What can I do to make my stuck transaction confirm?

Transaction wont confirm, can I double spend to up the fee? /r/Bitcoin

Transaction wont confirm, can I double spend to up the fee? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Transaction wont get any confirmations. /r/Bitcoin

Transaction wont get any confirmations. /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Electronic payment methods other than PayPal G&S are now banned.

April 2020 Update: With the new bot in place, users with **more than 10 trades** can use EMT, Bitcoin, etc. This number is subject to change as we refine the rules.
---
Hello folks!
We've seen a bit of an uptick in high-dollar-value scams in the last few weeks. Almost every single one has a common feature: The scammer wants to be paid via something other than PayPal Goods and Services (usually EMT). This is because PayPal G&S is currently the only electronic payment method in Canada with even somewhat reliable transaction reversals in the case of scams.
As such, we're following /hardwareswap's lead and banning all electronic payment methods other than PayPal Goods and Services. This includes PayPal Friends and Family, EMT/Etransfer, dogecoin, rare memes, etc. The only exception to this rule is cash for local deals.
You can consider this a trial rule - we'll see how it goes, and we can make adjustments as necessary. When we finally get the confirmed trades bot up and going (sorry, been a busy few weeks for me) we may look into relaxing this rule for users with significant rep.
If you see posts (created after this one) that break this rule please report them! We wont be banning users for not seeing the new rules or anything, but we will remove posts and encourage users to repost with correct payment info.
If a user who said they'd accept PayPal G&S tries to convince you to accept something else over PMs, report it immediately! It's almost certainly a scam.
Best,
Your friendly neighborhood neighbourhood /canadianhardwareswap mod team
submitted by NathanielHudson to CanadianHardwareSwap [link] [comments]

CashFusion SALE: 75% OFF for a limited time (~48 hours)! Yes, I will match your donation and bitcoin.com will match them again!

time's up! I will not double any more
I think fungibility is a very important property for cash to have. CashFusion is currently our best shot at ensuring it in BCH.
Now, the great team behind CashFusion is in need of some funding to get the product out of the door in safe way and I think the community should have no issues funding it.
Many donations (large and small) have already happened and I thank everyone who contributed and especially bitcoin.com for matching (hopefully) those donations once the goal of 50kUSD is reached.
Now I want to get it done and reach the goal of 100,000 USD asap. That's why I decided to match anyones donation to the Cash Fusion Fund setup by bitcoin.com up to 21 BCH for a period of roughly 48 hours.
In the future, thanks to projects like flipstarter, we'll probably be able to do this kind of thing in a more trustless manner, but for now you'll have to trust me to double your donations and all of us will have to trust bitcoin.com to double our contributions again.
TERMS
For any transaction (called "original tx") that matches the following criteria:
I will
Additional restrictions and conditions:
One last thing: please don't tip me here any substantial amount. I wont pass on any tips. I will have to pay income tax on tips
So go ahead: milk my wallet and let's get this thing funded!
EDITS / UPDATES
final stats
21 transactions matched, 7.46 BCH total, 35% of my 21 BCH used up
Thanks to everyone for participating!!! you guys are great!
time's up! I will not double any more
submitted by moleccc to btc [link] [comments]

Fucked up, lost PGP 2FA Key set

On empire, made a series of purchases yesterday.

Sent support a ticket about potential scammer, know the password, pin, even the exact conversations and items were ordered. But today, I know support says they dont reset 2FA (IM not a vendor) btw, 2 transactions were finalized, but yeah, have I lost that account, and coins? Have relayed all this in a ticket to support team. The guy I DID manage to finalize a physical good for, I had to send him a passphrase, I must have added a double layer of security or something by mistake.
DO I lose access to that account, and the coins as well? Im not a vendor, I ironically put enabled 2FA for my own security, LOL. Wont make that mistake again. I just want either, to ensure outstanding transactions are confirmed with the correct details, or, that they are cancelled, and Im refunded the bitcoin minus the fees. IS that possible, or am I delusional
submitted by outragedpenguin to darknet [link] [comments]

Removed comments/submissions for /u/OverLeveraged14

Hi OverLeveraged14, you're not shadowbanned, but 97 of your most recent 105 comments/submissions were removed (either automatically or by human moderators).

Comments:

ft8ds4z in CryptoCurrency on 07 Jun 20 (1pts):
bitcoin relies 100% on confirmation bias. everyone yells ''its amazing'' because they're financially biased, but they dont actually believe it. they just hope someone will pump their bags. to me the...
frm76ad in Crypto_com on 24 May 20 (1pts):
simply put, they dont support canadian banking and canadian dollars. at least yet. might change when they add debit card for canada since i would assume that will be denominated in CAD but i could...
frkvb1u in CryptoCurrency on 23 May 20 (1pts):
eth has a 5x premium on greyscale, i just dont understand how anyone can accept that lol. https://i.imgur.com/eeXlo9H.png
frkloxd in Crypto_com on 23 May 20 (1pts):
keep calm and eat jellybeans.
frkiibm in CryptoCurrency on 23 May 20 (1pts):
bitcoin answer to this is ''but store of value bruhh''
frkfuy6 in Crypto_com on 23 May 20 (1pts):
you can use it to go 1.5x leverage. loan 5k, buy btc, btc goes up, sell 5k worth and keep the difference. free real estate bruh! just kidding, leverage is dangerous :)
frk8jee in CryptoCurrency on 23 May 20 (1pts):
Zcoin, its an establish coin that's been around for a while, has some interesting stuff happening this year but mainly just looking at the chart is enough for me to take the risk. bought a...
frk6eir in CryptoCurrency on 23 May 20 (1pts):
beware of POS coins in general. it doesnt matter if you make 100% if the coin goes down 90%, you still lose 80% of your money. its fine to prefer pos over pow if you dont care about the security as...
frk5z26 in CryptoCurrency on 23 May 20 (1pts):
im sure Kenyans love paying half their wealth in fees.
frk5mht in CryptoCurrency on 23 May 20 (1pts):
fwiw, there's a loser on each side of a trade.
frk5hn6 in CryptoCurrency on 23 May 20 (1pts):
here's a little tip, if a coin has a sub coin to pay fees, its garbage.
frk5cdn in CryptoCurrency on 23 May 20 (1pts):
haaa yes, the indicators that rewrite themselves to make it look like they called the shots
frk4pia in CryptoCurrency on 23 May 20 (1pts):
i like cryptowatch. has standard list but also has charts and a few other useful views like this. https://cryptowat.ch/cards/assets also has a bunch of other...
frk2zzv in CryptoCurrency on 23 May 20 (1pts):
i cant wait for 1000sat/byte as a standard when btc hits 100k$! its gon be great! i really dont care if 90% of my paycheck vanishes in a transaction fee cause ill hodl till i die! i already threw...
frjwzk9 in CryptoCurrency on 23 May 20 (1pts):
well, at least he's not shilling a scam this time i guess?
frjvori in CryptoCurrency on 23 May 20 (1pts):
people didnt expect that kind of bull run in 2016, at least no that i remember. there was some hype early on in 2017, specially because of ETH, i still cant tel wheter or not btc rode on eth's...
frjt8r7 in CryptoCurrency on 23 May 20 (1pts):
eth by far. bitcoin is racing towards a dead end and everyone knows it but choose to ignore it and scream moon all day long. its sad but true bitcoin cant sustain anymore growth and there's no plan...
frjr53k in technology on 23 May 20 (1pts):
how about let it fucking sink so it can be bought for a penny on the dollar? only thing this system is doing is promoting irresponsible business management because ''why take precautions or innovate...
frjq6q8 in technology on 23 May 20 (1pts):
the best way to make you gmail inbox safer is to use protonmail instead haha.
frjg2ez in CryptoCurrency on 23 May 20 (1pts):
i can attest to this. i did a piece that shows how 4mb block would HELP bitcoin adoption AND decentralization and was banned for promoting BCH, which i havent talked about once in all of my...
frjfwao in CryptoCurrency on 23 May 20 (1pts):
no, its means goldman needs a conference call to tel investors not to buy bitcoin.
frjfehq in CryptoCurrency on 23 May 20 (1pts):
proof of funds is the scummiest bullshit ever created. allows institutions to literally steal money from legitimate users who cant provide a proof. its easy for freshly earned money now that we know...
frjbtml in CryptoCurrency on 23 May 20 (1pts):
it doesnt really matter how much the fed prints, because it wont leave the fed without someone taking the loans, and nobody wants a loan right now. theses funds mainly exist in order to prevent the...
frgj543 in politics on 22 May 20 (1pts):
why? its not like he has issues routing a billion dollars of public funds over to Ukraine.
frggmty in CryptoCurrency on 22 May 20 (1pts):
''in a nutshell'' dont hang out in bitcoin or btc, bitcoin has gestapo mods and btc is salt all day long.
frfp692 in WhitePeopleTwitter on 22 May 20 (1pts):
just go gamble 100x till you make it, ez.
frfoe8c in LifeProTips on 22 May 20 (1pts):
Discord my friend, Discord.
free9l1 in CryptoCurrency on 22 May 20 (1pts):
hahaha, no.
fredual in CryptoCurrency on 22 May 20 (1pts):
dw bout it, everyone pays to learn in this space. some later than others. better take your loses early on rather than get your illusion of success shattered down the road.
frdpvm8 in CryptoCurrency on 21 May 20 (1pts):
all you had to do is claim you hex, for free. if you dont pay for something, how are you getting scammed? you have no clue who gave him that eth, for what purpose, and if they're okay with him...
frdo9tl in CryptoCurrency on 21 May 20 (1pts):
lets be honest, sending them to an exchange that has ''Fren with justin sun'' written all over it was not exactly his most genius moment.
frde4ag in CryptoCurrency on 21 May 20 (1pts):
folding is great but it honestly pisses me off at the same time. there is so much spare computing power owned by american companies and almost all of it is never put to use for folding, it should be...
frddkuy in CryptoCurrency on 21 May 20 (1pts):
''investing'' in crypto is honestly the wrong way to think about it. gambling is a much better term. at best you're all in on btc and you're hedging against fiat inflation, at worst you buy any...
frdcffn in CryptoCurrency on 21 May 20 (1pts):
that explains why you know nothing about it.
frdaz60 in CryptoCurrency on 21 May 20 (1pts):
doubtful. negative interest rates in a deflationary environment wont be a big deal. yall really seem to misunderstand how good the USD is at fucking you over. keep believing hyperinflation is gonna...
frdantd in CryptoCurrency on 21 May 20 (1pts):
you havent seen nothing yet my man. 2017 had fees up to 100$. its gonna happen again.
frcveyn in CryptoCurrency on 21 May 20 (1pts):
considering he thinks bitmex sells trader's fund on spot after they place a trade, its fair to say this guy doesnt know anything about anything.
frcn75e in CryptoCurrency on 21 May 20 (1pts):
this is the dumbest article ever made on crypto.
frcmmkz in CryptoCurrency on 21 May 20 (1pts):
you're an idiot.
frcgfqm in CryptoCurrency on 21 May 20 (1pts):
while i agree that bitcoin sucks as it is and needs a block size increase (4mb would be perfect for now and wouldnt change a damn thing about decentralization) bsv is garbage and bch too.
frcg7pc in CryptoCurrency on 21 May 20 (1pts):
those 3 pools are also made of thousands of individuals. its not the pools' hashrate. if they start messing with the network, that hashrate will leave fast as fuck.
frc3yb5 in CryptoCurrency on 21 May 20 (1pts):
yet only 5mil in liquidity. useless network.
frbyhp0 in CryptoCurrency on 21 May 20 (1pts):
btc blocks should be 4mb-8mb right now to keep in line with technological advancement since the 1mb block limit was implemented. prove me wrong. ill debate anyone. and before you ask, im a btc...
frbxj5j in CryptoCurrency on 21 May 20 (1pts):
opening the pandora's box for market manipulation is a bad thing for wallstreet. these's patterns are not exclusive to crypto, at all, and ''trapping'' and stop hunts has been done for decades. this...
fr8anz5 in CryptoCurrency on 20 May 20 (1pts):
honestly wouldnt be surprised. btc isnt going anywhere without scaling and ln is a cluster fuck for adoption.
fr64v2n in Bitcoin on 19 May 20 (1pts):
rofl.
fr64mko in Bitcoin on 19 May 20 (1pts):
this is software or 3rd parties trapping people into having to use those fees.
fr649wf in CryptoCurrency on 19 May 20 (1pts):
that company is a fucking leech regardless how you look at it. trying to make itself relevant by attacking others. they arent doing anyone but themselves a favor. you can hate on XRP just as much as...
fr62m0n in Bitcoin on 19 May 20 (1pts):
this is absolute garbage propaganda to assume that nodes would drop out rather than upgrade. im so fucking tired of people pretending like buying a 400$ computer to run a node is a problem but...
fr61jya in Bitcoin on 19 May 20 (1pts):
supply is 18million, not 900/day. there's plenty to buy from. also if you are talking about paul tudor jones, he didnt buy a single bitcoin and said so himself that he would only be playing futures...
fr60yqv in Bitcoin on 19 May 20 (1pts):
store of value is NOT a use case, and bitcoin is NOT widely adopted.
fr5yqcw in Bitcoin on 19 May 20 (1pts):
" not really looking for financial advice " maybe you should.
submitted by MarkdownShadowBot to CommentRemovalChecker [link] [comments]

Unconfirmed transaction 8 hours later...

