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Proposal: The Sia Foundation

Vision Statement

A common sentiment is brewing online; a shared desire for the internet that might have been. After decades of corporate encroachment, you don't need to be a power user to realize that something has gone very wrong.
In the early days of the internet, the future was bright. In that future, when you sent an instant message, it traveled directly to the recipient. When you needed to pay a friend, you announced a transfer of value to their public key. When an app was missing a feature you wanted, you opened up the source code and implemented it. When you took a picture on your phone, it was immediately encrypted and backed up to storage that you controlled. In that future, people would laugh at the idea of having to authenticate themselves to some corporation before doing these things.
What did we get instead? Rather than a network of human-sized communities, we have a handful of enormous commons, each controlled by a faceless corporate entity. Hey user, want to send a message? You can, but we'll store a copy of it indefinitely, unencrypted, for our preference-learning algorithms to pore over; how else could we slap targeted ads on every piece of content you see? Want to pay a friend? You can—in our Monopoly money. Want a new feature? Submit a request to our Support Center and we'll totally maybe think about it. Want to backup a photo? You can—inside our walled garden, which only we (and the NSA, of course) can access. Just be careful what you share, because merely locking you out of your account and deleting all your data is far from the worst thing we could do.
You rationalize this: "MEGACORP would never do such a thing; it would be bad for business." But we all know, at some level, that this state of affairs, this inversion of power, is not merely "unfortunate" or "suboptimal" – No. It is degrading. Even if MEGACORP were purely benevolent, it is degrading that we must ask its permission to talk to our friends; that we must rely on it to safeguard our treasured memories; that our digital lives are completely beholden to those who seek only to extract value from us.
At the root of this issue is the centralization of data. MEGACORP can surveil you—because your emails and video chats flow through their servers. And MEGACORP can control you—because they hold your data hostage. But centralization is a solution to a technical problem: How can we make the user's data accessible from anywhere in the world, on any device? For a long time, no alternative solution to this problem was forthcoming.
Today, thanks to a confluence of established techniques and recent innovations, we have solved the accessibility problem without resorting to centralization. Hashing, encryption, and erasure encoding got us most of the way, but one barrier remained: incentives. How do you incentivize an anonymous stranger to store your data? Earlier protocols like BitTorrent worked around this limitation by relying on altruism, tit-for-tat requirements, or "points" – in other words, nothing you could pay your electric bill with. Finally, in 2009, a solution appeared: Bitcoin. Not long after, Sia was born.
Cryptography has unleashed the latent power of the internet by enabling interactions between mutually-distrustful parties. Sia harnesses this power to turn the cloud storage market into a proper marketplace, where buyers and sellers can transact directly, with no intermediaries, anywhere in the world. No more silos or walled gardens: your data is encrypted, so it can't be spied on, and it's stored on many servers, so no single entity can hold it hostage. Thanks to projects like Sia, the internet is being re-decentralized.
Sia began its life as a startup, which means it has always been subjected to two competing forces: the ideals of its founders, and the profit motive inherent to all businesses. Its founders have taken great pains to never compromise on the former, but this often threatened the company's financial viability. With the establishment of the Sia Foundation, this tension is resolved. The Foundation, freed of the obligation to generate profit, is a pure embodiment of the ideals from which Sia originally sprung.
The goals and responsibilities of the Foundation are numerous: to maintain core Sia protocols and consensus code; to support developers building on top of Sia and its protocols; to promote Sia and facilitate partnerships in other spheres and communities; to ensure that users can easily acquire and safely store siacoins; to develop network scalability solutions; to implement hardforks and lead the community through them; and much more. In a broader sense, its mission is to commoditize data storage, making it cheap, ubiquitous, and accessible to all, without compromising privacy or performance.
Sia is a perfect example of how we can achieve better living through cryptography. We now begin a new chapter in Sia's history. May our stewardship lead it into a bright future.
 

Overview

Today, we are proposing the creation of the Sia Foundation: a new non-profit entity that builds and supports distributed cloud storage infrastructure, with a specific focus on the Sia storage platform. What follows is an informal overview of the Sia Foundation, covering two major topics: how the Foundation will be funded, and what its funds will be used for.

Organizational Structure

The Sia Foundation will be structured as a non-profit entity incorporated in the United States, likely a 501(c)(3) organization or similar. The actions of the Foundation will be constrained by its charter, which formalizes the specific obligations and overall mission outlined in this document. The charter will be updated on an annual basis to reflect the current goals of the Sia community.
The organization will be operated by a board of directors, initially comprising Luke Champine as President and Eddie Wang as Chairman. Luke Champine will be leaving his position at Nebulous to work at the Foundation full-time, and will seek to divest his shares of Nebulous stock along with other potential conflicts of interest. Neither Luke nor Eddie personally own any siafunds or significant quantities of siacoin.

Funding

The primary source of funding for the Foundation will come from a new block subsidy. Following a hardfork, 30 KS per block will be allocated to the "Foundation Fund," continuing in perpetuity. The existing 30 KS per block miner reward is not affected. Additionally, one year's worth of block subsidies (approximately 1.57 GS) will be allocated to the Fund immediately upon activation of the hardfork.
As detailed below, the Foundation will provably burn any coins that it cannot meaningfully spend. As such, the 30 KS subsidy should be viewed as a maximum. This allows the Foundation to grow alongside Sia without requiring additional hardforks.
The Foundation will not be funded to any degree by the possession or sale of siafunds. Siafunds were originally introduced as a means of incentivizing growth, and we still believe in their effectiveness: a siafund holder wants to increase the amount of storage on Sia as much as possible. While the Foundation obviously wants Sia to succeed, its driving force should be its charter. Deriving significant revenue from siafunds would jeopardize the Foundation's impartiality and focus. Ultimately, we want the Foundation to act in the best interests of Sia, not in growing its own budget.

Responsibilities

The Foundation inherits a great number of responsibilities from Nebulous. Each quarter, the Foundation will publish the progress it has made over the past quarter, and list the responsibilities it intends to prioritize over the coming quarter. This will be accompanied by a financial report, detailing each area of expenditure over the past quarter, and forecasting expenditures for the coming quarter. Below, we summarize some of the myriad responsibilities towards which the Foundation is expected to allocate its resources.

Maintain and enhance core Sia software

Arguably, this is the most important responsibility of the Foundation. At the heart of Sia is its consensus algorithm: regardless of other differences, all Sia software must agree upon the content and rules of the blockchain. It is therefore crucial that the algorithm be stewarded by an entity that is accountable to the community, transparent in its decision-making, and has no profit motive or other conflicts of interest.
Accordingly, Sia’s consensus functionality will no longer be directly maintained by Nebulous. Instead, the Foundation will release and maintain an implementation of a "minimal Sia full node," comprising the Sia consensus algorithm and P2P networking code. The source code will be available in a public repository, and signed binaries will be published for each release.
Other parties may use this code to provide alternative full node software. For example, Nebulous may extend the minimal full node with wallet, renter, and host functionality. The source code of any such implementation may be submitted to the Foundation for review. If the code passes review, the Foundation will provide "endorsement signatures" for the commit hash used and for binaries compiled internally by the Foundation. Specifically, these signatures assert that the Foundation believes the software contains no consensus-breaking changes or other modifications to imported Foundation code. Endorsement signatures and Foundation-compiled binaries may be displayed and distributed by the receiving party, along with an appropriate disclaimer.
A minimal full node is not terribly useful on its own; the wallet, renter, host, and other extensions are what make Sia a proper developer platform. Currently, the only implementations of these extensions are maintained by Nebulous. The Foundation will contract Nebulous to ensure that these extensions continue to receive updates and enhancements. Later on, the Foundation intends to develop its own implementations of these extensions and others. As with the minimal node software, these extensions will be open source and available in public repositories for use by any Sia node software.
With the consensus code now managed by the Foundation, the task of implementing and orchestrating hardforks becomes its responsibility as well. When the Foundation determines that a hardfork is necessary (whether through internal discussion or via community petition), a formal proposal will be drafted and submitted for public review, during which arguments for and against the proposal may be submitted to a public repository. During this time, the hardfork code will be implemented, either by Foundation employees or by external contributors working closely with the Foundation. Once the implementation is finished, final arguments will be heard. The Foundation board will then vote whether to accept or reject the proposal, and announce their decision along with appropriate justification. Assuming the proposal was accepted, the Foundation will announce the block height at which the hardfork will activate, and will subsequently release source code and signed binaries that incorporate the hardfork code.
Regardless of the Foundation's decision, it is the community that ultimately determines whether a fork is accepted or rejected – nothing can change that. Foundation node software will never automatically update, so all forks must be explicitly adopted by users. Furthermore, the Foundation will provide replay and wipeout protection for its hard forks, protecting other chains from unintended or malicious reorgs. Similarly, the Foundation will ensure that any file contracts formed prior to a fork activation will continue to be honored on both chains until they expire.
Finally, the Foundation also intends to pursue scalability solutions for the Sia blockchain. In particular, work has already begun on an implementation of Utreexo, which will greatly reduce the space requirements of fully-validating nodes (allowing a full node to be run on a smartphone) while increasing throughput and decreasing initial sync time. A hardfork implementing Utreexo will be submitted to the community as per the process detailed above.
As this is the most important responsibility of the Foundation, it will receive a significant portion of the Foundation’s budget, primarily in the form of developer salaries and contracting agreements.

Support community services

We intend to allocate 25% of the Foundation Fund towards the community. This allocation will be held and disbursed in the form of siacoins, and will pay for grants, bounties, hackathons, and other community-driven endeavours.
Any community-run service, such as a Skynet portal, explorer or web wallet, may apply to have its costs covered by the Foundation. Upon approval, the Foundation will reimburse expenses incurred by the service, subject to the exact terms agreed to. The intent of these grants is not to provide a source of income, but rather to make such services "break even" for their operators, so that members of the community can enrich the Sia ecosystem without worrying about the impact on their own finances.

Ensure easy acquisition and storage of siacoins

Most users will acquire their siacoins via an exchange. The Foundation will provide support to Sia-compatible exchanges, and pursue relevant integrations at its discretion, such as Coinbase's new Rosetta standard. The Foundation may also release DEX software that enables trading cryptocurrencies without the need for a third party. (The Foundation itself will never operate as a money transmitter.)
Increasingly, users are storing their cryptocurrency on hardware wallets. The Foundation will maintain the existing Ledger Nano S integration, and pursue further integrations at its discretion.
Of course, all hardware wallets must be paired with software running on a computer or smartphone, so the Foundation will also develop and/or maintain client-side wallet software, including both full-node wallets and "lite" wallets. Community-operated wallet services, i.e. web wallets, may be funded via grants.
Like core software maintenance, this responsibility will be funded in the form of developer salaries and contracting agreements.

Protect the ecosystem

When it comes to cryptocurrency security, patching software vulnerabilities is table stakes; there are significant legal and social threats that we must be mindful of as well. As such, the Foundation will earmark a portion of its fund to defend the community from legal action. The Foundation will also safeguard the network from 51% attacks and other threats to network security by implementing softforks and/or hardforks where necessary.
The Foundation also intends to assist in the development of a new FOSS software license, and to solicit legal memos on various Sia-related matters, such as hosting in the United States and the EU.
In a broader sense, the establishment of the Foundation makes the ecosystem more robust by transferring core development to a more neutral entity. Thanks to its funding structure, the Foundation will be immune to various forms of pressure that for-profit companies are susceptible to.

Drive adoption of Sia

Although the overriding goal of the Foundation is to make Sia the best platform it can be, all that work will be in vain if no one uses the platform. There are a number of ways the Foundation can promote Sia and get it into the hands of potential users and developers.
In-person conferences are understandably far less popular now, but the Foundation can sponsor and/or participate in virtual conferences. (In-person conferences may be held in the future, permitting circumstances.) Similarly, the Foundation will provide prizes for hackathons, which may be organized by community members, Nebulous, or the Foundation itself. Lastly, partnerships with other companies in the cryptocurrency space—or the cloud storage space—are a great way to increase awareness of Sia. To handle these responsibilities, one of the early priorities of the Foundation will be to hire a marketing director.

