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Jibrel provides currencies, equities, commodities and other financial assets & instruments. The crypto depository receipts or Crydrs are the tokens representing a traditional financial asset’s value. It is denominated in Jibrel Network. It uses the standard ERC-20 token on the Ethereum blockchain. The CryDRs have the smart regulation which is built in real-world rules and regulation that is translated into solidity code and deployed on Ethereum blockchain. CryDrs is purchased from the Jibrel DAO utilizing Jibrel Network Token.
The fiat CryDRs is utilized for remittance global payments, trading, and hedging. The CryDrs is designing to automate and decentralized financial instruments such as bonds, commodities, debt instruments and securities. This ensures that decentralized CryDrs follows a real-world rule and regulations. jCash is the first which has made available currencies such as USD, GBP, EUR, AED, CNY CryDrs.
Original article and pictures take icoclap.com site
Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies
Japanese e-commerce and entertainment giant DMM Group has launched its crypto exchange, supporting 7 cryptocurrencies and 14 trading pairs. The group is also preparing to launch another crypto exchange in the Spring aimed at inexperienced investors.
Japanese internet and entertainment conglomerate DMM Group has launched a cryptocurrency exchange under the brand name DMM Bitcoin. The platform began trading on Thursday January 11.
To commemorate the grand opening, the exchange is giving away 1,000 yen (~$US9) to all customers who open a new account during the campaign period between January 11 to March 11.
Customers can trade on their PC or use an Android or iOS app. The platform supports bitcoin (BTC), litecoin (LTC), ether (ETH), ethereum classic (ETC), nem (XEM), bitcoin cash (BCH), and ripple (XRP). Fourteen currency pairs are available for trading. In addition to the 7 coins trading for yen, 7 crypto-to-crypto trading pairs are offered; they are ETH/BTC, ETC/ETH, XEM/BTC, XRP/BTC, LTC/BTC, ETC/BTC and BCH/BTC.
According to DMM’s announcement, the exchange is using a trading platform provided by Simplex Inc. called “Simplex Cryptocurrency.” This platform offers trading tools for general investors, business management systems, and a dealing system.
Simplex has been providing securities and FX trading systems to major banks and financial services companies such as SBI Holdings, GMO Group, Nomura Securities, Matsui Securities, Bank of Tokyo-Mitsubishi UFJ, Mizuho Bank, and Money Partners Group. The company recently started offering a cryptocurrency trading system and DMM Group is its first customer for the new service.
Another DMM’s Exchange Coming Soon
In addition, a subsidiary of DMM Group is launching a new cryptocurrency exchange. Next Currency Inc announced earlier this week that it has filed with the Japanese financial authority to register a new exchange called Cointap.
Planned to launch this Spring, Next Currency described, “Cointap is a service that allows you to easily buy and sell virtual currencies from smartphones,” adding that it is “best suited for those who want to start virtual currency transactions such as bitcoins.” Furthermore, the company claims:
Since virtual currency exchanges so far are centered on services for people with knowledge and investment experience of virtual currency, they are fashionable but difficult to understand and difficult to use.
Citing that there are many inexperienced investors who do not know how to buy or sell, the DMM subsidiary explained Cointap will be tailored for investors entering the market for the first time.
What do you think of DMM Bitcoin exchange and Cointap? Let us know in the comments section below.
Images courtesy of Shutterstock, Simplex Inc, DMM Group, and Cointap.
Need to calculate your bitcoin holdings? Check our tools section.
I have researched many sites and completed the hard work for beginners for those of you who would love the chance to enjoy the exciting world of crypto currency, I am passing on what I have learned. There are many sites who claim you can deposit a minimum of £250 and receive free trader training, however I deposited into these accounts and was non of the wiser. Fortunately I did receive my money back!
After research I have deposited money as little as £10 in many Crypto Currencies such as Bit Coin, Lite Coin and Ethereum in to coin base and you have live updates of the market going up and down. When it goes down for a few days I found it good to buy crypro currency and the beauty about coin base is you can buy, sell withdraw 24 hours a day. Obviously it is a trading account and market can go up or down and there are no guarantees, however if you have money in account you can withdraw anytime.
I will also share with you my USI-TECH account click her to register for free https://bitbuy.usitech-int.com Once again you can buy bitcoin, lite coin and ethereum in packages you can buy anything from 1 pack which works out about £44 they do all the work for you regarding trading and give your 1% return every month.
I am not trying to sell anything but help you enjoy the crypto currency as I have doing with little investment. On any og these links you can register for free and not send any money unless you are happy to do so, it is quite explanatory and if you want to buy you will have to send a copy of a picture document to verify yourself. I can send you screen shots of my accounts and if you need any help do please contact me. If you do invest again I can add you to a closed cryptocurrency Facebook account where you learn lots of good information.
Enjoy it really is fun
Bitcoin has risen in price by over 750% in 2017 with no signs of slowing down!
Now is your chance to earn some free Bitcoin, and begin investing!
Below is a digital copy of what I will send you if you purchase this auction:
How does this work?:
- Sign up to CoinBase using my referral link!
- You will then receive $10 (£7) when you trade (buy or sell) $100 (£75) worth of digital currency. (See picture for proof of when I was referred recently & earnt my first $10)
- CoinBase is a secure online platform that allows the buying, selling, transferring & storing of digital currency.
Benefits of CoinBase:
1.) Safe & secure way of starting your crypo investment journey
2.) Directly withdraw back to your bank account whenever you choose
3.) Pay for your currency with your debit/credit card instantly
When I first looked at investing I was skeptical of using a referral link, but I decided to give it ago - I received my $10 free within 24 hours of making my first deposit, and have made a few hundred on Bitcoin already! I'm in for the long term investment now!
