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Meet Brock Pierce, the Presidential Candidate With Ties to Pedophiles Who Wants to End Human Trafficking

thedailybeast.com | Sep. 20, 2020.
The “Mighty Ducks” actor is running for president. He clears the air (sort of) to Tarpley Hitt about his ties to Jeffrey Epstein and more.
In the trailer for First Kid, the forgettable 1996 comedy about a Secret Service agent assigned to protect the president’s son, the title character, played by a teenage Brock Pierce, describes himself as “definitely the most powerful kid in the universe.” Now, the former child star is running to be the most powerful man in the world, as an Independent candidate for President of the United States.
Before First Kid, the Minnesota-born actor secured roles in a series of PG-rated comedies, playing a young Emilio Estevez in The Mighty Ducks, before graduating to smaller parts in movies like Problem Child 3: Junior in Love. When his screen time shrunk, Pierce retired from acting for a real executive role: co-founding the video production start-up Digital Entertainment Network (DEN) alongside businessman Marc Collins-Rector. At age 17, Pierce served as its vice president, taking in a base salary of $250,000.
DEN became “the poster child for dot-com excesses,” raising more than $60 million in seed investments and plotting a $75 million IPO. But it turned into a shorthand for something else when, in October of 1999, the three co-founders suddenly resigned. That month, a New Jersey man filed a lawsuit alleging Collins-Rector had molested him for three years beginning when he was 13 years old. The following summer, three teens filed a sexual-abuse lawsuit against Pierce, Collins-Rector, and their third co-founder, Chad Shackley. The plaintiffs later dropped their case against Pierce (he made a payment of $21,600 to one of their lawyers) and Shackley. But after a federal grand jury indicted Collins-Rector on criminal charges in 2000, the DEN founders left the country. When Interpol arrested them in 2002, they said they had confiscated “guns, machetes, and child pornography” from the trio’s beach villa in Spain.
While abroad, Pierce had pivoted to a new venture: Internet Gaming Entertainment, which sold virtual accessories in multiplayer online role-playing games to those desperate to pay, as one Wired reporter put it, “as much as $1,800 for an eight-piece suit of Skyshatter chain mail” rather than earn it in the games themselves. In 2005, a 25-year-old Pierce hired then-Goldman Sachs banker Steve Bannon—just before he would co-found Breitbart News. Two years later, after a World of Warcraft player sued the company for “diminishing” the fun of the game, Steve Bannon replaced Pierce as CEO.
Collins-Rector eventually pleaded guilty to eight charges of child enticement and registered as a sex offender. In the years that followed, Pierce waded into the gonzo economy of cryptocurrencies, where he overlapped more than once with Jeffrey Epstein, and counseled him on crypto. In that world, he founded Tether, a cryptocurrency that bills itself as a “stablecoin,” because its value is allegedly tied to the U.S. dollar, and the blockchain software company Block.one. Like his earlier businesses, Pierce’s crypto projects see-sawed between massive investments and curious deals. When Block.one announced a smart contract software called EOS.IO, the company raised $4 billion almost overnight, setting an all-time record before the product even launched. The Securities and Exchange Commission later fined the company $24 million for violating federal securities law. After John Oliver mocked the ordeal, calling Pierce a “sleepy, creepy cowboy,” Block.one fired him. Tether, meanwhile, is currently under investigation by the New York Attorney General for possible fraud.
On July 4, Pierce announced his candidacy for president. His campaign surrogates include a former Cambridge Analytica director and the singer Akon, who recently doubled down on developing an anonymously funded, $6 billion “Wakanda-like” metropolis in Senegal called Akon City. Pierce claims to be bipartisan, and from the 11 paragraphs on the “Policy” section of his website it can be hard to determine where he falls on the political spectrum. He supports legalizing marijuana and abolishing private prisons, but avoids the phrase “climate change.” He wants to end “human trafficking.” His proposal to end police brutality: body cams.
His political contributions tell a more one-sided story. Pierce’s sole Democratic contribution went to the short-lived congressional run of crypto candidate Brian Forde. The rest went to Republican campaigns like Marco Rubio, Rick Perry, John McCain, and the National Right to Life Political Action Committee. Last year alone, Pierce gave over $44,000 to the Republican National Committee and more than $55,000 to Trump’s re-election fund.
Pierce spoke to The Daily Beast from his tour bus and again over email. Those conversations have been combined and edited for clarity.
You’re announcing your presidential candidacy somewhat late, and historically, third-party candidates haven’t had the best luck with the executive office. If you don’t have a strong path to the White House, what do you want out of the race?
I announced on July 4, which I think is quite an auspicious date for an Independent candidate, hoping to bring independence to this country. There’s a lot of things that I can do. One is: I’m 39 years old. I turn 40 in November. So I’ve got time on my side. Whatever happens in this election cycle, I’m laying the groundwork for the future. The overall mission is to create a third major party—not another third party—a third major party in this country. I think that is what America needs most. George Washington in his closing address warned us about the threat of political parties. John Adams and the other founding fathers—their fear for our future was two political parties becoming dominant. And look at where we are. We were warned.
I believe, having studied systems, any time you have a system of two, what happens is those two things come together, like magnets. They come into collision, or they become polarized and become completely divided. I think we need to rise above partisan politics and find a path forward together. As Albert Einstein is quoted—I’m not sure the line came from him, but he’s quoted in many places—he said that the definition of insanity is making the same mistake or doing the same thing over and over and over again, expecting a different result. [Ed. note: Einstein never said this.] It feels like that’s what our election cycle is like. Half the country feels like they won, half the country feels like they lost, at least if they voted or participated.
Obviously, there’s another late-comer to the presidential race, and that’s Kanye West. He’s received a lot of flak for his candidacy, as he’s openly admitted to trying to siphon votes away from Joe Biden to ensure a Trump victory. Is that something you’re hoping to avoid or is that what you’re going for as well?
Oh no. This is a very serious campaign. Our campaign is very serious. You’ll notice I don’t say anything negative about either of the two major political candidates, because I think that’s one of the problems with our political system, instead of people getting on stage, talking about their visionary ideas, inspiring people, informing and educating, talking about problems, mentioning problems, talking about solutions, constructive criticism. That’s why I refuse to run a negative campaign. I am definitely not a spoiler. I’m into data, right? I’m a technologist. I’ve got digital DNA. So does most of our campaign team. We’ve got our finger on the pulse.
Most of my major Democratic contacts are really happy to see that we’re running in a red state like Wyoming. Kanye West’s home state is Wyoming. He’s not on the ballot in Wyoming I could say, in part, because he didn’t have Akon on his team. But I could also say that he probably didn’t want to be on the ballot in Wyoming because it’s a red state. He doesn’t want to take additional points in a state where he’s only running against Trump. But we’re on the ballot in Wyoming, and since we’re on the ballot in Wyoming I think it’s safe—more than safe, I think it’s evident—that we are not here to run as a spoiler for the benefit of Donald Trump.
In running for president, you’ve opened yourself up to be scrutinized from every angle going back to the beginning of your career. I wanted to ask you about your time at the Digital Entertainment Network. Can you tell me a little bit about how you started there? You became a vice president as a teenager. What were your qualifications and what was your job exactly?
Well, I was the co-founder. A lot of it was my idea. I had an idea that people would use the internet to watch videos, and we create content for the internet. The idea was basically YouTube and Hulu and Netflix. Anyone that was around in the ‘90s and has been around digital media since then, they all credit us as the creators of basically those ideas. I was just getting a message from the creator of The Vandals, the punk rock band, right before you called. He’s like, “Brock, looks like we’re going to get the Guinness Book of World Records for having created the first streaming television show.”
We did a lot of that stuff. We had 30 television shows. We had the top most prestigious institutions in the world as investors. The biggest names. High-net-worth investors like Terry Semel, who’s chairman and CEO of Warner Brothers, and became the CEO of Yahoo. I did all sorts of things. I helped sell $150,000 worth of advertising contracts to the CEOs of Pepsi and everything else. I was the face of the company, meeting all the major banks and everything else, selling the vision of what the future was.
You moved in with Marc Collins-Rector and Chad Shackley at a mansion in Encino. Was that the headquarters of the business?
All start-ups, they normally start out in your home. Because it’s just you. The company was first started out of Marc’s house, and it was probably there for the first two or three months, before the company got an office. That’s, like, how it is for all start-ups.
were later a co-defendant in the L.A. County case filed against Marc Collins-Rector for plying minors with alcohol and drugs, in order to facilitate sexual abuse. You were dropped from the case, but you settled with one of the men for $21,600. Can you explain that?
Okay, well, first of all, that’s not accurate. Two of the plaintiffs in that case asked me if I would be a plaintiff. Because I refused to be a part of the lawsuit, they chose to include me to discredit me, to make their case stronger. They also went and offered 50 percent of what they got to the house management—they went around and offered money to anyone to participate in this. They needed people to corroborate their story. Eventually, because I refused to participate in the lawsuit, they named me. Subsequently, all three of the plaintiffs apologized to me, in front of audiences, in front of many people, saying Brock never did anything. They dismissed their cases.
Remember, this is a civil thing. I’ve never been charged with a crime in my life. And the last plaintiff to have his case dismissed, he contacted his lawyer and said, “Dismiss this case against Brock. Brock never did anything. I just apologized. Dismiss his case.” And the lawyer said, “No. I won’t dismiss this case, I have all these out-of-pocket expenses, I refuse to file the paperwork unless you give me my out-of-pocket expenses.” And so the lawyer, I guess, had $21,000 in bills. So I paid his lawyer $21,000—not him, it was not a settlement. That was a payment to his lawyer for his out-of-pocket expenses. Out-of-pocket expenses so that he would file the paperwork to dismiss the case.
You’ve said the cases were unfounded, and the plaintiffs eventually apologized. But your boss, Marc Collins-Rector later pleaded guilty to eight charges of child enticement and registered as a sex offender. Were you aware of his behavior? How do you square the fact that later allegations proved to be true, but these ones were not?
Well, remember: I was 16 and 17 years old at the time? So, no. I don’t think Marc is the man they made him out to be. But Marc is not a person I would associate with today, and someone I haven’t associated with in a very long time. I was 16 and 17. I chose the wrong business partner. You live and you learn.
You’ve pointed out that you were underage when most of these allegations were said to take place. Did you ever feel like you were coerced or in over your head while working at DEN?
I mean, I was working 18 hours a day, doing things I’d never done before. It was business school. But I definitely learned a lot in building that company. We raised $88 million. We filed our [form] S-1 to go public. We were the hottest start-up in Los Angeles.
In 2000, you left the country with Marc Collins-Rector. Why did you leave? How did you spend those two years abroad?
I moved to Spain in 1999 for personal reasons. I spent those two years in Europe working on developing my businesses.
Interpol found you in 2002. The house where you were staying reportedly contained guns, machetes, and child pornography. Whose guns and child porn were those? Were you aware they were in the house, and how did those get there?
My lawyers have addressed this in 32 pages of documentation showing a complete absence of wrongdoing. Please refer to my webpage for more information.
[Ed. Note: The webpage does not mention guns, machetes, or child pornography. It does state:“It is true that when the local police arrested Collins-Rector in Spain in 2002 on an international warrant, Mr. Pierce was also taken into custody, but so was everyone at Collins-Rector’s house in Spain; and it is equally clear that Brock was promptly released, and no charges of any kind were ever filed against Brock concerning this matter.”]
What do you make of the allegations against Bryan Singer? [Ed. Note: Bryan Singer, a close friend of Collins-Rector, invested at least $50,000 in DEN. In an Atlantic article outlining Singer’s history of alleged sexual assault and statutory rape, one source claimed that at age 15, Collins-Rector abused him and introduced him to Singer, who then assaulted him in the DEN headquarters.]
I am aware of them and I support of all victims of sexual assault. I will let America’s justice system decide on Singer’s outcome.
In 2011, you spoke at the Mindshift conference supported by Jeffrey Epstein. At that point, he had already been convicted of soliciting prostitution from a minor. Why did you agree to speak?
I had never heard of Jeffrey Epstein. His name was not on the website. I was asked to speak at a conference alongside Nobel Prize winners. It was not a cryptocurrency conference, it was filled with Nobel Prize winners. I was asked to speak alongside Nobel Prize winners on the future of money. I speak at conferences historically, two to three times a week. I was like, “Nobel Prize winners? Sounds great. I’ll happily talk about the future of money with them.” I had no idea who Jeffrey Epstein was. His name was not listed anywhere on the website. Had I known what I know now? I clearly would have never spoken there. But I spoke at a conference that he cosponsored.
What’s your connection to the Clinton Global Initiative? Did you hear about it through Jeffrey Epstein?
I joined the Clinton Global Initiative as a philanthropist in 2006 and was a member for one year. My involvement with the Initiative had no connection to Jeffrey Epstein whatsoever.
You’ve launched your campaign in Minnesota, where George Floyd was killed by a police officer. How do you feel about the civil uprising against police brutality?
I’m from Minnesota. Born and raised. We just had a press conference there, announcing that we’re on the ballot. Former U.S. Senator Dean Barkley was there. So that tells you, when former U.S. Senators are endorsing the candidate, right?
[Ed. note: Barkley was never elected to the United States Senate. In November of 2002, he was appointed by then Minnesota Governor Jesse Venture to fill the seat after Sen. Paul Wellstone died in a plane crash. Barkley’s term ended on Jan. 3, 2003—two months later.]
Yes, George Floyd was murdered in Minneapolis. My vice-presidential running mate Karla Ballard and I, on our last trip to Minnesota together, went to visit the George Floyd Memorial. I believe in law and order. I believe that law and order is foundational to any functioning society. But there is no doubt in my mind that we need reform. These types of events—this is not an isolated incident. This has happened many times before. It’s time for change. We have a lot of detail around policy on this issue that we will be publishing next week. Not just high-level what we think, not just a summary, but detailed policy.
You said that you support “law and order.” What does that mean?
“Law and order” means creating a fair and just legal system where our number one priority is protecting the inalienable rights of “Life, Liberty and the pursuit of Happiness” for all people. This means reforming how our police intervene in emergency situations, abolishing private prisons that incentivize mass incarceration, and creating new educational and economic opportunities for our most vulnerable communities. I am dedicated to preventing crime by eliminating the socioeconomic conditions that encourage it.
I support accountability and transparency in government and law enforcement. Some of the key policies I support are requiring body-cams on all law enforcement officers who engage with the public, curtailing the 1033 program that provides local law enforcement agencies with access to military equipment, and abolishing private prisons. Rather than simply defund the police, my administration will take a holistic approach to heal and unite America by ending mass incarceration, police brutality, and racial injustice.
Did you attend any Black Lives Matter protests?
I support all movements aimed at ending racial injustice and inequality. I​ have not attended any Black Lives Matter protests.​ My running-mate, Karla Ballard, attended the March on Washington in support of racial justice and equality.
Your platform doesn’t mention the words “climate change.” Is there a reason for that?
I’m not sure what you mean. Our policy platform specifically references human-caused climate change and we have a plan to restabilize the climate, address environmental degradation, and ensure environmental sustainability.
[Ed. Note: As of writing the Pierce campaign’s policy platform does not specifically reference human-caused climate change.]
You’ve recently brought on Akon as a campaign surrogate. How did that happen? Tell me about that.
Akon and I have been friends for quite some time. I was one of the guys that taught him about Bitcoin. I helped make some videogames for him, I think in 2012. We were talking about Bitcoin, teaching him the ropes, back in 2013. And in 2014, we were both speaking at the Milken Global Conference, and I encouraged him to talk about how Bitcoin, Africa, changed the world. He became the biggest celebrity in the world, talking about Bitcoin at the time. I’m an adviser to his Akoin project, very interested in the work that he’s doing to build a city in Africa.
I think we need a government that’s of, for, and by the people. Akon has huge political aspirations. He obviously was a hugely successful artist. But he also discovered artists like Lady Gaga. So not only is he, himself, a great artist, but he’s also a great identifier and builder of other artists. And he’s been a great businessman, philanthropist. He’s pushing the limits of what can be done. We’re like-minded individuals in that regard. I think he’ll be running for political office one day, because he sees what I see: that we need real change, and we need a government that is of, for, and by the people.
You mentioned that you’re an adviser on Akoin. Do you have any financial investments in Akoin or Akon City?
I don’t believe so. I’d have to check. I have so much stuff. But I don’t believe that I have any economic interests in his stuff. I’d have to verify that. We’ll get back to you. I don’t believe that I have any economic interests. My interest is in helping him. He’s a visionary with big ideas that wants to help things in the world. If I can be of assistance in helping him make the world a better place, I’m all for it. I’m not motivated by money. I’m not running for office because I’m motivated by power. I’m running for office because I’m deeply, deeply concerned about our collective future.
You’ve said you’re running on a pro-technology platform. One week into your campaign last month, a New York appeals court approved the state Attorney General’s attempt to investigate the stablecoin Tether for potentially fraudulent activity. Do you think this will impact your ability to sell people on your tech entrepreneurship?
No, I think my role in Tether is as awesome as it gets. It was my idea. I put it together. But I’ve had no involvement in the company since 2015. I gave all of my equity to the other shareholders. I’ve had zero involvement in the company for almost six years. It was just my idea. I put the initial team together. But I think Tether is one of the most important innovations in the world, certainly. The idea is, I digitized the U.S. dollar. I used technology to digitize currency—existing currency. The U.S. dollar in particular. It’s doing $10 trillion a year. Ten trillion dollars a year of transactional volume. It’s probably the most important innovation in currency since the advent of fiat money. The people that took on the business and ran the business in years to come, they’ve done things I’m not proud of. I’m not sure they’ve done anything criminal. But they certainly did things differently than I would do. But it’s like, you have kids, they turn 18, they go out into the world, and sometimes you’re proud of the things they do, and sometimes you shake your head and go, “Ugh, why did you do that?” I have zero concerns as it relates to me personally. I wish they made better decisions.
What do you think the investigation will find?
I have no idea. The problem that was raised is that there was a $5 million loan between two entities and whether or not they had the right to do that, did they disclose it correctly. There’s been no accusations of, like, embezzlement or anything that bad.
[Ed. Note: The Attorney General’s press release on the investigation reads: “Our investigation has determined that the operators of the ‘Bitfinex’ trading platform, who also control the ‘tether’ virtual currency, have engaged in a cover-up to hide the apparent loss of $850 million dollars of co-mingled client and corporate funds.”]
But there’s been some disclosure things, that is the issue. No one is making any outrageous claims that these are people that have done a bunch of bad—well, on the internet, the media has said that the people behind the business may have been manipulating the price of Bitcoin, but I don’t think that has anything to do with the New York investigation. Again, I’m so not involved, and so not at risk, that I’m not even up to speed on the details.
[Ed note: A representative of the New York State Attorney General told Forbes that he “cannot confirm or deny that the investigation” includes Pierce.]
We’ve recently witnessed the rise of QAnon, the conspiracy theory that Hollywood is an evil cabal of Satanic pedophiles and Trump is the person waging war on them. You mentioned human trafficking, which has become a cause for them. What are your thoughts on that?
I’ve watched some of the content. I think it’s an interesting phenomenon. I’m an internet person, so Anonymous is obviously an organization that has been doing interesting stuff. It’s interesting. I don’t have a big—conspiracy theory stuff is—I guess I have a question for you: What do you think of all of it, since you’re the expert?
You know, I think it’s not true, but I’m not running for president. I do wonder what this politician [Georgia congressional candidate Marjorie Taylor Greene], who’s just won her primary, is going to do on day one, once she finds out there’s no satanic cabal room.
Wait, someone was running for office and won on a QAnon platform, saying that Hollywood did—say what? You’re the expert here.
She won a primary. But I want to push on if we only have a few minutes. In 2006, your gaming company IGE brought on Steve Bannon as an investor. Goldman later bought out most of your stock. Bannon eventually replaced you as CEO of Affinity. You’ve described him as your “right-hand man for, like, seven years.” How well did you know Bannon during that time?
Yes, so this is in my mid-twenties. He wasn’t an investor. He worked for me. He was my banker. He worked for me for three years as my yield guide. And then he was my CEO running the company for another four years. So I haven’t worked with Steve for a decade or so. We worked in videogame stuff and banking. He was at Goldman Sachs. He was not in the political area at the time. But he was a pretty successful banker. He set up Goldman Sachs Los Angeles. So for me, I’d say he did a pretty good job.
During your business relationship, Steve Bannon founded Breitbart News, which has pretty consistently published racist material. How do you feel about Breitbart?
I had no involvement with Breitbart News. As for how I feel about such material, I’m not pleased by any form of hate-mongering. I strongly support the equality of all Americans.
Did you have qualms about Bannon’s role in the 2016 election?
Bannon’s role in the Trump campaign got me to pay closer attention to what he was doing but that’s about it. Whenever you find out that one of your former employees has taken on a role like that, you pay attention.
Bannon served on the board of Cambridge Analytica. A staffer on your campaign, Brittany Kaiser, also served as a business director for them. What are your thoughts on their use of illicitly-obtained Facebook data for campaign promotional material?
Yes, so this will be the last question I can answer because I’ve got to be off for this 5:00 pm. But Brittany Kaiser is a friend of mine. She was the whistleblower of Cambridge Analytica. She came to me and said, “What do I do?” And I said, “Tell the truth. The truth will set you free.”
[Ed. Note: Investigations in Cambridge Analytica took place as early as Nov. 2017, when a U.K. reporter at Channel 4 News recorded their CEO boasting about using “beautiful Ukranian girls” and offers of bribes to discredit political officials. The first whistleblower was Christopher Wylie, who disclosed a cache of documents to The Guardian, published on Mar. 17, 2018. Kaiser’s confession ran five days later, after the scandal made national news. Her association with Cambridge Analytica is not mentioned anywhere on Pierce’s campaign website.]
So I’m glad that people—I’m a supporter of whistleblowers, people that see injustice in the world and something not right happening, and who put themselves in harm’s way to stand up for what they believe in. So I stand up for Brittany Kaiser.
Who do you think [anonymous inventor of Bitcoin] Satoshi Nakamoto is?
We all are Satoshi Nakamoto.
You got married at Burning Man. Have you been attending virtual Burning Man?
I’m running a presidential campaign. So, while I was there in spirit, unfortunately my schedule did not permit me to attend.
OP note: please refer to the original article for reference links within text (as I've not added them here!)
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Twitter Hacked, Google Discard Twitter’s Carousel, SERP’s Impact On CTR, New Google Ads Features and A GMB Update

