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HUOBI – THE EXCHANGE BUILT FOR THE FUTURE - A HONEST REVIEW BY AN USER
HUOBI – THE EXCHANGE BUILT FOR THE FUTURE A HONEST REVIEW BY AN USER https://preview.redd.it/3il28cidztt41.png?width=313&format=png&auto=webp&s=b7c7ccafde202532977305d9be044ba9c7f88e42 Leon Li founded Huobi in 2013, a former computer engineer at Oracle. Huobi Global is a digital asset and crypto currency exchange headquartered in Singapore. Huobi also has local exchanges in South Korea, Japan, and through its strategic partner, the United States. The Huobi Group, the parent company of Huobi Global, has received venture capital finance from prominent Beijing based ZhenFund and American VC firm Sequoia Capital. The Huobi Global exchange serves traders in 130 countries. Through Huobi Global, traders can access almost 200 crypto and stable coin assets. Huobi users can download trading clients on both mobile and desktop devices. Huobi has traded over US$1.2 trillion in digital assets, and at one time it was the world’s leading exchange by volume, capturing 50% of all global trading volume. In terms of security, Huobi has adopted a decentralized exchange structure, which helps to resist DDOS attacks. However, Huobi has implemented the ‘Huobi Security Reserve, in which Huobi has set aside 20,000 BTC reserved for users who have lost funds either due to hacks, or exchange failures. Ease of use The UI is clean, user-friendly and perfectly designed with all the basic requirements for a crypto-trader. The charting software is provided by Tradingview, which is exactly what you want. https://preview.redd.it/nm2fr51mztt41.png?width=602&format=png&auto=webp&s=16c406a4eec33a1c28d2bcb5330bee6b043fc359 Huobi OTC Huobi’s OTC exchange is a good initiative. The Huobi OTC exchange allows users to trade funds peer-to-peer which doesn’t affect the market price of the underlying asset. The OTC trading-desk, with transfer options like bank-transfers, PayPal, WU, Paytm, UPI, IMPS, Alipay & many others, is an easy to use payment gateway. With a secure exchange to diversify your investment, right next door, too with effective list of Buy and Sell options for BTC, ETH, USDT and EOS coins. https://preview.redd.it/66c2zr2oztt41.png?width=602&format=png&auto=webp&s=41899be5c02791f9f5323b957ad13d092b5275f7 Huobi Lite Huobi Lite App provides a convenient channel for everyone to buy cryptocurrencies at the best prices. Tailor-made for beginners, traders, and users. We can download the App directly from the respective iOS Store or Google Play Store. Alternatively, we may access via the link: https://lite.huobi.com/download https://preview.redd.it/tw8p8cmpztt41.png?width=260&format=png&auto=webp&s=88f4d4d45b8b287d452f02547adfd187f2b09977 On Huobi Lite, you can buy Bitcoin with your local currencies, credit card, or exchange cryptocurrencies tokens, with zero fees at competitive prices. Huobi Lite currently supports MYR / HKD / VND / USD (Credit Card deposit only), with more to come in the future. Huobi Derivative Market (Huobi DM) Margin Trading Huobi Global launched Huobi Derivative Market (Huobi DM) exchange to selected countries. It provides margin trading, with very low daily loan interest rates of 0.1%. Margin Trading allows users to increase their investment exposure given a limited base principal to enjoy multiple returns. 3-Steps taken in Margin Trading:
Request for Loan
Trade on Margin (Long/Short)
Repay Margin Loan and Interest
With the introduction of Cross Margin on Huobi, users will have to explicitly input the respective margin type before executing the above 3 steps. Balances on the Cross Margin balance does not show on the Isolated Margin balance. Huobi Futures Huobi Futures is a kind of digital currency derivatives. Users can make a profit from the rising/falling of digital currencies prices by going long or selling short based on their own judgment. The Huobi Futures Contract adopts spread delivery. When the contract expires, all open positions will be closed at the index-based last-hour arithmetic average price, instead of physical delivery. BTC/ETH/EOS/LTC/XRP/BCH/TRX/BSV/ETC Contracts are available on Huobi DM. Contracts are priced in USD, with corresponding digital currency (BTC/ETH/EOS/LTC/XRP/BCH/TRX respectively) as margin to open positions, and PnL is also settled in corresponding digital currency. Weekly, bi-weekly and quarterly contracts are available in Huobi DM. Weekly contracts will be settled on imminent Friday; Bi-weekly contracts will be settled on next Friday; Quarterly contracts will be settled on the last Friday of March, June, September and December. Choices of leverage: 1x, 5x, 10x, 20x Huobi Perpetual Swap Huobi introduced Perpetual Swaps on March 27, 2020 (GMT+8). Huobi Perpetual swap is a kind of digital currency derivatives. Users can make a profit from the rising/falling of digital currencies prices by going long or selling short based on their own judgment. Similar to a margin spot market, its price is close to the price of the underlying reference index. The main mechanism for anchoring spot prices is the cost of funds. Perpetual swap have no delivery date. Users can always hold it. Perpetual swap are settled every 8 hours. After each settlement, the realized profit/loss and unrealized profits/losses are transferred to the user account balance. Partial Liquidation Huobi Futures adopted partial liquidation to help position holders reduce liquidation risk. Users with large positions and high leverage bear high risk. Huobi Futures releases partial liquidation with the aim to lower possible losses due to high price volatility thus giving users better trading experience. Under partial liquidation mechanism, when liquidation is triggered, instead of liquidating all positions at once, the system reduces positions gradually till a grade whose margin ratio is great than 0. Full liquidation will only occur when the margin ratio of tier 1 upper limit net position still fails to be great than 0. Trading Fees The Huobi exchange has a fair trading fee structure. Every asset traded via Huobi Global is subject to a 0.2% trade fee, for both market makers and takers. Further, Huobi Global has introduced a tiered fee system which offers competitively lower fees for high volume traders. VIP membership gives access to various fee reductions and other benefits. Huobi Prime Huobi Prime, the Launchpad platform which we can call Direct Premium Offering (DPO), does share some similarities with initial exchange offerings (IEO) like Binance Launchpad, but it is unique as it is not a fundraising platform, and any coins purchased on the platform are immediately deposited into the users’ wallets and tradable on Huobi Global. Huobi Prime offers its users early access to the coins of premium projects, which can be bought using its native crypto currency, the Huobi Token. To avoid dumping, Huobi has implemented an innovative idea of a period of tiered price limits. Huobi FastTrack Huobit FastTrack, rebranded from Huobi Prime Lite, is a new listing model. Wherein, all participants will have a direct say in what projects are listed on Huobi Global and when. In addition, winning voters will get access to quality tokens at below market rates. The program also provides much needed exposure and a straightforward listing process. Huobi Wallet https://preview.redd.it/6iux5zotztt41.png?width=602&format=png&auto=webp&s=fef6f6d6813ec82a70df28b160fe18ba2237daba Huobi Wallet is the official mobile wallet of Huobi Group, a leading global digital asset financial service provider. It is a multi-chain asset management tool that provides native support for various types of blockchains and all of the ERC20 tokens. So far Huobi Wallet supports BTC, BCH, LTC, ETH, ETC, USDT and all ERC20 tokens. Huobi wallet is the first wallet to expand support to cover seven stablecoins including, Paxos Standard Token (PAX), TrueUSD (TUSD), USD Coin (USDC), Gemini Dollar (GUSD), Dai (DAI), Stasis EURS (EURS), and Tether (USDT). Huobi Wallet is built based on the core principle of security-first. The wallet gives back its users, complete control of their private keys. In simple terms, You own your assets. The wallet is backed up with mnemonics, so in future when you want to import your wallet, it’s just simple few clicks. Currently, the wallet is compatible with both iOS and Android devices and you can download both from here (www.huobiwallet.com/en) Huobi Chain Huobi launched Huobi Chain’s Testnet (“the Testnet”) on February 29th 2020 (GMT+8). Huobi Chain is China’s autonomous cum compliant-ready blockchain platform, and is committed to providing a global, blockchain-based, digital asset infrastructure. Huobi Chain is committed to providing a high-performance, blockchain-based, global digital asset infrastructure. Once the Mainnet goes live, Huobi Chain will announce HT- related events: e.g. pledge HT to be a Super Node, etc. HT Lock & Mine (Huobi Pool) Huobi launched HT Lock and Mine operations on 25th July 2019 (GMT+8). Users who lock HT tokens receive daily HPT rewards. Specific reward quantity will depend on lock option period selected, quantity locked and Huobi Pool’ s mining hash power and daily float. DPOS Rewards: All Huobi Global users with more than 1,000HPT holdings in their HBG account will receive DPOS mining rewards. Currently, token reward received under DPOS mining include EOS, TRX, CMT, ONG, IOST, ATOM, IRIS, LAMB。 Huobi Support Users of the Huobi exchange can access 24/7 live chat and Huobi help center. Those facing issues can also open a support ticket to have their issue resolved by an expert representative immediately. The Huobi Group has a very active YouTube channel, featuring Huobi Talk, where it posts user tutorials, detailed guides, and crypto currency information for traders. What I like the most about Huobi
An established platform that’s been operating since 2013, which is a long time in the crypto world.
Highly secured with decentralized exchange structure, which helps to resist DDOS attacks. Huobi has never suffered a large hack.
Huobi Security Reserve of 20000 BTC to compensate users’ loss of funds.
Dedicated, fast and 24/7 customer support.
Regulated in major jurisdictions.
User interface is very smooth and clean.
Over 230 crypto assets are available.
User education program is good initiative.
Separate trading desk for institution and firm size users.
Very transparent about its operations, listings and projects.
Huobi Wallet is secured and very easy to operate.
Huobi mobile app is smooth and very easy to use.
Has taken serious steps towards avoiding wash trading.
Impressive array of trading pairs.
Has given more important on community participation, like voting for listing, mining pool, Huobi Knights program etc.
I like Huobi Prime because of following reasons: -
(a) Purchased tokens are immediately deposited into user’s accounts, (b) As projects launch exclusively through Huobi Prime from day one, all users get assets at the best price. (c) Tiered price limits on the platform protect both investors and projects from immediate dump.
Huobi screen projects and launches which are only the best. I don’t have to worry about poor or scammy projects.
