Bitcoin’s Final Boss Hacker Noon

What Is Defi?

Cryptocurrency’s promise is to make money and payments universally accessible– to anyone, no matter where they are in the world.
The Decentralized Finance (DeFi) or Open Finance movement takes that promise a step further. Imagine a global, open alternative to every financial service you use today — savings, loans, trading, insurance and more — accessible to anyone in the world with a smartphone and internet connection.
This is now possible on smart contract blockchains, like Ethereum. “Smart contracts” are programs running on the blockchain that can execute automatically when certain conditions are met. These smart contracts enable developers to build far more sophisticated functionality than simply sending and receiving cryptocurrency. These programs are what we now call decentralized apps, or dapps.
You can think of a dapp as an app that is built on decentralized technology, rather than being built and controlled by a single, centralized entity or company. (Get used to this word, dapp, you’ll be seeing it a lot from here on out.)
While some of these concepts might sound futuristic–automated loans negotiated directly between two strangers in different parts of the world, without a bank in the middle– many of these dapps are already live today. There are DeFi dapps that allow you to create stablecoins (cryptocurrency whose value is pegged to the US dollar), lend out money and earn interest on your crypto, take out a loan, exchange one asset for another, go long or short assets, and implement automated, advanced investment strategies.

What differentiates these DeFi dapps from their traditional bank or Wall Street counterparts?

At their core, the operations of these businesses are not managed by an institution and its employees — instead the rules are written in code (or smart contract, as mentioned above). Once the smart contract is deployed to the blockchain, DeFi dapps can run themselves with little to no human intervention (although in practice developers often do maintain the dapps with upgrades or bug fixes).
The code is transparent on the blockchain for anyone to audit. This builds a different kind of trust with users, because anyone has the opportunity to understand the contract’s functionality or find bugs. All transaction activity is also public for anyone to view. While this may raise privacy questions, transactions are pseudonymous by default, i.e. not tied directly to your real-life identity.
Dapps are designed to be global from day one — Whether you’re in Texas or Tanzania, you have access to the same DeFi services and networks. Of course, local regulations may apply but, technically speaking, most DeFi apps are available to anyone with an internet connection.
Permissionless” to create, “permissionless” to participate — anyone can create DeFi apps, and anyone can use them. Unlike finance today, there are no gatekeepers or accounts with lengthy forms. Users interact directly with the smart contracts from their crypto wallets.
Flexible user experience — don’t like the interface to a certain dapp? No problem — you can use a third party interface, or build your own. Smart contracts are like an open API that anyone can build an app for.
Interoperable — new DeFi applications can be built or composed by combining other DeFi products like Lego pieces — e.g. stablecoins, decentralized exchanges, and prediction markets can be combined to form entirely new products.
DeFi is now one of the fastest growing sectors in crypto. Industry observers measure traction with a unique new metric — “ETH locked in DeFi”. At the time of writing, users have deposited over $600 million worth of crypto into these smart contracts.
Intrigued? Let’s take a closer look at just a few of the popular DeFi dapps out there that you can try today. You’ll need a cryptocurrency wallet with a built-in dapp browser (like Coinbase Wallet) to connect to these dapps. You can also use most of these dapps on desktop by selecting the Coinbase Wallet option and scanning a QR code.
It’s still early days for dapps, so DeFi users should do their research on new products and services. Like any computer code, smart contracts can be vulnerable to both unintended programming mistakes and malicious hacks.

Stablecoin and Decentralized Reserve Bank: MakerDAO

Maker is a stablecoin project where each stablecoin (called DAI) is pegged to the US Dollar and is backed by collateral in the form of crypto. Stablecoins offer the programmability of crypto without the downside of volatility that you see with “traditional” cryptocurrencies like Bitcoin or Ethereum.
You can try creating your own DAI stablecoin on the Maker Oasis dapp. Maker is more than just a stablecoin project, though–it aspires to be a decentralized reserve bank. People who hold a separate but related token, MKR, can vote on important decisions like the Stability Fee (similar to how the Federal Reserve’s Federal Open Market Committee votes on the Fed Funds rate).
Another stablecoin with a different architecture is USD Coin (USDC), where every USDC token is backed by one US dollar held in an audited bank account.
Borrow and Lend: Compound
Compound is a blockchain-based borrowing and lending dapp — you can lend your crypto out and earn interest on it. Or maybe you need some money to pay the rent or buy groceries, but your funds are tied up in your crypto investments? You can deposit your crypto to the Compound smart contract as collateral, and borrow against it. The Compound contract automatically matches borrowers and lenders, and adjusts interest rates dynamically based on supply and demand.
Other popular borrow/lend dapps are Dharma and dYdX. Aggregators like LoanScan track borrow/lend interest rates across the various dapps, so you can shop around for the best rates.
Automated Token Exchange: Uniswap
Uniswap is a cryptocurrency exchange run entirely on smart contracts, letting you trade popular tokens directly from your wallet. This is different from an exchange like Coinbase, which stores your crypto for you and holds your private keys for safekeeping. Uniswap uses an innovative mechanism known as Automated Market Making to automatically settle trades near the market price. In addition to trading, any user can become a liquidity provider, by supplying crypto to the Uniswap contract and earning a share of the exchange fees. This is called “pooling”.
Other popular Decentralized Exchange platforms (DEXes) include 0x, AirSwap, Bancor, Kyber, IDEX, Paradex and Radar Relay. All have slightly different architectures.
Prediction Markets: Augur
Augur is a decentralized prediction market protocol. With Augur, you can vote on the outcome of events, except you put ‘skin in the game’ by attaching a value to your vote. Prediction market platforms like Augur and Guesser are nascent, but offer a view into a future where users can make better predictions by tapping into the wisdom of the crowd.
Synthetic Assets: Synthetix
Synthetix is a platform that lets users create and exchange synthetic versions of assets like gold, silver, cryptocurrencies and traditional currencies like the Euro. The synthetic assets are backed by excess collateral locked into the Synthetix contracts.
No-loss savings games: PoolTogether
The composability of DeFi lends itself to infinite new possibilities. PoolTogether is a no-loss game where participants deposit the DAI stablecoin into a common pot. At the end of each month, one lucky participant wins all the interest earned, and everyone gets their initial deposits back.

So what’s next for DeFi?

Money and finance have been around in one form or the other since the dawn of human civilization. Crypto is just the latest digital avatar. In upcoming years, we might see every financial service that we use in today’s fiat system being rebuilt for the crypto ecosystem. We’ve already seen asset issuance and exchange, borrowing, lending, custody, and derivatives built for crypto. What’s next?
The first generation of DeFi dapps rely heavily on collateral as a safeguard. That is, you need to already own crypto and provide it as collateral in order to borrow more crypto. More traditional unsecured borrowing and lending will need to rely on an identity system, so that borrowers can build up credit and increase their borrowing power, much like today’s SSN and FICO scores. Unlike today’s identity and credit systems however, a decentralized identity will have to be both universal and privacy-preserving.
We’re also seeing innovation in the insurance space. Many of today’s DeFi loans are overcollateralized (meaning that loans seem inherently safe because of the generous cushion of assets held in reserve). But the black swan for DeFi is smart contract vulnerabilities. If a hacker finds and exploits a bug in the open source code for a dapp, millions of dollars could be drained in an instant. Teams like Nexus Mutual are building decentralized insurance that would make users whole in the event of smart contract hacks.
Another trend we’re seeing is better user experience. The first generation of dapps was built by blockchain enthusiasts for blockchain enthusiasts. These dapps did a great job of demonstrating exciting new DeFi possibilities, but the usability left something to be desired. The latest iterations of DeFi apps are prioritizing design and ease of use in order to take open finance to a wider audience.
In the future, we expect that crypto wallets will be the portal to all your digital asset activity, just like an internet browser today is your portal to the world’s news and information. Imagine a dashboard that shows you not just what assets you own, but how much you have locked up in different open finance protocols–loans, pools, and insurance contracts.
Across the DeFi ecosystem, we’re also seeing a move towards decentralizing governance and decision-making. Despite the word “decentralized” in DeFi, many projects today have master keys for the developers to shut down or disable dapps. This was done to allow for easy upgrades and provide an emergency shutoff valve in case of buggy code. However, as the code becomes more battle-tested, we expect developers will give up these backdoor switches. The DeFi community is experimenting with ways to allow stakeholders to vote on decisions, including through the use of blockchain-based Decentralized Autonomous Organizations (DAOs).
Something magical is happening in the open financial system — crypto is bringing money online, and we’re seeing a quantum leap in what’s possible when it comes to the functionality of money. It’s a rare opportunity to see an entirely new industry blossom from scratch. The DeFi space will at first play catch up with today’s financial services industry. But over time, it’s hard to even fathom what innovations will come about when the power to build financial services is democratized to anyone who can write code.
submitted by jakkkmotivator to Latest_Defi_News [link] [comments]

Extons Exchange: The Cryptocurrency Exchange We Have Being Waiting For

Extons Exchange: The Cryptocurrency Exchange We Have Being Waiting For

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Since the introduction of the blockchain technology more than 10 years ago, many projects have leveraged on the technology to develop many projects in various sectors of the global economy. In this decade, the market capitalization of the crypto market has been immense. With these various projects, many crypto-exchange platforms have been developed for users to trade or invest in cryptos.
However, the ugly circumstance which this project and other new exchanges have been developed to address here is that majority of these exchanges are battling with hackers, fraudsters, scammers who hacked the platforms or scams some innocent traders and run away with their money. Indeed, even the so called first tier exchange platforms are not immune from the activities of hackers.
Another factor constraining crypto exchanging platform or crypto-traders from enjoying these crypto-exchange platforms is the high cost of transactions and slow transaction speed.
Fortunately, Exton Exchange platform has come to crypto-traders by developing a highly sophisticated, yet easy to use trading platform with special features and tools that will give traders a wonderful trading experience globally.

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WHAT IS EXTONS EXCHANGE?
Extons is a special crypto-trading exchange, which plans to eradicate all the issues faced by traders, trading different assets. Traders will be trading on the exchange for free. Traders will be able to trade cryptos for Fiat currency. All transactions are executed within a twinkle of an eye. The platform is available for both individual traders and institutional traders.
EXTONS represents the "TONS Exchange." They are developed as an exchange platform for all businesses to help their projects raise funds at extremely low fee.

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THE TONS TOKEN ECOSYSTEM
EXTONS
THISOPTION
TONSPAY
TONSTRADE
TONSFX

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MAIN FEATURES OF EXTON EXCHANGE
Multi-currency Support: Continually listing and trading of genuine digital currencies globally, offer traders variety of transactions services available in most assets.

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The Best Users Experience: Our platform offers 24/7 online customer care centre to guarantee prompt feedback on customer’s inquiries and uninterrupted operation for all traders’ transactions.

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High Liquidity: Our platform was developed with In-built artificial market maker algorithms that matched with the so-called Wall Street's industrial standards, provides real-time market analysis based on more than 250 market parameters and ensured 24/7 uninterrupted supply of liquidity.

