List of Bitcoin Providers : usenet - reddit

Usenet Farm, a usenet provider, is accepting bitcoin (lightning) payments

Usenet Farm, a usenet provider, is accepting bitcoin (lightning) payments submitted by pcvcolin to Bitcoin [link] [comments]

Is there a list available somewhere with all usenet providers who accept bitcoins as payment?

submitted by TheGreatLeveler to usenet [link] [comments]

RESEARCH REPORT ABOUT ARYACOIN

RESEARCH REPORT ABOUT ARYACOIN
Author: Gamals Ahmed, CoinEx Business Ambassador

https://preview.redd.it/a7jv4azk86u51.jpg?width=1600&format=pjpg&auto=webp&s=e4a4dbb5afacd5747076beaa59e6343b805c3392

ABSTRACT

Aryacoin is a new cryptocurrency, which allows for decentralized, peer to peer transactions of electronic cash. It is like Bitcoin and Litecoin, but the trading of the coin occurs on sales platforms that have no restriction to use. Further, it was created with the goal of addressing the double spend issues of Bitcoin and does so using a timestamp server to verify transactions. It works by taking the hash of a block of items to be timestamped and widely publishing the hash. The timestamp proves that the data must have existed at the time in order to get the hash. Each timestamp then includes the previous timestamp in its hash, forming a chain.
The Aryacoin team is continuously developing new use cases for the coin, including exchanges where users can exchange the coins without any fees or restrictions, and offline options where the coins can be bought and sold for cash. The coins can also be used on the company’s other platform, mrdigicoin.io. Along with the coin, there is a digital wallet that can be created and controlled by the user entirely, with no control being retained by the Aryacoin team.

1.INTRODUCTION

The concept of Blockchain first came to fame in October 2008, as part of a proposal for Bitcoin, with the aim to create P2P money without banks. Bitcoin introduced a novel solution to the age-old human problem of trust. The underlying blockchain technology allows us to trust the outputs of the system without trusting any actor within it. People and institutions who do not know or trust each other, reside in different countries, are subject to different jurisdictions, and who have no legally binding agreements with each other, can now interact over the Internet without the need for trusted third parties like banks, Internet platforms, or other types of clearing institutions.
When bitcoin was launched it was revolutionary allowing people to transfer money to anytime and anywhere with very low transaction fees . It was decentralized and their is no third party involved in the transaction , only the sender and receiver were involved.
This paper provide a solution to the double-spending problem using a peer-to-peer distributed timestamp server to generate computational proof of the chronological order of transactions.The system is secure as long as honest nodes collectively control more CPU power than any cooperating group of attacker nodes. Bitcoin was made so that it would not be controlled or regulated but now exchanges and governments are regulating bitcoin and other cryptocurrencies at every step. Aryacoin was developed to overcome these restrictions on a free currency.
Aryacoin is a new age cryptocurrency, which withholds the original principle on which the concept of cryptocurrency was established. Combining the best in blockchain technology since the time of its creation, Aryacoin strives to deliver the highest trading and mining standards for its community.

1.1 OVERVIEW ABOUT ARYACOIN

Aryacoin is a new age cryptocurrency, which withholds the original principle on which the concept of cryptocurrency was established. Combining the best in blockchain technology since the time of its creation, Aryacoin strives to deliver the highest trading and mining standards for its community.
Aryacoin is a blockchain based project that allows users to access their wallet on the web and mobile browsers, using their login details.
Aryacoin can be mined; it also can be exchanged by other digital currencies in several world-famous exchanges such as Hitbtc, CoinEx, P2pb2b, WhiteBit, Changelly and is also listed in reputable wallets such as Coinomi and Guarda.
Aryacoin is a coin, which can be used by anyone looking to use cryptocurrency which allows them to keep their privacy even when buying/selling the coin along with while using the coin during transactions. Proof of work and cryptographic hashes allows transactions to verified.
Stable Fee Per AYA is a unique feature of Aryacoin, so by increasing the amount or volume of the transaction, there is no change in the fee within the network, which means that the fee for sending an amount less than 1 AYA is equal to several hundred million AYA. Another unique feature of Aryacoin is the undetectability of transactions in Explorer, such as the DASH and Monero, of course, this operation is unique to Aryacoin.
Using Aryacoin digital currency, like other currencies, international transactions can be done very quickly and there are no limitations in this area as the creators claim.
Aryacoin aims to allow users to access the Aryacoin wallet via the web and mobile browsers using their login details.
Aryacoin is a peer-to-peer electronic cash system that enables users to send and receive payments directly from one party to another, and allow them to transfer funds across borders with no restriction or third party involvement. The blockchain-based system embraces the digital signature, which prevents double spending and low transfer fees, which enables users to transfer huge amounts with very low fees. The proof-of-work consensus mechanism allows each transaction to be verified and confirmed, while anonymity enables users to use the coin anywhere at any time.
According to the website of the operation, each wallet is divided into 2 or more AYA wallet addresses for each transaction, and depending on the volume of the transaction block, the origin, and destination of transactions in the network can not be traced and displayed to the public.
In fact, each wallet in Aryacoin consists of a total of several wallets. The number of these wallets increases per transaction to increase both security and privacy. Aryacoin also uses the dPoW protocol. In the dPoW protocol, a second layer is added to the network to verify transactions, which makes “51% attack” impossible even with more than half of the network hash, and blocks whose Blockchain uses this second layer of security never run the risk of 51% attacks.
AYA has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by
first buying Bitcoin from any large exchanges and then transfer to the exchange that offers to trade this coin.

1.1.1 ARYACOIN HISTORY

Aryacoin (AYA) is a new cryptocurrency, which has been created by a group of Iranian developers, is an altcoin which allows for decentralised, peer to peer transactions of electronic cash without any fees whatsoever. Along with the coin, there is a digital wallet that can be created and managed by the user entirely, with no control being retained by the Aryacoin team.
Aryacoin’s founder, Kiumars Parsa, has been a fan of alternative currencies and particularly Bitcoin.
We see people from all around the world using Blockchain technology and the great benefits that came with it and it then that I decided to solve this puzzle for find a way of bringing the last missing piece to the jigsaw. The idea for Aryacoin was born.” Parsa said.
Parsa and his team of Iranian ex-pats not only persevered but expedited the project and just a year later, in the summer of 2019, the first version of Aryacoin was released. In 2020, Aryacoin is the first and only Iranian coin listed on CMC.
Parsa goes on to state that it is now the strength of the community that has invested in the coin that will ultimately drive its success, alongside its robust technology and appealing 0% network fees.
We have thousands of voices behind Aryacoin. People for the people make this coin. It is a massive shout out for democracy. This had made us base the whole team strategy on the benefits for both our users and our traders.
One key example is that the network fee on AYA Blockchain is 0%. Yes, absolutely nothing, which which differentiates us from other networks. What also differentiates us from other coins is that we have AYAPAY which is the first cryptocurrency Gateway in the world which does not save funds on third party storage with all funds being forwarded directly to any wallet address that the Gateway owner requests”.
So for the first time ever, and unlike other gateways, incoming funds will be saved on the users account with submitted withdrawal requests then made on the Gateway host website. In AYAPAY which has also been developed by the Aryacoin team, all funds without extra fees or extra costs will directly forwarded to users wallets. We have named this technology as CloudWithdrawal.
We are continuously challenging ourselves as it is a crowded marketplace. We are striving to have a safer Blockchain against 51% attacks, faster confirmations speeds of transactions, cheaper network fee, growing the market by cooperation with Top tier Exchangers.

1.1.2 ARYACOIN’S MAIN GOAL

Aryacoin’s main goal is to educate people and give them the freedom to use cryptocurrency in any way they want. Aryacoin empowers the users to transfer, pay, trade cryptocurrency from any country around the globe.
Platforms that have been created by Aryacoin Team, as well as those that will go live in future, operate on the same principle and exclude absolutely no one.

1.1.3 PROBLEM ARYACOIN SEEKS TO SOLVE

Aryacoin aims to provide a long-term solution to the problem of double spending, which is still common in the crypto market. The developers of the system have created a peer-to-peer distributed timestamp server that generates computational proof of the transactions as they occur.
Besides, the system remains secure provided honest nodes control more CPU power than any cooperating group of attacker nodes. While Bitcoin was designed not to be regulated or controlled, many exchanges and governments have put regulatory measures on the pioneer cryptocurrency at every step. Aryacoin aims to overcome these restrictions as a free digital currency.

1.1.4 BENEFITS OF USING ARYACOIN

Aryacoin solution offers the following benefits:
  • Real-time update: whether you’re going on a holiday or a business trip, no problem. You can access your coins all over the world.
  • Instant operations: Aryacoin makes it quite easy for you to use your digital wallet and perform various operations with it.
  • Safe and secure: all your data is stored encrypted and can only be decrypted with your private key, seed, or password.
  • Strong security: The system has no control over your wallet. You are 100% in charge of your wallet and funds.

