Bitcoin Tutorial - Tutorialspoint

Technical Questions: Mac Nodes & Servers

Hi guys, I posted this over at BitcoinBeginners but it hasn’t received a lot of useful input. I’ve read the FAQ there and searched around the web for answers, but could really use your help.
I have a dedicated 2011 MacBook Pro running High Sierra that I’d like to use in support of Bitcoin. So far, I have installed and verified GPG Suite and Bitcoin Core following instructions from bitcoin.orf. It is now synced, and I hope to add block explorer, a lightning node, and an electrum server. Once complete, I’d like to create some tutorials and guides to help others who have old Macs, since there is already a lot of good info for Windows and Linux.
I found this guide on Medium talking about Power Node Launcher, but it’s doesn’t have the same emphasis on security as the other tools I’ve setup. Before taking next steps, I’d like input from the community on the order of steps and trusted sources for installing the aforementioned programs.
If there is anything else I can do with my computer and bandwidth to help Bitcoin, please let me know. Specifically, if I am able to setup a lightning node, would it help if I stored some bitcoin on it to support transactions? Should I setup a slow simple mining program or run an older ASIC miner that is not part of a pool just to help diversify the network? Should I setup a satellite connection as Andreas suggested in one of his older videos? Thanks for your input.
submitted by itfwg to Bitcoin [link] [comments]

[ANN][ANDROID MINING][AIRDROP] NewEnglandcoin: Scrypt RandomSpike

New England
New England 6 States Songs: https://www.reddit.com/newengland/comments/er8wxd/new_england_6_states_songs/
NewEnglandcoin
Symbol: NENG
NewEnglandcoin is a clone of Bitcoin using scrypt as a proof-of-work algorithm with enhanced features to protect against 51% attack and decentralize on mining to allow diversified mining rigs across CPUs, GPUs, ASICs and Android phones.
Mining Algorithm: Scrypt with RandomSpike. RandomSpike is 3rd generation of Dynamic Difficulty (DynDiff) algorithm on top of scrypt.
1 minute block targets base difficulty reset: every 1440 blocks subsidy halves in 2.1m blocks (~ 2 to 4 years) 84,000,000,000 total maximum NENG 20000 NENG per block Pre-mine: 1% - reserved for dev fund ICO: None RPCPort: 6376 Port: 6377
NewEnglandcoin has dogecoin like supply at 84 billion maximum NENG. This huge supply insures that NENG is suitable for retail transactions and daily use. The inflation schedule of NengEnglandcoin is actually identical to that of Litecoin. Bitcoin and Litecoin are already proven to be great long term store of value. The Litecoin-like NENG inflation schedule will make NewEnglandcoin ideal for long term investment appreciation as the supply is limited and capped at a fixed number
Bitcoin Fork - Suitable for Home Hobbyists
NewEnglandcoin core wallet continues to maintain version tag of "Satoshi v0.8.7.5" because NewEnglandcoin is very much an exact clone of bitcoin plus some mining feature changes with DynDiff algorithm. NewEnglandcoin is very suitable as lite version of bitcoin for educational purpose on desktop mining, full node running and bitcoin programming using bitcoin-json APIs.
The NewEnglandcoin (NENG) mining algorithm original upgrade ideas were mainly designed for decentralization of mining rigs on scrypt, which is same algo as litecoin/dogecoin. The way it is going now is that NENG is very suitable for bitcoin/litecoin/dogecoin hobbyists who can not , will not spend huge money to run noisy ASIC/GPU mining equipments, but still want to mine NENG at home with quiet simple CPU/GPU or with a cheap ASIC like FutureBit Moonlander 2 USB or Apollo pod on solo mining setup to obtain very decent profitable results. NENG allows bitcoin litecoin hobbyists to experience full node running, solo mining, CPU/GPU/ASIC for a fun experience at home at cheap cost without breaking bank on equipment or electricity.
MIT Free Course - 23 lectures about Bitcoin, Blockchain and Finance (Fall,2018)
https://www.youtube.com/playlist?list=PLUl4u3cNGP63UUkfL0onkxF6MYgVa04Fn
CPU Minable Coin Because of dynamic difficulty algorithm on top of scrypt, NewEnglandcoin is CPU Minable. Users can easily set up full node for mining at Home PC or Mac using our dedicated cheetah software.
Research on the first forked 50 blocks on v1.2.0 core confirmed that ASIC/GPU miners mined 66% of 50 blocks, CPU miners mined the remaining 34%.
NENG v1.4.0 release enabled CPU mining inside android phones.
Youtube Video Tutorial
How to CPU Mine NewEnglandcoin (NENG) in Windows 10 Part 1 https://www.youtube.com/watch?v=sdOoPvAjzlE How to CPU Mine NewEnglandcoin (NENG) in Windows 10 Part 2 https://www.youtube.com/watch?v=nHnRJvJRzZg
How to CPU Mine NewEnglandcoin (NENG) in macOS https://www.youtube.com/watch?v=Zj7NLMeNSOQ
Decentralization and Community Driven NewEnglandcoin is a decentralized coin just like bitcoin. There is no boss on NewEnglandcoin. Nobody nor the dev owns NENG.
We know a coin is worth nothing if there is no backing from community. Therefore, we as dev do not intend to make decision on this coin solely by ourselves. It is our expectation that NewEnglandcoin community will make majority of decisions on direction of this coin from now on. We as dev merely view our-self as coin creater and technical support of this coin while providing NENG a permanent home at ShorelineCrypto Exchange.
Twitter Airdrop
Follow NENG twitter and receive 100,000 NENG on Twitter Airdrop to up to 1000 winners
Graphic Redesign Bounty
Top one award: 90.9 million NENG Top 10 Winners: 500,000 NENG / person Event Timing: March 25, 2019 - Present Event Address: NewEnglandcoin DISCORD at: https://discord.gg/UPeBwgs
Please complete above Twitter Bounty requirement first. Then follow Below Steps to qualify for the Bounty: (1) Required: submit your own designed NENG logo picture in gif, png jpg or any other common graphic file format into DISCORD "bounty-submission" board (2) Optional: submit a second graphic for logo or any other marketing purposes into "bounty-submission" board. (3) Complete below form.
Please limit your submission to no more than two total. Delete any wrongly submitted or undesired graphics in the board. Contact DISCORD u/honglu69#5911 or u/krypton#6139 if you have any issues.
Twitter Airdrop/Graphic Redesign bounty sign up: https://goo.gl/forms/L0vcwmVi8c76cR7m1
Milestones
Roadmap
NENG v1.4.0 Android Mining, randomSpike Evaluation https://github.com/ShorelineCrypto/NewEnglandCoin/releases/download/NENG_2020_Q3_report/NENG_2020_Q3_report.pdf
RandomSpike - NENG core v1.3.0 Hardfork Upgrade Proposal https://github.com/ShorelineCrypto/NewEnglandCoin/releases/download/2020Q1_Report/Scrypt_RandomSpike_NENGv1.3.0_Hardfork_Proposal.pdf
NENG Security, Decentralization & Valuation
https://github.com/ShorelineCrypto/NewEnglandCoin/releases/download/2019Q2_report/NENG_Security_Decentralization_Value.pdf
Whitepaper v1.0 https://github.com/ShorelineCrypto/NewEnglandCoin/releases/download/whitepaper_v1.0/NENG_WhitePaper.pdf
DISCORD https://discord.gg/UPeBwgs
Explorer
http://www.findblocks.com/exploreNENG http://86.100.49.209/exploreNENG http://nengexplorer.mooo.com:3001/
Step by step guide on how to setup an explorer: https://github.com/ShorelineCrypto/nengexplorer
Github https://github.com/ShorelineCrypto/NewEnglandCoin
Wallet
Android with UserLand App (arm64/armhf), Chromebook (x64/arm64/armhf): https://github.com/ShorelineCrypto/NewEnglandCoin/releases/tag/v1.4.0.5
Linux Wallet (Ubuntu/Linux Mint, Debian/MX Linux, Arch/Manjaro, Fedora, openSUSE): https://github.com/ShorelineCrypto/NewEnglandCoin/releases/tag/v1.4.0.3
MacOS Wallet (10.11 El Capitan or higher): https://github.com/ShorelineCrypto/NewEnglandCoin/releases/tag/v1.4.0.2
Android with GNUroot on 32 bits old Phones (alpha release) wallet: https://github.com/ShorelineCrypto/NewEnglandCoin/releases/tag/v1.4.0
Windows wallet: https://github.com/ShorelineCrypto/NewEnglandCoin/releases/tag/v1.3.0.1
addnode ip address for the wallet to sync faster, frequently updated conf file: https://github.com/ShorelineCrypto/cheetah_cpumineblob/mastenewenglandcoin.conf-example
How to Sync Full Node Desktop Wallet https://www.reddit.com/NewEnglandCoin/comments/er6f0q/how_to_sync_full_node_desktop_wallet/
TWITTER https://twitter.com/newenglandcoin
REDDIT https://www.reddit.com/NewEnglandCoin/
Cheetah CPU Miner Software https://github.com/ShorelineCrypto/cheetah_cpuminer
Solo Mining with GPU or ASIC https://bitcointalk.org/index.php?topic=5027091.msg52187727#msg52187727
How to Run Two Full Node in Same Desktop PC https://bitcointalk.org/index.php?topic=5027091.msg53581449#msg53581449
ASIC/GPU Mining Pools Warning to Big ASIC Miners Due to DynDiff Algo on top of Scrypt, solo mining is recommended for ASIC/GPU miners. Further more, even for mining pools, small mining pool will generate better performance than big NENG mining pool because of new algo v1.2.x post hard fork.
The set up configuration of NENG for scrypt pool mining is same as a typical normal scrypt coin. In other word, DynDiff on Scrypt algo is backward compatible with Scrypt algo. Because ASIC/GPU miners rely on CPU miners for smooth blockchain movement, checkout bottom of "Latest News" section for A WARNING to All ASIC miners before you decide to dump big ASIC hash rate into NENG mining.
(1) Original DynDiff Warning: https://bitcointalk.org/index.php?topic=5027091.msg48324708#msg48324708 (2) New Warning on RandomSpike Spike difficulty (244k) introduced in RandomSpike served as roadblocks to instant mining and provide security against 51% attack risk. However, this spike difficulty like a roadblock that makes big ASIC mining less profitable. In case of spike block to be mined, the spike difficulty immediately serve as base difficulty, which will block GPU/ASIC miners effectively and leave CPU cheetah solo miners dominating mining almost 100% until next base difficulty reset.
FindBlocks http://findblocks.com/
CRpool http://crpool.xyz/
Cminors' Pool http://newenglandcoin.cminors-pool.com/
SPOOL https://spools.online/
Exchange
📷
https://shorelinecrypto.com/
Features: anonymous sign up and trading. No restriction or limit on deposit or withdraw.
The trading pairs available: NewEnglandcoin (NENG) / Dogecoin (DOGE)
Trading commission: A round trip trading will incur 0.10% trading fees in average. Fees are paid only on buyer side. buy fee: 0.2% / sell fee: 0% Deposit fees: free for all coins Withdraw fees: ZERO per withdraw. Mining fees are appointed by each coin blockchain. To cover the blockchain mining fees, there is minimum balance per coin per account: * Dogecoin 2 DOGE * NewEnglandcoin 1 NENG
Latest News Aug 30, 2020 - NENG v1.4.0.5 Released for Android/Chromebook Upgrade with armhf, better hardware support https://bitcointalk.org/index.php?topic=5027091.msg55098029#msg55098029
Aug 11, 2020 - NENG v1.4.0.4 Released for Android arm64 Upgrade / Chromebook Support https://bitcointalk.org/index.php?topic=5027091.msg54977437#msg54977437
Jul 30, 2020 - NENG v1.4.0.3 Released for Linux Wallet Upgrade with 8 Distros https://bitcointalk.org/index.php?topic=5027091.msg54898540#msg54898540
Jul 21, 2020 - NENG v1.4.0.2 Released for MacOS Upgrade with Catalina https://bitcointalk.org/index.php?topic=5027091.msg54839522#msg54839522
Jul 19, 2020 - NENG v1.4.0.1 Released for MacOS Wallet Upgrade https://bitcointalk.org/index.php?topic=5027091.msg54830333#msg54830333
Jul 15, 2020 - NENG v1.4.0 Released for Android Mining, Ubuntu 20.04 support https://bitcointalk.org/index.php?topic=5027091.msg54803639#msg54803639
Jul 11, 2020 - NENG v1.4.0 Android Mining, randomSpike Evaluation https://bitcointalk.org/index.php?topic=5027091.msg54777222#msg54777222
Jun 27, 2020 - Pre-Announce: NENG v1.4.0 Proposal for Mobile Miner Upgrade, Android Mining Start in July 2020 https://bitcointalk.org/index.php?topic=5027091.msg54694233#msg54694233
Jun 19, 2020 - Best Practice for Futurebit Moonlander2 USB ASIC on solo mining mode https://bitcointalk.org/index.php?topic=5027091.msg54645726#msg54645726
Mar 15, 2020 - Scrypt RandomSpike - NENG v1.3.0.1 Released for better wallet syncing https://bitcointalk.org/index.php?topic=5027091.msg54030923#msg54030923
Feb 23, 2020 - Scrypt RandomSpike - NENG Core v1.3.0 Relased, Hardfork on Mar 1 https://bitcointalk.org/index.php?topic=5027091.msg53900926#msg53900926
Feb 1, 2020 - Scrypt RandomSpike Proposal Published- NENG 1.3.0 Hardfork https://bitcointalk.org/index.php?topic=5027091.msg53735458#msg53735458
Jan 15, 2020 - NewEnglandcoin Dev Team Expanded with New Kickoff https://bitcointalk.org/index.php?topic=5027091.msg53617358#msg53617358
Jan 12, 2020 - Explanation of Base Diff Reset and Effect of Supply https://www.reddit.com/NewEnglandCoin/comments/envmo1/explanation_of_base_diff_reset_and_effect_of/
Dec 19, 2019 - Shoreline_tradingbot version 1.0 is released https://bitcointalk.org/index.php?topic=5121953.msg53391184#msg53391184
Sept 1, 2019 - NewEnglandcoin (NENG) is Selected as Shoreline Tradingbot First Supported Coin https://bitcointalk.org/index.php?topic=5027091.msg52331201#msg52331201
Aug 15, 2019 - Mining Update on Effect of Base Difficulty Reset, GPU vs ASIC https://bitcointalk.org/index.php?topic=5027091.msg52169572#msg52169572
Jul 7, 2019 - CPU Mining on macOS Mojave is supported under latest Cheetah_Cpuminer Release https://bitcointalk.org/index.php?topic=5027091.msg51745839#msg51745839
Jun 1, 2019 - NENG Fiat project is stopped by Square, Inc https://bitcointalk.org/index.php?topic=5027091.msg51312291#msg51312291
Apr 21, 2019 - NENG Fiat Project is Launched by ShorelineCrypto https://bitcointalk.org/index.php?topic=5027091.msg50714764#msg50714764
Apr 7, 2019 - Announcement of Fiat Project for all U.S. Residents & Mobile Miner Project Initiation https://bitcointalk.org/index.php?topic=5027091.msg50506585#msg50506585
Apr 1, 2019 - Disclosure on Large Buying on NENG at ShorelineCrypto Exchange https://bitcointalk.org/index.php?topic=5027091.msg50417196#msg50417196
Mar 27, 2019 - Disclosure on Large Buying on NENG at ShorelineCrypto Exchange https://bitcointalk.org/index.php?topic=5027091.msg50332097#msg50332097
Mar 17, 2019 - Disclosure on Large Buying on NENG at ShorelineCrypto Exchange https://bitcointalk.org/index.php?topic=5027091.msg50208194#msg50208194
Feb 26, 2019 - Community Project - NewEnglandcoin Graphic Redesign Bounty Initiated https://bitcointalk.org/index.php?topic=5027091.msg49931305#msg49931305
Feb 22, 2019 - Dev Policy on Checkpoints on NewEnglandcoin https://bitcointalk.org/index.php?topic=5027091.msg49875242#msg49875242
Feb 20, 2019 - NewEnglandCoin v1.2.1 Released to Secure the Hard Kork https://bitcointalk.org/index.php?topic=5027091.msg49831059#msg49831059
Feb 11, 2019 - NewEnglandCoin v1.2.0 Released, Anti-51% Attack, Anti-instant Mining after Hard Fork https://bitcointalk.org/index.php?topic=5027091.msg49685389#msg49685389
Jan 13, 2019 - Cheetah_CpuMiner added support for CPU Mining on Mac https://bitcointalk.org/index.php?topic=5027091.msg49218760#msg49218760
Jan 12, 2019 - NENG Core v1.1.2 Released to support MacOS OSX Wallet https://bitcointalk.org/index.php?topic=5027091.msg49202088#msg49202088
Jan 2, 2019 - Cheetah_Cpuminer v1.1.0 is released for both Linux and Windows https://bitcointalk.org/index.php?topic=5027091.msg49004345#msg49004345
Dec 31, 2018 - Technical Whitepaper is Released https://bitcointalk.org/index.php?topic=5027091.msg48990334#msg48990334
Dec 28, 2018 - Cheetah_Cpuminer v1.0.0 is released for Linux https://bitcointalk.org/index.php?topic=5027091.msg48935135#msg48935135
Update on Dec 14, 2018 - NENG Blockchain Stuck Issue https://bitcointalk.org/index.php?topic=5027091.msg48668375#msg48668375
Nov 27, 2018 - Exclusive for PC CPU Miners - How to Steal a Block from ASIC Miners https://bitcointalk.org/index.php?topic=5027091.msg48258465#msg48258465
Nov 28, 2018 - How to CPU Mine a NENG block with window/linux PC https://bitcointalk.org/index.php?topic=5027091.msg48298311#msg48298311
Nov 29, 2018 - A Warning to ASIC Miners https://bitcointalk.org/index.php?topic=5027091.msg48324708#msg48324708
Disclosure: Dev Team Came from ShorelineCrypto, a US based Informatics Service Business offering Fee for service for Coin Creation, Coin Exchange Listing, Blockchain Consulting, etc.
submitted by honglu69 to NewEnglandCoin [link] [comments]

