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Showing posts with the label IFTTT

I read the entire Bitcoin whitepaper so you don't have to (but you should!)

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Hey all! So what is in the Bitcoin whitepaper?It is supposed to be a "Peer-to-Peer Electronic Cash System". It's a system meant for payments and exchanging value.IntroductionThis is the rationale of the whole thing: third parties seek rent on your transactions, so lets cut them out, so that transactions are cheap. They are also irreversible, so merchants/services are more protected in this system.This is achieved by combining a chain of digital signatures with computing power invested into proof of work.\2. TransactionsThis is the first half of the equation.Say you own a coin. To spend it you need to digitally sign, with your private key, that you want to spend it.This ensures a number of desirable properties. No one other than you can spend your coin. The coin can't be spent twice.\3. Timestamp ServerEvery 10 minutes or so the system as a whole batches the transactions that happened in those minutes into a block and finalizes them. None of the transactions that are ...

Old people have always been afraid of new tech

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Crypto is still pretty fresh considering it's been around for a decade. New payment solutions are being developed on different block-chains as we speak and people are still finding new ways to use the tech.Is there something history have learned us, is it that old people have always been sceptical about new tech. Back when internet arrived. They said it would never gain momentum and will be gone in a short period of time. They said the same about email as well. It was too complicated and difficult to use.I dont believe crypto is any different for these old and outdated leaders. It's always been like this. They dont do the research. When the tech gain momentum it often change our very way of how we connect with each others.I still believe crypto is just getting started. We have only seen fractions of the potiential of crypto so far. via /r/CryptoCurrency https://ift.tt/3y3pfXI

Arguments for the pros of blockchain and crypto

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So I was reading a post over on /r/programming and it was just ripping into blockchain tech/crypto, and pretty much every comment on there was full if the same sentiment. Mainly saying it has no use cases, its all a big scam, the blockchain doesn't actually serve a purpose, its killing the planet etc.Thing is I've seen this same kind of post over and over on other subs, be in finance, tech, legal advice etc.Sometimes I do try and point out all the good things, but its hard to argue sometimes especially on the more popular subs as you tend to get shouted down and voted out of existence.Who's got some good simple, one or 2 line plus points we can you to show people the advantages of the crypto/blockchain space, the simpler to understand the better.Let's help each other spread the word! via /r/CryptoCurrency https://ift.tt/3pzhWn0

5 cryptos in the top 50 that no one here talks about

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We all hear about ALGO, CRO, VET etc.So here’s 10 cryptos in the top 50 that no one talks about in this sub.AVALANCHE (AVAX)WEBSITE ROADMAP WHITEPAPERTRON (TRX)WEBSITE WHITEPAPERELROND (EGLD) WEBSITE WHITEPAPERHEDERA (HBAR) WEBSITE ROADMAP WHITEPAPERTEZOS (XTZ) WEBSITE WHITEPAPERDisclaimer: 1. These aren’t ranked in any way. 2. I have decided not to write anything but just to provide resources for you to research yourself. This is not a shill. via /r/CryptoCurrency https://ift.tt/3y7a7bV

No surprise Ubisoft is straight onto this trend, anything to charge players more money after all.

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https://ift.tt/3DCdXe9 via /r/CryptoCurrency https://ift.tt/3Itdoap

8ight Finance, an OHM fork on Harmony who promised to give money to the people affected by the Snowdog DAO rug pull, just got hacked and lost $868k from its treasury

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8ight Finance was an OHM fork on Harmony, it had promised to give people affected by the Snowdog DAO rug pull free money.Yesterday they anounced on their discord that their private keys had somehow been compromised. These resulted to the hackers getting access of the contracts and being able to withdraw $868k (in stablecoins) from the treasuries.First transaction: 490,170 DAI https://ift.tt/3dr5Czs transaction: 378,417 DAI https://ift.tt/3EADfL0 transaction: 12,362 USDT https://ift.tt/3lIIKjk don't really know how the keys were compromised. There is a rumor that the keys got leaked because a dev accidentally posted them on github, although I could not verify this by going through the project's github page, so it's probably false. Other people believe it was just a rug.They posted a "recovery plan" today, saying that they'll just make another OHM fork, this time on Avax, and they'll airdrop it to all 8ight holders.8ight's price has currently fallen 75%...