1.1.5 ARYACOIN FEATURES

1. Anonymity
The coin provides decent level of anonymity for all its users. The users can send their transactions to any of the public nodes to be broadcasted , the transaction sent to the nodes should be signed by the private key of the sender address . This allows the users to use the coin anywhere any time , sending transactions directly to the node allows users from any place and country .
2. Real Life Usage
aryacoin’s team is continuously developing new and innovative ways to use the coins , they are currently developing exchanges where the users can exchange the coins without any fees and any restrictions . They also are currently developing other innovative technologies, which would allow users to spend our coins everywhere and anywhere.
3. Offline Exchanges
They are also working with different offline vendors which would enable them to buy and sell the coins directly to our users on a fixed/variable price this would allow easy buy/sell directly using cash . This would allow the coins to be accessible to users without any restrictions which most of the online exchanges have, also increase the value and number of users along with new ways to spend the coin. This would increase anonymity level of the
coin. In addition, introduce new users into the cryptomarket and technology. Creating a revolution, which educates people about crypto and introduce them to the crypto world, which introduces a completely new group of people into crypto and a move towards a Decentralized future!
4. Transactions
When it comes to transactions, Aryacoin embraces a chain of digital signatures, where each owner simply transfers the coin to the next person by digitally signing a hash of the previous transaction and the public key of the next owner. The recipient can then verify the signatures to confirm the chain of ownership. Importantly, Aryacoin comes with a trusted central authority that checks every transaction for double spending.
5. Business Partner with Simplex
Aryacoin is the first and only Iranian digital currency that managed to obtain a trading license in other countries.
In collaboration with the foundation and financial giant Simplex, a major cryptocurrency company that has large companies such as Binance, P2P, Changelly, etc. Aryacoin has been licensed to enter the world’s major exchanges, as well as the possibility of purchasing AYA through Credit Cards, which will begin in the second half of 2020.
Also, the possibility of purchasing Aryacoin through Visa and MasterCard credit cards will be activated simultaneously inside the Aryacoin site. plus, in less than a year, AYA will be placed next to big names such as CoinCapMarket, Coinomi, P2P, Coinpayments and many other world-class brands today.

1.1.6 WHY CHOOSE ARYACOIN?

If you want to use a cryptocurrency that allows you to keep your privacy online even when buying and selling the coins, the Aryacoin team claims that AYA is the way to go. Aryacoin is putting in the work: with more ways to buy and sell, and fixing the issues that were present in the original Bitcoin, plus pushing the boundaries with innovative solutions in cryptocurrencies. You can get started using Aryacoin (AYA) payments simply by having a CoinPayments account!

1.1.7 ARYANA CENTRALIZED EXCHANGE

Aryana, the first Iranian exchange is a unique platform with the following features:
  • The first real international Persian exchange that obtains international licenses and is listed in CoinMarketCap.
  • The first Iranian exchange that has been cooperating with a legal and European exchange for 3 years.
  • The possibility of trading in Tomans (available currency in Iran) at the user’s desired price and getting rid of the transaction prices imposed by domestic sites inside Iran.
  • There is an internal fee payment plan by Iranian domestic banks for depositing and withdrawing Tomans for Aryacoin holders in Aryana Exchange.
  • The number that you see on the monitor and in your account will be equal to the number that is transferred to your bank account without a difference of one Rial.
  • The last but not least, noting the fact that there is a trading in Tomans possibility in Aryana exchange.
Aryana Exchange is using the most powerful, fastest, and most expensive server in the world, Google Cloud Platform (GCP), which is currently the highest quality server for an Iranian site, so that professional traders do not lag behind the market even for a second.
The feature of Smart Trading Robots is one of the most powerful features for digital currency traders. Digital cryptocurrency traders are well aware of how much they will benefit from smart trading robots. In the Aryana exchange, it is possible to connect exchange user accounts to intelligent trading bots and trade even when they are offline.
The injection of $ 1 million a day in liquidity by the WhiteBite exchange to maintain and support the price of Tether and eliminate the Tether fluctuations with Bitcoin instabilities used by profiteers to become a matter of course.

1.1.8 HOW DOES ARYACOIN WORK?

Aryacoin (AYA) tries to ensure a high level of security and privacy. The team has made sure to eliminate any trading restrictions for the network users: no verification is required to carry out transactions on AYA, making the project truly anonymous, decentralized, and giving it a real use in day-to-day life. The Delayed-Proof-of-Work (dPoW) algorithm makes the Aryacoin blockchain immune to any attempts of a 51% attack. AYA defines a coin as a chain of digital signatures — each owner transfers the coin to the next owner by digitally signing the hash of the previous transaction and the public key of the next owner, and the receiver verifies the signatures and the chain of ownership.

2. ARYACOIN TECHNOLOGY

2.1 PROOF-OF-WORK

They use a proof-of-work system similar to Adam Back’s Hashcash to implement a distributed timestamp server on a peer-to-peer basis, rather than newspaper or Usenet publications. The proof-of-work involves scanning for a value that when hashed, such as with SHA-256, the hash begins with a number of zero bits. The average work required is exponential in the number of zero bits required and can be verified by executing a single hash.
For their timestamp network, they implement the proof-of-work by incrementing a nonce in the block until a value is found that gives the block’s hash the required zero bits. Once the CPU effort has been expended to make it satisfy the proof-of-work, the block cannot be changed without redoing the work. As later blocks are chained after it, the work to change the block would include redoing all the blocks after it.
The proof-of-work also solves the problem of determining representation in majority decision making. If the majority were based on one-IP-address-one-vote, it could be subverted by anyone able to allocate many IPs. Proof-of-work is essentially one-CPU-one-vote. The majority decision is represented by the longest chain, which has the greatest proof-of-work effort invested in it. If honest nodes control a majority of CPU power, the honest chain will grow the fastest and outpace any competing chains. To modify a past
block, an attacker would have to redo the proof-of-work of the block and all blocks after it, then catch up with, and surpass the work of the honest nodes.

2.2 NETWORK

The steps to run the network are as follows:
  • New transactions are broadcast to all nodes.
  • Each node collects new transactions into a block.
  • Each node works on finding a difficult proof-of-work for its block.
  • When a node finds a proof-of-work, it broadcasts the block to all nodes.
  • Nodes accept the block only if all transactions in it are valid and not already spent.
This is a very simple system that makes the network fast and scalable, while also providing a decent level of anonymity for all users. Users can send their transactions to any of the public nodes to be broadcast, and the private key of the sender’s address should sign any transaction sent to the nodes. This way, all transaction info remains strictly confidential. It also allows users to send transactions directly to the node from any place at any time and allows the transferring of huge amounts with very low fees.

2.3 AYAPAY PAYMENT SERVICES GATEWAY:

According to creators Aryacoin, the development team has succeeded in inventing a new blockchain technology for the first time in the world, which is undoubtedly a big step and great news for all digital currency enthusiasts around the world.
This new technology has been implemented on the Aryacoin AYAPAY platform and was unveiled on October 2. AYAPAY payment platform is the only payment gateway in the world that does not save money in users’ accounts and transfers incoming coins directly to any wallet address requested by the gateway owner without any additional transaction or fee.
In other similar systems or even systems such as PayPal, money is stored in the user account.

2.4 CONSENSUS ALGORITHM IN ARYACOIN

The devs introduced the Delayed-Proof-of-Work (dPoW) algorithm, which represents a hybrid consensus method that allows one blockchain to take advantage of the security provided by the hashing power of another blockchain. The AYA blockchain works on dPoW and can use such consensus methods as Proof-of-Work (PoW) or Proof-of-Stake (PoS) and join to any desired PoW blockchain. The main purpose of this is to allow the blockchain to continue operating without notary nodes on the basis of its original consensus method. In this situation, additional security will no longer be provided through the attached blockchain, but this is not a particularly significant problem. dPoW can improve the security level and reduce energy consumption for any blockchain.

2.5 DOUBLE-SPEND PROBLEM AND SOLUTION

One of the main problems in the blockchain world is that a receiver is unable to verify whether or not one of the senders did not double-spend. Aryacoin provides the solution, and has established a trusted central authority, or mint, that checks every transaction for double-spending. Only the mint can issue a new coin and all the coins issued directly from the mint are trusted and cannot be double-spent. However, such a system cannot therefore
be fully decentralized because it depends on the company running the mint, similar to a bank. Aryacoin implements a scheme where the receiver knows that the previous owners did not sign any earlier transactions. The mint is aware of all transactions including which of them arrived first. The developers used an interesting solution called the Timestamp Server, which works by taking a hash of a block of items to be ‘timestamped’ and publishing the hash. Each timestamp includes the previous timestamp in its hash, forming a chain. To modify a block, an attacker would have to redo the proof-of-work of all previous blocks, then catch up with, and surpass the work of the honest nodes. This is almost impossible, and makes the network processes more secure. The proof-of-work difficulty varies according to circumstances. Such an approach ensures reliability and high throughput.

