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Bitcoin Newcomers FAQ - 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.
It all started with the release of the release of Satoshi Nakamoto's whitepaper however that will probably go over the head of most readers so we recommend the following videos for a good starting point for understanding how bitcoin works and a little about its long term potential:
Some other great resources include Lopp.net, the Princeton crypto series and James D'Angelo's Bitcoin 101 Blackboard series.
Some excellent writing on Bitcoin's value proposition and future can be found at the Satoshi Nakamoto Institute.
Some Bitcoin statistics can be found here and here. Developer resources can be found here. Peer-reviewed research papers can be found here.
Potential upcoming protocol improvements and scaling resources here and here.
The number of times Bitcoin was declared dead by the media can be found here (LOL!)

Key properties of Bitcoin

Where can I buy bitcoins?

Bitcoin.org and BuyBitcoinWorldwide.com are helpful sites for beginners. You can buy or sell any amount of bitcoin (even just a few dollars worth) 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.
Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use 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.
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 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 OTP Auth
Android Android N/A
iOS iOS iOS

Watch out for scams

As mentioned above, Bitcoin is decentralized, which by definition means there is no official website or Twitter handle or spokesperson or CEO. However, all money attracts thieves. This combination unfortunately results in scammers running official sounding names or pretending to be an authority on YouTube or social media. Many scammers throughout the years have claimed to be the inventor of Bitcoin. Websites like bitcoin(dot)com and the btc subreddit are active scams. Almost all altcoins (shitcoins) are marketed heavily with big promises but are really just designed to separate you from your bitcoin. So be careful: any resource, including all linked in this document, may in the future turn evil. Don't trust, verify. Also as they say in our community "Not your keys, not your coins".

Where can I spend bitcoins?

Check out spendabit or bitcoin directory for millions of merchant options. Also you can spend bitcoin anywhere visa is accepted with bitcoin debit cards such as the CashApp card. Some other useful site are listed 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.
Spendabit, Overstock and The Bitcoin Directory Retail shopping with millions of results
ShakePay Generate one time use Visa cards in seconds
NewEgg and Dell For all your electronics needs
Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, LivingRoomofSatoshi, Coinsfer, and more Bill payment
Menufy, Takeaway and Thuisbezorgd NL Takeout delivered to your door
Expedia, Cheapair, Destinia, Abitsky, SkyTours, the Travel category on Gyft and 9flats For when you need to get away
Cryptostorm, Mullvad, and PIA VPN services
Namecheap, Porkbun Domain name registration
Stampnik Discounted USPS Priority, Express, First-Class mail postage
Coinmap 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.

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. If you would prefer to keep it simple there are several good options. 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, Cryptogrind, Coinality, Bitgigs, /Jobs4Bitcoins, BitforTip, Rein Project Freelancing
Lolli Earn bitcoin when you shop online!
OpenBazaar, Purse.io, Bitify, /Bitmarket, 21 Market Marketplaces
/GirlsGoneBitcoin NSFW Adult services
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-Related 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 Second layer scaling
Blockstream, Rootstock and Drivechain Sidechains
Hivemind and Augur Prediction markets
Tierion and Factom Records & Titles on the blockchain
BitMarkets, DropZone, Beaver and Open Bazaar Decentralized markets
JoinMarket and Wasabi Wallet CoinJoin implementation
Coinffeine and Bisq Decentralized bitcoin exchanges
Keybase Identity & Reputation management
Abra Global P2P money transmitter network
Bitcore Open source Bitcoin javascript library

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
bitcoin BTC 1 bitcoin one bitcoin is equal to 100 million satoshis
millibitcoin mBTC 1,000 per bitcoin used as default unit in recent Electrum wallet releases
bit bit 1,000,000 per bitcoin colloquial "slang" term for microbitcoin (μBTC)
satoshi sat 100,000,000 per bitcoin smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $10000 for one Bitcoin, a $10 meal would equal:
For more information check out the Bitcoin units wiki.
Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit.
Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval.
Welcome to the Bitcoin community and the new decentralized economy!
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Decentr ($DEC) - foundational cross-chain and cross-platform DeFi protocol

  1. SUMMARY
Decentr is a protocol designed to make blockchain/DLT mainstream by allowing DeFi applications built on various blockchains to “talk to each other”. Decentr is a 100% secure and decentralised Web 3.0 protocol where users can apply PDV (personal data value) to increase APR on $DEC that users loan out as part of of our DeFi dLoan features, as well as it being applied at PoS when paying for stuff online. Decentr is also building a BAT competitor browser and Chrome/Firefox extension that acts as a gateway to 100% decentralised Web 3.0
Allows DeFi Dapps to access all Decentr’s dFintech features, including dLoan, dPay. Key innovation is that the protocols is based on a user’s ability to leverage the value of their data as exchangeable “currency”.
  1. KEY CONCEPTS

  1. REVENUE MODEL
A fee is charged for every transaction using dPay whereby an exchange takes place between money (fiat and digital) and data, and vice versa, either as part of DeFi features or via a dApp built on Decentr. They are launching pilot programmes in the following industries:
  1. Banking/PSP Industry: On Product launch, due to Decentr’s powerful PSP connections (including the worlds #2 PSP by volume), a medium-scale pilot program will be launched, which will seed the network with 150,000 PSP customers in primarily the Spanish/LAC markets, generating revenue from day one.
  2. “Bricks and Mortar” Supermarket/Grocery Industry: Decentr aims to ensure the long-term competitiveness of “bricks and mortar” supermarkets against online-only grocery retailers, such as Amazon, by a) building secure tech that allows supermarkets to digitise every aspect of their supply chains and operational functions, while b) allowing supermarkets to leverage this incredibly valuable data as a liquid asset class. Expected revenue by Year 5: $114Mn per year.
  3. Online Advertising Industry: Decentr’s 100% decentralised platform credits users secure data with payable value, in the form of PDV, for engaging with ads. The Brave browser was launched in 2012 and in 8 years has reached over 12 million monthly active users, accented by as many as 4.3 million daily active users.
  4. TOKEN $DEC AND SALE
Decentr recently complete their token sale on a purchase portal powered by Dolomite where they raised $974,000 in 10 minutes for a total sale hardcap of 1.25M. The $DEC token is actively trading on multiple exchanges including Uniswap and IDEX. Listed for free on IDEX, Hotbit, Hoo, Coinw, Tidex, BKex. Listed on CoinGecko and Coinmarketcap. Listed on Delta and Blockfolio apps.
➡️ Circulating supply: 61m $DEC.
➡️ Release schedule and token distribution LINK -> NO RELEASE UNTIL 2021.
➡️Contract Address - 0x30f271C9E86D2B7d00a6376Cd96A1cFBD5F0b9b3
➡️Decimals - 18, Ticker - DEC
➡️Uniswap link: https://uniswap.info/pai0x3AEEE5bA053eF8406420DbC5801fC95eC57b0E0A
⭐️ HOW TO BUY VIDEO: https://www.youtube.com/watch?v=iloAiv2oCRc&feature=youtu.be
$DEC Token utility:
A tradeable unit of value that is both internal and external to the Decentr platform.A unit of conversion between fiat entering and exiting the Decentr ecosystem.A way to capture the value of user data and combines the activity of every participant of the platform performing payment (dPay), or lending and borrowing (dLend), i.e a way to peg PDV to tangible/actionable value.Method of payment in the Decentr ecosystem.A method to internally underwrite the “Deconomy.
  1. NOTABLE SUPPORTERS
Simon Dedic - chief of Blockfyre: https://twitter.com/scoinaldo/status/1283787644221218817?s=20https://twitter.com/scoinaldo/status/1283719917657894912?s=21
Spectre Group Pick : https://twitter.com/SPECTREGRP/status/1284761576873041920https://twitter.com/llluckyl/status/1283765481716015111?s=21
Patrons of the Moon/Lil Uzi: https://t.me/patronsofthemoon/6764
CryptoGems: https://twitter.com/cryptogems_com/status/1283719318379925506?s=09t
tehMoonwalker pick who is a TOP 5 influencer per Binance:https://twitter.com/tehMoonwalkestatus/1284123961996050432?s=20https://twitter.com/binance/status/1279049822113198080
Holochain was one of their earliest supporters and they share a deep connection (recently an AMA was conducted in their TG group): https://medium.com/@DecentrNet/decentr-holochain-ama-29d662caed03
  1. UPCOMING NEWS
--------------------------------------------
  1. RESOURCES:
Website: https://decentr.net
Telegram: https://t.me/DecentrNet
Medium: https://medium.com/@DecentrNet
Twitter: https://twitter.com/DecentrNet
Whitepaper: https://decentr.net/files/Decentr_Whitepaper_V1.4.pdf
Technical Whitepaper: https://decentr.net/files/Decentr_Technical_Whitepaper_Data_As_Economic_Currency.pdf
Recent Articles:
⚡️- https://medium.com/@DecentrNet/decentr-token-sale-metrics-and-distribution-483bb3c58d05
⚡️- https://medium.com/@DecentrNet/how-decentrs-defi-dloan-function-benefits-dec-holders-97ff64a0c105
⚡️- https://medium.com/@DecentrNet/3-vertical-revenue-streams-decentr-is-targeting-4fa1f3dd62de
⚡️- https://medium.com/@DecentrNet/brave-browser-the-good-the-bad-and-the-fundamentally-misguided-8a8593b0ff5b
⚡️- https://medium.com/@DecentrNet/how-decentrs-dfintech-replaces-swift-sct-inst-clearing-house-and-other-payment-solutions-78acacbb4c3f
Chad Gang STRONG Community: https://t.me/decentrtrading
Community News Channel: https://t.me/chadnews
Recent Uniswap trades: https://t.me/dectrades
Wallet holder tracker: https://t.me/DEC_WALLETS_COUNT
submitted by ldd999 to CryptoMoonShots [link] [comments]

Hourly News Update

🤖 Mean Polarity = 0.01 | Mean Subjectivity = 0.17
SPX 3473.75| NASDAQ 11965.0| DOW 28272.0| OIL 45.91
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With Bitcoin Suddenly Surging, Canaan Stock Is Also Going Up Today

With Bitcoin Suddenly Surging, Canaan Stock Is Also Going Up Today



By signing up, you may receive emails concerning CoinDesk products and you agree to our terms & conditions and privacy policSTER ON THE SITE
We need all users to enroll on our platform to access the Bitcoin Trader platform. The sign up method is easy and solely takes a couple of minutes. You'll be able to forever contact our customer service team if you wish helpour Bitcoin Trader account for our trading robot to position trades on your behalf. We tend to need all users to possess a minimum of $250 in their account before accessing our web trader platform. This quantity is enough to require positions price lots of thousands of dollars when using leverage.

