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Epic Cash AMA Recap with CryptoDiffer Community

CryptoDiffer team Hello, everyone! We are glad to meet here: Max Freeman (@maxfreeman4), Project Lead at Epic Cash Yoga Dude (@Yogadude), PR&Marketing at Epic Cash Xenolink (@Xenolink), Advisor at Epic Cash
Max Freeman Project Lead at Epic Cash Thanks Max, we are excited to be here!
Yoga Dude PR&Marketing at Epic Cash Hello Everyone! Thank you for having us here!
Xenolink Advisor at Epic Cash Thank you to the CryptoDiffer team and CryptoDiffer community for hosting us!
CryptoDiffer team Let`s start from the first introduction question: Q1: Can you introduce yourself to the community? What is your background and how did you join Epic Cash?
Yoga Dude PR&Marketing at Epic Cash
Hello! My background is Marketing and Business Development, I’ve been in crypto since 2011 started with Bitcoin, then Monero in 2014, Ethereum in 2015 and at some point Doge for fun and profit. I joined Epic Cash team in September 2019 handling PR and Marketing.
I saw in Epic Cash what was missing in my previous cryptos — things that were missing in Bitcoin and Monero especially.
Xenolink Advisor at Epic Cash
Hello Cryptodiffer Community, I am not an original co-founder nor am I a developer for the Epic Cash project. I am however a community member that is involved in helping scale this project to higher levels. One of the many beauties of Epic Cash is that every single member in the community has the opportunity to be part of EPIC’s team, it can be from development all the way to content producing. Epic Cash is a community driven project. The true Core Team of Epic Cash is our community. I believe a community that is the Core Team is truly powerful. EPIC Cash has one of the freshest and strongest communities I have seen in quite a while. Which is one of the reasons why I became involved in this project. Epic displayed some of the most self community produced content I have seen in a project. I’m actually a doctor of medicine but in terms of my experience in crypto, I have been involved in the industry since 2012 beginning with mining Litecoin. Since then I have been doing deep dive analysis on different projects, investing, and building a network in crypto that I will utilize to help connect and scale Epic in every way I can. To give some credit to those people in my network that have been a part of helping give Epic exposure, I would like to give a special thanks to u/Tetsugan and u/Saurabhblr. Tetsugan has been doing a lot of work for the Japanese community to penetrate the Japanese market, and Japan has already developed a growing interest in Epic. Daku Sarabh the owner and creator of Crypto Daku Robinhooders, I would like to thank him and his community for giving us one of our first large AMA’s, which he has supported our project early and given us a free AMA. Many more to thank but can’t be disclosed. Also thank you to all the Epic Community leaders, developers, and Content producers!
Max Freeman Project Lead at Epic Cash
I’m Max Freeman, which stands for “Maximum Freedom for Mankind”. I started working on the ideas that would become Epic in 2018. I fell in love with Bitcoin in 2017 but realized that it needs privacy at the base layer, fungibility, better scalability in order to go to the next level.
CryptoDiffer team
Really interesting backgrounds I must admit, pleasure to see the team that clearly has one vision of the project by being completely decentralized:)
Q2: Can you briefly describe what is Epic Cash in 3–5 sentences? What technology stands behind Epic Cash and why it’s better than the existing one?
Max Freeman Project Lead at Epic Cash
I’d like to highlight the differences between Epic and the two highest-valued privacy coin projects, Monero and Zcash. XMR has always-on privacy like Epic does, but at a cost: Its blockchain is over 20x more data intensive than Epic, which limits its possibilities for scalability. Epic’s blockchain is small and light enough to run a full node on cell phones, something that is in our product road map. ZEC by comparison can’t run on low end devices because of its zero knowledge based approach, and only 1% of transactions are fully private. Epic is simply newer, more advanced technology than prior networks thanks to Mimblewimble
We will also add more algorithms to widen the range of hardware that can participate in mining. For example, cell phones and tablets based around ARM chips. Millions of people can mine Epic that can’t mine Bitcoin, and that will help grow the network rapidly.
There are some great short videos on our YouTube channel https://www.youtube.com/channel/UCQBFfksJlM97rgrplLRwNUg/videos
that explain why we believe we have created something truly special here.
Our core architecture derives from Grin, so we are fortunate to benefit on an ongoing basis from their considerable development efforts. We are focused on making our currency truly usable and widely available, beyond a store of value and becoming a true medium of exchange.
Yoga Dude PR&Marketing at Epic Cash
Well we all have our views, but in a nutshell, we offer things that were missing in the previous cryptos. We have sound fiscal emission schedule matching Bitcoin, but we are vastly more private and faster. Our blockchain is lighter than Bitcoin or Monero and our tech is more scalable. Also, we are unique in that we are mineable with CPUs and GPUs as well as ASICs, giving the broadest population the ability to mine Epic Cash. Plus, you can’t forget FUNGIBILITY 🙂 we are big on that — since you can’t have true privacy without fungibility.
Also, please understand, we have HUGE respect to all the cryptos that came before us, we learned a lot from them, and thanks to their mistakes we evolved.
Xenolink Advisor at Epic Cash
To add on, what also makes Epic Cash unique is the ability to decentralize the mining using a tri-algo model of Random X (CPU), Progpow (GPU), and Cuckoo (ASIC) for an ability to do hybrid mining. I believe this is an issue we can see today in Bitcoin having centralized mining and the average user has a costly barrier of entry.
To follow up on this one in my opinion one of the things we adopted that we have seen success for , in example Bitcoin and Monero, is a strong community driven coin. I believe having a community driven coin will provide a more organic atmosphere especially when starting with No ICO, or Premine with a fair distribution model for everyone.
CryptoDiffer team
Q3: What are the major milestones Epic Cash has achieved so far? Maybe you can share with us some exciting plans for future weeks/months?
Yoga Dude PR&Marketing at Epic Cash
Since we went live in September of 2019, we attracted a very large community of users, miners, investors and contributors from across the world. Epic Cash is a very international project with white papers translated into over 30 languages. We are very much a community driven project; this is very evident from our content and the amount of translations in our white papers and in our social media content.
We are constantly working on improving our usability, security and privacy, as well as getting our message and philosophy out into the world to achieve mass adoption. We have a lot of exciting plans for our project, the plan is to make Epic Cash into something that is More than Money.
You can tell I am the Marketing guy since my message is less about the actual tech and more about the usability and use cases for Epic Cash, I think our Team and Community have a great mix of technical, practical, social and fiscal experiences. Since we opened our YouTube channels content for community submissions, we have seen our content translated into Spanish, French, German, Polish, Chinese, Japanese, Arabic, Russian, and other languages
Max Freeman Project Lead at Epic Cash
Our future development roadmap will be published soon and includes 4 tracks:
Usability
Mining
Core Protocol
Ecosystem Development
Core Protocol
Epic Server 2.9.0 — this release improves the difficulty adjustment and is aimed at making block emission closer to the target 60 seconds, particularly reducing the incidence of extremely short and long blocks — Status: In Development (Testing) Anticipated Release: June 2020
Epic Server 3.0.0 — this completes the rebase to Grin 3.0.0 and serves as the prerequisite to some important functional building blocks for the future of the ecosystem. Specifically, sending via Tor (which eliminates the need to open ports), proof of payment (useful for certain dex applications e.g. Bisq), and our native mobile app. Status: In Development (Testing) Anticipated Release: Fall 2020
Non-Interactive Transactions — this will enhance usability by enabling “fire and forget” send-to-address functionality that users are accustomed to from most cryptocurrencies. Status: Drawing Board Anticipated Release: n/a
Scaling Options — when blocks start becoming full, how will we increase capacity? Two obvious options are increasing the block size, as well as a Lightning Network-style Layer 2 structure. Status: Drawing Board Anticipated Release: n/a
Confidential Assets — Similar to Raven, Tari, and Beam, the ability to create independently tradable assets that ride on the Epic Blockchain. Status: Drawing Board Anticipated Release: n/a
Usability
GUI Wallet 2.0 — Restore from seed words and various usability enhancements — Status: Needs Assessment Anticipated Release: Fall 2020
Mobile App — Native mobile experience for iOS and Android. Status: In Development (Testing) Anticipated Release: Winter 2020
Telegram Integration — Anonymous payments over the Telegram network, bot functionality for groups. Status: Drawing Board Anticipated Release: n/a
Mining
RandomX on ARM — Our 4th PoW algorithm, this will enable tablets, cell phones, and low power devices such as Raspberry Pi to participate in mining. Status: Needs Assessment Anticipated Release: n/a
The economics of mining Epic are extremely compelling for countries that have free or extremely cheap electricity, since anyone with an ordinary PC can mine. Individual people around the world can simply run the miner and earn meaningful money (imagine Venezuela for example), something that has not been possible since the very early days of Bitcoin.
Ecosystem Development
Atomic Swaps — Connecting Epic to other blockchains in a trustless way, starting with ETH so that Epic can trade on DeFi infrastructure such as Uniswap, Kyber, etc. Status: Drawing Board Anticipated Release: n/a
Xenolink Advisor at Epic Cash
From the Community aspect, we have been further developing our community international reach. We have been seeing an increase in interest from South America, China, Russia, Japan, Italy, and the Philippines. We are working on targeting more countries. We truly aim to be a decentralized project that is open to everyone worldwide.
CryptoDiffer team
Great, thank you for your answers, we now can move to community questions part!
Cryptodiffer Community
You have 3 mining algorithms, the question is: how do they not compete with each other? Is there any benefit of mining on the GPU and CPU if someone is mining on the ASIC?
Max Freeman Project Lead at Epic Cash
The block selection is deterministic, so that every 100 blocks, 60% are for RandomX (CPU), 38% for ProgPow (GPU), and 2% for Cuckoo (ASIC) — the policy is flexible so that we can have as many algorithms with any percentages we want. The goal is to make the most decentralized and resilient network possible, and with that in mind we are excited to work on enabling tablets and cell phones to mine, since that opens it up to millions of people that otherwise can’t take part.
Cryptodiffer Community
To Run a project smoothly, Funding is very important, From where does the Funding/revenue come from?
Xenolink Advisor at Epic Cash
Yes, early on this was realized and in order to scale a project funds are indeed needed. Epic Cash did not start with any funding and no ICO and was organically genesis mined with no pre-mine. Epic cash is also a nonprofit community driven project similar to Monero. There is no profit-driven entity in the picture. To overcome the revenue issue Epic Cash setup a development fund tax that decreases 1% every year until 2028 when Epic Cash reaches singularity with Bitcoin emissions. Currently it is at 7.77%. This will help support the scaling of the project.
Cryptodiffer Community
Hi! In your experience working also with MONERO can you please clarify which are those identified problems that EPIC CASH aims to develop and resolve? What’s the main advantage that EPIC CASH has over MONERO? Thank you!
Yoga Dude PR&Marketing at Epic Cash
First, I must admit that I am still a huge fan and HODLer of Monero. That said:
✅ our blockchain is MUCH lighter than Monero’s
✅ our transaction processing speed is much faster
✅ our address-less blockchain is more private
✅ Epic Cash can be mined with CPU (RandomX) GPU (ProgPow) and Cuckoo, whereas Monero migrated to RandomX and currently only mineable with CPU
Cryptodiffer Community
  1. the feature ‘Cut Through’ deletes old data, how is it decided which data will be deletes, and what are the consequences of it for the platform and therefore the users?
  2. On your website I see links to download Epic wallet and mining software for Linux,Windows and MacOs, I am a user of android, is there a version for me, or does it have a release date?
Max Freeman Project Lead at Epic Cash
  1. This is one of the most exciting features of Mimblewimble, which is its extraordinary ability to compress blockchain data. In Bitcoin, the entire history of a coin must be replayed every time it is spent, and comprehensive details are permanently stored in the blockchain. Epic discards spent transaction inputs and consolidates outputs, storing neither addresses or amounts, only a tiny kernel to allow sender and receiver to prove their transaction.
  2. The Vitex mobile app is great for today, and we have a native mobile app for iOS and Android in the works as well.
Cryptodiffer Community
$EPIC Have total Supply of 21,000,000 EPIC , is there any burning plan? Or Buyback program to maintain $EPIC price in the future?
Who is Epic Biggest competitors?
And what’s makes epic better than competitors?
Xenolink Advisor at Epic Cash
We respect the older generation coins like Bitcoin. But we have learned that the supply economics of Bitcoin is very sound. Until today we can witness how the Bitcoin is being adopted institutionally and by retail. We match the 21 million BTC supply economics because it is an inelastic fixed model which makes the long-term economics very sound. To have an elastic model of burning tokens or printing tokens will not have a solid economic future. Take for example the USD which is an inflating supply. In terms of competitors we look at everyone in crypto with respect and also learn from everyone. If we had to compare to other Mimblewimble tech coins, Grin is an inelastic forever inflating supply which in the long term is not sound economics. Beam however is an inelastic model but is formed as a corporation. The fair distribution is not there because of the permanent revenue model setup for them. Epic Cash a non-profit development tax fund model for scaling purposes that will disappear by 2028’s singularity.
Cryptodiffer Community
What your plans in place for global expansion, are you focusing on only market at this time? Or focus on building and developing or getting customers and users, or partnerships?
Yoga Dude PR&Marketing at Epic Cash
Since we are a community project, we have many developers, in addition to the core team.
Our plans for Global expansion are simple — we have advocates in different regions addressing their audiences in their native languages. We are growing organically, by explaining our ideology and usability. The idea is to grow beyond needing a fiat bridge for crypto use, but to rather replace fiat with our borderless, private and fungible crypto so people can use it to get goods and services without using banks.
We are not limiting ourselves to one particular demographic — Epic Cash is a valid solution for the gamers, investors, techie and non techie people, and the unbanked.
Cryptodiffer Community
EPIC confidential coin! Did you have any problems with the regulators? And there will be no problems with listing on centralized exchanges?
Xenolink Advisor at Epic Cash
In terms of structure, we are carefully set up to minimize these concerns. Without a company or investors in the picture, and having raised no funds, there is little scope to attack in terms of securities laws. Bitcoin and Ethereum are widely acknowledged as acceptable, and we follow in their well-established footprints in that respect. Centralized exchanges already trade other privacy coins, so we don’t see this as much of an issue either. In general, decentralized p2p exchange options are more interesting than today’s centralized platforms. They are more censorship resistant, secure, and privacy-protecting. As the technology gets better, they should continue to gain market share and that’s why we’re proud to be partnered with Vitex, whose exchange and mobile app work very well.
Cryptodiffer Community
What are the main utility and real-life usage of the #EPIC As an investor, why should we invest in the #EPIC project as a long-term investment?
Max Freeman Project Lead at Epic Cash
Because our blockchain is so light (only 1.16gb currently, and grows very slowly) it is naturally well suited to become a decentralized mobile money standard because people can run a full node on their phone, guaranteeing the security of their funds. Scalability in Bitcoin requires complicated and compromised workarounds such as Lightning Network and light clients, and these problems are solved in Epic.
With our forthcoming Mobile Mining app, hundreds of millions of cell phones and tablets will be able to easily join the network. People can quickly and cheaply send money to one another, fulfilling the long-envisioned promise of P2P electronic cash.