A brief of QRL

Quantum Resistant Ledger(QRL)is a blockchain network which is designed to resist quantum attacks. The founder of QRL, Peter Waterland is one of the earliest group of people who have worryies about the safty of Bitcoin, Etherreum and other blockchain network which use ECDSA or similar algorithums.
With the developement of the quantum computing technologies, the encryption algorithums of these cryptocurrencies will have no effect someday in the future for sure.
QRL figured out a way to slove this problem, it uses a hash-based eXtended Merkle Tree Signature Scheme (XMSS) to encrypt the message. To make a long story short, QRL utilitize the cryptographic method with minimum security requreiment that rely only upon on the collision resistance of cryptographic hash function. the hash-based digital signature scheme is generated from such function. Such signartue is called one time signatures(OTS), which could only be safely used for one time in encrypt the message, so for each address QRL use many OTS which is generated by a binary hash tree, also know as Merkle Tree.
QRL is programmed with python and The total amount of QRL token is 105,000,000. Now the QRL ranked No. 62 in miningpoolstatus.stream. It also allows developers to easily build applications on its platform.
Official Website: https://theqrl.org/
Block Browser: https://explorer.theqrl.org/
Mining software: Xmirg
Operating system: Windows, Linux
Mining equipment: CPU
Mining tutorial: https://www.dxpool.com/help/en/qrl-mining-tutorial
submitted by DxPool-official to QRL [link] [comments]

GPU Mining Crash Course - START HERE!

Welcome All to the GPUMining Crash Course!
With the increase in prices in cryptocurrency, a lot of people are getting back into mining and a lot of people are brand new to the concept overall. So, I quickly wrote this crash course to help you understand what to expect and how to successfully mine your first cryptocurrency. This crash course isn't gonna have all of the fluff you'd see in a normal publication. This is just everything you need to know to get up and running on your first cryptocurrency mining rig.

What is cryptocurrency mining?

One of the main things about cryptocurrencies is that they are "decentralized". Sounds great, but WTF does that even mean? Well, the easiest way to explain it is...
You know how if you want to send your friend/family money digitally, you can do so through your bank. Your bank likely takes a transaction fee and in a few days they will transfer the money. Since cryptocurrencies are decentralized, they don't have a bank or organization to fulfill the transfer of money. Instead, they outsource the computing power of their cryptocurrency network to miners (soon to be you). These miners are verifying transactions, securing the blockchain, and powering the cryptocurrency's specific network among other things. As an incentive, the miners collect transaction fees on the transactions that they verify and collect block rewards while new currency is still being introduced into the ecosystem.

What kind of rig should I build?

You can mine cryptocurrencies using your CPU, GPU, FPGA, or ASIC, but this is a GPU Mining subreddit, so I will cater this to GPUs.
For building a great all-around GPU rig, there are two models of GPUs that I'd recommend:
Both of these GPUs have solid hashrates across most mining algorithms and for a decent price! You should be able to find both of these kinds of GPUs used for around $200-$250 each, which is a great price if you know what happened during the last mining craze! ($200 GPUs were out of stock everywhere and people were reselling them for $600+ each)
There are also plenty of great AMD GPUs for mining, but I've worked mostly with Nvidia so that's why both of my recommendations are Nvidia and not AMD.
Other parts to your rig that you'll need are listed below. Most of these can be pieces of crap and are just needed to make the rig actually run, but the one spot you DON'T want to cheap out on is the power supply unit. A decent power supply unit will keep your home from burning down while also keeping your rigs up and running smoothly. Here are my recommendations:

She's built, now what?

Now you need to do a few things. I am a Windows miner, so I will be speaking to Windows here:
  1. Update Windows - Do all of the updates. Just do it.
  2. Update Drivers - Go to the EVGA website and download GeForce experience. It will keep your GPU drivers up to date.
  3. Go to Windows Device Manager and make sure all of your GPUs show up under "Display Adapters". If it is there, but it isn't showing the Name/Model of the GPU as the name, right click it and select "Update Driver". This should fix it.
Assuming you've done all of this, you're ready to download a mining application.

Mining Software

There are tons to choose from! Claymore, Phoenix, EWBF, LolMiner, etc... It can be overwhelming pretty quickly since they all have different algorithm support, speeds, efficiencies, and a whole lot more. On top of that, in order to get them running you need to set up batch files to call the proper exe, point you to the correct pool, and a whole bunch of other stuff that can be confusing to a new user. Not to mention, you will probably need a separate miner, config file, batch file, etc. for each different algorithm that you're interested in mining on.
Instead, I recommend that you download a miner management software that will take care of most of this tedious work for you. There are a few in the sidebar, but the /GPUMining favorite is AIOMiner. It was developed by our very own community member, xixspiderxix with the intention of making mining as easy as possible to do and without any fees. It supports over 100 different algorithms, so you'll be able to mine nearly ANY cryptocurrency you'd like. Just download it from their website and it will take you through a quick tutorial to help you get set up! You can also connect your rig to their website for remote monitoring and control. You've probably seen a few of their posts around this subreddit.
Other Windows mining softwares include:
Note: Many mining softwares have fees built into them. Most are around 1%, but can go as high as 5% or greater! You want a mining software with little or no fees at all so that you get to keep as much cryptocurrency as possible. These fees aren't something you actively pay, the software will automatically take it by mining on the developers behalf for a given amount of time and then switching back to mining on your own behalf. So, please be diligent in the software that you evaluate and make sure it is reputable.

I keep hearing about NiceHash. What is that?

The asshole of the mining industry. Jk, but not really.
NiceHash is a software program that allows you to sell your rig's hashing power to someone on their marketplace. They market themselves as profitable mining, but you're not really mining. You're selling your power in exchange for Bitcoin.
They did a great job telling people that with them, you're always mining the most profitable coin, but that's just not true. Since it is a mining marketplace, they make you mine whatever their most expensive contract is. If their contracts are below market prices, then you're not operating as efficiently and profitably as you could be.
NiceHash also has a sketchy history, which continues to this day. In 2017, they were hacked and lost $65M worth of Bitcoin. No one got paid out for MONTHS and many of their executives conveniently resigned. Their platform is also used to destroy cryptocurrencies. Since people are able to purchase mining power on their platform, people have used their platform to purchase enough mining power to control individual cryptocurrencies and duplicate coins, which increased the malicious user's wealth while completely destroying the integrity of the coin's blockchain. HoriZEN (formerly ZenCash), Ethereum Classic, and many other great cryptocurrencies have been the victim of NiceHash's platform.
For this and many other reasons, we highly recommend that you stay AWAY from Nicehash. We understand that it is extremely easy to use and you get paid in bitcoin, but they are destroying the industry with their greed and lack of motivation to change their platform for the protection of cryptocurrencies.

