How to Buy Bitcoin Anonymously: Everything You Need to ...

Ultimate glossary of crypto currency terms, acronyms and abbreviations

I thought it would be really cool to have an ultimate guide for those new to crypto currencies and the terms used. I made this mostly for beginner’s and veterans alike. I’m not sure how much use you will get out of this. Stuff gets lost on Reddit quite easily so I hope this finds its way to you. Included in this list, I have included most of the terms used in crypto-communities. I have compiled this list from a multitude of sources. The list is in alphabetical order and may include some words/terms not exclusive to the crypto world but may be helpful regardless.
2FA
Two factor authentication. I highly advise that you use it.
51% Attack:
A situation where a single malicious individual or group gains control of more than half of a cryptocurrency network’s computing power. Theoretically, it could allow perpetrators to manipulate the system and spend the same coin multiple times, stop other users from completing blocks and make conflicting transactions to a chain that could harm the network.
Address (or Addy):
A unique string of numbers and letters (both upper and lower case) used to send, receive or store cryptocurrency on the network. It is also the public key in a pair of keys needed to sign a digital transaction. Addresses can be shared publicly as a text or in the form of a scannable QR code. They differ between cryptocurrencies. You can’t send Bitcoin to an Ethereum address, for example.
Altcoin (alternative coin): Any digital currency other than Bitcoin. These other currencies are alternatives to Bitcoin regarding features and functionalities (e.g. faster confirmation time, lower price, improved mining algorithm, higher total coin supply). There are hundreds of altcoins, including Ether, Ripple, Litecoin and many many others.
AIRDROP:
An event where the investors/participants are able to receive free tokens or coins into their digital wallet.
AML: Defines Anti-Money Laundering laws**.**
ARBITRAGE:
Getting risk-free profits by trading (simultaneous buying and selling of the cryptocurrency) on two different exchanges which have different prices for the same asset.
Ashdraked:
Being Ashdraked is essentially a more detailed version of being Zhoutonged. It is when you lose all of your invested capital, but you do so specifically by shorting Bitcoin. The expression “Ashdraked” comes from a story of a Romanian cryptocurrency investor who insisted upon shorting BTC, as he had done so successfully in the past. When the price of BTC rose from USD 300 to USD 500, the Romanian investor lost all of his money.
ATH (All Time High):
The highest price ever achieved by a cryptocurrency in its entire history. Alternatively, ATL is all time low
Bearish:
A tendency of prices to fall; a pessimistic expectation that the value of a coin is going to drop.
Bear trap:
A manipulation of a stock or commodity by investors.
Bitcoin:
The very first, and the highest ever valued, mass-market open source and decentralized cryptocurrency and digital payment system that runs on a worldwide peer to peer network. It operates independently of any centralized authorities
Bitconnect:
One of the biggest scams in the crypto world. it was made popular in the meme world by screaming idiot Carlos Matos, who infamously proclaimed," hey hey heeeey” and “what's a what's a what's up wasssssssssuuuuuuuuuuuuup, BitConneeeeeeeeeeeeeeeeeeeeeeeect!”. He is now in the mentally ill meme hall of fame.
Block:
A package of permanently recorded data about transactions occurring every time period (typically about 10 minutes) on the blockchain network. Once a record has been completed and verified, it goes into a blockchain and gives way to the next block. Each block also contains a complex mathematical puzzle with a unique answer, without which new blocks can’t be added to the chain.
Blockchain:
An unchangeable digital record of all transactions ever made in a particular cryptocurrency and shared across thousands of computers worldwide. It has no central authority governing it. Records, or blocks, are chained to each other using a cryptographic signature. They are stored publicly and chronologically, from the genesis block to the latest block, hence the term blockchain. Anyone can have access to the database and yet it remains incredibly difficult to hack.
Bullish:
A tendency of prices to rise; an optimistic expectation that a specific cryptocurrency will do well and its value is going to increase.
BTFD:
Buy the fucking dip. This advise was bestowed upon us by the gods themselves. It is the iron code to crypto enthusiasts.
Bull market:
A market that Cryptos are going up.
Consensus:
An agreement among blockchain participants on the validity of data. Consensus is reached when the majority of nodes on the network verify that the transaction is 100% valid.
Crypto bubble:
The instability of cryptocurrencies in terms of price value
Cryptocurrency:
A type of digital currency, secured by strong computer code (cryptography), that operates independently of any middlemen or central authoritie
Cryptography:
The art of converting sensitive data into a format unreadable for unauthorized users, which when decoded would result in a meaningful statement.
Cryptojacking:
The use of someone else’s device and profiting from its computational power to mine cryptocurrency without their knowledge and consent.
Crypto-Valhalla:
When HODLers(holders) eventually cash out they go to a place called crypto-Valhalla. The strong will be separated from the weak and the strong will then be given lambos.
DAO:
Decentralized Autonomous Organizations. It defines A blockchain technology inspired organization or corporation that exists and operates without human intervention.
Dapp (decentralized application):
An open-source application that runs and stores its data on a blockchain network (instead of a central server) to prevent a single failure point. This software is not controlled by the single body – information comes from people providing other people with data or computing power.
Decentralized:
A system with no fundamental control authority that governs the network. Instead, it is jointly managed by all users to the system.
Desktop wallet:
A wallet that stores the private keys on your computer, which allow the spending and management of your bitcoins.
DILDO:
Long red or green candles. This is a crypto signal that tells you that it is not favorable to trade at the moment. Found on candlestick charts.
Digital Signature:
An encrypted digital code attached to an electronic document to prove that the sender is who they say they are and confirm that a transaction is valid and should be accepted by the network.
Double Spending:
An attack on the blockchain where a malicious user manipulates the network by sending digital money to two different recipients at exactly the same time.
DYOR:
Means do your own research.
Encryption:
Converting data into code to protect it from unauthorized access, so that only the intended recipient(s) can decode it.
Eskrow:
the practice of having a third party act as an intermediary in a transaction. This third party holds the funds on and sends them off when the transaction is completed.
Ethereum:
Ethereum is an open source, public, blockchain-based platform that runs smart contracts and allows you to build dapps on it. Ethereum is fueled by the cryptocurrency Ether.
Exchange:
A platform (centralized or decentralized) for exchanging (trading) different forms of cryptocurrencies. These exchanges allow you to exchange cryptos for local currency. Some popular exchanges are Coinbase, Bittrex, Kraken and more.
Faucet:
A website which gives away free cryptocurrencies.
Fiat money:
Fiat currency is legal tender whose value is backed by the government that issued it, such as the US dollar or UK pound.
Fork:
A split in the blockchain, resulting in two separate branches, an original and a new alternate version of the cryptocurrency. As a single blockchain forks into two, they will both run simultaneously on different parts of the network. For example, Bitcoin Cash is a Bitcoin fork.
FOMO:
Fear of missing out.
Frictionless:
A system is frictionless when there are zero transaction costs or trading retraints.
FUD:
Fear, Uncertainty and Doubt regarding the crypto market.
Gas:
A fee paid to run transactions, dapps and smart contracts on Ethereum.
Halving:
A 50% decrease in block reward after the mining of a pre-specified number of blocks. Every 4 years, the “reward” for successfully mining a block of bitcoin is reduced by half. This is referred to as “Halving”.
Hardware wallet:
Physical wallet devices that can securely store cryptocurrency maximally. Some examples are Ledger Nano S**,** Digital Bitbox and more**.**
Hash:
The process that takes input data of varying sizes, performs an operation on it and converts it into a fixed size output. It cannot be reversed.
Hashing:
The process by which you mine bitcoin or similar cryptocurrency, by trying to solve the mathematical problem within it, using cryptographic hash functions.
HODL:
A Bitcoin enthusiast once accidentally misspelled the word HOLD and it is now part of the bitcoin legend. It can also mean hold on for dear life.
ICO (Initial Coin Offering):
A blockchain-based fundraising mechanism, or a public crowd sale of a new digital coin, used to raise capital from supporters for an early stage crypto venture. Beware of these as there have been quite a few scams in the past.
John mcAfee:
A man who will one day eat his balls on live television for falsely predicting bitcoin going to 100k. He has also become a small meme within the crypto community for his outlandish claims.
JOMO:
Joy of missing out. For those who are so depressed about missing out their sadness becomes joy.
KYC:
Know your customer(alternatively consumer).
Lambo:
This stands for Lamborghini. A small meme within the investing community where the moment someone gets rich they spend their earnings on a lambo. One day we will all have lambos in crypto-valhalla.
Ledger:
Away from Blockchain, it is a book of financial transactions and balances. In the world of crypto, the blockchain functions as a ledger. A digital currency’s ledger records all transactions which took place on a certain block chain network.
Leverage:
Trading with borrowed capital (margin) in order to increase the potential return of an investment.
Liquidity:
The availability of an asset to be bought and sold easily, without affecting its market price.
of the coins.
Margin trading:
The trading of assets or securities bought with borrowed money.
Market cap/MCAP:
A short-term for Market Capitalization. Market Capitalization refers to the market value of a particular cryptocurrency. It is computed by multiplying the Price of an individual unit of coins by the total circulating supply.
Miner:
A computer participating in any cryptocurrency network performing proof of work. This is usually done to receive block rewards.
Mining:
The act of solving a complex math equation to validate a blockchain transaction using computer processing power and specialized hardware.
Mining contract:
A method of investing in bitcoin mining hardware, allowing anyone to rent out a pre-specified amount of hashing power, for an agreed amount of time. The mining service takes care of hardware maintenance, hosting and electricity costs, making it simpler for investors.
Mining rig:
A computer specially designed for mining cryptocurrencies.
Mooning:
A situation the price of a coin rapidly increases in value. Can also be used as: “I hope bitcoin goes to the moon”
Node:
Any computing device that connects to the blockchain network.
Open source:
The practice of sharing the source code for a piece of computer software, allowing it to be distributed and altered by anyone.
OTC:
Over the counter. Trading is done directly between parties.
P2P (Peer to Peer):
A type of network connection where participants interact directly with each other rather than through a centralized third party. The system allows the exchange of resources from A to B, without having to go through a separate server.
Paper wallet:
A form of “cold storage” where the private keys are printed onto a piece of paper and stored offline. Considered as one of the safest crypto wallets, the truth is that it majors in sweeping coins from your wallets.
Pre mining:
The mining of a cryptocurrency by its developers before it is released to the public.
Proof of stake (POS):
A consensus distribution algorithm which essentially rewards you based upon the amount of the coin that you own. In other words, more investment in the coin will leads to more gain when you mine with this protocol In Proof of Stake, the resource held by the “miner” is their stake in the currency.
PROOF OF WORK (POW) :
The competition of computers competing to solve a tough crypto math problem. The first computer that does this is allowed to create new blocks and record information.” The miner is then usually rewarded via transaction fees.
Protocol:
A standardized set of rules for formatting and processing data.
Public key / private key:
A cryptographic code that allows a user to receive cryptocurrencies into an account. The public key is made available to everyone via a publicly accessible directory, and the private key remains confidential to its respective owner. Because the key pair is mathematically related, whatever is encrypted with a public key may only be decrypted by its corresponding private key.
Pump and dump:
Massive buying and selling activity of cryptocurrencies (sometimes organized and to one’s benefit) which essentially result in a phenomenon where the significant surge in the value of coin followed by a huge crash take place in a short time frame.
Recovery phrase:
A set of phrases you are given whereby you can regain or access your wallet should you lose the private key to your wallets — paper, mobile, desktop, and hardware wallet. These phrases are some random 12–24 words. A recovery Phrase can also be called as Recovery seed, Seed Key, Recovery Key, or Seed Phrase.
REKT:
Referring to the word “wrecked”. It defines a situation whereby an investor or trader who has been ruined utterly following the massive losses suffered in crypto industry.
Ripple:
An alternative payment network to Bitcoin based on similar cryptography. The ripple network uses XRP as currency and is capable of sending any asset type.
ROI:
Return on investment.
Safu:
A crypto term for safe popularized by the Bizonnaci YouTube channel after the CEO of Binance tweeted
“Funds are safe."
“the exchage I use got hacked!”“Oh no, are your funds safu?”
“My coins better be safu!”


