Bitcoin Mining Pool Bitcoin.com

Why i’m bullish on Zilliqa (long read)

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

Bitcoin™ Customer Care Phone+1̲(800)826-3685 Number Bitcoin Customer Service Number Bitcoin Customer Care Number

Bitcoin Customer Support Number+1̲(800)8263685 Bitcoin™ Tech Support Phone Number ♞ Bitcoin technical support usa
Bitcoin™ Customer Service +1̲(800)826-3685 Phone Number Bitcoin™ spport usa Bitcoin Customer Service Number Bitcoin Customer Care Number
Bitcoin™ Customer Care Phone+1̲(800)826-3685 Number Bitcoin Customer Service Number Bitcoin Customer Care Number
CONTACT ​ @ Bitcoin ​(+1}={800~*826*~3685*})) Customer Support Phone Number Bitcoin ​Customer Care Number opeux
Bitcoin Billing (+++1(800~826~3685) Customer Support Phone Number Bitcoin Billing Technical Support Phone Number ghRTU
Bitcoin Billing Technical = 1~800.826.3685 Support Phone Number... Contact Bitcoin Customer Service Number Bitcoin Customer Care Number
Contact Support u/1800-826×3685 Bitcoin Customer Service phone number Technical Billing ​Toll Free Help Desk
Tags: - Bitcoin customer service Number support, Bitcoin customer care support number, Bitcoin technical support usa, Bitcoin spport usa
one of the most prevailing southwestern bell telephone company which is subsidiary of Bitcoin headquartered in Texas, united states.. Bitcoin is one of the most demanded Billing service all over the world and this service confines millions of people along with it. due to this reason there are large number of users who are getting different trouble every day. for communication any person calling is supposed to be one of the best source and thus you need to dial Bitcoin customer service phone number if facing any complexities. in the present era we are seeing the increasing demand of apple product in the international market and thus the company has represented many apps of Billing service supported by iphone and ipad etc. Following issues are there for which we are highly capable to provide best solution:

you can learn the process of setting up a new Billingaccount as well as any Billing client like outl00k, thunderbird and apple Billing etc.

user can learn the up-gradation to the new BitcoinBitcoin homepage.

modification of Billing server settings.

easy steps for mostly demanded help like password recovery.

customer can setup of wireless network and many more.

issues related to sending and receiving Billings and messages.

points for which you ch00se the Billing customer service number:

highly qualified, dedicated, certified and experienced professionals.

24 by 7 round the clock remote support.

secured remote access along with guarantee of the security of data.

users interact with team of dedicated professionals

quick availability of services and instant solutions.

result oriented services and reliable services.

Bitcoin customer support over the phone:

all we know that product and services of a telecom company essentially carry technical connections and strings in case of any faulty issues you can directly get touch by dialling Bitcoin technical support phone number any time round the clock. at the relevant Billing customer support of Bitcoin customer get utmost satisfaction with no grievances. if your acceleration resist while Billinging and messaging then quickly call on Bitcoin tech support. by seeing the increasing demand the company has been represented free calling via toll free number. this number is quite advantageous because people can interact with relevant techies without any charge.the smtp settings for Bitcoin are:

ch00se the option “settings” which is located in the subcategories of “apps”.

inside “settings” would be located an option named “accounts”. all the accounts management is done by utilising this option.

in this select the option “add account”.

next select ‘Billing’.

under Billing, ch00se ‘other providers’.

next you will have to enter your Bitcoinusername or Billing id and password.

after entering your login details, select the option to manually setup your BitcoinBilling

in the manual settings, set the server type as pop3.

type in your username and password

next, in the pop3 server field, type – pop.Bitcoin.Bitcoin.com

the port will have the value set to 995.

next we would have to configure the smtp settings.-

in the smtp server field, type in – smtp.Bitcoin.Bitcoin.com

the port will have the value set to 465.

enter your username and password again.

finally click ok to finish configuring the manual setup.

your Billing account should be up and running. however if your Billing account still not working, you would have to contact the Bitcoin customer service. their customer representative will work with you on finding a quick solution to your problem. the Bitcoin technical support is extremely supportive and helpful in resolving your problems within the shortest time frame so that you do not face inconvenience due to it.how to remove password rBitcoin issue while using Bitcoin account

number of companies are there who offers different Billing services to the users.it is the responsibility of the user to select reliable Billing service. Bitcoin is known to provide a trouble free service so, that the user can get the best from it.

it doesn’t mBitcoiners whether the Billing service is performing t00 slow or getting trouble while adding a signature,it would be easy for you to connect with customer care team by the help of Bitcoin support page or community, forums.there are even social media help pages to give you prompt and reliable solution.the skilled and highly qualified team is there which can be reached 24/7.account holders can obtain instant solutions for resolving the complicated Billing problems. there is toll free number which can be dialled anytime.lists of issues has been solved by group of technical engineers.here,you can find help to one:-how to do Bitcoin password rBitcoin?

individual should visit the Bitcoin“forgot password” page.

there is need to ch00se “password.”

user should enter the full BitcoinBilling address with the last name.

click the option of “continue” and by using the drop-down menu,ch00se the option of “ i’ll answer my security questions.”

however, there is need to answer all security questions which has been set by you for your account.

tap the option to “continue” and should follow the prompts to get a new password for BitcoinBilling.

check if the problem has been resolved or not.

the solution has been discussed here in steps but if anyone wants additional assistance for it,there is need to connect with Bitcoin customer service team instantly.to find help from customer care team, there is need to use helpline number. Technical engineer will first understand your requirement and then, guide you with easy resolution which can solve the problem completely.if you contacted live experts for help,they will charge you with certain amount of fee.beside taking assistance from live experts,you can use some other options like live chat and Billing service.resolve multiple Bitcoin related issues instantly with an effective Bitcoin customer support







Bitcoin is one of the supreme Billing service providers which is highly known for its error-free Billinging features. users can very easily access Bitcoin account on multiple devices and other Billing services as well to send and receive Billings. But sometimes many situations come when users confront technical issues when using the Bitcoin account and then they l00k for effective customer support to resolve those technical issues. Some most common Bitcoin issues

password recovery issues.

unable to send and receive Billings.

configuration errors.

spam and junk Billing

unable to sign in.

imap/pop related issues

account hacking problems.

How to contact Bitcoin customer support?

