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Bored? Looking for something to do? Start with this list of things to do in the Sacramento area.
(Credit for the below list has to be given to u/BurritoFueled, who created the original list in 2014 and updated it a year later. Almost two-thirds of the items below are still from that original list. All I’ve done with the list is revive it a little bit by updating dead links and making little tweaks when necessary. Also, thanks to those that submitted new additions to the list last week. Over a third of the below items are new and a lot of the original items have had newer information added onto them.) People are always looking for something to do around here. Maybe you’re a transplant, unaware of what this area has to offer, or maybe you’re a lifelong resident, tired of the same old thing. Well friend, if you fall into the latter category, do not despair. There’s actually plenty of things to do in the Sacramento area – things of interest to almost any lifestyle, personality, or budget. So, whether you’re an athlete, geek, eccentric, hipster, weirdo, sexual deviant or just a normal person looking for a new activity, below is a list of activities for you to try. Please note that it includes only activities that take place at least a few times a year – no one-off events or festivals here. Enjoy this list. If you have any suggestions of your own to add, comment below in this thread. I'll try to keep this as up to date as possible. Away we go. UPDATED 10-6-20 (Note: Due to the current pandemic, some of these activities may be curtailed or not offered at all.)
Become the next Tiger Woods (the golf part, not the cheating, getting your windshield smashed by your wife with one of your golf clubs part). Start by hitting up a driving range at Top Golf or Haggin Oaks.
Purchase the sweetest sweet corn in all the land at the Davis Ranch in Sloughhouse.
When you're done in Sloughhouse, head a little further up the Jackson Highway (just past Rancho Murieta), hang a left on Michigan Bar Road, and cross the bridge (it's safe, trust me!) for one of the most historic, beautiful, and adventurous road trips in the entire area. Make sure you bring a hearty vehicle and avoid during winter and spring.
Check out – or offer your services – at the Oak Park Fix-it Café, a community-powered gathering for repairing and maintaining bicycles, clothing, household items, and the ties that bind a healthy community.
Buy some tricks, attend magic workshops, and become the next David Blaine at Grand Illusions.
Go watch some horseracing at Cal Expo. It’s harness racing from November through April and then traditional horseracing during the state fair. Want to end up with small fortune at the end of your day at the track? It’s easy. Just start your day there with a large fortune.
Watch some high school football! The Sacramento region boasts some of the best high school programs in the state. Check out top notch teams like Grant, Elk Grove, Folsom, and Del Oro to see potential NCAA Division 1 and NFL players of the future.
Watch some college football! Sac State had a huge resurgence in 2019 and UC Davis has always had a solid program. You can also check out the JC teams such as ARC and Sac City.
If Live-Action Role Play (LARP) floats your boat, Sacramento Valley Amtgard has the battles, weapons workshops, and skills classes you've been looking for.
Take a ride on the Sacramento River Train. You can ride the train or power along the tracks yourself with railbikes. They have different train excursions, including beer tasting and wine tasting trips. If you want to book a trip on a weekend, book early.
Want to learn how to fish? Try Fishing in the City from the California Department of Fish and Wildlife. After you’ve learned, check out the blog from FishingBooker on where and when to go fishing and what to expect. For some recent local recommendations, check here, here, here or here.
If fishing tours are more your style, catch your lunch on a guided fishing tour of local waterways.
Take in a play at one of Sacramento's smaller, edgier, more contemporary community theatre companies, like the Big Idea Theatre.
Do you like beer and visiting breweries, but don’t like driving between them? Midtown Sacramento has got you covered! Make a day of it by visiting these breweries, all within easy walking distance of each other: At Ease, Sacrament, Big Stump, Golden Road, Fieldwork, and Alaro. If you don’t mind walking a few extra blocks, you can add Device and Urban Roots to the list.
Ever wanted to learn to sail, kayak or row? You’re in luck! The Sac State Aquatic Center offers lessons for those activities and more.
Antiquing never gets old, right? Visit Midway Antique Mall in Citrus Heights (focusing almost solely on midcentury wares), Antique Trove in Roseville, or the Antique Fair that happens every second Sunday on X Street, under the freeway.
Want to become the next Picasso? You gotta start somewhere, so take a paint and sip class at The Painted Cork in Midtown Sacramento or Historic Folsom.
It’s well known that you can play miniature golf at Scandia, but did you know that there are indoor mini golf courses in the area as well? Try SacMiniGolf in Old Sacramento, Flatstick Pub in DoCo downtown, or even glow-in-the-dark indoor mini golf at Monster Mini Golf in Rancho Cordova or at CaliGlo in Elk Grove.
The Sacramento Cactus and Succulent Society meets, and hosts a talk, at the Shepard Garden and Arts Center in McKinley Park monthly and welcomes guests. They also do field trips and their Annual Show and Sale is a must-see event for plant lovers.
Not to diminish the concert series at Fair Oaks Village Park, but when you hear "concerts in the park", everyone knows that is the Concerts in the Park series in downtown Sacramento. Live local and national acts perform on Friday evenings in the summer, and it’s totally free. If you’re not good with crowds you may want to give this a miss because it is packed!
Vacation or day trip so close, yet feel so far away, along the Delta. Rent a boat, jet skis, a cabin or camping spot, buy some bait and tackle, and/or eat out at various locations on the river.
Take a drive around the world’s smallest mountain range: the Sutter Buttes. You can actually drive around and hike the Sutter Buttes in the same day, however hiking is not free, you must do it as part of a guided group and you have to reserve a spot in advance.
Hi everybody, I'm holding a meetup in the DFW area for people interested in Urbit next month. If you're interested in the project or want to learn more about it, come hang out! Details are at the end of the post. I've got the blessing of u/ZorbaTHut to post this here contingent on explaining why Urbit is interesting, both in general and for this audience, so I'll give you a brief outline of the project if you're not familiar, and answer questions you may have once I'm home from work on Monday (though I encourage anybody else who'd like to to chime in until then -- I have to go to bed soon.)
What is Urbit?
Urbit is an interenet decentralization project, and a full networked computing stack from the ground up. Urbit's ultimate goal is to build a new internet on top of the old one, that is architecturally designed to avoid the need for centralized services by allowing individuals to run and program robust personal servers that are simple to manage. When Urbit conquers the world, your digital identity will be something you personally permanently own as a cryptographic key, not an line in a corporation's database; Facebook and Twitter will be protocols -- encrypted traffic and data shared directly between you and your friends & family, with no middlemen spying on you; your apps, social software and anything you program will have secure cryptocurrency payment mechanisms as a system call, payed out of a wallet on a device you fully control; and you will tangibly own and control your computer and the networked software you use on it. As I said, Urbit is a stack; at its core is Nock, a minimal, turing-complete function. Nock is built out into a deterministic operating system, Arvo, with its own functional programming language. For now, Arvo runs as a process, with a custom VM/interpreter on *nix machines. Your Arvo instance talks to other instances over a native, encrypted peer-to-peer network, though it can interface with the normal internet as well. Urbit's identity management system is called Azimuth, a public key infrastructure built on Ethereum. You own proof of your Urbit instance's identity as a token in the same way you own your Bitcoin wallet. Because the peer-to-peer network is built into Arvo, you get it 'for free' with any software you write or run on it. You run your own personal server, and run all the software you use to communicate with the world yourself. Because all of your services are running on computer you control using a single secure identity system, you can think of what it aspires to like a decentralized, cypherpunk version of WeChat -- a programmable, secure platform for everything you want to do with your computer in one place, without the downsides of other people running your software.
Why is it interesting?
