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Why i’m bullish on Zilliqa (long read)

Edit: TL;DR added in the comments
 
Hey all, I've been researching coins since 2017 and have gone through 100s of them in the last 3 years. I got introduced to blockchain via Bitcoin of course, analyzed Ethereum thereafter and from that moment I have a keen interest in smart contact platforms. I’m passionate about Ethereum but I find Zilliqa to have a better risk-reward ratio. Especially because Zilliqa has found an elegant balance between being secure, decentralized and scalable in my opinion.
 
Below I post my analysis of why from all the coins I went through I’m most bullish on Zilliqa (yes I went through Tezos, EOS, NEO, VeChain, Harmony, Algorand, Cardano etc.). Note that this is not investment advice and although it's a thorough analysis there is obviously some bias involved. Looking forward to what you all think!
 
Fun fact: the name Zilliqa is a play on ‘silica’ silicon dioxide which means “Silicon for the high-throughput consensus computer.”
 
This post is divided into (i) Technology, (ii) Business & Partnerships, and (iii) Marketing & Community. I’ve tried to make the technology part readable for a broad audience. If you’ve ever tried understanding the inner workings of Bitcoin and Ethereum you should be able to grasp most parts. Otherwise, just skim through and once you are zoning out head to the next part.
 
Technology and some more:
 
Introduction
 
The technology is one of the main reasons why I’m so bullish on Zilliqa. First thing you see on their website is: “Zilliqa is a high-performance, high-security blockchain platform for enterprises and next-generation applications.” These are some bold statements.
 
Before we deep dive into the technology let’s take a step back in time first as they have quite the history. The initial research paper from which Zilliqa originated dates back to August 2016: Elastico: A Secure Sharding Protocol For Open Blockchains where Loi Luu (Kyber Network) is one of the co-authors. Other ideas that led to the development of what Zilliqa has become today are: Bitcoin-NG, collective signing CoSi, ByzCoin and Omniledger.
 
The technical white paper was made public in August 2017 and since then they have achieved everything stated in the white paper and also created their own open source intermediate level smart contract language called Scilla (functional programming language similar to OCaml) too.
 
Mainnet is live since the end of January 2019 with daily transaction rates growing continuously. About a week ago mainnet reached 5 million transactions, 500.000+ addresses in total along with 2400 nodes keeping the network decentralized and secure. Circulating supply is nearing 11 billion and currently only mining rewards are left. The maximum supply is 21 billion with annual inflation being 7.13% currently and will only decrease with time.
 
Zilliqa realized early on that the usage of public cryptocurrencies and smart contracts were increasing but decentralized, secure, and scalable alternatives were lacking in the crypto space. They proposed to apply sharding onto a public smart contract blockchain where the transaction rate increases almost linear with the increase in the amount of nodes. More nodes = higher transaction throughput and increased decentralization. Sharding comes in many forms and Zilliqa uses network-, transaction- and computational sharding. Network sharding opens up the possibility of using transaction- and computational sharding on top. Zilliqa does not use state sharding for now. We’ll come back to this later.
 
Before we continue dissecting how Zilliqa achieves such from a technological standpoint it’s good to keep in mind that a blockchain being decentralised and secure and scalable is still one of the main hurdles in allowing widespread usage of decentralised networks. In my opinion this needs to be solved first before blockchains can get to the point where they can create and add large scale value. So I invite you to read the next section to grasp the underlying fundamentals. Because after all these premises need to be true otherwise there isn’t a fundamental case to be bullish on Zilliqa, right?
 
Down the rabbit hole
 
How have they achieved this? Let’s define the basics first: key players on Zilliqa are the users and the miners. A user is anybody who uses the blockchain to transfer funds or run smart contracts. Miners are the (shard) nodes in the network who run the consensus protocol and get rewarded for their service in Zillings (ZIL). The mining network is divided into several smaller networks called shards, which is also referred to as ‘network sharding’. Miners subsequently are randomly assigned to a shard by another set of miners called DS (Directory Service) nodes. The regular shards process transactions and the outputs of these shards are eventually combined by the DS shard as they reach consensus on the final state. More on how these DS shards reach consensus (via pBFT) will be explained later on.
 
The Zilliqa network produces two types of blocks: DS blocks and Tx blocks. One DS Block consists of 100 Tx Blocks. And as previously mentioned there are two types of nodes concerned with reaching consensus: shard nodes and DS nodes. Becoming a shard node or DS node is being defined by the result of a PoW cycle (Ethash) at the beginning of the DS Block. All candidate mining nodes compete with each other and run the PoW (Proof-of-Work) cycle for 60 seconds and the submissions achieving the highest difficulty will be allowed on the network. And to put it in perspective: the average difficulty for one DS node is ~ 2 Th/s equaling 2.000.000 Mh/s or 55 thousand+ GeForce GTX 1070 / 8 GB GPUs at 35.4 Mh/s. Each DS Block 10 new DS nodes are allowed. And a shard node needs to provide around 8.53 GH/s currently (around 240 GTX 1070s). Dual mining ETH/ETC and ZIL is possible and can be done via mining software such as Phoenix and Claymore. There are pools and if you have large amounts of hashing power (Ethash) available you could mine solo.
 
The PoW cycle of 60 seconds is a peak performance and acts as an entry ticket to the network. The entry ticket is called a sybil resistance mechanism and makes it incredibly hard for adversaries to spawn lots of identities and manipulate the network with these identities. And after every 100 Tx Blocks which corresponds to roughly 1,5 hour this PoW process repeats. In between these 1,5 hour, no PoW needs to be done meaning Zilliqa’s energy consumption to keep the network secure is low. For more detailed information on how mining works click here.
Okay, hats off to you. You have made it this far. Before we go any deeper down the rabbit hole we first must understand why Zilliqa goes through all of the above technicalities and understand a bit more what a blockchain on a more fundamental level is. Because the core of Zilliqa’s consensus protocol relies on the usage of pBFT (practical Byzantine Fault Tolerance) we need to know more about state machines and their function. Navigate to Viewblock, a Zilliqa block explorer, and just come back to this article. We will use this site to navigate through a few concepts.
 
We have established that Zilliqa is a public and distributed blockchain. Meaning that everyone with an internet connection can send ZILs, trigger smart contracts, etc. and there is no central authority who fully controls the network. Zilliqa and other public and distributed blockchains (like Bitcoin and Ethereum) can also be defined as state machines.
 
Taking the liberty of paraphrasing examples and definitions given by Samuel Brooks’ medium article, he describes the definition of a blockchain (like Zilliqa) as: “A peer-to-peer, append-only datastore that uses consensus to synchronize cryptographically-secure data”.
 
Next, he states that: "blockchains are fundamentally systems for managing valid state transitions”. For some more context, I recommend reading the whole medium article to get a better grasp of the definitions and understanding of state machines. Nevertheless, let’s try to simplify and compile it into a single paragraph. Take traffic lights as an example: all its states (red, amber, and green) are predefined, all possible outcomes are known and it doesn’t matter if you encounter the traffic light today or tomorrow. It will still behave the same. Managing the states of a traffic light can be done by triggering a sensor on the road or pushing a button resulting in one traffic lights’ state going from green to red (via amber) and another light from red to green.
 
With public blockchains like Zilliqa, this isn’t so straightforward and simple. It started with block #1 almost 1,5 years ago and every 45 seconds or so a new block linked to the previous block is being added. Resulting in a chain of blocks with transactions in it that everyone can verify from block #1 to the current #647.000+ block. The state is ever changing and the states it can find itself in are infinite. And while the traffic light might work together in tandem with various other traffic lights, it’s rather insignificant comparing it to a public blockchain. Because Zilliqa consists of 2400 nodes who need to work together to achieve consensus on what the latest valid state is while some of these nodes may have latency or broadcast issues, drop offline or are deliberately trying to attack the network, etc.
 
Now go back to the Viewblock page take a look at the amount of transaction, addresses, block and DS height and then hit refresh. Obviously as expected you see new incremented values on one or all parameters. And how did the Zilliqa blockchain manage to transition from a previous valid state to the latest valid state? By using pBFT to reach consensus on the latest valid state.
 
After having obtained the entry ticket, miners execute pBFT to reach consensus on the ever-changing state of the blockchain. pBFT requires a series of network communication between nodes, and as such there is no GPU involved (but CPU). Resulting in the total energy consumed to keep the blockchain secure, decentralized and scalable being low.
 
pBFT stands for practical Byzantine Fault Tolerance and is an optimization on the Byzantine Fault Tolerant algorithm. To quote Blockonomi: “In the context of distributed systems, Byzantine Fault Tolerance is the ability of a distributed computer network to function as desired and correctly reach a sufficient consensus despite malicious components (nodes) of the system failing or propagating incorrect information to other peers.” Zilliqa is such a distributed computer network and depends on the honesty of the nodes (shard and DS) to reach consensus and to continuously update the state with the latest block. If pBFT is a new term for you I can highly recommend the Blockonomi article.
 
The idea of pBFT was introduced in 1999 - one of the authors even won a Turing award for it - and it is well researched and applied in various blockchains and distributed systems nowadays. If you want more advanced information than the Blockonomi link provides click here. And if you’re in between Blockonomi and the University of Singapore read the Zilliqa Design Story Part 2 dating from October 2017.
Quoting from the Zilliqa tech whitepaper: “pBFT relies upon a correct leader (which is randomly selected) to begin each phase and proceed when the sufficient majority exists. In case the leader is byzantine it can stall the entire consensus protocol. To address this challenge, pBFT offers a view change protocol to replace the byzantine leader with another one.”
 
pBFT can tolerate ⅓ of the nodes being dishonest (offline counts as Byzantine = dishonest) and the consensus protocol will function without stalling or hiccups. Once there are more than ⅓ of dishonest nodes but no more than ⅔ the network will be stalled and a view change will be triggered to elect a new DS leader. Only when more than ⅔ of the nodes are dishonest (66%) double-spend attacks become possible.
 
If the network stalls no transactions can be processed and one has to wait until a new honest leader has been elected. When the mainnet was just launched and in its early phases, view changes happened regularly. As of today the last stalling of the network - and view change being triggered - was at the end of October 2019.
 
Another benefit of using pBFT for consensus besides low energy is the immediate finality it provides. Once your transaction is included in a block and the block is added to the chain it’s done. Lastly, take a look at this article where three types of finality are being defined: probabilistic, absolute and economic finality. Zilliqa falls under the absolute finality (just like Tendermint for example). Although lengthy already we skipped through some of the inner workings from Zilliqa’s consensus: read the Zilliqa Design Story Part 3 and you will be close to having a complete picture on it. Enough about PoW, sybil resistance mechanism, pBFT, etc. Another thing we haven’t looked at yet is the amount of decentralization.
 
Decentralisation
 
Currently, there are four shards, each one of them consisting of 600 nodes. 1 shard with 600 so-called DS nodes (Directory Service - they need to achieve a higher difficulty than shard nodes) and 1800 shard nodes of which 250 are shard guards (centralized nodes controlled by the team). The amount of shard guards has been steadily declining from 1200 in January 2019 to 250 as of May 2020. On the Viewblock statistics, you can see that many of the nodes are being located in the US but those are only the (CPU parts of the) shard nodes who perform pBFT. There is no data from where the PoW sources are coming. And when the Zilliqa blockchain starts reaching its transaction capacity limit, a network upgrade needs to be executed to lift the current cap of maximum 2400 nodes to allow more nodes and formation of more shards which will allow to network to keep on scaling according to demand.
Besides shard nodes there are also seed nodes. The main role of seed nodes is to serve as direct access points (for end-users and clients) to the core Zilliqa network that validates transactions. Seed nodes consolidate transaction requests and forward these to the lookup nodes (another type of nodes) for distribution to the shards in the network. Seed nodes also maintain the entire transaction history and the global state of the blockchain which is needed to provide services such as block explorers. Seed nodes in the Zilliqa network are comparable to Infura on Ethereum.
 
The seed nodes were first only operated by Zilliqa themselves, exchanges and Viewblock. Operators of seed nodes like exchanges had no incentive to open them for the greater public. They were centralised at first. Decentralisation at the seed nodes level has been steadily rolled out since March 2020 ( Zilliqa Improvement Proposal 3 ). Currently the amount of seed nodes is being increased, they are public-facing and at the same time PoS is applied to incentivize seed node operators and make it possible for ZIL holders to stake and earn passive yields. Important distinction: seed nodes are not involved with consensus! That is still PoW as entry ticket and pBFT for the actual consensus.
 
