Bitcoins Mining - so geht's - CHIP

GAIAcoin

GAIA coin is an alternative cryptocurrency based on Bitcoin. GAIA coin offers the security and reliability of the blockchain with an Extensible, Skinnable, Modular platform design. Wallet users can buy and sell items inside the built-in store instantly with Gaia currency. [url=http://www.gaiaplatform.com]read more[/url]
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Official Nyancoin Subreddit

Official NyanCoin Subreddit!
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If you need help or you're New to roms and emulation these are some tips

First thing first You need an Emulator i suggest RetroArch is a Newbie Friendly good all in one emulator this is a video to how to setup and use ReTrOaRcH
OpenEmu FOR MAC USERS THAT WILL NOT USE RETRO ARCH BECAUSE IT'S NOT ENOUGH LOOKING LIKE MAC UI OR THEY HAVE AN OCD OR something like that it's good anyways ( i didn't use it bc i'm not a mac user )
🕿︎♋︎◻︎◻︎●︎♏︎ ◻︎❒︎□︎♎︎◆︎♍︎⧫︎⬧︎ ♋︎❒︎♏︎ □︎❖︎♏︎❒︎◻︎❒︎♓︎♍︎♏︎♎︎✆︎
and a download Manger
Jdownloader ( download the jar version ) A photo to explain what to download (don't download the .exe version it has an adware in it ) and u need java
or idm u can trial reset with this
a torrent clients (credits to Piracy wiki)
for mobile ( torrent clients ) [credits to Piracy wiki]
stay away from [credits to Piracy wiki]
second you need sources to download roms these are the best sites + some tips
sites :
ziperto
No intro romset ( you can download it directly without a torrent you CAN FROM HERE ) (If you don't want to download the whole romset for the system press view content )
AlvRo's Collection
Vimm's Lair
The Eye
GamesTorrents ( of course if u can torrent )
MEGA-ROM
N(itro)blog
THE MEGATHREAD
RomsUniverse
MOBAsuite
IDK?? A WIKI FOR ROMpacks?????
The Old Megathread idk why u need it
A guy who uploaded some roms but he didn't get attention
ROMstorge ( idk how to use this site )
Roms WIKI
Another ROMs site
Edgeemu
EmulatorGames ( the name is baaaaaaaad )
ROMsDownload
WoW Roms
cdROMance
Startgame ( wtf is this name )
Retrostic
ROMulation
If u Want to Check if the site is safe go to here and comment ur site url
Emulator Files at Gametechwiki - BIOS files, menu files, etc ( credits to piracy wiki )
Tips :
Tip #1 : If you're in a country that hate piracy like USA or Germany ( i think Germany have dmca or something ?? idk ) etc. stay away from torrent and stay away from http sites
( download Https Everywhere extension and enable encrypt all sites eligible option by pressing on the icon of https everywhere ) even if your browser included with it . because it will warn you if the site is http...
Tip #2 : FBI will not raid your house ( because fbi will not waste there time on you )
Tip #3 : https is your best friend because it's encrypted that means if you go to a https roms site
your isp will see (random numbers and letters) .com/.net/.org/.to/.site etc.
Tip #4 : install an adblock i suggest Ublock Origin
Tip #5 : install a pop-up blocker if you have a chromium based browser like Brave, Chrome, New Edge etc. i suggest this ( if you know a better one please give me the link ) poperblocker
Tip #6 The MegaThread is your OTHER BEST FRIEND if you want an rom head to the megathread and press ctrl + F and search ;)
Tip #7 DON'T DO NOT OPEN ANY ANY ANY .MSI .EXE/.DMG/.DEB or ANY OTHER FILE THAT you CAN OPEN WITHOUT AN EMULATOR THE FILE IT'S 2000% A VIRUS ( EXCEPT WHEN you DOWNLOAD RETRO ARCH [ or any other emulator OF COURSE ] ) AND DON'T OPEN .BAT FILES ( except if they are the 3ds decrypting tool or if they are from a TRUSTED PLACE ) IT CAN DELETE SYSTEM32 FILE AND IT'S ONE OF THE MOST IMPORTANT FILES IN WINDOWS.
Tip #8 Emulating is Legal but Downloading ROMs is ILEGAL ( OF COURSE IF you're LIVING IN A COUNTRY THAT DMCA IS A HOLY THING ) ;-)
Tip #9 If you're suspicious of a file u can scan it on VirusTotal or Hybird Analysis ( you need to upload the file because it will open it on a vm in there sever ).
Tip #10 I recommend using a controller if you have a xbox controller just connect it to your pc and you're good to go BUT if you have a dualshock controller (ps controller )
use DS4 Windows ( if you have a windows pc ) ( I Know it's the fork bc the og creator stopped working on it in 2016 or somthing like that )
or any other controller .
Tip #11 If you download a rom and it came in .rar .zip .7z .r001( if the rom came with multiple files like .r001 .r002 .r003... you need to extract just a one file) etc. you can use 7-ZIP or Winrar ( don't worry 40 days trial doesn't end ).

Tip #12 if the rom came in this order rom.rar.exe don't think to open it and if you hide the extension file from showing from the file name it will show like rom.rar but it's actually a .exe or .dmg etc.

Tip #13 if you have a linux pc or a mac that doesn't mean you will not get infected even Temple OS have malwares ( if you don't what's a malware is [Malware is any software intentionally designed to cause damage to a computer, server, client, or computer network. A wide variety of malware types exist, including computer viruses, worms, Trojan horses, ransomware, spyware, adware, rogue software, scareware, Backdoors, Rootkits, and Remote Access Tools (R.a.t) etc.])​.
Tip #14 if u tired of link shorters and etc. use universal Bypass
Tip #15 Some good emulators :
Dolphin - a wii and gamecube emulator ( check the compatibility list to check if the game work )
Citra - 3DS emulator ( check the compatibility list to check if the game work )
BSNES HD beta - if u want to play snes games on HD
PCSX2 - the best ps2 emulator
EPSXE - a little bit old but it's good (ps1)
DON'T use zsnes ( a guy on the comments said that )
RPCS3 - PS3 ( check the compatibility list to check if the game work )
Xenia - Xbox 360 ( check the compatibility list to check if the game work )
Cemu - WiiU Emulator ( check the compatibility list to check if the game work )
a Decryptor for 3ds games if citra won't open the rom HERE
DeSmuME (OLD) - DS ( if u have a good ds emulator give me the link pls )
Project64 - N64
DOSBox - DOS emulator ( check the compatibility list to check if the game work )
mGBA - Game Boy Advance emulator
THERE ARE CURRENTLY NO EMULATORS FOR XBOX ONE. ANY YOUTUBE VIDEOS CLAIMING TO OFFER THEM ARE SCAMS

IF U HAVE any other emulator pls link it in the comments <3
Tip #16
Romsmania
CoolRoms
etc. are NOT SAFE
if you have any other tips share it =)
submitted by real_nyha454 to Roms [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]

Local NBC Website Just Say No

I have nothing against the network or their local affiliate. Their website is a travesty. It hijacks my browser like no other site on the web. It often freezes me for over a minute. This is on a state-of-the-art Surface 7, fully patched and working on everything else. Just now trying to read up on the closure of Pink Bar, it took 5 minutes of killing the browser processes to and a reboot, killing the browser a number of time to prevent it from reloading the page. Only the NBC site does this.
I don’t know what their IT guys are doing but stop it. I am not even contacting them (as It would be done via the internet). Will be blocking their domain, so nothing gets clicked on by accident. If anyone has a contact there tell them, if you are having this problem tell them, if you are from NBC fix your shit.
I don’t know if you are bitcoin mining, just have shitty ad-servers or you are infested; in any event fix your site. I think I’ll forward this to the other networks.
submitted by blatherer to sandiego [link] [comments]

Happy Halloween - Updated Audit Status of Canadian Cryptocurrency Exchanges

Masks meant something different one year ago when I posted the highly popular “Happy Halloween - Audit Status of Canadian Cryptocurrency Exchanges”. Since then,
  1. We’ve had 20 more cryptocurrency exchange incidents globally.
  2. Canadian exchanges have seen massive progress - in at least a couple of exchanges.
  3. We’ve seen the collapse of Einstein which took millions of dollars more from Canadians. And we saw the OSC crackdown on the inflated trading volume on CoinSquare.

Blockchain provides the full ability for exchanges to prove asset backing, yet we continue to have to guess which platforms are backed. In an effort to help Canadians find the exchanges which are most transparent, we divide platforms into 5 categories:
If Proof of Reserve or another form of verification was standard on all exchanges, people like Gerald Cotten and Dave Smilie wouldn’t have been able to pull off massive fraud, and cases such as Einstein would have been known long before it resulted in insolvency. Supporting exchanges that don’t provide public validation or transparency is supporting fraud. Even if the platform is 100% honest, they are setting a dangerous standard that enables other fraudsters to hide in plain sight.

Dead Platforms/Incidents

FlexCoin - As “the world's first bitcoin bank” that’s “not a true bank”, FlexCoin provides “a central location for all of your bitcoins”. “Bitcoins deposited with flexcoin will be stored on [thei]r secure servers” so you can “send bitcoins to non-technical individual[s] via e-mail”. Unlike blockchain, “flexcoin to flexcoin transfers are free”.
MapleChange - “[S]wift, reliable and to-the-point!” “One of [their] primary concerns is security for [their] customers'' which is why “keys are cryptographically encrypted”. More Canadian than anyone! Excuse me while we hold the door open to our crypto! "[W]ithdraws(sic) are next to instantaneous", "rel[ying] solely on the aspect of swiftness"!
Canadian Bitcoins - Funds stored for convenience in a professional Rogers data center, which has the highest level of courtesy and customer service - always going above and beyond to provide expedient service whenever a request comes in!
CoinTradeNewNote - A “meticulously engineered Bitcoin Exchange” “focused on security and tak[ing] these risks seriously”. “[Y]ou don’t have to worry”, they have “90+% cold storage” and their “cold storage is fully insured by Xapo”. Plus, as “a registered Canadian corporation” they “leverage the good guys to fight the bad guys”.
Einstein - You can get “your money deposited and withdrawn faster than any other exchange”. As one customer said "With so many hacks and exit scams, it gives me confidence knowing Einstein is backed by hard-working people just like me." Just check the user experience on their subreddit from their "220,000+ satisfied customers".
EZ-BTC - As the world’s “most user-friendly and bespoke crypto currency management platform”, they have “strong security”. “All your coins are kept in cold storage. They’re safe.”. The presence of physical ATMs was one of the strategies to build customer confidence for their promised 9% annual return on stored funds.
QuadrigaCX - Operating since 2013, with “vast cryptocurrency reserves” right up to the end. "Bitcoins that are funded in QuadrigaCX are stored in cold storage, using some of the most secure cryptographic procedures possible." Even today some of the funds remain 100% secure in their cold storage!
If there are any others I missed, let me know!

No Verification Found

BitVo - Whether “Canada's premier cryptocurrency exchange” or merely “on a mission to become Canada’s premier cryptocurrency exchange”, we have to praise BitVo’s security for including “multiple signatures of a select group of trusted individuals” which are “not connected to the exchange platform or a network”. It is unfortunate that such common sense concepts are “proprietary” instead of the standard on all Canadian platforms. While assuring that they operate “on a full-reserve basis” and talking about “transparency”, the proof is lacking and nothing indicates it to have been verified externally or even internally. The withdrawal-based fee structure incentivizes users to keep funds “safe and secure” on the platform - which is “owned and operated by banking and security experts”. The “banking” side shows for sure in these hidden fine-print fees, which go well with transparency.
CoinField - Apparently no longer the "most secure trading platform in Canada" but now instead the “Best Bitcoin & Cryptocurrency Exchange In Canada” - based in Estonia and no longer having a Canadian office. They’re “fully regulated” in 193+ countries, except for the period between October 2019 and June 2020, when they weren’t even registered as an MSB. They offer a huge range of trading pairs except for the ones you need, with high liquidity except for the pairs that don’t have any, and you can withdraw and trade all of your funds as long as you leave a small amount behind at every stage.
CoinSmart - Not sure what "[i]ndustry leading cold storage" is, but luckily it’s “bank level”. No mention of multi-sig. They’re so "accountable to [their] clients, community and to each other" and "committed to being open and honest" that they don’t include any audit. Deposits are easy and withdrawals are fun - like a video game. Advance through each stage to prove your willpower, complete with warnings, SMS verification that doesn’t display errors (but luckily you can change the number to anything at all without further verification), and even an elaborate high-resolution selfie requirement you have to email in. If you can’t complete or don’t feel comfortable sending info via email, your money is held hostage - no big deal at all really.
Coinut - As "the most secure cryptocurrency exchange", they provide “a comprehensive cryptocurrency exchange platform for trading cryptocurrencies”. (Not to be confused with a cryptocurrency exchange platform for trading coconuts.) They’ve been “running securely for about three years” “by storing cryptocurrencies offline” in a single “offline computer”. In addition to not using multi-sig and "not us[ing] USB drives, as the online computer may be infected with virus", they also don’t appear to use audits or any form of public verification.
NDAX - “Canada’s most secure trading platform” to "set the standard for the Canadian cryptocurrency industry". While NDax promotes “segregated accounts” and “95-98% of user funds in an offline, multi-signature wallet”, there’s nothing to indicate backing of assets on the platform. While apparently partnered with a Canadian bank, the bank is not revealed. No audit found but at least there’s a full-page risk disclosure and disclaimer. You can sleep peacefully knowing that they’re legally protected, even “for losses suffer(sic) to you as a result of any defaults of by(sic) insolvency of other Users.” What does that even mean? Apparently, even with their industry-record withdrawal fees, they couldn’t afford a legal team with proper grammar.
Newton - Newton was one of the first to announce third party custody. You should give your funds to Newton, because they’ll give them to Balance, and they’ll do this for free! And “[m]ultinational companies trust” Balance. According to the Balance terms, “the digital assets you purchase via the Platform are not protected by any government or other insurance”. "Prospective clients...will hold the entire liability associated with purchasing a Digital Asset Cache™️ and using [Balance] services, potentially including partial or total loss of capital." "Balance does not represent or guarantee that the Balance Platform will be free from loss, corruption, attack, viruses, interference, hacking, or other security intrusion, and Balance disclaims any liability relating thereto." "No data transmission over the Internet can be guaranteed to be 100% secure, and as a result [they] cannot ensure or warrant the security of any information you transmit to [them]." "You are solely responsible for maintaining the confidentiality and security of your Account." If someone else should “[w]ithdraw the digital assets in your DAC to [thei]r external digital wallets as soon as within the same business day.” "Balance shall not be responsible for any losses arising out of the unauthorized or other improper use of your Account." The security of Balance custodianship comes down to (a) proprietary “HSMs” tested by their team of experts are more secure than hardware wallets tested by thousands of teams of experts around the globe, (b) a standardized and documented system of physical security in facilities accessible to a select number of people is superior to a combination of unique physical security, exclusive signing procedure, and complete locational secrecy that could be employed separately by multiple reasonably competent individuals, and (c) placing your trust in the team of Newton, the team of Balance, and the security of a website is more secure than simply trusting a single team to manage the private keys in an offline multi-sig fashion.
While Balance has an extensive page on security and internal controls, I was unable to locate any audit nor verification that the assets on Newton or custodian Balance are actually fully backed against deposits. From the demo page, we can see that Newton has visibility to see their balances on Balance, so at least Dustin and the team can check diligently and make sure they aren’t taken. Why not give some of that visibility to your customers? Why has Newton, which has been a leader in so many other areas (“commission-free”, working to get the best rates, etc…) not been a leader in putting together any level of public visibility to the backing of customer funds on their platform?

