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    Saturday, September 29, 2018

    Cryptocurrency Daily Discussion Megathread - September 29, 2018

    Cryptocurrency Daily Discussion Megathread - September 29, 2018


    Daily Discussion Megathread - September 29, 2018

    Posted: 28 Sep 2018 11:31 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

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    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 The prior exemption for karma and age requirements is no longer in effect.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.

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    Thank you in advance for your participation. Enjoy!

    submitted by /u/CryptoCurrencyMod
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    Facebook Hacked. 50m user accounts compromised. If you are in crypto, least you can do is stop using services provided by this worthless company

    Posted: 28 Sep 2018 10:59 AM PDT

    Opera becomes first major browser with built-in support for Ethereum + Web 3.0

    Posted: 28 Sep 2018 11:31 PM PDT

    Latley, on every movement up (first oc)

    Posted: 29 Sep 2018 01:40 AM PDT

    Bitcoin ATM at the local mall

    Posted: 28 Sep 2018 06:49 PM PDT

    A Comparison: Banks vs Coinbase vs Binance vs BitMEX

    Posted: 28 Sep 2018 11:51 AM PDT

    United Nations Secretary General mentions Blockchain in his speech as a way of progress (at 0:29)

    Posted: 29 Sep 2018 03:25 AM PDT

    In the G-20 summit, the cryptocurrencies are now categorized as financial instruments

    Posted: 29 Sep 2018 01:45 AM PDT

    IOTA Introduce a New Proof of Concept to Lay Ground for their Future Innovations

    Posted: 29 Sep 2018 03:01 AM PDT

    Neufund Announces Partnership with Blocktrade

    Posted: 28 Sep 2018 06:53 PM PDT

    Tech Bullion Interviews Chainzilla's CEO - Blockchain as a Service for Central America

    Posted: 28 Sep 2018 06:04 PM PDT

    US Lawmakers Request SEC Chairman Jay Clayton to Clarify Securities Token Classification

    Posted: 28 Sep 2018 09:58 PM PDT

    Blockchain technology and Carsharing. Pay cryptocurrency - Rent a Car. Deal details in a smart-contract.

    Posted: 28 Sep 2018 09:02 PM PDT

    1000$ will make u wealthy in let's say 5 years?

    Posted: 29 Sep 2018 03:32 AM PDT

    I admit 2018 has been a year with less gains than last year, but i am still hopefull about the future. I don't master any trading skill, i hodl and buy when i see deep red candles. Ok i'll stop with my rambling. D'you think a thousand dollar of investment can make u a millionere in five years?

    submitted by /u/agnfab
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    XRP Now Available on FX Choice – A Forex Exchange in a $5 Trillion Industry

    Posted: 28 Sep 2018 12:00 PM PDT

    Blockchain will transform the e-commerce industry- Bitzon

    Posted: 28 Sep 2018 11:15 PM PDT

    An ever increasing number of buyers all over the world are tempted to wallow into online purchasing. However, much they try to be prudent of the dangers, they are exposed to security issues like their financial details being exposed to hackers.

    That's exactly where the Blockchain technology is revolutionising the E-Commerce space. With Blockchain, all the sensitive information like debit and credit card details are encrypted, which further makes it tough for any hacker to breach in.

    Bitzon is a platform which aims to connect producers around the globe and provide business with tools to launch unique commodities with minimal transaction fees, and no middlemen, or a boring routine. It unites producers around the world to create their own ecosystem that will uplift the e-commerce market to a completely new level.

    Buyers and sellers can use both bitzon as well as other platform coins. Bitzon incentivizes buyers with 10% discounts on lifetime purchases and sellers with a 50% rebate on monthly subscription payments.

    submitted by /u/Takhomasac
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    Explaining crypto to your friends and family...

    Posted: 29 Sep 2018 01:34 AM PDT

    Ethereum Security Lead Joins Effort to Oust Blockchain's Big Miners

    Posted: 29 Sep 2018 03:56 AM PDT

    Great news!

    Martin Holst Swende, security lead at the Ethereum Foundation, said he supports swift action to remove ASIC mining hardware from the ethereum platform. Now, he works to ensure code changes do not disrupt or harm operations on the world's second-largest blockchain.

