Cryptocurrency Exchange PHP Scripts from CodeCanyon

BiblePay (BBP)

BiblePay (BBP) is a Charity Christian Cryptocurrency that donates 10% of coins to Charity every month, sponsoring orphans
[link]

Shift: The Next-Gen Blockchain with Phantom, a Killer dApp for Decentralized Web and File Hosting

Shift is the first next-gen blockchain with a built-in "killer dApp" for decentralized web hosting, called Phantom. We believe this pre-included feature of Shift will drive adoption and stimulate the development of a robust dApp ecosystem on the Shift platform, especially since anyone who knows JavaScript can develop decentralized applications (dApps) that use the Shift platform. Over the past two years, we have created the backbone of a robust dApp ecosystem to disrupt the hosting industry.
[link]

Bitcoin Exchange Script | Bitcoin Trading Script | Bitcoin Exchange Script PHP | Sellbitbuy

Bitcoin Exchange Script | Bitcoin Trading Script | Bitcoin Exchange Script PHP | Sellbitbuy submitted by bajeelaaluin to u/bajeelaaluin [link] [comments]

Bitcoin Exchange Script | Bitcoin Trading Script | Bitcoin Exchange Script PHP | Bitcoin Exchange Script Demo

Bitcoin Exchange Script | Bitcoin Trading Script | Bitcoin Exchange Script PHP | Bitcoin Exchange Script Demo submitted by fionalysur to u/fionalysur [link] [comments]

67 Free & 3 Discounted: Web Development, TEFL Course: Teach English, Java Programming, C++ , Chip-8 Emulator In C, Curso Excel, HTML5, CSS3 & JavaScript, PMI-ACP, Adobe Essentials, Entrepreneurship Empire, Bitcoin Trading , Growth Mindset, Shopify guide, Microsoft Excel , Adobe After Effects etc


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submitted by ViralMedia007 to FREECoursesEveryday [link] [comments]

small passive income while browsing the web

Introduction
If you were on the internet in the late 1990s, you might remember companies like "AllAdvantage" that promised to pay you to browse the web. You could install a program that tracked your browsing and showed you targeted ads at the top of the screen, then "AllAdvantage" would give you a cut of the ad revenue you generated.
These schemes largely disappeared after the dot-com crash. But Brendan Eich, the creator of the JavaScript programming language and cofounder and former CTO of Mozilla, thinks his company Brave Software has found a way to revive that old idea.
What is it?
Brave makes a browser based on Google Chrome that blocks tracking scripts and other technologies that spy on your online activity. As a result, it also blocks many web ads; if you visit any website using the Brave browser, you won’t see any ads. But Brave will give users the option to see ads that Eich says will respect your privacy. The ads will appear as desktop notifications, he says, not as replacements for the ads the Brave browser blocks. So you still won’t see ads on any website, but you might see them on the right lower corner of your screen. If you choose to see these ads, you’ll get 70 percent of the revenue they generate.
Eich hopes Brave can solve two of the web's most vexing problems the privacy and revenue problem by turning the traditional digital advertising model on its head. Today, ad networks pay sites for ad space and web browsers like Brave and Chrome deliver content from those publishers to users. Brave is trying to put the browser in the center of the advertising experience. Instead of paying publishers directly, ad networks would pay Brave, which will pass part of the money to users and keep a cut for itself.
By handling advertising in the browser on your device, Brave says it will be able to target ads without sending your data to the cloud, and protect your privacy. When you interact with an ad on Brave, the browser sends notice to the company's servers, but doesn't include any identifying information. Eich sees four sets of winners: browser makers get paid; users get paid, and get more privacy; advertisers can target pitches without running afoul of European privacy regulations; and publishers can survive in a world where many users are installing ad blockers.
Publishers and ad networks might bristle at the idea of putting browser makers in the middle of their business. But in recent years browsers have taken a more active role in shaping the web, instead of merely displaying a website’s content. Chrome now blocks ads on a small number of sites with particularly egregious advertising practices, while browsers like Firefox and Safari have added privacy protections. Meanwhile, browser plugins are giving users more control over their experience. There are Chrome extensions, for example, that let you change Facebook's color scheme, or change the way images are displayed on Pinterest. And of course there are extensions that block all ads.
Trying to win advertisers and publishers to a new model isn't Brave's only challenge. It also needs users. Eich says Brave has 15 million users and is growing.
Brave will give users a 70 percent cut of its advertising revenue, which Eich estimates could work out to about $10 a month. Brave will pay users with its own bitcoin-style "cryptocurrency” called Basic Attention Tokens or BAT, which has traded for as little as 24 cents over the past 12 months, according to CoinMarketCap. You can exchange the BAT you have received for viewing ads into USD, EUR, GBP, CHF and many more currencies.
The company offers a service through the cryptocurrency exchange Uphold to allow users to change, sell and buy BAT or donate it to publishers, and for publishers to exchange the BAT they receive for dollars. Advertisers like HomeDepot or recent campaigns included brands such as Verizon, Newegg, Chipotle, and PayPal/Honey, in addition to earlier campaigns by Amazon, Harry’s Razors, Intel, CBS, KIND snacks, Logitech, Lenovo, Grubhub, Belkin, Quickbooks, Evernote and some of cryptocurrency related companies, will be able to buy ads either with BAT or with traditional currencies.
Eich says Brave opted to create its own tokens using the Ethereum cryptocurrency platform in part to avoid regulatory requirements, such as verifying users' identifies, that partners like Uphold are better equipped to handle.
Estimated revenue? (depending on the country you live in the revenue can be higher or lower)
I made around 3oo$ so far this year using 3 devices, just for viewing some ads.
5 months so far july is not included if you calculate it down for 1 device, 100$/5months = 20$ a month just for viewing ads, you would need to buy risky stocks worth of 2000$ to get the same amount per month.
can only recommend everyone to try it, not every country has the same number of advertisers so you probably get the most out of it when you live in the USA.
If you are interested here is a quick guide how to set it up to get the max amount out of Brave:
Quickstartguide:
1 Download brave here
2 Activate the reward system (gif link below)Gif link
3 go into the settings an deactivate auto contribution and activate 5 ads per hour (image link below)image link
4 Create an Account on Uphold and connect it with your BraveBrowser.
Now you are good to go and can make some money on something you do anyway.
I hope this helps some folks in the community to make some extra bucks.
edit1:you can find more infos and support here:brave_browser & BATProject or www.brave.com
edit2:the earnings are depenging on the number of devices you are using and were you are living. Best paying countries: United States (69) United Kingdom (39) Canada (36) Australia (35) New Zealand (26) Germany (21) Ireland (21) France (18)( the number next to the country are the companies that are running ads on brave for this particular country, the more companies the more revenue )
you can find a full list with all countries and campaigns here: https://brave.com/transparency/
edit3:You don't need to browse to a certain website to receive ads, just browse as you are used to, play browser games, watch videos on youtube or do whatever you want.Sometimes Ads appear on the startpage looks like that https://i.imgur.com/5tohhRc.jpg and after some time on the right lower corner a clickable pop-up appears looks like that->https://i.imgur.com/CTGdVsu.png
edit4:If you want to import your bookmarks and settings from your old browser:on the right top corner of the browser is a button ->https://i.imgur.com/oi8EAri.jpg click it > than on settings > and than you got the option to import bookmarks and settings from your old browser.
If you want to sync brave between devices and for backups:type brave://flags/ into the adressbar and than brave sync into the search bar and acticate itif its enabled it should look like this https://imgur.com/a/tCMDgDjthan just click on sync ->https://i.imgur.com/oi8EAri.jpg
here is a guide ->https://support.brave.com/hc/en-us/articles/360021218111-How-do-I-set-up-Sync
edit5: Don't keep your BAT from free token grants to long in your browser, always send your bat to an external wallet or exchange like uphold, only tokens from free token grants have an expire date if they dont get used they go back to the bat pool. you can find more infos about this here -> https://support.brave.com/hc/en-us/articles/360018305731-Why-does-my-BAT-have-an-expiration-date-
submitted by OnlyReveal6 to beermoneyglobal [link] [comments]

Bitget has been integrated with CCXT!

Bitget has been integrated with CCXT!

https://preview.redd.it/u1ykg2qgmef51.png?width=768&format=png&auto=webp&s=f1cfec5bdf1cc91164bdc09e94095fbbe1bb138f
Dear Bitget users,
Bitget is proud to announce CCXT integration!
CCXT integration means that Bitget API traders can now easily and seamlessly connect to our trading platform through standardized protocols offered by the CryptoCurrency eXchange Trading Library (CCXT). This is by far the most popular data integration system available with over 100 other crypto exchanges.
If your systems already use CCXT, it should be painless to hook up to Bitget and make full use of its public and private REST APIs.
CCXT is a JavaScript / Python / PHP library for cryptocurrency trading and e-commerce with support for many bitcoin/ethealtcoin exchange markets and merchant APIs
The CCXT library is used to connect and trade with cryptocurrency / altcoin exchanges and payment processing services worldwide. It provides quick access to market data for storage, analysis, visualization, indicator development, algorithmic trading, strategy backtesting, bot programming, webshop integration and related software engineering.
It is intended to be used by coders, developers, technically-skilled traders, data-scientists and financial analysts for building trading algorithms on top of it
Bitget Team
submitted by Bitget to u/Bitget [link] [comments]

[TASK] $20/day - Supervise and occasionally harass a chronic procrastinator

Edit: Thanks everyone, I think I'm good... how do I close this thing...