If you have any further questions or would like some information feel free to contact me
OR
Copy and paste the referral link to your browser, and Coin Base have all the information you could ask for on their website :)
Thanks! 24/7 ADVISE LINE FOR BEGINNERS ANSWERED WITHING 24 HOURS OR LESS
Original article and pictures take www.etsy.com site
POW is a crypto-currency that is being given to all users of Facebook and Twitter. If you're a user of Facebook or Twitter it is completely free to get an initial allocation, and the earlier you claim the bigger it is.
Although we're giving it away free, it's worth something, and is even rising in value. That's all down to the fact that 'you' are valuable, and when there are 100 million of 'us' connected in a network that is incredibly valuable. Just look at Bitcoin as a rule of thumb - Bitcoin has approximately 10 million holders and has a market capitalisation of $100 billion (as of Oct 2017) - that suggests a per user value of $10,000. If we are correct, that means the price of POW could rise dramatically as more and more people make claims.
The current version lets you send and receive POW with zero transaction fees with your Facebook friends. Soon we'll be releasing functionality that means you can do the same with your Twitter followers. Next will come the ability to transfer POW with any other user just by sending to their email address.
POW is all about recognizing your value, and giving it back to you. We hope you join us by claiming your POW, which is a rare thing - a free and riskless investment.
POW explained for Geeks...
POW is a standard ERC20 token on the Ethereum blockchain with two innovations that make it unique:
POW 'lite' is the Non-Blockchain version of POW. It is held in the POWtoken.com account and enables holders to make free transactions with one another. Ultimately POW 'lite' will be fungible with the ERC20 POW that exists on the Blockchain.
A global 'Airdrop' of POW 'lite' with enough to be claimed by every person on the planet, can be easily claimed by logging in with your Facebook or Twitter account (if you have both you can make two claims!). POW has the potential to be the most widely held currency on the planet.
Ethereum might change the world, but by the admission of its founder (Vitalik Buterin), the technology is not ready for mass market adoption. The Ethereum Blockchain can only handle 17 transactions a second which pales compared to the volumes achieved by services like Paypal and VISA.
Beneath the surface there is work being done by the Ethereum team on initiatives such as POS and 'Sharding', which should solve the problems of scalability and transaction costs.
In the meantime the POW 'lite' and the 'POW Account' concept creates a hybrid centralised/blockchain currency and payment system, which can be seen as a stepping stone to the ultimate goal of decentralised finance.
The total supply of token has been set at 231,802,823,220 POW. That means there will never be more than this number of units of POW created. A total of 19.3bn POW has been allocated to the developer team. That leaves 212,513,140,682 to be allocated to claimers on a 'first come, most served' basis.
Over the next few months we will be busy building a 'bridge' between POW 'lite' and POW ERC20, so that users can migrate their holdings out onto the Blockchain if they wish.
The global 'Airdrop' of POW 'lite' is achieved by leveraging the 3rd party validation and verification service provided by Facebook for 'Apps'. We will soon introduce other forms of social media login than just Facebook and Twitter, including Instagram, Reddit and Weibo. Logging in with any of these accounts will create a new allocation of POW 'lite', so users with more than one social media account will get more than one allocation. People have different networks of friends in different social media communities, so why punish them for this? Having said that we are ever vigilant to prevent users making multiple claims by logging in through the same social media network (known as a Sybil Attack). The 'Airdrop' will give users a starting balance for making transactions.
To create urgency, we've devised a simple 'algo' which rewards early adopters with a larger number of POW 'lite' than late adopters.
Next claimant will be number 289,024.
Allocation for claimant number 289,024 =
10,000,000,000 / (2 x289,024)
This is designed to encourage early adoption. Just in the time it has taken you to read this page there have probably been some new registrants, meaning the latest POW 'lite' allocation is less than the figure shown on this page. For this reason you will only know the exact amount of POW 'lite' you will receive after you have claimed.
POWtoken.com has been created by five tech industry professionals with experience spanning both Blockchain and traditional centralised server world. We are not raising any money from an ICO and not seeking funding. None of the founders receive any salaries or expenses in relation to the POW project. The founders are sharing 6.83% of the total ERC20 POW being issued. In addition 1.50% of the total ERC20 POW has been issued to a UK Limited, which will periodically sell POW ERC20 in order to pay the costs of operating the centralised databases and any other costs that arise.
Original article and pictures take powtoken.com site
iPadRetinaWallpaper is the best source of Retina (HD) iPad Wallpapers and contains over 5,000 wallpapers & photographs all of them cherry picked and sorted out for you on categories and hashtags. Our galleries are updated on a daily basis with the most stunning iPad wallpapers!
Original article and pictures take ipadretinawallpaper.com site
ING, Société Générale Transact First Blockchain-Based Agric Commodity Trade Via Ethereum
ING, Société Générale, ABN AMRO, and several other participants have successfully traded a shipment of soybeans on their Ethereum-based Easy Trading Connect blockchain platform.
On January 22, US-based seller Louis Dreyfus Co sent the cargo to the Shandong Bohi Industry Co in China. Robert Serpollet, the global head of trade operations for Louis Dreyfus, said that the Easy Trading Connect system reduced the amount of time spent processing documents by a factor of five compared to what is typical for a trade of this nature.
The banks involved in the transaction issued and confirmed the letters of credit, and Anthony van Vliet, ING's global head of trade commodity finance, said that while the platform was originally built to support the trade of oil, it offers to boost efficiency even more in agricultural commerce, a field which is often more complex. Cutting costs "is key as we operate in a business that has high volumes and very low margins," he explained.