Burning of HT is a great move and it would benefit long term holders.
04-03 12:33 - 'Paul Le Roux' (self.Bitcoin) by /u/financeoptimum removed from /r/Bitcoin within 191-201min
''' Paul Le Roux is a fascinating character, whose story entails drugs, gold, arms dealing, North Koreans, Iranians, elite-level encryption, Somali pirates, women...and more women. Let's get into it... Part 1/5 - The Early Years Paul Le Roux was born on Christmas Eve, 1972, in Bulawayo, the second-largest city in what was then called—by the white minority that governed it, at least— Rhodesia. In 1980, Robert Mugabe became prime minister of what would now be called Zimbabwe, ending minority white rule in the country. Four years later, when Le Roux was 12, the family relocated to South Africa. Not long after the move, in exchange for washing his father’s car, Le Roux was given his first computer. After that, a relation of Le Roux states that he became "completely anti-social.” When Le Roux was 15 or 16, in the late 1980s, the local police raided the family home and arrested Paul for selling pornography. After that, Le Roux turned even more inward. Although he was an excellent student, he despised the idea of learning Afrikaans, which was compulsory in South African schools, describing it as "a dead language" that he "didn't want to learn." At 16, he dropped out of high school and decided to follow his interest in computers, taking a local programming course. Family lore has it that after he spent one class explaining some technical fact to the teacher, he got a letter saying he no longer needed to attend. He then completed a year’s worth of material in eight weeks! Accounts of Le Roux do indicate that he was exceptionally gifted, and people who worked with him described him as a genius. After returning from a family holiday to Disneyland in the US, 17-year-old Le Roux decided to leave South Africa, and departed for the UK eight months later to work as a programmer. He then moved from the UK to the US, where he lived in Virginia Beach. After six months in the US, he followed his then-girlfriend Michelle to Australia in 1995. The couple married and Le Roux acquired Australian citizenship. Le Roux frequented message boards and enjoyed trolling Australians. A typical post read: "All of Australia could disappear into the Pacific and the only difference it would make to the World is the Americans would have one less pussy country to protect." His posts caused outrage on the board - someone even changed their handle to fuck @ you.paul Le Roux would later declare that his correspondents had fallen for his ploy: "Australians are east to provoke and your postings (including 2 death threats, numerous flames, and one guy who swears he has my address & phone number) have provided me with hours of amusement." Of course, Le Roux did more than just troll Australian message boards in this period... Le Roux had started building E4M - Encryption for the Masses - in 1997, releasing it at the end of 1998. Part 2/5 - The Turning Point E4M allowed users to encrypt entire hard drives, and to conceal the existence of encrypted files (such that prying eyes wouldn't even know they were there). According to Le Roux, the software was written from scratch, with thousands of hours going into its development and testing. As well as this, in the [Politics section of the E4M website]1 , Le Roux published a sort of Manifesto, describing how "governments are increasingly relying on electronic data gathering" and how "Strong Encryption is the mechanism with which to combat these intrusions, preserve your rights, and guarantee your freedoms into the information age and beyond." In the spirit of the open-source software movement in the late 90s, Le Roux released E4M for free and made the code available for other people to improve. Therefore, with no income from his two years of labor, he was struggling financially. His marriage fell apart violently and the couple got divorced in 1999. Le Roux first relocated to Hong Kong, then to Rotterdam in the Netherlands. He married a Dutch citizen named Lilian, and they had a child shortly after. In 2000, in order to monetize E4M, Le Roux launched [SW Professionals]2 in 2000. Based in South Africa, the company offered offshore programming, including E4M customization. One of Le Roux's clients was an Italian telecoms engineer called Wilfried Hafner, who had corresponded with Le Roux for several years about E4M. Hafner had founded a company to create a commercial encryption product that would combine some of the elements of E4M with another piece of software, Scramdisk. The new company would be called SecurStar, and its product would be called DriveCrypt. Hafner hired Le Roux to build DriveCrypt's underlying engine. At the time, Le Roux was desperate for money - he drove a beat up car and worked out of a Rotterdam apartment small enough that, on the phone, Hafner could often hear a baby crying in the background. Hafner on the other hand was living in the South of France, and Le Roux openly coveted the kind of success that he imagined led to such a home. He told Hafner: "I am ambitious, I want to have all this." However, in the middle of the development work for DriveCrypt, Hafner discovered that Le Roux was still working on E4M and had incorporated some of his work for SecurStar into his personal project. As a result, Hafner terminated Le Roux's contract. By October 2002, SW Professionals was now defunct and Le Roux was openly soliciting for work on the alt.security.scramdisk forum. It was around this time that Le Roux received some news that "shattered his whole world." In 2002, he travelled to Zimbabwe to retrieve a copy of his birth certificate. On the trip, his aunt and uncle pulled him aside to tell him the truth, and it was then that Le Roux found out he was adopted. Although many family members had known for years, Le Roux’s parents had elected to keep him in the dark about it. It was the "unknown" part that hurt him the most. Shortly after, Le Roux appeared on an another set of message boards - he seemed to be launching some kind of moneymaking scheme that required opening a company based in the U.S. In 2004, a group of anonymous developers did exactly what Hafner had feared: they released a new and powerful, free file-encryption program, called TrueCrypt, built on the code for E4M. TrueCrypt combined security and convenience, giving users the ability to strongly encrypt files or entire disk drives while continuing to work with those files as they would a regular file on their computer. Hafner and his SecurStar colleagues suspected that Le Roux was part of the TrueCrypt collective but couldn't prove it. As we'll explore in Part 5, TrueCrypt is an interesting part of this story... Part 3/5 - Money and Power After Le Roux's departure from the encryption world, at least under his own name, he entered the Internet-pharmacy business. What Le Roux did next was combine two of America's favourite past times, popping pills and online shopping, and the results were sensational. He turned over around $300MM in 4 years. In 2007, Le Roux moved his family to Manila, where he would base his operations. He also had call centres in Israel. This was a brilliant move by Le Roux, as the authorities were not looking at Tel Aviv and Jerusalem as hot-spots for a large-scale organised crime operation... Le Roux was moving serious volume during this time - his operation was once one of FedEx's largest customers. A relative of Le Roux pointed to 2008 or 2009 as the point at which Le Roux snapped. "I think the money got to him. I personally saw $100 million in his office in Makati. Cash, bud. It was fucking ridiculous. It was in wicker baskets lined up on the side of the wall in his office." Le Roux's appetite only grew, and not just in the literal sense (he was known as the "Fat Man" in the Philippines): he wanted to be a different kind of businessman, a lord of the real underworld, not just the virtual one. An Israeli associate of Le Roux tells how "Le Roux wanted to make more money, fast. Le Roux wanted to diversify, to be bigger. The only way to do that was illegal. He was living inside a movie, you could almost say." As well as this, Le Roux was notorious for his sexual exploits - he once wrote to his cousin, "15-20 a week, sometimes 3 per night." A former call centre employee tells how Le Roux approached him with an assignment, which at first he thought was collecting women for Le Roux to open a bar. However, that was not the reason, as Le Roux explained: "I'm going to impregnate them, and build an army of kids." Le Roux asked him to make a spreadsheet to track the women: their names, dress size, age, medical checkups. The operation was given top priority by Le Roux, who even sent his emissary to China to try to find women there. It is rumoured that Le Roux has at least 11 children to 7 different women! Le Roux's businesses expanded into logging, precious metals mining, gold smuggling, land deals, cocaine shipping, and arms dealing. These activities were spread across dozens of shell companies registered all over the world. Of course, he needed to launder the money. Le Roux used paid muscle in Hong Kong to swap cash for gold bars, and then proceeded to stash the gold in warehouses in Hong Kong (this totalled around $50MM). Speaking of paid muscle, Le Roux had plenty: ex-soldiers and mercenaries made sure any problems were dealt with force if necessary. Le Roux was closest to ex-British soldier Dave Smith, who would act as the leader of the mercenaries and allow Le Roux to insulate himself and not have to deal with people. In fact, Le Roux once told Smith "I live vicariously through you." However, things took a turn for the worse, at least from Dave Smith's perspective, as Smith stole $5MM worth of Gold from Le Roux. Le Roux was furious. He then summoned Smith to his place in the country, and asked him to dig a hole as they needed to stash some gold. However, when he arrived, he was greeted by a South African hit-man. After the hit-man had finished shooting Smith, Le Roux then grabbed the gun and fired into Smith's corpse. Le Roux then set about building an arms base in Somalia. To achieve this, Le Roux called upon an ex-soldier from Europe, code-named 'Jack' to work for him on the ground in Somalia. At sea, Jack had to bribe Somali pirates. It was actually this activity in Somalia that landed Le Roux on the radar of the DEA, as he popped up in a UN Report on security in Somalia. The DEA were now on his tail. Of course, his encryption skills came in handy - Le Roux's thick layers of encryption meant that the DEA needed someone on the inside... Part 4/5 - "Well played gentlemen, well played" Le Roux was getting more and more paranoid about people in his organisation stealing from him. Without justification, he suspected that his self proclaimed 'Golden Boy' Jack was stealing from him - so he ordered a hit on Jack. This was a huge mistake on Le Roux's part, as Jack then called a CIA hotline and went on the run. It was 18 months later that a DEA investigating Le Roux found Jack's message to the CIA. The DEA agent then called Jack. Scared for his life, Jack agreed to turn informant. In the meantime, Le Roux then had a change of heart and apologised to Jack for ordering the hit on him. The DEA then asked Le Roux to go back to work for Le Roux - they now had someone on the inside. To tempt Le Roux, the DEA devised a sting operation. They knew that Le Roux wanted novelty and excitement. So they fabricated the scenario that Jack had made contact with a high profile Colombian trafficker, and the Colombians wanted to bypass the Mexicans for their meth supply in the US. Le Roux was hooked. However, the DEA needed to lure Le Roux out of Manila, as his network of corrupt officials would ensure he will never be arrested. Jack needed to get Le Roux to Liberia (where the DEA had a trusted ally in Fombah Sirleaf, Head of Liberia's National Security Agency). Jack achieved this by saying that they needed to meet a cartel representative to finalise the deal. It worked, and Le Roux was arrested. Initially, Le Roux went into passive resistance - he was a big unit (hence the nickname "Fat Man") - and it took around 10 agents to get him on the plane to fly back to the US. Well he settled on the plane, the first thing Le Roux said to the DEA agents was: "Well played gentlemen, well played." He then said: "If you're looking at me, then clearly you're looking at bigger things..." The DEA agents were intrigued: "No Paul, you're the prize - what could possibly be bigger than you?" Le Roux responded: "Nation states gentlemen, nation states." He then started to spew out extremely valuable information on North Korea and Iran. Of course, this wasn't the only leverage Le Roux had... The enforcers who were once on Le Roux's payroll needed to be held accountable for their numerous murders, and the