Who Accepts Bitcoins in 2020? List of 20+ Major Companies

All in

Been in Crypto for a while and I believe this is the first time I ever went all in on one coin. This will either go be looked at in the future as the ramblings of a rich idiot, or just an idiot. I'm mainly making this post to write down my own thoughts and prove to myself I'm confident in my decesion by letting a bunch of strangers in an echo chamber who will agree with anything said on this subreddit as long as it's bullish regarding tomo, so I don't really care as I never told anyone around me I'm in crypto.
Anyways I've been in Tomo for a while as seen here and for the most part this is why it's been in my portfolio. https://reddit.com/Tomochain/comments/b29kob/why_do_you_think_tomochain_will_be_successful/eiriabt/
I've always tried to keep my portfolio small, max up to 5 coins but I'm starting to restrict that to one and expand it out as I have more money to do so. I took posts like this one: https://www.reddit.com/ethtradecomments/6chmu6/i_just_became_a_crypto_millionaire/dhuowo0?utm_source=share&utm_medium=web2x and thought long and hard.
One of my main biggest points of going all in on Tomo is tomox and I'm deliberately making this post before the testnet but ideally if Tomox is what, from what I'm reading it to be, it will undoubtedly make Tomo huge.
The biggest thing is the whole one order book, regardless of if it's on Binance, bittrex, or a DEX, this will provide liquidity for any new exchange, giving Tomo and and coins built upon it the best liquidity as well as the best protection against whales since they can't go arbitrage trading if everything has one big book. But this brings me to my question, how will Tomox be intergrated with Binance and bittrex since they already have their own relayers, will they have to update their systems to adapt (which if I'm understanding correctly will save them money in the long run) or can they just bypass it and ignore tomox altogether.
  1. Tomox gives users the best experience since unlike IDEX or Etherdelta you don't have to deposit your tokens so you can keep them in your wallet as well as use the exchange you like the best since it's one big order book. Also, as long as Tomochain is running you'll always be able to sell your tokens since the DEX is literally built into the blockchain
  2. TOMOX targets the main thing everyone in cryptocurrency has to do/ has done, which is trading. Bitcoin targeted what we used to trade aka currency while Tomox is targeting markets themselves, again everyone of us has used an exchange.
  3. TOMOX actually makes something out of the whole "2k TPS" thing, which was a pushing point for a lot of cc projects before, that they had thosuands of TPS, but the thing is, having a lot of TPS doesn't mean shit if no one is using it, TOMOX will (again if I'm understanding correctly) make full use of Tomochain's TPS since the orders are sent to masternodes themselves.
  4. TOMOX gives Tomo token and the underlying blockchain as well as the masternodes more usecases. You can now use your Tomo to save up and open up your own DEX, the blockchain will be tested hard by processing orders. Masternode holders will have to be the ones that match those orders.
Ideally this is how I see it, Bitcoin revolutionized what we trade with whilst Tomox will target what we use to trade, going and hand hand.
Again this (in my mind) will be big if it all goes down the way I see it which is why I went all in, This doesn't even mention Tomoz which will make people want to build on Tomo since they can use their own coin to pay for transactions, and those coins will automatically be added to Dexs given Tomox, or any of the reasons I brought up here: https://reddit.com/Tomochain/comments/b29kob/why_do_you_think_tomochain_will_be_successful/eiriabt/
Or the fact that after Tomox is released the next target is privacy
" Afterward, the next major stage of development will focus on expanding TomoChain 2.0 to further support real demands for scalability, privacy, and private chains with technologies currently at the research stage such as sharding, ZK-snark, side-chain and private chain generation. "
To sum up mainly why I went all in even though it's a bad idea it's mainly TOMOX, everyone is trying to find something to do with their blockchain and most focus on gaming/gambling. TOMOX itself targets something that everyone involved in crypto has to do, which is use an exchange, everyone says DEXS are the future and that's because a blockchain based exchange is a no brainier for a blockchain. But mostly all the projects go about it by making their own semi centralised exchange then calls it a DEX. TOMOX instead intergrates what's needed to build a DEX in the blockchain bringing entrepreneurs who want to run DEXES to Tomochain and since you need TOMO it gives tomochain's token another usecase. Right now the targeted audience (crypto users) highest values are trading their tokens for a higher price, exchanges play a big hand in that.
Anyways I do have my doubts that being, all this is only based off of what I think I'm understanding and it looks to good to be true which some of it will be tested in the next two days. And the fact that this is a decentralized project with a CEO. But again, as time goes on the coin can become more and more decentralized.
Once again, this will most likely be deleted a couple months after posting, mainly of the reasons stated at the beginning.
Since I know people will ask my portfolio use to be consist of BTC, ETH, KMD, DCR, and TOMO, now it's just the latter. I do plan on going into the other projects, but I make portfolio changes based off of the year for tax purposes, so that won't happen till 21. And I went all in a while ago not because of this most recent "pump", this post is only being made now because we're so close to Tomox's testnet which will tell me if I need to listen to myself more, or of I am just an idiot who assumes to much. Granted because of this recent pump I am doing very good.
submitted by KingTurtle23 to Tomochain [link] [comments]

AMA with Wanchain VP Lini

AMA with Wanchain VP Lini
Original article here: https://medium.com/wanchain-foundation/ama-with-wanchain-vp-lini-58ada078b4fe