ING and Société Générale jointly developed Easy Trading Connect. The platform governs a process that begins when a buyer drafts up a smart contract, then sends the contract to its own bank, the seller's bank, and the seller itself for approval. In addition to allowing the shipping agent to submit a digital representation of the bill of lading (a legally binding receipt of cargo shipped by a carrier), the system automatically generates an invoice and verifies that all uploaded documents comply with the original contract. This ultimately saves a significant amount of the banks' time, as they need only to confirm the results of the automatic checks conducted by Easy Trading Connect.
Russell Marine Group and Blue Water Shipping issued the certificates for this particular trade, and the US Department of Agriculture advised participants on how to include phytosanitary certificates in the transaction.
Van Vliet predicted broad adoption of the technology, saying that, "If not months, then in a year or at max two, I think the world in this space will look quite different." Looking ahead, Louis Dreyfus CEO Gonzalo Ramírez Martiarena opined that, "The next step is to harness the potential for further development through the adoption of common standards, and welcome a truly new era of digital trade flow management on a global level."
Adam Reese is a Los Angeles-based writer interested in technology, domestic and international politics, social issues, infrastructure and the arts. Adam is a full-time staff writer for ETHNews and holds value in Ether and BTC.
Like what you read? Follow us on Twitter @ETHNews_ to receive the latest commodity, trade or other Ethereum application news.
Original article and pictures take www.ethnews.com site
I stuck all my money in cryptocurrency but still don't understand it, says JOE WHITWELL (...and he had to sell his ethereum to buy breakfast)
As a technology and finance reporter, a lot of people ask me about cryptocurrencies.
Since the start of the year, I have spent most of my time trying to explain blockchain, and bitcoin specifically. I have tended to tell people to steer clear, but that has hidden an awkward fact: I don't really understand cryptocurrencies myself.
Is it a bubble? Probably. Is it the future of finance? Maybe. Is it worth investing? I couldn't tell you and, now that I have invested some of my own money, I still can't.
I put off investing for a very long time, but like many people, the drip feed of national news articles through November and December eventually convinced me to take the plunge.
Something about the topic being written about in mainstream newspapers and not niche online magazines made it seem acceptable.
Investing became easier, too. Companies like Revolut allow you to buy cryptocurrencies from their app, which you can link to your bank account. There is no more remembering private keys, doing backflips or delving into the dark web. Just a few taps of a phone screen, and congratulations, you have bought into the weirdest financial trend of the decade.
So what did I do?
I split £600 pounds across the three cryptocurrencies that Revolut offers: bitcoin, ethereum and litecoin. Revolut take a 1.5 per cent fee for the service and there are associated costs with buying the currencies themselves. It made paying £7.50 to to buy shares with Barclays seem very cheap indeed.
Why did I split across three currencies? No rhyme, no reason, but splitting felt instinctively like the best thing.
It reminds me of the way that venture capitalists invest in tech start-ups. Instead of investing in ten companies and hoping each of them grow by a modest amount, they invest in high-risk, high-growth companies. Because it makes better returns to have nine failures and a Facebook than ten weak performers.
The issue with my investing strategy is I have no idea what normal is. I still don't. I know what a 'good' share return is or what a decent tracker fund pays each year. Nobody really knows what good in cryptocurrencies looks like.
It hardly feels like investing, because there is so little strategy. Just stick it all on red.
So when will I sell? I wanted to double my money. But all three immediately dropped in value. I decided to hang on, while the crazy fluctuations of the market destroyed my adrenaline supplies.
Eventually I became more sanguine, checking once a day, and then once a week. Then, on the first Monday back after the holidays I realised I was bumping along the bottom of my overdraft.
I almost sold my bitcoin for breakfast, but it had lost 25 per cent of its value. Instead I sold the ethereum, which had made a modest profit during the period.
So where am I now? Well, £200 pounds of bitcoin is now worth £183. My £200 of litecoin is worth £153.86. And I sold my ethereum for £237. If I hadn't have had that breakfast, it would now be worth £262.
What have I learnt? I have absolutely no idea what I'm doing, and let's be honest – nobody else does either. A fraction of a fraction of a per cent of investors probably understand crypto.
The conundrum is this: are bitcoin and the other cryptocurrencies going to present a genuine paradigm shift in international banking, or is it just turbocharged tulip banking?
At least with the tulip bubble in Amsterdam during the 1600s when the price of tulip bulbs rocketed, the average person could understand what a tulip looked like.
'I have never seen a tulip.'
'It's like a daffodil but the flower points upwards.'
'Oh OK, why is it worth thousands of pounds?'
Tulips were obviously a bubble.
But with cryptocurrencies the technological babble is important, because it makes people think they are buying something futuristic and valuable. When we might all just be buying hopes and dreams.
For me though the fundamentals of investing stay the same. Always try and invest in what you know. Because if you do get burnt, at least you know why.
Original article and pictures take www.thisismoney.co.uk site
Una volta creati attraverso il mining o acquistati in uno dei tanti exchange presenti online, è necessario trovare un luogo dove conservare Bitcoin, Ethereum e altcoin. Proprio come accade per le monete “in carta e metallo”, anche le criptovalute hanno necessità di un portafogli virtuale nel quale essere conservate sino a che non si decide di spenderle o scambiarle per altra criptovaluta.
Nel corso degli anni sono state create e sviluppate diverse tipologie di wallet Bitcoin, ognuna delle quali capace di rispondere alle diverse esigenze che un utente può avere. Ci sono i portafogli virtuali che permettono di poter scambiare Bitcoin in maniera più veloce; altri che offrono livelli di sicurezza maggiori; altri ancora che possono essere portati sempre con sé o custoditi all’interno di cassette di sicurezza (nel caso in cui il loro contenuto sia particolarmente di valore).