Twitter Hacked, Google Discard Twitter’s Carousel, SERP’s Impact On CTR, New Google Ads Features and A GMB Update

Did you hear about the enormous cyberattack against Twitter? Why did Google remove Twitter’s carousel from the search results page? How does SERP impact click-through rates? What are the new features Google introduced to RSA? Will an email be GMB users only notification about their listing’s suspension?

“Good marketing makes the company look good. Great marketing makes the customer feel smart.” – Joe Chernov

In this article, we’ll cover the following digital marketing news:

  1. Twitter suffered a huge cyberattack
  2. Twitter’s carousel was removed from Google’s search result page
  3. [Study] Google SERP’s impact on click-through rates
  4. Google adds new features for RSA
  5. Email notifications by GMB about listing suspension
Ready to dive in?

Social Media News

A Massive Hacker Attack Hits Twitter

Numerous high-profile Twitter accounts have been hacked by attackers spreading a cryptocurrency scam. According to Twitter, approximately 130 users have been targeted as part of the cyberattack.
https://preview.redd.it/231twtji8sc51.png?width=536&format=png&auto=webp&s=acc9784b4420c1f4f34150ecbf0451574450dedb
Some of the high-profile users whose accounts were hacked include former US president Barack Obama, former US vice-president Joe Biden, numerous billionaires like Elon Musk, Warren Buffett and Jeff Bezos, celebrities like Kim Kardashian West and Kanye West as well as world-famous companies such as Apple and Uber.
While we are all still holding our breath to learn more specifics around the attack, we heard through the grapevine that the hacker behind the attack used Twitter’s own Admin tool to spread the cryptocurrency scam which was later confirmed by the company itself.
https://preview.redd.it/94d512bk8sc51.png?width=530&format=png&auto=webp&s=ae912188a596226b406434a5788bad8a93513199
As much as such types of scam are pretty common, the scope of the attack is unprecedented on the social network. It’s also unclear how much control over the compromised accounts the hacker had. However, according to Twitter, there were no evidence passwords were compromised, therefore, the company advised password reset is unnecessary.
However, the company has not provided the same certainty when it comes to other personal/private information; including, the contents of direct messages. Will there be a future leak on how Elon Musk and Grimes came up with their recent child’s name – X Æ A-Xii?
23 July 2020 UPDATE: Nearly a week after the major cyberattack on Twitter, the company revealed that the hackers behind the bitcoin scam indeed had viewed private direct messages (DMs) from 36 accounts that were involved in the hack. Additionally, it is believed that the victims of the scam have sent about £93,600 in bitcoin to the hackers. The amount could’ve potentially been higher if a crypto-current exchange had not blocked any further transfers. We may expect more details revealed about the hack once the company posts its financial results by end of today – Thursday, 23rd.

Search Engine and SEO News

Google Search Removes Twitter’s Carousel

After Twitter’s massive cyberattack, Google has removed Twitter’s carousel from the search result pages.
https://preview.redd.it/12are5gn8sc51.png?width=533&format=png&auto=webp&s=bd51c759c2d214143d064fe1880bec7414f88cb8
It appears that the carousel box has not only been removed for the affected Twitter accounts but for all. According to Google’s spokesperson, this is a temporary measure following the cyberattack on Twitter; and, the reinstating of the functionality will happen after a careful review.

[Study] How Google SERP Impacts CTR

A study conducted by Sistrix concluded that the average CTR for first position organic search results in Google is 28.5%.
The study also found that after the first position search result the percentage decreases rapidly with the average CTR for the second position being 15.7% and for third only 11%. As for the tenth position, the average CTR is just 2.5%.
https://preview.redd.it/4oak05ap8sc51.png?width=768&format=png&auto=webp&s=e207b2a37f5545559cd4b6f8bc959eed678d61b7
Furthermore, searches for which sitelinks (hyperlinks to website subpages that appear under certain Google listings in order to help users navigate the site) are considered to have a much more satisfying CTR than organic SERPs – 46.9% to 34.2%.
https://preview.redd.it/3k2s7rdq8sc51.png?width=512&format=png&auto=webp&s=9de7a6dedd66aa42dcfab8fa0e0cf09b6bdac6b1
In general, the study confirms keyword search volume is not the only thing factoring when estimating potential clicks.
If you’d like to read the full report click here.

PPC and Ads News

Google Ads Introduces New Features For Responsive Search Ads (RSA)

Google announced that it’ll introduce five new features to their Responsive Search Ads (RSA) –
1) location insertion – advertisers will be able to add where their product/service is offered and once set up, it’ll automatically include city, state or country based on the locations of potential customers;
2) countdown customiser – it will help advertisers promote sales and events in responsive search ads (RSA). For example, if you are a mobile phone reseller and you’ve got a limited sales offer for Samsung S10+, this feature will allow you to automatically show how much time there is left on the deal;
3) copy asset suggestions – this functionality has been improved, giving advertisers the option to create more informative RSA by providing suggestions when an advertiser writes a headline or a description;
4) cross-campaign asset reporting – this feature will allow advertisers to examine more assets at once, recognising what resonates with the customers better and faster; and
5) new recommendations – it will help advertisers improve RSA when their strength is lower ‘good’. When advertisers are checking the optimisation score, they can take a look at the recommendations. They will help identify opportunities for improvement of responsive search ads.

