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You may be in quarantine, but that doesn’t mean we aren’t! For those who don’t know, every month this subreddit makes a millionaire out of one comment, and donates. With danger out and about, take some time and comment to enter! [Drawing Thread #52]

I thought this year would be a lot more normal.

Introduction:
Welcome to anyone and everyone coming from /popular. To be honest, I probably should've expected this, given that most of us are staying home.
For those who aren't familiar: every month, we ask for comments for entry, and we pick one who represents our winner. This process is completely random and verifiable, using the Bitcoin blockchain as a sophisticated die. Following this, people then donate to the winner using a variety of mediums, and the winner would go on to be a "millionaire" (arguably, our definition of that term is pretty loose).
So once again, thank you for your support. The post lasts for 24 hours before getting locked, so make sure you place your comment before 7 PM ET. In addition, I may make a [Part 2] if we reach the limit. If that happens, I will sticky a comment on this post temporarily. Let's make a millionaire!
In Case You Missed It:

Information

  • REQUIRED: Leave only one (1) top level comment in reply to this thread! (Replying to other comments will not qualify. You must be thirty days old or older to comment.)
  • A random user who commented will be chosen, and everyone donates a dollar to make a millionaire.
  • February 19 at 7:00 PM ET (epoch timestamp: 1582153200 (a bit tricky taking DST into consideration, it’s been updated)) is the cutoff for accounts. If you have created your account after this point, you are not eligible to enter and your submission will be disqualified automatically.
  • March 22 at 12:00 PM ET (epoch timestamp: 1584892800) will begin the process of selecting the winner. At this time, the [Draw] post will be online and start the process of waiting for the blockchain, in order to select the winner randomly and verifiably.
  • If you'd like to be reminded to donate to the winner through PM via the RemindMeBot, click here! You can also be reminded by commenting in the thread: "RemindMe! 3 days Donation for /millionairemakers".
  • That's it! If you would like to see the extended rules and FAQs, or if you have questions yourself, click here to be redirected to the thread! Additionally, look out for the stickied post at /millionairemakersmeta. You are welcome to spread this thread via upvoting, telling friends and family, and sharing on social media!

Major Announcements

Mini Survey:
NOTE: A Google account is required to respond to hinder tampering, but you are not obligated to answer.
So I’ve been thinking about this for a while: people are not having pleasant experiences with PayPal. If the account isn’t blocked, then there are issues with fees, fear of the seizure of funds, and the risk of revealing personally identifiable information. However, it is the largest platform used by /MillionaireMakers, and is the provider of most donations on this subreddit.
This survey is purely to see how people feel about this. Unless if the winner chooses to not accept PayPal, we will continue to offer this service for tonight’s thread.
My questions are:
1) How would you feel about a ban on the PayPal service here on /MillionaireMakers?
2) Would removing PayPal as a service affect your ability to donate?
3) Should /MillionaireMakers remove PayPal?
I will periodically post results here. If you are interested in responding, please answer here, answers will not be accepted at the time the [Draw] is posted: https://docs.google.com/forms/d/e/1FAIpQLSffkP3SKdTi9lLPbtO8taG4_-cdctYlAf8SvohvzoJvTOYdhw/viewform?usp=sf_link
Drawing Process Mini-Update:
This is as short as they come, leroy627 has made a commit to the repository that adds backwards-compatibility up to Python 3.5. Procedure will be run with the following conditions: the first comment of duplicates are kept for the month of March, and any ineligible comments will be removed.
If you are interested in more information, see [Drawing Thread #51]: https://reddit.com/millionairemakers/comments/f7jdxz/alright_were_getting_back_into_the_flow_happy/

Conclusion

Sunday at 12 PM ET (16 UTC), we will be picking our winner, and you won’t want to miss it. The post will be labeled [Draw], and one comment will be selected out of the many made here to make a winner!
Remember, this is about generosity, making an impact, and uniting to make someone's life better. It takes three minutes to donate a bit to the winner, whether you're well off and want to donate a couple bucks, or going through tough times and can only donate a few coins. Every cent makes cents, and counts!
If a lone $1 can get you a mask for obvious reasons, then imagine the possibilities with $1,000,000. You can get a full-body suit, new doors, and someone to love you! Admittedly, for the wrong reasons, but the option is there.
A million dollars can make someone’s suffering less sufferable. Spread the word: have your friends and family comment, post the link to your friendly-neighborhood social media network, and share it to anyone interested.

Let’s make a millionaire!

Why, kind Haiku? Why?
Am I to atone in home?
Perhaps. I’ll get by.
submitted by MakerOfMillionaires to millionairemakers [link] [comments]

Forex Trading in Kenya.

Someone posted on here a few days ago asking about forex and forex trading in Kenya, I have gone through the responses and clearly, most people don’t have an idea. It is 3am in the morning and am in a good mood so let me make this post. This will be a comprehensive and lengthy post so grab a pen and paper and sit down. We’ll be here a while.
FIRST OF ALL, who am I..?
I am a forex trader, in Nairobi, Kenya..i have been actively involved in forex since I found out about it in Feb 2016 when I somehow ended up in a wealth creation seminar (lol) in pride inn Westlands, the one close to Mpaka Rd. Luckily for me, it was not one of those AIM global meetings or I’d be on Facebook selling God knows what those guys sell. I did not take it seriously till August of the same year and I have been active ever since.
I don’t teach, mentor or sell a course or signals, I trade my own money. I am also posting from a throwaway account because I don’t want KRA on my ass.
What the fuck is forex and forex trading.
In simple plain English, forex is like the stock market but for currencies. Stock Market = Shares, forex = currencies. If you want more in-depth explanation, google is your friend.
These currencies are pegged on specific countries, united states- dollar, UK- pound, euro zone- euro, Switzerland- Swiss franc, Kenya- Kenya shilling.. you get the point. Now, there are specific events and happenings between these economies that affect the movement and values of the currencies, driving their value (purchasing power up and down). Forex trading exploits these movements to make money. When the value is going up, we buy and vice versa (down –sell)
Is forex trading illegal in Kenya? Is it a scam?
Illegal, no. scam, no. All the banks in the world do it (KCB made about 4 billion from trading forex in 2019)
Have there been scams involving forex in Kenya?
Yes. Here is one that happened recently. This one is the most infamous one yet. Best believe that this is not the end of these type of scams because the stupidity, greed and gullibility of human beings is unfathomable.
However, by the end of this post, I hope you won’t fall for such silliness.
What next how do I make it work..?
Am glad you asked. Generally, there are two ways to go about it. One, you teach yourself. This is the equivalent of stealing our dad’s car and hoping that the pedal you hit is the brake and not the accelerator. It is the route I took, it is the most rewarding and a huge ego boost when you finally make it on your own. Typically, this involves scouring the internet for hours upon hours going down rabbit holes, thinking you have made it telling all your friends how you will be a millionaire then losing all your money. Some people do not have the stomach for that.
The second route is more practical, structured and smarter.
First Learn the basics. There is a free online forex course at www.babypips.com/learn/forex this is merely an introductory course. Basically it is learning the parts of a car before they let you inside the car.
Second, start building your strategy. By the time you are done with the babypips, you will have a feel of what the forex market is, what interests you, etc. Tip..Babypips has a lot of garbage. It is good for introductory purposes but not good for much else, pick whatever stick to you or jumps at you the first time. Nonsense like indicators should be ignored.
The next step is now the most important. Developing the skill and building your strategy. As a beginner, you want to exhaust your naivety before jumping into the more advanced stuff. Eg can you identify a trend, what is a pair, what is position sizing, what is metatrader 4 and how to operate it, what news is good for a currency, when can I trade, what are the different trading sessions, what is technical analysis, what is market sentiment, what are bullish conditions what is emotion management, how does my psychology affect my trading (more on this later) an I a swing, scalper or day trader etc
Mentors and forex courses.. you have probably seen people advertising how they can teach and mentor you on how to trade forex and charging so much money for it. Somehow it seems that these people are focused on the teaching than the trading. Weird, right..? Truth is trading is hard, teaching not quite. A common saying in the industry is “Those who can’t trade, teach” you want to avoid all these gurus on Facebook and Instagram, some are legit but most are not. Sifting the wheat from the chaff is hard but I did that for you. The info is available online on YouTube, telegram channels etc. am not saying not to spend money on a course, if you find a mentor whose style resonates with you and the course is reasonably priced, please, go ahead and buy..it will cut your learning curve in half. People are different. What worked for me might not work for you.
Here are some nice YouTube channels to watch. These guys are legit..
  1. Sam sieden
  2. Cuebanks
  3. TheCoinFx
  4. The trading channel
  5. Astro
  6. Forex family
  7. Wicksdontlie
Advanced stuff
  1. ICT
After a short period of time, you will be able to sniff out bs teachers with relative ease. You will also discover some of your own and expand the list. Two tips, start with the oldest videos first and whichever of these resonates with you, stick with till the wheels fall off.
How long will it take until things start making sense
Give yourself time to grow and learn. This is all new to you and you are allowed to make mistakes, to fail and discover yourself. Realistically, depending on the effort you put in, you will not start seeing results until after 6 months. Could take longeshorter so there is no guarantee.
Social media, Mentality, Psychology and Books
Online, forex trading might not have the best reputation online because it takes hard work and scammers and gurus give it a bad name. However, try to not get sucked into the Instagram trader lifestyle as it is nowhere close to what the reality is. You will not make millions tomorrow or the day after, you might never even make it in this market. But that is the reality of life. Nothing is promised, nothing is guaranteed.
Your mentality, beliefs and ego will be challenged in this market. You will learn things that will make you blood boil, you will ask yourself daily, how is this possible, why don’t they teach this in school..bla bla bla..it will be hard but growth is painful, if it wasn’t we’d all be billionaires. Take a break, take a walk, drink a glass of whatever you like or roll one..detox. Chill with your girl (or man) Gradually you will develop mental toughness that will set you up for life. Personally, I sorta ditched religion and picked up stoicism. Whatever works for you.
Psychology, this is unfortunately one of the most neglected aspects of your personal development in this journey. Do you believe in yourself? Can you stand by your convictions when everyone is against you? Can you get up every day uncertain of the future? There will be moments where you will question yourself, am I even doing the right thing? the right way? It is normal and essential for your growth. People who played competitive sports have a natural advantage here. Remember the game is first won in your head then on the pitch.
Books: ironically, books that helped me the most were the mindset books, Think and grow rich, trading for a living, 4 hour work week, the monk who sold his Ferrari..just google mindset and psychology books, most trading books are garbage. Watch and listen to people who have made it in the investing business. Ray Dalio, warren, Bill Ackman and Carl Icahn.
This is turning out to be lengthier than I anticipated so I’ll try to be brief for the remaining parts.
Brokers
You will need to open up an account with a broker. Get a broker who is regulated. Australian ones (IC Market and Pepperstone) are both legit, reliable and regulated. Do your research. I’d avoid local ones because I’ve heard stories of wide spreads and liquidity problems. International brokers have never failed me. There are plenty brokers, there is no one size fits all recommendation. If it ain’t broke..don’t fix it.
Money transfer.
All brokers accept wire transfers, you might need to call your bank to authorize that, avoid Equity bank. Stanchart and Stanbic are alright. Large withdrawals $10k+ you will have to call them prior. Get Skrill and Neteller if you don’t like banks like me, set up a Bitcoin wallet for faster withdrawals, (Payoneer and Paypal are accepted by some brokers, just check with them.)
How much money can I make..?
I hate this question because people have perceived ceilings of income in their minds, eg 1 million ksh is too much to make per month or 10,000ksh is too little. Instead, work backwards. What % return did I make this month/ on this trade. Safaricom made 19.5% last year, if you make 20% you have outperformed them. If you reach of consistency where you can make x% per month on whatever money you have, then there are no limits to how much you can make.
How much money do I need to start with..?
Zero. You have all the resources above, go forth. There are brokers who provide free bonuses and withdraw-able profits. However, to make a fulltime income you will need some serious cash. Generally, 50,000 kes. You can start lower or higher but if you need say 20k to live comfortably and that is a 10% return per month, then you can do the math on how big your account should be. Of course things like compound interest come into play but that is dependent on your skill level. I have seen people do spectacular things with very little funds.
Taxes..?
Talk to a lawyer or an accountant. I am neither.
Family? Friends?
Unfortunately, people will not understand why you spend hundreds of hours watching strangers on the internet so it is best to keep it from them. Eventually you will make it work and they will come to your corner talking about how they always knew you’d make it.
The journey will be lonely, make some trading buddies along the way. You’d be surprised at how easy it is when people are united by their circumstances (and stupidity) I have guys who are my bros from South Africa and Lebanon who I have never met but we came up together and are now homies. Join forums, ask questions and grow. That is the only way to learn. Ideally, a group of 5-10 friends committed to learning and growth is the best model. Pushing each other to grow and discovering together.
Forex is real and you can do amazing things with it. It is not a get rich quick scheme. If you want a quick guaranteed income, get a job.
And now it is 5am, fuck.
This is oversimplified and leaves out many many aspects.
Happy to answer any questions.
submitted by ChaliFlaniwaNairobi to Kenya [link] [comments]

