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Brief Comments on Goguen: Q4 2020, Q1 2021, utility, Marlowe, DSL, Glow, Plutus, IELE, smart contracts, thanksgiving to you, sidechains and Hydra, Goguen rollout and additions to product update
The biggest announcement of the month was the new kind of decentralized exchange proposed by @jy-p of Company 0. The Community Discussions section considers the stakeholders' response. dcrd: Peer management and connectivity improvements. Some work for improved sighash algo. A new optimization that gives 3-4x faster serving of headers, which is great for SPV. This was another step towards multipeer parallel downloads – check this issue for a clear overview of progress and planned work for next months (and some engineering delight). As usual, codebase cleanup, improvements to error handling, test infrastructure and test coverage. Decrediton: work towards watching only wallets, lots of bugfixes and visual design improvements. Preliminary work to integrate SPV has begun. Politeia is live on testnet! Useful links: announcement, introduction, command line voting example, example proposal with some votes, mini-guide how to compose a proposal. Trezor: Decred appeared in the firmware update and on Trezor website, currently for testnet only. Next steps are mainnet support and integration in wallets. For the progress of Decrediton support you can track this meta issue. dcrdata: Continued work on Insight API support, see this meta issue for progress overview. It is important for integrations due to its popularity. Ongoing work to add charts. A big database change to improve sorting on the Address page was merged and bumped version to 3.0. Work to visualize agenda voting continues. Ticket splitting: 11-way ticket split from last month has voted (transaction). Ethereum support in atomicswap is progressing and welcomes more eyeballs. decred.org: revamped Press page with dozens of added articles, and a shiny new Roadmap page. decredinfo.com: a new Decred dashboard by lte13. Reddit announcement here. Dev activity stats for June: 245 active PRs, 184 master commits, 25,973 added and 13,575 deleted lines spread across 8 repositories. Contributions came from 2 to 10 developers per repository. (chart)
Hashrate: growth continues, the month started at 15 and ended at 44 PH/s with some wild 30% swings on the way. The peak was 53.9 PH/s. F2Pool was the leader varying between 36% and 59% hashrate, followed by coinmine.pl holding between 18% and 29%. In response to concerns about its hashrate share, F2Pool made a statement that they will consider measures like rising the fees to prevent growing to 51%. Staking: 30-day average ticket price is 94.7 DCR (+3.4). The price was steadily rising from 90.7 to 95.8 peaking at 98.1. Locked DCR grew from 3.68 to 3.81 million DCR, the highest value was 3.83 million corresponding to 47.87% of supply (+0.7% from previous peak). Nodes: there are 240 public listening and 115 normal nodes per dcred.eu. Version distribution: 57% on v1.2.0 (+12%), 25% on v1.1.2 (-13%), 14% on v1.1.0 (-1%). Note: the reported count of non-listening nodes has dropped significantly due to data reset at decred.eu. It will take some time before the crawler collects more data. On top of that, there is no way to exactly count non-listening nodes. To illustrate, an alternative data source, charts.dcr.farm showed 690 reachable nodes on Jul 1. Extraordinary event: 247361 and 247362 were two nearly full blocks. Normally blocks are 10-20 KiB, but these blocks were 374 KiB (max is 384 KiB).
Update from Obelisk: shipping is expected in first half of July and there is non-zero chance to meet hashrate target. Another Chinese ASIC spotted on the web: Flying Fish D18 with 340 GH/s at 180 W costing 2,200 CNY (~340 USD). (asicok.com – translated, also on asicminervalue) dcrASIC team posted a farewell letter. Despite having an awesome 16 nm chip design, they decided to stop the project citing the saturated mining ecosystem and low profitability for their potential customers.
Changenow announced the option to buy DCR with fiat.
TokenPride: "We are seeking feedback on the general setup of our payment processor. We have tried to make it simple and user friendly. 10% of all purchases made in Decred will be donated to the Decred Development fund - and we will be releasing original Decred designs in the future".
BlueYard Capital announced investment in Decred and the intent to be long term supporters and to actively participate in the network's governance. In an overview post they stressed core values of the project:
There are a few other remarkable characteristics that are a testament to the DNA of the team behind Decred: there was no sale of DCR to investors, no venture funding, and no payment to exchanges to be listed – underscoring that the Decred team and contributors are all about doing the right thing for long term (as manifested in their constitution for the project). The most encouraging thing we can see is both the quality and quantity of high calibre developers flocking to the project, in addition to a vibrant community attaching their identity to the project.
