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RIP my old PC, your sacrifice was for the greater good.

Grats everyone

>"This will give the sia community the ability to fork and could invalidate all non-Obelisk siacoin ASIC miners on the forked chain," the company writes. Ugh, more of this garbage? Obelisk wants to play dirty to gain a monopoly on the mining market and they claim Bitmain is the evil one? Heck that also wouldn't just knock Bitmain off the network it'd knock Innosillicon off the network too. Please no one fall for Obelisk's lies. This isn't in the communities best interest, this is against the communities best interest.

It's unfortunate the article's author didn't do enough research to correctly describe the current efforts, leading to the comments in this thread. We know journalism is a quest for eyeballs, hence this effort is described as some sort of jihad against Jihan, which it of course is not. While this effort does favor one manufacturer over another FOR A BRIEF PERIOD OF TIME, it's purpose is to ameliorate ill-will that was percolating into a threatened legal action. By releasing the steam out of this legal kettle, the community seeks to keep the Sia project on track. After the period, ALL miner brands will be welcome on the network. And to be clear, mining on the network today with anything but the fastest ASIC model (not Bitmain) is not profitable at standard electricity costs. As with all ASIC implementation, new and faster units are likely just around the corner and this whole dust-up will be a footnote in the project history. If Bitmain wishes to dominate the Sia network, it only has to produce units that outperform anything else on the network as it should be.

This is best for the community :) Lets go Sia Team. :)

If you mine Sia with an ASIC we should have a discussion about what happens after the not yet planned but most likely happening soon attack, err, fork. The great news is that any fork utilizing the back door code, made by them, is basically an economic attack against competing miners and Asics producers. It's a really fun case study about who's liable or potentially liable. You open up nice anticompetition and monopoly issues, especially because in doing so there's a clear beneficiary of those actions. You can look at the past statements about who coded the kill switch and why. Feel free to repost them if you want. Good times. What's really great is there are past statements initially in support of the fork (January) and about attacking competitors. Its not like any of that went away. The internet is amazing. And now that the discussion is back again, it's still great! What's better is if there were statements that nebulous was supporting the fork or supporting the fork code it had created the code as it could potentially expand liability issues. It's not like the law simply goes away. You could get federal and state issues. Talk about being between a rock and a hard place. The possibility of being sued by purchasers or sued by competitors? Where are there more damages and which is more expensive to defend against? So did you spend money on machines? Are you well capitalized? How much did you spend? Did you spend $1k on Asics or more like $50k on Asics. (We've spent a lot and are well capitalized). Regardless of what you spent, it's critically important to document how much earning/revenue is lost from any attack, why you lost that, and how long those losses last. It's not like you were promised anything when buying these competing Asics but after the great statements about bitmain and others attacking Sia and there's an intent to cause economic harm, you might not be a decentralized coin anymore. You could be in fact a security. You could actually have issued a security. The whole mode of control. It's like they're trying to make it easy. All I'm saying is rock and a hard place. Any decision will result in short term economic pain. Adding a developer reward from the block reward? This is gonna be fun. Not sure if there's enough popcorn. Regardless, there's no easy answer and tough choices. You know what would be even worse though... If someone wrote firmware for s11s and a3s that mitigates the kill switch. Again. Talk about tough decisions. So. We're ready. One way or another, we're ready.

From what I understand FaustianAGI's proposal, which they are considering, would be to do a temporary fork for X amount of time then fork back. You can read the proposal here. https://www.reddit.com/r/siacoin/comments/94ji0q/a_community_proposal_to_resolve_the_obelisk/ Excerpt "The algorithm change would occur with a corrective fork to provide exclusivity for community Obelisk units to mine profitability. This period should be time-limited with a date-certain reversion back to a network supporting the original algorithm through a second corrective fork. A Difficulty adjustment combined with a much lower hashrate should allow for Obelisk ROI and some profitability in a short period."

Finally!!

Not sure how this is any better? Basically fuck Bitmain (which ya I agree Fuck Bitmain...) but its ok for Obelisk to take their spot, cause we really like them...

