• Breaking News

    Thursday, November 29, 2018

    Home Unlabelled BTC U.S. gov sanctioning a Bitcoin address

    BTC U.S. gov sanctioning a Bitcoin address

    November 29, 2018

    BTC U.S. gov sanctioning a Bitcoin address

    U.S. gov sanctioning a Bitcoin address

    Posted: 28 Nov 2018 01:15 PM PST

    Please send me your debug.log files from the BSV and BCH stress tests

    Posted: 28 Nov 2018 03:30 PM PST

    I'd like to do some analysis of block propagation and block validation performance during the stress test, and I need some data. Can you give me yours?

    Specifically, I need ~/.bitcoin/debug.log files from as many different nodes as possible. II will be analyzing both BSV and BCH blockchains.

    Just sending me a link to your debug.log file is sufficient. But if you want to help me out a little more, I would appreciate it if you can rename the files so that they include your node's IP address or another unique identifier of your choice, like so:

    debug-85.230.89.116.log meta-85.230.89.116.txt

    or

    debug-jtoomim-moseslake-busv.log meta-jtoomim-moseslake-bu.txt

    The meta files are for any human-readable information you want to include about your nodes, like

    1. CPU type
    2. RAM
    3. SSD? HDD?
    4. Location
    5. Bandwidth
    6. VPS or dedicated
    7. dbcache setting
    8. Whether ntpd or another clock sync method was correctly configured during the test
    9. IP address (if you're willing to share it publicly)

    To check your system clock, you can use timedatectl status (Ubuntu) or ntpdate -q pool.ntp.org (most linux distros). My analysis depends on relatively accurate timestamps, so this is by far the most useful piece of information for me.

    If you have any other data that you've collected, such as CPU usage statistics or bandwidth monitoring data, feel free to give me a link for that as well.

    If you want to not post any of this publicly, you may email me at jATtoomDOTim and tell me which (meta-)data you want me to not repeat without permission.

    If anyone else wants to look through this data, let me know and I will put it all in a public repository somewhere.

    The intent is to do an analysis similar to the one I did for the Sep 1st stress test. I believe /u/rinexc managed to log some stratum header information from SVPool, and we also saw 6 orphaned blocks from SVPool alone, plus quite a few from other pools, so I think there's going to be some interesting stuff to find here. I also have an analysis of an incomplete, early dataset here.

    If your debug.log files are very large and you don't have a good way to get them to me, please message or email me with your ssh pubkey (ssh-keygen -t rsa; cat ~/.ssh/id_rsa.pub) and the file size, and I'll give you instructions on how to upload it to one of my servers.

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

    CZ Binance "Nothing to worry about." Funds just being moved for routine security purposes.

    Posted: 28 Nov 2018 11:05 PM PST

    A quick reminder.

    Posted: 28 Nov 2018 07:39 AM PST

    Roger Ver Keynote Presentation - CNBC Future of Money 2018

    Posted: 29 Nov 2018 12:06 AM PST

    An open letter to Roger Ver, Jihan Wu, and voluntaryists. Peer-to-peer trade makes "Government" obsolete. If we can create a peer-to-peer economy at scale, then a voluntaryist society will form as a result. I believe to have outlined a network structure for achieving a peer-to-peer economy at scale.

    Posted: 28 Nov 2018 12:32 PM PST

    An open letter to Roger Ver, Jihan Wu, and voluntaryists. Peer-to-peer trade makes "Government" obsolete. If we can create a peer-to-peer economy at scale, then a voluntaryist society will form as a result. I believe to have outlined a network structure for achieving a peer-to-peer economy at scale.

    This theory has taken me the better part of a year to refine. The theory takes significant time to fully understand. Anyone who is willing to learn/question/critique the theory I am happy to do discuss with you as long as you are willing.

