How to Buy and Use Bitcoin in 2020 (Step by Step Guide)
Bitcoin scavenger hunt for $1 million prize approaches
Market Weekly Report - Week of 20/04/2020
P95G Market Weekly Report BTC/USD hourly chart The Bitcoin price continued to go sideway during most of the week, as volatility has decreased. The price dropped to $6,500 at one point, and was able to recover and reached $7,200 toward the end of the week. It will retest the $7,400 resistance level again soon, with the current support at $7,000. The BTC price at $7,400 is a key level. If the price breaks above $7,400, it will likely reach $7,650 and test $8,000. However, if the price retraced without breaking through $7,400, it could fall below $7,000 and start a new downward trend. Reviews of the week: According to CoinMetrics, USDC’s market capitalization, which equals the amount in circulation since it trades at par for dollars, has jumped 65 percent, from $444 million on March 1 to $734 million at press time. Jeremy Allaire, the Circle CEO and co-founder, explains that as the global coronavirus crisis is accelerating mainstream adoption of blockchain technology, the startup’s new business model has received an unexpected boost, and this time much of the demand is for payments in normal business transactions, not just to move money quickly between cryptocurrency exchanges. As a stablecoin, USDC is designed to hold its value against the dollar, and backed by real-world dollars held in a bank, for which it can be redeemed on demand. Referring to the stablecoin Circle issues in partnership with Coinbase, he said the past several weeks’ explosive interest and growth in USDC have been witnessed: “there is clearly very significant global demand for digital dollars and the use of digital dollars as a new payment medium.” DCEP (Digital Currency Electronic Payment, DC/EP), which is the name of China’s official central bank digital currency (CBDC), has surfaced with its first mobile wallets being tested at Agricultural Bank of China (ABC). DCEP is reported already in the advanced testing phase in four Tier 1 and Tier 2 cities: Shenzhen, Xiong’an, Chengdu and Suzhou and it is positioning as replacement of M0 and using a two-tier operation delivery system. It shows that it will have the possibility to send and receive offline payments and it is not using a typical blockchain but more of a distributed ledger technology (DLT) style protocol. China is making giant strides in advancing with blockchain technology since China’s president Xi Jinping announced blockchain as one of the country’s technological priorities and advocated to “seize the opportunity” last year. Disclaimer: The above market commentary is based on technical analysis using historical pricing data, and is for reference only. It does not serve as investment or trading advice. About Coinviva: Coinviva aims to create the best crypto financial services ecosystem for both institutional and individual investors. We provide reliable fiat funding options, excellent trading liquidity, bank security level custody and one-stop high liquidity provision on-site & off-site. Our founding management team all come from top tiered investment banking (e.g. JP Morgan, Morgan Stanley, Bank of America Merrill Lynch), with fully comprehensive financial institution operation experience. Homepage: https://coinviva.com/ Telegram: https://t.me/coinviva
Hello and welcome to the Official Energi Cryptocurrency Reddit!
Below you will find a Table of Contents that will go over what Energi is and the fundamentals of the cryptocurrency.
Table of Contents
What is Energi?
What are the Fundamentals of Energi?
Long Term Vision
How to Get Started
Official Energi Website
Energi Earndrop Campaign
Energi Block Explorers
Proof-of-Stake Setup Guides
Masternode Setup Guide
1. What is Energi
Energi is a self-funding (non-ICO and No Premine) cryptocurrency that has a purpose to become the world’s leading cryptocurrency with the unification of Smart Contracts, Governance & Self-funding Treasury to ensure longevity and enable rapid growth. Energi provides a small allocation to Proof-of-Stake (PoS) rewards and takes a bulk of the coin issuance and give it to its treasury and active masternodes. Energi also allocates 10% on-going reward to the leadership of the Energi Backbone, which is significantly less compared to today’s ICOs’ rewarding their founders between 20–50% of the tokens distributed. Another trait that sets Energi apart from ICOs is they give an on-going 10% allocation through each block reward, rather than rewarding the founders up-front.
2. What are the Fundamentals of Energi?
One minute block times and a 2 megabyte block size limit provide Energi with a vast transaction capacity for regular on-chain transactions. This allows for plenty of space on the blockchain for extremely fast transactions with very low fees. Energi features a powerful on-chain scaling solution with a system of incentivized full nodes called Energi Masternodes. A masternode is a full node backed by 10,000 NRG collateral that provides level 2 scalability to the Energi Cryptocurrency. The Instant Send feature allows for instant transactions, even in times of network congestion. Transactions can be made securely and instantly ahead of the blockchain, as they are approved by a quorum of masternodes. Instant Send payments enjoy the same immutable transaction history as regular transactions, as they are later resolved on-chain as the network is able to. 40% of the inflation of Energi is allocated to masternodes, providing an extremely strong incentive to grow the number of full nodes and scalability of the network.
A key feature of Energi is its powerful treasury system. Energi makes up to 40% of the inflation available to the treasury, to be utilized in a manner that provides maximum benefit. Treasury allocation is decentralized, allowing for submitted proposals from anyone, to be voted on by masternodes and paid out from the inflation. Energi has a 14 day treasury cycle, allowing quick payments for proposal authors and contributors, as well as strategic responsiveness to effective proposals. Energi is guided by the principle that every dollar spent from its funding model, should yield more than dollar of value in return. Thanks to a 14 day treasury cycle, the Energi team is able to measure results and respond quickly to changes in strategy.
The Energi Treasury is a decentralized governance model designed with Masternodes as caretakers and stakeholders in Energi, with voting rights on how to best utilize treasury funding. This governance model reduces risk in the form of allowing participation from everyone who holds 10,000 NRG. In this way, the Energi community can work together on how to best build the strategic direction of Energi.
Energi Cryptocurrency has a simple rate of inflation at 1 million coins per month with no maximum cap. This ensures consistency in funding allocation, masternode rewards, and PoS rewards, making the economics of the cryptocurrency more understandable for everyone who chooses to participate in Energi. No coin supply limit ensures that Energi is prepared for the long term, avoiding “bubble” economics caused by dramatic early inflation that in most coins only serves to benefit founders ahead of increased adoption.
Energi conducted a fair launch on April 14, 2018 with NO ICO and NO PREMINE. Prior to launch, the Energi team gave a specific time and date for the launch of its main net, which its vibrant community eagerly awaited, so that mining could begin fairly, again avoiding centralization among the coin founders (It's important to note that Energi has transitioned to Proof-of-Work consensus to a Proof-of-Stake consensus). Energi masternode payments were designed to begin at block 216000, which occurred on September 18, 2018, almost 160 days after launch. This ensured time to list Energi on exchanges, and to grow the community, encouraging fair and equitable distribution before the extremely powerful masternode rewards began. It is all too common for masternode coins to feature a premine, which has the effect of centralizing distribution among the founders and early adopters. Energi has an ongoing Earndrop; a distribution of 4 million coins to users who contribute with social media activities about Energi, such as tweets, follows, and subscriptions on all major social media platforms. So far nearly 1 million coins have been distributed, helping to grow an enthusiastic community and serve to bring coins to the market in a way that is inspired by generosity.
Delayed masternode payments have allowed the market time to react to the future of Energi, helping to ensure a decentralized community of masternode holders. Decentralized governance with masternodes help to ensure everyone is able to participate in Energi and help guide the project to achieve the best results.
Long Term Vision
All of the above features seamlessly work together in concert, to ensure that Energi is prepared for the long term. Rather than try to closely find a niche in the market, Energi is prepared to adapt and overcome all challenges for many years to come. Energi’s use case is that of a traditional cryptocurrency, such as Bitcoin. However, Energi’s strategy is to excel by avoiding the pitfalls of previous projects, while further utilizing and improving upon the most powerful ideas in the cryptocurrency space.
3. Coin Specs
Ticker: NRG Block time: 1 minute. Hashing Algorithm: Dagger-Hashimoto (similar to Ethereum). Masternode requirements: 10,000 Energi. Treasury cycle: Every 14 days. Approximately 1 million Energi will be released per month. The allocations can be observed easily as “10/10/40/40.” 10% will go to the Energi Backbone. 10% to the PoS participants 40% to Masternodes. 40% to the Treasury. Thus, for every block, allocations are: 2.28 Energi to the Backbone, 2.28 Energi to the PoS participants, 9.14 Energi to the Treasury, and 9.14 Energi to Masternodes. Since Treasury allocations are paid in two-week cycles, they are made in lump sums of approximately 184,000 Energi every 14 days. In order to allow for widespread distribution of Energi before Masternode payments begin, Masternode rewards will be delayed until day 150, this is to allow the airdrop campaign to be completed and ensure a large amount of Energi is spread out through the community. Until this point, Masternode rewards will be re-directed to the Treasury. Thus for the first 5 months, the Treasury will have approximately 368,000 Energi every two weeks (about 800k Energi per month). The airdrop campaign is designed to release ~4 million Energi to the community.