Sats/Satoshi:
The smallest fraction of a bitcoin is called a “satoshi” or “sat”. It represents one hundred-millionth of a bitcoin and is named after Satoshi Nakamoto.
Satoshi Nakamoto:
This was the pseudonym for the mysterious creator of Bitcoin.
Scalability:
The ability of a cryptocurrency to contain the massive use of its Blockchain.
Sharding:
A scaling solution for the Blockchain. It is generally a method that allows nodes to have partial copies of the complete blockchain in order to increase overall network performance and consensus speeds.
Shitcoin:
Coin with little potential or future prospects.
Shill:
Spreading buzz by heavily promoting a particular coin in the community to create awareness.
Short position:
Selling of a specific cryptocurrency with an expectation that it will drop in value.
Silk road:
The online marketplace where drugs and other illicit items were traded for Bitcoin. This marketplace is using accessed through “TOR”, and VPNs. In October 2013, a Silk Road was shut down in by the FBI.
Smart Contract:
Certain computational benchmarks or barriers that have to be met in turn for money or data to be deposited or even be used to verify things such as land rights.
Software Wallet:
A crypto wallet that exists purely as software files on a computer. Usually, software wallets can be generated for free from a variety of sources.
Solidity:
A contract-oriented coding language for implementing smart contracts on Ethereum. Its syntax is similar to that of JavaScript.
Stable coin:
A cryptocoin with an extremely low volatility that can be used to trade against the overall market.
Staking:
Staking is the process of actively participating in transaction validation (similar to mining) on a proof-of-stake (PoS) blockchain. On these blockchains, anyone with a minimum-required balance of a specific cryptocurrency can validate transactions and earn Staking rewards.
Surge:
When a crypto currency appreciates or goes up in price.
Tank:
The opposite of mooning. When a coin tanks it can also be described as crashing.
Tendies
For traders , the chief prize is “tendies” (chicken tenders, the treat an overgrown man-child receives for being a “Good Boy”) .
Token:
A unit of value that represents a digital asset built on a blockchain system. A token is usually considered as a “coin” of a cryptocurrency, but it really has a wider functionality.
TOR: “The Onion Router” is a free web browser designed to protect users’ anonymity and resist censorship. Tor is usually used surfing the web anonymously and access sites on the “Darkweb”.
Transaction fee:
An amount of money users are charged from their transaction when sending cryptocurrencies.
Volatility:
A measure of fluctuations in the price of a financial instrument over time. High volatility in bitcoin is seen as risky since its shifting value discourages people from spending or accepting it.
Wallet:
A file that stores all your private keys and communicates with the blockchain to perform transactions. It allows you to send and receive bitcoins securely as well as view your balance and transaction history.
Whale:
An investor that holds a tremendous amount of cryptocurrency. Their extraordinary large holdings allow them to control prices and manipulate the market.
Whitepaper:

A comprehensive report or guide made to understand an issue or help decision making. It is also seen as a technical write up that most cryptocurrencies provide to take a deep look into the structure and plan of the cryptocurrency/Blockchain project. Satoshi Nakamoto was the first to release a whitepaper on Bitcoin, titled “Bitcoin: A Peer-to-Peer Electronic Cash System” in late 2008.
And with that I finally complete my odyssey. I sincerely hope that this helped you and if you are new, I welcome you to crypto. If you read all of that I hope it increased, you in knowledge.
my final definition:
Crypto-Family:
A collection of all the HODLers and crypto fanatics. A place where all people alike unite over a love for crypto.
We are all in this together as we pioneer the new world that is crypto currency. I wish you a great day and Happy HODLing.
-u/flacciduck
feel free to comment words or terms that you feel should be included or about any errors I made.
Edit1:some fixes were made and added words.
submitted by flacciduck to CryptoCurrency [link] [comments]

Bob The Magic Custodian



Summary: Everyone knows that when you give your assets to someone else, they always keep them safe. If this is true for individuals, it is certainly true for businesses.
Custodians always tell the truth and manage funds properly. They won't have any interest in taking the assets as an exchange operator would. Auditors tell the truth and can't be misled. That's because organizations that are regulated are incapable of lying and don't make mistakes.

First, some background. Here is a summary of how custodians make us more secure:

Previously, we might give Alice our crypto assets to hold. There were risks:

But "no worries", Alice has a custodian named Bob. Bob is dressed in a nice suit. He knows some politicians. And he drives a Porsche. "So you have nothing to worry about!". And look at all the benefits we get:
See - all problems are solved! All we have to worry about now is:
It's pretty simple. Before we had to trust Alice. Now we only have to trust Alice, Bob, and all the ways in which they communicate. Just think of how much more secure we are!

"On top of that", Bob assures us, "we're using a special wallet structure". Bob shows Alice a diagram. "We've broken the balance up and store it in lots of smaller wallets. That way", he assures her, "a thief can't take it all at once". And he points to a historic case where a large sum was taken "because it was stored in a single wallet... how stupid".
"Very early on, we used to have all the crypto in one wallet", he said, "and then one Christmas a hacker came and took it all. We call him the Grinch. Now we individually wrap each crypto and stick it under a binary search tree. The Grinch has never been back since."

"As well", Bob continues, "even if someone were to get in, we've got insurance. It covers all thefts and even coercion, collusion, and misplaced keys - only subject to the policy terms and conditions." And with that, he pulls out a phone-book sized contract and slams it on the desk with a thud. "Yep", he continues, "we're paying top dollar for one of the best policies in the country!"
"Can I read it?' Alice asks. "Sure," Bob says, "just as soon as our legal team is done with it. They're almost through the first chapter." He pauses, then continues. "And can you believe that sales guy Mike? He has the same year Porsche as me. I mean, what are the odds?"

"Do you use multi-sig?", Alice asks. "Absolutely!" Bob replies. "All our engineers are fully trained in multi-sig. Whenever we want to set up a new wallet, we generate 2 separate keys in an air-gapped process and store them in this proprietary system here. Look, it even requires the biometric signature from one of our team members to initiate any withdrawal." He demonstrates by pressing his thumb into the display. "We use a third-party cloud validation API to match the thumbprint and authorize each withdrawal. The keys are also backed up daily to an off-site third-party."
"Wow that's really impressive," Alice says, "but what if we need access for a withdrawal outside of office hours?" "Well that's no issue", Bob says, "just send us an email, call, or text message and we always have someone on staff to help out. Just another part of our strong commitment to all our customers!"

"What about Proof of Reserve?", Alice asks. "Of course", Bob replies, "though rather than publish any blockchain addresses or signed transaction, for privacy we just do a SHA256 refactoring of the inverse hash modulus for each UTXO nonce and combine the smart contract coefficient consensus in our hyperledger lightning node. But it's really simple to use." He pushes a button and a large green checkmark appears on a screen. "See - the algorithm ran through and reserves are proven."
"Wow", Alice says, "you really know your stuff! And that is easy to use! What about fiat balances?" "Yeah, we have an auditor too", Bob replies, "Been using him for a long time so we have quite a strong relationship going! We have special books we give him every year and he's very efficient! Checks the fiat, crypto, and everything all at once!"

"We used to have a nice offline multi-sig setup we've been using without issue for the past 5 years, but I think we'll move all our funds over to your facility," Alice says. "Awesome", Bob replies, "Thanks so much! This is perfect timing too - my Porsche got a dent on it this morning. We have the paperwork right over here." "Great!", Alice replies.
And with that, Alice gets out her pen and Bob gets the contract. "Don't worry", he says, "you can take your crypto-assets back anytime you like - just subject to our cancellation policy. Our annual management fees are also super low and we don't adjust them often".

How many holes have to exist for your funds to get stolen?
Just one.

Why are we taking a powerful offline multi-sig setup, widely used globally in hundreds of different/lacking regulatory environments with 0 breaches to date, and circumventing it by a demonstrably weak third party layer? And paying a great expense to do so?
If you go through the list of breaches in the past 2 years to highly credible organizations, you go through the list of major corporate frauds (only the ones we know about), you go through the list of all the times platforms have lost funds, you go through the list of times and ways that people have lost their crypto from identity theft, hot wallet exploits, extortion, etc... and then you go through this custodian with a fine-tooth comb and truly believe they have value to add far beyond what you could, sticking your funds in a wallet (or set of wallets) they control exclusively is the absolute worst possible way to take advantage of that security.

The best way to add security for crypto-assets is to make a stronger multi-sig. With one custodian, what you are doing is giving them your cryptocurrency and hoping they're honest, competent, and flawlessly secure. It's no different than storing it on a really secure exchange. Maybe the insurance will cover you. Didn't work for Bitpay in 2015. Didn't work for Yapizon in 2017. Insurance has never paid a claim in the entire history of cryptocurrency. But maybe you'll get lucky. Maybe your exact scenario will buck the trend and be what they're willing to cover. After the large deductible and hopefully without a long and expensive court battle.

And you want to advertise this increase in risk, the lapse of judgement, an accident waiting to happen, as though it's some kind of benefit to customers ("Free institutional-grade storage for your digital assets.")? And then some people are writing to the OSC that custodians should be mandatory for all funds on every exchange platform? That this somehow will make Canadians as a whole more secure or better protected compared with standard air-gapped multi-sig? On what planet?

Most of the problems in Canada stemmed from one thing - a lack of transparency. If Canadians had known what a joke Quadriga was - it wouldn't have grown to lose $400m from hard-working Canadians from coast to coast to coast. And Gerald Cotten would be in jail, not wherever he is now (at best, rotting peacefully). EZ-BTC and mister Dave Smilie would have been a tiny little scam to his friends, not a multi-million dollar fraud. Einstein would have got their act together or been shut down BEFORE losing millions and millions more in people's funds generously donated to criminals. MapleChange wouldn't have even been a thing. And maybe we'd know a little more about CoinTradeNewNote - like how much was lost in there. Almost all of the major losses with cryptocurrency exchanges involve deception with unbacked funds.
So it's great to see transparency reports from BitBuy and ShakePay where someone independently verified the backing. The only thing we don't have is:
It's not complicated to validate cryptocurrency assets. They need to exist, they need to be spendable, and they need to cover the total balances. There are plenty of credible people and firms across the country that have the capacity to reasonably perform this validation. Having more frequent checks by different, independent, parties who publish transparent reports is far more valuable than an annual check by a single "more credible/official" party who does the exact same basic checks and may or may not publish anything. Here's an example set of requirements that could be mandated:
There are ways to structure audits such that neither crypto assets nor customer information are ever put at risk, and both can still be properly validated and publicly verifiable. There are also ways to structure audits such that they are completely reasonable for small platforms and don't inhibit innovation in any way. By making the process as reasonable as possible, we can completely eliminate any reason/excuse that an honest platform would have for not being audited. That is arguable far more important than any incremental improvement we might get from mandating "the best of the best" accountants. Right now we have nothing mandated and tons of Canadians using offshore exchanges with no oversight whatsoever.

Transparency does not prove crypto assets are safe. CoinTradeNewNote, Flexcoin ($600k), and Canadian Bitcoins ($100k) are examples where crypto-assets were breached from platforms in Canada. All of them were online wallets and used no multi-sig as far as any records show. This is consistent with what we see globally - air-gapped multi-sig wallets have an impeccable record, while other schemes tend to suffer breach after breach. We don't actually know how much CoinTrader lost because there was no visibility. Rather than publishing details of what happened, the co-founder of CoinTrader silently moved on to found another platform - the "most trusted way to buy and sell crypto" - a site that has no information whatsoever (that I could find) on the storage practices and a FAQ advising that “[t]rading cryptocurrency is completely safe” and that having your own wallet is “entirely up to you! You can certainly keep cryptocurrency, or fiat, or both, on the app.” Doesn't sound like much was learned here, which is really sad to see.
It's not that complicated or unreasonable to set up a proper hardware wallet. Multi-sig can be learned in a single course. Something the equivalent complexity of a driver's license test could prevent all the cold storage exploits we've seen to date - even globally. Platform operators have a key advantage in detecting and preventing fraud - they know their customers far better than any custodian ever would. The best job that custodians can do is to find high integrity individuals and train them to form even better wallet signatories. Rather than mandating that all platforms expose themselves to arbitrary third party risks, regulations should center around ensuring that all signatories are background-checked, properly trained, and using proper procedures. We also need to make sure that signatories are empowered with rights and responsibilities to reject and report fraud. They need to know that they can safely challenge and delay a transaction - even if it turns out they made a mistake. We need to have an environment where mistakes are brought to the surface and dealt with. Not one where firms and people feel the need to hide what happened. In addition to a knowledge-based test, an auditor can privately interview each signatory to make sure they're not in coercive situations, and we should make sure they can freely and anonymously report any issues without threat of retaliation.
A proper multi-sig has each signature held by a separate person and is governed by policies and mutual decisions instead of a hierarchy. It includes at least one redundant signature. For best results, 3of4, 3of5, 3of6, 4of5, 4of6, 4of7, 5of6, or 5of7.