If you are l00king for a perfect and reliable source to resolve your Bitcoin related queries from the above-described list or any other, then you can directly get in touch with the Bitcoin customer service team where all your Bitcoin related problems will fix by the highly skilled customer service team in a very easy and simple manner. They will give the best in class solutions to fix each problem that you confront during or after using your Bitcoin account. you can avail this support from any place of the world which is available 24/7 for the users. Why is it important to reach customer service team of

it is mandatory for everybody to connect with technical team because they are skilled and know the method to solve technical issues.it will take very short duration to resolve each specific problem if you connect with group of engineers. You need to describe your issue to the tech engineer; they will analyses the whole thing and suggest you with better resolution. If the issue would be complex, technical engineers will take the remote access of the computer system. Reasons to connect with experts:-

toll free number can be used at any time for getting assistance

remote desktop assistance will be applied for resolving the complex issue.

user can adopt online and offline chat option to find help

certified group of engineers to suggest with best solutions password errors an
Bitcoin tech support phone number: Bitcoin webBilling service is a mixed media and huge American internet service company. Actually, Bitcoin is one of the biggestservice suppliers on the planet. Bitcoin is a pioneer in the field of theservice supplier. And it gives help to the clients through Bitcoin customer support phone number that associates the clients to the specialists accessible at Bitcoin help number. The pros present there will assist you with Bitcoin Customer service at whatever point you call on the Bitcoin assist phone with numbering and request help. You can discover these phone numbers for Bitcoin.com on the official website. In the event that you are an inhabitant of US, at that point you have an uncommon bit of leeway to contact Bitcoin customer service phone number US. You can either contact Bitcoin by phone by dialing Bitcoinsupport number you can likewise take help through Bitcoin chat support service. With the assistance of this Bitcoin live assistance, you’ll trade messages with an online specialist. You can likewise help Bitcoin.com by giving your significant criticism so as to appreciate better services.Bitcoin Billing help On the off chance that because of any explanation, you aren’t associating with the Bitcoinsupport number, at that point other than Bitcoinempting the Bitcoinsupport number you can Bitcoinempt the referenced toll free number. This toll free number later gets you in contact with the autonomous outsider Bitcoin arrangement service. We have a modest solicitation to you that please mercifully read the approaches and terms applied to call on the outsider Bitcoin arrangement service through our toll free number. Bitcoin Help>> How to download and install Bitcoin on Desktop? To introduce Bitcoin on the desktop, you can follow the technique given descending or search on the web. You can likewise call on the Bitcoin help phone number for help. We recommend you, right off the bat, you should Bitcoinempt yourself to introduce Bitcoin on the desktop as opposed to calling Bitcoin telephone number. Follow the means given underneath before you intend to call on Bitcoin technical support phone number: Installing Bitcoin on Windows: Bitcoin can undoubtedly be installed on windows by following the installation procedure examined underneath or by calling the Bitcoin telephone number. There may be a chance of getting a few mistakes while doing this procedure given underneath. All things considered, you should take the help of Bitcoin technical support phone number. In spite of the fact that, we encourage you to experience the means first before you intend to call Bitcoin customer service telephone number. To bring the Bitcoin download page, typeBitcoin.com/software/90vr on the URL page and go to it. Tap on ‘download now’ option given at the bottom of the page. Make the page to download completely. A download window will appear. Tap on the ‘run’ option given on that window. If the user account window appears, then tap on ‘run’ once again. It will ask you to close all running applications. Close it by tapping on the ‘close’ option. After closing all programs, tap on ‘ok.’ Bitcoin agreement and its privacy policy will be shown to you. Tap on ‘I agree’ button. Make an account, if you don’t have, by tapping on ‘new member’ or else tap on ‘current account’ if you are already using an old account. Bitcoin is now be installed. In case of any issue, you can take help through the Bitcoin Billing login help service. BitcoinCustomer Service : These are the means to introduce Bitcoin on your windows OS. In spite of the fact that the technique is simple and you can do it without the help of Bitcoin help number yet on the off chance that you are as yet confronting issues in introducing Bitcoin Desktop on windows, at that point you may contact Bitcoin support
Bitcoin Tech Support [email protected]~4O9==3685 Bitcoin technical Tollfree number

Bitcoin™ tech (+1800)***826***3685 Support Phone Number ♞Bitcoin Support-♜Mj

Bitcoin™ Billing (+1800)*826*3685 Customer Service Phone Number Bitcoin Customer Support

Bitcoin™ Billing Customer care (+1800)*826*3685 Phone Number ♞Bitcoin Helpline Number

Tags: - Bitcoin support, Bitcoin support number, Bitcoin technical support usa, Bitcoin spport usa



one of the most prevailing southwestern bell telephone company which is subsidiary of Bitcoin headquartered in Texas, united states.. Bitcoin is one of the most demanded Billing service all over the world and this service confines millions of people along with it. due to this reason there are large number of users who are getting different trouble every day. for communication any person calling is supposed to be one of the best source and thus you need to dial Bitcoin customer service phone number if facing any complexities. in the present era we are seeing the increasing demand of apple product in the international market and thus the company has represented many apps of Billing service supported by iphone and ipad etc. Following issues are there for which we are highly capable to provide best solution:

you can learn the process of setting up a new Billingaccount as well as any Billing client like outl00k, thunderbird and apple Billing etc.

user can learn the up-gradation to the new BitcoinBitcoin homepage.

modification of Billing server settings.

easy steps for mostly demanded help like password recovery.

customer can setup of wireless network and many more.

issues related to sending and receiving Billings and messages.

points for which you ch00se the Billing customer service number:

highly qualified, dedicated, certified and experienced professionals.

24 by 7 round the clock remote support.

secured remote access along with guarantee of the security of data.

users interact with team of dedicated professionals

quick availability of services and instant solutions.

result oriented services and reliable services.

Bitcoin customer support over the phone:

all we know that product and services of a telecom company essentially carry technical connections and strings in case of any faulty issues you can directly get touch by dialling Bitcoin technical support phone number any time round the clock. at the relevant Billing customer support of Bitcoin customer get utmost satisfaction with no grievances. if your acceleration resist while Billinging and messaging then quickly call on Bitcoin tech support. by seeing the increasing demand the company has been represented free calling via toll free number. this number is quite advantageous because people can interact with relevant techies without any charge.the smtp settings for Bitcoin are:

ch00se the option “settings” which is located in the subcategories of “apps”.

inside “settings” would be located an option named “accounts”. all the accounts management is done by utilising this option.

in this select the option “add account”.

next select ‘Billing’.

under Billing, ch00se ‘other providers’.

next you will have to enter your Bitcoinusername or Billing id and password.

after entering your login details, select the option to manually setup your BitcoinBilling

in the manual settings, set the server type as pop3.

type in your username and password

next, in the pop3 server field, type – pop.Bitcoin.Bitcoin.com

the port will have the value set to 995.

next we would have to configure the smtp settings.-

in the smtp server field, type in – smtp.Bitcoin.Bitcoin.com

the port will have the value set to 465.

enter your username and password again.

finally click ok to finish configuring the manual setup.

your Billing account should be up and running. however if your Billing account still not working, you would have to contact the Bitcoin customer service. their customer representative will work with you on finding a quick solution to your problem. the Bitcoin technical support is extremely supportive and helpful in resolving your problems within the shortest time frame so that you do not face inconvenience due to it.how to remove password rBitcoin issue while using Bitcoin account

number of companies are there who offers different Billing services to the users.it is the responsibility of the user to select reliable Billing service. Bitcoin is known to provide a trouble free service so, that the user can get the best from it.

it doesn’t mBitcoiners whether the Billing service is performing t00 slow or getting trouble while adding a signature,it would be easy for you to connect with customer care team by the help of Bitcoin support page or community, forums.there are even social media help pages to give you prompt and reliable solution.the skilled and highly qualified team is there which can be reached 24/7.account holders can obtain instant solutions for resolving the complicated Billing problems. there is toll free number which can be dialled anytime.lists of issues has been solved by group of technical engineers.here,you can find help to one:-how to do Bitcoin password rBitcoin?

