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d down, k up, everybody's a game theorist, titcoin, build wiki on Cardano, (e-)voting, competitive marketing analysis, Goguen product update, Alexa likes Charles, David hates all, Adam in and bros in arms with the scientific counterparts of the major cryptocurrency groups, the latest AMA for all!

Decreasing d parameter
Just signed the latest change management document, I was the last in the chain so I signed it today for changing the d parameter from 0.52 to 0.5. That means we are just about to cross the threshold here in a little bit for d to fall below 0.5 which means more than half of all the blocks will be made by the community and not the OBFT nodes. That's a major milestone and at this current rate of velocity it looks like d will decrement to zero around March so lots to do, lots to talk about. Product update, two days from now, we'll go ahead and talk about that but it crossed my desk today and I was really happy and excited about that and it seemed like yesterday that d was equal to one and people were complaining that we delayed it by an epoch and now we're almost at 50 percent. For those of you who want parameter-level changes, k-level changes, they are coming and there's an enormous internal conversation about it and we've written up a powerpoint presentation and a philosophy document about why things were designed the way that they're designed.
Increasing k parameter and upcoming security video and everybody's a game theorist
My chief scientist has put an enormous amount of time into this. Aggelos is very passionate about this particular topic and what I'm going to do is similar to the security video that I did where I did an hour and a half discussion about a best practice for security. I'm going to actually do a screencasted video where I talk about this philosophy document and I'm going to read the entire document with annotations with you guys and kind of talk through it. It might end up being quite a long video. It could be several hours long but I think it's really important to talk around the design philosophy of this. It's kind of funny, everybody, when they see a cryptographic paper or math paper, they tend to just say okay you guys figure that out. No one's an expert in cryptography or math and you don't really get strong opinions about it but game theory despite the fact that the topics as complex and in some cases more complex you tend to get a lot of opinions and everybody's a game theorist. So, there was enormous amount of thought that went into the design of the system, the parameters of system, everything from the reward functions to other things and it's very important that we explain that thought process in as detailed of a way as possible. At least the philosophy behind it then I feel that the community is in a really good position to start working on the change management. It is my position that I'd love to see k largely increased. I do think that the software needs some improvements to get there especially partial delegation delegation portfolios and some enhancements into the operation of staking especially.
E-voting
I'd love to see the existence of hybrid wallets where you have a cold part a hot part and we've had a lot of conversations about that and we will present some of the progress in that matter at the product updates. If not this October certainly in November. A lot of commercialization going along, a lot of things going on and flowing around and you know, commercial teams working hard. As I mentioned we have a lot of deals in the pipeline. The Wyoming event was half political, half sales. We were really looking into e-voting and we had very productive conversations along those lines. It is my goal that Cardano e-voting software is used in political primaries and my hope is for eventually to be used in municipal and state and eventually federal elections and then in national elections for countries like Ethiopia, Mongolia and other places. Now there is a long road, long, long road to get there and many little victories that have to begin but this event. Wyoming was kind of the opener into that conversation there were seven independent parties at the independent national convention and we had a chance to talk to the leadership of many of them. We will also engage in conversation with the libertarian party leadership as well and at the very least we could talk about e-voting and also blockchain-based voting for primaries that would be great start and we'll also look into the state of Wyoming for that as well. We'll you know, tell you guys about that in time. We've already gotten a lot of inquiries about e-voting software. We tend to get them along with the (Atala) Prism inquiries. It's actually quite easy to start conversations but there are a lot of security properties that are very important like end-to-end verifiability hybrid ballots where you have both a digital and a paper ballot delegation mechanics as well as privacy mechanics that are interesting on a case-by-case basis.
Goguen, voting, future fund3, competitive marketing analysis of Ouroboros vs. EOS, Tezos, Algorand, ETH2 and Polkadot, new creative director
We'll keep chipping away at that, a lot of Goguen stuff to talk about but I'm going to reserve all of that for two days from now for the product update. We're right in the middle, Goguen metadata was the very first part of it. We already have some commercialization platform as a result of metadata, more to come and then obviously lots of smart contract stuff to come. This update and the November update are going to be very Goguen focused and also a lot of alternatives as well. We're still on schedule for an HFC event in I think November or December. I can't remember but that's going to be carrying a lot of things related multisig token locking. There's some ledger rule changes so it has to be an HFC event and that opens up a lot of the windows for Goguen foundations as well as voting on chain so fund3 will benefit very heavily from that. We're right in the guts of Daedalus right now building the voting center, the identity center, QR-code work. All this stuff, it's a lot of stuff, you know, the cell phone app was released last week. Kind of an early beta, it'll go through a lot of rapid iterations every few weeks. We'll update it, google play is a great foundation to launch things on because it's so easy to push updates to people automatically so you can rapidly iterate and be very agile in that framework and you know we've already had 3500 people involved heavily in the innovation management platform ideascale and we've got numerous bids from everything. From John Buck and the sociocracy movement to others. A lot of people want to help us improve that and we're going to see steady and systematic growth there. We're still chipping away at product marketing. Liza (Horowitz) is doing a good job, meet with her two three-times a week and right now it's Ouroboros, Ouroboros, Ouroboros... We're doing competitive analysis of Ouroboros versus EOS, Tezos, Algorand, ETH2 and Polkadot. We think that's a good set. We think we have a really good way of explaining it. David (David Likes Crypto now at IOHK) has already made some great content. We're going to release that soon alongside some other content and we'll keep chipping away at that.