This is edited copypasta of my request from a while ago. (Actually like, \5th time I've done this, see post history if curious).) The result of that was that it worked well for a while, so I am back for more.

Looking for someone who, ideally, spends all day at a computer, doing something easy / boring.

I do "computer stuff" for a living, and my job doesn't have much oversight, so I've been developing a lot of bad habits. It's totally out of control - I am at work (WFH these days) 10-12 hours a day and spend the whole time screwing around online, promising myself that I'll get started in five minutes. I'm very competent when working, but most weeks I spend literally <2hr on task. If you want to indulge in my self-loathing, look through my post history.
What I need is basically a babysittesupervisor over my shoulder (virtually). I'm in the EST/EDT time zone, work M-F, and have flextime: averaging a 09:00-17:00 job but many days being a couple hours long/short. That said, if you can squeeze 4 hours of no-BS work out of me in a day, that's a win. I need someone to keep an eye on my work and ask me if anything looks suspicious, or I'm AFK for a while, have a basic idea of what I'm working on. I'll be sending frequent updates (10-30 min apart) on how stuff is going, with screenshots a good percentage of the time to prevent me from bullshitting you. Basically, you stay on top of me like those annoying micromanaging bosses that everyone hates. Harassment is done over IM - I'm flexible on which one, but preferably one of these: Discord, gTalk/gChat/Hangouts, Signal, although I am willing to use SMS, or anything with a browser agent (Telegram, Skype, Watsapp, etc...).
Payment: $20/day - PayPal, bitcoins, dogecoins, check in the mail, I'll accommodate you. If you want help with learning or doing something related to programming, linux, spreadsheets, k8s/containerization, I'll throw that in for free*. Don't bother offering <$20 - in my experience it needs to be worth a chunk to both you and me so that you give a shit about the task, and I am slightly pained by the expenditure, but not so much that I want to lie and fake success early.
Preferences: The more miserable your life, and the more you want that $20/day, the better. I used to be the guy on the other side - too much screen time, need a tiny bit of money, don't want real job. Mention your circumstances in your $bid, e.g. "I am a NEET living in mom's basement, pretending to be taking edX courses while I'm actually watching anime, I have a 4 monitor rig so no problem keeping an eye on you!" or something like that.
Multiple offers: I always get a bajillion offers, so here's the deal. I'm only considering the first 5 $bids which have a 1-2 sentence summary of their situation. First by timestamp, so if you see 5 $bids, I am probably already editing the post to be closed. For the five people, I'll arrange them in random order, and do paid trial days (I will PM you with the date, it'll be the next 5 business days, maybe counting today). Once I get a competent match (about ½ - ⅓ of applicants in my experience, so even if you're 3rd consider your chances poor), I'll "hire" them cancel those still waiting, =\ sorry, can't afford 5 nannies.
Feel free to comment to ask for additional information. I'll close and update this post when I get 5 $bids.
\) On two occasions I've spent all night helping an acquaintance get their final project in CS101 from garbage code to mostly-working. One of my previous paid accountability supervisors traded a couple of free days to debug some problems with apache2 and, IIRC, a php script. But if you just need like, 45 min of help every now and then, we can bang it out, no need to sacrifice your money.
submitted by lazy-fuckhead to slavelabour [link] [comments]

Building Ergo: Atomic Swaps

Because a blockchain is a siloed, self-contained system by design, interacting with other blockchain protocols is challenging. Atomic Swaps enable cross-chain exchange of digital assets, avoiding the need for centralised exchanges.
Blockchains are excellent at decentralised value transfer within their own domains. That is, you can send BTC to any Bitcoin address securely and easily, and you can send LTC to any Litecoin address securely and easily too.
But because blockchains are based on consensus between miners, they are not designed to interface with other blockchains. Trading assets on different blockchains has therefore traditionally involved third parties like exchanges and OTC desks – with all the risks and inefficiencies they bring.
Cross-chain swaps
Atomic swaps solve this problem by enabling cryptocurrencies to be traded across blockchains. This allows trustless exchange of assets, quickly and efficiently. Here’s how they work in theory:
They are called ‘atomic’ swaps because the orders are either executed in their entirety, or not at all – a kind of fill-or-kill order. But while that’s useful up to a point, it doesn’t allow for active trading, like you would be able to do on an exchange.
Ergo’s implementation of atomic swaps develops the concept further. It’s relatively easy to swap coins or custom tokens trustlessly across any Bitcoin-like blockchains. But beyond that, Ergo allows partial swaps. Just like on a regular exchange, orders can be partially filled, if that’s what the trader wants.
This means it’s possible to build a fully-fledged decentralised exchange (DEX) that enables cross-chain trading: a totally trustless version of existing crypto exchanges. There’s no need for any gateways, token wrapping or other potential bottlenecks or points of failure.
You can find out more about Ergo’s implementation of atomic swaps and intra-chain and cross-chain token swaps in the ErgoScript white paper.
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Ergo use cases: safe, simple financial contracts

Ergo enables new models of financial interaction, underpinned by smart contracts built on flexible and powerful Sigma protocols but easily accessible to developers.
One of the most exciting things about blockchain is the possibility of making digital agreements without any trusted intermediaries. In the simplest use case, pioneered by Bitcoin, Alice can send a payment directly to Bob, wherever the two of them are located around the world, with no bank or any trusted third party needed. However, with the functionality of a modern blockchain like Ergo, it is possible to make far more complex and sophisticated financial agreements than simple payments. Take the following example.
Gold-backed tokens Alice uses ERGs to purchase gold-backed tokens from Bob. Bob stores the gold in a secure vault, and uses the blockchain to issue one token for every Troy ounce of gold he has. Alice can then use these tokens freely in different contracts, transferring and trading them under whatever conditions she specifies in the smart contract code. When Alice wants to sell the tokens for physical gold, she can conduct another transaction with Bob, receiving ERG in return, at market price.
The point of blockchain contracts is to eliminate the need for trust. While the purchase transaction is now trustless, in this instance Alice still needs to trust Bob about two things. Firstly, Bob may refuse to swap the gold tokens back to ERG at the correct price when Alice wants to sell. Secondly, Bob may default on his obligations – running away with the gold, or misusing the funds he receives and running a fractional reserve.
Extending the contracts To address these issues, we can create an Oracle, or decentralised price feed. This uses multiple sources of external data to record the price of gold to the blockchain at regular intervals. This price feed will be the reference point for the redemption contract that manages the sale of Alice’s gold with Bob (or any other participant). Thus the system automatically enforces the right price when a swap takes place.
The second situation requires a third-party insurer, Charlie, whose service is also hosted on the blockchain with a smart contract. When Alice purchases gold from Bob, she additionally buys an insurance contract from Charlie. The payment can be dependent on factors including the amount of insurance required, and Bob’s reputation – again, managed by a decentralized feedback mechanism. Now, if Bob defaults, Alice will automatically receive the value of her gold tokens, with Charlie effectively acting as a buyer of last resort.
Programmable contracts There are, of course, many other example use cases like this one. We can also extend this use case, adding further economic actors. For example, Charlie may sell shares in his insurance business to Dave and other participants, providing them with a proportion of revenues in return for ensuring he has the capital he needs to cover any liabilities from the outset.
However, even the most complex use case is simpler than general-purpose software that can be used to program any contract. After all, generalised logic must be both far-reaching and secure. Moreover, even a specialised contract is made up of many steps, each of which is fairly simple. Thus another requirement for a general-purpose platform is that it should simplify the process of writing contracts, making them as accessible (and safe) as possible. This can be achieved with the use of template agreements, with customisable parameters. The insurance contract above could be based on a module with flexible parameters, for example. This could be used and reused in many different circumstances.
Ergo’s approach This is essentially the approach that Ergo takes, providing superior support for real-world financial agreements. It does this through:
  1. Support for multi-stage contracts (watch details for developers)
  2. A simple high-level language, ErgoScript, enabling clear descriptions of contractual logic
  3. Support for formal verification of contracts for improved security guarantees (Ergo Platform deployed its first formally verified p2p crowdfunding contract just three months after the network launched)
  4. Easy Oracle creation
  5. Native support for complex signature schemes In short, creating financial contracts on the blockchain isn’t just about the functionality you provide. It’s about making that functionality safe and accessible, as well as powerful. Ergo achieves this and more.
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A REVIEW ON LEASEHOLD DECENTRALIZED PLATFORM