Digital Marketing News

As a result of a new EU law that was recently introduced, Google will now begin notifying Google My Business (GMB) account owners of local listings suspensions by email. However, as shown in the example below, there are no explanatory details behind the reason for the listing’s suspension.
https://preview.redd.it/tbpn5ckw8sc51.png?width=800&format=png&auto=webp&s=1aaa822b6eb6bbed9c4a14ef3624119e4f75a495
In the past, for a business to find out if their GMB listing was suspended, they had to sign in into their GMB account. Another way to notice was decreased call volume, web traffic and conversions.
According to our friend and GMB specialist Ben Fisher, hard suspensions (where the listing is removed completely from Google Search and Maps) are “the most common type”. While soft suspensions (the listing is left online but the owner can’t manage it) are the least common type of suspensions.
Why should you care? GMB not only allows your listing to appear in Maps but also for people to leave reviews (which earns trust), message you directly and increase traffic and sales but most of all, it’s also cost-effective. Suspensions are and have been, the source of a substantial amount of frustration for quite a lot of businesses. So much so, users must make sure their GMB listing is compliant and within the guidelines. However, if you receive such email notification, go through the guidelines again; make any necessary changes; and, request for your listing to be reinstated.

Final Thoughts

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This article was originally published on 17 July and can be found here.

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Crypto-Powered: Understanding Bitcoin, Ethereum, and DeFi

Crypto-Powered: Understanding Bitcoin, Ethereum, and DeFi
Until one understands the basics of this tech, they won’t be able to grasp or appreciate the impact it has on our digital bank, Genesis Block.
https://reddit.com/link/ho4bif/video/n0euarkifu951/player
This is the second post of Crypto-Powered — a new series that examines what it means for Genesis Block to be a digital bank that’s powered by crypto, blockchain, and decentralized protocols.
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Our previous post set the stage for this series. We discussed the state of consumer finance and how the success of today’s high-flying fintech unicorns will be short-lived as long as they’re building on legacy finance — a weak foundation that is ripe for massive disruption.
Instead, the future of consumer finance belongs to those who are deeply familiar with blockchain tech & decentralized protocols, build on it as the foundation, and know how to take it to the world. Like Genesis Block.
Today we begin our journey down the crypto rabbit hole. This post will be an important introduction for those still learning about Bitcoin, Ethereum, or DeFi (Decentralized Finance). This post (and the next few) will go into greater detail about how this technology gives Genesis Block an edge, a superpower, and an unfair advantage. Let’s dive in…
https://preview.redd.it/1ugdxoqjfu951.jpg?width=650&format=pjpg&auto=webp&s=36edde1079c3cff5f6b15b8cd30e6c436626d5d8

Bitcoin: The First Cryptocurrency

There are plenty of online resources to learn about Bitcoin (Coinbase, Binance, Gemini, Naval, Alex Gladstein, Marc Andreessen, Chris Dixon). I don’t wanna spend a lot of time on that here, but let’s do a quick overview for those still getting ramped up.
Cryptocurrency is the most popular use-case of blockchain technology today. And Bitcoin was the first cryptocurrency to be invented.
Bitcoin is the most decentralized of all crypto assets today — no government, company, or third party can control or censor it.
Bitcoin has two primary features (as do most other cryptocurrencies):
  1. Send Value You can send value to anyone, anywhere in the world. Nobody can intercept, delay or stop it — not even governments or financial institutions. Unlike with traditional money transfers or bank wires, there are no layers of middlemen. This results in a process that is much more cost-efficient. Some popular use-cases include remittances and cross-border payments.
  2. Store Value With nothing but a smartphone, you can become your own bank and store your own funds. Nobody can seize your assets. The funds are digital and stored on a blockchain. Your money no longer needs to be stored at a bank, in a vault, or under your mattress. I covered a few inspiring use-cases in a previous post. They include banking the unbanked, protecting assets from government seizure, mitigating the risk of a bank run, and protection against hyperinflation (like what recently happened in Venezuela).
The fact that there are so few things one can do with Bitcoin is one of its greatest strengths.
Its design is simple, elegant, and focused. It has been 10+ years since Satoshi’s white paper and no one has been able to crack or hack the Bitcoin network. With a market cap of $170B, there is plenty of incentive to try.
https://preview.redd.it/bizndfpkfu951.png?width=800&format=png&auto=webp&s=456c53b798248e60456a65835a33c69b2fe8daf0

Public Awareness

A few negative moments in Bitcoin’s history include the collapse of Mt. Gox — which resulted in hundreds of millions of customer funds being stolen — as well as Bitcoin’s role in dark markets like Silk Road — where Bitcoin arguably found its initial userbase.
However, like most breakthrough technology, Bitcoin is neither good nor bad. It’s neutral. People can use it for good or they can use it for evil. Thankfully, it’s being used less and less for illicit activity. Criminals are starting to understand that transactions on a blockchain are public and traceable — it’s exactly the type of system they usually try to avoid. And it’s true, at this point “a lot more” crimes are actually committed with fiat than crypto.
As a result, the perception of bitcoin and cryptocurrency has been changing over the years to a more positive light.
Bitcoin has even started to enter the world of media & entertainment. It’s been mentioned in Hollywood films like Spiderman: Into the Spider-Verse and in songs from major artists like Eminem. It’s been mentioned in countless TV shows like Billions, The Simpsons, Big Bang Theory, Gray’s Anatomy, Family Guy, and more.
As covid19 has ravaged economies and central banks have been printing money, Bitcoin has caught the attention of many legendary Wall Street investors like Paul Tudor Jones, saying that Bitcoin is a great bet against inflation (reminding him of Gold in the 1970s).
Cash App already lets their 25M users buy Bitcoin. It’s rumored that PayPal and Venmo will soon let their 325M users start buying Bitcoin. Bitcoin is by far the most dominant cryptocurrency and is showing no signs of slowing down. For more than a decade it has delivered on its core use-cases — being able to send or store value.
At this point, Bitcoin has very much entered the zeitgeist of modern pop culture — at least in the West.
https://preview.redd.it/dnuwbw8mfu951.png?width=800&format=png&auto=webp&s=6f1f135e3effee4574b5167901b80ced2c972bda

Ethereum: Programmable Money

When Ethereum launched in 2015, it opened up a world of new possibilities and use-cases for crypto. With Ethereum Smart Contracts (i.e. applications), this exciting new digital money (cryptocurrency) became a lot less dumb. Developers could now build applications that go beyond the simple use-cases of “send value” & “store value.” They could program cryptocurrency to have rules, behavior, and logic to respond to different inputs. And always enforced by code. Additional reading on Ethereum from Linda Xie or Vitalik Buterin.
Because these applications are built on blockchain technology (Ethereum), they preserve many of the same characteristics as Bitcoin: no one can stop, censor or shut down these apps because they are decentralized.
One of the first major use-cases on Ethereum was the ability to mint and create your own token, your own cryptocurrency. Many companies used this as a way to fundraise from the public. This led to the 2017 ICO bubble (Initial Coin Offerings). Some tokens — and the apps/networks they powered — were fascinating and innovative. Most tokens were pointless. And many tokens were outright scams. Additional token reading from Fred Ehrsam, Balaji, and Naval.
https://reddit.com/link/ho4bif/video/b5b1jh9ofu951/player

Digital Gold Rush

Just as tokens grew in popularity in 2017–2018, so did online marketplaces where these tokens could be bought, sold, and traded. This was a fledgling asset class — the merchants selling picks, axes, and shovels were finally starting to emerge.
I had a front-row seat — both as an investor and token creator. This was the Wild West with all the frontier drama & scandal that you’d expect.
Binance — now the world’s largest crypto exchange —was launched during this time. They along with many others (especially from Asia) made it really easy for speculators, traders, and degenerate gamblers to participate in these markets. Similar to other financial markets, the goal was straightforward: buy low and sell high.
https://preview.redd.it/tytsu5jnfu951.jpg?width=600&format=pjpg&auto=webp&s=fe3425b7e4a71fa953b953f0c7f6eaff6504a0d1
That period left an embarrassing stain on our industry that we’ve still been trying to recover from. It was a period rampant with market manipulation, pump-and-dumps, and scams. To some extent, the crypto industry still suffers from that today, but it’s nothing compared to what it was then.
While the potential of getting filthy rich brought a lot of fly-by-nighters and charlatans into the industry, it also brought a lot of innovators, entrepreneurs, and builders.
The launch and growth of Ethereum has been an incredible technological breakthrough. As with past tech breakthroughs, it has led to a wave of innovation, experimentation, and development. The creativity around tokens, smart contracts, and decentralized applications has been fascinating to witness. Now a few years later, the fruits of those labors are starting to be realized.

DeFi: Decentralized Finance

So as a reminder, tokens are cryptocurrencies. Cryptocurrencies can carry value. And value is a lot like money. Because tokens are natively integrated with Ethereum, it’s been natural for developers to build applications related to financial services — things like lending, borrowing, saving, investing, payments, and insurance. In the last few years, there has been a groundswell of developer momentum building in this area of financial protocols. This segment of the industry is known as DeFi (Decentralized Finance).
https://preview.redd.it/f0sjzqspfu951.png?width=461&format=png&auto=webp&s=8e0a31bf29250fc624918fbd8514b008762f379e
In Q2 of 2020, 97% of all Ethereum activity was DeFi-related. Total DeFi transaction volume has reached $11.5B. The current value locked inside DeFi protocols is approaching $2 Billion (double from a month ago). DeFi’s meteoric growth cannot be ignored.
Most of that growth can be attributed to exciting protocols like Compound, Maker, Synthetix, Balancer, Aave, dYdX, and Uniswap. These DeFi protocols and the financial services they offer are quickly becoming some of the most popular use-cases for blockchain technology today.
https://preview.redd.it/wn3phnkqfu951.png?width=800&format=png&auto=webp&s=02f56caa6b94aa59eadd6e368ef9346ba10c7611
This impressive growth in DeFi certainly hasn’t come without growing pains. Unlike with Bitcoin, there are near-infinite applications one can develop on Ethereum. Sometimes bugs (or typos) can slip through code reviews, testing, and audits — resulting in loss of funds.
Our next post will go much deeper on DeFi.

Wrap Up

I know that for the hardcore crypto people, what we covered today is nothing new. But for those who are still getting up to speed, welcome! I hope this was helpful and that it fuels your interest to learn more.
Until you understand the basics of this technology, you won’t be able to fully appreciate the impact that it has on our new digital bank, Genesis Block. You won’t be able to understand the implications, how it relates, or how it helps.
After today’s post, some of you probably have a lot more questions. What are specific examples or use-cases of DeFi? Why does it need to be on a blockchain? What benefits does it bring to Genesis Block and our users?
In upcoming posts, we answer these questions. Today’s post was just Level 1. It set the foundation for where we’re headed next: even deeper down the crypto rabbit hole.
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Other Ways to Consume Today's Episode:
We have a lot more content coming. Be sure to follow our channels: https://genesisblock.com/follow/
Have you already downloaded the app? We're Genesis Block, a new digital bank that's powered by crypto & decentralized protocols. The app is live in the App Store (iOS & Android). Get the link to download at https://genesisblock.com/download
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Weekly Update: First ParJar Pilot Class, Constellation partners with Chainlink, $BAT on 2gether, Pynk on BlockMAG... – 11 Oct - 17 Oct'19

Weekly Update: First ParJar Pilot Class, Constellation partners with Chainlink, $BAT on 2gether, Pynk on BlockMAG... – 11 Oct - 17 Oct'19
Hi everyone! Here’s your week at Parachute + partners (11 Oct - 17 Oct'19):

The first ParJar Pilot Class is officially off to a roaring start with 5 amazing projects and their communities. Here’s to a great future. This was the perfect occasion to announce a ParJar Battle Royale for our ParJar Pilot partners. Blood will be spilled next week. Pow! ParJar now has almost 20k active users. It works in 400+ communities and has seen 400k+ transactions. Say what! Par4Par lottery entered stage 5 this week. The stakes are even higher. 250k $PAR in prizes. Dang! Reflecting on Vitalik Buterin’s observation, Cap says: “...we’ve done things in reverse here at Parachute - we grew an amazing community around exploring ideas and built our tech to meet what they needed”. What are your thoughts on buying houses for USD 1 each in an Italian town for building the Parachute village? Cap’s recommendation. Haha.
Andy’s Advent calendar. Each window is a 16.9 oz can of beer. Sweet!
We saw Tiproom become the 17th most active group on Telegram a few weeks back. Well, hold on to your pants because it is now the 12th most active group. Whoa! A big reason for the group’s constant buzz are the amazing trivias hosted by the TTR crew. This week was no different. Doc Victor’s Sunday medical trivia had 8 Qs, 3k $PAR each. This was a quiz with a twist. In Doc’s words: "..beware, in each question they will have to diagnose a case based on symptoms and signs that I will give them". Noice! Charlotte’s Tuesday Trivia had 10 questions with a 25k $PAR prize pool. Another trivia by Victor (not the Doc) had another 10 Q’s, 2500 $PAR each. Listened to the TTR theme yet? DJ Jose in da house with a rocking theme. Wicked! Congratulations to Mario for winning the pet contest in TTR. Sebastian made a compilation video of all the entries. Awww!
Let’s see if Cap’s guerrilla marketing at Burger Joint in NYC gets us a new Parachuter
Victor’s Friday trivia at aXpire was the usual 10 Q, 100 $AXPR per Q affair. And like always, super duper fun! If you missed news from Week 41 at aXpireverse, Joakim’s got your back. Check out his video to catch up. CEO Gary Markham travelled to India this week to prepare for the Bilr release. Click here to track the latest 20k $AXPR burn. Plus, a featured article by Hosting Advice was pretty cool. 2gether added Basic Attention Token ($BAT) support to the app this week. Let the $BAT spending begin! Use the invite code: paywithbat to get 100 $2GT free when you sign up for the app. Know of a startup that’s going to Malta Blockchain Summit? Let the XIO crew know since the team will be attending along with Uptrennd. Benjamin’s tutorial video on market cycles with the BOMB token as case study was riveting and full of useful info. This week’s Dash-walk-the-talk discussion revolved around getting unstuck as an entrepreneur. After taking inputs from the community 2 weeks back, the BOMB Board finalised on the team and way forward to manage the BOMB Instagram. For the latest update on the Birdchain app, click here. Congratulations to Bounty0x for crossing 2.5x of its funding goal on Republic with more than 2 months to go. Voyager is offering a 5% annual interest on ETHOS tokens held on their platform. Read more about it here. The news was also covered by SludgeFeed. Wendy O shared her usability experience of Voyager as well.
Bitcoin ATM in Alexis’ neighbourhood. Cool!
The McAfeeDex launched last week is off to a tremendous start. Bitcoin Cash’s Roger Ver spoke briefly on it in a news roundup video. 6 portals are live already. If you’re still wondering how to list your token on the Dex, here’s a simple guide from the man himself. Binance Chain support coming soon! SwitchDex is now trackable on DappRadar and State of the DApps. The team has set up a dedicated TG group for folks wanting to BUIDL on SwitchDex. Also, Callisto Network is slated to do a security audit of the McAfeeDex contracts. Great stuff! Peeps who missed the Fantom AMA with G.Crypto from 2 weeks back, can catch up from the transcript released this week. The latest technical update is detailed and covers all major changes in code. Uptrennd started a new video intro contest for a 2500 $1UP prize pool. Woot! Full transcript of Jeff’s interview with OmiseGo CTO Kasima from few weeks back was released this week. $1UP can now be spent in tons of retail chains thanks to a newly forged partnership with MobiePay. Last week we saw Jarau buy a laptop with his Uptrennd earnings. This week we learnt about Zubair buying a mobile phone with his $1UP earnings. Neat! The latest biweekly Dev update and weekly District update from Ditrict0x covers news such as Ethlance redesign, Meme factory NSFW filter etc.
Uptrennd continues to breach new heights on Alexa rankings every week

