Wallets — Bitcoin

Mastercoin

[Mastercoin](www.mastercoin.org) is a new protocol layer being built on top of bitcoin
[link]

Devcoin: ethically inspired cryptocurrency

A community based around the Devcoin cryptocurrency, an ethically inspired project created to help fund FOSS developers, artists, musicians, writers and more.
[link]

NobleCoin

A crypto currency for the most Noble.
[link]

Microsoft patent 2020-060606 linking human brain to crypto payment system

Microsoft filed a patent 2020-060606 on June 20, 2019 for the link between the human body and the crypto payment system. It is a cryptocurrency mining system that uses human pulses such as brain waves and body heat to perform online tasks such as using search engines, chatbots, and reading ads. "A user can solve the arithmetically difficult problem unconsciously," says the patent.
In fact, this is a very brief description of a brain computer interface, which can read and write electromagnetic signals from the brain at such a finely meshed level that the brain literally becomes a biocomputer in a network. To understand that, please watch the video below and read on below. This is necessary so that you understand the current technological state of affairs.
Steve Hoffman - Brain Hacking & MindTech - Produced by DingDingTV
How cryptocurrency works The aim is that we are collectively hung in a hyve mind and it seems that what with crpyo-currency like Bitcoin still had to be done on energy-guzzling mining servers, can now be filled in by the “human bio-computer”.
The unique thing about blockchain payment systems was that as soon as you took a so-called wallet into the network, your computer formed a block in the network, where your computer receives a kind of calculation program that calculates the security key of a coin. All computers on the network must then come up with the same key as confirmation. If the entire network sees a transaction of a coin, all those keys are checked and if one is different, the transaction is illegal and rejected. That would create unhackable security.
The problem, however, is that Bitcoin mining requires a lot of computing power and that requires electricity. That's why Bitcoin mining ended up being one of the most energy-guzzling industries in the world. The Microsoft patent seems to aim at making this blockchain principle, which is not only very energy-guzzling, but also puts a heavy burden on the internet in terms of bandwidth (after all, all computers in the chain must always be checked for positive encryption), superfluous to make.
Simply put: Microsoft wants to use the human brain as a block in the blockchain. The 5G network will provide sufficient bandwidth to realize this.

Link digital ID, vaccination ID and social credit system:
The coronavirus pandemic provides the perfect alibi for the introduction of such a system. In concrete terms, this means that a score of your behavior (expressed in points) will initially be kept in the cloud. If you stick to the rules, you can take public transport or plane. If you don't follow the rules, your score will go down. The upcoming social distancing apps are a precursor to such a behavioral scoring system. After all, if you do not keep enough distance from potential infections, you have to quarantine at home. We also see China taking the lead there. Watch the video below and then read on.
Wuhan coronavirus covid-19 totalitarian UN propaganda?
Although Bill Gates officially retired from Microsoft's board this year, we can guess who the big driving force behind patent 2020-060606 is.
Of course, I need not point out to the attentive reader that we recognize here the Biblical number of the mark of the beast from the Bible book of Revelation: 666. It states that the time will come when no one will be able to buy or sell without to bear 'the beast'. This under the statement that this number is six hundred and sixty-six.
The same Bill Gates is behind the ID2020 initiative that wants to develop a digital ID for vaccination registration. If you combine such a digital ID hallmark with a digital passport (ID) and with patent 2020-060606, then you have completely enslaved people.

Revelation 13: 16-18
16: And it causes it to give a mark to all, small and great, and rich and poor, and free and servants, on their right hand or on their foreheads;
17: And that no one should buy or sell except he who has that mark, or the name of the beast, or the number of his name.
18: Here is wisdom: let him that have understanding count the number of the beast; for the number of a man is, and his number is six hundred sixty and six.

The "Official Gazette of the Kingdom of the Netherlands" announced on March 31, 2020 (“coincidentally”) change in law that allows a digital ID. Translated:
Kingdom Act of 6 March 2020 amending the Passport Act in connection with the introduction of electronic identification with a public identification means and the expansion of the basic register of travel documents.
We Willem-Alexander, by the grace of God, King of the Netherlands, Prince of Oranje-Nassau, etc. etc. etc.
All who will see or hear it read, salute! do to know:
Thus We have considered that it is desirable to amend the Passport Act in connection with the introduction of electronic identification with a public means and the extension of the basic register of travel documents;


The consequences:
So if we don't wake up in masses now and discover that we are witnessing a Psychological Operation that fully complies with the master script, then there is no escape. Then we cannot buy or sell anything if we do not meet all the requirements of the state. And to all, it really means all. Making a minor offense once has immediate consequences. Not cooperating with the vaccination obligation (think Bill Gates) will definitely mean the end of being able to travel and participate in society at all. You should consider the most basic things such as being able to buy food and drink.

We must step out of our programming and know that we are sovereign. Please read the article from the official journal above again. In it you see that you can fully rely on your consciousness sovereignty. You are sovereign by nature and no law can bind you to anything. It says "We Willem-Alexander, by the grace of God". Now let him prove "that grace of God".
Every law is signed by the king by the grace of God. There is no evidence whatsoever of this and so the law does not apply. The only problem is the fact that social systems have built up around that grace of God, to which many swear allegiance.
Do we sit back and relax until we are swallowed up by the system of "the internet of things" by the grace of God, or do we activate ourselves to concrete things? Concrete matters means that we have to switch from passive to active and discover who we are in potential and in essence.
submitted by JemIrie to conspiracy [link] [comments]

Everyday info sec, hardcore info sec, and DNMs

Edit: Currently writing a new version of this, dont know when it will be done.
Edit: Since first post I have updated a few sections with additional information.
I recommend reading it all even if it is very long, I might have placed some relevant info in different sections while thinking about what else needed to be added, plenty of steps remains mostly the same except when I comment directly on it. It is not necessary to do 100% security all the time, unless you absolutely need it, combining some high and some lower security ideas for a balance of security and convenience is useful.
I will base this mostly on Windows, Linux users probably know this, and I have no idea how apple machines work (tho many things in here are still relevant for other operating systems, as they are just general tips)
Disclaimer: There are certainly other steps that can make you more anonymous or safer, however I think for most people this will surfice. Any software I recommend should be independently verified for security, and examples of software are not to be taken as endorsements. I simply use examples and give recommendations when I believe it necessary, or helpful.
I will not really differentiate between anonymity and security, they are often the same thing. As such the word security can mean either more anonymous, less vulnerable, or both.
--------
Everyday Simple Info Sec:
-There could be a hidden administrator user on your PC, make sure to change its password
(Snapchat msgs, reddit dms, discord msgs, are just a few examples of msgs that are never encrypted)
-Any info even send in encrypted msgs (and obviously non encrypted) should still be kept with possible deniability, don't say "I'm gonna do MDMA", say "I'm going out with molly."
-DO NOT STORE ANY PASSWORDS ON GOOGLE, IF GOOGLE LOGIN IS AUTHENTICATED IT WILL AUTFILL ALL PASSWORDS IT HAS SAVED (same with other similar services) (This means if you are logged in to chrome and someone has access to your machine, they can auto fill passwords without entering a single password)
-use a rememberable passphrase, especially for your master key ring aka password manager A long sentence that is memorable makes an okay password (decent example,: "I met my wife at Little Ceasers for the first time on 07/09/20" better even if it's just something you know, if its impersonal, and if you can add special characters or numbers that you won't forget) (A better example for a passphrase is: "There is 0nly 0ne letter that d0esn’t appear in any U.S. state nameQ")
-Purge your internet activity frequently, there's a reason why I only have one post, and a few comments appearing in my account, but thousands of kama. Exposing information needlessly is not good.
-Never post private information publicly, and if you do, do it vaguely as possible. (Example: Not "I'm 15", say "I'm a teenager") Do not post any vital information ever, no birthdays, mother's maiden name, age, or anything you have ever seen in a security question. Never post your current activities while they are ongoing. You going on a vacation? Don't announce it to the world, taking picture there? Post them when you are home.
-Rethink how you do security questions. Many answers to security questions can be found in your internet history. One could use the first word of the security question as an answer, or a different sceme that will mean you always remember it. (Security question need to go, the amount of personal info an average person puts on the internet makes it easy to attack anything using security question)
-------_
High level crimimal information security:
The motto here is, "All the Security, All the Time" As one fuck up can end with you leaving a lick of traceability, and you could be fucked.
Pre Note: All of your software should always be up to date. Also even perfect info sec does not guarantee you are completely safe, a new zero day (exploit) can still fuck you, but good info security makes you significantly safer, by eliminating as many attacks as possible.
-Get a new device (or make a already owned device seem like you never owned it, do this only if you know how to, there's a lot of stuff that goes into that, like changing your mac adress etc) buy with cash, and your face covered, preferably far away from where you live. (Do I need to specify to not bring your phone or anything else that tracks your location to anywhere you want to go anonymously?) (Be aware that even hardware can have vulnerabilities, many cpus have known vulnerabilities, I can't list them all, do some research before buying)
-If you know how to use Tails (A linux distro designed for Info sec) use that, preferably on a USB. (Or learn how to use tails, its better, but complicated) Otherwise a clean copy of windows (make sure its not in any way associated with you) can do the job too, tho not as well. (Using a VM might give extra security, since VMs usually erase all data and RAM they were using on shutdown)
-Get a non tracking VPN, Enable the kill switch (a setting that disables all traffic that doesn't go through the VPN) (change your firewall settings to only allow the traffic from the VPN, windows guide (Change settings so only traffic from the tor application is send) Edit: (Due to complaints: do not use vpn over tor, use tor over vpn. tor over vpn has no notable downside, if the VPN logs it makes no difference, your ISP will always log anyways, and vpns remove other attack vectors and also provide backup security should tor fail. Again even if the VPN tracks you only change the people doing the tracking, but now you are further removed making it more anonymous and also with less vulnerabilities)
-rember privacy settings, cookie cleaner, and antivirus, password (There could be a hidden administrator user on your PC, make sure to change its password)
-Always use the device on a non admin account
-Ideally use this device only on networks that are not connected with you. Such as public networks (try to never use the same public networks twice, move around) (a home network should be fine now, as it should never be exposed, but more security is always better) (Its just a conveniences vs security trade)
-Never use accounts that have been exposed to lower security on higher security machines
-your browser is now TOR (or your preferred security focused browser, if you dont plan on using onion ) Make sure you get the standalone version of tor not the addon build (the standalone is safer, because there are less settings and options to tweak)
-Change your tor settings, to safest mode, enable a bridge (to my knowledge there's no difference in security between the build in bridges in tor), enable automatic updates, set duckduckgo onion as your primary browser. Set dark.fail onion page as your home page. (Or your preferred privacy search engine and onion directory)
-------_
How to use dark net markets (DNMs)
If you finished your High Security setup, we can dive right in. Otherwise go do that. This is where all that is essential.
Quick info on Tor, and onion sites. There is no search engine. It's all based of directories and addresses you are given by others. Tor will likely not be very quick, it has to pass through multiple networks to get to the destination. DNMs sometimes exit scam, an exit scam is when a market shuts down completely and takes all the money, this is a risk when using DNMs, it's not too common but happens maybe 0-4 times a year. The admins of thoese servers need to get out at some point, before they get jailed, so they exit the game, and scam everyone out of their money.
-A very useful onion directory is dark.fail it has a lot of links, for all kinds of stuff. News, email, DNMs, Psychonautwiki (harm reduction website), forums etc. (Other directories also exist)
-Pick a market, preferably one that handles secure connection server side instead of requiring you to establish the secure connection. Then create an account. Your account once created should include an entry box in your profile for a pgp key, post your PUBLIC key in there. (Verify the link is not a scam, most markets should provide a pgp signature)
-Next is currency setup. All major cryptocurrency exchangers can be used, I can recommend coin base but there could be better ones out there. Unless you find a small non U.S., exchange, they will always ask for your identity. So unless you can find a trustworthy exchange that doesn't ID, you will need to give it to them. (Side note, all major crypto exchangers report to the IRS, if the IRS asks you if you bought cryptocurrency and you bought while having IDed yourself SAY YES, DO NOT COMMIT TAX FRAUD WHEN THEY KNOW YOU DID)
-Transfer (monero you can send directly, btc you should scramble) to your wallet. There are two options a cold wallet (physical) or a software wallet. Software wallets usually dont cost anything so I recommend them, even if often less safe. Electrum is easy to use, and pretty safe. You can also do your own research and find a wallet that fits your needs.
-now you are ready to buy, only buy using escrow (it means the money is held by the market as a middle man until the product is delivered, they will also handle any issues like wrong quantity, cuts, etc), judge the reviews for a product, and if available look at the history of the vendor, until you find a product from a vendor you trust. (I recommend to buy within your country as much as possible, so it doesn't go through customs, it's very rare that something is found, but it can happen)
-now you get to buy, depending on market, you either have cryptocurrency stored in their wallets (not recommend, you will lose it in an exit scam) or you can send it every order. When you send your delivery adress (or the one you want it to go to) encrypt the adress using the sellers public key. Make sure the adress is correct.
-wait for the product, make sure to extend the escrow until the product arrives, if you can't extend it anymore dispute the order, and a moderator will step in
-test the product, use it, and leave a review. PLEASE LEAVE A REVIEW, DNMs only work because of reviews.
Edit: Didn't imagine I would write over 15000 words. Oh well, it was fun. Hope it helps, if you have any questions feel free to ask.
No idea how long this will stay up, I might purge it in 7 days, or never.
submitted by seven_N_A7 to u/seven_N_A7 [link] [comments]

