Andreessen Horowitz Launches $300 Million Crypto Fund

[Twitter/Clubhouse/News Media?] Silicon Valley v The New York Times: Overpriced Suitcases, Insta Stories, Insular Apps and Bitcoin Bounties

Background:
What is Clubhouse?
You know all those stories of people interrupting Zoom calls by spamming the link and getting in? What if that, as a business model. It is still in private beta, has only 1500 users and yet somehow venture capitalists have $12 million invested at a $100 milion dollar valuation in this.
What is Away?
Hardcover suitcases that cost $225 and above. Hipsters seem to like it. "The brand is more than just luggage. It’s about travel." It is treated like a tech company by VCs for some godforsaken reason (it has raised $100 million at a $1.4 billion valuation), and the CEO uses a lot of Lean In rhetoric (female led, inclusive etc.)
How New York Times?
The New York Times has hired a reporter, Taylor Lorenz, specifically for "Internet Culture" i.e. HobbyDrama reporting. (No, seriously, look at the stories she gets to write. For the NYT!)
Pre-Drama Events:
In December 2019, an elaborate investigation was posted by The Verge (not the NYT, important) about the toxic work culture at Away, with the CEO, Steph Corey, calling workers brain dead and firing someone based on chat in an internal private Slack channel called #Hot-Topics "filled with LGBTQ folks and people of color" (from article).
Korey stepped down as CEO in December, with another CEO to be selected. She came back as co-CEO in January because she 'should not have fallen on the sword.'
Course of the Drama:
June 30/July 1: On an Instagram AMA, returned co-CEO Korey answered a question about "women being targeted by the media" (I presume the AMA went in that direction) by talking about media having an incentive to clickbait in the social media era that and women (like her) were targeted because women are supposed to be motherly, ambitious women like Hillary are targeted by the media, some millennial women who work in the media forgo their ethics to advance their career because old media ethics are being eroded.
The Verge investigation was done by Zoë Schiffer, a “millennial woman.”
Incensed by this, Lorenz posts the IG pics on twitter (previous link from her) and speculates that this AMA exists because of a piece on the disgracing of the “girlboss” stereotype. To recap, neither the original story, nor the Atlantic op-ed were written by her.
Techbros start sharing the same pics of the AMA as a balanced perspective.
Until this point, #bothsides, let them fight, etc.
Enter Balaji Srinivasan. Here is a pompous bio.
He starts attacking Lorenz (again, not the writer of any of the stories). Lorenz says the guy has been obsessively attacking her for quite some time on Clubhouse gussied up public Webex calls (in tweets after the linked tweet).
Then anti-Lorenz sockpuppet accounts start being created to attack her.
An elaborate website is linked by the accounts, specifically to attack her. (Click the link, it is deranged as all hell.)
Taylor asks Ben Horowitz (of multi-billion dollar Andreessen Horowitz, where Balaji has worked before) to get him to stop. Gets blocked.
Then the Andreessen Horowitz batch have a conversation on Clubhouse Discord without texting with Lorenz. After Taylor leaves, (this part leaked to Vice, so you can go listen) Ben Horowitz’ wife, Felicia says that Taylor is playing the “woman card to defend herself.” Balaji implies that she may be “afraid of a brown man.”
And then the conversations ascend:
”the entire tech press was complicit in covering up the threat of COVID-19,”
relying on the press is “outsourcing your information supply chain to folks who are disaligned with you,”
”Media corporations are not the free press, any more than chain restaurants are food “
“why does press have a right to investigate private companies, let the market decide, I don’t understand who gives them that right” (Note: Probably from another conversation by some CEO)
Also something about Github, VC funding and Blockchains being a better model for journalism. (Bitconeeeect!!)
Then Vice reports on it.
Tech media rallies around Taylor [retweets on her twitter]. Glenn Greenwald pokes his nose and says otherwise, because Greenwald.
VCs support their own (along with MC Hammer?? because he’s also on Clubhouse the conference calls you join “for fun” app? So is Oprah???), with opinions like
I’ve never met a VC more powerful than a journalist. One can block me from accessing capital. The other has controlled the narrative / perception of my entire race for decades.
And other nuclear fucking takes retweeted by Felicia Horowitz
And Balaji?
When reached for comment, Balaji claims recording it was illegal (which, idk, haven’t seen the Terms of Service, only 1500 people can use Clubhouse the Twitch app, but you don’t have video and chat has audio)
And then he announces a $1000 bounty for memes and analysis of this event.
(paid in Bitcoin, obviously, this whole scenario is a damn meme)
This gets the creator of Ruby on Rails/Basecamp to defect to the media’s side
Aftermath? (This is a current story):
VCs (like Paul Graham) declare that the media hates them because they are losing power
Media Twitter decides VC Twitter is trying to reanimate the corpse of #GamerGate
Steph Korey, the instigator of this spiraling nonsense? Away says she has decided to step down (redux) because an employee revolt over her IG post.
(Recap: Away sells hardcases to hypebeasts. They are worth a billion because of VCs)
Balaji, rich VC guy, has memes on his timeline?
[Elon Musk has not weighed in yet, if you are curious]
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DFINITY Research Report

DFINITY Research Report
Author: Gamals Ahmed, CoinEx Business Ambassador
ABSTRACT
The DFINITY blockchain computer provides a secure, performant and flexible consensus mechanism. At its core, DFINITY contains a decentralized randomness beacon, which acts as a verifiable random function (VRF) that produces a stream of outputs over time. The novel technique behind the beacon relies on the existence of a unique-deterministic, non-interactive, DKG-friendly threshold signatures scheme. The only known examples of such a scheme are pairing-based and derived from BLS.
The DFINITY blockchain is layered on top of the DFINITY beacon and uses the beacon as its source of randomness for leader selection and leader ranking. A “weight” is attributed to a chain based on the ranks of the leaders who propose the blocks in the chain, and that weight is used to select between competing chains. The DFINITY blockchain is layered on top of the DFINITY beacon and uses the beacon as its source of randomness for leader selection and leader ranking blockchain is further hardened by a notarization process which dramatically improves the time to finality and eliminates the nothing-at-stake and selfish mining attacks.
DFINITY consensus algorithm is made to scale through continuous quorum selections driven by the random beacon. In practice, DFINITY achieves block times of a few seconds and transaction finality after only two confirmations. The system gracefully handles temporary losses of network synchrony including network splits, while it is provably secure under synchrony.

1.INTRODUCTION

DFINITY is building a new kind of public decentralized cloud computing resource. The company’s platform uses blockchain technology which is aimed at building a new kind of public decentralized cloud computing resource with unlimited capacity, performance and algorithmic governance shared by the world, with the capability to power autonomous self-updating software systems, enabling organizations to design and deploy custom-tailored cloud computing projects, thereby reducing enterprise IT system costs by 90%.
DFINITY aims to explore new territory and prove that the blockchain opportunity is far broader and deeper than anyone has hitherto realized, unlocking the opportunity with powerful new crypto.
Although a standalone project, DFINITY is not maximalist minded and is a great supporter of Ethereum.
The DFINITY blockchain computer provides a secure, performant and flexible consensus mechanism. At its core, DFINITY contains a decentralized randomness beacon, which acts as a verifiable random function (VRF) that produces a stream of outputs over time. The novel technique behind the beacon relies on the existence of a unique-deterministic, non-interactive, DKG-friendly threshold signatures scheme. The only known examples of such a scheme are pairing-based and derived from BLS.
DFINITY’s consensus mechanism has four layers: notary (provides fast finality guarantees to clients and external observers), blockchain (builds a blockchain from validated transactions via the Probabilistic Slot Protocol driven by the random beacon), random beacon (provides the source of randomness for all higher layers like smart contract applications), and identity (provides a registry of all clients).
DFINITY’s consensus mechanism has four layers

Figure1: DFINITY’s consensus mechanism layers
1. Identity layer:
Active participants in the DFINITY Network are called clients. Where clients are registered with permanent identities under a pseudonym. Moreover, DFINITY supports open membership by providing a protocol for registering new clients by depositing a stake with an insurance period. This is the responsibility of the first layer.
2. Random Beacon layer:
Provides the source of randomness (VRF) for all higher layers including ap- plications (smart contracts). The random beacon in the second layer is an unbiasable, verifiable random function (VRF) that is produced jointly by registered clients. Each random output of the VRF is unpredictable by anyone until just before it becomes avail- able to everyone. This is a key technology of the DFINITY system, which relies on a threshold signature scheme with the properties of uniqueness and non-interactivity.

https://preview.redd.it/hkcf53ic05e51.jpg?width=441&format=pjpg&auto=webp&s=44d45c9602ee630705ce92902b8a8379201d8111
3. Blockchain layer:
The third layer deploys the “probabilistic slot protocol” (PSP). This protocol ranks the clients for each height of the chain, in an order that is derived determin- istically from the unbiased output of the random beacon for that height. A weight is then assigned to block proposals based on the proposer’s rank such that blocks from clients at the top of the list receive a higher weight. Forks are resolved by giving favor to the “heaviest” chain in terms of accumulated block weight — quite sim- ilar to how traditional proof-of-work consensus is based on the highest accumulated amount of work.
The first advantage of the PSP protocol is that the ranking is available instantaneously, which allows for a predictable, constant block time. The second advantage is that there is always a single highest-ranked client, which allows for a homogenous network bandwidth utilization. Instead, a race between clients would favor a usage in bursts.
4. Notarization layer:
Provides fast finality guarantees to clients and external observers. DFINITY deploys the novel technique of block notarization in its fourth layer to speed up finality. A notarization is a threshold signature under a block created jointly by registered clients. Only notarized blocks can be included in a chain. Of all RSA-based alternatives exist but suffer from an impracticality of setting up the thresh- old keys without a trusted dealer.
DFINITY achieves its high speed and short block times exactly because notarization is not full consensus.
DFINITY does not suffer from selfish mining attack or a problem nothing at stake because the authentication step is impossible for the opponent to build and maintain a series of linked and trusted blocks in secret.
DFINITY’s consensus is designed to operate on a network of millions of clients. To en- able scalability to this extent, the random beacon and notarization protocols are designed such as that they can be safely and efficiently delegated to a committee

1.1 OVERVIEW ABOUT DFINITY

DFINITY is a blockchain-based cloud-computing project that aims to develop an open, public network, referred to as the “internet computer,” to host the next generation of software and data. and it is a decentralized and non-proprietary network to run the next generation of mega-applications. It dubbed this public network “Cloud 3.0”.
DFINITY is a third generation virtual blockchain network that sets out to function as an “intelligent decentralised cloud,”¹ strongly focused on delivering a viable corporate cloud solution. The DFINITY project is overseen, supported and promoted by DFINITY Stiftung a not-for-profit foundation based in Zug, Switzerland.
DFINITY is a decentralized network design whose protocols generate a reliable “virtual blockchain computer” running on top of a peer-to-peer network upon which software can be installed and can operate in the tamperproof mode of smart contracts.
DFINITY introduces algorithmic governance in the form of a “Blockchain Nervous System” that can protect users from attacks and help restart broken systems, dynamically optimize network security and efficiency, upgrade the protocol and mitigate misuse of the platform, for example by those wishing to run illegal or immoral systems.
DFINITY is an Ethereum-compatible smart contract platform that is implementing some revolutionary ideas to address blockchain performance, scaling, and governance. Whereas
DFINITY could pose a credible threat to Ethereum’s extinction, the project is pursuing a coevolutionary strategy by contributing funding and effort to Ethereum projects and freely offering their technology to Ethereum for adoption. DFINITY has labeled itself Ethereum’s “crazy sister” to express it’s close genetic resemblance to Ethereum, differentiated by its obsession with performance and neuron-inspired governance model.
Dfinity raised $61 million from Andreesen Horowitz and Polychain Capital in a February 2018 funding round. At the time, Dfinity said it wanted to create an “internet computer” to cut the costs of running cloud-based business applications. A further $102 million funding round in August 2018 brought the project’s total funding to $195 million.
In May 2018, Dfinity announced plans to distribute around $35 million worth of Dfinity tokens in an airdrop. It was part of the company’s plan to create a “Cloud 3.0.” Because of regulatory concerns, none of the tokens went to US residents.
DFINITY be broadening and strengthening the EVM ecosystem by giving applications a choice of platforms with different characteristics. However, if DFINITY succeeds in delivering a fully EVM-compatible smart contract platform with higher transaction throughput, faster confirmation times, and governance mechanisms that can resolve public disputes without causing community splits, then it will represent a clearly superior choice for deploying new applications and, as its network effects grow, an attractive place to bring existing ones. Of course the challenge for DFINITY will be to deliver on these promises while meeting the security demands of a public chain with significant value at risk.

1.1.1 DFINITY FUTURE

  • DFINITY aims to explore new blockchain territory related to the original goals of the Ethereum project and is sometimes considered “Ethereum’s crazy sister.”
  • DFINITY is developing blockchain-based infrastructure to support a new style of the internet (akin to Ethereum’s “World Computer”), one in which the internet itself will support software applications and data rather than various cloud hosting providers.
  • The project suggests this reinvented software platform can simplify the development of new software systems, reduce the human capital needed to maintain and secure data, and preserve user data privacy.
  • Dfinity aims to reduce the costs of cloud services by creating a decentralized “internet computer” which may launch in 2020
  • Dfinity claims transactions on its network are finalized in 3–5 seconds, compared to 1 hour for Bitcoin and 10 minutes for Ethereum.