OST has set up a community slack to coordinate all Pepo related feedback received for the Pepo app. So join in if you want to help out! Did you know that Pepo is home to some of the most influential people in crypto? This week, we heard from Ethereum and Coinbase investor Bobby Goodlatte. The app crossed 20k P2P transactions and is now live in both app stores. The first such with micro-transactions, in-app purchases and cash-out options for crypto. Few weeks back, the Sentivate community chose to burn tokens (vs a raffle). This week, they voted on how many to burn. The $SNTVT crew sat down for a live Q&A with Bit Shaman this week. The team also wrote about possible future use-cases of the Universal Web with short story threads. Cryptoreview.xyz’s review of the project also came out this week. Constellation announced that it is joining Chainlink as a new node operator in order to stream enterprise data to Chainlink’s smart contracts. Click here for the PR release. The technical overview paper gets into details of what the partnership means for both companies. Bags Token hosted an AMA this week in their Telegram group. Hope you had an opportunity to get your doubts cleared. Community member Con built a $BAGS-centric image/gif board called bagsbook. Check it out! In a bit of a sobering news, Scroll (XD Token) ceased business operations this week.
Constellation will act as an oracle for Chainlink by streaming verified data to the network
Pynk was featured in the latest edition of the BlockMAG published by the Malta Blockchain Summit. COO Rupert Barksfield was invited by NatWest to speak on how to get traction for tech projects. Rupert’s interview by Ayo News where he explains how AI and crowd wisdom works in tandem at Pynk came out as well. Pynk Tank is Pynk's very own think tank intiative which hosts meet ups, panel discussions, podcasts with entrepreneurs, thought leaders etc. Their latest event was this week. Folks who are yet to figure out what Pynk does can read co-founder Zack Yurtsever’s article that explains it all. Following up on the Hydro Vault sneak peek from last week, check out its detailed update on the dev front. How can the Hydro platform be used to get acceleration for your fintech product? Click here to read how. Co-Founder Mike Kane travelled to the AWS Loft in NYC for the Shearman & Sterling Empire Startups Demo Day event to showcase Hydro’s fintech solutions. $HYDRO got listed on the Coinone exchange. This will be $HYDRO's first IDR fiat on-ramp. With bZx joining the Hydro dApp store this week, it now has an impressive line up of partners. Thanks to the massive community push, $HYDRO will be listed on Atomic Wallet in its next release. For a quick summary of the latest news from Hydroverse, click here. Most of these have already been covered in our updates. Silent Notary conducted the first ever speedtest of its IDL network. The team published the results and steps to optimise the code. In its current state, the network is able to execute 5-12 transactions per second. The first version of the SelfKey Corporate Wallet was launched this week. The corporate wallet will allow you to purchase digital services for your business in the future. Plus, a partnership with ChangeNOW allows easy crypto swapping from the marketplace.

And with that, we close for another week in the Parachuteverse. See you soon with another update. Cheers!
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Weekly Update: Parachute Digestive, #UptrenndOC Contest, launch of Defswap, Harmony in India... – 8 Nov - 14 Nov'19

Weekly Update: Parachute Digestive, #UptrenndOC Contest, launch of Defswap, Harmony in India... – 8 Nov - 14 Nov'19
Hiya Parachuters! We are almost there. Just one more update to go after this to get completely upto speed with the latest week. So, here’s your week at Parachute + partners (8 Nov - 14 Nov'19):

Cap published the first Parachute Digestive ever - a biweekly summary of Parachute and ParJar-focused updates. That’s right – 21k users, 512k tips, 20k deposits, 33k withdrawals. Massive! OG Parachuters might have received an email as well. In trivias this week, we had a movie quiz in TTR for 2500 $PAR per Q and another one with a 25k $PAR prize pool. Charlotte’s Math trivia was another fun one with 2500 $PAR in prizes per question. Harry hosted a Netflix and TV show trivia. All your hours spent binging finally came to fruition. Tiproom games has moved to a new channel. This week’s creative contest by Jason involved creating a Christmas-themed promo poster to capture the spirit of Parachute that draws new people in to join. 50k $PAR in store for the winners of #Parichristmas. Yay! LordHades shared the first update of Fantasy Premier League (#FPL) this week. LH is at the top with 696 points followed by NovelCloud with 681 points and Chris (@Loki25) with 672 points.
#Parichristmas entries from A: Alejandro, B: Carlos Alfredo, C: Nat, D: Ali, E: Eva, F: Richi, G: FlareofFlame, H: Emma, I: Marcos, J: Carlos
Jason hosted a writing contest as well: “…write a scary short story, I mean really short. The max amount of words is 20. You need to have a parachute element in it somehow.” 10k $PAR in prizes each for top 3 winners of #donkeysattentionspan. Proud pet owners showed off their awesome pets and shared some of their stories in this week’s #wholesomewed. TTR Dance Contest started this week with prize pool of 15k $PAR for the top 5 winners and another 15k $PAR for participants. Videos would have to be to the rhythm of the TTR theme created by Jose. Super fun! In this week’s update of the Parachute Fantasy Football League (#PFFL), Clinton (8-2), Hang (8-2) and Chris (7-3) are still in top 3 with Chris sliding down to 3rd position. It is a four-way tie for 4th place with Alexis, Nilz, Ken and Andy, all at 6-4. Two-for-Tuesday this week was about bands or song titles named after a place - could be a city, state or country. Gian also unveiled the official logo for Two-for-Tuesday. A masterpiece by Jose:
This is too good, Jose!
aXpire’s article from last week on ResolvBilDigitalShares was published on Hackernoon this week and also got a shoutout from them. Nice! CEO Gary Markham travelled to an AltsMIA event to spread the word on aXpire. He also visited the Blockchain Center in Miami to explore partnership opportunities there. The team will be putting MatchBX on the backburner for the time being and shift all its focus to Resolvr, Bilr, Digital Shares, and PayBX. Click here to read more about the strategy. The latest weekly update video can be seen here. The weekly 20k $AXPR burn went ahead as per schedule. Remember the AMA form shared a few weeks back to collect all community questions? Matt posted detailed responses to them. How will the LegalTech space look in the future and what role could Bilr play in it? Read this article to find out. 2gether Ambassadors are the most active folks from the community who help make the 2gether brand more widespread. Looking good in that list Crypto French! CEO Ramón Ferraz spoke at a Cecabank event on Securities which was covered by the news outlet Expansión. As a special offer, Mike made posting on WednesdayClub dApp free on Wednesday for this week. Hope you didn’t miss the opportunity to post for free and earn some cool $WED in return. Winner of the Birdchain Copywrite Challenge was announced this week. If you are an ETHOS fan, don’t forget to follow Voyager on Twitter for the latest scoop. While the Tron chain support was scheduled to go live on the Switch-backed McAfeeDex this week, technical issues have resulted in delays. As $BOMB token reached 4.38% burn in total supply, Benjamin delved deep into the current market cycle. Take notes, trading enthusiasts!
Benjamin’s analysis videos are always the Bomb. Pardon the pun. Haha
The 3rd edition of Foundations of Fantom analysis report was published by Benjamin. This covers all recent happenings in Fantomverse and $FTM price action. Fantom officially announced its plans to enter the DeFi space. Exciting! The project had sponsored a CryptoBazar Serial Hacking meetup at the Seoul Blockchain Week last month. Here’s Technical Advisor Andre Cronje’s views on the participants at the event. Sikoba Network released the first version of the Isekai framework which was built with support from Fantom. This is a verifiable computation framework which allows you to verify a transaction on a third party computer without the computer having to do the transaction. So even if the third party is not to be trusted, the framework ensures that the verification is valid. Hope this makes sense. If not, read this. Fantom is hosting a blockchain challenge at AfricArena 2019 in partnership with XAR Network. The grand prize includes cash prizes and incubation. The 3 finalists were revealed this week. The latest technical paper from Fantom explores quick peer discovery in Proof-of-Stake protocols for faster consensus. The team will be applying results of the research to Lachesis. The crew will be sitting down for an AMA session with the Trust Wallet community next week. CMO Michael Chen also attended a "deals over dinner" event organised by RVO Internationaal and TNW X (a unit of TheNextWeb) this week in Singapore. In Constellation news, a flash $DAG node bounty for a Ledger Nano integration was scooped up quickly. VP Finance Mateo Gold travelled to the Blockchain Convergence in Europe representing Constellation. Drew Taylor and Brent Bates from Wild West Crypto Show interviewed founders Wyatt Meldman-Floch and Ben Jorgensen at the World Crypto Con 2019 in Las Vegas. As promised, here’s some more pics from Uptrennd’s visit to the Blockchain Summit in Malta: Pic 1, Pic 2 and here’s one with the BOMB/XIO crew. A number of fruitful connections were made at the Summit. Jeff wrote about it in a detailed post. An #UptrenndOC Contest was launched to encourage Original Content writers on the platform. The winners of the Uptrennd Flyer contest were announced too.
Some of the winning entries of #UptrenndFlyer contest
The latest District Weekly and Dev Update from District0x covers news such as introduction of a Discord tipbot, work on Meme Factory NSFW filter etc. WeTrust featured Ethlance in the latest CryptoUnlocked newsletter in their DApp Spotlight section. Check out the pics from Hydro’s visit to the AIBC Summit in Malta. Hydrogen hosts demo days to do product showcases of all their offerings. Click here to see the latest one which will be the last for this year. The beta version of the Hydro Digital Art dApp is about to be released on their dApp Store. In preparation of the event, Hydro Labs posted a thread to explain the objectives of the dApp. For a summary of all the updates in Silent Notary’s Ubikiri wallet, click here. We had covered some of these last week. The Bitcoin News covered the platform in a recent article. Last week, the Sentivate community voted to have more ELI5 content on core web technologies. This week, they voted on Blockfolio to have this content in Video format. For a start, here’s a primer on the core technologies of the web written by the team. Founder Thomas Marchi's interview Mr. Backwards was released. If you missed OST CEO Jason Goldberg's keynote speech "Designing Crypto User Experiences for Humans" at San Francisco Blockchain Week, fret not. Here's the video and write-up of his entire presentation. Pepo has been gaining quite the traction for some weeks now. This was an opportune moment, to publish a detailed piece and tweet thread on it. The app was also reviewed by Crypto Insights Journal. The OST/Pepo crew set up shop at BlockShow in Singapore where Pepo will be launched officially in Asia and Jason will deliver another keynote speech in the same lines as SFBW. Catch up on all SelfKey news that you may have missed in October from the latest roundup. We have covered most of these in our previous updates.
<- Sneak peek into an average day at Parachute / Pitch decks & new landing page being prepared ->
Dirtybags.org is an aggregator site where you can earn $BAGS tokens by sharing linked articles and news items from the cryptospace. Try it out! Arena Match has started a weekly raffle for $AMGO holders where the top 212 holders get automatically entered into a draw to win NFT prizes. Sweet! Check out the prizes of next week’s raffle here. Pynk’s engagement game is always on point. As evident from their merch giveaway activity at the Blockchain Summit in Malta. To get started with the equity fund raise on Seedrs, the team shot a promo video. Do you track Gold prices and want to track $BTC now or vice versa? Their tracking metrics may not be as similar as you thought. Pynk explains why in this article. Shuffle Monster founder Agustín Aguilar launched Defswap which is a Uniswap extension for deflationary tokens hosted in a decentralised manner. Wibson participated in a CryptoMondays event in Buenos Aires hosted by VC firm NXTP and ONG Bitcoin Argentina for networking and discussions on crypto. $WIB community voted for Shopping Gift Cards in a poll to decide the nature of rewards on the Wibson Reward Marketplace. Harmony's #HSMtalks this week focused on Harmony DAO Maker. The $ONE crew travelled to India to talk shop and get a feel of the Indian crypto ecosystem. From Bangalore to Delhi, they covered 2 major startup hubs. As part of #CryptourUkraine, Harmony was invited to a meetup at Dnipro by Okex. Next week they will be at Odessa. Harmony is heavily invested in the future of DeFi and continues to do research and development in this segment. In light of that, they released two articles - one on how Harmony will set its foundation in the DeFi ecosystem and the other on how it will advance the space and its Cross-Fi plans (Cross-Fi = DeFi + Cross-Border txns). Harmony’s staking ROI is already No. 1 as per EarnCryptoInterest.com. What is staking? Watch this. A new Team Challenge launched this week - win $ONE tokens for building local communities. Neat! The latest episode of Harmony Insights introduces us to the engineers building on the platform.

And with that, it’s a wrap. See you again with another update. Cheerio!
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The International 2018 in Vancouver FAQ (Updated!)

