Get Started Bitcoin.com

Bitcoin Newcomers FAQ - Please read!

Welcome to the /Bitcoin Sticky FAQ

You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments.
It all started with the release of the release of Satoshi Nakamoto's whitepaper however that will probably go over the head of most readers so we recommend the following videos for a good starting point for understanding how bitcoin works and a little about its long term potential:
Some other great resources include Lopp.net, the Princeton crypto series and James D'Angelo's Bitcoin 101 Blackboard series.
Some excellent writing on Bitcoin's value proposition and future can be found at the Satoshi Nakamoto Institute.
Some Bitcoin statistics can be found here and here. Developer resources can be found here. Peer-reviewed research papers can be found here.
Potential upcoming protocol improvements and scaling resources here and here.
The number of times Bitcoin was declared dead by the media can be found here (LOL!)

Key properties of Bitcoin

Where can I buy bitcoins?

Bitcoin.org and BuyBitcoinWorldwide.com are helpful sites for beginners. You can buy or sell any amount of bitcoin (even just a few dollars worth) and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, also check out the bitcoinity exchange resources for a larger list of options for purchases.
Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Bitwage.
Note: Bitcoins are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Preev is a useful site that that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google "1 bitcoin in (your local currency)".

Securing your bitcoins

With bitcoin you can "Be your own bank" and personally secure your bitcoins OR you can use third party companies aka "Bitcoin banks" which will hold the bitcoins for you.
Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email!
2FA requires a second confirmation code to access your account making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.
Google Auth Authy OTP Auth
Android Android N/A
iOS iOS iOS

Watch out for scams

As mentioned above, Bitcoin is decentralized, which by definition means there is no official website or Twitter handle or spokesperson or CEO. However, all money attracts thieves. This combination unfortunately results in scammers running official sounding names or pretending to be an authority on YouTube or social media. Many scammers throughout the years have claimed to be the inventor of Bitcoin. Websites like bitcoin(dot)com and the btc subreddit are active scams. Almost all altcoins (shitcoins) are marketed heavily with big promises but are really just designed to separate you from your bitcoin. So be careful: any resource, including all linked in this document, may in the future turn evil. Don't trust, verify. Also as they say in our community "Not your keys, not your coins".

Where can I spend bitcoins?

Check out spendabit or bitcoin directory for millions of merchant options. Also you can spend bitcoin anywhere visa is accepted with bitcoin debit cards such as the CashApp card. Some other useful site are listed below.
Store Product
Gyft Gift cards for hundreds of retailers including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.
Spendabit, Overstock and The Bitcoin Directory Retail shopping with millions of results
ShakePay Generate one time use Visa cards in seconds
NewEgg and Dell For all your electronics needs
Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, LivingRoomofSatoshi, Coinsfer, and more Bill payment
Menufy, Takeaway and Thuisbezorgd NL Takeout delivered to your door
Expedia, Cheapair, Destinia, Abitsky, SkyTours, the Travel category on Gyft and 9flats For when you need to get away
Cryptostorm, Mullvad, and PIA VPN services
Namecheap, Porkbun Domain name registration
Stampnik Discounted USPS Priority, Express, First-Class mail postage
Coinmap and AirBitz are helpful to find local businesses accepting bitcoins. A good resource for UK residents is at wheretospendbitcoins.co.uk.
There are also lots of charities which accept bitcoin donations.

Merchant Resources

There are several benefits to accepting bitcoin as a payment option if you are a merchant;
If you are interested in accepting bitcoin as a payment method, there are several options available;

Can I mine bitcoin?

Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The crew at /BitcoinMining would be happy to help you out.
If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node using this setup guide. If you would prefer to keep it simple there are several good options. You can view the global node distribution here.

Earning bitcoins

Just like any other form of money, you can also earn bitcoins by being paid to do a job.
Site Description
WorkingForBitcoins, Bitwage, Cryptogrind, Coinality, Bitgigs, /Jobs4Bitcoins, BitforTip, Rein Project Freelancing
Lolli Earn bitcoin when you shop online!
OpenBazaar, Purse.io, Bitify, /Bitmarket, 21 Market Marketplaces
/GirlsGoneBitcoin NSFW Adult services
A-ads, Coinzilla.io Advertising
You can also earn bitcoins by participating as a market maker on JoinMarket by allowing users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins.

Bitcoin-Related Projects

The following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the bitcoin space.
Project Description
Lightning Network Second layer scaling
Blockstream, Rootstock and Drivechain Sidechains
Hivemind and Augur Prediction markets
Tierion and Factom Records & Titles on the blockchain
BitMarkets, DropZone, Beaver and Open Bazaar Decentralized markets
JoinMarket and Wasabi Wallet CoinJoin implementation
Coinffeine and Bisq Decentralized bitcoin exchanges
Keybase Identity & Reputation management
Abra Global P2P money transmitter network
Bitcore Open source Bitcoin javascript library

Bitcoin Units

One Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:
Unit Symbol Value Info
bitcoin BTC 1 bitcoin one bitcoin is equal to 100 million satoshis
millibitcoin mBTC 1,000 per bitcoin used as default unit in recent Electrum wallet releases
bit bit 1,000,000 per bitcoin colloquial "slang" term for microbitcoin (μBTC)
satoshi sat 100,000,000 per bitcoin smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $10000 for one Bitcoin, a $10 meal would equal:
For more information check out the Bitcoin units wiki.
Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit.
Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval.
Welcome to the Bitcoin community and the new decentralized economy!
submitted by BitcoinFan7 to Bitcoin [link] [comments]

Dragonchain Great Reddit Scaling Bake-Off Public Proposal

Dragonchain Great Reddit Scaling Bake-Off Public Proposal

Dragonchain Public Proposal TL;DR:

Dragonchain has demonstrated twice Reddit’s entire total daily volume (votes, comments, and posts per Reddit 2019 Year in Review) in a 24-hour demo on an operational network. Every single transaction on Dragonchain is decentralized immediately through 5 levels of Dragon Net, and then secured with combined proof on Bitcoin, Ethereum, Ethereum Classic, and Binance Chain, via Interchain. At the time, in January 2020, the entire cost of the demo was approximately $25K on a single system (transaction fees locked at $0.0001/txn). With current fees (lowest fee $0.0000025/txn), this would cost as little as $625.
Watch Joe walk through the entire proposal and answer questions on YouTube.
This proposal is also available on the Dragonchain blog.

Hello Reddit and Ethereum community!

I’m Joe Roets, Founder & CEO of Dragonchain. When the team and I first heard about The Great Reddit Scaling Bake-Off we were intrigued. We believe we have the solutions Reddit seeks for its community points system and we have them at scale.
For your consideration, we have submitted our proposal below. The team at Dragonchain and I welcome and look forward to your technical questions, philosophical feedback, and fair criticism, to build a scaling solution for Reddit that will empower its users. Because our architecture is unlike other blockchain platforms out there today, we expect to receive many questions while people try to grasp our project. I will answer all questions here in this thread on Reddit, and I've answered some questions in the stream on YouTube.
We have seen good discussions so far in the competition. We hope that Reddit’s scaling solution will emerge from The Great Reddit Scaling Bake-Off and that Reddit will have great success with the implementation.

Executive summary

Dragonchain is a robust open source hybrid blockchain platform that has proven to withstand the passing of time since our inception in 2014. We have continued to evolve to harness the scalability of private nodes, yet take full advantage of the security of public decentralized networks, like Ethereum. We have a live, operational, and fully functional Interchain network integrating Bitcoin, Ethereum, Ethereum Classic, and ~700 independent Dragonchain nodes. Every transaction is secured to Ethereum, Bitcoin, and Ethereum Classic. Transactions are immediately usable on chain, and the first decentralization is seen within 20 seconds on Dragon Net. Security increases further to public networks ETH, BTC, and ETC within 10 minutes to 2 hours. Smart contracts can be written in any executable language, offering full freedom to existing developers. We invite any developer to watch the demo, play with our SDK’s, review open source code, and to help us move forward. Dragonchain specializes in scalable loyalty & rewards solutions and has built a decentralized social network on chain, with very affordable transaction costs. This experience can be combined with the insights Reddit and the Ethereum community have gained in the past couple of months to roll out the solution at a rapid pace.

Response and PoC

In The Great Reddit Scaling Bake-Off post, Reddit has asked for a series of demonstrations, requirements, and other considerations. In this section, we will attempt to answer all of these requests.

Live Demo

A live proof of concept showing hundreds of thousands of transactions
On Jan 7, 2020, Dragonchain hosted a 24-hour live demonstration during which a quarter of a billion (250 million+) transactions executed fully on an operational network. Every single transaction on Dragonchain is decentralized immediately through 5 levels of Dragon Net, and then secured with combined proof on Bitcoin, Ethereum, Ethereum Classic, and Binance Chain, via Interchain. This means that every single transaction is secured by, and traceable to these networks. An attack on this system would require a simultaneous attack on all of the Interchained networks.
24 hours in 4 minutes (YouTube):
24 hours in 4 minutes
The demonstration was of a single business system, and any user is able to scale this further, by running multiple systems simultaneously. Our goals for the event were to demonstrate a consistent capacity greater than that of Visa over an extended time period.
Tooling to reproduce our demo is available here:
https://github.com/dragonchain/spirit-bomb

Source Code

Source code (for on & off-chain components as well tooling used for the PoC). The source code does not have to be shared publicly, but if Reddit decides to use a particular solution it will need to be shared with Reddit at some point.

Scaling

How it works & scales

Architectural Scaling

Dragonchain’s architecture attacks the scalability issue from multiple angles. Dragonchain is a hybrid blockchain platform, wherein every transaction is protected on a business node to the requirements of that business or purpose. A business node may be held completely private or may be exposed or replicated to any level of exposure desired.
Every node has its own blockchain and is independently scalable. Dragonchain established Context Based Verification as its consensus model. Every transaction is immediately usable on a trust basis, and in time is provable to an increasing level of decentralized consensus. A transaction will have a level of decentralization to independently owned and deployed Dragonchain nodes (~700 nodes) within seconds, and full decentralization to BTC and ETH within minutes or hours. Level 5 nodes (Interchain nodes) function to secure all transactions to public or otherwise external chains such as Bitcoin and Ethereum. These nodes scale the system by aggregating multiple blocks into a single Interchain transaction on a cadence. This timing is configurable based upon average fees for each respective chain. For detailed information about Dragonchain’s architecture, and Context Based Verification, please refer to the Dragonchain Architecture Document.

Economic Scaling

An interesting feature of Dragonchain’s network consensus is its economics and scarcity model. Since Dragon Net nodes (L2-L4) are independent staking nodes, deployment to cloud platforms would allow any of these nodes to scale to take on a large percentage of the verification work. This is great for scalability, but not good for the economy, because there is no scarcity, and pricing would develop a downward spiral and result in fewer verification nodes. For this reason, Dragonchain uses TIME as scarcity.
TIME is calculated as the number of Dragons held, multiplied by the number of days held. TIME influences the user’s access to features within the Dragonchain ecosystem. It takes into account both the Dragon balance and length of time each Dragon is held. TIME is staked by users against every verification node and dictates how much of the transaction fees are awarded to each participating node for every block.
TIME also dictates the transaction fee itself for the business node. TIME is staked against a business node to set a deterministic transaction fee level (see transaction fee table below in Cost section). This is very interesting in a discussion about scaling because it guarantees independence for business implementation. No matter how much traffic appears on the entire network, a business is guaranteed to not see an increased transaction fee rate.

Scaled Deployment

Dragonchain uses Docker and Kubernetes to allow the use of best practices traditional system scaling. Dragonchain offers managed nodes with an easy to use web based console interface. The user may also deploy a Dragonchain node within their own datacenter or favorite cloud platform. Users have deployed Dragonchain nodes on-prem on Amazon AWS, Google Cloud, MS Azure, and other hosting platforms around the world. Any executable code, anything you can write, can be written into a smart contract. This flexibility is what allows us to say that developers with no blockchain experience can use any code language to access the benefits of blockchain. Customers have used NodeJS, Python, Java, and even BASH shell script to write smart contracts on Dragonchain.
With Docker containers, we achieve better separation of concerns, faster deployment, higher reliability, and lower response times.
We chose Kubernetes for its self-healing features, ability to run multiple services on one server, and its large and thriving development community. It is resilient, scalable, and automated. OpenFaaS allows us to package smart contracts as Docker images for easy deployment.
Contract deployment time is now bounded only by the size of the Docker image being deployed but remains fast even for reasonably large images. We also take advantage of Docker’s flexibility and its ability to support any language that can run on x86 architecture. Any image, public or private, can be run as a smart contract using Dragonchain.

Flexibility in Scaling

Dragonchain’s architecture considers interoperability and integration as key features. From inception, we had a goal to increase adoption via integration with real business use cases and traditional systems.
We envision the ability for Reddit, in the future, to be able to integrate alternate content storage platforms or other financial services along with the token.
  • LBRY - To allow users to deploy content natively to LBRY
  • MakerDAO to allow users to lend small amounts backed by their Reddit community points.
  • STORJ/SIA to allow decentralized on chain storage of portions of content. These integrations or any other are relatively easy to integrate on Dragonchain with an Interchain implementation.

