Ethereum

Enceladus Beta Starting Friday!

Enceladus Beta Starting Friday!
Hey Everyone! We haven't posted in a while, I've had my head to the ground building most of the winter. And now we're at a pretty exciting milestone, our first real beta test.
Enceladus is a retro text-based RPG with millions of items to craft or collect, thousands of enemies to fight, and many places to explore. It draws inspiration heavily from permadeath roguelikes and MUD style games, where you log on with a friend and pit yourself against mist wolves, ether mites, or skora raiders, but with a twist.
The biggest enemies are walking around with Ether, as in Ethereum, which is fully integrated into the game client. So taking down that legendary vampiric skullbinder shaman will earn your team actual crypto, that you can withdraw. It's a 100% free, with no ads or monetization. All donations go straight back into the game pool.
I've been working on this by myself for about a year now, some of you might remember my earliest updates in the weekly threads.
If that sounds at all interesting to you, reply to this post, and I'll pm you a beta key. There's currently about $200 of Ethereum in the game, and the server goes live Friday at 5pm MST, for two weeks. We'll see how it goes lol!
Please feel free to ask any questions about my process, vision, the game itself, whether it's all really an elaborate scheme to run bitcoin miners in your browser(no, it's not), or anything else that comes to mind. I'm really excited to see how many people we can get in the game at one time, and how well my server does.
\The server is written is nodeJS, and the client is using an early implementation of web components called polymer, the server is comprised of about 135,000 lines of code. It's not pretty :P**
Here are some screenshots!
https://preview.redd.it/gmnkr1xdx3m41.png?width=2208&format=png&auto=webp&s=050a389b183818d2523ece8908dd73385958a477
https://preview.redd.it/xv67z2m5x3m41.png?width=1658&format=png&auto=webp&s=b375cadcae9d59f92e00f8c983199f061fa9276d
https://preview.redd.it/akj1q3m5x3m41.png?width=1802&format=png&auto=webp&s=cdc5329c2b36a6e32ebc086257d01237ed5c6f3f
https://preview.redd.it/klj05ll5x3m41.png?width=1940&format=png&auto=webp&s=98bc6bd3969d7e12449d831e9927cc2160719389
https://preview.redd.it/z3nrhkl5x3m41.png?width=1608&format=png&auto=webp&s=b1f812c14fa8cc357fd976d2c4772a8e4cb0859b
https://preview.redd.it/42l9z3m5x3m41.png?width=1680&format=png&auto=webp&s=51f9c8828933e9363a8f17c4a7c124407862f109
submitted by itchykittehs to roguelikedev [link] [comments]

Enceladus Ether RPG Beta Test!

Enceladus Ether RPG Beta Test!
Hey Everyone! We haven't posted in a while, I've had my head to the ground building most of the winter. And now we're at a pretty exciting milestone, our first real beta test.
Enceladus is a retro text-based RPG with millions of items to craft or collect, thousands of enemies to fight, and many places to explore. It draws inspiration heavily from permadeath roguelikes and MUD style games, where you log on with a friend and pit yourself against mist wolves, ether mites, or skora raiders, but with a twist.
The biggest enemies are walking around with Ether, which is integrated into the server in an offchain mode, but integrated into the client in an onchain mode. So taking down that legendary vampiric skullbinder shaman will earn your team actual crypto, that you can withdraw. It's a 100% free, with no ads or monetization. All donations go straight back into the game pool.
I've been working on this by myself for about a year now, as an experiment to explore how Ethereum could be integrated into games in the future, I'm certainly not a dev shop, just a guy that always wanted to build a game, and decided this way the perfect excuse to try.
There's currently about $200 of Ethereum in the game, and the server goes live Friday at 5pm MST, for two weeks. The pot runs entirely on donations, there's no pay to win crap, but if you die, you do lose any ether you were carrying around. We'll see how it goes lol!
Please feel free to ask any questions about my process, vision, the game itself, whether it's all really an elaborate scheme to run bitcoin miners in your browser(no, it's not), or anything else that comes to mind. I'm really excited to see how many people we can get in the game at one time, and how well my server does.
here's a few screenshots!
https://preview.redd.it/hr6mc71414m41.png?width=1802&format=png&auto=webp&s=acbc56e0e6ea553a2ce9d632de0b422949a9113d
https://preview.redd.it/4hykwy1414m41.png?width=1658&format=png&auto=webp&s=05ff08bb0c4432acf650849d3e5e31e97836304b
https://preview.redd.it/vkku0g1414m41.png?width=1608&format=png&auto=webp&s=1f35e1b3cbab5c42650fa4b8202afbb0f32ab33d
https://preview.redd.it/9pjl2p1414m41.png?width=1940&format=png&auto=webp&s=3ec2870794cff5dfc41ee449d3a09f555f1839c9
https://preview.redd.it/aami5r1414m41.png?width=1680&format=png&auto=webp&s=398d2302570d0099a5043ece7996fd055924aadd
https://preview.redd.it/w9wft71414m41.png?width=1306&format=png&auto=webp&s=0ac7df6220e7fe3648d7ecee764d750e2107c85f
submitted by itchykittehs to ethereum [link] [comments]

Best Ethereum Wallets

Best Ethereum Wallets
When you start using cryptocurrency the number one problem is to find a secure wallet. In this article, we will introduce the most popular Ethereum wallets.

Hardware Wallets

We start with hardware wallets. These wallets provide offline storage for cryptocurrency. This kind of Ethereum wallet is considered to be the most secure.
https://preview.redd.it/86nocaff0mh31.jpg?width=720&format=pjpg&auto=webp&s=7a6d4e9a4ef9945eec416583d487e5553c4377e9

  • Trezor
Originally Trezor was developed for Bitcoin. Now it supports more different cryptocurrencies including Ethereum. This ETH wallet will work in tandem with your MyEtherWallet.Trezor is famous for the features that make it very secure. It provides 2-factor authentication, advanced cryptography and the opportunity to check transaction details before you confirm.
On the other hand, there are a couple of disadvantages. Such as the cost: the Trezor wallet is pretty expensive. If you are not a regular user you probably should consider cheaper wallets. Also, it takes time to access your holdings with this wallet.Thus using Trezor as Ethereum wallet may be a little inconvenient if you are a common user.

  • Ledger Nano S
Ledger Nano S is also a hardware wallet. It connects with any computers via USB. The most important feature of this wallet is security. As well as Trezor it provides 2-factor authentication. Aside from this, this Ethereum wallet has a PIN code to secure the device itself and also you can back up your account on the recovery sheet. Ledger Nano S gives users an opportunity to check details of transactions before the confirmation.
The main disadvantage of the Ledger Nano S wallet is the price. It is cheaper than Trezor, but it is still pricey.

  • KeepKey
KeepKey is a hierarchical deterministic (HD) wallet. It is also in the group of hardware wallets. KeepKey supports a lot of cryptocurrencies.The fact that this is an HD wallet allows users to generate private keys in an unlimited quantity. Undoubtedly this adds to the security level. Moreover, with the help of this device, you review and confirm every transaction. You can also set up a PIN code and a recovery sentence to make sure your holdings are secured enough.
It is easy to start using the KeepKey wallet. You need to download a couple of applications. One is to create a wallet. And with the help of the second one, you will be able to connect to KeepKey through Chrome.
Talking about the disadvantages we should mention the price. It is one of the most expensive wallets on the market to use it as ETH wallet.

Web Wallets

The great thing about web wallets is that you can easily access them. All you need is an internet connection.

  • MyEtherWallet
Unlike the most part of hardware wallets, MyEtherWallet is free. Nonetheless, it provides a high level of security by allowing users to store their keys on their own computers. There is no necessity to give any private information when creating a wallet.This Ethereum wallet interrogates with some hardware wallets such as Ledger Nano S and Trezor. Also, this platform gives an opportunity to write smart contracts.
In addition, MyEtherWallet provides automatic back up. So users should not remember about this by themselves.Moreover, it’s possible to get a paper Ethereum wallet by going to the “Wallet Info” section.
https://preview.redd.it/j7wzg5ki0mh31.png?width=1088&format=png&auto=webp&s=41383744e961877ba6acbf128be7fdcb2f4baf77

  • Coinbase
First of all, Coinbase is an exchange platform. Usually, it is not recommended to store cryptocurrency on the stock platforms. But Coinbase is often considered to be an exception. This platform has a wallet that is suitable for use as ETH wallet. It is easy to use and has an intuitive interface.
One of the major drawbacks of this wallet is that users don’t control their private keys.

  • MetaMask
MetaMask is not just a popular Ethereum wallet. It is a browser extension. It can be installed on a number of browsers such as Chrome, Firefox, and Opera. This form allows accessing your holdings easily.The good thing is that you don’t need to provide personal information for the registration. Also, there is an opportunity to store the private key on your computer.

Desktop Wallets

There are wallets that are made in the form of a software program. They can be installed on your device. Such wallets are called Desktop Wallets.The security level of these wallets is not as good as of hardware ones.

  • Exodus
Exodus is a multicurrency wallet. So it can become your ETH wallet.It is famous for its user-friendly interface. It is a good wallet for those who only start their journey into the cryptocurrency world. Exodus supports ERC20 tokens.Users store their private keys on their computers. This increases the security level. Exodus has a backup feature.
The drawbacks of Exodus are that there is no possibility to add any custom tokens and a small list of ERC20 tokens.

  • Atomic Wallet
Atomic Wallet has a very convenient interface which is suitable even for the beginners. It supports Ethereum and all the ERC20 tokens.The wallet supports atomic swaps. So you can not only have one wallet for Ethereum and all the ERC20 tokens but also exchange them with another user.
Unfortunately, it doesn’t have a hardware wallet yet. So the level of security may not be very high.

https://preview.redd.it/e13whvvl0mh31.png?width=1024&format=png&auto=webp&s=8ee93d65adfcee76b0f8043c6ae1e4c022c16c0b

  • Mist
Mist is the official Ethereum wallet. So it is a full node wallet. Full node wallet downloads the whole Ethereum blockchain on users’ computers. In other words, it downloads all the data about the ETH network. This type of wallet makes any user a full-fledged member of the blockchain.
Mist has developed the way to allow users to interact with their ETH storage easily. It is free. Users don’t provide private information during the process of registration. The only way to access your wallet is to use a password. Your private keys are stored on your computer.The Mist wallet supports smart contracts.

Mobile Wallets

Sometimes it is more convenient to use a mobile wallet, which can be installed on your mobile devices. This type of wallets provides quicker access to your storage wherever you are. Mobile wallets are easier to use than desktop ones, but it is riskier.

  • Jaxx Liberty
Jaxx is free. It supports a lot of cryptocurrencies including ETH. It can work on different platforms such as Linux, Windows, and OSX. There is also an extension for Chrome browser. The interface of Jaxx wallet is simple and good to use.
However, the security of this wallet raises some questions.

  • Coinomi
Coinomi is an Android app. It is easy to use and supports a wide range of cryptocurrencies. With this wallet, you don’t have to think about backup. Coinomi has a feature that helps you to keep all the information. It is secure enough. Your private keys are nowhere but on your device. Coinomi protects the user’s identity when they sign up.
Unfortunately, so far there is only an app for Android.

https://preview.redd.it/4iyn26do0mh31.png?width=1604&format=png&auto=webp&s=7a9d58bb81911aa336aa93320dbdae5f763d4a3e

Paper Wallets

Paper wallets allow printing private keys on paper. And this printed document is used as a wallet. These wallets are not that easy to access. Although the level of security is relatively high.

  • ethaddress
In case you are looking for a way to store your ETH in the most secure Ethereum wallet, but you are not ready to pay for a hardware one, try ethaddress. This wallet is free. It provides a high level of security.

  • WalletGenerator.net
The core of this key-generating wallet is 99% identical to the well-considered bitaddress.org.First of all, it’s necessary to download this website from Github, unpack and open the index.html file directly from your computer. The code version control allows to significantly simplify the mutual verification of the executable code. For more security, disconnect from the Internet at the time of creating your wallet.

How to keep your wallet in security?

Whatever wallet you choose you want it to be as secure as possible. Here are some ideas on how to achieve this:
  • Choose a wallet that suits your requirementsAll wallets are aimed at different goals and ways to use. Some of these wallets offer high security, some provide you with easy access for fast trading. Therefore, you should choose exactly what suits your needs best.
  • Keep your private key safeAlways make sure that your private key is secure and is stored in a safe place. Moreover, do not share your private keys. No, not with friends. Not even with your parents.
  • Set up 2-factor authenticationSome wallets offer this feature to increase the security of your coins. Do not ignore 2-factor authentication, set it up for extra confidence in protection against theft.
  • Backup, backup, and backupNothing protects you better from unforeseen accidents than a good old backup. This way you can keep access to your coins.
  • Store your funds offlineWith all the security levels offline wallets are still the most secure ones. Therefore, it is better to keep large amounts of ETH coins only on offline wallets.

https://preview.redd.it/fg2c449q1mh31.jpg?width=1216&format=pjpg&auto=webp&s=559936b2921ebac41e7cef64187b1920453cf229
To sum up, you should choose the best Ethereum wallet by yourself based on your needs. All wallets have both advantages and disadvantages. Simply decide which feature is more important to you.We wish you an easy choice of the best ETH wallet and the safe storage of coins.

Feel free to follow our updates and news on Twitter, Facebook, Telegram and BitcoinTalk.
Read what the customers say about SimpleSwap on Trustpilot.
Don’t hesitate to contact us with any questions you may have via [[email protected]](mailto:[email protected]).
submitted by SimpleSwapExchange to ethereum [link] [comments]

Best Ethereum Wallets

Best Ethereum Wallets
When you start using cryptocurrency the number one problem is to find a secure wallet. In this article, we will introduce the most popular Ethereum wallets.

Hardware Wallets

We start with hardware wallets. These wallets provide offline storage for cryptocurrency. This kind of Ethereum wallet is considered to be the most secure.
https://preview.redd.it/ovlczorz6mh31.jpg?width=720&format=pjpg&auto=webp&s=eba30a80ba4fd2928272f3fa8dcef39da0177a8f

  • Trezor
Originally Trezor was developed for Bitcoin. Now it supports more different cryptocurrencies including Ethereum. This ETH wallet will work in tandem with your MyEtherWallet.Trezor is famous for the features that make it very secure. It provides 2-factor authentication, advanced cryptography and the opportunity to check transaction details before you confirm.
On the other hand, there are a couple of disadvantages. Such as the cost: the Trezor wallet is pretty expensive. If you are not a regular user you probably should consider cheaper wallets. Also, it takes time to access your holdings with this wallet.Thus using Trezor as Ethereum wallet may be a little inconvenient if you are a common user.

  • Ledger Nano S
Ledger Nano S is also a hardware wallet. It connects with any computers via USB. The most important feature of this wallet is security. As well as Trezor it provides 2-factor authentication. Aside from this, this Ethereum wallet has a PIN code to secure the device itself and also you can back up your account on the recovery sheet. Ledger Nano S gives users an opportunity to check details of transactions before the confirmation.
The main disadvantage of the Ledger Nano S wallet is the price. It is cheaper than Trezor, but it is still pricey.