“What is unique about us is that we have actually put theory into practice.”
— Lini
https://preview.redd.it/n6lo2xcmtn621.png?width=800&format=png&auto=webp&s=281acce4b45eed8acf0c52b201d01cb6f0d13507
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Wanchain’s Vice President of Business Development, Lini, sat down with blockchain media organization Neutrino for an AMA covering a wide range of topics concerning Wanchain’s development.
The following is an English translation of the original Chinese AMA which was held on December 13th, 2018:
Neutrino: Could you please first share with us a little basic background, what are the basic concepts behind cross chain technology? What are the core problems which are solved with cross-chain? In your opinion, what is the biggest challenge of implementing cross chain to achieve value transfer between different chains?
Lini: Actually, this question is quite big. Let me break it down into three smaller parts:
  1. First, what is the meaning of “cross-chain”?
https://preview.redd.it/cpui6t7qtn621.png?width=720&format=png&auto=webp&s=86bc39d94b0713949c150598e2397a4f9d3ac491
In China, we like to use the word “cross-chain”, the term “interoperability” is used more frequently in foreign countries. Interoperability is also one of the important technologies identified by Vitalik for the development of a future blockchain ecosystem mentioned in the Ethereum white paper. So cross-chain is basically the concept of interoperability between chains.
  1. The core problem solved by cross chain is that of “multi-ledger” synchronous accounting
https://preview.redd.it/603dl86stn621.png?width=720&format=png&auto=webp&s=425b827298ac919f8cf05909037458a173100cc4
In essence, blockchain is a distributed bookkeeping technique, also known as distributed ledger technology. Tokens are the core units of account on each chain, there currently exist many different chains, each with their own token. Of especial importance is the way in which each ledger uses tokens to interact with each other for the purpose of clearing settlements.
  1. The core purpose of the cross-chain technology is as one of the key infrastructures of the future economy based on digital currencies.
https://preview.redd.it/3d61f26utn621.png?width=720&format=png&auto=webp&s=b735482c9734e1d32176e406adce1718be20583e
Cross chain technology is one of the foundational technological infrastructures that is necessary for the large scale application of blockchain technology.
Neutrino: As we all know, there are many different kinds of cross-chain technologies. Please give us a brief introduction to several popular cross-chain technologies on the market, and the characteristics of each of these technologies。
Lini: Before answering this question, it is very important to share two important concepts with our friends: heterogeneity and homogeneity, and centralization and decentralization.
https://preview.redd.it/n6wbs77wtn621.png?width=720&format=png&auto=webp&s=83fcadd09afb214d2aa5a2a6deb6c24d0d4da671
These two points are especially important for understanding various cross-chain technologies, because there are many different technologies and terminologies, and these are some of the foundational concepts needed for understanding them.
There are also two core challenges which must be overcome to implement cross-chain:
https://preview.redd.it/84wqd28ytn621.png?width=720&format=png&auto=webp&s=dafe1cd2993f853547b532421404e6ab86e185f1
Combining the above two points, we look at the exploration of some solutions in the industry and the design concepts of other cross-chain projects.
First I’d like to discuss the Relay solution.
https://preview.redd.it/qgcqiwlztn621.png?width=720&format=png&auto=webp&s=0925d4221c9e92e365e150638c645bef8c609b3f
However the Relay solution must consume a relatively large amount of gas to read the BTC header. Another downside is that, as we all know, Bitcoin’s blocks are relatively slow, so the time to wait for verification will be long, it usually takes about 10 minutes to wait for one block to confirm, and the best practice is to wait for 6 blocks.
The next concept is the idea of Sidechains.
https://preview.redd.it/9cg79bl1un621.png?width=720&format=png&auto=webp&s=1260e14213b1757eadc4b6141a365ed3b0e20316
This solution is good, but not all chains contain SPV, a simple verification method. Therefore, there are certain drawbacks. Of course, this two way peg way solves challenge beta very well, that is, the atomicity of the transaction.
These two technical concepts have already been incorporated into a number of existing cross chain projects. Let’s take a look at two of the most influential of these.
The first is Polkadot.
https://preview.redd.it/1o3xwz93un621.png?width=720&format=png&auto=webp&s=249909a33b5420050a6010b961a944285fc94926
This is just a summary based on Polkadot’s whitepaper and most recent developments. The theoretical design is very good and can solve challenges alpha and beta. Last week, Neutrino organized a meetup with Polkadot, which we attended. In his talk, Gavin’s focus was on governance, he didn’t get into too much technical detail, but Gavin shared some very interesting ideas about chain governance mechanisms! The specific technical details of Polkadot may have to wait until after their main net is online before it can be analyzed.
Next is Cosmos.
https://preview.redd.it/5gtjf6x4un621.png?width=720&format=png&auto=webp&s=94d6408ff65dc7041316f0130867888e108848b2
Cosmos is a star project who’s basic concept is similar to Polkadot. Cosmos’s approach is based on using a central hub. Both projects both take into account the issue of heterogeneous cross-chain transactions, and both have also taken into account how to solve challenges alpha and beta.
To sum up, each research and project team has done a lot of exploration on the best methods for implementing cross-chain technology, but many are still in the theoretical design stage. Unfortunately, since the main net has not launched yet, it is not possible to have a more detailed understanding of each project’s implementation. A blockchain’s development can be divided into two parts: theoretical design, and engineering implementation. Therefore, we can only wait until after the launch of each project’s main network, and then analyze it in more detail.
Neutrino: As mentioned in the white paper, Wanchain is a general ledger based on Ethereum, with the goal of building a distributed digital asset financial infrastructure. There are a few questions related to this. How do you solve Ethereum’s scaling problem? How does it compare with Ripple, which is aiming to be the standard trading protocol that is common to all major banks around the world? As a basic potential fundamental financial infrastructure, what makes Wanchain stand out?
