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AMA Recap of CEO and Co-founder of Chromia, Henrik Hjelte in the @binancenigeria Telegram group on 03/05/2020.
Monthly Nano News: December 2019 + Year Recap Special
This is what NANO has been up to lately. I don't think I lie if I say it has been quite an amazing year! See you soon and happy new year! Something nice is coming soon that I have been working on for a while, stay tuned..
Why Basic Attention Token (BAT) is a Promising Crypto Investment
Hashrate: went from 54 to 76 PH/s, the low was 50 and the new all-time high is 100 PH/s. BeePool share rose to ~50% while F2Pool shrank to 30%, followed by coinmine.pl at 5% and Luxor at 3%. Staking: 30-day average ticket price is 95.6 DCR (+3.0) as of Sep 3. During the month, ticket price fluctuated between a low of 92.2 and high of 100.5 DCR. Locked DCR represented between 3.8 and 3.9 million or 46.3-46.9% of the supply. Nodes: there are 217 public listening and 281 normal nodes per dcred.eu. Version distribution: 2% at v1.4.0(pre) (dev builds), 5% on v1.3.0 (RC1), 62% on v1.2.0 (-5%), 22% on v1.1.2 (-2%), 6% on v1.1.0 (-1%). Almost 69% of nodes are v.1.2.0 and higher and support client filters. Data snapshot of Aug 31.
Obelisk posted 3 email updates in August. DCR1 units are reportedly shipping with 1 TH/s hashrate and will be upgraded with firmware to 1.5 TH/s. Batch 1 customers will receive compensation for missed shipment dates, but only after Batch 5 ships. Batch 2-5 customers will be receiving the updated slim design. Innosilicon announced the new D9+ DecredMaster: 2.8 TH/s at 1,230 W priced $1,499. Specified shipping date was Aug 10-15. FFMiner DS19 claims 3.1 TH/s for Blake256R14 at 680 W and simultaneously 1.55 TH/s for Blake2B at 410 W, the price is $1,299. Shipping Aug 20-25. Another newly noticed miner offer is this unit that does 46 TH/s at 2,150 W at the price of $4,720. It is shipping Nov 2018 and the stats look very close to Pangolin Whatsminer DCR (which has now a page on asicminervalue).
www.d1pool.com joined the list of stakepools for a total of 16. Australian CoinTreeadded DCR trading. The platform supports fiat, there are some limitations during the upgrade to a new system but also no fees in the "Early access mode". On a related note, CoinTree is working on a feature to pay household bills with cryptocurrencies it supports. Three new OTC desks were added to exchanges page at decred.org. Two mobile wallets integrated Decred:
Coinomiadded Decred to their Android and iOS wallets. In addition to the Apple App Store and Google Play you can download the APK directly. Coinomi features an integrated cryptocurrency exchange and is the first company to offer a mobile Decred wallet.
Reminder: do your best to understand the security and privacy model before using any wallet software. Points to consider: who controls the seed, does the wallet talk to the nodes directly or via middlemen, is it open source or not?
Bit Dialsannounced DCR support via GloBee at their bitdials.eu luxury boutique. Their separate supercar and classic car shop bitcars.eu also accepts DCR, either via GloBee or with manual invoicing in case of privacy concerns.
Targeted advertising report for August was posted by @timhebel. Facebook appeal is pending, some Google and Twitter campaigns were paused and some updated. Read more here. Contribution to the @decredproject Twitter account has evolved over the past few months. A #twitter_ops channel is being used on Matrix to collaboratively draft and execute project account tweets (including retweets). Anyone with an interest in contributing to the Twitter account can ask for an invitation to the channel and can start contributing content and ideas there for evaluation by the Twitter group. As a result, no minority or unilateral veto over tweets is possible. (from GitHub)
Meetup in Puebla City, Mexico, organized by @elian. (photo, slides, missed in July issue)
@joshuam discussed Decred and decentralized organizations with Craig Laundy, Federal Minister for Small Business, the Workplace, and Deregulation with the Australian Government, at @YBFVentures. (photos)
Meetup at @TheBlockCafe in Lisbon, Portugal. @mm presented "Decred 101 - Governance with Skin in the Game" and @moo31337 talked about Decred's 2018 roadmap. (photos: 123)
Meetup in Taipei, Taiwan. @morphymore made a short intro of Decred and noted: "After the talk, many have approached to tell me that they literally don’t hear of Decred until today, and are interested in finding out more about the merit of a hybrid consensus system.". Longer report here, some photos and a video are here.