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You do not would like any expertise to trade with the Bitcoin Trader app. We tend to are ninety nine.99percent automatic, that means that live trading involves terribly little manual input. Moreover, we tend to offer comprehensive guides and tutorials to help users set up a live trading account.
ognized by the US Trading Association as the foremost profitable crypto robot in 20twenty. Whereas results rely on market conditions, a number of our traders have seen profits of more than four
What is the minimum deposit withBitcoin freedom
You'll be able to trade with us by depositing just $250. The additional you deposit, the more earning potential you have in a very single day. However, we have a tendency to encourage our users to begi
We have a tendency to are tested and verified by prime trading review sites. Our trading platform is cutting-edge. Moreover, we have a tendency to operate in collaboration with highly reputable brokers. We have a tendency to work absolutely transparently and publish all the data that users need to get started with our trading robot
The Bitcoin Trader trading platform is internet-based mostly and accessible through all major browsers on desktop and mobile. You can also install an HTML5 version of our net-trader on any mobile device. We tend to are coming up with to release native apps for Android and iOS by the top of the year.
Bitcoin Trader is a trading robot powered by cutting-edge AI technology. We have a tendency to have a possible daily return on investment of up to four hundredp.c. We have a tendency to have over five thousand reviews on TrustPilot, and at least 90percent of our reviewers are happy with our platformn
Are there hidden fees with Bitcoin Trader?
Our fees are fully transparent. You can download a listing of trading fees from the platform’s management dashboard. We have a tendency to only charge a little commission on profits earned through our trading robot
We have a tendency to settle for registrations from over a hundred thirty countries across the world. Most of our purchasers are from the UK, the US, some elements of Africa, and Asia. We have a tendency to are on the market in your country if you can access our Bitcoin Trader website while not employing a VPN.

We aim to assist normal people reap important returns from cryptocurrency trading. With us, you get exposure to over forty five Bitcoin contracts for variations (CFDs). Common crypto pairs you'll trade with us embrace BTC/USD, BTC/GBP, BTC/EUR, and BTC/XRP.

1) Register: Registering with the Bitcoin Trader app is straightforward. Scroll to the high of this page and submit the specified details through the registration kind.

We require users to verify your phone range and email, since this is often what you'll use for multi-factor authentication. Yet, our partner brokers verify the identity of all users per regulators’ understand your customer (KYC) requirements.

a pair of) eposit: You wish to deposit a minimum of $250 US to trade with the Bitcoin Trader software. We tend to depend on our partner brokers to facilitate transactions, and all of our partners are absolutely regulated by government authorities. With regulated brokers, you'll rest simple knowing that your funds are safe.
You'll fund your account through wire transfer, MoneyGram, Western Union, FasaPay, Visa, MasterCard, Neteller, WebMoney, and Skrill.


three) Trading Education and Demo: We have a tendency to are an auto-trading robot, however we have a tendency to do enable our users some level of management, especially when it comes to risk management. Consequently, our Bitcoin Trader official website encourages you to travel through our trading education section to familiarize yourself with the chance management process.
Our highly intuitive demo platform ought to additionally facilitate your observe trading with the robot before you begin trading during a live account Bitcoin Freedom

The platform needs that you just define the trading conditions for the robot and activate the live trading session button. We have a tendency to encourage you to depart the robot running throughout the day within the background. You'll be able to let it run unmonitored for up to eight hour
We tend to have recently been nominated as the most profitable robot for BTC trading in 20twenty. Moreover, we are one of the trading robots that has been extensively covered by mainstream media. Bitcoin Trader has thousands of reviews on client feedback platforms
Bitcoin Trader was one amongst the primary robots to use high-frequency trading techniques to BTC trading. The robot was founded in 2015, nearly two years before the crypto boom in 2017.
Bitcoin Trader uses AI and ML to create sense of big knowledge, which allows it to trade with high accuracy.
Our trading platform became an on-line sensation in mid-2017, and it has maintained its popularity since then. Bitcoin Trader is the simplest possibility for many beginner and experienced traders.
Bitcoin Trader allows you to earn a daily profit of up to $1,00zero by investing simply $250. That’s a potential return on investment of up to four hundredpercent.
Do celebrities recommend the Bitcoin trader software?

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We tend to are highly widespread and hence a prime target for celebrity gossip. There are viral rumours that we have a tendency to have been endorsed by Elon Musk, Richard Branson, and Jeff Bezos.

Elon Musk – The founder of SpaceX has invested in Bitcoin and expressed interest in artificial intelligence, however he has not invested employing a trading robot.
Richard Brandson – Branson is another celebrity alleged to own invested using Bitcoin Trader. While it's true that he loves Bitcoin and blockchain technology, he hasn’t endorsed any trading robot.
Jezz Bezos – Bezos is also a big fan of emerging technologies, however he hasn’t shown any interest in BTC trading through revolutionary robots like Bitcoin Trader.

You ought to never build an investment decision based mostly on whether or not a star has endorsed or invested in it. Bitcoin Trader has been tested and licensed by specialists.

The verdict about Bitcoin Trader
We tend to are a prime-rated crypto trading robot with nice reviews on sites like TrustPilot and ForexPeaceArmy. Moreover, we have been recognized as legit and profitable by authoritative bodies like the US Trading Association.

We have a tendency to are always striving to offer the most effective to our users by regularly improving our trading platform. Our team of experts analyzes feedback from users to work out what features will create a a lot of seamless trading experience. We tend to operate in complete transparency, having partnered with some of the world’s most reputable brokers.

Our platforms are encrypted to shield you from hackers. Furthermore, we tend to also adhere to information privacy measures, like the General Information Protection Regulation (GDPR). Try out Bitcoin Trader currently through the link at the high right corner of this page.
perior over different cryptocurrencies?
LATESTBITCOINETHEREUMALTCOINSTECHNOLOGYADOPTIONBLOCKCHAINEVENTSCONTACT
PRESS RELEASEWhy is Bitcoin superior over different cryptocurrencies?Akshay KSPublished a pair of weeks agoon August 12, 2020By Akshay KS
Source: Pixabay
During this technical world, bitcoin is the foremost used digital currency all over the world. However the main question then arises within the minds of the many folks is why bitcoin is considered the foremost superior over other cryptocurrenc Bitcoin Freedom
Bitcoin is that the one method of creating transactions daily as alternative currencies. But it's its options and uniqueness that make it superior. Bitcoin and different currencies are based mostly on the cryptographic algorithms or mathematics that are encrypted, with that the user becomes the owner of the currency. Bitcoin currencies are easily accessible at Bitcoin ATM and online exchange
The main feature of the bitcoin, which makes it superior is that it is the safest option for digital transactions. These will be used for on-line searching and transfer of money too.
There are many alternative blessings to using bitcoin. A number of them are mentioned below
Decentralized and digital
Bitcoin offers the freedom of exchanging the price without representatives that proves helpful in controlling the lower fees and high funds. Bitcoin is that the faster method of transaction than others. It is secure as it is free from theft and frauds and is constant. The main advantage is that bitcoin has its homeowners whereas the bank controls the money.
Makes online looking
Normally, bitcoin will be used for on-line shopping too. Bitcoin is the opposite face of e-wallet, that is created by blockchain technology that is used to store money and will easily pay everywhere digitally. For this reason, it also makes your searching easy by which you'll be able to look from your home solely

Bitcoin is accepted globally at each corner of the planet, which makes it less volatile than local currencies or cash. This feature makes it superior because it enables us to form transactions on-line and across the boundaries
Bitcoin unable the means of tracking cash

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Bitcoin is created by blockchain technology. Blockchain is the sole technology which will either make it or break it. There are many computers which are used to keep up a permanent record of each bitcoin transactions with the help of cryptographic technique. In this approach, it becomes a lot of valuable together with the tracking of the payment. At the same time, there's no method of tracking the cash

While not any transformation method, it will be used over the entire world. It provides the simplest platform for the investment as it is free from the restrictions of governments or banks. It provides an open market and combines the simplest of gold and money.

Bitcoin provides the power to access the balance of the users with a password which is named a personal key. It additionally permits the exchange of values through the web without any middle person. Thus, bitcoin becomes safer, stuffed with privacy, and open to everyone
Unlike cash, it is not possible to form the duplicate quite bitcoin that makes it more efficient. It's protected with the technology of blockchain. Even if anyone tries to form a replica of bitcoin to use it, then the system will automatically reject it as the system recognize it as unknown

Bitcoin Freedom failed to allow two persons to transact on the one price. Once the bitcoin is transferred, its possession is also transferred. So this is the simple approach of maintaining records for any tax functions. It conjointly makes it a easy and healthier metho

Bitcoin is the foremost reliable manner of online transactions. Many questions arise in folks’s minds that are solved on websites like bitcoin revolution. One in all them was the above-mentioned question. Bitcoin provides many facilities, and it comes with more and a lot of blessings which makes it distinctive and special over different cryptocurrencies. It can be preferred as the simplest digital platform for transac


BITCOINADOPTIONABOUT USMEET THE TEAMCAREERADVERTISE WITH USCONTACT USTERMS AND CONDITIONSPRIVACY POLICYPARTNERS
Disclaimer: AMBCrypto US and UK Market's content is informational in nature and is not meant to be investment advice. Buying, trading or selling crypto-currencies ought to be considered a high-risk investment and every reader is advised to do their due diligence before making any decisions.
People, businesses, and developers: get the support you would like with our straightforward

Browse the FAQ'sn news, CoinDesk is a media outlet that strives for the very best journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Sign up with Bitcoin Trader nowadays to start out earning potentially thousands of greenbacks in profits daily from an initial investment of just $250. We tend to are a high-rated automated trading robot that's accessible and easy for all to use. By trading with Bitcoin Trader, you'll start generating a lot of investment income than ever beforeBitcoin Freedom

“After simply some months trading with Bitcoin Trader, I’ve made a lot of than $ten,00zero and finally understand what it’s like to measure the dream. I’m saving up my profits to quit my job and spend a year traveling.”

“I’ve been a member of Bitcoin Trader for only 47 days. But my life has already modified! Not solely have I created my 1st $1,000, however I’ve also met a number of the most incredible folks in the process. Thanks, Bitcoin Trader!”