Doesn't that scream centralization? 🤔

It's already a great replacement for coinbase and other fiat apps like paypal/venmo. I actually love the app-card interface, and the ease at which you can buy and sell BTC to fiat in the app is second to none. Having a BTC maximalist in charge is very comforting too. There are none of Coinbase's huge fees for buying btc, as well. Sadly, they don't let you send external bitcoins into your account, however. There is no replacement for Bitpay's visa debit card here, for instance. If they add that function It'll be game over for the rest of the market... Cash App will be the one app to rule all fiat to btc interaction. (In the US, at least.)

Useless to me, you can't sell coins bought some place else

This is old news the ability to buy and sell BTC has been on cash app for almost a year now. https://www.forbes.com/sites/laurashin/2017/11/14/squares-cash-app-a-new-place-to-buy-and-sell-bitcoin/ This sub is getting desperate. I've had this option for so long and use the app regularly. Nobody uses it for Bitcoin.

It seems only the selling part works /jk

Even New York! Wow, that's either a risky move or an expensive one

If they allow automatic buys/dollar cost averaging they'll pull a lot of Coinbase users.

tried to buy some on there... but my bank declined the transaction lol.

Although I’m not smart enough to take my own advice, it’s probably worthwhile to keep some fiat in you CB account, and transfer to CB Pro when you’re ready to make a buy. You will save 1-2% when doing that over buying with the Cash App.

Oh cool, I was hoping we'd drop another 20%

The bit license is such a mafia tax. I mean how are new yorkers safer now from scams?

Nice! unlike Robinhood, [you can withdraw Bitcoin from Cash App](https://gyazo.com/1dbb67b35aa9d4cb5145e38cc4694a1e)

Who cares. No ones coming to buy in this bear market. Good they prepared for next run which is few years away

Any plans for opening outside of US?

[https://squareup.com/help/us/en/article/6307-getting-started-with-bitcoin-in-cash-app](https://squareup.com/help/us/en/article/6307-getting-started-with-bitcoin-in-cash-app) KYC is required for external withdrawal but at least we know it's possible. It's interesting though, 99% of people will not be doing this, so normies will just be sitting on these coins (def not a whole coin) in their square app. Is square an exchange now? Are they audit-able for how much btc they hold?

What about sending and receiving Bitcoin???

you know that this is early in the game when something like this is news... like now you can shop this in all 50 states! we dont even have a number of options and competition in retail yet

This seems HUGE.

promote square and bloat the blockchain. square needs to utilize batching and segwit before we can get behind them.

Funny. Last week I asked Square support when they would open in New York and they said they don't know.

Does anyone know about their fees? I will give it a try if the fees are fair.

Nice! Just in time for all the shorts to be liquidated.

you had me at Fugazi

But recently, some projects have already migrated to Stellar platform. Be positive on it! :)

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Stellar and 0x are the best projects to build on and soon next bull run these projects will be on top

My favorite line was “typically skyscrapers are built on bedrock, not other skyscrapers”.

Someone should tell Crypterium.

[https://www.youtube.com/watch?v=y28Diszaoo4](https://www.youtube.com/watch?v=y28Diszaoo4) activate crab-17

Christian, Well done! Appreciate the clarity and the courage. How to get this message across to the ICO community when they seem to be buried under?

Well I'll be damned, an informational piece with data. Someone spread this to the uninformed masses! BTW, very well written piece.

Maybe the reason no one is doing their ICOs on Stellar is because the smart contracts are not Turing Complete.

An ICO on Stellar is always better and we know it! thanks Stellar for bring us to all of us develop our projects :D

Can you feel the burn? Woah!

I wonder what the comments would be like if this were posted in r/ethereum.

It's tough realizing how early we are on this platform

Christian Well written, Tomer great work! Cant wait to use StellarX. Hope this gets posted everywhere. PS: and if you read this and decide to build on Stellar instead of Ether you owe these guys a portion of that 13k.

the only reason to do your ICO on ethereum for most start ups right now is that you can raise a lot more money, since a lot more people have an ether wallet and the comunity is a lot bigger. this will change, the more stellar gets adopted. i just used myetherwallet.com to send some ICO tokens, and it really is not straight forward to use with gas price and gas limit. stellar is a lot easier to use than ethereum wallets.

