|submitted by DanielTaylor to Bitcoin [link] [comments]|
“This is not a speculation, nor is it a hedge. This was a deliberate corporate strategy to adopt a bitcoin standard.”Let's unpack it and jump into the economics Bitcoin:
The essential measures that ended hyperinflation in each of Germany,Austria, Hungary, and Poland were, first, the creation of an independentcentral bank that was legally committed to refuse the government'sdemand or additional unsecured credit and, second, a simultaneousalteration in the fiscal policy regime.In english: *hyperinflation stops when the central bank can say "no" to the government."
The Federal Reserve is prepared to use its full range of tools to support the flow of credit to households and businesses and thereby promote its maximum employment and price stability goals.In english: We're going to keep printing and lowering rates until jobs are back and inflation is under control. If we print until the sun is blotted out, we'll print in the shade.
“We feel pretty confident that Bitcoin is less risky than holding cash, less risky than holding gold,” MicroStrategy CEO said in an interview"BTC is less risky than holding cash or gold long term" is nonsense. We saw before that BTC is more volatile on face value, and that as long as the Fed isn't run by spider monkeys stacked in a trench coat, the inflation is likely to be within reasonable bounds.
If you are not bullish in general on cryptocurrencies you have no place in investing or trading cryptocurrencies since it's always a losing proposition to trade in bubbles, a scientifically proven fact. If on the other hand you are then your goal is to grow your portfolio more than you would if holding BTC/ETH for example.
If I decide because the sky is blue to make my coin supply 100 Trillion FoolCoins with a price of $0.001 and there is another WiseCoin with a supply of 100 Million and price of $1 then FoolCoins are more expensive. - Alex Fin's Cap Law
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submitted by Generalgwill to u/Generalgwill [link] [comments]
Mathias Valon is a very active, creative, forward-thinking, and enterprising person. His personal goal is "I create the world with more confidence." Trust is the most precious element in this universe. His vision is to digitally connect the global network through a seamless chain of trust. He likes to stay fit, active, and have an endless passion for sports. Mathias has established 7 companies in 4 countries and has gained a good reputation in blockchain and cryptocurrencies around the world. He is an encouraging leader who shares his vision of a trustless economy through the TrustSearch project and TrustUnion.
He has a dynamic and varied character that makes him learn new languages despite his native French. He often speaks French and English and has a basic knowledge of Chinese and Thai.
His hobbies are reading books, exploring the world, and meeting people to inspire their lives. He changed many lives during his life.
Early EducationMathias' passion for studying has crossed Arlington, Texas, United States; where he studied training of management experts and management services at the CCI Training Center; It offers professional training in computer science and network administration. He completed his postgraduate studies in Aix-en-Provence, Provence-Alpes-Côte d'Azur, France. Blockchain is an immutable and shared ledger for building trust and recording transactions, as well as for monitoring resources. He graduated from Expert Block Technologies and Blockchain Business Solutions in the United States in 2018.
HobbiesHe has a great enthusiasm for reading tons of books; that help you develop your personality, your knowledge, and your business. He read Blockchain, Laurent Leloup's Revolution of Trust, Homo Deus: A Brief History of Tomorrow, by Yuval Noah Harari, Sapiens: A Brief History of Humankind, by Yuval Noah Harari, The 4- Hour Workweek, by Tim Ferris, Humain [Human], by Monique Atlan and Roger-Pol Droit, Guy de Maupassant (all volumes), The great precursors of social thought, volumes 1, 2, 3, 4, by Plato, Eschyle, Aristote, Lucrèce.
Mathias Valon is passionate about extreme sports. He loves almost all sports but thrives on challenging and exciting sports like rock climbing, paragliding, etc. It has a paragliding license. It has climbed twice the highest peak in Europe: Mont Blanc (the highest mountain in Europe) and four times "le Dôme des Ecrins" located in France. He has climbed the exciting "Dôme des Ecrins" 8 times. His endless quest for adventure encourages him to explore and test his skills on Kilimanjaro and Everest. So in the future, it will escalate. He has a great passion for support and inspiring nature that made him Thailand's national champion Superbike 1000 CC.