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Secure and Steady: The secure and nonstop operation of our platform was guaranteed by the financial industry standard multimodular structure we put in place. Our platform front and back end designs, along with the multi-node as well as the multimodular distributed deployment, scales our ability and subsequently offer better services for our users.

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SAVING PROGRAM
Thisoption's Savings Program was formally launched on July 12th, 2020. On July 8th, 2020, investors and traders are permitted to deposit into the extons.io system before the investment funds program's official launch. The platform has a total number of 9 saving packages, they are as follows,
SMALL, MEDIUM, STARTUP, PERSONAL, INVESTORS, BUSINESS, ENTERPRISE, ECOMMERCE and SUPER ECOMMERCE.

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ADVANTAGES OF THISOPTION EXCHANGE PLATFORM
Ensured withdrawals processing completed within an hour
Uninterrupted trading, including weekends
Wider means of instant assets deposit and withdrawal
Highly secured trading with 100% data security
Guarantee to trade under professional traders directions
Provide prompt multilingual customer support
Executed over 10 000 daily transactions
TOKEN ECONOMY
At the core of Extons exchange is the TONS token. TONS is a TRC 20 token based on the blockchain Tron Network. TONS will be utilized by traders and project founders to list their projects on the exchange. TONS value will be determined by market demand and supply.

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TONS DETAILS
Token Name: Extons Token
Token Symbol: TONS
Blockchain Type: Tron Network
Token Type: TRC20
Total Supply: 180,000,000 TONS
Token Price: 1TON = $0.45
TONS DISTRIBUTION

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EXTONS ROADMAP

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PAYMENT GATEWAY

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CONCLUSION
Transactions fee is certainly one of the factors traders consider when choosing crypto-exchanges, yet they shouldn't be limited to that only. Traders and investors’ll additionally need to consider the security measures a platform has put in place, all the currencies listed and the customer support available. Extons exchange undoubtedly satisfied all the traders and investors needs.
Useful Links:-
Website : https://www.extons.io/ Website : https://thisoption.com/ Website : https://www.extons.io/saving Medium : https://medium.com/@thisoption.com Twitter : https://twitter.com/thisoption Telegram : https://t.me/thisoption WPP : https://www.extons.io/whitepaper
AUTHOR
Bitcointalk Username: Alaho15
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=2513944
Eth Address: 0xf8c20030A71708E73D58Ab3900629F17B8875da5
submitted by Alaho15 to u/Alaho15 [link] [comments]

Kava In the News

Kava "In The News" Media Tracker:
This is a thread to track noteworthy Kava mentions within the news!
This thread will not include "copy & paste" news - meaning, and article that was taken from somewhere else and republished.
(Kava does like when that happens, but this thread is meant to track original stories only!)

Featured Articles:


[News Mentions by month/quarter!]

July (2020)

Mentions

June (2020)

Mentions

May (2020)

April (2020)

March (2020)

February (2020)

January (2020)

December (2019)

November (2019)

October (2019)

submitted by Kava_Mod to KavaUSDX [link] [comments]

Временно бесплатные курсы Udemy

Временно бесплатные курсы Udemy

https://preview.redd.it/se7zt100k9c31.jpg?width=700&format=pjpg&auto=webp&s=b7d9eb97754935764b044d2dd31900c6106efab5
Подборка временно бесплатных курсов Udemy.122 шт. Промокоды, вшиты в ссылки.Все курсы на английском.

  1. Agile Retrospective: Continuous Improvement + Kaizen Wth Scrum
  2. Artificial Intelligence Concepts - AI 101
  3. Build Interactive Apps Using VueJS, Vuex And VueRouter
  4. C Programming 2019
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  6. Create A SHMUP With Unity 3D
  7. Google Cloud Platform Associate Cloud Engineer Practice Test
  8. How To Create Android Apps Without Coding Advance Course
  9. How to Install Linux Mint (Cinnamon) on a Virtual Machine
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  11. How To Uv Unwrap Models In Blender
12. Introduction To SAS
13. iOS 12 Chat Application Like WhatsApp And Viber
14. iOS App Grocery List (Swift 3.1, iOS10.3) From 0 To AppStore
  1. iOS12 Animations, Learn Swift Animation With UIKit
16. iOS12 Bootcamp From Beginner To Professional iOS Developer
  1. JavaScript & LeetCode | The Ultimate Interview Bootcamp
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20. Learn React JS And Web API By Creating A Full Stack Web App
  1. Learn To Code Trading Card Game Battle System With Unity 3D
  2. Learn To Code With Python 3!
  3. Linux For Absolute Beginners!
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  33. 10 Copywriting Hacks That Work In 2019
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  37. ClickBank Affiliate Marketing Secrets Home Business Success
  38. ClickBank Affiliate Marketing: NO Cost, No Website - Proven
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  40. Digital Marketing Secrets For Beginners
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  42. Email Marketing Mastery to Earn More & Build a Huge List
63. Facebook Ads 101. Complete Facebook Ads & Marketing Course
  1. Facebook Marketing: Advanced Targeting Strategies
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  5. Gamification: Use Gamification In Marketing
  6. Google Analytics For Beginners 2019
  7. Google Analytics For WordPress to Track Your Website Traffic
  8. Home Business: CPA Marketing From Scratch
  9. How To Get Your First 1,000 Facebook Fans: For Beginners
  10. How To Promote CPA Offers With Bing Ads
  11. Influencer Content Marketing: Killer Tactics For 2019
  12. Instagram Marketing Growth Tips [Influencer Shortcuts]
  13. Marketing Analytics Using R And Excel
  14. Master ClickFunnels & Create Sales Funnels Like a Boss
  15. Modern Social Media Marketing - Complete Certificate Course
  16. Powerpoint 4 Video Part A - Introduction + Character Animation
  17. Secrets Exposed: Find The Most Profitable Niches Of 2019
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  20. VideoScribe: Whiteboard Animation From Zero To Hero
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  23. YouTube Creator Tips [Grow A Channel-Get More Subs & Views]
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  28. Agile Project Management: Scrum Step By Step With Examples
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  32. Binary Options Trading Ninja: The Bandit Strategy
  33. Bitcoin Valuation: Methods And Frameworks
  34. Business Education: Guide To Blockchain And Cryptocurrencies
  35. Certified Network Marketer (Network Marketing & MLM Mastery)
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  37. Dropshipping With WordPress: Create A Dropship Business Fast
  38. eCommerce Business: Set Up Your Own Business From Home
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  40. Entrepreneurship Bootcamp: Create Work At Home Business
  41. Entrepreneurship Tips For Success
  42. Futures Trading Ninja: DIY Futures Trading Course (12 Hour)
  43. Gamification: Use Gamification In Marketing
  44. Home Business: CPA Marketing From Scratch
  45. How To Be Lucky In Business And Life
  46. Lean Six Sigma Applications In Information Technology
  47. Online Business: How I Make 5 Figure Passive Income on JVZoo
  48. Pandas With Python Tutorial
  49. Personal / Business Networking Skills For Maximum Success!
  50. Project Management: Deliver On Time + Scrum Project Delivery
  51. Scrum Master Training: Case Studies And Confessions
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  55. Transformational Leadership - Ultimate Leadership Course
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Источник: Телеграм-канал WScoupon
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Weekly Update: ParJar media blitz, Fiat pegged tipping goes live, Hydro Community Content Initiative, Sentivate Ambassadors... – 15 Nov - 21 Nov'19

Weekly Update: ParJar media blitz, Fiat pegged tipping goes live, Hydro Community Content Initiative, Sentivate Ambassadors... – 15 Nov - 21 Nov'19
Sup folks! This is the final one of the catch up series. Here’s your week at Parachute + partners (15 Nov - 21 Nov'19):