The company will be hosting an event in Berlin, see Events below. Arbitrade is now mining Decred.
Campus Party in Brasilia, Brazil. @girino, @Rhama and @matheusd talked about Decred. Matheus was interviewed by a TV channel. Check this quick report about the event, click "Show newer" to continue reading. (photos: 123)
Blockchain Summit in London, UK. This was not a full blown presence with stand but rather investigation of opportunities by @kyle and @Ani. The resulting detailed report is a good example of a document advising to stakeholders whether it is worth spending project funds.
Meetup in Berlin, Germany on July 18. @jz will give a talk and Q&A about Decred and chat with Ele from @oscoin about incentivizing developers. Hosted by BlueYard Capital.
Hey guys! I'd like to share with you my latest adventure: Stakey Club, hosted at stakey.club, is a website dedicated to Decred. I posted a few articles in Brazilian Portuguese and in English. I also translated to Portuguese some posts from the Decred Blog. I hope you like it! (slack)
Decred Assembly - Ep20 - Governance: Driving the Future (youtube) @cburniske and @traceagain discuss the importance of governance protocols being foundational and problems with delegated proof of stake
"I think that developers in the future are going to base their decision on where to build on the basis of governance and community. And so I look for good governance mechanisms and strong communities in blockchains." (@decredproject)
What is on-chain cryptocurrency governance? Is it plutocratic? by Richard Red (medium)
Apples to apples, Decred is 20x more expensive to attack than Bitcoin by Zubair Zia (medium)
What makes Decred different and better from other cryptocurrencies? (cxihub.com)
Community stats: Twitter followers 40,209 (+1,091), Reddit subscribers 8,410 (+243), Slack users 5,830 (+172), GitHub 392 stars and 918 forks of dcrd repository. An update on our communication systems:
Matrix chat logs are nowviewable on the web with the exception of some channels that are not bridged. The new web logs means our chats are now fully public and indexed by search engines.
Slack had an outage on Jun 27 that disturbed communications for a few hours, discussions continued on Decred's bridged platforms.
Jake Yocom-Piatt did an AMA on CryptoTechnology, a forum for serious crypto tech discussion. Some topics covered were Decred attack cost and resistance, voting policies, smart contracts, SPV security, DAO and DPoS. A new kind of DEX was the subject of an extensive discussion in #general, #random, #trading channels as well as Reddit. New channel #thedex was created and attracted more than 100 people. A frequent and fair question is how the DEX would benefit Decred. @lukebp has put it well:
Projects like these help Decred attract talent. Typically, the people that are the best at what they do aren’t driven solely by money. They want to work on interesting projects that they believe in with other talented individuals. Launching a DEX that has no trading fees, no requirement to buy a 3rd party token (including Decred), and that cuts out all middlemen is a clear demonstration of the ethos that Decred was founded on. It helps us get our name out there and attract the type of people that believe in the same mission that we do. (slack)
Another concern that it will slow down other projects was addressed by @davecgh:
The intent is for an external team to take up the mantle and build it, so it won't have any bearing on the current c0 roadmap. The important thing to keep in mind is that the goal of Decred is to have a bunch of independent teams on working on different things. (slack)
A chat about Decred fork resistance started on Twitter and continued in #trading. Community members continue to discuss the finer points of Decred's hybrid system, bringing new users up to speed and answering their questions. The key takeaway from this chat is that the Decred chain is impossible to advance without votes, and to get around that the forker needs to change the protocol in a way that would make it clearly not Decred. "Against community governance" article was discussed on Reddit and #governance. "The Downside of Democracy (and What it Means for Blockchain Governance)" was another article arguing against on-chain governance, discussed here. Reddit recap: mining rig shops discussion; how centralized is Politeia; controversial debate on photos of models that yielded useful discussion on our marketing approach; analysis of a drop in number of transactions; concerns regarding project bus factor, removing central authorities, advertising and full node count – received detailed responses; an argument by insette for maximizing aggregate tx fees; coordinating network upgrades; a new "Why Decred?" thread; a question about quantum resistance with a detailed answer and a recap of current status of quantum resistant algorithms. Chats recap: Programmatic Proof-of-Work (ProgPoW) discussion; possible hashrate of Blake-256 miners is at least ~30% higher than SHA-256d; how Decred is not vulnerable to SPV leaf/node attack.
