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CryptoAustralia

WELCOME TO THE WORLD OF CRYPTOCURRENCY! Crypto Australia is a subreddit for Australians and New Zealanders to talk about anything related to crypto.
[link]

So I invested in bitcoin for the first time today...

Took advantage of the market dip today and decided to buy 500Aud worth of Bitcoin. Is there anything else any of the more experienced people on the sub might be able to tell me that could prove useful? I used CoinJar after almost using Coinbase, but decided against it after seeing a lot of bad experiences with that company posted on other subs, and also not being able to sell in Aud. Thanks!
submitted by Luke_burrell to BitcoinBeginners [link] [comments]

Weekly Update: 2gether has 40k users, $BOMB on Uniswap, Ghost data service, Constellation State of the Union…– 5 Jun - 11 Jun'20

Weekly Update: 2gether has 40k users, $BOMB on Uniswap, Ghost data service, Constellation State of the Union…– 5 Jun - 11 Jun'20
Hey everyone! This is Part IV of VI from our May-June update catchup series (5 Jun - 11 Jun'20):

Yosma's Cheerful Cassowary beat Eva's Bright Beetle in a quick finale to win this week's Parena which had a massive $PAR pot thanks to a generous donation from Tony. Gamer Boy’s “Random Gk” and “Renewal from January” quizzes in Tiproom were fun as always. Plus, there were 10k $PAR in prizes. Cool! Charlotte’s “Mega Trivia” got everyone scratching their heads. CoD Mobile gamers were in for an epic time this week with Tavo hosting a tournament with a 3k $PAR pot in the Parachute War Zone. Two-for-Tuesday slid into the "rap, reggae and reggaeton" mode this week. Click here to listen to the playlist. Thanks Sebastian for setting it up! If you have been around for a while, you’ll know that Clinton’s charity, For Living Independence, does some amazing work. So the next time you shop on Amazon, don’t forget to show some love though AmazonSmile.
Cap and crew made their voices heard in NYC this week in solidarity with George Floyd
Congratulations to 2gether for crossing the 40k user mark this week. A new way for account top ups was introduced as well. This week’s CEO email covers news on the latest UX and the 2GT token. Youtuber Funontheride featured the email in his video. Filippo Angeloni covered the latest updates in his newest video as well. Founder Savador Casquero wrote about crypto staking in an Investing.com article. MakerDAO covered the 2gether card in its blog post on crypto debit cards. Following the XIO dApp update from last week, Citizens brainstormed about the UI this week. Citizens also talked about some of their contrarian beliefs in crypto. Bomb community started a Uniswap rewards program. Voyager raised USD 2.1M through a private placement from investors such as Streamlined Ventures, Susquehanna, Market Rebellion etc. Their stock has seen some enormous growth this year too. CEO Stephen Ehrlich shared his thoughts on the crypto market in a recent Bloomberg article. The team also took inputs from the community on which crypto to list next. John McAfee announced a Ghost cell phone data service to be released in September. Check out how the eSIM will work from the sneak peek video. The list of supported phones is mentioned here. And hope you had good fun in ParJar Gaming while winning some cool $ESH. A new set of upgrades were pushed to the Fantom Wallet. For the latest technical update on the project, click here. This week, I also wrote a Hackernoon article (with my co-author Rohit) exploring projects which had unique variations to Proof-of-Stake for their chain consensus. Among the projects featured were Fantom, COTI and Harmony. Jeff from Uptrennd will be speaking at the LA Blockchain Summit in October this year. The winners of the Blockchain Awards were announced. The newest Opacity release allows expired accounts to be revived within 2 months of expiry.
Fantom, Harmony and COTI take up a tiny but growing slice in the global staking pie
Catch up on the latest District0x weekly update and dev update from here and here respectively. The Q1 2020 report was released as well. The project is still sitting on a healthy crypto asset base of USD 4M+. Hydro team shared a guide to choosing a prepaid debit card program manager. Their PaaS report was also covered by Finovate this week. A new research page for featuring all of Hydro’s fintech research material was released. The successful applicants of the Project Hydro Decentralization Ambassador Program (which started in May) were voted upon this week and 7 DAs were elected. Silent Notary, Ubikiri and IDL integrations were completed this week with Silent Notary now appearing in Applications section of Ubikiri. A roundup of the latest updates was published as well. Sentivate founder Thomas Marchi sat down for an interview with MineYourBiz Monday’s NrdGrl007. Mycro announced that Chaia.io will be hosting a campaign on the Mycro Hunter App soon. SelfKey’s Data Breach compendium was updated this week. And if you’re a Product Designer looking for remote work, don’t forget to check out this opening at SelfKey. What next for Constellation? Watch the Constellation Network State of The Union to find out. Their educational group Startdust Collective made a brand video and a high level explainer article on the HyperGraph Transport Protocol. Pynk is thinking about doing a global crowdfunding campaign as opposed to one that is restricted to certain countries only. In light of this, the Pynk Crowd Wisdom was put to work to find out the best way to go about this.
Results of the Project Hydro DA Elections
Wibson’s latest app update was covered by Cointelegraph and Europe World News. Click here to catch up on this week’s detailed work thread from the Harmony project. A recent Harmony ecosystem is the SmartStake dashboard to check staking stats. Sprout Wallet now supports core utilities of HRC20 tokens. The team sat down for an AMA with Binance India and KuCoin this week. Next week they will be doing another AMA with the larger Binance community. Some insights about the Harmony grants were shared in this week’s community call. Read up on Intellishare founder Raymond Xiong’s thoughts on DAOs which he shared as part of a speaker panel at the 2020 Digital Innovation Project Exchange Conference. The team also published a post on how they aim to solve the DeFi congestion. The TestNet is expected to arrive soon as well. After the latest livestream of DI-RECT’s concert which saw ~10k attendees, GET Protocol announced that they will be facilitating tickets to the follow-up show as well. A recap of the COTI journey was published to mark the one-year anniversary of the project and the occasion was celebrated with a fun trivia. DoYourTip community voted to have liquidity rewards for pooling $DYT on Uniswap.

And with that, it’s a wrap! See you again with another update. Ciao!
submitted by abhijoysarkar to ParachuteToken [link] [comments]

Free £10 of BTC with Mode (interest earning Crypto app)

Mode is an iOS app enabling you to earn interest on your Bitcoin (5% APY). They have a referral programme: you get £10 free in BTC if you either buy for £100 in Bitcoin through them or hold a minimum of 0.01 BTC in your Bitcoin Jar (their interest account) until the next interest payment date (every friday!)
Steps:
  1. Sign up through https://modebanking.com/referral/MAT853401 non-ref link w/o bonus: https://modebanking.com
  2. Verify your ID
  3. I recommend depositing 0.01 BTC and holding it until Friday (the interest payment day). Otherwise you can also buy for £100 in Bitcoin through Mode to trigger the bonus.
  4. You'll receive the £10 bonus on Friday (if you deposited into the Jar), or you will get the bonus 24 hours after you bought the £100 in Bitcoin.
Depositing Bitcoin is free and for withdrawing you only pay the normal Blockchain fee. All the fees: https://modebanking.freshdesk.com/support/solutions/articles/44001821361-what-fees-will-i-be-charged- Full terms: https://modebanking.com/referral-program-terms/
I’ve personally left my coin in for the 5% interest.
Let me know if you need any help.
submitted by merlinho to beermoneyuk [link] [comments]

[WP] You're the world's most wanted person. You have such a high bounty that every assassin, bounty hunter, and mercenary is trying to cash in. However, due to the number of people trying to get you, and since only one person can cash in the bounty, they have started fighting each other.

I wrote this up earlier today, only to find out that the WritingPrompts post had been deleted while I was writing. Posting it here instead; hope you all enjoy!
--
It might surprise you to hear that I was grateful for the bounties that they put on my head.
Sure, massive, record-breaking rewards for your death sound bad in theory. But the problem with the bounties was the same as the problem that caused there to be such a big reward for my death in the first place.
Bad incentives.
See, the entire government runs on bad incentives. There aren’t any politicians who support working-class people and so those people don’t feel like their vote makes a difference. So the greediest corporate lobbyists buy whichever corrupt politician can advocate for their own interests.
The politicians do as they’re told, the working-class people see yet another voting docket with nobody who appeals to them, and so they don’t bother to vote. And the cycle repeats itself.
So, where do I come into that picture?
I’m so glad you asked.
When a government has a massively inflated budget and is run by politicians with dangerous affection for whichever company pays them the most, there are...quite a few loopholes. You’d be surprised by how little it costs to buy some of them; just a fancy lunch or two is often enough to get them to put your language into a bill.
Tachyon Construction Enterprises, LLC did not exist before I moved to the capital. I’d saved up enough money to buy a couple of cheaper politicians, and convinced them to award some defense contracts to my firm.
Did they care that we had zero record of successfully completed projects? No. Did they care that the company only had three employees, two of which were pretty obviously my dogs since their names are “Fido Smith” and “Shiba Inu-Smith” on all company documentation? No.
Did they care that I bought them nice dinners at an excellent steakhouse the day before I asked them to slip some contracts into the latest bill? Of course they did!
A full 97% of the budget for TCE, LLC went to bribing lobbyists and politicians. Another 1% went to a few cheap stacks to function as servers for the bare-bones website and 1% went towards purchasing a small local construction firm that actually did solid work so that we could pretend to have actually done some construction projects.
The remainder went to the apocalypse bunker that I knew I would need once I got caught.
The game lasted for five years before they caught me, which was honestly disgusting given how little I did to hide my corruption. The bounty on my head would have been small if I’d just gotten caught stealing from the government cookie jar.
The real reason that so many people wanted me dead is because I described every detail of my business model, start to finish, in our public bankruptcy filing. I went on the right-wing news networks to disparage left-wingers, then went to a more leftist network to disparage the right-wingers. Then, I went on a business news network and disparaged everyone else.
The problem from the outside world’s perspective was that pretty much every local government in the country, not to mention the federal government, put out a public bounty on my head. Meanwhile, on the dark web, there were countless contracts paid out to kill me by various aggrieved business people.
Remember what I said earlier about bad incentives? It would have been easy enough for me to hide if only the government had a bounty out, but now pretty much every legal and extra-legal murderer in the world was out to get me.
But I’m only one person, safe well below ground in my bunker with enough supplies to survive a dozen apocalypses.
The killers, though? They could find each other on every street corner. All I had to do was a little bit more lobbying—a BitCoin payment or two and a few anonymous helpers later, the world would be convinced that I was holed up in some faraway land and the hunt would begin again.
Incentives aren’t too tricky to figure out, between good and bad. Once you’ve lost all faith in humanity, you can find a way out with a few lies and a few bribes to the right people.
Go too far, and you defeat the purpose. If I had ever been unsure about that before, the last six months I spent in my bunker while hearing the daily news about whichever bounty hunters had killed each other the night before certainly convinced me.
Sure, I was a monster. But at the end of the day, how many monsters have I already removed from the world? How many more would I take from the world by continuing to survive. When the revolution came, would they say that I inspired it?
Maybe, maybe not. But I knew that the world would be better off because I had lived, because I had exposed the rotten core of our system.
I was not the most wanted man alive because I exploited corruption. I was not the most wanted man alive because I had made a ton of money.
I was the most wanted man alive because I forced the world to see the rotten incentive system that the rich and powerful exploited to stay rich and powerful.
And for my final public act, I simply allowed that rotten system to go to work to keep my alive.
My parents wouldn’t be proud of me. But I certainly am.
submitted by NicodemusLux to NicodemusLux [link] [comments]

Weekly Update: 24 crypto assets live on ParJar fiat on/off ramp, FantomVision PWA, $LINK + Voyager, $GHOST for $ESH Hodlers... – 17 Apr - 23 Apr'20

Weekly Update: 24 crypto assets live on ParJar fiat on/off ramp, FantomVision PWA, $LINK + Voyager, $GHOST for $ESH Hodlers... – 17 Apr - 23 Apr'20
Hiya folks! Hope the shelter-at-home is treating you well. As you might know that the super cyclone Amphan struck Eastern India and Bangladesh day before yesterday. As a result, I went into radio silence for two days. Now that I am back in the grid (albeit with ultra-super slow internet; this post took 4+ hours of retries just to upload pictures), let’s get rolling with the weekly update catch-up series again. Here’s your week at Parachute + partners (17 Apr - 23 Apr'20):

