The bizarre story of my 63-year-old mother's dementia and how she was exploited by multiple criminals on Instagram
This is the story of how a normal 63-year-old woman who was suddenly stricken with dementia and financially exploited by criminals for upwards of $100,000. She now lives in a memory care facility that she can't afford and no one has been brought to justice. My name is Scott and Sandy is my mother. I was her first child, born 38 years ago. I will always remember my mother as a highly intelligent being, an advocate, and a positive force of energy. Over the past 2-3 years, my mother’s personality has changed. She became paranoid, negative, and exhibited odd behaviors. Other family members noticed this change, and like me, didn’t know how to approach it. I experienced her walking into a restaurant multiple times and having to sit at different tables before the right one was found. This was subtle, but there was an odd component of entitlement and lack of empathy for the wait staff and other customers we were cutting off. During another interaction 3 years ago, I asked her if she was going to take a trip to Belize where a friend of hers had a condo they offered. She had a concerning, nonsensical reply of, “No, because I’ve never been there.” Again very subtle, but stuck out as very odd coming from someone so intelligent. While riding in my car, she would be extremely paranoid, exhibiting verbal expressions of fear during very slow driving to accommodate her. Over a year ago, she asked me if it would be a good idea to send someone on Instagram money to mine Bitcoin for her. I was very shocked that she was even considering something that is clearly a scam, but chalked this up to her being naive about technology. Looking back on all this, it now makes sense knowing her diagnosis. I think myself and other family members had written off all this previous behavior as a product of getting older or her possible unhappiness. This all changed earlier this year when we learned that she thought she was in a relationship with multiple Tom Cruises (yes, you read that right) and singer Luke Bryan, and had been sending money to people all over the world impersonating these celebrities on the internet. It was quite bewildering to be faced with such bizarre circumstances. I initially tried to talk to her to explain how these people aren’t real and how there are hundreds of predatory fake Instagram accounts posing as celebrities. This didn’t work, and she pushed myself and other people away who would question her activity. As this narrative unraveled, we learned that she had been sending large amounts of money, including her claim of sending $20,000 to Tom Cruise that she has claimed is now owed to her. This prompted family members to take her to the Emergency Room. Nothing came out of that visit and her activity with the celebrity impersonators continued despite our efforts to convince her that she was being taken advantage of. We sent her a news article where a lady in Michigan was scammed out of $30,000 by a fake Tom Cruise, and sent a documentary on this exact phenomenon. These attempts didn’t get through to her. We contacted law enforcement multiple times regarding this financial exploitation and nothing could be done because she would have to report it as a crime and she to this day doesn’t believe she has been wronged. We even have the names, addresses, and bank accounts of people she sent money to… law enforcement can’t do anything because she didn’t think it was a crime. She continued to wire money, take pictures of gift cards, and talk to a whole network of alleged criminals posing as celebrities. She maintained that she was going to marry Tom Cruise in England and she was going to work for an orphanage and live in a mansion with him that she was picking out. She was also claiming to be in a serious relationship with Luke Bryan, even though she claimed that he hacked her accounts at one point. I have a voicemail of her telling me about this and about how she isn’t going to be on Tom’s private jet, but just meet Tom in Hawaii. During one exchange when I was convincing her not to go on a trip with fake celebrities, she asked me if she could just go with Fabio, because she had seen him at a restaurant a couple years ago. I asked why she would think he would go with her and she said it was because they are the same age. In June, she reached out to me for help with her homework for a class that required her to create a web page. I began helping her and asked her to write a paragraph on lavender. She went upstairs and came down with a blank flash drive, and I explained again that I simply needed a paragraph. This repeated 4 times until she finally wrote the paragraph. This was a stark contrast to her career where she wrote letters, agendas, budget documents, and even a book in her spare time. At this point, I finally accepted that whatever she was going through was extremely serious and something I wasn’t qualified for or successful in helping with despite multiple efforts. Doing research, I came across the Thurston County Behavior Health Crisis Line and reached out to see if a designated crisis responder could give advice. After speaking with them, they determined that they would need to detain her. This was in early July. She was released after several days, and nothing beneficial came from this detainment in terms of a diagnosis or plan to keep her safe. She was immediately back and talking with the fake celebrities. I agreed to help her get a new Gmail account so they couldn’t get back to contacting her and this was immediately compromised by her emailing the fake celebrities. Myself, friends, and family have tried desperately to help her on so many fronts. We convinced her to get a new phone and that was immediately compromised. She was detained again in late July, and again released with no real outcome. The positive aspect of this second detainment was a visit by a family friend and ex-supervisor, a neurologist coincidentally. He was able to talk to her and assist us in getting her the medical attention needed. He maintained that this was likely dementia, what we had all been fearing. In August of 2019, my mother was taken to see a neurology specialist at Virginia Mason Medical Center in Seattle. Our fears of frontotemporal dementia were confirmed when Dr. Isenberg diagnosed her and deemed her to require 24/7 supervision and a guardian for financial and medical oversight. Her condition appeared to further deteriorate in late August as we learned she was having hallucinations of the celebrities and family members and was contacting us for help when they “wouldn’t wake up”. In late August my mother drove by herself and showed up at McMenamin’s Kalama Harbor Lodge and thought that she had driven down in her car with my sister and celebrity singer Luke Bryan. When she showed up, she asked what room her husband was in, even though he was not there. She also was texting other friends and family and asking them when they were showing up. The front desk staff were severely concerned and Kalama Police and a local DCR did a welfare check. My mother was detained for a third time in September as she was trying to leave on a fictitious concert tour with Tom Cruise and Luke Bryan. She had her passport and bags packed, and the sheriff found her in her vehicle. She was detained for weeks at St. Peters Hospital in Olympia and finally placed in a memory care facility. Now that the courts have appointed her a financial guardian, we have learned that the financial devastation is so pervasive that she had let 3 life insurance policies lapse, took on credit card debt, and spent all her resources. We think the financial devastation might be in excess of $500,000 if you include the lapsed life insurance policies. She is now unable to afford to live in the facility she resides in because like most facilities, they require private pay for 9-24 months until they will just take Medicaid, and these places can be up to $6000 per month. And, you can’t apply for Medicaid unless your resources are basically gone. So, it’s a very tenuous and unfortunate situation. Frontotemporal dementia has caused my mother to become a very vulnerable person with the sensibilities of child. She was exploited by multiple alleged criminals who took the resources she now desperately needs to have appropriate care until this terminal disease takes her life. She is recently fell and broke her arm, as the disease is presenting elements of Parkinsonism, beyond the stark cognitive disability. I hope that you will be able to help even a little, but I also hope this raises awareness about dementia and the rampant financial exploitation that occurs on social media. Be vigilant about mental health with your family and friends. Thanks for your consideration and help.
The bizarre story of my 63-year-old mother's dementia and how she was exploited by multiple criminals on Instagram
This is the story of how a normal 63-year-old woman who was suddenly stricken with dementia and financially exploited by criminals for upwards of $100,000. She now lives in a memory care facility that she can't afford and no one has been brought to justice. This story is about my mother. I was her first child. I will always remember my mother as a highly intelligent being, an advocate, and a positive force of energy. Over the past 2-3 years, my mother’s personality has changed. She became paranoid, negative, and exhibited odd behaviors. Other family members noticed this change, and like me, didn’t know how to approach it. I experienced her walking into a restaurant multiple times and having to sit at different tables before the right one was found. This was subtle, but there was an odd component of entitlement and lack of empathy for the wait staff and other customers we were cutting off. During another interaction 3 years ago, I asked her if she was going to take a trip to Belize where a friend of hers had a condo they offered. She had a concerning, nonsensical reply of, “No, because I’ve never been there.” Again very subtle, but stuck out as very odd coming from someone so intelligent. While riding in my car, she would be extremely paranoid, exhibiting verbal expressions of fear during very slow driving to accommodate her. Over a year ago, she asked me if it would be a good idea to send someone on Instagram money to mine Bitcoin for her. I was very shocked that she was even considering something that is clearly a scam, but chalked this up to her being naive about technology. Looking back on all this, it now makes sense knowing her diagnosis. I think myself and other family members had written off all this previous behavior as a product of getting older or her possible unhappiness. This all changed earlier this year when we learned that she thought she was in a relationship with multiple Tom Cruises (yes, you read that right) and singer Luke Bryan, and had been sending money to people all over the world impersonating these celebrities on the internet. It was quite bewildering to be faced with such bizarre circumstances. I initially tried to talk to her to explain how these people aren’t real and how there are hundreds of predatory fake Instagram accounts posing as celebrities. This didn’t work, and she pushed myself and other people away who would question her activity. As this narrative unraveled, we learned that she had been sending large amounts of money, including her claim of sending $20,000 to Tom Cruise that she has claimed is now owed to her. This prompted family members to take her to the Emergency Room. Nothing came out of that visit and her activity with the celebrity impersonators continued despite our efforts to convince her that she was being taken advantage of. We sent her a news article where a lady in Michigan was scammed out of $30,000 by a fake Tom Cruise, and sent a documentary on this exact phenomenon. These attempts didn’t get through to her. We contacted law enforcement multiple times regarding this financial exploitation and nothing could be done because she would have to report it as a crime and she to this day doesn’t believe she has been wronged. We even have the names, addresses, and bank accounts of people she sent money to… law enforcement can’t do anything because she didn’t think it was a crime. She continued to wire money, take pictures of gift cards, and talk to a whole network of alleged criminals posing as celebrities. She maintained that she was going to marry Tom Cruise in England and she was going to work for an orphanage and live in a mansion with him that she was picking out. She was also claiming to be in a serious relationship with Luke Bryan, even though she claimed that he hacked her accounts at one point. I have a voicemail of her telling me about this and about how she isn’t going to be on Tom’s private jet, but just meet Tom in Hawaii. During one exchange when I was convincing her not to go on a trip with fake celebrities, she asked me if she could just go with Fabio, because she had seen him at a restaurant a couple years ago. I asked why she would think he would go with her and she said it was because they are the same age. In June, she reached out to me for help with her homework for a class that required her to create a web page. I began helping her and asked her to write a paragraph on lavender. She went upstairs and came down with a blank flash drive, and I explained again that I simply needed a paragraph. This repeated 4 times until she finally wrote the paragraph. This was a stark contrast to her career where she wrote letters, agendas, budget documents, and even a book in her spare time. At this point, I finally accepted that whatever she was going through was extremely serious and something I wasn’t qualified for or successful in helping with despite multiple efforts. Doing research, I came across the County Behavior Health Crisis Line and reached out to see if a designated crisis responder could give advice. After speaking with them, they determined that they would need to detain her. This was in early July. She was released after several days, and nothing beneficial came from this detainment in terms of a diagnosis or plan to keep her safe. She was immediately back and talking with the fake celebrities. I agreed to help her get a new Gmail account so they couldn’t get back to contacting her and this was immediately compromised by her emailing the fake celebrities. Myself, friends, and family have tried desperately to help her on so many fronts. We convinced her to get a new phone and that was immediately compromised. She was detained again in late July, and again released with no real outcome. The positive aspect of this second detainment was a visit by a family friend and ex-supervisor, a neurologist coincidentally. He was able to talk to her and assist us in getting her the medical attention needed. He maintained that this was likely dementia, what we had all been fearing. In August of 2019, my mother was taken to see a neurology specialist in Seattle. Our fears of frontotemporal dementia were confirmed when the doctor diagnosed her and deemed her to require 24/7 supervision and a guardian for financial and medical oversight. Her condition appeared to further deteriorate in late August as we learned she was having hallucinations of the celebrities and family members and was contacting us for help when they “wouldn’t wake up”. In late August my mother drove by herself and showed up at a lodge 80 miles away from her home and thought that she had driven down in her car with my sister and celebrity country music singer Luke Bryan. When she showed up, she asked what room her husband was in, even though he was not there. She also was texting other friends and family and asking them when they were showing up. The front desk staff were severely concerned and police and a local designated crisis responder did a welfare check. My mother was detained for a third time in September as she was trying to leave on a fictitious concert tour with Tom and Luke. She had her passport and bags packed, and the sheriff found her in her vehicle. She was detained for weeks at a hospital and finally placed in a memory care facility. Now that the courts have appointed her a financial guardian, we have learned that the financial devastation is so pervasive that she had let 3 life insurance policies lapse, took on credit card debt, and spent all her resources. We think the financial devastation might be in excess of $500,000 if you include the lapsed life insurance policies. She is now unable to afford to live in the facility she resides in because like most facilities, they require private pay for 9-24 months until they will just take Medicaid, and these places can be up to $6000 per month. And, you can’t apply for Medicaid unless your resources are basically gone. So, it’s a very tenuous and unfortunate situation. Frontotemporal dementia has caused my mother to become a very vulnerable person with the sensibilities of child. She was exploited by multiple alleged criminals who took the resources she now desperately needs to have appropriate care until this terminal disease takes her life. She is recently fell and broke her arm, as the disease is presenting elements of Parkinsonism, beyond the stark cognitive disability. I hope that you will be able to help even a little, but I also hope this raises awareness about dementia and the rampant financial exploitation that occurs on social media. Be vigilant about mental health with your family and friends. Thanks for your consideration and help. We have setup a GoFundMe page if anyone has any ideas to get it more publicity - if at the very least to bring more awareness that this type of thing is happening. Thanks again.