The ultrarich made their fortune by destroying the planet, but they're suddenly concerned about climate change when it comes to crypto?

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We always knew that game was rigged, but now they are laughing at us straight to our faces.Every single billionnaire, ultrarich and big institution have made their fortunes by destroying the planet and pillaging it's ressources, often without paying their dues to the very population they claim to serve. Banks invest your deposits into mining companies that don't care about their social impact, pensions funds are buying oil fields, hedge funds is speculating on basic commodities like rice, flour and even water...But now that we are trying to fight back and claim a piece of the pie, everyone is suddenly concerned about carbon footprint! Just a few days ago, Hillary Clinton, whose personnal fortune is estimated to be over 110 millions USD, claimed crypto is bad for the planet. You know what else is bad for the planet, Hillary? Private jets and McMansions like yours.It's not even just the rich anymore. Some friends of mine have two SUVs in front of their houses and travel twic...

This N That on the Crypto Crash

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Why are only 1000 people talking about it? Why aren't the rest 3.9 million + users not posting about the crash too?It's not a dip anymore, it's a goddamn crash!How will we all get to know that it's a crash unless we all put up individual posts on it?I've been seeing a lot of "When in doubt, zoom out", what I don't understand, is what my camera lens feature has anything to do with the red on my portfolio!And people are making such nonsensical claims that market correction is healthy, such BS should not be tolerated at all. Crypto charts should just be filled with a steep, straight, green line going upwards. I mean, isn't crypto all about 100x and "To the Moon!"?Jeez I swear, who looks up the historical charts to understand the growth of crypto despite multiple "crashes" over the years when we can just keep whining about the crypto we bought at the peak of a major bull run? Especially when there was a lot of anticipation about a ...

South Korean steel giant POSCO has put ICONLOOP's DID verification system to work at its hub offices in Seoul. The system runs on ICON's blockchain and uses ICX.

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https://youtu.be/5gzsKWvkO7A via /r/CryptoCurrency https://ift.tt/3IqkBrz

Self-Described Bitcoin Creator Must Pay $100 Million in Lawsuit

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https://ift.tt/3DzeIVj via /r/CryptoCurrency https://ift.tt/3xY0GM5

If you get $49k to buy to dip/crash, which coin would you buy now?

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Let's pretend you've got $49k spare fiat to spend on the crypto dip (or crash, depends on view), in which coin would you spend it, how much and why?I know that most of us wish to buy the dip, but we don't have any fiat left to buy.Current prices now are (12/06/2021 20:00 UTC):Bitcoin BTC $49,111.01Ethereum ETH $4,196.94Binance Coin BNB $571.66Solana SOL $189.84Cardano ADA $1.37XRP XRP $0.7977Polkadot DOT $27.30Terra Luna LUNA $62.92Dogecoin DOGE $0.1745Avalanche AVAX $90.49SHIBA INU SHIB $0.00003532Polygon MATIC $2.16Crypto com coin CRO $0.5589Algorand ALGO $1.72Litecoin LTC $154.03Uniswap UNI $16.59Tron TRX $0.08512Chainlink LINK $18.42Stellar Lumen XLM $0.2719VeChain VET $0.08737Elrond EGLD $279.94Cosmos ATOM $23.30 via /r/CryptoCurrency https://ift.tt/3xZQ27j

Crypto culture hitting mainstream through movie 🍿

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Anyone plan to snatch one of these collection when they release? I imagine this might be how crypto culture hit mainstream, everyone loves a good story, and if the producer nail the origin story of ethereum and the movie become a big hit like “the social network”, there will be tons more people coming into the space. Me personally get deep into crypto after reading more about the origin story of ethereum and bitcoin, before that I just think about jt as magic internet money. A origin story is the the DNA of crypto culture via /r/CryptoCurrency https://ift.tt/3Ey68rj

I know the real reason for this Dip | Market-manipulation at it finnest

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After a long good DD, I think I finally found the one who is manipulating the market for the at least the last year.I think a lot of you saw this"MEME"in the past few days.At first, I also found it funny. The first time I saw it we were still in the Green everything was fine. People made arrogant jokes to MC like that we don't need to work there and so on.Now you will say c'mon this is just a harmless meme, but did you know this is at least the second time they are doing this?In June after our first "crash" this year, they also tweeted this. This seemed like a really nice gesture from them. Like showing us that they care for us. That they are here for us in these hard times. But what if this was just a big show from them to gain something bigger?But what do they want?On the first November, they released an NFTright some Days before BTC reached a new all-time high.Coincidence I think not? Can't you see the bigger picture?So after MC pretended to care for...

