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11-11 08:53 - 'Bitcoin lightning network for private messaging?' (self.Bitcoin) by /u/NvestLabs removed from /r/Bitcoin within 0-7min
''' [link]2 [Blockchain Training Institute]1 : The Bitcoin Lightning Network refers to a "Layer 2" payment protocol that operates on top of a blockchain-based cryptocurrency. It enables fast transactions and has been publicized as a solution to the Bitcoin scalability problem. The normal use of the Lightning Network consists of opening a payment channel. As per the latest trends, this Bitcoin Lightning Network can be used to send private messages. Yes, you heard it right! Joost Jager, developer at Lightning Labs revealed about this experiment. They named it 'Whatsat'. Jager told: “Lightning is a peer to peer network in which anyone can participate. There is no central entity that has the ultimate power to decide on what users are allowed to communicate.” Private messaging is the talk of the town topic in the digital age. It’s easy for hackers to intercept messages that are not encrypted. Apps such as Signal and Wire give users more privacy, but private messaging is still far from everywhere. Jager also quoted: "I like to compare private messaging with talking to someone in person privately. We can do this without asking for permission. It is a freedom that is so natural, that we hardly even realize how important it is. As we humans continue to digitize ourselves further every day, I think it makes sense to extend this freedom into the digital domain.” Jager said it’s always been possible to add extra data to lightning payments. But a recent change to lightning’s specifications has standardized how this built-in messaging system works, so lightning network software remains compatible. Any decentralized or centralized service will happen with the cost of money. Using lightning, it is easier to pay for these messages. For social networks, it is difficult to have 'network effects'. Combining payments and messaging will help the lightning. “It is a question of how many [peer-to-peer] networks you want to participate in. It simplifies things if you get the two major uses, payment and chatting, from a single network,” Jager said. One of the contributors at Bitcoin told that having more people on the project would not be feasible. Someone could build a 'bridge' so that people need not download the whole project to participate in the lightning process. Messages sent on lightning are free of cost now. Whatsat “relies on the fact that there is no charge for a failed payment. The payment reaches the recipient, the recipient extracts the message and they fail the payment,” Jager said. Conversely, he is unsure as to how Whatsat emerges further. “There surely are people willing to pay for it, but for what price would make it a no-brainer for almost anyone?” Jager asked. “Suppose the average user sends 30 messages per day. That comes down to about 1 satoshi per message with the current bitcoin exchange rate.” It will cost about one dollar per year. “If the lightning network matures to a system that can sustainably handle 1 [satoshi] payments, I think a future of permissionless private messaging is unlocked,” Jager said. ''' Bitcoin lightning network for private messaging? Go1dfish undelete link unreddit undelete link Author: NvestLabs 1: nve*t*ab*.com 2: pre**e*.r*d*.it/qcsio0g*s0y31.j*g?*id*h=960&f*rm**=**p*&*a****web**amp;s=ee64bd*59*61118b3b5*b*62*a116*a*cc0*c3cc Unknown links are censored to prevent spreading illicit content.
Antminer S7 just became unprofitable to most people
Unless your electric cost is under $0.11/kwh, the Antminer S7 is now unprofitable at the current Bitcoin exchange rate. I wonder how many of them will go dark and how many will get flooded to eBay in panic selling?
And if we told you that you can now get your bitcoin to perfect money upgraded the money exchanged in just 3 minutes? Yes in just 3 minutes. I think most of you will not believe. But you have to believe in my dear friends because this site made it possible. Bitcoin is considered the Internet because it is purchased and sold on the Internet. But bitcoinscashout has been converted into real money because bitcoinscashout lets you quickly replace bitcoins. Within 3 minutes your money will be deposited into the account you want. Isn't it fast? For years, Bitcoin Cashout has been designed to improve money exchange and money transfer from bitcoin to perfect money, and since then has spent its time making this service more useful and reliable to its customers. Whether you're in London or anywhere in the world, we're ready to do something to exchange bitcoin. Bitcoin's exchange process is very simple. Your order can only be received in 3 or 4 steps. Firstly, open our website "bitcoinscashout.com" and enter the number of bitcoins you want to exchange. Then choose the right payment method. PayPal, Payza, Western Union, MoneyGram or other available access. Then just click on "Order" and your job will be completed. Your request for exchange bitcoin to perfect money will be processed immediately and you will be able to get your money back within 3 minutes. Additionally, bitcoinscashout also ensures that you receive the current bitcoin exchange rate at no additional cost or tax. Not only that, but you can also transfer that money to anyone, anywhere, anytime. Bitcoin exchange and transfer was never easier before. Bitcoinscashout undoubtedly offers a fast and secure service. So why not open our site "bitcoin to perfect money" and get the first bitcoin on time?