Fund Management

The Foundation Fund will be controlled by a multisig address. Each member of the Foundation's board will control one of the signing keys, with the signature threshold to be determined once the final composition of the board is known. (This threshold may also be increased or decreased if the number of board members changes.) Additionally, one timelocked signing key will be controlled by David Vorick. This key will act as a “dead man’s switch,” to be used in the event of an emergency that prevents Foundation board members from reaching the signature threshold. The timelock ensures that this key cannot be used unless the Foundation fails to sign a transaction for several months.
On the 1st of each month, the Foundation will use its keys to transfer all siacoins in the Fund to two new addresses. The first address will be controlled by a high-security hot wallet, and will receive approximately one month's worth of Foundation expenditures. The second address, receiving the remaining siacoins, will be a modified version of the source address: specifically, it will increase the timelock on David Vorick's signing key by one month. Any other changes to the set of signing keys, such as the arrival or departure of board members, will be incorporated into this address as well.
The Foundation Fund is allocated in SC, but many of the Foundation's expenditures must be paid in USD or other fiat currency. Accordingly, the Foundation will convert, at its discretion, a portion of its monthly withdrawals to fiat currency. We expect this conversion to be primarily facilitated by private "OTC" sales to accredited investors. The Foundation currently has no plans to speculate in cryptocurrency or other assets.
Finally, it is important that the Foundation adds value to the Sia platform well in excess of the inflation introduced by the block subsidy. For this reason, the Foundation intends to provably burn, on a quarterly basis, any coins that it cannot allocate towards any justifiable expense. In other words, coins will be burned whenever doing so provides greater value to the platform than any other use. Furthermore, the Foundation will cap its SC treasury at 5% of the total supply, and will cap its USD treasury at 4 years’ worth of predicted expenses.
 
Addendum: Hardfork Timeline
We would like to see this proposal finalized and accepted by the community no later than September 30th. A new version of siad, implementing the hardfork, will be released no later than October 15th. The hardfork will activate at block 293220, which is expected to occur around 12pm EST on January 1st, 2021.
 
Addendum: Inflation specifics
The total supply of siacoins as of January 1st, 2021 will be approximately 45.243 GS. The initial subsidy of 1.57 GS thus increases the supply by 3.47%, and the total annual inflation in 2021 will be at most 10.4% (if zero coins are burned). In 2022, total annual inflation will be at most 6.28%, and will steadily decrease in subsequent years.
 

Conclusion

We see the establishment of the Foundation as an important step in the maturation of the Sia project. It provides the ecosystem with a sustainable source of funding that can be exclusively directed towards achieving Sia's ambitious goals. Compared to other projects with far deeper pockets, Sia has always punched above its weight; once we're on equal footing, there's no telling what we'll be able to achieve.
Nevertheless, we do not propose this change lightly, and have taken pains to ensure that the Foundation will act in accordance with the ideals that this community shares. It will operate transparently, keep inflation to a minimum, and respect the user's fundamental role in decentralized systems. We hope that everyone in the community will consider this proposal carefully, and look forward to a productive discussion.
submitted by lukechampine to siacoin [link] [comments]

Raising funds through Bitcoin Cash to create a small bakery from my home.

Raising funds through Bitcoin Cash to create a small bakery from my home.
My name is Ramón Oropeza, I am a baker by profession. For many years I have been through a bad economic moment that all it does is get worse over time. I am not a defeatist, and I always seek to get ahead. I know it's not your problem and you shouldn't have to help me. However, many of us want to make the world a better place. Many help hungry people and donate to feed them one day or perhaps a year, others to help pay the medical bills of a terminally ill patient. They are all very noble causes, but they do not really change the world, they are just a cloth of water in the pain of others. That is why I am not looking for money to pay for the medicines my mother needs, nor for you to help me repair my mother's car, which has been damaged for more than two years, nor to repair the refrigerator in my house that It has been working for over 8 years and it has been impossible for us to even repair it and we cannot dream of buying a new one. No, I am not seeking financial help for that directly. My idea and the one I want you to help me with is to build my own business with which I, together with my family, can restore our lives. Indeed you will not help thousands of people directly to satisfy their hunger for a day, instead, if you decide to give me your support, you will help me create and work for a better future and a better quality for me and my family.

https://preview.redd.it/1v2irjvbd4e51.png?width=500&format=png&auto=webp&s=40c1f5a33a42a82cd7f6a63fe602e8cf71646b28
BUSINESS PLAN
I am a baker by profession, I have worked in restaurants for more than 4 years and I understand how the gastronomic business works. Therefore, not wanting to occupy a large infrastructure and only to start from scratch. The initial vision of the business is based on a Venezuelan bakery from my home and serving my neighborhood. This is possible in the context of the pandemic and the rise of home services in my country. I've already tried this system successfully and have over 50 leads a week earning sales of $ 15 to $ 20 a week. These numbers are good here in Venezuela, since I do not have to pay taxes to be in my house and the services are relatively free (Very little is paid for the electrical and water service, although both constantly fail). Basically the expenses are in salary, maintenance and restoration of inventory. Which is covered in the cost of the product.
Sales are made before bread is made through reservations made by my neighbors. This is possible thanks to the advertising and contact made with them through social networks (Whatsapp, Instagram and Facebook), as well as direct face-to-face contact. It is also possible that they come to my house to withdraw the product if they wish. Every day we send messages with the menu that corresponds to the following day. In this way, the customer selects the product and makes their reservations. The next day, the bread chosen by the customer is baked with some left over to sell customers who want bread at the last minute. It is a system that has worked and this allows us to sell fresh bread to all our customers and reduce the risk of loss of freshness of our breads and therefore of product quality. Our motto is "Good bread, always fresh".
Another important point for this initiative is to maintain customer loyalty. One strategy to follow is to create reward points to exchange them for products in a certain time. This point system would be based on Bitcoin Cash SLP tokens. This ensures that, unlike coupons or points managed by the company, each person will know how many points they have in their wallet. Another advantage offered by using SLP tokens for customers, is that they can add points to each other in a single wallet and thus claim the desired product. A direct consequence of the use of SLP tokens will be the disclosure and adoption of Bitcoin Cash among customers.
To start we have three types of bread:
Venezuelan French bread: this bread is widely consumed by our customers. It is sold in batches of 6 or 10 units. It is normally consumed for dinner or breakfast. Also, to accompany lunch.

https://preview.redd.it/h9hyt6oxc4e51.jpg?width=571&format=pjpg&auto=webp&s=c88d587766a8461f2f62695e21cefaf41c345fe1
Braided sweet bread: This is our version of a very Venezuelan bread called “piñita”. However, I always wanted to present it differently, so I knotted or braided them. This bread is consumed as a snack to accompany a coffee or a sugary drink. It is also highly consumed.

https://preview.redd.it/ma99uro0d4e51.jpg?width=1967&format=pjpg&auto=webp&s=e7d92ac4d73fc308f92c1def8ca440e8d4b9c6d1
Cinnamonrolls: This product is also very dear to our customers. One of the few luxuries that some can give themselves in this time of crisis. I am particularly pleased to be able to bring a little happiness through my breads.

https://preview.redd.it/ryrcj184d4e51.jpg?width=571&format=pjpg&auto=webp&s=db97d1325172d414b14bb9c8e5ca95fae9ae4b13
To grow after this first phase, I would add to the menu the Venezuelan cheese braided bread and the “golfeados” (a well-loved Venezuelan bread).
Finally, to do all of this. Taking into account that the premises is my home and I will use different elements to work on it (tables, dishwashers), the services are basically free, I will not pay any more taxes than those included in the cost of raw materials. Here I have the budget for what I need to start changing my family's life through my work and with all your support:
What I can start with:
1 Gas cylinder (50 USD $) 0.175 BCH
1 3-tray oven (500 USD $) 1.76 BCH
3 trays (36 USD $) 0.126 BCH
Raw material (flour, drinking water, yeast, sugar, butter, milk, salt, cinnamon ...) ($ 100) 0.351 BCH
Total: (650 USD $) 2,412 BCH (conversion 285 USD $ / BCH)
With what could start and go to a next level:
All of the above (650 USD $)
Homemade blender or mixer ($ 475 USD)
Tray holder (300 USD $)
Small refrigerator ($ 200 USD)
Total: (1625USD $) 5.7 BCH (conversion 285USD $ / BCH).
The most significant elements are: the gas cylinder, the oven, the trays and the bread mixer.
All operations will be under my charge. My assistant will be my brother. He will be in charge of sales and customer service, under my supervision, therefore, he will make home deliveries. While I will be in charge of production and maintenance.
In conclusion, it is your decision to help me take my family forward and solve our problems by our own hands. You are not changing the world, but you are changing the world of a family. I would like to promise small dividends through the delivery of SLP Tokens that guarantees their distribution. I will be informing myself about that possibility. I say goodbye hoping for all your support, thank you very much.
What is PanXCafé? https://read.cash/@ramonoropeza/undertake-from-scratch-in-venezuela-panxcafe-help-me-to-promote-this-project-bccbdf04
MigasCoin (MIGAS) Birth https://read.cash/@ramonoropeza/why-should-i-accept-bitcoin-cash-in-my-business-494f3fda
MigasCoin (MIGAS): SLP token for PanXCafé | Preview.
All contributions can go to this address, which is associated with my account at Read.Cash.

bitcoincash:qqr0zl4jznduv88xz8pegu0fx44hatpatgh5rkqenx

submitted by ramonoropeza to Bitcoincash [link] [comments]

Unikrn Casino 100 free spins and no deposit bonus code

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Unikrn's online casino product is relatively new, and for this reason its game collection is not the biggest you can find. That said, we fell in love with its user-friendly platform, and we like the selection of daily cash drop games and its live casino offering in particular. The possibility of playing with cryptocurrencies is definitely one of the main highlights of Unikrn casino, and we think this platform has done a great job of simplifying crypto gaming. And now, why not check out this casino for yourself and claim those free spins?
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submitted by freespinsgaming to u/freespinsgaming [link] [comments]

Using Western Union To Trade BTC

Our website is in all cases simple, fast, and safe transactions for US dollars. Sell ​​now! Basic, fast, and special. There is no recruitment. The highest rate is insured. Moment and confidence in strong security. We operate credit or other forms of cash and in addition, we offer how to cash out bitcoin anonymously get BTC money online. Get money from these split Bitcoins. Use the exchange stages to convert BTC into money. Convert bitcoins into money using cash converters. Use the direct electronic payment framework. We learn about some simple ways to convert BTC into USD, INR, EUR, or GBP, you can use BTC to add machine changes to Bitcoin in any global currency using the Bitcoin price index including USD, GBP, EUR, CNY, Japanese Yen. If you really need to change bitcoin to dollars, store it on a computer with your bitcoins at a rate of 1 to 5,000 USD and other proposals to convert 1 Bitcoin into $ 5,200. Currency conversion gets high rates. We offer high prices for digital money without any hassle, and with the best possible prices in the market, in this article, I will describe how to sell bitcoins for USD or convert BTC to USD. Convert Bitcoin into cash. Make sure you check out Living at bitcoincashout.com. Bitcoin Cashout is the leader in the mining scene equipped with ASIC rigs. Simply start measuring, enter your Bitcoin address, and start mining. Free cloud mining program. Moment Free online device to convert BTC to USD or vice versa. The conversion table of BTC Bitcoin to USD [US dollar] and the exchange steps are also very simple and you can buy BTC in US dollars, with a credit card, and how to transfer bitcoins between wallets , but there is no deal for 100 Bitcoins constantly, convert it into USD. It will end up being an exchange of monetary benchmarks, like the US dollar, which will not once again be important for Bitcoin to replace paper monetary standards in the long run. If you are looking for the latest cost of BTC in USD, the trading segment will reflect the market conditions in a split second.
submitted by popjhons to u/popjhons [link] [comments]

I've created dark themed LibreOffice Personal Finance workbook (x-post from r/personalfinance)

The workbook can be found here:

It contains:
MAIN Sheet
Transactions Sheet
Expenses Sheet
NLTHP Sheet
NLTHP Cash Sheet

Possible future sheets:

Supported currencies:

Supported conversions to:

The workbook is free and open source, does not contain any macros and all 4 external links to exchange sites are contained in a single sheet which can be removed if needed.
If anyone has any questions or suggestions you can leave a comment, or send me a DM on Reddit or Matrix.
submitted by xxkoes to libreoffice [link] [comments]

500 to 5000 MCO Upgrade Strategy

Currently the 500 MCO tier is sort of the sweet spot for most users where a lot of valuable perks kick in. When I first purchased MCO it was under $3 USD, so going straight to the 500 tier was an obvious choice. I was planning to put some Stablecoins and Bitcoin into earn, so the added 2% bonus in-kind in earn, plus the 3% card cashbacks and Netflix reimbursement made the choice economically beneficial quite quickly. Less than a year later the benefits have provided me a larger return on investment than if I had done otherwise.
I have been eyeing the upgrade to the 5000 tier, but I wanted to do an analysis of what sort of upgrade strategy makes sense to optimize ROI weighted against risks and if I'm even the right candidate for such an investment. With the price of MCO being higher, it's not such a clear decision. I will outline my thought process below.
Assumptions - These are the assumptions that I am working with for my analysis. Working with a different set of assumptions will affect the decision making process differently for different people.
Based on the above assumptions we can now look at different upgrade pathways and see which options make the most sense. This thought process is a place to start and can be adjusted to each person's individual case.