We also just hired a creative director for IO Global. His name's Adam, incredibly experienced creative director, he's worked for Mercedes-Benz and dozens of other companies. He does very good work and he's been doing this for well over 20 years and so the very first set of things he's going to do is work with commercial and marketing on product marketing. In addition to building great content where hope is make that content as pretty as possible and we have Rod heavily involved in that as well to talk about distribution channels and see if we can amplify the distribution message and really get a lot of stuff done. Last thing to mention, oh yeah, iOS for catalyst. We're working on that, we submitted it to the apple store, the iOS store, but it takes a little longer to get approval for that than it does with google play but that's been submitted and it's whenever apple approves it or not. Takes a little longer for cryptocurrency stuff.
Wiki shizzle and battle for crypto, make crypto articles on wiki great again, Alexa knows Charles, Everpedia meets Charles podcast, holy-grail land of Cardano, wiki on Cardano, titcoin
Wikipedia... kind of rattled the cage a little bit. Through an intermediary we got contact with Jimmy Wales. Larry Sanger, the other co-founder also reached out to me and the everpedia guys reached out to me. Here's where we stand, we have an article, it has solidified, it's currently labeled as unreliable and you should not believe the things that are said in it which is David Gerard's work if you look at the edits. We will work with the community and try to get that article to a fair and balanced representation of Cardano and especially after the product marketing comes through. We clearly explain the product I think the Cardano article can be massively strengthened. I've told Rod to work with some specialized people to try to get that done but we are going to work very hard at a systematic approval campaign for all of the scientific articles related to blockchain technology in the cryptocurrency space. They're just terrible, if you go to the proof of work article, the proof of stake or all these things, they're just terrible. They're not well written, they're out of date and they don't reflect an adequate sampling of the science. I did talk to my chief scientist Aggelos and what we're gonna do is reach out to the scientific counterparts that most of the major cryptocurrency groups that are doing research and see if they want to work with us at an industry-wide effort to systematically improve the scientific articles in our industry so that there are a fair and balanced representation of what the current state of the art are, the criticisms, the trade-offs as well as the reference space and of course obviously we'll do quite well in that respect because we've done the science. We're the inheritor of it but it's a shame because when people search proof of stake on google usually wikipedia results are highly biased. We care about wikipedia because google cares about wikipedia, amazon cares about wikipedia.
If you ask Alexa who is Charles Hoskinson, the reason why Alexa knows is because it's reading directly from the wikipedia page. If I didn't have a wikipedia page Alexa would know that so if somebody says Alexa what is Cardano it's going to read directly from the wikipedia page and you know and we can either just pretend that reality doesn't exist or we can accept it and we as a community working with partners in the broader cryptocurrency community can universally improve the quality of cryptocurrency pages. There's been a pattern of commercial censorship on wikipedia for cryptocurrencies in general since bitcoin itself. In fact I think the bitcoin article is actually taken down once back in, might have been, 2010 or 2009 but basically wikipedia has not been a friend of cryptocurrencies. That's why everpedia exists and actually their founders reached out to me and I talked to them over twitter through PMs and we agreed to actually do a podcast. I'm going to do a streamyard, stream with these guys and they'll come on talk all about everpedia and what they do and how they are and we'll kind of go through the challenges that they've encountered. How their platform works and so forth and obviously if they want to ever leave that terrible ecosystem EOS and come to the holy-grail land of Cardano we'd be there to help them out. At least they can tell the world how amazing their product is and also the challenges they're having to overcome. We've also been in great contact with Larry Sanger.
He's going to do an internal seminar at some point with with us and talk about some protocols he's been developing since he left wikipedia specifically to decentralize knowledge management and have a truly decentralized encyclopedia. I'm really looking forward to that and I hope that presentation gives us some inspiration as an ecosystem of things we can do. That's a great piece of infrastructure regardless and after we learn a lot more about it and we talk to a lot of people in ecosystem. If we can't get people to move on over, it would be really good to see through ideascale in the innovation management platform for people to utilize the dc fund to build their own variant of wikipedia on Cardano. In the coming months there will certainly be funding available. If you guys are so passionate about this particular problem that you want to go solve it then I'd be happy to play Elon Musk with the hyperloop and write a white paper on a protocol design and really give a good first start and then you guys can go and try to commercialize that technology as Cardano native assets and Plutus smart contracts in addition to other pieces of technology that have to be brought in to make it practical.
Right now we're just, let's talk to everybody phase, and we'll talk to the everpedia guys, we're going to talk to Larry and we're going to see whoever else is in this game and of course we have to accept the incumbency as it is. So, we're working with obviously the wikipedia side to improve the quality of not only our article but all of the articles and the scientific side of things so that there's a fair and accurate representation of information. One of the reasons why I'm so concerned about this is that I am very worried that Cardano projects will get commercially censored like we were commercially censored. So, yes we do have a page but it took five years to get there and we're a multi-billion dollar project with hundreds of thousands of people. If you guys are doing cutting-edge novel interesting stuff I don't want your experience to be the same as ours where you have to wait five years for your project to get a page even after government's adopted. That's absurd, no one should be censored ever. This is very well a fight for the entire ecosystem, the entire community, not just Cardano but all cryptocurrencies: bitcoin, ethereum and Cardano have all faced commercial censorship and article deletions during their tenure so I don't want you guys to go through that. I'm hoping we can prove that situation but you know you don't put all your eggs in one basket and frankly the time has come for wikipedia to be fully decentralized and liberated from a centralized organization and massively variable quality in the editor base. If legends of valor has a page but Cardano didn't have one until recently titcoin, a pornography coin from 2015, that's deprecated, no one uses it, has a page but Cardano couldn't get one there's something seriously wrong with the quality control mechanism and we need to improve that so it'll get done.
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Plutus Tap & Pay in the news [PLUs]

