Cryptocurrency (cryptocurrency) group
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LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} (lnxw48a1@nu.federati.net)'s status on Wednesday, 10-Apr-2019 17:21:36 UTC 
LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864}
I’m trying to find a way to distill the concepts behind !cryptocurrency and mining into normal American English (and ignoring ubermath terms like hashing). The above feels close-ish, but not there yet. -
LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} (lnxw48a1@nu.federati.net)'s status on Tuesday, 05-Mar-2019 02:48:53 UTC
LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864}
@tealturtle Is #Faircoin available on a !cryptocurrency exchange, or do you have to do a person-to-person exchange like #LocalBitcoins? -
Hallå Kitteh (clacke@social.heldscal.la)'s status on Thursday, 15-Mar-2018 05:19:51 UTC 
Hallå Kitteh
Flowchart: Do you need a blockchain?
https://spectrum.ieee.org/computing/networks/do-you-need-a-blockchain
!cryptocurrency -
Hallå Kitteh (clacke@social.heldscal.la)'s status on Friday, 02-Mar-2018 00:56:47 UTC
Hallå Kitteh
After wrestling with various alternatives for hours, and clearing tens of gigs of space on my disk, I finally went with a LineageOS x86 VM and Coinomi for the company's Ether wallet.
!cryptocurrency -
Hallå Kitteh (clacke@social.heldscal.la)'s status on Tuesday, 13-Feb-2018 04:37:05 UTC
Hallå Kitteh
There was a literal Ponzicoin already back in 2014. Missed the bus on that one!
https://bitcointalk.org/index.php?topic=474730.1240
/via https://twitter.com/Arcon_/status/956444264879108096
!cryptocurrency -
Hallå Kitteh (clacke@social.heldscal.la)'s status on Saturday, 03-Feb-2018 00:31:13 UTC
Hallå Kitteh
> In each participant’s turn, they use a tool to sample some randomness and perform a computation. The result of each computation is then added to a public transcript, so that the entire protocol can be publicly verified. As long as one participant successfully destroys their randomness when they’re finished, the resulting parameters are secure. As more and more participants are added, it becomes unlikely that an adversary could have compromised everyone. This is especially true as participants have enormous flexibility in the counter-measures they employ.
https://z.cash.foundation/blog/powers-of-tau/
#powersoftau !cryptocurrency -
Hallå Kitteh (clacke@social.heldscal.la)'s status on Thursday, 01-Feb-2018 12:06:16 UTC
Hallå Kitteh
A fair assessment of the !cryptocurrency phenomenon. The bad, and the good. Smart contracts in particular.
> Within like 30 seconds of smart contracts being a thing, people started making tokens with them. Tokens are simple smart contracts that put coins in your coins, so you can speculate while you speculate.
http://www.allenpike.com/2018/blockchain/ -
Hallå Kitteh (clacke@social.heldscal.la)'s status on Wednesday, 31-Jan-2018 15:51:59 UTC
Hallå Kitteh
> As you all know, it was reported today that on December 6th 2017, Bitfinex and Tether were served subpoenas from the CFTC.
Oops.
https://medium.com/@bitfinexed/tether-exchanges-how-to-avoid-getting-tethered-d02c6ae2c52c
!cryptocurrency -
Hallå Kitteh (clacke@social.heldscal.la)'s status on Tuesday, 23-Jan-2018 12:23:15 UTC
Hallå Kitteh
Interesting.
The STEEM Dollar (SBD) is supposed to be pegged to 1 USD.
I'm assuming it's like the BitUSD, which is pegged only downward, not upward, because it's now fluctuating between 5 and 6 USD. Until November it was at 1 USD as designed.
If it works like BitUSD, why isn't someone creating great amounts of SBD from STEEM and shorting them to bring the price back down and earn a lot from the arbitrage?
!cryptocurrency -
Hallå Kitteh (clacke@social.heldscal.la)'s status on Tuesday, 16-Jan-2018 01:58:38 UTC
Hallå Kitteh
> In an official announcement, South Korean government reaffirms there will be NO TRADING BAN for #cryptocurrency market in the short term and NOTHING IS FINALIZED.
Yet everything except NEO is still falling.
There is still some time to buy into the dip, people.
!cryptocurrency
https://twitter.com/iamjosephyoung/status/951428854085689344 -
Hallå Kitteh (clacke@social.heldscal.la)'s status on Tuesday, 16-Jan-2018 01:32:31 UTC
Hallå Kitteh
!cryptocurrency
> You all made a lot of noise about decentralization, and someone finally went and measured it for Bitcoin and Ethereum. Wait that's us.
> http://hackingdistributed.com/2018/01/15/decentralization-bitcoin-ethereum/
https://twitter.com/el33th4xor/status/952884970598682624
> "A Byzantine quorum system with 20 nodes would be more decentralized than Bitcoin or Ethereum with significantly fewer resource costs."
https://twitter.com/bcrypt/status/952950407960997888
> "Of course, the design of a quorum protocol that provides open participation, while fairly selecting 20 nodes to sequence transactions, is non-trivial." ¯\_(ツ)_/¯
https://twitter.com/acityinohio/status/952950974183743488
> it's almost as if people invented the Stellar Consensus Protocol
https://twitter.com/bcrypt/status/953026106054995968 -
Hallå Kitteh (clacke@social.heldscal.la)'s status on Monday, 15-Jan-2018 11:14:18 UTC
Hallå Kitteh
#raiblocks weekend reading
https://dev.raiblocks.net/page/faq.php
> a novel block-lattice architecture, where each account has its own blockchain
The SSB of currencies!
https://raiblocks.net/media/RaiBlocks_Whitepaper__English.pdf
8 page whitepaper? Me like. Satoshi size.
