The Best Bitcoin Apps of 2020 - Bitcoin App List ...

Sports Betting Exchange on the Blockchain

Bookie is the world's first decentralized betting exchange. A decentralized application - or DApp - for the desktop, Bookie is built on the Peerplays blockchain, and all betting is done with Bitcoin.
[link]

Horizen

Horizen is an inclusive ecosystem built on its massively scalable blockchain platform where everyone is empowered and rewarded for their contributions. Launched in 2017, our leading-edge platform enables real-life uses outside of our cryptocurrency, ZEN.
[link]

Cryptography news and discussions

Cryptography is the art of creating mathematical assurances for who can do what with data, including but not limited to encryption of messages such that only the key-holder can read it. Cryptography lives at an intersection of math and computer science. This subreddit covers the theory and practice of modern and *strong* cryptography, and it is a technical subreddit focused on the algorithms and implementations of cryptography.
[link]

Does the Ledger Wallet Bitcoin desktop application support the Bitcoin Payment Protocol as a receiving address?

So far, whenever I move money, I provide that long alpha-numeric string as the receiving address. But I just tried to buy the BitPay Card and was given something like the following to be the receiving address - bitcoin:?r=https://bitpay.com/i/8nXJxvuMCHwM2oLz41Bi7A
Note - I changed the actual URL for privacy but this format is the same.
BitPay's site listed some wallets that are known to support this protocol but Ledger wasn't mentioned. Does anyone know if I can use my Ledger Wallet Bitcoin app? If I can't, is this an upgrade coming soon? Or does Ledger provide a workaround to this when trying to pay someone that doesn't provide the old alpha-numeric address?
PS - here's the site that explains the new protocol: https://github.com/bitcoin/bips/blob/mastebip-0070.mediawiki
submitted by mkuraja to ledgerwallet [link] [comments]

JoyStream | The Anatomy of a Bitcoin Desktop Application

JoyStream | The Anatomy of a Bitcoin Desktop Application submitted by elux to btc [link] [comments]

JoyStream - The Anatomy of a Bitcoin Desktop Application

JoyStream - The Anatomy of a Bitcoin Desktop Application submitted by eragmus to Bitcoin [link] [comments]

JoyStream | The Anatomy of a Bitcoin Desktop Application

JoyStream | The Anatomy of a Bitcoin Desktop Application submitted by BitcoinAllBot to BitcoinAll [link] [comments]

JoyStream - The Anatomy of a Bitcoin Desktop Application

JoyStream - The Anatomy of a Bitcoin Desktop Application submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin Air Desktop Application

When using the Bitcoin Air Desktop Application, security, simplicity and Feature-Rich usage will be present. The Desktop Application will host some of the most important key features to the Bitcoin Air Living Ecosystem, including being able to;
https://bitcoinair.org
submitted by cobsunrated to BountyICO [link] [comments]

VegaWallet's Desktop and Mobile Applications Now Available on VegaWallet.com /r/Bitcoin

VegaWallet's Desktop and Mobile Applications Now Available on VegaWallet.com /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

02-25 07:32 - 'VegaWallet's Desktop and Mobile Applications Now Available on VegaWallet.com' (i.redd.it) by /u/VegaWallet removed from /r/Bitcoin within 53-63min

VegaWallet's Desktop and Mobile Applications Now Available on VegaWallet.com
Go1dfish undelete link
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Author: VegaWallet
submitted by removalbot to removalbot [link] [comments]

[uncensored-r/Bitcoin] Announcing the new Ledger Wallet desktop and mobile applications

The following post by murzika is being replicated because some comments within the post(but not the post itself) have been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7zmz57
The original post's content was as follows:
https://www.ledger.f2018/02/23/announcing-new-ledger-wallet-desktop-mobile-applications/
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

02-23 20:43 - 'Ledger announced new Wallet desktop and mobile applications' (monetse.com) by /u/cryptobeatson removed from /r/Bitcoin within 395-405min

Ledger announced new Wallet desktop and mobile applications
Go1dfish undelete link
unreddit undelete link
Author: cryptobeatson
submitted by removalbot to removalbot [link] [comments]

[uncensored-r/Bitcoin] Ledger announced new Wallet desktop and mobile applications

The following post by cryptobeatson is being replicated because the post has been silently removed and some comments within it have been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7zo746
The original post's content was as follows:
https://monetse.com/bitrazzi/ledger-announced-new-wallet-desktop-and-mobile-applications
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

02-03 21:03 - 'Binance SECRET Desktop Application' (youtu.be) by /u/crypto_chan removed from /r/Bitcoin within 59-69min

Binance SECRET Desktop Application
Go1dfish undelete link
unreddit undelete link
Author: crypto_chan
submitted by removalbot to removalbot [link] [comments]