24 cryptocurrencies are now live on ParJar for trading with fiat in Europe, India and UK. This is massive! The new ParJar and #cryptoforeveryone masks look great Clinton! Designers in Parachute, Clinton is looking for fresh original designs for merchandise in the Parachute Shop. You can bag some cool $PAR and discount codes if your art makes it to the store. The #par4par raffle currently has a 500k $PAR prize pool. If you have 10k $PAR in your ParJar, you can claim a ticket. Get in on it! Foo hosted a Parena so that winners can get a taste of the raffle with their prize $PAR. Bose hosted a random TTR trivia this week for a 10k $PAR prize pot. Don't forget her rules: "you argue and you're wrong, you skip next question". Gamerboy's Tiproom quiz theme was a secret. Did you find out what it was? Charlotte’s Tuesday TTR trivia was fun as always. Victor hosted an animal-themed trivia for 1k $PAR in prize per question. Two-for-Tuesday continued with the ongoing series of letters. This week Gian got Parachuters to post music "featuring bands or artists whose name starts with the letters M, N, O or P". As always, super thankful for the playlist Sebastian! 136 music videos in total. Dang! Jason’s #wholesomewed prompt involved Parachuters sharing unconventional art pieces. "They can be made by you or someone else".
Visit the Parachute Shop for more epic merch like these
Uber cool #wholesomewed entries by (clockwise from top left) Fakhir, Erol, Pars, Georg, Eric, OilJam, Peace Love
Click here to track this week’s aXpire burn transaction. CEO Gary Markham wrote about Time Recording in his latest blog post. More insights into 2gether’s study about women in crypto were released. This is part of their original study report on female crypto consumers which was first published in March. $BOMB founder Zachary Dash set the ball rolling on a proposal system for brainstorming on ideas for the project. Click here for a sample proposal. For #XIOSocial discussions, Citizens talked about what interest rate would be ideal for $XIO when the dApp launches. $LINK was added to Voyager’s platform this week. Click here for the full range of available assets. Voyager also featured in MyFirstBitcoin.info's list of "Where To Buy Bitcoin". They also launched an integration with crypto trading education platform Market Rebellion this week. Switch announced that $ESH token holders will be eligible to claim John McAfee-backed $GHOST coins on 25th May. News of Ghost’s launch was shared in bitcoin.com, Cointelegraph, CoinPedia, Crypto News Flash and CryptoNewsZ. Neva Fomo’s review of SwitchDex was released this week. The winners of the #BUIDLonFantom Developer contest were announced this week. The FantomVision block explorer was upgraded to a Progressive Web App (PWA) which can be installed on your device as an application. The team hosted a monthly AMA in their Discord. This will be happening every month from now. A new technical paper on smart was contracts was published as well.
Bitcoin is a clear favourite for trading among female users
Bounty0x’s fundraiser on Republic came to a close this week with funding crossing over targeted amount by nearly three times. Founder Angelo Adam also shared a sneak peek into how the Hypedia platform could look like. Uptrennd Head of Community, Luke, started an #InfectedWithGratitude giveaway that brought 2 days of wholesome joy to the community. Founder Jeff Kirdeikis sat down for an Altcoin Buzz interview to talk all things crypto. IOST joined Uptrennd this week. Coingecko joined in the fun too. Awesome! Congratulations on onboarding 30k+ new users in 2020 alone. The team also set the ball rolling for a community-powered blockchain awards. The District0x District Weekly can be read here. Meme Factory now has a fixture inside the virtual world of Cryptovoxels. Hydro made it to the semifinal round of Ground Up Ventures’ March Madness Startup Competition. Congrats! With news of Google’s smart debit card leaking out recently, the team at Hydro discussed the implications of the tech giant entering digital banking. They also wrote at length about FinTech in Brazil and strategies to bank the unbanked. The team also made a presentation at the Canada FinTech Summit this week. For the latest Sentivate development updates click here, here, here and here. SelfKey’s $KEY token was listed on Kyber Network this week. Read more details here. The team opened up an AMA questionnaire form for the community. AMA date not decided yet. They are also hiring currently. Apply if you’re up for it. SimpleSwap listed $KEY and joined SelfKey’s Crypto Exchange Marketplace. To learn more about Constellation’s ERC20 to mainnet $DAG swap, click here. COTI crew sat down for an AMA with KuCoin this week. The KuCoin staking campaign (announced last week) reached its cap within 5 minutes of opening up. If you were hoping to be a mode operator, hope you reached out to the team on time. To read the fee policy, click here. $COTI will be listed on Coinbit next week. Main registration for Staking 2.0 was started.
The Hypedia mockups look great!
Pynk is now SEIS/EIS approved which entitles investors in its fundraise round to tax benefits. Wibson hosted an online meetup with Crypto Resources Academy for their Spanish community. This was followed by an ETHSantiago meetup to discuss data privacy. Harmony founder Stephen Tse was part of a Miami DevCon Fintech panel to talk about DeFi and blockchain in finance. Also, congratulations on becoming the top blockchain project by GitHub activity. Stake Heist was formally opened with bounties to find bugs in the Open Staking Testnet Network and build stuff on it for some sweet $ONE. Delegators were also invited to test the staking dashboard in return for $ONE prizes. Watch more about it here. $ONE got listed on WazirX. Ankr published a comprehensive Open Staking node setup guide. Another major announcement this week was that a chunk of block rewards from staking in the phase 2 testnet will be converted to mainnet $ONE. Woohoo! Click here for an early sneak peek into the new IntelliShare website. A quick introduction of the testnet Pacific Program was also released. In his latest article, GET Protocol CEO Maarten Bloemers expanded on the significance of contactless ticketing in the post-coronavirus world. The article was an excerpt from the team’s submission to the Dutch Ministry of Public Health, Welfare and Sport to explore possible opportunities. Maarten was interviewed by HKB News of Korea where talked about all things GET. Their crowd management solution was featured on Cointelegraph as well.

And with that, we have to say Bye for now. See you again with another update. Cheerio!
submitted by abhijoysarkar to ParachuteToken [link] [comments]

Weekly Update: ParJar push notification, $BIRD on BitZ exchange, Switch acquires VeriSafe, GET Protocol ticketing for DI-RECT livestream... – 8 May - 14 May'20

Weekly Update: ParJar push notification, $BIRD on BitZ exchange, Switch acquires VeriSafe, GET Protocol ticketing for DI-RECT livestream... – 8 May - 14 May'20
Hi Parachuters. Here’s your week at Parachute + partners (8 May - 14 May'20):

As mentioned last week, #financialfridays are back with a vengeance. Jason announced the start of the first one in Parachute this week. Create a play crypto portfolio and win some real crypto. Also, Parachute is one of the nominees in Uptrennd’s ongoing Blockchain Awards voting for Best Community. Make your vote count. Gamerboy hosted a Random Trivia in TTR for 10k $PAR in prizes. Congratulations to Peace Love for winning this week’s Parena. more epic new rules for prizes by Foo. Haha. ParJar sent out its first ever push message to users, new and old, informing them of the new fiat on-ramp bringing along lots of new folks to the ParJar channel who got their first taste of Parena this week. Seeing the excitement from new peeps, Foo followed it up with a blink-and-you-miss-Parena. Good fun. Seen the entries of the Tiproom Pushups contest yet? Don’t forget to catch them here. Absolutely wicked! We came to the end of the alphabet train with this week’s Two-For-Tuesday seeing Parachuters post "videos featuring bands or artists whose name starts with the letters Z, A or E". Thank you for getting the playlist into shape as always Sebastian. Charlotte hosted a 100 question massive quiz in TTR this week – 10 sets of 10 questions each. If you’re participating in the Parachute Crypto League, don’t forget to check the latest service announcement from Mark.
The first ever ParJar push notification
These look great, Eric
OST Chief Engagement Officer Simon Pop will be speaking at the Diffusion Digital web conference two weeks from now. Don’t miss it. SelfKey opened up a poll to take inputs from the community on which marketplaces appeal to them the most. If you haven’t yet checked out the project, you can watch its intro video on TokenTuber. To learn more about the SelfKey Exchanges Marketplace, click here. Harmony’s native wallet is now supported on the Chrome Store. The rewards campaign for delegators and validators for Pangaea Phase 3 testnet staking closed this week. Learn all about Harmony’s Effective Proof-of-Stake mechanism from this quick intro video. Co-founder Sahil Dewan sat down for an interview with Coin Crunch India to talk all things Harmony. The team will appear for an AMA with Guarda Wallet next week. Mainnet underwent a scheduled update. With a major code release to close the week, Harmony is now super close to Open Staking on mainnet. The final members of the 6th Autonomous Committee were selected and the Committee established through a voting processes that started last week. For the transcript of founder Raymond Xiong’s AMA with CoinKeeper, click here. Few weeks back, we saw the first glimpse of the testnet Pacific Program. More details were released this week. GET Protocol’s GUTS Tokens announced that they will be ticketing a special live-streamed show for DI-RECT starting next week. It will be a pay-as-you-like liveshow. How does that work? Click here to read about it. A clusterstamp which makes data storage manageable in COTI’s DAG-based data architecture was deployed this week. $COTI was listed on Atomic Wallet.
Harmony has entered the final phase towards Open Staking launch on mainnet
In this week’s aXpire’s literature, Matthew wrote about enterprise expense management software while Joakim shared a 101 on legal billing software. Track this week’s 20k $AXPR burn here. After a disruption due to the COVID-19 crisis, shipment of the first batch of 2gether cards were resumed for dispatch this week. On this occasion the team published articles on the reasons to join 2gether, getting started with the app and importance of KYC. In this week’s #XIOSocial discussion, Citizens talked about the economic viability of XIO. Birdchain’s $BIRD token was listed on BitZ exchange this week. Voyager CEO Stephen Ehrlich will be hosting a crypto investment webinar on May 27th. He also appeared for a Cheddar interview to talk about bitcoin halving. The platform announced a partnership with Silver Cost Basis to enable accurate profit and loss statements for preparing tax returns. Recurring Buys feature was added to the platform as well. Read more about it here. Continuing with the ongoing 10 part blog series, Switch published the remaining parts this week – new features, DAO/governance, GHOST, DESH + SDEX and closed it off with a biggie i.e. acquisition of VeriSafe. $ESH was listed on FatBTC. Hope you didn’t miss out on the giveaway event. The crew will sit down for an AMA with Satoshi Club next week. The latest Fantom website was launched. Uptrennd which is now 500+ days old now has been stacking 60% user growth month-on-month. Pretty neat. District0x’s latest weekly update covers news such as Meme Factory bugfixes, upcoming QA etc. The biweekly dev update was published as well. Hydro made its case for using the integration platform in a blogpost. Plus, an article explaining the quick onboard-ability of virtual cards.

And with that, it’s a wrap. See you again with another update.
submitted by abhijoysarkar to ParachuteToken [link] [comments]

Trusting Platforms in Australia

Starting to use bitcoin and wondering which platforms to trust?
Have an account with a few of them but not sure which is best and which is most trustable.
Do you trust CoinJar for buying trading and selling bitcoin in Australia?
submitted by YogeshOsher to Bitcoin [link] [comments]

Weekly Update: Buy/Sell and Swap crypto from ParJar, Tezos on 2gether, Uptrennd + Mousebelt, GET Protocol burn report... – 3 Apr - 9 Apr'20

Weekly Update: Buy/Sell and Swap crypto from ParJar, Tezos on 2gether, Uptrennd + Mousebelt, GET Protocol burn report... – 3 Apr - 9 Apr'20
Sup folks! Here’s your week at Parachute + partners (3 Apr - 9 Apr'20):

Cap shared a sneak peek into what the next 2 weeks will look like for Parachute and ParJar in terms of product updates. TLDR: it "means people in 40+ countires can buy eth with a debit card and then get any coin they want - can also convert any coin they want to Eth" all from the convenience of their ParJar. He followed that up with a much awaited Parachute Digest. The beta has already gotten off to a great start with the first cash to crypto transactions in UK, India and Europe! Cap also announced a new Parachute crypto league to start next week on the new Crypto Leagues platform (news of which we had shared last week). The Parachute Running Club is now a full blown athletics club - "Now, any Activity from Running to Cycling, Swimming to Weight Lifting, Yoga to a Gym Session will be paid for in PAR!". Great going! Gian began this week’s Two-for-Tuesday with a tribute to legendary jazz pianist Ellis Marsalis Jr. on his recent passing. In continuation with last week’s theme, Parachuters posted music videos “featuring bands or artists whose name starts with the letters E, F, G or H” for 2FT this week. Click here for the playlist. Thanks again Sebastian! Gamerboy’s TTR trivia this week was based on “Kindergarten Science”. Haha! Afful hosted another quiz in tiproom for 10k $PAR in prizes. Victor’s TTR trivia was uber fun. Yoleidis won this week’s Parena to take home a cool 10k+ $PAR.
Can you see the new buttons? Exciting!
Thank you for your service Doc Vic (@Vitico96). Mad respect!
20k $AXPR were burned as part of the weekly aXpire burn event followed by the 200k $AXPR monthly burn for April. Tezos was added to the list of supported cryptocurrencies on 2gether app this week. For #XIOSocial discussion this week, Citizens discussed about $XIO’s value. Also, for the artists (and non-artists) out there, put a mask on Bombino to stand a chance at winning 100 $BOMB tokens. Wondering where to store $BIRD tokens and how to withdraw them from the app? Click here and here respectively for the guides. Fantom’s Q1 2020 summary report came out. The latest technical update was published as well. To read District0x’s latest District Weekly, click here. A set of new community incentive programs were announced with $DNT rewards. These will focus on improving the District0x network through community-sourced proposals, artwork etc. Financial data providers Salt Edge and Tink were integrated to the Hydrogen platform this week. The Hydro crew was also interviewed by OmiseGo about Hydro Pay using OmiseGo’s tech to power transactions. In their latest article, they also discussed how fintechs are helping small businesses cope during the COVID-19 crisis. As mentioned in the last update, the new Sentivate browser update will have support for torrents. Founder Thomas Marchi mentioned the support will also include torrent integration. Having submitted ideas for SelfKey’s Mobile App adoption, the community voted for the best ones this week. Europe-based Tokens.net joined the platform’s crypto exchange marketplace. The data breach timeline compilation article was updated with latest information.
$BOMB fans are a super creative community. Here’s a small sample
Uptrennd founder Jeff shared a post listing the entire team that runs the platform from behind the scenes. Never knew that they had a such a big crew. Amazing! The platform now has 12M+ points (and consequently, $1UP) locked for level ups by users. And 500k+ comments in March alone. And big up on crossing 80k members on the platform! The crew kicked off am #EggHunt2020 contest this week. 21 eggs to be found in 5 days. 11k+ $1UP to be won! And saving the best for the last, Uptrennd was accepted into Mousebelt’s accelerator program. Woohoo! You might recognise Mousebelt from Harmony and Constellation who were part of their earlier cohorts. In addition to network effects, this will also contribute to product improvements. How does Pynk make money with its 0% fee model? Click here to find out. Harmony founder Stephen Tse sat down for a live AMA with the Gitcoin community this week. If you missed it, you can watch it here. Plus, he did a live stream on the current challenges and opportunities. The new tokenomics model was released last week. Anyone wishing to watch an explainer video on it can click here. The weekly #pow thread was detailed as always. Ankr offered 2 months of free hosting for anyone wishing to participate in testnet staking through their one-click deployment solution. Check out the node setup demo here to find out how quickly it can be done. Co-founder Sahil Dewan’s thoughts the Indian fintech scene vis-à-vis blockchains were published in a featured article on Moneycontrol this week. Chainode Tech’s review report on the project came out as well. CTO Rongjian Lan wrote a detailed guide on Open Staking.
Google searches for Uptrennd are showing an uptrend. Noice!
Intellishare crew observed Tomb-Sweeping Day holidays this week which meant a temporary pause to some activities. GET Protocol’s Q1 2020 burn report is here. Looks like 107k+ $GET tokens have been burned last quarter. Not bad! Plus, the community also chipped in to translate the fansite into Korean, Italian, Spanish and Dutch. That is amazing! To check out COTI’s tech roadmap for 2020, click here. The team will sit down for an AMA with Crypto Shelby next week. A big picture explanation of the MultiDAG consensus and token generation process was also released. The first snapshot for DoYouTip’s $DYT bonus was conducted. Following a minor access point issue, CyberFM made it up to listeners by 10X’ing all CYFM earnings for 24 hours from 4th April to 5th April. Wibson hosted an online session on an introduction to bitcoin and blockchains in partnership with MoneyOnChain and cryptoresources.
Lovely scenes from Tony’s and Chris’ backyards
And with that, we close for this week at Parachute. See you again with another update. Cheerio!
submitted by abhijoysarkar to ParachuteToken [link] [comments]