Lini: This question is actually composed of two small questions. Let me answer the first one first.
  1. Considerations about TPS.
First of all, Wanchain is not developed on Ethereum. Instead, it draws on some of Ethereum’s code and excellent smart contracts and virtual machine EVM and other mature technical solutions to build the mainnet of Wanchain.
The TPS of Ethereum is not high at this stage, which is limited by various factors such as the POW consensus mechanism. However, this point also in part is due to the characteristics of Ethereum’s very distributed and decentralized features. Therefore, in order to improve TPS, Wanchain stated in its whitepaper that it will launch its own POS consensus, thus partially solving the performance issues related to TPS. Wanchain’s POS is completely different from the POS mechanism of Ethereum 2.0 Casper.
Of course, at the same time, we are also paying close attention to many good proposals from the Ethereum community, such as sharding, state channels, side chains, and the Raiden network. Since blockchain exists in the world of open source, we can of course learn from other technological breakthroughs and use our own POS to further improve TPS. If we have some time at the end, I’d love to share some points about Wanchain’s POS mechanism.
  1. Concerning, Ripple, it is completely different from what Wanchain hopes to do.
Ripple is focused on exchanges between different fiat pairs, the sharing of data between banks and financial institutions, as a clearing and settlement system, and also for the application of DLT, for example the Notary agent mechanism.
Wanchain is focused on different use cases, it is to act as a bridge between different tokens and tokens, and between assets and tokens. For various cross-chain applications it is necessary to consume WAN as a gas fee to pay out to nodes.
So it seems that the purpose Ripple and Wanchain serve are quite different. Of course, there are notary witnesses in the cross-chain mechanism, that is, everyone must trust the middleman. Ripple mainly serves financial clients, banks, so essentially everyone’s trust is already there.
Neutrino: We see that Wanchain uses a multi-party computing and threshold key sharing scheme for joint anchoring, and achieves “minimum cost” for integration through cross-chain communication protocols without changing the original chain mechanism. What are the technical characteristics of multi-party computing and threshold key sharing? How do other chains access Wanchain, what is the cross-chain communication protocol here? What is the cost of “minimum cost?
Lini: The answer to this question is more technical, involving a lot of cryptography, I will try to explain it in a simple way.
  1. About sMPC -
It stands for secure multi-party computation. I will explain it using an example proposed by the scholar Andrew Yao, the only Turing Award winner in China. The scenario called Yao’s Millionaire Problem. How can two millionaires know who is wealthier without revealing the details of their wealth to each other or a trusted third party? I’m not going to explain the answer in detail here, but those who are interested can do a web search to learn more.
In sMPC multiple parties each holding their own piece of private data jointly perform a calculation (for example, calculating a maximum value) and obtain a calculation result. However, in the process, each party involved does not leak any of their respective data. Essentially sMPC calculation can allow for designing a protocol without relying on any trusted third parties, since no individual ever has access to the complete private information.
Secure multiparty computing can be abstractly understood as two parties who each have their own private data, and can calculate the results of a public function without leaking their private data. When the entire calculation is completed, only the calculation results are revealed to both parties, and neither of them knows the data of the other party and the intermediate data of the calculation process. The protocol used for secure multiparty computing is homomorphic encryption + secret sharing + OT (+ commitment scheme + zero knowledge proofs, etc.)
Wanchain’s 21 cross chain Storeman nodes use sMPC to participate in the verification of a transaction without obtaining of a user’s complete private key. Simply put, the user’s private key will have 21 pieces given to 21 anonymous people who each can only get 1/21 part, and can’t complete the whole key.
  1. Shamir’s secret sharing
There are often plots in a movie where a top secret document needs to be handed over to, let’s say five secret agents. In order to protect against the chance of an agent from being arrested or betraying the rest, the five agents each hold only part of a secret key which will reveal the contents of the documents. But there is also a hidden danger: if one the agents are really caught, how can the rest of the agents access the information in the documents? At this point, you may wonder if there is any way for the agents to still recover the original text with only a portion of the keys? In other words, is there any method that allows a majority of the five people to be present to unlock the top secret documents? In this case, the enemy must be able to manipulate more than half of the agents to know the information in the secret documents.
Wanchain uses the threshold M<=N; N=21; M=16. That is to say, at least 16 Storeman nodes must participate in multi-party calculation to confirm a transaction. Not all 21 Storeman nodes are required to participate. This is a solution to the security problem of managing private keys.
Cross-chain communication protocols refers to the different communication methods used by different chains. This is because heterogeneous cross-chain methods can’t change the mechanism of the original chains. Nakamoto and Vitalik will not modify their main chains because they need BTC and ETH interoperability. Therefore, project teams that can only do cross-chain agreements to create different protocols for each chain to “talk”, or communicate. So the essence of a cross-chain protocol is not a single standard, but a multiple sets of standards. But there is still a shared sMPC and threshold design with the Storeman nodes.