After loosing bank and card support Bitwala launching as a crypto bank and .... and an ICO ?
Got this in the mail. I wonder what a crypto bank actually is these days..... “Over the last 2 weeks we’ve had the busiest time Bitwala has ever seen. Both our card and bank transfer services were suspended. We’ve been working around the clock to return customers’ money to them in the quickest and simplest way possible. We wanted to take this opportunity to explain how this impacts Bitwala and its plans. What actually happened The prepaid card program was shut down In offering the Bitwala cards, we had come to rely on WaveCrest, a card issuer with a Visa license. Last week, WaveCrest was forced to disable all of its cards overnight due to its noncompliance with Visa’s rules. This meant that all customers with a Visa card issued by WaveCrest, which includes many other companies, also had their cards disabled. Many of you have reached out to us asking about refunds and we have published an update on the matter. WaveCrest will be handling your refunds and we are working closely with them to make sure your funds are 100% safe and returned to you quickly. Our bank ended its relationship with us On December 29th our bank notified us that our account was being looked into and in the interim all transfers will be disabled. We disabled bank transfers from our dashboard and emailed users with pending transactions to expect delays. After doing everything possible to restore our account, the bank informed us yesterday that due to a change in their policies, they have decided to terminate our relationship and that the closure would be permanent. Returning your funds is our priority We want to assure you that your funds are safe and that our main priority right now is returning them to you in a timely manner. We’ve ended our bank relationship on a good note. Users with pending bank transfers will receive a refund in the next 14 days that is equal to the EURO or GBP in bitcoin at the then-current bitcoin exchange rate. Card refunds, on the other hand, will take 30 days. Since starting the card balance refund process, many of our users have complained that it is lengthy and complicated. Our engineering team is working on solutions to ease the situation and help to make the processes smoother and faster. We again sincerely apologize for any and all inconvenience this has caused our users. Please be assured that Bitwala feels the same pain and that we are committed and already hard at work in establishing an all-new Bitwala card program. Our mission stays the same Bitwala is building a Crypto Bank Countless crypto companies have had to shut down because of lack of access to financial services. This fear of banks pulling the plugs on anything crypto-related is very real and is a fear that our industry lives in. This puts further emphasis on how the crypto economy needs a strong, independent crypto-first banking foundation. Bitwala will relaunch as a crypto bank. After working for over a year on our deal, we’ve finally reached an understanding with a German white-label banking partner. Our bill payment and card services will return for businesses and individuals and will both be migrated to the new platform and be able to open full bank accounts with us. All accounts will come with debit cards, so there is no need to top-up your card anymore. Up until now, we could only offer Crypto to Fiat. With the relaunch, we will be able to also offer Fiat to Crypto which we think is a huge deal. This means that we will offer users a seamless experience, allowing a smooth transition between the crypto and fiat worlds. As you can imagine, this is not the easiest thing to build and it’s difficult to find the partners who are willing and capable of building something like that. But we found them. Existing users will still be able to log in to their accounts to view their card and account activity as well as make standard bitcoin transactions (wallet-to-wallet). Our customer support team will also be available to assist our users with any questions and will be instrumental in account migrations in the future. We apologise to the customers who rely on us as part of their financial life. We are working very hard to relaunch in mid-2018. We will keep you updated every step of the way. The ICO will follow Our legal team made great progress towards launching the first of its kind equity token. While we intended to launch the sale in Q1, it will now be pushed later in the year. The goal of our token offering has always been to give our community the chance to own part of the company that they helped to build. Therefore, we want to earn back your trust in Bitwala and in our new products by launching a functioning crypto bank before asking you to contribute to its further acceleration and development. The community stays alive Bitwala has been so successful due to our users’ support and encouragement. It is what kept us going through tough times. We see this situation as an opportunity to build a better product and implement all of the features that you’ve requested over the last months. Our founding vision has always been to bridge the gap between traditional and crypto economies. While cryptocurrencies always had their sharp ups and downs, traditional banking was always the weak(ening) link. We’ve learned a lot about the areas of friction between the crypto industry and the banking industry since our launch in 2014. And now, in the lead up to the product launch, we will also master traditional banking. Combining the best of both worlds in the process. We will keep you updated on our progress through Facebook, Twitter, and YouTube or in person if you pop over to our usual hangout spot, Room 77. Sincerely yours, Jörg, Jan & Ben The Bitwala Co-Founders”
Cash to Bitcoin issues, its turning me off bitcoin full stop.
