Cryptocurrency Daily Discussion - April 23, 2019 (GMT+0) |
- Daily Discussion - April 23, 2019 (GMT+0)
- Golden Cross Forms on Bitcoin for First Time Since 2015 in Major Indication of Start of Bull Market
- I thought this was cool. Yelp added a filter to sort businesses that accept Cryptocurrency as a form of payment
- I bought this pizza directly with Bitcoin (Deli News Pizza in Long Beach, CA)
- Waltonchain announces the official launch of #Waltonchain’s first global #smartretail #application Child Chain, #DMTC, which integrates the Smart Agriculture + Smart Micromarket + Innovative Retail concepts to empower the #Agriculture industry!
- The average South Korean crypto trader took advantage of the bear market - average increased holdings by +65% over past year!
- Spotted in San Francisco
- Deloitte announced they will be developing its #blockchain solutions on #VeChainThor
- Neo finally on track to the perfect economic token model in NEO 3.0? Neo Github seems to say so.
- From the inside out, blockchain is evolving into a more mature system, and slowly making it easier for people with less expertise to get involved
- Japan, one of the most crypto-advanced countries, having legalized crypto as a means of payment in 2017, is preparing to share its experience with G20 finance ministers and governors.
- "Suckers Rally"
- CoinMarketCap wants to give its users more tools to weed out fake volumes, giving more power to their users to evaluate exchanges and give them tools to create their own view of the market.
- Decentralized Dapps Now Possible with Blocknet XRouter
- Walking at Istanbul grand bazaar market today. A lot of spices, jewelry, fake watches, carpets and suddenly a stand where you can buy/sell crypto. Adoption is real.
- Opensubtitles.org is now a verified Brave browser publisher. Alexa Rank: 1471!
- Portland State University Creates Blockchain Protocol to Combat Fake Drugs - Can be applied to any supply chain no matter its scale.
- Golden Cross..? What in Satoshi's name is this?!
- ParagonCoin founders paid themselves $463,000 for marketing their ICO - $10,159,787 net loss in 2018 - with only $4,353 in revenue
- Crypto OTC Service | What Should You Know About It?
- ICX P-Reps are coming!!
- With Brave Browser taking off, it’s inevitable you’ll want to learn about BAT
- The rise of Dapps
- Where are all the good mobile wallets? Why isn't anyone monetizing it yet?
- April 19, 2019 Week in Ethereum News
Daily Discussion - April 23, 2019 (GMT+0) Posted: 22 Apr 2019 05:12 PM PDT Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating. 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 exercise utmost caution before acting on any trade tip mentioned here. Rules:
[link] [comments] | ||
Golden Cross Forms on Bitcoin for First Time Since 2015 in Major Indication of Start of Bull Market Posted: 22 Apr 2019 05:02 PM PDT
| ||
Posted: 22 Apr 2019 05:22 PM PDT
| ||
I bought this pizza directly with Bitcoin (Deli News Pizza in Long Beach, CA) Posted: 22 Apr 2019 07:00 PM PDT
| ||
Posted: 23 Apr 2019 04:17 AM PDT
| ||
Posted: 23 Apr 2019 01:58 AM PDT
| ||
Posted: 22 Apr 2019 11:39 AM PDT
| ||
Deloitte announced they will be developing its #blockchain solutions on #VeChainThor Posted: 22 Apr 2019 10:16 AM PDT
| ||
Neo finally on track to the perfect economic token model in NEO 3.0? Neo Github seems to say so. Posted: 22 Apr 2019 08:53 PM PDT Proposed by: saltyskip. Acknowledged by: igormcoelho and erikzhang. The NEO community needs to Vote. Economic Model Adjustments, Consensus Node Rewards and NEO GAS Inflation #326 This NEP will propose an economic model adjustment to the distribution of GAS created through mining, system fees, and network fees. Additionally it will propose a permanent inflation to GAS mining in the NEO ecosystem. With these changes it will provide a clearer seperation of concerns between NEO (the governing token) and GAS (the utility token), as well as better align the incentives between the NEO holders and consensus