• Breaking News

    Wednesday, June 20, 2018

    Cryptocurrency Daily Discussion Megathread - June 20, 2018

    Cryptocurrency Daily Discussion Megathread - June 20, 2018


    Daily Discussion Megathread - June 20, 2018

    Posted: 19 Jun 2018 11:18 PM PDT

    Welcome to the Daily Discussion Megathread. Please read the disclaimer, guidelines, and rules before participating.

    To see the latest Weekly Skeptics thread, click here

    To see the latest Weekly Support Discussion, click here


    Disclaimer:

    Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and excercise utmost caution before acting on any trade tip mentioned here.

    PnDs and brigades are not sanctioned by the mod team in any way as they violate rule III. If you discover this thread is being used for these activities, bring it to the mod teams's notice via the modmail.


    Rules:

    • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.

    • Discussion topics must be related to cryptocurrency.

    • Comments will be sorted by newest first.


    Guidelines:

    • Questions, debates, meta issues, etc are all welcome.

    • Breaking news should be posted separately from this thread.


    Resources and Tools:

    • To view live streaming comments for this thread, click here. Account permissions are required to post comments through Reddit-Stream.com.

    • Click the RES subscribe button below if you would like to be notified when comments are posted.

    • Consider checking out our Weekly Skeptics Thread for discussion focused solely on critical analysis. Click here and select the latest thread on the search listing.


    Thank you in advance for your participation. Enjoy!

    submitted by /u/CryptoCurrencyMod
    [link] [comments]

    Bithumb will cover the $31 million that was hacked. Users won't lose any funds.

    Posted: 19 Jun 2018 08:24 PM PDT

    Bithumb Got Hacked for 35 Billion Won, Stops Withdrawals and Deposits

    Posted: 19 Jun 2018 05:58 PM PDT

    Original Link

    Bithumb Got Hacked for 35 Billion Won, Stops Withdrawals and Deposits

    They have moved the customers' assets into the cold wallet until it's deemed safe.

    Bithumb will also cover the losses of its customers.

    At the moment, 35B won is approximately 31.5M in USD

    English Article

    Et tu, Bithumb? (for the nth time)

    submitted by /u/Tbid
    [link] [comments]

    Sunny Lu reports 0 critical bugs found in VeChain Thor so far, personally doubles the bug bounty going forward.

    Posted: 19 Jun 2018 12:35 PM PDT

    Why are we not discussing what Coinbase CEO said to his employees today?

    Posted: 19 Jun 2018 06:14 PM PDT

    I am Trying to Make a List of Cryptocurrency Projects With Working Products. I need your help

    Posted: 20 Jun 2018 12:52 AM PDT

    Hi r/CryptoCurrency,

    I have been in the cryptocurrency for quite a while and I must say I am super excited about the coming years.

    I would like to make a list of cryptocurrency projects that have real use-cases that you and I can use on a daily basis. I also believe that, the more people realize how powerful this new technology is, the less they will worry about the price.

    So without further ado, feel free to post crypto projects that you know of with working products that everyone can use and test. You can also post dapps that you find useful.

    I think it is also important that we differentiate between crypto projects for industrial use and individual use. For example Modum has a working product, but it is difficult for us to test.

    This is my list so far. (I will update it with new entries)

    • Brave browser (BAT) Secure Desktop and Mobile Browser
    • Oyster storage (PRL) Cloud storage
    • Augur Decentralized prediction market
    • Salt Lending Platform
    • Dent Mobile data lending
    • Steemit - Blockchain-based rewards blogging platform
    • d.tube - Crypto-decentralized video platform built on top of STEEM
    • Bitbay - Decentralized marketplace
    • Bounty0x - Decentralized bounty hunting platform
    • Golem - Computing power shared (machine learning, rendering, computing power
    • Nebula - Decentralized AI Blockchain
    • Cryptokitties - Collect and breed digital cats.
    • district0x - Network of decentralized markets and communities (ex. Ethlance )
    • Bitdegree - Online Courses with a gamified experience
    • Funfair - Blockchain-pwered solutions for the online gaming industry (demo)

    contributions:

    I am looking forward to your contributions. Thanks in advance

    Have a great day

    Edit:

    • I am looking for projects that have a utility beyond payments and store of value. (That is why BTC, ETH, Nano etc. are not on the list. )
    • The reason I didn't add any exchanges is that I am trying deviate from price and trading.
    • There needs to be a demo or dapp everyone can use. If the demo is released at the end of this month then the project still doesn't have a working product everyone can use.
    submitted by /u/xtarsy
    [link] [comments]

    EU citizens: Big vote tomorrow. Save the internet.