Concluding Thoughts

This is pretty much everything you need to know to get started. We covered the hardware, setting up the software, which software to use, and AIOMiner's tutorial will get you up to speed on how to actually mine the cryptocurrency that you want better than I can explain it, so I'll leave that part to them.
If you have any questions on this crash course, please leave a comment below where myself and other community members will be able to help you out.
submitted by The_Brutally_Honest to gpumining [link] [comments]

Your guide to NYZO

NYZO is the highly efficient Proof-of-Diversity (PoD) blockchain for everyday spending.
NYZO has been developed from the ground up, it is an open-source initiative and isn't a copy of any existing blockchain project.
The network has been running for more then one year now and the source code can be found on GitHub. The NYZO codebase is going to start acting as an API server. This will be run-mode dependent, just like the various web server functions that are available now. It will interact with the mesh on one side and whatever it needs to interact with on the other side.
Developers update NYZO all the time with fixes and performance and stability improvements. Every update which has been created for the network so far has been accompanied by a release note, a detailed document detailing every change to the network to make it better.
We can find these release notes on the website of the developers: What's new? - as you can see, the network has been worked on on a regular basis and each release note is multiple pages long - developers are dedicated to making this a success and this is their testament.
Whitepaper 
Proof-of-Diversity (PoD) consensus mechanism requires active participation in the form of time and verifier behaviour in the blockchain to be allowed to exert a certain influence on the system as a whole. The Proof-of-Diversity blockchain uses verification cycles to establish the authoritative form of the blockchain. The basic concept of proof-of-diversity is simple. Verifiers take turns producing blocks in a circular order. Some simple rules ensure that verifiers are neither added to nor removed from that circular order too quickly. In order to produce a believable forgery of the blockchain for any meaningful amount of time, an attacker would need to obtain more than half of the private keys of verifiers currently working on the blockchain. The design and technology are simple and clearly explained in NYZO whitepaper. This document was created in the very beginning and it might not cover all aspects as it should, the release notes make up for this.
Still too lazy and didn't read NYZO whitepaper? Relax, and listen to the soothing audio version.
Verifier 
Mesh (cycle) participants are called verifiers. Verifiers are in charge of verifying transactions and producing blocks. In exchange for securing the network, verifiers collect transaction fees which are distributed fairly among all of them. Each verifier gets a chance to verify one block in one mesh cycle. NYZO don't need mining equipment and large amounts of processing power like others, only unique IP address and always on Linux VPS is required.
Sentinel 
The purpose of the NYZO Sentinel is to provide improve stability of the cycle by producing blocks for in-cycle verifiers that are unable to produce blocks due to temporary hardware and network issues. The Sentinel should not be run on an instance that is running the verifier. The NYZO sentinel is a seperate version of the nyzoVerifier designed to protect your in-cycle verifiers. Its job is to constantly check up on your verifiers. If one of them is unresponsive, the sentinel will initiate communication on behalf of the verifier, this all to ensure future cycle inclusion.
The Mesh (cycle) 
is simply a network of computers known as verifiers all running NYZO and communicating information to each other. The Mesh (cycle) is a central point of PoD system. For securing the Mesh these computers are given 10% reward of transaction fees for each block they secure.
Check your NYZO verifier status, search for your nickname or IP
Newcomers can sometimes get confused with how Nyzo verifier lifecycle works in practice or how to join the cycle.
Block files 
One part of the consensus algorithm is the block consolidation process which ensures that a small machine such as a Rock64 Pro or a beefy Raspberry Pi can run a NYZO verifier with little storage space. 1000 blocks are consolidated into 500 Kb of storage space. Very efficient.
51% attack resistance and energy efficiency 
NYZO has a properly designed economic model that relies on time. Therefore, the cost for 51% attacks (relative to market cap) is huge, there is ongoing incentive to participate in the network, and attacks based on computing power (PoW) or ownership of token (PoS) aren't feasible. NYZO uses only a tiny fraction of Bitcoin’s resources while performing the same tasks. 58 000 000 000 kwH - 58 TWh : current BTC power cons. per year vs 36500 kwH - 0.0000365 TWh : current NYZO power cons. per year = 1,589,041 times more efficient and 51% attack resistant.
Roadmap 
NYZO developers have been asked many times for a roadmap. The roadmap is to keep making the code more stable, more robust, and more efficient.
Nyzo development: 15 months of hard work (and beyond)
Scalability 
NYZO doesn’t require any Layer 2 scaling solutions and is able to handle high transaction volumes per second which is only dependent on the performance of the verifiers in the mesh. The block time is 7 seconds and block size is 28 Kb.
Micropay is a lightweight way of using NYZO that shifts as much burden as possible to the person receiving the payment to make it as easy as possible for someone to send small payments. Next step is an API server for Micropay.
Useful guides and articles 
2k verifiers/nodes are in the cycle and 24k verifiers are patiently waiting to join the mesh/cycle. Following video tutorials will explain in detail how to set up your own NYZO mesh verifier node. For more information about set up visit Nyzo DISCORD.
VIDEO TUTORIAL - How to setup a NYZO verifier and sentinel on a VPS - video tutorial from Refortuna Analytics
VIDEO TUTORIAL - How to set up a Nyzo Verifier on Hetzner - from community website Nyzo.io
Nyzo review and guide how to set up verifier - very detailed review and guide by MyAltcoins.info
Nyzo - Time and diversity as a currency (+ 4 translations here) This article goes into detail about the consensus algorithm and its benefits, it sketches a hypothetical attack scenario and the cost of an attack at this point in time (while the market cap is still low).
Arguments against early entrants This article goes into detail about the early stages of the project, what has happened, how certain events have unfolded and the diversity of the project, it creates a parallel between Bitcoin and NYZO to cover an important aspect of the network in detail.
Time An article going deeper into the time aspect of the network, written by a community member
Ethereum An article comparing NYZO’s consensus algorithm to the development state of Ethereum, written by the same user as the article above.
Bitcoin Yet again an article comparing NYZO, this time with Bitcoin.
Proof of Diversity - A novel solution for limitless blockchain scalability | Micky.com.au
Thoughts on Tor and Nyzo
Developer fund 
The initial developer fund plan can be found here, this has been followed up and the details have changed. The developers effectively own 0.6% of the total supply. So far around 11 million has been “mined” and the remainder is spendable by the network through governed voting, with a minimum amount of votes required for NYZO to be released (51% of the network needs to agree).
IMPORTANT LINKS: 
Official website
Nyzo mobile wallet for Android phones on Google Play - Multilingual support (EN, DE, CN, ES, FR, RU, NL, HR) - developed by ThreeDots Technologies
Nyzo key tool and Web wallet
Nyzo Space - Paper wallet - developed by Angainor Dev
Nyzo DISCORD - There are currently 1600 active members and developers in the discord group with multiple joining every day. Most of the community communicates here. Here is where you’re guaranteed to have a one-on-one with the developers.
GitHub
New Community Forum website (You can get here lots of useful information. If you are ready to build for Nyzo and get paid, please read this article... Nyzo and its protocol which facilitates building)
Chinese Community website NYZO社区
Nyzo Twitter
Nyzo Gang Twitter
Facebook
Telegram
Instagram
Tumblr
Reddit
Bitcointalk
Weibo
QQ: 1007477423
Zedge
NYZO wallpapers for desktop and mobile devices
Trading: 
qTrade
BILAXY
Hotbit
QBTC
Citex
BiHodl


https://preview.redd.it/brh7hm2n6m241.png?width=2560&format=png&auto=webp&s=8d8b45235fcc34200bcad5603249ae49a89c2612
submitted by Mobilenewsflash to CryptoMoonShots [link] [comments]

What is NYZO?

What is NYZO?
NYZO is a highly efficient Proof-of-Diversity (PoD) blockchain for everyday spending.
NYZO has been developed from the ground up, it is an open-source initiative and isn't a copy of any existing blockchain project.
The network has been running for more than one year now and the source code can be found on GitHub. The NYZO codebase is going to start acting as an API server. This will be run-mode dependent, just like the various web server functions that are available now. It will interact with the mesh on one side and whatever it needs to interact with on the other side.
Developers update NYZO all the time with fixes and performance and stability improvements. Every update which has been created for the network so far has been accompanied by a release note, a detailed document detailing every change to the network to make it better.
We can find these release notes on the website of the developers: What's new? - as you can see, the network has been worked on a regular basis and each release note is multiple pages long - developers are dedicated to making this a success and this is their testament.
Whitepaper 
Proof-of-Diversity (PoD) consensus mechanism requires active participation in the form of time and verifier behavior in the blockchain to be allowed to exert a certain influence on the system as a whole. The Proof-of-Diversity blockchain uses verification cycles to establish the authoritative form of the blockchain. The basic concept of proof-of-diversity is simple. Verifiers take turns producing blocks in a circular order. Some simple rules ensure that verifiers are neither added to nor removed from that circular order too quickly. In order to produce a believable forgery of the blockchain for any meaningful amount of time, an attacker would need to obtain more than half of the private keys of verifiers currently working on the blockchain. The design and technology are simple and clearly explained in NYZO whitepaper. This document was created in the very beginning and it might not cover all aspects as it should, the release notes make up for this.
Still too lazy and didn't read NYZO whitepaper? Relax, and listen to the soothing audio version.
Verifier 
Mesh (cycle) participants are called verifiers. Verifiers are in charge of verifying transactions and producing blocks. In exchange for securing the network, verifiers collect transaction fees which are distributed fairly among all of them. Each verifier gets a chance to verify one block in one mesh cycle. NYZO don't need mining equipment and large amounts of processing power like others, only unique IP address and always-on Linux VPS is required.
Sentinel 
The purpose of the NYZO Sentinel is to provide improved stability of the cycle by producing blocks for in-cycle verifiers that are unable to produce blocks due to temporary hardware and network issues. The Sentinel should not be run on an instance that is running the verifier. The NYZO sentinel is a separate version of the nyzoVerifier designed to protect your in-cycle verifiers. Its job is to constantly check up on your verifiers. If one of them is unresponsive, the sentinel will initiate communication on behalf of the verifier, this all to ensure future cycle inclusion.
The Mesh (cycle) 
is simply a network of computers known as verifiers all running NYZO and communicating information to each other. The Mesh (cycle) is a central point of PoD system. For securing the Mesh these computers are given a 10% reward of transaction fees for each block they secure.
Check your NYZO verifier status, search for your nickname or IP
Newcomers can sometimes get confused with how Nyzo verifier lifecycle works in practice or how to join the cycle.
Block files 
One part of the consensus algorithm is the block consolidation process which ensures that a small machine such as a Rock64 Pro or a beefy Raspberry Pi can run a NYZO verifier with little storage space. 1000 blocks are consolidated into 500 Kb of storage space. Very efficient.
51% attack resistance and energy efficiency 
NYZO has a properly designed economic model that relies on time. Therefore, the cost for 51% attacks (relative to market cap) is huge, there is ongoing incentive to participate in the network, and attacks based on computing power (PoW) or ownership of token (PoS) aren't feasible. NYZO uses only a tiny fraction of Bitcoin’s resources while performing the same tasks. 58 000 000 000 kWh - 58 TWh : current BTC power cons. per year vs 36500 kWh - 0.0000365 TWh : current NYZO power cons. per year = 1,589,041 times more efficient and 51% attack resistant.
Roadmap 
NYZO developers have been asked many times for a roadmap. The roadmap is to keep making the code more stable, more robust, and more efficient.
Nyzo development: 15 months of hard work (and beyond)
Scalability 
NYZO doesn’t require any Layer 2 scaling solutions and is able to handle high transaction volumes per second which is only dependent on the performance of the verifiers in the mesh. The block time is 7 seconds and block size is 28 Kb.
Micropay is a lightweight way of using NYZO that shifts as much burden as possible to the person receiving the payment to make it as easy as possible for someone to send small payments. Next step is an API server for Micropay.
Useful guides and articles 
2k verifiers/nodes are in the cycle and 24k verifiers are patiently waiting to join the mesh/cycle. The following video tutorials will explain in detail how to set up your own NYZO mesh verifier node. For more information about setting up please visit Nyzo DISCORD.
VIDEO TUTORIAL - How to setup a NYZO verifier and sentinel on a VPS - video tutorial from Refortuna Analytics
VIDEO TUTORIAL - How to set up a Nyzo Verifier on Hetzner - from community website Nyzo.io
Nyzo review and guide how to set up verifier - very detailed review and guide by MyAltcoins.info
Nyzo - Time and diversity as a currency (+ 4 translations here) This article goes into detail about the consensus algorithm and its benefits, it sketches a hypothetical attack scenario and the cost of an attack at this point in time (while the market cap is still low).
Arguments against early entrants This article goes into detail about the early stages of the project, what has happened, how certain events have unfolded and the diversity of the project, it creates a parallel between Bitcoin and NYZO to cover an important aspect of the network in detail.
Time An article going deeper into the time aspect of the network, written by a community member
Ethereum An article comparing NYZO’s consensus algorithm to the development state of Ethereum, written by the same user as the article above.
Bitcoin Yet again an article comparing NYZO, this time with Bitcoin.
Proof of Diversity - A novel solution for limitless blockchain scalability | Micky.com.au
Thoughts on Tor and Nyzo
Developer fund 
The initial developer fund plan can be found here, this has been followed up and the details have changed. The developers effectively own 0.6% of the total supply. So far around 11 million has been “mined” and the remainder is spendable by the network through governed voting, with a minimum amount of votes required for NYZO to be released (51% of the network needs to agree).
IMPORTANT LINKS: 
Official website
Nyzo.net
Nyzo.today
Nyzo.io
Nyzo mobile wallet for Android phones on Google Play - Multilingual support (EN, DE, CN, ES, FR, RU, NL, HR) - developed by ThreeDots Technologies
Nyzo key tool and Web wallet
Nyzo Space - Paper wallet - developed by Angainor Dev
Nyzo DISCORD - There are currently 1600 active members and developers in the discord group with multiple joining every day. Most of the community communicates here. Here is where you’re guaranteed to have a one-on-one with the developers.
GitHub
New Community Forum website (You can get here lots of useful information. If you are ready to build for Nyzo and get paid, please read this article... Nyzo and its protocol which facilitates building)
Chinese Community website NYZO社区
Nyzo Twitter
Nyzo Gang Twitter
Facebook
Telegram
Instagram
Tumblr
Reddit
Bitcointalk
Weibo
QQ: 1007477423
WeChat: Nyzo
Zedge
NYZO wallpapers for desktop and mobile devices
Trading: 
qTrade
BILAXY
HOTBIT
QBTC
Citex
BiHodl

https://preview.redd.it/brh7hm2n6m241.png?width=2560&format=png&auto=webp&s=8d8b45235fcc34200bcad5603249ae49a89c2612
submitted by Mobilenewsflash to Nyzo [link] [comments]

The importance of being mindful of security at all times - nearly everyone is one breach away from total disaster

This is a long one - TL;DR at the end!