[Winner’s Thread #49] What a way to end the decade!

This has honestly been an amazing experience, just seeing the notifications pop up made me feel fuzzy inside. Never expected to be the winner of a drawing that had so many participants (hence the ampersand comment lol), and I’m still in disbelief at my luck and all the kind messages that I’ve received from all of you.
I’m currently a student studying political science while doing some freelance work on the side when I have the time. I’m planning on putting this money towards new cushions for my cat to file her nails on, and maybe a little towards student loans if there’s anything left after that. I still live with my parents and grandparents, but I am in Southern California, so I don’t think it’s that unexpected. I spend most of my free time playing video games (xbox and pc), basketball, and noodling around on my guitar.
Can’t wait to pay it forward as this sub goes on, think it would be amazing to crowdfund a millionaire one day. Thank you for all your donations, it means a lot to me, more than I could write up in this post just so I don’t reveal too much personal info. Wish I could message you all individually but that probably isn’t realistic, so thank you for your contributions and I hope you all have a happy holiday season, I know I’m going to thanks to your generosity.
Everything listed should result in direct lines of payment to ahyeg. We ask all users to donate at least $1 USD. The Drawing is also listed for users who want to see the results and confirm the validity of the winner.
Drawing: https://old.reddit.com/millionairemakers/comments/ee6mzd/draw_49/
PayPal: paypal.me/ahyeg
Google Pay: [email protected]
Square Cash: $ahyeg
Bitcoin: 1MTHhAxfHuDnHujU1SDiUgK3vvzHNQkSse
Bitcoin Cash: bitcoincash:qq44mjry0er660z93dvcwmy6qhtrum83lg4nyaqagm
Litecoin: LdAejKxk9mWShfTBTJUzikXuTYWzRYpTqY
Nano: nano_18jqjbtjn6i1gtd13t9jrh5ob3sax4gonqonqdhnskwcj5rff3m9crsa8hga
Ethereum: 0x42A9ebBb7940F1c35DA2445c96F140788fF3981D
Venmo: @ahyeg
Edit:
Its been less than 24 hours but I still can't get the goofy smile off of my face, all of you are absolutely amazing. Everyone giving what they can adds up so quickly that what may seem like an insignificant contribution can make a big difference at the end. The best part of this has been seeing how kind so many people are, it really helps to reinforce that idea of "faith in humanity", that we can all put a little effort towards making a difference because you've all certainly helped make a difference in my life. My entire family's been blown away by this, my cat is still none the wiser, but I assure you she's been getting many scratches on your behalf. I've attached a total so far (hopefully my formatting is correct), it's not quite a million yet but it's certainly insane to think about. Hope you all enjoy the holidays and I'll try to post updated totals when I can. Thank you all again!!
Paypal 1448
Bitcoin 60
Bitcash 2
Square Cash 99
Nano 1009
Litecoin 5
Total 2623
12/24/19 5:00am pst
Paypal 2894
Bitcoin 1112
Ethereum 18
Bitcash 52
Square Cash 265
Nano 1009
Lite 11
Total 5361
Update 12/26/19 8:32pm pst
Paypal 3643
Bitcoin 1122
Ethereum 35
Google Pay 380
Venmo 518
Bitcash 60
Square Cash 369
Nano 1014
Lite 16
Total 7157
Update 12/29/19 4:04 pm pst
Paypal 3968
Bitcoin 1132
Ethereum 38
Google Pay 411
Venmo 640
Bitcash 71
Square Cash 376
Nano 1019
Lite 16
Total 7671
Highly Requested Cat Pic:
https://imgur.com/gallery/4rGx1k6
submitted by ahyeg to millionairemakers [link] [comments]

Law of attraction works in the most strangest of ways

So from my experiences with lottery wins and the LOA serving Justice or balancing wrong doers (more on this below). I have come to the conclusion that Law of Attraction works via psychic or higher self means. It will almost always directly go to work when a person absolutely completely let's go of the matter.
In my case, the LOA both brings me things I desire like lottery wins. I won lottery 7 times via LOA and the lottery wins happen only when I get the tugging pulling feeling that guides me to the win, I can't just play every day, it has to somehow one day just tell me "Buy that". It even nearly made me a millionaire via CryptoCurrency.
In 2016, something gave me a feeling to buy 1 Bitcoin from a local bitcoins website that matched me with a Russian smart young dude in my city that sold it to me for around $600, it was the strangest feeling buying something that he sent me digitally for that high of cash. And then, something else told me to shapeshift that near whole Bitcoin into 600,000 Ripple XRP as I was on the Shapeshift website which didn't need registration at that time. But I sadly didn't listen to it, but instead bought 80,000 XRP and the shocker is that the news of it getting on Coinbase skyrocketed it to $4 an XRP and I would've had 4 million dollars, but I instead got out with around $70k as it started dropping out.
LOA was trying to make a millionaire and I didn't listen to it LOL, but hopefully it will give me a big juicy lottery win.
LOA didn't end with just giving me huge Cryptocurrency gains, it also gave me a $50k lottery win, and also gave me another $25k lottery win and now it keeps on giving me $500 in a border state game from next door state, that game is called "All or Nothing". My state stopped that game sadly, but the border state has it and the border state is rich with lottery revenue so they have a lot of good games.
From all my Lottery wins, I found out there is 1 persistent thing that makes me believe LOA is very real and it is tied to higher self and also Psychic self. It is that the win always arrives spontaneously when I Have not played for a long time or a while, like for example I haven't played for 1 month or weeks, and then I get a random idea to go play it or some good feeling is pulling me towards it, and I suspect it is the LOA so I go play and guess what? BAM it hits me with a $500 or $25k win. Also the LOA is very powerful when multiple people are involved. Like my friend and I and my other friend split hat $25k prize but it was me who paid for it as it was my turn to buy it since we take turns buying it but we still go together and split it 3 way. The $50k was all by myself, and I won that under some mysterious circumstances. I suddenly found myself tired one evening as I decided to go out to drive Uber out of boredom, and this was strange because I had plenty of sleep the previous night, and also drank well and eat healthy and I am still young. So I just decided to head to my sisters house and on my way to sisters house, I recalled that her kids love gum and soda so I decided to go buy those at the store but I also noticed a guy in front of me buy 2 scratch off tickets of a game, so I decided to buy 1 of the same game he did and I scanned it in the store after scratching off bar code and it told me to see lottery office.
I normally just scratch off barcode area just to get to the point and see if I won or not. But this was my first time playing lottery in a while and that became a winner. And surprisingly my energy levels and alertness returned to normal. I believe it was LOA and higher self guiding me to it.
Right now it is about the 5th time that I won All or Nothings $500 prize and each time I play, it is something tugging me to go play it and I win $500, so for example there wasn't a time in the last 5 wins that I played it and did not win it. That gas station workers in that state know me as the guy who wins the $500 because they see my win it all the time. So this is telling me the LOA or Higher Self is guiding me to it. I also noticed in one of these 5 wins, that I left my sisters house and was heading up i35E and was approaching i494 and West takes me to my house while i494 East takes me to that border state that has that game. And I felt something with some excited energy telling me to take i494 East and go play that game, and I did even though I clearly just wanted to go home, I did take the East exit and bought the game and thank God my home was still on the way taking i494 North up. Got home and this game draws daily and I find out I won $500, heck Google images even indexed these wins of mine when I posted them in the Lottery sub after taking photos of them.
But what surprises me is that the LOA keeps giving me the $500 win which is just 1 number away from the $100k and I really desire the $100k and still have not won it. So now I just let go again totally and completely stopped playing the game.
I discovered that to get the LOA to work, one has to absolutely accept the reality that one will not get what he/she desires, just completely accept it and let go. And in the most least expected time, the win will come and find you. Or whatever you desired will come and find you. I believe the higher self or subconscious starts putting together a series of events that appear coincidence, but are actually not coincidence, these events ultimately lead you to the win. This was your higher self guiding you all this time, but some people want to believe it is coincidence or whatever else you call that thing.
Another example of my LOA working is that it gave my Ex-Fiance bad luck. She did various wrong things to me and said bad things to me and she is in another country, I did a lot for her and went there after I left Morocco and her father and mother liked me, and I wanted to return to finish marriage for her, but my passport was expiring in 6 months and I lost $1800 in Plane ticket because of the fact that the airliner would not let me board since rule is that people can't fly out international if passport is expiring in 6 months or less.
Her dying uncle also wanted to see our ceremony and wedding, but there was also the fact that we never finished the initial Shiekh Halal part, and I bought her a Gold necklace when her father and I and her were together at the Jewelry store in that country, but this Gold necklace was for the gift of what they call Mehr and this is valid for her only if she finishes the processes with me and we become husband and wife and I assumed all would fall in smoothly and we would finish it, but her fighting became excessive and she blamed me for my passport that expired and the fact that her dying Uncle never got to see wedding as I never went there to finish everything even though I scrambled to do everything I can.
But guess what? back to the part about how the LOA harmed her, now keep in mind that I don't want my power that I can't control to harm people, I want the good for humanity and forgive the wrongdoings of people and I forgave her, but just as I messaged her to tell her that if she still has that Gold Necklace, it may bring her harm because she never finished process with me and that she fought me too much when I wanted to better her. She said she had to sell it because it did indeed bring her bad luck, she didn't tell me exactly what bad luck, but I believe her. As long as she sold it and got rid of it I am happy even if she didn't mail it to me, because hopefully at least she won't get affected by my Higher Self which has been known to balance me and others if I wronged people or if they wronged me. It goes both ways, my own higher self can bring me bad luck or other people can bring me bad luck or harm if I wrong them. So the Universe does balance people https://imgur.com/a/8psTSq3
Ever notice that people who are angry often keep having more negativity and bad luck attracted to themselves? they can never get what they want because they never let go and let their higher self handle it. For example I often see at the Gas station I buy the lottery tickets from that there is always crumbled up tickets or scratchers that people leave on the counter that is right next to the scanner that scans the tickets, but there is a garbage can nearby. So this tells me that person got angry or frustrated and that is not how you win, to win you have to let go and let the higher self guide you to the win in the most unexpected of time. Also the not throwing away the losing slips part and letting the workers pick up doesn't help in the person actually getting guided to the win is what I believe because it is a wrong act to just purposely leave losing slips or scratchers there for another person to throw away for you.
submitted by xerxes7777 to lawofattraction [link] [comments]