Cost

Cost estimates (on-chain and off-chain) For the purpose of this proposal, we assume that all transactions are on chain (posts, replies, and votes).
On the Dragonchain network, transaction costs are deterministic/predictable. By staking TIME on the business node (as described above) Reddit can reduce transaction costs to as low as $0.0000025 per transaction.
Dragonchain Fees Table

Getting Started

How to run it
Building on Dragonchain is simple and requires no blockchain experience. Spin up a business node (L1) in our managed environment (AWS), run it in your own cloud environment, or on-prem in your own datacenter. Clear documentation will walk you through the steps of spinning up your first Dragonchain Level 1 Business node.
Getting started is easy...
  1. Download Dragonchain’s dctl
  2. Input three commands into a terminal
  3. Build an image
  4. Run it
More information can be found in our Get started documents.

Architecture
Dragonchain is an open source hybrid platform. Through Dragon Net, each chain combines the power of a public blockchain (like Ethereum) with the privacy of a private blockchain.
Dragonchain organizes its network into five separate levels. A Level 1, or business node, is a totally private blockchain only accessible through the use of public/private keypairs. All business logic, including smart contracts, can be executed on this node directly and added to the chain.
After creating a block, the Level 1 business node broadcasts a version stripped of sensitive private data to Dragon Net. Three Level 2 Validating nodes validate the transaction based on guidelines determined from the business. A Level 3 Diversity node checks that the level 2 nodes are from a diverse array of locations. A Level 4 Notary node, hosted by a KYC partner, then signs the validation record received from the Level 3 node. The transaction hash is ledgered to the Level 5 public chain to take advantage of the hash power of massive public networks.
Dragon Net can be thought of as a “blockchain of blockchains”, where every level is a complete private blockchain. Because an L1 can send to multiple nodes on a single level, proof of existence is distributed among many places in the network. Eventually, proof of existence reaches level 5 and is published on a public network.

API Documentation

APIs (on chain & off)

SDK Source

Nobody’s Perfect

Known issues or tradeoffs
  • Dragonchain is open source and even though the platform is easy enough for developers to code in any language they are comfortable with, we do not have so large a developer community as Ethereum. We would like to see the Ethereum developer community (and any other communities) become familiar with our SDK’s, our solutions, and our platform, to unlock the full potential of our Ethereum Interchain. Long ago we decided to prioritize both Bitcoin and Ethereum Interchains. We envision an ecosystem that encompasses different projects to give developers the ability to take full advantage of all the opportunities blockchain offers to create decentralized solutions not only for Reddit but for all of our current platforms and systems. We believe that together we will take the adoption of blockchain further. We currently have additional Interchain with Ethereum Classic. We look forward to Interchain with other blockchains in the future. We invite all blockchains projects who believe in decentralization and security to Interchain with Dragonchain.
  • While we only have 700 nodes compared to 8,000 Ethereum and 10,000 Bitcoin nodes. We harness those 18,000 nodes to scale to extremely high levels of security. See Dragonchain metrics.
  • Some may consider the centralization of Dragonchain’s business nodes as an issue at first glance, however, the model is by design to protect business data. We do not consider this a drawback as these nodes can make any, none, or all data public. Depending upon the implementation, every subreddit could have control of its own business node, for potential business and enterprise offerings, bringing new alternative revenue streams to Reddit.

Costs and resources

Summary of cost & resource information for both on-chain & off-chain components used in the PoC, as well as cost & resource estimates for further scaling. If your PoC is not on mainnet, make note of any mainnet caveats (such as congestion issues).
Every transaction on the PoC system had a transaction fee of $0.0001 (one-hundredth of a cent USD). At 256MM transactions, the demo cost $25,600. With current operational fees, the same demonstration would cost $640 USD.
For the demonstration, to achieve throughput to mimic a worldwide payments network, we modeled several clients in AWS and 4-5 business nodes to handle the traffic. The business nodes were tuned to handle higher throughput by adjusting memory and machine footprint on AWS. This flexibility is valuable to implementing a system such as envisioned by Reddit. Given that Reddit’s daily traffic (posts, replies, and votes) is less than half that of our demo, we would expect that the entire Reddit system could be handled on 2-5 business nodes using right-sized containers on AWS or similar environments.
Verification was accomplished on the operational Dragon Net network with over 700 independently owned verification nodes running around the world at no cost to the business other than paid transaction fees.

Requirements

Scaling

This PoC should scale to the numbers below with minimal costs (both on & off-chain). There should also be a clear path to supporting hundreds of millions of users.
Over a 5 day period, your scaling PoC should be able to handle:
*100,000 point claims (minting & distributing points) *25,000 subscriptions *75,000 one-off points burning *100,000 transfers
During Dragonchain’s 24 hour demo, the above required numbers were reached within the first few minutes.
Reddit’s total activity is 9000% more than Ethereum’s total transaction level. Even if you do not include votes, it is still 700% more than Ethereum’s current volume. Dragonchain has demonstrated that it can handle 250 million transactions a day, and it’s architecture allows for multiple systems to work at that level simultaneously. In our PoC, we demonstrate double the full capacity of Reddit, and every transaction was proven all the way to Bitcoin and Ethereum.
Reddit Scaling on Ethereum

Decentralization

Solutions should not depend on any single third-party provider. We prefer solutions that do not depend on specific entities such as Reddit or another provider, and solutions with no single point of control or failure in off-chain components but recognize there are numerous trade-offs to consider
Dragonchain’s architecture calls for a hybrid approach. Private business nodes hold the sensitive data while the validation and verification of transactions for the business are decentralized within seconds and secured to public blockchains within 10 minutes to 2 hours. Nodes could potentially be controlled by owners of individual subreddits for more organic decentralization.
  • Billing is currently centralized - there is a path to federation and decentralization of a scaled billing solution.
  • Operational multi-cloud
  • Operational on-premises capabilities
  • Operational deployment to any datacenter
  • Over 700 independent Community Verification Nodes with proof of ownership
  • Operational Interchain (Interoperable to Bitcoin, Ethereum, and Ethereum Classic, open to more)

Usability Scaling solutions should have a simple end user experience.

Users shouldn't have to maintain any extra state/proofs, regularly monitor activity, keep track of extra keys, or sign anything other than their normal transactions
Dragonchain and its customers have demonstrated extraordinary usability as a feature in many applications, where users do not need to know that the system is backed by a live blockchain. Lyceum is one of these examples, where the progress of academy courses is being tracked, and successful completion of courses is rewarded with certificates on chain. Our @Save_The_Tweet bot is popular on Twitter. When used with one of the following hashtags - #please, #blockchain, #ThankYou, or #eternalize the tweet is saved through Eternal to multiple blockchains. A proof report is available for future reference. Other examples in use are DEN, our decentralized social media platform, and our console, where users can track their node rewards, view their TIME, and operate a business node.
Examples:

Transactions complete in a reasonable amount of time (seconds or minutes, not hours or days)
All transactions are immediately usable on chain by the system. A transaction begins the path to decentralization at the conclusion of a 5-second block when it gets distributed across 5 separate community run nodes. Full decentralization occurs within 10 minutes to 2 hours depending on which interchain (Bitcoin, Ethereum, or Ethereum Classic) the transaction hits first. Within approximately 2 hours, the combined hash power of all interchained blockchains secures the transaction.

Free to use for end users (no gas fees, or fixed/minimal fees that Reddit can pay on their behalf)
With transaction pricing as low as $0.0000025 per transaction, it may be considered reasonable for Reddit to cover transaction fees for users.
All of Reddit's Transactions on Blockchain (month)
Community points can be earned by users and distributed directly to their Reddit account in batch (as per Reddit minting plan), and allow users to withdraw rewards to their Ethereum wallet whenever they wish. Withdrawal fees can be paid by either user or Reddit. This model has been operating inside the Dragonchain system since 2018, and many security and financial compliance features can be optionally added. We feel that this capability greatly enhances user experience because it is seamless to a regular user without cryptocurrency experience, yet flexible to a tech savvy user. With regard to currency or token transactions, these would occur on the Reddit network, verified to BTC and ETH. These transactions would incur the $0.0000025 transaction fee. To estimate this fee we use the monthly active Reddit users statista with a 60% adoption rate and an estimated 10 transactions per month average resulting in an approximate $720 cost across the system. Reddit could feasibly incur all associated internal network charges (mining/minting, transfer, burn) as these are very low and controllable fees.
Reddit Internal Token Transaction Fees

Reddit Ethereum Token Transaction Fees
When we consider further the Ethereum fees that might be incurred, we have a few choices for a solution.
  1. Offload all Ethereum transaction fees (user withdrawals) to interested users as they wish to withdraw tokens for external use or sale.
  2. Cover Ethereum transaction fees by aggregating them on a timed schedule. Users would request withdrawal (from Reddit or individual subreddits), and they would be transacted on the Ethereum network every hour (or some other schedule).
  3. In a combination of the above, customers could cover aggregated fees.
  4. Integrate with alternate Ethereum roll up solutions or other proposals to aggregate minting and distribution transactions onto Ethereum.

Bonus Points

Users should be able to view their balances & transactions via a blockchain explorer-style interface
From interfaces for users who have no knowledge of blockchain technology to users who are well versed in blockchain terms such as those present in a typical block explorer, a system powered by Dragonchain has flexibility on how to provide balances and transaction data to users. Transactions can be made viewable in an Eternal Proof Report, which displays raw data along with TIME staking information and traceability all the way to Bitcoin, Ethereum, and every other Interchained network. The report shows fields such as transaction ID, timestamp, block ID, multiple verifications, and Interchain proof. See example here.
Node payouts within the Dragonchain console are listed in chronological order and can be further seen in either Dragons or USD. See example here.
In our social media platform, Dragon Den, users can see, in real-time, their NRG and MTR balances. See example here.
A new influencer app powered by Dragonchain, Raiinmaker, breaks down data into a user friendly interface that shows coin portfolio, redeemed rewards, and social scores per campaign. See example here.

Exiting is fast & simple
Withdrawing funds on Dragonchain’s console requires three clicks, however, withdrawal scenarios with more enhanced security features per Reddit’s discretion are obtainable.

Interoperability Compatibility with third party apps (wallets/contracts/etc) is necessary.
Proven interoperability at scale that surpasses the required specifications. Our entire platform consists of interoperable blockchains connected to each other and traditional systems. APIs are well documented. Third party permissions are possible with a simple smart contract without the end user being aware. No need to learn any specialized proprietary language. Any code base (not subsets) is usable within a Docker container. Interoperable with any blockchain or traditional APIs. We’ve witnessed relatively complex systems built by engineers with no blockchain or cryptocurrency experience. We’ve also demonstrated the creation of smart contracts within minutes built with BASH shell and Node.js. Please see our source code and API documentation.

Scaling solutions should be extensible and allow third parties to build on top of it Open source and extensible
APIs should be well documented and stable

Documentation should be clear and complete
For full documentation, explore our docs, SDK’s, Github repo’s, architecture documents, original Disney documentation, and other links or resources provided in this proposal.

Third-party permissionless integrations should be possible & straightforward Smart contracts are Docker based, can be written in any language, use full language (not subsets), and can therefore be integrated with any system including traditional system APIs. Simple is better. Learning an uncommon or proprietary language should not be necessary.
Advanced knowledge of mathematics, cryptography, or L2 scaling should not be required. Compatibility with common utilities & toolchains is expected.
Dragonchain business nodes and smart contracts leverage Docker to allow the use of literally any language or executable code. No proprietary language is necessary. We’ve witnessed relatively complex systems built by engineers with no blockchain or cryptocurrency experience. We’ve also demonstrated the creation of smart contracts within minutes built with BASH shell and Node.js.

Bonus

Bonus Points: Show us how it works. Do you have an idea for a cool new use case for Community Points? Build it!

TIME

Community points could be awarded to Reddit users based upon TIME too, whereas the longer someone is part of a subreddit, the more community points someone naturally gained, even if not actively commenting or sharing new posts. A daily login could be required for these community points to be credited. This grants awards to readers too and incentivizes readers to create an account on Reddit if they browse the website often. This concept could also be leveraged to provide some level of reputation based upon duration and consistency of contribution to a community subreddit.

Dragon Den

Dragonchain has already built a social media platform that harnesses community involvement. Dragon Den is a decentralized community built on the Dragonchain blockchain platform. Dragon Den is Dragonchain’s answer to fake news, trolling, and censorship. It incentivizes the creation and evaluation of quality content within communities. It could be described as being a shareholder of a subreddit or Reddit in its entirety. The more your subreddit is thriving, the more rewarding it will be. Den is currently in a public beta and in active development, though the real token economy is not live yet. There are different tokens for various purposes. Two tokens are Lair Ownership Rights (LOR) and Lair Ownership Tokens (LOT). LOT is a non-fungible token for ownership of a specific Lair. LOT will only be created and converted from LOR.
Energy (NRG) and Matter (MTR) work jointly. Your MTR determines how much NRG you receive in a 24-hour period. Providing quality content, or evaluating content will earn MTR.