DEA were desperate to get them behind bars. Le Roux was key in their eventual capture. But that's not all: a crucial piece to this story is Part 5... Part 5/5 - TrueCrypt As we discussed previously, Le Roux was rumoured to be a member of the TrueCrypt collective. In November 2012, a man with the online handle Cincinnatus decided to throw a party in Hawaii. The idea arose out of an email exchange with Runa Sandvik, a developer and expert on the online software Tor, which allows its users to mask the physical location of their computers on the Internet. After she gave a Tor tutorial on Reddit, Cincinnatus sent Sandvik an encrypted message. Cincinnatus told Sandvik that he lived in Hawaii. Sandvik mentioned that she would be there on vacation the following month and could give a talk on Tor. Cincinnatus suggested they host a “cryptoparty,” a phenomenon that had arisen around that time among technology- and privacy-conscious activists. The date was set for December 11. Unbeknownst to Sandvik, her fellow party planner was hatching a much more elaborate education scheme. Four days after he contacted Sandvik, Cincinnatus sent an email to the journalist Glenn Greenwald. “The security of people’s communications is very important to me,” he wrote. In a series of emails, he suggested that Greenwald set up an encrypted means by which sources could contact him. Cincinnatus organized the cryptoparty at a hacker space called HiCapacity, located in the back of a furniture store in Honolulu. When Sandvik arrived around 6 p.m., Cincinnatus introduced himself as Ed and told her that he worked at the computer-hardware company Dell. Ed kicked off the evening by welcoming the attendees, then invited Sandvik to give her presentation on Tor. When she was finished, Ed pulled out his laptop, plugged it into the projector, and began his own instructional talk about TrueCrypt. In Ed’s presentation, Sandvik later wrote, he “pointed out that while the only known name associated with TrueCrypt is someone in the Czech Republic, TrueCrypt is one of the best open-source solutions available.” Six months later, in June 2013, Greenwald and filmmaker Laura Poitras published the first of a series of articles that grew out of their contact with Cincinnatus. In time they revealed that his full name was Edward Snowden, that he had worked in various capacities at the National Security Agency, and that he had downloaded and handed over a trove of documents from the NSA in an effort to blow the whistle on what he believed were egregious privacy encroachments by the U.S. government. Among them was a document revealing that TrueCrypt was one of a small number of encryption programs that had withstood the NSA’s efforts to crack it. What Snowden and the rest of the world wouldn’t know for another two years was that Paul Le Roux, the man whose code formed the foundation of True Crypt, was at that very moment in the custody of the U.S. government. Le Roux was in a bind, facing the full force of a U.S. federal prosecution for any number of his extraordinary array of crimes. The only way out was to spill his secrets... [[link]4 ''' Paul Le Roux Go1dfish undelete link unreddit undelete link Author: financeoptimum 1: e4m.net/**l*ht*l 2: e4m*net* 3: www.yout*be.co*/watc**v=z**aMoJ**k* 4: www.youtube.com/watc*?v*z*Za*o***kc**^* Unknown links are censored to prevent spreading illicit content.
AMA Recap of CEO and Co-founder of Chromia, Henrik Hjelte in the @binancenigeria Telegram group on 03/05/2020.
Making money online isn’t as simple as many think even though there are lots of ways one might do it, such as playing games, mining bitcoins, creating a YouTube channel, or just creating a blog. But the Internet allows much more than these methods, and that is to make money out of your hobbies. Computer builders can advertise their skills and make client builds, graphics specialists can make custom designs and sell them and the list goes on and on. One hobby is quite common and and the possibility for getting fair compensation is quite high: photography. Be it digital photo manipulation or old school photography, those who have this hobby can sell their photos and make a pretty buck from it. Of course, your photos must be good if you want to sell them.
What types of photos can you sell?
Pretty much any type of digital media can be sold. If you own a quality camera, like a DSLR, you can take artistic photos or stock photos. There is a big market for stock photography, as digital artists use these photos to create others from them. Also, in the same category of stock photography are texture photographs, which can also be done with a high quality camera. Note:Stock photography requires you to have a DSLR camera, as you need the high resolution provided by these devices. This is especially true for texture photography, where the textures need to be high resolution and high quality. Artistic photography can also bring you some money, but there are many photographers out there that are very well known and take stunning pictures of all types (portraits, landscapes, nature, sports, macro, etc), and making a name for yourself is pretty hard, but if you are talented, then you will succeed. Digital compositions can be sold in numerous places and graphics designers have made a living out of creating awesome photos from scratch or from stocks, using specialized software, such as Adobe Photoshop. If you don’t own a powerful camera, and you don’t like going out and searching for the best frame, then this might be the one for you. But keep in mind that programs like Photoshop are very hard to learn, and becoming proficient with them will take months if not years of hard work.
Selling photos online: Q&A
If you are just now starting to think about selling your photos, then you must have lots of questions. Here are a few answers that might interest you in the beginning: Q: How much money can I make from selling photos? A: It greatly depends on how well your photos are discovered, how many you sell and what percentage of the cost of the photos you receive from the service you use. Q: How long before I get any payment? A: Again, it depends on how quickly your photos are discovered, how good they are, how affordable they are and of course, on what people need. Q: Do I have to invest anything? A: In some cases, yes. There are many websites that allow you to upload photos for free, or try a demo of their services, but many require either a one time buy or a regular subscription. Q: What is the best solution for selling photos online? A: Both ways have their advantages, what it boils down to is the time you plan on investing in this and of course, the budget.
Tips on selling your pictures online
Even though the concept of selling pictures online is pretty straightforward, there are some aspects that you should consider. By following these simple guidelines you will get a head start in your endeavor and make a name for yourself. After all, being known by people is half of the way, and once you make yourself known to the customers, you will have better chances of selling your photos. Before you start selling your pictures online, you might want to do a little reading on photography and composition, as you will need these skills to later take good pictures. Also, if you are using Adobe Photoshop to compose or edit photos, then look at a few tutorials and learn how to use it.
Finding your niche is a good way to start. Everyone likes different things, therefore, they will do better at taking pictures or composing on different themes. Experiment with a number of models and see which pleases you the best. For some, macro photography is best looking, and for others, it might be astrophotography.
Get your gear ready, be it your DSLR camera or your editing software. Now that you learned a bit about them, you will know what you need to make the best pictures, and if you discovered your niche, then you will need specialized tools and equipment.
Don’t discard photos even if you don’t particularly like them. Beauty lies in the eyes of the beholder, therefore someone might like a photo that you find mediocre, or they might hate what you think of as your masterpiece.
Keep your photos organized! You might not upload all your photos at once to a website to sell them, so keep them handy for later on. Also, you might have more than one niche, and so, you will have to organize them for better access. If you are doing stock photography and other types of photography at the same time, you will have to sell them on different websites and having them organized will help you a lot.
Make yourself a portfolio and show customers what you can do. This is especially necessary if you plan on creating a Print on Demand shop.
Scout all the websites that sell photographs and upload your work. The more sources you use, the more likely it is your photos will be found and bought.
Don’t get discouraged if your photos are rejected for whatever reason by some websites, just keep trying in other places and you’ll get there.
If by any chance some of your photos are rejected everywhere, do the next best thing: offer them for free download, under your name and watermark. This will make you known to the customer base and you might end up with some fans who will buy your other photos.
There are two ways to go about selling your pictures online. First off there are websites that allow you to open an account and upload your photos to your gallery. These websites are used by thousands of photographers and customers and offer a simple and effective way to sell photos online. The other type of websites or services that you can use to sell your photos online is the online portfolio builder, where you use the dedicated tools to create your own website and have your own gallery. This allows users to better customize their pages and have nice looking websites that reflect the type of pictures they want to sell.
Websites to upload and sell your pictures
There are a number of websites where you can sell pictures but keep in mind that you can only sell pictures that belong to you. If you have some awesome pictures that you have taken, these websites will be of help if you wish to sell them and make a profit out of your hobby. This type of websites has some advantages that make them suited for certain users:
They are easy to set up
They allow almost any types of photos (computer generated pictures or traditional photography)
Free to use
Some don’t require users to minimum size for the picture
Although these websites are simple and free to use, keep in mind that they hold hundreds of thousands of images, and getting yours sold might take a while. Now that you know what these websites can do for you and how to use them, here are some examples of good markets where you can bring your photos to sell them:
Keep in mind that not only digital copies of your images can be sold. If you have some great shots and some basic Photoshop skills, you can make your own Print on Demand website and sell your photos as greeting cards or paintings. Also, there are a number of services that will allow you to create a portfolio and upload your photos to a hosting server. From these websites, you will be able to sell your photos easily to customers. Here are some of the highlights of these services:
Some offer WordPress support for creating blogs with good SEO
Your portfolio only holds your photos
Some of these websites will verify your photos and automatically add them to their existing database
While these services allow anyone to create a professional portfolio, most of them are not free, and sooner or later, users will have to pay a subscription. Also, they will have to do some research on how to run a blog and make it popular if they want their pictures to show up in web searches. If you are interested in such solutions, here are a few to get you started:
These are only a few of the tools that you will use in your pursuit to sell your pictures, as there are many other tools out there that might help you. Remember to do solid research before you commit to a service or a website and try to use well known services that others have used and recommended.
Q1:- What is SpockChain & its Current Progress? What are the Problems SpockChain trying to solve?
Ans:-Spock has been launched its mainnet on 8/13 2019, it’s the first public blockchain support Solidity smart contract with PoC consensus. In the last month, we have achieved several goals: 1.launched the mainnet, 2.been listed on 6 exchanges, and also Spock has won the voting competition for free list on MXC. 3. Spockpool is online to help small miners to union their capacity and get share of the mining reward.Spock is building a decentralized application network with PoC consensus, which is a more cost saving, environment friendly solution for blockchain system. Spock is going to release is first smart contract in the following months.