DCR opened the month at ~$93, reached monthly high of $110, gradually dropped to the low of $58 and closed at $67. In BTC terms it was 0.0125 -> 0.0150 -> 0.0098 -> 0.0105. The downturn coincided with a global decline across the whole crypto market. In the middle of the month Decred was noticed to be #1 in onchainfx "% down from ATH" chart and on this chart by @CoinzTrader. Towards the end of the month it dropped to #3.
Please note: we will not accept any kind of payment to list an asset.
Bithumb got hacked with a $30 m loss. Zcash organized Zcon0, an event in Canada that focused on privacy tech and governance. An interesting insight from Keynote Panel on governance: "There is no such thing as on-chain governance". Microsoft acquired GitHub. There was some debate about whether it is a reason to look into alternative solutions like GitLab right now. It is always a good idea to have a local copy of Decred source code, just in case. Status update from @sumiflow on correcting DCR supply on various sites:
To begin with, none of the below sites were showing the correct supply or market cap for Decred but we've made some progress. coingecko.com, coinlib.io, cryptocompare.com, livecoinwatch.com, worldcoinindex.com - corrected! cryptoindex.co, onchainfx.com - awaiting fix coinmarketcap.com - refused to fix because devs have coins too? (slack)
About This Issue
This is the third issue of Decred Journal after April and May. Most information from third parties is relayed directly from source after a minimal sanity check. The authors of Decred Journal have no ability to verify all claims. Please beware of scams and do your own research. The new public Matrix logs look promising and we hope to transition from Slack links to Matrix links. In the meantime, the way to read Slack links is explained in the previous issue. As usual, any feedback is appreciated: please comment on Reddit, GitHub or #writers_room. Contributions are welcome too, anything from initial collection to final review to translations. Credits (Slack names, alphabetical order): bee and Richard-Red. Special thanks to @Haon for bringing May 2018 issue to medium.
5 most promising Altcoins for long-term investments | Coinscapture
After the success of Bitcoin and the rise in the price of the first-ever cryptocurrency, many new coins were developed in cryptoworld. In simple words, any coin other than bitcoin is termed as “Altcoins”. These coins are created by tweaking the Bitcoin's or any other existing cryptocurrencies protocol. In the growing world of cryptocurrency, there are more than 3000 cryptocurrencies which came into existence and so it is a tough job to choose the right Altcoin to invest in it. Here are the 5 most promising Altcoins that can help you to narrow your search. Disclaimer: This guide should not be considered as financial advice. It is highly recommended to do appropriate market research before any investments.
After the successful launch of Bitcoin, Litecoin was the next one to enter the Cryptoworld in 2011. Charlie Lee - a computer scientist created Litecoin by making some technical changes in the bitcoin’s source-code and made it the fastest peer-to-peer currency that enabled instant, near-zero cost payments to anyone across the world. Also, litecoin has a total supply of 84 million with an average block mining time of 2.5 minutes.
Reasons why to choose Litecoin as a Long-Term Investment
Improved: Litecoin algorithm is generally easier to mine but difficult to crack The bitcoin mining is highly processed intensive requiring, application-specific integrated circuit devices with high processing capabilities, while Litecoin mining is memory-intensive requiring less cost-intensive graphics processing units (GPU).
Faster block-processing rate: The technical changes done on Bitcoin’s source-code allows Litecoin to processes a block at a much faster rate and giving out rewards to the miner faster in every 2.5 minutes as compared to Bitcoin which processes a block in every 10 minutes. Litecoin network have more capacity to handle the transactions than bitcoin's network
SegWit upgrade: Litecoin's SegWit upgrade boost the capacity of the number of transactions a block can hold in litecoin's blockchain, thereby speeding up the transaction settlement times and lowering transaction costs.
Higher trading volume: The trading of Litecoin has begun since 2011 and since then it was in the top 10 list of coins. The popularity of Litecoins is so much that you won't face any problem selling them in the future which brings less fear of having risk as compared to other new coins.