individual should visit the Bitcoin“forgot password” page.

there is need to ch00se “password.”

user should enter the full BitcoinBilling address with the last name.

click the option of “continue” and by using the drop-down menu,ch00se the option of “ i’ll answer my security questions.”

however, there is need to answer all security questions which has been set by you for your account.

tap the option to “continue” and should follow the prompts to get a new password for BitcoinBilling.

check if the problem has been resolved or not.
submitted by justmysupport to u/justmysupport [link] [comments]

Bitcoin™ Customer Service +1̲(800)826-3685 Phone Number Bitcoin™ spport usa Bitcoin Customer Service Number Bitcoin Customer Care Number

Bitcoin Customer Support Number+1̲(800)8263685 Bitcoin™ Tech Support Phone Number ♞ Bitcoin technical support usa
Bitcoin™ Customer Service +1̲(800)826-3685 Phone Number Bitcoin™ spport usa Bitcoin Customer Service Number Bitcoin Customer Care Number
Bitcoin™ Customer Care Phone+1̲(800)826-3685 Number Bitcoin Customer Service Number Bitcoin Customer Care Number
CONTACT ​ @ Bitcoin ​(+1}={800~*826*~3685*})) Customer Support Phone Number Bitcoin ​Customer Care Number opeux
Bitcoin Billing (+++1(800~826~3685) Customer Support Phone Number Bitcoin Billing Technical Support Phone Number ghRTU
Bitcoin Billing Technical = 1~800.826.3685 Support Phone Number... Contact Bitcoin Customer Service Number Bitcoin Customer Care Number
Contact Support u/1800-826×3685 Bitcoin Customer Service phone number Technical Billing ​Toll Free Help Desk
Tags: - Bitcoin customer service Number support, Bitcoin customer care support number, Bitcoin technical support usa, Bitcoin spport usa
one of the most prevailing southwestern bell telephone company which is subsidiary of Bitcoin headquartered in Texas, united states.. Bitcoin is one of the most demanded Billing service all over the world and this service confines millions of people along with it. due to this reason there are large number of users who are getting different trouble every day. for communication any person calling is supposed to be one of the best source and thus you need to dial Bitcoin customer service phone number if facing any complexities. in the present era we are seeing the increasing demand of apple product in the international market and thus the company has represented many apps of Billing service supported by iphone and ipad etc. Following issues are there for which we are highly capable to provide best solution:

you can learn the process of setting up a new Billingaccount as well as any Billing client like outl00k, thunderbird and apple Billing etc.

user can learn the up-gradation to the new BitcoinBitcoin homepage.

modification of Billing server settings.

easy steps for mostly demanded help like password recovery.

customer can setup of wireless network and many more.

issues related to sending and receiving Billings and messages.

points for which you ch00se the Billing customer service number:

highly qualified, dedicated, certified and experienced professionals.

24 by 7 round the clock remote support.

secured remote access along with guarantee of the security of data.

users interact with team of dedicated professionals

quick availability of services and instant solutions.

result oriented services and reliable services.

Bitcoin customer support over the phone:

all we know that product and services of a telecom company essentially carry technical connections and strings in case of any faulty issues you can directly get touch by dialling Bitcoin technical support phone number any time round the clock. at the relevant Billing customer support of Bitcoin customer get utmost satisfaction with no grievances. if your acceleration resist while Billinging and messaging then quickly call on Bitcoin tech support. by seeing the increasing demand the company has been represented free calling via toll free number. this number is quite advantageous because people can interact with relevant techies without any charge.the smtp settings for Bitcoin are:

ch00se the option “settings” which is located in the subcategories of “apps”.

inside “settings” would be located an option named “accounts”. all the accounts management is done by utilising this option.

in this select the option “add account”.

next select ‘Billing’.

under Billing, ch00se ‘other providers’.

next you will have to enter your Bitcoinusername or Billing id and password.

after entering your login details, select the option to manually setup your BitcoinBilling

in the manual settings, set the server type as pop3.

type in your username and password

next, in the pop3 server field, type – pop.Bitcoin.Bitcoin.com

the port will have the value set to 995.

next we would have to configure the smtp settings.-

in the smtp server field, type in – smtp.Bitcoin.Bitcoin.com

the port will have the value set to 465.

enter your username and password again.

finally click ok to finish configuring the manual setup.

your Billing account should be up and running. however if your Billing account still not working, you would have to contact the Bitcoin customer service. their customer representative will work with you on finding a quick solution to your problem. the Bitcoin technical support is extremely supportive and helpful in resolving your problems within the shortest time frame so that you do not face inconvenience due to it.how to remove password rBitcoin issue while using Bitcoin account

number of companies are there who offers different Billing services to the users.it is the responsibility of the user to select reliable Billing service. Bitcoin is known to provide a trouble free service so, that the user can get the best from it.

it doesn’t mBitcoiners whether the Billing service is performing t00 slow or getting trouble while adding a signature,it would be easy for you to connect with customer care team by the help of Bitcoin support page or community, forums.there are even social media help pages to give you prompt and reliable solution.the skilled and highly qualified team is there which can be reached 24/7.account holders can obtain instant solutions for resolving the complicated Billing problems. there is toll free number which can be dialled anytime.lists of issues has been solved by group of technical engineers.here,you can find help to one:-how to do Bitcoin password rBitcoin?

individual should visit the Bitcoin“forgot password” page.

there is need to ch00se “password.”

user should enter the full BitcoinBilling address with the last name.

click the option of “continue” and by using the drop-down menu,ch00se the option of “ i’ll answer my security questions.”

however, there is need to answer all security questions which has been set by you for your account.

tap the option to “continue” and should follow the prompts to get a new password for BitcoinBilling.

check if the problem has been resolved or not.

the solution has been discussed here in steps but if anyone wants additional assistance for it,there is need to connect with Bitcoin customer service team instantly.to find help from customer care team, there is need to use helpline number. Technical engineer will first understand your requirement and then, guide you with easy resolution which can solve the problem completely.if you contacted live experts for help,they will charge you with certain amount of fee.beside taking assistance from live experts,you can use some other options like live chat and Billing service.resolve multiple Bitcoin related issues instantly with an effective Bitcoin customer support







Bitcoin is one of the supreme Billing service providers which is highly known for its error-free Billinging features. users can very easily access Bitcoin account on multiple devices and other Billing services as well to send and receive Billings. But sometimes many situations come when users confront technical issues when using the Bitcoin account and then they l00k for effective customer support to resolve those technical issues. Some most common Bitcoin issues

password recovery issues.

unable to send and receive Billings.

configuration errors.

spam and junk Billing

unable to sign in.

imap/pop related issues

account hacking problems.

How to contact Bitcoin customer support?