Ultimate glossary of crypto currency terms, acronyms and abbreviations

I thought it would be really cool to have an ultimate guide for those new to crypto currencies and the terms used. I made this mostly for beginner’s and veterans alike. I’m not sure how much use you will get out of this. Stuff gets lost on Reddit quite easily so I hope this finds its way to you. Included in this list, I have included most of the terms used in crypto-communities. I have compiled this list from a multitude of sources. The list is in alphabetical order and may include some words/terms not exclusive to the crypto world but may be helpful regardless.
2FA
Two factor authentication. I highly advise that you use it.
51% Attack:
A situation where a single malicious individual or group gains control of more than half of a cryptocurrency network’s computing power. Theoretically, it could allow perpetrators to manipulate the system and spend the same coin multiple times, stop other users from completing blocks and make conflicting transactions to a chain that could harm the network.
Address (or Addy):
A unique string of numbers and letters (both upper and lower case) used to send, receive or store cryptocurrency on the network. It is also the public key in a pair of keys needed to sign a digital transaction. Addresses can be shared publicly as a text or in the form of a scannable QR code. They differ between cryptocurrencies. You can’t send Bitcoin to an Ethereum address, for example.
Altcoin (alternative coin): Any digital currency other than Bitcoin. These other currencies are alternatives to Bitcoin regarding features and functionalities (e.g. faster confirmation time, lower price, improved mining algorithm, higher total coin supply). There are hundreds of altcoins, including Ether, Ripple, Litecoin and many many others.
AIRDROP:
An event where the investors/participants are able to receive free tokens or coins into their digital wallet.
AML: Defines Anti-Money Laundering laws**.**
ARBITRAGE:
Getting risk-free profits by trading (simultaneous buying and selling of the cryptocurrency) on two different exchanges which have different prices for the same asset.
Ashdraked:
Being Ashdraked is essentially a more detailed version of being Zhoutonged. It is when you lose all of your invested capital, but you do so specifically by shorting Bitcoin. The expression “Ashdraked” comes from a story of a Romanian cryptocurrency investor who insisted upon shorting BTC, as he had done so successfully in the past. When the price of BTC rose from USD 300 to USD 500, the Romanian investor lost all of his money.
ATH (All Time High):
The highest price ever achieved by a cryptocurrency in its entire history. Alternatively, ATL is all time low
Bearish:
A tendency of prices to fall; a pessimistic expectation that the value of a coin is going to drop.
Bear trap:
A manipulation of a stock or commodity by investors.
Bitcoin:
The very first, and the highest ever valued, mass-market open source and decentralized cryptocurrency and digital payment system that runs on a worldwide peer to peer network. It operates independently of any centralized authorities
Bitconnect:
One of the biggest scams in the crypto world. it was made popular in the meme world by screaming idiot Carlos Matos, who infamously proclaimed," hey hey heeeey” and “what's a what's a what's up wasssssssssuuuuuuuuuuuuup, BitConneeeeeeeeeeeeeeeeeeeeeeeect!”. He is now in the mentally ill meme hall of fame.
Block:
A package of permanently recorded data about transactions occurring every time period (typically about 10 minutes) on the blockchain network. Once a record has been completed and verified, it goes into a blockchain and gives way to the next block. Each block also contains a complex mathematical puzzle with a unique answer, without which new blocks can’t be added to the chain.
Blockchain:
An unchangeable digital record of all transactions ever made in a particular cryptocurrency and shared across thousands of computers worldwide. It has no central authority governing it. Records, or blocks, are chained to each other using a cryptographic signature. They are stored publicly and chronologically, from the genesis block to the latest block, hence the term blockchain. Anyone can have access to the database and yet it remains incredibly difficult to hack.
Bullish:
A tendency of prices to rise; an optimistic expectation that a specific cryptocurrency will do well and its value is going to increase.
BTFD:
Buy the fucking dip. This advise was bestowed upon us by the gods themselves. It is the iron code to crypto enthusiasts.
Bull market:
A market that Cryptos are going up.
Consensus:
An agreement among blockchain participants on the validity of data. Consensus is reached when the majority of nodes on the network verify that the transaction is 100% valid.
Crypto bubble:
The instability of cryptocurrencies in terms of price value
Cryptocurrency:
A type of digital currency, secured by strong computer code (cryptography), that operates independently of any middlemen or central authoritie
Cryptography:
The art of converting sensitive data into a format unreadable for unauthorized users, which when decoded would result in a meaningful statement.
Cryptojacking:
The use of someone else’s device and profiting from its computational power to mine cryptocurrency without their knowledge and consent.
Crypto-Valhalla:
When HODLers(holders) eventually cash out they go to a place called crypto-Valhalla. The strong will be separated from the weak and the strong will then be given lambos.
DAO:
Decentralized Autonomous Organizations. It defines A blockchain technology inspired organization or corporation that exists and operates without human intervention.
Dapp (decentralized application):
An open-source application that runs and stores its data on a blockchain network (instead of a central server) to prevent a single failure point. This software is not controlled by the single body – information comes from people providing other people with data or computing power.
Decentralized:
A system with no fundamental control authority that governs the network. Instead, it is jointly managed by all users to the system.
Desktop wallet:
A wallet that stores the private keys on your computer, which allow the spending and management of your bitcoins.
DILDO:
Long red or green candles. This is a crypto signal that tells you that it is not favorable to trade at the moment. Found on candlestick charts.
Digital Signature:
An encrypted digital code attached to an electronic document to prove that the sender is who they say they are and confirm that a transaction is valid and should be accepted by the network.
Double Spending:
An attack on the blockchain where a malicious user manipulates the network by sending digital money to two different recipients at exactly the same time.
DYOR:
Means do your own research.
Encryption:
Converting data into code to protect it from unauthorized access, so that only the intended recipient(s) can decode it.
Eskrow:
the practice of having a third party act as an intermediary in a transaction. This third party holds the funds on and sends them off when the transaction is completed.
Ethereum:
Ethereum is an open source, public, blockchain-based platform that runs smart contracts and allows you to build dapps on it. Ethereum is fueled by the cryptocurrency Ether.
Exchange:
A platform (centralized or decentralized) for exchanging (trading) different forms of cryptocurrencies. These exchanges allow you to exchange cryptos for local currency. Some popular exchanges are Coinbase, Bittrex, Kraken and more.
Faucet:
A website which gives away free cryptocurrencies.
Fiat money:
Fiat currency is legal tender whose value is backed by the government that issued it, such as the US dollar or UK pound.
Fork:
A split in the blockchain, resulting in two separate branches, an original and a new alternate version of the cryptocurrency. As a single blockchain forks into two, they will both run simultaneously on different parts of the network. For example, Bitcoin Cash is a Bitcoin fork.
FOMO:
Fear of missing out.
Frictionless:
A system is frictionless when there are zero transaction costs or trading retraints.
FUD:
Fear, Uncertainty and Doubt regarding the crypto market.
Gas:
A fee paid to run transactions, dapps and smart contracts on Ethereum.
Halving:
A 50% decrease in block reward after the mining of a pre-specified number of blocks. Every 4 years, the “reward” for successfully mining a block of bitcoin is reduced by half. This is referred to as “Halving”.
Hardware wallet:
Physical wallet devices that can securely store cryptocurrency maximally. Some examples are Ledger Nano S**,** Digital Bitbox and more**.**
Hash:
The process that takes input data of varying sizes, performs an operation on it and converts it into a fixed size output. It cannot be reversed.
Hashing:
The process by which you mine bitcoin or similar cryptocurrency, by trying to solve the mathematical problem within it, using cryptographic hash functions.
HODL:
A Bitcoin enthusiast once accidentally misspelled the word HOLD and it is now part of the bitcoin legend. It can also mean hold on for dear life.
ICO (Initial Coin Offering):
A blockchain-based fundraising mechanism, or a public crowd sale of a new digital coin, used to raise capital from supporters for an early stage crypto venture. Beware of these as there have been quite a few scams in the past.
John mcAfee:
A man who will one day eat his balls on live television for falsely predicting bitcoin going to 100k. He has also become a small meme within the crypto community for his outlandish claims.
JOMO:
Joy of missing out. For those who are so depressed about missing out their sadness becomes joy.
KYC:
Know your customer(alternatively consumer).
Lambo:
This stands for Lamborghini. A small meme within the investing community where the moment someone gets rich they spend their earnings on a lambo. One day we will all have lambos in crypto-valhalla.
Ledger:
Away from Blockchain, it is a book of financial transactions and balances. In the world of crypto, the blockchain functions as a ledger. A digital currency’s ledger records all transactions which took place on a certain block chain network.
Leverage:
Trading with borrowed capital (margin) in order to increase the potential return of an investment.
Liquidity:
The availability of an asset to be bought and sold easily, without affecting its market price.
of the coins.
Margin trading:
The trading of assets or securities bought with borrowed money.
Market cap/MCAP:
A short-term for Market Capitalization. Market Capitalization refers to the market value of a particular cryptocurrency. It is computed by multiplying the Price of an individual unit of coins by the total circulating supply.
Miner:
A computer participating in any cryptocurrency network performing proof of work. This is usually done to receive block rewards.
Mining:
The act of solving a complex math equation to validate a blockchain transaction using computer processing power and specialized hardware.
Mining contract:
A method of investing in bitcoin mining hardware, allowing anyone to rent out a pre-specified amount of hashing power, for an agreed amount of time. The mining service takes care of hardware maintenance, hosting and electricity costs, making it simpler for investors.
Mining rig:
A computer specially designed for mining cryptocurrencies.
Mooning:
A situation the price of a coin rapidly increases in value. Can also be used as: “I hope bitcoin goes to the moon”
Node:
Any computing device that connects to the blockchain network.
Open source:
The practice of sharing the source code for a piece of computer software, allowing it to be distributed and altered by anyone.
OTC:
Over the counter. Trading is done directly between parties.
P2P (Peer to Peer):
A type of network connection where participants interact directly with each other rather than through a centralized third party. The system allows the exchange of resources from A to B, without having to go through a separate server.
Paper wallet:
A form of “cold storage” where the private keys are printed onto a piece of paper and stored offline. Considered as one of the safest crypto wallets, the truth is that it majors in sweeping coins from your wallets.
Pre mining:
The mining of a cryptocurrency by its developers before it is released to the public.
Proof of stake (POS):
A consensus distribution algorithm which essentially rewards you based upon the amount of the coin that you own. In other words, more investment in the coin will leads to more gain when you mine with this protocol In Proof of Stake, the resource held by the “miner” is their stake in the currency.
PROOF OF WORK (POW) :
The competition of computers competing to solve a tough crypto math problem. The first computer that does this is allowed to create new blocks and record information.” The miner is then usually rewarded via transaction fees.
Protocol:
A standardized set of rules for formatting and processing data.
Public key / private key:
A cryptographic code that allows a user to receive cryptocurrencies into an account. The public key is made available to everyone via a publicly accessible directory, and the private key remains confidential to its respective owner. Because the key pair is mathematically related, whatever is encrypted with a public key may only be decrypted by its corresponding private key.
Pump and dump:
Massive buying and selling activity of cryptocurrencies (sometimes organized and to one’s benefit) which essentially result in a phenomenon where the significant surge in the value of coin followed by a huge crash take place in a short time frame.
Recovery phrase:
A set of phrases you are given whereby you can regain or access your wallet should you lose the private key to your wallets — paper, mobile, desktop, and hardware wallet. These phrases are some random 12–24 words. A recovery Phrase can also be called as Recovery seed, Seed Key, Recovery Key, or Seed Phrase.
REKT:
Referring to the word “wrecked”. It defines a situation whereby an investor or trader who has been ruined utterly following the massive losses suffered in crypto industry.
Ripple:
An alternative payment network to Bitcoin based on similar cryptography. The ripple network uses XRP as currency and is capable of sending any asset type.
ROI:
Return on investment.
Safu:
A crypto term for safe popularized by the Bizonnaci YouTube channel after the CEO of Binance tweeted
“Funds are safe."
“the exchage I use got hacked!”“Oh no, are your funds safu?”
“My coins better be safu!”