Fatum, vol. 1 [Chapters 6 - 8]

Chapter 0, Chapter 1, Chapters 2,3, Chapter 4 - 5.4
Chapter 6
One of the main reasons suicide is so upsetting for people is because of finances. Dying is really quite expensive from burials to funerals, to receptions; then there are the accessories that come with death: having your corpse beautified, the nice wooden bed they make to lower your body into the ground, and the cute stone head that has your date of birth, date of death, and name on it. And someone has to get paid decently for these things, as dealing with dead bodies can be troublesome for a lot of people. So these expenses add up, and when you kill yourself you tack on a slew of unexpected debts that someone will have to pay for, it just won’t be you. He chose to treat his death a little differently.
At her workstation, Bell has a distinct coldness in her voice. She swivels around in her chair absent-mindedly, half- heartedly hoping that somehow an Earthly force would relieve her of these arbitrary responsibilities. She begins to space out, as So Many Details by Toro Y Moi blasts off of her Alexa. Revisiting her past life before meeting Him, she remembers always being curious about exploring the world and getting to learn more about how the human mind worked in a collective form. Their first meeting was one where she found herself unable to reign in her curiosity. Even during His prepubescent years, He was clearly the master of His own universe, figuratively, and she picked up on this immediately. They spent the entire night, until their bedtimes at least, getting to know one another. Finding and appreciating both similarities and differences right off the bat probably had a lot to do with the relationship they shared.
But Bell’s existence was also necessary. Although she is blissfully unaware, her companionship with Him is what sparked His deep dive into answers for reasons of existence. She holds herself morally and emotionally liable for His suicide, consistently flashing back to the last words she said to him while he was alive:
““You never loved me, if you do this, you could have never loved me.””
Thinking aloud, startled by the sound of emotion in her own voice,
“So stupid. I’m so stupid. He tells me this is His last day on Earth and I immediately tried to emotionally blackmail him. He really prepared all of us for His departure, but I was never ready to let Him go. I still am not ready, but I know He loved me and I loved Him so I will follow His final instructions. Alexa, activate Protocol Stardust.”
“Searching... Protocol Stardust located. My condolences, Bell.”
“Thanks Alexa but He recommended I turn down condolences. He never wanted people to be sad over His death...”
“Protocol Stardust... 10% Loaded.”
“I just really can’t believe it’s actually happening. I would make a bad habit of indulging with Him in His laughter when we talked about it.”
“Protocol Stardust... 30% Loaded.”
“I mean, who thinks like that? Who even jokes like that? To have your body cremated is one thing, but then to have your ashes spread out into space?”
“Protocol Stardust... 50% Loaded.”
“And then the Bastard went and accommodated Himself. Every time someone would mention the implausibility of His plan He was so calmly confident He would be able to achieve it before His last day.”
“Protocol Stardust... 70% Loaded.”
“Of course He succeeded. All of our fates were sealed when He talked his mom into getting him his first Raspberry Pi. He cashed out in cryptocurrency and had been living on His own time ever since, like some character out of a movie.”
“Protocol Stardust... 99% Loaded.”
“I miss you so much.”
“Protocol Stardust Ready to Execute. Please Provide Final Voice Confirmation.”
The glass finish on her iPhone X felt impossibly smooth in her palm. She chuckled to herself slightly, thinking back to when the iPhone X was first announced and how He had lost His cool that Apple stole the aesthetic from his niche YouTube channel to market the new phone. She knew no one would believe Him, but she genuinely did. She was right to, because maybe they did, but now it seemed like an even greater injustice against His reality that she didn’t fight harder. It wouldn’t have been what He wanted anyway. She positions her phone's camera to catch enough of her facial profile to utilize Face ID. Gently tapping the screen with her thumb, as if to nudge the device awake, the screen glows bright yellow with the custom parallax wallpaper He had designed for her. The text was placed perfect center, reading out ‘“DEATH IS ARTIFICIAL”, with a 1 px fill line striking through the circle of letters, highlighting a hidden message: ‘”DEATH IS ART’”.
Chapter 7
“I can’t believe this shit.”
“Honey, relax. You know He’ll make you whole.”
“Please don’t refer to Him and holes in the same sentence.”
“You're being immature. I know it’s still touchy.”
“I really didn’t think it would bother me as much as it does. I love Him but He takes it too far.”
Blood recirculating into his wrists, Ohsa rubs them gently with his index and middle fingers to soothe himself, because of both the grueling discomfort he had just endured and because of his own doubts if his Friend would be okay.
“Thank goodness you reminded me we were out of pesto sauce. Who knows what would’ve happened if He saw me.”
“What’s that supposed to mean?”
“It means he could’ve tied both of us up and left us here.”
“Oh.”
“This is the last time I go through this: I was down with the orgy but as soon as He got close to me my senses were completely overwhelmed. His words felt like silk flowing into my ears, and the way He smelled – my God His smell,”
“...You said you had felt like you had become a different person.”
Catching herself she resumes, “Yes but no. Now that I think about it, it wasn’t that I was a different person. I was still me, completely me, rolling me, but He was just purely irresistible in that moment. Whoever slept with Him, though, was not the woman that loves you.”
“How do I know you’re not lying?”
“Because I’m trying to communicate with you about it, as opposed to shifting blame. Listen honey, He fucked the shit out of me in the middle of an orgy of people. I can’t stand here and pretend like it didn’t happen or I didn’t enjoy it or I had been so drugged up I didn’t know what I was doing. But when it happened it did, and I was there.”
“What the fuck. I can’t think about this right now. What the hell happened out there? I felt two separate explosions while I was tied up.”
“He destroyed the elevator shaft and the entire left side of the hallway, including part of the door to the stairway. My Twitter Moments feed is saying at least 4 SWAT officers are reported to be in critical condition.”
“What is He thinking?! How is killing cops supposed to help His cool down??”
“Don’t you think He’s been acting a little too wild lately?”
“I’ve seen Him comeback from worse, honestly.”
“Worse than a killing spree?”
“No, I meant drug-wise.”
“Was He high when you saw him?”
“He was definitely on the comedown. I don’t think He was actively stoned but he wasn’t entirely sober, either.”
“Well, regardless he was clear-headed enough to stay ahead of the cops.”
“Cops are fucking idiots.”
Chapter 8
We never know what the future is until we get there. We like to imagine it as augmented reality everywhere, digital on top of reality, seamlessly intertwined together, persisting without being invasive. The truth is, the future is now. All time, past, present, and future, all exist tangentially and concurrently to each other. The 2008 American Recession hit Bell’s parents where it mattered the most: Their bank accounts. It hit at the least opportune time, right as they were preparing to make a class transition from poverty-level to lower middle class. Not only was their savings obliterated, but their morale too. Maybe this spiritual blow was exactly what she needed, maybe it was another unnecessary inconvenience that came with simply trying to exist as a human, but earlier that year she had her first meeting with Him.
Even as children, Him and Bell always had a special connection. Everyone around them could see as clear as day, that these two were in love, even before they knew it for themselves. Almost a year ago to the day, He had made a discovery. Bitcoin was going to crash, and it was going to crash hard. It was clearly being inflated by whales who were egging on spectators but He correctly assumed that the dramatic rise had gotten way too out of hand for anyone to control. Come end of November under the guise of Christmas spirit he traded all of his leftover Team Fortress 2 hats, convincing other players to complete trades in crypto, tricking those who were ignorant to the true value of BTC. He had already amassed a sizeable enough wallet during His early mining days but that extra week of trading is what took him from safety to comfort.
In literally the exact moment the BTC exchange rate was estimated at $20,500 for one coin, he cashed in his entire wallet of 14,634.14163414 Bitcoin, becoming a multi-millionaire overnight, having earned a net worth just shy of $300 Million USD. He excitedly made his first phone call of the night reaching out to Bell.
“Hey Siri, call Bell.”
“Calling Bell – Mobile”
“Hey, what’s up?”
“Not too much. What’s up with you?”
“Oh nothing, just getting ready for bed. I have work early in the afternoon tomorrow but I want to try to get to the gym in the morning. The only way I won’t be exhausted is if I go to sleep now.”
“Yeah, that's cool. Hypothetically, yeah, if your time wasn’t filled up with working a menial job, what would you do?”
“Honestly I’d love to finish getting my Graduate’s degree, maybe go back to China. I loved my time in Undergrad but it was so tough that I really needed a break. It’s just been so jarring to me how difficult it’s been to get back into academia now that I’m in the real world, you know?”
“OK.”
“What’s up with you? Got some exciting plans for the night? You always have crazy shenanigans under your belt.”
“I swear it just happens to me by accident, but yeah. I’m planning on blowing someone’s mind tonight.”
“Ooh lucky them! What’re you gonna do? A surprise visit? Or buy them a gift? Or is it a secret?”
“It won’t be a secret much longer, I just wanted you to know first.”
“Know what first?”
“I’m filthy rich Bell.”
“What?”
“I’m sitting on a few hundred million dollars.”
“WHAT?”
“What country are you from?”
“What?”
Getting comfortable with his Samuel L. Jackson impersonation, he raises his tone: “’What’ ain’t no country I ever heard of! They speak English in ‘What’?!”
Familiar with the reference but still reeling from the news, Bell plays right into his prank.
“...What?”
“English motherfucker! Do you speak it?!”
“Yes!”
“Then you know what I’m saying?”
“Yes!”
Getting as far as he needed to with the joke, he lets out a boisterous hearty laugh and continues the conversation, back to his usual austere speaking voice.
“Relax, love. Quit your job. Enroll in any school you want. Find a new apartment. Order a mani-pedi to a five star hotel, and then stand up your appointment to go to the casino. Your old life is over.”
Thumb to screen, end call. Before the Phone app can finish spelling out “call ended”, he quickly double taps the home button, finding his Messages app open right behind Notes and Voice Memos. A single text to Bell goes out; to let her know that this is the difference, this is what separates the wheat from the chaff, to let her know that she is now wheat and no longer chaff:
“Painted ultrapure white walls triple coated, a high ceiling, in-wall light fixtures, foliage incorporated into the architecture, soft-close furnishings, and lastly location, location, location.”
Bell takes a moment to read the text. Her mind still, but her heart beating faster, the news truly settling in for the first time. She begins to sob uncontrollably.
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Weekly Update: Launch of McAfeeDex, Hydro partners with OmiseGo, Jarau’s Uptrennd success story, OST’s Pepo @DevCon5... – 4 Oct - 10 Oct'19

Weekly Update: Launch of McAfeeDex, Hydro partners with OmiseGo, Jarau’s Uptrennd success story, OST’s Pepo @DevCon5... – 4 Oct - 10 Oct'19
Sup folks! Here’s your week at Parachute + partners (4 Oct - 10 Oct'19):

First off, super congratulations to Alexis for becoming a Parachute admin. Woot woot! In the words of Cap: "Long overdue and much appreciated!". Doc Victor hosted a games trivia in Tiproom with 2500 $PAquestion prize. 10 questions. Charlotte’s Math and Voice Clip trivia in Tiproom were another 10 Qs each at 2500 $PAR per Q. Sweet. Ian got $PAR listed in the newly launched McAfeeDex (more on that later). Thank ya Ian! Cryptopreneurs looking for some guidance? Check out Cap’s recommended reading for the week – Haseeb Qureshi of Dragonfly Capital talks about how "pretty much everyone is winging it", how that's part of the journey and how to move from a maybe to a sure thing. Cap says the article “has a hundred powerful little points for building a company (in any space really) that resonate through what we do here at Parachute”. Great stuff! Parachute announced a partnership with Pynk this week. Pynk is an investment platform that uses crowd wisdom to make investment decisions. They will be using ParJar to share USDC and PAR with their community. Welcome on board Pynksters!
Cap, Ice and Shawn in NYC checking out the new WeWork office