If you haven't heard yet: BlankMediaGames, makers of Town of Salem, have been breached which resulted in almost 8 million accounts being leaked. For most people, the first reaction is "lol so what it's just a game, why should I really care?" and that is the wrong way to look at it. I'd like to explain why everyone should always care whenever they are part of a breach. I'd also like to talk about some ways game developers - whether they work solo or on a team - can take easy steps to help protect themselves and their customers/players.
First I'd like to state that there is no practical way to achieve 100% solid security to guarantee you'll never be breached or part of a breach. The goal here will be to get as close as possible, or comfortable, so that you can rest easy knowing you can deal with problems when they occur (not if, when).

Why You Should Care About Breaches

The sad reality is most people re-use the same password everywhere. Your email account, your bank account, your steam account, your reddit account, random forums and game websites - you get the idea. If you haven't pieced it together yet the implication is that if anyone gets your one password you use everywhere, it's game over for you - they now own all of your accounts (whether or not they know it yet). Keep in mind that your email account is basically the holy grail of passwords to have. Most websites handle password changes/resets through your email; thus anyone who can login to your email account can get access to pretty much any of your accounts anywhere. Game over, you lose.

But wait, why would anyone want to use my password? I'm nobody!

It doesn't matter, the bad guys sell this information to other bad guys. Bots are used to make as much use of these passwords as possible. If they can get into your bank they might try money transfers. If they get into your Amazon account they might spin up $80,000 worth of servers to mine Bitcoin (or whatever coin is popular at the time). They don't care who you are; it's all automated.
By the way, according to this post (which looks believable enough to be real) this is pretty much how they got into the BMG servers initially. They checked for usernames/emails of admins on the BMG website(s) in previous breach dumps (of which there are many) and found at least one that used the same password on other sites - for their admin account!
If you want to see how many of your accounts are already breached check out Have I Been Pwned - I recommend registering all of your email addresses as well so you get notified of future breaches. This is how I found out about the Town of Salem breach, myself.

How You Can Protect Yourself

Before I go into all the steps you can (and should) take to protect yourself I should note that security is in a constant tug of war with convenience. What this means is that the more security measures you apply the more inconvenienced you become for many tasks. It's up to you to decide how much is too much either way.
First of all I strongly recommend registering your email(s) on https://haveibeenpwned.com/ - this is especially important if your email address is associated to important things like AWS, Steam developer account, bank accounts, social media, etc. You want to know ASAP when an account of yours is compromised so you can take steps to prevent or undo damage. Note that the bad guys have a head start on this!

Passwords

You probably need to have better password hygiene. If you don't already, you need to make sure every account you have uses a different, unique, secure password. You should change these passwords at least once a year. Depending on how many accounts you have and how good your memory is, this is your first big security vs convenience trade-off battle. That's easily solved, though, by using a password manager. You can find a list of password managers on Wikipedia here or you can search around for some comparison articles.
Some notable choices to consider:
Regardless of which one you choose, any of them is 100x better than not using one at all.

Multi-Factor Authentication / Two-Factor Authentication (aka MFA / 2FA)

The problem with all these passwords is that someone can still use them if they are found in a breach. Your passwords are only as strong as the website you use them on. In the case of the BMG breach mentioned above - all passwords were stored in an ancient format which has been insecure for years. It's likely that every single password in the breach can be reversed/cracked, or already have been. The next step you need to take is to make it harder for someone else to login with your password. This is done using Multi-Factor Authentication (or Two-Factor Authentication).
Unfortunately not every website/service supports MFA/2FA, but you should still use it on every single one that does support it. You can check which sites support MFA/2FA here or dig around in account options on any particular site. You should setup MFA/2FA on your email account ASAP! If it's not supported, you need to switch to a provider that does support it. This is more important than your bank account! All of the big email providers support it: GMail, Outlook.com, Yahoo Mail, etc.
The type of MFA/2FA you use depends on what is supported by each site/service, but there is a common approach that is compatible on many of them. Most of them involve phone apps because a phone is the most common and convenient "thing you have" that bad guys (or anyone, really) can't access easily. Time-based One-time Password or TOTP is probably the most commonly used method because it's easy to implement and can be used with many different apps. Google Authenticator was the first popular one, but it has some limitations which continue the security vs convenience battle - namely that getting a new phone is a super huge chore (no backup/restore option - you have to disable and setup each site all over again). Many alternatives support cloud backup which is really convenient, though obviously less secure by some measure.
Notable choices to consider:
Some sites/services use their own app, like Blizzard (battle.net) and Steam, and don't allow you to use other ones. You will probably have a few apps on your phone when all your accounts are setup, but it's worth it. You'll definitely want to enable it on your password manager as well if you chose a cloud-based one.
Don't forget to save backup codes in an actual secure location! If you lose your backup codes and your auth app/physical key you will be locked out of accounts. It's really not fun recovering in that situation. Most recommendations are to print them and put in a fireproof safe, but using some other secure encrypted storage is fine.
There is such a thing as bad MFA/2FA! However, anything is at least better than nothing. A lot of places still use SMS (text messaging) or e-mail for their MFA/2FA implementation. The e-mail one has the most obvious flaw: If someone gets into your email account they have defeated that security measure. The SMS flaws are less obvious and much less likely to affect you, but still a risk: SMS is trivial to intercept (capture data over the air (literally), clone your SIM card data, and some other methods). Still, if you're not a person of interest already, it's still better than nothing.

What Does This Have To Do With GameDev?

Yeah, I do know which subreddit I'm posting in! Here's the section that gets more into things specific to game development (or software development in general).

Secure Your Code

Securing your code actually has multiple meanings here: Securing access to your code, and ensuring your code itself is secure against exploitation. Let's start with access since that's the easier topic to cover!
If you're not already using some form of Source Control Management (SCM) you really need to get on board! I'm not going to go in depth on that as it's a whole other topic to itself, but I'll assume you are using Git or Mercurial (hg) already and hosting it on one of these sites (or a similar one):
First, ensure that you have locked down who can access this code already. If you are using private repositories you need to make sure that the only people who have access are the people who need access (i.e. yourself and your team). Second, everyone should have strong passwords and MFA/2FA enabled on their accounts. If 1 person on the team does not follow good security practices it puts your whole project at risk! So make sure everyone on the team is following along. You can also look into tools to do some auditing and even automate it so that if anyone's account becomes less secure over time (say they turned off MFA one day) they would automatically lose their access.
Additionally you should never commit secrets (passwords, API keys, tokens, social security numbers, etc) to your code repository. Probably 90% of cases where people have their AWS/Google Cloud/Azure accounts compromised and racking up huge bills for bitcoin mining is due to having their passwords/keys stored in their git repo. They either accidentally made it public or someone got access to the private repo through a compromised account. Never store sensitive information in your code repository!
Next topic: Securing your code from vulnerabilities. This one is harder to talk about for game dev as most engines/frameworks are not as susceptible (for lack of a better word) to these situations as others. In a nutshell, you need to keep track of the following:
A lot of these things cannot be solved automatically, unfortunately, but some of it can. If you are using Javascript for your game you likely will be using packages from npm - luckily they (recently) added security auditing for packages. For other languages you can look at tools like Snyk or some other alternatives to audit the libraries you use in your project. Unfortunately none that I know of are aimed at game dev in particular, but it's still important to use these tools when you can. In general, be aware of all of your code dependencies and what impact they can have on your game or your customers if there are security bugs. Impact can range from "can cheat in multiplayer" to "can get IP addresses of all players in the world" or even "can get all information I ever put on my server", etc.
In general you'll want to look into Secure Software Development Lifecycle (commonly SDLC) practices. Microsoft has some information on how they do it.

Secure Your Computer

I'm not going to go in depth on this one because at this point everyone should have a handle on this; if not there are limitless articles, blogs, and videos about the how/what/why. In summary: Keep everything updated, and don't open suspicious links.

Secure Your Website

I will have to add more to this later probably, but again there are tons of good articles, blogs, and videos on these topics. Hopefully the information in this section is enough to get you on the right track - if not feel free to ask for more info. Lots of guides can be found on Digital Ocean's site and they are relevant even if you don't use DO for your servers.
A lot of this will apply to your game servers as well - really any kind of server you expect to setup.

That's it, for now

I ran out of steam while typing this all up after a couple hours, but I may revisit it later to add more info. Feel free to ask any questions about any of these topics and I'll do my best to answer them all.

TL;DR (y u words so much??)

... in general... in general... in general... I sure wrote those 2 words a lot.

Why Should I Trust This Post?

Hopefully I have provided enough information and good links in this post that you can trust the contents to be accurate (or mostly accurate). There is certainly enough information to do some searches on your own to find out how right or wrong I might be about these things.
If you want my appeal to authority answer: I've been working at a major (network/computer) security company for almost 7 years as a software developer, and I've had to put up with pretty much every inconvenience brought on by security. I've also witnessed the aftermath of nearly every type of security failure covered in this post, via customers and the industry at large. None of the links I used are related to my employer or its products.
Edit: Fixed some typos and added some more links
More edit: added a few more points and links
submitted by exoplasm to gamedev [link] [comments]

The Exhaustive EOS FAQ

The Exhaustive EOS FAQ

 
With the large number of new readers coming to this sub we need to make information easy to access so those readers can make informed decisions. We all know there is an unusually large amount of Fear, Uncertainty and Doubt (FUD) surrounding EOS. Frankly, when clear evidence is provided it’s not that difficult to see EOS for the extremely valuable project it is. This post hopes to begin to put an end to all the misinformation by doing the following:  
  • Giving a clear and concise answer to the most frequently asked questions in regards to EOS.
  • Giving a more in-depth answer for those who want to read more.
  • Allowing readers to make informed decisions by making credible information easy to access.
 
As EOS climbs the ranks we need to recognise there are going to be a lot of skeptical readers coming over and posting their questions. Sometimes they will be irrational, hostile and often just looking for a reaction. We should make it our responsibility to welcome everyone and refrain from responding emotionally to provocative posts, instead providing factual and rational answers.
I will add to this post as and when I can, if you have any ideas or spot any mistakes let me know and I'll get them fixed ASAP. Im planning to add a bit on the team, centralisation and DPOS, governance and EOS VC shortly but please let me hear your suggestions!
 

