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Why tron but no ICX? :(

> Today's launch is part of LINE's wider push into the cryptocurrency space and comes just a month after it officially started the operation of its cryptocurrency trading platform called Bitbox. Raises eyebrow >It was also announced today that Bitbox has listed TRX – the native token of the June launched TRON blockchain – as the first crypto project listed on the exchange for trading following a review process conducted by a dedicated Bitbox committee. Oh well ... that escalated quickly.

Line is not Japanese, it’s Korean.

LINE is pretty damn famous in Asia, it can be good for us.

Underrated news of the week. Direct on ramp to USD/AUD..

If you're interested in sending remittances through crypto, join us at /r/cryptoremittances. We're small but with big dreams!

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Imagine unironically being a NoLinker.

It's just a larp crypto startup. They are literal who's

you mind NOT crossposting this stuff?

literally who?

[deleted]

Singularity is near

>incorporates ChainLink’s oracle functionality into the OpenLaw protocol. Oh fugg

Mere hours after the "Growing Network Effects" post too. My jimmies are hereby rustled

Wow thanks for sharing

Wow that’s sounds very interesting great post 👍

There's been a lot of interest in this

Let's hope this is start of mainstream domination

Nice 😁 I didnt realise it was even close to being live

very interesting...

Awesome, this is going to be one too watch

Cool! Let's see how this goes 😉

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

Grats everyone

If you haven't read the actual proposal, please do so. i think it's an excellent idea and I fully support it.

in my opinion it's not so good here for those who own other miners. I mean who owns s9 did not go from the bitcoin team to recline to change algorithm because they do not make it anymore. Are we joking? mining has always been a war and you already knew it before buying obelisk ... I've always believed a lot in the SIA project but in the last week I'm very disappointed. It seems clear that you do not want to support the project here ... and I have already redirected all asic on another project. sorry my english i'm translating with google

>"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? 🤔

Can you transfer bitcoin from Coinbase to square?

best btc for your buck app. Lets enjoy this while it lasts because at some point the fun will end.

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.

Even though the data is valuable, the main thrust of the article is misleading, as it overlooks the most important fact: 93 of the top 100 tokens by market capitalization are Ethereum-based ERC20 tokens. Consequently, the ERC20 standard has a lot more services, like exchanges, and software, like wallets, geared towards it, and offers a lot more liquidity than any other token standard. This is simply network effects in action, and why projects are more likely to launch their tokens on Ethereum than any other platform. If speed is what you want, there's always a MySQL database. If you want an interoperable and immutable platform, you choose Ethereum.

> Improvements like sharding or Casper are promising in theory, but those will be complex fixes layered over Ethereum’s almost maximal complexity. Something like lightning can rely on Bitcoin’s inherent simplicity Lightning is way simpler on Ethereum. Compare the 59-page Lightning [paper](https://lightning.network/lightning-network-paper.pdf) (pdf) with this two-page Ethereum [implementation](https://www.blunderingcode.com/a-lightning-network-in-two-pages-of-solidity/) fully described in a short blog post. That doesn't cover things like routing, but neither does the LN paper. But Casper and sharding do something entirely different than Lightning: they do on-chain scaling, not just off-chain. And Ethereum is significantly simpler than Bitcoin in at least one way, by using account balances instead of UTXOs. Accounts are simpler to implement in clients and simpler to build on. See Vitalik's [article](https://medium.com/@ConsenSys/thoughts-on-utxo-by-vitalik-buterin-2bb782c67e53) on the subject.

>Ethereum processes transactions using two numbers, a transaction nonce (what we’ll call the “nonce”) and an account nonce that, for clarity, we’ll sometimes call the “count”. The transaction nonce puts an account’s transactions in order; the account nonce counts whenever one of them is mined. When a new transaction, with its nonce, is submitted, Ethereum compares that nonce to the current count to decide what to do. If the transaction’s nonce is lower than the count, the transaction is ignored. If it’s higher, the transaction is delayed. Only if/when the nonce *matches* the count can the transaction move into a block. Is that really true? I could swear I read elsewhere that if my last confirmed transaction has for example nonce 5, then my transactions with nonce 6, 7 and 8 can still go in the same block if the miner have received them all.

"StellarX", the trading app, not "Stellar", the protocol (completely different devs from what I can tell). The article isn't stating anything new or interesting... Most of their criticism is based on the fact that Ethereum is slow and expensive (like every other public permissionless blockchain)... Yeah, we know that... Hence, the layer 1 and 2 scalability solutions which have been worked for over 3 years now... Not at all impressed by this low blow.

i mean yes if your dapp needs 8 tps nonstop for 3 hours, then use a side chain. its pretty obvious that would happen otherwise. shit article

Great article. Hope we get more discussion on fit for purpose of ico-platform.

Great read, thanks for posting. And also for the link to the page about the Great Filter, a interesting morning read.

I like well written and founded criticism on ethereum. Still bullish.

Why would most dapps funded through ICO's care about Ethereum's transactional capacity? They don't plan on delivering anyway. Ethereum will keep being the go-to choice for new dapps, since their founders need to sell the tokens on markets with volume.

Saw this post on r/ethereum as well. Wanted to share here but someone beat me. Indeed great article with sense of humor. I had great laugh on the high end fashion. Lol

Secondary scaling and chains will introduce a significant amount of bandwidth to speed. Where most people fail is thinking everything needs to be written in real-time and mined into a root chain. Separately there is an argument for doing an ICO at all, or via a blockchain token. Not saying you shouldn’t. But you absolutely should not compare blockchain tech and fundraising mechanisms. Anyone with more than a few minutes experience in tech will know those are separate considerations for both Venture Capitalists (VCs) and customers. Stay curious. Question the data. Hedge your emotional or financial investments (not actual financial advice).

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

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