Energi chose not to premine and not to do an ICO. Instead, we will conduct multiple rounds of Earndrops to disperse rewards for people who engage with our community. In order for us to process your Earndrop info for you in a fast and efficient manner, we ask that you upload quality information. This includes clear non-mirrored pictures, readable text in images, and non-offensive usernames. Failure to upload quality information may lead to you not receiving any Earndrop rewards. https://earndrop.energi.world/homepage
Navigating the Fundamental Analysis in Crypto (part 1)
Hi BitcoinMarkets , I am the owner of taughtu and we post trading and business articles every week teaching people something new. Since the market has been heating up lately, I wanted to share an article we recently did on fundamental analysis in crypto that I think you will enjoy! Definitely a must read before alt season. ------------------ One of the most overlooked skills in cryptocurrency, Fundamental Analysis, is the minimum one requires to preserve their capital in a highly volatile market like crypto. But what exactly is it? Introduction to Fundamental Analysis If you are good at SWOT analysis, or at least know what it is, then you are already on the right track. Traditional analyses do not work in crypto, in that a single day can wipe off billions of dollars from a project’s valuation or ‘pump’ its value by 2-10x in a day during an ‘altseason’ (yes, we will see one again). Generally speaking, one has to modify the traditional SWOT analysis and calibrate it to suit one’s own style. Moreover, the ‘standard framework’ is not suitable for crypto assets. How exactly, would obviously depend on what you are looking for in a project. More on that later. How will you get better at it? The more you analyze projects and try to find their shortcomings, the better you will become, and during this process, develop your own ‘style’. The rationale to look for shortcomings in a project is due to the fact that no project will highlight their weaknesses (and what is funny is, many projects know their weaknesses but do not care). Hence, starting to look into a project with a negative bias is always beneficial. There are three pillars to fundamental analysis in my opinion:
The project itself
The ‘blockchain level’ competition
The real world industry/application domain the project is targeting
1 - The Project It is crucial to know first, what exactly is the project trying to achieve. Many projects’ homepage doesn’t even say that. Knowing what the project aims to do would help you figure out whether the project is really required, or, can it really survive and become a full fledged currency/company. Then comes the investigation about the team, its composition, experience, vision etc. Has the team ‘doxxed’ itself, if not, do they have a solid reason for that? Are the team’s linkedin, githubs available for review? A team which is open about their experience gets plus points from me. But it is always a double edged sword, in that some projects which are at nascent stage, and no information about the team might go on to give the most returns due to undervaluation resulting from the uncertainty about the team. E.g. – Luxcore project went parabolic due to this factor, as people were betting heavily on ‘what if factor’ about the team. Interestingly, my favorite cryptocurrency project has an anon team still, even though I have a decent investment in them. My reasoning is that I am willing to take that risk, and having seen their work, I am confident that the devs know their game, and team disclosure in future will only help the project’s credibility, not the other way around. To conclude the first point, I will come to the main question – Is this project really required? We have so many privacy clones, PoS projects, ‘DAPPs’ projects (biggest meme of them all), ‘fast transaction’ based crypto currency and so on. The top 200 is overcrowded, and full of similar ideas, and I believe 80% of them will eventually die. The goal is to find the ones with a high chance of survival. So the idea has to impress me, generally in the first 2-4 minutes. Personally, if it is not unique enough, or ambitious enough, my excitement and attention starts to dwindle. And all this is before I even open the white paper. The amount of time and deep dive I do into the white paper depends on the above process. Whitepapers, in general, are intended to describe the project to a layman. What I have observed is, most people tend to skip any mention of technology/algo/implementation, thinking ‘I do not have a technical background’, and this is where some get it wrong. Spend some time to investigate those terms/ideas (Google is always your friend, IF we do not get into the data stealing aspect). By this time, one would be in a position to ascertain what exactly the project aspires to do, and the real world problem they are trying to solve. Essentially, a project has to solve a real world problem, or a problem with the blockchain technology itself, or improvise upon an existing idea by a big margin. 2 - The Competition This is the most important factor after the initial ‘vetting’ of the project. A good team will always know their competition, and focus on doing things better than them, and innovate further. If this is not true for a project, then the ONLY thing going for the project would be the difference in the respective valuations. For e.g. ,why do we need a new privacy coin, when we have projects like Monero and Zecash, which have progressed quite a bit technologically, have a big community backing them, and of course significant cash stockpile. To build up on this example, most privacy clones will die, leaving the space for the innovators to capture. There are various factors which have to be considered when we compare a big cap incumbent and a low cap challenger (to be discussed in subsequent articles). Personally, I am always inclined to bet on low/micro cap projects aiming to take on the more established ones, and envision to take the innovation to next level. To elaborate, consider an example – If project A is at $500 million+ (IN A BEAR MARKET), and a microcap, lets call it project B, have technology parity, or slightly better technology(project B), then I see no reason for it to not grow to compete with A. This is exactly where the most gains are made. But there is a risk associated with this approach – what if there is a mega ‘FUD’ hitting the project, or team gets entangled in financial issues, or maybe goes under 51% attack etc.? Some examples being $CAL, $XHV etc. If a microcap’s reputation takes a beating, it takes them significantly more time to regain credibility than their big cap competition (more on all these points in the next article). To wrap up this section, success of a project also highly depends on the competition, market dynamics, and the community backing it. 3 - The Real World Now even though fully decentralized organizations are at least 7-10 years away, for me, a project has to solve a real world problem, or a problem with the blockchain technology itself. For e.g. the logistics industry, where incorporating blockchain technology can help improve efficiencies. Another example is migration of traditional technology infrastructure of existing big companies to a decentralized one. These are mere examples. My point is, projects targeting such domains and aiming to solve real world problems, are the most probable to get adopted the fastest (adoption is not merely building more wallets, or having crypto stored in phones. That’s just the financial domain, albeit the most resilient one. More on it in the next article). To add to the point, the lesser the competition to such projects, higher the chances of success. Another approach is looking into the projects aiming to improve blockchain technology, for e.g. say the projects improving and/or enhancing Ethereum ecosystem, or bring innovation in the blockchain space, for e.g. STO focussed projects. Discussing further about the real world opportunities/domains where blockchain projects can contribute and add value(numerous) is out of scope of this introductory article. Conclusion To sum up, the above 3 steps to fundamental analysis can greatly help one to analyze the inherent value a project offers. However, these cover just a basic review of the project. There are more detailed aspects which are crucial to take a measure of a given project, viz. token economics, team finances, community, code review/audit, regulations, whether the token is actually required, what to do if you are from a non-technical background etc. These topics will be covered in subsequent articles in this series. Always DYOR! Hope these ideas help at least some of you. Written by @le_lannister taughtu.com
Let’s take a lucky guess that you’re here today because you’ve heard a lot about cryptocurrencies and you want to get involved, right? If you’re a community person, Dogecoin mining might be the perfect start for you! Bitcoin was the first in 2009, and now there are hundreds of cryptocurrencies. These new coins (that operate on their own native blockchain) are called altcoins or alternative coins. One popular altcoin is Dogecoin. It can be bought, sold and traded, just like Bitcoin. It can also be mined! So, what is Dogecoin mining? You’ll know what hardware and what software you need to get started. You’ll also know whether or not Dogecoin mining is for you! So, where would you like to start? The beginning? Great choice. Let’s have a quick look at how Dogecoin got started. A (Very) Short History of Dogecoin In 2013, an Australian named Jackson Palmer and an American named Billy Markus became friends. They became friends because they both liked cryptocurrencies. However, they also thought the whole thing was getting too serious so they decided to create their own. Palmer and Markus wanted their coin to be more fun and more friendly than other crypto coins. They wanted people who wouldn’t normally care about crypto to get involved. They decided to use a popular meme as their mascot — a Shiba Inu dog. https://preview.redd.it/rymnyyz1iil31.png?width=303&format=png&auto=webp&s=f138e3fe56eef9c6b0e7f49b84fefc41fb83e5aa Dogecoin was launched on December 6th, 2013. Since then it has become popular because it’s playful and good-natured. Just like its mascot! Dogecoin has become well-known