Q2:- What is the Use-case Of Spok Coin In Your Ecosystem? How can Holders & Investors Generate Rewards Using Spock Platform?
Ans:-In Spock Network, People can publish/run the apps on the network, all the dapps running on the network needs SPOK. and besides PoC consensus, Spock also involves the concept of PoS, which is that miners need to stake some coins to mine the coins, if not, the miner cannot get the 100% of the block reward, so in SpockPool, coin holders can lend the coins to the miners, when miners mined the reward, it can share with the coin holders.
Q3:- What is the Need & Importance Of SpockChain project in Blockchain Industry?
Ans:-First of all, I think PoC consensus will be a serious option besides PoW and PoS in future, and there must be a significant project stands for PoC consensus, currently Burst or BHD maybe the one, but these two projects has a common problem is that they do not have ecosystem, they only created a coin with PoC consensus, that’s too simple to today’s blockchain world. Spock will be the star project in this area not only just created a coin with PoC consensus, but also it supports smart contract, Ethereum dapps, games can be easily migrated to Spock network.
Q4:- What are the Milestones SpockChain has achieved from the starting of this project? What are the Long Term Targets?
Ans:-For the first question, I have answered in the previous one. Like launch the mainnet, got investment from Continue Capital and other token funds, IEO/IGO on the several exchanges, got free list on MXC by won the voting competition, released explorer, dashboard, desktop wallet, Android wallet, and SpockPool, all these things above happens in the last month!!!For the short-term goal, Spock is trying to be the Ethereum with PoC consensus, so for the following 6 month to 1 year, Spock will expand the developer community to increase the dapps/tokens on its network. And also the final goal of Spock is to upgrade the consensus not only store the hash value, but also store documents, music, videos, etc. We’re still working on that part.
Segment 2 Questions
Q5:- What are your major goals to archive in the next 3-4 years? Where can we Spockchain ecosystem in this period? What are your plans to expand and gain more adoption?
Ans:-1. Spreading the Proof of Capacity consensus, let more people know there is another way of mining to gain.2. Build the developer economy on Spock Network, on Spock Network, not only smart contract, but a new type of tokens will be supported, which is not like the ERC-20, it’s tokens that generated as the block generated, but the developer can define the tokens generation rules, we call them mining-tokens.3. Search the new way to upgrade the storage network, to finally achieve the goal that the a decentralized storage network can serve the internet users, that would be a totally new future of blockchain world.
Q6:- As a team member of Spockchain, what is your long-term vision about the industry which Spockchain is working at? Are you afraid someday there will be another project with more innovative technology can replace?
Ans:-I think the infrastructure of Blockchain world today has only two main directions: 1. cross chain Technoledge like Cosmos, Polka-dot. 2. Decentralized storage like IPFS. As long as we're heading to the right direction, we won't get a very bad result, even we have failed, but the way we passed through can be borrowed to other projects, there must be some projects success in this area. I feel confident about the project going and what we have done comparing to the other competitors, as currently so many projects claim that they want to be Ethereum in PoC, but none of the has launched the mainnet except SPOCK.
Q7:- Why Spock Network have Chosen Proof of Capacity Consensus Mechanism ? Any advantage over other consensus?
Ans:-Here is the description in the white paper about advantage of PoC: Environmental protection: When a mining machine is initialized, the mining cost isrelatively small, requiring only a small amount of disk access and a small amount ofcalculations per block. • Economy: Many PCs have unused disk space. The marginal cost of using these spaces formining is small, with immediate rewards and can be used for mining. It is not necessaryto consider the cost of electricity as a bitcoin mining machine. • Equality: Today Bitcoin has become the world of Asics mining machines and large mines,and small-scale investors have struggled to participate in the bitcoin mining ecology,while POC-based mining machines are hardly faced with bitcoin-like The mining machineis constantly updating its iterations so that it is completely eliminated. • “computing power” sharing: BCH is a BTC hard fork chain, so BTC's proprietary miningmachine can also dig BCH, but it can't dig BTC and BCH at the same time, and the POCmechanism can make the hard disk for different chains. The spatial "computing power"data structure is consistent, and these "computing power" can be used to dig assets onthese chains at the same time. I think the value of PoC is under-estimated today, that’s why we want to promote the consensus.
Q8:- What are the competitors of Spock Network? How Spock Network is better than their competitors ?
Ans:-In storage domain, they can be:Filecoin/Storj/Sia/Lambda/Filestorm/Yotta In PoC consensus domain, there are:Burst/BHD/LHD/Boom/Newbi/Disc In PoC+Smart contract domain, there are:Spock/Galaxy Network/BSN/EHD Currently, in a completely decentralized blockchain network, there is no such consensus can distribute the coins as the miners contribute the hard disk and network, all these projects take some trade-off to make that happen except File coin, File coin uses Proof of Replication and Proof of Space-time consensus, that may be an option to solve this problem, but its mainnet has not launched, it would take time to achieve that.The Burst, BHD, and other similar projects only uses PoC consensus to created a mining coin, but the usage and scenario are very limited, it’s not year 2013, you can simply create an alt coin and people will buy it.The PoC consensus needs find some usage and scenario to make the network more solid and strong, the smart contract can be the way. As I listed, all the projects have not launched its mainnet except Spock.
Q9:- How Scalable Spock Network have , How many TPS achieved so far ?
Ans:-Spock has its own advantage about improve TPS, because nodes running in the network has much hard disks and network traffic, basically we can increase the size of block header to increase the TPS, and also we're investigating other ways to improve the TPS.
Q10:- Why the name of Project " SPOCK" . What does it signify about your project?
Ans:-Spock is the leading character of Star Trek, we choose the name to inspire the team to keep exploring the possibility of the blockchain world, sand the slogan of Spock is “live long and prosper”, which is also the hope of the team for the project, nowadays, too many fake mining projects out there, Spock wants to show the honesty and integrity by continually showing the code and improving the project.
Q11:- Followed your whitepaper, Spock has a leaderless PoC protocol, does not use a committee or an authority. How this use for? What benefit does it have for Spock?
Ans:-In the consensus level, there is indeed no such organization can change or control it, just like PoW, when the network needs to upgrade its consensus, the community will join the discussion and the dev team will follow the result of it. That's the spirit of Satoshi and all the early blockchain projects.
Q12:- What is the form of Spock mining? What are the conditions for miner application?
Ans:-To mine spock, you can just use normal computer with several hard dist with plotted files, there are tutorials on thehttps://www.spockchain.org
Q13:- What next technology updating after building a decentralized storage data application network in 2021? Will Spock expand to other areas in long term development?
Ans:-I think after the infrastructure is completed that we will focus on the application ecosystem and adoption of the ecosystem, Spock dev team will continue working on the infrastructure and other scenarios/applications to promote the adoption, I think in a very long time, Spock project will only focus on decentralized storage domain.
Q14:- Does your team have a plan to add DAO module into your project since its its effiency on autonomy, decentralization and transparency?
Ans:-Spock will run DAO mode for autonomy, the Spock team is still working on the details of it.
Q15:- What is the role of Smart Contract in Spock Chain? Does your team have a security system to check the operation of whole project?
Ans:-Smart Contract will be the key feature that distinguish Spock and other projects with PoC consensus, Spock leverages lots of work from Ethereum, so Spock is standing on the shoulders of giants, which potential lower-level security risks can be avoid, and we also have a security team to improve the smart contract, like before you submit your smart contract, there is a service to help to analysis the code to help you avoid some common mistakes.
Q16:- What is Spockchain vision and what's your biggest challenges?
Ans:-Spock is trying to be Ethereum with PoC consensus in a short-term, that goal seems to be very promising as everything goes well so far. Spock’s long-term goal is trying to provide a decentralized storage network for all the internet users, that would be challenging from both technical side and business side.
Q17:- Spockchain looks good but it confuses me that there are so many other Blockchain projects. What should I pay attention in Spockchain to give it the importance it deserves? What are you planning to achieve with your project goal?
Ans:- I think code and time talks, Spock is not a simply ERC-20 token, it’s a mining coin. If you checkout the top 50 projects on CMC, most of them are mining projects, because mining coins are very fair way to distribute the coins. And Spock provides another option for mining, you don’t have to search for low-cost electricity power, you can just set up the mining machines at home to mine the coins. It’s a potential mining way to mine cryptocurrency, if you have mined BTC/ETH, you can have a try about Spock/Burst/BHD, etc.
Q18:- Blockchain projects is not a child play. While creating spok projects, have u for once been discouraged to the extent of wishing to stop since its all about intelligent contract and users poc consensus.
Ans:-Honestly, we do. there is so many hard work to combine the smart contract and poc consensus, but we believe the technology and engineering, and we believe the judgement about the trend of blockchain technology, that's what encourage us to the place we have achieved.
Q19:- How the SpockChain project planning process is ensure? The market needs constant progress of project! How to avoid the spok Project idleness?
Ans:-We're continuously building and expanding the community and miner groups, both online and offline side. currently most miners are from Asia(China mostly),there are only several miners in Europe and US, we do want to spread spok ecosystem across other continents, if anyone in other countries is interested in promoting Spock, please directly contact me!
Q20:- Can anyone run a POC mining and does it require much processing power? Is the cost of POC mining high?
Ans:-Yes, anyone can run a PoC mining, it's electricity power insensitive. the electricity power of each petabytes of a day is only several dolloars, while the cost of a petabytes will be about 30000 dollars.
Q21:- Is POC exploitation cost high? What is it suitable for? What is the number of SPOCK user statistics today? Does SPOCK have a plan to attract users?
Q22:- What is the function of SPOCK? Are there any benefits to SPOCK holders? How do I earn SPOCK?