View from the office
Victor’s 10 question Friday trivia at aXpire had a 100 $AXPR prize for each question. Neat! Click here to watch the latest weekly recap from aXpire. The new Resolvr promo video was launched. The Resolvr and Bilr twitter handles were started as well. This week’s $AXPR burn saw 200k tokens removed from total supply permanently. CEO Gary Markham was interviewed by PetaCrunch. 2gether’s Crypto Talent contest got coverage from Being Crypto. Founder Salvador recorded training videos for participants of the contest. The platform was featured in an article on Merca2. Spanish speakers, have a look! Emprende TVE did a quick mention, as the team bid farewell to South Summit and travelled to Freshworks Inc's Experience Roadshow. Read up on CEO Ramon’s thoughts on Facebook’s Libra in this Forbes article published this week. The XIO community voted to keep the twitter public in order to keep content available to non-citizens as well. As part of the Binance Dex listing proposal*, the team continued to answer queries raised by the BNB community. Great bit of chatter on the thread on how the XIO ecosystem will work. Andrew (cryptocoindude) wrote a review of the BOMB project which came out this week.
\[As already shared, the switch to Binance Chain has been shelved. $XIO will continue stay on Ethereum chain. But there will still be a token swap. Details will be shared in a future update]*
Bilr UX: simple and intuitive
The $ETHOS to $VGX rebrand requires collaboration from a large set of partners. In line with this, Shingo announced the Rebrand Partner Program. Plus, a shoutout to Voyager from Scott Melker in his CoinTelegraph article was the perfect way to cap off the week. SelfKey is officially out of beta with the latest update. You can read all about it in the detailed article on SelfKey v1.3.0. Also, a summary of all that has happened in September can be found here. We have covered most of these in previous updates. John McAfee launched his self branded decentralised exchange McAfeeDex. This is the first white label Dex built on the SwitchDex contract. Massive! The news was featured on CoinTelegraph, Decrypt, Bitcoin.com, AMBCrypto, Bitcoinist, Block Publisher, Coinspeaker and U.Today. Here’s a guide on how to use the Dex. The smart contract and front end is open sourced and there are bounties to BUIDL more fun stuff on it. Listing any ERC20 on the McAfeeDex is free and the Dex will support more blockchains in the future. SwitchDex will also be offering anyone the chance to launch their own Dex’es called portals built on their smart contract. Click here to see how. Platform fees from McAfeeDex will be distributed to exchange operators and ESH and SDEX token holders. Want to spend a day with the man himself? Get in on the ESH Trading Competition! Also, the social media bounties were distributed this week.
McAfeeDex vs Others. Check the last row. Haha
For the technically inclined, Andre Cronje’s latest post explains Fantom’s current project status. A community member got Uptrennd’s $1UP token listed on McAfeeDex. Uptrennd underwent some upgrades this week while the community partied on Meme Monday. $1UP deposits are now live on the platform. Plus, a few other updates can be seen here. There’s also a post to read all the details on the deposit feature. Along with the consistent rise in Alexa rankings, Google ranking has steadily gone up as well. Congrats! Here’s looking at you Uptrennd crew! Amazing crypto success story of the week has to be Jarau’s journey of buying a laptop with his earned points on the platform. Even Altcoin Magazine featured this. Big up to ya Jarau! Catch up with the latest District Weekly from District0x by clicking here. Hydro entered into a partnership with OmiseGo to make use of their plasma chain tech so that Hydro Pay doesn’t stall even when Ethereum chain slows down. Biz Dev Mark Anstead was also in DevCon5 in Osaka this week to spread the word on Hydro and to demo OmiseGo’s plasma implementation in Hydro Pay at $OMG’s booth. As the Hydro crew prepared for their webinar on financial wellness to be held in a few weeks, their article on this hit the stands. Co-Founder Mike Kane also wrote about its use-cases and about accelerating of fintech innovation in an Oracle blog post. This week we got to see another sneak peek into the Hydro Vault which is currently under development. Super slick! KPMG Turkey became a certified member of the Hydro Partner Program. This will allow them to offer all Hydrogen solutions to their enterprise clients. Noice!
Hydro Vault is sure to grab some major eyeballs
As part of its Notary Consilium, Silent Notary set up a dedicated Telegram group for this. In the run up to DevCon5 at Osaka, beta testing of OST’s Pepo app saw it become the #1 non-game Ethereum dApp. Awesomeness! The formal live beta launch of Pepo saw founder Jason Goldberg and co-founder Benjamin Bollen introduce the app for the first time at Building the New Web and EthPlanet Lightning Talks events to DevCon5 attendees. Don’t forget to get the app today in order to catch your favourite crypto thought leader on there – from Bobby Ong to Amanda Gutterman to Jordan Spence and many more. The launch of Pepo was also covered by Decrypt in a feature article. Click here for pics from the Pepo sponsored Shabu Shabu dinner and pub crawl. Fun! And if you were in Osaka, hope you didn’t miss the Crypto Grows on Trees art exhibition. Another event sponsored by Pepo. Also, Pepo stats can be tracked on the OSTWatch as well. This week at Constellation involved the core team sharing insights about the project on various platforms. Co-Founder Ben Jorgensen shared some quick thoughts on how the team works on BizDev that makes it stand out from the rest. BD VP Benjamin Diggles travelled to Oregon Venture Blockchain Studio Demo Day to talk about $DAG. Read up on VP of Finance Mathis Goldmann's thoughts on Constellation's role in the future of blockchain - "The solution to this issue (of scalability) is third generation horizontally scalable blockchains like Constellation…". Ben’s interview with FomoHunt had a few easter eggs (*cough partnerships *cough) peppered in between. The Daily Chain covered the project in a detailed feature. Tons of $BAGS tokens were given away this week in a community-based SWOT analysis sprint on the project. Also, here’s a call-to-action for content creators. BAGS is looking for you. Collab opportunity FTW!

And with that, it’s a wrap. See you again soon with another exciting update. Bye!
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Weekly Update: Parachute easter egg hunt, 2gether adds Cardano, ESH on IDEX, Cryzen-Crix embed... – 5 Jul - 11 Jul'19

Weekly Update: Parachute easter egg hunt, 2gether adds Cardano, ESH on IDEX, Cryzen-Crix embed... – 5 Jul - 11 Jul'19
Hey guys, welcome to another recap of an eventful 7 days at Parachute + partners. Here’s your week at Parachute (5 Jul – 11 Jul’19):

This week’s Parena had 235 participants with a 225k PAR pot. Amosity beat Gustavo in the finale to take home 75k PAR. Wojtek spearheaded and got PAR listed on CoinPaprika. Unique’s Math themed trivia in ParJar turned out to be super engaging with 50k PAR given out to winners and participants. Derjenige hosted another trivia in ParJar for a total prize of 50k PAR. Check out the PAR tokenomics on ParJar since it started. Mind boggling numbers! Nilzinho won 50k PAR in the Women’s World Cup Challenge this week. Our subreddit has a fresh coat of paint thanks to CF! The latest merch with our slogan #cryptoforeveryone is now available for sale in the Parachute Shop. Ahead of The Crypto Lifestyle’s interview with Cap, Francis put out a fun teaser.
Rene and Alexis’ beer party expenses settled through ParJar
Over to an epic story from TTR, Unique used his PAR tips to finally buy a guitar which he always wanted. Woot! Song requests incoming. In the Big Chili Race, Jason has taken the clear lead from Tony at 44 cm. Another one of Cap’s epic emails went out this week with easter eggs hidden in it. Seems like ages since we had the last one. Plus we finished the rapid weekly update catch up series last week. So Cap did a monthly recap post with 150k PAR hidden in it (100k in one wallet, 50k in another)! For the 100k PAR, as Cap would put it, it was a blast from the past (OGs, do you remember the gasman incident from May 2018?) with Alexis sending the gas and Tony withdrawing the 100k PAR. The 50k PAR was won by Novel Cloud Lucas Green for being an attentive reader.
<- LordHades grabs OG gear before phase out/Jason receives a package from the beer exchange ->
This week, aXpire COO Matthew Markham sat down with Astronaut Capital CIO Matt Dibb to talk about tokenomics and the market. This week’s update is a video podcast for a change. aXpire launched its Bilr invoicing application for law firms. The AXPR HODL program also reached 5% of circulating supply this week with 28 members in the Prime group. The weekly burn was for 20k AXPR i.e. double the normal amount starting this week. Reasons for the double burn will be released soon. Rohit and my article on market maturity in crypto also came out this week. 2gether CEO Ramon was interviewed by CoinTelegraph. Cardano is now supported on the platform. And finally, watch the 2gether card in action paying for coffee with Dash. Last week we got a sneak peek into the Birdchain SMS feature followed by a real time test video of the feature this week. Beta testing was also launched. What could you expect as a beta tester? Find out here.
Bilr feature set
BOMB got approved for listing on Hotbit. Listing will be next week. CoinsOnFire’s technical update of the project was also released. Zachary also continues to make a positive dent on the world with his support for Brynn Children Home. BOMB won the Uptrennd vote-for-review contest and got a detailed review report done by Romana from the Uptrennd team. Benjamin’s latest coverage on tokenomics came out this week as well. District0x’s weekly and dev updates cover a range of news including infrastructure updates to Meme Factory, experiments on District Registry test nets etc. We have also covered some of these updates in last week’s post. Switch’s ESH token got listed on IDEX. If you have taken a peek inside the SwithDex code and found any bugs, don’t forget to let them know here. Make sure not to miss their latest update post which covers new listings, Dex updates etc.
Thanks Dash for the support to these kids!
The Cryzen Code Studio is now directly embedded on the Crix exchange. Have a look at this video to learn how to backtest your own algo on it. If you haven’t checked out Uptrennd yet, now is a good time to do so. They have been running some fun games and trivias in their Telegram channel and tipping 1UP tokens using ParJar in there. More than 1M 1UP tokens (in the form of points) have been locked into the Uptrennd platform till now through levelling up. Author and Fund Manager Grant Cardone joined Uptrennd this week. Noice! Onto some HYDRO news. Click on the numbers: 1, 2, 3, 4, 5 to check out the latest updates to the Hydro Pay app. TLDR: the dev work is progressing steadily. For dev updates on Hydro Labs, click here. But what is Hydro Labs? It is a separate entity incorporated by Hydro to help spread the Hydro product ecosystem. The introductory post on this new entity explains it all. The winners of the video contest were announced as well. Last week, we covered the Bloom-Bounty0x partnership. This week they made it an exclusive arrangement. Details of the partnership are explained in this article. Bounty0x’s fundraise on Republic hit the minimum funding goal. Sweet! The Voyager + ETHOS Community AMA happened this week. Check out the video here. Highlights from the AMA were – listing ETHOS on Voyager, new token utility models etc. Read more here. Founder Shingo’s thoughts on Facebook’s Libra were published this week as well.
One of the proposed token utilities of ETHOS
FTM was listed on the WazirX exchange this week. Plus, it got added to the BitBerry wallet too along with an announcement of a future listing on Coinzest. In addition to this, FTM was added to another exchange in the OKEx family – xFutures. It is a futures exchange with staking benefits. xFutures announced the start of FTM staking on their platform. The first project to have that privilege. That Martini Guy featured FTM in his latest video as well. The Fantom community is also super engaged with the project already connected to 10k followers on Blockfolio. If you’ve been following Fantom’s developments, you already know that their deep dive tech updates are a nerd’s wet dream. Here are a few from this week: June task log with SFXDX team, DAGchain scope, technical update #11 and StakeDAG. The ERC20-BEP2 bridge built by Fantom also supports BEP2 to ERC20 swaps now. Like the original functionality, this side of the swap has been open sourced as well. Kudos to ya Fantom! And finally, CIO Michael Kong sat down for an interview with Bill from BullFlagGroup to talk about the project. Click here to check it out.

And with that we close for this week. See you soon with another update. Cheers!
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Weekly Update: ParJar makes headlines, aXpire community rocks, big wins for HYDRO, 2gether presale... - 5 Apr - 11 Apr'19

Weekly Update: ParJar makes headlines, aXpire community rocks, big wins for HYDRO, 2gether presale... - 5 Apr - 11 Apr'19
Hi everyone! Here’s continuing with the rapid weekly update catch up series. The week that was at Parachute (5 – 11 April 2019):

ParJar crossed 26k tips since the start of the year catching the attention of some big names in crypto. Crypto World News featured ParJar in a news item while Crypto Zombie did a quick shoutout. Belated birthday wishes to Parachute’s very own Iceman! Hope you had a great one mate. Alexis won 400k PAR for topping the March Madness Pool. He also made it to the finale of this week’s Parena only to be beaten by Camille. She took home a cool share from the 200k PAR pot. The DoTA tournament turned out to be great fun with the team of Parachuters beating a team of bots in the game. Participants won 200k PAR and 1300 AXPR each. Chris set up Parachute’s first ever Masters Pickem Contest. The winner would receive a 2019 Masters hat in Masters Green. Sweet!

Parachute’s Master Pickem Contest winner gets to wear this beauty

The Ethfinex community vote came to a close with AXPR coming in 4th even though we had the highest number of unique voters. Inspite of the loss, the aXpire community was a clear cut winner. Community members and overall rockstars Dj and Gamesawy made a ton of awesome artwork to motivate folks to vote AXPR. And motivate they did! aXpirians joined forces and showed strength in numbers with everybody chipping in with as much as they could and more! The final MatchBX redesign sneak peek dropped this week. Check it out and share your thoughts. The weekly AXPR burn took place like clockwork. The AXPR Prime program now has 11M AXPR locked in it. That is insane! FinancesOnline awarded Resolvr with the “Premium Usability” and “Rising Star” prizes with Resolvr also making it to the list of best budgeting software solutions of 2019. Woot woot! Dutch readers can catch up on Crypto Benelux’s review of aXpire which was published this week. And finally, if you kept a keen eye on the chat, Matt shared a super early preview of the front end market place - Digital Shares: "CoinBX as a gateway MVP (backend engine) is ready, but we are adding a front end market place called Digital Shares. Even that backend will see upgrades to increase transaction speed and UI/UX". Stay tuned.

Dj and Gamesawy. You rock!
The 2gether presale started this week for citizens of Eurozone. Check out this thread to see how people in the EU19 have been using the card to buy stuff. This article shares more details on the launch. There’s also a sweet video series on 2gether team members using the card and app to buy carrot cake. Nom nom. CEO Ramon travelled to Innovation Finance Congress and U-tad this week to talk about fintech and collaborative banking models. Click here and here for a sneak peek. The incentive economy model involves customers by empowering them and returning revenue. Read this article to find out why businesses built on such a model will disrupt more industries in the future. Plus, the 2gether Steemit blog is now live. If you’re on Steemit, give them a follow. The first ETC Labs cohort (of which Cryzen was a part) came to an end this week with the Demo Day. Shuvro presented the Cryzen pitch deck on the occasion. Check around the 38 minute mark. Code gurus, have a look at Shuvro’s machine learning proof of concept simulation. The code involves a train function which uses past data to predict a future data point. See if you can better it!

Can you spot Ramon on stage?

Firstly, congratulations to HYDRO for making it to the top 3 in the Ethfinex community vote. And accolades have been coming Hydrogen’s way throughout the week. Fast Company named Hydrogen in its list of World Changing Ideas in the Developing World Technology category. By making the list, HYDRO was in august company of such behemoths as Ripple and Mindtree. Hydrogen was also selected to the WealthTech100 list of the world’s most innovative WealthTech companies for 2019. Mike should start working on getting a bigger trophy room. What say? The team also presented the molecule blockchain this week at the Global Treasury Leaders Summit hosted by The Economist. Blockchain Transparency Institute’s Market Surveillance Report for April’19 was published this week. HYDRO is one of only 55 tokens that can claim 0% wash trades on the list of 567 tokens that were analysed by BTI. Another big win for HYDRO! The Hydro developer update also came out this week. Did you know that 9M HYDRO tokens were rewarded to developers from the community who successfully completed bounties? Read more in the update.

HYDRO is one of only 2 tokens with more than USD 100k volume and 0% wash trade

Fantom announced a partnership with Yonsei University this week to work on virtual machines compiler development. Research updates in this segment will be released in the future. Fantom has released a simplified explanation of its proof of stake model. If you had trouble decrypting the more technical PoS document, the latest article should be helpful. Following Fantom CIO Michael Kong’s AMA last week, SharkCIA conducted a 1-on-1 interview with him. Click here to check it out. District0x’s weekly update cover a range of news from tipbots to invite links. If you want to know about token curated registries being built with Meme Factory, check out this helpful guide. The press release of Switch’s DEX platform was published on bitcoin.com with details on how the fees from the DEX will be airdropped to ESH and SDEX holders. If you missed the SwitchDEX introduction article last week, you can read the press release to catch up. CEO Josh appeared for an interview with Joe’s Crypto to discuss on all things Switch. Horizon State closed the week with another exchange listing. This time on UpBit!

