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    Friday, June 1, 2018

    Cryptocurrency Monthly Skeptics Discussion - June, 2018 | Pro-Con Contest topics - Smart Contracts: Ethereum, EOS, Cardano, NEO.

    Cryptocurrency Monthly Skeptics Discussion - June, 2018 | Pro-Con Contest topics - Smart Contracts: Ethereum, EOS, Cardano, NEO.


    Monthly Skeptics Discussion - June, 2018 | Pro-Con Contest topics - Smart Contracts: Ethereum, EOS, Cardano, NEO.

    Posted: 01 Jun 2018 12:32 AM PDT

    Welcome to the Monthly Skeptics Discussion thread. The goal of this thread is to promote critical discussion and challenge commonly promoted narratives through rigorous debate. It will be posted and stickied every Sunday. Due to the 2 post sticky limit, this thread will not be permanently stickied like the Daily Discussion thread. It will often be taken down to make room for important announcements or news.

    To see the latest Daily Discussion Megathread, click here

    To see the latest Weekly Support Discussion, click here


    Rules:

    • All sub rules apply in this thread.

    • Discussion topics must be on topic, ie only related to critical discussion about cryptocurrency. Shilling or promotional top-level comments will be removed. For example, giving the current composition of your portfolio, asking for financial adivce, or stating you sold X coin for Y coin(shilling), will be removed.

    • Karma and age requirements are in effect here.


    Guidelines:

    • Share any uncertainties, shortcomings, concerns, etc you have about crypto related projects.

    • Refer topics such as price, gossip, events, etc to the Daily Discussion Megathread.

    • Please report promotional top-level comments or shilling.

    • Consider changing your comment sorting around to find more criticial discussion. Sorting by controversial might be a good choice.

    • Share links to any high-quality critical content posted in the past week. To help with this, try searching through the Critical Discussion search listing.


    Resources and Tools:

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

    • Consider participating in the monthly Pro-Con Contest. These contests will be stickied inside every Skeptics Discussion thread before noon(hopefully) on the first of every month. Since it is a pilot project, the rules and format may change as the project evolves. See the contest comment for more details when it is posted.


    Thank you in advance for your participation.

    submitted by /u/CryptoCurrencyMod
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    Daily Discussion Megathread - June 1, 2018

    Posted: 31 May 2018 11:28 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 thread, 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
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    San Franciscan running for senate as first “technodemocratic” candidate has no party preference and promises to represent voters using decentralized blockchain based voting.

    Posted: 31 May 2018 06:14 PM PDT

    Apple has finally approved ARK mobile wallet and it is now available for download in the App Store

    Posted: 31 May 2018 02:03 PM PDT

    Will 2019 finally be the year where crypto goes mainstream and all obstacles are in the past? Here's what 11 executives of known blockchain companies have to say.

    Posted: 01 Jun 2018 12:55 AM PDT

    DNB (Norway’s largest financial services group )teams up with IOTA to explore the Economy of Things and MyData / ‘GDPR as an opportunity

    Posted: 31 May 2018 06:27 AM PDT

    Bittrex added direct to USD pairs!

    Posted: 31 May 2018 07:21 AM PDT

    Introducing Jolt! The affordable, open-source, wireless hardware wallet purpose built for Nano

    Posted: 31 May 2018 08:15 AM PDT

    The Mass-Shilling Campaign: What are the Top 50 Marketcap Coins in 5 words or less

    Posted: 31 May 2018 07:47 PM PDT

    I've seen a surge in posts on /new lately asking for a rundown of the top 100 coins. If you have a better description for any of these, PLEASE comment below and I'll add it in (don't just call me stupid!). Here goes:

    .