3. ARYACOIN ROADMAP

April 2019: The launch of Aryacoin; AYA ICO, resulting in over 30BTC collected
December 2019: The launch of AYA Pay
April 2020: The successful Hamedan Hardfork, supported by all AYA exchanges, aimed at integrating the dPoW algorithm, improving the security of the AYA blockchain.
June 2020: Aryana Exchange goes live, opening more trading opportunities globally
July 2020: The enabling of our Coin Exchanger
November 2020: The implementation of Smart Contracts into the Aryacoin Ecosystem
Q1 2021: Alef B goes live (more details coming soon)

4. THE NUCYBER NETWORK COMMUNITY & SOCIAL

Website: https://aryacoin.io/
Explorer: https://explorer.aryacoin.io/
Github: https://github.com/Aryacoin/Aryacoin
Twitter: 1.1k followers https://twitter.com/AryacoinAYA
Reddit: 442 members https://github.com/nucypher
Instagram: 3.8k followers https://www.instagram.com/mrdigicoin/ Telegram: 5.9k subscribers https://t.me/AYA_Global

5. SUMMARY

Aryacoin (AYA) is a new age cryptocurrency that combines the best of the blockchain technology and strives to deliver high trading and mining standards, enabling users to make peer-to-peer decentralized transactions of electronic cash. Aryacoin is part of an ecosystem that includes payment gateway Ayapay and the Ayabank. AYA has a partnership with the Microsoft Azure cloud platform, which provides the ability to develop applications and store data on servers located in distributed data centers. The network fee for the AYA Blockchain is 0%. In Ayapay service, which has been developed by the Aryacoin team, all funds without extra fees or costs are directly forwarded to users’ wallets with technology called CloudWithdrawal. The devs team is introducing new use cases including exchanges where users will exchange AYA without any restrictions. You can buy AYA on an exchange of your choice, create an Aryacoin wallet, and store it in Guarda.

6. REFERENCES

1) https://coincodex.com/crypto/aryacoin/
2) https://www.icosandstos.com/coin/Aryacoin%20AYA/YuXO60UPF3
3) https://www.publish0x.com/iran-and-cryptocurrency/a-brief-introduction-of-aryacoin-first-ever-iranian-cryptocu-xoldlom
4) https://techround.co.uk/cryptocurrency/aryacoin-the-digital-currency-created-by-iranians/
5) https://bitcoinexchangeguide.com/aryacoin/
6) https://blog.coinpayments.net/coin-spotlight/aryacoin
7) https://guarda.com/aryacoin-wallet
submitted by CoinEx_Institution to Coinex [link] [comments]

Don't blindly follow a narrative, its bad for you and its bad for crypto in general

I mostly lurk around here but I see a pattern repeating over and over again here and in multiple communities so I have to post. I'm just posting this here because I appreciate the fact that this sub is a place of free speech and maybe something productive can come out from this post, while bitcoin is just fucking censorship, memes and moon/lambo posts. If you don't agree, write in the comments why, instead of downvoting. You don't have to upvote either, but when you downvote you are killing the opportunity to have discussion. If you downvote or comment that I'm wrong without providing any counterpoints you are no better than the BTC maxis you despise.
In various communities I see a narrative being used to bring people in and making them follow something without thinking for themselves. In crypto I see this mostly in BTC vs BCH tribalistic arguments:
- BTC community: "Everything that is not BTC is shitcoin." or more recently as stated by adam on twitter, "Everything that is not BTC is a ponzi scheme, even ETH.", "what is ETH supply?", and even that they are doing this for "altruistic" reasons, to "protect" the newcomers. Very convenient for them that they are protecting the newcomers by having them buy their bags
- BCH community: "BTC maxis are dumb", "just increase block size and you will have truly p2p electronic cash", "It is just that simple, there are no trade offs", "if you don't agree with me you are a BTC maxi", "BCH is satoshi's vision for p2p electronic cash"
It is not exclusive to crypto but also politics, and you see this over and over again on twitter and on reddit.
My point is, that narratives are created so people don't have to think, they just choose a narrative that is easy to follow and makes sense for them, and stick with it. And people keep repeating these narratives to bring other people in, maybe by ignorance, because they truly believe it without questioning, or maybe by self interest, because they want to shill you their bags.
Because this is BCH community, and because bitcoin is censored, so I can't post there about the problems in the BTC narrative (some of which are IMO correctly identified by BCH community), I will stick with the narrative I see in the BCH community.
The culprit of this post was firstly this post by user u/scotty321 "The BTC Paradox: “A 1 MB blocksize enables poor people to run their own node!” “Okay, then what?” “Poor people won’t be able to use the network!”". You will see many posts of this kind being made by u/Egon_1 also. Then you have also this comment in that thread by u/fuck_____________1 saying that people that want to run their own nodes are retarded and that there is no reason to want to do that. "Just trust block explorer websites". And the post and comment were highly upvoted. Really? You really think that there is no problem in having just a few nodes on the network? And that the only thing that secures the network are miners?
As stated by user u/co1nsurf3r in that thread:
While I don't think that everybody needs to run a node, a full node does publish blocks it considers valid to other nodes. This does not amount to much if you only consider a single node in the network, but many "honest" full nodes in the network will reduce the probability of a valid block being withheld from the network by a collusion of "hostile" node operators.
But surely this will not get attention here, and will be downvoted by those people that promote the narrative that there is no trade off in increasing the blocksize and the people that don't see it are retarded or are btc maxis.
The only narrative I stick to and have been for many years now is that cryptocurrency takes power from the government and gives power to the individual, so you are not restricted to your economy as you can participate in the global economy. There is also the narrative of banking the bankless, which I hope will come true, but it is not a use case we are seeing right now.
Some people would argue that removing power from gov's is a bad thing, but you can't deny the fact that gov's can't control crypto (at least we would want them not to).
But, if you really want the individuals to remain in control of their money and transact with anyone in the world, the network needs to be very resistant to any kind of attacks. How can you have p2p electronic cash if your network just has a handful couple of nodes and the chinese gov can locate them and just block communication to them? I'm not saying that this is BCH case, I'm just refuting the fact that there is no value in running your own node. If you are relying on block explorers, the gov can just block the communication to the block explorer websites. Then what? Who will you trust to get chain information? The nodes needs to be decentralized so if you take one node down, many more can appear so it is hard to censor and you don't have few points of failure.
Right now BTC is focusing on that use case of being difficult to censor. But with that comes the problem that is very expensive to transact on the network, which breaks the purpose of anyone being able to participate. Obviously I do think that is also a major problem, and lightning network is awful right now and probably still years away of being usable, if it ever will. The best solution is up for debate, but thinking that you just have to increase the blocksize and there is no trade off is just naive or misleading. BCH is doing a good thing in trying to come with a solution that is inclusive and promotes cheap and fast transactions, but also don't forget centralization is a major concern and nothing to just shrug off.
Saying that "a 1 MB blocksize enables poor people to run their own" and that because of that "Poor people won’t be able to use the network" is a misrepresentation designed to promote a narrative. Because 1MB is not to allow "poor" people to run their node, it is to facilitate as many people to run a node to promote decentralization and avoid censorship.
Also an elephant in the room that you will not see being discussed in either BTC or BCH communities is that mining pools are heavily centralized. And I'm not talking about miners being mostly in china, but also that big pools control a lot of hashing power both in BTC and BCH, and that is terrible for the purpose of crypto.
Other projects are trying to solve that. Will they be successful? I don't know, I hope so, because I don't buy into any narrative. There are many challenges and I want to see crypto succeed as a whole. As always guys, DYOR and always question if you are not blindly following a narrative. I'm sure I will be called BTC maxi but maybe some people will find value in this. Don't trust guys that are always posting silly "gocha's" against the other "tribe".
EDIT: User u/ShadowOfHarbringer has pointed me to some threads that this has been discussed in the past and I will just put my take on them here for visibility, as I will be using this thread as a reference in future discussions I engage:
When there was only 2 nodes in the network, adding a third node increased redundancy and resiliency of the network as a whole in a significant way. When there is thousands of nodes in the network, adding yet another node only marginally increase the redundancy and resiliency of the network. So the question then becomes a matter of personal judgement of how much that added redundancy and resiliency is worth. For the absolutist, it is absolutely worth it and everyone on this planet should do their part.
What is the magical number of nodes that makes it counterproductive to add new nodes? Did he do any math? Does BCH achieve this holy grail safe number of nodes? Guess what, nobody knows at what number of nodes is starts to be marginally irrelevant to add new nodes. Even BTC today could still not have enough nodes to be safe. If you can't know for sure that you are safe, it is better to try to be safer than sorry. Thousands of nodes is still not enough, as I said, it is much cheaper to run a full node as it is to mine. If it costs millions in hash power to do a 51% attack on the block generation it means nothing if it costs less than $10k to run more nodes than there are in total in the network and cause havoc and slowing people from using the network. Or using bot farms to DDoS the 1000s of nodes in the network. Not all attacks are monetarily motivated. When you have governments with billions of dollars at their disposal and something that could threat their power they could do anything they could to stop people from using it, and the cheapest it is to do so the better
You should run a full node if you're a big business with e.g. >$100k/month in volume, or if you run a service that requires high fraud resistance and validation certainty for payments sent your way (e.g. an exchange). For most other users of Bitcoin, there's no good reason to run a full node unless you reel like it.
Shouldn't individuals benefit from fraud resistance too? Why just businesses?
Personally, I think it's a good idea to make sure that people can easily run a full node because they feel like it, and that it's desirable to keep full node resource requirements reasonable for an enthusiast/hobbyist whenever possible. This might seem to be at odds with the concept of making a worldwide digital cash system in which all transactions are validated by everybody, but after having done the math and some of the code myself, I believe that we should be able to have our cake and eat it too.
This is recurrent argument, but also no math provided, "just trust me I did the math"
The biggest reason individuals may want to run their own node is to increase their privacy. SPV wallets rely on others (nodes or ElectronX servers) who may learn their addresses.
It is a reason and valid one but not the biggest reason
If you do it for fun and experimental it good. If you do it for extra privacy it's ok. If you do it to help the network don't. You are just slowing down miners and exchanges.
Yes it will slow down the network, but that shows how people just don't get the the trade off they are doing
I will just copy/paste what Satoshi Nakamoto said in his own words. "The current system where every user is a network node is not the intended configuration for large scale. That would be like every Usenet user runs their own NNTP server."
Another "it is all or nothing argument" and quoting satoshi to try and prove their point. Just because every user doesn't need to be also a full node doesn't mean that there aren't serious risks for having few nodes
For this to have any importance in practice, all of the miners, all of the exchanges, all of the explorers and all of the economic nodes should go rogue all at once. Collude to change consensus. If you have a node you can detect this. It doesn't do much, because such a scenario is impossible in practice.
Not true because as I said, you can DDoS the current nodes or run more malicious nodes than that there currently are, because is cheap to do so
Non-mining nodes don't contribute to adding data to the blockchain ledger, but they do play a part in propagating transactions that aren't yet in blocks (the mempool). Bitcoin client implementations can have different validations for transactions they see outside of blocks and transactions they see inside of blocks; this allows for "soft forks" to add new types of transactions without completely breaking older clients (while a transaction is in the mempool, a node receiving a transaction that's a new/unknown type could drop it as not a valid transaction (not propagate it to its peers), but if that same transaction ends up in a block and that node receives the block, they accept the block (and the transaction in it) as valid (and therefore don't get left behind on the blockchain and become a fork). The participation in the mempool is a sort of "herd immunity" protection for the network, and it was a key talking point for the "User Activated Soft Fork" (UASF) around the time the Segregated Witness feature was trying to be added in. If a certain percentage of nodes updated their software to not propagate certain types of transactions (or not communicate with certain types of nodes), then they can control what gets into a block (someone wanting to get that sort of transaction into a block would need to communicate directly to a mining node, or communicate only through nodes that weren't blocking that sort of transaction) if a certain threshold of nodes adheres to those same validation rules. It's less specific than the influence on the blockchain data that mining nodes have, but it's definitely not nothing.
The first reasonable comment in that thread but is deep down there with only 1 upvote
The addition of non-mining nodes does not add to the efficiency of the network, but actually takes away from it because of the latency issue.
That is true and is actually a trade off you are making, sacrificing security to have scalability
The addition of non-mining nodes has little to no effect on security, since you only need to destroy mining ones to take down the network
It is true that if you destroy mining nodes you take down the network from producing new blocks (temporarily), even if you have a lot of non mining nodes. But, it still better than if you take down the mining nodes who are also the only full nodes. If the miners are not the only full nodes, at least you still have full nodes with the blockchain data so new miners can download it and join. If all the miners are also the full nodes and you take them down, where will you get all the past blockchain data to start mining again? Just pray that the miners that were taken down come back online at some point in the future?
The real limiting factor is ISP's: Imagine a situation where one service provider defrauds 4000 different nodes. Did the excessive amount of nodes help at all, when they have all been defrauded by the same service provider? If there are only 30 ISP's in the world, how many nodes do we REALLY need?
You cant defraud if the connection is encrypted. Use TOR for example, it is hard for ISP's to know what you are doing.
Satoshi specifically said in the white paper that after a certain point, number of nodes needed plateaus, meaning after a certain point, adding more nodes is actually counterintuitive, which we also demonstrated. (the latency issue). So, we have adequately demonstrated why running non-mining nodes does not add additional value or security to the network.
Again, what is the number of nodes that makes it counterproductive? Did he do any math?
There's also the matter of economically significant nodes and the role they play in consensus. Sure, nobody cares about your average joe's "full node" where he is "keeping his own ledger to keep the miners honest", as it has no significance to the economy and the miners couldn't give a damn about it. However, if say some major exchanges got together to protest a miner activated fork, they would have some protest power against that fork because many people use their service. Of course, there still needs to be miners running on said "protest fork" to keep the chain running, but miners do follow the money and if they got caught mining a fork that none of the major exchanges were trading, they could be coaxed over to said "protest fork".
In consensus, what matters about nodes is only the number, economical power of the node doesn't mean nothing, the protocol doesn't see the net worth of the individual or organization running that node.
Running a full node that is not mining and not involved is spending or receiving payments is of very little use. It helps to make sure network traffic is broadcast, and is another copy of the blockchain, but that is all (and is probably not needed in a healthy coin with many other nodes)
He gets it right (broadcasting transaction and keeping a copy of the blockchain) but he dismisses the importance of it
submitted by r0bo7 to btc [link] [comments]