As an investor, it’s important to ask a few key questions. Bitcoin Standard tokenomics of disinflation and a fixed supply are well proven over a decade now. We follow this model exactly, with a permanently synchronized supply from 2028, and 4 emission halvings from now until then, with our first one in about two weeks. Beyond that, we can apply some simple logical tests. What is more valuable, money that can only be used in some cases (censorable Bitcoin based on a lack of fungibility) or money that can be used universally? (fungible Epic based on always-on privacy by default). Epic is also poised to be a more decentralized and therefore resilient network because of wider participation in mining. Epic is designed to be Bitcoin++ Privacy, Fungibility, Scalability
Cryptodiffer Community
Q1. What are advantages for choosing three mining algorithms RandomX+, ProgPow and CuckAToo31+ ?
Q2. Beam and Grin use MimbleWimble protocol, so what are difference for Epic? All of you will be friends for partners or competitors?
Max Freeman Project Lead at Epic Cash
RandomX and ProgPow are designed to use the entirety of a CPU / GPU’s unique processing capabilities in a way that other types of hardware don’t work as well. You can run RandomX on a GPU but it doesn’t work nearly as well as a much cheaper CPU, for example. Cuckoo is a “memory hard” algorithm that widens the range of companies that can produce the hardware.
Grin and Beam are great projects and we’ve learned a lot from them. We inherited our first codebase from Grin’s excellent Rust design, which is a better language for community participation than C++ that Beam currently uses.
Functionally, Mimblewimble is similar across the 3 coins, with standard Confidential Transactions, CoinJoin, Dandelion++, Schnorr Signatures and other advanced features. Grin is primarily ASIC-targeted, Beam is GPU-targeted, and Epic is multi-hardware.
The biggest differences though are in tokenomics and project structure. Grin has permanent inflation of 60 coins per block with no halvings, which means steady erosion of value over time due to new supply pressure. It also lacks a steady funding model, making future development in jeopardy, particularly as the per coin price falls. Beam has a for-profit model with heavy early inflation and a high developer tax. Epic builds on the strengths of these earlier mimblewimble projects and addresses the parts that could be improved.
Cryptodiffer Community Some privacy coin has scalability issues! How Epic cash will solve scalability issues? Why you choose randomX consensus algorithem?
Xenolink Advisor at Epic Cash
Fungibility means that you can’t distinguish one unit of currency from another, in example Gold. Fungibility has recently become a hot issue as people have been noticing Bitcoins being locked up by exchanges which may of had a nefarious history which are called Tainted Coins. In example coins that have been involved in a hack, darknet market transactions, or even processing coin through a mixer. Today we can already see freshly mined Bitcoins being sold at a premium price to avoid the fungibility problem Bitcoin carries today. Bitcoin can be tracked by chainalysis and is not a fungible cryptocurrency. One of the features that Epic has is privacy with added fungibility, because of Mimblewimble technology, Epic has no addresses recorded and therefore nothing can be tracked by chainalysis. Below I provide a link of an example of what the lack of fungibility is resulting in today with Bitcoin. One of the reasons why we chose the Random X algo. is because of the easy barrier of entry and also to further decentralize the mining. Random X algo can be mined on old computers or laptops. We also have 2 other algos Progpow (GPU), and Cuckoo (ASIC) to create a wider decentralization of mining methods for Epic.
Cryptodiffer Community
I’m a newbie in crypto and blockchain so how will Epic Cash team target and educate people who don’t know about blockchain and crypto?
What is the uniqueness of Epic Cash that cannot be found in other project that´s been released so far ?
Yoga Dude Pr&Marketing at Epic Cash
Actually, while we have our white paper translated into over 30 languages, we are more focused on explaining our uses and advantages rather than cold specs. Our tech is solid, but we not get hung up on pure tech talk which most casual users do not need to or care to understand. As long as our fundamentals and tech are secure and user friendly our primary goal is to educate about use cases and market potential.
The uniqueness of Epic Cash is its amalgamation of “whats good” in other cryptos. We use Mimblewimble for privacy and anonymity. Our blockchain is much lighter than our competitors. We are the only Mimblewimble crypto to use a unique cocktail of mining algorithms allowing to be mined by casual miners with gaming rigs and laptops, while remaining friendly to GPU and CPU farmers.
The “uniqueness” is learning from the mistakes of those who came before us, we evolved and learned, which is why our privacy is better, we are faster, we are fungible, we offer diverse mining and so on. We are the best blend — thats powerful and unique
Cryptodiffer Community
Can you share EPIC’s vision for decentralized finance (DEFI)? What features do EPIC have to support DEFI?
Yoga Dude PR&Marketing at Epic Cash
We view Epic as ideally suited to be the decentralized digital reserve asset of the new Private Internet of Money that’s emerging. At a technology level, atomic swaps can be created to build liquidity bridges so that wrapped Epic tokens (like WBTC, WETH) can trade on other networks as ERC20, BEP2, NEP5, VIP180, Algorand and so on. There is more Bitcoin value locked on Ethereum than in Lightning Network, so we will similarly integrate Epic so that it can trade on networks such as Uniswap, Kyber, and so on.
Longer term, if there is market demand for it, thanks to Scriptless Script functionality our blockchain has, we can build “Confidential Assets” (which Raven, Tari, and Beam are all also working on) that enable people to create tokenized assets in a private way.
Cryptodiffer Community
If you could choose one celebrity to promote Epic-cash, who that would be?
Max Freeman Project Lead at Epic Cash
I am a firm believer that the strength of the project lies in allowing community members to become their own celebrities, if their content is good enough the community will propel them to celebrity status. Organic celebrities with small but loyal following are vastly more beneficial than big name professional shills with inflated but non caring audiences.
I remember the early days of Apple when an enthusiastic dude named Guy Kawasaki became Apple Evangelist, he was literally going around stores that sold Apple and visited user groups and Evangelized his belief in Apple. This guy became a Legend and helped Apple become what it is today.
Epic Cash will have its OWN Celebrities
Cryptodiffer Community
How does $EPIC solve scalability of transactions? Current blockchains face issues with scalability a lot, how does $EPIC creates a solution to it?
Xenolink Advisor at Epic Cash
Epic Cash is utilizing Mimblewimble technology. Besides the privacy & fungibility aspect of the tech. There is the scalability features of it. It is implemented into Epic by transaction cut-through. Which means it allows nodes to remove all intermediate transactions, thus significantly reducing the blockchain size without affecting its validation. Mimblewimble also does not use addresses like a BTC address, and amount of transactions are also not recorded. One problem Monero and Bitcoin are facing now is scalability. It is evident today that data is getting more expensive and that will be a problem in the long run for those coins. Epic is 90% lighter and more scalable compared to Monero and Bitcoin.
Cryptodiffer Community
what are the ways that Epic Cash generates profits/revenue to maintain your project and what is its revenue model ? How can it make benefit win-win to both invester and your project ?
Max Freeman Project Lead at Epic Cash
There is a block subsidy of 7.77% that declines 1.11% per year until 0, where it stays after that. As a nonprofit community effort, this extremely modest amount goes much further than in other projects, which often take 20, 30, even 50+ % of the coin supply. We believe that this ongoing funding model best aligns the long term incentives for all participants and balances the compromises between the ends of the centralized/decentralized spectrum of choices that any project must make.
Cryptodiffer Community
Q1 : What are your major goals to archive in the next 3–4 years?
Q2 : What are your plans to expand and gain more adoption?
Yoga Dude Pr&Marketing at Epic Cash
Max already talked about our technical plans and goals in his roadmap. Allow me to talk more about the non technical 😁
We are aiming for broader reach in the non technical more mainstream community — this is a big challenge but we believe it is doable. By offering simpler ways to mine Epic Cash (with smart phones for example), and by doing more education we will achieve the holy grail of crypto — moving past the fiat bridges and getting Epic Cash to be accepted as means of payment for goods and services. We will accomplish this by working with regional advocacy groups, community interaction, off-line promotional activities and diverse social media targeting.
Cryptodiffer Community
It seems to me that EpicCash will have its first Halving, right? Why a halving so soon?
Is a mobile version feasible?
Max Freeman Project Lead at Epic Cash
Our supply emission catches up to that of Bitcoin’s first 19 years after 8 years in Epic, so that requires more frequent halvings. Today’s block emission is 16, next up are 8, 4, 2, and then finally 0.15625. After that, the supply of Epic and that of BTC stay synchronized until maxing out at 21m coins in 2140.
Today we have a mobile wallet through the Vitex app, a native mobile wallet coming, and are working on mobile mining.
Cryptodiffer Community
What markets will you add after that?
Yoga Dude PR&Marketing at Epic Cash
Well, we are aiming to have ALL markets
Epic Cash in its final iteration will be usable by everyone everywhere regardless of their technical expertise. We are not limiting ourselves to the technocrats, one of our main goals is to help the billions of unbanked. We want everyone to be able to mine, buy, and most of all USE Epic Cash — gamers, farmers, soccer moms, students, retirees, everyone really — even bankers (well once we defeat the banking industry)
We will continue building on the multilingual diversity of our global community adding support and advocacy groups in more countries in more languages.
Epic Cash is More than Money and its for Everyone.
Cryptodiffer Community
Almost, all cryptocurrencies are decentralized & no-one knows who owns that cryptocurrencies ! then also, why Privacy is needed? hats the advantages of Private coins?
Max Freeman Project Lead at Epic Cash
With a public transparent blockchain such as Bitcoin, you are permanently posting a detailed history of your money movements open for anyone to see (not just legitimate authorities, either!) — It would be considered crazy to post your credit card or bank statements to Twitter, but that’s what is happening every time you send a transaction that is not private. This excellent video from community contributor Spencer Lambert https://www.youtube.com/watch?v=0blbfmvCq\_4 explains better than I can.
Privacy is not just for criminals, it’s for everyone. Do you want your landlord to increase the rent when he sees that you get a raise? Your insurance company to raise your healthcare costs because they see you buying too much ice cream? If you’re a business, do you want your employees to see how much money their coworkers make? Do you want your competitors to trace your supplier and customer relationships? Of course not. By privacy being default for everyone, cryptocurrency can be used in a much wider range of situations without unacceptable compromises.
Cryptodiffer Community
What are the main utility and real-life usage of the #EPIC As an investor, why should we invest in the #EPIC project as a long-term investment?
Xenolink Advisor at Epic Cash
Epic Cash can be used as a Private and Fungible store of value, medium of exchange, and unit of account. As Epic Cash grows and becomes adopted it can be compared to how Bitcoin and Monero is used and adopted as well. As Epic is adopted by the masses, it can be accepted as a medium of exchange for store owners and as fungible payments without the worry of having money that is tainted. Epic Cash as a store of value may be a good long term aspect of investment to consider. Epic Cash carries an inelastic fixed supply economic model of 21 million coins. There will be 5 halvings which this month of June will be our first halving of epic. From a block reward of 16 Epic reduced to 8. If we look at BTC’s price action and history of their halvings it has been proven and show that there has been an increase in value due to the scarcity and from halvings a reduction of # of BTC’s mined per block. An inelastic supply model like Bitcoin provides proof of the circulating supply compared to the total supply by the history of it’s Price action which is evident in long term charts since the birth of Bitcoin. EPIC Plans to have 5 halvings before the year 2028 to match the emissions of Bitcoin which we call the singularity event. Below is a chart displaying our halvings model approaching singularity. Once bitcoin and cryptocurrency becomes adopted mainstream, the fungibility problem will be more noticed by the general public. Privacy coins and the features of fungibility/scalability will most likely be sought over. Right now a majority of people believe that all cryptocurrency is fungible. However, that is not true. We can already see Chainalysis confirming that they can trace and track and even for other well-known privacy coins today such as Z-Cash.
Cryptodiffer Community
  1. You aim to reach support from a global community, what are your plans to get spanish speakers involved into Epic Cash? And emerging markets like the african
  2. How am I secure I won’t be affected by receiving tainted money?
Max Freeman Project Lead at Epic Cash
Native speakers from our community are working to raise awareness in key markets such as mining in Argentina and Venezuela for Spanish (Roberto Navarro called Epic “the holy grail of cryptocurrency” and Ethiopia and certain North African countries that have the lowest electricity costs in the world. Remittances between USA and Latin American countries are expensive and slow, so Epic is also perfect for people to send money back home as well.
Cryptodiffer Community
Do EPICs in 2020 focus more on research and coding, or on sales and implementation?
Yoga Dude PR&Marketing at Epic Cash
We will definitely continue to work on research and coding, with emphasis on improved accessibility (especially via smartphones) usability, security and privacy.
In terms of financial infrastructure will continuing to add exchanges both KYC and non KYC.
Big part of our plans is in ongoing Marketing and PR outreach. The idea is to make Epic Cash a viral sensation of sorts. If we can get Epic Cash adopters to spread the word and tell their family, coworkers and friends about Epic Cash — there will be no stopping us and to help that happen we have a growing army of content creators, and supporters.
Everyone with skin in the game gets the benefit of advancing the cause.
Folks also, this isn’t an answer to the question but an example of a real-world Epic Cash content —
https://www.youtube.com/watch?v=XtAVEqKGgqY
a challenge from one of our content creators to beat his 21 pull ups and get 100 epics! This has not been claimed yet — people need to step up 🙂 and to help that I will match another 100 Epic Cash to the first person to beat this
Cryptodiffer Community
I was watching some videos explaining how to send and receive transactions in EpicCash, which consists of ports and sending links, my question is why this is so, which, for now, looks complex?
Let’s talk about the economic model, can EpicCash comply with the concept of value reserve?
Max Freeman Project Lead at Epic Cash
In V3, which is coming later this summer, Epic can be sent over Tor, which eliminates this issue of port opening, even though using tools like ngrok.io, it’s not necessarily as painful as directly configuring the router ports. Early Lightning Network had this issue as well and it’s something we have a plan to address via research into non-interactive transactions. “Fire and Forget” payments to an address, as people are used to in Bitcoin, is coming to Epic and we’re excited to develop functionality that other advanced mimblewimble coins don’t yet have. We are committed to constant improvement in usability and utility, to make our money system the ease of use leader.
We are involved in the project (anyone can join the Freeman Family) because we believe that simply by choosing to use a form of money that better aligns with our ideals, that we can make a positive change in the world. Some of my thoughts about how I got involved are here: https://medium.com/epic-cash/the-freeman-family-e3b9c3b3f166
Max Freeman Project Lead at Epic Cash
Huge thanks to our friends Maks and Vladyslav, we welcome everyone to come say hi at one of our friendly communities. It is extremely early in this journey, our market cap is only 0.5m right now, whereas the 3 other mimblewimble coins are at $20m, $30m and $100m respectively. Epic is a historic opportunity to follow in the footsteps of legends such as Bitcoin and Monero, and we hope to become the first Top 5 privacy coin project.
Xenolink Advisor at Epic Cash
Would like to Thank the Cryptodiffer Team and the Cryptodiffer community for hosting us and also engaging with us to learn more about Epic. If anyone else has more questions and wants to know more about EPIC , can find us at our telegram channel at https://t.me/EpicCash .
Yoga Dude Pr&Marketing at Epic Cash
Thank you, CryptoDiffer Team, and this wonderful Community!!!
Cryptodiffer TEAM
Thank you everyone for taking your time and asking great questions
Thank you for your time, it was an insightful session
Spread the love
submitted by EpicCashFrodo to epiccash [link] [comments]