    • Bitcoin: First Uncensorable Internet Payments
    • Ethereum: "I pay you if"
    • Ripple: Instant No-chargeback Transactions
    • Bitcoin Cash: Forkable Bitcoin
    • EOS: Industrial-Scale Ethereum
    • Litecoin: Original Bitcoin Clone
    • Cardano: Verify Accountability of People/etc
    • Stellar: More Decentralized Ripple-Fork
    • IOTA: Largest DAG (non-blockchain crypto)
    • TRON: Entertainment sharing platform
    • NEO: Ethereum Competitor
    • Tether: Stable 1:1 USD Crypto
    • Monero: Privacy For Everyone.
    • Dash: Masternode based Privacy
    • NEM: Hosts other Cryptocurrency ledgers
    • VeChain: Helps Real Companies with Blockchain
    • Binance Coin: Reduces Binance Fees (Popular Exchange)
    • Ethereum Classic: Ethereum That Refuses Chargebacks
    • Bytecoin: Original Monero, Founders of Cryptonote
    • Qtum: Simple Ethereum for Businesses
    • OmiseGO: Decentralized Cryptocurrency Exchange
    • ICON: Let Separate Blockchains Interact
    • Zcash: Zero-Knowledge Privacy (mathematically unbreakable)
    • Lisk: Develop your own Blockchain
    • Ontology: Scaling Ethereum and Blockchain altoghether
    • Zilliqa: Massively Scalable Blockchain
    • Bitcoin Gold: Forever GPU Mineable PoS Cryptocurrency
    • Aeternity: Ethereum with Real-World Data
    • 0x: Allows building of decentralized exchanges
    • Decred: 2nd Layer Blockchain Development
    • Bytom: Connecting Physical "Things" to Blockchain
    • Steem: Rewards Content Creators for Quality
    • Verge: Broadcast Transactions without your IP
    • Nano: Instant, free, decentralized transactions
    • Siacoin: Decentralized File Hosting
    • BitShares: Regulation Fighting Decentralized Exchange
    • Golem: Decentralized Computer Power
    • RChain: Solving Blockchain Speed & Scalability
    • Wanchain: Decentralized Banking
    • Bitcoin Private: Zcash technology without Premine
    • Maker: Creates Decentralized, 1:1 USD "DAI" Token
    • Populous: Anonymous Data Sharing
    • Stratis: Ethereum For Classic Programmers
    • Bitcoin Diamond: Faster, Cheaper Bitcoin
    • Augur: Decentralized Prediction Market
    • Waves: Enables Launching of Cryptocurrencies
    • Dogecoin: Classic Meme Coin - Familiarity Advantage
    • IOST: Platform to Exchange Digital Products
    • Status: Decentralized Messenger and Browser
    • WaltonChain: Tracks things like Diamonds IRL

    .

    Editors note: I do not endorse ANY of these coins. Some of them are scams but I tried to keep this unbiased. ALWAYS look for the critique on every coin. If I find the time, I will create a Mass-FUD Campaign, outlying the major flaws in each top 50 coin.

    submitted by /u/OsrsNeedsF2P
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    China Calls For Lift Of Cryptocurrency Ban

    Posted: 31 May 2018 03:15 PM PDT

    *Ticket revolution starting it’s engines*

    Posted: 01 Jun 2018 01:16 AM PDT

    Why VeChain is fundamentally different to Ethereum, EOS and other protocols

    Posted: 31 May 2018 09:00 AM PDT

    The VeChainThor Vision

    Building a trust-free and distributed business ecosystem platform to enable transparent information flow, efficient collaboration, and high-speed value transfers.
    VeChainThor will be the platform to support Blockchain-based business applications offering real economic and social value.

    0. Why invest in Fat Protocols

    The Economist describes the true value proposition of Blockchain technology in their 2015 article "The trust machine." Trust is the single biggest hidden cost of doing business. Blockchain technology can establish a new trust-free sharing business collaboration model.

    Data is the oil of the 21st century. Blockchain technology allows the chance to create a new world by putting data ownership and monetization in the hands of the people who generate that data. Data is the reason FAANG Stocks are insanely profitable and some of the biggest companies in the world.

    Other platforms aim to accomplish the same vision however widespread adoption has been lacking to date.

    1. Other platforms - technology focused

    Ethereum by Vitalik Buterin is amazing. The first cryto-platform. It holds true to the ideals of the original crypto-community with a strong focus on decentralisation and security. It has encountered issues with scaling which are being actively worked on with Plasma, sharding, state-channels and Raiden network. Due to heavy decentralisation, it has issues with a borrowed governance structure (EIP) from Bitcoin.

    EOS by Dan Larimer is another technological masterpiece. EOS aims to be a feeless high performance blockchain and makes progress on the scalability problem through an innovative consensus algorithm known as Delegated Proof-of-Stake. The benefits of EOS are achieved by sacrificing other elements and reflects a philosophical difference between Buterin and Larimer.

    Buterin and Larimer have had some back and forth regarding their respective platforms which delivers insight into the minds of these two geniuses. Most of their disagreements hinge on the Scalability Trilemma which has been documented here.

    1. Vitalik Buterin's original article

    2. Dan Larimer's reply

    3. Buterin's reply is seen as the 1st comment in Larimer's medium post

    Ethereum and EOS are innovative and have laid the groundwork for the future technological development. Other platforms such as Cardano, Stellar, NEO and NEM are making strong progress as well. However a common theme amongst these platforms are their focus on technological development rather than development of real-world use cases. They are hoping their communities will build use cases which has led to an explosion of ICOs and dApps. Sadly, only a small amount of real world value and utility has been generated from these to date.

