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CryptoCurrencies

We're Crypto Reddit's Fiji water in a desert of censorship and agendas. Arguably Reddit's best source for uncensored cryptocurrency news, technicals, education, memes and so more!
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CoinRollHunting: the hobby of searching change pulled from circulation for collectible coins

This subreddit is a redirect to the /CRH subreddit.
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Proof-of-Work vs Proof-of-Stake algorithms and why PYRK uses PoW

Proof-of-Work vs Proof-of-Stake algorithms and why PYRK uses PoW
Hello, community! 👋🏻 In this post, we will tell you about Proof-of-Work and Proof-of-Stake algorithms and why PYRK uses PoW.
🔗 A large part of 2019 was discussed in the discussion of the pricing of the key digital assets, which slightly increased, slightly higher than before. 2020 began with the confirmation of the bullish trend, taking into account the increase in bitcoin in January at Z0%. At the same time, the process between Proof-of-Work and Proof-of-Stake (proof of share) did not complete. Emotional gain increased by the approximation of the Ethereum switch from the PoW protocol to the PoS protocol.
🔗 Coins with PoW support are mined in the sector, having a colossal share of 82.92% and a cumulative market capitalization of about $ 213, 5 billion. The predominance of market capitalization on PoW is ensured by the fact that the bitcoin dodu accounts for 65% of the total market capitalization of crypto assets. Its main advantages of PoW are protection against DoS attacks and the low impact of the miner’s cryptocurrency share on mining opportunities.
🏆 PYRK Proof-of-Work triple algorithm
✅ Since PoW is still the preferred mining consensus mechanism, PYRK proposes to take a multiple algorithm approach. Instead of trying to use algorithms which are ASIC resistant, we propose to use algorithms which have had ASIC miners for quite some time. These are: SHA256, Scrypt, and X11.
✅ Since these miners are already in wide use, the distribution of mining should be fair and even. Furthermore, the use of three different algorithms results in a far less chance of any single person gaining a majority hash rate share. Lastly, we use the Multishield difficulty adjustment algorithm to prevent difficulty spike issues resulting from burst mining.
✅ The idea of multi-algorithm originated in Digibyte. Splitting the mining into three different algorithms effectively splits the amount of work performed by each algorithm to 33% of the total network hashrate. This means that any pool or miner mining can only achieve 33% of the total hashrate even if they are mining 100% of the hash rate of a single algorithm. It is an exceedingly unlikely case that a single miner attains 100% of the hash rate of a single algorithm, especially as the number of miners and pools grow with the network. The triple algorithm approach helps to further protect the network from bad actors while also providing the preferred Proof-of-Work mechanism.
Read more about PYRK project and its Proof-of-Work triple algorithm in our Whitepaper: https://www.pyrk.org/Pyrk-Whitepaper.pdf
And on our website: https://www.pyrk.org
https://preview.redd.it/jmkjz2am47051.png?width=1200&format=png&auto=webp&s=8c4080d36769f7a953fdb436510e97b646e78d1d
submitted by VS_community to pyrk [link] [comments]

Summary of Ryan Taylor's economics AMA

Ryan Taylor recently conducted an AMA (ask me anything) discussing the economics of reallocating Dash's block reward. The topic followed up on his "Improving Dash as a Store of Value" presentation from the 2019 open house. I've categorized and summarized his responses:
Objective: reduce the severity and duration of high inflation rates in our circulating supply
Implement joint masternode shares rather than a new proof of stake system
Increase masternode and treasury share of block reward, reduce mining share
Keep X11 mining for now, ensure Dash dominates X11 hashing by 10x
Block subsidy belongs to the network, to be used for all needs, not just mining
Commentary on masternode ROI, plans to conduct and release supporting analyses
Timing: discuss now, detailed proposals starting as early as next month
submitted by ISkiAtAlta to dashpay [link] [comments]

Litecoin Support Phone Number +1(855)3008358 (Toll-Free Number)

Litecoin was released in October 2011 in the form of a client with an open source code on the Internet hosting GitHub by Charles Lee, a former Google employee. The crypto currency works according to the MIT/X11 license, which allows anybody to execute, modify and copy software as well as to distribute any modified copies. It was a fork of the Bitcoin-Qt client, differing primarily by having a decreased block generation time, increased maximum number of coins, different hashing algorithm, and a slightly modified GUI.
The Litecoin exchange rate gave a jump in November 2013: the capitalization of crypto currency exceeded 1 billion dollars.

Advantages and Disadvantages of Litecoin

Advantages


Disadvantages


Litecoin

Litecoin (LTC) is a decentralized cryptocurrency, a fork of Bitcoin intended by its designers to be more feasibly mined using consumer-grade hardware. Litecoin is a peer-to-peer crypto currency that was developed on the base of Bitcoin and has an open source code. Unlike Bitcoin, the Litecoin blockchain is able to process a greater number of transactions.
The creator of Litecoin – Charlie Lee, a former employee of Google – took the Bitcoin source code as a basis and created a crypto currency that needs 2.5 minutes to generate a block – this is 4 times faster than Bitcoin.The full emission of Litecoin makes out 84 million coins, which is also 4 times more than of Bitcoin. The start reward for a block made out 50 Litecoins, and now it is 25 Litecoins.

Features of Litecoin


Some common issues of Litecoin, We fix-


You can contact us for your queries and problems you faced during using litecoin on toll-free number : +1(855)-300-8358
submitted by PrettyEducation4 to u/PrettyEducation4 [link] [comments]

Why do we sit back and allow Localbitcoins to have such domination in VZ? : )

https://coin.dance/volume/localbitcoins/VES/BTC
Localbitcoins competes in: the non-ID required exchange segment of the market
(though in 2018, ID verification is required to post an advertisement " To create advertisements, you have to complete identity verification with LocalBitcoins.com. Proceed to verify your identity ", and as well for large traders it has been reported that ID is also now required. So it can be said it's failing to even stay in this market-segment now!!).

-Is it because so many Bitcoin miners in the country? Can we persuade them to buy x11 mining equipment and switch to mining Dash?
submitted by T_Heights to dashpay [link] [comments]

SGAT NEWS 10 JULY 2018

SGAT NEWS 10 JULY 2018
https://preview.redd.it/ym1u8vrwx4911.png?width=166&format=png&auto=webp&s=e3db493fd6a2933ec4e2a5362d31e9e2fe28e847
https://preview.redd.it/debe2gxxx4911.png?width=866&format=png&auto=webp&s=2d650b9f01bac89a24ccfb7b0de2cd1667811e30
WHAT IS SGAT ?
SGAT OFFERS AN ONLINE, USER-FRIENDLY AND EVOLUTIVE ENVIRONMENT ENSURING TRUST BETWEEN PARTIES INVOLVED IN AN AGREEMENT VIA LEGALLY, CERTIFIED & TAILOR-MADE SMART-CONTRACTS SERVICES & APPLICATIONS
1. VALID & ENFORCEABLE SMART-CONTRACTS
  • SGAT smart-contracts certify enforceability;
  • are entrusted in a private entity and private servers;
  • benefit from the prerogatives of blockchain technology;
  • predefined and customable smart-contracts templates;
  • have a potential no-limit adaptability to all sectors.
2. A USER-FRIENDLY ENVIRONMENT
  • a unique and new smart-contracts environment;
  • remote from the blockchain but certified by it;
  • focused on confidentiality – CryptoNote protocol-based blockchain;
  • ergonomic and intuitive ecosystem via SGAT web application;
  • smart-contracts applications & tailor-made services.
THE MISSING CHAIN BETWEEN WHAT BLOCKCHAIN ASPIRES TO AND THE LEGAL REALITY OF THE WORLD OF TODAY
The most important promise of blockchain is probably bringing confidence, but the world is full of legal constraints. Society collapses under the weight of regulatory constraints; global legal pressure brings even greater challenges and increasingly complicated contracts.
Current smarts contracts do not promise any possibility of anonymity and are reserved for developers and not applicable in the business industry.
SGAT bridges this gap offering legally valid and enforceable smart-contacts, combined with an anonymous, secured and efficient blockchain and an evolutive ecosystem.
DEVELOPMENT ROADMAP
What has been done since the project launch and where do they stand today ?
First step of the project was the creation, development and launch of SGAT blockchain, starting from the code of Monero blockchain, which is also based on the CryptoNote protocol.
As a reminder, CryptoNote is the protocol/technology running Monero blockchain for example, while CryptoNight is the hash algorithm used by CryptoNote (the way data is cut, exchanged and verified). For Bitcoin it is the algorithm SHA256, Scrypt for Litecoin, X11 for Dash or Ethhash/Dagger-hashimoto for Ethereum.
In order to fully control their blockchain and technology, it was decided not to simply fork the Monero project but to generate their own block genesis.
But what is a fork?
A fork or branch is the fact of taking two directions, creating a new software from the source code of an existing software. Two main reasons can give origin to a fork:
  1. a divergence of views and objectives related to the project by the developers;
  2. a personal conflict within the company that created the software.
Moreover, since making such modifications requires software’s rights to allow it, forks are generally performed on free software, which is the case of the majority of crypto-currencies.
Phase 1: testnet blockchain
Their first big challenge: taking Monero’s blockchain code by creating a copy from their Github, the website where the code is hosted, to rework it from the beginning to generate their own genesis block (block number 0).
It was necessary to recreate such block in order to take into account the specific parameters of SGAT blockchain. For example, the maximum emission of SGAT units, emission speed of the blocks or emission curve. This would not have been possible with a simple fork from Monero.
What also took them weeks of work: retaking every "commits" – modifications, updates or editions of Monero code from very first release – made by the developers who contributed to the Monero project since the beginning (around 150 to 200 commits…), in order to analyse, understand and assimilate code evolution and blockchain mechanisms changes or implements.
Phase 2: mainnet SGAT blockchain
Once the code reworked, they started the test phases on a blockchain test (testnet):
  • blockchain mining;
  • rewards and costs;
  • transfer between wallets.
Once this phase completed, on May 25th around 8pm Paris time, the mainnet SGAT blockchain was started and the first nodes (computers running the blockchain) beginning mining. At the moment, the mining is made in private in the scope of the pre-ICO currently live and the ICO that will be launched early Q4 2018.
A private mining allows them to:
  • exclusively mine SGAT tokens as part of the ICO;
  • prepare the various users’ wallets;
  • work on synchronization and compatibility with their web application.
Once the ICO finished, IP addresses of the seeds (i.e. the first machines that started our blockchain) will be revealed by the team. This will allow SGAT users and community to :
  • connect to SGAT blockchain;
  • generate wallets;
  • confirm transactions (mining) via the daemon software that will be published.
Phase 3: SGAT web application
On July 6th, the first version -beta test/demo- of SGAT web application was released : https://app.sgat-technologies.com/dashboard.
It includes SGAT Explorer, the search and consultation website for SGAT blockchain. It allows anyone to consult the complete, in real time, history and records of every transactions performed on SGAT blockchain from the genesis block : mining transactions, tokens emission and rewards, hashrate, etc...
SGAT team performed days to run all unit and functional tests on the web application as well as fully analysing their code. These tests simulate all the possible actions of tool – from A to Z – so that the web application is as stable as possible to ensure the proper operation of SGAT servers, of the various controllers and API routes.
Phase 4 and beyond: what is coming !?!
The development of SGAT smart-contract MVP (Minimum Viable Product) started immediately after the release of the web application. SGAT plans releasing a demo-tool of their smart-contract services allowing SGAT users to test a few use cases ;
The team is also constantly working on correcting various bugs on the website, whether in terms of translations or transaction management and of the whole platform. New languages are being added to SGAT website as well as to their White Paper.
The ICO is planned to be launched with a working MVP, currently scheduled early Q4 2018 (SeptembeOctober). SGAT smart-contracts service naturally requires a lot of development work, but it also requires a lot of legal work to ensure the validity of the smart-contracts and their enforceability. SGAT smart-contracts services will produce legally valid contracts offering trust, security and efficiency. This will obviously ensure a massive adoption of this technology of the future and the prosperity of SGAT !
  1. Connecting SGAT web application with SGAT platform authentication system;
  2. Synchronizing and centralizing every transfers, rewards (bounty program and partners) within SGAT web application;
  3. Starting mobile development through SGAT application.
    Visit the FAQ available on SGAT website for further details on the project and the ICO: https://www.sgat-technologies.com/en/faq/
SGAT Contact : [[email protected]](mailto:[email protected])
Ø Telegram : https://www.t.me/sgatcoin/
Ø BitcoinTalk : https://bitcointalk.org/index.php?topic=4421668.0
Ø Twitter : https://twitter.com/Sgatcoin
Ø Youtube Channel : https://www.youtube.com/channel/UCItt9quglfpwvEi-mCenBqQ
Ø Reddit : https://www.reddit.com/SGAT/
Ø Github : https://github.com/sgat-technologies/sgat
Ø Medium : https://medium.com/@sgatcoin
Ø Instagram : https://www.instagram.com/sgatcoin/
Ø Facebook : https://www.facebook.com/Sgatcoin/
Ø LinkedIn : https://www.linkedin.com/company/sgat-technologies
submitted by thomassgat to SGAT [link] [comments]

WolfpackBOT - The world's fastest and most secure trading bot

WolfpackBOT - The world's fastest and most secure trading bot

https://preview.redd.it/b2ffej55zfd21.png?width=768&format=png&auto=webp&s=196c912c5d4250be54d647648613545f74faec7d

INTRODUCTION

According to wikipedia, Blockchain is originally known as bloc chain, It is a growing list of records known as blocks which is linked using cryptography, each of these blocks contain a cryptographic hash of the initial block, a transaction data and a time stamp.
Since its emergence in the year 2008, when Nakamoto satoshi discovered and introduced bitcoin, there has been serious efforts to integrate the blockchain technology into several aspects of various process of global business , The blockchain technology has been described as having the potential to disrupt many industries with immutability, low-cost transaction, and enhanced maximum security. So many other blockchain implementations have been deployed and developed with unique features designed to specific use-cases.
The blockchain technology has made possible to issue assets through a distributed ledger framework. With cryptocurrency tokens, Assets can be given economic value in order to validate and initiate transactional processes.

