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    Cryptocurrency Daily Discussion - May 15, 2020 (GMT+0)

    May 15, 2020

    Cryptocurrency Daily Discussion - May 15, 2020 (GMT+0)

    Daily Discussion - May 15, 2020 (GMT+0)

    Posted: 14 May 2020 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:

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 The prior exemption for karma and age requirements is no longer in effect.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

    To see prior Skeptics Discussions, click here.

    submitted by /u/AutoModerator
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    Ransomware Gang Demands $42M or it Releases Trump’s ‘Dirty Laundry’

    Posted: 15 May 2020 12:49 AM PDT

    Reddit about to beat Facebook, Telegram and most ICOs with an actually useful token

    Posted: 14 May 2020 01:51 PM PDT

    Yesterday 900 Bitcoin were mined; I bought one of them.

    Posted: 14 May 2020 08:45 AM PDT

    That is all. Regardless of what price does, I've got that Bitcoin. It can't be confiscated, censored, and the fed can't print more to make their elite billionaire buddies rich. With 36 million multi-millionaires in the world and 21 million Bitcoin, this one's mine. That means something to me and I suspect in the years to come more will feel the same way.

    submitted by /u/warrchaser
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    Canada showing us why CryptoCurrencies will be the future.

    Posted: 14 May 2020 10:14 AM PDT

    The Brave Browser (BAT) Hits 4.8M Daily Active Users In April

    Posted: 14 May 2020 04:17 PM PDT

    MiL.k Partners with popular South Korean retailer Shinsegae Duty Free to expand crypto rewards market in South Korea

    Posted: 15 May 2020 12:52 AM PDT

    The Fed just started buying $750 billion in corporate bonds (ETFs), potentially breaking the rules of their own charter.

    Posted: 14 May 2020 09:31 AM PDT

    CoinMarketCap removes evidence of wash trading on Binance

    Posted: 15 May 2020 04:10 AM PDT

    MOONS distribution - top 100 /r/CryptoCurrency users got 53% of the initial MOONs distribution

    Posted: 14 May 2020 06:25 PM PDT

    Tether passes XRP and takes the #3 spot

    Posted: 14 May 2020 10:32 PM PDT

    Just imported my Vault Wallet into Brave, worked flawless. Hopefully it will get a proper Brave integration in the future.

    Posted: 15 May 2020 02:49 AM PDT

    How are these scams still a thing???

    Posted: 14 May 2020 12:47 PM PDT

    pTokens: the ERC-20 token version of other, non-Ethereum blockchain currencies

    Posted: 15 May 2020 03:24 AM PDT

    Reddit’s Blockchain Rewards Will Migrate to Ethereum by 2021

    Posted: 15 May 2020 04:30 AM PDT

    You can send Moons/Bricks using just a Username! This is incredible!! Good Job Reddit ��

    Posted: 14 May 2020 01:47 PM PDT

    Not even hiding it now. Used to be transferred from Tether to unknown wallet and then unknown wallet to Binance

    Posted: 14 May 2020 03:57 PM PDT

    What makes you believe ETH will rise/fall? What fundamentals make it any better or worse than BTC? Why do YOU invest time and money into either?

    Posted: 14 May 2020 09:35 AM PDT

    I've been a longtime lurker of Cryptocurrency and I enjoy the ride this whole experiment has created. I'm a Social Studies teacher and I'd like to know more about other people's experiences and perspectives. I've had some of my classes participate in crypto simulators and it's probably the most fun I have all year. Any and all subjective insight is welcome.

    submitted by /u/Roadscholar
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    VISA have just applied for a patent on digital currency held on a private distributed ledger and pegged to a fiat currency.

    Posted: 15 May 2020 04:03 AM PDT

    Ukraine pilots CBDC on Stellar (XLM)

    Posted: 15 May 2020 12:57 AM PDT

    "Before launching the Pilot Project, NBU specialists studied technical and technological means for building innovative online retail payment services (including at the level of banks), the popularity of which grows globally. Review and comparison covered both the systems that functioning on innovative distributed ledger technologies solutions and the systems with the classical architecture that uses relational databases."