Ans:-All the smart contract runs on Spock will cost SPOK, and miners want to mine SPOK will need some amount of SPOCK to stake. You can get the Spock on the exchanges that lists Spock, MXC, Coinex, VB, Bihodl, etc. Q23:- So What does SPOCK ecosystem include? What all problems SPOCK will solve in Crypto market? Ans:-Spock is trying to be the Ethereum with PoC consensus, the biggest advantage of PoC consensus is that it saves much electricity than PoW, the “computing power “ is kind of like stored on the hard disk, so the system will be changed to be storage-incentive from computing-incentive., that would change the way of crypto mining, and also Spock introduced the Solidity smart contract in such blockchain system, which make the developers easily migrated their dapps from Ethereum to Spock. Q24:-How Proof of Capacity Consensus works in SPOCK Chain? Ans:-The core function about PoC in Spock is just like the PoC consensuse implementation in Burst project, which is the first project uses PoC consensus since year 2014. In high level, the PoC consensus is an algorithm which preprocessing the hash calculation by plotting the whole hard disk with hash values, when generating a new block, the node will scan the hard disk and find the most proper "answer" in the disks and submit to the network, the node submitted the most proper answer will get the mining reward. Q25:-How Spock and other storage platform i.e. Google drive are different and what benefits you have over them? Ans:-Basically Spock and Google drive is totally different, as Spock today only stores consensus data. I’d like to talk about the overall differences between decentralized storage and centralized storage services. Traditional centralized storage platforms generally use cloud storage. Most of the data is stored on a few cloud platforms, which leads to data accumulation and serious centralization problems. There are also problems including higher cost, slower transfer rate, and lower data security. The decentralized storage application platform encrypts and distributes data through a distributed network, meaning that no data other than the data owner can access the data, ensuring security. And another core feature is the protection of private data, the open decentralized platform can do better, just like the assets of the cryptocurrency, the ownership of the assets represented by the private key, in the decentralized storage platform The private key can represent the disposition and access rights of the data. Q26:-What do you think is the biggest problem Spock Network will solve which is not solved by other projects yet and why is the problem important to solve?I mean how unique SPOCK Network have?What are the Real world use-cases & utility of SPOK ? Ans:-1. I think there are so much projects uses PoC consensus, but all of them are lack of economy, with smart contract feature, Spock will be the first public blockchain support Solidity smart contract and with lower energy cost for running. 2. First of all, the usage of the smart contract will cost SPOK , and the mining policy makes miners need to stake SPOK to mine. and other industry is trying to looking for the adoption of Spock as it's a storage network with smart contract, there is very much possibility we can explore. Q27:-Will the mining on SPOCK CHAIN Platform Profitablein bear Market? In which form will the output of Mining? Ans:-The PoC mining is the most anti-bear-marketing mining way I think, you know when BTC comes to 15000$, Bitmain miners S9’s price goes to 4000$, this year, when the BTC prices comes to 3000$, S9’s price is less than 100$. Miners takes all the risk for the price going down, because the manufactory of BTC/BCH miner machines are limited and united. While the miner machines of PoC consensus does not have that problem, because the supplyment of hard disk is very sufficient, and the price is very stable. Q28:- Why does Spockchain use POC and not POW or POS? Are there advantages of POC compared to POW and POS? There are many projects using POC such as: BHD, BSN, .... Is Spockchain different from these projects? Ans:-1. The main issue of PoW is that it’s energy waste and it limits the miners nowadays, people basically cannot mine any PoW coins at home, they have to buy equipments and send them to some place with lower-cost electricity power which makes difficulty to ordinary people. The biggest advantage of PoC is that it save tremendous money on electricity power. The PoS basically cost nothing to generate new coins, I think it would also be problem for the price, as people get the coins so easy, they may not value it. 2.I have a list about PoC coins (the list is growing..) I do want to share some opinion about all these PoC projects including Spock. I categorized the projects into two: PoC consensus only:Burst/BHD/LHD/DISC/Boom/Newbi/Lava PoC consensus + Smart Contract:Spock/BSN/Galaxy Network/EHD For the projects in first list, these projects only talks about consensus and coins, but lack of usage and scenarios. For the second lines, please check out and compare all the projects, none of them have launched the mainnet except SPOCK, while those projects started to mine with ERC-20 tokens. I think the chanlledge is lack of acknowledge of Proof of Capacity consensus all over the world, the PoC introduce a new way to mine cryptocurrency, currently, Spock has a lot of miners in China, but not much in other places, spreading the consensus takes time.I think code/products shows hoesty and integrity, we have lots of plan to develop the network, while so many projects with similar ideas still runs on ERC-20, with time goes by, people will distinguish that. Q29:- Currently, what are risks affecting the Spockchain project? In order to develop project in long term and attract investors, which method do you use to manage, minimize the negative impact of risks? I mean that, what are the risks and how do you deal with them? Ans:-do you mean cheat when mining? First of all, you cannot have fundamental issue on the consensus basis, thenif there is some way for smart miners to cheat to gain more rewards, we can update the full node program which can prevent the cheat. I think if that happen, community will support us to update the nodes in the network. Q30:- How can a cryptocurrency mining algorithm be detected and prevented? What makes them so difficult to detect? Ans:-According to the stats, 2016-2018, the supply of hard disk is1.2billion, if we count as average capacity 4T, which is 48,000,000P,while currenlty the largest network with PoC consensus is BHD, which has capacity at about only 1500P.
Bitcoin, dogecoin. How I tried to make my fortune in 2014 with the sweat of my computer.
https://preview.redd.it/mv21lvsa3do31.jpg?width=1280&format=pjpg&auto=webp&s=51bf5296a06eedc178079cf0b3ab4c3cfc44f271 Make money just by working on your computer: the rise of electronic currencies, in the wake of bitcoin, can be a little dream, especially in times of crisis. We tried the experiment. Wealth at your fingertips? Not for everybody. Reading time: 6 min. We have known at least since March 2013, with the soaring Bitcoin (BTC) price during the closing of Cypriot banks: electronic currencies, it has not much virtual. Since the creation of the enigmatic Satoshi Nakamoto serves as a safe haven, a playground for speculators, interests the States and even makes it possible to pay for his trip to the space where his beer, bigger world would dare to pretend that it only serves to buy prohibited substances on SilkRoad - if it ever was. At the end of November, James Howells was mocked a lot, this Brit, caught in a household frenzy, inadvertently threw a hard disk containing 7,500 bitcoins, the equivalent of 4.8 million euros. A small fortune now lost in the depths of the Docksway dump near Newport. Nevertheless, before causing the consternation of the global Internet, Jamie still had the nose to undermine the BTC at a time when the experience mobilized a handful of hardcore geeks. Since the rise (sawtooth) bitcoin, each unit currently weighs more than 800 dollars, nearly thirty cryptocurrencies have emerged. Is it possible, this year again, to let this promising, volatile and risky train pass, or to fall into
Choose your electronic motto.
All are based on the same principle: to summarize (very) big features , the issuance of money is governed by an algorithm, and the new corners put in circulation reward the resolution, by participants in a network of peer and mathematical problems, including the validation and archiving of transactions, which are public . Mining a cryptocurrency is like putting the computing power of your computer in the service of the network.
Since the program is decreasing , the mining becomes more and more difficult with time (and with the increase of the number of participants): to hope to make his pelote via the only computational activity, one must either have to at its disposal a large fleet of machines, to be a miner from the first hour. Exit the bitcoin, long since out of the reach of a personal computer.
I similarly gave up the litecoin and peercoin, already well launched (they date respectively 2011 and 2012), to set my heart on one of the most recent currencies - and certainly the hippest of the moment: the dogecoin.
As its name suggests, the cryptocurrency favorite Shiba Inus from around the world is a tribute to the Doge, one of the most famous memes of 2013, with its captions in Comic Sans, the font most sorry for the web. A geek joke, therefore, except that - the unfathomable mysteries of the Internet - its value jumped 900% in the third week of December, and she suffered a Christmas robbery online.
Admittedly, at the time when these lines are written, the dogecoin caps at 0.00023 dollars  - its quite ridiculous (and quite depressing), but even if you bet on the future, so much to go frankly.
2. The hands in the engine the billboard.
From there, things get tough (a little). Installing an electronic purse on ones computer is not very complicated (the software is available for Windows, MacOS, Android or, for the more adventurous, on a repository to compile under Linux). It is also possible to use an online wallet, but it is more risky (except, perhaps, when one is called James Howells). When opened for the first time, the purse automatically synchronizes with the Dogecoin network (be careful, it can be long), which gives you a payment address (we can generate more later).
The two most common ways to undermine electronic money are to use the computing power of the computers microprocessor (CPU) or, more efficiently, that of the graphics card processor (GPU). In the first case, the program is simple to install; in the second, it is necessary to choose the most adapted to its material . There are, thankfully, a lot of online tutorials. Still, to operate the corner board requires in all cases to trade the comfort of the GUI for aridity, so confusing to the layman, command lines - we have nothing for nothing.
Finally, at work alone, we prefer collaboration. Mining is best done in groups, or rather in pool: it distributes the gains, of course, but also the difficulty. For the dogecoin as for all the crypto-currencies, the pools are numerous. A quick tour of a dedicated section of the Reddit community site can help you make your choice.
3. Extension of the field of struggle.
And after? After, we can rest, since it is the machine that works. But the truth of a cryptocurrency - even at the exceptionally high LOL and LOL rates of the Shiba Inu - is cruel and brutal: not all computers are equal. Or rather, some are more equal than others. For while you heat your CPU or your graphics card to grapple some unfortunate corners, others will sweep the game thanks to specialized integrated circuits, computing capabilities much higher.
If the game of buying and reselling corners is basically just another stock exchange mechanism, less the intervention of the central banks - what is at stake, and the big political question they ask: are we certain to prefer speculation pure and perfect to monetary policies, however questionable they may be? -, production, it is the law of the strongest (in calculation). There are even lethal weapons at $ 10,000 each, with which your processors are like mosquitoes in front of an A bomb.
And if you think it does not matter because after all, it does not cost you anything, think again: the components, like humans, wear out faster when they work at full speed, and the bill of electricity can quickly grow. The profitability of the case is anything but certain, as evidenced by the results of online calculators. (Needless to say, our laughing dogecoin does not stand up to this kind of simulation.)
Much more boring, from a collective point of view: the carbon footprint, current and above all expected, of electronic currencies worries more and more. Last spring, Bloomberg estimated that the energy consumption of the Bitcoin network was equivalent to that of 31,000 US households. Not sure, according to the site, that their emission is less damaging to the environment than have been some physical currencies.