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BITCOIN SV — The Best Coin Of The Past Week (June 2).

BITCOIN SV — The Best Coin Of The Past Week (June 2).
https://preview.redd.it/opk5lbg76e231.jpg?width=5120&format=pjpg&auto=webp&s=20da54f5e956b91751f0048c583eca183a3685fe
Every week we choose one coin or token from the many different projects that are out there, and we tell in detail about the team behind it and the goals it pursues.Usually, these are also coins that showed a high-profit last week.
Today we’re going to talk about Bitcoin SV.

What is Bitcoin SV?

Bitcoin Cash SV is a cryptography-based payment system that was created on November 15, 2018, after the hard fork of cryptocurrency Bitcoin Cash. This cryptocurrency has support from entrepreneur Craig Wright and multi-billionaire Kelvin Eyre.
The main reason for the creation of cryptocurrency Bitcoin Cash SV was the desire of the community not to deviate from the idea embedded in Bitcoin Cash.
At the software level, the differences are in the applied algorithms and blockchain size.

What is it used for?

As the original Bitcoin (BTC) protocol, Bitcoin SV was creating an independent decentralized registry of records capable of being used for independent guaranteed confirmation of actions.
It can also serve as a value equivalent, like fiat money, and be used in calculations for goods and services.

BTC SV price chart Week (May 27 - June 02, 2019)


https://preview.redd.it/1fcoshiu6e231.png?width=1305&format=png&auto=webp&s=28e8c993a8c9e20fe1a60a2cdbf03319b5f49ce7
Last week’s BTC SV price chart (provided by CoinMarketCap)

Month (May 02, 2019 - June 02, 2019)


https://preview.redd.it/uafni59v6e231.png?width=1341&format=png&auto=webp&s=acc24ee40035f2f1497b19b511fc7d1568f9146a
Last month’s BTC SV price chart (provided by CoinMarketCap)
If you have questions left, visit our FAQ for more information. Feel free to ask us a question directly within the app's chat.
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Find more information on our website: plutus.ai
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ABRA $25, Coinbase Earn $50+, Cash App $5, Binance, Robinhood up to $200, moomoo up to $200, Chime $50, Aspiration $50, MoneyLion $10.

ABRA Check out ABRA and easily invest in 30 cryptocurrencies. Sign up with my link and get $25 in free bitcoin after your first $5 Bank/Amex deposit. Plus other crypto referrals.
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Thoughts on abra wallet?