Security. Users have full ownership & control of their points.
All community points awarded based upon any type of activity or gift, are secured and provable to all Interchain networks (currently BTC, ETH, ETC). Users are free to spend and withdraw their points as they please, depending on the features Reddit wants to bring into production.

Balances and transactions cannot be forged, manipulated, or blocked by Reddit or anyone else
Users can withdraw their balance to their ERC20 wallet, directly through Reddit. Reddit can cover the fees on their behalf, or the user covers this with a portion of their balance.

Users should own their points and be able to get on-chain ERC20 tokens without permission from anyone else
Through our console users can withdraw their ERC20 rewards. This can be achieved on Reddit too. Here is a walkthrough of our console, though this does not show the quick withdrawal functionality, a user can withdraw at any time. https://www.youtube.com/watch?v=aNlTMxnfVHw

Points should be recoverable to on-chain ERC20 tokens even if all third-parties involved go offline
If necessary, signed transactions from the Reddit system (e.g. Reddit + Subreddit) can be sent to the Ethereum smart contract for minting.

A public, third-party review attesting to the soundness of the design should be available
To our knowledge, at least two large corporations, including a top 3 accounting firm, have conducted positive reviews. These reviews have never been made public, as Dragonchain did not pay or contract for these studies to be released.

Bonus points
Public, third-party implementation review available or in progress
See above

Compatibility with HSMs & hardware wallets
For the purpose of this proposal, all tokenization would be on the Ethereum network using standard token contracts and as such, would be able to leverage all hardware wallet and Ethereum ecosystem services.

Other Considerations

Minting/distributing tokens is not performed by Reddit directly
This operation can be automated by smart contract on Ethereum. Subreddits can if desired have a role to play.

One off point burning, as well as recurring, non-interactive point burning (for subreddit memberships) should be possible and scalable
This is possible and scalable with interaction between Dragonchain Reddit system and Ethereum token contract(s).

Fully open-source solutions are strongly preferred
Dragonchain is fully open source (see section on Disney release after conclusion).

Conclusion

Whether it is today, or in the future, we would like to work together to bring secure flexibility to the highest standards. It is our hope to be considered by Ethereum, Reddit, and other integrative solutions so we may further discuss the possibilities of implementation. In our public demonstration, 256 million transactions were handled in our operational network on chain in 24 hours, for the low cost of $25K, which if run today would cost $625. Dragonchain’s interoperable foundation provides the atmosphere necessary to implement a frictionless community points system. Thank you for your consideration of our proposal. We look forward to working with the community to make something great!

Disney Releases Blockchain Platform as Open Source

The team at Disney created the Disney Private Blockchain Platform. The system was a hybrid interoperable blockchain platform for ledgering and smart contract development geared toward solving problems with blockchain adoption and usability. All objective evaluation would consider the team’s output a success. We released a list of use cases that we explored in some capacity at Disney, and our input on blockchain standardization as part of our participation in the W3C Blockchain Community Group.
https://lists.w3.org/Archives/Public/public-blockchain/2016May/0052.html

Open Source

In 2016, Roets proposed to release the platform as open source to spread the technology outside of Disney, as others within the W3C group were interested in the solutions that had been created inside of Disney.
Following a long process, step by step, the team met requirements for release. Among the requirements, the team had to:
  • Obtain VP support and approval for the release
  • Verify ownership of the software to be released
  • Verify that no proprietary content would be released
  • Convince the organization that there was a value to the open source community
  • Convince the organization that there was a value to Disney
  • Offer the plan for ongoing maintenance of the project outside of Disney
  • Itemize competing projects
  • Verify no conflict of interest
  • Preferred license
  • Change the project name to not use the name Disney, any Disney character, or any other associated IP - proposed Dragonchain - approved
  • Obtain legal approval
  • Approval from corporate, parks, and other business units
  • Approval from multiple Disney patent groups Copyright holder defined by Disney (Disney Connected and Advanced Technologies)
  • Trademark searches conducted for the selected name Dragonchain
  • Obtain IT security approval
  • Manual review of OSS components conducted
  • OWASP Dependency and Vulnerability Check Conducted
  • Obtain technical (software) approval
  • Offer management, process, and financial plans for the maintenance of the project.
  • Meet list of items to be addressed before release
  • Remove all Disney project references and scripts
  • Create a public distribution list for email communications
  • Remove Roets’ direct and internal contact information
  • Create public Slack channel and move from Disney slack channels
  • Create proper labels for issue tracking
  • Rename internal private Github repository
  • Add informative description to Github page
  • Expand README.md with more specific information
  • Add information beyond current “Blockchains are Magic”
  • Add getting started sections and info on cloning/forking the project
  • Add installation details
  • Add uninstall process
  • Add unit, functional, and integration test information
  • Detail how to contribute and get involved
  • Describe the git workflow that the project will use
  • Move to public, non-Disney git repository (Github or Bitbucket)
  • Obtain Disney Open Source Committee approval for release
On top of meeting the above criteria, as part of the process, the maintainer of the project had to receive the codebase on their own personal email and create accounts for maintenance (e.g. Github) with non-Disney accounts. Given the fact that the project spanned multiple business units, Roets was individually responsible for its ongoing maintenance. Because of this, he proposed in the open source application to create a non-profit organization to hold the IP and maintain the project. This was approved by Disney.
The Disney Open Source Committee approved the application known as OSSRELEASE-10, and the code was released on October 2, 2016. Disney decided to not issue a press release.
Original OSSRELASE-10 document

Dragonchain Foundation

The Dragonchain Foundation was created on January 17, 2017. https://den.social/l/Dragonchain/24130078352e485d96d2125082151cf0/dragonchain-and-disney/
submitted by j0j0r0 to ethereum [link] [comments]

Best places to trade your Ripple/XRP (longer read)

In the past when you heard the word ‘cryptocurrency’, the first thing that came to everyone’s minds was Bitcoin. To some, this is still the case; they believe that Bitcoin is the cryptocurrency and the vice versa to also be true.
Of course, the statement is correct in one way; Bitcoin is a cryptocurrency, but cryptocurrency is not made up of only Bitcoin but a host of other currencies. One of these currencies is Ripple.
When it comes to the top five cryptocurrencies with the highest capitalization, Ripple needs no introduction as it has managed to secure a position of being the third most traded cryptocurrency around the world. Perhaps this is due to the fact that Ripple is the only cryptocurrency with a backing from traditional legacy financial institutions.
In addition, the coin has been integrated into the operation of thousands of small businesses around the world.
At this juncture, it is only fair that you learn how to be a part of this great innovation. Thankfully, that is what this guide is all about, showing you some of the best trading platforms for Ripple.
There are numerous exchanges that offer decent exchange rates and well-matched trading pairs, but I’ll only narrow down to some of our best picks to help you get started fast.

What is Ripple (XRP)?

Ripple is a cryptocurrency, a currency exchange, a real-time gross settlement payment system, and a remittance network powered by Ripple. As I mentioned before, this is the third most capitalized cryptocurrency asset after Bitcoin and Ethereum.
XRP allows enterprises such as banks and other financial service providers to offer their clients a reliable option to source for liquidity for cross-border currency transactions.
Ripple is a distributed, open-source platform that seeks to capitalize on the weaknesses of the conventional money payment systems such as credit and debit cards, PayPal, bank transfers, among others. According to Ripple, these payment systems expose users to a lot of transaction delays and restrict the fluidity of currencies.
The platform aims at replacing traditional payment systems through offering a faster, safer, and more convenient alternative for making payments.
Both the platform’s exchange and tokens are called Ripple, and their mantra states one frictionless experience to send money globally.

Where Can I Trade XRP?

Most exchanges that trade Ripple are limited to crypto-to-crypto transactions. This means that you can only trade Ripple with another cryptocurrency and not fiat currencies such as the euro or the dollar.
You’ll need to acquire the currency you wish to trade with XRP on a platform that accepts fiat, and once that happens, you can proceed to trade the two currencies.
There are several great platforms that offer XRP trading; below are just a few:

Buying XRP on Binance

Binance is an exchange that was established in 2017 but has bagged a reputation worth over 10 years of existence. This, the team claims, is due to a number of features offered by the platform including better security controls, low trading fee (0.05%), as well as its faster transacting speeds.
To buy or trade XRP on Binance, you’ll need to set up an account on the exchange. The platform offers a fast signup process and actually accepts users from all around the world.
Once you’re done signing up, navigate to the fund’s section and click on “Deposits”. You will find all the listed cryptocurrencies supported by the Binance platform.
Since Binance does not support the purchase of Ripple using fiat currencies, you’ll need to acquire another cryptocurrency such as Bitcoin or Ethereum and use it to acquire XRP.
This will require you to use a platform such as Coinbase that accepts fiat currencies when buying cryptos. Getting started on Coinbase is quite simple. Head over to their website and click on the “Get Started” icon on the top right corner of your screen.
Fill in the required fields and read through their User Agreement and Privacy Policy documents, then create your account.
You’ll receive an email that will require you to verify your signup details together with your phone number.
You will then gain access to your created account.
Proceed to buy your coins; preferably, choose either Bitcoin or Ethereum as they have higher liquidities. Once you’re done, your coins will be received in your online Coinbase account.
Head over to the menu indicated as “Account” and click on it.
Click on “Send” and enter the number of coins you wish to send to your Binance wallet. Copy and paste the address of your Binance account to Coinbase, then click send to transfer the funds.
The purchased cryptocurrency will be received and on Binance, you can go ahead and trade it with Ripple.

Buying XRP on Bittrex

Just like on Binance, you’ll need to create an account on Bittrex to get started.
The process is pretty much straightforward, only requiring you to sign up using your email address and password.
Once you’re done signing up, click on the wallet tab. You will be taken to a page where you can view all the deposit addresses of the cryptocurrencies on the Bittrex platform.
You can then choose the currency to use to purchase XRP, after which, you will be required to type in the code of the currency you will be using to purchase Ripple. If you’re using Ethereum, you can type in the search bar “ETH” and then click on the green arrow to reveal the deposit address. In case you will be sending the funds from a different exchange, you’ll need to paste the address to that platform.
Next, you’ll need to send funds to your Bittrex account. Bittrex permits payments using both fiat and cryptocurrencies. So, depending on what you will be using, send money to your online wallet and proceed to trade it with Ripple.

Buying XRP on Changelly

Changelly is another Ripple exchange that requires you to use either Bitcoin or Ethereum to acquire XRP.
The exchange doesn’t have an inbuilt wallet, so you’ll need to store your funds on a separate hardware or software wallet. You can pretty much use any type of wallet, but the most secure ones are the hardware ones as they store your coins in an offline cold storage area.
Ripple prefers not to have many unutilized accounts being set up on its platform; this is why you’ll need to have a minimum of 20 XRP in your account for you to get started. However, if your first transaction will be more than 20 XRP, then you’re all set.
Once you have a wallet ready for your Ripple, head to the Changelly site and click on “input currency”. Here, you will be able to enter the currency you wish to trade for Ripple.
You can basically pick and use any coin listed on the site, but it is highly recommended that you use either Bitcoin or Ethereum due to their high liquidity.
The output section will have Ripple, which is the currency you wish to receive.
The next step will require you to key in your XRP address, which is your Ripple address and the destination tag, which is a description of the transaction.
You can now proceed to trade your chosen coins for Ripple. The transaction shouldn’t take long, and you will be able to receive the coins in your Ripple wallet.

Cryptmixer

Cryptmixer is a platform that assists users to swap XRP with 5 other assets freely. The interface lets users convert assets directly from one’s wallet, without having to create an account or register. Besides, the service helps to compare different providers and find a suitable deal for handling Ripple transactions securely, rapidly, and at the best rate.
The process of using Cryptmixer is quite simple:
  1. Go to the main page, choose the currency you’d like to swap, and enter the amount.
  2. Choose XRP to receive.
  3. Review the amount to see how much you will receive. Cryptmixer will automatically find the best rates for your trade.
  4. Click Exchange.
  5. Then, enter the wallet address that you wish to use.
  6. Send in the deposit to the generated wallet address and wait for the transaction to be processed.
What makes Cryptmixer a great fit is that it provides a very simple layout and quick process so it’s not chore when you trade your crypto. The support line also takes on the job of solving the cases by cooperating with users with top priority.
To learn more on how to exchange XRP at the best rate check https://cryptmixer.com

Buying XRP on Coinmama

Coinmama is a cryptocurrency exchange that has been around for quite a while now. The Coinmama team has been adding more coins on their platform over time to be able to provide its users with a wider variety of trading pairs.
More recently, the platform included Ripple on its platform. However, Coinmama does not allow US-based users to purchase Ripple due to some stringent laws and regulations surrounding the coin.
But for non-US users, you can proceed to create your account on the platform and locate Ripple among the listed assets.
Once you’ve created your account, navigate your way to the area with the list of assets. Select one of the provided packages and proceed.
You’re required to have a crypto wallet prior to making any purchase on the platform, so be sure to have a valid wallet address before completing the purchase. Once that’s done, purchase your Ripple coins and they will be delivered to your wallet.