  • KeepKey
KeepKey is a hierarchical deterministic (HD) wallet. It is also in the group of hardware wallets. KeepKey supports a lot of cryptocurrencies.The fact that this is an HD wallet allows users to generate private keys in an unlimited quantity. Undoubtedly this adds to the security level. Moreover, with the help of this device, you review and confirm every transaction. You can also set up a PIN code and a recovery sentence to make sure your holdings are secured enough.
It is easy to start using the KeepKey wallet. You need to download a couple of applications. One is to create a wallet. And with the help of the second one, you will be able to connect to KeepKey through Chrome.
Talking about the disadvantages we should mention the price. It is one of the most expensive wallets on the market to use it as ETH wallet.

Web Wallets

The great thing about web wallets is that you can easily access them. All you need is an internet connection.

  • MyEtherWallet
Unlike the most part of hardware wallets, MyEtherWallet is free. Nonetheless, it provides a high level of security by allowing users to store their keys on their own computers. There is no necessity to give any private information when creating a wallet.This Ethereum wallet interrogates with some hardware wallets such as Ledger Nano S and Trezor. Also, this platform gives an opportunity to write smart contracts.
In addition, MyEtherWallet provides automatic back up. So users should not remember about this by themselves.Moreover, it’s possible to get a paper Ethereum wallet by going to the “Wallet Info” section.
https://preview.redd.it/rtvnw6p37mh31.png?width=1088&format=png&auto=webp&s=46fdf6af91d12fccc41d5a0d3fe3ee32ffce61dd

  • Coinbase
First of all, Coinbase is an exchange platform. Usually, it is not recommended to store cryptocurrency on the stock platforms. But Coinbase is often considered to be an exception. This platform has a wallet that is suitable for use as ETH wallet. It is easy to use and has an intuitive interface.
One of the major drawbacks of this wallet is that users don’t control their private keys.

  • MetaMask
MetaMask is not just a popular Ethereum wallet. It is a browser extension. It can be installed on a number of browsers such as Chrome, Firefox, and Opera. This form allows accessing your holdings easily.The good thing is that you don’t need to provide personal information for the registration. Also, there is an opportunity to store the private key on your computer.

Desktop Wallets

There are wallets that are made in the form of a software program. They can be installed on your device. Such wallets are called Desktop Wallets.The security level of these wallets is not as good as of hardware ones.

  • Exodus
Exodus is a multicurrency wallet. So it can become your ETH wallet.It is famous for its user-friendly interface. It is a good wallet for those who only start their journey into the cryptocurrency world. Exodus supports ERC20 tokens.Users store their private keys on their computers. This increases the security level. Exodus has a backup feature.
The drawbacks of Exodus are that there is no possibility to add any custom tokens and a small list of ERC20 tokens.
  • Atomic Wallet
Atomic Wallet has a very convenient interface which is suitable even for the beginners. It supports Ethereum and all the ERC20 tokens.The wallet supports atomic swaps. So you can not only have one wallet for Ethereum and all the ERC20 tokens but also exchange them with another user.
Unfortunately, it doesn’t have a hardware wallet yet. So the level of security may not be very high.
https://preview.redd.it/a810i9277mh31.png?width=1024&format=png&auto=webp&s=6b57cce28966819ea9922675e0c64180996eb9da

  • Mist
Mist is the official Ethereum wallet. So it is a full node wallet. Full node wallet downloads the whole Ethereum blockchain on users’ computers. In other words, it downloads all the data about the ETH network. This type of wallet makes any user a full-fledged member of the blockchain
Mist has developed the way to allow users to interact with their ETH storage easily. It is free. Users don’t provide private information during the process of registration. The only way to access your wallet is to use a password. Your private keys are stored on your computer.The Mist wallet supports smart contracts.

Mobile Wallets

Sometimes it is more convenient to use a mobile wallet, which can be installed on your mobile devices. This type of wallets provides quicker access to your storage wherever you are. Mobile wallets are easier to use than desktop ones, but it is riskier.

  • Jaxx Liberty
Jaxx is free. It supports a lot of cryptocurrencies including ETH. It can work on different platforms such as Linux, Windows, and OSX. There is also an extension for Chrome browser. The interface of Jaxx wallet is simple and good to use.
However, the security of this wallet raises some questions.
  • Coinomi
Coinomi is an Android app. It is easy to use and supports a wide range of cryptocurrencies. With this wallet, you don’t have to think about backup. Coinomi has a feature that helps you to keep all the information. It is secure enough. Your private keys are nowhere but on your device. Coinomi protects the user’s identity when they sign up.
Unfortunately, so far there is only an app for Android.
https://preview.redd.it/75o14iff7mh31.png?width=1604&format=png&auto=webp&s=280cdfaf6ea98e90f626e7bd9e2c3edbf2fd6ba2

Paper Wallets

Paper wallets allow printing private keys on paper. And this printed document is used as a wallet. These wallets are not that easy to access. Although the level of security is relatively high.

  • ethaddress
In case you are looking for a way to store your ETH in the most secure Ethereum wallet, but you are not ready to pay for a hardware one, try ethaddress. This wallet is free. It provides a high level of security.

  • WalletGenerator.net
The core of this key-generating wallet is 99% identical to the well-considered bitaddress.org.First of all, it’s necessary to download this website from Github, unpack and open the index.html file directly from your computer. The code version control allows to significantly simplify the mutual verification of the executable code. For more security, disconnect from the Internet at the time of creating your wallet.

How to keep your wallet in security?

Whatever wallet you choose you want it to be as secure as possible. Here are some ideas on how to achieve this:
  • Choose a wallet that suits your requirementsAll wallets are aimed at different goals and ways to use. Some of these wallets offer high security, some provide you with easy access for fast trading. Therefore, you should choose exactly what suits your needs best.
  • Keep your private key safeAlways make sure that your private key is secure and is stored in a safe place. Moreover, do not share your private keys. No, not with friends. Not even with your parents.
  • Set up 2-factor authenticationSome wallets offer this feature to increase the security of your coins. Do not ignore 2-factor authentication, set it up for extra confidence in protection against theft.
  • Backup, backup, and backupNothing protects you better from unforeseen accidents than a good old backup. This way you can keep access to your coins.
  • Store your funds offlineWith all the security levels offline wallets are still the most secure ones. Therefore, it is better to keep large amounts of ETH coins only on offline wallets.
https://preview.redd.it/z05sf6ci7mh31.jpg?width=1216&format=pjpg&auto=webp&s=546eed6ba6fc867ff4999d77ef88c6baeaeea8f3
To sum up, you should choose the best Ethereum wallet by yourself based on your needs. All wallets have both advantages and disadvantages. Simply decide which feature is more important to you.We wish you an easy choice of the best ETH wallet and the safe storage of coins.

Feel free to follow our updates and news on Twitter, Facebook, Telegram and BitcoinTalk.Read what the customers say about SimpleSwap on Trustpilot.Don’t hesitate to contact us with any questions you may have via [[email protected]](mailto:[email protected]).
submitted by SimpleSwapExchange to ethtrader [link] [comments]

Beginners Introduction Guide for Pundi X

Beginners Introduction Guide for Pundi X
https://pundix.com


https://i.redd.it/ad9tfd3rjpi21.jpg

Executive Summary;


Pundi X’s mission is to make buying crypto currency as easy as buying bottled water. As the Walmart and 7-Eleven of crypto currency, we want users to buy and use crypto currency anytime anywhere.
Pundi X a leading Singaporean-based blockchain company recently ranked by KPMG as one of the world’s “Emerging 50” firms that are at the forefront of innovative technologies and practices in its 2018 Fintech100 report of Leading Global Fintech Innovators.
We have a product poised for mass adoption infrastructure, where consumers can buy and sell crypto at any participating retailer and spend their crypto.
For every transaction, through the XPOS (which is a point of sales) machine, there will be a token burn coming. Token burns mean reduced supply over time. The more machines in outlets and more people using crypto means supply will decrease, therefore the demand will increase. Pundi X will not be an erc20 token for long, Pundi X is creating its own blockchain called the f(x) blockchain.


https://i.redd.it/z3mp6tfp1qi21.jpg
- Instant transactions worldwide 24/7.
- No monthly charges or any hidden fees.
- Merchants will receive revenue back, a whopping 65% from the total transaction fee, on every single Crypto related transactions.
- Consumers can readily buy/sell Crypto currencies straight from the actual XPOS device.
- No Banks needed, hence serving the un-banked and the under-banked population.
- Merchants can receive payment in their local fiat to avoid Crypto fluctuations.
- Supports Mobile payments, NFC, QR Code and all current traditional payments.
- The POS can setup your inventory, loyalty programs, ads, and print smart receipts.
- Avoid high Visa/MasterCard/Credit Card fees using XPOS solutions.

Statistics;


- 5,500 XPOS Dispatched already to 25 countries.
- Tested over a two day period in the Historical first ever crypto mass event with "Ultra Taiwan Music Festival" with 30,000 + attendees, went flawlessly, (see videos on Pundix Official YouTube Channel).
- 7,000 More XPOS going out soon.
- 300,000 XPASS dispatched.
- 60,000 + Transactions over the XPOS.
- 20 + Top Crypto Exchanges.
- 45 + Events attended.
- 150 + Team members.
- 7 Head Offices globally.

Function X Blockchain – A game Changer:



https://i.redd.it/5ibzoexntpi21.jpg

The f(x) (short for Function X) blockchain under current test environments, each XPOS is an f(x) node; all data from the XPOS will be fully encrypted and stored in f(x) low level IPFS. Our IPFS is one that is specially designed for XPOS, f(x) and other smart devices. The f(x) public ledger will record all transactions, and the chain deploys sharding and PBFT.
At Pundi X, we believe that open source is the way to go and to strengthen the blockchain community. We will gradually enable all of our operating system and f(x) chain’s code to be open source. It will be free for all Dapp software and hardware manufacturers to develop products for the f(x) ecosystem, hence achieving true decentralization. Let’s all work together and re-engineer a decentralized world.

10x for Speed;
Visa can run 7,000–20,000 transactions-per-second (“TPS”). Any blockchain that offers small multiples of speed improvement is unlikely to displaced a tried-and-tested system like Visa. A 10X increase means 200,000K TPS has to be achieved.
Our upcoming blockchain called Function X (fx for short), we have to make sure we are comparable if not faster, at 10X it is at least 200,000 TPS, not just on paper, but in real application.
Sharding depends heavily on the availability of nodes. Confirmation processes increase by an order of magnitude when you increase node counts, we are already deploying the XPOS which will act as nodes.

10x for Scaling;
Scalability in a restaurant means how fast can you serve your meals, the faster you can scale, the more business you can have. Therefore, companies like McDonald’s spend a lot of effort shortening the time between ordering and checkout to serve its customers.
Scalability in blockchain is similar: it depends on the code (how fast can the burgers be flipped) and also nodes (how many cashiers can confirm the order). So whose code is the best? We will only know when proven. And what about nodes? The blockchain with the largest nodes will prevail. Currently Ethereum has the most nodes, but maybe not for long.

10x for Consensus;
And what about nodes? The blockchain with the largest nodes will prevail. Currently Ethereum has the most nodes, but maybe not for long.
With our minimum plan to roll out 100,000 XPOS in three years, we will be able to scale up transaction numbers significantly as the number of XPOS devices increases.
Can we do much more than 200,000 TPS? Let’s analyze: Sharding is a process of dividing a global network into pieces of a local network.
Each local network would then take charge of two-thirds consensus so that a particular transaction is verified in the local network and then broadcast to the global network.

Five Pillars of Function X Blockchain;

  1. Fx Operation System - (ROM) Android-modified blockchain-enabled operating system. Users can switch seamlessly between fx blockchain and regular everyday android mode.
  2. FXTP - (Web Protocol). Decentralized transmission protocol (P2P) and similar to https.
  3. Docker - Open Source platform for developers to build, ship, and run distributed applications (DApps).
  4. IPFS - Storage of various contents.
  5. Public Blockchain - A High performance and secure public blockchain.

More details here;
The Road ahead: https://medium.com/pundix/f-x-%EC%95%9E%EC%9C%BC%EB%A1%9C-%EA%B0%80%EC%95%BC%ED%95%A0-%EA%B8%B8-cb258f0e397c

The XPhone;


The XPhone, and the first true blockchain phone call, we demonstrated to thousands that we had a new protocol for communication that could take blockchain beyond the world of financial transfers. The X phone is powered by Function X OS which is based off the Android OS 9.0, so there is a backward compatibility with any Android apps.
Blockchain-based calling and messaging can be toggled on and off on the phone operating system, which builds upon Android 9.0.
On the blockchain mode, the services in the XPhone can operate completely independently of centralized carriers. Users can route phone calls, messages, and data via blockchain nodes without the need for centralized service providers.
The XPhone is in fact the first mobile phone that can run completely on a decentralized ecosystem powering telephony, messaging, and data transmission. The XPhone itself significantly expands the use of blockchain technology beyond financial transfers.
Every XPhone is also a node on the network to contribute to the operation of the blockchain ecosystem. Content and connectivity are organized in a distributed, node-to-node manner.
https://i.redd.it/ne3iufycqqi21.png

- Every device in the Function X ecosystem will be a node and each will have its own address and private key, uniquely linked to their node names, not unlike traditional URL and IP addresses.

- The OS can be overlayed to any existing Android devices without any compromises and compliment as a node to the function X blockchain.

- Using a new DApp published on Function X, Zac hailed a New York City cabbie from midtown Manhattan to Central Park via a smart contract executed on Function X. The taxi order was both conducted and recorded on-chain and by-passing any ride-hailing service via XPhone.

- In the browser, you may browse the traditional Internet via HTTP or use the blockchain Internet via FXTP.

- In f(x) OS, users are able to switch seamlessly between two modes. The blockchain mode allows a user to be connected to the blockchain - everything which you do in this mode like texting, calling, taking photos, browsing, etc. will be transmitted via the blockchain. In the traditional mode, it is like any other Android phone.

- You can develop DApps for X Play Store and regular apps for Google Play Store.
Note: Final design and specs are subject to change.

The FX blockchain: Giving data control back to users and creators.
“What this all means is that data control can and must be given back to users,” said Pundi X Founder and CEO Zac Cheah.

“Telecommunications and Internet companies have derived tremendous value from controlling data. By decentralizing apps, we can put this data onto a smart contract, effectively giving control back to creators and to users”.

“Much of what we call peer-to-peer or ‘decentralized’ services continue to be built upon centralized networks. We are changing that,” added Cheah.

Mobile devices as nodes;

“Scalability in blockchain is derived from the number and geographic spread of nodes. It is clear how achieving a critical mass in terms of scale will require something with a high utility for people. The XPhone thus has the potential to establish a large global pool of nodes,” said Pitt Huang, co-founder and CTO of Pundi X.

“And with Function X offering people the choice to be independent of a centralized communications network we’ve created a new use, a high and universal utility for blockchain. In turn, this will give life to a network large enough to support better scale, throughput, and new potential applications, plus true decentralization that has so far eluded blockchain.”