nodes. MotivationLet us first consider three goals of the NEO network protocol Goal 1: Have network fees be low while being resistant to spam attackGoal 2: Effectively reward consensus nodes while still aligning their interests with NEO holders/usersGoal 3: Encourage circulation and spending of GAS within the NEO ecosystem From this point on, I will use NEO holders and NEO network users interchangeably, as functionally they are the same group of people I have distilled these goals based on discussion located here along with other discussions amongst the community. In the current iteration of NEO, none of these goals are being properly met, but we can work towards achieving them in NEO 3.0. In order to achieve these goals. I propose three necessary changes to the protocol. Action 1: Network fees are no longer distributed to consensus nodes, but instead NEO holders.Action 2: GAS generation does not go to zero in twenty two years but instead asymptotically levels off to a fixed inflation rateAction 3: Consensus nodes collect a percentage of mined gas indefinitely, instead of network fees I believe with these three implementation changes we will be able to effectively achieve the three goals that I have mentioned above. RationaleLow Network Fees and SpamCurrently the NEO network has 0 fees which makes it susceptible to apam. We have already seen spam attacks carried on the test network, and most recently on the main network as well. The natural solution to spam attacks is to
This will generally render spam useless or require the spammer to pay more and more money in order to continue his attack. The problem with this solution is that it HARMS NEO holders and HELPS consensus nodes. Let's consider an escalation in a fee war between a spammer and the users of the NEO network. As the fees gradually rise, the consensus nodes will continue to get more and more profits while the users of the network suffer. This creates a perverse incentive where the consensus nodes actually have an incentive to spam the network because they will collect all the fees associated with the spam. So in the current iteration of Network fee implementation, consensus nodes and spammers prosper from high fees while users suffer. If we adjust so that network fees are instead paid out to the NEO holders, then the spammer will be paying the network users to continue his spam attack. If the attacker's goal is to harm the NEO network paying large sums of money to the NEO holders is completely counter productive. Users will effectively be subsidized in a fee war by the spammer, and although it maybe annoying is signficantly less harmful than the previous solution. There is one big problem, in this scenario we have completely removed the incentives for consensus nodes entirely. We will disccuss how to adjust the model so that consensus nodes can still be rewarded in this system later. However, with this adjustment I believe we have achieved Goal 1, which is keeping network fees as low as possible while still being resistant to spam attacks. Asymptotic Gas InflationCurrently as stated in the whitepaper, gas generation is meant to bootstrap the network and distribute it amongst NEO holders, and while this is a good goal, it leads to many problems. In this system GAS becomes a deflationary currency over time. This means it encourages the hoarding of GAS rather than the spending of GAS. We see this time and time again with crypto assets that try to be a "means of transfer." If something is meant to be used as good means of transfer (utility coin) as opposed to a store of value it SHOULD be inflationary. GAS will not be able to fulfill its main purpose of utility if it is a deflationary currency. To make matters worse, the deflationary nature of GAS is accelerated by not only lost GAS, but also by NEO black holes which continually accumulate GAS, and remove it from the system entirely. We can combat black holes by making sure that the amount of GAS lost to it always remains