4 Best Ways to Convert Bitcoin to Cash - ThinkMaverick ...

Myriad - A coin for everyone.

Myriad (XMY) is a Multi-PoW consensus protocol secured by 5 mining algorithms. Each one suits different hardware.
[link]

Just spent about 12 hours figuring out my tax liabilities with bitcoin.tax. Here is how it went...

I have been reading more lately about all the US tax liabilities that can come into play in the crypto world and have started worrying about how much I would owe for 2017. I was starting to lose some sleep on the matter and finally decided to organize all of my activity once and for all. I figured I'd write this post for other people who might want to find out what I have learned in this process. I am filing in the US, but some of this might apply to people in other countries as well.
If you have just bought and HODL'd then it will probably be much simpler for you. But if you have done ICOs and any trading and are worried about this stuff, don't worry too much. Its totally possible to get yourself organized with a little bit of work.
Background
Bought my first ETH in Feb '17 from Coinbase and since then:
The Tools
The best place to get started is bitcoin.tax
Referral Link
Normal Link
I signed up for the 1 year plan for $19.95 (they also accept crypto) and believe me its worth every penny. You can use it for free, but are limited to 100 items (I ended up having > 1500). It really does almost everything for you, so you don't have to worry about figuring out the cost basis yourself. The only time USD was involved was buying via coinbase, everything else was handled as a token to token trade.
Microsoft Excel or Google Sheets is a must if you are doing any trading on the non-supported exchanges because you might have to massage the data into the correct format.
Etherscan
Unfortunately, for some trades and the ICOs, I had to go directly to Etherscan to track down the data.
DeltaBalances
This is a lifesaver for tracking trades made on ED. I wasn't able to get the export feature working, but copy/pasting the table into Excel was fine.
Html Table to CSV
If you are having trouble copy/pasting table data this comes in handy. You can just copy the raw table HTML from Chrome Dev Tools and get a nice CSV.
Exchanges
I am only going to list the exchanges I use and how I was able to get the data into bitcoin.tax. But regardless of the method, make sure you verify all the data that was imported. The system did a bad import on my Bitfinex data and I had to wipe it and reimport because it was missing a bunch of rows.
All the importing is done on the trading tab of bitcoin.tax. Some exchanges require you to download a .csv file from the exchange website, and some have direct API access. Just follow the tutorials on bitcoin.tax for each exchange.
The Easy Ones
Bitcoin.tax supports API data pulls for these exchanges: Bitfinex, Coinbase, GDAX, Kraken. For these, I still recommend going to the exchanges and downloading a copy of your history for your personal records.
You need to login to the exchange and download trade history and then use bitcoin.tax's import tool for these: Binance, Bittrex, Poloniex
The Tough Ones
Trades made on Etherdelta present a bit of a challenge. There is no direct import into bitcoin.tax so you will have to manually compile a CSV and import it to their system. They give you a template to follow with the required data and it will require a bit of "massaging" to get the ED data to the correct format. For this is it extremely helpful to use DeltaBalances. For each wallet you use you will need to check the trade history and go back a sufficient number of days to cover your trading history. Warning, it might take a long time for this process to finish and it isn't 100% reliable. When I ran it, it needed to download > 200MB worth of data for the 260 days I went back. My suggestion is to run it a few times to validate the results. You will need to run it for each wallet you use to trade on ED. Once you get the results, you can try copy/paste the table into Excel and then format the columns to match.
Liqui was the biggest pain in the ass of them all. If you traded a lot on Liqui, be prepared for some pain because they have no export and only show you the history of 1 pair at a time (and only the last 30 trades!). Liqui has over 250 trading pairs so if you forgot what you traded, you will tediously have to go through each pair to check. I couldn't bear this, so I ended up coding a custom script to query all 250 trading pairs and dump out the data for me, then I had to import that into Excel and format it to match the bitcoin.tax template.
Kucoin wasn't too bad. They don't have an export function, but you can copy paste the tables into Excel and massage the data there.
I did a few trades with OasisDEX but when I went there it didn't have any of my history, so I had to manually cobble that together from looking at Etherscan. Luckily it was only a few trades or else this would have been very tedious.
ICOs
Like I mentioned, I participated in something like 20 ICOs this last year. Unfortunately I have no records of any of them. In bitcoin.tax I handled these as just another trade. In order to track down the ICOs I participated in, I was forced to use Etherscan and go through my whole transaction history looking for them. In order to add the trades manually in bitcoin.tax you need the Date, the # of ETH you spent and the # of tokens you received. It's not super difficult, but just very tedious. One that threw me for a curve ball was RedPulse. This was a NEO ICO, but adding a trade manually doesn't yet support NEO as a currency. The workaround for this is putting it into a CSV and importing it that way. In fact, if I was to do this again, I would have built a CSV for all the ICOs and just imported it that way rather than inputting them one-by-one.
Airdrops
I treated airdrops as "Gifts/Tips" under the income tab. I had to find these through Etherscan.
Verifying the data
In order to verify that all seemed right and there are no problems, there are two things that I was working toward:
Conclusion
Overall, although there was some tedious parts, this was a really good exercise. Going through my entire history gave me some great insight on how my strategies played out (ICOs were great / I suck at trading). As far as the taxes themselves, it turned out to be a lot more than I was expecting, but considering the gains I am not too sad. Going into this next year I am going to make some changes. First of all, I will probably stop trading as much. It just wasn't that successful for me and created a lot of work and taxes on top of that. Secondly, I really want to try and stay away from exchanges that don't (or don't plan to) offer history exports. Third, I will probably hold most of my unsold ICOs for at least a year so as not to be liable for short term gains. Lastly, I will keep better records as I go along so I don't have to do so much digging for next tax season.
I hope this can help some of you guys figure this out and I would love to hear any additional tips from those of you who have gone through this.
Edit: A couple other hiccups that I just remembered. Some tokens change their symbol, this can cause some havoc, I had done some trades in MyriadCoin as MYR then it changed to something else and it got all wacky. Updating the old token symbol to the new one seemed to do the trick. Also, to add to the Liqui woes, I had bought some BCAP way back in the day, but it got delisted so there is no way I found through the UI to get that information. The only way I found out I had actually done that trade was that the script I coded iterated through every possible trading pair and only then it was uncovered.
Edit #2: I got a request for the liqui ruby script
submitted by GenghisJuan to ethtrader [link] [comments]

Verge Currency Beginner's Guide

Verge Currency Beginner's Guide
A short Background
2008 was the worst financial crisis the world had experience since the great depression. The efforts of banks worldwide were not enough to prevent its occurrence. Shortly after, someone by the name of Satoshi Nakamoto offered an alternative solution. A digital currency that removes the need for a central bank. His proposal written in the Bitcoin white paper, is summarized below:
  • A secure, decentralized network.
  • A system with economic properties.
  • No need for banks or rule makers.
  • Instant transactions without a need of a third party or government approval.
  • Bringing financial services to the unbanked 2.5 billion people.
  • Total financial freedom. No one can freeze your accounts.
  • Low transaction costs. No ridiculously high transaction fees.
  • A currency with finite amount where no one can print money whenever they want.
Bitcoin
In 2009, when Satoshi Nakamoto launched Bitcoin, the network consisted of computers (in crypto terms, these are called Nodes) to approve transactions, movements of data along the chain. This allows for everyone willing to become a participant, creating a decentralized global network. Allowing for a decentralized currency, free of the control of politicians, or institutions.
The rules can only be changed if 51% of the network agrees on it. This way the network is completely democratized and resistant to hacking attacks.
Unlike today’s financial institutions, no one can freeze your account or prevent you sending money. You are the only person who truly holds your wealth.
It is an open source project. Anyone can see the code and offer or discuss changes with the community. On the other hand, anyone participating to the network with computational power gets incentives or pay, with a fractional amount of BTC.
Blockchain
The core of a secure decentralized network like Bitcoin, lies the Blockchain technology. To put it simply, the blockchain is like a series of Lego, connected to each other by linking information, called transactions. These transactions contain the following data sender, receiver and the unique signature of the sender.
The data will be converted into “hash” before being saved into a block. The bitcoin hash is generated using a set of cryptographic functions called sha256. This way the information is encrypted, is compressed and saved in the block.
Additionally, each block in the chain, contains the information from the block before it. This ensures that if someone tries to maliciously modify information in a block, all the block following this attempt will be changed, making it easier to spot.
Each block includes the information from the previous block. If someone wants to maliciously change the information in one block that change the complete result of all following blocks.
In this type of network there is only one blockchain, and all the information is kept in a public ledger which is shared amongst all the participating networks. For the blockchain to be valid, more than 50% of the participants (nodes and their computational power) must agree with it.
Bitcoin Today (2018)
Until today many, many, events have happened. The network has grown massively. The underlying code is improved in many ways. There are more and more developers and investors that have entered the cryptocurrency space.
Currently there are proposed changes being developed to the Bitcoin network that will make bitcoin rival the centralized networks of today (Visa, Mastercard), while significantly lowering the cost of these transaction.
Many alternative cryptocurrencies have been created along the way, improving some of the aspects of the bitcoin and focusing on certain applications, in the crypto-space, we call them altcoins.
WHY VERGE
The way that Bitcoin function, has severe flaws with regards to privacy:
  • Public Ledger: The transaction information is public, meaning, that transactions can be linked to a person.
  • IP Leakage: A persistent and motivated attacker will be able to associate your IP address with your bitcoin transaction.
Due to the above reasons, it was clear that there would be a need for a privacy coin. Different coins were then created that had this problem in mind. They were ‘too private’ in the sense that they completely by-passed the public ledger. The public ledger allows merchant to provide proof of transactions, which is important for bookkeeping.
Enter Verge Currency, formerly Dogecoindark; which offers transaction on the ledger, both public and private. Allowing the user to choose if the transactions are public or private.
VERGE CURRENCY
2014 saw the birth of Dogecoin Dark; in 2016, it was rebranded to Verge Currency.
Verge improves upon the original Bitcoin blockchain and aims to fulfill its initial purpose of providing individuals and businesses with a fast, efficient and decentralized way of making direct transactions while maintaining your privacy.
What is the Verge Currency Mission?
Verge Currency aims to empower people around the globe using blockchain in everyday life and makes it possible for people to engage in transactions quickly, efficiently and privately. With Verge, business and individuals now have flexible options for sending and receiving payments.
Verge Currency also offer helpful integrations and tools that enable them to handle large scale transactions between merchants and small-scale private payments.
Is Verge Currency a private company and how is it funded?
Following in the spirit of Bitcoin, Verge is an open-source software, and a community. It is not a company, never had an ICO. The development is entirely funded by the community and the developers. Currently Verge is looking into setting up an official Verge merchandise store, and an Official Verge mining pool, for multiple algorithms.
Tech
General technical capabilities of XVG blockchain:
Protocol PoW (Proof of Work)
Algorithms Scrypt, X17, Lyra2rev2, myr-groestl and blake2s
Max Coin Supply 16.5 billion XVG
Circulation Supply 15.2 billion XVG
Minable yes
Atomic Swaps Enabled
Tx (Transaction) Speed 5-10 Seconds
Tps (Transactions per sec.) 100 (Will be ~2000 with RSK)
Tx Fee 0.1 XVG
Privacy Options:
Tor + I2P Networks fully obfuscated IP address / User's Location is hidden
Stealth Addresses It enables users to anonymously receive funds to their wallet. Therefore third parties are no longer able to track receivers addresses, nor are they able to combine official wallet addresses with their stealth addresses.
RING CT Under development
See our blackpaper V5.0 for detailed information.
Development Updates
Marketing Updates

Wallets
Mining

Community
Verge is a community-driven project. The community is the pillar of Verge, from the past to the future, the community built Verge. The community or Vergefam connects everyone from around the world, regardless of cultural background. The common vision is to provide everyone access to financial freedom, and the choice of privacy while transacting.
Below you can find the Verge Telegram communities from around the world;
Official Telegram
🇧🇷 🇵🇹 Brasil/Portugal/
🇨🇦 Canada
🇳🇴 🇸🇪 🇩🇰 Norway/Sweden/Denmark
🇩🇪 🇦🇹 🇨🇭 🇱🇮 Germany/Austria/Switzerland/Liechtenstein
🇵🇹 Portugal
🇪🇸 Spain
🇱🇺 Netherlands
🇹🇷 Turkey
🇫🇷 France
Balkan
🇵🇾 Croatia
🇦🇱 🇽🇰 Albania/Kosovo
🇷🇴 Romania
🇭🇺 Hungary
🇷🇺 Russia
🇮🇳 India
🇲🇾 Malaysia
🇯🇵 Japan
🇰🇷 Korea
🇨🇳 China
🇿🇦 South Africa
🔌Wallet Support
🖥️ Mining support
Mass Adoption
Low fees, quick transactions, high volume in circulation, multiplatform support, Wraith protocol are the ingredients that make Verge perfectly positioned for mass adoption. Transact on the public ledger for everyday purchases or stay private if you wish so.
Getting Started
You can find the matching instructions as below:
See the following useful links:

Official Links
Vergecurrency.com
Verge Team
Roadmap
FAQ
Github
Block Explorer 1
Block Explorer 2
Network Status
Telegram
Twitter
Facebook
Discord
Youtube
Medium
Investfeed
Verge Zendesk
VergeFora
Last Edit: Latest development update links are added to the Tech section.
submitted by Desolatorbtc to vergecurrency [link] [comments]

Why Verge Needs DigiShield NOW! And Why DigiByte Is SAFE!