YouTube in-depth close up videos;
  1. Introduction to XPhone - Part 1 of 6
  2. Bringing Function X to life with the XPhone - Part 2 of 6
  3. Setting XPhone up as a Node - Part 3 of 6
  4. Using the XPhone to manage your files and browse the web - Part 4 of 6
  5. Blockchain-based text messaging on the XPhone - Part 5 of 6
  6. Blockchain Call on the XPhone - Part 6 of 6

More details here;
Website; https://functionx.io
https://medium.com/functionx/xphone-mwc19-new-design-and-specifications-including-the-x-button-announced-1c720b04f660

All Partnerships (so far):


Major Partners:
-American Chamber of Commerce Korea, AMCHAM is the largest foreign chamber in Korea with around 1,800 individual members from almost 900 member companies with diverse interests and substantial participation in the Korean economy.
Their partners includes, MacDonald’s, Star Bucks, Hyundai, United Airlines, Citi, Hawaiian Airlines, MetLife, Ford, Honeywell, Johnson & Johnson, Bayer, Cisco, HUB, Nike, Oracle, Kelly, Philip Morris, Hyosung, Cigna, Kim & Change, Pfizer Korea, and many more, see link below;
http://www.amchamkorea.org/?ckattempt=3

-Ebooc (Government UEA) Ebooc and Pundi X will provide several other applications for consumers such as making retail payments; paying for government services, fees and fines; utilities and bills; telecommunication bills and school fees on POS devices running a stable, digital equivalent of traditional fiat currencies in the region.
The move brings our world-leading, blockchain-based XPOS technology, XPASS card and e-wallet to the Gulf, Middle East and North Africa region for the first time with Ebooc as the official partner under the terms of a strategic partnership agreement as executed.
Additional Back information about the Founder of Ebooc: Entrepreneur & Senior UAE Government Official with deep Government experience of over 20 years. From his current role as Assistant Undersecretary, Industrial Development Sector at Ministry of Economy, UAE, Abdalla has been able
to participate in policy-making and planning strategy for ministry of Economy and oversee the operations and major projects within the industrial sector.
Developing action plans and programs for the industrial sector, overall supervision of the industrial licenses issued by the ministry, General supervision of Institutions Support Department, which specializes in conducting necessary studies for the development of industrial exports.
Regulations and specifications of Foreign Affairs in coordination with stakeholders Prior to this was the CEO strategic planning & affairs at Emirates Post Group was on the Board of Directors of Wall Street Exchange Chairman of the Executive Committee ; Vice Chairman of the Emirates Marketing & Promotion Corp. Board Member of the Emirates Courier Services – Empost.
https://medium.com/pundix/ann-pundi-x-technology-to-debut-in-the-gulf-and-middle-east-5b7651b4bd14

-NEM, (Deal to deploy additional 20k XPOS units) A commitment to use NEM's blockchain technology to produce 20,000 of the world's first NEM-based POS terminals, called NEM XPOS.
To foster this project, we completed a private allocation totalling US $ 17 million (USD) on April 5, 2018. The fund will be used for technical integration and production of at least 20,000 XPOS NEMs over a three-year period.
https://medium.com/pundix/aloca%C3%A7%C3%A3o-privada-de-17m-usd-%C3%A9-conclu%C3%ADda-para-o-nem-xpos-5a7074b39b5c

-Ubivelox, they have become an international innovator in the development of smart cards, mobile communications and blockchain (ranked 6th largest in the world). The two companies will work together on XPOS and XPASS technology development, security and market deployment, which will not only facilitate the promotion of Pundi X in Korea, but also help accelerate the layout in the global market.
https://medium.com/pundix/%E9%9F%A9%E5%9B%BD%E4%B8%8A%E5%B8%82%E5%85%AC%E5%8F%B8ubivelox%E4%B8%8Epundi-x%E5%BB%BA%E7%AB%8B%E6%88%98%E7%95%A5%E5%90%88%E4%BD%9C%E4%BC%99%E4%BC%B4%E5%85%B3%E7%B3%BB-91f3665f0ae9

-QEX Fund SP; At Consensus: Invest 2018 in New York, we introduced the QEX fund in partnership with Quantum Energy Asset Management (QEAM). QEAM & R.E. Lee International Capital unveil $100 million fintech-focused hybrid fund, QEX Fund SP.
Vic has over three decades of experience in banking and securities, including as the former Chief Operating Officer, Asia Pacific, for Global Transaction Services at Bank of America Merrill Lynch, and as the former Chief Risk Officer at Hong Kong Exchanges and Clearing.
“The combined expertise of QEAM, R.E. Lee International Capital and Pundi X provides a differentiated offering and a strong edge, amplifying the unique proposition of traditional finance and technological expertise in fintech and emerging innovative technologies such as blockchain,” said Mr. Tham. “It is rare to bring together a team that has decades of experience in fund management, securities, banking and also emerging fintech and blockchain technology all under one roof.”
R.E. Lee International Capital Pte. Ltd. QEX Fund SP is targeting a USD $100 million fund size with a minimum subscription of USD $300,000 and is available to non-US accredited investors from today. For further information, please email to;
[[email protected]](mailto:[email protected])

https://medium.com/pundix/pundi-x-announces-qex-fund-in-partnership-with-quantum-energy-asset-management-to-grow-the-247b473d96a5

The F(x) Coin;


The f(x) ecosystem is fully decentralized. It’s designed and built to run autonomously in perpetuity without the reliance or supervision of any individual or organization.
To support this autonomous structure, f(x) Coin which is the underlying ‘currency’ within the f(x) ecosystem has to be decentralized in terms of its distribution, allocation, control, circulation and the way it’s being generated.

https://i.redd.it/scikiwyj7qj21.jpg

Broadly, there are four main participants in the f(x) ecosystem, as shown above:
  • Consumer: Users enjoy the decentralized service provided by the f(x) ecosystem.

  • Infrastructure Service Provider: Providing infrastructure service like the ones provided by mobile carrier, Amazon AWS but in a decentralized way.

  • Developer: Building DApp upon f(x) network like Uber, AirBnb, Alibaba.

  • Financial Service Provider: Providing liquidity of f(x) coin like NASDAQ, Morgan Stanley.

Infrastructure service provider, Developer and Financial service provider contribute the seamless operation and service shall generate the positive circulation, innovation and value flow to the f(x) ecosystem.

The value flow of the Function X ecosystem;
  • Infrastructure service provider can offer the service, such as Blockchain, FXTP, DDocker and IPFS to earn f(x) Coin.

  • Developer can build applications upon f(x) OS to earn f(x) Coin and at the same time they need to pay for the infrastructure service.

  • Consumer enjoys the service and pays for the service in f(x) Coin.

  • Developer and infrastructure service provider shall earn f(x) Coin in return by providing their service and they can liquidate it through the financial service provider to earn some profit.

Together, these four participants will create a positive value flow. More service providers will enhance the quality of service and attract more consumers. More consumers will bring more value to the ecosystem by attracting more service providers,and creating f(x) Coin liquidity.
Deep liquidity of f(x) Coin will attract more financial service providers to enhance the stability and quality of liquidity. This will attract more service providers to the ecosystem.

Utility of f(x) Coin;


f(x) Coin is the native ‘currency’ of the Function X blockchain and ecosystem. Services rendered in the ecosystem will be transacted with the f(x) Coin. Possible scenarios include:
  • For service providers: To get paid by developers, companies and consumers for providing storage nodes, DDocker and speeding up of network connections. The role of service providers will described in other sections.

  • For consumers: To pay service fees for using DApps, nodes, network resources, storage solutions and other services within the f(x) ecosystem.

  • For developers: To pay for services and resources rendered in the ecosystem such as smart contract creation, file storage (paid to IPFS service provider), code hosting (paid to DDocker service provider), advertisements (paid to other developers) and others. To get paid by the enterprises or organizations which require the developer’s service.

  • For enterprises or organizations: To pay for service fees, developer fees and advertisements. Services provided to consumers will be charged and denominated in f(x) Coin.

  • For phone and hardware manufacturers: To pay for the Function X Operating System customization. Note: we plan to only build a few thousands of the XPhone flagship handsets and leave the rest to third-party manufacturers to build more using our operating system.

  • For financial institutions: to receive payment for financial services rendered for the ecosystem.

  • Many more future scenarios.

https://i.redd.it/r7626yle8qi21.png
Hence f(x) Coin can be used as ‘currency’ for the below services,
  • In-app purchases
  • Blockchain calls
  • Smart contract creations
  • Transaction fees
  • Advertisements
  • Hosting fees

Updated fx article:
https://medium.com/functionx/f-x-ecosystem-and-tokenomics-explained-ee026ce6815

Payment solutions;


Visa, MasterCard, Apple Pay, Samsung, American Express, BNB, LTC, XVG, NPXS, E2Pay.co.Id, Alipay, M-bayar, Go Pay, WeChat, Xpos Consortium, Ubivelox, XPOT and many more.
Distributors;
Manticora Capital, Bit Captial, Ubivelox, BlockPay and more to follow.
Blockchain;
NEM, UTrust, GGOX, Verime, Wanchain, Stella, Genaro Network. More to follow.

Why Pundi XPOS;


Pundi XPOS not only facilitates cryptocurrency payment or transactions but also accepts transactions through mobile wallets and traditional bank cards.
Our POS solution can support retail intelligence, inventory management, order management, marketing and loyalty programs. Pundi XPOS device is an all-in-one solution for retailers.
https://i.redd.it/qj6sbsfaeqi21.jpg
· Accept cryptocurrency as payment
· Intelligence clearing system to increase the value of the store properties
· Selling and buying crypto currencies
· Support BTC, ETH, NPXS, BNB, XEM, QTUM, XVG, ACT, LTC, DGD, XLM and more crypto currencies.
· Support cryptocurrency payment card, such as Pundi XPASS card.
· Support mobile payment apps, such as Alipay, Visa, Mastercard, ApplePay, E2Pay, Go-Pay, Pundi-Pundi, and WeChat Pay.
· Support cryptocurrency wallet payment, such as Qbao, X Wallet, Nem Wallet and more.
· Establish credit history and reduce financial risks
· Provide a gateway for financial service providers
· Support loyalty / membership management system
· Support promotional and NPXS reward system
· Support 3rd party delivery and logistic service providers

Additional factors;
- Instant Transactions - XPOS transactions happen instantly at less than 0.5 seconds. No delays. Just pay and go.

- Fiat Settlement without Volatility - To avoid any volatility risk, merchants will receive their settlement in fiat money.

- Work Easily With XPASS & XWallet - The XPASS card is an easy-to-use tap card for crypto beginners. Top it up with your preferred cryptocurrency and pay with ease. You can also pair your XPASS card onto the XWallet mobile app and use it with the XPOS.

- Support Multiple Cryptocurrencies - The XPOS is cryptocurrency-neutral, so you can transact with your favorite coins or tokens like BTC, ETH, BNB, NPXS, etc.

- Buy Cryptocurrency With Ease - In addition to making payment, customers can purchase cryptocurrency like Bitcoin from the XPOS with ease. The experience is as easy as buying a cup of coffee.

- Merchants get back 0.65% of the total fee for every crypto transactions.

Please see the Medium reports for more details on all developments to date: https://medium.com/@PundiXLabs

XPOS Order Form;
https://goo.gl/forms/yxSRHlK99h3xHF3N2
XPASS Card Order Form;
https://forms.monday.com/forms/088c80c8f7e4f1ba13816312097ddcd3


XWallet;


The XWallet mobile app connects regular digital asset wallets with the Pundi X payment ecosystem. It allows users to easily make payments in physical stores via the XPOS & e-commerce using our "Collect" feature of the app.

https://i.redd.it/j5kcce6vtqi21.jpg

The XWallet can also be paired with the XPASS, making it a digital payment app that can be used anytime, anywhere. To download App for Android or ISO see below and to see a built-in guide for merchants and users guide are within the actual XWallet App or here:
https://xwallet.pundix.com/

Merchants Collect Feature (e-commerce);


1. Submit an XWallet Merchant application via the app and once the application gets approved, then your “Collect” page would be marked with “Pundi X verified merchant”.
2. You can open the XWallet app, then show the QR code on “Collect” page for customers to scan and pay;
3. You can also tap “Save” on “Collect” page to download your QR code as a picture, print it out, and place it by the checkstand for customers to scan and pay. This would be a more convenient way to collect payments.
4. Collected cryptocurrency assets would go directly to the XWallet Merchant’s Virtual Card account.

My actual QR code, scan to see UI on XWallet.

This is a powerful tool for e-commerce's to upload their QR Code on websites payout section. Sending any supported currencies on the X Wallet is accepted by one single QR Code, such as the above.

XPass Cards;


You can easily manage your digital assets, check your current balance, or top-up in the XWallet. By default, each user will have a virtual XPASS card in the app. You can also pair your XWallet with your Pundi XPASS card to make payments directly from the app when needed.
If you lose the XPASS card, you can transfer all your tokens from the XPASS card to the XWallet app or to another XPASS card.

https://i.redd.it/g0fcksz3oqi21.jpg

Instant Payments Online or Offline;


Transactions via an internet-connected XWallet or XPASS can be processed immediately, while offline transactions can be made by scanning the QR code, which will later be uploaded onto the blockchain. The XWallet, in short, keeps up with your busy lifestyle.

How to top up your XWallet from other wallets;
  • Select the ‘Card’ icon and choose the virtual card.
  • Select the type of currency you want to top up.
  • Tap on the ‘Receive’ icon and choose ‘View address’.
  • Copy the top-up address or scan the QR code.
  • On your other wallet, choose the correct type of cryptocurrency and insert the XWallet top-up address to make the transfer.
(Note: The speed of transferring tokens from other wallets to the XWallet app varies, depending on their relevant blockchain network conditions. To make instant payment transaction at any XPOS merchant, we recommend users top up their XWallet account from other wallets at least 6 hours before using the app.).

XPASS Card Order;
https://forms.monday.com/forms/088c80c8f7e4f1ba13816312097ddcd3

Burning of NPXS;


A quick summary of Pundi X token’s utility on each and every transaction:
  1. A bit of it is burnt for every crypto related transaction that happens in through our XPOS.
  2. The token is used to list other tokens in our XPOS, for example, QTUM paid us a sum of NPXS to be listed later in our XPOS, and this will include future coins that will be listed in our XPOS.
  3. Loyalty programs are made & paid with NPXS.
  4. Ads that run through our XPOS are also paid in NPXS.
  5. Future products will be paid with NPXS.
  6. Claim goods and services from merchants.

The XPOS is comprised of two parts, the consumer and merchant.

The Point of Sale device (XPOS);


For the merchants;
  1. You get 1% extra as a fee. You can set it up from 0-3%, but we recommend 1% fee.
  2. You can sell crypto again with that 1% fee.
  3. You can sell the XPASS cards.
  4. The POS can setup your inventory, loyalty programs, ads, and print smart receipts.
  5. You can accept crypto, again the 1% fee.
  6. You will be one of the first to change how the world uses crypto.

For the XPASS holders;
  1. They can liquidate their crypto assets through our merchants, hassle free.
  2. They get a special discount.
  3. If you lose the XPASS black card, we are able to recover it (as long as you have the security card).

Unlocked tokens;


To better comply with ever-changing regulatory requirements, our legal team has advised the company to release the remaining unlocked tokens, starting from April 1, 2019, and to complete the program early by the end of June, 2019. Given the shortened period, we will increase the unlocked-token rate over the next three months. Please note that the total distributed amount of the tokens will remain the same as stated in the whitepaper.