Stablecoin (Fiat) to MCO pathway

At today's price of ~$4.85 USD at time of writing, it would cost $21,825 USD to upgrade directly into the 5000 tier by buying 4500 additional MCO. This gives additional benefits of 2% in earn, 1% on card, and 8% vs 6% on staked MCO.
The variables we need to look at to find out if this makes sense over the next year are: assets in Earn and annual card spend.
The opportunity cost of putting the money into MCO is a 4% yield on $21,825 (12% in Earn minus 8% staked in MCO) minus a 2% yield on 500 MCO, or roughly $824.50.
We also open ourselves up to exchange rate volatility, there is a very real, non-0% chance that the crypto market collapses, or that MCO itself collapses in value. There is also a chance it will go way up. If you are looking to hold the MCO, or crypto in general, for longer periods of time, we need to sort of normalize the projected trend to figure out ROI. That means ignoring big jumps and drops, or retroactively thinking you could have made or lost money by trading in and out… that falls under trading and speculation. In general, most of us think the crypto market is going up, but by how much and how fast are variables that need to be considered in how exposed to crypto you want to be
In order to make this pathway a positive ROI, we need to make an additional $824.50 through the added benefits in Earn and card spending over the course of one year. What does that look like?
Assets in Earn*0.02 + Card spend*0.01>824.50 
Examples:
If you don't have roughly $35-40k in Earn, upgrading to 5000 Tier makes very little sense IMO.
Full Account Examples (Assuming today's crypto prices):
Case 1 and 2 are very similar in total assets, but case 2 provides the better return after one year ($20,760 - $17,735.50 = $3,024.50) at the cost of being more exposed to crypto.

Bitcoin to MCO pathway via Drip

Another option to consider is upgrading to the 5000 tier via Bitcoin. I mention "Drip" in the header because I imagine most people able to do a lump sum conversion would encounter a taxable event and would be less inclined to go that route. Utilizing a drip format will upgrade on a longer time scale, but result in negligible taxable gain. It also keeps crypto exposure at roughly the same level throughout the process.
The benefits from going to MCO from BTC is a higher interest rate for MCO being staked at 6% vs BTC in Earn at 5.5%; I also assume CDC will be able to keep the 6% on MCO longer than they can keep the rate high on BTC. The drawbacks are less liquidity on MCO, potentially more volatility, and potential loss of value relative to BTC in Satoshis (we'll ignore the last point since we are assuming a similar sat ratio over time).
Another thing to mention, if we want to upgrade over the course of one year, BTC holdings need to be pretty sizable at $400,000 That's a little unreasonable for most people, so let's assume a smaller holding of $100,000 btc like the two cases above. This will take three years to accomplish and the equation gets a bit more complicated in this situation.
Basically if you take the above situation and plug it into a compound interest calculator, compounding quarterly, it takes almost 3 years exactly to drip your way into the 5000 tier. We can mostly ignore any change in crypto USD value as long as the MCO/BTC ratio stays similar.
If you definitely want to go to the 5000 tier, the question becomes purchase lump sum via Fiat or drip via crypto.
The opportunity cost of dripping is the lost 2% gain in earn over the course of 3 years (which as you'll see below, could be significant if the market jumps quickly at which point purchasing via Fiat becomes prohibitively expensive). But the benefit is that you maintain your current crypto exposure in the case of a major bear market where you could potentially purchase via Fiat at a much lower price.

Exit Strategy

I think it's important to think about an exit strategy. In my opinion, upgrading to the 5000 tier only really makes sense if you are having a lot of assets in Earn. The added 1% on card spend and other perks pales in comparison to the added 2% on Earn with a large amount of assets. It's also my opinion that MCO should only be a small portion of a crypto portfolio. Regardless, if MCO is your main holding you are betting on the crypto market going up, because the added 5000 tier benefits won't comparatively amount to much over a year anyway.
If crypto prices stay the same the benefits to holding MCO stay flat, but as crypto prices rise, the incentives change. Imagine we go on a huge bull run and the market goes up 20x. I bet a lot of people will want to rebalance and cash in some of that profit. It's quite possible holding 5000 MCO becomes too big of a risk for the benefits received.
What's nice is that CDC seems to have thought about the optimal profile for people to get to the 5000 tier level...like I stated above, people with significant assets in Earn.
Imagine the person in Case 2 above in an environment where the crypto market shoots up 20x.
In this situation, it makes sense to rebalance your portfolio and take some earnings off the table. However, it actually makes a lot of sense to keep the 5000 MCO staked and rebalance away from BTC into Stablecoins. Look at the yearly earnings of different options below:
As you can see, losing the bonus 2% in earn cuts your profit over the course of a year.
CDC was quite thoughtful in changing the award structure for the added 2% in Earn. It should keep early adopters from leaving if the market goes up, and should actually attract newly minted crypto whales as they rebalance out of other cryptos. This should keep the MCO price strong for a long time and give confidence to people investing in MCO.

Conclusion

I think upgrading to the 5000 tier can make a lot of sense for certain people. But after reaching the 5000 tier I would probably immediately cash out all rewarded MCO to Stablecoins to compound at a higher interest rate and just maintain the 5000 level. Unless there are some dramatic new rewards for the 50,000 level I don't see the value proposition to go for Black. Perhaps an additional 2% in Earn, but that is probably not sustainable to the company.
Let me know what you think, or if I made any mistakes.

Edit: Changed numbers to reflect 8% earned on staked MCO at the 5000 Tier level. This makes the upgrade more compelling.

submitted by gym7rjm to Crypto_com [link] [comments]

What are Stable Coins? USDT, TUSD, GUSD, USDC and USDQ

What are Stable Coins? USDT, TUSD, GUSD, USDC and USDQ
https://preview.redd.it/pj2ucbd66vt41.png?width=1025&format=png&auto=webp&s=bc887cbbc39b867ca8e64fd6c1e03740b98bd2dc
In this article, we will look at USDQ, a fully algorithmic stablecoin that offers reliability and easy collateralization for Bitcoin.
A unique decentralized stablecoin features various price stabilization algorithms, an intricate system of incentives for traders and AI-driven predictive analytics module.
It’s clear that cryptocurrencies are gradually making inroads into the global economy, moving closer to mass adoption. Cryptocurrencies offer a number of advantages – decentralization and trust, lower commissions and disintermediation – that make it easier for users to carry out their daily transactions. Anybody can transfer value around the globe, winning from fast processing time.
In comparison, sending value across borders via legacy financial systems requires lengthy waiting periods and fees, while also making users stuck into highly complex processes. For instance, if a person from Japan wants to send some money to England, the fees can range anywhere from 5% up to 10%, depending on the system being used. In addition, there will be some currency conversion fees. It seems that centralized players, currently enjoying lack of competition, set up fees and commissions just as they wish.
It’s merchants that carry out cross-border transactions that find working with legacy finance institutions most troublesome. They keep losing hefty chunks from their potential profits, just paying out fees to payment processors. This makes businesses hike up their prices, passing these expenses to ordinary consumers. Crypto offers a paradigm shift change, bringing to the table lightning speed and lower fees. Although cryptocurrencies have been winning more and more attention from merchants worldwide, there’s still a number of roadblocks to wider adoption, among which are price volatility, scalability limitations and others.
Volatility is admittedly the biggest hurdle that prevents businesses from using cryptocurrencies more. Bitcoin can experience huge fluctuations in just a matter of hours or even minutes. In addition, major coins like Bitcoin and Ethereum present scalability issues, which results in high processing time. A merchant, who has to handle hundreds of payments on a daily basis, would not be able to conduct their business efficiently if transactions get stuck for days on end. On top of that, it’s extremely hard for adopters to convert cryptocurrencies into fiat via the banks and other financial agents they usually work with.
Cryptocurrencies seek to offer solutions to all of these issues.

What is stablecoin?

A stablecoin is a cryptocurrency, whose architecture enables its price to always equal the price of another asset. Most of the stablecoins are pegged to USD. The biggest names in cryptocurrencies are Tether, Gemini Dollar, USDQ, TUSD and others.

How do stablecoins manage to be so stable?

As opposed to other coins that float freely, stable cryptocurrencies require that each unit is backed with a unit of the fiat currency. For instance, Tether (USDT) pegs 1 USDT to 1 USD on the one-to-one basis. In this way, stablecoins are somewhere between cryptocurrencies and regular fiats. Tether is based on its own blockchain that is built on top of Bitcoin, Litecoin and Ethereum systems.
Although Tether is the biggest stablecoin, there’s a number of concerns as to its operations. The biggest one is the continuing controversy as to the fiat reserves, which the issuer is supposed to store on the one-to-one ratio to the number of issued Tether units. The company has been saying that the audit will be done in the near future, but just several weeks ago it started to claim that it’s not only the cash, but also loans to other companies that can be recorded as fiat reserves. These statements resulted in growing distrust among crypto enthusiasts.
Another project is TrueUSD (TUSD). It also pegs to USD. The difference with Tether is the openness to audits and transparency. The company is open to third-party audits, it publishes the duly verified reports on the fiat reserves it holds. In addition, users enjoy legal protections.
USDC is another stablecoin that was created by the famous cryptocurrency exchange Circle. Just as TUSD, if offers regulatory compliance and transparency. The big problem with all these systems is the fact that they enable authorities to seize users’ funds, which completely negates the very idea of decentralization and anti-censorship, on which crypto is built.
USDQ is different from other stablecoins as it’s not backed by the fiat currency, but by Bitcoin and other top-10 cryptocurrencies in the future. This enables the ecosystem to avoid dealing with legacy financial systems. Through the over-collateralization process, USDQ turns highly volatile cryptocurrencies into the USD-pegged USDQ that is perfect for storing value and processing transactions in the external economy without any risk of price changes. The coin is being developed by PLATINUM ENGINEERING with the small community slowly growing around the project.

Why do we need stablecoins?

Stablecoins have advanced as a new iteration on cryptocurrencies, enabling to address such issues as high volatility and interactions with legacy financial systems.
Coins like USDQ make sure that various mechanisms are used in order to stabilize the prices at the USD peg. Traders can easily change their Bitcoins into USDQ and thus prevent the negative impact on unwanted prices changes. Stablecoins are very easy to use, which is a boon for non-techy adopters. Any person from around the world can quickly convert fiats into stablecoins, without any need to think about future price changes and without worrying about potential risks for losing their funds. As a rule, you’ll always find various stablecoins on crypto exchanges, enabling traders to quickly move around stables and other cryptos.
As we’ve spoken above, cross-border payments win most from using the stablecoins. This hybrid species between fiat and crypto will help open up the hidden value in global trade, amounting to trillions of dollars in profits for stakeholders.
The Telos Community recently partnered with CARBON and announced their new stablecoin: TLOSD.
TLOSD is a USD backed coin that is now available on all exchanges that support Telos and the Carbon API.
Users can now buy TLOS with Debit card, Credit card, Apple Pay or bank account, making it easier than ever to invest in TLOS and start using the Telos blockchain.
“Our dapp will provide frictionless and global access to TLOS via credit/debit cards. Our stable coin TLOSD will provide a reliable store of value and medium of exchange on-chain in addition to direct fiat on/off ramps into and out of the Telos network. Telos has demonstrated truly decentralized networks can come together, get things done, and create real value.” – Telos Foundation
Read more:
Written By: Ben
Edited By: Mosun
Graphics By: Jacobite
submitted by Telos4africa to u/Telos4africa [link] [comments]

Getting around Paypal conversion fee? (USD -> EUR)

Hi reddit,
I've been looking all over the internet for a solution, but got no luck. I want to get out of Paypal, but anything I do will cost me a tremendous conversion fees. (21 euros !!)
I was unlucky enough, that I could only withdraw money from a service to Paypal and the service forced me to withdraw in US dollars. I want to get my money out of PayPal without a huge conversion fee.
I tried all of the following:
- My PayPal account is tied to Hungary, it's not possible for this country to withdraw to a debit card directly. I also don't have the option to get a Paypal debit card.
- I can link my local bank account which is not in USD, PayPal is gonna charge a conversion fee if I withdraw.
- I can link a US bank account. Tried already with the US account given to me by Transferwise. Paypal rejects this bank account. After messaging support they told me that "Please be advised that Transferwise accounts are not actual bank accounts, the money is not guaranteed nor is it possible to debit the account directly or receive transfers from PayPal". What a load of bullsh*t, Paypal is directly competing with Transferwise, it's not in their interest to accept it.
- I have been using their new Xoom service (the Transferwise competitor), which still charges a big transfer fee, but I can get away with EUR -> EUR transfers and get my money out of Paypal. So what happens is, Xoom is not giving the option of sending USD -> USD transfers. "Bank Deposit is not available for the send and receive currencies you have selected." Both the EUR and USD addresses are from Transferwise. The EUR transfers work perfectly, what gives with the USD ?
- Buy Bitcoin on LocalBitcoins with Paypal balance. Nope, the premium prices are worse than the conversion fee (~80 usd)
- Open a fake Paypal address in a country that supports withdrawal to debit card. Withdraw to a multi-currency debit card. Not sure it is worth the risk, if they stop the money somewhere and it gets lost.
Is there any kind of service, where I can top up my balance with Paypal, only to withdraw it in EUR SEPA transfer? Since buying crypto with Paypal has been off the table for some time, I'm not sure.
Thanks for any advice
submitted by meister245 to paypal [link] [comments]

The key to mass crypto adoption: generosity.