Urbit is extremely ambitious and pretty strange. Why throw out the entire stack we've spent half a century building? Because it's a giant ball of mud -- millions of lines of code in the Linux kernel alone, with all the attendant security issues and complexity. You can run a personal server today if you're technically sophisticated; spin up a VPS, install all the software you need, configure everything and keep it secure. It's doable, but it sucks, and your mom can't do it. Urbit is designed from the beginning to avoid the pitfalls that led to cascading system complexity. Nock has 12 opcodes, and Arvo is somewhere in the neighborhood of 30,000 lines of code. The core pieces of Urbit are also ticking towards being 'frozen' -- reaching a state where they can no longer be changed, in order to ensure that they remain absolutely minimal. The point of all of this is to make a diamond-hard, unchanging core that a single person can actually understand in its entirety, ensure the security of the architecture, prevent insane dependency hell and leaky abstractions from overgrowing it, and allow for software you write today to run in a century. It also aims to be simple enough that a normal person can pay a commodity provider $5/mo (or something), log into their Urbit on their devices, and control it as easily as their phone. Urbit's network also has a routing hierarchy that is important to understand; while the total address space is 128-bit, the addresses are partitioned into different classes. 8-bit and 16-bit addresses act as network infrastructure, while human instances use 32-bit addresses. To use the network, you must be sponsored by the 16-bit node 'above' you -- which is to say 'be on good terms'. If you aren't on good terms, that sponsorship can be terminated, but that goes both ways -- if you don't like your sponsor, you can exit and choose another. Because 32-bit addresses are finite, they're scarce and have value, which disincentivizes spam and abuse. To be clear, the sponsor nodes only sign/deliver software updates, and perform peer discovery and NAT traversal; your connections with other people are direct and encrypted. Because there are many sponsor nodes, you can return to the network if you're kicked off unfairly. In the long term, this also allows for graceful political fragmentation of the network if necessary. The world created by Urbit is a world where individuals control their own data and digital communities live according to their mores. It's an internet that isn't funded by mass automated surveillance and ad companies that know your health problems. It's also the internet as a frontier like it once was, at least until this one is settled. Apologies if this comes off a little true-believer-y, but this project is something I'm genuinely excited about.
The world that Urbit aims to build is one not dissimilar from Scott's archipelago communism -- one of voluntaristic relations and communities, and exit in the face of conflict & coercion. It's technical infrastructure to move the internet away from the chokepoints of the major social media platforms and the concentration of political power that comes with centralized services. The seismic shifts affecting our institutions and society caused by the internet in the last decade have been commented on at length here and elsewhere, but as BTO said, you ain't seen nothin' yet. I suspect many people with a libertarian or anti-authoritarian bent would appreciate the principle of individual sovereignty over their computing and data. The project is also something I've discussed a few times with others on here, so I know there's some curiosity about it. The original developer of Urbit is also rather well known online, especially around here. Yarvin is a pretty controversial figure, but he departed the project in early 2019.
There's a lot more that I haven't mentioned, but I hope this has piqued your interest. If you're in DFW, you can find details of the first meetup here. There will be free pizza and a presentation about Urbit, help installing & using it (Mac & Linux only for now), as well as the opportunity to socialize. All are welcome! Feel free to bring a friend. If you're not in North Texas but are interested, there are also other regional meetups all over the world coming up soon.
Think your city needs a meetup? Take the first step and create a meetup page! There's lots of support available for anyone wanting to put together a meetup. @cryptartica on Twitter is sending out localized Bitcoin Cash flags to meetup groups. The Bitcoin Cash Fund is also offering support. I will send stickers to any meetup groups that want them.
Weekly Update: Jason starts #discussionThursday, $COTI on Binance, WibsonTree, Harmony + IBC Media... – 21 Feb - 27 Feb'20
Hiya folks! With this update we will finally be 100% caught up with the latest. Let’s go! Here’s your week at Parachute + partners (21 Feb - 27 Feb'20): As mentioned 2 weeks back, Alexis announced the start of a new style of raffle from this week. 300k $PAR in the pot to be won! Bose hosted a Friday Quiz in TTR on movies with a 10k $PAR prize pool. Cap shared a unique bit of trivia from the tipbotverse: ChangeTip, a bitcoin tipbot launched 7 years back, was acquired by Airbnb in 2016 that led to its closure. A crypto pioneer that was way ahead of its time. The usual suspects continue to be on top of the Fantasy Premier Leagure (#FPL) leaderboard – LordHades, Alexis and Novelcloud as per the latest update shared by LH. Alejandro hosted a gun-mode CoD game in the Parachute War Zone followed by a free-for-all for $PAR prizes. Tavo announced another CoD Battle Royale in the Parachute War Zone to be held next week. Afful’s TTR trivia was fun as always. Charlotte hosted another trivia in TTR as well for a 10k $PAR prize pool. Victor held one in TTR with another 10k $PAR pot as well. GamerBoy’s trivia in TTR this week was based on Kindergarten Geography. Haha! Belated Birthday wishes to Victor. Two-for-Tuesdays by Gian for this week had the theme rap/reggae/reggaeton. Like last week, Sebastian set up a YouTube playlist to compile all the entries. For #wholesomewed, Parachuters put on their creative hats as they made some epic artwork based on a primary shape shared by Jason. So much talent! There’s $PAR to be won! In the latest project update shared by Cap, ParJar is in final stages of testing with Transak, ParJar integrated coin-swaps are being worked on at the moment and $PAR-based Dex to be launched in the coming weeks in partnership with Switch. Jason launched a new event for Thursdays called #discussionThursday from this week. The first discussion series revolved around "something you don't understand". The goal is "hopefully someone that does understand it can explain it". Good conversations and altruism gets $PAR tips. TTR crew hosted a fun “guess the admin” contest based on the Parachute Christmas artwork. Lmao Victor! Happy Carnival to you too Rene Just a sampling from all the #wholesomewed entries 20k $AXPR was burned as part of the weekly aXpire burn event. aXpire COO Matthew Markham wrote about how technological differentiators give PEs an edge over public markets. The latest Bilr blog post talks about disruptive technologies in the legal industry. 2gether CEO Ramon Ferraz appeared in an IEB podcast to talk about Neobanks. YouTuber FunOntheRide’s latest video covers collaborative economy and how 2gether plays a role in it. Head of Marketing, Laura Braulio explained must-do’s in marketing strategies for fintechs in her article which was published on ClickZ. The XIO DApp went into the final stages of unit testing this week. Beta tests should start soon. For #XIOSocial chatter, Citizens discussed the semantics of the term “crowdstaking”. Ethos’ parent company Voyager released the full Android version of its app this week. Switch-backed McAfeeDex is slated for some updates soon. Read about what’s coming up from John McAfee’s tweet. Plus, a new privacy coin “ghost” is on the horizon. $ESH holders are expected to get a taste of it on launch. For the latest update on Switch, click here. Fantom’s $FTM was one of the winners of a public vote to get listed on ZelCore. As an update to the fantom.rocks tool released last week by GoFantom (a Fantom validator), this week a dApp named Supercharge was released on top of it. Supercharge allows users to send 20 test transactions to demonstrate the speed of consensus. The DAO Maker shared a compilation of Fantom’s 2019 updates. For the 2020 project plan, click here. This was followed by a detailed 2020 roadmap. Too long? No sweat! This graphical representation of the roadmap by Generation Crypto is here to rescue you. Or, if you would rather watch a video, CMO Michael Chen made one. For notes, click here. The first version of Uptrennd’s mobile redesign is here. Congratulations to TREOS for winning the Round 1 of the Uptrennd free advertising package contest that launched last week. Voting for Round 2 started this week with Fantom included in this round. Banano ended up winning the second round and going head to head with TREOS in the finals. The first 2UP Tuesday kicked off this week with every upvote counting for twice the normal points (with the same rules applying for downvotes). Sweet! Uptrennd founder Jeff Kirdeikis was invited to speak at the EntrepreneurShip cruise event. Don’t forget the epic giveaway mentioned. First sneak peek of Uptrennd’s new mobile design Catch up on Distric0x’s Weekly update here. If you missed the DappDigest, the crew’s got your back. Their video walkthrough of ETHDenver covers snippets from the event along with Brady’s on-stage performance and an interview of Dmitry Buterin (Vitalik Buterin’s father). Read about how the recent fintech M&A deals will influence markets in this article by Hydrogen. The team sat down for an AMA with Crypto Cabital this week and also hosted a 150k $HYDRO giveaway. Fintech nerds, check out Hydro’s explainer blog post on open banking and WSO2. Is the project ticking off its roadmap items on time? Click here to find out. As a 2020 cohort member of the MassChallenge Fintech accelerator, Hydro’s Senior Director for Strategic Partnerships, Ken Kavanaugh travelled to Boston to talk about “platformication in fintech” at their meetup. If you are attending the Milwaukee Blockchain Conference in March, don’t forget to say Hi to Biz Dev Lead Mark Anstead where he will be a featured speaker. If you haven’t booked your tickets yet, there’s a 50% discount coupon available for you. $HYDRO got listed on DeFi aggregator Totle this week. How does Sentivate aim to solve HTTP / TCP bottlenecks? Click here to find out. For a primer on UDSP, click here. The Mycro Hunter landing page went live this week. OST’s Pepo is the official community app and partner of Europe-based Ethereum Community Conference (EthCC) where it will also be collaborating with Epicenter podcast for the event. The first browser version of Pepo was released. Crypto exchange Mine Digital will be joining SelfKey’s exchange marketplace. SelfKey’s R&D team shared a 2020 update on the identity management space and how the project aims to place itself in this segment. Early preview of the SelfKey Mobile Wallet to be submitted to App Store for review For the latest Constellation community update, click here. Don’t forget to send in your questions for the AMA happening next week. Attendees of VeneCoiners meetup in Argentina next week, don’t forget to say Hi to the crew from Wibson who will be presenting the Rewards Marketplace at the event. The team also published a paper on “WibsonTree” which preserves data privacy when interacting with an agent. They hosted an Ethereum meetup this week to discuss DeFi. Here’s a video demo of how fast the Harmony mainnet is. The weekly #pow tweet thread summarises updates from across the team. KuCoin’s $ONE token swap is now complete. A new page was launched to monitor mainnet and testnet status. The crew attended a Binance meetup in Ukraine to talk about latest project updates. Harmony announced a partnership with IBC Media to incubate and accelerate Indian fintech startups. Safe Haven’s digital inheritance solution, Inheriti, will be available on the Harmony chain. $ONE was listed on MathWallet. Intellishare co-founder Nicholas Wan shared a sneak peek of the testnet mobile UI. dGen listed GET Protocol’s GUTS Tickets as one of the notable startups in the Dutch blockchain space in their Blockchain in Europe 2020 Review report. For a project overview click here – nicely summarised by Generation Crypto. GUTS will be ticketing 3 new shows of Chef’Special. Global Crypto Alliance live streamed another demo of its IoT prototype smartlock device being operated through $CALL tokens. The team also hosted a fun quiz on their Telegram this week. YouTuber Crypto Rich interviewed the crew on all things $CALL (Part I, Part II). Nik Patel’s detailed research report on COTI was published this week. $COTI was added to the Staking Rewards platform. And here’s a biggie, Binance listed both the ERC20 and BEP2 versions of the token this week with a bonus airdrop for deposits. Woot! Before the listing frenzy started, the team took a moment to take stock of the situation. A big listing like Binance leads to a lot of new eyeballs that could trigger scams. COTI crew shared their anti-scam guide for this reason. DOMSCRYPTO covered the project in their latest video. DoYourTip was covered in an iHODL news feature. And with that, we close for this week at Parachute. See you again with another update. Ciao!