Best usenet services that accept BitCoin?

It's been years (since around the late 90's) that I've used Usenet and am looking to get back into it; I'd rather use BitCoin as a payment source though, can anyone recommend some excellent services that will accept it?
submitted by GeekDrop to usenet [link] [comments]

StingyUsenet, great usenet, mediocre support

Waddup all!
StingyUsenet is the new kid in town and here to convince you that Usenet doesn't have to be expensive.
Being cheap has a downsite and that is why you can't rely on a quick answer when contacting our support team, we will try, but do not promise. We make things easy for us and for you guys and thats why we just have one package: STINGY which is available in 30, 180 and 365 days and a rather awesome Control Panel, if i say so myself.
By the way: we resell Abavia.
Our plan is €4,95 per 30 days, €28,95 per 180 days and €54,95 for 365 days. All unlimited speeds, 1250 days of retention (who needs more) and 50 connections.
We accept all the major payment methods including Bitcoin, Credit Card and iDeal.
So, do you think you know what you are doing and in search of a cheap usenet provider? StingyUsenet is here for you!
Are you ready? Order STINGY now and use discount code REDDIT25 to get your time limited discount code!
https://stingyusenet.com/en/orde?promocode=REDDIT25
Got questions? Let me know! My team and I can help you out. But again we're cheap so don't expect a quick answer ;-)
submitted by theferos to usenet [link] [comments]

Looking for a fast seedbox to replace Seedboxes.cc

--
Other important criteria might include, you might touch on, is for example:
submitted by seannymurrs to seedboxes [link] [comments]

Supporting independent providers/backbones?

Hi! I'm a Usenet user since almost 10 years. I have been on a whole lot of different providers over the years and at the moment I'm using a block account by a provider that I am pretty sure is a re-seller for Omicron. I am looking at buying an unlimited account for a year and after reading around the web about the state of Usenet I see that Omicron (formerly Highwinds) has increased their monopoly even more than a few years ago. It's a bad development and I would really like to put my money in to some independent provider to keep diversity alive.
As far as I can see from https://www.reddit.com/usenet/wiki/providers, the providers with 1000 days+ retention that have nothing to do with Omicron are all based on the Abavia backbone (for EU at least) and the best priced ones are Cheapnews and XS news. I exclude Giganews because they are expensive and Newsguy because it's a US provider. Are these truly my only options?
So basically I'm down to Abavia and if looking for lowest price then Cheapnews seems to be my only option? Can I be sure that I do not support Omicron if I select Cheapnews, does anyone have any inside info on what stance cheapnews takes against buying from (selling out to) Omicron?
My preferences are: EU based, not in any way affiliated with Omicron, accepts Bitcoin and out of these three criteria, the cheapest/highest retention would be the best of course.
Edit: I went with UsenetExpress as suggested by a user in the comments and so far I'm happy. They take Bitcoin payments, are independent and even though they only have servers in the US (for a bit longer) I still almost max out my 250mbit line. I get 20MB/s from their server and from most EU providers I get around 25-27MB/s, so not bad at all. For anyone wondering they have a good deal right now of 35$ for a year, which is what I used.
Thank you everyone for your suggestions and support!
submitted by Mr0ldy to usenet [link] [comments]

Why would an average person actually choose to use Bitcoin?