How much help can Hierarchical Deterministic trees of keys help with key management for non-expert users?

I've recently been made aware of BIP32, which was invented to make "Hierarchical Deterministic Wallets" (HD wallets) in BitCoin. I was wondering what uses this could have outside crypto currencies most notably for your "regular" cypherpunk using tools like GPG or Age to communicate with their web of trust.
A deterministic tree of key pairs basically works like this: you start with a root key pair, that must be generated once and never lost or compromised. Then you generate sub-keys by hashing that root key with an easily remembered index). If a sub-key is lost, it can be re-generated from the root key. Now, BIP32 has two ways of generating sub keys, each with their own tradeofs.
Note: I'll use the following names from now on:
G -- Generator of the group (public constant) a -- root private key A = a.G -- root public key b -- child private key B = b.G -- child public key. i -- public index (each child key has its own unique index) 
Hardened keys are generated from the private half of the root key (over-simplified for clarity):
b = KDF(a, i) B = b.G 
Key derivation can't be reversed, so if the child key b happens to be compromised, the root key a is still safe. The advantage of the deterministic generation is that if you lose the child key (you dumped your cell phone, your hard drive fried…) you can re-generate it from the root key, and pretend you never lost it.
Non-hardened keys are generated from the public half of the root key, such that even third parties can generate it:
z = KDF(A, i) Z = z.G b = a + z -- modulo group order B = A + Z B = a.G + z.G B = (a+z).G B = b.G 
Anyone can generate the public key, but generating the private key requires knowledge of the root private key. As far as I know, this is safe, because breaking this scheme would mean that we have solved the Discrete Logarithm Problem. However, if a non-hardened child key b is compromised, so is the root key. z is public (derived from the public root key), so knowing b easily reveals a:
b = a + z a = b - z 
Unless I'm missing something, this means we should not store non-hardened key pairs less securely than we store the root key itself.

Is there a compelling use case?

I was wondering how useful those could be, compared to a simple hierarchy of certified keys, where child keys are generated randomly, and simply signed by their parent key? With those simple hierarchies, you'd simply rotate keys from time to time, and other people would know to trust the new key based on certificate from the parent (or chain of ancestors). If you lose a key, you simply rotate (and sign) a new one.
One obvious advantage of deterministic hardened keys is that we can achieve continuity without relying on a certificate. We can afford to lose them even if we don't have an easy way to rotate them. But… aren't we supposed to rotate keys to begin with?
Then there are the deterministic non hardened keys. I'm not sure what they bring to the table exactly: with Bitcoin, they help you make wallets on the fly without giving your root key to the wallet factory. If I understand correctly, compromising the wallet factory may compromise your identity (we can link its generated keys with your own public key by knowing the indices), but it won't compromise your money (the private halves are still safe, so only you can transfer the coins away from those wallets).
Outside of crypto currencies however, I'm not sure: there's little point sending a message to a non-hardened child key instead of its parent key, since a compromise of the child key is just as bad as compromise of its aren't. One could still generate child keys without revealing the indices, but if you're anonymous, why not just generate a one-time key pair?
Simply put: What a reasonable key management for the paranoid private citizen should look like?
submitted by loup-vaillant to crypto [link] [comments]

Spending an OP_HODL (CheckLockTimeVerify) address with Electrum.

I've been playing around with OP_CHECKLOCKTIMEVERIFY (op_hodl) for the last few weeks since I haven't found it easy to do in many wallets. Eariler I posted on using the CoinBin wallet interface (locally) to do it, and before that I posted a P2WSH bitcoinlib script to do it.
Today I finally sat down and wrote a script using only Electrum's API. You can run it as any Python script by having Electrum installed from source. Or if you're cavalier (and crazy) you can run it directly from the electrum console with the following command, assuming you put the script in C:\temp.
with open(r"C:\temp\elec-p2sh-hodl.py", 'r') as s: exec(s.read())
It should be noted, that one should NEVER do this, since it is effectively giving me control of your Electrum wallet (bad). It is coded to testnet if that is any consolation.
The script is designed to recreate TXN a8110...adc93, but with Electrum 4.0.4, the R-value grinding causes the signature size to differ, causing signature malleability. Apparently CoinBin and bitcoinlib haven't followed Core when they made this change in 0.17.0. The TXN is still valid, just with a different hash.
If you want to spend a different OP_HODL address, you can hopefully see the simple fields required to change.
References: * The new Electrum OP_HODL spend P2SH script * The bitcoinlib OP_HODL spend P2SH script * The bitcoinlib OP_HODL spend P2WSH script * Thread detailing how to spend a P2SH OP_HODL address in CoinBin * Thread initially discussing OP_HODL in general * The original PR to standardize R-value grinding in Bitcoin Core * Thread discussing my surprise at signature malleability * Request to implement R-value grinding in bitcoinlib
submitted by brianddk to Bitcoin [link] [comments]

Power of the Command Line (bitcoin-cli, hwi, electrum, trezorctl)

I think some of the console tools available with HW wallets today are greatly under utilized. Here's a quick write-up on how to create and sign a TXN very similar to 43d27...1fc06 found on the SLIP-14 wallet. I'll be using TrezorCTL, Electrum, and HWI for the signing. I won't go much into the setup or install, but feel free to ask if you have questions about it. Note, you don't have to use all three of these. Any one will produce a valid signed TXN for broadcast. I just showed how to do it three ways. Whats more some of the Electrum and HWI steps are interchangeable.
ColdCard also has a utility called ckcc that will do the sign operation instead of HWI, but in many ways they are interchangeable. KeepKey and Ledger both have libraries for scripted signing but no one-shot, one-line console apps that I know of. But HWI and Electrum of course work on all four.