ADVANTAGES OF BLOCKCHAIN:

  1. Decentralised payment processing,
  2. Creating an immutable system of recording,
  3. Reducing Cost of Transaction and
  4. Enhanced Security.
  5. Now that we have reminded ourselves of what blockchain technology is, let’s look into the subject matter.

ABOUT WolfpackBOT

WolfpackBOT is a highly advanced cryptocurrency trading software that allows for the execution of trades at lightning speed using proprietary trading algorithms, proprietary “Werewolf” Trading Analysis configurations, or user customized settings based on personal trading style. WolfpackBOT also allows for simultaneous trading access to all compatible cryptocurrency exchanges that are available to the bot, and all trading pairs with the WerewolfBOT subscription package.
WolfpackBOT is introducing an industry first, a beautiful automated cryptocurrency trading console: The WolfBOX. This efficient and sleek piece of hardware will conveniently allow for the full utilization of a bot subscription without the need for a VPS or dedicated computer. The WolfBOX will also include a built-in secure Hardware Wallet and RFID card reader to optimize ease-of-use and functionality.
WolfpackBOT trading software is enabled with limit, market, and “Wolf Trade” orders on all trading candles, including one-minute candles, with the widest array of technical trading indicators available on the market. WolfpackBOT's proprietary “Wolf Trade” orders provide superior market sell orders with a bite! WolfpackBOT is the only trading bot to feature live price scanning on your positions and also handles partial fills with ease, meaning you don’t miss out on orders. WolfpackBOT is incredibly fast and can fulfill up to 10,000 trades per day depending on market conditions and subscription package.
WolfpackBOT allows simultaneous trading access to all cryptocurrency exchanges that are available to the bot, and all trading pairs through the WerewolfBOT subscription plan. Not only do inferior bots allow limited access to one exchange and one trading pair per bot, they also store your API keys remotely on servers which are potentially susceptible to hacks and pump and dump attacks. User security and API key protection holds a high priority within the WolfpackBOT framework which is why it is the only trading bot that gives users full control with local management of their API keys.
Masternode and Proof of Work X11 Blockchain
Wolfcoin Blockchain with X11 Proof of Work Mining and Masternode Reward Systems The Wolfcoin blockchain and network are both designed and engineered to ensure store of value, transactional speed and security, and fungibility. The main goal of the Wolfcoin blockchain is to facilitate fast and secure transactions with a governance that helps sustain the network for the benefit of all users. The Wolfcoin blockchain is a two-tier network comprised of a Proof of Work (PoW) consensus mechanism powered by miners and a Proof of Service (PoSe) system powered by masternodes.
The Wolfcoin blockchain is secured through Proof of Work (PoW) in which miners attempt to solve difficult problems with specialized computers. When a problem is solved, the miner receives the right to add a new block to the blockchain. If the problem was solved correctly, the miner is rewarded once the block is added.
The second tier, which is powered by masternodes, enables Wolfcoin to facilitate private and instant transactions with Private Send and Instant Send. Masternodes are also rewarded when miners discover new blocks.
The block reward is distributed with 80% going to the masternodes and 20% going to miners. The masternode system is referred to as Proof of Service (PoSe), since the masternodes provide crucial services that support the features of the network.
Masternodes also oversee the network and have the power to reject improperly formed blocks from miners. If a miner tried to take the entire block reward for themselves, the masternode network would orphan the block ensuring that it would not be added to the blockchain.
In short, miners power the first tier, which is the basic sending and receiving of funds and prevention of double spending. Masternodes power the second tier, which provide the added features that make Wolfcoin different from other cryptocurrencies. Masternodes do not mine, and mining computers cannot serve as masternodes.
Additionally, each masternode is “secured” by 10,000 WOLF. Those WOLF remain under the sole control of their owner at all times. The funds are not locked in any way; however, if enough of the funds are moved or spent to cause the user’s holdings to drop below 10,000 Wolfcoin, the associated masternode will go offline and stop receiving rewards.
By pre-ordering your WolfpackBOT subscription, you will also receive Wolfcoin as a reward that can be utilized in the following ways:
  • Redeemable for WolfpackBOT subscriptions
  • Redeemable for the WolfBOX Console
  • Redeemable for WolfpackBOT and Wolfcoin apparel and merchandise
  • Fungible utility that can be exchanged for like value on exchanges
When you hold at least 10,000 Wolfcoin in your Wolfcoin wallet connected to a static IP address, you will become a masternode, meaning you will have a chance to receive 80 percent of the block reward every sixty seconds.

THE FEATURES

WolfpackBOT Automated Trading Software:

After the crowdsale, Wolfcoin will be the exclusive method of payment for WolfpackBOT Automated Trading Software subscriptions.

Multiple Technical Analysis Indicators:

WolfpackBOT offers the widest array of multiple Technical Analysis indicators, oscillators, configurations and settings available in the world of Automated Cryptocurrency Trading Bots. WolfpackBOT provides Bollinger Bands, Double EMA, Elliot Wave, EMA, EMA Cross, Fibonacci Sequence, KAMA, MA Cross, MACD, RSI, SMA, Stochastic, Stochastic RSI, Triple EMA, and many more!

Shorting Features:

WolfpackBOT includes Cryptocurrency Shorting Features that allow users to short their positions and buy them back at the lower price to maximize their returns.

Copyrighted Crash Protection:

Crash Protection, one of WolfpackBOT's most advanced features, enables users the option to automatically scan and convert all positions to a stable coin at the sign of our proprietary Hidden Bear Divergence Indicator, and then buy back into base currency to resume trading at the sign of our proprietary Hidden Bull Divergence Indicator.

Language Translator:

WolfpackBOT has a built in Language Translator that instantly translates the entire BOT into Dutch, English, French, German, or Spanish.

All Trading Pairs on all available Exchanges:

WolfpackBOT allows our customers to simultaneously trade on multiple cryptocurrency exchanges, and with all the exchange’s trading pairs available for trading. The best part is that it’s all possible on one bot with one subscription to the WerewolfBOT package!

Coin Selector:

While other automated trading platforms only allow for a limited amount of coins per subscription, WolfpackBOT allows all trading pairs and all coins to be traded on all the available major exchanges with the WerewolfBOT subscription. WolfpackBOT's proprietary Coin Selector allows for users to choose whether to trade all cryptocurrencies or blacklist some, thus not trading them at all, as well as search for the highest volume, greatest performing, or a specific volatility range of coins for a given timeframe.

Werewolf Configurations and Settings:

Werewolf Configurations and Settings are copyrighted trading algorithms that use proprietary optimum settings for trading: the perfect configuration for experienced and inexperienced traders alike. These settings can be adjusted to the current market trend, with preset configurations for bear, sideways, and bull markets.

Werewolf Ultimate:

Werewolf Ultimate is the ultimate choice when trading. It doesn't trade a particular trading pair or particular coins, it trades them all. It goes in for the kill to increase the potential returns. Crash Protection is a built-in feature in Werewolf Ultimate.

Werewolf Bull Market:

Werewolf Bull Market are preset settings and configurations that are usable when your Base Trading Pair is in a Bull Run. Werewolf Bull Market settings are optimized for such conditions and should only be used in a Bull Run Market.

Werewolf Sideways Market:

Werewolf Sideways Market are preset settings and configurations that are usable when your Base Trading Pair is trading sideways. Werewolf Sideways Market settings are optimized for such conditions and should only be used in a Sideways Trading Market.

Werewolf Bear Market:

Werewolf Bear Market are preset settings and configurations that are usable when your Base Trading Pair is in a Bear Run. Werewolf Bear Market settings are optimized for such conditions and should only be used in a Bear Run Market.

The WolfBOX Hardware Console:

WolfpackBOT also offers an industry first: a beautiful hardware console, The WolfBOX. Our console comes preloaded with WolfpackBOT Automated Trading Software and also includes a built-in secure hardware wallet. Some of the key features of the WolfBOX include our high-speed CPU, solid-state hard drive, built-in RFID card reader, and integrated Bitpay and Coinbase wallets.

Wolfpack Consulting

Our company offers its services and expertise as Cryptocurrency and Blockchain Specialists to individuals and companies. We offer consulting services in the fields of blockchain and cryptocurrency development and management.

Wolfpack Philanthropy

We are dedicated to the proposition that we have a responsibility to use a portion of our company’s revenue to help create a better world and a brighter future. As we move forward, our philanthropic efforts include environmental stewardship, renewable energy, human rights, economic development, as well as animal and wildlife rescue and conservation with an emphasis on dogs and wolves.

Wolfcoin Information

THE WOLFCOIN Wolfcoin is the coin that fuels all WolfpackBOT's projects.
This utility, coupled with the reward systems with mining and Masternoding capabilities, makes the use of Wolfcoin potentially appealing to all WolfpackBOT users whom are interested in receiving additional Wolfcoin for subscriptions, merchandise and other rewards such as passive cryptocurrency portfolio growth.
THE WOLFCOIN WALLET WolfpackBOT uses our proprietary Wolfcoin Core QT wallet.
February 2018 Conceptual development of WolfpackBOT Software
May 2018 Company Roadmap development Alpha models of WolfpackBOT Software
June 2018 Ongoing research, development, and testing
October 2018 Advertising and Marketing Campaign Starts Wallets available for payment; BTC, BTG, DASH, DOGE, ETC, ETH, LTC October 15 - Pre-registration begins
November 2018 November 1 - Crowdsale Stage I begins
December 2018 Official presentation of WolfpackBOT beta Software Preview Creation of Wolfcoin (WOLF: 300,000,000 coins pre-mined on Genesis Block) WolfpackBOT beta Software release to selected customers
December 21 - Launch network and mine Genesis block
December 22 - PoW / Mainnet
December 23 - Blockchain and network testing
December 28 - Iquidis Wolfcoin Block Explorer released on our website
January 2019 January 1 - Wolfcoin Core wallets available for download on the website January 1 - Wallet and Masternode Tutorial available January 1 - Masternode and PoW instructional videos available January 1 - Subscription Pre-order Coin Rewards disbursed Announcement listing WOLF on top-10 Exchange
February 2019 February 1 - Crowdsale Stage I Ends February 1 - Crowdsale Stage II Begins
March 2019 March 15 - Crowdsale Stage II Ends March 15 - Crowdsale Stage III Begins WolfpackBOT Software roll-out to contributors WolfBOX Console available for Pre-order
April 2019 WolfpackBOT Subscriptions available for customers First Major version released: automated, manual, and paper trading WolfpackBOT Live support center April 30 - Crowdsale Stage III Ends
May 2019 WolfBOX Consoles Pre-orders first shipment
June 2019 New trading features such as new exchanges, strategy options and indicators
July 2019 New trading features such as new exchanges, strategy options or indicators
August 2019 WolfpackBOT Software Trading Platform V2.0 Second major release: Strategy Marketplace and Back-testing
September 2019 New trading features such as new exchanges, strategy options or indicators
October 2019 WolfpackBOT Software Trading Platform V3.0 Third major release: Signals Marketplace (Supporting 3rd Party App Signals) Mobile Application for WolfpackBOT Software and Trading Platform
November 2019 New trading features such as new exchanges, strategy options or indicator
December 2019 WolfpackBOT Software Trading Platform V4.0
January 2020 WolfpackBOT Software Trading Platform V5.0 Fourth major release: Machine Learning Strategy Optimization