(Cross post from https://bitcointalk.org/index.php?topic=131154.0) That is a question that I come across quite often. For example,
From: Cardiovorax
I understand all the ideological reasons for why someone might want to choose Bitcoin. Most of them are fairly crazy, but at least they're there. What I don't get are the practical benefits, why an average person would actually choose to use them. If you aren't worried about the government or the banks or planning to get rich quickly 2140, then what can Bitcoin actually do for you? That's the part that nobody has really managed to explain so far in any of the threads, at least as far as I can remember.
To be fair, we understand the currency, it's inner workings, and thus its potential quite well, but while we profess how great it is, with $'s and stars in our eyes, we likely forget that the people we are talking to don't know or understand everything that we do. So, I think we should come up with some examples that answer the question of "why would an average person care" (or re-paste them from older necro threads). Here are some of mine:
1) It lets you send money overseas cheaper than using a bank wire (FIAT > BTC > BTC > FIAT has way better fees and exchange rates than bank wire, Western Union, etc).
2) It lets anyone open a virtual bank account without needing access to a physical bank. For example, some banks charge fees and require minimum balances for accounts, which may be prohibitively expensive. Some areas around the world don't even have banks other than in far away big cities. And in some cases, it's easier to just create a new Bitcoin wallet to store money in, than it is to drive down to a bank, fill out forms, come up with profs of ID, wait days for them to be verified, and another week for your account to actually be ready to use (especially if you're looking for a small business account).
3) It lets you accept payments online easily and way cheaper than with VISA, PayPal, or other such services. Heck, you can even just get a bitcoin address from MtGox or any other exchange, set up your account to instantly exchange any received BTC for local currency, and you're done.
4) It lets you accept payments over e-mail or any other service that can transmit text (even photos, as seen on girlsgonebitcoin). Some sellers may not have the means to build a website, but can still send out an invoice, asking to send payments to a specific address. (i.e. someone living in a poor country who only has access to an internet cafe, or someone who just doesn't have web skills).
5) It lets you accept tips or donations using any website. You can upload videos to YouTube, photos to Flickr, posts to a blog, music to Soundcloud, art to Deviantart, or comic strips to GoComics, and to accept donations all you need is to include a string of text in the description. No need to set up any money-accepting plugins, set up any bank or financial accounts, or rely on features provided by the service being used.
6) It lets you send money to places where PalPal or other money transmitting services are blocked, for example Russia or India, and is much cheaper for sending money to family in other countries. Even if that country they can't send money to is US, as in the example of the parents in Iran sending $2,000 to their college student son living here.
7) It lets you send huge sums of money overseas quickly and cheaply. If you were in US and you needed to pay $1,000,000 for a shipment from China, using normal methods of wiring money would take two or more weeks, and will cost more than $25,000 for the transaction. With Bitcoin, it takes a few hours, and costs $12,000 or less.
8) It lets you send micropayments better than anything else out there. It's easy and practically free to send $0.01 to anyone else using BTC, but would cost about $0.25 for just the fee to use the USD/EUR system. Any micropayment system that uses USD/EUR would have to sit on top of a larger system that stores all the money in a single large account, and all micropayments would have to be done as accounting entries within that account, instead of money actually moving around (i.e. you have to fund the system with a large payment, do your micropayment transactions, and withdraw when your fund is big enough again). This means micropayments using USD/EUR are restricted to only within specific services (i.e. your pre-paid micropayments fund that you use to pay for news articles can only be used within that news website)
9) It lets you create programs and services with their own bank accounts (the software stores value, as opposed to value always being linked to a real world person and a real world outside-the-service bank account). The Reddit tipbot is an excellent example of this, and would be impossible with USD/EUR, since to build it using FIAT, someone would have to open a real world bank account under their name (with all the forms, proofs of ID, etc), set it up to accept money transfers from others using PayPal, VISA, or something else, which will charge fees, have nasty exchange rates, have to keep to strict AML regulations, and be restricted to certain specific countries. Plus it would have all the micropayment issues mentioned above. With Bitcoin, all the "banking" is done with software, requiring no permissions, and no single programmer's name has to be linked with any bank accounts.
10) It lets you instantly fund USD/EUR based accounts around the world. The small LLC I started up keeps a BTC cash account for minor business expenses, and my business partners around the world will have Bitcoin funded VISA debit cards (as soon as Bitinstant releases them). That way, all the money is stored safely in the business vault, and if they need to pay for any business expenses, no matter where they are on the planet, or what their home currency is, I can fund their cards from home within 10 minutes. That's impossible with ACH, wires, or whatever else is out there.
11) It lets you link a payment account to a contract using address signing. For example, Person A agrees to buy Person B's debt. They write up an agreement contract, and instead of signing it with PGP keys, they sign it with A's and B's bitcoin addresses. Then money is sent from Address A to Address B, and any repayments are sent from Address B to Address A. That way, Person B can't claim that they never received the money, and Person A can't claim that they are still owed more than they really are, since all transactions are publicly verifiable on the block chain using the very addresses that were used to sign the contract. There is no need for any legal disputes of who owes what, since the blockchain keeps both parties honest (I actually did this already).
If you can think of anything else, please add it to the list.
EDIT: 12) Usenet has recently gone through the Wikileaks experience, with copyright behemoths pressuring VISA, PayPal, et all, to stop processing payments for Usenet service providers. Many have switched to Bitcoin since then, and I personally know Usener user who followed, now buying his btc from me for that purpose.
submitted by Rassah to Bitcoin [link] [comments]

Seedbox Suggestions for people in Germany? :)

Hey everyone!
I wanted to know if you could suggest a Seedbox-Provider for me.

What is your budget per month?
5-8$ would be great!
How much disk space do you need?
150-300GB Minimum preferrably more.
Are you looking for shared or dedicated seedbox?
shared
Particular uses, streaming? VPN? One-click ease? Racing?
OpenVPN would be great, no Plex needed. SABnzbd would be great tho.
Other important criteria might include, you might touch on, is for example:
Would be great if my Usenet would be able to run on the Seedbox too, so i could completely stop it here on my IP.
What is the primary reason for getting a seedbox? DMCA? Ratio? Wife discovered Porn? Please expand.
Privacy of course. My wife can look at my porn if she wants :D
Location (yours and/or the vendors)? Most seedboxes are concentrated in Europe (France, Netherlands, Germany)
I'm from Germany, and i'd like a provider thats definitely not in Germany, Netherlands & US preferred.
Particular speed (100M, 1G, 10G, Ludicrous Speed, etc)? Slow, fast, fastest.
100Mbit would be enough. I'd prefer space over speed.
Do you use public trackers extensively?
Nope.
How much experience do you have with seedboxes, linux, and alike? Need a lot of handholding?
Still new to seedboxes, but i've got no problem with some linux, IT-Technician here :D
Is your location problematic? e.g. I'm at university. I'm one of three people on the island of Yap.
Other than Germany being an ass with lawyers and stuff, no.
Particular payment methods the vendor needs to accept: bitcoin, paypal, paysafecard, Turkish Lire?
Bitcoin or Paypal would be good. Don't have an Credit Card.
Particular content: Games, TV shows, Anime; Movies; Remuxes; the oeuvre of Fatty Arbuckle?
Anime, maybe games & TV.
Using problemsome trackers like public ones or challenging trackers like RED and CHD?
Nope.
Any idea on how much bandwidth you need a month? 1TB; 3TB; 30TB?
Don't download that much, so 1-2TB would suffice.
Are you a paranoiac, need special safety assurances?
Yeeeeaaaahhh :D OpenVPN would be great, a Company who states something about privacy on their site would be nice.
Other more unique requirements? You want to run a website too; Azureus is your favorite client, can't live without it; Or god forbid you really, really need Windows.
No nothing. Just curious about hearing if there are other nice Seedbox-Hosters. I'm currently trying out Evoseedbox, but they don't offer everything i want, so i wanted to know if there are better alternatives.
Thanks in Advance,
Nebroth
submitted by Nebroth to seedboxes [link] [comments]

Looking to bring down costs slightly, not a demanding user

I'm currently with WhatBox and have been for years, and I think they're a great team, but my needs are changing slightly and I'm looking to halve my costs. I'm on a HDD EU plan (€21) at the moment. I've been told more than once there are better options for me, but they've never let me down and I value good customer service.
I'm also aware of deals that are likely to be coming up on Black Friday, so this is really about getting recommendations on a new provider.
TIA.
submitted by DirtyOldFrank to seedboxes [link] [comments]

Increasing Value (Not Cost) - Let your favorite merchant know you want Vert Support!

Hi all,
I post about this semi regularly, but the current popularity should be more than enough to confirm to those who doubted us the last time around that asics are indeed a problem, and a strong decentralized currency with great developers and a fantastic community is needed to keep the crypto world moving forward.
Do you have a favorite merchant that accepts bitcoins or other alts that you feel is doing themselves a disservice by not supporting vert? Contact them! A co-worker reached out to lucid posters (last on this list) and they got back to him in 24 hours with support.
Remember, Vertcoin's goal is to stay asic resistant with a focus on decentralization. This keeps the little guy in the game as game since specialized hardware (Asics) are CURRENTLY being released for litecoin and it's variants. Just as we saw happen to Bitcoin, the difficulty becomes so great that only those who can afford large installations of that hardware can make any significant return. This leads to the very centralization problems the creator of Bitcoin warned against many years ago.
Double Remember: Moolah.io makes taking payments easy!
My informal list as of today:
submitted by stryken to vertcoin [link] [comments]

Consensus 2018 Report (Continuous Updates Through May 17th)