Just under 0.05 btc were sent to me around 8 hours ago and still are unconfirmed after 8 hours. Not one confirmation on both incoming transactions to my wallet.
Is there anything I can do to fix this or speed it up ? What could be causing this ?
These are the transaction Ids
acc9e120668107a24d17d55080bb325d9c85fcc613d263abec1eb1d2bb69be8b
92335573293d5ff9a3cba1f6a7d5f2485684969591cf858ad7e064e2436ac785
The person who sent the btc sent it from his blockchain wallet and just used the standard which they set which at the time was 0.04 sterling (GBP)
(posting here as I think I posted in the wrong section before)
submitted by CJH_123 to Bitcoin [link] [comments]

SCAM Alert !!!! SIMPLEX.com is a fraud company. do not use them also under BUYEGLCOM

📷Bitcoin•Posted byu/muneer29082 years ago
Hello, Thank you for contacting Simplex Support. - this was before i even had a wallet created
Going over your transactions, it would seem that the BCH, you've purchased has already been transferred to your account.​You can see it listed to the address provided on the blockchain:https://www.blockchain.com/bch/address/bitcoincash:qpn.... If you do not see your funds in the wallet, please contact your wallet provider for further investigation.​ Please kindly be aware that since your payment was already approved and the cryptocurrency has already been sent, there is nothing we can do - once the cryptocurrency is sent, we have no more control over it and our part in the transaction is over. If you have any further questions, please reply to this email. All the best,DaveSimplex Support Team📷 For live updates 📷

SCAM Alert !!!! SIMPLEX.com is a fraud company.

📷
SCAM Alert !!!! SIMPLEX.com is a fraud company. Save yourself. Never use your credit card on any platform (e.g. bitcoin.com, changelly.com etc) that has partnered with simplex.com for credit card purchases. This is a 101% scam.
Never use your credit card to buy bitcoins from any platform who are partnered with simplex.com for processing of credit card payments. simplex.com is a scam to steal your hard earned money. they are crooks of ultimate order. save yourself from being scammed. you have been warned.
31 CommentsGive AwardShareSaveHideReport60% UpvotedThis thread is archivedNew comments cannot be posted and votes cannot be castSORT BYBestView discussions in 1 other communitylevel 1sagy19896 points· 2 years ago
i dont know guys what are you talking about !! i bought from them like 5 or 6 time with no problem , it was fast and i received all my btc within an hour , i only dont like the 7.5% fees they charge , but they still the cheapest btc seller i experienced
Give AwardShareReportSavelevel 2ChickfilaPlug1 point· 1 year ago
How long did it take to recieve your tokens
Give AwardShareReportSavelevel 3bablon791 point· 1 year ago
I was have good experience with SIMPLEX but one time I buy Bitcoin after 5 days I received email say you cancel my transaction And you will Refund my money back Within 42 hours I wait more than 5 days you never return my money back I called my bank to cancel transaction very bad service sorry Sarah ( go find you another job)
Give AwardShareReportSavelevel 1cyb3r_joe3 points· 2 years ago
Well I purchased btc from CoinGate/Simplex using a credit card and I am starting to regret. I thought it would be the "easiest way to buy btc with credit card" according to their website... So here's the process, they ask for your wallet address, then, all you credit card info, then a selfie of you holding the credit card, then they withdraw funds, and ask for more info like upload of image of you DL, as I was doing this the site crashed, but they withdrew the $$ from my bank account. I got one email from simplex stating--- basically they take your money without verifying!!! Like if you can't handle amount if transactions, DO NOT take peoples money. NOT COOL!!!
"Thank you for submitting your payment. It is currently being verified. Simplex payment ID: XXXX XXX XX X XXXX Please note the this verification process may take some time. We appreciate your patience, as we are fully committed to ensure you receive a quick response. So, what’s going on with your money now? Simplex is currently verifying your transaction. It is possible that you will notice a charge in your credit card account. This is only an authorization check, automatically made in order to reserve the amount in case the payment is approved. If the payment doesn't go through (cancelled, expired or failed), this authorization check will be voided in no more than 48 hours, and you will not see the charge in your account.
Give AwardShareReportSavelevel 2Comment deleted by user2 years agolevel 3cyb3r_joe1 point· 2 years ago
No, sorry to report that simplex has not yet delivered my coins, approved the transaction, or canceled the pending charge on my account
Give AwardShareReportSavelevel 4ChickfilaPlug1 point· 1 year ago
Did you ever recieve your coins or money back? Stumbling across this old post as I purchased 3 hours ago and haven't recieved my coins
Give AwardShareReportSavelevel 1SarahKinney3 points· 2 years ago
Hello,
My name is Sarah and I am the Head of Customer Relations at Simplex.
I understand your frustration and will do my best to help you out.
First I would like to assure you that Simplex is not a scam. We are a fully licensed financial institute in the EU, and take extreme measures to ensure the safety of all the transactions that are sent to us.
Kindly send me your transaction ID so I could take a closer look and handle the issue personally: [[email protected]](mailto:[email protected])
The transaction ID is the long string of numbers and letters that appear in any of the emails we sent you regarding your payment.
Sincerely,
Sarah Kinney Head of Customer Relations Simplex
Give AwardShareReportSavelevel 2iamchriswick2 points· 2 years ago
So, miss Kinney...
As you have failed to comply with the regulations of Norwegian law, and the vast amount of customer complaints towards you from our clients in Norway, we have decided to send out an red flag alert warning all our clients to stay away from using your services.
C.W. VISA Europe
Give AwardShareReportSavelevel 2sector801 point· 2 years ago
Please take a look at this transaction and tell me what is going on I never completed of verification and cancelled but funds were still taken please inform me what is going on if you are not a scammer?? Simplex payment ID: ebca70a7-801f-4706-b669-c305568be80d
Give AwardShareReportSavelevel 1paulsepolia3 points· 2 years ago
SCAM. They charged my credit card £1200 and never received the receipt and the bitcoins ...
Give AwardShareReportSavelevel 2Mk1spyder3 points· 2 years ago
TOTAL SCAM SIMPLEX IS RAPING EVERYONE I lost $1100 to them
Give AwardShareReportSavelevel 2TheBatGlitters3 points· 2 years ago
This happened to me... right now. My money is gone and there are no coins. I think I will be needing to contact my bank about this.
Give AwardShareReportSavelevel 1yusa243 points· 2 years ago
same thing happened to me can i cancel my bank transaction?
Give AwardShareReportSavelevel 1skyracer7772 points· 2 years ago
Simplex is 100% Scam I have exactly the same issue, exactly same replies from them, generic emails. 1 month after no resolution and my ticket deleted. Credit card charged no Crypto no $ returned. I have requested my bank to reverse transaction. What i think is going to happen is that Australian banks will start declining transactions to crypto wallets.
Other thing is i think we should punish this sort of fckrs We could start a class action lawsuit: https://www.consumer-action.org/lawsuits/
Give AwardShareReportSavelevel 1PrinceShootingStars2 points· 1 year ago
I saw this post as soon as I made €200 payment via Changelly and I was scared to death that I've lost money again. However, while I was here worrying and going through the post, little didi I know that an email had been sent to me that the verification was successful and that my BTC would be deposited into my wallet soon and voila, I checked my wallet and I found the BTC there. I'm talking about less than 20 minutes here guys, so you can't imagine my joy, it was as if somebody gave me money.
My take: Those that encountered problem could be due to the fact that they are mostly Non-European holders and that Simplex has problem linking well with USD cards, I live in Europe and they are European based company, so they might find it easier to integrate well with European SEPA cards (in my own case). It could also be that they had major transaction problems before which has now been resolved. All these are just my assumptions, so disregard anything that sounds like jargons t you.
Cheers.
Give AwardShareReportSavelevel 1crypto_master5001 point· 2 years ago
I had an experience where I tried to purchase 1 BTC from them in June and they charged my card but never delivered the BTC on Bitstamp. My credit card refunded the transaction.
Give AwardShareReportSavelevel 1raghav9861 point· 2 years ago
Yes it's a scam
My payment id's
Simplex payment ID: 8b2342a2-4884-4c38-834c-8712be2e93d6 Simplex payment ID: db4f5df7-de09-4d78-87e6-d7633aa99ed2
For one transaction of 750$ i didn't even received ID from them but money got deducted. They don't reply at all
My 2700$ stucked.
They guys removed my reviews from trust pilot and facebook.
check here i shared some screenshot as well
https://forum.bitcoin.com/scam-accusations/simplex-com-is-scam-stay-away-t61521.html
Give AwardShareReportSavelevel 1cyb3r_joe1 point· 2 years ago
This is Simplex CEO/ Founder
Nimrod Lehavi
https://www.facebook.com/nimrodlehavi
Give AwardShareReportSavelevel 1cryptosubba1 point· 2 years ago
I also purchased bitcoins from changelly.com on 13th. 12, 2017 using simplex.com and it is now 17th. and they have not refunded the amount that they had charged in full.
I have posted about it at: https://bitcointalk.org/index.php?topic=2595909.0
and
https://forums.boxmining.com/threads/is-changelly-com-and-simplex-com-fraud.427/#post-3229
Give AwardShareReportSavelevel 1Jmahumada1 point· 2 years ago
Credit card charged after payment request cancellation from Changelly
I wanted to exchange money from Changelly using my credit card, so I went through the process. I was taken to SIMPLEX API and entered my details; however I did not get to upload my picture holding the card for verification and decided to CANCEL the payment.
To my surprise, my money was WITHDRAWN from my account regardless. I've checked with my bank and they have confirmed this.
I emailed support 12 hours ago and still waiting for someone to have the kindness to reply.
I received a follow up URL when I emailed support, however it does not go anywhere. I am also not allowed to login or register using my Changelly email address AND on top of that social media login does not work either.
I am getting very anxious due to the large number of complaints, so I am wondering how long to wait for a payment reversal transaction before initiating a dispute through my bank; I did not buy any coins and ended up with a charge of $2,072.69 NZD on my credit card.
Payment cancellation email I received was as follows:
Dear xxxx, Your payment request from Changelly has been cancelled. You chose to cancel the payment. Simplex payment ID: aa16338a-a0e9-448d-b6f4-7e85bbfe0279 For more information, contact us at... or visit our FAQ section at simplex.com/ faq. Please do not try to reach Simplex's support using any other method (such as social media), as you might be mislead by imposters ...
Should I hear from Simplex I'll let you all know by posting here and I am more than happy to amend my rating; at this stage this is purely based on the support I've received from them, and of course the unhappiness of my credit card being charged without having purchased anything
I'll appreciate any feedback from guys. Cheers, Jose.
Give AwardShareReportSavelevel 1[deleted]1 point· 2 years ago
This happened to me as well.
Ordered bitcoins on 21 Dec 2017 Paid for bitcoins on 21 Dec 2017 ID provided on 21 Dec 2017 Bitcoin price crashed and recovered Order cancelled on 26 Dec 2017 Emailed Simplex support and payment support on 27 Dec 2017 - no response Emailed Simplex support and payment support on 28 Dec 2017 - no response Emailed Simplex support and payment support on 8 Jan 2017 - no response Emailed [email protected] on 9 Jan 2017 - waiting
ShareReportSavelevel 1Beetlemire1 point· 1 year ago
I've been going through this same scenario as everyone else here. Went through Mycelium to by bitcoin on the 10th of this month. Was sent to simplex for verification. Stayed in touch with their customer service and was told it could take 2 to 3 days. Had to send photo of license and everything else. Was planning on contacting them again tomorrow and then having cc charge back if nothing happened.
Well I just received an email that my payment was cancelled due to changes in BTC rate. I'm happy to report that my money has been returned to my card (i use a secured cc cause I was a fool in my younger days, not that much has changed). I just wanted to report this to give some of you hope. The last 2 days I've been stressful as hell. It was less then $100 but for me that's a lot of money to lose. Good luck to you all.
Give AwardShareReportSavelevel 2ChickfilaPlug1 point· 1 year ago
I recently just bought earlier today and am worried if I'll get my bitcoins or if I'm going to get scammed
Give AwardShareReportSavelevel 1deech0131 point· 1 year ago
I didn't do my due diligence, and never heard of SIMPLEX defrauding Bitcoin consumers. And so, I exchanged around a c-note into BTC through SIMPLEX.com on 02/21/2018, and the funds appeared in my Wallet within a few hours.... So maybe they don't scam everyone???
Give AwardShareReportSavelevel 1uclabruinfan751 point· 1 year ago
A more appropriate description for simplex would be money launderers. I have made over 10 debit card transactions with Simplex - the charges are authorized by my bank and then Simplex, for some inexplicable reason, will credit back my account for that exact amount with no explanation given. I have completed all the required verifications so simplex knows that the charge is being made from my debit card. basically money goes from my bank to simplex and simplex returns that exact amount to my bank.
Give AwardShareReportSavelevel 1[deleted]1 point· 1 year ago
Was going to make a small purchase earlier (~$100) but I wasn't aware they would require a photo of my ID. This isn't happening, no chance in hell. The "live chat" available on their site is fully automated, makes no difference what your question is you'll get standard pre determined responses. I've received an e-mail stating my transaction has been cancelled due to my not providing the proper ID - in the same e-mail it says my card should not have been changed yet, even though it already has. Be careful with this one, SCAM.
ShareReportSavelevel 1acmehash1 point· 1 year ago
I sent in almost 100 dollars. They of course wanted photos of my ID so of course I sent them. They immediately sent an email saying that they were not good enough quality try again. So I took pics of it again. Then 6 hours later then declined my payment and accused me of fraud, "called me a fraudster", but still charged my card.
Your payment request has been declined.
Please note that we do not disclose the reason for declined payments. This is because unfortunately we have seen these reasons being used by fraudsters to create fraudulent transactions.
For your reference:
Simplex payment ID: 1f577e5b-f128-4571-9573-2b18d1d32414
For any questions, please contact us by chat at simplex.com or email at [email protected]. Please do not try to reach Simplex's support using any other method (such as social media), as you might be misled by imposters. Please always refer to your Simplex ID when contacting support.
Please note that your credit card has NOT been charged. The funds have been placed on authorization hold in order to reserve the amount in case the payment was approved. Since your transaction has been declined, this authorization check will be voided. This typically takes the bank 48-72 business hours (not including Saturday or Sunday). Please let us know if you do not see the funds released after that time.
Sincerely,
The Simplex Team
This email was automatically generated so please do not reply to it.
Give AwardShareReportSavelevel 1Sooty171 point· 1 year ago
I am so disappointed with Simplex. I have bough ETH previously and all was fine. Now 18 days later and no sign of my 5+ ETH. I had to work out the problem - even though they confirm I bought ETH it was put on the Blockchain without the ETH code 0x!!!
Their response oh it will take some time to resolve on hitBTC - they sent the wrong message....which I had to identify!!!
Rating of 1
Give AwardShareReportSavelevel 1satoshiAfrica1 point· 1 year ago
This is discouraging. After creating an account on BTCC and undergoing a complex verification. i just landed on this post. Really difficult
Give AwardShareReportSavelevel 1Sooty171 point· 1 year ago
After 5 weeks chasing and chasing and chasing.
I have been scammed £3000 when I only wanted 1 x $1800 - do the maths.
When it didn't arrive I eventually was advised it was sent by "contract" by SIMPLEX which HITBTC "were not set up for" but it would arrive in my account. SIMPLEX are HITBTC's preferred agent but take no responsibility for delivery.
It would be applied to my wallet "manually". 4 weeks later I am finally advised....
Tonight I am advised that it has been applied to a wallet not related to my account.
Day after day I have chased politely .... after 5 weeks I lost out on EOS and have lost my £3000.
Give AwardShareReportSavelevel 1Sooty171 point· 1 year ago
Hi Guys,
Update for Sooty17. After 38 days and over 40 emails to Simplex and HITBTC I finally have my coins!
I seem to have finally gained traction through [[email protected]](mailto:[email protected]) though I have had so many explanations as to where the coins where I wont know anything conclusive.
Anyway happy to get my coins at last. And keep trying!
submitted by percylondon to Bitcoin [link] [comments]