“I used to speculate on my own, but now that I’ve used Bitcoin Trader I would never return to my recent broker. Bitcoin Trader takes manner less work and that i’ve already created thousands of greenbacks in profits in simply a few months.
“Two weeks ago, I got laid off. With no choices left, I thought my life was over. Now I’m making a lot of cash than I made at my job every and each day. Thanks, Bitcoin Trader!”

With the Bitcoin Trader software, you can probably build up to $one,500 daily from a deposit of $250. We tend to are powered by artificial intelligence technology to confirm that you just get a win rate of more than 98p.c under the right market conditions. The US Trading Association has nominated our Bitcoin Trader as the most profitable crypto trading robot on the market.
We have invested in the globe’s best trading technologies. These include the factitious intelligence subsets of natural language processing, deep learning, and machine learning. Bitcin Trader depends on these technologies to derive insights from huge data and market news.
The Bitcoin Trader app has won nearly fifteen coveted awards since launching in 2016. These include the most Profitable Robot 2020 award by the American Trading Association, the simplest Robot in Trading Technologies 2019 award, and the most Profitable Crypto Robot in 2018 Award. We have a tendency to price our customers and are contin
https://www.cryptoerapro.com/bitcoin-freedom/
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Test results TkeyNet, release date, and the opening of an office in the UK.

Test results TkeyNet, release date, and the opening of an office in the UK.

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Hello everyone! Today we will talk about the results of the development of the TkeyNet system and related products, as well as share the test results and release date.
To date, the Protocol has fully debugged. The process of debugging the TkeyNet system is moving with decisive steps — 94.7% of testing of all the functions that TkeyNet includes has completed.
During the tests, the following properties and functions tested with different scenarios:
  • Atomic exchanges;
  • Security;
  • Validation;
  • Interaction of the Protocol with SQLite and PostgreSQL databases;
  • Consensus;
  • Modules for financial institutions;
  • Data exchange in the network;
  • Synchronization;
  • The monitoring system of balance;
  • Transactions that include trades;
  • API;
  • TkeyIndex;
  • TkeyConnect.
Documentation for the TkeyNet system will release on the website tkey.org as well as reviews of the system TkeyNet will be published in the company’s blog.
Back-end TkeyNet developed in the C++ and C) programming languages, to improve performance, some of the code written in C.
The C programming language is the world’s fastest high-level programming language. It is called a high-level assembler, but unlike an assembler, code on it can be compile without changes on any device.
The specified stack is selected to meet the stringent requirements of the financial sector: enhanced security, scalability, and the ability of the system to work 24/7/365. The TkeyNet system is adapted to the world standards: ISO, ISIN.

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TkeyNet supports the structured query language and interacts with flexible SQLite and PostgreSQL databases.
PostgreSQL complies with ANSI/ISO SQL standards, and unlike other DBMSs, it has object-oriented functionality, including full support for the ACID concept. An SQLite was selected to improve the speed and performance of operations. SQLite will also serve as an excellent solution for mobile applications that will be created based on TkeyNet.
PostgreSQL is the most advanced RDBMS, focusing primarily on full compliance with standards and extensibility.
During this period, we also completed work on a powerful API. The API is designed for organizations and developers to use the full power of TkeyNet in individual solutions. Software developers, whether mobile apps or local software, will get APIs and client libraries that will simplify the interaction of the corporate market with TkeyNet.
The API provides guaranteed availability, scalable volumes, and responds within milliseconds.

Test results: transaction and operation speed in TkeyNet

To date, testing shows excellent results on the speed of payments made via TkeyNet.
Last week’s results: unlike the first Protocol, where it took at least 10 minutes to validate a transaction, payment transactions in TkeyNet processed in 25 seconds without losing security properties. Performance improved by 2400% compared to Core 1.0

The block generation time in Core 1.0 is at least 10 minutes, and in TkeyNet — 25 seconds according to the test results.
If it took at least 10 minutes to confirm a block, and sometimes it took two or more hours, in TkeyNet developers achieved a stable indicator of 25 seconds without losing security properties.
To achieve our goal of launching the Protocol — we identify possible changes, theorize solutions, model proposals, and test our theories in practice. This process involves a lot of internal discussions and collaboration with external parties who provide feedback on the operation of a particular module, and the entire system as a whole.
Before the launch of TkeyNet, work will carry out to optimize and improve performance. The team plans to increase its performance indicators by 6000% compared to Core 1.0.

The Core 1.0 block generation time is 10 minutes. TkeyNet test network — 25 seconds. TkeyNet main network-up to 10 seconds.
To do this, we will work with individual modules and libraries of databases, transactions, and consensus. The goal for developers is to process payment transactions for up to 10 seconds at most.
The process secure in the logic of consensus, which solves a complex problem in a matter of seconds.

High throughput rates of the TkeyNet Protocol. B2B & B2C sectors.

To meet the needs of companies, startups, and corporations, — TkeyNet responds with fast processing of trades*.
Payment transactions — exchange of currency or shares, exchange operations, interbank settlements, etc.
For a better understanding, let’s analyze the obtained characteristics at the time of testing TkeyNet:

https://preview.redd.it/t31c3kih64j51.png?width=466&format=png&auto=webp&s=daad005d8cd5066e9d3cb67e9f147d0a7b362d97
Results: 1,225,000 trades per block.
https://preview.redd.it/gerxtesi64j51.png?width=472&format=png&auto=webp&s=e0b96995b7d6fbede61fe7761a55005ec20de403

The scaling of the TkeyNet system

The TkeyNet system is easily scalable by increasing the RAM and CPU parameters. We have launched three nodes on powerful servers with the following characteristics:
  • CPU: 72 Core.
  • RAM: 144 Gb.
  • SSD: 120 Gb.
Transaction throughput increased 2.8 times to ≈3,430,000 transactions per block.

https://preview.redd.it/mvot6c3l64j51.png?width=617&format=png&auto=webp&s=23f4ea57f30fd6978568d12948c0ecb571f2f071

Vertical scaling

Unlike Bitcoin and other blockchain systems, where increasing the power of the miner’s hardware does not lead to an increase in network bandwidth.
Usually in such networks, increasing the power is a direct necessity, otherwise, transactions will not take place at all or will take hours, or even days. Because of what actually appears “manipulation of miners” and various types of network attacks.
On practice in such networks, increasing power is a direct necessity otherwise, transactions will not take place at all or will take hours or even days. Therefore of what appears “manipulation of miners” and various types of network attacks.
TkeyNet uses vertical scaling. With increasing node capacity, the throughput of the entire TkeyNet system increases. It turns out that regardless of the number and power of nodes, transactions will take place in 25 seconds, and with increasing power nodes — the number of processed transactions will grow.
As we said above, our developers are working to improve these indicators, where the block validation time will take no more than 10 seconds. Transactions will take place for 1 second to 10 seconds maximum. Also, this parameter significantly increases the volume of trades conducted via TkeyNet.

Front-end. Graphical user interface.


https://preview.redd.it/wrjfa95n64j51.png?width=700&format=png&auto=webp&s=a5137fac7774864fab431fdd7ac51c73ffca3075
During August, the web products team continues working on secure wallets and a blockchain Explorer. The new software is under development, but it has already come a long way from layouts and graphic design and is ready to move to the stage of connecting the TkeyNet back-end with native products. If everything is in the final stage on the back-end side, then the client part (front-end*) needs time to complete debugging. We needed to design applications per best security practices.
\The Front-end developer creates the user interface.* Testing of blockchain applications is not much different from testing regular applications and resembles functional testing of a payment system. Test cases include checking the balance, fields, transaction statuses, and so on.
Also, we conduct continuous testing during development, taking into account the severity and scale of the TkeyNet system that will be used by organizations, corporations, and users, respectively. According to the results of testing and a meeting of the development team, the launch of TkeyNet is agreed for September 25–mid-October, possibly earlier.
Website tkey.org — will be updated in October 2020, taking into account the volume of documentation, packaging all the meanings of the perfect new product TkeyNet. Tkeycoin.com — updated earlier, before launching TkeyNet.
Also, to the upcoming launch of TkeyNet, the management decided to open a representative office of TKEY in the UK for the development of digital Banking and digitalization of assets.
Working with partners in the UK will focus on implementing TKEY’s corporate strategy and market solutions that meet customer needs, create new revenue sources, and provide opportunities for Corporations growth.
We create a great future for people by continuously improving our services and business products. All our actions are concentrate on becoming a leader in the market.
We also remind you that after the launch of TkeyNet, the start date of TKey trading will announce.
The fourth quarter will be hot, get ready!
https://i.redd.it/ynv5xknq64j51.gif
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Crypto Banking Wars: Will Coinbase or Binance Become The Bank of The Future?

Crypto Banking Wars: Will Coinbase or Binance Become The Bank of The Future?
Can the early success of major crypto exchanges propel them to winning the broader consumer finance market?
https://reddit.com/link/i48t4q/video/v4eo10gom7f51/player
This is the first part of Crypto Banking Wars — a new series that examines what crypto-native company is most likely to become the bank of the future. Who is best positioned to reach mainstream adoption in consumer finance?
While crypto allows the world to get rid of banks, a bank will still very much be necessary for this powerful technology to reach the masses. We believe a crypto-native company, like Genesis Block, will become the bank of the future.
In an earlier series, Crypto-Powered, we laid out arguments for why crypto-native companies have a huge edge in the market. When you consider both the broad spectrum of financial use-cases and the enormous value unlocked through these DeFi protocols, you can see just how big of an unfair advantage blockchain tech becomes for companies who truly understand and leverage it. Traditional banks and fintech unicorns simply won’t be able to keep up.
The power players of consumer finance in the 21st century will be crypto-native companies who build with blockchain technology at their core.
The crypto landscape is still nascent. We’re still very much in the fragmented, unbundled phase of the industry lifecycle. Beyond what Genesis Block is doing, there are signs of other companies slowly starting to bundle financial services into what could be an all-in-one bank replacement.
So the key question that this series hopes to answer:
Which crypto-native company will successfully become the bank of the future?
We obviously think Genesis Block is well-positioned to win. But we certainly aren’t the only game in town. In this series, we’ll be doing an analysis of who is most capable of thwarting our efforts. We’ll look at categories like crypto exchanges, crypto wallets, centralized lending & borrowing services, and crypto debit card companies. Each category will have its own dedicated post.
Today we’re analyzing big crypto exchanges. The two companies we’ll focus on today are Coinbase (biggest American exchange) and Binance (biggest global exchange). They are the top two exchanges in terms of Bitcoin trading volume. They are in pole position to winning this market — they have a huge existing userbase and strong financial resources.
Will Coinbase or Binance become the bank of the future? Can their early success propel them to winning the broader consumer finance market? Is their growth too far ahead for anyone else to catch up? Let’s dive in.
https://preview.redd.it/lau4hevpm7f51.png?width=800&format=png&auto=webp&s=2c5de1ba497199f36aa194e5809bd86e5ab533d8

Binance

The most formidable exchange on the global stage is Binance (Crunchbase). All signs suggest they have significantly more users and a stronger balance sheet than Coinbase. No other exchange is executing as aggressively and relentlessly as Binance is. The cadence at which they are shipping and launching new products is nothing short of impressive. As Tushar Jain from Multicoin argues, Binance is Blitzscaling.
Here are some of the products that they’ve launched in the last 18 months. Only a few are announced but still pre-launch.
Binance is well-positioned to become the crypto-powered, all-in-one, bundled solution for financial services. They already have so many of the pieces. But the key question is:
Can they create a cohesive & united product experience?