Amazing news you might have missed (partnerships, new tools, new relationships)
I wanted to make this post right now when moral is (once again) at a low point. NANO is such a coin that is amazing and has an amazing community, yet it has to pass through many trials and tribulations to prove its own worth. Still NANO and the NANO FOUNDATION keeps on chugging, overcome each obstacle while only getting better. Yet the battle hasnt been won yet and we might face yet another dry season before rain season starts to happen. A lot of you are well aware of the upcoming technical updates (V19 and V20) as this usually is the main focus of both the foundation and this sub. Because of that and the whole LIBRA annoucement overwelming the community at large, the latest news on business opportunities, new relationships and even partherships that brings direct exposure to the (targeted) public have been overlooked. All of this has been talked about in the weekly update (this medium post). Now a quick note here (and a small jab to the community manager too) is that almost zero hype has been created from all of these GREAT news. If it was any other coin, even 1/10 of all these great changes would have been enough to cover the frontpage of CC and talked about in various blogposts/vlogs etc. We are talking about several Universities here that can have the option to use nano to pay for their lunch/coffee. That alone is HUGE and can be a great real life adoption as universities are places that usually are more friendlier towards innovation. Lets dissect the weekly post a bit more and follow the links up to see what the announcements really mean. In the light of focussing mainly on business orientated news (partnerships, exposure, new relationships etc.), some things ofc will be skipped: Interview Financial Times First what is mentioned is the interview of Colin with financial times currency correspondent Eva Szalay. Here is her page on the official website of the Financial Times UK: https://www.ft.com/stream/ff54f58c-6708-45fa-8c26-5b5baa7eb794 Now i cant find the interview yet, so i take it hasnt been published yet. Still, if this happens, it would mean great exposure as the FT is seen as a credible source of news. This would expose NANO to real investors alone. WIREX Afterwards, the CEO of WIREX spoke:
Wirex CEO Pavel Mateev took to the stage afterward to discuss some of the challenges his company has faced in working to bridge the gap between cryptocurrency and traditional fiat currencies over the last five years. Pavel also took some time to outline Wirex’s intent to expand its services beyond Europe — to North America, Asia, and even Africa.
The fact that Wirex, which also have adopted NANO, speaks at a NANO conference already speaks of measures. Wirex on that note alone can be seen as a 'partner' of NANO, i.e. one of NANO's partnerships. Its interesting to note Wirex also intends to expand in to Africa. For those who dont know what Wirex is, its a creditcard where you pay with crypto (and it says its accepted everywhere were visa is accepted too): https://wirexapp.com/ Within that context, NANO can already be used to buy regular things with through a creditcard from Wirex. This is yet another step for mainstream adoption. Kappture Still these are small things to consider (even though they do start to stack up!), the biggest announcement must be the partnership/adoption from Kappture:
Cutting-edge electronic point-of-sale device company, Kappture, presented their alpha integration of Nano into its merchant devices. The integration will mark the forward-thinking company’s first venture into offering users the opportunity to pay with cryptocurrency. With highly regarded institutions such as Saïd Business School and the University of West London among the users of the EPoS system, this integration will represent a significant step forward in the discovery of natural use cases of secure and decentralized cryptocurrency — with the ultrafast and fee-less transactions of Nano leading the way.
This might have been the biggest news of the week if Libra announcement didnt came out. Kappture adoption for NANO means exposure to a WILD range of publics. Please go to Kappture own website and see where there devices are being used. We are talking about: - The Championships Wimbledon - Football stadiums - Opera house - Cricket - Rugy - multiple universities (including Oxford) and business schools - Several business clients including Peugeot This is true adoption and major exposure to such a variety of people. These are mainly Europe/London based, which means NANO is set for adoption in the West (Europe). With wirex being a visa card where you can pay with NANO all over the world (as long as they accept visa), Kappture will give you the oppertunity to directly sell your NANO on several events/places through their ePOS system. If that wasnt enough the FOUNDATION has come with its own ePOS system, that is crypto agnostic (i.o.w. it accepts all crypto) yet still is secure and private: Appia
The much-anticipated unveiling of the Appia payment ecosystem capped the days' proceedings. Appia is a crypto agnostic service providing, amongst many other things, signed payment requests for strong customer protection. Built on the new Manta protocol, Appia focuses on security, privacy, and multi-channel capability. Appia will help simplify the process of both paying with cryptocurrency as a consumer and accepting it as a merchant.
This is not only amazing news for NANO, this is amazing news for the WHOLE crypto community! If it is cheap to make and easy to setup (targets that can be worked on), it could spread adoption all over the world. Africa Colin himself have said that developing countries will also become a business focus for the NANO foundation. Certain African countries already use digital cash called m-pesa and some have already become the first cashless society of earth. Its one of the reasons why Africa is very promising for blockchain currencies (as they can be trustless/permisionless/secure unlike m-pesa). Not only that, with Appia, Wirex and ofc the current (mobile/web) wallets and its tech, NANO FOUNDATION has strong tools for adoption in Africa. Possible second layer privacy option Now just think about NANO having a second layer privacy mixer (copying from the BANANO devs), and its hard not to be exited: https://medium.com/banano/introducing-camo-banano-bananos-privacy-layer-98a5bb0ecdb1. The library is already there. It can't be that hard to implement it, though its smart to first wait out and see how it works on BANANO (ironing all the bugs out) before implementing it on NANO. This is a fine example why it is extremely good for NANO to have a fork like BANANO, as it can become a testing ground for new tech (we really should be happy and Co exist/co work with each other in that front in my opinion). This is part from the BANANO medium post, but its well worth to mention, especially the last part:
These all on their own are worthy of their own medium post and should be talked about in vlogs/blogs etc. And i do wonder, with such wonderful news, why this all has been kept in a short medium post with not that even a lot of claps. These are major announcement yet are being kept quite for some reason. Maybe there is a reason for it though. As Libra has come and Bitcoin is taking off, maybe the marketing crew is abiding their time before dropping these bombs in to the public. Also, like i said, NANO is going to have to endure one last test, one last difficult price depression, before it has the chance to spread it wings. TLDR: - Financial times UK interview (exposure to serious investors) - Wirex being a serious partner of NANO (also, paying with NANO world wide everywhere VISA is accepted!) - Kappture partnership that includes exposure to several football/cricket/rugby clubs, theaters, universities (including Oxford), and other business (like Peugeot) - with this a good part of the Western/UK demography gets targeted, meaning immense exposure in the UK. - Appia device, agnostic crypto ePOS to lower the bar accepting crypto in your store World Wide - Oppertunities in Africa - Possible second layer mixer for privacy option (through BANANO development)
Crash course in Bitcoin privacy (incl reading material)
Nobody in bitcoin is interested in securing your privacy, except you yourself. Below is an incomplete list of things that an average user can do to increase their privacy on the bitcoin network. DO:
run your own full node and connect your wallet to it: this avoids leaking your transactions/your IP to third parties (f.ex your LedgeTrezor gives your addresses to their servers every time you receive coins)
try to avoid KYC services, if possible: instead use Bisq, HodlHodl, establish a network for in-person buying/selling, go to meetups, start earning bitcoin etc
I've been following this sub for about a month or two and I see there are large variation of BCH websites. However I couldn't find one place that gather them so I decided to start here. Please add other services and websites in comments. Hopefully it will be made as a wiki page.