Insomma, se ci si chiede dove conservare Bitcoin, si ha letteralmente l’imbarazzo della scelta. È però importante scegliere consapevolmente, conoscendo pregi e difetti dei migliori wallet Bitcoin: nel caso si dovesse compiere un errore di valutazione, infatti, si correrebbe il rischio di vedere i propri altcoin sparire una volta per sempre.
Dove conservare Bitcoin e altcoin, come scegliere
Nonostante ne esistano diverse decine, i wallet Bitcoin possono essere raggruppati in tre differenti categorie: virtuale online, virtuale offline, fisico. Vediamo nel dettaglio cosa sono e quali le loro caratteristiche principali.
I migliori wallet per Bitcoin Ethereum e altcoin
Wallet online. Spesso e volentieri legato a servizi di exchange (quasi sempre, a dir la verità), un wallet online è un portafoglio virtuale ospitato sui server di un’azienda che svolge il compito di intermediario. Volendo fare un paragone (un po’ stiracchiato, a dir la verità) potremmo considerare queste società come delle banche di Bitcoin e altcoin che si occupano di conservare e proteggere (o, almeno, dovrebbero farlo) le criptovalute degli utenti. Accessibili da qualunque dispositivo dotato di connessione a Internet, i wallet online sono la scelta perfetta per gli utenti alle prime armi (facili da creare e da impostare), ma non solo: il loro legame diretto con gli exchage li rende particolarmente apprezzati anche da quegli utenti soliti compiere diverse operazioni e transazioni Bitcoin ogni giorno
Wallet offline. I wallet offline, chiamati a volte “desktop wallet” sono software da installare sul disco rigido del proprio computer o sulla memoria dello smartphone. Come i wallet online sono semplici da impostare e gestire e sono caratterizzati da un elevato livello di indipendenza. Mentre i wallet online possono essere irraggiungibili (a causa del grande traffico, ad esempio, o per un attacco DDoS) o vittime di attacchi hacker (il che potrebbe portare alla perdita dei vostri averi virtuali), per utilizzare un portafoglio virtuale offline è sufficiente avere a portata di mano il PC o lo smartphone. Certo, il proprio PC può essere sempre hackerato e le proprie criptovalute rubate, ma grazie ad alcune funzionalità (come la possibilità di crittografare il wallet) si potrà rendere la vita particolarmente complicata agli hacker
I migliori wallet per Bitcoin Ethereum e altcoin
Wallet fisico. Se state cercando il luogo più sicuro dove conservare Bitcoin, la vostra scelta non potrà che ricadere su un wallet fisico. Simili a delle chiavette USB, sono spesso definiti “wallet freddi”, dal momento che non saranno (quasi) mai connessi alla Rete e quindi virtualmente invisibili e inaccessibili ad hacker e cybercriminali vari. Un wallet fisico può essere sia un hard disk esterno sul quale avrete installato un wallet offline o una chiavetta ad hoc utilizzata solamente per conservare criptovalute. In entrambi i casi, però, c’è da ricordare che dispositivi di questo genere sono comunque esposti a pericoli “esterni”: potrebbero essere rubati, o finire all’interno di un recipiente contenente del liquido e smettere così di funzionare. Conservatelo, dunque, in un luogo sicuro e riparato, altrimenti metterete a rischio il vostro capitale in Bitcoin e altcoin
I migliori wallet online
Blockchain.info. Tra i più semplici da impostare e gestire, Blockchain è caratterizzato da un’interfaccia utente estremamente semplice, da ottimi standard di sicurezza (autenticazione a due fattori e non solo) e può essere legato a ShapeShift, una delle piattaforme per compravendita altcoin più conosciute e utilizzate
I migliori wallet per Bitcoin Ethereum e altcoin
Kraken. Tra le piattaforme di exchange più sicure, Kraken rappresenta la soluzione ideale se si cerca un portafoglio virtuale che consenta di conservare oltre 20 criptovalute e, allo stesso tempo, avere la libertà di acquistarne di nuove o scambiare quelle che già si hanno
Bitfinex. Come Kraken, Bitfinex è una delle piattaforme exchange più conosciute e apprezzate, dove è possibile acquistare o vendere un po’ di tutto (dai Bitcoin agli IOTA, passando per Ethereum, Stellar e molto altro ancora). Ciò lo rende anche un validissimo portafoglio virtuale dove conservare il proprio tesoretto di Bitcoin e altcoin
I migliori wallet offline
Exodus. Piattaforma di gestione altcoin “all in one”, Exodus consente di conservare le proprie criptovalute con estrema semplicità. Supporta Bitcoin, Ethereum, Monero e molte altre altcoin e, grazie all’integrazione con ShapeShift, è sempre possibile fare transazioni tra le varie criptovalute che si possiedono. Al momento dell’installazione genera automaticamente una “master seed” di 12 caratteri grazie alla quale poter rigenerare il wallet in qualunque momento e recuperarne il contenuto nel caso in cui fosse andato “perso”
I migliori wallet per Bitcoin Ethereum e altcoin
Electrum. Tra i wallet più “datati” (è stato creato nel 2011), Electrum è tra i wallet offline più leggeri e semplici da utilizzare. Anziché scaricare l’intera blockchain, verifica l’ammontare dei vostri averi in criptovalute connettendosi (in maniera sicura) a server protetti: ciò vi consente di risparmiare spazio sul disco rigido – la sola blockchain Bitcoin sfiora ormai i 200 gigabyte – e velocizzare le operazioni di configurazione iniziale.