Easily generate income online | UNIEX

Easily generate income online | UNIEX
Dear as they are, I hope well. In this post I come to bring a very practical tool which allows the deposit of money in the form of cryptocurrencies passively and from the comfort of your homes. Before starting I want to clarify that I am not coming to bring you any lies in which you are going to have to download programs or do strange things, this is totally simple and it works. Nor do I come to tell you that they will be able to earn 50 or 100 dollars in a day or a week, since there is no such tool. There is no easy way to earn that much money (at least for normal people like me). I also clarify that you have not yet obtained the benefit of the page since I have just started. But in what I take time I did not find any problem or any reason how to stop using it. Clarified everything we begin:

What is UNIEX?

In simple words, uniex is a cloud mining system. Many wonder what is cloud "mining"? Those who know about cryptocurrencies will know what it is about. For newcomers (like me) cloud mining is the financial exchange of the future to which I have great faith. Since approximately 2012, the cryptocurrency was created every day and every year that passes, it has gained more strength and monetary value. Besides that it is a tool that skips all the policies or everything that has to do with the financial systems of the banks, being able to do what you want with your virtual money without explaining it to anyone.

https://preview.redd.it/akqb4pcnts451.jpg?width=1359&format=pjpg&auto=webp&s=16fa98e66b6fedba6f901c3dc062dba2b4dadfa3
In this post I am going to show you quickly how passive income can be generated. UNIEX is a page where you can invest to accelerate income, EYE, I am not telling you to invest, since virtual currencies fluctuate greatly and change value constantly. Although most cases are on the rise. If they do not invest they can have the same income, later we will see how much.