THE AMAZING TEAM

Philip Longhurst Chief Executive Officer The leader of our pack and the man behind the WolfpackBOT trading bot, Philip Longhurst is a mathematical genius, engineer, day trader, and animal rescuer. As an account manager for J.P. Morgan and MBNA Bank, Phil managed the accounts of several high-profile clients and businesses. He has been successfully trading stocks for over twenty-five years and has successfully applied his trading expertise and mathematical acumen to the cryptocurrency market since 2013.
Philip holds bachelor's degrees in mechanical engineering and business administration and is a loving husband, father, and family man who has been rescuing dogs since 1995. His driving desire is to use the success of Wolfpack Group to create a brighter future for humanity. He currently resides in the United States of America with his wife, daughter, and dogs.
Rogier Pointl Chief Financial Officer Rogier Pointl is a successful entrepreneur with nearly twenty-five years of experience in business management, marketing, financial administration, economics, and fintech. Rogier holds bachelor's degrees in Business Communications and Financial Administration. He is a pioneer in the field of virtual reality, having served as CEO and owner of Simworld, the first virtual reality racing center in Europe, where he oversaw the development of advanced simulator and virtual reality hardware and software.
Rogier is an experienced trader and has been trading stocks since 2007. He began applying his expertise to the cryptocurrency market in 2010, gaining experience as a Bitcoin miner along the way. Rogier is a loving husband and father and currently resides in the Netherlands with his wife and two daughters.
Jason Cormier Chief Technical Officer Jason Cormier is a humble -but extraordinary- individual who is blessed with a Mensa IQ of 151, he is continually driven by a desire for knowledge and self-growth. He is self-taught in Visual Basics, C#, C++, HTML, and CSS and began developing programs and applications at the age of 14, including the TCB Wallet, which was the first ever wallet program that held its users' log in names and passwords. Jason is a cryptocurrency guru whose expertise includes cryptocurrency mining farms, proof-of-stake, masternodes, and cryptocurrency trading.
Jason holds Associate degrees in Computer Science and Psychology, and currently resides in the United States of America with his wife and son.
Jay McKinney Chief Web Development and Design Officer Jay is a veteran of the Iraq War who put his life on the line in combat to protect our freedoms. To center himself while stationed in the Iraqi warzone, he taught himself C# as he knew honing his Web Development skills would help him provide a better future for himself and his family. Upon returning home safely, he worked his way through college and holds bachelor's degrees in Computer Programming and Web Development & Design.
Jay has worked for the Kentucky Housing Corporation, serving as a software engineer and web developer. He is a loving family man who currently resides in the United States of America with his wife and two children.
David Johnson Chief Software Development Officer David holds a Master of Science degree in Information Systems and a Bachelor's degree in Business Administration with a specialization in Information Systems, graduating with Magna Cum Laude status. He has worked for the Kentucky Housing Corporation, serving as a network analyst and software engineer. As an entrepreneur, he has owned his own web and software development company since 2009, creating and maintaining several websites in C# and PHP, and has been operating the crypto-oriented YouTube channel BigBits since 2017, where he discusses automated Cryptocurrency trading strategies.
David is a proud father of two and resides in the United States of America with his wife and children. Like any good Kentuckian, he is a huge fan of the University of Kentucky's college sports teams.
Gabriel Condrea Software and Web Development Officer Gabriel Condrea holds a bachelor's degree in electrical and computer engineering and has worked as a software developer and senior systems engineer in both the United States and the United Kingdom, working with a variety of programming languages and IDEs. He has used his expertise to create Manufacturing and SCADA systems in industrial applications.
Gabriel also applies his engineering skills to cryptocurrency day trading, seeking to automate the process. He loves to travel and currently resides in the United States with his girlfriend.
Igor Otorepec Chief Hardware Development Officer Igor is an engineer with twenty years of experience specializing in advanced PLC programming and industrial robotics. He is also an IT security expert and a CEC Certified Ethical Cracker who uses his skills to expose and patch security vulnerabilities in blockchain codes.
Igor is an advanced cryptocurrency trader and Kung Fu master who uses bio-hacking as a way of life to keep his 'chi' constantly centered. He currently resides in Austria with his loving wife.
Manik Ehhsan Director of Marketing and Public Relations Manik holds a Bachelor's degree in Computer Science and has over five years of experience in Web Development, Digital Marketing and Graphics Design. He has also managed the marketing for more than 30 successful Cryptocurrency start-ups and projects, and specializes in SEO and ASO. Manik is also a Cryptocurrency project promotion expert with an emphasis on Masternodes and building Social Media Communities.
Manik has focused his life on Cryptocurrency and currently resides in Bangladesh with his loving family.
Rance Garrison Chief Marketing Officer Rance Garrison holds a bachelor's degree in Business Administration and specialized in Seminary Studies for his Master's degree. He served as an AmeriCorps VISTA at WMMT-FM, the radio station owned by Appalshop, an arts and education center in Kentucky, and has also specialized in local cable television advertising. Rance is also a musician who has released several albums independently over the last decade.
Rance is very dedicated to his local community and is most excited by the potential implications of cryptocurrencies and blockchain technology for rural and remote economies. He currently resides in the United States of America with his wife, dog, and cats.
Paul Gabens Chief Public Relations Officer A master negotiator with a penchant for strategy, Paul Gabens brings more than twenty years of marketing and promotional experience in the automotive, hospitality, and entertainment industries to the Wolfpack. He is also an avid stock and cryptocurrency trader, having first entered into the cryptocurrency market two years ago, embracing his passion for crypto with the same vigor as his love for travel, classic cars, extreme roller coasters, and surfing.
Paul holds degrees in business management, marketing, and automotive aftermarket. He currently resides in the United States with his fiancé and two cats.
Blake Stanley Marketing and Social Media Officer Blake Stanley is a cryptocurrency enthusiast who also has over six years of experience managing both government and private sector client and customer relations. A strategic thinker and expert in the field of social media-based advertising, Blake also owns and manages his own online marketing company where he has been successfully curating and implementing online marketing and advertising strategies for his clients for the past three years.
Blake is a proud father and family man and currently lives in the United States with his daughter and fiancé.
Martin Kilgore Market and Trading Analyst Martin Kilgore holds bachelor’s degrees in both accounting and mathematics, having researched Knot Theory and the Jones Polynomial during his undergraduate studies, giving him a firm edge when analyzing market conditions. He has worked as a staff accountant for several governmental organizations.
Martin lives in the United States with his fiancé.
Jonathan McDonald Chief Trading Strategy Officer Jonathan has honed his trading skills over the past five years by studying and implementing economics, financial strategy, Forex trading analysis and trading bots. Through his constant learning, he discovered Cryptocurrency after seeing the difference in market volatility and high yield trading. His fine-tuned trading strategies complement Crypto markets perfectly, and he has been implementing trading strategies to the Cryptocurrency market for over a year with phenomenal results. Jonathan is constantly improving his trading skills with an emphasis on scalping techniques. He has applied his trading skillset to the WolfpackBOT and enjoys working alongside the Wolfpack in creating the fastest trading bot on the market.
Jonathan currently resides in Canada with his supportive girlfriend and family.
Web site: https://www.wolfpackbot.com/
Technical document: https://www.wolfpackbot.com/Pdf/whitepaper_en.pdf
Bounty0x username: idrixoxo
submitted by idrixoxo2015 to u/idrixoxo2015 [link] [comments]

[Discussion] Where Classic and others went wrong. How to move forward, How to create waves and how to get Results.

Understanding the Appeasement:

First we have to clearly understand what classic, xt and other proposed hard forks were.
An appeasement to the current mining gods. A direct slap in the face to anyone that wants to see ACTUAL change in the current bitcoin ecosystem. Previous proposals addressed a change in "who" or "which" group (Or Corporation) heads up bitcoin development, more than actual change for bitcoin.
Some were saying that the debates and proposed hardforks were an example of "bitcoin working". Lets be real... that was complete and utter bullshit. Those that proposed hard forks had it wrong. Had the wrong goals. Had the wrong gameplan. Had the wrong agenda. And had the wrong road map.
When you want to see real change in real life, you dont ask the authorities, cops or politicians (who enable the very system you are trying to change....) "What works best for you?"

The Greatest Invention Since the Internet:

It became about "who" was developing bitcoin instead of "what" bitcoin was.
They NEVER addressed the situation in a way that represented what bitcoin actually is, which is unapologetically THE Single Greatest Invention since the internet itself.
We all know it. We all have experienced that thought at some point, and the reason we have all felt that is because it just simply happens to be true.
The internet brings us shared knowledge, and Bitcoin brings us the means to an unadulterated, enlightened and free economy.
NEVER has there been a more transparent potential chain of value before bitcoin. Not cattle, chickens, gold, diamonds or paper.
All systems of transferring value before bitcoin could be gamed in major ways. No one has ever been able to account for how many cattle, gold, diamonds or paper existed, at any point in history.
Paper backed by gold? Well lets take the various gold cartels out of the equation, and then calculate how much of it existed at any given point GLOBALLY. Hard to do. Add back in the cartels who often times will manipulate the public's perception of scarcity and it becomes IMPOSSIBLE.
With bitcoin we ALL not only know how much is going to exist at a given point in time, we can also see how it has moved from the very day it went live.
This is what Satoshi gave us.
Its only been 7 years since bitcoin stormed into our long and complicated human history. Anyone hand waving, discrediting or dismissing satoshi's still young yet enlightened guidance most likely suffers from "It could have been me".
It wasnt and no matter how many times they try to rewrite, muddy or convolute history, it never will be.

A Path Forward and The Systematic Attack against Origins:

Satoshi gave us a path for these very situations, but instead of referring to this enlightened knowledge, there has been a systematic attack (albeit slow and methodical) against the very person or group who envisioned bitcoin.
Chip after chip, scratch after scratch, cut after cut... Satoshi (whether we realize it or not) has been cut down to some entity that just happened have "lucked" into a winning idea.
Lets not undersell this point. Satoshi... envisioned... bitcoin. Period. Others who read and saw the potential joined and helped make that vision a reality. The original released whitepaper should be locked into the collective minds of everyone who sees bitcoin as one of the biggest breakthroughs... since maybe fire itself.
Bitcoin may have the same bad actors money & commerce has always had since the inception of monies, however the world up until this point has NEVER had anything like bitcoin when it comes to creating a tradable token of value.

Algorithm Maximalism (What is of importance.... The idea of bitcoin? or the Algorithm it uses):

What good is change if it doesnt actually change anything. Bitcoins current POW system is and has always been a means to an end. The intention was never to bring a specific algo into relevance, but instead the algo was chosen to bring bitcoin to fruition.
There is no such thing atm as "Algorithm Maximalism" except possibly to those who have willingly chosen to go in on equipment specific to an algorithm. This type of "maximalism" in most instances can be attributed to the question of what equipment a person/group has.
Tons of Sha256 equipment? Lets take two guesses what this person or group is going to say when asked which algorithm they like.... You wont need the second guess.
Tons of X11 mining equipment? Scrypt mining equipment? Lets take a stab at answering those also.. We would need one guess per instance.
As far as I can tell, since inception, a change in POW algorithms has NEVER been off the table of discussion, despite what some may say.

Not Taking Proposed Change Far Enough:

As stated earlier, All previous (semi popular) hardfork proposals to date have been simply bandaids for what has turned into gaping, festering wounds.
Those part of previous proposals never took it quite far enough. They never actually "OWNED" their proposals nor did they attempt to come up with any solutions byond "What do the miners think?"
But bitcoin is nothing without protection and the current consortium of miners right? Wrong. Look to your left, then look to your right. Tally up all the collective discussion of bitcoin. Tally up how many people are actually involved. Miners are only important in a sha256 world.
Outside of that and its the community that gives bitcoin its mining strenght. There are very few miners with tons of equipment, but with things like periodic algo changes on the table, it goes to a "many of us each with something to contribute" scenario.

The question of value

Bitcoin is lucky in that it is such a REVOLUTIONARY idea, we have had the great fortune of having THOUSANDS of iterations, clones and tests. Each different in some way. Small or big.
Bitcoin is such a revolutionary idea that the sheer number of people trying to capture its eventual essence numbers in the 10's of thousands.
Lets take stock of this. Unix, one of the greatest gifts to emerge from bell labs. How many serious and noteworthy projects are offshoots of its genesis project? A TON! (Linux for instance) One of the biggest communities the online world has ever seen. Linux, basically a complete rewrite of unix is one of the major reasons we can post things like this online.
However its community pales in comparison to the number of cryptocurrency offshoots bitcoin has produced in this short 7 year span.
Recently projects such has eth has shown us that indeed communities value different chains in different ways. ETC has shown us that even a throwaway token has value to someone somewhere and for different reasons.
Bitcoin's popularity as an idea has afforded each and everyone of us who is paying attention, the opportunity to learn from tons of smaller projects. Good or Bad. It all counts for something.
Ultimately its the community that decides bitcoins value. For many different reasons, whether it be what algo we mine, what devs we follow, what iteration we run.
The chain is there. The history is there. Algorithms do not make bitcoin "bitcoin", the people do. Along with its historical chain.