1.1.2 DFINITY’S VISION

DFINITY’s vision is its new internet infrastructure can support a wide variety of end-user and enterprise applications. Social media, messaging, search, storage, and peer-to-peer Internet interactions are all examples of functionalities that DFINITY plans to host atop its public Web 3.0 cloud-like computing resource. In order to provide the transaction and data capacity necessary to support this ambitious vision, DFINITY features a unique consensus model (dubbed Threshold Relay) and algorithmic governance via its Blockchain Nervous System (BNS) — sometimes also referred to as the Network Nervous System or NNS.

1.2 DFINITY COMMUNITY

The DFINITY community brings people and organizations together to learn and collaborate on products that help steward the next-generation of internet software and services. The Internet Computer allows developers to take on the monopolization of the internet, and return the internet back to its free and open roots. We’re committed to connecting those who believe the same through our events, content, and discussions.

https://preview.redd.it/0zv64fzf05e51.png?width=637&format=png&auto=webp&s=e2b17365fae3c679a32431062d8e3c00a57673cf

1.3 DFINITY ROADMAP (TIMELINE) February 15, 2017

February 15, 2017
Ethereum based community seed round raises 4M Swiss francs (CHF)
The DFINITY Stiftung, a not-for-profit foundation entity based in Zug, Switzerland, raised the round. The foundation held $10M of assets as of April 2017.
February 8, 2018
Dfinity announces a $61M fundraising round led by Polychain Capital and Andreessen Horowitz
The round $61M round led by Polychain Capital and Andreessen Horowitz, along with an DFINITY Ecosystem Venture Fund which will be used to support projects developing on the DFINITY platform, and an Ethereum based raise in 2017 brings the total funding for the project over $100 million. This is the first cryptocurrency token that Andressen Horowitz has invested in, led by Chris Dixon.
August 2018
Dfinity raises a $102,000,000 venture round from Multicoin Capital, Village Global, Aspect Ventures, Andreessen Horowitz, Polychain Capital, Scalar Capital, Amino Capital and SV Angel.
January 23, 2020
Dfinity launches an open source platform aimed at the social networking giants

2.DFINITY TECHNOLOGY

Dfinity is building what it calls the internet computer, a decentralized technology spread across a network of independent data centers that allows software to run anywhere on the internet rather than in server farms that are increasingly controlled by large firms, such as Amazon Web Services or Google Cloud. This week Dfinity is releasing its software to third-party developers, who it hopes will start making the internet computer’s killer apps. It is planning a public release later this year.
At its core, the DFINITY consensus mechanism is a variation of the Proof of Stake (PoS) model, but offers an alternative to traditional Proof of Work (PoW) and delegated PoS (dPoS) networks. Threshold Relay intends to strike a balance between inefficiencies of decentralized PoW blockchains (generally characterized by slow block times) and the less robust game theory involved in vote delegation (as seen in dPoS blockchains). In DFINITY, a committee of “miners” is randomly selected to add a new block to the chain. An individual miner’s probability of being elected to the committee proposing and computing the next block (or blocks) is proportional to the number of dfinities the miner has staked on the network. Further, a “weight” is attributed to a DFINITY chain based on the ranks of the miners who propose blocks in the chain, and that weight is used to choose between competing chains (i.e. resolve chain forks).
A decentralized random beacon manages the random selection process of temporary block producers. This beacon is a Variable Random Function (VRF), which is a pseudo-random function that provides publicly verifiable proofs of its outputs’ correctness. A core component of the random beacon is the use of Boneh-Lynn-Shacham (BLS) signatures. By leveraging the BLS signature scheme, the DFINITY protocol ensures no actor in the network can determine the outcome of the next random assignment.
Dfinity is introducing a new standard, which it calls the internet computer protocol (ICP). These new rules let developers move software around the internet as well as data. All software needs computers to run on, but with ICP the computers could be anywhere. Instead of running on a dedicated server in Google Cloud, for example, the software would have no fixed physical address, moving between servers owned by independent data centers around the world. “Conceptually, it’s kind of running everywhere,” says Dfinity engineering manager Stanley Jones.
DFINITY also features a native programming language, called ActorScript (name may be subject to change), and a virtual machine for smart contract creation and execution. The new smart contract language is intended to simplify the management of application state for programmers via an orthogonal persistence environment (which means active programs are
not required to retrieve or save their state). All ActorScript contracts are eventually compiled down to WebAssembly instructions so the DFINITY virtual machine layer can execute the logic of applications running on the network. The advantage of using the WebAssembly standard is that all major browsers support it and a variety of programming languages can compile down to Wasm (not just ActorScript).
Dfinity is moving fast. Recently, Dfinity showed off a TikTok clone called CanCan. In January it demoed a LinkedIn-alike called LinkedUp. Neither app is being made public, but they make a convincing case that apps made for the internet computer can rival the real things.

2.1 DFINITY CORE APPLICATIONS

The DFINITY cloud has two core applications:
  1. Enabling the re-engineering of business: DFINITY ambitiously aims to facilitate the re-engineering of mass-market services (such as Web Search, Ridesharing Services, Messaging Services, Social Media, Supply Chain, etc) into open source businesses that leverage autonomous software and decentralised governance systems to operate and update themselves more efficiently.
  2. Enable the re-engineering of enterprise IT systems to reduce costs: DFINITY seeks to re-engineer enterprise IT systems to take advantage of the unique properties that blockchain computer networks provide.
At present, computation on blockchain-based computer networks is far more expensive than traditional, centralised solutions (Amazon Web Services, Microsoft Azure, Google Cloud Platform, etc). Despite increasing computational cost, DFINITY intends to lower net costs “by 90% or more” through reducing the human capital cost associated with sustaining and supporting these services.
Whilst conceptually similar to Ethereum, DFINITY employs original and new cryptography methods and protocols (crypto:3) at the network level, in concert with AI and network-fuelled systemic governance (Blockchain Nervous System — BNS) to facilitate Corporate adoption.
DFINITY recognises that different users value different properties and sees itself as more of a fully compatible extension of the Ethereum ecosystem rather than a competitor of the Ethereum network.
In the future, DFINITY hopes that much of their “new crypto might be used within the Ethereum network and are also working hard on shared technology components.”
As the DFINITY project develops over time, the DFINITY Stiftung foundation intends to steadily increase the BNS’ decision-making responsibilities over time, eventually resulting in the dissolution of its own involvement entirely, once the BNS is sufficiently sophisticated.
DFINITY consensus mechanism is a heavily optimized proof of stake (PoS) model. It places a strong emphasis on transaction finality through implementing a Threshold Relay technique in conjunction with the BLS signature scheme and a notarization method to address many of the problems associated with PoS consensus.

2.2 THRESHOLD RELAY

As a public cloud computing resource, DFINITY targets business applications by substantially reducing cloud computing costs for IT systems. They aim to achieve this with a highly scalable and powerful network with potentially unlimited capacity. The DFINITY platform is chalk full of innovative designs and features like their Blockchain Nervous System (BNS) for algorithmic governance.
One of the primary components of the platform is its novel Threshold Relay Consensus model from which randomness is produced, driving the other systems that the network depends on to operate effectively. The consensus system was first designed for a permissioned participation model but can be paired with any method of Sybil resistance for an open participation model.
“The Threshold Relay is the mechanism by which Dfinity randomly samples replicas into groups, sets the groups (committees) up for threshold operation, chooses the current committee, and relays from one committee to the next is called the threshold relay.”
Threshold Relay consists of four layers (As mentioned previously):
  1. Notary layer, which provides fast finality guarantees to clients and external observers and eliminates nothing-at-stake and selfish mining attacks, providing Sybil attack resistance.
  2. Blockchain layer that builds a blockchain from validated transactions via the Probabilistic Slot Protocol driven by the random beacon.
  3. Random beacon, which as previously covered, provides the source of randomness for all higher layers like the blockchain layer smart contract applications.
  4. Identity layer that provides a registry of all clients.

2.2.1 HOW DOES THRESHOLD RELAY WORK?

Threshold Relay produces an endogenous random beacon, and each new value defines random group(s) of clients that may independently try and form into a “threshold group”. The composition of each group is entirely random such that they can intersect and clients can be presented in multiple groups. In DFINITY, each group is comprised of 400 members. When a group is defined, the members attempt to set up a BLS threshold signature system using a distributed key generation protocol. If they are successful within some fixed number of blocks, they then register the public key (“identity”) created for their group on the global blockchain using a special transaction, such that it will become part of the set of active groups in a following “epoch”. The network begins at “genesis” with some number of predefined groups, one of which is nominated to create a signature on some default value. Such signatures are random values — if they were not then the group’s signatures on messages would be predictable and the threshold signature system insecure — and each random value produced thus is used to select a random successor group. This next group then signs the previous random value to produce a new random value and select another group, relaying between groups ad infinitum and producing a sequence of random values.
In a cryptographic threshold signature system a group can produce a signature on a message upon the cooperation of some minimum threshold of its members, which is set to 51% in the DFINITY network. To produce the threshold signature, group members sign the message
individually (here the preceding group’s threshold signature) creating individual “signature shares” that are then broadcast to other group members. The group threshold signature can be constructed upon combination of a sufficient threshold of signature shares. So for example, if the group size is 400, if the threshold is set at 201 any client that collects that many shares will be able to construct the group’s signature on the message. Other group members can validate each signature share, and any client using the group’s public key can validate the single group threshold signature produced by combining them. The magic of the BLS scheme is that it is “unique and deterministic” meaning that from whatever subset of group members the required number of signature shares are collected, the single threshold signature created is always the same and only a single correct value is possible.
Consequently, the sequence of random values produced is entirely deterministic and unmanipulable, and signatures generated by relaying between groups produces a Verifiable Random Function, or VRF. Although the sequence of random values is pre-determined given some set of participating groups, each new random value can only be produced upon the minimal agreement of a threshold of the current group. Conversely, in order for relaying to stall because a random number was not produced, the number of correct processes must be below the threshold. Thresholds are configured so that this is extremely unlikely. For example, if the group size is set to 400, and the threshold is 201, 200 or more of the processes must become faulty to prevent production. If there are 10,000 processes in the network, of which 3,000 are faulty, the probability this will occur is less than 10e-17.

2.3 DFINITY TOKEN

The DFINITY blockchain also supports a native token, called dfinities (DFN), which perform multiple roles within the network, including:
  1. Fuel for deploying and running smart contracts.
  2. Security deposits (i.e. staking) that enable participation in the BNS governance system.
  3. Security deposits that allow client software or private DFINITY cloud networks to connect to the public network.
Although dfinities will end up being assigned a value by the market, the DFINITY team does not intend for DFN to act as a currency. Instead, the project has envisioned PHI, a “next-generation” crypto-fiat scheme, to act as a stable medium of exchange within the DFINITY ecosystem.
Neuron operators can earn Dfinities by participating in network-wide votes, which could be concerning protocol upgrades, a new economic policy, etc. DFN rewards for participating in the governance system are proportional to the number of tokens staked inside a neuron.

2.4 SCALABILITY

DFINITY is constantly developing with a structure that separates consensus, validation, and storage into separate layers. The storage layer is divided into multiple strings, each of which is responsible for processing transactions that occur in the fragment state. The verification layer is responsible for combining hashes of all fragments in a Merkle-like structure that results in a global state fractionation that is stored in blocks in the top-level chain.

2.5 DFINITY CONSENSUS ALGORITHM

The single most important aspect of the user experience is certainly the time required before a transaction becomes final. This is not solved by a short block time alone — Dfinity’s team also had to reduce the number of confirmations required to a small constant. DFINITY moreover had to provide a provably secure proof-of-stake algorithm that scales to millions of active participants without compromising any bit on decentralization.
Dfinity soon realized that the key to scalability lay in having an unmanipulable source of randomness available. Hence they built a scalable decentralized random beacon, based on what they call the Threshold Relay technique, right into the foundation of the protocol. This strong foundation drives a scalable and fast consensus layer: On top of the beacon runs a blockchain which utilizes notarization by threshold groups to achieve near-instant finality. Details can be found in the overview paper that we are releasing today.
The roots of the DFINITY consensus mechanism date back to 2014 when thair Chief Scientist, Dominic Williams, started to look for more efficient ways to drive large consensus networks. Since then, much research has gone into the protocol and it took several iterations to reach its current design.
For any practical consensus system the difficulty lies in navigating the tight terrain that one is given between the boundaries imposed by theoretical impossibility-results and practical performance limitations.
The first key milestone was the novel Threshold Relay technique for decentralized, deterministic randomness, which is made possible by certain unique characteristics of the BLS signature system. The next breakthrough was the notarization technique, which allows DFINITY consensus to solve the traditional problems that come with proof-of-stake systems. Getting the security proofs sound was the final step before publication.
DFINITY consensus has made the proper trade-offs between the practical side (realistic threat models and security assumptions) and the theoretical side (provable security). Out came a flexible, tunable algorithm, which we expect will establish itself as the best performing proof-of-stake algorithm. In particular, having the built-in random beacon will prove to be indispensable when building out sharding and scalable validation techniques.