Hello everyone, I’m back! Someone asked a question recently on what exactly happened to XVG – Verge and if this could be a problem for DGB – DigiByte - Here: DigiByte vs Verge It was a great question and there have been people stating that this cannot be a problem for us because of DigiShield etc… with not much explanation after that.
I was curious and did a bit more investigating to figure out what happened and why exactly it is that we are safe. So take a read.

Some Information on Verge

Verge was founded in 2014 with code based on DogeCoin, it was initially named DogeCoinDark, it later was renamed Verge XVG in 2016. Verge has 5 mining algorithms as does DigiByte. Those being:
However, unlike DigiByte those algorithms do not run side by side. On Verge one block can only be mined by a single algorithm at any time. This means that each algorithm takes turns mining the chain.
Prior to the latest fork there was not a single line of code that forced any algo rotation. They all run in parallel but of course in the end only one block can be accepted at given height which is obvious. After the fork algo rotation is forced so only 6 blocks with the same algo out of any 10 blocks can be accepted. - srgn_

Mining Verge and The Exploit

What happened then was not a 51% attack per say, but the attacker did end up mining 99% of all new blocks so in fact he did have power of over 51% of the chain. The way that Verge is mined allowed for a timestamp exploit. Every block that is mined is dependent on the previous blocks for determining the algorithm to be used (this is part of the exploit). Also, their mining difficulty is adjusted every block (which last 30 seconds also part of the exploit). Algorithms are not picked but in fact as stated previously compete with one another. As for difficulty:
Difficulty is calculated by a version of DGW which is based on timestamps of last 12 blocks mined by the same algo. - srgn_
This kind of bug is very serious and at the foundation of Verge’s codebase. In fact, in order to fix it a fork is needed, either hard fork or soft fork!
What happened was that the hacker managed to change the time stamps on his blocks. He introduced a pair of false blocks. One which showed that the scrypt mining algorithm had been previously used, about 26 mins before, and then a second block which was mined with scrypt. The chain is set up so that it goes through the 5 different algorithms. So, the first false block shows the chain that the scrypt algorithm had been used in the recent past. This tricks it into thinking that the next algorithm to be used is scrypt. In this way, he was essentially able to mine 99% of all blocks.
Pairs of blocks are used to lower the difficulty but they need to be mined in certain order so they can pass the check of median timestamp of last 11 blocks which is performed in CBlock::AcceptBlock(). There is no tricking anything into thinking that the next algo should be x because there is no algo picking. They all just run and mine blocks constantly. There is only lowering the difficulty, passing the checks so the chain is valid and accepting this chain over chains mined by other algos. - segn_
Here is a snippet of code for what the time stamps on the blocks would look like:
SetBestChain: new best=00000000049c2d3329a3 height=2009406 trust=2009407 date=04/04/18 13:50:09 ProcessBlock: ACCEPTED (scrypt) SetBestChain: new best=000000000a307b54dfcf height=2009407 trust=2009408 date=04/04/18 12:16:51 ProcessBlock: ACCEPTED (scrypt) SetBestChain: new best=00000000196f03f5727e height=2009408 trust=2009409 date=04/04/18 13:50:10 ProcessBlock: ACCEPTED (scrypt) SetBestChain: new best=0000000010b42973b6ec height=2009409 trust=2009410 date=04/04/18 12:16:52 ProcessBlock: ACCEPTED (scrypt) SetBestChain: new best=000000000e0655294c73 height=2009410 trust=2009411 date=04/04/18 12:16:53 ProcessBlock: ACCEPTED (scrypt) 
Here’s the first falsified block that was introduced into the XVG chain – Verge-Blockchain.info
As you can see there is the first fake block with a time stamp of 13:50:09 for example and the next is set to 12:15:51, the following two blocks are also a fraudulent pair and note that the next block is set to 12:16:52. So essentially, he was able to mine whole blocks - 1 second per block!

The “Fix”

This exploit was brought to public attention by ocminer on the bitcointalk forums. It seems the person was a mining pool administrator and noticed the problem after miners on the pool started to complain about a potential bug.
What happened next was that Verge developers pushed out a “fix” but in fact did not really fix the issue. What they did was simply diminish the time frame in which the blocks can be mined. The attack still was exploitable and the attacker even went on to try it again!
“The background is that the "fix" promoted by the devs simply won't fix the problem. It will just make the timeframe smaller in which the blocks can be mined / spoofed and the attack will still work, just be a bit slower.” - ocminer
Ocminer then cited DigiShield as a real fix to the issue! Stating that the fix should also stipulate that a single algo can only be used X amount of times and not be dependent on when the algo was last used. He even said that DigiByte and Myriad had the same problems and we fixed them! He cited this github repo for DigiByte:

DigiShield

It seems that the reason that this exploit was so lucrative was because the difficulty adjustment parameters were not enough to reduce the rewards the attacker recieved. Had the rewards per block adjusted at reasonable rate like we do in DGB then at least the rewards would have dropped significantly per block.
The attacker was able to make off with around 60 million Verge which equals about 3.6 million dollars per today’s prices.
The exploit used by the attacker depended on the fact that time stamps could be falsified firstly and secondly that the difficulty retargeting parameters were inadequate.
Let’s cover how DigiShield works more in detail. One of the DigiByte devs gave us this post about 4 years ago now, and the topic deserves revisiting and updates! I had a hard time finding good new resources and information on the details of DigiShield so I hope you’ll appreciate this review! This is everything I found for now that I could understand hopefully I get more information later and I’ll update this post.
Let’s go over some stuff on difficulty first then I’ll try giving you a way to visualise the way these systems work.
First you have to understand that mining difficulty changes over time; it has to! Look at Bitcoin’s difficulty for example – Bitcoin difficulty over the past five months. As I covered in another post (An Introduction to DigiByte Difficulty in Bitcoin is readjusted every 2016 blocks which each last about 10 mins each. This can play out over a span of 2 weeks, and that’s why you see Bitcoin’s difficulty graph as a step graph. In general, the hash power in the network increases over time as more people want to mine Bitcoin and thus the difficulty must also increase so that rewards are proportional.
The problem with non-dynamic difficulty adjustment is that it allows for pools of miners and or single entities to come into smaller coins and mine them continuously, they essentially get “free” or easily mined coins as the difficulty has not had time to adjust. This is not really a problem for Bitcoin or other large coins as they always have a lot of miners running on their chains but for smaller coins and a few years ago in crypto basically any coin other than Bitcoin was vulnerable. Once the miners had gotten their “free coins” they could then dump the chain and go mine something else – because the difficulty had adjusted. Often chains were left frozen or with very high fees and slow processing times as there was not enough hash power to mine the transactions.
This was a big problem in the beginning with DigiByte and almost even killed DogeCoin. This is where our brilliant developers came in and created DigiShield (first known as MultiShield).
These three articles are where most of my information came from for DigiShield I had to reread a the first one a few times to understand so please correct me if I make any mistakes! They are in order from most recent to oldest and also in order of relevance.
DigiShield is a system whereby the difficulty for mining DigiByte is adjusted dynamically. Every single block each at 15 seconds has difficulty adjusted for the available hashing power. This means that difficulty in DigiByte is as close as we can get to real time! There are other methods for adjusting difficulty, the first being the Bitcoin/Litecoin method (a moving average calculated every X number of blocks) then the Kimoto Gravity Well is another. The reason that DigiShield is so great is because the parameters are just right for the difficulty to be able to rise and fall in proportion to the amount of hash power available.
Note that Verge used a difficulty adjustment protocol more similar to that of DigiByte than Bitcoin. Difficulty was adjusted every block at 30 seconds. So why was Verge vulnerable to this attack? As I stated before Verge had a bug that allowed for firstly the manipulation of time stamps, and secondly did not adjust difficulty ideally.
You have to try to imagine that difficulty adjustment chases hashing power. This is because the hashing power on a chain can be seen as the “input” and the difficulty adjustment as the corresponding output. The adjustment or output created is thus dependent on the amount of hashing power input.
DigiShield was designed so that increases in mining difficulty are slightly harder to result than decreases in mining difficulty. This asymmetrical approach allows for mining to be more stable on DigiByte than other coins who use a symmetrical approach. It is a very delicate balancing act which requires the right approach or else the system breaks! Either the chain may freeze if hash power increases and then dumps or mining rewards are too high because the difficulty is not set high enough!
If you’ve ever taken any physics courses maybe one way you can understand DigiShield is if I were to define it as a dynamic asymmetrical oscillation dampener. What does this mean? Let’s cover it in simple terms, it’s difficult to understand and for me it was easier to visualise. Imagine something like this, click on it it’s a video: Caravan Weight Distribution – made easy. This is not a perfect analogy to what DigiShield does but I’ll explain my idea.
The input (hashing power) and the output (difficulty adjustment) both result in oscillations of the mining reward. These two variables are what controls mining rewards! So that caravan shaking violently back and forth imagine those are mining rewards, the weights are the parameters used for difficulty adjustment and the man’s hand pushing on the system is the hashing power. Mining rewards move back and forth (up and down) depending on the weight distribution (difficulty adjustment parameters) and the strength of the push (the amount of hashing power input to the system).
Here is a quote from the dev’s article.
“The secret to DigiShield is an asymmetrical approach to difficulty re-targeting. With DigiShield, the difficulty is allowed to decrease in larger movements than it is allowed to increase from block to block. This keeps a blockchain from getting "stuck" i.e., not finding the next block for several hours following a major drop in the net hash of coin. It is all a balancing act. You need to allow the difficulty to increase enough between blocks to catch up to a sudden spike in net hash, but not enough to accidentally send the difficulty sky high when two miners get lucky and find blocks back to back.”
AND to top it all off the solution to Verge’s time stamp manipulation bug is RIGHT HERE in DigiShield again! This was patched and in Digishield v3 problems #7
Here’s a direct quote:
“Most DigiShield v3 implementations do not get data from the most recent blocks, but begin the averaging at the MTP, which is typically 6 blocks in the past. This is ostensibly done to prevent timestamp manipulation of the difficulty.”
Moreover, DigiShield does not allow for one algorithm to mine more than 5 blocks in a row. If the next block comes in on the same algorithm then it would be blocked and would be handed off to the next algorithm.
DigiShield is a beautiful delicate yet robust system designed to prevent abuse and allow stability in mining! Many coins have adopted out technology!

Verge Needs DigiShield NOW!

The attacker has been identified as IDCToken on the bitcointalk forums. He posted recently that there are two more exploits still available in Verge which would allow for similar attacks! He said this:
“Can confirm it is still exploitable, will not abuse it futher myself but fix this problem immediately I'll give Verge some hours to solve this otherwise I'll make this public and another unpatchable problem.” - IDCToken
DigiShield could have stopped the time stamp manipulation exploit, and stopped the attacker from getting unjust rewards! Maybe a look at Verge’s difficulty chart might give a good idea of what 1 single person was able to do to a coin worth about 1 billion dollars.
Here’s DigiByte’s difficulty steady, even and fair:
Maybe our developers could help Verge somehow – but for a fee? Or it might be a good way to get our name out there, and show people why DigiByte and DigiShield are so important!