TrezorCTL

This is the what most would think of to use to craft and sign TXNs, and is definitely very simple. The signing uses a script called build_tx.py to create a JSON file that is then used by the btc sign-tx command. The whole process is basically:
  1. tools/build_tx.py | trezorctl btc sign-tx -
This just means, take the output of build_tx and sign it. To copy 43d27...1fc06, I wrote a small script to feed build_tx, so my process looks like:
  1. ~/input.sh | tools/build_tx.py | trezorctl btc sign-tx -
But it's all very simple. Note... I used TrezorCTL v0.12.2 but build_tx.py version 0.13.0 1.

input.sh

```

!/bin/bash

secho() { sleep 1; echo $*}
secho "Testnet" # coin name secho "tbtc1.trezor.io" # blockbook server and outpoint (below) secho "e294c4c172c3d87991b0369e45d6af8584be92914d01e3060fad1ed31d12ff00:0" secho "m/84'/1'/0'/0/0" # prev_out derivation to signing key secho "4294967293" # Sequence for RBF; hex(-3) secho "segwit" # Signature type on prev_out to use secho "" # NACK to progress to outs secho "2MsiAgG5LVDmnmJUPnYaCeQnARWGbGSVnr3" # out[0].addr secho "10000000" # out[1].amt secho "tb1q9l0rk0gkgn73d0gc57qn3t3cwvucaj3h8wtrlu" # out[1].addr secho "20000000" # out[1].amt secho "tb1qejqxwzfld7zr6mf7ygqy5s5se5xq7vmt96jk9x" # out[2].addr secho "99999694" # out[2].amt secho "" # NACK to progress to change secho "" # NACK to skip change secho "2" # txn.version secho "0" # txn.locktime ```

Electrum

Electrum is one of the better GUI wallets available, but it also has a pretty good console interface. Like before you need your Trezor with the SLIP-14 wallet loaded and paired to Electrum. I'll assume Electrum is up and running with the Trezor wallet loaded to make things simple.
Like with TrezorCTL, Electrum feeds on a JSON file, but unlike TrezorCTL it needs that JSON squished into the command line. This is a simple sed command, but I won't bore you with the details, but just assume that's done. So the process in Electrum (v4.0.3) looks like:
  1. electrum serialize (create psbt to sign)
  2. electrum --wallet signtransaction (sign said psbt)
Still pretty simple right! Below is the JSON I smushed for #1

txn.json

{ "inputs": [{ "prevout_hash":"e294c4c172c3d87991b0369e45d6af8584be92914d01e3060fad1ed31d12ff00", "prevout_n": 0, "value_sats": 129999867 }], "outputs": [{ "address": "2MsiAgG5LVDmnmJUPnYaCeQnARWGbGSVnr3", "value_sats": 10000000 },{ "address": "tb1q9l0rk0gkgn73d0gc57qn3t3cwvucaj3h8wtrlu", "value_sats": 20000000 },{ "address": "tb1qejqxwzfld7zr6mf7ygqy5s5se5xq7vmt96jk9x", "value_sats": 99999694 }]}

HWI

HWI is an unsung hero in my book. It's a very small clean and simple interface between HW wallets and Bitcoin Core. It currently supports a good range of HW wallets. It keeps itself narrowly focused on TXN signing and offloads most everything else to Bitcoin Core. Again, I'll assume you've imported your Trezor keypool into Core and done the requisite IBD and rescan. And if you don't have the RPC enabled, you can always clone these commands into the QT-console.
To sign our TXN in HWI (v1.1.2), we will first need to craft (and finalize) it in Bitcoin Core (0.21.1). Like in Electrum, we will have to use simple sed to smush some JSON into command arguments, but I'll assume you have that covered. It will take an inputs.json and an outputs.json named separately.
  1. bitcoin-cli createpsbt (create psbt)
  2. bitcoin-cli -rpcwallet= walletprocesspsbt (process psbt)
  3. hwi -f signtx (sign psbt)
  4. bitcoin-cli -rpcwallet= finalizepsbt (get a signed TXN from psbt)
A little more involved, but still nothing too bad. Plus this gives you the full power of Bitcoin Core including integrations with LND (lightning).

inputs.json

[{ "txid": "e294c4c172c3d87991b0369e45d6af8584be92914d01e3060fad1ed31d12ff00", "vout": 0 }]

outputs.json

[{ "2MsiAgG5LVDmnmJUPnYaCeQnARWGbGSVnr3": 0.10000000 },{ "tb1q9l0rk0gkgn73d0gc57qn3t3cwvucaj3h8wtrlu": 0.20000000 },{ "tb1qejqxwzfld7zr6mf7ygqy5s5se5xq7vmt96jk9x": 0.99999694 }]

Conclusion

This may all seem like very low level coding, but is surprisingly simple once you get a knack for it. Whats more, all these platforms support testnet which allows you to practice with valueless coins until you get the hang of it. And, like many things in bitcoin, this is all (mostly) python, which is one of the easier languages to learn.
Enjoy
Footnotes
1 - https://github.com/trezotrezor-firmware/issues/1296
submitted by brianddk to Bitcoin [link] [comments]

Gridcoin 5.0.0.0-Mandatory "Fern" Release

https://github.com/gridcoin-community/Gridcoin-Research/releases/tag/5.0.0.0
Finally! After over ten months of development and testing, "Fern" has arrived! This is a whopper. 240 pull requests merged. Essentially a complete rewrite that was started with the scraper (the "neural net" rewrite) in "Denise" has now been completed. Practically the ENTIRE Gridcoin specific codebase resting on top of the vanilla Bitcoin/Peercoin/Blackcoin vanilla PoS code has been rewritten. This removes the team requirement at last (see below), although there are many other important improvements besides that.
Fern was a monumental undertaking. We had to encode all of the old rules active for the v10 block protocol in new code and ensure that the new code was 100% compatible. This had to be done in such a way as to clear out all of the old spaghetti and ring-fence it with tightly controlled class implementations. We then wrote an entirely new, simplified ruleset for research rewards and reengineered contracts (which includes beacon management, polls, and voting) using properly classed code. The fundamentals of Gridcoin with this release are now on a very sound and maintainable footing, and the developers believe the codebase as updated here will serve as the fundamental basis for Gridcoin's future roadmap.
We have been testing this for MONTHS on testnet in various stages. The v10 (legacy) compatibility code has been running on testnet continuously as it was developed to ensure compatibility with existing nodes. During the last few months, we have done two private testnet forks and then the full public testnet testing for v11 code (the new protocol which is what Fern implements). The developers have also been running non-staking "sentinel" nodes on mainnet with this code to verify that the consensus rules are problem-free for the legacy compatibility code on the broader mainnet. We believe this amount of testing is going to result in a smooth rollout.
Given the amount of changes in Fern, I am presenting TWO changelogs below. One is high level, which summarizes the most significant changes in the protocol. The second changelog is the detailed one in the usual format, and gives you an inkling of the size of this release.

Highlights

Protocol

Note that the protocol changes will not become active until we cross the hard-fork transition height to v11, which has been set at 2053000. Given current average block spacing, this should happen around October 4, about one month from now.
Note that to get all of the beacons in the network on the new protocol, we are requiring ALL beacons to be validated. A two week (14 day) grace period is provided by the code, starting at the time of the transition height, for people currently holding a beacon to validate the beacon and prevent it from expiring. That means that EVERY CRUNCHER must advertise and validate their beacon AFTER the v11 transition (around Oct 4th) and BEFORE October 18th (or more precisely, 14 days from the actual date of the v11 transition). If you do not advertise and validate your beacon by this time, your beacon will expire and you will stop earning research rewards until you advertise and validate a new beacon. This process has been made much easier by a brand new beacon "wizard" that helps manage beacon advertisements and renewals. Once a beacon has been validated and is a v11 protocol beacon, the normal 180 day expiration rules apply. Note, however, that the 180 day expiration on research rewards has been removed with the Fern update. This means that while your beacon might expire after 180 days, your earned research rewards will be retained and can be claimed by advertising a beacon with the same CPID and going through the validation process again. In other words, you do not lose any earned research rewards if you do not stake a block within 180 days and keep your beacon up-to-date.
The transition height is also when the team requirement will be relaxed for the network.

GUI

Besides the beacon wizard, there are a number of improvements to the GUI, including new UI transaction types (and icons) for staking the superblock, sidestake sends, beacon advertisement, voting, poll creation, and transactions with a message. The main screen has been revamped with a better summary section, and better status icons. Several changes under the hood have improved GUI performance. And finally, the diagnostics have been revamped.

Blockchain

The wallet sync speed has been DRASTICALLY improved. A decent machine with a good network connection should be able to sync the entire mainnet blockchain in less than 4 hours. A fast machine with a really fast network connection and a good SSD can do it in about 2.5 hours. One of our goals was to reduce or eliminate the reliance on snapshots for mainnet, and I think we have accomplished that goal with the new sync speed. We have also streamlined the in-memory structures for the blockchain which shaves some memory use.
There are so many goodies here it is hard to summarize them all.
I would like to thank all of the contributors to this release, but especially thank @cyrossignol, whose incredible contributions formed the backbone of this release. I would also like to pay special thanks to @barton2526, @caraka, and @Quezacoatl1, who tirelessly helped during the testing and polishing phase on testnet with testing and repeated builds for all architectures.
The developers are proud to present this release to the community and we believe this represents the starting point for a true renaissance for Gridcoin!

Summary Changelog

Accrual

Changed

Most significantly, nodes calculate research rewards directly from the magnitudes in EACH superblock between stakes instead of using a two- or three- point average based on a CPID's current magnitude and the magnitude for the CPID when it last staked. For those long-timers in the community, this has been referred to as "Superblock Windows," and was first done in proof-of-concept form by @denravonska.

Removed

Beacons

Added

Changed

Removed

Unaltered

As a reminder:

Superblocks

Added

Changed

Removed

Voting

Added

Changed

Removed

Detailed Changelog

[5.0.0.0] 2020-09-03, mandatory, "Fern"

Added

Changed

Removed

Fixed

submitted by jamescowens to gridcoin [link] [comments]

Instacoin UK - Last Chance (up to end of Oct) to get a free £10 worth of Bitcoin (same day) for £100 Bitcoin purchase

Instacoin UK , a popular cryptocurrency exchange, are updating their referral scheme from 1st November 2020. The referral amount will be adjusted to a £5 bonus for any purchase over £50. Currently it is a £10 bonus for any purchase of £100 or over.
Instacoin UK is a website which allows you to purchase Bitcoin with your Visa / MasterCard or via a bank transfer. They have been around a while used by lots of beermoneyuk users already.
Instacoin UK are going to honor the £10 bonus scheme for any new customer signing that sign up and purchase £100 of Bitcoin or over until the end of the month. You get the free £10 worth of Bitcoin immediately after purchase! The whole process (including receiving your £100 back in your bank account) should take less than an hour.