for its use in charitable acts and online tipping. In 2014, $50,000 worth of Dogecoin was donated to the Jamaican Bobsled Team so they could go to the Olympics. Dogecoin has also been used to build wells in Kenya. Isn’t that awesome! Users of social platforms – like Reddit – can use Dogecoin to tip or reward each other for posting good content. Dogecoin has the 27th largest market cap of any cryptocurrency. Note: A market cap (or market capitalization) is the total value of all coins on the market. So, Dogecoin is a popular altcoin, known for being fun, friendly and kind. It’s a coin with a dog on it! You love it already, don’t you? Next, I want to talk about how mining works… What is Mining? To understand mining, you first need to understand how cryptocurrencies work. Cryptocurrencies are peer-to-peer digital currencies. This means that they allow money to be transferred from one person to another without using a bank. Every cryptocurrency transaction is recorded on a huge digital database called a blockchain. The database is stored across thousands of computers called nodes. Nodes put together groups of new transactions and add them to the blockchain. These groups are called blocks. Each block of transactions has to be checked by all the nodes on the network before being added to the blockchain. If nodes didn’t check transactions, people could pretend that they have more money than they really do (I know I would!). Confirming transactions (mining) requires a lot of computer power and electricity so it’s quite expensive. Blockchains don’t have paid employees like banks, so they offer a reward to users who confirm transactions. The reward for confirming new transactions is new cryptocurrency. The process of being rewarded with new currency for confirming transactions is what we call “mining”! https://preview.redd.it/rcut2jx3iil31.png?width=598&format=png&auto=webp&s=8d78d41c764f4fe4e6386da4f40a66556a873b87 It is called mining because it’s a bit like digging for gold or diamonds. Instead of digging with a shovel for gold, you’re digging with your computer for crypto coins! Each cryptocurrency has its own blockchain. Different ways of mining new currency are used by different coins where different rewards are offered. So, how do you mine Dogecoin? What’s special about Dogecoin mining? Let’s see… What is Dogecoin Mining? Dogecoin mining is the process of being rewarded with new Dogecoin for checking transactions on the Dogecoin blockchain. Simple, right? Well no, it’s not quite that simple, nothing ever is! Mining Dogecoin is like a lottery. To play the lottery you have to do some work. Well, actually your computer (or node) has to do some work! This work involves the confirming and checking of transactions which I talked about in the last section. Lots of computers work on the same block of transactions at the same time but the only one can win the reward of new coins. The one that earns the new coins is the node that adds the new block of transactions to the old block of transactions. This is completed using complex mathematical equations. The node that solves the mathematical problem first wins! It can then attach the newly confirmed block of transactions to the rest of the blockchain. Most cryptocurrency mining happens this way. However, Dogecoin mining differs from other coins in several important areas. These areas are;
Algorithm: Each cryptocurrency has a set of rules for mining new currency. These rules are called a mining or hashing algorithm.
Block Time: This is the average length of time it takes for a new block of transactions to be checked and added to the blockchain.
Difficulty: This is a number that represents how hard it is to mine each new block of currency. You can use the difficulty number to work out how likely you are to win the mining lottery. Mining difficulty can go up or down depending on how many miners there are. The difficulty is also adjusted by the coin’s protocol to make sure that the block time stays the same.
Reward: This is the amount of new currency that is awarded to the miner of each new block.
Now, let’s compare how DogeCoin mining works compared to Litecoin and Bitcoin… Mining Comparison Bitcoin uses SHA-256 to guide the mining of new currency and the other two use Scrypt. This is an important difference because Scrypt mining needs a lot less power and is a lot quicker than SHA-256. This makes mining easier for miners with less powerful computers. Fans of Litecoin and Dogecoin think that they are fairer than Bitcoin because more people can mine them. Note: In 2014, Litecoin and Dogecoin merged mining. This means they made it possible to mine both coins in the same process. Dogecoin mining is now linked with Litecoin mining. It’s like two different football teams playing home games in the same stadium! Mining Dogecoin is a lot faster than mining Litecoin or Bitcoin. The block reward is much higher too! Don’t get too excited though (sorry!). Dogecoin is still worth a lot less than Bitcoin and Litecoin. A reward of ten thousand Dogecoin is worth less than thirty US Dollars. A reward of 12.5 Bitcoin is currently worth 86,391.63 US Dollars! However, it’s not as bad as it sounds. Dogecoin mining difficulty is more than one million times less than Bitcoin mining difficulty. This means you are much more likely to win the block reward when you mine Dogecoin. Now I’ve told you about what Dogecoin mining is and how it works, would you like to give it a try? Let’s see what you need to do to become a Dogecoin miner… How to Mine Dogecoin There are two ways to mine Dogecoin, solo (by yourself) or in a Dogecoin mining pool. Note: A Dogecoin pool is a group of users who share their computing power to increase the odds of winning the race to confirm transactions. When one of the nodes in a pool confirms a transaction, it divides the reward between the users of the pool equally. Dogecoin Mining: Solo vs Pool When you mine as a part of a Dogecoin pool, you have to pay fees. Also, when the pool mines a block you will only receive a small portion of the total reward. However, pools mine blocks much more often than solo miners. So, your chance of earning a reward (even though it is shared) is increased. This can provide you with a steady new supply of Dogecoin. If you choose to mine solo then you risk waiting a long time to confirm a transaction because there is a lot of competition. It could be weeks or even months before you mine your first block! However, when you do win, the whole reward will be yours. You won’t have to share it or pay any fees. As a beginner, I would recommend joining a Dogecoin pool. This way you won’t have to wait as long to mine your first block of new currency. You’ll also feel like you’re part of the community and that’s what Dogecoin is all about! What You Need To Start Mining Dogecoin Before you start Dogecoin mining, you’ll need a few basics. They are;
A PC with either Windows, OS X or Linux operating system.
An internet connection
A Shiba Inu puppy (just kidding!)
You’ll also need somewhere to keep the Dogecoin you mine. Go to Dogecoin’s homepage and download a wallet. Note: A wallet is like an email account. It has a public address for sending/receiving Dogecoin and a private key to access them. Your private keys are like your email’s password. Private keys are very important and need to be kept completely secure. There are two different types; a light wallet and a full wallet. To mine Dogecoin, you’ll need the full wallet. It’s called Dogecoin Core. Now that you’ve got a wallet, you need some software and hardware. Dogecoin Mining Hardware You can mine Dogecoin with;
Your PC’s CPU: The CPU in your PC is probably powerful enough to mine Dogecoin. However, it is not recommended. Mining can cause less powerful computers to overheat which causes damage.
A GPU: GPUs (or graphics cards) are used to improve computer graphics but they can also be used to mine Dogecoin. There are plenty of GPUs to choose from but here are a few to get you started;SAPPHIRE Pulse Radeon RX 580 ($426.98)Nvidia GeForce GTX ($579.99)ASUS RX Vega 64 ($944.90)
A Scrypt ASIC Miner: This is a piece of hardware designed to do one job only. Scrypt ASIC miners are programmed to mine scrypt based currencies like Litecoin and Dogecoin. ASIC miners are very powerful. They are also very expensive, very loud and can get very hot! Here’s a few for you to check out;Innosilicon A2 Terminator ($760)Bitmain Antminer L3 ($1,649)BW L21 Scrypt Miner ($7,700)
Dogecoin Mining Software Whether you’re mining with an ASIC, a GPU or a CPU, you’ll need some software to go with it. You should try to use the software that works best with the hardware you’re using. Here’s a short list of the best free software for each choice of mining hardware;
CPU: If you just want to give mining a quick try, using your computer’s CPU will work fine. The only software I would recommend for mining using a CPU only is CPU miner which you can download for free here.
GPU: If you mine with a GPU there are more software options. Here are a few to check out;CudaMiner– Works best with Nvidia products.CGminer– Works with most GPU hardware.EasyMiner– User-friendly, so it’s good for beginners.
Scrypt ASIC miner:MultiMiner– Great for mining scrypt based currencies like Litecoin and Dogecoin. It can also be used to mine SHA-256 currencies like Bitcoin.CGminer and EasyMiner can also be used with ASIC miners.
Recommendations You’re a beginner, so keep it simple! When you first start mining Dogecoin I would recommend using a GPU like the Radeon RX 580 with EasyMiner software. Then I would recommend joining a Dogecoin mining pool. The best pools to join are multi-currency pools like Multipool or AikaPool. If you want to mine Dogecoin but don’t want to invest in all the tech, there is one other option… Dogecoin Cloud Mining Cloud mining is mining without mining! Put simply, you rent computer power from a huge data center for a monthly or yearly fee. The Dogecoin is mined at the center and then your share is sent to you. All you need to cloud mine Dogecoin is a Dogecoin wallet. Then choose a cloud mining pool to join. Eobot, Nice Hash and Genesis Mining all offer Scrypt-based cloud mining for a monthly fee. There are pros and cons to Dogecoin cloud mining; The Pros
It’s cheaper than setting up your own mining operation. There’s also no hot, noisy hardware lying around the house!