Unconfirmed transactions x5... Need advice please help me )':

Hello. I have x5 unconfirmed transactions. A few of the transactions have been unconfirmed for 6 days!
4 of the transactions I sent around a 5% fee. (Send $10 put a $.50 fee). The last transaction I sent $5 with a $5 fee and it is still unconfirmed! I do not understand why the Fee per byte - sat/B seems so low on my transactions. Is there anything I can do to try and push these transactions through? And If I send another transactions can it be confirmed whilst the ones before it remain unconfirmed?
Any help or advice is greatly appreciated. Here is my BTC address - 15d1oFggT47XBTWeFMdmXHRgNNCZyaEr1q
Thank you
submitted by btchelpme1 to Bitcoin [link] [comments]

Bitcoin transfer taking forever

So I’m pretty new to bitcoin. I made a small investment which I wont disclose to the actual amount here. The cash app just didn’t have all the features of Coinbase. I transferred the entire balance of my cash app balance to Coinbase and the transaction is still pending after roughly an hour. Does it normally take this long? I received an email confirming it was on the blockchain from cash app almost immediately. Should I be concerned?
submitted by TechieBrad to BitcoinBeginners [link] [comments]

Is Coinbase still ridiculously slow?

Before I buy £100 of Bitcoin
Will it actually get to my wallet in under 30 fucking hours this time?
submitted by DreamyDays00 to CoinBase [link] [comments]

Issue with Wallstreet market

Hello I have made an order on Wallstreet market and the bitcoin payment went through around 13 hours ago. On the payment screen however it says that the payment has gone through (Unconfirmed) but on the (Confirmed) section it is still at 0 btc. The transaction has fully gone through on my electrum and it has 80 confirmations right now but it still wont move.

I wrote a ticket to support but they still haven't responded. Is this maybe something on my end? I did put in a very low fee (13 sat/b) so it took around 7 hours to confirm and during that time I used a transaction accelerator (Just a free one I found called https://bitaccelerate.com/ ) Would that have anything to do with it?

I'm not sure if I am allowed or if its a good idea to link the transaction on blockchain so I wont but I would really appreciate some help.

Thanks guys

EDIT : For anyone else experiencing this issue they have said on their dread forum that they are fixing it. They had to move all the BTC to 1 wallet to fix some issues and should get resolved in a couple of hours (ETA looks more like 1 - 2 days). Lots of people saying this is an exit scam, its personally believe that its not. They are active about this in their dread forum so check it out over there :) DONT SUBMIT ANY SUPPORT TICKETS! They said that on their dread page because it will clog up their system

Final edit : wallstreet has exited. RIP
submitted by legendalive to darknet [link] [comments]

Beginners Introduction Guide for Pundi X

Beginners Introduction Guide for Pundi X
https://pundix.com


https://i.redd.it/ad9tfd3rjpi21.jpg

Executive Summary;


Pundi X’s mission is to make buying crypto currency as easy as buying bottled water. As the Walmart and 7-Eleven of crypto currency, we want users to buy and use crypto currency anytime anywhere.
Pundi X a leading Singaporean-based blockchain company recently ranked by KPMG as one of the world’s “Emerging 50” firms that are at the forefront of innovative technologies and practices in its 2018 Fintech100 report of Leading Global Fintech Innovators.
We have a product poised for mass adoption infrastructure, where consumers can buy and sell crypto at any participating retailer and spend their crypto.
For every transaction, through the XPOS (which is a point of sales) machine, there will be a token burn coming. Token burns mean reduced supply over time. The more machines in outlets and more people using crypto means supply will decrease, therefore the demand will increase. Pundi X will not be an erc20 token for long, Pundi X is creating its own blockchain called the f(x) blockchain.


https://i.redd.it/z3mp6tfp1qi21.jpg
- Instant transactions worldwide 24/7.
- No monthly charges or any hidden fees.
- Merchants will receive revenue back, a whopping 65% from the total transaction fee, on every single Crypto related transactions.
- Consumers can readily buy/sell Crypto currencies straight from the actual XPOS device.
- No Banks needed, hence serving the un-banked and the under-banked population.
- Merchants can receive payment in their local fiat to avoid Crypto fluctuations.
- Supports Mobile payments, NFC, QR Code and all current traditional payments.
- The POS can setup your inventory, loyalty programs, ads, and print smart receipts.
- Avoid high Visa/MasterCard/Credit Card fees using XPOS solutions.

Statistics;


- 5,500 XPOS Dispatched already to 25 countries.
- Tested over a two day period in the Historical first ever crypto mass event with "Ultra Taiwan Music Festival" with 30,000 + attendees, went flawlessly, (see videos on Pundix Official YouTube Channel).
- 7,000 More XPOS going out soon.
- 300,000 XPASS dispatched.
- 60,000 + Transactions over the XPOS.
- 20 + Top Crypto Exchanges.
- 45 + Events attended.
- 150 + Team members.
- 7 Head Offices globally.

Function X Blockchain – A game Changer:



https://i.redd.it/5ibzoexntpi21.jpg

The f(x) (short for Function X) blockchain under current test environments, each XPOS is an f(x) node; all data from the XPOS will be fully encrypted and stored in f(x) low level IPFS. Our IPFS is one that is specially designed for XPOS, f(x) and other smart devices. The f(x) public ledger will record all transactions, and the chain deploys sharding and PBFT.
At Pundi X, we believe that open source is the way to go and to strengthen the blockchain community. We will gradually enable all of our operating system and f(x) chain’s code to be open source. It will be free for all Dapp software and hardware manufacturers to develop products for the f(x) ecosystem, hence achieving true decentralization. Let’s all work together and re-engineer a decentralized world.

10x for Speed;
Visa can run 7,000–20,000 transactions-per-second (“TPS”). Any blockchain that offers small multiples of speed improvement is unlikely to displaced a tried-and-tested system like Visa. A 10X increase means 200,000K TPS has to be achieved.
Our upcoming blockchain called Function X (fx for short), we have to make sure we are comparable if not faster, at 10X it is at least 200,000 TPS, not just on paper, but in real application.
Sharding depends heavily on the availability of nodes. Confirmation processes increase by an order of magnitude when you increase node counts, we are already deploying the XPOS which will act as nodes.

10x for Scaling;
Scalability in a restaurant means how fast can you serve your meals, the faster you can scale, the more business you can have. Therefore, companies like McDonald’s spend a lot of effort shortening the time between ordering and checkout to serve its customers.
Scalability in blockchain is similar: it depends on the code (how fast can the burgers be flipped) and also nodes (how many cashiers can confirm the order). So whose code is the best? We will only know when proven. And what about nodes? The blockchain with the largest nodes will prevail. Currently Ethereum has the most nodes, but maybe not for long.

10x for Consensus;
And what about nodes? The blockchain with the largest nodes will prevail. Currently Ethereum has the most nodes, but maybe not for long.
With our minimum plan to roll out 100,000 XPOS in three years, we will be able to scale up transaction numbers significantly as the number of XPOS devices increases.
Can we do much more than 200,000 TPS? Let’s analyze: Sharding is a process of dividing a global network into pieces of a local network.
Each local network would then take charge of two-thirds consensus so that a particular transaction is verified in the local network and then broadcast to the global network.

Five Pillars of Function X Blockchain;

  1. Fx Operation System - (ROM) Android-modified blockchain-enabled operating system. Users can switch seamlessly between fx blockchain and regular everyday android mode.
  2. FXTP - (Web Protocol). Decentralized transmission protocol (P2P) and similar to https.
  3. Docker - Open Source platform for developers to build, ship, and run distributed applications (DApps).
  4. IPFS - Storage of various contents.
  5. Public Blockchain - A High performance and secure public blockchain.

More details here;
The Road ahead: https://medium.com/pundix/f-x-%EC%95%9E%EC%9C%BC%EB%A1%9C-%EA%B0%80%EC%95%BC%ED%95%A0-%EA%B8%B8-cb258f0e397c

The XPhone;


The XPhone, and the first true blockchain phone call, we demonstrated to thousands that we had a new protocol for communication that could take blockchain beyond the world of financial transfers. The X phone is powered by Function X OS which is based off the Android OS 9.0, so there is a backward compatibility with any Android apps.
Blockchain-based calling and messaging can be toggled on and off on the phone operating system, which builds upon Android 9.0.
On the blockchain mode, the services in the XPhone can operate completely independently of centralized carriers. Users can route phone calls, messages, and data via blockchain nodes without the need for centralized service providers.
The XPhone is in fact the first mobile phone that can run completely on a decentralized ecosystem powering telephony, messaging, and data transmission. The XPhone itself significantly expands the use of blockchain technology beyond financial transfers.
Every XPhone is also a node on the network to contribute to the operation of the blockchain ecosystem. Content and connectivity are organized in a distributed, node-to-node manner.
https://i.redd.it/ne3iufycqqi21.png

- Every device in the Function X ecosystem will be a node and each will have its own address and private key, uniquely linked to their node names, not unlike traditional URL and IP addresses.

- The OS can be overlayed to any existing Android devices without any compromises and compliment as a node to the function X blockchain.

- Using a new DApp published on Function X, Zac hailed a New York City cabbie from midtown Manhattan to Central Park via a smart contract executed on Function X. The taxi order was both conducted and recorded on-chain and by-passing any ride-hailing service via XPhone.

- In the browser, you may browse the traditional Internet via HTTP or use the blockchain Internet via FXTP.

- In f(x) OS, users are able to switch seamlessly between two modes. The blockchain mode allows a user to be connected to the blockchain - everything which you do in this mode like texting, calling, taking photos, browsing, etc. will be transmitted via the blockchain. In the traditional mode, it is like any other Android phone.

- You can develop DApps for X Play Store and regular apps for Google Play Store.
Note: Final design and specs are subject to change.