FAQ

1. How do you registeclaim your EOS tokens before June 2018?

 
Answer courtesy of endless. If you have not done so, you will need to create a new pair of EOS public and private keys and register them with an Ethereum address. This only needs to be done once.
On or around June 1, 2018 all EOS Tokens will become frozen and non-transferable on the Ethereum blockchain. Not long after, I suspect that EOS community members will create a snapshot of token balances that carry over onto a new community generated and selected EOS blockchain. block.one will not be launching EOS blockchains or operating any of their nodes. Additionally, this is a community subreddit unaffiliated in an official capacity with block.one
Method #1: MetaMask (recommended)
Video guide: https://www.youtube.com/watch?v=8K1Q5hX_4-o
steemit tutorial: https://steemit.com/eos/@ash/full-walkthrough-how-to-join-eos-ico
Method #2: MyEtherWallet
steemit tutorial: https://steemit.com/eos/@sandwich/contributing-to-eos-token-sale-with-myetherwallet-and-contract-inner-workings
Method #3: Exodus Wallet
Official website tutorial: http://support.exodus.io/article/65-i-ve-received-eos-tokens-in-exodus-how-do-i-register-them
Important note courtesy of dskvry bka Sandwich, the author of Method #2's steemit tutorial:
claimAll will not work for most users. When you get to the claim step, please use the following tutorial: https://steemit.com/eos/@koyn/minimizing-the-cost-of-gas-when-claiming-eos-using-myetherwallet
Did you buy your EOS tokens on an exchange? (Courtesy of IQOptionCoin)
REMEMBER YOU ONLY NEED TO REGISTER YOUR TOKENS IF YOU BOUGHT THEM ON AN EXCHANGE. YOU DON'T NEED TO CLAIM THEM.
  1. Go to the EOS website https://eos.io
  2. Scroll down and select "GET EOS"
  3. Tick all the required boxes and click "Continue"
  4. Scroll down and click "Register"
  5. Select Metamask, MyEtherWallet, or Ethereum Wallet
  6. Follow the guide.
  7. Remember that the reason you need to register your Ethereum ERC-20 address is to include your EOS tokens in order for the balance of your EOS Tokens to be included in the Snapshot if a Snapshot is created, you must register your Ethereum address with an EOS public key. The EOS snapshot will take place prior to the 1 June 2018. After this point your ERC-20 EOS tokens will be frozen. And you will be issued EOS tokens on the EOS blockchain.
So PLEASE REGISTER your Ethereum address NOW, don't forget about it, or plan on doing it some time in the near future.
There are a lot of submissions about this in /eos, so rather than making a new one please reply to this thread with any questions you may have. Don't forget to join the EOS mailing list: https://eos.io/#subscribe and join the EOS community on your platform(s) of choice: Telegram, Discord and/or Facebook.
And remember, if anyone instructs you to transfer ETH to an EOS contract address that doesn't match the address found on https://eos.io you are being scammed.
 

Sources:

How to registeclaim your EOS tokens before June 2018 by endless
Official EOS FAQ
 

2. How will the token the ERC-20 EOS tokens be transferred to the native blockchain?

 

Quick answer:

There isn't one! Read the long answer then read it again, registering your Ethereum wallet is mandatory!
 

Long answer:

Within 23 hours after the end of the final period on June 1, 2018 at 22:59:59 UTC, all EOS Tokens will become fixed (ie. frozen) and will become non-transferrable on the Ethereum blockchain.
In order to ensure your tokens are transferred over to the native blockchain you must register your Ethereum address with an EOS public key, if you do not you will lose all your tokens! I am not going to link any tutorials as there are many that can be found by searching Google and YouTube.
block.one is helping with the development of snapshot software that can be used to capture the EOS token balance and registered EOS public key of wallets on the Ethereum blockchain. It is then down to the community to create the snapshot. This snapshot can be used when generating a genesis block for a blockchain implementing eos.io software. block.one will not be launching EOS blockchains or operating any of their nodes.
 
Exchange Support
Some exchanges have announced that they will support the token swap. Although using this method will undoubtedly be much simpler than registering the tokens yourself it also comes with its pitfalls.
  • It is highly likely there are going to be multiple networks running on the eos.io software that use the snapshot. It is highly unlikely that exchanges will support them all.
  • It is highly likely that exchanges will not support airdrops that use the snapshot.
Exchanges that have announced support for the token swap include:
 

Sources:

EOS.io
 

3. What does EOS aim to achieve?

 

Quick answer:

EOS.IO software is aiming to provide a decentralized operating system which can support thousands of industrial scale DApps by enabling vertical and horizontal scaling.
 

Long answer:

EOS.IO is software that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications. This is achieved through an operating system-like construct upon which applications can be built. The software provides accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores and/or clusters. The resulting technology is a blockchain architecture that has the potential to scale to millions of transactions per second, eliminates user fees and allows for quick and easy deployment of decentralized applications.
 

Sources:

Official EOS FAQ
 

4. Who are the key team figures behind EOS?

 
  • CEO Brendan Blumer - Founder of ii5 (1group) and okay.com. He has been in the blockchain industry since 2014 and started selling virtual assets at the age of 15. Brenden can be found on the Forbes Cypto Rich List. Brendan can be found on Twitter.
  • CTO Dan Larimer - Dan's the visionary industry leader who built BitShares, Graphene and Steemit as well as the increasingly popular Proof of Stake Governance and Decentralised Autonomous Organization Concept. He states his mission in life is “to find free market solutions to secure life, liberty, and property for all.”. Dan can also be found on the Forbes Cypto Rich List. Dan can be found on Twitter and Medium.
  • Partner Ian Grigg - Financial cryptographer who's been building cryptographic ledger platforms for 2+ decades. Inventor of the Ricardian Contract and Triple-Entry Accounting.
 

Sources:

Forbes Crypto Rich List
 

5. Where can the latest EOS news be found?

 
Official:
Community:
Developers:
 

6. Which consensus mechanism does EOS use and what are Block Producers?

 

Quick answer:

Delegated Proof of Stake (DPOS) with Byzantine Fault Tolerance. Block Producers (BPs) produce the blocks of the blockchain and are elected by token holders that vote for them. BPs will earn block rewards for their service, these block rewards come in the form of EOS tokens produced by token inflation.
 

Long answer:

Taken from the EOS.IO Technical White Paper v2:
“EOS.IO software utilizes the only known decentralized consensus algorithm proven capable of meeting the performance requirements of applications on the blockchain, Delegated Proof of Stake (DPOS). Under this algorithm, those who hold tokens on a blockchain adopting the EOS.IO software may select block producers through a continuous approval voting system. Anyone may choose to participate in block production and will be given an opportunity to produce blocks, provided they can persuade token holders to vote for them.
The EOS.IO software enables blocks to be produced exactly every 0.5 second and exactly one producer is authorized to produce a block at any given point in time. If the block is not produced at the scheduled time, then the block for that time slot is skipped. When one or more blocks are skipped, there is a 0.5 or more second gap in the blockchain.
Using the EOS.IO software, blocks are produced in rounds of 126 (6 blocks each, times 21 producers). At the start of each round 21 unique block producers are chosen by preference of votes cast by token holders. The selected producers are scheduled in an order agreed upon by 15 or more producers.
Byzantine Fault Tolerance is added to traditional DPOS by allowing all producers to sign all blocks so long as no producer signs two blocks with the same timestamp or the same block height. Once 15 producers have signed a block the block is deemed irreversible. Any byzantine producer would have to generate cryptographic evidence of their treason by signing two blocks with the same timestamp or blockheight. Under this model a irreversible consensus should be reachable within 1 second."
 

7. How does the voting process work?

 
The voting process will begin once the Block Producer community releases a joint statement ensuring that it is safe to import private keys and vote.
Broadly speaking there will be two methods of voting:
  1. Command Line Interface (CLI) tools
  2. Web portals
EOS Canada has created eosc, a CLI tool that supports Block Producer voting. Other Block Producer candidates such as LibertyBlock are a releasing web portal that will be ready for main net launch. There will be many more options over the coming weeks, please make sure you are always using a service from a trusted entity.
Remember: Do not import your private key until you have seen a joint statement released from at least five Block Producers that you trust which states when it is safe to do so. Ignoring this warning could result in tokens lost.
 

8. What makes EOS a good investment?

 
  • Team - EOS is spearheaded by the visionary that brought us the hugely successful Bitshares and Steem - arguably with two projects already under his belt there is no one more accomplished in the space.
  • Funding - EOS is one of the best funded projects in the space. The block.one team has committed $1B to investing in funds that grow the EOS echo system. EOS VC funds are managed by venture leaders distributed around the world to insure founders in all markets have the ability to work directly with local investors. Incentives such as the EOS hackathon are also in place with $1,500,000 USD in Prizes Across 4 Events.
  • Community Focus - The team is aware that the a projects success depends almost entirely on its adoption. For this reason there has been a huge push to develop a strong world wide community. There is already a surplus number of block producers that have registered their interest and started to ready themselves for the launch and incentives the EOS hackathon are being used to grow the community. A index of projects using EOS can be found at https://eosindex.io/posts.
  • Technical Advantages - See point 9!
 

9. What are the unique selling points of EOS?

 
  • Scaleability
    • Potential to scale to millions of transactions per second
    • Inter-blockchain communication
    • Separates authentication from execution
  • Flexibility
    • Freeze and fix broken applications
    • Generalised role based permissions
    • Web Assembly
  • Usability
    • Elimination of transaction fees
    • True user accounts with usernames, passwords and account recovery (no more having to remember long cryptographic keys)
    • Web toolkit for interface development
 

Sources:

eos.io
EOS Whitepaper
 

10. Is there currently a working product?

 

Quick answer:

This depends entirely on your definition of working product. If a fully featured developer release meets your definition then yes!. Otherwise the public release will be June 2018.
 

Long answer:

EOS differs from other projects in that it aims to deliver a fully featured version of the software on launch. The Dawn 3.0 RC1 feature complete pre-release became available on April 5th. This version has all the features of the final release that is due June 2018. Further development will involve preparing the final system contract which implements all of the staking, voting, and governance mechanics. The common notion that there is no viewable code published is wrong and the initial Dawn 1.0 release has been available from September 14th 2017.
 
EOSIO V1 - June 2nd 2018
Dawn 3.0 RC1 - April 5th 2018
Dawn 3.0 Alpha - January 23rd 2018
Dawn 2.0 - December 4th 2017
Dawn 1.0 - September 14th 2017
 

Sources:

 

11. EOS is an ERC-20 token, how can it possibly be a competitor to other platforms?

 

Quick answer:

The ERC-20 token is used only for raising funds during the token distribution; all tokens will be transferred to the native blockchain once launched.
 

Long answer:

EOS team has clearly stated their reason for choosing the Ethereum network when they described the rationale behind the ICO model. Specifically, the ICO should be a fair and auditable process, with as little trust required as possible. If you believe that an ICO should be fair, auditable, and trustless, you have no choice but to use a decentralized smart contract blockchain to run the ICO, the largest, and by-far most popular of which is Ethereum. Since EOS is intended to be a major competitor for Ethereum, some have seen this as a hypocritical choice. - Stolen from trogdor on Steam (I couldn’t word it any better myself).  

Sources:

The EOS ico for dummies by trogdor
Official EOS FAQ
 

12. Why do the eos.io T&C’s say the ERC-20 token has no value?

 
The EOS T&C’s famously state:
"The EOS Tokens do not have any rights, uses, purpose, attributes, functionalities or features, express or implied, including, without limitation, any uses, purpose, attributes, functionalities or features on the EOS Platform."
 

Quick answer:

This is legal wording to avoid all the legal complications in this emerging space, block.one do not want to find themselves in a lawsuit as we are seeing with an increasing amount of other ICOs. Most notably Tezos (links below).
 

Long answer:

This all comes down to legal issues. Anyone who’s been into crypto for 5 minuets knows that government bodies such as the Securities and Exchange Commission (SEC) are now paying attention to crypto in a big way. This legal wording is to avoid all the legal complications in this emerging space, block.one do not want to find themselves in a lawsuit as we are seeing with an increasing amount of other ICOs. Many token creators that launched ICOs are now in deep water for selling unregistered securities.
 
A filing from the Tezos lawsuit:
"In sum, Defendants capitalized on the recent enthusiasm for blockchain technology and cryptocurrencies to raise funds through the ICO, illegally sold unqualified and unregistered securities, used a Swiss-based entity in an unsuccessful attempt to evade U.S. securities laws, and are now admittedly engaged in the conversion, selling, and possible dissipation of the proceeds that they collected from the Class through their unregistered offering."
 
To ensure EOS tokens are not classed as a unregistered security block.one has made it clear that they are creating the EOS software only and won’t launching a public blockchain themselves. This task is left down to the community, or more precisely, the Block Producers (BPs). The following disclaimer is seen after posts from block.one:
 
"block.one is a software company and is producing the EOS.IO software as free, open source software. This software may enable those who deploy it to launch a blockchain or decentralized applications with the features described above. block.one will not be launching a public blockchain based on the EOS.IO software. It will be the sole responsibility of third parties and the community and those who wish to become block producers to implement the features and/or provide the services described above as they see fit. block.one does not guarantee that anyone will implement such features or provide such services or that the EOS.IO software will be adopted and deployed in any way.”
 