@eSizeDave introduced Decred to the SILC Undergraduate Program students at @YBFVentures. (photo)
OKEx Global Meetup Tour in Ho Chi Minh City, Vietnam. @joshuam gave a brief presentation covering the history of Decred, how the project functions, and the importance of governance. Afterwards he joined a panel discussion and spoke about Decred's incentives for long term viability. (video, video, photo)
Blockchain Futurist Conference in Toronto, Canada. @zubairzia0 noted: "Devs and the community were held in high regard for the people who knew about decred ... one positive thing I remember was someone defending us saying 'Decred does not need a booth', I believe that comment was reflective of the quality of projects being showcased at the conference.". (photo)
Meetup at @YBFVentures in Melbourne, Australia. @joshuam discussed Decred with Graham Stuart, U.K. Minister for International Trade. (news, photos)
Small meetup with Jackson Palmer in Melbourne, Australia. (photo)
Hawthorne Street Fair in Portland, USA. Raedah Group was out answering questions about crypto and Decred. (photos)
Blockchain APAC in Melbourne, Australia. @joshuam joined a panel discussion with reps from banking, university and ISO/TC 307. @eSizeDave reports: "This enterprise conference was indeed a whole lot better than I expected. The presentations were actually full of very worthwhile information from credible people, articulated aptly to a very government, academic, and corporate crowd, who genuinely took on board valuable insights. Good to know some of these key people are Decred holders and stakers as well. I got to use the entire day to speak directly with some of the most pivotal personalities in this particular populace. Ongoing relationships have been built and strengthened.". (photos: 123)
For those willing to help with the events:
BAB: Hey all, we are gearing up for conference season. I have a list of places we hope to attend but need to know who besides @joshuam and @Haon are willing to do public speaking, willing to work booths, or help out at them? You will need to be well versed on not just what is Decred, but the history of Decred etc... DM me if you are interested. (#event_planning) The Decred project is looking for ambassadors. If you are looking for a fun cryptocurrency to get involved in send me a DM or come talk to me on Decred slack. (@marco_peereboom, longer version here)
One private work channel was successfully migrated to Matrix.
Stylish room avatars were set.
@Haon has prepared a short guide to help new Matrix users get started and join the Decred rooms.
A thread was started to discuss changes to Decred jargon with the intent to make it more consistent and accessible to newcomers. The question whether changing "official" terminology requires stakeholder approval was touched in this thread and in #documentation.
Project fund transparency and constitution were extensively discussed on Reddit and in #general.
Pre-proposal to use Politeia to approve Politeia as a legitimate decision-making tool for Decred.