Unapologetic Forking

Lets throw appeasement out the window.
We have the chain, we have the people. Two things that matter most in moving forward with changes. Security and Immutability are built with action. POW algorithm (so long as it is secure) is just a means to move it.
You put cpu's or attainable equipment back on the table and we will witness an inclusive "Every Man" Moment bitcoin has NEVER seen before.
There are arguments to be made for actually forking bitcoin, changing its algorithm without a minimum threshold of current miner support and letting the free market of "Do you want to be part of this?" show us if what we are doing is valuable to a portion of people.
I know the answer to this, or at least Im very confident I know what the response of a majority of people will be.
This is why I very lightly touched on the idea here: https://www.reddit.com/btc/comments/4xghux/discussion_if_roger_ver_were_to_back_a_reputable/
Im willing to personally expand on it if the idea seems interesting. My real excitement comes from seeing what others think or how THEY would expand on it.
The amount of information I put out there so far is just the tip of the iceberg thought wise. I like processing things more than typing however this is a topic that is very important to me personally. I happen to think its very important to a lot of other people in the community also.
Real change requires real change, real action and taking real chances.
Lets try something... if it doesnt work out and if we are mindful, the core chain will always be there to go back to as a fallback "close second" option. Without getting into mud slinging, I can say that its obvious they need US more than we need them. We all feel this to be true, or have at some point even if for a minuscule amount of time.
Bitcoin Rules
submitted by SouperNerd to btc [link] [comments]

[Serious] Of Prices, ASICs and X11

WARNING: WALL OF TEXT, HIGH SCIENCE CONTENT
Friends, shibes, it is my pleasure to speak with you for what I hope is the first and not the last time. I'm arrdem, I'm a Doge daytrader, economist and miner on the side, and a programmer during the day. Today I'd like to have a chat about some of the rumors with regards to ASICs and the X11 hash that have been floating around /dogecoin for the last few weeks and I hope bring some light to the discussions.
On Scrypt
What is special about our hash function? Why does Bitcoin use SHA256 and why does Doge use Scrypt? The hash function used by each cryptocurrency must have no known inverse function or algorithmic weakness which allows miners to cheat and compute nonces easily, and it needs to be easy to verify or recompute given an input. The first requirement is obvious in that if the hash function is weak, then someone can achieve a 51% attack potentially with less than 51% of the network's hashing power. The second is less obvious and is in fact entirely a performance issue.
SHA256 is a known and trusted algorithm which has yet to exhibit any known weaknesses, and it is very very fast to recompute. This is why Bitcoin is SHA based.
Litecoin, the intellectual father of Dogecoin, chose the Scrypt hash function because it was a memory bound algorithm. That is, the slowest part of computing the Scrypt hash of some value is waiting for values to be fetched from memory: an operation which it is amazingly expensive to make fast. The goal of choosing an artificially expensive hash function was to escape the Application Specific Integrated Circuits (ASICs or hardware miners) which had come to dominate Bitcoin mining. Because the SHA256 algorithm does not have large memory requirements, it was easy for Bitcoin speculators to develop cost effective hardware for the single purpose of searching for SHA256 nonce values.
On ASICs
Before we get to whether ASICs are good or bad for a coin, we must first assess why they made sense for Bitcoin so that we can reason about their impact on Doge.
Because the computational power to find a nonce for any good cryptocurrency is expected to be large, that means there is a literal cost attached to processing each transaction on the network. While transactions may be nominally free or at least low fee, miners are really speculators expecting that someday the value of the coins they earn computing nonce values for blocks will exceed the operating costs and purchase costs of the hardware they mine with. This expectation that one day mining costs will be repaid is in fact the key reason that Bitcoin featured block rewards. The block reward was seen as a bootstrapping mechanic with which to buy hardware investment in the Bitcoin network through currency inflation.
Now, ASICs and other mining hardware only pay for themselves if one expects to get enough return from block rewards and future coin price increases to cover the purchase and operating costs of the hardware. However, this is where the block schedule comes in. If we expect that thanks to the law of large numbers that one's return is on average the block reward times ones fraction of the network hashrate, it becomes clear that as the block reward falls it becomes very difficult for any purchased mining hardware to pay itself off let alone turn a profit especially as other miners purchase hardware to compete for the same block rewards thus driving up the hashrate.
On the block schedule
Looking at the Bitcoin block schedule, ASICs kinda make sense. The Bitcoin block schedule extends until 2140, at which time the "omega block" will be mined and the per block reward of Bitcoin mining will become zero. However until that time the per block reward will decrease 50% every four years. Today in 2014, the per block reward of Bitcoin is 25BTC and it won't change until 2017. That means that Bitcoin targeted ASICs can potentially run for three whole years or more and still have a reasonable chance of breaking even with no assuptions made about changes in the value of 1BTC.
Doge's block schedule looks completely different. Where Bitcoin has a long tail on its per block reward extending out to 2140, Dogecoin will reach it's minimum block reward at block 600,000 in January of 2015, less than 14 months after Dogecoin came into being. With the 3rd halvening about 11 days out and the 4th on the horizon, by the time big boy ASICs for Scrypt start shipping in Q3/Q4, being September and later, the per block reward of Doge will have fallen to 31.25KDOGE and below. Third generation ASICs slated for December and January will likely never see more than 15.625KDOGE/block.
On the price of Doge
So what does this mean for the price of Doge? If the price of Doge doesn't increase at all, it's clear that the expensive new ASICs will never break even. This suggests that late comers with high powered mining hardware will be looking to recoup their investments and asking higher and higher prices for their Doge which should drive up the price overall.
To put some numbers on this, at current prices and hashrate, accounting for halvenings, neither Gridseed ASIC even breaks even within 200 days if purchased within the next 48hrs. fn:1. Wait 30 days (after the comming halvening) and you don't come anywhere near break even. If I change my model to include some hashrate growth factor, the outlook is even worse. fn:2.
This isn't bad news. This is awesome news for the price of DOGE. Lets say that Gridseed ships oh 500 units of their big boy ASIC, which may be conservative. fn:3 That's right, if hardware equivalent to 1K large Gridseeds came on in the next 30 days and ran at least for 200, doge would have to go all the way up to 702DOGE/USD just for them to break even!
To the moon
So where does this leave us. I think that the numbers I've presented here show that ASICs for Dogecoin are patently absurd, unless you expect to see a gargantuan spike in the price of DOGE which would make us all rich men anyway. While I'm willing to speculate on block reward (which is easy to model) and on hashrate which I assume is more or less linear, I have no mechanism with which I can confidently predict the price of DOGE out more than a week. Naive linear projections from our initial open of 80 satoshi to today's 126 satoshi over the course of four months suggests that in 200 days we could well see the ~300 satoshi prices which would make Gridseed and other ASIC miners profitable. However once you account for the high volatility of Doge, of Bitcoin and general market manipulation who knows if it'd ever go that high stably.
So. To sum up. On the basis of these sketchy ROI numbers, I think that buying ASICs is probably ill advised. That said, I expect that people will buy ASICs and that in doing so they will drive up the price of DOGE at the same time as the supply of DOGE starts to dry up due to block reward decreases.
I will be interested to see what happens to DOGE mining in January, as we will be the first coin to reach their steady mining state. I hope that the 10,000 DOGE reward per block will be sufficient to support the ASIC and GPU mining required to keep our hashrate out of 51% threat, but only time will tell. There is a real threat that the ROI of mining will be too low to justify the purchase of new ASIC let alone GPU hardware, which would lead to a falling hashrate and a credible threat of 51% vulnerability. However we could also see prices to go to the moon in which case that is no worry as high efficiency ASIC farms would take over mining securing the coin's stability more or less. I will note that no coin has yet solved the 51% threat issues posed by centralized mining, and I'm personally convinced that it's an intractable problem because as rewards per block decrease as for bitcoin, the costs of mining operations must likewise fall leading to greater centralization of compute power. By fixing our block reward we may. may. be able to dodge (ha ha) this issue however the essential drive to cut mining prices for ROI maximization will remain and will continue to drive mining centralization.
With all this in mind, it's silly to talk about the adoption of X11 or another hashing algorithm, because if and when ASIC miners for DOGE become big business it'll already be too late and we will have already mined the vast majority of DOGE thus securing the distribution of DOGE away from the ASIC miners we seem to fear so much as a community. Making the switch to X11 simply delays the ASIC hardware which we want anyway due to the price increases it's likely to drive, forget about making us artificially dependent on GPU mining to secure our hashrate and creating an uncalled for blockchain fork.
TL;DR
  1. Stop worrying and love the ASICs, they won't make a ton of money and will secure our hashrate and by proxy our Doges!
  2. STFU about X11. It's even more ASIC friendly than Scrypt, and we gain nothing from another blockchain fork.
  3. Price projection: moon!
  4. Open issue: How do we limit mining centralization without increasing inflation? Are we already at a balance point?
MSC
The software I've built and used to make these models is entirely open source and written in Clojure, see the footnotes for source and libraries.
Other programs involved
https://www.refheap.com/78314
https://github.com/arrdem/meajure
Edit History
  1. Wording typo fixed
  2. Fix fn:2 to reflect increased network hashrate
  3. Don't bother asking me what I think the price of DOGE will be. Not the foggiest.
  4. Fix final block reward, 10k not 100k
  5. Fix omega block date for BTC, 2140 not 2024
submitted by Arrdem to dogecoin [link] [comments]

Dash is a planned instamine, it wasn't an accident

The official story about the instamine: https://dashdot.io/alpha/?page_id=118
Evan Duffield:“The instamine happened, there is no one disputing that fact. The crypto-community at large has no problem with this except a few who think it’s trying to be hidden in some way. In fact, I posted multiple times about the instamine, first in “The Birth Of Darkcoin” which is an account of the first few weeks of the launch and the mistakes that were made. Recently I also posted spoke about the Instamine in the video “Virtual Corporation”, which considers the concept that it might have been key to Dash’s success, which I believe now.
It’s also important to note, I was working a very challenging day job while working on Dash in the first couple weeks. So I was putting out fires every night, keeping tabs on Dash during the day (while getting yelled at by my boss when he caught me a couple times). Eventually I quit when I got Dash stable enough to work on full time and decided I really wanted to explore what I could do with it. “
In my opinion, it was a planned instamine. This wasn't mentioned before launch.
The features of this coin were also not public at launch.
=> Nobody was really interested in the coin at launch, making this instamine more a kind of "stealth launched premine". In my books, that's a scam. Please don't ignore the facts:
2013-12-29: http://www.mail-archive.com/bitcoin-development%40lists.sourceforge.net/msg03557.html
2 guys from Hawk Financial Group, Evan & Kyle, are asking on the Bitcoin Dev mailing list for "1 or 2 really good C++ programmer that is familiar with the bitcoin internals to help with a for-profit startup". They are planning to build a unique coin that is "not just a clone of the original Bitcoin code" but in stead "a merge-mined altcoin that will provide a very useful service to the whole crypto-coin ecosystem". They claim to have "detailed plans on how to implement it".
2014-01-18: https://bitcointalk.org/index.php?topic=421615.msg4596809#msg4596809
There were some issues at launch, so Evan said he would postpone the launch and would "definitely not" launch it in the next hours. But he did launch it a few hours later.
2014-01-19: https://chainz.cryptoid.info/dash/block.dws?000007d91d1254d60e2dd1ae580383070a4ddffa4c64c2eeb4a2f9ecc0414343.htm
Xcoin was launched. This was the emission in the first 72 hours of the coins existence: https://i.gyazo.com/fef5818649a839bb091c29e8b3722b7e.png This was the emission of the first 100 days: https://i.gyazo.com/3acc6ea5d90db13e51d95dac0e4b8fa2.png
At the moment, there are about 6 million DASH in circulation. There would be 84 million Xcoins eventually. (https://bitcointalk.org/index.php?topic=421615.msg4588082#msg4588082) Note that in the first hour, 500k Xcoins were mined. Due to the "quick fix" of the bug, not many people expected to launch a few hours after Evan said he would "definitely not" launch in the next hours.
2014-01-19: https://bitcointalk.org/index.php?topic=421615.msg4594074#msg4594074
Right after the launch, there were problems with the window binaries. Evan clearly was mining right from the start, as he offered 5000 Xcoin as a bounty for compiling the binaries.
2014-01-20: https://bitcointalk.org/index.php?topic=421615.msg4629218#msg4629218
After the emission of almost 2 million coins, Evan said that "now that everything is stable, I'll be posting later about the vision of this project and milestones!". Up until this point, only the "X11 hashing algoritm" was a known feature. According to him, it was "time to move on to actually implementing what I set out to do".
2014-01-22: https://bitcointalk.org/index.php?topic=421615.msg4654183#msg4654183
Evan releases his plans for XCoin. At this point, more than 2 million coins were mined.
Xcoin rebranded to Darkcoin and eventually to DASH later on.
Later on, some contradictions surfaced:
Conclusions:
  • Evan isn't acting alone, he had/has a team behind him right from the start. It wasn't a hobby. he had a plan to make a profit.
  • Evan had plans for his coin right from the start, but didn't release them until after the instamine
  • 1.5 million coins were mined in the first 8 hours. Most of these coin ended up in his (and his friends) hands. It's very likely the 500k in the first hour were only mined by him with cloudhosting services.
  • He lowered the emission later on, to make his relative share of coins bigger.
How can this be all an accident (like Evan is always saying) and NOT be intentional? Evan was looking for c++ devs for a "for profit startup" at the end of 2013 for the launch of an altcoin.
Question:
How can you make a profit by launching an altcoin (and be sure to be able to pay your devs)?
Answer:
by premining and/or instamining.
How he did it is pretty easy:
  • telling people the release would definitely not be in the next couple of hours and after that do launch it a few hours later
  • buggy windows binaries
  • a "code error" creating 500k coins in the first hour, >1.5 million in the first 8 hours.
=> DASH was clearly a planned premine/instamine.
submitted by dnale0r to CryptoCurrency [link] [comments]

WolfpackBOT - The world's fastest and most secure trading bot

WolfpackBOT - The world's fastest and most secure trading bot

https://preview.redd.it/n7wutgsuzfd21.png?width=800&format=png&auto=webp&s=d0dac7147b8e70584305f997732a248d6b088ff9

INTRODUCTION

Cryptocurrency is essentially digital money traded from one person to another through the use of pseudonyms. There are no intermediaries like banks, no governmental oversight or authority, and no fees. The “crypto” in cryptocurrency refers to the use of cryptography to ensure the security and privacy of every transaction.
New coins are created through a technique called mining. The process requires powerful computers that solve complex math problems. Each problem should take about 10 minutes to solve, and results in the creation of a predetermined number of coins. The total number of coins that can be created is fixed — there’s a limit of 21 million bitcoins that can be created. The number of coins rewarded for solving each problem dwindles as time goes on.
Bitcoin is believed to have been created in 2009 by Satoshi Nakamoto, an enigmatic figure who has so far proven all but impossible to definitively identify. By using cryptography to control the creation and tracking of a digital currency, Nakamoto took that power away from central authorities like governments.
Bitcoin was the first and most famous digital currency, but you can choose from more than 1,500, including ether, litecoin and even cryptokitties. For awhile, you saw these currencies only in the darkest corners of the internet, where people used them for all sorts of questionable, even illegal, activities. Drug dealers liked them because they made transactions all but invisible, and trolls at the Kremlin-backed Internet Research Agency used bitcoin to finance their campaign to influence the 2016 election.
That started to change in 2014, when Overstock became the first major US retailer to accept bitcoin. Companies like Expedia and Microsoft followed suit.
One of the biggest misconceptions about cryptocurrencies is that you need thousands of dollars to invest. It’s an easy assumption to make, especially in the case of bitcoin, which stayed under $1,000 from about 2010 to 2017. But then it took off, surpassing thousand-dollar milestones at a pace that seemed quicker than you could refresh your phone.
The staggering value is off-putting to many. But unlike most stocks, you can buy a fraction of a bitcoin so you don’t need thousands to get into the crypto game.