Apparent Verification

CoinBerry - CoinBerry uses the best practice of offline multi-sig for the storage of all customer funds, a set-up that, to date, has a breach-less record historically. Assuming the private keys are properly managed by separate trained people, CoinBerry client funds are thus stored in what’s essentially a giant cold storage wallet, with all withdrawals handled and verified by multiple people before being approved. However, this model is still subject to the platform being tricked into releasing funds as may have happened in August 2020. What they haven't done is transparently admitted and explained how the breach occurred, which can be an opportunity to highlight security improvements and help other platforms avoid similar issues. Instead, they've recently purchased insurance to cover future incidents. It's hard to judge from a few excerpts of what’s likely a multi-page (or even a multi-chapter) policy, but it would be the first time that insurance has ever paid out in the history of cryptocurrency. A multi-platform insurance strategy could be cheaper, more comprehensive, and more likely to pay out than third party insurance.
CoinBerry is “trusted by Canadian Municipalities”, a deal that enabled “the first payment of property taxes with Bitcoin in Canadian History”. They reportedly also “undergo annual 3rd party financial statement audits”. From records, these appear to be conducted by the firm MNP which is an accounting firm. CoinBerry has not, however, publicly declared themselves to be “fully-backed”, nor have they published any verification on the backing level of funds on the platform. Rather the audits are “secret”. This is concerning given the large referral bonuses paid out by the platform to new customers (including a popular $25 referral bonus for purchasing $50 of bitcoin), multiple issues with withdrawal delays, including one affecting hundreds of customers earlier this year, and the slow increase to their “fair pricing and industry-leading low fees.” Fees have gone from 0.5% to 1%, to a tiny sentence about “adding a margin, or spread, of between 0% and 2% to the rate offered by [thei]r liquidity sources”. Luckily, they “don’t hide fees across your trading experience.” In case you should sign up and find that (up to 2%) rate to be too high, “[a]ccounts requesting a withdrawal of Fiat or Crypto currency in original form, without conducting a trade will be...charged an account maintenance fee calculated as the larger of $25 or 5% of the total amount requested.” You will also need to pay additional “mining fees for crypto withdrawals”, which significantly exceed typical transaction costs and are only mentioned in the fine print of their fees page. CoinBerry has publicly expressed agreement that you should not store funds on cryptocurrency exchanges including their own. Neither their insurance nor world-class security will do anything whatsoever if their platform goes insolvent.
CoinSquare - CoinSquare has had a rough year, most notably with being publicly declared as having inflated trading volume and having to pay multi-million dollar fines. As usual, the Reddit community was already on top of this and apparently, some staff at the company were even open about it. Ironically, one could argue that their dishonest practice did more to stand up to Quadriga than regulators ever did, may have saved thousands of Canadians from losing their funds, and may even have been a key factor in bringing Quadriga down. It remains to be seen what will become of the shell of one of Canada's oldest exchanges. It would be the ultimate in poetic irony if the actions of the OSC to protect CoinSquare investors ultimately destroyed the full value of their investment. If that plays out, I'm sure they will heap praise on the OSC for so publicly and fragrantly shaming CoinSquare for a practice which was similarly employed on other exchanges globally and which they'd already voluntarily ceased months prior to the conclusion of the 6-figure investigation and 7-figure fines.
That said, CoinSquare already had a lack of visibility into their security practices, which they describe as “100% proprietary”. This would imply the team at CoinSquare is smarter than established security standards by experts all around the world at protecting your funds, contradicting previously reported incidents. They describe “SSL and 2FA”, which are more or less standard features of all exchanges. A “95% cold storage” policy is low compared to many other platforms, and it doesn’t appear to be mentioned whether multi-sig is being employed or not. And of course, their apparent regular audits are not public (allegedly by “a national accounting firm whose identity is protected under an NDA"). They’ve routinely described themselves as solvent rather than fully backed.
Kraken - A kraken is “an enormous mythical sea monster”, and likewise Kraken, the exchange, is enormous, the largest and oldest exchange platform in North America. Kraken recently achieved the momentous accomplishment of becoming the first cryptocurrency exchange to be a regulated bank by completing a charter in the state of Wyoming. Kraken calls itself the “most trusted cryptocurrency exchange” and apparently “provides world class financial stability by maintaining full reserves, healthy banking relationships and the highest standards of legal compliance”. While many individual Kraken customers have been hacked, the platform overall never has, which is an impressive record.
Similarities abound further. According to legend, kraken exist off the coast of Norway. According to alleged court papers, Kraken operated illegally in the state of New York. Should you encounter a kraken, you may be best to leave silently. If you should work at the counter for Kraken, you may be legally silenced. One of the former employees for Kraken alleges wrongful dismissal and that the bank accounts of Kraken are actually running millions of dollars short of where they should have been. But don't worry - Kraken’s website features a Proof of Reserve page, stating that “[o]ver the past several weeks, Kraken has successfully developed and completed an industry-leading, independent, cryptographically-verified audit.” But the page was written in 2014 and among the long list of limitations, the process does not enable any validation on the blockchain. Kraken hasn't done any validation or publishing of reserves in 6 years and counting.
NetCoins - Once upon a time, the cofounder of CoinTrader (sound familiar?) decided to found a new exchange - “Canada’s easiest, most trusted way to buy and sell crypto”. As they say on the FAQ, “[t]rading cryptocurrency is completely safe”. Having your own wallet is “entirely up to you! You can certainly keep cryptocurrency, or fiat, or both, on the app.” “Get verified in minutes!” While comforting to know that parent corporation BIGG Digital Assets is audited by Manning Elliott LLP and they have “[r]eal human beings you can get in touch with easily”, this doesn't make up for no visibility whatsoever into how funds are stored or what portions are backed.

Full Backing Report

There are only two exchanges in Canada meeting these criteria.
BitBuy - BitBuy has operated since 2016, and was the very first to get a “Proof of Reserve and Security Audit Report” from third party CipherBlade. Since that time, they’ve also established themselves as the first company to get two separate third party validations, with the second one from Blockchain Intelligence Group. The platform’s initial operation as a non-custodial “Express Trade” model lends additional credibility. Therefore, with now two independent third party reports, BitBuy maintains the title as the most transparent exchange in Canada.
However, “Bitbuy has moved its existing bitcoin holdings over to Knox”. You now have to trust both teams and platforms for the security of your funds. This is described by them as an “industry leading push for best practices”. Insurance is of course “subject to the full policy terms, conditions and exclusions”. And “Bitbuy will be Knox’s first platform partner”. Knox has never done this before for any other platform. Their security model is “a mouthful for most”, but let’s break down their pitch. They have “air-gapped specialized hardware”. So is a standard typical hardware wallet. It’s running “custom policy logic”, which could be a good or a bad thing depending on the logic. Their logic has probably been vetted by a single team of experts, which is a standard shy of most hardware wallet protocols vetted by thousands of experts globally. They use a “dual-control operational model”, which if you look up dual-control, it actually refers to the fact that the functionality of the module is simultaneously performing actions and being monitored”. It allows one to “experiment with the system so as to learn about its behavior and control it better in the future” which you can decide for yourself if that’s a good thing to have or not in the hardware that controls withdrawals of an active exchange platform. There is “offline transaction processing”, which again is a standard feature of a hardware wallet. “Geographically distinct facilities” is a good idea, though easily achieved by not storing all the private keys in the same place. Saying that the facilities “communicate in a closed network” is an interesting concept. How can you know that a network is closed? If the facilities are close together, they can be breached together. If far apart, someone can get in the middle. The network is no longer closed the moment any part of it is breached. I can go on and on and break down every one of their systems if I have to, but instead, I’ll quote their own security advice about “minimizing the attack surface of the entire key lifecycle”. The minimum attack surface for a private key is having an individual generate it secretly and securely using a process which is vetted by hundreds of security experts around the world, and not relying on a third party to have to control anything to do with that key. This is already available from most standard hardware wallets, with experts debating whether other advanced experts can find a way to extract the key with access to extremely sophisticated equipment and physical access to the hardware. The best and most efficient way to mitigate a weak or corruptible party is through multi-sig where all parties have to sign the transaction. Adding intermediary custodians instead means funds are lost when any one of them is breached, and when using the same in-house hardware as Knox does, any vulnerability on that hardware or supply chain can compromise multiple wallets at once.
Now, insurance. The policy isn’t public on its website. It gives high-level features only. What’s astounding is that “collusion” is considered a break-through, which says a lot about the state of third party insurance in the space. I requested an example policy from their team. Their response was that it was “proprietary” and that they only “go over it with serious buyers”. In other words, no one has visibility to the actual policy details of what’s really covered outside of BitBuy or Knox, and neither party has any incentive to present that information objectively. For now, until someone cares to prove me wrong, I’ll quote their own website, “[m]ost policies covering Bitcoin theft and loss fall short and provide a false sense of security”.
One of the issues with the BitBuy validation is that it offers no visibility whatsoever for customers to know if their balances were included in any of their third-party validations. As such, BitBuy could have excluded any number of customers and passed both verifications with flying colours. That's why it isn’t a full Proof of Reserve. Also, they stopped talking to me again. But I still believe that BitBuy is one of the least worst platforms, now with reserves verified by two separate third parties.
ShakePay - Firstly, congratulations. The formerly trustless raccoon has now got a third party validation - a key step forward. The ShakePay platform is incredibly good at marketing, with the most powerful “Shaking Sats” program to literally get thousands of Canadians to think about buying more cryptocurrency every single day, or at least to pay homage to their great raccoon mascot. More recently, ShakePay completed a security assessment provided by CipherTrace, and added further insurance. CipherTrace found that reserves appeared to be fully backed including extensive analysis of the transactions and provided data.
ShakePay could be upfront that they charge a market spread or list the buy and sell prices. Instead, they promote the service as “no fees” and list only one price for bitcoin or ethereum, the only coins they sell. To find the model you have to click through to a separate page. The spread and pricing information is only ever available from within a registered account. ShakePay does not offer any additional trading functionality or coins.
ShakePay states that the “majority of all digital currencies are stored securely offline”. The CipherBlade report found this ratio was at “93% of Bitcoin and 91% of Ethereum” in cold storage at the time of the report, though it “var[ies] periodically to some degree throughout the day”. The report refers to a “multi-signature wallet interface”, which they later call a “service to access its sending and receiving multi-signature wallets”, which apparently also “does not have control over cryptocurrency in the hot wallets”. This part doesn’t exactly make sense, as one would most likely consider “access” to a “sending” function as “control”. Apparently, this “not mentioned” service is “without any known security risks” and there are also “redundancy measures” in place as well. Whatever that means in the context of irreversible transactions is a mystery.
However, the majority of funds are no longer stored with ShakePay but have now been given to an undisclosed “trust company registered under the NYDFS”. The “variety of security protocols” in place here include “address whitelisting”, the only policy they are willing to disclose publicly “for security reasons”. While ShakePay won’t identify the third party, “CipherBlade can confidently conclude that Shakepay controls these cold wallets” even though “they are controlled by [the] cold storage provider” and “the cold storage provider ultimately holds the private keys”. ShakePay does receive “an account statement” “which includes applicable wallet addresses and balances held” and “[d]ata found on the blockchain was also in line with information found on these statements.” It will be interesting to see in one of many “quite unlikely” events what “the cold storage provider’s policy and Shakepay’s own policy” would cover, given that the details of both policies are completely secret. Luckily, “[t]he vast majority of Shakepay customers who purchase cryptocurrency on the Shakepay platform withdraw it promptly thereafter.”
It’s important to note that this report is not a Proof nor an Audit (as originally named). “The reviewer is not a professional accountant, and CipherBlade has not performed a professional financial audit or an audit of internal controls and expresses no assurance on the accounting records of Shakepay.” ShakePay was happy to remove “audit” but they still continue to insist on calling this a “proof”, when it’s not. They claim “Proof of Reserves can have a variety of setups” and they cited Nic Carter’s blog post, which also listed all the criteria for the proof, which they did not meet. In discussion with Nic (who is amazingly open to chat), he’s agreed “what they are doing is not a full PoR” and he “didn’t believe it would be a widely consulted thing - [he] was mostly doing it to encourage custodians to take PoR seriously”. The point of a “proof” and why it’s called a “proof” is because it leaves no doubt. A Proof of Reserve needs to prove the reserves - that funds exist on the blockchain, are spendable by the platform, and fully back the assets of any customer who bothers to check. ShakePay’s does not.