As a beginner, there isn’t a lot of technical stuff to think about.
You get a steady supply of new currency every month.
Cloud mining pools don’t share much information about themselves and how they work. It can be hard to work out if a cloud mining contract is a good value for money.
You are only renting computer power. If the price of Dogecoin goes down, you will still have to pay the same amount for something that is worthless.
Dogecoin pools have fixed contracts. The world of crypto can change very quickly. You could be stuck with an unprofitable contract for two years!
It’s no fun letting someone else do the mining for you!
Now you know about all the different ways to mine Dogecoin we can ask the big question, can you make tons of money mining Dogecoin? So, Is Dogecoin Mining Profitable? The short answer is, not really. Dogecoin mining is not going to make you a crypto billionaire overnight. One Dogecoin is worth 0.002777 US Dollars. If you choose to mine Dogecoin solo, it will be difficult to make a profit. You will probably spend more money on electricity and hardware than you will make from Dogecoin mining. Even if you choose a Dogecoin pool or a cloud pool your profits will be small. However, if you think I am telling you to not mine Dogecoin, then you’re WRONG! Of course, I think you should mine Dogecoin! But why? Seriously… Well, you should mine Dogecoin because it’s fun and you want to be a part of the Dogecoin family. Cryptocurrency is going to change the world and you want to be part of that change, right? Mining Dogecoin is a great way to get involved. Dogecoin is the coin that puts a smile on people’s faces. By mining Dogecoin you’ll be supporting all the good work its community does. You’ll learn about mining from the friendliest gang in crypto. And who knows? In a few years, the Dogecoin you mine now could be worth thousands or even millions! In 2010, Bitcoin was worthless. Think about that! Only you can choose whether to mine Dogecoin or not. You now know everything you need to know to make your choice. The future is here. So, what are you going to do?
Chromapolis FUD: Stop the nonsense. (RE: The Ian Balina Scandal)
This piece was originally posted here by an anonymous writer, but I thought that it hadn't received enough views to truly defend the team. I'm sure many of you saw the Ian Balina ICO pool scandal here, but I thought it unfairly dragged down Chromaway's name with it. ---------------------------------------------- There has been massive amounts of FUD going around the ICO community–some accusations are well-founded, and I understand the confusion and anger. I’m not here to defend the actions of the team, and I’m not here to say that they have reacted in the best way possible. Nor am I here to defend the actions of Ian Balina. I am, however, here to defend the characters of the ChromaWay team and the accomplishments and contributions they have made to the blockchain industry. First of all, Alex Mizrahi has contributed more to the development of this fascinating industry than 99.99% of ICO participants. The ChromaWay team, led by Alex, were the first to create a protocol capable of issuing tokens, called “colored coins” at the time (circa 2011~2012). The concept was so new at the time that he even had to quote Meni Rosenfield on what “colored coins” were:
By the original design bitcoins are fungible, acting as a neutral medium of exchange. However, by carefully tracking the origin of a given bitcoin, it is possible to “color” a set of coins to distinguish it from the rest. These coins can then have special properties supported by either an issuing agent or a Schelling point, and have value independent of the face value of the underlying bitcoins. Such colored bitcoins can be used for alternative currencies, commodity certificates, smart property, and other financial instruments such as stocks and bonds.
What were you doing to help this revolution? They may have made mistakes--after all it is their first ICO. But it’s not fair to attack their character based on miscommunications and mistakes, that ultimately have no long-term effects on the project. If you have a problem with the way they have communicated with the community and investors that is completely reasonable. But do not start acting out character assassinations on people that have been building infrastructure in the space for years simply because you are unhappy with their inexperience in PR relations and communications. Come at them with your concerns not your vitriol. Creating anonymous posts where all you do is bash on them without providing constructive criticism will only create more problems. To add onto this, this article has been making the rounds and makes a lot of assumptions and straight out unfounded accusations. To be more specific near the end they call out an influencer known as “TheGobOne” as having been fined $400,000 by the SEC because of pooling. First of all TheGobOne is a Canadian citizen and is not governed by the SEC. And by his own word has not been in contact or been contacted by them in regards to pooling funds. To create entirely false talking points to support your narrative is as disingenuous as possible. Why the author felt the need to spread lies to try and support his point shows a clear alterior motive in trying to character assassinate influencers and team members associated with the project, rather than coming at them with purely fact based concerns. Above: TheGobOne refuting claims he was fined by the SEC in his Discord Announcements channel earlier today. Everyone in the blockchain space has been a bit on edge lately because of the serious market downturn. If you’re an investor you’ve been feeling the heat of the giant -70%+ losses on altcoins. Feeling frustrated at that is completely natural but in the end we have to make sure we don’t explode at projects and people that have little to do with our own down investments. There are teams and projects that are simply trying to build something they believe the space needs. Let’s try to make the crypto community stronger and come together to help these developers make the best projects they can. Without bombarding them with negativity for every mistake they make on the way there. Ending on a lighter note, you can see Alex’s true character in a funnily relevant thread from 2012 titled “fuck this shit, I want my own blockchain!” where he says:
I understand that many community members won't like some of these features, but the goal here is to try new things, not to get some people rich. If you don't like it, then forget about it. If nobody likes it, I have other things to do.
Project Overview Cryptocurrency is considered a digital currency that uses coding (cryptography) to come up with cash and to verify transactions. Transactions are added to a public ledger – also called a Transaction Block Chain – and new coins are shaped through a process known as mining. As of 2018, cryptocurrency has been used as a suburbanised different risk to ancient rescript currencies (which area unit typically backed by some central government) like the U.S. dollar (USD). The History of Cryptocurrency The first suburbanised digital cryptocurrency may be copied back to “bit gold” (not to be confused with Bitgold), that was worked on by Nick Szabo between 1998 and 2005 however was never put into operation. Although bit gold is recognized to be the first precursor to bitcoin, cryptocurrency pioneer David Chaum’s company DigiCash (a company founded in 1989 which attempted to innovate digital currency), Wei Dai’s b-money (a abstract system revealed in 1998 that Satoshi cites it within the Bitcoin white paper), and “e-gold” (a centralized digital currency that started in 1996) area unit all notable early mentions. With that history noted, trendy digital currency starts in 2008 once Satoshi Nakamoto (an anonymous person and/or group) free their paper particularization what would become Bitcoin. Bitcoin became the primary suburbanised digital coin once it had been created in 2008. It then went public in 2009. As of 2018, Bitcoin is that the most typically famous and used cryptocurrency. Meanwhile, different coins as well as Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and more are notable mentions. Given the recognition of Bitcoin in addition as its history, the term “altcoin” is usually wont to describe different cryptocurrencies to bitcoin (especially coins with tiny market caps). As of January 2015, there were over 500 different types of cryptocurrencies – or altcoins – for trade in online markets. However, only 10 of them had market capitalizations over $10 million. As of September 2017, there were over 1,100 cryptocurrencies and the total market capitalization of all cryptocurrencies reached an all-time high surpassing $60 billion! Then, by December 2017, the total market cap reached $600 billion (a multiple of 10 in only two months). In different words, though the longer term is indeterminate, cryptocurrency appears to be over simply a rage. Today cryptocurrency is shaping up to be a growing market that (despite the pros and cons) is likely here for the long haul. https://preview.redd.it/znvjpo08vbh21.jpg?width=284&format=pjpg&auto=webp&s=ee6aa338cdc4b78568849efea4731a760f9cec6b About Faireum Faireum is an industry-Faireum is a public blockchain that focuses on the problems of the online gambling industry and resolves them with a set of protocols that provide a decentralized, low-cost, transparent and secure gambling experience. To achieve this, Faireum uses its token and game contract to guarantee users a premium betting experience and superb services across lottery, horse-betting, sports-betting, casino games, digital games and countless more. A smart client also works alongside Faireum’s protocols, called a Faireum node, which helps provide users with a safe, seamless and always-on experience in playing all the games they wish to play. level public blockchain that may revolutionize on-line gambling platforms. The Industry In 2017 the overall wagering industry was regarded at $533 billion, with future desires putting that figure at 1 trillion USD always 2021. As the online wagering exhibiting continues experiencing consistent improvement, instigated on by the ascent of new headways and the extended accessibility of the web, Asia has developed itself as the speediest creating iGaming market on earth. Mission Faireum has developed a concentrated open blockchain subject to the recommended systems of Bitcoin, Ethereum and Hyperledger. The assertion figuring grasped from the Byzantine adjustment to inside disappointment based appointed affirmation of stake (BFT-DPos) ensures the check of trades on the Faireum Blockchain similarly as its execution. Features Structures of Online Gambling The web has passed on various novel approaches to managing betting structures, changing the gaming business. Straight up 'til the present time, betting remains a champion among the most outstanding and advantageous online associations. As demonstrated by H2 Gambling Capital, overall web gaming wages justified a normal $43 billion of each 2017, making up 10% of all overall gaming livelihoods (detached and online joined). Crucial Framework Faireum develops its industry-level open blockchain to give the imaginative reason to its stage. The Faireum blockchain natural network fuses record centers, P2P sorting out, a virtual machine for Smart Contracts and a ton of rules for the token course, which consolidates token reward, portion door, modernized asset exchange, and cross-chain atomic swap. Security Concentrated structures can't ensure 100% security nor have a high adjustment to inside disappointment. High costs The advantage model of wagering stages makes high prices for wagering chairmen. Negative social reputation Players have a strong opinion of powerlessness and vulnerability towards counterparties in live beguilements. Faireum Blockchain Solutions https://preview.redd.it/tmqlemykvbh21.jpg?width=295&format=pjpg&auto=webp&s=8a5deacdbbe226763780dbcad901f4ab24c87344 Faireum is a blockchain arrange with an Application Programming Interface (API) that is suitable for pariah business providers to access through the agreement framework and the Faireum Virtual Machine (FVM). The Faireum guideline blockchain uses the Web Assembly (WASM) virtual machine as the default runtime for shrewd contracts and Byzantine Fault Tolerance (BFT) + Delegated Proof-of-stake (DPos) as the understanding framework. Applications for Business The Faireum Smart Node (FSN) is a blockchain center point that continues running on the customer's PC or wireless, which can give both wallet handiness as a client and go-between convenience as a server. Token Information Total supply: 1,200,000,000 100% Private: 60,000,000 5% Pre ICO: 120,000,000 10% Public ICO: 480,000,000 40% Reward funding pool: 240,000,000 20% Marketing/Partnership/Airdrop & Bounty program: 120,000,000 10% Team/DevelopeAdvisor: 120,000,000 10% Founders: 60,000,000 5%
Merchants list Vertcoin (updated with new members).