Sats/Satoshi:
The smallest fraction of a bitcoin is called a “satoshi” or “sat”. It represents one hundred-millionth of a bitcoin and is named after Satoshi Nakamoto.
Satoshi Nakamoto:
This was the pseudonym for the mysterious creator of Bitcoin.
Scalability:
The ability of a cryptocurrency to contain the massive use of its Blockchain.
Sharding:
A scaling solution for the Blockchain. It is generally a method that allows nodes to have partial copies of the complete blockchain in order to increase overall network performance and consensus speeds.
Shitcoin:
Coin with little potential or future prospects.
Shill:
Spreading buzz by heavily promoting a particular coin in the community to create awareness.
Short position:
Selling of a specific cryptocurrency with an expectation that it will drop in value.
Silk road:
The online marketplace where drugs and other illicit items were traded for Bitcoin. This marketplace is using accessed through “TOR”, and VPNs. In October 2013, a Silk Road was shut down in by the FBI.
Smart Contract:
Certain computational benchmarks or barriers that have to be met in turn for money or data to be deposited or even be used to verify things such as land rights.
Software Wallet:
A crypto wallet that exists purely as software files on a computer. Usually, software wallets can be generated for free from a variety of sources.
Solidity:
A contract-oriented coding language for implementing smart contracts on Ethereum. Its syntax is similar to that of JavaScript.
Stable coin:
A cryptocoin with an extremely low volatility that can be used to trade against the overall market.
Staking:
Staking is the process of actively participating in transaction validation (similar to mining) on a proof-of-stake (PoS) blockchain. On these blockchains, anyone with a minimum-required balance of a specific cryptocurrency can validate transactions and earn Staking rewards.
Surge:
When a crypto currency appreciates or goes up in price.
Tank:
The opposite of mooning. When a coin tanks it can also be described as crashing.
Tendies
For traders , the chief prize is “tendies” (chicken tenders, the treat an overgrown man-child receives for being a “Good Boy”) .
Token:
A unit of value that represents a digital asset built on a blockchain system. A token is usually considered as a “coin” of a cryptocurrency, but it really has a wider functionality.
TOR: “The Onion Router” is a free web browser designed to protect users’ anonymity and resist censorship. Tor is usually used surfing the web anonymously and access sites on the “Darkweb”.
Transaction fee:
An amount of money users are charged from their transaction when sending cryptocurrencies.
Volatility:
A measure of fluctuations in the price of a financial instrument over time. High volatility in bitcoin is seen as risky since its shifting value discourages people from spending or accepting it.
Wallet:
A file that stores all your private keys and communicates with the blockchain to perform transactions. It allows you to send and receive bitcoins securely as well as view your balance and transaction history.
Whale:
An investor that holds a tremendous amount of cryptocurrency. Their extraordinary large holdings allow them to control prices and manipulate the market.
Whitepaper:

A comprehensive report or guide made to understand an issue or help decision making. It is also seen as a technical write up that most cryptocurrencies provide to take a deep look into the structure and plan of the cryptocurrency/Blockchain project. Satoshi Nakamoto was the first to release a whitepaper on Bitcoin, titled “Bitcoin: A Peer-to-Peer Electronic Cash System” in late 2008.
And with that I finally complete my odyssey. I sincerely hope that this helped you and if you are new, I welcome you to crypto. If you read all of that I hope it increased, you in knowledge.
my final definition:
Crypto-Family:
A collection of all the HODLers and crypto fanatics. A place where all people alike unite over a love for crypto.
We are all in this together as we pioneer the new world that is crypto currency. I wish you a great day and Happy HODLing.
-u/flacciduck
feel free to comment words or terms that you feel should be included or about any errors I made.
Edit1:some fixes were made and added words.
submitted by flacciduck to CryptoCurrency [link] [comments]

The state of cryptocurrency in China. If anyone tells you otherwise, they are lying.

It's been a while since I outlined the state of cryptocurrency in China, but I should probably tell you guys why this is important first: Journalists will do anything to shill you their "news" so they can get their sponsor dollars. Crypto YouTubers who comment on the story without reading the original news story or transpiration of events in Chinese further distort this message. With that out of the way, let's dive in to free knowledge.
-Mining is just fine, so long as miners have all of their documents properly registered. The Chinese government thinks, "Whatever, sell this stuff to foreigners. We'll gladly let more USD flow in to our economy in exchange for thin air." -Most Chinese-owned exchanges set up offices abroad, usually in Singapore. Some have dev teams in Malaysia / Taiwan. -The Chinese government hasn't really out-right BANNED crypto ownership as far as I know, but they have certainly made it very difficult to own it. Which leads me to these two points: -I tried sending an APK file for an android phone wallet app to an American buddy of mine and his Chinese-made phone with a specialized Chinese distro of android would not allow him to install it. He sent me a screenshot that showed his phone basically displayed, "Unable to install application." or something similar. -I wouldn't be surprised to learn that Chinese-made distros of Windows, Linux, or Macintosh-specific operating systems do not allow users to install wallets to their desktops either - but I have not verified this. -These last two points can be circumvented by buying phones and operating systems made for foreign countries on China's ebay equivalent, Taobao. -There have been previous court-rulings where bitcoin was recognized as PROPERTY. -My view is that the CCP's attitude is, "Less crypto, less headache. Turn it in to USD and bring it in to China." -I would not be surprised to learn that later down the road the CCP makes a list of present cryptocurrencies that may be bought and sold legally in China in the future. I would only be shocked if bitcoin were not on that list. -It is commonplace for employees of exchanges to get paid in crypto in China. This is usually done with a stablecoin. -I have an undergraduate degree in Chinese and previously worked for a Chinese-owned exchange. This is where my knowledge comes from. -Everything listed here to this point in time should be treated like "law" unless Xi Jinping himself or another government official say otherwise in the near future.
Any questions? Fire away.
submitted by sgtslaughterTV to CryptoCurrency [link] [comments]