The Process
Sign up via my referral link.
Referral link: https://instacoin.uk/ref?code=54C9787
£10 bonus
Non-refferal link: https://instacoin.uk/
No bonus

Steps:

  1. Sign up with the referral link above
  2. Verify your account (driver's licence, passport or gov issued I.D)
  3. Click buy at the top of the dashboard and select BTC, with a purchase amount of £100
  4. Enter the Bitcoin wallet address you want the money paying to.
  5. Pay using by Visa / MasterCard or bank transfer.
  6. You're done! The £100 of BTC will reach your bitcoin wallet usually within 15 minutes or so.
  7. The £10 bonus you receive in the form of a code in your email after the £100 of BTC is sent. Click the email link, enter the code, provide your wallet address again and you'll receive your £10 of BTC for free :)

Once the £110 worth of Bitcoin is in your wallet you are free to do whatever you want with it. I sent mine to my BlockFi account for savings.
You can also get an additional £10 reward for every person you refer up to the end of the month, after this it is £5! Any referral bonuses are given to you at the end of the month).
Let me know if you have any questions.

UPDATE 24.10.20: There is some confusion about the referral amount as being £5 or £10. InstaCoin UK have confirmed That is you sign up with an exsisting customers link (like mine), and complete a £100 purchase before the end of October, you will receive £10 in free Bitcoin credited to your account.
My Referral link for the free £10: https://instacoin.uk/ref?code=54C9787
UPDATE 28.10.20:
Here is a copy of the email I have just received from InstaCoin. I can verify that the mempool is super busy at the moment:

We have received a number of support tickets regarding the delay in BTC confirmations. Rather than reply to everyone individually we would like to address this issue as a whole and give a quick explanation to all our users about why this is occuring:
Sometimes, for a variety of reasons, there will be a spike in the number of BTC transactions that are waiting to be confirmed. That will cause a delay in confirmation times, and increases the price of fees required for a transaction to be included in a block. You can see the current number of unconfirmed transactions here: https://www.blockchain.com/charts/mempool-count?timespan=1week.
Transaction fees directly influence how long you will have to wait for transactions to confirm. At InstaCoin, we broadcast all our transactions with a Regular fee. This fee is covered on our side. It is usually around 0.0001 BTC or £1. Up until the last few days, there has never been an issue with confirmation times.
With a high priority fee, it is likely that transactions will get confirmed quicker by miners. Currently, we are looking at a 0.001BTC/£10 fee to push through transactions at a normal rate. As you can imagine, this is not an expense InstaCoin can cover and we also believe our users would not want to pay this fee either.
We believe the best solution is the one we are currently employing. The delays are frustrating and we feel that frustration too but the current mempool (waiting room) is unprecedented and we will return back to normal ways soon.
The important takeaway we want our users to have from this is that, from our side, the BTC is sent out instantly to your wallet and usually this would get confirmed in a short space of time. At this moment things are taking a bit longer, but the end-point is that you will 100% receive this BTC eventually.

Also remember to complete your sign up and deposist before the end of the month to be certain of getting the free £10 in Bitcoin.
My sign up link again is: https://instacoin.uk/ref?code=54C9787
Sign up code: 54C9787
If you have any questions just let me know.
submitted by TidyCompetition to beermoneyuk [link] [comments]

Windows / Linux Guide to using Trezor with Bitcoin Core (HWI)

This is a guide to using your Trezor with Bitcoin Core. It may seem like more trouble than it's worth but many applications use Bitcoin Core as a wallet such as LND, EPS, and JoinMarket. Learning how to integrate your Trezor into a Bitcoin Core install is rather useful in many unexpected ways. I did this all through the QT interfaces, but it's simple to script. There is a much simpler guide available from the HWI github, and the smallest Linux TLDR is here
Unfortunately, I don't have access to a Coldcard or Ledger. I'm not sure how the setpin or -stdinpass parameters are handled on that HW.

( A ) Install TrezorCTL, HWI, and build GUI

You only need to set the wallet up once, but may repeat to upgrade

( A.I ) Download extract and install HWI

  1. Download and isntall Python
  2. Download https://github.com/bitcoin-core/HWI/archive/1.1.2.zip
  3. Extract it to a working folder (assumes C:\User\Reddit\src\HWI)
  4. Change Directory (cd) to working folder cd "C:\User\Reddit\src\HWI"
  5. Setup venv python -m venv .venv
  6. Enter venv .venv\Scripts\activate.bat 1
  7. Install dependencies python -m pip install -U setuptools pip wheel
  8. Install TrezorCTL python -m pip install trezor[hidapi]
  9. Install HWI python -m pip install hwi pyside2
  10. Download github.com/libusb/libusb/releases/download/v1.0.23/libusb-1.0.23.7z
  11. Extract MS64\dll\libusb-1.0.dll from the archive
  12. Copy to pywin copy libusb-1.0.dll .venv\Lib\site-packages\pywin32_system32\

( A.II ) Build the QT UI files

  1. Download and install MSYS2
  2. Launch a mingw64.exe shell
  3. CD to working folder cd "C:\User\Reddit\src\HWI"
  4. Enter venv source .venv/Scripts/activate 1
  5. Run UI build bash contrib/generate-ui.sh

( B ) Create a Trezor wallet in Bitcoin Core (testnet)

You only need to set the wallet up once, no private key data is stored, only xpub data

( B.I ) Retrieve keypool from HWI-QT

  1. Launch hwi-qt.exe --testnet (assuming testnet)
  2. Click Set passphrase (if needed) to cache your passphrase then click Refresh
  3. Select you trezor from the list then click Set Pin (if needed)
  4. Ensure your Trezor in the dropdown has a fingerprint
  5. Select Change keypool options and choose P2WPKH
  6. Copy all the text from the Keypool textbox

( B.II ) Create the wallet in Bitcoin QT

  1. Launch Bitcoin Core (testnet) (non-pruned) 2
  2. Select Console from the Window menu
  3. Create a wallet createwallet "hwi" true
  4. Ensure that hwi is selected in the console wallet dropdown
  5. Verify walletname using the getwalletinfo command
  6. Import keypool importmulti '' (note ' caging)
  7. Rescan if TXNs are missing rescanblockchain 3

( C.I ) Grab Tesnet coins

  1. Select the Receive tab in Bitcoin Core (testnet)
  2. Ensure that the Wallet dropdown has hwi selected
  3. Select Create new receiving address and copy address
  4. Google "bitcoin testnet faucet" and visit a few sites
  5. Answer captcha and input your addressed copied from C.I.3

( D ) Spending funds with HWI

This is how you can spend funds in your Trezor using Bitcoin Core (testnet)

( D.I ) Create an unsigned PSBT

  1. Select the Send tab in Bitcoin Core (testnet)
  2. Ensure that the Wallet dropdown has hwi selected
  3. Verify your balance in Watch-only balance
  4. Rescan if balance is wrong (see B.II.7) 3
  5. Craft your TXN as usual, then click Create Unsigned
  6. Copy the PSBT to your clipboard when prompted

( D.II ) Sign your PSBT

  1. In HWI-QT click Sign PSBT
  2. Paste what you copied in D.I.6 in PSBT to Sign field
  3. Click Sign PSBT
  4. Copy the text for PSBT Result

( D.III ) Broadcast your TXN

  1. Select the Console window in Bitcoin Core (testnet)
  2. Ensure that the Wallet dropdown has hwi selected
  3. Finalize PSBT: finalizepsbt
  4. Copy the signed TXN hex from the hex field returned
  5. Broadcast TXN: sendrawtransaction

Final Thoughts

I did this all through the GUI interfaces for the benefit of the Windows users. Windows console is fine, but the quote escaping in windows console is nightmarish. Powershell would be good, but that throws this on a whole another level for most Windows folks.
There is also the need to use HWI-QT due to a bug in blank passphrases on the commandline. You can work around it by toggling passphrase off or on, but again, it's more than I wanted to spell out.
Footnotes:
  • 1. - Later version of python put the activate script under 'bin' instead of 'Script'
  • 2. - You can run pruned, but you need to have a fresh wallet
  • 3. - Rescan is automatic on 'importmulti' but I was pruned so it was wierd
submitted by brianddk to Bitcoin [link] [comments]

August / September monthly report from v1docq47 (CCS + XRM.RU)

This is my monthly progress report (CCS.html) + XMR.RU).
Below is a list of what has been done and translated into Russian for two months of my work.

Monero Video (YouTube)

The following video posted on Monero Russian Community YouTube Channel.

Weekly News:

Short Q&A about Monero:

Monero into Russian (Translation)

The following articles / guides have been translated into Russian and posted on the XMR.RU website and my Github repository.
Note: If you would like to read the original article in English, then, open the article you are interested in, and at the end of each article you will find a link to the source.

Critical Decentralisation Cluster 36c3 (transcriptions (EN + RU) + translation (RU)):

01 - Monero Introduction (Diego "rehrar" Salazar) | Transcriptions - EN.md) / RU.md) / XMR.RU 02 - RIAT Introduction (parasew) | Transcriptions - EN.md) / RU.md) / XMR.RU 03 - Swiss Cryptoeconomics Assembly (polto, Ome) | Transcriptions - EN.md) / RU.md) / XMR.RU 04 - Namecoin Introduction (Jeremy Rand) | Transcriptions - EN.md) / RU.md) / XMR.RU 05 - Open Hardware developed at FOSSASIA (Mario Behling) | Transcriptions - EN.md) / RU.md) / XMR.RU 06 - Paralelni Polis (Juraj Bednar) | Transcriptions - EN.md) / RU.md) / XMR.RU 07 - Introduction to Replicant (dllud, Denis ‘GNUtoo’ Carikli)​ | Transcriptions - EN.md) / RU.md) / XMR.RU 08 - Open Source Hardware and OSHWA (Drew Fustini) | Transcriptions - EN.md) / RU.md) / XMR.RU 09 - ImplicitCAD (Juila Longtin) | Transcriptions - EN.md) / RU.md) / XMR.RU 10 - Program in Detail | Transcriptions - EN / RU / XMR.RU 11 - about:freedom (Bonnie Mehring, Blipp)​ | Transcriptions - EN.md) / RU.md) / XMR.RU 13 - Funding Models of FOSS (Diego “rehrar” Salazar) | Transcriptions - EN.md) / RU.md) / XMR.RU 14 - The Sharp Forks We Follow​ | Transcriptions - EN / RU / XMR.RU 16 - P2P Trading in Cryptoanarchy | Transcriptions - EN / RU / XMR.RU 17 - Monero’s Adaptive Blockweight Approach to Scaling | Transcriptions - EN / RU / XMR.RU 18 - Nym (Harry Halpin)​ | Transcriptions - EN.md) / RU.md) / XMR.RU 19 - Digital Integrity of the Human Person | Transcriptions - EN / RU / XMR.RU 20 - cyber~Congress (Sergey Simanovsky) | Transcriptions - EN.md) / RU.md) / XMR.RU 21 - KYC & Crypto-AML Tools (polto) | Transcriptions - EN.md) / RU.md) / XMR.RU 22 - Parallel Polis, Temporary Autonomous Zones and Beyond | Transcriptions - EN / RU 23 - MandelBot:HAB - Open Source Ecotecture and Horizontalism | Transcriptions - EN / RU 24 - Adventures and Experiments Adding Namecoin to Tor Browser | Transcriptions - EN / RU 25 - Fair Data Society (Gregor Zavcer) | Transcriptions - EN.md) / RU.md) / XMR.RU 45 - Designing a Communal Computing Interface | Transcriptions - EN / RU / XMR.RU 47 - Hackatoshi’s Flying Circuit | Transcriptions - EN / RU / XMR.RU

Zero to Monero - Second Edition