Storing Your Ripple Coins

Online storages are never safe for cryptocurrency assets. Individuals have woken up to all sort of horrific sceneries on their accounts that left them bankrupt with no one to turn to.
One of the most important concepts you need to grasp about online businesses is the security of your transactions.
Cryptocurrency burglars are everywhere and are getting smarter by the day; this means that traditional ways of guaranteeing the security of your online assets are no longer effective.
Most exchanges have top-notch security standards, but the safety of your cryptos begins with you. A great way of ensuring that your funds are secure is by getting an offline storage device for your coins. I’ve seen great reviews on two hardware wallets that I highly recommend; these are the Ledger Nano S and Trezor wallets.
After getting the wallet of your choice, keep your personal data such as passwords and secret words private; this will ensure that no one else gains access to your wallet even if you misplace it. Writing your password or PIN on open places or somewhere in your phone might not be a good idea; yes, it may be convenient for you, but it will be for the burglar too.

What method of purchasing XRP is considered to be the best?

The most secure and common way of acquiring Ripple is through buying Ethereum or Bitcoin from Coinbase or Coinmama, then transferring the same to Cryptmixer to use to exchange with Ripple.
This is because Ripple is currently not available for purchase by using fiat currencies.

What is the best trading platform for Ripple?

Ripple is available on a decent number of exchanges including Binance, Coinmama, Coinbase, Bittrex, Cryptmixer, and more. However, among the stated ones, I have found Cryptmixer to be more secure and easier to use while it also offers the best trading rates and fees.

The Bottom Line

As we conclude, you now have some of the best choices when it comes to the exchange to acquire Ripple coins. After buying your XRP coins, store them offline on a secure device due to the risk of being faced by threats such as hacking or system failures.
If you’re serious about making cryptocurrency your investment vehicle in the long run, consider investing in a more lasting security solution such as a hardware storage device. You may not get them for a few pennies, but trust me when I say they are worth every last dime you spend on them.
submitted by MonishaNuij to MonMonCrypto [link] [comments]

Royal Vegas Casino Canada 50 free spins bonus on jackpot games

Royal Vegas Casino Canada 50 free spins bonus on jackpot games

Royal Vegas Casino Full Review
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Bonuses & Promotions

We appreciate the bonus and promotional program that this casino has put together for its players for a few reasons.
The first is that the site and the program are not overwhelming and packed with a reload bonus here and a reload bonus there and throw in some free spins three times a day as long as you make ten deposits a week. You know, that type of thing…
Instead, there’s a standard welcome bonus package that’s nothing different than most that you’ll find through internet casinos. But, what creates some real value add opportunities are the loyalty program plus the limited time promotions.
We’re going to detail the current promotion for you in just a minute but, what’s great about it is that there’s no deposit required If you’re on the site to do some betting, you can get in on the action and have some fun participating and spinning the wheel for prizes. It’s frustrating to see some great rewards up for grabs but then read the small print and find out that it’ll cost you hundreds to even get in the running, and that’s not the case here. Play your favorite game and wager as you normally would, and you’re part of the promotion.
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$1,200 Welcome Bonus Package + 50 Free Spins

New players can get in on a three-part reward that includes both a deposit match plus some free spins on three different designated slot games. That’s good news. The not quite as good news is that you have to rollover the bonus 40 times before you can cash anything out. This site offers two types of tracking, though, so you’ll need to get further clarification on meeting any wagering requirement and find out if you’re on a percentage tracking system or in protected bonus mode as it will make a difference.

The Welcome Package

  • #1: 100% matching bonus up to $400 plus 50 free spins on MEGA MOOLAH
  • #2: 100% matching bonus up to $400
  • #3: 100% matching bonus up to $400

Limited Time Promotions

Royal Vegas features a current promotion that runs for about a month or so, and it also provides information on past contests so new players can get a good idea of what to expect in the future.
When we checked in, the current promotion was “Wild Wins” with a €300,000 instant prize pool at stake. This is the kind of bonus that we like to see because it’s not tied into a deposit requirement. Those types of things get old. You want some extra value while you’re playing instead of having to fund your player account over and over again.
So, the way Wild Wins works (say that three times fast) is that you log in and play your favorite game in the casino. The more you bet, the faster you fill your progress bar with rewards points. Every time you get up to 100% on that meter, you get a spin on the jungle wheel
The jungle wheel has prizes that include free spins, rewards points, or a trip to the bonus round where you can get in on the big stuff. They’re all instant prizes, and you can spin as many times as you fill that progress bar.
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Royal Vegas Rewards Program

If you’re familiar with online casino VIP programs, you’ll immediately understand this one. It’s a four-tiered club, and every new player is automatically enrolled as soon as they complete registration of their betting account.
The tiers are:
  • Silver
  • Gold
  • Platinum
  • Diamond
Silver is the starting point and, just to get the ball rolling, new members get 2,500. From there, points are earned based on your betting, with slots providing one point for every credit bet. Some table games provide at a rate of one point per five credits but, when you get to Classic Blackjack and All Aces Video Poker, you need to do some substantial wagering. It takes 100 credits to earn one point when you play those two games.
As soon as you earn 10,000 in one month, you hit the Gold status and then you’ll receive a birthday present, accelerated earnings, and a monthly loyalty bonus. Get all the way to Platinum with 75,000 points in one month, and all of those rewards are multiplied significantly. Plus, once you reach 5,000 points you can convert them to cash whenever you want. They exchange at €1 for every 1,000 points redeemed. Cash to points and points to cash.

Money Transfers – In and Out

If you’ve read some of our reviews, you may have noticed that we like full disclosure when it comes to banking. We want to see options right up front for everyone to review and not hidden behind a password so that customers need to register to find out if they can even deposit using their financial accounts.
While this casino does provide a good, detailed list of all of the available financial providers that they use for deposits and withdrawals, what it doesn’t provide is accurate information on their turnaround times for processing and any fees that may be imposed.
It does say that some fees may apply, and we do know that there is a minimum 24 hour waiting period before an internal approval is made on cash out requests, but that’s the extent of it.
We’re putting the focus on this because cash outs with Royal Vegas are one of the most discussed topics in player forums about the casino. You will see some very complimentary comments stating they had money in hand within seven days. But, you’ll also find some people report that they went through a very lengthy withdrawal process and didn’t feel that customer service did much to help them or clarify things.
Just like opinions, money issues will vary from person to person so we can’t give a definitive answer here, but you will want to keep this information in mind if you are someone who demands a quick turnaround as you may not find one through this site.
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Deposit Options

It’s typical for a casino to have many ways to deposit and fewer withdrawal methods and that is also the case here. But, there are so many withdrawal options that the expanded “cash in” list goes on and on. Unless you are a Bitcoin user, your preferred banking method is surely on this list.
The minimum deposit for all of these methods is 10. However, you can sign up with a lower minimum deposit, but then forfeit the free spins that are included in the welcome bonus package.
That’s quite a list, isn’t it?! There are some other currency restrictions but just click on banking and then the deposit tab and you’ll be able to review the currency options that specifically apply to you.

Withdrawals

There aren’t specific guidelines on payout approvals and fees. The internal approval takes a minimum of 24 hours and could take longer and then it’s in the hands of the payment processor or bank.
  • Visa Credit Card
  • Visa Debit Card
  • Solo
  • Neteller
  • Skrill
  • ecoPayz
  • Entropay
  • Instant Banking by Citadel
  • WebMoney
  • CartaSi by Moneybookers
  • Diners Club
  • GiroPay by Moneybookers
  • Solo by Moneybookers
  • Nordea by Moneybookers
  • Sofort by Moneybookers
  • Cheque
  • iDebit
As far as fees, we contacted customer service and were told that any charges depend on the method that you’re using. They don’t have published guidelines, so you will want to keep that in mind. We highly suggest contacting customer service and providing your country, currency, the financial method you’re selecting, and approximate transfer amount and get all of the details up front, so you’re not disappointed later.

Game Variety

Thumbs up to Royal Vegas for providing a great variety that includes specialty, video poker, some unusual table games, and both reel and video slots courtesy of Microgaming. Not all of them appear in the mobile casino, so specialty players need to pull up the full website version.

Audio and Video Quality

As long as you have Flash installed first, the user interface is very easy, and the quality is as good as it gets with these particular titles. We found them to be fast loading and the graphics crisp and clear.

Software

  • Microgaming
  • Evolution Gaming
  • Netent

Mobile Casino

171 games appeared for us on an Android device. While we couldn’t find the specialty games, slots, table games, video poker, and the full live casino area were all ready to go for us with a clear picture and touchscreen operation.

Slots: 350 (148 on mobile)

The slot banks are all together as there aren’t different versions separated out, but you can sort them alphabetically or search for a particular title to quickly locate your favorite. Slots can also be played in free play mode so you can try out some without risking money at the same time.

A Few of the Newer Games Include

  • 108 Heroes – Multiplier Fortunes
  • Gnome Wood
  • Emoti Coins
  • Oink Country Love
You can even filter the games with a Hot and Cold designation. If you use that particular function, you’ll get a new list of games with either flames or a snowflake next to them, which is kind of a fun way to narrow down your selections.

Some of the Reel Slots

  • Jurassic Jackpot
  • Bar Bar Black Sheep
  • 7 Oceans
  • Couch Potato
  • Flo’s Diner
  • Jester’s Jackpot
  • Wheel of Wealth
  • Jewel Thief
  • Joker 8000
  • Gladiators Gold

Video Slots

And, what Microgaming is known for, those intricate video slots with amazing graphics and video, and featuring some unusual bonus games.
  • Jungle Jim El Dorado
  • Thunderstruck II
  • Shoot!
  • Jurassic Park
  • Bridesmaids
  • Jekyll and Hyde
  • MegasSpin – Break da Bank Again
  • Game of Thrones
  • Wheel of Wealth – Multiplayer
  • Hitman

Progressive Jackpots

When you talk about slots provided by Microgaming, the focus is usually more on the progressive jackpots as this software giant offers some of the more well-known big money games. Royal Vegas provides a running total of the current combined progressive amounts available on the site. Just in case you were wondering, it was $6.2 million when we last checked.
  • Mega Moolah
  • Mega Moolah Isis
  • Major Millions
  • Cash Splash
  • Treasure Nile
  • King Cashalot
  • Tunzamunni
  • Fruit Fiesta
  • Lots a Loot
  • Jackpot Deuces
  • Wow! Pot
  • Cyberstud Poker
Major Millions, Fruit Fiesta, and Lots a Loot each have two versions, a three reel and a five reel but boast the same top payout amounts.

Video Poker: 26 (seven on mobile)

It can get monotonous to talk about video poker as it’s typically not well-represented on online casinos compared to its presence in brick and mortars. When it is online, there are usually only a few of the most basic games like Jacks or Better and Deuces Wild. While this site’s video poker collection isn’t what you would call massive, there are some fun variations that we appreciate, as it gives those poor neglected poker players some choices.
  • Tens or Better
  • Louisiana Double
  • Deuces Wild 4 Up
  • Aces and Faces Poker
  • Cyberstud Poker
  • Deuces and Joker Power Poker
  • All American
  • All Aces
  • Bonus Poker Deluxe
  • Aces and Eights

Table Games: 50 (eight on mobile)

When you access the table game area, you’ll see 58 tables as opposed to 50 but that’s because the live dealer tables are also included, and we’re breaking them out so you can get a better picture of what this casino has to offer.
A few of the “non live” options include:
  • Double Exposure Blackjack
  • Vegas Strip Blackjack Gold
  • Big Five Blackjack Gold
  • Multi Wheel Roulette Gold
  • Three Card Poker Gold – Single Hand
  • Baccarat Gold
  • Hold ’em High Gold
  • High-Speed Poker
  • European Blackjack Gold Series High Streak
  • Craps

Scratch Cards: 20 (zero on mobile)

Although we didn’t find any of these games on our smartphone, there are plenty of specialty type games on the full website for instant or download play.
  • Flip Card
  • Wild Champions
  • Mumbai Magic
  • Card Climber
  • Golden Ghouls
  • Bowled Over
  • Plunder the Sea
  • Offside and Seek
  • Halloweenies
  • Dawn of the Bread

Casual Games: 33 (zero on mobile)

Another section that we couldn’t find in the mobile casino, but this casual games section has a lot of variety to it
  • Hexaline
  • Keno
  • Four by Four
  • Whack a Jackpot
  • Max Damage and the Alien Attack
  • Pharoah Bingo
  • Electro Bingo
  • Pick ‘N Switch
  • Beer Fest
  • Bubble Bonanza

Live Casino: eight (eight on mobile)

Although live casino doesn’t appear in the middle menu where all of the other gaming menu items are featured, there is a live casino selection from the top menu. Oddly enough, though, when you click on it, it takes you to the main slots area. At first, we didn’t think there was a live casino, but when we headed into the table game section, there were eight live tables in action.
Except for Live Dream Catcher, the tables in the in this area are provided by Evolution Gaming.
  • Live Dream Catcher
  • Live Blackjack
  • Private Blackjack (2)
  • Live Casino Hold ’em
  • Live Caribbean Stud Poker
  • Live Roulette
  • Live 3 Card Poker

Customer Service

  • Contact Email: via contact form
  • Contact Phone (Canada): 1-866-7452416
  • Contact Phone (Australia): 1-800-658640
  • Contact Phone (other areas): different numbers per language in the contact us area
  • WhatsApp: +27 76 073 9635
  • Skype: Link on Contact Page
  • Live Chat: Available 24/7
We did make contact with the customer service department to clarify a few things about their banking minimums and fees. In some forums, we saw that players weren’t answered promptly, but our live chat started within one minute. The most we waited for a reply to one of the questions was three minutes.
On the other hand, we weren’t overwhelmed with the quality of the responses. It was like pulling teeth to try to get an answer and, when we did, it was short and barely scratched the surface of what we asked. So, we can certainly understand the frustration that some people experienced, especially if they were trying to get information on a payout they’re owed.