5% of the block rewards are being assigned to seed nodes (from the beginning in 2019) and those are being used to pay out ZIL stakers. The 5% block rewards with an annual yield of 10.03% translate to roughly 610 MM ZILs in total that can be staked. Exchanges use the custodial variant of staking and wallets like Moonlet will use the non-custodial version (starting in Q3 2020). Staking is being done by sending ZILs to a smart contract created by Zilliqa and audited by Quantstamp.
 
With a high amount of DS; shard nodes and seed nodes becoming more decentralized too, Zilliqa qualifies for the label of decentralized in my opinion.
 
Smart contracts
 
Let me start by saying I’m not a developer and my programming skills are quite limited. So I‘m taking the ELI5 route (maybe 12) but if you are familiar with Javascript, Solidity or specifically OCaml please head straight to Scilla - read the docs to get a good initial grasp of how Zilliqa’s smart contract language Scilla works and if you ask yourself “why another programming language?” check this article. And if you want to play around with some sample contracts in an IDE click here. The faucet can be found here. And more information on architecture, dapp development and API can be found on the Developer Portal.
If you are more into listening and watching: check this recent webinar explaining Zilliqa and Scilla. Link is time-stamped so you’ll start right away with a platform introduction, roadmap 2020 and afterwards a proper Scilla introduction.
 
Generalized: programming languages can be divided into being ‘object-oriented’ or ‘functional’. Here is an ELI5 given by software development academy: * “all programs have two basic components, data – what the program knows – and behavior – what the program can do with that data. So object-oriented programming states that combining data and related behaviors in one place, is called “object”, which makes it easier to understand how a particular program works. On the other hand, functional programming argues that data and behavior are different things and should be separated to ensure their clarity.” *
 
Scilla is on the functional side and shares similarities with OCaml: OCaml is a general-purpose programming language with an emphasis on expressiveness and safety. It has an advanced type system that helps catch your mistakes without getting in your way. It's used in environments where a single mistake can cost millions and speed matters, is supported by an active community, and has a rich set of libraries and development tools. For all its power, OCaml is also pretty simple, which is one reason it's often used as a teaching language.
 
Scilla is blockchain agnostic, can be implemented onto other blockchains as well, is recognized by academics and won a so-called Distinguished Artifact Award award at the end of last year.
 
One of the reasons why the Zilliqa team decided to create their own programming language focused on preventing smart contract vulnerabilities is that adding logic on a blockchain, programming, means that you cannot afford to make mistakes. Otherwise, it could cost you. It’s all great and fun blockchains being immutable but updating your code because you found a bug isn’t the same as with a regular web application for example. And with smart contracts, it inherently involves cryptocurrencies in some form thus value.
 
Another difference with programming languages on a blockchain is gas. Every transaction you do on a smart contract platform like Zilliqa or Ethereum costs gas. With gas you basically pay for computational costs. Sending a ZIL from address A to address B costs 0.001 ZIL currently. Smart contracts are more complex, often involve various functions and require more gas (if gas is a new concept click here ).
 
So with Scilla, similar to Solidity, you need to make sure that “every function in your smart contract will run as expected without hitting gas limits. An improper resource analysis may lead to situations where funds may get stuck simply because a part of the smart contract code cannot be executed due to gas limits. Such constraints are not present in traditional software systems”. Scilla design story part 1
 
Some examples of smart contract issues you’d want to avoid are: leaking funds, ‘unexpected changes to critical state variables’ (example: someone other than you setting his or her address as the owner of the smart contract after creation) or simply killing a contract.
 
Scilla also allows for formal verification. Wikipedia to the rescue: In the context of hardware and software systems, formal verification is the act of proving or disproving the correctness of intended algorithms underlying a system with respect to a certain formal specification or property, using formal methods of mathematics.
 
Formal verification can be helpful in proving the correctness of systems such as: cryptographic protocols, combinational circuits, digital circuits with internal memory, and software expressed as source code.
 
Scilla is being developed hand-in-hand with formalization of its semantics and its embedding into the Coq proof assistant — a state-of-the art tool for mechanized proofs about properties of programs.”
 
Simply put, with Scilla and accompanying tooling developers can be mathematically sure and proof that the smart contract they’ve written does what he or she intends it to do.
 
Smart contract on a sharded environment and state sharding
 
There is one more topic I’d like to touch on: smart contract execution in a sharded environment (and what is the effect of state sharding). This is a complex topic. I’m not able to explain it any easier than what is posted here. But I will try to compress the post into something easy to digest.
 
Earlier on we have established that Zilliqa can process transactions in parallel due to network sharding. This is where the linear scalability comes from. We can define simple transactions: a transaction from address A to B (Category 1), a transaction where a user interacts with one smart contract (Category 2) and the most complex ones where triggering a transaction results in multiple smart contracts being involved (Category 3). The shards are able to process transactions on their own without interference of the other shards. With Category 1 transactions that is doable, with Category 2 transactions sometimes if that address is in the same shard as the smart contract but with Category 3 you definitely need communication between the shards. Solving that requires to make a set of communication rules the protocol needs to follow in order to process all transactions in a generalised fashion.
 
And this is where the downsides of state sharding comes in currently. All shards in Zilliqa have access to the complete state. Yes the state size (0.1 GB at the moment) grows and all of the nodes need to store it but it also means that they don’t need to shop around for information available on other shards. Requiring more communication and adding more complexity. Computer science knowledge and/or developer knowledge required links if you want to dig further: Scilla - language grammar Scilla - Foundations for Verifiable Decentralised Computations on a Blockchain Gas Accounting NUS x Zilliqa: Smart contract language workshop
 
Easier to follow links on programming Scilla https://learnscilla.com/home Ivan on Tech
 
Roadmap / Zilliqa 2.0
 
There is no strict defined roadmap but here are topics being worked on. And via the Zilliqa website there is also more information on the projects they are working on.
 
Business & Partnerships
 
It’s not only technology in which Zilliqa seems to be excelling as their ecosystem has been expanding and starting to grow rapidly. The project is on a mission to provide OpenFinance (OpFi) to the world and Singapore is the right place to be due to its progressive regulations and futuristic thinking. Singapore has taken a proactive approach towards cryptocurrencies by introducing the Payment Services Act 2019 (PS Act). Among other things, the PS Act will regulate intermediaries dealing with certain cryptocurrencies, with a particular focus on consumer protection and anti-money laundering. It will also provide a stable regulatory licensing and operating framework for cryptocurrency entities, effectively covering all crypto businesses and exchanges based in Singapore. According to PWC 82% of the surveyed executives in Singapore reported blockchain initiatives underway and 13% of them have already brought the initiatives live to the market. There is also an increasing list of organizations that are starting to provide digital payment services. Moreover, Singaporean blockchain developers Building Cities Beyond has recently created an innovation $15 million grant to encourage development on its ecosystem. This all suggests that Singapore tries to position itself as (one of) the leading blockchain hubs in the world.
 
Zilliqa seems to already take advantage of this and recently helped launch Hg Exchange on their platform, together with financial institutions PhillipCapital, PrimePartners and Fundnel. Hg Exchange, which is now approved by the Monetary Authority of Singapore (MAS), uses smart contracts to represent digital assets. Through Hg Exchange financial institutions worldwide can use Zilliqa's safe-by-design smart contracts to enable the trading of private equities. For example, think of companies such as Grab, Airbnb, SpaceX that are not available for public trading right now. Hg Exchange will allow investors to buy shares of private companies & unicorns and capture their value before an IPO. Anquan, the main company behind Zilliqa, has also recently announced that they became a partner and shareholder in TEN31 Bank, which is a fully regulated bank allowing for tokenization of assets and is aiming to bridge the gap between conventional banking and the blockchain world. If STOs, the tokenization of assets, and equity trading will continue to increase, then Zilliqa’s public blockchain would be the ideal candidate due to its strategic positioning, partnerships, regulatory compliance and the technology that is being built on top of it.
 
What is also very encouraging is their focus on banking the un(der)banked. They are launching a stablecoin basket starting with XSGD. As many of you know, stablecoins are currently mostly used for trading. However, Zilliqa is actively trying to broaden the use case of stablecoins. I recommend everybody to read this text that Amrit Kumar wrote (one of the co-founders). These stablecoins will be integrated in the traditional markets and bridge the gap between the crypto world and the traditional world. This could potentially revolutionize and legitimise the crypto space if retailers and companies will for example start to use stablecoins for payments or remittances, instead of it solely being used for trading.
 
Zilliqa also released their DeFi strategic roadmap (dating November 2019) which seems to be aligning well with their OpFi strategy. A non-custodial DEX is coming to Zilliqa made by Switcheo which allows cross-chain trading (atomic swaps) between ETH, EOS and ZIL based tokens. They also signed a Memorandum of Understanding for a (soon to be announced) USD stablecoin. And as Zilliqa is all about regulations and being compliant, I’m speculating on it to be a regulated USD stablecoin. Furthermore, XSGD is already created and visible on block explorer and XIDR (Indonesian Stablecoin) is also coming soon via StraitsX. Here also an overview of the Tech Stack for Financial Applications from September 2019. Further quoting Amrit Kumar on this:
 
There are two basic building blocks in DeFi/OpFi though: 1) stablecoins as you need a non-volatile currency to get access to this market and 2) a dex to be able to trade all these financial assets. The rest are built on top of these blocks.
 
So far, together with our partners and community, we have worked on developing these building blocks with XSGD as a stablecoin. We are working on bringing a USD-backed stablecoin as well. We will soon have a decentralised exchange developed by Switcheo. And with HGX going live, we are also venturing into the tokenization space. More to come in the future.”
 
Additionally, they also have this ZILHive initiative that injects capital into projects. There have been already 6 waves of various teams working on infrastructure, innovation and research, and they are not from ASEAN or Singapore only but global: see Grantees breakdown by country. Over 60 project teams from over 20 countries have contributed to Zilliqa's ecosystem. This includes individuals and teams developing wallets, explorers, developer toolkits, smart contract testing frameworks, dapps, etc. As some of you may know, Unstoppable Domains (UD) blew up when they launched on Zilliqa. UD aims to replace cryptocurrency addresses with a human-readable name and allows for uncensorable websites. Zilliqa will probably be the only one able to handle all these transactions onchain due to ability to scale and its resulting low fees which is why the UD team launched this on Zilliqa in the first place. Furthermore, Zilliqa also has a strong emphasis on security, compliance, and privacy, which is why they partnered with companies like Elliptic, ChainSecurity (part of PwC Switzerland), and Incognito. Their sister company Aqilliz (Zilliqa spelled backwards) focuses on revolutionizing the digital advertising space and is doing interesting things like using Zilliqa to track outdoor digital ads with companies like Foodpanda.
 
Zilliqa is listed on nearly all major exchanges, having several different fiat-gateways and recently have been added to Binance’s margin trading and futures trading with really good volume. They also have a very impressive team with good credentials and experience. They don't just have “tech people”. They have a mix of tech people, business people, marketeers, scientists, and more. Naturally, it's good to have a mix of people with different skill sets if you work in the crypto space.
 
Marketing & Community
 
Zilliqa has a very strong community. If you just follow their Twitter their engagement is much higher for a coin that has approximately 80k followers. They also have been ‘coin of the day’ by LunarCrush many times. LunarCrush tracks real-time cryptocurrency value and social data. According to their data, it seems Zilliqa has a more fundamental and deeper understanding of marketing and community engagement than almost all other coins. While almost all coins have been a bit frozen in the last months, Zilliqa seems to be on its own bull run. It was somewhere in the 100s a few months ago and is currently ranked #46 on CoinGecko. Their official Telegram also has over 20k people and is very active, and their community channel which is over 7k now is more active and larger than many other official channels. Their local communities also seem to be growing.
 
Moreover, their community started ‘Zillacracy’ together with the Zilliqa core team ( see www.zillacracy.com ). It’s a community-run initiative where people from all over the world are now helping with marketing and development on Zilliqa. Since its launch in February 2020 they have been doing a lot and will also run their own non-custodial seed node for staking. This seed node will also allow them to start generating revenue for them to become a self sustaining entity that could potentially scale up to become a decentralized company working in parallel with the Zilliqa core team. Comparing it to all the other smart contract platforms (e.g. Cardano, EOS, Tezos etc.) they don't seem to have started a similar initiative (correct me if I’m wrong though). This suggests in my opinion that these other smart contract platforms do not fully understand how to utilize the ‘power of the community’. This is something you cannot ‘buy with money’ and gives many projects in the space a disadvantage.
 
Zilliqa also released two social products called SocialPay and Zeeves. SocialPay allows users to earn ZILs while tweeting with a specific hashtag. They have recently used it in partnership with the Singapore Red Cross for a marketing campaign after their initial pilot program. It seems like a very valuable social product with a good use case. I can see a lot of traditional companies entering the space through this product, which they seem to suggest will happen. Tokenizing hashtags with smart contracts to get network effect is a very smart and innovative idea.
 