HOW TO START?

The first thing that I am going to leave you is the referral link of mine, so that you enter the page and can have USD 3 free to start reaping your cryptocurrencies passively

LINK: http://uniex.biz?ref=7ocplL

Once entered there are those who have a screen like this:

https://preview.redd.it/9u0uqb6tus451.jpg?width=1343&format=pjpg&auto=webp&s=d5556c179360a243efec8aefa5db3526ef7a6f49
In which they will only have to create one user. Once created, you can use the 3 free dollars they give you.
In this case with those three dollars you can start accumulating DOGECOIN as we see in the image.

https://preview.redd.it/7lucwzgqvs451.jpg?width=374&format=pjpg&auto=webp&s=b933890c9b8604d47cd93d894fbb690cdef434ae
To start farming cryptocurrencies we follow the following steps:

1st step: On the main page, press START EXTRACTION

https://preview.redd.it/35l09tjdws451.jpg?width=1353&format=pjpg&auto=webp&s=219b880ef67ff197f7e2c08dd71f71900442e700
2nd step: We click on MINING

https://preview.redd.it/4cvpamtiws451.jpg?width=1345&format=pjpg&auto=webp&s=ddb79e6bf6d6f5e2b2ce21927a19a835273a62b9
3rd step: We will see the screen as the image shows. We locate DOGECOIN and we will see that it is at 0%, that is, it is not accumulating the currency. We click on the meter and fill it 100% to start harvesting.

https://preview.redd.it/lirw1q00xs451.jpg?width=968&format=pjpg&auto=webp&s=6671170143fb1b3d080c48c1c30dc78d3be95cb8

https://preview.redd.it/ix9ob4p1xs451.jpg?width=960&format=pjpg&auto=webp&s=1d3b496bd877e109799d82aa595d3ae0761c828c
And that's all there is to it in order to start collecting cryptocurrencies. But now comes the most important and what interests us all:

How much do we earn with this method?

In the previous image you can see that I already have accumulated 2.63353423 DOGE. How much money is that? Well on the page investing.com you can go to the virtual currency converter and it gives the following.

https://preview.redd.it/ohjf6oifxs451.jpg?width=667&format=pjpg&auto=webp&s=fe55275344d67895266fcb9b82c25449f547f317
At that time you have managed to accumulate $ 0.0069, in approximately 2 hours. You will say "But that is nothing", the truth is that it is nothing. But this page works constantly, you can close it, turn off the PC, whatever you want. But they will continue to accumulate cryptocurrencies. Look at the following image:
https://preview.redd.it/oxcmjsdjys451.jpg?width=960&format=pjpg&auto=webp&s=d8b8c33982a9684522987e35bdb0dd0c110a26f4
On the right side we can see how many DOGECOIN we can obtain per hour, per day, per month and even per year.
Look at how much you would earn per month:

https://preview.redd.it/k2aqegotys451.jpg?width=659&format=pjpg&auto=webp&s=6ec666494699639830f1cc30ad89f038608740fb
In a month, without even entering the page we can passively earn up to USD 2,7025. And without doing anything difficult, just create an account and set collection 100%

How do I withdraw the money?

To see how much money we have we go to the "Balance" or "Balance" tab located below where it says "LIVE", depending on what language they have.

https://preview.redd.it/la8tkiat0t451.jpg?width=1355&format=pjpg&auto=webp&s=5820696d06e5704b939018bbf22decb88548784b
Once there you will see the following image:

https://preview.redd.it/bpocxza21t451.jpg?width=1344&format=pjpg&auto=webp&s=78a67e9392e905003f30daa783b26ccb6d686eee
In A we choose the DOGECOIN currency and then click B to exchange for dollars. A field will appear in C to complete with the amount of DOGECOIN we want to change to obtain the respective dollars. If I am not mistaken the minimum amount of dollars that we can change is USD 0.1, so we will need approximately 38 DOGECOINS.
Once changed to dollars we see the following image:

https://preview.redd.it/5gic54fd1t451.jpg?width=1343&format=pjpg&auto=webp&s=d92232acc748bc230fb100330d5e1607299782fd
Following the order, in A we choose the currency, in this case in dollars, (I don't have anything because I still hadn't changed it). In B we press WITHDRAW, and the screen C will appear, which indicates the two pages through which we can transfer the dollars, PERFECT MONEY and PAYEER. The minimum amount of dollars that can be withdrawn is USD 2.5, which is not much. Let's say every 1 month we can withdraw dollars. Or use them to invest which I explain later.
For example, I put how it would be from payeer:

LINK: https://payeer.com/013692447


https://preview.redd.it/1qk13edn1t451.jpg?width=1335&format=pjpg&auto=webp&s=375e1b5b537cf0ba974a1a87f689db1ef9ad3a4c
We can see in the first tab that tells us how many dollars we have (in this case 0) and then it can be transferred to your bank account. I can not put images of this since I have not been able to remove anything yet, but I can hardly make another post. To withdraw you just have to copy the ID shown above and paste it where it says "specify bag number" in the image above in the letter C.

Is there any way to speed up the collection of cryptocurrencies?

Yes, there are. Previously he had commented that on this page you could invest. I emphasize, you can invest but it is not an obligation, and you have to take all the precautions, cryptocurrencies change value constantly. So this is up to you and your responsibility.
To invest we go to the BUY THE POWER tab:

https://preview.redd.it/fc0azzv92t451.jpg?width=1360&format=pjpg&auto=webp&s=6a1b6a730cb3241461dff4312c6f2384bfc74a07
The following screen will appear:

https://preview.redd.it/tyh5bqas2t451.jpg?width=1326&format=pjpg&auto=webp&s=93bd56f9309d6e0dbd50dc4c479f0203eacd2bb4
Following the order of the letters they choose SCRYPT since we will start investing in DOGECOIN which is what we earn. Later when we have more money we can invest in Bitcoin or Ethereum, which are the currencies with the highest value in the cryptocurrency market today. In window B we will see the price in dollars to increase the speed and below we see the current speed. In C we choose the currency with which we are going to invest and then pressing BUY THE POWER we will obtain the increase of the collection.
To finish, when we invest, another interesting thing is enabled, which is a "roulette" in which we can win prizes such as bitcoins, or increased collection power for any currency. To see this press the gift that is on the left of the screen:

https://preview.redd.it/rwnw8uvz2t451.jpg?width=1327&format=pjpg&auto=webp&s=cf788b1e4a75a1c8342e174db70e01dd3a150d31
Una vez presionemos el boton Lets Play veremos algo así:

https://preview.redd.it/xqn7y6i63t451.jpg?width=1340&format=pjpg&auto=webp&s=78350d7e57745ac8de58e117a9e303fa005febcc
In A we will see our balance of Points. These points are obtained by investing money in BUY THE POWER previously explained. Logically the more we invest the more points they give us. We can bet these points on 1, 10 or 100 as shown in B. With their respective rewards shown in C. In the image the 10 point bet is selected. And the rewards are 0.1 Bitcoin which is a significant sum (almost USD1000) or 0.002 Bitcoin which is equivalent to USD 20 or force of power to increase the collection. There is always something to be gained and that is good because it will help us to accelerate the profit of money. If we select to bet 1 point we will get lower rewards, and when selecting 100 points the rewards are even greater.
Well to finish I wanted to tell you what is that tab that says LIVE in the upper left of the screen. If we press there we will have access to 3 cameras. Which two of them point to the "servers" of UNIEX and the third camera points to a television which indicates the extractions that are being carried out (I do not post screenshots because just then they did not work, but believe me they work). And all in real time, very good the truth. This indicates seriousness and gives confidence to the user for the page.
Well I hope I have been as clear as possible and have not left doubts. When I can withdraw I will add another post. I hope it works for you and you like it, and remember to be patient, something is not accomplished overnight.
Thank you.
submitted by Dimit122 to u/Dimit122 [link] [comments]

My Beginnings

Images: https://imgur.com/a/tOFNhlJ

My Current Rack Setup

So, this is the first time I've ever done a post like this to homelab and I wanted to give as much detail as possible.
For this, i'm going to work my way left to right, top to bottom.
submitted by DevelopedLogic to homelab [link] [comments]

AES Crypt security audit (1 serious issue found)

I just learned about privacytools.io this afternoon and started poking around at some of the software I hadn't heard of before. One in particular caught my eye: AES Crypt. It's listed as "Worth Mentioning" under "File Encryption". I found some minor issues and one major issue.
I only looked at the Linux version, written in C. However, most of the issues I highlight are relevant to all versions since it's part of the file format.
Update: So apparently the major issue has been known since 2012, but they've decided not to address it. Therefore Privacy Tools should not be recommending this software.
Update 2: AES Crypt was removed

The Bad News

Let's start with the most serious issue. An unauthenticated field in encrypted files is trusted, and this allows a man-in-the-middle to manipulate the plaintext without being detected. I wrote up a little example scenario in my bug report, along with proof of concept you can try for yourself:
GitHub issue #23: Unauthenticated header data is trusted, making the plaintext malleable
Instead of using a proper padding scheme, the size of the final block is stored in a last_block_size field in the file. Despite being placed between the encrypted message and the authentication tag, it's not authenticated. This is a huge no-no and must be fixed before it would be reasonable to recommend this tool to anyone for any use.
It's not a problem with the code, but the file format itself. Therefore all versions are affected, and the fix will require a new file format (version 3?).
It could be fixed by including the last_block_size field when authenticating, but it would be much better to drop this field and use a standard padding scheme like PKCS#5. As a really minor bonus, this would also hide the exact file length from snoops.

Weak key derivation

The encryption key is derived from the user-entered password by iterating SHA-256 8,192 times. It's not a showstopper, but this is very weak, and puts a lot more stress on choosing good passphrases. It is salted with the IV, which helps protect against some kinds of attacks.
This is part of the file format since the passphrase is usable between implementations, so all versions are affected.
Recommendation: Switch to a memory-hard KDF like Argon2 or scrypt. Less good option: allow the number of iterations to be configured, or just use more iterations. It's very easy to parallelize SHA-256, especially thanks to all those hardware implementations designed for mining Bitcoin.

More complicated than necessary

The passphrase is used to encrypt yet another key, which is used to encrypt the message. This offers no additional protection, and it's not used for anything. The only reason you might want something like this is so that you can encrypt the file with more than one passphrase, allowing it to be decrypted with any individual passphrase. But that's not a feature of AES Crypt.
Worse, it actually weakens the format since it makes brute force attacks on the passphrase faster. No need to check guesses against the entire ciphertext, just the fixed-length key!
This is part of the file format so all versions are affected.
Recommendation: Get rid of this. It's not a big deal, it's just pointless.

Some cargo culting

Entropy read from the operating system (/dev/urandom, etc.) isn't entirely trusted for some reason, so it's hashed along with the current time and PID. That's not sufficient to accomplish anything useful. It doesn't hurt, but it's a strange thing to do.
This isn't part of the file format, so it's just a quirk of the Linux and Windows implementations.

Ambiguous licensing

I am unable to find any license governing the C Linux and Windows versions of the software. There's no LICENSE file, and the individual sources are not consistently marked. The AES implementation is embedded and marked as GPL, which suggests the entire source is GPL.
So at the moment a conservative take would be that AES Crypt is source available but not necessarily Open Source.

Perhaps some code quality issues?

There were a couple cases of undefined behavior. I submitted a patch to fix these. (Update: This patch was never accepted, and so AES Crypt still invokes undefined behavior each time it's used to encrypt data, making all its output suspect.)
The very second time I ran the aescrypt command after compiling it, I got a segmentation fault, which was pretty alarming. I submitted a patch to fix this, too (Update: also never accepted), but considering how quickly I found this, I wonder how many more issues are lingering. File name handling is a mess. Though, as a command line program, it's probably reasonable to consider the command line arguments trusted inputs.
I looked mostly at the code that does encryption and decryption, and that part is pretty solid. It does thorough error checking and is even careful to clean up before bailing out.

Variable-time comparison

The memcmp() function is used to verify the authentication tag, which takes a variable amount of time to complete. It's not significant for a command line application like this since it's never going to behave as an oracle for an attacker, but something to notice, especially if the code is reused in, say, a server implementation of AES Crypt.

The Good News

It's not well documented, but the encryption scheme is AES-256 in CBC mode, authenticated with encrypt-then-authenticate HMAC-SHA256. Except for the lack of padding, it's all solid stuff. The IV is generated and used properly, and the (pointless) intermediate key is also generated properly (C version, Linux and Windows).
The program makes consistent and reasonable attempts to sanitize memory holding sensitive information. Well done!
As I noted, the actual file parsing and crypto routines are, for the most part, robust with error checking and input validation. (Though, I did notice the upper four bits of last_block_size is allowed to hold any value with no impact on the result.)
If the padding issue is fixed with a new file format, then it's reasonable to recommend this tool with the caveat that the KDF is weak and so your passphrases must be especially strong.
Disclaimer: I wrote and maintain a similar open source tool called Enchive which is perhaps a "competitor" in this area.
submitted by skeeto to privacytoolsIO [link] [comments]

Best CPU/GPU upgrade for HP ML310e v2?

Hey Guys,
Looking for some rec's for my home server upgrade....
I bought an HP ML310e v2 with a Xeon E3-1220 V3 years ago for my plex/nas server and I've been looking for a way to add hardware acceleration for transcoding for my Plex server (the E3-1220 V3 does not come with a GPU so no quicksync or anything like that).
Would you guys recommend I upgrade the CPU (will still need to be a Xeon since I run ECC ram) and if so, what CPU makes sense? Would it just be the top end E3-1271 V3 according to the HP datasheet or is there a better CPU I could install?
Or should I just add a GPU into one of the PCI slots and call it a day (I have no kept up to date on the latest GPU wars so no clue where to start)?
I'm running Windows Server 2012 R2 for my OS, The server sits in the basement so there's no real consideration for noise/heat. I'm not interested in bitcoin mining or anything like that. Though I do like the idea of hosting a steam link session to my Apple TV if the GPU is good enough (is steam link even a thing still?).
TIA!
submitted by machineglow to homelab [link] [comments]

TESTING VIRTUAL MACHINES HELP New to this

Hello, I am new to this whole servers theme. In my work I have 4 virtual machines: 2 windows (2012 & 2008) 2 linux (ubuntu 14 & centos)
I have to test the performance of our servers versus other servers, I need some kind of software, code, web application (all free) that I can run to compare and test the servers. I have heard of bitcoin mining, etc. Please help. I am just starting with this infrastructure themes.
submitted by diegoescobar96 to servers [link] [comments]