Hey there again, you punks.
So with a tip coming from some of the moderators on the board, I've decided just to quickly update this FAQ that I wrote a few months back since TI is next week and I'm sure many of you still have a ton of questions. I've gotten some more information that I can pass down to you in regards to Vancouver but also now TI as well, including updated marijuana laws and beer recommendations.
Two quick notes:

VANCOUVER WEATHER

This summer has been an extremely hot season in Vancouver (at least in Vancouverite standards). Like anyone who attended in Seattle last year, there is noticeable smoke in the air in the city due to the fires all over the Pacific North West. If you have breathing issues or health related problems do to particles in the air, be advised that there is currently an Air Quality Advisory in effect so act accordingly. Wind/Rain will most likely clear up any issues going into next week, but just a heads up in case new fires flare up or we aren't blessed with some light rain. Forecast is looking to be sunny through midweek and the finals, with an average of about 23-25C.

THE PACIFIC NATIONAL EXHIBITION IS OPEN!

A staple for Vancouver residents since 1910, the PNE will be open from August 18th-September 3rd (closed on August 20th & 27th). If you're looking to do something after a midweek day, the PNE is the perfect place to go checkout for a fun night out filled with events, concerts, beer gardens, crazy carny food, rides, maybe BSJ, shopping and a lot more. This article will tell you everything you need to know about the PNE, how to get there and what's going on.
ALSO BOYZ II MEN AUGUST 18TH GET HYPED.

PLACES TO STAY

Yes, but it's not exactly regulated by AirBnB. Feel free to stay at one through AirBnB but know that it might be a little tricky to deal with issues if they come up with your rental. Also while you're at it, check out VRBO.
The general piece of advice you'll get from any local about where to stay for TI is going to be anywhere that's on the Skytrain Expo Line (the line in dark blue). The Expo Line will take you to Stadium-Chinatown station, which is where Rogers Arena is 30 seconds away. As in Seattle, the closer to downtown you are, the more expensive it is to stay.
Unlike Seattle Center, there aren't very many budget hotels left, if at all in the Downtown core. The cheaper hostels are available, though fair warning, many of them are placed on Granville Street, which is a place that many Vancouverites will tell you to avoid while you're here (Though I have never stayed at a hostel on Granville, if anyone has an experience, feel free to share). Check out the Ramada Inn and the Days Inn near Waterfront for some cheaper-ish options.
In my mind, there are two places that I would keep a look-out for avoiding while you visit Vancity.
  1. Granville Street. During the day time it's normally fine, filled with some cool shops (Golden Age Collectibles, The Rock Shop, Movieland Arcade) but it's packed to the absolute max with dumbasses at night due to the amount of night clubs. There's police around every weeknight, but since you're in Vancouver for a good time, head towards Gastown, Chinatown or Main Street for places to party.
  2. Downtown East Side. If you've researched anything about Vancouver, you'll know that this area as where a large portion of the cities homeless reside. There is rampant drug use, poverty and sex work in this neighborhood, focused mainly between 5-10 blocks in the area of Main/Hastings. That being said, the community is an especially strong one, with fantastic human beings supporting the less fortunate. Though there isn't too much danger in terms of being robbed, you might want to just avoid the area at night. Be respectful to the people of this community and you'll have no problems.

TRANSIT

Sadly, no there isn't. We know, it absolutely sucks and everyone in Vancouver is aware. Your options are public transit or a taxi.
Super shitty if you don't like paying for parking. If you can, park outside of the Downtown core near a Skytrain and then head over to the Arena. Commercial Drive is pretty good for this if you can find certain spots. Tinseltown as well if you buy a movie ticket on non-event days.
If you've ever been to any major city, you'll notice that Vancouver shares the same load-up card/tap system that places like London share. It's called Compass Card and it's fairly easy to use. Just load up money onto the card, tap it when you enter and tap when you leave. It'll do all the calculations for you. Note that certain zones will cost more just due to how far you're traveling.
Yes it does! Car2Go and Evo are two of Vancouver's most popular car share services. Hot tip would be to register before you head over to Vancouver and it'll help mitigate the fact that UbeLyft aren't in Vancouver just yet. Just drive safely.
The easiest way to get to downtown from YVR, if you aren't getting picked up/taking a taxi is to take the Canada Line. It will take you directly to Waterfront station, from there you can take multiple buses, the Expo Line (the main line that will take you to Rogers Arena) or the Seabus (going to North VancouveLonsdale).

ALCOHOL

19 years old.
Vancouver has an exploding craft beer culture and you'll be happy to find that the variety of different beers/ciders to drink is absolutely massive, probably to the point of being intimidating.
Here are some of my favorite breweries and the beers that you should look out for when you're at the liquor store/pub:
Twin Sails Brewing
Dat Juice Pale Ale
Two Straws MilkShake IPA
Short Pants Mosaic IPA
Brassneck Brewing
Changeling Sour
Passive Aggressive IPA
Bjorn Again Farmhouse Ale
Steel & Oak
Changeling Sour
Passive Agressive IPA
Bjorn Again Farmhouse Ale
Bomber Brewing
Bomber Parklife Passionfruit Ale
Bomber Pilsner
Bomber Snow White IPA
Yes. First, there isn't any drinking in public if you already didn't know. Second, you must have TWO pieces of ID on you whenever you go to buy drinks in case you're asked for your ID. First piece must be photo ID, the second piece must be something with your name on it (in order for bartenders/servers to validate the first piece). I see a lot of tourists thrown off by this, so just know that Vancouver's liquor laws are much more strict than other places.
I've heard from a few Vancouver residents that this isn't exactly enforced harshly, but just to note that it is an actual law. Piece of mind.
%.05. There will be a ton of pubcrawls and side events going on for people that are attending TI and I'm sure that you'll be blasted one night or another. Please don't drink and drive. If you need a cab, here are the numbers you can contact in order to grab a taxi from downtown.
Yellow Cab: (604) 681-1111
Black Top Cab: (604) 731-1111
MacLure's Cabs: (604) 831-1111
Also, a note for people from outside of Vancouver: the cab drivers in this city are notorious for being hard to deal with at times. Broken debit machines, cash up front, not providing receipts. Use your common sense to get you through pushy cabbies. If they have a broken debit machine and they are still driving, kindly reject them and give your business to another cabbie that will. UbeLyft will be here soon and karma will bite them back.
If at anytime you are in an emergency and don't know what to do, please DM me and I will provide my contact info.

FOOD

Vancouver is a glutenous paradise of places to eat. Instead of giving you specific places to go eat, here are some links that you might find helpful in terms of recommendations:
Meowjin's Guide to TI8
The 38 Essential Vancouver Restaurants
It's To Die For List
This is not confirmed at the moment, but if the rules were anything like Seattle, you will be able to bring outside food into the arena. You are not permitted to bring liquids into the venue. You'll have to dump out your water bottle and refill it once inside. Rogers Arena might have different policies, but thankfully the venue has twice the amount of food stalls including a much more varied selection.
Everyone from Vancouver attending will hate me, but this is going to be one of the hottest tips I can give you: there is a Costco food court DIRECTLY across the street on the lower level of Rogers Arena that DOES NOT require a membership in order to buy food. It is the only Costco food court in Canada that doesn't need a membership to eat there. Hot dogs, poutine, pizza, soft drinks, ice cream and it's all lovingly Costco cheap. Enjoy!

MONEY

Visa/Mastercard are widely accepted everywhere. Cards such as American Express/Discover are also accepted most places, though a few places might reject them for whatever reason (higher charge rates, issues with their machines etc..) Best case would be to make sure you have a Visa/Mastercard with you at all times as a back-up in case you run into any issues. Most places in Vancouver also allow you to use Android/Apple Pay now as well. No bitcoin though.
Well, that's entirely up to you. If you're staying the full week, a few hundred dollars in spare Canadian currency won't hurt you, especially if majority of your spending is going to be on plastic. There's going to be the Secret Shop, but that'll be done through online ordering and not cash payments. Just don't come with nothing. Worst case, always have at least $30-$40 cash on you just in case you run into a bind. It's really entirely up to you and how you plan on spending your time here. Do note that because of the low Canadian dollar, don't be surprised if the price of certain things is higher than usual.
By far it would be the Vancouver Bullion & Currency Exchange due to their lower exchange rates. Banks will more than likely charge you higher rates than the VBCE.

ETIQUETTE

Due to the amount of fires that have started in the Pacific North West the past month or so, please do not throw your cigarette/joint butts into the street, sidewalk, bushes or wherever that isn't a proper garbage. You'll get a ton of dirty looks by locals if you do otherwise.
Canadians are known to be rather polite, we'll answer questions for you or guide you in the right direction (as long as we aren't in a huge rush). As long as you're respectful of the people around you, take care of your hygiene, don't spit on the ground, talk over people in conversation or just avoiding being a total dick, you'll be fine. Though Vancouver is a somewhat socially cold city, that's mainly in dating circles. Get some new Bumble photos up!
Most places won't have the tip included in your bill. It's common courtesy to tip between %10-%15 of your final bill if you enjoyed your meal/drink/service. Feel free to go higher if you had a really excellent time. Some places do include the tip in the bill, but will have it noted usually at the bottom of the menu.
A few. Remove your backpack when you're boarding a bus/SkyTrain in order to create more space for the people around you. Hygiene again is a big one. Remember to fill your Compass card and check your remaining balance at least once a day in case you're transiting a lot. If you see elderly/disabled/parents with strollers attempt to come on board, the polite thing to do would be to offer your seat etc..
Don't worry at all! Vancouver is an extremely multicultural city and the residents here are used to hearing many different languages daily. Best bet is if you struggle communicating with anyone for any reason, download the Google Translate app and use it to answer questions you might have in a discussion.
Use common sense. Most players/talent would be more than willing to sign an autograph or pose for a photo with you. But also be aware that much of the on-screen talent (Slacks, Kaci, panel members) will often have to be running from segment to segment, taking in matches and so on. If they seem to have a minute, ask nicely, thank them for their time and cross one off of the bucket list.
Don't throw things at Slacks.

THE ARENA

No update on this. Rogers Arena is mainly a concrete concourse, surrounded by a viaduct and multiple lower roads. Unlike Seattle Center (which had multiple fields and smaller available venues), the only place large enough outside the Arena that could hold a large crowd with a big screen would most likely be the "main" entrance through Expo Blvd/Pat Quinn Way. There are a few other options in the area, but we're going to have to wait to see how creative Valve is with the space around the Arena. Perhaps they rent out the adjacent parking lots?
No update on this also, but again, there's a lack of outdoor space beyond the concrete concourse. Sportsbar Live will be open, which also gives a view of inside the Arena while you're eating/drinking. But again, it's indoors.
From what I remember from Canucks games, yes, there are stations where you can plug your phone in to charge. But don't be surprised if a company like NVIDIA pops up a charging station outside much like in Seattle.
18,630.
One of the more obvious differences that most people will find from Key Arena to Rogers Arena, is that unlike Key Arena, Rogers doesn't have an open space concept between levels. Meaning, you won't be able to just look up to the third floor and see players hanging out like you normally would. This year, they most likely will be held in the boxes above or in the dressing rooms in the lower levels. Look for autograph times scheduled throughout the week to see your favorite players.
The only thing right now is a Vancouver Whitecaps (MLS) game on August 18th and a BC Lions (CFL) on the 25th. So if you really feel inclined, now you know.

WEED

When: On October 17th, weed will officially be legalized in British Columbia and most parts of Canada.
How: Normally you need a medicinal prescription to purchase marijuana legally. Though, because of the soon to be legalization coming up in a few months, most dispensaries will most likely write you a prescription if you tell them a valid medical reason for the marijuana (Trouble sleeping, chronic joint pain, back pain, headaches, trouble eating etc.). My friends who smoke themselves told me that hot tip, so do with it what you will. Please DO NOT buy weed from a source that isn't verified by another trusted person or a licensed dispensary. You never know what your weed could be laced with.
Where: Here are some dispensaries located close to Rogers Arena.
Bloom Medical Dispensary
The Dub Dispensary
The Medical Cannibis Dispensary
You can't smoke anywhere that frequents children, even if there aren't kids around. So no beaches, public parks, playgrounds etc..
So just, anywhere that's away from people that don't want to partake essentially.
????????????

TICKETS

If you weren't able to buy tickets from Ticket Master, you have a few options.
Post in the TI8 Vancouver Subreddit and ask if anyone has a spare ticket.
Buying tickets from scalpers in front of Rogers Arena is fairly easy and shouldn't be difficult if you understand the basics of haggling.
  1. Know what you're comfortable paying and stick to it. Always remember that number.
  2. Be prepared to just walk away. The longer you stay negotiating, the more you show the scalper how important it is for you to buy the tickets. Play the long game.
  3. The less you talk, the less information you give the scalper. If he says he's got a Midweek ticket for $300, shrug and say no thanks.
  4. Have money in your hand/wallet when you're trying to buy tickets. When they see that the cash is right there, they'll be more inclined to just make the deal and move onto the next one.
You will most likely miss the opening ceremonies, but after that the prices for Midweek tickets will normalize and scalpers will want to just get rid of their tickets at a lesser price.
The advantage you have in this instance is that Vancouver, outside of the LoL tournament at Pacific Colosseum, doesn't have much experience with esports tournaments. So scalpers themselves won't have the same level of patience. The longer you wait to buy your tickets from them, the cheaper you can get them for. Only downside is that you'll be missing games.
The other thing you can do is literally just walk around the outside of the Arena and spot non-scalpers with extra tickets. There are always people who buy extra tickets and are just wanting to get their money back (friends flake on them, they couldn't flip them like they thought).
DO NOT panic and end up buying an overpriced ticket from StubHub, Craigslist or wherever. Tickets will be available, you just have to keep your cool.
The box office at Rogers Arena is located at the bottom of the venue on Expo/Pat Quinn Way at the Toyota Ticket Center. You can pick up your tickets between these times:
Mon, August 20th: 7AM - 9PM
Tue, August 21th: 8AM - 9PM
Wed, August 22nd: 8AM - 9PM
Thu, August 23rd: 8AM - 9PM
Fri, August 24th: 8AM - 9PM
Not sure about the box office times for the Finals. Will update that when I know.