!cryptocurrency -
Hallå Kitteh (clacke@social.heldscal.la)'s status on Friday, 05-Jan-2018 03:00:47 UTC
Hallå Kitteh
That "Transaction Accelerator" looks like a scam, but I figured hey, I'll look into it.
> Price
> Based on the tx size, bitcoin price, etc.
> $407.20^W$301.37
HAHA no
!cryptocurrency -
Hallå Kitteh (clacke@social.heldscal.la)'s status on Wednesday, 03-Jan-2018 04:04:52 UTC
Hallå Kitteh
Suddenly Stellar is rivaling Litecoin? I'm so out of the news loop. I have no idea what's going on, except that Cardano is a straight line up.
!cryptocurrency -
Hallå Kitteh (clacke@social.heldscal.la)'s status on Tuesday, 02-Jan-2018 05:13:12 UTC
Hallå Kitteh
Ah, so things are actually shaping up now.
No bech32 support yet, but several exchanges are using SegWit to send txes, and several of them support sending to multiple recipients in one tx ("batching").
Note: When this page says Electrum supports pay-to-many/multiple-recipients/batching, it is talking about desktop Electrum. I haven't seen that it's possible to do in any mobile wallet.
https://www.reddit.com/r/Bitcoin/comments/7na2xb/day_6_i_will_post_this_guide_regularly_until/
/via https://framapiaf.org/@btc/99270603723712527
!cryptocurrency -
Hallå Kitteh (clacke@social.heldscal.la)'s status on Sunday, 31-Dec-2017 14:29:09 UTC
Hallå Kitteh
> So what went wrong?
Nothing!
Worse is better. Billions of dollars have gone into the cryptocurrency system and we have a new dotcom boom.
Most of the money will be spent on the wrong things, but there is orders of magnitude more money going into actually solving the issues displayed by Bitcoin than there would have been had it not escaped the lab. There are orders of magnitude more enthusiasts coming up with ideas around it than there would have been if this stuff had been trapped in academia for a decade.
https://www.cs.columbia.edu/~smb/blog/2017-12/2017-12-30.html
/via https://lobste.rs/s/83bkeh/bitcoin_andromeda_strain_computer
!cryptocurrency -
Hallå Kitteh (clacke@social.heldscal.la)'s status on Monday, 25-Dec-2017 01:19:56 UTC
Hallå Kitteh
> Bitcoin acceptance among the top 500 eCommerce Merchants
> This is possibly the saddest bitcoin chart ever.
http://www.businessinsider.com/morgan-stanley-on-bitcoin-value-2017-12
And yet, Bitcoin is way ahead of any other cryptocurrency here! :-)
The only way is up. Bon Yule, !cryptocurrency people! https://social.heldscal.la/attachment/1095548 -
Hallå Kitteh (clacke@social.heldscal.la)'s status on Sunday, 24-Dec-2017 14:00:09 UTC
Hallå Kitteh
@cjd @h Seriously honestly read that as "Kai Stinkbombe" when I first saw your comment. That doesn't affect the argument either way though. :-)
https://hackernoon.com/ten-years-in-nobody-has-come-up-with-a-use-case-for-blockchain-ee98c180100 is just wrong. There is definitely a market for things like trustless pegged instruments, disintermediated conditional microtransactions and probably some uses of DAOs, or at least machines or algorithms "owning" capital. And they're not even all illegal! :-)
It's just that this is so much in its infancy that most of the money is still invested in the first Proof-of-Concept.
There is much more to be explored in the space of building really interesting currencies on top of a not-interesting currency substrate. And I think that space contains both "better capitalism", in several different ways and senses, and alternatives to capitalism.
But for this to be real we need more sophisticated contracts than what's possible on BitCoin, and better languages, high and low level, than what's available on Ethereum.
I think what BitShares has been doing for a long time is getting far less spotlight than it should, and that what it does is also the most interesting use case for any coming generic application platform.
!cryptocurrency -
Hallå Kitteh (clacke@social.heldscal.la)'s status on Thursday, 21-Dec-2017 06:16:40 UTC
Hallå Kitteh
Went to the eternal #BitShares price topic to see if anyone can explain the mad rise over the last day or so.
https://bitsharestalk.org/index.php/topic,16894.3570.html
> Please do keep in mind that this whole general pump is largely fueled by the Tether scam :-\...
Explain how. People are buying BitUSD or maybe whatever:USD? Isn't BTS basically unknown still? OTOH since it's so obscure, it doesn't take a lot of external pressure to drive it up.
!cryptocurrency -
Hallå Kitteh (clacke@social.heldscal.la)'s status on Thursday, 21-Dec-2017 04:30:09 UTC
Hallå Kitteh
Do not access the #etherdelta site right now, it may snoop your keys and steal your funds. It's a bit unclear. Stay calm and don't do anything rash.
If you can get your funds out without accessing the site, that sounds like a good idea.
> Dear users, we have reason to believe that there had been malicious attacks that temporarily gained access to [EtherDelta] DNS server.
https://twitter.com/etherdelta/status/943580458616541184
> The malicious dapp let people deposit ether, but sent it to a different account.
https://twitter.com/danfinlay/status/943656372830216193
> Follow these instructions to transfer your #ethereum #tokens out of @etherdelta as a precaution during the #hack
> https://youtube.com/watch?v=slru097RrfM
https://twitter.com/tokens_express/status/943611461082992640
But what if that youtube video is the real hack? ;-)
Use your head, keep yourself informed.
#etherdeltahack !cryptocurrency
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