History has demonstrated over and over again the risk of hot wallets even to highly credible organizations. Nonetheless, many platforms have hot wallets for convenience. While such losses are generally compensated by platforms without issue (for example Poloniex, Bitstamp, Bitfinex, Gatecoin, Coincheck, Bithumb, Zaif, CoinBene, Binance, Bitrue, Bitpoint, Upbit, VinDAX, and now KuCoin), the public tends to focus more on cases that didn't end well. Regardless of what systems are employed, there is always some level of risk. For that reason, most members of the public would prefer to see third party insurance.
Rather than trying to convince third party profit-seekers to provide comprehensive insurance and then relying on an expensive and slow legal system to enforce against whatever legal loopholes they manage to find each and every time something goes wrong, insurance could be run through multiple exchange operators and regulators, with the shared interest of having a reputable industry, keeping costs down, and taking care of Canadians. For example, a 4 of 7 multi-sig insurance fund held between 5 independent exchange operators and 2 regulatory bodies. All Canadian exchanges could pay premiums at a set rate based on their needed coverage, with a higher price paid for hot wallet coverage (anything not an air-gapped multi-sig cold wallet). Such a model would be much cheaper to manage, offer better coverage, and be much more reliable to payout when needed. The kind of coverage you could have under this model is unheard of. You could even create something like the CDIC to protect Canadians who get their trading accounts hacked if they can sufficiently prove the loss is legitimate. In cases of fraud, gross negligence, or insolvency, the fund can be used to pay affected users directly (utilizing the last transparent balance report in the worst case), something which private insurance would never touch. While it's recommended to have official policies for coverage, a model where members vote would fully cover edge cases. (Could be similar to the Supreme Court where justices vote based on case law.)
Such a model could fully protect all Canadians across all platforms. You can have a fiat coverage governed by legal agreements, and crypto-asset coverage governed by both multi-sig and legal agreements. It could be practical, affordable, and inclusive.

Now, we are at a crossroads. We can happily give up our freedom, our innovation, and our money. We can pay hefty expenses to auditors, lawyers, and regulators year after year (and make no mistake - this cost will grow to many millions or even billions as the industry grows - and it will be borne by all Canadians on every platform because platforms are not going to eat up these costs at a loss). We can make it nearly impossible for any new platform to enter the marketplace, forcing Canadians to use the same stagnant platforms year after year. We can centralize and consolidate the entire industry into 2 or 3 big players and have everyone else fail (possibly to heavy losses of users of those platforms). And when a flawed security model doesn't work and gets breached, we can make it even more complicated with even more people in suits making big money doing the job that blockchain was supposed to do in the first place. We can build a system which is so intertwined and dependent on big government, traditional finance, and central bankers that it's future depends entirely on that of the fiat system, of fractional banking, and of government bail-outs. If we choose this path, as history has shown us over and over again, we can not go back, save for revolution. Our children and grandchildren will still be paying the consequences of what we decided today.
Or, we can find solutions that work. We can maintain an open and innovative environment while making the adjustments we need to make to fully protect Canadian investors and cryptocurrency users, giving easy and affordable access to cryptocurrency for all Canadians on the platform of their choice, and creating an environment in which entrepreneurs and problem solvers can bring those solutions forward easily. None of the above precludes innovation in any way, or adds any unreasonable cost - and these three policies would demonstrably eliminate or resolve all 109 historic cases as studied here - that's every single case researched so far going back to 2011. It includes every loss that was studied so far not just in Canada but globally as well.
Unfortunately, finding answers is the least challenging part. Far more challenging is to get platform operators and regulators to agree on anything. My last post got no response whatsoever, and while the OSC has told me they're happy for industry feedback, I believe my opinion alone is fairly meaningless. This takes the whole community working together to solve. So please let me know your thoughts. Please take the time to upvote and share this with people. Please - let's get this solved and not leave it up to other people to do.

Facts/background/sources (skip if you like):



Thoughts?
submitted by azoundria2 to QuadrigaInitiative [link] [comments]

Coinbase Tutorial. A Definitive Guide for Newcomers.

Coinbase Tutorial. A Definitive Guide for Newcomers.

As cryptocurrencies become more abundant throughout our society, more information must be prevalent to educate the newcomers into the world of cryptocurrency and blockchain technology. If you’re new to cryptocurrencies, then you’ve come to the right place as Coinbase is one of the simplest cryptocurrency trading platforms to get started on. Once you understand Coinbase, more advanced trading platforms such as Binance won’t seem as intimidating.

What is Coinbase?

Coinbase is a cryptocurrency trading platform which allows you to buy and sell five different cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin. Note that there are over thousands of different cryptocurrencies but these four are what Coinbase specializes in.

Making a Coinbase account

Creating a Coinbase account is very simple but there’s much more to it compared to something like creating a Reddit account. Be sure to have either your driver’s license, passport, or identification card at hand as you’ll be asked to provide this information via upload.
Coinbase currently has a sign-up promotion going on. If you haven't signed up yet, sign up using this link and you'll receive $10 free in bitcoin (after you spend $100).

Why does Coinbase need to see my ID?

Coinbase needs to be able to verify your identify because they are a regulated financial service company operating in the US. As they state on their website:
As a regulated financial service company operating in the US we are periodically required to identify users on our platform. This ensures we remain in compliance with KYC/AML laws in the jurisdictions in which we operate, something that is necessary for us to be able to continue to offer digital currency exchange services to our customers.
Once you’ve created your account, you’ll have to wait until you get approved before you’re allowed to start buying and trading on the platform. This can take upwards of 7 days till approval. Coinbase will also make two distinct small charges towards your bank account. You will need to find these charges and register them into Coinbase as a part of the approval process.
The time in which it’ll take to get approved will vary person to person, just be patient and you eventually will get approved. In the mean-time I highly recommend taking some extra steps done to ensure the security, and longevity of your account.

Securing Your Coinbase Account

Two Factor Authentication

Upon signing into your Coinbase account, you’ll be sent a text message containing a code in which you will have to input allowing you to access your account. This is a security measure done to ensure it is specifically you trying to access your account, it’s important to note that a hacker could still compromise your account through a social engineering attack with what is known as a phone porting attack. This attack is done after obtaining your phone number and various other personal information, the hacker will then call up your phone carrier impersonating you, and then attempt to port your number over to a new device. Once a hacker has access to your text messages, they can then access your account with your SMS two-factor authentication code. If you’d like to see a real example of how this can play out, Cody Brown shares his example of how he lost $8k worth of bitcoin to this attack.
Anyways, the best way to prevent this is through the use of an authenticator. The most common being Google Authenticator. I don’t want to get into too much technical details as to how authenticators work. Think of it as a digital key, stored on a device that changes every 30 seconds.
In order to enable authenticator for Coinbase, go to Settings > Security and Enable Authenticator as shown here. After that a prompt will appear along with a QR code and a secret code (comprised of a random string of 16 letters & numbers). You will need to open up your Google Authenticator app and scan in your QR code. You will also need to write down your secret code and keep it in a safe place such as a safe and/or security deposit box.
Once enabled, any time you wish to access your Coinbase account or make trades/transfers, you will need access to the 6-digit code provided by your authenticator.
IMPORTANT: If you lose access to the device you’ve enacted authenticator on, you ABSOLUTELY WILL NOT be able to recover your account UNLESS you have that 16 digit secret code. This is a serious matter that should be taken with serious caution. It is important you take preventative security measures to ensure the security of your cryptocurrency. I highly recommend calling your bank and opening a security deposit box. This will mostly likely cost a yearly fee but the peace of mind alone is worth it IMO.

Phishing Schemes

I’d like to briefly touch on phishing schemes. Phishing is the act of attempting to obtain personal information through the use of social engineering. Common phishing schemes/methods include: fraudulent e-mails in which the sender tries to impersonate an entity of authority (we’ve all received these sketchy e-mails before) and websites registered under the misspelling of a popular domain. In the world of crypto, it is essential to be attentive to schemes like these as it is much easier to fall victim than you may think. The anonymity of crypto alone makes it very appealing to hackers & scammers. You should always be on the lookout for fraudulent schemes.
Some preventative actions you may want to consider taking:
  • Creating a bookmarks folder of all the popular crypto-related sites you visit
  • Creating email inbox rules to distinguish trusted entities.
  • As a safety precaution, ensure you have authenticator enabled throughout all your crypto-related accounts with the security keys kept in a safety deposit box.
  • Use a hardware wallet to store your cryptocurrency instead of keeping them on exchanges (I’ll touch more on this later)

Funding Your Coinbase Account

Congratulations, your Coinbase account got approved! You can now start funding your account… or so you thought.
Upon your first cryptocurrency purchase with Coinbase, it is very likely your bank will automatically flag the purchase as fraudulent. If this happens to you (which it most likely will), you will need to call up your bank and let them know to let the purchase go through.
Once you’ve taken care of that, buying and selling cryptocurrency is relatively self-explanatory. Just go to Buy/Sell in the menu and choose which currency you’d like to buy/sell as shown below.
https://imgur.com/isNuaSJ

Funding Limits

Coinbase has weekly limits as to how much cryptocurrency you may purchase. Your limits will not start out this high but increase with proper verification and the longer you have an account.
Weekly Buy Limits
  • Cash: $100,000
  • Bank Account: $25,000
  • Credit/Debit Card: $7,500
Weekly Sell Limits
  • $100,000
Credit/Debit Card and bank account purchases are both instantaneous, however, for bank account purchases, it'll take 5-7 business days for you to see the charge in your account.
For information see:

Fees

There’s three distinct fee’s you will encounter with Coinbase.
  • Conversion & Exchange Fees: These are fees you’ll encounter through the buying, selling or exchanging of crypto. A fee is charged when you convert fiat to crypto.
  • Transfer Fees: A fee is charged if you’re transferring crypto to a different wallet (IE: Crypto Binance). Note that if this wallet happens to be another Coinbase wallet, there is no fee.
  • Mining Fees: These's are inherent fee's you'll encounter with any sort of crypto transaction. Mining fee's will also change depending on which cryptocurrency you are purchasing. I don't want to delve to much into the technical aspects as to why this is (as it can get very technical). I'll have to save this for a later post.
Note that the Bitcoin network is notorious for insanely high fee's. Purchase and transaction fee's upwards of $50+ are not uncommon during periods of high network congestion. Using Bitcoin to purchase something like a cup of coffee is completely trivial, and as we advance forward into the space, it's becoming more apparent that Bitcoin's main use case will be that of a digital gold rather than a global payment network.

Lowest Possible Fee With Coinbase

If you're going to be making large crypto purchases through Coinbase, ideally you'd want to get the lowest fee possible. I have found that the best way to do this is by your linking a bank account rather then by purchasing through debit/credit card. See photo.
  • Funding via bank account: 1.46% fee
  • Funding via debit/credit card: 3.83% fee
See photo.
As you can see, both allow instantaneous availability of funds. However, it'll take 5-7 business days for the bank account transfer charge to appear in your account.
Note: The fee you receive will also depend on how large of an amount you are purchasing. Expect fees to be a bit higher for smaller purchasing amounts and lower for larger amounts.

Fees Continued

It's important to know that fees will change depending on what country you're from and what cryptocurrency you happen to be purchasing. For more information on Coinbase fees I highly recommend visiting their fee disclosure page.

Avoiding Coinbase Transfer Fees Using GDAX

There is a bit of loophole to avoid Coinbase transfer fees. This is done through Coinbase’s advanced trading platform known as GDAX. It looks intimidating, but it’s a lot easier to use than they make it seem. Luckily, as Coinbase user, you technically already have a GDAX account. Simply follow the sign-up steps for GDAX, and you’ll find your information pre-populated. No need for long wait-times for verification etc.
To mitigate Coinbase transfer fees, send your money: Coinbase - GDAX - wallet of your choice

Sending & Receiving Cryptocurrency

Sending and receiving crypto with Coinbase is super easy…

Sending

Go to Accounts in the menu, look for the currency you’d like to send, then click Send. A prompt will come up instructing you to put in the recipients address and the amount you’d like to send. Ethereum example.