The minimum cost is quite low, as can be shown with Wanchain 3.0’s cross chain implementation. In fact it requires just two smart contracts, one each on Ethereum and Wanchain to connect the two chains. To connect with Bitcoin all that is needed is to write a Bitcoin script. Our implementation guarantees both security and decentralization, while at the same time remaining simple and consuming less computation. The specific Ethereum contract and Bitcoin scripts online can be checked out by anyone interested in learning more.
Neutrino: What kind of consensus mechanism is currently used by Wanchain? In addition, what is the consensus and incentive mechanism for cross-chain transactions, and what is the purpose of doing so? And Wanchain will support cross-chain transactions (such as BTC, ETH) on mainstream public chains, asset cross-chain transactions between the alliance chains, and cross-chain transactions between the public and alliance chains, how can you achieve asset cross-chain security and privacy?
Lini: It is now PPOW (Permissioned Proof of Work), in order to ensure the reliability of the nodes before the cross-chain protocol design is completed, and to prepare to switch to POS (as according to the Whitepaper roadmap). The cross-chain consensus has been mentioned above, with the participation of a small consensus (at least 16 nodes) in a set of 21 Storeman nodes through sMPC and threshold secret sharing.
In addition, the incentive is achieved through two aspects: 1) 100% of the cross chain transaction fee is used to reward the Storeman node; 2) Wanchain has set aside a portion of their total token reserve as an incentive mechanism for encouraging Storeman nodes in case of small cross-chain transaction volume in the beginning.
It can be revealed that Storeman participation is opening gradually and will become completely distributed and decentralized in batches. The first phase of the Storeman node participation and rewards program is to be launched at the end of 2018. It is expected that the selection of participants will be completed within one quarter. Please pay attention to our official announcements this month.
In addition, for public chains, consortium chains, and private chains, asset transfer will also follow the cross-chain mechanism mentioned above, and generally follow the sMPC and threshold integration technology to ensure cross-chain security.
When it comes to privacy, this topic will be bigger. Going back to the Wanchain Whitepaper, we have provided privacy protection on Wanchain mainnet. Simply put, the principle is using ring signatures. The basic idea is that it mixes the original address with many other addresses to ensure privacy. We also use one-time address. In this mechanism a stamp system is used that generates a one-time address from a common address. This has been implemented since our 2.0 release.
But now only the privacy protection of native WAN transactions can be provided. The protection of cross-chain privacy and user experience will also be one of the important tasks for us in 2019.
Neutrino: At present, Wanchain uses Storeman as a cross-chain trading node. Can you introduce the Storeman mechanism and how to protect these nodes?
Lini: Let me one problem from two aspects.
  1. As I introduced before in my explanation of sMPC, the Storeman node never holds the user’s private key, but only calculates the transaction in an anonymous and secure state, and the technology prevents the Storeman nodes from colluding.
  2. Even after technical guarantees, we also designed a “double protection” against the risk from an economic point of view, that is, each node participating as a Storeman needs to pledge WAN in the contract as a “stake”. The pledge of WAN will be greater than the amount of any single transaction as a guarantee against loss of funds.
If the node is malicious (even if it is a probability of one in a billion), the community will be compensated for the loss caused by the malicious node by confiscation of the staked WAN. This is like the POS mechanism used by ETH, using staking to prevent bad behavior is a common principle.
Neutrino: On December 12th, the mainnet of Wanchain 3.0 was launched. Wanchain 3.0 opened cross-chain transactions between Bitcoin, Ethereum and ERC20 (such as MakerDao’s stable currency DAI and MKR). What does this version mean for you and the industry? This upgrade of cross-chain with Bitcoin is the biggest bright spot. So, if now you are able to use Wanchain to make transactions between what is the difference between tokens, then what is the difference between a cross chain platform like Wanchain and cryptocurrency exchanges?
Lini: The release of 3.0 is the industry’s first major network which has crossed ETH and BTC, and it has been very stable so far. As mentioned above, many cross-chain, password-protected theoretical designs are very distinctive, but for engineering implementation, the whether or not it can can be achieved is a big question mark. Therefore, this time Wanchain is the first network launched in the world to achieve this. Users are welcome to test and attack. This also means that Wanchain has connected the two most difficult and most challenging public networks. We are confident we will soon be connecting other well-known public chains.
At the same time of the release of 3.0, we also introduced cross chain integration with other ERC20 tokens in the 2.X version, such as MakerDao’s DAI, MKR, LRC, etc., which also means that more tokens of excellent projects on Ethereum will also gradually be integrated with Wanchain.
Some people will be curious, since Wanchain has crossed so many well-known public chains/projects; how is it different with crypto exchanges? In fact, it is very simple, one centralized; one distributed. Back to the white paper of Nakamoto, is not decentralization the original intention of blockchain? So what Wanchain has to do is essentially to solve the bottom layer of the blockchain, one of the core technical difficulties.
Anyone trying to create a DEX (decentralized exchange); digital lending and other application scenarios can base their application on Wanchain. There is a Wanchain based DEX prototype made by our community members Jeremiah and Harry, which quite amazing. Take a look at this video below.
https://www.youtube.com/watch?v=codcqb66G6Q
Neutrino: What are the specific application use cases after the launch of Wanchain 3.0? Most are still exploring small-scale projects. According to your experience, what are the killer blockchain applications of the future? What problems need to be solved during this period? How many years does it take?
Lini:
  1. Wanchain is just a technology platform rather than positioning itself as an application provider; that is, Wanchain will continue to support the community, and the projects which use cross-chain technology to promote a wide range of use cases for Wanchain.