below the inflation rate. This makes the GAS supply more stable, and disincentivizes users from hoarding GAS. Encouraging users to spend GAS on network fees and system fees (as well as for purchases outside of the network) will, in the long run, be much more positive for the NEO ecosystem. We are extremely lucky to be able to leverage the dual token model to have one asset be used as a store of value, and one asset to be used as a means of exchange. Deflation is good for a store of value, and inflation is good for a means of exchange. Making GAS inflationary solidifies the use case and seperation for NEO and GAS instead of blurring the lines. So by making GAS inflationary we have achieved Goal 3 which is encouraging use and spending of GAS in the NEO ecosystem. Consensus Node RewardsWith inflationary gas we can now effectively reward consensus nodes without ever putting them in conflict with the users. Consensus nodes can now be rewarded with a fixed or percentage amount from the mined GAS, so that they are always incentivized to keep producing blacks, and the network stable because that is their only source of income. They do not have to worry about any sorts of fees, and are encourage to maintain a passive role in the ecosystem. They will be encouraged to find the best ways to keep block times low, and network uptime very high which also benefits users. Thus we have achieved goal #2 of effectively incentivizing consensus nodes without having any conflict between them and the users. Finally running consensus nodes has as fixed cost associated with it. It should have a fixed reward as well SpecificationThe main parameters we need to consider are the inflation rate, and the ratio of mined gas that is split between the consensus nodes and NEO holders. However more discussion is needed about the proposal at hand before these parameters can be considered Edit: Added erikzhang[link] [comments] | ||
Posted: 23 Apr 2019 01:46 AM PDT
| ||
Posted: 23 Apr 2019 02:16 AM PDT
| ||
Posted: 22 Apr 2019 10:46 PM PDT We have all seen the classic "wall street market cycle" graphic and many of us believe we are headed into a bull market. With this in mind, I have told myself many times "this isn't real, its a suckers rally, it's just too good to be true." As I haven't sold and am not waiting to buy back in, I suppose it doesn't really make a difference to me (yes hindsight is 20/20) on how I will change my holdings going forward, but those that aren't convinced, what will it take for you to really feel the bull market has come. I am definitely skeptical to think the pain is over after being down almost 90%, but as we keep rising and seeing these "signs" of the bull market I can't help but think we might really be there. For you skeptics, what is it going to take for you to believe that bears are in hibernation and we are in a new cycle? I would love some good discussion that I can actually pick-up some insight from, so if you could reply with serious opinions as well as abstain from attacks towards others with conflicting opinions, that'd be great. Thanks!(: [link] [comments] | ||
Posted: 22 Apr 2019 07:14 PM PDT | ||
Decentralized Dapps Now Possible with Blocknet XRouter Posted: 23 Apr 2019 04:19 AM PDT
| ||
Posted: 23 Apr 2019 04:01 AM PDT
| ||
Opensubtitles.org is now a verified Brave browser publisher. Alexa Rank: 1471! Posted: 22 Apr 2019 10:32 AM PDT
| ||
Posted: 23 Apr 2019 03:39 AM PDT
| ||
Golden Cross..? What in Satoshi's name is this?! Posted: 23 Apr 2019 04:13 AM PDT Hey r/cc, I've been seeing the beginnings of media sensationalism surrounding the idea of "golden cross" on BTC, and how that means bull market, moon, maybe even Mars? Before they go too crazy, I'd like to share some perspective. Can you, Redditor, say that you know with certainty what a "golden cross", or "death cross" is and what it means? If your answer is yes, then the below might not be very helpful for you. Those of you still reading, let's get down to business.