You want mass adoption. So do I. Here's why I know generosity is the key:
  1. Setting up wallets, and navigating exchange's order books, conversion rates..."what the hell is a Satoshi"... it's completely overwhelming for people. "Simply sign up to this website you don't know anything about, enter in your bank account information, send a picture of yourself and a copy of your ID, then in forty-seven additional steps, you'll hold a crypto currency built on a technology you don't understand!"
Instead, have your curious-but-uninvested friends download a wallet, and send them some crypto... no strings attached. Why?
  1. This will show them the speed and security of the transaction, give them the pleasure of holding a piece of the future, and will get them excited about checking the progress and value of the tech, which is most of the fun of all of this anyways. It won't take long for them to realize that if they really want to get "rich" (which let's be honest, is why most of us got into this in the first place), they'll have to buy more.
  2. The complication and confusion of exchanges won't be front-loaded, and will be something they are more likely to overcome when they already have the currency, and must learn how to exchange it if they ever want to sell it. By receiving the crypto on the front-end, they're given a taste of the addictive fun of it.
  3. Bragging about how much money crypto is/will be making you? Time to put your money where your mouth is. My introduction to BTC was when a friend sent me 50 USD worth. Like it was nothing! Of course it wasn't nothing, he's not a wealthy man- but I thought "... if he shared this with me, this thing must have been very good to him." I soon started reading more about BTC, and I bought more.
Offer to donate to your favorite charity, in BITCOIN (not your obscure alt). If they accept, MAKE GOOD ON YOUR OFFER. What charity wants to leave money on the table? If they don't know how to accept BTC, be a generous person with your time and talents, and show them how to accept BTC donations. This will:
  1. Pave the way for future donations. Once your favorite charity has the wallet and the know-how, the hard work is done. Receiving one BTC donation and receiving one-hundred donations is the same amount of work.
  2. Allow donations from those of us that don't have much liquid fiat on hand, but do have some crypto.
  3. Allow people to profitably and unashamedly give small amounts. Someone might feel stupid writing and mailing a check for a very small amount even though it's all they can give, and sometimes the cataloging and cashing of that check might actually cost the charity more than the donation itself. Crypto makes the giving of even minuscule amounts enjoyable for everyone.

TLDR: STOP BEING A MOONBOI AND START BEING A DECENT HUMAN BEING YA GREEDY BASTARD.

submitted by Uggamouse to CryptoCurrency [link] [comments]

The History, The Current State And The Future Of NavCoin

The History, The Current State And The Future Of NavCoin

This is it. If you're interested to see what NAV is all about, this is the ultimate guide for you. You will learn about the history of NavCoin and how it evolved. You will learn about the current state and features of NavCoin and you will learn about the exciting new features that are planned and coming up in the (near) future.
So buckle up, this is going to be a long ride!

Table Of Content


Introduction - What is NavCoin?


The History

Introduction
The following chapter will summarize and break down the history of NavCoin in a few sentences. NAV started a long time ago, went through rebrandings and changes of the core team before it became what it is today.

SummerCoin
NavCoin was initially first introduced under the name SummerCoin on April 23 in 2014. SummerCoin was a fork of the Bitcoin blockchain. It used to have a PoW/PoS hybrid algorithm with a block time of 45 seconds.

SummerCoinV2 /NavajoCoin
Soon after the initial launch of SummerCoin, the original developer left and SoopY (soopy452000 on bitcointalk) took over as the main developer and rebranded the project to SummerCoinV2 respectively NavajoCoin and introduced new features.
The name NavajoCoin was chosen in honor of the Navajo Code Talker. The unbreakable Navajo code was used to encrypt highly classified military information and commands and decrypt the same in WW II.
SoopY introduced a technology which allowed sending transactions anonymously and private. This technology was called "Navajo Anonymous Technology". SoopY also released a new wallet and set the Proof of Stake rewards at 10% for the first year, 5% for the second year and 2% for every year after.

NavCoin
On August 12, 2014, Craig (current lead core developer, pakage on bitcointalk) started to get involved with NAV by helping to set up a website [10].
It was officially announced that Craig joined the core team as a "Wallet & Web Developer" on November 06, 2014.
The last tokenswap and restart of the blockchain of NAV happened on May 12, 2016.
Soon later, SoopY stopped showing up and Craig stepped into the role of the lead core developer. Since then, Craig has assembled a strong team with which he built NavCoin into what it is today.
Currently, Craig and the NavCoin Core team is located in New Zealand and they are actively developing many ground-braking features which differentiate NAV from other cryptocurrencies. You will read more about that later in this article.

The Current State

Introduction
The year 2018 has been a thriving year for the NavCoin ecosystem. Despite the USD price of NAV not reflecting it, in 2018 the core team has developed a whole bunch of new features. Also the core content creators published the first official guidelines that function as an orientation guide for community content creators. This chapter will give you an overview of the current team, the features, the prior mentioned guidelines and the community of NavCoin.

Core Team [1]
Last year, the core team has grown alot. It contains of developers, content creators and interns. The core team are employees of Encrypt S, the New Zealand's leading blockchain R&D lab. Encrypt S is developing blockchain solutions since 2014 and values building open-source software highly.

Craig MacGregor - Chief Executive Officer
Craig is the CEO of Encrypt S and the founder of NavCoin. He is one of the world's most experienced blockchain developers. Craig founded NavCoin in 2014 and is developing software for it since then. He has assembled a strong team of like-minded people. Craig also speaks at seminars and conferenced. Some of the companies and conferences he did blockchain education sessions at are Oracle, Xero, Air New Zealand, Blok Tex and trademe. Together with the team, he is also doing a education series on YouTube where he explains upcoming features in-depth for the community.

Alex Vazquez - Chief Technical Officer
Alex is the CTO of Encrypt S and the most active contributor to the NavCoin core Github. He has incredible knowledge of blockchains and proposes and implements solutions for challenges and features. He supports community developers frequently and answers any questions of the community thoroughly. Like Craig, Alex is developing software for the NavCoin ecosystem for a very long time. Alex speaks at universities at times and educates students about the blockchain technology.

Paul Sanderson - Lead Software Engineer
Paul is the Lead Software Engineer at Encrypt S. He has a flair for technology. His technical and management skills are perfectly suited for consultancy and investment advising. He also frequently contributes to the NavCoin core source code.

Rowan Savage - Senior Software Engineer
Rowan is a full stack software engineer with more than a decade experience in developing complex front-end web applications. He joined Encrypt S in February 2018 and has since been involved in the Valence Plattform, the Kauri Wallet and NavCoin Core. You will read more about these feature/projects later.

Carter Xiao - Lead UX/UI Designer
Carter specializes in user-centric design and is also very talented with 3D animation, motion graphics and programming. One of NavCoins core principle is "Simplifying Crypto" and UX/UI is a very important part of that.

Matt Paul - Software Engineer
Like Rowan, Matt is a full stack Software Engineer. He joined the core team in Mai 2017 and has since worked on NavPay, NavPi, the Kauri Wallet and NavCoin Core. Kieren Hyland - Chief Strategy Officer Kieren is one of the employees that are working for Encrypt S for a very long time. He is the CSO and is a digital strategist and growth hacker with a passion for new technology and has a lot of experience in online marketing. Laura Harris - Creative Director Laura has a combination of commercial and creative flair. She manages the social media accounts for NavCoin and ensures, that NavCoins' message is always powerful, relevant and distinctive. John Darby - Content Creator John is an internationally awarded Technology and Financial sector marketing communications specialist. He is one of the Core Content Creators for NavCoin.

Features of NavCoin [2]
The following features are currently available and have been developed in the last months and years. It is sorted from newest to oldest.

Static Block Reward
The soft-fork for the enabling of static block rewards have been accepted and became active recently at 5th January 2019. This means, that the block reward was changed from a percentage based reward to a static reward. This will incentivize the stakers to have their node online 24/7 which increased the security of the network. It also aligns NavCoin with the PoSv3 specification. With this implementation, the yearly inflation will be 3.6% currently and will exponentionally decrease because of the static value of the rewards. Every staked block will now give the staker 2 NAV. Depending on how many people are staking, the yearly percentage varies. With the network weight currently being around 20'000'000 NAV, stakers earn around 10% rewards from staking 24/7.

Cold staking
To provide extra security to participants in the staking process in the NavCoin network, the core team decided to implement cold staking. This allows to store NAV offline and still be able to sign staking inputs. Looking forward, a possible integration into the Ledger Nano S would mean, that one can stake NAV securely from a offline hardware wallet. How cool is that?

OpenAlias
One of the core principle of NAV is to simplify cryptocurrencies. Many non-technical people are deterred from the long, cryptic addresses used in wallets. When sending funds, you have to make sure that every single letter and digit is correct which is nerve-wracking for the average person. NavCoin has implemented OpenAlias, which allows to transform the wallet address into a email-like form. Everyone can register a name like "[[email protected]](mailto:[email protected])". Funds can then be sent to this name, which makes sending crypto much easier and less error-prone.

Community Fund
This is the one big feature I was most excited about. NavCoin core has implemented the first fully decentralized community fund. Acceptance of proposals and release of funds is all approved by the decentralized network. No central authority has access to the fund. The community fund enables everyone to propose their ideas to the NavCoin community and to get paid to implement these ideas. Everyone can propose whatever they like (of course there is a higher rate of success if the proposal contributes to the NavCoin ecosystem ;-)). In fact, this article was sponsored by the NAV-Community by voting "yes" for my proposal. The fund works like this:
For a fee of 50 NAV, everyone can create and present his idea/proposal to the entire NavCoin network. The fee is here to help prevent spam attacks. Proposals can literally be anything - be it development, marketing or anything else you can some up with.
After creating the proposal, everyone contributing to the NavCoin network can then decide if they like the proposal of not. They vote with "Yes" or "No" for the acceptance of the proposal. Voting happens via staking. Every transaction that gets validated by you gives you one vote. This means that the more NAV you are staking, the higher your voting weight is.
The proposal stays in the state "Pending" until it is accepted or rejected. To be accepted, a proposal has to have a participation of at least 50% of all staked blocks and at least 75% of these votes have to be "Yes"-votes. Like-wise to be rejected a proposal need 50% participation of the network and 75% of these votes have to be "No"-votes. Additionally, if a proposal didn't pass after 6 voting cycles (about 6 weeks) it is also rejected.
After a proposal has been accepted, the creator of the proposal can start his work. When the work is finished, or at in the proposal defined checkpoints, the proposal creator can create a payment request for the full or part of the requested funds.
The NavCoin network can then again decide, if the work is what the creator promised to do and vote for the funds or reject the payment request because it was not what he promised. This mechanism ensures, that the funds are only release if the creator of the proposal did what he promised. The NavCoin network decides everything, there is no central authority which makes the community fund 100% decentralized.
The community fund is quite new but there have already been some proposals that were accepted like paying for the development & hosting of NAV block explorer, the creation and distribution of NAV car stickers to the community for free (or paid by the community fund), the funding of interns for NavCoin Core, translation of the website into other languages and YouTube videos. What ideas could you come up with? By the way: this article was also sponsored by the community fund :-)

Proof of Stake
Like said before, NavCoin uses the Proof of Stake algorithm to create and validate blocks. Participants of the NavCoin network can earn rewards by putting their coins to stake and thus validating blocks and securing the network. The reward used to be 4% fixed but recently changed with the implementation of PoSv3. Currently, rewards for stakers that are staking 24/7 is about 10% but it is dependent on how many people are staking. If more nodes come online, this reward will go down. If 90% of all NAVs would be at stake, stakers would still earn 4%.

Tutorials And Guidelines [3]
The NavCoin Core team pushes the community to contribute to the NavCoin ecosystem constantly. They emphasize that NavCoin is an open source project and everyone can contribute. The team tries to make it as easy as possible for the average person to contribute and thus created different tutorials and guidelines.

Tutorials To Contribute To The Website
The whole website is open source. Everyone can contribute to the website. The team created different guides for people to follow [4].

The NavCoin Developer Manifesto
The content creator core team has build a developer manifesto. It defines the values that should be uphold like for example that they will always operate in the best interest of the network. If defines the principles, purposes, scope of involvement and operational requirements [5].