You need to hold your NPXS or NPXSXEM on supported exchanges or wallets such as XWallet, Binance, Imtoken or in any ERC20 wallets that you control your private key.
Snapshots will be done on a daily basis and at random times for the next 3 months.
The unlocked tokens are calculated on your total tokens held, which are then distributed. Program schedule below;

Starts: 00:00:00 GMT+8 on March 1, 2019
Ends: 23:59:59 GMT+8 on May 31, 2019
Unlocked token rate per month: 11.063%

You need to hold the whole month to receive the full %. If you hold less days, you will receive less %.
We recommend you to use an ERC20 wallet that you control your private key, because Binance for example uses their own system, so if they do their calculations wrong, it wont be Pundi X's fault. Supported wallets and exchanges below:

Exchanges;
BinanceOkcoinkrBittrex InternationalHotbit - npxsxem tokens supportedWazirXUpbit
Wallets;
Xwallet - npxsxem tokens supportedCoinmiEthosImtokenTrust walletEnjinEidooExodus
Web Wallets;
MyEtherWalletMetaMaskMistParityGeth LedgerXwallet Web - npxsxem tokens supported
Hardware Wallets;
Ledger Nano S
Trezor

Formula;

The formula to calculate the base of your NPXS/NPXSXEM monthly holdings is the same as previous months but the rate is adjusted:
[(The average of the daily lowest NPXS amount of the month X 10%) + (the daily average NPXS amount of the month X 90%)] X 11.063%

Decentralized Staking;


This will be a new option in addition to transferring NPXS / NPXSXEM into the XWallet.
The Team is working hard to enable the private wallet option before March 10, the day of this "OPTIONAL" staking process kicking off.

We will do this by having holders “register” their own ERC20 or NEM wallet public address, in XWallet so that we can properly track the holdings of NPXS / NPXSXEM in those wallets to enable decentralized staking", allowing you to get the fx coins in the Xwallet, whilst getting your normal unlocks where you're getting them now. Nano S will be supported as well.

Case study of fees;


▪ 100% of Pundi X’s revenue that is generated through transactions on the XPOS will be removed permanently from our NPXS token circulation (and that's called token burn). This means that if Pundi X makes $1 of revenue from a transaction, they will take $1 worth of NPXS out of circulation permanently. NPXS tokens taken out of circulation will never be able to re-enter the circulation in any way as they will no longer exist.

▪ if the transaction is made in Pundi X tokens, we will take the tokens immediately out of the total supply. If the transaction is made in other tokens or fiat, we will use the proceeds to buyback NPXS, after which we will permanently remove the NPXS tokens from circulation and ensure they can never re-enter circulation.

▪ In case of a fiat to crypto transaction (including a payment with mastercard/visa) NPXS will be also burned.

▪ Case study 1: a user buys $1,000 worth of crypto from a merchant in a store using Pundi XPASS card. The total charge a user has to pay is $1,010; $1,000 for the crypto and $10 for the service fees. Of the $10 received, $6.50 is paid to the shop merchant for rendering this service. $3.50 is paid to Pundi X for providing XPOS (switch) and XPASS (Issuer) service.

Ecosystem;



https://i.redd.it/0ay0t1a4eqi21.png

Contact Us;

Please also read the white paper which can be found on the official webpage: https://pundix.com/
A detailed simple guide for Pundi X in Spanish language;
https://www.reddit.com/PundiX/comments/a7gdt4/a_detailed_simple_guide_for_pundi_x_in_spanish/

Twitter: https://twitter.com/PundiXLabs
Telegram: https://t.me/Pundix
Facebook: https://www.facebook.com/pundixlabs/?_rdc=1&_rdr
LinkedIn: https://www.linkedin.com/company/pundipundi/


Thanks.
submitted by Superbit123 to PundiX [link] [comments]

Blockmason Credit Protocol

BlockMason wants to enable anyone to be able to participate in the offering and partaking of credit, through the miracle of blockchain technology.
With the Credit Protocol, BlockMason has taken the next logical step in the decentralized economy: democratizing the creation of credit. Debt and credit are already extremely powerful financial tools, and now they will be strengthened by the security and flexibility of the blockchain. In fact, because an individual need not own ether in order to draw debt in ether, it is entirely possible to imagine a future in which debts and credits recorded on the Credit Protocol could exceed the total market capitalization of all cryptocurrencies combined, dramatically increasing the scale of the digital economy.
They aim to do this by creating a platform and a protocol for the measuring, establishment, payment, and transfer of credits and debts. While there are platforms like SALT Lending that want to enable people to get credit based on their crypto holdings, it would seem that crypto holdings would be only one asset considered when someone went to get a loan on the Credit Protocol system.
At its most basic level, the Credit Protocol is a system for recording debts and credit between entities on the Ethereum blockchain. One entity sends a debt or credit request to another, and that user then confirms the debt or credit, which is recorded and stored within the Credit Protocol’s smart contract.
The Credit Protocol comes stocked with several Use Case Authority Contracts, or reference contracts, that transactions which take place on the platform are based upon. In a way, we can see how this is a safer and better implementation than would be simply allowing anyone to submit their own contracts for these purposes. There would surely be security issues then.
Use Case Authority Contracts act as a pathway for inputting and settling debts. Because UCACs are user-created, the particular rules that govern recording debt through a UCAC may be optimized to best fit the need of the organization or user employing the Credit Protocol.
What makes the world go around, according to the BlockMason Credit Protocol, is something called CPTs, or Credit Protocol Tokens. CPTs are required to use the platform in several cases. They’re required to purchasing processing power, to open contracts, and the like. BlockMason describes a use case as such:
Each UCAC requires the operator to “stake” a minimum of one CPT to write debt or credit through that UCAC to the Credit Protocol system. Each CPT possessed by the operator permits the UCAC to process a specified number of transactions per day, a number continuously and dynamically determined by an algorithm within the CP smart contract. Therefore, staking more CPTs allows for greater transaction throughput within the UCAC. Depending on the intended debting system, a user or developer may need to own multiple CPTs to optimally guarantee the UCAC throughput capacity. While users may own fractional tokens, these partial tokens cannot be used to generate transactions. The transactions generated by a single CPT expire 24 hours after generation, at which point the CPT will generate a new set of available transactions.
Now that we have some idea of what the Credit Protocol is, and what its token is for, we can judge ti based on the notion of whether or not we believe that people will want to take loans on this platform. In essence, the truth is that people will take loans on any platform that they can, and the ability to potentially get a loan would be a spur for adoption for plenty of people.
BlockMason already have a working version of their protocol in the form of Fiddy.io, a Mist-browser-based application which allows friends to track debts between each other.
submitted by emrah0406 to ICOAnalysis [link] [comments]

Blockmason Credit Protocol

BlockMason wants to enable anyone to be able to participate in the offering and partaking of credit, through the miracle of blockchain technology.
With the Credit Protocol, BlockMason has taken the next logical step in the decentralized economy: democratizing the creation of credit. Debt and credit are already extremely powerful financial tools, and now they will be strengthened by the security and flexibility of the blockchain. In fact, because an individual need not own ether in order to draw debt in ether, it is entirely possible to imagine a future in which debts and credits recorded on the Credit Protocol could exceed the total market capitalization of all cryptocurrencies combined, dramatically increasing the scale of the digital economy.
They aim to do this by creating a platform and a protocol for the measuring, establishment, payment, and transfer of credits and debts. While there are platforms like SALT Lending that want to enable people to get credit based on their crypto holdings, it would seem that crypto holdings would be only one asset considered when someone went to get a loan on the Credit Protocol system.
At its most basic level, the Credit Protocol is a system for recording debts and credit between entities on the Ethereum blockchain. One entity sends a debt or credit request to another, and that user then confirms the debt or credit, which is recorded and stored within the Credit Protocol’s smart contract.
The Credit Protocol comes stocked with several Use Case Authority Contracts, or reference contracts, that transactions which take place on the platform are based upon. In a way, we can see how this is a safer and better implementation than would be simply allowing anyone to submit their own contracts for these purposes. There would surely be security issues then.
Use Case Authority Contracts act as a pathway for inputting and settling debts. Because UCACs are user-created, the particular rules that govern recording debt through a UCAC may be optimized to best fit the need of the organization or user employing the Credit Protocol.
What makes the world go around, according to the BlockMason Credit Protocol, is something called CPTs, or Credit Protocol Tokens. CPTs are required to use the platform in several cases. They’re required to purchasing processing power, to open contracts, and the like. BlockMason describes a use case as such:
Each UCAC requires the operator to “stake” a minimum of one CPT to write debt or credit through that UCAC to the Credit Protocol system. Each CPT possessed by the operator permits the UCAC to process a specified number of transactions per day, a number continuously and dynamically determined by an algorithm within the CP smart contract. Therefore, staking more CPTs allows for greater transaction throughput within the UCAC. Depending on the intended debting system, a user or developer may need to own multiple CPTs to optimally guarantee the UCAC throughput capacity. While users may own fractional tokens, these partial tokens cannot be used to generate transactions. The transactions generated by a single CPT expire 24 hours after generation, at which point the CPT will generate a new set of available transactions.
Now that we have some idea of what the Credit Protocol is, and what its token is for, we can judge ti based on the notion of whether or not we believe that people will want to take loans on this platform. In essence, the truth is that people will take loans on any platform that they can, and the ability to potentially get a loan would be a spur for adoption for plenty of people.
BlockMason already have a working version of their protocol in the form of Fiddy.io, a Mist-browser-based application which allows friends to track debts between each other.
Credit Protocol Token
We think the token’s inherent value of being able to underpin projects like the one pictured above make it a probable good cause for investment. We think that such use cases are endless when specialized, and will pop up all over the place. By building a protocol and allowing a decentralized community to back and power it, BlockMason is essentially just putting down the road upon which all the value-producing cars will travel. But this will be a profitable pursuit, nonetheless.
Distribution
116,158,667 Credit Protocol Tokens are to be issued in total. Around 28 million will be distributed to advisors and developers, another 5 million will be airdropped, and the rest will be sold.
BlockMason
BlockMason are a competent company. We think that they can definitely produce the results desired. They’re selling a total of 90+ million tokens, raising in the neighborhood of 90,000 Ethereum or something like $25 million. We think that with these funds, they’ll be up to the task of completing the job.
The Verdict
In all, we think cryptocurrency is going to need a lot of platforms for lending, microlending, and the like. We think that the Credit Protocol is one of many to come, and that the others which follow may integrate the Credit Protocol or at least build on its ideas.
Risk
Could be early, and there could be a period where not enough adoption leads to lessened interest in, and therefore demand for, the token. -2 Not novel enough in scope to fundamentally reshape anything. While this might make it lean and profitable, it means that ultimately better mousetraps may soon come along, and with little effort destroy whatever marketshare has been established. -1 We fear that this project will be the target of hackers from the get go, and that successful attacks may slow adoption. -1 Growth Potential We mentioned in the article that people are likely to be willing to adopt whatever platform allows them to get funding, regardless of what kind of funding they’re seeking. We think that this will be the case with Credit Protocol, and applications built using the protocol will see serious and widespread adoption. +3.5 We think that the traditional financial world will take a heightened interest in projects which use the blockchain for lending, and that there is room for hundreds of such projects. 2.75 We like that the token has a required usage within the platform, and that its sale does not appear to be a money grab, as we’ve seen with some. +2 We like BlockMason, and have faith that they will carry this project to fruitiion. +1 The existence of a demo product in Fiddy.io is encouraging. +1
Disposition
We arrive at a 6.25 for Credit Protocol. We think this is probably one worth getting on board with, though long-term we’re still looking for the unicorn from this field.
Investment Details
You can reserve a presale slot now, or you can wait for the public sale that’s taking place on October 1st. https://blockmason.io/projects/ico/
Blockmason Link Official Website: https://blockmason.link
submitted by Joygalz to blockmason [link] [comments]

What is MetaMask? Beginners Guide

What is MetaMask? Beginners Guide

https://preview.redd.it/sdj48435uxi31.png?width=1600&format=png&auto=webp&s=6b9bea6922e71a2f69f89f74ecfee05414b74f29
MetaMask is a browser extension designed to make accessing Ethereum's Dapp ecosystem easier. It also serves as a wallet for holding ERC-20 tokens allowing users to access services built on the network via the wallet.
Popular Dapp CryptoKitties crashed the Ethereum blockchain with 1.3 million transactions in December 2017. But since then, user numbers have dwindled into the hundreds. For many users, Dapps are just too difficult to use. Could MetaMask help lower the barrier of entry to the wonderful world of apps? We find out.

https://preview.redd.it/dqlc04ocuxi31.png?width=1200&format=png&auto=webp&s=988ad67dcf1d5a57ab03561754502afdf6444693

What is MetaMask?

MetaMask is a browser plugin that serves as an Ethereumwallet. It allows users to store Ether and other ERC-20 tokens. By connecting to Ethereum-based Dapps, users can spend their coins in games, gambling applications and trade them on decentralized exchanges.

How do you use it?

To use it, you will need either Chrome, Firefox, Opera or the Brave browser.
It is installed like any regular plugin. Once it is installed, transactions can be made to any Ethereum address.
Dapps automatically connect to MetaMask, simplifying the connection process. Within the Dapp, if payment is required, a pop-up window will appear asking to confirm the transaction from the MetaMask account.

What advantages does it have?

  • 😻 Popular - it is commonly used so users only need one plugin to access a wide range of Dapps.
  • 🕐 Simple - Instead of managing private keys, users just need to remember a list of words and transactions are signed on their behalf.
  • 💽 Saves space - Users don’t have to download the Ethereum blockchain as it sends requests to nodes outside of the user’s computer.
  • 🔗 Integrated - Dapps are designed to work with it, so it becomes much easier to send Ether in and out.

What disadvantages does it have?

  • 👪 Third party - MetaMask holds private keys within the user’s browser. This is less safe than a hardware or paper wallet. It is a reasonable compromise for the ease-of-use.
  • 🖥️ External nodes - Instead of being a full node, it relies on external nodes which sometimes have downtime that can cause MetaMask to stop working.

What alternatives are there?

  • Parity - Another browser-based wallet that provides access to Dapps and Ethereum transactions.
  • Mist browser - A browser designed to access Dapps which works with Mist wallet, a full node Ethereum wallet.
  • MyEtherWallet - A similarly popular online wallet which is based on Ethereum coins and tokens. It allows you to make transactions without needing to download the Ethereum blockchain but doesn’t integrate into Dapps in the same way.

Did you know?

MetaMask integrated with hardware wallet TREZOR so users can use the service while keeping their crypto on a hardware wallet.

The future:

Thousands of developers are building on decentralized applications and hackathons are celebrating and encouraging this. It’s likely that they will get better and better and user numbers will start to pick up. MetaMask is likely to continue to be an easy access point for all these decentralized services.
Link and Credits to Original Blog Post: https://decrypt.co/resources/metamask
submitted by Tokenberry to NewbieZone [link] [comments]

How to migrate MEET.ONE Token in MEET.ONE app

How to migrate MEET.ONE Token in MEET.ONE app

https://preview.redd.it/4ch8nii0wlk11.png?width=800&format=png&auto=webp&s=5a9ea85aabcad7addb7fb7e730148067666bcd8d
On 30th July 2018, MEET.ONE team made the following official announcement to its Token holders:
The new MEET.ONE Token on EOS Mainnet is fully activated, users holding the existing ERC-20 MEET.ONE Token is required to complete the migration before 23:59:59 (UTC 0800) on 30th September 2018 and the existing MEET.ONE Token will be obsolete from 00:00 (UTC 0800) on 1st October 2018.
The new MEET.ONE Token smart contract has already passed the security audit by SlowMist, so how does one complete the MEET.ONE token migration and own the new MEET.ONE token as soon as possible?