The descriptions are different in length and content dependant on the information your website offers. First purpose is to keep the descriptions short. Many websites delivered an own description which I partly quoted. If there is a need to change please let me know. You'll find this list of merchants already accepting Vertcoin on Vertcoin homepage. In these shops you can pay with Vertcoin and maby with other cryptocurrencies. If you like to get added let me know and make sure that Vertcoin acceptance is apparent in your shop.
Cyroline is on "the tireless hunt for the special in the fashion world, the perfect fusion of individual styles, quality and sustainability." In physical stores you can pay with Vertcoin in Germany: Lübeck, Berlin, Hamburg, Cologne, Stuttgart.
Zazzle is a "marketplace, you'll find customizable products, art and create-your-own products just waiting for you. We're PhD's, professional artists, manufacturing gurus, patent holders, inventors, musicians, and more. Everything we do is an expression of love." As a nice special Z provides Vertcoin shirts.
Giftoff is a "digital gift card retailer with the largest range on offer in Europe. Since 2014 we’ve been enabling digital currency users to shop with major retailers like Amazon.co.uk, Steam and Marks & Spencer. We stock over 70 gift cards and accept over 40 digital currencies as well as UK credit and debit cards."
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"FastTech is the techno-centric destination for all your geeky needs and more. FastTech is committed to become the most loved and trusted electronics marketplace by offering superior shopping experience, timely shipping, and stellar customer service."
"We are a tech-driven online retailer located near Salt Lake City in the shadow of the Wasatch Mountains. Since our beginnings in 1999. Overstock has evolved from a fledging startup to a billion-dollar online retailer as a result of a hard-working and creative team."
RB gives "independent artists a meaningful new way to sell their creations. Today, we connect over 400k artists and designers across the planet with millions of passionate fans." RB provides a huge sortiment of designed products like bags, wall art, home decor, apparel, stationary & more.
GeekBox "offers a wide variety of services including but not limited to basic computer setup, repair, virus removal, server setup, network setup, consulting, purchasing, cloud computing advice, gaming system and electronic repair." As a nice special GeekBox IT provides a Vertcoin T-shirt.
RDS is Central Virginia’s drone service specialists. From preparation to content delivery, we perform all work to perfection. We can act as both an aerial film consultant or as the remote pilot in charge on your next projects.
Printing, Graphic, Web Design
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"Catdi is a commercial printing company with additional specialization in web design. Offering cost-effective commercial printing, direct mail, graphic design and web solutions to small businesses. Proudly Serving Houston and surrounding communities for over 10 years."
Professional Law Services
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Bitcoin Tax is "calculating capital gains/losses for any crypto-currency. Do you know the cost-basis of every coin you own? Are you tracking the profits and new basis when you spend or sell? Can you work out the best way to identify your trades to optimize your taxes? Let us do it for you."
Burrell Law "Our New York City-based attorneys provide a broad range of transactional legal services" Every large business was once a small business. We are here to help you find a solution for your legal needs.
The Crypto Lawyers - "we are a team of U.S. qualified lawyers dedicated to helping individuals, businesses, and organizations navigate the legal intricacies of cryptocurrency and blockchain technology. We commit ourselves to strategically and aggressively represent our clients in their transactional and litigation matters."
"Keys4Coins is one of the first pc game stores who only accept cryptocurrency as payment. Our store is simple to use and you can shop anonymously. Only an e-mail is required so you can receive the license."
Jzzsxm's Online Store provides a 1.5" diameter metal Vertcoin Medallion. Each medallion costs 2 VTC and comes with a metalized label containing a wallet address QR code of your choice affixed to the back.
Toys4Sex is Australia's Online Adult store retailer intended for men and women. Toys4Sex comes with a specially selected range of products that has made its mark within the Australian adult market place.
.[ GIVEAWAY NOW CLOSED ]. Become part of the fantastic DigiByte community today and the team at DigiByte Store will reward you with your first 50 DigiBytes for free to start you off. Keep reading to find out how. .About DigiByte. DigiByte is a professional & transparent decentralized cryptocurrency that has been designed to address several of the weaknesses of Bitcoin & Litecoin. It is a secure world-wide decentralized payment network, inspired by Bitcoin but with many enhancements and extra features. You send & receive DigiBytes much like PayPal & Western Union transfer money but with vast improvements, including lightning fast transactions with minimal or no fees. . We are now seeing the death of the common home based Bitcoin miner, and the emergence of large ASIC mining companies. The development team felt this centralization of hash power goes against the main principles upon which Bitcoin was created. Given this reason and others they have decided to use Scrypt with DigiByte and implement the innovative DigiShield which is quickly being adopted by other coins such as Dogecoin to protect against multi-pool attacks. .Why use DigiByte?.1) Speed: DigiByte is blazing fast! Much faster than Bitcoin & Litecoin, and fast enough to buy coffee from a merchant in just a few seconds with the press of a button on a smart phone! .2) Transactional Currency: With 21 billion coins, DigiByte will primarily become a worldwide currency traded for goods & services, and not a volatile speculative commodity like Bitcoin. DigiByte has a natural ratio of 1BTC:1000DGB to Bitcoin. This means that if Bitcoin is worth $1,000 DigiByte should be worth $1 -$10; a perfect price for buying goods & services. No one likes to look in their wallet and see that they have 0.001 coins; 1,000 DigiBytes are much more appealing. .3) Community: DigiByte was planned and designed for over a month before launch. Since then, the community around DigiByte has continued to grow and contribute to its success. .4) Fair Launch: DigiByte was announced more than 3 days ahead of time. It was delivered at the exact minute advertised with a countdown timer for a fair launch. Over a half million dollars in hardware were thrown at the network in the first few minutes alone. .5) Transparency: The pre-mine of DigiByte is publicly posted and is used to further the long-term success of DigiByte. .6) DigiByte Name: You store data in megabytes & gigabytes. Why not store money in DigiBytes? .Pre-Mine Details:. 52.5 million DGB for giveaways over first two months to encourage adoption of DGB. Giveaway address will be publicly posted on website with a public record of all transactions. . 52.5 million DGB for development expenses to further DigiByte and help it become a mainstream currency. Development account address will be publicly posted on website with a public record of all transactions and their purpose. . Our goal is to be transparent and accountable with the 0.5% pre-mine to ensure a bright future for DigiByte. (Pre-mine is now effectively only 0.2%) .Pre-Mine Accounts:. Giveaway Account: Address available on http://www.digibyte.co/pre-mine-accounts Initial Balance: 52,500,000.00 DGB Current Balance: 00.00 DGB . Development Account: Address available on http://www.digibyte.co/pre-mine-accounts Initial Balance: 52,596,000.00 DGB Current Balance: 45,000,000.00 DGB .About the DigiByte Store. The DigiByte Store was set up primarily to make DigiBytes easily accessible to as many people as possible around the world, by allowing people to purchase their desired amount of DigiBytes in their preferred currency, securely by using a PayPal account. The purchased amount of DigiBytes will then be sent to the chosen wallet address supplied. This service makes it easy and safe for anyone that is new to cryptocurrency to get their hands on their first few coins. It also provides a more convenient option to experienced users as they no longer have to deal with the hassle of purchasing through exchanges. .The giveaway!. For you to get your hands on your first 50 DigiBytes free of charge you need to follow the few simple steps below: .1) Download a wallet to put you DigiBytes in either from www.digibyte.co or www.digibytestore.co. Wallet download links are available on the homepages of both sites. Choose the correct download for the platform you are using e.g. Windows, Mac OSX, Ubuntu, Android (For smartphones and tablets etc.) .2) Once you have downloaded a wallet you need to open it to let it synchronize with the blockchain. This will happen automatically when you open your wallet and may take a bit of time the first time you open it. .3) Copy your wallet address from your wallet by clicking on the ‘Receive coins’ button, highlight your wallet address by clicking once on the wallet address below and then click the ‘Copy Address’ button at the bottom of the page. The address will look like a long string of letters and numbers. .4) Paste your wallet address into an email and send it to [email protected] to get your 50 DigiBytes sent to your wallet. . If you have any problems please contact [email protected] and we will be more than happy to assist you further. . To get your hands on more DigiBytes why not visit the DigiByte Store to top up your wallets. . Why not subscribe to the DigiByte subreddit (http://www.reddit.com/Digibyte) to stay up to date with the exciting new things that are happening. . Thank you for your support Doge friends! .The DigiByte Store Team
Dogecoin was mentioned in the second biggest Japanese newspaper, Asahi Shinbun, last Wednesday. Article and translation in this post.