IMF urges Georgia to include mining and trade in crypto assets in foreign trade balance
https://preview.redd.it/g180fi3za7241.jpg?width=900&format=pjpg&auto=webp&s=2186c72b6f9b0a0f745c1920b1a793e2ae4b3c3f Media reported that representatives of the IMF (International Monetary Fund) have already met with the leaders of large cryptocurrency companies working in the mining industry. Miners were advised to report foreigners who buy cryptocurrencies from local crypto-asset mining companies. Given that Georgia ranks fourth in the world in the number of mined cryptocurrencies, the IMF's proposal is not surprising. IMF experts agree that cryptocurrency mining accounts for a significant share of Georgia's economy. Therefore, the government should closely monitor the industry. Now the international organization is trying to find out the real contribution of cryptocurrency mining to the country's GDP. Deputy head of Department at the IMF Mercedes Vera-Martin stressed that the production of BTC requires the import of goods, hinting at specialized equipment such as ASIC miners, as well as materials for the construction of facilities. At the same time, imported materials are taken into account in the official statistics of the trade balance. Thus, reporting on imports and ignoring exports significantly distorts the overall picture. The IMF has also prepared a special questionnaire, which should be used by official agencies of Georgia to assess the total amount of BTC mined in the country and sold abroad. #mining #trading #IMF #Georgia #regulation #bitcoin
[How to/Discussion] Bitcoin, Cryptocurrency, coins.ph, and legal implications in the PH
Three quick things you might want to know right away:
There is a newbie faq on the bitcoin subreddit. You might want to check it out.
You can buy a fraction of a bitcoin. You don't have to buy it whole. 1 bitcoin right now costs 725,000 pesos. If you have 7250 you want to invest, you can own 0.01 bitcoin.
Bitcoin is just one kind of cryptocurrency. There are other cryptocurrencies - many other types of coins - aside from bitcoin. Theres Ethereum, IOTA, Ripple, Litecoin, NEO, and many, many others. Kung anong kinaiba nila sa isa't isa, di ko alam kung ano. Bitcoin lang kasi ang nag pioneer ng underlying technology ng cryptocurrency kung kaya siya ang pinakamahal at pinakakilala.
I'm not an expert, but I'll share what I know or have observed: (1) Too late na ba mag-invest sa bitcoin? When bitcoin hit $100, $1000, and $10000, people were also asking that same question. So the answer is: No one knows. For all we know, pwedeng biglang mag-crash nalang bukas ang bitcoin at di na makabawi. Pwede din tumuloy-tuloy siya hanggang $100,000. Your guess is as good as mine. (2) How does bitcoin work? I don't know the nitty gritty, but this was a helpful analogy for a high-level understanding of the concept. A lot of people say that if you don't understand it, don't invest in it. On the other hand, if the price goes up and I get out before the price goes down, then I made a profit, so I don't have to understand it. Ako, personally, I consider dabbling in cryptocurrencies as an experiment. Gusto ko masabayan kung saan papunta yung technology and I also want to make a profit in the process. (3) Is bitcoin legal? Me tax ba to? IANAL, but AFAIK bitcoin is not illegal. Sa alam ko, walang tax to. You can look at bitcoin two ways:
Parang nagconvert ka lang ng PHP to USD and vice versa tapos lumaki yung pera mo dahil sa conversion rate.
Parang nag-invest ka lang sa mutual funds tapos tumubo yung pera mo dahil tumaas yung stocks.
Alam ko in both cases hindi mo kailangan mag-bayad ng tax. If someone knows more about this, please share. *edit: Apparently, Mutual Funds are taxed but value is reflected to NAVPS. There is also taxes in redemption which I think is 12% VAT in redemption fee between you and the MF company. Also, someone else mentioned the question of whether or not bitcoin profits should be considered as capital gains* (4) DON'T INVEST WHAT YOU CAN'T AFFORD TO LOSE I cannot stress that enough. Wag kayong mag-all in sa bitcoin. Wag niyong i-sacrifice yung mga essential niyo na gastusin sa araw araw, yung mga utang na kailangan niyong bayaran, buoin niyo muna yung emergency funds ninyo, at mag-invest muna kayo sa mas stable na investment (i.e. - MF, UITF) bago niyo paglaruan ang bitcoin. Bitcoin and cryptocurrency as an investment is very volatile. On any given day, you can gain twice or lose half of your money. At dahil bago palang at di subok yung technology, pwedeng may mga vulnerabilities pa eto na pwede i-exploit ng hackers/scammers. Wag niyong isugal kung di niyo kayang mawala. Parang pag-ibig lang. (5) How do I get started with bitcoin in the PH? The two entry points I hear the most often are: coins.ph and Abra. I've only tried coins.ph. This is what you can do:
Go to their website (coins.ph) and sign up for an account.
You have to verify your email first if you want to get anything done.
After verifying your email, you are on Level 1 verification. This means that you can only credit 2000 pesos to your coins.ph peso wallet per day and you cannot cash out at all.
To get to higher verification levels with bigger limits, you'll need:
Level 2 - phone, identification (govt ID), and selfie (your picture holding the govt ID you entered)
Level 3 - address verification (no idea how this works)
Business - business verification (no idea how this works)
After verification, you can credit pesos to your peso wallet in a lot of ways. Easiest, instant credit way is via 7-11's eConnect payment facility. Max is 20,000 pesos per transaction. There is also a 2% service fee. Yes, this means that you will walk up to the cashier in your suking 7-11 with a 20,400 peso cash payment if you want to do the max transaction. They might get shooked.
Once your "load" is credited to your coins.ph peso wallet, converting it to bitcoin is done with a simple swipe in the app. Goodbye pesos. Hello bitcoin.
Do note that a lot of people consider the rates of coins.ph to be too high and there are better options. Please do your research if this matters significantly to you. (6) Ano yung mining? Not into mining. Ang alam ko lang ay may kinalaman to sa kung paano nakadesign ang cryptocurrency, at hindi lang bitcoin ang pwede i-mine. Basically, kailangan mo ng computer na sobrang lakas para gumawa ng madaming computations, para makakuha ng coins. Pero maliit at mabagal lang yung ROI mo dito kung sakali. Tipong madaming buwan bago mo mabawi yung ginastos mo para sa mining rig + sangkatutak na kuryente na kailangan nito. Di ko na pinatulan tong mining. NOTE: Just to show how unstable this whole cryptocurrency thing is, just today, a popular mining marketplace called NiceHash went down, and along with it, over $60M dollars worth of coins. Some say it got hacked, some say tinangay nung site owner yung pera. (7) Paano mag-trade? Pag sinabing trading, eto yung buying and selling of different cryptocurrencies. Para magawa mo to, kailangan mong mag-sign up sa isang exchange at ilipat yung coins mo dun. Halimbawa ng mga cryptocurrency trading exchanges: bittrex, bitfinex, coinbase, poloniex, etc. Otherwise, ang concept niya ay parang trading lang idn sa stock market. NOTE: Wag ka magtrade kung di mo alam ang ginagawa mo at di mo kayang isugal yung pera mo on top of yung sugal ng pagi-invest sa bitcoin. Madaming nasusunugan ng pera sa trading. Pinaglaruan ko to sandali at malaki pa ang lugi ko na di ko pa nababawi. I should have around +35% of the money I have now if I didn't trade. So try trading at your own risk. It can make or break your cryptocurrency experience. (8) As much as possible, use a hardware wallet Just so you know, this is supposedly the most efficient way to secure your coins. Personally, I haven't gotten a hardware wallet yet. I use Bread wallet, which is an open-source software wallet. Sabi naman ng madami secure daw ang Bread. I keep all of my bitcoin in Bread, except for the bitcoin I play around with for trading. If you have 1 or more full bitcoin, you might want to get a hardware wallet though. (9) Cashing Out If we still use coins.ph as an example, they have multiple cash out options (cebuana lhullier, mlhullier, security bank, etc). So you can convert your bitcoin back to php and when it's in your php wallet, you can cash it out. Note though:
Your cash out limits are restricted based on your verification level in coins.ph
Converting bitcoin to php will get counted against your cash in limits
Hindi ko pa nasusubukan mag cash out so take all this with a grain of salt!
Also, someone mentioned buybitcoin.ph as a cash out option Ano pa ba? Ask and share your cryptocurrency questions, stories, tips, and tricks.
A proposal for a decentralized social network layer capable of storing rich media
Storing the content in a distributed space is obviously very tricky. Most ongoing projects try to provide a monetisation layer that's used to subsidise those who provide a storage facilities (e.g. Filecoin x IPFS). That won't work in a social network: it's tricky enought to enrol people in a network where they need to pay something to post*, and it's likely impossible to bootstrap a new network where they have to pay to download a picture. We should take into account there will likely be some suitable monetisation protocols in the future, but we need to figure out how to bootstrap a network without such.
Considering the above statement, we have to design a media layer that will engage people in seeding process voluntarily. I believe that's not completely impossible, albeit as well tricky.
To reach masses the layer should be accessible from within any standard modern browser as is, including mobile versions, without installation of any extensions / native apps.
To prevent exploitation by bad actors willing to put implementations under radar, the layer should provide content categorisation out of the box. At the same time, there shouldn't be any mechanisms that can implicitly or explicitly exclude certain content from the network.
It's impossible to design a layer that will guarantee the permanent storage of the media content. The best storage layer we have to date is blockchain itself, which won't provide enough space for at least another decade (if ever). That's not inherently bad for social networks: as was proven during last five years, the disappearing content is a feature in itself. That said, the main task for the layer is to provide a possibility to everyone to bootload a certain piece of media into network's 'memory'.
there are proposals that are completely out of blockchain space (e.g. (Fritter](https://github.com/beakerbrowsefritter), but I believe social networks need at least some level of persistence, which is likely impossible to achieve without a blockchain these days. That said, memo/peepeth architectures are those I treat as the most interesting, and the former is definitely more intriguing due to the utxo model.