  2. Cross-chain applications that we anticipate include things like: decentralized exchanges, digital lending, cross chain games, social networking dAPPs, gambling, etc. We also expect to see applications using non fungible tokens, for example exchange of real assets, STOs, etc.
  3. We recently proposed the WanDAPP solution. Simply speaking, a game developer for example has been developing on Ethereum, and ERC20 tokens have been issued, but they hope to expand the player base of their games to attract more people. To participate and make full use of their DAPP, you can consider using the WanDAPP solution to deploy the game DAPP on other common platforms, such as EOS, TRON, etc., but you don’t have to issue new tokens on these chains or use the previous ERC20 tokens. In this way the potential user population of the game can be increased greatly without issuing more tokens on a new chain, improving the real value of the original token. This is accomplished completely using the cross-chain mechanism of Wanchain.
  4. For large-scale applications, the infrastructure of the blockchain is not yet complete, there are issues which must first be dealt with such as TPS, sharding, sidechains, state channels, etc. These all must be solved for the large-scale application of blockchain applications. I don’t dare to guess when it will be completed, it depends on the progress of various different technical projects. In short, industry practitioners and enthusiasts need a little faith and patience.
Neutrino community member Block Venture Capital Spring: Will Wanchain be developing any more cross chain products aimed at general users? For example will the wallet be developed to make automatic cross chain transfers with other public chains? Another issue the community is concerned about is the currency issuance. Currently there are more than 100 million WAN circulating, what about the rest, when will it be released?
Lini: As a cross-chain public chain, we are not biased towards professional developers or ordinary developers, and they are all the same. As mentioned above, we provide a platform as infrastructure, and everyone is free to develop applications on us.
For example, if it is a decentralized exchange, it must be for ordinary users to trade on; if it is some kind of financial derivatives product, it is more likely to be used by finance professionals. As for cross-chain wallets which automatically exchange, I’m not sure if you are talking about distributed exchanges, the wallet will not be “automatic” at first, but you can “automatically” redeem other tokens.
Finally, the remaining WAN tokens are strictly in accordance with the plan laid out in the whitepaper. For example, the POS node reward mentioned above will give 10% of the total amount for reward. At the same time, for the community, there are also rewards for the bounty program. The prototype of the DEX that I just saw is a masterpiece of the overseas community developers, and also received tokens from our incentive program.
Neutrino community member’s question: There are many projects in the market to solve cross-chain problems, such as: Cosmos, Polkadot, what are Wanchain’s advantages and innovations relative to these projects?
Lini: As I mentioned earlier, Cosmos and pPolkadot all proposed very good solutions in theory. Compared with Wanchain, I don’t think that we have created anything particularly unique in our theory. The theoretical basis for our work is cryptography, which is derived from the academic foundation of scholars such as Yao Zhizhi and Silvio Micali. Our main strong point is that we have taken theory and put it into practice..
Actually, the reason why people often question whether a blockchain project can be realized or not is because the whitepapers are often too ambitious. Then when they actually start developing there are constant delays and setbacks. So for us, we focus on completing our very solid and realizable engineering goals. As for other projects, we hope to continue to learn from each other in this space.
Neutrino community member Amos from Huobi Research Institute question: How did you come to decide on 21 storeman nodes?
Lini: As for the nodes we won’t make choices based on quantity alone. The S in the POS actually also includes the time the tokens are staked, so that even if a user is staking less tokens, the amount of time they stake them for will also be used to calculate the award, so that is more fair. We designed the ULS (Unique Leader Selection) algorithm in order to reduce the reliance on the assumption of corruption delay (Cardano’s POS theory). which is used for ensuring fairness to ensure that all participants in the system can have a share of the reward, not only few large token holders.
Wu Di, a member of the Neutrino community: Many big exchanges have already begun to deploy decentralized exchanges. For example, Binance, and it seems that the progress is very fast. Will we be working with these influential exchanges in the future? We we have the opportunity to cooperate with them and broaden our own influence?
Lini: I also have seen some other exchange’s DEX. Going back the original point, distributed cross-chain nodes and centralized ones are completely different. I’m guessing that most exchanges use a centralized cross-chain solution, so it may not be the same as the 21 member Storeman group of Wanchain, but I think that most exchanges will likely be using their own token and exchange system. This is my personal understanding. But then, if you are developing cross chain technology, you will cooperate with many exchanges that want to do a DEX. Not only Binance, but also Huobi, Bithumb, Coinbase… And if there is anyone else who would like to cooperate we welcome them!
Neutrino community member AnneJiang from Maker: Dai as the first stable chain of Wanchain will open a direct trading channel between Dai and BTC. In relation to the Dai integration, has any new progress has been made on Wanchain so far?
Lini: DAI’s stable currency has already been integrated on Wanchain. I just saw it yesterday, let me give you a picture. It’s on the current 3.0 browser, https://www.wanscan.org/, you can take a look at it yourself.
This means that users with DAI are now free to trade for BTC, or ETH or some erc20 tokens. There is also a link to the Chainlink, and LRC is Loopring, so basically there are quite a few excellent project tokens. You may use the Wanchain to trade yourself, but since the DEX is not currently open, currently you can only trade with friends you know.
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About Neutrino