SOURCES

Edit - Made a few mistakes in understanding how Verge is mined I've updated the post and left the mistakes visible. Nothing else is changed and my point still stands Verge could stand to gain something from adopting DigiShield!
Hi,
I hope you’ve enjoyed my article! I tried to learn as much as I could on DigiShield because I thought it was an interesting question and to help put together our DGB paper! hopefully I made no mistakes and if I did please let me know.
-Dereck de Mézquita
I'm a student typing this stuff on my free time, help me pay for school? Thank you!
D64fAFQvJMhrBUNYpqUKQjqKrMLu76j24g
https://digiexplorer.info/address/D64fAFQvJMhrBUNYpqUKQjqKrMLu76j24g
submitted by xeno_biologist to Digibyte [link] [comments]

Frequently Asked Questions(FAQ): Tips and Tricks

Following on from the mining guides (third one is coming along), I think it's important to try and keep a "tips & tricks" or FAQ post that can be edited and shared with all of those who would like to have an easy reference guide for the ins & outs of Myriad.
   

Frequently Asked Questions (Mining):

   
Q: How do I start mining?
 
A: Here are some basic guides to getting some coin for yourself:
 
Part 1: https://www.reddit.com/myriadcoin/comments/6jj5z5/beginners_guide_to_myriad_mining_using_you (CPU Mining)
 
Part 2: https://www.reddit.com/myriadcoin/comments/6jobfa/beginners_guide_to_myriad_mining_part_2_using/ (NVIDIA Mining)
 
Q: What is the most efficient Myriad mining algorithm to use?
 
A: It depends on your hardware. I know you want to maximise your returns, and build up that coin, but Myriad was designed so that everyone can generate it for their poor, slim wallet, at least until all of this interest in it brings the big boys out to play.
Your best way is (unfortunately) to throw more cores, more GPUs, and more hardware at computing the problem, which most of us can't afford. Don't worry though, it'll be an addiction soon enough!
By that token, trying multipurpose hardware at two different tasks separately and comparing both of them will tell you which is better for powespeed/efficiency/heat.
E.g. My 69xx AMD card is fantasticly cool and super efficient at computing the Skein algorithm, but as soon as I throw it at the Groestl algorithm, it begins to implode and have heat babies. Do the hard work and set that hardware to pasture!
 
Q: What is the best hardware to use?
 
A: The best hardware to use is the fastest hardware that can generate the least heat, and thereby stay cool and efficient for the duration of your continued abuse of the poor thing. Your best asset in choosing hardware is having 5 algorithms to choose from!
Miners in other, considerably less interesting coin ventures, often have huge warehouses of cooling and fans and GPUs, all doing their bidding. Keeping them efficient and cool is a nightmare. In Myriad mining, the small operation still sees a nice influx of coin, using the spare cycles of their Android phone (kids, don't try this at home!).
 
Q: Why isn't x hardware working as I intend it to?! Please tell me what's wrong! Why is it overheating/blowing up/inefficient/not returning shares/doing x silly behaviour?
 
A: Good question! There are no stupid questions, only stupid computers, that aren't computing away for us & doing our bidding! Why don't you ask in the comments section. If the answer is esoteric enough, I'll add it to this post.
 
Video cards CPU hashrate comparison (Placeholder goes here - possible new FAQ post - please contribute your experiences in the comments).
AMD:
NVIDIA:
CPU:
   

Frequently asked questions: Myriad (XMY)

   
Q: I remember in researching Myriadcoin that it used to use another algorithm called Qubit now replaced with Yescrypt. Who got to make that call? The Devs? SimbaCuriosity/
 
A: Myriad_Angel/: When we replaced Qubit with Yescrypt, it was something that many people had discussed on this sub, and then I offered a small bounty for some devs to implement the change. A number of people worked on it. From memory: nzsquirrell, 8bitcoder, cryptapus, hash_engineering. The reason why we replaced Qubit is because it's kind of similar to X11 in the way that it works.
A company called Baikal that makes X11 ASICs started to produce Qubit ASICs on the side. We thought it would be better for security and inclusiveness to replace it with a new CPU option, as myr-groestl and qubit originally were. I think nearly everyone agreed with the decision. Yescrypt had already been implemented in nzsquirrell's project Unitus by then.
https://www.reddit.com/myriadcoin/comments/6k2n8g/how_much_power_do_the_myriadcoin_devs_have_ovedjjczaz/
 
Q: Could the Devs potentially change all the algorithms? SimbaCuriosity/
A: Myriad_Angel/: The devs don't really have the power to change anything, beyond using their knowledge and community influence. All they can do is publish new wallets that would change the PoW as you say. But the community could choose not to download them. As well, anyone could choose to be a dev and try to fork the network. In fact I'm offering a bounty of 1.5 million XMY to anyone who successfully produces a PoW hard fork on XMY under sane conditions. I feel that our current selection could be improved.
In order to change the PoW, it's a complicated matter. First you need a dev to make the new wallet. Then you need everyone to download the new wallet, including pools, exchanges, block explorers, other services. Then you need miners to connect to pools using the new wallet and mine the new version blocks. And if you don't have a great supermajority of hash power behind your fork, you might end up with a "Myriad Fork" and "Myriad Classic" situation, which would be very confusing for investors.
https://www.reddit.com/myriadcoin/comments/6k2n8g/how_much_power_do_the_myriadcoin_devs_have_ovedjjczaz/

Frequently asked questions: General

   
Q:Why is my wallet empty? How do I fill it?
 
A: I know. Me too. The simplest answer is: buy Myriad (XMY) for Bitcoin (BTC). At some point I'd like to add a post on how to do this. I know you all love tinkering and exploding your lovely computing parts to generate coin. I do too. But if you want to really ensure the success of Myriad as a currency, go and buy as much as you can get your hands on, and sit on them (your hands).
 
Q: How do I withdraw from the *#($& tip bot!?
 
A: Private message the poor thing, asking the following:
 
withdraw -yourwalletaddress- numberofcoins
 
If you don't enter a coin number, it'll just withdraw all available.
 
Q: Why all the excitement over something which isn't tangible? Why does my brain tell me I'm poor, no matter what the price of the currency I hold is?
 
A: That's where your brain is wrong. Cyrptocurrency IS tangible. Myriad is even more tangible than other, less interesting currencies, as you can see the effort to generate the coins taking place right in your house - not just in pictures of aircraft hangers filled with air conditioning. It is your poor little CPU that is making the effort to show you what you're getting for your massive power bill - and that's numbers in a virtual wallet! Isn't it great.
As for the second part of the question, your brain tells you you're poor, because no matter what huge number you show it, it'll demand a higher number, and the rest of the humans on the planet will want a higher number than you. Learn to be happy with what you can get. Please do a Psychology degree to understand this process further.
 
Q: Do you ever sleep once you get into coins?
 
A: No.
submitted by MynaEradicator to myriadcoin [link] [comments]

List of solutions we have against ASICs and 51% attacks. Which do you think is best?

  1. Merge Mining An brought up by the creator of Litecoin, one of the Doge devs brought up the idea of merge mining with Digibyte. Merged mining allows a miner to mine for more than one block chain at the same time. The benefit is that every hash the miner does contributes to the total hash rate of both (all) currencies, and as a result they are all more secure. You can learn more here
Pros: Potential of 51% attack decreases. Both communities are linked leading to a larger community. Low risk as merge mining has been successfully tried before. Increase hashing power. Miners would get both Litecoin/Digibyte and Doge when mining.
Cons: High likelihood that Litecoin or Digibyte miners will dump their Doge and vice versa. Still susceptible to a 51% attack by a large ASIC scrypt farm. All risk lies on Doge and not Litecoin when implementing the required fork.
  1. Change to Scrypt-N algorithm. Current coin used by Vertcoin you can read more about it here...ok you can in all seriousness look more into it here or here
Pros: Potential of 51% attack decreases. Benefits GPU miners (significant portion of the Doge community is made up of GPU miners).
Cons: Short term solution. Scrypt-n ASICs will probably be developed in the future leading us to where we are now. Scrypt-n can also damage GPU over time.
  1. Change to SHA-256 algorithm. SHA-256 is the mining algorithm that Bitcoin uses. Not much to say here.
Pros: Potential of 51% attack significantly decreases.
Cons: Little innovation. GPU miners can no longer mine Doge.
  1. Change Doge from pure PoW (proof of work) to PoW/PoS hybrid. Coins like Peercoin, Mintcoin and Blackcoin follow this system. You can learn a little more about the how the system works here or here
Pros: Attacker would need 51% of all Dogecoins to do a 51% attack. Significantly energy efficient. GPU mining is no longer necessary. Dogecoin owners will gain coins simply by leaving them in their wallet;.
Cons: Changing from pure PoW to PoW/PoS has (to my knowledge) never been tried before. Can encourage hoarding.
  1. Change to X11 algorithm. This algorithm was brought up in the comments. I don't know much about it but it is very interesting! I'm currently reading up on it here, here and in /hirocoin
Pros: Potential 51% attack decreases. Energy efficient. Lower GPU temperature for miners. More fair to laptop miners and people with lower end tech.
Cons: Risk in switching from Scypt to X11 as its never been done before. Higher risk of 51% attack by a botnet.
  1. Change to Multi-Algo algorithm. Also brought up in the comments. Multi-Algo uses SHA-256, Scrypt, Groestl, Skein and Qubit as one algorithm. In use by Myriadcoin. You can read more on it here and in /myriadcoin.
Pros: Potential of 51% attack significantly decreases (I don't even know if its possible).
Cons: Risk in switching from Scrypt to Multi-Algo as its never been done before.
  1. Change to HVC algorithm. Brought up in the comments. Similar to Multi-Algo in that it has multiple algorithms in one. Currently used by Heavycoin. You can read more here
Pros: Potential of 51% attack significantly decreases (Just like Multi-Algo, I am not sure if its even possible). More secure.
Cons: Risk in switching from Scrypt to HVC as its never been done before.
If you have any more solutions please let me know. If there is something you want to add to a con or pro or a correction let me know as well. I would like this post to drum up discussion. Thank you for participating.
submitted by kanada_kid to dogecoin [link] [comments]

/u/mojolama has graciously agreed to update our infographic! we need help.

the image is here: http://i.imgur.com/Eqmn6EE.jpg
Please post ideas on how we can make the infographic better. we want it to be succinct and highlighting major myriadcoin talking points.
what needs to be changed to the current one:
  1. 30 second block processing - it's now 60 seconds. how does it compare to bitcoin? is it 10 minutes per block?
  2. skein scrypt groestl qubit sha256d pie chart needs to read SHA256d, Scrypt, Myr-Groestl, Skein, or Yescrypt
  3. projects in the works: remove SMS wallet and PolyMyr :( is Yescrypt the result of 3 click mining? what else do we put in the projects part?
  4. change website to www.myriadcoin.org and add www.reddit.com/myriadcoin twitter @myriadcoin facebook https://www.facebook.com/themyriadplatform/
BTW i created a stocktwits.com account for @myriadcoin please follow that too so we can get investors on board. also please like and follow the @myriadcoin twitter and facebook pages if you haven't already.
finally, even if you can't post or comment or you're too shy, please upvote posts in the reddit page as much as you can. helps with the metrics. thanks!
submitted by keepmyshirt to myriadcoin [link] [comments]