Happy Wednesday! We are live!
Consensus Short Statistics
State of Blockchain
Don Tapscott
-"We are entering a new era of trust"
-Generally remarked on the benefits of blockchain. Identified the 7 types of crypto assets (Currencies, Collectibles, Stablecoins, Natural Asset Tokens [Representing minerals, water], Utility Tokens, and Security Tokens.)
FedEx
As I remarked in my comment earlier, FedEx is incredibly bullish on blockchain technology generally, but specifically in it's applications for cross-border shipping and asset-tracking. As I learned, the definition of what constitutes a "coffee cup" differs from place to place. Using blockchain, Smith says, FedEx can protect against unforeseen obstacles at customs. "Information about the package is as important as the package itself," he claims, further adding that the risk of experimenting with cryptocurrency is "de minimis" when compared to its alternative. During the session, FedEx unveiled "Trons", bluetooth-enabled sensors integrated with blockchain first announced in 2016.
Jim Bullard, St. Louis Fed
Fantastic, informational lecture regarding the history of currency and how civilizations have reacted to various implementations. Generally, Bullard notes, humans want a uniform currency. He compared cryptos with state/provincial bank notes, citing the problems faced with exchange, regulation, and value verification. We haven't yet realized this problem with cryptocurrencies since the market cap is relatively small.
Insightful statistics about and charts comparing GDP to the inflation/exchange rates of the DollaYen. Surprisingly, the volatility charts look worse than Bitcoin. Catch all of these when the videos are released later this week.
Summarizing, Bullard claimed that there will be a plurality of coins sharing the ecosystem, each providing a specific use. The Federal Reserve will likely mint a fiat/cryptocurrency that represents a stable stock of U.S. dollars sometime in the mid term future.
Jed McCaleb
I spoke with Jed of the Stellar Foundation. This is a Bitcoin subreddit, so I'll skip this part. You can find the full transcript of his thoughts here.
Charlie Lee and David Schwarz
Both spoke on a panel about interoperability between Bitcoin, Litecoin, Ripple, etc. Developers better understand that most cryptocurrencies can interface as long as they use the same "hooks". Schwartz compared this ideal system akin to TCP-IP; a minimal framework making as few technological demands as necessary.
An ecosystem with multiple coins utilizing different security protocols and consensus mechanisms is "good for Bitcoin". In a theoretical world where power becomes abundant, what happens to PoW? We want the ability to migrate to a new protocol without upending the entire financial system. In a world where security is compromised, redundancy is critical.
Lee sees UI as the next significant hurdle. Not for speculators, but for mom-and-pop investors without much tech savvy.
TxTenna
-Hardware to expand and facilitate mesh networks.
-Even if you own Bitcoin, transfer can be censored/inhibited through the network communicating the transaction to the blockchain.
-Using mesh networks, we bypass many of these constraints dealing directly with sovereign ISP's.
-This is fantastic for Bitcoin users in 3rd world countries/those with oppressive regimes. I will leave this to your imagination.
RSK
-Smart contract platform on top of the Bitcoin protocol. -Ecosystem challenges (Tx costs, security, scalability) -Tx cost is $0.035 - +10% hashing power -Up to 100 tps. -Next -Payment channels (Lumino) -Predicability (Fiat-based fees) -Decentralization (BTC and RSK full-node rewards) -Interoperability (inter-blockchain integration) 
I'm sorry if you find this post lacking/off topic. Attempted to refine down to only what might be relevant to a Bitcoin trader. Even if Bitcoin isn't specifically mentioned, many of these innovations/philosophies will apply to the crypto space generally and, thus, to Bitcoin.
It's already the end of Day 2 and I'm finishing the write-up for D1. I'll compile D2 and D3 for brevity's sake. Most of this news is now relatively (a day) old.
Thanks for your attention and help supporting the crypto revolution.
P.S. "Where is my Consensus boost!? I thought BTC should be $10k by now!"
Historically, the Consensus Boost happens several weeks after the event, likely as news disseminates.
OH FUCK
I FORGOT
Joseph Lubin bets BlockChain Capital's Jimmy Song, "any amount of Bitcoin" that blockchain will have widespread enterprise adoption within 5 years
Day 2
Will try an update. Sitting through, eToro will be opening business in the United States, launching a wallet shortly after. Users can view successful traders' profiles and subscribe to their trades, copying them second-by-second.
Circle announces a USD stablecoin and crypto wallet.
HTC announces a crypto phone.
Deloitte releases preview of cryptocurrency report, shows majority of companies pursuing blockchain.
-"But this is just blockchain". Yes, and a rising tide lifts all ships.
The Magical Crypto Friends Live From Consensus. Warning, shitty audio.
-Founders of several currencies (Litecoin, Monero) discuss Buffett, Bitcoin, and other BS. 56 minute duration. For the hardcore.
Day 3
Alright!
Ledger
-Announcing a consortium for investors/institutions who manage multiple accounts. Today, Ledger Nano S is really only useful to the individual owner.
-Called, "Komino"? (Japanese Script).
-Isn't this compromising the dream of Satoshi? Speaker thinks no. The dream is that everyone can use Bitcoin as they see fit. Large companies can have positions in Bitcoin without changing the life of crypto maximalists who can still use cryptocurrencies.
-Bankers have the right to "Go full Moon and lambos".
Polymath
-The next big wave in crypto are Security Tokens.
-Real estate, equity in companies.
-Amongst crypto VC founders, Security Tokens will comprise 50-90% of the crypto market in the coming years. Currently, the share is approximately 1%.
-You can create a security token right now. Log on here and try the demo.
-First blockchain telegram to reach 50,000 users.
-Integrating with tZero. All new securities should have liquidity out of the box.
-ST-20. A security token standard designed to ameliorate many of the issues with fragmented ICO's.
-Launching a ST Venture Fund, "Polymath Capital".
-New CoinMarketCap competitor. "Tokens.com". Perhaps they'll finally force some innovation on the CMC side.
-Polymath 2.0 TestNet now live.
BlockStack
-Internet 3.0 is here. Mesh networks, decentralized data, crypto assets. We are not storing data with companies anymore, we are personally responsible. One day, we will have a universal ID that removes the need for a rolodex of passwords, usernames, and security questions.
-BlockStack members advise on Silicon Valley. Fun fact.
-Infrastructure and speculative investment grew from less than $100B in January, to $100B in May, and, finally, over $600B by November.
-Sounds like a dApp talk. They're making iTunes for dApps. I'll come back when he says, "Bitcoin".
Jack Dorsey and Elizabeth Stark
-Jack first heard of Bitcoin in St. Louis via a group of Cypherpunks.
-Appreciated the complexity of code, but didn't realize the potential just yet.
-Met some engineers who wanted to build a Bitcoin solution for Square. Buyers/sellers could accept Bitcoin without knowing they were using Bitcoin.
-Community "felt like Usenet" as it developed between 2014 and 2017. "Felt electric".
-Claimed Square's strengths are speed and simplicity. Credit cards are complex and often emotional. Talking about the Cash app, the goal is to revisit the coffee purchase of old and make it feasible using Bitcoin.
-"We have evidence to show people are using this as their primary spending account, their primary bank account, and, in some cases, their only bank account."
-"We have people that have been blocked from entering the financial industry." Even merchants had problems accepting payments. "Reaching the underserved, reaching the unbanked", he says, feels good.
-On Square adopting Bitcoin. "It was certainly contentious within our company." "I guess we always take the mindset that we can't wait for things to happen to us...If we want responsible uses...then we have to make that happen, we have to do the work to educate regulators, educate the SEC, show that we can provide more access to more people...give people a chance to participate in the economy...still a lot of disagreements and fights, but that's where the magic happens. We really push through, and this tested us. There was certainly a spotlight on us because of that fact, but there are a lot of unknowns. We ran towards them."
-On the future, the potential of Bitcoin. "The internet deserves a native currency. It will have a native currency. I don't know if it will be Bitcoin or not, but I hope it will be. I appreciate the technology so much; the principles behind it. Using the guide that the Internet will have a global currency...it's going to happen. As a company, as individuals, we need to learn how to make that happen. The biggest thing I worry about as a company is there is so much openness within the community, I hope nothing corporate will come in and threaten it." Protecting the open-source nature of the work. "This is a discussion I have a lot with Mike and the team. No one company or corporation should own this. This is the main question of everyone I meet in the community. We have a completely open mindset to ensure this remains a completely open platform. Let's not wait for it to happen. Let's do our part to encourage it to be used in healthy ways and ensure that everyone has access to it. If we ever go astray call us out. We can't do any of this without the technology being strong and available to everyone."
-"Obviously we are a centralized organization that benefits from decentralization. It's a theme of conversation within our organization and we're looking to decentralize our workforce. Cash is an interesting application in our company." Going to Australia next week to check in with the local team there. They are agnostic on what locale partners decide to nest in.
-Large corporate HQ's like Twitter and Square, "are a thing of the past". People will be able to work from wherever they please.
-"Nobody is going to a bank for a $6,000 loan. They're going to friends and family." They can all be served with this technology.
-Hesitates to make articulated 5-10 year predictions, prefers patience and iterating as each year develops. "We want to go back to the original idea of being able to purchase a coffee with it. That's why we're working with you. Whatever it takes to get there, we're going to try and make it happen." Encouraging more access to the financial space is the primary objective of the Square organization.
-"Over the past two years since we've really pushed our way into this, I've felt that electricity"
-Elizabeth Stark feels like she's living through the mid-90's again, "In a positive way".
-Stark is an optimist. "Really seeing the value behind the means of transacting without a middle party." It wasn't until Satoshi's whitepaper did we have the means to build a solution to this problem.
-"Our goal with Lightning is to enable an application layer like the Internet". -Stark
-On potential, compelling apps built on Bitcoin. "As I said, there's just so much to trust, to identity, to decentralizing almost everything we use today in a centralized way. We get the power of the crowd, the ability to see so many amazing perspectives and opinions to make our answers much better. I don't think about that as much as I think about what we need to focus on."
-On what they need to focus on. "There's a desire for more. There's definitely an incentive to hold the technology and encourage a mindset of saving rather than spending. But making it easier to spend, easier to transact, easier to do the everyday is what we need to focus on. We aren't necessarily going to be the company that comes up with the right frameworks or technologies, but I'm confident we'll be part of facilitating the process."
-The ultimate relationship with a regulator is that of education, Dorsey claims.
-On becomng a global company. "If we were ever able to use it as a payment mechanism today, we could release it all over the world opposed to the 5 markets we're in today. With each market, we have to find a banking partner, work through the regulatory." Only way to accept credit cards in Japan involved a 15-minute interview with an official. There is a large amount of legacy legislation that hampers adoption.
-On the next steps of democratizing finance. "Hardest part is continuing this conversation...certainly the regulatory bodies around the world, the banks..." Slowly but surely, Square is converting Goldman Sach's-types, showing them the reasons behind the movement. Having, "healthy discussions at the board level."
-On advice getting started in the industry. "Follow the conversation on Twitter, first and foremost. (laughter) And not just follow." When he first followed the industry, he felt like he had nothing to contribute. Join the conversation, express a point of view. "So many people fear expressing an opinion...instead of treating it like a conversation". "While you follow these conversations--jump in. People are going to think you're weird, they'll disagree with you, but you'll sharpen your opinions...find where they resonate." Pursue success from there.
BCash
I visited the BCash table and asked the representative to respond to claims that the company was causing label confusion amongst BTC and BCH. She locked up, asked if I was press, and, "was not at liberty to discuss the topic".
Scam. Scam. Scam. Did I say scam?
That's it for Bitcoin! Thanks for playing Consensus 2018!
I have tons of photos to upload, which I'll share in the Daily General Discussion as they come online.
submitted by MysteriousBarber to BitcoinMarkets [link] [comments]