Regarding Zeeves, this is a tipping bot for Telegram. They already have 1000s of signups and they plan to keep upgrading it for more and more people to use it (e.g. they recently have added a quiz features). They also use it during AMAs to reward people in real-time. It’s a very smart approach to grow their communities and get familiar with ZIL. I can see this becoming very big on Telegram. This tool suggests, again, that the Zilliqa team has a deeper understanding of what the crypto space and community needs and is good at finding the right innovative tools to grow and scale.
 
To be honest, I haven’t covered everything (i’m also reaching the character limited haha). So many updates happening lately that it's hard to keep up, such as the International Monetary Fund mentioning Zilliqa in their report, custodial and non-custodial Staking, Binance Margin, Futures, Widget, entering the Indian market, and more. The Head of Marketing Colin Miles has also released this as an overview of what is coming next. And last but not least, Vitalik Buterin has been mentioning Zilliqa lately acknowledging Zilliqa and mentioning that both projects have a lot of room to grow. There is much more info of course and a good part of it has been served to you on a silver platter. I invite you to continue researching by yourself :-) And if you have any comments or questions please post here!
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Why i’m bullish on Zilliqa (long read)

Hey all, I've been researching coins since 2017 and have gone through 100s of them in the last 3 years. I got introduced to blockchain via Bitcoin of course, analysed Ethereum thereafter and from that moment I have a keen interest in smart contact platforms. I’m passionate about Ethereum but I find Zilliqa to have a better risk reward ratio. Especially because Zilliqa has found an elegant balance between being secure, decentralised and scalable in my opinion.
 
Below I post my analysis why from all the coins I went through I’m most bullish on Zilliqa (yes I went through Tezos, EOS, NEO, VeChain, Harmony, Algorand, Cardano etc.). Note that this is not investment advice and although it's a thorough analysis there is obviously some bias involved. Looking forward to what you all think!
 
Fun fact: the name Zilliqa is a play on ‘silica’ silicon dioxide which means “Silicon for the high-throughput consensus computer.”
 
This post is divided into (i) Technology, (ii) Business & Partnerships, and (iii) Marketing & Community. I’ve tried to make the technology part readable for a broad audience. If you’ve ever tried understanding the inner workings of Bitcoin and Ethereum you should be able to grasp most parts. Otherwise just skim through and once you are zoning out head to the next part.
 
Technology and some more:
 
Introduction The technology is one of the main reasons why I’m so bullish on Zilliqa. First thing you see on their website is: “Zilliqa is a high-performance, high-security blockchain platform for enterprises and next-generation applications.” These are some bold statements.
 
Before we deep dive into the technology let’s take a step back in time first as they have quite the history. The initial research paper from which Zilliqa originated dates back to August 2016: Elastico: A Secure Sharding Protocol For Open Blockchains where Loi Luu (Kyber Network) is one of the co-authors. Other ideas that led to the development of what Zilliqa has become today are: Bitcoin-NG, collective signing CoSi, ByzCoin and Omniledger.
 
The technical white paper was made public in August 2017 and since then they have achieved everything stated in the white paper and also created their own open source intermediate level smart contract language called Scilla (functional programming language similar to OCaml) too.
 
Mainnet is live since end of January 2019 with daily transaction rate growing continuously. About a week ago mainnet reached 5 million transactions, 500.000+ addresses in total along with 2400 nodes keeping the network decentralised and secure. Circulating supply is nearing 11 billion and currently only mining rewards are left. Maximum supply is 21 billion with annual inflation being 7.13% currently and will only decrease with time.
 
Zilliqa realised early on that the usage of public cryptocurrencies and smart contracts were increasing but decentralised, secure and scalable alternatives were lacking in the crypto space. They proposed to apply sharding onto a public smart contract blockchain where the transaction rate increases almost linear with the increase in amount of nodes. More nodes = higher transaction throughput and increased decentralisation. Sharding comes in many forms and Zilliqa uses network-, transaction- and computational sharding. Network sharding opens up the possibility of using transaction- and computational sharding on top. Zilliqa does not use state sharding for now. We’ll come back to this later.
 
Before we continue disecting how Zilliqa achieves such from a technological standpoint it’s good to keep in mind that a blockchain being decentralised and secure and scalable is still one of the main hurdles in allowing widespread usage of decentralised networks. In my opinion this needs to be solved first before blockchains can get to the point where they can create and add large scale value. So I invite you to read the next section to grasp the underlying fundamentals. Because after all these premises need to be true otherwise there isn’t a fundamental case to be bullish on Zilliqa, right?
 
Down the rabbit hole
 
How have they achieved this? Let’s define the basics first: key players on Zilliqa are the users and the miners. A user is anybody who uses the blockchain to transfer funds or run smart contracts. Miners are the (shard) nodes in the network who run the consensus protocol and get rewarded for their service in Zillings (ZIL). The mining network is divided into several smaller networks called shards, which is also referred to as ‘network sharding’. Miners subsequently are randomly assigned to a shard by another set of miners called DS (Directory Service) nodes. The regular shards process transactions and the outputs of these shards are eventually combined by the DS shard as they reach consensus on the final state. More on how these DS shards reach consensus (via pBFT) will be explained later on.
 
The Zilliqa network produces two types of blocks: DS blocks and Tx blocks. One DS Block consists of 100 Tx Blocks. And as previously mentioned there are two types of nodes concerned with reaching consensus: shard nodes and DS nodes. Becoming a shard node or DS node is being defined by the result of a PoW cycle (Ethash) at the beginning of the DS Block. All candidate mining nodes compete with each other and run the PoW (Proof-of-Work) cycle for 60 seconds and the submissions achieving the highest difficulty will be allowed on the network. And to put it in perspective: the average difficulty for one DS node is ~ 2 Th/s equaling 2.000.000 Mh/s or 55 thousand+ GeForce GTX 1070 / 8 GB GPUs at 35.4 Mh/s. Each DS Block 10 new DS nodes are allowed. And a shard node needs to provide around 8.53 GH/s currently (around 240 GTX 1070s). Dual mining ETH/ETC and ZIL is possible and can be done via mining software such as Phoenix and Claymore. There are pools and if you have large amounts of hashing power (Ethash) available you could mine solo.
 
The PoW cycle of 60 seconds is a peak performance and acts as an entry ticket to the network. The entry ticket is called a sybil resistance mechanism and makes it incredibly hard for adversaries to spawn lots of identities and manipulate the network with these identities. And after every 100 Tx Blocks which corresponds to roughly 1,5 hour this PoW process repeats. In between these 1,5 hour no PoW needs to be done meaning Zilliqa’s energy consumption to keep the network secure is low. For more detailed information on how mining works click here.
Okay, hats off to you. You have made it this far. Before we go any deeper down the rabbit hole we first must understand why Zilliqa goes through all of the above technicalities and understand a bit more what a blockchain on a more fundamental level is. Because the core of Zilliqa’s consensus protocol relies on the usage of pBFT (practical Byzantine Fault Tolerance) we need to know more about state machines and their function. Navigate to Viewblock, a Zilliqa block explorer, and just come back to this article. We will use this site to navigate through a few concepts.
 
We have established that Zilliqa is a public and distributed blockchain. Meaning that everyone with an internet connection can send ZILs, trigger smart contracts etc. and there is no central authority who fully controls the network. Zilliqa and other public and distributed blockchains (like Bitcoin and Ethereum) can also be defined as state machines.
 
Taking the liberty of paraphrasing examples and definitions given by Samuel Brooks’ medium article, he describes the definition of a blockchain (like Zilliqa) as:
“A peer-to-peer, append-only datastore that uses consensus to synchronise cryptographically-secure data”.
 
Next he states that: >“blockchains are fundamentally systems for managing valid state transitions”.* For some more context, I recommend reading the whole medium article to get a better grasp of the definitions and understanding of state machines. Nevertheless, let’s try to simplify and compile it into a single paragraph. Take traffic lights as an example: all its states (red, amber and green) are predefined, all possible outcomes are known and it doesn’t matter if you encounter the traffic light today or tomorrow. It will still behave the same. Managing the states of a traffic light can be done by triggering a sensor on the road or pushing a button resulting in one traffic lights’ state going from green to red (via amber) and another light from red to green.
 
With public blockchains like Zilliqa this isn’t so straightforward and simple. It started with block #1 almost 1,5 years ago and every 45 seconds or so a new block linked to the previous block is being added. Resulting in a chain of blocks with transactions in it that everyone can verify from block #1 to the current #647.000+ block. The state is ever changing and the states it can find itself in are infinite. And while the traffic light might work together in tandem with various other traffic lights, it’s rather insignificant comparing it to a public blockchain. Because Zilliqa consists of 2400 nodes who need to work together to achieve consensus on what the latest valid state is while some of these nodes may have latency or broadcast issues, drop offline or are deliberately trying to attack the network etc.
 
Now go back to the Viewblock page take a look at the amount of transaction, addresses, block and DS height and then hit refresh. Obviously as expected you see new incremented values on one or all parameters. And how did the Zilliqa blockchain manage to transition from a previous valid state to the latest valid state? By using pBFT to reach consensus on the latest valid state.
 
After having obtained the entry ticket, miners execute pBFT to reach consensus on the ever changing state of the blockchain. pBFT requires a series of network communication between nodes, and as such there is no GPU involved (but CPU). Resulting in the total energy consumed to keep the blockchain secure, decentralised and scalable being low.
 
pBFT stands for practical Byzantine Fault Tolerance and is an optimisation on the Byzantine Fault Tolerant algorithm. To quote Blockonomi: “In the context of distributed systems, Byzantine Fault Tolerance is the ability of a distributed computer network to function as desired and correctly reach a sufficient consensus despite malicious components (nodes) of the system failing or propagating incorrect information to other peers.” Zilliqa is such a distributed computer network and depends on the honesty of the nodes (shard and DS) to reach consensus and to continuously update the state with the latest block. If pBFT is a new term for you I can highly recommend the Blockonomi article.
 
The idea of pBFT was introduced in 1999 - one of the authors even won a Turing award for it - and it is well researched and applied in various blockchains and distributed systems nowadays. If you want more advanced information than the Blockonomi link provides click here. And if you’re in between Blockonomi and University of Singapore read the Zilliqa Design Story Part 2 dating from October 2017.
Quoting from the Zilliqa tech whitepaper: “pBFT relies upon a correct leader (which is randomly selected) to begin each phase and proceed when the sufficient majority exists. In case the leader is byzantine it can stall the entire consensus protocol. To address this challenge, pBFT offers a view change protocol to replace the byzantine leader with another one.”
 
pBFT can tolerate ⅓ of the nodes being dishonest (offline counts as Byzantine = dishonest) and the consensus protocol will function without stalling or hiccups. Once there are more than ⅓ of dishonest nodes but no more than ⅔ the network will be stalled and a view change will be triggered to elect a new DS leader. Only when more than ⅔ of the nodes are dishonest (>66%) double spend attacks become possible.
 
If the network stalls no transactions can be processed and one has to wait until a new honest leader has been elected. When the mainnet was just launched and in its early phases, view changes happened regularly. As of today the last stalling of the network - and view change being triggered - was at the end of October 2019.
 
Another benefit of using pBFT for consensus besides low energy is the immediate finality it provides. Once your transaction is included in a block and the block is added to the chain it’s done. Lastly, take a look at this article where three types of finality are being defined: probabilistic, absolute and economic finality. Zilliqa falls under the absolute finality (just like Tendermint for example). Although lengthy already we skipped through some of the inner workings from Zilliqa’s consensus: read the Zilliqa Design Story Part 3 and you will be close to having a complete picture on it. Enough about PoW, sybil resistance mechanism, pBFT etc. Another thing we haven’t looked at yet is the amount of decentralisation.
 
Decentralisation
 
Currently there are four shards, each one of them consisting of 600 nodes. 1 shard with 600 so called DS nodes (Directory Service - they need to achieve a higher difficulty than shard nodes) and 1800 shard nodes of which 250 are shard guards (centralised nodes controlled by the team). The amount of shard guards has been steadily declining from 1200 in January 2019 to 250 as of May 2020. On the Viewblock statistics you can see that many of the nodes are being located in the US but those are only the (CPU parts of the) shard nodes who perform pBFT. There is no data from where the PoW sources are coming. And when the Zilliqa blockchain starts reaching their transaction capacity limit, a network upgrade needs to be executed to lift the current cap of maximum 2400 nodes to allow more nodes and formation of more shards which will allow to network to keep on scaling according to demand.
Besides shard nodes there are also seed nodes. The main role of seed nodes is to serve as direct access points (for end users and clients) to the core Zilliqa network that validates transactions. Seed nodes consolidate transaction requests and forward these to the lookup nodes (another type of nodes) for distribution to the shards in the network. Seed nodes also maintain the entire transaction history and the global state of the blockchain which is needed to provide services such as block explorers. Seed nodes in the Zilliqa network are comparable to Infura on Ethereum.
 