2.6 LINKEDUP

The startup has rather cheekily called this “an open version of LinkedIn,” the Microsoft-owned social network for professionals. Unlike LinkedIn, LinkedUp, which runs on any browser, is not owned or controlled by a corporate entity.
LinkedUp is built on Dfinity’s so-called Internet Computer, its name for the platform it is building to distribute the next generation of software and open internet services.
The software is hosted directly on the internet on a Switzerland-based independent data center, but in the concept of the Internet Computer, it could be hosted at your house or mine. The compute power to run the application LinkedUp, in this case — is coming not from Amazon AWS, Google Cloud or Microsoft Azure, but is instead based on the distributed architecture that Dfinity is building.
Specifically, Dfinity notes that when enterprises and developers run their web apps and enterprise systems on the Internet Computer, the content is decentralized across a minimum of four or a maximum of an unlimited number of nodes in Dfinity’s global network of independent data centers.
Dfinity is an open source for LinkedUp to developers for creating other types of open internet services on the architecture it has built.
“Open Social Network for Professional Profiles” suggests that on Dfinity model one can create “Open WhatsApp”, “Open eBay”, “Open Salesforce” or “Open Facebook”.
The tools include a Canister Software Developer Kit and a simple programming language called Motoko that is optimized for Dfinity’s Internet Computer.
“The Internet Computer is conceived as an alternative to the $3.8 trillion legacy IT stack, and empowers the next generation of developers to build a new breed of tamper-proof enterprise software systems and open internet services. We are democratizing software development,” Williams said. “The Bronze release of the Internet Computer provides developers and enterprises a glimpse into the infinite possibilities of building on the Internet Computer — which also reflects the strength of the Dfinity team we have built so far.”
Dfinity says its “Internet Computer Protocol” allows for a new type of software called autonomous software, which can guarantee permanent APIs that cannot be revoked. When all these open internet services (e.g. open versions of WhatsApp, Facebook, eBay, Salesforce, etc.) are combined with other open software and services it creates “mutual network effects” where everyone benefits.
On 1 November, DFINITY has released 13 new public versions of the SDK, to our second major milestone [at WEF Davos] of demoing a decentralized web app called LinkedUp on the Internet Computer. Subsequent milestones towards the public launch of the Internet Computer will involve:
  1. On boarding a global network of independent data centers.
  2. Fully tested economic system.
  3. Fully tested Network Nervous Systems for configuration and upgrades

2.7 WHAT IS MOTOKO?

Motoko is a new software language being developed by the DFINITY Foundation, with an accompanying SDK, that is designed to help the broadest possible audience of developers create reliable and maintainable websites, enterprise systems and internet services on the Internet Computer with ease. By developing the Motoko language, the DFINITY Foundation will ensure that a language that is highly optimized for the new environment is available. However, the Internet Computer can support any number of different software frameworks, and the DFINITY Foundation is also working on SDKs that support the Rust and C languages. Eventually, it is expected there will be many different SDKs that target the Internet Computer.
Full article
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P-REP Proposal; ICON, 20% exposure in top crypto event of 2020, reach 100+ universities/corporate partners (BETTER THAN SLICED BREAD), organized by MouseBelt.

Summary:
Event site: https://www.ri2020.io/
Event date: May 18th, 2020
P-PREP Commitment Date: April 30th, 2020
Telegram: u/markusreisner
We believe we have a strong proposition to market ICON in a meaningful way to some of the largest communities in crypto.
The MouseBelt team has the largest global network of over 100+ universities in 20+ countries. Over the last few months, 10+ university blockchain events we were working with got canceled for obvious reasons.
Due to that fact, and our understanding of our reach we decided to launch a virtual conference. Since April 10th here is what happened:
MouseBelt will invest over $70k+ into this event. We would like to have fellow P-Reps invest $20k (this will go 100% to BlockTV production cost).
The benefit to the ICON community will be:
Background:
MouseBelt is a popular blockchain ecosystem consisting of multiple parts:
MouseBelt as ICON developers:
Our engineering team has implemented token assets on ZenSports (SPORTS), the first STO on the ICON network, and GrowYourBase, the #1 IRC2 application token in market capitalization on the ICON network.
Currently, we are developing the Balanced network in concert with ICX_Station, PARROT9, and Iconosphere. Balanced will bring synthetic assets backed by ICX to the ICON network, as well as tokenized staked ICX. This can assist with both a stable asset for payments, and a base for other DeFi applications
MouseBelt as a P-Rep:
We have been a Main P-Rep most of the time since decentralization of the network and so far had utilized our funds for student education.
Such as the “ICON in a box” workshops and the Milwaukee Blockchain Conference, which we sponsored in a direct ICX payment and the second annual payment for UCLA’s blockchain engineering course.
REIMAGINE2020, Conference details:
Conferences have always been an integral part of the blockchain space to promote projects in the industry.
With recent evolutions around the globe, things have changed. They either got canceled or delayed.
We have created REIMAGINE2020, a virtual conference.
Shared by the ICON Foundation on April 18.
We can effectively and efficiently promote ICON to the world through Reiamgine2020 | BlockTV. The driving force behind the conference is: highest quality of Content matched with the best production quality for Video. The funds will allow MouseBelt to promote ICON logo/branding throughout the conference/programming for straight 72 hr of live streaming. Additionally, we have the opportunity to properly place ICON logo/branding in highly favorable on-screen placements (tickers/commercials/plugs and continuous branding) reaching 5M viewers globally. ICX Station is providing a Keynote to drive global interest.
Confirmed partners
Schedule & Format
Production Status
Audience
In addition to the communities of our confirmed partners and universities we are targeting:
1. Viewers - Tuning into the livestream, attending a workshop, or watching the content post-conference.
2. Participants - Speakers, partners, and sponsors
3. As far as hard data for "attendees" we have two signals:
submitted by patrickMouse to helloicon [link] [comments]

Weekly news review (June 15-21)

Weekly news review (June 15-21)
How have you been? I guess it's time to deep dive into last week's news.
https://preview.redd.it/5xpcv035pg631.jpg?width=1200&format=pjpg&auto=webp&s=f12701a105d42b008c5c9079cbd91f5ff67a9d32

The deceased owner of the now-defunct Canadian crypto exchange QuadrigaCX was allegedly transferring user funds off the exchange and using them as a security for his own margin trading on other platforms.
“Significant volumes of Cryptocurrency were transferred off Platform outside Quadriga to competitor exchanges into personal accounts controlled by Mr. Cotten. It appears that User Cryptocurrency was traded on these exchanges and in some circumstances used as security for a margin trading account established by Mr. Cotten.”
In addition, Cotten reportedly created fake “identified” accounts on Quadriga under multiple aliases “into which unsupported Deposits were deposited and used to trade within the platform.” This, Ernst & Young, states, resulted in “inflated revenue figures, artificial trades with Users and ultimately the withdrawal of Cryptocurrency deposited by Users.”

Russian hackers, not North Korean, may be the bad actors behind probably the biggest ever theft from a cryptocurrency exchange.
Japanese newspaper Asahi Shimbun reports Monday that virus variants known to be linked to Russian hackers have been found on employee computers at the Tokyo-based Coincheck exchange.
According to the report, the malware found at the exchange had been emailed to employees and included types called Mokes and Netwire, which allow malicious distributors to gain access to victims’ machines and operate them remotely. Mokes apparently first appeared on a Russian bulletin board in 2011, while Netwire has been around for 12 years.

Social media giant Facebook has released the white paper for its long-awaited cryptocurrency and blockchain-based financial infrastructure project on June 18.
According to the paper, Facebook’s global stablecoin, dubbed “libra,” will operate on the native and scalable Libra blockchain, and be backed by a reserve of assets ostensibly “designed to give it intrinsic value” and mitigate volatility fluctuations.
The new cryptocurrency will be governed by a not-for-profit, Switzerland-based consortium — the “Libra Association” — which counts Mastercard, PayPal, Visa, Stripe, eBay, Coinbase, Andreessen Horowitz and Uber among its founding members.
Facebook ostensibly plans to expand the association to around 100 members by the time of Libra’s launch in the first half of 2020.

Bitcoin’s price has set another new high for 2019, reaching $9,599 before retracing slightly to end Thursday’s trading.
The move to fresh 2019 highs comes after the bitcoin price dropped to as low as $8,919 on June 18 before a surge of buying pressure pushed prices back above $9,000 within the same day.

Visa, Mastercard, PayPal, and Uber are all backing Facebook’s new cryptocurrency, according to a new report.
The Wall Street Journal reported Thursday that the social media giant has signed on more than a dozen backers for its GlobalCoin cryptocurrency, a stablecoin that has been developed in secrecy for more than six months. Each of the new backers will invest roughly $10 million in the project as part of a governing consortium for the cryptocurrency.

Let us know what you think!
submitted by rokkex to Rokkex [link] [comments]

Significant people of The Crypto World

Significant people of The Crypto World
The cryptocurrency and blockchain spheres are less than 10 years old, but in this industry, thanks to the incredible speed of change, there are already “people-legends” that nobody knew about yesterday, and tomorrow the whole world will speak.In this article, we will continue our acquaintance with crypto geniuses, which would eventually become more and more.So who are the great minds of the virtual world?

Brock Pierce — from gamer to millionaire

https://preview.redd.it/4z8wy8sztrl31.jpg?width=960&format=pjpg&auto=webp&s=03cbdc2c9cd3e2557adfa5bd07b51d7d7a3c2385
Brock Pierce met cryptocurrencies through entertainment. In the 2000s, Pierce, being an avid gamer, founded one of the largest gaming companies selling virtual assets. Involvement in virtual currencies led Pierce into the world of the blockchain at the very beginning. He was fascinated by the potential of Bitcoin, so he decided to leave the gaming industry and start looking for, founding and financing cryptocurrency companies — Mastercoin, Blockchain Capital, Coinbase, Ethereum, Tether, Bitfury and now Block.one. Brock donated $1 billion to a decentralized autonomous community, which is created on the basis of the EOS platform.

Preethi Kasireddy — An engineer with a big heart

https://preview.redd.it/awljtyepvrl31.jpg?width=1280&format=pjpg&auto=webp&s=6869c5cc3a562e396bc4290734fbf2b4a77132c8
Meet Preethi Kasireddy — blockchain engineer and former associate of CoinBase, Goldman Sachs and Andreessen Horowitz. In 2012, Preethi graduated from the University of Southern California, gaining knowledge in the field of industrial and system engineering. Today, Preethi Kasireddy, as the founder and CEO of TruStory, is creating a company that introduces and develops blockchain technologies. In her free time, Preethi does volunteer work. For example, Preethi was actively helping to raise funds in Los Angeles to educate low-income children in India. Also, she teaches a full course “WEB development for schoolchildren”. Preethi says she lives and breathes the idea of ​​a crypto.

Roger Ver — “Bitcoin Jesus”

https://preview.redd.it/rowhubztvrl31.jpg?width=4000&format=pjpg&auto=webp&s=c8b18a72553db98286da1eb81827fdcc9e54d9f7
Roger Ver was one of the first investors in Bitcoin startups and financially helped several projects such as Blockchain.info and BitPay.
Roger first met Bitcoin while listening to the radio program. Later, when dealing with media representatives, Roger Ver said that he had not left his house for more than 7 days after that and was looking for any available information about this cryptocurrency. At that moment Roger realized that this virtual currency is the best form of financial resources that ever existed in the world. The desire to gain knowledge about Bitcoin led to a lack of sleep, because of which Roger Ver’s friend had to take the young entrepreneur to the hospital.
The entrepreneur has invested his own funds in a huge number of different projects related to Bitcoin virtual currency, including Blockchain.info, BitPay, Ripple and many others. Roger Ver’s total financial investment was approximately $1 million.
Communicating with media representatives, Roger Ver said that Bitcoin will meet many obstacles on its path, but it will be able to improve the quality of all people’s lives in the world. He also added that he does not care enough about short-term changes in the rate of this virtual currency.

Andreas Antonopoulos — Bitcoin Guru

https://preview.redd.it/wkx2fbp3wrl31.jpg?width=722&format=pjpg&auto=webp&s=23337858437d4b9ca4a03556ff79e45b20e2a764
Andreas Antonopoulos is one of the world’s most famous Bitcoin and blockchain experts. He is a very popular speaker and he is interested not only in the investment side of technology, but also in the educational, political, cultural and human components.
In 2014, Andreas was invited to the post of lecturer at the University of Nicosia, the first university in the world, where people can receive a master’s degree in digital currencies. Today Antonopoulos works in the Committee for Supervision of Bitcoin on the Chicago Mercantile Exchange.Today Antonopoulos works the Oversight Committee for the Bitcoin Reference Rate at the Chicago Mercantile Exchange.
Andreas has published many famous bestsellers about cryptocurrency. In particular, in 2014, Antonopoulos wrote the book “Mastering Bitcoin”.
Andreas emphasizes that he is not very interested in the spread of Bitcoin in developed Western countries. He is more fascinated by the idea that you can use Bitcoin in Kenya, Lagos or Nigeria with an old Nokia, and people who have never had access to banking services will be able to join the global economy this way.