Approximate distribution of FTM block rewards over a 4 year period

Opacity’s slogan competition saw a winner being announced this week. The winning entry was “Handle your Privacy” and it clearly represents what Opacity is all about. Freedom to control your privacy. Blockport STO press release was published on CoinTelegraph with details on the project. The STO also made it to the top 5 STOs of 2019 list prepared by CoinFunda. Uptrennd founder Jeff’s interview by Scott Cunningham dropped this week. The discussion ranged from the ins-and-outs of the platform to the future roadmap. Also, Uptrennd is giving away 20 bonus points (redeemable for 1UP tokens) for joining their Telegram channel. Still trying to figure out how to use the Birdchain platform to launch an ad? Here’s an article that lays out all the details. Plus, this guide on how to grow your community should be useful for budding marketeers.

Ad statistics on Birdchain

Uzi’s interview of Ethos CEO Shingo provides an in-depth look into how Ethos functions as a company and where crypto is heading to in the foreseeable future. And if you’re looking to introduce a friend or family member to blockchain, sign them up for the Ethos Blockchain Course. Crypto awareness FTW! Dapp.com featured the WednesdayClub dApp this week in a brief write-up. And finally, the latest Gem app update (v0.17.6) came out which has fixed a few pending bugs. Check it out from the App Store/Play Store! Want to see something cool? Here’s a couple of antiquities from Gian’s extensive collection of treasures:

From our very own Giandiana Jones’ treasure chest

And with that, it’s a wrap for this week at Parachute. See you again with another update soon!
submitted by abhijoysarkar to ParachuteToken [link] [comments]

Weekly Update: 10k ParJar users, PAR on Mercatox, BOMB Announcement, FTM on OKEx... – 28 Jun - 4 Jul'19

Weekly Update: 10k ParJar users, PAR on Mercatox, BOMB Announcement, FTM on OKEx... – 28 Jun - 4 Jul'19
Hiya folks! With this update we will be totally caught up with the latest Parachute weekly. Whew! Told ya it will be fun. Thanks for sticking by. Here’s your week at Parachute (28 Jun – 4 Jul’19):

ParJar crossed 10k users this week (with 120k total transactions till now). The growth is real! PAR got listed on Mercatox as well. The first Cex listing. Woot! Remember how well researched Benjamin’s BOMB metrics reports were? You are in for a treat. He made a deep dive report on the PAR token metrics as well. Enjoy! CoinsOnFire’s review of Parachute is out too. Have a read! Cap’s Parachute journey article was translated to Spanish by Roberto. The milestone items for July are pargas, new projects, more coverage. Cap announced a competition to design a logo for the Parachute News/Announcement channel. Tons of solid entries. 300k PAR were given out to the top picks. Pedro’s logo was simple yet clear in its message and was the winner of the comp with it becoming the Ann channel logo.
Great work on the logos, guys! These look super fresh

Ice and Chris rocking that Parachute swag
The latest ParJar feature allows you to see price of any coin/token/USD/CAD/EUGBP/PLN/RUB amount to another coin/token/USD/CAD/EUGBP/PLN/RUB. So if you want to see price of 5000 PAR in AXPR or USD, just type /convert 5000 PAR AXPR or /convert 5000 PAR USD. Try it out in PM with the bot. Ketan won this week’s Parena and laid claim to the lion’s share of the 100k PAR pot. Victor’s trivia this week in ParJar was on Animals. 10 questions, 50k PAR. Dayum! Ian hosted an art quiz in ParJar as well. Another 50k PAR given out. The OG Parachute items were finally phased out of the parachute shop this week. Check out the latest gear that arrived in the shop.
The Big Chili Race Standings as on 2-July
Alexis receiving one of the last shipments of the OG gear
aXpire submitted its proposal to be listed on Binance Dex this week. The 100k monthly AXPR burn can be tracked here. Weekly update video is up as well. Have a look. Co-Founder of Huddl, Vishal Karir, wrote about BOMB as deflationary gold in an article on scarce assets. Jason Choi, researcher at The Spartan Group, talked about two "fascinating & underexposed economic experiments in crypto" in a tweet thread this week. One of them was BOMB. Benjamin’s latest BOMB Report is out as well. You can also watch him elaborate on it in this video. Remember, the BOMB video contest that has been ongoing for a few weeks now? Here’s a compilation of 100 submissions. The winners have been selected. A new market stats dashboard will be going live soon. And finally, don’t forget to mark your calendars for July 15th. Zachary will be announcing the next big step for BOMB.
This chart from Benjamin’s report seems to back up BOMB’s core idea
Horizon State was featured in the blockchain showcase series by Micky News with a detailed background on the project and where they are heading. HST got added to the FlashCoin mobile wallet and its P2P marketplace. The Hydro Pay app’s official video was released this week. Plus, check out the latest app updates here, here and here. The project was also covered in a publish0x article about 3 promising projects in H2 2019. HYDRO has taken the lead in a vote-for-listing competition to get listed on ChangeNOW. Read more about DeFi and how Molecule is a positive force in the DeFi space in Hydro’s article. In District0x-verse, read up on the latest from the District Weekly. Meme Factory’s newest meme contest is underway. Hearthstone fans, don’t forget to catch the gameplay recording of Game of Memes (which uses Meme Factory assets for game cards). Project Manager Alexander wrote about the journey of Meme Factory so far in his blog article.
Meme Factory's dankest meme as of 4th July :p
Fantom’s FTM token was listed on OKEx, OKEx Korea and Bittrex International this week. If you’ve been living under a rock for the first half of 2019, CMO Michael Chen’s got your back. His half yearly recap article covers all things Fantom. Michael's presentation at ZKLux#1 was featured in Sikoba's blog post. PaperCoins’ review of Fantom was published this week. Check it out! The team also had an AMA with the latest partner, Xangle. Click here for the transcript. Opacity (and Hydro Pay) were added to dApp browser on dapp.com. June recap for Opacity was out this week. Bounty hunters, have a read of the weekly Bounty0x distribution report. Bloom partnered with the platform to provide Bloom verified accounts for Bounty0x users. Bloom verified accounts are more trustworthy and hence get access to higher value bounties compared to unverified accounts.
Bloom takes data privacy seriously
1UP will be seeing a major burn of its tokens in the near future. Read more about the updated tokenomics here. Another project will get a chance to be reviewed in detail for free by Uptrennd. Voting started this week. Have a question to ask Enjin CTO Witek Radomski? Uptrennd will be interviewing him soon and your question could make it to the interview. The ETHOS Universal Wallet turned 1 this week. Happy Birthday! Switch’s press releases went live simultaneously on Reuters, The Merkle, Bitcoin PR Buzz, Coinspeaker, Blockmanity and ZyCrypto. ESH was listed on Mercatox and ZooomEx. One of the coolest features on Switch is the option to buy gift cards with altcoins. Catch up with the latest at Switch from their update article. In Birdchain news, get an early preview of the of the SMS feature on the app and its testing snapshots. Details of the 2gether referral program were released this week. Here’s a link for Spanish speakers.

And with that, it’s a wrap for the rapid catch up series and for this week at Parachute. Thank you again for being here and God Bless Parachute! See you again with another update. Ciao!
submitted by abhijoysarkar to ParachuteToken [link] [comments]

Bitcoiner circumvents company's fees, is outraged that said company suspends his account.

Bitcoiner circumvents company's fees, is outraged that said company suspends his account. submitted by Mark_Karpeles_ to Buttcoin [link] [comments]

Best Option to Avoid High Fees When Buying Crypto

As the title suggests I'm looking for good options on buying bitcoin (or others) with low fees. Previously I've always been lazy and have just gone through Coinbase and CoinJar.
The only good solution I've come across so far is signing up to Revolut and then trading from USD to BTC through GDAX.
Any other suggestions people have come across? Thanks
submitted by isaac874 to BitcoinAUS [link] [comments]