The FX blockchain: Giving data control back to users and creators.
“What this all means is that data control can and must be given back to users,” said Pundi X Founder and CEO Zac Cheah.

“Telecommunications and Internet companies have derived tremendous value from controlling data. By decentralizing apps, we can put this data onto a smart contract, effectively giving control back to creators and to users”.

“Much of what we call peer-to-peer or ‘decentralized’ services continue to be built upon centralized networks. We are changing that,” added Cheah.

Mobile devices as nodes;

“Scalability in blockchain is derived from the number and geographic spread of nodes. It is clear how achieving a critical mass in terms of scale will require something with a high utility for people. The XPhone thus has the potential to establish a large global pool of nodes,” said Pitt Huang, co-founder and CTO of Pundi X.

“And with Function X offering people the choice to be independent of a centralized communications network we’ve created a new use, a high and universal utility for blockchain. In turn, this will give life to a network large enough to support better scale, throughput, and new potential applications, plus true decentralization that has so far eluded blockchain.”

YouTube in-depth close up videos;
  1. Introduction to XPhone - Part 1 of 6
  2. Bringing Function X to life with the XPhone - Part 2 of 6
  3. Setting XPhone up as a Node - Part 3 of 6
  4. Using the XPhone to manage your files and browse the web - Part 4 of 6
  5. Blockchain-based text messaging on the XPhone - Part 5 of 6
  6. Blockchain Call on the XPhone - Part 6 of 6

More details here;
Website; https://functionx.io
https://medium.com/functionx/xphone-mwc19-new-design-and-specifications-including-the-x-button-announced-1c720b04f660

All Partnerships (so far):


Major Partners:
-American Chamber of Commerce Korea, AMCHAM is the largest foreign chamber in Korea with around 1,800 individual members from almost 900 member companies with diverse interests and substantial participation in the Korean economy.
Their partners includes, MacDonald’s, Star Bucks, Hyundai, United Airlines, Citi, Hawaiian Airlines, MetLife, Ford, Honeywell, Johnson & Johnson, Bayer, Cisco, HUB, Nike, Oracle, Kelly, Philip Morris, Hyosung, Cigna, Kim & Change, Pfizer Korea, and many more, see link below;
http://www.amchamkorea.org/?ckattempt=3

-Ebooc (Government UEA) Ebooc and Pundi X will provide several other applications for consumers such as making retail payments; paying for government services, fees and fines; utilities and bills; telecommunication bills and school fees on POS devices running a stable, digital equivalent of traditional fiat currencies in the region.
The move brings our world-leading, blockchain-based XPOS technology, XPASS card and e-wallet to the Gulf, Middle East and North Africa region for the first time with Ebooc as the official partner under the terms of a strategic partnership agreement as executed.
Additional Back information about the Founder of Ebooc: Entrepreneur & Senior UAE Government Official with deep Government experience of over 20 years. From his current role as Assistant Undersecretary, Industrial Development Sector at Ministry of Economy, UAE, Abdalla has been able
to participate in policy-making and planning strategy for ministry of Economy and oversee the operations and major projects within the industrial sector.
Developing action plans and programs for the industrial sector, overall supervision of the industrial licenses issued by the ministry, General supervision of Institutions Support Department, which specializes in conducting necessary studies for the development of industrial exports.
Regulations and specifications of Foreign Affairs in coordination with stakeholders Prior to this was the CEO strategic planning & affairs at Emirates Post Group was on the Board of Directors of Wall Street Exchange Chairman of the Executive Committee ; Vice Chairman of the Emirates Marketing & Promotion Corp. Board Member of the Emirates Courier Services – Empost.
https://medium.com/pundix/ann-pundi-x-technology-to-debut-in-the-gulf-and-middle-east-5b7651b4bd14

-NEM, (Deal to deploy additional 20k XPOS units) A commitment to use NEM's blockchain technology to produce 20,000 of the world's first NEM-based POS terminals, called NEM XPOS.
To foster this project, we completed a private allocation totalling US $ 17 million (USD) on April 5, 2018. The fund will be used for technical integration and production of at least 20,000 XPOS NEMs over a three-year period.
https://medium.com/pundix/aloca%C3%A7%C3%A3o-privada-de-17m-usd-%C3%A9-conclu%C3%ADda-para-o-nem-xpos-5a7074b39b5c

-Ubivelox, they have become an international innovator in the development of smart cards, mobile communications and blockchain (ranked 6th largest in the world). The two companies will work together on XPOS and XPASS technology development, security and market deployment, which will not only facilitate the promotion of Pundi X in Korea, but also help accelerate the layout in the global market.
https://medium.com/pundix/%E9%9F%A9%E5%9B%BD%E4%B8%8A%E5%B8%82%E5%85%AC%E5%8F%B8ubivelox%E4%B8%8Epundi-x%E5%BB%BA%E7%AB%8B%E6%88%98%E7%95%A5%E5%90%88%E4%BD%9C%E4%BC%99%E4%BC%B4%E5%85%B3%E7%B3%BB-91f3665f0ae9

-QEX Fund SP; At Consensus: Invest 2018 in New York, we introduced the QEX fund in partnership with Quantum Energy Asset Management (QEAM). QEAM & R.E. Lee International Capital unveil $100 million fintech-focused hybrid fund, QEX Fund SP.
Vic has over three decades of experience in banking and securities, including as the former Chief Operating Officer, Asia Pacific, for Global Transaction Services at Bank of America Merrill Lynch, and as the former Chief Risk Officer at Hong Kong Exchanges and Clearing.
“The combined expertise of QEAM, R.E. Lee International Capital and Pundi X provides a differentiated offering and a strong edge, amplifying the unique proposition of traditional finance and technological expertise in fintech and emerging innovative technologies such as blockchain,” said Mr. Tham. “It is rare to bring together a team that has decades of experience in fund management, securities, banking and also emerging fintech and blockchain technology all under one roof.”
R.E. Lee International Capital Pte. Ltd. QEX Fund SP is targeting a USD $100 million fund size with a minimum subscription of USD $300,000 and is available to non-US accredited investors from today. For further information, please email to;
[[email protected]](mailto:[email protected])

https://medium.com/pundix/pundi-x-announces-qex-fund-in-partnership-with-quantum-energy-asset-management-to-grow-the-247b473d96a5

The F(x) Coin;


The f(x) ecosystem is fully decentralized. It’s designed and built to run autonomously in perpetuity without the reliance or supervision of any individual or organization.
To support this autonomous structure, f(x) Coin which is the underlying ‘currency’ within the f(x) ecosystem has to be decentralized in terms of its distribution, allocation, control, circulation and the way it’s being generated.

https://i.redd.it/scikiwyj7qj21.jpg

Broadly, there are four main participants in the f(x) ecosystem, as shown above:
  • Consumer: Users enjoy the decentralized service provided by the f(x) ecosystem.

  • Infrastructure Service Provider: Providing infrastructure service like the ones provided by mobile carrier, Amazon AWS but in a decentralized way.

  • Developer: Building DApp upon f(x) network like Uber, AirBnb, Alibaba.

  • Financial Service Provider: Providing liquidity of f(x) coin like NASDAQ, Morgan Stanley.

Infrastructure service provider, Developer and Financial service provider contribute the seamless operation and service shall generate the positive circulation, innovation and value flow to the f(x) ecosystem.

The value flow of the Function X ecosystem;
  • Infrastructure service provider can offer the service, such as Blockchain, FXTP, DDocker and IPFS to earn f(x) Coin.

  • Developer can build applications upon f(x) OS to earn f(x) Coin and at the same time they need to pay for the infrastructure service.

  • Consumer enjoys the service and pays for the service in f(x) Coin.

  • Developer and infrastructure service provider shall earn f(x) Coin in return by providing their service and they can liquidate it through the financial service provider to earn some profit.

Together, these four participants will create a positive value flow. More service providers will enhance the quality of service and attract more consumers. More consumers will bring more value to the ecosystem by attracting more service providers,and creating f(x) Coin liquidity.
Deep liquidity of f(x) Coin will attract more financial service providers to enhance the stability and quality of liquidity. This will attract more service providers to the ecosystem.

Utility of f(x) Coin;


f(x) Coin is the native ‘currency’ of the Function X blockchain and ecosystem. Services rendered in the ecosystem will be transacted with the f(x) Coin. Possible scenarios include:
  • For service providers: To get paid by developers, companies and consumers for providing storage nodes, DDocker and speeding up of network connections. The role of service providers will described in other sections.

  • For consumers: To pay service fees for using DApps, nodes, network resources, storage solutions and other services within the f(x) ecosystem.

  • For developers: To pay for services and resources rendered in the ecosystem such as smart contract creation, file storage (paid to IPFS service provider), code hosting (paid to DDocker service provider), advertisements (paid to other developers) and others. To get paid by the enterprises or organizations which require the developer’s service.

  • For enterprises or organizations: To pay for service fees, developer fees and advertisements. Services provided to consumers will be charged and denominated in f(x) Coin.

  • For phone and hardware manufacturers: To pay for the Function X Operating System customization. Note: we plan to only build a few thousands of the XPhone flagship handsets and leave the rest to third-party manufacturers to build more using our operating system.

  • For financial institutions: to receive payment for financial services rendered for the ecosystem.

  • Many more future scenarios.

https://i.redd.it/r7626yle8qi21.png
Hence f(x) Coin can be used as ‘currency’ for the below services,
  • In-app purchases
  • Blockchain calls
  • Smart contract creations
  • Transaction fees
  • Advertisements
  • Hosting fees

Updated fx article:
https://medium.com/functionx/f-x-ecosystem-and-tokenomics-explained-ee026ce6815

Payment solutions;


Visa, MasterCard, Apple Pay, Samsung, American Express, BNB, LTC, XVG, NPXS, E2Pay.co.Id, Alipay, M-bayar, Go Pay, WeChat, Xpos Consortium, Ubivelox, XPOT and many more.
Distributors;
Manticora Capital, Bit Captial, Ubivelox, BlockPay and more to follow.
Blockchain;
NEM, UTrust, GGOX, Verime, Wanchain, Stella, Genaro Network. More to follow.

Why Pundi XPOS;


Pundi XPOS not only facilitates cryptocurrency payment or transactions but also accepts transactions through mobile wallets and traditional bank cards.
Our POS solution can support retail intelligence, inventory management, order management, marketing and loyalty programs. Pundi XPOS device is an all-in-one solution for retailers.
https://i.redd.it/qj6sbsfaeqi21.jpg
· Accept cryptocurrency as payment
· Intelligence clearing system to increase the value of the store properties
· Selling and buying crypto currencies
· Support BTC, ETH, NPXS, BNB, XEM, QTUM, XVG, ACT, LTC, DGD, XLM and more crypto currencies.
· Support cryptocurrency payment card, such as Pundi XPASS card.
· Support mobile payment apps, such as Alipay, Visa, Mastercard, ApplePay, E2Pay, Go-Pay, Pundi-Pundi, and WeChat Pay.
· Support cryptocurrency wallet payment, such as Qbao, X Wallet, Nem Wallet and more.
· Establish credit history and reduce financial risks
· Provide a gateway for financial service providers
· Support loyalty / membership management system
· Support promotional and NPXS reward system
· Support 3rd party delivery and logistic service providers

Additional factors;
- Instant Transactions - XPOS transactions happen instantly at less than 0.5 seconds. No delays. Just pay and go.

- Fiat Settlement without Volatility - To avoid any volatility risk, merchants will receive their settlement in fiat money.

- Work Easily With XPASS & XWallet - The XPASS card is an easy-to-use tap card for crypto beginners. Top it up with your preferred cryptocurrency and pay with ease. You can also pair your XPASS card onto the XWallet mobile app and use it with the XPOS.

- Support Multiple Cryptocurrencies - The XPOS is cryptocurrency-neutral, so you can transact with your favorite coins or tokens like BTC, ETH, BNB, NPXS, etc.

- Buy Cryptocurrency With Ease - In addition to making payment, customers can purchase cryptocurrency like Bitcoin from the XPOS with ease. The experience is as easy as buying a cup of coffee.

- Merchants get back 0.65% of the total fee for every crypto transactions.

Please see the Medium reports for more details on all developments to date: https://medium.com/@PundiXLabs

XPOS Order Form;
https://goo.gl/forms/yxSRHlK99h3xHF3N2
XPASS Card Order Form;
https://forms.monday.com/forms/088c80c8f7e4f1ba13816312097ddcd3


XWallet;


The XWallet mobile app connects regular digital asset wallets with the Pundi X payment ecosystem. It allows users to easily make payments in physical stores via the XPOS & e-commerce using our "Collect" feature of the app.

https://i.redd.it/j5kcce6vtqi21.jpg

The XWallet can also be paired with the XPASS, making it a digital payment app that can be used anytime, anywhere. To download App for Android or ISO see below and to see a built-in guide for merchants and users guide are within the actual XWallet App or here:
https://xwallet.pundix.com/

Merchants Collect Feature (e-commerce);


1. Submit an XWallet Merchant application via the app and once the application gets approved, then your “Collect” page would be marked with “Pundi X verified merchant”.
2. You can open the XWallet app, then show the QR code on “Collect” page for customers to scan and pay;
3. You can also tap “Save” on “Collect” page to download your QR code as a picture, print it out, and place it by the checkstand for customers to scan and pay. This would be a more convenient way to collect payments.
4. Collected cryptocurrency assets would go directly to the XWallet Merchant’s Virtual Card account.