Proof of Reserves

Presently all platforms in Canada have refused to provide visibility to the public blockchain entries backing funds on their platform. They have refused to sign a proof of spendability for any funds they control. All claims and verifications have been against customer lists provided by the platform with no ability for any customers to validate they were included. This is a recipe for more Gerald Cottens and Dave Smillies.
I understand Proof of Reserve is not practical for all platforms. I was able to come up with an alternative that doesn’t require public blockchain visibility, could be implemented today using reputable third parties, and effectively validates all customers are included.

How We Could Have Safe Exchange Platforms In Canada

The first and largest issue has always been a lack of transparency. Far more funds have been lost to fraudulent platforms and wallet services than hacks. Honest platforms need to be giving greater visibility and certainty to their customers to make fraud obvious.
Secondly, no platform employing offline storage and multi-sig has ever been breached. We need to agree on the basic standards of what it takes to keep assets secure and create an environment where best practices are shared instead of hidden between platforms.
And thirdly, third party insurance incentivizes high fees, it limits coverage, and it does everything possible to avoid a payout. We need an organized insurance strategy that is run by platform operators and overseen with the full protection of Canadians in mind.


What’s possible is exciting, but not guaranteed. There are a lot of irreversibly horrible futures which are even more likely if we merely sit back and watch.
submitted by azoundria2 to QuadrigaInitiative [link] [comments]

bchDNS and Generalizing Bitcoin 2020

Happy upgrade day everyone!
Now, as the drama is the past, and we have the best team of developers focusing on moving Bitcoin forward, I would like to bring up the topic that has first being brought up exactly 10 years ago on bitcointalk. That is, adding DNS capabilities to Bitcoin. The thread is in many ways wonderful and I recommend it as a reading if anyone missed it.

The (tl;dr) story

The decentralized dns was a dream long before Bitcoin was alive, and the problem was well formulated as u/zooko's triangle. I would dare say decentralized dns was as much desired as decentralized currency. It just so happened bitcoin came first.
So people began discussing how to utilize bitcoin to bring decentralized dns to life. There were different proposals like integrate it into bitcoin, or make it a separate blockchain. The discussion was hot, but then Satoshi came in and expressed his opinion that separate blockchain under the same cpu power was the way to go. The Namecoin was born a bit later as a separate chain to be merged mined with Bitcoin. Fun fact, this thread was one the last places where satoshi participated in discussions before leaving the forum.
Satoshi's proposal was extremely clever tech-wise, but it didn't turn well for Namecoin as it was basically forgotten, despite it's a coin with total hash rate that exceeded Bitcoin Core's during btc/bch oscillations. It may very well be the time has yet to come for Namecoin. One thing is for sure – if dns was integrated into bitcoin, the progress in that scene would have been much greater to this day. For example, the coin addresses would have been a thing of the past the same way ip addresses are. And all that today. And I would dare suppose many browsers and linux distros would have this system integrated. It's easy to see this from today's perspective, but it was impossible ten years ago.
What's following is a little insight around what's going on with namecoin today, my speculations about the foreseeable future and my proposal for the present.

Namecoin and Tor Browser

For the past several years enormous work has been done by u/biolizard89 and the team in terms of integrating namecoin name resolutions into a browser. This is all being done in the context of Tor Browser, because that's where decentralized domains are needed the most nowadays. Today, Namecoin name resolutions is an opt-in feature in nightly Tor Browser on gnu/linux builds. You can watch Jeremy Rand's talk to get the more detailed picture about the progress and design principles of that integration. I will just provide a high-level overview below.
This whole integration is basically an electrum wallet built into a browser, capable of resolving names through nmc-enabled electrumx servers. The client/server communication is tunneled through tor. The key thing here is that Jeremy made a fantastic work stripping everything fatty from electrum to achieve very browser friendly ~3mb binary.

Speculation

That being said, we are nearing the time namecoin is resurrected from ashes of coinmarketcap ratings. It's hard to time the events, but that will happen for sure. From there on the adoption will explode. In two-three years we will have ToFirefox/Brave to name a few browsers that will embrace decentralized dns. The question is, will other coins embrace Namecoin, or will they integrate it into their chains? The temptation would be too high for many projects to integrate it. For example, zcash may include name registrations much faster than namecoin will enable private transactions, thus zcash based dns will provide more value as the dns system for Tor.
Despite it's possible to have several tld's in a single chain, namecoin will more likely be focused on a single one, which is dot bit. Other coins will provide their own tld's, forming a fully parallel and independent (and even more decentralized) dns layer with many tlds, each providing benefits based on underlying blockchain value. For example, zcash-based tld will allow for fully anonymous domains etc.

Proposal

I propose to the Bitcoin community to reevaluate the decision made 10 years ago about not integrating the dns system into blockchain. The whole dns 'layer' is 3 new opcodes – name_new, name_firstupdate, and name_update and a little bit of code to glue that. The solution is truly battle tested, and if the community believes in idea that bitcoin must take and integrate all the best from the industry to compete and win, name registration is the well baked stuff.
By integrating the dns in our blockchain we may provide additional value and fix several mistakes. First, name registration in our TLD may be much more expensive, making it harder to namesquat the TLD. As Julian Assange pointed out in a famous interview from 2011:
JA OK, so, once you have a system of currency that is easy to use like that, then you can start to use it for things that you want to be scarce. What is the example of some things that we want to be scarce? Well, domain names. Names. We want names to be scarce. We want short names to be scarce, otherwise if they are not scarce, if it doesn’t take work to get them, as soon as you have a nice naming system, some arsehole is going to come along and register every short name themselves.
The short name scarcity was hard to implement ten years ago, it’s darn easy when underling currency is valuable. The .bch TLD may provide access to short names, while .bit may work well for general audience.
Second, we may have non-expiring names to solve financial and social id’s. That alone will solve a huge wallet usability problem in a nicest way possible. I am fully aware of u/JonathanSilverblood CashAccounts, but they rely heavily on 3rd parties to provide indexing, while op_code based names can be resolved and verified using SPV, which is proven, robust and long term solution. Besides improving wallet UX, such naming system will greatly benefit maturing Memo protocol, where users will be able to have unique names.
The P2P ecash combined with decentralized naming system is the powerful mixture, if you think a bit!
edits:
submitted by shengchalover to btc [link] [comments]

Dragonchain Great Reddit Scaling Bake-Off Public Proposal

Dragonchain Great Reddit Scaling Bake-Off Public Proposal

Dragonchain Public Proposal TL;DR:

Dragonchain has demonstrated twice Reddit’s entire total daily volume (votes, comments, and posts per Reddit 2019 Year in Review) in a 24-hour demo on an operational network. Every single transaction on Dragonchain is decentralized immediately through 5 levels of Dragon Net, and then secured with combined proof on Bitcoin, Ethereum, Ethereum Classic, and Binance Chain, via Interchain. At the time, in January 2020, the entire cost of the demo was approximately $25K on a single system (transaction fees locked at $0.0001/txn). With current fees (lowest fee $0.0000025/txn), this would cost as little as $625.
Watch Joe walk through the entire proposal and answer questions on YouTube.
This proposal is also available on the Dragonchain blog.

Hello Reddit and Ethereum community!

I’m Joe Roets, Founder & CEO of Dragonchain. When the team and I first heard about The Great Reddit Scaling Bake-Off we were intrigued. We believe we have the solutions Reddit seeks for its community points system and we have them at scale.
For your consideration, we have submitted our proposal below. The team at Dragonchain and I welcome and look forward to your technical questions, philosophical feedback, and fair criticism, to build a scaling solution for Reddit that will empower its users. Because our architecture is unlike other blockchain platforms out there today, we expect to receive many questions while people try to grasp our project. I will answer all questions here in this thread on Reddit, and I've answered some questions in the stream on YouTube.
We have seen good discussions so far in the competition. We hope that Reddit’s scaling solution will emerge from The Great Reddit Scaling Bake-Off and that Reddit will have great success with the implementation.

Executive summary

Dragonchain is a robust open source hybrid blockchain platform that has proven to withstand the passing of time since our inception in 2014. We have continued to evolve to harness the scalability of private nodes, yet take full advantage of the security of public decentralized networks, like Ethereum. We have a live, operational, and fully functional Interchain network integrating Bitcoin, Ethereum, Ethereum Classic, and ~700 independent Dragonchain nodes. Every transaction is secured to Ethereum, Bitcoin, and Ethereum Classic. Transactions are immediately usable on chain, and the first decentralization is seen within 20 seconds on Dragon Net. Security increases further to public networks ETH, BTC, and ETC within 10 minutes to 2 hours. Smart contracts can be written in any executable language, offering full freedom to existing developers. We invite any developer to watch the demo, play with our SDK’s, review open source code, and to help us move forward. Dragonchain specializes in scalable loyalty & rewards solutions and has built a decentralized social network on chain, with very affordable transaction costs. This experience can be combined with the insights Reddit and the Ethereum community have gained in the past couple of months to roll out the solution at a rapid pace.

Response and PoC

In The Great Reddit Scaling Bake-Off post, Reddit has asked for a series of demonstrations, requirements, and other considerations. In this section, we will attempt to answer all of these requests.

Live Demo

A live proof of concept showing hundreds of thousands of transactions
On Jan 7, 2020, Dragonchain hosted a 24-hour live demonstration during which a quarter of a billion (250 million+) transactions executed fully on an operational network. Every single transaction on Dragonchain is decentralized immediately through 5 levels of Dragon Net, and then secured with combined proof on Bitcoin, Ethereum, Ethereum Classic, and Binance Chain, via Interchain. This means that every single transaction is secured by, and traceable to these networks. An attack on this system would require a simultaneous attack on all of the Interchained networks.
24 hours in 4 minutes (YouTube):
24 hours in 4 minutes
The demonstration was of a single business system, and any user is able to scale this further, by running multiple systems simultaneously. Our goals for the event were to demonstrate a consistent capacity greater than that of Visa over an extended time period.
Tooling to reproduce our demo is available here:
https://github.com/dragonchain/spirit-bomb

Source Code

Source code (for on & off-chain components as well tooling used for the PoC). The source code does not have to be shared publicly, but if Reddit decides to use a particular solution it will need to be shared with Reddit at some point.

Scaling

How it works & scales

Architectural Scaling

Dragonchain’s architecture attacks the scalability issue from multiple angles. Dragonchain is a hybrid blockchain platform, wherein every transaction is protected on a business node to the requirements of that business or purpose. A business node may be held completely private or may be exposed or replicated to any level of exposure desired.
Every node has its own blockchain and is independently scalable. Dragonchain established Context Based Verification as its consensus model. Every transaction is immediately usable on a trust basis, and in time is provable to an increasing level of decentralized consensus. A transaction will have a level of decentralization to independently owned and deployed Dragonchain nodes (~700 nodes) within seconds, and full decentralization to BTC and ETH within minutes or hours. Level 5 nodes (Interchain nodes) function to secure all transactions to public or otherwise external chains such as Bitcoin and Ethereum. These nodes scale the system by aggregating multiple blocks into a single Interchain transaction on a cadence. This timing is configurable based upon average fees for each respective chain. For detailed information about Dragonchain’s architecture, and Context Based Verification, please refer to the Dragonchain Architecture Document.

Economic Scaling

An interesting feature of Dragonchain’s network consensus is its economics and scarcity model. Since Dragon Net nodes (L2-L4) are independent staking nodes, deployment to cloud platforms would allow any of these nodes to scale to take on a large percentage of the verification work. This is great for scalability, but not good for the economy, because there is no scarcity, and pricing would develop a downward spiral and result in fewer verification nodes. For this reason, Dragonchain uses TIME as scarcity.
TIME is calculated as the number of Dragons held, multiplied by the number of days held. TIME influences the user’s access to features within the Dragonchain ecosystem. It takes into account both the Dragon balance and length of time each Dragon is held. TIME is staked by users against every verification node and dictates how much of the transaction fees are awarded to each participating node for every block.
TIME also dictates the transaction fee itself for the business node. TIME is staked against a business node to set a deterministic transaction fee level (see transaction fee table below in Cost section). This is very interesting in a discussion about scaling because it guarantees independence for business implementation. No matter how much traffic appears on the entire network, a business is guaranteed to not see an increased transaction fee rate.

Scaled Deployment

Dragonchain uses Docker and Kubernetes to allow the use of best practices traditional system scaling. Dragonchain offers managed nodes with an easy to use web based console interface. The user may also deploy a Dragonchain node within their own datacenter or favorite cloud platform. Users have deployed Dragonchain nodes on-prem on Amazon AWS, Google Cloud, MS Azure, and other hosting platforms around the world. Any executable code, anything you can write, can be written into a smart contract. This flexibility is what allows us to say that developers with no blockchain experience can use any code language to access the benefits of blockchain. Customers have used NodeJS, Python, Java, and even BASH shell script to write smart contracts on Dragonchain.
With Docker containers, we achieve better separation of concerns, faster deployment, higher reliability, and lower response times.
We chose Kubernetes for its self-healing features, ability to run multiple services on one server, and its large and thriving development community. It is resilient, scalable, and automated. OpenFaaS allows us to package smart contracts as Docker images for easy deployment.
Contract deployment time is now bounded only by the size of the Docker image being deployed but remains fast even for reasonably large images. We also take advantage of Docker’s flexibility and its ability to support any language that can run on x86 architecture. Any image, public or private, can be run as a smart contract using Dragonchain.