Reddit: substantive discussion about Decred cons; ecosystem fund; a thread about voter engagement, Politeia UX and trolling; idea of a social media system for Decred by @michae2xl; how profitable is the Obelisk DCR1. Chats: cross-chain trading via LN; plans for contractor management system, lower-level decision making and contractor privacy vs transparency for stakeholders; measuring dev activity; what if the network stalls, multiple implementations of Decred for more resilience, long term vision behind those extensive tests and accurate comments in the codebase; ideas for process for policy documents, hosting them in Pi and approving with ticket voting; about SPV wallet disk size, how compact filters work; odds of a wallet fetching a wrong block in SPV; new module system in Go; security of allowing Android app backups; why PoW algo change proposal must be specified in great detail; thoughts about NIPoPoWs and SPV; prerequisites for shipping SPV by default (continued); Decred vs Dash treasury and marketing expenses, spending other people's money; why Decred should not invade a country, DAO and nation states, entangling with nation state is poor resource allocation; how winning tickets are determined and attack vectors; Politeia proposal moderation, contractor clearance, the scale of proposals and decision delegation, initial Politeia vote to approve Politeia itself; chat systems, Matrix/Slack/Discord/RocketChat/Keybase (continued); overview of Korean exchanges; no breaking changes in vgo; why project fund burn rate must keep low; asymptotic behavior of Decred and other ccs, tail emission; count of full nodes and incentives to run them; Politeia proposal translations and multilingual environment. An unusual event was the chat about double negatives and other oddities in languages in #trading.
DCR started the month at USD 56 / BTC 0.0073 and had a two week decline. On Aug 14 the whole market took a huge drop and briefly went below USD 200 billion. Bitcoin went below USD 6,000 and top 100 cryptos lost 5-30%. The lowest point coincided with Bitcoin dominance peak at 54.5%. On that day Decred dived -17% and reached the bottom of USD 32 / BTC 0.00537. Since then it went sideways in the USD 35-45 / BTC 0.0054-0.0064 range. Around Aug 24, Huobi showed DCR trading volume above USD 5M and this coincided with a minor recovery. @ImacallyouJawdy posted some creative analysis based on ticket data.
StopAndDecrypt published an extensive article "ASIC Resistance is Nothing but a Blockchain Buzzword" that is much in line with Decred's stance on ASICs. The ongoing debates about the possible Sia fork yet again demonstrate the importance of a robust dispute resolution mechanism. Also, we are lucky to have the treasury. Mark B Lundeberg, who found a vulnerability in atomicswap earlier, published a concept of more private peer-to-peer atomic swaps. (missed in July issue) Medium took a cautious stance on cryptocurrencies and triggered at least one project to migrate to Ghost (that same project previously migrated away from Slack). Regulation: Vietnam bans mining equipment imports, China halts crypto events and tightens control of crypto chat groups. Reddit was hacked by intercepting 2FA codes sent via SMS. The announcement explains the impact. Yet another data breach suggests to think twice before sharing any data with any company and shift to more secure authentication systems. Intel and x86 dumpsterfire keeps burning brighter. Seek more secure hardware and operating systems for your coins. Finally, unrelated to Decred but good for a laugh: yetanotherico.com.
About This Issue
This is the 5th issue of Decred Journal. It is mirrored on GitHub, Medium and Reddit. Past issues are available here. Most information from third parties is relayed directly from source after a minimal sanity check. The authors of Decred Journal have no ability to verify all claims. Please beware of scams and do your own research. Feedback is appreciated: please comment on Reddit, GitHub or #writers_room on Matrix or Slack. Contributions are welcome too. Some areas are collecting content, pre-release review or translations to other languages. Check out @Richard-Red's guide how to contribute to Decred using GitHub without writing code. Credits (Slack names, alphabetical order): bee, Haon, jazzah, Richard-Red and thedecreddigest.
Lisk Highlights Weekly roundup March 2nd 2019. The week in which we were selected by Bitpanda!
Hello everybody. The LISK project and it's enthusiasts are always busy, and this week past has certainly been no exception. Seeing is believing, so here is a recap of the highlights and interesting items from the past week on the LISK subreddit and beyond.....
Lisk Sidechain Project Presents at a workshop organized by a head of Volksbank.
Christian Junger, CEO of the MADANA project recently delivered a presentation on blockchain technology, its banking use cases, and how decentralization can strengthen privacy. What was extra special about this presentation was the audience; a consortium of heads of banks. Christian was essentially driving home to these leaders the message that the technology we use today isn’t designed for privacy, it is designed for the opposite - to be found and traced! Volkbank, who organised the workshop are the biggest German bank consortium comprising of 1,099 independent credit unions. Presentations such as this one are a good way to build bonds that will last long past MADANA's main sale and on into the release of the MADANA product. Who knows, maybe some of these banking leaders might even be interested in the MADANA product for their own uses also!