New to seedboxes, need help


So i tried UBS and i really liked it. Its absolutely easy to setup and is more snappy than my homebrew setup. I have read tons about my options and reviews on the internet, but i am not sure if UBS is the right fit for me. Now that i tried out most of what i want to do with UBS i experienced my first problem with it: It does not seem to work nicely with torrents with public trackers. I can't get any reasonable download speed on my torrents. Thats something i would not have thought, but apparently, there is no way around ( i made another post about this 2 days ago).

Now additionally i found some other more things which i do have questions about and i cant really figure out on my own. Some seedbox suppliers are really restrictive with their infos on what they can provide. Its not that easy to compare, i think.
Things i am unsure about:

That said, i would like to try out cloudboxes.io I like that they have many apps but also root access and explicitly express mounting options. It seems to me, that they can cover it all. Only drawback is a smaller drive, which i can compensate using external mounting. What i also dislike is, that i cannot find anywhere where their business and their servers are located.
What is your experience with cloudboxes.io and what would you recommend me to go for?

Thanks
submitted by Stud-Ente to seedboxes [link] [comments]

Satoshi Nakamoto explains the P2P design of his Electronic Cash System known as Bitcoin, since 2017 reignited under the banner of Bitcoin Cash, in post-mortem

Satoshi:
Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own.1
A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The [nodes in the] network timestamp transactions by hashing them into an ongoing chain of hash-based proof-of-work [blocks], forming a record that cannot be changed without redoing the proof-of-work.2
At first, most users would run [such] network nodes, but as the network grows beyond a certain point, it would be left more and more to specialists with [mining] farms of specialized hardware. A [mining] farm would only need to have one node on the network and the rest of the LAN connects with that one node.3
The proof-of-work also solves the problem of determining representation in [network node] majority decision making. If the majority were based on one-IP-address-one-vote, it could be subverted by anyone able to allocate many IPs.4
The current system [in Bitcoin Legacy] where every user is a network node is not the intended configuration for large scale. That would be like every Usenet user runs their own NNTP server. The design supports letting users just be users. The more burden it is to run a node, the fewer nodes there will be. Those few nodes will [tend to be] big [mining] farms. The rest will be client nodes that only do transactions and don't generate [blocks].5
Even if [a miniority hash attacker creates an alternate chain faster than the honest network nodes], it does not throw the system open to arbitrary changes, such as creating [coins] out of thin air or taking money that never [before] belonged to the attacker. [The node standard does not allow such transactions] as [pending] payment, and [in the same way] nodes will never accept a block containing them. An attacker [could thus] only try to change one of his own [previous "valid"] transactions to take back money he recently spent.6 [Doing so] quickly becomes computationally impractical [as long as] honest nodes control a majority of CPU power.7
[Simple payee wallets are] reliable as long as honest nodes control the network, but [are] more vulnerable if the network is overpowered by an attacker. While network nodes can verify transactions for themselves, the simplified method can be fooled by an attacker's fabricated transactions for as long as the attacker can continue to overpower the network. 8
One strategy to protect against this [without running a a more advanced connection] would be to accept alerts from network nodes when they detect an invalid block, prompting the user's software to download the full block and alerted transactions to confirm the inconsistency.9 Businesses that receive frequent payments will probably still want to run their own nodes for more independent security and quicker verification10
The network itself requires minimal structure.11
Reditors note: Sources 2, 4 and 6- 11 links the Bitcoin White Paper, which you as a partaker in this great Bitcoin rescue operation should do yourself the favor of finally reading. Many times over. Absolutely. Really. 100% must read before the rest of us burn you with an overheated ASIC.
submitted by fruitsofknowledge to btc [link] [comments]

Merchant Monday. An insane amount of progress has been made in the past 6 months, but there is still a long way to go! (MM 6/16/2014)

I think its about time we discuss getting another payment processor on board, GoCoin, https://www.gocoin.com/, CoinKite, https://coinkite.com/.....Thoughts anyone?
*A copy of this post can be found in the sidebar under "Spend VTC" *
If I'm missing anything, or something needs to be changed PM me, or comment below.
Buy anything* online services:
Clothing and apparel:
Food stuffs:
Gift Cards:
Goods/Merchandise:
Reddit Gold:
Electronic Cigarette, and Tobacco Supply's:
Wallets/Cards:
Gold & Silver Bullion:
Web Hosting / IT Services:
Other services:
Games:
Marketplaces:
Merchant services/Tools
Charity's that accept Vertcoin:
Gambling: (you may loose all you coins gambling, a better use would be to just buy something or donate to a project to help Vertcoin)
LINKS
submitted by KLAM3R0N to vertcoin [link] [comments]

/u/nulc believes we need 100,000+ nodes to "be decentralized", that implies that he considers Bitcoin ($16B market cap) with the current ~6k nodes as too centralized and dangerous! Really?!

It is important to note that there was never any number, even approximate, presented from the Core camp which they'd consider as sufficient for decentralization.
Even more so, nullc explicitly refused to answer that question when asked, which appears to confirm suspicions that they do not have an answer.
Their current position seems to be that they vaguely claim that "we need as much decentralization as possible" without any quantifiers - which can not be considered a serious answer, there is always a trade-off so the question is what is the number of nodes that is sufficient for acceptable decentralization! This is significant in itself, but keep reading.
This is significant as such an analysis is crucial for scaling debate! NONE was provided.
That is why I was shocked to discover the closest nullc got to an actual number was in this comment suggesting 100,000 nodes (you read that right). It is lifted from a following quote by Satoshi:
Simplified Payment Verification is for lightweight client-only users who only do transactions and don't generate and don't participate in the node network. They wouldn't need to download blocks, just the hash chain, which is currently about 2MB and very quick to verify (less than a second to verify the whole chain). If the network becomes very large, like over 100,000 nodes, this is what we'll use to allow common users to do transactions without being full blown nodes. At that stage, most users should start running client-only software and only the specialist server farms keep running full network nodes, kind of like how the usenet network has consolidated.
Ignoring the fact that Satoshi uses it in different context, it is interesting to note that nullc doesn't have any problems to disregard what Satoshi said in other instances as he (rightly!) notes that it's not a gospel. Yet he doesn't apparently take any exception to this number. It is reasonable to assume he therefore doesn't have any reservations regarding this number, until he says otherwise.
If we take the above implied facts as what nullc actually believes, we can clearly deduce, that he therefore must believe that:
Current node count is dangerous for Bitcoin and it is effectively centralized!
That is quite a belief for network worth $16B market cap! This demonstrates that his opposition to raising the block size is based on hot air, not facts or reasonable analysis. There is nothing in the way of statements of Core that would suggest otherwise.
But of course this is "just" implied, if nullc (or Core as a whole) would like to set the record straight, he is most welcome to, in that case I'd welcome him to answer following relevant questions:
1) Is his position that we need maximum decentralization possible without an effort quantifying the actual condition when decentralization is achieved? (even approximately)
2) Is he able to define the goals of decentralization, as decentralization for the sake of decentralization is useless, what are these goals?
3) Does he reject the notion that there is a condition of "sufficient decentralization" beyond which adding more nodes does not benefit the goals of decentralization much?
4) Does he recognize that there are trade-offs to increasing decentralization and it makes sense to be seeking optimal balance to other parameters of the network?
5) Isn't it more reasonable to optimize the network for sufficient decentralization rather than undefined "maximum" decentralization given the above?
6) Does he recognize that increasing decentralization far beyond what is actually needed to achieve its goals results in unnecessary lowering of other useful parameters of the network? (like fees, user base etc.)
I'm looking forward for a response, thank you!
Edit: No response from nullc so far, I'll edit this and add a link wheneveif he responds, if he doesn't - well, it kind of proves my point.
submitted by mushner to btc [link] [comments]

Usenet provider that accepts Bitcoin?