Ethereum is the second-largest digital currency introduces Vitalik Buterin in late 2015. It has been a popular choice in many industries as its cool feature named Smart Contracts helps developers to build decentralized applications (dApps) on top of its (i.e. Ethereum's) blockchain which helps to avoid fraud, downtime, and control or interference from a third party. Ethereum can also be used for banking and financial service contracts, ICOS, prediction markets, replacing escrow, identity management. The Enterprise Ethereum Alliance founded in 2017 has over 200 organizations that are testing on various versions of Ethereum's blockchain in different industries. Ethereum has a circulating supply of 106,376,346 ETH, the market capitalization of $26,307, 580,992 and faster transaction of 6 minutes as compared to Bitcoin.
Reasons why to choose Ethereum as a Long-Term Investment
Multi-purpose usage- Other than trading Ethereum can be used for ICOs, prediction markets, building tokens and many more ways that very few cryptocurrencies can do as good as Ethereum.
Safety: The apps built on Ethereum’s blockchain termed as dApps or decentralized apps are significantly safer and more resistant to hacking than the software you use now.
Smart contracts: The smart contract feature offers significant business benefits over more traditional conventional forms of cloud computing and transaction-clearing.
Initial Coin Offerings: Ethereum is used ICOs (Initial Coin Offerings) that means it acts as a launchpad for new tokens which thereby makes it a valuable platform and price will increase with its use.
Ripple is the hot choice in banking and financial institutions as it can be used as an intermediary for quick transaction-processing and settlement service; allowing to transact directly and instantly across national borders. XRP currently has a fast transaction processing time of about 4 seconds and a cheap transaction fee about $0.004 per transaction (which is less than half a cent). It has a circulating supply of 42,181,995,112 and a market capitalization of around 17 billion USD.
Reasons why to choose Ripple as a Long-Term Investment
Well distributed: Ripple is an open-source technology, built on the principles of blockchain with an increasing set of validators.
Highly Scalable: XRP has the potential to handle 1,500 transactions per second, 24x7, and can scale to deal with a similar throughput as Visa.
Highly Stable: The most stable record of Ripple makes it ready for institutional and enterprise use.
Global Bank partners: Ripple has partnered with over 100 banks like Bank of America, UBS, Standard Chartered, Barclays, JP Morgan, Santander, and American Express.
Stellar offers the fastest and the cheapest online payment and cross-border payment services as compared to the other large companies. Also, it does not use proof of work verification which is time and energy consuming which allows processing a transaction in approx 5 seconds. It has a market capitalization of $2,378,213,121 and a circulating supply of 19.331,689,641.
Reasons why to choose Stellar as a Long-Term Investment
Low-cost transactions: Stellar’s payment protocol prioritizes profit, the low transaction time and high operational efficiency translates to a lower cost of transactions.
Currency exchanger: Stellar’s platform also acts as a currency exchanger between government-backed currencies, such as dollars to euros.
Creating tokens: Launching a token on the Stellar platform is super easy because of the simple programming.
Tech elements: Stellar can integrate with elements such as blockchain smart contracts, and multi signatures that enhances the functionality of the payment protocol
Binance coin is the official coin of the Binance platform that offers a stage for trading cryptocurrencies. Binance is soon launching its own decentralized exchange, Binance DEX that would be available on all platforms, such as Windows, Linux, Mac OS, iOS and Android. BNB has a market capitalization of 4 billion USD and a circulating supply of 141,175,490.