With the latest update in ParJar, you can now tip crypto to your friends pegged to fiat. For example, if you were ever stuck on “How do I send $PAR tokens worth 10 USD to Cap?”, you can now simply type “/tip 10 USD PAR” and boom! ParJar does the rest for you. Awesome isn’t it? Last week we didn’t even notice that ParJar had been featured on a number of crypto publications. Cap found out this week. From Decrypt to TronWeekly to BitcoinExchangeGuide, ParJar made a big splash everywhere. Friggin amazing! PAR4PAR lottery entered stage 7. 350k $PAR up for grabs. Charlotte's Math trivia in TTR was super fun. 10 questions, 2500 $PAR each. Doc Vic (from Cuba) made a group for CoD Mobile players from Parachute. Join in if interested.
No more wondering “How much is 5 USD in $PAR?” when tipping. Yay!
In this week’s creative contest (@captainparachute #fanciness) by Jason, Parachuters had to “draw fancy outfits for captain”. Tons of $PAR given out for making Captain fabulous. Haha. Weekly Parenas are back. This week’s Parena saw Carlos take home a cool 25k $PAR from the 50k $PAR pot by beating Brian in a quick finale. This week’s Two-for-Tuesday’s theme was live in concert bands. An epic Tuesday ensued. In this week's #PFFL update, Hang (9-2) has moved to first place with Clinton following closely at 8-3. Chris, Alexis and Andy are in third position with 7-4. For #wholesomewed this week, Parachuters shared pivotal events from their lives that made them what they are. As a Helium hotspot operator, Cap and Ice travelled to a meetup this week in NYC to explore synergies.
Peace Love’s late entry for last week’s #Parichristmas. Can you identify the face? Haha
Catch up on the latest at aXpire from CEO Gary Markham’s inaugural State of the Market episode. Plus, there’s the Week 46 update video by Joakim as well. This week’s 20k $AXPR burn can be tracked here. Do you work at a Law firm that is looking to improve profitability? Look no further. Bilr is here to help. Have a read of this article to know more. The ERC20-BEP2 swap bridge is now back online. Check out the cool new promo video of the 2gether card. Founder Salvador Casquero will be part of a webinar discussion with Manager Focus on digital currencies on the 28th. Mark your calendars! CEO Ramón Ferraz's full interview with Emprendiendo.TV from South Summit which happened several weeks back was published this week. He also wrote about DeFi (Decentralised Finance) and its impact on the financial sector in a recent CryptoDaily UK article. The story behind the present branding of XIO can be read in this tweet thread. A new gif contest was started just before of the reveal of the first set of nominated startups for the XIO incubator. Hope you had a chance to make a submission. The Birdchain community was invited this week to vote for their favorite entry in the Copywrite Challenge. Voting will be open till the 27th. Plus, a new referral bonus was started. Woot woot! Did you know that you could earn 5% interest for holding $ETHOS on Voyager? Read more about it here. The latest update of the Voyager app was released this week.
Thanks for making this ParJar branded coupon/label, Jose. I can already see so many uses for this
Tron is now live on the Switch-backed McAfeeDex. Its volume on the SwitchDex network can also be tracked from DappRadar. The Dex supports 70 languages as of now and will become as close to a DAO as possible by decentralising decision making from 2020. Mineable featured Fantom $FTM in his list of 7 promising cryptos video. If you are looking to stake $FTM when mainnet goes live, make sure to read this article to understand how it will work. For the latest roundup from Fantomverse, click here. And welcome to the $FTM fam, Samuel! The voting for the #UptrenndOC contest finalists was conducted. BeInCrypto joined Uptrennd this week. $1UP is now listed on P2PB2B exchange. The crew will be covering CoinPoint's Annual VIP Networking Party next year as a media partner. Congratulations to the winners of the ETH Prediction contest for winning 2k $1UP tokens. Sweet! Part I of the Uptrennd Sharing Contest got off to a roaring start. For the latest scoop on District0x, check out the District Weekly. The District Registry article in the education portal has been updated in preparation of its launch. How to win over customers in the Fintech space? Hydro breaks it down for you in this article. The Hydro Community Content Initiative looks at creative inputs from the community to spread the word on Hydro. The project won an international competition called APIficator hosted by Sia Partners at The Met in NYC. APIficator is an open innovation challenge that looks for the best banking and finance APIs from around the world. Woohoo! As Vault prepares for a 2020 launch, here’s a quick product update.
Views from the Hydrogen HQ are to die for
If you want to see Silent Notary’s $SNTR token listed on Halodex, then don’t forget to vote for IDLedgers in the Halodex Listing Contest. Interested to become a Sentivate Ambassador? Get in touch with the crew. There will also be an Advocate Program for busy folks. Following the community's vote from a few weeks back to have more ELI5 content on core web technologies in video format, the team announced that they will be starting a podcast soon from their new office in Pittsburgh. Scott Melker (The Wolf Of All Streets) joined as an advisor to the project this week. Stay tuned to the upcoming AMAs to get in on exclusive updates. One of them will have more details on Artifacts. OST CEO Jason Goldberg wrote in depth about how OST’s tech makes Pepo such a powerful app. Pepo also got covered in detailed articles on Cointelegraph and Blockchain.news. Decrypt also did a brief feature of $OST. A Merkle Tree is a data structure that allows for quick verification in a large amount of data. SelfKey team published an article that explains how Merkle Trees make blockchains efficient. They also put together an eye-opening list of major data breaches in 2019. But what do hackers do with the breached data? Click here to find out. Busy week at Pynk with the crew travelling to Expanse Summit to speak on "Investing with AI" and then to Shift Conference in Croatia (where they made it to the finals) followed by FintechMatters in Vienna (where co-founder Mark Little talked about Crowd Wisdom) and finally to Slush in Helsinki (for biz dev).
Signing up for Pepo is pretty straightforward
Shuffle Monster’s $SHUF token is now a default token on Uniswap. Wibson team attended the Games Changer Summit hosted by Forbes Argentina this week. Head of Research Carlos Sarraute travelled to the University of San Andrés to train attendees on Big Data and talk shop. Read up on the Wibson journey so far from this article. Harmony had proposed a new staking mechanism called Effective Proof-of-Stake (EPoS) back in August. This week, it started to come to fruition with the latest commit. Click here to see what it takes to get it live. Harmony's Java SDK was released as well. Digital marketer Nick Vasilich shared his learnings from working on the development of Harmony DAO from the ground up. To stay upto date with Harmony news in your local language, don’t forget to follow the regional accounts. Welcome to Harmony, Wen! In this week's Harmony Insights episode, we learnt about market making. $ONE was listed on DeFi platform Constant which enables P2P lending. On that occasion, a special deal of lower interest rates for borrowing against $ONE was announced. Click here for pictures from Binance Turkey meetup that Harmony crew visited. Continuing from last week’s Harmony Bytes, the challenges of staking were discussed in the latest episode. As mentioned last week, the team was in Odessa as part of #CryptourUkraine. Next week, Vinnytsia.

And with that, we are 100% updated with the latest week. Yay! See you again with another weekly update. Ciao!
submitted by abhijoysarkar to ParachuteToken [link] [comments]

The /r/XboxOne Game Of The Year Awards 2017 - RESULTS!

Seasons greetings /XboxOne!
Thankyou once again for an amazing turnout of voters this year! We had a total of 10,103 responses - And upon removing the 6,822 naughty votes from people who thought they could bot the system (tisk tisk) we arrived at the grand total of 3,281 respondents!

A big thanks to all of you who took the time to fill out the survey.

On with the show!! As always - The votes have been counted correctly, altered based on my own personal bias and edited to reflect the juicy bribes I received in bitcoin and anime hug pillows from publishers.
Each winner has been given a prestigious and totally not imaginary /XboxOne exclusive "award", and are celebrated below.
As a heads up - By their very nature, these awards will contain mild spoilers. You have been warned
BEST SHOOTER

Wolfenstein 2: The New Colossus

Blasting Nazis, robot dogs and the KKK with death lasers in a fictional alternate reality 1960s America? Whats not to love here?! The man who starred in the very first FPS game as we know them; B.J Blazkowicz returns and sets the record straight on just how the shooter genre is done.
BEST RPG

Assassins Creed: Origins

Something of a surprise winner this year - The AC series is not known for its RPG flair, but Ubisoft went back to the drawing board with the newest instalment of the franchise and re-imagined AC as a sprawling, open world RPG set in ancient Egypt. Well done Ubisoft. Despite very strong competition from South Park: The Fractured, But Whole, you managed to take the win! Just don't get comfortable in your seats - I have a feeling we will see you back on the award stage very soon...
BEST ACTION/ADVENTURE

Assassins Creed: Origins

And by very soon - I mean right now... Never before have we awarded the Action Adventure AND Role Playing Game trophies to the same game - But then again, never before has a game managed to fuse open-world action, platforming and adventure quite so well into a deep RPG system. Truly a new benchmark for the open world genre, AC:O smashed its second-place rival, Shadow of War by over a thousand votes and adds another feather in its hat.
BEST NARRATIVE

Wolfenstein 2: The New Colussus

4 awards given out and only 2 games mentioned. Despite very healthy competition in this award from many games, Wolfenstein 2 managed to narrowly outpace its nearest rival, Prey and take the win. Violent, ridiculous and funny - But also poignant, emotional and surprisingly human. Wolfenstein 2 takes one of the most ridiculous storeys ever told in gaming and makes it feel real.
BEST FREE TO PLAY GAME

Fortnite: Battle Royale

This was not even a question in the minds of you guys. Epic's somewhat ahem familiar take on the battle royale genre utterly decimated the competition this year. Just goes to show that when your original game idea is tanking, there are much worse things you can do than rebuild your game into cartoony PUBG meets Minecraft. Nice one Epic.
BEST SINGLE PLAYER CAMPAIGN

Assassins Creed: Origins

This was a close one! Going head to head with Wolfenstein 2 yet again, the sandy expanses of the assassins creed world were just enough to push it into the winning position, by less than 30 votes!
The trials and tribulations of Bayek of Siwa were enough to win award number 3 for Ubisoft this year.
BEST MULTIPLAYER

Playerunknown's Battlegrounds

Get ready to drop. Not surprisingly, PUBG wins best multiplayer this year. The Xbox is known as the "shooters console" and PUBG is currently the most popular shooter in the entire world - With a staggering 10%+ of all PC gamers on steam having played it (Making it the 6th most popular PC game in the world). It only makes sense that Xbox gamers would catch PUBG mania as well. Congratulations Bluehole!
BEST SPORTS GAME

FIFA 18

Oh hey, it's that genre that FIFA wins every year! Football is the worlds most popular sport, so it would only make sense that it would be the most popular sports video game as well. In fact, the only gaming franchise that sells more on console than FIFA is COD.
Well done EA. Next year we will ship your award early to save time.
BEST DRIVING/RACING GAME

Forza Motorsport 7

Oh hey, it's that genre that Forza wins every year! Seriously though, Forza is the undisputed king of racing games. No other racing game series on any other platform comes close to the quality and frequency of releases that the Forza team manage every year. This year was no exception, with FM7 being used as the poster boy for the Xbox One X 4K, 60FPS HDR miracle. Turn 10 utterly obliterated the competition this year by over THREE THOUSAND votes. Possibly the widest margin of victory we have ever seen. Rekt.
BEST PLATFORMER

Cuphead

Let's be real for a second - As a pure platformer, Cuphead is average at best. But in its own genre of "Artistic tour de force bullet hell cross boss rush cross platformer cross dark souls with incredible music" - It has no equal. The blue hedgehog made a come back this year with the incredible Sonic Mania, which did VERY well in votes, but it wasn't even close to knocking the crown off of the cup's head. Well done Studio MDHR.
BEST HORROR GAME

Resident Evil 7

Resident Evil is the king of the survival horror genre. After years and years of poorly performing sequels, the team went back to the drawing board and re-designed just what it is that makes a Resident Evil game. Despite changing everything from the setting, to the story, to even the player perspective - RE7 Still somehow managed to feel like Resident Evil. On top of that, it was one of the best horror games released this year. Prey and The Evil Within 2 managed to actually tie for second place, but they must both bow before the king. A true return to form from Capcom.
BEST SOUNDTRACK

Cuphead

Possibly by virtue of being one of the most original soundtracks in gaming, Cuphead stunned everyone with its old-timey Big Band and Barbershop soundtrack. Noticeable competition came from Prey, which was composed by Mick Gordon (Who won last year's best soundtrack award for DOOM) and Destiny 2 - But they weren't enough to overcome the originality and awesomeness that was Cuphead's soundtrack.
Also worth noting that this song is actually sung by a woman. The incredibly talented Alana Bridgewater.
BEST "GAME PREVIEW PROGRAM" (EARLY ACCESS) GAME

Playerunknown's Battlegrounds

Award number two for the innovative new franchise. Despite its technical and performance issues on release, the game is still fun enough for the VAST majority of you to overlook. They earned this particular chicken dinner by over 2 thousand votes. Tasty.
BEST SOUND DESIGN

Star Wars Battlefront 2

Despite the controversy surrounding the Battlefront series - There is one thing that nobody of sound mind can ever fault the series, and indeed DICE studios themselves for. Sound Design. The pew pew of the blasters, the whroom of the light sabres and the skreeeeeuummmmm of tie fighters all coming through JUST right.
Oh, and who could forget the almighty thermal impolder...
BEST GRAPHICS

Assassins Creed: Origins

This game is simply stunning. In 4K HDR on the Xbox One X - There is arguably no better-looking game in existence right now. Incredible texture detail, stunning vistas, built up cities, sweeping sand dunes, a draw distance that stretches to infinity and historical accuracy so legit that you can play the game with an Egyptology book on hand and actually compare visual notes and translate the real hieroglyphics. AC:O is one hell of a pretty game. Battlefront 2 put up a good fight, but it was no match for that Ubisoft magic.
THE "SHOULD HAVE BEEN DELAYED" AWARD