Receiving

Go to Accounts in the menu, look for the currency you’d like to receive, then click Receive. A QR code and random string of numbers will appear. That random string of letters & numbers is your wallet address. This string is what you’d give to someone if you were looking to receive crypto. Your wallet address is also crypto specific. This means that if you try to send Litecoin to your Bitcoin wallet address, the transaction will fail.
Random LPT: If you’re ever needing to transfer a large amount of crypto to another wallet, I recommend sending a test amount which is basically just a small amount of crypto. If said small amount appears in the wallet, you know you have the correct address. If not… you may need to just wait a bit longer and hopefully it will appear, or you’ve sent it to the wrong wallet address.

Securing Your Cryptocurrency

There are many ways you could go about securing your cryptocurrency. I’m going to discuss two.

The Vault

The Vault is a feature Coinbase offers free of charge to safeguard your funds by adding multiple layers of security. With the vault, there is a designated time frame for withdrawals. This helps to safeguard against hackers getting into and emptying your account. Additionally, you can have other people (or email addresses) needed to confirm these withdrawals for an added layer of security.
Warning: The vault is a feature you should use if you are planning on holding your cryptocurrency for a longer period of time. It is not recommended if you are looking to turn quick profits through buying and selling often due to the 3 day waiting period for withdrawals.

Ledger Nano S

The Ledger Nano S is a cryptocurrency hardware wallet. It allows you to store your cryptocurrency in physical device akin to that of a USB drive. You would then ideally keep this in a safe at home. This is my personal preferred method of storing cryptocurrency because I don’t have to worry about hackers potentially gaining access to my cryptocurrency online, rather, that security falls into my own hand. I just have to make sure I don’t lose or damage my Ledger, and even if I managed to do that, there is a 16 word recovery phrase provided by the Ledger in the event of a lost, damaged, or stolen Ledger. As long as you have the recovery phrase, you can recover all your cryptocurrency.
So after purchasing crypto through Coinbase, instead of leaving my digital goods on the exchange, I transfer it to cold storage (which is another word for hardware wallet IE: Ledger Nano S).

My Primary use of Coinbase

I primarily use Coinbase as an easy access point into the crypto world. Coinbase makes it very easy to purchase the largest of cryptocurrencys and once you have access to these, you can start purchasing more niche cryptocurrencies such as Ripple, EOS, IOTA, NEO, etc... You would do this through the use of much larger exchange such as Binance.
You cannot directly convert fiat to crypto with Binance yet. So in order to fund a Binance account, you need to convert your fiat to crypto through an exchange that allows you to do so, (this is where Coinbase comes into play) send that crypto to your Binance account, then make a purchase.
The way I go about doing this is:
  • 1st I purchase Ethereum through Coinbase. I purchase Ethereum instead of Bitcoin, because as I mentioned before, Bitcoin is notorious for insanely mining and transaction fees. Ethereum has much lower fees.
  • 2nd I send said Ethereum to my Binance account
  • 3rd Once I receive that Ethereum on my Binance account, I make my niche cryptocurrency purchase through the Binance exchange.
I have a step-by-step guide that details out this process. You can view it here.
PHEWWWW. That was a lot of words... Anyways, I hope this was beneficial to you crypto newbies out there. I plan on making more tutorials like this in the future :) If you have any questions, just leave them in the comments sections down below. I’m sure either myself or the community would be able to respond.

Related Links

Exchanges

Guides

submitted by MrCryptoDude to CoinBase [link] [comments]

Groestlcoin Release September 2018

Introduction

As always, the past 3 months since 22nd June have been crazy busy. The bears might still be around, but the show must go on and of course has not slowed the Groestlcoin development team in the slightest. Here’s a quick overview of what has already happened since the last release: - Integrated into the bitbns exchange, with the ability to buy Groestlcoin directly with the Indian Rupee. - Groestlcoin Rebrand Vote – Whilst there was much talk and push for a rebrand vote, the overall result was almost unanimously in favour of keeping our unique and conversation-starting name. With just 83 votes to Rebrand, and 2577 votes to No Rebrand. Thank you for all who voted, the funds raised are being used to fund ongoing hosting and development costs. - Integrated into the Cryptobridge exchange. Cryptobridge is a popular decentralised exchange where you always hold the private keys to your funds, only YOU have access to them. - Groestlcoin has been added to SimpleSwap – Groestlcoin can now be swapped with over 100 other cryptocurrencies, without signing up! - Groestlcoin has been added to UnoDax, one of the leading cryptocurrency exchanges in India, with TUSD, BTC and INR trading pairs. - Groestlcoin has been added to SwapLab.cc, where you can buy Groestlcoin using Bitcoin and over 50 other altcoins. Purchasing with VISA/Mastercard is coming VERY SOON. Discussed later: - Groestlcoin has been listed on #3 largest exchange in the world on volume, Huobi Global! More on this to come further on in the announcements. - Groestlcoin has been added to the Guarda Multi-Currency Wallet. - Groestlcoin has been added to Melis Multi-Device, Multi-Account, Multi-Platform, Multi-Signature advanced wallet! Already this list is far more than most other cryptocurrencies have achieved in the past 3 months. But this is just the tip of the iceberg of what has been developed.

What's been Happening?

GRSPay Released

We are so excited for this, that it has it's own separate reddit thread. Head over there now at https://www.reddit.com/groestlcoin/comments/9ikr5m/groestlcoin_releases_grspay/? to see more on this!
https://www.melis.io/assets/logo-navbar-4b6f0d372f15b2446d3fa4c68f346e4fb08ee113941186cee58fd6135f3f8b7d.svg

Melis Wallet

The the most advanced wallet for Bitcoin, Bitcoin Cash, Litecoin and now Groestlcoin.
With Melis you have the complete control of your bitcoins and private keys, you can define spending limits policies and make use of two or more factors authentication. Melis is open source, published on GitHub.

How Melis Works?

You can create as many accounts as you want. An account is a part of your wallet that can be customised to your requirements. You can choose how many co-signers are required to spend funds. The accounts are completely independent and act like separate wallets from each other but can be accessed via the same details. A core feature of Melis is the ability to set a ‘primary’ device. With this you can set an account as ‘Secure’ so it is only viewable (and accessible at all) from the Primary device. You can have a savings account hidden from the outside world whilst also having your ‘spending’ funds available on the go. With Melis you can create a multi-signature account between N people, where up to N signatures are required to sign a transaction, choosing if any of those should be mandatory.
Core Features:
https://guarda.co/assets/images/1PGo4ID.svg?1537791124643

Guarda Wallet

Safer than ever! Desktop Light Wallet - Anonymous and fast!
With Guarda Multi-currency Desktop Light Wallet you don’t need to register. Guarda has no access to your private keys or funds. You can receive, send, store, buy and exchange cryptocurrencies in complete anonymity and safety. All these features are available on Linux, Windows or MacOS. Choose the one that suits you!
More info about Guarda wallet on www.guarda.co
https://holytransaction.com/images/logo.png

Integrated into HolyTransaction

What is HolyTransaction?

HolyTransaction gives users access to the crypto world with a universal cryptocurrency wallet and instant exchange.

Features

For more information, visit Holy Transaction here.
https://www.groestlcoin.org/wp-content/uploads/2018/09/next-grs-groestlcoin.jpg

Integrated into NEXT Wallet

What is NEXT?

NEXT is a modern, next-generation stylish open-source Desktop wallet.

Features

For more information, visit NextWallet here.
https://blockchainfinancial.com/mediaserve2018/09/admin-06143647-bcf_logo_vec_256x256.png

Integrated into Blockchain Financial

What is Blockchain Financial?

Blockchain Financial is a set of web based services for individuals and companies that want to make things happen with the Cryptocurrencies Ecosystem. - For those that don't know anything about cryptocurrencies, we offer tools that will let them receive, send and operate with an assortment of coins. - For those that are already riding the wave, we offer tools that will let them do all those things that they weren't able to do.

Blockchain Financials mission

We're not here to reinvent the wheel. We're here to make it run smoother for you, and we provide some of the most useful services you'll find on the internet, made in a way that is easy to understand and use on a daily basis. In short, we're a bunch of people that claim to be Crypto Evangelists. We strongly believe in cryptocurrencies, and our main promise is to push them up so more people get involved and take all the advantages they offer.

More information from Blockchain Financial

Back in 2014, the world was taken by storm when Facebook approved the first cryptocurrencies tipping apps. The first was for Dogecoin, and the second was for multiple coins.
The project was hosted on whitepuma.net, and persisted for almost two years, built up a massive user community and gave a home to Bitcoin, Litecoin, Dogecoin and dozens of other bitcoin-based altcoins.
After very active months, the tipping hype started to fade away. Then, the developers decided to jump into the next stage: bringing not only tipping, but also mining and a widget that could be embedded on websites to allow everyone to accept payments. Sadly, the work was never completed because the project started to require an unsustainable amount of resources. Then, in a painful decision, a shutdown was announced by December 2015.
A couple of months after whitepuma.net was closed, the source code was released by its creator as Open Source on GitHub. But it wasn't maintained.
Now, some of the original members of the dev and admin teams gathered up with a handful of the WhitePuma's elite users, and decided to make something good with the best pieces of the old source code. That, with fresh new ideas and the power of the BardCanvas engine, synthesized the core of Blockchain Financial.
More info about Blockchain Financial wallet on .
For more information, visit [Blockchain Financial](www.blockchainfinancial.com)
https://www.huobi.com/image/logo.aeb4723.svg

Groestlcoin Listed on Huobi

Who are Huobi?

Huobi was founded in China and is now based in Singapore, with offices in Hong Kong, South Korea, Japan and the North America, currently sitting #3 in volume on Coinmarketcap. Huobi is a great leap forward for our growing presence in Asia and we are very excited to be listed here!
You can find the official Huobi announcement here.

Groestlcoin Core v2.16.3 - Please Update ASAP

A new major Groestlcoin Core version 2.16.3 is now available for download which includes both a Denial of Service component and a critical inflation vulnerability, so it is recommended to upgrade to it if you are running a full Groestlcoin node or a local Groestlcoin Core wallet.
v2.16.3 is now the official release version of Groestlcoin Core. This is a new major version release with a very important security updates. It is recommended to upgrade to this version as soon as possible. Please stop running versions of Groestlcoin Core affected by CVE-2018-17144 ASAP: These are 2.13.3 and 2.16.0.
As a result in this, all exchanges and services have been asked to upgrade to this version, so please be patient if wallets go in to maintenance mode on these services.

What's new in version v2.16.3?

This is a major release of Groestlcoin Core fixing a Denial of Service component and a critical inflation vulnerability (https://nvd.nist.gov/vuln/detail/CVE-2018-17144) exploitable by miners that has been discovered in Groestlcoin Core version 2.13.3 and 2.16.0. It is recommended to upgrade to 2.16.3 as soon as possible. If you only occasionally run Groestlcoin Core, then it's not necessary to run out and upgrade it right this second. However, you should upgrade it before you next run it. If you know anyone who is running an older version, tell them to upgrade it ASAP. Stored funds are not at risk, and never were at risk. At this time we believe over half of the Groestlcoin hashrate has upgraded to patched nodes. We are unaware of any attempts to exploit this vulnerability. However, it still remains critical that affected users upgrade and apply the latest patches to ensure no possibility of large reorganizations, mining of invalid blocks, or acceptance of invalid transactions occurs.