A REVIEW ON LEASEHOLD DECENTRALIZED PLATFORM

https://preview.redd.it/myag8bgerrt41.jpg?width=2226&format=pjpg&auto=webp&s=f2770899309d92ca6acab5b1c5fdcc76f69778a2
INTRODUCTION
In the world today, there are many upcoming blockchain projects with great potentials, each aiming to bring a change to what we know and see in different systems be it in the healthcare industry, financial industry and so on. It is worthy to know that blockchain technology has contributed a lot to the development of many projects owing to its features such as decentralization, tokenization, use of smart contracts etc. Also, in addition to being based on blockchain, many platforms have different consensus algorithms which are believed by the team to help them in achieving their aim. With this being said, there is a blockchain platform known as LEASEHOLD, which aims to bring a change in the property industry.
https://preview.redd.it/a55t1e0drrt41.jpg?width=2048&format=pjpg&auto=webp&s=4ba13f6477ad66c90a2855688e63d60ddb30531d
A REVIEW ON LEASEHOLD PLATFORM
A review helps many potential investors have a feel or glance of what a particular project or platform is all about, before proceeding to read further via the project's whitepaper etc.
  1. The first and foremost thing to know about Leasehold platform is that it is decentralized that is to say, it is based on blockchain. Leasehold is also a profit-sharing business or platform with the sole purpose of sharing rental income via tokenization brought about by blockchain. In the same way, it is good to know that, the Leasehold platform aims to be a valuable one and to achieve this, sees it fit to ensure their token holders are always comfortable hence the idea of rewards being in the form of buy-back and burn; with this strategy, the Leasehold platform take the acquired profits, buys back its tokens from the market and burn them. In other ways, Leasehold token is a Deflationary token which will continue to be bought and burnt as the platform ensures strict growth policies are followed.
  2. Like earlier stated, there are many blockchain projects with different consensus algorithms such as Proof-of-Stake, Proof-of-Work etc, in the case of Leasehold, it will be based on Delegated Proof-of-Stake (DPOS). This DPOS is of the idea that delegates within the platform can create blocks, these delegates are trusted and as such selected to be active within the platform in addition to the fact they secure the chain while getting their rewards which is strictly based on a good performance.
  3. In the blockchain space today, there is a known issue with most platforms and that is the issue of slow transactions etc, thus to stand out from this, the Leasehold team ensured the platform is written in JavaScript, through this way, allowing for fast processing of all functions and services such as transactions, payments and accounting. Also, to ensure efficient services, the Leasehold platform was forked from Lisk, the aim of this is to run as the first Lisk Side-chain through this way having its own Decentralized Exchange (DEX) thereafter.
  4. Talking about a decentralized exchange, it offers more security because, in the crypto space, there are many exchanges that have been hacked, exit scam with funds as well as closing accounts without reason. Therefore, Leasehold will sure have its own because the team wants to offer a secure, safe, trustworthy and reliable platform for trading of LSH tokens. When trading in Leasehold platform's DEX, there will be no malicious acts but instead a good level of trust and transparency.
  5. Another point as to why Leasehold is worthwhile is the fact that it makes it possible for users to partake in profit-sharing without owning properties physically, nor is there a need to identify themselves. In view of this, Leasehold is working towards taking huge advantages of the tourist industry, everyday living industry etc since it has been proven that booking platforms grow with more than double the users from the previous years. With this move, as a user, there is an opportunity to profit by owning the property, while with Leasehold, everything is simplified leading to owning a portion of profits.
  6. Another wonderful attribute of Leasehold platform is that token holders are carried along in the development of the platform, in this case, they are always presented with updated happenings which includes buy-back details, acquisition of properties etc.
  7. Since security is paramount in Leasehold platform, the team created a hub, which will make it possible for token holders to securely store their tokens in their wallet. This wallet is connected directly to the Leasehold network.
  8. There are many projects already in the crypto space which supports mining and same is the case with Leasehold. Leasehold will have a real-time data pool bearing all the financials of the platform's earnings. It will also display a list of the current buy-back funds which will be used for buy-back and burn purposes.
  9. Currently, many people in the world are limited when it comes to using of cryptocurrencies and this is where tokenization comes to play; that is, with tokenization, many people in the world will be free and able to buy crypto easily. With this in mind, in the Leasehold platform is tokenization as well, with tokenization of LSH tokens, people from all over the world will be able to take part in profit-sharing from the Leasehold short term rental markets. This is profitable because a study has shown that, short term rental markets are now booming all over the world because there is no need putting up large amounts of capital at once, which many individuals do not have or have access to.
  10. There are two methods of property rental in Leasehold platform which is developed to accommodate different types of users; a. Property rental of non-owned apartments: This is a method where the Leasehold team will accept the responsibility of running apartments for homeowners which will be at an agreed amount. In this case, the team will use their marketing strategies and booking system methods to ensure the best of services is offered to homeowners while on the other hand, this will also help Leasehold to acquire constant funding for its buybacks. b. Property rental of owned properties: In this method, the Leasehold team will strive to achieve the maximum amount of returns since all profits will belong to the company at the same time distributed to the buybacks. Furthermore, from the profits made, Leasehold will continue buying property on the open market while renting it out using its specially designed cross-platform method.
  11. Just like there are blockchain platforms which sought for funding before continuing building their platform, same is with Leasehold. The team will carry out 5 stages of ITO’s with the aim of raising enough funding so as to acquire small apartments thus starting the renting process and partner site setups. According to the team, the reason for these stages of ITO is that each stage will allow the Leasehold platform to acquire and set up the working business model that will make the buy-back and burn process possible. The end result of this is, Leasehold will be in a position to be free from cryptocurrencies volatility as well as being far bear markets. Leasehold Initial Token Offering (ITO) has started already and stipulated to end by May 2020. Read more on (ITO). (It is wise to make your own research before investing or participating in any token sale.)
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WHY LEASEHOLD IS WORTHY OF ATTENTION
a. The Leasehold team aims for success thus setting strict growth policies which will make it possible for the platform to always acquire more and more property in its life cycle.
b. By allowing ownership of profits to take place in the property rental industry, Leasehold succeeds in bringing liquidity. To make it more interesting, people can buy and sell the rights to profits without having to pay the unnecessary charges of Deed registration and property acquisition.
c. In the world today, the cryptocurrencies are gaining more attention which is seen in Airbnb now accepting Bitcoin, with this in mind, the Leasehold team believes that more platforms are likely to follow hence creating its very own booking system within the ecosystem that will allow users to book holidays with LSH token.
d. Leasehold platform is all about success and growth and with this in mind, the team has already 4 signed contracts for 4 separate apartments which started this month (April 15th). Not only that, but the team is also on the verge of signing more as time goes by.
e. Leasehold has many partners including; i. Booking.com. ii. Airbnb. iii. NightsBridge. iv. HouseME. v. HomeAway. vi. Bookme. vii. Airdna. Read more on partners.
f. For security sakes, and in order to stand out as well, Leasehold created its own wallet which is available and active on different operating systems such as Windows, Mac etc. Steps; i. Download your desired Leasehold Wallet application from the link. ii. Install. iii. Use the option "Create an account" to create an account. Most importantly, remember to save the passphrase, which will enable you as the owner to be able to access the wallet in the future. iv. Login to have a feel of what the wallet looks like.
g. Leasehold token has the ticker LSH, it was forked from Lisk as well as being the first "Lisk Side-chain off Lisk" with a total supply of 100,000,000. Owing to what Leasehold token is backed by, the tokens will be appropriate for trading, holding and booking apartments in the near future. In the same way, to be transparent as regards its buybacks, the necessary information will be available to the public in the form of e-mail and website updates, through this way, users will be able to keep track of the entire platform's Income.
h. Hardly can anyone invest in what he won't profit from; in the case of Leasehold, the team will use the funds generated for property acquisition this means that there will be a strong profitable business built by the team. With this move by the Leasehold team, token holders will grow together with the platform while profiting as well.
https://preview.redd.it/7fkcmlzgrrt41.jpg?width=1080&format=pjpg&auto=webp&s=c87f07488dc657828ec7da823a4e47b97244e512
TO KNOW MORE ABOUT LEASEHOLD
Join the Telegram Group: https://t.me/Leaseholdchat
Follow on Facebook: https://m.facebook.com/Leasehold-101658667937642/
Follow on Twitter: https://twitter.com/LeaseholdHQ
Website: https://leasehold.io/
Whitepaper: https://leasehold.io/roadmap/?q=whitepaper
Discord: https://discordapp.com/channels/634347439641591819/641699094959489065
GitHub: https://github.com/Leasehold
Wallet: https://leasehold.io/wallet
Explorer: https://explorer.leasehold.io/
Timeline: https://leasehold.io/timeline/
About the team: https://leasehold.io/team/

https://preview.redd.it/j797anhirrt41.png?width=1212&format=png&auto=webp&s=e14925fc39fb3e9fdc371ab896c106d7785f32da
Writer’s Bitcointalk Username: Emmy92
Writer’s Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1329140
submitted by jigsonsaid to Crypto_Investments [link] [comments]

Launch your cryptocurrency exchange website business within 7 days

In this technology world no need introductions for Cryptocurrencies like Bitcoin, Ethereum and Ripple have performed a traditional investment business for all entrepreneurs. A lot of crypto business ideas available for gaining more money than your investment amount.
This is a complete guide for investors, entrepreneurs, and business persons who are all going to start a cryptocurrency exchange website?
Let have a short description about cryptocurrency exchange.

What is a cryptocurrency exchange platform?

A crypto exchange platform is a service for traders where they can buy or sell any type of Cryptocurrencies but the success of exchange charges a commission fee for each transaction.
If you think the building of digital-currency exchange costs too much money?Did It’s taking too much time to launch a website?
We are the sellbitbuy cryptocurrency exchange development company that provides the advanced cryptocurrency exchange script with customized white label solutions.

The revenue model for crypto exchange websites owners

The platform owner will gain money through the trading fee and other sources of income profit like listing fees, affiliated programs, and Dark pool trading, advertisement fees, etc.
Some reasons to develop a Cryptocurrency exchange platform
Simple Launching and running a Crypto exchange platform will be a little complex than another business.
Increase the value of cryptocurrencies will change minutes to minutes.
A huge amount of people are using bitcoin other coins across the world.
The will be little volatility in the cryptocurrency markets Did you think it may affect the business?
When the volatility high or low traders will use the digital asset the owner can able to earn profit from transactions carried out by the users in the platform.
Now the above section can give a brief idea of gaining a revenue more than your investment.
Sellbitbuy offers more different type of script that will help you to build a cryptocurrency exchange platforms.