AccomplishmentsMathias Valon is curious to explore and understand new technologies. His desire to make his way in the technology sector for over 15 years. Mathias VALON currently works as CEO and co-founder of TrustUnion and CEO and co-founder of DragonKey Co. Ltd.
He was ranked as the best French entrepreneur in Asia in Singapore (2018-2019). His work in Asia and the Asian response to it is remarkable. Mathias Valon has named one of "50 must-see weekly Crypto journalists covering Crypto and Blockchain". He leads his company TrustUnion to reach the biggest victory phase by a wide margin against his opponents in the "start race" organized by "Blockshow Asia 2018", which is the best-known blockchain conference in Singapore and in the region.
In addition, Mathias VALON has held five previous positions, including that of Managing Director and Co-Founder at OPPORTUNITIES LTD. He has an annual turnover of $ 16 million per year, inspiring and employing more than 200 people in her many companies. His personal CB rank is 24, 717. TrustUnion's CB rating is 272, 101.
A. TrustUnion CompanyMathias Valon is CEO and founder of TrustUnion & TrustSearch.
He is a diverse and serial entrepreneur. He has created and managed seven successful companies worldwide. TrustUnion is its core business and is based on the concept of digital trust. Mathias' vision to help people trust each other and provide a digital trust platform. He laid the foundation for "TrustUnion-Blockchain technology will reduce the cost of trust by digitizing real trust." TrustUnion is a private non-profit company founded in November 2016. TrustUnion aims to reduce the cost of trust globally. Their vision is to bring the first symbiosis between real trust in a digital relationship based on all the reliable quality of the blockchain. At TrustUnion, your identity is no longer based on your personal data. Reliability is an integral part of your digital interactions and connections.
B. TrustSearchMathias is working on his other company, "TrustSearch", whose motive is to organize the world's trust and make it universally accessible and useful. Recently, under Mathias' leadership, TrustSearch reached the highest sales milestone in Germany, the United Kingdom, and several cities in Europe.
TrustSearch is Valon's latest project, but his continual quest for knowledge and helping humanity all over the world is endless. Today Mathias Valon inspires the world through digital trust and is currently working to improve people's beliefs. Trust is vital in personal and public circles, including relationships, loved ones, and their surroundings.
The TrustSearch initiative was supposed to cover these aspects of trust. TrustSearch has created the Chain of Trust: a comprehensive protocol that seamlessly integrates all aspects of trust.
C. DragonKey CompanyMathias Valon is CEO and co-founder of DragonKey Co. Ltd. DragonKey is a global company with an awareness of the new challenges of the modern world. Its headquarters are located in Asia-Pacific (APAC). This company was also founded in 2016. DragonKey International is firmly established in Asia. The company is growing faster than expected thanks to the experience of Mathais Valon who has created several tools to help the company assess operational needs more accurately and improve financial forecasts. Under his leadership, the company excels and generates huge profits every year.
ParticipationMathias Valon is a trust and innovative researcher. He is also a data science enthusiast. He is an encouraging leader who is always happy and ready to share his vision of a trustless economy through his TrustUnion project. Trust is essential and essential. Without trust, we cannot survive in society or even stay alive for a long time, but being too confident is not a good option either. Mathias plays and defines many roles in improving trust levels. Mathias is an ICO Bench blogger and AFGC member. On January 15, 2018, Mathias Valon participated in CoinsBank Blockchain Cruise Asia.