AMD's Growing CPU Advantage Over Intel

https://seekingalpha.com/article/4152240-amds-growing-cpu-advantage-intel?page=1
AMD's Growing CPU Advantage Over Intel Mar. 1.18 | About: Advanced Micro (AMD)
Raymond Caron, Ph.D. Tech, solar, natural resources, energy (315 followers) Summary AMD's past and economic hazards. AMD's Current market conditions. AMD Zen CPU advantage over Intel. AMD is primarily a CPU fabrication company with much experience and a great history in that respect. They hold patents for 64-bit processing, as well as ARM based processing patents, and GPU architecture patents. AMD built a name for itself in the mid-to-late 90’s when they introduced the K-series CPU’s to good reviews followed by the Athlon series in ‘99. AMD was profitable, they bought the companies NexGen, Alchemy Semiconductor, and ATI. Past Economic Hazards If AMD has such a great history, then what happened? Before I go over the technical advantage that AMD has over Intel, it’s worth looking to see how AMD failed in the past, and to see if those hazards still present a risk to AMD. As for investment purposes we’re more interested in AMD’s turning a profit. AMD suffered from intermittent CPU fabrication problems, and was also the victim of sustained anti-competitive behaviour from Intel who interfered with AMD’s attempts to sell its CPU’s to the market through Sony, Hitachi, Toshiba, Fujitsu, NEC, Dell, Gateway, HP, Acer, and Lenovo. Intel was investigated and/or fined by multiple countries including Japan, Korea, USA, and EU. These hazard needs to be examined to see if history will repeat itself. There have been some rather large changes in the market since then.
1) The EU has shown they are not averse to leveling large fines, and Intel is still fighting the guilty verdict from the last EU fine levied against them; they’ve already lost one appeal. It’s conceivable to expect that the EU, and other countries, would prosecute Intel again. This is compounded by the recent security problems with Intel CPU’s and the fact that Intel sold these CPU’s under false advertising as secure when Intel knew they were not. Here are some of the largest fines dished out by the EU
2) The Internet has evolved from Web 1.0 to 2.0. Consumers are increasing their online presence each year. This reduces the clout that Intel can wield over the market as AMD can more easily sell to consumers through smaller Internet based companies.
3) Traditional distributors (HP, Dell, Lenovo, etc.) are struggling. All of these companies have had recent issues with declining revenue due to Internet competition, and ARM competition. These companies are struggling for sales and this reduces the clout that Intel has over them, as Intel is no longer able to ensure their future. It no longer pays to be in the club. These points are summarized in the graph below, from Statista, which shows “ODM Direct” sales and “other sales” increasing their market share from 2009 to Q3 2017. 4) AMD spun off Global Foundries as a separate company. AMD has a fabrication agreement with Global Foundries, but is also free to fabricate at another foundry such as TSMC, where AMD has recently announced they will be printing Vega at 7nm.
5) Global Foundries developed the capability to fabricate at 16nm, 14nm, and 12nm alongside Samsung, and IBM, and bought the process from IBM to fabricate at 7nm. These three companies have been cooperating to develop new fabrication nodes.
6) The computer market has grown much larger since the mid-90’s – 2006 when AMD last had a significant tangible advantage over Intel, as computer sales rose steadily until 2011 before starting a slow decline, see Statista graph below. The decline corresponds directly to the loss of competition in the marketplace between AMD and Intel, when AMD released the Bulldozer CPU in 2011. Tablets also became available starting in 2010 and contributed to the fall in computer sales which started falling in 2012. It’s important to note that computer shipments did not fall in 2017, they remained static, and AMD’s GPU market share rose in Q4 2017 at the expense of Nvidia and Intel.
7) In terms of fabrication, AMD has access to 7nm on Global Foundries as well as through TSMC. It’s unlikely that AMD will experience CPU fabrication problems in the future. This is something of a reversal of fortunes as Intel is now experiencing issues with its 10nm fabrication facilities which are behind schedule by more than 2 years, and maybe longer. It would be costly for Intel to use another foundry to print their CPU’s due to the overhead that their current foundries have on their bottom line. If Intel is unable to get the 10nm process working, they’re going to have difficulty competing with AMD. AMD: Current market conditions In 2011 AMD released its Bulldozer line of CPU’s to poor reviews and was relegated to selling on the discount market where sales margins are low. Since that time AMD’s profits have been largely determined by the performance of its GPU and Semi-Custom business. Analysts have become accustomed to looking at AMD’s revenue from a GPU perspective, which isn’t currently being seen in a positive light due to the relation between AMD GPU’s and cryptocurrency mining.
The market views cryptocurrency as further risk to AMD. When Bitcoin was introduced it was also mined with GPU’s. When the currency switched to ASIC circuits (a basic inexpensive and simple circuit) for increased profitability (ASIC’s are cheaper because they’re simple), the GPU’s purchased for mining were resold on the market and ended up competing with and hurting new AMD GPU sales. There is also perceived risk to AMD from Nvidia which has favorable reviews for its Pascal GPU offerings. While AMD has been selling GPU’s they haven’t increased GPU supply due to cryptocurrency demand, while Nvidia has. This resulted in a very high cost for AMD GPU’s relative to Nvidia’s. There are strategic reasons for AMD’s current position:
1) While the AMD GPU’s are profitable and greatly desired for cryptocurrency mining, AMD’s market access is through 3rd party resellers whom enjoy the revenue from marked-up GPU sales. AMD most likely makes lower margins on GPU sales relative to the Zen CPU sales due to higher fabrication costs associated with the fabrication of larger size dies and the corresponding lower yield. For reference I’ve included the size of AMD’s and Nvidia’s GPU’s as well as AMD’s Ryzen CPU and Intel’s Coffee lake 8th generation CPU. This suggests that if AMD had to pick and choose between products, they’d focus on Zen due higher yield and revenue from sales and an increase in margin.
2) If AMD maintained historical levels of GPU production in the face of cryptocurrency demand, while increasing production for Zen products, they would maximize potential income for highest margin products (EPYC), while reducing future vulnerability to second-hand GPU sales being resold on the market. 3) AMD was burned in the past from second hand GPU’s and want to avoid repeating that experience. AMD stated several times that the cryptocurrency boom was not factored into forward looking statements, meaning they haven’t produced more GPU’s to expect more GPU sales.
In contrast, Nvidia increased its production of GPU’s due to cryptocurrency demand, as AMD did in the past. Since their Pascal GPU has entered its 2nd year on the market and is capable of running video games for years to come (1080p and 4k gaming), Nvidia will be entering a position where they will be competing directly with older GPU’s used for mining, that are as capable as the cards Nvidia is currently selling. Second-hand GPU’s from mining are known to function very well, with only a need to replace the fan. This is because semiconductors work best in a steady state, as opposed to being turned on and off, so it will endure less wear when used 24/7.
The market is also pessimistic regarding AMD’s P/E ratio. The market is accustomed to evaluating stocks using the P/E ratio. This statistical test is not actually accurate in evaluating new companies, or companies going into or coming out of bankruptcy. It is more accurate in evaluating companies that have a consistent business operating trend over time.
“Similarly, a company with very low earnings now may command a very high P/E ratio even though it isn’t necessarily overvalued. The company may have just IPO’d and growth expectations are very high, or expectations remain high since the company dominates the technology in its space.” P/E Ratio: Problems With The P/E I regard the pessimism surrounding AMD stock due to GPU’s and past history as a positive trait, because the threat is minor. While AMD is experiencing competitive problems with its GPU’s in gaming AMD holds an advantage in Blockchain processing which stands to be a larger and more lucrative market. I also believe that AMD’s progress with Zen, particularly with EPYC and the recent Meltdown related security and performance issues with all Intel CPU offerings far outweigh any GPU turbulence. This turns the pessimism surrounding AMD regarding its GPU’s into a stock benefit. 1) A pessimistic group prevents the stock from becoming a bubble. -It provides a counter argument against hype relating to product launches that are not proven by earnings. Which is unfortunately a historical trend for AMD as they have had difficulty selling server CPU’s, and consumer CPU’s in the past due to market interference by Intel. 2) It creates predictable daily, weekly, monthly, quarterly fluctuations in the stock price that can be used, to generate income. 3) Due to recent product launches and market conditions (Zen architecture advantage, 12nm node launching, Meltdown performance flaw affecting all Intel CPU’s, Intel’s problems with 10nm) and the fact that AMD is once again selling a competitive product, AMD is making more money each quarter. Therefore the base price of AMD’s stock will rise with earnings, as we’re seeing. This is also a form of investment security, where perceived losses are returned over time, due to a stock that is in a long-term upward trajectory due to new products reaching a responsive market.
4) AMD remains a cheap stock. While it’s volatile it’s stuck in a long-term upward trend due to market conditions and new product launches. An investor can buy more stock (with a limited budget) to maximize earnings. This is advantage also means that the stock is more easily manipulated, as seen during the Q3 2017 ER.
5) The pessimism is unfounded. The cryptocurrency craze hasn’t died, it increased – fell – and recovered. The second hand market did not see an influx of mining GPU’s as mining remains profitable.
6) Blockchain is an emerging market, that will eclipse the gaming market in size due to the wide breath of applications across various industries. Vega is a highly desired product for Blockchain applications as AMD has retained a processing and performance advantage over Nvidia. There are more and rapidly growing applications for Blockchain every day, all (or most) of which will require GPU’s. For instance Microsoft, The Golem supercomputer, IBM, HP, Oracle, Red Hat, and others. Long-term upwards trend AMD is at the beginning of a long-term upward trend supported by a comprehensive and competitive product portfolio that is still being delivered to the market, AMD referred to this as product ramping. AMD’s most effective products with Zen is EPYC, and the Raven Ridge APU. EPYC entered the market in mid-December and was completely sold out by mid-January, but has since been restocked. Intel remains uncompetitive in that industry as their CPU offerings are retarded by a 40% performance flaw due to Meltdown patches. Server CPU sales command the highest margins for both Intel and AMD.
The AMD Raven Ridge APU was recently released to excellent reviews. The APU is significant due to high GPU prices driven buy cryptocurrency, and the fact that the APU is a CPU/GPU hybrid which has the performance to play games available today at 1080p. The APU also supports the Vulcan API, which can call upon multiple GPU’s to increase performance, so a system can be upgraded with an AMD or Nvidia GPU that supports Vulcan API at a later date for increased performance for those games or workloads that been programmed to support it. Or the APU can be replaced when the prices of GPU’s fall.
AMD also stands to benefit as Intel confirmed that their new 10 nm fabrication node is behind in technical capability relative to the Samsung, TSMC, and Global Foundries 7 nm fabrication process. This brings into questions Intel’s competitiveness in 2019 and beyond. Take-Away • AMD was uncompetitive with respect to CPU’s from 2011 to 2017 • When AMD was competitive, from 1996 to 2011 they did record profit and bought 3 companies including ATI. • AMD CPU business suffered from: • Market manipulation from Intel. • Intel fined by EU, Japan, Korea, and settled with the USA • Foundry productivity and upgrade complications • AMD has changed • Global Foundries spun off as an independent business • Has developed 14nm &12nm, and is implementing 7nm fabrication • Intel late on 10nm, is less competitive than 7nm node • AMD to fabricate products using multiple foundries (TSMC, Global Foundries) • The market has changed • More AMD products are available on the Internet and both the adoption of the Internet and the size of the Internet retail market has exploded, thanks to the success of smartphones and tablets. • Consumer habits have changed, more people shop online each year. Traditional retailers have lost market share. • Computer market is larger (on-average), but has been declining. While Computer shipments declined in Q2 and Q3 2017, AMD sold more CPU’s. • AMD was uncompetitive with respect to CPU’s from 2011 to 2017. • Analysts look to GPU and Semi-Custom sales for revenue. • Cryptocurrency boom intensified, no crash occurred. • AMD did not increase GPU production to meet cryptocurrency demand. • Blockchain represents a new growth potential for AMD GPU’s. • Pessimism acts as security against a stock bubble & corresponding bust. • Creates cyclical volatility in the stock that can be used to generate profit. • P/E ratio is misleading when used to evaluate AMD. • AMD has long-term growth potential. • 2017 AMD releases competitive product portfolio. • Since Zen was released in March 2017 AMD has beat ER expectations. • AMD returns to profitability in 2017. • AMD taking measureable market share from Intel in OEM CPU Desktop and in CPU market. • High margin server product EPYC released in December 2017 before worst ever CPU security bug found in Intel CPU’s that are hit with detrimental 40% performance patch. • Ryzen APU (Raven Ridge) announced in February 2018, to meet gaming GPU shortage created by high GPU demand for cryptocurrency mining. • Blockchain is a long-term growth opportunity for AMD. • Intel is behind the competition for the next CPU fabrication node. AMD’s growing CPU advantage over Intel About AMD’s Zen Zen is a technical breakthrough in CPU architecture because it’s a modular design and because it is a small CPU while providing similar or better performance than the Intel competition.
Since Zen was released in March 2017, we’ve seen AMD go from 18% CPU market share in the OEM consumer desktops to essentially 50% market share, this was also supported by comments from Lisa Su during the Q3 2017 ER call, by MindFactory.de, and by Amazon sales of CPU’s. We also saw AMD increase its market share of total desktop CPU’s. We also started seeing market share flux between AMD and Intel as new CPU’s are released. Zen is a technical breakthrough supported by a few general guidelines relating to electronics. This provides AMD with an across the board CPU market advantage over Intel for every CPU market addressed.
1) The larger the CPU the lower the yield. - Zen architecture that makes up Ryzen, Threadripper, and EPYC is smaller (44 mm2 compared to 151 mm2 for Coffee Lake). A larger CPU means fewer CPU’s made during fabrication per wafer. AMD will have roughly 3x the fabrication yield for each Zen printed compared to each Coffee Lake printed, therefore each CPU has a much lower cost of manufacturing.
2) The larger the CPU the harder it is to fabricate without errors. - The chance that a CPU will be perfectly fabricated falls exponentially with increasing surface area. Intel will have fewer high quality CPU’s printed compared to AMD. This means that AMD will make a higher margin on each CPU sold. AMD’s supply of perfect printed Ryzen’s (1800X) are so high that the company had to give them away at a reduced cost in order to meet supply demands for the cheaper Ryzen 5 1600X. If you bought a 1600X in August/September, you probably ended up with an 1800X.
3) Larger CPU’s are harder to fabricate without errors on smaller nodes. -The technical capability to fabricate CPU’s at smaller nodes becomes more difficult due to the higher precision that is required to fabricate at a smaller node, and due to the corresponding increase in errors. “A second reason for the slowdown is that it’s simply getting harder to design, inspect and test chips at advanced nodes. Physical effects such as heat, electrostatic discharge and electromagnetic interference are more pronounced at 7nm than at 28nm. It also takes more power to drive signals through skinny wires, and circuits are more sensitive to test and inspection, as well as to thermal migration across a chip. All of that needs to be accounted for and simulated using multi-physics simulation, emulation and prototyping.“ Is 7nm The Last Major Node? “Simply put, the first generation of 10nm requires small processors to ensure high yields. Intel seems to be putting the smaller die sizes (i.e. anything under 15W for a laptop) into the 10nm Cannon Lake bucket, while the larger 35W+ chips will be on 14++ Coffee Lake, a tried and tested sub-node for larger CPUs. While the desktop sits on 14++ for a bit longer, it gives time for Intel to further develop their 10nm fabrication abilities, leading to their 10+ process for larger chips by working their other large chip segments (FPGA, MIC) first.” There are plenty of steps where errors can be created within a fabricated CPU. This is most likely the culprit behind Intel’s inability to launch its 10nm fabrication process. They’re simply unable to print such a large CPU on such a small node with high enough yields to make the process competitive. Intel thought they were ahead of the competition with respect to printing large CPU’s on a small node, until AMD avoided the issue completely by designing a smaller modular CPU. Intel avoided any mention of its 10nm node during its Q4 2017 ER, which I interpret as bad news for Intel shareholders. If you have nothing good to say, then you don’t say anything. Intel having nothing to say about something that is fundamentally critical to its success as a company can’t be good. Intel is on track however to deliver hybrid CPU’s where some small components are printed on 10nm. It’s recently also come to light that Intel’s 10nm node is less competitive than the Global Foundries, Samsung, and TSMC 7nm nodes, which means that Intel is now firmly behind in CPU fabrication. 4) AMD Zen is a new architecture built from the ground up. Intel’s CPU’s are built on-top of older architecture developed with 30-yr old strategies, some of which we’ve recently discovered are flawed. This resulted in the Meltdown flaw, the Spectre flaws, and also includes the ME, and AMT bugs in Intel CPU’s. While AMD is still affected by Spectre, AMD has only ever acknowledged that they’re completely susceptible to Spectre 1, as AMD considers Spectre 2 to be difficult to exploit on an AMD Zen CPU. “It is much more difficult on all AMD CPUs, because BTB entries are not aliased - the attacker must know (and be able to execute arbitrary code at) the exact address of the targeted branch instruction.” Technical Analysis of Spectre & Meltdown * Amd Further reading Spectre and Meltdown: Linux creator Linus Torvalds criticises Intel's 'garbage' patches | ZDNet FYI: Processor bugs are everywhere - just ask Intel and AMD Meltdown and Spectre: Good news for AMD users, (more) bad news for Intel Cybersecurity agency: The only sure defense against huge chip flaw is a new chip Kernel-memory-leaking Intel processor design flaw forces Linux, Windows redesign Take-Away • AMD Zen enjoys a CPU fabrication yield advantage over Intel • AMD Zen enjoys higher yield of high quality CPU’s • Intel’s CPU’s are affected with 40% performance drop due to Meltdown flaw that affect server CPU sales.
AMD stock drivers 1) EPYC • -A critically acclaimed CPU that is sold at a discount compared to Intel. • -Is not affected by 40% software slow-downs due to Meltdown. 2) Raven Ridge desktop APU • - Targets unfed GPU market which has been stifled due to cryptocurrency demand - Customers can upgrade to a new CPU or add a GPU at a later date without changing the motherboard. • - AM4 motherboard supported until 2020. 3) Vega GPU sales to Intel for 8th generation CPU’s with integrated graphics. • - AMD gains access to the complete desktop and mobile market through Intel.
4) Mobile Ryzen APU sales • -Providing gaming capability in a compact power envelope.
5) Ryzen and Threadripper sales • -Fabricated on 12nm in April. • -May eliminate Intel’s last remaining CPU advantage in IPC single core processing. • -AM4 motherboard supported until 2020. • -7nm Ryzen on track for early 2019. 6) Others: Vega, Polaris, Semi-custom, etc. • -I consider any positive developments here to be gravy. Conclusion While in the past Intel interfered with AMD's ability to bring it's products to market, the market has changed. The internet has grown significantly and is now a large market that dominates when in computer sales. It's questionable if Intel still has the influence to affect this new market, and doing so would most certainly result in fines and further bad press.
AMD's foundry problems were turned into an advantage over Intel.
AMD's more recent past was heavily influenced by the failure of the Bulldozer line of CPU's that dragged on AMD's bottom line from 2011 to 2017.
AMD's Zen line of CPU's is a breakthrough that exploits an alternative, superior strategy, in chip design which results in a smaller CPU. A smaller CPU enjoys compounded yield and quality advantages over Intel's CPU architecture. Intel's lead in CPU performance will at the very least be challenged and will more likely come to an end in 2018, until they release a redesigned CPU.
I previously targeted AMD to be worth $20 by the end of Q4 2017 ER. This was based on the speed that Intel was able to get products to market, in comparison AMD is much slower. I believe the stock should be there, but the GPU related story was prominent due to cryptocurrency craze. Financial analysts need more time to catch on to what’s happening with AMD, they need an ER that is driven by CPU sales. I believe that the Q1 2018 is the ER to do that. AMD had EPYC stock in stores when the Meltdown and Spectre flaws hit the news. These CPU’s were sold out by mid-January and are large margin sales.
There are many variables at play within the market, however barring any disruptions I’d expect that AMD will be worth $20 at some point in 2018 due these market drivers. If AMD sold enough EPYC CPU’s due to Intel’s ongoing CPU security problems, then it may occur following the ER in Q1 2018. However, if anything is customary with AMD, it’s that these things always take longer than expected.
submitted by kchia124 to AMD_Stock [link] [comments]