We have listed some type of digital coins exchange platforms

Centralized Exchanges: These types of exchanges watch through a middle man build with a simple design where anyone can sign up and buy or sell coins. If you need to build you can use our centralized exchange script with cost-effective budget
Peer to Peer Exchanges: These types of exchanges attract an escrow account where the traders don’t get scam from other trades. You can get the peer to peer exchange script with security protocols
Cryptocurrency Brokerage Exchange: In this brokerage exchange website the will be bulk of cryptos transactions will be maintained.
We can give an innovative features cryptocurrency exchange platforms and customized admin panel with 7 days.
You can make research to find out how many days you need to build a cryptocurrency exchange website?
The will a lot of opinion from a different type of cryptocurrency exchange development company
Some will say it takes 30 days or 10 days or even more than 90 days.
If you get the digital-asset exchange platforms with one week?
This is a golden opportunity for a businessman who is willing to start an exchange business.

We follow some strategics to completed our crypto exchange project.

Sellbitbuy is a germane Cryptocurrency exchange development company that will help you to develop your crypto exchange platform at a reasonable cost. The ready-made cryptocurrency exchange script allows you to launch your platform dynamically with rebellious features.
Book a free demo to see a cryptocurrency exchange platform development
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Start learning programming " Here is the best Platforms for you"

Step by step Help for you:
Platforms Node.js Frontend Development iOS Android IoT & Hybrid Apps Electron Cordova React Native Xamarin Linux ContainersOS X Command-Line ScreensaverswatchOS JVM Salesforce Amazon Web Services Windows IPFS Fuse HerokuProgramming Languages JavaScript Promises Standard Style Must Watch Talks Tips Network Layer Micro npm Packages Mad Science npm Packages Maintenance Modules - For npm packages npmAVA - Test runner ESLintSwift Education PlaygroundsPython Rust Haskell PureScript Go Scala Ruby EventsClojure ClojureScript Elixir Elm Erlang Julia Lua C C/C++ R D Common Lisp Perl Groovy Dart JavaRxJava Kotlin OCaml Coldfusion Fortran .NET PHP Delphi Assembler AutoHotkey AutoIt Crystal TypeScriptFront-end Development ES6 Tools Web Performance Optimization Web Tools CSS Critical-Path Tools Scalability Must-Watch Talks ProtipsReact RelayWeb Components Polymer Angular 2 Angular Backbone HTML5 SVG Canvas KnockoutJS Dojo Toolkit Inspiration Ember Android UI iOS UI Meteor BEM Flexbox Web Typography Web Accessibility Material Design D3 Emails jQuery TipsWeb Audio Offline-First Static Website Services A-Frame VR - Virtual reality Cycle.js Text Editing Motion UI Design Vue.js Marionette.js Aurelia Charting Ionic Framework 2 Chrome DevToolsBack-end Development Django Flask Docker Vagrant Pyramid Play1 Framework CakePHP Symfony EducationLaravel EducationRails GemsPhalcon Useful .htaccess Snippets nginx Dropwizard Kubernetes LumenComputer Science University Courses Data Science Machine Learning TutorialsSpeech and Natural Language Processing SpanishLinguistics Cryptography Computer Vision Deep Learning - Neural networks TensorFlowDeep Vision Open Source Society University Functional Programming Static Analysis & Code Quality Software-Defined NetworkingBig Data Big Data Public Datasets Hadoop Data Engineering StreamingTheory Papers We Love Talks Algorithms Algorithm Visualizations Artificial Intelligence Search Engine Optimization Competitive Programming MathBooks Free Programming Books Free Software Testing Books Go Books R Books Mind Expanding Books Book AuthoringEditors Sublime Text Vim Emacs Atom Visual Studio CodeGaming Game Development Game Talks Godot - Game engine Open Source Games Unity - Game engine Chess LÖVE - Game engine PICO-8 - Fantasy consoleDevelopment Environment Quick Look Plugins - OS X Dev Env Dotfiles Shell Command-Line Apps ZSH Plugins GitHub Browser Extensions Cheat SheetGit Cheat Sheet & Git Flow Git Tips Git Add-ons SSH FOSS for DevelopersEntertainment Podcasts Email NewslettersDatabases Database MySQL SQLAlchemy InfluxDB Neo4j Doctrine - PHP ORM MongoDBMedia Creative Commons Media Fonts Codeface - Text editor fonts Stock Resources GIF Music Open Source Documents Audio VisualizationLearn CLI Workshoppers - Interactive tutorials Learn to Program Speaking Tech Videos Dive into Machine Learning Computer HistorySecurity Application Security Security CTF - Capture The Flag Malware Analysis Android Security Hacking Honeypots Incident ResponseContent Management System Umbraco Refinery CMSMiscellaneous JSON Discounts for Student Developers Slack CommunitiesConferences GeoJSON Sysadmin Radio Awesome Analytics Open Companies REST Selenium Endangered Languages Continuous Delivery Services Engineering Free for Developers Bitcoin Answers - Stack Overflow, Quora, etc Sketch - OS X design app Places to Post Your Startup PCAPTools Remote Jobs Boilerplate Projects Readme Tools Styleguides Design and Development Guides Software Engineering Blogs Self Hosted FOSS Production Apps Gulp AMA - Ask Me Anything AnswersOpen Source Photography OpenGL Productivity GraphQL Transit Research Tools Niche Job Boards Data Visualization Social Media Share Links JSON Datasets Microservices Unicode Code Points Internet of Things Beginner-Friendly Projects Bluetooth Beacons Programming Interviews Ripple - Open source distributed settlement network Katas Tools for Activism TAP - Test Anything Protocol Robotics MQTT - "Internet of Things" connectivity protocol Hacking Spots For Girls Vorpal - Node.js CLI framework OKR Methodology - Goal setting & communication best practices Vulkan LaTeX - Typesetting language Network Analysis Economics - An economist's starter kit
Few more resources:
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Continuous Proof of Bitcoin Burn: trust minimized sidechains and bitcoin-pegs w/o oracles/federations today

Original design presented for discussion and criticism
originally posted here: https://bitcointalk.org/index.php?topic=5212814.0
TLDR: Proposing the following that's possible today to use for any existing or new altcoins:
_______________________________________

Disclaimer:

This is not an altcoin thread. I'm not making anything. The design discussed options for existing altcoins and new ways to built on top of Bitcoin inheriting some of its security guarantees. 2 parts: First, the design allows any altcoins to switch to securing themselves via Bitcoin instead of their own PoW or PoS with significant benefits to both altcoins and Bitcoin (and environment lol). Second, I explain how to create Bitcoin-pegged assets to turn altcoins into a Bitcoin sidechain equivalent. Let me know if this is of interest or if it exists, feel free to use or do anything with this, hopefully I can help.

Issue:

Solution to first few points:

PoW altcoin switching to CPoBB would trade:

PoS altcoin switching to CPoBB would trade:

We already have a permissionless, compact, public, high-cost-backed finality base layer to build on top - Bitcoin! It will handle sorting, data availability, finality, and has something of value to use instead of capital or energy that's outside the sidechain - the Bitcoin coins. The sunk costs of PoW can be simulated by burning Bitcoin, similar to concept known as Proof of Burn where Bitcoin are sent to unspendable address. Unlike ICO's, no contributors can take out the Bitcoins and get rewards for free. Unlike PoS, entry into supply lies outside the alt-chain and thus doesn't depend on permission of alt-chain stake-coin holders. It's hard to find a more bandwidth or state size protective blockchain to use other than Bitcoin as well so altcoins can be Bitcoin-aware at little marginal difficulty - 10 years of history fully validates in under a day.

What are typical issues with Proof of Burn?

Solution:

This should be required for any design for it to stay permissionless. Optional is constant fixed emission rate for altcoins not trying to be money if goal is to maximize accessibility. Since it's not depending on brand new PoW for security, they don't have to depend on massive early rewards giving disproportionate fraction of supply at earliest stage either. If 10 coins are created every block, after n blocks, at rate of 10 coins per block, % emission per block is = (100/n)%, an always decreasing number. Sidechain coin doesn't need to be scarce money, and could maximize distribution of control by encouraging further distribution. If no burners exist in a block, altcoin block reward is simply added to next block reward making emission predictable.
Sidechain block content should be committed in burn transaction via a root of the merkle tree of its transactions. Sidechain state will depend on Bitcoin for finality and block time between commitment broadcasts. However, the throughput can be of any size per block, unlimited number of such sidechains can exist with their own rules and validation costs are handled only by nodes that choose to be aware of a specific sidechain by running its consensus compatible software.
Important design decision is how can protocol determine the "true" side-block and how to distribute incentives. Simplest solution is to always :
  1. Agree on the valid sidechain block matching the merkle root commitment for the largest amount of Bitcoin burnt, earliest inclusion in the bitcoin block as the tie breaker
  2. Distribute block reward during the next side-block proportional to current amounts burnt
  3. Bitcoin fee market serves as deterrent for spam submissions of blocks to validate
e.g.
sidechain block reward is set always at 10 altcoins per block Bitcoin block contains the following content embedded and part of its transactions: tx11: burns 0.01 BTC & OP_RETURN tx56: burns 0.05 BTC & OP_RETURN ... <...root of valid sidechain block version 1> ... tx78: burns 1 BTC & OP_RETURN ... <...root of valid sidechain block version 2> ... tx124: burns 0.2 BTC & OP_RETURN ... <...root of INVALID sidechain block version 3> ...
Validity is deterministic by rules in client side node software (e.g. signature validation) so all nodes can independently see version 3 is invalid and thus burner of tx124 gets no reward allocated. The largest valid burn is from tx78 so version 2 is used for the blockchain in sidechain. The total valid burn is 1.06 BTC, so 10 altcoins to be distributed in the next block are 0.094, 0.472, 9.434 to owners of first 3 transactions, respectively.
Censorship attack would require continuous costs in Bitcoin on the attacker and can be waited out. Censorship would also be limited to on-sidechain specific transactions as emission distribution to others CPoB contributors wouldn't be affected as blocks without matching coin distributions on sidechain wouldn't be valid. Additionally, sidechains can allow a limited number of sidechain transactions to happen via embedding transaction data inside Bitcoin transactions (e.g. OP_RETURN) as a way to use Bitcoin for data availability layer in case sidechain transactions are being censored on their network. Since all sidechain nodes are Bitcoin aware, it would be trivial to include.
Sidechain blocks cannot be reverted without reverting Bitcoin blocks or hard forking the protocol used to derive sidechain state. If protocol is forked, the value of sidechain coins on each fork of sidechain state becomes important but Proof of Burn natively guarantees trust minimized and permissionless distribution of the coins, something inferior methods like obscure early distributions, trusted pre-mines, and trusted ICO's cannot do.
More bitcoins being burnt is parallel to more hash rate entering PoW, with each miner or burner getting smaller amount of altcoins on average making it unprofitable to burn or mine and forcing some to exit. At equilibrium costs of equipment and electricity approaches value gained from selling coins just as at equilibrium costs of burnt coins approaches value of altcoins rewarded. In both cases it incentivizes further distribution to markets to cover the costs making burners and miners dependent on users via markets. In both cases it's also possible to mine without permission and mine at a loss temporarily to gain some altcoins without permission if you want to.
Altcoins benefit by inheriting many of bitcoin security guarantees, bitcoin parties have to do nothing if they don't want to, but will see their coins grow more scarce through burning. The contributions to the fee market will contribute to higher Bitcoin miner rewards even after block reward is gone.

Sidechain Bitcoin-pegs:

What is the ideal goal of the sidechains? Ideally to have a token that has the bi-directionally pegged value to Bitcoin and tradeable ~1:1 for Bitcoin that gives Bitcoin users an option of a different rule set without compromising the base chain nor forcing base chain participants to do anything different.
Issues with value pegs:
Let's get rid of the idea of needing Bitcoin collateral to back pegged coins 1:1 as that's never secure, independent, or scalable at same security level. As drive-chain design suggested the peg doesn't have to be fast, can take months, just needs to exist so other methods can be used to speed it up like atomic swaps by volunteers taking on the risk for a fee.
In continuous proof of burn we have another source of Bitcoins, the burnt Bitcoins. Sidechain protocols can require some minor percentage (e.g. 20%) of burner tx value coins via another output to go to reimburse those withdrawing side-Bitcoins to Bitcoin chain until they are filled. If withdrawal queue is empty that % is burnt instead. Selection of who receives reimbursement is deterministic per burner. Percentage must be kept small as it's assumed it's possible to get up to that much discount on altcoin emissions.
Let's use a really simple example case where each burner pays 20% of burner tx amount to cover withdrawal in exact order requested with no attempts at other matching, capped at half amount requested per payout. Example:
withdrawal queue: request1: 0.2 sBTC request2: 1.0 sBTC request3: 0.5 sBTC
same block burners: tx burns 0.8 BTC, 0.1 BTC is sent to request1, 0.1 BTC is sent to request2 tx burns 0.4 BTC, 0.1 BTC is sent to request1 tx burns 0.08 BTC, 0.02 BTC is sent to request 1 tx burns 1.2 BTC, 0.1 BTC is sent to request1, 0.2 BTC is sent to request2
withdrawal queue: request1: filled with 0.32 BTC instead of 0.2 sBTC, removed from queue request2: partially-filled with 0.3 BTC out of 1.0 sBTC, 0.7 BTC remaining for next queue request3: still 0.5 sBTC
Withdrawal requests can either take long time to get to filled due to cap per burn or get overfilled as seen in "request1" example, hard to predict. Overfilling is not a big deal since we're not dealing with a finite source. The risk a user that chooses to use the sidechain pegged coin takes on is based on the rate at which they can expect to get paid based on value of altcoin emission that generally matches Bitcoin burn rate. If sidechain loses interest and nobody is burning enough bitcoin, the funds might be lost so the scale of risk has to be measured. If Bitcoins burnt per day is 0.5 BTC total and you hope to deposit or withdraw 5000 BTC, it might take a long time or never happen to withdraw it. But for amounts comparable or under 0.5 BTC/day average burnt with 5 side-BTC on sidechain outstanding total the risks are more reasonable.
Deposits onto the sidechain are far easier - by burning Bitcoin in a separate known unspendable deposit address for that sidechain and sidechain protocol issuing matching amount of side-Bitcoin. Withdrawn bitcoins are treated as burnt bitcoins for sake of dividing block rewards as long as they followed the deterministic rules for their burn to count as valid and percentage used for withdrawals is kept small to avoid approaching free altcoin emissions by paying for your own withdrawals and ensuring significant unforgeable losses.
Ideally more matching is used so large withdrawals don't completely block everyone else and small withdrawals don't completely block large withdrawals. Better methods should deterministically randomize assigned withdrawals via previous Bitcoin block hash, prioritized by request time (earliest arrivals should get paid earlier), and amount of peg outstanding vs burn amount (smaller burns should prioritize smaller outstanding balances). Fee market on bitcoin discourages doing withdrawals of too small amounts and encourages batching by burners.
The second method is less reliable but already known that uses over-collateralized loans that create a oracle-pegged token that can be pegged to the bitcoin value. It was already used by its inventors in 2014 on bitshares (e.g. bitCNY, bitUSD, bitBTC) and similarly by MakerDAO in 2018. The upside is a trust minimized distribution of CPoB coins can be used to distribute trust over selection of price feed oracles far better than pre-mined single trusted party based distributions used in MakerDAO (100% pre-mined) and to a bit lesser degree on bitshares (~50% mined, ~50% premined before dpos). The downside is 2 fold: first the supply of BTC pegged coin would depend on people opening an equivalent of a leveraged long position on the altcoin/BTC pair, which is hard to convince people to do as seen by very poor liquidity of bitBTC in the past. Second downside is oracles can still collude to mess with price feeds, and while their influence might be limited via capped price changes per unit time and might compromise their continuous revenue stream from fees, the leverage benefits might outweight the losses. The use of continous proof of burn to peg withdrawals is superior method as it is simply a minor byproduct of "mining" for altcoins and doesn't depend on traders positions. At the moment I'm not aware of any market-pegged coins on trust minimized platforms or implemented in trust minimized way (e.g. premined mkr on premined eth = 2 sets of trusted third parties each of which with full control over the design).
_______________________________________

Brief issues with current altchains options:

  1. PoW: New PoW altcoins suffer high risk of attacks. Additional PoW chains require high energy and capital costs to create permissionless entry and trust minimized miners that are forever dependent on markets to hold them accountable. Using same algorithm or equipment as another chain or merge-mining puts you at a disadvantage by allowing some miners to attack and still cover sunk costs on another chain. Using a different algorithm/equipment requires building up the value of sunk costs to protect against attacks with significant energy and capital costs. Drive-chains also require miners to allow it by having to be sidechain aware and thus incur additional costs on them and validating nodes if the sidechain rewards are of value and importance.
  2. PoS: PoS is permissioned (requires permission from internal party to use network or contribute to consensus on permitted scale), allows perpetual control without accountability to others, and incentivizes centralization of control over time. Without continuous source of sunk costs there's no reason to give up control. By having consensus entirely dependent on internal state network, unlike PoW but like private databases, cannot guarantee independent permissionless entry and thus cannot claim trust minimization. Has no built in distribution methods so depends on safe start (snapshot of trust minimized distributions or PoW period) followed by losing that on switch to PoS or starting off dependent on a single trusted party such as case in all significant pre-mines and ICO's.
  3. Proof of Capacity: PoC is just shifting costs further to capital over PoW to achieve same guarantees.
  4. PoW/PoS: Still require additional PoW chain creation. Strong dependence on PoS can render PoW irrelevant and thus inherit the worst properties of both protocols.
  5. Tokens inherit all trust dependencies of parent blockchain and thus depend on the above.
  6. Embedded consensus (counterparty, veriblock?, omni): Lacks mechanism for distribution, requires all tx data to be inside scarce Bitcoin block space so high cost to users instead of compensated miners. If you want to build a very expressive scripting language, might very hard & expensive to fit into Bitcoin tx vs CPoBB external content of unlimited size in a committed hash. Same as CPoBB is Bitcoin-aware so can respond to Bitcoin being sent but without source of Bitcoins like burning no way to do any trust minimized Bitcoin-pegs it can control fully.

Few extra notes from my talks with people:

Main questions to you:

open to working on this further with others
submitted by awasi868 to CryptoTechnology [link] [comments]

[TASK] $20/day - Supervise and occasionally harass a chronic procrastinator

Oh god please stop! So many!