For exciting to analyze that is the emergence of cryptocurrencies, it is better to ask now about their cost, economic and ecological. To see it as a potential source of income, except for being a very early adopter with a hollow nose, an individual with a lot of computational capital or a clever trader, you have to make a point.
If the recurrent comparison with the famous Ponzi pyramid  is discussed (after all, the decentralized currencies do not make promises), remains that, as long as the value does not collapse, the system benefits mainly to the first entrants - except James Howells.
As the Bitcoin.fr site aptly states: all this is just an experiment, invest only the time and money you can afford to lose. LOLs love was not a worse reason than another to experiment, so I finally submitted my laptop to four days and three nights of intense activity, which makes me happy. owner of a good half a thousand dogecoins. Either the equivalent of 0.115 dollar, or 0.08 euro. It is obviously not worth the electricity consumed to generate them, it increases my carbon footprint, but it amuses my entourage. But laughter is, as everyone knows, a safe bet in times of crisis, less volatile than a real bitcoin.
And then, after all, you never know.
1. For explanations more provided (the case is quite complex), refer, for example, to the series of very detailed notes devoted to blogger Turblog.
2. And as such, searchable by everyone. It is the identity of the users that is not known, unless they reveal it, hence the reputation of anonymity (relative, therefore) cryptocurrencies.
3. In the case of bitcoin, the maximum of 21 million units should be reached around 2140.
4. For a day-to-day follow-up, see the CoinMarketCap site which lists the exchange rates of crypto-currencies, based on the dollar value of bitcoin.
5. We discover then, unfortunately, that some graphics cards do not allow the mining. This is the case for the author of these lines, reduced to working in conditions of extreme computer deprivation.
6. Comparison which is at the heart of a hilarious note on the ponzicoin, signed by the economic journalist Matthew OBrien, on The Atlantic (to read if you intend seriously to invest in the dogecoin).
09-22 08:53 - 'How To make Transaction Into Dogecoin Wallet | Dogecoin Payment Recive |...' (self.Bitcoin) by /u/soft-tech removed from /r/Bitcoin within 0-8min
''' How To make Transaction Into Dogecoin Wallet | Dogecoin Payment Recive | SOFT TECH FAROOQ #Dogecoin #doge #exchange #mining Dogecoin is a cryptocurrency featuring a likeness of the Shiba Inu dog from the "Doge" Internet meme as its logo. In this video i telling you history of dogecoin. Introduced as a "joke currency" on 6 December 2013, Dogecoin quickly developed its own online community and reached a capitalization of US $60 million in January 2014. How does Dogecoin work. Like Bitcoin mining, Dogecoin uses proof of work which makes mining a costly process in terms of both time and energy. In order to send Dogecoins, transactions must be included in a blocks. The miners check incoming transactions against previous transactions on the blockchain. Dogecoin is used with a wallet on your computer, your smartphone, or a website. we are not professional financial advisors and you should always do your own research. ... This channel is all about cryptocurrencies and the blockchain also window software, window issues, unboxing and many more so like our video and Subscribe and Hit that Bell Notification for all the Latest Videos. Social Media 👨👩🦱👨👨👩🦱👨 Community 👨👩🦱👨👨👩🦱👨 Links ☛ Bloges : [[link]16 ☛ Twitter : [[link]17 ☛ Reddit : [[link]18 ☛ Tumblr : [[link]19 👇👇👇👇 Videos Links Below 👇👇👇👇 Private Key Finder In Dogecoin Core Wallet | Find Private Key | SOFT TACH FAROOQ [[link]20 How To Start Using Bitcoin Five Easy Steps | Bitcoin Secure Wallet | TECH SOFT | FAROOQ AHMED [[link]21 How Bitcoin Transaction Are Verified | BTC Confirmed Transastion | SOFT TECH | FAROOQ AHMED [[link]22 BTC Paper Wallet | How To Make Bitcoin Paper Wallet | SOFT TECH | FAROOQ AHMED [[link]23 BITCOIN TRANSACTION FEES EXPLAINED | FULLY & SIMPLE | SOFT TECH | FAROOQ AHMED [[link]24 How To Secure Bitcoin From Scammer and Hacker in Hindi | Keep Your Cryptocurrency Saf | FAROOQ AHMED | SOFT TECH [[link]25 Bitcoin private key finder In Bitcoin Core Wallet | Find Private Key | FAROOQ AHMED | SOFT TACH [[link]26 How To Encrypt Bitcoin Core Wallet | BTC Encrypt wallet at Bicoin Core | FAROOQ AHMED | SOFT TECH [[link]27 How To Restore BTC Wallet in Bitcoin Core | Bitcoin Core Wallet Tutorial | SOFT TECH | FAROOQ AHMED [[link]28 BTC transaction in bitcoin core | Bitcoin Core Wallet Tutorials | SOFT TECH | FAROOQ AHMED [[link]29 Bitcoin Private Key Import | How Bitcoin Private Import | SOFT TECH | FAROOQ AHMED [[link]30 ''' How To make Transaction Into Dogecoin Wallet | Dogecoin Payment Recive |... Go1dfish undelete link unreddit undelete link Author: soft-tech 1: ci*yfoo*sec**ts.bl*gsp*t*com 2: *witt***com*S**TTEC02153284 3: www.r**dit.co***se*oft-tec* 4: www.tumblr.co*/***g*sof*-te*h 5: you*u.be*u*7YDeHV*E* 6: yo*tu.be*A*N*KPMoV*M 7: yo*tu.*e/dFq**dFm*fs 8: youtu**e/PrO*7EC*BE* 9: youtu*be/o**K_h*V*Ik 10: youtu*be*OC1*WD**H6o 11: y*utu*be/fJ*Ib1*tD*M 12: yo*tu.be*gx*lrM*FGs* 13: you*u.be/F**Lo2*zpB* 14: yout*.be*eU*Q*qOJ*m8 15: y*ut*.be/M1*5XS7*Q*A 16: cityf*od**crets*bl**spot.c*m*^^1 17: tw*tter*co**SOFT*EC*21532*4]^^* 18: **w.reddit.c**/*se*o*t-tech*^^3 19: www**umbl*.c*m/blog/**ft-t*ch*^^4 20: y**tu.be*uf7*DeHVxEA**^5 21: youtu*be**T*2KPMoV**]^^6 22: *outu.*e/*Fq*r*FmMfs*^^7 23: *o*t*.*e/PrO*7ECMBEs*^^8 24: **utu*be/oY*K\_hQVzIk]^** 25: yo*tu.*e*OC16WD*mH*o]^*10 26: y*utu.*e/*JYIb1*tDxM**^11 27: yout*.be/**4l*M3*GsY]^*12 28: y*utu*be/*Fz*o26*pBs*^^13 29: *ou*u.be/*U-QWqOJt*8]^**4 30: yo**u**e/M1*5X*7AQCA]^^15 Unknown links are censored to prevent spreading illicit content.
how to shibecoin v rich in minutes much instruct so simple any doge can do
UPDATE 1/21/14: I'm not updating this guide anymore. Most of the steps should still work though. See the wiki or check the sidebar for updated instructions. Before you do anything else, you need to get a wallet. Until there's a secure online wallet, this means you need to download the dogecoin client. Now open the client you just downloaded. You'll be given a default address automatically, and it should connect to peers and start downloading the dogechain (aka blockchain in formal speak). You'll know because there will be a progress bar at the bottom and at the lower right there should be a signal strength icon (TODO: add screenshots). If you've waited 2 or 3 minutes and nothing is happening, copy this:
And paste it into a new text file called dogecoin.conf, which you then place into the dogecoin app directory.
On Windows this is C:\Users\[YOUR_USER]\AppData\Roaming\DogeCoin
On Macs it's ~/Library/Application Support/DogeCoin
Now restart your qt client and the blockchain should start downloading in about 1-2 minutes. Once it finished downloading, you're ready to send and receive Dogecoins!
Decide how you want to get Dogecoin. Your options are:
I'll go into detail about each of these. I'm currently writing this out. I'll make edits as I add sections. Suggestions are welcome.
Mining is how new dogecoins are created. If you're new to crypto currencies, read this. To mine (also called "digging"), a computer with a decent GPU (graphics card) is recommended. You can also mine with your CPU, but it's not as efficient.
These instructions cover only Windows for now. To mine, you'll need to figure out what GPU you have. It'll be either AMD/ATI or Nvidia. The setup for both is approximately the same.
Step One: Choose a pool
There's a list of pools on the wiki. For now it doesn't really matter which one you choose. You can easily switch later. NOTE: Youcanmineintwoways.Solominingiswhereyouminebyyourself.Whenyoufindablockyougetallthereward.Poolminingiswhenyouteamupwithotherminerstoworkonthesameblocktogether.Thismakesitmorelikelythatyou'llfindablock,butyouwon'tgetallofit,you'llhavetosplititupwithothersaccordingtoyourshareofthework.Poolminingisrecommendedbecauseitgivesyoufrequentpayouts,becauseyoufindmoreblocks.Thelargerthepoolyoujoin,themorefrequentthepayouts,butthesmallertherewardyouget. Overalongperiodoftimethedifferencebetweenpoolandsolomininggoesaway,butifyousolomineitmightbemonthsbeforeyougetanycoins.
Step two: Set up pool account
The pool you chose should have a getting started page. Read it and follow the instructions. Instructions vary but the general idea is:
Create an account
Create a worker under the account
Grab the mining URL (usually on the getting started page)
Setup your cash out options in your account settings by entering one of your wallet's receiving addresses
When you're done with this, you'll need to know:
Your account, worker name, and worker password
The mining (stratum) URL (usually the pool's URL followed by a port)
Step three: Download mining software
For best performance you'll need the right mining software.
Create a text file in the same folder as your miner application. Inside, put the command you'll be running (remove brackets). For AMD it's cgminer.exe --scrypt -o stratum+tcp://: -u -p For Nvidia it's cudaminer.exe -o stratum+tcp://: -O : Substitute the right stuff in for the placeholders. Then on the next line of the text file type pause. This will let you see any errors that you get. Then save the file with any name you want, as long as the file extension is .bat. For example mine_serverName.bat.