The reason why contentious forks occur in crypto, and how Monero can thoughtfully navigate the current ASIC-friendly PoW discussion
Hello Monero world, I've been participating in this awesome project since mid 2016 (forgive the new account; the old one was was deleted). Like many of you, I love Monero because I feel it best represents the heart and soul of what cryptocurrency is all about. It's basically Bitcoin 2.0, better at what Bitcoin was originally intended to be. The community is really smart and mission-driven and not sold-out at all. While other coins seem to have acquiesced to the siren song of profit, XMR seems to remain laser focused, all these years later, on its original mission to provide people around the world with a truly private way to digitally transact. In an age where the world's largest corporations are using satellites to catalog our every move, selling our most intimate details to the highest bidder, Monero is a refreshing thing indeed. As the discussion around an ASIC-friendly PoW begins to heat up, I wanted to offer some values for how best to proceed. This post is my humble attempt to stop something akin to the Bitcoin/Cash split from coming to Monero. Not only could this harm the bubble of trust and unity that we have cultivated over the years, but it also could fracture the privacy of the entire project. Unlike Bitcoin, ring signature chain splits are a MUCH bigger deal because they have the potential to weaken the privacy of the entire project. So it is really important we wade into the PoW deep end with a lot of patience and respect for one another. The biggest strength of open source projects is also a point of its greatest weakness. Few of us have ever met each other. I've seen pictures from a few Meetups, which are great, all these Moneroans hefting steins of beer with smiles on their faces. A few of us have met at conferences. But as a generalization we have no ability to personally know the people involved in this ASIC discussion. As a result, the organic trust in this community is tenuous at best. What I mean is, when two friends in the real world have a difference of opinion, they can look each other in the face and have a productive disagreement, because they can see in the face of the other person whether or not they are dialoging in good faith, especially if they have years of positive trust already built with each other. Monero, on the other hand, makes most of its important decisions via bald discussion on Github and Reddit. So usernames like Fluffypony and Moneromooo have to share equal space with Sockpuppet123 and Sockpuppet456. The average reader is then tasked with remembering which usernames have been around a long time and which have not. And when some trusted participants in Monero have somewhat complicated usernames like SChernykh, this task becomes hard work indeed. Let me provide an example of this. On the more ASIC-antagonistic side of the discussion is longtime community member Gingeropolous, a good guy I have personally interacted with many times, a guy who loves Monero. He made a point in the Github discussion that we should stick to the Cryponight whitepaper's value of democratized mining, one CPU one vote, and by embracing ASICs we are compromising a central element of Monero's identity. Fluffypony, another good guy that I have personally interacted with many times, and who also loves Monero, responded to Gingeropolous that Monero is first about privacy, and the whitepaper is not meant to be blindly followed, especially if doing so undermines the future of the coin. Now at this point in the discussion you have a healthy moment of disagreement. Two people who love this coin and who have been involved with it for many years have a differing opinion, and I would argue that both of them have a valid point. In a normal real-life situation like this, the years of trust and subjective experience of the other person talking could sort of undergird the conversation as a whole and make a positive outcome more likely. So what happened next? Unfortunately, talking on Github is nothing like talking in the real world, and the next person to weigh in on the topic of the whitepaper was a user I've not interacted with before, and his comment was telling Fluffypony to not throw out the whitepaper as a whole, which Fluffypony was obviously not suggesting, and so he had to clarify his original point, which he tried to do, but in my opinion that turn of the discussion was not very fruitful. Every newcomer to this project has the freedom on Github or Reddit to strawman people (to strawman someone is to take a minor point they made and expand it into a huge point that is easy to shoot down). This sort of occurrence, painting people into corners to achieve goals, has the likelihood to become more commonplace if this debate begins to heat up and become overly emotional. I am writing this post to suggest a few values to the Monero community to help them avoid splitting the chain, the community, and weakening the privacy of all parties involved. Five values to facilitate the ASIC-friendly PoW discussion:
Keep ALL conversation productive. Laser focus on this value! Resist the siren call to label each other, to demean and disdain to win arguments. Resist using swear words. Do not critique people's character but focus on the IDEAS being discussed.
On that note, put rationality before emotion. Embrace a Moneroesque existentialism and commit yourself to reality over religion, to truth over ideology. The goal is to arrive at what PoW strategy is best for the project. The day nobody is willing to sacrifice their sacred cryptographic cows is the day our chain begins to split.
Give the most authority to comments from long time community members: Fluffypony, Gingeropolous, Smooth, Hyc, dEBRUYNE, SamsungGalaxyPlayer, NeedMoney90, etc etc etc. Dozens of intelligent thoughtful good people have devoted years of their lives to this project, so you can have more trust that the positions these usernames offer are being made in good faith.
Give the least authority to brand new accounts, especially if they seem to demean or disdain longtime community members. There are huge incentives to disrupt constructive dialog on the topic of an ASIC-friendly PoW. For example, imagine you are some dude who invested his entire net-worth into GPUs to mine Monero. Wouldn't you do everything in your power, including making adversarial Github comments, to keep yourself from becoming homeless? I know I would.
Everybody needs to engage this issue! That includes you. Yes, you, the person reading this sentence! If people grumble on the sidelines but don't engage the discussion when it is happening, they are more likely to leave the project if the PoW decision doesn't go their way. And we are more likely to split the chain, weakening all of our privacy as a whole. Think through the implications of both your arguments and the arguments of those you disagree with.
Personally speaking, I was on one side of this debate at the start, but after considering all the facts I was convinced my original position was faulty, so I changed my mind. That's it. I look forward to further discussions around 1-year versus 10 year-acceptance of an ASIC-friendly PoW, as I am learning so much in this process. And I look forward to uncorking a bottle of Barolo with you in person someday. Sincerely, MoneroEric PS: A truly great way to grow in trust is to actually meet in person, so I want to plug the upcoming Konferenco on June 22-23 in Denver: https://monerokon.com PPS: To my surprise the third person in the Gingeropolous/Fluffy exchange, who I suggested was a newcomer to Monero, was in actuality one of the very first participants in the Monero project! I recant my quick assumption and will, in the future, work harder at providing more accurate examples.