Reasons why to choose Binance Coin a Long-Term Investment
Discounts: BNB can be used not only to pay сommissions for transactions on the exchange and also to get additional discounts for each purchase and exchange via Binance
Team: BNB has a great team that is ambitious and experienced in the cryptocurrency world
Referrals: BNB coin offers a smart referral scheme which attracts many users and thereby grows the platform’s adoption
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StrataMiner is now released for beta testing. Looking for a few brave miners. Go to strataminer.com to learn and install. I'll be answering any questions here today. For technical support, please email me at [email protected]. Tell me what operating system you're on in the email message. Features Windows and Linux - Made for both. Client and Control Center don't need to be on the same OS either. Profit Switching - Flip the switch and you'll always be mining the best currency for each device. Any pool - StrataMiner works with any pool using a standard stratum protocol. Web Portal - Control your rigs from anywhere on the planet with an internet connection. 24 coins and counting - AEON, Bitcoin Gold, Denarius, Ethereum, Ethereum Classic, GoByte, Groestlcoin, HUSH, Komodo, LOKI, Monacoin, Monero, MusicCoin, Pirl, Quantum Resistant Ledger, Ravencoin, Trezarcoin, Ubiq, Verge, Vertcoin, Vivo, ZCash, ZClassic, Zen. More coming. Exchange address generation - StrataMiner can generate deposit addresses on your Cryptopia and Bittrex accounts. Once your crypto hits your exchange, you can easily exchange for 100s of others. More exchanges coming soon. One-click updates - No installers required for updates of mining core software. Stay up-to-date through Control Center with a single click. Community features - With pool sharing enabled, you become part of a community working to ensure pools are always available and trustworthy. This service is part of StrataMiner's commitment to decentralized mining. Hashrate verification - StrataMiner's proprietary Adaptive Proxy technology enables auditing of pool communications to verify that hashrate reports match share submission statistics. In other words, StrataMiner makes sure everybody is being honest. Familiar miner cores - Ethminer, Claymore Miner, CCMiner, EWBF, XMR-Stak Automatic network configuration - The Control Center and Client know how to find each other. Turn them on and go. Email notifications - Requires Gmail. Receive an email if something's not right. The messaging is still a little rudimentary. Low fees - 0.5% for development. Miner cores and pools may have additional fees. Earnings tracking - Earnings estimations are tracked over time. Earnings are recorded in both USD and crypto. Market data - Up to date market information for each currency, including market capitalization, price, and 24-hour change. Open source software - The Control Center is open-source and written in Python 3. See pystrata on github if you're interested in fiddling with the code. What you get for your fee New miners and algorithms - New stable miners will be incorporated based on community desire. Strataminer tracks algorithm changes and blockchain forks for you, so you'll always have working software, if available. New coins - Many can be added within hours of receiving a request. No software updates required. New features - The feature set will be improved based on community feedback. This is only the beginning. Technical support - Development fees enable StrataMiner to respond to issues and fix bugs quickly and continuously. StrataMiner API - New coin data, new mining software, and some market data come from the StrataMiner API. An obvious drawback is that you'll need an address for each currency that you want to mine. If you have Cryptopia and Bittrex accounts, you can use auto-generation to make addresses for all but 4 of the supported currencies (XMR, AEON, LOKI, QRL). I'll work on integrating Binance, CoinExchange, and HitBTC next. The Coinomi mobile wallet can also get you 16 of the 24 supported currencies. You'll need pretty fresh drivers, partly for StrataMiner and partly for the miner cores, i.e. Ethminer, ... I actually expect to ease up on StrataMiner's driver requirements a little, but you'll still want to keep fresh drivers for the mining software updates, as they come. On request, I've lowered the driver requirements for StrataMiner itself, but if you don't have the newest drivers, you may not be able to use Ethminer. You can still use Claymore for Ethash though. Minimum drivers are now >= 385.54 on Windows, >= 384.81 on Linux. StrataMiner is not affiliated with or sponsored by any exchange, any pool, any other website, or any other software vendor.