The NavCoin Content Creation Manifesto
Similar to the developer manifesto, there is also a content creation manifesto. Again it defines the principles for creating content, the purpose, the scope of involvement and the operational requirements [6].

NavCoin Brand Guidelines
In addition to the content creation manifesto, there is also a brand guideline booklet. This should help content creators to create images, videos, articles etc. in the same style as the core team. It defines the NAV brand. The brand guidelines contain definitions, the language to use (words to use, words not to use), the tone of voice, what the community aspires to be and what we discourage to be. It also contains the logo pack which can be used in graphics etc. It describes correct logo spacing, logo placement, the colors of NAV and different web assets. It gives tips about gradients and overlays, the typefaces (with a font pack) and many more. Check it out yourself [7].

NavCoin Educational Series
The core team has decided to actively involve the community in the creation of new features. For this reason and to allow users to ask questions, they created the NavCoin Educational Series. The core team schedules an online live meetup which can be joined by everyone. On YouTube they do live-streams and explain upcoming features. Examples of these series are explanations for cold staking, static rewards (PoSv3) and the community fund. The community can ask questions live and the core team will answer them immediately.

Community
During the last year there have been an influx of software developers from the community starting to create features for NAV.

navexplorer.com
An examples is navexplorer.com which is programmed by community developer prodpeak and is a block explorer for NavCoin. Additionally, it functions as a interface to see what is going on in the community fund. It shows pending proposals and payment requests.

NEXT Wallet
The NEXT Wallet is an alternative wallet for NAV and other cryptocurrencies. It has a beautiful user interface and is additionally the easiest interface to interact with the community fund (create proposals, create payment requests and vote for proposals and payment requests). It is programmed by community developer sakdeniz who put hundreds of hours into it during last year.

There were also some marketing activities starting to emerge with the release of the community fund. Some of these were for example free stickers for everyone in the NAV community to stick to their car / shop / window etc. or YouTube videos of CryptoCandor and Cryptomoonie that explained the details of NAV. I am sure, that with the 500'000 NAV available in the community fund per year there will be an influx of gread ideas - development as well as marketing activities - that will be funded.

The Future

Introduction
These features are planned for the future. Many of the following features are part of the 2019 roadmap. Some will not be described in great detail because not much is known about them yet. I've still listed them as they are part of what is yet to come.

Features
Rimu - Improved Privacy Solution
NavCoin used to be a optional privacy coin. That means, that you could choose to send a transaction in private. NavCoin was criticized for the way it handles private payments because it relied on a few servers which didn't make it that decentralized. The technology was called "NavTech" and was a secondary blockchain that obscured the transaction and the amount that was sent. NavCoin Core is currently developing a new improved privacy solution that will make the private payment system completely trustless and districuted and runs at a protocol level. Alex of the NavCoin Core team has published a paper that describes this new privacy solution. It's called Zero Confidential Transactions and can be found here: https://www.researchgate.net/publication/330366788_ZeroCT_Improving_Zerocoin_with_Confidential_Transactions_and_more. What I want to highlight is the collaboration between Alex as the proposer of the solution and the Veil team, a Bitcoin Core developer and Moneros main cryptographer as reviewers. When the best work together, it will be interesting to see what the outcome is!

Valence Plattform [8]
Valence is an applied Blockchain platform that can help businesses realise the tangible benefits of blockchain. You can think of Valence as a platform with which you can build Anonymous Distributed Applications (aDapps) with. But Valence is a different kind of platform that enables developers to create new types of blockchain applications. The problem with current (turing complete) dApp platforms are their complexity and rigid nature. Security holes in smart contracts and scaling issues happen frequently [9].
Valence provides transitional pathways that let businesses migrate only part of their activities to the blockchain without having to restructure their entire business model [9].
Valence will provide a spectrum of blockchain application solutions which sit along the decentralized spectrum, offering businesses simple ways to dip their toes into the blockchain at minimal risk or complexity [9].
Thanks to the proof of stake nature of the Valence blockchain, more of a node's resources can be used for processing and routing application data which makes the platform faster and scalable.
Valence aims to make building blockchain applications as accessible to the general public as WordPress or Squarespace has made building websites.
The developers NavCoin and Valence aim to make Valence extremely easy to work with:
A Valence application could be an open source mobile or web application that submits unencrypted or encrypted data directly to the blockchain. The only configuration necessary for the app developer would be setting up the data structure. Once they've done that they can start writing to the blockchain immediately.
The Valence blockchain interface is language agnostic, meaning developers are free to build applications in whichever language they're familiar with, which greatly reduces the barrier to entry.
As the platform progresses, Valence will introduce more and more smart contract templates in collaboration with the development community. These will be like plugins that users can simply select and configure for their application, without having to reinvent the wheel and risk contract errors or spend countless hours of research to program them.

NavShopper
The following information is taken from the latest weekly news: NavShopper is a new project which will allow people to spend NavCoin on a growing list of retailers and service providers. NavShopper sits between traditional retailers accepting fiat and NavCoin users and purchases products on behalf of the user by managing the crypt-fiat conversion, payment and shipping. This project will unlock many more ways for people to spend NAV on existing websites/marketplaces without requiring each site to individually accept cryptocurrencies. Some of the prototypes we are working on include crediting your Uber account, buying products on Amazon and donating to charities.

Kauri Wallet
The Kauri Wallet aims to be an open-source, multi-currency wallet which functions as a foundation for other features.

Kauri Enhanced
Enhancements to the Kauri Wallet will allow multiple accounts, pin numbers, recurring payments and more.

Kauri DAEx
The Kauri DAEx is a Decentralised Atomic Exchange that utilises the features of the Kauri Wallet and enables users to create safe peer to peer atomic exchanges for any currency supported by the Kauri Wallet. NavDelta NavDelta will be a payment gateway that allows users to spend NAV at any business which accepts currencies supported by the Kauri Wallet. NavMorph NavMorph is a fusion of Rimu and Kauri DAEx and will allow to privately send every cryptocurrency supported by the Kauri Wallet.

Outro

If you have made it this far: Congratulations! You have learned about how NAV evolved, what its current state is and what the future will bring. To sum all up: NavCoin has made incredible progress during last year and released many long awaited features despite the bear market. Many more exciting features are yet to come and it's going to be very interesting to see where we will stand on this day next year.

Giveaway

Unfortunately, the giveaway was not possible in the cryptocurrency-subreddit because of their rules, so I'm doing it here :-) As a surprise, in the next 2 hours I am going to send some NAV to everyone who wants to try out the awesome features and NavPay you read about above.
To get your NAVs, all you have to do is the following:
If you liked the experience, I'd be happy to hear back from you :)

References

[1] https://encrypt-s.com/company/
[2] https://navcoin.org/en/roadmap/
[3] https://navhub.org/get-involved/
[4] https://navhub.org/how-to-guide/
[5] https://navhub.org/assets/NavCoinDeveloperManifesto.pdf
[6] https://navhub.org/assets/NavCoinContentManifesto.pdf
[7] https://navhub.org/assets/NavCoinBrandGuidelines.pdf
[8] https://valenceplatform.org/
[9] https://valenceplatform.org/learn/business-on-the-blockchain-made-easy/
[10] https://bitcointalk.org/index.php?topic=679791.msg8320228#msg8320228
submitted by crypto_sIF to NavCoin [link] [comments]

The History, The Current State And The Future Of NavCoin

The History, The Current State And The Future Of NavCoin

This is it. If you're interested to see what NAV is all about, this is the ultimate guide for you. You will learn about the history of NavCoin and how it evolved. You will learn about the current state and features of NavCoin and you will learn about the exciting new features that are planned and coming up in the (near) future.
So buckle up, this is going to be a long ride!

Table Of Content


Introduction - What is NavCoin?


The History

Introduction
The following chapter will summarize and break down the history of NavCoin in a few sentences. NAV started a long time ago, went through rebrandings and changes of the core team before it became what it is today.

SummerCoin
NavCoin was initially first introduced under the name SummerCoin on April 23 in 2014. SummerCoin was a fork of the Bitcoin blockchain. It used to have a PoW/PoS hybrid algorithm with a block time of 45 seconds.

SummerCoinV2 /NavajoCoin
Soon after the initial launch of SummerCoin, the original developer left and SoopY (soopy452000 on bitcointalk) took over as the main developer and rebranded the project to SummerCoinV2 respectively NavajoCoin and introduced new features.
The name NavajoCoin was chosen in honor of the Navajo Code Talker. The unbreakable Navajo code was used to encrypt highly classified military information and commands and decrypt the same in WW II.
SoopY introduced a technology which allowed sending transactions anonymously and private. This technology was called "Navajo Anonymous Technology". SoopY also released a new wallet and set the Proof of Stake rewards at 10% for the first year, 5% for the second year and 2% for every year after.

NavCoin
On August 12, 2014, Craig (current lead core developer, pakage on bitcointalk) started to get involved with NAV by helping to set up a website [10].
It was officially announced that Craig joined the core team as a "Wallet & Web Developer" on November 06, 2014.
The last tokenswap and restart of the blockchain of NAV happened on May 12, 2016.
Soon later, SoopY stopped showing up and Craig stepped into the role of the lead core developer. Since then, Craig has assembled a strong team with which he built NavCoin into what it is today.
Currently, Craig and the NavCoin Core team is located in New Zealand and they are actively developing many ground-braking features which differentiate NAV from other cryptocurrencies. You will read more about that later in this article.

The Current State

Introduction
The year 2018 has been a thriving year for the NavCoin ecosystem. Despite the USD price of NAV not reflecting it, in 2018 the core team has developed a whole bunch of new features. Also the core content creators published the first official guidelines that function as an orientation guide for community content creators. This chapter will give you an overview of the current team, the features, the prior mentioned guidelines and the community of NavCoin.

Core Team [1]
Last year, the core team has grown alot. It contains of developers, content creators and interns. The core team are employees of Encrypt S, the New Zealand's leading blockchain R&D lab. Encrypt S is developing blockchain solutions since 2014 and values building open-source software highly.

Craig MacGregor - Chief Executive Officer
Craig is the CEO of Encrypt S and the founder of NavCoin. He is one of the world's most experienced blockchain developers. Craig founded NavCoin in 2014 and is developing software for it since then. He has assembled a strong team of like-minded people. Craig also speaks at seminars and conferenced. Some of the companies and conferences he did blockchain education sessions at are Oracle, Xero, Air New Zealand, Blok Tex and trademe. Together with the team, he is also doing a education series on YouTube where he explains upcoming features in-depth for the community.

Alex Vazquez - Chief Technical Officer
Alex is the CTO of Encrypt S and the most active contributor to the NavCoin core Github. He has incredible knowledge of blockchains and proposes and implements solutions for challenges and features. He supports community developers frequently and answers any questions of the community thoroughly. Like Craig, Alex is developing software for the NavCoin ecosystem for a very long time. Alex speaks at universities at times and educates students about the blockchain technology.

Paul Sanderson - Lead Software Engineer
Paul is the Lead Software Engineer at Encrypt S. He has a flair for technology. His technical and management skills are perfectly suited for consultancy and investment advising. He also frequently contributes to the NavCoin core source code.

Rowan Savage - Senior Software Engineer
Rowan is a full stack software engineer with more than a decade experience in developing complex front-end web applications. He joined Encrypt S in February 2018 and has since been involved in the Valence Plattform, the Kauri Wallet and NavCoin Core. You will read more about these feature/projects later.

Carter Xiao - Lead UX/UI Designer
Carter specializes in user-centric design and is also very talented with 3D animation, motion graphics and programming. One of NavCoins core principle is "Simplifying Crypto" and UX/UI is a very important part of that.

Matt Paul - Software Engineer
Like Rowan, Matt is a full stack Software Engineer. He joined the core team in Mai 2017 and has since worked on NavPay, NavPi, the Kauri Wallet and NavCoin Core. Kieren Hyland - Chief Strategy Officer Kieren is one of the employees that are working for Encrypt S for a very long time. He is the CSO and is a digital strategist and growth hacker with a passion for new technology and has a lot of experience in online marketing. Laura Harris - Creative Director Laura has a combination of commercial and creative flair. She manages the social media accounts for NavCoin and ensures, that NavCoins' message is always powerful, relevant and distinctive. John Darby - Content Creator John is an internationally awarded Technology and Financial sector marketing communications specialist. He is one of the Core Content Creators for NavCoin.

Features of NavCoin [2]
The following features are currently available and have been developed in the last months and years. It is sorted from newest to oldest.