Mass Effect: Andromeda

Mass Effect: Andromeda was, in what is retrospectively the height of irony, delayed more than once by EA who claimed "We’re willing to make moves in launch dates if we feel that it’s necessary to deliver the right player experience" after their first 5-month delay. It seems that wasn't quite enough.
Bad characters, Bad Plot, Bad Glitches - The ME Series hit an all-time low with this instalment. Causing such a stir as to have EA gut the entire development team and then to declare that the Mass Effect franchise is to be shelved indefinitely.
Ouch...
BEST FREE GAME WITH GOLD

Ryse: Son of Rome

We live in a post Pool Nation FX world. Gaming has peaked. Since then we shamble about aimlessly, lost and alone. We make do with what we are given. Ryse: Son of Rome was a launch game for the Xbox One, that Meme'd on this subreddit only second to PNFX. With weekly threads asking for it to be a GWG, Numerous rumours and hoaxes - The madmen finally did it and gave it to us.
So that's it. We defeated Microsoft and have no games left to meme... Soldiers without a war. Is there truly a place left for us in this world?
Oh, and the game is alright I guess.
MOST BANG-ABLE CHARACTER

The "Retry" button - Cuphead

Easily one of the most smashed menu options in recent memory. This filthy harlot was always there, ready for you to fail. You hated yourself for going back to its arms - But it was always there when you needed it. In the back of your mind, you knew this was an abusive relationship, but nobody truly knows you like the Retry button. Every time you press it, you swear to yourself that was the last time. That is until the next time...
Also as always, my mother was a strong contender in the "Other" category, as well as MajorNelson and the Puddle Slime from Slime Rancher.
PS - My... uhh... friend says thanks for those fursona pictures.
MOST HATED CHARACTER

EA - Everything

Electronic Arts have been voted worst company in America. Twice.
Our very own mod falconbox summed up everyone's reaction to EA this year with some High-Quality Gifs meme magic.
THE "BUYERS REMORSE" AWARD

Destiny 2

This was a polarising choice. Seemingly Bungie managed to accomplish the impossible by irritating both the hardcore Destiny 1 fanbase AND the casual audience with a cavalcade of "downgrades", controversies and poor press. From being caught stripping down content to be re-sold as microtransactions through to skimming EXP from players - Destiny 2 has not been a smooth ride. Not even Starwars Battlefront 2 came close to the level of regret felt by long-time Bungie fans.... Again...
BEST CONSOLE EXCLUSIVE

Cuphead

What is left for me to say here? Cuphead is one of the most original, well executed and highly decorated games of the year. A stunning achievement for indie developers Studio MDHR - They even got props from the prime minister of Canada himself! Congratulations again guys. You crafted a fun and unique game that took the old school and somehow made it new school. A game that no Xbox One owner should be without, Cuphead is a triumph in every sense of the word.
OVERALL BEST GAME OF THE YEAR 2017

Assassins Creed: Origins

Another Close one! With Cuphead and Wolfenstein 2 hot on its heels, it was once again Assassins Creed: Origins that managed to edge ahead of the crowd by a MEASLY 82 votes to pick up its 6th award this year - Making it the most highly decorated game in /XboxOne history.
Here is what the results looked like: https://i.imgur.com/rnzBiXH.jpg
There seems to be no question at all on your minds as to what the essential game of 2017 is for every Xbox One owner. That game is Assassins Creed: Origins.
Ubisoft took a year off in order to make the best new AC game they could and it is obvious that that little extra layer of TLC was exactly what the series needed. If you are a fan of action games, platformers, stealth, hack and slash combat, open world exploration, RPG mechanics, loot, crafting or even just a history buff - You owe it to yourself to play this game. Particularly in 4K HDR on the Xbox One X. Congratulations Ubisoft on your first ever big win on the sub!
A big thanks to everyone who voted once again! Looking forward to 2018's wild ride! Love - The mod team.
submitted by delicious_cheese to xboxone [link] [comments]

SPOILERS [S3E10] The loop of Elliot "saving the company / stopping the hack" in S1E1, the logistics "mirage" of S3, and Hot Carla's take on Elliot in Red Wheelbarrow

SUMMARY - When Elliot is heralded as a hero for "saving" something, he is actually hacking and/or destroying it, and the pattern continues. This premise builds Elliot's loops, hacks, and undo/restarts, and he's not done. Here is what I think really happened in S3 and where things will go in S4. Like Tyrell said, "old habits, they die hard".
Remember the pilot where everyone on the show congratulated Elliot for "saving the company" (Allsafe) and "stopping the hack" (ecorp)? Elliot was heralded as being a savior for stopping the big hack, when in fact he was starting another hack that would later end Allsafe and severely damage ecorp. Elliot's trip to the Dulles server farm to stop the big ecorp hack was the cover he used, and that is where he actually planted the .dat file, right in front of us, under our noses, that would later be exploited.
https://www.usanetwork.com/mrrobot/timeline-gallery/mr-robot-season-1-easter-eggs
Elliot's actions and patterns throughout the series mirror the rootkit that was the cause of that big ecorp hack of the pilot, with Elliot as the rootkit physically and digitally.
E: I think they got a rootkit sitting inside the servers.
A: What's a rootkit?
L: ...it's a malicious code that completely takes over their system. It could delete system files, install programs, - viruses, worms -
A: How do we stop it?
E: That's the thing, it's fundamentally invisible. You can't stop it.
L: All of their servers are timing out. None of them are coming back up. This means every time we restart a server the virus replicates itself during boot-up, then crashes the host.
L: How are we supposed to bring up the network if we can't restart the servers?
E: We can't, which is what they wanted. By defending ourselves, we ended up spreading the virus everywhere.
This kind of deceptive loop of Elliot taking action to "save" something, and TELLING US he is saving something, while he is doing something entirely different is a pattern for him, and is augmented by the fact that Elliot TELLS US he hacks everyone and lies to us, so we do know that is one truth of the show....Elliot HACKS and LIES. We see Elliot do this with Stage 2, where only he knows the whole plan and Tyrell/Darlene are left wondering what is happening, even though they are both working for Elliot. We see it with Elliot's Stage 3 fakeout to own the Dark Army.

To continue that pattern, we see Elliot take control of the ecorp logistics system under the guise of creating a "paper record mirage" to keep the paper records from being blown up by his own work (allegedly as Mr. Robot) in Stage 2, in which Elliot ended up "failing". But that isn't the ONLY result of that hack. Here is what I believe really happened.

Remember that at the fancy dinner attended by Zhang/WhiteRose and Price in S3E6-7, Zhang/WR assigned a task to Price: shipping her project to the Congo using ecorp's logistics system. The very same logistics system we saw Elliot own when he started working at ecorp.....and STILL OWNS in the S3E10 finale. Elliot needed to own ecorp's logistics system and make it seem like he had a purpose for it other than his goal later on, much like his trip to the Dulles server farm in the pilot, for a later move and payout. In the case of the logistics system, Elliot needed it as the first part of his plan to get to the side of WhiteRose, since he is the ONLY PERSON who can bust through the logistics issue of getting her project to the Congo. We don't know yet HOW Elliot knows WR will want to move her project to the Congo or how long he might have known of it (possibly since childhood if he got wind of it when visiting his dad at ecorp, which we were subtly told he did in S2E6's scene w/young Elliot and Edward in the car outside the Mr. Robot store), or if he knows because he is working fowith another high-level player (like Price) that hasn't been disclosed yet, so this will need to be addressed in S4, but Elliot knows WR has a project to move to the Congo before he hacks the DA. Back to the point, this logistics move only gets Elliot one-third the way there.

Unfortunately, this means Elliot has to produce another set of circumstances that will challenge the shipping of WR's project to the Congo. What is that block? MARTIAL LAW. Martial law circumvents a lot of current DA operatives and bribes because there are a new set of players/rules/circumstances put into effect that are too new and numerous for the DA to get control of quickly enough to overcome this obstacle.

Why is there martial law in effect? Because the 71 buildings blew up. Unpleasant as it is to think about, Elliot needed those 71 buildings to blow in order to create the martial law situation, so I believe that no matter what any form of Elliot told us, we were witnessing a loop similar to the pilot hack. I believe that Elliot was NOT trying to actually stop the buildings from blowing at all, but had another agenda that needed to be started under cover of the hoodie-clad rioter chaos (and I don't think those rioters in HOODIES were any coincidence, especially on the only ecorp workday where Elliot NEVER took his hoodie off....) in the main ecorp building, and completed in the 2nd ecorp building that he snuck into after the chaos of the bomb threat that he called in, after he was fired and his access to ecorp allegedly revoked (providing a cover story and plausible deniability for Elliot should anyone suspect or try to pin things on him). What Elliot did there has yet to be revealed, but I strongly suspect that he owned ECOIN and perhaps something else that we haven't yet seen...possibly the new technology prototype that Tyrell spoke of in his "prep for Price pitch" that we saw in S1E3", possibly WHITEROSE'S PROJECT. Whatever it is, I believe we are due for another big ecorp hack reveal in S4.

So while Elliot kept our confidence and sympathy, and earned the sympathy of Darlene and Angela in his apparently valiant attempts to stop his own Stage 2 plan, I believe that Elliot NEEDED Stage 2 to happen exactly as it did....with the full force of the Dark Army taking out the 71 buildings....because this series of events facilitated martial law being imposed and allowed Elliot to own one or more things that haven't yet been revealed. Without the martial law blockade, Elliot cannot get to the side of WhiteRose with his "miraculous save" that he offered - and apparently delivered - at the end of S3. And creating a plan that one DELIBERATELY SABOTAGES is an EXCELLENT way to trace response preparedness/power pathways/players and test loyalties along the way, which is exactly what Elliot did with Stage 2 and in S3. We got a small-scale sample of that when Elliot was released from prison in S2 and wanted Cisco to arrange a meet with Xun, where Elliot asked about Stage 2. I believe Elliot knew full well what Stage 2 was (despite what he told us), thus causing intended confusion among the players ("this will get them talking"). Sam Esmail and the cast mentioned over and over that loyalty was a key theme in S3, and indeed it was. In the end of S3, Elliot has much more information about players, pathways, and the bottom line of the desires/motivations/loyalties of people in his realm, including Angela and Darlene.

There was one more component to Elliot's solution to WhiteRose, which was the Stage 3 deception that he already admitted to us was a ruse to own the DA. Elliot still owns everything DA at the end of S3, they have no time/way to recover before the end of the season, and he impresses WR enough that she sacrifices Grant to keep Elliot around, which is exactly where Elliot wants to be.