The proposed idea is based on a play of three actors, or a triangle of 'Original Posters' 'Moderators' and 'Viewers'. Below is detailed explanation of each role, and there are some sub-roles that will be discussed alongside. Original Poster is anyone connected to the internet who is willing to share any kind of content with the world with only modern browser and a content itself in possession. Moderator is anyone in the connected world who is willing to be engaged into a socially important role with only a desktop computer with decent amount of free disk space in possession. There is no need to ask a permission to become a moderator. Viewer is anyone willing to enjoy the media without the need to be engaged with existing social media platforms. Base technologies:
A webtorrent enabled website with a support of basic bch wallet functionaloty.
A webtorrent enabled website with a feed of op_return messages. Note: 1 and 2 can be implemented as a single platform. (e.g. instant.io x datacash x chainfeed)
A webrtc enabled cross platform desktop torrent client hybridised with a bitdb instance
A webtorrent enabled torrent tracker(s)
The flow: The Original Poster uses a web browser to create a torrent of the attached media. OP registers the torrent on a tracker, puts infohash alongside a tracker url and desired hashtags into op_return and publishes the memo formatted transaction to bitcoin network. The progress bar shows the status of the 'pseudo' upload that's familiar to most non-tech savvy people. During that phase the content is in network’s ‘working-memory’. The Moderator uses software to parse the op_return feed. The software continuously downloads all the media from initial seeders and presents it to moderator one by one. It does not open itself as a seeder until moderator decided whether this is a kind of content worth bothering. It's completely subjective decision and every moderator can follow personal strategy. It can be imagined as clicking the green and red buttons where the red one is clicked if the content is subjectively a complete garbage. Once the green button is clicked, moderator becomes a seeder of the content. Moderator can also 'reply' to OPs message with hashtags: every hashtag that corresponds to one of initial hashtags gives it additional weight. Every omitted hashtag loses weight. Some new hashtags can as well be introduced by a moderator. The deeper the history of moderator’s categorization activity, the more weight categorization transaction gives to hashtags (but this is a higher level concept and can vary from implementation to implementation). Moderator creates an internal queue of stored media and deletes the oldest content as soon as the storage threshold is hit (but some other policy can be implemented if moderator decides so). Described above is a level00 moderator who decided to judge the very unclassified content that's received directly from initial seeders. If the collective speed of content approval is lower than speed of new content introduction, OPs is notified that it maybe necessary to wait for a prolonged time for content to be uploaded, or the fee can be included towards a 'super-moderator' address, so moderators who operate under a single swarm will priorities that content. That address can be a mulitisig where each moderator is a part of a joint account. Once in a while they unlock funds and distribute them in accordance to each moderator's contribution based on the number of 'categorisation transactions' – replies with hashtags, and there can be additional rules that prevent cheating such as only one categorisation transaction to each OP post is taken into account, or rules with some degree of centralisation that encourage seeding, such as the more the moderator seeds the more he earns from these fees if the swarm operates under a single tracker). Alternatively, payouts can be implemented as simple and centralised as existing mining pools. There are Moderator sub-roles, such as a moderator can choose to only parse the content that was categorised to some degree (e.g. only nsfw content, or only non-nsfw content). The deeper the categorisation, the more precise is the kind of content that's fetched by a moderator, to a degree where moderator can actually enjoy the process a lot as he approves the kind of content he is the most interested in, akin to browsing chronologically filtered subreddit feed. Moderator can also choose to parse several 'categories' simply by 'subscribing' to several hashtags or hashtag tuples. The subroles can be named like moderator level01, level10, level11 etc. By replying to lower level moderator's categorisation transactions, higher-level moderators gives or removes hashtags weight. The Viewer is presented with a feed of op_return media posts (similar to chainfeed.org), and the content is fetched on the fly from the webtorrent network. The moment the content is fetched the viewer becomes a seeder and continues seeding for as long as content is cached inside browser's storage. That way, the more moderators have approved the content, and the more followers the OP has, the longer the content will persist in a network's 'short-term’ memory. The Viewer role has sub-roles as well. As soon as the user is engaged into that kind of social network, he can become a Loyal User by installing a special software on a desktop computer that is very similar to Moderators's software, but differs in a following way: viewer inputs Memo account identifier (which is a bitcoin address) into the software that only fetches and seeds the content that was liked by a user, completely in background. As the whole network state is a public information, each user can increase the level of loyalty by specifying the maximum 'dimension' of the content being fetched and seeded, where 1D is the content liked by initial viewer, 2D is the content liked by initial viewer and accounts followed by initial viewer and so on, up until around 6D, where mostly anything that was liked is stored within individual's storage threshold. Loyal Viewers can adopt different policies to restrict the content being fetched and seeded by blacklisting or prioritising certain hashtags, adopting some third-party priority/black lists, as well as specifying storage threshold. Contented that is stored by Loyal Users can be imagined as persisted in networks ‘long-term’ memory. The more Loyal Users are engaged in a network, and the more likes certain content has, the longer it will be stored. It's worth noting that centralised torrent trackers are not points of failure per se as they are mostly used to pass the content from initial [browser] seeders to moderators. As soon as the content is approved by at least one moderator it can be listed on different trackers operated by different entities, and there can be a rotation of trackers if necessary. That said, each moderator can always re-register all of the content in possession on a new tracker, and the tracker can be adopted by web op_return feed providers. Moreover, the ongoing evolution of browser standards related to web-workers will make in-browser dht lookup a reality in a 2-3 years, which is likely a reasonable window to bootstrap such a network. OP can use some trackers only known among neighbours in particular area. The layer is vulnerable to a situation where trackers blacklist certain content, and such content can be accessed by using a different op_return feed provider with different trackers, or a native app that will be able to fetch content seeders from the dht. Networks such as i2p can be used to create deep media layers operated anonymously. Also, as Tor is adopted by mainstream browsers (e.g. Brave) Viewers can access trackers through Tor, and such trackers are more resilient. These viewers will be unable to seed, however. The layer is capable of storing any kind of content, but during bootstrap phase it will be most suitable for images, short video/audio messages, markdown formatted blogposts with embedded media. Each Moderator / Loyal Viewer can adopt different policies related to the size of the content being fetched and stored according to investments into storage facilities. If the proposed idea works, there will be parties willing to store some heavyweight content such as movies. If the layer is accessed from within a native app, it's even capable of livestreams, where the more users are watching a stream the more bandwidth there is for others to join, completely without any centralised content distribution networks. As outlined above, the layer consist of short-term memory layer capable of storing content for minutes-days, and long-term memory layer capable of storing content for months and probably years. I use biological metaphors here instead of computer science ones as in my opinion the behaviour of this media layer resembles human memory more than computer memory, as ultimately it's a collective human brain decides what to remember and for how long. There is no guarantee that something will be stored at all, and at the same time some kind of content that's collectively perceived as valuable can be stored for a prolonged period of time. Few words in regard to monetisation. Some heavily engaged players can choose to archive old content and provide access in trade for some micropayments. I see like the Joystream protocol can be used here with little changes such as adoption of webrtc transport protocol. Some different monetisation strategies can be discussed later as microtransaction technologies are more mature and well understood. I am willing to form a workgroup of developers and creative enthusiasts who find the described idea interesting. I have been thinking about a possible starting point, so I have acquired the BlockPress source code with intention to distribute it in open source. We postponed the announcement a bit as the process of open-source release always takes time. BlockPress is an alternative Memo protocol implementation with a rather slick UI that's familiar to non tech savvy users - the quality I find extremely important. I think this can be a good starting point. If you think so as well, feel free to drop me a telegram message @taowanzou or [proton mail](mailto:[email protected]). Follow me on memo as well! Sorry for any possible mistakes as English is not my primary language. And thanks for you time reading this!
https://preview.redd.it/7q31qi5y7q431.jpg?width=640&format=pjpg&auto=webp&s=c982863926f61ea8fe8b8ad3fa798bb0e8b5b57f Hi crypto friends. In this article, I will talk to you about the fully managed Mined Block project. Firstly: "The World of the Future" will be a digital world. In the future, it is inevitable to add the “fiat currencies digital to the digitized ones, the central government money circulating in the market. In this context, the technological appeal of the blockchain attracts the attention of some states. Because blockchain technology reduces transfer and storage costs at exceptional speeds and inexpensively. The starting point for Blockchain is that it started with the emergence of Bitcoin, the first cryptocurrency in 2009. As with all innovations, initially criticisms that this was a trap, a structure would not work, and how the value was determined did not come up. The best thing about Mined Block is that it allows mining in areas where electricity costs are very low, thus preventing electricity consumption. The goal of building a large mining plant to serve Mined Block Token owners. Solve the problem of making profits from mining from top coins; reaching places where renewable energy prices are very low due to electricity costs. Therefore, they will increase the share of mining. In addition, the purchase of large quantities of mining equipment will ensure the best discounts. One of the important pillars of crypto working principles is mining. Mining is the fuel of every blockchain and crypto network operation. Perform complex mathematical operations to validate and complete mining computers to make a transaction. Therefore, mining farms play a vital role in the functioning of the crypto economy. Mining also allows you to make better crypto money. Although not everything is as sweet as it looks. In recent years, mining conditions have changed dramatically and it is very difficult to make profitable mining. Each month, MinedBlock will distribute 75% of its mined revenue to the ETH holders. The remaining 25% will be used to expand mining facilities and get tokens back at market price, which will reduce circulation. Long-term retention of MBTX means that the ETH, which owners receive each month, will increase due to the fact that it holds a larger percentage of the supply, which means an increase in productivity as the mining plant grows. ADVANTAGES OF MIND BLOCK
The geographic location was chosen to set up a mining farm will provide huge benefits to the project. Project developers save electricity spent in cooling the equipment due to the cold location. This helps to increase the life span of mining equipment.
MinedBlock has decided to utilize green electricity generated by green resources, which helps to make mining very profitable.
Tokenization helps to make every mining farm operations and business transactions to go transparently. Thus every mining participants have a clear picture of every mining operation being done.
The team's decision to offer tokens through STO will increase the credibility over classical ICO model.
Investors will get huge benefits by investing in MinedBlock. As they will receive 75% of the mining profit generated and 25% will be taken by MinedBlock team. The team will utilize these profits in further development, expansion of mining farm and to raise the value of the internal token.
MinedBlock also provides an opportunity for token holders to cast their votes in future developments and mining farm expansion.