[Winner's Thread #48] Truly Giving Thanks this Thanksgiving.

Well this is extremely surprising to say the least. From the moment I came across it, I have been participating in Millionaire Makers. It has been about a year now(may have missed a month or two somewhere in there) and I have really enjoyed that we have been able to make impacts on people's lives all based around people donating out of good faith. I woke up Sunday morning and was playing some Destiny 2 with a buddy. During some downtime between missions I decided to open Reddit and what do you know, I have a message. It is such an overwhelming feeling to be selected and it was certainly unexpected.
A little about me! I’m a full-time college student who is beginning to study computer science. I work two part-time jobs and love to game in my downtime. This winter I am starting some training to be a volunteer ski patrol member with my local ski resort and I couldn’t be more excited for that. I intend to save all winnings and will be putting them towards paying for my next home when January rolls around. I have been fortunate enough to live in a place rent-free besides utilities for the past few months. This has really come at an important time when money is becoming tighter. Any leftover funds will sit in savings until I need them and of course my monthly Millionaire Maker donations. Thank you all so much!
I am limited on hard drive space to store chains for all the different bitcoin forks. I apologize if I am not using one you would prefer and understand if you are unable to contribute because of it.
Drawing: https://old.reddit.com/millionairemakers/comments/dxngy4/draw_48/
PayPal: https://paypal.me/CamBak
Bitcoin: 3PVNNAx2e11gRGUFkLgmMgpvfJWPqZRvvU
Bitcoin Cash: qpjxvwudrn28c03l6e5yrw5q483txc5gmq37qv9wxp
Thank you to all who are able to contribute!
Edit: Busy day for me today but I just want to thank you all so much again! I will update with numbers for the curious tomorrow!
Edit2: This has been an amazing past 24 hours. I am so grateful for everyone involved here! Here are the numbers so far:
Source Money
Paypal $397
Google Pay $50
Bitcoin $32
Bitcoin Cash $21
Reddit Tips $7
Edit3(11/25): Numbers update:
Source Money
Paypal $438
Google Pay $53
Bitcoin $35
Bitcoin Cash $23
Reddit Tips $7
Edit4(12/21): Thank you to all who have contributed again since the December drawing thread went live. I have received nearly another $600 via paypal alone over the past 18 hours. You are all amazing!
submitted by Phantom_Viper to millionairemakers [link] [comments]

Looking to invest $30000 in bitcoin

Hi, I am new to Bitcoin and looking to invest $30000 of spare money. Any advice how I should do it? Spreading the investment over a period or doing it in one lump sum. Not your keys, not your bitcoins is something I have learned recently about the Proof of Keys on January 3 and I think it is really great community idea.
If you had $30,000 dollars for yourselves, would you invest it in Bitcoin right now, and why or why not? I would love to become a Bitcoin millionaire.
Is it better to invest in Bitcoin mining insteads? I know I am late to the party but love the techonology so much and want to get in to it.
To be honest I am very fortunate to live in a safe part of the world so I am not afraid to disclose how much I have online or how much I will plan to invest in Bitcoin. (But now I could see why people recommend this coming from other parts of the world where safety is not a given.)
All of these questions come to my mind after frustrating losing a Minesweeper game. I don't want my money to blow up like that. In the end I did win a good Chess game though to make up for it.
submitted by vemotim2 to Bitcoin [link] [comments]

Pi Network! This golden project is an opportunity.

  1. What is Pi Network?
Pi Network is a virtual currency that can only be mined or mined on a phone, but does not consume device resources like other free mining applications. Previously Pi Network could include mining applications such as Electroneum (ETN), but this application consumes your device resources to decode the algorithm (Electroneum uses cryptonight algorithm). With Pi Network, when you dig coins will feel the device does not heat up. In addition, you can also turn off the application or turn off the network and still be able to mine coins every 24 hours.

Note:

Pi Network is still in BETA. The project is still in progress which means that there will still be errors and some details of the project are still changing. While many cryptocurrency projects start from pure theory, Pi Network seeks to balance theory with design and people-centered (or experiment with real people to best meet their needs). ). The project appreciates your patience and welcomes your input as we work together to develop products that best meet community needs. Pi does NOT give you free money. This is a long-term project whose success depends on the common contribution of its members. Pi helps people capture economic value, which is held by banks, technology giants (e.g. Facebook, Amazon) and other intermediaries. Pi depends on the contribution of the members. Therefore Pi NetWork is not suitable for those who want to make money quickly.

2. Is Pi Network scam?

Pi is not a hoax. This is an attempt by a group of Stanford University alumni to spread the cryptocurrency to more people. Pi Network's core team is led by two Stanford PhDs and one Stanford MBA, all of which help build the blockchain community at Stanford. There is no guarantee that the project will succeed. However, Pi Network will work hard to make common dreams a reality, while upholding the highest standards of transparency. You can learn more about Pi's core team on the app, or simply by typing these people 's names into the Google search page:
- Nicolas Kokkalis: Head of Technology
- Department Chengdiao Fan: Vincent
- McPhillip Product Manager: Community Manager
📷
https://preview.redd.it/rozcs5h1p4351.png?width=710&format=png&auto=webp&s=c5952d879514c33e643958aab8d5ca5ae382ba41

3. How to make money with Pi Network?

How to exploit Pi
Pi Network does not call you to invest or do anything. Your job is very simple, you just need to have a phone, download the Pi Network app and create an account, press the Start button daily and the PI digging will take place even if your computer is not connected to the internet . You also do not need to open the active application. Pi does not affect your phone performance, does not drain your battery or use your network data. To start earning Pi, check the app every 24 hours and press the lightning button to start mining. You can increase your hourly Pi rate by inviting friends and family to join the community. After 3 days of exploitation, you can increase your income even more by building your security circle, which contributes to the overall security of the network. And remember, veterans of the network have a higher rate of extraction than the members who come after them.
Why are veteran members exploiting more?
Pi's goal is to become a widely distributed and widely used electronic currency in the world. To achieve that goal, Pi encourages members to contribute early to ensure the success of the project (eg network protection and development). To reflect the importance of early contributions, the rate of extraction decreases as more people join the network. At this point, the base mining rate will be halved every time the number of active users increases by 10 times. This ratio will be reduced to zero when the network reaches a certain number of users (for example, 10 million or 100 million). At the time, like Bitcoin, miners would continue to receive rewards with transaction fees, rather than being rewarded with new coins.
What is the Pi Network security circle?
The security circle is a group of 3-5 trusted people built by each Pi member, to prevent fraudulent transactions. While cryptocurrencies like Bitcoin secure their ledgers by forcing mining companies to burn energy (proof of work), Pi still guarantees its ledger when members of the network prove trust with each other. Pi contributors guarantee each other by building up security groups of 3-5 members whom they deem reliable. The security circle should include people you trust not to make fraudulent transactions. The cyber security circles form a global trust chart to determine who can trust to conduct transactions on the Pi ledger.
https://preview.redd.it/rmekfcizo4351.png?width=710&format=png&auto=webp&s=92a054233ec9c1844b32c24b0a06d0a47e9302b1

4. What is the Pi price?

Pi is worth approximately 0 dollars / euro. Yes! If the price is $ 0, then we dig PI do? Also you wonder when PIs will be valuable? While everyone thinks that PIs are not valuable and do not participate, just like when BITCOIN 2008 had no value. If you are a PI holder PI holders have two options to convert PIs into cash:
- Buy goods and services directly with your Pi. Pi Network is building a peer-to-peer market where members can directly spend Pi to buy goods and services. Pi Network aims to start a bank transfer test in its application immediately after Q42019.
- Exchange Pi for cash on cryptocurrency exchanges. Pi will be able to be traded during Phase 3 of the project (such as when launching the Mainnet). At that time, exchanges may choose to list Pi. At this point, Pi's core team focuses on implementing the right technical roadmap to reach phase 3.
(I still remember in 2015, in MMO communities, competing to receive free coins called Raiblocks (XRB) by typing captcha, each type of such a lot of XRB, it can be said that the day that XRB has no price value, almost 0. Later in early 2018 when Raiblocks changed its name to NANO project, the peak of 1 NANO coin reached 34 USD, sweeping away the dream of millionaires of MMO people, because at XRB, they sell very cheaply for each other. You can refer to the NANO price chart below)
https://preview.redd.it/r8rll5eyo4351.png?width=710&format=png&auto=webp&s=235368ab0b53c5e1b09c2c88bd13e345ae26eaae