FIRST TIME ATTENDING TI

So first off, understand that EVERYONE there is going for the same reason you are, DOTA. Don't be afraid to go up to people, say hello and start conversations. If they shrug you off, fuck them, they don't deserve your brilliance. Enjoy yourself. Worst case, just create a thread on DOTA saying that you want to go shotgun a few beers. My first TI was pretty much by myself, but the combination of a beer + a garden really did wonders.
Simply put, don't worry as much as your mind is telling you to worry. All the talent (casters/players) are incredibly friendly and are pretty much the same as us, just super stoked to be there. But do give them space if they're working or running around to the next thing.
During TI, after every First Blood in a match, there are potential drops given to in arena attendee's who have registered their badge with their Steam ID. There will be a Steam Link kiosk/section OUTSIDE of Rogers Arena, so look out for it. You must have tapped into the Arena in order to be eligible for those drops.
The link to register your badge to be eligible for these drops will be on the back of your badge when you receive it.
Try to pack as lightly and efficiently as possible. My two main staples during the last two TI's were a water bottle (usually given out in a goody bag for midweek + finals ticket holders) and a portable battery pack for my phone. Also know that you might buy things from the Secret Shop, do some shopping downtown and the last thing you want to do is carry that stuff around with you all day. Though consider bringing a sweater for inside the Arena, as Rogers is a fairly cold one.
HOT TIP
Try checking with bell boys/concierge at any hotels if they can possibly check in some of your bags for you. I tried this at TI7 and was surprised how chill they were. I left them a $5 tip for taking my bags and was free for the rest of the day.
Avoid the Secret Shop on the first day or else you'll just spend the entire day waiting in line. Midweek the shop lines will be much more reasonable.

MISC

Well formatted thread to get you started.
Also a well-detailed Google Map of venues/places that should interest people attending TI for places all across Vancouver
Depending on your situation, here are numbers for emergencies in British Columbia.
Ambulance, fire, police: 911
Poison Control: Lower Mainland: 604-682-5050 Toll-free: 1-800-567-8911
Healthlink BC: 811 Deaf or Hearing Impaired: 711
Crisis Intervention & Suicide Prevention: Call 1-800-SUICIDE (1-800-784-2433) if you are considering suicide or are concerned about someone who may be.
Mental health support: Call 310-6789 (no need to dial area code) for emotional support, information and resources specific to mental health.
That is Roger Neilson, former Vancouver Canucks head coach and the inventor of towel power. Please treat it nicely!
Right here.
How sweet of you to ask! That would be Lush by Snail Mail.
Please, if you feel like you need to ask any questions, or there should be things added to this FAQ, post here or DM me. There are obviously some things that no one knows right now in regards to potential additions or subtractions from moving the event from Key Arena to Rogers. But I'll try my best to keep this thing updated if people bookmark it for future use.
Enjoy planning your trip to TI!
submitted by Arashie to DotA2 [link] [comments]

The Far Reaching Ramifications of the Blockchain Revolution


It is tough to picture a world where cell phone innovation is common, and there are still people who do not have access to sufficient banks. In these contemporary times there are approximately 6 billion individuals with minimal or no access to banking centers. Tough to fathom, right? Unfortunately this is the reality for lots of people in establishing nations. Combined with corruption, restricted modes of transport, and high deal charges, savings account are a high-end that lots of people can not pay for. Get in Bitcoin into this formula and monetary flexibility is simply the start.
Bitcoin is not simply cash for the web; it is a shows language that enables the decentralization of any info system. As stated by Andreas Antonopoulos (2014 ), "Bitcoin is the web of cash." In order to comprehend this let's utilize the example of the web; which permits any specific admission to a worldwide interaction and details network immediately. In this exact same method, Bitcoin is enabling people' immediate access to a totally free international monetary network. The ramification of a decentralized monetary network devoid of the corruption of 3rd party mediators is frustrating. Consider for a minute presenting 6 billion prospective customers to the worldwide market. The possibilities for financial development and development are rapid. This exists since Satoshi Nakamoto, the innovator of Bitcoin, picked to produce open source software application that provided all users equivalent state. The power of the Bitcoin network is its users, which presently surpasses the combined computing power of the leading 600 very computer systems in the world. This relates to a network, which is for all intents of functions, impenetrable. Basically, each private computer system serves as a ballot node. These nodes vote on the credibility of the existing Bitcoin formula, otherwise referred to as the block chain. In order for the block chain to be confirmed, a bulk of the ballot nodes need to substantiate if the formula is done properly. This procedure occurs in nanoseconds, indicating not all voting nodes will take part in every provided block chain confirmation.

Bitcoin is mainly thought about in the west as stylish, brand-new innovation and a way of accumulating wealth. Just recently, the appeal for crypto-currencies has actually proliferated within financial investment circles, hedge funds, and amongst the technically inclined due to its increasing worth. Though Bitcoin is used primarily inside these abovementioned groups, existing buzz surrounding Bitcoin millionaires and the general public hearings in New york city concerning future guideline have actually catapulted the currency into the mainstream (NPR ). Nevertheless, restricting the Bitcoin procedure to these formerly pointed out markets is exceptionally brief spotted offered the genius of Satoshi's underlying objective. Keep in mind, the Bitcoin procedure can be used to any info system, such as the system of ballot. When used to ballot, there is no longer the requirement for a 3rd party company to validate an election as this is done by each specific ballot node. This entirely removes citizen scams and ballot maker tampering. People would have the ability to vote from the conveniences of their own houses, utilizing proven recognition codes, through a transparent ballot system.
We have actually seen that the Bitcoin procedure not just has the power to form the future of our worldwide monetary network, however of our ballot, our phones, and our cable. The best time to buy bitcoin has never been better than the present. Any system that is based upon an objective 3rd party arbitrator can be changed by carrying out the Bitcoin software application. As the software application is policed by all taking part members, the possibility of corruption, or hacking the system is small. Despite whether Bitcoin the currency ever blooms into a genuine mainstream type of financial deal stays to be seen, nevertheless the transformation in software application that Nakamoto has actually released has actually only simply started.
submitted by Aaliyah4563 to DailyBitcoiner [link] [comments]

Daily analysis of cryptocurrencies 20191129(Market index 31— Fear state)

Daily analysis of cryptocurrencies 20191129(Market index 31— Fear state)

https://preview.redd.it/c494hahvyl141.png?width=1920&format=png&auto=webp&s=f0251270befb79739c668ae66be79440601e4c2d
BoJ’s CBDC Research Report: Specific Design Of CBDC To Vary According To PurposeOn Nov 29, the Bank of Japan released the Central Bank Digital Currency (CBDC) research report, which analyzed and discussed the main legal arguments of the CBDC. The report concludes that the legal discussion of CBDC will involve a wide range of laws, such as the Bank of Japan Act, the Civil and Commercial Law, the Administrative Law and Competition Law, etc. Certainly, the specific design of the CBDC will vary greatly depending on the purpose of issuing. If the issue of the CBDC is discussed, more in-depth legal discussions are needed.
Russia May Ban Cryptocurrency PaymentsAs reported, the Russian Central Bank and the Federal Financial Monitoring Service are preparing to ban the use of cryptocurrencies to pay for goods and services. The initiative aims to combat crime in the cryptocurrency field. The Russian Central Bank has not confirmed that it is preparing relevant draft laws, but said it is ready to support. Russia’s Ministry of Finance holds a similar position.
New EU Bill On The Fourth Money Laundering Directive Allows Banks To Hold And Sell BitcoinA new proposed bill on the European Union fourth Money Laundering Directive will allow banks to buy, hold and sell Bitcoin. The amendment on the directive comes to ease stringent rules that prohibited banks from either offering virtual asses or providing custody services. The move is an excellent relief for financial institutions in the region.
NatWest Forms Blockchain Consortium To Streamline Home Buying In UKNational Westminster Bank, commonly known as NatWest, is a significant retail and commercial bank in the United Kingdom looking to streamline the process of home buying in the UK. Currently, it takes an estimated three months to finalize a purchase. Still, the hopes are through a new distributed ledger technology consortium with Coadjute and leading property software providers, this process might cut down to three weeks.
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Yesterday, bitcoin climbed above the key $7,300 and $7,400 resistance levels against the US Dollar. Moreover, there was a close above the $7,400 level and the 100 hourly simple moving average.
It opened the doors for more gains above the $7,500 level. Finally, the price tested the next key resistance near $7,700 (as pointed out in the weekly forecast). A high was formed near $7,676 and the price is currently correcting lower.
It traded below the $7,600 and $7,550 levels. Besides, there was a break below the 23.6% Fib retracement level of the upward wave from the $6,855 swing low to $7,676 high.
However, the $7,400 support area seems to be acting as a strong buy zone. If there is a break below the $7,400 support, the price could test the $7,300 and $7,295 support levels.
Review previous articles: https://medium.com/@to.liuwen

Encrypted project calendar(November 29, 2019)

Zenon (ZNN): 29 November 2019 Awareness Fund Payout “Distribution of the fund takes place every Friday until Pillars Lock-in Phase is completed.”Tael (WABI); 29 November 2019 Founders AMA “Three days to go until our Founders #AMA, this Friday, hosted by @binance.”

Encrypted project calendar(November 30, 2019)

Ethos (ETHOS): 30 November 2019 (or earlier) Rebranding “In November, we unveil the broker token, a dynamic utility token to power our commission-free crypto trading and broker platform, Voyager.”Digitex Futures (DGTX): 30 November 2019 Public Testnet Launch “…We can expect to see the world’s first zero-commission futures trading platform live on the Ethereum public testnet from 30th November.”Monero (XMR): 30 November 2019 Protocol Upgrade “Preliminary information thread regarding the scheduled protocol upgrade of November 30.”Chiliz (CHZ): 30 November 2019 (or earlier) Fiat to CHZ Exchanges “We will add another two fiat to $CHZ exchanges in November…”Skrumble Network (SKM): 30 November 2019 (or earlier) P2P & Group Calling “P2P & Group Video Calling,” during November 2019.Aergo (AERGO): 30 November 2019 (or earlier) Mainnet 2.0 Upgrade Mainnet 2.0 Protocol update by end of November.Akropolis (AKRO): 30 November 2019 (or earlier) Beta Release “All functionality has been deployed to mainnet.”Nash Exchange (NEX): 30 November 2019 (or earlier) Mobile Strategy Phase 2 “Phase 2 of our mobile strategy will be live soon with our wallet and portfolio app hitting stores in November!”Akropolis (AKRO): 30 November 2019 (or earlier) Beta Release “All functionality has been deployed to mainnet.”Pakcoin (PAK): 30 November 2019 Staking Mobile App Android app for staklet is going to be launched on November 30th.

Encrypted project calendar(December 1, 2019)

Auxilium (AUX): 01 December 2019 AUX Interest Distribution Monthly interest distribution by Auxilium Interest Distribution Platform for coinholders. Also supports charity.I/O Coin (IOC): 01 December 2019 Pos Reward Halving IOC block reward halving is happening on December 1st 2019.ABBC Coin (ABBC) 01 December 2019 Migration Requests Start “Migration requests from the #AladdinPro Wallet will be accepted starting on December 1, 2019.”

Encrypted project calendar(December 2, 2019)

Bitcoin (BTC): 02 December 2019 CME Futures BTCX19 Bitcoin Futures Contract (BTCX19) settles on December 02, 2019.Waves (WAVES): 02 December 2019 Waves Exchange Launch “As of November 18, users will be able to import their accounts and seed phrases, and, on December 2, the new exchange will be launched.”BZLCOIN (BZL): 02 December 2019 New Website New website and pre-launch “Patron”.Decentraland (MANA): 02 December 2019 Creator Contest “Announcing the Creator Contest, from Dec 2–15. Submit your most creative interactive scenes for a share of $50k USD worth of prizes up.”Bitcoin (BTC); 02 December 2019 CME Futures BTCX19 Bitcoin Futures Contract (BTCX19) settles on December 02, 2019.

Encrypted project calendar(December 3, 2019)

Aeternity (AE): 03 December 2019 Sofia, Bulgaria Meetup “Come hear @noyyy and @em introducing the project, followed by talks by Karol Skočik, Juraj Hlista, and Stephan Verbücheln.”Quant (QNT) 03 December 2019 QuantX London Conference “QuantX is a half-day event being curated by Quant Network with an audience of 100 industry professionals from across the fintech…”

Encrypted project calendar(December 4, 2019)

Aeternity (AE) 04 December 2019 Sofia Hackathon “The next aeternity blockchain hackathon will be held in Sofia, Bulgaria, on December 4th, 2019!”

Encrypted project calendar(December 5, 2019)

***OKB (OKB):***05 December 2019 OKEx Cryptour Kyiv Ukr “Join us in Kyiv as we journey through Ukraine for our OKEx Cryptour!”Horizen (ZEN) 05 December 2019 Weekly Insider Team updates at 4:30 PM UTC/ 11:30 AM EDT: Engineering, Node network, Product/UX, Helpdesk, Legal, BD, Marketing, CEO Closing thoughts, AMA.

Encrypted project calendar(December 6, 2019)

TenX (PAY): 06 December 2019 COMIT Hackathon “The #hackathon will be held over the weekend of 6–8 Dec at the TenX HQ in Singapore.”Noah Coin (NOAH) 06 December 2019 Japan Roadshow — Sendai “As you know, we are organizing the trip to the cities of Japan in December.”

Encrypted project calendar(December 7, 2019)

Storm (STORM): 07 December 2019 Loyalty Program Registration for our fourth and last loyalty program will end on December 7th!MediBloc [ERC20] (MEDX): 07 December 2019 Token Swap Deadline “Please submit your swap before 7th of December 23:59(UTC+9).”OKB (OKB); 07 December 2019 OKEx Talks 2019 Calabar “Join us on 7 Dec for our first OKExTalks in Calabar, where we will be discussing ‘Digital Assets and Tokenization’.”Dash (DASH); 07 December 2019 Open House “.. Dash Core Group will be hosting the Dash Evolution Open House on Dec 7th… in Scottsdale, AZ, from 1pm to 5pm MST.”Noah Coin (NOAH); 07 December 2019 Japan Roadshow — Tokyo “As you know, we are organizing the trip to the cities of Japan in December.”