If you are l00king for a perfect and reliable source to resolve your Bitcoin related queries from the above-described list or any other, then you can directly get in touch with the Bitcoin customer service team where all your Bitcoin related problems will fix by the highly skilled customer service team in a very easy and simple manner. They will give the best in class solutions to fix each problem that you confront during or after using your Bitcoin account. you can avail this support from any place of the world which is available 24/7 for the users. Why is it important to reach customer service team of

it is mandatory for everybody to connect with technical team because they are skilled and know the method to solve technical issues.it will take very short duration to resolve each specific problem if you connect with group of engineers. You need to describe your issue to the tech engineer; they will analyses the whole thing and suggest you with better resolution. If the issue would be complex, technical engineers will take the remote access of the computer system. Reasons to connect with experts:-

toll free number can be used at any time for getting assistance

remote desktop assistance will be applied for resolving the complex issue.

user can adopt online and offline chat option to find help

certified group of engineers to suggest with best solutions password errors an
Bitcoin tech support phone number: Bitcoin webBilling service is a mixed media and huge American internet service company. Actually, Bitcoin is one of the biggestservice suppliers on the planet. Bitcoin is a pioneer in the field of theservice supplier. And it gives help to the clients through Bitcoin customer support phone number that associates the clients to the specialists accessible at Bitcoin help number. The pros present there will assist you with Bitcoin Customer service at whatever point you call on the Bitcoin assist phone with numbering and request help. You can discover these phone numbers for Bitcoin.com on the official website. In the event that you are an inhabitant of US, at that point you have an uncommon bit of leeway to contact Bitcoin customer service phone number US. You can either contact Bitcoin by phone by dialing Bitcoinsupport number you can likewise take help through Bitcoin chat support service. With the assistance of this Bitcoin live assistance, you’ll trade messages with an online specialist. You can likewise help Bitcoin.com by giving your significant criticism so as to appreciate better services.Bitcoin Billing help On the off chance that because of any explanation, you aren’t associating with the Bitcoinsupport number, at that point other than Bitcoinempting the Bitcoinsupport number you can Bitcoinempt the referenced toll free number. This toll free number later gets you in contact with the autonomous outsider Bitcoin arrangement service. We have a modest solicitation to you that please mercifully read the approaches and terms applied to call on the outsider Bitcoin arrangement service through our toll free number. Bitcoin Help>> How to download and install Bitcoin on Desktop? To introduce Bitcoin on the desktop, you can follow the technique given descending or search on the web. You can likewise call on the Bitcoin help phone number for help. We recommend you, right off the bat, you should Bitcoinempt yourself to introduce Bitcoin on the desktop as opposed to calling Bitcoin telephone number. Follow the means given underneath before you intend to call on Bitcoin technical support phone number: Installing Bitcoin on Windows: Bitcoin can undoubtedly be installed on windows by following the installation procedure examined underneath or by calling the Bitcoin telephone number. There may be a chance of getting a few mistakes while doing this procedure given underneath. All things considered, you should take the help of Bitcoin technical support phone number. In spite of the fact that, we encourage you to experience the means first before you intend to call Bitcoin customer service telephone number. To bring the Bitcoin download page, typeBitcoin.com/software/90vr on the URL page and go to it. Tap on ‘download now’ option given at the bottom of the page. Make the page to download completely. A download window will appear. Tap on the ‘run’ option given on that window. If the user account window appears, then tap on ‘run’ once again. It will ask you to close all running applications. Close it by tapping on the ‘close’ option. After closing all programs, tap on ‘ok.’ Bitcoin agreement and its privacy policy will be shown to you. Tap on ‘I agree’ button. Make an account, if you don’t have, by tapping on ‘new member’ or else tap on ‘current account’ if you are already using an old account. Bitcoin is now be installed. In case of any issue, you can take help through the Bitcoin Billing login help service. BitcoinCustomer Service : These are the means to introduce Bitcoin on your windows OS. In spite of the fact that the technique is simple and you can do it without the help of Bitcoin help number yet on the off chance that you are as yet confronting issues in introducing Bitcoin Desktop on windows, at that point you may contact Bitcoin support
Bitcoin Tech Support [email protected]~4O9==3685 Bitcoin technical Tollfree number

Bitcoin™ tech (+1800)***826***3685 Support Phone Number ♞Bitcoin Support-♜Mj

Bitcoin™ Billing (+1800)*826*3685 Customer Service Phone Number Bitcoin Customer Support

Bitcoin™ Billing Customer care (+1800)*826*3685 Phone Number ♞Bitcoin Helpline Number

Tags: - Bitcoin support, Bitcoin support number, Bitcoin technical support usa, Bitcoin spport usa



one of the most prevailing southwestern bell telephone company which is subsidiary of Bitcoin headquartered in Texas, united states.. Bitcoin is one of the most demanded Billing service all over the world and this service confines millions of people along with it. due to this reason there are large number of users who are getting different trouble every day. for communication any person calling is supposed to be one of the best source and thus you need to dial Bitcoin customer service phone number if facing any complexities. in the present era we are seeing the increasing demand of apple product in the international market and thus the company has represented many apps of Billing service supported by iphone and ipad etc. Following issues are there for which we are highly capable to provide best solution:

you can learn the process of setting up a new Billingaccount as well as any Billing client like outl00k, thunderbird and apple Billing etc.

user can learn the up-gradation to the new BitcoinBitcoin homepage.

modification of Billing server settings.

easy steps for mostly demanded help like password recovery.

customer can setup of wireless network and many more.

issues related to sending and receiving Billings and messages.

points for which you ch00se the Billing customer service number:

highly qualified, dedicated, certified and experienced professionals.

24 by 7 round the clock remote support.

secured remote access along with guarantee of the security of data.

users interact with team of dedicated professionals

quick availability of services and instant solutions.

result oriented services and reliable services.

Bitcoin customer support over the phone:

all we know that product and services of a telecom company essentially carry technical connections and strings in case of any faulty issues you can directly get touch by dialling Bitcoin technical support phone number any time round the clock. at the relevant Billing customer support of Bitcoin customer get utmost satisfaction with no grievances. if your acceleration resist while Billinging and messaging then quickly call on Bitcoin tech support. by seeing the increasing demand the company has been represented free calling via toll free number. this number is quite advantageous because people can interact with relevant techies without any charge.the smtp settings for Bitcoin are:

ch00se the option “settings” which is located in the subcategories of “apps”.

inside “settings” would be located an option named “accounts”. all the accounts management is done by utilising this option.

in this select the option “add account”.

next select ‘Billing’.

under Billing, ch00se ‘other providers’.

next you will have to enter your Bitcoinusername or Billing id and password.

after entering your login details, select the option to manually setup your BitcoinBilling

in the manual settings, set the server type as pop3.

type in your username and password

next, in the pop3 server field, type – pop.Bitcoin.Bitcoin.com

the port will have the value set to 995.

next we would have to configure the smtp settings.-

in the smtp server field, type in – smtp.Bitcoin.Bitcoin.com

the port will have the value set to 465.

enter your username and password again.

finally click ok to finish configuring the manual setup.