Hey guys, i WANT to very much get involved into the bit coin scene / trading etc. but I'm having a REAL issue understanding why it is taking So long to exchange cash for bitcoins, and if I'm finding that this is a REAL issue i can only imagine how much of a nightmare it is going to be exchanging bitcoins Back to cash .. now to be fair i am Australian, and yes we do have a couple of Australian company's that apparently exchange cash for coins. which is very cool ! BUT .... two of which are listed below.. https://www.coinjar.com/ It seems to be a website that doesn't or more accurately CANT handle the load of people who want into the bitcoin scene .. hence the obvious reason it takes weeks to deal with new clients .. and lets not forget the current bitcoin exchange rates on the site seems to be way of mark .. and ... https://www.btradeaustralia.com/ now to be fair i haven't used these guys to buy BC's but because I'm finding the serious delay in mt gox and the above coinjar and other sites, this kind of makes me feel like I'm handing out free ID to any half assed website business band who wants to collect peoples ID for whatever shonky purpose .... you get the idea This is a currency that has be alive for near on 4 years now, what is the issue with getting this IMPORTANT part of enabling bitcoins into the wider community enabled correctly ... why is this such a ass hat experience ... not happy JAN !! if anyone can help me out and point me in the right direction I'm all ears .. i just want to get on board to the bitcoin train, but if its this hard ... do you really think the general public is going to want to be involved at all regardless if you think this is the next bit thing ... thanks for your time Brick
$20 to make a PSD for one simple ad, plus a little extra...
EDIT: CONTEST OVER now $40 https://itunes.apple.com/us/app/bitcoin-live-only-live-bitcoin/id628282018?mt=8 That's is my app. Inside the app, it doesn't look like much. But when you select your currency, it puts a number on the app icon badge. http://d.pi/Zmvp Yep, that's the current Bitcoin exchange rate. It updates every minute. My app is a little pricey, but it's more than worth it (I always know the exchange rate, and can notice when it's falling rapidly) and push notifications are expensive. I want someone to make me an image to use as a screenshot. It should tastefully advertise the primary feature of my app (showing the price on the icon).
I want the PSD
I will pick the best one posted here
I will pick one, guaranteed. Though I may wait before deciding. The maximum I will wait is a month, though it could be within a few hours if I see ones I like.
I'll need a retina-sized PSD with both the 3.5 and 4 inch iPhone screen sizes.