The seed nodes were first only operated by Zilliqa themselves, exchanges and Viewblock. Operators of seed nodes like exchanges had no incentive to open them for the greater public.They were centralised at first. Decentralisation at the seed nodes level has been steadily rolled out since March 2020 ( Zilliqa Improvement Proposal 3 ). Currently the amount of seed nodes is being increased, they are public facing and at the same time PoS is applied to incentivize seed node operators and make it possible for ZIL holders to stake and earn passive yields. Important distinction: seed nodes are not involved with consensus! That is still PoW as entry ticket and pBFT for the actual consensus.
 
5% of the block rewards are being assigned to seed nodes (from the beginning in 2019) and those are being used to pay out ZIL stakers.The 5% block rewards with an annual yield of 10.03% translates to roughly 610 MM ZILs in total that can be staked. Exchanges use the custodial variant of staking and wallets like Moonlet will use the non custodial version (starting in Q3 2020). Staking is being done by sending ZILs to a smart contract created by Zilliqa and audited by Quantstamp.
 
With a high amount of DS & shard nodes and seed nodes becoming more decentralised too, Zilliqa qualifies for the label of decentralised in my opinion.
 
Smart contracts
 
Let me start by saying I’m not a developer and my programming skills are quite limited. So I‘m taking the ELI5 route (maybe 12) but if you are familiar with Javascript, Solidity or specifically OCaml please head straight to Scilla - read the docs to get a good initial grasp of how Zilliqa’s smart contract language Scilla works and if you ask yourself “why another programming language?” check this article. And if you want to play around with some sample contracts in an IDE click here. Faucet can be found here. And more information on architecture, dapp development and API can be found on the Developer Portal.
If you are more into listening and watching: check this recent webinar explaining Zilliqa and Scilla. Link is time stamped so you’ll start right away with a platform introduction, R&D roadmap 2020 and afterwards a proper Scilla introduction.
 
Generalised: programming languages can be divided into being ‘object oriented’ or ‘functional’. Here is an ELI5 given by software development academy: > “all programmes have two basic components, data – what the programme knows – and behaviour – what the programme can do with that data. So object-oriented programming states that combining data and related behaviours in one place, is called “object”, which makes it easier to understand how a particular program works. On the other hand, functional programming argues that data and behaviour are different things and should be separated to ensure their clarity.”
 
Scilla is on the functional side and shares similarities with OCaml: > OCaml is a general purpose programming language with an emphasis on expressiveness and safety. It has an advanced type system that helps catch your mistakes without getting in your way. It's used in environments where a single mistake can cost millions and speed matters, is supported by an active community, and has a rich set of libraries and development tools. For all its power, OCaml is also pretty simple, which is one reason it's often used as a teaching language.
 
Scilla is blockchain agnostic, can be implemented onto other blockchains as well, is recognised by academics and won a so called Distinguished Artifact Award award at the end of last year.
 
One of the reasons why the Zilliqa team decided to create their own programming language focused on preventing smart contract vulnerabilities safety is that adding logic on a blockchain, programming, means that you cannot afford to make mistakes. Otherwise it could cost you. It’s all great and fun blockchains being immutable but updating your code because you found a bug isn’t the same as with a regular web application for example. And with smart contracts it inherently involves cryptocurrencies in some form thus value.
 
Another difference with programming languages on a blockchain is gas. Every transaction you do on a smart contract platform like Zilliqa for Ethereum costs gas. With gas you basically pay for computational costs. Sending a ZIL from address A to address B costs 0.001 ZIL currently. Smart contracts are more complex, often involve various functions and require more gas (if gas is a new concept click here ).
 
So with Scilla, similar to Solidity, you need to make sure that “every function in your smart contract will run as expected without hitting gas limits. An improper resource analysis may lead to situations where funds may get stuck simply because a part of the smart contract code cannot be executed due to gas limits. Such constraints are not present in traditional software systems”. Scilla design story part 1
 
Some examples of smart contract issues you’d want to avoid are: leaking funds, ‘unexpected changes to critical state variables’ (example: someone other than you setting his or her address as the owner of the smart contract after creation) or simply killing a contract.
 
Scilla also allows for formal verification. Wikipedia to the rescue:
In the context of hardware and software systems, formal verification is the act of proving or disproving the correctness of intended algorithms underlying a system with respect to a certain formal specification or property, using formal methods of mathematics.
 
Formal verification can be helpful in proving the correctness of systems such as: cryptographic protocols, combinational circuits, digital circuits with internal memory, and software expressed as source code.
 
Scilla is being developed hand-in-hand with formalization of its semantics and its embedding into the Coq proof assistant — a state-of-the art tool for mechanized proofs about properties of programs.”
 
Simply put, with Scilla and accompanying tooling developers can be mathematically sure and proof that the smart contract they’ve written does what he or she intends it to do.
 
Smart contract on a sharded environment and state sharding
 
There is one more topic I’d like to touch on: smart contract execution in a sharded environment (and what is the effect of state sharding). This is a complex topic. I’m not able to explain it any easier than what is posted here. But I will try to compress the post into something easy to digest.
 
Earlier on we have established that Zilliqa can process transactions in parallel due to network sharding. This is where the linear scalability comes from. We can define simple transactions: a transaction from address A to B (Category 1), a transaction where a user interacts with one smart contract (Category 2) and the most complex ones where triggering a transaction results in multiple smart contracts being involved (Category 3). The shards are able to process transactions on their own without interference of the other shards. With Category 1 transactions that is doable, with Category 2 transactions sometimes if that address is in the same shard as the smart contract but with Category 3 you definitely need communication between the shards. Solving that requires to make a set of communication rules the protocol needs to follow in order to process all transactions in a generalised fashion.
 
And this is where the downsides of state sharding comes in currently. All shards in Zilliqa have access to the complete state. Yes the state size (0.1 GB at the moment) grows and all of the nodes need to store it but it also means that they don’t need to shop around for information available on other shards. Requiring more communication and adding more complexity. Computer science knowledge and/or developer knowledge required links if you want to dig further: Scilla - language grammar Scilla - Foundations for Verifiable Decentralised Computations on a Blockchain Gas Accounting NUS x Zilliqa: Smart contract language workshop
 
Easier to follow links on programming Scilla https://learnscilla.com/home Ivan on Tech
 
Roadmap / Zilliqa 2.0
 
There is no strict defined roadmap but here are topics being worked on. And via the Zilliqa website there is also more information on the projects they are working on.
 
Business & Partnerships  
It’s not only technology in which Zilliqa seems to be excelling as their ecosystem has been expanding and starting to grow rapidly. The project is on a mission to provide OpenFinance (OpFi) to the world and Singapore is the right place to be due to its progressive regulations and futuristic thinking. Singapore has taken a proactive approach towards cryptocurrencies by introducing the Payment Services Act 2019 (PS Act). Among other things, the PS Act will regulate intermediaries dealing with certain cryptocurrencies, with a particular focus on consumer protection and anti-money laundering. It will also provide a stable regulatory licensing and operating framework for cryptocurrency entities, effectively covering all crypto businesses and exchanges based in Singapore. According to PWC 82% of the surveyed executives in Singapore reported blockchain initiatives underway and 13% of them have already brought the initiatives live to the market. There is also an increasing list of organisations that are starting to provide digital payment services. Moreover, Singaporean blockchain developers Building Cities Beyond has recently created an innovation $15 million grant to encourage development on its ecosystem. This all suggest that Singapore tries to position itself as (one of) the leading blockchain hubs in the world.
 
Zilliqa seems to already taking advantage of this and recently helped launch Hg Exchange on their platform, together with financial institutions PhillipCapital, PrimePartners and Fundnel. Hg Exchange, which is now approved by the Monetary Authority of Singapore (MAS), uses smart contracts to represent digital assets. Through Hg Exchange financial institutions worldwide can use Zilliqa's safe-by-design smart contracts to enable the trading of private equities. For example, think of companies such as Grab, AirBnB, SpaceX that are not available for public trading right now. Hg Exchange will allow investors to buy shares of private companies & unicorns and capture their value before an IPO. Anquan, the main company behind Zilliqa, has also recently announced that they became a partner and shareholder in TEN31 Bank, which is a fully regulated bank allowing for tokenization of assets and is aiming to bridge the gap between conventional banking and the blockchain world. If STOs, the tokenization of assets, and equity trading will continue to increase, then Zilliqa’s public blockchain would be the ideal candidate due to its strategic positioning, partnerships, regulatory compliance and the technology that is being built on top of it.
 
What is also very encouraging is their focus on banking the un(der)banked. They are launching a stablecoin basket starting with XSGD. As many of you know, stablecoins are currently mostly used for trading. However, Zilliqa is actively trying to broaden the use case of stablecoins. I recommend everybody to read this text that Amrit Kumar wrote (one of the co-founders). These stablecoins will be integrated in the traditional markets and bridge the gap between the crypto world and the traditional world. This could potentially revolutionize and legitimise the crypto space if retailers and companies will for example start to use stablecoins for payments or remittances, instead of it solely being used for trading.
 
Zilliqa also released their DeFi strategic roadmap (dating November 2019) which seems to be aligning well with their OpFi strategy. A non-custodial DEX is coming to Zilliqa made by Switcheo which allows cross-chain trading (atomic swaps) between ETH, EOS and ZIL based tokens. They also signed a Memorandum of Understanding for a (soon to be announced) USD stablecoin. And as Zilliqa is all about regulations and being compliant, I’m speculating on it to be a regulated USD stablecoin. Furthermore, XSGD is already created and visible on block explorer and XIDR (Indonesian Stablecoin) is also coming soon via StraitsX. Here also an overview of the Tech Stack for Financial Applications from September 2019. Further quoting Amrit Kumar on this:
 
There are two basic building blocks in DeFi/OpFi though: 1) stablecoins as you need a non-volatile currency to get access to this market and 2) a dex to be able to trade all these financial assets. The rest are build on top of these blocks.
 
So far, together with our partners and community, we have worked on developing these building blocks with XSGD as a stablecoin. We are working on bringing a USD-backed stablecoin as well. We will soon have a decentralised exchange developed by Switcheo. And with HGX going live, we are also venturing into the tokenization space. More to come in the future.”*
 
Additionally, they also have this ZILHive initiative that injects capital into projects. There have been already 6 waves of various teams working on infrastructure, innovation and research, and they are not from ASEAN or Singapore only but global: see Grantees breakdown by country. Over 60 project teams from over 20 countries have contributed to Zilliqa's ecosystem. This includes individuals and teams developing wallets, explorers, developer toolkits, smart contract testing frameworks, dapps, etc. As some of you may know, Unstoppable Domains (UD) blew up when they launched on Zilliqa. UD aims to replace cryptocurrency addresses with a human readable name and allows for uncensorable websites. Zilliqa will probably be the only one able to handle all these transactions onchain due to ability to scale and its resulting low fees which is why the UD team launched this on Zilliqa in the first place. Furthermore, Zilliqa also has a strong emphasis on security, compliance, and privacy, which is why they partnered with companies like Elliptic, ChainSecurity (part of PwC Switzerland), and Incognito. Their sister company Aqilliz (Zilliqa spelled backwards) focuses on revolutionizing the digital advertising space and is doing interesting things like using Zilliqa to track outdoor digital ads with companies like Foodpanda.
 
Zilliqa is listed on nearly all major exchanges, having several different fiat-gateways and recently have been added to Binance’s margin trading and futures trading with really good volume. They also have a very impressive team with good credentials and experience. They dont just have “tech people”. They have a mix of tech people, business people, marketeers, scientists, and more. Naturally, it's good to have a mix of people with different skill sets if you work in the crypto space.
 
Marketing & Community
 
Zilliqa has a very strong community. If you just follow their Twitter their engagement is much higher for a coin that has approximately 80k followers. They also have been ‘coin of the day’ by LunarCrush many times. LunarCrush tracks real-time cryptocurrency value and social data. According to their data it seems Zilliqa has a more fundamental and deeper understanding of marketing and community engagement than almost all other coins. While almost all coins have been a bit frozen in the last months, Zilliqa seems to be on its own bull run. It was somewhere in the 100s a few months ago and is currently ranked #46 on CoinGecko. Their official Telegram also has over 20k people and is very active, and their community channel which is over 7k now is more active and larger than many other official channels. Their local communities) also seem to be growing.
 