1. For users who stored their MEET.ONE in ETH wallet

1) Download the MEET.ONE APP
Google Play: https://play.google.com/store/apps/details?id=one.meet (URL: https://meet.one/)
2) Open the “Discovery” tab in the APP and click on “Token Migration”

https://preview.redd.it/ezobuaw7wlk11.jpg?width=591&format=pjpg&auto=webp&s=9a3c7594147aa5a05ccd4041c8df40b002944c3d
3) Enter your own EOS address and ETH address
Please ensure that you have entered correctly your own ETH address where the existing MEET.ONE Token are being stored and your own EOS 12-digit account which will receive the new MEET.ONE (EOS Mainnet).

https://preview.redd.it/nzf1zu1ewlk11.jpg?width=379&format=pjpg&auto=webp&s=a5c79b66401f79b2c00563027bf33f4c2bcf0dc3
Special Reminders:
a. Please ensure that you have read the migration guide carefully and follow the instructions in the APP strictly, by registering your account information first before carrying out the transfer transaction.
b. Your 12-digit EOS account will be used to receive the new MEET.ONE Token, please ensure it is entered correctly. Users will have to bear the responsibility for incurred due to input errors.
c. Please ensure that you are able to complete the following operations including the transfer and registering the transaction information, within 2 hours after entering your account information. You are advised to carry out the operation during your free time at night.
4) Click on “Migrate” to go to a new page, copy the official ETH address and transfer all your existing MEET.ONE to the official ETH address.
In the “Payee Wallet Address” on the transfer page of your ETH wallet such as imToken, MEW, paste the official ETH address and complete the transfer.

https://preview.redd.it/ekeiitchwlk11.jpg?width=756&format=pjpg&auto=webp&s=58e70595c174010fbc3a0b0777ad4f9b722718cb
Special Reminder: Please ensure to transfer all your MEET.ONE to the official ETH address as a single transaction.
5) Wait for the transaction confirmation from the Ethereum network and copy the TxHash values to the TxHash field in the MEET.ONE migration guide in the MEET.ONE APP and click on “Transfer Confirmed”.
How to correctly enter the TxHash?
a. Open ETH Block browser: https://etherscan.io/

https://preview.redd.it/a69i1eytwlk11.jpg?width=456&format=pjpg&auto=webp&s=4194ffc87ef96a73d52770a95518bc9c0f2016f5
b. Enter your ETH address in the upper right corner (in the red box) and click GO

https://preview.redd.it/t87bryxuwlk11.jpg?width=800&format=pjpg&auto=webp&s=2c88a2cdcb5d3995890c1e090650452825cd8f44
c. In the new page, click Erc20 Token Txns ( 1 ), click on the transaction to the official address TxHash ( 2 )

https://preview.redd.it/qe7rwx7wwlk11.jpg?width=796&format=pjpg&auto=webp&s=6163b08c3fba00e97d8238de087a3548c6c67411
d. If the Tx Receipt Status is Success, you can copy TxHash
If your TxHash is entered correctly, you will be shown the following message after clicking on “Transfer Confirmed”, and the EOS account you entered will receive the equivalent amount of MEET.ONE Token within 3 working days; If there is any error, please make amendments in response to the error message shown.

https://preview.redd.it/9wedfj90xlk11.jpg?width=308&format=pjpg&auto=webp&s=1c8720ff90ee4cd0704e60b42527ec67cdb1ed01
Special Reminders:
a. Please ensure that the TxHash values are copied only after you have received confirmation from the Ethereum network that the transfer is successful, else you will not be able to receive the new MEET.ONE token.
b. Please ensure that you complete the operations including transfer and filling in the TxHash value of the transfer within 2 hours. If you encounter special circumstances, please get in touch with us through the contact information provided in the APP.
c. Please beware of fake addresses provided by various phishing websites and articles published by fake Official accounts and fraudsters passing off as staff. The only Official address is provided in the migration guide within the MEET.ONE official APP and can be copied with one click. (0x7D7F578D6A7271bAEfa240123351D984b4f87A61)
Incurred due to errors in filling in transfer addresses are irreversible and the MEET.ONE team will not take any responsibility or be liable.
6)If you have successfully transferred token but did not fill in the required information within 2 hours, don’t worry about losing your MEET.ONE token just submits the following information to our staff’s email address ([email protected]) :
  1. Your EOS address which we will transfer new MEET.ONE
  2. Your ETH address which you have transferred old MEET.ONE
  3. TxHash value of Transaction
  4. The intercepted information must be a screenshot of the wallet’s account (for example, a screenshot of the MEW wallet)

https://preview.redd.it/nngutv54xlk11.png?width=800&format=png&auto=webp&s=12fa2019419fda690422dc1fd18bad4fc6c721bd
  • The screenshot is meant to prove this ETH account belongs to you. If you can’t provide, we can not confirm that this account is yours, sorry we can’t help you deal with.
  • Processing time is expected to be three working days, please be patient.
  • If the submitted information is insufficient, we will not process it.

2. For users who have stored their MEET.ONE in exchanges

Option 1
Wait for the exchange to be officially integrated with MEET.ONE and the exchange will complete the migration on behalf of its users.
We welcome relevant person in charge of exchanges to contact us at our Official Email address: [email protected]
Option 2
Withdraw your tokens from the exchange to your ETH address and participate in the official migration by following the steps in the above guide.

3. How to manage the new MEET.ONE token?

In the MEET.ONE APP, you can manage all Tokens in the EOS Mainnet, which needless to say includes MEET.ONE.

https://preview.redd.it/3nw4xwj7xlk11.jpg?width=800&format=pjpg&auto=webp&s=0fd0c4d729ab502a38ec1c32c1d13b7f89539a3d

4. Safety reminder & disclaimer

1) All users are advised to use the Official ETH address provided in the MEET.ONE app only, to avoid all forms of phishing websites. Incurring due to wrong address are irreversible and the MEET.ONE team will not bear any responsibility.
2) Please ensure that you have carefully read through the migration operation tutorial in the MEET.ONE app before carrying out the operation. When transferring your MEET.ONE token to the MEET.ONE Official ETH address, please be sure to fill in your 12-digit EOS account in the Remarks field as the address to receive your EOS-based MEET.ONE token. Users will have to take all responsibility for incurred due to missing or incorrect data in the field.
3) If you have any questions about the migration process, please contact us on MEET.ONE official Telegram: https://t.me/MeetOneEnglish

About MEET.ONE

MEET.ONE is a block producer candidate from Singapore and was elected as one of the Genesis BP on 15th June 2018. Since its establishment, MEET.ONE has been devoted to becoming the Portal to EOS Ecology and is actively involved in the construction of EOS ecosystem.
At the user level, the team has experience in development and operation of products with 100 million users and has successfully launched two core products: the EOS ecosystem wallet “MEET.ONE” which has EOS asset management and information in one and “MORE.ONE” the EOS premium project airdrop platform, and have accumulated a massive number of EOS holders and active users. The ”EOS TOOLS” which was used to verify if mapping was successful and “EOS KIT” which allows users to browse global EOS information were all developed by MEET.ONE.
In terms of underlying technology, MEET.ONE team will be launching the first sidechain based on the EOS Mainnet. Resources such as RAM, CPU and NET needs to be purchased to develop on the EOS Mainnet, and with the rising price of EOS and RAM, the young development teams will have difficulty paying the costs in the early stages. However, the MEET.ONE sidechain will provide developers a secure, stable and cost-effective EOS friendly development environment by offering it at lower costs.
As a result, MEET.ONE will achieve a full-chain structure in the EOS ecosystem construction, forming a complete ecosystem structure from the user level to the ground layer. On this basis, MEET.ONE will fully integrate its own advantages and become an important incubator for the EOS application ecosystem. For example, the MEET.ONE Foundation will invest in an investment in quality Dapp in the EOS ecosystem. By leveraging on the advantage of the massive amount of EOS holders accumulated by our core products such as MEET.ONE APP and MORE.ONE APP, we will provide a better exposure platform for Dapp, providing a chance for users to participate in the early stages of quality projects.

submitted by MEETDOTONE to eos [link] [comments]

"...Update explains why it's in all the previous investors best interest to make CRED temporarily an ERC-20 token..."

https://credits.energy/updates/ Update explains why it's in all the previous investors best interest to make CRED temporarily an ERC-20 token. This will get listed on more exchanges and faster. You will be able to swap the token for the actual crypto soon. ERC-20 goes live next week. #vc https://twitter.com/creditsenergy/status/1050371156694380545

From the website:
Update 10/11/18
We have decided to make CRED temporarily an ERC-20 token that you can send to any Ethereum wallet that supports ERC-20 tokens. Multiple exchanges accept ERC-20 tokens and very few can support a Monero based coin. So the plan is to finalize and test the token over the weekend. When the token is complete you will send your CRED to a specific email address through the app with the address to your Ethereum wallet that supports ERC-20 tokens in the “enter your note” section of the send CRED. We will then manually send you the CRED (CX) token to your wallet address. We will post the email address to send the CRED to on the next update with further more clear instructions. Also to clarify we are still developing a full fledged cryptocurrency. This is so the community can cash out as they wish via supporting exchanges. You can also choose to hold onto your CRED ERC-20 tokens. You can trade half and keep half if you wish. You will be able to swap out the token for the future CRED coin. This will give us time to perfect the technology and build a more secure infrastructure. Speaking of security, we recently implemented 2FA in the web wallet. Another update will be posted soon about how to exchange your CRED for the token.
-Luke
The Credits Team

Comments as follows:
OK that was some more disclosure. This is nothing new. If you go back and look at the original white paper and website a ERC-20 smart contract was suppose to be in place for the pre ico and then ico. We never saw it. It was wiped from the site and mostly forgotten.

Is this progress or another case of a of “Too Little Too Late”
Where can we see the smart contract? Please release the contract details & address.
Token Contract Address
Token Symbol
Decimals

"swap the token for the actual crypto soon"
So does these mean this is to be an ETH based coin, or a @monero fork?
Is this no longer an Anon coin?
Where is your road map?

This will at least give people a “token” on an actual decentralized blockchain.
The onus is on holders to get an ETH wallet and send that eth address to a specific email address on the Credits app. Does that mean it can only be done on android or iOS apps? Is the web wallet not an option?

Another question: What happens with the apps and the web wallet? Do they go by the wayside?
Is this going to be a Monero Fork or not?
If not then all the work done to date is out the window as is all the time and money and another chunk of the little remaining public confidence in this project.
The Mobile apps as they are will not work with any blockchain. The Mobile miner has been all but forgotten and for good reason, as well there is no known internal or external nodes / network that where tested with the app.
If there was a network / code Luke says that rick and crew offered to sell him the goods, and Rick claims they tried to give it to Luke and he refused. How it ever was not in Luke's care and control and how Rick and crew came to be a position where they had the goods and where trying give them back or relieved themselves of it… It just speaks volumes about this projects direction and future.
Credits keeps on saying no matter who controls the twitter account or blog today that they are “perfecting the technology” It makes me cringe to hear it.
“Also to clarify we are still developing a full fledged cryptocurrency. This is so the community can cash out as they wish via supporting exchanges.
You can also choose to hold onto your CRED ERC-20 tokens. You can trade half and keep half if you wish. You will be able to swap out the token for the future CRED coin.”
OK... What Exchanges? What Market? What Liquidity?
Short term best case scenario is that you have a safe wallet to hold your “tokens” in. It provides little more. Holding them as ERC-20 tokens is the same as holding the bag indefinitely but securely.
It does not give us an anon cryptocurrency, a cryptocurrency mobile app, or an actual exchange listing.

So if this last move is going to actually get done then you will need a ETH wallet.
Compatible wallets
The following wallets are known to be compatible with Ethereum tokens (ERC-20 standard):
MyEtherWallet https://www.myetherwallet.com/ (no download needed) - Best overall choice for newbies.
MetaMask https://metamask.io/ (Firefox and Chrome browser addon) Recommended
Mist (Desktop)
Parity (Desktop)
imToken (iPhone)
imToken (Android)
Trust(iPhone)
Trust(Android)
Cipher(iPhone)
Cipher(Android)
Coinomi (Android)
Coinomi (iPhone)
submitted by e-networkassociates to CreditsCryptocurrency [link] [comments]

Etheroll DICE tokens unlocked May 15 on EtherDelta Exchange. Learn More Here.

EDIT: DICE Tokens are now transferable and available on EtherDelta exchange
Hello World!
Following on from the success of our crowdfund (which raised 18,945 ether for the house bankroll) and the recent soft-launch of our Ethereum dice game, we are very pleased to announce that our ÐICE tokens become available for trading on EtherDelta exchange May 15th from 0900 UTC.
What is Etheroll? Our Ethereum dice game is provably-fair, has a low 1% house edge and no sign-ups or deposits. Each dice roll is provably random and crypto-graphically secure thanks to the nature of the Ethereum blockchain. Players can set their own odds using our unique web-based UI. A world first for Ethereum!
In the few weeks since our soft-launch, we have seen players wager up to 108 ether on one roll of the dice. Check out some of the other large wagers here (current live contract) and here (discontinued contract).
We are currently in the process of ramping up into full production. We recently raised our bankroll by 1000 ether, ~1/18th of our total bankroll. Bankroll increases will follow in a gradual order. You can read more on our development focuses in our 3-6 month development road-map here.
What is ÐICE? We are inviting you to bet on the house. Our ÐICE token is an ERC-20 standards-compliant token, and a default token within MyEtherWallet and Parity. ÐICE grants its holders special rights and privileges within the Etheroll platform; including the right to profit your proportional share of the house bankroll generates via our dice game with its built-in 1% house edge. For example, if you own 10% of all tokens, you have rights to 10% of the profit the bankroll generates, every 12 weeks.
Each ÐICE token grants its owner the following rights and has the following benefits:
ÐICE Properties:
Learn more about ÐICE here.
Etheroll ÐICE Tokens Unlocked May 15 on EtherDelta Exchange ÐICE tokens are unlocked May 15th at 0900 UTC and will be available from this date forward on EtherDelta exchange. If you missed out on our crowdfund in February you can load up on ÐICE tokens from May 15th on the completely de-centralized EtherDelta exchange. You can learn more about the benefits of our DICE token by visiting etheroll.com today.
Trading ÐICE on EtherDelta Instructions on how to trade on EtherDelta exchange are posted to their website. Using the top menu, select 'Help'. From here, you can read the guides, or watch the screen-casts. For support, open the chat in the bottom right corner.
To interact with EtherDelta, you will need to use the Google Chrome Metamask extension. Metamask is available at https://metamask.io/. You can not use Mist to trade on EtherDelta. To create a sell order of ÐICE on EtherDelta, you will first need to send ÐICE tokens to your Metamask wallet and then deposit ÐICE into EtherDelta. Follow the guides available on their website for further details on how to achieve this. You can find this information under the ‘Help’ menu.
To buy ÐICE tokens, you will need to first deposit ether into EtheDelta exchange and then create a buy order. Follow the guides available on their website for further details on how to achieve this. You can find this information under the ‘Help’ menu.
Development Roadmap + Security Audits:
Recent Etheroll Numbers (~3 weeks soft-launch with zero publicity):
Some Interesting Crypto Gambling Numbers With a market cap of ~$29 billion USD, [1] it is estimated that 50-60% of all transactions relate to online gambling. [2] In the past year, BTC casino revenue was 3,173,833 BTC with a profit of 15,173.6 BTC. In the same period, 20.83 billion bets have been placed across Bitcoin casinos. [3]
More Information:
Disclaimer
Please be sure to read our risks document available here(PDF).
ÐICE tokens are available for trading May 15th from 0900 UTC on EtherDelta exchange. You can learn more about the benefits of ÐICE tokens by visiting etheroll.com today.
[1] Source: https://blockchain.info/charts/market-cap [2] Source: http://lsvp.com/2013/08/23/at-least-half-of-all-bitcoin-transactions-are-for-online-gambling/ [3] Source: https://thebitcoinstrip.com/stats/2015-01-02-to-2016-12-25
submitted by etheroll to ethtrader [link] [comments]