Flexibility in Scaling

Dragonchain’s architecture considers interoperability and integration as key features. From inception, we had a goal to increase adoption via integration with real business use cases and traditional systems.
We envision the ability for Reddit, in the future, to be able to integrate alternate content storage platforms or other financial services along with the token.
  • LBRY - To allow users to deploy content natively to LBRY
  • MakerDAO to allow users to lend small amounts backed by their Reddit community points.
  • STORJ/SIA to allow decentralized on chain storage of portions of content. These integrations or any other are relatively easy to integrate on Dragonchain with an Interchain implementation.

Cost

Cost estimates (on-chain and off-chain) For the purpose of this proposal, we assume that all transactions are on chain (posts, replies, and votes).
On the Dragonchain network, transaction costs are deterministic/predictable. By staking TIME on the business node (as described above) Reddit can reduce transaction costs to as low as $0.0000025 per transaction.
Dragonchain Fees Table

Getting Started

How to run it
Building on Dragonchain is simple and requires no blockchain experience. Spin up a business node (L1) in our managed environment (AWS), run it in your own cloud environment, or on-prem in your own datacenter. Clear documentation will walk you through the steps of spinning up your first Dragonchain Level 1 Business node.
Getting started is easy...
  1. Download Dragonchain’s dctl
  2. Input three commands into a terminal
  3. Build an image
  4. Run it
More information can be found in our Get started documents.

Architecture
Dragonchain is an open source hybrid platform. Through Dragon Net, each chain combines the power of a public blockchain (like Ethereum) with the privacy of a private blockchain.
Dragonchain organizes its network into five separate levels. A Level 1, or business node, is a totally private blockchain only accessible through the use of public/private keypairs. All business logic, including smart contracts, can be executed on this node directly and added to the chain.
After creating a block, the Level 1 business node broadcasts a version stripped of sensitive private data to Dragon Net. Three Level 2 Validating nodes validate the transaction based on guidelines determined from the business. A Level 3 Diversity node checks that the level 2 nodes are from a diverse array of locations. A Level 4 Notary node, hosted by a KYC partner, then signs the validation record received from the Level 3 node. The transaction hash is ledgered to the Level 5 public chain to take advantage of the hash power of massive public networks.
Dragon Net can be thought of as a “blockchain of blockchains”, where every level is a complete private blockchain. Because an L1 can send to multiple nodes on a single level, proof of existence is distributed among many places in the network. Eventually, proof of existence reaches level 5 and is published on a public network.

API Documentation

APIs (on chain & off)

SDK Source

Nobody’s Perfect

Known issues or tradeoffs
  • Dragonchain is open source and even though the platform is easy enough for developers to code in any language they are comfortable with, we do not have so large a developer community as Ethereum. We would like to see the Ethereum developer community (and any other communities) become familiar with our SDK’s, our solutions, and our platform, to unlock the full potential of our Ethereum Interchain. Long ago we decided to prioritize both Bitcoin and Ethereum Interchains. We envision an ecosystem that encompasses different projects to give developers the ability to take full advantage of all the opportunities blockchain offers to create decentralized solutions not only for Reddit but for all of our current platforms and systems. We believe that together we will take the adoption of blockchain further. We currently have additional Interchain with Ethereum Classic. We look forward to Interchain with other blockchains in the future. We invite all blockchains projects who believe in decentralization and security to Interchain with Dragonchain.
  • While we only have 700 nodes compared to 8,000 Ethereum and 10,000 Bitcoin nodes. We harness those 18,000 nodes to scale to extremely high levels of security. See Dragonchain metrics.
  • Some may consider the centralization of Dragonchain’s business nodes as an issue at first glance, however, the model is by design to protect business data. We do not consider this a drawback as these nodes can make any, none, or all data public. Depending upon the implementation, every subreddit could have control of its own business node, for potential business and enterprise offerings, bringing new alternative revenue streams to Reddit.

Costs and resources

Summary of cost & resource information for both on-chain & off-chain components used in the PoC, as well as cost & resource estimates for further scaling. If your PoC is not on mainnet, make note of any mainnet caveats (such as congestion issues).
Every transaction on the PoC system had a transaction fee of $0.0001 (one-hundredth of a cent USD). At 256MM transactions, the demo cost $25,600. With current operational fees, the same demonstration would cost $640 USD.
For the demonstration, to achieve throughput to mimic a worldwide payments network, we modeled several clients in AWS and 4-5 business nodes to handle the traffic. The business nodes were tuned to handle higher throughput by adjusting memory and machine footprint on AWS. This flexibility is valuable to implementing a system such as envisioned by Reddit. Given that Reddit’s daily traffic (posts, replies, and votes) is less than half that of our demo, we would expect that the entire Reddit system could be handled on 2-5 business nodes using right-sized containers on AWS or similar environments.
Verification was accomplished on the operational Dragon Net network with over 700 independently owned verification nodes running around the world at no cost to the business other than paid transaction fees.

Requirements

Scaling

This PoC should scale to the numbers below with minimal costs (both on & off-chain). There should also be a clear path to supporting hundreds of millions of users.
Over a 5 day period, your scaling PoC should be able to handle:
*100,000 point claims (minting & distributing points) *25,000 subscriptions *75,000 one-off points burning *100,000 transfers
During Dragonchain’s 24 hour demo, the above required numbers were reached within the first few minutes.
Reddit’s total activity is 9000% more than Ethereum’s total transaction level. Even if you do not include votes, it is still 700% more than Ethereum’s current volume. Dragonchain has demonstrated that it can handle 250 million transactions a day, and it’s architecture allows for multiple systems to work at that level simultaneously. In our PoC, we demonstrate double the full capacity of Reddit, and every transaction was proven all the way to Bitcoin and Ethereum.
Reddit Scaling on Ethereum

Decentralization

Solutions should not depend on any single third-party provider. We prefer solutions that do not depend on specific entities such as Reddit or another provider, and solutions with no single point of control or failure in off-chain components but recognize there are numerous trade-offs to consider
Dragonchain’s architecture calls for a hybrid approach. Private business nodes hold the sensitive data while the validation and verification of transactions for the business are decentralized within seconds and secured to public blockchains within 10 minutes to 2 hours. Nodes could potentially be controlled by owners of individual subreddits for more organic decentralization.
  • Billing is currently centralized - there is a path to federation and decentralization of a scaled billing solution.
  • Operational multi-cloud
  • Operational on-premises capabilities
  • Operational deployment to any datacenter
  • Over 700 independent Community Verification Nodes with proof of ownership
  • Operational Interchain (Interoperable to Bitcoin, Ethereum, and Ethereum Classic, open to more)

Usability Scaling solutions should have a simple end user experience.

Users shouldn't have to maintain any extra state/proofs, regularly monitor activity, keep track of extra keys, or sign anything other than their normal transactions
Dragonchain and its customers have demonstrated extraordinary usability as a feature in many applications, where users do not need to know that the system is backed by a live blockchain. Lyceum is one of these examples, where the progress of academy courses is being tracked, and successful completion of courses is rewarded with certificates on chain. Our @Save_The_Tweet bot is popular on Twitter. When used with one of the following hashtags - #please, #blockchain, #ThankYou, or #eternalize the tweet is saved through Eternal to multiple blockchains. A proof report is available for future reference. Other examples in use are DEN, our decentralized social media platform, and our console, where users can track their node rewards, view their TIME, and operate a business node.
Examples:

Transactions complete in a reasonable amount of time (seconds or minutes, not hours or days)
All transactions are immediately usable on chain by the system. A transaction begins the path to decentralization at the conclusion of a 5-second block when it gets distributed across 5 separate community run nodes. Full decentralization occurs within 10 minutes to 2 hours depending on which interchain (Bitcoin, Ethereum, or Ethereum Classic) the transaction hits first. Within approximately 2 hours, the combined hash power of all interchained blockchains secures the transaction.

Free to use for end users (no gas fees, or fixed/minimal fees that Reddit can pay on their behalf)
With transaction pricing as low as $0.0000025 per transaction, it may be considered reasonable for Reddit to cover transaction fees for users.
All of Reddit's Transactions on Blockchain (month)
Community points can be earned by users and distributed directly to their Reddit account in batch (as per Reddit minting plan), and allow users to withdraw rewards to their Ethereum wallet whenever they wish. Withdrawal fees can be paid by either user or Reddit. This model has been operating inside the Dragonchain system since 2018, and many security and financial compliance features can be optionally added. We feel that this capability greatly enhances user experience because it is seamless to a regular user without cryptocurrency experience, yet flexible to a tech savvy user. With regard to currency or token transactions, these would occur on the Reddit network, verified to BTC and ETH. These transactions would incur the $0.0000025 transaction fee. To estimate this fee we use the monthly active Reddit users statista with a 60% adoption rate and an estimated 10 transactions per month average resulting in an approximate $720 cost across the system. Reddit could feasibly incur all associated internal network charges (mining/minting, transfer, burn) as these are very low and controllable fees.
Reddit Internal Token Transaction Fees

Reddit Ethereum Token Transaction Fees
When we consider further the Ethereum fees that might be incurred, we have a few choices for a solution.
  1. Offload all Ethereum transaction fees (user withdrawals) to interested users as they wish to withdraw tokens for external use or sale.
  2. Cover Ethereum transaction fees by aggregating them on a timed schedule. Users would request withdrawal (from Reddit or individual subreddits), and they would be transacted on the Ethereum network every hour (or some other schedule).
  3. In a combination of the above, customers could cover aggregated fees.
  4. Integrate with alternate Ethereum roll up solutions or other proposals to aggregate minting and distribution transactions onto Ethereum.

Bonus Points

Users should be able to view their balances & transactions via a blockchain explorer-style interface
From interfaces for users who have no knowledge of blockchain technology to users who are well versed in blockchain terms such as those present in a typical block explorer, a system powered by Dragonchain has flexibility on how to provide balances and transaction data to users. Transactions can be made viewable in an Eternal Proof Report, which displays raw data along with TIME staking information and traceability all the way to Bitcoin, Ethereum, and every other Interchained network. The report shows fields such as transaction ID, timestamp, block ID, multiple verifications, and Interchain proof. See example here.
Node payouts within the Dragonchain console are listed in chronological order and can be further seen in either Dragons or USD. See example here.
In our social media platform, Dragon Den, users can see, in real-time, their NRG and MTR balances. See example here.
A new influencer app powered by Dragonchain, Raiinmaker, breaks down data into a user friendly interface that shows coin portfolio, redeemed rewards, and social scores per campaign. See example here.

Exiting is fast & simple
Withdrawing funds on Dragonchain’s console requires three clicks, however, withdrawal scenarios with more enhanced security features per Reddit’s discretion are obtainable.

Interoperability Compatibility with third party apps (wallets/contracts/etc) is necessary.
Proven interoperability at scale that surpasses the required specifications. Our entire platform consists of interoperable blockchains connected to each other and traditional systems. APIs are well documented. Third party permissions are possible with a simple smart contract without the end user being aware. No need to learn any specialized proprietary language. Any code base (not subsets) is usable within a Docker container. Interoperable with any blockchain or traditional APIs. We’ve witnessed relatively complex systems built by engineers with no blockchain or cryptocurrency experience. We’ve also demonstrated the creation of smart contracts within minutes built with BASH shell and Node.js. Please see our source code and API documentation.

Scaling solutions should be extensible and allow third parties to build on top of it Open source and extensible
APIs should be well documented and stable

Documentation should be clear and complete
For full documentation, explore our docs, SDK’s, Github repo’s, architecture documents, original Disney documentation, and other links or resources provided in this proposal.

Third-party permissionless integrations should be possible & straightforward Smart contracts are Docker based, can be written in any language, use full language (not subsets), and can therefore be integrated with any system including traditional system APIs. Simple is better. Learning an uncommon or proprietary language should not be necessary.
Advanced knowledge of mathematics, cryptography, or L2 scaling should not be required. Compatibility with common utilities & toolchains is expected.
Dragonchain business nodes and smart contracts leverage Docker to allow the use of literally any language or executable code. No proprietary language is necessary. We’ve witnessed relatively complex systems built by engineers with no blockchain or cryptocurrency experience. We’ve also demonstrated the creation of smart contracts within minutes built with BASH shell and Node.js.

Bonus

Bonus Points: Show us how it works. Do you have an idea for a cool new use case for Community Points? Build it!

TIME

Community points could be awarded to Reddit users based upon TIME too, whereas the longer someone is part of a subreddit, the more community points someone naturally gained, even if not actively commenting or sharing new posts. A daily login could be required for these community points to be credited. This grants awards to readers too and incentivizes readers to create an account on Reddit if they browse the website often. This concept could also be leveraged to provide some level of reputation based upon duration and consistency of contribution to a community subreddit.

Dragon Den

Dragonchain has already built a social media platform that harnesses community involvement. Dragon Den is a decentralized community built on the Dragonchain blockchain platform. Dragon Den is Dragonchain’s answer to fake news, trolling, and censorship. It incentivizes the creation and evaluation of quality content within communities. It could be described as being a shareholder of a subreddit or Reddit in its entirety. The more your subreddit is thriving, the more rewarding it will be. Den is currently in a public beta and in active development, though the real token economy is not live yet. There are different tokens for various purposes. Two tokens are Lair Ownership Rights (LOR) and Lair Ownership Tokens (LOT). LOT is a non-fungible token for ownership of a specific Lair. LOT will only be created and converted from LOR.
Energy (NRG) and Matter (MTR) work jointly. Your MTR determines how much NRG you receive in a 24-hour period. Providing quality content, or evaluating content will earn MTR.

Security. Users have full ownership & control of their points.
All community points awarded based upon any type of activity or gift, are secured and provable to all Interchain networks (currently BTC, ETH, ETC). Users are free to spend and withdraw their points as they please, depending on the features Reddit wants to bring into production.