    He is aligning with other leading technologists who work on the platform's core code and who think steps should be taken to block the chips. First introduced on ethereum back in April, dissenting developers argue the chips may reduce the number of participants able to profitably maintain the network's ledger.

    Swende remarked that a software change, dubbed ProgPoW, should be implemented "in parallel" with a larger, upcoming upgrade, "if the technical underpinnings are there."

    the software changes would render current ethereum ASICs unusable, and potentially prevent the development of such hardware going forward, meaning a lot for ETH blockchain

    source: coindesk

    submitted by /u/Argentww
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    Binance CEO: Our Decentralized Crypto Exchange Could Launch By Q1 2019

    Posted: 29 Sep 2018 03:28 AM PDT

    A Beginners Guide to Cryptocurrency Investing — Part 2: I’m My Own Bank

    Posted: 29 Sep 2018 01:37 AM PDT

    Welcome to Your Own Bank

    The most important thing to remember about investing in cryptocurrency is that YOU are your own bank. What that means is, security begins and ends with you. So there are some rules you need to follow, which we'll go over later, that will help protect you and help you be a smarter, more secure "bank" of yourself and your crypto holdings. The overall process of cryptocurrency investing, as I see it, can be broken into three main segments (not counting cashing out) which are:

    First time prep

    Buying in

    Storing/Managing your holdings

    First Time/One Time Prep — BEFORE YOU BUY

    Before you do your first buy-in of cryptocurrency, it's important to cover a few of the steps to take for securing your personal data and identity, what equipment to obtain and set up and just in general setting up your environment for investing. One of the joys of cryptocurrency investing is being "your own bank." This is also one of the greatest risks. But it's also extremely valuable and important to be your own bank if you're serious about investing in cryptocurrency…because as the saying goes, if you don't hold the keys you don't hold the coins. In other words, never trust anyone or any other company to hold your cryptocurrency for you…including Coinbase. Coinbase holds the private keys to your cryptocurrency and therefore they effectively "own" your crypto if you keep it there. Before discussing personal security steps and personal data management, it's important to quickly discuss how cryptocurrency is stored and kept secure…and how you own it, how is it assigned to you?

    The Public Address

    The "crypto" part of cryptocurrency is that there are two sides to this coin (pun intended). A public and a private. If you know a little about blockchain, you know it's a public ledger. This ledger tracks transactions and is able to be seen by anyone. For example, you can visit any explorer for any blockchain right now and see transactions sent and received by individuals. You can click on a sender or receiver and see their current wallet balance for any given address. The sender and receiver are public addresses on the blockchain….on the ledger. That complex looking string of numbers and letters for each (sender or receiver) is what's called a wallet address. So a wallet is nothing more than a unique line of code that identifies a ledger entry on the blockchain. It's not a special account somewhere or something you need to install on your system or something you can just dream up…although you can create a wallet address using software that is designed to understand the algorithms used within Bitcoin, Komodo, Utrum, etc so they create unique and valid blockchain addresses…and you can use something you dreamed up (like a passphrase or seed of words) to help such software create that code…ultimately the wallet address is generated using calculations that are according to standards based on the cryptocurrency itself. Part of this process also ensures the uniqueness of each address, so no two addresses are the same. So a wallet is also referred to as an Address, or Public Address, or even can be called your Public Key…as it's something that can be seen by the public on the blockchain and can receive payments by others from their wallets…and doesn't necessarily put you at risk in sharing it.

    Utrum.io

    submitted by /u/Diamondbea
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    APEX Network CEO Jimmy Hu selected by Hurun Report as “2018 Hurun 30X30 Entrepreneur Leader”

    Posted: 29 Sep 2018 12:04 AM PDT

    Less Than 1 Percent of Pornhub Subscribers Are Paying With Crypto

    Posted: 28 Sep 2018 08:57 AM PDT

    ARK Core v2: Final Testings

    Posted: 28 Sep 2018 10:35 AM PDT

    5 Types of Payment Solutions That Enable The Instant Use of Cryptocurrencies For Everyday Purchases

    Posted: 28 Sep 2018 04:36 PM PDT

    Cryptocurrencies are Commodities, says U.S. Federal Judge

    Posted: 28 Sep 2018 12:31 PM PDT

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