OVERVIEW OF WolfpackBOT

WolfpackBOT is a highly advanced cryptocurrency trading software that allows for the execution of trades at lightning speed using proprietary trading algorithms, proprietary “Werewolf” Trading Analysis configurations, or user customized settings based on personal trading style. WolfpackBOT also allows for simultaneous trading access to all compatible cryptocurrency exchanges that are available to the bot, and all trading pairs with the WerewolfBOT subscription package.
WolfpackBOT is introducing an industry first, a beautiful automated cryptocurrency trading console: The WolfBOX. This efficient and sleek piece of hardware will conveniently allow for the full utilization of a bot subscription without the need for a VPS or dedicated computer. The WolfBOX will also include a built-in secure Hardware Wallet and RFID card reader to optimize ease-of-use and functionality.
WolfpackBOT trading software is enabled with limit, market, and “Wolf Trade” orders on all trading candles, including one-minute candles, with the widest array of technical trading indicators available on the market. WolfpackBOT's proprietary “Wolf Trade” orders provide superior market sell orders with a bite! WolfpackBOT is the only trading bot to feature live price scanning on your positions and also handles partial fills with ease, meaning you don’t miss out on orders. WolfpackBOT is incredibly fast and can fulfill up to 10,000 trades per day depending on market conditions and subscription package.
WolfpackBOT allows simultaneous trading access to all cryptocurrency exchanges that are available to the bot, and all trading pairs through the WerewolfBOT subscription plan. Not only do inferior bots allow limited access to one exchange and one trading pair per bot, they also store your API keys remotely on servers which are potentially susceptible to hacks and pump and dump attacks. User security and API key protection holds a high priority within the WolfpackBOT framework which is why it is the only trading bot that gives users full control with local management of their API keys.
Masternode and Proof of Work X11 Blockchain
Wolfcoin Blockchain with X11 Proof of Work Mining and Masternode Reward Systems The Wolfcoin blockchain and network are both designed and engineered to ensure store of value, transactional speed and security, and fungibility. The main goal of the Wolfcoin blockchain is to facilitate fast and secure transactions with a governance that helps sustain the network for the benefit of all users. The Wolfcoin blockchain is a two-tier network comprised of a Proof of Work (PoW) consensus mechanism powered by miners and a Proof of Service (PoSe) system powered by masternodes.
The Wolfcoin blockchain is secured through Proof of Work (PoW) in which miners attempt to solve difficult problems with specialized computers. When a problem is solved, the miner receives the right to add a new block to the blockchain. If the problem was solved correctly, the miner is rewarded once the block is added.
The second tier, which is powered by masternodes, enables Wolfcoin to facilitate private and instant transactions with Private Send and Instant Send. Masternodes are also rewarded when miners discover new blocks.
The block reward is distributed with 80% going to the masternodes and 20% going to miners. The masternode system is referred to as Proof of Service (PoSe), since the masternodes provide crucial services that support the features of the network.
Masternodes also oversee the network and have the power to reject improperly formed blocks from miners. If a miner tried to take the entire block reward for themselves, the masternode network would orphan the block ensuring that it would not be added to the blockchain.
In short, miners power the first tier, which is the basic sending and receiving of funds and prevention of double spending. Masternodes power the second tier, which provide the added features that make Wolfcoin different from other cryptocurrencies. Masternodes do not mine, and mining computers cannot serve as masternodes.
Additionally, each masternode is “secured” by 10,000 WOLF. Those WOLF remain under the sole control of their owner at all times. The funds are not locked in any way; however, if enough of the funds are moved or spent to cause the user’s holdings to drop below 10,000 Wolfcoin, the associated masternode will go offline and stop receiving rewards.
By pre-ordering your WolfpackBOT subscription, you will also receive Wolfcoin as a reward that can be utilized in the following ways:
  • Redeemable for WolfpackBOT subscriptions
  • Redeemable for the WolfBOX Console
  • Redeemable for WolfpackBOT and Wolfcoin apparel and merchandise
  • Fungible utility that can be exchanged for like value on exchanges
When you hold at least 10,000 Wolfcoin in your Wolfcoin wallet connected to a static IP address, you will become a masternode, meaning you will have a chance to receive 80 percent of the block reward every sixty seconds.

THE FEATURES

WolfpackBOT Automated Trading Software:

After the crowdsale, Wolfcoin will be the exclusive method of payment for WolfpackBOT Automated Trading Software subscriptions.

Multiple Technical Analysis Indicators:

WolfpackBOT offers the widest array of multiple Technical Analysis indicators, oscillators, configurations and settings available in the world of Automated Cryptocurrency Trading Bots. WolfpackBOT provides Bollinger Bands, Double EMA, Elliot Wave, EMA, EMA Cross, Fibonacci Sequence, KAMA, MA Cross, MACD, RSI, SMA, Stochastic, Stochastic RSI, Triple EMA, and many more!

Shorting Features:

WolfpackBOT includes Cryptocurrency Shorting Features that allow users to short their positions and buy them back at the lower price to maximize their returns.

Copyrighted Crash Protection:

Crash Protection, one of WolfpackBOT's most advanced features, enables users the option to automatically scan and convert all positions to a stable coin at the sign of our proprietary Hidden Bear Divergence Indicator, and then buy back into base currency to resume trading at the sign of our proprietary Hidden Bull Divergence Indicator.

Language Translator:

WolfpackBOT has a built in Language Translator that instantly translates the entire BOT into Dutch, English, French, German, or Spanish.

All Trading Pairs on all available Exchanges:

WolfpackBOT allows our customers to simultaneously trade on multiple cryptocurrency exchanges, and with all the exchange’s trading pairs available for trading. The best part is that it’s all possible on one bot with one subscription to the WerewolfBOT package!

Coin Selector:

While other automated trading platforms only allow for a limited amount of coins per subscription, WolfpackBOT allows all trading pairs and all coins to be traded on all the available major exchanges with the WerewolfBOT subscription. WolfpackBOT's proprietary Coin Selector allows for users to choose whether to trade all cryptocurrencies or blacklist some, thus not trading them at all, as well as search for the highest volume, greatest performing, or a specific volatility range of coins for a given timeframe.

Werewolf Configurations and Settings:

Werewolf Configurations and Settings are copyrighted trading algorithms that use proprietary optimum settings for trading: the perfect configuration for experienced and inexperienced traders alike. These settings can be adjusted to the current market trend, with preset configurations for bear, sideways, and bull markets.

Werewolf Ultimate:

Werewolf Ultimate is the ultimate choice when trading. It doesn't trade a particular trading pair or particular coins, it trades them all. It goes in for the kill to increase the potential returns. Crash Protection is a built-in feature in Werewolf Ultimate.

Werewolf Bull Market:

Werewolf Bull Market are preset settings and configurations that are usable when your Base Trading Pair is in a Bull Run. Werewolf Bull Market settings are optimized for such conditions and should only be used in a Bull Run Market.

Werewolf Sideways Market:

Werewolf Sideways Market are preset settings and configurations that are usable when your Base Trading Pair is trading sideways. Werewolf Sideways Market settings are optimized for such conditions and should only be used in a Sideways Trading Market.

Werewolf Bear Market:

Werewolf Bear Market are preset settings and configurations that are usable when your Base Trading Pair is in a Bear Run. Werewolf Bear Market settings are optimized for such conditions and should only be used in a Bear Run Market.

The WolfBOX Hardware Console:

WolfpackBOT also offers an industry first: a beautiful hardware console, The WolfBOX. Our console comes preloaded with WolfpackBOT Automated Trading Software and also includes a built-in secure hardware wallet. Some of the key features of the WolfBOX include our high-speed CPU, solid-state hard drive, built-in RFID card reader, and integrated Bitpay and Coinbase wallets.

Wolfpack Consulting

Our company offers its services and expertise as Cryptocurrency and Blockchain Specialists to individuals and companies. We offer consulting services in the fields of blockchain and cryptocurrency development and management.

Wolfpack Philanthropy

We are dedicated to the proposition that we have a responsibility to use a portion of our company’s revenue to help create a better world and a brighter future. As we move forward, our philanthropic efforts include environmental stewardship, renewable energy, human rights, economic development, as well as animal and wildlife rescue and conservation with an emphasis on dogs and wolves.

Wolfcoin Information

THE WOLFCOIN Wolfcoin is the coin that fuels all WolfpackBOT's projects.
This utility, coupled with the reward systems with mining and Masternoding capabilities, makes the use of Wolfcoin potentially appealing to all WolfpackBOT users whom are interested in receiving additional Wolfcoin for subscriptions, merchandise and other rewards such as passive cryptocurrency portfolio growth.
THE WOLFCOIN WALLET WolfpackBOT uses our proprietary Wolfcoin Core QT wallet.
February 2018 Conceptual development of WolfpackBOT Software
May 2018 Company Roadmap development Alpha models of WolfpackBOT Software
June 2018 Ongoing research, development, and testing
October 2018 Advertising and Marketing Campaign Starts Wallets available for payment; BTC, BTG, DASH, DOGE, ETC, ETH, LTC October 15 - Pre-registration begins
November 2018 November 1 - Crowdsale Stage I begins
December 2018 Official presentation of WolfpackBOT beta Software Preview Creation of Wolfcoin (WOLF: 300,000,000 coins pre-mined on Genesis Block) WolfpackBOT beta Software release to selected customers
December 21 - Launch network and mine Genesis block
December 22 - PoW / Mainnet
December 23 - Blockchain and network testing
December 28 - Iquidis Wolfcoin Block Explorer released on our website
January 2019 January 1 - Wolfcoin Core wallets available for download on the website January 1 - Wallet and Masternode Tutorial available January 1 - Masternode and PoW instructional videos available January 1 - Subscription Pre-order Coin Rewards disbursed Announcement listing WOLF on top-10 Exchange
February 2019 February 1 - Crowdsale Stage I Ends February 1 - Crowdsale Stage II Begins
March 2019 March 15 - Crowdsale Stage II Ends March 15 - Crowdsale Stage III Begins WolfpackBOT Software roll-out to contributors WolfBOX Console available for Pre-order
April 2019 WolfpackBOT Subscriptions available for customers First Major version released: automated, manual, and paper trading WolfpackBOT Live support center April 30 - Crowdsale Stage III Ends
May 2019 WolfBOX Consoles Pre-orders first shipment
June 2019 New trading features such as new exchanges, strategy options and indicators
July 2019 New trading features such as new exchanges, strategy options or indicators
August 2019 WolfpackBOT Software Trading Platform V2.0 Second major release: Strategy Marketplace and Back-testing
September 2019 New trading features such as new exchanges, strategy options or indicators
October 2019 WolfpackBOT Software Trading Platform V3.0 Third major release: Signals Marketplace (Supporting 3rd Party App Signals) Mobile Application for WolfpackBOT Software and Trading Platform
November 2019 New trading features such as new exchanges, strategy options or indicator
December 2019 WolfpackBOT Software Trading Platform V4.0
January 2020 WolfpackBOT Software Trading Platform V5.0 Fourth major release: Machine Learning Strategy Optimization