    "Based on the above criteria, the NBU selected the distributed ledger technology, in particular the private version of the Stellar protocol, to study opportunities of issuing e-hryvnia and to carry out the Pilot Project."

    https://bank.gov.ua/admin_uploads/article/Analytical%20Report%20on%20E-hryvnia.pdf

    This is something that went under the radar, something to keep an eye out for.

    submitted by /u/cryptocaptain777
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    Crypto Twitter Activity Reaches 2-Year High

    Posted: 14 May 2020 02:50 PM PDT

    Most downloaded blockchain applications

    Posted: 14 May 2020 09:05 PM PDT

    I wanted to make a list of all the blockchain projects with good user numbers. We all want to see this technology succeed, so I thought I'd share a list of blockchain projects that are succeeding; however, finding projects that used blockchain technology AND had a large user base was more challenging than I anticipated.

    Of all the industries claiming they're the unicorn that will propel blockchain technology into the hands of mainstream users, gaming, social media and communication applications of blockchain tech appear to have gained the most traction and are showing positive growth (of users, not necessarily price). However, I'm not entirely sure I'm a fan of the gaming side of things. It seems blockchain is mainly being used for microtransactions, which isn't really groundbreaking when non-blockchain microtransactions already work (almost too well) - so I've chosen to omit blockchain games from this post.

    Here's a few of the most downloaded blockchain applications available on Google Play for communications and social media (iOS omitted as I can't view download numbers)

    Brave

    I had reservations about including Brave in this list because it isn't strictly speaking a blockchain project, though it does utilise the Ethereum blockchain for it's Brave Rewards features (Basic Attention Token).

    Brave is on a mission to fix the web by giving users a safer, faster and better browsing experience while growing support for content creators through a new attention-based ecosystem of rewards. Brave is built by a team of privacy focused, performance oriented pioneers of the web, including the inventor of JavaScript and co-founder of Mozilla.

    +10 million downloads on Android

    LBRY

    LBRY is one of the first digital marketplace to be controlled by the market's participants rather than a corporation or other 3rd-party. It claims to be the most open, fair, and efficient marketplace for digital goods ever created, with an incentive design encouraging it to become the most complete.

    +100k downloads on Android

    Session

    Session is a decentralized end-to-end encrypted messaging application running on the Loki blockchain and available on iOS, Android, macOS, Windows and Linux operating systems. Session fuses together modified versions Monero and Signal to create a communications network with a strict focus on user privacy and metadata protection.

    +100k downloads on Android

    I believe these three applications actually stand a chance in eating away at some of the market share held by existing products like Google Chrome, YouTube, or Telegram, which in turn should bring more attention to blockchain technology.

    • Google Chrome uses your data to create ad revenue, but doesn't share it with you. With Brave, you have to opt in to see ads, and you get paid for viewing them.
    • YouTube is known for deplatforming it's users, and they can do that because they have all the control. With LBRY, there is no central control, there is no platforming users.
    • Telegram is often referred to as an end-to-end encrypted messaging application, and that's true, but it isn't encrypted by default. With Session, E2EE is default, there are no phone numbers, and no central servers.

    In hindsight it seems obvious, some of the most visited websites today - like Facebook and Reddit - are websites that connect people together. So it stands to reason that some of the most popular decentralised applications would be social media and communications based.

    If you guys know of some other blockchain applications that are succeeding with high user numbers let me know.

    submitted by /u/EskimoHo
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    I Saved $60 per Year, Forever, by Hosting my Website on the Blockchain

    Posted: 14 May 2020 08:33 PM PDT

    CoinFlip Launches CoinFlip Preferred, Offering a High-End Cryptocurrency OTC Trading Experience

    Posted: 14 May 2020 02:55 PM PDT

    Masternode Raspberry Pi Project

    Posted: 15 May 2020 01:52 AM PDT

    Hey everyone,

    Since I'm currently on lockdown, I decided to get a Raspberry Pi and start a little project to get a deeper understanding of crypto and help out the network with my bandwidth.

    I found very good tutorials on setting up BTC Masternodes, as well as Lightning Network Nodes.

    Before I get started I wanted to ask if there are other (maybe new) coins/communities I should consider? I'm well aware that I probablty won't make any money with this whole thing, earning the tiniest bit of rewards would be quite an incentive though. A tight-knit community with people helping me along the way would also be very sweet. I don't plan to throw a lot of money on this.

    Happy for any constructive ideas.

    ​

    x

    submitted by /u/kevinos86
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