BACKGROUND: Asahi Shinbun is Japan's second biggest newspaper. It published an article about cryptocurrencies and their different varieties last Wednesday (May 28). The text is fairly positive about digital currencies (different regional editions chose less sensationalist headlines, too) and mentions Dogecoin's bobsled sponsorship and that it has "a Japanese Shiba Inu mascot". It is great to see it mentioned with positive connotations, given the little traction that digital currencies and Dogecoin have seemed to have in Japan. It makes me wish we had a Japanese version of our homepage. Note that we were mentioned alongside Bitcoin and Litecoin as usual and Peercoin, while it had a higher market cap and got into the "main cryptocurrencies" table, did not make it into the text. Such is the power of our charity and amazing Doge. To the moon. A picture of the original article is here. A different version (nearly identical text, nicer headings) is here. A typed version of the article (so you can brush up on your Japanese if you like) is in this comment. Typos are likely, feel free to correct. The translated article is below.
The virtual currency bubble era
Targeting Bitcoin. Over 200 worldwide. The virtual currency Bitcoin (see footnote) received a lot of attention when the Tokyo-based virtual currency exchange Mt. Gox in Tokyo went bankrupt in February. One after the other, identical virtual currencies are being born. At more than 200 different types, it is a veritable "virtual currency bubble". One of them is even from Japan. From Japan’s "2 -chan" Sunday in mid-April, the communal building in Tokyo's Nihonbashi was crowded with about 50 young people in their teens and twenties. It was a meeting of Monacoin users, a virtual currency created in Japan in January. "CD15MONA " . All over the room, people were selling cakes and books they brought with them for Monacoin. They used a wallet application on their smartphone or tablet to send and receive their coins. The currency was created on the internet forum “2chan”. The basic mechanism is the same as Bitcoin, and there is no central publishing facility or manager. A 17 year old high school student (third year) came from Fukuoka to participate. ”The users are mostly young people. The feeling that we’re creating something is very fun.” Bitcoin, the most common virtual currency, began to be used online in 2009. As it allows faster and cheaper transfers between individuals without using credit institutions, it spread in the Western world. In Japan, too, you can use it in about 30 stores, such as restaurants and hair dressers. The specialty of Litecoin, which is based on Bitcoin, is that it allows for faster transfers. Its market capitalization of 300 million US dollars is second only to Bitcoin's, but its price is only 1/25 (4%) that of Bitcoin. The virtual currency Dogecoin uses a Shiba Inu as its mascot. According to foreign media, it became popular by sending the Jamaican Bobsled team to February’s Sochi Olympics through Dogecoin donations. According to a website collecting the world’s virtual currencies, over 200 virtual currencies currently exist. Each are traded inside particular groups, but there are also a few whose state of management is uncertain, and care should be taken when using them. Hitoshi Okada, Associate Professor of National Institute of Informatics and an expert on the functioning of virtual currencies, states: “Many will be weeded out by natural selection in the market. The extent to which a coin’s exchange market is developed is key to its survival.” National regulations are loose Both Japan and the United States agree that the most representative virtual currency Bitcoin is “not currency”. In the United States, where the monitoring of money laundering is severe, unlicensed funds moved into the country are seized. In May 2013, about 500 Million Yen have been seized by the US government after affiliate companies of the now bankrupt Mt. Gox have sent repeated undeclared transfers. In March 2013 “FinCEN”, the financial crime investigation agency of the US Treasury Department, had released guidelines for the necessary registration of virtual currency exchanges. In Japan, responsible authorities have not even been decided yet. At a conference at the end of April, Minister of Finance Taro Aso said, “(The Agency) has not finalized the formal procedures. There are only talks and meetings.” The government’s position on regulation is that “if there is a need, we will investigate the appropriate response”. As many virtual currencies’ creators and managers are unknown and there is no specific target to regulate, many countries struggle to find a solution. Some say that in order to make the best use of a new technology, regulations should be kept minimal. (footnote)Virtual currency “Money” used by specific groups, on the internet or in video games. Based on the structure of Bitcoin, it enables transfers between individuals without using any intermediary financial institutions, and thus allows for faster and cheaper transfers. However, unlike currencies such as the Yen and Dollar, there are no special publishing and managing institutions, and no authority required to back transactions. The price changes constantly due to supply and demand.