It is expected that many blockchains using eos.io software will emerge. To ensure DAPPs are created on an ecosystem that aligns with the interests of block.one a $1bn fund will be has been created to incentivise projects to use this blockchain.
 

Sources:

EOS.io FAQ Great video on this topic by The Awakenment EOS $1bn Fund Announcement Article on the Tezos lawsuit Article on the Gigawatt lawsuit An official block.one post featuring disclaimer
 

13. Why is the token distribution one year long?

 
Official statement from block.one:
“A lot of token distributions only allow a small amount of people to participate. The EOS Token distribution structure was created to provide a sufficient period of time for people to participate if they so choose, as well as give people the opportunity to see the development of the EOS.IO Software prior to making a decision to purchase EOS Tokens.”
 
It is also worth noting that block.one had no knowledge how much the the token distribution would raise as it is determined by the free market and the length of the token distribution is coded into the Ethereum smart contract, which cannot be changed.
 

Sources:

EOS.io FAQ
 

14. Where is the money going from the token distribution?

 

Quick answer:

Funding for the project was raised before EOS was announced, the additional money raised from the token distribution is largely going to fund projects on EOS.
 

Long answer:

A large portion of the money raised is getting put back into the community to incentivise projects using eos.io software. block.one raised all the money they needed to develop the software before the ERC-20 tokens went on sale. There are some conspiracies that block.one are pumping the price of EOS using the funds raised. The good thing about blockchain is you can trace all the transactions, which show nothing of the sort. Not only this but the EOS team are going to have an independent audit after the funding is complete for piece of mind.
 
From eos.io FAQ:
“block.one intends to engage an independent third party auditor who will release an independent audit report providing further assurances that block.one has not purchased EOS Tokens during the EOS Token distribution period or traded EOS Tokens (including using proceeds from the EOS Token distribution for these purposes). This report will be made available to the public on the eos.io website.”
 

Sources:

EOS.io FAQ EOS $1bn Fund Announcement
 

15. Who's using EOS?

 
With 2 months from launch left there is a vibrant community forming around EOS. Some of the most notable projects that EOS software will support are:
A more complete list of EOS projects can be found at eosindex.io.
 

16. Dan left his previous projects, will he leave EOS?

 

Quick answer:

When EOS has been created Dan will move onto creating projects for EOS with block.one.
 

Long answer:

When a blockchain project has gained momentum and a strong community has formed the project takes on a life of its own and the communities often have ideas that differ from the creators. As we have seen with the Bitcoin and Ethereum hark forks you cant pivot a community too much in a different direction, especially if its changing the fundamentals of the blockchain. Instead of acting like a tyrant Dan has let the communities do what they want and gone a different way. Both the Bitshares and Steem were left in a great position and with Dans help turned out to be two of the most successful blockchain projects to date. Some would argue the most successful projects that are actually useable and have a real use case.
What Dan does best is build the architecture and show whats possible. Anyone can then go on to do the upgrades. He is creating EOS to build his future projects upon it. He has stated he loves working at block.one with Brendan and the team and there is far too much momentum behind EOS for him to possibly leave.
 

Sources:

Dans future beyond EOS
Why Dan left Bitshares
Why Dan left Steem
 

17. Is EOS susceptible to DDoS attacks?

 
No one could have better knowledge on this subject than our Block Producer candidates, I have chosen to look to EOS New York for this answer:
"DDoS'ing a block producing is not as simple as knowing their IP address and hitting "go". We have distributed systems engineers in each of our candidate groups that have worked to defend DDoS systems in their careers. Infrastructure can be built in a way to minimize the exposure of the Block Producing node itself and to prevent a DDoS attack. We haven't published our full architecture yet but let's take a look at fellow candidate EOSphere to see what we mean. As for the launch of the network, we are assuming there will be attacks on the network as we launch. It is being built into the network launch plans. I will reach out to our engineers to get a more detailed answer for you. What also must be considered is that there will be 121 total producing and non-producing nodes on the network. To DDoS all 121 which are located all around the world with different security configurations at the exact same time would be a monumental achievement."
 

Sources:

eosnewyork on DDoS attackd
EOSSphere Architecture
 

18. If block producers can alter code how do we know they will not do so maliciously?

 

Quick answer:

  • Block producers are voted in by stake holders.
  • Changes to the protocol, constitution or other updates are proposed to the community by block producers.
  • Changes takes 2 to 3 months due to the fact block producers must maintain 15/21 approval for a set amount of time while for changes to be processed.
  • To ensure bad actors can be identified and expelled the block.one backed community will not back an open-entry system built around anonymous participation.
 

Long answer:

For this question we must understand the following.
  • Governance and why it is used.
  • The process of upgrading the protocol, constitution & other updates.
  • Dan’s view on open-entry systems built around anonymous participation.
 
Governance
Cryptography can only be used to prove logical consistency. It cannot be used to make subjective judgment calls, determine right or wrong, or even identify truth or falsehood (outside of consistency). We need humans to perform these tasks and therefore we need governance!
Governance is the process by which people in a community:
  1. Reach consensus on subjective matters of collective action that cannot be captured entirely by software algorithms;
  2. Carry out the decisions they reach; and
  3. Alter the governance rules themselves via Constitutional amendments.
Embedded into the EOS.IO software is the election of block producers. Before any change can be made to the blockchain these block producers must approve it. If the block producers refuse to make changes desired by the token holders then they can be voted out. If the block producers make changes without permission of the token holders then all other non-producing full-node validators (exchanges, etc) will reject the change.
 
Upgrade process
The EOS.IO software defines the following process by which the protocol, as defined by the canonical source code and its constitution, can be updated:
  1. Block producers propose a change to the constitution and obtains 15/21 approval.
  2. Block producers maintain 15/21 approval of the new constitution for 30 consecutive days.
  3. All users are required to indicate acceptance of the new constitution as a condition of future transactions being processed.
  4. Block producers adopt changes to the source code to reflect the change in the constitution and propose it to the blockchain using the hash of the new constitution.
  5. Block producers maintain 15/21 approval of the new code for 30 consecutive days.
  6. Changes to the code take effect 7 days later, giving all non-producing full nodes 1 week to upgrade after ratification of the source code.
  7. All nodes that do not upgrade to the new code shut down automatically.
By default, configuration of the EOS.IO software, the process of updating the blockchain to add new features takes 2 to 3 months, while updates to fix non-critical bugs that do not require changes to the constitution can take 1 to 2 months.
 
Open-entry systems built around anonymous participation
To ensure bad actors can be identified and expelled the block.one backed community will not back an open-entry system built around anonymous participation.
Dan's quote:
"The only way to maintain the integrity of a community is for the community to have control over its own composition. This means that open-entry systems built around anonymous participation will have no means expelling bad actors and will eventually succumb to profit-driven corruption. You cannot use stake as a proxy for goodness whether that stake is held in a bond or a shareholder’s vote. Goodness is subjective and it is up to each community to define what values they hold as good and to actively expel people they hold has bad.
The community I want to participate in will expel the rent-seeking vote-buyers and reward those who use their elected broadcasting power for the benefit of all community members rather than special interest groups (such as vote-buyers). I have faith that such a community will be far more competitive in a market competition for mindshare than one that elects vote buyers."
 

Sources:

The Limits of Crypto-economic Governance
EOS.IO Technical White Paper v2
 

19. What is the most secure way to generate EOS key pairs?

 
Block producer candidates EOS Cafe and EOS New York have come forward to help the community with this topic.
The block producer candidate eosnewyork has kindly posted a tutorial on steemit detailing the steps that need to be taken to generate key pairs using the official code on the EOS.IO Github.
The block producer candidate eoscafe has gone a step further and released an Offline EOS Key Generator application complete with GUI for Windows, Linux & Mac. Not only can this application generate key pairs but it can also validate key pairs and resolve public keys from private keys. This application has also been vouched for by EOS New York
 

Sources:

EOS.IO Github
eosnewyork's key pair generation tutorial
eoscafe's offline key par generation application  
submitted by Techno-Tech to eos [link] [comments]

Your Guide to NYZO

Your Guide to NYZO
NYZO is the highly efficient Proof-of-Diversity (PoD) blockchain for everyday spending.
NYZO has been developed from the ground up, it is an open-source initiative and isn't a copy of any existing blockchain project.
The network has been running for more then one year now and the source code can be found on GitHub. The NYZO codebase is going to start acting as an API server. This will be run-mode dependent, just like the various web server functions that are available now. It will interact with the mesh on one side and whatever it needs to interact with on the other side.
Developers update NYZO all the time with fixes and performance and stability improvements. Every update which has been created for the network so far has been accompanied by a release note, a detailed document detailing every change to the network to make it better.
We can find these release notes on the website of the developers: What's new? - as you can see, the network has been worked on on a regular basis and each release note is multiple pages long - developers are dedicated to making this a success and this is their testament.
Whitepaper 
Proof-of-Diversity (PoD) consensus mechanism requires active participation in the form of time and verifier behaviour in the blockchain to be allowed to exert a certain influence on the system as a whole. The Proof-of-Diversity blockchain uses verification cycles to establish the authoritative form of the blockchain. The basic concept of proof-of-diversity is simple. Verifiers take turns producing blocks in a circular order. Some simple rules ensure that verifiers are neither added to nor removed from that circular order too quickly. In order to produce a believable forgery of the blockchain for any meaningful amount of time, an attacker would need to obtain more than half of the private keys of verifiers currently working on the blockchain. The design and technology are simple and clearly explained in NYZO whitepaper. This document was created in the very beginning and it might not cover all aspects as it should, the release notes make up for this.
Still too lazy and didn't read NYZO whitepaper? Relax, and listen to the soothing audio version.
Verifier 
Mesh (cycle) participants are called verifiers. Verifiers are in charge of verifying transactions and producing blocks. In exchange for securing the network, verifiers collect transaction fees which are distributed fairly among all of them. Each verifier gets a chance to verify one block in one mesh cycle. NYZO don't need mining equipment and large amounts of processing power like others, only unique IP address and always on Linux VPS is required.
Sentinel 
The purpose of the NYZO Sentinel is to provide improve stability of the cycle by producing blocks for in-cycle verifiers that are unable to produce blocks due to temporary hardware and network issues. The Sentinel should not be run on an instance that is running the verifier. The NYZO sentinel is a seperate version of the nyzoVerifier designed to protect your in-cycle verifiers. Its job is to constantly check up on your verifiers. If one of them is unresponsive, the sentinel will initiate communication on behalf of the verifier, this all to ensure future cycle inclusion.
The Mesh (cycle) 
is simply a network of computers known as verifiers all running NYZO and communicating information to each other. The Mesh (cycle) is a central point of PoD system. For securing the Mesh these computers are given 10% reward of transaction fees for each block they secure.
Check your NYZO verifier status, search for your nickname or IP
Newcomers can sometimes get confused with how Nyzo verifier lifecycle works in practice or how to join the cycle.
Block files 
One part of the consensus algorithm is the block consolidation process which ensures that a small machine such as a Rock64 Pro or a beefy Raspberry Pi can run a NYZO verifier with little storage space. 1000 blocks are consolidated into 500 Kb of storage space. Very efficient.
51% attack resistance and energy efficiency 
NYZO has a properly designed economic model that relies on time. Therefore, the cost for 51% attacks (relative to market cap) is huge, there is ongoing incentive to participate in the network, and attacks based on computing power (PoW) or ownership of token (PoS) aren't feasible. NYZO uses only a tiny fraction of Bitcoin’s resources while performing the same tasks. 58 000 000 000 kwH - 58 TWh : current BTC power cons. per year vs 36500 kwH - 0.0000365 TWh : current NYZO power cons. per year = 1,589,041 times more efficient and 51% attack resistant.
Roadmap 
NYZO developers have been asked many times for a roadmap. The roadmap is to keep making the code more stable, more robust, and more efficient.
Nyzo development: 15 months of hard work (and beyond)
Scalability 
NYZO doesn’t require any Layer 2 scaling solutions and is able to handle high transaction volumes per second which is only dependent on the performance of the verifiers in the mesh. The block time is 7 seconds and block size is 28 Kb.
Micropay is a lightweight way of using NYZO that shifts as much burden as possible to the person receiving the payment to make it as easy as possible for someone to send small payments. Next step is an API server for Micropay.
Useful guides and articles 
2k verifiers/nodes are in the cycle and 24k verifiers are patiently waiting to join the mesh/cycle. Following video tutorials will explain in detail how to set up your own NYZO mesh verifier node. For more information about set up visit Nyzo DISCORD.
VIDEO TUTORIAL - How to setup a NYZO verifier and sentinel on a VPS - video tutorial from Refortuna Analytics
VIDEO TUTORIAL - How to set up a Nyzo Verifier on Hetzner - from community website Nyzo.io
Nyzo review and guide how to set up verifier - very detailed review and guide by MyAltcoins.info
Nyzo - Time and diversity as a currency (+ 4 translations here) This article goes into detail about the consensus algorithm and its benefits, it sketches a hypothetical attack scenario and the cost of an attack at this point in time (while the market cap is still low).
Arguments against early entrants This article goes into detail about the early stages of the project, what has happened, how certain events have unfolded and the diversity of the project, it creates a parallel between Bitcoin and NYZO to cover an important aspect of the network in detail.
Time An article going deeper into the time aspect of the network, written by a community member
Ethereum An article comparing NYZO’s consensus algorithm to the development state of Ethereum, written by the same user as the article above.
Bitcoin Yet again an article comparing NYZO, this time with Bitcoin.
Proof of Diversity - A novel solution for limitless blockchain scalability | Micky.com.au
Thoughts on Tor and Nyzo
Developer fund 
The initial developer fund plan can be found here, this has been followed up and the details have changed. The developers effectively own 0.6% of the total supply. So far around 11 million has been “mined” and the remainder is spendable by the network through governed voting, with a minimum amount of votes required for NYZO to be released (51% of the network needs to agree).
IMPORTANT LINKS: 
Official website
Nyzo mobile wallet for Android phones on Google Play - Multilingual support (EN, DE, CN, ES, FR, RU, NL, HR) - developed by ThreeDots Technologies
Nyzo key tool and Web wallet
Nyzo Space - Paper wallet - developed by Angainor Dev
Nyzo DISCORD - There are currently 1600 active members and developers in the discord group with multiple joining every day. Most of the community communicates here. Here is where you’re guaranteed to have a one-on-one with the developers.
GitHub
New Community Forum website (You can get here lots of useful information. If you are ready to build for Nyzo and get paid, please read this article... Nyzo and its protocol which facilitates building)
Chinese Community website NYZO社区
Nyzo Twitter
Nyzo Gang Twitter
Facebook
Telegram
Instagram
Tumblr
Reddit
Bitcointalk
Weibo
QQ: 1007477423
Zedge
NYZO wallpapers for desktop and mobile devices
Trading: 
qTrade
BILAXY
Hotbit
QBTC
Citex
BiHodl