Neutrino is a distributed, innovative collaborative community of blockchains. At present, we have established physical collaboration spaces in Tokyo, Singapore, Beijing, Shanghai and other places, and have plans to expand into important blockchain innovation cities such as Seoul, Thailand, New York and London. Through global community resources and partnerships, Neutrino organizes a wide range of online an offline events, seminars, etc. around the world to help developers in different regions better communicate and share their experiences and knowledge.

About Wanchain

Wanchain is a blockchain platform that enables decentralized transfer of value between blockchains. The Wanchain infrastructure enables the creation of distributed financial applications for individuals and organizations. Wanchain currently enables cross-chain transactions with Ethereum, and today’s product launch will enable the same functionalities with Bitcoin. Going forward, we will continue to bridge blockchains and bring cross-chain finance functionality to companies in the industry. Wanchain has employees globally with offices in Beijing (China), Austin (USA), and London (UK).
You can find more information about Wanchain on our website. Additionally, you can reach us through Telegram, Discord, Medium, Twitter, and Reddit. You can also sign up for our monthly email newsletter here.
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submitted by maciej_wan to wanchain [link] [comments]

A novice investor’s Guide to Cryptocurrencies

A novice investor’s Guide to Cryptocurrencies
When people first find out about the phenomenal rise of bitcoin prices and all the overnight bitcoin millionaires, many are excited to start trading cryptocurrencies. However with all the get rich quick schemes on youtube, there are many scams out there. The most infamous was Bitconnect lending platform of $2.6 Billion USD where lenders get high returns daily. Users were promised 40% monthly returns compounded for a year = 480% returns! Many novice investors who didn’t do enough due diligence was caught in this biggest crypto scam and lost their hard earned capital.


https://preview.redd.it/y5yi6czypmp21.png?width=760&format=png&auto=webp&s=d68bfce5bf02c01740d4635766ee59758bdd53e9
Today is April Fool’s Day, but we are not going to fool you! Mars think that as a novice investotrader getting into the crypto space, you will need the right tools and knowledge to build a strong foundation about the blockchain and its ecosystem. Let out appointed Martian give you an introduction guide to crypto currencies. We hope this guide will be helpful to you and our Little Martian wishes everyone a good holiday!
As the saying goes: Everything is pre-established, not pre-emptive, as the cryptocurrency circle is small, if you want to become “old leeks” or even a legend in the future, you need to be prepared in advance, plan, and be prepared for it. Only the harder you work, the luckier you will be.
Let’s talk about the necessary guides, APP and tools to help you enter the cryptocurrency circle.
First, Theoretical Study

https://preview.redd.it/nxcuseo1qmp21.jpg?width=300&format=pjpg&auto=webp&s=2f702bf73e5d955e29c3e950c56d77f42bc95810
Blockchains and digital currencies have only emerged in recent years. For beginners, most of them only know these two names or have simple concepts, such as equating a blockchain with a digital currency. As far as digital currency is concerned, it is thought that only bitcoin is used. Therefore, theoretical study is very necessary for newbie who wants to enter the blockchain industry and join the cryptocurrency circle.
  1. Book
For beginners, it is very important to understand the basic. Here are few books recommend to you:
《Blockchain Revolution》,《The Bitcoin Standard》,《The Age of Cryptocurrency》,《Bitcoin & Cryptocurrency Technologies》
  1. Currency information, market and navigation
Here are a few recommend blockchain and digital currency information:
0123456789.com, ChainNode chain node (formerly 8BTC Forum), Mytoken, feixiaohao, jinse Finance,
BC Mainland, Mars Media
3 Chat Tools: Telegram and WeChat group
  1. DAPP recommendation:
The DAPPX application market contains various types of DAPP applications, such as digital wallets, blockchain games, community tools, and more.
Second, Practical Operation

https://preview.redd.it/zjq8jqf3qmp21.jpg?width=300&format=pjpg&auto=webp&s=c0a75f4951c9489c3990afc3f4111eaed095cd27
The learning of blockchain and digital currency theory knowledge ultimately requires practical operations. If you have decided to invest in a digital currency, the next step is to choose a trusted platform for trading or storage. Currently, the market offers investors two options: digital currency exchanges or digital wallets.
Exchange: The three major exchanges are the Binance, Huobi and the OKEX. Go to their official website and follow their registration guiding process, and you can start making digital currency transaction.
Wallet: If you choose to use digital wallet for trading, you need to choose wisely because there are so many kinds of digital wallets on the market, with different features and functions. For beginners, choosing the one that is safe, reliable, and easy to operate is the most practical.

https://preview.redd.it/lw5hwq75qmp21.png?width=360&format=png&auto=webp&s=9de08dbd88183582b26d3c04055ab0144c15c3f5
Hence, we recommend a safe and professional digital asset wallet — Mars wallet.
Mars Wallet is an important node in the ecosystem under the Mars Blockchain Group, which uses google 2FA, a two-factor authentication process that provides four-fold security verification to ensure that users can be recovered in the event of hacking or fraud.
In addition, Mars wallet withdrawals are limited to every 24 hours, in order to avoid huge losses for users in the event of hacking. For beginners, it can be said that there are basically no worries about security.
The above is a comprehensive introduction by Little Martian! Doing your own research and making an informed decision is key to investing in the crypto space. One of the famous term in the space is “FOMO” which is fear of missing out! Do not be driven by greed, but rather by strong fundamental analysis. Even if the market is volatile, you will be holding a strong position as you believe in the project and the team behind it.

https://preview.redd.it/vxu8tpg6qmp21.png?width=800&format=png&auto=webp&s=bcc27efc166208cdb0e4fc4acf7889d879ae7e12
It is April Fool’s Day but we are not going to fool you! We are serious in giving prizes to our fans. If you are fooled today, please pay attention to our Facebook.
Here is what you need to do to qualify for our Super Reward lucky draw:
  1. Scan & Like our Facebook page
(https://www.facebook.com/Mars-Wallet-265410904409489/?modal=admin_todo_tour)
  1. The Participant has to comment below this post after entering this giveaway with a hashtag — #marsgiveaway
The winner will be randomly selected with the most heart-felt responses and send out another 10 consolation prizes, as well as a super prize.
Activity time: from April 1st until April 7th
Activity rules: pay attention to Mars Wallet Facebook
Prizes: Super Award (1): Macbook Pro 15 inch with touch bar
Consolation Prize (10): 2 USDT / per person
For more information on Mars Wallet, keep up with its following social media:
Telegram: https://t.me/marswallet
Reddit: https://www.reddit.com/use1-SG/
Twitter: https://twitter.com/1SG_2018
Instagram: https://www.instagram.com/marswallet_sg/
submitted by 1-SG to u/1-SG [link] [comments]