https://www.overleaf.com/read/hcmqnvgtfmyh - Chapter 00 - Abstract - Chapter 01 - Introduction - Chapter 02 - Basic Concepts - Chapter 03 - Advanced Schnorr-like Signatures

Monero Outreach Articles

Getmonero.org Posts Blog

LocalMonero Articles

Note: You need "Change Language" to Russian - Why Monero Has A Tail Emission - How CLSAG Will Improve Monero's Efficiency - How Monero Solved the Block Size Problem That Plagues Bitcoin - How Ring Signatures Obscure Monero's Outputs - Monero Best Practices for Beginners - Monero Outputs Explained

Monero Meeting logs

CCS Result / Report

Monero News

Other Articles

Pull / Merge Request

Monero Project Translations (Weblate)

Thanks for your support!
submitted by v1docq47 to Monero [link] [comments]

The Incentivization Mechanics

[This text constitues an update to the Whitepaper. For more, including infographics, check out https://gridnet.org/whitepape]
Now, let us give here a short-overview of the incentivization mechanics in regard to the Torrent-storage sub-system. The mechanics employ State-Less Blockchain channels, with a modified version of Token Pools. We have codenamed the modified data-structures ‘Multi-Dimensional Token Pools’.That is to support multiple concurrent peers during downloads (even hundreds of simultaneous peers being rewarded at a time, with millions of simultaneous transmissions worldwide). All of the mechanics described herein will be hidden and transparent to the user.
As far as user-involvement goes, each and every user will be able to create/deploy a Token-Pool by sacrificing a certain amount of cryptocurrency. This will be possible through the Decentralized Command-Line (takes a single command) but through the fancy-looking UI as well (a couple of clicks).
Let us say you sacrifice 1 GRIDNET Coin (1000000 GBUs) to create a single Multi-Dimensional Token-Pool. Recall that the Token-Pool represents an off-the-chain value store. When you do so, you specify the number of Dimensions (or ‘Banks’) to be available from within that Token-Pool and the value of a single Token/hash from within the Pool (values will be proposed automatically). Still, for the purposes of sound explanation let us deeper. If you specify 100 dimensions and the value of a single Token as 1 GBU, then the amount of tokens available within a single Bank will be equal to 1000000/100, thus with each Token worth precisely 1 GBU. Yes, each dimension is finite, with boundaries constantly verified. During data download the software which runs within the web-browser will be delivering small portions of the accumulated value to the ones who deliver file/video fragments (possible once it is being played).
As far as the user is concerned, if he is a client, he will need to register a Token-Pool and be automatically informed once it gets depleted. In case of a data-delivery node he/she will be constantly informed of the amounts of just received rewards/cryptocurrency. Once a threshold of received rewards is reached, the software will automatically cash-out received tokens for the on-the-chain Live currency. In case of invalid tokens/ malicious peers etc. these will be cut-off automatically.
During data-transmission/reception, the Token-Pool’s dimensions/banks will be chosen and switched between autonomously by the software (the GRIDNET-OS JavaScript context). During data-transmission, the data-delivery node, with each data-bundle (ex. 100KB) receives a Token (hash), dispatched by client, one generated from within a certain Token-Pool’s dimension/bank. Here, each hash represents part of the total value accumulated within the particular Token-Pool. Do note that rewarding data-delivery does happen off-the-chain during the entire data-transmission between points A and B. It is in awardee’s best intention to postpone cashing out of the accumulated rewards (which this time does involve the decentralized state-machine), the later the better, since doing so involves a fee.
📷
Figure 10: A Multi-Dimensional Token-Pool
Notice how efficient the mechanics are. Formulation of a Transit Pool (the data-structure which is to end-up within the VM at the end of data-transmission, which can actually cover for multiple data-transmission / files between A and B) involves mostly just a single hash, one revealed from the chosen Token Pool’s dimension/bank. Here, it is important to note that only a single awardee can be rewarded from a single Bank/Dimension at a time, before he/she decides to cash-out his/her accumulated reward. The most recent hash suffices to validate the entire sub-chain of a bigger hash-chain, represented by a Token Pool’s dimension. Moreover, storage of the Multi-Dimensional-Token Pool on-the-chain is even more efficient. The secret MasterSeedHash is all it takes to recover information in regards to every Dimension/Bank with its value known only to the owner (stored off-the-chain). In that respect (storage and information recovery) the data-structure is similar to HD-Wallet keys, known from the Bitcoin-realm.
During data-transmission, after receiving a Transmission Token it is possible , at any moment , for the rewardee to verify the current state of the on-the-chain-preserved Token-Pool and thus to check against a possible double-spend attempt by querying full-node for the Token-Pool to which the given Transmission Token corresponds to. If, the hash-value revealed turns out to overlap part of the hash-chain which is already known, that indicates a double-spend attempt and the data-delivery node can refuse further data-transmission.
Figure 11: Overview of the incentivized data-transmission mechanics.📷
Once the Provider’s software decides to cash-out tokens (as per user’s preferences) for live on-the-chain currency, it will autonomously formulate a #GridScript transaction with the embedded Transit Pool (encapsulating the most recently revealed hash from a particular dimension, from a particular token-pool).
Now, the full-node which receives such a transaction would extract and verify the Transit Pool against the current state of the Token Pool (which should by now be available at the chain at all times). If validated, the Provider is rewarded with the amount of Live-cryptocurrency which corresponds to the total value represented by the received Transmission-Tokens (after processing fees have been deducted).
Kindly do note that here, everything is presented as a high-level overview and additional case-specific technicalities are involved. For instance, we employ additional variations of the Transmission-Tokens, including their Authenticated-subtype, one which renders the mechanics resilient against a malicious full-node. For instance, one might observe that under the so-far described assumptions - of each hash uncovering a certain amount of value -then, without additional authentication this would render the mechanics susceptible to a malicious full-node which could claim the Token/hash as his, instead of node’s that performed data-deliveries. Things get even more complicated when we employ additional mechanics to cope with Sybil-nodes in case of routed data-transmission (Tunneling / IoT) . That very subject alone is described in our upcoming 30+ page long research paper.
submitted by rafalsk to gridnetproject [link] [comments]

Meet the YFDAI Team!

Meet the YFDAI Team!

https://preview.redd.it/yq470s2kmcu51.png?width=1280&format=png&auto=webp&s=4c04f1499dca093a4550beb19ae8c7626326959e
Over the course of mere months, the DeFi space has grown to the tune of billions in 2020. While DeFi has earned its title as the next hottest crypto trend, its popularity has shown to be a double-edged sword. Reports of scams and “rug pulls” have volleyed into crypto news outlets, social media, and discussion groups, damaging the reputation of the DeFi space.
DeFi is unique in that the tenets of trust and decentralization has normalized the practice of anonymity to the point where nearly every single DeFi team launches anonymously. While the freedom to create DeFi tools does support the notion that anyone should be able to create an honest financial protocol for the goodwill of the people, the opposite effect often occurs. If the past few months has proven anything, it’s that the normalization of anonymity has acted as both the greatest weapon and the greatest defence for fraudulent actors and dishonest entities. Because of this, DeFi is often seen as a free-for-all minefield as countless exit scams and “rugpulls” have become the norm. Having this as an accepted vice of DeFi shouldn’t mean investors should normalize risk of losses. It should inspire projects to set a higher standard in the DeFi space.
We are excited to announce that the YFDAI team has taken the tenets of decentralized finance and expanded on them. As a DeFi protocol, we champion decentralization and the collective action of the community to pave the road towards true transparency and security for all. After countless hours of legal counseling, we’re proud to announce that we will be among the very few DeFi projects to go public and among the first to set a new precedent for the DeFi space.
Say hello to the YFDAI team.
Meet Pritha Paul (Olivia) — Chief Strategic — Volunteer

https://preview.redd.it/jqqax671lcu51.jpg?width=357&format=pjpg&auto=webp&s=66703ab44c96cea71df47178627e586a8d70a1e5
Olivia is both a software engineer and a Businesswoman. Having been an avid fan of blockchain and trader of cryptocurrencies, Olivia felt the need to contribute her expertise to the cryptocurrency space. This desire prompted her to create YFDAI, one of DeFi’s most secure and trusted protocols. Seeing the cryptocurrency space as a professional programmer, Olivia knows the importance of making a clean and secure DeFi protocol.
With the rate of fraudulent projects ascending contemporaneously with the rise of DeFi, Olivia knew it was crucial to have a trusted and well-secured protocol that can guide as an example for other projects to follow. Along with this idea, Olivia felt that for DeFi to reach its highest potential, there needed to be an ecosystem that protects investors and supports DeFi projects looking to bring real value to the space. With this in mind, Olivia came up with YFDAI’s signature SafeSwap and LaunchPad platforms.
Olivia has a number of qualifications and holds a bachelor’s in Computer Applications. Some of her advanced programming languages include: C, C++, JAVA, Python, Oracle.
https://www.linkedin.com/in/pritha-paul-olivia-a576b71b9/
Meet Tapas Paul (Rocky) — Lead Dev — Volunteer

https://preview.redd.it/otog4vkclcu51.jpg?width=357&format=pjpg&auto=webp&s=c668d0b6ac5573757030a609ed563ee49d734ac7
Doubling as a software developer and website designer, Tapas carries ample experience in web development and design. Having been familiar with cryptocurrencies for years, his initial descent into the space came in the golden year of 2017. Since then, Tapas has been engaged in crypto and felt the need to create a truly honest and secure DeFi platform together with Pritha. Tapas’s vast expertise in web development and blockchain gives YFDAI an edge in becoming one of the top DeFi protocols in the space.
Tapas has a diverse range of tech experience that range from creating web applications and front-end designs for various startups to working as a senior blockchain developer for distributed solidity systems for complicated DAPPs. Since then, Tapas has provided Ethereum and TRON consulting to multiple blockchain startups entering the space.
Some of Tapas expertise and advanced programming languages include- Solidity, Web3 TronWeb, JavaScript, MongoDB, ExpressJS, ReactJS Node.JS React Native, HTML5, CSS3, Distributed Ledger Technology , Ethereum and TRON DAPPs, Authentication systems, Real Time Web Apps.