General info and list of exchanges for FantasyGold
Sports Betting and Esports Cryptocurrency FGC SPECS WHY FGC? MASTERNODES BUY FGC WALLETS OUR TEAM NEWS EXPLORER WHITE PAPER AFFILIATE PROGRAM CONTACT BITCOIN MEETS FANTASY SPORTS & ESPORTS FANTASY GOLD Fantasy Gold is the official crypto currency for the $7 Billion Fantasy Sports industry with decentralized Masternodes to power InstantSend and PrivateSend functions. FANTASY GOLD SPECS PEER TO PEER CRYPTO FANTASY SPORTS THE PROBLEM Daily Fantasy Sports sites earn a 10% commission for each contest, however credit card processing is as high as 5%…cutting profits in half. Player Deposits can be frozen or worse stolen. Combined with the risk of Fraudulent Deposits & Charge Backs, a more secure and cost effective solution is needed. THE SOLUTION To solve these & other problems we have created Fantasy Gold. Our coin is more secure for both the end user & fantasy sports sites. Transaction costs are drastically lowered. With our Blockchain & open ledger, players can be confident their deposited funds are safe & are used only to payout prize pools. Ticker FGC Algorithm NIST5 Type POW / POS Max Coin Supply 21,000,000 Target Spacing 90 Seconds Block Reward 47 FGC What is Fantasy Gold? Fantasy Gold is a peer to peer crypto currency and blockchain serving the $7Billion fantasy sports industry in both the B2B and B2C spaces as well as the $1.5 billion competitive eSports industry. Fantasy Gold acts as in-game currency used to enter contests and pay prizes as well as a payment processing network. Fantasy Gold Coin is more secure for both the end user and fantasy sports sites. Transaction costs are fractions of a penny and our blockchain and open ledger players can be confidant their deposited funds are safe and used only to pay out prize pools. Unlike using traditional centralized payment processing the Fantasy Gold project does not charge any addition transaction or service fees to use the payment network. Senders pay a small transaction fee that is awarded to miners who process the transactions and Masternodes who verify the transactions. Anyone with access to standard desktop graphics cards can act as a miner and anyone who holds 10,000 Fantasy Gold coins can run a Masternode on a basic VPS server or even a Raspberry Pi. Fantasy Sports Fantasy Gold will host daily fantasy sports contests on its own branded site DraftDaily.com using the Company’s proprietary Daily Fantasy Sports (“DFS”) platform. DraftDaily.com allows users compete against one another to win prizes awarded in Fantasy Gold Coin (FGC). The site currently offers daily and weekly fantasy sports contests for the following sports leagues: NFL, MLB, NBA and NHL. We anticipate lunching Fantasy Cricket in May 2018 followed by Fantasy Soccer. Esports eSports tournaments and 1v1 contests will be hosted on the Company’s proprietary eSports platform, FGCArena.com. Fantasy Gold will hold monthly live tournament events starting in May 2018 in Las Vegas with a minimum of 300,000 expected viewers per event. Fantasy Gold Coin will be the in game currency used for tournament entries and prize pools. Live events may also include additional cash prizes provided by sponsors and from crowd sourcing. FantasyGold has partnered with Millennial eSports to organize the events to be held at their eSports Arena in Las Vegas. FantasyGold Masternodes Masternodes help secure the Fantasy Gold network by making it more decentralized, providing a consensus for every transaction. Masternodes are nodes (servers) that run the Fantasy Gold wallet software that provide additional services to the network including instant and private transactions. However the one of the more important features are decentralized community governance and budgeting systems and the ability to publish immutable proposals to the community with the means to vote on proposals. For providing these important services, Masternode owners are rewarded a portion of each block. Block Rewards will be split between POS and Masternodes as follows: 20% POS / 80% Masternodes The block reward is 90% to Masternodes and 10% to Miners. After block 43200 the reward is split 80% to Masternodes and 20% to staking. Buy FGC & Download a Wallet “Now is the time to buy Fantasy Gold” Fantasy Gold acts as in-game currency used to enter contests and pay prizes as well as a payment processing network. — FANTASY GOLD TEAM Windows Wallet Mac Wallet Linux Wallet FANTASY GOLD DEVELOPMENT TEAM Meet Our Awesome Team Members! Nicolas Hernandez FGC COIN LEAD & DEVELOPER Jason DraftDaily SR. VICE PRES. BUSINESS OP. Alok Kumar Saxena CTO & LEAD WEBSITE DEVELOPER Mark Petrozzella DIRECTOR OF BUSINESS DEVELOPMENT Steven Spooner COMMUNICATIONS DIRECTOR Craig Williams COMMUNITY DIRECTOR Tim Baker FGC Coin Developer Spencer W. GRAPHICS & DESIGN Prince Dwivedi APPLICATION DEVELOPER Kevin Browne EU BUSINESS DEVELOPMENT Colton ESPORTS DIRECTOR LATEST NEWS VIA TWITTER CONTACT US Your name Your email Subject Your message OUR PARTNERS FOLLOW US EXCHANGE LIST Kucoin Binance Bit-Z Bibox Linkcoin Qryptos Bitrue
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