The Technicals

In Groestlcoin Core 2.13.3, an optimization was added (Bitcoin Core PR #9049) which avoided a costly check during initial pre-relay block validation that multiple inputs within a single transaction did not spend the same input twice which was added in 2012 (Bitcoin Core PR #443). While the UTXO-updating logic has sufficient knowledge to check that such a condition is not violated in 2.13.3 it only did so in a sanity check assertion and not with full error handling (it did, however, fully handle this case twice in prior to 2.1.0.6). Thus, in Groestlcoin Core 2.13.3, any attempts to double-spend a transaction output within a single transaction inside of a block will result in an assertion failure and a crash, as was originally reported. In Groestlcoin Core 2.16.0, as a part of a larger redesign to simplify unspent transaction output tracking and correct a resource exhaustion attack the assertion was changed subtly. Instead of asserting that the output being marked spent was previously unspent, it only asserts that it exists. Thus, in Groestlcoin Core 2.16.0, any attempts to double-spend a transaction output within a single transaction inside of a block where the output being spent was created in the same block, the same assertion failure will occur. However, if the output being double-spent was created in a previous block, an entry will still remain in the CCoin map with the DIRTY flag set and having been marked as spent, resulting in no such assertion. This could allow a miner to inflate the supply of Groestlcoin as they would be then able to claim the value being spent twice.
Groestlcoin would like to publicly thank Reddit user u/Awemany for finding CVE-2018-17144 and reporting it (https://lists.linuxfoundation.org/pipermail/bitcoin-core-dev/2018-Septembe000064.html). You deserve gratitude and appreciation from cryptoworld, and you have ours. If you want to support him for his work, please consider donating to him on his bitcoin cash address: bitcoincash:qr5yuq3q40u7mxwqz6xvamkfj8tg45wyus7fhqzug5
http://i.imgur.com/3YhyNZK.png

Groestlcoin Electrum-GRS 3.2.2 - Ledger & Trezor Edition

What is Electrum-GRS?
Electrum-GRS is a lightweight "thin client" groestlcoin wallet Windows, MacOS and Linux based on a client-server protocol. Its main advantages over the original Groestlcoin client include support for multi-signature wallets and not requiring the download of the entire block chain.

Changes:

http://i.imgur.com/3YhyNZK.png

Electrum-GRS Mobile Android

What is Electrum-GRS Mobile?

Electrum-grs is a lightweight "thin client" groestlcoin wallet Android based on a client-server protocol. Its main advantages over the original Groestlcoin client include support for multi-signature wallets and not requiring the download of the entire block chain.

Changes

Groestlcoin EasyVanity Released

Groestlcoin EasyVanity is a Windows app is built from the ground-up in C# and makes it easier than ever before to create your very own bespoke Groestlcoin address(es), even whilst not connected to the internet! You can even generate multiple keys with the same prefix and leave it on overnight whilst your CPU or GPU collects and stores these addresses locally.
If you're tired of the random, cryptic addresses generated by regular groestlcoin clients, then Groestlcoin EasyVanity is the right choice for you to create a more personalized address.

Features

• Ability to continue finding keys after first one is found • Includes warning on startup if connected to the internet • Ability to output keys to a text file (And shows button to open that directory) • Ability to make your match case sensitive (Where possible) • Show and hide the private key with a simple toggle switch, and copy the private key straight to your clipboard • Show full output of commands • Includes statistics whilst the application is running • Ability to choose between Processor (CPU) and Graphics Card (GPU) • Automatically detects 32 or 64 bit systems • Features both a Light and Dark Material Design inspired Themes • EasyVanity's search is probabilistic, and the amount of time required to find a given pattern depends on how complex the pattern is, the speed of your computer, and whether you get lucky. • EasyVanity includes components to perform address searching on your CPU (vanitygen) and your OpenCL-compatible GPU (oclvanitygen). Both can be built from source, and both are included in the Windows binary package. • Prefixes are exact strings that must appear at the beginning of the address. When searching for prefixes, Easyvanity will ensure that the prefix is possible, and will provide a difficulty estimate. • The percentage displayed just shows how probable it is that a match would be found in the session so far. If it finds your address with 5% on the display, you are extremely lucky. If it finds your address with 92% on the display, you are unlucky. If you stop EasyVanity with 90% on the display, restart it, and it finds your address with 2% on the display, your first session was unlucky, but your second session was lucky. • EasyVanity uses the OpenSSL random number generator. This is the same RNG used by groestlcoin and a good number of HTTPS servers. It is regarded as well-scrutinized. Guessing the private key of an address found by EasyVanity will be no easier than guessing a private key created by groestlcoin itself. • To speed up address generation, EasyVanity uses the RNG to choose a private key, and literally increments the private key in a loop searching for a match. As long as the starting point is not disclosed, if a match is found, the private key will not be any easier to guess than if every private key tested were taken from the RNG. EasyVanity will also reload the private key from the RNG after 10,000,000 unsuccessful searches (100M for oclvanitygen), or when a match is found and multiple patterns are being searched for. • Free software - MIT. Anyone can audit the code. • Written in C# - The code is short, and easy to review.

Groestlcoin Sentinel (Android & Blackberry) – Mainnet + Testnet

What is Sentinel?

Groestlcoin Sentinel is the easiest and fastest way to track/receive/watch payments in your offline Groestlcoin Wallets. Groestlcoin Sentinel is compatible with any standard Groestlcoin address, BIP44 XPUB (Extended Public Key) BIP49 YPUB and BIP84 ZPUB
Groestlcoin Sentinel is a great solution for anyone who wants the convenience and utility of a hot wallet for receiving payments directly into their cold storage (or hardware wallets). Sentinel accepts XPUB's, YPUB'S, ZPUB's and individual Groestlcoin address. Once added you will be able to view balances, view transactions, and (in the case of XPUB's, YPUB's and ZPUB's) deterministically generate addresses for that particular wallet.

What's New?

The P2SH paperwallet supports creating P2SH paperwallets in bulk, keypair generation with QR codes and sweeping tool. Groestlcoin believes strongly in privacy, the live version does not collect and store IP or transaction data.
Changes
Features
The BECH32 paperwallet supports creating BECH32 paperwallets in bulk, keypair generation with QR codes and sweeping tool. Groestlcoin believes strongly in privacy, the live version does not collect and store IP or transaction data.
Features
![WebWallet](https://i.imgur.com/Z2oj7bj.png)

Groestlcoin Web Wallet Update 1.4

What is Groestlcoin Web Wallet?
Groestlcoin Webwallet is an open source, multisignature, HD Wallet and more! Webwallet is a a open source browser based Groestlcoin webwallet.
Webwallet is a playground for Groestlcoin in javascript to experiment with. It supports multisig, OP_HODL, RBF and many more. Groestlcoin believes strongly in privacy, the live version does not collect and store IP or transaction data.
Changes:
submitted by Yokomoko_Saleen to groestlcoin [link] [comments]

General info and list of exchanges for Karatgold Coin (KBC)

* Brand
ROADMAP DETAILS OUR TEAM BLOG 
THE KARATGOLD COIN (KBC)
is a blockchain-based cryptocurrency
specifically designed to be used as a generally accepted electronic payment means for all who consider gold as a traditional, true, secure and value-stable medium.
READ OUR AUDITWHITEPAPER KARATGOLD KARATGOLD Karatgold Coin (KBC) ICO rating Karatgold Coin (KBC) ICO rating KARATGOLD IS LISTED ON
KARATGOLD IS LISTED ON
Already has a WORKING PRODUCT
120 Countries
500,000 Customers
120 MLN EUR Total Investment
The desire of gold is not for gold It is for the means of freedom and benefit
Ralph Waldo Emerson AS SEEN ON...
AS SEEN ON... DEVELOPMENT PLAN
DEVELOPMENT PLAN
August 2018
With our in-house wallet, you can use the gold-covered payment system as easily as the other benefits, such as the transfer of real gold without banks or other intermediaries.
September 2018
Preparations for our own crypto exchange are in full swing. With our in-house Exchange, you can take advantage of all the benefits you expect from an advanced crypto exchange, adding the important factor of exceptional geographic and cultural closeness. Here you and your wishes are understood very well.
October 2018
Use the benefits of KBC and other KaratCoin banking services whenever you want, wherever you want: With our own app, this is easily possible. This app is available for iOS and Android.
Through 2018
Listing of Coin on further major exchanges. Number of acceptance partners increase to 20. Market capitalization: USD 80 million
Until 2020
2% market penetration. Market capitalization: USD 500 million THE PROBLEM
THE PROBLEM
In former times, gold was a direct payments means, particularly in the form of gold coins.
However, Gold has continuously been replaced by bank notes, which nowadays are not, or only to a marginal percentage, backed by state-owned gold. Therefore, the value of the bank notes issued by the different countries rely on the trust that the respective country is able to pay its bills. Only this is less sure than in former times. Especially in less developed countries, the trustworthiness of legal tender moves towards zero. THE SOLUTION
THE SOLUTION
The Coin perfectly meets worldwide needs because it is based on gold. Each coin represents a certain weight of gold and can at all times be exchanged into physical gold in the form of CashGold.
Furthermore, it can be exchanged for all fiat currencies and cryptocurrencies worldwide.
Exchangeable
Borderless
Value-Stable
Based on Gold
The Coin is cryptonized gold that can be transferred borderlessly, cost efficiently, securely and in real-time.
Its value is predictable because the value of gold has a long tradition and everybody has an idea about its stability. Therefore, the Coin has the ability to become generally accepted worldwide. DETAILS ABOUT KARATBARS
DETAILS ABOUT KARATBARS
The international distribution partner
Currently, more than 500,000 customers from more than 120 countries have already bought smallest gold bars from Karatbars GmbH, Stuttgart, Germany.
The total investment of these customers amounts to nearly EUR 120 million. It is therefore obvious that with this customer basis, the Coin will achieve a high market capitalization: it will write a success story.
It is designed to be used as a generally accepted electronic payment
For all who consider gold as a traditional, true, secure and value-stable medium
Each coin represents a certain weight of gold
Can at all times be exchanged into physical gold in the form of CashGold
Can be exchanged for all fiat currencies and cryptocurrencies worldwide
BANK INDEPENDENCE
COST EFFICIENT
PREDICTABLE VALUE
CRISIS-PROOF
VISION
To become a general accepted payment means by consumers as well as merchants and servicers
MISSION
To provide a payment system that is safe, private, and easy to use for the purchase of goods and services
EXECUTION
More than 500,000 customers from more than 120 countries. Investment amounts to nearly EUR 120 million EXCHANGES WE ARE CONTACTING
EXCHANGES WE ARE CONTACTING BUY OUR PRODUCTS
BUY OUR PRODUCTS
Bronze Card
Silber Card
Gold Card
VIP Card DETAILS ABOUT THE COIN
DETAILS ABOUT THE COIN
The «Coin» is based on the Ethereum blockchain protocol
Therefore, it is safe, cost-efficient and fast. Furthermore, it allows to use smart contracts within its protocol. Token name Karatgold Coin Ticker Symbol KBC Currency Symbol Current Price 1 KBC for USD 1.32$See Audit Maximum KBC produced 12 Billion (technical limit) Maximum KBC for sale 7.2 billion Fundraising Goal $ 72 million Minimum Purchase 1,000 Coins Payment methods Bitcoin, ETH and Karatpay payments
ICO WHITEPAPER WHITEPAPER AUDIT VALUATION SMART CONTRACT
SMART CONTRACT VIEW ON GITHUB SMART CONTRACT AUDIT THE ADVANTAGES OF THE KARATGOLD COIN
THE ADVANTAGES OF THE KARATGOLD COIN
Borderless: Exchangeable into CashGold at any time Fast: Facilitation of real-time payments anywhere and anytime Free and borderless transferable Immediate large number of points of acceptance Low fees payable by merchants for the use of the Coin and the Ecosystem 
WHY A GROWING DEMAND FOR COIN?
WHY A GROWING DEMAND FOR COIN?
The value of the Coin is expected to strongly increase. The market capitalization of the Coin will reflect the billion Euro business that will rely on gold and the gold price based on the CashGold.
The global acceptance and recognition of gold as a safe and secure harbor will make the Coin and the CashGold one of the leading payment means worldwide. Therefore, holders of Coin will not only enjoy protection against inflation and vague governments and economies, but also have the opportunity to participate in the value increase which will be achieved in the future. Such value increase can be realized by everybody through the sale of the Coin, or through the purchase of goods and services.
The Coins will be available on major cryptocurrency exchange platforms such as Poloniex, Bithumb, Bitfinex, Bittrex, etc. The coins will be permitted to float and be traded p2p. The price of the Coin will be determined by market forces and cryptocurrency exchange mechanisms, as well as by the global gold prices. The value of the Coin will reflect the degree of penetration of the worldwide payment systems and, to a substantial extent, the price development of pure gold. The more Coin will be used – thus driving customer adoption – the greater the demand for the Coin will be. The popularity of the Coin and the Ecosystems will most probably grow very fast. Buy Tokens now SAFE. SECURE. CASHGOLD.
SAFE. SECURE. CASHGOLD.
Gold, in the form of gold coins and gold bullions, has served as international payment means as well as solid investments for more than 4,000 years. Although legal currencies presently are not backed by gold, gold reserves still serve many central banks in the world as a currency reserve.
Private and institutional investors invest in gold. In times of economic crises, gold is deemed to be a stable investment with the potential to a value increase in comparison to other investments.
The intrinsic value of gold is caused by its relative rarity as well as by the high cost of mining. This may also be the reason why investments in gold, unlike e.g. investments in interest-bearing securities, do not have default risk.
However, gold coins are not used for payment anymore, and it is not feasible or practical to hold and pay with gold in the traditional form.
The new alternative is the CashGold. It is reliable, globally available, secure, practical in use, and compatible with other payment means.
The idea behind CashGold is to implement small gold bars on a specific paper which partially looks like a bank note. However, instead of mentioning a specific currency amount, the weight of the implemented gold bar is displayed. ABOUT THE VISIONAIR
ABOUT THE VISIONAIR
Harald Seiz was born in 1963 in Calw near Stuttgart, Germany and has been successfully working as a financial consultant since 1982. In 2011 he founded the Karatbars International GmbH in Stuttgart, of which he is the managing director. Since then he has consistently and successfully internationalized the business.
In 2016, he was awarded the Senatorial Degree by the Federal. Association for Economic Development and Foreign Trade (BWA).
He is also the author of the successful book 'The Future of Money', published in 2017 and available everywhere.
In his book he outlines the history of money and the methods of payment; describes what factors are dependent on trust in money and hard cash; how these factors influence the economic and monetary policy frameworks, where the risks of the past and present payment methods and systems lie. He also introduces a few (for some of us possibly exotic) methods of payment and tries to answer the question of what would happen in the case of an IT blackout or cyber-attack – and how we would be able to get by and pay for the essentials – for example, in the form of gold and crypto currencies. The book's jacket text: Never before in times of peace has the subject of money evoked the uncertainty it does today. Although, we live in affluence here in Germany, many people begin to ask themselves whether the value of our money is dwindling away. Cash seems permanently under attack as the media bombards us with theories on the 'End of Cash'.
Concerns about the future of money are not without basis: in many countries, massive restrictions on the use of cash have now become a reality, with India at the forefront. Overnight, 86 percent of their rupee reserves were removed from circulation and declared worthless - is cash in the euro zone next?
What is the future of money - a means of exchange, anonymous payment or an opportunity to hoard wealth? How will we pay in the future? What forms will digitization open up to us? And what forms could be forced on us by the state or circumstances, such as a crisis or catastrophe? Are you prepared if ATMs or online banking no longer function?
Publisher: FinanzBuch Verlag (2017) ISBN-10: 3959720823 ISBN-13: 978-3959720823 THE MANAGEMENT TEAM
THE MANAGEMENT TEAM
Thomas Valet
Head of Marketing & Sales European Financial Consultant 
Andreas Zipperle
Chief Operating Officer German Economic Council 
THE ADVISORY TEAM
THE ADVISORY TEAM
MyICOAgency
Leading TOKEN SALE Consulting Agency founded by professionals with backgrounds in blockchain, investing, PR, and marketing. myicoagency.de 
CPI Technologies GmbH
CPI Technologies GmbH is a leading software company for high scalable finance software solutions and blockchain infrastructure. cpitech.io 
Harald Plewka
Legal Advisor 
Jeannette Franz
Head of Support & Communications at Karatbars International GmbH 
Nina Rezec
Managing Director Karatbars International Dubai 
Ronald Stephan
Head of Public Relations 
Susanna Epli
Project Management Consultant Sales Management Consultant 
Ute Sailer
Senior Sales Coordinator Photovoltaic and Real Estate, InnPro GmbH 
Uwe Heller
Founder & COO InnPro GmbH Renewable Energies 
Andreas Houf
Master Consultant in Finance 
Dirc Zahlmann
Director of International Operations 
HONG KONG HEADQUARTER
HONG KONG HEADQUARTER
Wilson Cheung
Managing Director Hongkong Headquarter 
Heidi Cheung
Marketing Executive Nick Wang Technology Limited 
Register as an Affiliate RegisterLogin
FOLLOW OR CONTACT US FOR LATEST UPDATES Buy Tokens now
AGB | Imprint | Disclaimer
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submitted by bitrueexchange to KaratgoldCoin [link] [comments]