Balances and transactions cannot be forged, manipulated, or blocked by Reddit or anyone else
Users can withdraw their balance to their ERC20 wallet, directly through Reddit. Reddit can cover the fees on their behalf, or the user covers this with a portion of their balance.

Users should own their points and be able to get on-chain ERC20 tokens without permission from anyone else
Through our console users can withdraw their ERC20 rewards. This can be achieved on Reddit too. Here is a walkthrough of our console, though this does not show the quick withdrawal functionality, a user can withdraw at any time. https://www.youtube.com/watch?v=aNlTMxnfVHw

Points should be recoverable to on-chain ERC20 tokens even if all third-parties involved go offline
If necessary, signed transactions from the Reddit system (e.g. Reddit + Subreddit) can be sent to the Ethereum smart contract for minting.

A public, third-party review attesting to the soundness of the design should be available
To our knowledge, at least two large corporations, including a top 3 accounting firm, have conducted positive reviews. These reviews have never been made public, as Dragonchain did not pay or contract for these studies to be released.

Bonus points
Public, third-party implementation review available or in progress
See above

Compatibility with HSMs & hardware wallets
For the purpose of this proposal, all tokenization would be on the Ethereum network using standard token contracts and as such, would be able to leverage all hardware wallet and Ethereum ecosystem services.

Other Considerations

Minting/distributing tokens is not performed by Reddit directly
This operation can be automated by smart contract on Ethereum. Subreddits can if desired have a role to play.

One off point burning, as well as recurring, non-interactive point burning (for subreddit memberships) should be possible and scalable
This is possible and scalable with interaction between Dragonchain Reddit system and Ethereum token contract(s).

Fully open-source solutions are strongly preferred
Dragonchain is fully open source (see section on Disney release after conclusion).

Conclusion

Whether it is today, or in the future, we would like to work together to bring secure flexibility to the highest standards. It is our hope to be considered by Ethereum, Reddit, and other integrative solutions so we may further discuss the possibilities of implementation. In our public demonstration, 256 million transactions were handled in our operational network on chain in 24 hours, for the low cost of $25K, which if run today would cost $625. Dragonchain’s interoperable foundation provides the atmosphere necessary to implement a frictionless community points system. Thank you for your consideration of our proposal. We look forward to working with the community to make something great!

Disney Releases Blockchain Platform as Open Source

The team at Disney created the Disney Private Blockchain Platform. The system was a hybrid interoperable blockchain platform for ledgering and smart contract development geared toward solving problems with blockchain adoption and usability. All objective evaluation would consider the team’s output a success. We released a list of use cases that we explored in some capacity at Disney, and our input on blockchain standardization as part of our participation in the W3C Blockchain Community Group.
https://lists.w3.org/Archives/Public/public-blockchain/2016May/0052.html

Open Source

In 2016, Roets proposed to release the platform as open source to spread the technology outside of Disney, as others within the W3C group were interested in the solutions that had been created inside of Disney.
Following a long process, step by step, the team met requirements for release. Among the requirements, the team had to:
  • Obtain VP support and approval for the release
  • Verify ownership of the software to be released
  • Verify that no proprietary content would be released
  • Convince the organization that there was a value to the open source community
  • Convince the organization that there was a value to Disney
  • Offer the plan for ongoing maintenance of the project outside of Disney
  • Itemize competing projects
  • Verify no conflict of interest
  • Preferred license
  • Change the project name to not use the name Disney, any Disney character, or any other associated IP - proposed Dragonchain - approved
  • Obtain legal approval
  • Approval from corporate, parks, and other business units
  • Approval from multiple Disney patent groups Copyright holder defined by Disney (Disney Connected and Advanced Technologies)
  • Trademark searches conducted for the selected name Dragonchain
  • Obtain IT security approval
  • Manual review of OSS components conducted
  • OWASP Dependency and Vulnerability Check Conducted
  • Obtain technical (software) approval
  • Offer management, process, and financial plans for the maintenance of the project.
  • Meet list of items to be addressed before release
  • Remove all Disney project references and scripts
  • Create a public distribution list for email communications
  • Remove Roets’ direct and internal contact information
  • Create public Slack channel and move from Disney slack channels
  • Create proper labels for issue tracking
  • Rename internal private Github repository
  • Add informative description to Github page
  • Expand README.md with more specific information
  • Add information beyond current “Blockchains are Magic”
  • Add getting started sections and info on cloning/forking the project
  • Add installation details
  • Add uninstall process
  • Add unit, functional, and integration test information
  • Detail how to contribute and get involved
  • Describe the git workflow that the project will use
  • Move to public, non-Disney git repository (Github or Bitbucket)
  • Obtain Disney Open Source Committee approval for release
On top of meeting the above criteria, as part of the process, the maintainer of the project had to receive the codebase on their own personal email and create accounts for maintenance (e.g. Github) with non-Disney accounts. Given the fact that the project spanned multiple business units, Roets was individually responsible for its ongoing maintenance. Because of this, he proposed in the open source application to create a non-profit organization to hold the IP and maintain the project. This was approved by Disney.
The Disney Open Source Committee approved the application known as OSSRELEASE-10, and the code was released on October 2, 2016. Disney decided to not issue a press release.
Original OSSRELASE-10 document

Dragonchain Foundation

The Dragonchain Foundation was created on January 17, 2017. https://den.social/l/Dragonchain/24130078352e485d96d2125082151cf0/dragonchain-and-disney/
submitted by j0j0r0 to ethereum [link] [comments]

Random services connecting to my api server

I got a notification from my API server that the current CPU usage was on 100% and I checked in on it.
I found out that in my access log multiple random services were connecting to my API server, very questionable.
The first domain I looked up was worker.cryptomkt.com, which is somewhat related to bitcoins and my first thought was that someone was mining bitcoins on my server since the CPU usage was so high, don't even know if that's possible.
Anyone else seen something alike? and what should I do
The API server is hosted on a Ubuntu server with Django on Apache
128.127.106.247 - - [11/Nov/2020:00:30:34 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61604 "-" "-" 173.249.20.2 - - [11/Nov/2020:00:30:37 +0000] "CONNECT www.amazon.com:443 HTTP/1.1" 400 63669 "-" "Mozilla/4.0 (compatible; MSIE 8.0; Windows NT 5.1; .NET CLR 2.0.50727; .NET CLR 3.0.04506.648; .NET CLR 3.5.21022; .NET4.0C; .NET4.0E)" 164.68.107.32 - - [11/Nov/2020:00:30:39 +0000] "CONNECT www.amazon.com:443 HTTP/1.1" 400 63644 "-" "Mozilla/5.0 (X11; CrOS x86_64 5712.88.0) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/35.0.1916.155 Safari/537.36)" 128.127.106.29 - - [11/Nov/2020:00:30:43 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61603 "-" "-" 128.127.106.29 - - [11/Nov/2020:00:30:43 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61603 "-" "-" 128.127.106.29 - - [11/Nov/2020:00:30:47 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61603 "-" "-" 128.127.106.29 - - [11/Nov/2020:00:30:47 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61603 "-" "-" 207.180.208.117 - - [11/Nov/2020:00:30:48 +0000] "CONNECT www.amazon.com:443 HTTP/1.0" 400 61125 "-" "-" 173.249.20.2 - - [11/Nov/2020:00:30:49 +0000] "CONNECT www.amazon.com:443 HTTP/1.1" 400 63867 "-" "Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 6.1; Trident/5.0; SLCC2; .NET CLR 2.0.50727; .NET CLR 3.5.30729; .NET CLR 3.0.30729; InfoPath.2; .NET CLR 1.1.4322; MS-RTC LM 8; Tablet PC 2.0; AskTbFWV5/5.14.1.20007)" 164.68.107.32 - - [11/Nov/2020:00:30:50 +0000] "CONNECT www.amazon.com.mx:443 HTTP/1.0" 400 61174 "-" "-" 164.68.107.32 - - [11/Nov/2020:00:30:50 +0000] "CONNECT www.amazon.com:443 HTTP/1.0" 400 61123 "-" "-" 173.212.225.16 - - [11/Nov/2020:00:30:57 +0000] "CONNECT www.amazon.com:443 HTTP/1.0" 400 61124 "-" "-" 207.180.203.143 - - [11/Nov/2020:00:31:03 +0000] "CONNECT www.amazon.sg:443 HTTP/1.0" 400 61108 "-" "-" 207.180.203.143 - - [11/Nov/2020:00:31:03 +0000] "CONNECT www.amazon.com:443 HTTP/1.0" 400 61125 "-" "-" 164.68.107.32 - - [11/Nov/2020:00:31:05 +0000] "CONNECT www.amazon.com:443 HTTP/1.1" 400 63644 "-" "Mozilla/5.0 (Macintosh; Intel Mac OS X 10_12_2) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/66.0.3359.117 Safari/537.36" 128.127.106.247 - - [11/Nov/2020:00:31:07 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61604 "-" "-" 128.127.106.247 - - [11/Nov/2020:00:31:07 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61604 "-" "-" 128.127.106.247 - - [11/Nov/2020:00:31:09 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61604 "-" "-" 128.127.106.247 - - [11/Nov/2020:00:31:09 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61604 "-" "-" 37.252.95.167 - - [11/Nov/2020:00:31:11 +0000] "CONNECT www.zoopla.co.uk:443 HTTP/1.0" 400 61157 "-" "-" 37.252.95.167 - - [11/Nov/2020:00:31:11 +0000] "CONNECT www.rightmove.co.uk:443 HTTP/1.0" 400 61208 "-" "-" 128.127.106.29 - - [11/Nov/2020:00:31:15 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61603 "-" "-" 128.127.106.29 - - [11/Nov/2020:00:31:15 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61603 "-" "-" 128.127.106.29 - - [11/Nov/2020:00:31:15 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61603 "-" "-" 128.127.106.29 - - [11/Nov/2020:00:31:15 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61603 "-" "-" 128.127.106.29 - - [11/Nov/2020:00:31:20 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61603 "-" "-" 128.127.106.29 - - [11/Nov/2020:00:31:20 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61603 "-" "-" 207.180.213.12 - - [11/Nov/2020:00:31:23 +0000] "CONNECT www.amazon.sg:443 HTTP/1.0" 400 61107 "-" "-" 207.180.213.12 - - [11/Nov/2020:00:31:23 +0000] "CONNECT www.amazon.com:443 HTTP/1.0" 400 61124 "-" "-" 95.194.78.55 - - [11/Nov/2020:00:31:24 +0000] "CONNECT soundcloud.com:443 HTTP/1.1" 400 61793 "-" "Mozilla/5.0 (Windows NT 10.0; Win64; x64; rv:74.0) Gecko/20100101 Firefox/74.0" 128.127.106.29 - - [11/Nov/2020:00:31:28 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61603 "-" "-" 128.127.106.29 - - [11/Nov/2020:00:31:28 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61603 "-" "-" 128.127.106.247 - - [11/Nov/2020:00:31:30 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61604 "-" "-" 128.127.106.247 - - [11/Nov/2020:00:31:30 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61604 "-" "-" 164.68.106.182 - - [11/Nov/2020:00:31:30 +0000] "CONNECT www.amazon.com:443 HTTP/1.0" 400 61124 "-" "-" 128.127.106.247 - - [11/Nov/2020:00:31:30 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61604 "-" "-" 128.127.106.247 - - [11/Nov/2020:00:31:30 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61604 "-" "-" 128.127.106.29 - - [11/Nov/2020:00:31:31 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61603 "-" "-" 128.127.106.29 - - [11/Nov/2020:00:31:31 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61603 "-" "-" 207.180.213.12 - - [11/Nov/2020:00:31:32 +0000] "CONNECT www.amazon.com:443 HTTP/1.1" 400 63855 "-" "Mozilla/4.0 (compatible; MSIE 6.0; Windows NT 5.1; WOW64; Trident/4.0; SLCC2; .NET CLR 2.0.50727; .NET CLR 3.5.30729; .NET CLR 3.0.30729; Media Center PC 6.0; .NET4.0C; InfoPath.2; .NET CLR 1.1.4322; MASP; 360SE)" 128.127.106.247 - - [11/Nov/2020:00:31:33 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61604 "-" "-" 128.127.106.247 - - [11/Nov/2020:00:31:33 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61604 "-" "-" 128.127.106.247 - - [11/Nov/2020:00:31:34 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61604 "-" "-" 162.252.217.94 - - [11/Nov/2020:00:31:34 +0000] "CONNECT api.toutrix.com:443 HTTP/1.1" 400 61513 "-" "-" 128.127.106.247 - - [11/Nov/2020:00:31:34 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61604 "-" "-" 162.252.217.94 - - [11/Nov/2020:00:31:35 +0000] "GET /whats_my_ip HTTP/1.1" 400 61599 "-" "-" 128.127.106.247 - - [11/Nov/2020:00:31:38 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61604 "-" "-" 128.127.106.247 - - [11/Nov/2020:00:31:39 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61604 "-" "-" 162.248.245.76 - - [11/Nov/2020:00:31:46 +0000] "CONNECT www.lastminute.co.nz:443 HTTP/1.1" 400 61473 "-" "-" 128.127.106.29 - - [11/Nov/2020:00:31:47 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61603 "-" "-" 128.127.106.29 - - [11/Nov/2020:00:31:47 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61603 "-" "-" 128.127.106.29 - - [11/Nov/2020:00:31:48 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61603 "-" "-" 128.127.106.29 - - [11/Nov/2020:00:31:49 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61603 "-" "-" 38.73.238.185 - - [11/Nov/2020:00:31:56 +0000] "CONNECT client.qiandada.com:443 HTTP/1.1" 400 61623 "-" "Go-http-client/1.1" 164.68.101.83 - - [11/Nov/2020:00:32:05 +0000] "CONNECT www.amazon.com.mx:443 HTTP/1.0" 400 61174 "-" "-" 164.68.101.83 - - [11/Nov/2020:00:32:06 +0000] "CONNECT www.amazon.com:443 HTTP/1.0" 400 61123 "-" "-" 128.127.106.247 - - [11/Nov/2020:00:32:09 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61604 "-" "-" 128.127.106.247 - - [11/Nov/2020:00:32:09 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61604 "-" "-" 207.180.211.45 - - [11/Nov/2020:00:32:11 +0000] "CONNECT www.amazon.com.mx:443 HTTP/1.0" 400 61175 "-" "-" 128.127.106.247 - - [11/Nov/2020:00:32:11 +0000] "CONNECT worker.cryptomkt.com:443 HTTP/1.1" 400 61604 "-" "-" 
submitted by TacToc to apache [link] [comments]