Summary

When we look at a casino that features one and only one software provider, it’s difficult to be creative in our assessment. Microgaming is a top company and offers some of the best games around, so slot players who know these games already know what to expect.
If you pull up the Microgaming website and look at their top “creations,” you’ll find most, if not all, of them on Royal Vegas, not to mention those big jackpot providers like Major Millions.
We do like that this site offers more than just a focus on slots. The specialty games area is chock full of possibilities for people who would rather play something different. There are a lot of players who enjoy keno or bingo or scratch offs, and they’re all set as long as they play the full site version and aren’t mobile casino players.
Video poker and table games are plentiful and have a good variety in addition to a suitable quantity.
Evolution Gaming is behind the live dealer tables, and it’s one of the best for this type of “real person” table action, so that’s another feather in Royal Vegas’ cap.
Taking a look the rest of the service, though, there are some positives and negatives.
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submitted by freespins1 to u/freespins1 [link] [comments]

ETHE & GBTC (Grayscale) Frequently Asked Questions

It is no doubt Grayscale’s booming popularity as a mainstream investment has caused a lot of community hullabaloo lately. As such, I felt it was worth making a FAQ regarding the topic. I’m looking to update this as needed and of course am open to suggestions / adding any questions.
The goal is simply to have a thread we can link to anyone with questions on Grayscale and its products. Instead of explaining the same thing 3 times a day, shoot those posters over to this thread. My hope is that these questions are answered in a fairly simple and easy to understand manner. I think as the sub grows it will be a nice reference point for newcomers.
Disclaimer: I do NOT work for Grayscale and as such am basing all these answers on information that can be found on their website / reports. (Grayscale’s official FAQ can be found here). I also do NOT have a finance degree, I do NOT have a Series 6 / 7 / 140-whatever, and I do NOT work with investment products for my day job. I have an accounting background and work within the finance world so I have the general ‘business’ knowledge to put it all together, but this is all info determined in my best faith effort as a layman. The point being is this --- it is possible I may explain something wrong or missed the technical terms, and if that occurs I am more than happy to update anything that can be proven incorrect
Everything below will be in reference to ETHE but will apply to GBTC as well. If those two segregate in any way, I will note that accordingly.
What is Grayscale? 
Grayscale is the company that created the ETHE product. Their website is https://grayscale.co/
What is ETHE? 
ETHE is essentially a stock that intends to loosely track the price of ETH. It does so by having each ETHE be backed by a specific amount of ETH that is held on chain. Initially, the newly minted ETHE can only be purchased by institutions and accredited investors directly from Grayscale. Once a year has passed (6 months for GBTC) it can then be listed on the OTCQX Best Market exchange for secondary trading. Once listed on OTCQX, anyone investor can purchase at this point. Additional information on ETHE can be found here.
So ETHE is an ETF? 
No. For technical reasons beyond my personal understandings it is not labeled an ETF. I know it all flows back to the “Securities Act Rule 144”, but due to my limited knowledge on SEC regulations I don’t want to misspeak past that. If anyone is more knowledgeable on the subject I am happy to input their answer here.
How long has ETHE existed? 
ETHE was formed 12/14/2017. GBTC was formed 9/25/2013.
How is ETHE created? 
The trust will issue shares to “Authorized Participants” in groups of 100 shares (called baskets). Authorized Participants are the only persons that may place orders to create these baskets and they do it on behalf of the investor.
Source: Creation and Redemption of Shares section on page 39 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
Note – The way their reports word this makes it sound like there is an army of authorizers doing the dirty work, but in reality there is only one Authorized Participant. At this moment the “Genesis” company is the sole Authorized Participant. Genesis is owned by the “Digital Currency Group, Inc.” which is the parent company of Grayscale as well. (And to really go down the rabbit hole it looks like DCG is the parent company of CoinDesk and is “backing 150+ companies across 30 countries, including Coinbase, Ripple, and Chainalysis.”)
Source: Digital Currency Group, Inc. informational section on page 77 of the “Grayscale Bitcoin Trust (BTC) Form 10-K (2019)” – Located Here
Source: Barry E. Silbert informational section on page 75 of the “Grayscale Bitcoin Trust (BTC) Form 10-K (2019)” – Located Here
How does Grayscale acquire the ETH to collateralize the ETHE product? 
An Investor may acquire ETHE by paying in cash or exchanging ETH already owned.
Source: Creation and Redemption of Shares section on page 40 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
Where does Grayscale store their ETH? Does it have a specific wallet address we can follow? 
ETH is stored with Coinbase Custody Trust Company, LLC. I am unaware of any specific address or set of addresses that can be used to verify the ETH is actually there.
As an aside - I would actually love to see if anyone knows more about this as it’s something that’s sort of peaked my interest after being asked about it… I find it doubtful we can find that however.
Source: Part C. Business Information, Item 8, subsection A. on page 16 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
Can ETHE be redeemed for ETH? 
No, currently there is no way to give your shares of ETHE back to Grayscale to receive ETH back. The only method of getting back into ETH would be to sell your ETHE to someone else and then use those proceeds to buy ETH yourself.
Source: Redemption Procedures on page 41 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
Why are they not redeeming shares? 
I think the report summarizes it best:
Redemptions of Shares are currently not permitted and the Trust is unable to redeem Shares. Subject to receipt of regulatory approval from the SEC and approval by the Sponsor in its sole discretion, the Trust may in the future operate a redemption program. Because the Trust does not believe that the SEC would, at this time, entertain an application for the waiver of rules needed in order to operate an ongoing redemption program, the Trust currently has no intention of seeking regulatory approval from the SEC to operate an ongoing redemption program.
Source: Redemption Procedures on page 41 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
What is the fee structure? 
ETHE has an annual fee of 2.5%. GBTC has an annual fee of 2.0%. Fees are paid by selling the underlying ETH / BTC collateralizing the asset.
Source: ETHE’s informational page on Grayscale’s website - Located Here
Source: Description of Trust on page 31 & 32 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
What is the ratio of ETH to ETHE? 
At the time of posting (6/19/2020) each ETHE share is backed by .09391605 ETH. Each share of GBTC is backed by .00096038 BTC.
ETHE & GBTC’s specific information page on Grayscale’s website updates the ratio daily – Located Here
For a full historical look at this ratio, it can be found on the Grayscale home page on the upper right side if you go to Tax Documents > 2019 Tax Documents > Grayscale Ethereum Trust 2019 Tax Letter.
Why is the ratio not 1:1? Why is it always decreasing? 
While I cannot say for certain why the initial distribution was not a 1:1 backing, it is more than likely to keep the price down and allow more investors a chance to purchase ETHE / GBTC.
As noted above, fees are paid by selling off the ETH collateralizing ETHE. So this number will always be trending downward as time goes on.
Source: Description of Trust on page 32 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
I keep hearing about how this is locked supply… explain? 
As noted above, there is currently no redemption program for converting your ETHE back into ETH. This means that once an ETHE is issued, it will remain in circulation until a redemption program is formed --- something that doesn’t seem to be too urgent for the SEC or Grayscale at the moment. Tiny amounts will naturally be removed due to fees, but the bulk of the asset is in there for good.
Knowing that ETHE cannot be taken back and destroyed at this time, the ETH collateralizing it will not be removed from the wallet for the foreseeable future. While it is not fully locked in the sense of say a totally lost key, it is not coming out any time soon.
Per their annual statement:
The Trust’s ETH will be transferred out of the ETH Account only in the following circumstances: (i) transferred to pay the Sponsor’s Fee or any Additional Trust Expenses, (ii) distributed in connection with the redemption of Baskets (subject to the Trust’s obtaining regulatory approval from the SEC to operate an ongoing redemption program and the consent of the Sponsor), (iii) sold on an as-needed basis to pay Additional Trust Expenses or (iv) sold on behalf of the Trust in the event the Trust terminates and liquidates its assets or as otherwise required by law or regulation.
Source: Description of Trust on page 31 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
Grayscale now owns a huge chunk of both ETH and BTC’s supply… should we be worried about manipulation, a sell off to crash the market crash, a staking cartel? 
First, it’s important to remember Grayscale is a lot more akin to an exchange then say an investment firm. Grayscale is working on behalf of its investors to create this product for investor control. Grayscale doesn’t ‘control’ the ETH it holds any more then Coinbase ‘controls’ the ETH in its hot wallet. (Note: There are likely some varying levels of control, but specific to this topic Grayscale cannot simply sell [legally, at least] the ETH by their own decision in the same manner Coinbase wouldn't be able to either.)
That said, there shouldn’t be any worry in the short to medium time-frame. As noted above, Grayscale can’t really remove ETH other than for fees or termination of the product. At 2.5% a year, fees are noise in terms of volume. Grayscale seems to be the fastest growing product in the crypto space at the moment and termination of the product seems unlikely.
IF redemptions were to happen tomorrow, it’s extremely unlikely we would see a mass exodus out of the product to redeem for ETH. And even if there was incentive to get back to ETH, the premium makes it so that it would be much more cost effective to just sell your ETHE on the secondary market and buy ETH yourself. Remember, any redemption is up to the investors and NOT something Grayscale has direct control over.
Yes, but what about [insert criminal act here]… 
Alright, yes. Technically nothing is stopping Grayscale from selling all the ETH / BTC and running off to the Bahamas (Hawaii?). BUT there is no real reason for them to do so. Barry is an extremely public figure and it won’t be easy for him to get away with that. Grayscale’s Bitcoin Trust creates SEC reports weekly / bi-weekly and I’m sure given the sentiment towards crypto is being watched carefully. Plus, Grayscale is making tons of consistent revenue and thus has little to no incentive to give that up for a quick buck.
That’s a lot of ‘happy little feels’ Bob, is there even an independent audit or is this Tether 2.0? 
Actually yes, an independent auditor report can be found in their annual reports. It is clearly aimed more towards the financial side and I doubt the auditors are crypto savants, but it is at least one extra set of eyes. Auditors are Friedman LLP – Auditor since 2015.
Source: Independent Auditor Report starting on page 116 (of the PDF itself) of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
As mentioned by user TheCrpytosAndBloods (In Comments Below), a fun fact:
The company’s auditors Friedman LLP were also coincidentally TetheBitfinex’s auditors until They controversially parted ways in 2018 when the Tether controversy was at its height. I am not suggesting for one moment that there is anything shady about DCG - I just find it interesting it’s the same auditor.
“Grayscale sounds kind of lame” / “Not your keys not your crypto!” / “Why is anyone buying this, it sounds like a scam?” 
Welp, for starters this honestly is not really a product aimed at the people likely to be reading this post. To each their own, but do remember just because something provides no value to you doesn’t mean it can’t provide value to someone else. That said some of the advertised benefits are as follows:
So for example, I can set up an IRA at a brokerage account that has $0 trading fees. Then I can trade GBTC and ETHE all day without having to worry about tracking my taxes. All with the relative safety something like E-Trade provides over Binance.
As for how it benefits the everyday ETH holder? I think the supply lock is a positive. I also think this product exposes the Ethereum ecosystem to people who otherwise wouldn’t know about it.
Why is there a premium? Why is ETHE’s premium so insanely high compared to GBTC’s premium? 
There are a handful of theories of why a premium exists at all, some even mentioned in the annual report. The short list is as follows:
Why is ETHE’s so much higher the GBTC’s? Again, a few thoughts:

Are there any other differences between ETHE and GBTC? 
I touched on a few of the smaller differences, but one of the more interesting changes is GBTC is now a “SEC reporting company” as of January 2020. Which again goes beyond my scope of knowledge so I won’t comment on it too much… but the net result is GBTC is now putting out weekly / bi-weekly 8-K’s and annual 10-K’s. This means you can track GBTC that much easier at the moment as well as there is an extra layer of validity to the product IMO.
I’m looking for some statistics on ETHE… such as who is buying, how much is bought, etc? 
There is a great Q1 2020 report I recommend you give a read that has a lot of cool graphs and data on the product. It’s a little GBTC centric, but there is some ETHE data as well. It can be found here hidden within the 8-K filings.Q1 2020 is the 4/16/2020 8-K filing.
For those more into a GAAP style report see the 2019 annual 10-K of the same location.
Is Grayscale only just for BTC and ETH? 
No, there are other products as well. In terms of a secondary market product, ETCG is the Ethereum Classic version of ETHE. Fun Fact – ETCG was actually put out to the secondary market first. It also has a 3% fee tied to it where 1% of it goes to some type of ETC development fund.
In terms of institutional and accredited investors, there are a few ‘fan favorites’ such as Bitcoin Cash, Litcoin, Stellar, XRP, and Zcash. Something called Horizion (Backed by ZEN I guess? Idk to be honest what that is…). And a diversified Mutual Fund type fund that has a little bit of all of those. None of these products are available on the secondary market.
Are there alternatives to Grayscale? 
I know they exist, but I don’t follow them. I’ll leave this as a “to be edited” section and will add as others comment on what they know.
Per user Over-analyser (in comments below):
Coinshares (Formerly XBT provider) are the only similar product I know of. BTC, ETH, XRP and LTC as Exchange Traded Notes (ETN).
It looks like they are fully backed with the underlying crypto (no premium).
https://coinshares.com/etps/xbt-provideinvestor-resources/daily-hedging-position
Denominated in SEK and EUR. Certainly available in some UK pensions (SIPP).
As asked by pegcity - Okay so I was under the impression you can just give them your own ETH and get ETHE, but do you get 11 ETHE per ETH or do you get the market value of ETH in USD worth of ETHE? 
I have always understood that the ETHE issued directly through Grayscale is issued without the premium. As in, if I were to trade 1 ETH for ETHE I would get 11, not say only 2 or 3 because the secondary market premium is so high. And if I were paying cash only I would be paying the price to buy 1 ETH to get my 11 ETHE. Per page 39 of their annual statement, it reads as follows:
The Trust will issue Shares to Authorized Participants from time to time, but only in one or more Baskets (with a Basket being a block of 100 Shares). The Trust will not issue fractions of a Basket. The creation (and, should the Trust commence a redemption program, redemption) of Baskets will be made only in exchange for the delivery to the Trust, or the distribution by the Trust, of the number of whole and fractional ETH represented by each Basket being created (or, should the Trust commence a redemption program, redeemed), which is determined by dividing (x) the number of ETH owned by the Trust at 4:00 p.m., New York time, on the trade date of a creation or redemption order, after deducting the number of ETH representing the U.S. dollar value of accrued but unpaid fees and expenses of the Trust (converted using the ETH Index Price at such time, and carried to the eighth decimal place), by (y) the number of Shares outstanding at such time (with the quotient so obtained calculated to one one-hundred-millionth of one ETH (i.e., carried to the eighth decimal place)), and multiplying such quotient by 100 (the “Basket ETH Amount”). All questions as to the calculation of the Basket ETH Amount will be conclusively determined by the Sponsor and will be final and binding on all persons interested in the Trust. The Basket ETH Amount multiplied by the number of Baskets being created or redeemed is the “Total Basket ETH Amount.” The number of ETH represented by a Share will gradually decrease over time as the Trust’s ETH are used to pay the Trust’s expenses. Each Share represented approximately 0.0950 ETH and 0.0974 ETH as of December 31, 2019 and 2018, respectively.

submitted by Bob-Rossi to ethfinance [link] [comments]

How does Bitcoin ATM allow you to purchase Bitcoins?

How does Bitcoin ATM allow you to purchase Bitcoins?
https://preview.redd.it/f2tluqt1cfr51.jpg?width=2400&format=pjpg&auto=webp&s=9c5d4c926fd0ff5af215c26524537c1bf676b77b
Are you planning to invest in Bitcoin, well, there is no better time than today to invest in cryptocurrencies. There are many biotin exchange platforms where you can buy and sell Bitcoin. Amongst the various modes of going ahead with Bitcoin exchange, you can choose Bitcoin ATM for this. It is an easy way to buy and sell Bitcoin using a credit or debit card. When we are talking about bitcoin sale and purchase, we cannot miss speaking about Bitcoin Farming. In simple words, individuals who wish to become a part of the Bitcoin network, then you can do Bitcoin farming, which is nothing but extraction of the value of Bitcoin. Bitcoin farmers or Bitcoin miners solve computation problems, and they get rewarded for the same.
Bitcoin ATM: What should know?
Bitcoin ATM is a simple machine that is used for the sale and purchase of Bitcoin using debit and credit cards. Although Bitcoin has been there in the market for more than a decade now when it comes to Bitcoin ATM, these are a fairly new addition and easy to use and makes it easy for those who wish to exchange Bitcoin do that with ease.
The world got its first Bitcoin ATM in Vancouver, Canada, in 2013. At this ATM, the Bitcoin stalwarts can easily buy Bitcoin using the currency. This ATM is used to convert Bitcoin to Canadian Dollars and vice-versa. After this, Bitcoin ATMs have become very common. As of October 1st, 2020, there were around 10,503 Bitcoin ATMs globally.
Types of Bitcoin ATM:
There are two types of Bitcoin ATM:
· The basic one: These are used only to purchase Bitcoin
· Complex ones- These are used to buy and sell with virtual money. If you plan to use complex ATMs, you need to know that only the members of a particular ATM producer can use the ATM.
Some of the key players that are in the making of complex Bitcoin ATM are General Bytes, Genesis Coin. General Bytes has a market share of 30.3%, and Genesis Coin has a market share of 30.3 %.
The US has the highest number of Bitcoin ATM. Around 83% of the total global ATMs are located in North America.
Bitcoin exchange using General ATM
This is a general process of Bitcoin exchange using Bitcoin ATM, there may be slight variation in this, but the general process remains the same:
  1. The first step is verification (this may vary based on machine
  2. Now, you need to provide a Bitcoin address for deposit at some ATM.
  3. Insert cash into the ATM
  4. Confirm the operation (Bitcoin is sent to your Bitcoin address)
This is the basic step; however, you may find some variation in this based on ATM type. This is the right time to start investing in bitcoin, and with the prevalence of Bitcoin ATM, the task will become simpler.
Concluding thoughts-
To know more about Bitcoin and cryptocurrency exchange, log on to Blockchain Council. This is a leading platform that provides a Blockchain certification coursein Bitcoin and Blockchain. You can also learn about cryptocurrency trading. For more such interesting information, connect with Blockchain Council today.
submitted by Blockchain_org to BlockchainStartups [link] [comments]

Making Money with Cryptocurrency Faucets: "Dogemate"

Dogemate is a classic faucet site with a nice and essential user interface. By following our advice it will be fun to make money with faucets!
Initial premises: Dogemate is divided into 2 main pages with related specific menus. All earnings will be paid in DMT Coins which will be converted to Bitcoin, Ethereum, Dogecoin or USD at the time of the transfer. It also offers the possibility to transfer your earnings to all the most used online microwallets including popular platforms such as Coinbase. In addition to making money with faucets very easily, with Dogemate also transferring them is faster than most of the competing sites.

Let's proceed with the classic email / password registration.

Making money with cryptocurrency faucets
Once logged in, instead of describing the Dashboard as usual, we will jump back to the Home Page by clicking the word Dogemate at the top left. The menu items that interest us are Features, Info and Earn More.

Features displays in boxes all the services and features made available by the site; Info reports the news regarding the news introduced by Dogemate, the statistics of all members and the usual FAQs; Earn More lists a long list of other sites for making money with faucets. Not all of them are 100% reliable.

To return to the Dashboard, press the relevant button or Start Earning. In succession we will describe the main menu, the profile at the top right and the dashboard screen.

The main menu of Dogemate
The aforementioned menu is divided as follows:

- Dashboard: where are you now.

- Games: Dogemate's claim. Press Roll Game and on the next page solve the captcha. You will receive a certain number of DMTs determined by the number that will appear. If performed daily, you receive a percentage bonus that will grow day by day.

- Shortlinks: a long list of advertising pages, by viewing them you will receive in exchange a good number of DMT Coins.

- Offerwalls: a very high offer of the usual surveys or tasks by completing which you will be rewarded in DMT Coin.

- PTC, display advertising for a fee. The only obligation is to leave the screen open until the counter ends without necessarily displaying it on the screen.

- Mining, use your PC to mine cryptocurrencies by relying on the Dogemate platform. Every 1000 hash it is possible to start the conversion into DMT Coin.

- Tasks, tasks very similar to ICO and IEO bounties: making articles on blogs, advertising posts on social media, videos on Youtube in exchange for quite high fees.

- Withdraw: here you can convert the DMT Coins into 3 different cryptocurrencies and proceed with the transfer to the desired wallet. The same function is performed by pressing the balance on the top right.


Dogemate's account

By clicking on the nick at the top right you can change your profile; view the referrals URL; choose the wallet to allocate the cryptocurrencies earned on Dogemate (Faucetpay, Express Crypto, Coinbase, personal wallets and much more); perform the funds transfer (Withdraw); contact the site administrators.

Finally, the explanation of the dashboard as a whole. First we will see the account level, which will rise as a result of the use of faucets and the accumulated experience. The more you level up, the more the percentage of cryptocurrencies earned will increase. You can view the various levels to reach by clicking on the bank strip located just below.


Four boxes show the daily shortlinks completed, the number of your referrals, the balance in DMT and the bonus points to be converted later in DMT Coins.

The page ends with the box to collect any promotional codes and your Referral URL that will make you earn 10% on the rolls and 25% on the shortlinks completed by your subscribers.

See you in the next article to continue making money with cryptocurrency faucets!

If you liked this article and would like to contribute with a donation:

Bitcoin: 1Ld9b165ZYHZcY9eUQmL9UjwzcphRE5S8Z
Ethereum: 0x8D7E456A11f4D9bB9e6683A5ac52e7DB79DBbEE7
Litecoin: LamSRc1jmwgx5xwDgzZNoXYd6ENczUZViK
Stellar: GBLDIRIQWRZCN5IXPIKYFQOE46OG2SI7AFVWFSLAHK52MVYDGVJ6IXGI
Ripple: rUb8v4wbGWYrtXzUpj7TxCFfUWgfvym9xf

By: cryptoall.it
Telegram Channel: t.me/giulo75
Netbox Browser: https://netbox.global/PZn5A
Horizen Faucet: https://getzen.cash/auth/register?ref=153228
submitted by Giulo75 to u/Giulo75 [link] [comments]

Coins.ph: Pros and Cons

Coins.ph is a Philippine-made virtual wallet founded in 2014 by Silicon Valley entrepreneurs Ron Hose and Runar Petursson. It is the first virtual currency provider in the country to be licensed by the Bangko Sentral ng Pilipinas (BSP) with a Virtual Currency Exchange license.
This platform allows its users to top up prepaid load; send and receive money; pay bills; avail game credits; store and convert cryptocurrencies including Bitcoin (BTC), Bitcoin Cash (BCH), Etherium (ETH), and Ripple (XRP).
Almost 5 Million customers have been using the platform in various transactions since 2014.
Since it is regulated and licensed by the Central Bank of the Philippines, safe and secure ways to make digital payments, as well as cryptocurrency buy and sell services is guaranteed to its users.
We are subject to the rules and regulations set forth by the BSP and the Anti-Money Laundering Act (AMLA).
Under strict regulatory requirements, we operate with a very high level of security, with industry-standard measures such as SSL connections to AES-225 Encryption.
- Coins.ph Support Team
https://support.coins.ph/hc/en-us/articles/360000274842-Is-Coins-ph-safe
This can be simply accessed by downloading the App directly from App Store or visiting the link: https://coins.ph
Now, let's talk about the Pros and Cons of this platform.
PROs :
• Cash in and cash out are almost available with over 33,000 partner location throughout the country.
Cash In options includes E-wallet (Coins.ph, GCash, Globe GCASH via Dragonpay, PayMaya Philippines, Inc.); Online Bank Transfer; Over-the-Counter Banking (BPI, Chinabank, UnionBank Cash Deposit); Remittance Center (Bayad center, Cebuana Lhuillier, LBC Bills Xpress, M Lhuillier ePay, Palawan Pawnshop, PeraHub, Tambunting Pawnshop); Department Stores (Robinsons Business Center, SM Bills Payment Center); International Options (Remitly, Ria Money Transfer, WorldRemit); and Kiosk Payment (Posible, TouchPay Kiosk, eTap Deposit)
For Cash Out, options includes Remittance Center (LBC Instant Peso Padala, Palawan Express Pera Padala, M Lhuillier Cash Pickup); Banks; E-wallets (GCash, GrabPay PH, PayMaya); Cash Cards (Coins.ph, BDO, RCBC, Smart Money Card); Door-to-door delivery (LBC Pesopak); Tollway Credits (Autosweep RFID, Easytrip NLEX Toll); and Cardless ATM Instant Payout available 24/7.
• No banks needed to make e-payments
• Account Verification through App or website
• Easy buying, selling, sending and receiving cryptocurrencies (Bitcoin, Bitcoin Cash, Etherium, Ripple)
• User-friendly interface
• Lots of Promotion like instant 10% cashback on prepaid load (rebate); P5 cashback for each unique bill payment and P100 cashback for 5 unique bills; 1:1 pricing for all game credits; sending funds to any bank account via instaPay free of charge; and many more.
• Can be linked to Facebook account
CONs:
• It’s compliance with Know-Your-Costumer regulation requires the users to verify private information in order to maximize spending limits. A selfie while holding government-issued ID card is a must to clear verification stage;
• Minimal range of accepted IDs for verification
• Users can’t shop around for best price on cryptocurrencies
• Higher fees applied for cryptocurrency conversion to fiat money
• Higher fees for sending and receiving cryptocurrencies
Based on the above-mentioned advantages and disadvantages in using Coins.ph, it is therefore concluded that this e-wallet is best for any transactions in PHP like buying prepaid load, paying bills or remittance purposes however, doesn’t work well for crypto-enthusiast dealing with trading cryptos due to the rates and fees.
Speaking from my own experience, coins.ph helped me a lot in saving time, energy and money since I don’t need to come visit the outlets or payment centers to complete my transactions.
Feel free to comment down your experience with Coins.ph!
submitted by jBaij to btc [link] [comments]