5. Download the Pi Network application

Pi Network currently supports both Android and iOS operating systems, you can access the Google Play app for Android or App Store for iOS and search by keyword "Pi Network" or click directly at the following link:
https://minepi.com/150791

6. Create an account and dig Pi

Step 1: After downloading the application, you open the application to register for Pi Network account

https://preview.redd.it/n74m2cbxo4351.png?width=640&format=png&auto=webp&s=33dd4f81f6cb952c065457dc1d3d53a20df739bd
In this step you can optionally register your account with Facebook or your phone number. However, you should choose the phone number to make it easier to authenticate your Pi Network account later. Choose your location, enter your phone number and click Go.

https://preview.redd.it/tkh0yo2wo4351.png?width=640&format=png&auto=webp&s=341f067a7269a5b0bc7eb9d04698d8950c06dbff
Then you enter the password and confirm the password. Note that the password must have uppercase characters, special characters like! @ # $% Or your number. Done, click Submit

https://preview.redd.it/pmp9dzjto4351.png?width=640&format=png&auto=webp&s=8712183677f5356ac79fd279e98de4e291e893c7
Then enter the First Name and Last Name.

https://preview.redd.it/f5auh8dso4351.png?width=640&format=png&auto=webp&s=e26c5c9b15548beb0edcbd4df2ac22d27a548405
Finally, the Username (this is the name for me to log into the Pi Network application, don't forget this). After filling all information, click Submit to move to the final step. In this last step, you enter the referral code is @ Leviet74 (this is my code). However, you can enter anyone's referral code. But when entering my code, I am very thankful and if there is any problem that needs support I will be very enthusiastic.
So you have completed the Pi Network registration, now you just leave it to receive coins daily, or go referrals to others to earn more Pi.

https://preview.redd.it/2gio8gxqo4351.png?width=640&format=png&auto=webp&s=1682a4a32e54c60db542699b53bbb5287fa5a8bd
Guide to dig Pi

https://preview.redd.it/1ftbk7qpo4351.png?width=640&format=png&auto=webp&s=2e3af6d16e7a47535957387e8e409bbca4d72d0c
Click Get Started and click on the lightning image to start digging PI.

https://preview.redd.it/70q1n5poo4351.png?width=640&format=png&auto=webp&s=a0c0dc927027d7ad4c1999b4ae9c9a5daf9b6896
The amount of Pi you mine per hour is shown in the Ambassador section. If your lower members mine Pi, you will receive (25% x 0.39pi x the number of people). However, if they are not online for more than 1 day, you will not receive Pi from them, so you press Ping Inactive to push them to notify the application access.

https://preview.redd.it/ptu36tmmo4351.png?width=640&format=png&auto=webp&s=bb70cc8e19ecdb9ccbaa36e5ee52be6dcc68e842
Add people to the security circle
After 3 days of digging Pi, you will open a security circle, what it is, please read the above article, here you can add acquaintances to dig more Pi together.

https://preview.redd.it/84bnhfbjo4351.png?width=710&format=png&auto=webp&s=b8aa75b135d4cf00d75a6f23ad1933cdead901d9
Verify Pi Network account
You need to verify your account so that stage 4 of the project can be withdrawn. To verify Pi Network, access Profile and select Verify as shown:

https://preview.redd.it/h6pkp9tgo4351.png?width=640&format=png&auto=webp&s=5c0a2677b7bed0d39a75a1e825449f4b4503c990
There are two options for verifying your account: getting a verification code (only applicable to the US and Canada) or sending a message to Pi Network. You will have to use option 2 and press Start.
https://preview.redd.it/woyptgmeo4351.png?width=640&format=png&auto=webp&s=d67d1b01deb51d038c1411177a1dd7e0274dfd4e
Then click Open SMS to let Pi Network compose a message to send a 4-digit code.

https://preview.redd.it/ohu1d19ao4351.png?width=710&format=png&auto=webp&s=7a1c8a726b5938280a58f1343feb73223b02ba66
Note that Pi will generate 4-digit code itself, you do not edit anything and just click Submit.
https://preview.redd.it/orymp2vzn4351.png?width=710&format=png&auto=webp&s=c0002a9841fbc4db8ed5a3a040d1ddbd71500e14
If the Pi application verifies that you have successfully verified your account.

7. How to draw Pi?

You cannot withdraw the Pi. You will be able to withdraw Pi or exchange Pi for other currencies during Phase 3 of the project, when Pi switches to a completely decentralized blockchain. Phase 1 of Project Pi is on March 14, 2019 (Pi Day). In Stage 1, your balance is being recorded to wait for the day Pi reaches the mainnet (Phase 3). The transfer or withdrawal of Pi is restricted until the mainnet launch, to prevent fraudulent actions, such as clone users to dig Pi, then transfer Pi to another account and legalize the process. verify your account and use that nefarious Pi number.

8. Should you dig Pi on multiple phones?

No, you SHOULD NOT dig PI on many devices. Pi Network adheres to a strict rule, meaning that only one account can be used per person. Pi Network uses a multi-pronged strategy to ensure that fake accounts cannot exploit Pi
First, the Pi network uses Google Recaptcha v3 to know which devices are operated by humans or robots. (This technology is completely invisible to most users, because they are real people, but robots can see the captcha if the google algorithm captures them.) Over time, Pi Network is developing a machine learning algorithm based on actual user exploitation behavior to predict bots.
Second, the Pi consensus algorithm (security circle) makes it easy to detect fake accounts. The fake account will not have enough real people to link to them through the security circle. Thus fake accounts will have less linkage with the rest of the network. This anomaly is easy to detect with computer algorithms.
Finally, when Pi enters Stage 3 and 4 - Mainnet, only authenticated accounts can exist. Buy

9. Where to buy and sell Pi?

Currently, there is only 1 exchange, AACoin listed PI (https://www.aacoin.com/trade/PI\_USDT) in the form of short purchase and sale, meaning that they buy and sell PI but do not actually own any PI. Because PIs have not been withdrawn until entering phase 3 (mainnet), all PI trading platforms are fraudulent. The Pi Core team also issued a warning. In addition, users should not buy and sell Pi transactions on the black market through the sale of accounts, because all of us have not been able to price Pi, so there are many potential risks.
https://preview.redd.it/d6lzfxfxn4351.png?width=710&format=png&auto=webp&s=c61ce72af1a56af4367c32b441ddfe25b9462a30
submitted by thanhbkpr to u/thanhbkpr [link] [comments]

You are formally invited to make a millionaire, this fabulous October. Please comment, enter at your liege. [Drawing Thread #35]

Edit: Thanks for the gold, kind stranger. I actually didn't notice because my inbox self-imploded with over 10,000 messages.
Also, reports go to the mod team. If you really, REALLY, have an issue with this subreddit, please message the admins.
I also added a bullet point on downloading the IDs of comments.

Holidays are coming, the first of which is Halloween. As a side note, don't enter a stranger's home. I'm not your mom, though.

TL;DR: Leave a comment on this thread. A random user will be chosen, and everyone donates a dollar to make a millionaire. You are welcome to spread this thread via upvoting, telling friends and family, and sharing on social media! Reminder to enter the next drawing by RemindMeBot.
What is this, anyway?
Three years ago, a Redditor posted an idea in /Showerthoughts that speculated the fact, if a million people picked a certain Redditor and all donated just $1, they would have the power to make someone a millionaire.
This subreddit is an embodiment of that showerthought, and the monthly drawings are the attempts to make it happen.
We need your help to keep this running, which amounts to only $1 a month to make someone's day. In the long term, that’s $120 every decade, which is a much more affordable price than other expenses. How does it work? Below, you will find an explanation on entering, rules to keep in mind, the selection, and other important things to note.
How to enter:
  • REQUIRED: Leave only one (1) top level comment in reply to this thread! Replying to other comments will not count. It is highly recommended to comment "RemindMe! 3 days Donation for /millionairemakers", which will remind you via PM to donate.
Important Rules:
  • Only ONE top level comment per person (replies and subsequent-level comments aren't included), but feel free to reply to other comments. Making duplicate top level comments may result in exclusion from entering. Go to me to ensure you don't accidentally double comment.
  • If, by any chance, you do double comment, delete any extra duplicates ASAP, ideally before the thread is locked in 24 hours, as any winning draws found to violate this will not be eligible to win, and will be banned from the subreddit.
  • Your account must be older than 30 days with some amount of activity. Throwaway accounts with very minimal activity will also not be eligible. This is to prevent multiple entries from the same person.
How will the winner be picked and how can you donate?
  • After 24 hours, this thread will close, and the method of selection will begin.
  • While attempts to make the selection method similar to 2017’s have been performed, it still varies from the original. For an example from the newest drawing, see [Draw #33]. For archival purposes, please click here for the original selection method.
  • Method's TL;DR: Your number is assigned by sorting the comments by old, so the first commenter will be 1, and the list of comments will be publicly released. The subreddit then waits for a randomly generated block (a string of numbers) from Bitcoin's blockchain, after a preselected date and time, and calculates the winner using a formula described in the posts mentioned above.
  • (DOUBLE EDIT) Comment IDs are downloaded at 2:00 UTC, three hours following the thread being locked. There will be two trial runs prior to 2:00 UTC, and one trial run thirty minutes after. If it is shown that deletion of comments are occurring between any of the trial runs, (EDIT:) or technical difficulties, the retrieval of the comments will be delayed by an hour, following the same procedures. (This has been the case. Comments have been downloaded at 4:00 UTC, with three trial runs.)
  • To determine if you are on the list, please go to your comment and save it. The comment ID is what gets recorded and selected, which looks like this: e3yxpj4.
  • The user who created the winning comment will be informed of their luck and will provide any information necessary for their chosen payment methods (mods will help set this up if needed).
  • The generous Reddit community donates to this lucky person, hopefully making some worthy soul a millionaire! A donation table will be stickied to the winner’s post, giving users the freedom in how they donate.
  • The lucky Redditor follows up with a thank you within the next days, revealing to the community exactly how much was raised and thanking their generosity.
Reminders
  • Take the time you have available now to setup your PayPal, Square Cash, and Google Wallet account, and/or cryptocurrency wallets. (Note: Some services may not be available depending on where you reside.)
  • To buy any cryptocurrencies, you may use Coinbase for purchases using your bank account.
  • To store cryptocurrencies, there are many accessible wallets, and if you win, you will be guided on which ones to download. For Bitcoin and Bitcoin Cash, it’s recommended to use the Bitcoin.com wallet for iOS and Android, or the Electrum and Electron Cash wallet for Mac, Linux, and PC.
  • Please try your best to donate a $1, no matter who wins. Every single dollar, cent, anything really counts, so please take the effort to remember and go through with it.
  • If you want to be reminded to donate, please comment "RemindMe! 3 days Donation for /millionairemakers".
  • Spread the word! The more people who participate, the better this gets for everyone! There has been a correlation between this subreddit making it in /all and an increase in donations.
  • Try to cross-post to relevant subs, and upvote. There is a correlation between reaching /all and the amount of donations for the winner. (Please don't spam other subs though. We're not trying to make any enemies here.)
  • If you are under 18, please talk to your parents to get their consent to participate and use their help to setup a PayPal account.
MOST IMPORTANTLY
Remember, this is about generosity, making history, and coming together to make someone's life better. It takes three minutes to donate a bit to the winner, whether you're well off and want to donate a couple buckeroos, or going through tough times and can only donate a few pennies. Every cent counts.
Note about legality: This is NOT a lottery. You don't have to pay to enter. No prizes are given away directly by the moderators of this subreddit (the moderators will never even touch your donations; this is done voluntarily). As for gift taxes, according to the IRS they're generally paid by the donor, and any donation under $14,000 is not taxable.
If a lone $1 can get you a candy bar, imagine the possibilities with $1,000,000. You can go enjoy yourself by traveling to theme parks, setting up an elaborate prank, or get a budget to make that fabulous film!
One million dollars can be enough to change someone’s life. Spread the word: have your friends and family comment, post the link to your friendly-neighborhood social media network, and share it to anyone interested.
LET'S RAKE MAKE A MILLIONAIRE!
Apparently, I'm now obligated to make haikus. Do you think people will notice if they disappear without warning?
The horrors that speak,
Are nothing compared to weak,
Tricks and treats of meek.
submitted by lilfruini to millionairemakers [link] [comments]