Hello everyone. If you don't know already, I'm LuxLoser, lead developer for Hearts of Durasteel, a Star Wars mod for Hearts of Iron IV. This first progress report is to convey the general state of the mod and basic information. I will also be adding posts for the available leaks/declassified documents from the Discord, and the next progress report will come once the map is fully created, at least visually. THE MAP The map of Durasteel is a major component, as this isn't just an alternate history mod. Instead, it takes the map of Earth as we know it chucks it out, instead giving you a full map of the Star Wars Galaxy. "But how?" you might ask. Well, the first thing we have done is create planets. They will be flat, 2-D items, representative of the planet as a whole. Think of it as a top-down view of a flattened globe, and the march of troops around the planet represents control of a certain region, of the southern hemisphere, of the large sea, of the mines, etc. The small provinces within the planets mean that planets aren't just one time battles but at times lengthy campaigns. Events during battles will also help make up for the limitations we have in depicting interstellar ground warfare. Planets that have no importance or are inhospitable and not valuable won't be depicted. Instead it is 'major' world displayed, not a star system. Various moons and satellites, however, are displayed near the planet, and important systems within the same system are placed close to one another. Here is a look at the map layout, though it is, of course, constantly being updated. And here is an example of a planet and moon. When we first started testing this idea in practice, the map looked like this. From there we did more refinement and ended up with this. You'll notice it very much looks like a bunch of islands in a very open sea. Technically, that's what it will always be, but we want to simulate the idea of a simplified map of space. We are still refining it, but the biggest things we tackled were: 1. the reflection of clouds, 2. waves and sea texture, 3. a space background. The reflection issue was easy enough, and we were able to figure out how to put in a background (admittedly still darkened and desaturated) not long after. But the issue of waves persisted. However, not long ago, we hit a break through and were able to remove the waves. Here is the physical map as it exists presently. Here is a look at Coruscant and its moons and 'orbit tile'. And finally, here is a close up of Alderaan and a look at the stand-in "planetary ocean", which is blue mountains. We're still looking into improving the look. We still have on the map agenda: 1. The sun. There is a light glare on the 'ocean' we are looking into disabling. 2. Improving the color of the background 3. Creating a proper, detailed space background with fairly accurate stars and easy to see hyperlanes 4. Improving planetary ocean look 5. Improving the height map to remove the rough look of the 'islands' NATIONS A lot less to cover here as I just want to clarify a few things. Firstly, we are not going for a plan of “every planet a tag.” Instead, while we do have plans for a number of tags, the approach is to have at game start, a large nation in the form of the Galactic Republic. The Republic will not be entirely united, with regions moving away from the Republic shown as separate puppets. This is a sort of narrative tool, as it shows that while some regions within the Republic have their own agendas, they believe in the Republic and respect its government. Near the Republic will be the CIS, focused on Serenno led by Dooku, at this point a growing movement that rejects the Republic government. The corporate states that he is enticing will be shown as moving away until the Battle of Geonosis comes and lines are drawn in the sand. The CIS will swell and the war will begin. The Neutral Systems will spawn not long after, refusing to accept either side of the conflict as their sovereign. Alongside all of this will be the Hutts and the Chiss. The former will be a large but fractured group, each of the leader of the Cartel having their own demesne. And the Chiss will be sitting in isolation, content on tackling their own issues. So, at the start there will be only a few nations available. Why? Well the reason this mod is being made with Hearts of Iron IV is the unique way in which the event chains and the focus trees can be used to tell a story for a nation. Our objective is in taking Star Wars and allowing the player to craft their story. Fewer tags, more paths, more branches to the stories. Some of those stories will include switching to a different tag of a new nation, others will not. That the story is logical, sensible, and that the ways it affects the galaxy are cohesive is what will be important. Because Star Wars isn’t just some science fiction setting. It’s a Space Opera, a dramatic saga of heroes and villains, of the rise and fall of nations, of legends and myths, of prophecy and legacy. While we want to give the player choice, we have to be careful not to give total freedom. The massive conspiracies, intertwining stories, the presence of the Force, and the overarching themes of Star Wars mean that you can’t just be a rogue agent. There will be consequences, events that transpire because of things beyond your control. I want each playthrough to feel like it has a narrative, a story told in an unconventional medium. When you click “Senator Amidala dies!” I want it to be a little more than just an event that changes your focus tree and gives you some political power loss. I want the events that unfold, the war that ensues, the future that is written to feel like it was destined, not just random occurrences bumping into each other. That was a bit of an avant-garde rant there, but hopefully you’ll know what I mean as things progress. But the question you might still have on tags is, “Well what about later on?” And that is more than fair. Ultimately there will be a number of tags, but mostly regional, with a few planets collected together around regional leaders. Forming each will take specific circumstances. So why not every world a tag? Well it also helps to demonstrate my personal view on how an interstellar nation functions on a greater scale. Namely, some systems are effectively “swept under the rug”. Due to the distance from major trade routes, economic capacity, population disparity, and military size, the neighbors of larger worlds are going to rally behind regional leaders, due in part to being just unable to stand alone. Worlds like Alderaan and Corellia, while having separate representatives than their neighboring systems, would have such sway and hegemony that the only reason their neighbors wouldn’t vote with them as a block is personal politics, and even that is more like one region being more liberal than another within one state and so electing a different party to the shared delegation than the others. But if the Republic were to just be dissolved, Alderaan’s neighbors, despite political differences, would be forced to work together, and work with Alderaan, to survive. This is partly due to the needs of a population accustomed to an economy where resources are practically infinite due to the shared resources of so many worlds in the galaxy. Unless a planet wanted to become an austere hermit kingdom, they have to work with more powerful neighbors. The materials used for infrastructure, the energy sources, the technological grids, the economic sectors, everything on a planet would be accustomed to what was available on the galactic market as a whole. Doonitum is common is some areas, but may be utterly unavailable on a planet. However, their security fleet is still made with doontium hulls, despite the metal not existing on their worlds. So unless they want their planet invaded and crushed, they need a doontium trade to survive. The other component leading to regional leadership is how space travel works in Star Wars. Hyperspace Routes, planned paths of transit, and the perils of ‘rough space’ via nebulas and asteroid belts and so on, means it’s almost like Earth before air travel. If you’re far from a main route, ships will need to go through perilous, uncharted regions. Even before making that journey, if you’re an isolated world far from any routes, ships are first going to jump to the nearest planet close to a safe Hyperspace route. Imagine you’re a town near Florence in 13th Century Italy. Traders go to Florence on the main road before trying to reach you, and if it’s too much risk, you’re better off sending your own traders into Florence before they return. Say you’re on a minor road, one that branches off of the southern road to Florence. You want goods from north of Florence? Then you’re reliant on Florentine traders bringing it. And when war comes? You’ll need the Florentine army to hold off invaders. And so, despite disliking Florence, having your own culture, traditions, and political views, your town is under the jurisdiction of the Florentine city-state. Replace Florence with Corellia and Corellian and you see that due to the nature of hyper-space transit and the constrictions of moving through space itself, history has almost become cyclical for these minor worlds. Not to mention that as this situation persists, Corellian culture, ideals, and people would seep in, until what you have most in common with other minor world near Corellia is just Corellian you all are! On a less philosophical or artistic note, let’s be honest. You really want to try to manage a game where you’re the faction leader of 50 minor nations, all with their own AIs? It would be a nightmare, especially when the war starts and each AI tries to command its own troops. And a major city on a planet falls? Rather than just lose some war score you can regain as your troops on the moons or nearby work to reclaim it, you instead get “THE WELSH UNION HAS CAPITULATED,” giving your enemies free reign in the territory, a huge hit to score, and the cession of control of worlds despite losing little on them. IDEOLOGIES This will be getting a separate post soon as well. Durasteel presently has 11 set ideologies, with a 12th being in discussion in the form of “Grayism”, or “Neutralist”, meaning a state under the control of Gray Jedi. However, this is not yet set. Some of these ideologies, like New Order, the sides of the Force, and to some degree Akaan’adocrat, come from Star Wars canon or from Legends. But Star Wars has always been vague on its politics, leaving to us flexibility and creativity in developing coherent ideologies for gameplay. Each ideology in the image has a definition but I want to elaborate on that definition here.
New Order: This is the Empire. Now some people think that the Empire is just under the control of the Dark Side. This is incorrect. The Sith had no official role, and in fact the Emperor’s status as a Force-user was kept secret. Instead, the New Order was maintained by ideology, pushing for more than just loyalty and authoritarianism, but a veneration of the state and of order. Palpatine wanted state worship to even supplant religion. It doesn’t require a Sith at the top, and puts all focus on the centralization of authority and the creation of a powerful government.
The Dark Side of the Force: Pretty much what’s on the tin. This is a flexible ideology, as the Sith may be more ‘egalitarian’, like Darth Kaan’s Brotherhood of Darkness, or it may be a New Order-like state akin to Darth Revan’s Sith Empire, or a proper magocracy like Darth Vitiate’s Sith Empire. Whatever the case, the Sith are present and in charge. And while some Sith might have a smarter outlook than murdering their only source of knowledge and power as quick as they can, succession will always remain determined by competition, on struggle and Darwinian politics, even if not lethal.
Unitist: From here we have the first original ideology. Unitism is a bit like New Order Lite. It wants strong leadership and centralization, but rather seeing the state as a higher end in itself, the state is supposed to be a protector of the weak and an arbiter in conflicts. Think Paternal Autocrats as opposed to National Populists. Furthermore, Unitists value personal liberty. Speaking out against the state isn’t heresy like followers of the New Order believe. In fact, the strong state should protect people’s rights. This ideology is a lot of dreaming and a lot harder to put into practice without slipping into Corism or New Order, but in some ways you can see it as the ‘good twin’ of the Empire.
Akaan’adocrat: So first, the name. I combine Stratocrat with the Mando’a word ‘akaan’ade’ which means army. It’s basically a stratocratic military dictatorship, distinct from the New Order or Unitism in that political power is not vested in a wise leader or impartial political arbiter, but the strongest and smartest warrior, the highest ranking official. In an Akaan’adocratic society, there are no civilians or civilian institutions. The military and the state are on and the same. So while that is most typically like when the Mandalorians are united under a Mand’alor, the ideology is also used for when an Admiral or General seizes control of state and declares martial law, conscripting the population. Perhaps it’s temporary, perhaps not, but during this period of organization, political commentators of the Star Wars Galaxy will label the state’s ruler an akaan’adocrat, even if as a pejorative.
Corist: Corism is an ideology that is totally original, but looks to provide an explanation for the many aristocratic democracies in Star Wars. Naboo elects a Queen who has total royal prerogative, and comes typically from politically and economically prominent families like the Naberries, and Alderaan is an elective monarchy ruled by noble houses like House Organa or House Thule. And yet they are proponents of liberal democracy. Maybe it’s pragmatic, but I think it’s a matter of ideology. Now the characters we see from these worlds, Padme and Bail Organa, aren’t proposing their local system on a galactic scale… but surely some people are! Not to mention local politics. Corist think a noble elite need not to rule but to keep an eye on things, be a guiding hand in democracy. Like having a powerful House of Lords, or a truly democratic Authoritarian Democracy.
Distributionist: Leftist politics are basically… nonexistent in Star Wars. And, in some ways, it makes some sense. They have a large state that has an effective super-abundance of supplies but transport and uneven industrialization makes distribution of resources a means of creating a market. Marxist thought might be more prevalent away from the Core, but these disconnected regions are also less politically inclined. So it’s probably a smaller movement and more on a local level. Still, where it has shown up, at least in rhetoric, is in Droid Rebellions from Legends. So, I took these ideas, that distribution was the problem, that droids have used leftist ideals in their quest for equality, and that extreme poverty is still a major, if dismissed, problem in Star Wars. Enter distributionism, which seeks to seize the means of production and ensure fair, free distribution of goods, utilizing automated and/or optimized systems to ensure this, and droid liberation is a… semi-divisive issue. Better treatment? Sure! Personhood? 50-50 on that one.
Corporate Consortium: So this is just a corporate state. Or a state driven by profit at least, making gangs and Hutt cartels a corporate consortium too. Admittedly a bit influenced by the idea that many gangs and criminal operations operate like companies in illegal markets… or that corporations are criminal operations in legal markets.
Trade Democrats: Forgive the uncreative name, but it was developed to explain and create a more liberalist faction of the Separatists. They believe in a free market, in a free people. In fact, freer the market? Freer the people! So long as, of course, you get rid of corruption and back room deals that actually constrain the market. Now some Trade Democrats think you need to constrain monopolies to keep the market free, as corporate tyranny is just another type of state intervention in the economy. Others disagree, and think a monopoly is just a successful business, and if it isn’t make corrupt dealings it deserves to stay, with the market dictating when people get sick of them. As you can guess, this makes their general alliance with Mega-Corps like the (Insider) Trade Federation, TechnoUnion, and Banking Clans a bit contentious at times.