I was going through old emails today and came across this one I sent out to family on January 4, 2018. It was a reflection on the 2017 crypto bull market and where I saw it heading, as well as some general advice on crypto, investment, and being safe about how you handle yourself in cryptoland. I feel that we are on the cusp of a new bull market right now, so I thought that I would put this out for at least a few people to see *before* the next bull run, not after. While the details have changed, I don't see a thing in this email that I fundamentally wouldn't say again, although I'd also probably insist that people get a Yubikey and use that for all 2FA where it is supported. Happy reading, and sorry for some of the formatting weirdness -- I cleaned it up pretty well from the original email formatting, but I love lists and indents and Reddit has limitations... :-/ Also, don't laught at my token picks from January 2018! It was a long time ago and (luckliy) I took my own advice about moving a bunch into USD shortly after I sent this. I didn't hit the top, and I came back in too early in the summer of 2018, but I got lucky in many respects. ----------------------------------------------------------------------- Jan-4, 2018 Hey all! I woke up this morning to ETH at a solid $1000 and decided to put some thoughts together on what I think crypto has done and what I think it will do. *******, if you could share this to your kids I’d appreciate it -- I don’t have e-mail addresses, and it’s a bit unwieldy for FB Messenger… Hopefully they’ll at least find it thought-provoking. If not, they can use it as further evidence that I’m a nutjob. 😉 Some history before I head into the future. I first mined some BTC in 2011 or 2012 (Can’t remember exactly, but it was around the Christmas holidays when I started because I had time off from work to get it set up and running.) I kept it up through the start of summer in 2012, but stopped because it made my PC run hot and as it was no longer winter, ********** didn’t appreciate the sound of the fans blowing that hot air into the room any more. I’ve always said that the first BTC I mined was at $1, but looking back at it now, that’s not true – It was around $2. Here’s a link to BTC price history. In the summer of 2013 I got a new PC and moved my programs and files over before scrapping the old one. I hadn’t touched my BTC mining folder for a year then, and I didn’t even think about salvaging those wallet files. They are now gone forever, including the 9-10BTC that were in them. While I can intellectually justify the loss, it was sloppy and underlines a key thing about cryptocurrency that I believe will limit its widespread adoption by the general public until it is addressed and solved: In cryptoland, you are your own bank, and if you lose your password or account number, there is no person or organization that can help you reset it so that you can get access back. Your money is gone forever. On April 12, 2014 I bought my first BTC through Coinbase. BTC had spiked to $1000 and been in the news, at least in Japan. This made me remember my old wallet and freak out for a couple of months trying to find it and reclaim the coins. I then FOMO’d (Fear Of Missing Out”) and bought $100 worth of BTC. I was actually very lucky in my timing and bought at around $430. Even so, except for a brief 50% swing up almost immediately afterwards that made me check prices 5 times a day, BTC fell below my purchase price by the end of September and I didn’t get back to even until the end of 2015. In May 2015 I bought my first ETH at around $1. I sent some guy on bitcointalk ~$100 worth of BTC and he sent me 100 ETH – all on trust because the amounts were small and this was a small group of people. BTC was down in the $250 range at that point, so I had lost 30-40% of my initial investment. This was of the $100 invested, so not that much in real terms, but huge in percentages. It also meant that I had to buy another $100 of BTC on Coinbase to send to this guy. A few months after I purchased my ETH, BTC had doubled and ETH had gone down to $0.50, halving the value of my ETH holdings. I was even on the first BTC purchase finally, but was now down 50% on the ETH I had bought. The good news was that this made me start to look at things more seriously. Where I had skimmed white papers and gotten a superficial understanding of the technology before FOMO’ing, I started to act as an investor, not a speculator. Let me define how I see those two different types of activity:
Investors buy because the price is less than the value they see in the investment. Speculators buy because they think that someone will pay more in the future than they are paying now.
Investors trade on information (The white paper was really well-written, had a clear technical advantage over other alternatives, and addresses a need that I can understand and value.) Speculators trade on sentiment. (Buy the rumor! Sell the news!)
Investors usually look at the investment and themselves and can describe why they purchase in those terms (ABC-Coin provides (service) that isn’t addressed yet and matches (requirements) for an investment.) Speculators usually describe why they bought something in terms of how other people think (I think that other people think that the price will rise, so I want to get ahead of that.)
Investors don’t necessarily check the price every day. The can, and very often I do, but it isn’t required because fundamentals don’t often change on a dime. Speculators need to be glued to a price feed, because sentiment very often changes on a dime.
Investors like ideas, people, business plans, and market opportunities. Good ones are like Spock. Speculators like trends. They are tribal.
Investors have a longer time horizon than speculators. In cryptoland, the notion of a “longer” time horizon is still laughably small (months) compared to traditional markets, but it certainly isn’t weeks or days or hours, which is whre speculators often live.
So what has been my experience as an investor? After sitting out the rest of 2015 because I needed to understand the market better, I bought into ETH quite heavily, with my initial big purchases being in March-April of 2016. Those purchases were in the $11-$14 range. ETH, of course, dropped immediately to under $10, then came back and bounced around my purchase range for a while until December of 2016, when I purchased a lot more at around $8. I also purchased my first ICO in August of 2016, HEAT. I bought 25ETH worth. Those tokens are now worth about half of their ICO price, so about 12.5ETH or $12500 instead of the $25000 they would be worth if I had just kept ETH. There are some other things with HEAT that mean I’ve done quite a bit better than those numbers would suggest, but the fact is that the single best thing I could have done is to hold ETH and not spend the effort/time/cost of working with HEAT. That holds true for about every top-25 token on the market when compared to ETH. It certainly holds true for the many, many tokens I tried to trade in Q1-Q2 of 2017. In almost every single case I would have done better and slept better had I just held ETH instead of trying to be smarter than Mr. Market. But, I made money on all of them except one because the crypto market went up more in USD terms than any individual coin went down in ETH or BTC terms. This underlines something that I read somewhere and that I take to heart: A rising market makes everyone seem like a genius. A monkey throwing darts at a list of the top 100 cryptocurrencies last year would have doubled his money. Here’s a chart from September that shows 2017 year-to-date returns for the top 10 cryptocurrencies, and all of them went up a *lot* more between then and December. A monkey throwing darts at this list there would have quintupled his money. When evaluating performance, then, you have to beat the monkey, and preferably you should try to beat a Wall Street monkey. I couldn’t, so I stopped trying around July 2017. My benchmark was the BLX, a DAA (Digital Asset Array – think fund like a Fidelity fund) created by ICONOMI. I wasn’t even close to beating the BLX returns, so I did several things.
I went from holding about 25 different tokens to holding 10 now. More on that in a bit.
I used those funds to buy ETH and BLX. ETH has done crazy-good since then and BLX has beaten BTC handily, although it hasn’t done as well as ETH.
I used some of those funds to set up an arbitrage operation.
The arbitrage operation is why I kept the 11 tokens that I have now. All but a couple are used in an ETH/token pair for arbitrage, and each one of them except for one special case is part of BLX. Why did I do that? I did that because ICONOMI did a better job of picking long-term holds than I did, and in arbitrage the only speculative thing you must do is pick the pairs to trade. My pairs are (No particular order):
I also hold PLU, PLBT, and ART. These two are multi-year holds for me. I have not purchased BTC once since my initial $200, except for a few cases where BTC was the only way to go to/from an altcoin that didn’t trade against ETH yet. Right now I hold about the same 0.3BTC that I held after my first $100 purchase, so I don’t really count it. Looking forward to this year, I am positioning myself as follows:
ETH will still be my core holding. It is the “deepest in the stack” crypto investment that I have. “Deep in the stack” is a programming term that gets at the idea that most software is built on other software. If you just think about your notebook, you have your OS, and programs run on that. But even inside the OS there is a stack. The bottom of your stack is the kernel, and on top of that are the drivers, protocols, and other layers that allow the programs to talk to the OS, the hard drive, the screen, the mouse, your printer, etc. You can change your mouse or printer easily. Changing things deeper in the stack becomes harder and harder. ETH is deep in the crypto stack, so is very hard to dislodge – Around 60 of the top 100 cryptocurrencies by market cap run on top of Ethereum, so getting rid of Ethereum is something that would take a long time to do.
DNT, QTUM, ZRX, and OMG are all, to varying degrees, “deep in the stack” tokens that, once established, will be very hard to dislodge.
That said, I am peeling away some of my holdings into USD right now, because big changes are afoot and they are going to cause market disruptions. I’m going to come right out and admit that this is speculative, but I’m also going to back it up with some non-speculative facts.
The SEC has been sending out hundreds of subpoenas to cryptocurrency organizations over the past 3-4 months. These subpoenas are simply asking for information and nobody has been charged with any crimes or misdoings, but it is clear that the SEC is getting together information so that they can begin to regulate cryptoland. When that happens, other countries will follow, and that means:
Some tokens will be deemed outright scams and people will be prosecuted.
Some tokens will be deemed securities and will be regulated.
Some tokens will not be deemed scams or securities and will continue as they have.
Looking at this, it is clear to me that the tokens that escape prosecution and regulation should do better, but the short-term impact will be brutal and ugly. It would not surprise me at all to see a 50% drop in overall market cap within Q1-Q2, with Q1 being more likely.
Cryptoland has always been a bit nuts, but it is more nuts now than I have ever seen it. Back in 2011-2014 it was a freaks-n-geeks show where people were all about the technology and I would sit around for a 3-day weekend installing a *nix VM on my Windows machine so that I could compile the most recent source and run a CUDA SHA-256 routine rather than thrash my CPU. If that doesn’t make sense to you, you wouldn’t have even thought about being involved.