I'm going to start with a classic disclaimer (this is not investment advice, these are my thoughts, opinions, and personal experience) i recently got into bit petite after seeing it a few times and doing some research i didn't find much but that's to be expected. why i expect this, partially based on what information is available for most other HYIP, considering even the most popular one bit connect has very little information available on it, its not much of a surprise bit petite has slim to no information available. open investments began may 20, 2017 instant payouts once withdrawal limit of 500,000 sat is reached Min. withdrawal amount is 0.005 BTC (10.00 USD), 0.01 ETH or 0.10 LTC (3.00 USD) Facebook= https://www.facebook.com/bitpetiteLTD/?ref=br_rs Twitter = https://twitter.com/Bitpetite_LTD Reddit = basically empty Bitcoin talk= few posts nothing too special Steemit = few posts, only one so far that is helpful https://steemit.com/bitpetite/@rollycustodio1/what-is-bitpetite I'm noticing people are creating fake profiles for bit petite and placing their referral code as the website link (of the 5 twitter accounts 4 have referral links in website area several of the Facebook ) there is great referral incentive especially if referrals spend more than 10k so be careful who you support with your referral. referral description (taken from site 10/18/17) Extra partner reward There is also an additional partner reward: we pay 3% of the money all your Level 1 referrals earn together. As soon as your Level 1 referrals invest $3000, your reward will increase to 5%; starting from the $5000 total investment, you'll be getting 7%; and if the total investment of all your 1 Level referrals reaches $10,000 or more, your additional reward will be 10% of their total earnings. payment description(taken from site 10/18/17) Investors Invest with us! Minimum daily earnings from 3.97% on weekdays and 1% on weekends. We offer higher interest and a broad choice of deposit terms. You may deposit as little as $10. All deposits and payments are made in Bitcoin. Freeze the current bitcoin exchange rate for the term of the deposit and receive your returns in dollars. Withdrawals are made immediately upon request. Make your deposit and start earning today. How are my earnings accrued without conversion to USD? For instance, you invest BTC at 4.5% per day without conversion to USD. For each 1 BTC you invest for 6 weeks, you will receive 0.045 BTC a weekday. Your weekly earnings will be 0.245 BTC (5 weekdays at 4.5% and 2 weekend days at 1%). How are my earnings accrued with conversion to USD? For instance, you invest BTC at 4.5% per day. BTC are converted to USD at the current exchange rate at the moment of deposit, let's say 1 BTC = 950 USD. For each 1 BTC you invest for 6 weeks, you will receive $42.75 a weekday. Your weekly earnings will be $232.75 (5 weekdays at 4.5% and 2 weekend days at 1%). The payback period will be 4 weeks. Your earnings will be calculated in USD at the same exchange rate as at the time of the deposit. At the time of withdrawal, your earnings will be converted to BTC at the exchange rate current for the moment of payout. note deposit amount fluctuates with btc\eth\ltc prices part of the above statement is untrue btc .005 eth.035 ltc.25 Review: my personal opinion is that this is a VERY risky investment and you should only spend what you can afford to lose, if you follow my provided compounding method you can easily double your money within the 6 week term or potentially collect from bit petite daily for as long as the site lasts instant payouts once withdrawal limit of 500,000 sat is reached i say this is a risky investment because you are participating in a money tumbler ran by anonymous people what they do is most likely not legal and will eventually be taken down again my personal opinion, but with that said if it goes 30 days you make you initial investment back and if you complete a single 6 week term you get 147% if you complete the 9 week term you get 180% there is no capitol release at end of term, instead you are paid an hourly dividend 24 times per day. during the 6 week term you get 4.5% per week day 1% per weekend day timer is (00:00) @ 5pm PST during the 9 week term you get 3.8% per weekday and 1% per weekend day. these numbers work out the the 147% and 180% respectively on average 2000 people have been joining bit petite per day and this number will continue to grow until it becomes unsustainable or some party gets greedy. being a money tumbler bit petites main business is facilitating anonymous transactions by laundering the money through various accounts. this service is very similar to what dash offers for anonymous transactions, and after thinking about this i also wonder about the other "pseudo-anonymous transacting currencies " money laundering is a very profitable business. it has proven uses and is extremely effective if done properly therefore it is a "valuable" service and several currencies offer similar features within the coin itself "Every year, more than $300 billion in concealed transactions is moved around the United States, according to a U.S. Department of the Treasury report on money laundering and terrorist financing threats."source(https://www.fbi.gov/stats-services/publications/financial-crimes-report-2010-2011) how