Quick breakdown: imgur * Short term moving average - usually 50 [time periods] * "Angling up" - the moving average is a line on a candle chart. If it's heading up, and crosses a longer term moving average from underneath, it's a golden cross. If it drops past it from above, it's a death cross. * Longer-term moving average - usually 200 (time periods) * (time periods) - In stocks, most refer to the daily chart. The longer the time frame, the more broad the scope of a trend change. Trend change? What trend change? Does a golden cross mean that we've gone from bear season crypto winter to bull stampede?! This is what a golden cross means: price had been heading down for a while, had flattened out, and has recently gone up a good bit. The moving averages criss crossing does an excellent job of telling us what the market has done... ...but what can it tell us of what the market is going to do? Directly, not a whole lot, but indirectly we can consider some things. Consider for example how a bottom forms in financial markets. Most of the time, a market doesn't make a V-shaped bottom, but instead the selling gradually fizzes out. As the selling slows, and investors begin to regain confidence, price starts to rebound. This shift from bearish to bullish isn't like a switch flipping, instead it's like an orchard budding in the cool spring air with little flowers of good news and positivity spreading across the landscape. Then, right on schedule, a golden cross appears. It confirms what everyone has started to see recently - spring is in the air! As long as the sentiment stays positive, even with the potential of a correction, then the golden cross will have been right again. TL:DR - a golden cross happens after sentiment has switched to bullish, but in many cases the sentiment persists after the cross, fueling further gains. If you enjoy trading and are looking for some some help, we think you'd really benefit from our guided experience at Voodoo Crypto. [link] [comments] | ||
Posted: 22 Apr 2019 04:50 PM PDT Read their SEC filing here: https://www.sec.gov/Archives/edgar/data/1771087/000147793219001281/paragon_1012g.htm Another example of an ICO going wild 3.5mm spent on marketing "During 2017, we paid $463,000 to an entity owned ultimately by Egor Lavrov, a related party, for marketing services related to our Token Crowdsale." [link] [comments] | ||
Crypto OTC Service | What Should You Know About It? Posted: 23 Apr 2019 04:37 AM PDT
| ||
Posted: 22 Apr 2019 01:01 PM PDT
| ||
With Brave Browser taking off, it’s inevitable you’ll want to learn about BAT Posted: 22 Apr 2019 09:36 AM PDT
| ||
Posted: 23 Apr 2019 02:15 AM PDT
| ||
Where are all the good mobile wallets? Why isn't anyone monetizing it yet? Posted: 22 Apr 2019 09:50 PM PDT I've paid for apps before for stupid little tasks that I needed. I don't understand why no one has made a decent wallet yet. I'm not trying to throw shade at current wallets, but they seem to have a lot of funding and are missing features people would actually want to use an app for. I love using them to browse dapps and some do a pretty good job, but where are the localization features? Stores and services that accept crypto in the area, local people looking to trade, hiding available funds? I feel like they mostly do a good job at just storing and sending coins... somewhat securely and reliably. I just notice my bank app offers me places with discounts, tap to pay, and easy fiat exchange options. I feel like wallets have a lot of space to grow and pretty much stop at the basic features and haven't done much lately. A few wallets that I think are the leaders on ios: Enjin: They pretty much pioneered the collectibles on eth and have nice decentralized exchange options but are limited to eth tokens (a great selection), exchange and collectibles. Overall very secure and functional. plz dont hate me: Tron wallet is actually really nice. It has exchange, dapps which are mostly gambling, staking (selecting delegates), and decent security features. I'm not endorsing Tron but the wallet is really nice and has worked so far. BlueWallet: Decent, fast, has dapps (lapps). It gets updated a lot and only handles btc lighting and segwit. Has a decent exchange in the dapps and some fun games and stores. Doesn't feel very secure though, I wouldn't throw a lot of btc into it, although it hasn't lost me funds yet, but it has had some failures early on. Its still fast and does more than store btc. Trustwallet: Is fast, seems pretty secure and handles some nice features. Not sure if what was on their twitter today is a problem but they aren't available now because of an ios app store ban? I hope they get through that they had some cool stuff like airdrops and nice dapp browser. Ethos: I wish it was a bit easier to navigate. It offers a unique selections of coins, although it isn't the fastest. It is a bit restricted and offers unique coin information boards. Aimed at being a more social crypto app, but the features pretty much end at the coin selection and social features. Natrium: Sends and receives nano fast and seems secure. Interface is smooth. I'm not trying to shit on wallets but there are plenty of bad ones. Please mention any standouts you have found. [link] [comments] | ||
April 19, 2019 Week in Ethereum News Posted: 22 Apr 2019 10:48 AM PDT
|
You are subscribed to email updates from Cryptocurrency news and discussions.. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States |
No comments:
Post a Comment