Binance Weaknesses

Binance is strong, but they do have a few major weaknesses that could slow them down.
  1. Traders & Speculators Binance is currently very geared for speculators, traders, and financial professionals. Their bread-and-butter is trading (spot, margin, options, futures). Their UI is littered with depth charts, order books, candlesticks, and other financial concepts that are beyond the reach of most normal consumers. Their product today is not at all tailored for the broader consumer market. Given Binance’s popularity and strength among the pro audience, it’s unlikely that they will dumb down or simplify their product any time soon. That would jeopardize their core business. Binance will likely need an entirely new product/brand to go beyond the pro user crowd. That will take time (or an acquisition). So the question remains, is Binance even interested in the broader consumer market? Or will they continue to focus on their core product, the one-stop-shop for pro crypto traders?
  2. Controversies & Hot Water Binance has had a number of controversies. No one seems to know where they are based — so what regulatory agencies can hold them accountable? Last year, some sensitive, private user data got leaked. When they announced their debit card program, they had to remove mentions of Visa quickly after. And though the “police raid” story proved to be untrue, there are still a lot of questions about what happened with their Shanghai office shut down (where there is smoke, there is fire). If any company has had a “move fast and break things” attitude, it is Binance. That attitude has served them well so far but as they try to do business in more regulated countries like America, this will make their road much more difficult — especially in the consumer market where trust takes a long time to earn, but can be destroyed in an instant. This is perhaps why the Binance US product is an empty shell when compared to their main global product.
  3. Disjointed Product Experience Because Binance has so many different teams launching so many different services, their core product is increasingly feeling disjointed and disconnected. Many of the new features are sloppily integrated with each other. There’s no cohesive product experience. This is one of the downsides of executing and shipping at their relentless pace. For example, users don’t have a single wallet that shows their balances. Depending on if the user wants to do spot trading, margin, futures, or savings… the user needs to constantly be transferring their assets from one wallet to another. It’s not a unified, frictionless, simple user experience. This is one major downside of the “move fast and break things” approach.
  4. BNB token Binance raised $15M in a 2017 ICO by selling their $BNB token. The current market cap of $BNB is worth more than $2.6B. Financially this token has served them well. However, given how BNB works (for example, their token burn), there are a lot of open questions as to how BNB will be treated with US security laws. Their Binance US product so far is treading very lightly with its use of BNB. Their token could become a liability for Binance as it enters more regulated markets. Whether the crypto community likes it or not, until regulators get caught up and understand the power of decentralized technology, tokens will still be a regulatory burden — especially for anything that touches consumers.
  5. Binance Chain & Smart Contract Platform Binance is launching its own smart contract platform soon. Based on compatibility choices, they have their sights aimed at the Ethereum developer community. It’s unclear how easy it’ll be to convince developers to move to Binance chain. Most of the current developer energy and momentum around smart contracts is with Ethereum. Because Binance now has their own horse in the race, it’s unlikely they will ever decide to leverage Ethereum’s DeFi protocols. This could likely be a major strategic mistake — and hubris that goes a step too far. Binance will be pushing and promoting protocols on their own platform. The major risk of being all-in on their own platform is that they miss having a seat on the Ethereum rocket ship — specifically the growth of DeFi use-cases and the enormous value that can be unlocked. Integrating with Ethereum’s protocols would be either admitting defeat of their own platform or competing directly against themselves.

Binance Wrap Up

I don’t believe Binance is likely to succeed with a homegrown product aimed at the consumer finance market. Their current product — which is focused heavily on professional traders and speculators — is unlikely to become the bank of the future. If they wanted to enter the broader consumer market, I believe it’s much more likely that they will acquire a company that is getting early traction. They are not afraid to make acquisitions (Trust, JEX, WazirX, DappReview, BxB, CoinMarketCap, Swipe).
However, never count CZ out. He is a hustler. Binance is executing so aggressively and relentlessly that they will always be on the shortlist of major contenders.
https://preview.redd.it/mxmlg1zqm7f51.png?width=800&format=png&auto=webp&s=2d900dd5ff7f3b00df5fe5a48305d57ebeffaa9a

Coinbase

The crypto-native company that I believe is more likely to become the bank of the future is Coinbase (crunchbase). Their dominance in America could serve as a springboard to winning the West (Binance has a stronger foothold in Asia). Coinbase has more than 30M users. Their exchange business is a money-printing machine. They have a solid reputation as it relates to compliance and working with regulators. Their CEO is a longtime member of the crypto community. They are rumored to be going public soon.

Coinbase Strengths

Let’s look at what makes them strong and a likely contender for winning the broader consumer finance market.
  1. Different Audience, Different Experience Coinbase has been smart to create a unique product experience for each audience — the pro speculator crowd and the common retail user. Their simple consumer version is at Coinbase.com. That’s the default. Their product for the more sophisticated traders and speculators is at Coinbase Pro (formerly GDAX). Unlike Binance, Coinbase can slowly build out the bank of the future for the broad consumer market while still having a home for their hardcore crypto traders. They aren’t afraid to have different experiences for different audiences.
  2. Brand & Design Coinbase has a strong product design team. Their brand is capable of going beyond the male-dominated crypto audience. Their product is clean and simple — much more consumer-friendly than Binance. It’s clear they spend a lot of time thinking about their user experience. Interacting directly with crypto can sometimes be rough and raw (especially for n00bs). When I was at Mainframe we hosted a panel about Crypto UX challenges at the DevCon4 Dapp Awards. Connie Yang (Head of Design at Coinbase) was on the panel. She was impressive. Some of their design philosophies will bode well as they push to reach the broader consumer finance market.
  3. USDC Stablecoin Coinbase (along with Circle) launched USDC. We’ve shared some stats about its impressive growth when we discussed DeFi use-cases. USDC is quickly becoming integrated with most DeFi protocols. As a result, Coinbase is getting a front-row seat at some of the most exciting things happening in decentralized finance. As Coinbase builds its knowledge and networks around these protocols, it could put them in a favorable position to unlock incredible value for their users.
  4. Early Signs of Bundling Though Coinbase has nowhere near as many products & services as Binance, they are slowly starting to add more financial services that may appeal to the broader market. They are now letting depositors earn interest on USDC (also DAI & Tezos). In the UK they are piloting a debit card. Users can now invest in crypto with dollar-cost-averaging. It’s not much, but it’s a start. You can start to see hints of a more bundled solution around financial services.

Coinbase Weaknesses

Let’s now look at some things that could hold them back.
  1. Slow Cadence In the fast-paced world of crypto, and especially when compared to Binance, Coinbase does not ship very many new products very often. This is perhaps their greatest weakness. Smaller, more nimble startups may run circles around them. They were smart to launch Coinbase Ventures where tey invest in early-stage startups. They can now keep an ear to the ground on innovation. Perhaps their cadence is normal for a company of their size — but the Binance pace creates quite the contrast.
  2. Lack of Innovation When you consider the previous point (slow cadence), it’s unclear if Coinbase is capable of building and launching new products that are built internally. Most of their new products have come through acquisitions. Their Earn.com acquisition is what led to their Earn educational product. Their acquisition of Xapo helped bolster their institutional custody offering. They acqui-hired a team to help launch their staking infrastructure. Their acquisition of Cipher Browser became an important part of Coinbase Wallet. And recently, they acquired Tagomi — a crypto prime brokerage. Perhaps most of Coinbase’s team is just focused on improving their golden goose, their exchange business. It’s unclear. But the jury is still out on if they can successfully innovate internally and launch any homegrown products.
  3. Talent Exodus There have been numerous reports of executive turmoil at Coinbase. It raises a lot of questions about company culture and vision. Some of the executives who departed include COO Asiff Hirji, CTO Balaji Srinivasan, VP & GM Adam White, VP Eng Tim Wagner, VP Product Jeremy Henrickson, Sr Dir of Eng Namrata Ganatra, VP of Intl Biz Dan Romero, Dir of Inst Sales Christine Sandler, Head of Trading Hunter Merghart, Dir Data Science Soups Ranjan, Policy Lead Mike Lempres, Sr Compliance Vaishali Mehta. Many of these folks didn’t stay with Coinbase very long. We don’t know exactly why it’s happening —but when you consider a few of my first points (slow cadence, lack of innovation), you have to wonder if it’s all related.
  4. Institutional Focus As a company, we are a Coinbase client. We love their institutional offering. It’s clear they’ve been investing a lot in this area. A recent Coinbase blog post made it clear that this has been a focus: “Over the past 12 months, Coinbase has been laser-focused on building out the types of features and services that our institutional customers need.” Their Tagomi acquisition only re-enforced this focus. Perhaps this is why their consumer product has felt so neglected. They’ve been heavily investing in their institutional services since May 2018. For a company that’s getting very close to an IPO, it makes sense that they’d focus on areas that present strong revenue opportunities — as they do with institutional clients. Even for big companies like Coinbase, it’s hard to have a split focus. If they are “laser-focused” on the institutional audience, it’s unlikely they’ll be launching any major consumer products anytime soon.

Coinbase Wrap Up

At Genesis Block, we‘re proud to be working with Coinbase. They are a fantastic company. However, I don’t believe that they’ll succeed in building their own product for the broader consumer finance market. While they have incredible design, there are no signs that they are focused on or capable of internally building this type of product.
Similar to Binance, I think it’s far more likely that Coinbase acquires a promising young startup with strong growth.

Honorable Mentions

Other US-based exchanges worth mentioning are Kraken, Gemini, and Bittrex. So far we’ve seen very few signs that any of them will aggressively attack broader consumer finance. Most are going in the way of Binance — listing more assets and adding more pro tools like margin and futures trading. And many, like Coinbase, are trying to attract more institutional customers. For example, Gemini with their custody product.