Scalenet and Testnet4 are online and open for business

Over the years, some people have made use of testnet3 to test out scaling performance, and have spammed testnet3 with 32 MB blocks. This has caused testnet3 to get kinda bloated; the blockchain now takes an hour or so to sync, which slows down development. Other people have wanted to do stress testing, but have specifically wanted to avoid inconveniencing other people by spamming testnet3, and have therefore not done so. This slows down development too. To address this issue, I created two new networks: testnet4 and scalenet.
Testnet4 is intended to be a low-volume quick-syncing blockchain which is ideal for testing out new transaction formats or applications. It has a 2 MB default block size limit, and comes with aserti3 parameters that make the difficulty recover quickly to CPU-mineable levels. It should remain easy to sync on a low-end VPS or old laptop.
Scalenet is intended to be a high-volume blockchain which is ideal for spamming and stress testing software. It comes with a 256 MB initial default block size limit, and uses aserti3 parameters that make it more suitable for accurately simulating mainnet mining difficulty (though it retains the 20-minute difficulty rule). In order to prevent storage costs from getting unreasonable for a testnet, scalenet will be reset every 6-12 months by invalidating the block at height 10,001 and adding a new checkpoint. Scalenet is intended to be feasible to run on a mid-range desktop computer with some strain.
Testnet4 and scalenet are now online and essentially complete. The code for both has been merged into BCHN and Electron Cash. Testnet4 has also been successfully synced to by Knuth, Bitcoin Unlimited, and libbitcoincashj. Block explorers for both are available, thanks to Axel Gembe (who runs the code) and sickpig (who wrote the code):
http://tbch4.loping.net:3002/
http://sbch.loping.net:3003/
The testnet4 and scalenet MRs were opened on Aug 19th and Aug 27th, and both were merged on Sep 17th. Scalenet reached height 10,000 on October 3rd.
Testnet4 and Scalenet support are present in the master branch of BCHN, and will be included in the next release of BCHN. Some other software (e.g. Electron Cash) already has support in their latest release, but most is still pending.
See also: https://bitcoincashresearch.org/t/testnet4-and-scalenet/148/7
submitted by jtoomim to btc [link] [comments]

XMR Atomic Swaps Now Support PART | Anonymous Decentralized Marketplace Integration Coming Soon

XMR Atomic Swaps Now Support PART | Anonymous Decentralized Marketplace Integration Coming Soon
Hey guys,
Cryptoguard from Particl here. We're happy to announce that we've recently added PART atomic swap support to the xmr-btc-atomic-swap protocol on mainnet and have pushed the protocol on Particl's Github.
The ability to atomically swap XMR <> PART opens up a lot of doors for the advancement of anonymous eCommerce solutions and solidifies the sustainability and resiliency of decentralized marketplaces, a strong win for all proponents of free market, personal freedom, and self-determination.
For those not aware of Particl, it is Bitcoin-based blockchain (currently 0.19.1.1, about to release 0.20) with a native currency (PART) that has a variable level of privacy (public, blind (CT), and anon (RingCT)).
We've built a completely decentralized, trustless, and unstoppable marketplace where you can buy and sell anything online without using any third-party, without paying any fee (other than regular crypto transactions), and without leaving any sort of digital footprint behind. The entire marketplace experience, just like its transactions/sales, is private by default thanks to a combination of CT, RingCT, stealth addresses, Tor, SecureMessaging/BitMessage, and etc. The marketplace has been on mainnet for a year now, as an open Beta, and we're about to push our biggest update since launch—a brand new desktop application as well as a completely refactored marketplace. This will dramatically improve the user experience and the performance, making the private decentralized marketplace as user-friendly as it's ever been.
We now plan on adding native XMR <> PART swap support into the desktop client and marketplace application, allowing anyone holding XMR to easily buy and sell anything on a decentralized marketplace that respects your privacy. It also ensures that you can now get in and out of Particl's ecosystem without having to go through any third-party such as an exchange or payment processor.
XMR <> PART support will add a tremendous level of privacy to the marketplace and expand on what's possible to do now with Monero.
Here's a mockup of what an XMR <> PART swap engine may look like in Particl Desktop's Swap module (independent module from the marketplace).
WIP, not a screenshot but a mock up, final look may differ
Additionally, we're equally happy to announce that we will be adding XMR <> PART support to the marketplace and Particl Desktop application as soon as Particl V3, the upcoming massive release, is out on mainnet. The integration will use both StealthEX and SimpleSwap exchanges to provide you with an easy way to swap coins before atomic swaps are pushed to the client, once ready.
---
We'd like to thank everyone involved in the development of the XMR <> BTC swap protocol that made this possible, especially h4sh3d for cracking the code on how to execute an XMR <> BTC atomic swap and the Monero community for funding the research.
The ability to swap XMR and BTC together is probably one of the biggest wins in crypto since the last few years, and we're super excited to see all that's going to be possible from now on. Let's keep pushing crypto forward and make it as private as it should!
submitted by CryptoGuard to Monero [link] [comments]

Checker Thread (A list of hacked clients for easy reference)

Community contribution is the only way this thread will be useful. This is a WIP! More clients will be added as time goes on!
Quick note: The vast majority of these are files supplied by the community -- some may not work. The person who sent me 9b9t says it doesn't work, but I have not personally tested. Please let me know if it works or does not work.

Some additional notes:
I am open to community criticism so long as it can actually be used to benefit the thread. Issues with formatting, approach, client choice, etc. are all great things to come talk to me about so I may improve. However, people keep commenting the same things over and over and over — “VirusTotal can’t catch X” is a popular one — and I don’t have time to deal with it. If you have a security concern, you are more than welcome to raise it. HOWEVER, do not make unreasonable requests of me — I work, in addition to that I have a social life, I have responsibilities at home as well. This is a side thing that I do when I have the time. A lot of people have suggested looking through bytecode to determine if a client is malicious. I do not have the time to do this for every client. If you are willing to help and do more than say “you should do more than you already are, even though you have a job and a life outside of an obscure subreddit,” feel free to DM me. People who take the broken record approach and say things that are already covered in the thread, or refuse to offer help and just post complaints, will be blocked and ignored. I’m all down for making this post better, but I’m not gonna waste my time with people who won’t work with me. Thank you for your help!

BIG THANKS TO u/jpie726 FOR HIS MASSIVE CONTRIBUTIONS! WITHOUT HIM THIS LIST WOULD BE SIGNIFICANTLY LESS EXPANSIVE. GO UPVOTE THIS MAN INTO HEAVEN, HE DESERVES IT!