Moreover, their community started ‘Zillacracy’ together with the Zilliqa core team ( see www.zillacracy.com ). It’s a community run initiative where people from all over the world are now helping with marketing and development on Zilliqa. Since its launch in February 2020 they have been doing a lot and will also run their own non custodial seed node for staking. This seed node will also allow them to start generating revenue for them to become a self sustaining entity that could potentially scale up to become a decentralized company working in parallel with the Zilliqa core team. Comparing it to all the other smart contract platforms (e.g. Cardano, EOS, Tezos etc.) they don't seem to have started a similar initiatives (correct me if I’m wrong though). This suggest in my opinion that these other smart contract platforms do not fully understand how to utilize the ‘power of the community’. This is something you cannot ‘buy with money’ and gives many projects in the space a disadvantage.
 
Zilliqa also released two social products called SocialPay and Zeeves. SocialPay allows users to earn ZILs while tweeting with a specific hashtag. They have recently used it in partnership with the Singapore Red Cross for a marketing campaign after their initial pilot program. It seems like a very valuable social product with a good use case. I can see a lot of traditional companies entering the space through this product, which they seem to suggest will happen. Tokenizing hashtags with smart contracts to get network effect is a very smart and innovative idea.
 
Regarding Zeeves, this is a tipping bot for Telegram. They already have 1000s of signups and they plan to keep upgrading it for more and more people to use it (e.g. they recently have added a quiz features). They also use it during AMAs to reward people in real time. It’s a very smart approach to grow their communities and get familiar with ZIL. I can see this becoming very big on Telegram. This tool suggests, again, that the Zilliqa team has a deeper understanding what the crypto space and community needs and is good at finding the right innovative tools to grow and scale.
 
To be honest, I haven’t covered everything (i’m also reaching the character limited haha). So many updates happening lately that it's hard to keep up, such as the International Monetary Fund mentioning Zilliqa in their report, custodial and non-custodial Staking, Binance Margin, Futures & Widget, entering the Indian market, and more. The Head of Marketing Colin Miles has also released this as an overview of what is coming next. And last but not least, Vitalik Buterin has been mentioning Zilliqa lately acknowledging Zilliqa and mentioning that both projects have a lot of room to grow. There is much more info of course and a good part of it has been served to you on a silver platter. I invite you to continue researching by yourself :-) And if you have any comments or questions please post here!
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List of Today's and Tomorrow's Upcoming Events

I will be bringing you upcoming events/announcements every day. If you want improvements to this post, please mention houseme in the comments. We will make improvements based on your feedback.
 
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NEXT DAY UPCOMING EVENTS

 
General
Bonus Payments December 31, 2019
SDK Public v4.0 Release December 31, 2019
SGN And LiBA Mainnet December 31, 2019
BlockStamp DNS December 31, 2019
Mainnet Launch December 31, 2019
TestNet Release December 31, 2019
Final Platform Release December 31, 2019
Virtual Machine December 31, 2019
Mainnet Launch December 31, 2019
WordPress Plugin December 31, 2019
Multi-Chain Paper December 31, 2019
Go-Lachesis Release December 31, 2019
Mainnet Launch December 31, 2019
Mainnet Launch December 31, 2019
Lockup Mechanism December 31, 2019
Token Burn December 31, 2019
KAT Disabling Starts December 31, 2019
Mainnet Launch December 31, 2019
MultiPass Resource Launch December 31, 2019
Mines of Falunia Release December 31, 2019
Full Platform Launch December 31, 2019
Bitcoin(BTC) New Category: Perishables December 31, 2019
NEM(XEM) Catapult Mainnet December 31, 2019
Stellar(XLM) Q4 Protocol Upgrade December 31, 2019
Verge(XVG) Hardfork / Halving December 31, 2019
Stratis(STRAT) Proof-of-Stake Sidechains December 31, 2019
Stratis(STRAT) Stratis Core 2.0 Release December 31, 2019
Stratis(STRAT) Stratis Payment Gateway December 31, 2019
Stratis(STRAT) Java + JavaScript Support December 31, 2019
Ardor(ARDR) Pruning & Snapshots December 31, 2019
Waves(WAVES) IDE & Testing December 31, 2019
Dent(DENT) DENT eSIM (embedded SIM) December 31, 2019
PIVX(PIVX) AbraGlobal International December 31, 2019
Power Ledger(POWR) Fremantle Trial Ends December 31, 2019
Enigma(ENG) Networked Testnet Deployment December 31, 2019
TenX(PAY) TenX Cards EEA Launch December 31, 2019
Vertcoin(VTC) Quarterly Update December 31, 2019
iExec RLC(RLC) IExec V4 - HPC Computing December 31, 2019
WaBi(WABI) Expand to 500 Cities December 31, 2019
WaBi(WABI) Offline Marketing December 31, 2019
WaBi(WABI) Dual Frequency Chip December 31, 2019
WaBi(WABI) Labels w/ Metal Shielding December 31, 2019
WaBi(WABI) Expands to 250 Cities December 31, 2019
WaBi(WABI) Enhanced Marketing December 31, 2019
WaBi(WABI) AI Product Recommendation December 31, 2019
WaBi(WABI) Automatic Labeling December 31, 2019
WaBi(WABI) Payment Integration December 31, 2019
Nuls(NULS) 2.0 Mainnet Launch December 31, 2019
Genesis Vision(GVT) Q4 Token Burn December 31, 2019
Genesis Vision(GVT) Genesis Vision 2.0 December 31, 2019
Aeron(ARN) CBM Discount Card December 31, 2019
Aeron(ARN) Owner & Pilot Module December 31, 2019
Aeron(ARN) Flight Excursions December 31, 2019
VIBE(VIBE) Beta p2p File Sharing December 31, 2019
VIBE(VIBE) VIBEHub VR Headset December 31, 2019
VIBE(VIBE) Update VIBEHub SDK December 31, 2019
LIFE(LIFE) LIFEPaaS® Release December 31, 2019
Stox(STX) Annual Blockstack Summit December 31, 2019
Stox(STX) Smart Contract Language December 31, 2019
Stox(STX) Blockstack Authenticator December 31, 2019
KickCoin(KICK) KICKEX Exchange December 31, 2019
LUXCoin(LUX) LUX Web3 Interface December 31, 2019
LUXCoin(LUX) Address Visualizer December 31, 2019
LUXCoin(LUX) Zero Knowledge Proofs December 31, 2019
Hubii Network(HBT) Nahmii Public Exchange December 31, 2019
Nebulas(NAS) New Mainnet Release December 31, 2019
High Performance Blockchain(HPB) V2.0 Launch December 31, 2019
IOStoken(IOST) Network Optimization December 31, 2019
Theta Token(THETA) Expand Theta Content December 31, 2019
Elastos(ELA) Trinity Browser Release December 31, 2019
WePower(WPR) PPA Portfolio Tools December 31, 2019
DADI(DADI) DADI Queue Network-ready December 31, 2019
Pundi X [NEW](NPXS) Testnet Release December 31, 2019
Wancoin(WAN) PoS Mainnet Release December 31, 2019
Wancoin(WAN) New ERC20 Integrations December 31, 2019
Wancoin(WAN) Wanchain 4.0 Release December 31, 2019
Helbiz(HBZ) Car Sharing Infrastructure December 31, 2019
IoTeX(IOTX) Decentralized Governance December 31, 2019
Phantasma(SOUL) Phantasma Storage December 31, 2019
Phantasma(SOUL) Phantasma Storage December 31, 2019
QuarkChain(QKC) Token Testnet Release December 31, 2019
Bankera(BNK) Investment Solutions December 31, 2019 [Possible Date]
The Abyss(ABYSS) Atomic Heart Beta Release December 31, 2019
GoChain(GO) Payment Solutions December 31, 2019
0chain(ZCN) Decentralized Exchange December 31, 2019
Mainframe(MFT) Voltaire Beta 1 Release December 31, 2019
OneLedger(OLT) Mainnet Release December 31, 2019
Aegeus(AEG) AEG Network Integration December 31, 2019
Mass Vehicle Ledger(MVL) MVL, Participating in R&D December 31, 2019
aXpire(AXPR) MatchBX V1.0 December 31, 2019
YGGDRASH(YEED) Token Swap December 31, 2019
YGGDRASH(YEED) Fiat Currency Chain December 31, 2019
CoinMarketSuite January 1, 2020
ZenCash(ZEN) Faucet Bonus Day January 1, 2020
Rawcoin(XRC) Special Grace Period January 1, 2020
Auxilium(AUX) AUX Interest Distribution January 1, 2020
 
Software/Platforms
New App Funnel December 31, 2019
Hardware Wallets Support December 31, 2019
First dApps December 31, 2019
Stratis(STRAT) Breeze Privacy Protocol December 31, 2019
Stratis(STRAT) Stratis Mobile Wallet December 31, 2019
Ardor(ARDR) Wallet Prototype December 31, 2019
WaBi(WABI) New Consumer Scanning App D
 
There are more events but this message got too long
submitted by cryptocalbot to kryptocal [link] [comments]

List of Today's and Tomorrow's Upcoming Events

I will be bringing you upcoming events/announcements every day. If you want improvements to this post, please mention houseme in the comments. We will make improvements based on your feedback.
 
https://kryptocal.com | /kryptocal | Android | iOS | Telegram Interactive Bot (add cryptocalapp_bot) | Telegram Channel @kryptocal
 

ADD AN EVENT

If you like an event to be added, click Submit Event, and we will do the rest.
 