A novice investor’s Guide to Cryptocurrencies

A novice investor’s Guide to Cryptocurrencies
When people first find out about the phenomenal rise of bitcoin prices and all the overnight bitcoin millionaires, many are excited to start trading cryptocurrencies. However with all the get rich quick schemes on youtube, there are many scams out there. The most infamous was Bitconnect lending platform of $2.6 Billion USD where lenders get high returns daily. Users were promised 40% monthly returns compounded for a year = 480% returns! Many novice investors who didn’t do enough due diligence was caught in this biggest crypto scam and lost their hard earned capital.

https://preview.redd.it/qkt2xylfqmp21.png?width=760&format=png&auto=webp&s=4927b5581c4e30ba46f4c7c5a735c1799a558979
Today is April Fool’s Day, but we are not going to fool you! Mars think that as a novice investotrader getting into the crypto space, you will need the right tools and knowledge to build a strong foundation about the blockchain and its ecosystem. Let out appointed Martian give you an introduction guide to crypto currencies. We hope this guide will be helpful to you and our Little Martian wishes everyone a good holiday!
As the saying goes: Everything is pre-established, not pre-emptive, as the cryptocurrency circle is small, if you want to become “old leeks” or even a legend in the future, you need to be prepared in advance, plan, and be prepared for it. Only the harder you work, the luckier you will be.
Let’s talk about the necessary guides, APP and tools to help you enter the cryptocurrency circle.
First, Theoretical Study

https://preview.redd.it/a5rhkrsgqmp21.jpg?width=300&format=pjpg&auto=webp&s=921b802b7bae6f24a8e98e98b034f79fea6ea266
Blockchains and digital currencies have only emerged in recent years. For beginners, most of them only know these two names or have simple concepts, such as equating a blockchain with a digital currency. As far as digital currency is concerned, it is thought that only bitcoin is used. Therefore, theoretical study is very necessary for newbie who wants to enter the blockchain industry and join the cryptocurrency circle.
  1. Book
For beginners, it is very important to understand the basic. Here are few books recommend to you:
《Blockchain Revolution》,《The Bitcoin Standard》,《The Age of Cryptocurrency》,《Bitcoin & Cryptocurrency Technologies》
  1. Currency information, market and navigation
Here are a few recommend blockchain and digital currency information:
0123456789.com, ChainNode chain node (formerly 8BTC Forum), Mytoken, feixiaohao, jinse Finance,
BC Mainland, Mars Media
3 Chat Tools: Telegram and WeChat group
  1. DAPP recommendation:
The DAPPX application market contains various types of DAPP applications, such as digital wallets, blockchain games, community tools, and more.
Second, Practical Operation

https://preview.redd.it/ncplb18iqmp21.jpg?width=300&format=pjpg&auto=webp&s=3a8b3828279b2ae838b25a6697fe201fed25e9c2
The learning of blockchain and digital currency theory knowledge ultimately requires practical operations. If you have decided to invest in a digital currency, the next step is to choose a trusted platform for trading or storage. Currently, the market offers investors two options: digital currency exchanges or digital wallets.
Exchange: The three major exchanges are the Binance, Huobi and the OKEX. Go to their official website and follow their registration guiding process, and you can start making digital currency transaction.
Wallet: If you choose to use digital wallet for trading, you need to choose wisely because there are so many kinds of digital wallets on the market, with different features and functions. For beginners, choosing the one that is safe, reliable, and easy to operate is the most practical.
https://preview.redd.it/gxfazaziqmp21.png?width=360&format=png&auto=webp&s=64afc4fee1386c1789372834a89f182a0ea96dea
Hence, we recommend a safe and professional digital asset wallet — Mars wallet.
Mars Wallet is an important node in the ecosystem under the Mars Blockchain Group, which uses google 2FA, a two-factor authentication process that provides four-fold security verification to ensure that users can be recovered in the event of hacking or fraud.
In addition, Mars wallet withdrawals are limited to every 24 hours, in order to avoid huge losses for users in the event of hacking. For beginners, it can be said that there are basically no worries about security.
The above is a comprehensive introduction by Little Martian! Doing your own research and making an informed decision is key to investing in the crypto space. One of the famous term in the space is “FOMO” which is fear of missing out! Do not be driven by greed, but rather by strong fundamental analysis. Even if the market is volatile, you will be holding a strong position as you believe in the project and the team behind it.
https://preview.redd.it/h9chk6yjqmp21.png?width=800&format=png&auto=webp&s=f39b305b1c32694bba6bf310a635c5bf5f5d642f
It is April Fool’s Day but we are not going to fool you! We are serious in giving prizes to our fans. If you are fooled today, please pay attention to our Facebook.
Here is what you need to do to qualify for our Super Reward lucky draw:
  1. Scan & Like our Facebook page
(https://www.facebook.com/Mars-Wallet-265410904409489/?modal=admin_todo_tour)
  1. The Participant has to comment below this post after entering this giveaway with a hashtag — #marsgiveaway
The winner will be randomly selected with the most heart-felt responses and send out another 10 consolation prizes, as well as a super prize.
Activity time: from April 1st until April 7th
Activity rules: pay attention to Mars Wallet Facebook
Prizes: Super Award (1): Macbook Pro 15 inch with touch bar
Consolation Prize (10): 2 USDT / per person
For more information on Mars Wallet, keep up with its following social media:
Telegram: https://t.me/marswallet
Reddit: https://www.reddit.com/use1-SG/
Twitter: https://twitter.com/1SG_2018
Instagram: https://www.instagram.com/marswallet_sg/
submitted by 1SGD to u/1SGD [link] [comments]