Top 5 Mobile Crypto Games

Top 5 Mobile Crypto Games

We collected for you a small, conditional top crypto games

We cannot but mention our game, but we cannot add it to the top, as this will not be objective
Therefore, one game outside the heading:

Merge cats

https://preview.redd.it/a0t3mc4wvml41.png?width=1874&format=png&auto=webp&s=3936eab9eab8cdae558247d91d3828289ee2ba9e
Merge Cats is a сasual game with flying cats and cryptocurrency. Cats fly along the flight path and earn coins. Cats can be improved by combining them. Two сats of the same level when combined give one cat of a higher level.
The player can earn cryptocurrency by completing tasks, both daily and basic, inviting friends, etc.
The game uses an ERC-20 token, which is traded on the exchange And also, the company burns half of the tokens used in the game, which allows you to maintain the price

5. Idle Bitcoin Inc


https://preview.redd.it/rrjxjqa0wml41.png?width=393&format=png&auto=webp&s=7d4a1b4a4b9a2781dc3e80451854934f592cb87a
“Bitcoins are a cryptic mystery, but if you manage to crack the code, it might turn out to be a holy grail. Filled with CASH! Become a cryptocurrency tycoon and hire an army of robotic miner minions to fill your digital wallet with bitcoins! Drive them to work around the clock to decrypt codes and mine virtual currency that will make you insanely rich! And if anyone tells you cryptocurrencies are just a bubble, just sit back and watch it burst” — That’s what the developers say about this game.
Classic idle where you have to build a bitcoin empire by clicking and improving your buildings
Here you can not withdraw any cryptocurrency from the game

4. Crypto Rider


https://preview.redd.it/leheusf6wml41.png?width=396&format=png&auto=webp&s=e4e5a1329f8c30256de8b90d0d4eed3ab93e4ede
In this game you will have the opportunity to ride on real cryptocurrency rate charts (data taken on March 29, 2018).
Fast paced racing action 9 different Crypto themed cars to unlock 10 tracks to race on! Compete for the top spot on global leaderboards! Shill your high score to your friends with the sharing feature
Never drove on the highway from the cryptocurrency rate? It’s time to start
Here you can not withdraw any cryptocurrency from the game

3. The Crypto Games: Bitcoin Tycoon


https://preview.redd.it/i1sgwo5cwml41.png?width=370&format=png&auto=webp&s=51f10d2e8c4124a23099d5d3d3fab72fac0754a7
Idle game where you have to build your farm, mine bitcoins, consider a hash rate, create a mining pool(Creating something like guilds in this game), etc.
Classic idle, fun design and interface, but unfortunately there are no ways to get any cryptocurrency.
So if you like clickers and idles — go ahead and build a bitcoin empire.

2. Crypto Idle Miner


https://preview.redd.it/c7u5kupfwml41.png?width=1227&format=png&auto=webp&s=179d28562b683a38137ce59778822e35672676d4
“ Build. Manage. HODL! Create your own crypto empire and become the ultimate Bitcoin Tycoon!”
In this clicker you have to build your crypto empire. Engage in management, hire people, improve your technology and become a cryptocurrency millionaire.
From this game you can derive a HORA token, for winning tournaments once a week. But, unfortunately, we did not find where you can sell this token and withdraw money

1.Bitcoin Blast — Earn REAL Bitcoin!

https://preview.redd.it/ib9imkxlwml41.png?width=349&format=png&auto=webp&s=44ed4018bdb5e6e4ff04d06d1bda6305e1423004
An application such as match 3. The design is extremely inhospitable, the mechanics are as old as the world and there is nothing new in it.
The only reason this game comes first is that they withdraw real cryptocurrency that you can sell and withdraw money to your account.
“It takes a lot of time to earn enough loyalty points to cash out a significant amount of bitcoins. Most users earn an amount that is only one cent (USD). *” — This is written by developers in their description on Google Play, which, on average, is actually
If you like games like match 3 and want to get some crypto, we recommend
Crypto games are just starting their way in the gaming industry, but we are sure that they have a great future and are very glad that more and more projects are appearing This means that there are people who believe in the idea and will move it with us, we hope that you believe in our ideas and will support them

. . .

You can get acquainted with Crypto Soul Here
submitted by CryptoSoul_ to CryptoSoul [link] [comments]

We're back! Let's make a millionaire. [Drawing Thread #31]

tyromaniac has been chosen as the winner! Donate here.

twitter | mailing list

TL;DR: Leave a comment on this thread. A random user will be chosen, and everyone donates a dollar to make a millionaire. Don't forget to upvote this thread and join our mailing list! Reminder to donate and reminder to enter the next drawing
What is this, anyway?
Two years ago, a redditor posted an idea in /Showerthoughts that speculated the fact that If a million of us picked a certain redditor and all donated just $1, we would have the power to make someone a millionaire.
We are now an embodiment of that showerthought, and this is our next attempt to make it happen.
We need your help to keep this running, which only amounts to a $1 a month to make someone's day. Now how does it work? Look below.
How to enter:
Important Rules:
How will the winner be picked and how can you donate?
Reminders
At this point, Reddit, it's all up to you. Make us proud. Change the world. Prove the internet can do good.
MOST IMPORTANTLY
Remember, this is about generosity, about making history, and about coming together to make someone's life better. So take 3 minutes to donate a bit to the winner, whether you're well off and want to donate a few bucks, or going through tough times and can only donate a few cents. Every cent counts.
Note about legality: This is NOT a lottery. You don't have to pay to enter. Also, WE are not giving any prizes away (the moderators will never even touch your donations). As for gift taxes, according to the IRS they're generally paid by the donor, and any donation under $14,000 is not taxable.
Think of what you could do with $1,000,000... You could pay off student loans, have lifesaving surgery, or even give $1 to a million people!
So Reddit, thanks for sticking with us through that long post. It's finally time to change a life. Help us to the front page, so we can make history, and...
LET'S MAKE A MILLIONAIRE!
submitted by Paltry_Digger to millionairemakers [link] [comments]

Let's make a millionaire together, comment to enter! [Drawing Thread #32]

The selection process for this winner will be delayed. Thank you for your patience. Please view this update: https://redd.it/6pkv5p

twitter | mailing list

TL;DR: Leave a comment on this thread. A random user will be chosen, and everyone donates a dollar to make a millionaire. Don't forget to upvote this thread, subscribe to our twitter, and join our mailing list! Reminder to donate and reminder to enter the next drawing
What is this, anyway?
Two years ago, a redditor posted an idea in /Showerthoughts that speculated the fact that If a million of us picked a certain redditor and all donated just $1, we would have the power to make someone a millionaire.
We are now an embodiment of that showerthought, and this is our next attempt to make it happen.
We need your help to keep this running, which only amounts to a $1 a month to make someone's day. Now how does it work? Look below.
How to enter:
Important Rules:
How will the winner be picked and how can you donate?
Reminders
At this point, Reddit, it's all up to you. Make us proud. Change the world. Prove the internet can do good.
MOST IMPORTANTLY
Remember, this is about generosity, about making history, and about coming together to make someone's life better. So take 3 minutes to donate a bit to the winner, whether you're well off and want to donate a few bucks, or going through tough times and can only donate a few cents. Every cent counts.
Note about legality: This is NOT a lottery. You don't have to pay to enter. Also, WE are not giving any prizes away (the moderators will never even touch your donations). As for gift taxes, according to the IRS they're generally paid by the donor, and any donation under $14,000 is not taxable.
Think of what you could do with $1,000,000... You could pay off student loans, have lifesaving surgery, or even give $1 to a million people!
So Reddit, thanks for sticking with us through that long post. It's finally time to change a life. Help us to the front page, so we can make history, and...
LET'S MAKE A MILLIONAIRE!
submitted by millionairemakers to millionairemakers [link] [comments]