Wrap Up

Coinbase and Binance have huge war chests and massive reach. For that alone, they should always be considered threats to Genesis Block. However, their products are very, very different than the product we’re building. And their approach is very different as well. They are trying to educate and onboard people into crypto. At Genesis Block, we believe the masses shouldn’t need to know or care about it. We did an entire series about this, Spreading Crypto.
Most everyone needs banking — whether it be to borrow, spend, invest, earn interest, etc. Not everyone needs a crypto exchange. For non-crypto consumers (the mass market), the differences between a bank and a crypto exchange are immense. Companies like Binance and Coinbase make a lot of money on their crypto exchange business. It would be really difficult, gutsy, and risky for any of them to completely change their narrative, messaging, and product to focus on the broader consumer market. I don’t believe they would ever risk biting the hand that feeds them.
In summary, as it relates to a digital bank aimed at the mass market, I believe both Coinbase and Binance are much more likely to acquire a startup in this space than they are to build it themselves. And I think they would want to keep the brand/product distinct and separate from their core crypto exchange business.
So back to the original question, is Coinbase and Binance a threat to Genesis Block? Not really. Not today. But they could be, and for that, we want to stay close to them.
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Other Ways to Consume Today's Episode:
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Download the app. We're a digital bank that's powered by crypto: https://genesisblock.com/download
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Is wealth matrix robot legit?

Is wealth matrix robot legit?

Is wealth matrix robot legit?
We have analyzed wealth matrix trading software carefully together with its key factors to work out whether this trading robot is legit and will be trusted. Following our review, we tend to can confirm that wealth matrix is legit and trustworthy. The robot efforts to supply a safe trading surroundings by channeling traders to regulated brokers and protects members’ data. The fact that robot partners with regulated brokers ensures that users’ funds are held in segregated accounts and users will be compensated if the broker goes into bankruptcy.

wealth matrix’s web site is SSL secured and the corporate offers high protection options against any cyber threat. wealth matrix discloses crucial info regarding the corporate including its Privacy Policy, Terms, Earnings Disclaimer, and Spam Policy. The robot additionally claims that there are no hidden fees and withdrawals can be made anytime and instantly.

wealth matrix Legit
How does wealth matrix work?
wealth matrix offers a totally different kind of automated trading algorithm. The corporate has developed the 8 high-finish pattern recognition algorithm to detect trading opportunities within the crypto market. In straightforward terms, the software allegedly is ready the scan and analyze the crypto market by employing a powerful AI-driven algorithm to suggest profitable trades and then execute these trades at just once for all its members.

The robot reports that the AI Matrix Professional software may be a highly accurate trading software that eventually can generate profits for people who invested within the platform. By using a number of the foremost advanced trading technologies within the market, wealth matrix supposedly is in a position to conduct market research and analyze trading charts. The robot claims to use a preset of technical indicators like Moving Average, RSI, Bollinger Bands, and oscillator to derive successful trading signals.

Then, the robot is ready to connect to a robot broker that executes a giant variety of orders simultaneously by using another powerful trading algorithm. The robot broker provides a leverage ratio of up to one:a thousand and immediately executes the orders through many market manufacturers. Our review confirms that wealth matrix partners with well-reputed regulated brokers.

Open account currently

Why trade with wealth matrix?
According to user reviews, wealth matrix seems to be one in all the foremost reliable trading robots in the industry. There are several advantages of this trading software in comparison to different trading robots.

A high claimed profitability
wealth matrix reports that there's no limit to profitability and a few users have created thousands of dollars in one trading day. However, though the robot is entirely automatic, the team states that every user should follow the signals rigorously and act fast on the predictions made by the software. The majority of user testimonials, that seem to be real and from real folks, report having created important profits through the AI Matrix Professional Software.

Positive name
We have a tendency to have scan many testimonials and reviews from users who have used wealth matrix AI software and the bulk claim to possess had a positive trading experience. According to these reviews, it seems that wealth matrix will be trusted. It's vital to say that during this trade, a corporation with positive feedback from users indicates that they need the necessary knowledge in providing accurate trading software and reliable business structure.

wealth matrix User Testimonials
Secure and safe trading platform
wealth matrix takes pride in its information and privacy protection policy. Indeed, with the increasing threat of cyber-attacks across the globe, it is a vital factor when choosing a trading robot. While other trading robots cannot shield users’ knowledge and funds, wealth matrix is SSL secured and applies protection options like NortonSecured, VeriSignSecured, and McAffeSecured. Furthermore, users report that the withdrawal method is reliable which wealth matrix offers a responsive support team.

Excellent client support
Our review reveals that this wealth matrix responds immediately to customers’ queries. Users will contact the wealth matrix team via submitting a price tag form on the official web site as well as through the client support team of the assigned broker. Most of the reviews indicate that wealth matrix includes a responsive and useful support team.

Open account currently

*Remember all trading risks and you shouldn’t risk a lot of then you'll afford to lose.

Getting started with wealth matrix
Before we delve into the account creation process, you should remember that wealth matrix isn't yet accessible in all countries, hence, you may have to check if the robot offers its services in your country of residence. If the robot is obtainable in your country, simply follow the steps to open a free trading account and start trading.

Step One: Registration
Initial, move to the wealth matrix official web site and fill in your personal details within the sign-up kind. The robot needs you to submit your first and last name, and your email address. Then, you'll have to create a password and submit your phone number and click on the register currently button. On the next, simply click on the Start Trading button and you will be redirected to a regulated broker in your country.

wealth matrix Registration
Step 2: Get connected to a regulated broker
Now, that you have completed the sign-up method, wealth matrix redirects you to 1 of its partner regulated broker. The robot broker is allowed to collect and investors’ deposits, and guarantee that purchasers’ funds are safe. Unlike other trading robots in the market, wealth matrix allows you to trade on a demo account to follow your skills before you risk real money.

Step Three: Deposit funds
Now that you're acquainted with the platform, it’s time to deposit funds and begin trading. We tend to remind you that wealth matrix maintains a minimum deposit demand of $250 and we tend to suggest that you start with the minimum requirement. The assigned might need you to submit further documentation that verifies your identity. As you'll see within the image below, the robot allows you to deposit funds via debit and credit cards, with bitcoin.

wealth matrix Registration
Step Four: Live trading
Once the funds are transferred into your account, you'll flip on the software and start trading. Different from different trading robots, wealth matrix offers an array of monetary instruments as well as cryptocurrencies, stocks, fiat currencies, commodities, and indices.

We tend to advocate that you just let the robot work for around eight hours per day and monitor the account for 20 minutes per day. Remember, the cryptocurrency market is open 24/7.

wealth matrix live trading
Open account now

Is wealth matrix Legit? The verdict!
From this review, we have a tendency to can confidently state that wealth matrix could be a legitimate trading robot. This robot incorporates a high claimed accuracy rate and allegedly is in a position to get consistent profit through its innovative eight high-finish pattern recognition algorithm. The bulk of users report that wealth matrix’s software performs well and the company offers a solid customer support service and a reliable withdrawal process. However, we have a tendency to should inform you that every one investment opportunities carry a certain risk and you should only trade with a capital you can afford to lose.

FAQs
Is wealth matrix legit or a scam?
wealth matrix is not a scam trading robot. Following this review, it appears that wealth matrix is legit and works in transparency.

Do I want to own a trading expertise and skills to begin trading with wealth matrix?
No, wealth matrix reports that the software was designed to be as easy as potential to use. As a result, anyone will use this software while not having a previous trading expertise.

How abundant should I deposit with wealth matrix?
wealth matrix contains a minimum deposit demand of $250. We suggest that start with $250.

Can I withdraw my profits from wealth matrix?
Yes. Users claim that the withdrawal method takes twenty four-forty eight hours as most.

Trading is comes with risk. All content on our website is provided solely for informational purposes, and isn't an supply to shop for or sell or a solicitation of an supply to buy or sell any security, product, service or investment. The opinions expressed during this Site do not constitute investment advice and freelance monetary recommendation should be sought where
Mark Graham could be a finance author primarily based in London, UK with over 8 years expertise in cryptocurrency and stock writing. He has written for a range of online publications and enjoys writing concerning auto-trading tools.

https://preview.redd.it/quaztxr0ese51.png?width=339&format=png&auto=webp&s=88eb7a8d7ed6f0d3da6a48839e1732cd28ce7529
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Online gambling legislation and regulation. Starting your own gambling product.

Online gambling legislation and regulation. Starting your own gambling product.

Mobile gambling
If you plan to develop an app with the ability to deposit and withdraw real money, then such a product automatically falls into the category of gambling and you will need to license your business for successful operation.
Mobile and Web Based Apps
So let’s talk about the different kinds of online gambling apps available on web and mobile. We’ll be covering both free-play gaming apps and real money casino app games you can find for iOS, Android devices and web browsers.
Mobile gambling is more common for poker, casino, bingo, and skill games. They have advantages in terms of a low barrier to enter the market, instant liquidity, product knowledge, and marketing expertise, minimal infrastructure costs, and the ability to bring a brand to the market quickly. Consequently, this form of gambling does not sit neatly with jurisdictional boundaries. Multiple gambling opportunities are available, including betting on various events and markets, in a relatively simple format. Gambling products can also be integrated into betting on television shows or virtual racing and sports games as well as offering lotteries, bingo, poker and casino games.
Most Popular Gambling Apps
Sports betting, casino, poker and lotteries are the most popular forms of online gambling. However, other forms are available too. These include the following: Bingo, slot machines, different card games, roulette and other game of chance. One of the best things about online gambling and betting apps is the number of choices you have.

Sports Betting

Betting means making or accepting a bet on the outcome of a race, competition, or other event or process, the likelihood of anything occurring or not occurring, or whether anything is or is not true. Today most sports betting is done via mobile-friendly sites and apps.
Today most sports betting is done via mobile-friendly sites and apps.
The introduction of live betting for sports like soccer and tennis means that bettors who are sitting inside stadiums watching games can now pick up their mobile devices and find real-time betting value with the best sports gambling apps. This has really unlocked a door to the future of sports gambling and the popularity of online gambling apps.

Poker

Many sites offer free poker, where no real money is wagered, although in some cases players can accumulate credits that can be exchanged for prizes. This is the case why people are going to play for real money. There is an ongoing debate over whether poker should be classified as a game of chance or skill. The parameters of legal poker playing are still unclear and differ between jurisdictions. Since you are not gambling with money, I’m pretty sure under the law it’s just a video game for now.