Thinking about purchasing a Ledger Nano Hardware Wallet? Browse their official website: https://www.ledgerwallet.com/r/67ef
Want to join coinbase to begin your crypto journey? Here’s a link to get free : https://www.coinbase.com/join/558828dc34383271a500003b
Find me on Steemit: www.steemit.com/@heiditravels
Twitter: @blockchainchick
Instagram: @hheidiann
If you’re looking for an app that tracks the price of BTC & ETH and many other coins, check out the CoinView App: https://play.google.com/store/apps/details?id=br.com.freeflowt.coinview
If you plan on trading coins regularly, it makes more sense for you to store the coins you want to trade frequently on the online exchange that supports that coin. Exchanges are the easiest way to store your cryptos, but it is by far the least secure. In order to help counteract this vulnerability, the very least you can do is use a very secure password along with two factor authentification.
I suggest using a password generator that includes upper and lowercase letters and numbers that is 16 characters long.
You can download the free Google authenticator app and link this to any exchange you use.
If you are looking to store your crypto for the long term, and you don’t have an interest in trading or transferring them, then I’d suggest looking into what is called “cold storage” wallets. These come in the form of paper wallets and hardware wallets.
Cold storage refers to the fact that your coins will be taken offline.
These cold storage wallets will give you peace of mind knowing that there is no way for a hacker to access your coins- that is until you decide to bring them back online to either sell or to transfer to a different location.
Cold storage is very secure, however they are not the most convenient.
Paper wallets can be produced using bit address.org for bitcoin, or you can use walletgenerator.net for other crypto coins.
Or you can purchase hardware wallets which are relatively easy to setup and are more convenient for making transactions with your coins than a paper wallet.
I’ll include links in the description of this video so you can explore hardware wallets like the tremor, ledger nano S, and the keepKey.
Here is a link to a couple of my past videos that spotlight these hardware wallets.
There are a couple of things you need to remember when setting up and using a cold storage option.
If you are using a paper wallet, upon setup, remember to disable your wifi or internet connection when the address is being produced.
Also, never keep any coins in a wallet that you have exposed the private key.
If you want to withdraw any crypto out of your paper wallet, I highly suggest that you take everything out of the wallet and if you have any remaining coins you wish to keep in cold storage, make a new paper wallet for them.
You can always download the official wallet of the coin onto your computer, for example, you can download the bitcoin core wallet, or the ethereum wallet, the ripple wallet, the dash wallet, the zcash wallet, and on and on, the list continues for all other crypto coins as well.
These official wallets are all different with different pros and cons and capabilities. These wallets are far more secure than holding your coins on an exchange, these wallets also make tranferring these coins easier than using cold storage.
One major benefit for using official wallets, particularly the ethereum wallet, is the fact that many ICO’s utilize ethereum and in fact require you to invest ether by only using an official ethereum or mist wallet.
You can and absolutely should backup these wallets by saving your .dat file on a USB drive in case your computer is lost or damaged.
But, these wallets do take up space on your computer, and they might be confusing and are almost always time consuming to set up, however I highly reccomend using these wallets if you don’t want to worry about the lack of security on exchanges, or the hassle of transferring them in and out of cold storage.
Thinking about purchasing a Ledger Nano Hardware Wallet? Browse their official website: https://www.ledgerwallet.com/r/67ef
Want to join coinbase to begin your crypto journey? Here’s a link to get free : https://www.coinbase.com/join/558828dc34383271a500003b
Find me on Steemit: www.steemit.com/@heiditravels
Twitter: @blockchainchick
Instagram: @hheidiann
If you’re looking for an app that tracks the price of BTC & ETH and many other coins, check out the CoinView App: https://play.google.com/store/apps/details?id=br.com.freeflowt.coinview
If you plan on trading coins regularly, it makes more sense for you to store the coins you want to trade frequently on the online exchange that supports that coin. Exchanges are the easiest way to store your cryptos, but it is by far the least secure. In order to help counteract this vulnerability, the very least you can do is use a very secure password along with two factor authentification.
I suggest using a password generator that includes upper and lowercase letters and numbers that is 16 characters long.
You can download the free Google authenticator app and link this to any exchange you use.
If you are looking to store your crypto for the long term, and you don’t have an interest in trading or transferring them, then I’d suggest looking into what is called “cold storage” wallets. These come in the form of paper wallets and hardware wallets.
Cold storage refers to the fact that your coins will be taken offline.
These cold storage wallets will give you peace of mind knowing that there is no way for a hacker to access your coins- that is until you decide to bring them back online to either sell or to transfer to a different location.
Cold storage is very secure, however they are not the most convenient.
Paper wallets can be produced using bit address.org for bitcoin, or you can use walletgenerator.net for other crypto coins.
Or you can purchase hardware wallets which are relatively easy to setup and are more convenient for making transactions with your coins than a paper wallet.
I’ll include links in the description of this video so you can explore hardware wallets like the tremor, ledger nano S, and the keepKey.
Here is a link to a couple of my past videos that spotlight these hardware wallets.
There are a couple of things you need to remember when setting up and using a cold storage option.
If you are using a paper wallet, upon setup, remember to disable your wifi or internet connection when the address is being produced.
Also, never keep any coins in a wallet that you have exposed the private key.
If you want to withdraw any crypto out of your paper wallet, I highly suggest that you take everything out of the wallet and if you have any remaining coins you wish to keep in cold storage, make a new paper wallet for them.
You can always download the official wallet of the coin onto your computer, for example, you can download the bitcoin core wallet, or the ethereum wallet, the ripple wallet, the dash wallet, the zcash wallet, and on and on, the list continues for all other crypto coins as well.
These official wallets are all different with different pros and cons and capabilities. These wallets are far more secure than holding your coins on an exchange, these wallets also make tranferring these coins easier than using cold storage.
One major benefit for using official wallets, particularly the ethereum wallet, is the fact that many ICO’s utilize ethereum and in fact require you to invest ether by only using an official ethereum or mist wallet.