Ruusanist: This one is original and steeped in Legends lore, but effectively is just conservatives. Not nationalist ones, but actual defenders of “status quo,” a status quo made a thousand years ago during the Ruusan Reformation, which happened under Chancellor Tarsus Valorum at the end of the New Sith Wars. Valorum led the Republic fighting another Jedi-Sith War, having taken emergency powers to do so. It was a war where a decentralized Republic allowed the Sith to grow strong, and saw Jedi establish themselves as benevolent warlords, so called “Jedi Lords” that formed the Army of Light, who brought the war to more corners of the galaxy. So in reaction, that meant no militarism, but a far more centralized state, and a big fat hell no to Jedi political power and autonomy. Valorum also weakened the Chancellery to prevent a tyrant from abusing the powers he had been so easily given during the crisis. Now that status quo has long been dead, but Ruusanists think and/or want it to be the case. So they hate the separatists for going against centralization, hate the Chancellor and his supporters for giving him power, hate the Jedi leading armies, hate the army for existing, hate the Inclusivists for weakening the Republic, hate the Corists for infringing on Democracy, and well, you get the picture.
Inclusivists: A new term to describe the most prominent moderate liberal group that seems to control the Republic just before the Clone Wars. Inclusivists believe in cultural pluralism and relativism, that every group has a valid opinion that must be heard and accommodated. This also means welfare to afflicted groups, expanding representation, more government regulations and intervention, and a general mentality of “everyone is right” democracy. While pretty good intentioned, it’s pretty easy to see where this optimistic, regulatory, social justice minded movement can hit some obstacles, and how their system can see plenty of inefficiency and abuse that allows corruption and bureaucratic failures to arise. They include folks like Padme Amidala of Naboo, Bail Organa of Alderaan, Mon Mothma of Chandrilla, and much of the Delegation of 2000. They want unity but want peace with the separatists to try and address the separatists’ concerns. Of course, the irony is that many of the CIS grievances are because of Inclusivist policies.
Light Side of the Force: I intentionally had this one written to mirror the Sith. And before you go “Horseshoe Theory sucks!”, it’s more because the two philosophies are designed to be mirrors of each other in many ways. Also, Jedi philosophy is nice and dandy for secluded ascetic monks, but to average people? Very hard to rigidly apply, and susceptible to seeing rebellion against it’s strict tenants. A Light Side state is thus going to be pretty fragile at times. People will resist, chaff against the system at times, and the Jedi have to be very careful if even if they aren’t applying Jedi philosophy strictly to the general public. Because in a Light Side state the Jedi have political power, and, well, power corrupts. The leadership has to be veryvery careful they don’t let ambition and selfish desires come into play in their government or they could have a sect of Dark Siders with control of the nation forming right under their noses. A little cynical? Maybe, but half the theme of Sith and Jedi is that it’s hard to stay on the path of good, and easy to fall to corruption if you aren’t careful.
RESOURCES Lastly, we have also begun implementing new resources into the mod. None of these are made up, though some lean more into Legends, as that continuity provides more detail in terms of military supplies. These are as follows, and in order on the screen:
Durasteel: A durable synthetic material, it is vital in construction and is needed for construction of weapons and armor, as well ground vehicles and repairing infrastructure.
Blaster Gas: The volatile gases used as ammunition in blasters, which heat the gas to produce amazingly condense plasma bolts. This is needed for making weapons to arm troops and for weapons on your ships and fights.
Raw fuel: A generic category for the various kinds of unrefined substances that are needed to power ships and vehicles, with more than one compound being capable of refinement for use in engines.
Doonium: A decently rare but valuable metal that is needed for creation of ship hulls and heavy armor for vehicles. Doonium is to your navy what Durasteel is to your army.
Circuitry: Another generic term referring to various advanced, but standardized circuitry needed for advanced weaponry/vehicles and, of course, for droids. Much of it can be salvaged or created from various scrap worlds, as well as produced from newer facilities.
Cortosis: A very rare material that is capable of blocking lightsabers, and a thin, processed cortosis weave can even be used to disrupt lightsabers, though this is not commonly known. Instead, what it is primarily needed is for the creation of heavier units and advanced ships, as a cortosis coating on hulls renders them able of absorbing some blaster fire.
Credits: The currency of the Republic, as well as representing the currency of other nations in the value of Republic Credits. Credits will be needed for just about everything, but particularly for commissioning troops, be that Clones, Droids, or Mercenaries. Credits are interesting is that best we can tell, they have physical form, but are vastly more commonly digital, making the physical copies a low-tech way of transferring a primarily virtual currency, like physical bitcoins. Not to saw Credits are data-mined crypto-currency, but it is instead a galaxy wide, well, measure of credit, since a physical currency would be too hard to control in terms of inflation, deflation, devaluation, and circulation over to vast a place as a galaxy. The ubiquity of credits in being required for most things demonstrates the way an interstellar currency functions: “I need credits for everything.” Why? “Because credits are valuable.” Why are they valuable? “Because I need them for everything.”
Alright well that’s most of what I wanted to address in this report, giving everyone an awareness of where the mod is at in terms of development. Hopefully we can have more regular Progress Reports, but with University, work, and other projects that devs are involved with, we’re trying our best to move as quick as we can. Thank you all for your support. Vode An!
I have an ambitious goal of lobbying and launching a country-wide Bitcoin adoption. For that I need your thoughts and insights on building a roadmap for that. To depict a clearer picture, let me begin by telling you a short backstory. I am from a small post-soviet country of Armenia with 3 million population. A couple of months ago, the party I am a member of led the Armenian Velvet Revolution and came to power in the country. After having been in extreme corruption and poverty for 25 years, we have finally planted the seeds of healthy economics and justice in the country. After solving the first priority issues in country, we are now starting to plan in a longer term. I am a firm Bitcoin believer and I cannot help but see how huge can be the benefits of Bitcoin adoption for a country with growing economy ($3600 GDP per capita right now). The new government of Armenia is extremely selfless, people-oriented and open for innovation. Therefore if me and other local crypto enthusiasts come up with well-grounded reasoning for Bitcoin adoption and a proper roadmap, the government is likely to embrace it. Good thing about Armenia is that being a small country, we can act like a startup - make quick decisions and iterate on results. How is the current situation of Bitcoin in Armenia:
We have no legislation regarding it, whatsoever
There are 2 physical exchanges where you can buy and sell Bitcoin with 5% margin (clearly unauthorized and not taxed)
A few former oligarchs have large mining facilities next to their hydropower plants. Some techies like me run small mining facilities.
So, basically nobody in Armenia cares about Bitcoin right now. What opportunities we have:
Our country is very sunny. Is there a practice of running mining facilities on electricity from solar plants? Is it effective?
We have a strong tech community that will collaborate on new, ambitious tech projects. A few 'blockchain' associations and startups but none promoting Bitcoin.
We have a government that came to power through decentralized protests, and which now likes listening to people and making decisions benefitting everyone.
What possible steps I have in mind for Bitcoin adoption:
Giving a legal status to Bitcoin. Is this required? Which is the best status to give? A currency? An asset?
Enabling crypto payments for businesses. For this we need an instant electronic crypto-to-fiat service, right? So that taxes are paid right after accepting a payment. Now, as I understand, this crypto-to-fiat service needs to run on a local BTC exchange in order to support the local fiat currency. Is my train of thought correct?
Based on the information provided, I would very much appreciate your thoughts and feedback on all of this. Am I thinking in the right or wrong direction? If you were the country leader, would you do it in the steps described above or in a totally different way?
"Advantages of buying artwork and commissions with cryptocurrencies" - I would like feedback and critique to make this better. How is my argument?
Has anyone considered accepting BTC for commissions, and even commissioning artists with cryptocurrencies? As artists, and the clients of artists, we need something efficient that will also protect our interests. I believe that cryptos have a good future with the art world and our merchants, and here is why. Advantages of cryptocurrencies over paypal (for both buyer and seller) 1. International, and can be used anywhere, esp in countries not served by paypal For example, say that you are an American and you use the USD, and you have an artist in Ukraine that you want to commission. However, Ukraineans cannot accept payments through paypal. An easy way to solve this would be to use bitcoins, which is legal and accepted worldwide with no middlemen. 2. Anonymous for both buyer and seller (good for porn artists, lolis, furry, ryona, other "questionable" art niches) A lot of artists draw things that we may not want the whole world to know, let alone have it attached to our personal lives and our names. Same with clients who buy commission from artists. 3. No middleman with draconian rules (like paypal against porn, for example) When you use cryptos, you answer to no one. You can buy whatever you want, and sell whatever you want. Sell all the loli furry commissions you want, and no one will be the wiser. You don't need a middleman giving you terms and conditions for using their service. You have your own wallet that you can do whatever you want with. It's truly a peer-to-peer transaction. 4. Lower fees Middlemen take a certain percentage for you to use their service. If you have your own crypto wallet, you only pay the "mining fee" (or gas fee, transaction fee, depends on the cryptocurrency) to a miner. However, this is STILL lower than what paypal charges. I will show you an example, where an artist charges $50 for a sketch commission: image In this picture, it shows that if an artist charges $50 for a sketch, paypal will take $1.75, while if he used bitcoin, he'd only be paying a transaction fee of $0.12. 5. Faster confirmation than cards/international exchanges Even if you can use a credit card to buy coffee right then and there, it usually takes 2-3 days for it to clear on your card. Cryptos, however, get cleared within a couple hours at most. 6. Buyer can't fraud and pull out, but then you rely on your reputation more Many of artists had that one or two buyers who, once receiving the artwork, pull the money back on paypal. You don't have this issue with cryptocurrencies because once money is sent and in the seller's hand, it can't be taken back (kind of like cold hard cash). On the other hand, the artist will need to keep his reputation and provide a good service, which he should be doing anyway. 7. Easier to set up than paypal All you do is get a hardware wallet, or download a desktop wallet like Electrum. Bitcoin Core wallet takes a while to load all the blockchains until you can use it, but after that, it's good to go. You don't even need a social security number or a tax ID. 8. The government doesn't tax your crypto earnings (unless you exchange it for fiat, then it's considered profit)... I am not against paying taxes, and it's not the government "stealing" from us. It's what keeps our roads fixed and our public facilities functioning. However, you do not have to worry about taxes on your cryptocurrency earning and spending unless you decide to exchange your cryptos for fiat. Disadvantages of cryptos over paypal/fiat:
speculative and the price goes up and down
not as many merchants accept crypto payments at the moment, so if you want to use it today, you'll likely have to exchange for fiat
Let me know if you have any questions or recommendations that I should add to this list.
this article from yves smith spells out a pretty bleak picture of what mining is starting to do to the global energy supply. notably: current bitcoin mining rate of consumption is 32 terawatt hours annually - approximate to the consumption of Serbia. As bitcoin continues to increase in value, the energy costs involved with mining will continue to increase, and this is of course by design.
In just a few months from now, at bitcoin’s current growth rate, the electricity demanded by the cryptocurrency network will start to outstrip what’s available, requiring new energy-generating plants. And with the climate conscious racing to replace fossil fuel-base plants with renewable energy sources, new stress on the grid means more facilities using dirty technologies. By July 2019, the bitcoin network will require more electricity than the entire United States currently uses. By February 2020, it will use as much electricity as the entire world does today. This is an unsustainable trajectory. It simply can’t continue.