THE AMAZING TEAM

Philip Longhurst Chief Executive Officer The leader of our pack and the man behind the WolfpackBOT trading bot, Philip Longhurst is a mathematical genius, engineer, day trader, and animal rescuer. As an account manager for J.P. Morgan and MBNA Bank, Phil managed the accounts of several high-profile clients and businesses. He has been successfully trading stocks for over twenty-five years and has successfully applied his trading expertise and mathematical acumen to the cryptocurrency market since 2013.
Philip holds bachelor's degrees in mechanical engineering and business administration and is a loving husband, father, and family man who has been rescuing dogs since 1995. His driving desire is to use the success of Wolfpack Group to create a brighter future for humanity. He currently resides in the United States of America with his wife, daughter, and dogs.
Rogier Pointl Chief Financial Officer Rogier Pointl is a successful entrepreneur with nearly twenty-five years of experience in business management, marketing, financial administration, economics, and fintech. Rogier holds bachelor's degrees in Business Communications and Financial Administration. He is a pioneer in the field of virtual reality, having served as CEO and owner of Simworld, the first virtual reality racing center in Europe, where he oversaw the development of advanced simulator and virtual reality hardware and software.
Rogier is an experienced trader and has been trading stocks since 2007. He began applying his expertise to the cryptocurrency market in 2010, gaining experience as a Bitcoin miner along the way. Rogier is a loving husband and father and currently resides in the Netherlands with his wife and two daughters.
Jason Cormier Chief Technical Officer Jason Cormier is a humble -but extraordinary- individual who is blessed with a Mensa IQ of 151, he is continually driven by a desire for knowledge and self-growth. He is self-taught in Visual Basics, C#, C++, HTML, and CSS and began developing programs and applications at the age of 14, including the TCB Wallet, which was the first ever wallet program that held its users' log in names and passwords. Jason is a cryptocurrency guru whose expertise includes cryptocurrency mining farms, proof-of-stake, masternodes, and cryptocurrency trading.
Jason holds Associate degrees in Computer Science and Psychology, and currently resides in the United States of America with his wife and son.
Jay McKinney Chief Web Development and Design Officer Jay is a veteran of the Iraq War who put his life on the line in combat to protect our freedoms. To center himself while stationed in the Iraqi warzone, he taught himself C# as he knew honing his Web Development skills would help him provide a better future for himself and his family. Upon returning home safely, he worked his way through college and holds bachelor's degrees in Computer Programming and Web Development & Design.
Jay has worked for the Kentucky Housing Corporation, serving as a software engineer and web developer. He is a loving family man who currently resides in the United States of America with his wife and two children.
David Johnson Chief Software Development Officer David holds a Master of Science degree in Information Systems and a Bachelor's degree in Business Administration with a specialization in Information Systems, graduating with Magna Cum Laude status. He has worked for the Kentucky Housing Corporation, serving as a network analyst and software engineer. As an entrepreneur, he has owned his own web and software development company since 2009, creating and maintaining several websites in C# and PHP, and has been operating the crypto-oriented YouTube channel BigBits since 2017, where he discusses automated Cryptocurrency trading strategies.
David is a proud father of two and resides in the United States of America with his wife and children. Like any good Kentuckian, he is a huge fan of the University of Kentucky's college sports teams.
Gabriel Condrea Software and Web Development Officer Gabriel Condrea holds a bachelor's degree in electrical and computer engineering and has worked as a software developer and senior systems engineer in both the United States and the United Kingdom, working with a variety of programming languages and IDEs. He has used his expertise to create Manufacturing and SCADA systems in industrial applications.
Gabriel also applies his engineering skills to cryptocurrency day trading, seeking to automate the process. He loves to travel and currently resides in the United States with his girlfriend.
Igor Otorepec Chief Hardware Development Officer Igor is an engineer with twenty years of experience specializing in advanced PLC programming and industrial robotics. He is also an IT security expert and a CEC Certified Ethical Cracker who uses his skills to expose and patch security vulnerabilities in blockchain codes.
Igor is an advanced cryptocurrency trader and Kung Fu master who uses bio-hacking as a way of life to keep his 'chi' constantly centered. He currently resides in Austria with his loving wife.
Manik Ehhsan Director of Marketing and Public Relations Manik holds a Bachelor's degree in Computer Science and has over five years of experience in Web Development, Digital Marketing and Graphics Design. He has also managed the marketing for more than 30 successful Cryptocurrency start-ups and projects, and specializes in SEO and ASO. Manik is also a Cryptocurrency project promotion expert with an emphasis on Masternodes and building Social Media Communities.
Manik has focused his life on Cryptocurrency and currently resides in Bangladesh with his loving family.
Rance Garrison Chief Marketing Officer Rance Garrison holds a bachelor's degree in Business Administration and specialized in Seminary Studies for his Master's degree. He served as an AmeriCorps VISTA at WMMT-FM, the radio station owned by Appalshop, an arts and education center in Kentucky, and has also specialized in local cable television advertising. Rance is also a musician who has released several albums independently over the last decade.
Rance is very dedicated to his local community and is most excited by the potential implications of cryptocurrencies and blockchain technology for rural and remote economies. He currently resides in the United States of America with his wife, dog, and cats.
Paul Gabens Chief Public Relations Officer A master negotiator with a penchant for strategy, Paul Gabens brings more than twenty years of marketing and promotional experience in the automotive, hospitality, and entertainment industries to the Wolfpack. He is also an avid stock and cryptocurrency trader, having first entered into the cryptocurrency market two years ago, embracing his passion for crypto with the same vigor as his love for travel, classic cars, extreme roller coasters, and surfing.
Paul holds degrees in business management, marketing, and automotive aftermarket. He currently resides in the United States with his fiancé and two cats.
Blake Stanley Marketing and Social Media Officer Blake Stanley is a cryptocurrency enthusiast who also has over six years of experience managing both government and private sector client and customer relations. A strategic thinker and expert in the field of social media-based advertising, Blake also owns and manages his own online marketing company where he has been successfully curating and implementing online marketing and advertising strategies for his clients for the past three years.
Blake is a proud father and family man and currently lives in the United States with his daughter and fiancé.
Martin Kilgore Market and Trading Analyst Martin Kilgore holds bachelor’s degrees in both accounting and mathematics, having researched Knot Theory and the Jones Polynomial during his undergraduate studies, giving him a firm edge when analyzing market conditions. He has worked as a staff accountant for several governmental organizations.
Martin lives in the United States with his fiancé.
Jonathan McDonald Chief Trading Strategy Officer Jonathan has honed his trading skills over the past five years by studying and implementing economics, financial strategy, Forex trading analysis and trading bots. Through his constant learning, he discovered Cryptocurrency after seeing the difference in market volatility and high yield trading. His fine-tuned trading strategies complement Crypto markets perfectly, and he has been implementing trading strategies to the Cryptocurrency market for over a year with phenomenal results. Jonathan is constantly improving his trading skills with an emphasis on scalping techniques. He has applied his trading skillset to the WolfpackBOT and enjoys working alongside the Wolfpack in creating the fastest trading bot on the market.
Jonathan currently resides in Canada with his supportive girlfriend and family.
Web site: https://www.wolfpackbot.com/
Technical document: https://www.wolfpackbot.com/Pdf/whitepaper_en.pdf
Bounty0x username: idrixoxo
submitted by idrixoxo2015 to u/idrixoxo2015 [link] [comments]

[SGAT] Devs News 1

[SGAT] Devs News 1
https://preview.redd.it/avhj9lpazi611.jpg?width=1702&format=pjpg&auto=webp&s=157507da75a02f952031086879db4a37ba9e5957
Dear community,
Because we wish above all to share SGAT adventure with you, from now on, we will be sending every two weeks a newsletter summarizing the various advancements on the development of the project.
  • What have we done since the project was launched and where do we stand now?
First step of the project was the creation of SGAT blockchain, starting from the code of Monero blockchain, which is also based on the CryptoNote protocol.
Just a reminder, CryptoNote is the protocol/technology running Monero blockchain for example, while CryptoNight is the hash algorithm used by CryptoNote (the way data is cut, exchanged and verified). For Bitcoin it is the algorithm SHA256, Scrypt for Litecoin, X11 for Dash or Ethhash/Dagger-hashimoto for Ethereum.
In order to fully control our blockchain and our technology, we decided not to simply fork the Monero project.
  • But what is a fork?
A fork or branch is the fact of taking two directions, as its name indicates. In fact, it is a new software created from the source code of the existing software. Two main reasons can give origin to a fork:
  1. a divergence of views and objectives related to the project by the developers ;
  2. a personal conflict within the company that created the software.
Moreover, since making such modifications requires software’s rights to allow it, forks are generally performed on free software, which is the case of the majority of crypto-currencies.
  • Phase 1: blockchain testnet and mainnet SGAT
So we took the code from Monero blockchain by creating a copy from their Github (the site where the code is hosted) and then reworked it from the start to create our own genesis block (block number 0) which was our first big challenge.
Indeed, we had to recreate this block in order to take into account the specific parameters of our blockchain. This allowed us, for example, to increase the maximum emission of units, the emission speed of the blocks or its emission curve which would not have been possible with a simple Monero fork. We also had to retake all the “commits” (modifications, updates or editions of the code) made by the developers who contributed to the Monero project since the beginning (from 150 to 200 approximately…), in order to analyse and understand them, which of course took us weeks! J
Once the code was reworked, we then started the test phases on the blockchain mining, transfers and exchanges between portfolios on a test blockchain (testnet). Once this step was completed, we started SGAT blockchain (mainnet) by launching the first nodes (computers running the blockchain), but privately for the moment.
This allows us to exclusively mine tokens as part of the ICO, to prepare the various users’ wallets, but also to work on synchronization and compatibility with our web application. Once the ICO finished, we will reveal the IP addresses of the seeds (i.e. the first machines that started our blockchain) so that the community can connect to our blockchain, create wallets, or participate in the confirmation of transactions through the mining via the daemon software (software running background processes and allowing to participate in the mining and synchronize the portfolio mining) that we will publish.
  • Phase 2: SGAT Explorer
We then developed SGAT Explorer, the search and consultation website for our blockchain. It allows anyone to consult the complete, and in real time, history of every transactions performed on our blockchain from the genesis block (mining transactions, tokens emission and rewards, hashrate, etc…).
We are currently performing all unit and functional tests on the Explorer as well as fully analyzing the code. These tests simulate all the possible actions of tool, from A to Z, so that the Explorer is as stable as possible and to ensure the proper operation of our server, of the various controllers and the API routes.
This one should be online this week!
  • Phase 3 and beyond: what we’re gonna do!
→ connect the webapp with our platform authentication system ;
→ synchronize and centralize all transfers, rewards (bounty program and partners) within the web application;
→ then start its deployment on mobile, through SGAT application.
At the same time, we are constantly working on correcting various bugs on the website, whether in terms of translations or transaction management and of the whole platform.
Have a great week !
SGAT Team
Version Française ici
submitted by thomassgat to SGAT [link] [comments]

How to Get The Most Profitable Cryptocurrencies to Mine and More in Google Sheets

Original Medium post found here: https://medium.com/spreadstreet/how-to-get-the-most-profitable-cryptocurrencies-to-mine-and-more-in-google-sheets-7b2ad2ebbdcd
One of the most challenging aspects of cryptocurrency mining is finding the most profitable coins to mine.
A few services exist, but nothing beats what the creators of WhatToMine.com have done in a few short months.
The big benefit of the data offered by WhatToMine is a ranking of cryptocurrencies by mining profitability.
The =SS() function, available in Google Sheets as part of the Spreadstreet Google Sheets Add-in, allows the user to pull in two seperate endpoints from the WhatToMine API:
  1. Stats — Used to compare the profitability of all GPU based cryptocurrencies
  2. ASIC — Used to compare the profitability of all ASIC coins

How to install

1. Go to the “Add-ons” menu, and click on “Get add-ons”.

Get Add-ons Menu

2. On the Add-ons panel, search for “Spreadstreet”, click on “+ FREE” to install it.

Click on +Free to install

3. Choose under which account you want to install the Add-on.

Choose Gmail Account

4. Spreadstreet needs to connect to an external API, click on “Allow”.

Click "Allow" when prompted
Note on security: All add-ins within the store go through a review. This is a wonderful security measure, especially in the Crypto industry, which is rife with scams and hacks.

5. Make sure the add-on is activated in your sheet:

  1. Go to Add-on > Spreadstreet > Help
  2. Click on View in store , then click on Manage and check Use in this document:
Click "Use in this document"
Tadaa You are now able to use the =SS() function to pull in all sorts of amazing data within the cryptocurrency space.
Example =SS() usage

How to use for GPU-Mineable Coins

How does WhatToMine calculate profitability for GPU-mineable cryptocurrencies?
What is the calculation missing?
Get most profitable GPU coins
Call the function =SS(“get-stats-whattomine”, true) to return various stats from GPU-minable cryptocurrencies.
Example usage using the GUI:
Open the Add-in

Click “Add” to view the list of available APIs

Click on the “WhatToMine” icon

Click “Stats”

Click “Insert”

Click “Run”. This will paste values into the currently selected Cell, and save that in the main GUI for future retrieval

Example usage using the =SS() Formula:

=QUERY(A:W,”select A, T where T is not null order by T desc”) returns the most profitable GPU-minable cryptocurrencies.

How to use for ASIC-Mineable Coins

How does WhatToMine calculate profitability for ASIC-mineable cryptocurrencies?
What is the calculation missing?
Get most profitable ASIC coins
Call the function =SS(“get-asic-whattomine”, true) to return various stats from ASIC-minable cryptocurrencies.
Example usage:

=QUERY(A:W,”select A, T where T is not null order by T desc”) returns the most profitable GPU-minable cryptocurrencies.

Common issues and how to fix:

  1. Do not keep your sheet open at all time. This will prevent the rates from refreshing. The rates will auto-refresh each time you re-open your sheet.
  2. The add-on may not work right away on other old spreadsheets. You need to do this to activate Spreadstreet: Open the old sheet, click the menu Add-ons / Spreadstreet / Help / View in store, and then click Manage and in the dropdown menu click Use in this document .