    -----------------------------------------------------------------------------------------------------------------------------------------

    1. Central Theory Assumptions

    1. A peer-to-peer economy removes the centralized middleman from trade
    2. By removing the centralized middleman, it becomes economically impractical for mafias to surveil and extort trade among peers
    3. Peer-to-peer trade involving no middlemen or mafias would reduce the price for the same products and services by 40%-60%
    4. 99.9% of people in society, when given a choice, will choose the product/service that is 40%-60% less expensive, assuming all other variables remain constant
    5. If a hypothetical peer-to-peer economy can be created at scale, then a mostly voluntary society will be created as a result.

    2. What is Needed to Create a Peer-to-Peer Economy?

    1. Permissionless Value Transfer (Bitcoin
    2. Permissionless User Identification/Reputation
    3. Permissionless Matchmaking (Efficiently match producers with consumers)

    2.1 How to Create Permissionless Identification?

    1. A Bitcoin address represents the user's ID (not for payments, just ID)
    2. A human readable name system is layered on top of Bitcoin address ID creation. Names can be freely registered with any competing provider.
    3. Users are free to submit or not submit hard documentation to competing identity verification companies who will attest to the user's real world identity, to their Bitcoin address ID.
    4. Users link all reputation, broadcasts, content, server address info, and payment addresses to their Bitcoin address ID for discovery from other network participants.

    2.2 How to Create Permissionless Matchmaking?

    There are 7 layers of competition. The blockchain is at the center of the network, and users are at the perimeter. If at any point a network participant falls subject to censorship from mafias, or attempts to monopolize a component of the network, it will be replaced through open competition:

    1. Competing Blockchains: If a blockchain's defining characteristics of permissionless value transfer and data storage are compromised, then competing forks will replace the compromised chain.
    2. Competing Server: Servers compete to offer censorship resistant hosting service at the best price. Servers are a localized extension of the blockchain.
    3. Competing Indexes: Indexes sift through broadcasts made to the blockchain (and its linked servers) and organize information in a searchable format. Indexes can be thought of as 'miners' of the network.
    4. Competing Protocols (dapps): Dapps are open protocols within the network. Anyone is free to participate, not participate, or create new protocols.
    5. Competing Moderators: Moderators identify spam, scams, and trolls in the network. Users report bad actors to the moderators. Spam/scams/trolls cannot be removed from the network itself, but moderators prevent them from being observed in the user's client. The user is free to choose any moderator in the network or none at all.
    6. Competing Clients: Clients compete to offer the best user interface to the network.
    7. Competing Users: Users compete to offer the best products/services/content at the best price.

    https://i.redd.it/9btv0n7uo4121.png

    Any dapplication representing an intangible network (business) can be created as an open protocol within Freedom Network. All dapp broadcasts, content, and information will be published to the blockchain (or linked servers) for discovery by all users in the network. Indexing services sift through broadcasts made to the blockchain (or linked servers), to provide an easily accessible index for querying. Users query the indexes, and then make requests directly from peer to peer for desired content/trade.

    ------------------------------------------------------------------------------------------------------------------------

    Use cases (dapps) of the network are outlined here
    https://drive.google.com/file/d/1Ip_NEsPuzxIjABd50GNfJ3wn4_q7d1ZS/view?usp=sharing

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

    From the ring to Twitter: Mei Yamaguchi stands up to SV Maximalist Rory Macdonald!

    Posted: 28 Nov 2018 08:12 PM PST

    BSV Supporter: "In a perfect world all miners will be known entities. This would greatly increase trust in the system."

    Posted: 28 Nov 2018 11:40 AM PST

    Does ABC really want to reduce block times?

    Posted: 29 Nov 2018 12:57 AM PST

    Ryan X Charles claims (https://www.youtube.com/watch?v=hP--3vefHXo&feature=player_embedded, around 11.30) that ABC wants to reduce block times.

    Is it true? And if yes, why?

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

    How to onboard merchant and users on Bitcoin Cash for dummies

    Posted: 29 Nov 2018 12:11 AM PST

    Hello

    I thought that I could share my experience on onboarding merchant and users. I managed to onboard one merchant in 2018 and some users.