Introducing: The Chill Project - Blockchain's Marketing Platform
Last updated: August 28, 2017 Overview - The Chill Project is the Blockchain's first marketing platform bringing Companies and Marketers together directly & providing the infrastructure in-between. Led by world class marketers & developers, The Chill Project is attacking a large problem. Billions of dollars a year are lost due to inefficiencies in the digital marketing world. The Chill Project is bringing their first piece of software, Adchill, to market October 1, 2017, and is already in a public beta. Adchill is the most advanced marketing efficiency software built on top of the Facebook Advertising platform and will run on The Chill Project's Digital Token, Chill Coin. Adchill already powers 6 figures of Ads per month, likely surpassing 7-figures a month before the public launch in October. Value Proposition - The Chill Project will be solving a huge problem. The world of advertising & marketing is extremely fragmented and billions of dollars a year are lost due to inefficiencies in this market. Companies are estimated to only get $.60 of value for each dollar they spend on advertising their business. The Chill Project is helping make this ecosystem more efficient by introducing software, like Adchill to the industry. Adchill and upcoming software introduced by The Chill Project will focus on making companies' advertising spend more efficient by automating as much as possible, introducing artificial intelligence into the software, & connecting companies directly with marketers who are already experts in marketing the companies niche. The Problem - The Advertising industry is rapidly changing, and companies with leaders from the previous generation are having a hard time keeping up. Eye balls have already shifted from old sources of entertainment like TV, Newspapers, Magazines, Billboards etc. to online. In the past 8 years or so, companies have been using marketing agencies that charge 20-50% of their budget in fees so they can advertise online. A clear inefficiency. The reason companies are willing to pay these huge fees is because they are being left behind in this digital age & it's their only choice. Most of the time, the companies are paying digital agencies that do not even specifically know their niche, they just know how to advertise online better than the company. The Opportunity - The Chill Project has already released its first piece of software, Adchill (beta) which already has over 200 marketers using the software, showing amazing initial traction. There has never been a piece of software like Adchill. It is built on top of the largest marketing platform in the world, Facebook Ads. Adchill helps marketers & companies save time and money by automatically launching new ads while analyzing which work and which don't then applying them to hundreds of new ads, daily. A process that usually takes marketers hundreds of hours to do is done with Adchill in under 30 seconds. In turn, saving companies hundreds of hours a day, by replacing their marketing team with a self-smartening, always working piece of software, Adchill. This is just the first of many pieces of software & platforms that will be released by The Chill Project in the coming months. Update are noted below, including the next release of Adchill which will connect companies with marketers who have expertise in their exact field & use Adchill. A clear win-win, as the company will be able to get more customers at a lower price because the marketer is using Adchill & is a master of their niche, and the marketer will get paid equally without spending as much time, using Adchill. Connecting Marketers & Companies - There is a large demand for marketing services, such as Facebook ads or Google Adwords. Billions of dollars are spent each year on digital advertising. The problem is, most companies or projects do not know how to effectively advertise on these platforms. They take years to master, and without experience, companies will just burn money. That is why most companies & projects hire advertising agencies to do this work for them. The problem with Ad agencies, is they take a large percentage of each dollar that is spent by the company, upwards of 40%. This makes it hard for this model to work for most companies that are not in the top 100. That is where The Chill Project comes in, we have a large demand of companies who want to work with us to get more buyers, users, clients etc. and there is no way we can handle all of these clients. This overflow of client requests creates a large opportunity. We can pass these clients to The Certified Chill Project Marketers who have completed our trainings, or passed our tests. This creates a much more efficient system, and will cut costs for companies by working directly with a marketer who is a professional in their niche & will generate the marketers more money because they will not have to work for an agency. The Chill Project will provide access to Adchill, Trainings, & all future material & software to the marketer so they can advertise for the project or company as efficiently as possible. Since the marketer will be using Adchill, they will always be earning Chill Coins & will be paid in Cash, or a combination of both by the company directly. Digital Token - Chill Coin is the official token of The Chill Project & will power all the transactions on the software released, including Adchill. Chill Coin was built on the Waves platform and can be purchased at any time via Waves Decentralized Exchange (DEX). There is a total of 10,000,000,000 Chill Coins. 5,000,000,000 will be listed on Waves Decentralized Exchange starting August 6th, 2017 (Read more below under distribution.) 2,000,000,000 (20%) will be rewarded to marketers & people who help grow the Chill Project. The other 3,000,000,000 (30%) will be allocated to continue to build & grow the project, The founding team of The Chill Project. The 3 Billion allocated to building the project will be used for building new software, marketing, and building the team. Chill Coin Reward System - Chill Coins will be rewarded to people who help build & grow The Chill Project & Adchill. 2 Billion Chill Coins will be rewarded over the course of 5 years to incentivize people & marketers to refer companies to Adchill, watch training videos, market products, beta test products, work with companies & more. Opportunities to earn Chill will be sent directly to people who sign up to be on The Chill Project's mailing list on the homepage, or are in our Slack or Facebook Communities. Initial Crowd Offering (ICO) - There will be no ICO of The Chill Project & Chill Coin. The only way to obtain Chill Coins is by being a user of Adchill (or upcoming products), Receiving Chill as a reward as explained above, or buying them off an exchange like DEX which accepts Bitcoin, Waves, Ethereum etc. Coin Distrubition - The distribution of the 10 Billion Chill Coin will go as follows: 1 Billion Chill will be listed on Waves Decentalized Exchange (DEX) 6 Billion Chill will be released to marketers & content creators over a 5 year period. Coins will be evenly distributed quarterly to those marketers & content creators who are active in that quarter. (year 1 - 3 Billion, year 2 - 2 Billion, year 3 - 500 million, year 4 - 250 million, year 5 - 250 million) 3 Billion Chill will be released to the the team, to market the project, build software & grow the Chill Project. DEX Distribution Schedule The initial 1 billion coins will be listed on DEX over the course of 4 weeks, with one pre listing week. Waves DEX Can be Accessed here inside the Waves Wallet. Only Bitcoin, Ethereum & Waves will be accepted. Pre-Listing: August 6 - August 13 - with 57% Discount Week 1: August 14 - August 20 - with 42% Discount Week 2: August 21 - August 27 - with 28% Discount Week 3: August 28 - September 4 - with 14% Discount Week 4: September 11 - September 17 - with No Discount *Any unsold coins will be put into the marketers pot & distributed to marketers & content creators to grow the ecosystem. Facebook Ad Marketer Chill Distribution We believe in the importance of marketers holding chill coins, as they are the ones who will be marketing the companies & projects in our ecosystem. As an initial distribution of Chill Coins to Marketers, we are matching Chill Coins to the amount spent in 2017 on Facebook ads (up to the marketers distribution cap of this year, which is 1 billion - There is a max of 50 million chill per marketer in this first distribution.) The schedule of release will start with 5 Chill Coins per $1 spent in 2017, and go down to 1 Chill per $1 spent by the end of the 5 week distribution. All facebook spend numbers for 2017 will be double verified, 1 time by Adchill & 2nd with the use of screenshots. Any fraudulent attempts will be dismissed & the marketer will be blacklisted by The Chill Project. All marketers who claim their Chill will be required to be a part of the Adchill beta to have the spend verified. Week 1: August 17 - August 27 - 5 Chill Coins per $1 spent on Facebook ads in 2017 Week 2: August 28 - September 4 - 4 Chill Coins per $1 spent on Facebook ads in 2017 Week 3: September 11 - September 17 - 3 Chill Coins per $1 spent on Facebook ads in 2017 Week 4: September 18 - September 24 - 2 Chill Coins per $1 spent on Facebook ads in 2017 Week 5: September 25 - October 1 - 1 Chill Coins per $1 spent on Facebook ads in 2017 If all Chill set to release to marketers was not released by the end of this period - we may continue with the above schedule. Benefit To Companies - There has never been a platform like The Chill Project that maximizes efficiency in buying advertising by utilizing automated software like Adchill. Companies will now be able to either use Adchill themselves to drive more clients, users, customers, buyers, etc. or they can team up with a certified Adchill marketer who specializes in the companies niche and will use Adchill to buy advertising for them. Thus, driving down costs per acquiring customers, making their business more profitable & saving them time & money. Benefit To Marketers - Marketers will have access to state of the art software like Adchill and future releases so they can buy advertising extremely efficiently & save time and money doing it. Marketers will also benefit by being in The Chill Project's platform by being connected with potential clients they can run ads for. Marketers will constantly have more opportunities presented to them to be rewarded with more Chill Coins which will likely appreciate as the adoption of The Chill project continues. 20-70% of Chill Coins will be released to those marketers who use Adchill and grow the platform. Benefit To Coin Holders - For those that are able to get their hands on Chill Coins, which may be difficult due to no ICO, there will be immense value driven by the adoption of the platform. The Chill Project is led by marketers who know how to get products in people's hands. Adchill is the initial product, which is attacking a multi billion dollar industry and enabling companies who spend millions of dollars a month to save 30%+ in ad spend, which in turn, generates them more revenue and is a no brainer to use. Product Roadmap - The product roadmap below will span for the next 2 years & we will be adding to it over time as new opportunities arise. Although the roadmap is only 2 years long, we are building The Chill Project for lifetime success & growth. The main goal is to connect Companies with Marketers & provide automation software combined with Artificial Intelligence to help make the marketing ecosystem more efficient & drive value for companies & marketers. Currently, we have 3 main products on our product road map... Product #1 - Adchill our Facebook ad automation software which is currently in beta. Adchill already is increasing revenue and driving down the cost per acquisition for hundreds of marketers & we will continue to on board marketers, then companies to Adchill. Product #2 - Adchill Marketplace, which will live inside of Adchill and be a place where companies can post jobs, or search for marketers who understand their business. They can then work directly with these marketers to get maximum results without the high fees and leakage of Ad agencies. This will be a game changer because as of now, there is no way for companies to find the perfect marketer for their needs. Product #3 - Adchill Development Program, the goal of Adchill is to help companies & marketers get more users, clients, buyers, etc. at a more valuable acquisition cost. Adchill is an amazing tool that already allows this, but it's clear from the massive growth of companies like Apple, Google & Facebook who allow developers to build on top of their platforms there is massive power in opening up the Adchill platform to other developers. We will build an API & prepare clear docs to open up Adchill to developers who want to build advertising apps on top of Adchill & immediately deploy to our user base. This will be our Adchill Developers Program. Timeline - Q3 2017 - The launch of The Chill Project & Adchill Automation Software BETA Release - Bringing on select companies & marketers. Q4 2017 - Product #1 - Adchill Official Public Launch. Get Initial 100 companies using Adchill Q1 2018 - Adchill Marketplace for Connecting Marketers & Companies Development Starts. The goal is to have 250 Companies using Adchill by this point. Q2 2018 - Adchill Marketplace Beta Opening to select companies & marketers to directly connect & avoid the costs & inefficiencies of large agencies. The goal is to have 500 companies using Adchill by this point. Q3 2018 - Product #2 - Adchill Marketplace Public Launch. Also, starting development on the Adchill Developer's Program API & docs. Q4 2018 - Adchill Developer Program Beta - Will bring on select developer's to build on top of Adchill. Q1 2019 - Adchill Developer Program Launch - Open it up to all developer's on an application basis. *The above is subject to some slight alterations - We are marketers so we like to do things quickly. We may finish these 3 main product launches ahead of schedule and will continue to launch new products & improve current ones to serve our client's (companies & marketers) & grow the marketing ecosystem. *During the above product roll out, we will be driving as much value as possible to The Chill Project by onboarding thousands of companies and marketers who will all be using Chill Coin to transact on Adchill & with each other. Active Reporting - The Chill Project will provide monthly updates to everyone who has subscribed to the mailing list, With any decentralized project like The Chill Project, transparency is key & we take it very seriously. Described more below, we have set up communities to stay in constant contact with supporters of The Chill Project. Community - We are big believers in a community and have set up a few channels for the initial community - Slack will be the host to conversing about The Chill Project, Adchill & anything related. We have a Facebook Group set up for more casual conversations. We will have a Twitter & Youtube to push out content frequently. As The Chill project is run by marketers, we understand the importance of not only answering questions that come in through all the different channels but producing quality content that can be consumed and shared daily. We invite you to join any of our above communities & look forward to meeting you. Welcome to The Chill Project.