Money is a lot more complex than authors realize (40k, Metro, WoW, D&D, IRL)

One of the “easier” ways to create a unique world is to choose a different form of currency. It’s something people notice, since money is ubiquitous. The issue is that money is fairly well developed. It needs to have certain features, or else it flat out doesn’t work.
Examples
In Warhammer 40k, orks use their own teeth as currency. Since every ork has access to teeth, there isn't absolute poverty. Since the teeth decay, hoarding teeth isn't feasible, and it means that orks need to constantly try to expand to get more teeth. Since every ork gives teeth in a tax to their boss, it means that war bands constantly expand and fight, giving the combat happy bastards yet another reason to go to war.
A huge amount of fantasy universes use copper, silver, and gold as currencies.
Metro uses ammo.
In real life, we see many alternative, and ineffective, currencies, ranging from company script, to cryptocurrency, to hyperinflationary national fiat currency, to precious metal based money.
Background
The issue is that all of these are fundamentally flawed in some way as a currency, rendering the economy of that location extremely vulnerable to various shocks that would rightfully upend the entire economy.
A currency fills three major roles 1. A medium of exchange. 2. A store of value. 3. A unit of account.
A medium of exchange means that it is accepted by enough people as having value to be used for trade. Rather than needing to find someone who wants your goods to trade in a chain for something you want (like in every Zelda trading questline), you just give them money and they give you the item. This is why money is more efficient pure barter. It acts to lubricate transactions between peoples.
A store of value means that you won't see all your wealth disappear if you don't spend it now. Which means that you can save up for major purchases, you can make deals that last for years (like mortgages), and people can actually retire on what they’ve earned over the course of their life.
A unit of account means that you know the value of the money and it is standardized. Imagine if the only form of money was in fine art. You could exchange a Van Gogh for a house, and a large spiky suspended ball for a car. Art could fit as a medium of exchange and a store of value, but actually trying to compare artwork to artwork would drive people insane quickly. You'd be in the situation that a dollar isn't worth a dollar, or one Van Gogh isn't worth another Van Gogh. There is no way to convert between lesser and more valuable pieces in a logical manner.
Now, why is that relevant? Because a huge amount of monetary systems in fiction fail these requirements and allow for overt exploitation or unduly hamper the government's ability to respond to threats.
Problems
With regards to the ork teeth, what is functionally happening is constant hyperinflation. Since the teeth decay, there is explicitly no store of value. Which means that the only orks who can afford the best and most fun toys are the warbosses and WAAGH! leaders. There are probably billions of orks who just want to save up for a spaceship or motorcycle or set up a Squig farm of their own, but will never be able to because their money falls apart before their eyes.
Somewhat more seriously, for a race dedicated to war, constantly decaying teeth means that the number of war bands that can attack space based shipping or otherwise need more complex and expensive equipment is limited, reducing the race's overall effectiveness in combat. By attempting to be clever with inflation, by making it so that it couldn't happen, they created the effects of hyperinflation. And, since it is still a money based system, that means that a race designed to go to war can't do it as effectively as they should.
In WoW or D&D or any of a dozen universes where wealth is metal based, using multiple metals as various values of currency would have a similarly debilitating problem. It destroys the unit of account. Basically, the government sets an exchange rate between the chunks of metal, making gold 10x as expensive as silver which is 10x as expensive as copper. But the rarity and expense of gold isn't 100x as much as copper. It is usually much much more. So, it makes counterfeiting extremely attractive, since you can produce 100 small value coins, of the actual metal, and exchange them for a coin of much higher value. Or if it is in the other direction, where you can exchange something where the face value is less than the value of the metal, all the government is doing is funding a small extremely active and profitable metal reclamation industry. This would be an ongoing and unavoidable issue, one that could cripple a government attempting to keep enough money in circulation, or cripple business if the government failed to intervene in an ongoing manner.
Metro has the same issue of lacking a unit of account. The value of a bullet depends on what you're facing and what weapons you have. Even if the nominal value of a .50 cal armor piercing round is high, the number of people who can use it is very low. Consequently, you'll see the value change and possibly invert, as use brings more common rounds out of circulation and makes the more expensive rounds increasingly obviously useless. Without a set value across the board, or something interchangeable and universal, the currency itself will always be in flux, making for a really really shitty form of money.
And a fairly cursory read of human history reveals why being inventive with money is a bad idea.
Company script is money that doesn't function as a medium of exchange. It acts to tie people to a small location and punishes merchants, intentionally gimping economic power of consumers.
Bitcoin, aside from arguably not working as a medium of exchange, fails as a store of value. It is inconsistent and disconnected from reality, making any long term contract in it unfeasible. It has many of the same problems as hyperinflation, except you don't know which direction the value will go.
Less common now, but currencies that are based on the weight of an amount of precious metal suffered from failing as a unit of account. As gold coins were chipped, sweated, plugged, adulterated, or otherwise debased, the value of the coin and the face value became disconnected, and a buyer was dependent on merchants being trustworthy with their scales.
Functionally, money is the way it is because it works fairly well, and the obvious alternatives tend to fail in overt ways. Attempting to be clever with monetary solutions isn't really feasible most of the time.
Solutions
So, are there any currencies that actually make some degree of sense in world, and aren't just "GOLD FOR ALL"?
Surprisingly, yes.
Fallout's bottle caps have surprisingly good arguments around why they are used beyond the water traders of the Hub.
Basically, becoming a medium of exchange is more based on mutual consent than it is on logic.. Shells, pieces of wood, large rocks, feathers, and shiny metals have all been used. Ragnar Benson, of the survivalist fame, claims to have found isolated African tribes that were using Austro-Hungarian bills in the 70s. Unless there's a government that forces something, pretty much anything can and will be used.
By selecting it as a currency, the water traders turned bottle caps into a representative currency, each cap was a certain amount of pure water. They gave it some base level of value that was universally accepted. Outside the Hub, people were willing to trade for them since they had value, prompting other people to accept them on since they could be used in trade, gradually shifting it to something like fiat, abet unbacked by a government. Fallout has a surprising amount of trade across the US, where jet reached the East Coast and the Wasteland Survival Guide reached the West in a couple decades. Over 100 years, it's completely reasonable for bottle caps to become an accepted medium of exchange, valued because people value them.
With regards to unit of account, bottle cap or not is pretty effective. And, since it doesn't have higher denominations, which could introduce the potential for arbitrage, it works. Abet annoying to count out hundreds or thousands of caps of you had to do it manually.
For a store of value, after 100 years as an accepted currency, most large stashes would have been found, and the only input would be through Nuka cola, which is more valuable as soda than caps. And, as described in game, without a press and marking machine, counterfeiting is difficult; labor intensive and involved. There really isn't much way for more caps to come in, which preserves its value. The greatest issue with bottle caps is long term deflation as the population expands, but, while the wasteland continues, population growth will be muted.
Consequently, caps in the Fallout universe ought to provide a stable bedrock for longer term business and functioning governance. Assuming that the world’s inability to actually rebuild despite that being the story for hundreds of years gets resolved.
So what?
So, what makes a good fictional currency? Well, that’s mostly fulfilling the functions of a currency.
  1. Medium of Exchange – that can be nearly anything, as long as it is universally accepted. Attempting to create a new currency for each trader, like some sort of munted script, would be horrible and useless.
  2. Store of Value – The currency should not be easy to counterfeit, which implies 2 things. Either that it is nearly worthless on its’ own (like paper currency) or that the value is derived from a hard to fake commodity, like gold. At the same time, making this needs to be difficult, or else you have the issue of the Elder Scrolls with Transmutation and turning iron into gold, which is also the foundation of their currency. Hyperinflation means broken economies.
  3. Unit of Account – If you’re going to have more than one currency, you need to directly tie them together. More money should be based on the same features as the Store of Value, either just a bigger number on the front, or a larger chunk of hard to adulterate or change money.
And, if you think you’ve solved a major problem, you really really should talk to an economist before designing your world around a special feature.
submitted by Draco_Ranger to CharacterRant [link] [comments]

List of beer money opportunities in Ireland and most countries worldwide

Please DO NOT post articles promoting these.

The list will consist of 4 parts.

Part 1: Surveys, studies, watching videos, playing games etc.

Swagbucks | Click here to get 300 SB points (3$) when signing up. Note that you need to earn 300 SB within the first 30 days of signing up to get your bonus. * Payout options: PayPal, Amazon gift cards and more. * Swagbucks payment proofs 1 / 2 * Surveys, polls, download offers, sign up offers, cashback when shopping etc. * Tips to earn more: * Click here to add the SwagButton to earn cashback on websites you visit. * Go to the "Discover" section and do offers such as download/install games. They usually pay between 50 to 2000 SB (0.50$ to 20$). * Get 1000 SB for subscribing to Disney + for a year (equivalent of $10) and many more. * Offers change regularly. You should never get bored and have small tasks to do every day.
Survey Time | Click here to sign up * Payout options: PayPal, Amazon gift card and Bitcoin * SurveyTime Payment proofs 1 / 2 / 3 / 4 / 5 * The average length of each survey is roughly 10 minutes and you will usually earn 1$ (sometimes 0.50$ but they inform you before). * You get paid instantly (within minutes with PayPal).
OfferNation | Click here to sign up * Sign up bonus: $0.25 * Payout options: PayPal and Skrill * Points proof | PayPal payment proof | Email payment proof * Wide range of surveys * You might need to send a utility bill or any document with your name on it. It is to prevent fraud. I had to do that myself, I just sent them my broadband utility bill. * You get paid almost instantly as you can cash out from $1
Prolific | Click here to sign up * Payout option: PayPal * Payment proof 1 / Payment proof 2
I've had many more studies but I'm not going to write them all down, it's just to let you know what kind of studies you can expect.
ySense | Click here to sign up * Payout options: PayPal, Amazon gift cards and more. * Similar to Swagbucks.
InstaGC | Click here to sign up * Sign up bonus: 10 points * Payout options: PayPal and Bitcoin * PayPal payment proof / Email payment proof * Similar to Swagbucks.
GG2U | Click here to sign up * Sign up bonus: $1 * Payout options: PayPal, Bitcoin * Similar to Swagbucks.
Gain.gg | Click here to sign up * Sign up bonus: 100 coins * Payout options: Cryptocurrencies (Bitcoin, Ethererum, Litecoin and more). * Similar to Swagbucks.
TimeBucks | Click here to sign up * Sign up bonus: $1 * Payout options: PayPal, Payeer and Bitcoin * Similar to Swagbucks.
ZoomBucks | Click here to sign up * Sign up bonus: 500 points * Payout options: PayPal, Amazon gift cards and more. * Similar to Swagbucks.
GrabPoints | Click here to sign up * Sign up bonus: 500 points * Payout options: PayPal, Amazon gift cards and more. * Similar to Swagbucks.
FeaturePoints | Click here to sign up * Sign up bonus: 50 points * Payout options: PayPal, Visa gift card, Amazon gift cards, Bitcoin and more * Enter the code 9BGX93 to get 50 points if you download the app directly from your mobile phone. * Similar to Swagbucks.
PrizeRebel | Click here to sign up * Payout options: PayPal, Amazon gift cards and more * Similar to Swagbucks.
Market Agent | Click here to sign up * Payout options: PayPal, Skrill and Bank transfer * Surveys
TestingTime | Click here to sign up * Payout options: PayPal, Direct deposit * Test new products & services and earn up to €50 per hour. * I haven’t had any luck yet with this site but maybe you’ll be lucky! * They should send you an email whenever a product or service needs to be tested.