My theory: There was collusion, but Trump ripped off Russia in the deal and has us in a more serious situation than we think. A timeline.

I’m not usually a conspiracy theorist, but it all fit together too well to ignore. Feel free to poke holes in this, I’d like to be proven wrong.
The cold war never ended, it just moved online.
1991 - The cold war is declared over and the internet rises at a lightning pace. Much like the space program had before it. A cyberspace race. By nature of being the bulk of its inventors, the US is untouchable in cyber espionage. The NSA stockpiles all of the malicious code and secret vulnerabilities they can gather and rather than alert the world to them and help create fixes, they leave them active and turn them into tools for their agents to use against foreign powers. Eventually they also turn their attention inward and start using that software against their own people in a surveillance and manipulation program that dwarfs what the KGB had just been destroyed for doing.
2009 - Edward Snowden discovers the NSA running these programs and is outraged by the violation of rights and hypocrisy. He begins complaining in an attempt to get the system shut down and have our dirty little secret ended without national embarrassment. “I had raised these complaints not just officially in writing through email, but to my supervisors, to my colleagues, in more than one office. I did it in Fort Meade. I did it in Hawaii. And many, many of these individuals were shocked by these programs. They had never seen them themselves. And the ones who had, went, "You know, you're right. ... But if you say something about this, they're going to destroy you".
March 2011 – It’s discovered that the US military is developing software to create, spread and control social media sock puppet armies. They promise it’s to use against foreign enemies, we’re told that it’s illegal for them to use against US citizens. https://www.theguardian.com/technology/2011/ma17/us-spy-operation-social-networks
March 2013 - James Clapper blatantly lies to congress and denies the existence of the domestic surveillance program entirely. Snowden says this moment is when he realizes his hope is futile and May 2013 he begins releasing evidence of the collected data to expose the program and force it to stop, then waits out the storm in Hong Kong.
I believe Snowden had an insurance policy. Along with the surveillance data that he had planned to release, he stole an NSA toolkit that would not be released. A drive full of the nastiest bugs and backdoors the NSA could invent that would be released to the public in the event of his death. The US government wouldn’t dare risk it.
July 2013 – The public outrage over what’s been exposed should be astounding…but it’s not. It seems like no one cares. And at this point the NSA knows the toolkit has been stolen, it could destroy us. Desperate times call for desperate measures. The anti-propaganda law is repealed, freeing the US government to use propaganda against its own people. Those sock puppet armies are turned against us and it’s made to look like the majority of the US public doesn’t care about surveillance. Even South Park runs an episode in September mocking people’s indifference to the NSA. https://en.wikipedia.org/wiki/National_Defense_Authorization_Act_for_Fiscal_Year_2013#Smith-Mundt_Modernization_Act_of_2012
https://www.techdirt.com/articles/20130715/11210223804/anti-propaganda-ban-repealed-freeing-state-dept-to-direct-its-broadcasting-arm-american-citizens.shtml
http://foreignpolicy.com/2013/07/14/u-s-repeals-propaganda-ban-spreads-government-made-news-to-americans/
A massive domestic spy program is uncovered and they get away with it. Snowden isn’t a national hero, no one cares and in mid June 2013 the US files charges against him. He took a shot at the king and missed. The US rescinds his passport and demands Hong Kong extradite him. He’ll use his stolen toolkit to avoid a death penalty.
Russia would have suspected Snowden had this insurance policy. They tell him to spite America, they’ll arrange a flight for him from Hong Kong to Ecuador despite his lack of passport, with just a short layover in Russia. The layover becomes permanent when they refuse to finish the flight due to that lack of passport. Russia tells him he now has a choice, hand over the toolkit or you’ll be killed here and your country won’t care. Russia doesn’t care if his death triggers the release, it’s their intention to do that anyway. He holds out for 39 days in the airport but on August 1st 2013 he caves, is given asylum in Russia and Russia is discretely given the master keys to the internet.
The NSA is in an impossible position. They should alert the world that their monster has escaped its cage and help us secure our systems from it. But to do that would be to admit an indefensible extent of surveillance and now manipulation they themselves had carried out for years. The people would overthrow them immediately. In addition, every vulnerability they fix removes it from Russia’s arsenal but also from their own. I suspect they were using some of those vulnerabilities to sabotage the North Korean missile and Iranian nuclear programs. To fix them now would be to let those programs progress unhindered. I suspect this sort of catch-22 is how the Obama administration originally justified the surveillance to itself. And so the US does nothing.
Russia now has almost unfettered access on the internet, a backdoor on every computer manufactured before that date. I believe their Kompromat program became limitless. I believe they gathered every secret that existed to be found, on every member of our government and corporate world and what couldn’t be found could be planted. I’ll reference this again on *April 8 2016. *
February 2014 - Emboldened by our silence Russia moves to take Crimea 6 months later. We do not stay silent.
March 2014 - Obama uses Crimea as a cover to impose crippling sanctions on Russia. It cuts their currency and GDP in half.
November 2014 - Sony suffers a massive hack. Supposedly, by North Korea in retaliation over a Seth Rogan movie. It’s embarrassing but mostly inconsequential. North Korea denies involvement, no one believes them. I believe it’s a message from Russia. “We have the weapon and we know how to use it.”
February 2015 – Kaspersky Labs, a Russian company, exposes to the world how deeply the NSA’s infiltration has gone. All hard drives have been shipped with an NSA backdoor preinstalled. http://www.businessinsider.com/r-russian-researchers-expose-breakthrough-us-spying-program-2015-2
Through 2015 Microsoft makes an oddly strong push to get us all to update to Windows 10. Even bootleggers can get a free upgrade. A disguised evacuation from the badly compromised XP, 7 and 8? Or pushing a new OS into the world to give the NSA a new playing field to regain an advantage on?
I suspect Putin now reaches out to Robert Mercer, financier of data mining company Cambridge Analytica. He offers to make Mercer an American oligarch. Putin will provide the most advanced data gathering tools the NSA could create, Mercer will use them to collect data that lets his candidates target voters with uncanny accuracy and win elections. Kushner later raves about the complexity of their marketing system. https://www.forbes.com/sites/stevenbertoni/2017/05/26/jared-kushner-in-his-own-words-on-the-trump-data-operation-the-fbi-is-reportedly-probing/#619dd401a90f
At the same time, Mercer will share that data with Putin who then uses botnets and other illegitimate means to influence the same voters, in the same direction, but without being visibly connected to the candidate. Later there will be controversy over a server in Trump Tower communicating with a Russian bank. I believe this is that sharing. http://www.cnn.com/2017/03/09/politics/fbi-investigation-continues-into-odd-computer-link-between-russian-bank-and-trump-organization/index.html
In 2015 Cambridge Analytica first backs Ted Cruz. The most hated man in DC and a proven track record of bringing the system to a grinding halt. The obvious choice. But Trumps bombastic personality and Cruz’s lack of one threatens the plan. In December 2015 when a Quinnipiac poll shows Cruz in second place behind Trump, Cambridge Analytica promptly dumps Cruz and picks up Trump. Sometime later Trump paranoidly projects that the only way Hillary can win is by rigging the election.
July 2016 - Trump wins the Republican nomination.
August 2016 - A hacker group called The Shadow Brokers makes the news. I believe this is Putin finally flaunting to the world what he’s done. They tell us they’ve stolen a toolkit from The Equation Group, who have been suspected to be the NSA. The files in the toolkit are NSA but only as recent as 2013, a few months after Snowden’s departure. I suspect the file dates were altered just enough to give Snowden deniability. They release half of them to the public as proof. It’s bad, we’re warned that a lot of horrible malware will come from this for years to come. And now that the code is public, those attacks could plausibly come from anyone. The other half is kept encrypted, promised to be worse, and they comically struggle and fail to sell it on the black market. No one seems willing to touch it.
November 2016 - Our election is hit by an unprecedented number of attacks. 5 per second 24 hours a day in Illinois. 150,000 total in South Carolina. 39 states altogether. Everyone who was anyone took Putin’s free gift and hit us with it. https://www.engadget.com/2017/07/17/south-carolina-150-000-election-day-hacking-attempts/
Trump wins the election.
His first, maybe only job, is to lift the sanctions. Russia needs it done yesterday. Instead, Trump immediately gets into a fight with the media over the size of his inauguration crowd and makes a wild claim of 3 million illegal votes.
I believe Cambridge Analytica using NSA tools, had the ability to analyze every American voter’s online habits and predict their vote. I believe they promised Trump a win over Hillary and gave him a very specific vote count. When Hillary wins the popular vote with 3 million more votes, Trump is paranoid that she must have added her own fake votes which threw his prophesized number. And maybe she did. But with no evidence that he can admit to the rest of us, Trump blames it on illegal immigrants and starts demanding voter information so that he can compare the numbers.
This eats Trumps fragile ego alive. For eternity his legitimacy will be questioned in history books. Trumps attitude toward Russia sours. “You promised me a win and cost me the popular vote, our deal is void.” Trump does what he’s done to so many of the people he’s worked with before and decides he’s not going to pay his end of the deal. He busies himself putting Gorsuch on the SCOTUS, the beginnings of his wall and an immigration ban, ignoring Russia publicly and privately.
The cold war warms up.
January 23 – Trump appoints Ajit Pai to head the FCC. He is hell bent on reversing net neutrality laws, making it legal to throttle or block websites to citizens. Later, congress claims this was a direct order from Trump. Along with being able to predict how people will vote based on their browsing habits, they’ll now be able to directly influence those browsing habits. https://techcrunch.com/2017/08/06/10-members-of-congress-rake-fcc-over-the-coals-in-official-net-neutrality-comment/
February 9 – Jeff Sessions is made Attorney General to defend Trump from both an angry Russia and angry Congress. He’ll later recuse himself and Trump will state that if he had known that he wouldn’t have hired him in the first place.
February 10 – Russia considers giving Snowden to US as a gift. https://www.cnbc.com/2017/02/10/russia-eyes-sending-snowden-to-us-as-gift-to-trump-official-tells-nbc-news.html
February 13 – Trump seemingly is not interested. Michael Flynn’s Russian connections are “discovered” by the White House and he resigns.
February 14 – Russia violates a cold war arms treaty and shows that it has been developing cruise missiles. “I can reach you.” It says to Trump. https://www.nytimes.com/2017/02/14/world/europe/russia-cruise-missile-arms-control-treaty.html
February 14 – Congress starts to question their too-good-to-be-true win and a republican senator calls for an investigation into ties between Trump and Russia. Most squabble over healthcare. http://www.cnn.com/2017/02/14/politics/kfile-roy-blunt-flynn-investigation/index.html
February 27 – Trump makes major cuts to agencies and dumps all $54 billion of it into defense spending. They’re going to need it. https://www.washingtonpost.com/powerpost/trump-to-propose-10-percent-spike-in-defense-spending-massive-cuts-to-other-agencies/2017/02/27/867f9690-fcf2-11e6-99b4-9e613afeb09f_story.html?utm_term=.ed55293971c8
February 28 – Amazon has a major failure and the East coast US suffers an internet outage. http://bgr.com/2017/02/28/internet-outage-amazon-web-services/
March 7 – North Korea finally gets its missiles to survive launch and sends 4 towards a US base in Japan. I suspect Russia has made them aware of the vulnerabilities that had been plaguing their program. The US deploys its own missiles in South Korea. https://www.nytimes.com/2017/03/07/world/asia/thaad-missile-defense-us-south-korea-china.html
March 16 – Dan Coats, an anti-Russia senator is appointed by Trump as Director of National Intelligence, James Clappers old position. Kind of poetic really. A concept stolen from Russia, turned into a monster by Clapper, stolen back by Russia and used to remove Clapper, whose successor is now sent to kill it.
March 23 – Senate Republicans vote to allow the sale of citizen’s private browser history. Making the kind of data collection and manipulation I suspect Cambridge Analytica of doing, now legal for future use. https://www.buzzfeed.com/hamzashaban/the-republican-controlled-senate-votes-to-strip-internet?utm_term=.duwxxZYeY5#.sygwwvZkZj
March 30 – Michael Flynn offers to testify on Russia.
April 4 – 4 days after Tillerson had told Assad he could stay in power, Assad appears to drop chemical weapons on his own people. Assad denies it. The receiving hospital is also hit with conventional weapons in an effort to kill surviving witnesses. I believe it was Russia embarrassing the US.
April 7 – In response Trump hits a nearly empty airfield with 59 Tomahawk missiles. We’re told that it was retaliation against Syria and that Russia was warned beforehand and evacuated. I don’t believe they were. I believe Trump picked the most empty airfield shared by both Syria and Russia where damage would be minimal and bombed it without warning to either of them in an attempt to scare Russia. Russia condemns the strike and suspends air cooperation with the US. The airfield returns to operations the same day.
April 8 - The Shadow Brokers post an open letter to Trump that begins *“Respectfully, what the fuck are you doing?” * and telling him to remember his base, remember who got him elected. Again, I believe this is Putin speaking directly to Trump. He hints at the dirt he either has or can plant on McCain and Lindsay Graham, if only Trump will ask. The things he hints at are extreme. It is at this point that I now suspect Putin has gained this kind of information on a vast majority of our government and business world. Even if the blackmail victims are willing to face the shame to alert us to what’s happening, they’re warned that if the operations is exposed, everyone’s secrets will be released. The country would suddenly need a special election for half of its government and half of its corporations would crumble. It would be chaos. Mutually assured destruction. All anyone caught by Putin can do, is furrow their brow and be deeply disturbed.
In this same letter the Shadow Brokers ask Trump why he hasn’t yet filed charges against all powerful entities in the US. “Doing so, you could be seizing all their IT systems, freeze their financial assets, arrest key leadership.” This was a key step in Putin’s rise to power. I believe that even if Trump and Putin are having a couples squabble, Putin still needs Trump to remember this step. They release more of the NSA code as punishment. https://medium.com/@shadowbrokerss/dont-forget-your-base-867d304a94b1
The emergency siren system in Dallas is set off. https://www.usatoday.com/story/news/2017/04/08/hacker-triggers-all-156-emergency-sirens-dallas/100212412/
April 12 – Tillerson is sent to Moscow to meet with Putin to discuss tensions “over the Syria strike”. They are unable to come to agreements.
April 13 –Trump drops the Mother of All Bombs on Afghanistan for Russia to see.
April 14 - The Shadow Brokers dump more NSA exploits. Included in this batch is EternalBlue, one of the most destructive exploits that’s been seen in years.
April 14 – North Korea, whose missiles can now fly in a more or less straight line, threatens a preemptive strike on the US. The US threatens a strike back. Trump gets out of town and heads to Mar-a-Lago just in case. http://thehill.com/policy/international/328796-north-korean-official-warns-of-preemptive-strike-of-its-own
http://www.nbcnews.com/news/world/u-s-may-launch-strike-if-north-korea-reaches-nuclear-n746366
http://www.cnn.com/2017/04/14/politics/donald-trump-north-korea-mar-a-lago/
April 15 – North Korea unveils an ICBM that can theoretically hit all of the United States. I believe that in exchange for stopping America’s sabotage of their nuclear program, NK is acting as Russia’s nuclear attack dog. He’s long wanted to be the one to do it. Now he’ll have Russian defense if he does.
April 21 - The power grids in New York, LA and San Francisco fail, it’s blamed on mechanical failure. https://www.inverse.com/article/30635-everything-we-know-la-nyc-sf-power-outages
May 9 – Comey is fired by Trump as he works on the Russian investigation. Trump justifies it by quoting and mocking Chuck Schumer with a tweet… *“Cryin' Chuck Schumer stated recently, "I do not have confidence in him (James Comey) any longer." Then acts so indignant.” *
May 12 – The Wanna Cry ransomware scares the world. Built from the previously released EternalBlue exploit, it begins in Russia and races across the globe, locking computers and demanding a bitcoin ransom. It looks to be a catastrophic infection. Our hospitals are particularly crippled by it. The name mocks Trumps own words days before.
May 13 – By dumb luck a kill switch is left in the Wanna Cry code and British security researcher Marcus Hutchins disables it by registering a $10 website domain. What should have been a ransom in the billions of dollars tops out at $130,000. https://www.malwaretech.com/2017/05/how-to-accidentally-stop-a-global-cyber-attacks.html
After the attack, Kaspersky Labs will identify North Korea as being the attacker. North Korea will deny it. Later, Kaspersky will be cut out of the defense budget and banned from US government computers. Later still, Kaspersky will file an antitrust lawsuit against Microsoft, claiming that Windows 10 removes Kaspersky software from users computers when they upgrade.
https://www.cyberscoop.com/kaspersky-banned-us-dod-ndaa-russian-influence/
https://www.theverge.com/2017/6/6/15745164/kaspersky-antitrust-complaint-microsoft-european-commission
May 27 – British airways has a massive system failure which they blame on outsource employee ineptitude. I suspect this is a warning to Theresa May in response to England preventing Wanna Cry. “Stay out of this.” http://www.mirror.co.uk/news/uk-news/british-airways-caused-bank-holiday-10520182
June 7 – Amazon goes down. https://www.theverge.com/2017/6/7/15759046/amazon-product-pages-down-outage-offline-503
June 19 – A cyber analyst finds an unsecured Amazon server owned by GOP voter targeting firm Deep Root Analytics with almost all American voters records and analytics that predict who they will vote for and why. This confirms my suspicions that Cambridge Analytica used the same method to influence the presidential election. I believe that since the March 23 legalization of the selling of citizens browser histories, the GOP has been building its own voter prediction software in order to win the 2018 elections without help from Russia’s stolen data. http://www.zdnet.com/article/security-lapse-exposes-198-million-united-states-voter-records/
June 19 – All major cellular carriers go down. http://www.cbsnews.com/news/cell-phone-internet-outages-reported-across-the-u-s/
June 19 – Microsoft Skype goes down. https://techcrunch.com/2017/06/20/skype-outage-causing-connectivity-issues-company-says-its-a-global-incident/
June 27 – The Petya ransomware, built on EternalBlue, the second iteration of Wanna Cry, hits the world but seems targeted at Ukraine. Paying the ransom in this case does not unlock the data, Petya is tailored for maximum damage. https://en.wikipedia.org/wiki/2017_cyberattacks_on_Ukraine
June 30 – Microsoft Office 365 goes down. https://www.exoprise.com/2016/07/01/office-365-email-outage-june-2016/
July 3 – Chase bank goes down. https://www.washingtonpost.com/news/business/wp/2017/07/03/chase-bank-website-down-ahead-of-independence-day/?utm_term=.2135e79c6c8b
July 3 – NASDAQ suffers an attack. http://www.wired.co.uk/article/nasdaq-hack-july
July 4 – USS Hornet and much of Alameda California are hit by a power failure, 4th of July events are canceled. http://www.eastbaytimes.com/2017/07/04/alameda-power-outage-knocks-out-july-4-celebration-at-uss-hornet/
July 27 – HBO suffers the largest Hollywood hack in history. https://www.cnbc.com/2017/08/02/largest-hollywood-hack-in-history-may-have-compromised-hbo.html
July 30 – East coast power grid goes down. https://www.nytimes.com/2017/07/30/us/outer-banks-evacuation-power.html
Putin is livid.
August 3 - Marcus Hutchins, the man who saved us from Wanna Cry, is arrested by Trumps new CIA director on unrelated charges while he is in the US for a conference. He now faces 40 years in prison. https://www.theguardian.com/technology/2017/aug/03/researcher-who-stopped-wannacry-ransomware-detained-in-us
August 3 – Trump is finally forced to sign the Russian sanctions bill, making his position official. Putin will not be paid for services rendered.
August 5 – Trump schedules a vacation to be out of Washington DC for much of the next month. http://www.cnn.com/2017/08/04/politics/donald-trump-vacation-obama/index.html
I am nervous about August.
submitted by justajackassonreddit to esist [link] [comments]