All You Need to Know About Verge / Beginner's Guide

All You Need to Know About Verge / Beginner's Guide
A short Background
2008 was the worst financial crisis the world had experience since the great depression. The efforts of banks worldwide were not enough to prevent its occurrence. Shortly after, someone by the name of Satoshi Nakamoto offered an alternative solution. A digital currency that removes the need for a central bank. His proposal written in the Bitcoin white paper, is summarized below:
  • A secure, decentralized network.
  • A system with economic properties.
  • No need for banks or rule makers.
  • Instant transactions without a need of a third party or government approval.
  • Bringing financial services to the unbanked 2.5 billion people.
  • Total financial freedom. No one can freeze your accounts.
  • Low transaction costs. No ridiculously high transaction fees.
  • A currency with finite amount where no one can print money whenever they want.
Bitcoin
In 2009, when Satoshi Nakamoto launched Bitcoin, the network consisted of computers (in crypto terms, these are called Nodes) to approve transactions, movements of data along the chain. This allows for everyone willing to become a participant, creating a decentralized global network. Allowing for a decentralized currency, free of the control of politicians, or institutions.
The rules can only be changed if 51% of the network agrees on it. This way the network is completely democratized and resistant to hacking attacks.
Unlike today’s financial institutions, no one can freeze your account or prevent you sending money. You are the only person who truly holds your wealth.
It is an open source project. Anyone can see the code and offer or discuss changes with the community. On the other hand, anyone participating to the network with computational power gets incentives or pay, with a fractional amount of BTC.
Blockchain
The core of a secure decentralized network like Bitcoin, lies the Blockchain technology. To put it simply, the blockchain is like a series of Lego, connected to each other by linking information, called transactions. These transactions contain the following data sender, receiver and the unique signature of the sender.
The data will be converted into “hash” before being saved into a block. The bitcoin hash is generated using a set of cryptographic functions called sha256. This way the information is encrypted, is compressed and saved in the block.
Additionally, each block in the chain, contains the information from the block before it. This ensures that if someone tries to maliciously modify information in a block, all the block following this attempt will be changed, making it easier to spot.
Each block includes the information from the previous block. If someone wants to maliciously change the information in one block that change the complete result of all following blocks.
In this type of network there is only one blockchain, and all the information is kept in a public ledger which is shared amongst all the participating networks. For the blockchain to be valid, more than 50% of the participants (nodes and their computational power) must agree with it.
Bitcoin Today (2018)
Until today many, many, events have happened. The network has grown massively. The underlying code is improved in many ways. There are more and more developers and investors that have entered the cryptocurrency space.
Currently there are proposed changes being developed to the Bitcoin network that will make bitcoin rival the centralized networks of today (Visa, Mastercard), while significantly lowering the cost of these transaction.
Many alternative cryptocurrencies have been created along the way, improving some of the aspects of the bitcoin and focusing on curtain applications, in the crypto-space, we call them altcoins.
WHY VERGE
The way that Bitcoin function, has severe flaws with regards to privacy:
  • Public Ledger: The transaction information is public, meaning, that transactions can be linked to a person.
  • IP Leakage: A persistent and motivated attacker will be able to associate your IP address with your bitcoin transaction.
Due to the above reasons, it was clear that there would be a need for a privacy coin. Different coins were then created that had this problem in mind. They were ‘too private’ in the sense that they completely by-passed the public ledger. The public ledger allows merchant to provide proof of transactions, which is important for bookkeeping.
Enter Verge Currency, formerly Dogecoindark; which offers transaction on the ledger, both public and private. Allowing the user to choose if the transactions are public or private.
VERGE CURRENCY
2014 saw the birth of Dogecoin Dark; in 2016, it was rebranded to Verge Currency.
Verge improves upon the original Bitcoin blockchain and aims to fulfill its initial purpose of providing individuals and businesses with a fast, efficient and decentralized way of making direct transactions while maintaining your privacy.
What is the Verge Currency Mission?
Verge Currency aims to empower people around the globe using blockchain in everyday life and makes it possible for people to engage in transactions quickly, efficiently and privately. With Verge, business and individuals now have flexible options for sending and receiving payments.
Verge Currency also offer helpful integrations and tools that enable them to handle large scale transactions between merchants and small-scale private payments.
Is Verge Currency a private company and how is it funded?
Following in the spirit of Bitcoin, Verge is an open-source software, and a community. It is not a company, never had an ICO. The development is entirely funded by the community and the developers. Currently Verge is looking into setting up an official Verge merchandise store, and an Official Verge mining pool, for multiple algorithms.
Tech
General technical capabilities of XVG blockchain:
Protocol PoW (Proof of Work)
Algorithms Scrypt, X17, Lyra2rev2, myr-groestl and blake2s
Max Coin Supply 16.5 billion XVG
Circulation Supply 15.2 billion XVG
Minable yes
Atomic Swaps Enabled
Tx Speed 5-10 Seconds
Tx Capacity 100. (Will be ~2000 with RSK)
Tx Fee 0.1 XVG
Privacy Options:
Tor + I2P Networks fully obfuscated IP address / User's Location is hidden
Wraith Protocol Private and Public transactions in one blockchain according to user's choice. Hides the sender and the receiver information.
RING CT Under Development
See our blackpaper for detailed information.
Wallets
Mining
Community
Verge is a community-driven project. The community is the pillar of Verge, from the past to the future, the community built Verge. The community or Vergefam connects everyone from around the world, regardless of cultural background. The common vision is to provide everyone access to financial freedom, and the choice of privacy while transacting.
Below you can find the Verge Telegram communities from around the world;
Official Telegram
🇧🇷 🇵🇹 Brasil/Portugal/
🇳🇴 🇸🇪 🇩🇰 Norway/Sweden/Denmark
🇩🇪 🇦🇹 🇨🇭 🇱🇮 Germany/Austria/Switzerland/Liechtenstein
🇵🇹 Portugal
🇪🇸 Spain
🇱🇺 Netherlands
🇹🇷 Turkey
🇫🇷 France
Balkan
🇵🇾 Croatia
🇦🇱 🇽🇰 Albania/Kosovo
🇷🇴 Romania
🇭🇺 Hungary
🇷🇺 Russia
🇮🇳 India
🇲🇾 Malaysia
🇯🇵 Japan
🇰🇷 Korea
🇨🇳 China
🇿🇦 South Africa
🔌Wallet Support
🖥️ Mining support
Mass Adoption
Low fees, quick transactions, high volume in circulation, multiplatform support, Wraith protocol are the ingredients that make Verge perfectly positioned for mass adoption. Transact on the public ledger for everyday purchases or stay private if you wish so.
Getting Started
You can find the matching instructions as below:
See the following useful links:
Official Links
Vergecurrency.com
Verge Team
Roadmap
FAQ
Github
Block Explorer 1
Block Explorer 2
Network Status
Telegram
Twitter
Facebook
Discord
Youtube
Medium
Investfeed
Verge Zendesk
VergeFora
submitted by Desolatorbtc to HowtoCrypto [link] [comments]

New reddit and IRC bot (and hopefully soon Twitter)

I've been running a bot for a few weeks now that seems very stable and works on both freenode IRC and reddit (and accounts can be linked between the two). I'm hoping to add support for Twitter in the next couple weeks as well. Leave a comment here and I'll send you a tip for "testing". Also, please remember to not use the bot as a wallet, and treat it as you would an exchange. Here are the instructions I've got posted on the /myrbot wiki:

myrbot documentation

Intro

How It Works

To tip another user, use the syntax: "+amount myrbot" in reply to their comment or post. So, to tip someone 100 MYR, you would reply "+100 myrbot"

IRC Commands

For these commands, the command is preceded by an exclamation point, arguments in <> are required, and arguments in [] are optional. Examples are given for each command as well.
Tipping
Depositing funds
Withdrawing funds
Raining
Dice game
Blackjack game
Event betting
Link accounts
Info commands

Reddit Commands

All IRC commands work on reddit by PMing myrbot with the command in the message body except rain and rainactive. Additionally, you can tip a user in a comment thread by replying:
Some Advantages of myrbot

I'm New to This - What are Cryptocoins?

The Basics
Cryptocoins (Bitcoin, Litecoin, Myriadcoin, etc) are various peer-to-peer cryptocurrency networks that are used for payment processing. Peer-to-peer cryptocurrency to banks is what BitTorrent is to downloading a file from a website - there are many peers in the network and everyone agrees on a set of rules. Bitcoin is the original cryptocurrency that has the most acceptance and market capitalization. All other cryptocoins have similar underlying structure to Bitcoin, but bring some technical improvement that makes them more fit for particular purpose.
Here are some well-known Bitcoin exchanges to buy/sell Bitcoins and trade for Myriad:
I Have More Questions!
Visit /myriadcoin on reddit or ##myriadcoin on freenode IRC and ask away!

Warning

This service is in BETA. This service is provided "as is" without warranty of any kind, either express or implied, including, without limitation, the implied warranties of merchantability, fitness for a particular purpose, non-infringement, error-free or uninterrupted service. You are using this service at your own risk; in addition, the coins in your account are only as secure as your Reddit account is. Do not hold large sums of coins here; simply withdraw or tip others.
Let me know if you have any questions or comments!
submitted by jwinterm to myriadcoin [link] [comments]

Block Reward Halving Schedule Discussion

MYR's block halving schedule occasionally gets mentioned as a positive, insofar as the inflationary effects of miners selling newly minted coins on exchanges keeps the price low for an extended period relative to many coins, so more people can initially enjoy an opportunity to learn about and accumulate MYR at reasonable prices.
Sounds good, but I'd like to better understand how this relates to what other coins do and how significant it actually is, hope some folks here can drop some knowledge.
As I understand it bitcoin block reward halvings occur about every 4 years, approximately 4X as slow as MYR, so BTC's inflation decreases at a much slower rate. By contrast a lot of scamcoins complete their entire mining period in 2 weeks or less! No point in comparing a long-term project like MyriadCoin to instamine / junk scamcoins, but it appears MYR's schedule unfolds in the middle ground between these extremes.
As has been previously discussed the presently consistent long-term decline in MYR's price occurs as a function of block rewards getting sold on exchanges at a greater rate than people seeking to invest in MYR wish to accumulate. Obviously the block halving will influence this dynamic, but since the usual daily volume of MYR exchanged remains fairly low, would it be accurate to describe the expected impact of the block reward halving as negligible compared to the potential effects of wider adoption / increased demand + use?
• Do very many other coins have similarly slow block halving schedules?
• How did the dev team arrive at roughly 48 weeks as the ideal reward halving rhythm?
• As I understand it MYR remains one of the most profitable coins to mine at present, will this continue to be the case after the 1st block halving?
• How will PolyMYR play into all this?
• Is slow block-halving considered an intrinsically required feature for a coin to maintain long-term stability?
• If so, does this mean MYR enjoys a significant "first mover" advantage over other coins aiming for long-term survival, which even if they wanted to copy what MYR does would necessarily need to adopt a similarly slow reward halving schedule which would make "catching up" a distant prospect?
submitted by iofthebeholder to myriadcoin [link] [comments]

Populism • Philosophy • Maximum Inclusivity + Decentralization : the Global Long View and and why MYR remains excellently poised to succeed