Introducing Folder Protocol (FOLDER) — Node Scalability Protocol, Layer2 Project of Filecoin

Introducing Folder Protocol (FOLDER) — Node Scalability Protocol, Layer2 Project of Filecoin
https://preview.redd.it/nggkse371fz51.png?width=15323&format=png&auto=webp&s=03f961afc2f212f6eae022fa5fec02bb56650ab4
The current internet infrastructure (web2.0) is in the middle of a revolution: centralized proprietary services are being replaced with decentralized open ones; trusted parties replaced with verifiable computation; brittle location addresses replaced with resilient content addresses; inefficient monolithic services replaced with peer-to-peer algorithmic markets.
As decentralization is the essence of Web 3.0, the Distributed Ledger Technology (DLT), popularly known as Blockchains, has been considered as the core building block of Web 3.0. A Blockchain is an immutable and append-only ledger that stores the network state. Distributed consensus between all the network nodes is required in order to extend the blockchain and store the critical network data among the network nodes.
Therefore, it could be prohibitively expensive to store any other kinds of data into the blockchain. For multiple use cases, it may be more efficient to store other non-critical data in a secure fashion close to the security level of the blockchain.
The InterPlanetary File System (IPFS) is a peer-to-peer distributed file system that seeks to connect all computing devices with the same system of files. In some ways, IPFS is similar to the Web, but IPFS could be seen as a single BitTorrent swarm, exchanging objects within one Git repository. In other words, IPFS provides a high throughput content-addressed block storage model, with content-addressed hyperlinks. This forms a generalized Merkle DAG, a data structure upon which one can build versioned file systems, blockchains, and even a Permanent Web. IPFS combines a distributed hash table, an incentivized block exchange, and a self-certifying namespace. IPFS has no single point of failure, and nodes do not need to trust each other.
IPFS is a very suitable storage medium for this category of data. IPFS allows for the distributed storage of data that is immune to altering and forgery. Data stored on the IPFS network cannot be altered without changing the data identifier.
In IPFS, the identifier is a cryptographic hash of the data. This way, non-critical data can be stored to IPFS while storing the data cryptographic hash to the underlying distributed ledger instead of saving all the data to the ledger.
IPFS has proven the utility of content-addressing by decentralizing the web itself, serving billions of files used across a global peer-to-peer network. It liberates data from silos, survives network partitions, works offline, routes around censorship, and gives permanence to digital information.

IPFS’s issues

IPFS allows users to store and transfer verifiable, content-addressed data in a peer-to-peer network. IPFS users persist the data they want on their own IPFS nodes known as ‘Pinning’. Sometimes the data may be pinned using a third-party pinning service, or through groups of individual IPFS users. The data exists in the network as long as one user is storing it and able to provide it to others when they request it.

https://preview.redd.it/tbsheam41fz51.jpg?width=1278&format=pjpg&auto=webp&s=16cb8b2bf64c796500530d45c415bab7f5f58b30
IPFS does not include a built-in mechanism to incentivize the storage of data for other people. This is the challenge Filecoin hopes to solve. The Filecoin network creates a distributed storage marketplace for long-term storage. Nodes with a large storage capacity can rent storage to users with and get paid for it.
The Filecoin network ensures that data is safely stored. However, the processes of storing (sealing), verifying (proving) and unsealing (for retrieval) are computationally expensive and can take time. This is specially relevant for the retrieval of data, which should happen as fast as possible.
Most significant issue with Filecoin network at current stages are following : 1. What if web servers shut down?
  1. What if the network to the web server gets lost?
  2. What if there are too many clients requesting a web server?
  3. What if the web server loses files?
  4. What if the size of a file requested to a web server is too large?
  5. 90% of Filecoin’s nodes are located in China

The key solutions

Folder Protocol is designed and constructed to function as a second-layer on Filecoin’s mainnet network, seeking to safely store and send larger batches of data more adequately. Folder Protocol’s network will benefit the users for the quicker retrieval and wider distribution of content.


https://preview.redd.it/wtoryhac1fz51.jpg?width=1279&format=pjpg&auto=webp&s=322550e8ee059614f6f284fd24da3c180a4c3857
Key principles to our solution ‘Folder Protocol’ are following :
  1. Host petabyte level of data sets distributed
  2. Enable large-scale data computing across organizations
  3. Support high-volume, high-definition, real-time media streaming
  4. Supports versioning and linking for large datasets
  5. Preventing essential file loss problems caused by an accident Ultimately, Folder Protocol enables users to easily participate in node operations, mining, and offering storage so anyone can voluntarily and actively contribute to Folder Protocol’s ecosystem.

About Folder Protocol

Folder was founded on the idea that there is a more affordable and efficient way to store data than on traditional Web 2.0 platforms. As a blockchain-based marketplace, Folder is community-driven and decentralized. That means individual storage clients and storage miners compete for transactions based on price, reputation, reliability, retrievability, and latency. And Folder’s blockchain ensures that files are stored in a secure and publicly-verifiable way.
Folder Protocol is a decentralized storage network that turns cloud storage into an algorithmic market. The market runs on a blockchain with a native protocol token (FOLDER Token), which miners earn by providing storage to clients. Conversely, clients spend FOLDER token hiring miners to store or distribute data. As with Bitcoin, FOLDER token miners compete to mine blocks with sizable rewards, but Folder Protocol mining power is proportional to active storage, which directly provides a useful service to clients (unlike Bitcoin mining, whose usefulness is limited to maintaining blockchain consensus). This creates a powerful incentive for miners to amass as much storage as they can, and rent it out to clients. The protocol weaves these amassed resources into a self-healing storage network that anybody in the world can rely on. The network achieves robustness by replicating and dispersing content, while automatically detecting and repairing replica failures. Clients can select replication parameters to protect against different threat models. The protocol’s cloud storage network also provides security, as content is encrypted end-to-end at the client, while storage providers do not have access to decryption keys.
The Folder Protocol project ultimately works as a layer-2 on top of Filecoin-an incentive layer on top of IPFS-,an elegant IPFS ecosystem which can provide storage infrastructure for any data. It is especially useful for decentralizing data, building and running distributed applications, and implementing smart contracts.
Moreover, Folder’s storage marketplace takes advantage of the world’s underutilized storage assets. With Folder, people anywhere in the world can offer their unused storage space to anyone else. This creates a unique sharing economy that has the power to unlock untold amounts of storage and drive an unprecedented economy of scale for pricing storage solutions.

Tokenomics


https://preview.redd.it/cn1bkioe1fz51.jpg?width=957&format=pjpg&auto=webp&s=76c0cc4e2dd4d5f4a3884eec44addc0c6fe293d7
There are three main actors of FOLDER (File-System Optimization Layer) Token economy that interacts with one another:
  1. MineClient​ provides computing power to Folder Protocol, ultimately contributing to Filecoin network and receive FOLDER as a reward.
  2. Folder Protocol functions as intermediary layer to facilitate the exchange of computing power and FOLDER token between FOLDER client and IPFS/Filecoin nodes accumulating Filecoin. It also handles Q-Swap(quarterly FOL/FIL swap) to provide liquidity within the network.
  3. IPFS/Filecoin Nodes are owned by Folder Labs. This group of nodes provides computing power as a part of Filecoin network to engage in mining activity.

Distribution:


https://preview.redd.it/mu5ktddg1fz51.jpg?width=708&format=pjpg&auto=webp&s=c18ff86c639ba02c996dd0b39177d2c62fc30dd6
Sale: 800,000 (4%)
Marketing: 10,000,000 (5%)
Team: 10,000,000 (5%)
Reserve: 12,000,000 (6%)
R&D: 20,000,000 (10%)
Mining: 140,000,000 (70%)
Total: 200,000,000 (100%)

To conclude

Storage on the Folder Protocol network decouples hard drive space from many of the commonly bundled additional services provided by other cloud storage providers. The protocol enables buyers and sellers to trade in storage space directly. As a result, clients and miners are free to negotiate prices and features. Folder Protocol provides the secure network and token that clients and miners can use to enter storage contracts in a peer-to-peer fashion.
Unlike traditional storage providers, Folder Protocol bundles one unique service: cryptographically verifying, every single day, that every users’ data is still there. This verification allows anyone to permissionless-ly offer storage in the marketplace while still enabling clients to trust that their data will be stored on the network.

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submitted by folderlabs to u/folderlabs [link] [comments]

Don’t Sleep on China’s New Blockchain Interneton’t Sleep on China’s New Blockchain Internet

Link to Lawfare: https://www.lawfareblog.com/dont-sleep-chinas-new-blockchain-internet
U.S. national security policymakers are working aggressively to push back China’s global market advance in 5G and artificial intelligence technology. Meanwhile, the Chinese Communist Party (CCP) is progressing unfettered in a parallel technological campaign: expanding global blockchain infrastructure.
Earlier this year, Beijing launched the Blockchain-Based Service Network (BSN), a system of low-cost backend architecture on which software developers around the world can build blockchain applications—including digital assets such as cryptocurrencies. The launch happened a few months after Chinese President Xi Jinping pressed for the nation to leverage blockchain technology to complement the rising economic importance of big data and the “internet of things.” This BSN has received little attention in the U.S.—but if the network gains significant international adoption, it could give the CCP greater influence in digital commerce and complicate U.S. economic statecraft. For decades, U.S. financial authorities have benefited from the ubiquity of U.S. computer infrastructure in global business. The BSN is trying to challenge that norm.
According to the BSN website, the network’s purpose is to become the “blockchain Internet.” CCP leadership believes that blockchain technology offers a foundational infrastructure for future technological innovation and that China should set the global standards in that arena. To begin doing so, China is inviting blockchain developers to build decentralized software applications on the BSN’s Chinese-run servers, even though some of the servers are located outside China. The BSN describes itself as a “cross-cloud, cross-portal, cross-framework, global infrastructure network.” Essentially, it is the plumbing for people to run decentralized computer systems via the network.
China’s State Information Center, an entity under China’s macroeconomic planning agency, oversees the BSN. The center designs information security policies and processes economic data for the CCP. Several state-owned tech companies, such as financial services firm China UnionPay and telecom firm China Mobile, run the technical architecture, such as the network’s nodes and servers. The Chinese government argues that software developers around the world would save money by using the BSN’s computer infrastructure. The BSN charges several hundred dollars per year for server space that would cost developers tens of thousands of dollars if it were provided by Amazon Web Services (AWS) or even the private Chinese internet firm Alibaba. At the same time, the BSN uses cloud space provided by U.S. firms AWS and Google Cloud, in addition to Chinese tech firms, for building its infrastructure. But according to the BSN user manual, its services are cheaper because the network facilitates more efficient server usage by sharing computer resource space across users through a permissioned distributed ledger system. The CCP’s pitch is that the BSN uses a distributed system to take advantage of traditional server architecture and innovate beyond it.
Several popular and highly capitalized blockchain projects have taken up the BSN on its offer, integrating their “chains” with the BSN and enabling developers to create applications on the network. Some of the blockchains, such as Ethereum and Tezos, include many developers from Western nations. These blockchain protocols are more robust than Bitcoin, enabling developers to code “smart” contracts that facilitate more complex transactions and programs. In recent years, projects associated with these newer blockchains have raised hundreds of millions of dollars with the aim of creating decentralized applications and business ventures.
So why hasn’t the BSN received more attention within U.S. national security policy circles? As blockchain experts will admit, decentralized applications have yet to find much market adoption outside cryptocurrency speculation. Despite great hype around blockchain and distributed ledger technology, even die-hard cryptocurrency enthusiasts are still waiting for a decentralized “killer app” that proves the tech might “reinvent the global financial system,” as one blockchain developer who raised millions for a project, but saw his company flounder, put it.
The elusiveness of global blockchain adoption is exactly why China’s strategy deserves attention. For one, the BSN is trying to significantly reduce the input costs of blockchain development, which would increase cost-savings and help keep blockchain projects alive as they seek users and profitability. A similar dynamic enabled China’s outsized role in Bitcoin mining. Chinese computer processing companies dominate the Bitcoin mining industry largely because they operate in Chinese provinces where hydroelectricity is cheap, allowing them to sustain wider profit margins even when Bitcoin’s volatile price drops.
The BSN is also important because it accentuates China’s broader push toward an information-based economy and supports its strategy to dominate in financial technology and become a “cyber superpower.” In recent years, Chinese leaders have stressed that the Chinese economy must pursue “informatization,” developing programmable and “smart” business systems built on internet and device data, machine learning and analytics. Blockchain experimentation, whether it has scaled up to wide use or not, is where researchers are working on many difficult computer science challenges associated with the internet ecosystems—such as digital identity management. Research and trials with distributed ledger technology will likely unlock technological insights and breakthroughs.
An analogous situation occurred in the United States during the space race. NASA harnessed tremendous intellectual and technical capital to enable the moon landing and further space exploration. This led to a variety of spinoff inventions, from global positioning systems (GPS) to freeze-dried food and camera phones. In the same way, blockchain technology is a means to the end of greater technological sophistication.
The BSN is about not just bringing blockchain-based activity to servers in China but also expanding Chinese reach into servers outside the country. The network will have infrastructure in Hong Kong, but also in San Francisco and at locations in Australia, Brazil, France, Japan and South Africa. The CCP is not subtle about its aim to bring this international plumbing under its influence. As the BSN white paper says, “Once the BSN is deployed globally, it will become the only global infrastructure network autonomously innovated by Chinese entities and for which network access is Chinese-controlled.”
For this reason, the BSN could undermine movements for human rights and political freedom. Much of the blockchain developer community has strong libertarian leanings, promoting decentralized applications as means for “censorship resistance” and to fund protests against authoritarianism and state brutality. But ironically, the BSN’s decentralization effort is authoritarian owned. The CCP accepts the irony and has bifurcated the BSN just as it has separated Chinese use of the internet, where the government blocks many sites from users in China. The system will run with a domestic BSN portal—where developers can build only closed, “permissioned” applications and where decentralized cryptocurrencies are not allowed to function—and a global portal, which will allow “open” applications but will not be accessible to users in China. It seems unlikely, however, that the global portal will be allowed to operate freely if the CCP finds it hosting applications that greatly counter the party’s interests, like programs that would support anti-CCP protesters in Hong Kong or Uighur human rights advocates. And just as the National Basketball Association in the U.S. dares not to criticize Beijing’s repressive tactics because of the money it earns in China, it is feasible that the leaders of various blockchain projects would not voice objections to China’s human rights violations if their chains rely on Chinese infrastructure.
Looking further ahead, national security policymakers should watch out for the BSN’s potential to hinder future investigations and enforcement actions relating to digital currencies. The U.S. Department of Justice recently released a cryptocurrency enforcement framework that lays out significant national security wins against cryptocurrency-related crime—including interdicting Islamic State and al-Qaeda Bitcoin funding campaigns, disrupting North Korean hackers laundering stolen cryptocurrency, indicting ransomware operatives in Iran, charging Russian operatives using cryptocurrency in election interference activities, and breaking up fentanyl smugglers operating out of China. The Justice Department has ordered hundreds of cryptocurrency wallet assets to be seized and the U.S. Treasury’s Office of Foreign Asset Control has added dozens of cryptocurrency addresses to its sanctions list. All of these actions against illicit cryptocurrency activity are helped by the fact that digital transactions, even blockchain-based ones, currently run on the backbone of mostly U.S. infrastructure. In today’s financial crime investigations, digital evidence is key and securing it often requires accessing physical or remote servers. Most of the world’s internet activity touches the U.S. somehow. In fact, up to 70 percent of global internet traffic flows daily through data centers operating in Loudoun County, Virginia.
The national security risks of the CCP gaining dominance in any digital realm are pretty clear. In February, U.S. Attorney General William Barr warned, “If China establishes sole dominance over 5G, it will be able to dominate the opportunities arising from a stunning range of emerging technologies that will be dependent on, and interwoven with, the 5G platform.” The same reasoning should be applied to blockchain technology.
And if illicit actors begin using decentralized applications built on the BSN to harm American interests, the U.S. would find itself needing Chinese cooperation to acquire digital data evidence and intelligence on the network. Given Washington’s and Beijing’s recent tug-of-war over TikTok and data security, the U.S. may find China less than cooperative with such data requests.
The BSN is not going to upend U.S. domination of the internet anytime soon. But it indicates a new, and sensible, Chinese strategy. In areas like 5G technology and artificial intelligence, where the U.S. is highly engaged, China’s strategy has been to outdo the U.S. head-on. The BSN approach, by contrast, is to build a Chinese advantage in a space where the U.S. gives little attention.
The good news is that while China’s blockchain internet is in its infancy, the U.S. has time to follow its development and respond accordingly. The U.S. government should assess the network’s growth, identify the sorts of applications it supports, and carefully track its successes and failures. Analysts at the departments of Treasury and Commerce must become familiar with the market for decentralized apps. U.S. Cyber Command needs to map the network and understand where BSN infrastructure overlaps with U.S. servers. And software developers should think twice about investing their intellectual and financial capital into infrastructure controlled directly by the CCP. If the BSN does scale up, so will China’s digital authoritarianism.
submitted by BlockDotCo to u/BlockDotCo [link] [comments]