Encrypted project calendar(December 8, 2019)

Noah Coin (NOAH) 08 December 2019 Japan Roadshow — Nagoya “As you know, we are organizing the trip to the cities of Japan in December.”

Encrypted project calendar(December 10, 2019)

OKB (OKB) 10 December 2019 OKEx Talks — Rotterdam “Join us on 10 Dec to explore “Decentralized Finance” & the benefits & opportunities it presents.”.Newscrypto.io (NWC) 10 December 2019 (or earlier) Platform Redesign Updates: Brand new Landing page, New Trading Tools and Updated School Program.IOTA (MIOTA) 10 December 2019 Karlsruhe Meetup “Come learn about the IOTA technology! Dec 10 at 6PM CEST.”OKB (OKB) 10 December 2019 OKEx Talks — Rotterdam “Join us on 10 Dec to explore “Decentralized Finance” & the benefits & opportunities it presents.”.Newscrypto.io (NWC) 10 December 2019 (or earlier) Platform Redesign Updates: Brand new Landing page, New Trading Tools and Updated School Program.

Encrypted project calendar(December 11, 2019)

Waves (WAVES) 11 December 2019 Annual Meetup ‘See you in Berlin on December 11, 2019!”Cindicator (CND) 11 December 2019 Event for CND Ecosystem “New horizons of the CND ecosystem,” with “More details to be released” at 14:00 UTC.IOTA (MIOTA) 11 December 2019 Berlin Meetup “Join us for the “2019 recap & 2020 outlook” MeetUp, organized by IOTA & @iotashop.”Cosmos (ATOM) 11 December 2019 Cosmos Hub 3 Chain “Cosmonauts, buckle up & get ready for the hub upgrade to the Cosmos Hub 3 chain. A new proposed date is set for Dec 11 at…”

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The Logical Problem That Led to The Split of Cash and Core

There is a lot of noise in crypto. Something about creating the wild west of Ponzi schemes along with trying to kill the golden goose for big banks seems to have awoken the Kraken; the depravity of human greed. No censorship is too severe, no propaganda too unethical and no theft is too shameful in our current landscape. There is more honour in war than in crypto today.
But beyond the noise of politics (which do matter but for dishonest reasons), there are only two real issues in crypto. There is the math and there is the economic game theory.
I'd like to make a comment about one aspect of the economic game theory which is the root of the split between cash and core: Transaction fees.
As most of you know, the bigger the block the more transactions you can fit in each block. Assuming the hash rate is stable, each successive block is limited by time - ten minutes in our case. This means that if the block size cannot fit all transactions then a decision must be made by the miners as to which transactions to include.
This is simple supply and demand. Once the transaction requests increase beyond what can be fit into a block there must be some competition for space. The Bitcoin protocol has a built in transaction fee to allow users to bid for space.
Here's the problem: Satoshi determined that block rewards are a good way to encourage miners to mine in the beginning, but decided that long term there should be an immutable number of coins and all mining profits should come from transaction fees. This means that if Bitcoin is not adopted by enough people as the block rewards dwindle then miners will be paid too poorly for their efforts to continue and the hash rate will plummet. For Bitcoin to survive, the hash must flow.
The problem is that Satoshi vanished before he figured out this problem. The reigns of Bitcoin were left to a bunch of people who were led astray by their own arrogance, shortcomings and greed. The details are not relevant to this post. Satoshi solved the problem of determining transaction fees but did not make any progress on how to scale block size. He did not find a way to drive block size by market forces in the same way that he drove transaction fees by market forces. Therefore, the community was left to determine it through political methods which have failed us in a predictable fashion.
If you leave the block size at 1mb then, as BCH supporters rightly assume, the fees will skyrocket as Bitcoin is adopted causing it to become unusable for the vast majority of people. This will cause altcoins to form and in general, Bitcoin adoption to halt and decline. The stall in adoption with the decrease in block rewards will inevitably kill Bitcoin. So, if you want to kill Bitcoin a good tactic is to resist raising the block size at all - precisely what Blockstream and Core is doing. If someone's motivations are unknown, infer them from the consequences of their actions.
On the other hand, if you raise the block size to infinity, or at least to a size much larger than any realistic demand, you will never have fees. Miners can, of course, set their own rules as to which transactions they will attach to the blocks they find causing people who do not attach a sufficient fee to be left in limbo. Inevitably, some good Samaritan will eventually mine a block and attach the massive number of transactions in the mempool (limbo) as a public service cutting those efforts off at the knees. No transaction fees with a reduction in block rewards mean the hash will not flow. For Bitcoin to exist, the hash must flow.

So what is the solution? As you will see from the rest of my suggestions, all aspects of crypto must be bound to market forces.

Maybe decreasing block rewards arbitrarily to 0 was a bad idea. First of all, over time coins are lost. Hard drives crash, people fail to back up their coins, people die and do not leave their heirs a way to claim their coins (potentially what happened with Satoshi's coins), people make mistakes with transactions, coins are stolen and anyone spending them will get a visit by the FBI, and so on. This means that the 21 million immutable number of coins is not really immutable at all. It will grow to 21 million total coins but due to human error that number will decrease causing deflation over time. Which means if you HODL Bitcoin for a few generations your heirs will be wealthy. You will produce nothing, contribute nothing, solve nothing, and be wealthy. That is not good for the future of mankind.
An inflationary system isn't evil. You do want the next generation of people to have a stake in the world and not just be slaves of those that came before them. You want to create a meritocracy where those with good ideas and the ability to solve problems the world has are rewarded. Therefore, inflation is a mechanism by which the value of hoarding is diminished over time. But this too must be in balance -- too much inflation and you create a situation where saving is futile as by the time you save for something your money is worth much less than before. Too little and the hoarders own the future. There must be a balance skewed to slight inflation. But how much inflation is correct?
Here I should mention that at one point in our future, should Bitcoin reach adoption, that these diminishing coins will become significant enough to be used as a political call to arms to change the rules. And if we change the rules arbitrarily by the whim of the rulers of the mob we will face as much chaos over that issue as we see now over the block size debate. Only the market can know and so a way must be found to bind this to the free market and we must solve this sooner rather than later.
The other problem is that the block size and transaction fees are not bound together by market forces. Transaction fees ARE bound by market forces but block size isn't. Block size is to be determined by central groups with enough clout to convince people to change the protocol. This has not worked out well for Bitcoin and it will continue to not work out well for Bitcoin. In fact, relying on political bodies to make decisions for a decentralized coin is the antithesis to its very purpose and, no surprise, is killing it.
The solution, then, is to frame new coin creation, transaction fees AND block size all to market forces. They must all be connected through game theory to one another so that the market affects all three, and negative manipulation of any of them is too costly to be worthwhile. This balance must be determined naturally without direct supervision by any software developer, any BIP, any conference, any celebrity, any blogger, or any subreddit.
THIS is the real discussion that should be taking place. Every other discussion, other than perhaps ones about the security of SHA256 or the dangers of quantum computing etc (again, MATH as I originally stated) are completely fruitless and are just noise to the reality of creating a truly decentralized coin.
The ability to create a truly decentralized currency that cannot be controlled by silver spoons or iron grips is, to the best of my analysis, the most essential defense against the Orwellian prophecy for the future of mankind;
"If you want a vision of the future, imagine a boot stamping on a human face - forever."
The stakes are high. The human race must come to consensus. The only possible way for this to occur is if consensus is driven by mathematics and the free market and not by politicians, character assassination, fear and censorship.
submitted by Aro2220 to btc [link] [comments]

Texas Bitcoin Mining Startup Gets $50 Million From Peter Thiel to Steal China’s Crypto Crown

When it comes to producing Bitcoin, China is the pre-eminent power in the world. The People’s Republic boasts the largest mining companies, and dominates the manufacture of chips and other equipment used to mine Bitcoin. A U.S. startup wants to change all that with a bold plan to make Texas the global hub of Bitcoin mining.
On Tuesday, San Francisco-based Layer1 announced it has raised $50 million from billionaire Peter Thiel and others to move forward with its plan, which includes running its own power sub-station and purchasing solar and wind energy produced on the plains of West Texas.
According to co-founder Alex Liegl, Layer1’s facility will consist of dozens of acres that lie 150 miles west of Midland, Texas—”literally in the middle of nowhere”—and will rely on a proprietary new technology for cooling the chips used to mine Bitcoin.
Bitcoin mining, which consumes large amounts of electricity, typically takes place in colder areas where it is easier to prevent equipment from overheating. Layer1, however, believes its cooling technology will make Texas a viable location despite the heat. The state also offers additional benefits in the form of light regulation and cheap power.
One Bitcoin is currently worth around $8,300—well off its all time of nearly $20,000 in late 2017 but still much higher than 2016 when it traded as low as $300. Under Bitcoin’s mining system, miners compete to win an award distributed every ten minutes or so. Currently, the reward is 12.5 Bitcoins—a figure that will halve to 6.25 next May.
Liegl says Layer1 aspires to be the biggest Bitcoin miner in the world by controlling all aspects of the process—from chip manufacturing to electricity production to cooling. In the longer term, the company plans to use its mining facilities as a base layer for a larger cryptocurrency enterprise that will include financial services.
Layer1 launched in late 2018, with Liegl then describing it as an “activist fund for cryptocurrencies” that would invest in protocols, including a privacy focused project called Grin. At the time, the startup did not disclose mining aspirations, and raised a modest $2.1 million from Thiel, Digital Currency Group and the late investor Jeffrey Tarrant.
“From an ideological perspective, for Bitcoin to grow into its multi-trillion potential, it needs a U.S. company to lead,” says Liegl. “This ideology resonates with Peter [Thiel] and our other investors.”
Despite Layer1’s large ambitions, its backers—which also include Shasta Ventures and undisclosed wealthy cryptocurrency owners—are keeping a decidedly low-profile for the new investment, which gives Layer1 a valuation of $200 million. Thiel and other investors declined to be interviewed for this story.
Crypto mining in recent years has been a ferociously competitive business, but Layer 1 believes changes in the industry have provided an opening to wrest market power from China.

A new Bitcoin mining strategy

In the early years of Bitcoin, from 2009 to roughly 2013, it was viable to mine the cryptocurrency by using a home laptop, like Liegl did when he got his start mining Bitcoin in his Stanford University dorm room. The mining process involves solving random math problems that determine who will build the next block on Bitcoin’s blockchain—a tamper-proof ledger of transactions. The first to solve the math problem also receives a reward in the form of Bitcoins.
As the cryptocurrency caught on and prices soared, however, companies began designing special computers optimized to mine Bitcoin. This in turn led miners to join crypto mining pools—combining their computing power in order to share the proceeds whenever a member receives a Bitcoin reward.
China has dominated the Bitcoin mining industry—estimates say it accounts for around 60% of production—in large part because its government has provided miners with cheap access to electricity. The leading company has been Beijing-based Bitmain, which runs two massive mining pools and is also the leading seller of the specialized chips now needed to mine Bitcoin.
But Bitmain has stumbled in recent months. While the company’s 33-year-old CEO boasted in mid-2018 of grand plans to use artificial intelligence to further dominate the mining world, Bitmain has since suffered large losses and had to lay off half of its staff of 3,000.
Bitmain’s troubles weren’t the only factor revealing an opening in Bitcoin mining for Layer1. Liegl says the dynamic of mining has shifted. He thinks buying the latest custom chips previously gave miners an edge, but now the tech has become commoditized.
“From 2012-2019, it was mining 1.0 and a function of (capital expenditure) and who can get the newest chip first,” Liegl says. “Now, we’re in 2.0, where (operating expenses) matter most.”
Under this thesis, Layer1 believes its plans to develop “full-stack” operations in West Texas will let it capture market share—in part because it won’t be vulnerable to third party suppliers raising prices when the price of Bitcoin goes up.

An industry in flux

In moving into West Texas, Layer1 may have to tread cautiously given that the region has been burned by the cryptocurrency industry in the past. In July, _Wired_magazine ran a feature article describing how Bitmain promised the town of Rockland, Texas hundreds of good jobs operating mining pools, but then abruptly pulled out, despite a concerted good-will campaign by local officials.
Liegl, who says his colleagues at Layer1 include veterans of Apple, Google, and Goldman Sachs, plans to proceed much differently. He says the company will be respectful of government officials, and local sensibilities.
If Layer1 can successfully become a major force in the mining world, the company’s presence could shake up the geo-politics of Bitcoin. In recent years, there have been fears that China’s dominance could lead miners in that country to collude in order to manipulate records on the blockchain that records all Bitcoin transactions. If American companies can make major inroads into mining, Liegl says, Bitcoin will become more decentralized—a key tenet for the cryptocurrency’s supporters.
Layer1 isn’t the only North American company to plan a big move into crypto mining. Canada-based Blockstream, a consultancy with ties to many Bitcoin insiders, revealed it is building massive data centers for Bitcoin mining in the province of Quebec and in Adel, Georgia.
“There’s definitely an opportunity to take away market share from some of the other firms,” says Samson Mow, Blockstream’s chief strategy officer. “(Specialized chips) have started to reach their limits in terms of efficiency, so the playing field will continue to level off.”

More must-read stories from Fortune:

Digital assets will ‘trickle, trickle, trickle—then flood,’ State Street exec says
—Credit Karma is launching a savings account, but ‘high yield’ is relativeIRS’s new cryptocurrency rules create ‘messy’ problems for industry
—Ripple CEO not bullish on Facebook’s ability to launch Libra cryptocurrency
—7 CEOs on the [future of Bitcoin
](https://fortune.com/2019/07/22/7-ceos-on-the-future-of-bitcoin/)_Sign up for[_The Ledger](https://cloud.newsletters.fortune.com/fortune/nloptin?nl=THE_LEDGER&source=LinkStack)_, a weekly newsletter on the intersection of technology and finance._
* More Details Here
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BAT Community Weekly Update: 07/12/2019 to 07/18/2019 — Guest AMA w/ Alex Wilson & Patrick Duffy, Co-founders of The Giving Block, upcoming guest AMA w/ Corey Caplan (CEO) & Adam Knuckey (COO), Co-founders of Dolomite, Jonathan Sampson (Sr Developer Relations @ Brave) at e-Commerce Brasil 2019!