https://www.linkedin.com/in/tapas-paul-rocky-4609781b2/
Meet Ankit Ruthala (Thore) — Chief Business Development — Volunteer

https://preview.redd.it/0b7vqesglcu51.jpg?width=357&format=pjpg&auto=webp&s=f5aaaaf903753cd2373b0bc32d924f8729bbcb41
Thore carries a Bachelor’s in Mechanical Engineering with fundamental engineering and dynamics experience. He has extensive background experience in both engineering and blockchain development. With the ever-increasing level of innovation that is occurring in the blockchain and cryptocurrency space, Thore felt the need to contribute his own knowledge and expertise to the field. Thore’s extensive experience in the field is projected into the YFDAI project with the end-user in mind. Being proficient in both blockchain literacy and technical analyses, Thore understands the cryptocurrency space from both a developer and investor perspective.
https://www.linkedin.com/in/ankit-runthala-752a4785
Meet Wesley — Security Consultant — Volunteer

https://preview.redd.it/d4738ojklcu51.jpg?width=357&format=pjpg&auto=webp&s=c98608b8f71087285cf14e7bd8be2d8125c978d6
Wesley specializes in Infrastructure and security management with a background in economics. Having been involved in the cryptocurrency scene for over three years, Wesley has had ample exposure to the world of blockchain and cryptocurrencies. Since 2017, Wesley has worked as an agent for BTC Direct and in Binance community management.
https://www.linkedin.com/in/wesley-thijssen-223813134/
Meet Cristian- Graphic Designer — Volunteer

https://preview.redd.it/nb91hb6qlcu51.jpg?width=357&format=pjpg&auto=webp&s=256969502f4223b56a9f615e6445a6340660a68b
Despite his previous work experience as a computer programmer, Cristian found his niche excelling in graphic design and maximizing brand identity. After winning over 400 graphic design competitions, Cristian now works as a dedicated graphic designer. Living by the mantra of “every profession is an act of service”, Cristian’s passion is manifested through his works in design, brand awareness, and customer satisfaction.
https://99designs.com/profiles/oakbrand
Meet Cris Content Writer — Volunteer

https://preview.redd.it/y6fgolqulcu51.jpg?width=357&format=pjpg&auto=webp&s=46f981373a8b011cf570bf50ef46b5e87b395c4e
Cris first began his cryptocurrency journey in the summer of 2017. Since then, he has been obsessed with everything cryptocurrency and blockchain related. After being featured on a series of cryptocurrency publications on Medium, Cris found his way into writing and managing a variety of cryptocurrency startups. Cris now continues pursuing his passion in cryptocurrency while balancing life as a university student.
https://www.linkedin.com/m/in/cris-montoya-1738b61b9-Cris/
Meet Christof Waton — Business Development Consultant — Volunteer

https://preview.redd.it/2r3vb6u1mcu51.jpg?width=357&format=pjpg&auto=webp&s=ca5a3c009dd7a32211bb2c141c13f6ccddeb04a2
Christof currently holds a bachelor’s in data communication and is currently completing his masters in Digital Currencies. His initial descent into cryptocurrencies came when he first bought Bitcoin in 2014. Since then, Christof has led his professional career in a variety of fields in and out of the crypto space. Within the crypto space, Christof has held positions as chief business development officer for both ExMarkets and CoinMargin. Outside of the crypto space Christof led as a consultant for both Dubai Hills Fund and Verifo, an e-money institution. After years of experience in both the financial and crypto industry, Christof has experienced cryptocurrency through the lens of a professional, investor, and an enthusiast.
https://www.linkedin.com/in/watonchristof/
Meet Philip Dow — Head Advisor — Volunteer

https://preview.redd.it/a7yu2nd5mcu51.jpg?width=357&format=pjpg&auto=webp&s=cd00c47f55530afb4570808168a26d88c3cf7529
Phil operates as a strategic executive with a high-level background in project management, business development, and marketing. Phil first brought his expertise to the cryptocurrency field in 2016. Phil carries a wealth of knowledge as his years in crypto garnered him key connections with a variety of different cryptocurrency partners ranging from, developers, project CEOs, and marketing.
For the past 4 years Phil has brought coverage to a multitude of different blockchain companies, each offering unique expertise and applications in a wide variety of fields.
https://www.linkedin.com/in/philipdow55/
Now that the team identities have been released this dispels the “Elephant in the room”. The fact that the team chose to become non-anon opens up many doors that would otherwise be closed. The specifics of those opportunities will be made clear in the upcoming whitepaper and future announcements.
Even though the names and faces of the founders behind the project have been revealed, please note that there are many people who are working on the YFDAI project on a contractual basis and volunteer basis who have not been included in the disclosure. There are experts and advisors in the fields of business development, economics, law, and other areas vital to any business that play a major role in the success of YFDAI and who share the vision of the founders to clean up the DeFi space and offer a safe, reliable, and secure suite of DeFi products to the public.
While the team behind a crypto project is vital, the ultimate success of any DeFi project relies on the technology, the code, and the community. YFDAI’s technology and code have been designed to be bulletproof in order to maximize the safety and security for the end user. In the not too distant future, YFDAI’s business model envisions the everyday decisions to ultimately be made by you, the community, by way of the DAO as governance is turned over to the token holders.
To ensure we are operating as securely and compliantly as possible YFDAI has been incorporated as a Technology business in Singapore:
Company Name — Tejster Technologies PTE. LTD. Registration No — 202031933C Address — 50,Raffles Place,#37–00,Singapore Land Tower, Singapore (048623)
To finalise the compliance aspect YFDAI is in the process of obtaining full Financial Services regulation by means of receiving compliance and registration in the Republic of Estonia.
This will be a two stage process with an initial Virtual Currency Exchange and E-Wallet licence currently being sought. YDFAI’s legal representatives have moved this to an advanced stage and expect this to be finalized in Q4 2020. It is at this point that the team shall resume their full job titles and the term “Volunteer” will no longer be required.
The licenses will open up a plethora of opportunities which will be fully detailed in our soon to be released whitepaper and will also provide YFDAI with a level of accreditation that will provide users with full peace of mind.
Once YFDAI secures the Financial Services accreditation listed above, YFDAI will have full insurance coverage of the project’s financial holdings and transactions, including project wallets and user funds.
Thank you for your support and we look forward to setting a new standard of self regulation that will revolutionize the DeFI arena and level the playing field for all participants while minimizing the fraud and desecration of the bad actors who have infiltrated the DeFi space.
- YFDAI Team
Visit us on our website and chat with us on Telegram!
Website: https://www.yfdai.finance
Telegram Community: https://t.me/yfdaifinance
Telegram Announcements: https://t.me/yfdai
Linkedin: https://www.linkedin.com/company/yfdai-finance
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How EpiK Protocol “Saved the Miners” from Filecoin with the E2P Storage Model?

How EpiK Protocol “Saved the Miners” from Filecoin with the E2P Storage Model?

https://preview.redd.it/n5jzxozn27v51.png?width=2222&format=png&auto=webp&s=6cd6bd726582bbe2c595e1e467aeb3fc8aabe36f
On October 20, Eric Yao, Head of EpiK China, and Leo, Co-Founder & CTO of EpiK, visited Deep Chain Online Salon, and discussed “How EpiK saved the miners eliminated by Filecoin by launching E2P storage model”. ‘?” The following is a transcript of the sharing.
Sharing Session
Eric: Hello, everyone, I’m Eric, graduated from School of Information Science, Tsinghua University. My Master’s research was on data storage and big data computing, and I published a number of industry top conference papers.
Since 2013, I have invested in Bitcoin, Ethereum, Ripple, Dogcoin, EOS and other well-known blockchain projects, and have been settling in the chain circle as an early technology-based investor and industry observer with 2 years of blockchain experience. I am also a blockchain community initiator and technology evangelist
Leo: Hi, I’m Leo, I’m the CTO of EpiK. Before I got involved in founding EpiK, I spent 3 to 4 years working on blockchain, public chain, wallets, browsers, decentralized exchanges, task distribution platforms, smart contracts, etc., and I’ve made some great products. EpiK is an answer to the question we’ve been asking for years about how blockchain should be landed, and we hope that EpiK is fortunate enough to be an answer for you as well.
Q & A
Deep Chain Finance:
First of all, let me ask Eric, on October 15, Filecoin’s main website launched, which aroused everyone’s attention, but at the same time, the calls for fork within Filecoin never stopped. The EpiK protocol is one of them. What I want to know is, what kind of project is EpiK Protocol? For what reason did you choose to fork in the first place? What are the differences between the forked project and Filecoin itself?
Eric:
First of all, let me answer the first question, what kind of project is EpiK Protocol.
With the Fourth Industrial Revolution already upon us, comprehensive intelligence is one of the core goals of this stage, and the key to comprehensive intelligence is how to make machines understand what humans know and learn new knowledge based on what they already know. And the knowledge graph scale is a key step towards full intelligence.
In order to solve the many challenges of building large-scale knowledge graphs, the EpiK Protocol was born. EpiK Protocol is a decentralized, hyper-scale knowledge graph that organizes and incentivizes knowledge through decentralized storage technology, decentralized autonomous organizations, and generalized economic models. Members of the global community will expand the horizons of artificial intelligence into a smarter future by organizing all areas of human knowledge into a knowledge map that will be shared and continuously updated for the eternal knowledge vault of humanity
And then, for what reason was the fork chosen in the first place?
EpiK’s project founders are all senior blockchain industry practitioners and have been closely following the industry development and application scenarios, among which decentralized storage is a very fresh application scenario.
However, in the development process of Filecoin, the team found that due to some design mechanisms and historical reasons, the team found that Filecoin had some deviations from the original intention of the project at that time, such as the overly harsh penalty mechanism triggered by the threat to weaken security, and the emergence of the computing power competition leading to the emergence of computing power monopoly by large miners, thus monopolizing the packaging rights, which can be brushed with computing power by uploading useless data themselves.
