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    Cryptocurrency Daily Discussion Megathread - May 2, 2018

    May 02, 2018

    Cryptocurrency Daily Discussion Megathread - May 2, 2018

    Daily Discussion Megathread - May 2, 2018

    Posted: 01 May 2018 11:13 PM PDT

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    submitted by /u/AutoModerator
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    I’m Bruce Fenton, 20 yr Wall St. vet, went full crypto in 2012 & never looked back AMA!

    Posted: 01 May 2018 11:08 AM PDT

    Hi Reddit!

    Daily visitor here & someone suggested I do an AMA

    Happy to answer any questions - the topics I know a little about are crypto/ the people and community / financial advise / token securities

    My background:

    I was a stockbroker / asset manager for 20 years starting in 1992 at age 19 when I became a broker at Dean Witter (later Morgan Stanley)

    Got into crypto in 2012 - investor in Eth crowdsale, seed round of Shapeshift, seed round of BlockOne, later investor in Abra and others

    Currently serve on the Board of Directors for Medici Ventures (owner of tZero and subsidiary of Overstock)

    Founded Atlantic Financial - the internet's first full service investment firm — a retail investment co which has done over $5 billion in transactions

    Served as an advisor to large organizations like Bain Capital and the Bill & Melinda Gates Foundation (before crypto/ my opinions are not theirs)

    Owner of Chainstone Labs, a company focused on tokenized securities

    Created Spacesuitx - an open source method to evaluate digital assets - check it out it's free for you to use

    Former Executive Director (2013) & current Board Member of the Bitcoin Foundation, the industry's oldest non profit advocacy org

    Host of the Satoshi Roundtable, an invite only industry event limited to 200 people: past attendees include Vitalik Buterin, Adam Back, Roger Ver, Charlie Lee, Elizabeth Stark, Brian Armstrong, Fluffypony, Brock Pierce and the CEOs of Blockone, Bitfury, BTCC, Bitpay and dozens of other top investors & companies

    Host of Free State Blockchain Digital Assets Conference - which is a NH crypto event every October

    Working on a book called Blockchain: Truth's Crucible

    Also working hard** on the Ravencoin project **

    and building a hacker environmental retreat on a New England farm

    Coins I follow: Bitcoin, Bitcoin Cash, ETH, ETC, Eos, Ada, RVN, Dash, Litecoin, Monero, Zcash — a few others —* I don't follow many others so wont have opinions on most ICOs* - but I can definitely give opinions on the industry and big picture trends.

    I'm not the smartest person in Crypto but I definitely have had a front row seat to history and it's been a thrill and fun.

    AMA!

    EDIT: I'll take off for now - thanks, this was fun!

    If you want to stay in touch follow me on Twitter & keep an eye out for cool projects

    submitted by /u/bruce_fenton
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    Satoshi Day anyone?

    Posted: 01 May 2018 09:02 AM PDT

    Please be aware of scammer Youtube account! Promising x50 x100

    Posted: 01 May 2018 08:09 PM PDT

    He is doing it

    Posted: 02 May 2018 01:31 AM PDT

    To all the new community members - 10 Signs you are investing in a bad ICO

    Posted: 02 May 2018 02:01 AM PDT

    Ledger hardware wallets for sale next to Apple products at regular retail store at Amsterdam Schiphol Airport

    Posted: 01 May 2018 10:31 AM PDT

    Payfair Fiat Trading is now live! Altcoins like BAT, BNB, VEN, FUN, TRX, EOS available!

    Posted: 01 May 2018 01:45 PM PDT

    The VeChainThor Blockchain Testing Schedule

    Posted: 01 May 2018 09:17 AM PDT

    THEKEY's Mobile Medical Insurance Platform - Laying the Foundations for Real World Cryptocurrencies Usage

    Posted: 02 May 2018 02:01 AM PDT

    Ethereum: Almost zero chance of the SEC declaring it a security

    Posted: 02 May 2018 02:14 AM PDT

    Abra Adds NEO, Verge, Monero, NEM and Lisk to it's platform

    Posted: 01 May 2018 08:43 PM PDT

    Billionaire Peter Thiel Backs Startup Bringing Big Money to Crypto

    Posted: 01 May 2018 01:42 PM PDT

    Japanese banking giant SBI will be launching a massive Crypto Exchange this summer!

    Posted: 01 May 2018 04:11 AM PDT

    I Presented on a Blockchain Project (Eximchain) for my Masters Class. Video and Report included

    Posted: 01 May 2018 11:24 PM PDT

    Before I start, you can view the thread on Medium. Probably better formatting: https://medium.com/@yalbanna37/i-presented-on-a-blockchain-project-eximchain-for-my-masters-class-video-and-report-included-637b04d6809c

    I am doing my Supply Chain course in my Masters Program and as a part of the course, we are required to have an end-of-semester project. For my project, I proposed to my professor that I'd explain a project I am excited about, Eximchain. The professor agreed to my proposal and I tried to step it up even further while I was doing the project. I decided to try and interview the CEO, Hope, and in return I'd record the presentation and upload it to YouTube. Unfortunately, Hope was unable to respond to my questions in time for the presentation (Understandable as she's a busy woman), but the admin team on their telegram chat were more than happy to answer any questions I had.