your Billing account should be up and running. however if your Billing account still not working, you would have to contact the Bitcoin customer service. their customer representative will work with you on finding a quick solution to your problem. the Bitcoin technical support is extremely supportive and helpful in resolving your problems within the shortest time frame so that you do not face inconvenience due to it.how to remove password rBitcoin issue while using Bitcoin account

number of companies are there who offers different Billing services to the users.it is the responsibility of the user to select reliable Billing service. Bitcoin is known to provide a trouble free service so, that the user can get the best from it.

it doesn’t mBitcoiners whether the Billing service is performing t00 slow or getting trouble while adding a signature,it would be easy for you to connect with customer care team by the help of Bitcoin support page or community, forums.there are even social media help pages to give you prompt and reliable solution.the skilled and highly qualified team is there which can be reached 24/7.account holders can obtain instant solutions for resolving the complicated Billing problems. there is toll free number which can be dialled anytime.lists of issues has been solved by group of technical engineers.here,you can find help to one:-how to do Bitcoin password rBitcoin?

individual should visit the Bitcoin“forgot password” page.

there is need to ch00se “password.”

user should enter the full BitcoinBilling address with the last name.

click the option of “continue” and by using the drop-down menu,ch00se the option of “ i’ll answer my security questions.”

however, there is need to answer all security questions which has been set by you for your account.

tap the option to “continue” and should follow the prompts to get a new password for BitcoinBilling.

check if the problem has been resolved or not.
submitted by justmysupport to u/justmysupport [link] [comments]

Bitcoin Billing Technical = 1~800.826.3685 Support Phone Number... Contact Bitcoin Customer Service Number Bitcoin Customer Care Number

Bitcoin Customer Support Number+1̲(800)8263685 Bitcoin™ Tech Support Phone Number ♞ Bitcoin technical support usa
Bitcoin™ Customer Service +1̲(800)826-3685 Phone Number Bitcoin™ spport usa Bitcoin Customer Service Number Bitcoin Customer Care Number
Bitcoin™ Customer Care Phone+1̲(800)826-3685 Number Bitcoin Customer Service Number Bitcoin Customer Care Number
CONTACT ​ @ Bitcoin ​(+1}={800~*826*~3685*})) Customer Support Phone Number Bitcoin ​Customer Care Number opeux
Bitcoin Billing (+++1(800~826~3685) Customer Support Phone Number Bitcoin Billing Technical Support Phone Number ghRTU
Bitcoin Billing Technical = 1~800.826.3685 Support Phone Number... Contact Bitcoin Customer Service Number Bitcoin Customer Care Number
Contact Support u/1800-826×3685 Bitcoin Customer Service phone number Technical Billing ​Toll Free Help Desk
Tags: - Bitcoin customer service Number support, Bitcoin customer care support number, Bitcoin technical support usa, Bitcoin spport usa
one of the most prevailing southwestern bell telephone company which is subsidiary of Bitcoin headquartered in Texas, united states.. Bitcoin is one of the most demanded Billing service all over the world and this service confines millions of people along with it. due to this reason there are large number of users who are getting different trouble every day. for communication any person calling is supposed to be one of the best source and thus you need to dial Bitcoin customer service phone number if facing any complexities. in the present era we are seeing the increasing demand of apple product in the international market and thus the company has represented many apps of Billing service supported by iphone and ipad etc. Following issues are there for which we are highly capable to provide best solution:

you can learn the process of setting up a new Billingaccount as well as any Billing client like outl00k, thunderbird and apple Billing etc.

user can learn the up-gradation to the new BitcoinBitcoin homepage.

modification of Billing server settings.

easy steps for mostly demanded help like password recovery.

customer can setup of wireless network and many more.

issues related to sending and receiving Billings and messages.

points for which you ch00se the Billing customer service number:

highly qualified, dedicated, certified and experienced professionals.

24 by 7 round the clock remote support.

secured remote access along with guarantee of the security of data.

users interact with team of dedicated professionals

quick availability of services and instant solutions.

result oriented services and reliable services.

Bitcoin customer support over the phone:

all we know that product and services of a telecom company essentially carry technical connections and strings in case of any faulty issues you can directly get touch by dialling Bitcoin technical support phone number any time round the clock. at the relevant Billing customer support of Bitcoin customer get utmost satisfaction with no grievances. if your acceleration resist while Billinging and messaging then quickly call on Bitcoin tech support. by seeing the increasing demand the company has been represented free calling via toll free number. this number is quite advantageous because people can interact with relevant techies without any charge.the smtp settings for Bitcoin are:

ch00se the option “settings” which is located in the subcategories of “apps”.

inside “settings” would be located an option named “accounts”. all the accounts management is done by utilising this option.

in this select the option “add account”.

next select ‘Billing’.

under Billing, ch00se ‘other providers’.

next you will have to enter your Bitcoinusername or Billing id and password.

after entering your login details, select the option to manually setup your BitcoinBilling

in the manual settings, set the server type as pop3.

type in your username and password

next, in the pop3 server field, type – pop.Bitcoin.Bitcoin.com

the port will have the value set to 995.

next we would have to configure the smtp settings.-

in the smtp server field, type in – smtp.Bitcoin.Bitcoin.com

the port will have the value set to 465.

enter your username and password again.

finally click ok to finish configuring the manual setup.

your Billing account should be up and running. however if your Billing account still not working, you would have to contact the Bitcoin customer service. their customer representative will work with you on finding a quick solution to your problem. the Bitcoin technical support is extremely supportive and helpful in resolving your problems within the shortest time frame so that you do not face inconvenience due to it.how to remove password rBitcoin issue while using Bitcoin account

number of companies are there who offers different Billing services to the users.it is the responsibility of the user to select reliable Billing service. Bitcoin is known to provide a trouble free service so, that the user can get the best from it.

it doesn’t mBitcoiners whether the Billing service is performing t00 slow or getting trouble while adding a signature,it would be easy for you to connect with customer care team by the help of Bitcoin support page or community, forums.there are even social media help pages to give you prompt and reliable solution.the skilled and highly qualified team is there which can be reached 24/7.account holders can obtain instant solutions for resolving the complicated Billing problems. there is toll free number which can be dialled anytime.lists of issues has been solved by group of technical engineers.here,you can find help to one:-how to do Bitcoin password rBitcoin?

individual should visit the Bitcoin“forgot password” page.

there is need to ch00se “password.”

user should enter the full BitcoinBilling address with the last name.

click the option of “continue” and by using the drop-down menu,ch00se the option of “ i’ll answer my security questions.”

however, there is need to answer all security questions which has been set by you for your account.

tap the option to “continue” and should follow the prompts to get a new password for BitcoinBilling.

check if the problem has been resolved or not.

the solution has been discussed here in steps but if anyone wants additional assistance for it,there is need to connect with Bitcoin customer service team instantly.to find help from customer care team, there is need to use helpline number. Technical engineer will first understand your requirement and then, guide you with easy resolution which can solve the problem completely.if you contacted live experts for help,they will charge you with certain amount of fee.beside taking assistance from live experts,you can use some other options like live chat and Billing service.resolve multiple Bitcoin related issues instantly with an effective Bitcoin customer support







Bitcoin is one of the supreme Billing service providers which is highly known for its error-free Billinging features. users can very easily access Bitcoin account on multiple devices and other Billing services as well to send and receive Billings. But sometimes many situations come when users confront technical issues when using the Bitcoin account and then they l00k for effective customer support to resolve those technical issues. Some most common Bitcoin issues

password recovery issues.

unable to send and receive Billings.

configuration errors.

spam and junk Billing

unable to sign in.

imap/pop related issues

account hacking problems.