Weekly FIREUK Blog posts

UK FI blogger posts from the last 7 days
Reddit app allows sideways navigation to view across the table
FI Blogger Last Posted Latest Post Posts This Week
A Way to Less Sat, 08 Feb 2020 How to Create Good Habits 3
Frugal Brits Fri, 07 Feb 2020 Net Worth Update – January 2020 1
Monevator Fri, 07 Feb 2020 Weekend reading: Remembering bear markets 2
South Wales FI Fri, 07 Feb 2020 Why is South Wales such a good place to F.I.R.E ? 1
averagemoneyman Fri, 07 Feb 2020 Ignoring social media 1
{ in·deed·a·bly } Fri, 07 Feb 2020 Illusion of progress 1
The Obvious Investor Fri, 07 Feb 2020 PeerBerry Review 2
Getting Minted Fri, 07 Feb 2020 Getting Minted One Year On 1
fiukmoney.co.uk Fri, 07 Feb 2020 How I’m going to FIRE in 5 years 1
Financial Anvil Fri, 07 Feb 2020 January Finances 1
Life after the daily grind Fri, 07 Feb 2020 Smombie apocalypse: being a smombie ruins your brain 1
Skint Dad Thu, 06 Feb 2020 Iceland Pancake Day Deal – £5 Bundle inc the Pan 2
Ad Otium Thu, 06 Feb 2020 2020 Goals 2
Sassenach Saving Thu, 06 Feb 2020 My First Net Worth of 2020 1
The FIRE Shrink Thu, 06 Feb 2020 Thought Experiment – Your best or worst decade? 2
7 Circles Thu, 06 Feb 2020 Ready to Retire? 4
Much More With Less Thu, 06 Feb 2020 Cheap and free tools for slimming without a slimming club 2
MoneyGrower Thu, 06 Feb 2020 Achieving Financial Safety In An Uncertain World 2
Igniting FIRE Thu, 06 Feb 2020 Blitz Your Bills – 10 Ways to Reduce your Energy Costs 1
Fire – Lifestyle Thu, 06 Feb 2020 January 2020 – Financial Update 1
The Young Money Blog Thu, 06 Feb 2020 Young Money World: How to beat inertia (part 1) 3
Banker on FIRE Thu, 06 Feb 2020 Don’t Click Here: Five Hard Truths You Don’t Want To Acknowledge 2
Quietly Saving Wed, 05 Feb 2020 January 2020 Savings, other updates + next FIRE meet 1
TuppennysFIREplace Wed, 05 Feb 2020 11 Best Ways To Boost Frugal Living To The Extreme 5
The Humble Penny Wed, 05 Feb 2020 How To Become Your Home CFO 1
Hustle Escape Wed, 05 Feb 2020 The Contrast Effect: A Finance and Productivity Weapon 3
The Frugal Cottage Wed, 05 Feb 2020 Dividend Income January 2020 3
Inspiring Life Design Wed, 05 Feb 2020 What New Side Hustle Should You Start This Year? 1
The FI Journey Tue, 04 Feb 2020 The Evolution of your FIRE Pursuit 1
Finumus Tue, 04 Feb 2020 Grandma prefers accumulation units 1
Playing with FIRE Tue, 04 Feb 2020 January 2020 update 1
Monethalia Tue, 04 Feb 2020 Monthly Savings Report: January 2020 1
A Simple Life Tue, 04 Feb 2020 My January review with some ideas to cut your budget 1
85 Years Mon, 03 Feb 2020 Achievable meditation 1
Sparkle Bee's Journey to FI Mon, 03 Feb 2020 Monthly Update – Jan 2020 1
The Mini Millionaire Mon, 03 Feb 2020 Free Sinking Funds Envelopes Download 3
Saving Ninja Mon, 03 Feb 2020 Savings Report #19 – Life is a Rollercoaster 1
One Million Journey Sun, 02 Feb 2020 Monthly Update #14 January 2020 – A Bananas One 1
The FI Fox Sun, 02 Feb 2020 Let's talk about Bitcoin (Part 1) 1
FIRE v London Sat, 01 Feb 2020 Jan 2020: borrowing to pay taxes 1
MedFI Sat, 01 Feb 2020 Average Investing – Performance 1
Full list of blogs included in checker - here
submitted by reckless-saving to FIREUK [link] [comments]

Picking a Millionaire: A Year in the Making. Comment to enter! [Drawing Thread #33]

Commenting is just as easy as saying, “Peanuts on a bagel!” Please don’t say that.

Thanks for the gold, kind stranger: OBLIGATORY GOLD EDIT!
TL;DR: Leave a comment on this thread. A random user will be chosen, and everyone donates a dollar to make a millionaire. You are welcome to spread this thread to friends and family, and on social media! Reminder to donate and reminder to enter the next drawing
What is this, anyway?
Three years ago, a Redditor posted an idea in /Showerthoughts that speculated the fact, if a million people picked a certain Redditor and all donated just $1, they would have the power to make someone a millionaire.
This subreddit is an embodiment of that showerthought, and the monthly drawings are the attempts to make it happen.
We need your help to keep this running, which amounts to only $1 a month to make someone's day. In the long term, that’s $120 every decade, which is a much more affordable price than differing expenses. How does it work? Below, you will find an explanation on entering, rules to keep in mind, the selection, and other important things to note.
How to enter:
  • REQUIRED: Leave one (1) top level comment in reply to this thread! Replying to other comments will not count. It is highly recommended to comment "RemindMe! 3 days Donation for /millionairemakers", which will remind you via PM to donate. You can also click this link and Send to be reminded to donate.
Important Rules:
  • Only ONE top level comment per person (replies and subsequent-level comments aren't included), but feel free to reply to other comments. Making duplicate top level comments may result in exclusion from entering. Go to me to ensure you don't accidentally double comment.
  • If, by any chance, you do double comment, delete any extra duplicates ASAP, as any winning draws found to violate this will not be eligible to win, and will be banned from the subreddit.
  • Your account must be older than 30 days with some amount of activity. Throwaway accounts with very minimal activity will also not be eligible. This is to prevent multiple entries from the same person.
How will the winner be picked and how can you donate?
  • After 24 hours 25 hours 30 hours (edit: due to posting technical errors), this thread will close, and the method of selection will begin.
  • While attempts to make the selection method similar to 2017’s have been performed, it still varies from the original. For an example from the newest drawing, see [Redraw #32]. For archival purposes, please click here for the original selection method.
  • Method's TL;DR: Your number is assigned by sorting the comments by old, so the first commenter will be 1, and the list of comments will be publicly released. The subreddit then waits for a randomly generated block (a string of numbers) from Bitcoin's blockchain, after a preselected date and time, and calculates the winner using a formula described in the posts mentioned above.
  • To determine if you are on the list, please go to your comment and save it. The comment ID is what gets recorded and selected, which looks like this: e3yxpj4.
  • The user who created the winning comment will be informed of their luck and will provide any information necessary for their chosen payment methods (mods will help set this up if needed).
  • The generous Reddit community donates to this lucky person, hopefully making some worthy soul a millionaire! A donation table will be stickied to the winner’s post, giving users the freedom in how they donate.
  • The lucky Redditor follows up with a thank you within the next days, revealing to the community exactly how much was raised and thanking their generosity.
Reminders
  • Take the time you have available now to setup your PayPal, Square Cash, and Google Wallet account, and/or cryptocurrency wallets. (Note: Some services may not be available depending on where you reside.)
  • To buy any cryptocurrencies, you may use Coinbase for purchases using your bank account.
  • To store cryptocurrencies, there are many accessible wallets, and if you win, you will be guided on which ones to download. For Bitcoin and Bitcoin Cash, it’s recommended to use the Bitcoin.com wallet for iOS and Android, or the Electrum and Electron Cash wallet for Mac, Linux, and PC.
  • Please try your best to donate a $1, no matter who wins. Every single dollar, cent, anything really counts, so please take the effort to remember and go through with it.
  • If you want to be reminded to donate, please comment "RemindMe! 3 days Donation for /millionairemakers".
  • Spread the word! The more people who participate, the better this gets for everyone! There has been a correlation between this subreddit making it in /all and an increase in donations.
  • Try to cross-post to relevant subs. (Please don't spam other subs though. We're not trying to make any enemies here.)
  • If you are under 18, please talk to your parents to get their consent to participate and use their help to setup a PayPal account.
MOST IMPORTANTLY
Remember, this is about generosity, making history, and coming together to make someone's life better. It takes three minutes to donate a bit to the winner, whether you're well off and want to donate a couple buckeroos, or going through tough times and can only donate a few pennies. Every cent counts.
Note about legality: This is NOT a lottery. You don't have to pay to enter. No prizes are given away directly by the moderators of this subreddit (the moderators will never even touch your donations; this is done voluntarily). As for gift taxes, according to the IRS they're generally paid by the donor, and any donation under $14,000 is not taxable.
If a lone $1 can get you a hamburger, imagine the possibilities with $1,000,000. You can go enjoy yourself by participating in concerts, travel through Europe, or even plan a wedding!
One million dollars can be enough to change someone’s life. Spread the word: have your friends and family comment, post the link to your friendly-neighborhood social media network, and share it to anyone interested.
So, you know how this goes: LET'S MAKE A MILLIONAIRE!
Now, a haiku for those into literary works:
Make millionaires,
I didn’t plan this ahead...
Refrigerator.
NOT-SO-NINJA EDIT: Apparently, I did it an hour too early. Well, let it be known: 22:00 UTC is the new 23:00 UTC! I will also leave this open for 25 hours, as some people may have scheduled their plan, and may have not anticipated an early post.
NOT EVEN A NINJA EDIT: So... plans changed. This post has been open for 30 hours, five more hours than I have anticipated. Due to fairness, I will not delete the delayed comments. Thank you for your support!
submitted by lilfruini to millionairemakers [link] [comments]

Millionaire Makers - A Night to Remember (Comment to Enter!) [Drawing Thread #34]

Love changes the mind of pretenders this 21st night of September!

TL;DR: Leave a comment on this thread. A random user will be chosen, and everyone donates a dollar to make a millionaire. You are welcome to spread this thread via upvoting, telling friends and family, and sharing on social media! RemindMeBot links may be edited in within several hours.
What is this, anyway?
Three years ago, a Redditor posted an idea in /Showerthoughts that speculated the fact, if a million people picked a certain Redditor and all donated just $1, they would have the power to make someone a millionaire.
This subreddit is an embodiment of that showerthought, and the monthly drawings are the attempts to make it happen.
We need your help to keep this running, which amounts to only $1 a month to make someone's day. In the long term, that’s $120 every decade, which is a much more affordable price than other expenses. How does it work? Below, you will find an explanation on entering, rules to keep in mind, the selection, and other important things to note.
How to enter:
Important Rules:
How will the winner be picked and how can you donate?
Reminders
MOST IMPORTANTLY
Remember, this is about generosity, making history, and coming together to make someone's life better. It takes three minutes to donate a bit to the winner, whether you're well off and want to donate a couple buckeroos, or going through tough times and can only donate a few pennies. Every cent counts.
Note about legality: This is NOT a lottery. You don't have to pay to enter. No prizes are given away directly by the moderators of this subreddit (the moderators will never even touch your donations; this is done voluntarily). As for gift taxes, according to the IRS they're generally paid by the donor, and any donation under $14,000 is not taxable.
If a lone $1 can get you a hamburger, imagine the possibilities with $1,000,000. You can go enjoy yourself by participating in concerts, travel through Europe, or even plan a wedding!
One million dollars can be enough to change someone’s life. Spread the word: have your friends and family comment, post the link to your friendly-neighborhood social media network, and share it to anyone interested.
So, you know how this goes: LET'S MAKE A MILLIONAIRE!
Last time, I failed to make a proper haiku, so redemption!
A dollar I say,
Can be millions some way,
A beautiful day.
NOTE: Expect an edit with the RemindMeBot links in several hours. Additionally, you can comment "RemindMe! 3 days Donation for /millionairemakers" to be automatically reminded without the need to send a PM.
EDIT: So, I believe I'm not capable of retrieving the proper PM links for the RemindMeBot. It's an endeavor that takes a small amount of time, but I prioritized other things. Additionally, there will be a three-hour gap between this post being closed and the comment IDs being downloaded, which will take place at 2:00 UTC. There will be two checks performed near said time to determine if comments won't be deleted. Any inconsistencies between the checks and the retrieval itself will delay the retrieval of the IDs by an hour. If you need to delete any comments, DO IT NOW! Thank you for your efforts in making a millionaire!
submitted by lilfruini to millionairemakers [link] [comments]