Now, people see Bitcoin advertisements in their Facebook feed and think “I gotta get on the BTC train!” before going to Coinbase and buying some with a credit card. They don’t know anything about crypto, and they are getting eaten alive – It is no coincidence that BTC peaked after the Thanksgiving holidays when people sat around the table and Janice got Uncle Mike and Cousin Bob all excited as she talked about going to Cancun for Christmas because of her crypto winnings. Huge amounts of fiat got transferred from newbies to BTC whales during this period, and once the whales were done, BTC had dropped from $20,000 to $12,000. It’s now back at $15,000, but for people who bought at a higher level, this sucks. As a result many have moved from BTC to ETH, with the single biggest money flow in crypto in December being the BTC à ETH flow. As a result, it’s no coincidence that ETH is at all-time highs now. The thing is, though, that even most people that moved from BTC to ETH really have no idea what they are doing. They are acting on buzzwords and emotion. They are speculators and are going to get crushed.
The stock market is quite high right now, but people are starting to worry that it is too high and that we are going to enter into a period of inflation again. This has caused gold to go up a lot the last quarter and is likely also responsible a bit for the rise in cryptos. If this view is correct, then cryptos stay stronger than if that pressure wasn’t there. If wrong, then cryptos will swing down as money exits cryptoland for more traditional markets.
I am spending most of my time and money on the arbitrage effort. The nice thing about arbitrage is that it works as the markets go up, and it works as the markets go down. When markets are too volatile, however, arbitrage can get very messy and dangerous, with each trade generating a loss instead of a profit, so I am working right now to tune the algorithms to take into account rate-of-change and add in some circuit breaker triggers. Once this is done I will expand those operations.
I am getting much more serious about systems security.
I have a Nano Ledger and recommend that anyone with >$1000 of crypto have one. The Trezor is also supposed to be good, but I haven’t used it.
I will set up a dedicated *nix notebook that is used for nothing except my crypto work. All it takes is one keylogger to get on your PC/Mac and your crypto is gone. What is on your Nano Ledger will be OK, but they will sweep out your exchange account or Coinbase account faster than you can type. A standard Linux installation with Chrome and nothing else is as about as secure as you can get in the civilian world.
If you don’t use LastPass or a similar password manager yet, you need to do that. Your password to LastPass should be at least 16 characters long and should not have a recognizable English word in it. If you think that “Iluvu4evah” is a secure password, you’re wrong.
Hackers know that “4”=”for” and “u”=”you”. Writing a script to substitute those in is trivial if they want to write the script, but it’s much easier for them to download one of the many, many programs out there that already do this.
If your password contains any string of numbers from anything that can be associated with you at any time in your life, it is insecure. Take those numbers out of the character count because they are an insignificant barrier to cracking your account.
The good news is that you probably won’t be targeted, but if you ever mention online that you are doing anything significant in crypto, that chance increased enormously.
*Never* talk with *anyone* about how much you have in crypto. You’ll notice that I haven’t here. There is no reason to tell even a family member how much you have unless you are sharing a tax form. Sure, you may trust them, but all it takes if for someone to overhead someone else mention at a party that a relative got into crypto a long time ago and made a bunch of money. That person can also then be subjected to the $10 hack and force you to send all your crypto to them.
Your password to LastPass (Or equivalent.) should look something like this -> 6k0jQMoziX&D#4W8
Yes, it’s a headache. Imagine your headache, though, were you to open your account one day and find all of your money gone.
Looking at my notes, I have two other things that I wanted to work into this email that I didn’t get to, so here they are:
Just like with free apps and other software, if you are getting something of value and you didn’t pay anything for it, you need to ask why this is. With apps, the phrase is “If you didn’t pay for the product, you are the product”, and this works for things such as pump groups, tips, and even technical analysis. Here’s how I see it.
Technical analysis (TA) is something that has been argued about for longer than I’ve been alive, but I think that it falls into the same boat. In short, TA argues that there are patterns in trading that can be read and acted upon to signal when one must buy or sell. It has been used forever in the stock and foreign exchange markets, and people use it in crypto as well. Let’s break down these assumptions a bit.
i. First, if crypto were like the stock or forex markets we’d all be happy with 5-7% gains per year rather than easily seeing that in a day. For TA to work the same way in crypto as it does in stocks and foreign exchange, the signals would have to be *much* stronger and faster-reacting than they work in the traditional market, but people use them in exactly the same way. ii. Another area where crypto is very different than the stock and forex markets centers around market efficiency theory. This theory says that markets are efficient and that the price reflects all the available information at any given time. This is why gold in New York is similar in price to gold in London or Shanghai, and why arbitrage margins are easily <0.1% in those markets compared to cryptoland where I can easily get 10x that. Crypto simply has too much speculation and not enough professional traders in it yet to operate as an efficient market. That fundamentally changes the way that the market behaves and should make any TA patterns from traditional markets irrelevant in crypto. iii. There are services, both free and paid that claim to put out signals based on TA for when one should buy and sell. If you think for even a second that they are not front-running (Placing orders ahead of yours to profit.) you and the other people using the service, you’re naïve. iv. Likewise, if you don’t think that there are people that have but together computerized systems to get ahead of people doing manual TA, you’re naïve. The guys that I have programming my arbitrage bots have offered to build me a TA bot and set up a service to sell signals once our position is taken. I said no, but I am sure that they will do it themselves or sell that to someone else. Basically they look at TA as a tip machine where when a certain pattern is seen, people act on that “tip”. They use software to see that “tip” faster and take a position on it so that when slower participants come in they either have to sell lower or buy higher than the TA bot did. Remember, if you are getting a tip for free, you’re the product. In TA I see a system when people are all acting on free preset “tips” and getting played by the more sophisticated market participants. Again, you have to beat that Wall Street monkey.
If you still don’t agree that TA is bogus, think about it this way: If TA was real, Wall Street would have figured it out decades ago and we would have TA funds that would be beating the market. We don’t.
If you still don’t agree that TA is bogus and that its real and well, proven, then you must think that all smart traders use them. Now follow that logic forward and think about what would happen if every smart trader pushing big money followed TA. The signals would only last for a split second and would then be overwhelmed by people acting on them, making them impossible to leverage. This is essentially what the efficient market theory postulates for all information, including TA.
OK, the one last item. Read this weekly newsletter – You can sign up at the bottom. It is free, so they’re selling something, right? 😉 From what I can tell, though, Evan is a straight-up guy who posts links and almost zero editorial comments. Happy 2018.