13 Months of ADOPTION! -- NANO accepted here! (10)

Hi everyone,
Until May 2018 I posted this on a regular basis since the adoption rate was high. Sometimes we had several new entries per day. Then adoption slowed down and also private work slowed me down.
Also, USE NANO, https://usenano.org appeared and took over some of the work.
usenano.org's listings do not fully match this list and vice versa. Both of us would need to invest some work in order to provide a full list. ;-) -- Both lists together should provide a good overview.
Also: A few weeks ago BrainBlocks reported about 2000 merchants using BrainBlocks. In case they are reading here, please let us know.
This said, I am re-publishing The Reddit NANO Directory
Adoption is crucial! Adoption is king!
ATTENTION: The new Reddit design has screwed up the correct counting in here.
If you switch to the old Reddit design, you will realize, that I am able to count from 1 to over 130.
Dear online merchants,
Please state visibly that you accept NANO and I will be glad to link you here. As a customer I would like to learn about this payment option before having worked my way through to checkout. At the same time this is a great opportunity to advertise NANO as a currency ... on more than 130 sites so far!
Examples: 01, 02, 03, 04.
INTRO 1 (Jan 20, 2019)
After 13 months of adoption we are counting at least 155 (update to follow) shops / options to spend NANO.
This means a current growth rate of <1 shop per day.
NANO has been accepted so far in the US, CZ, GER, UK, CAN, AUS, BRA, FRA, AT, NL, TUR, PH, NZ, JP, RU + CW (Curaçao) + HR (Croatia), ITA, GR (Greece), IRL!!
UPDATED COUNTER: 157 shops / options
NANO Media Kit - logos for websites, apps, etc., https://www.reddit.com/nanocurrency/comments/7wh5uz/nano_media_kit_logos_for_websites_apps_etc
NANO Sign, great tool for merchants: http://nanosign.org
NANO Wallpapers, https://www.nano-wallpapers.com
New shop? Please post below or PM me and link me to your NANO sign on your site.
INTRO 2
1) This is the follow-up on https://www.reddit.com/nanocurrency/comments/8lvakf/5_months_of_adoption_nano_accepted_here_9
2) Please also find four other directories here:
a) USE NANO, https://usenano.org
b) Nano Acceptance on Google Maps, https://drive.google.com/open?id=1k8DqkaVf51xNr8l7bCUUQhJ23FJuQmnM&usp=sharing
c) all.things.nano, https://www.allthingsnano.net -- No longer maintained??
d) NANO is FAST, https://nanoisfast.com/websites-accepting-nano-payments
The Reddit NANO Directory
NANO ACCEPTED HERE!, https://nanothings.store/product/nano-accepted-here-window-sticke#
-- Hopefully in correct chronological order. -- Shop at your own risk!
Dec 24, 2017
1) Made by Docs, US, natural toothpaste, https://www.madebydocs.com (Were you #1?)
2) Josh’s Jungle!, US, salts & fresh peppers, https://www.joshjungle.com (Were you #1?)
3) Growing Opportunities International (GO!), US, donations, http://www.growingopportunitiesinternational.org/donate.html (Were you #1?)
4) BlockFevr, closed, https://blockfevr.com/game/dice/XRB
5) RaiGames, US, Social RaiBlocks Gambling, https://raigames.io/ -- (Be careful with gambling!) WARNING: https://www.reddit.com/RaiBlocks/comments/7qgxgl/raigamesdo_not_deposit_rai_warning/
6) deleted
7) smallsound/bigsound, US, guitar pedals, http://www.smallsoundbigsound.com/pay-with-cryptocurrency
8) Medbooks.CZ, CZ, used medical books classifieds, https://www.medbooks.cz
9) Late Apex, US, T-Shirts, mugs, phone cases: https://late-apex-racing.com/pages/home-tracks
Jan 09, 2018
10) Naturkost Leiferde, GER, organic food, http://www.naturkost-leiferde.de
Jan 10, 2018
11) RauchRoad, US, sunglasses, https://rauchroad.com
12) headphones.com, US, headphones, https://www.headphones.com
What this shop has learned from accepting NANO: https://www.reddit.com/nanocurrency/comments/7x3qr1/headphonescom_started_accepting_nano_a_month_ago/
Jan 14, 2018
13) Wild und Frei – Headshop.de, GER, headshop, https://wildundfrei-headshop.de
14) Hitsteps, US, realtime website analytics, https://www.hitsteps.com
15) PexPeppers, US, hot sauce, https://www.pexpeppers.com
16) Rah Straps, CAN, handmade camera straps, http://rahstraps.bigcartel.com
17) The Series One Shop, AUS, parts for real Land Rovers, http://www.seriesoneshop.com
Jan 15, 2018
18) SF BMW CODING; US, BMW coding, https://www.sfbmwcoding.com/now-accepting-raiblocks
19) Scott Mills, US, art, http://scottmillsart.com
20) Desert Island Survival, US, desert island survival courses, http://www.desertislandsurvival.com
21) Sekerka Tomáš, CZ, art, http://sekerkatomas.cz
22) Lindleys Autocentres, UK, car services, https://www.lindleysautocentres.co.uk
23) Imaginaire Digital, UK, web design agency, https://www.imaginaire.co.uk
Source: http://www.nottinghampost.com/news/business/bitcoin-now-being-accepted-payment-1064600
Jan 16, 2018
24) Grow Kit, CAN, grow shop, https://thegrowkit.ca/faq
Jan 21, 2018
25) Half Moon Mods, US, vape shop, https://www.halfmoonmods.com
Jan 23, 2019
26) Vape Club International, Malaysian vape juices and e-liquids, https://vapeclubmy.com
27) deleted
28) Doppel Store, Brasil, online store, https://www.doppelstore.com.br
29) DONGA, France, interior, https://www.donga.fr
30) Cryptodesign, US, cryptocurrency-related artwork, https://cryptodesigns.io
Jan 25, 2018
31) Fermentation Culture, AT, shop for Koji spores, http://www.fermentationculture.eu
32) Irische Nacht, GER, Irish music night, http://www.irische-nacht.rocks
33) Tony's Eliquid Co., US, vape lemonade flavors, https://tonyseliquid.com
34) Love At Every Sight, US, personalized cards and wine labels, https://loveateverysight.com/faq
Jan 26, 2018
35) PPC Protect, US, protection against click fraud, https://ppcprotect.com
36) EDGEWORTH, US, design company, https://edgeworthdesigncompany.com
37) D.o.A-C., Department of Art-Cryptomancy, US, Cryptomancy is, generally, a magical act intended to interface with the blockchain. This is not done simply for financial gain, but in fact more generally: to steward mystical and numinous interactions with the blockchain. http://www.doac.us
Jan 27, 2018
38) ACL CREATIVE STUDIO, US, film and book distribution, branding, editorial design, http://aclcreativestudio.com
Jan 29, 2018
The Copper Hat, CAN, quality wet shaving supplies, https://thecopperhat.ca
Jan 30, 2018
39) Domein-Direct, NL, webhosting & more, http://www.domein-direct.com
Jan 31, 2018
40) WK|END EYEWEAR, US, party sunglasses, https://wkend.club
Feb 2, 2018
41) Crypto Audio Club, US, erphones & erbuds, https://cryptoaudio.club
Feb 5, 2018
42) Brisbane Tech Repairs, AUS, Brisbane's first cryptocurrency friendly IT service!, http://www.brisbanetechrepairs.com
43) Online language teacher, https://www.reddit.com/nanocurrency/comments/7vetnx/i_am_an_online_language_teacher_and_i_accept_nano
44) NanoMerch.net, US, NANO merchandise, http://nanomerch.net
45) Bitcoin Psychic, US, live psychic readings by phone, text and chat, https://bitcoinpsychic.wixsite.com/bitcoinpsychic
Feb 12, 2018
46) LUCKY NANO, US, online poker, https://www.luckynano.com
47) LEYLAND, US, women's activewear, https://www.leyland.com
Feb 13, 2018
48) MEMTO, NL, personally made memorials, http://www.memto.nl
49) GPS Tracking Made Easy, US, GPS tracking devices for regular people and small businesses, https://gpstrackingmadeeasy.com
50) Korbinian Vogt, GER, special photo prints, https://korbinianvogtprint.com
Feb 14, 2108
51) SomaVita, US, ElevatePlus, supplement, https://www.somavitasupplements.com
Feb 16, 2018
52) Textracto, US, turns articles into data, https://textracto.com
53) CUT ALL THE SHIT, US, bullshit-free web hosting company, https://www.cutalltheshit.com
54) AZEWATE, TUR, metalworks shop, https://azewate.com
Feb 18, 2018
55) SLYDEV, AUS, 3D printed nerf accessories, https://www.slydev.com.au
Feb 19, 2018
56) The Milk Road, US, coffee roaster, https://www.milkroadcoffee.com
57) Work for NANO, US, Make It, Sell It And Earn Nano, http://www.workfornano.com
Feb 23, 2018
58) 1up coin, Accept Cryptocurrencies on your Stream! By using Twitch/YouTube, StreamLabs/StreamElements & Coinbase APIs we make it easy for you to accept Cryptocurrency donations!, https://1upcoin.com
59) NanoTwit.ch, NanoTwit.ch is a service for Twitch streamers and their viewers. https://nanotwit.ch
60) NANO THINGS, US, everything NANO, https://nanothings.store
Feb 24, 2018
61) Pure Nootropics, US, pure nootropics, https://www.purenootropics.net
62) STRUCTGLASS, AUS, Australia’s safest structural glass balustrade system, https://structglass.com.au
63) Daniel R. Treccia, US, Innovative Books in Sports Performance and Exercise Immunology, http://danieltreccia.com
Feb 25, 2018
64) Mentevagante, freelance artist and musician, https://www.reddit.com/Art/comments/7zg09v/that_look_ballpoint_pen_15x21/
65) Hamburg Maths Tutors, GER, Hamburg Maths Tutors, http://www.hamburgmathstutors.com
66) Digital Media Design, UK, digital media design, http://iinde.com
67) OB Club, US, non-profit medical marijuana delivery service, https://organicbudclub.com
68) Blade + Brow, US, Korean 6D Nanoblading (;-)), freckling, and hairlines, https://www.bladenbrow.com
69) Voetbal Quiz, NL, online football quizzes (in Dutch), http://www.voetbalquizkopen.nl
70) Cryptogirls, US, sexy shows, http://cryptogirls.live
Feb 26, 2018
71) Guess Winner, sports bets, https://guesswinner.com
March 01, 2018
72) Cryptimber, UK, NANO wood art, https://cryptimber.co.uk
March 02, 2018
73) Wit Working, BRA, coworking space in shared environments, https://www.witworking.com
74) Moriarti Watches, US, watches, https://moriartiwatches.com
75) VPN Into China, VPN service to access chinese websites with ip restrictions in China, https://vpnintochina.com
March 03, 2018
76) Laser Trees, US, jewelery, http://lasertrees.com
77) Kaizen, GER, sports socks, https://kaizen-sports.de
78) Healthy Harvest, US, hydroponics and horticultural supplies, https://www.healthyharvest.com
79) Be A Little Chaotic, US, T-shirts, hats, https://bealittlechaotic.com
80) NANO is FAST, US, "PAY WITH NANO" stickers, https://nanoisfast.com
March 04, 2018
81) CoinSpec, US, hardware wallets, https://coinspec.net
82) Gecko Vapes, UK, Vaping and E-Liquids, https://geckovapesco.com
83) Sara Carli, US, art, contemporary realism in oil, https://saracarli.com
84) Black Block Research, US, 'On-Chain Investment Intelligence', research, analysis and insights into the cryptocurrency markets, https://blackblockresearch.com
85) Luckygames, US, gambling, https://luckygames.io
86) ThinkHODL, US, crypto merchandise, https://thinkhodl.com
87) Canadian Bitcoin Giftcard, CAN, electronic gift cards, https://canadianbitcoingiftcard.ca
March, 10, 2018
88) PINOY GAME STORE, PH, online game store, http://www.pinoygamestore.com
89) mae., US, websites: design & branding, http://designedbymae.com
90) Nanod.es, service to spin up one's own Nano representative, https://nanod.es
March 12, 2018
91) Shillshack, crypto decals and T-Shirts, US, https://shillshack.com
92) Astral Clouds, vape juice, US, https://www.astralcloudz.com
93) APShaveCo, US, unique knots and brushes, https://www.etsy.com/ca/shop/APShaveCo
94) BINARY CABIN, US, custom web applications, employee management, CRM systems, https://binarycabin.com
95) betNANO, US, NANO lottery, https://betnano.win
96) NANO Poker, online poker, https://nanopoker.club
March 16, 2018
97) HODLFORK, US, cryptocurrency enamel pin collection, https://hodlfork.com
98) WOODLAND SHADES, US, sunglasses, watches, https://woodlandshades.com
Please read this: https://www.reddit.com/nanocurrency/comments/8h0pwj/do_not_send_your_nano_to_woodlandshadescom_you
March 21, 2018
99) Xenogifts, Free games, gift cards and more, https://www.xenogifts.com/blog/Cryptocurrencies-have-been-added-as-rewards.php
100) Eliquids.nz, NZ, E-Liquids, https://www.eliquids.nz
101) RISING SUN RECORDS, JP, records, https://risingsunrecords.shop
102) Crypto Apparel Company, UK, apparel, https://cryptoapparelcompany.co.uk
March 29, 2018
103) NANO meetups, NANO meetups info, best "NANO accepted here" sign so far, https://www.nanomeetups.com
April 02, 2018
104) VPWR, US, apparel, https://vpwrapparel.com/collections/nano
105) nanoboxes (= NANO-digital-ebay), buy and sell your digital products with Nano, https://nanobox.es
April 24, 2018
106) InkHip, US, apparel, https://inkhip.com
April, 26, 2018
107) The Crypto Factory, NANO Collectible Coin, https://www.thecryptofactory.io
April 30, 2018
108) Vityaz-Hotel, RU, hotel on Crimea, www.vityaz-hotel.ru
May 01, 2018
109) Dreamlandmagic, US, Magic Shop, https://www.dreamlandmagic.com
May 14, 2018
110) SatoshiMarket, US, embroidered polos, https://satoshimarket.io
May 22, 2018
111) PVP.me, CW (Curaçao), sports & esports betting, https://pvp.me
May 26, 2018
112) A Tempo, NL, classic car, nanocurrency
May 28, 2018
113) deleted
May 29, 2018
114) Silicon Lottery, US, processors, https://siliconlottery.com
June 1, 2018
115) Lynx Art Collection, US, artwork, https://lynxartcollection.com
June 2, 2018
116) AlcoYoung, US, alcohol gadgets, https://alcoyoung.com
June 3, 2018
117) Nano Coffee, US, coffee, https://nanocoffee.shop
June 4, 2018
118) Insight Music, UK, independent record label, http://insightmusic.co.uk
June 8, 2019
119) Menta za koktele, HR, mint cocktails in Croatia, Koktelmenta
June 10, 2018
120) What's Crypto?, GER, apparel, https://whats-crypto.com
June 20, 2018
121) EUTRINO, electronics, https://eutrino.com
July 06, 2018
122) Anonymous Venezuelan merchant accepted 29 NANO for 102 kg of food incl.cornmeal, meat, rice, sugar, beans, sauces and avocados. https://www.reddit.com/nanocurrency/comments/8wfl2venezuelan_user_i_bought_102_kg_of_food_today
July 25, 2018
123) Allin.bet, US, NANO poker, https://allin.bet
Aug 23, 2018
124) Bendigo Radiators, AUS, radiators, www.bendigoradiators.com
Oct 26, 2018
125) Hair Care Studio Angelika, Venlo, NL, no website
Nov 03, 2018
126) 100MilaCaffè, Turin, ITA, cafe, https://cryptoicocash.com/news/il-primo-caffe-acquistato-in-criptovaluta-nano-in-italia
127) RIVALS, US, photographer, http://www.keenanrivals.com
Jan 05, 2019
128) Kirinos Pizzaria, Rio, Brazil, pizzaria, https://twitter.com/oih_ana/status/1081471927275925505
Jan 11, 2019
129) BullHQ.com, US, apparel, https://bullheadquarters.com/collections/nano
Jan 19, 2019
130) 35North, GR, Olive Oil, https://35north.eu, (Welcome Greece!)
Jan 20, 2019
131) mickmon, IRL, music, http://mickmon.com/myself (Welcome Ireland!)
Feb 04, 2019
132) Travala.com, US, INT, Online Travel Agency, https://www.travala.com
DOCUMENTED PURCHASES with RaiBlocks
Jan 4, 2018
First recorded purchase with XRB/NANO: — 1 XRB bought 1 jar of toothpaste!
https://www.reddit.com/RaiBlocks/comments/7nya51/it_feels_good_to_support_companies_taking_a
Jan 10 & 11, 2018
Second & third recorded purchase with XRB/NANO:
— Audio-Technica DSR7BT headphones sent to Mikael in Finland (claimed on March 13)
— 2 shock absorbers for a Land Rover for 1.5 XRB, (from the deep archives: https://www.reddit.com/RaiBlocks/comments/7suvwd/one_month_of_adoption_raiblocks_accepted_here_3/dt7nuq0 )
Jan 12, 2018
Fourth purchase with XRB/NANO: — First album ever sold for XRB/NANO,
https://www.reddit.com/RaiBlocks/comments/7ps861/accepting_xrb_for_my_album_mistakes_made_carefully/
Jan 20, 2018
Purchase #5 and #6: It's toothpaste and peppers! https://imgur.com/a/kIVy7
https://www.reddit.com/RaiBlocks/comments/7pc8ot/made_a_couple_of_really_cool_purchases_with
Jan 20, 2018
Purchase #7: -- It's sunglasses!
https://www.reddit.com/RaiBlocks/comments/7rqae9/buyrai_rauchroad_unboxing_and_review
Jan 22, 2018
Purchase #8 -16: "So far there have been 8 or 9 successful XRB payments" for hot sauces: https://www.reddit.com/RaiBlocks/comments/7s23lh/just_got_my_first_physical_xrb_purchase
Jan 26, 2018
Purchase #17: vape lemonade flavors, https://www.reddit.com/RaiBlocks/comments/7t7com/just_made_my_first_ever_payment_with_xrb_could
VIDEOS
Documenting purchases with RaiBlocks: https://www.youtube.com/watch?v=pQ1jQs2GxBU
MARKETPLACES
Jan 23, 2018
1) BlockVerse, RaiBlocks MarketPlace, https://blockverse.io
2) BITLIT, open marketplace for buying and selling items/services online, https://bitlit.io
3) NANO LISTING, US, marketplace where you can list goods and services for NANO, https://www.nanolisting.com
4) OpenBazaar, Planning stage, https://www.reddit.com/RaiBlocks/comments/7s2uvi/the_openbazaar_peertopeer_marketplace_is_looking
GAMES & APPS
1) RaiBlocks App, US, Price, Graph, News, https://itunes.apple.com/us/app/raiblocks/id1334362676?mt=8
RENT, REAL ESTATE
1) First rent paid with RaiBlocks: https://www.reddit.com/RaiBlocks/comments/7olpeg/rent_in_raiblocks
SPAIN, ARGENTINA, INDIA, KOREA, DUBAI, SINGAPORE, ... AFRICA, ...
Anyone out there?
INFRASTRUCTURE
1) BrainBlocks, simple checkout for RaiBlocks, https://brainblocks.io
How to integrate a NANO gateway via BrainBlocks to your website (Programmers Guide) http://www.hitsteps.com/blog/how-integrate-nano-cryptocurrency-payment-gateway-via-brainblocks-to-your-website
2) GetXRB Start accepting RaiBlocks payments for your business -- GetXRB is an API for generating XRB invoices on the fly. -- https://www.getxrb.com
3) RaiPay for WooCommerce, WooCommerce payment gateway plugin that allows your customers to pay with RaiBlocks via RaiPay, https://github.com/coenjacobs/raipay-woocommerce
4) More: https://www.reddit.com/RaiBlocks/comments/7pxtns/hi_i_did_nothing_special_for_this_community_but
5) BrainBlocks Shopware Integration, https://www.reddit.com/RaiBlocks/comments/7rzkgh/brainblocks_shopware_integration
6) ArrowPay. Use ArrowPay's prebuilt plugins and tools to quickly and easily start accepting RaiBlocks on your website. https://arrowpay.io
7) Vaulty, one link for all accepted cryptos on your site, https://www.vaulty.io
8) python based program that displays the merchant's receive address as a QR code for the customer to scan, as well as displaying the transaction details in both FIAT and Crypto. More details: https://www.reddit.com/nanocurrency/comments/80ddbl/i_wrote_a_program_to_make_accepting/
Regular edits & updates.
Please let me know, in case I have forgotten anyone. Thanks.
submitted by Koba7 to nanocurrency [link] [comments]

Function X: A Concept Paper introducing the f(x) ecosystem, a universal decentralized internet powered by blockchain technology and smart devices

Function X: A Concept Paper introducing the f(x) ecosystem, a universal decentralized internet powered by blockchain technology and smart devices

https://preview.redd.it/yylq6k0yqrv21.png?width=633&format=png&auto=webp&s=089ffe83e18baeceb87d465ca6fad184939490e4

Prologue

This is a Concept Paper written to introduce the Function X Ecosystem, which includes the XPhone. It also addresses the relationship between the XPOS and Function X.
Pundi X has always been a community-driven project. We have lived by the mission of making sure the community comes first and we are constantly learning from discussions and interactions on social media and in real-life meetings.
As with all discussions, there is always background noise but we have found gems in these community discussions. One such example is a question which we found constantly lingering at the back of our mind, “Has blockchain changed the world as the Internet did in the ’90s, and the automobile in the ‘20s?”. Many might argue that it has, given the rise of so many blockchain projects with vast potential in different dimensions (like ours, if we may add). But the question remains, “can blockchain ever become what the Internet, as we know it today, has to the world?”
Function X, a universal decentralized internet which is powered by blockchain technology and smart devices.
Over the past few months, in the process of implementing and deploying the XPOS solution, we believe we found the answer to the question. A nimble development team was set up to bring the answer to life. We discovered that it is indeed possible to bring blockchain to the world of telephony, data transmission, storage and other industries; a world far beyond financial transactions and transfers.
This is supported by end-user smart devices functioning as blockchain nodes. These devices include the XPOS and XPhone developed by Pundi X and will also include many other hardware devices manufactured by other original equipment manufacturers.
The vision we want to achieve for f(x) is to create a fully autonomous and decentralized network that does not rely on any individual, organization or structure.
Due to the nature of the many new concepts introduced within this Concept Paper, we have included a Q&A after each segment to facilitate your understanding. We will continuously update this paper to reflect the progress we’re making.