The emergence of these problems will cause the data environment on Filecoin to get worse and worse, which will lead to the lack of real value of the data in the chain, high data redundancy, and the difficulty of commercializing the project to land.
After paying attention to the above problems, the project owner proposes to introduce multi-party roles and a decentralized collaboration platform DAO to ensure the high value of the data on the chain through a reasonable economic model and incentive mechanism, and store the high-value data: knowledge graph on the blockchain through decentralized storage, so that the lack of value of the data on the chain and the monopoly of large miners’ computing power can be solved to a large extent.
Finally, what differences exist between the forked project and Filecoin itself?
On the basis of the above-mentioned issues, EpiK’s design is very different from Filecoin, first of all, EpiK is more focused in terms of business model, and it faces a different market and track from the cloud storage market where Filecoin is located because decentralized storage has no advantage over professional centralized cloud storage in terms of storage cost and user experience.
EpiK focuses on building a decentralized knowledge graph, which reduces data redundancy and safeguards the value of data in the distributed storage chain while preventing the knowledge graph from being tampered with by a few people, thus making the commercialization of the entire project reasonable and feasible.
From the perspective of ecological construction, EpiK treats miners more friendly and solves the pain point of Filecoin to a large extent, firstly, it changes the storage collateral and commitment collateral of Filecoin to one-time collateral.
Miners participating in EpiK Protocol are only required to pledge 1000 EPK per miner, and only once before mining, not in each sector.
What is the concept of 1000 EPKs, you only need to participate in pre-mining for about 50 days to get this portion of the tokens used for pledging. The EPK pre-mining campaign is currently underway, and it runs from early September to December, with a daily release of 50,000 ERC-20 standard EPKs, and the pre-mining nodes whose applications are approved will divide these tokens according to the mining ratio of the day, and these tokens can be exchanged 1:1 directly after they are launched on the main network. This move will continue to expand the number of miners eligible to participate in EPK mining.
Secondly, EpiK has a more lenient penalty mechanism, which is different from Filecoin’s official consensus, storage and contract penalties, because the protocol can only be uploaded by field experts, which is the “Expert to Person” mode. Every miner needs to be backed up, which means that if one or more miners are offline in the network, it will not have much impact on the network, and the miner who fails to upload the proof of time and space in time due to being offline will only be forfeited by the authorities for the effective computing power of this sector, not forfeiting the pledged coins.
If the miner can re-submit the proof of time and space within 28 days, he will regain the power.
Unlike Filecoin’s 32GB sectors, EpiK’s encapsulated sectors are smaller, only 8M each, which will solve Filecoin’s sector space wastage problem to a great extent, and all miners have the opportunity to complete the fast encapsulation, which is very friendly to miners with small computing power.
The data and quality constraints will also ensure that the effective computing power gap between large and small miners will not be closed.
Finally, unlike Filecoin’s P2P data uploading model, EpiK changes the data uploading and maintenance to E2P uploading, that is, field experts upload and ensure the quality and value of the data on the chain, and at the same time introduce the game relationship between data storage roles and data generation roles through a rational economic model to ensure the stability of the whole system and the continuous high-quality output of the data on the chain.
Deep Chain Finance:
Eric, on the eve of Filecoin’s mainline launch, issues such as Filecoin’s pre-collateral have aroused a lot of controversy among the miners. In your opinion, what kind of impact will Filecoin bring to itself and the whole distributed storage ecosystem after it launches? Do you think that the current confusing FIL prices are reasonable and what should be the normal price of FIL?
Eric:
Filecoin mainnet has launched and many potential problems have been exposed, such as the aforementioned high pre-security problem, the storage resource waste and computing power monopoly caused by unreasonable sector encapsulation, and the harsh penalty mechanism, etc. These problems are quite serious, and will greatly affect the development of Filecoin ecology.
These problems are relatively serious, and will greatly affect the development of Filecoin ecology, here are two examples to illustrate. For example, the problem of big miners computing power monopoly, now after the big miners have monopolized computing power, there will be a very delicate state — — the miners save a file data with ordinary users. There is no way to verify this matter in the chain, whether what he saved is uploaded by himself or someone else. And after the big miners have monopolized computing power, there will be a very delicate state — — the miners will save a file data with ordinary users, there is no way to verify this matter in the chain, whether what he saved is uploaded by himself or someone else. Because I can fake another identity to upload data for myself, but that leads to the fact that for any miner I go to choose which data to save. I have only one goal, and that is to brush my computing power and how fast I can brush my computing power.
There is no difference between saving other people’s data and saving my own data in the matter of computing power. When I save someone else’s data, I don’t know that data. Somewhere in the world, the bandwidth quality between me and him may not be good enough.
The best option is to store my own local data, which makes sense, and that results in no one being able to store data on the chain at all. They only store their own data, because it’s the most economical for them, and the network has essentially no storage utility, no one is providing storage for the masses of retail users.
The harsh penalty mechanism will also severely deplete the miner’s profits, because DDOS attacks are actually a very common attack technique for the attacker, and for a big miner, he can get a very high profit in a short period of time if he attacks other customers, and this thing is a profitable thing for all big miners.
Now as far as the status quo is concerned, the vast majority of miners are actually not very well maintained, so they are not very well protected against these low-DDOS attacks. So the penalty regime is grim for them.
The contradiction between the unreasonable system and the demand will inevitably lead to the evolution of the system in a more reasonable direction, so there will be many forked projects that are more reasonable in terms of mechanism, thus attracting Filecoin miners and a diversion of storage power.
Since each project is in the field of decentralized storage track, the demand for miners is similar or even compatible with each other, so miners will tend to fork the projects with better economic benefits and business scenarios, so as to filter out the projects with real value on the ground.
For the chaotic FIL price, because FIL is also a project that has gone through several years, carrying too many expectations, so it can only be said that the current situation has its own reasons for existence. As for the reasonable price of FIL there is no way to make a prediction because in the long run, it is necessary to consider the commercialization of the project to land and the value of the actual chain of data. In other words, we need to keep observing whether Filecoin will become a game of computing power or a real value carrier.
Deep Chain Finance:
Leo, we just mentioned that the pre-collateral issue of Filecoin caused the dissatisfaction of miners, and after Filecoin launches on the main website, the second round of space race test coins were directly turned into real coins, and the official selling of FIL hit the market phenomenon, so many miners said they were betrayed. What I want to know is, EpiK’s main motto is “save the miners eliminated by Filecoin”, how to deal with the various problems of Filecoin, and how will EpiK achieve “save”?
Leo:
Originally Filecoin’s tacit approval of the computing power makeup behavior was to declare that the official directly chose to abandon the small miners. And this test coin turned real coin also hurt the interests of the loyal big miners in one cut, we do not know why these low-level problems, we can only regret.
EpiK didn’t do it to fork Filecoin, but because EpiK to build a shared knowledge graph ecology, had to integrate decentralized storage in, so the most hardcore Filecoin’s PoRep and PoSt decentralized verification technology was chosen. In order to ensure the quality of knowledge graph data, EpiK only allows community-voted field experts to upload data, so EpiK naturally prevents miners from making up computing power, and there is no reason for the data that has no value to take up such an expensive decentralized storage resource.
With the inability to make up computing power, the difference between big miners and small miners is minimal when the amount of knowledge graph data is small.
We can’t say that we can save the big miners, but we are definitely the optimal choice for the small miners who are currently in the market to be eliminated by Filecoin.
Deep Chain Finance:
Let me ask Eric: According to EpiK protocol, EpiK adopts the E2P model, which allows only experts in the field who are voted to upload their data. This is very different from Filecoin’s P2P model, which allows individuals to upload data as they wish. In your opinion, what are the advantages of the E2P model? If only voted experts can upload data, does that mean that the EpiK protocol is not available to everyone?
Eric:
First, let me explain the advantages of the E2P model over the P2P model.
There are five roles in the DAO ecosystem: miner, coin holder, field expert, bounty hunter and gateway. These five roles allocate the EPKs generated every day when the main network is launched.
The miner owns 75% of the EPKs, the field expert owns 9% of the EPKs, and the voting user shares 1% of the EPKs.
The other 15% of the EPK will fluctuate based on the daily traffic to the network, and the 15% is partly a game between the miner and the field expert.
The first describes the relationship between the two roles.
The first group of field experts are selected by the Foundation, who cover different areas of knowledge (a wide range of knowledge here, including not only serious subjects, but also home, food, travel, etc.) This group of field experts can recommend the next group of field experts, and the recommended experts only need to get 100,000 EPK votes to become field experts.
The field expert’s role is to submit high-quality data to the miner, who is responsible for encapsulating this data into blocks.
Network activity is judged by the amount of EPKs pledged by the entire network for daily traffic (1 EPK = 10 MB/day), with a higher percentage indicating higher data demand, which requires the miner to increase bandwidth quality.