You can and absolutely should backup these wallets by saving your .dat file on a USB drive in case your computer is lost or damaged.
But, these wallets do take up space on your computer, and they might be confusing and are almost always time consuming to set up, however I highly reccomend using these wallets if you don’t want to worry about the lack of security on exchanges, or the hassle of transferring them in and out of cold storage.
Compared to the archaic, traditional banking system, cryptocurrency transaction times are much faster. Still, many users are frustrated when it seems their transactions are stuck in time and don't receive any confirmation from the network. It's relatively common, but it doesn't have to be the end of your Blockchain experience. Here are a few ways to speed up the process altogether.
How to Speed Up Blockchain Confirmation Process: Use a Transaction Accelerator
It sounds too good to be true, but yes, these things actually exist. ViaBTC Transaction Accelerator is one of the more popular services out there. The feature was created for the sole purpose of speeding up Blockchain network configurations. Keep in mind, though, this isn't a perfect application. It only handles a few transaction per hour, but it is still powerful and will speed up the overall experience.
How to Speed Up Blockchain Confirmation Process: Pay a Higher Fee
Some people suggest that if you simply pay a higher fee, you can get a faster transaction. If you think about it, it makes sense. During times when the network is busy and congested, a higher fee will stand out as it's more important than anything else. Does it go against everything Blockchain stands for? No, not really. It's still a lot better than the current banking system, so stop complaining.
How to Speed Up Blockchain Confirmation Process: Be Patient
All in all, just be patient! As just mentioned, this technology is far better than the current system we have. Furthermore, it's still new. We need to expect some bumps here in there as it desperately tries to adapt to a rapidly growing user base. So take a seat, relax, and just be patient. Maybe you can read a book, or better yet, head on over to YouToken.io to accelerate your mind and become a cryptocurrency expert! After that, your transaction will be complete and you'll be a smarter person.
Original article and pictures take investory-video.com site
Using your PC you can mine several cryptocurrencies easily by using a graphics card and the MinerGate program. Here we explain how.
The Ethereum is becoming the successor of bitcoin for several reasons. Perhaps one of them has to do with the mining process, which, unlike bitcoin, can be achieved through the use of one or more GPUs. So if your PC has a modern graphics card, it is very likely that you can mine Ethereum in a matter of minutes, with the help of the MinerGateprogram .
Minergate is a very easy to use software with which you can exploit several cryptocurrencies, even simultaneously. The most useful feature of this program is the smart mining option , through this function Minergate automatically chooses the currency with the highest exchange rate during the last hour. In addition, MinerGate is one of the few applications that allow you to mine different types of cryptocurrencies, given that you can mine Ethereum, Ethereum Classic, Bytecoin, Monero, FantomCoin, Aeon coin, Dashcoin.
All you need is a computer and an Internet connection, MinerGate will do the rest for you, even if you do not have a GPU!
What is MinerGate?
MinerGate is a cryptocurrency mining software with a simple graphical interface and easy to configure. Unlike other mining programs, Minergate does not require additional configuration or complex command lines. By default it incorporates its own pool or multiple pool for several virtual currencies, and although it is an extremely intuitive tool, its intelligent algorithm is always working in the background to take full advantage of the available resources.
The variable difficulty algorithm of MinerGate allows small portions of the Ethereum Blocks to be sent to the miners according to their equipment and hashrate, making the Ethereum mining and other altcoins possible on any computer with a simple click of the mouse.
Some of its advantages are:
– Multiple pool: you can choose which coin to mine, MinerGate allows you to choose up to 10 different coins.
-Ministry Smart: An intelligent algorithm checks the most profitable currency to mine and automatically switches between currencies to provide a greater benefit. Intelligent mining can be activated and deactivated at any time.
-Mining merged: allows you to mine two different cryptocurrencies at once, without reducing the hashrate of your main currency.
-Mining intent: allows you to mine with your CPU or GPU, or even both. You can also choose how many cores you want minergate to use.
-Calculator: calculate your daily, daily or weekly
benefit -Benchmark: Find out how powerful your hardware is compared to other miners
-Possibility of mining in multiple teams with a single account
Keep in mind that to mine Ethereum via GPU you will need an NVIDIA / AMD graphics card with at least 3GB of GDDR5 memory . Here you can see the most recommended graphics cards to mine ETH:
How to mine Ethereum with the MinerGate software
Step 1: The first thing you will need is to open a minergate account by clicking on the “register” button, located in the navigation bar. MinerGate has its own built-in portfolio to allow users to start mining even if they do not have a wallet address configured, so to protect your funds, we advise you to use a strong password.
Once registered, the dashboard will appear on screen , from here you can view and configure several options of your personal account.
Step 2: Next, you must download the Minergate software and install it, for it go to the “downloads” section, located in the top navigation bar. The website will detect your operating system and present you with the correct version.
Install and run MinerGate.
Step 3: Once installed, the program will ask you to log in with your minergate account, if you have not yet created them, select the “create account” option located at the top of the window.
Step 4: After opening and starting the session, the intelligent mining process will automatically start (located in the “Smart Miner” tab). MinerGate automatically detects your equipment and chooses the most profitable currency to mine according to the capacity of your hardware, the market price and the difficulty. For example, if your computer has a basic configuration (2 cores, 4GB ram, etc.) it is more than likely that Minergate will select Monero by default. If you want to mine Ethereum, ignore this option and go directly to the Miner tab.
Step 5: In the Miner tab, a list of coins compatible with MinerGate will be displayed. In this case we are going to choose Ethereum (ETH), and then we choose the number of cores (CPU) and GPUs that we are going to use.
MinerGate allows you to choose the number of cores (if you are going to mine using the CPU) and the mining intensity of the GPU, in this case we are going to choose 2 cores and a mining intensity per level 4 GPU.