    I work in sales, I apply the same methodology I use for adoption. So to begin with, I'll explain some basic concept in sales:

    • Target audience: this is the people that you want BCH adopted by
    • Qualify: it's to know if your target audience is available, in need of BCH right now.
    • sales pitch : what's the benefit of Bitcoin Cash vs current situation?
    • Sales cycle: users can be onboarded in a single shot. For merchants, you may have to pitch them once and come back to close the deal.

    Now that I have laid off some concepts, we're going to see how this works first with users and for merchants.

    GUIDE FOR ONBOARDING USERS

    1) Find your target audience around you: you need to find users that are interested in BCH. Of course, BCH is for everyone. Right now we're talking about early adopters, so it will probably be easier to focus on either: - people you know: friends, family, coworkers... - people that have an interest in what BCH provides : new tech, financial freedom for the world... So engineers and libertarians are a good place to start. How to find them? Meetups, associations, your local bar...

    2) Qualify: there is not much to qualify here, just find the right time to talk about BCH

    3) Pitch: I generally onboard people with 1€ on a Bitcoin.com wallet without saying anything much more. I explain Bitcoin Cash is the cash version of Bitcoin. If you have time and you think someone might be interested in more, you can talk about the benefits of a cross border currency and so on. Users can become ambassadors also. You can also offer your friends to refund your friends with BCH when they buy you a drink for instance.

    4) Follow-up: if you can keep track of the users you've onboarded, the better. Over time, you'll know what works, and what doesn't

    GUIDE FOR MERCHANTS

    1) Target audience: any type of business can be opened for BCH of course, online or IRL. Some businesses have some incentives to use BCH : - Online businesses - Businesses that have common values with BCH: technology, freedom, etc...

    2) Qualify: once you know which business you want to onboard, you need to do some research: - how they can implement BCH as payment? Do they need a point of sales or just use a phone? How can they configure online payments? - is it safe for them? How can they comply with regulations ? - Is it the right time for them? Meaning: if they are currently focusing on something else, they might not be available - Can they earn money? What about BCH price?

    3) Pitch: once you've qualified your target audience, doing your pitch will be much easier. From my own experience, it goes like this: - find your target audience email or Facebook page - send them an email about how you want to help them use BCH as payment with a 20 min appointment off their work hours - Pitch them at the first appointment using 1€ in a BCH wallet - Answer all the questions they can have for their business, explain they can have new type of customers - you might need to wait for a second or a third appointment to close the deal. Don't push, be helpful and transparent. Don't sell price increase as it can backfire, this is a strong argument and it worked from my own experience. But now my merchant don't want to use BCH for payments, just for tips only, since the price dropped.

    4) Follow up: keep track of your merchants, have a professional email where they can reach you. Be a regular customer of their shop. Drama is a big turnoff for newbies, especially for business, so try to avoid it if they come up with questions about other crypto like BTC or BSV or any others.

    REAL LIFE EXAMPLE

    1) Target audience: I wanted to do meetups in Paris so I focused on geek and libertarians bars. I used google maps to find the bars I targeted.

    2) Qualify: I had two bars that were interested, first one helped me to prepare the second. I did qualify during the appointments I had with them, but I strongly recommend being well prepared to start with.

    3) Pitch: First I emailed them on Facebook and got them to accept a short meeting. Second I tried to explain how they can implement BCH easily using their phone and a wallet. Three, I organized a meetup in their bar for them to make money with it. I also said that another bar in my area made money with BTC, so they could try it also with BCH since it has low fees and it is in it's infancy.

    4) Follow up: I did all my meetups in the same place, I keep going there and I'm friend with the bar tender. Price drop was kind of annoying but he still enjoys being a BCH business. He still accepts BCH for tips since price dropped.

    —————-

    I hope that this will be helpful for all of you. Remember that to be a good BCH ambassador is not about making good pitches but more of being very well organized!

    Good luck with adoption in your area!

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

    Roger Gets Emotional with this current talk - CNBC Future of Money 2018

    Posted: 29 Nov 2018 12:38 AM PST

    BCH took quite a hit - but is recovering

    Posted: 28 Nov 2018 10:48 PM PST

    The current system is so deeply flawed that the current system relies on locking up people's wages and savings in order to sustain itself.