Eventually I would like to make a Python script that takes care of all the necessary tasks to install these clients. Python itself is available through the Windows Store as well as on Python's website, or through various other installers. It will install any additional dependencies via Pip and will use Curl to retrieve the files. Anyone interested in helping with this script is more than welcome to do so, if you wish. The two options for assisting me would be as follows:
1. You can install Visual Studio Code or Atom and work with me directly through those applications (more details soon™)
2. A GitHub page may be made and you could submit pull requests through that and edit the script alone.

#######################################################################
There is a misconception that I am only here for free paid clients.
1. I can't use a paid client unless I have access to a cracked version, an account, and the HWID bound to said account.
2. People are also saying there's a way for clients to track if someone leaks them. While I suppose this is possible if they bothered to put in the absurd amount of effort it would take, it would give them no benefit and it would do no good as I am not running the software on my desktop -- I am sending the software to VirusTotal, grabbing the SHA-256 checksum, and deleting the file.
3. If all you're going to do is post that "VirusTotal can't catch x" or "muh client" do not waste my time, and don't waste yours. You will be ignored in favor of people who will actually help me construct what I hope to be a megathread for this subreddit, FOR YOU GUYS. I mean jeez, someone's trying to help and half the fucking responses are "muh client" like come on. No wonder this fucking subreddit is dead, sheesh. If someone's trying to help you and you just step on their toes that's just not very cool, not everyone is trying to scam you. I do just be trying to help people who come here doe.
4. If you have concerns, raise them respectfully. Do not attack me, you will be ignored or if I feel so inclined I will give you 110% of the shit you give me right back to you. I will answer questions, I will elaborate on my goals, I will take helpful advice. Everything else will be outright ignored, and misinformation will be countered. That is all, thread below.
#######################################################################

I named this the Checker Thread to make it easy to search for in the subreddit. Enjoy.Below will be a list of hacked clients, with VirusTotal links, SHA-256 hashes, direct download links (skipping ad pages) and eventually features for each client. I'd also like to add what servers they do and don't work on, but I need the community to help with that.
The only client I use is Impact, send me additional clients in the comments and they will be added to this list.

Note about SHA-256 hashes:
SHA-256 hashes are a hash of a file produced algorithmically. This type of hash was developed by the United States National Security Agency, and is typically used to verify that files are what they are supposed to be. Widely used in cryptographic applications such as SSH, APT repositories, transactions on websites, verifying files, Bitcoin, and more. It is very common. This type of cryptographic hash has been in use since 2001. An SHA-256 hash will be the exact same for the same file regardless of the source of the file, so if your hash is different from the one listed here you do not have the legitimate installer OR the hash is not up-to-date.

Note about VirusTotal tests:
Several people have pointed out to me something I feel should be brought up in the main thread. VirusTotal is not a catch-all, just as your typical antivirus software is not a catch-all. It will not catch everything. It should be used as a general guideline only. Clean VirusTotal tests do not guarantee your safety, although if the program passes all ~70 or so antivirus engines it's probably safe to use. Any additional malicious activity should be caught by your antivirus program's heuristics. I take no responsibility for anything that is malicious, but I can say in good conscience that I have done everything I can to ensure that everything on this thread is safe. Keep in mind that programs that trip VirusTotal may still be safe to use, antivirus programs often pick up injectors as malware or Trojans because that's how those types of viruses behave in the real world. Use your best judgement. If your best judgement is not good enough, do not use these programs. You have been warned.

----- C --- L --- I --- E --- N --- T--- S ------ C --- L --- I --- E --- N --- T--- S ------ C --- L --- I --- E --- N --- T--- S -----