Binance VISA Worldwide Card; TOP Crypto Cities in the US; Bitcoin Miners Selling BEST CRYPTO EXCHANGES 2019? Programmer explains. Binance Bitcoin Futures, Digital Asset Revolution, Digitzed Real Estate & Anxious Facebook Easily Make $100 Day Trading Cryptocurrency On Binance ... Trading Binance margin Live episode 1 Top 5 Crypto Buys for Altcoin Season Binance Exchange: How to Buy Cryptocurrency for Beginners ... Binance Controversy, CFTC/Bakkt Update, Bitcoin XRP Ethereum Futures & Fake Bitcoin Volume NeoDevcon Interviews, Bitcoin Price Movements, and Binance Delistings Binance Бинанс биржа

Digital money that’s instant, private, and free from bank fees. Download our official wallet app and start using Bitcoin today. Read news, start mining, and buy BTC or BCH. So, you’ve made your millions, and now you want to know how to cash out Bitcoin?Well, this guide will tell you everything you need to know! This guide will include methods of how to turn Bitcoin into cash such as bank transfer, PayPal and even through cash deposit!I will show you how to withdraw Bitcoins to cash using a broker (namely, Coinbase) and through a peer-to-peer exchange. Click HERE to find out ⭐ Coinbits: Teenaged Bitcoin Millionaire Who Declared Bitcoin "Dead" Building Platform to Make Crypto Trading "Tangible and Tactile". Crowdfund Insider: Global Fintech ... When BitcoinBCH.com excludes $1,000 Bitcoin tx because of high value but includes $15,000 BCH tx because they are made by "professionals", you should be sceptical. When BitcoinBCH.com excludes game developers, travel businesses or craftsmen accepting Bitcoin because they don't have a physical store but include a lawyer practice accepting BCH, you should be sceptical. After bitcoin and crypto markets saw some $100 billion worth of value erased in just a week, bitcoin bull and hedge fund multi-millionaire Mike Novogratz has warned confidence has "evaporated ... Such quickness of cryptocurrencies is making trading more fun game for traders who love immediate profits. Read Also: How to Buy Bitcoin Cryptocurrency. While as like any traditional trading markets, crypto is not a place to become rich instantly. It is not like that you will invest one day and become a millionaire on the other day. ReddIt. Bitcoin, no doubt, is the most popular and widely used cryptocurrency in the world today. With many referring to it as the ‘King Crypto’. Since inception, it has faced a lot of criticism and caused a lot of fuss among government agencies and financial institutions worldwide. Irrespective of this, the crypto has appreciated relentlessly leaving in its wake, several millionaires ... When BitcoinBCH.com excludes $1,000 Bitcoin tx because of high value but includes $15,000 BCH tx because they are made by "professionals", you should be sceptical. When BitcoinBCH.com excludes game developers, travel businesses or craftsmen accepting Bitcoin because they don't have a physical store but include a lawyer practice accepting BCH, you should be sceptical. While not a lot of places accept Bitcoin directly, it’s clear to see that the adoption of Bitcoin as a payment method is increasing with each year. So while we still have a long way to go until companies will accept Bitcoin directly and not through payment processors or Bitcoin debit cards, you can find big brands like Microsoft, AT&T, and Overstock that have already taken a step in the ... The answer is quite simple i.e. almost everyone. Yes, there are some lucky people who have created their fortune by investing in Crypto and rewarded themselves with a unique badge (Bitcoin millionaire). This article will feature the 10 top Bitcoin millionaire list and will explore the ways to become a new crypto millionaire.

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Binance VISA Worldwide Card; TOP Crypto Cities in the US; Bitcoin Miners Selling

$10,000 Ripple XRP End Game - Duration: 15 ... Binance In China, Bitcoin Fund Green Light, Happy-Ish Birthday Bitcoin & SBI + XRP Support - Duration: 26:31. The Modern Investor 15,180 views. 26:31 ... Top Altcoins to Start off ALTSEASON with a BANG! (Ripple/XRP, Tron/TRX, Cardano/ADA, VeChain/VET, ICON/ICX). Lately, it's been all about Bitcoin and for anyone riding the BTC price wave, it’s ... Binance VISA Worldwide Card; TOP Crypto Cities in the US; Bitcoin Miners Selling The Cryptoviser. Loading... Unsubscribe from The Cryptoviser? Cancel Unsubscribe. Working... Subscribe Subscribed ... In this video we will be daytrading the margin pairs on binance. Hit the like and smash the notification bell for the youtube algorithm. Bitcoin trading and ... 🔲 My Top 3 Recommended Exchanges 🔵 Phemex http://bit.ly/JackPhemex - $120 FREE Bonus 🟠 Bybit http://bit.ly/JackBybit - FREE $390 Code: CRYPTOJACK300 ... Биржа Binance. Бинанс биржа. Регистрация на бирже, ввод и вывод средств, верификация, обзор биржи. Ссылка на ... The ONLY Strategy to Become a Bitcoin Millionaire in 2020 - Duration: 24:21. ... Coinbase, Binance, & Bittrex - Which Crypto Exchange To Use in 2019 - Duration: 41:22. The Cryptoviser 13,365 views ... My top choice is Binance. ... BITCOIN DIAMOND PATTERN FORMING!!! Good Or Bad For The Bitcoin Price? - Duration: 16:10. The Moon 24,140 views. New; 16:10. $1.5 Trillion Dollar IPO Saudi's ... Binance Bitcoin Futures, Digital Asset Revolution, Digitzed Real Estate & Anxious Facebook The Modern Investor. Loading... Unsubscribe from The Modern Investor? Cancel Unsubscribe. Working ... This is a guide on how to buy cryptocurrency for beginners using Binance safely and securely, step-by-step. Binance Signup Link: https://www.binance.com/?ref...

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