This is edited copypasta of my request from a while ago. The result of that was that it worked well for a while, so I am back for more.

Looking for someone who, ideally, spends all day at a computer, doing something easy / boring.

I do "computer stuff" for a living, and my job doesn't have much oversight, so I've been developing a lot of bad habits. It's totally out of control - I am at work 10-12 hours a day and spend the whole time screwing around online, promising myself that I'll get started in five minutes. I'm very competent when working, but most weeks I spend literally <2hr on task. If you want to indulge in my self-loathing, look through my post history.
What I need is basically a babysittesupervisor over my shoulder (virtually). I'm in the EST/EDT time zone, work M-F, and have flextime: averaging a 09:00-17:00 job but many days being a couple hours long/short. That said, if you can squeeze 4 hours of no-BS work out of me in a day, that's a win. I need someone to keep an eye on my work and ask me if anything looks suspicious, or I'm AFK for a while, have a basic idea of what I'm working on. I'll be sending frequent updates (10-30 min apart) on how stuff is going, with screenshots a good percentage of the time to prevent me from bullshitting you. Basically, you stay on top of me like those annoying micromanaging bosses that everyone hates. Harassment is done over IM - I'm flexible on which one.
Payment: $20/day - PayPal, bitcoins, dogecoins, paper check in the mail, I'll accommodate you. If you want help with learning or doing something related to programming, linux, spreadsheets, k8s/containerization, I'll throw that in for free*. Don't bother offering <$20 - in my experience it needs to be worth a chunk to both you and me so that you give a shit about the task, and I am slightly pained by the expenditure, but not so much that I want to lie and fake success early.
Preferences: The more miserable your life, and the more you need that $20/day, the better. I used to be the guy on the other side - too much screen time, need a tiny bit of money, don't want real job.
Multiple offers: Last time I offered $10 and still got too many bids. Just give a brief description of your circumstances, I'm gonna pick five people, if you don't get a response by midnight EST then it's a no. For the five people, I'll arrange them in random order, and do paid test days. Once I get a competent match (about ½ - ⅓ of applicants in my experience), I'll "hire" them cancel those still waiting, =\ sorry.
PM me if you're game, or comment to ask for additional information. I'll close and update this post when I get 5 PMs that seem promising.
\) On two occasions I've spent all night helping an acquaintance get their final project in CS101 from garbage code to mostly-working. One of my previous paid accountability supervisors traded a couple of free days to debug some problems with apache2 and, IIRC, a php script. But if you just need like, 45 min of help every now and then, we can bang it out, no need to sacrifice your money.
submitted by lazy-fuckhead to slavelabour [link] [comments]

⚡ Lightning Network Megathread ⚡

Last updated 2018-01-29
This post is a collaboration with the Bitcoin community to create a one-stop source for Lightning Network information.
There are still questions in the FAQ that are unanswered, if you know the answer and can provide a source please do so!

⚡What is the Lightning Network? ⚡

Explanations:

Image Explanations:

Specifications / White Papers

Videos

Lightning Network Experts on Reddit

  • starkbot - (Elizabeth Stark - Lightning Labs)
  • roasbeef - (Olaoluwa Osuntokun - Lightning Labs)
  • stile65 - (Alex Akselrod - Lightning Labs)
  • cfromknecht - (Conner Fromknecht - Lightning Labs)
  • RustyReddit - (Rusty Russell - Blockstream)
  • cdecker - (Christian Decker - Blockstream)
  • Dryja - (Tadge Dryja - Digital Currency Initiative)
  • josephpoon - (Joseph Poon)
  • fdrn - (Fabrice Drouin - ACINQ )
  • pmpadiou - (Pierre-Marie Padiou - ACINQ)

Lightning Network Experts on Twitter

  • @starkness - (Elizabeth Stark - Lightning Labs)
  • @roasbeef - (Olaoluwa Osuntokun - Lightning Labs)
  • @stile65 - (Alex Akselrod - Lightning Labs)
  • @bitconner - (Conner Fromknecht - Lightning Labs)
  • @johanth - (Johan Halseth - Lightning Labs)
  • @bvu - (Bryan Vu - Lightning Labs)
  • @rusty_twit - (Rusty Russell - Blockstream)
  • @snyke - (Christian Decker - Blockstream)
  • @JackMallers - (Jack Mallers - Zap)
  • @tdryja - (Tadge Dryja - Digital Currency Initiative)
  • @jcp - (Joseph Poon)
  • @alexbosworth - (Alex Bosworth - yalls.org)

Medium Posts

Learning Resources

Books

Desktop Interfaces

Web Interfaces

Tutorials and resources

Lightning on Testnet

Lightning Wallets

Place a testnet transaction

Altcoin Trading using Lightning

  • ZigZag - Disclaimer You must trust ZigZag to send to Target Address

Lightning on Mainnet

Warning - Testing should be done on Testnet

Atomic Swaps

Developer Documentation and Resources

Lightning implementations

  • LND - Lightning Network Daemon (Golang)
  • eclair - A Scala implementation of the Lightning Network (Scala)
  • c-lightning - A Lightning Network implementation in C
  • lit - Lightning Network node software (Golang)
  • lightning-onion - Onion Routed Micropayments for the Lightning Network (Golang)
  • lightning-integration - Lightning Integration Testing Framework
  • ptarmigan - C++ BOLT-Compliant Lightning Network Implementation [Incomplete]