Is it open source? Safe to store bitcoin in? Does it use the 12-24 key word security?
Abra: Bitcoin, XRP, LTC by Plutus Financial https://itunes.apple.com/us/app/abra-bitcoin-xrp-ltc/id966301394?mt=8
Thanks!
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BlitzPredict XBP — The Best Coin Of The Past Week

BlitzPredict XBP — The Best Coin Of The Past Week

https://preview.redd.it/s3mgnbifq3431.jpg?width=2048&format=pjpg&auto=webp&s=c994d35afc2672812a205656e25d19c21dc40164
As you can see from our latest week’s article about the best portfolios, almost all users from the Bitcoin leaderboard had the BlitzPredict (XBP) Coin in their crypto portfolios.
Let’s take a more detailed look at this cryptocurrency coin.
What is BlitzPredict?
BlitzPredict is a blockchain-based application that is dedicated to providing innovative solutions to many of the problems that currently exist in the betting industry. Users can use the BlitzPredict platform to find reliable, transparent, betting advice available for purchase with the XBP token. XBP is an ERC-20 token built on the Ethereum network and is used to power the blockchain-tracked expert advice to ensure complete transparency when determining wins and losses. Receive rewards if they are correct using the internal XBP token. BlitzPredict delivers a betting exchange focused on sports, esports and politics. XBP token team uses the conceptual and functional product development of one of the most famous projects in the field of blockchain predictions — Augur (REP). BlitzPredict also collaborates with another crypto project heavyweight — 0X (ZRX), which provides them with a platform for a decentralized internal crypto exchange.
What is it used for?
The XBP token is used to determine the exact price of predicting an event and the fair compensation of its author. It is also possible to form syndicates and solicit contributions from the community. Users can stake the syndicate with XBP.
XBP Price Chart Week (June 03 — June 10)

https://preview.redd.it/55xys8jmq3431.png?width=800&format=png&auto=webp&s=ce8f4d9818aca3e0aa2d9731923fff5f2218e219
Last Weeks’ XBP price chart provided by CoinMarketCap

XBP Month Price Chart (May 10 — June 10)

https://preview.redd.it/b4xruh5rq3431.png?width=1143&format=png&auto=webp&s=31f47b52befcafa380f98d327e1aa47a13fc9175
Last Month XBP price chart provided by CoinMarketCap
If you are interested in exploring the opportunities that the crypto market provides, you can downloadPlutus Wallet from Google Play for Android or from the App Store for iOS devices and get free access to the cryptocurrency simulator with the possibility of real trading.
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Time to Update — New Real Pie Features in Plutus Wallet

Time to Update — New Real Pie Features in Plutus Wallet

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It’s a good time to be part of the crypto community! The cryptocurrency market continues to grow with new projects being presented every day and new versions of apps and platforms coming out; thus more investment opportunities appear. And now, with the latest update of Plutus Wallet, you can play a real part in these favorable times.
A week ago, we released the iOS version of Plutus Wallet, which you now can download on the App Store, while this week, we took another important step in the development of our product. Our team is actively working on adding new and improving the current functionality of the application. In the latest version of Plutus Wallet for Android, we have added new features to the Real Pie, introduced a real wallet and have implemented a highly demanded option, namely the possibility to buy Bitcoin.
Let’s take a closer look at the new features and improvements in Plutus Wallet.

New Crypto Wallet Screen


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This is the new Wallet section. It allows you to manage your Real Pie balance on the exchange directly from the app. Thanks to this feature, Plutus Wallet has finally become a real crypto wallet. It supports the HitBTC crypto exchange only with new exchanges to be added soon.
How does it work?
To start using the new Wallet feature, you must have a Real Pie created first. If you still haven’t got one, read our quick guide on how to create one.
Now let’s dive a bit deeper into the fine details, by using the HitBTC exchangeas an example.

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There are two types of accounts for every coin in your wallet:
Main account — for storing your crypto funds. You can make deposits to your account. Trading account — for buying and selling cryptocurrencies. This is the account for all trading activities you do in Plutus Wallet.
Please note: Each coin has a separate main and trading account!
After you have added funds to your Main account, you can transfer an amount of your choice to the Trading account for trading purposes with one single tap. All trading accounts together make your Real Pie balance. You can find it on the top right of the Wallet screen.
Moreover, with the latest update, you can add and withdraw your funds in a few simple steps as well.
All funds that you transfer to your Real Pie balance in Plutus Wallet can be used for trading purposes only. HitBTC’s security protocols provide all the necessary security and protection and your funds being kept on the exchange.