https://preview.redd.it/5ep6vlsj3l341.png?width=2560&format=png&auto=webp&s=40ef27f1c38bb3d4c542cfdfc58faa054ad7cc0b
submitted by Mobilenewsflash to CryptoCurrencies [link] [comments]

Bitcore BTX on BarterDEX ...!!! video Tutorial

Bitcore BTX on BarterDEX ...!!! video Tutorial
Artwork by Design Team - Bitcore BTX ® 2018
Hi everyone In this video one of our dedicated community members showing you how to use Bitcore on BarterDEX (Komodo decentralized exchange).
This exchange we kept it asleep for reasons that this in Beta version and we had not been able to consolidate volume .. but little by little we are integrating it even more.. here is a tutorial video made by an active member of the community, to see the use of BirterDex with Bitcore BTX.
Happy Trading
Watch the Video Here
https://preview.redd.it/8yeplnxeehl11.png?width=1440&format=png&auto=webp&s=136acc5bc77a50e4eff486ba8296a7a9c4749a99
Web: Official | News | Coin Specs | Roadmap | White Paper | Ecosystem | Network Update | Community | FAQ | Blog | Team Wallets: Windows | Win Wallet & Blockchain | Linux | Mac | iOS | Android | Eletrum | Zeltrez | Jaxx Liberty Exchanges: Bit Z | Cryptopia | hitBTC | VE Bitcoin | Exrates | Crypto Bridge | QBTC | Coinexchange | Octaex | Bitexlive | Bitibu | Trade Satoshi | PayCML | ExcoincialServices: Livingroom of Satoshi | Kamoney | Cryptonaut | EasyRabBit.net | LuckyGames.io | InstaSwap Block Explorers: InsightAPI | Crypto ID | Liivenet Mining Pools: Bitcorepool | Yiimp | Suprnova | Chainworks | Umine | Ant Mine Pool | Coin Miners | BSOD | BTXpool | Minersport | Omegapool | PoolGPU Market Info: CoinMarketCap | World Coin Index | Cryptocompare Source: Github | Kryptowerk | DgCarlosLeon
submitted by dgcarlosleon to bitcore_btx [link] [comments]

Getting frustrated with Ubuntu. Are my experiences the norm for a Linux user?

Let me start off by saying that I'm not a total newb, but still pretty green. I like to believe I'm capable with computers, and know enough to figure out most issues. I also have a pretty solid general understanding of how they function. Been a Windows user most of my life, but decided to make the switch to Linux a few years back.
My experiences thus far are making me reconsider the switch, despite the fact that I've really become opposed to using Windows. I'm curious if I should expect more of the same indefinitely, or if my experiences up to this point are unusual, and I should expect to reach a point where I can just use the OS, instead of spend hours trying to perform every task.
It all started when I downloaded Ubuntu about three years ago. I easily got it installed as a dual boot on a Windows machine. Had to start by allocating disk space in Windows for the new Linux install, prepared a live usb, went through the install, cake. Then I started trying to do stuff, like use a printer. Well HP doesn't make a driver for Linux and, probably, 2-4 hours of research led to me still not having a working printer. I found a driver, but the process to get it installed did not work as it was supposed to. I forget the specifics, but I followed a tutorial to the T, but ran into unforeseen installation issues, and never could figure out how to get the process complete.
After that I started running into issues with the FireFox browser. I've alwasy used FF on Windows with no issues. On Ubuntu it ran slower than dial-up from the mid-90's. Again, 2-4 hours worth of research and several changes to things like FF settings, disabling add-ons, etc., and I still had no fix.
Still I wasn't deterred. Then the dual boot broke. I tried boot repair. No dice. Tried for several hours to get it working. Asked about it on forums, sent in results of boot repair (where I forget) only to get no response, and finally I threw in the towel.
I also struggled to get Bitcoin Armory working, with some very frustrating success, but I didn't count that against Linux, since it was very new software, and I wasn't surprised it was buggy.
Fast forward to today. I've been using Windows for a couple years, with few attempts made to use Linux, except for trying to retrieve a very small amount of BTC from Armory, which consumed about three weekends of my life to finally achieve.
Now I've decided to give it another go. I downloaded UbuntuStudio b/c I'd like to use some of the music production software that comes with it.
Following some tutorials online, I tried to connect my midi keyboard to the computer using QJackCtl. I couldn't remember the issue that I ran into when starting to type this up, so I tried to repeat the process, only to have the program crash during start up, three times. The computer had literally just restarted 20 minutes ago, so I doubt a reboot would work, but maybe. It's almost funny at this point. I'm really disappointed that I can't get the audio software that came with the distro working "fresh out of the box." Maybe with a few hours, or weekends, worth of research?
I've also been getting a system error message every time I login. I posted a query on the Ubuntu forums. That issue has yet to be sorted out.
I hesitate to include this next part, because it involves software that is really still in it's early stages, and I'm trying to be realistic in taking the perspective that any problems I encounter are with the new software, not Ubuntu, but the fact that I had zero problems getting the same stuff to work in Windows just adds to my frustration with Ubuntu.
Everything I'm about to describe is involved with installing monero mining and wallet software. The exception is the AMD drivers needed for the GPU I'm using to mine. Those I expected to work without issue. I followed the directions for installing the AMD drivers for Ubuntu on the AMD website, and the program would not work. After, you guessed it, 2-4 hours of research, I finally, almost by accident, installed an older version of the driver software. Boom, it worked. WTF man?! When I installed the Windows version it took 2 minutes.
Moving on, I tried getting the xmr-stak mining software working. This took me several hours, spread over several days to sort out. Same with the monero-gui wallet, which actually I've only got half-way working. In fact, I've tried installing the monero-gui by two different ways. In the process I've inadvertently got the monerod daemon running, but not the gui. Actually, the monerod daemon starts with the computer and I haven't even started trying to figure out how to turn that off, since what's the point of having it run if I can't use the gui?
In Windows I had all of this up and running in a couple of hours. And in saying that I'm prepared for the "if you like Windows so much then use that!" or "you're just too thick to figure it out!", but I don't like Windows, and I don't think it's a matter of not figuring it out. It seems to me that the reason I've spent dozens of hours just trying to get things to work in Linux is that nearly every time I've tried to do something, there is inevatably some error along the way where following the directions isn't good enough, and sorting out the issue is a feat in and of itself.
I just want to know if this is unusual, or if this is how it's going to go forever if I keep using Linux. Is my experience typical?
TL;DR: I've had a litany of issues and spent countless hours trying to fix them using Linux. Is this rare, and I've just had an unusual experience, or actually pretty common, and I should just accept it as the cost of using an open source OS?
submitted by rtfioeti to Ubuntu [link] [comments]

Bitcoin, dogecoin. How I tried to make my fortune in 2014 with the sweat of my computer.

Bitcoin, dogecoin. How I tried to make my fortune in 2014 with the sweat of my computer.