NEXT DAY UPCOMING EVENTS

 
General
Bonus Payments December 31, 2019
SDK Public v4.0 Release December 31, 2019
SGN And LiBA Mainnet December 31, 2019
BlockStamp DNS December 31, 2019
Mainnet Launch December 31, 2019
TestNet Release December 31, 2019
Final Platform Release December 31, 2019
Virtual Machine December 31, 2019
Mainnet Launch December 31, 2019
WordPress Plugin December 31, 2019
Multi-Chain Paper December 31, 2019
Go-Lachesis Release December 31, 2019
Mainnet Launch December 31, 2019
Mainnet Launch December 31, 2019
Lockup Mechanism December 31, 2019
Token Burn December 31, 2019
KAT Disabling Starts December 31, 2019
Mainnet Launch December 31, 2019
MultiPass Resource Launch December 31, 2019
Mines of Falunia Release December 31, 2019
Full Platform Launch December 31, 2019
Bitcoin(BTC) New Category: Perishables December 31, 2019
NEM(XEM) Catapult Mainnet December 31, 2019
Stellar(XLM) Q4 Protocol Upgrade December 31, 2019
Verge(XVG) Hardfork / Halving December 31, 2019
Stratis(STRAT) Proof-of-Stake Sidechains December 31, 2019
Stratis(STRAT) Stratis Core 2.0 Release December 31, 2019
Stratis(STRAT) Stratis Payment Gateway December 31, 2019
Stratis(STRAT) Java + JavaScript Support December 31, 2019
Ardor(ARDR) Pruning & Snapshots December 31, 2019
Waves(WAVES) IDE & Testing December 31, 2019
Dent(DENT) DENT eSIM (embedded SIM) December 31, 2019
PIVX(PIVX) AbraGlobal International December 31, 2019
Power Ledger(POWR) Fremantle Trial Ends December 31, 2019
Enigma(ENG) Networked Testnet Deployment December 31, 2019
TenX(PAY) TenX Cards EEA Launch December 31, 2019
Vertcoin(VTC) Quarterly Update December 31, 2019
iExec RLC(RLC) IExec V4 - HPC Computing December 31, 2019
WaBi(WABI) Expand to 500 Cities December 31, 2019
WaBi(WABI) Offline Marketing December 31, 2019
WaBi(WABI) Dual Frequency Chip December 31, 2019
WaBi(WABI) Labels w/ Metal Shielding December 31, 2019
WaBi(WABI) Expands to 250 Cities December 31, 2019
WaBi(WABI) Enhanced Marketing December 31, 2019
WaBi(WABI) AI Product Recommendation December 31, 2019
WaBi(WABI) Automatic Labeling December 31, 2019
WaBi(WABI) Payment Integration December 31, 2019
Nuls(NULS) 2.0 Mainnet Launch December 31, 2019
Genesis Vision(GVT) Q4 Token Burn December 31, 2019
Genesis Vision(GVT) Genesis Vision 2.0 December 31, 2019
Aeron(ARN) CBM Discount Card December 31, 2019
Aeron(ARN) Owner & Pilot Module December 31, 2019
Aeron(ARN) Flight Excursions December 31, 2019
VIBE(VIBE) Beta p2p File Sharing December 31, 2019
VIBE(VIBE) VIBEHub VR Headset December 31, 2019
VIBE(VIBE) Update VIBEHub SDK December 31, 2019
LIFE(LIFE) LIFEPaaS® Release December 31, 2019
Stox(STX) Annual Blockstack Summit December 31, 2019
Stox(STX) Smart Contract Language December 31, 2019
Stox(STX) Blockstack Authenticator December 31, 2019
KickCoin(KICK) KICKEX Exchange December 31, 2019
LUXCoin(LUX) LUX Web3 Interface December 31, 2019
LUXCoin(LUX) Address Visualizer December 31, 2019
LUXCoin(LUX) Zero Knowledge Proofs December 31, 2019
Hubii Network(HBT) Nahmii Public Exchange December 31, 2019
Nebulas(NAS) New Mainnet Release December 31, 2019
High Performance Blockchain(HPB) V2.0 Launch December 31, 2019
IOStoken(IOST) Network Optimization December 31, 2019
Theta Token(THETA) Expand Theta Content December 31, 2019
Elastos(ELA) Trinity Browser Release December 31, 2019
WePower(WPR) PPA Portfolio Tools December 31, 2019
DADI(DADI) DADI Queue Network-ready December 31, 2019
Pundi X [NEW](NPXS) Testnet Release December 31, 2019
Wancoin(WAN) PoS Mainnet Release December 31, 2019
Wancoin(WAN) New ERC20 Integrations December 31, 2019
Wancoin(WAN) Wanchain 4.0 Release December 31, 2019
Helbiz(HBZ) Car Sharing Infrastructure December 31, 2019
IoTeX(IOTX) Decentralized Governance December 31, 2019
Phantasma(SOUL) Phantasma Storage December 31, 2019
Phantasma(SOUL) Phantasma Storage December 31, 2019
QuarkChain(QKC) Token Testnet Release December 31, 2019
Bankera(BNK) Investment Solutions December 31, 2019 [Possible Date]
The Abyss(ABYSS) Atomic Heart Beta Release December 31, 2019
GoChain(GO) Payment Solutions December 31, 2019
0chain(ZCN) Decentralized Exchange December 31, 2019
Mainframe(MFT) Voltaire Beta 1 Release December 31, 2019
OneLedger(OLT) Mainnet Release December 31, 2019
Aegeus(AEG) AEG Network Integration December 31, 2019
Mass Vehicle Ledger(MVL) MVL, Participating in R&D December 31, 2019
aXpire(AXPR) MatchBX V1.0 December 31, 2019
YGGDRASH(YEED) Token Swap December 31, 2019
YGGDRASH(YEED) Fiat Currency Chain December 31, 2019
CoinMarketSuite January 1, 2020
ZenCash(ZEN) Faucet Bonus Day January 1, 2020
Rawcoin(XRC) Special Grace Period January 1, 2020
Auxilium(AUX) AUX Interest Distribution January 1, 2020
 
Software/Platforms
New App Funnel December 31, 2019
Hardware Wallets Support December 31, 2019
First dApps December 31, 2019
Stratis(STRAT) Breeze Privacy Protocol December 31, 2019
Stratis(STRAT) Stratis Mobile Wallet December 31, 2019
Ardor(ARDR) Wallet Prototype December 31, 2019
WaBi(WABI) New Consumer Scanning App D
 
There are more events but this message got too long
submitted by cryptocalbot to CryptoMarkets [link] [comments]

\Applying for CryptoCurrency Mod/

  1. 1 year + and 1851 Positive karma.
  2. No external subs. Have experience with CSS, SCSS, and even some frameworks for styling. Programmed a simple Javascript bot for auto free rolls and reward redemptions on a bitcoin faucet website I won’t name, even though they written no policy or stances on bots.
  3. None.
  4. VET and NAV are invested in. BTC as a default, invested in. Have interest in ICON, XRP, RVN, NULS, IOST and ETH.
  5. Eastern Standard time (EST). Pretty active on reddit due to consistent time implementations of FullStack development and also interest in learning more of blockchain development.
  6. I am hoping to become a capable developer for all types of development of interest. Currently mostly proficient in Front End development, FullStack capable, dabbled in some blockchain tech stacks (Web3js, IPFS so far.). Keep on learning and implementing projects, network and expand connections for sole development purposes, and interests in coding expands beyond the listed activities. Machine learning is also something I’d I want to spend more time on, however keeping pace in my current area is better to pace on. FullStack and sometimes even replacing the typical CRUD for RW (blockchain networks) depending on projects of interests.
  7. Not at the time being. Gathering resources on reddit for possible research content and interests relating to cryptocurrency is the primary use of my account.
  8. If developing and assisting with bot development is apart of the responsibility, I’d definitely be interested.
submitted by Cuzah to CryptoRecruiting [link] [comments]

If anyone here is trying to, or wondering if they can make money from Bitcoin Faucets - Don't. They're a waste of time.

What are Bitcoin Faucets?
If you’ve researched making some beer money online, you’ve probably heard of Bitcoin faucets. Bitcoin faucets are websites that pay you in Bitcoin when you fill in a captcha (to prove you’re not a bot) and refresh the page. You generally need to hit a limit of earnings before you can withdraw.
Faucets make money from you viewing the advertisements on the page, and pay you a portion of what they earn. Many people start off thinking that it’s a way to earn money to pay for small things on the side, but are they worth it?
Can you earn money from them?
The thing you need to realise is that no one is going to just give you free money, and the amount that these faucets earn from advertisements is pretty small. The best paying faucets will generally only earn you $1-$2 per week depending on how much you use them.
There are plenty of smaller faucets, but none of them are going to pay well. Their only interest is to entice people in with promises of earning, but the only people that earn a decent amount from faucets are their owners, or people who manage to convince others to use their referral links and promise them that they’ll make money. If anyone’s telling you that a Bitcoin faucet pays out well and then sends you a referral link, you can safely assume that it doesn’t pay well, and that said person is only trying to use you so that they can get a payout themselves.
The limits that faucets set on withdrawal are to encourage you to spend more time viewing their advertisements. If you invest time in to these faucets before realising that they aren’t worth it, you’re more likely to keep using it so that you can reach your minimum withdrawal. It’s a smart move by the faucet owners, but it is completely exploiting you and your distaste for sunk costs.
On the other hand, there are some uses for Bitcoin faucets. They’re generally reasonably quick to make a few pennies, so if you need to hit a certain amount of Bitcoin to withdraw or exchange and you’re only a small amount short, you can quickly use a faucet for a bit to just top up your balance and tip you over the edge. Don’t forget that the price of Bitcoin can always rise, so technically your small amounts could be worth a bit more if you save them for the bitcoin faucetsfuture. Also, if you’re savvy, you can potentially set up your own faucet to earn some beer money, but don’t expect to make anything serious from it. Most people have already realised that they can’t make anything decent from them, and they’re dying out.
TL;DR
To conclude, Bitcoin faucets are an absolute waste of time if you’re trying to earn money from them. They’re only worth using if you just need a tiny bit of Bitcoin to hit the minimum withdrawal for something. Faucets will cost you more in electricity usage whilst you use them than you’ll receive from payouts.
You could earn much more money by using other methods instead of spending your valuable time trying to make tiny fractions of money from these faucets. Make sure to check out the other articles on this site for ideas, they’re all successful, tried and tested ways of earning money online that don’t try to exploit you like Bitcoin faucets do.
If you’re interested in Bitcoin, make sure to check out this post on how I turned $40 into $400 by trading cryptocurrencies!
If you’re looking for a good exchange to buy or sell Bitcoin, I recommend CoinCorner, where you can buy/sell BTC instantly. I’ve received nothing but great customer service from them, and they’re by far the best Bitcoin exchange I’ve used.
Copy-pasted from this post: http://www.makingmoneyontheinternet.co/making-money-from-bitcoin-faucets/
submitted by AlcoholicGeologist to beermoney [link] [comments]

What is your Dogecoin story?

Story time thread. Here, I'll share mine to start:
Back in my youth, I was fascinated by Cryptocurrency. I wanted to start with Bitcoin - but quickly found out that was impossible with my old HP Laptop. So I start looking into altcoins. I skimmed over Litecoin and considered investing in it at the time (only $9/coin), but chose against it as "it'll never become as popular as BTC". Eventually, I just really wanted to own at least one full coin. Just one, and I'll be satisfied.
That's when I discovered Dogecoin.
When I found the faucets that would distribute dogecoin like it was nothing, I immediately downloaded some random Dogewallet onto my iPod 4G. I started submitting my address to these faucets, and within an hour I had gotten something near 10 doge. I was so excited and happy. I kept this up for a bit before I got bored of it, amassing somewhere near 157 Doge just from constant faucet grind.
My interest began to dwindle, and then I discovered this subreddit. It was a strange place, and I was intimidated. I lurked through threads and laughed at all the jokes people were making, and was intrigued by the tip bot at the time. I didn't have the balls to make my own reddit account though - as I thought that was a waste of time.
My interest continued to dwindle and eventually, I needed space on my iPod for more music. I deleted the Dogecoin wallet app, and forgot about the subreddit.
Now flash back to modern day, and I'm in my Computer Science class. A friend and I began discussing cryptocurrency, and I remembered that Dogecoin was a thing! I told him about it and showed him the subreddit. I once again, began to become intrigued by the concept again. I went home and started lurking around the subreddit again, and man have things changed. More memes,
Now I plan on doing the one thing my youthful-self couldn't - joining the community on the way to moon.
submitted by Squaghetti to dogecoin [link] [comments]

Hexabot: Just Released Auto-Trading Bot HYIP, Pays Hourly Compounded Interest, 22+% Weekly ROI; Withdraw Anytime

10/30 UPDATE: I have created a wesite that reviews all the features of Hexbot in detail. Anyone interested can check out https://hexabotreview.com.
Older Post:
I'd like to share with everyone an interesting, newly released coin auto-trading bot called Hexabot. The developer behind the auto-trading bot is from the UK called Peter Shepherd (Hexabot Crypto Trading LTD). While the code is not open source, the bot is open for all to try. They are giving out free 0.0001btc as a newcomer welcome bonus just for registering a free account (no investment or deposit required). They also have a free AD-FREE daily bitcoin faucet (If anything, just use its nice faucet for free bit - screenshots below). In fact, the entire site looks super clean, modern, and is completely AD-FREE (surprising, huh?)
For those that don't want to read my detailed, initial review below, you can check out the platform directly here.
The reason I wrote this post is to...
  1. Ask: has anyone here heard of this bot and/or the dev/company behind this bot?
  2. Share my initial experience actually swing trading with 0.0005btc on this bot.
Whois shows the domain hexabot.top was registered on 9/8/2017.
In short, the bot pays hourly compounded interest and currently has three modes depending on how you want to trade:
Bot Trading Modes
They have three auto-trading bot modes to choose from with different ROI's:
  1. Scalp Trading Bot: 2.0-2.3% ROI daily
  2. Technical Trading Bot: 7.1-8.2% ROI per 3 days
  3. Swing Trading Bot: 22.1-24.1% ROI per 7 days
See screenshot of the trading modes here.
How does it work?
  1. Deposit your funds (Bitcoin and Litecoins currently accepted; 0.005btc was my minimum required deposit)
  2. Choose one of the modes. You can only have one mode on at any given time. 0.005btc was the minimum required deposit for me.
  3. That's it. It's an "Auto-trader" after all.
I personally deposited 0.005btc (the minimum) from my Coinbase account to test out the swing trading mode. I will report to everyone how the results go later...
Other Cool Features
Sounds too good to be true? What are the risks?
While everything sounds spectacular, I am partly skeptical the ROI can be always so high and/or consistent. No investment exists without risk - no "bot" can win 100%. Furthermore, can this be an amazing scam or Ponzi scheme? Only time will tell. At least its faucets are risk free... On the other hand, I do know auto-trading bots do exist and can be profitable.
What do you all think?
Once again here's the link with my affiliate id if you want to check out Hexabot for yourself (or at least grab the free bitcoin):
http://hexabot.top/?r=infinitybit
Cheers and stay awesome!
submitted by fulltimejetsetter to HYIP [link] [comments]

Wrapping my head around reddcoin and cryptocurrency in general (help)