Homeserver BSODs randomly. Recommendations for used servers for a home server?

My homeserver has been giving me a lot of trouble lately.
I can't seem to figure out what is wrong with this machine. It reboots frequently. I have this connected headless into my server room/closet. But every hour or so, I will discover that it had rebooted because of an "unplanned event" - which I assume is BSOD.
Ran windows memory test 2x. But reported no issues.
This mobo was previously used as a bitcoin mining rig. And it was pretty much abused. But new CPU and RAM and disks though.
Now Ive seen Ebay listings for used servers, some with pretty impressive configs with large numbers of cores and RAM. It seems like I want to just discard this box and get one of these ebay servers.
Is there a universal recommendation for what models/features I should look for?
I might spend a little more and expand beyond the 5 disks I have. Maybe 3 more for an even 8. I have a portable rackmount in the closet. ~ <$500 incl. shipping ideal.
Also need recommendations on the OS. Must be able to upload to Google Drive and Google Photos.
submitted by Gunner3210 to DataHoarder [link] [comments]

Trading Cryptocurrency Markets

Hello! My name is Slava Mikhalkin, I am a Project Owner of Crowdsale platform at Platinum, the company that knows how to start any ICO or STO in 2019.
If you want to avoid headaches with launching process, we can help you with ICO and STO advertising and promotion. See the full list of our services: Platinum.fund
I am also happy to be a part of the UBAI, the first educational institution providing the most effective online education on blockchain! We can teach you how to do ICO/STO in 2019. Today I want to tell you how to sell and transfer cryptocurrencies.
Major Exchanges
In finance, an exchange is a forum or platform for trading commodities, derivatives, securities or other financial instruments. The principle concern of an exchange is to allow trading between parties to take place in a fair and legally compliant manner, as well as to ensure that pricing information for any instrument traded on the exchange is reliable and coherently delivered to exchange participants. In the cryptocurrency space exchanges are online platforms that allow users to trade cryptocurrencies or digital currencies for fiat money or other cryptocurrencies. They can be centralized exchanges such a Binance, or decentralized exchanges such as IDEX. Most cryptocurrency exchanges allow users to trade different crypto assets with BTC or ETH after having already exchanged fiat currency for one of those cryptocurrencies. Coinbase and Kraken are the main avenue for fiat money to enter into the cryptocurrency ecosystem.
Function and History
Crypto exchanges can be market-makers that take bid/ask spreads as a commission on the transaction for facilitating the trade, or more often charge a small percentage fee for operating the forum in which the trade was made. Most crypto exchanges operate outside of Western countries, enabling them to avoid stringent financial regulations and the potential for costly and lengthy legal proceedings. These entities will often maintain bank accounts in multiple jurisdictions, allowing the exchange to accept fiat currency and process transactions from customers all over the globe.
The concept of a digital asset exchange has been around since the late 2000s and the following initial attempts at running digital asset exchanges foreshadows the trouble involved in attempting to disrupt the operation of the fiat currency baking system. The trading of digital or electronic assets predate Bitcoin’s creation by several years, with the first electronic trading entities running afoul of the Australian Securities and Investments Commission (ASIC) in late 2004. Companies such as Goldex, SydneyGoldSales, and Ozzigold, shut down voluntarily after ASIC found that they were operating without an Australian Financial Services License. E-Gold, which exchanged fiat USD for grams of precious metals in digital form, was possibly the first digital currency exchange as we know it, allowing users to make instant transfers to the accounts of other E-Gold members. At its peak in 2006 E-Gold processed $2 billion worth of transactions and boasted a user base of over 5 million people.
Popular Exchanges
Here we will give a brief overview of the features and operational history of the more popular and higher volume exchanges because these are the platforms to which newer traders will be exposed. These exchanges are recommended to use because they are the industry standard and they inspire the most confidence.
Bitfinex
Owned and operated by iFinex Inc, the cryptocurrency trading platform Bitfinex was the largest Bitcoin exchange on the planet until late 2017. Headquartered in Hong Kong and based in the US Virgin Island, Bitfinex was one of the first exchanges to offer leveraged trading (“Margin trading allows a trader to open a position with leverage. For example — we opened a margin position with 2X leverage. Our base assets had increased by 10%. Our position yielded 20% because of the 2X leverage. Standard trades are traded with leverage of 1:1”) and also pioneered the use of the somewhat controversial, so-called “stable coin” Tether (USDT).
Binance
Binance is an international multi-language cryptocurrency exchange that rose from the mid-rank of cryptocurrency exchanges to become the market dominating behemoth we see today. At the height of the late 2017/early 2018 bull run, Binance was adding around 2 million new users per week! The exchange had to temporarily disallow new registrations because its servers simply could not keep up with that volume of business. After the temporary ban on new users was lifted the exchange added 240,000 new accounts within two hours.
Have you ever thought whats the role of the cypto exchanges? The answer is simple! There are several different types of exchanges that cater to different needs within the ecosystem, but their functions can be described by one or more of the following: To allow users to convert fiat currency into cryptocurrency. To trade BTC or ETH for alt coins. To facilitate the setting of prices for all crypto assets through an auction market mechanism. Simply put, you can either mine cryptocurrencies or purchase them, and seeing as the mining process requires the purchase of expensive mining equipment, Cryptocurrency exchanges can be loosely grouped into one of the 3 following exchange types, each with a slightly different role or combination of roles.
Have you ever thought about what are the types of Crypto exchanges?
  1. Traditional Cryptocurrency Exchange: These are the type that most closely mimic traditional stock exchanges where buyers and sellers trade at the current market price of whichever asset they want, with the exchange acting as the intermediary and charging a small fee for facilitating the trade. Kraken and GDAX are examples of this kind of cryptocurrency exchange. Fully peer-to-peer exchanges that operate without a middleman include EtherDelta, and IDEX, which are also examples of decentralized exchanges.
  2. Cryptocurrency Brokers: These are website or app based exchanges that act like a Travelex or other bureau-de-change. They allow customers to buy or sell crypto assets at a price set by the broker (usually market price plus a small premium). Coinbase is an example of this kind of exchange.
  3. Direct Trading Platform: These platforms offer direct peer-to-peer trading between buyers and sellers, but don’t use an exchange platform in doing so. These types of exchanges do not use a set market rate; rather, sellers set their own rates. This is a highly risky form of trading, from which new users should shy away.
To understand how an exchange functions we need only look as far as a traditional stock exchange. Most all the features of a cryptocurrency exchange are analogous to features of trading on a traditional stock exchange. In the simplest terms, the exchanges fulfil their role as the main marketplace for crypto assets of all kinds by catering to buyers or sellers. These are some definitions for the basic functions and features to know: Market Orders: Orders that are executed instantly at the current market price. Limit Order: This is an order that will only be executed if and when the price has risen to or dropped to that price specified by the trader and is also within the specified period of time. Transaction fees: Exchanges will charge transactions fees, usually levied on both the buyer and the seller, but sometimes only the seller is charged a fee. Fees vary on different exchanges though the norm is usually below 0.75%. Transfer charges: The exchange is in effect acting as a sort of escrow agent, to ensure there is no foul play, so it might also charge a small fee when you want to withdraw cryptocurrency to your own wallet.
Regulatory Environment and Evolution
Cryptocurrency has come a long way since the closing down of the Silk Road darknet market. The idea of crypto currency being primarily for criminals, has largely been seen as totally inaccurate and outdated. In this section we focus on the developing regulations surrounding the cryptocurrency asset class by region, and we also look at what the future may hold.
The United States of America
A coherent uniform approach at Federal or State level has yet to be implemented in the United States. The Financial Crimes Enforcement Network published guidelines as early as 2013 suggesting that BTC and other cryptos may fall under the label of “money transmitters” and thus would be required to take part in the same Anti-money Laundering (AML) and Know your Client (KYC) procedures as other money service businesses. At the state level, Texas applies its existing finance laws. And New York has instituted an entirely new licensing system.
The European Union
The EU’s approach to cryptocurrency has generally been far more accommodating overall than the United States, partly due to the adaptable nature of pre-existing laws governing electronic money that predated the creation of Bitcoin. As with the USA, the EU’s main fear is money laundering and criminality. The European Central Bank (ECB) categorized BTC as a “convertible decentralized currency” and advised all central banks in the EU to refrain from trading any cryptocurrencies until the proper regulatory framework was put in place. A task force was then set up by the European Parliament in order to prevent and investigate any potential money laundering that was making use of the new technology.
Likely future regulations for cryptocurrency traders within the European Union and North America will probably consist of the following proposals: The initiation of full KYC procedures so that users cannot remain fully anonymous, in order to prevent tax evasion and curtail money laundering. Caps on payments that can be made in cryptocurrency, similar to caps on traditional cash transactions. A set of rules governing tax obligations regarding cryptocurrencies Regulation by the ECB of any companies that offer exchanges between cryptocurrencies and fiat currencies It is less likely for other countries to follow the Chinese approach and completely ban certain aspects of cryptocurrency trading. It is widely considered more progressive and wiser to allow the technology to grow within a balanced accommodative regulatory framework that takes all interests and factors into consideration. It is probable that the most severe form of regulation will be the formation of new governmental bodies specifically to form laws and exercise regulatory control over the cryptocurrency space. But perhaps that is easier said than done. It may, in certain cases, be incredibly difficult to implement particular regulations due to the anonymous and decentralized nature of crypto.
Behavior of Cryptocurrency Investors by Demographic
Due to the fact that cryptocurrency has its roots firmly planted in the cryptography community, the vast majority of early adopters are representative of that group. In this section we cover the basic structure of the cryptocurrency market cycle and the makeup of the community at large, as well as the reasons behind different trading decisions.
The Cryptocurrency Market Cycle
Bitcoin leads the bull rally. FOMO (Fear of missing out) occurs, the price surge is a constant topic of mainstream news, business programs cover the story, and social media is abuzz with cryptocurrency chatter. Bitcoin reaches new All Timehigh (ATH) Market euphoria is fueled with even more hype and the cycle is in full force. There is a constant stream of news articles and commentary on the meteoric, seemingly unstoppable rise of Bitcoin. Bitcoin’s price “stabilizes”, In the 2017 bull run this was at or around $14,000. A number of solid, large market cap altcoins rise along with Bitcoin; ETH & LTC leading the altcoins at this time. FOMO comes into play, as the new ATH in market cap is reached by pumping of a huge number of alt coins.
Top altcoins “somewhat” stabilize, after reaching new all-time highs. The frenzy continues with crypto success stories, notable figures and famous people in the news. A majority of lesser known cryptocurrencies follow along on the upward momentum. Newcomers are drawn deeper into crypto and sign up for exchanges other than the main entry points like Coinbase and Kraken. In 2017 this saw Binance inundated with new registrations. Some of the cheapest coins are subject to massive pumping, such as Tron TRX which saw a rise in market cap from $150 million at the start of December 2017 to a peak of $16 billion! At this stage, even dead coins or known scams will get pumped. The price of the majority of cryptocurrencies stabilize, and some begin to retract. When the hype is subsiding after a huge crypto bull run, it is a massive sell signal. Traditional investors will begin to give interviews about how people need to be careful putting money into such a highly volatile asset class. Massive violent correction begins and the market starts to collapse. BTC begins to fall consistently on a daily basis, wiping out the insane gains of many medium to small cap cryptos with it. Panic selling sweeps through the market. Depression sets in, both in the markets, and in the minds of individual investors who failed to take profits, or heed the signs of imminent collapse. The price stagnation can last for months, or even years.
The Influence of Age upon Trading
Did you know? Cryptocurrencies have been called “stocks for millennials” According to a survey conducted by the Global Blockchain Business Council, only 5% of the American public own any bitcoin, but of those that do, an overwhelming majority of 71% are men, 58% of them are between the ages of 18 and 35, and over half of them are minorities. The same survey gauged public attitude toward the high risk/high return nature of cryptocurrency, in comparison to more secure guaranteed small percentage gains offered by government bonds or stocks, and found that 30% would rather invest $1,000 in crypto. Over 42% of millennials were aware of cryptocurrencies as opposed to only 15% of those ages 65 and over. In George M. Korniotis and Alok Kumar’s study into the effects of aging on portfolio management and the quality of decisions made by older investors, they found “that older and experienced investors are more likely to follow “rules of thumb” that reflect greater investment knowledge. However, older investors are less effective in applying their investment knowledge and exhibit worse investment skill, especially if they are less educated and earn lower income.”
Geographic Influence upon Trading
One of the main drivers of the apparent seasonal ebb and flow of cryptocurrency prices is the tax situation in the various territories that have the highest concentrations of cryptocurrency holders. Every year we see an overall market pull back beginning in mid to late January, with a recovery beginning usually after April. This is because “Tax Season” is roughly the same across Europe and the United States, with the deadline for Income tax returns being April 15th in the United States, and the tax year officially ending the UK on the 6th of April. All capital gains must be declared before the window closes or an American trader will face the powerful and long arm of the IRS with the consequent legal proceedings and possible jail time. Capital gains taxes around the world vary from jurisdiction to jurisdiction but there are often incentives for cryptocurrency holders to refrain from trading for over a year to qualify their profits as long term gain when they finally sell. In the US and Australia, for example, capital gains are reduced if you bought cryptocurrency for investment purposes and held it for over a year. In Germany if crypto assets are held for over a year then the gains derived from their sale are not taxed. Advantages like this apply to individual tax returns, on a case by case basis, and it is up to the investor to keep up to date with the tax codes of the territory in which they reside.
2013 Bull run vs 2017 Bull run price Analysis
In late 2016 cryptocurrency traders were faced with the task of distinguishing between the beginnings of a genuine bull run and what might colorfully be called a “dead cat bounce” (in traditional market terminology). Stagnation had gripped the market since the pull-back of early 2014. The meteoric rise of Bitcoin’s price in 2013 peaked with a price of $1,100 in November 2013, after a year of fantastic news on the adoption front with both Microsoft and PayPal offering BTC payment options. It is easy to look at a line going up on a chart and speak after the fact, but at the time, it is exceeding difficult to say whether the cat is actually climbing up the wall, or just bouncing off the ground. Here, we will discuss the factors that gave savvy investors clues as to why the 2017 bull run was going to outstrip the 2013 rally. Hopefully this will help give insight into how to differentiate between the signs of a small price increase and the start of a full scale bull run. Most importantly, Volume was far higher in 2017. As we can see in the graphic below, the 2017 volume far exceeds the volume of BTC trading during the 2013 price increase. The stranglehold MtGox held on trading made a huge bull run very difficult and unlikely.
Fraud & Immoral Activity in the Private Market
Ponzi Schemes Cryptocurrency Ponzi schemes will be covered in greater detail in Lesson 7, but we need to get a quick overview of the main features of Ponzi schemes and how to spot them at this point in our discussion. Here are some key indicators of a Ponzi scheme, both in cryptocurrencies and traditional investments: A guaranteed promise of high returns with little risk. Consistentflow of returns regardless of market conditions. Investments that have not been registered with the Securities and Exchange Commission (SEC). Investment strategies that are a secret, or described as too complex. Clients not allowed to view official paperwork for their investment. Clients have difficulties trying to get their money back. The initial members of the scheme, most likely unbeknownst to the later investors, are paid their “dividends” or “profits” with new investor cash. The most famous modern-day example of a Ponzi scheme in the traditional world, is Bernie Madoff’s $100 billion fraudulent enterprise, officially titled Bernard L. Madoff Investment Securities LLC. And in the crypto world, BitConnect is the most infamous case of an entirely fraudulent project which boasted a market cap of $2 billion at its peak.
What are the Exchange Hacks?
The history of cryptocurrency is littered with examples of hacked exchanges, some of them so severe that the operation had to be wound up forever. As we have already discussed, incredibly tech savvy and intelligent computer hackers led by Alexander Vinnik stole 850000 BTC from the MtGox exchange over a period from 2012–2014 resulting in the collapse of the exchange and a near-crippling hammer blow to the emerging asset class that is still being felt to this day. The BitGrail exchange suffered a similar style of attack in late 2017 and early 2018, in which Nano (XRB) was stolen that was at one point was worth almost $195 million. Even Bitfinex, one of the most famous and prestigious exchanges, has suffered a hack in 2016 where $72 million worth of BTC was stolen directly from customer accounts.
Hardware Wallet Scam Case Study
In late 2017, an unfortunate character on Reddit, going by the name of “moody rocket” relayed his story of an intricate scam in which his newly acquired hardware wallet was compromised, and his $34,000 life savings were stolen. He bought a second hand Nano ledger into which the scammers own recover seed had already been inserted. He began using the ledger without knowing that the default seed being used was not a randomly assigned seed. After a few weeks the scammer struck, and withdrew all the poor HODLer’s XRP, Dash and Litecoin into their own wallet (likely through a few intermediary wallets to lessen the very slim chances of being identified).
Hardware Wallet Scam Case Study Social Media Fraud
Many gullible and hapless twitter users have fallen victim to the recent phenomenon of scammers using a combination of convincing fake celebrity twitter profiles and numerous amounts of bots to swindle them of ETH or BTC. The scammers would set up a profile with a near identical handle to a famous figure in the tech sphere, such as Vitalik Buterin or Elon Musk. And then in the tweet, immediately following a genuine message, follow up with a variation of “Bonus give away for the next 100 lucky people, send me 0.1 ETH and I will send you 1 ETH back”, followed by the scammers ether wallet address. The next 20 or so responses will be so-called sockpuppet bots, thanking the fake account for their generosity. Thus, the pot is baited and the scammers can expect to receive potentially hundreds of donations of 0.1 Ether into their wallet. Many twitter users with a large follower base such as Vitalik Buterin have taken to adding “Not giving away ETH” to their username to save careless users from being scammed.
Market Manipulation
It also must be recognized that market manipulation is taking place in cryptocurrency. For those with the financial means i.e. whales, there are many ways in which to control the market in a totally immoral and underhanded way for your own profit. It is especially easy to manipulate cryptos that have a very low trading volume. The manipulator places large buy orders or sell walls to discourage price action in one way or the other. Insider trading is also a significant problem in cryptocurrency, as we saw with the example of blatant insider trading when Bitcoin Cash was listed on Coinbase.
Examples of ICO Fraudulent Company Behavior
In the past 2 years an astronomical amount of money has been lost in fraudulent Initial Coin Offerings. The utmost care and attention must be employed before you invest. We will cover this area in greater detail with a whole lesson devoted to the topic. However, at this point, it is useful to look at the main instances of ICO fraud. Among recent instances of fraudulent ICOs resulting in exit scams, 2 of the most infamous are the Benebit and PlexCoin ICOs which raised $4 million for the former and $15 million for the latter. Perhaps the most brazen and damaging ICO scam of all time was the Vietnamese Pincoin ICO operation, where $660million was raised from 32,000 investors before the scammer disappeared with the funds. In case of smaller ICO “exit scamming” there is usually zero chance of the scammers being found. Investors must just take the hit. We will cover these as well as others in Lesson 7 “Scam Projects”.
Signposts of Fraudulent Actors
The following factors are considered red flags when investigating a certain project or ICO, and all of them should be considered when deciding whether or not you want to invest. Whitepaper is a buzzword Salad: If the whitepaper is nothing more than a collection of buzzwords with little clarity of purpose and not much discussion of the tech involved, it is overwhelmingly likely you are reading a scam whitepaper.
Signposts of Fraudulent Actors §2
No Code Repository: With the vast majority of cryptocurrency projects employing open source code, your due diligence investigation should start at GitHub or Sourceforge. If the project has no entries, or nothing but cloned code, you should avoid it at all costs. Anonymous Team: If the team members are hard to find, or if you see they are exaggerating or lying about their experience, you should steer clear. And do not forget, in addition to taking proper precautions when investing in ICOs, you must always make sure that you are visiting authentic web pages, especially for web wallets. If, for example, you are on a spoof MyEtherWallet web page you could divulge your private key without realizing it and have your entire portfolio of Ether and ERC-20 tokens cleaned out.
Methods to Avoid falling Victim
Avoiding scammers and the traps they set for you is all about asking yourself the right questions, starting with: Is there a need for a Blockchain solution for the particular problem that a particular ICO is attempting to solve? The existing solution may be less costly, less time consuming, and more effective than the proposals of a team attempting to fill up their soft cap in an ICO. The following quote from Mihai Ivascu, the CEO of Modex, should be kept in mind every time you are grading an ICO’s chances of success: “I’m pretty sure that 95% of ICOswill not last, and many will go bankrupt. ….. not everything needs to be decentralized and put on an open source ledger.”
Methods to Avoid falling Victim §2 Do I Trust These People with My Money, or Not?
If you continue to feel uneasy about investing in the project, more due diligence is needed. The developers must be qualified and competent enough to complete the objectives that they have set out in the whitepaper.
Is this too good to be true?
All victims of the well-known social media scams using fake profiles of Vitalik Buterin, or Bitconnect investors for that matter, should have asked themselves this simple question, and their investment would have been saved. In the case of Bitconnect, huge guaranteed gains proportional to the amount of people you can get to sign up was a blatant pyramid scheme, obviously too good to be true. The same goes for Fake Vitalik’s offer of 1 ether in exchange for 0.1 ETH.
Selling Cryptocurrencies, Several reasons for selling with the appropriate actions to take:
If you are selling to buy into an ICO, or maybe believe Ether is a safer currency to hold for a certain period of time, it is likely you will want to make use of the Ether pair and receive Ether in return. Obviously if the ICO is on the NEO or WANchain blockchain for example, you will use the appropriate pair. -Trading to buy into another promising project that is listing on the exchange on which you are selling (or you think the exchange will experience a large amount of volume and become a larger exchange), you may want to trade your cryptocurrency for that exchange token. -If you believe that BTC stands a good chance of experiencing a bull run then using the BTC trading pair is the suitable choice. -If you believe that the market is about to experience a correction but you do not want to take your gains out of the market yet, selling for Tether or “tethering up” is the best play. This allows you to keep your locked-in profits on the exchange, unaffected by the price movements in the cryptocurrency markets,so that you can buy back in at the most profitable moment. -If you wish to “cash out” i.e. sell your cryptocurrency for fiat currency and have those funds in your bank account, the best pair to use is ETH or BTC because you will likely have to transfer to an exchange like Kraken or Coinbase to convert them into fiat. If the exchange offers Litecoin or Bitcoin Cash pairs it could be a good idea to use these for their fast transaction time and low fees.
Selling Cryptocurrencies
Knowing when and how to sell, as well as strategies to inflate the value of your trade before sale, are important skills as a trader of any product or financial instrument. If you are satisfied that the sale itself of the particular amount of a token or coin you are trading away is the right one, then you must decide at what price you are going to sell. Exchanges exercise their own discretion as to which trading “pairs” they will offer, but the most common ones are BTC, ETH, BNB for Binance, BIX for Bibox etc., and sometimes Tether (USDT) or NEO. As a trader, you decide which particular cryptocurrency to exchange depending on your reason for making that specific trade at that time.
Methods of Sale
Market sell/Limit sell on exchange: A limit sell is an order placed on an exchange to sell as soon as (also specifically only if and when) the price you specified has been hit within the time limit you select. A market order executes the sale immediately at the best possible price offered by the market at that exact time. OTC (or Over the Counter) selling refers to sale of securities or cryptocurrencies in any method without using an exchange to intermediate the trade and set the price. The most common way of conducting sales in this manner is through LocalBitcoins.com. This method of cryptocurrency selling is far riskier than using an exchange, for obvious reasons.
The influence and value of your Trade
There are a number of strategies you can use to appreciate the value of your trade and thus increase the Bitcoin or Ether value of your portfolio. It is important to disassociate yourself from the dollar value of your portfolio early on in your cryptocurrency trading career simply because the crypto market is so volatile you will end up pulling your hair out in frustration following the real dollar money value of your holdings. Once your funds have been converted into BTC and ETH they are completely in the crypto sphere. (Some crypto investors find it more appropriate to monitor the value of their portfolio in satoshi or gwei.) Certainly not limited to, but especially good for beginners, the most reliable way to increase your trading profits, and thus the overall value and health of your portfolio, is to buy into promising projects, hold them for 6 months to a year, and then reevaluate. This is called Long term holding and is the tactic that served Bitcoin HODLers quite well, from 2013 to the present day. Obviously, if something comes to light about the project that indicates a lengthy set back is likely, it is often better to cut your losses and sell. You are better off starting over and researching other projects. Also, you should set initial Price Points at which you first take out your original investment, and then later, at which you take out all your profits and exit the project. That should be after you believe the potential for growth has been exhausted for that particular project.
Another method of increasing the value of your trades is ICO flipping. This is the exact opposite of long term holding. This is a technique in which you aim for fast profits taking advantage of initial enthusiasm in the market that may double or triple the value of ICO projects when they first come to market. This method requires some experience using smaller exchanges like IDEX, on which project tokens can be bought and sold before listing on mainstream exchanges. “Tethering up” means to exchange tokens or coins for the USDT stable coin, the value of which is tethered to the US Dollar. If you learn, or know how to use, technical analysis, it is possible to predict when a market retreatment is likely by looking at the price movements of BTC. If you decide a market pull back is likely, you can tether up and maintain the dollar value of your portfolio in tether while other tokens and coins decrease in value. The you wait for an opportune moment to reenter the market.
Market Behavior in Different Time Periods
The main descriptors used for overall market sentiment are “Bull Market” and “Bear Market”. The former describes a market where people are buying on optimism. The latter describes a market where people are selling on pessimism. Fun (or maybe not) fact: The California grizzly bear was brought to extinction by the love of bear baiting as a sport in the mid 1800s. Bears were highly sought after for their intrinsic fighting qualities, and were forced into fighting bulls as Sunday morning entertainment for Californians. What has this got to do with trading and financial markets? The downward swipe of the bear’s paws gives a “Bear market” its name and the upward thrust of a Bull’s horns give the “Bull Market” its name. Most unfortunately for traders, the bear won over 80% of the bouts. During a Bull market, optimism can sometimes grow to be seemingly boundless, volume is rising, and prices are ascending. It can be a good idea to sell or rebalance your portfolio at such a time, especially if you have a particularly large position in one holding or another. This is especially applicable if you need to sell a large amount of a relatively low-volume holding, because you can then do so without dragging the price down by the large size of your own sell order.
Learn more on common behavioral patterns observed so far in the cryptocurrency space for different coins and ICO tokens.
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Groestlcoin Release September 2018