Function X: The Internet was just the beginning

The advent of the Internet has revolutionized the world. It created a communications layer so robust that it has resulted in TCP/IP becoming the network standard.
The Internet also created a wealth of information so disruptive that a company like Amazon threatened to wipe out all the traditional brick-and-mortar bookstores. These bookstores were forced to either adapt or perish. The same applies to the news publishing sector: the offerings of Google and Facebook have caused the near extinction of traditional newspapers.
The digitalization of the world with the Internet has enabled tech behemoths like Apple, Amazon, Google and Facebook to dominate and rule over traditional companies. The grip of these tech giants is so extensive that it makes you wonder if the choices you make are truly your own or influenced by the data they have on you as a user.
We see the blockchain revolution happening in three phases. The first was how Bitcoin showed the world what digital currency is. The second refers to how Ethereum has provided a platform to build decentralized assets easily. The clearest use case of that has come in the form of the thousands of altcoins seen today that we all are familiar with. The third phase is what many blockchain companies are trying to do now: 1) to bring the performance of blockchain to a whole new level (transaction speed, throughput, sharding, etc.) and 2) to change the course of traditional industries and platforms—including the Internet and user dynamics.
Public blockchains allow trustless transactions. If everything can be transacted on the blockchain in a decentralized manner, the information will flow more efficiently than traditional offerings, without the interception of intermediators. It will level the playing field and prevent data monopolization thus allowing small innovators to develop and flourish by leveraging the resources and data shared on the blockchain.

The Blockchain revolution will be the biggest digital revolution

In order to displace an incumbent technology with something new, we believe the change and improvement which the new technology has to bring will have to be at least a tenfold improvement on all aspects including speed, transparency, scalability and governance (consensus). We are excited to say that the time for this 10-times change is here. It’s time to take it up 10x with Function X.
Function X or f(x) is an ecosystem built entirely on and for the blockchain. Everything in f(x) (including the application source code, transmission protocol and hardware) is completely decentralized and secure. Every bit and byte in f(x) is part of the blockchain.
What we have developed is not just a public chain. It is a total decentralized solution. It consists of five core components: Function X Operating System (OS); Function X distributed ledger (Blockchain); Function X IPFS; FXTP Protocol and Function X Decentralized Docker. All five components serve a single purpose which is to decentralize all services, apps, websites, communications and, most importantly, data.
The purpose of Function X OS is to allow smart hardware and IoTs to harness the upside and potential utility of the decentralization approach. We have built an in-house solution for how mobile phones can leverage Function X OS in the form of the XPhone. Other companies can also employ the Function X OS and further customize it for their own smart devices. Every smart device in the Function X ecosystem can be a node and each will have its own address and private key, uniquely linked to their node names. The OS is based on the Android OS 9.0, therefore benefiting from backward compatibility with Android apps. The Function X OS supports Android apps and Google services (referred to as the traditional mode), as well as the newly developed decentralized services (referred to as the blockchain mode). Other XPhone features powered by the Function X OS will be elaborated on in the following sections.
Using the Function X Ecosystem (namely Function X FXTP), the transmission of data runs on a complex exchange of public and private key data and encryption but never through a centralized intermediary. Hence it guarantees communication without interception and gives users direct access to the data shared by others. Any information that is sent or transacted over the Function X Blockchain will also be recorded on the chain and fully protected by encryption so the ownesender has control over data sharing. And that is how a decentralized system for communications works.
For developers and users transitioning to the Function X platform, it will be a relatively seamless process. We have intentionally designed the process of creating and publishing new decentralized applications (DApps) on Function X to be easy, such that the knowledge and experience from developing and using Android will be transferable. With that in mind, a single line of code in most traditional apps can be modified, and developers can have their transmission protocol moved from the traditional HTTP mode (centralized) to a decentralized mode, thus making the transmission “ownerless” because data can transmit through the network of nodes without being blocked by third parties. How services can be ported easily or built from scratch as DApps will also be explained in the following sections, employing technologies in the Function X ecosystem (namely Function X IPFS, FXTP Protocol and Decentralized Docker).

f(x) Chain

f(x) chain is a set of consensus algorithms in the form of a distributed ledger, as part of the Function X ecosystem. The blockchain is the building block of our distributed ledger that stores and verifies transactions including financials, payments, communications (phone calls, file transfers, storage), services (DApps) and more.
Will Function X launch a mainnet?
Yes. The f(x) chain is a blockchain hence there will be a mainnet.
When will the testnet be launched?
Q2 2019 (projected).
When will the mainnet be launched?
Q3 2019 (projected).
How is the Function X blockchain designed?
The f(x) chain is designed based on the philosophy that any blockchain should be able to address real-life market demand of a constantly growing peer-to-peer network. It is a blockchain with high throughput achieved with a combination of decentralized hardware support (XPOS, XPhone, etc.) and open-source software toolkit enhancements.
What are the physical devices that will be connected to the Function X blockchain?
In due course, the XPOS OS will be replaced by the f(x) OS. On the other hand, the XPhone was designed with full f(x) OS integration in mind, from the ground up. After the f(x) OS onboarding, and with adequate stability testings and improvements, XPOS and XPhone will then be connected to the f(x) Chain.
What are the different elements of a block?
Anything that is transmittable over the distributed network can be stored in the block, including but not limited to phone call records, websites, data packets, source code, etc. It is worth noting that throughout these processes, all data is encrypted and only the owner of the private key has the right to decide how the data should be shared, stored, decrypted or even destroyed.
Which consensus mechanism is used?
Practical Byzantine Fault Tolerance (PBFT).
What are the other implementations of Practical Byzantine Fault Tolerance (PBFT)?
Flight systems that require very low latency. For example, SpaceX’s flight system, Dragon, uses PBFT design philosophy. [Appendix]
How do you create a much faster public chain?
We believe in achieving higher speed, thus hardware and software configurations matter. If your hardware is limited in numbers or processing power, this will limit the transaction speed which may pose security risks. The Ethereum network consists of about 25,000 nodes spread across the globe now, just two years after it was launched. Meanwhile, the Bitcoin network currently has around 7,000 nodes verifying the network. As for Pundi X, with the deployment plan (by us and our partners) for XPOS, XPhone and potentially other smart devices, we anticipate that we will be able to surpass the number of Bitcoin and Ethereum nodes within 1 to 2 years. There are also plans for a very competitive software implementation of our public blockchain, the details for which we will be sharing in the near future.

f(x) OS

The f(x) OS is an Android-modified operating system that is also blockchain-compatible. You can switch seamlessly between the blockchain and the traditional mode. In the blockchain mode, every bit and byte is fully decentralized including your calls, messages, browsers and apps. When in traditional mode, the f(x) OS supports all Android features.
Android is the most open and advanced operating system for smart hardware with over 2 billion monthly active users. Using Android also fits into our philosophy of being an OS/software designer and letting third-party hardware makers produce the hardware for the Function X Ecosystem.
What kind of open source will it be?
This has not been finalized, but the options we are currently considering are Apache or GNU GPLv3.
What kind of hardware will it work on?
The f(x) OS works on ARM architecture, hence it works on most smartphones, tablet computers, smart TVs, Android Auto and smartwatches in the market.
Will you build a new browser?
We are currently using a modified version of the Google Chrome browser. The browser supports both HTTP and FXTP, which means that apart from distributed FXTP contents, users can view traditional contents, such ashttps://www.google.com.
What is the Node Name System (NNS)?
A NNS is a distributed version of the traditional Domain Name System. A NNS allows every piece of Function X hardware, including the XPhone, to have a unique identity. This identity will be the unique identifier and can be called anything with digits and numbers, such as ‘JohnDoe2018’ or ‘AliceBob’. More on NNS in the following sections.
Will a third-party device running the f(x) OS be automatically connected to the f(x) blockchain?
Yes, third-party devices will be connected to the f(x) blockchain automatically.

f(x) FXTP

A transmission protocol defines the rules to allow information to be sent via a network. On the Internet, HTTP is a transmission protocol that governs how information such as website contents can be sent, received and displayed. FXTP is a transmission protocol for the decentralized network.
FXTP is different from HTTP because it is an end-to-end transmission whereby your data can be sent, received and displayed based on a consensus mechanism rather than a client-server based decision-making mechanism. In HTTP, the server (which is controlled by an entity) decides how and if the data is sent (or even monitored), whereas in FXTP, the data is sent out and propagates to the destination based on consensus.
HTTP functions as a request–response protocol in the client-server computing model. A web browser, for example, may be the client and an application running on a computer hosting a website may be the server. FXTP functions as a propagation protocol via a consensus model. A node that propagates the protocol and its packet content is both a “client” and a “server”, hence whether a packet reaches a destination is not determined by any intermediate party and this makes it more secure.

f(x) IPFS

IPFS is a protocol and network designed to store data in a distributed system. A person who wants to retrieve a file will call an identifier (hash) of the file, IPFS then combs through the other nodes and supplies the person with the file.
The file is stored on the IPFS network. If you run your own node, your file would be stored only on your node and available for the world to download. If someone else downloads it and seeds it, then the file will be stored on both your node the node of the individual who downloaded it (similar to BitTorrent).
IPFS is decentralized and more secure, which allows faster file and data transfer.

f(x) DDocker

Docker is computer program designed to make it easier to create, deploy, and run applications. Containers allow a developer to package up an application including libraries, and ship it all out as a package.
As the name suggests, Decentralized Docker is an open platform for developers to build, ship and run distributed applications. Developers will be able to store, deploy and run their codes remote in different locations and the codes are secure in a decentralized way.

XPhone

Beyond crypto: First true blockchain phone that is secured and decentralized to the core
XPhone is the world’s first blockchain phone which is designed with innovative features that are not found on other smartphones.
Powered by Function X, an ecosystem built entirely on and for the blockchain, XPhone runs on a new transmission protocol for the blockchain age. The innovation significantly expands the use of blockchain technology beyond financial transfers.
Unlike traditional phones which require a centralized service provider, XPhone runs independently without the need for that. Users can route phone calls and messages via blockchain nodes without the need for phone numbers.
Once the XPhone is registered on the network, for e.g., by a user named Pitt, if someone wants to access Pitt’s publicly shared data or content, that user can just enter FXTP://xxx.Pitt. This is similar to what we do for the traditional https:// protocol.
Whether Pitt is sharing photos, data, files or a website, they can be accessed through this path. And if Pitt’s friends would like to contact him, they can call, text or email his XPhone simply by entering “call.pitt”, “message.pitt”, or “mail.pitt”.
The transmission of data runs on a complex exchange of public and private key data with encryption. It can guarantee communication without interception and gives users direct access to the data shared by others. Any information that is sent or transacted over the Function X Blockchain will also be recorded on the chain.
Toggle between now and the future
Blockchain-based calling and messaging can be toggled on and off on the phone operating system which is built on Android 9.0. XPhone users can enjoy all the blockchain has to offer, as well as the traditional functionalities of an Android smartphone.
We’ll be sharing more about the availability of the XPhone and further applications of Function X in the near future.

DApps

DApps for mass adoption
So far the use of decentralized applications has been disappointing. But what if there was a straightforward way to bring popular, existing apps into a decentralized environment, without rebuilding everything? Until now, much of what we call peer-to-peer or ‘decentralized’ services continue to be built on centralized networks. We set out to change that with Function X; to disperse content now stored in the hands of the few, and to evolve services currently controlled by central parties.
Use Cases: Sharing economy
As seen from our ride-hailing DApp example that was demonstrated in New York back in November 2018, moving towards true decentralization empowers the providers of services and not the intermediaries. In the same way, the XPhone returns power to users over how their data is being shared and with whom. Function X will empower content creators to determine how their work is being displayed and used.
Use Cases: Free naming
One of the earliest alternative cryptocurrencies, Namecoin, wanted to use a blockchain to provide a name registration system, where users can register their names to create a unique identity. It is similar to the DNS system mapping to IP addresses. With the Node Name System (NNS) it is now possible to do this on the blockchain.
NNS is a distributed version of the traditional Domain Name System. A NNS allows every piece of Function X hardware, including the XPhone, to have a unique identifier that can be named anything with digits and numbers, such as ‘JohnDoe2018’ or ‘AliceBob’.
Use Cases: Mobile data currency
According to a study, mobile operator data revenues are estimated at over $600 billion USD by 2020, equivalent to $50 billion USD per month [appendix]. Assuming users are able to use services such as blockchain calls provided by XPhone (or other phones using Function X) the savings will be immense and the gain from profit can be passed on to providers such as DApp developers in Function X. In other words, instead of paying hefty bills to a mobile carrier for voice calls, users can pay less by making blockchain calls, and the fees paid are in f(x) coins. More importantly users will have complete privacy over their calls.
Use Cases: Decentralized file storage
Ethereum contracts claim to allow for the development of a decentralized file storage ecosystem, “where individual users can earn small quantities of money by renting out their own hard drives and unused space can be used to further drive down the costs of file storage.” However, they do not necessarily have the hardware to back this up. With the deployment of XPOS, smart hardware nodes and more, Function X is a natural fit for Decentralized File Storage. In fact, it is basically what f(x) IPFS is built for.
These are just four examples of the many use cases purported, and there can, will and should be more practical applications beyond these; we are right in the middle of uncharted territories.