Note 1: Depending on the configuration of your PC or laptop, the option of mining by GPU may be disabled.
If you choose to use fewer cores than those available in your GPU / CPU, you will have a slower hashrate, but the hardware will be under less stress.
We can also choose to mine several altcoins in parallel, for example Ethereum (ETH) and Ethereum Classic (ETC), for which the only thing we must take into account is to choose the number of CPU / GPU cores that we will assign to each one.
Finally we will click on “start mining” (start mining). MinerGate will now create a DAG file before it can start mining, wait for this process to finish (it can last several minutes), once the DAG file is created, it will automatically start mining.
Note 2: if your graphics card has less than 2GB of memory you will not be able to mine Ethereum via GPU. You will need a graphics card with at least 3 or 4GB of GDDR5 memory to mine without problems.
Considerations
Now some considerations to take into account. Although MinerGate is a simple way to mine Ethereum, it is neither the most optimal nor the most efficient. It is recommended if you do not have any experience mining altcoins, and you will surely get some benefit if you run it on multiple PCs, but if you intend to mine ETH seriously you will need some more advanced mining software. Currently one of the most recommended Ethereum mining programs is Claymore Dual Miner , which is free, optimized for AMD Polaris / Nvidia Pascal graphics cards, and is relatively easy to configure. In a next article we will explain how to mine Ethereum with the most recent version of this program.
Original article and pictures take digitalbodha.com site
The cryptocurrency revolution is largely down to enthusiastic 'miners', who build or use their own machines to perform the complex proof of work algorithms to process data blocks, creating more of their chosen currency such as Bitcoin and Ethereum.
Specialized mining equipment is available online and you can even rent processing power from companies such as Genesis Mining (we’ve got a guide on how to do this here).
However, if your home computer is powerful enough there's no reason you can't get started mining Ethereum today. In this guide, you'll learn how to use the friendly MinerGate client. This handy program quickly and easily connects you to MinerGate's mining pool from where you can share some of your machine’s resources, and then subsequently share in the rewards of generating Ether.
Before you begin, remember that the actual amount of hard cash you'll make from doing this will vary depending on the mining difficulty, the fluctuating price of Ether and how powerful your hardware is. MinerGate has a built-in benchmarking tool to give you a rough idea how much you stand to make per year, although this doesn't take into account the electricity used by your machine.
Open your browser and navigate to https://minergate.com. Click on the button marked ‘Download Miner & Start Mining’. If you're using Microsoft Edge, you can click ‘Run’ to launch the installer at this stage. Windows 10 will ask you to confirm that you wish to allow MinerGate to make changes to your system. Click ‘Yes’.
Setup will now launch. Close down any other open apps and agree to the license agreement. On the next screen (Install Options), select ‘Add MinerGate to the system PATH for current user’ as well as ‘Create MinerGate Desktop Icon’. Click ‘Next’, then ‘Install’.
2. Launch MinerGate
Once MinerGate has finished setup, it will place a shortcut on your desktop. Click ‘Finish’ to launch the program automatically. Once MinerGate launches click ‘Create Account’ at the top right. Enter both your email address and password. Make a note of both of these as you'll need them to be able to access any mined funds. Next click ‘Register’.
MinerGate will display a message to say that 'smart mining' has been activated. The MinerGate Mining Pool will automatically try to use your computer's resources to mine cryptocurrency in the most profitable way.
Your machine's success at mining coins will be determined by the hashrate afforded by its processor and GPU(s). If you’re unsure whether your machine is powerful enough to mine cryptocurrency at all, click on ‘Benchmark’ in the top bar, then on ‘Start Benchmark’.
MinerGate will automatically test your computer's ability to mine various types of coins and provide you with an overall score. Dedicated miners usually buy custom equipment specifically for mining cryptocurrencies like Ethereum. The next most profitable way to mine is to own a machine with multiple graphics cards as these can mine Ether much more efficiently than a plain old CPU.
4. Start mining
Click on the ‘Miner’ tab at the top of the screen. From here you can choose a specific cryptocurrency to mine such as Ether rather than have MinerGate choose for you. Click on ‘Start Mining’ next to ETH. MinerGate will congratulate you on mining "like a man" by doing it manually.
Click on the ‘View’ menu to deselect other cryptocurrencies, until only ETH remains. MinerGate will notify you that it's loading a DAG (Dagger Hashimoto) file. This is around 1GB in size and represents the proof of work algorithms necessary to mine Ethereum data blocks. If you want to understand this further, see the Ethereum Github page for more information.
Once you've started mining, you may want to have some understanding of your progress. Click on the ‘Miner’ tab to view your currency balance. This represents all the Ether you have mined to date.
The CPU Mining and GPU Mining sections display your current hashrate. Use the dropdown menu in each section to choose the number of CPUs/GPUs you wish to dedicate to mining (assuming you have more than one).
The Shares section relates to how the work is divided by different machines in the mining pool to ensure everyone receives a fair reward in line with work done by their machine. See the Bitcoin wiki for more information on this.
The unconfirmed balance represents the amount of mined Ether which is waiting for confirmation from MinerGate's servers. This will ultimately be added to your wallet balance.
Ethereum Classic is not a new cryptocurrency, but it arose from the division of the cryptocurrency Ethereum. Both blockchain are identical in each aspect, at least until the block 1920000, which is where the fork occurred that had as objective to return the tokens that had been lost after the hacking of the Decentralized Autonomous Organization (DAO for its acronym in English), which means that until that moment, all transactions, as well as balances and purses that were supported by the blockchain, are still valid.
After the hard-fork was produced, the blockchains were divided into two and work individually.