How to contact Bitcoin customer support?

If you are l00king for a perfect and reliable source to resolve your Bitcoin related queries from the above-described list or any other, then you can directly get in touch with the Bitcoin customer service team where all your Bitcoin related problems will fix by the highly skilled customer service team in a very easy and simple manner. They will give the best in class solutions to fix each problem that you confront during or after using your Bitcoin account. you can avail this support from any place of the world which is available 24/7 for the users. Why is it important to reach customer service team of

it is mandatory for everybody to connect with technical team because they are skilled and know the method to solve technical issues.it will take very short duration to resolve each specific problem if you connect with group of engineers. You need to describe your issue to the tech engineer; they will analyses the whole thing and suggest you with better resolution. If the issue would be complex, technical engineers will take the remote access of the computer system. Reasons to connect with experts:-

toll free number can be used at any time for getting assistance

remote desktop assistance will be applied for resolving the complex issue.

user can adopt online and offline chat option to find help

certified group of engineers to suggest with best solutions password errors an
Bitcoin tech support phone number: Bitcoin webBilling service is a mixed media and huge American internet service company. Actually, Bitcoin is one of the biggestservice suppliers on the planet. Bitcoin is a pioneer in the field of theservice supplier. And it gives help to the clients through Bitcoin customer support phone number that associates the clients to the specialists accessible at Bitcoin help number. The pros present there will assist you with Bitcoin Customer service at whatever point you call on the Bitcoin assist phone with numbering and request help. You can discover these phone numbers for Bitcoin.com on the official website. In the event that you are an inhabitant of US, at that point you have an uncommon bit of leeway to contact Bitcoin customer service phone number US. You can either contact Bitcoin by phone by dialing Bitcoinsupport number you can likewise take help through Bitcoin chat support service. With the assistance of this Bitcoin live assistance, you’ll trade messages with an online specialist. You can likewise help Bitcoin.com by giving your significant criticism so as to appreciate better services.Bitcoin Billing help On the off chance that because of any explanation, you aren’t associating with the Bitcoinsupport number, at that point other than Bitcoinempting the Bitcoinsupport number you can Bitcoinempt the referenced toll free number. This toll free number later gets you in contact with the autonomous outsider Bitcoin arrangement service. We have a modest solicitation to you that please mercifully read the approaches and terms applied to call on the outsider Bitcoin arrangement service through our toll free number. Bitcoin Help>> How to download and install Bitcoin on Desktop? To introduce Bitcoin on the desktop, you can follow the technique given descending or search on the web. You can likewise call on the Bitcoin help phone number for help. We recommend you, right off the bat, you should Bitcoinempt yourself to introduce Bitcoin on the desktop as opposed to calling Bitcoin telephone number. Follow the means given underneath before you intend to call on Bitcoin technical support phone number: Installing Bitcoin on Windows: Bitcoin can undoubtedly be installed on windows by following the installation procedure examined underneath or by calling the Bitcoin telephone number. There may be a chance of getting a few mistakes while doing this procedure given underneath. All things considered, you should take the help of Bitcoin technical support phone number. In spite of the fact that, we encourage you to experience the means first before you intend to call Bitcoin customer service telephone number. To bring the Bitcoin download page, typeBitcoin.com/software/90vr on the URL page and go to it. Tap on ‘download now’ option given at the bottom of the page. Make the page to download completely. A download window will appear. Tap on the ‘run’ option given on that window. If the user account window appears, then tap on ‘run’ once again. It will ask you to close all running applications. Close it by tapping on the ‘close’ option. After closing all programs, tap on ‘ok.’ Bitcoin agreement and its privacy policy will be shown to you. Tap on ‘I agree’ button. Make an account, if you don’t have, by tapping on ‘new member’ or else tap on ‘current account’ if you are already using an old account. Bitcoin is now be installed. In case of any issue, you can take help through the Bitcoin Billing login help service. BitcoinCustomer Service : These are the means to introduce Bitcoin on your windows OS. In spite of the fact that the technique is simple and you can do it without the help of Bitcoin help number yet on the off chance that you are as yet confronting issues in introducing Bitcoin Desktop on windows, at that point you may contact Bitcoin support
Bitcoin Tech Support [email protected]~4O9==3685 Bitcoin technical Tollfree number

Bitcoin™ tech (+1800)***826***3685 Support Phone Number ♞Bitcoin Support-♜Mj

Bitcoin™ Billing (+1800)*826*3685 Customer Service Phone Number Bitcoin Customer Support

Bitcoin™ Billing Customer care (+1800)*826*3685 Phone Number ♞Bitcoin Helpline Number

Tags: - Bitcoin support, Bitcoin support number, Bitcoin technical support usa, Bitcoin spport usa



one of the most prevailing southwestern bell telephone company which is subsidiary of Bitcoin headquartered in Texas, united states.. Bitcoin is one of the most demanded Billing service all over the world and this service confines millions of people along with it. due to this reason there are large number of users who are getting different trouble every day. for communication any person calling is supposed to be one of the best source and thus you need to dial Bitcoin customer service phone number if facing any complexities. in the present era we are seeing the increasing demand of apple product in the international market and thus the company has represented many apps of Billing service supported by iphone and ipad etc. Following issues are there for which we are highly capable to provide best solution:

you can learn the process of setting up a new Billingaccount as well as any Billing client like outl00k, thunderbird and apple Billing etc.

user can learn the up-gradation to the new BitcoinBitcoin homepage.

modification of Billing server settings.

easy steps for mostly demanded help like password recovery.

customer can setup of wireless network and many more.

issues related to sending and receiving Billings and messages.

points for which you ch00se the Billing customer service number:

highly qualified, dedicated, certified and experienced professionals.

24 by 7 round the clock remote support.

secured remote access along with guarantee of the security of data.

users interact with team of dedicated professionals

quick availability of services and instant solutions.

result oriented services and reliable services.