Static Block Reward
The soft-fork for the enabling of static block rewards have been accepted and became active recently at 5th January 2019. This means, that the block reward was changed from a percentage based reward to a static reward. This will incentivize the stakers to have their node online 24/7 which increased the security of the network. It also aligns NavCoin with the PoSv3 specification. With this implementation, the yearly inflation will be 3.6% currently and will exponentionally decrease because of the static value of the rewards. Every staked block will now give the staker 2 NAV. Depending on how many people are staking, the yearly percentage varies. With the network weight currently being around 20'000'000 NAV, stakers earn around 10% rewards from staking 24/7.

Cold staking
To provide extra security to participants in the staking process in the NavCoin network, the core team decided to implement cold staking. This allows to store NAV offline and still be able to sign staking inputs. Looking forward, a possible integration into the Ledger Nano S would mean, that one can stake NAV securely from a offline hardware wallet. How cool is that?

OpenAlias
One of the core principle of NAV is to simplify cryptocurrencies. Many non-technical people are deterred from the long, cryptic addresses used in wallets. When sending funds, you have to make sure that every single letter and digit is correct which is nerve-wracking for the average person. NavCoin has implemented OpenAlias, which allows to transform the wallet address into a email-like form. Everyone can register a name like "[[email protected]](mailto:[email protected])". Funds can then be sent to this name, which makes sending crypto much easier and less error-prone.

Community Fund
This is the one big feature I was most excited about. NavCoin core has implemented the first fully decentralized community fund. Acceptance of proposals and release of funds is all approved by the decentralized network. No central authority has access to the fund. The community fund enables everyone to propose their ideas to the NavCoin community and to get paid to implement these ideas. Everyone can propose whatever they like (of course there is a higher rate of success if the proposal contributes to the NavCoin ecosystem ;-)). In fact, this article was sponsored by the NAV-Community by voting "yes" for my proposal. The fund works like this:
For a fee of 50 NAV, everyone can create and present his idea/proposal to the entire NavCoin network. The fee is here to help prevent spam attacks. Proposals can literally be anything - be it development, marketing or anything else you can some up with.
After creating the proposal, everyone contributing to the NavCoin network can then decide if they like the proposal of not. They vote with "Yes" or "No" for the acceptance of the proposal. Voting happens via staking. Every transaction that gets validated by you gives you one vote. This means that the more NAV you are staking, the higher your voting weight is.
The proposal stays in the state "Pending" until it is accepted or rejected. To be accepted, a proposal has to have a participation of at least 50% of all staked blocks and at least 75% of these votes have to be "Yes"-votes. Like-wise to be rejected a proposal need 50% participation of the network and 75% of these votes have to be "No"-votes. Additionally, if a proposal didn't pass after 6 voting cycles (about 6 weeks) it is also rejected.
After a proposal has been accepted, the creator of the proposal can start his work. When the work is finished, or at in the proposal defined checkpoints, the proposal creator can create a payment request for the full or part of the requested funds.
The NavCoin network can then again decide, if the work is what the creator promised to do and vote for the funds or reject the payment request because it was not what he promised. This mechanism ensures, that the funds are only release if the creator of the proposal did what he promised. The NavCoin network decides everything, there is no central authority which makes the community fund 100% decentralized.
The community fund is quite new but there have already been some proposals that were accepted like paying for the development & hosting of NAV block explorer, the creation and distribution of NAV car stickers to the community for free (or paid by the community fund), the funding of interns for NavCoin Core, translation of the website into other languages and YouTube videos. What ideas could you come up with? By the way: this article was also sponsored by the community fund :-)

Proof of Stake
Like said before, NavCoin uses the Proof of Stake algorithm to create and validate blocks. Participants of the NavCoin network can earn rewards by putting their coins to stake and thus validating blocks and securing the network. The reward used to be 4% fixed but recently changed with the implementation of PoSv3. Currently, rewards for stakers that are staking 24/7 is about 10% but it is dependent on how many people are staking. If more nodes come online, this reward will go down. If 90% of all NAVs would be at stake, stakers would still earn 4%.

Tutorials And Guidelines [3]
The NavCoin Core team pushes the community to contribute to the NavCoin ecosystem constantly. They emphasize that NavCoin is an open source project and everyone can contribute. The team tries to make it as easy as possible for the average person to contribute and thus created different tutorials and guidelines.

Tutorials To Contribute To The Website
The whole website is open source. Everyone can contribute to the website. The team created different guides for people to follow [4].

The NavCoin Developer Manifesto
The content creator core team has build a developer manifesto. It defines the values that should be uphold like for example that they will always operate in the best interest of the network. If defines the principles, purposes, scope of involvement and operational requirements [5].

The NavCoin Content Creation Manifesto
Similar to the developer manifesto, there is also a content creation manifesto. Again it defines the principles for creating content, the purpose, the scope of involvement and the operational requirements [6].

NavCoin Brand Guidelines
In addition to the content creation manifesto, there is also a brand guideline booklet. This should help content creators to create images, videos, articles etc. in the same style as the core team. It defines the NAV brand. The brand guidelines contain definitions, the language to use (words to use, words not to use), the tone of voice, what the community aspires to be and what we discourage to be. It also contains the logo pack which can be used in graphics etc. It describes correct logo spacing, logo placement, the colors of NAV and different web assets. It gives tips about gradients and overlays, the typefaces (with a font pack) and many more. Check it out yourself [7].

NavCoin Educational Series
The core team has decided to actively involve the community in the creation of new features. For this reason and to allow users to ask questions, they created the NavCoin Educational Series. The core team schedules an online live meetup which can be joined by everyone. On YouTube they do live-streams and explain upcoming features. Examples of these series are explanations for cold staking, static rewards (PoSv3) and the community fund. The community can ask questions live and the core team will answer them immediately.

Community
During the last year there have been an influx of software developers from the community starting to create features for NAV.

navexplorer.com
An examples is navexplorer.com which is programmed by community developer prodpeak and is a block explorer for NavCoin. Additionally, it functions as a interface to see what is going on in the community fund. It shows pending proposals and payment requests.

NEXT Wallet
The NEXT Wallet is an alternative wallet for NAV and other cryptocurrencies. It has a beautiful user interface and is additionally the easiest interface to interact with the community fund (create proposals, create payment requests and vote for proposals and payment requests). It is programmed by community developer sakdeniz who put hundreds of hours into it during last year.

There were also some marketing activities starting to emerge with the release of the community fund. Some of these were for example free stickers for everyone in the NAV community to stick to their car / shop / window etc. or YouTube videos of CryptoCandor and Cryptomoonie that explained the details of NAV. I am sure, that with the 500'000 NAV available in the community fund per year there will be an influx of gread ideas - development as well as marketing activities - that will be funded.

The Future

Introduction
These features are planned for the future. Many of the following features are part of the 2019 roadmap. Some will not be described in great detail because not much is known about them yet. I've still listed them as they are part of what is yet to come.

Features
Rimu - Improved Privacy Solution
NavCoin used to be a optional privacy coin. That means, that you could choose to send a transaction in private. NavCoin was criticized for the way it handles private payments because it relied on a few servers which didn't make it that decentralized. The technology was called "NavTech" and was a secondary blockchain that obscured the transaction and the amount that was sent. NavCoin Core is currently developing a new improved privacy solution that will make the private payment system completely trustless and districuted and runs at a protocol level. Alex of the NavCoin Core team has published a paper that describes this new privacy solution. It's called Zero Confidential Transactions and can be found here: https://www.researchgate.net/publication/330366788_ZeroCT_Improving_Zerocoin_with_Confidential_Transactions_and_more. What I want to highlight is the collaboration between Alex as the proposer of the solution and the Veil team, a Bitcoin Core developer and Moneros main cryptographer as reviewers. When the best work together, it will be interesting to see what the outcome is!

Valence Plattform [8]
Valence is an applied Blockchain platform that can help businesses realise the tangible benefits of blockchain. You can think of Valence as a platform with which you can build Anonymous Distributed Applications (aDapps) with. But Valence is a different kind of platform that enables developers to create new types of blockchain applications. The problem with current (turing complete) dApp platforms are their complexity and rigid nature. Security holes in smart contracts and scaling issues happen frequently [9].
Valence provides transitional pathways that let businesses migrate only part of their activities to the blockchain without having to restructure their entire business model [9].
Valence will provide a spectrum of blockchain application solutions which sit along the decentralized spectrum, offering businesses simple ways to dip their toes into the blockchain at minimal risk or complexity [9].
Thanks to the proof of stake nature of the Valence blockchain, more of a node's resources can be used for processing and routing application data which makes the platform faster and scalable.
Valence aims to make building blockchain applications as accessible to the general public as WordPress or Squarespace has made building websites.
The developers NavCoin and Valence aim to make Valence extremely easy to work with:
A Valence application could be an open source mobile or web application that submits unencrypted or encrypted data directly to the blockchain. The only configuration necessary for the app developer would be setting up the data structure. Once they've done that they can start writing to the blockchain immediately.
The Valence blockchain interface is language agnostic, meaning developers are free to build applications in whichever language they're familiar with, which greatly reduces the barrier to entry.
As the platform progresses, Valence will introduce more and more smart contract templates in collaboration with the development community. These will be like plugins that users can simply select and configure for their application, without having to reinvent the wheel and risk contract errors or spend countless hours of research to program them.

NavShopper
The following information is taken from the latest weekly news: NavShopper is a new project which will allow people to spend NavCoin on a growing list of retailers and service providers. NavShopper sits between traditional retailers accepting fiat and NavCoin users and purchases products on behalf of the user by managing the crypt-fiat conversion, payment and shipping. This project will unlock many more ways for people to spend NAV on existing websites/marketplaces without requiring each site to individually accept cryptocurrencies. Some of the prototypes we are working on include crediting your Uber account, buying products on Amazon and donating to charities.

Kauri Wallet
The Kauri Wallet aims to be an open-source, multi-currency wallet which functions as a foundation for other features.

Kauri Enhanced
Enhancements to the Kauri Wallet will allow multiple accounts, pin numbers, recurring payments and more.

Kauri DAEx
The Kauri DAEx is a Decentralised Atomic Exchange that utilises the features of the Kauri Wallet and enables users to create safe peer to peer atomic exchanges for any currency supported by the Kauri Wallet. NavDelta NavDelta will be a payment gateway that allows users to spend NAV at any business which accepts currencies supported by the Kauri Wallet. NavMorph NavMorph is a fusion of Rimu and Kauri DAEx and will allow to privately send every cryptocurrency supported by the Kauri Wallet.

Outro

If you have made it this far: Congratulations! You have learned about how NAV evolved, what its current state is and what the future will bring. To sum all up: NavCoin has made incredible progress during last year and released many long awaited features despite the bear market. Many more exciting features are yet to come and it's going to be very interesting to see where we will stand on this day next year.

Giveaway

Unfortunately, the giveaway was not possible in the cryptocurrency-subreddit because of their rules, so I'm doing it here :-) As a surprise, in the next few hours I am going to send some NAV to everyone who wants to try out the awesome features you have read about above.
To get your NAVs, all you have to do is the following:
If you liked the experience, I'd be happy to hear back from you :)

References

[1] https://encrypt-s.com/company/
[2] https://navcoin.org/en/roadmap/
[3] https://navhub.org/get-involved/
[4] https://navhub.org/how-to-guide/
[5] https://navhub.org/assets/NavCoinDeveloperManifesto.pdf
[6] https://navhub.org/assets/NavCoinContentManifesto.pdf
[7] https://navhub.org/assets/NavCoinBrandGuidelines.pdf
[8] https://valenceplatform.org/
[9] https://valenceplatform.org/learn/business-on-the-blockchain-made-easy/
[10] https://bitcointalk.org/index.php?topic=679791.msg8320228#msg8320228
submitted by crypto_sIF to CryptoCurrency [link] [comments]

Incredible Merebel Investment Ecosystem

Incredible Merebel Investment Ecosystem

Merebel
I’m a motivated Merebel Investor since the beginning, so I will give my best to introduce you to this awesome investment possibility!
Merebelis an innovative Masternode cryptocurrency and unique international financial ecosystem based in Austria! Merebel developed the first EU-regulated Crypto bank with a wide range of investment services for Masternode cryptocurrencies! With this fair and innovative financial system. Merebel is a global player of the whole emerging banking industry for blockchain technology! The Merebel-Ecosystem is designed for investments and makes passive income possible for everyone. Merebel CryptocurrencyRebelNode VIP Investment Platform RebelNode Multi Investment Platform for earning Bitcoin.
Masternode hosting All-Inclusive-Service
Merebel Blockchain Bank 3.0
MasterMERIcard debit card
Support for the most important Masternodes
Affiliate Multi-Level-Marketing Platform
Robust safety system for a smart future-proof financial system
Merebel coin will be the cornerstone of a modern Bank with masternode rewards as interest rates, so we want to use Masternode rewards as a residual income and means of payment in every day´s life. Now there are two incredible investment platforms 1. The RebelNode Masternode platform for earning Merebel coin and the new Multi-Masternode platform for earning Bitcoin. With their all-inclusive masternode service, gives investors the opportunity to invest without much effort.