Hello! I'm not necessarily new to the cryptoncurrency phenomenon, I first heard about bitcoins in 2010 and then I mined a couple of them in 2012( never exceeded 1 bitcoin though). I remember back then it was the "GPU" mining era, and it was fairly easy to make some bitcoins with AMD gaming video cards... I lost almost all of them on satoshi dice. I pulled my hair out in October 2013 when I saw the price of one bitcoin... I was not interested anymore.
These days something sparked in me and I started exploring the cryptocurrency scene again. Oh my gosh! What the heck happened? There's a gazillion of them! I've heard about litecoin, namecoin, dogecoin before but... Needless to say, I somehow landed on reddcoin's page and saw the video. Every currency promises something, but it seems to me that a lot of them exist in vain. I can sense the potential of this one, since everybody is so crazed about giving likes and that sort of stuff on social sites. And if it really takes off, I'd be excited to see it extending its nets not only on social sites, but also games and gaming platforms. Not that bitcoin is a problem, but it has such a high value that I always thought using a sub-unitary value like 0.(tons-of-0es)42 when trading is ugly. And 1 satoshi is a difficult value to think of.
Also, I've encountered some convenience problems. Now with so many services for wallets/exchanges/etc. it's hard to decide what to use. In the past I used multibit, but that's just because I was experimenting. I am now too, but I feel like I want something readily available wherever I go. I found mycellium, but unfortunately it seems that it's a local wallet, although being able to save it offline on paper is interesting. cryptonator seems nice, but I find having to use the 2-step authentication burdensome. What are your suggestions for a more... stable adress? I tried cryptonator because I thought it exchanges between all kinds of coins, including reddcoin and namecoin( I have some 0.18 leftover namecoins from the bitminter pool that would like to somehow transform in reddcoins), but it's not the case.
Which brings me to reddcoins. I did download the Reddcoin application, and made 30 reddcoins from faucets just to get me started. But then I thought "how is this supposed to be integrated with social sites and all the crazy stuff that's so nicely presented in that video?". I came here and understood that reddcoin is kinda in the IPO stage still, because it doesn't really deliver what it promises. I then saw that the reddWallet 1.0 was released and downloaded that. Do I simply transfer those 30 reddcoins from the reddcoin application to reddwallet? Are there any fees? Also, does reddwallet need the reddcoin application to run? How will this reddwallet be integrated with, say, Facebook or Youtube?
I also registered with the reddit tipping bot, and it seems fun, but what's the final purpose of all this if I can't invest these reddcoins in some goods? I understand if there's an easy way to convert reddcoins to bitcoins, since bitcoin is much more used worldwide and you can literally find everywhere at least a service or store that accepts bitcoins.
Thank you for your time, and let's hope for the best.
submitted by MrZeratul to reddCoin [link] [comments]

Simple guide on how to make money if you have 0 in your wallet

HOW TO MAKE MONEY EASY GUIDE Have you ever wondered about what cryptocurrency is and how to get profit out of it? But you don’t know how to get involved into it and get profit yourself? If so, the following information is must read for you. If you don’t know what cryptocurrency is but want to get an additional 50$ a day in your wallet the following information is especially must read for you! Before we get started it is all ABSOLUTELY FREE! YOU DO NOT HAVE TO INVEST YOUR MONEY! AFTER READING THIS YOU’LL GET YOUR FIRST PAYOUTS IN 10 MINS! So how does it work then if you don’t invest your money and get profit? There are lots of specialized web sites on which companies make their advertisements. This sites are called “faucets”. Advertisements are not free so the companies pay to web site owners in cryptocurrency. In order to get profit out of advertisements web site owners have to arouse interest to their site. So they distribute the company’s payment gets between all the site users as a potential customers for a company’s product (you). To make it clear: yes, they give you money for visiting their web site. In order to make sure that you are a real person, not a bot you’ll have to solve “captcha” (type numbers from the picture, select pictures with cars etc.), this doesn’t take any effort at all. After you’ve solved captcha the amount of coins adds to your account’s balance. That’s where you get paid from. But that is not it. You can multiply your account by playing HI-LO dice. There are 2 strategies that will help you win and multiply your account’s balance without risking to lose it. By using these strategies you can easily make 50-100$ a day doing nothing. To make them work you must already have a decent amount of coins on your balance. It usually takes few days to farm them. So we’ll get to these strategies later. Also you can mine an additional amount of coins using your phone, PC or tablet. It uses CPU of your device. All the mined coins go strictly to your account’s balance. As I said before there are lots of “faucet” sites but some of them are scams and virus sites or just not user friendly. Based on my experience I’ve listed the most profitable non-virus, user friendly sites with stable payouts. All of them are listed down below. Ok, now when we’ve figured out what it is and how it works let’s get started! Step 1: You have to make your cryptocurrency wallet. It’s like Webmoney or Paypal but you store your crypto in there. Go to blockchain.info and create your bitcoin wallet you need it in order to get registered on the following sites and receive your payouts. Also it just will be useful for you in future. Step 2: Get registered on the following sites. I made a description to them for you to get used to it and easy your life. qoinpro.com – One of the best sites. Registration might take a while but it totally worth it. Once you registered you’ll receive your payments every day and you don’t even have to visit the site. It automatically generates more than 10 currencies to your account. freebitco.in – One of the oldest and the most user friendly sites, stable payouts. You can get bitcoins by solving the captcha once per hour. You can get up to 300$ an hour and multiply your account’s balance by playing HI-LO dice which I’ve described before. You can withdraw your coins whenever you want into your wallet (the wallet described is Step 1). freedoge.co.in – Analogue of freebitco.in but to withdraw your money you have to create a wallet on my.dogechain.info . dicemine.com – The most profitable site. You can claim your coins twice an hour by solving the captcha and playing Roll dice game. Very user friendly. You can easily multiply your account’s balance by playing HI-LO dice game up to 250$ in just a couple of weeks. In order to withdraw your money you have to create a wallet on mymonero.com . moonb.ch – Automatically generates coins once you’ve registered. You can claim them whenever you want by solving the captcha. Bonus programs which increase the amount of generated coins. To withdraw your coins you have to create a wallet in here coinpot.co . 3btc.org – You can claim 1 of over than 15 coins on your choice. I recommend to choose one of that you’ve already claiming (BTC, ETH, XMR, DOGE). And withdraw them to the wallet that you’ve already created. kopilka.puteved.ru – Another very profitable site. All you need to do is rate an article on your choice every 100 mins. You can get an additional coins by writing your own articles, writing comments and sharing on social media. To withdraw and register your account use your blockchain.info wallet. Step 3: Once you’ve withdrawn your coins to your wallets what’s next? How to get $ out of it? In order to make $ you have to exchange your crypto coins into whatever currency you want (USD, EUR or something else). You can choose any bank you want and any payment method you want. I can suggest you bestchange.com . It simple, stable and easy to use cryptocurrency exchange. Or you can just type in your browser “cryptocurrency exchanges” and choose one you like more. NOTE! MAKE SURE TO STORE ALL YOUR PASSWORDS, ACCOUNT DETAILS AND WALLET ADRESSES IN SOME SAFE PLACE SO YOU WILL NOT LOSE IT. AND JUST IN CASE PRINT OR WRITE THEM ON PAPER. THAT IS THE BEST WAY TO SAFE YOUR INFORMATION. Ok, that’s it. Now you are ready to make money. The description of 2 strategies on how to win in HI-LO dice game and how to multiply your account will be here soon. So stay tuned. If you have some questions or troubles to get started – make sure to write me a message. https://facebook.com/Artemiyaverchenkov
submitted by ArtemiyAverchenkov to u/ArtemiyAverchenkov [link] [comments]

02-01 21:23 - 'Zouk @ $0.36 Time To Get Buying!! Cheap As Chips! cryptopimp (15) in vincentb • 34 minutes ago https://portal.zoukcoin.com/sponsor/cryptopimp' (self.Bitcoin) by /u/BigPimpKnows removed from /r/Bitcoin within 0-4min

'''
Zouk Smart Lending Platform “Seamless Wealth Creation” Functionality Overview v1.7 January 2018 Table of Contents 1. Introduction ................................................................ 2. Zouk Coin and ICO ................................................. 3. Functionality ............................................................... 3.1. Lending and Trading Logic ......................... 3.2. Exchange Platform ........................................ 3.3. Referral Program .......................................... 3.4. Premium Profit ............................................. 3.5. Zouk Faucet ................................................. 3.6. Staking........................................................... 4. Conclusion .................................................................. 1 1 1 1 3 4 4 6 6 7 Technical Overview: Zouk - Smart Lending Platform 1. Introduction Zouk is a self-regulated financial ecosystem posessing smart tools such as its lending platform, that allows users to delegate cryptocurrency investment to professionals and gain profits by using Zouk Coins. By integrating cryptocurrency capital markets and using resources such as lending and cryptocurrency trading, Zouk has strengthened the trend towards a profitable cryptocurrency investment. This mitigates service expenses and optimizes trading processes, allowing us to have much higher levels of leverage, and create a highly efficient and profitable financial ecosystem. 2. Zouk Coins and ICO Zouk is an ERC20 token on ethereum main net. Total supply: 46 million ZUK ICO hard cap: 9 million ZUK 3. Functionality 3.1. Lending and Trading Logic The Zouk lending platform allows users to lend Zouk Coins (ZUK) at an interest rate of up to 47% per month with daily capitalization. Zouk is the most engaging lending platform in the crypto space. Technical Overview: Zouk - Smart Lending Platform Page 1 of 7 Page 2 of 7 Initial Pledge Investment Tier Interest Earned Capital Released $50 - $1,000 Volatility Software Interest up to 47% per month Tier 1 190 days Tier 2 Tier 3 Tier 4 Tier 6 Tier 7 $1,001 - $5,000 Volatility Software Interest up to 47% per month + 0.10% daily bonus 190 days $5,001 - $10,000 Volatility Software Interest up to 47% per month + 0.15% daily bonus 190 days $10,001 - $20,000 Volatility Software Interest up to 47% per month + 0.20% daily bonus 190 days Tier 5 $20,001 - $50,000 Volatility Software Interest up to 47% per month + 0.25% daily bonus 190 days $50,001 - $100,000 Volatility Software Interest up to 47% per month + 0.30% daily bonus 190 days $100,000 + Volatility Software Interest up to 47% per month + 0.35% daily bonus 190 days *ZOUK LENDING STRUCTURE Volatility Interest rates may vary on a daily basis and are correlated to the profit leveraged by our AI traders on cryptocurrency markets. Volatility Interest and daily bonus, if applied are paid on a daily basis. Profits become instantly available for the user, so there is no need to wait for the capital release to re-invest funds. Received profit can be cashed out or reused to open new loans. Technical Overview: Zouk - Smart Lending Platform Page 3 of 7 The Trading logic is handled by the Zouk Hypervisor (ZHV™). ZHV™ is an elaborate tool used to monitor and predict market trends and dynamics with trade volumes on cryptocurrency markets. Trade logic is driven by Artificial Intelligence (AI) which mines the raw historical data and creates certain patterns for trading strategies including scalping and swing trading. These strategies are optimized for high volatility cryptocurrency markets and executed by trading bots on multiple platforms. Whether the prices of other cryptocurrencies go up or down, Zouk Coin holders still make a profit. ZHV™ core was developed in early 2016 and since then was utilized internally for profitable trades on cryptocurrency markets. 3.2. Exchange Platform Bitcoin and Zouk Coins can be deposited, but only Zouk Coins can be used in the Zouk Lending Platform. The purpose of Zouk Exchange is to convert bitcoin to Zouk Coins and vice versa. The Exchange Platform uses BID / ASK order books. The exchange rate is not fixed, but rather, regulated by the market supply and demand. Limit order logic is implemented for opening new trade orders. Zouk Exchange will be available after the ICO closes. There is no vesting period for Zouk Coins purchased during or after the ICO. Technical Overview: Zouk - Smart Lending Platform Page 4 of 7 REFERRAL BONUS STRUCTURE Level 1 Bonus % 7 % 2 3% 3 1 % 3.3. Referral Program Referral bonus is not limited to the first loan. It is paid for all loans opened by the referred user. Referral bonus is paid on a daily basis. 3.4 Premium Profit Premium Profit is a financial tool for the community provided by Zouk. It is a weekly/biweekly or monthly event where a randomly selected lenders earn a Premium Profit. Zouk adds the ethereum addresses of lenders to the smart contract. Randomly selected address added within the Premium Profit period will receive ZUK. The initial amount for Premium Profit will be equal to 0.1% of the aggregated loans received within this period. Premium Profit logic will be handled by ethereum smart contracts. This smart contract will be open sourced, to prove the randomness of winner selection. Bitcoin block hash will be used as the source of randomness. The more a user has lended, more spots in the smart contract will be occupied by that user, giving them a bigger chance of Technical Overview: Zouk - Smart Lending Platform Page 5 of 7 Fig. 3.1 – Premium Profit Workflow getting the Premium Profit. The Zouk platform will define the bitcoin block number which will be mined in the future. A hash of this block will be that random seed to select the Jackpot winner. An oracle will be used to link the 2 blockchains of ethereum and bitcoin. The last few characters of that bitcoin block hash will be taken and converted to decimal format. Based on this number the winner will be selected and the Premium Profit will be sent to that address.