Thought I'd take a moment to contribute a post focused on discussing on the long term vision / outlook for MYR, to stimulate a collective re-consolidation of our principles and ideals as a community.
Like many of you I entered the world of cryptocurrencies in a rush of excitement considering how the innovation of shared blockchains has the potential to revolutionize human society by permanently undermining / negating the influence of corrupt financial institutions and governments in our collective economic affairs. Never in human history so far as I'm aware has the general populace been in control of or had any real oversight over the issuance of money, which has historically allowed the political class to run completely amok stealing everyone's wealth by decree, starting wars nobody wants, and subsidizing massive enterprises with no purpose besides extracting wealth from workers and transferring it to an already insanely wealthy plutocratic class.
Cryptocurrencies can put a stop to ALL of that, by bringing full accountability, transparency, and privacy to our economic systems. It will be structurally impossible for governments to fund unpopular wars or subsidize companies like monsanto if they no longer have the ability to create money at will in unlimited amounts and give it out to whomever they please with no accountability. It will be structurally impossible for governments to impose taxes and fines on the populace as they do now once everybody switches to using cryptocurrencies. This is an idea so powerful and so appealing to the overwhelming 99% of humans alive today I don't think it's very conceivable the progress of cryptocurrencies can be stopped. This is truly revolutionary.
It seems to me the banks and governments must fully realize the significance of the situation at this point, and unless they plan to destroy the internet itself somehow the only path for them to maintain control = getting onboard and establishing a controlling stake in these emerging systems. From the perspective of the 99%, Bitcoin is an awesome first step but already looks fatally flawed by the fact that anyone able to invest billions in mining hardware can manipulate the system with no accountability. Rest assured banks and governments have billions to spare and plenty of motivation so this doesn't look good. PoS coins likewise are structurally set up to re-create the kind of wealth-begets-wealth system we currently have, thus a complete dead-end in the long run even though speculators and miners are enjoying the short term pump-n-dump benefits now.
So if we, the global populace who yearn for a better world characterized by genuine liberty and equality, peace, decentralization, and fairness are to seize the golden opportunity now standing before us, we have to be conscious of what the end results of our efforts should look like and reverse engineer a plan of action which will get us there. THIS IS WHERE MYRIADCOIN COMES INTO IT'S FULL POWER.
I'm not presently aware of any other single alt-coin genuinely planned to produce the best possible outcome for the 99% of humanity who will use crytocurrencies to transact in the future. The multi-PoW concept MYR has innovated already solves the most serious problem Bitcoin faces = the centralization of mining power into just a few hands. If the MYR community can rally our efforts to make 2-click mining via a simple GUI in the wallet software a reality this would completely break things open and distribute the network so far and wide across so many devices controlled by different parties it would definitely create the most robust and resilient system out there.
The SMS wallet platform MYR's devs are developing now specifically targets the underbanked in the so-called "developing world" who don't have access to all the fancy hardware we're using to surf reddit. If this project succeeds it has the potential to reach in and grow deep roots in a truly vast market all the other coins have thus-far ignored, a market which dwarfs anything seen thus far in terms of potential investment and transaction volume (even if the individual amounts are minuscule denominated in $, they will add up into the billions or trillions if people in places like Brazil, Africa, and the Asian sub-continent begin using this system). The Prypto gift-card / cell-phone shop reseller network presently under development seems like a great and bold first step toward this to me, encouraging.
Which is to say : right now most everybody who understands crypto is distracted chasing after a quick buck, there's easy money to be made and people want that, they aren't thinking about all this or making investments based on political or socio-economic motivation, but when we consider the long-term consequences of all this activity it's nothing short of a total, fundamental revolution in how the global economy will function. People all over the world are tired of being exploited and bullied by repressive, dishonest, unaccountable institutions. As recognition grows that a true revolution is underway people will begin to ask themselves : What kind of revolution do we want? Most people have very little to nothing to lose and so will naturally incline toward whatever systems seem most genuinely set up to produce structural fairness for the greatest number of people. Right now MYR is the clear winner in this regard when we survey the cryptocurrency field. So even though the price may fluctuate in a way we perceive as negative in the short term, this coin still has explosive potential and a group of talented developers who have already proven their capability to deliver robust / mindfully designed innovations. We should feel reassured by this and breathe deeply while calmly riding out the ups and downs, confidently conscious of the clear, unique advantages MYR presently possesses and promises in the near future, which the market hasn't actually recognized or acknowledged yet. So long as we continue moving toward these stated long-term goals, we remain track for positive trends in the future.
For sure history suggests those with the noblest ideals don't always win so who knows what will happen? But then again as it's said there's nothing so powerful as an idea whose time has come. Lets stay focused on the big picture and remember this is about more than the daily price of MYR and short term profits. Let's support the development team working so selflessly in whatever ways we can to help make the SMS wallet and 2-click mining a reality. If we do, beyond any doubt a lot of people will take notice of these impressive, intelligently-motivated accomplishments and we'll all see a profit on our investments as a by-product of having the foresight to recognize just how ultimately powerful the intrinsic yearning for fairness and inclusivity held in the hearts of global humanity really is. When the smoke clears, those operating from the outset according to the principle of fairness rather than profit motive will stand victorious, I believe the zeitgeist of our times strongly favors this.
tl;dr INTENTIONAL MAXIMUM POLITICAL & ECONOMIC INCLUSIVITY ftw.
submitted by iofthebeholder to myriadcoin [link] [comments]

A letter from the Myriad team to the community by a dedicated miner.

What is the myriad project ?
It is a crypto currency like bitcoin but that's about all it has in common with bitcoin. I dare to say myriad's concept is better than bitcoin's, or any other coin for that matter, it's a big step in the future of the phenomenon known as crypto currency. These are not just words and marketing, Myriad proves its superiority every passing day. Allow me to explain how and why: Myriad is the first coin to implement the concept of multi-hashing, meaning, myriad does not run on a single algorythm or a chunk of algorythms chained together, it runs on 5 parallel algorythms. They are: sha256d, scrypt, skein, groestl and qubit.
What does this mean ?
It means that each algorythm works independently from the others to secure the network while using the same blockchain. It also means that each algorythm can be mined individually providing ALL miners a fair chance of generating coins. Myriad welcomes everyone, asic users, gpu users and cpu users. This not only makes the network more secure, it also ensures a fair and wide distribution of the generated coins avoiding one of the other big problems bitcoin is facing: most coins being generated by industrial mining farms controlled by rich investors. Another proven fact is that the concept of multi-hashing also provides much better protection against 51% attacks because while an attacker could gain 51% of one single algorythm it's highly improbable that he could gain 51% of the hashing power for all algorythms so if any one algorythm suffers a fork the other for will be working with the remaining 49% of the attacked algorythm to keep the network secure and your transactions safe (this has recently been proven when cryptopool.eu owning over 51% of the scrypt hashing power forked and the networks reaction was PERFECT) . This is also the best security against multipools attack because they can only target one algorythm they can only aquire 20% of the total coins since the coins are split up equally between algorythms and each algorythm gets TOTAL COINS / 5 .
Other advantages the Myriad project has to offer include, but are not limited to:
The list of features the Myriad project has to offer is too large to include in one email while avoiding making it a long and boring email but it is becoming increasingly clear that Myriad is a big step twards the future and the possibilities are amazing when thinking about new ways and services that Myriad can bring to the crypto world.
As I've already described it in the thread (excuse the plastic representation):
Myriad is a rose in a sea of rotting carcases , a fresh water lake in the middle of the sahara. It's being held back because it is hard to notice it when 20 hyped premined scam ipo coins emerge daily, but users who do notice it tend to stick around because as it happened to vertcoin people will eventually learn about myriad and see that it trully is the concept to unite the whole mining comunity under one coin, a huge step forward for the crypto currency world.
In conclusion, no matter who you are and what hardware you have you are welcome to mine Myriad and I assure you it will be profitable no matter what technical inovations come to the market. Investors and crypto currency enthusiasts MYR offers more security and decentralization than any other coin in existence, even bitcoin, making it a very promising investment and considering the price and trading volume getting involved in Myriad right now is as good as getting involved from the begining. The community is blossoming day by day and we are all guided by the same principles, progress and fairness to each and every individual.
Thank you for reading,
A crypto currency miner who supports progress.
PS:
List of TODOS and projects that are in development or are being considered for MYR:
-implementing an RPC command that returns network hashrate per algorythm
-algorythm switching mining software for a algo-profit-switching pool
-algo-profit-switching pool
-andoid wallet
-implementation of a 100% proven CPU algorythm (right now qubit and groestl are CPU friendly but not CPU dedicated so while CPU miners can still mine competing with GPUS on fair grounds they still do not have an exclusive algorythm)
-adding a metalayer to Myriad (similar to xcp)
and the list is evergrowing.
submitted by bordb to myriadcoin [link] [comments]

We need casual Myriadcoin investors, how?

It's sunday here. Just mulling around before going out to go to a family get-together.
Ever since I woke up; I was thinking that we have over 90% of the Crypto-aware people on 2 extremes when it comes to MYR. There's "us" -- the True believers (and we have all the reasons in other posts), and then there's the "other" guys. The other guys may not even be aware they are non-believers; they are just not committed to put enough investment to MYR.
Let's put it in bitcoin terms. There's probably a lot of casual btc owners. They have an online wallet (say blockchain) - myr has one, or most likely, they have a wallet on their phone - myr has one for Android. So, they may go to a bar or coffee shop, it says "Bitcoin" accepted here, and they use it. It's the cool factor. For Myriadcoin; this may take time for us to get here.
Square is accepting Bitcoin now. Interesting. This one is big, as even local parking structures are accepting square payments. Heck, last time I went to my tax accountant, I paid with CC using a square POS on their iPad. For Myriadcoin; it will take time for Square to accept us.
Then there's the news about this website or that website accepting bitcoin. This one; Myriadcoin may already be here through Coinshipit?
The above 3 are big ones for recruiting the "casual" investors. What we do have that are very strong are a few things that will get us to the above. We have Coinshipit, Coinpayments along with Web wallet and Android wallet; perhaps we should be marketing heavily to the "casual" investors?
Someone mentioned a Coindesk article. I'm nowhere near the level of writing skills possessed by neuroMode or foodies; but perhaps we can submit one to Coindesk that Myriadcoin is the best cryptocurrency. PERIOD. Better than bitcoin. Better than litecoin.
Then quantify it. We know many reasons but big ones are quick confirm times; 5 algos resistant to 51%; amount of coins can handle huge transactions (yes this is a plus as the need for a big coin supply to handle all the online transactions).
We can buy from practically anywhere online (Coinshipit gateway), so many brick and mortar (i.e. eGyft, again Coinshipit gateway?); and given the chance, MYR can do the "big" 3 as well as bitcoin (or better).
How do we put together an official Myriadcoin article and submit to helpdesk?
submitted by makatiMiner to myriadcoin [link] [comments]

Ok about the hand painted stuff girl.

So as some of you know I'm expecting a baby (the wife, not me per se) so instead of overdecorating the baby room we decided we would go with 3 pcs of furniture and have someone paint the walls.
Great, so we started google-ing and stumbled upon this girl's blog called literally "I paint walls" in our native language. We contacted her, she was game so she painted our room.
During the painting and the dinner we had afterwards we got to know her a little. She's this really joyful person, I mean dear god ... she's so damn happy it's like she's found the secret to life or something. So what's her story ? Well, she was a kindergarden teacher for a while, for a special needs class. Because of low-to-no funding her class was held in this old janitor's storage room. You can imagine how bleak that setup was. So having no funding and no means of getting some she said "Hey, why don't I try to at least draw something on the walls". Annnd that's how she found out she had skillz, mad skillz (will post pictures of my little girl's room to prove upon request).
So after a while she decided to make a living out of this and started her own business painting walls and more recently manually painting stuff (t-shirts, you should see the one my wife got for her birthday, fucking sweet, glasses, mugs, if it's paintable she'll do it.)
So while talking to her I dropped a quick question "Why don't you go online and take bitcoin payments ?" (Myriad wasn't out yet, calm your horses, I'm not a sellout) and to that she said "Well I don't know how to, maybe you could help me."
Soooo ... why not help her ? waddaya say guize ? should we rally and get myr hand painted stuff from her ? I'll make her a store and set her up to accept myr & whatever other coin she wants (btc and or ltc ... nothing else, because I'm an asshole like that).
Depending on the feedback I get from this thread I'll get to work on her stuff without her even knowing, I'll just call her when it's done and say "Hey, you've got orders" :)
some of her work:
http://pictezpereti.wordpress.com/camere-copii/
https://www.facebook.com/PictezPeretiBoutique
oh found the pic of my wife's t-shirt:
https://scontent-a-fra.xx.fbcdn.net/hphotos-xpa1/t1.0-9/p350x350/10384522_673106889403231_7346069438925618097_n.jpg
(The name on the shirt is our girl's future name - Sofia)
submitted by bordb to myriadcoin [link] [comments]

Clones of Pomf.se, a former image host | #2

Previous post.
Pomf.se was an image host that closed down recently. Already, a bunch of usable clones have popped up. All of them are free.

More clones can be found here and here

Pantsu.cat or sr.ht, a private image hosting service

What the frontpage looks like (Taken 10 September 2016)
PROS:
  • It's open source(?).
  • No ads!
  • Max file size of 128MiB
  • You can drag and drop or directly upload images from your comp.
  • You can upload more than one image at once.
  • It uses HTTPS!
  • All filetypes are allowed, ALL! (gif,exe,jpg,rar,ass,srt,etc,etc).
  • "No data is collected or logged by us. This won't change."
  • if any changes happen to the FAQ, "you will be informed about them".
  • "I will keep the site as transparent as possible. This will include any files that I remove will be publicly listed and have a copy of the DMCA notice. For more information please visit the transparency information page."
  • You can type and save text in Plain, HTML5, CSS, Javascript, PHP, Python, Ruby, Lua, Bash, Erlang, Go, C, C++, Diff-output, LaTeX, SQL, XML. 4CS and MOS 6502. Before uploading, you can encrypt it, shorten the link, make private, and choose how long it stays. There is a text feed.
  • It supports ShareX
  • It's transparency page features a ton of info
  • It has an onion link
  • It provides a text paste.
  • The source code is public to members, as are various tools
CONS:
  • The URL shorterner page appears to be dead
  • The image host has been made private. The only way to gain access is to request and wait.
  • The name.
  • Max file size of only 128MiB
  • No image thumbnail.
  • No profiles.
  • No image feed or social aspect.
  • It only gives you a direct link.
  • No editing options.
  • No albums.
  • Pantsu does NOT support Internet Explorer and older versions of Firefox, Chrome, Opera and Safari.