Winklevoss brothers — the first Bitcoin billionaires

https://preview.redd.it/angh5onbwrl31.jpg?width=1140&format=pjpg&auto=webp&s=de90beb0a064f66c5ce5381529869624a8a163d9
The first in the world billionaires who earned a fortune on Bitcoins were American twin brothers Cameron and Taylor Winklevoss. The state of the brothers is estimated at 100 thousand Bitcoins, which is equivalent to 1.17 billion dollars.
Well-known entrepreneurs and Bitcoin-enthusiasts, the Winklevoss brothers build two Bitcoin companies and own 1% of all Bitcoins already mined. As said Tyler Winklevoss, “We eat, sleep, breathe Bitcoin.”
Winklevoss deliberately do not sell cryptocurrency, indicating the long-term investment. Bitcoin they call the “improved version of gold”.

There are many amazing people in the Crypto World and we will keep telling you about the most vivid and interesting ones. Some have distinguished themselves by contributing to the development of the industry, others have managed to make good money and promote blockchain technology. Without these people, we would never know about such great innovations as blockchain and cryptocurrency, which is the future of our world.


Feel free to follow our updates and news on Twitter, Facebook, Telegram and BitcoinTalk.
Read what the customers say about SimpleSwap on Trustpilot.
Don’t hesitate to contact us with any questions you may have via [[email protected]](mailto:[email protected]).
submitted by SimpleSwapExchange to Cryptocurrency_Daily [link] [comments]

Significant people of The Crypto World

Significant people of The Crypto World
The cryptocurrency and blockchain spheres are less than 10 years old, but in this industry, thanks to the incredible speed of change, there are already “people-legends” that nobody knew about yesterday, and tomorrow the whole world will speak.
In this article, we will continue our acquaintance with crypto geniuses, which would eventually become more and more.
So who are the great minds of the virtual world?

Brock Pierce — from gamer to millionaire

https://preview.redd.it/cpg7ccxq1dm31.jpg?width=960&format=pjpg&auto=webp&s=ce5d1f4cc2ff52aea425c68056d89c3d6f9b543e
Brock Pierce met cryptocurrencies through entertainment. In the 2000s, Pierce, being an avid gamer, founded one of the largest gaming companies selling virtual assets. Involvement in virtual currencies led Pierce into the world of the blockchain at the very beginning. He was fascinated by the potential of Bitcoin, so he decided to leave the gaming industry and start looking for, founding and financing cryptocurrency companies — Mastercoin, Blockchain Capital, Coinbase, Ethereum, Tether, Bitfury and now Block. one. Brock donated $1 billion to a decentralized autonomous community, which is created on the basis of the EOS platform.

Preethi Kasireddy — An engineer with a big heart

https://preview.redd.it/84dtgmis1dm31.jpg?width=1280&format=pjpg&auto=webp&s=6b1a450a6d689acce9c2dd5ef3690fb67923d83b
Meet Preethi Kasireddy — blockchain engineer and former associate of CoinBase, Goldman Sachs and Andreessen Horowitz. In 2012, Preethi graduated from the University of Southern California, gaining knowledge in the field of industrial and system engineering. Today, Preethi Kasireddy, as the founder and CEO of TruStory, is creating a company that introduces and develops blockchain technologies. In her free time, Preethi does volunteer work. For example, Preethi was actively helping to raise funds in Los Angeles to educate low-income children in India. Also, she teaches a full course “WEB development for schoolchildren”. Preethi says she lives and breathes the idea of ​​a crypto.

Roger Ver — “Bitcoin Jesus”

https://preview.redd.it/s3bvu81w1dm31.jpg?width=4000&format=pjpg&auto=webp&s=99660eb5ce334b35c948b6b21a5bdc44009f0b99
Roger Ver was one of the first investors in Bitcoin startups and financially helped several projects such as Blockchain. info and BitPay.
Roger first met Bitcoin while listening to the radio program. Later, when dealing with media representatives, Roger Ver said that he had not left his house for more than 7 days after that and was looking for any available information about this cryptocurrency. At that moment Roger realized that this virtual currency is the best form of financial resources that ever existed in the world. The desire to gain knowledge about Bitcoin led to a lack of sleep, because of which Roger Ver’s friend had to take the young entrepreneur to the hospital.
The entrepreneur has invested his own funds in a huge number of different projects related to Bitcoin virtual currency, including Blockchain. info, BitPay, Ripple and many others. Roger Ver’s total financial investment was approximately $1 million.
Communicating with media representatives, Roger Ver said that Bitcoin will meet many obstacles on its path, but it will be able to improve the quality of all people’s lives in the world. He also added that he does not care enough about short-term changes in the rate of this virtual currency.

Andreas Antonopoulos — Bitcoin Guru

https://preview.redd.it/jb2at1ey1dm31.jpg?width=722&format=pjpg&auto=webp&s=8eacbcfeda54dbdac4fa7159ec9c6b6b9db36a9d

Andreas Antonopoulos is one of the world’s most famous Bitcoin and blockchain experts. He is a very popular speaker and he is interested not only in the investment side of technology, but also in the educational, political, cultural and human components.
In 2014, Andreas was invited to the post of lecturer at the University of Nicosia, the first university in the world, where people can receive a master’s degree in digital currencies. Today Antonopoulos works in the Committee for Supervision of Bitcoin on the Chicago Mercantile Exchange. Today Antonopoulos works the Oversight Committee for the Bitcoin Reference Rate at the Chicago Mercantile Exchange.
Andreas has published many famous bestsellers about cryptocurrency. In particular, in 2014, Antonopoulos wrote the book “Mastering Bitcoin”.
Andreas emphasizes that he is not very interested in the spread of Bitcoin in developed Western countries. He is more fascinated by the idea that you can use Bitcoin in Kenya, Lagos or Nigeria with an old Nokia, and people who have never had access to banking services will be able to join the global economy this way.

Winklevoss brothers — the first Bitcoin billionaires

https://preview.redd.it/hqtmc7w02dm31.jpg?width=1140&format=pjpg&auto=webp&s=b040bc864281973444df43b19aaf843d2c08eb64
The first in the world billionaires who earned a fortune on Bitcoins were American twin brothers Cameron and Taylor Winklevoss. The state of the brothers is estimated at 100 thousand Bitcoins, which is equivalent to 1.17 billion dollars.
Well-known entrepreneurs and Bitcoin-enthusiasts, the Winklevoss brothers build two Bitcoin companies and own 1% of all Bitcoins already mined. As said Tyler Winklevoss, “We eat, sleep, breathe Bitcoin.”
Winklevoss deliberately do not sell cryptocurrency, indicating the long-term investment. Bitcoin they call the “improved version of gold”.

There are many amazing people in the Crypto World and we will keep telling you about the most vivid and interesting ones. Some have distinguished themselves by contributing to the development of the industry, others have managed to make good money and promote blockchain technology. Without these people, we would never know about such great innovations as blockchain and cryptocurrency, which is the future of our world.

Feel free to follow our updates and news on Twitter, Facebook, Telegram and BitcoinTalk. Read what the customers say about SimpleSwap on Trustpilot. Don’t hesitate to contact us with any questions you may have via [[email protected]](mailto:[email protected]).
submitted by SimpleSwapExchange to ethtrader [link] [comments]

Significant people of The Crypto World

The cryptocurrency and blockchain spheres are less than 10 years old, but in this industry, thanks to the incredible speed of change, there are already “people-legends” that nobody knew about yesterday, and tomorrow the whole world will speak.In this article, we will continue our acquaintance with crypto geniuses, which would eventually become more and more.So who are the great minds of the virtual world?

Brock Pierce — from gamer to millionaire

https://preview.redd.it/iv2hqlopzrl31.jpg?width=960&format=pjpg&auto=webp&s=af75f42cee1fb10f6ce24813f3109232a075d829
Brock Pierce met cryptocurrencies through entertainment. In the 2000s, Pierce, being an avid gamer, founded one of the largest gaming companies selling virtual assets. Involvement in virtual currencies led Pierce into the world of the blockchain at the very beginning. He was fascinated by the potential of Bitcoin, so he decided to leave the gaming industry and start looking for, founding and financing cryptocurrency companies — Mastercoin, Blockchain Capital, Coinbase, Ethereum, Tether, Bitfury and now Block.one. Brock donated $1 billion to a decentralized autonomous community, which is created on the basis of the EOS platform.

Preethi Kasireddy — An engineer with a big heart

https://preview.redd.it/2g97la2tzrl31.jpg?width=1280&format=pjpg&auto=webp&s=6813f4b926bccd930dd11a32d4844a9f0a0aceca
Meet Preethi Kasireddy — blockchain engineer and former associate of CoinBase, Goldman Sachs and Andreessen Horowitz. In 2012, Preethi graduated from the University of Southern California, gaining knowledge in the field of industrial and system engineering. Today, Preethi Kasireddy, as the founder and CEO of TruStory, is creating a company that introduces and develops blockchain technologies. In her free time, Preethi does volunteer work. For example, Preethi was actively helping to raise funds in Los Angeles to educate low-income children in India. Also, she teaches a full course “WEB development for schoolchildren”. Preethi says she lives and breathes the idea of ​​a crypto.

Roger Ver — “Bitcoin Jesus”

https://preview.redd.it/0ompex8vzrl31.jpg?width=4000&format=pjpg&auto=webp&s=a2140091e53728136c9c9e4672e034cb735d83ec
Roger Ver was one of the first investors in Bitcoin startups and financially helped several projects such as Blockchain.info and BitPay.
Roger first met Bitcoin while listening to the radio program. Later, when dealing with media representatives, Roger Ver said that he had not left his house for more than 7 days after that and was looking for any available information about this cryptocurrency. At that moment Roger realized that this virtual currency is the best form of financial resources that ever existed in the world. The desire to gain knowledge about Bitcoin led to a lack of sleep, because of which Roger Ver’s friend had to take the young entrepreneur to the hospital.
The entrepreneur has invested his own funds in a huge number of different projects related to Bitcoin virtual currency, including Blockchain.info, BitPay, Ripple and many others. Roger Ver’s total financial investment was approximately $1 million.
Communicating with media representatives, Roger Ver said that Bitcoin will meet many obstacles on its path, but it will be able to improve the quality of all people’s lives in the world. He also added that he does not care enough about short-term changes in the rate of this virtual currency.

Andreas Antonopoulos — Bitcoin Guru

https://preview.redd.it/djpi38yyzrl31.jpg?width=722&format=pjpg&auto=webp&s=b76f8a39296daf1f9fcc0892fbbba0adc72350ab
Andreas Antonopoulos is one of the world’s most famous Bitcoin and blockchain experts. He is a very popular speaker and he is interested not only in the investment side of technology, but also in the educational, political, cultural and human components.
In 2014, Andreas was invited to the post of lecturer at the University of Nicosia, the first university in the world, where people can receive a master’s degree in digital currencies. Today Antonopoulos works in the Committee for Supervision of Bitcoin on the Chicago Mercantile Exchange.Today Antonopoulos works the Oversight Committee for the Bitcoin Reference Rate at the Chicago Mercantile Exchange.
Andreas has published many famous bestsellers about cryptocurrency. In particular, in 2014, Antonopoulos wrote the book “Mastering Bitcoin”.
Andreas emphasizes that he is not very interested in the spread of Bitcoin in developed Western countries. He is more fascinated by the idea that you can use Bitcoin in Kenya, Lagos or Nigeria with an old Nokia, and people who have never had access to banking services will be able to join the global economy this way.

Winklevoss brothers — the first Bitcoin billionaires

https://preview.redd.it/ld93kqo20sl31.jpg?width=1140&format=pjpg&auto=webp&s=15874723d1c67e5166aab9a83571b4b261f67b1f
The first in the world billionaires who earned a fortune on Bitcoins were American twin brothers Cameron and Taylor Winklevoss. The state of the brothers is estimated at 100 thousand Bitcoins, which is equivalent to 1.17 billion dollars.
Well-known entrepreneurs and Bitcoin-enthusiasts, the Winklevoss brothers build two Bitcoin companies and own 1% of all Bitcoins already mined. As said Tyler Winklevoss, “We eat, sleep, breathe Bitcoin.”
Winklevoss deliberately do not sell cryptocurrency, indicating the long-term investment. Bitcoin they call the “improved version of gold”.

There are many amazing people in the Crypto World and we will keep telling you about the most vivid and interesting ones. Some have distinguished themselves by contributing to the development of the industry, others have managed to make good money and promote blockchain technology. Without these people, we would never know about such great innovations as blockchain and cryptocurrency, which is the future of our world.


Feel free to follow our updates and news on Twitter, Facebook, Telegram and BitcoinTalk. Read what the customers say about SimpleSwap on Trustpilot. Don’t hesitate to contact us with any questions you may have via [[email protected]](mailto:[email protected]).
submitted by SimpleSwapExchange to Crypto_General [link] [comments]

Significant people of The Crypto World

The cryptocurrency and blockchain spheres are less than 10 years old, but in this industry, thanks to the incredible speed of change, there are already “people-legends” that nobody knew about yesterday, and tomorrow the whole world will speak.
In this article, we will continue our acquaintance with crypto geniuses, which would eventually become more and more.
So who are the great minds of the virtual world?