Step five: Launch your miner
Just open the .bat file and a command line window should pop up, letting you know that the miner is starting. Once it starts, it should print out your hash rate. If you now go to the pool website, the dashboard should start showing your hashrate. At first it'll be lower than what it says in the miner, but that's because the dashboard is taking a 5 minute average. It'll catch up soon enough. NOTE: Anormalhashrateisbetween50Kh/suptoeven1Mh/sdependingonyourGPU.
You're now mining Dogecoins
That's it, nothing more to it.
CPU mining isn't really recommended, because you'll be spending a lot on more on power than you'd make from mining Dogecoin. You could better spend that money on buying Dogecoin by trading. But if you have free electricity and want to try it out, check out this informative forum post.
Trading has been difficult so far, but Dogecoin just got added to a few new exchanges. If you don't have a giant mining rig, this is probably the best way to get 100k or more dogecoins at the moment. I'll write up a more complete guide, but for now check out these sites:
Faucets are sites that give out free coins. Usually a site will give out somewhere between 1 and 100 Dogecoin. Every site has its own time limits, but usually you can only receive coins once every few hours, or in some cases, days. It's a great way to get started. All you do is copy your address from the receive section of your wallet and enter it on some faucet sites. Check out /dogecoinfaucets for more. If you go to each site on there you might end up with a couple hundred Dogecoin!
This method is pretty straightforward. Post your receiving address, and ask for some coins. Such poor shibe. The only catch is, don't do it here! Please go to /dogecoinbeg.
Other redditors can give you Dogecoin by summoning the tip bot, something like this: +dogetipbot 5 doge This might happen if you make a good post, or someone just wants to give out some coins. Once you receive a tip you have to accept it in a few days or else it'll get returned. Do this by following the instructions on the message you receive in your inbox. You reply to the bot with "+accept". Commands go in the message body. Once you do that, the bot will create a tipping address for you, and you can use the links in the message you receive to see your info, withdraw coins to your dogecoin-qt wallet, see your history, and a bunch of other stuff. As a bonus, so_doge_tip has a feature where you can get some Dogecoins to start with in exchange for how much karma you have. To do this, send the message "+redeem DOGE" to so_doge_tip. You'll need to create a tipping account if you don't have one. If you want to create a tipping account without ever being tipped first, message either of the bots with "+register" and an address will be created for you.
1/21/14 - Added note about this thread no longer being updated
1/21/14 - Changed wallet links to official site
12/27/13 - Added 1.3 wallet-qt links
12/21/13 - Added new windows 1.2 wallet link
12/20/13 - Fixed +redeem text
12/18/13 - Added short blurb on trading.
12/18/13 - Updated cudaminer to new version (cudaminer-2013-12-18.zip).
There are so many things I want to say about LoMoCoin/LoMoStar that I'm not sure if I'll be able to cover everything in one post.. Well, unless you want to read 20 pages.. Let's just see where this article takes us and go from there.. In order to understand why LoMoCoin is undervalued you must understand the market it's targeting.. In fact this is a difficult post to write because there is so much to cover, but I will do my best.. 'Incentivized shopping' is a big deal in Asia.. In China, if you wanted a coupon for Burger King you simply open WeChat, follow burger king and within seconds you have access to coupons. This has been so ingrained in society that nearly every reputable business now has a WeChat account. On top of that, many businesses offer VIP cards or VIP memberships which gives you additional deals on your future visits.. When it comes to offline shopping, the creative battle to get people in the door is becoming ever more prevalent. To see how LoMoCoin plays in the big picture we'll start with explaining the LoMoCoin (LMC) Blockchain and then we will follow up with the primary application, LoMoStar (the star of the show). In the end I hope those who read this can understand the scale of this project and don't under-estimate what we're dealing with here. In my opinion this asset has been undervalued for far too long and I believe its presence will be well known in the future. About LoMoCoin (LMC)
"The built-in LoMoCoin (LMC) of LoMoStar is similar to Bitcoin, which is a cryptocurrency with real value based on our own blockchain technology. Compared with traditional cryptocurrencies, LMC inherits the advantages of the related currencies which includes that the total amount is limited and cannot be over-issued."
LoMoCoin is it's own blockchain and the consensus mechanism is Proof of Stake (PoS). Instead of a fixed interest rate like most currencies, LMC uses the coin age as a means to take part in the consensus process. The LMC blockchain supports cold staking. Functions such as a single private key address and multi-sig address are supported. It is also mentioned in the whitepaper that smart contracts will be integrated in the near future. Now I know this stuff may sound like technical mumbo jumbo to you, but its important to know and well get to the more exciting stuff soon here.. In the meantime let's look at the LMC Blockchain. The LMC Blockchain The LoMoCoin (LMC) blockchain can be divided into 5 levels from a technical point of view.. (See whitepaper for full details.)
Data layer - The cryptography, Merkle Tree, and distributed ledger technology.
Network layer - LMC uses a p2p protocal, which is also the basis of the decentralization of the LMC blockchain.
Consensus layer - Proof of Stake (PoS) to reduce energy consumption.
Incentive layer - Calculating interest depending on number of tokens staked.
Application layer - The main application of the LMC application layer is LoMoStar. A number of applications based on smart contracts, such as virtual games and micro-asset-backed securitization (mini ABS), will also be introduced and encouraged.
So think of it like LoMoCoin is the decentralized framework for the LoMoStar ecosystem.. (LoMoCoin was rebranded to LoMoStar in v2.0) So now that we have covered the technical details of LoMoCoin (LMC) let's take a look at the LoMoStar app.. What is LoMoStar? LoMoStar is the main primary application built on the LMC blockchain (available on Android and iOS). When your talking about LoMoStar it's more then just getting discounts at local shops and collecting crypto on a map.. LoMoStar is a vast social ecosystem that evolves around people-to-people, people-to-asset, and people-to-organization (and vice versa). The vision set forward by the CEO 'Xiong Lijian' has been overlooked by nearly every investor.. (I say nearly because there's only a handful of people who actually research with an optimistic outlook on blockchain technology long term..) So before I begin, I would like to applaud the CEO Xiong Lijian for taking on a massive project which I believe will turn many people's dreams into a reality. LoMoStar - Social Events Platform with Cryptocurrency
"LoMoStar will integrate ones geographical position with its virtual environment and will use cryptocurrencies as its social medium to introduce new forms of relationships with one another. Also, by allowing for global (group) interactions, LoMoStar will facilitate international social relationships. In addition, people can develop business relationships at LoMoStar to enhance the influence of individuals, increase brand awareness, and/or improve business development."
For example, in the LoMoStar app, I can geographically drop a red envelope that contains any cryptocurrency. Before I drop red envelopes I could include an image and a short message. Anyone who opens this red envelope will be rewarded with cryptocurrency and will automatically join my group. (You can quit a group after 48 hours). Red Envelopes
"Airdrops of red envelopes, which contain cryptocurrencies, can be organized at certain geographical locations that have a sufficient density of users, for instance cities or popular public locations. Additionally, automated trading between users and investment opportunities will become available and people can use LoMoStar to perform many social related activities, such as marketing activities, group-related activities, organizing events, participating in treasure hunts, digital investments, and more. All these features enable LoMoStar to become a unique social and economic platform. The establishment of these social relationships and global interactions can fulfill both individual, group and corporate interests and desires, forming a win-win or multi-win situation."
For example, let's say there is a sporting event like the Super Bowl where a large gathering of people will attend. A corporation could Airdrop red envelopes specifically to this geographical location for sports fans to pick up. Or let's say a local festival wants more attendance they can arrange an airdrop at the festivals location. You can pretty much target any area that contains a sufficient density of users.
Users can add personalized design elements to red envelopes to target the specific interests of the group.
Users can select any supported cryptocurrency to send/drop using red envelopes.
Users can grow their fan base and enhance their influence by continuously launching new and exciting red envelopes.
Offer special discounts and promotions that can only be found through red envelopes.
Airdrop red envelopes in a geographical location of high density.
Take part in a hidden treasure hunt looking for red envelopes.
Users will use their own ingenuity to create new forms of social entertainment. (As outlined below in the whitepaper)
A birthday party invitation can be airdropped to a doorstep.
A welcome gift could be left at the airport for an out-of-town visitor.
A breadcrumb trail of red envelopes can be left along the Great Wall of China for people to follow.
You can mark all your favorite restaurants geographically with a red envelope.
Whole networks of virtual relationships can be called into real-world action.
By specifying areas, people, functionality and other conditions, users can invest various new and interesting ways to develop social relationships with one another.
Peer-to-peer Cryptocurrency Trading
" LoMoStar supports using any cryptocurrency to conduct trading, whether it is for physical goods, services or digital assets. LoMoStars underlying technology will therefore enable peer-to-peer trading with one another."
The plan is to support any cryptocurrency to exchange for physical goods, services or digital assets. (LoMoStar hand selects and reviews each supported coin.) In addition LoMoStar allows messaging between users and groups with the ability to send/drop red envelopes. Digital assets based on Location-based System (LBS)
"Through LoMoStar, people can also invest in many real-world businesses on certain geographical locations, such as retail, real estate, attractions, and more. LoMoStar will allow users to utilize cryptocurrency for investing in retail, real estate, attractions and other various immovable properties in order to gain profits."
This is a very ambitious vision and I like it... The thought of being able to invest in real-world businesses and assets using crypto is music to my ears. Let's look into this a little more and highlight some things from the whitepaper..
"By connecting users to each other in the virtual world and then to assets in the real world, LoMoStar creates a novel setting where unpredictable social and economic relationships can spontaneously flourish within user-created scenarios. This will promote the use of cryptocurrencies in the real world and allow completely new ecological models and scenarios to emerge."
Here is an example noted from the white paper.
"Taking the vending machines as an example, which is one of the most common automatic trading devices, the holder can divide the income rights of a predetermined period and then launch the installation address of the device on the LoMoStar map. The (1) the product service description, (2) investment price of the income rights after division, (3) income distribution overview, and (4) other related information will then also be given. There are other types of devices that work similarly as a vending machine (e.g. self- service photo machine, self-service massage chair, and/or a doll machine) that can be used as a similar example. If LoMoStar users are interested, they can use cryptocurrency to invest and purchase the rights of these devices on the virtual map and thereby allow the possibility to generate an income from their (virtual) investments."