DEVCON2 report: Day 1 - Session notes & event photos

previous days
Imugr album https://imgur.com/a/GfPtr
Notes were initially typed on my phone, excuse the rough layout and typos.
WeChat update
The WeChat groups were still forked (Devcon2 vs DEVCON2). However it now looks like everyone is adopting the longer DEVCON2 chain (272 vs 134). Recommendation: The groups are at capacity, so ask someone in person to just add you to the DEVCON2 group.
`
VENUE & AMENITIES
DEVCON2 is happening in Shanghai on the famous bund river. It looks beautiful at night http://imgur.com/i5SGbL4
There were people doing Taichi exercises in the lobby for show http://imgur.com/Q33eHka
All of the hotel conference helper staff were Chinese women that were wearing these lovely dresses http://imgur.com/z9QuPVT
The quality of the food during the breaks and lunch time was extremely high quality (was too busy eating to take photos) http://imgur.com/AeAU9uQ
The only negative was the hiccup in the morning for registration. There was a line form 8am, at 9am not even 1/2 the people had managed to be registered, so the conference start had to be pushed back 1/2 an hour http://imgur.com/AeAU9uQ
`
SESSIONS
http://imgur.com/Z2b2Q3V
Dapp regulations
Speaker was from Coin Center Talking about the potential risks of Dapps / cryptocurrencies being classified as "securities", which could get you into trouble with the US gov FCC. Coin / token presales can get you into trouble as that can look like a security. There are ways to structure the technology and language to avoid to help keep you safer. Peter said you can contact him if you want to try and do a safer presale Peter(at)cooncebter.org
Panel
Generic talks of EVMs that were expanded on much more in later talks
Directions in Smart Contract Research: A Selection
From IC3 Hackers can try and exploit bugs to earn financial benefit Try and mitigate with formal specification & verification. Lots of research going into this in the Ethereum world right now. Use escape hatches to try and protect your contact against unforeseen bugs. Bug bounties can help
Incentive system for Swarm
Peer to peer file sharing for Dapps. Has been upstreamed to develop branch Talked about different contracts (SWAP / SWEAR / SWINDLE) that get nodes to pay and be paid for file retrieval and long term storage.
I'm still unsure why we need swarm Why aren't we just using IPFS for the storage/transfer, and just putting SWAP over the top for the incentive system. Then it would get wider network effects from the greater IPFS web. Also saves reinventing the wheel. Seems like "not invented here" syndrome.
Making the EVM scream
Made some tweaks to variable types, etc. to get some more performance. Showing benchmarks that it is faster. Same content as previous blog post TL;DR it is faster and they want to make faster
Raiden network
They have a working prototype. Will be available "soon". Should make transactions instant and lower the cost of transactions, and help with transaction privacy. Showed a demo of an IoT scenario. Consuming energy consumed tokens. Periodically during consumption it would record a transaction (was about once a second), which transferred the tokens instantly, keeping the energy flowing, until the tokens ran out Goal is to create a general framework to build off chain Dapps
Truebit: Trying to Fool a Blockchain
Ethereum is awesome because it is Turing complete. Means smart contracts could in theory analyse solidity code, improve itself, compile the new solidity contract, deploy new improved contracts, etc. But too expensive to do computations on chain, so instead you can get things calculated off chain. But how to do it securely? Created a proof of concept. Is secured by the "verification game", where someone submits result, someone can challenge. But the honest person will ALWAYS win.
Towards Web3 infrastructure
Swarm for peer to peer files. Again it sounds like they are reinventing IPFS. They should just let IPFS worry about that infrastructure, and should instead focus on the incentive structure on top. Whisper is a cool messaging system. Could be used to do streaming video content
Ethcore - building the distributed future
Showing off Parity client UI. It is a clean room implementation of the Ethereum client written in Rust. Parity will host its client as a Web UI (http://localhost:5000) Looks like a more fly featured version of local Mist wallet. The best feature is that using other tokens (e.g. DAO tokens, Gavcoin) are treated as 1st class citizen in the UI like ETH, makes it easier to interact and trade with http://imgur.com/T0Iii0h http://imgur.com/KCINbR9 http://imgur.com/jq5KysS
State channels. Making your application practical
Very clean short explanation of state channels. Watch it if you don't understand how they work.
Ethereum loves Web assembly
https://github.com/ewasm EVM is the core of ethereum. EVM has had some growing pains. Want to rewrite it using Web assembly technology, can vastly improve execution due to the Web Assembly execution engine within browsers. eWASM (ethereum web assembly). Restricted subset of an web assembly VM. Backwards compat with EVM 1. Has a tool EVM2WASM to can transpile EVM code to very fast web assembly. Allows extensibility, like putting metering off to the side of execution. eWASM ethereum exexution interface definition. Defines ~29 instructions. eWASM contract Interface ECI. Defines structure of a contact.
Casper
To move us from PoW to PoS. Goal of consensus protocols is to make all nodes make the same decision if they follow the protocol. Asynchronous consensus is REALLY difficult. Nodes that are behaving badly and not following protocol are Byzantine. 1/3 the talk was spent just defining terms like safety, estimates, approach motivation. Rest of session he spoke too fast and kept clicking next to flick through slides (60 slides in 20 mins). Wasn't able to catch the information at all .
Ethereum on ruby
EVM written in ruby Wrote a testing framework called teth. Means the tests can be run in memory in ruby EVM Let's you write tests with multiple actors to test complex interactions. Alice executes a contact. Bob does something else. Check the state.
Zcash loves ethereum
https://ethereumfoundation.org/devcon/?session=zcash-private-transactions-on-a-public-blockchain Bunch of cryptography researchers came up with some new insights. All became founders of zcash. Focused on privacy of transactions. Zcash will be released as its own blockchain 3 ways to combine privacy & programmability 1. Add privacy to Ethereum. Baby ZoE (zcash on ethereum) 2. Add progamability to the zcash blockchain 3. Connect zcash & ethereum blockchain. Project alchemy Project alchemy: verify zcash's PoW in solidity. Zrelay. Smart contacts to fulfil orders. do a trustless swaps of coins. Would enable ethereum contacts to send & receive zcash. Means they could do transactions more privately. Zcash launches Oct 28
Types for tokens
New kinds of typing disciplines that allow you to detect behavioural errors. Can help with formal verification systems, and drastically reduce the cost Talked about types as being pluggable components (sounds like interface based programming) Rholang is a blockchain based social contacting language with behavioural typing mechanism. It can detect deadlocks and race conditions at compile time. If you convert The DAO contact into rolang you can see the race condition
*Ethereum for Resource-Limited Devices * Getting ethereum onto mobiles, wearables and resource constrained devices. Multiple threads of progress being made to reduce requirements. Runs on a Rpi model A
Designs for the L4 Contract Programming Language Based on Deontic Modal Logic
https://Legalese.com Developing a DSL for lawyers to generate verified contacts. Like SQL for writing contacts. Will compile your contacts to English PDFs.
The Mauve Revolution
Ethereum is currently "slow", doesn't scale. Wastes lots of electricity woth PoW. Rather than spend $1000 on physical mining hardware & electricity, instead do virtual mining. Use the $1000 to virtual mine by staking. Uses a Casper smart contract. You register yourself as a validator.
submitted by DavidBurela to ethereum [link] [comments]

Etheroll is now LIVE!

For those who don't know Etheroll is the first dice gambling game on Ethereum. It works similarly to those dice games seen in BTC (PrimeDice, SatoshiDice...), but has the advantage of being totally trustworthy since ETH coins don't need to be deposited into the website or withdrawn, as it uses smart-contracts. Random numbers used by the game also come from Oraclize, a third party also based on the Ethereum network. It has a 1 % house edge, which is quite low.
Be sure to use Mist browser (recommended) and be connected to the Ethereum main network to play! https://etheroll.com
submitted by miguelejido to ethereum [link] [comments]

Introducing Blockjack, a Blackjack implementation for Ethereum (Status, Mist & Metamask compatible)

Hi everyone!
UPDATE: 150 games started on the first 24 hours since publising this. Thanks for the kind, candid and well-thought feedback and for playing the game. Cool stuff is coming.
I have just deployed http://blockjack.xyz to the Ropsten testnet (https://testnet.etherscan.io/address/0x9d6d7f1eba65c964a4e1d90a798fd167443c3039)
The project is Truffle based and all the code is open source (https://gitlab.com/voltaire_eth/blockjack) and aGPL licensed.
My plan is for it to run on the testnet for a couple of weeks until I'm comfortable enough to deploy it to the mainnet (after unit testing and audits have been done).
How to play:
Game limitations (for the first version):
Deck of cards and randomness:
https://gitlab.com/voltaire_eth/blockjack/blob/mastecontracts/DeckLib.sol
I have been deeply inspired by WhySoS3rious outstanding work on Rouleth for this.
Blockjack deck of cards gets randomness from a past block hash. When a player commits to an action, the block number where the transaction took place gets recorded and in a future transaction a random number for getting a card is generated from this hash.
This is the more sensible part of the game, so I would encourage everyone to give their opinion/feedback on this.
Architecture:
Blockjack is a fully decentralized app, there is no server other than the Ethereum network. Frontend (HTML/CSS/JS) is hosted on Gitlab Pages, and the http://blockjack.xyz domain just points to it.
This means the game is censorship free, you could get the frontend from wherever it is hosted (HTTP, IPFS, Swarm or a freaking DVD) and connect it to your Ethereum node of choice.
If you are really hardcore, you could even play the game without the frontend, sending the instructions from your wallet or you could create a script to interact with the game directly without human intervention, imagination is the limit.
Helping:
submitted by voltaireth to ethereum [link] [comments]

Bonehead's Ethereum News to Come (Updated)

NEWs To Come - last updated - April 5th, 2016
Ethereum’s ecosystem is growing so quickly, very exciting news has a habit of coming out of nowhere. That said, there are more than a few things to have on our radar. Thanks to help from this community, here’s a current list. As always, what am I missing?
Ethereum Blockchain Development
Other news we know will happen
Coin relays and interoperability
One very powerful aspect of Ethereum’s blockchain is it allows both formal relays between blockchains as well as general interoperability between chains. Relays allow Ethereum to empower other blockchains, basically letting these more classic chains (like Bitcoin and Dogecoin) use Ethereum as a service for smart contracts. This “bonded sidechain” is more powerful/flexible path to using smart contracts than building non-currency agnostic chains. Similarly, interoperability is a classic concept in software development with over 30 years of history. Ethereum’s Virtual Machine (EVM) greatly facilitates multi-chain interoperability – which could allow private chains to communicate with Ethereum’s public chain. Basically, Ethereum facilitates “chaining all the things”. In other words, even future private chains could interoperate with the Ethereum public blockchain to have a gateway between their secured private chain and the more global public chain. Private chain development is a GOOD thing under this model, even if that private chain is not an Ethereum fork.
Current examples
Public Dapps and/or ventures to keep an eye on
Ethereum ecosystem is growing in unbelievable way with well over a 100 DApps. Below are some DApps and ventures that have been commonly discussed and seem to be generating news sooner than later.
Many of Ethereum's 100+ DApps will fail, but it only takes one to succeed to bring Ethereum to the mainstream. That said, sadly, there will also be scams. We should never forget Bitcoin's NeoBee or any of the MANY failed exchanges. As a community, we'll want to keep a close eye out in more ways than one. Be enthusiastic but critical - with transparency being absolutely key to trust.
Developer tools to keep an eye on
Ether ATMs
Embedded Devices
Potential surprises that are not really surprises
Parting statement
Ethereum has essentially a monopoly on smart contracts, and from the list above, it should be clear that it has built a remarkable network effect around this ecosystem. It is a disruptive technology, that fosters synergies, and when put in a greater perspective, it’s market cap remains quite tiny, especially when you think of the relative size of the growing community.
Please let me know if there is something you'd like to see.
Concerns
You can support my ETH sleuthing addiction:
0x082b594a0fbb4faa007e72f3a31d56764ac4de66
submitted by nbr1bonehead to ethtrader [link] [comments]

Wanchain wallet still in beta?

Since Wanchain/Wancoin isn't ERC20 anymore, it seems that the only options to store the token (apart from exchanges) is to use the Wanchain wallet.
I looked a bit further into the Wanchain Wallet, on its github page.
I noticed that the first part says "Please note that this repository is the Electron host for the Meteor based wallet dapp whose repository is located here: https://github.com/ethereum/meteor-dapp-wallet". So I clicked on the link, and one of the first sentences written is "NOTE The wallet is not yet official released, can contain severe bugs!". TL;DR can contain bugs. c.f. https://i.imgsafe.org/ca/ca55117714.png
Then I came back to the Wanchain Wallet Github page, scrolled down to "If you want to install the app from a pre-built version on the release page, you can simply run the executeable after download". So I clicked on the 'release page' linked bit of the sentence, took me too https://github.com/ethereum/mist/releases. And in the description of the latest released version, it states "It is with joy that we present the 0.10.0 version of Ethereum Wallet and Mist Browser beta". TL;DR Mist is still in beta. c.f. https://i.imgsafe.org/ca/ca6a85af33.png
So I'm wondering: is the Wanchain wallet based on beta software(s)?
submitted by adrienbe to wanchain [link] [comments]

Cocos-BCX:The decentralized gaming application & crypto assets creation platform

Cocos-BCX:The decentralized gaming application & crypto assets creation platform

I. Project Overview

Cocos-BCX is a platform used for the development, operation, management and transfer of decentralized applications and in-application assets on the blockchain ecosystem. The platform mainly includes three function modules:
(1)The application development framework that supports multiple operating systems and various blockchain environments.
(2)Completely scripted, componentized and data-driven application development tools;
(3)An improved blockchain system, which is oriented to high performance applications and based on graphene technology framework, and its related functional components.
Cocos-BCX can allow developers to perform programming, debugging, and publishing of decentralized applications oriented to the blockchain environment, and hybrid architecture applications. Meanwhile, the platform integrates the distributed user account system, wallet and digital asset circulation platform based on the blockchain, which can realize the permanent saving and cross-chain use of in-application assets.