    Posted: 19 Jun 2018 11:04 AM PDT

    Can Google and Facebook be replaced by a better alternative? Few blockchain companies are trying to do so, and exactly like how Bitcoin grew from a few supporters to what it is today, decentralizing the ads industry might work with a leap of faith

    Posted: 19 Jun 2018 11:17 PM PDT

    Can we redefine the internet experience through blockchain and decentralization? This company successfully raised $35 million, in order to so, and challenge the dominance control of the tech’s major players in this industry.

    Posted: 19 Jun 2018 11:57 PM PDT

    Skycoin has the most toxic community and team members. It is an obvious scam and I urge everyone here to stay away from it.

    Posted: 19 Jun 2018 04:31 PM PDT

    Coinbase CEO Tells New Employees ‘Don’t Panic’ Over Bitcoin Price

    Posted: 20 Jun 2018 12:41 AM PDT

    IOTA (MIOTA) Working On Close To 20 Projects, Pushing For Mass Adoption

    Posted: 19 Jun 2018 12:42 PM PDT

    How all of crypto-Reddit price predictions work:

    Posted: 20 Jun 2018 12:28 AM PDT

    1. Make assertion.
    2. Claim assertion is based on specific data.
    3. Qualify that your assertion may not actually materialise.
    4. Water down assertion with terms like "would not surprise me".
    5. Now you're able to claim you predicted something if it comes to pass, and if it doesn't and people remind you of what you posted you can point out that you clearly said it might not happen.

    Rinse and repeat.

    submitted by /u/iwearahoodie
    [link] [comments]

    I just hot an email "Bittrex’s US Dollar Markets – Select Invitation"

    Posted: 20 Jun 2018 12:03 AM PDT

    It's finally here! :D

    In the email it also says that:

    "Congratulations! Your personal account was selected to be one of the first to access Bittrex's US Dollar markets. To enable your account, we need to know the type of US Dollar access you want, either USD trading only or USD trading, deposits, and withdrawals. Please tell us by completing the Fiat (USD) Trading Request form below."

    edit: proof https://i.imgur.com/wBCen8V.png

    submitted by /u/purecosu
    [link] [comments]

    Announcement: BAT/Brave launches first phase of user ad trials for its ad platform that will allow you to earn BAT

    Posted: 19 Jun 2018 09:24 AM PDT

    Official announcement post: https://brave.com/brave-launches-user-trials-for-opt-in-ads/

    "We've been busy building our new Basic Attention Token (BAT) platform, which includes a new consent-based digital advertising model that benefits users, publishers, and advertisers. Our first phase started last Fall with the integration of BAT into Brave Payments, and enabled users to anonymously distribute contributions to their favorite publishers and creators.

    We're now ready to start voluntary testing of our ad model before we scale to further user trials. Once we're satisfied with the performance of the ad system, Brave ads will be shown directly in the browser in a private channel to users who consent to see them. When the Brave ad system becomes widely available, users will receive 70% of the gross ad revenue, while preserving their privacy.

    • In June, we'll be doing opt-in tests with a select group of users to collect insight about the user experience. This test will serve to analyze user interactions with a new way to deliver ads. Around 250 pre-packaged ads will be rotated during this trial and users will be given a special version of the Brave browser loaded with those ads. This special Brave version is part of the test program only. It sends a detailed log of the browsing activity to Brave, which is used as algorithmic test data to check our on-device machine learning. Brave will not share this information, and users can leave this test at any time by switching off this feature or using a regular version of Brave (which never logs user browsing data to any server).
    • Later this month, we plan to run further studies with a larger set of users to improve user modeling and to integrate specific usage of the browser, with the primary goal of understanding how behavior in the browser impacts when to deliver ads. This will serve to strengthen existing modeling and data classification engines and to refine the system's machine learning.
    • In a few months, we will start expanded user trials, with a focus on the impact of rewards in a user-centric ad system. Thousands of ads will be used in this phase, and users will be able to earn tokens for viewing and interacting with ads.