We've recently launched Millionco.in and we're hoping to be able to distribute a Million (USD) worth of Bitcoin to the masses! Think MillionDollarHomepage but with Bitcoin and rather then us keeping it we redistribute it to the people who are clicking on the ads. Our main goal is to help bring new comers into the ecosystem by giving them a fun and simple way to get Bitcoin. Are you a WebmasteProject Manager? 8x8 pixel squares can be bought for 0.1 Bitcoin. (This is much less then MDHP was back in 2005) These spots will be getting far greater clicks as there being incentivized. Are you a Bitcoin enthusiast? Signup to the site and start clicking, Those clicks will be generating you Bitcoin! Help grow the Bitcoin ecosystem! Get the word out to your friends about how they can get into Bitcoin. It's as easy as adding your Bitcoin address and clicking ads and we'll send your earnings to your wallet. http://millionco.in Basics: Click ads for Bitcoin Payout threshold is $1 USD Clicks vary in price but the emphasis here is on free bitcoin not quitting your dayjob.
DigiByte Giveaway! Some great reasons to become part of our fantastic community. Join us today to get your hands on some free DigiBytes
.[ GIVEAWAY NOW CLOSED ]. Become part of the fantastic DigiByte community today and the team at DigiByte Store will reward you with your first 50 DigiBytes for free to start you off (first 200 people). Keep reading to find out how. .About DigiByte. DigiByte is a professional & transparent decentralized cryptocurrency that has been designed to address several of the weaknesses of Bitcoin & Litecoin. It is a secure world-wide decentralized payment network, inspired by Bitcoin but with many enhancements and extra features. You send & receive DigiBytes much like PayPal & Western Union transfer money but with vast improvements, including lightning fast transactions with minimal or no fees. . We are now seeing the death of the common home based Bitcoin miner, and the emergence of large ASIC mining companies. The development team felt this centralization of hash power goes against the main principles upon which Bitcoin was created. Given this reason and others they have decided to use Scrypt with DigiByte and implement the innovative DigiShield which is quickly being adopted by other coins such as Dogecoin to protect against multi-pool attacks. .Why use DigiByte?.1) Speed: DigiByte is blazing fast! Much faster than Bitcoin & Litecoin, and fast enough to buy coffee from a merchant in just a few seconds with the press of a button on a smart phone! .2) Transactional Currency: With 21 billion coins, DigiByte will primarily become a worldwide currency traded for goods & services, and not a volatile speculative commodity like Bitcoin. DigiByte has a natural ratio of 1BTC:1000DGB to Bitcoin. This means that if Bitcoin is worth $1,000 DigiByte should be worth $1 -$10; a perfect price for buying goods & services. No one likes to look in their wallet and see that they have 0.001 coins; 1,000 DigiBytes are much more appealing. .3) Community: DigiByte was planned and designed for over a month before launch. Since then, the community around DigiByte has continued to grow and contribute to its success. .4) Fair Launch: DigiByte was announced more than 3 days ahead of time. It was delivered at the exact minute advertised with a countdown timer for a fair launch. Over a half million dollars in hardware were thrown at the network in the first few minutes alone. .5) Transparency: The pre-mine of DigiByte is publicly posted and is used to further the long-term success of DigiByte. .6) DigiByte Name: You store data in megabytes & gigabytes. Why not store money in DigiBytes? .Pre-Mine Details:. 52.5 million DGB for giveaways over first two months to encourage adoption of DGB. Giveaway address will be publicly posted on website with a public record of all transactions. . 52.5 million DGB for development expenses to further DigiByte and help it become a mainstream currency. Development account address will be publicly posted on website with a public record of all transactions and their purpose. . Our goal is to be transparent and accountable with the 0.5% pre-mine to ensure a bright future for DigiByte. (Pre-mine is now effectively only 0.2%) .Pre-Mine Accounts:. Giveaway Account: DFsSa6kVoCyHK8ryZYDNX2fi5294kSuH2Q Initial Balance: 52,500,000.00 DGB Current Balance: 00.00 DGB . Development Account: DQkqGjRqyfsmzFQ27tPK2PNJe7gPZUVm1U Initial Balance: 52,596,000.00 DGB Current Balance: 45,000,000.00 DGB .About the DigiByte Store. The DigiByte Store was set up primarily to make DigiBytes easily accessible to as many people as possible around the world, by allowing people to purchase their desired amount of DigiBytes in their preferred currency, securely by using a PayPal account. The purchased amount of DigiBytes will then be sent to the chosen wallet address supplied. This service makes it easy and safe for anyone that is new to cryptocurrency to get their hands on their first few coins. It also provides a more convenient option to experienced users as they no longer have to deal with the hassle of purchasing through exchanges. .The giveaway!. For you to get your hands on your first 50 DigiBytes free of charge you need to follow the few simple steps below: .1) Download a wallet to put you DigiBytes in either from www.digibyte.co or www.digibytestore.co. Wallet download links are available on the homepages of both sites. Choose the correct download for the platform you are using e.g. Windows, Mac OSX, Ubuntu, Android (For smartphones and tablets etc.) .2) Once you have downloaded a wallet you need to open it to let it synchronize with the blockchain. This will happen automatically when you open your wallet and may take a bit of time the first time you open it. .3) Copy your wallet address from your wallet by clicking on the ‘Receive coins’ button, highlight your wallet address by clicking once on the wallet address below and then click the ‘Copy Address’ button at the bottom of the page. The address will look something like this: DA58HrYSK3CmvH4AY6MfdKNovGaRmBQl54 .4) Paste your wallet address into an email and send it to [email protected] to get your 50 DigiBytes sent to your wallet. . If you have any problems please contact [email protected] and we will be more than happy to assist you further. . To get your hands on more DigiBytes why not visit the DigiByte Store to top up your wallets. . Why not subscribe to the DigiByte subreddit (http://www.reddit.com/Digibyte) to stay up to date with the exciting new things that are happening. . Thank you for your support! .The DigiByte Store Team
The Million Dollar Homepage is a website conceived in 2005 by Alex Tew, a student from Wiltshire, England, to raise money for his university education. The home page consists of a million pixels arranged in a pixel grid; the image-based links on it were sold for US$1 per pixel in blocks. The purchasers of these … Although the metrics are difficult to track, onchain data shows a surge of bitcoin wallet addresses reaching roughly 42 million as of today. The Masses. The single most impactful metric correlated The seller will check their account and, when they see the funds, release the bitcoin that’s locked in the escrow wallet. Click ‘Wallet’ at the top of the page and you’ll see the BTC in Digital money that’s instant, private, and free from bank fees. Download our official wallet app and start using Bitcoin today. Read news, start mining, and buy BTC or BCH. The first team to solve at least 400 clues will have enough key fragments to access the game's digital bitcoin wallet containing the $1 million prize.
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