Libraries

Lightning Network Visualizers/Explorers

Testnet

Mainnet

Payment Processors

  • BTCPay - Next stable version will include Lightning Network

Community

Slack

IRC

Slack Channel

Discord Channel

Miscellaneous

⚡ Lightning FAQs ⚡

If you can answer please PM me and include source if possible. Feel free to help keep these answers up to date and as brief but correct as possible
Is Lightning Bitcoin?
Yes. You pick a peer and after some setup, create a bitcoin transaction to fund the lightning channel; it’ll then take another transaction to close it and release your funds. You and your peer always hold a bitcoin transaction to get your funds whenever you want: just broadcast to the blockchain like normal. In other words, you and your peer create a shared account, and then use Lightning to securely negotiate who gets how much from that shared account, without waiting for the bitcoin blockchain.
Is the Lightning Network open source?
Yes, Lightning is open source. Anyone can review the code (in the same way as the bitcoin code)
Who owns and controls the Lightning Network?
Similar to the bitcoin network, no one will ever own or control the Lightning Network. The code is open source and free for anyone to download and review. Anyone can run a node and be part of the network.
I’ve heard that Lightning transactions are happening “off-chain”…Does that mean that my bitcoin will be removed from the blockchain?
No, your bitcoin will never leave the blockchain. Instead your bitcoin will be held in a multi-signature address as long as your channel stays open. When the channel is closed; the final transaction will be added to the blockchain. “Off-chain” is not a perfect term, but it is used due to the fact that the transfer of ownership is no longer reflected on the blockchain until the channel is closed.
Do I need a constant connection to run a lightning node?
Not necessarily,
Example: A and B have a channel. 1 BTC each. A sends B 0.5 BTC. B sends back 0.25 BTC. Balance should be A = 0.75, B = 1.25. If A gets disconnected, B can publish the first Tx where the balance was A = 0.5 and B = 1.5. If the node B does in fact attempt to cheat by publishing an old state (such as the A=0.5 and B=1.5 state), this cheat can then be detected on-chain and used to steal the cheaters funds, i.e., A can see the closing transaction, notice it's an old one and grab all funds in the channel (A=2, B=0). The time that A has in order to react to the cheating counterparty is given by the CheckLockTimeVerify (CLTV) in the cheating transaction, which is adjustable. So if A foresees that it'll be able to check in about once every 24 hours it'll require that the CLTV is at least that large, if it's once a week then that's fine too. You definitely do not need to be online and watching the chain 24/7, just make sure to check in once in a while before the CLTV expires. Alternatively you can outsource the watch duties, in order to keep the CLTV timeouts low. This can be achieved both with trusted third parties or untrusted ones (watchtowers). In the case of a unilateral close, e.g., you just go offline and never come back, the other endpoint will have to wait for that timeout to expire to get its funds back. So peers might not accept channels with extremely high CLTV timeouts. -- Source
What Are Lightning’s Advantages?
Tiny payments are possible: since fees are proportional to the payment amount, you can pay a fraction of a cent; accounting is even done in thousandths of a satoshi. Payments are settled instantly: the money is sent in the time it takes to cross the network to your destination and back, typically a fraction of a second.
Does Lightning require Segregated Witness?
Yes, but not in theory. You could make a poorer lightning network without it, which has higher risks when establishing channels (you might have to wait a month if things go wrong!), has limited channel lifetime, longer minimum payment expiry times on each hop, is less efficient and has less robust outsourcing. The entire spec as written today assumes segregated witness, as it solves all these problems.
Can I Send Funds From Lightning to a Normal Bitcoin Address?
No, for now. For the first version of the protocol, if you wanted to send a normal bitcoin transaction using your channel, you have to close it, send the funds, then reopen the channel (3 transactions). In future versions, you and your peer would agree to spend out of your lightning channel funds just like a normal bitcoin payment, allowing you to use your lightning wallet like a normal bitcoin wallet.
Can I Make Money Running a Lightning Node?
Not really. Anyone can set up a node, and so it’s a race to the bottom on fees. In practice, we may see the network use a nominal fee and not change very much, which only provides an incremental incentive to route on a node you’re going to use yourself, and not enough to run one merely for fees. Having clients use criteria other than fees (e.g. randomness, diversity) in route selection will also help this.
What is the release date for Lightning on Mainnet?
Lightning is already being tested on the Mainnet Twitter Link but as for a specific date, Jameson Lopp says it best
Would there be any KYC/AML issues with certain nodes?
Nope, because there is no custody ever involved. It's just like forwarding packets. -- Source
What is the delay time for the recipient of a transaction receiving confirmation?
Furthermore, the Lightning Network scales not with the transaction throughput of the underlying blockchain, but with modern data processing and latency limits - payments can be made nearly as quickly as packets can be sent. -- Source
How does the lightning network prevent centralization?
Bitcoin Stack Exchange Answer
What are Channel Factories and how do they work?
Bitcoin Stack Exchange Answer
How does the Lightning network work in simple terms?
Bitcoin Stack Exchange Answer
How are paths found in Lightning Network?
Bitcoin Stack Exchange Answer
How would the lightning network work between exchanges?
Each exchange will get to decide and need to implement the software into their system, but some ideas have been outlined here: Google Doc - Lightning Exchanges
Note that by virtue of the usual benefits of cost-less, instantaneous transactions, lightning will make arbitrage between exchanges much more efficient and thus lead to consistent pricing across exchange that adopt it. -- Source
How do lightning nodes find other lightning nodes?
Stack Exchange Answer
Does every user need to store the state of the complete Lightning Network?
According to Rusty's calculations we should be able to store 1 million nodes in about 100 MB, so that should work even for mobile phones. Beyond that we have some proposals ready to lighten the load on endpoints, but we'll cross that bridge when we get there. -- Source
Would I need to download the complete state every time I open the App and make a payment?
No you'd remember the information from the last time you started the app and only sync the differences. This is not yet implemented, but it shouldn't be too hard to get a preliminary protocol working if that turns out to be a problem. -- Source
What needs to happen for the Lightning Network to be deployed and what can I do as a user to help?
Lightning is based on participants in the network running lightning node software that enables them to interact with other nodes. This does not require being a full bitcoin node, but you will have to run "lnd", "eclair", or one of the other node softwares listed above.
All lightning wallets have node software integrated into them, because that is necessary to create payment channels and conduct payments on the network, but you can also intentionally run lnd or similar for public benefit - e.g. you can hold open payment channels or channels with higher volume, than you need for your own transactions. You would be compensated in modest fees by those who transact across your node with multi-hop payments. -- Source
Is there anyway for someone who isn't a developer to meaningfully contribute?
Sure, you can help write up educational material. You can learn and read more about the tech at http://dev.lightning.community/resources. You can test the various desktop and mobile apps out there (Lightning Desktop, Zap, Eclair apps). -- Source
Do I need to be a miner to be a Lightning Network node?
No -- Source
Do I need to run a full Bitcoin node to run a lightning node?
lit doesn't depend on having your own full node -- it automatically connects to full nodes on the network. -- Source
LND uses a light client mode, so it doesn't require a full node. The name of the light client it uses is called neutrino
How does the lightning network stop "Cheating" (Someone broadcasting an old transaction)?
Upon opening a channel, the two endpoints first agree on a reserve value, below which the channel balance may not drop. This is to make sure that both endpoints always have some skin in the game as rustyreddit puts it :-)
For a cheat to become worth it, the opponent has to be absolutely sure that you cannot retaliate against him during the timeout. So he has to make sure you never ever get network connectivity during that time. Having someone else also watching for channel closures and notifying you, or releasing a canned retaliation, makes this even harder for the attacker. This is because if he misjudged you being truly offline you can retaliate by grabbing all of its funds. Spotty connections, DDoS, and similar will not provide the attacker the necessary guarantees to make cheating worthwhile. Any form of uncertainty about your online status acts as a deterrent to the other endpoint. -- Source
How many times would someone need to open and close their lightning channels?
You typically want to have more than one channel open at any given time for redundancy's sake. And we imagine open and close will probably be automated for the most part. In fact we already have a feature in LND called autopilot that can automatically open channels for a user.
Frequency will depend whether the funds are needed on-chain or more useful on LN. -- Source
Will the lightning network reduce BTC Liquidity due to "locking-up" funds in channels?
Stack Exchange Answer
Can the Lightning Network work on any other cryptocurrency? How?
Stack Exchange Answer
When setting up a Lightning Network Node are fees set for the entire node, or each channel when opened?
You don't really set up a "node" in the sense that anyone with more than one channel can automatically be a node and route payments. Fees on LN can be set by the node, and can change dynamically on the network. -- Source
Can Lightning routing fees be changed dynamically, without closing channels?
Yes but it has to be implemented in the Lightning software being used. -- Source
How can you make sure that there will be routes with large enough balances to handle transactions?
You won't have to do anything. With autopilot enabled, it'll automatically open and close channels based on the availability of the network. -- Source
How does the Lightning Network stop flooding nodes (DDoS) with micro transactions? Is this even an issue?
Stack Exchange Answer

Unanswered Questions

How do on-chain fees work when opening and closing channels? Who pays the fee?
How does the Lightning Network work for mobile users?
What are the best practices for securing a lightning node?
What is a lightning "hub"?
How does lightning handle cross chain (Atomic) swaps?

Special Thanks and Notes

  • Many links found from awesome-lightning-network github
  • Everyone who submitted a question or concern!
  • I'm continuing to format for an easier Mobile experience!
submitted by codedaway to Bitcoin [link] [comments]

Gerald Cotten, aka Sceptre

Gerald Cotten, aka Sceptre
Using a variety of OSINT tools and research, we're going to demonstrate the chain of evidence confirming that Gerald Cotten, QuadrigaCX CEO, was also known as "Sceptre" online.

Let's start with the gerryenterprises.com name servers. Gerryenterprises.com was a domain registered by Cotten and used for custom name servers for a variety of domains. Using your own name servers instead of relatively inexpensive and powerful 3rd-party options (such as Cloudflare, which QuadrigaCX used) suggests you have other motives in mind, and perhaps obscuring or obfuscating logs attached to your domain/s were amongst them.

Using Domain Research Suite (paid sub required) we can trace all domains that ever used ns1.gerryenterprises.com as a name server. You can verify this for yourself.

https://preview.redd.it/xfsf1fk98xt21.png?width=2100&format=png&auto=webp&s=2a555e9ae07081269e5a5c9791e3a3fdd481e2ae
This search turns up a number of interesting domains, and one in particular - the "contentbysceptre.com" domain, which we can link to a post on BlackHatWorld, along with other data points from other domain research.

Let's have a closer look at some of those domains:

https://preview.redd.it/uavml56y8xt21.png?width=2100&format=png&auto=webp&s=b37d9dad06bd11f1af3f0e4d8c5ec8a545c2c572
OK, so they have all clearly been registered to Gerald Cotten.

Let's take a closer look at the BlackHatWorld posts and profile:
https://preview.redd.it/8wuhj4s29xt21.png?width=2100&format=png&auto=webp&s=9a84e85f4ef9b395453485d2bc5fce385b1fd4cd

From this we can deduce the following:

  1. Cotten registered and ran the gerryenterprises.com name servers, both for his own domains and a number of friends and associateds, such as:
    1. Patryn (vfs-securities.com, michaelpatryn.com)
    2. Christine Lako, his ex-girlfriend (schnugglebunny.com)
    3. Nicky Correa, his friend (nickycorrea.com, studioimpression.com)
  2. He also ran a number of his own domains through this server, such as:
    1. Allergictocorn.com
    2. Barbara-corcoran.com
    3. Canadian-airport-guide.com
    4. Cooltripbro.com
    5. Hide-your-ip.org
    6. Howdoihidemyip.com
    7. Etc. and many others
  3. From other research and domain analysis, we know Cotten had a number of “Sceptre” email addresses, including
    1. [[email protected]](mailto:[email protected])
    2. [[email protected]](mailto:[email protected])
    3. [[email protected]](mailto:[email protected])
    4. [[email protected]](mailto:[email protected])
  4. These email addresses were used on domain registrations, forums, payment processors, and a variety of services linking back to Gerald Cotten (more on this later)
  5. Given the preponderance of inexpensive, cheap and more powerful options for name servers (such as Cloudflare, which was used by QuadrigaCX), and Cotten’s preoccupation with security, using proxy services and hiding his IP we can assume this would have been primarily for security reasons
  6. Cotten used the “contentbysceptre.com” domain in connection with his “Sceptre’s Spectacular Content Services” on BlackHatWorld
  7. Cotten posted an advertisement on Blackhatworld for a programmer for a “Website like Bitstamp”, which was just a few months prior to launching QuadrigaCX in December 2013. It’s a short timeframe but we know it fits because QuadrigaCX uses the generic WLOX exchange script, which dramatically reduces the work required to build a crypto exchange (Note: we didn’t say a great crypto exchange). This is mentioned in a post on coinforum.ca where user @yerofeyev admits that another exchange, Taurs (founded with PATRYN, mentioned earlier) uses Quadriga code based on WLOX. Strangely that thread is no longer accessible (https://coinforum.ca/discussion/2448/taurs-soft-launch) as the whole coinforum.ca website has been mysteriously shut down in the last few days
  8. Cotten posted a number of threads asking for advice on how to monetise his network of sites, includijg the aforementioned proxy sites, and his celebrity news sites, including celebritydaily.net. Here’s the link to that post as well “BHW - Hiring Celebrity Article Writer”
  9. Cotten’s profile on BlackHatWorld was initially Sceptre and later changed to “Murodch1337” , perhaps after QuadrigaCX began to become popular and he realised he might need to conceal links to his past. Link to Cottens BlackHatWorld profile here: https://www.blackhatworld.com/members/murdoch1337.273596/
  10. Patryn was also active on BlackHatWorld, and posted to the following thread “10K budget need suggestions on passive income streams - help”, suggesting “HYIPs are investment scams promising returns of 5-20% weekly, generally.” You can view that thread here: https://www.blackhatworld.com/seo/10k-budget-need-suggestions-on-passive-income-streams-help.548790/page-4
  11. We know form other research and analysis that both Sceptre and Patryn were highly active in the HYIP/Ponzi/exchanger space (more on this later)
  12. In conclusion, we believe that Gerald Cotten, QuadrigaCX CEO, was known as "Sceptre" on BlackHatWorld and other sites.