My actual QR code, scan to see UI on XWallet.

This is a powerful tool for e-commerce's to upload their QR Code on websites payout section. Sending any supported currencies on the X Wallet is accepted by one single QR Code, such as the above.

XPass Cards;


You can easily manage your digital assets, check your current balance, or top-up in the XWallet. By default, each user will have a virtual XPASS card in the app. You can also pair your XWallet with your Pundi XPASS card to make payments directly from the app when needed.
If you lose the XPASS card, you can transfer all your tokens from the XPASS card to the XWallet app or to another XPASS card.

https://i.redd.it/g0fcksz3oqi21.jpg

Instant Payments Online or Offline;


Transactions via an internet-connected XWallet or XPASS can be processed immediately, while offline transactions can be made by scanning the QR code, which will later be uploaded onto the blockchain. The XWallet, in short, keeps up with your busy lifestyle.

How to top up your XWallet from other wallets;
  • Select the ‘Card’ icon and choose the virtual card.
  • Select the type of currency you want to top up.
  • Tap on the ‘Receive’ icon and choose ‘View address’.
  • Copy the top-up address or scan the QR code.
  • On your other wallet, choose the correct type of cryptocurrency and insert the XWallet top-up address to make the transfer.
(Note: The speed of transferring tokens from other wallets to the XWallet app varies, depending on their relevant blockchain network conditions. To make instant payment transaction at any XPOS merchant, we recommend users top up their XWallet account from other wallets at least 6 hours before using the app.).

XPASS Card Order;
https://forms.monday.com/forms/088c80c8f7e4f1ba13816312097ddcd3

Burning of NPXS;


A quick summary of Pundi X token’s utility on each and every transaction:
  1. A bit of it is burnt for every crypto related transaction that happens in through our XPOS.
  2. The token is used to list other tokens in our XPOS, for example, QTUM paid us a sum of NPXS to be listed later in our XPOS, and this will include future coins that will be listed in our XPOS.
  3. Loyalty programs are made & paid with NPXS.
  4. Ads that run through our XPOS are also paid in NPXS.
  5. Future products will be paid with NPXS.
  6. Claim goods and services from merchants.

The XPOS is comprised of two parts, the consumer and merchant.

The Point of Sale device (XPOS);


For the merchants;
  1. You get 1% extra as a fee. You can set it up from 0-3%, but we recommend 1% fee.
  2. You can sell crypto again with that 1% fee.
  3. You can sell the XPASS cards.
  4. The POS can setup your inventory, loyalty programs, ads, and print smart receipts.
  5. You can accept crypto, again the 1% fee.
  6. You will be one of the first to change how the world uses crypto.

For the XPASS holders;
  1. They can liquidate their crypto assets through our merchants, hassle free.
  2. They get a special discount.
  3. If you lose the XPASS black card, we are able to recover it (as long as you have the security card).

Unlocked tokens;


To better comply with ever-changing regulatory requirements, our legal team has advised the company to release the remaining unlocked tokens, starting from April 1, 2019, and to complete the program early by the end of June, 2019. Given the shortened period, we will increase the unlocked-token rate over the next three months. Please note that the total distributed amount of the tokens will remain the same as stated in the whitepaper.

You need to hold your NPXS or NPXSXEM on supported exchanges or wallets such as XWallet, Binance, Imtoken or in any ERC20 wallets that you control your private key.
Snapshots will be done on a daily basis and at random times for the next 3 months.
The unlocked tokens are calculated on your total tokens held, which are then distributed. Program schedule below;

Starts: 00:00:00 GMT+8 on March 1, 2019
Ends: 23:59:59 GMT+8 on May 31, 2019
Unlocked token rate per month: 11.063%

You need to hold the whole month to receive the full %. If you hold less days, you will receive less %.
We recommend you to use an ERC20 wallet that you control your private key, because Binance for example uses their own system, so if they do their calculations wrong, it wont be Pundi X's fault. Supported wallets and exchanges below:

Exchanges;
BinanceOkcoinkrBittrex InternationalHotbit - npxsxem tokens supportedWazirXUpbit
Wallets;
Xwallet - npxsxem tokens supportedCoinmiEthosImtokenTrust walletEnjinEidooExodus
Web Wallets;
MyEtherWalletMetaMaskMistParityGeth LedgerXwallet Web - npxsxem tokens supported
Hardware Wallets;
Ledger Nano S
Trezor

Formula;

The formula to calculate the base of your NPXS/NPXSXEM monthly holdings is the same as previous months but the rate is adjusted:
[(The average of the daily lowest NPXS amount of the month X 10%) + (the daily average NPXS amount of the month X 90%)] X 11.063%

Decentralized Staking;


This will be a new option in addition to transferring NPXS / NPXSXEM into the XWallet.
The Team is working hard to enable the private wallet option before March 10, the day of this "OPTIONAL" staking process kicking off.

We will do this by having holders “register” their own ERC20 or NEM wallet public address, in XWallet so that we can properly track the holdings of NPXS / NPXSXEM in those wallets to enable decentralized staking", allowing you to get the fx coins in the Xwallet, whilst getting your normal unlocks where you're getting them now. Nano S will be supported as well.

Case study of fees;


▪ 100% of Pundi X’s revenue that is generated through transactions on the XPOS will be removed permanently from our NPXS token circulation (and that's called token burn). This means that if Pundi X makes $1 of revenue from a transaction, they will take $1 worth of NPXS out of circulation permanently. NPXS tokens taken out of circulation will never be able to re-enter the circulation in any way as they will no longer exist.

▪ if the transaction is made in Pundi X tokens, we will take the tokens immediately out of the total supply. If the transaction is made in other tokens or fiat, we will use the proceeds to buyback NPXS, after which we will permanently remove the NPXS tokens from circulation and ensure they can never re-enter circulation.

▪ In case of a fiat to crypto transaction (including a payment with mastercard/visa) NPXS will be also burned.

▪ Case study 1: a user buys $1,000 worth of crypto from a merchant in a store using Pundi XPASS card. The total charge a user has to pay is $1,010; $1,000 for the crypto and $10 for the service fees. Of the $10 received, $6.50 is paid to the shop merchant for rendering this service. $3.50 is paid to Pundi X for providing XPOS (switch) and XPASS (Issuer) service.

Ecosystem;



https://i.redd.it/0ay0t1a4eqi21.png

Contact Us;

Please also read the white paper which can be found on the official webpage: https://pundix.com/
A detailed simple guide for Pundi X in Spanish language;
https://www.reddit.com/PundiX/comments/a7gdt4/a_detailed_simple_guide_for_pundi_x_in_spanish/

Twitter: https://twitter.com/PundiXLabs
Telegram: https://t.me/Pundix
Facebook: https://www.facebook.com/pundixlabs/?_rdc=1&_rdr
LinkedIn: https://www.linkedin.com/company/pundipundi/


Thanks.
submitted by Superbit123 to PundiX [link] [comments]

The Real Fact About "The OOOBTC EXCHANGE"

The Real Fact About

https://preview.redd.it/mw85k2n8ps031.png?width=279&format=png&auto=webp&s=30895d1cd46a57fdff329f661cd12f54972a184f
About OOOBTC
OOOBTC could be an entryway and exchange platform for cryptocurrencies and Crypto-ecosystem placed in Singapore. OOOBTC provides heterogenous system functions like spot commerce, derivative instrument commerce, over-the-counter commerce, whole-network commerce, and decentralized commerce. Moreover, it satisfies the requirements of various investors. Our commerce system features a strong security mechanism and reliable underlying design, that provides investors with a dependable commerce expertise. Besides, the distinctive online commerce model of the ooobtc platform would with efficiency match the market depth of major exchanges around the world whereas providing even higher liquidity. looking forward to the total network commerce system, we tend to believe the ooobtc platform can become the biggest liquidity supplier of digital assets within the world.
SAFETY
We have been taking multifariously careful measures like cold storage system, 2-factor authentication and secret writing technology to cipher your personal account data, that permits you to possess assured protection of your fund. Security is that the most vital side of business follows. this is often why we tend to integrate similar good technologies to supply our purchasers with the very best guarantee of security accessible on the market. Currently, our distinctive options include:
a) Pool commerce – we tend to are capable of getting high commerce volumes and generating substantial profits in today’s exchange because of our integration with alternative finance homes and major commerce forces.
b) High-Performance Support -- OOOBTC commerce system adopts self-developed, superior core matching engine technology and leverages distributed computing technologies like Google wrench and BigTable. Thus, it will support huge synchronic computation and build the order process speed to reach 1,000,000 transactions per second.
c) Community commerce – we tend to are capable of providing users with a platform to that they'll transfer their good contracts so as to participate in a vigorous good contract community for trades, business, services, and exaggerated visibility.
d) Coin Suggestions – New and existing cryptocurrencies is submitted for thought by our community users via our web site. If we tend to see a digital quality obtaining a substantial quantity of support from its community, we are going to perform the due diligence and build a choice to list this quality.
OOOBTC order AND open-end credit SYSTEM
Exchanging crypto to order or exchanging order to crypto is one in every of the most important downside moon-faced by several cryptocurrencies and exchange, newbies notice it therefore laborious to key into cryptocurrencies, or trade cryptos on the exchange because of lack of changing them back to order or order to cryptos. OOOBTC exchange aims to stay things terribly straightforward and quick for beginner users trying to turn over into the cryptocurrency area. even though you've got ne'er detected of Bitcoin or Ethereum before, OOOBTC will an awfully smart job at making a hospitable and informative page that invitations users to explore this new endeavor.
https://preview.redd.it/b6tck1y2ms031.png?width=601&format=png&auto=webp&s=cca4a425a8b7636b1426f08d112e1f929fd674e5
With the debit/credit card implementation, one will simply withdraw and deposit order to get cryptos employing a straightforward step via Mastercard, verve, visa or the other acceptable card. additionally with the recent development and partnership with some order payment suppliers. we are going to embody order commerce against cryptos.
Example; USD/BTC EUOBX CAD/ETH AUD/LTC we tend to believe that this may facilitate solve the matter moon-faced by several cryptocurrency exchanges, OOOBTC aims to alter fast and convenient cryptocurrency defrayal, anyplace within the world, with none special restrictions or waiting time”.
PROFESSIONALISM
supported the precise and secure technology, our terminal is ready to supply reliable and quality services that confirm you're ready to trade any of ooobtc currency pairs free from all the troubles
OBX DIVIDENDS SYSTEM
OBX Token is associate degree ERC twenty customary token and once persevered the exchange can get pleasure from dividends shared from the whole platform revenues. the number of Obx bonus is calculated supported the number of quality control at 00:00 on a day to day and also the commerce fee of ooobtc at this hour that is generally distributed at 02:00 universal time (UTC + 8) each day. sometimes all users get their bonus inside twenty-four hours. The bonus is paid on to users account while not the requirement of manual assortment. you wish to carry a minimum of one thousand OBX to get the bonus and keep them for over twenty-four hours. we are going to build a unified payment to users for OBX bonus, please rest assured and anticipate the bonus attain your ooobtc account. The daily dividend received by the users isn't a set range, the additional OBX you hold the additional profits you may receive
The OOOBTC Dividends and bonus system ar in six (6) section
i. Dividends in line with the whole value of all the currencies control in your OOOBTC exchange pocketbook.
ii. Holders of OBX Token can get daily dividend paid in OBX Token and this is often supported the whole range of OBX one is holding.
iii. 3. suggest a lover to get and hold OBX Token and you may get daily dividends paid as recommendation reward.
iv. 4. Register new users and acquire OBX Token paid as referral commission.
v. 5. Win OBX Token by enjoying games through the OOOBTC Game Center.
vi. 6. Earn dividends as our market maker, by commerce OBX Token daily on OOOBTC exchange you may earn dividends generated from our commerce fee.
The OBX commerce dividends calculation
OOOBTC we are going to use twenty - five hundredth of all commerce fees earned by ooobtc to shop for OBX from the market then distribute to users base on the OBX Bonus Program. moreover, all ooobtc Bonus moving forward are given to users in OBX rather than alternative cryptocurrencies listed on the exchange. we tend to believe this may modify our OBX Bonus system and match higher with our user's expectations.
Note: you'll visit; https://www.ooobtc.com/assets/whitepapeobx.pdf to examine however a straightforward example within which additional elaborate the bonus system as sited within the written report.
OOOBTC play PLATFORM
Gamers are arguably a good target market for blockchain applications like cryptocurrencies as they're wont to online payments and coping with virtual currencies that exist inside a digital scheme. Blockchain has provided the chance for the play trade one thing it absolutely was lacking for a protracted time - stability. Considering every few weeks a scandal concerning knowledge leaks takes form, this is often a long-awaited amendment that is especially necessary for the web indulgent and plays trade.
Finding an honest place to play your favorite games like casino, Poker, throw dick, Pet Box, Dice, Blackjack, Roulette, Lottery, Poker, Plinko and Slot games online might encourage be a true challenge, even for those players UN agency pay a great deal of your time researching and reading trustworthy reviews. though you'll truly notice an outsized range of really reliable and honest online casinos, it's not rare for somebody to open a casino web site with the intent to quickly reach the money. Luckily, that’s not the case with the ooobtc play platform, as a result of it's one in every of the foremost reliable places wherever you'll play some standard games safe and secure, victimisation cryptocurrencies solely and also the strength of it's that one will play these games without charge and win OBX Token while not losing cash, supported the concept of safe and accountable play,
ooobtc play platform is giving safe and fun setting wherever you'll play standard games, by commerce with a daily personal volume of zero.005 you may be given a chance draw and be a part of the ooobtc games and win OBX Token.
The Dice Game
Another nice game is named Dice, a crypto dice game. Here your task is to predict whether or not variety the dice can roll is higher or below a precise digit from the vary from zero.000 to 99.999. this is often not a classic dice game, however, it still offers you a prospect to use completely different systems as Martingale or D’Alembert to predict the ultimate outcome.
The Blackjack Game
Blackjack could be a classic card wherever your goal is to possess solely a pair of cards with a total that equals twenty-one. Also, you may win if the dealer features a lower score or an equivalent with additional cards. ooobtc play offers the essential variant of this standard game, therefore you won’t have any difficulties to start out enjoying it now
Daily OBX commerce volume over zero.005 BTC you'll have one chance to draw a lottery or the other games and win OBX Token, The zero commerce fees, and competition each runs daily from 12PM. UTC+8 on to 13PM. UTC+8 (1 hour only), OOOBTC reserves the proper to cancel or amend the competition or competition rules at their sole discretion, Invite five new friends to register associate degree account with success daily, you'll get another likelihood to draw the lucky wheel daily, All trades that we tend to consider to be “wash trades” won't count towards your total commerce volume for this competition, OOOBTC reserves the proper of ultimate interpretation of the activity and point for the awards; Please collect your award weekly or it's considered abandonment.
Charity Foundation
OOOBTC Charity Foundation (OCF) could be a non-profit organization dedicated to the advancement of blockchain-enabled financial aid towards achieving world property development. OCF aims to rework financial aid by developing the world’s 1st decentralized charity foundation to create a future wherever blockchain technology is wont to finish all kinds of financial condition and difference, advance property development and make sure that nobody is left behind, OOOBTC can present 100 percent of it revenge to OCF. one in every one of the key edges provided by blockchain technology is transparency, that is additionally one in every of the best challenges moon-faced by charities these days. “Donors don’t have the visibility on wherever their funds are going, and most donations don't reach their supposed beneficiaries. This lack of transparency causes a scarcity of trust, additional reducing the temperament for individuals to present to charity funds generally, we are going to partner with charity organization around the world and reach resolute those that desire support for care, education, water, shelter, and excellent care.
What we tend to do:
 Incubate entrepreneurs and comes to build direct investments
 Collaborate with alternative trade partner and participate as a platter
 We provide charity event like care services, youngsters education,
We support entrepreneurs in:
a) Funding
b) Go-to-market strategy c) Token Models & Distributions
d) Technical Review
e) Listing recommendation
f) Talent Recruiting
g) Digital promoting
h) Blockchain development
Conclusion
Blockchain Technology is dynamical the planet to a decentralized world associate degreed there's a desire to change an innovative and secure platform wherever users around the world will safety and simply exchange their assets, each day cryptocurrencies are gaining additional legitimacy and also the range of corporations that are acceptive cryptocurrencies keep increasing, we tend to at OOObtc believes in decentralization and giving power to the community members, we tend to additionally believe community building and partnership.
https://preview.redd.it/aas9zpd9hs031.jpg?width=571&format=pjpg&auto=webp&s=45fb505d45a306289ff42751c317ce7c20c276a5
For more information you can follow the link below: Website : https://www.ooobtc.com
Whitepaper: https://www.ooobtc.com/assets/whitepapeobx.pdf
Telegram: https://t.me/ooobtcExchangeNews
Twitter: https://twitter.com/ooobtcExchange
Facebook: https://www.facebook.com/ooobtcExchangeNews/
Reddit : https://www.reddit.com/OOOBTC
Linkedin: https://www.linkedin.com/company/ooobtc-exchange
Youtube: https://www.youtube.com/channel/UCMvzgkNLsuCNl8LNoub2hjA