Introduction

As always, the past 3 months since 22nd June have been crazy busy. The bears might still be around, but the show must go on and of course has not slowed the Groestlcoin development team in the slightest. Here’s a quick overview of what has already happened since the last release: - Integrated into the bitbns exchange, with the ability to buy Groestlcoin directly with the Indian Rupee. - Groestlcoin Rebrand Vote – Whilst there was much talk and push for a rebrand vote, the overall result was almost unanimously in favour of keeping our unique and conversation-starting name. With just 83 votes to Rebrand, and 2577 votes to No Rebrand. Thank you for all who voted, the funds raised are being used to fund ongoing hosting and development costs. - Integrated into the Cryptobridge exchange. Cryptobridge is a popular decentralised exchange where you always hold the private keys to your funds, only YOU have access to them. - Groestlcoin has been added to SimpleSwap – Groestlcoin can now be swapped with over 100 other cryptocurrencies, without signing up! - Groestlcoin has been added to UnoDax, one of the leading cryptocurrency exchanges in India, with TUSD, BTC and INR trading pairs. - Groestlcoin has been added to SwapLab.cc, where you can buy Groestlcoin using Bitcoin and over 50 other altcoins. Purchasing with VISA/Mastercard is coming VERY SOON. Discussed later: - Groestlcoin has been listed on #3 largest exchange in the world on volume, Huobi Global! More on this to come further on in the announcements. - Groestlcoin has been added to the Guarda Multi-Currency Wallet. - Groestlcoin has been added to Melis Multi-Device, Multi-Account, Multi-Platform, Multi-Signature advanced wallet! Already this list is far more than most other cryptocurrencies have achieved in the past 3 months. But this is just the tip of the iceberg of what has been developed.

What's been Happening?

GRSPay Released

We are so excited for this, that it has it's own separate reddit thread. Head over there now at https://www.reddit.com/groestlcoin/comments/9ikr5m/groestlcoin_releases_grspay/? to see more on this!
https://www.melis.io/assets/logo-navbar-4b6f0d372f15b2446d3fa4c68f346e4fb08ee113941186cee58fd6135f3f8b7d.svg

Melis Wallet

The the most advanced wallet for Bitcoin, Bitcoin Cash, Litecoin and now Groestlcoin.
With Melis you have the complete control of your bitcoins and private keys, you can define spending limits policies and make use of two or more factors authentication. Melis is open source, published on GitHub.

How Melis Works?

You can create as many accounts as you want. An account is a part of your wallet that can be customised to your requirements. You can choose how many co-signers are required to spend funds. The accounts are completely independent and act like separate wallets from each other but can be accessed via the same details. A core feature of Melis is the ability to set a ‘primary’ device. With this you can set an account as ‘Secure’ so it is only viewable (and accessible at all) from the Primary device. You can have a savings account hidden from the outside world whilst also having your ‘spending’ funds available on the go. With Melis you can create a multi-signature account between N people, where up to N signatures are required to sign a transaction, choosing if any of those should be mandatory.
Core Features:
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Guarda Wallet

Safer than ever! Desktop Light Wallet - Anonymous and fast!
With Guarda Multi-currency Desktop Light Wallet you don’t need to register. Guarda has no access to your private keys or funds. You can receive, send, store, buy and exchange cryptocurrencies in complete anonymity and safety. All these features are available on Linux, Windows or MacOS. Choose the one that suits you!
More info about Guarda wallet on www.guarda.co
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Integrated into HolyTransaction

What is HolyTransaction?

HolyTransaction gives users access to the crypto world with a universal cryptocurrency wallet and instant exchange.

Features

For more information, visit Holy Transaction here.
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Integrated into NEXT Wallet

What is NEXT?

NEXT is a modern, next-generation stylish open-source Desktop wallet.

Features

For more information, visit NextWallet here.
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Integrated into Blockchain Financial

What is Blockchain Financial?

Blockchain Financial is a set of web based services for individuals and companies that want to make things happen with the Cryptocurrencies Ecosystem. - For those that don't know anything about cryptocurrencies, we offer tools that will let them receive, send and operate with an assortment of coins. - For those that are already riding the wave, we offer tools that will let them do all those things that they weren't able to do.

Blockchain Financials mission

We're not here to reinvent the wheel. We're here to make it run smoother for you, and we provide some of the most useful services you'll find on the internet, made in a way that is easy to understand and use on a daily basis. In short, we're a bunch of people that claim to be Crypto Evangelists. We strongly believe in cryptocurrencies, and our main promise is to push them up so more people get involved and take all the advantages they offer.

More information from Blockchain Financial

Back in 2014, the world was taken by storm when Facebook approved the first cryptocurrencies tipping apps. The first was for Dogecoin, and the second was for multiple coins.
The project was hosted on whitepuma.net, and persisted for almost two years, built up a massive user community and gave a home to Bitcoin, Litecoin, Dogecoin and dozens of other bitcoin-based altcoins.
After very active months, the tipping hype started to fade away. Then, the developers decided to jump into the next stage: bringing not only tipping, but also mining and a widget that could be embedded on websites to allow everyone to accept payments. Sadly, the work was never completed because the project started to require an unsustainable amount of resources. Then, in a painful decision, a shutdown was announced by December 2015.
A couple of months after whitepuma.net was closed, the source code was released by its creator as Open Source on GitHub. But it wasn't maintained.
Now, some of the original members of the dev and admin teams gathered up with a handful of the WhitePuma's elite users, and decided to make something good with the best pieces of the old source code. That, with fresh new ideas and the power of the BardCanvas engine, synthesized the core of Blockchain Financial.
More info about Blockchain Financial wallet on .
For more information, visit [Blockchain Financial](www.blockchainfinancial.com)
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Groestlcoin Listed on Huobi

Who are Huobi?

Huobi was founded in China and is now based in Singapore, with offices in Hong Kong, South Korea, Japan and the North America, currently sitting #3 in volume on Coinmarketcap. Huobi is a great leap forward for our growing presence in Asia and we are very excited to be listed here!
You can find the official Huobi announcement here.

Groestlcoin Core v2.16.3 - Please Update ASAP

A new major Groestlcoin Core version 2.16.3 is now available for download which includes both a Denial of Service component and a critical inflation vulnerability, so it is recommended to upgrade to it if you are running a full Groestlcoin node or a local Groestlcoin Core wallet.
v2.16.3 is now the official release version of Groestlcoin Core. This is a new major version release with a very important security updates. It is recommended to upgrade to this version as soon as possible. Please stop running versions of Groestlcoin Core affected by CVE-2018-17144 ASAP: These are 2.13.3 and 2.16.0.
As a result in this, all exchanges and services have been asked to upgrade to this version, so please be patient if wallets go in to maintenance mode on these services.

What's new in version v2.16.3?

This is a major release of Groestlcoin Core fixing a Denial of Service component and a critical inflation vulnerability (https://nvd.nist.gov/vuln/detail/CVE-2018-17144) exploitable by miners that has been discovered in Groestlcoin Core version 2.13.3 and 2.16.0. It is recommended to upgrade to 2.16.3 as soon as possible. If you only occasionally run Groestlcoin Core, then it's not necessary to run out and upgrade it right this second. However, you should upgrade it before you next run it. If you know anyone who is running an older version, tell them to upgrade it ASAP. Stored funds are not at risk, and never were at risk. At this time we believe over half of the Groestlcoin hashrate has upgraded to patched nodes. We are unaware of any attempts to exploit this vulnerability. However, it still remains critical that affected users upgrade and apply the latest patches to ensure no possibility of large reorganizations, mining of invalid blocks, or acceptance of invalid transactions occurs.

The Technicals

In Groestlcoin Core 2.13.3, an optimization was added (Bitcoin Core PR #9049) which avoided a costly check during initial pre-relay block validation that multiple inputs within a single transaction did not spend the same input twice which was added in 2012 (Bitcoin Core PR #443). While the UTXO-updating logic has sufficient knowledge to check that such a condition is not violated in 2.13.3 it only did so in a sanity check assertion and not with full error handling (it did, however, fully handle this case twice in prior to 2.1.0.6). Thus, in Groestlcoin Core 2.13.3, any attempts to double-spend a transaction output within a single transaction inside of a block will result in an assertion failure and a crash, as was originally reported. In Groestlcoin Core 2.16.0, as a part of a larger redesign to simplify unspent transaction output tracking and correct a resource exhaustion attack the assertion was changed subtly. Instead of asserting that the output being marked spent was previously unspent, it only asserts that it exists. Thus, in Groestlcoin Core 2.16.0, any attempts to double-spend a transaction output within a single transaction inside of a block where the output being spent was created in the same block, the same assertion failure will occur. However, if the output being double-spent was created in a previous block, an entry will still remain in the CCoin map with the DIRTY flag set and having been marked as spent, resulting in no such assertion. This could allow a miner to inflate the supply of Groestlcoin as they would be then able to claim the value being spent twice.
Groestlcoin would like to publicly thank Reddit user u/Awemany for finding CVE-2018-17144 and reporting it (https://lists.linuxfoundation.org/pipermail/bitcoin-core-dev/2018-Septembe000064.html). You deserve gratitude and appreciation from cryptoworld, and you have ours. If you want to support him for his work, please consider donating to him on his bitcoin cash address: bitcoincash:qr5yuq3q40u7mxwqz6xvamkfj8tg45wyus7fhqzug5
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Groestlcoin Electrum-GRS 3.2.2 - Ledger & Trezor Edition

What is Electrum-GRS?
Electrum-GRS is a lightweight "thin client" groestlcoin wallet Windows, MacOS and Linux based on a client-server protocol. Its main advantages over the original Groestlcoin client include support for multi-signature wallets and not requiring the download of the entire block chain.

Changes:

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Electrum-GRS Mobile Android

What is Electrum-GRS Mobile?

Electrum-grs is a lightweight "thin client" groestlcoin wallet Android based on a client-server protocol. Its main advantages over the original Groestlcoin client include support for multi-signature wallets and not requiring the download of the entire block chain.

Changes

Groestlcoin EasyVanity Released

Groestlcoin EasyVanity is a Windows app is built from the ground-up in C# and makes it easier than ever before to create your very own bespoke Groestlcoin address(es), even whilst not connected to the internet! You can even generate multiple keys with the same prefix and leave it on overnight whilst your CPU or GPU collects and stores these addresses locally.
If you're tired of the random, cryptic addresses generated by regular groestlcoin clients, then Groestlcoin EasyVanity is the right choice for you to create a more personalized address.

Features

• Ability to continue finding keys after first one is found • Includes warning on startup if connected to the internet • Ability to output keys to a text file (And shows button to open that directory) • Ability to make your match case sensitive (Where possible) • Show and hide the private key with a simple toggle switch, and copy the private key straight to your clipboard • Show full output of commands • Includes statistics whilst the application is running • Ability to choose between Processor (CPU) and Graphics Card (GPU) • Automatically detects 32 or 64 bit systems • Features both a Light and Dark Material Design inspired Themes • EasyVanity's search is probabilistic, and the amount of time required to find a given pattern depends on how complex the pattern is, the speed of your computer, and whether you get lucky. • EasyVanity includes components to perform address searching on your CPU (vanitygen) and your OpenCL-compatible GPU (oclvanitygen). Both can be built from source, and both are included in the Windows binary package. • Prefixes are exact strings that must appear at the beginning of the address. When searching for prefixes, Easyvanity will ensure that the prefix is possible, and will provide a difficulty estimate. • The percentage displayed just shows how probable it is that a match would be found in the session so far. If it finds your address with 5% on the display, you are extremely lucky. If it finds your address with 92% on the display, you are unlucky. If you stop EasyVanity with 90% on the display, restart it, and it finds your address with 2% on the display, your first session was unlucky, but your second session was lucky. • EasyVanity uses the OpenSSL random number generator. This is the same RNG used by groestlcoin and a good number of HTTPS servers. It is regarded as well-scrutinized. Guessing the private key of an address found by EasyVanity will be no easier than guessing a private key created by groestlcoin itself. • To speed up address generation, EasyVanity uses the RNG to choose a private key, and literally increments the private key in a loop searching for a match. As long as the starting point is not disclosed, if a match is found, the private key will not be any easier to guess than if every private key tested were taken from the RNG. EasyVanity will also reload the private key from the RNG after 10,000,000 unsuccessful searches (100M for oclvanitygen), or when a match is found and multiple patterns are being searched for. • Free software - MIT. Anyone can audit the code. • Written in C# - The code is short, and easy to review.

Groestlcoin Sentinel (Android & Blackberry) – Mainnet + Testnet

What is Sentinel?

Groestlcoin Sentinel is the easiest and fastest way to track/receive/watch payments in your offline Groestlcoin Wallets. Groestlcoin Sentinel is compatible with any standard Groestlcoin address, BIP44 XPUB (Extended Public Key) BIP49 YPUB and BIP84 ZPUB
Groestlcoin Sentinel is a great solution for anyone who wants the convenience and utility of a hot wallet for receiving payments directly into their cold storage (or hardware wallets). Sentinel accepts XPUB's, YPUB'S, ZPUB's and individual Groestlcoin address. Once added you will be able to view balances, view transactions, and (in the case of XPUB's, YPUB's and ZPUB's) deterministically generate addresses for that particular wallet.

What's New?

The P2SH paperwallet supports creating P2SH paperwallets in bulk, keypair generation with QR codes and sweeping tool. Groestlcoin believes strongly in privacy, the live version does not collect and store IP or transaction data.
Changes
Features
The BECH32 paperwallet supports creating BECH32 paperwallets in bulk, keypair generation with QR codes and sweeping tool. Groestlcoin believes strongly in privacy, the live version does not collect and store IP or transaction data.
Features
![WebWallet](https://i.imgur.com/Z2oj7bj.png)

Groestlcoin Web Wallet Update 1.4

What is Groestlcoin Web Wallet?
Groestlcoin Webwallet is an open source, multisignature, HD Wallet and more! Webwallet is a a open source browser based Groestlcoin webwallet.
Webwallet is a playground for Groestlcoin in javascript to experiment with. It supports multisig, OP_HODL, RBF and many more. Groestlcoin believes strongly in privacy, the live version does not collect and store IP or transaction data.
Changes:
submitted by Yokomoko_Saleen to groestlcoin [link] [comments]

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How to configure cgminer - Windows mining tutorial - YouTube

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