to beat bit petite and WIN BIG its actually relatively simple COMPOUND, COMPOUND, COMPOUND i will be providing links to some spreadsheets I've constructed below basically you deposit enough of whichever currency you can afford ONLY USE BTC->BTC ETH->ETH LTC->LTC USING THE USD->BTC/LTC/ETH IS ONLY GOOD IF YOU WANT TO BET THAT THE MARKET WILL GO DOWN. so far btc -> btc has been very profitable for me especially since btc has gone up drastically in the past few days. making my payout go from ~25$ to ~30$ the goal is to deposit enough into your account so that you can make a daily withdrawal and redeposit it compounding the dividend you receive the next day, since you only get 1% on the weekends you will most likely only be able to compound on the weekdays unless you have 2500$ or more invested and in that case you are really "cooking with gas" as your investment will more or less double in 30 days . btc deposit amount to start 6week/.1119 9week/.14 eth deposit amount to start 6week/0.225 9 week/ 0.28 ltc deposit amount to start 6week/2.25 9week/2.8 there's a couple strategies i've devised from here depending on how risk averse you are
compound for 28days then withdraw daily and collect appx 200% by the end of a 42 day term
2.compound for a (set period) collect daily after set period with daily compounds and a 63 day term you can scale infinitely and collect once you have extremely large daily payouts(within the 6mo-1yr range )6mo = 25k+ 1yr=500k+ it climbs exponentially as you move further into the future
compound daily and withdraw every 8 days (can go as low as every 4days and last 150+days )if you compound daily then withdraw and keep one payout every 8 days you can sustain-ably pay yourself forever theoretically as your expiring contracts never catch up with you, this method would net you 2.5 million over 2 years source: www.youtube.com/watch?v=qcZzTW0gBOc
if you have any questions feel free to ask. i personally am planning to compound for 6 months, i may potentially break my investment up over several accounts and play the spread, have one cashout as soon as it breaks even on what i invest , have one go 3 mo, one go 6 mo and have 1 run indefinitely remember guys in risky investments cash out early cash out often, don't get caught holding the bags. https://steemit.com/bitpetite/@abve-mining/how-to-win-big-on-bit-petite-review
Is there a way to display bitcoin prices on my online store?
Hi, I recently opened an online store that accepts only bitcoin. I use bitpay as my payment gateway. The way the store is currently setup my prices are displayed in $ until you check out and then the prices are adjusted to the current bitcoin exchange rate. Is there a way to set the value in $ but have the price displayed at the current bictoin exchange rate? The store is built on shopifys platform. Any help is appreciated. Thanks www.btcoriginal.com
CrackeSubmitter: julioverne Developer: Robert Hesse Description: Requires iOS 6 or higher Smartwatch+ enhances the experience of your Pebble smart watch. Smartwatch+ allows you to display additional information on your watch, such as weather, your iPhone's battery status, current stock and Bitcoin prices, your current GPS location, your latest calendar appointments as well as missed calls, emails and SMS. Additionally, you can control certain functions of your phone from the watch, such as launching the camera and taking pictures, controlling the phone's volume and activating Siri. This app uses Pebble's latest SDK for 2-way communication and the watchapps that are required to view the information on the Pebble can be installed from within this app. Currently, 11 watch screens are available in Smartwatch+: 1) SmartStatus: A watchface that shows information about unread emails, SMS and missed phone calls. Additionally, weather information and iPhone battery status are available. 2) Calendar: shows a list of upcoming appointments with time/date and location 3) Bitcoin: shows the current bitcoin exchange rate and a graph from mtgox 4) Stocks: shows current stock price including the chart of a selected stock symbol 5) GPS: shows current location (either as lat/lon or street name), altitude, distance travelled, and current speed 6) Music: music playback, as well as volume control 7) HTTP Request: trigger customized http requests for home automation, etc. 8) Camera: launch the built-in iPhone camera and take a picture 9) Siri: launch Siri from your watch 10) Incoming calls: shows past incoming calls, including caller ID 11) Messages: shows your SMS/iMessages on your watch 12) Weather: current weather conditions, including 3-day forecast I will consistently add screens and functionality to Smartwatch+ through updates. For Siri functionality, the Tweak PebbleSiri will be installed automatically. A device Reboot is required. MAY NOT WORK ON IOS 7 This is the latest crack I could find Screenshots: http://moreinfo.thebigboss.org/moreinfo/smartwatchplus1.jpg http://moreinfo.thebigboss.org/moreinfo/smartwatchplus4.jpg http://moreinfo.thebigboss.org/moreinfo/smartwatchplus6.jpg Version: 1.130 Download: MediaFire 1.130 BillionUploads 1.500.2
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Vietnamese Dong Currency and Bitcoin Exchange Rates - YouTube
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