Hi!
I'm looking for a Usenet provider that accepts Bitcoins. I've previously used Astraweb, Supernews and Newsdemon but that was many years ago and I see that things have changed.
I have looked through the provider deals section of the Wiki and tried to sign up for a year at Newsdemon, but the Bitcoin payment procedure is handled by BitPay and doesn't show the Bitcoin address I should transfer the funds to so I couldn't complete the sign up.
Does anyone have a solution to this particular problem or do you have any other provider that you'd recommend instead? Bitcoin payment as well as a no logs policy when it comes to what I'm downloading is a must for me.
submitted by lfaskhnj5 to usenet [link] [comments]

Seedbox that allows public trackers and doesn't do anything about copyright requests and allows Usenet

What is your budget per month? $10 per mouth
How much disk space do you need? 1tb
Are you looking for shared or dedicated seedbox? dont mind Particular uses, streaming? VPN? One-click ease? Racing? seeding fast downloading vpn would be nice too that's simple to use
What is the primary reason for getting a seedbox? DMCA? Ratio? Wife discovered Porn? Please expand. concerned about DMCA and want to build ratio and faster downloading and seeding
Location (yours and/or the vendors)? Most seedboxes are concentrated in Europe (France, Netherlands, Germany) ideally Iceland or Switzerland good if outside usa
Particular speed (100M, 1G, 10G, Ludicrous Speed, etc)? Slow, fast, fastest. fastest possible so 10gb or higher in a ideal world
Do you use public trackers extensively? yes need to be able to use public torrents
How much experience do you have with seedboxes, linux, and alike? Need a lot of handholding? used linux before but never a seedbox something quick and simple to setup
Is your location problematic? e.g. I'm at university. I'm one of three people on the island of Yap. in a bad area for internet and sftp is needed where i can upload and download from the seedbox
Particular payment methods the vendor needs to accept: bitcoin, paypal, paysafecard, Turkish Lire? nervous of my bank blocking my account because of me paying a seedbox so bitcoin only. i can use paypal providing it doesn't showup the name of the seedbox provider otherwise my bank or paypal could block my account
Particular content: Games, TV shows, Anime; Movies; Remuxes; the oeuvre of Fatty Arbuckle? few films and tv shows possible audio and ebooks along with hi res vinyl rips and mostly music. like to seed some vinyl rips i have done but safely onto a private tracker like what.cd
Using problemsome trackers like RED, CHD, or Publics? like to get onto private trackers like what.cd or anywhere else that has hi res audio but yes i use public trackers
Any idea on how much bandwidth you need a month? 1TB; 3TB; 30TB? ideally unlimited can compromise
Are you a paranoiac, need special safety assurances? yes because the seedbox would have info on me such as email, bank, as well as ip address. how do i know they aren't going to forward dmca notices to me if i use public or private trackers. they say dont download copyrighted content but they provide tools such as couch potato. most nervous of giving out my info in case i get dmca or some other rubbish how do i know they truly dont store logs ect that could forward a dmca notice to me? what if it doesn't work well and want refund and they have had bad reviews from others as some reviews may be fake?
Other more unique requirements? You want to run a website too; Azureus is your favorite client, can't live without it; Or god forbid you really, really need Windows. wondering about using cloud storage providers such as mega, onedrive ect onto the seedbox as well as other apps such as plex and other ways of automating downloading content. would also be good to remotely access from phone. would also be good to use with usenet. i can compromise on certain parts to get for under $10 per mouth.
submitted by drfusterenstein to seedboxes [link] [comments]

good seedbox for my need

so i have posted before however i dont know whats a good option for me as there is too much choice i am willing downgrade certain options if need to be. so i have followed the question page and just want a seedbox recommendation so here it goes.
What is your budget per month? $10 per mouth
How much disk space do you need? 1tb
Are you looking for shared or dedicated seedbox? dont mind
Particular uses, streaming? VPN? One-click ease? Racing? seeding fast downloading vpn would be nice too that's simple to use
What is the primary reason for getting a seedbox? DMCA? Ratio? Wife discovered Porn? Please expand. concerned about DMCA and want to build ratio and faster downloading and seeding
Location (yours and/or the vendors)? Most seedboxes are concentrated in Europe (France, Netherlands, Germany) ideally Iceland or Switzerland good if outside usa
Particular speed (100M, 1G, 10G, Ludicrous Speed, etc)? Slow, fast, fastest. fastest possible so 10gb or higher in a ideal world
Do you use public trackers extensively? yes need to be able to use public torrents
How much experience do you have with seedboxes, linux, and alike? Need a lot of handholding? used linux before but never a seedbox something quick and simple to setup
Is your location problematic? e.g. I'm at university. I'm one of three people on the island of Yap. in a bad area for internet and sftp is needed where i can upload and download from the seedbox
Particular payment methods the vendor needs to accept: bitcoin, paypal, paysafecard, Turkish Lire? nervous of my bank blocking my account because of me paying a seedbox so bitcoin only. i can use paypal providing it doesn't showup the name of the seedbox provider otherwise my bank or paypal could block my account
Particular content: Games, TV shows, Anime; Movies; Remuxes; the oeuvre of Fatty Arbuckle? few films and tv shows possible audio and ebooks along with hi res vinyl rips and mostly music. like to seed some vinyl rips i have done but safely onto a private tracker like what.cd
Using problemsome trackers like RED, CHD, or Publics? like to get onto private trackers like what.cd or anywhere else that has hi res audio but yes i use public trackers
Any idea on how much bandwidth you need a month? 1TB; 3TB; 30TB? ideally unlimited can compromise
Are you a paranoiac, need special safety assurances? yes because the seedbox would have info on me such as email, bank, as well as ip address. how do i know they aren't going to forward dmca notices to me if i use public or private trackers. they say dont download copyrighted content but they provide tools such as couch potato. most nervous of giving out my info in case i get dmca or some other rubbish how do i know they truly dont store logs ect that could forward a dmca notice to me? what if it doesn't work well and want refund and they have had bad reviews from others as some reviews may be fake?
Other more unique requirements? You want to run a website too; Azureus is your favorite client, can't live without it; Or god forbid you really, really need Windows. wondering about using cloud storage providers such as mega, onedrive ect onto the seedbox as well as other apps such as plex and other ways of automating downloading content. would also be good to remotely access from phone. would also be good to use with usenet. i can compromise on certain parts to get for under $10 per mouth.
submitted by drfusterenstein to seedboxes [link] [comments]

List of Bitcoin Providers

Every now and then there have been questions about which providers accept Bitcoin as payment and the only ones that came up in those discussions usually were bitusenet.com and chundle.com. I've decided to do some research via google and the provider list at /usenet/wiki/providers and actually came up with quite a few that now accept Bitcoin.
Here's what I've come up with so far. Any additions will be greatly appreaciated.
See here to check where the providers are located, you may also want to check the provider list to see about logs & Auto DMCA
EDIT: Added Newsoo
submitted by beerforbrains to usenet [link] [comments]

Usenet providers that accept Bitcoin - Where are you!?

I've searched through this sub but can't find very much info on any usenet providers that accept bitcoin apart from this 2 year old thread that looks to have been updated around a year ago.
The reason I would prefer to pay with Bitcoin is so I don't have to trust the provider to secure my payment information and also if RIAA/MPAA decide to kick any doors down and request information, my personal details are not on anyone's books. I use dognzb for my indexer and specifically chose them as they accept bitcoin, I would like to do the same with my usenet provider.
submitted by oi_Mista to usenet [link] [comments]

Plurasight Clone: Bitcoin Payment Gateway [ Asp.NET Core ] I Accept Bitcoin With BitPay GoCoin - YouTube How To Accept Bitcoin on Shopify Bitcoin OpenCart plugin (extension) to accept payments

Here’s a list my recommended Usenet providers that accept Bitcoin as payment: NewsDemon: Accepts Bitcoin, has servers in US and UK, $7.60 per month (full details); UsenetExpress: Accepts Bitcoin, hybrid backbone, US-based servers only, $7.50 per month (full details); Usenet.Farm: Offers anonymous accounts (only an email required), accepts Bitcoin and Paysafecard, European servers, good ... Usenet providers that accept bitcoins. Usenet is easily the best networks in the world (Usenet vs Torrents), one of the most reliable and one of the most secure networks.Usenet is not dependent on any centralised authority.Usenet is a wonderful service for finding and downloading files with maximum usage of bandwidth. Shift Card: Bitcoin debit card — partners with Coinbase (U.S.) Bitwala.io: Bitcoin debit card – based in Berlin; Cryptopay.me: Bitcoin debit card — based in England; Other Vendors That Accept Bitcoins. OverStock: reatiler of overstocked products, started accepting bitcoin in 2014; NewEgg: large online retailer, started accepting bitcoin ... Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all ... Definitely a good alternative to the more expensive and large providers. Payment options Users can subscribe to the plan with a major credit card ( Visa, MasterCard ), iDEAL, Bitcoin, and Paysafecard. PureUsenet Pure Usenet is a service provider for everybody living on a limited budget who still wants to enjoy quality Usenet service. Prices start from €1 .83 each month for 4 Mbps ( “Pure ...

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Plurasight Clone: Bitcoin Payment Gateway [ Asp.NET Core ]

Because chances are that you're a client of a big banking corporation that uses YOUR money to make profits like this.. while paying you pennies on the dollar... Bitcoin payments, deposited to your bank account. BitPay ensures compatibility with every bitcoin wallet and pays out in the currency of your choice. We focus on merchants, giving business owners ... B2Broker - Liquidity & Technology Provider 1,164 views 2:57 Starting the Rock Paper Scissors Boom Project in ASP.NET Core using C# - Episode 51 - Duration: 4:17:10. This video shows how GoCoin's Bitcoin Payment Processing works from the perspective of your customers. With our simple integration options accepting Bitcoin has never been so easy. Accept bitcoin payments anytime, anywhere. Bitcoin Checkout is a fast, simple interface for retail and mobile businesses to accept bitcoin payments.

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