So, what's the roadmap out of this situation? Or is it so structurally built into the concept that we're gonna run into energy caps before we run into other stabilizing forces? As a relative novice, it seems like lowering the energy costs would adversely affect the structure of this tech at a fundamental level - but its entirely possible i'm missing something.
Another Quarter, Another Release! The Groestlcoin production factory has been working overtime as always in order to deliver even more tech to push Groestlcoin mainstream when the time comes. There have been many new fantastic wallets and exchanges added to Groestlcoins repertoire over the past 3 months so we will re-cap these before moving on to what is new today.
Groestlcoin added to SatWallet – A 3-in-1 service. Multicurrency wallet, exchange and soon a debit card!
ChangeHero announced a week of 0% commission for Groestlcoin trades.
Added to BC Bitcoin cryptocurrency exchange, offering 8 fiat pairs!
Added to Chameleon Pay mobile wallet for Android and iOS!
Added to the Okex' strategic partners cryptocurrency exchange; CoinAll! Offering BTC and ETH pairs! With a 21,5000 GRS Giveaway!
Added to Spark Card! Our second MasterCard for Groestlcoin! Provided by Pungoio, powered by TarjetaSpark and issued by Mastercard!
Added to Swirlpay! A decentralised peer-to-peer payment gateway.
Added to Archos Safe-T Mini hardware wallet! Built around encrypted Chipset memory.
Added to Agama Wallet – A multi-asset encrypted wallet for iOS, Android, Windows, Mac OS and Linux from Komodo.
Added to Mr Coin exchange, with 2 fiat pairs (EUR and HUF)
Added to CryptoFacil Exchange – An exchange powered by Bittrex and is a fiat gateway. Leaving you with the ability to buy GRS with Visa and Mastercard.
Added to Bits Game – A gambling service with 2 'PvP' games
Added to Boost X Change Cryptocurrency exchange!
Added to Sucon's Suworld Korean cryptocurrency exchange!
Added to DCXinsta cryptocurrency exchange and swap service with Fiat pairings.
Added to DCXtrade, an Indian cryptocurrency exchange with BTC and ETH pairings.
Added a fiat KRW pairing on Huobi Korea Cryptocurrency Exchange!
Added to AirGap wallet, allowing you to securely store your GRS on an offline device.
Added as a payment method on hodlhodl, allowing you to make global trades without KYC/AML.
Added to TrustWallet cryptocurrency wallet for iOS and Android
The existing Magnum wallet adds SegWit support for the wallet! Allowing SegWit addresses to be used and created from within the wallet.
Added to CycleBit – Who provide POS Terminals that accept GRS payments anywhere, in-store and online. 130 coffee houses in Spain already accept GRS using Cyclebit POS terminals!
Added to Bitinka Cryptocurrency exchange! The #1 exchange in Latin America with 5 fiat and cryptocurrency pairs!
Added to Atomic wallet, a non-custodial cryptocurrency wallet with encrypted private keys and 40,000 monthly users.
Added to NoMiddleMan cryptocurrency payment gateway, offering no usernames, no registration, no KYC, no fees. Completely free to use!
Added to Blockchair! An advanced data analysis tool, mempool monitor and block explorer!
Added to SecuX V20, SecuX W20 and SecuX W10 hardware wallets!
Re-forged: Groestlcoin Samourai
Groestlcoin Samourai is a wallet for the streets. A modern Groestlcoin wallet hand-forged to keep your transactions private, your identity masked, and your funds secure. Its main advantages are its extreme portability and is the most secure Groestlcoin mobile HD wallet. We've built a wallet that Groestlcoin deserves. If you are looking for a wallet that Silicon Valley will never build, the regulators will never allow, and the VC's will never invest in, this is the perfect wallet for you. ![Groestlcoin Samourai Release Video](http://img.youtube.com/vi/i3WU8Tde8XQ/0.jpg)
Head over to the Groestlcoin Samourai Release Page here for the full release announcement.
Groestlimage turns any file into a mnemonic phrase allowing users to generate Groestlcoin private keys and addresses based on the data URI of the provided file. A picture is worth a thousand Groestls.
Turn any image, document or audio file into a BIP39 mnemonic phrase
Groestlcoin Core Config Generator is a simple GUI to configure the groestlcoin.conf file – A developers dream tool! Each configuration option is available via the user interface, grouped by what attributes they affect. For ease of getting started with a new configuration, a variety of preset "node classes" are available on the right-hand-side of the screen. Selecting a preset will load our recommended base configuration for a node fitting that description, at which point you can then tune the configuration at the single option level.
Choose between Mining, Non-Standard Ports, Low Bandwidth, Pruned, Raspberry Pi, Tor, Testnet, Regtest, Non-Syncing and Lightning Éclair presets.
Groestlcoin Simple Push TX is a server to push Groestlcoin transactions via SMS. Now everybody can send new transactions via SMS if the Internet is not usable (i.e. blocked by government entities or becomes otherwise unavailable).
Ability to push either Base64 or Hex-Encoded Raw Transactions via SMS.
Send SMS transactions to PushTX through the number +32460224477 (+32460224GRS)
Electrum-GRS is Groestlcoins #1 thin-client for Windows, MacOS, Linux and Android, based on a client-server protocol. Supporting multi-sig wallets without the bloat of downloading the entire blockchain.
New Features (Universal)
Electrum Protocol: The client's "User Agent" has been changed from "3.3.6" to "electrum/3.3.6". Other libraries connecting to servers can consider not "spoofing" to be Electrum
Added CoinGecko.com fiat rate provider. Changed default provider to CoinGecko.com
Minor bugfixes and usability improvements.
New Features (Windows, MacOS, Linux)
Fix Crash during 2FA wallet creation
Fix Synchroniser so that it does not keep resubscribing to addresses of already closed wallets.
Fix removing addresses/keys from imported wallets
The logging system has been overhauled. Logs can now also optionally be written to disk, disabled by default.
Fix a bug in the synchroniser where client could get stuck. Also show the progress of history sync in the GUI.
Fix Revealer in Windows and MacOS binaries
Ledger Nano X is now recognised, supporting mainnet and testnet
KeepKey is now recognised and supports mainnet and testnet
Device was not getting detected using Windows binary
Support Firmware 6.0.0+
Implement "Seedless" mode
Coin Control in QT – Implemented freezing individual UTXOs in addition to freezing addresses
Fix CPFP – The fees already paid by the parent were not included in the calculation, so it was always overestimated.
Testnet – There is now a warning when the client is started in testnet mode as there were several reports of users getting scammed through social engineering.
CoinChooser – Performance of creating transactions has been improved significantly for larger wallets.
Importing/Sweeping WIF keys: Stricter checks
Several other minor bugfixes and usability improvements.
New Features (Android)
Fix rare crash when changing exchange rate settings
Fix bug with local transactions
Allow selecting Fiat Rate providers without historical data
Q: What is your relationship with Blockstream now? Are you in a Cold War? Your evaluation on BS was pretty high “If this amazing team offers you a job, you should take it,” tweeted Gavin Andresen, Chief Scientist, Bitcoin Foundation.” But now, what’s your opinion on BS? A: I think everybody at Blockstream wants Bitcoin to succeed, and I respect and appreciate great work being done for Bitcoin by people at Blockstream. We strongly disagree on priorities and timing; I think the risks of increasing the block size limit right away are very small. I see evidence of people and businesses getting frustrated by the limit and choosing to use something else (like Ethereum or a private blockchain); it is impossible to know for certain how dangerous that is for Bitcoin, but I believe it is more danger than the very small risk of simply increasing or eliminating the block size limit.
Q: 1) Why insist on hard fork at only 75%? You once explained that it is possible to be controlled by 5% if we set the threshold at 95%. I agree, but there should be some balance here. 75% means a high risk in splitting, isn’t it too aggressive? Is it better if we set it to 90%? A: 1)The experience of the last two consensus changes is that miners very quickly switch once consensus reaches 75% -- the last soft fork went from 75% support to well over 95% support in less than one week. So I’m very confident that miners will all upgrade once the 75% threshold is reached, and BIP109 gives them 28 days to do so. No miner wants to create blocks that will not be accepted by the network. Q: 2) How to solve the potentially very large blocks problem Classic roadmap may cause, and furthur causing the centralization of nodes in the future? A: 2)Andreas Antonopoulos gave a great talk recently about how people repeatedly predicted that the Internet would fail to scale. Smart engineers proved them wrong again and again, and are still busy proving them wrong today (which is why I enjoy streaming video over my internet connection just about every night). I began my career working on 3D graphics software, and saw how quickly we went from being able to draw very simple scenes to today’s technology that is able to render hundreds of millions of triangles per second. Processing financial transactions is much easier than simulating reality. Bitcoin can easily scale to handle thousands of transactions per second, even on existing computers and internet connections, and even without the software optimizations that are already planned. Q: 3) Why do you not support the proposal of RBF by Satoshi, and even plan to remove it in Classic completely? A: 3) Replace-by-fee should be supported by most of the wallets people are using before it is supported by the network. Implementing replace-by-fee is very hard for a wallet, especially multi-signature and hardware wallets that might not be connected to the network all of the time. When lots of wallet developers start saying that replace-by-fee is a great idea, then supporting it at the network level makes sense. Not before. Q: 4) . Your opinion on soft fork SegWit, sidechain, lighnting network. Are you for or against, please give brief reasons. Thanks. A: 4) The best way to be successful is to let people try lots of different things. Many of them won’t be successful, but that is not a problem as long as some of them are successful. I think segregated witness is a great idea. It would be a little bit simpler as a hard fork instead of a soft fork (it would be better to put the merkle root for the witness data into the merkle root in the block header instead of putting it inside a transaction), but overall the design is good. I think sidechains are a good idea, but the main problem is finding a good way to keep them secure. I think the best uses of sidechains will be to publish “write-only” public information involving bitcoin. For example, I would like to see a Bitcoin exchange experiment with putting all bids and asks and trades on a sidechain that they secure themselves, so their customers can verify that their orders are being carried out faithfully and nobody at the exchanges is “front-running” them. Q: 5) Can you share your latest opinion on Brainwallet? It is hard for new users to use long and complex secure passphrase, but is it a good tool if it solves this problem? A: 5) We are very, very bad at creating long and complex passphrases that are random enough to be secure. And we are very good at forgetting things. We are much better at keeping physical items secure, so I am much more excited about hardware wallets and paper wallets than I am about brain wallets. I don’t trust myself to keep any bitcoin in a brain wallet, and do not recommend them for anybody else, either.
Q: Gavin, do you have bitcoins now? What is your major job in MIT? Has FBI ever investigated on you? When do you think SHA256 might be outdated, it seems like it has been a bit unsafe? A: Yes, a majority of my own person wealth is still in bitcoins -- more than a financial advisor would say is wise. My job at MIT is to make Bitcoin better, in whatever way I think best. That is the same major job I had at the Bitcoin Foundation. Sometimes I think the best way to make Bitcoin better is to write some code, sometimes to write a blog post about what I see happening in the Bitcoin world, and sometimes to travel and speak to people. The FBI (or any other law enforcement agency) has never investigated me, as far as I know. The closest thing to an investigation was an afternoon I spent at the Securities and Exchange Commission in Washington, DC. They were interested in how I and the other Bitcoin developers created the software and how much control we have over whether or not people choose to run the software that we create. “Safe or unsafe” is not the way to think about cryptographic algorithms like SHA256. They do not suddenly go from being 100% secure for everything to completely insecure for everything. I think SHA256 will be safe enough to use in the all ways that Bitcoin is using it for at least ten years, and will be good enough to be used as the proof-of-work algorithm forever. It is much more likely that ECDSA, the signature algorithm Bitcoin is using today, will start to become less safe in the next ten or twenty years, but developer are already working on replacements (like Schnorr signatures).