Impact | 1.11.2 to 1.15.2 | Java Edition
VirusTotal Link for *.exe Installer | VirusTotal Link for *.jar Installer
SHA-256 Hash: 4EAFFB99759FBD949D0FBEF58AE9CEB45CE8CA2B0D7DC22147D4FF0E46F010EC
Impact triggered 0/72 engines on both installers.
Direct Link to Impact's *.exe Installer | Direct Link to Impact's *.jar Installer
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Sigma | 1.8 to 1.16 | Java Edition
VirusTotal Link for *.jar Installer | VirusTotal Link for the *.zip the Installer is Contained In
SHA-256 Hash for the *.zip file: 3FCD397849358522BF0EEEAF117487DBA860919900A904551DF512BE2C34B48C
Sigma's *.zip file triggered 0/59 engines on the *.zip file.
Sigma's *.jar file triggered 0/60 engines on the *.jar file.
Direct Link to Sigma's *.zip File that Contains the Installer
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9b9t | 1.12.2, needs testing | Java Edition | Forge Mod
VirusTotal Link for the *.jar Forge Mod
SHA-256 Hash: 30E4F2778688D54CE7992AFDE509460A7BDDBDA77800219083D4D12BC696EEA0
9b9t triggered 0/60 engines.
AnonFile link to 9b9t's *.jar Mod
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Ingrosware | 1.12.2 | Java Edition | Forge Mod
VirusTotal Link for the *.jar Forge Mod
SHA-256 Hash: BD1A0F9079F4C834A251163C3A0ECBFF7DFC28AB00CF1C74008AADD042FAD358
Ingrosware triggered 0/59 engines.
AnonFile link to a pre-built *.jar Mod
Note: Ingrosware is open source, and is available on GitHub. If you want to build it yourself, you can do so here.
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Mercury | 1.12.2 | Java Edition | Forge Mod
VirusTotal Link for the *.jar Forge Mod
SHA-256 Hash: 70E585A94218149970410ACAE5BE7C1C1B731140F1AF55FE2D1292B1CA74DCB9
Mercury triggered 0/60 engines.
AnonFile link to Mercury's *.jar Mod
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Atlas | 1.12.2 | Java Edition | Forge Mod | Use with caution!
VirusTotal Link for the *.jar Forge Mod
SHA-256 Hash: 7AEB7220CBD5D7C4E4421A940357F14EC70B18DB905469E288529FE3A2C04D57
Note: The file is called AceHackGold-n3.0-release.jar in VirusTotal. The client is identified as Atlas in the .nfo file it came bundled with.
Atlas triggered 7/59 engines.
Note: Upon closer inspection of the VirusTotal scan, the client appears to be of the injected flavor. Injectors are commonly a false positive Trojan. The client appears to be safe, and there was nothing particularly noteworthy in the VirusTotal scan that is atypical for an injector. While this makes the file appear to be safe, use with caution.
AnonFile Link for the *.jar Mod
Note: This is a cracked client! The crack is pre-done, so no additional work is required to use -- just put it in your Forge Mods folder and click play.
Note 2: The file downloaded is called AceHackGold-n3.0-release.jar*, I'm not sure why. This file was community-sourced, but it has been inspected in the same manner as all the others*.
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Atom | 1.12.2 | Java Edition | Forge Mod | Use with extreme caution!
VirusTotal Link for the *.zip the Forge Mod is Contained In
SHA-256 Hash: 3B43F952EB5B14F2B01592057B27E92B0E38B6874EA10B8E893BFCBC71463377
Note: The file is called output.157312297.txt in VirusTotal. In addition, VirusTotal identifies the file type properly (\.zip).*
Atom triggered 9/59 engines.
Note: Upon closer inspection of the VirusTotal scan, the client accesses numerous registry keys, which is a behavior I personally would consider to be unnecessary and incredibly suspicious. You can find more information in the VirusTotal scan. The client also exhibits typical Trojan false-positives.
AnonFile Link for the *.zip File
Note: This is a cracked client! The crack is pre-done, so no additional work is required to use -- just put it in your Forge Mods folder and click play.
Use this client with extreme caution. There are behaviors that I consider to be extremely suspicious, you must determine for yourself if it's safe to use however. This may just be how the client works. I do not know, and I can't be bothered to test it.
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Aurora | 1.12.2 | Java Edition | Forge Mod
VirusTotal Link for the *.zip the Forge Mod is Contained In
SHA-256 Hash: 9A66929B629AB076383340D33E0EF9B8CE221679EF79315240EA6C760651A533
Aurora triggered 0/61 engines.
AnonFile Link for the *.zip File
Note: This is a cracked client! The crack is pre-done, so no additional work is required to use -- just put it in your Forge Mods folder and click play.
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CandyCat | 1.12.2 | Java Edition | Forge Mod | Use with caution!
VirusTotal Link for the *.zip the Forge Mod is Contained In
SHA-256 Hash: 8CEC2F9F28AA3957504E0CC66BF1516080C7BAC50EADB54DC6DD97E0E6E9C745
CandyCat triggered 9/61 engines.
Note: Upon closer inspection of the VirusTotal scan, the client appears to be of the injected flavor. Injectors are commonly a false positive Trojan. The client appears to be safe, and there was nothing particularly noteworthy in the VirusTotal scan that is atypical for an injector. While this makes the file appear to be safe, use with caution.
AnonFile Link for the *.zip File
Note: This is a cracked client! The crack is pre-done, so no additional work is required to use -- just put it in your Forge Mods folder and click play.
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DayNightGod | 1.12.2 | Java Edition | Forge Mod | Use with caution!
VirusTotal Link for the *.zip the Forge Mod is Contained In
SHA-256 Hash: 9CEEB43476B18149C0DA76B7AE94713AAF60ED4D2BFD2339E863CC46A1808A0D
DayNightGod triggered 1/59 engines.
Note: Upon closer inspection, only one engine was triggered. The client did not trigger the usual false-positives of a Trojan, use with caution.
AnonFile Link for the *.zip File
Note: This is a cracked client! The crack is pre-done, so no additional work is required to use -- just put it in your Forge Mods folder and click play.
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HyperLethal | 1.12.2 | Java Edition | Forge Mod | Use with caution!
VirusTotal Link for the *.zip the Forge Mod is Contained In
SHA-256 Hash: 77FACC1FDB0415438963CCC8DDB4081958563AAA962CE9C024E5063DA32E8FAD
HyperLethal triggered 2/59 engines.
Note: Upon closer inspection of the VirusTotal scan, the client appears to be of the injected flavor. Injectors are commonly a false positive Trojan. The client appears to be safe, and there was nothing particularly noteworthy in the VirusTotal scan that is atypical for an injector. While this makes the file appear to be safe, use with caution.
AnonFile Link for the *.zip File
Note: This is a cracked client! The crack is pre-done, so no additional work is required to use -- just put it in your Forge Mods folder and click play.
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LoveClient | 1.12.2 | Java Edition | Forge Mod | Use with extreme caution!
VirusTotal Link for the *.zip the Forge Mod is Contained In
SHA-256 Hash: C71EC42FF612D75CB7AA21B8400D164A74AAD9BB65D2DFEE232461DAF98034C2
LoveClient triggered 9/61 engines.
Note: Upon closer inspection of the VirusTotal scan, the client accesses numerous registry keys, which is a behavior I personally would consider to be unnecessary and incredibly suspicious. You can find more information in the VirusTotal scan. The client also exhibits typical Trojan false-positives.
AnonFile Link for the *.zip File
Use this client with extreme caution. There are behaviors that I consider to be extremely suspicious, you must determine for yourself if it's safe to use however. This may just be how the client works. I do not know, and I can't be bothered to test it.
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SnowHack | 1.12.2 | Java Edition | Forge Mod
VirusTotal Link for the *.zip the Forge Mod is Contained In
SHA-256 Hash: 7100C8D59CE06B279F7D03D834FC2C361F10BEAE913575FC7EFA74E498167D2C
SnowHack triggered 10/62 engines.
Note: Upon closer inspection of the VirusTotal scan, the client appears to be of the injected flavor. Injectors are commonly a false positive Trojan. The client appears to be safe, and there was nothing particularly noteworthy in the VirusTotal scan that is atypical for an injector. While this makes the file appear to be safe, use with caution.
AnonFile Link for the *.zip File
Note: This is a cracked client! The crack is pre-done, so no additional work is required to use -- just put it in your Forge Mods folder and click play.
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submitted by Daemris to minecraftclients [link] [comments]

Zano Newcomers Introduction/FAQ - please read!

Welcome to the Zano Sticky Introduction/FAQ!

https://preview.redd.it/al1gy9t9v9q51.png?width=424&format=png&auto=webp&s=b29a60402d30576a4fd95f592b392fae202026ca
Hopefully any questions you have will be answered by the resources below, but if you have additional questions feel free to ask them in the comments. If you're quite technically-minded, the Zano whitepaper gives a thorough overview of Zano's design and its main features.
So, what is Zano? In brief, Zano is a project started by the original developers of CryptoNote. Coins with market caps totalling well over a billion dollars (Monero, Haven, Loki and countless others) run upon the codebase they created. Zano is a continuation of their efforts to create the "perfect money", and brings a wealth of enhancements to their original CryptoNote code.
Development happens at a lightning pace, as the Github activity shows, but Zano is still very much a work-in-progress. Let's cut right to it:
Here's why you should pay attention to Zano over the next 12-18 months. Quoting from a recent update:
Anton Sokolov has recently joined the Zano team. ... For the last months Anton has been working on theoretical work dedicated to log-size ring signatures. These signatures theoretically allows for a logarithmic relationship between the number of decoys and the size/performance of transactions. This means that we can set mixins at a level from up to 1000, keeping the reasonable size and processing speed of transactions. This will take Zano’s privacy to a whole new level, and we believe this technology will turn out to be groundbreaking!
If successful, this scheme will make Zano the most private, powerful and performant CryptoNote implementation on the planet. Bar none. A quantum leap in privacy with a minimal increase in resource usage. And if there's one team capable of pulling it off, it's this one.

What else makes Zano special?