II. Project evaluation

(一) Market analysis

1. Market conditions | 8 points

The organizing pattern of productivity dominated by governments in some areas or industrial domains is apt to change in the context of bottlenecks existing for global scientific and technological progress, rising resource consumption, an aging population, and intensified geopolitical conflicts. In particular, in 2008, when Nakamot published his thesis "Bitcoin: A Peer-to-Peer Electronic Cash System", discussions on blockchain and digital currency have gradually extended from technological aspects to economic, social and political, and other fields. The general public have begun to pay close attention to the impact of blockchain on social development as well as the role of digital currency in the world economy. Based on the decentralized characteristics of the blockchain and the vibrant vitality of the digital economy, the general public has enough confidence to predict that the decentralized "digital assets" will be a sweeping trend in the future, and will derive new business models and social values.
At the same time, in the development process of decentralized applications of different types, the game industry enjoys unique development advantages, because the game's production mode is the most sophisticated, enjoys the highest degree in terms of commercialization, and is one of the scenarios with the most profound foundation in terms of developers and users.
u Analysis: The game field has a huge room for development, which is highly consistent with the characteristics of the blockchain, and accords with the future development tendency of the digital economy.
The digital asset economy model carried by the project through the blockchain technology will assetize the content produced by the developer, enable the developer to continue reaping benefits during the use, management and transfer of his assets, and provide him with a convenient, decentralized game distribution channel; meanwhile, it helps players to transform the data formed by time and energy as well as the props they obtain as a result of their consumption into the assets that can be safely stored and circulated, offering players the right to manage and commercialize them.

2. Competition | 8 points

Since the last century till now, owing to the sustained efforts and promotion by a variety of IT technology game enterprises, the national and even global online game market is developing by leaps and bounds. If there is no systematic risks, such as policy regulation, vicious incidents and other factors, there will be no smooth and endless development momentum unless something unexpected happens. However, an objective analysis reveals that the current online game market is still dominated by IT technology companies, and even in a controlled and monopolized development, which, of course, also brings substantial profits, such as Tencent, Blizzard Tech.
u Analysis: It can be predicted that the Cocos-BCX project will hardly have any direct competitors in the strict sense for the time being, but will encounter a marginal pressure competitive environment from two dimensions. In summary, the classical IT game companies at home and abroad are massive in size and have obvious capital advantages. However, the Cocos-BCX project has an advanced philosophy and cutting edge technology, and thereby enjoys first-mover advantages for a breakthrough; The blockchain game project of the same business is currently marked by wide participation and generic applicability. But in comparison, the Cocos-BCX game industry has such advantages as a salient background, special project orientation and sophisticated development in technical modules, and therefore has greater development potential.

(二) Token Status

1. Token situation | 6 points

(1) Basic situation of Token
Token name: COCOS
Total tokens in circulation: 100 billion
Consensus mechanism: DPOS
(2) Token usage and allocation
Part I 82%: Cocos-BCX is used for the platform community construction in various ways, including but not limited to the witness' block reward, incentives for platform ecological developers, global community construction, marketing and promotion, industry alliances, eco-investment, research, financial and legal compliance. The use of this part of Cocos-BCX includes swapping by means of the consensus work contributions, free gifts, gifts in exchange for service, and gifts in exchange for other tokens, etc.
Part II, 18%: Cocos-BCX is intended as incentives for the sponsoring team of the project. The incentive part will set up a locking mechanism, which will be issued and unlocked one-third at the end of each year after Token generation, and the issuance will be completed within three years.

https://preview.redd.it/sahtuohmtb821.jpg?width=684&format=pjpg&auto=webp&s=324cbde0e5911f219649d8a64470dc3d70ecdb7f
u Analysis: The use of Token is mainly divided into two parts, among which, 82% is used for project development and construction. The remaining 18%, which has a locked position mechanism, is intended for team incentive and construction. The use design is rather rational, but the team part is slightly higher. Given that the industry is in the initial stage of development, it is of great importance to seize the first opportunity and acquire early traffic users. It is suggested that the proportion of Token used by the team be reduced slightly, which is more conducive to the long-term development of the project. It should be noted that the original holding distribution of Token has not been queried via the official channel, while this link for the conventional blockchain project are basically disclosed. Meanwhile, from the standpoint of ordinary investors, Token’s original holding ratio is also one of the important parameters for its investment.

2. Ecological cycle | 8 points

(1)The Token (COCOS) positioning of the platform: circulation media and governance proof in eco-economic activities
COCOS not only serves as a value exchange carrier and community participation proof for Cocox-BCX, but its orientation as a basic pricing Token is likely to play a critical role in the digital asset ecosystem. With the continuous development of the industry, a large quantity of decentralized digital assets will exist in multiple blockchain ecosystems according to different standards in the future, and the value existing in asset pricing media transcending the chain ecology will be infinitely magnified.
, which is specifically manifested in that developers and users can evaluate, compare, trade and manage digital assets of different chain ecosystems, worldview content, and technical standards based on COCOS. Meanwhile, as a primary and basic pricing medium, COCOS is positioned to become the necessary conditions for the blockchain industry to develop and trade financial products and derivatives of digital assets in the future.
(2)Basic use model of Token (COCOS)
Ø Value exchange medium within the platform ecosystem;
Ø Entrusted consensus equity share representative of the Cocos-BCX public blockchain;
Ø The reference and basis for the measurement of the participation in and contribution to the platform community.
(3)How to obtain Token (COCOS)
Ø Value creation: It includes the contribution of the behavior of creating digital assets, that is, developing games, making props, etc.
Ø Platform contribution reward: Users who contribute to the Cocos-BCX community is entitled to COCOS;
Ø Market transaction: Selling the prop assets obtained in the game to get COCOS;
Ø Behavioral incentives: Various effective behaviors within the Cocos-BCX platform, community and platform games will be converted into COCOS
according to a certain contribution degree.
u Analysis: The use model, scenario application, acquisition method, market orientation, etc. for the Token ecosystem design are all well deliberated, to be verified by the market.
The ecosystem design of the Token project not only takes the macroscopic use model and scenario application, but also gives a detailed description of the acquisition method. Another point that must be pointed out is that it has a clear market orientation and future prospect as soon as the design begins, therefore, in general the Token ecosystem design is well-considered and far-sighted. However, for the volatile blockchain market, the crux depends on whether the ecological design philosophy can keep pace with the times, which is very essential. In a word, in the face of massive uncertainties, it needs to be finally verified by the market.

(三) Team member

1. Founder | 8 points


https://preview.redd.it/6xhhabgntb821.jpg?width=200&format=pjpg&auto=webp&s=f8b038f4b4016724adf160c180c1eab3fb86aa1b
Haozhi Chen
China's renowned Internet serial entrepreneur, and has successively led and participated in the creation of Joyo.com, Xcar.com.cn, and cdn.yeeyan.org since 1999, and founded Chukong Technology in 2009. Chukong is a leading game development and distribution enterprise in China and a major maintainer and supporter of the Cocos-BCX global open source game engine and developer community.

https://preview.redd.it/t5siu9cotb821.jpg?width=200&format=pjpg&auto=webp&s=262123cfe0f40dbc87177d62ff57bd9e270a12cf
Xiaolong Yang
With over 14 years of experience in technology entrepreneurship and investment, he once co-founded China's leading entertainment social networking company. As an investor, he once worked for China's leading private equity fund, during which period, he led and participated in investment projects totalling over 1 billion US dollars, and realized the exit of some projects at home and abroad. His interests and expertise mainly concentrate on information technology of the global primary market and secondary market in the later stage, and macro multiple asset category investment, and has a profound understanding of the financial market mechanism and asset pricing. He is also an investment partner in China's major technology investment fund and provides counselling for Chinese and American hedge funds, venture capital funds and large enterprises.
u Analysis: Chen Haozhi, as a founder, has rich experience in the game industry, and enjoys widespread networking and abundant resources in the industry as being one of the early Internet entrepreneurs; Another founder, Yang Xiaolong, has a strong experience in technology venture capital investment, and has the expertise for global investment layout. On the whole, two co-founders have a prominent advantage in overall industry background and integrating resources.

2. Founding team | 8 points


https://preview.redd.it/15ytlu4ptb821.png?width=877&format=png&auto=webp&s=26839b00d4921c925431e8f0be337c9828e0eb49
Kevin Yin: An early contributor of CocosChina community, NOI winner, and ACM guest. A senior developer of blockchain, and having years of experience in compilation and distributed computing. An investor of the blockchain technology.
Jane Jin: Responsible for CocosChina community, the "Aipuworks" incubator, etc., and an expert of the Techincal Committee for Blockchain, China Software Industry Association. Bachelor of Economics, Zhejiang Gongshang University, and mini-EMBA of Tsinghua University. He once served important functions in "Fortune Global 500" including Lucent, Nortel, NSN, Nokia, Intel and other multinational companies in the marketing, sales, executive and developer relationship domain.
James Jeon: Responsible for the business development strategy and implementation of the project's South Korean section. From 2012 to 2015, he served as CEO of Gurum Company, a South Korean subsidiary of Chukong Technologies, earning an annual revenue of over $30 million from the scratch for the South Korean company and leading the South Korean subsidiary in going public successfully.
Frederick Lim: Responsible for the business development strategy and implementation of the project's South Korean section. From 2014 to 2015, he served as co-CEO of Gurum Company, and was once the director of the Strategic Investment Department of Hyundai Group, responsible for investment in Internet, communication, telecommunications and other fields. He is a doctor of Engineering Technology, Sungkyunkwan University, South Korea.
Hirokuni Fujita: originally head of the Japanese subsidiary of Chukong Technologies. He graduated from Graduate School of Arts and Sciences, The University of Tokyo, majoring in Interdisciplinary Cultural Studies.
Jason: preacher of the Cocos-BCX community and meanwhile, senior manager of the Cocos 2d-x global community. He started to program on the Commodore-64 computer when he was 8. In addition to developing the community, he was keen on studying mathematics, finance, C++ and improving his Chinese proficiency.
Qinzhou Wang: Since entering the game industry in 2009, he has worked in the brand market in ZOL. Com. CN, Howell Expo, host of ChinaJoy, and is responsible for the brand market in Chukong Technologies.
u Analysis: The special technological talent construction of the team technicians needs to be further strengthened. At present, there is a blockchain technician. The game background and the advantages of the international architecture building enjoy prominent advantages, and there are sufficient team members on the strategic level and in the aspect of ecological construction. It is worth mentioning that team building is stable, and there is a high level of consensus among team members, which is conducive to the robust development of the project.
One member of the founding team has experience in the blockchain project development, that is, Chief Technical Officer, who is a senior blockchain developer. He has many years of experience in compiling and distributed computing, and is also a technology investor of blockchain.
In the early stage, owing to the demand of the game industry in the Japanese and Korean markets, Japanese and Korean market leaders were specially arranged in the early team structure of Chukong Technologies. In particular, due to the prosperity and popularity of the game industry in the Korean market, two co-leaders were specially arranged for the Korea market, responsible for strategic and investment issues respectively.
Consultant Team | 8 points

https://preview.redd.it/7d9dp2wptb821.jpg?width=558&format=pjpg&auto=webp&s=39fd3b0aa342403493df250d99c09472c48e0c72
Zhe Wang: Founder of the Cocos engine, and CEO of Xiamen Yaji Software Co., Ltd. He graduated from Department of Electronics, Nanjing University, and later studied a postgraduate program at Department of Management Science, Xiamen University. He created the Cocos engine in 2011, which currently has 1.1 million registered developers worldwide and 300,000 monthly active developers in over 200 countries and regions in the world. The Cocos engine has arrested the attention of platform vendors at home and abroad, and has established a long-term cooperative partnership with Microsoft, Google, ARM, Intel, Qualcomm, Samsung, Huawei and Tencent, etc.
Edith Yeung: One of some "Silicon Valley's Must Meet" investors as covered in Inc magazine. She is the head of 500 Startups, Silicon Valley's famous venture capital company and incubator in Greater China, and meanwhile, manages a Mobile Collective fund worth tens of millions of dollars. She has invested in over 40 mobile Internet, VR, AR and AI start-ups, including Hooked (App store's No. 1 reading App), DayDayCook (one of Asia's largest food communities), Fleksy (acquired by Pinterest), Human (acquired by Mapbox), AISense and so on.
u Analysis: The consultant team has obvious advantages in technological achievements, rich experience in technology innovation investment and incubation experience for startups.
The consultant team consists of a Maker-oriented technical talent and two venture capital managers with a senior venture capital background, among whom, Wang Zhe, technical consultant, graduated from Department of Electronics, Nanjing University and CEO of Xiamen Yaji Software. Wang is the founder of Cocos-BCX engine. At present, the Cocos engine has 1.1 million registered developers and 300,000 monthly active developers in over 200 countries and regions worldwide.

(四) Tech Analysis

1. Tech highlights | 9 points

(1) Smart contract system which can be updated iteratively: The smart contract system, represented by Ethereum, is not subject to modification once its definition is published, making it difficult to meet the volatile demands of market. Therefore, an iterative smart contract system is designed to address this pain spot.
(2) Prop circulation platform: Unlike conventional game transaction platform, Cocos-BCX's decentralized digital asset circulation platform does not have intermediary agencies. Players can complete the transfer and purchase of non-homogeneous assets, including "game gold coins" and prop assets acquired in the game on the prop circulation platform. In the whole process of transfer, the platform will adopt smart contract for automatic matching to help users complete the transfer process more efficiently.
(3) Game interactive operation environment:
Based on the judgment of the operation environment characteristics of blockchain games in the future, Cocos-BCX has designed a set of integrated operation environment that accommodates various types of APPs, as well as the supporting interoperability interface. Combined with COCOS Creator, it simplifies the process of docking game programs and blockchain, making intra-chain interaction transparent to developers, and allowing conventional game developers to develop or migrate blockchain game without a threshold.
(4) Mapping gateway that supports multi-chain and asset riveting:
Cocos-BCX provides a set of mapping gateways used for the automatic mapping of game gold coins and props. Under the unified value measurement system, it realizes the smooth transition of different in-chain game content and different platform content. The content that can be used for mapping includes game gold coins, game equipment data, etc.
(5) Transaction authentication mechanism that prevents BP/developers from cheating:
BP, as the core of transaction processing and communication of the whole network, can know the processing result of the latest transaction prior to general nodes. Therefore, BP enjoys a priority for information with timeliness or confidentiality
, as compared with general nodes, so it has a cheating potential in terms of
information acquisition. To address the drawbacks of this technical link, five modular confrontation mechanisms has been specially designed to hold the likelihood of BP/developer cheating at bay.
(6) Economies Principle Design of Cocos-BCX:
The Cocos-BCX platform carries the game assets value created by developers by providing a complete set of functional components including the underlying public blockchain, digital property management, and exchanges. Its technology and governance structure design, based on the graphene standard, has the economic attributes corresponding to the DPoS consensus mechanism.
u Analysis: There are a multiplicity of technical highlights in that the overall technology construction shows characteristics such as rigid logic and prominent modularity, and various technical solutions and mechanisms with a strong pertinence have been put forward.
Based on the market pain spots of the game industry, and combined with the development opportunities of blockchain technology, the Cocos-BCX project puts forward a vision system to create consistence between the content producer and consumer in the digital world. In view of the initial intention of the project and the relatively profound background of the game industry, the overall technical structure design of the project is highly targeted and has a strong logic, which can be described as closely connected with each other. Based on the large technical framework system, each technical link and organization also has a strong sense of target and logical gene, and on this basis, many modular and modified technical programs or mechanisms have been proposed. However, it is worth noting that the synergy of a series of highlight technologies remains to be verified and examined. Meanwhile, attention should also be paid to the practicability and rationality.