Author ; cryptounique
Bitcointalk Profile URL:https://bitcointalk.org/index.php?action=profile;u=2524596
Eth wallet : 0x00a9b763ff87ae5e9c6312779456144a06f6200f
submitted by 1loveone to OOOBTC [link] [comments]

Why do I need Bitpay to process transactions through my online store? Couldn't I have a stand-alone plug-in that integrates my address into the checkout process?

It seems to me that bitcoin has a remarkable payment processor built-in, so why do I need to use a payment processing company who takes a cut? I use Shopify, if it matters. Thanks for any clarification.
submitted by genpub to Bitcoin [link] [comments]

Change input has to wait 10 blocks (~20 min.) to be reused. What can we do about it?

This post is based on previous discussions (here, here and here).
Inputs in a cryptocurrency wallet are like physical coins in a real life wallet. Each time you spend a input, you must spend all of it. And for each transaction your wallet creates, if your input is larger than your payment, your wallet will add an extra output that will receive your change (a change output). And each change output will be used as an input on future transactions.
In Bitcoin, if your wallet has a single input and you use it to create a transaction, you can immediately create a second transaction using the change output as a new input. You don't have to wait for the first transaction to be confirmed.
In Monero, if your wallet has a single input and you use it to create a transaction, you CAN'T immediately create a second transaction using the change output as a new input. For privacy reasons, the change output is locked for 10 blocks (~20 min.), as chained transactions would clearly reveal the real output being spent.
So Monero wallets have actually three balances:
This characteristic can be a source of problems in some situations:
To avoid this bad user experience in future, wallets should have multiple small inputs available. Is there anything that we can do to improve this? I have some suggestions:
  1. Wallets could detect if there are too few inputs available and if one of them is large enough to be splitted. In this case, the wallet could ask the user if he wants to split his input(s), by creating a single transaction sending money to multiple, new smaller inputs in his own wallet.
  2. Wallets could display a warning each transaction: "You have X transactions (X XMR) remaining. You only will be able to do another transaction in X minutes"
submitted by oufouf08304 to Monero [link] [comments]

Beware of this kind of scam

Yesterday I got a call from a person who seemed to be quite sophisticated. He told me that he belonged to a mining company and needs to sell 10+ BTC on a daily basis. He gave me a very good rate (~10% less than the market price) plus a bonus if I dealt on a regular basis. Then he told me that he can save escrow fees by using blockchain.info wallet and insisted in trading using that system else he wont trade. Since, I hadn't used blockchain.info wallet, I didn't know this feature existed there :/ He began explaining me how it works. Here it goes - First I'll have to create a wallet there. Then I would have to send him the wallet id and password. Then he'll send bitcoins to the wallet which is protected by an "escrow key". Thereafter, I can change the password of my blockchain.info account to make sure he cannot open my wallet anymore. I smelled something very very fishy still gave the man the benefit of doubt as I hadn't used blockchain.info wallet and told him to show me a demo by doing a transaction of $1 worth bitcoins. He agreed and I gave him the credentials of a demo account. Then he told me to confirm an email authorizing login from an unknown browser. I did it as it was a demo account and a demo email id too. Soon he told me to login to my wallet and click on send. I could see a "watch-only" address with balance of 0.002 BTC and needed a private key to send funds from that wallet. He told me that I already had the bitcoins in my wallet and needed that private key or "escrow key" which he would tell after I had sent him money. I was astonished to how dumb this scam is. But realised that many don't know what a private key is and can easily fall to this scam. Always remember that "not your keys, not your funds".
submitted by deval_khandelwal to Bitcoin [link] [comments]

A tour of the Gridcoin wallet

Hey guys, I thought I would put together an in-depth tour of the Gridcoin wallet software for all of our recent newcomers. Here I'll be outlining all the features and functions the windows GUI wallet has to offer, along with some basic RPC command usage. I'll be using the windows wallet as an example, but both linux and macOS should be rather similar. I'll be including as many pictures as I can as embedded hyperlinks.
Edit: Note that since I originally made this there has been a UI update, so your client will be different colors but all the button locations are in the same place.
This is my first post like this, so please forgive me if this appears a little scatter-brained.
This will not cover the mining setup process for pool or solo miners.
When you launch the wallet software for the first time you should be greeted with this screen.

OVERVIEW TAB

After that prompt, you should be left sitting on the main overview tab with several fields on it.
From top to bottom:

SEND TAB

Now onto the other tabs on the left side. Currently we're on the Overview tab, lets move down to the Send tab. This tab it pretty self-explanatory, you use it if you want to send coins, but I'll go over the fields here:
  • Pay To: Enter a valid gridcoin address to send coins too. Gridcoin addresses always start with an S or and R.
  • Label: Enter a label here and it will put that address in your "address book" under that label for later use. You can leave it blank if you don't want it in your address book.
  • Message: Enter a message here if you want it attached to your transaction.
  • Amount: How many coins you want to send.
  • Add Attachment: Leave this alone, it is broken.
  • Track Coins: This doesn't do anything.

RECEIVE TAB

Now down to the Receive tab. Here you should have a single address listed. If you double click on the label field, you can edit it's label.
  • New: Generate a new address.
If you click on an address, the rest of the options should be clickable.
  • Copy: Copy the selected address to your clipboard.
  • Show QR Code: Show a scan-able QR code for the selected address.
  • Sign Message: Cryptographically sign a message using the selected address.

TRANSACTIONS TAB

The Transactions tab is pretty boring considering we have no transactions yet. But as you can see there are some sorting tools at the top for when you do have transactions listed.

ADDRESS BOOK TAB

The Address Book is where all the addresses you've labeled (that aren't yours) will show up.
  • Verify Message: Verifies a message was signed by the selected address.
The rest of the functions are similar to the functions on the Receive tab.

VOTING TAB

Onto the Voting tab. There wont be any polls because we aren't in sync yet.
  • Reload Polls: Pretty self-explanatory, I've never had to use this.
  • Load History: By default, the wallet will only display active polls. If you want to view past polls you can use this.
  • Create Poll: You can create a network-wide poll. You must have 100,000 coins as a requirement to make a poll. (Creating a poll does not consume the coins)
Here's what the Voting tab will look like once you're in sync

CONTEXT BAR

Now onto the context bar menus on the top.
Under File you have:
  • Backup Wallet/Config: This lets you backup your wallet configuration file just in case.
  • Export: You can export your Transactions tab or Address Book in CSV format.
  • Sign message: Does the same thing as on the Receive tab.
  • Verify message: Does the same thing as on the Address Book tab.
  • Exit: Close the wallet.
Under Settings you have:
  • Encrypt Wallet: Encrypts your wallet with a password. (we'll come back to this)
  • Change Passphrase: Allows you to change your encryption password.
  • Options: Opens the options menu. (We'll come back to this)
Under Community you have:
Under Advanced you have:
  • Advanced Configuration: Opens the Advanced Configuration menu. (Not so advanced if you ask me)
  • Neural Network: Allows you to view solo miners project statistics. It will be largely blank if you're not in sync yet.
  • FAQ: Don't touch this, It is broken.
  • Foundation: Don't touch this, It is broken.
  • Rebuild Block Chain: Starts the client syncing from 0. Don't worry, using this will not make you lose coins.
  • Download Blocks: Downloads the latest official snapshot, can help speed up syncing. The download progress tends to sit at 99.99% for a long time, don't worry, it's working.
Under Help you have:
  • Debug window: Opens the debug window. (We'll come back to this)
  • Diagnostics: Don't touch this, it is broken. This has since been fixed. You can use this to see if there is anything wrong with your setup.
  • About Gridcoin: Opens the About Dialog. This gives you your client version and other information.

OPTIONS

Now back to the options menu under Settings > Options.
Here we have the options menu main tab:
  • Pay transaction fee: The transaction fee that will be automatically paid when you make a transaction.
  • Reserve: You can reserve an amount so that it will always be available for spending.
  • Start Gridcoin on system login: Pretty self-explanatory
  • Detach databases at shutdown: Speeds up shutdown, but causes your blockchain file to no longer be portable.
On the Network tab:
  • Map port using UPnP: Attempts to connect to nodes through UPnP.
  • Connect through SOCKS proxy: Allows you to connect through a proxy.
The window tab is pretty self-explanatory.
The Display tab is also pretty self-explanatory, with the exception of:
  • Display coin control features (experts only!): This allows you to have a great deal of control over the coins in your wallet, check this for now and I'll explain how to use it further down. Don't forget to click "Apply".