Welcome to this week’s BAT Community Update! Thank you to u/MurphD for his contributions!

GUEST AMA: We're Alex Wilson and Patrick Duffy, Co-founders of The Giving Block. Ask us anything!
The Giving Block helps nonprofits with all things cryptocurrency and blockchain. A technical solution for fundraising cryptocurrencies like Bitcoin, education/training and developing meaningful partnerships with organizations in the space. For nonprofits who choose to go the extra mile, they advise on crypto fundraising strategies, and/or pair nonprofits up with partner crypto organizations, elevating fundraising and awareness outcomes. Ultimately, they help nonprofits build a crypto fundraising program, and a brand in the cryptocurrency industry.
https://www.reddit.com/brave_browsecomments/ceetdn/were_alex_wilson_and_patrick_duffy_cofounders_of/

GUEST AMA: Upcoming Guest AMA with Corey Caplan (CEO) and Adam Knuckey (COO), Co-founders of Dolomite (July 24, 2019)
Dolomite aims to make it easy to trade crypto right from your personal wallet. Dolomite is a non-custodial exchange, meaning you never need to deposit your crypto onto the exchange or even into a smart contract, and your assets only leave your wallet once the trade is completed. This keeps your crypto safe from exchange hacks while also eliminating deposit times and withdrawal limits. Dolomite also comes with a built-in portfolio tracker. By entering just your public wallet address, a detailed portfolio overview is generated for you with the value of your holdings over time as well as trades and transactions you've conducted from that wallet complete with cost basis.
Learn more about Dolomite and submit questions for Corey & Adam, here: https://www.reddit.com/BATProject/comments/cf8cp6/upcoming_guest_ama_with_corey_caplan_ceo_and_adam/

BAT Community Merch Giveaway Winners!
The winners for our BAT Community Daily Merch Giveaways for this week are:

Click here to see pics of previous giveaway winners rocking their BAT/Brave merch!: https://imgur.com/a/lhF1G9I

Be sure to tune in to our social media channels every Monday, Tuesday and Wednesday and Friday to participate in our daily merch giveaways for your chance to win!

CREATORS: Pic from the recent Content Creator workshop in Balikpapan, Indonesia (hosted by BAT Indonesia)https://twitter.com/BAT_Indonesia/status/1149611878521290753

Client Updates

Dev Channel v0.68.104
https://github.com/brave/brave-browsereleases/tag/v0.68.104

Beta Channel v0.67.111
https://github.com/brave/brave-browsereleases/tag/v0.67.111

Release Channel v0.66.100

Release Notes:
https://github.com/brave/brave-browsereleases/tag/v0.66.100

Android Channel v1.1.1
https://github.com/brave/browser-android-tabs/releases/tag/v1.1.1

Brave Team Tweets

Brave has the same DevTools as Chrome. And, Android will have a desktop features.
BrendanEich @BrendanEich @magicspon @alex_mayorga @brave @Twitter Yes, check it out for yourself. Also we are rebasing our chromium-forked Android on brave-core, the same basis of desktop Brave, so Android will have devtools, extensions, more (think of first class Brave on Chromebooks). Jul 12 2019

What should you know about Brave? Well, here are a few things:
Sampson @BraveSampson
Lots of positive news about Brave Ads on Android. Here is what you should know:
• Off by default
• Surface as OS notifications
• 70% of revenue to the user
• No data leaks
• Matched on-device
• Matching improves with time (Machine Learning)
• You control frequency Jul 13 2019

The CTR for Brave ads are how high?
Sampson @BraveSampson A couple figures that blow my mind: 70%, and 22.3%. Users who opt-in to private Brave Ads receive 70% of the revenue for their attention. Brave Ads, which leverage machine learning and pay the user for their attention, have yielded a 22.3% CTR―10x the industry average! Jul 13 2019

Sampson presenting at the Technology and Innovation Forum!
Brave Software @brave Tomorrow @BraveSampson will be presenting at the Technology and Innovation Forum of @eCommerce_Br to discuss @brave's privacy-by-default model and funding content on the Web. Details here: https://t.co/7ML0syyFHN https://t.co/bKGavVByjM Jul 17 2019

BAT/Brave in the News:

A Feisty Google Adversary Tests How Much People Care About Privacy (Features Brave!)
Gabriel Weinberg is taking aim at Google from a small building 20 miles west of Philadelphia that looks like a fake castle. An optometrist has an office downstairs.
Mr. Weinberg’s company, DuckDuckGo, has become one of the feistiest adversaries of Google. Started over a decade ago, DuckDuckGo offers a privacy-focused alternative to Google’s search engine.
https://www.nytimes.com/2019/07/15/technology/duckduckgo-private-search.html

SLIVER.tv / Theta Network announces advertising partnership with Brave browser
Starting today, two of the most widely-adopted blockchain projects will be joining forces for an advertising partnership: Brave and SLIVER.tv / Theta Network! SLIVER.tv / Theta will become a Verified Publisher in the Brave browser, while Brave will become a sponsor on SLIVER.tv, running ads along side our top streamers.
https://medium.com/theta-network/sliver-tv-theta-network-announces-advertising-partnership-with-brave-browser-9482030c8f40

News You Should Know:

Facebook is embedding tracking data inside photos you download.
See the thread on Twitter here:
https://twitter.com/oasace/status/1149181539000864769

Hey, Google, why are your contractors listening to me?
The audio clips have included people’s bedroom sound symphonies, their kids’ or grandkids’ voices, payment information from transactions, medical information they divulge when searching on their ailments, and far more.
https://nakedsecurity.sophos.com/2019/07/12/hey-google-why-are-your-contractors-listening-to-me/

Roaring Fans:

Writer NaSo @NChozhan You can import cookies, history and everything into Brave from Chrome. You dont worry about installing Brave, just migrating to new browser. I love @brave browser. Jul 18, 2019

Laurence @LGWillmore Replying to @DVG3012 @Sammy_Mittal and 3 othersYa, I dont really "use" BAT. But I have brave rewards on, and if I look at a private ad I get some BAT. I have auto contribute on. So if I have earned some BAT, then the creators of the content I consume get some. Free, private, funded internet. Jul 18, 2019

Chip Zoller @chipzoller Have to say, really loving @brave on mobile. It's lightning fast and with a robust ad blocker right out of the box. Switched from @googlechrome and never looked back. Jul 16

From Reddit:
The Brave Browser is getting more and more popular. I'm so happy to see so many others switching from Chrome
https://www.reddit.com/brave_browsecomments/ceeel0/the_brave_browser_is_getting_more_and_more/
submitted by CryptoJennie to BATProject [link] [comments]

Ferrum Network

Ferrum Network

https://preview.redd.it/8n5dtwvrdbd31.png?width=700&format=png&auto=webp&s=e15a79f860378bf96b79acc9538a380ee9624e32
Since the advent of blockchain technology in 2008, when Satoshi Nakamoto introduced Bitcoin, serious efforts have been made to implement the blockchain in several aspects of global business processes. Blockchain technology has been described as having the potential to destroy many industries at low cost. transactions, eternity and increased security. In subsequent years, many other blockchain implementations were developed, each of which demonstrates unique functions adapted to specific use cases.
Blockchain allowed to release almost all assets through the structure of a distributed ledger. With the help of cryptocurrency tokens, these assets can be given economic value for launching and testing some transactional processes. Several network protocols were developed by a number of startups and companies that were created to create blockchain-based solutions.
On this occasion, I will provide interesting information, especially in the world of cryptocurrency. This ICO project related to the financial world called the Ferrum Network is a fast interconnection network for decentralized financial applications. Before discussing it, it is a good idea to read reviews that can help you get information about their vision and mission. We hope that this information will certainly give you a little understanding and interest in participating in the Ferrum Network ICO project.
https://preview.redd.it/gd5yjoqwdbd31.png?width=700&format=png&auto=webp&s=2f454e1fddf1f2f92dbd603d253c708bacc6d6f9
The Ferrum network, developed by experts in distributed systems with more than ten years of experience in the world’s largest technology company, was created to solve two fundamental problems that hinder the implementation of cryptocurrency: slow transaction speed and lack of interoperability between networks. Instead of building an autonomous network, Ferrum Network uses the value of an existing block chain and connects it to a high-speed transaction level that allows peer-to-peer transactions from any digital asset.
Like the Lightning Network for each blockchain, Ferrum’s revolutionary technology combines networks that provide consistently high speed and low transaction costs for each digital asset, like BTC, ETH, XRP, EOS, Zcash, and so on. He even works with paper currencies. By focusing on lasers on attracting users and global deployment, Ferrum Network has created a line of financial applications vertically integrated into the network, allowing users to buy, exchange, conduct transactions and store any digital assets without the risk of confrontation between the parties.
Ferrum Network Technology
DAG Book: Decentralized books are similar to the blockchain, but are designed for fast transactions, minimal network costs and the absence of miners. Interaction network: introducing innovative solutions for cross-chains, Ferrum can work with any blockchain / network. Decentralized proxy tokens: Decentralized proxy tokens with guaranteed stability allow the exchange / transaction of any digital assets, including digital fiat. High Frequency Trading: genuine support for moving assets off the network and conducting high frequency trading and transactions for a nominal fee. FRM Token: network gas, FRM tokens are consumed and burned for each transaction in the network. Import / Export Value: Ferrum is designed to import / export values, including paper currencies.
https://preview.redd.it/uu2hce91ebd31.jpg?width=876&format=pjpg&auto=webp&s=11a46245602013e34fe86fa4a17a0810d59cdb38
Key features of the network Ferrum
Inter-network communication: A next-generation protocol designed to connect to each block chain. High speed and low cost: peer-to-peer transactions that within a millisecond confirm that the cost of the network is about 1 cent. An integrated line of financial products: buy, exchange, trade and store any digital assets using sophisticated financial applications that work online. Run with users and network utility: real products, real users, proven business practices.
The Ferrum Network launches a vertically integrated line of financial products above the network, which gives users the ability to control their financial lives.
Kudi Exchange Fiat Gateway: you can buy and sell cryptocurrency faster and cheaper using the Fiat Gateway Ferrum Network, starting with the stock exchange in West Africa and their first wallet for smartphones in Africa, offering a set of stable coins in a fully regulated US dollar and the ability to send paper currency. UniFyre Wallet: You can perform any operations with digital assets without risk using the UniFyre Wallet. UniFyre Wallet offers revolutionary features such as risk-free over-the-counter trading, instant market trading and security features to prevent losses due to errors.
Ferrum Network has its own original token, PUR (short for PURE FERRUM) and other proxy tokens. As already mentioned, Fe is used as a “gas” in the network, similar to the cost of Ethereum gas on the Ethereum blockchain. Proxy tokens mean tokens that are imported into the network and have the same meaning as the original. Here is an example. If 1 BTC is added to the Ferrum network, it will be exchanged for 1 Fe (BTC) — the external exchange protocol will be used with the same value. Something similar happened with paper currencies. If USD or EUR is sent to the network, we will have Fe (USD) and Fe (EUR) in the network.
In short, Fe tokens, such as Fe (BTC), Fe (ETH), are created by locking the original value; they have developed several methods for this. Some of them include smart contracts, and some do not. However, they all provide transaction security.
Information about the network Ferrum and ICO Token FRM
FRM tokens will be used to quickly complete all transactions with minimal commission and in the most reliable way. FRM tokens for digital currencies and Fiat will also be available.
Token details
Name: Ferrum Network Token: FRM Token cost: 1 FRM = 0.0168 USD Tokens for sale: 400 million FRM Total amount of deliveries: 1 000 000 000 FRM Softcap: TBA Hardcap: $ 6,000,000 Token distribution

You can find Ferrum.network on:
submitted by sinhrofazatron to ico [link] [comments]

Bitcoin: How Cryptocurrencies Work - YouTube Bitcoin Block Details How to retrieve or get your transaction ID or Hash from BlockChain A look inside America's largest Bitcoin mining operation ... Bitcoin - Transaction block chains - YouTube

“The modus operandi for the Asia-based blockchain industry is largely different from that of the West ... Bitcoin transaction with our Bitcoin Block ... personal details, cryptocurrency asset ... Digital money that’s instant, private, and free from bank fees. Download our official wallet app and start using Bitcoin today. Read news, start mining, and buy BTC or BCH. Bitcoin Daily: Rhode Island's Blockchain Act Aims For Crypto Rules Too; Rapper Akon Details Crypto Plans By PYMNTS 60 60 PYMNTS.com PYMNTS Posted on March 15, 2020 March 15, 2020 11:02 pm The Bitcoin 2020 conference is officially moving to April 30–May 1 in sunny Los Angeles, California, with Nick Szabo and Tony Hawk headlining! Bitcoin 2020 ticket holders are eligible to either transfer their tickets directly to 2021 or request a full refund. More details are available at the bottom of this article. Blockchain technology like Bitcoin and other cryptocurrencies will pave the future of financial instituations in America 2.0. ... (with a test of blockchain in the 2018 West Virginia midterm elections proving it was a fraud-proof alternative). ... the digital signatures of the parties involved and other details. That block is given a “hash ...

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Bitcoin: How Cryptocurrencies Work - YouTube

A short introduction to how Bitcoin Works. Want more? Check out my new in-depth course on the latest in Bitcoin, Blockchain, and a survey of the most excitin... The math behind cryptocurrencies. Home page: https://www.3blue1brown.com/ Brought to you by you: http://3b1b.co/btc-thanks And by Protocol Labs: https://prot... The mechanics of a bitcoin transaction block chain, which is a construct that is generated by bitcoin miners and functions as a global ledger for recording a... Whether or not it's worth investing in, the math behind Bitcoin is an elegant solution to some complex problems. Hosted by: Michael Aranda Special Thanks: Da... A look at how a transaction is constructed This video is part of a larger online course, "From Barter to Bitcoin: Society, Technology and the Future of Money...

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