We're making a millionaire together, enter here! [Drawing Thread #30]

rocketblitz is the winner! Make your dollar donation here: https://redd.it/674vgf

twitter | mailing list

TL;DR: Leave a comment on this thread. A random user will be chosen, and everyone donates a dollar to make a millionaire. Don't forget to upvote this thread, subscribe to our twitter, and join our mailing list! Reminder to donate and reminder to enter the next drawing
What is this, anyway?
Two years ago, a redditor posted an idea in /Showerthoughts that speculated the fact that If a million of us picked a certain redditor and all donated just $1, we would have the power to make someone a millionaire.
We are now an embodiment of that showerthought, and this is our next attempt to make it happen.
We need your help to keep this running, which only amounts to a $1 a month to make someone's day. Now how does it work? Look below.
How to enter:
Important Rules:
How will the winner be picked and how can you donate?
Reminders
At this point, Reddit, it's all up to you. Make us proud. Change the world. Prove the internet can do good.
MOST IMPORTANTLY
Remember, this is about generosity, about making history, and about coming together to make someone's life better. So take 3 minutes to donate a bit to the winner, whether you're well off and want to donate a few bucks, or going through tough times and can only donate a few cents. Every cent counts.
Note about legality: This is NOT a lottery. You don't have to pay to enter. Also, WE are not giving any prizes away (the moderators will never even touch your donations). As for gift taxes, according to the IRS they're generally paid by the donor, and any donation under $14,000 is not taxable.
Think of what you could do with $1,000,000... You could pay off student loans, have lifesaving surgery, or even give $1 to a million people!
So Reddit, thanks for sticking with us through that long post. It's finally time to change a life. Help us to the front page, so we can make history, and...
LET'S MAKE A MILLIONAIRE!
submitted by millionairemakers to millionairemakers [link] [comments]

Threshold Signature Explained— Bringing Exciting Applications with TSS

Threshold Signature Explained— Bringing Exciting Applications with TSS
— A deep dive into threshold signature without mathematics by ARPA’s cryptographer Dr. Alex Su

https://preview.redd.it/cp0wib2mk0q41.png?width=757&format=png&auto=webp&s=d42056f42fb16041bc512f10f10fed56a16dc279
Threshold signature is a distributed multi-party signature protocol that includes distributed key generation, signature, and verification algorithms.
In recent years, with the rapid development of blockchain technology, signature algorithms have gained widespread attention in both academic research and real-world applications. Its properties like security, practicability, scalability, and decentralization of signature are pored through.
Due to the fact that blockchain and signature are closely connected, the development of signature algorithms and the introduction of new signature paradigms will directly affect the characteristics and efficiency of blockchain networks.
In addition, institutional and personal account key management requirements stimulated by distributed ledgers have also spawned many wallet applications, and this change has also affected traditional enterprises. No matter in the blockchain or traditional financial institutions, the threshold signature scheme can bring security and privacy improvement in various scenarios. As an emerging technology, threshold signatures are still under academic research and discussions, among which there are unverified security risks and practical problems.
This article will start from the technical rationale and discuss about cryptography and blockchain. Then we will compare multi-party computation and threshold signature before discussing the pros and cons of different paradigms of signature. In the end, there will be a list of use cases of threshold signature. So that, the reader may quickly learn about the threshold signature.
I. Cryptography in Daily Life
Before introducing threshold signatures, let’s get a general understanding of cryptography. How does cryptography protect digital information? How to create an identity in the digital world? At the very beginning, people want secure storage and transmission. After one creates a key, he can use symmetric encryption to store secrets. If two people have the same key, they can achieve secure transmission between them. Like, the king encrypts a command and the general decrypts it with the corresponding key.
But when two people do not have a safe channel to use, how can they create a shared key? So, the key exchange protocol came into being. Analogously, if the king issues an order to all the people in the digital world, how can everyone proves that the sentence originated from the king? As such, the digital signature protocol was invented. Both protocols are based on public key cryptography, or asymmetric cryptographic algorithms.


“Tiger Rune” is a troop deployment tool used by ancient emperor’s, made of bronze or gold tokens in the shape of a tiger, split in half, half of which is given to the general and the other half is saved by the emperor. Only when two tiger amulets are combined and used at the same time, will the amulet holder get the right to dispatch troops.
Symmetric and asymmetric encryption constitute the main components of modern cryptography. They both have three fixed parts: key generation, encryption, and decryption. Here, we focus on digital signature protocols. The key generation process generates a pair of associated keys: the public key and the private key. The public key is open to everyone, and the private key represents the identity and is only revealed to the owner. Whoever owns the private key has the identity represented by the key. The encryption algorithm, or signature algorithm, takes the private key as input and generate a signature on a piece of information. The decryption algorithm, or signature verification algorithm, uses public keys to verify the validity of the signature and the correctness of the information.
II. Signature in the Blockchain
Looking back on blockchain, it uses consensus algorithm to construct distributed books, and signature provides identity information for blockchain. All the transaction information on the blockchain is identified by the signature of the transaction initiator. The blockchain can verify the signature according to specific rules to check the transaction validity, all thanks to the immutability and verifiability of the signature.
For cryptography, the blockchain is more than using signature protocol, or that the consensus algorithm based on Proof-of-Work uses a hash function. Blockchain builds an infrastructure layer of consensus and transaction through. On top of that, the novel cryptographic protocols such as secure multi-party computation, zero-knowledge proof, homomorphic encryption thrives. For example, secure multi-party computation, which is naturally adapted to distributed networks, can build secure data transfer and machine learning platforms on the blockchain. The special nature of zero-knowledge proof provides feasibility for verifiable anonymous transactions. The combination of these cutting-edge cryptographic protocols and blockchain technology will drive the development of the digital world in the next decade, leading to secure data sharing, privacy protection, or more applications now unimaginable.
III. Secure Multi-party Computation and Threshold Signature
After introducing how digital signature protocol affects our lives, and how to help the blockchain build identities and record transactions, we will mention secure multi-party computation (MPC), from where we can see how threshold signatures achieve decentralization. For more about MPC, please refer to our previous posts which detailed the technical background and application scenarios.
MPC, by definition, is a secure computation that several participants jointly execute. Security here means that, in one computation, all participants provide their own private input, and can obtain results from the calculation. It is not possible to get any private information entered by other parties. In 1982, when Prof. Yao proposed the concept of MPC, he gave an example called the “Millionaires Problem” — two millionaires who want to know who is richer than the other without telling the true amount of assets. Specifically, the secure multiparty computation would care about the following properties:
  • Privacy: Any participant cannot obtain any private input of other participants, except for information that can be inferred from the computation results.
  • Correctness and verifiability: The computation should ensure correct execution, and the legitimacy and correctness of this process should be verifiable by participants or third parties.
  • Fairness or robustness: All parties involved in the calculation, if not agreed in advance, should be able to obtain the computation results at the same time or cannot obtain the results.
Supposing we use secure multi-party computation to make a digital signature in a general sense, we will proceed as follows:
  • Key generation phase: all future participants will be involved together to do two things: 1) each involved party generates a secret private key; 2) The public key is calculated according to the sequence of private keys.
  • Signature phase: Participants joining in a certain signature use their own private keys as private inputs, and the information to be signed as a public input to perform a joint signature operation to obtain a signature. In this process, the privacy of secure multi-party computing ensures the security of private keys. The correctness and robustness guarantee the unforgeability of the signature and everyone can all get signatures.
  • Verification phase: Use the public key corresponding to the transaction to verify the signature as traditional algorithm. There is no “secret input” during the verification, this means that the verification can be performed without multi-party computation, which will become an advantage of multi-party computation type distributed signature.
The signature protocol constructed on the idea of ​​secure multiparty computing is the threshold signature. It should be noted that we have omitted some details, because secure multiparty computing is actually a collective name for a type of cryptographic protocol. For different security assumptions and threshold settings, there are different construction methods. Therefore, the threshold signatures of different settings will also have distinctive properties, this article will not explain each setting, but the comparative result with other signature schemes will be introduced in the next section.
IV. Single Signature, Multi-Signature and Threshold Signature
Besides the threshold signature, what other methods can we choose?
Bitcoin at the beginning, uses single signature which allocates each account with one private key. The message signed by this key is considered legitimate. Later, in order to avoid single point of failure, or introduce account management by multiple people, Bitcoin provides a multi-signature function. Multi-signature can be simply understood as each account owner signs successively and post all signatures to the chain. Then signatures are verified in order on the chain. When certain conditions are met, the transaction is legitimate. This method achieves a multiple private keys control purpose.
So, what’s the difference between multi-signature and threshold signature?
Several constraints of multi-signature are:
  1. The access structure is not flexible. If an account’s access structure is given, that is, which private keys can complete a legal signature, this structure cannot be adjusted at a later stage. For example, a participant withdraws, or a new involved party needs to change the access structure. If you must change, you need to complete the initial setup process again, which will change the public key and account address as well.
  2. Less efficiency. The first is that the verification on chain consumes power of all nodes, and therefore requires a processing fee. The verification of multiple signatures is equivalent to multiple single signatures. The second is performance. The verification obviously takes more time.
  3. Requirements of smart contract support and algorithm adaptation that varies from chain to chain. Because multi-sig is not naturally supported. Due to the possible vulnerabilities in smart contracts, this support is considered risky.
  4. No anonymity, this is not able to be trivially called disadvantage or advantage, because anonymity is required for specific conditions. Anonymity here means that multi-signature directly exposes all participating signers of the transaction.
Correspondingly, the threshold signature has the following features:
  1. The access structure is flexible. Through an additional multi-party computation, the existing private key sequence can be expanded to assign private keys to new participants. This process will not expose the old and newly generated private key, nor will it change the public key and account address.
  2. It provides more efficiency. For the chain, the signature generated by the threshold signature is not different from a single signature, which means the following improvements : a) The verification is the same as the single signature, and needs no additional fee; b ) the information of the signer is invisible, because for other nodes, the information is decrypted with the same public key; c) No smart contract on chain is needed to provide additional support.
In addition to the above discussion, there is a distributed signature scheme supported by Shamir secret sharing. Secret sharing algorithm has a long history which is used to slice information storage and perform error correction information. From the underlying algorithm of secure computation to the error correction of the disc. This technology has always played an important role, but the main problem is that when used in a signature protocol, Shamir secret sharing needs to recover the master private key.
As for multiple signatures or threshold signature, the master private key has never been reconstructed, even if it is in memory or cache. this short-term reconstruction is not tolerable for vital accounts.
V. Limitations
Just like other secure multi-party computation protocols, the introduction of other participants makes security model different with traditional point-to-point encrypted transmission. The problem of conspiracy and malicious participants were not taken into account in algorithms before. The behavior of physical entities cannot be restricted, and perpetrators are introduced into participating groups.
Therefore, multi-party cryptographic protocols cannot obtain the security strength as before. Effort is needed to develop threshold signature applications, integrate existing infrastructure, and test the true strength of threshold signature scheme.
VI. Scenarios
1. Key Management
The use of threshold signature in key management system can achieve a more flexible administration, such as ARPA’s enterprise key management API. One can use the access structure to design authorization pattern for users with different priorities. In addition, for the entry of new entities, the threshold signature can quickly refresh the key. This operation can also be performed periodically to level up the difficulty of hacking multiple private keys at the same time. Finally, for the verifier, the threshold signature is not different from the traditional signature, so it is compatible with old equipments and reduces the update cost. ARPA enterprise key management modules already support Elliptic Curve Digital Signature Scheme secp256k1 and ed25519 parameters. In the future, it will be compatible with more parameters.