Brock Pierce — from gamer to millionaire

Brock Pierce met cryptocurrencies through entertainment. In the 2000s, Pierce, being an avid gamer, founded one of the largest gaming companies selling virtual assets. Involvement in virtual currencies led Pierce into the world of the blockchain at the very beginning. He was fascinated by the potential of Bitcoin, so he decided to leave the gaming industry and start looking for, founding and financing cryptocurrency companies — Mastercoin, Blockchain Capital, Coinbase, Ethereum, Tether, Bitfury and now Block. one. Brock donated $1 billion to a decentralized autonomous community, which is created on the basis of the EOS platform.

Preethi Kasireddy — An engineer with a big heart

Meet Preethi Kasireddy — blockchain engineer and former associate of CoinBase, Goldman Sachs and Andreessen Horowitz. In 2012, Preethi graduated from the University of Southern California, gaining knowledge in the field of industrial and system engineering. Today, Preethi Kasireddy, as the founder and CEO of TruStory, is creating a company that introduces and develops blockchain technologies. In her free time, Preethi does volunteer work. For example, Preethi was actively helping to raise funds in Los Angeles to educate low-income children in India. Also, she teaches a full course “WEB development for schoolchildren”. Preethi says she lives and breathes the idea of ​​a crypto.

Roger Ver — “Bitcoin Jesus”

Roger Ver was one of the first investors in Bitcoin startups and financially helped several projects such as Blockchain. info and BitPay.
Roger first met Bitcoin while listening to the radio program. Later, when dealing with media representatives, Roger Ver said that he had not left his house for more than 7 days after that and was looking for any available information about this cryptocurrency. At that moment Roger realized that this virtual currency is the best form of financial resources that ever existed in the world. The desire to gain knowledge about Bitcoin led to a lack of sleep, because of which Roger Ver’s friend had to take the young entrepreneur to the hospital.
The entrepreneur has invested his own funds in a huge number of different projects related to Bitcoin virtual currency, including Blockchain. info, BitPay, Ripple and many others. Roger Ver’s total financial investment was approximately $1 million.
Communicating with media representatives, Roger Ver said that Bitcoin will meet many obstacles on its path, but it will be able to improve the quality of all people’s lives in the world. He also added that he does not care enough about short-term changes in the rate of this virtual currency.

Andreas Antonopoulos — Bitcoin Guru

Andreas Antonopoulos is one of the world’s most famous Bitcoin and blockchain experts. He is a very popular speaker and he is interested not only in the investment side of technology, but also in the educational, political, cultural and human components.
In 2014, Andreas was invited to the post of lecturer at the University of Nicosia, the first university in the world, where people can receive a master’s degree in digital currencies. Today Antonopoulos works in the Committee for Supervision of Bitcoin on the Chicago Mercantile Exchange. Today Antonopoulos works the Oversight Committee for the Bitcoin Reference Rate at the Chicago Mercantile Exchange.
Andreas has published many famous bestsellers about cryptocurrency. In particular, in 2014, Antonopoulos wrote the book “Mastering Bitcoin”.
Andreas emphasizes that he is not very interested in the spread of Bitcoin in developed Western countries. He is more fascinated by the idea that you can use Bitcoin in Kenya, Lagos or Nigeria with an old Nokia, and people who have never had access to banking services will be able to join the global economy this way.

Winklevoss brothers — the first Bitcoin billionaires

The first in the world billionaires who earned a fortune on Bitcoins were American twin brothers Cameron and Taylor Winklevoss. The state of the brothers is estimated at 100 thousand Bitcoins, which is equivalent to 1.17 billion dollars.
Well-known entrepreneurs and Bitcoin-enthusiasts, the Winklevoss brothers build two Bitcoin companies and own 1% of all Bitcoins already mined. As said Tyler Winklevoss, “We eat, sleep, breathe Bitcoin.”
Winklevoss deliberately do not sell cryptocurrency, indicating the long-term investment. Bitcoin they call the “improved version of gold”.

There are many amazing people in the Crypto World and we will keep telling you about the most vivid and interesting ones. Some have distinguished themselves by contributing to the development of the industry, others have managed to make good money and promote blockchain technology. Without these people, we would never know about such great innovations as blockchain and cryptocurrency, which is the future of our world.


Feel free to follow our updates and news on Twitter, Facebook, Telegram and BitcoinTalk. Read what the customers say about SimpleSwap on Trustpilot. Don’t hesitate to contact us with any questions you may have via [[email protected]](mailto:[email protected]).
submitted by SimpleSwapExchange to CoinBase [link] [comments]