Tokenomics

Decentralized and autonomous
The f(x) ecosystem is fully decentralized. It’s designed and built to run autonomously in perpetuity without the reliance or supervision of any individual or organization. To support this autonomous structure, f(x) Coin which is the underlying ‘currency’ within the f(x) ecosystem has to be decentralized in terms of its distribution, allocation, control, circulation and the way it’s being generated.
To get the structure of f(x) properly set up, the founding team will initially act as ‘initiators’ and ‘guardians’ of the ecosystem. The role of the team will be similar to being a gatekeeper to prevent any bad actors or stakeholders playing foul. At the same time, the team will facilitate good players to grow within the ecosystem. Once the f(x) ecosystem is up and running, the role of the founding team will be irrelevant and phased out. The long term intention of the team is to step away, allowing the ecosystem to run and flourish by itself.

Utility

In this section, we will explore the utility of the f(x) Coin. f(x) Coin is the native ‘currency’ of the Function X blockchain and ecosystem. All services rendered in the ecosystem will be processed, transacted with, or “fueled” by the f(x) Coin. Some of the proposed use cases include:
  • For service providers: Getting paid by developers, companies and consumers for providing storage nodes, DDocker and improvement of network connections. The role of service providers will be described in greater detail in the rest of the paper.
  • For consumers: Paying for service fees for the DApps, nodes, network resources, storage solutions and other services consumed within the f(x) ecosystem.
  • For developers: Paying for services and resources rendered in the ecosystem such as smart contract creation, file storage (paid to IPFS service provider), code hosting (paid to DDocker service provider), advertisements (paid to other developers) and design works. Developers can also get paid by enterprises or organizations that engaged in the developer’s services.
  • For enterprises or organizations: Paying for services provided by developers and advertisers. Services provided to consumers will be charged and denominated in f(x) Coin.
  • For phone and hardware manufacturers: Paying for further Function X OS customizations. It is worth noting that Pundi X Labs plan to only build a few thousand devices of the XPhone flagship handsets, and leave the subsequent market supply to be filled by third-party manufacturers using our operating system.
  • For financial institutions: receiving payments for financial services rendered in the ecosystem.
  • Applications requiring high throughput.
Hence f(x) Coin can be used as ‘currency’ for the below services,
  • In-app purchases
  • Blockchain calls
  • Smart contract creations
  • Transaction fees
  • Advertisements
  • Hosting fees
  • Borderless/cross-border transactions
We believe f(x) Coin utilization will be invariably higher than other coins in traditional chains due to the breadth of the f(x) ecosystem. This includes storage services and network resources on f(x) that will utilize the f(x) Coin as “fuel” for execution and validation of transactions.
Example 1: A developer creates a ride-hailing DApp called DUber.
DUber developer first uploads the image and data to IPFS (storage) and code to DDocker, respectively. The developer then pays for a decentralized code hosting service provided by the DDocker, and a decentralized file hosting service provided by the IPFS. Please note the storage hosting and code hosting services can be provided by a company, or by a savvy home user with smart nodes connected to the Function X ecosystem. Subsequently, a DUber user pays the developer.
Example 2: User Alice sends an imaginary token called ABCToken to Bob.
ABCToken is created using Function X smart contract. Smart nodes hosted at the home of Charlie help confirms the transaction, Charlie is paid by Alice (or both Alice and Bob).

The flow of f(x) Coin

Four main participants in f(x): Consumer (blue), Developer (blue), Infrastructure (blue), and Financial Service Provider (green)
Broadly speaking, there can be four main participants in the f(x) ecosystem, exhibited by the diagram above:
  • Consumer: Users enjoy the decentralized services available in the f(x) ecosystem
  • Infrastructure Service Provider: Providing infrastructures that make up the f(x) ecosystem such as those provided by mobile carriers, decentralized clouds services.
  • Developer: Building DApp on the f(x) network such as decentralized IT, hospitality and financial services apps.
  • Financial Service Provider: Providing liquidity for the f(x) Coin acting as an exchange.
The f(x) ecosystem’s value proposition:
  • Infrastructure service providers can offer similar services that they already are providing in other markets such as FXTP, DDocker and IPFS, to earn f(x) Coin.
  • Developers can modify their existing Android apps to be compatible with the f(x) OS environment effortlessly, and potentially earn f(x) Coin.
  • Developers, at the same time, also pay for the infrastructure services used for app creation.
  • Consumers immerse in the decentralized app environments and pay for services used in f(x) Coin.
  • Developer and infrastructure service providers can earn rewards in f(x) Coin by providing their services. They can also monetize it through a wide network of financial service providers to earn some profit, should they decide to do so.
Together, the four participants in this ecosystem will create a positive value flow. As the number of service providers grow, the quality of service will be enhanced, subsequently leading to more adoption. Similarly, more consumers means more value is added to the ecosystem by attracting more service providers,and creating f(x) Coin liquidity. Deep liquidity of f(x) Coin will attract more financial service providers to enhance the stability and quality of liquidity. This will attract more service providers to the ecosystem.
Figure: four main participants of the ecosystem The rationale behind f(x) Coin generation is the Proof of Service concept (PoS)
Service providers are crucial in the whole f(x) Ecosystem, the problem of motivation/facilitation has become our priority. We have to align our interests with theirs. Hence, we have set up a Tipping Jar (similar to mining) to motivate and facilitate the existing miners shift to the f(x) Ecosystem and become part of the infrastructure service provider or attract new players into our ecosystem. Income for service provider = Service fee (from payer) + Tipping (from f(x) network generation)
The idea is that the f(x) blockchain will generate a certain amount of f(x) Coin (diminishing annually) per second to different segments of service provider, such as in the 1st year, the f(x) blockchain will generate 3.5 f(x) Coin per second and it will be distributed among the infrastructure service provider through the Proof of Service concept. Every service provider such as infrastructure service providers, developers and financial service providers will receive a ‘certificate’ of Proof of Service in the blockchain after providing the service and redeeming the f(x) Coin.
Example: There are 3 IPFS providers in the market, and the total Tipping Jar for that specific period is 1 million f(x) Coin. Party A contributes 1 TB; Party B contributes 3 TB and Party C contributes 6 TB. So, Party A will earn 1/10 * 1 million = 100k f(x) Coin; Party B will earn 3/10 * 1 million = 300k f(x) Coin. Party C will earn 6/10 * 1 million = 600k f(x) Coin.
Note: The computation method of the distribution of the Tipping Jar might vary due to the differences in the nature of the service, period and party.
Figure: Circulation flow of f(x) Coin
The theory behind the computation.
Blockchain has integrated almost everything, such as storage, scripts, nodes and communication. This requires a large amount of bandwidth and computation resources which affects the transaction speed and concurrency metric.
In order to do achieve the goal of being scalable with high transaction speed, the f(x) blockchain has shifted out all the ‘bulky’ and ‘heavy duty’ functions onto other service providers, such as IPFS, FXTP, etc. We leave alone what blockchain technology does best: Calibration. Thus, the role of the Tipping Jar is to distribute the appropriate tokens to all participants.
Projected f(x) Coin distribution per second in the first year
According to Moore’s Law, the number of transistors in a densely integrated circuit doubles about every 18 -24 months. Thus, the performance of hardware doubles every 18-24 months. Taking into consideration Moore’s Law, Eric Schmidt said if you maintain the same hardware specs, the earnings will be cut in half after 18-24 months. Therefore, the normal Tipping Jar (reward) for an infrastructure service provider will decrease 50% every 18 months. In order to encourage infrastructure service providers to upgrade their hardware, we have set up another iteration and innovation contribution pool (which is worth of 50% of the normal Tipping Jar on the corresponding phase) to encourage the infrastructure service provider to embrace new technology.
According to the Andy-Bill’s law, “What Andy gives, Bill takes away”; software will always nibble away the extra performance of the hardware. The more performance a piece of hardware delivers, the more the software consumes. Thus, the developer will always follow the trend to maintain and provide high-quality service. The Tipping Jar will increase by 50% (based upon the previous quota) every 18 months.
Financial service providers will have to support the liquidation of the whole ecosystem along the journey, the Tipping Jar (FaaS) will increase by 50% by recognizing the contribution and encouraging innovation.
From the 13th year (9th phase), the Tipping Jar will reduce by 50% every 18 months. We are well aware that the “cliff drop” after the 12th year is significant. Hence, we have created a 3year (two-phase) diminishing transition period. The duration of each phase is 18 months. There are 10 phases in total which will last for a total of 15 years.
According to Gartner’s report, the blockchain industry is forecast to reach a market cap of
3.1 trillion USD in 2030. Hence, we believe a Tipping Jar of 15 years will allow the growth of Function X into the “mature life cycle” of the blockchain industry.

f(x) Coin / Token Allocation

Token allocation We believe great blockchain projects attempt to equitably balance the interests of different segments of the community. We hope to motivate and incentivize token holders by allocating a total of 65% of tokens from the Token Generation Event (TGE). Another 20% is allocated to the Ecosystem Genesis Fund for developer partnerships, exchanges and other such related purposes. The remaining 15% will go to engineering, product development and marketing. There will be no public or private sales for f(x) tokens.
NPXS / NPXSXEM is used to make crypto payments as easy as buying bottled water, while f(x) is used for the operation of a decentralized ecosystem and blockchain, consisting of DApps and other services. NPXS / NPXSXEM will continue to have the same functionality and purpose after the migration to the Function X blockchain in the future. Therefore, each token will be expected to assume different fundamental roles and grant different rights to the holders.
https://preview.redd.it/xohy6c6pprv21.png?width=509&format=png&auto=webp&s=a2c0bd0034805c5f055c3fea4bd3ba48eb59ff07
65% of allocation for NPXS / NPXSXEM holders is broken down into the following: 15% is used for staking (see below) 45% is used for conversion to f(x) tokens. (see below) 5% is used for extra bonus tasks over 12 months (allocation TBD).

https://preview.redd.it/6jmpfhmxprv21.png?width=481&format=png&auto=webp&s=c9eb2c124e0181c0851b7495028a317b5c9cd6b7
https://preview.redd.it/1pjcycv0qrv21.png?width=478&format=png&auto=webp&s=c529d5d99d760281efd0c3229edac494d5ed7750
Remarks All NPXS / NPXSXEM tokens that are converted will be removed from the total supply of NPXS / NPXSXEM; Pundi X will not convert company's NPXS for f(x) Tokens. This allocation is designed for NPXS/NPXSXEM long term holders. NPXS / NPXSXEM tokens that are converted will also be entitled to the 15% f(x) Token distribution right after the conversion.

Usage

Management of the Ecosystem Genesis Fund (EGF)
The purpose of setting up the Ecosystem Initialization Fund, is to motivate, encourage and facilitate service providers to join and root into the f(x) Ecosystem and, at the same time, to attract seed consumers to enrich and enlarge the f(x) Ecosystem. EIF comes from funds raised and will be used as a bootstrap mechanism to encourage adoption before the Tipping Jar incentives fully kicks in.
The EGF is divided into 5 parts:
  1. Consumer (10%): To attract consumers and enlarge the customer base;
  2. Developer (20%): To encourage developers to create DApps on the f(x) blockchain;
  3. Infrastructure Service Provider (20%): To set up or shift to the f(x) infrastructure;
  4. Financial Service Provider (20%): To create a trading platform for f(x) Coin and increase liquidity; and
  5. Emergency bridge reserve (30%): To facilitate or help the stakeholders in f(x) during extreme market condition
To implement the spirit of decentralization and fairness, the EGF will be managed by a consensus-based committee, called the f(x) Open Market Committee (FOMC).

Summary

Time moves fast in the technology world and even faster in the blockchain space. Pundi X’s journey started in October 2017, slightly over a year ago, and we have been operating at a lightning pace ever since, making progress that can only be measured in leaps and bounds. We started as a blockchain payment solution provider and have evolved into a blockchain service provider to make blockchain technology more accessible to the general public, thereby improving your everyday life.
The creation of Function X was driven by the need to create a better suited platform for our blockchain point-of sale network and through that process, the capabilities of Function X have allowed us to extend blockchain usage beyond finance applications like payment solutions and cryptocurrency.
The complete decentralized ecosystem of Function X will change and benefit organizations, developers, governments and most importantly, society as a whole.
The XPhone prototype which we have created is just the start to give everyone a taste of the power of Function X on how you can benefit from a truly decentralized environment. We envision a future where the XPOS, XPhone and other Function X-enabled devices work hand-in-hand to make the decentralized autonomous ecosystem a reality.
You may wonder how are we able to create such an extensive ecosystem within a short span of time? We are fortunate that in today’s open source and sharing economy, we are able to tap onto the already established protocols (such as Consensus algorithm, FXTP, etc), software (like Android, IPFS, PBFT, Dockers, etc.) and hardware (design knowledge from existing experts) which were developed by selfless generous creators. Function X puts together, aggregates and streamlines all the benefits and good of these different elements and make them work better and seamlessly on the blockchain. And we will pay it forward by making Function X as open and as decentralized as possible so that others may also use Function X to create bigger and better projects.
To bring Function X to full fruition, we will continue to operate in a transparent and collaborative way. Our community will continue to be a key pillar for us and be even more vital as we get Function X up and running. As a community member, you will have an early access to the Function X ecosystem through the f(x) token conversion.
We hope you continue to show your support as we are working hard to disrupt the space and re-engineer this decentralized world.

Reference

Practical Byzantine Fault Tolerance
http://pmg.csail.mit.edu/papers/osdi99.pdf
Byzantine General Problem technical paper
https://web.archive.org/web/20170205142845/http://lamport.azurewebsites.net/pubs/byz.pdf
Global mobile data revenues to reach $630 billion by 2020
https://www.parksassociates.com/blog/article/pr-07112016
NPXSXEM token supply
https://medium.com/pundix/a-closer-look-at-npxsxem-token-supply-843598d0e7b6
NPXS circulating token supply and strategic purchaser
https://medium.com/pundix/total-token-supply-and-strategic-investors-b41717021583
[total supply might differ from time to time due to token taken out of total supply aka “burn”]
ELC: SpaceX lessons learned (PBFT mentioned) https://lwn.net/Articles/540368/

Full: https://functionx.io/assets/file/Function_X_Concept_Paper_v2.0.pdf
submitted by crypt0hodl1 to PundiX [link] [comments]

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