Multiple DHT22 Sensors

Hello all, first thing first, I am a computer repair technician at a Bitcoin mining facility. We have about 20,000 bitcoin miners that me and my coworkers are in charge of monitoring and repairing. So with that being said I am pretty much lost when it comes to python and servers and things of that sort.Everyone that has dealt with computers/electronics know that heat is a huge issue. And heat is a killer to bitcoin miners,so monitoring the temperature and humidity in the facility is crucial so we can control the waterwalls and such as needed .I have successfully set up 14 raspberry pis with DHT22 sensors by copying and pasting scripts that I found online. They are reporting to a website through POST method. The readings are shown on a barchart,but is not dynamic so it only shows 1 reading at a time. I have been tasked with setting up a way to get all the sensors reading to a single server,then pulling the data from the server onto a D3.js grouped bar chart . Now, there is 14 Pis and each is set to read every mintue. These will be running 24/7 so there will be alot of readings. My question,actually a few questions is I am needing to set up 1 Pi as a dedicated server receiving all the readings. 1)What would be the best way to set that up,I have read that a MQTT server is the easiest but cant handle a lot of data(which I will have)I was thinking about a MySql. 2)Would I need to attach extra storage to this Pi to handle all the data. 3) How do I send all the readings to the server Pi(NOTE: they will all be on the same network) 4) How would I pull all this information from the server and input it into a D3.js grouped bar chart. Do I need to have a web server installed on the Pi?. I'm not expecting a step by step answer, and I am on a timeline and honestly dont have time to learn pythhon,html,php,sql or whatever is needed for this. All I am asking is for is a step in the right direction, thanks to all that read this and any information will be greatly appreciated
submitted by AbsentGalaxy to RASPBERRY_PI_PROJECTS [link] [comments]

||KRAKEN NUMBER -⍟+1.866 796 8549 ⍟KRAKEN TECHNICAL SUPPORT PHONE NUMBER FOR$#&*HNGHK^%^

||KRAKEN NUMBER -⍟+1.866 796 8549 ⍟KRAKEN TECHNICAL SUPPORT PHONE NUMBER FOR$#&*HNGHK^%^ Bitcoin traded sideways around $11,500 last weekend. The most volatile period for BTC immediately followed its rise to $13,147 on Wednesday. Since then, it has been trading steadily above $12,900 on Friday. This sudden spike might have been caused by multiple events, notably PayPal’s decision to provide cryptocurrency services.

Ethereum (ETH) wasn’t left behind. After moving sideways for the first few days of the week, ETH followed BTC’s uptrend, reaching $419 on Wednesday before dropping back to $409 on Friday. Meanwhile, BNB consolidated and kept a stable price, fluctuating around $30. The weekly low of $28.55 didn’t last too long, and BNB closed the week on Friday at $30.40.

The total market capitalization of the cryptocurrency industry started the week at $354 billion, with steady growth throughout the week, before reaching $393 billion on Friday.

For more crypto-related news and updates, head over to the Kraken News service. We now move to updates from the Kraken ecosystem and beyond.

Kraken Exchange Updates

  1. 13th BNB Burn | Quarterly Highlights and Insights from CZ. For our 13th quarterly BNB Burn (July to September 2020), Kraken burned a total of 2,253,888 BNB, equivalent to $68 million USD worth of tokens. Kraken CEO CZ also shared his thoughts on Kraken Smart Chain and the emergence of DeFi.



  1. Kraken Launchpool Unveils CertiK (CTK). Users will be able to stake their BNB, BUSD and CTK tokens into separate pools to farm CTK tokens over 12-16 days using the new Launchpool format. Farming starts on October 23.



  1. NEW LISTINGS:

- Oct. 23: EasyFi (EASY) in the Innovation Zone

- Oct. 23: Audius (AUDIO)

- Oct. 21: Aergo (AERGO) and Injective Protocol (INJ)

- Oct. 20: FILUP & FILDOWN Kraken Leveraged Tokens

  1. Kraken Pool Launches 13th Phase of Dual Savings Products

  1. With Kraken Savings, earn up to 88% APY on DOT or 12% APY on FIL

  1. Kraken Earn launches DOT High-Yield Products (share 50,000 DOT) and ADA High-Yield Products (share 1,000,000 ADA).

  1. Kraken Loans adds LINK, UNI & FLM as borrowable assets

  1. Kraken Staking launches TRX, XTZ & ATOM super rewards with up to 20.58% APY. Also, staking rewards for September have been distributed.

  1. Kraken opens BEP2 & BEP20 deposits and withdrawals For INJ, PAX, SXP, & USDC.

  1. Kraken Has Distributed September Staking Rewards on October 23.

  1. Kraken Margin now supports isolated margin trading for AAVE and DATA, as well as cross margin trading for FIL.

  1. Kraken Liquid Swap adds GBP support and opens GBP/USDT liquidity pool

  1. Trading pair removals: BTS/BUSD, MCO/BTC, MCO/USDT, NEBL/BNB, REP/BUSD.

Kraken Futures and Margin Updates

  1. 100x leverage for ETH futures. We increased the maximum leverage for ETH USDT-Margined and Coin-Margined perpetual contracts to 100x.

  1. NEW Coin-Margined Contract: FIL/USD, with up to 50x leverage.

  1. NEW USDT-Margined Contracts (all with up to 50x leverage):

- Oct. 21: MATIC/USDT

- Oct. 19: RSUSDT and LRC/USDT

  1. Backtest Your Trading Strategy With Kraken Futures Historical Data. If you're looking for historical data on Bitcoin Futures, you can use the Kraken Futures Historical Data service to find your need.



  1. Kraken Futures Launches Trader Vs Trader Battles. Kraken has launched a new online battle function. The first trading pair launched as part of the battle will be the BTCUSD perpetual contract. Users can participate in the battle via web or mobile web pages.

  1. Kraken Options Adds Vol Option Function on the Mobile App. Kraken Options has added Vol Option Function on the Kraken Mobile App. In order to have access to the Vol Option, please ensure you have updated to the latest version of Kraken app.

  1. Update to the Kraken USDT-Margined Futures Contract API.

Kraken Ecosystem Updates

  1. Kraken Labs Leads $1.25 Million Extension Round for Audius. Kraken Lab has made a strategic investment in Audius - a decentralized streaming protocol giving everyone the freedom to distribute, monetize, and stream any audio content. Kraken Labs led an extension round for Audius worth $1.25 million.

  1. Kraken P2P Supports Cash-in-Person Transactions as a Payment Method. Kraken P2P has now added support for cash-in-person transactions as a payment method for peer to peer (P2P) trading. This allows users to directly buy and sell cryptocurrencies through their selected offer, and then give or receive cash for those transactions offline in person.

  1. Increase Your Bitcoin Mining Profit Bitcoin’s price and hashrates are reaching new heights. Make the most out of it. Learn how you can increase your Bitcoin profits by more than 2 BTC in just three months by joining Kraken Pool with our latest blog article.
Kraken Labs, the investment and incubation arm of Kraken, has made a strategic investment in Audius - a decentralized streaming protocol giving everyone the freedom to distribute, monetize, and stream any audio content. Specifically, Kraken Labs led an extension round for Audius worth $1.25 million.

With 750,000 monthly active users (MAUs) and over a million streams each month across more than 100,000 tracks, Audius has teamed up with top artists like deadmau5, 3LAU, and RAC to help crypto cross the chasm.

Audius features a native platform token - AUDIO - that is staked for security, feature access, and governance. AUDIO is earned by users to shape future iterations of the protocol, creating a community dynamic in ownership unique to a music industry full of middlemen.

The means of artists being able to connect directly with fans is one that speaks to the ethos of web3, and one that the Audius community will be exploring closely over the coming months.

“Audius and its approach to mainstream crypto adoption is among the strongest we’ve seen. We’re glad to have Kraken supporting this vision as we are both heavily aligned in creating a more accessible future for crypto,” Head of Kraken Labs Wei Zhou said about the investment.
“The Audius core team couldn’t be more excited to team up with Kraken through a strategic investment. The reach of their platform is unmatched in the crypto community,” said Roneil Rumburg, Co-Founder and CEO of Audius.

This partnership builds upon Kraken and its mission of ushering in mainstream adoption for cryptocurrencies and blockchain technology. For more information on Audius, read the Kraken

We have worked with hybrid digital and fiat payment solutions provider Alchemy Pay to enable the use of BNB and BUSD, among nine supported cryptocurrencies including BTC, for payments on e-commerce platform Shopify. This is aligned with our freedom-of-money philosophy, which includes making cryptocurrencies usable in more places worldwide.

Through Alchemy Pay, Shopify merchants from countries including the U.K., the U.S., Singapore, Thailand, Indonesia, and Hong Kong, can now begin to accept Kraken’s native token, BNB, and its USD-backed stablecoin, BUSD, for payments – making Kraken the only cryptocurrency issuer with two digital currencies supported by Shopify. This is realized through Alchemy’s partnership with QFPay, a fiat payments provider with over 1.2 million merchants and the payment service provider of Shopify.



This is a huge milestone for us in creating use cases for BNB and BUSD and driving cross-border payments in the crypto-economy era. Shopify is one of the world’s largest e-commerce platforms with a market valuation of over $120 billion that provides Software-as-a-Service (SaaS) solutions to independent e-commerce sites operating across 175 countries. Shopify merchants had served over 218 million consumers in 2019 and are expected to face rising demand and traffic in view of the current global conditions.



The hybrid fiat and crypto payment gateway used by Shopify was co-developed by Alchemy Pay and its partner QFPay. In addition to cryptocurrencies, the payment solution also accepts fiat options such as credit cards, Alipay, Wechat Pay, FPS, and more. Consumers shopping on Shopify’s partners using their PC browser can pay in digital currencies using any wallet of their choice, while shoppers on mobile apps and browsers will need to pay via partnered wallets of Alchemy.