January 8th, 2018: NEO meetup with Zeepin, DeepBrain & QRC in Dublin Source: https://www.meetup.com/NeoDublin/events/246018199 January 10th, 2018: NEO meetup with COZ & QLink in London Source: https://www.meetup.com/London-NEO-Meetup/events/246074086/ January 12th, 2018: NEO meetup with Zeepin, OKWave & DeepBrain in Hamburg Source: https://www.meetup.com/Bitcoins-And-Emerging-Tech-That-Changes-The-World/events/243541717/ January 13th, 2018: NEO meetup with NEX, Moonlight, QLink, Zeepin, DeepBrain, OKWave & QRC in Amsterdam Source: http://amsterdam.neonewstoday.com/ January 20th, 2018: NEO Meetup in Vienna Source: https://metalab.at/wiki/NEO_Blockchain_Meetup January 25th, 2018: COZ dApps competition: submission open Source: http://cityofzion.io/dapps/2 January 30th - 31st, 2018: NEO Devcon in San Francisco, Silicon Valley Source: http://devcon.neo.org/ February 25th, 2018: COZ dApps competition: submission deadline Source: http://cityofzion.io/dapps/2 March 15th, 2018: Deadline for NEO Sponsor Giveback Source: https://neo.org/blog/details/3046 March 31st, 2018: Deadline for 1st NEO Dev Competition Source: https://neo.org/competition.html
Today: NEO meetup with COZ & QLink in London Source: https://www.meetup.com/London-NEO-Meetup/events/246074086/ January 12th, 2018: NEO meetup with Zeepin, OKWave & DeepBrain in Hamburg Source: https://www.meetup.com/Bitcoins-And-Emerging-Tech-That-Changes-The-World/events/243541717/ January 13th, 2018: NEO meetup with NEX, Moonlight, QLink, Zeepin, DeepBrain, OKWave & QRC in Amsterdam Source: http://amsterdam.neonewstoday.com/ January 17th, 2018: NEO attending Blockchain Innovation conference in Seoul Source: http://gametoc.hankyung.com/news/articleView.html?idxno=46335 January 20th, 2018: NEO Meetup in Vienna Source: https://metalab.at/wiki/NEO_Blockchain_Meetup January 25th, 2018: COZ dApps competition: submission open Source: http://cityofzion.io/dapps/2 January 30th - 31st, 2018: NEO Devcon in San Francisco, Silicon Valley Source: http://devcon.neo.org/ February 25th, 2018: COZ dApps competition: submission deadline Source: http://cityofzion.io/dapps/2 March 15th, 2018: Deadline for NEO Sponsor Giveback Source: https://neo.org/blog/details/3046 March 31st, 2018: Deadline for 1st NEO Dev Competition Source: https://neo.org/competition.html
Today: China G3 (Bitmain, Neo & Elastos) meeting in Beijing Source: https://www.reddit.com/NEO/comments/7nm78u/china_g3_poster_4th_jan_0900_beijing_time/ January 8th, 2018: NEO meetup with Zeepin, DeepBrain & QRC in Dublin Source: https://www.meetup.com/NeoDublin/events/246018199 January 10th, 2018: NEO meetup with COZ & QLink in London Source: https://www.meetup.com/London-NEO-Meetup/events/246074086/ January 12th, 2018: NEO meetup with Zeepin, OKWave & DeepBrain in Hamburg Source: https://www.meetup.com/Bitcoins-And-Emerging-Tech-That-Changes-The-World/events/243541717/ January 13th, 2018: NEO meetup with NEX, Moonlight, QLink, Zeepin, DeepBrain, OKWave & QRC in Amsterdam Source: http://amsterdam.neonewstoday.com/ January 17th, 2018: NEO attending Blockchain Innovation conference in Seoul Source: http://gametoc.hankyung.com/news/articleView.html?idxno=46335 January 20th, 2018: NEO Meetup in Vienna Source: https://metalab.at/wiki/NEO_Blockchain_Meetup January 25th, 2018: COZ dApps competition: submission open Source: http://cityofzion.io/dapps/2 January 30th - 31st, 2018: NEO Devcon in San Francisco, Silicon Valley Source: http://devcon.neo.org/ February 25th, 2018: COZ dApps competition: submission deadline Source: http://cityofzion.io/dapps/2 March 15th, 2018: Deadline for NEO Sponsor Giveback Source: https://neo.org/blog/details/3046 March 31st, 2018: Deadline for 1st NEO Dev Competition Source: https://neo.org/competition.html
January 10th, 2018: NEO meetup with COZ & QLink in London Source: https://www.meetup.com/London-NEO-Meetup/events/246074086/ January 12th, 2018: NEO meetup with Zeepin, OKWave & DeepBrain in Hamburg Source: https://www.meetup.com/Bitcoins-And-Emerging-Tech-That-Changes-The-World/events/243541717/ January 13th, 2018: NEO meetup with NEX, Moonlight, QLink, Zeepin, DeepBrain, OKWave & QRC in Amsterdam Source: http://amsterdam.neonewstoday.com/ January 17th, 2018: NEO attending Blockchain Innovation conference in Seoul Source: http://gametoc.hankyung.com/news/articleView.html?idxno=46335 January 20th, 2018: NEO Meetup in Vienna Source: https://metalab.at/wiki/NEO_Blockchain_Meetup January 25th, 2018: COZ dApps competition: submission open Source: http://cityofzion.io/dapps/2 January 30th - 31st, 2018: NEO Devcon in San Francisco, Silicon Valley Source: http://devcon.neo.org/ February 25th, 2018: COZ dApps competition: submission deadline Source: http://cityofzion.io/dapps/2 March 15th, 2018: Deadline for NEO Sponsor Giveback Source: https://neo.org/blog/details/3046 March 31st, 2018: Deadline for 1st NEO Dev Competition Source: https://neo.org/competition.html
In the past weeks I heard a lot pros and cons about IOTA, many of them I believe were not true (I'll explain better). I would like to start a serious discussion about IOTA and help people to get into it. Before that I'll contribute with what I know, most things that I will say will have a source link providing some base content.
The pros and cons that I heard a lot is listed below, I'll discuss the items marked with *. Pros
Many users claim that the network infinitely scales, that with more transactions on the network the faster it gets. This is not entirely true, that's why we are seeing the network getting congested (pending transactions) at the moment (12/2017). The network is composed by full-nodes (stores all transactions), each full-node is capable of sending transactions direct to the tangle. An arbitrary user can set a light-node (do not store all transactions, therefore a reduced size), but as it does not stores all transactions and can't decide if there are conflicting transactions (and other stuff) it needs to connect to a full-node (bitifinex node for example) and then request for the full-node to send a transaction to the tangle. The full-node acts like a bridge for a light-node user, the quantity of transactions at the same time that a full-node can push to the tangle is limited by its brandwidth. What happens at the moment is that there are few full-nodes, but more important than that is: the majority of users are connected to the same full-node basically. The full-node which is being used can't handle all the requested transactions by the light-nodes because of its brandwidth. If you are a light-node user and is experiencing slow transactions you need to manually select other node to get a better performance. Also, you need to verify that the minimum weight magnitude (difficulty of the Hashcash Proof of Work) is set to 14 at least. The network seems to be fine and it scales, but the steps an user has to make/know are not friendly-user at all. It's necessary to understand that the technology envolved is relative new and still in early development. Do not buy iota if you haven't read about the technology, there is a high chance of you losing your tokens because of various reasons and it will be your own fault. You can learn more about how IOTA works here. There are some upcoming solutions that will bring the user-experience to a new level, The UCL Wallet (expected to be released at this month, will talk about that soon and how it will help the network) and the Nelson CarrIOTA (this week) besides the official implementations to come in december.
We all know that currently (2017) IOTA depends on the coordinator because the network is still in its infancy and because of that it is considered centralized by the majority of users. The coordinator are several full-nodes scattered across the world run by the IOTA foundation. It creates periodic Milestones (zero value transactions which reference valid transactions) which are validated by the entire network. The coordinator sets the general direction for the tangle growth. Every node verifies that the coordinator is not breaking consensus rules by creating iotas out of thin air or approving double-spendings, nodes only tells other nodes about transactions that are valid, if the Coordinator starts issuing bad Milestones, nodes will reject them. The coordinator is optional since summer 2017, you can choose not implement it in your full-node, any talented programmer could replace Coo logic in IRI with Random Walk Monte Carlo logic and go without its milestones right now. A new kind of distributed coordinator is about to come and then, for the last, its completely removal. You can read more about the coordinator here and here.
These are blockchain-based cryptocurrencies (Bitcoin) that has miners to guarantee its security. Satoshi Nakamoto states several times in the Bitcoin whitepaper that "The system is secure as long as honest nodes collectively control more CPU power than any cooperating group of attacker nodes". We can see in Blockchain.info that nowadays half of the total hashpower in Bitcoin is controlled by 3 companies (maybe only 1 in the future?). Users must trust that these companies will behave honestly and will not use its 50%> hashpower to attack the network eventually. With all that said it's reasonable to consider the IOTA network more decentralized (even with the coordinator) than any mining-blockchain-based cryptocurrency You can see a comparison between DAG cryptocurrencies here
Some partnerships of IOTA foundation with big companies were well known even when they were not officialy published. Some few examples of confirmed partnerships are listed below, others cofirmed partnerships can be seem in the link Partnerships with big companies at the pros section.
So what's up with all alarming in social media about IOTA Foundation faking partnerships with big companies like Microsoft and Cisco? At Nov. 28th IOTA Foundation announced the Data Marketplace with 30+ companies participating. Basically it's a place for any entity sell data (huge applications, therefore many companies interested), at time of writing (11/12/2017) there is no API for common users, only companies in touch with IOTA Foundation can test it. A quote from Omkar Naik (Microsoft worker) depicted on the Data Marketplace blog post gave an idea that Microsoft was in a direct partnership with IOTA. Several news websites started writing headlines "Microsoft and IOTA launches" (The same news site claimed latter that IOTA lied about partnership with Microsoft) when instead Microsoft was just one of the many participants of the Data Marketplace. Even though it's not a direct partnership, IOTA and Microsoft are in close touch as seen in IOTA Microsoft and Bosch meetup december 12th, Microsoft IOTA meetup in Paris 14th and Microsoft Azure adds 5 new Blockchain partners (may 2016). If you join the IOTA Slack channel you'll find out that there are many others big companies in close touch with IOTA like BMW, Tesla and other companies. This means that right now there are devs of IOTA working directly with scientists of these companies to help them integrate IOTA on their developments even though there is no direct partnership published, I'll talk more about the use cases soon.