You mean aside from having "the Godfather of CryptoNote" as the project lead? ;) Actually, the calibre of the developers/researchers at Zano probably is the project's single greatest strength. Drawing on years of experience, they've made careful design choices, optimizing performance with an asynchronous core architecture, and flexibility and extensibility with a modular code structure. This means that the developers are able to build and iterate fast, refining features and adding new ones at a rate that makes bigger and better-funded teams look sluggish at best.
Zano also has some unique features that set it apart from similar projects:
Privacy Firstly, if you're familiar with CryptoNote you won't be surprised that Zano transactions are private. The perfect money is fungible, and therefore must be untraceable. Bitcoin, for the most part, does little to hide your transaction data from unscrupulous observers. With Zano, privacy is the default.
The untraceability and unlinkability of Zano transactions come from its use of ring signatures and stealth addresses. What this means is that no outside observer is able to tell if two transactions were sent to the same address, and for each transaction there is a set of possible senders that make it impossible to determine who the real sender is.
Hybrid PoW-PoS consensus mechanism Zano achieves an optimal level of security by utilizing both Proof of Work and Proof of Stake for consensus. By combining the two systems, it mitigates their individual vulnerabilities (see 51% attack and "nothing at stake" problem). For an attack on Zano to have even a remote chance of success the attacker would have to obtain not only a majority of hashing power, but also a majority of the coins involved in staking. The system and its design considerations are discussed at length in the whitepaper.
Aliases Here's a stealth address: ZxDdULdxC7NRFYhCGdxkcTZoEGQoqvbZqcDHj5a7Gad8Y8wZKAGZZmVCUf9AvSPNMK68L8r8JfAfxP4z1GcFQVCS2Jb9wVzoe. I have a hard enough time remembering my phone number. Fortunately, Zano has an alias system that lets you register an address to a human-readable name. (@orsonj if you want to anonymously buy me a coffee)
Multisig
Multisignature (multisig) refers to requiring multiple keys to authorize a Zano transaction. It has a number of applications, such as dividing up responsibility for a single Zano wallet among multiple parties, or creating backups where loss of a single seed doesn't lead to loss of the wallet.
Multisig and escrow are key components of the planned Decentralized Marketplace (see below), so consideration was given to each of them from the design stages. Thus Zano's multisig, rather than being tagged on at the wallet-level as an afterthought, is part of its its core architecture being incorporated at the protocol level. This base-layer integration means months won't be spent in the future on complicated refactoring efforts in order to integrate multisig into a codebase that wasn't designed for it. Plus, it makes it far easier for third-party developers to include multisig (implemented correctly) in any Zano wallets and applications they create in the future.
(Double Deposit MAD) Escrow
With Zano's escrow service you can create fully customizable p2p contracts that are designed to, once signed by participants, enforce adherence to their conditions in such a way that no trusted third-party escrow agent is required.
https://preview.redd.it/jp4oghyhv9q51.png?width=1762&format=png&auto=webp&s=12a1e76f76f902ed328886283050e416db3838a5
The Particl project, aside from a couple of minor differences, uses an escrow scheme that works the same way, so I've borrowed the term they coined ("Double Deposit MAD Escrow") as I think it describes the scheme perfectly. The system requires participants to make additional deposits, which they will forfeit if there is any attempt to act in a way that breaches the terms of the contract. Full details can be found in the Escrow section of the whitepaper.
The usefulness of multisig and the escrow system may not seem obvious at first, but as mentioned before they'll form the backbone of Zano's Decentralized Marketplace service (described in the next section).

What does the future hold for Zano?

The planned upgrade to Zano's privacy, mentioned at the start, is obviously one of the most exciting things the team is working on, but it's not the only thing.
Zano Roadmap
Decentralized Marketplace
From the beginning, the Zano team's goal has been to create the perfect money. And money can't just be some vehicle for speculative investment, money must be used. To that end, the team have created a set of tools to make it as simple as possible for Zano to be integrated into eCommerce platforms. Zano's API’s and plugins are easy to use, allowing even those with very little coding experience to use them in their E-commerce-related ventures. The culmination of this effort will be a full Decentralized Anonymous Marketplace built on top of the Zano blockchain. Rather than being accessed via the wallet, it will act more as a service - Marketplace as a Service (MAAS) - for anyone who wishes to use it. The inclusion of a simple "snippet" of code into a website is all that's needed to become part a global decentralized, trustless and private E-commerce network.
Atomic Swaps
Just as Zano's marketplace will allow you to transact without needing to trust your counterparty, atomic swaps will let you to easily convert between Zano and other cyryptocurrencies without having to trust a third-party service such as a centralized exchange. On top of that, it will also lead to the way to Zano's inclusion in the many decentralized exchange (DEX) services that have emerged in recent years.

Where can I buy Zano?

Zano's currently listed on the following exchanges:
https://coinmarketcap.com/currencies/zano/markets/
It goes without saying, neither I nor the Zano team work for any of the exchanges or can vouch for their reliability. Use at your own risk and never leave coins on a centralized exchange for longer than necessary. Your keys, your coins!
If you have any old graphics cards lying around(both AMD & NVIDIA), then Zano is also mineable through its unique ProgPowZ algorithm. Here's a guide on how to get started.
Once you have some Zano, you can safely store it in one of the desktop or mobile wallets (available for all major platforms).

How can I support Zano?

Zano has no marketing department, which is why this post has been written by some guy and not the "Chief Growth Engineer @ Zano Enterprises". The hard part is already done: there's a team of world class developers and researchers gathered here. But, at least at the current prices, the team's funds are enough to cover the cost of development and little more. So the job of publicizing the project falls to the community. If you have any experience in community building/growth hacking at another cryptocurrency or open source project, or if you're a Zano holder who would like to ensure the project's long-term success by helping to spread the word, then send me a pm. We need to get organized.
Researchers and developers are also very welcome. Working at the cutting edge of mathematics and cryptography means Zano provides challenging and rewarding work for anyone in those fields. Please contact the project's Community Manager u/Jed_T if you're interested in joining the team.
Social Links:
Twitter
Discord Server
Telegram Group
Medium blog
I'll do my best to keep this post accurate and up to date. Message me please with any suggested improvements and leave any questions you have below.
Welcome to the Zano community and the new decentralized private economy!
submitted by OrsonJ to Zano [link] [comments]

Where can I get help for 3080?

My 3080 was running fine and randomly mid game I lost half my frames and gpu was hot. Basically I found out it runs at full frequency doing nothing. just on desktop basically now it is stuck at full power but nothing is using it. I don't wanna rma because I asked and they said turnaround time is around 1-2 months, and no thanks. it is stuck at 9501 on memory and 1740 for core. I have a msi 3x oc 3080 ventus. pictures. I really need some help. I have been trying to solve this problem for 4 days ongoing. I reset windows 4 times, thought it was a bitcoin miner virus. I couldn't find anything with any virus or rootscanners and I doubt its a virus since resetting my windows 4 times and clearing my ssds wouldnt let it survive. Also it goes back to normal frequency when resetting windows but comes back after like 5 minutes. during those 5 minutes the frequency memory and volts are normal but whenever I open any 3d application, chrome, any program. it shoots up to max load for one second and then goes back to normal. then later it just stays at full load infinitly. please someone help. The only thing in task manager that uses .5 usage of gpu is desktop windows manager, system, and client server runtime process
submitted by JoshtheBob to buildapc [link] [comments]