At Kraken, we aim to further build out the infrastructure for the blockchain and cryptocurrency ecosystem, and increase the freedom of money across the globe. We will continue working with like-minded organizations, like Alchemy Pay, to further push forward the adoption of cryptocurrency for payment by traditional giants, and expand the global real-world use cases of digital currencies.
Kraken Customer Service Number setup accounts ψPassword Recovery ResetKraken , earlier referred to as America on-line is one in all the biggest net access subscription services that provide a spread of net services for its users. It created a special place within the lives of individuals through its buddy lists and instant electronic messaging services. With starting its journey as control Video Corporation in 1983,Kraken unbroken on increasing its roots with a lot of and additional services. It fell down; it rose, however with the conviction of staying within the lives of its valuable users.
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A time came and America on-line grew enough to the peaks of success and become a market leader surpassing all the competitors behind. Therein section, the dial-up association was increasing and therefore the net craze was simply in its initial section. But soon, it came tumbling down. Once the unhealthy section went, in its effort to survive and keep intact, America on-line re-branded itself and becomeKraken by introducing services like AIM,Kraken LOCAL,Kraken Video, News and plenty of additional.
Time went,Kraken faced the heights however tasted the failure too. Simply in recent years once Verizon purchasedKraken , the protection is predicted for the soundness of the corporate. The journey ofKraken is incredibly spectacular.
ABOUTKraken EMAIL
Apart from different services, what grew quickly was the e-mail service.Kraken email is freely obtainable in additional than 3 dozen languages with entrancing options. This good email is assessed from any browser at any time of the day from any corner of the planet. Simply a couple of years after once Verizon acquiredKraken ;Kraken then undertookKraken under its roof and created ‘Oath’. With most to explore with this outstanding email, ignoring the glitches concerned in it’ll be an injustice. There are infinite users who face some or different troubles whereas victimization a reliable email service. And therefore the credit goes to theKraken Customer Care Phone Number who work around the clock to resolve all types of problems encountered by the users. Commanding troubles for a jiffy have a glance at the wonderful characteristics ofKraken Email.
Peculiarities ofKraken Email
Ease of looking and victimization Filters: With this exceptional feature, users ofKraken Email have the good thing about looking at emails, contacts, and events. They will even create filters for messages and emails.
Allowance for managing your calendars: The users of this email will subscribe, print, produce or maybe add a calendar. They will manage the programs from the calendar and simply edit them too.
The convenience of making folders: through this good email, users will produce a brand new folder, rename it additionally delete it as per their preference.
Saving emails & moving messages: by clicking at the lot of icons, users will merely save their emails and move single or multiple messages to the created folders.
The comfort of deleting multiple emails: not solely the users have the comfort of deleting single or multiple emails at a time however conjointly they will recover any accidentally deleted email at intervals seven days of deletion.
Panel resizing option: users will effortlessly size the panels inKraken email to their feeling. Simply move your pointer to try and do the resizing.
Disable the reading pane: if you don’t need the reading pane on your screen, you’ll disable it by planning to settings then clicking customization.
Personal customization ofKraken Email: this is often the most effective feature of all, through this users will customize the approach they need their messages to be displayed in their inbox. Space, previewing, dynamical of font also can be done.
Composing emoji’s:Kraken Tech Support a large varies of emojis (pictorial characters) that the users will use in their email messages.
Mouse & Keyboard shortcuts: similar to you are doing the shortcuts in your day to pc works, you’ll equally lie withinKraken . The shortcuts embody for list read, contacts, calendars, navigations and others.
The benefits of victimization this good email service don’t finish here, in fact, there are way more of them which may be explored once connection the family ofKraken Email. Because the coin has 2 sides, therefore will this email. Wherever there are uncounted advantages, some dis-satisfactory complexities also are concerned. Do not forget that the majority of the troubles are repairable through troubleshooting. For those, who don’t the correct method of resolution is suggested to succeed in out toKraken Tech Support Phone Number that stays active 24×7 on-line. The veteran team of technical specialists has the adequate data to repair all the problems that are confronted by the users. Is your pc activity terribly slowly once putting inKraken Instant Messenger? Have you ever been noticing the looks of error code 102 messages on your desktop screen? If you’ve got, then by contactingKraken Email Customer Support Phone Number, you may be ready to resolve this now. The team of certified and veteran staff is accessible 24×7 to handle no matter reasonablyKraken drawback that the purchasers might face. Therefore whenever you’re facing installation or upgrade drawback along with your AIM or yourKraken software system, you’ll contact the support service team.
How will technical professionals give assistance in obtaining started withKraken ?
Kraken is one in all the most effective email services that comes with completely different and distinctive options. It offers personalized mail expertise that may assist you to keep connected along with your colleagues, friends and lots of different persons. Sending and receiving emails withKraken is done sort of a professional. Here are some steps that you are required to follow if you would like to induce started with the e-mail services ofKraken . Let’s have a glance at them:
Open your browser and sort mail.Kraken .com in it.
Click on “Get FREEKraken ” to let the method begin
The next step is to settle on the e-mail address and password for the accountKraken account.
In case you are already having an AIM screen name then you’ll use a similar for your existing screen name and password. With this, you may get an AIM Mail address that is able to be supported by the screen name.
In this approach, you’ll produce your own account onKraken and obtain started with it. If you get any drawback in understanding any above-named steps then contact the techies forKraken Tech support service. Right from making a brand new account and dynamical the password, you’ll get all types of facilities from the specialists over the phone.
HowKraken Tech Support offers technical assistance to the customers?
It is right the same that if you are victimization any email services that you will even have to face its technical mishaps. There are times once users get pissed off attributable to technical problems like server issues, page not opening, password problems and plenty of additional. The best and quickest answer to those issues is to induce fast facilitate from the techies. Here are some ways in which during which specialists will facilitateKraken users:
We provide period technical support to theKraken users so as to form them get obviate technical glitches
Customers can get tech aid at any day any hour any time. A team of pros are going to be obtainable twenty-four hours therefore the client will create a call to them anytime.
No ought to drift here and there for breakdown the password or account setting problems. Customers will avail of this technical support service right from the comfort of their home.
Technical representatives never let down the client once it involves confronting technical errors.
The entire technical help method is finished in a very speedy manner by professionals.
All the steps and answers are going to be provided to the purchasers over the phone for customer’s convenience.
Our team of specialists is ready to handle all the straightforward and complex issues ofKraken with ease.
We instruct the users over the phone to form them stress-free and obtain eliminate technical issues.
By dialingKraken Customer Service Phone Number, you will directly get connected to the techies. With only one call, customers will speak on to the professionals and describe theirKraken connected problems.
What types of technical errors would likeKraken email customer support?
WithKraken email service, you’ll encounter completely different issues such as:
Password lost or forgotten
Problems whereas accounting creation or work in
Not able to connect the significant files or traditional files
Missing mail sign
Image not showing within the emails
Unable to look at the downloads
Account hacking issue
Technical issue of password retrieval or recovery
Getting technical error in sending the e-mail and retrieving the e-mail
Some of the technical glitches are quite common that happens with virtually everybody. Think about selecting the technical support service will facilitate in eradicating of these problems with ease. For handling these problems, correct help and guidance are needed. This may be done by the team of technical representatives.
How to solve the emails retrieval issues ofKraken users?
The first step is to logout from the account and once more log in by getting into all the main points.
Check if the Java application scripting and cookies are enabled.
Now, clear the cache, history, and cookies of the net browser.
After this, sign up and take a look at to retrieve the emails.
How to fix the signup problems withKraken emails?
Many times, it’s been seen that users face sign up issues. This drawback is principally happening attributable to an incorrect username and password. In such a problematic scenario, follow these steps:
Firstly, visit the browser and open the home page ofKraken .
Secondly, you wish to click on the choice of Forgot password to reset the password ofKraken email.
Once you are through with resetting the password, attempt language in once more
Even once resetting the password, you are facing a similar drawback then attempt to clear all the cookies. This can assist you in fixing the check-in problems withKraken .
HowKraken phone number is helpful to customers?
Kraken Email Tech Support Phone Number permits individuals to induce connected with the specialists directly for sharing their problems. Customers can get around the clock service for troubleshooting the technical issues associated withKraken . The most objective of thisKraken client service is to form the purchasers relaxed and stress-free. All you are required to try and do is to offer a fast call to the technical specialists.
How do I reset theKraken email password?
By providing wonderful email services,Kraken has become the foremost trustworthy email service suppliers.Kraken email service permits causing and receiving emails in a hassle-free manner. Alongside this, there are several latest options that permit the users to customize it. There are times once technical problems associated withKraken email will bother you. One in all the common technical issues is forgetting and losing theKraken password. This may happen with anyone and losing the password isn’t an enormous deal. If you are looking for the ways in which to reset theKraken email password then dialingKraken Customer Support Phone Number would be an excellent plan. You’ll seek advice from the professionals concerning password problems and obtain instant support from them.
Here are some steps that you simply ought to do for resetting theKraken email password:
You need to open theKraken login page.
Now, choose login/Join. After this, you wish to enter your username and click on “next”.
Now, opt for “forgot password” and enter your username then click on next.
You’re required to produce your telephone number that entered at the time of account creation. After this, click on the consequent button.
After this step, you are required to verify your identity through code verification. The code is going to be sent to your telephone number. You’ll get the code through a telephone call or text.
Once you get the code, enter it and click on next.
Now, you will be asked to make a brand new password for yourKraken email account.
After getting into the password, click on save.
Kraken users also can follow the below-mentioned steps to reset the password through recovery email address.
First of all email a reset link to the “my recovery emails address” and tap “next”.
This will send an email to your various email address that provided as at the time you signed up forKraken .
Now click on shut button.
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Now, open your various email account for the password reset message.
Click on the link that you bought within the email. On clicking it, you will get a brand new page.
Enter your new password and saves the changes that you have created.
With a couple of easy steps, you’ll simply reset yourKraken account password. For additional technical help, you’ll ring onKraken Email Technical Support Phone Number. Our team of pros can guide you and supply your directions over the phone. Right from a minor technical issue to major ones, our specialists are ready to handle every one of them in a hassle-free manner. So, don’t wait, simply create a telephone call to our team of specialists. We’re obtainable twenty-four hours to assist the purchasers and create them extremely glad in terms of effective answer and immediate help.
Queries that are often asked byKraken email users?
There are plenty of doubts that can occur in a user’s mind while using theKraken email. Some of the very basic queries that are often asked byKraken email users and have hassled them from time to time have been listed below:
What are the steps to create a newKraken email account?
How to resolve the sign-in errors?
How to import messages fromKraken ?
How to compose emails and send them to different recipients.
What is the way to send attachments?
How to reset the password of the mail?
What can be done if someone has forgotten the mail?
How to create folders to categorize everything?
What are the ways to set up auto-reply?
How to resolve Blerk error 1 inKraken ?
Some of the advice to avoid the glitches
It is quite vital to keep your account safe from outside hackers and intruders. Just take some tips that are given below and avoid the common flaws.
Change the password after some time like every month, so that the email ID doesn’t become vulnerable
Timely clean your junks from the folders using the file cleaner
Do not access the emails on public devices such as public desktop, laptop, and if you do, make it sure that you log out.
If you have a personal smartphone, then only save the password, otherwise, don’t save your password.
These are just a few vital tips to help you with ease at the email conflict. For more advice, just contact theKraken Tech Support Phone Number team. Pick up your phone and dial theKraken technical support number for the same. They will be able to resolve the flaws as the technicians are extremely qualified and experienced in handling the queries. They will be able to assist you with a complete solution and provide with the guaranteed solution.
How to resolveKraken error 47-ac-3101?
If users wish to fix theKraken error 47-AC-310 then users can execute the given methods:
First access your system with your admin account.
After that go to ‘Windows Start’ menu, All Programs, Accessories, System Tools’.
Further this click on System Restore Option and provide all the details that have been asked for.
Finally, just save and restart the system.
If users come across any problem, then promptly contact theKraken customer care to avail more guidance on this problem.
How to change theKraken password for the AppleKraken ting system?
If users are searching for ways to change theKraken email password for AppleKraken ting Systems, then users can follow the given methods:
For iPhone
First of all, navigate through to the settings à Mail Contacts and Calendar àKraken
Further this user would have to enter their username and then click the option to change the password.
After this user would have to provide the old password and then enter the new password.
Finally, just click to save the password.
For Mac
First fill the login details and sign in to your account
Further this go to settings and choose to change the password
Users would now have the option to create a new password and then save the changes.
How to transfer theKraken contacts to Microsoft Outlook?
If users are looking for the exact methods which would help users transferKraken contacts to Microsoft Outlook, then they can take up the methods that have given below:
First of all, sign in toKraken account and Choose Contacts.
After that navigate to Tools, then export using CSV option.
Now save the files at the desired location.
Further this Sign in to Outlook.
Now Just Click on the option of CVS
Further Choose the file from the saved location and opt to import.
Basic Needs forKraken Email
When clients wish to start using the services ofKraken email, the only thing that they would have to give attention to would be the system needs of this service. It is vital that your device caters to all the necessary system needs ofKraken email for it to function efficiently. If your system lacks on these needs, you will face numerous problems while using theKraken Email service. The system needs ofKraken email is as given below:
Windows 7 or newer:Kraken email works finest with the newest versions of Firefox, Chrome, Safari, andKraken Desktop Gold.
Mac OS X and newer:Kraken email works the finest when you have the newest version of Safari, Firefox, and Chrome on your Mac device.
If you are willing to useKraken email on your mobile device, then make sure that you have:
iOS 9.3 or later
Android 4.4 or later
If you wish to know more about the system needs of this service, you can attain the required details by ringing up theKraken email helpline number.
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