Lisk Sidechain Project Team to Review and Strategise in London this March.
Lisk in space?
My sources tell me that one of the highlights of the first Lisk Center Utrecht meetup was the quirky presentation delivered by Blockchain030. Titled "Crypto in Space", it proposed a hypothetical situation where there exists a colony on the Moon or Mars, and how that would work moneywise? Blockchain030 founders Susanne Pieterse and Marc Buma speculated that having physical coins or banknotes in space would be way too unwieldy an undertaking, and questioned "would you leave your money on another planet?" They discussed three different scenarios that illustrated how cryptocurrencies and blockchain can be used by future interplanetery colonists. One of the more offbeat scenarios was a blockchain based on Mars, with miners/validation situated on the red planet, but outworlders could also participate and create accounts. The pros would be that could provide a way for people that live on Mars to generate an income. Mars would become a Tax haven, especially if exchange to/from Earth coins would be possible. Complicating factors of course would be how to power the miners/validation on Mars, the question of and how successful digital currencies would be in a very small population as would be on Mars initially. A pair of the slides from the presentation can be seen HERE. On Monday the 28th January 2019, Lisk Center Utrecht (LCU) inked a partnership agreement with these interesting folks from Blockchain030. Blockchain030 is THE hub for blockchain technology within the Utrecht region. Their goal is to exchange knowledge, collaboration and business consultancy through meetings. Lisk center Utrecht's aim similarly is to create awareness for blockchain initiatives and help people through sharing knowledge, networking and collaborations. By Lisk Center Utrecht facilitating a physical location for designers, developers etc. to work together it will help many blockchain initiatives to grow their projects from a central hub. LCU is over 200 square metres of private office space with around 40 places available.... and all 100% free to users. These two partners wiill mesh together really well in my opinion. It is expected that the founders of Blockchain030 (Marc Buma , Eric van Riet Paap and Susanne Pieterse) will regularly be present in the LCU. You can read more about Blockchain030 HERE on their official website. I would advise using a browser with a translate function when viewing it if you do not speak Dutch.
Lisk's Good Month for Exchange Announcements.
You may remember how back in late January I wrote about Lisk getting the green light to move from the main mass market section of the KuCoin exchange to their KuCoin Plus Trading Area. Once tokens are promoted then KuCoin users can assume that these projects are well performing, are solid, and have less risk than the tokens traded in the main market. To be upgraded, projects had to meet three separate criteria.
Tokens must be ranked in the top 40 on coinmarketcap.com
The project needs to rank in the top 10% for trading volume out of all projects listed on KuCoin for two months consecutively
The project must also be highly rated by KuCoin’s internal review system
Now as well as the KuCoin upgrade Lisk has also received an upgrade from the Binance exchange. They have been awarded the V Label badge on the profile of their Binance Info page. This signals to the customer that Binance Info has determined the authenticity of the project team related to the Lisk project. Once a token listing receives the V Label badge, Binance users can assume that this project is legit, and in theory should be less risky than the tokens traded without the label. Great news for Lisk's profile on the exchange I feel.
The final piece of good news that I have to pass on is one I am sure you have heard about already, but it bears repeating for those who have not heard the news yet..... Lisk will be available to trade on Bitpanda from March 7th. In a public twitter poll to select Bitpanda's latest listing Lisk garnered 44% of the vote versus 26% for Dogecoin, 23% for Basic Attention Token, and 7% for Golem. Bitpanda is an Austrian based cryptocurrency exchange catering mostly to Europe with a user base of over 900000. This listing is great news for Lisk; more eyes on us and more liquidity. Great stuff.