Blackjack

Blackjack is the game of choice to many high-rollers and do you know why? Because blackjack is a challenging, logic and skill-based game where your thinking, strategy, and calculations determine the outcome of the game.

Bingo

Bingo is one of the most popular and socially accepted games in the world. Bingo is a traditional form of gambling that has seen considerable innovation in recent years. It is also the only form of gambling recognized in the Gambling Act that does not have a specific statutory definition, the Act providing simply that “bingo” means “any version of that game, irrespective of by what name it is described”. Bingo must be played as an equal chance game. For game to be classed as “bingo” it must meet the Act’s definition of “equal chance gaming” (as opposed to casino gaming). Thus, it: must not involve playing or staking against a bank, and must be a game in which the chances are equally favorable to all participants in the sense that each ticket or chance has the same probability of success as any other.
Licensed bingo is a well-regulated and socially responsible form of gambling that takes place in a safe environment. Many sites offer multiple forms of bingo with different features, types of games, and costs of play. These sites often cater specifically for women and some research suggests that they may appeal to markets who would not typically engage in traditional forms of gambling.

Slots

Slot machine is one of the most beloved game among the gambling community and it has been a part of the industry for a long time. They provide fun and entertainment and their simplicity allows gamers to start playing at once. This can play out in different ways depending on the machine you’re playing. For instance, there’s Pick a Fortune, a five-reel, 20 line game that puts players right in the studio of a television game show, including the potential to play a Deal or No Deal-style bonus round. A super trend over the past few years is mobile-friendly slot games. These apps and websites were developed to enable players to enjoy their favorite games on their smartphones at any time. Another dominant slot trend is licensed branded slots that are based on popular movies, television, and musicians.
Virtual Money vs Real Money
Let’s find out the difference between social gambling and real money gambling, as well as the differences between gambling through apps and gambling through a web browser. It can be quite confusing trawling through all the casinos, slots, and lotteries available, both through your mobile web browser as well as through mobile app stores, in the form of downloadable apps.

Virtual money

The main difference between virtual money and real money gambling is that the in-game virtual currency in social games and gambling-type games is used only like credits that are not paid out as winnings or anything given to player in cash, making these games exempt from gambling regulations.
Virtual money is loaded on user game accounts via in-app purchases in mobile applications or the game balance funding from a card via web based applications.

Real money gambling

Real money gambling via your mobile device is only allowed in countries where laws have been passed that allow for this type of gambling online, or there are no laws in place that prevent it. The payment systems are the legal way of services payment in the gambling app, performing as the intermediary between the gambling facility and the client. With their help, users replenish deposits and withdraw funds to personal accounts in financial institutions. If the application uses the payment system of a well-known brand, that gives players additional confidence in the resource. Nowadays, there is a wide range of payment systems, some of which operate all over the world, other systems are oriented towards the citizens of one or several countries. A number of services accept money of different world currencies, while others allow currency transactions of one state only.
What is an Online Gambling Licensing
The internet has a global audience, there’s no single piece of legislation that covers the legality of online gambling for the entire world. Mobile gambling doesn’t typically accept customers from every single country in the world. It often focuses on certain specific regions.
Instead, most countries have their own local laws that deal with the relevant legal and regulatory issues.
Ultimately, questions of legality all go back to the location of the casino or where the website operates out of. In closed regulatory systems, such as Italy, France, and the Netherlands, licenses, and advertising rights are limited to domestic providers, which must be located within their country’s geographical boundaries and these are only permitted to offer some types of products. Some jurisdictions, for example, Norway, Sweden, and Canada legalize and regulate online gambling, but this is limited to a single site that is owned by the government. Under such an approach, the government becomes the operator and regulator and all revenues are returned to the government.
Remote gambling is generally permitted. That means that an operator that is licensed may provide gambling services to citizens in the country via all forms of remote communication (and using equipment that may be located in the country or abroad). Equally, a remote operator may be licensed to offer gambling services to citizens in any jurisdiction in the world using equipment located in the country. The law provides that, for each type of gambling (betting, gaming, and participating in a lottery), there will be two forms of license available: remote and non-remote forms (land-based). If you provide facilities for remote gambling, online or through other means, and advertise to consumers you will need a license from the licensing jurisdictions or local licensing authorities. Before an online gambling site signs up its first customer, before it accepts its first bet before the first card is dealt, it must be licensed by a recognized governmental entity.
Certain regions in the world have specific legislation in place that allows them to license and regulate companies that operate online gambling sites or provide industry services (such as the supply of gaming software). These regions are referred to as online gambling jurisdictions or licensing jurisdictions.
Depending on what type of entertainment you are going to implement in your internet establishment, you will have to apply for the corresponding permissions. Online gambling laws in Europe vary from one country to the next. The industry is well regulated in some countries and less so in others. There are several online gambling jurisdictions located in Europe. Some of these are members of the European Union (EU), and thus subject to the various rules and regulations of that body, while others are independent. Each of these jurisdictions has an authority that’s responsible for approving gambling sites for licenses that enable them to offer their services legally. They also regulate their licensees.
Countries that Provide Gambling Licensing
Today there are lots of licensing jurisdictions located all over the world and offering different terms for their customers. Depending on the country, licenses can be local, international (distributed in several countries), have a different set of documents for registration, costs of registration and further support, various operating conditions and other special details.

Which gambling license is both internationally recognized?

The government of Ireland offers casino operators, software, and service providers in the gambling industry, with a gambling license that allows gambling operators to conduct business related to casino, lotto, and other gaming-related activities. Ireland Gambling License is one of the most popular license for online casinos worldwide. Ireland has long been recognized as one of the preferred locations for Online Gambling operators to base their operations. This success has been due to a combination of factors, such as a progressive legislative system, political stability, first-rate telecommunications facilities, and a well established financial services industry. A wide range of gambling sites operates out of Ireland including sports betting, casino sites, poker, bingo, and more.
In stark contrast, the UK is the largest regulated market for online gambling in the world, and corporations are already comfortable exploiting the intersections of gambling and gaming, betting in-play, social gaming, Bitcoin, financial trading and spread betting, betting exchanges, e-sports and, most profitably, mobile gambling. 40% and 60% of online gambling in the UK took place in Gibraltar.

International licensing

Europe is home to the following online gambling jurisdictions: Alderney, Gibraltar, Isle of Man, Malta. Malta is currently the country that is most accommodating to gambling companies, and the license offers whitelisted online gambling in sports and casino games in many European territories. But takes an extreme amount of time in paperwork and background checks. Also, you pay 5% of all your gross profit to the EU.
Among countries offering gambling licensing services, the attention should be paid to Curaçao jurisdiction, which is considered to be one of the most promising for the online gaming business.
Curaçao Internet Gaming Association (also known as Curaçao eGaming) is both a regulator and a licensor, and its licensing works worldwide except Curaçao itself, USA, France and Netherlands. Using Curacao as an example, let us examine in detail the process of obtaining a license, the necessary documents and expenses.
How to get a License on Curaçao
  • Documents necessary for company registration:
  • criminal record;
  • passport scans;
  • bank account confirmation;
  • documents proving payments for utility services.
After the company is registered, an operator can apply for the license providing the following documents:
  • a document certifying the right of domain possession;
  • description of games planned to be used in the project;
  • a list indicating countries of potential operation;
  • illustration of server locations to be used in the project;
  • a copy of the agreement with a software provider.
Gambling license cost:
  • Bank account opening $1000
  • Company registration $3600
  • Company management per year $3600
  • Application processing fee $1000
  • License fee per year $4800
  • Equipment/software fee starting from $1500
  • Server maintenance per year $6000
Apart from that pay for technical support and maintenance every year. The entire license issuing process takes between 2-4 weeks. Curacao Internet Gaming Association (CIGA) also has the power to review a license and, if it finds that an operator has breached a license condition, has the power to impose a range of sanctions including revocation of the license.
Apple and Google Gambling Rules
You’ll be surprised at the limited number of real money gambling app options available on the AppStore and Google Play Store. Most real money casino gaming is done through gambler’s mobile web browsers and not through mobile gambling apps that you’ll find for iPhone and Android phones. Apple allows online gambling applications in a few forms, and not just in places where it is explicitly permitted. They do not allow any payments through the applications – those have to be done on the websites. Apple has far stricter developer guidelines for iOS apps than Google does for Android apps, so it’s fine to assume that whatever you choose to download from iTunes is usually safe, secure, and meets a certain standard.
Any real money casino in the iTunes app is required to have proper licensing and permissions before Apple will approve the app for use or downloads. While Google Play is technically regulated, it is much more loose in what can be hosted.

Apple Store

Gambling, gaming, and lotteries can be tricky to manage and tend to be one of the most-regulated offerings on the App Store. Apple has rules for apps that support real money wagering, including sports betting and poker. Those apps and lotteries must have necessary licensing and permissions in the locations where the App is used, must be geo-restricted to those locations, and must be free on the App Store, and Apple rate even simulated gambling apps as appropriate only for users 17-years-old and up.