Elliot's attempts to "save" something literally blow up....but I believe those were the intended consequences the whole time. We hear Elliot and Mr. Robot occasionally comment over the 3 seasons about casualties, persistence, the losses, and the cost to get to that point, especially in their last subway conversation of S3. And in that conversation, we HEAR Elliot literally say that he did all this "for ME...I'm doing this FOR ME." That line is classic Mr. Robot, because even though Elliot tells Mr. Robot/us DIRECTLY that he did all this for himself, the context used to frame up what he did and why he did it, and the brilliant acting of Rami Malek that imbues those words with such pained sincerity, leave us feeling like Elliot really wants to try to fix things by undoing the hack. So at the end of S3, we see Elliot send the encryption key to some general ecorp address. But, as many posters here have written, and the Parsons-educated prostitute notes in the post-credit scene of S3, undoing the hack will not be beneficial, and will make things worse. As smart and thorough as Elliot is, I believe he already knows this, I don't think he is in any way ignorant of that fact. Not sure exactly what he has in store, but I'm guessing it isn't what he told us in S3. If Elliot owns Ecoin, he could lock up all the wallets (like we saw with Ray's situation of S2) and then restore debt with the ecorp records, inciting outrage among the masses as they would have no access to money. Whatever it is, it will probably be the fuel to fire a full-scale revolution that Mr. Robot told us about in the pilot, especially since Elliot has even more ways to kill the public's confidence in ecorp, which is so deeply embedded in the world's economy that destroying it will rouse the whole world to revolution.

Side note - I also think that between Elliot's "metadata" hack of the FBI of S3E4 and the access to FBI's Sentinel that Elliot was literally given (by Dom, under protest) as a way to get the encryption keys (which he had the whole time...and I believe he knew it), Elliot probably owns SENTINEL. Sentinel is a key database not just for the FBI, but NSA and the CIA as well, so if Elliot owns that, he is much closer to god access than he ever was before. I believe that Elliot had his "key" plan in motion and spotlighted Romero as the pathway to get into Sentinel under the guise of trying to find the encryption keys, which would also support the idea that many folks have had on the sub, that Elliot is ultimately responsible for Romero's death. And let's not forget that last we knew, Elliot still owned Vera's whole operation, we never saw him actually turn anything over to the authorities...that was just dropped. Vera also showed back up in the post-credit scene of S3, so will be very interesting to see where that leads in S4.

So by the end of S3, Elliot STILL owns ecorp, as he has since S1, and has increased his access there, and he likely owned Ecoin before S3 ever ended right under our noses. Elliot still owns the DA. Elliot likely owns Sentinel. Elliot may well still own Vera's operation, maybe he has also procured funds/resources from other criminals he turned in before he turned them in (I think he was creating the problems for Ray's site/hot-cold wallet system that caused Ray to seek out Elliot's help in prison, and I'm betting Elliot might still have some of that bitcoin). Elliot might even own WR's project, or be positioning himself to do that (even if WR suspects that is what Elliot will do, which she has to at this point). And Elliot managed to own ALL OF THIS while telling and/or showing us he was doing something different, or for a different purpose than he said he was doing it, just like he did in the pilot. So Elliot is repeating his loops and starting new ones, going back to the beginning. As the S3 finale title command told us...."shutdown -r"....shutdown and restart...just like the rootkit from the pilot, spreading the virus everywhere.

On to HOT CARLA. In the companion book RED WHEELBARROW, Hot Carla heralds and admires Elliot, writing about how he changed the world for the better, essentially "saving" it (in the past tense). We don't know yet exactly what Hot Carla defines as changing the world "for better" or why she regards Elliot as a savior, and it might actually line up with something Elliot did. It is possible that Hot Carla might want to see the world burn since she is a pyro who has apparently led a life filled with challenges and "saves" books by burning them. But if the pattern Elliot has demonstrated time and time again holds true, then it is likely that Elliot's "changing the world for the better" or "saving the world" is similar to Elliot "saving Allsafe", which resulted in Allsafe's total destruction, and "stopping the ecorp hack", in which Elliot was hobbling ecorp and just getting started....

ETA:
Another point to consider is why Elliot is using complicated, convoluted routes to get to his end goals, and thanks to u/bwandering for bringing up some specific questions on this here. If we follow the patterns of the show so far, we see people going to great lengths to avoid being spied on and followed. Angela zig-zags her way across town to meet with Darlene in the smart house in S2. We watch Darlene get on/off the same subway train or go to a different car to avoid followers. The DA drives Darlene and Trenton by limo to Cisco in S1 even though Darlene knows full well where he lives. Tasks are also separated and delegated, with no one having the full picture of what is going on except Elliot (even if he tells us he doesn't know), and introducing middlemen where it doesn't even seem they are really necessary, like Cisco. The convoluted route as cover for a plan so complex would be necessary so that no one could track or anticipate where Elliot or his project are going and keep him separated from evidence and interference. The show has even followed that route, giving us scenes out of order, leaving things ambiguous and not sure where things are going while Elliot is moving forward with his plans, even while in jail, while we try to keep up. This is why I believe the indirect, complex routes are chosen, as cover.

I have written before about things related to these ideas in other posts and comments, but I wanted to update and pull it together here heading toward S4. I know thinking of Elliot doing these kinds of things can be unpleasant (going to apologize in advance to u/The_Firmament and u/yeswithanh) because they are NOT attractive prospects. This character who is so near and dear to us, whose pain and loneliness we see - and which I do think is real, BTW, because you can't be that calculating of a person and take all those actions and be mentally healthy - seems to still be hacking the world and hacking us, and, as Elliot told us, "even if it's him (Mr. Robot), it's ME".

In fact, Elliot is SO GOOD at hacking people, that despite him telling and showing us what he is doing over and over, telling us that he lies and hacks everyone, we still root for him. We still feel for him. We still care for him. We still BELIEVE him. We want him to succeed in his battle with himself and take down the top 1% if 1%, even when he IS the one playing god without permission. It mirrors Elliot's hack of Krista where he literally tells her he hacks her and everyone else, yet because of how he related to her in his "just like me" expressions of loneliness, and how expertly he hacked and pivoted the Lenny Shannon situation to his advantage so that Krista would process that information/hack as Elliot being protective of her, she gives Elliot a pass AND continues to be his therapist. By the time we get to the end of S3 where we see the Mr. Robot persona literally confess Elliot's involvement in the 5/9 hack and the 71 buildings blowing, KRISTA DOES NOT BELIEVE THE CONFESSION. Says it sounds like delusions of grandeur. Granted, the show could still go this route and have none of this stuff be happening, but for now, I'm working with the premise it is less likely. So Krista continues to root for Elliot and so do we, because we relate to him. When Irving told his car salesman how to relate using simple phrases and objects like the "world's best dad" mug to "make the sale", he noted EXACTLY how to do it, and underscored the hacking method Elliot has been using with everyone since the pilot. If I am near the mark, then how safe and secure can we be in our own world if we can't tell the good guys from the bad ones on TV?

I have grappled with the thought of Elliot as VILLAIN (which is literally spelled out on the movie poster Elliot shows up undenext to 3 times in the pilot - https://imgur.com/a/diGFpNv) with respect to things I recently read about how closely Sam Esmail relates to the character of Elliot, while still following this particular path of clues from the show. While I am only guessing, I do suspect that Sam was/is trying to tell a bigger cautionary tale, especially with his comments about how technology opens the world up to more vulnerabilities than we are prepared to recognize/combat, and how that kind of hacking could affect the world (which ended up being utterly prophetic by the time the show was released). And since Sam was also inspired by the events of Arab Spring, in which a sense of hope for so many people and nations tragically didn't work across the board, leaving many with worse circumstances in the end than they started with, I think this could line up. After all, in this world of virtual reality, one often has to experience things personally to truly be able to relate and metabolize them. I don't know if this is what Sam is trying to say with this beautiful show, but I think at least part of his message must want us to come away as more aware, more decent, and better prepared humans. Maybe Mr. Robot is OUR empathy, or gullibility, test.

So whatever Elliot's definitions of "undo", "restart", or "save" actually are, they will be complicated and create more chaos and undesireable results that only Elliot might understand or want. Elliot is certainly sitting with a lot more power going into S4, and even if he takes down WR and the other 1%, which I think he will, he has become the monster he told us that he allegedly sought to destroy in the process. In the end, Elliot might have to "save" us from himself.
submitted by MaryInMaryland to MrRobot [link] [comments]

Establishing a smart contract commercial scenario: Chainlink, Zk-Snarks and sharding technology work together to make the ultimate killer