https://preview.redd.it/akd7rbuv9gl31.png?width=649&format=png&auto=webp&s=fcbfc0664de16c9d38fb830e04a212c52b1fe19d
Merebelis one of the strongest open-source Masternode blockchain currency in 2019 and offering ultra-fast transactions and low fees anonymously by combining a state-of-the-art decentralized solution and treasury management for governance.
Headquartered in Europe and backed with leading exceptional professionals Blockchain and Financial specialists.
The project has at this time a market cap of around 2,500,000$.
This was a little overview of the Merebel company.
Now I will explain the new and second awesome Blockchain investment Platform from Merebel.
To make things further exciting, the new platform launched by the Merebel program started at 08-08-2019 with 161,000$ market cap in the first month as per 04-09-2019 showing the success and enthusiasm of the team.
Merebel is in the Beta phase and offers a lucrative series of traditional masternode investments with an automated bitcoin reward exchange with its real-time decentralized Blockchain ecosystem. So now, earning bitcoin via setting up masternode technology is just a few clicks away.
The platform setup is quite easy which starts with register, invest with Bitcoin and choosing a Masternode package.
After this, you have invested in an all-inclusive service and Merebel will do the rest for you!
>automatic Masternode setup with high-tech-server hosting in few minutes > earning lifetime Masternode rewards > automatic Merebel to Bitcoin exchange > earn Bitcoins in your wallet.
https://preview.redd.it/fqvsjfmy9gl31.png?width=1122&format=png&auto=webp&s=f0625cf0adb3b281e36fd93a6557b6b540905d7c

https://preview.redd.it/7d7uoavx9gl31.png?width=1128&format=png&auto=webp&s=1642baf4ad9e3cafde5e41fe33b6b1852a71c5c0
Contrary to different masternode platform, Merebel offers real-time reward in bitcoin and the conversions happen within 8 hours to exchange your rewards.
Merebel will also offer more high-quality masternodes for its investors in the near future, but that’s not all!
They will also offer an investment package like a masternode pool whereby the user would get the average return of all underlying coins in the platform converted in bitcoin.
Next step for the year 2020 is a real estate crypto bank by Merebel where the masternode rewards can be converted into fiat earnings.
And the platform is not just limited to only masternode rewards, rather offers a series of multi-cashflow streams whereby a user can earn money via;
  • Various Masternode reward in Bitcoin. choose your Masternode package and earn Bitcoins
  • Masternode Pool rewarded with an automated Bitcoin exchange – an investment package where you can invest in all the different available Masternodes, and the average profit is automatically split between the investors.
  • Bitcoin wallet – The Merebel platform offers a real interlinked Bitcoin wallet as well for long term investors to keep their earnings saved.
  • MasterMERIcard – earn rewards in Fiat with your own debit card.
  • Affiliate Multi-Level-Marketing Business plan
  • Initial Investment Requirement
So now, since the benefits have been discussed, here comes the initial investment part which can be further investigated here. Merebel currently offers three different investment programs which are mentioned below;
  • Starter Node: Initial investment requirement ~BTC/USD 500
  • Silver Node: Initial investment requirement ~BTC/USD 1,500
  • Gold Node: Initial investment requirement ~BTC/USD 3,000
The investment can be done in Bitcoin (depending upon the price of your chosen Masternode coin at the time of investment) \*
Now I will introduce you to the Merebel Partner compensation plan
Merebel MLM Business Plan
While the underlying coin offers returns on top of the capital appreciation of Merebel; the platform also offers an affiliate Multi-Level-Marketing plan whereby a user can have infinity sub-distributors under them. The Merebel business distribution plan is a fair distribution system whereby users can increase their bitcoins by referring other people to their investments and more.
1) Multi-level commissions, 2) Sponsor bonus, 3) Masternode reward bonus, 4) Rank advancement bonus 5) Leadership bonus pool
  • Multi-level commissions
Merebel MLM has unlimited infinity direct partners under the first level and goes up to 10 levels deep.
(The percentage are calculated by the total masternode package investment.)
The distribution of income till the 10th level is mentioned below;
MLM Commission Distribution
https://preview.redd.it/6ni0vkbo9gl31.jpg?width=1051&format=pjpg&auto=webp&s=55aa1503f2ddfd02d37bef2a3b64b76493ca7fbc
  • Sponsor bonus
Under the sponsor bonus program, Merebel investors can earn from his direct partners 5% commission.
  • Masternode reward bonus
The third cash flow stream from Merebel comes in the form of masternode reward bonus. This happens when your referral partner intends to set up a masternode. As per the management guidelines, as user signup for masternode, the referee immediately gets the bonus from all his Masternode reward in the form of bitcoin up to 7% depending upon your rank.

  • Rank advancement
As the profile of each investor strengthens up, Merebel would increase its rank automatically and based on that, the Masternode commission reward bonus percentage would also go up.
The rank and point table scores are mentioned below;

https://preview.redd.it/6wrju5cn9gl31.jpg?width=1049&format=pjpg&auto=webp&s=2ed76f2ccf42da8e43eab31df4f226b642e436a5
  • Leadership bonus pool
As the rank of the users would come under top-ranked profiles, Merebel would compensate such investors additionally by offering leadership pool bonuses and would also share a percentage of quarterly sales. The percentage of sales reward is mentioned below.

https://preview.redd.it/7owhdafk9gl31.jpg?width=754&format=pjpg&auto=webp&s=516d1ec910fef9b4d88a021acf085c142a5a574d

https://preview.redd.it/uiibsfos9gl31.jpg?width=1920&format=pjpg&auto=webp&s=500c9a60d679f80e1cdf980fd723d46c2b613f97
submitted by msikanderaly to u/msikanderaly [link] [comments]

What is stable coin USDT USDT GSUD USDQ

What are Stable Coins? USDT, TUSD, GUSD, USDC and USDQ
In this article, Slava Mikhalkin talks about USDQ, a fully algorithmic stablecoin that offers reliability and easy collateralization for Bitcoin. Working as a Blockchain Architect with PLATINUM ENGINEERING, Slava collaborates within the +200-employee team to develop bleeding edge solutions in white-label wallets, STOs and IEOs fundraising platforms, and full-cycle business models for crypto projects. A key value proposition, brought by PLATINUM ENGINEERING, is a holistic approach, where a versatile talent pool helps startups build up capabilities in IT, marketing and legal. A unique decentralized stablecoin USDQ features various price stabilization algorithms, an intricate system of incentives for traders and AI-driven predictive analytics module. This novel stablecoin is worth noting while it’s still gathering steam.
Foreword
It's clear that cryptocurrencies are gradually making inroads into the global economy, moving closer to mass adoption. Cryptocurrencies offer a number of advantages - decentralization and trust, lower commissions and disintermediation - that make it easier for users to carry out their daily transactions. Anybody can transfer value around the globe, winning from fast processing time.
In comparison, sending value across borders via legacy financial systems requires lengthy waiting periods and fees, while also making users stuck into highly complex processes. For instance, if a person from Japan wants to send some money to England, the fees can range anywhere from 5% up to 10%, depending on the system being used. In addition, there will be some currency conversion fees. It seems that centralized players, currently enjoying lack of competition, set up fees and commissions just as they wish.
And it's merchants that carry out cross-border transactions that find working with legacy finance institutions most troublesome. They keep losing hefty chunks from their potential profits, just paying out fees to payment processors. This makes businesses hike up their prices, passing these expenses to ordinary consumers. Crypto offers a paradigm shift change, bringing to the table lightning speeds and lower fees. Although cryptocurrencies have been winning more and more attention from merchants worldwide, there's still a number of roadblocks to wider adoption, among which are price volatility, scalability limitations and others.
Volatility is admittedly the biggest hurdle that prevents businesses from using cryptocurrencies more. Bitcoin can experience huge fluctuations in just a matter of hours or even minutes. In addition, major coins like Bitcoin and Ethereum present scalability issues, which results in high processing time. A merchant, who has to handle hundreds of payments on a daily basis, would not be able to conduct their business efficiently if transactions get stuck for days on end. On top of that, it's extremely hard for adopters to convert cryptocurrencies into fiat via the banks and other financial agents they usually work with.
Cryptocurrencies seek to offer solutions to all of these issues.
What is stablecoin?
A stablecoin is a cryptocurrency, whose architecture enables its price to always equal the price of another asset. Most of the stablecoins are pegged to USD. The biggest names in cryptocurrencies are Tether, Gemini Dollar, USDQ, TUSD and others.
submitted by Kamla88 to STP_Networks [link] [comments]

New dai explainer website aimed for beginners

As promised a couple of weeks ago, I created a simple, minimal consumer-facing explainer site for Dai. The idea is to explain the very basics to a crowd that is likely not a crypto expert, in other words - not people who are likely to own ETH and feel comfortable with opening a CDP.
I created a couple of websites; what's there now is just a first step but hopefully already helpful:
It's a free resource. I wanted to share this here in hope the community finds it useful. Feedback is of course welcome :)
Longer background and notes follow if you're interested:
I originally wanted to create a fiat on/off ramp for Dai, but since I didn't see a way to make it a viable business (I want the fees to be minimal), I figured I'd at least create a community resource to promote Dai.
Please feel free to write me:
Some ideas I have for the future:
I considered making this open source, but since I have no idea how I'm going to evolve this in the future - perhaps it'd be a viable business someday - it feels unfair to encourage anyone to contribute to content that may end up being used by a business. I do promise this resource will always be ethical, honest and to the benefit of the community - but that does not preclude it being a business someday... Or not. Lol.
Feedback welcome! Please remember, this is a project worked on my free time, not a money-making endeavor. Hopefully it's still helpful. Thank you :)
submitted by itamarro to MakerDAO [link] [comments]