    I'll just have a quick write-up here on Eximchain. You can also see my full report attached below for your reference if you'd like to read more into the project. The project focuses on merging the Global Supply Chain with the blockchain technology. The main focus of the project is Supply Chain Financing (SCF). Whenever we mentioned this during the presentation, the professor got even more interested. We go into details of what Eximchain is offering in the presentation as well as in the Paper we wrote.

    Before I leave you with the video presentation, allow me to add the Q&A session I had with Eximchain. Unfortunately this part of the presentation was not included in the video.

    Q.1:

    Based on the example you provided on your whitepaper regarding the credit rate arbitration between the supplier and the buyer. Is the data involved (such as how much the supplier would save) private or shared with the buyer? If it is shared, wouldn't the supplier be wary of such sensitive information made visible?

    A1:

    Up to the parties involved, this is the point of private smart contracts, you are right this is not possible in vanilla ethereum as the data would be public to all

    Q.2:

    Should the information not be visible, does the Eximchain platform decide on the best terms for all the parties involved?

    A2:

    Each party to a private contract specifies who participates in the Diffie Hellman key exchange for the private transaction payload, so the writer of smart contract decides.

    Q.3:

    The Proof of Existence can be used to verify that Party A delivered goods, and Party B paid money. Is there a way to verify the quality of goods delivered by Party A (such as Reputation Protocol)?

    A3:

    Yup this is actually the PoC being worked on in China (proof of quality)

    I believe there are at least 5 other proofs throughout the process being designed as well: Proof of Order, proof of quality, proof of shipment, proof of payment, proof of credit

    Q.4:

    Once a developer develops a certain solution to suit their own specific industry needs, would such a solution be publicly available or would the developer have complete right of ownership?

    A.4:

    Depends on how it's deployed, if public contract then everyone can see, and access depending on smart contract logic, if private then the code can remain private only those that deploy and interact will be able to see.

    In both cases the developer has full control.

    I should note this is exactly the plan and would encourage you to reach out to team for early Dev program if you plan on doing so

    Q.5

    In your opinion, what is the most important (or influential) solution that Eximchain provides?

    A5:

    In my opinion, the automated infrastructure they are building is way ahead of what even the big players are doing

    At this point, I think the best way to present our work is through the video presentation. Unfortunately, the camera stopped recording after 20 minutes, which means the last few minutes of the presentation were missed as well as the professor's comments. The professor was VERY excited about the project and about the size of the issue they're tackling. He emphasized on the size of the problem and that there are trillions to make in this industry. Below is the video presentation.

    https://www.youtube.com/watch?v=0ogqVvYr5NU

    If you want to go into even further details of our work, you can find the Project Report below for your reference. It took us a lot of time and effort to get this done so please make sure you give us credit in case you use this in any other place.

    https://drive.google.com/file/d/1i3uaqR9j2EF83AuO3aW70ywvb432gyTd/view?usp=drivesdk

    submitted by /u/yass3r37
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    The IOTA Ecosystem site is Live and it looks AWESOME

    Posted: 01 May 2018 07:51 AM PDT

    After backing Lyft, SimilarWeb, Patreon and Feedly, NFX ventures partner with Wemark, a rising blockchain company

    Posted: 02 May 2018 03:06 AM PDT

    The Biggest Scam In The History Of Mankind - An easy to understand explanation of how fiat is generated and why it's destined to fail

    Posted: 02 May 2018 12:01 AM PDT

    Forbes: Shark Tank & Billionaire Investor Kevin Harrington to take pitches on the blockchain.

    Posted: 01 May 2018 09:35 PM PDT

    Coinbase to Start Offering Block Trades for Institutional Clients on GDAX

    Posted: 01 May 2018 03:27 PM PDT

    Goldman Sachs Executives are Moving to Cryptocurrency Hedge Funds

    Posted: 01 May 2018 01:15 PM PDT

    Oscar Mayer just made a free ‘cryptocurrency’ you can redeem for slices of bacon - Bacoin is redeemable for bacon, not real money. Oscar Mayer has a price tracker for how many slices one Bacoin is worth. As of writing, a single coin will net you 28 slices of bacon

    Posted: 01 May 2018 06:30 AM PDT

    CNBC - BTC headed to the moon! lol

    Posted: 01 May 2018 05:57 PM PDT

    Pizza joint in Delray Beach, FL accepting Bitcoin

    Posted: 01 May 2018 04:53 PM PDT

    Kanye West, repeatedly ahead of his time in music, fashion and social consciousness briefly refers to Bitcoin as the future and prefers it to the dollar in what will be his biggest interview in years

    Posted: 01 May 2018 09:53 AM PDT

    Announcement: Power Ledger Announces First U.S. Deployment With Northwestern University

    Posted: 02 May 2018 01:35 AM PDT
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