We are excited to partner with IOTA foundation and proud to be associated with its new data marketplace initiative... - Omkar Naik
IOTA's use cases
Every cryptocurrency is capable of being a way to exchange goods, you pay for something using the coin token and receive the product. Some of them are more popular or have faster transactions or anonymity while others offers better scalablity or user-friendness. But none of them (except IOTA) are capable of transactioning information with no costs (fee-less transactions), in an securely form (MAM) and being sure that the network will not be harmed when it gets more adopted (scales). These characteristics open the gates for several real world applications, you probably might have heard of Big Data and how data is so important nowadays.
Data sets grow rapidly - in part because they are increasingly gathered by cheap and numerous information-sensing Internet of things devices such as mobile devices, aerial (remote sensing), software logs, cameras, microphones, radio-frequency identification (RFID) readers and wireless sensor networks.
It’s just the beginning of the data period. Data is going to be so important for human life in the future. So we are now just starting. We are a big data company, but compared to tomorrow, we are nothing. - Jack Ma (Alibaba)
There are enormous quantities of wasted data, often over 99% is lost to the void, that could potentially contain extremely valuable information if allowed to flow freely in data streams that create an open and decentralized data lake that is accessible to any compensating party. Some of the biggest corporations of the world are purely digital like Google, Facebook and Amazon. Data/information market will be huge in the future and that's why there so many companies interested in what IOTA can offer. There are several real world use cases being developed at the moment, many of them if successful will revolutionize the world. You can check below a list of some of them.
Not having your wallet set up properly (min weight 14, etc.)
Problems that could be easily avoided with a better understand of the network/wallet or with a better wallet that could handle these issues. As I explained before, some problems during the "congestion" of the network could be simply resolved if stuff were more user-friendly, this causes many users storing their iotas on exchanges which is not safe either. The upcoming (dec 2017) UCL Wallet will solve most of these problems. It will switch between nodes automatically and auto-reattach transactions for example (besides other things). You can have full a overview of it here and here. Also, the upcoming Nelson CarrIOTA will help on automatic peer discovery for users setup their nodes more easily.
IOTA Vulnerability issue
On sept 7th 2017 a team from MIT reported a cryptographic issue on the hash function Curl. You can see the full response of IOTA members below.
Funds were never in danger as such scenarios depicted on the Neha's blogpost were not pratically possible and the arguments used on the blogpost had'nt fundamentals, all the history you can check by yourself on the responses. Later it was discovered that the whole Neha Narula's team were envolved in other concurrent cryptocurrency projects Currently IOTA uses the relatively hardware intensive NIST standard SHA-3/Keccak for crucial operations for maximal security. Curl is continuously being audited by more cryptographers and security experts. Recenlty IOTA Foundation hired Cybercrypt, the world leading lightweight cryptography and security company from Denmark to take the Curl cryptography to its next maturation phase.
It took me a couple of days to gather the informations presented, I wanted it to make easier for people who want to get into it. It might probably have some mistakes so please correct me if I said something wrong. Here are some useful links for the community.
This is my IOTA donation address, in case someone wants to donate I will be very thankful. I truly believe in this project's potential. I9YGQVMWDYZBLHGKMTLBTAFBIQHGLYGSAGLJEZIV9OKWZSHIYRDSDPQQLTIEQEUSYZWUGGFHGQJLVYKOBWAYPTTGCX
This is a donation address, if you want to do the same you might pay attention to some important details:
Create a seed for only donation purposes.
Generate a address and publish it for everyone.
If you spend any iota you must attach a new address to the tangle and refresh your donation address published before to everyone.
If someone sends iota to your previous donation address after you have spent from it you will probably lose the funds that were sent to that specific address.
You can visualize how addresses work in IOTA here and here.
This happens because IOTA uses Winternitz one-time signature to become quantum resistent. Every time you spend iota from a address, part of the private key of that specific address is revealed. This makes easier for attackers to steal that address balance. Attackers can search if an address has been reused on the tangle explorer and try to brute force the private key since they already know part of it.
Another male feminist gets accused of sexual assault. The kicker? he was the founder of Study of Men and Masculinities at Stony Brook. The university that was recommended to braincels after the quarantine. (653 points, 283 comments)
January 8th, 2018: NEO meetup with Zeepin, DeepBrain & QRC in Dublin Source: https://www.meetup.com/NeoDublin/events/246018199 January 10th, 2018: NEO meetup with COZ & QLink in London Source: https://www.meetup.com/London-NEO-Meetup/events/246074086/ January 12th, 2018: NEO meetup with Zeepin, OKWave & DeepBrain in Hamburg Source: https://www.meetup.com/Bitcoins-And-Emerging-Tech-That-Changes-The-World/events/243541717/ January 13th, 2018: NEO meetup with NEX, Moonlight, QLink, Zeepin, DeepBrain, OKWave & QRC in Amsterdam Source: http://amsterdam.neonewstoday.com/ January 17th, 2018: NEO attending Blockchain Innovation conference in Seoul Source: http://gametoc.hankyung.com/news/articleView.html?idxno=46335 January 20th, 2018: NEO Meetup in Vienna Source: https://metalab.at/wiki/NEO_Blockchain_Meetup January 25th, 2018: COZ dApps competition: submission open Source: http://cityofzion.io/dapps/2 January 30th - 31st, 2018: NEO Devcon in San Francisco, Silicon Valley Source: http://devcon.neo.org/ February 25th, 2018: COZ dApps competition: submission deadline Source: http://cityofzion.io/dapps/2 March 15th, 2018: Deadline for NEO Sponsor Giveback Source: https://neo.org/blog/details/3046 March 31st, 2018: Deadline for 1st NEO Dev Competition Source: https://neo.org/competition.html
Today: NEO meetup with Zeepin, OKWave & DeepBrain in Hamburg Source: https://www.meetup.com/Bitcoins-And-Emerging-Tech-That-Changes-The-World/events/243541717/ January 13th, 2018: NEO meetup with NEX, Moonlight, QLink, Zeepin, DeepBrain, OKWave & QRC in Amsterdam Source: http://amsterdam.neonewstoday.com/ January 13th, 2018: NEO Programming Day 1 in Shanghai Source: http://www.huodongxing.com/event/3420981153400 January 17th, 2018: NEO attending Blockchain Innovation conference in Seoul Source: http://gametoc.hankyung.com/news/articleView.html?idxno=46335 January 20th, 2018: NEO Meetup in Vienna Source: https://metalab.at/wiki/NEO_Blockchain_Meetup January 25th, 2018: COZ dApps competition: submission open Source: http://cityofzion.io/dapps/2 January 30th - 31st, 2018: NEO Devcon in San Francisco, Silicon Valley Source: http://devcon.neo.org/ February 25th, 2018: COZ dApps competition: submission deadline Source: http://cityofzion.io/dapps/2 March 15th, 2018: Deadline for NEO Sponsor Giveback Source: https://neo.org/blog/details/3046 March 31st, 2018: Deadline for 1st NEO Dev Competition Source: https://neo.org/competition.html
Today: NEO Blockchain Programming Day, Shanghai Source: http://www.huodongxing.com/event/2418409150100 December 31st, 2017: Deadline for Sign-up Invitation to NEO DevCon Source: https://neo.org/blog/details/3048 January 8th, 2018: NEO meetup with Zeepin, DeepBrain & QRC in Dublin Source: https://www.meetup.com/NeoDublin/events/246018199 January 10th, 2018: NEO meetup with COZ & QLink in London Source: https://www.meetup.com/London-NEO-Meetup/events/246074086/ January 12th, 2018: NEO meetup with Zeepin, OKWave & DeepBrain in Hamburg Source: https://www.meetup.com/Bitcoins-And-Emerging-Tech-That-Changes-The-World/events/243541717/ January 13th, 2018: NEO meetup with NEX, Moonlight, QLink, Zeepin, DeepBrain, OKWave & QRC in Amsterdam Source: http://amsterdam.neonewstoday.com/ January 20th, 2018: NEO Meetup in Vienna Source: https://metalab.at/wiki/NEO_Blockchain_Meetup January 25th, 2018: COZ dApps competition: submission open Source: http://cityofzion.io/dapps/2 January 30th - 31st, 2018: NEO Devcon in San Francisco, Silicon Valley Source: http://devcon.neo.org/ February 25th, 2018: COZ dApps competition: submission deadline Source: http://cityofzion.io/dapps/2 March 15th, 2018: Deadline for NEO Sponsor Giveback Source: https://neo.org/blog/details/3046 March 31st, 2018: Deadline for 1st NEO Dev Competition Source: https://neo.org/competition.html
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