Stable Coins

What are Stable Coins? USDT, TUSD, GUSD, USDC and USDQ
In this article, Slava Mikhalkin talks about USDQ, a fully algorithmic stablecoin that offers reliability and easy collateralization for Bitcoin. Working as a Blockchain Architect with PLATINUM ENGINEERING, Slava collaborates within the +200-employee team to develop bleeding edge solutions in white-label wallets, STOs and IEOs fundraising platforms, and full-cycle business models for crypto projects. A key value proposition, brought by PLATINUM ENGINEERING, is a holistic approach, where a versatile talent pool helps startups build up capabilities in IT, marketing and legal. A unique decentralized stablecoin USDQ features various price stabilization algorithms, an intricate system of incentives for traders and AI-driven predictive analytics module. This novel stablecoin is worth noting while it’s still gathering steam.
Foreword
It's clear that cryptocurrencies are gradually making inroads into the global economy, moving closer to mass adoption. Cryptocurrencies offer a number of advantages - decentralization and trust, lower commissions and disintermediation - that make it easier for users to carry out their daily transactions. Anybody can transfer value around the globe, winning from fast processing time.
In comparison, sending value across borders via legacy financial systems requires lengthy waiting periods and fees, while also making users stuck into highly complex processes. For instance, if a person from Japan wants to send some money to England, the fees can range anywhere from 5% up to 10%, depending on the system being used. In addition, there will be some currency conversion fees. It seems that centralized players, currently enjoying lack of competition, set up fees and commissions just as they wish.
And it's merchants that carry out cross-border transactions that find working with legacy finance institutions most troublesome. They keep losing hefty chunks from their potential profits, just paying out fees to payment processors. This makes businesses hike up their prices, passing these expenses to ordinary consumers. Crypto offers a paradigm shift change, bringing to the table lightning speeds and lower fees. Although cryptocurrencies have been winning more and more attention from merchants worldwide, there's still a number of roadblocks to wider adoption, among which are price volatility, scalability limitations and others.
Volatility is admittedly the biggest hurdle that prevents businesses from using cryptocurrencies more. Bitcoin can experience huge fluctuations in just a matter of hours or even minutes. In addition, major coins like Bitcoin and Ethereum present scalability issues, which results in high processing time. A merchant, who has to handle hundreds of payments on a daily basis, would not be able to conduct their business efficiently if transactions get stuck for days on end. On top of that, it's extremely hard for adopters to convert cryptocurrencies into fiat via the banks and other financial agents they usually work with.
Cryptocurrencies seek to offer solutions to all of these issues.
What is stablecoin?
A stablecoin is a cryptocurrency, whose architecture enables its price to always equal the price of another asset. Most of the stablecoins are pegged to USD. The biggest names in cryptocurrencies are Tether, Gemini Dollar, USDQ, TUSD and others.
How do stablecoins manage to be so stable?
As opposed to other coins that float freely, stable cryptocurrencies require that each unit is backed with a unit of the fiat currency. For instance, Tether (USDT) pegs 1 USDT to 1 USD on the one-to-one basis. In this way, stablecoins are somewhere between cryptocurrencies and regular fiats. Tether is based on its own blockchain that is built on top of Bitcoin, Litecoin and Ethereum systems.
Although Tether is the biggest stablecoin, there's a number of concerns as to its operations. The biggest one is the continuing controversy as to the fiat reserves, which the issuer is supposed to store on the one-to-one ratio to the number of issued Tether units. The company has been saying that the audit will be done in the near future, but just several weeks ago it started to claim that it's not only the cash, but also loans to other companies that can be recorded as fiat reserves. These statements resulted in growing distrust among crypto enthusiasts.
Another project is TrueUSD (TUSD). It also pegs to USD. The difference with Tether is the openness to audits and transparency. The company is open to third-party audits, it publishes the duly verified reports on the fiat reserves it holds. In addition, users enjoy legal protections.
USDC is another stablecoin that was created by the famous cryptocurrency exchange Circle. Just as TUSD, if offers regulatory compliance and transparency. The big problem about all these systems is the fact that they enable authorities to seize users’ funds, which completely negates the very idea of decentralization and anti-censorship, on which crypto is built.
USDQ is different from other stablecoins as it's not backed by the fiat currency, but by Bitcoin and other top-10 cryptocurrencies in the future. This enables the ecosystem to avoid dealing with legacy financial systems. Through the overcollateralization process, USDQ turns highly volatile cryptocurrencies into the USD-pegged USDQ that is perfect for storing value and processing transactions in the external economy without any risk of price changes. The coin is being developed by PLATINUM ENGINEERING with the small community slowly growing around the project. Why do we need stablecoins?
Stablecoins have advanced as a new iteration on cryptocurrencies, enabling to address such issues as high volatility and interactions with legacy financial systems.
Coins like USDQ make sure that various mechanisms are used in order to stabilize the prices at the USD peg. Traders can easily change their Bitcoins into USDQ and thus prevent the negative impact on unwanted prices changes. Stablecoins are very easy to use, which is a boon for non-techy adopters. Any person from around the world can quickly convert fiats into stablecoins, without any need to think about future price changes and without worrying about potential risks for losing their funds. As a rule, you'll always find various stablecoins on crypto exchanges, enabling traders to quickly move around stables and other cryptos.
As we've spoken above, cross-border payments win most from using the stablecoins. This hybrid species between fiat and crypto will help open up the hidden value in global trade, amounting to trillions of dollars in profits for stakeholders.
USDQ is decentralized stablecoin, which uses algorithms to offer higher stability and reliability. Fully on-chain and monitored by high-speed AI robots, ecosystem offers reliable defences against malicious acts and attacks. First run in line of fiat-pegs, USDQ is brought by PLATINUM ENGINEERING Team, looking to edge together innovative solutions in collateralization, using stabilizing mechanisms and oracles for high-endurance stablecoins. Fully anonymous, USDQ breaks limits out of this legacy world.
PLATINUM ENGINEERING openly shares about its development and vectors for growth, enabling stakeholders to learn about cutting-edge solutions in the blockchains/crypto domain. PLATINUM ENGINEERING has already helped over 150 crypto projects to grow through emerging blockchain economy of the future. Businesses would be amazed at new capabilities they can obtain through tokenizing their business models, automating routine business processes and drawing investors on crypto markets. The team welcomes the community to contact directly via the official groups in Telegram, Facebook or LinkedIn. Readers will learn how to obtain new competitive advantages by tapping into blockchain in their blog.
submitted by FlashConstruct to CryptoCurrency [link] [comments]

What are Stable Coins? USDT, TUSD, GUSD, USDC and USDQ

In this article, Slava Mikhalkin talks about USDQ, a fully algorithmic stablecoin that offers reliability and easy collateralization for Bitcoin. Working as a Blockchain Architect with PLATINUM ENGINEERING, Slava collaborates within the +200-employee team to develop bleeding edge solutions in white-label wallets, STOs and IEOs fundraising platforms, and full-cycle business models for crypto projects. A key value proposition, brought by PLATINUM ENGINEERING, is a holistic approach, where a versatile talent pool helps startups build up capabilities in IT, marketing and legal. A unique decentralized stablecoin USDQ features various price stabilization algorithms, an intricate system of incentives for traders and AI-driven predictive analytics module. This novel stablecoin is worth noting while it’s still gathering steam. Foreword It's clear that cryptocurrencies are gradually making inroads into the global economy, moving closer to mass adoption. Cryptocurrencies offer a number of advantages - decentralization and trust, lower commissions and disintermediation - that make it easier for users to carry out their daily transactions. Anybody can transfer value around the globe, winning from fast processing time. In comparison, sending value across borders via legacy financial systems requires lengthy waiting periods and fees, while also making users stuck into highly complex processes. For instance, if a person from Japan wants to send some money to England, the fees can range anywhere from 5% up to 10%, depending on the system being used. In addition, there will be some currency conversion fees. It seems that centralized players, currently enjoying lack of competition, set up fees and commissions just as they wish. And it's merchants that carry out cross-border transactions that find working with legacy finance institutions most troublesome. They keep losing hefty chunks from their potential profits, just paying out fees to payment processors. This makes businesses hike up their prices, passing these expenses to ordinary consumers. Crypto offers a paradigm shift change, bringing to the table lightning speeds and lower fees. Although cryptocurrencies have been winning more and more attention from merchants worldwide, there's still a number of roadblocks to wider adoption, among which are price volatility, scalability limitations and others. Volatility is admittedly the biggest hurdle that prevents businesses from using cryptocurrencies more. Bitcoin can experience huge fluctuations in just a matter of hours or even minutes. In addition, major coins like Bitcoin and Ethereum present scalability issues, which results in high processing time. A merchant, who has to handle hundreds of payments on a daily basis, would not be able to conduct their business efficiently if transactions get stuck for days on end. On top of that, it's extremely hard for adopters to convert cryptocurrencies into fiat via the banks and other financial agents they usually work with. Cryptocurrencies seek to offer solutions to all of these issues. What is stablecoin? A stablecoin is a cryptocurrency, whose architecture enables its price to always equal the price of another asset. Most of the stablecoins are pegged to USD. The biggest names in cryptocurrencies are Tether, Gemini Dollar, USDQ, TUSD and others. How do stablecoins manage to be so stable? As opposed to other coins that float freely, stable cryptocurrencies require that each unit is backed with a unit of the fiat currency. For instance, Tether (USDT) pegs 1 USDT to 1 USD on the one-to-one basis. In this way, stablecoins are somewhere between cryptocurrencies and regular fiats. Tether is based on its own blockchain that is built on top of Bitcoin, Litecoin and Ethereum systems. Although Tether is the biggest stablecoin, there's a number of concerns as to its operations. The biggest one is the continuing controversy as to the fiat reserves, which the issuer is supposed to store on the one-to-one ratio to the number of issued Tether units. The company has been saying that the audit will be done in the near future, but just several weeks ago it started to claim that it's not only the cash, but also loans to other companies that can be recorded as fiat reserves. These statements resulted in growing distrust among crypto enthusiasts. Another project is TrueUSD (TUSD). It also pegs to USD. The difference with Tether is the openness to audits and transparency. The company is open to third-party audits, it publishes the duly verified reports on the fiat reserves it holds. In addition, users enjoy legal protections. USDC is another stablecoin that was created by the famous cryptocurrency exchange Circle. Just as TUSD, if offers regulatory compliance and transparency. The big problem about all these systems is the fact that they enable authorities to seize users’ funds, which completely negates the very idea of decentralization and anti-censorship, on which crypto is built. USDQ is different from other stablecoins as it's not backed by the fiat currency, but by Bitcoin and other top-10 cryptocurrencies in the future. This enables the ecosystem to avoid dealing with legacy financial systems. Through the overcollateralization process, USDQ turns highly volatile cryptocurrencies into the USD-pegged USDQ that is perfect for storing value and processing transactions in the external economy without any risk of price changes. The coin is being developed by PLATINUM ENGINEERING with the small community slowly growing around the project. Why do we need stablecoins? Stablecoins have advanced as a new iteration on cryptocurrencies, enabling to address such issues as high volatility and interactions with legacy financial systems. Coins like USDQ make sure that various mechanisms are used in order to stabilize the prices at the USD peg. Traders can easily change their Bitcoins into USDQ and thus prevent the negative impact on unwanted prices changes. Stablecoins are very easy to use, which is a boon for non-techy adopters. Any person from around the world can quickly convert fiats into stablecoins, without any need to think about future price changes and without worrying about potential risks for losing their funds. As a rule, you'll always find various stablecoins on crypto exchanges, enabling traders to quickly move around stables and other cryptos. As we've spoken above, cross-border payments win most from using the stablecoins. This hybrid species between fiat and crypto will help open up the hidden value in global trade, amounting to trillions of dollars in profits for stakeholders. USDQ is decentralized stablecoin, which uses algorithms to offer higher stability and reliability. Fully on-chain and monitored by high-speed AI robots, ecosystem offers reliable defences against malicious acts and attacks. First run in line of fiat-pegs, USDQ is brought by PLATINUM ENGINEERING Team, looking to edge together innovative solutions in collateralization, using stabilizing mechanisms and oracles for high-endurance stablecoins. Fully anonymous, USDQ breaks limits out of this legacy world. PLATINUM ENGINEERING openly shares about its development and vectors for growth, enabling stakeholders to learn about cutting-edge solutions in the blockchains/crypto domain. PLATINUM ENGINEERING has already helped over 150 crypto projects to grow through emerging blockchain economy of the future. Businesses would be amazed at new capabilities they can obtain through tokenizing their business models, automating routine business processes and drawing investors on crypto markets. The team welcomes the community to contact directly via the official groups in Telegram, Facebook or LinkedIn. Readers will learn how to obtain new competitive advantages by tapping into blockchain in their blog
submitted by lhei28 to ico [link] [comments]

How To Create A Bitcoin Address Validation Form Bitcoin Rocket - YouTube INTRODUCTION TO ELECTROCHEMISTRY. - YouTube Python currency conversion program for beginners - YouTube Bitcoin Currency Converter precio actual

Bitcoin (BTC) United States Dollar "$" (USD) 1 Bitcoin (BTC) = United States Dollar "$" (USD) Refresh Save This Conversion. Popular Cryptocurrency Conversions. BTC to USD; BTC to AUD; BTC to BRL; BTC to CNY; BTC to GBP; BTC to INR; BTC to JPY; BTC to KRW; BTC to RUB; ETH to USD; ETH to AUD ; ETH to BRL; ETH to CNY; ETH to GBP; ETH to INR; ETH to JPY; ETH to KRW; ETH to RUB; XRP to USD; XRP to ... Convert BTC to USD Get live Bitcoin to US Dollar conversion rates, historical prices & charts for BTC to USD with our cryptocurrency calculator. Amount. To. BTC. Bitcoin. To. USD. US Dollar. 1 BTC = 13,128 USD. 1 BTC = 13,128 USD. 1 USD = 0.00007617 BTC. Buy Bitcoin. Bitcoin to US Dollar conversion rate is calculated live based on data from multiple exchanges. Last update was less than a ... Get the Bitcoin price in USD, ... Coinbase, or CEX.io, use the Bitcoin price table below. * Average Price Index is a weighted average of bitcoin prices across the most used global exchanges. ** All non-USD exchange rates and currency conversions are based on rates obtained via fixer.io 📈 Bitcoin price table. You can use the Bitcoin price table as an easy reference to have a complete, up-to ... Convert Bitcoins to American Dollars with a conversion calculator, or Bitcoins to Dollars conversion tables. Compare money transfer services, compare exchange rates and commissions for sending money from Bitcoin to United States. Also, view Bitcoin to Dollar currency charts. Conversion from United States dollar to Bitcoin can be done at current rates as well as at historical rates – to do this, select the desired exchange rate date. Today’s date is set by default ...

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How To Create A Bitcoin Address Validation Form

Bitcoin currency converter para saber el precio actual, Dolares, Euros, Pesos, Libras, bolívar con la calculadora de esta criptomoneda de forma gratis sin registro en la pagina web. http ... Hi I'm Bipin and this is my bitcoin earning youtube channel. where you can learn about bitcoin wallet, bitcoin trading, bitcoin mining, free bitcoin earning ... #Program for convering pound into Euro print("Converting Pound into Euro") print() # This just to print empty place for neat looking pound = int(input("Pleas... Add and Calculate All Currencies in Real time in Excel Sheet also update currency.. Click here for more detail... http://www.bsocialshine.com/2016/04/how-to-... Mind the results table: according to the estimation, your hardware will break even in 12 days, and then continue to offer you a profit. Result: Congratulations! You have learned how to use a ...

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