Social

#getrekt on irc.rizon.net

Extra Stuff

Onion: http://mg7aqol36qpx7oij.onion/
Transparency
Pantsu Paste
Madokami.com, Kawaii File Hosting

What the frontpage looks like (Taken 05 October 2015)
PROS:
  • It's open source(?).
  • No ads!
  • The design is simple and without clutter, as well as aesthetically pleasing.
  • Kawaii anime girls.
  • Max upload size is 256MiB
  • You can drag and drop or directly upload images from your comp.
  • You can upload more than one image at once.
  • It uses HTTPS!
CONS:
  • As of 15th November 2015, I am unable to access the site.
  • Max upload size is only 256MiB
  • No image thumbnail.
  • No profiles.
  • No image feed or social aspect.
  • It only gives you a direct link.
  • No editing options.
  • No albums.

Extra Stuff

Github
Kyaa.sg, Kawaii File Hosting.

What the frontpage looks like (Taken 05 October 2015)
PROS:
  • It's open source(?).
  • No ads!
  • Kawaii anime girls.
  • Max upload size is 50MiB.
  • You can drag and drop or directly upload images from your comp.
  • You can upload more than one image at once.
  • Almost all filetypes are allowed. Only Windows executables and screensavers are disallowed at this point. (gif,jpg,rar,ass,srt,etc,etc are ALLOWED!).
  • It supports ShareX.
  • It supports HTTPS.
CONS:
  • My old images appear to have been deleted
  • It doesn't appear to work with embedly. In other words, no thumbnails next to reddit link posts.
  • "No logs are kept, no logs over uploading nor over downloading."
  • "HTTPS has issues sometimes, most prominent if you're using ShareX. In those instances, use HTTP instead!"
  • Windows executables and screensavers are not allowed.
  • No image thumbnail.
  • Max upload size is only 50MiB.
  • No profiles.
  • Internet Explorer and older versions of Firefox, Chrome, Opera and Safari are not supported.
  • No image feed or social aspect.
  • It only gives you a direct link.
  • No editing options.
  • No albums.

Extra Stuff

FAQ
Tools
Report Abuse
up.che.moe, Cancerous File Hosting.

What the frontpage looks like (Taken 05 October 2015)
PROS:
  • It's open source(?).
  • No ads!
  • Max upload size is 50MiB.
  • You can drag and drop or directly upload images from your comp.
  • You can upload more than one image at once.
  • The design is simple and aesthetically pleasing.
CONS:
  • executables are deleted every 24hrs
  • My ISP has blocked my old image links due to a virus threat
  • It uses HTTP.
  • The layout that appears after you upload an image looks like it was squashed together.
  • No image thumbnail.
  • Max upload size is only 50MiB.
  • No profiles.
  • No image feed or social aspect.
  • It only gives you a direct link.
  • No editing options.
  • No albums

Extra stuff

Uploader (download warning)
Openhost.xyz, Open File Hosting.

What the frontpage looks like (Taken 05 October 2015)
PROS:
  • It's open source(?).
  • No ads!
  • You can upload up to 100 MB over HTTPS, use direct.openhost.xyz to upload up to 1024 MB.
  • You can drag and drop or directly upload images from your comp.
  • You can upload more than one image at once.
  • Kawaii anime girls.
  • All filetypes are allowed, ALL! (gif,exe,jpg,rar,ass,srt,etc,etc).
  • "We will try to keep your file forever."
  • "No logs are kept, no logs over uploading nor over downloading. Don't listen to us, use Tor. We're Tor friendly"
CONS:
  • Appears to be down as off 10th September 2016.
  • direct.openhost.xyz links to a "philosophy of rape" page...
  • It doesn't appear to work with embedly. In other words, no reddit thumbnails.
  • No content illegal in the Netherlands.
  • "Be mindful that this is designed as a public utility, not your personal backup service."
  • Openhost does NOT support Internet Explorer and older versions of Firefox, Chrome, Opera and Safari.
  • No image thumbnail.
  • Max upload size is only 1024MiB.
  • No profiles.
  • No image feed or social aspect.
  • It only gives you a direct link.
  • No editing options.
  • No albums.

Extra Stuff

bitcoin: 1J22mD6XcE9RTmhMnDTuc9oUcoXTN3cHCu
FAQ
NyanIMG.com, Nyanified File Hosting.

What the frontpage looks like (Taken 05 October 2015)
PROS:
  • It's open source(?).
  • Allowed Filetypes: JPG PNG BMP GIF
  • No ads!
  • Max Upload Size: 10 MB
  • You can drag and drop or directly upload images from your comp.
  • You can upload more than one image at once.
  • Gives you the option to create a short url using tinyurl
  • Allows you to edit the size of your images
  • It supports ShareX.
CONS:
  • My old images appear to have been deleted
  • No image thumbnail.
  • It uses HTTP.
  • Only JPG PNG BMP GIF are allowed.
  • Max upload size is only 10 MB
  • No profiles.
  • NyanIMG does NOT support Internet Explorer and older versions of Firefox, Chrome, Opera and Safari.
  • "Any file can be removed or replaced at any time for any reason".
  • No image feed or social aspect.
  • It only gives you a direct link.
  • No editing options.
  • No albums.
  • NyanIMG.com does NOT allow the following: Images which violate copyrights or patents are not allowed. Images which contain gruesome scenes, such as dead people or mutilations.
  • "NyanIMG.com is provided as-is with no implied warranties of any kind. We can not be held responsible for the loss of data or other damages which may result from (and/or lack of) functionality of our service."
  • Aside from the homepage, the site is rather bland

Extra Stuff

Contact
BitCoin: 1KzrX4ryYfo2s9yS6w25sT75n2nSRyXBtR
Tools
TOS
g.zxq.co, Kawaii File Hosting.

What the frontpage looks like (Taken 05 October 2015)
PROS:
  • It's open source(?).
  • No ads!
  • Max Upload Size: 80MB
  • You can drag and drop or directly upload images from your comp.
  • You can upload more than one image at once.
  • Kawaii anime girls.
  • Supports ShareX.
  • On upload all files are allowed.
CONS:
  • No image thumbnail.
  • "Any file can be removed or replaced at any time for any reason."
  • "No logs are kept, no logs over uploading nor over downloading. "
  • g.zxq.co does NOT support Internet Explorer and older versions of Firefox, Chrome, Opera and Safari.
  • The ShareX and Abuse/DMCA pages are basic.
  • It uses HTTP.
  • The name and URL format.
  • Max upload size is only 80MB.
  • No profiles.
  • No image feed or social aspect.
  • It only gives you a direct link.
  • No editing options.
  • No albums.
  • .exe files are deleted with a cronjob every half an hour.

Social

Twitter

Extra Stuff

Abuse/DMCA
FAQ
Teamspeak: zxq.co
Tools
gallium.ga

What the frontpage looks like (Taken 05 October 2015)
PROS:
  • It's open source(?).
  • No ads!
  • Max Upload Size: 1GiB
  • You can drag and drop or directly upload images from your comp.
  • You can upload more than one image at once.
CONS:
  • As of 2015-10-24, Gallium no longer appears to work.
  • No image thumbnail.
  • The site is simple and bland.
  • It uses HTTP.
  • Max upload size is only 1GiB.
  • No profiles.
  • No image feed or social aspect.
  • It only gives you a direct link.
  • No editing options.
  • No albums.
Fuwa.se is a site "inspired" by Pomf.se.

What the frontpage looks like (Taken 05 October 2015)
PROS:
  • No ads!
  • Max Upload Size: 10MiB
  • You can drag and drop or directly upload images from your comp.
  • You can upload more than one image at once.
  • It uses HTTPs.
  • The site is simple and aesthetically pleasing.
  • You can change what colour the background is, as well as the upload buttons.
  • Files may be uploaded via the web interface or by sending a POST request to fuwa.se/api/upload with the file[] key.
CONS:
  • No image thumbnail.
  • It doesn't appear to work with embedly. In other words, no thumbnails next to reddit link posts.
  • 'Tis a little slow.
  • Max upload size is only 10MiB.
  • No profiles.
  • Changing the background colours can be a bit fidgety.
  • No image feed or social aspect.
  • It only gives you a direct link.
  • No editing options.
  • Executable files with certain extensions will not be allowed.
  • No albums.

Social

Twitter

Extra Stuff

Github
Transparency
Sugoi.vidyagam.es, Baka!

What the frontpage looks like (Taken 10 September 2016)
PROS:
  • 100MB is the size limit
  • Kawaii anime girls.
  • Open source (?).
  • No ads!
  • The site is simple and aesthetically pleasing.
  • You can drag and drop or directly upload images from your comp.
  • You can upload more than one image at once.
  • 50MiB limit
  • ShareX support.
  • It uses HTTPS!
  • "No logs kept."
  • "Actively keeping the server secure."
  • Gives you a paste text tool
CONS:
  • 100MB is the size limit
  • .exe files are disallowed
  • It doesn't appear to work with embedly. In other words, no reddit thumbnails.
  • No image thumbnail.
  • No albums.
  • No profiles.
  • 50MiB limit
  • No image feed or social aspect.
  • It only gives you a direct link.
  • No editing options.
  • The name and domain are a bit of a mouthful.

Social

Blog
Twitter

Extra Stuff

Donate
ShareX code
Plebeianparty.com - Stellar File Hosting

What the frontpage looks like (Taken 17th, December 2015)
PROS:
  • It's open source(?).
  • No ads!
  • You can drag and drop or directly upload images from your comp.
  • You can upload more than one image at once.
  • Max upload size is 50MiB
  • All filetypes are allowed, ALL! (gif,exe,jpg,rar,ass,srt,etc,etc).
CONS:
  • Appears to be down as off 10th September 2016.
  • Max upload size is only 50MiB
  • It uses HTTP!
  • No image thumbnail.
  • No profiles.
  • No image feed or social aspect.
  • It only gives you a direct link.
  • No editing options.
  • No albums.
  • Plebeianparty does NOT support Internet Explorer and older versions of Firefox, Chrome, Opera and Safari.
  • "Any file can be removed or replaced at any time for any reason." - From the FAQ.

Social

IRC

Extra Stuff

FAQ
Cuntflaps.me or the SFW variant Fluntcaps

What the frontpage looks like (Taken 17th, December 2015)
PROS:
  • It's open source(?).
  • No ads!
  • You can drag and drop or directly upload images from your comp.
  • You can upload more than one image at once.
  • Max upload size is 200MiB
  • "I do not log IPs and do not track site usage via botnet scripts. Sure, nginx does its access log which gets cleaned every few days." - From the FAQ.
CONS:
  • EXE files have been blocked
  • Max upload size is only 200MiB
  • The name.
  • It uses HTTP!
  • No image thumbnail.
  • No profiles.
  • No image feed or social aspect.
  • It only gives you a direct link.
  • No editing options.
  • No albums.
  • Acording to a Twitter statement, it's only a few months 'till donations will be a necessity.

Social

Twitter

Extra Stuff

bitcoin:1EdYqPfxgxjGKkpBBZ9e9gMyrsPfGnQNgV?label=cuntflaps.me&message=Donation
Donators
FAQ
Tools
Cat Girls Are Sexy

What the frontpage looks like (Taken 10, September2016)
PROS:
  • It's open source(?).
  • No ads!
  • You can upload more than one image at once.
  • Max upload size is 100MiB
CONS:
  • As of the 17th of December, I am unable to upload any images to the site. It's been broken since at least the 15th of December 2015.
  • The site is now a private image hosting site and you'll need to request access
  • Max upload size is only 100MiB.
  • The name.
  • It uses HTTP!
  • No image thumbnail.
  • No profiles.
  • No image feed or social aspect.
  • It only gives you a direct link.
  • No editing options.
  • No albums.