RESOURCES

Download the add-in: https://spreadstreet.io/tools/google-sheets-add-in
Help: https://spreadstreet.io/docs
First time install and login: https://www.youtube.com/watch?v=aLjtPR4T2bg
WhatToMine Stats endpoint help: https://spreadstreet.io/knowledge-base/whattomine-api-get-stats-endpoint/

RELATED POSTS

Is Genesis Mining Worth it? A Genesis Mining Profitability Calculator You’ll Actually Use
How to Create an Ethereum Mining Calculator from Start to Finish
10 Statistical Price Predictions for 10 Cryptocurrencies
Bitcoin Madness: How to Simulate Bitcoin Prices in Google Sheets
submitted by 1kexperimentdotcom to gpumining [link] [comments]

WolfpackBOT - Fastest Trading Bot.

WolfpackBOT presents the industry's first innovative automated cryptocurrency trading console: WolfBOX. This most effective and elegant hardware component will allow traders to make full use of a bot subscription without having to use a VPS or a dedicated computer. WolfBOX includes a built-in hardware wallet and a modern RFID card reader to optimize ease of use and functionality. The WolfBOX emblem has beautiful built-in glowing eyes that will always let you see the green color in your successful trading results.

The innovative WolfpackBOT software is already pre-installed on the WolfBOX. On the very first launch of the WolfBOX, the client logs in using their credentials used when registering with the WolfpackBOT website. A customer-specific subscription can be purchased through the website and will be linked to a WolfBOX account.

X11 hash algorithm:
X11 is the most popular and widely used hashing algorithm, which uses a rare sequence of eleven scientific hashing algorithms to thoroughly test performance. This ensures fair distribution of processing, and the coins will be distributed in the same way as originally planned for bitcoins. Alorithm X11 is designed to make ASIC much more difficult to build and it gives the currency enough time to mature before mining centralization becomes a threat.

X11 is the name of the modern chained proof of work (PoW) algorithm, which was partially created on the Quark approach for chain hashing, adding even more “depth” and complexity due to a significant increase in the number of hashes. X11 uses several rounds of 11 different non-similar hashes and this makes it the safest and one of the most complex cryptographic hashes to date.


Website: https://www.wolfpackbot.com/
Whitepaper: https://www.wolfpackbot.com/Pdf/whitepaper_en.pdf
Links to social networks:
Twitter: https://twitter.com/TheWolfpackBOT
Facebook: https://www.facebook.com/WolfpackBOT/
Telegram: https://t.me/WolfpackBOT_Discussion/
Linkedin: https://www.linkedin.com/company/wolfpackbot-international/
Instagram: https://www.instagram.com/wolfpackbot/
Bounty0x username: rosopond


https://preview.redd.it/dzt5lo4r6qf21.png?width=766&format=png&auto=webp&s=f7e5511bb902a5c225519b1c085a4bc6e3ef273e
submitted by rossopont to Crypto_General [link] [comments]

Litecoin Finance / LTFN , a first hard fork of Litecoin / LTC

Litecoin Finance is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin Finance is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin Finance features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin Finance is a proven medium of commerce complementary to Bitcoin.

Litecoin Finance is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.
The Litecoin Finance blockchain is capable of handling higher transaction volume than its counterpart - Bitcoin. Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future. As a result, merchants get faster confirmation times, while still having ability to wait for more confirmations when selling bigger ticket items.
Wallet encryption allows you to secure your wallet, so that you can view transactions and your account balance, but are required to enter your password before spending Litecoin Finances. This provides protection from wallet-stealing viruses and trojans as well as a sanity check before sending payments.
Litecoin Finance is a CPU only mining algorithm called YescryptR32. Miners are currently awarded with 25 new Litecoin Finances per block, an amount which gets halved roughly every 4 years (every 840,000 blocks). The Litecoin Finance network is therefore scheduled to produce 94 million Litecoin Finance.
Litecoin Finance specifications: Name of the coin - LitecoinFinance Start fork block #1,550,000 Ticker LTFN Pow Algorithm: YescryptR32 P2P Port: 39328 RPC Port: 39327 Address letter prefix: C Multisig Address prefix: letter N Bech32 Address prefix: ltfn 2-way replay protection: Yes Maturity: 100 + 1 blocks Block maximum size: 8 mb Difficulty Re-target: Every block Maximum coin supply: 94m Network magic: a7b388e9 Postmine: 10m There is NO ICO

for more detailes visit -- > ltfn (dot) org
submitted by LitecoinFinance to u/LitecoinFinance [link] [comments]

Platform provides users with multiple investment opportunities and an exclusive crypto community that both learn and earn together.

https://medium.com/@acutecoin/the-acute-crypto-solution-called-acutecoin-3736c6284d19
THE ACUTE CRYPTO-SOLUTION CALLED ACUTECOIN Cryptocurrency has opened doors for different innovations in recent times and changed the way the world envisions, imagines, and thinks finance. One of the greatest cryptocurrency revolutions to occur is the entrance of the new cryptocurrency ICO coin, AcuteCoin. AcuteCoin is made up of a team of cryptocurrency traders, effective miners and highly informed blockchain technology consultants, making its ICO the forerunner of the most productive idea in the blockchain world. The AcuteCoin team instituted a collection of professionals from every aspect of the industry to ensure that they achieve the highest degree of success in company with serving you better. AcuteCoin is a multi-platform investment opportunity which offers investor myriad of investment potential. Our lending platform has many benefits beyond lending. Away from the regular crypto-lending, the coin also allows you to earn revenue through mining, trading, buying, and selling of Bitcoin and Altcoins.
WHY ACUTECOIN IS A DIFFERENT MACHINE Income Sharing AcuteCoin members will enjoy the benefits of sharing in the overall growth of the platform. The operations will establish physical mining operations within an economically friendly environment. The AcuteCoin team will be accumulating and managing a cryptocurrency portfolio with a focus on small cap coins and tokens with the greatest potential. The income earned from these efforts will be shared amongst the members of AcuteCoin community.
Security Our cryptocurrency offers an ICO built on the Litecoin concept on which POW, POS with x11 algorithm have been installed. These security features are preventative measures from theft or duplication and are based on cryptographic protocols that are extremely difficult to breach, giving you a complete assurance that your investment is safe with AcuteCoin. The developers of AcuteCoin place high sensitivity on functionality to ensure the highest level of security for its investors.
The Merchant Debit Card Idea AcuteCoin is not built for the sole purpose of lending; instead, it offers its users a debit card platform setup to serve other cryptocurrencies thus allowing other income streams within the community. Your income is not limited to AcuteCoin, the ICO provides users a broad horizon to earn from anywhere and everywhere.
Social Interaction To ensure a marketplace where users interact, meet and trade, AcuteCoin integrates Social platforms into its design system to ensure ease of access to user accounts and quick access to support. Now you can deal with real people, with whom you can connect to share investment possibilities and strategic trading ideas.
Ease of Use The AcuteCoin platform is fortified with a mobile cryptocurrency exchange APP which will be attached to the post-ICO AcuteCoin Debit Card. Users will have access to the mobile cryptocurrency exchange APP enabling the AcuteCoin members to trade and transfer profits to their debit card. The debit card allows users to spend, earn and much more.
Exciting Games and Rewards AcuteCoin will offer exciting games within its member’s area allowing users to play and earn AcuteCoin’s. Our gaming platform allows you to have fun while earning rewards in AcuteCoin coins. Additionally, there are several ways in which you can earn profits as an AcuteCoin member. Trading, Buy and Sell, AcuteCoin Affiliate & Bounty Programs, Cryptocurrency Portfolio, AcuteCoin Staking, Mobile Crypto Currency Exchange and Debit Card service provider, you can earn so much more than you imagined possible.

cryptocurrency #blockchain #xac

submitted by AcuteCoin to icocrypto [link] [comments]

REAL LEGIT and PRO Ekrane - a platform for providing services in all mining process

Ekrane - a platform for providing services, for working with the use of cloud mining, PoS -forging mining and browser-based mining.

Fundamental crypto-business : Cloud mining, Masternode, Browser mining, Mining-mix

The legal side is the company EGALITY (LMD), technical development - E-GAME (AVG).

Ekrane - implemented as a multifunctional tool, a unique service for business, with a user-friendly interface and a simple management model.

The goal of the development was to simplify the provision of services in the field of cryptichesh extraction with available methods and to unite into a single mechanism, in the form of a business building strategy, accessible to each participant of the process.

Equipment:
Rental capacity.
Now Ekrane not only leases the computing power of a hasht for bitcoin, litecoin, ethereum and other complex algorithms, but also invests in the power of partners to increase the flow of profits.

At the moment, we are expanding the spectrum and increasing the capacity of cloud-based crypteshesh, using a hash lease in special cloud services, accumulating power in their data centers and farms. This is a new model of earnings, which creates groups (mining pools), with one goal: to get more revenue, in comparison with the usual distributed mining, due to the equipment management by the contractor, the technical and software components.

The capacity rent spectrum is directed to special crypto-currency farms, which are computer complexes with a large number of ASIC-devices united into a single computer network of algorithms.

Contracts for cloud mining with services: Lifetime Technology (Thailand) Co. Ltd (cryptominingfarm); (Flymining); (Eobot); (Bits2u); (Hashing24); (F2Pool Discus Fish); (BWPool) allow you to provide rental and power purchase services, under the algorithms SHA3, SHA256, Scrypt, Scrypt-N, X11, X13, X15, accumulated data centers and farms.

You can apply for a loan to purchase hashrate power (the maximum size is 0.01 BTC) or a loan for the Masternode investment (maximum is 0.03 BTC).
The loan period - until maturity, the interest rate is fixed and amounts to 12%.
Loans have a designated purpose and can be used to purchase or increase the power of a hashrate. After the loan is issued, the funds must be used as intended within a period of not more than 168 hours from the moment of registration, otherwise the loan amount and interest will be withdrawn from the wallet for purchase balance and the loan service will not be available in the future.
Repayment of the loan is as follows: for any accruals to your wallet for payouts, 50% of the accrued funds are automatically withdrawn in order to repay the loan. Withdrawal of funds will be stopped after the loan amount and the discounted interest rate has been fully repaid (12%).

Loans are available only to users who used the starting hashrate power of cloud mining. The user can not make more than one loan at a time. The next loan is possible only after the full repayment of the previous one. Be careful, activate the credit limit only for the use of funds for the intended purpose. Be careful, activate the credit limit only for the use of funds for the intended purpose.

The minimum deposit amout:
- For Rent: 0.0075 BTC.
- For Purchase: 0.05 BTC.
- For Masternode: 0.1 BTC.
- For Mining-mix: 0.002747 BTC.
The minimum payout amount: 0.0015 BTC.

Referral program depending the Level:
- Partner-Mining: 2.5%+1.5%+1%+0.75%+0.5%+0.25%+0.2%+0.15%+0.1%.
- Partner-Invest: 6%+4%+1.5%+1%+0.5%+0.4%+0.3%+0.2%+0.1%.
- Partner-Masternode: 5%+2.5%+1%.

The fee is fixed and amounts to 1000 satoshi per partner. Charging is carried out on the wallet for withdrawal.
Under the terms of the program, all invited partners must be active:
- activation of the account is obligatory by confirmation by email;
- activation of the bonus capacity of cloud mining in the "Base" tab is mandatory.
Payment methods: Bitcoin.

START HERE AND BE A REAL PROFESSIONAL of Mining:
https://ekrane.net?reg=bevzeogwepcfdhx
submitted by Ninobrown998 to u/Ninobrown998 [link] [comments]

Litecoin Finance / LTFN , a fork of Litecoin / LTC

Litecoin Finance is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin Finance is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin Finance features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin Finance is a proven medium of commerce complementary to Bitcoin.

Up-to-date network statistics can be found at Litecoin Finance Block Explorer Charts. Source code for Litecoin Finance Core and related projects are available on GitHub.

Litecoin Finance is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.

The Litecoin Finance blockchain is capable of handling higher transaction volume than its counterpart - Bitcoin. Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future. As a result, merchants get faster confirmation times, while still having ability to wait for more confirmations when selling bigger ticket items.

Wallet encryption allows you to secure your wallet, so that you can view transactions and your account balance, but are required to enter your password before spending Litecoin Finances. This provides protection from wallet-stealing viruses and trojans as well as a sanity check before sending payments.

Litecoin Finance is a CPU only mining algorithm called YescryptR32. Miners are currently awarded with 25 new Litecoin Finances per block, an amount which gets halved roughly every 4 years (every 840,000 blocks). The Litecoin Finance network is therefore scheduled to produce 94 million Litecoin Finance.