Subreddit Stats: Vechain top posts from 2017-10-03 to 2018-06-07 13:04 PDT

Period: 246.88 days
Submissions Comments
Total 1000 57786
Rate (per day) 4.05 234.57
Unique Redditors 494 7401
Combined Score 168399 303270

Top Submitters' Top Submissions

  1. 19060 points, 61 submissions: noah_vechain
    1. VeChain passes the first ever Cryptocurrency Disaster Recovery Plan from PwC (1145 points, 132 comments)
    2. VeChain Signs A Partnership Agreement With Yida Group’s IT Management division, Yida Future (853 points, 174 comments)
    3. VeChain partners with Australian based 188 Business Alliance Association (792 points, 119 comments)
    4. VeChain’s First Official Public Infrastructural Decentralized Application — VeVID (695 points, 121 comments)
    5. VeChain partners with iTaotaoke to bring intellectual property protection to content creators. (613 points, 121 comments)
    6. VeChain Signs a Partnership with Bright Foods and its IT/Tech subsidiary Shanghai Xiandao Food to integrate blockchain technology into Bright Foods (Group) Co.'s internal management systems (605 points, 170 comments)
    7. VeChain pledges 50M VET to create the X Series Node Program (571 points, 561 comments)
    8. VeChain adding publication industry capability and partners with Hubei Sanxin Cultural Media Ltd. (503 points, 60 comments)
    9. An open letter from Sunny Lu (CEO) on VeChainThor Platform (488 points, 126 comments)
    10. Introducing the VeChain Multi-Party Payment Protocol (477 points, 184 comments)
  2. 5499 points, 22 submissions: GreatWhiteSharkCIA
    1. VeChain Reddit Community hits 20,000 Redditors - Thank you all for your continued support! (662 points, 55 comments)
    2. The Mathematical Institute at Oxford University has officially joined the VeResearch program (592 points, 91 comments)
    3. As a community, we grow stronger - 40,000 and counting. Thank you for being a part of something special and for all your support! (542 points, 43 comments)
    4. 15,000 Redditors and counting, thank you all for your support! (399 points, 32 comments)
    5. Congratulations Reddit - 45,000 Redditors subscribed to /VeChain (387 points, 28 comments)
    6. @BitOcean_JP, one of the first cryptocurrency ATM solutions licensed by Japan's FSA, teams up with #VeChain. We are honored to continue building the world’s first ATM powered fiat payment application ecosystem on the blockchain alongside BitOcean. (274 points, 45 comments)
    7. DNV GL and VeChain Facebook Live Q&A - 24th Jan (259 points, 65 comments)
    8. VeChain is the fastest growing community on Coinmunity! (227 points, 23 comments)
    9. If two's company, three's a crowd... what does 30,000 Redditors make? Our community grows stronger (221 points, 10 comments)
    10. In just 5 days we've welcomed another 5,000 Redditors - 25,000 members reached! (217 points, 17 comments)
  3. 3180 points, 13 submissions: ForTheLoveOfHumanity
    1. VeChain will partner with Fanghuwang, one of the fastest growing online lending platforms in China with $3.3bn AUM. With this partnership, VeChain Thor solves major problems within one of the largest global industries. (1348 points, 288 comments)
    2. The 1st place winner of the VeChain Video Contest is "VeChain: An Introduction" made by Towelkeeper! Perfect story line, great animation, comprehensive and accurate information delivered. Congrats! (461 points, 37 comments)
    3. VeChain To Work with National Level Government Body State Tobacco Monopoly Administration and China Central Government owned China National Tobacco Corporation, via exclusive partnership with National Research Consulting Center. (331 points, 78 comments)
    4. After having a great event in Seoul, we are happy to announce that VeChain is listed on @Bithumb. The trading of VET has already begun on Bithumb Pro, with Bithumb soon to follow! Be sure tune in for more to come. #GoVeChain [Tweet] (185 points, 22 comments)
    5. We see eye to eye with our investor, @TimDraper, regarding the future of cryptocurrencies and use of blockchain solutions. [Tweet] (149 points, 21 comments)
    6. Finally find some time after 19 hours flight. I am taking two hours vocation and can’t wait for meeting with some big guy in Cyprus tomorrow morning. #GoVeChain [Tweet] (138 points, 25 comments)
    7. VeChain’s COO, Kevin Feng, has been invited to speak at Blockchain Night Live on March 31st. Kevin's speech will be live-streamed and begins at 20:30 UTC+9. (125 points, 9 comments)
    8. "Metcalfe’s Law states that the value of a network is the square of the number of users. That means as more people join a network, the network becomes more valuable. So will be VeChainThor." -Sunny Lu, Co-Founder & CEO [Tweet] (97 points, 42 comments)
    9. The 4th place winner of the VeChain Video Contest is "VeChain For Kids" made by @DIYwithRick! Great idea and well structured, congratulations! (81 points, 3 comments)
    10. Tidex Exchange has added VeChain (VEN)/ BTC & (VEN)/ ETH pairings. (79 points, 29 comments)
  4. 2959 points, 14 submissions: CryptopherWalken
    1. The cryptocurrency ban is over. Please be mature, responsible and judicious. (581 points, 54 comments)
    2. NYC Meetup - Full Summary! (441 points, 71 comments)
    3. NYC Meetup Update (244 points, 167 comments)
    4. Phil Hellmuth on Twitter: "Flying into Vegas for the day to chill w VEN (VEChain) CEO and Founder @SunshineLu24 and DBet CEO and Founder @JedidiahTaylor, flying out at 9:30 PM" (229 points, 76 comments)
    5. Crypto_Ed_NL on Twitter: "I have a good feeling about a new prediction..... If $VEN gets all done what they are planning, I expect them to surpass ETH within a year from now." (215 points, 199 comments)
    6. Sarah, VeChain Singapore Manager: "T- 1 day! Extremely excited @vechainofficial is one of 30 startups selected for the LVMH innovation award #GoVeChain #VeChainThor #LVMHTech #FutureofLuxury #Blockchain #VivaTech" (173 points, 52 comments)
    7. Binance had to move 13 million VEN tokens out of cold storage into its hot wallet to deal with the withdrawals for X Nodes (164 points, 51 comments)
    8. VeChain: Coca Cola Kid's last two messages: what they mean (my interpretation - long post). (157 points, 45 comments)
    9. Kevin Feng, CFO VeChain: "The past rebranding event was packed with information about our plan. Here is more details about the announced Oxford program. Expect more to come." (149 points, 11 comments)
    10. Hacken on Medium: VeChain Launches Bug Bounty Program on HackenProof (144 points, 4 comments)
  5. 2578 points, 16 submissions: Deaf_null
    1. Binance needs to lower VEN transaction fees, let’s act as a community. What can we do? (383 points, 53 comments)
    2. Vechain ready to rock crypto-market with rebrand (330 points, 53 comments)
    3. 3 Reasons why to buy Vechain in 2018 (243 points, 42 comments)
    4. Vechain has a bright future ahead. (238 points, 60 comments)
    5. VeChain, QTUM, HPB and Metaverse partner with CPChain to revolutionise IoT in China (188 points, 36 comments)
    6. Vechain Bullrun vid. (172 points, 48 comments)
    7. Best alternatives to Bitcoin? Vechain #4 (161 points, 26 comments)
    8. BREYER Bullish on VEN (151 points, 4 comments)
    9. CHINESE OFFICIAL: NEW REGULATIONS FOR 2018 MAY END ICO BAN? (127 points, 26 comments)
    10. Vechain’s Blockchain-as-a-service seeks to stop product counterfeiters (123 points, 7 comments)
  6. 2312 points, 9 submissions: patek_
    1. We are Trending on the Frontpage - Dont forget to upvote! VeChain’s Latest Partnership (566 points, 32 comments)
    2. Chinese Goverment Bullish News on Crypto - Expect a Boost for China Coins (358 points, 70 comments)
    3. Why I believe Vechain could reach $100 in 2018. (309 points, 248 comments)
    4. Breyer Capital and Vechain (290 points, 45 comments)
    5. Reminder: Jim Breyer VeChain Advisor (262 points, 45 comments)
    6. VeChain Thor Positioning To Become The #1 Enterprise dApp Platform, And Here’s Why - A Systems Analyst’s Perspective (173 points, 5 comments)
    7. “VeChain - The Future of Blockchain in China” (149 points, 29 comments)
    8. VeChain Rebranding Coming Soon! (127 points, 36 comments)
    9. Its Antshares all over again! (78 points, 65 comments)
  7. 2157 points, 13 submissions: enozym111
    1. Some thoughts and my prediction for EOY 2018 (431 points, 81 comments)
    2. Notes from Harvard meetup today with Sunny Lu (348 points, 103 comments)
    3. 51.9% circulating supply are de facto locked up. Approx.7707 wallets will be granted X Node status, estimated 162M VET are being locked up by Authority and X Nodes (219 points, 141 comments)
    4. 30 page PwC + VeChain survey released (187 points, 19 comments)
    5. Sunny himself is buying from the open market (185 points, 30 comments)
    6. Vast majority (98.234%) of VeChain is held in Nodes, major long-term bullish signal (162 points, 72 comments)
    7. Direction VeChain could be heading in the next 5 years: Huge market (138 points, 48 comments)
    8. An effort to curb voter manipulation and improve community image on other subreddits (106 points, 59 comments)
    9. 16hrs ago some big movement with VeChain wallets (94 points, 15 comments)
    10. Guiyang to be hub for fast-growing big data industry (82 points, 4 comments)
  8. 2001 points, 9 submissions: xSeventhwavex
    1. Media giant Al Jazeera talks blockchain with VeChain CEO Sunny Lu on the future beyond Bitcoin, and how blockchain will change the way we all do business. (648 points, 34 comments)
    2. Latest film contest entry from u/towelkeeper (373 points, 71 comments)
    3. TRTWorld published an interview with Sunny Lu from London Blockchain week. Video of the interview to be broadcast to over 190 countries. Massive! (296 points, 46 comments)
    4. VeChain Luxury Goods Management Solution (185 points, 20 comments)
    5. [Video] CEO of VeChain Sunny Lu and CEO Business Assurance for DNV GL Luca Crisciotti talk about the two companie's partnership. (138 points, 7 comments)
    6. Sunny Lu on how can blockchain technology be of value to the food supply chain and other industries. (129 points, 8 comments)
    7. Latest film contest entry from u/antronoid (90 points, 23 comments)
    8. DNV GL live tweeting digital transformation in the food chain. Video coming soon. (77 points, 16 comments)
    9. VeChain Country Manager Sarah Lim speaking at APAC Blockchain conference March 13 - 15 2018. (65 points, 5 comments)
  9. 1954 points, 18 submissions: Jtrades26
    1. Incase you arent realizing the impact... (262 points, 93 comments)
    2. China approves the use of blockchain in government & industry (182 points, 20 comments)
    3. Vechain digital asset exchange! (139 points, 59 comments)
    4. Wish Sunny Lu & their team the best for the event and to their future! (137 points, 5 comments)
    5. Direct quote from Sunny Lu (128 points, 20 comments)
    6. LVMH inaugurates - Vechain IS on the list! (128 points, 16 comments)
    7. Vechain.org - are they just not aware of the major problems with its functionality / viewability? (123 points, 53 comments)
    8. Video of Vechain COO. Kevin Feng, speaking at ‘Crypto Media Collection Vo.1’ at Coinjinja in Tokyo (118 points, 24 comments)
    9. Vechain - much more than a supply chain solution.... (101 points, 22 comments)
    10. Vechain article (100 points, 4 comments)
  10. 1841 points, 7 submissions: B5SF
    1. VeChain Twitter: It's a great honor to meet Alexander De Croo, Deputy Prime Minister of Belgium [...] (507 points, 101 comments)
    2. DNV GL partners with blockchain expert VeChain to increase transparency from the factory to the consumer (468 points, 114 comments)
    3. Introducing VeChain’s CTO Gu Jianliang to the Community (395 points, 66 comments)
    4. China orders banks to stop financing cryptocurrencies & plans his own digital currency (144 points, 225 comments)
    5. At 8:00 on January 4, 2018, the founder of Vechain, Lu Yang, will make a breakthrough in technological transformation at the live-streaming "China-US Blockchain Broadcasting Group" (134 points, 73 comments)
    6. Sunny Lu: Ladies and gentlemen, welcome onboard to VeChain Airline. Please fasten your seat belt and we are about to take off soon. (122 points, 60 comments)
    7. [Analysis] VeChain Announcement / News Time (71 points, 24 comments)