List of Scott's most influential twitter followers

It seems like Scott/SSC has gotten much more mainstream recognition over the past year, so I was curious to know who the most influential SSC readers are now. Using twitter follower data for this isn't perfect (follower count is not a perfect proxy for influence, not all SSC readers follow the twitter account, etc.), but it's the best I could think of and I figured it would be a fun exercise regardless.
As an aside, a few interesting stats I learned about Scott's twitter followers (scraped on 12/30/17):
  1. Scott is followed by exactly two members of Congress: Justin Amash (Republican) and Jim Himes (Democrat)
  2. Scott has 351 bluecheck followers
  3. Of the top 100 most-followed followers, the gender breakdown (by my count) is 82 men vs 8 women (along with 10 organization or anonymous accounts). Among the top 50, it's 43 men and 1 woman (Liv Boeree)
  4. 385 followers (2% of the total) have bios including either "bitcoin", "ethereum", "crypto" or "blockchain"
  5. There are 67 followers whose bios include either "@Google", "@ Google", "at Google", or "Googler"
Note: When constructing the top 100 below, I excluded accounts that had extremely large Following counts, since I wanted the list to just consist of (likely) actual SSC readers. My exact rule was to exclude any account that follows >20K, include any that follows <10K, and include accounts in the 10K-20K range iff their following/follower ratio was less than 10% (this last condition was mostly just because I wanted to keep @pmarca on the list).
Anyway, below is the top 100. I also constructed lists for Eliezer, Robin Hanson, and gwern, and I can post those in the comments if anyone's interested.
Ranking Twitter Name Full Name Bio Bluecheck Follower Count Following Count
1 @NateSilver538 Nate Silver Editor-in-Chief, @FiveThirtyEight. Author, The Signal and the Noise (http://amzn.to/QdyFYV). Sports/politics/food geek. 1 2860782 1051
2 @ezraklein Ezra Klein Founder and editor-at-large, http://Vox.com. Come work with us! http://bit.ly/1ToAmQ8 1 2277052 1112
3 @timoreilly Tim O'Reilly Founder and CEO, O'Reilly Media. Watching the alpha geeks, sharing their stories, helping the future unfold. 1 1988716 1829
4 @paulg Paul Graham 1 1066366 322
5 @SamHarrisOrg Sam Harris Author of The End of Faith, The Moral Landscape, Waking Up, and other bestselling books published in over 20 languages. Host of the Waking Up… 1 974855 229
6 @techreview MIT Tech Review MIT Technology Review equips its audiences with the intelligence to understand a world shaped by technology. 1 794095 3367
7 @pmarca Marc Andreessen 1 672740 16319
8 @cdixon Chris Dixon programming, philosophy, history, internet, startups, investing 1 572260 3320
9 @RealTimeWWII WW2 Tweets from 1939 I livetweet the 2nd World War, as it happened on this day in 1939 & for 6 years to come (2nd time around). Created by Alwyn Collinson,… 0 516803 459
10 @VitalikButerin Vitalik Buterin See https://about.me/vitalik_buterin 1 458582 154
11 @Tribeca Tribeca Great stories from the greatest storytellers. 1 409581 18678
12 @bhorowitz Ben Horowitz Author of Ben's Blog (http://www.bhorowitz.com) and HarperBusiness book, THE HARD THING ABOUT HARD THINGS http://www.amazon.com/Hard-Thing-About-Things-Building-ebook/dp/B00DQ845EA/ref=sr_1_1… 1 405820 255
13 @mattyglesias Matthew Yglesias Fake news. Bad takes. Dad jokes. We’re actually on the Bad Place. 1 372341 754
14 @naval Naval Present. 0 339469 478
15 @SwiftOnSecurity SwiftOnSecurity I make stupid jokes, talk systems security, https://DecentSecurity.com + http://GotPhish.com, write Scifi, sysadmin, & use Oxford commas. Sprezzatura. 0 211672 7530
16 @alexismadrigal Alexis C. Madrigal staff writer @TheAtlantic in the real world, these just people with ideas Mexican, Oakland, Earthseed 1 203540 5682
17 @ScottAdamsSays Scott Adams Win Bigly: http://amzn.to/2myAGon 1 202042 788
18 @Khanoisseur Adam Khan Majordomo; Stuff at @Google @Twitter @SpaceX @Apple Exposing Trump https://www.gofundme.com/VolunteerJournalism… *Turn notifications on for breaking Trump… 0 183964 9359
19 @felixsalmon Felix Salmon Host and editor, Cause & Effect 1 180414 1832
20 @fmanjoo Farhad Manjoo (feat. Drake) NYT. DMs are open. signal: 4156836738. [email protected]. Instagram/Snapchat: fmanjoo 1 167592 4095
21 @VsauceTwo Vsauce2 Being Human. personal twitter: @kevleeb 0 151795 279
22 @russian_market Russian Market Swiss Financial Blogger. In Bitcoin we trust. 1 148866 939
23 @AaronDayAtlas Aaron Day CEO @Salucorp, Chairman @stark_360. #entrepreneur #btc #blockchain #healthcare #paleo #tech #dad Former candidate for #USSenate #ENTJ 0 133389 2075
24 @justinamash Justin Amash I defend #liberty and explain every vote at http://facebook.com/justinamash • 'Laws must be general, equal, and certain.' —F.A. Hayek 1 131997 5376
25 @Liv_Boeree Liv Boeree Poker player & Team Pokerstars Pro. Physics creature. Aspiring rationalist. Mountain goat. [email protected] 1 125366 451
26 @MaxCRoser Max Roser Researcher @UniOfOxford – Follow me for data visualizations of long-term trends of living standards – mostly from my web publication: http://www.OurWorldinData.org 1 114045 583
27 @Jonathan_Blow Jonathan Blow Game designer of Braid and The Witness. Partner in IndieFund. 0 112827 68
28 @andrewchen Andrew Chen Growth: @uber. Writer: http://andrewchen.co. Plus one: @briannekimmel 0 111077 6288
29 @charlescwcooke Charles C. W. Cooke Editor of National Review Online. Classical liberal. Immigrant. Jack’s Dad. Wino. ‘The American is the Englishman left to himself.’ 1 110071 872
30 @AlanEyre1 Alan Eyre Diplomat, U.S. State Dept, Energy Resources Bureau. Middle East/Asia Energy; ایران. RT doesn't =endorsement; 'likes' don't necessarily=likes, often… 1 106947 3514
31 @karpathy Andrej Karpathy Director of AI at Tesla. Previously a Research Scientist at OpenAI, and CS PhD student at Stanford. I like to train Deep Neural Nets on large datasets. 1 106643 445
32 @JamesADamore James Damore Nerd centrist interested in open discussions and improving the world by fixing perverse incentive structures. Author of the pro-diversity … 1 94580 210
33 @SherwoodStrauss Ethan Strauss Podcasting 1 88258 1204
34 @james_clear James Clear Author, weightlifter and travel photographer in 25+ countries. Over 400,000 people subscribe to my weekly newsletter on how to build better habits. 1 87968 218
35 @nk from the future Wealth and personal achievement expert 0 81712 591
36 @benthompson Ben Thompson AuthoFounder of @stratechery. Host of @exponentfm. @notechben for sports. @monkbent on other networks. Home on the Internet. 1 78746 1267
37 @matthewherper Matthew Herper Forbes reporter covering science and medicine 1 78698 2111
38 @JeremyCMorgan Jeremy Morgan Tech Blogger, Hacker, Pluralsight Author, and Volunteer Firefighter. Once held the world record for being the youngest person alive 0 78601 7365
39 @balajis Balaji S. Srinivasan CEO (http://Earn.com) and Board Partner (@a16z). I hear this Bitcoin thing might be kind of a big deal. You can reach me at http://earn.com/balajis. 1 70707 2936
40 @patrickc Patrick Collison Fallibilist, optimist. Stripe CEO. 1 68709 1875
41 @matthew_d_green Matthew Green I teach cryptography at Johns Hopkins. 0 68434 594
42 @delong Brad DeLong 🖖🏻 I'm trying to be smart, knowledgable, funny, and well-wishing. You try too--at least 2 of 4. Low volume: 1+ per day... 0 67968 1578
43 @flantz Frank Lantz game designer 0 66090 278
44 @MYSTIQUEWEST MYSTIQUE NYC The Mystique Gentlemen’s Strip Club offers the best in adult entertainment in New York City. With unique stage design, full bars and the most beautiful dancers. 0 64881 332
45 @AceofSpadesHQ TheOne&OnlyExpert I'm not #TheExpert, or the expert parodying #TheExpert. I'm the real expert. 0 64872 1464
46 @btaylor Bret Taylor President, Chief Product Officer of @Salesforce. Previously CEO Quip, CTO Facebook, CEO FriendFeed, co-creator Google Maps. Stanford fan, @Twitter… 1 64829 687
47 @wycats Yehuda Katz Tilde Co-Founder, OSS enthusiast and world traveler. 1 63933 849
48 @jahimes Jim Himes Connecticut Congressman. Reader. Runner. Swimmer. And I make maple syrup. 1 62820 411
49 @abnormalreturns Tadas Viskanta Financial Educator, Author and Editor of Abnormal Returns. 0 61693 413
50 @BrendanNyhan Brendan Nyhan @Dartmouth political science professor, @UpshotNYT contributor, and @BrightLineWatch co-organizer. Before: @CJR / Spinsanity / All the President'… 1 61508 6149
51 @matt_levine Matt Levine da, wo Menschen arbeiten, wird es immer Fehler geben 1 61314 990
52 @BretWeinstein Bret Weinstein Professor in Exile If we don't harness evolution, it will harness us. 1 61049 536
53 @gaberivera Gabe Rivera Blame me for @Techmeme and @mediagazer. Nicer than my tweets. Often sarcastic. DMs are open. 2+2â‰5. Retweets are endorphins. 1 59927 5599
54 @SarahTheHaider Sarah Haider Promotes free-speech, human rights, liberalism, atheism. Director of Outreach,Ex-Muslims of North America. Pakistani by birth, American by… 0 59574 292
55 @TheInfinite_T ✨Infinite_T✨ NSFW Send GoogleWallet to [email protected] pls send all your tokens to http://mfc.im/infinite_t/t Wishlist: http://a.co/8taURYD 0 59061 645
56 @cblatts Chris Blattman Political economist studying conflict, crime, and poverty, and @UChicago Professor @HarrisPolicy and @PearsonInst. I blog at … 0 57670 2445
57 @jamestaranto James Taranto Editorial Features Editor, in charge of @WSJ op-ed pages. Best of the Web columnist 2000-17. 1 56733 174
58 @nitashatiku Nitasha Tiku Senior writer @Wired covering Silicon Valley [email protected], DM for Signal 1 56133 4327
59 @DKThomp Derek Thompson Writer at @TheAtlantic. Author of HIT MAKERS. Talker on NPR's @hereandnow. Economics of work and play. derek[at]theatlantic[dot]com 1 53387 1116
60 @aliamjadrizvi Ali A. Rizvi Pakistani-Canadian author of The Atheist Muslim (SMP/Macmillan). Amazon order link below. Co-host of @SecularJihadist podcast. Contact:… 1 52806 784
61 @RameshPonnuru Ramesh Ponnuru @NRO, @BV, @AEI, @CBS. Husband of @aprilponnuru. 1 51721 613
62 @JYuter Rabbi Josh Yuter "For my thoughts are not your thoughts, neither are your ways my ways" Is. 55:8. Jewish stuff + bad jokes. All opinions subject to change. 1 50731 2599
63 @meganphelps Megan Phelps-Roper “You're just a human being, my dear, sweet child.” Speaking requests: [email protected] Contact: [email protected] 1 49678 792
64 @albertwenger Albert Wenger VC at http://usv.com 1 49107 1794
65 @paulbloomatyale Paul Bloom Psychologist who studies and writes about human nature—including morality, pleasure, and religion 1 48579 391
66 @conor64 Conor Friedersdorf Staff writer at The Atlantic, founding editor of The Best of Journalism–subscribe here: https://www.ponyexpress.io/subscribe/thebestofjournalism… 1 46977 1405
67 @EricRWeinstein Eric Weinstein Managing director @ Thiel Capital. Some assembly required. Spelling not included. May contain math. Tweets are my own. 1 46263 850
68 @adamdangelo Adam D'Angelo CEO of Quora 1 45545 526
69 @robbystarbuck Robby Starbuck Director + Producer + Founder at RSM Creative - Husband to @imatriarch - Dad to 3 Kids + 2 Dogs - Futurist - Cuban American - Fan of Civilized Debate 1 45308 1842
70 @clairlemon Claire Lehmann Principle before affiliation. Founder, editor http://quillette.com. Contact me at http://earn.com/clairelehmann 1 45305 2000
71 @tombennett71 Tom Bennett Director of researchED- https://researched.org.uk Chair of @educationgovuk Behaviour group. Free training available here http://www.tombennetttraining.co.uk 1 43859 3698
72 @m2jr Mike Maples The woods are lovely, dark and deep, But I have promises to keep,And miles to go before I sleep,And miles to go before I sleep.-Robert Frost 0 43629 3915
73 @DavidDidau David Didau Education writer and speaker. Ginger. #PsychBook OUT NOW! https://goo.gl/xyDIjO; #WrongBook still available: http://amzn.to/1Opyach 0 43531 1092
74 @ByronTau Byron Tau congress et al. for @wsj. interested in law, lobbying, nat'l security, investigations, gov't ethics and . contact me securely: http://bit.ly/2s2HTfG 1 43026 2699
75 @MichaelKitces MichaelKitces One nerd’s perspective on the financial planning world… CFP, #LifelongLearner, Entrepreneur-In-Denial, Advisor #FinTech, & publisher of the Nerd’s Eye View blog 1 42304 459
76 @rahulkapil Rahul Kapil Come to observe. Stay to play. 0 41987 975
77 @michaelbatnick Irrelevant Investor Long-distance reader 0 41620 1076
78 @yegg Gabriel Weinberg CEO & Founder, @DuckDuckGo. Co-author, Traction. I want to publish zines and rage against machines. DM for Signal. 1 39470 151
79 @Jesse_Livermore Jesse Livermore Trader, Speculator, Bucketeer 0 39190 4459
80 @iconominet ICONOMI Digital Assets Management Platform for the Decentralised Economy 0 39030 1942
81 @IKucukparlak İlker Küçükparlak Psikiyatrist http://ihtisastramvayi.com 0 38018 757
82 @vdare Virginia Dare The Twitter account for the editors of VDARE. Featured at the 2016 Republican National Convention 0 37723 4429
83 @juliagalef Julia Galef SF-based writer & speaker focused on reasoning, judgment, and the future of humanity. Host of the Rationally Speaking podcast (@rspodcast) 1 37530 340
84 @nicknotned Nick Denton Internet publisher 1 36708 2524
85 @JeremyMcLellan Jeremy McLellan Standup Comedian, Papist-in-training, biryani extremist, alleged member of the Muslim Cousinhood, US ambassador to the Pindi Boyz, spy pigeon trainer 1 36253 1538
86 @collision John Collison Co-founder of @stripe. 0 35995 1290
87 @narcissawright ♕ Narcissa fledgling seer 1 35375 1266
88 @panzer Matthew Panzarino Editor-in-Chief, TechCrunch. Telecom stories killed: 0. PGP Key https://keybase.io/panzer 1 35162 2902
89 @EconTalker Russell Roberts How Adam Smith Can Change Your Life (http://amzn.to/1o72lYh), EconTalk host, econ novelist, co-creator of Keynes/Hayek rap videos, http://www.wonderfulloaf.org/ 0 34611 669
90 @nktpnd Ankit Panda Senior Editor @Diplomat_APAC in NYC. Thinking/writing/speaking on global security, politics, and economics. Via @WilsonSchool. Views mine & RTâ‰â€¦ 1 34041 995
91 @Official_Quame Kwame A. A Opoku Futurist• Global Business Speaker, Founder @fobaglobal, @wefestafrica, @ideafactorylive • CEO Mary&Mary LLC • Entrepreneur • Tedx Speaker •Influencer 0 33924 3526
92 @dylanmatt Dylan Matthews I know, I know, I don't like me either. Retweets are proposals of marriage. 1 33262 5579
93 @Jonnymagic00 Jon Finkel I'm a magic player who also manages a hedge fund. http://en.wikipedia.org/wiki/Jon_Finkel 0 33234 284
94 @Heminator Mark Hemingway "After all these years of professional experience, why can’t I write good?" Senior Writer @WeeklyStandard. Husband of @MZHemingway. 1 33034 4877
95 @sweenzor Onson Sweemey 0 32044 5288
96 @PhilosophersEye Philosopher's Eye Philosophy updates, pop culture, fun stuff, and links to resources from the Wiley Blackwell Philosophy Team. 0 31931 6503
97 @VladZamfir Vlad Zamfir Absurdist, troll. 0 31764 418
98 @m_clem Michael Clemens Fellow @[email protected]_bonn. My views only. Assoc. Editor @JPopEcon & @WorldDevJournal. Author of @WallsofNations, coming in 2018.… 1 31746 3650
99 @RudyHavenstein Rudolf E. Havenstein ReichsBank®President 1908-1923; Central Bank consultant. 'My way of joking is to tell the truth' - GB Shaw. Tweets solely for my own amusemen… 0 31115 1293
100 @tikhon Tikhon Bernstam CEO & Founder of Parse (YC S'11, acquired by Facebook for $85M in 2013). Founder @Scribd (YC S'06). @ycombinator alum. 0 31030 5184
submitted by disumbrationist to slatestarcodex [link] [comments]

The truth behind Ripple and XRP.

Cryptocurrency is hot right now and according to many in Cryptoland, prices will skyrocket 'to the moon'. It went so well for XRP that it even surpassed ETH. It was therefore the best performing crypto of 2017, with an increase of 36,000%. But if you're being critical, you should wonder whether this increase is justified.
In the first four years of Ripple's existence, she received a total of $ 93.6 million from, among others, Andreessen Horowitz, Google Ventures and VCs. These companies usually invest in companies such as Uber or Facebook. It seems that they see potential in Ripple, the question is only: why?
Ripple has certainly proven herself in her early history. Ripple also works with more than 100 different financial institutions today. Everything at Ripple seems perfect at first glance, but this is not the case, and there's two reasons for that:
If we think of Ripple, we often think of the cryptocoin XRP. Nothing is less true though, because Ripple is completely separate from XRP, which often causes confusion. Ripple has created its own crypto coin - XRP - in order to be able to deliver products (more easily) to its customers.
Ripple is a company. Ripple gives banks the opportunity to send money (cheaper and with less risk) across borders. Ripple uses the Ripple network for this, as well as the Ripple blockchain, but not XRP.
In addition, they help banks to improve liquidity when trading in the emerging markets. This is the only Ripple product that actually uses XRP. There is a new product on schedule for 2018, but this will also not use the XRP token.
Ripple currently cooperates with over a 100 companies. They all make use of the opportunity to transfer money from A to B cheaper and therefore no XRP is needed. Only ONE cooperation partner uses XRP.
This means that all the good news that caused people to buy XRP is actually completely unrelated to XRP, because it the news has to do with Ripple as a company. For Ripple, it does not matter which product the customer purchases.
What Ripple actually does as a company is to improve the banking sector. And Ripple is not the only company that deals with this.
When investing in cryptocurrencies, it is always important to look at the degree of disruption. This means: can this product also be put on the market without the use of a blockchain or cryptotics? With Ripple this is possible, which means that the degree of disruption is relatively low. Bitcoin is a disruptor. Without the blockchain technology, Peer-2-Peer transactions were not possible.
The R3 consortium does exactly the same as ripple. In total, 70 of the largest banks in the world are busy optimizing the movement of money from A to B. The reason you probably did not hear about this, is because they effectuate this without the use of cryptocurreny.
The well-known SWIFT transactions are in fact nothing more than what Ripple does. When they start their own blockchain they can basically sweep Ripple off the map.
When we consider all this, the recent increase in demand for Ripple tokens seems unjustified. The only one who has become particularly rich in the price increase is the company itself. Despite this, we receive daily questions on this subreddit about purchasing XRP.
I'm not saying that you shouldn't invest in XRP. Just, please, don't follow the masses blindly but do your own research before you invest in XRP.
submitted by lamedudese to Ripple [link] [comments]

The Future Of Blockchain: Fintech 50 2019

The Future Of Blockchain: Fintech 50 2019
As the price of bitcoin collapsed last year from a high of $19,000 to less than $4,000, skepticism fell over many other applications of blockchain, the technology that powers most cryptocurrencies by recording transactions without a central authority.
Much of the hype surrounding promises that sounded too good to be true is dissipating as reality and regulations set in. What remains however, are proven teams, flush with cash from mainstream investors, and increasingly, actual revenue.
Going forward, the blockchain selections from this year’s Forbes Fintech 50 2019 picks will undoubtedly form some unusual alliances as they evolve past competing against other blockchain startups, to competing in mainstream finance against long-established players.
Axoni co-fonders Greg and Jeff Schvey.AXONI
Axoni
New York City
Using blockchain-based smart contracts to overhaul the back office of the world’s biggest derivative markets. Its distributed ledger will allow counterparties to see payments, calculations and other vital trade information in real time, improving efficiency and lowering risk. Already partnering with world’s biggest banks and financial intermediaries.
Funding: $59 million from Goldman Sachs, JPMorgan and others
Bona fides: It is currently putting the $10 trillion credit derivative market onto smart contracts working with DTCC and a steering committee of 15 of world’s biggest banks. It’s already settling foreign exchange trades using the blockchain.
Cofounders: CEO Greg Schvey, 32 and CTO Jeff Schvey, 33. The brothers also cofounded TradeBlock, which provides institutional trading tools for cryptocurrency

Bitfury CEO Valery VavilovBITFURY
Bitfury
Amsterdam
This full-service blockchain firm expanded from its roots providing bitcoin mining hardware to launch its own blockchain, plus software designed to help U.S. law-enforcement and others investigate illicit activity using bitcoin.
Funding: More than $150 million from Korelya Capital, Macquarie Capital, Dentsu & others.
Latest valuation: $1 billion plus
Bona fides: $500 million in revenue in 2018
Cofounder & CEO: Valery Vavilov, 39, a Latvian-trained computer scientist.