ENCRYPTING YOUR WALLET

Now that all of that is out of the way. The first thing you'll want to do is encrypt your wallet. This prevents anybody with access to your computer from sending coins. This is something I would recommend everyone do.
Go to Settings > Encrypt Wallet and create a password. YOU CANNOT RECOVER YOUR COINS IF YOU FORGET YOUR PASSWORD.
Your wallet will close and you will have to start it up again. This time when it opens up, you should have a new button in the bottom left. Now if you want to stake you will have to unlock your wallet. Notice the "For staking only" box that is checked by default. If you want to send a beacon for solo mining or vote, you will need to uncheck this box.

GETTING IN SYNC AND ICONS

Before we continue, Let's wait until we're in sync. Depending on your internet speeds, this could take from several hours to over a day or 2. This can be sped up by using Advanced > Download Blocks, but this can still take several hours.
This is what an in-sync client should look like. Notice the green check to the right of the Receive tab. All of these icons give you information when you hover your mouse over them.
The lock
The arrow tells you if you're staking. If you aren't staking, it will tell you why you're not staking. If you are staking it will give you an estimated staking time. Staking is a very random process and this is only an estimate, not a countdown.
The connection bars tell you how many connections to the network you have.
The check tells you if you're in sync.

WHAT IS STAKING?

Now I've said "stake" about a million times so far and haven't explained it. Gridcoin is a Proof of Stake (PoS) coin.
Unlike bitcoins Proof of Work (PoW), PoS uses little system resources, so you can use those resources for scientific work. PoS works by users "Staking" with their balance. The higher the balance, the higher the chance to create, or "stake" a block. This means you need to have a positive balance in order to stake. Theoretically, you can stake with any amount over 0.0125 coins, but in practice it's recommended to have at least 2000 coins to reliably stake.
Staking is important for solo miners, because they get paid when they stake. Pool miners don't need to stake in order to get paid however. So if you want to solo mine, you'll need to buy some coins from an exchange or start in the pool first and move to solo when you have enough coins.
In addition to Research Rewards for miners, anyone who holds coins (solo miners, pool miners, and investors) gets 1.5% interest annually on top of your coins. So it can be beneficial for pool miners to stake as well.
Here is a snippet of what a research rewards transaction looks like from my personal wallet. I have a label on that address of "Payout address" as you can see here.

UTXOS AND COIN CONTROL

At this point you'll need some coins. You can use one of our faucets like this one or this one to test coin control out.
First let me explain what a UTXO is. UTXO stands for Unspent Transaction Output. Say you have an address with 0 coins in it, and someone sends you 10 coins like I've done here. Those 10 coins are added to that address in the form of a UTXO, so we have an address with one 10 coin UTXO in it.
Now we receive another 5 coins at the same address, like so. Now we have an address with one 10 coin UTXO and one 5 coin UTXO. But how do we view how our addresses are split up into different UTXOs?
Earlier we checked the "Display coin control features" box in Settings > Options > Display. Once that's checked you'll notice there's another section in the Send tab labeled "Coin Control Features". If you click the "Inputs" button, you'll get a new window. And look, there's our 2 UTXOs.
All UTXOs try to stake separately from each other, and remember that the chance a UTXO has to stake is proportional to it's size. So in this situation, my 10 coin UTXO has twice the chance to stake as my 5 coin UTXO. Now wallets, especially ones that make a lot of transactions, can get very fragmented over time. I've fragmented my wallet a little so I can show you what I'm talking about.
How do we clean this up? We can consolidate all this into one UTXO by checking all the boxes on the left and selecting OK.
Now pay attention to the fields on the top:
  • Quantity: The total amount of UTXOs we have selected.
  • Amount: The total amount of coins we have selected.
  • Fee: How much it would cost in fees to send all those UTXOs (more UTXOs = more transaction data = more fees)
  • After Fee: Amount - Fees.
  • Bytes: How large the transaction is in bytes.
  • Priority: How your client would prioritize making a transaction with this specific set of UTXOs selected had you not used coin control.
  • Low Output: If your transaction is less than 0.01 coins (I think).
  • Change: What you will get back in change.
  • custom change address: You can set the address you get your change back at, by default it will generate a new address.
So let's fill out our transaction so we end up with 1 UTXO at the end.
In "Pay To:" Just put any address in your wallet, and for the amount put what it has listed in the "After Fee" Field. Just like this.
Notice how we get no change back.
Now click "Send", we'll be prompted to enter our passphrase and we're asked if we want to pay the fee, go ahead and click "Yes".
Now if we go back to the Overview tab we get this funky icon. If you hover your mouse over it, it says "Payment to yourself", and the -0.0002 GRC is the network transaction fee.
(Ignore the first one, that was me fragmenting my wallet)
Now if we look at the Coin Control menu, we can see that we've slimmed our wallet down from 7 UTXOs to 1.
Now why would you want to use coin control?
2 Situations:
  1. UTXOs less than 0.0125 coins cannot stake. So you can combine a lot of tiny, useless UTXOs into 1 bigger one that can stake.
  2. After a UTXO stakes, it cannot stake for another 16 hours. So if you have 1 large UTXO that is big enough to stake more than once every 16 hours, you can split it into smaller UTXOs which can allow you to stake slightly more often.
  3. By default, the wallet will always generate a new address for change, which can make your wallet get very messy if you're sending lots of transactions. Keep in mind that more UTXOs = larger transactions = more fees.
Sidenote - When you stake, you will earn all research rewards owed reguardless of which UTXO staked. However, you'll earn the 1.5% interest for that UTXO. Not your whole wallet.

FORKING

A fork is when the network splits into multiple chains, with part of the network on each chain. A fork can happen when 2 blocks are staked by different clients at the same time or very close to the same time, or when your client rejects a block that should have been accepted due to a bug in the code or through some other unique circumstance.
How do I know if I'm on a fork?
Generally you can spot a fork by looking at the difficulty on your Overview tab. With current network conditions, if your difficulty is below 0.1, then you're probably on a fork.
You can confirm this by comparing your blockhash with someone elses, like a block explorer.
Go to [Help > Debug Window > Console]. This is the RPC console, we can use to do a lot of things. You can type help to get a list of commands, and you can type help [command you need help with] (without the brackets) to get information on a command. We'll be using the getblockhash [block number] command.
Type getblockhash [block number] in the console, but replace [block number] with the number listed next to the "Blocks:" field on the Overview tab.
This will spit out a crazy string of characters, this is the "blockhash" of that block.
Now head over to your favorite block explorer, I'll be using gridcoinstats. Find the block that you have the hash for, use the search bar or just find it in the list of blocks.
Now compare your hash with the one gridcoinstats gives you. Does it match?
If it matches, then you're probably good to go. If it matches but you still think you're on a fork, then you can try other block explorers, such as gridcoin.network or neuralminer.io.
If it doesn't match, then you need to try to get off that fork.
How do I get off a fork?
  1. Just wait for an hour or two. 95% of the time your client is able to recover itself from a fork given a little time.
  2. Restart the client, wait a few minutes to see if it fixes itself. If it doesn't restart again and wait. Repeat about 4 or 5 times.
  3. Find where the fork started. Using the getblockhash command, go back some blocks and compare hashes with that on a block explorer so you can narrow down what the last block you and the block explorer had in common. Then use reorganize [the last block hash you had in common]. Note that reorganize takes a blockhash, not a block number.
  4. Use Advanced > Download Blocks.
  5. If none of this works, you can take a look at social media (reddit/steemit) and see what other people are saying.

CONFIGURATION FILE

Your configuration file depends on your operation system:
  • On Windows: %appdata%\GridcoinResearch\
  • On Linux: ~/.GridcoinResearch/
  • On MacOS: /Users/USERNAME/Library/Application/Support/GridcoinResearch/
And it should look like this.
If you open up your gridcoinresearch.conf, you'll see the default one it generated. Note that if you entered your email earlier, the first line will have your email on it instead of "investor". If you decided you want to solo mine but didn't enter your email when you first started the wallet, go ahead and put your email on the first line in place of "investor". If you're a pool miner, just leave it as "investor".
Next, it's recommended that you use the addnodes on the gridcoin wiki. So our gridcoinresearch.conf will look like this.
A useful line for solo miners is PrimaryCPID=[YOUR CPID]. Sometimes your wallet can pick up on the wrong CPID so it's good to have that in there if you're solo mining.

RUNNING A LISTENING NODE

A listening node is a node that listens for blocks and transactions broadcasted from nodes and forwards them on to other nodes. For example, during the syncing process when you're getting your node running for the first time, you're downloading all the blocks from listening nodes. So running a listening node helps support the network.
Running a gridcoin listening node is simple. All you need to do is add listen=1 to your gridcoinresearch.conf and you need to forward port 32749 on your router.
If you don't know how to port forward, I'd suggest googling "How to port forward [your router manufacturer]".

QUICK LINKS

Gridcoin.us Official Website
Gridcoin.science Unofficial Website
Gridcoinstats.eu Block Explorer
NeuralMiner.io Block Explorer
Gridcoinstats.eu Faucet
Gridcoin.ch Faucet
Gridcoin Wiki
Gridcoin Github
GRCPool
Arikado Pool
And that's all I have for now!
I plan to keep this post up-to-date with changes in the client. So if anyone has any suggestions, have clarifications they want made, or maybe I got something wrong, then please feel free to leave a comment below or PM me!
submitted by Personthingman2 to gridcoin [link] [comments]

ICONOMI November 2017 Reddit AMA

Welcome to ICONOMI November 2017 Reddit AMA.
Please submit your questions in this thread and upvote/downvote other questions. The thread will be unlocked until Thursday, November 16, 2017 at 5PM CEST. We’ll start answering your questions on Friday, November 17, 2017 at 5PM sharp. As usual, we will be answering the top 20 most upvoted questions.
Also, please check whether your question has already been answered in one of our previous AMAs:
And please check the links on the right before submitting your post.
Feel free to submit your questions to this thread and upvote/downvote other users’ questions!
 
Thank you all for your questions! Here is a summary of our November AMA:
 
Q: Are we on track to release public DAA and announce the usage of ICN token in December?
If yes, do we have some pre plans to execute the announcement through a conference or live hangout?
A:Hello sparakh17. The platform will not go from 0 to 1. Instead, the rollout of new features will be performed gradually to ensure the highest possible standards you've come to expect of ICONOMI and a spotless user experience. This is a practice we have used in the past, and it has proven to work best in the long run. It takes just one bad experience to turn people away. We are in constant communication with DAA managers and are committed to adding new DAA managers continuously. With intensive two-way communication, we are able to pinpoint the most important parts of the experience and usability in real time, tweaking development and improving the experience for all the new users and managers who join the platform. We chose the first twelve DAA managers for a reason—together we are making the platform a highly dedicated tool tailored to the needs of its users.
The same process will be used for the introduction of the fiat ramp-up, the ability for DAA managers to set DAA structure themselves, and all other features that change the behavior of the platform and therefore must undergo meticulous testing, both in-house and in cooperation with DAA managers. Using this very same process before opening the platform completely on August 1 enabled us to launch without bugs. We favor this process to ensure quality and roll out gradually, so it is very hard to specify an exact date of “the” launch. Anyone can apply to be a DAA manager even now, but the acceptance criteria lower as the platform becomes more and more robust, feature-rich, and automated. However, DAA managers will be added continuously, and everyone is welcome to apply.
Q: Once the platform has been released, and marketing is in full swing, will you be able to add more in-depth KPIs to your shareholder's report, and what ones would you look to add?
Critical statistics for investors to know are;
- Average deposit per user
- Average time spent on the platform per user
- % number of users depositing more than once
- Total recurring visits per user, per calendar month
I am not asking for these stats to be released anytime soon, but the introduction of these KPIs will help us better understand the value proposition that we're involved in.
A: Hello owenoneilluk. You’re right; these are critical statistics. We will be tracking all of these KPIs. Some will be included in our reporting and be accessible via an API, but we have not yet confirmed the complete list. All the data, however, will be available to DAA managers.
Q: When can we expect an independent third-party audit?
A: Hello WorldsMostDad. We are currently in talks with Big Four audit firms. We expect the audit to take place in 2018. As part of our commitment to transparency, we will be the first blockchain project undergoing third-party auditing at an institutional level. The audit will confirm the accuracy of our financial communications, such as the data released in our quarterly financial reports. This kind of transparency will be key to bringing institutional investors onto the platform.
Q: When the FIAT gateway apears on ICONOMI will the ICONOMI Debit card apear at the same time or with delay? If delayed, what kind of delay are we talking about?
A: Hello investmox. The fiat ramp-up and the debit card are two separate features, both of which will be released over several phases. First, fiat will be added as an option in DAA structures. This will enable managers to temporarily move into fiat during periods of high volatility. The next step will be enabling fiat deposits for large transfers over a certain amount, which will allow us to bring bigger investors onto the platform. Later, the fiat gateway minimum amount will be removed. The debit card infrastructure will be developed in parallel and is likely to be released soon after the fiat ramp-up because it takes more time to develop, implement, and test.
Q: Hello Iconomi team! Platform looks better and better with every update!
My question is simple:
Can you share the total AUM of BLX and the other 12 DAAs combined (please separately from BLX), and the number of registered users at the time of answering this question?
A: Hello Daparski. In the future, users will be able to track the AUM for each DAA directly on the platform. For now, the current AUM for BLX is $8,495,546.39, and the AUM for the other DAAs combined is $2,721,384.90.
There are 33,253 registered users on the platform at this time.
Q: In a previous AMA, it was stated that ICONOMI was working on an assurance to cover potentially lost of assets. Can you elaborate on the current status regarding the insurance of ICONOMI's assets, and what type of losses are covered (i.e. server hack, protocol bug, software bug, etc.)?
Keep up the good work!
A: Hello zuiderwijk. We will release details about the scope of our insurance policies once the deal has been finalized.
Q: What steps have been taken to solve the issue regarding the parity vulnerability and minimizing the risk of similar events occuring in the future?
A: Hello CorradoJunior. We are closely monitoring the situation. The Parity team is working on a solution, and the frozen funds could be unlocked with the next planned Ethereum hard fork. We will continue to update the community when we receive any new information. We want to emphasize that all of our users’ digital assets are safe and that the functioning of the platform remains unaffected.
Security procedures must be constantly reevaluated and improved, especially in the blockchain environment. We are implementing an overall security program to address these new challenges.
Q: Currently 20% of realized profits from CCP are being used for buybacks. However, most of the CCP assets are being held in Ether which won't count towards buybacks; and also it's previously been communicated that the profits will be calculated against the currency they were purchased with. This means that even if an investment doubles in USD, there could be 0 realized profits if the eth or btc pair it was purchased against also doubled.
CCP has increased tremendously in value, by tens of millions of dollars, yet we've only had roughly 200k icn burned. If we could add a 3% management fee on top of CCP at the current cap of 50m, this would mean at least $100,000 worth of ICN burned per month at current levels.
Will there be any consideration to charge a management fee on CCP?
A: Hello stephen2512, and thank you for your interesting proposal. We will take it into consideration, but we currently have no plans to change the fee structure for CCP. Charging a 3 percent management fee on CCP may have some benefits, but it would impose significant added costs for ICONOMI that would outweigh the benefits at this time.
Q: Do you work towards partnership with well-known investment funds?
A: Hello Bumerang007. Details about any future partnerships will be released when they are publicly announced.
Q: There has been ongoing communication from Jani8x and the team that Iconomi will "always keep enough assets in fiat for at least 2 years of runway. In that case operation will never be jeopardized no matter what" (https://www.reddit.com/ICONOMI/comments/697cbiconomi_ama_may_2017/dh548ay/).
 