Q: It’s a pleasure to meet you. I only have one question. Which company are you serving? or where do you get your salary? A: The Media Lab at MIT (Massachusetts Institute of Technology) pays my salary; I don’t receive regular payments from anybody else. I have received small amounts of stock options in exchange for being a techical advisor to several Bitcoin companies (Coinbase, BitPay, Bloq, Xapo, Digital Currency Group, CoinLab, TruCoin, Chain) which might be worth money some day if one or more of those companies do very well. I make it very clear to these companies that my priority is to make Bitcoin better, and my goal in being an advisor to them is to learn more about the problems they face as they try to bring Bitcoin to more of their customers. And I am sometimes (once or twice a year) paid to speak at events.
Q: Would you mind share your opinion on lightning network? Is it complicated to implement? Does it need hard fork? A: Lightning does not need a hard fork. It is not too hard to implement at the Bitcoin protocol level, but it is much more complicated to create a wallet capable of handling Lightning network payments properly. I think Lightning is very exciting for new kinds of payments (like machine-to-machine payments that might happen hundreds of times per minute), but I am skeptical that it will be used for the kinds of payments that are common on the Bitcoin network today, because they will be more complicated both for wallet software and for people to understand.
Q: 1) There has been a lot of conferences related to blocksize limit. The two took place in HongKong in Decemeber of 2015 and Feberary of 2016 are the most important ones. Despite much opposition, it is undeniable that these two meetings basically determines the current status of Bitcoin. However, as the one of the original founders of Bitcoin, why did you choose to not attend these meetings? If you have ever attended and opposed gmax’s Core roadmap (SegWit Priority) in one of the meetings, we may be in a better situation now, and the 2M hard fork might have already begun. Can you explain your absence in the two meetings? Do you think the results of both meetings are orchestrated by blockstream? A: 1) I attended the first scaling conference in Montreal in September of 2015, and had hoped that a compromise had been reached. A few weeks after that conference, it was clear to me that whatever compromise had been reached was not going to happen, so it seemed pointless to travel all the way to Hong Kong in December for more discussion when all of the issues had been discussed repeatedly since February of 2015. The February 2016 Hong Kong meeting I could not attend because I was invited only a short time before it happened and I had already planned a vacation with my family and grandparents. I think all of those conferences were orchestrated mainly by people who do not think raising the block size limit is a high priority, and who want to see what problems happen as we run into the limit. Q: 2) We have already known that gmax tries to limit the block size so as to get investment for his company. However, it is obvious that overthrowing Core is hard in the short term. What if Core continues to dominate the development of Bitcoin? Is it possible that blockstream core will never raise the blocksize limit because of their company interests? A: 2) I don’t think investment for his company is Greg’s motivation-- I think he honestly believes that a solution like lightning is better technically. He may be right, but I think it would be better if he considered that he might also be wrong, and allowed other solutions to be tried at the same time. Blockstream is a funny company, with very strong-willed people that have different opinions. It is possible they will never come to an agreement on how to raise the blocksize limit.
Q: I would like to ask your opinion on the current situation. It’s been two years, but a simple 2MB hard fork could not even be done. In Bitcoin land, two years are incredibly long. Isn’t this enough to believe this whole thing is a conspiracy? A: I don’t think it is a conspiracy, I think it is an honest difference of opinion on what is most important to do first, and a difference in opinion on risks and benefits of doing different things. Q: How can a multi-billion network with millions of users and investors be choked by a handful of people? How can this be called decentrilized and open-source software anymore? It is so hard to get a simple 2MB hard fork, but SegWig and Lighting Network with thousands of lines of code change can be pushed through so fast. Is this normal? It is what you do to define if you are a good man, not what you say. A: I still believe good engineers will work around whatever unnecessary barriers are put in their way-- but it might take longer, and the results will not be as elegant as I would prefer. The risk is that people will not be patient and will switch to something else; the recent rapid rise in developer interest and price of Ethereum should be a warning. Q: The problem now is that everybody knows Classic is better, however, Core team has controlled the mining pools using their powers and polical approaches. This made them controll the vast majority of the hashpower, no matter what others propose. In addition, Chinese miners have little communication with the community, and do not care about the developement of the system. Very few of them knows what is going on in the Bitcoin land. They almost handed over their own power to the mining pool, so as long as Core controls the pools, Core controls the whole Bitcoin, no matter how good your Classic is. Under this circumstance, what is your plan? A: Encourage alternatives to Core. If they work better (if they are faster or do more) then Core will either be replaced or will have to become better itself. I am happy to see innovations happening in projects like Bitcoin Unlimited, for example. And just this week I see that Matt Corallo will be working on bringing an optmized protocol for relaying blocks into Core; perhaps that was the plan all along, or perhaps the “extreme thin blocks” work in Bitcoin Unlimited is making that a higher priority. In any case, competition is healthy. Q: From this scaling debate, do you think there is a huge problem with Bitcoin development? Does there exsit development centrilization? Does this situation need improvment? For example, estabilish a fund from Bitcoin as a fundation. It can be used for hiring developers and maintainers, so that we can solve the development issue once and for all. A: I think the Core project spends too much time thinking about small probability technical risks (like “rogue miners” who create hard-to-validate blocks or try to send invalid blocks to SPV wallets) and not enough time thinking about much larger non-technical risks. And I think the Core project suffers from the common open source software problem of “developers developing for developers.” The projects that get worked on are the technically interesting projects-- exciting new features (like the lightning network), and not improving the basic old features (like improving network performance or doing more code review and testing). I think the situation is improving, with businesses investing more in development (but perhaps not in the Core project, because the culture of that project has become much less focused on short-term business needs and more on long-term exciting new features). I am skeptical that crowd-funding software development can work well; if I look at other successful open source software projects, they are usually funded by companies, not individuals.
You are one of the most-repected person in Bitcoin world, I won’t miss the chance to ask some questions. First of all, I am a Classic supporter. I strongly believe that on-chain transcations should not be restrained artificially. Even if there are transcations that are willing to go through Lighting Network in the future, it should be because of a free market, not because of artificial restrication. Here are some of my questions: Q: 1) For the past two years, you’ve been proposing to Core to scale Bitcoin. In the early days of the discussion, Core devs did agree that the blocksize should be raised. What do you think is the major reason for Core to stall scaling. Does there exist conflict of interest between Blockstream and scaling? A: 1) There might be unconscious bias, but I think there is just a difference of opinion on priorities and timing. Q: 2) One of the reason for the Chinese to refuse Classic is that Classic dev team is not technically capable enough for future Bitcoin development. I also noticed that Classic does have a less frequent code release compared to Core. In your opinion, is there any solution to these problems? Have you ever thought to invite capable Chinese programers to join Classic dev team? A: 2) The great thing about open source software is if you don’t think the development team is good enough (or if you think they are working on the wrong things) you can take the software and hire a better team to improve it. Classic is a simple 2MB patch on top of Core, so it is intentional that there are not a lot of releases of Classic. The priority for Classic right now is to do things that make working on Classic better for developers than working on Core, with the goal of attracting more developers. You can expect to see some results in the next month or two. I invite capable programmers from anywhere, including China, to help any of the teams working on open source Bitcoin software, whether that is Classic or Core or Unlimited or bitcore or btcd or ckpool or p2pool or bitcoinj. Q: 3) Another reason for some of the Chinese not supporting Classic is that bigger blocks are more vulnerable to spam attacks. (However, I do think that smaller blocks are more vlunerable to spam attack, because smaller amount of money is needed to choke the blockchain.) What’s our opinion on this? A: 3) The best response to a transaction spam attack is for the network to reject transactions that pay too little fees but to simply absorb any “spam” that is paying as much fees as regular transactions. The goal for a transaction spammer is to disrupt the network; if there is room for extra transactions in blocks, then the network can just accept the spam (“thank you for the extra fees!”) and continue as if nothing out of the ordinary happened. Nothing annoys a spammer more than a network that just absorbs the extra transactions with no harmful effects. Q: 4) According to your understanding on lighting network and sidechains,if most Bitcoin transactions goes throught lighting network or sidechains, it possible that the fees paid on the these network cannot reach the main-chain miners, which leaves miners starving. If yes, how much percent do you think will be given to miners. A: 4) I don’t know, it will depend on how often lightning network channels are opened and closed, and that depends on how people choose to use lightning. Moving transactions off the main chain and on to the lightning network should mean less fees for miners, more for lightning network hubs. Hopefully it will also mean lower fees for users, which will make Bitcoin more popular, drive up the price, and make up for the lower transaction fees paid to miners. Q: 5) The concept of lighting network and sidechains have been out of one or two years already, when do you think they will be fully deployed. A: 5) Sidechains are already “fully deployed” (unless you mean the version of sidechains that doesn’t rely on some trusted gateways to move bitcoin on and off the sidechain, which won’t be fully deployed for at least a couple of years). I haven’t seen any reports of how successful they have been. I think Lightning will take longer than people estimate. Seven months ago Adam Back said that the lightning network might be ready “as soon as six months from now” … but I would be surprised if there was a robust, ready-for-everybody-to-use lightning-capable wallet before 2018. Q: 6)Regarding the hard fork, Core team has assumed that it will cause a chain-split. (Chinese miners are very intimitated by this assumption, I think this is the major reason why most of the Chinese mining pools are not switching to Classic). Do you think Bitcoin will have a chain-split? A: 6) No, there will not be a chain split. I have not talked to a single mining pool operator, miner, exchange, or major bitcoin business who would be willing to mine a minority branch of the chain or accept bitcoins from a minority branch of the main chain. Q: 7) From your point of view, do you think there is more Classic supporters or Core supporters in the U.S.? A: 7) All of the online opinion pools that have been done show that a majority of people worldwide support raising the block size limit.
Q: Which is more in line with the Satoshi’s original roadmap, Bitcoin Classic or Bitcoin Core? How to make mining pools support and adopt Bitcoin Classic? A: Bitcoin Classic is more in line with Satoshi’s original roadmap. We can’t make the mining pools do anything they don’t want to do, but they are run by smart people who will do what they think is best for their businesses and Bitcoin.
Q: Do you have any solution for mining centralization? What do you think about the hard fork of changing mining algorithms? A: I have a lot of thoughts on mining centralization; it would probably take ten or twenty pages to write them all down. I am much less worried about mining centralization than most of the other developers, because Satoshi designed Bitcoin so miners make the most profit when they do what is best for Bitcoin. I have also seen how quickly mining pools come and go; people were worried that the DeepBit mining pool would become too big, then it was GHash.io… And if a centralized mining pool does become too big and does something bad, the simplest solution is for businesses or people to get together and create or fund a competitor. Some of the big Bitcoin exchanges have been seriously considering doing exactly that to support raising the block size limit, and that is exactly the way the system is supposed to work-- if you don’t like what the miners are doing, then compete with them! I think changing the mining algorithm is a complicated solution to a simple problem, and is not necessary.
Q: Last time you came to China, you said you want to "make a different". I know that in USA the opposition political party often hold this concept, in order to prevent the other party being totally dominant. Bitcoin is born with a deep "make a different" nature inside. But in Chinese culture, it is often interpreted as split “just for the sake of splitting”, can you speak your mind on what is your meaning of "make a different"? A: I started my career in Silicon Valley, where there is a lot of competition but also a lot of cooperation. The most successful companies find a way to be different than their competitors; it is not a coincidence that perhaps the most successful company in the world (Apple Computer) had the slogan “think different.” As Bitcoin gets bigger (and I think we all agree we want Bitcoin to get bigger!) it is natural for it to split and specialize; we have already seen that happening, with lots of choices for different wallets, different exchanges, different mining chips, different mining pool software.