Social

#getrekt on irc.rizon.net.
Domain owners Steam account
Steam account for the website owner
Steam Community
matu.red

What the frontpage looks like (Taken 05 October 2015)
PROS:
  • It's open source(?).
  • No ads!
  • Kawaii anime girls.
  • Max upload size is 20MiB
  • You can drag and drop or directly upload images from your comp.
  • You can upload more than one image at once.
CONS:
  • As of 03rd November, 2015, I am unable to access the site without the Administrators login details, which I don't have. From an email to WubTheCaptain, "Because people were uploading CP and bestiality, which is against the rules. I've deleted the offending files. I won't allow other people to upload from now on and intend to keep the site to myself". As of 17th, December 2015, I can no longer connect to the site.
  • Max upload size is only 20MiB
  • Right in the middle of the page is bolded text which reads, "weed".
  • It uses HTTP.
  • No image thumbnail.
  • No profiles.
  • No image feed or social aspect.
  • It only gives you a direct link.
  • No editing options.
  • No albums.

Extra Stuff

Patreon
submitted by Madbrad200 to imguralternatives [link] [comments]

The Absolute Crypto-Coine Beginenrs Guide to MyriadCoin-Mining

Hello, I'm a new member of the Myriadcoin-Community and I made a mining guide for crypto-currency newbies over on my blog. I thought it would fit here as well, hoping that some newbie would discover it upon his quest for mining crypto-coins. (I hope it is ok, that I just copied it over)

The Absolute Crypto-Coin Beginners Guide to MyriadCoin-Mining

Introduction

I researched the technology behind Bitcoin, especially the blockchain, for the past week because it could have been helpful with my current research on electronic voting that I am doing for my project thesis. During that I was amazed by the simple and yet powerful ideas behind crypto-currency. I was tempted to invest some of my spare money (which is not much as an undergraduate) into crypto-currencies, but was appalled by the weak points of Bitcoin, that become apparent if one researches it. (Malleability, 51% Attacks, Selfish Mining, etc. If there is interest I can maybe try to scramble together an article going in detail about attacks on crypto-currencies)
Then I discovered Myriadcoin, which solved most of the problems I had with Bitcoin. Although I myself am quite new to the Myriadcoin-Community I present to you, the absolute crypto-coin beginners guide to Myriadcoin-Mining. The following guide is written for Windows, the process may be similar on Linux/Mac OS but is not 100% the same

Setting up your Wallet

Your Myriadcoin-wallet is very much like your everyday wallet. It holds your currency, and if you lose it your money is gone.
  1. Go to the Myriadcoin homepage
  2. Download The wallet for your OS. (Currently there are Windows and Mac OS Wallets)
  3. Unzip the downloaded
  4. Start the myriadcoin-qt.exe
After the installation is done you should see your wallet stating that your current funds are 0 MYR. At the beginning the wallet has to download all the information from the blockchain, which can take a while. You can see the progress at the bottom of the wallet. Upon pressing the receive-button at the top you will see your automatically generated address. This address can be used to receive Payment. You can generate as many adresses as you want. Under Settings you can Encrypt your wallet, which you probably should do if you plan to use it seriously. Keep in mind, that if you lose your password you have no means to get to your money. Under File you can create a backup and save it somewhere.

Getting to Mine

Mining is the process which verifies currency transactions between accounts. It is simultaneously the process which generates new coins up to a limit. (20 billion is the limit for MYR). To mine a block means to solve a cryptographic puzzle in form of a hash. Myriadcoin uses 5 of those hash-algorithms. If you are a complete newbie to mining and crypto-currencies chances are you do not have specialized Hardware. Because of that it probably is best if you mine using the skein, groestl or qubit algorithms. Do not be scared of the names, I will guide you trough. If you made your mind up which of those you want to use (just pick one, if you do not want to research them) you can go to this post. The following step by step guide is using the skein algorithm with the Modified cgminer and the cryptorus mining pool. The steps can differ slightly if you use a different algorithm or pool, but should be similar.
  1. Go to the above linked post and scroll down to the Standalone Miner Section
  2. Pick a miner. (I use the modified cgminer
  3. Got to the post again and scroll to the Pools Section
  4. Pick one of the mining Pools fitting your chosen algorithm. (I pick http://myrsk.cryptorus.com/ for this one)
  5. Go to the homepage and register if necessary (Lets say my name is Testhans)
  6. Once you registered you should look for the My Workers Option
  7. There create a new worker. (Lets say I make a worker with the name Myry and the password 1234)
  8. Now unzip the Miner you downloaded
  9. Go to the folder of the miner and create a new textfile that you name run.bat
  10. Go to your pool-website and look for the stratum address. (Can be usually found on the startpage, in this my case stratum+tcp://myrsk.cryptorus.com:3333)
The run.bat should look as follows:
name_of_miner.exe -o stratum-address -u YouName.Workername -p Workerpassword (For some algorithms you have to set the algorithm as an option too)
This is how my config looks with the examples above:
cgminer.exe --skein -o stratum+tcp://myrsk.cryptorus.com:3333 -u Testhans.Myry -p 1234
Save the run.bat and you should be able to start the miner through double clicking. A console-window should open displaying the progress. Every time you find a share a message saying something along the lines of "Accepted 214sabc5fe 4/2" should be displayed.
You can enter your Myriadcoin-address inside the Account-Options of your pool, so you can receive your share of the coins you mined. Typically you have to arrange the transaction yourself. Usually the miner can take a lot of options to optimize the amount it can mine, but as a newbie you are likely to break more than you get out of it. The standard-configuration of miner-tools is in most cases pretty good allready.

Further Resources

You can find further resources on the bitcointalk-forums and the awesome subreddit. Also there is another mining-guide, which goes into more detail on all of the algorithms and can be quite helpfull if you are just new to Myriadcoin and not to the crypto-currencies as such.
If you have any suggestions or questions feel free to leave a comment, and if you found my guide useful and want to share some of your hard-mined coins, you can do that also. My Myriadcoin address is MKF8EPYksAV4Bn7M8HLEMyvEPtq3EWeGVW
submitted by WeGi to myriadcoin [link] [comments]

Compilation of all the solutions we have against ASICs and 51% attacks. Which do you think is best? (originally by /u/kanada_kid - re-posting for visibility)

This post by kanada_kid, which was posted 5 days ago, is a very nice compilation of all the solutions to any problems which dogecoin is facing.
Unfortunately, the post didn't get much upvotes and got buried soon.
ORIGINAL POST HERE
Shibes, please go through this post and let's take some time to study and further discuss this among ourselves.
Newbie shibes, if you don't understand something, no problem. Please always feel free to ask anything. We are here to explain you everything in the simplest way possible. But please do go through this. You and us decide the future of our coin :)

THE ORIGINAL POST STARTS HERE:

  • Merge Mining
An brought up by the creator of Litecoin, one of the Doge devs brought up the idea of merge mining with Digibyte. Merged mining allows a miner to mine for more than one block chain at the same time. The benefit is that every hash the miner does contributes to the total hash rate of both (all) currencies, and as a result they are all more secure. You can learn more here
Pros: Potential of 51% attack decreases. Both communities are linked leading to a larger community. Low risk as merge mining has been successfully tried before. Increase hashing power. Miners would get both Litecoin/Digibyte and Doge when mining.
Cons: High likelihood that Litecoin or Digibyte miners will dump their Doge and vice versa. Still susceptible to a 51% attack by a large ASIC scrypt farm. All risk lies on Doge and not Litecoin when implementing the required fork.
  • Change to Scrypt-N algorithm
Current coin used by Vertcoin you can read more about it here...ok you can in all seriousness look more into it here or here.
Pros: Potential of 51% attack decreases. Benefits GPU miners (significant portion of the Doge community is made up of GPU miners).
Cons: Short term solution. Scrypt-n ASICs will probably be developed in the future leading us to where we are now. Scrypt-n can also damage GPU over time.
  • Change to SHA-256 algorithm.
SHA-256 is the mining algorithm that Bitcoin uses. Not much to say here.
Pros: Potential of 51% attack significantly decreases.
Cons: Little innovation. GPU miners can no longer mine Doge.
  • Change Doge from pure PoW (proof of work) to PoW/PoS hybrid.
Coins like Peercoin, Mintcoin and Blackcoin follow this system. You can learn a little more about the how the system works here or here
Pros: Attacker would need 51% of all Dogecoins to do a 51% attack. Significantly energy efficient. GPU mining is no longer necessary. Dogecoin owners will gain coins simply by leaving them in their wallet;.
Cons: Changing from pure PoW to PoW/PoS has (to my knowledge) never been tried before. Can encourage hoarding.
  • Change to X11 algorithm.
This algorithm was brought up in the comments. I don't know much about it but it is very interesting! I'm currently reading up on it here, here and in /hirocoin
Pros: Potential 51% attack decreases. Energy efficient. Lower GPU temperature for miners. More fair to laptop miners and people with lower end tech.
Cons: Risk in switching from Scypt to X11 as its never been done before. Higher risk of 51% attack by a botnet.
  • Change to Multi-Algo algorithm.
Also brought up in the comments. Multi-Algo uses SHA-256, Scrypt, Groestl, Skein and Qubit as one algorithm. In use by Myriadcoin. You can read more on it here and in /myriadcoin.
Pros: Potential of 51% attack significantly decreases (I don't even know if its possible).
Cons: Risk in switching from Scrypt to Multi-Algo as its never been done before.
  • Change to HVC algorithm.
Brought up in the comments. Similar to Multi-Algo in that it has multiple algorithms in one. Currently used by Heavycoin. You can read more here
Pros: Potential of 51% attack significantly decreases (Just like Multi-Algo, I am not sure if its even possible). More secure.
Cons: Risk in switching from Scrypt to HVC as its never been done before.
If you have any more solutions please let me know. If there is something you want to add to a con or pro or a correction let me know as well. I would like this post to drum up discussion. Thank you for participating.
submitted by sklite to dogecoin [link] [comments]