    Posted: 28 Nov 2018 11:27 AM PST

    Recently a friend of mine wanted to move some of her Roth 403(b) savings into other higher-growth vehicles (like cryptocurrencies). Like many people, we assumed that this was just a matter of paying a high penalty of 30-35% in order to get the funds before she gets older. Unfortunately this is not the case.

    The Roth 403(b) plan that her employer requires makes it impossible to remove her savings unless she demonstrates a financial hardship or medical expenses. Otherwise, the only way she can get it out is if she leaves her current job.

    Her employer never matched any funds going into this account. This was her own money, part of her own wages going into it. It's totally locked down.

    We are in a system that enslaves people. This system wants to prevent individuals from removing their own hard-earned money because they use that money from the masses to stabilize the too-big-to-fail banks.

    Further, to throw more salt into her wounds, they are offering her a loan (debt) against her own money at 5%. That's right. You can't have your money but we will lend it to you and require that you pay yourself back 5% every month. This guarantees that the system stays stable while individuals continue to be slaves for that system - even if they are a slave to their own money. Indebtedness is slavery.

    This is why cryptocurrencies exist. Not to be another tool for banks to enslave via custody of your coins, but to replace these fuckers for good.

    The next time you think about buying central-bank owned cryptocurrencies like Blockstream's BTC, Ripple or anything else central-banks fund, keep in mind that they mean to crack the whip, not to make you rich.

    Up to this point, Bitcoin Cash is the only global peer-to-peer electronic cash system that has withstood attack after attack from central banks.

    Power to the people.

    Edit: It's a Roth 403(b) not a 401(k).

    submitted by /u/masterD3v
    [link] [comments]

    Someone appears to have dumped all email addresses and plaintext passwords for Butterfly Labs customers

    Posted: 28 Nov 2018 02:56 PM PST

    18,181 email addresses and plaintext passwords were recently dumped.

    I won't link to the dump, but you can check to see if your email address was included by submitting your email to https://haveibeenpwned.com/.

    They provide a direct link to the "paste" if your email was compromised in the dump.

    Note that I am making the connection to Butterfly Labs because 299 of the email addresses/passwords reference "butterfly" or "butterflylabs," 146 reference "bitcoin" and 76 reference "miner."

    My best guess is that it is a dump of the login information for the Butterfly Labs customer list.

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

    When you have Bitcoin in your mind 24/7

    Posted: 29 Nov 2018 01:12 AM PST

    Will Crypto Crash Again? When Will the Market Correct Itself?

    Posted: 29 Nov 2018 02:08 AM PST

    BCH Upgrades: What’s New and What’s Next

    Posted: 28 Nov 2018 05:51 PM PST

    Bitcoin Cash Price Analysis: BCH/USD Approaching Next Break - Daniel Chiang

    Posted: 29 Nov 2018 12:49 AM PST

    UTXO Set sizes. ~8M BCH uptick is from stress test. Both up ~10% since post-fork lows(discounting stress test).

    Posted: 28 Nov 2018 07:49 PM PST

    CoinGeek in one picture

    Posted: 28 Nov 2018 01:50 PM PST

    Bitcoin Satoshi Vision - Permissioned Mining Proposal

    Posted: 28 Nov 2018 11:20 AM PST

    Despite yuuge blocksize cap and tiny mempool, there are stuck transactions on SV and we can see RBF happening

    Posted: 28 Nov 2018 02:58 AM PST

    If we could get the equivalent of reddit but replace vote with BCH, that would be awesome. People would pay with BCH to upvote content

    Posted: 28 Nov 2018 01:37 PM PST

    Grammarly is a keylogger

    Posted: 28 Nov 2018 08:08 AM PST

    Hey crypto friends,

    ​

    I see these ads for Grammarly all the time in this sub. Please don't use it. It is a keylogger. They store everything you type, including your passwords in their system.

    submitted by /u/ganesha1024
    [link] [comments]

    CSW and BSV psychological warfares

    Posted: 28 Nov 2018 10:21 AM PST
    Read more
    at

    No comments:

    Post a Comment