Top Commenters

  1. lol_and_behold (4713 points, 589 comments)
  2. Lurks_no_longer (3349 points, 257 comments)
  3. Bacon_Hero (2753 points, 470 comments)
  4. hawktopuss (2480 points, 189 comments)
  5. idk_wtf_im_hodling (2462 points, 450 comments)
  6. rookert42 (2318 points, 300 comments)
  7. hungryforitalianfood (1877 points, 412 comments)
  8. alladvantageceo (1748 points, 347 comments)
  9. perogies (1693 points, 143 comments)
  10. PoliticalShrapnel (1658 points, 315 comments)

Top Submissions

  1. VeChain will partner with Fanghuwang, one of the fastest growing online lending platforms in China with $3.3bn AUM. With this partnership, VeChain Thor solves major problems within one of the largest global industries. by ForTheLoveOfHumanity (1348 points, 288 comments)
  2. VeChain announced working with BMW by suf0x (1290 points, 297 comments)
  3. VeChain passes the first ever Cryptocurrency Disaster Recovery Plan from PwC by noah_vechain (1145 points, 132 comments)
  4. Sunny Lu came into the VeChain telegram chat to address the FUD rumours about the tokenomics (in-house suppression, dumping, etc.) by Anonymous-Kid-Cookie (1085 points, 186 comments)
  5. VeChain mods removed a legitimate criticism to VeChain. It cant always be happy rainbows and sunshine. We need to hear and discuss all the sides. Here is the text that was removed by them. by CoinStarX (1078 points, 129 comments)
  6. Vechain Partners with Tobacco by Castomere (997 points, 280 comments)
  7. VeChain Signs A Partnership Agreement With Yida Group’s IT Management division, Yida Future by noah_vechain (853 points, 174 comments)
  8. VeChain partners with Australian based 188 Business Alliance Association by noah_vechain (792 points, 119 comments)
  9. VeChain introduces VeResearch, a global innovation research grant program formed by research professionals to integrate blockchain into new and emerging technologies by Moussa93 (773 points, 144 comments)
  10. VeChain Partners With InfoCorp’s Sentenel Chain To Provide Cross-Chain Interoperability To Help The World’s Less Privileged by MatrixApp (748 points, 155 comments)

Top Comments

  1. 302 points: Crypto078's comment in A message from Sunny Lu: STOP ASKING VECHAIN PARTNERS FOR MORE INFO
  2. 275 points: hawktopuss's comment in VeChain mods removed a legitimate criticism to VeChain. It cant always be happy rainbows and sunshine. We need to hear and discuss all the sides. Here is the text that was removed by them.
  3. 245 points: Lurks_no_longer's comment in cryptocurrency mods have banned Vechain posts for a month
  4. 235 points: KMcCaig's comment in Sunny Lu came into the VeChain telegram chat to address the FUD rumours about the tokenomics (in-house suppression, dumping, etc.)
  5. 227 points: LactatingJello's comment in Why I refuse to invest in VeChain (and why you should consider doing the same)
  6. 226 points: dotbomb_jeff's comment in VECHAIN can't say this, so I will...(X Node RANT)
  7. 224 points: ForTheLoveOfHumanity's comment in New Coca Cola Kid post
  8. 206 points: icculus2001's comment in What are your concerns?
  9. 198 points: catdeuce's comment in There's only one survivor of this year's cryptocurrency slaughter: VeChain
  10. 194 points: m_sk_o_my_d_dik's comment in Sunny Lu came into the VeChain telegram chat to address the FUD rumours about the tokenomics (in-house suppression, dumping, etc.)
Generated with BBoe's Subreddit Stats
submitted by subreddit_stats to subreddit_stats [link] [comments]

Vechain Top stats

Period: 246.88 days
Submissions Comments
Total 1000 57786
Rate (per day) 4.05 234.57
Unique Redditors 494 7401
Combined Score 168399 303270