Play Store

Google keeps the reigns tight. To be able to successfully upload apps to the Google Play store, developers need to have a valid license for the specific countries they are targeting and comply with their regulations. The app must be free to download and must prevent under-age users from gambling in the app. As a final precaution, all gambling apps are required to display prominent information regarding responsible gambling practices. This brings its policy in line with the Apple App Store.
Countries where gambling is illegal
It is also important to remember that while gambling is growing rapidly in many places, in others it is totally or partially prohibited. As well as in the majority of the US, sports betting is illegal in India, Pakistan, and China, three of the largest gambling markets in the world. Most countries have rules against gambling. Almost all Islamic countries prohibit gambling of every kind, but many turn a blind eye to online gambling or simply do not have regulations in place for this grey area.
In the United Arab Emirates, however, any kind of gambling is prosecuted. National lotteries are the only legal forms of wagering on the Asian country’s mainland. Cambodia, North Korea strictly forbids online and offline gambling amongst its own citizens but allows tourists to participate in these activities.
Qatar is the strictest country of all when it comes to gambling laws. All forms of gambling activities are considered illegal, and even sports betting is not permissible.
Starting your own gambling product
Numerous online casino platforms in the market offer fantastic casino games like bingo, poker, roulette, and many more.
If you have an idea, but don’t know where to start, we advise you begin with a Minimal Viable Product (MVP) to pilot your proof of concept for investors. MVP spotlights your core features and lets your investors know there are bigger and better things to come.
For MVP you do not need a large team, just a few people are enough to create a fully functioning prototype. In the case of successful numbers of your prototype, the further development of a full-fledged product will require more team, resources and time, however you will be sure that your development and your costs will pay off.
submitted by Fgfactory_ua to gamedev [link] [comments]

Weekly Update: 24 crypto assets live on ParJar fiat on/off ramp, FantomVision PWA, $LINK + Voyager, $GHOST for $ESH Hodlers... – 17 Apr - 23 Apr'20

Weekly Update: 24 crypto assets live on ParJar fiat on/off ramp, FantomVision PWA, $LINK + Voyager, $GHOST for $ESH Hodlers... – 17 Apr - 23 Apr'20
Hiya folks! Hope the shelter-at-home is treating you well. As you might know that the super cyclone Amphan struck Eastern India and Bangladesh day before yesterday. As a result, I went into radio silence for two days. Now that I am back in the grid (albeit with ultra-super slow internet; this post took 4+ hours of retries just to upload pictures), let’s get rolling with the weekly update catch-up series again. Here’s your week at Parachute + partners (17 Apr - 23 Apr'20):

24 cryptocurrencies are now live on ParJar for trading with fiat in Europe, India and UK. This is massive! The new ParJar and #cryptoforeveryone masks look great Clinton! Designers in Parachute, Clinton is looking for fresh original designs for merchandise in the Parachute Shop. You can bag some cool $PAR and discount codes if your art makes it to the store. The #par4par raffle currently has a 500k $PAR prize pool. If you have 10k $PAR in your ParJar, you can claim a ticket. Get in on it! Foo hosted a Parena so that winners can get a taste of the raffle with their prize $PAR. Bose hosted a random TTR trivia this week for a 10k $PAR prize pot. Don't forget her rules: "you argue and you're wrong, you skip next question". Gamerboy's Tiproom quiz theme was a secret. Did you find out what it was? Charlotte’s Tuesday TTR trivia was fun as always. Victor hosted an animal-themed trivia for 1k $PAR in prize per question. Two-for-Tuesday continued with the ongoing series of letters. This week Gian got Parachuters to post music "featuring bands or artists whose name starts with the letters M, N, O or P". As always, super thankful for the playlist Sebastian! 136 music videos in total. Dang! Jason’s #wholesomewed prompt involved Parachuters sharing unconventional art pieces. "They can be made by you or someone else".
Visit the Parachute Shop for more epic merch like these
Uber cool #wholesomewed entries by (clockwise from top left) Fakhir, Erol, Pars, Georg, Eric, OilJam, Peace Love
Click here to track this week’s aXpire burn transaction. CEO Gary Markham wrote about Time Recording in his latest blog post. More insights into 2gether’s study about women in crypto were released. This is part of their original study report on female crypto consumers which was first published in March. $BOMB founder Zachary Dash set the ball rolling on a proposal system for brainstorming on ideas for the project. Click here for a sample proposal. For #XIOSocial discussions, Citizens talked about what interest rate would be ideal for $XIO when the dApp launches. $LINK was added to Voyager’s platform this week. Click here for the full range of available assets. Voyager also featured in MyFirstBitcoin.info's list of "Where To Buy Bitcoin". They also launched an integration with crypto trading education platform Market Rebellion this week. Switch announced that $ESH token holders will be eligible to claim John McAfee-backed $GHOST coins on 25th May. News of Ghost’s launch was shared in bitcoin.com, Cointelegraph, CoinPedia, Crypto News Flash and CryptoNewsZ. Neva Fomo’s review of SwitchDex was released this week. The winners of the #BUIDLonFantom Developer contest were announced this week. The FantomVision block explorer was upgraded to a Progressive Web App (PWA) which can be installed on your device as an application. The team hosted a monthly AMA in their Discord. This will be happening every month from now. A new technical paper on smart was contracts was published as well.
Bitcoin is a clear favourite for trading among female users
Bounty0x’s fundraiser on Republic came to a close this week with funding crossing over targeted amount by nearly three times. Founder Angelo Adam also shared a sneak peek into how the Hypedia platform could look like. Uptrennd Head of Community, Luke, started an #InfectedWithGratitude giveaway that brought 2 days of wholesome joy to the community. Founder Jeff Kirdeikis sat down for an Altcoin Buzz interview to talk all things crypto. IOST joined Uptrennd this week. Coingecko joined in the fun too. Awesome! Congratulations on onboarding 30k+ new users in 2020 alone. The team also set the ball rolling for a community-powered blockchain awards. The District0x District Weekly can be read here. Meme Factory now has a fixture inside the virtual world of Cryptovoxels. Hydro made it to the semifinal round of Ground Up Ventures’ March Madness Startup Competition. Congrats! With news of Google’s smart debit card leaking out recently, the team at Hydro discussed the implications of the tech giant entering digital banking. They also wrote at length about FinTech in Brazil and strategies to bank the unbanked. The team also made a presentation at the Canada FinTech Summit this week. For the latest Sentivate development updates click here, here, here and here. SelfKey’s $KEY token was listed on Kyber Network this week. Read more details here. The team opened up an AMA questionnaire form for the community. AMA date not decided yet. They are also hiring currently. Apply if you’re up for it. SimpleSwap listed $KEY and joined SelfKey’s Crypto Exchange Marketplace. To learn more about Constellation’s ERC20 to mainnet $DAG swap, click here. COTI crew sat down for an AMA with KuCoin this week. The KuCoin staking campaign (announced last week) reached its cap within 5 minutes of opening up. If you were hoping to be a mode operator, hope you reached out to the team on time. To read the fee policy, click here. $COTI will be listed on Coinbit next week. Main registration for Staking 2.0 was started.
The Hypedia mockups look great!
Pynk is now SEIS/EIS approved which entitles investors in its fundraise round to tax benefits. Wibson hosted an online meetup with Crypto Resources Academy for their Spanish community. This was followed by an ETHSantiago meetup to discuss data privacy. Harmony founder Stephen Tse was part of a Miami DevCon Fintech panel to talk about DeFi and blockchain in finance. Also, congratulations on becoming the top blockchain project by GitHub activity. Stake Heist was formally opened with bounties to find bugs in the Open Staking Testnet Network and build stuff on it for some sweet $ONE. Delegators were also invited to test the staking dashboard in return for $ONE prizes. Watch more about it here. $ONE got listed on WazirX. Ankr published a comprehensive Open Staking node setup guide. Another major announcement this week was that a chunk of block rewards from staking in the phase 2 testnet will be converted to mainnet $ONE. Woohoo! Click here for an early sneak peek into the new IntelliShare website. A quick introduction of the testnet Pacific Program was also released. In his latest article, GET Protocol CEO Maarten Bloemers expanded on the significance of contactless ticketing in the post-coronavirus world. The article was an excerpt from the team’s submission to the Dutch Ministry of Public Health, Welfare and Sport to explore possible opportunities. Maarten was interviewed by HKB News of Korea where talked about all things GET. Their crowd management solution was featured on Cointelegraph as well.

And with that, we have to say Bye for now. See you again with another update. Cheerio!
submitted by abhijoysarkar to ParachuteToken [link] [comments]

Officials arrest 338 worldwide in dark web child porn bust [Resolved]

This may not be tied to a specific mystery or case discussed on this sub, but it goes along with several posts about the FBI's ECAP (Endangered Child Alert Program) (https://www.fbi.gov/wanted/ecap) and other efforts to identify perpetrators, abusers, and locations/items that have been posted here over the years. (I won't link to them, but you can find them by searching for "ECAP" in this sub. Be warned that, while the images on the ECAP website have been censored and not all are of images of perpetrators in child abuse situations, some are still very suggestive and disturbing to view.)
While the subject matter is horrible to think about, some suspects/persons of interest and other adults whose faces appear in pornographic materials with children or associated with such materials have been identified as a result of the ECAP program, so I think it's worth discussing and, for those who are able, reviewing the images to see if any individuals or locations/items look familiar.
I found the process cited in the article below interesting and the arrests and recovery of some children hopeful. I thought some of you might be interested, too.

https://www.aljazeera.com/news/2019/10/officials-arrest-338-worldwide-dark-web-child-porn-bust-191016191314375.html
The article text below is directly lifted from the article linked above.

Officials arrest 338 worldwide in dark web child porn bust

The website relied on the bitcoin cryptocurrency to sell access to videos depicting child sexual abuse.
Law enforcement officials said on Wednesday they had arrested hundreds of people worldwide after knocking out a South Korea-based dark web child pornography site that sold gruesome videos for digital cash.
Officials from the United States, the UK and South Korea described the network as one of the largest child pornography operations they had encountered to date.
Called Welcome To Video, the website relied on the bitcoin cryptocurrency to sell access to 250,000 videos depicting child sexual abuse, authorities said.
Officials have rescued at least 23 underage victims in the US, the UK and Spain who were being actively abused by users of the site, the US Justice Department said. Many children in the videos have not yet been identified.
The site's vast library - nearly half of it consisting of images never seen before by law enforcement - is an illustration of what authorities say is an explosion of sexual abuse content online. In a statement, the UK's National Crime Agency said officials were seeing "increases in severity, scale and complexity".
Welcome To Video's operator, a South Korean named Jong Woo Son, and 337 users in 12 different countries, have been charged so far, authorities said.
Son, currently serving an 18-month sentence in South Korea, was also indicted on federal charges in Washington, DC.
Several other people charged in the case have already been convicted and are serving prison sentences of up to 15 years, according to the US Justice Department.
Welcome To Video is one of the first websites to monetise child pornography using bitcoin, which allows users to hide their identities during financial transactions.
Users were able to redeem the digital currency in return for "points" that they could spend downloading videos or buying all-you-can watch "VIP" accounts. Points could also be earned by uploading fresh child pornography.
"These are the bottom feeders of the criminal world," said Don Fort, chief of criminal investigation at the US Internal Revenue Service, which initiated the investigation.
The US Justice Department said the site collected at least $370,000 worth of bitcoin before it was taken down in March 2018 and that the currency was laundered through three unnamed digital currency exchanges.
Darknet websites are designed to be all-but-impossible to locate online. How authorities managed to locate and bring down the site is not clear, with differing narratives by different law enforcement organisations on the matter.
Fort said the investigation was triggered by a tip to the IRS from a confidential source. However, the UK's National Crime Agency said they came across the site during an investigation into a British academic who in October 2017 pleaded guilty here to blackmailing more than 50 people, including teenagers, into sending him depraved images that he shared online.
In a statement, British authorities said the National Crime Agency's cybercrime unit deployed "specialist capabilities" to identify the server's location. The NCA did not immediately return an email seeking clarification on the term, which is sometimes used as a euphemism for hacking.
The US Justice Department gave a different explanation, saying that Welcome To Video's site was leaking its server's South Korean internet protocol address to the open internet.
Experts pointed to the bust as evidence that the trade in child abuse imagery could be tackled without subverting the encryption that keeps the rest of the internet safe.
Officials in the US and elsewhere have recently started prodding major technology firms here to come up with solutions that could allow law enforcement to bypass the encryption that protects messaging apps such as WhatsApp or iMessage, citing the fight against child pornography as a major reason.
Welcome to Video's demise "is a clear indication that in cases like this, where there's very low-hanging fruit, breaking encryption is not required," said Christopher Parsons, a senior research associate at Citizen Lab, based at the University of Toronto's Munk School of Global Affairs.
He said the bust showed that law enforcement could also track criminal activity that employs cryptocurrency transactions.
"There's a lot of a people who have this perception that bitcoin is totally anonymous," Parsons said, "and it's been the downfall of many people in many investigations."