This is simply stating why the proof of stake upgrade matters. Stellar is faster right now, but it doesn't have EEA level backing. There are strengths and weaknesses in each ecosystem.

Having such competent and established tech entrepreneurs working on stellar gives me so much confidence in XLM’s future.

beautiful work. thank you

Do you have any stellar metrics for comparison?

This. Is. Awesome. Such a great read. This needs to be shared far and wide. press releases. TV commercials. Movie trailers. :) Love it.

" In practice, of course, as your Ethereum app becomes unresponsive, users will help it catch up, by leaving. "

Sorry for the other post with the broken link - I posted it from mobile and something happened. This link works.

Imagine if we had an exchange... VEF/BTC... Currently all we have is localbitcoins.

they say its anonymous but what about that "bitcoin maven" who was taken off localbitcoins by the us govt recently

Who do you think is caculating the risk?

Unload that BCH on those poor traditional investors.. nice one.

To get the whole picture, read this -- https://medium.com/@btcWolves/a-bch-update-bitmain-bch-the-ipo-what-it-all-actually-means-354220b86ac3 BCash has gone lower of course, so its even worse now.

It could be also their exit scam. Like bitconnect did with its ico... Also they got around $20 mil funds recently for "advance in developing better technologies"... hmm

Two spelling mistakes in the first sentence... I don't know man.

Those $600-700 million are losses IN ADDITION to their BCH liabilities: manufacturing errors, useless inventory, etc.: https://www.reddit.com/r/Bitcoin/comments/96zuuj/demand_2018q2_financials_from_bitmain_before/

good info

Now I like the look of this!

Fantasy football seems to be massive , this should make a log of people happy

This is going to be so popular

Game changer

Wonder if the rumors that the i7-9700K would not have hyperthreading is related to this.

Any exploits published yet?

CVE's (details on Mitre pending) * CVE-2018-3615 (SGX: Intel "secure enclave") * CVE-2018-3620 (OS/SMM, System Management Mode) * CVE-2018-3646 (Virtualization). Technical Articles/responses from major vendors * Microsoft: [https://blogs.technet.microsoft.com/srd/2018/08/10/analysis-and-mitigation-of-l1-terminal-fault-l1tf/](https://blogs.technet.microsoft.com/srd/2018/08/10/analysis-and-mitigation-of-l1-terminal-fault-l1tf/) * RedHat: [https://access.redhat.com/security/vulnerabilities/L1TF](https://access.redhat.com/security/vulnerabilities/L1TF) * Intel: [https://software.intel.com/security-software-guidance/software-guidance/l1-terminal-fault](https://software.intel.com/security-software-guidance/software-guidance/l1-terminal-fault) Looks like MS/RedHat both have \*some\* patches, which will likely require registry entries or kernel options to fully enable. System performance impact is expected but not fully known. For full mitigation on VM platforms they're also recommending that you disable HyperThreading (OUCH!) or run "Core Scheduler" if using Server 2016+ For any devs out there, this seems like a very good reason to clear any sensitive memory areas post-processing as a matter of practice when dealing with apps that use "sensitive" data. It'll have some performance impact but if it's coded in it should be minor. I doubt this is the last of these types of attacks, and it certainly isn't the first.

This is dope

Link to Intel Newsroom: https://newsroom.intel.com/editorials/protecting-our-customers-through-lifecycle-security-threats/ Resource page from Intel, including patches for all major vendors: https://www.intel.com/content/www/us/en/architecture-and-technology/l1tf.html

The [flaw](https://www.intel.com/content/www/us/en/security-center/advisory/intel-sa-00161.html) extends outside of SGX as it basically means that the CPU does some speculative accesses during a page-walk. In other words there are three problems: 1. SGX protection bypass 2. EPT protection bypass (has an impact on most/all hypervisors) 3. SMM protection bypass

[Here is the link to the original comment thread.](https://www.reddit.com/r/Bitcoin/comments/97ciz6/despite_its_70_price_drop_bitcoin_surpassed_gold) Or you can comment here to start a discussion. **Author**: _whatsoncrypto_