This text was translated from Chinese, open following link in Chrome and translate to see all images:
https://bihu.com/article/1242138347
EDIT: found an English text with pictures:
https://medium.com/@rogerfeng/making-smart-contracts-work-for-business-how-chainlink-zk-snarks-sharding-finally-delivered-8f268af75ca2
Author: Feng Jie translation: Liu Sha
“The highest state of technology is to integrate into the various scenes of everyday life, to fade away from high-tech outerwear and become a part of everyday life.” – Mark Weiser
People in the future will not even think that smart contracts are "innovative." By that time, smart contracts would permeate every aspect of life, and people couldn't even imagine what the era of non-digital currency would look like.
Later historians may divide human business history into two eras, the pre-smart contract era and the post-smart contract era. After all, digital money has brought unprecedented changes to the nature and patterns of business practices in the real world. An anonymous member of the Chainlink community once said: "Smart contracts can change the DNA of the business."
Of course, like all the technological revolutions of the past, smart contracts also need to reach a "tipping point" to truly achieve large-scale applications. So we need to ask ourselves two questions:
  1. What exactly is this so-called tipping point?
  2. As of August 2019, have we reached this tipping point?
To reach the tipping point means unlocking the ultimate nirvana of business.
Tipping point We can think about this issue from the perspective of mainstream companies. Imagine what a perfect smart contract platform should look like. What characteristics should this platform have? Or what features must be possessed?
To reach the tipping point, you must establish a public chain with the following four characteristics:
  1. Privacy protection
  2. In addition to the cryptocurrency, the transaction can also be settled in mainstream legal currency and comply with the regulatory requirements of financial markets such as ISO 20022.
  3. Achieve scalability without sacrificing decentralization or security, that is, solving the "impossible triangle problem."
  4. Connect the external data under the chain, that is, solve the "prophecy problem."
Now that we have Chainlink, zk-snarks and sharding technology, we have reached this tipping point.
Next, let's explore how this ultimate nirvana is actually made. Our discussion will be mainly from the perspective of Ethereum, which is still the top smart contract platform for community size and mainstream applications.
So what about the private chain?
Before delving into it, I want to take the time to solve an unavoidable problem. The mainstream view has always believed that the private chain is a more suitable solution for the enterprise. Therefore, we first dialectically analyze the two advantages and two major drawbacks of the private chain.
Disadvantages
  1. Centralization leads to relatively lower security
It's not surprising that IBM and Maersk's blockchain freight alliances have a hard time finding customers who are willing to join. How can other freight companies be willing to let their biggest competitors (Maersk) verify their trading data? Only madmen dare to do this.
  1. The staking of the horses occupy the hills:
This problem is even more serious than centralization. John Wolpert, co-founder of the IBM blockchain, wrote an excellent article called Breaking the Barriers to Realize Security: Why Companies Should Embrace the Ethereum Public Chain, which he covered in detail in the article.
If every company builds its own private chain, it will lead to chaos in the mountains. Today's B2B ecosystem is very complex. Imagine the innumerable private chains of the world intertwined to form a huge "spider web." This is not only cost-effective, but also not scalable.
The starting point of the blockchain is to break down barriers instead of building more barriers.
"One day, one of your big buyers called you to ask if you want to join their private chain. You promised. The next day you received a call from the wholesaler to ask you the same question. Then came the supplier, freight. Business, insurance company or even bank, and each company may have several private chains! Finally you have to invest a lot of time and cost to operate dozens of blockchains every day . If there are partners to let you join them at this time The private chain, you might say "Forget it, or fax me the order!" ”—Paul Brody (Ernst & Young)
“Every time you connect two private chains through a system integrator, you have to pay a lot of money .”
Advantage
  1. Scalability: With the Ethereum public chain implementing fragmentation technology, this advantage is rapidly shrinking.
  2. Privacy protection: At this stage, the classification of public chain / private chain is actually not very accurate. The Aztec , Zether, and Nightfall protocols (both based on the zk-snarks protocol) effectively provide a "private chain model" for the Ethereum public chain, allowing it to switch between the public and private chains. Therefore, a more accurate classification should be the alliance chain and the public chain.
By 2020, the label of the public chain/private chain will gradually disappear. The public and private chains will no longer be two opposing concepts. Instead, the concept of publicly traded/private transactions and confidential contracts/open contracts is changed, and the scope of these transactions and contracts varies according to specific needs, either bilaterally or multilaterally or even publicly.
All in all, the private chain has two major drawbacks compared to the public chain. Not only that, but the two major advantages of the private chain are also rapidly disappearing.
“Technology will evolve over time, so there will be a variety of solutions to solve existing problems. Ultimately, the public-chain platform will have the same performance, scalability and data privacy as the private chain, while at the same time ensuring security and Decentralized."
Feature 1: Privacy protection (predictive machine and public chain privacy)
Enigma founder Guy Zyskind once joked in his MIT graduation thesis that smart contracts can only become commercially valuable if they become "confidential contracts." He later proposed that zk-snarks and Trusted Execution Environment (TEE) are the most promising solutions. He said nothing wrong.
What is zk-snarks ? Zk-snarks is a zero-knowledge proof mechanism (ZPK). So what is the zero-knowledge proof mechanism? In short: a zero-knowledge proof mechanism allows you to prove that you own certain information without revealing the content of the information.
Vitalik Buterin explained this concept in detail from a technical point of view in an article published in 2017. Hackernoon also wrote an excellent article explaining the concept in an easy-to-understand way with the example of a five-year-old child and Halloween candy.
What is the trusted execution environment? The trusted execution environment lets the code run on closed hardware, and
1 ) The guarantee result cannot be tampered with
2 ) Protecting absolute privacy, even hardware running code can't get confidential information.
The most well-known trusted execution environment is Intel SGX. Chainlink has established a partnership with Intel SGX after acquiring Tom Crier.
Ernst & Young released the Nightfall agreement on Github on May 31, 2019. A well-known accounting firm with a history of 100 years will choose to add privacy features to the public chain instead of developing a private chain. This is a problem.
Since then, the community has been actively developing on this basis, not only to improve the code, but also to develop a plug-and-play Truffle Box for those who are not good at writing code. Blockchain communities and businesses generally rarely collaborate, so these collaborations fully demonstrate the popularity of Nightfall.
Prior to this, two zk-snark-based Ethereum public chain privacy protocols were introduced, namely AZTEC (Consensys) and Zether (Stanford, JPMorgan Chase). An obvious trend is slowly taking shape.
In the field of oracles, Chainlink uses both zero-knowledge proof and a trusted execution environment to complement each other. Trusted execution environments guarantee data privacy, even for nodes that cannot access data (this feature is critical for bank accounts and API keys).
Chainlink is still trying to implement a trusted execution environment, and nodes can access data temporarily, so authentication services are also needed. Although the credible execution environment is almost 100% foolproof, in theory, a strong shield has a spear that can penetrate it. Therefore, the team is currently trying to run zk-snarks in a trusted execution environment (Thomas Hodges mentioned this in the 2019 Trufflecon Q&A session). The combination of the two can form a very robust and complete system. The attacker must find a way to strip all the layers of an onion at the same time to make any effective attack (and it is already difficult to peel off a layer of skin).
“Chainlink combines a trusted execution environment with zero-knowledge proof to build what we call a defense-in-depth system, which means they provide all the tools needed for smart contract developers, including trusted execution environments, multiple nodes, and Data sources, fine margins, reputation systems, asymmetric encryption, zero-knowledge proofs, WASM, and OTP+RNG, these features allow smart contract developers to adjust the confidentiality and cost of contracts based on specific budget and security needs. Machine, Chainlink and its four major application scenarios》
In the future, zk-snarks may be upgraded to zk-starks (a fully transparent zero-knowledge proof mechanism) that protects the system from quantum computer attacks. And the best thing about zk-starks is that it's more scalable than zk-snarks. In other words, it can better protect privacy, and the cost of gas will not increase.
If you want to learn more about zk-starks, you can read a popular science article written by Adam Luciano.
Feature 2: Scalability (scalability of predictive machines and public chains) To understand this problem, we can make an analogy like this:
A public chain is like a large enterprise, and every employee (ie, a node) must attend each meeting (ie, confirm each transaction). Imagine how inefficient this company is! Only customers who have a lot of money (ie gas fees) can get their requests to the forefront. And this is not the most serious problem. The most serious problem is that the more employees (ie nodes) who join the company, the harder it is for the company to function properly! In the end, the company not only failed to expand linearly, but also became smaller and smaller. Although this guarantees decentralization and security to the greatest extent, the price is completely abandoning scalability.
There are various temporary fire fighting solutions, but no one solution can completely solve this "impossible triangle problem." For example, EOS uses the DPOS mechanism (share authorization certification mechanism), where only 21 super nodes (many of which are well-known nodes) are responsible for verifying all transactions.
Sidechains (such as Bitcoin's Lightning Network and Ethereum's lightning network) guarantee scalability and decentralization at the expense of security.
So how to use the fragmentation technology to solve this problem? Let's make another analogy:
In reality, there is only one company that is not too much to ask everyone to attend all meetings, that is, small start-ups (that is, private chains that limit the number of nodes).
In most cases, large companies divide employees into thousands of teams (ie, shards), and each team's principal (ie, the certifier) ​​is responsible for reporting to the senior management (ie, the main chain). If people from different teams need to collaborate (and sometimes also), then they can collaborate by cross-shard receipts. If a new employee joins the company, the team can be re-segmented (ie re-sharding). This allows for linear expansion.
In fact, the process of developing a start-up to a large enterprise is surprisingly similar to the process of Ethereum 1.0 developing into Ethereum 2.0.
“The Ethereum 1.0 period is that several people who are alone are trying to build a world computer; and Ethereum 2.0 will really develop into a world computer.” Vitalik Buterin said in the first piece of the workshop.
Since Ethereum was not originally built on the principle of fragmentation, it takes seven steps to achieve the goal (this is a bit like the word morphing solitaire game). The first step is planned for January 3, 2020.
At the same time, developers can use many other blockchain platforms designed based on the fragmentation principle. Some platforms, including Zilliqa and Quarkchain, are already compatible with Chainlink.
If you want to see more in-depth technical analysis of shards, check out an article by Ramy Zhang.
In the field of oracles, Chainlink has the following two characteristics:
1 ) Use Schnorr threshold signatures to quickly reach consensus in a cost-effective manner. The next version of the chain only needs 16,000 gas.
2 ) We have previously discussed the need to use trusted execution environment hardware to ensure that nodes cannot access sensitive data. Since you have hardware in your hand, you can use it to do some actual computing work, so that you can properly reduce the amount of computation on the smart contract platform.
"With the SGX system (Town Crier) and zero-knowledge proof technology, the oracle can be truly reliable and confidential, so the boundaries between the oracle and the smart contract are beginning to flow... Our long-term strategy... is to let The predictor becomes the key chain of computing resources used by most smart contracts. We believe that the way to achieve this goal is to perform chain operations in the oracle to meet various computing needs, and then send the results to the smart contract."Chainlink White Paper, Section 6.3 (26 pages)
Of course, this “long-term strategy” has certain risks, unless Chainlink can implement a trusted execution environment and its service provider ecosystem can achieve a qualitative leap. However, the Chainlink team's vision is absolutely forward-looking: under-chain computing is a key factor in ensuring that blockchains are not dragged down by large amounts of IoT data.
The Internet of Things has dramatically increased the current state of big data. At present, most of the data is still generated on the software side, and it is not real-time data, and most of the data in the future will be real-time data generated on the sensor side. One of the big drawbacks of real-time data is that it increases storage pressure. For example, Coughlin Associates expects an unmanned car to generate 1G of data per second. This means that the same car will produce 3.6T data per hour!
The only viable solution is to do real-time analysis of the data, rather than storing the data first. In the Global Cloud Index: 2016-2021 Forecast and Methodology White Paper, Cisco predicts that more than 90% of data in 2021 will be analyzed in real time without storage.
That is to say, the essence of data is that it can only exist in just one instant. The nature of the blockchain is not to be modified, so the two are as incompatible as water and oil.
The solution is to analyze the raw data under the chain, extract the meaningful results and send them to the blockchain. The combination of fragmentation technology and trusted execution environment forms a new computing architecture, similar to the cloud computing-fog computing-edge computing architecture.
It should be noted here that it is good to improve computing power, but this is not the main purpose of the blockchain.
The fundamental purpose of the blockchain is not to reduce the original cost of computing and data storage. After all, technology giants such as Amazon, Microsoft, Google, Salesforce, Tencent, Alibaba, and Dropbox have built world-class cloud services. The centralized server wins high computational efficiency (but the blockchain will greatly improve the computational efficiency through fragmentation technology, and will catch up with it one day). The value of the blockchain is to reduce the cost of building trust. Nick Szabo calls it "social scalability" (this is a relative concept to the "operational" scalability we have been talking about). Vitalik Buterin also made it clear that the meaning of smart contracts is to accept small arithmetic delay penalties in exchange for a substantial reduction in "social costs."
Alex Coventry of the Chainlink team once raised the question: "We have missed many opportunities for cooperation and reciprocity because we can't confirm whether the other party will fulfill the promise?"
Is there any potential for data storage projects like Siacoin and IPFS? What about decentralized computing projects like SONM and Golem?
Siacoin 's core value proposition is not that its computing efficiency is higher than traditional cloud services. The cost of computing is required to split, repeat, and reassemble data. And companies are more capable of buying the latest and greatest hardware than individuals. Siacoin's core value proposition is to process data in an Airbnb-like mode, so management fees will be lower than traditional models. It also generates additional social value, such as flood control, privacy and security, and anti-censorship.
The same is true of Golem and SONM. Even with the most efficient protocol, it is inevitable that a small amount of delay will be imposed and fined to coordinate the hardware of different geographical locations. Therefore, under the condition that all other conditions are equal, the centralized hardware still has the advantage of faster computing speed. However, the core value proposition of the above project is to use the Airbnb-like model to reduce management costs.
We must strictly distinguish between "social scalability" and "operational scalability", and the two cannot be confused. I will explain these two concepts in detail when I discuss "Magic Bus and Lightweight Library" later.
Feature 3: Compatible with legal currency
Most mainstream companies do not regard cryptocurrencies as "real currencies." In addition, even if someone wants to use cryptocurrency for trading, it is very difficult to actually operate because of its high price volatility. I discussed the “price volatility problem” in detail in Chapters 8 and 9 of the previous article. These problems do not completely erase the existence value of cryptocurrencies, because cryptocurrencies also have many advantages that legal currency does not have. I am just emphasizing what we need to know more about the comfort zone of mainstream companies.
Chainlink acts as a universal API connector that triggers open banking payments. Chainlink is fully compliant with ISO 20022 and has established a long-term partnership with SWIFT (it is worth mentioning that SWIFT has not been updated for a long time and hopes to be updated after the SIBOS 2019 conference).
PSD2 will take effect on September 14, 2019. All banks in the EU will all comply with this new regulation by then. In other words, the bank must put all account data in the "front end" and can be called through the API. The approved third party (ie, the Chainlink node) can trigger the payment directly without the payment service provider.
Although the United States and Japan have not adopted similar laws, many banks still spontaneously promote the development of open banks. Banks open APIs to third-party developers to create new revenue streams and customer experiences that ultimately increase profitability. In addition, this will allow banks to better respond to competitors in the mobile payment and financial technology sectors in an APP-centric economic model.
As this open banking revolution continues, Chainlink will connect smart contracts with the world's major currencies (US dollar, euro, yen, etc.).
Only one external adapter is required to connect to the authenticated API. From a programming perspective, it is relatively simple to allow everyone in the community to contribute code to the code base (and thus achieve scalability). Chainlink has released adapters for PayPal and Mister Tango (European version of PayPal).
Feature 4: Data connection with the chain
Chainlink has been working on solving the "prophecy problem" and successfully succeeded on the main online line on May 30, 2019.
Chainlink has made many achievements in just a few months. Provable (formerly Oraclize) was successfully used on the Chainlink node and finally settled the debate about whether the predictor should be centralized or decentralized.
Synthetic Ether lost 37 million Ethercoins in a hack because it did not connect to Chainlink. Fortunately, the money was finally recovered and did not cause any loss. This lesson illustrates the importance of decentralized oracles.
In addition, both Oracle and Google have partnered with Chainlink to monetize their API data and create a virtuous circle to capture the market opportunities that Facebook missed.
There are new nodes coming online every week, and the network activity has been very high. The Chainlink team maintains a list of certified nodes in the documentation and Twitter releases. Twitter user CryptoSponge also set up a new development for the Tableau push update Chainlink team:
Regarding the importance of the current stage in the history of blockchain development, Brad Huston summed it up very brilliantly:
"The biggest problem with cryptocurrencies is to build bridges between cryptocurrencies, fiat currencies and big data. Chainlink is very beautifully narrowing the distance between the three. Now it can even be said: 'The bridge has been built.'"
Magic bus and lightweight library
Let's summarize what we discussed earlier. The real purpose of the blockchain is to reduce the cost of building trust and achieve "social scalability."
Therefore, according to this logic, the main application scenarios of platforms such as Ethereum 2.0 and Zilliqa should be in the B2B field. I quote a sentence I wrote in a previous article:
“My conclusion is: If the smart contract is successful, it will also succeed in the B2B field first.”
The private chain itself is self-contradictory and destined to fail. It has led to the phenomenon of occupying the hills, thus increasing the social cost, which is in opposition to B2B itself, and ultimately it is self-restraint. ”
Before the emergence of fragmentation technology, even simple games (ie, etheric cats) could not be smoothly run on the public chain, let alone dealing with complex B2B contracts and even changing commercial DNA. With the sharding technology, everything is ready.
Despite this, we can't use Ethereum 2.0 as an all-powerful platform. Just now we said that although it is a good thing to speed up the calculation, this is not the real purpose of Ethereum 2.0. And before we also said that due to the irreversible modification of the blockchain, it is not good to deal with a large number of fleeting real-time data of the Internet of Things. In other words, we must be soberly aware that Ethereum 2.0 will not replace traditional web 2.0. Instead, we should make better use of the real advantages of Ethereum 2.0:
“There is a new concept now, that is to think of the Ethereum main network as a global bus... We use the Ethereum 2.0 main network to treat various business resources as a working group on Slack: it can be easily built and integrated. And restructuring. The SAP inventory management system in your company, the dealer's JD Edwards ERP system, and the financial technology partner's tall blockchain system can seamlessly interface, eliminating the need to develop an infrastructure specifically for each partner." - John Wolper describes his ideal "magic bus"
Ethereum 2.0 should be an integration center, not a data center or computing center. It should be a library built specifically to store B2B contract terms (to be honest, even with fragmentation technology, the amount of data is large enough).
We should not expect Ethereum 2.0 to be an all-powerful platform, but rather develop it into a "lightweight library."
If we reorder the pyramid model just now, the architecture of the magic bus is obvious:
Of course, the positional relationship in the above model is not static. With the development of 5G technology, edge computing and IoT sensors, they may bypass the cloud to directly interact (or even bypass the fog end). If the collaboration between Iotex and Chainlink is successful, then the edge can interact directly with the trusted execution environment.
Time will tell if Airbnb's shared data storage and computing model can make management costs lower than the current mainstream Web 2.0 model. Time will also prove whether the market really needs anti-censorship, anti-tampering, security protection and privacy protection. Do users really care about these social values ​​and are willing to pay for them? Do they think these are just the icing on the cake or the most fundamental value?
in conclusion
Whether it is the battle between web2.0 and web3.0 or the battle between cryptocurrency and legal currency, one thing is beyond doubt:
We have reached the tipping point, and the era of smart contracts with commercial value has arrived.
In fact, the only problem at the moment is the time issue, and the main roadblocks have been basically cleared.
  1. When will Ethereum 2.0 finish these 7 stages and be officially released?
  2. When will Chainlink use a trusted execution environment on a large scale? If the cooperation between Intel SGX and Town Crier fails, what alternative plans are there? Will Chainlink communicate with other blockchain teams that plan to use a trusted execution environment (such as Dawn Song's Oasis Labs)?
At present, the main technical problems in the ecosystem have been solved, and now it is only necessary to recruit a group of enthusiastic developers to do the work of “connecting the line”.
Digital currency has changed commercial DNA, and the future is full of possibilities.
The only thing that hinders us now is our own imagination. The future is infinitely imaginative, and the future will be the world of developers. Dapps is already overwhelming. There is no doubt that we have found the ultimate nirvana.
This text was translated from Chinese, open following in Chrome and translate to see all images:
https://bihu.com/article/1242138347
submitted by QuantLink to LINKTrader [link] [comments]