Part 2: Mobile apps only

AttaPoll (Android and IOS) | https://attapoll.app/join/lygpl * Payout options: PayPal, Revolut, Ethereum * AttaPoll payment proof * Short surveys. Usually take between 1 to 10 minutes.
Poll Pay (Android and IOS) | Android | iPhone * Sign up bonus: 0.23€ when using this code N6D2DC84BB * Payout options: PayPal, App Store/iTunes and Spotify Premium * Poll Pay payment proof * Short surveys. Usually between 5 to 10 minutes.
Money App (Android and IOS) | http://moneyapp.org/app * Sign up bonus: 200 Credits when using this code 71YNBT * Payout option: PayPal * Surveys, installing/playing games, signing up to sites etc.
CashKarma (Android and IOS) | https://cashkar.ma/nP0H05HOz8 * Sign up bonus: 300 Karma points. Go to the top right corner of the app and enter weaselbusters * Payout options: PayPal, Google Play, Xbox Live and Steam * Surveys, installing/playing, signing up to sites etc.
BeMyEye (Android and IOS) | https://bemyeye.com/earn-money/ * Sign up bonus: 1€ when you enter this code j5z6pk and complete your first mission. * Payout options: PayPal and Bank transfer * This app allows you to earn money by completing missions. They include taking pictures at specific locations in your area, answering questions and following instructions given to you by the app.
StreetBees (Android and IOS) | Android | iPhone * Sign up bonus: 1€ when you enter this code 8572TF * Payout option: PayPal * Stories (these are basically surveys, but they show as if someone was asking you questions on a messaging app)
Givvy app (Android and IOS) | Android | iPhone
BigCash (Android and IOS) | Android | iPhone * Sign up bonus: 70 coins when you enter this code nwzh7k5z after installing the app * Payout options: PayPal, Amazon gift card etc. * Earn points by watching videos, checking in every day, surveys etc.
BuzzBreak (Android only, coming soon to IOS) | http://bit.ly/2vpqKU6 * Sign up bonus: 500 points when entering referral code B22603141 after you start using the app. * Earn cash by simply reading the news, checking in every day and play games. * I would advise you to only use this if you plan on reading the news from this app. Watching videos and playing games for the purpose of earning points is not really worth it, unless you have a lot of free time.

Part 3: Passive income for Windows/Linux/Mac OS and mobile apps

HoneyGain (Windows, Mac OS and Android) | Click here to sign up and claim your first $5 * Payout option: PayPal * Install their software on your computer and leave it running in the background. * This software basically shares some of your Internet traffic. * Completely passive because once installed and signed in, you will start earning and it will load up as soon as your start up your computer.
PacketStream (Windows, Linux and Mac OS) | Click here to sign up * Payout option: PayPal * Same concept as HoneyGain
Money SMS (Android only) | Click here to download * Sign up bonus: 0,25€ when using this code MZ2GLM24 * Payout option: PayPal * Money SMS payment proof * App to download on your mobile where you receive up to 2 texts per day. You will earn 0.02€ per text. * These are very random texts and you don't need to read them. There are days I don't receive any texts at all and times I receive 2 texts at a time every day. * It's totally passive as you only need to download the app and wait.
McMoney (Android only) | From your mobile phone, go to https://mcmoneyapp.com/ Click on Download APK and install the app. * Sign up bonus: $0,25 when using this code V6TM2KP5 * Payout option: PayPal * Same concept as Money SMS * They pay $0.05 per text (twice more than Money SMS but I personally run both on my mobile).
LoadTeam (Windows only) | Click here to sign up and get your first $0.20 * Payout option: PayPal * You will need to download their software on your computer and leave it running. * This app basically "harvests" your computer's idle power. * Note that your computer could run slow if you don't change the settings on their software. * Tip: I would advise to use this only if you use your computer at the same time. Leaving this particular software running for the purpose of simply earning money might not be worth it. * Once you install it, you can see how much money you could potentially make as it all depends on your computer's performance.
eBesucher (Windows, Linux and Mac OS) | Click here to sign up * Payout options: PayPal and bank transfer * Autosurf that launches random advertised websites on your browser. You can also earn points by reading emails they send you but then it wouldn't be a passive income. I personally just let the Autosurf running. * The main purpose of an Autosurf is for new websites to bring traffic. * You will need to download their software on your computer and leave it running. * Simply hit "Start" once the software is installed.

Part 4: Ireland only - Surveys and Scanning groceries for cashback

Mobrog | Click here to sign up * Payout options: PayPal and Skrill * Mobrog payment proof * Surveys. Note that your reward will usually show the next day.
Shop and Scan | Click here to sign up * Payout options: One4all, Amazon, Penneys, Zalando, Clarks and more. * Shop and Scan payment proof | Shop and Scan points earned proof (past 30 days) * Earn cash back when scanning your groceries. * Once you sign up, you will receive a barcode scanner by post with a book. * Every time you go shopping (once a week), scan the items you bought, take a picture of your receipt and upload them to their site through their app. * Uploading a receipt = 60 points * Scanning and uploading your groceries = 140 points * That's a total of 2€ every week. (Doesn't sound like much but that's a free 8€ per month spending no more than 5 minutes each time). * Once they are in contact with you via email with the full application to join, I would really appreciate if you could enter the panel number 916062 into your application to confirm the referral.
Redclive | Click here to sign up * Payout option: Cheques sent by post * Redclive payment proof email | Redclive payment proof * This is my favorite Irish survey site. They pay 1€ for every 5 minutes spent. * The only downside is that you need to reach 50€ to receive your cheque. Once you reach that amount, they will send you a cheque automatically by post and that takes 2 to 3 weeks.
IrishOpinions | Click here to sign up * Payout options: Amazon, Tesco, Penneys, TK Maxx and more. * IrishOpinions payment proof email | IrishOpinions payment proof Tesco gift card * Same as Redclive. They don’t pay as well but you can cash out once you reach 10€
Toluna | Click here to sign up * Payout options: PayPal, Spotify and Homesense * Surveys and play games like memory cards and MatchMania (similar to candy crush).
Acumen Panel | Click here to sign up * Payout options: AllGifts.ie voucher * Acumen payment proof email | Payment proof AllGifts.ie voucher * Surveys. They pay as much as Redclive (1€ for every 5 minutes spent) but I don't get many surveys from them. I've had one survey from them very recently that took me about 10 minutes for 250 points (2.5€).
Media Opinions Ireland | Click here to sign up * Payout options: One4all and iTunes. * Daily short survey. I don’t get many other surveys from them.
submitted by weaselbusters to beermoneyie [link] [comments]

CoinPot: 7 Faucet sites to earn free cryptocurrencies

A group of top-of-the-range Faucet sites that will make you earn free cryptocurrencies quickly: Bitcoin, Litecoin, Bitcoin Cash, Dogecoin and Dash. In this article we would like to describe in detail how this small group of faucet sites that rely on a single online microWallet: Coinpot. In our opinion, by far the most practical and famous of all the sites in the category for earning free cryptocurrencies.
Before reading, we recommend reading the introductory article of our blog in order to better understand some terms and already own an indispensable personal multi-currency wallet.
To earn cryptocurrencies, the first thing to do is sign up at the following link: https://coinpot.co No personal data is required, only the email address.
As for the first 5 "Moon" sites, it will be sufficient to log in with the same email with which you signed up for Coinpot and you can immediately make the claim (always alternate reCaptcha and SolveMediaCaptcha). You will be free to choose whether to make a daily claim or several claims throughout the day. The minimum waiting time between one claim and the next is 5 minutes.
Once you have made the first claims you will be able to see the crypto earned automatically credited to your Coinpot wallet. We will explain its functions in detail below.
Follow this advice to Earn even more Cryptocurrencies ... And these are the top 5 Coinpot-related faucet sites. Always remember to log in by following the links we have reported. The greater the number of referrals you will bring, the greater your earnings. The "Moon" sites in addition to guaranteeing you a 25% of the amount of each claim made by your referrals, will give a 1% bonus (up to a maximum of 100%) to the claims you make with your account. Our advice is to create a main desktop account and a secondary mobile account in order to personally verify the real functioning of the system. Your personal referral link will be shown to you by clicking on the refer link located at the top of the page.
2 more Faucets join the Moon galaxy! In addition to the 5 sites mentioned above, there are 2 others that offer almost identical efficiency and functions: BonusBitcoin and BitFun. To earn free cryptocurrencies in this case you will need to sign up using the email address as done previously on Coinpot. Use the same credentials.
The referrals program is exceptionally profitable as it offers a 50% bonus of every claim made by your subscribers. Even with a few subscribers, you will notice a steady increase in the cryptocurrencies you earn.
BonusBitcoin can occasionally be annoying but still offers a daily bonus on the total claims made. The waiting time on this site is 15 minutes and the link to the personal Referral is available in the center of the page. Under the "Claim Now" button there is also another option: "Change your claim setting".
Selecting it will open a small window: putting the check mark on "Always receive the average claim amount" you will always earn the same number of Satoshi for each claim while leaving it empty you will have the opportunity to earn 5,000 Satoshi with a single claim. The downside is that in the meantime you will get a lower average prize.
Bitfun is by far our favorite Faucet site because it rewards with relatively high amounts and requires very little time to make the claim. The time interval on Bitfun is identical to that of the "Moon" sites: 5 minutes. You will find the Personal Refer link under Account.
Brief explanation on how the Coinpot MicroWallet works. After this roundup of sites we want to quickly explain how the Coinpot microWallet works. In the main interface you will be shown the 5 cryptocurrencies that you can earn: BitCoin, BitCoin Cash, Dash, DogeCoin and LiteCoin. As you may have noticed, Tokens are not supported.
In the drop-down menu of each Coin you can decide whether to deposit crypto in the microWallet, transfer them from the microWallet to your personal wallet, convert them all into a single crypto (to more quickly reach the minimum transfer amount on the personal wallet), undermine them with your PC or view the latest transfers confirmed by Coinpot.
As for the Coinpot Tokens, the menu offers the possibility to convert them into other crypto, mine them with the PC or participate in 2 games of luck. Coinpot Tokens will be given to you in the order of 3 at a time for each of your claims made or 1 for each claim made by your referrals.
A very useful section of news and updates is also available and fortunately there are very few banners.
Last in terms of innovation, the Challenges, which you can select on the left in the summary menu. In practice, following a certain number of shares (claim, conversion of crypto, purchase of lottery tickets, etc ...) you will be given stars. The Challenges can be daily, monthly or linked to the achievement of a specific goal.
Each star will guarantee you an additional 100 Coinpot Tokens.
At the end of the challenges / Challenges period, lasting 30 days, those who have collected the highest number of stars will receive an additional maxi-prize in Coinpot Tokens.
Finally, we remind you that for each transfer to the outside you will be sent an email requesting confirmation that will be valid for 30 minutes. After this period of time you will have to carry out the operation again and no amount will be lost.
Keep following us! All the articles will always be dedicated to cryptocurrency faucets other than the previous ones that will allow you to quickly increase your earnings.
If you liked this article and would like to contribute with a donation:
Bitcoin: 1Ld9b165ZYHZcY9eUQmL9UjwzcphRE5S8Z Ethereum: 0x8D7E456A11f4D9bB9e6683A5ac52e7DB79DBbEE7 Litecoin: LamSRc1jmwgx5xwDgzZNoXYd6ENczUZViK Stellar: GBLDIRIQWRZCN5IXPIKYFQOE46OG2SI7AFVWFSLAHK52MVYDGVJ6IXGI Ripple: rUb8v4wbGWYrtXzUpj7TxCFfUWgfvym9xf
submitted by Giulo75 to u/Giulo75 [link] [comments]

COMO CONVERTER BITCOIN EM DINHEIRO NO PAYPAL - YouTube Bitcoin withdrawal from Coinpot to Coins.PH & Coinpot ... How To Convert Your Bitcoin To Cash FAST Using Coinbase ... How to transfer Bitcoin back to “AltCoinTrader” and ... How to EARN BITCOIN using COINS.PH  2020 (Step by Step ...

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COMO CONVERTER BITCOIN EM DINHEIRO NO PAYPAL - YouTube

In this video i will show you how simple it is to exchange your Steem dollars to Bitcoin. In this video, I will show you how to transfer BITCOINS from your Blockchain wallet to your “AltCoinTrader” account and change them into South African Rands.... Bitcoin withdrawal from Coinpot to Coins.PH & Coinpot Tokens Conversion!!! - - - - - - -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - C... HOW TO BUY BITCOIN 2019 - EASY Ways to Invest In Cryptocurrency For Beginners! Get $10 of free Bitcoin when you buy or sell at least $100 of cryptocurrency o... This quick tutorial shows you how to convert your bitcoin into GBP in the coinbase back office and then to withdraw that money to your bank account. If you d...

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