Top Submitters' Top Submissions

  1. 19060 points, 61 submissions: noah_vechain
    1. VeChain passes the first ever Cryptocurrency Disaster Recovery Plan from PwC (1145 points, 132 comments)
    2. VeChain Signs A Partnership Agreement With Yida Group’s IT Management division, Yida Future (853 points, 174 comments)
    3. VeChain partners with Australian based 188 Business Alliance Association (792 points, 119 comments)
    4. VeChain’s First Official Public Infrastructural Decentralized Application — VeVID (695 points, 121 comments)
    5. VeChain partners with iTaotaoke to bring intellectual property protection to content creators. (613 points, 121 comments)
    6. VeChain Signs a Partnership with Bright Foods and its IT/Tech subsidiary Shanghai Xiandao Food to integrate blockchain technology into Bright Foods (Group) Co.'s internal management systems (605 points, 170 comments)
    7. VeChain pledges 50M VET to create the X Series Node Program (571 points, 561 comments)
    8. VeChain adding publication industry capability and partners with Hubei Sanxin Cultural Media Ltd. (503 points, 60 comments)
    9. An open letter from Sunny Lu (CEO) on VeChainThor Platform (488 points, 126 comments)
    10. Introducing the VeChain Multi-Party Payment Protocol (477 points, 184 comments)
  2. 5499 points, 22 submissions: GreatWhiteSharkCIA
    1. VeChain Reddit Community hits 20,000 Redditors - Thank you all for your continued support! (662 points, 55 comments)
    2. The Mathematical Institute at Oxford University has officially joined the VeResearch program (592 points, 91 comments)
    3. As a community, we grow stronger - 40,000 and counting. Thank you for being a part of something special and for all your support! (542 points, 43 comments)
    4. 15,000 Redditors and counting, thank you all for your support! (399 points, 32 comments)
    5. Congratulations Reddit - 45,000 Redditors subscribed to /VeChain (387 points, 28 comments)
    6. @BitOcean_JP, one of the first cryptocurrency ATM solutions licensed by Japan's FSA, teams up with #VeChain. We are honored to continue building the world’s first ATM powered fiat payment application ecosystem on the blockchain alongside BitOcean. (274 points, 45 comments)
    7. DNV GL and VeChain Facebook Live Q&A - 24th Jan (259 points, 65 comments)
    8. VeChain is the fastest growing community on Coinmunity! (227 points, 23 comments)
    9. If two's company, three's a crowd... what does 30,000 Redditors make? Our community grows stronger (221 points, 10 comments)
    10. In just 5 days we've welcomed another 5,000 Redditors - 25,000 members reached! (217 points, 17 comments)
  3. 3180 points, 13 submissions: ForTheLoveOfHumanity
    1. VeChain will partner with Fanghuwang, one of the fastest growing online lending platforms in China with $3.3bn AUM. With this partnership, VeChain Thor solves major problems within one of the largest global industries. (1348 points, 288 comments)
    2. The 1st place winner of the VeChain Video Contest is "VeChain: An Introduction" made by Towelkeeper! Perfect story line, great animation, comprehensive and accurate information delivered. Congrats! (461 points, 37 comments)
    3. VeChain To Work with National Level Government Body State Tobacco Monopoly Administration and China Central Government owned China National Tobacco Corporation, via exclusive partnership with National Research Consulting Center. (331 points, 78 comments)
    4. After having a great event in Seoul, we are happy to announce that VeChain is listed on @Bithumb. The trading of VET has already begun on Bithumb Pro, with Bithumb soon to follow! Be sure tune in for more to come. #GoVeChain [Tweet] (185 points, 22 comments)
    5. We see eye to eye with our investor, @TimDraper, regarding the future of cryptocurrencies and use of blockchain solutions. [Tweet] (149 points, 21 comments)
    6. Finally find some time after 19 hours flight. I am taking two hours vocation and can’t wait for meeting with some big guy in Cyprus tomorrow morning. #GoVeChain [Tweet] (138 points, 25 comments)
    7. VeChain’s COO, Kevin Feng, has been invited to speak at Blockchain Night Live on March 31st. Kevin's speech will be live-streamed and begins at 20:30 UTC+9. (125 points, 9 comments)
    8. "Metcalfe’s Law states that the value of a network is the square of the number of users. That means as more people join a network, the network becomes more valuable. So will be VeChainThor." -Sunny Lu, Co-Founder & CEO [Tweet] (97 points, 42 comments)
    9. The 4th place winner of the VeChain Video Contest is "VeChain For Kids" made by @DIYwithRick! Great idea and well structured, congratulations! (81 points, 3 comments)
    10. Tidex Exchange has added VeChain (VEN)/ BTC & (VEN)/ ETH pairings. (79 points, 29 comments)
  4. 2959 points, 14 submissions: CryptopherWalken
    1. The cryptocurrency ban is over. Please be mature, responsible and judicious. (581 points, 54 comments)
    2. NYC Meetup - Full Summary! (441 points, 71 comments)
    3. NYC Meetup Update (244 points, 167 comments)
    4. Phil Hellmuth on Twitter: "Flying into Vegas for the day to chill w VEN (VEChain) CEO and Founder @SunshineLu24 and DBet CEO and Founder @JedidiahTaylor, flying out at 9:30 PM" (229 points, 76 comments)
    5. Crypto_Ed_NL on Twitter: "I have a good feeling about a new prediction..... If $VEN gets all done what they are planning, I expect them to surpass ETH within a year from now." (215 points, 199 comments)
    6. Sarah, VeChain Singapore Manager: "T- 1 day! Extremely excited @vechainofficial is one of 30 startups selected for the LVMH innovation award #GoVeChain #VeChainThor #LVMHTech #FutureofLuxury #Blockchain #VivaTech" (173 points, 52 comments)
    7. Binance had to move 13 million VEN tokens out of cold storage into its hot wallet to deal with the withdrawals for X Nodes (164 points, 51 comments)
    8. VeChain: Coca Cola Kid's last two messages: what they mean (my interpretation - long post). (157 points, 45 comments)
    9. Kevin Feng, CFO VeChain: "The past rebranding event was packed with information about our plan. Here is more details about the announced Oxford program. Expect more to come." (149 points, 11 comments)
    10. Hacken on Medium: VeChain Launches Bug Bounty Program on HackenProof (144 points, 4 comments)
  5. 2578 points, 16 submissions: Deaf_null
    1. Binance needs to lower VEN transaction fees, let’s act as a community. What can we do? (383 points, 53 comments)
    2. Vechain ready to rock crypto-market with rebrand (330 points, 53 comments)
    3. 3 Reasons why to buy Vechain in 2018 (243 points, 42 comments)
    4. Vechain has a bright future ahead. (238 points, 60 comments)
    5. VeChain, QTUM, HPB and Metaverse partner with CPChain to revolutionise IoT in China (188 points, 36 comments)
    6. Vechain Bullrun vid. (172 points, 48 comments)
    7. Best alternatives to Bitcoin? Vechain #4 (161 points, 26 comments)
    8. BREYER Bullish on VEN (151 points, 4 comments)
    9. CHINESE OFFICIAL: NEW REGULATIONS FOR 2018 MAY END ICO BAN? (127 points, 26 comments)
    10. Vechain’s Blockchain-as-a-service seeks to stop product counterfeiters (123 points, 7 comments)
  6. 2312 points, 9 submissions: patek_
    1. We are Trending on the Frontpage - Dont forget to upvote! VeChain’s Latest Partnership (566 points, 32 comments)
    2. Chinese Goverment Bullish News on Crypto - Expect a Boost for China Coins (358 points, 70 comments)
    3. Why I believe Vechain could reach $100 in 2018. (309 points, 248 comments)
    4. Breyer Capital and Vechain (290 points, 45 comments)
    5. Reminder: Jim Breyer VeChain Advisor (262 points, 45 comments)
    6. VeChain Thor Positioning To Become The #1 Enterprise dApp Platform, And Here’s Why - A Systems Analyst’s Perspective (173 points, 5 comments)
    7. “VeChain - The Future of Blockchain in China” (149 points, 29 comments)
    8. VeChain Rebranding Coming Soon! (127 points, 36 comments)
    9. Its Antshares all over again! (78 points, 65 comments)
  7. 2157 points, 13 submissions: enozym111
    1. Some thoughts and my prediction for EOY 2018 (431 points, 81 comments)
    2. Notes from Harvard meetup today with Sunny Lu (348 points, 103 comments)
    3. 51.9% circulating supply are de facto locked up. Approx.7707 wallets will be granted X Node status, estimated 162M VET are being locked up by Authority and X Nodes (219 points, 141 comments)
    4. 30 page PwC + VeChain survey released (187 points, 19 comments)
    5. Sunny himself is buying from the open market (185 points, 30 comments)
    6. Vast majority (98.234%) of VeChain is held in Nodes, major long-term bullish signal (162 points, 72 comments)
    7. Direction VeChain could be heading in the next 5 years: Huge market (138 points, 48 comments)
    8. An effort to curb voter manipulation and improve community image on other subreddits (106 points, 59 comments)
    9. 16hrs ago some big movement with VeChain wallets (94 points, 15 comments)
    10. Guiyang to be hub for fast-growing big data industry (82 points, 4 comments)
  8. 2001 points, 9 submissions: xSeventhwavex
    1. Media giant Al Jazeera talks blockchain with VeChain CEO Sunny Lu on the future beyond Bitcoin, and how blockchain will change the way we all do business. (648 points, 34 comments)
    2. Latest film contest entry from u/towelkeeper (373 points, 71 comments)
    3. TRTWorld published an interview with Sunny Lu from London Blockchain week. Video of the interview to be broadcast to over 190 countries. Massive! (296 points, 46 comments)
    4. VeChain Luxury Goods Management Solution (185 points, 20 comments)
    5. [Video] CEO of VeChain Sunny Lu and CEO Business Assurance for DNV GL Luca Crisciotti talk about the two companie's partnership. (138 points, 7 comments)
    6. Sunny Lu on how can blockchain technology be of value to the food supply chain and other industries. (129 points, 8 comments)
    7. Latest film contest entry from u/antronoid (90 points, 23 comments)
    8. DNV GL live tweeting digital transformation in the food chain. Video coming soon. (77 points, 16 comments)
    9. VeChain Country Manager Sarah Lim speaking at APAC Blockchain conference March 13 - 15 2018. (65 points, 5 comments)
  9. 1954 points, 18 submissions: Jtrades26
    1. Incase you arent realizing the impact... (262 points, 93 comments)
    2. China approves the use of blockchain in government & industry (182 points, 20 comments)
    3. Vechain digital asset exchange! (139 points, 59 comments)
    4. Wish Sunny Lu & their team the best for the event and to their future! (137 points, 5 comments)
    5. Direct quote from Sunny Lu (128 points, 20 comments)
    6. LVMH inaugurates - Vechain IS on the list! (128 points, 16 comments)
    7. Vechain.org - are they just not aware of the major problems with its functionality / viewability? (123 points, 53 comments)
    8. Video of Vechain COO. Kevin Feng, speaking at ‘Crypto Media Collection Vo.1’ at Coinjinja in Tokyo (118 points, 24 comments)
    9. Vechain - much more than a supply chain solution.... (101 points, 22 comments)
    10. Vechain article (100 points, 4 comments)
  10. 1841 points, 7 submissions: B5SF
    1. VeChain Twitter: It's a great honor to meet Alexander De Croo, Deputy Prime Minister of Belgium [...] (507 points, 101 comments)
    2. DNV GL partners with blockchain expert VeChain to increase transparency from the factory to the consumer (468 points, 114 comments)
    3. Introducing VeChain’s CTO Gu Jianliang to the Community (395 points, 66 comments)
    4. China orders banks to stop financing cryptocurrencies & plans his own digital currency (144 points, 225 comments)
    5. At 8:00 on January 4, 2018, the founder of Vechain, Lu Yang, will make a breakthrough in technological transformation at the live-streaming "China-US Blockchain Broadcasting Group" (134 points, 73 comments)
    6. Sunny Lu: Ladies and gentlemen, welcome onboard to VeChain Airline. Please fasten your seat belt and we are about to take off soon. (122 points, 60 comments)
    7. [Analysis] VeChain Announcement / News Time (71 points, 24 comments)

Top Commenters

  1. lol_and_behold (4713 points, 589 comments)
  2. Lurks_no_longer (3349 points, 257 comments)
  3. Bacon_Hero (2753 points, 470 comments)
  4. hawktopuss (2480 points, 189 comments)
  5. idk_wtf_im_hodling (2462 points, 450 comments)
  6. rookert42 (2318 points, 300 comments)
  7. hungryforitalianfood (1877 points, 412 comments)
  8. alladvantageceo (1748 points, 347 comments)
  9. perogies (1693 points, 143 comments)
  10. PoliticalShrapnel (1658 points, 315 comments)

Top Submissions

  1. VeChain will partner with Fanghuwang, one of the fastest growing online lending platforms in China with $3.3bn AUM. With this partnership, VeChain Thor solves major problems within one of the largest global industries. by ForTheLoveOfHumanity (1348 points, 288 comments)
  2. VeChain announced working with BMW by suf0x (1290 points, 297 comments)
  3. VeChain passes the first ever Cryptocurrency Disaster Recovery Plan from PwC by noah_vechain (1145 points, 132 comments)
  4. Sunny Lu came into the VeChain telegram chat to address the FUD rumours about the tokenomics (in-house suppression, dumping, etc.) by Anonymous-Kid-Cookie (1085 points, 186 comments)
  5. VeChain mods removed a legitimate criticism to VeChain. It cant always be happy rainbows and sunshine. We need to hear and discuss all the sides. Here is the text that was removed by them. by CoinStarX (1078 points, 129 comments)
  6. Vechain Partners with Tobacco by Castomere (997 points, 280 comments)
  7. VeChain Signs A Partnership Agreement With Yida Group’s IT Management division, Yida Future by noah_vechain (853 points, 174 comments)
  8. VeChain partners with Australian based 188 Business Alliance Association by noah_vechain (792 points, 119 comments)
  9. VeChain introduces VeResearch, a global innovation research grant program formed by research professionals to integrate blockchain into new and emerging technologies by Moussa93 (773 points, 144 comments)
  10. VeChain Partners With InfoCorp’s Sentenel Chain To Provide Cross-Chain Interoperability To Help The World’s Less Privileged by MatrixApp (748 points, 155 comments)

Top Comments

  1. 302 points: Crypto078's comment in A message from Sunny Lu: STOP ASKING VECHAIN PARTNERS FOR MORE INFO
  2. 275 points: hawktopuss's comment in VeChain mods removed a legitimate criticism to VeChain. It cant always be happy rainbows and sunshine. We need to hear and discuss all the sides. Here is the text that was removed by them.
  3. 245 points: Lurks_no_longer's comment in cryptocurrency mods have banned Vechain posts for a month
  4. 235 points: KMcCaig's comment in Sunny Lu came into the VeChain telegram chat to address the FUD rumours about the tokenomics (in-house suppression, dumping, etc.)
  5. 227 points: LactatingJello's comment in Why I refuse to invest in VeChain (and why you should consider doing the same)
  6. 226 points: dotbomb_jeff's comment in VECHAIN can't say this, so I will...(X Node RANT)
  7. 224 points: ForTheLoveOfHumanity's comment in New Coca Cola Kid post
  8. 206 points: icculus2001's comment in What are your concerns?
  9. 198 points: catdeuce's comment in There's only one survivor of this year's cryptocurrency slaughter: VeChain
  10. 194 points: m_sk_o_my_d_dik's comment in Sunny Lu came into the VeChain telegram chat to address the FUD rumours about the tokenomics (in-house suppression, dumping, etc.)
Generated with BBoe's Subreddit Stats
submitted by Magmastream to chaintest [link] [comments]

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