Q: 1) The development of XT and Classic confirmed my thoughts that it is nearly impossible to use a new version of bitcoin to replace the current bitcoin Core controlled by Blockstream. I think we will have to live with the power of Blockstream for a sufficient long time. It means we will see the deployment of SegWit and Lighting network. If it really comes to that point, what will you do? Will you also leave like Mike Hearn? A: 1) With the development of Blockchain, bitcoin will grow bigger and bigger without any doubts, And also there will be more and more companies related to the bitcoin network. When it comes to money, there will be a lot of fights between these companies. Is it possible to form some kind of committee to avoid harmful fights between these companies and also the situation that a single company controlling the direction of the bitcoin development? Is there any one doing this kind of job right now? Q: 2) My final question would be, do you really think it is possible that we can have a decentralized currency? Learning from the history, it seems like every thing will become centralized as long as it involves human. Do you have any picture for a decentralized currency or even a society? Thanks. A: 2) I think you might be surprised at what most people are running a year or three from now. Perhaps it will be a future version of Bitcoin Core, but I think there is a very good chance another project will be more successful. I remember when “everybody” was running Internet Explorer or Firefox, and people thought Google was crazy to think that Chrome would ever be a popular web browser. It took four years for Chrome to become the most popular web browser. In any case, I plan on working on Bitcoin related projects for at least another few years. Eventually it will become boring or I will decide I need to take a couple of years of and think about what I want to do next. As for fights between companies: there are always fights between companies, in every technology. There are organizations like the IETF (Internet Engineering Task Force) that try to create committees so engineers at companies can spend more time cooperating and less time fighting; I’m told by people who participate in IETF meetings that they are usually helpful and create useful standards more often than not. Finally, yes, I do think we can have a “decentralized-enough” currency. A currency that might be controlled at particular times by a small set of people or companies, but that gives everybody else the ability to take control if those people or businesses misbehave.
Hi Gavin, I have some questions: Q: 1) I noticed there are some new names added to the classic team list. Most people here only know you and Jeff. Can you briefly introduce some others to the Chinese community? A: 1) Tom Zander has been acting as lead developer, and is an experienced C++ developer who worked previously on the Qt and Debian open source projects. Pedro Pinheiro is on loan from Blockchain.info, and has mostly worked on continuous integration and testing for Classic. Jon Rumion joined recently, and has been working on things that will make life for developers more pleasant (I don’t want to be more specific, I don’t want to announce things before they are finished in case they don’t work out). Jeff has been very busy starting up Bloq, so he hasn’t been very active with Classic recently. I’ve also been very busy traveling (Barbados, Idaho, London and a very quick trip to Beijing) so haven’t been writing much code recently. Q: 2) if bitcoin classic succeeded (>75% threshold), what role would you play in the team after the 2MB upgrade finished, as a leader, a code contributor, a consultant, or something else? A: 2)Contributor and consultant-- I am trying not to be leader of any software project right now, I want to leave that to other people who are better at managing and scheduling and recruiting and all of the other things that need to be done to lead a software project. Q: 3) if bitcoin classic end up failed to achieve mainstream adoption (<75% 2018), will you continue the endeavor of encouraging on-chain scaling and garden-style growth of bitcoin? A: 3) Yes. If BIP109 does not happen, I will still be pushing to get a good on-chain solution to happen as soon as possible. Q: 4) Have you encountered any threat in your life, because people would think you obviously have many bitcoins, like what happened to Hal Finney (RIP), or because some people have different ideas about what bitcoin's future should be? A: 4) No, I don’t think I have received any death threats. It upsets me that other people have. Somebody did threaten to release my and my wife’s social security numbers and other identity information if I did not pay them some bitcoins a couple of years ago. I didn’t pay, they did release our information, and that has been a little inconvenient at times. Q: 5) Roger Ver (Bitcoin Jesus) said bitcoin would worth thousands of dollars. Do you have similar thoughts? If not, what is your opinion on bitcoin price in future? A: 5) I learned long ago to give up trying to predict the price of stocks, currencies, or Bitcoin. I think the price of Bitcoin will be higher in ten years, but I might be wrong. Q: 6) You've been to China. What's your impression about the country, people, and the culture here? Thank you! A: 6) I had a very quick trip to Beijing a few weeks ago-- not nearly long enough to get a good impression of the country or the culture. I had just enough time to walk around a little bit one morning, past the Forbidden City and walk around Tianmen Square. There are a LOT of people in China, I think the line to go into the Chairman Mao Memorial Hall was the longest I have ever seen! Beijing reminded me a little bit of London, with an interesting mix of the very old with the very new. The next time I am in China I hope I can spend at least a few weeks and see much more of the country; I like to be in a place long enough so that I really can start to understand the people and cultures.
Q: Dear Gavin, How could I contact you, we have an excellent team and good plans. please confirm your linkedin. A: Best contact for me is [email protected] : but I get lots of email, please excuse me if your messages get lost in the flood. 15. satoshi Q: Gavin, you've been both core and classic code contributor. Are there any major differences between the two teams, concerning code testing (quality control) and the release process of new versions? A: Testing and release processes are the same; a release candidate is created and tested, and once sufficiently tested, a final release is created, cryptographically signed by several developers, and then made available for download. The development process for Classic will be a little bit different, with a ‘develop’ branch where code will be pulled more quickly and then either fixed or reverted based on how testing goes. The goal is to create a more developer-friendly process, with pull requests either accepted or rejected fairly quickly.
I am a bitcoin enthusiast and a coin holder. I thank you for your great contribution to bitcoin. Please allow me to state some of my views before asking:
I'm on board with classic
I support the vision to make bitcoin a powerful currency that could compete with Visa
I support segwit, so I'll endorse whichever version of bitcoin implementation that upgrades to segwit, regardless of block size.
I disagree with those who argue bitcoin main blockchain should be a settlement network with small blocks. My view is that on the main chain btc should function properly as a currency, as well as a network for settlement.
I'm against the deployment of LN on top of small block sized blockchain. Rather, it should be built on a chain with bigger blocks.
I also won’t agree with the deployment of many sidechains on top of small size block chain. Rather, those sidechains should be on chain with bigger blocks.
With that said, below are my questions: Q: 1) If bitcoin is developed following core's vision, and after the 2020 halving which cuts block reward down to 6.125BTC, do you think the block transaction fee at that time will exceed 3BTC? A: 1) If the block limit is not raised, then no, I don’t think transaction fees will be that high. Q: 2) If bitcoin is developed following classic's vision, and after the 2020 halving which cuts block reward down to 6.125BTC, do you think the block transaction fee at that time will exceed 3BTC? A: 2) Yes, the vision is lots of transactions, each paying a very small fee, adding up to a big total for the miners. Q: 3) If bitcoin is developed following core's vision, do you think POW would fail in future, because the mining industry might be accounted too low value compared with that of the bitcoin total market, so that big miners could threaten btc market and gain profit by shorting? *The questioner further explained his concern. Currently, its about ~1.1 billion CNY worth of mining facilities protecting ~42 billion CNY worth (6.5 Billion USD) of bitcoin market. The ratio is ~3%. If bitcoin market cap continues to grow and we adopt layered development plan, the mining portion may decrease, pushing the ratio go even down to <1%, meaning we are using very small money protecting an huge expensive system. For example, in 2020 if bitcoin market cap is ~100 billion CNY, someone may attempt to spend ~1 billion CNY bribe/manipulate miners to attack the network, thus making a great fortune by shorting bitcoin and destroying the ecosystem. A: 3) Very good question, I have asked that myself. I have asked people if they know if there have been other cases where people destroyed a company or a market to make money by shorting it -- as far as I know, that does not happen. Maybe because it is impossible to take a large short position and remain anonymous, so even if you were successful, you would be arrested for doing whatever you did to destroy the company or market (e.g. blow up a factory to destroy a company, or double-spend fraud to try to destroy Bitcoin). Q: 4) If bitcoin is developed following classic's vision, will the blocks become too big that kill decentralization? A: 4) No, if you look at how many transactions the typical Internet connection can support, and how many transactions even a smart phone can validate per second, we can support many more transactions today with the hardware and network connections we have now. And hardware and network connections are getting faster all the time. Q: 5) In theory, even if we scale bitcoin with just LN and sidechains, the main chain still needs blocks with size over 100M, in order to process the trading volume matching Visa's network. So does core have any on-chain scaling plan other than 2MB? Or Core does not plan to evolve bitcoin into something capable of challenging visa? A: 5) Some of the Core developer talk about a “flexcap” solution to the block size limit, but there is no specific proposal. I think it would be best to eliminate the limit all together. That sounds crazy, but the most successful Internet protocols have no hard upper limits (there is no hard limit to how large a web page may be, for example), and no protocol limit is true to Satoshi’s original design. Q: 6) If (the majority of) hash rate managed to switch to Classic in 2018, will the bitcoin community witness the deployment of LN in two years (~2018)? A: 6) The bottleneck with Lightning Network will be wallet support, not support down at the Bitcoin protocol level. So I don’t think the deployment schedule of LN will be affected much whether Classic is adopted or not. Q: 7) If (majority) hash rate upgraded to blocks with segwit features in 2017 as specified in core's roadmap, would classic propose plans to work on top of that (blocks with segwit)? Or insist developing simplified segwit blocks as described in classic's roadmap? A: 7) Classic will follow majority hash rate. It doesn’t make sense to do anything else. Q: 8) If most hash rate is still on core's side before 2018, will you be disappointed with bitcoin, and announce that bitcoin has failed like what Mike did, and sell all your stashed coins at some acceptable price? A: 8) No-- I have said that I think if the block size limit takes longer to resolve, that is bad for Bitcoin in the short term, but smart engineers will work around whatever road blocks you put in front of them. I see Bitcoin as a long-term project. Q: 9) If we have most hash rate switched to classic's side before 2018, what do you think will be the fate of Blockstream company? A: 9) I think Blockstream might lose some employees, but otherwise I don’t think it will matter much. They are still producing interesting technology that might become a successful business. Q: 10) If we have most hash rate still on core's side before 2018, what do you think will be the fate of Blockstream company? A: 10) I don’t think Blockstream’s fate depends on whether or not BIP109 is adopted. It depends much more on whether or not they find customers willing to pay for the technology that they are developing. Q: 11) If we have most hash rate still on core's side before 2018, what do you think will be the fate of companies that support classic, such as Coinbse, bitpay, and Blockchain.info? A: 11) We have already seen companies like Kraken support alternative currencies (Kraken supports Litecoin and Ether); if there is no on-chain scaling solution accepted by the network, I think we will see more companies “hedging their bets” by supporting other currencies that have a simpler road map for supporting more transactions. Q: 12) If we have most hash rate switched to classic's side before 2018, will that hinder the development of sidechain tech? What will happen to companies like Rockroot(Rootstock?) ? A: 12) No, I think the best use of sidechains is for things that might be too risky for the main network (like Rootstock) or are narrowly focused on a small number of Bitcoin users. I don’t think hash rate supporting Classic will have any effect on that. Q: 13) Between the two versions of bitcoin client, which one is more conducive to mining industry, classic or core? A: 13) I have been working to make Classic better for the mining industry, but right now they are almost identical so it would be dishonest to say one is significantly better than the other.
Q: Gavin, can you describe what was in your mind when you first learned bitcoin? A: I was skeptical that it could actually work! I had to read everything I could about it, and then read the source code before I started to think that maybe it could actually be successful and was not a scam.
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