Litecoin Finance specifications:
Name of the coin - LitecoinFinance
Start fork block #1,550,000
Ticker LTFN
Pow Algorithm: YescryptR32
P2P Port: 39328
RPC Port: 39327
Address letter prefix: C
Multisig Address prefix: letter N
Bech32 Address prefix: ltfn
2-way replay protection: Yes
Maturity: 100 + 1 blocks
Block maximum size: 8 mb
Difficulty Re-target: Every block
Maximum coin supply: 94m
Network magic: a7b388e9
Postmine: 10m
There is NO ICO

Announcements
Bitcointalk.org -https://bitcointalk.org/index.php?topic=5086601.0
Bitcoingarden.org - https://bitcoingarden.org/forum/index.php?topic=60782.0
Cryptocurrencytalk.com - https://cryptocurrencytalk.com/topic/115155-ann-~-cpu-mining-~-fork-of-litecoin-~-🎁-litecoin-finance-ltfn-🎁-bounties/
Git source - https://github.com/litecoinfinance/litecoinfinance
Explorers - http://explorer.ltfn.org:3001/
Official Mining pool - http://pool.ltfn.org/
Twitter - http://twitter.com/LitecoinFinance
Telegram - http://t.me/LitecoinFinance
Discord - https://discordapp.com/invite/vtCFvTb
submitted by LitecoinFinance to u/LitecoinFinance [link] [comments]

BITPOWER ANNOUNCES HASHLOFT.IO: MULTI-ALGO MINING POOL

We are pleased to announce HashLoft (https://hashloft.io/) which is open for users all around the world. Bit Power International Inc.(BITPOWER - https://www.bitpower.io) has invested significant resources into developing the most efficient, AI & ML driven Multi-Algorithm Mining Pool. HashLoft currently supports SHA-256, SCRYPT and X11 algorithms, with many more to come.
Hashloft’s unique and user-friendly DeversiPay™ payout system, easily allows payouts to be received in Bitcoin, Bitcoin Cash, Litecoin, DASH, and many other popular coins by having a fraction of your income distributed across several cryptocurrencies.
HASHLOFT.IO IS CONNECTING THE WORLD
Soon we will have optimal geo-distributed mining pool with connection points deployed around the world to improve performance, provide redundancy, and ensure the highest levels of uptime are met. Miners will be automatically routed to their closest geographic location, including:
• United States • Europe • …and more to come
FEATURES
HashLoft provides a special Multi-Algo mining pool which creates the ability to mine any cryptocurrency coin from the most popular hashing algorithms.
HashLoft’s flexible platform delivers both public and private pools for enthusiasts and mining farm operators with capabilities ranging from: • Best in class, User-Friendly Pool Management and Control system • Advanced AI and ML-driven logic allowing extraordinary coin hopping efficiencies • A unique payout system allowing fractional multi-cryptocurrency distributions in the coins of your choice • Best-in-class support for ASICs (GPUs is coming in the nearest future) of different vendors and hashing algorithms • Graphical displays for hashing speeds, income and pool statistics. • Up to 3% fees and PPS earnings.
Pool Registration, Support, & Ticketing System
HashLoft is a VIP, by request, member’s only pool. Interested parties are able to request membership by submitting the Private Registration Request form located on the HashLoft.io website. Upon successful verification and user validation by HashLoft’s Security Team, the user will receive multiple e-mails with the requisite HashLoft credentials. Please note that each HashLoft account request is manually vetted and reviewed by our Security Team prior to being accepted.
HashLoft provides fanatical support delivered by Real-People!
Your feedback is important for us to develop and improve our products. Ticket page: https://support.bitpower.io
Getting Started
In order to start mining you basically need just two things, create an account with our pool and setup your miner.
1. Sign-up for a new account • Sign-up (https://hashloft.io/pool_new/signup) and wait for a confirmation email. • Login (https://hashloft.io/pool_new/login) to your account.
2. Configure Your Device In order to mine on HashLoft, your miner(s) must be pointed to one of HashLofts stratum servers below and user credentials for your account have to be specified.
HashLoft currently supports several distinct endpoints that support Coin-Switching.
• Coin-Switching – leverages HashLoft’s proprietary AI/ML coin-hopping algorithm to automatically mine the most profitable coins at a given time, within a specific cryptographic hashing algorithm. HashLoft users can easily leverage this technology by selecting the appropriate crypto algorithm supported by their miners and HashLoft will generate the connection endpoint.
o Scrypt o SHA256 o X11
2.1 Click on the Settings page, in the top, left corner of the HashLoft website, as shown below:
https://preview.redd.it/6zon51v3rpw11.png?width=1496&format=png&auto=webp&s=0ca045eb211a59f2d8855922f197788be705613c
2.2 Scroll to the “ENDPOINTS” section located towards the bottom of the page. To leverage HashLoft’s proprietary AI/ML coin-hopping algorithm to automatically mine the most profitable coins at a given time, as a first step, select the appropriate cryptocurrency algorithm supported by your miner, by selecting the algorithm from the drop-down box shown in step 2 below. As an example, for Bitmain AntMiner S9 select SHA256, for Bitmain AntMiner L3+ select Scrypt, for Bitmain Antminer D3 select X11, etc. The final step is to click on the “Generate Endpoint” button.
https://preview.redd.it/qtoxxcp7rpw11.png?width=1473&format=png&auto=webp&s=2fc3d6564a9f4e06b3b44f7bd05035d65ff80c22
2.3 A similar popup screen will appear with the Login, Password, Algorithm, and URL details that you will need to use when configuring your miner(s). PLEASE NOTE: The above image is a representation and does not contain your actual configuration.
https://preview.redd.it/8h47eccbrpw11.png?width=504&format=png&auto=webp&s=611962a208d7d9ad8c715415f58016d21ecbbe41
NOTE: The above image is a representation and does not contain your actual configuration. NOTE: The password can be an arbitrary text since there is no security issue present here. If someone tried to connect to our servers with your credentials, he would be just mining for your benefit.
3. Setup your payout address To collect your reward you have to set a payout address. It can be done through the Wallet section of the HashLoft pool. The Wallet section allows you to configure multiple wallet addresses for payout, set coin for payout, set payout proportions, and/or withdraw currently mined coins in their present currency without any exchange.
If you don’t have an address, you need to get a bitcoin wallet first:
• bitcoin.org • bitcointrezor.com
To define a wallet address for a specific cryptocurrency, click on the “Define New Payout Wallet” button, select the desired cryptocurrency coin, input your wallet address, and set the desired payout proportions. After all settings have been verified, press the “Save” button.
Screenshots Main Dashboard - Many professional miners call HashLoft Multi-Algorithm Mining Pool as one of the simplest and most user-friendly Pools!
https://preview.redd.it/9rngyskbspw11.png?width=994&format=png&auto=webp&s=7087a01c55ff9a25b1f4e93a27fb628673aa5cba
Payouts/Wallets - Hashloft.io provides the ability to mine any cryptocurrency coin from the most popular hashing algorithms and allows you to configure multiple wallet addresses for payout, set coin for payout and set payout proportions!
https://preview.redd.it/hv3obszdspw11.png?width=994&format=png&auto=webp&s=31ec75d9a93e5f7a051d95a8713b94f83da7d9fc
submitted by HighClouder to u/HighClouder [link] [comments]

Mining Allocation Explained. If you found this post useful, use my code: D1KsgV

Hi Guys,
So I've invested a bit of money into Genesis mining and was always wondering how the mining allocation worked, after reading about it on various forums and emailing the company directly I've finally figured it out. I wanted to share my findings for the benefit of this community.
One of my purchases was 10 TH/s of BTC on an open ended contract. I wanted to know based on the fees and all what sort of profit I would get mining Dash (Auto). The Auto on any of the allocation pages is explained by the excerpt from the FAQ page from Genesis mining:
By default all hashpower is allocated to BTC for all algorithms, and hence you will receive your payouts in BTC. The Genesis Mining Advanced Auto-Trader (in short “AUTO”) will apply to algorithms which cannot mine BTC directly. If you are interested in mining different cryptocoins, you can do this as well. In the user interface go to “Mining Allocation” and choose the hashpower allocation that is best for you. When you are done press “save allocation”.
The question I had was with my 10 TH/s using the sha256 algorithim what sort of speed would I get by mining Dash (Auto). Effectively when you allocate any percentage to Dash (Auto) from your allocation page, you will receive Dash coins, not BTC. After mining this for 24 hours, I received 0.03966727 Dash coins.
I had to tinker around a little with the Mining Profitability Calculator
But I managed to find out that I can get 0.03964 Dash per day with 230 MH/s. Which is pretty close to the amount that I was able to mine with my sha256.
So what does this all mean? Well if I mined my daily BTC I was making about 0.00290866 BTC per day, which with a price of $2,613.87 per BTC equates to $7.60 per day (this is after their costs). If I allocated 100% to Dash I mined 0.03966727 per day, which equates to $7.36 per day with a Dash price of $185.46. The difference isn't that much, and is likely to fluctuate.
I decided to stay with BTC with my allocation, and purchase seperate Dash contracts.
tl;dr 10TH/s BTC open ended sha256 contract allocated to 100% Dash(Auto) produces a equivalent 230 MH/s rate.
A general explanation below, from the Genesis team:
On our mining allocation screens we have coins you can mine directly and those that you can not but you can get payouts in them if you wish. Those coins are marked with AUTO beside them. Auto means autotrade.
I will give you a general explanation of all of your mining options (it will also include explanation for the currently sold out contracts, for your future reference):
With Ether contracts, ETH and ETC can be mined directly. As BTC, ZEC and REP are not mined directly they are labelled (AUTO) so if you assign hashpower to them the following happens: ETH coins are mined and traded at payout time to the coin of your choice.
With Monero, only XMR can be mined directly. All other coins will be autotraded.
With a SHA 256 contract, Bitcoin, UNO and Zetacoin can be mined directly and if you want to have a payout in for example LTC or Doge, then you would assign hashpower to LTC (AUTO) and Doge(AUTO). How it works with a SHA 256 contract is as follows. WIll give an exampe with LTC (AUTO). When you allocate hashpower to LTC (AUTO) Bitcoin is being mined and then at payout time we autotrade the Bitcoin to Litecoin at the latest LTC/BTC exchange rate and then pay out Litecoin to a Litecoin wallet.
With the x11 the following coins can be mined directly: START and DASH. All other coins (BTC, LTC, DOGE, XMR…) will be autotraded, meaning: the mining will be in more profitable coin between START and DASH and then will be autotraded (all coins having AUTO next to the name) on the market with our autotrader to the chosen coin.
With the LiItecoin (currently sold out) contract the following coins can be mined directly: LTC and DOGE. All other coins (BTC, DASH and ZEC) will be autotraded.
Wth the Zcash (currently sold out) only ZEC can be mined directly. All other coins (BTC, ETH) will be autotraded, meaning: the mining will be in ZEC and then will be autotraded (all coins having AUTO next to the name) on the market with our autotrader to the chosen coin.
If you allocate hashpower to any other coins other than the ones in initial setting, then you will get a payout in these coins - that means you will need a wallet address for them coins (for example, a doge wallet for doge, a litecoin wallet address for Litecoin etc.)
Go to your account and under Mining allocation select your contract and see all your options there. If you make adjustments, don't forget to click Save allocation.
You'll have to select your contract first every time, to see your current allocation.
Hope that is helpful! Happy mining guys.
submitted by chiRal123 to GenesisMining [link] [comments]

Dash X11 Mining Profit Comparison 30th October 2017 What are the cryptocurrency mining algorithms? CryptoNight, X11, and DaggerHashimoto How to Mine Bitcoin with Genesis-Mining.com $7,000 Miner Review  Spondoolies SPx36 X11 DASH Miner ... X11 Mining Profitability - Antminer D3 vs iBeLink DM22G vs Innosilicon A5 Dash Miner

Accounts that are inactive for more than one year may be locked and all funds moved to cold storage. Funds in cold storage may take 1-3 days or more to be made available. Accounts that are inactive for more than 1.5 years will be completely removed. Any assets remaining in the account at the time of removal will become the property of Multipool. Bitcoin Cloud Mining List – Other Companies. We relly like HashFlare – this company offers a new range of cloud-mining services brought to you by cryptomining experts. You can mine bitcoins via SHA-256 or Scrypt protocol. If you buy over 1000$, you can use our promo code for a discount. Update: out of stock [oct 10, 2020]. Miningcity.com is a project connected to the well known BTC.com ... Yes, you can hire a miner for each type of algorithm these days and mining rental is very popular especially for sha256, scrypt, x11 and x13 algorithms because these coins are ASIC removable coins and ASIC miners are expensive and difficult to operate. find hardware. unless you have a friend in China and / or Taiwan. The rentals are not very expensive, but they are expensive to mine Bitcoin ... While GPU mining is usually the death of CPU mining, the X11 algorithm does not give the GPUs a large advantage over CPUs. These are instructions to CPU mine X11 algorithm coins on a pool with Windows 64-bit and have the coins deposited to the client/wallet on your computer. These instructions will work on all X11 coins, you just need to get the wallet for your coin. CLIENT INSTALL – The ... Purchasing X11 cloud mining hashrate from Genesis Mining will allow you to mine Dash (the former DarkCoin), Startcoin or to mine the most profitable of these two and automatically convert to Bitcoin (BTC) with more X11 coins to be available soon as well. Furthermore there is a loyalty program giving 5% discount off the regular prices mentioned above on X11 cloud hashrate for everybody that ...

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Dash X11 Mining Profit Comparison 30th October 2017

Spondoolies is a veteran ASIC cryptocurrency miner manufacturer and their latest public release of the Spondoolies SPx36 shows that they can compete with the... This little room was handling 180 GPUs in the summer, but since its winter I moved some home for the heat. If you are asking, at its peak it was 3 rolls of t... Disclaimer: The views expressed are solely mine and I do not hold any responsibility for your actions. I am not a financial advisor and this is not financial advice . Investing in cryptocurrency ... D3 ,A5 Dash x11 Mining is it worth it PLEASE WATCH THIS VIDEO BEFORE INVESTING IN ASIC MINING HARDWARE FOR DASH X11 EW MINER FOR DASH ANTMINER D3 bitcoin bitcoin wallet bitcoin mining crypto ... Handy PDF version of the guide: http://blog.cryptocurrencygear.com/d3-guide Advanced IP Scanner - http://www.advanced-ip-scanner.com/ Nicehash D3 setup guide...

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