This has been a QCXINT release. If you have more information regarding QuadrigaCX, Michael Patryn (aka Omar Patryn, Omar Dhanini, Voleur), Gerald Cotten (aka Sceptre), please send to [[email protected]](mailto:[email protected]) . Your submission will be 100% confidential.

Update 23/04: Reddit dropped the entire post whilst editing so it had to be re-uploaded.
  1. Added link to Freelancer post by Cotten: https://www.freelancer.com/projects/bitcoin-related-project/ showing his skype (gerrywc) and "Sceptre" email ([[email protected]](mailto:[email protected]))
  2. There is also a crosspost for the "Bitstamp clone" BHW post here: https://www.freelancer.com/projects/PHP-Website-Design/Bitstamp-Clone-Bitcoin-Trading-Platform/ using exactly the same text.
  3. This further confirms that Gerald Cotten was the poster on Freelancer (as he includes his Skype and email address) and Sceptre/Murdoch1337 on BlackHatWorld

https://preview.redd.it/f0hyq9o7axt21.jpg?width=1233&format=pjpg&auto=webp&s=c019aca89823c78717a5345d17194d7f1c14fceb
submitted by QCXINT to QuadrigaCX2 [link] [comments]

/r/Bitcoin FAQ - Newcomers please read

Welcome to the /Bitcoin Sticky FAQ

You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments.
The following videos are a good starting point for understanding how bitcoin works and a little about its long term potential:
For some more great introductory videos check out Andreas Antonopoulos's YouTube playlists, he is probably the best bitcoin educator out there today. Also have to give mention to James D'Angelo's Bitcoin 101 Blackboard series. Lots of additional video resources can be found at the videos wiki page or /BitcoinTV.
Key properties of bitcoin
Some excellent writing on Bitcoin's value proposition and future can be found here. Bitcoin statistics can be found here, here and here. Developer resources can be found here and here. Peer-reviewed research papers can be found here. The number of times Bitcoin was declared dead by the media can be found here. Scaling resources here, and of course the whitepaper that started it all.

Where can I buy bitcoins?

BuyBitcoinWorldwide.com and Howtobuybitcoin.io are helpful sites for beginners. You can buy or sell any amount of bitcoin and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, also, check out the bitcoinity exchange resources for a larger list of options for purchases.
Bank Transfer Credit / Debit card Cash
Coinbase Coinbase LocalBitcoins
Gemini Bitstamp LibertyX
GDAX Bitit Mycelium LocalTrader
Bitstamp Cex.io BitQuick
Kraken CoinMama WallofCoins
Xapo BitcoinOTC
Cex.io
itBit
Bitit
Bitsquare
Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Cashila or Bitwage.
Note: Bitcoins are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Preev is a useful site that that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google "1 bitcoin in (your local currency)".

Securing your bitcoins

With bitcoin you can "Be your own bank" and personally secure your bitcoins OR you can use third party companies aka "Bitcoin banks" which will hold the bitcoins for you.
Android iOs Desktop
Mycelium BreadWallet Electrum
CoPay AirBitz Armory
Another interesting use case for physical storage/transfer is the Opendime. Opendime is a small USB stick that allows you to spend Bitcoin by physically passing it along so it's anonymous and tangible like cash.
Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email!
2FA requires a second confirmation code to access your account, usually from a text message or app, making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.
Google Auth Authy
Android Android
iOS iOS

Where can I spend bitcoins?

A more comprehensive list can be found at the Trade FAQ but some more commons ones are below.
Store Product
Gyft Gift cards for hundreds of retailers including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.
Steam, HumbleBundle, Games Planet, itch.io, g2g and kinguin For when you need to get your game on
Microsoft Xbox games, phone apps and software
Spendabit, The Bitcoin Shop, Overstock, DuoSearch, The Bitcoin Directory and BazaarBay Retail shopping with millions of results
ShakePay Generate one time use Visa cards in seconds
NewEgg and Dell For all your electronics needs
Cashila, Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, Pey.de, LivingRoomofSatoshi, Hyphen.to, Coinsfer, GetPaidinBitcoin, Coins.co.th, More #1, #2 Bill payment
Foodler, Menufy, Takeaway, Thuisbezorgd NL, Pizza For Coins Takeout delivered to your door!
Expedia, Cheapair, Lot, Destinia, BTCTrip, Abitsky, SkyTours, Fluege the Travel category on Gyft and 9flats For when you need to get away
BoltVM, BitHost VPS service
Cryptostorm, Mullvad, and PIA VPN services
Namecheap, Porkbun For new domain name registration
Stampnik and GetUSPS Discounted USPS Priority, Express, First-Class mail postage
Reddit Gold Premium membership which can be gifted to others
Coinmap, 99Bitcoins and AirBitz are helpful to find local businesses accepting bitcoins. A good resource for UK residents is at wheretospendbitcoins.co.uk.
There are also lots of charities which accept bitcoin donations, such as Wikipedia, Red Cross, Amnesty International, United Way, ACLU and the EFF. You can find a longer list here.

Merchant Resources

There are several benefits to accepting bitcoin as a payment option if you are a merchant;
If you are interested in accepting bitcoin as a payment method, there are several options available;

Can I mine bitcoin?

Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The crew at /BitcoinMining would be happy to help you out.
If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node using this setup guide. Bitseed is an easy option for getting set up. You can view the global node distribution here.

Earning bitcoins

Just like any other form of money, you can also earn bitcoins by being paid to do a job.
Site Description
WorkingForBitcoins, Bitwage, XBTfreelancer, Cryptogrind, Bitlancerr, Coinality, Bitgigs, /Jobs4Bitcoins, Rein Project Freelancing
OpenBazaar, Purse.io, Bitify, /Bitmarket, 21 Market Marketplaces
Watchmybit, Streamium.io, OTika.tv, XOtika.tv NSFW, /GirlsGoneBitcoin NSFW Video Streaming
Bitasker, BitforTip, WillPayCoin Tasks
Supload.com, SatoshiBox, JoyStream, File Army File/Image Sharing
CoinAd, A-ads, Coinzilla.io Advertising
You can also earn bitcoins by participating as a market maker on JoinMarket by allowing users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins)

Bitcoin Projects

The following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the bitcoin space.
Project Description
Lightning Network, Amiko Pay, and Strawpay Payment channels for network scaling
Blockstream and Drivechain Sidechains
21, Inc. Open source library for the machine payable web
ShapeShift.io Trade between bitcoins and altcoins easily
Open Transactions, Counterparty, Omni, Open Assets, Symbiont and Chain Financial asset platforms
Hivemind and Augur Prediction markets
Mirror Smart contracts
Mediachain Decentralized media library
Tierion and Factom Records & Titles on the blockchain
BitMarkets, DropZone, Beaver and Open Bazaar Decentralized markets
Samourai and Dark Wallet - abandoned Privacy-enhancing wallets
JoinMarket CoinJoin implementation (Increase privacy and/or Earn interest on bitcoin holdings)
Coinffeine and Bitsquare Decentralized bitcoin exchanges
Keybase and Bitrated Identity & Reputation management
Bitmesh and Telehash Mesh networking
JoyStream BitTorrent client with paid seeding
MORPHiS Decentralized, encrypted internet
Storj and Sia Decentralized file storage
Streamium and Faradam Pay in real time for on-demand services
Abra Global P2P money transmitter network
bitSIM PIN secure hardware token between SIM & Phone
Identifi Decentralized address book w/ ratings system
Coinometrics Institutional-level Bitcoin Data & Research
Blocktrail and BitGo Multisig bitcoin API
Bitcore Open source Bitcoin javascript library
Insight Open source blockchain API
Leet Kill your friends and take their money ;)

Bitcoin Units

One Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:
Unit Symbol Value Info
millibitcoin mBTC 1,000 per bitcoin SI unit for milli i.e. millilitre (mL) or millimetre (mm)
microbitcoin μBTC 1,000,000 per bitcoin SI unit for micro i.e microlitre (μL) or micrometre (μm)
bit bit 1,000,000 per bitcoin Colloquial "slang" term for microbitcoin
satoshi sat 100,000,000 per bitcoin Smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $500 for one Bitcoin, a $10 meal would equal:
For more information check out the Bitcoin units wiki.
Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit. A complete list of bitcoin related subreddits can be found here
Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval.
Welcome to the Bitcoin community and the new decentralized economy!
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