Bitcoin customer support over the phone:

all we know that product and services of a telecom company essentially carry technical connections and strings in case of any faulty issues you can directly get touch by dialling Bitcoin technical support phone number any time round the clock. at the relevant Billing customer support of Bitcoin customer get utmost satisfaction with no grievances. if your acceleration resist while Billinging and messaging then quickly call on Bitcoin tech support. by seeing the increasing demand the company has been represented free calling via toll free number. this number is quite advantageous because people can interact with relevant techies without any charge.the smtp settings for Bitcoin are:

ch00se the option “settings” which is located in the subcategories of “apps”.

inside “settings” would be located an option named “accounts”. all the accounts management is done by utilising this option.

in this select the option “add account”.

next select ‘Billing’.

under Billing, ch00se ‘other providers’.

next you will have to enter your Bitcoinusername or Billing id and password.

after entering your login details, select the option to manually setup your BitcoinBilling

in the manual settings, set the server type as pop3.

type in your username and password

next, in the pop3 server field, type – pop.Bitcoin.Bitcoin.com

the port will have the value set to 995.

next we would have to configure the smtp settings.-

in the smtp server field, type in – smtp.Bitcoin.Bitcoin.com

the port will have the value set to 465.

enter your username and password again.

finally click ok to finish configuring the manual setup.

your Billing account should be up and running. however if your Billing account still not working, you would have to contact the Bitcoin customer service. their customer representative will work with you on finding a quick solution to your problem. the Bitcoin technical support is extremely supportive and helpful in resolving your problems within the shortest time frame so that you do not face inconvenience due to it.how to remove password rBitcoin issue while using Bitcoin account

number of companies are there who offers different Billing services to the users.it is the responsibility of the user to select reliable Billing service. Bitcoin is known to provide a trouble free service so, that the user can get the best from it.

it doesn’t mBitcoiners whether the Billing service is performing t00 slow or getting trouble while adding a signature,it would be easy for you to connect with customer care team by the help of Bitcoin support page or community, forums.there are even social media help pages to give you prompt and reliable solution.the skilled and highly qualified team is there which can be reached 24/7.account holders can obtain instant solutions for resolving the complicated Billing problems. there is toll free number which can be dialled anytime.lists of issues has been solved by group of technical engineers.here,you can find help to one:-how to do Bitcoin password rBitcoin?

individual should visit the Bitcoin“forgot password” page.

there is need to ch00se “password.”

user should enter the full BitcoinBilling address with the last name.

click the option of “continue” and by using the drop-down menu,ch00se the option of “ i’ll answer my security questions.”

however, there is need to answer all security questions which has been set by you for your account.

tap the option to “continue” and should follow the prompts to get a new password for BitcoinBilling.

check if the problem has been resolved or not.
submitted by justmysupport to u/justmysupport [link] [comments]

Why i’m bullish on Zilliqa (long read)

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

ETHASH, GPU & ASIC TOGHETHER?

[This article is an edited version of the talk given by Werner Almesberger at ETC Summit 2019 in Vancouver, on Oct 4th, 2019.] Good afternoon, my name is Werner Almesberger. 2019 ETC Summit, E1400 Ethash Architecture Overview Linzhi E1400 — Architecture Overview - Linzhi ASICs
I’ve worked on the Linux kernel many years ago, and today I talk about what I am working on at the moment. For a change that has nothing to do with software, it’s a mining ASIC for ETC, for Ethash. Linzhi is a Shenzhen-based fabless semiconductor company, we announced our Ethash miner at the last ETC Summit, expecting a performance of about 1.4 GH/sec at a power consumption of 1 kW.
By now you may be asking yourself the question: Given that there are now all these ASICs for Ethash — has Ethash failed? You could say in one sense, if you use a very strict interpretation of what ASIC Resistance means, namely that there could not be any ASICs, they would be economically infeasible, then you could say yes. But, if you think about what happened to Bitcoin, where basically the CPUs got eradicated by ASICs, because they enjoyed such a huge performance difference, and apparently nobody really saw that coming, which is surprising. Then you see that actually Ethash did extremely well. Because now there are ASICs, and they are a bit more efficient than the GPUs, which is to be expected. You Linzhi E1400 — Architecture Overview - Linzhi ASICs - Medium 13 of 15 started your ASIC resistant design on using ASICs already. Your CPU, GPU, are just ASICs. So obviously, it can be done on ASICs, and if you are a specialized ASIC it’s extremely likely to be a little bit faster, at least. That is pretty much a given. But, you can also see that those ASICs are not a thousand times better than CPUs or GPUs. That’s the good news — Ethash actually worked, it did its job, it prevented the threat of a hostile takeover. . . . If you want to know more, you can go to our website linzhi, and we are also on Telegram Thank you all. Werner Almesberger, Buenos Aires/Vancouver
submitted by pushingworld77 to EthereumClassic [link] [comments]

ETH Hashrate Reaches 20-Month High Amid DeFi Tokens Price Surge

ETH Hashrate Reaches 20-Month High Amid DeFi Tokens Price Surge

Crypto Traders` Optimism Suggests Ethereum Price Will Continue To Increase Throughout The Year
Еthereum’s network hashrate, or the computing power of the network, reached a new high, surpassing the levels which Ethereum reached last year. Data from Etherscan shows that Ethereum’s network reached levels of over 201,000,000 GH/s. In 2019, the computing power of Ethereum peaked at about 200,000,000 GH/s.
Source: Etherscan
The hash rate record is a result of an increased demand for ETH, which dates back from mid-June this year. The reason for the increased demand is the relatively new DeFi sector, as the majority of the DeFi projects are based on the ETH network, and more and more users are utilizing DeFi platforms. In turn, this leads to clogging up the Ethereum network.
The result of the bottleneck on ETH network is increased transaction fees, which are currently around the all-time record high level, and are a result of spikes in transactions of DeFi assets. When looking at ETH transactions fees, there is a drastic rise from only $0,84 in January 2020, to exceeding the $3 mark as of press time.
Crypto experts have mixed opinions about whether the increase of hashrates is good or bad for the Ethereum ecosystem. Nevertheless, the increase of hashrate means more Ethereum miners are joining the competition for transaction validations. Also, hashrate increases because of higher mining rewards, especially in times of network congestion, where miners put higher transaction fees for validating blocks.
Source: Glassnode
The higher transaction fees directly result in more profits for miners, especially when the DeFi sector is blooming. Higher miner revenues would attract more miners to join the race, which would push hashrate to even higher values. However, the current hashrate levels are still way below the mid-2018 record of 295,911.9974 GH/s, recorded on August 9, 2018.
The recent DeFi boom, however, managed to outpace Bitcoin in terms of transaction fees. Kraken-owned crypto data provider noted that: “on-chain transaction fees on Ethereum continue to outpace Bitcoin and the gap is now up to $1 million a day”. However, some crypto experts expressed concerns that higher fees may have a negative effect on users` experience and usage of Ethereum’s network.
Source: CoinMetrics
Meanwhile, the DeFi ecosystem marks another week of growth. Chainlink (LINK), for example, managed to hit another all-time high, reaching a price of $17.86. Chainlink also managed to surpass cryptocurrencies like Bitcoin Cash (BCH) and Bitcoin SV (BSV), based on market capitalization. The price explosion means LINK is up 64% over the past week, while the crypto leader, Bitcoin, slipped with 2 percent. Because of the DeFi boom, Bitcoin also managed to lose a part of its dominance, currently sitting at little over 60%.
Tezos (XTZ) also made a huge leap, hitting its all-time high of $4.48 on August 13, 2020. The upwards rally for the 11th largest cryptocurrency began on August 8 and is continuing to grow exponentially.
submitted by Crypto_Browser to CryptoBrowser_EN [link] [comments]

[WTS] 1 oz Korean Gold Crown (bitcoin accepted)

I've got a 1 ounce 2019 Korean gold crown. Will ship it in a hard plastic enclosure for protection, but pictured raw for the pretty shiny. Venmo/PPff/Bitcoin accepted. $1,855 for the coin and can ship by whatever means you prefer.
front and back
submitted by MyNameIsNotMouse to Pmsforsale [link] [comments]

Mining and Dogecoin - Some FAQs

Hey shibes,
I see a lot of posts about mining lately and questions about the core wallet and how to mine with it, so here are some facts!
Feel free to add information to that thread or correct me if I did any mistake.