https://preview.redd.it/mv21lvsa3do31.jpg?width=1280&format=pjpg&auto=webp&s=51bf5296a06eedc178079cf0b3ab4c3cfc44f271
Make money just by working on your computer: the rise of electronic currencies, in the wake of bitcoin, can be a little dream, especially in times of crisis. We tried the experiment. Wealth at your fingertips? Not for everybody.
Reading time: 6 min.
We have known at least since March 2013, with the soaring Bitcoin (BTC) price during the closing of Cypriot banks: electronic currencies, it has not much virtual. Since the creation of the enigmatic Satoshi Nakamoto serves as a safe haven, a playground for speculators, interests the States and even makes it possible to pay for his trip to the space where his beer, bigger world would dare to pretend that it only serves to buy prohibited substances on SilkRoad - if it ever was.
At the end of November, James Howells was mocked a lot, this Brit, caught in a household frenzy, inadvertently threw a hard disk containing 7,500 bitcoins, the equivalent of 4.8 million euros. A small fortune now lost in the depths of the Docksway dump near Newport. Nevertheless, before causing the consternation of the global Internet, Jamie still had the nose to undermine the BTC at a time when the experience mobilized a handful of hardcore geeks.
Since the rise (sawtooth) bitcoin, each unit currently weighs more than 800 dollars, nearly thirty cryptocurrencies have emerged. Is it possible, this year again, to let this promising, volatile and risky train pass, or to fall into
  1. Choose your electronic motto.
  2. All are based on the same principle: to summarize (very) big features [1], the issuance of money is governed by an algorithm, and the new corners put in circulation reward the resolution, by participants in a network of peer and mathematical problems, including the validation and archiving of transactions, which are public [2]. Mining a cryptocurrency is like putting the computing power of your computer in the service of the network.
  3. Since the program is decreasing [3], the mining becomes more and more difficult with time (and with the increase of the number of participants): to hope to make his pelote via the only computational activity, one must either have to at its disposal a large fleet of machines, to be a miner from the first hour. Exit the bitcoin, long since out of the reach of a personal computer.
  4. I similarly gave up the litecoin and peercoin, already well launched (they date respectively 2011 and 2012), to set my heart on one of the most recent currencies - and certainly the hippest of the moment: the dogecoin.
  5. As its name suggests, the cryptocurrency favorite Shiba Inus from around the world is a tribute to the Doge, one of the most famous memes of 2013, with its captions in Comic Sans, the font most sorry for the web. A geek joke, therefore, except that - the unfathomable mysteries of the Internet - its value jumped 900% in the third week of December, and she suffered a Christmas robbery online.
  6. Admittedly, at the time when these lines are written, the dogecoin caps at 0.00023 dollars [4] - its quite ridiculous (and quite depressing), but even if you bet on the future, so much to go frankly.
  7. 2. The hands in the engine the billboard.
  8. From there, things get tough (a little). Installing an electronic purse on ones computer is not very complicated (the software is available for Windows, MacOS, Android or, for the more adventurous, on a repository to compile under Linux). It is also possible to use an online wallet, but it is more risky (except, perhaps, when one is called James Howells). When opened for the first time, the purse automatically synchronizes with the Dogecoin network (be careful, it can be long), which gives you a payment address (we can generate more later).
  9. The two most common ways to undermine electronic money are to use the computing power of the computers microprocessor (CPU) or, more efficiently, that of the graphics card processor (GPU). In the first case, the program is simple to install; in the second, it is necessary to choose the most adapted to its material [5]. There are, thankfully, a lot of online tutorials. Still, to operate the corner board requires in all cases to trade the comfort of the GUI for aridity, so confusing to the layman, command lines - we have nothing for nothing.
  10. Finally, at work alone, we prefer collaboration. Mining is best done in groups, or rather in pool: it distributes the gains, of course, but also the difficulty. For the dogecoin as for all the crypto-currencies, the pools are numerous. A quick tour of a dedicated section of the Reddit community site can help you make your choice.
  11. 3. Extension of the field of struggle.
  12. And after? After, we can rest, since it is the machine that works. But the truth of a cryptocurrency - even at the exceptionally high LOL and LOL rates of the Shiba Inu - is cruel and brutal: not all computers are equal. Or rather, some are more equal than others. For while you heat your CPU or your graphics card to grapple some unfortunate corners, others will sweep the game thanks to specialized integrated circuits, computing capabilities much higher.
  13. If the game of buying and reselling corners is basically just another stock exchange mechanism, less the intervention of the central banks - what is at stake, and the big political question they ask: are we certain to prefer speculation pure and perfect to monetary policies, however questionable they may be? -, production, it is the law of the strongest (in calculation). There are even lethal weapons at $ 10,000 each, with which your processors are like mosquitoes in front of an A bomb.
  14. And if you think it does not matter because after all, it does not cost you anything, think again: the components, like humans, wear out faster when they work at full speed, and the bill of electricity can quickly grow. The profitability of the case is anything but certain, as evidenced by the results of online calculators. (Needless to say, our laughing dogecoin does not stand up to this kind of simulation.)
  15. Much more boring, from a collective point of view: the carbon footprint, current and above all expected, of electronic currencies worries more and more. Last spring, Bloomberg estimated that the energy consumption of the Bitcoin network was equivalent to that of 31,000 US households. Not sure, according to the site, that their emission is less damaging to the environment than have been some physical currencies.
  16. For exciting to analyze that is the emergence of cryptocurrencies, it is better to ask now about their cost, economic and ecological. To see it as a potential source of income, except for being a very early adopter with a hollow nose, an individual with a lot of computational capital or a clever trader, you have to make a point.
  17. If the recurrent comparison with the famous Ponzi pyramid [6] is discussed (after all, the decentralized currencies do not make promises), remains that, as long as the value does not collapse, the system benefits mainly to the first entrants - except James Howells.
  18. As the Bitcoin.fr site aptly states: all this is just an experiment, invest only the time and money you can afford to lose. LOLs love was not a worse reason than another to experiment, so I finally submitted my laptop to four days and three nights of intense activity, which makes me happy. owner of a good half a thousand dogecoins. Either the equivalent of 0.115 dollar, or 0.08 euro. It is obviously not worth the electricity consumed to generate them, it increases my carbon footprint, but it amuses my entourage. But laughter is, as everyone knows, a safe bet in times of crisis, less volatile than a real bitcoin.
  19. And then, after all, you never know.
  20. Amaelle Guiton.
  21. 1. For explanations more provided (the case is quite complex), refer, for example, to the series of very detailed notes devoted to blogger Turblog.
  22. 2. And as such, searchable by everyone. It is the identity of the users that is not known, unless they reveal it, hence the reputation of anonymity (relative, therefore) cryptocurrencies.
  23. 3. In the case of bitcoin, the maximum of 21 million units should be reached around 2140.
  24. 4. For a day-to-day follow-up, see the CoinMarketCap site which lists the exchange rates of crypto-currencies, based on the dollar value of bitcoin.
  25. 5. We discover then, unfortunately, that some graphics cards do not allow the mining. This is the case for the author of these lines, reduced to working in conditions of extreme computer deprivation.
  26. 6. Comparison which is at the heart of a hilarious note on the ponzicoin, signed by the economic journalist Matthew OBrien, on The Atlantic (to read if you intend seriously to invest in the dogecoin).
submitted by Mejbah411 to u/Mejbah411 [link] [comments]

/r/Monero - Newcomers Please Read. Everything You Need To Know.

What is Monero (XMR)?
Monero is a secure, private, untraceable (crypto-)currency. It is open-source and freely available to all. Don't believe us? Click here.
Monero is a tool that people can actually use. It makes receiving payments hassle-free, since merchants and individuals no longer need to fear the source of funds they are accepting. With transparent systems like Bitcoin, Ethereum, Verge, or Dash, these people need to hope (or spend substantial resources verifying) the sender did not use the funds illicitly. Furthermore, merchants do not want all their vendors known, and individually do not want everyone to know how much they are spending. If I spend more than I should at Newegg (store), that's my own business.
Monero is different because every transaction is always private. There is no way for pools and exchanges to opt out of sending private transactions. Thus, Monero's anonymity set far exceeds any other coin's anonymity set. Over 86,000 transactions in the past month of August, 2017 hid the sender and receiver, and about 99.95% of them also hid the amount (will increase to 100% of all new transactions in September)! There is no suspicion in using a private transaction, since all transactions are private. A single transaction does not stick out.*
This privacy is afforded with the best technology. I implore you to take a few minutes to learn about the four main technologies that Monero uses to provide privacy:
There are several other things that make Monero great! It has a smooth tail emission, dynamic blocks and fees, and an accessible Proof of Work (mining) algorithm.
*You can optionally choose a very large, unusual ringsize to make the transaction stick out. This is not recommended, and normal users who leave the ringsize at the default setting will not experience any issues. Also, it's possible for a user to manually add identifying information to the tx_extra field, which is something that a user must seriously go out of their way to do.
Now you know Monero (XMR) has the best technology. What else makes Monero (XMR) different than other cryptocurrencies?
P.S. Want a quick-start, simple your-grandma-could-do-it guide? Here's a great one!
Am I a bad person to consider using this?
No, Monero is freedom money. You can do whatever you want with it, whenever you want, where ever you want. We make it clear that you should own your wealth 100%. What you do with it, is none of our concern.
Where does the word Monero come from?
The word Monero comes from the language Esperanto. Monero means coin oand currency. The plural way of saying Monero in Esperanto and in our cryptocurrency is Moneroj.
How do I store Monero?
Monero Core
Monero Core GUI (If you don't know how to use it, click here for instructions and tutorial)
Monero Web-Wallet
Offline Wallet Generator
Is there a lightweight wallet for Monero?
Not yet, but you can use the official GUI with a remote node.
Are there any other ways to store Monero (XMR)?
Yes, there are many mobile wallets out there that allow you to store Monero (XMR). We do not recommend them, because they are not official releases of Monero. If you do decide to use other wallets, please make sure to do your research first before storing any Moneroj in the wallet. Anything used for Monero outside of official releases, will be used at your own risk. Some may be used for scamming purposes. If you still decide to take the risk; do not use them for large amounts. Also keep in mind that there is a high chance that Monero support will not be able to help you if you bump into any problems from applications outside of official releases. Why should you not use non-official wallets? Well would you buy a house and give your only key you have to the buildemanagement and wait for him/her to open the door to the house you supposedly own? No. Same goes with cryptocurrencies. You should always have possession of your private keys, and your Moneroj. Most non-official releases own your private keys, therefore you do not own the Moneroj.
How do I buy Monero (XMR) with fiat?
Kraken
Bitfinex
Monero For Cash
Local Monero
Other Options
Which exchanges support Monero (XMR)?
Poloniex
Bithumb
Kraken
Bitfinex
Bittrex
Bitsquare
ShapeShift
Livecoin
BTER
How do I setup a offline cold paper wallet?
Step-by-step guide for cold storage and offline transaction signing with optimal security
Guide For Securely Generating An Offline Cold Paper Wallet
USB Monero Cold Wallet Guide
Is there a Chinese translation so I can understand Monero? 是否有中文翻译,以便我能理解Monero?
Monero (XMR) Chinese Translation
Can I buy Monero (XMR) with CNY? 我可以用人民币买Monero吗?
BTER
*Can I buy Monero (XMR) with KRW?
Bithumb
Where can I find a good mining pool?
Monero Pools
What miner should I use?
CPU:
XMR-Stak (Windows-Linux)
CpuMiner by tpruvot (Windows, Linux)
CpuMiner By Wolf
xmr-stak (MacOS)
cpuminer(MacOS) By correcthorse
GPU:
XMR-stak (AMD)
Ccminer (nVidia) by KlausT, psychocrypt, and fireice-uk
Claymore's CryptoNote GPU Miner (AMD)
If you are a Windows user, click here.
Can I use a proxy for mining?
You can use XMR Proxy. If you want to monitor your rigs you can use Monero Mining Monitor.
How can I setup a local wallet while running node with little bandwidth?
You can use GUI, as a remote node as it uses very little bandwidth. Go to settings tab and change: "localhost:18089" to "node.moneroworld.com:18089". If you are still having problems, then just use our Monero Web-Wallet.
Can I run Monero through Tor or I2P?
Guide to use Monero with Tor correctly
Monero Safety Through Tor
Monero I2P
My vendor only accepts bitcoin but I only have Monero, and I know bitcoin is not private/anonymous. What should I do?
Use XMR.TO, but you should also educate them about bitcoins lack of privacy. Tell them to visit this post.
How long does it take to sync to the blockchain?
It can take from a few hours (using SSD drive) or even 24 hours, depending on hard drive and connection speed.
How do I generate a QR-code for a Monero address?
How to generate a QR code for a Monero address
Moneroqrcode.com for a personalized code
Guide to check balance
List of scams: (Always do a background check / research for anything outside of official releases.)
Did you know over 50 high profile artists accept Monero on their online stores? Check out Project Coral Reef
Are there any other sub-reddits that specialize in certain parts of Monero or just related to Monero?
Yes, there are a few. However, please keep in mind that this sub-reddit (/Monero) is the official Monero sub-reddit.
/xmrtrader - Trading, and investing related discussions & inquires.
/MoneroMining - Mining related discussions & inquires.
/MoneroCommunity for those who want to help grow the community.
/moonero for shitposts and memes.
/MoneroMarket for buying and selling wares for Monero.
/MoneroSupport for, you guessed it, Monero support.
Want to get involved? Click here for a list of sources.
How can I participate in the Monero community?
We welcome everyone to join us and help out. Check the "Community Info" section on our subreddit for our website, forum, stack exchange, github, twitter, and facebook. Anyway, we hope you stick around beyond the hype. Monero has a lot going for it, and we hope you agree! We really need your help, since this project is entirely driven by the community!
Nun vi spertis liberecon.
submitted by cryptonaire- to Monero [link] [comments]

How to mine Bitcoin - Using Linux How To Mine Bitcoin On PC, Mac, Or Linux - YouTube Bitcoin Mining on Ubuntu - YouTube Mining Bitcoin di Linux Menggunakan M7MHASH WORK!!! Bitcoin Mining Complete Guide & Tutorial (EASIEST METHOD ...

Bitcoin ii About the Tutorial The tutorial begins by introducing what bitcoins are, then proceeds with the installation of the bitcoin client software and wallets to make bitcoins transactions possible. It also discusses bitcoin mining, exchanges, and trading. Finally, it moves on to applications and future of bitcoins. Hello and welcome to the second Bitcoin mining tutorial, where I am going to cover how to setup a Bitcoin mining computer. Luckily for you, our method is to mine the crypto altcoins and then get paid in Bitcoin, so you don’t have to deal with specialized mining hardware (like ASIC), and can mine with your PC. The tutorial begins by introducing what bitcoins are, then proceeds with the installation of the bitcoin client software and wallets to make bitcoins transactions possible. It also discusses bitcoin mining, exchanges, and trading. Finally, it moves on to applications and future of bitcoins. After ... In this tutorial, we are going to show you how to CPU mine Bitcoin using a computer running Ubuntu Linux. Hardware List: The following section presents the list of equipment used to create this Bitcoin CPU Mining tutorial. If you are looking for using NiceHash on Linux, you probably already know what is NiceHash. I’ll explain it briefly anyway. NiceHash is essentially two things: a crypto-mining marketplace and a software to connect to this marketplace and use its service. Mining cryptocurrency requires huge processing capacity.

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How to mine Bitcoin - Using Linux

This video will demonstrate how to create an account at minergate and how to mine bitcoin in Linux. MINERGATE LINK: https://minergate.com/a/e13126b573b894c64... My litecoin / bitcoin setup - using Linux BAMT, how to restart the process, what it looks like, where the important files are. I hope this tutorial helps explain bitcoin / litecoin mining as this ... In this video, I'm going to show you how to start mining Bitcoin on Linux/Debian based operating systems. https://bitcoinminingsoftware2019.com/bitcoin-minin... *ATTENTION* Nicehash has updated their program and the UI is very different from this video. I made an updated video so you can all follow along. Here is the... BitCoin mining on Ubuntu using specialized ASIC procesors and Ubuntu software such as: CGMiner, BFGMiner, EasyMiner https://linuxhint.com/best-usb-bitcoin-mi...

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