No, the U.S. Governent nor Joe Biden are Mining Bitcoin at the White House

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Someone posted this article (and gained much attention), which claims that Joe Biden and his Government would be mining Bitcoin.While that would be kinda ironic, in reality the media is taking things out of context:The White House adviser said that Bitcoin mining is booming in the United States, never was the Government mentioned, the article is taking this out of contextWe do not need to post obvious misleading stories, it just makes us look bad while the true adoption happening is being ignored via /r/CryptoCurrency https://ift.tt/3duWwl6

Yellen Waives Non-Custodial Crypto Protocols From New Reporting Standards!

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https://ift.tt/302IvIw via /r/CryptoCurrency https://ift.tt/31BaPCp

Question:

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So I’ve paid attention to crypto for a while but never really got into. Over the last few months I’ve been throwing some money at it and such. But now I’ve got a decent-ish portfolio, I was wanting to just start throwing a little bit of money here and there at some alt coins. I can’t do that in Coinbase though. So I was wondering what platforms do you use or what process do you have to go through to buy these alt coins with minimal fees? Last time I tried doing anything with Coinbase wallet it was wanting to charge like $600 in mining fees for a $100 transaction/swap. Obviously not doing that. I’ve heard some stuff about pancake swap or something. But other than that I just need a platform to buy some alt coins with minimal fees. I currently have a Coinbase wallet and Trust wallet. via /r/CryptoCurrency https://ift.tt/32ZexGl

It’s insane how people can complain about crypto price action when “grandpa BTC” the past year is up more than the S&P 500 the past 5 years…

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People are WAY too focused on getting rich quick, it’s so frustrating to watch.It seems like most people here don’t realize how they’re participating in a once in a lifetime type of investment opportunity.To my knowledge there has never been a greater vehicle to perpetuate the transfer of global wealth. There are 56.1 million millionaires in the world according to a recent survey by Credit Suisse. (There’s probably many more that aren’t accounted for)There will only ever be 21 million BTC created. (The actual accessible supply number is probably closer to 17-18 million cause there’s an estimated 3-4 million BTC lost forever from the early days). Just doing the basic math and you can see that not even every millionaire will ever be able to own a full BTC in the future. That’s insane when you think about it.That’s just BTC, crypto as an asset class is designed to be scarce. ETH is now deflationary for example (it’s not far fetched to assume that others will follow ETH’s lead if the burn...

Why Spell is going to be the next CRO

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Go ahead and look at my posting history, I have been shilling CRO since it was 7 cents.Spell Is the next serious non meme altcoin 10x and here is why.Spell is the revenue share token of rhe Abacadabra Platform.Abracadabra is a lending protocol that mints the mim “magic internet money” stablecoin.What makes abra different? Abra lends you deposit assets that are already yeilding, such as LPs or yearn staked Eth.Additionally, they will via the protocol use borrowed money to buy more asset, allowing you to leverage your yeild farming for massive gains.The fees accrued go to buyback spell and give to spell stakers.Coinbase just announce this token will get a listing on CB pro. Meaning the app is likely not far behind. After that, CDC? Binance? Who knows. Now is probs the last chance to get it under 5 cents imo.You can also farm it on most major defi chains. via /r/CryptoCurrency https://ift.tt/32Z1fJX

Decentraland is the new Patron member of Blender Development Fund

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https://ift.tt/3lFU8N4 via /r/CryptoCurrency https://ift.tt/3y1eUMf

Bitcoin Stabilizes Near $50K Support After Weekend Sell-Off

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https://ift.tt/3pzMHYQ via /r/CryptoCurrency https://ift.tt/3lHe3eG