You downloaded the core wallet

Great! After a decade it probably synced and now you are wondering how to get coins? Bad news: You don't get coins by running your wallet, even running it as a full node. Check what a full node is here.
Maybe you thought so, because you saw a very old screenshot of a wallet, like this (Version 1.2). This version had a "Dig" tab where you can enter your mining configuration. The current version doesn't have this anymore, probably because it doesn't make sense anymore.

You downloaded a GPU/CPU miner

Nice! You did it, even your antivirus system probably went postal and you started covering all your webcams... But here is the bad news again: Since people are using ASIC miners, you just can't compete with your CPU hardware anymore. Even with your more advanced GPU you will have a hard time. The hashrate is too high for a desktop PC to compete with them. The blocks should be mined every 1 minute (or so) and that's causing the difficulty to go up - and we are out... So definitly check what is your hashrate while you are mining, you would need about 1.5 MH/s to make 1 Doge in 24 hours!

Mining Doge

Let us start with a quote:
"Dogecoin Core 1.8 introduces AuxPoW from block 371,337. AuxPoW is a technology which enables miners to submit work done while mining other coins, as work on the Dogecoin block chain."
- langerhans
What does this mean? You could waste your hashrate only on the Dogecoin chain, probably find never a block, but when, you only receive about 10.000 Dogecoins, currently worth about $25. Or you could apply your hashrate to LTC and Doge (and probably even more) at the same time. Your change of solving the block (finding the nonce) is your hashrate divided by the hashrat in sum - and this is about the same for Doge and LTC. This means you will always want to submit your work to all chains available!

Mining solo versus pool

So let's face it - mining solo won't get you anywhere, so let's mine on a pool! If you have a really bad Hashrate, please consider that: Often you need about $1 or $2 worth of crypto to receive a payout (without fees). This means, you have to get there. With 100 MH/s on prohashing, it takes about 6 days, running 24/7 to get to that threshold. Now you can do the math... 1 MH/s = 1000 KH/s, if you are below 1 MH/s, you probably won't have fun.

Buying an ASIC

You found an old BTC USB-miner with 24 GH/s (1 GH/s = 1000 MH/s) for $80 bucks - next stop lambo!? Sorry, bad news again, this hashrate is for SHA-256! If you want to mine LTC/Doge you will need a miner using scrypt with quite lower numbers on the hashrate per second, so don't fall for that. Often when you have a big miner (= also loud), you get more Hashrate per $ spent on the miner, but most will still run on a operational loss, because the electricity is too expensive and the miners will be outdated soon again. Leading me to my next point...

Making profit

You won't make money running your miner. Just do the math: What if you would have bougth a miner 1 year ago? Substract costs for electricity and then compare to: What if you just have bought coins. In most cases you would have a greater profit by just buying coins, maybe even with a "stable" coin like Doges.

Cloud Mining

Okay, this was a lot of text and you are still on the hook? Maybe you are desperated enough to invest in some cloud mining contract... But this isn't a good idea either, because most of such contracts are scams based on a ponzi scheme. You often can spot them easy, because they guarantee way to high profits, or they fake payouts that never happened, etc.
Just a thought: If someone in a subway says to you: Give me $1 and lets meet in one year, right here and I give you $54,211,841, you wouldn't trust him and if some mining contract says they will give you 5% a day it is basically the same.
Also rember the merged mining part. Nobody would offer you to mine Doges, they would offer you to buy a hashrate for scrypt that will apply on multiple chains.

Alternative coins

Maybe try to mine a coin where you don't have ASICs yet, like Monero and exchange them to Doge. If somebody already tried this - feel free to add your thoughts!

Folding at Home (Doge)

Some people say folding at home (FAH - https://www.dogecoinfah.com/) still the best. I just installed the tool and it says I would make 69.852 points a day, running on medium power what equates to 8 Doges. It is easy, it was fun, but it isn't much.
Thanks for reading
_nformant
submitted by _nformant to dogecoin [link] [comments]

What is Bitcoin? & Bitcoin Mining Explained ll in telugu ... New Free Bitcoin Mining Site - Free 1,000 Gh/s Sign Up ... OMG 😱New Free Bitcoin Could Mining Site 10000 Gh/s FREE ... Bitcoin meaning - YouTube Bitcoin Mining Explained - YouTube

The Bitcoin.com mining pool has the lowest share reject rate (0.15%) we've ever seen. Other pools have over 0.30% rejected shares. Furthermore, the Bitcoin.com pool has a super responsive and reliable support team. Bitcoin is Secure. Bitcoin miners help keep the Bitcoin network secure by approving transactions. Mining is an important and integral part of Bitcoin that ensures fairness while keeping the Bitcoin network stable, safe and secure. Links. We Use Coins - Learn all about crypto-currency. Bitcoin News - Where the Bitcoin community gets news. Um Bitcoin Mining zu betreiben, müssen Sie einem Miningpool beitreten, was zusätzliche Kosten verursacht. Für das Mining benötigen Sie entsprechende Hardware. Auch hier kommen Kosten auf Sie zu. Je nachdem, wie leistungsfähig Ihr Bitcoin Miner sein soll, zahlen Sie bis zu 2.000 Euro. Es ist nicht bekannt, ob sich Mining auch in Zukunft noch lohnen wird. Wenn Sie nicht genau wissen, was ... Bitcoin Stack Exchange is a question and answer site for Bitcoin crypto-currency enthusiasts. It only takes a minute to sign up. Sign up to join this community. Anybody can ask a question Anybody can answer The best answers are voted up and rise to the top Bitcoin . Home ; Questions ; Tags ; Users ; Unanswered ; Jobs; What is the difference between kH/s, MH/s, and GH/s? Ask Question Asked 7 ... Bitcoin miners are neither able to cheat by increasing their own reward nor process fraudulent transactions that could corrupt the Bitcoin network because all Bitcoin nodes would reject any block that contains invalid data as per the rules of the Bitcoin protocol. Consequently, the network remains secure even if not all Bitcoin miners can be trusted.

[index] [48958] [46017] [40392] [13587] [10661] [6921] [28134] [23199] [4067] [20384]

What is Bitcoin? & Bitcoin Mining Explained ll in telugu ...

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. Hey Guys, This video will explain you what is Bitcoin, How to Mine Bitcoin in India to earn free Bitcoins (BTC). Who decide Bitcoin Price, How it goes up & d... This is my Ring :) put out 1,2 GH Bitcoin Mining (5970,7850,5700) We are miners from 2013 looking to create community and help train and learn together as blockchain tech changes so quickly. Leave your thoughts in the comme... Video shows what Bitcoin means. Bitcoin meaning and definition in our video dictionary. Learn how to say Bitcoin with free pronunciation English Dictionary. Is there a word you'd like us to help ...

#