Circle co-founders Sean Neville and Jeremy AllaireCIRCLE INTERNET FINANCIAL
Circle
Boston
Crypto finance giant Circle last year entered the exchange business with the purchase of Poloniex and now offers services for cryptocurrency trading, investing and payments. Last October partnered with Coinbase to launch USDC stablecoin — a crypto asset using the Ethereum blockchain and backed by U.S. dollars.
Funding: $246 million from IDG Capital, Bitmain, Breyer Capital, Goldman Sachs and others.
Latest valuation: $3 billion
Bona fides: 8 million customers from more than 100 countries; USDC has a $335 million in recent market value, making it recently among the 20 most valuable cryptos..
Cofounder & CEO: Jeremy Allaire, 47, previously founded publicly traded Brightcove online video platform

Coinbase CEO Brian ArmstrongCOINBASE
Coinbase
San Francisco
Expanding beyond its roots as a bitcoin wallet and retail exchange, Coinbase now offers cryptocurrency custody, professional and institutional trading platforms, and an institutional trading platform. Last year bought Earn.com, a service where users pay in bitcoin to contact experts via email, for a reported $100 million.
Funding: $525 million from Tiger Global Management, Andreessen Horowitz, YC Continuity & others. Latest valuation: $8 billion
Bona fides: The most heavily funded startup in crypto; has opened 25 million wallets for customers.
Cofounder & CEO: Brian Armstrong, 36, whose Coinbase holdings make him a billionaire.

Tyler Winklevoss, chief financial officer and co-founder of Gemini Trust Company LLC, right, and Cameron Winklevoss, chief executive officer and co-founder.© 2016 BLOOMBERG FINANCE LP
Gemini
New York City
Founded by twin brothers Tyler and Cameron Winklevoss, the Gemini cryptocurrency exchange is licensed as a New York trust company, making it a qualified custodian and a fiduciary under New York Law. Now licensed to do business in 49 states, Gemini is leading the fight for an SEC approved bitcoin ETF, and launched the Virtual Commodities Association to promote cryptocurrency industry self-regulation.
Funding: Winklevoss Capital Management, wholly owned by Tyler and Cameron
Bona fides: Employs 200 people and just moved to a new 50,000 square foot office
Cofounder & CEO: Tyler Winklevoss, 37, a former Olympic rower

Brad Garlinghouse, chief executive officer of Ripple Labs Inc.© 2018 BLOOMBERG FINANCE LP
Ripple
San Francisco
Its blockchain based global settlements network aims to replace SWIFT, the interbank messaging platform that has long connected nearly every bank in the world. Ripple has also launched a service that lets companies make cross-border payments in XRP, the cryptocurrency created by its founders, which was recently second to Bitcoin in value.
Funding: $94 million from IDG Capital, SBI Investment, Santander InnoVentures & others.
Latest valuation: $5 billion
Bona fides: 200 RippleNet customers, including Bank of America and American Express
Cofounders: Jed McCaleb, Chris Larsen and Arthur Britto
CEO: Brad Garlinghouse, 48, former president of AOL
For full Forbes Fintech 50 2019 coverage, see:
Full list of the Fintech 50 2019
The Future Of Personal Finance: Fintech 50 2019
The Future Of Lending: Fintech 50 2019
The Future Of Real Estate: Fintech 50 2019
The Future Of Investing: Fintech 50 2019
The Future Of Payments: Fintech 50 2019
The Future Of Wall Street: Fintech 50 2019
Fintech 50 2019: The Newcomers
The 10 Biggest Fintech Companies In America 2019
Ryan Williams, 30, Started A Revolutionary $800M Fintech. But Can He Escape His Kushner-Trump Connection?
A 29-Year-Old Dominican Immigrant Is Teaching Fintech Startups How Real People Relate To Money
This Startup Is Creating A Real-Time Data Map Of The Global Economy. BlackRock And PayPal Are Buying It
submitted by dForceProtocol to u/dForceProtocol [link] [comments]

What’s On Crypto – News Week In Review | April 8th to 16th

32,000 Indians signed a petition against the ban on cryptocurrency. On Thursday, April 5, the central bank of India decided to ban transactions with crypto-currencies: financial institutions are obliged to stop the activity related to crypto-currencies for three months. On the same day, India’s crypto community compiled a petition addressing its central bank and prime minister, calling not to stifle the developing technology, but to create a legislative framework that would allow it to develop and exert a beneficial influence on the country’s economy. To date, more than 32,000 Indians signed a petition on change.org. Authors of the document draw attention to the fact that local crypto-exchange exchanges try to strictly adhere to established norms and many are already strengthening the standards of KYC. Also, the petition mentions the Central Bank’s plan to issue its own cryptocurrency. The protesters noted that the current CEO of Microsoft and Google are of Indian origin and, under a favourable environment, could create local Internet companies, hinting that the next generation of “technical geniuses” could go their way. Similar risks were also appealed to by Chinese crypto-entrepreneur, criticizing the prohibitive policies of his country and saying that China might miss the “new Amazon”.
Earlier, in December, a petition to protest the announced restrictions amounted to the citizens of South Korea, and recently it became known that the Tax Administration, Ministry of Justice and the country’s financial regulators are discussing the possibility to lift the ban on the holding of the ICO. The mayor of Seoul noted, that after “terrible resistance” from the side of society, the government “seriously thought about” possible loosening.
The Shanghai police interrupted the blocking conference. On Thursday, April 12, China had to host the Global Fintech & Blockchain China Summit 2018. However, around noon local time, the police interrupted morning session, ordering all participants and organizers to leave the event. The official reasons for the intervention are currently being specified, but according to the assumptions that appeared in the media and the Chinese social network Weibo, an ICO project was announced in the conference program, the investors of which lost a lot of money. They filed a complaint with the police. The organizing company, PTP International, denied these rumors, saying that the event was in full compliance with Chinese laws: “We are still investigating the reasons for the suspension, and at the moment the police refers to the security threat. We are thinking about possible compensation for the participants in the meeting. The conference was held in accordance with the Chinese regulations and did not include any ICO presentations, “PTP International said.
The Golem computing platform has launched the core network. Golem, who collected 820,000 airs during the ICO in 2016 ($ 8.2 million at that time and about $ 340 million today), two years later presented a beta version of the main network, which in white paper isdescribed as “Copper Golem” – the first phase of the project. In the current format, a service based on the Ethereum block system allows computers to “rent” the unused energy of the CPU and create computer-generated images (CGIs) using the Blender software (including animation, visual effects, interactive 3D applications and video games). The interface directly associated with Blender allows you to purchase processing power for the Golem-GNT token.
This release of the “Copper Golem” is designed to test the work of technology in real market conditions for real money. Golem software connects the providers of computing power with “customers” and sends small tasks to the provider, which will later be merged into P2P networks and presented as a single image, explains Golem CEO Julian Zavistovsky. In 2016 Golem represented one of the first generations of Ethereum-applications: “To underestimate the complexity of what we want to create is typical for software development in general, and especially for the blockbuster,” Zavistovsky says, explaining the protracted work on the project. According to white paper, the following, more progressive versions should be “Clay Golem”, “Stone Golem” and “Iron Golem”. Simultaneously with the release of the main network, the team announced the launch of a bounty program that will encourage developers to report on detected bugs.
Gemini launches trading blocks for bitcoin and ether and can introduce a patented system that increases the security of transactions. On Thursday, at 9:30 am North American Eastern Time, the currency exchange, owned by the bitcoin-billionaires of the Winklevoss brothers, launched trading in blocks for the two leading crypto-currencies. The new option is designed primarily for institutional investors: the minimum threshold is 10 bitcoins and 100 airs. Bidding blocks are designed to provide an “additional source of liquidity”, allowing for large transactions outside the main book of orders. Also, due to the new function, buying or selling a large amount of cryptocurrency will not have a significant impact on its rate. As explained in exchange, “any user can place an order, indicating the type of transaction (purchase or sale), the amount, the minimum amount of filling and price limits.” Marketmakers will receive only information about the amount of the transaction, the minimum volume and the upper limit: if they decide to execute the transaction, the block will be filled.
“In accordance with our obligations to maintain fair, transparent and regulated trading, block orders in electronic form will be instantly transferred to participating market makers, which will ensure the best execution of the transaction and setting prices for the participants of the program,” reads the website of the exchange. Also this week, Winklevoss IP, LLC received a patent to create a system that increases the security of transactions. Authors Andrew Laucius, Cem Paya and Eric Wiener describe “software for secure transaction processing in the cloud computing system”. The new development uses a combination of standard cryptographic techniques, including hash functions and digital signatures, and presumably can be applied on the Gemini exchange.
The stakes of Basecoin and Carbon have successfully completed investment rounds. Intangible Labs, the creators of the “steel coin with the algorithmic central bank” Basecoin, collected $ 125 million during the tokenail on the SAFT system from March 22 to April 3 (according to the experts’ assumptions, this particular ICO format recently attracted the SEC’s attention).
The organizers reported to the SEC on attracting this amount from 225 investors. Basecoin intends to avoid the inherent volatility of the crypto currency due to its provision with other digital assets: the oracles will monitor the prices of these assets, and the protocol should regulate the number of tokens so that the price of Basecoin remains stable. In addition to the “basecoins”, the startup is developing “basic bonds” and “basic shares” – crypto-currencies, which will support Basecoin, helping the protocol to manage the “money supply”.
The project is supported by many large funds, including Andreessen Horowitz, Pantera Capital, PolyChain Capital and Digital Currency Group. Coinbase co-founder Fred Ehrsam took Basecoin to significant projects for the ecosystem: “It is obvious to me that the developers of the crypto-industry are interested in … a stable coin, ” Ehrsam said during the Token Summit II in San Francisco. On Thursday the completion of the seed round of funding announced another project of stablcoin is Carbon, which raised $ 2 million from such funds as General Catalyst, Digital Currency Group, FirstMark Capital, Plug and Play Ventures and The Fund. Like Basecoin, Carbon rejects the Tether reinforcement model for Fiat, replacing it with algorithmic monetary policy. “If we create a mechanism that is currently used by the Federal Reserve Bank, but we will make it decentralized, we will not need to trust the central government. We can just trust the code, “explained Carbon co-founder Connor Lin. The Carbon system includes two tokens: the stebblecoin itself, whose price should be $ 1, and a “credit token” that fluctuates in value, offsetting changes in demand. When the price of stebblecoin falls, an auction is held, during which anyone can give his token, thereby reducing the money supply and raising the price, and get a “credit token” instead. Later, when the price rises above $ 1 and the offer increases, holders of “credit tokens” will receive new steebles and this entire process is fully implemented by the algorithm.
Start bitcoin cloud mining
submitted by SwitchKanun to hashflareinfo [link] [comments]

r/monero top submitters and commenters for 2017

Submissions Comments
Total 1000 42612
Rate (per day) 2.75 116.79
Unique Redditors 491 6056
Combined Score 126361 190816