Edited to add: This is a great informative page about sexual abuse imagery of children, including statistics and information about what the NCMEC is doing to help combat it: http://www.missingkids.com/theissues/sexualabuseimagery
submitted by lisagreenhouse to UnresolvedMysteries [link] [comments]

Swipe 2020 Mid-Year Report

Swipe 2020 Mid-Year Report

https://preview.redd.it/69em74riec951.jpg?width=1280&format=pjpg&auto=webp&s=d281a6cad70d72293091ef33f75cfd32d27a9b36
I. Brief
The first half of 2020 has shown the activeness of the Swipe team to keep its mission of enabling millions of people to access and spend crypto come to life. From mobile payment partnerships, additional trading partners, service enhancements, and up to monthly giveaways and educational posts, our team continuously strives its best to deliver quality service to the community.
As a newcomer in the industry, we have placed ourselves on the right track by starting this year with the announcement of the integration of Apple Pay on the Swipe mobile application. Since then, we’ve also added more mobile payment options on our app by partnering with Google Pay and Samsung Pay.
We started to roll out our aggressive marketing campaigns and giveaways by creating engaging content and announcing various contests that gathered a significant increase in our engagements and impressions. We also relaunched our redesigned website and added more information about our products and services.
Our journey to bring cryptocurrency to mass adoption is far from over. There will always be hurdles on the road ahead of us, but we see it as a challenge that will take us at a place full of opportunities for cryptocurrency growth and innovation.
II. Reliable solutions amidst pandemic
The world currently faces an unprecedented disruption as it currently finds solutions to fight off the COVID-19 pandemic. This pandemic not only produced serious health risks but also made a huge impact on the global economy and forced traditional financial services to adapt sudden changes to their system. This, in turn, led to a sudden shift in the usage of digital financial services that helps people make transactions easier wherever they are.
Our team believes that in times like this, we have to provide the community with solutions to mitigate the risks of being infected with the disease. In April, we announced the limit increase for our pin-less NFC tap payments, and by the end of that month, we’ve added Samsung Pay on the roster of our mobile payment partners. These small steps that we are taking day by day show that aside from being a crypto service provider, we also value the needs and safety of our clients.

https://preview.redd.it/zjemscskec951.jpg?width=1280&format=pjpg&auto=webp&s=8c1ac93f510155b650d698ad7436c3be3022b5a0
II. Strategic Partnerships with Trusted Mobile Payment
Swipe has continuously expanded its features and reach over the course of its inception. This year, we have sealed notable partnerships with mobile payment solutions such as Apple Pay, Google Pay, and Samsung Pay to increase the options of our users to buy and spend cryptocurrencies.
As a mobile crypto wallet application, available on both iOS and Android devices, we believe in finding continuous possibilities of expanding our service features. We are fully committed to bringing easier access to cryptocurrency buying and spending through our products.
III. Increasing Trading Partners and Coin Inclusion
Our native cryptocurrency, Swipe Token (SXP), has also been added to four new crypto trading exchanges, namely, Uniswap Exchange, Bithumb, DigiFinex, and BQ.Net. This move was made for crypto investors to get access and trade SXP(which as of writing has a circulating supply of 65,982,752 SXP) easily on reliable and reputable exchanges.
We are reviewing our market movements regularly and we’ve seen that some exchanges were SXP is listed showed signs of poor security, fake volumes, or extremely low liquidity. This made us decide to quickly make a delisting request on these exchanges and only retain the ones we view to be reliable. At present SXP is listed on Bilaxy, Kucoin, DigiFinex, Uniswap, Bithumb Global, BQ.Net, CoinTiger, Bittrex, Bithumb, and IDEX.
We’ve also sealed partnerships with Vision Crypto App and VCC Exchange to include SXP on their list of supported cryptocurrencies. Vision and VCC Exchange users can now start adding SXP on their portfolio and wallet and start trading SXP/BTC, respectively.
IV. Enhancing Features: Swipe Wallet App Updates
In March and April of this year, we’ve announced the integration of the $DAI stablecoin, $TRX (Tron), $ARK, and USDC on the Swipe wallet platform. This move gives our users more cryptocurrency choices in the app where they can buy and sell via their linked bank account or cards, spend it to fiat using Swipe Visa, and exchange these coins instantly with all the supported coins in the Swipe Wallet platform.
Also, as we commit to deliver a reliable, convenient, and secured mobile crypto experience to our users, last May and June we made two system updates (v1.37 and v1.4) on our application to fix some bug issues, upgrade app features and enhance the Swipe mobile interface.
V. Waiving Fees for Swipe Visa Card
We are committed to helping the crypto community, especially in these difficult times. Following the Financial Conduct Authority’s (FCA) order for Wirecard UK to cease activities, some cryptocurrency users are left in limbo as to what will happen to their crypto card related services.
This incident did not affect Swipe Visa card operations as it is not connected with Wirecard. In fact, Swipe Chief Executive Officer (CEO) Joselito Lizarondo quickly offered free Swipe Visa card orders to all those who wish to migrate from their previous cards to Swipe. At present, Swipe offers free order and shipping of its Visa card in the United Kingdom and European Union countries.
On top of these, the removal of all fiat in fees for all verified users was also announced last March 15. Verified users can top-up their Swipe Wallet account with USD, EUR, GBP, and more for free. Swipe commits itself to assist the community when needed. Though our sources may not be as big compared to our competitors, we believe in valuing and preserving the industry that brought us to where we are now.
VI. Giving Back to the Community
Part of our marketing strategy to introduce cryptocurrency and also our services is to host various giveaway programs on our social media pages. We’ve launched our #SATSBACK program where we reward our users is in the original cryptocurrency that started it all: Bitcoin (BTC).
Since January of this year, we launched five giveaway programs on Twitter and Telegram offering up to $100 in BTC to participants. Last February 12, Swipe has partnered with KuCoin and gave away $200,000 in SXP to the top bounty participants.
VII. Cryptocurrency and Fintech Literacy
Part of our company’s initiative is to educate its future and existing users of anything and everything about crypto and financial technology. Last May, we launched the “Learn with Swipe: Your Essential Guide to Cryptocurrencies and Financial Technology” blog project. These series of blog posts aim to share the team’s knowledge in crypto and fintech and encourage new and existing crypto users to continue learning their way in the industry.
VIII. Final Thoughts
We are still paving our way to the crypto industry. Over the first six months of 2020, we tried our best to deliver better cryptocurrency experience to our users. Though there are setbacks caused by the ongoing global pandemic, we are blessed to know that you still continue to support our project and goals.
The majority of us are still uncertain of what will happen in the next half of 2020. But for sure, challenges will not hinder our team to develop and provide innovations and solutions for a better crypto managing experience.

https://preview.redd.it/6wgeygenec951.png?width=827&format=png&auto=webp&s=f9f55f284c399d34fa2af3267e30658631aad03b
This article is also posted at https://sw.pe/swipemidyear2020
submitted by SwipeWallet to Swipe_io [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)

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Bitcoin Evolution Review 2020, Scam or Legit- The results of $250 Bitcoin Trader Review - BUSTED Crypto SCAM Exposed! (DON'T ... Bitcoin Evolution Review - Scam? Bitcoin Evolution Review 2020: Legit or Scam? Live Results Bitcoin Loophole Review, Scam Or Legit - The Ultimate Results Of $250 Trading

Bitcoin Code Review. The first thing to look at when analyzing a trading software, is the website address. If you look at the address bar, you will probably see a weird domain name, with hyphens. There are literally 25 different websites, all claiming to be the real Bitcoin Code, but they are all just a scam! Bitcoin Trader is automated trading software that makes it easy to trade Bitcoin and other digital assets and to make a profit in the process. The Bitcoin Trader is a leader in this space as it makes it possible for both novice and experienced users to trade Bitcoin and other cryptos with ease. Bitcoin Evolution has proved to be a reliable robot for trading Bitcoin and many other cryptocurrencies. It can also trade major currency pairs. The robot claims to generate 99.4% win-rate and the developers said it can generate thousands of dollars per day from a minimum investment of $250. Bitcoin Code is an award-winning trading app and its latest honor is the UK Trading Association has voted it as number 1 in the trading software category. Even though there is plenty of scam software used around the world, yet the Bitcoin Code is succinctly a reputable tool which is supported by a renowned developer. Bitcoin Code is a bitcoin trading robot that claims to help ordinary traders make huge returns on their bitcoin investment with an investment as little as $250. The robot was founded by Steve

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Bitcoin Evolution Review 2020, Scam or Legit- The results of $250

Sign up to Bitcoin Era today: https://bit.ly/39fk6zK Bitcoin Era is a viral trading bot that helps traders make thousands of dollars trading Bitcoin. The r... bitcoin evolution review uk bitcoin revolution sign up bitcoin usd historical data bitcoin usd historical chart ... bitcoin evolution trading bitcoin evolution testimonials bitcoin loophole uk review bitcoin loophole uk website ... Bitcoin Trading Reviews 100 views. 8:04. Bitcoin Loophole Review - Dangerous SCAM Exposed (DONT Waste your Money) - Duration: 5:15. bitcoin evolution review uk bitcoin revolution sign up bitcoin usd historical data bitcoin usd historical chart ... bitcoin evolution trading bitcoin evolution testimonials The Bitcoin Code Review - http://MentorWithNick.com https://www.facebook.com/groups/126439628047129/ https://facebook.com/mentorwithnick https://instagram.co...

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