Importance Of Blockchain for Business

Importance Of Blockchain for Business

Blockchain Technology
Blockchain technology has been the latest trend in finance Industry. Ever since the first cryptocurrency was published, Blockchain has gained popularity.
But ever wondered Why Blockchain is Important and why Businesses are so keen on adopting it?
Let’s take a look at it!
What is Blockchain?
Blockchain is a Public Ledger that has its data distributed to all the networks. It is a peer-to-peer network where each ledger has a copy. It consists of Blocks that hold the records of many transactions. Since the data distribution is on a ledger it is difficult for a hacker to tamper with the data. Any alteration or change in data will be noticed eventually. Due to its nature, Blockchain has been used as the foundation for many cryptocurrencies like Bitcoin.
Why Blockchain Is Important?
Decentralization
In the Decentralization system, there is no involvement of a third-party system, Blockchain Technology is Decentralized. Here all the transactions are recorded on a ledger and monitored by computers. This gives people unprecedented access to options that are not available in the market. This property of Blockchain can help businesses create banks for the people. Yes, the majority of people in India do not have a traditional bank account yet, this feature of Blockchain provides an opportunity for people to create a bank account. All they have to do is just open an online account and have access to a digital wallet instantly.
Transaction Time is Reduced
Blockchain technology adds value to the business by lowering the time required for transactions. As we know time plays a significant role in Blockchain Technology. It eliminates the time that a normal or a traditional bank would take to complete your transactions. Blockchain Program is a multi-featured desktop wallet that makes it hassle-free for businesses and its users to monitor their funds.
Immutability
This technology is immutable and creates platforms for many businesses that want to operate their system more precisely.
Example: Supply Chain Management
This feature enables companies to track their packages on the way for production and ensures there is no hamper done. They can easily verify where their items and goods are along with the supply chain, and this removes guesswork and inefficiencies.
Security
Blockchain uses complex algorithms that add a layer of security to the data on the network. It uses cryptography to complete all transactions. Each block on the network carries a unique hash, that cannot be altered by a third- party system or hackers. This gives companies an assurance that all their data is stored securely.
Role Of Blockchain In various Business Sectors:
In Banking and Finance
Digital Financial Activities are the most benefited sectors due to Blockchain like digital assets, programmable money, and smart contracts.
Some of its uses are listed below:
  • Insurance, Sales, and trading
  • Payments for domestic and international
  • Fund Launch and Trade Finance Sectors.
In Healthcare
Healthcare is another important sector that benefits from Blockchain Technology. Patients need to carry documents while visiting hospitals, or sometimes it takes a lot of time to retrieve their medical history data. Blockchain technology serves as a solution to this problem. Some of its applications are:
  • Tracing Of Drugs
  • Clinical Trials
  • Patient Consent Management
  • Securing of Electronic Health Records(ETR’s)
In Supply Chain Management
Supply Chain Management involves the movement of work from the processing of raw materials till it has been delivered satisfactorily to the customers. Blockchain can be used in supply chain management for tracking, exchange of agreements, smart contracts, and payment. It will help businesses track their product from the time it is picked, up till it reaches the customers. Since Blockchain has a ledger and all the data is stored on it, therefore it can be shared with trusted parties. This reduces any kind of fraud, errors, and tracking fees in the business. Its application in Blockchain can be listed as below:
  • Tracking payment in Automotive Suppliers
  • In the food Industry (Example: Walmart)
  • Solar Power Microgrids
Ending Thoughts
The rise in Blockchain technology has already changed the face of the technology industry and will witness massive growth in the upcoming years. According to our team of experts in Blockchain Development Services, the market is expected to climb over 39 Billion U.S dollars in size by 2025 and 69% of Banks are currently exploring Blockchain.
submitted by UltimezTechnology12 to u/UltimezTechnology12 [link] [comments]

Official ColossusXT Q3 2020 AMA

Official ColossusXT Q3 2020 AMA
Welcome to the 11th official ColossusXT AMA! It has been an exciting year so far as we move closer to the launch of the Colossus Grid, and it's been interesting to see how COVID19 is affecting the world and the industry. The commitment to ColossusXT has never been stronger as we navigate these uncertain times due to COVID19. I will briefly go over development and business activities and if you have any additional questions about anything mentioned please drop a question in this AMA.
[DEV] As we move forward through Q3 the first thing you can expect is a mandatory wallet update in the coming weeks, this wallet update will allow you to convert your zCOLX back into COLX, along with some other notable features that we will dive into to discuss once the wallet is released. We're getting closer and closer to Armis release and the Colossus Grid release, which will prove to be an exciting time for the community to participate in testing and/or marketing activities.
[BIZ] We recently submitted a Project Pitch regarding ColossusXT to the National Science Foundation and have been invited to submit a full proposal. Should our proposal be accepted by the National Science Foundation we will be awarded 256,000 dollars for additional ColossusXT development, and continue onto Phase 2 proposals which will open up additional opportunities for ColossusXT research partnerships and additional funding opportunities.

https://preview.redd.it/gvypc52tjcm51.png?width=682&format=png&auto=webp&s=35af9143dea8f2294dc8c4c799810cee4add6e47
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This AMA will start on 10 September and end on 30 September.
The team will review and answer your questions no later than 14 October.
Before the AMA begins, everyone from the community can ask questions on this page and upvote/downvote according to your interest.
Rules:
Please do not reply to other user's questions until the team has answered. Try to be precise with your questions and be polite.
Contest: One person who asks a question will be chosen to receive 100,000 ColossusXT (COLX) and a ColossusXT T-Shirt!

https://preview.redd.it/cz6lixhzicm51.png?width=800&format=png&auto=webp&s=30ec43751a5556d11c5f26c3f7ab4a044494c73e

Processing img imldoefxgkm51...
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About ColossusXT (COLX):
ColossusXT is an open-source, community-driven, environmentally conscious cryptocurrency, and an alternative to bitcoin that features better anonymity. It allows people to store and invest their wealth in a non-government-controlled currency and make almost instantaneous and completely anonymous transfers with close to zero fees. Colossuscoin V1 was founded as a long-standing, energy-efficient and environmentally friendly digital cryptocurrency and this concept is being continued.
The question format can be seen below:
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Q: What is the Colossus Grid?
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A: ColossusXT is an anonymous blockchain through obfuscation, along with the utilization of Armis (I2P). These features will protect end-user privacy as ColossusXT evolves into the Colossus Grid. The Colossus Grid will connect devices in a peer-to-peer network enabling users and applications to rent the cycles and storage of other users’ machines. This marketplace of computing power and storage will exclusively run on COLX currency. These resources will be used to complete tasks requiring any amount of computation time and capacity, or allow end-users to store data anonymously across the COLX decentralized network. Today, such resources are supplied by entities such as centralized cloud providers which are constrained by closed networks, proprietary payment systems, and hard-coded provisioning operations. Any user ranging from a single PC owner to a large data center can share resources through Colossus Grid and get paid in COLX for their contributions. Renters of computing power or storage space, on the other hand, may do so at low prices compared to the usual market prices because they are only using resources that already exist.
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Q: Why does your blockchain exist and what makes it unique?
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A: ColossusXT exists to provide an energy-efficient method of supercomputing. ColossusXT is unique in many ways. Some coins have one layer of privacy. ColossusXT and the Colossus Grid will utilize two layers of privacy through obfuscation, and Armis (I2P) these will protect users of the Colossus Grid as they utilize grid resources. There are also Masternodes and Proof of Stake which both can contribute to reducing 51% attacks, along with instant transactions and zero-fee transactions. This protection is paramount as ColossusXT evolves into the Colossus Grid. Grid Computing will have a pivotal role throughout the world, and what this means is that users will begin to experience the Internet as a seamless computational universe. Software applications, databases, sensors, video, and audio streams-all will be reborn as services that live in cyberspace, assembling, and reassembling themselves on the fly to meet the tasks at hand. Once plugged into the grid, a desktop machine will draw computational horsepower from all the other computers on the grid.
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Important Information:
Website
Whitepaper
Roadmap
Business Plan
Wiki
Governance
Partners
GitHub
What is ColossusXT? (YouTube)
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Follow ColossusXT on:
Twitter
Facebook
Telegram
Discord
Forums
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Interested in joining the ColossusXT team?
Contribute to an Idea!
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AMA History:
2018 Q1 2018 Q2 2018 Q3 2018 Q4
2019 Q1 2019 Q2 2019 Q3 2019 Q4
2020 Q1 2020 Q2
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Bitcoin Basics: Opening A Bitcoin Wallet

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