Top Submitters' Top Submissions

  1. 5209 points, 43 submissions: dEBRUYNE_1
    1. [Mandatory Upgrade] Monero 0.11.0.0 "Helium Hydra" Released (354 points, 384 comments)
    2. Monero Compatible Bulletproofs (343 points, 61 comments)
    3. Monero GUI 0.11.1.0 "Helium Hydra" Released (311 points, 178 comments)
    4. A note on fees (228 points, 80 comments)
    5. Monero Core GUI Beta 1 Released (213 points, 145 comments)
    6. The GUI binaries have been finalized! (205 points, 115 comments)
    7. [MANDATORY UPGRADE] Monero 0.10.3.1 "Wolfram Warptangent" Released & Monero GUI Beta 2 Released (190 points, 127 comments)
    8. Monero GUI 0.11.1.0 "Helium Hydra" Megathread - Download links, guide on how to get started, and guides to resolve common issues (missing a transaction / zero balance, freezing / buggy GUI, transaction stuck as pending, and GUI using all bandwidth) (187 points, 189 comments)
    9. [Seeks Funding] Moneromooo full time coding, January-March (179 points, 55 comments)
    10. A small note on second-layer stuff (e.g. side-chains, lightning network) (145 points, 148 comments)
  2. 2430 points, 18 submissions: SamsungGalaxyPlayer
    1. Welcome! If you're new to Monero, please take a few minutes to learn WHY Monero is different :) (313 points, 51 comments)
    2. This is the first time Monero's StackExchange has exceeded 10,000 visitors per day. Congratulations all! This community rules! (268 points, 10 comments)
    3. Disclosure of a Major Bug in CryptoNote-Based Currencies (198 points, 253 comments)
    4. I'm Disappointed (197 points, 278 comments)
    5. Monero Meetup Kit, here we come! (171 points, 21 comments)
    6. Multisig n-1/n Pulled to GitHub for Review (162 points, 33 comments)
    7. Custom Monero Hardware Wallet Updates (136 points, 54 comments)
    8. Put your money where your mouth is (123 points, 74 comments)
    9. An Unofficial Response to "An Empirical Analysis of Linkability in the Monero Blockchain" (122 points, 20 comments)
    10. Update Regarding Minimum Ringsizes (111 points, 75 comments)
  3. 2387 points, 21 submissions: Rehrar
    1. Purism Collaborates with Cryptocurrency Monero to Enable Mobile Payments (330 points, 28 comments)
    2. We up now boiz. (247 points, 74 comments)
    3. New website pretty much done, update in comments. (173 points, 67 comments)
    4. MASSIVE Website Update! (140 points, 52 comments)
    5. Don't like something? Change it. We're not doing something? Do it. Get involved! (139 points, 43 comments)
    6. How to help Monero - Why Monero? (132 points, 16 comments)
    7. ENOUGH with the BTC/BCH debate here! (125 points, 43 comments)
    8. Getmonero.org redesign! Please critique and discuss. (111 points, 81 comments)
    9. How to help Monero (part 2.5) - Rethinking Organization (99 points, 6 comments)
    10. Now that we've taken a breather, let's calmly discuss Wikipedia (99 points, 39 comments)
  4. 1979 points, 7 submissions: cslashm
    1. Ledger Hardware Wallet - Monero integration started (392 points, 135 comments)
    2. Ledger Hardware Wallet - Monero integration : some news #4 (384 points, 155 comments)
    3. Ledger Hardware Wallet - Monero integration : some news (289 points, 67 comments)
    4. Ledger Hardware Wallet - Monero integration : some news #3 (270 points, 65 comments)
    5. Ledger Hardware Wallet - Monero integration : some news #2 (231 points, 58 comments)
    6. Ledger Hardware Wallet - Monero integration : some news #5 (213 points, 102 comments)
    7. Ledger Hardware Wallet - Monero integration protocol and application specification (200 points, 108 comments)
  5. 1857 points, 17 submissions: serhack
    1. Hello world! Mastering Monero is coming soon! (270 points, 114 comments)
    2. Purism can accept Monero (220 points, 36 comments)
    3. Monero Integrations Update #8 (145 points, 81 comments)
    4. Monero Integrations Update #11 (124 points, 29 comments)
    5. Monero Integrations Updates #7 (114 points, 49 comments)
    6. Monero Integrations Update 9 (112 points, 33 comments)
    7. Envato accepted Monero WooCommerce Payment Gateway! (105 points, 17 comments)
    8. Wordpress WooCommerce Extension Released (90 points, 40 comments)
    9. Web Integrations Update: First milestone completed (86 points, 25 comments)
    10. Monero Prestashop Payment Gateway by serhack | CodeCanyon (84 points, 18 comments)
  6. 1568 points, 8 submissions: fluffyponyza
    1. Project Coral Reef: furthering mainstream adoption of Monero (756 points, 224 comments)
    2. Addressing the Monero Enterprise Alliance troll video announcement (156 points, 175 comments)
    3. Yesterday we broke 10gbps serving Monero downloads, mostly to the USA, China, Russia, & Germany (155 points, 19 comments)
    4. My wife exercised her creative flair today, and it's amazing (126 points, 23 comments)
    5. Globee's Secret Project Fundraiser / Marketing Opportunity (116 points, 140 comments)
    6. [Funding Required] Shen Noether, for work on RingCT and multisig (yay) (114 points, 39 comments)
    7. Vegas, baby! (BlackHat, DefCon) (76 points, 35 comments)
    8. fluffypony's March Conference Circuit (Mostly Europe) (69 points, 24 comments)
  7. 1526 points, 13 submissions: Bitcoinfriend
    1. Charlie Lee tells Snowden why Monero is better than Zcash (259 points, 48 comments)
    2. Monero (XMR) Rise to the Top: Banking on Privacy (235 points, 26 comments)
    3. Highly Anonymous Cryptocurrency Monero Peeks Out Of The Shadows (141 points, 8 comments)
    4. All You Need to Know About the Monero Cryptocurrency in Six Minutes (139 points, 8 comments)
    5. 40k Subs, Growth Is Noticabley Speeding Up (132 points, 15 comments)
    6. Vice.com Article About Monero (125 points, 45 comments)
    7. Monero Mentioned In Fortune Article (100 points, 24 comments)
    8. Payza Adds New Cryptocurrencies to Exchange, Including Monero (77 points, 7 comments)
    9. We Just Surpassed Litcoin! (75 points, 22 comments)
    10. Monero Cited 4 times in New Forbes Article (65 points, 23 comments)
  8. 1297 points, 9 submissions: TheFuzzStone
    1. Monero’s Multisignature Implementation Officially Enters Testing Phase (334 points, 38 comments)
    2. A London startup is launching a debit card that lets you spend bitcoin and Monero (284 points, 58 comments)
    3. ┬┴┬┴┤( ͡° ͜ʖ├┬┴┬┴ psst, wanna some mobile wallet? (139 points, 19 comments)
    4. Sup-sup Monteros! One ukrainian exchange want to add Monero! Just put some like under this post. (107 points, 22 comments)
    5. Monerujo update! (100 points, 53 comments)
    6. "Yes, we're almost done with $XMR" (c) Coinomi (97 points, 45 comments)
    7. Happy #hard_fork! (91 points, 37 comments)
    8. News from [Monero_RU Team] (82 points, 8 comments)
    9. News from [Monero_RU] (63 points, 12 comments)
  9. 1256 points, 8 submissions: isrly_eder
    1. Can we take a moment to appreciate the diligence and testing that has gone into our multisig rather than a rushed implementation? (350 points, 63 comments)
    2. It's been 8 months since we lobbied Wikileaks to accept a truly anonymous currency. They accept BTC and LTC and call bitcoin "secure and anonymous" – it's time we let them know they're putting their supporters at risk (246 points, 27 comments)
    3. Can we give a shoutout to Coinhive? They're doing some incredible things to drive monero adoption (159 points, 84 comments)
    4. Reminder that Theresa May and Emanuel Macron want to completely ban end-to-end encryption. It's only a matter of time until they target us (153 points, 51 comments)
    5. More detail on the digital currency panel in U.S. Congress tomorrow, and an introduction to "Safe Harbors" - aka how monero can be regulated without being destroyed (112 points, 32 comments)
    6. [Privacy] Telegram CEO admits that the FBI directly tried to bribe/pressure him. This is why we need decentralization. (110 points, 18 comments)
    7. In 1996, Michael Froomkin wrote an article entitled Flood Control on the Information Ocean: Living With Anonymity, Digital Cash, and Distributed Databases, in which he predicted the issues digital cash would face, and why anonymity is paramount for consumer and constitutional protection (69 points, 9 comments)
    8. Mandatory reading. The corporate data dystopia isn't sci-fi, it's already here. If anyone asks you why monero exists, send them this. (57 points, 4 comments)
  10. 1204 points, 7 submissions: CryptoCurrencyFreak
    1. I wrote this detailed guide on how to buy Monero with fiat. It uses CoinBase and GDAX with minimal fees. Hope it helps! (518 points, 143 comments)
    2. How To Use Monero Anywhere Bitcoin Is Accepted With XMR.to (162 points, 23 comments)
    3. Snowden: Monero's privacy is primariy protected by the idea of Ring Signatures, which, while a huge step up from Bitcoin, are closer to a mechanism for "plausible deniability" than the true privacy intended by the zero-knowledge proofs used by Zcash. (162 points, 119 comments)
    4. Monero Update Released: Helium Hydra, Point Release 1 (149 points, 18 comments)
    5. I created a site where you can share your own XMR Stak configurations with others. (79 points, 20 comments)
    6. Monero.how Sells For $43,600 (77 points, 23 comments)
    7. Anyone have any idea why the heavy Monero use in Mexico? (57 points, 42 comments)

Top Commenters

  1. uy88 (4177 points, 1099 comments)
  2. fluffyponyza (3588 points, 479 comments)
  3. dEBRUYNE_1 (3169 points, 859 comments)
  4. gingeropolous (2777 points, 403 comments)
  5. SamsungGalaxyPlayer (2690 points, 318 comments)
  6. snirpie (2360 points, 308 comments)
  7. ferretinjapan (2077 points, 276 comments)
  8. serhack (2062 points, 384 comments)
  9. smooth_xmr (1981 points, 336 comments)
  10. c-789 (1588 points, 184 comments)

Top Submissions

  1. Monero is here. by zigzagzig (816 points, 81 comments)
  2. 'Be Your Own Bank', A Cautionary Tale by taushet (781 points, 250 comments)
  3. Multisignature just got merged! by ErCiccione (757 points, 138 comments)
  4. Project Coral Reef: furthering mainstream adoption of Monero by fluffyponyza (756 points, 224 comments)
  5. "Privacy matters" starter pack by novawind (684 points, 116 comments)
  6. Coinbase hiring developers to work on "any digital currency you'd like". Get hired and get Monero on Coinbase! :) by msloan7 (654 points, 54 comments)
  7. John Mcafee on Info Wars - "If Bitcoin does have a serious competitor, it will be Monero" by ricolah (620 points, 195 comments)
  8. Ledger to have Monero support before end of Q1 - 2018 by marksburgunder (620 points, 67 comments)
  9. Monero is taking off, I'm looking to get IN NOW. by ScourgeDL (561 points, 125 comments)
  10. Had some fun yesterday evening restyling the Monero GUI in a dark theme. What do you think? by knueffelbund (547 points, 57 comments)

Top Comments

  1. 262 points: sorceryofthetesticle's comment in Monero is taking off, I'm looking to get IN NOW.
  2. 252 points: Mineu9999's comment in John Mcafee on Info Wars - "If Bitcoin does have a serious competitor, it will be Monero"
  3. 193 points: CapnFartfaceMcGee's comment in This will make you all laugh
  4. 193 points: john_alan's comment in US Senate Bill to Criminalize Concealed Ownership of Cryptocurrencies
  5. 185 points: mraindeer's comment in John Mcafee on Info Wars - "If Bitcoin does have a serious competitor, it will be Monero"
  6. 181 points: EricMuyser's comment in I've dumped my gold and silver. It's just Monero now.
  7. 173 points: baltsar777's comment in Invested over $1m into Monero
  8. 169 points: thereluctantpoet's comment in 'Be Your Own Bank', A Cautionary Tale
  9. 164 points: ViolentlyPeaceful's comment in Monero Privacy is NOT a crime or something to feel guilty about
  10. 161 points: TinusMars's comment in What are good examples to use when someone assumes Monero's intent is only for 'bad things/people'?
Generated with BBoe's Subreddit Stats
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BAKKT Acquires DACC & Partners With BNY Mellon - Andreessen Horowitz $1 Billion Crypto - Jaguar IOTA Bitcoin In Their Own Words: Marc Andreessen Andreessen Horowitz Crypto Fund Raises $300 Million! - BULLISH NEWS! HODL! BTC Around $6,200, Andreessen Horowitz's $300 Million Crypto Fund - June 26th Cryptocurrency News Marc Andreessen: Vision for Bitcoin

Andreessen Horowitz (a16z) is a venture capital firm in Silicon Valley, California, that backs bold entrepreneurs building the future through technology. Two major backers made a repeat contribution to blockchain startup DFINITY this week, investments totalling over $100 million. Swiss and US-based blockchain cloud computing startup DFINITY has closed a new funding round worth over $100 million from repeat backers including Andreessen Horowitz, it confirmed August 29.. DFINITY, which aims to build what it describes as an “Internet Computer ... Just recently news.Bitcoin.com reported on how Andreessen Horowitz raised over $515 million for a cryptocurrency-focused fund. Bitcoin ( BTC ) price on Sunday, May 24, 2020. Golden Cross Decline Prior to the launch of the new crypto fund, Andreessen Horowitz had raised $7.1 billion across seven funds, with early stage investments in Airbnb, Asana, Facebook, Foursquare, Groupon, Oculus ... While Andreessen Horowitz was an early investor in crypto marketplace Coinbase and was one of many firms to catch cryptocurrency fever in 2017, it’s one of the few that doubled down even after the price of bitcoin and ether flatlined. SEC regulations consider such investments “high risk” and limit these stakes, as well as secondary purchases and fund or token investments, to no more than ...

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BAKKT Acquires DACC & Partners With BNY Mellon - Andreessen Horowitz $1 Billion Crypto - Jaguar IOTA

- American venture capital giant Andreessen Horowitz looks set to give mass adoption of cryptocurrency a further boost by investing an enormous $1 billion into the technology behind Bitcoin. Bitcoin In Their Own Words: Marc Andreessen Full Interview: Bitcoin Fireside Chat with Marc Andreessen and Balaji Srinivasan (https://www.youtube.com/watch?v... CNBC.com's Kate Rooney reports on Andreessen Horowitz, a big backer of cryptocurrencies, starting a crypto start-up school. This video is unavailable. Watch Queue Queue. Watch Queue Queue Andreessen Horowitz is "investing aggressively" in crypto, even as bitcoin and other cryptocurrencies have dropped by more than 50 percent this year. The company raised $300 million for its first ...

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