    By moving matching from the ad exchange to the device, Brave ads merge innovation with privacy-by-design and put the user in control. Instead of sending and exposing user data to opaque third parties in cloud-based auctions, Brave's approach enables a more efficient and direct opportunity to access user attention without the inherent liabilities and risks involved with large scale user data collection.

    Brave pushes ad catalogs (one per region and natural language) to available devices on a recurring basis. Downloading a catalog does not identify any user. As the user browses, Brave locally matches the best available ad from the catalog to display that ad at the appropriate time. Brave ads are opt-in and consent-based (disabled by default), and engineered to operate without leaking the user's personal data from their device.

    We're excited about unveiling this phase of our development, and about rolling out a system that properly values user attention. The current advertising model exploits users and has eroded trust, as well as net revenue to publishers and other creators. We will reward users for their attention while shielding their identities and protecting their privacy. We believe that user data and attention hold substantial value if they are defended vigilantly on users' devices, and that the transparent Brave ads delivery approach and the Basic Attention Token will provide users a fair share.

    If you're interested in joining these trials, please contact our Early Access group via community.brave.com."

    submitted by /u/CryptoJennie
    [link] [comments]

    What are the downsides of directed acyclic graphs?

    Posted: 20 Jun 2018 01:00 AM PDT

    It looks like DAGs like IOTA, Nano are vastly superior to the blockchain and solve all the issues that blockchains struggle with so hard, namely having

    1. Instant transactions
    2. Zero fees
    3. Near infinite decentralization
    4. Near infinite scalability
    5. Very low usage of energy

    However, are there any major downsides that DAGs bring with themselves that outweigh the solution of all the 5 above mentioned problems that blockchains have?

    submitted by /u/galan77
    [link] [comments]

    Cryptocurrency Icons (100% Free)

    Posted: 19 Jun 2018 01:57 PM PDT

    First Copyright Bank powered by NEM is Live Now

    Posted: 20 Jun 2018 01:07 AM PDT

    JPMorgan Fined $65 Million for Manipulating US Dollar Benchmark...

    Posted: 19 Jun 2018 04:29 AM PDT

    Here's the pep talk the CEO of bitcoin exchange Coinbase gave to new hires about the price dip: 'People are irrationally pessimistic'

    Posted: 19 Jun 2018 07:35 PM PDT

    I'm suing Comino.com (mining hardware producers) for false advertising their product performance. Is there anyone else who fell for this who want to join?

    Posted: 20 Jun 2018 02:16 AM PDT

    I bought a Comino N1 advertised at 210 MHs back in December. It was delivered several months later and right off the bat, it was full of issues, the biggest one being: it never reached the advertised 210 MHs. In fact, overclocked - its maximum is 187 MHs.

    I've requested to return it to no end, therefore I'm suing them.

    I see this no different than Intel advertising a 3 GHz CPU unit only to get one that runs at 2.7Ghz for example.

    Or Volkswagen selling you a car with the top speed of 300 KMh only to find out it actually cannot reach that.

    Anyway, I've got in touch with a lawyer and we have everything set up, thankfully the law is on our side on this one since it's purely about the technical performance and lack of documentation (per EU requirements) of a product.

    Before we submit, I was wondering if there might be someone else in my position and interested in a joint effort?

    submitted by /u/1xHUEHUEHUE
    [link] [comments]

    ICON Token Swap Is Here! But Are Investors Getting Restless? What Now?

    Posted: 19 Jun 2018 10:40 PM PDT

    STUDY: 29% of high net worth individuals have a high degree of interest in holding cryptocurrencies and another 27% somewhat interested.

    Posted: 19 Jun 2018 09:16 AM PDT

    No comments:

    Post a Comment