So now you can see, LoMoStar is not 'Just a game where you pick up cryptocurrency on a map'. LoMoStar aims to promote the use of cryptocurrency in the real world by acting as a bridge connecting the two worlds - ultimately revealing the true value of cryptocurrency. Functional Level of LoMoStar
Payment transaction function - Users can make use of various cryptocurrencies in order to invest in assets.
Red envelope function of cryptocurrency - One of the most important functions of the application. Red envelopes with cryptocurrencies creates a new social landscape to be explored.
LBS Geographic location components - A lot of LoMoStar is based on one's location. Scenarios such as regional red envelopes and location based advertising can be made available.
Cryptocurrency wallet - Because most interactions involve cryptocurrency, the use of a wallet is necessary.
Group function - Group holder can invite others to join their group. Users can then drop red envelopes and communicate in this group.
Cryptocurrency marketing - Businesses can make use of red envelopes with cryptocurrency inside of them as a new way to promote their brands and increase sales.
More functions in development.
"LoMoStar will also allow ICO's to integrate new blockchain projects. Only cryptocurrencies and projects with high investment value will be made available to our users."
Construction of the LoMoStar ecology.
Completed : The foundation has been laid by connecting the global cryptocurrency framework.
Expand the financing of blockchain enterprises with mainstream participation.
Integrate the boundary between the real world and the virtual world using the O2O marketing model. (Offline-to-Online marketing)
Expansion of Smart Contracts.
Integration with the Internet of Things. (IoT)
Integration of "Big Data".
"LoMoStar aims to integrate the physical world and the virtual world through the blockchain. The physical world lacks channels for democracy while the virtual blockchain world lacks social innovation. The goal is to bring these two worlds together."
The LoMoStar Team When we look at the team, it is truly an impressive force that delivers results. Building a new social ecosystem requires engineers in all fronts. From developing blockchain technology to F5 Lab to the LoMoStar app for android and ios. Let's also not forget xStar.io the Digital Assets Exchange aimed to strengthen the LoMoStar ecosystem. The team is building all the essential components needed to improve asset liquidity and long-term asset stability.. the bottom line here is.. the team is quite large and well organized. Last year in an interview with the LoMoStar CEO Xiong Lijian, he mentioned they had more than 30 people on the team.
"LoMoCoin’s core team has been working together since 2013 and has experienced the mining and trading of Bitcoin and Litecoin in the early days. We are also one of the first teams in China that begun R&D application and development of blockchain technology. At present, there are more than 30 people in our team and we have started to recruit talents all around the globe with the ability to settle in various countries and regions to jointly promote and help develop LoMoCoin."
Today they now have over 70 employees (so I hear) and are expecting to exceed 100 employees in the near future. Now since we are looking at the team, let's take a look at a few questions and answers from some interviews. (Interview links are posted in references.) Interview Q&A from Xiong Lijian (CEO) / Taoji Zou (Chief Marketing Officer) What kind of advantages will LMC have within the application in comparison to BTC/ETH/LTC, etc.? This is still unclear.
This can, for instance, be when ICO projects are promoted and only LMC holders will be able to participate. More than 10 projects have recently already discovered the value of LoMoStar and hope to promote and even accept LMC as an investment. We choose projects very selectively and they are still under review.
Can you tell us how XStar will help with the growth of LMC?
XStar is a trading platform that I and some other friends in the Chinese community have set up, not only to provide liquidity to LMC, but also because we are optimistic about the future of the blockchain industry. LoMoStar and XStar will be mutually reinforcing each other. Moreover, XStar is a trading platform that will provide a different and larger trading experience, which is not exactly the same as that of LoMoStar. This is what we have discovered in the Chinese market. Also, from a perspective of marketing theory, different needs of user groups can be mutually relocated. Therefore, LoMoStar and XStar may adopt different approaches and strategies when they are promoted in various countries. In any case, if LoMoStar first enters a country, it can help XStar; if XStar first enters a country, likewise, it can in turn help LoMoStar.
Do you think your marketing budget is enough to cover all your future plans (e.g. exchange costs, hiring foreign specialists etc.)?
Our company has a healthy financial position and we are fairly certain that it is enough to support our marketing efforts. We will also use our budget to participate in conferences and events all around the globe.
Are you going to integrate Augmented Reality (AR) features? And if so, does the current app functionality allow for it?
We have a well connected partner that we have a good relationship with, as their founder used to develop mining machines with our CEO. This enterprise is experienced in developing chips and advanced AR techniques. In the future, sooner or later, AR will be adopted in any location-based system (LBS) application. Inside our firm we are always talking about AR and we believe that when the AR techniques and implementation possibilities get improved we will certainly adopt it in LoMoStar.
How will you protect LoMoCoin (LMC) investors and increase the interest of using LMC inside of the app, since you have also added other currencies such as Ethereum and Bitcoin?
A key feature of a currency is security and liquidity, which will also affect LMC. We will add more digital currencies in the future. Global users and transaction volume will be increased this way. Additionally, when you run a club and have a lot of guests invited. There will be social demand for every guest. Nevertheless, you as the host will almost always get prioritized in the long-term by all of these guests.
Can you tell us about the F5 lab? How many full-time employees are there? Is it a subsidary of LoMoStar or is it an independent research lab? What are they working on now?
F5 Labs is a professional technology collaboration, and the technology we develop and share inside is more ‘professional’ and complex than that of the general programmer community. It will be focusing on B2B relationship initially.
How will you ensure exclusivity for LMC within the LoMoStar app? What will ensure the app will use LMC?
There is no doubt that many exclusive features will be implemented in the future within the app where you must use LoMoCoin to complete.
How will iBeacon/IoT be implemented? Will it be implemented onto the LMC chain?
We are very interested and involved in the development of the Internet of Things. Our CEO next week will also visit the Lenovo Group training session as they are looking for solutions that is combining blockchain technology and the Internet of Things. I think everyone may have heard of the Lenovo Group, they acquired IBM personal computer business in the past.
What is your future plan to attract more investments?
From the scope of my responsibility, I am more concerned about the ecological construction of LoMoStar. Overall when it comes to marketing, it is something that money can solve. Moreover, we have always kept in touch with prominent exchanges and we have made some progress here. We will inform you when we are able to confirm more.
Well I guess that turned out to be a long article! Remember you should always do your own research and come up with your own assessment before investing. There is a lot more information available in the links below. I am just giving you my personal insight on LoMoStar (LMC) and why I feel this is one of the largest and most undervalued blockchain projects in China. Remember, everything you invest in should be for the long-term and patience is key. Regards, BTC2018 Useful Links:
Using LoMoStar You can download LoMoStar for Android at the Google Play store and it's also available for iOS. After you register and login, you can begin opening red envelopes and collecting cryptocurrency. Members who complete the AML/KYC verification can send/drop red envelopes in the ecosystem. When you open a red envelope it will use 1 vitality point. (You will earn 1 vitality every 2 hours) Given there are a bunch of red envelopes to open (but not enough vitality) you can spend Diamonds to open the red envelope containing the largest reward. (Diamonds can be purchased from the shop) The geographical map at the time of writing is under maintenance. It's very easy to get the latest news using the LoMoStar app. Simply click on Messages > System Announcements to get the latest news about the LoMoStar ecosystem. Remember no matter what I post or what I say, you should always do your own research, come up with your own assessment and talk with your financial adviser before making any investment decisions.
Bitstamp will not process withdrawal unless you prove the source of every coin you've ever traded on their exchange.
Just wanted to make users fully aware that Bitstamp may refuse to process withdrawals unless you go provide intrusive and personal information. Background: My account is fully verified. I traded regularly in 2013 buy haven't made a trade since December. I purchased $2500 worth earlier this week through a different exchange and sold on bitstamp after the quick price rise. After requesting with withdrawal, here is what happened: We have received your withdrawal request. As your withdrawal request met some of our volume and frequency thresholds, we will have to kindly ask you to help us better understand the nature of your relationship with Bitstamp. In order to do so, we require that an additional KYC (know your customer) procedure is completed before we can proceed with the processing of your transfer. We kindly ask you to send us a high resolution image of both pages of your international passport and answer the following KYC questionnaire: 1. How did you learn about Bitcoin? 2. The purpose of trading on Bitstamp? Please describe in as much detail as possible how you intend to use your trading account. 3. What is the origin of the deposited Bitcoins? If mining, please specify your hardware specifications and submit a receipt or an invoice for your mining equipment. 4. What are your future plans and activities planned on our exchange? 5. Do you plan more withdrawals in the future? 6. Which bank do you intend to use? Please provide the complete address and SWIFT code. 7. Estimated amount that you would be depositing/withdrawing to/from your Bitstamp account per month (in USD and BTC)? We kindly ask you to submit your answers and documents in a reply to this ticket. OK fine, here are the details and my passport (already verified with driver's license and had swift code already entered). They required that I prove where the coins came from that I sold. I provided the receipt from the exchange. Here is what they came back with. Thank you for your reply. Please note that the provided information is for only 5 BTC while you have deposited to and sold on Bitstamp more than xxx bitcoins. We kindly ask you to send us a signed message of your personal, most used wallet so we can establish the veracity of your statements. The "Sign Message" feature is an advanced functionality of the Bitcoin client which allows you to sign arbitrary messages to prove to somebody that you are (were) in control of the funds of some Bitcoin address. Since the exact way how to send a signed message differs between different wallet provider we advise you to try to find the information on your wallet provider's site. If you are using blockchain here is a shot tutorial: http://www.youtube.com/watch?v=S88ciN9DsRk Thank you for your cooperation. We look forward to your reply. Not only is this extremely intrusive, it wouldn't actually show them where I bought the coins. I understand KYC requirements but this is beyond anything in the financial industry. And the coins I traded (under 500) were over the history of my account (not just this one trade). They eventually cancelled my withdrawal so I was able to get coins out (at a loss though). So just a heads up, be prepared to require this sort of information if you want to trade on bitstamp.
Wallet is password protected. Made in 2013 using bitcoin core. I now have the bitcoin core wallet and started it offline and replaced the wallet.dat file with mine but am having trouble understanding the syntax for dumpwallet dumpwallet "wallet.dat" Error: Please enter the wallet passphrase with walletpassphrase first. (code -13) dumpwallet password1234 wallet.dat Whole confusing tutorial that makes no sense to me.
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