Today in the Q3 Report we learned that Iconomi has $2,542,531 plus $577,700 (Total of $3,120231) in fiat and that the team has spent $742,314 in salaries, rent, etc this quarter.
 
If the team were to stop giving raises, stop hiring new people, and cross their fingers that rent wouldn't go up at their building, then that would make the operating costs *$5,938,512 over the next two years* ($742,314 * 8).
 
On the Iconomi website, however, they are hiring for three new positions (https://www.iconomi.net/jobs), and since the team has been growing by 15%+ each quarter, it's reasonable to assume continued growth around this rate.
 
Cost of Operations per the last 3 AMAs:
2017 - Q1 - $562,542
2017 - Q2 - $646,912
2017 - Q3 - $742,314
 
Projected Cost of Operations (assuming the same 15% growth that has been demonstrated each quarter this year continues):  
2017 - Q4 - $853,661
2018 - Q1 - $981,710
2018 - Q2 - $1,128,966
2018 - Q3 - $1,298,311
2018 - Q4 - $1,493,058
2019 - Q1 - $1,717,017
2019 - Q2 - $1,974,569
2019 - Q3 - $2,270,755
 
To maintain the 2 year fiat runway Iconomi needs between: $5,938,512 and $11,718,047 BUT per the q3 report the team only has $3,120231 on hand in fiat. This means the team actually has enough cash on hand for about 3-4 quarters and not 2 years.
 
In light of recent events such as the Parity Multi Sig exploit, it would seem as imperative as ever that the team keep this 2 years of FIAT as a buffer as has been previously communicated. Since the team does not seem to be keeping these holdings per the Q3 report;   Why are important deviations from AMAs (such as changing FIAT holdings and moving funds Back into parity multi sig wallets) not being communicated to the community?
A: Hello stephen2512. Thank you for your detailed analysis. It is important to understand that team size does not grow linearly, so a growth rate of 15 percent every quarter is very unlikely. It is also necessary to take potential revenue into account when making projections of this kind. Our fiat holdings are not fixed: we monitor the level of our holdings closely and adjust it based on our expectations of what will happen in the crypto market.
Q: As I understand, Iconomi has a positive cashflow after a year of existence. Please elaborate on a Cost-to-Income Ratio (CIR): I would like to understand the main drivers of numerator and denumerator, what are your CIR predictions for 2018/2019, and what does Iconomi plan to do with company profits?
A: Hello drediedas. Operating costs are mainly salaries, rent, legal costs, travel, and other administrative and fixed costs, while operating income is comprised of fees generated by the platform.
ICONOMI is a very dynamic project. It is impossible to imagine all the changes the fast-moving blockchain environment will go through over the next two years, and regulatory changes may impose new costs. Because of these factors, it is difficult to make useful long-term CIR predictions.
Q: Are you actively pursuing partnership opportunities with traditional financial institutions (outside of blockchain.one). (E.g. If Iconomi could be the preferred partner of Fidelity for cryptocurrency investors; that would be exceptional)
A: Hello vertigo2130. Yes, we are constantly working with traditional financial institutions to form new partnerships and to get feedback. However, as mentioned in our response to Bumerang007’s question, we cannot talk about specific potential partnerships until they have been confirmed and publicly announced.
Q: When it comes to voting, it seems like the corporate standard is usually just to vote on the executive team. I know the details for this are still being worked out, but can some clarification be given at least to if we would just be voting for the executive team we want or if the only option will be, vote for the whole ICN team or vote for another whole company to manage it. It seems like if we’re forced to choose between entire companies then the fix is in because most people would never want to risk that. It would make more sense to vote only for the executive team.
When the vote comes after the 2 year mark, will the vote be just for members of the executive team, or will we be forced to vote on the entire company as a whole?
A: Hello stephen2512. ICN holders will definitely be voting on the service provider for ICONOMI, but the details will be further defined. The concept of a service provider is new, and the actual process will largely depend on the state of legislation. As we have stated in previous AMAs, we will release more details about the voting process as the two-year mark approaches.
Q: Using transparency as key iconomi value, using old economy rules of transparency would also apply in full with no obstacles. Such as reports of ICN buy and sell transactions.
Investors asume this is basic transparency reporting:
Why aren’t you reporting, in spirit of compliance and transparency, as a good will and being step ahed of competition, all buy and sell transactions, volume, prices, dates, place of execution of ICN token from ICONOMI, ICONOMI related legal entities, management employees ... ?
A: Hello legaltenderlegal, and thank you for the suggestion. In future, we will be publishing this data in full.
ICONOMI has always been deeply committed to transparency. We are in the process of hiring a Big Four auditing company, which will help us ensure that we are correctly applying all the rules of transparency from the old economy. We also touched on this topic in our response to WorldsMostDad’s question above.
Q: I'd like to know the due diligence that ICONOMI take before making any investment via Pinta - specifically I'd like to know what thought/reasoning went into the investment in Musiconomi? Is association with CoFound.it enough to secure a Pinta investment or do you see some long term play there? Major record labels are typically very slow to react - I'd imagine real disruption wont come from a company that has "music" in their name.
A: Hello benjaminbrick. Regarding Musiconomi, we cannot comment on Pinta investments on a deal-by-deal basis.
The art of early stage investment is understanding the business and people behind the project. Questions we ask when evaluating a project include: Are the founders in it for the right reasons? Does the project make sense in terms of marketing? Is the project technically feasible? There are no metrics involved in the process because early stage companies don’t have reliable metrics yet.
It is also important to stay up-to-date with the latest developments in the blockchain world. We achieve this through great communication with ICO incubator Cofound.it and by meeting and speaking with other companies at conferences.
Q: Hello ICONOMI team. Great work so far on the platform, but we investors in ICN sometimes get the felling that you are neglecting ICN token a little. We get questions "what gives ICN value" or "why would I even buy ICN token since it's got no use" on this subreddit almost every day. How would you anwser that question and how do you see ICN moving forward in 2018 and beyond.
A: Hello lakopy. The parameters of the ICN token have not changed since the ICO and remain as promised in the original whitepaper and explained in several AMAs and blog posts. The buyback program and the vote on the service operator are the direct implementations of the whitepaper promise. We have also gone forward with the utility of the ICN token, as previously explained. What made us one of the most successful projects in 2016 continues to hold true in 2017 and will continue to hold true in 2018.
Q: After the Parity incident you have stated that all users’ digital assets stored on the platform are completely safe, and the functioning of the platform is unaffected. However, some of the company’s assets were stored using the affected Parity multi-sig contract and will remain inaccessible until the situation is resolved.
You have stated that you still hold and can access funds that are worth 85m USD.
Both lost 38M USD of ETH and the remaining 85M USD numbers seem to come from the ICONOMI balance sheet section of your Q3 report. CCP Pinta value is also included there and the amount is equal to CCPs assets under management.
Can you shed some light into what you consider as "users' assets" and what you consider as "company's assets", because there is no clear distinction between the two in your report. How much of these assets are users' and how much belongs to the company? Do you have a clear distinction between assets invested for profit and assets company is using for operational expenses? Do you consider assets gathered by ICN ICO as users' assets or company assets?
A: Hello IReadErgoSum. The distinction between user assets and company assets is simple: user assets are any assets transferred to the platform by a user, and company assets are the assets ICONOMI received during the ICO. Because all the company’s assets are available for operational expenses, we do not distinguish between invested assets and assets used for operational expenses.
Q: Hi! Which legal entity will hold licence for providing fiat gateway on the Iconomi platform. Iconomi Inc. or some other?
A: Hello lakopy. The license will be held by a daughter company of ICONOMI that is currently being established.
Q: Hello, good job with the progress of the platform and scaling the company. But help me to understand one thing: why profits (of sold tokens you received from hardforks and airdrops) are not used for buybacks (BCH, OMG)? Iconomi had about 1000-1500 BTC in Pinta, received same amount of BCH and sold it, which means at least something out of it should go to profit. Same goes to OMG airdrop.
In my opinion (as investor) in case of hardforks and airdrops 100% of profits should be used to buybacks, as a best representation of investors interests (there are more than 70% of uninvested assets in the Pinta). do you consider that to put in practice in near future (one of next hardfork/airdrop)?
Edit: updated what was lost in translation (thanks to jesusthatsgreat who pointed it out)
A: Hello UnforgettableSandbox. The digital assets that ICONOMI DAAs receive via hard forks and airdrops are not sold for a profit. These assets are either converted into the digital assets that make up the DAA and distributed across the structure or, as with Pinta and Bitcoin Cash, added to the structure as a new investment.
Q: What keeps you, the employers of Iconomi, working on Iconomi? In other words, what is it that keeps you motivated to keep up the work for the platform?
A: Hello Dogephone. In addition to the vision of ICONOMI—bringing together the old and the new economy—the ICONOMI team is comprised of the best people anyone could hope to work with. In this early stage of blockchain, the field attracts the brightest and most intelligent people who are all extremely passionate about their work. It is a field that changes constantly, which gives room for constant improvement and growth, both on the personal and professional levels of each individual working here. The work is never boring because there are many challenges to overcome and unknowns to figure out. Doing this in a team of like-minded, highly motivated people who are passionate about their work is a once-in-a-lifetime experience..
submitted by Jercab to ICONOMI [link] [comments]

How to Confirm a Pending or Stuck BItcoin Transaction Free Bitcoin Hack Blockchain unconfirmed transaction hack script 100% working updated june 2020 How to accelerate Blockchain unconfirmed transactions Blockchain unconfirmed transaction Script 100% Working Blockchain unconfirmed transaction hack script updated june 2020 100% working

The Transaction class lets you deserialize, serialize, build and inspect transactions. It also helps you track interesting metadata about a transaction such as which blocks (if any) it has been included in, and how much confidence you can have that the transaction won’t be reversed/double spent. What do transaction confirmations mean? The blockchain is the ledger that records all bitcoin transaction. It’s the state of the bitcoin network. A transaction initially starts of as unconfirmed. Unconfirmed means that it hasn’t been added to the blockchain yet. Miners pick up unconfirmed transactions and package them into blocks. Number of Confirmations. The classic bitcoin client will show a transaction as "n/unconfirmed" until the transaction is 6 blocks deep. Merchants and exchanges who accept bitcoins as payment can and should set their own threshold as to how many blocks are required until funds are considered confirmed. When potential loss due to double spending as nominal, as with very inexpensive or non Just FYI, once you send a Bitcoin transaction you can't cancel or reverse it. That is one of the main points of Bitcoin. I think depending on your wallet you might be able to resend the transaction with a higher fee to a different address, and then the miner will use that one due to the higher fee, but this isn't something you should count on being able to do. A transaction ID looks like this: 7a43510802e113b7059851ef0a8a5c3625db37541861dd982f56253b2d5c4ff9. To check the number of confirmations for a transaction, paste the

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