All About BitShares [BTS]

All About BitShares [BTS]
source: https://medium.com/@AtomarsExchange/all-about-bitshares-bts-4ba242ec018b

What is Bitshares?

Bitshares is a decentralized cryptocurrency exchange that forms part of the Microsoft Azure blockchain. It was created in 2014 as a brainchild of CTO Dan Larimer, who is also the co-founder of Steem and EOS, along with Charles Hoskinson, co-founder of Ethereum and Cardano. Just like Steem, Bitshares uses a Graphene layer and is part of the most active blockchains on the market.

https://preview.redd.it/24w3wvs7cnx31.png?width=1538&format=png&auto=webp&s=bebcd1ac216a4309b658d99b33a019fb4b81b1af

Introduction to Bitshares (BTS)

Bitshares has gone ahead to the forefront of the battle to regulate cryptocurrencies. The Securities and Exchange Commission has been reviewing Ethereum and Bitcoin to determine what differentiates a crypto token acting as a security. Many crypto exchanges are in a mad rush to submit the proper forms to get SEC approval and some are pulling out of the U.S market completely.
The subject of cryptocurrencies as a security, commodity or currency is being debated for many of the top 100 cryptos. In the U.S., regulators like SEC and DOJ are being careful to research and classify cryptos, blockchains, ICOs and exchanges on an individual basis.
Enter Dan Larimer, with a clear vision of building towards a massive section of the decentralized exchange market. Legal issues would prove to be nothing if the cryptocurrency exchange is competitive. Bitshares is based on a delegated Proof-of-Stake verification system and the blockchain technology of the network is revolutionary.

Benefits of Bitshares

Transaction speed: Bitshares’ blockchain offers transaction speeds of less than 5 seconds to conclude.
Decentralization: The Bitshares exchange is fully decentralized which ensures users are protected. Hacking is impossible and the cryptocurrency is seen as highly reliable.
Minimum commission: Bitshares offers special solutions that make transactions in the system very fast and cheap. One of the main goals in the development of the BTS cryptocurrency was to reduce transaction fees.
Real value: Bitshares is not like other cryptocurrencies that are not backed by anything. Bitshares comes with the benefits of the trading platform as well as its services. Thus, predicting the value of assets is much easier than for example, Bitcoin.
Increased throughput of the system: The trading platform’s technical capabilities allow for more than 10,500 transactions per second. Bitcoin, on the other hand, can conduct no more than 7 financial transactions per second.


https://preview.redd.it/ad4s8l7bcnx31.png?width=1080&format=png&auto=webp&s=1c77f313c78114aca4fd0a6f5cbb36a0fa88b00e

Breakdown of BTS

The total supply of Bitshares is 3,600,570,502 BTS with the price peaking on January 2, 2018, at $0.907259. BTS cannot be mined. It is regarded as a legacy coin because it existed long before most exchanges and is responsible for the concept of crypto trading pair. Bitshares is the first delegated Proof of Stake blockchain and is governed by community-elected delegates.
Bitshares runs a referral rewards program to drive mass adoption. At the moment, opening a Bitshares account is free, but a lifetime members account costs $100 and comes with 80% fee discounts. Also, lifetime members earn $80 for referring another Lifetime member.
BTS coins cannot be mined. Tokens can be created on the Bitshares network and can be converted to BTS, then converted to BitAssets, which are tied to real-world markets.
bitUSD, bitEUR, and bitCNY are based on real-world fiat currencies, U.S. Dollar, Euro, and Yuan, respectively. Meanwhile, bitGOLD and bitSILVER are based on gold and silver prices.
People in volatile markets such as South America where hyperinflation is rife will enjoy the stability this crypto option provides at a time local fiat currency is struggling.

What is BitAsset?