    2. VeChainThor - use case focused

    VeChainThor has a different philosophy compared to other platforms. From the white paper, "The ground rule of VeChain technology development is to be driven by applications. Use cases drive product development and product development drives technology development. – NOT the other way around."

    "You've got to start with the customer experience and work backwards to the technology, you can't start with the technology and try to figure out where you're going to sell it" - Steve Jobs 1997

    VeChain started with the customer (enterprises) and built solutions for their business needs. In 2016 VeChain began work on four use cases with major enterprises across the globe. In 2017, the number reached to over 20, including significant partnerships. Now, in early 2018, more than 210 opportunities are in the pipeline. Three ICOs have already been announced (BitOcean, Plair platform & Mustangchain). DBET will be migrating their existing network from Ethereum to VeChain. Once main-net launches, we will see how many more projects become public. Existing consortium chains will also migrate onto the public VeChainThor protocol.

    With other platforms being open source, technological innovation can be integrated into the VeChainThor network rapidly through the balanced Governance model. Multicoin Capital write a great blog post about this. VeChain's consensus algorithm Proof of Authority is not original. Their consortium blockchain was based off Ethereum. VeChainThor will continue to stand on the shoulders of giants by "discovering truth by building on previous discoveries".

    The core business development philosophy is the key differentiating factor between VeChainThor and other platforms. Enterprises won't adopt new technology if they don't see a clear benefit. Enterprises don't care about technological details, they care about their problems and an affordable solution. Smart money like PwC, DNV-GL and Breyer Capital understand this.


    If anyone is interested, I can add to this post with information about how VeChainThor plans to overcome the barriers for global enterprise adoption. It's more detail about the Governance model, Economic model, Architecture and Applications, Regulatory compliance and Use cases & Applications. However, now that the Whitepaper is out, please read it to understand the scope of what VeChainThor is planning to accomplish. Happy to answer any questions from the /r/CryptoCurrency community. Looking forward to some sceptical discussion, learning from others and sharing what I know.

    submitted by /u/enozym111
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    This is where it all began - Weekend MEMEs

    Posted: 01 Jun 2018 02:24 AM PDT

    China: Calls For Lift On Cryptocurrency Ban After Xi Blockchain Speech - Bitcoinist.com

    Posted: 31 May 2018 08:33 AM PDT

    Oyster Mainnet Online!

    Posted: 31 May 2018 09:01 AM PDT

    The Oyster team is proud to announce that the Oyster Mainnet is now live! Users can now host their files using the Oyster Mainnet.

    The Oyster Mainnet web interface can be accessed here.

    Oyster Team Supplying PRL During Open Beta


    The Oyster team will be supplying the PRL to be used in the open beta of the Oyster Mainnet. Thus, for the time being, users will be able to store their files on the Oyster protocol for free.


    Revenue Beta-Testing has Begun

    We are happy to announce that we have begun beta testing the revenue generation side of the protocol with many different beta testers. The combined monthly unique users of all our beta testers are over two million, ensuring that there will be plenty of web traffic to test the resilience of Oyster's back-end.


    Click here for more information by getting forwarded to the Medium Article Regarding the mainnet release of Oyster Protocol :)

    submitted by /u/MrRedPanda__
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    Currencies Direct praises xRapid after successful pilot results

    Posted: 31 May 2018 09:16 PM PDT

    1 in 3 Germans Are Interested in Cryptocurrencies as an Investment -- Great News

    Posted: 31 May 2018 04:05 PM PDT

    chinas narada partners with electrify

    Posted: 01 Jun 2018 01:14 AM PDT

    Ethereum Now Has 35 Million Unique Addresses, Surpasses Bitcoin in Active Addresses

    Posted: 31 May 2018 11:12 AM PDT

    Crypto Millionaire Matthew Mellon Dies Leaving More than $500 Million Lost

    Posted: 31 May 2018 04:44 PM PDT

    ARK v2 core TestNet release date

    Posted: 31 May 2018 10:05 AM PDT

    OriginTrail Token Demand Model: The Driving Forces of the Trace Ecosystem

    Posted: 31 May 2018 03:00 PM PDT

    TE-FOOD progress report 3. – TE-FOOD – Medium

    Posted: 01 Jun 2018 01:38 AM PDT

    IOTX getting pumped hardddd.

    Posted: 01 Jun 2018 12:52 AM PDT

    Ravencoin Review – A Bitcoin Code Fork Looking to Bring Real-World Assets onto Blockchain

    Posted: 31 May 2018 04:58 PM PDT

    Nebulas will be way more than a blockchain search engine.

    Posted: 31 May 2018 07:14 PM PDT

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