Add funds directly to your Real Pie

Having carefully analyzed our user’s feedback, we have decided to simplify the process of adding funds to the Real Pie in Plutus Wallet. Before, users needed to constantly switch between the Plutus Wallet app and the HitBTC exchange to add funds to their Real Pie balance.

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With this latest update, you can make a direct deposit in Plutus Wallet, without the need of switching to the exchange. Just tap the wallet icon in the middle of the Real Pie to add funds.

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The “Add Funds” screen will appear where you can replenish your Real Pie balance via the Changelly exchange platform. The rest is simple. Just follow the 3 steps and add funds.
  • Buy Bitcoin to your BTC wallet address with Changelly. Copy the wallet address and paste it in the Changelly service.
  • Transfer your funds to your Real Pie balance. This action literally replaces the transfer function from the Main to the Trading account on the Wallet screen.
Important: Please note, that the transaction usually takes approximately 10 to 30 minutes to complete. In case of any issues with the transaction, please contact Changelly support.

No more Real Pie restrictions

Up to this point, you could build your real portfolio (Real Pie) with a limit of 5 cryptocurrency coins. In this latest update, we have removed this restriction to allow our users to add any number of coins available on the exchange, and trade them using Plutus Wallet.
For now, the complete list of the crypto coins you have in your Real Pie, can be found only in the Wallet screen. But that’s about to change as well since we’re planning to implement an updated Dashboard screen so that the users will be able to see all the coins directly on the main screen.

General improvements to the Real Pie

We have significantly improved the transaction speed and accuracy of Real Pie deals and enhanced the application’s general performance, making the user experience far more convenient and smooth.
This release is a very important step for us regarding the future development of Plutus Wallet. We hope you appreciate our efforts! Let us know in the comments below.
You can get the last Plutus Wallet update from Google Play for Android. For all iPhones users, download the iOS-version for App Store.
Follow us on social media for the latest news: Facebook, Telegram, Twitter, Reddit, and Instagram.
Stay tuned for more updates!
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PlutusDEX — Fuel for the Next Generation Contactless Payments System. Ask us anything!

Good evening /bitcoinmarkets, we are the creators of Plutus.it. Plutus is a gateway that connects the blockchain technology with pre-existing payment infrastructure, it empowers you to make contactless payments with Bitcoin at every local brick & mortar store with a NFC-enabled point-of-sale terminal. The liquidity for bitcoin conversion to fiat is provided by a peer‐to‐peer trading network called the PlutusDEX – it runs as a autonomous application (Dapp) on the Ethereum blockchain.
Video
About Us:
At Plutus we have combined a contactless brick & mortar shopping application with a next generation peer-to-peer exchange system that allows you to purchase bitcoin with 0% trading and 0% deposit and 0% withdrawal fees.
The PlutusDEX is a decentralized exchange where you can create orders to sell fiat in return for bitcoin or pluton, which will then be filled automatically by users of our app. The DEX itself runs as a smart contract on the Ethereum blockchain.
Once a trade is completed, your fiat deposit is forwarded to a virtual debit card belonging to the app user in question. As a result, the user will then be able to use their mobile device to pay with bitcoin at any contactless NFC terminal. App users generally pay a 2 - 4% conversion fee when depositing bitcoin.
This means that by selling fiat, you can supply the fuel for app users to be able to do their shopping. By benefiting for both sides of the exchange, we have created incentives for Plutus to grow and trading to flourish.
App users also earn a rebate in Plutons for each deposit they make, which distantly be compared to cash back or frequent flier miles. These can be used in place of bitcoin when making a conversion towards payments, with the additional advantages of zero conversion fees and instant transactions.
If you would like to learn more, take a look at our Whitepaper
tl;dr:
We are starting an AMA on Thursday 6 pm GMT. So ask us anything!
Thanks, Team Plutus
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Plutus Tap & Pay News - [PLUs]

http://marketmadhouse.com/hardly-known-facts-bitcoin-payments-e-commerce/
There are a number of efforts develop an “Apple Pay” for bitcoin. One of the most promising is the British open-sourced project Plutus.it Tap and Pay.[5] Plutus utilizes the same near-field communications (NFC) wireless technology that Apple Pay uses to let people pay at cash registers with bitcoin or ethereum. The technology is not available yet but it has been tested at businesses in the United Kingdom, including coffee shops and a Tesco grocery store.
submitted by loki0505 to Crypto_Currency_News [link] [comments]

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