Online exchanges are centralized and databases are stored on servers only the exchange can control. To use their services, you must first create verified accounts which often involves scanning an ID. Bitcoin and altcoins are still relatively new and this is why they suffer wild swings from time to time. This essentially necessitates converting crypto coins into a stable asset, usually USD. This need is served by exchanges as they allow users to buy and sell crypto coins by converting to and from fiat currencies like USD, EUR, YUAN, and so on.
Bishares’ answer to this is BitAsset. A BitAsset is a coin pegged to a real-world asset. Its value is a mirror of the value of the real-world’s asset. For instance, the BitAsset BitUSD mirrors the value of USD. This means BTS can be converted into BitUSD, and BitUSD to BTS without exiting the blockchain.

How to Buy and Store BitShares (BTS)

BTS can be bought and sold on several crypto exchanges which include Binance, HitBTC, Huobi, OpenLedger, CoinEgg, and Poloniex. However, the coin is not offered by many. Most of the active work is done on lesser-known sites. One in particular is zb.com, which executes transactions in the BTS/ZB pair reaching over $600,000 in total. Still, on the same platform, the BTS/USDT pair is traded for only $300,000 in total. More than $5 million BTS is traded every day in trading pairs with BTC, ETH, and USDT. Bitshares can be stored through the official Bitshares wallet.

Difference Between BitShares and Other Cryptocurrencies

The key difference Bitshares has with other cryptocurrencies is that it is based on Delegated Proof of Stake. Other systems utilize confirmation of financial transactions involving miners. However, rather than pay millions to people for this, the BTS team thought differently. Special delegates are called on to confirm financial transactions. These delegates are selected by the holders of the coin. In theory, anyone with a Bitshares account can become a delegate. There are currently 101 delegates in total.
Each delegate can sign at most 1% of transactions. For Bitcoin, most financial transactions are confirmed by 4–5 major users. If you aren’t satisfied with your delegate, you can refuse his services and choose another delegate.

Conclusion

Crypto investment can be really profitable, but with profit comes danger. In financial services, transparency is the watch-word, and while the other cryptos aim to redefine banking, BTS is focused on Wall Street. It remains to be seen whether it is a kill shot or they will both learn to live together.
submitted by kryptosapien to BitShares [link] [comments]

New NA Games Discussion (2019/03/21)! Azure Saga: Pathfinder DELUXE Edition, (NEOGEO) Baseball Stars 2, Block-a-Pix Deluxe, Grand Prix Story, Reptilian Rebellion, Rogue Bit, StarDrone, Super Phantom Cat: Remake, and Witch & Hero release today!

The previous release(s): Assault On Metaltron, Chocobo's Mystery Dungeon EVERY BUDDY!, and Super Kickers League and:
Blaster Master Zero 2 / $9.99 · Action, Adventure · 1 player
Mutant blasting action is back! Join Jason, Eve, and Fred on an intergalactic journey!
The side-scrolling/top-down hybrid action adventure gameplay returns with a brand new sequel to "Blaster Master Zero"!
Experience the yet-untold story of Jason and Eve after defeating Earth's mutant scourge as they venture into the depths of space in their new battle tank, "GAIA-SOPHIA"!
The story of Blaster Master Zero 2 begins a few months after the events of the first game (released on March 9, 2017), where the main protagonist Jason saves planet Earth from the mutants. Eve has been infected by mutant cells that are slowly corrupting her body, so together with Jason and Fred, they board G-SOPHIA and begin an intergalactic journey to Eve's home planet, Sophia, in hopes of finding a cure for the mutant infection.
A perfect blend of action-adventure through outer space and the signature Blaster Master gameplay creates a formula for a fun new experience.
Nuclear Throne / $13.99 · Arcade, Action, Adventure · Up to 2 players
Can you reach the Nuclear Throne?
The indie Super-hit from Vlambeer, finally on Nintendo Switch! Nuclear Throne is a post-apocalyptic roguelike-like top-down shooter. Not 'the final hope of humanity' post-apocalyptic, but 'humanity is extinct and mutants and monsters now roam the world' post-apocalyptic. Fight your way through the wastelands with powerful weaponry, collecting radiation to mutate some new limbs and abilities. All these things and more you could do if only you were good at this game. Can you reach the Nuclear Throne?
Today’s release(s):
Azure Saga: Pathfinder DELUXE Edition / $8.49 sale, $9.99 normally · Role-Playing · 1 player
Band together to search for the legendary planet that will save humanity in the DELUXE complete edition of the beautifully drawn isometric RPG world.
Far into the future, the human race survives through colonies scattered across the universe. One tale gives humanity’s remnants hope – one of the legendary planet, Azure, a world full of life and abundant resources that could bring humanity back from the brink of extinction. Join a young scientist, Synch, as he travels across the galaxy to meet new companions and find his father.
(NEOGEO) Baseball Stars 2 / $7.99 · Sports, Arcade · Up to 2 players
BASEBALL STARS 2 is a sports game released by SNK in 1992. Get the full experience with intense graphics and passionate announcers!
Time to see some exciting baseball! Use the Power-bat to send the ball flying for an amazing home run!
Lace up your cleats, and step onto the diamond with the pros of Baseball Stars 2. You’ll find everything you’d expect in a classic game of baseball, but with an arcade feel and intense action that distinguish it from the pack. Pick one of six unique teams from cities around the world, and then get ready for nine innings of excitement, whether you’re taking on the computer in a 15-game tournament or squaring off against a friend. There are two modes of game play, so even the most inexperienced player can compete at the major-league level (with a little computer-aided fielding). Watch as the game develops through split-screen views and close-up shots worthy of any highlight film, and see if you can catch the numerous over-the-top animations of the large and detailed player models. Think you have what it takes to win the pennant?
Block-a-Pix Deluxe / $7.99 · Puzzle, Strategy · 1 player
The block-filling logic puzzle where every grid has a picture hidden inside.
Reveal the picture by dividing the grid into smaller rectangular blocks to create a colorful mosaic. Each block must contain one clue number, indicating the size and color of the block to be painted.
Block-a-Pix Deluxe contains 120 puzzles, designed by Conceptis Ltd, They produce cute, detailed pictures which have been carefully hand-crafted and are guaranteed to be uniquely solvable.
  • [trailer]()
  • Switch gameplay · [more]() · [gameplay search]()
  • demo available
Grand Prix Story / $12.00 · Simulation, Sports, Arcade, Action · 1 player
Try your hand at managing an auto racing team!
Become the boss of your own team, training drivers and acquiring sponsors before conquering the Grand Prix!
Develop new vehicles and parts, and customize them any way you like! Do you have what it takes to make it to the winner's circle?
No knowledge of motorsports is required to play!
  • [trailer]()
  • [Switch gameplay]() · [more]() · [gameplay search]()
Reptilian Rebellion / $2.99 · Arcade, Action, Party · 1 player
Stop the New World Order in this challenging game!
The Reptilian Rebellion has just started.
Wait, don’t you know what reptilians are? There are thousands of these green lizard-men living amongst us, but now they have become too dangerous and want to take control of the planet.
Don’t let reptilians rule the world and send them to hell.
Reptilian Rebellion is a casual and challenging game, kill as many reptilians as you can, keeping an eye on your ammunition, and looking for powerups and friends.
Be careful with the vehicles, find the leader of the Illuminati, unlock different characters and collect bitcoins to enter the leaderboards.
Stop the New World Order!
Rogue Bit / $4.99 · Puzzle, Education, Simulation, Adventure · 1 player
explore, hack, escape
A single bit of computer memory became sentient and decided to escape from digital into the real world. Explore RAM, modify bytes and hack machine code and CPU registers to set it free.
The game is about the way computers work internally. Having some programming knowledge makes the game easier, but it isn't required. All the elements required to solve the puzzles are explained in the game.
How does it play? You play the game as a single bit of computer memory. You can invade other bytes around you and thus modify their values. The game features various types of puzzles:
  1. Explore. With ability to XOR into adjacent bytes, you can navigate your way through existing data in the memory. The game automatically marks the bytes you cannot go through without getting yourself overwritten and prevents you entering those. Both binary and ASCII views are available, which you can utilize to find an open path for a particular puzzle.
  2. Decipher programs. Various programs run on the computer you are trying to escape from. The game includes a disassembler showing you the assembly language corresponding to the machine code that is being executed. Don't worry if you don't know any Assembly. There are only a handful of CPU instructions and they are introduced gradually as you complete the puzzles. Reading the assembly code, you can track the program logic, see which parts of RAM it reads and writes to and manipulate data in those locations to get the program to do what you want.
  3. Invade CPU registers. The computer you are trying to escape has a simple CPU with a couple of registers. You can trick the CPU to load yourself into the registers and affect code execution or offload yourself into otherwise unreachable memory locations.
  4. Hack. For some puzzles, it isn't enough to change the data in RAM or registers. You can also change the machine code to get the computer to do different things.
Gameplay Tips: Carefully observe the bytes on the screen and what the CPU is doing. Sometimes you need to read the code in straightforward manner. Sometimes you need to work your way backwards: find the line of the code you want executed and then trace the code backwards to figure out how to trick the CPU to get to that instruction.
The game only has about 30 puzzles, but some of those might take considerable effort to solve. So take it easy and don't rush to the end. If you solve a puzzle by accident, don't go forward until you understand why it happened. You might miss some small detail and get completely stuck on the next puzzle.
StarDrone / $9.99 · Arcade · 1 player
StarDrone is a high-speed action thriller with a mix of arcade action, pinball, and breakout.
In StarDrone, players pilot their Drones across the galaxy, collecting pieces of Equilibrix in order to restore the equilibrium of the universe and stop the evil G-Noids from taking over. However, this journey requires much more than star-gazing, as your Drone is constantly in motion and the more stellar matter you collect, the faster it will travel until you are moving at the speed of light. Along the way, key power-ups will earn you more points that will ultimately let you compete against the world on the StarDrone scoreboards.
Super Phantom Cat: Remake / $9.99 · Platformer, Adventure, Puzzle, Action · 1 player
A retro-casual platformer game! No matter who you are, get your cat ears ready! Set off on a crazy journey to rescue your sister!
Super Phantom Cat is a "Pawsome" retro platformer, or what we like to call "Catformer," in which you explore quirky environments, clear purrrfect colorful levels, solve the mysteries shrouding the Phantom world and rescue your kidnapped little sister, Ina.
Witch & Hero / $4.99 · Action, Adventure · Up to 2 players
Witch & Hero is an 8-bit style action game that can be played by anyone!
You play as a Hero accompanied by a Witch and you are seeking revenge, and justice, over the evil Medusa. Medusa turned the Witch into stone, so she is no longer able to move; it’s up to the Hero to defeat the monsters and collect their blood in order to recover the Witch for a limited period of time.
The Hero leads the fight but can revive the Witch to unleash her destructive powers; as the waves of enemies become stronger they will need to work together! In this Nintendo Switch version you also have the option of co-operative play to take on the challenge with a friend.
Witch & Hero has also been enhanced for Nintendo Switch, while retaining its original 8-bit pixel graphics and sound.
We hope you will enjoy the challenge!
Did you buy anything? How did it run? What are your first impressions? Does it seem worth it?
submitted by juicyjames to NintendoSwitch [link] [comments]

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