https://preview.redd.it/c27zuuhdl0q41.png?width=757&format=png&auto=webp&s=26d46e871dadbbd4e3bea74d840e0198dec8eb1c
2. Crypto Wallet
Wallets based on threshold signature are more secure because the private key doesn’t need to be rebuilt. Also, without all signatures posted publicly, anonymity can be achieved. Compared to the multi-signature, threshold signature needs less transaction fees. Similar to key management applications, the administration of digital asset accounts can also be more flexible. Furthermore, threshold signature wallet can support various blockchains that do not natively support multi-signature, which reduces the risk of smart contracts bugs.

Conclusion

This article describes why people need the threshold signature, and what inspiring properties it may bring. One can see that threshold signature has higher security, more flexible control, more efficient verification process. In fact, different signature technologies have different application scenarios, such as aggregate signatures not mentioned in the article, and BLS-based multi-signature. At the same time, readers are also welcomed to read more about secure multi-party computation. Secure computation is the holy grail of cryptographic protocols. It can accomplish much more than the application of threshold signatures. In the near future, secure computation will solve more specific application questions in the digital world.

About Author

Dr. Alex Su works for ARPA as the cryptography researcher. He got his Bachelor’s degree in Electronic Engineering and Ph.D. in Cryptography from Tsinghua University. Dr. Su’s research interests include multi-party computation and post-quantum cryptography implementation and acceleration.

About ARPA

ARPA is committed to providing secure data transfer solutions based on cryptographic operations for businesses and individuals.
The ARPA secure multi-party computing network can be used as a protocol layer to implement privacy computing capabilities for public chains, and it enables developers to build efficient, secure, and data-protected business applications on private smart contracts. Enterprise and personal data can, therefore, be analyzed securely on the ARPA computing network without fear of exposing the data to any third party.
ARPA’s multi-party computing technology supports secure data markets, precision marketing, credit score calculations, and even the safe realization of personal data.
ARPA’s core team is international, with PhDs in cryptography from Tsinghua University, experienced systems engineers from Google, Uber, Amazon, Huawei and Mitsubishi, blockchain experts from the University of Tokyo, AIG, and the World Bank. We also have hired data scientists from CircleUp, as well as financial and data professionals from Fosun and Fidelity Investments.
For more information about ARPA, or to join our team, please contact us at [email protected].
Learn about ARPA’s recent official news:
Telegram (English): https://t.me/arpa_community
Telegram (Việt Nam): https://t.me/ARPAVietnam
Telegram (Russian): https://t.me/arpa_community_ru
Telegram (Indonesian): https://t.me/Arpa_Indonesia
Telegram (Thai): https://t.me/Arpa_Thai
Telegram (Philippines):https://t.me/ARPA_Philippines
Telegram (Turkish): https://t.me/Arpa_Turkey
Korean Chats: https://open.kakao.com/o/giExbhmb (Kakao) & https://t.me/arpakoreanofficial (Telegram, new)
Medium: https://medium.com/@arpa
Twitter: u/arpaofficial
Reddit: https://www.reddit.com/arpachain/
Facebook: https://www.facebook.com/ARPA-317434982266680/54
submitted by arpaofficial to u/arpaofficial [link] [comments]

Some Earning Experiments

Hello Fellow Redditors,
I am going to list some of my income sources. I will try to give as much information as I can.
Some details about me:I am u/abhiearns, I am currently studying. I want to create some sort of extra income sources. I have been trying to use beermoney as well as other passive income communities like passive_income, passiveincome to find some sites and sources that can work for me.
Enough with the details, Let start by listing some of my extra income sources.
Active Earning: So, I will start with sites on which you have to work actively and devote some serious hours to earn some extra income. These are some beermoney sites (include survey sites, and other such sites):
Passive Earning (No Initial Investments): These will list some of my passive earning sources, I am not listing my investments here because I think they deserve a separate section.Disclaimer: I have 2 laptops and an extra phone so I use all of them for earning, the payments may vary depending on the number and power of various computers.
Passive Earning (Investments Required): These are the sources which require some sort of initial investment. These sources can be risky and there are chances to lose money.

\** I am still trying other sites and apps. I will keep updating this post.*
These are some of the sources I use to earn, I highly recommend these. I won't say you will become a millionaire using these but still its little more than you had yesterday.
submitted by abhiearns to AbhiEarns [link] [comments]

Time to make a millionaire, do YOU have the luck of the Irish? [Drawing Thread #29]

kep700 is the winner! Make your dollar donation here: https://redd.it/60ie2e

twitter | mailing list

TL;DR: Leave a comment on this thread. A random user will be chosen, and everyone donates a dollar to make a millionaire. Don't forget to upvote this thread, subscribe to our twitter, and join our mailing list! Reminder to donate and reminder to enter the next drawing
What is this, anyway?
Two years ago, a redditor posted an idea in /Showerthoughts that speculated the fact that If a million of us picked a certain redditor and all donated just $1, we would have the power to make someone a millionaire.
We are now an embodiment of that showerthought, and this is our next attempt to make it happen.
We need your help to keep this running, which only amounts to a $1 a month to make someone's day. Now how does it work? Look below.
How to enter:
Important Rules:
How will the winner be picked and how can you donate?
Reminders
At this point, Reddit, it's all up to you. Make us proud. Change the world. Prove the internet can do good.
MOST IMPORTANTLY
Remember, this is about generosity, about making history, and about coming together to make someone's life better. So take 3 minutes to donate a bit to the winner, whether you're well off and want to donate a few bucks, or going through tough times and can only donate a few cents. Every cent counts.
Note about legality: This is NOT a lottery. You don't have to pay to enter. Also, WE are not giving any prizes away (the moderators will never even touch your donations). As for gift taxes, according to the IRS they're generally paid by the donor, and any donation under $14,000 is not taxable.
Think of what you could do with $1,000,000... You could pay off student loans, have lifesaving surgery, or even give $1 to a million people!
So Reddit, thanks for sticking with us through that long post. It's finally time to change a life. Help us to the front page, so we can make history, and...
LET'S MAKE A MILLIONAIRE!
submitted by millionairemakers to millionairemakers [link] [comments]

Enter the most anticipated event of the day, where we make a millionaire! [Drawing Thread #27]

twitter | mailing list

TL;DR: Leave a comment on this thread. A random user will be chosen, and everyone donates a dollar to make a millionaire. Don't forget to upvote this thread, subscribe to our twitter, and join our mailing list! Reminder to donate and reminder to enter the next drawing
What is this, anyway?
Two years ago, a redditor posted an idea in /Showerthoughts that speculated the fact that If a million of us picked a certain redditor and all donated just $1, we would have the power to make someone a millionaire.
We are now an embodiment of that showerthought, and this is our next attempt to make it happen.
We need your help to keep this running, which only amounts to a $1 a month to make someone's day. Now how does it work? Look below.
How to enter:
Important Rules:
How will the winner be picked and how can you donate?
Reminders
At this point, Reddit, it's all up to you. Make us proud. Change the world. Prove the internet can do good.
MOST IMPORTANTLY
Remember, this is about generosity, about making history, and about coming together to make someone's life better. So take 3 minutes to donate a bit to the winner, whether you're well off and want to donate a few bucks, or going through tough times and can only donate a few cents. Every cent counts.
Note about legality: This is NOT a lottery. You don't have to pay to enter. Also, WE are not giving any prizes away (the moderators will never even touch your donations). As for gift taxes, according to the IRS they're generally paid by the donor, and any donation under $14,000 is not taxable.
Think of what you could do with $1,000,000... You could pay off student loans, have lifesaving surgery, or even give $1 to a million people!
So Reddit, thanks for sticking with us through that long post. It's finally time to change a life. Help us to the front page, so we can make history, and...
LET'S MAKE A MILLIONAIRE!
submitted by millionairemakers to millionairemakers [link] [comments]

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Crazy crypto rich Asian. Bitcoin millionaire from China talks about his strategy And how he deals with Cryptocurrency market dips also how do successful investors think ahead and see opportunities... Most of the time, the road to riches is a closely guarded secret, until now. Jacana Media presents Mpho Dagada, one such young, self-made millionaire who in his memoir, Mr Bitcoin: How I became a ... Autoplay When autoplay is enabled, a suggested video will automatically play next. Up next The Fourth Turning - How this crisis was predicted 30 years ago - Duration: 10:05. #bitcoin #paypal #azijulkhan If you want to earn money online then watch this video With the new Bitcoin Earnings App, you can earn Bitcoin income at home with your mobile phone Website link https ... Bitcoin Millionaire #MphoDagada AKA Mr Bitcoin speaks to Azania Mosaka 2017 Part 2 of the Bitcoin Masterclass recorded in November 2017 Callers call in to Radio 702 and ask crypto related questions.

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