Ethereum Classic continues to offer the same features as Ethereum, such as the creation and deployment of intelligent contracts, as well as the creation of decentralized applications. In addition to having the same specifications regarding the average time of the blocks, the size and the reward received by each one.
In this tutorial we will explain how to mine Ethereum Classic on a PC. For this we have chosen the Claymore DualMiner mining client and the Nanopool mining pool.
Claymore DualMiner is the default client of most Ethereum extraction enthusiasts. It allows you to mine Ethereum / Ethereum Classic together with another cryptocurrency such as Decred / Siacoin / Lbry / Pascal simultaneously, thus maximizing the parallel processing power of the GPU.
Nanopool is one of the most popular mining pools of the moment to extract Ethereum, Ethereum Classic, Zcash and Monero. Through its official site https://nanopool.org/ we can easily install and configure the Claymore Dual Miner mining client , as we will see below.
Some of the advantages of this mining pool are the following:
The rate is only 1%
Regular payments
No extra payment commission
The default minimum payment is 1 ETC
Adjustable minimum payment threshold
An AMD / NVIDIA graphics card with a minimum of 3 GB of GDDR5 memory *
The latest graphics drivers available
Windows 7 x64 or higher
A wallet address or Ethereum wallet.
* Minar Ethereum at this point requires a GPU of at least 3 GB due to the size of the DAG file. The DAG (Directed Acyclic Graph) file is essentially a database of the existing blockchain. To extract the next block, your hardware must know all the existing blocks. At the time of writing, the DAG is just over 2 GB and continues to grow. The vast majority of mining customers load all the DAG into the VRAM of your graphics card. Without sufficient capacity, the GPU can not even start mining operations.
Based on expert opinions, we believe that this is the best possible configuration for mining Ethereum Classic and other cryptocurrencies based on the Ethash algorithm (November 2017):
Power supply (up to 5 GPUs): * EVGA SuperNOVA 1200 P2 80+ PLATINUM ($ 270) http://amzn.to/2FKkGGz
* To calculate the total energy consumption of the equipment use the Outervision online watt calculator: https://outervision.com/power-supply-calculator
We need an Ethereum Classic wallet or purse to receive the rewards for each mined block. In this case we have chosen Jaxx, a light wallet and quite safe. Jaxx is multiplatform and supports different cryptoactives, such as Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, Dash and Zcash, among others.
Download the Jaxx client for Windows from its official site https://jaxx.io/ , or if you prefer, the extension of Google Chrome, which only weighs 3MB. Once the file is downloaded, run it and proceed to create a new Ethereum wallet.
Select “Ehereum Classic” from the list of options and click “take me to my wallet”
Copy the address of your wallet and keep it in a safe place, as we will need it later
The next step will be to download the Claymore Dual Miner mining client from the Nanopool website. From here we can not only download the most compatible version of this mining pool, but we can also configure the client in a simple way.
To do this, we go to https://nanopool.org/ and click on the “Quick Start” button located at the bottom of the section dedicated to Ethereum Classic.
A new window will open from where we will download the mining client (navigate to the “How to connect” section).
Now click on “Download Claymore DualMiner” to start the client download, which will be contained in a .zip file (“Claymore.s.Dual.Ethereum..GPU.Miner”). Once you have downloaded it, create a new container folder in any location of your PC (For example in: “C: / Claymore”), and extract all the contents of the .zip file that you just downloaded there.
Go back to the main page of Nanopool, and from the window that we opened previously (Ethereum Classic / Quick Start / How to Connect) click on “Generate Your Config”.
A new window will open in which you will have to indicate the configuration parameters of the mining client:
OS: Your operating system (Windows / Linux)
GPU vendor: Select the manufacturer of your GPU (NVIDIA / AMD)
Worker name: Set the name of your worker, for example: “rig1” (try not to use blank spaces)
Email: Enter your email address.
Main server: Select the server closest to your geographical location.
First algorithm: Select the main mining algorithm, in this case we will choose Ethereum Classic
First algorithm address: Your wallet address or Ethereum Classic wallet (place here your Ethereum Classic address of Jaxx)
Second algorithm:Select the secondary mining algorithm for dual mining, or if you prefer, select “none” to mine only Ethereum
Second algorithm address: Enter the wallet address of the secondary algorithm (if you are only going to mine Ethereum leave this box blank)
Once you have finished, click on “generate”. Nanopool will create the necessary files to configure the miner. Upon completion, a compressed folder (claymore_config_nanopool.zip) with the following files will be downloaded:
epools.txt
start.bat
Extract these 2 files in the folder where you previously extracted the files from the Claymore mining client:
Our mining client is ready to begin mining Ethereum Classic. To start it, we just have to execute the file start.bat that we just extracted in the container folder, and once this is done, we will only have to wait for it to start. A new command window will open indicating the speed and other mining statistics. We will not need to do anything else. Congratulations! You’re already mining Ethereum Classic.
Once we have started to mine, we can verify that everything works correctly by entering our Ethereum Classic address to the Nanopool website.
Copy the address of your Ethereum Classic wallet or wallet and paste it into the search box located in the top navigation bar (where “Address” is indicated) and then click “Search”
If everything works properly, a page will be loaded with the latest statistics of your mining rig, mining time, hashrate, income, etc.
As you can see, this is one of the simplest forms currently available to mine Ethereum Classic. If you still have problems, or prefer a simpler method, there are some options available in the market, such as the mining clients of MinerGate(https://es.minergate.com/) and Nicehash (https: //miner.nicehash .com/). These mining clients are recommended especially if you do not have much experience, since they have an intuitive graphical interface, and also have some advanced functions, such as mining the most profitable cryptocurrency of the moment automatically.
Original article and pictures take digitalbodha.com site