If the data demand decreases, this requires field experts to provide higher quality data. This is similar to a library with more visitors needing more seats, i.e., paying the miner to upgrade the bandwidth.
When there are fewer visitors, more money is needed to buy better quality books to attract visitors, i.e., money for bounty hunters and field experts to generate more quality knowledge graph data. The game between miners and field experts is the most important game in the ecosystem, unlike the game between the authorities and big miners in the Filecoin ecosystem.
The game relationship between data producers and data storers and a more rational economic model will inevitably lead to an E2P model that generates stored on-chain data of much higher quality than the P2P model, and the quality of bandwidth for data access will be better than the P2P model, resulting in greater business value and better landing scenarios.
I will then answer the question of whether this means that the EpiK protocol will not be universally accessible to all.
The E2P model only qualifies the quality of the data generated and stored, not the roles in the ecosystem; on the contrary, with the introduction of the DAO model, the variety of roles introduced in the EpiK ecosystem (which includes the roles of ordinary people) is not limited. (Bounty hunters who can be competent in their tasks) gives roles and possibilities for how everyone can participate in the system in a more logical way.
For example, a miner with computing power can provide storage, a person with a certain domain knowledge can apply to become an expert (this includes history, technology, travel, comics, food, etc.), and a person willing to mark and correct data can become a bounty hunter.
The presence of various efficient support tools from the project owner will lower the barriers to entry for various roles, thus allowing different people to do their part in the system and together contribute to the ongoing generation of a high-quality decentralized knowledge graph.
Deep Chain Finance:
Leo, some time ago, EpiK released a white paper and an economy whitepaper, explaining the EpiK concept from the perspective of technology and economy model respectively. What I would like to ask is, what are the shortcomings of the current distributed storage projects, and how will EpiK protocol be improved?
Leo:
Distributed storage can easily be misunderstood as those of Ali’s OceanDB, but in the field of blockchain, we should focus on decentralized storage first.
There is a big problem with the decentralized storage on the market now, which is “why not eat meat porridge”.
How to understand it? Decentralized storage is cheaper than centralized storage because of its technical principle, and if it is, the centralized storage is too rubbish for comparison.
What incentive does the average user have to spend more money on decentralized storage to store data?
Is it safer?
Existence miners can shut down at any time on decentralized storage by no means save a share of security in Ariadne and Amazon each.
More private?
There’s no difference between encrypted presence on decentralized storage and encrypted presence on Amazon.
Faster?
The 10,000 gigabytes of bandwidth in decentralized storage simply doesn’t compare to the fiber in a centralized server room. This is the root problem of the business model, no one is using it, no one is buying it, so what’s the big vision.
The goal of EpiK is to guide all community participants in the co-construction and sharing of field knowledge graph data, which is the best way for robots to understand human knowledge, and the more knowledge graph data there is, the more knowledge a robot has, the more intelligent it is exponentially, i.e., EpiK uses decentralized storage technology. The value of exponentially growing data is captured with linearly growing hardware costs, and that’s where the buy-in for EPK comes in.
Organized data is worth a lot more than organized hard drives, and there is a demand for EPK when robots have the need for intelligence.
Deep Chain Finance:
Let me ask Leo, how many forked projects does Filecoin have so far, roughly? Do you think there will be more or less waves of fork after the mainnet launches? Have the requirements of the miners at large changed when it comes to participation?
Leo:
We don’t have specific statistics, now that the main network launches, we feel that forking projects will increase, there are so many restricted miners in the market that they need to be organized efficiently.
However, we currently see that most forked projects are simply modifying the parameters of Filecoin’s economy model, which is undesirable, and this level of modification can’t change the status quo of miners making up computing power, and the change to the market is just to make some of the big miners feel more comfortable digging up, which won’t help to promote the decentralized storage ecology to land.
We need more reasonable landing scenarios so that idle mining resources can be turned into effective productivity, pitching a 100x coin instead of committing to one Fomo sentiment after another.
Deep Chain Finance:
How far along is the EpiK Protocol project, Eric? What other big moves are coming in the near future?
Eric:
The development of the EpiK Protocol is divided into 5 major phases.
(a) Phase I testing of the network “Obelisk”.
Phase II Main Network 1.0 “Rosetta”.
Phase III Main Network 2.0 “Hammurabi”.
(a) The Phase IV Enrichment Knowledge Mapping Toolkit.
The fifth stage is to enrich the knowledge graph application ecology.
Currently in the first phase of testing network “Obelisk”, anyone can sign up to participate in the test network pre-mining test to obtain ERC20 EPK tokens, after the mainnet exchange on a one-to-one basis.
We have recently launched ERC20 EPK on Uniswap, you can buy and sell it freely on Uniswap or download our EpiK mobile wallet.
In addition, we will soon launch the EpiK Bounty platform, and welcome all community members to do tasks together to build the EpiK community. At the same time, we are also pushing forward the centralized exchange for token listing.
Users’ Questions
User 1:
Some KOLs said, Filecoin consumed its value in the next few years, so it will plunge, what do you think?
Eric:
First of all, the judgment of the market is to correspond to the cycle, not optimistic about the FIL first judgment to do is not optimistic about the economic model of the project, or not optimistic about the distributed storage track.
First of all, we are very confident in the distributed storage track and will certainly face a process of growth and decline, so as to make a choice for a better project.
Since the existing group of miners and the computing power already produced is fixed, and since EpiK miners and FIL miners are compatible, anytime miners will also make a choice for more promising and economically viable projects.
Filecoin consumes the value of the next few years this time, so it will plunge.
Regarding the market issues, the plunge is not a prediction, in the industry or to keep learning iteration and value judgment. Because up and down market sentiment is one aspect, there will be more very important factors. For example, the big washout in March this year, so it can only be said that it will slow down the development of the FIL community. But prices are indeed unpredictable.
User2:
Actually, in the end, if there are no applications and no one really uploads data, the market value will drop, so what are the landing applications of EpiK?
Leo: The best and most direct application of EpiK’s knowledge graph is the question and answer system, which can be an intelligent legal advisor, an intelligent medical advisor, an intelligent chef, an intelligent tour guide, an intelligent game strategy, and so on.
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Coinbase wallet helps in buying & selling the cryptocurrencies; it also facilitates in withdrawing the amount to credit in your attached financial institution.
How to contact Coinbase Support Number
With the best supportive feature for the smooth trading Coinbase also focus upon clarifying the queries or doubts of the users. If you wish to communicate directly with the customer assistance team, a toll-free number generated and the support team help with ease suggestive information. After a call on the Coinbase Support number instant aid and the support team helped in rectifying the issue. In the case of detail instructions for the technical error, email at help.Coinbase.com.
Steps to solve the issue by Coinbase Support Phone Number
User can either call on the Coinbase support number, email to support team or also search the solution through the FAQs section from the website of the Coinbase. To check the support section, find the detail instruction mentioned below.
At first visit the official website of the CoinbaseCoinbase.com After redirecting to the home page, find the Support option mentioned under the head Company. Now search for the issue or go through the Categories already available in the assistance of users. After choosing the relevant head for the problem, several questions reflect in the service of the user’s support. Read the detail instruction, and rectify the issue accordingly. For the users, who need an instant response on their query and not willing to wait for the response by the email support team, they should call on the toll freeCoinbase
support number available to tackle any issue with easy guidelines.
Coinbase offers computerized exchanging different items, putting resources into digital money, and encourages wallet application for the financial specialists managing in retails alongside self dollar stable coins. Coinbase secured the market with the great many clients on the quickest movement soon after dispatching in the early year of 2012.
At the underlying stage, Coinbase began managing in Bitcoin just and now secured numerous different digital currencies, for example, XRP, Ethereum, Bitcoin case, Litecoin and numerous others outlined under the decentralized managing rules of Coinbase.
With the specialized and non-specialized use, managing in Coinbase look back help to deal with any blunder or inconvenience established in exchanging, which figured out through the Coinbase client care number with the
the assistance of experienced and master heads.
Highlights of Coinbase
Coinbase exchanging is easy to deal with even by the new client by following the stepwise cycle of login upto selling and purchasing in digital currency. No application needed to download to run the wallet, just perusing through your work area, android or iOS, exchanging can happen successfully with an extra component of Coinbase Pro.
If we talk about liquidation, Coinbase gives outrageous liquidity office in trades and secure the clients starting from the big in value incline of the running business sector.
Coinbase wallet manages the quantity of cryptographic forms of money and gives the chance to pick according to the solace or value second for exchanging, venture just as marking.
Coinbase Customer support number
Rundown of inquiries has just raised on the Support page of the Coinbase considering the general difficulty may stall out in the login, exchanging or managing measure. You can dial Coinbase client care number just on difficult situation in your record; in any case, heads and subheads of inquiries and arrangement segment rapidly fathom the issues or type an email to the Coinbase uphold group.
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