NobleCoin This Past Week - Update

This is a time for cool heads and calm composure. This past week it's come to our attention our coin is getting 51% abused by someone to dump coins on exchanges, definitely for profit, most probably to also 'destroy' the reputation/potential people see in NOBL alongside it.
I'd just like to make some statements.
  1. This is more common than people realise. If someone can 51% NOBL, they can 51% coins with 10-20x our market cap. At 2-3Ghs on occassion and a scrypt difficulty between 10 and 40, we're relatively high.
  2. After conversations with the exchanges they will be upping the confirmation requirements to try and increase security. A number of them also have 'proprietary' means of protecting themselves to varying degrees to such fork abuse. I genuinely wish them luck, I personally think there's a very tough battle going on just beneath the surface of services trying to protect themselves 24/7 from people taking advantage of a fledgling 'industry'.
  3. Some very, very successful coins have had to go through rough periods like this, considered a 'testing' time. They are perfectly fine today as the community/support has grown naturally and stuck with their coin.
  4. We don't blame ASICs nor GPUs. Farms of either are entirely capable of 51% 95% of scrypt coins today with relative ease.
In light of this, I feel obliged to release some more of our longer-term plans and things in the works. This scene moves fast, and people want news faster than it can be delivered. Please read below.
a) - https://bitcointalk.org/index.php?topic=402667.msg6864166#msg6864166
This scene is going to change, fast, perhaps for the worst before the better. So I'm going to share a little 'secret' with you guys. In order to protect NOBL in any worst case scenario we are going to be releasing a number of 'partner' coins, all under the Noble brand. We are going to have a Proof of Stake coin, a 'cut supply' coin, a SHA coin. We are going to look into the right time for merge-mining, which might be now, because mark my words when I said in the PDF merge-mining or a new revolutionary mining method is going to become mandatory.
We are going to back these coins with the infrastructure we've built, tie them directly to gold (at prices beneath spot with deals ranging between 12% and 25%), and ensure that they are supported by a team that we've worked hard to prove can be trusted to continue on with cryptocurrency for better or for worst. All are going to be Noble, all are going to be related to charity, Steps, the marketplace, our crypto vision, community, infrastructure and backed by the same team. This team is going to become larger and a registered Australian business, that acts to promote and support Noble and cryptocurrency but never on an 'official/Foundational' level.
Each of these coins will be an 'IPO', for lack of a better word, in NOBL. You only have to show proof of holdings, and you'll get an equivalent % supply of each new technology partnered with Noble. This won't dilute us, because it will be offering completely different technical preferences that wouldn't work together in a single coin, that you can trade or hold depending on your personal tastes.
I have also been looking hard at CryptoNote (https://bitcoin.org/bitcoin.pdf) on the side, and will most probably be working to release a ring-signature privacy-centric coin alongside these 'Noble' branded coins.
We can blame ASICs or GPU farms, they are both just as capable so it's a moot point, and NOBL is more secure than most. I'm not going to cause a panic, instead try to convince anyone here or looking to get involved that if you really want a long-term coin that understands this scene more than most will let on and will work to pull through anything that we're worth holding. Anyone that wants to argue the maths and technicalities with me over how a PoS like BC is secure because it doesn't have mining I will personally ensure is put in their place with the new 'State of Alternative Crypto', because it is a marketing trick designed to 'kill' PoW coins. Apologies, by this I meant they have their own vulnerabilites just like PoW, they are not immune. We do however see the value in 'investment' coins that don't require huge electricity/hash costs.
I didn't really want to share this too openly until it was 100% ready, instead just post obvious hints, because it takes time, has to be thought out and is a game-changer. 95% of coins don't make it nor intend to make it to 5 months with the original team so they don't need to worry about long-term survival, but we're not going anywhere. But I need to release news to keep people confident in a market that has lost most of its confidence.
In the meantime, a lot of information about a lot of coins will probably start coming to light. Initially it will be on the exchanges to ensure they can better accomodate being taken advantage of, then it will be up to everyone involved in this sickening scene how we intend to take cryptocurrency forward.
Cheers.. Jason
b) - https://bitcointalk.org/index.php?topic=402667.msg6865385#msg6865385
Yes. (Ethereum type thing)
And the dumping, looks like someone 51% us and it looks like it's since resolved. The exchanges are working on an improved system as far as I'm aware for all PoW coins, fork abuse and will most probably increase confirmation requirements.
Rather than using a PoS/PPC coin for example to milk/scam this scene of BTC, we want to release a Noble equivalent that doesn't ask for money. It only asks for the same level of trust we asked for day 1 and proof that you hold NOBL (improving the value of what our community holds in NOBL if people see the value in/desire a new coin with those specifications). You'll receive the fair equivalent in a newly released coin that we will then work/promote under the Noble banner. There will also be room for newcomers to get on board obviously to widen the base, but the deals will focus on Noble supporters.
Just send a fraction of a NOBL to an address we can verify on an explorer (we will snapshot the top 500+ addresses to prevent people taking advantage by constantly moving coins) and your equivalent will be moved to each new coin. This system will become automated as we refine it.
On release these coins will have the expected basics (explorer, exchanges) as well as CoinPayments (ASAP), acceptance on the Marketplace, use on 'Steps', and their own promotional deals to entice a first wave of interested 'investors'/users/speculators/buyers. Some will also be backed by a guaranteed exchange rate on the marketplace, similar to our 'Phoenix card' detailed initially here. They will then receive the same support as the others. Some might think this is too much work to take on in terms of 'development', but our focus has been on innovative infrastructure and services and that will be complete soon enough. This infrastructure, emails, correspondence and testing is a lot more work than upgrading wallets or forks, and once complete means we can focus on the technical aspects while providing an economy to use the coins. Ideally I don't want to personally, there are a number of developers we're talking to that also have the skills to do so while I get the rewritten 'State of Alternative Cryptocurrency' complete and published.
We will then be moving the marketplace and Steps longer-term onto a decentralized platform (there are a few that are looking more promising by the day) that allows direct payments between merchants/buyers for all cryptocurrencies under the Noble banner. We don't want a centralized point of hosting and we don't want to have to micromanage it, we'd rather focus on pushing services forward alongside support for the tech of each coin. Whether or not we keep some centralized 'control' over what is added to the Marketplace is still under consideration, because we don't want it to sink into a den of illegal products and heinous material (you know the type).
Someone might do this first with all the info. I've been pushed to release, but we'll always do it at 0% fees, asking for zero money upfront, and stay as true as is possible to the underlying ideals of cryptocurrency that is meant to be taking the economics of this world to another level.
Of course none of this is 100% set in stone and there is plenty of room for improvement and refinement. We forget how brand new this 'industry' is and no system we plan is perfect, but we're going to be damn sure we're an important part of it. It's the reason some of us have been quiet, a lot of work, planning, discussion and thinking needs to go into something like this to make it more than hot air. To us, doesn't matter what our price is in the short term. Maybe I'm a dreamer, but the work myself and others have been putting into this is real.
Cheers.
c) - https://bitcointalk.org/index.php?topic=402667.msg6865493#msg6865493
It won't dilute the coin (edit: any more so than the dozen being released daily) because some people want PoW, some people want PoS, some people want X11, some people want a dozen other specifications. They can't be provided all in one coin, but they can provided by a trusted team that will accommodate them all in a decentralized marketplace and fundraising platform. I don't want them to be paired purely with NOBL nor could we stop exchanges from doing so, only the initial 'IPO' or distribution, if the specification requires one.
What we're seeing, and feel free to disagree, is there are about a dozen 'products/specifications' people want. The problem is the people providing these products can't be trusted, are doing so in a dodgy fashion, or are leaving/scamming the coins behind so that they have no future. We want one of each of these accommodated and supported under the Noble brand, with this original NOBL itself the core/'seed' coin.
d) - https://bitcointalk.org/index.php?topic=402667.msg6866330#msg6866330
Giving value to the freebie coins is definitely something that needs to be considered. Perhaps it will be the value of the NOBL itself that acts as an initial holding incentive and that acts as a 'share' in a new specification. We will have to work on %s and ensure fair distribution as well as rewards for current holders while accomodating newcomers, that balance is why this isn't so simple and requires a lot of foresight, input and thinking.
It takes less time for us to work on the development/code side of coins than you think. I shamelessly admit I am a fan of open source and am using it to NOBLs advantage. We will use the updates done by dedicated development teams while attributing them for our own coins. We also can 'contract' out/bounty other work, but that is only becoming more of an option now that I have built some relationships with the more trusted developers. Otherwise, the general maintenance I can do myself, Heartbleed, checkpoints, etc etc. including customised branded wallets for NOBL that we are incorporating a lot of features into. There are definitely exceptions to this, DRK is not something I would want to touch as the work being put into that by Ed behind closed doors is inspiring and not something we could even attempt to match unless we stopped working on everything else. That is why CryptoNote looks appealing, it's more open source and the team behind it promote forking and sharing of the technology.
I definitely agree with flavour of the month which is why we don't do it that month. Some specifications might be hot one month and then not so crash hot the next, but longer-term they still will play a role and are still the preference of some. Personally I think this includes SHA, PoS (act as a NOBL 'saver', and tie to gold), X11, perhaps some up-and-coming mining algo., anonymity (as well as open/transparent), 5xMYR (although I do respect their approach and wouldn't want to 'use' it too soon without letting it come of its own).
You're also right in that people don't give two hoots about scams, so long as they think they can get in and get out in time to profit also. That's how the scene works right now and we all know it. Our niche no longer feels like it's just charity, but also for longer-term altcoin supporters who see potential in all these 'experiments' and feel they will have a place in one form or another if/when this place grows up. Which is why we'd like to cover every angle. If a coin isn't as supported in 6 months, that's fine. We gave the option, supported it with a team that provided services, updates and didn't scam, and held the core NOBL value up with it.
Our work has always focused on the the merchants/services/economies underlying crypto and ensuring in the future it can be used internationally to the best of its abilities. Fast, charitable, little fees, global, decentralized, etc. We can then use these services to increase the demand of all specifications that we support, whether they last or otherwise. It lets NOBL act as a 'share' and arguably could entice holding.
Like I said, we definitely need feedback. It's not something we even wanted to bring to the table at this point, but this place expects big news faster than that big news can be delivered. So these are the types of things we're including in the game plan and intending to deliver in one form or another.
The biggest problem with us and NobleCoin is we just don't quit. You throw something like this at us and we'll lap it up as motivation to keep working. Sooner or later this pays off, whether we have to force it to or otherwise.
Some people attribute a low price to death. It is a mistake to think so.
Thanks for your time and patience.
submitted by NobleCoin-Rofo to NobleCoin [link] [comments]

Colored Coins getting its first real-world implementation?

Bryce Weiner of Blocktech is using the colored coin meta layer on MyriadCoin to create a Brazillian MYR token called "Liberdade".
To summarize briefly, Myriad is an altcoin that is the first to implement a multi-PoW blockchain which makes mining possible using SHA256, Scrypt, Skein, Groestl, OR Qubit (the blockchain rewards are split 20% to each algorithm).
What are your thoughts on branding a coin like this, or Bitcoin, to market cryptocurrencies towards a specific population better? The people may identify more with the cultural appeal while still gaining advantage of transacting the tokens across the cryptocurrency network? Usually we see colored coins discussed with assets and property, but not culture.
The main problem I see with Bitcoin though is the high cost entry into mining, which is how the colored coins get branded and 'integrated' into the culture of the population. If you can get a population mining a coin with the colored-coin wallets, though, it may assist in a grassroots adoption.
submitted by neuroMode to Bitcoin [link] [comments]

Getting a Myriadcoin article published on CoinDesk?

I noticed that Vericoin had an article published on CoinDesk a few days back.
Getting an article published on Myriadcoin would be great for raising awareness. The content can focus on the unique features of MYR and future projects. Any thoughts on how to accomplish this?
http://www.coindesk.com/vericoin-altcoin-spend-wherever-bitcoin-accepted/
submitted by DRCC to myriadcoin [link] [comments]

Earn 1 Bitcoin per day! Free Bitcoin 2020 - YouTube How To Get FREE BITCOIN? 5 Ways! 💰 - YouTube HOW TO BUY BITCOIN 2020 - BEST Ways to Invest In ... How to get a Bitcoin Wallet Address - FREE & in under a ... HOW TO GET A BITCOIN WALLET - Safe and Secure Way - YouTube

Highly trusted place where you can convert your bitcoin to myr easily without any inconvenience or fear of fraud as we are providing highly trusted services for free. Convert Bitcoin Anonumous Service Conversion of bitcoin was never been such an easy task ever before. User friendly, safe and secure platform with anonymous transfer at best ever rates in the market. Select Amount to Exchange ... 1. Get Bitcoin by MicroTasks. Microtasks are also termed as GPT(Get paid to). Meaning they are websites offering you small tasks (like watching a video, completing a survey, refer someone to a website etc). Which require negligible time and efforts (hence the “micro”) and in return you get paid. For the scope of this article, I’ll acquaint you with some of the best Microtask websites ... We added the most popular Currencies and CryptoCurrencies for our Calculator. You can convert Bitcoin to other currencies from the drop down list. Selling 1 Bitcoin you get 54059.50 Malaysian Ringgit at 23. October 2020 11:22 AM (GMT). 0.1 BTC to MYR conversion. Live realtime updated bitcoin prices here, charts long and short terms, 0.1 BTC Calculator in Malaysian Ringgit at livebtcprice.com Bitcoin - Malaysian Ringgit Chart (BTC/MYR) Conversion rate for Bitcoin to MYR for today is RM52,995. It has a current circulating supply of 18.5 Million coins and a total volume exchanged of RM110,193,141,375

[index] [31412] [6814] [34062] [988] [2534] [11354] [5458] [30398] [19248] [25398]

Earn 1 Bitcoin per day! Free Bitcoin 2020 - YouTube

https://www.youtube.com/watch?v=-cWkoBJuu-k Track: CØDE - Duck Face [NCS Release] Music provided by NoCopyrightSounds. Watch: https://youtu.be/-cWkoBJuu-k Fr... What it really takes to mine a Bitcoin in 10 Minutes. Firstly I'll show you a special free method to mine Bitcoin and send funds directly to your wallet in 1... Want to make money online? Join here - https://www.beermoneyforum.com/ Exchange Bitcoin to Bank Account How to transfer Bitcoin to Bank Account 🔥 TOP Crypto TIPS In My Newsletter 👉 https://signup.coinbureau.com/newsletter 💰 Get A Ruby Card Or Better & Get $50 FREE Here 👉 https://www.coinbureau.com ... HOW TO BUY BITCOIN 2020 - BEST Ways to Invest In Cryptocurrency For Beginners! (UPDATE) Get $10 of free Bitcoin when you buy or sell at least $100 of cryptoc...

#