52

  1. Users are added to the Premium Profit Smart Contract
  2. A certain bitcoin block is mined: 498220
  3. Oracle will provide the hash of that bitcoin block to the Smart Contract: ...2280df70295d631e52
  4. The user in the #52nd spot is selected and receives the Premium Profit Technical Overview: Zouk - Smart Lending Platform 3.5 Zouk Faucet Each day, users can come to the Zouk Website to spin for extra tickets and token prizes. The Zouk Faucet is available for users who have at least one active loan. Users get 1 free spin per day and have the option to gain more spins by completing certain tasks. Users also have the chance to win more spins through the Zouk Faucet. 3.6 Staking Staking provides an additional source of revenue by generating up to 70% profits annually based on the intial investment. Tokens need to be held in stake for at least 8 days before staking becomes activated. Users can stop staking at any time and use tokens for lending. Staking launches on March 15th, 2018 Page 6 of 7 Period Interest 1st 180 days Mar 15th, 2018 to Sep 11th, 2018 2nd 180 days Sep 12th, 2018 to Mar 11th, 2019 3rd 180 days Mar 12th, 2019 to Sep 8th, 2019 4th 180 days Sep 9th, 2019 to Mar 7th, 2020 40% (0.22222% per day) with daily capitalization 30% (0.16666% per day) with daily capitalization 20% (0.11111% per day) with daily capitalization 10% (0.05555% per day) with daily capitalization Technical Overview: Zouk - Smart Lending Platform
  5. Conclusion The Zouk cryptocurrency community with its self-regulated financial system has a range of financial opportunities, including lending, premium profits, staking and others. A combination of stock market trading experience, along with the high volatility on cryptocurrency markets and innovative technologies allows users to transfer risks into commodities. Technical Overview: Zouk - Smart Lending Platform
'''
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submitted by removalbot to removalbot [link] [comments]

What I've Learned As a Newbie / Lowbie: Tips & Tricks to Better Doge-ing

I'll admit it, I've been doing this as a goof. I'm not planning on investing in any hardware to up my hashrate. I'm not quite topping 95 khash/s between my desktop gpu and my htpc's cpu (in the off hours), and I will never likely see 50k doge unless I buy them with cash....but, and this is a big but (hehe, but...), the whole things been fun, interesting, and a learning experience.
Like many folks, I didn't get in on the bitcoin thing in the early days...I heard about it, understood it, even, but I didn't think it would amount to anything other than an IT guy's fantasy. In some respects, I think that's still true. Bitcoin has become host to finance wonks, venture capitalists, and still has a tinge of "dark net" / underground to it.
Dogecoin, oddly enough, has been striving to remain a functional virtual currency while maintaining a positive attitude. While I'd love to see the coin be worth hundreds or thousands in exchange, the idea having something to exchange with people anywhere on the internet without having to deal in tiny fractions (like bitcoin), is part of what I find appealing in in doge.
As for tips and tricks, I probably don't have much to offer that hasn't already been said, but here goes:
submitted by trustmeep to dogecoin [link] [comments]

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Hexabot is a professional automatic system (sophisticated algorithms of artificial intelligence) designed to help the manager or private trader work at the exchange as efficiently as possible. The system went public early October 2017. Developed by Peter Shepard of Hexabot Crypto Trading LTD, a London, UK based registered company. Detailed background about the developer is unknown but private chats with him seem to show he has extensive knowledge in programming and extreme passion for his product. At the moment there are 3 working bots that trade automatically that pays up to 3.5% a day or 24.5% per week. Joining Hexabot.top is 100% free and comes with a free 0.0001 BTC welcome bonus. Hexabot pays hourly compounded interest. Deposits may be released for withdrawal at any time for a 7% fee. Ad-free bitcoin faucet to allow all members to earn free bitcoin every hour. Affiliate program allows one to instantly receive 5% for referral deposits. If you are looking for more information on Hexabot, everything related to their company, investment platform, and account creation can be found at
submitted by cholodunn to Bitconnect [link] [comments]

[Marketing] How we can appeal to the masses!

Hey guys, so we've obviously had an recent debacle occur in the community but the fact of the matter remains that Vertcoin is seeing faster levels of growth. We've been accepted on Mintpal, were seeing higher volumes exchanged and the community is starting to blossom. The currency itself is beginning to mature, and the recent press release I think shows that we can still do a lot to help inform people of what we are doing. What is important now is that we continue to innovate and ensure the upward trend we are currently experiencing. How can this be done? There needs to be a shift in terms of the marketing of this currency from one which is focused on developers and 'tech-savvy' people to one which understands the needs and aspirations of the general public.
Before I delve into some of my ideas, as Jay Z would say, "Allow me to reintroduce myself". I am someone who had been interested in technology from an early age and who has relatively in depth knowledge about computing and technology. I'm an economics student currently working as a designer for my University while also studying there. I'm also getting involved with a number of different non-crypto related startups. I've been active in the world of cryptocurrency from the beginning of this year but I've heard about it for a number of years, just never made the jump due to a lack of workable knowledge and technical barriers. Starting with a relatively large investment in Bitcoin, I split my portfolio into Litecoin initially, then progressing to Vertcoin soon after its inception. What drew me to this currency in particular was the clear focus from the developers on the long term sustainability of the coin. As someone who entered the arena relatively late and who may have got swept up by some unsubstantiated hype (Coinye anyone?) what I wanted was a currency which had a clear direction in terms of the future. Innovations such as the ACIS resistance and merge mining are examples of the attempts to strive for longevity.
In terms of branding I believe there is something here which potentially could be made mass marketable. From the name, to the logo and then the general styling, its clear that this is a currency that as well as leading innovation, is taking its branding seriously. That is something which is needed for widespread adoption.
You're probably wondering, then, why I am bringing the branding into question. It is not the brand in itself I see issue in, its who exactly is being marketed to. I'll give an example.
On our main website there are a number of videos which aim to help explain exactly what our currency is and why it should be used. The aim of which is to draw people to using our currency over others. What should be observed here is the target audience for these videos. In both, technical aspects are discussed as benefits to using the coin. ACIS resistance, Decentralisation, handling fees, mining etc. These are all valid points. The problem with this is the fact that, to the average consumer, you might as well be speaking gibberish. The average person does not know what mining is, what ACIS's are or what the benefits of decentralisation are. It's likely they don't understand or even care about these aspects. If you are attracting someone who has a technical background and who had already dipped their toes into the crypto waters so to speak, then they are likely to understand these benefits, which is why when ACIS starts to hurt other script coins there will be a transition of those people potentially to us. What problem do I have with this? None. It's simply a matter of whether you are looking to expand your standing within the community or appeal to a larger audience. Appeal to a larger audience and you increase your appeal within the crypto community. The key issue is that this cannot work the other way.
There need's to be a split of targeted marketing to those who have a technical background and to those who don't. This is something that is not witnessed often in this community, but there is one notable example I'm sure everyone's aware of. Dogecoin is doing incredibly well for a currency which was built atop a joke. Is there any real innovation there? Probably not technically, and yet they have been plastered across media. Why? Because they appeal to the mass market rather than a small minority of the technical elite. Just look at their intro video! It's a dog on a rocket. There isn't a single mention of any technical aspect In many ways its most likely inferior to our own and yet I've had people approach me to inform them of how to buy some. It may sound harsh, but when you market something you have to appeal to the lowest common denominator. In that sense you can then work your way up and you appeal to everyone.
So what can we do? I am not saying that we need to go down the playful route in terms of what Doge is going. In the long run how can anyone take a currency seriously thats supposed to be a joke? However what I believe needs to be done is putting a larger focus on the consumer benefits and not just the technical.
All of this can be communicated in a simple animations. I would suggest creating two videos, one to act as an advert to encourage and excite people to find out more and the other walking the user through the initial steps of downloading the wallet and the basic concepts of crypto currencies in layman terms. The latter I would suggest not hosting on youtube but directly on the website to then allow the user to click and download the wallet.
[Sidenote - Any advertising done by the community needs to be shown to be a community effort, otherwise it looks like a Ponzi scheme. This can be done with a message like (This ad was sponsored by the community on reddit) or something like that]
Imagine now that I am an average joe. I am interested in joining the community. These are some of the questions I may have and perhaps the solutions:
What can I spend my Money on? No matter how much innovation you can claim to have with your decentralised currency, this is perhaps THE MOST IMPORTANT POINT. Everything else is irrelevant if you are unable to spend your money on anything. And this is perhaps the biggest problem for crypto currencies today; People just have no idea where they can spend money. Though some of you may notice there are some stores on the sidebar, but a new user is unlikely to find this place in the first place, and it's not exactly prominent there anyway. So whats the easiest way to market places to which people can spend their hard earned vert? The wallet. Personally I think the entire interface is being underutilised. That, ladies and gentlemen, is the face of your currency. It is the first thing people will see. And what will they see? 0 vert, 0 transactions and a logo. And then there just expected to know what to do. What I would propose is to have a tab perhaps labeled 'Marketplace' which features prominent online retailers which accept vert for a number of goods. That immediately solves the problem. It shows that there are things to buy with your currency, encourages spending so it is not a purely speculative currency (which is not healthy in the long run) and displays an active community to first timers. Not only that but it could act as a source of income for the foundation as you could allow businesses to bid for a more prominent placement in this tab, which could then help with further marketing.
[As a sidenote, the wallets GUI needs to be updated anyway. How can anyone believe this is a currency for the future when it looks like something from windows 98?]
How do I Get Money? Vertcoin faucets exist. As a newcomer you're likely to be unaware of this. They are incredibly useful as it allows for someone to play around with the idea of sending virtual money around. This could be integrated directly into the wallet as so when a user signs up, they are offered the opportunity on the spot to receive free coins. What could be better than that? Then encouraging them through social media to send money to friends as a sort of referral system in which both parties then get more money. That way you can spread quickly through social links.
[Another sidenote, someone needs to work on a Twitter Vertcoin Bot. That's free promotion for the community right there. It's all fun and games here on Reddit but normal users are more likely to be on Twitter, so it makes sense to capitalize on that market]
You could also implement a similar system with the advertising and allow trusted exchanges to offer their services. One of the big problems with people coming in is that they have no idea how to get the currency in the first place, putting them off. This would solve that issue.
What If I Need Help? Which leads me to my next point; the integration of the community in the wallet itself. If I use a bank, if i need help I can call them, visit a branch and talk to a manager. With virtual currencies more often than not your left to your own devices. Cryptocurrencies are scary enough, it's even more terrifying to not have someone hold your hand through it. Why not have another tab within the wallet which links to reddit, help guides, FAQ's and stuff like that? Why not have a tutorial within the wallet which guides the user to make their first transaction? It immediately lowers the technical barriers and thus allows for further engagement.
How Do I Mine? Integration of a one click mining button into the wallet. Helps with decentralisation and could solve your P2Pool problem. It could be made incredibly user friendly, with a GUI and the ability to scroll and select through a list of P2Pools.
I think the basic premise of these ideas is that the wallet shouldn't be seen only as the thing that we use to make transactions, but instead act as the 'Bank' for individuals and HUB for services.
[EDIT] In conclusion here's a summary of my ideas:
  1. Greater focus on first time consumers rather than the crypto community
  2. Create 2 Adverts, One which focuses on advertising the brand (commercial like), and another which focuses on simple technical aspects and initial setup of wallet for the website
  3. Creation of a Twitter Tip Bot
  4. Marketplace' Tab included in the wallet
  5. Mining Tab included in the wallet
  6. Integration of Faucet to wallet
  7. Offer free vert bonuses for sharing links to Vert Promotional Material on social media
  8. Tutorial in wallet to walk through first transaction
I'll be updating this later as I have more ideas but this has taken me half a day already and I'm forgetting things. If people are interested I could potentially do mockups for my vision for the wallet, but I'll leave that for another day :)
[EDIT 2] I'll be designing mockups for the wallet next week Tuesday so keep an eye out for that! Also if anyone wants to see an example in terms of branding the sort of thing we should be aiming for, checkout ReddCoin, the branding for this coin is amazing
submitted by Nitrous94 to vertcoin [link] [comments]

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