2. Impossible Triangle | 7 points

(1) Decentralization
Ø Low fork risk: Cocos-BCX uses the DPoS consensus mechanism, which does not require miners to use mining machines for mining, and thereby it can effectively avoid the impact of centralized computing on the entire basechain, which in turn reduces a low fork risk. Under the DPoS mechanism, if a witness wants to fork by voting, it is necessary to guarantee that over one third of the witnesses violate this mechanism at the same time.
Ø Improved DPOS consensus mechanism: The consensus layer of the Cocos-BCX test chain adopts the DPoS consensus algorithm. The advantage characteristics of the improved edition DPOS are as follows: all active witnesses have the same block predefined probability as the witnesses' predefined algorithm in the DPoS consensus algorithm, which ensures that the block probability of all witnesses is consistent with the block reward.
Ø Lightweight node: In Cocos-BCX design, lightweight node is essentially an environment with chain interoperability. Unlike the whole node, the lightweight node does not require to synchronize the whole network data. Instead, it needs the contract information and environment data required for synchronous running. This design can greatly reduce the data volume and synchronization time required for node synchronization, enabling the in-chain game terminal software to have a capacity which is actually used and a plausible time cost.
(2) Security
Ø Player autonomy and asset security: Because of the open and transparent characteristics of the blockchain network, the digital asset information obtained by players in the game can be viewed through the blockchain.
Ø Guarantee by modern cryptography: Modern cryptography is a technology based on mathematics. Currently, it has been widely used in many industries in the Internet domain. Common symmetric encryption technologies include AES encryption used for WiFi, and asymmetric encryption algorithms (public and private key cryptography) RSA, ECC, etc., among which, ECC (Elliptic Curves Cryptography) is an encryption algorithm commonly used in the blockchain field.
Ø A transaction verification mechanism that prevents BP/developers from cheating: BP enjoys a priority compared with general nodes, so it has the probability to cheat in terms of information acquisition. Therefore, the BCX program has designed a set of transaction execution, messaging, and operating mechanisms to address the possible links that allow cheating by BP and developers.
Ø Iterative updated smart contract system: It can provide logical updating and loophole repair for the in-chain game smart contract, thus ensuring the security and timeliness of the smart contract.
(3) Expandability:
Ø Strong expandability of the top-level design of the project
The expandability of Cocos-BCX is powerful, which is specifically shown in a decentralized game production and an overall solution to the game economy operation established by means of the game engine, development environment and Cocos-BCX game chain.

https://preview.redd.it/xm5n7esrtb821.jpg?width=1207&format=pjpg&auto=webp&s=c3daa5d913560c0e8143c0635374596566bdbfc9
A business ecosystem is constructed based on the above overall solution, with the purpose of connecting the global game ecosystem. The main ecological links include developers, users, creative content, key ecological links and blockchain system, etc.

https://preview.redd.it/h4ssn41ttb821.jpg?width=1276&format=pjpg&auto=webp&s=ca6244d17b9745ce41b5be235f75a39f8a8af051
Ø Expanded design of specific technologies and mechanisms
  1. Multi-platform game integration running environment: This platform is mainly characterized by four features, consistent and perfect chain interoperability interface, downward transparent accepting mode, encapsulated atomic operation and multi-platform compatibility.
  2. Interactive interface of blockchain:
Cocos-BCX provides a chain-interactive development environment so that developers can easily interact with the chain through this set of environment. Meanwhile, its blockchain interactive development environment provides development components compatible with multiple working platforms, including SDK for the Android and iOS system, javascript libraries for front-terminal web applications, and python and PHP libraries for back-terminal applications.
u Analysis: The expandability of the project's "impossible triangle" shows the most prominently, and the decentralized attribute is the weakest, whose security is between the two. However, the project takes the three into consideration in terms of the technical mechanism and program function. Yet, the focus is different.
The project interprets the “impossible triangle” by means of thinking and design that focus on technical aspects and key issues.
The security level first guarantees the assets security and freedom of the ecosystem participants, and meanwhile ensures the rationality and security of the overall framework design, and finally takes its system updating and safe recovery into consideration mainly by means of player autonomy, modern cryptography and transaction verification mechanism that prevents BP/developers from cheating.

3. Development difficulty | 8 points

According to the summary of the project white paper, the blockchain game can be generally divided into four developmental stages.
(1)Using the homogeneous assets for the settlement of the game "gold coins";
(2)Free conversion of the game "gold coins" and props;
(3)In-chain operation of critical rules;
(4)Overall in-chain operation of the game
The game in-chain operation is the final form of the industry. Based on the above summary, Cocos-BCX proposes the future development prospect, mainly represented in seven aspects:
(1)Players having a lightweight full-node environment;
(2)The service stack operating in the blockchain environment;
(3)The game engine as one of the node infrastructures;
(4)Providing a joint development/debugging environment including engine, visual IDE, and chain network interactive interface;
(5)a set of asynchronous consensus tasks between nodes to ensure the trustworthiness of the engine environment. This consensus may be based on the discrimination of feature code of
the engine critical function's target code
(6) The game code (contract) is executed by the secure virtual machine controlled by the engine, and the key numerical calculation of the contract may adopt
the “Trusted Execution Environment” scheme, which is executed independently of the main part of the contract;
(7) The key process of the contract is witnessed by the adjacent or related nodes (like players in a copy).
u Analysis: The project covers a multiplicity of technical characteristics and functional mechanisms. The overall development is rather difficult. However, it is highly practicable in terms of performance.
At the initial stage of the project, four stages of blockchain game development were analyzed. After combing, the highest prospect was proposed, implicating to create a complete multi-platform game running environment, which can provide game developers with convenience in developing blockchain games and a perfect ecological environment to the maximum, while bringing game users a brand-new gaming experience and a game form that transcends the previous ones.
Based on the initial project prospect, numerous technical goals and functional modules are listed, indicating that the technical support for the project vision is rather effective. However, as public blockchain of the industry application basis, it encompasses various technical applications and functional modules. Comparatively speaking, the development difficulty is rather big. Meanwhile, as released by the white paper, the theoretical throughput of the Cocos-BCX test chain can reach up to 100,000 tps. The actual throughput is approximate to 3,500 tps, and the block time is 3 seconds, that is, the information broadcast across the entire network is completed once every 3 seconds. It can be seen from the project technical performance data that it has a relatively strong realistic significance. Therefore, on the whole, the project puts forward a sizeable technical challenge, and in the meantime has a reasonable practicability, therefore, it is worthwhile to look forward to!

(五) Project status

1. Product | 7 points

(1)System-level products
Ø The application development framework that supports multiple operating systems and various blockchain environments.
Ø Completely scripted, componentized and data-driven application development tools;
Ø An improved blockchain system, which is oriented to high performance applications and based on graphene technology framework, and its related functional components.
Ø Supporting non-homogeneous wallets;
Ø A blockchain browser that supports the contract event subscription;
Ø Supporting the third-party non-homogeneous asset exchanges;
Ø Supporting the blockchain game developed by a third party;
Ø Cross-chain asset acceptance gateway.
(2) Functional products
Ø De-intermediary assets (prop) operation interface;
Ø Paradigms of non-homogeneous assets circulation platform;
Ø Supporting player autonomy and blacksmith shop mechanism;
Ø Visual IDE (including visual editing of the game program and contract);
Ø Complete wallet, user system and blockchain browser;
Ø Smart contract system that allows iterative updating.
u Analysis: According to the information released on the official website of the project, the timeline shows that the Cocos-BCX main chain has started the closed beta test in the third quarter of 2018. Based on the obvious characteristics of the project technology module, Cocos-BCX has launched two series of projects, namely, system-level and function-level products, including development frameworks, blacksmith shop mechanisms tailored to various operations and multiple environment.

2. Code updating | 2 points

u Analysis: It is learned from official communication that the source code of the project has not been made public for the purpose of keeping the project's trade secret confidential. It is planned that the project will be open source in the future after the ecological and system products become gradually stabilized.

3. Completion status | 8 points

u Analysis: The project has formulated an overall development plan and recent work tasks, and at the same time it has demonstrated its strong vitality through weekly report, timeline and development broadcast.
According to the official channel inquiry, the project has formulated the Roadmap for the 2018 key milestone quarter and the recent detailed work task breakdown plan, and the project has a very complete display system featuring three major development progresses:
(1) Weekly reporting system
(2) Project timeline
(3) Development broadcast
Through the Roadmap+ work breakdown + 3 major system model, the project's development trajectory and dynamics have been display in a basically three-dimensional, spatial, meticulous and detailed manner, and in the meantime, the powerful execution and self-vitality of the project have been also displayed.

(六) Institution enabling (Investors)

1. Cooperative institutions | 9 points


https://preview.redd.it/w7g2hjxttb821.jpg?width=1036&format=pjpg&auto=webp&s=da35e0e9e453271300bdd8e6574e8c3a61e70225
u Analysis: Cocos-BCX has a wide margin for cooperation, and its cooperation institutions are not only numerous, but also mainly of leading and quality enterprises in the industry.
The cooperative institutions include HelloEOS, NEO, NEBULAS (chain), Loom, IMEOS.ONE, Kingsoft Cloud and SlowMist Technology, etc.
NEO is one of the earliest blockchain projects in China. It was officially created in 2014 and was open sourced in real time in Github in June 2015. Since its establishment, the NEO team has experienced ups and downs of the blockchain industry. This project can be said to be a veteran project in the industry. NEO combines with a series of technologies, such as point-to-point network, Byzantine fault tolerance, digital certificate, smart contract, superconducting transactions, and cross-chain interoperability protocols, to perform rapid, efficient, secure, and legitimate smart management of assets.

2. Investment institutions | 9 points


https://preview.redd.it/s2td22eutb821.jpg?width=1273&format=pjpg&auto=webp&s=ffcd40c67fcd16739b16207e364b91e98180ffd8
u Analysis: There are numerous investment institutions, many of which are Class I institutions, with a strong institutional strength.
Investment institutions include NGC, Binance, INB Capital, Dfund, 500 Startups, BlockVC, OK Blockchain Capital, Yisu Capital, Xiong'an Capital, ONTology, FreeS FUND, NODE Capital, Consensus Capital, Hash Capital, NEO Capital, Ticker Capital , ContractVC, Junwu Capital, Candy Capital, Hofan VC, BMETA Capital, BYTE Capital, Nimble Capital, InsurFun, BA Capital, Consensus Lab, TOKENMANIA, Byzantium Capital, etc.
The rest investment institutions are also well-known. For example, DFUND was founded by Zhao Dong, a well-known figure in the digital currency domain in July 2017. Yisu Capital is engaged in the early investment and project cooperation, focusing on blockchain technology and big data intelligence analysis, and other domains.

(七) Drawing attention | 6 points


https://preview.redd.it/fa3k060vtb821.png?width=605&format=png&auto=webp&s=ca3b6a4b185c81bbafb5bccb571a43b9bbaba148
Project content description

https://preview.redd.it/y6w1f3hvtb821.png?width=796&format=png&auto=webp&s=8f3b2116d63a77f839a1e18787dd986c34a573a3
u Analysis: The game user and developer group are highly active, and meanwhile the publicity of the media and news client are enhanced. The overall heat and operation and maintenance thinking are well-balanced. However, the current community operation link is relatively weak, and requires improvement in the follow-up.
Presently, the number of community fans is small. Therefore, the operation link of project content is rather weak. However, media communication and news broadcasting, two links of propaganda and promotion efforts, are quite effective, basically realizing a timely and real-time posting of the latest developments of the project. Although the media and news client are widely disseminated, their social interaction is relatively weak. The social platform has its own communication limitations. However, it is highly involved in interaction.

(VIII) Social Response | 7.78

User A | Point: 7.9
Comment: From the perspective of production mode and commercialization, this game is the most sophisticated. So I think this project has a very extensive application scenario, especially for developers and users.
User B | Point: 7.0
Comment: Currently, it seems that the game industry is greatly influenced by macro policies. Tencent's recent performance is a case in point. However, the project orientation is quite good.
User C | Point: 8.0
Comment: The technical advantages of the project are particularly prominent, and it also seizes the development opportunities of the blockchain. However, ultimately it needs to undergo the test of the market.
User D | Point: 9.0
Comment: First of all, COCOS has a large number of developers, solid underlying technology and reliable team work, which is worth looking forward to. Of course, great "undertaking" calls for enormous input, especially in technology. The way is arduous and long. Come on.
User E | Point: 7.0
Comment:
As a game practitioner, I would talk something about Cocos-BCX project: when the concept of blockchain game is put forward for everyone to consider, at this stage, it is no doubt that the dimension (type) of the game is developed from the perspective of "inheritance" and "tracing its very origin". If the Cocos-BCX project can be applied by game developers in terms of "development kit", is easy to learn and use, and allows the mobile game developers to shift to the development of blockchain games without a threshold, then the game dimensions and users can be further expanded. In a word, phenomenal games of blockchain games need the support of Cocos-BCX and the efforts of developers, both of which are indispensable. It is hoped that the team will make great efforts in development and publicity. "Coin friends" may not need to know how the game is developed, but they will certainly care about its future space. Such evaluation can only be called prospects and expectations. It remains to be determined whether the project adopts capital operation or the mode as solid as the old engine of COCOS till the project is landed.

III. Evaluation Summary

The project orientation is accurate, and the team has a strong lineup. It merits pointing out that its technical strength and model architecture design are particularly prominent, and there are an array of investment and cooperation institutions with strong strength. However, at present, the code has not been open sourced and the community operation and maintenance is deficient. The information disclosure of the Token link is not particularly perfect, and individual investors may care much about it. The Roadmap of the project development is all too simple. These are the deficiencies of the project development at the current moment.
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Ethereum - YouTube Ethereum presents Mist How to install Ethereum and Mist with Fast Sync + Add EtherDelta and ENS Ethminer New Etherum Mining On Web Browser Earn Free Ethereum Without Investment Forsage Ethereum Smart Contract - Review & BONUS By Top Leader.

Website last updated: Jul 07, 2020. Individuals. What is Ethereum? What is Ether (ETH)? Use Ethereum; Ethereum Wallets Mist as a browser has a number of DApps linked to it and Ethereum Mist wallet is one of them. Since Mist is still in Beta testing, the wallet was released as a standalone product under the name I want to download the Mist browser (as opposed to the Ethereum Wallet accessible via ethereum.org) but can't find a link. The Github repo (https: Making statements based on opinion; back them up with references or personal experience. To learn more, see our tips on writing great answers. Sign Despite the booming token market based on its technology, ethereum isn't deviating from its stated goal of becoming a "world computer. In a move that showcases developers are still prioritizing the creation of so-called distributed applications (), a new version of Mist, the original browser designed for ethereum apps, made its debut at Devcon today. While the most popular of the Ethereum desktop dApp (decentralized application) browsers are Mist, Parity and Metamask, but in this article we'll be profiling the best Ethereum Mobile Decentralized Application (dApp) Browsers to help you make an informed decision on the particular browser to use for mobile mining work.

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Ethereum - YouTube

Ethminer Free Ethereum mining site .Ethereum mining hindi in pakistan and in india in usa or other countries as well. how to mine ethereum ether on laptop mobile and web browser. ethereum mining ... In this video i show you the complete walkthrough on how to install the Ethereum core wallet and the Mist Browser. I also show you how to add the EtherDelta exchange and the ENS domain register ... Alex Van de Sande presents a sneak preview of Mist, the Ethereum decentralised application browser. Help us steer development in UX/UI by commenting on https... Tutorial on how to add a Custom Token in the Ethereum Mist browser. I use the PreVNK token as an example but the same steps work for any token just the contract address is different. Ethereum is a platform that makes it possible for any developer to launch next-generation applications, available worldwide in a completely decentralized fas...