Mathias Valon says: “It is very simple to initiate a nice idea, because, everyone can initiate marketable ideas daily, however, the difficult part is transforming the ideas generated into a successful product. There are many steps to follow, you need to create a balanced combination of persistence, relentlessness, stubbornness, and flexibility. He said one must be persistent in vision and flexible in implementation. To launch our platform, we adapt to all phases, to technological changes, to changes in the market, to changes in monetization, to the new CTO, to the launch of the fundraiser ahead of schedule, but we remain persistent in our vision. Today trust is the most ethical element on earth and allows as many people as possible to have the same chance of success. It is one of the few things that cannot be purchased and it puts everyone on an equal footing. "
InspirationMathias always has a clear vision. What inspires you to start a company like TrustUnion? His answer to this frequently asked question is: "Anyone can be a seller through the Amazon platform, anyone can be a pilot through the Uber platform, anyone can be a journalist through the Twitter platform, anyone can be a banker through the Bitcoin platform, anyone can be a filmmaker through the YouTube platform, anyone can learn through Wikipedia. "So he had the TrustUnion idea that "anyone can be trusted (digitally) through TrustUnion.
Social PresenceMathias Valon is a socially active person. He loves meeting new people with ideas and exploring life with them. He loves to talk about innovations and technology. He often meets new people around the world and discusses new ideas and technologies that help him grow his business exponentially. Trust is what transforms society and, at the same time, it is what is exploited. Mathias maintains and appreciates trust because he knows the cost of building trust. Spend years studying the digital market and helping people evolve digitally. He travels from time to time around the world and has a special interest in building a healthy and reliable social relationship.
ReputationMathias Valon is not only good at entrepreneurship and in what he does, but he also has a humble and humanitarian character, he cares so much about his employees and his reputation among their employees is positive and their comments are that “They are extremely proud to have Mathias as a leader and proud of their results; their honor and recognition are deserved!
ConclusionMathias Valon is an exemplary personality for entrepreneurs and start-ups owners. His commitment and passion for his goals and vision are extraordinary. He has faced many difficulties throughout his life but continues to move forward with a positive intuition. He always stays tuned and keeps his head straight-up, on every difficulty, and he finally achieves what he wanted. He has no plan to stop sooner, his vision is fast-growing and replicating more and more every day. Mathias Valon promises to deliver world-class services on time. He strongly believes in time and appreciates every moment of his life. The nature of Mathias is alive and progressive. The best thing about Mathias is "he is focused, oriented and self-motivated". He Inspires the surroundings and assists others to grow as well. His ultimate mission and drive are to create a world of trust with many opportunities for growth and inspiration.
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submitted by HKBNews to Bitcoin [link] [comments]
Summary: Bitcoin was invented by the anonymous Satoshi Nakamoto as recently as 2008, but it is backed up by a rich intellectual foundation. For instance, The 1776 First Amendment separates church and state, and contemporary American liberation psychologist Nozomi Hayase (2020) argues that money and state should similarly be separated. Just as Isaac Newton’s study of alchemy gave rise to the international gold standard, so has the anonymous creator Satoshi Nakamoto's desire for a “modernized gold standard” given rise to Bitcoin. Indeed, Bloomberg's 2020 report confirms Bitcoin to be gold 2.0. Montesquieu (1774) asserted that laws that secure inalienable rights can only be found in Nature, and the natural laws employed in Bitcoin include its consensus algorithm and the three natural laws of economics (self-interest, competition, and supply and demand). J.S. Mill (1859) preferred free markets to those controlled by governments. Ludwig von Mises (1951) argued against the hazards of fiat currency, urging for a return to the gold standard. Friedrich Hayek (1984) suggested people to invent a sly way to take money back from the hands of the government. Milton Friedman (1994) called for FED to be replaced by an automatic system and predicted the coming of a reliable e-cash. James Buchanan (1988) advocated a monetary constitution to constrain the governmental power of money creation. Tim May (1997) the cypherpunk proclaimed that restricting digital cash impinges on free speech, and envisioned a stateless digital form of money that is uncensorable. The Tofflers (2006) pictured a non-monetary economy. In 2016, UCLA Professor of Finance Bhagwan Chowdhry even nominated Satoshi for a Nobel Prize.
Separation between money and state
The 1791 First Amendment to the U.S. Constitution enshrines free speech and separates church and state, but not money and state. "Under the First Amendment, individuals’ right to create, choose their own money and transact freely was not recognized as a part of freedom of expression that needs to be protected," Japanese-American liberation psychologist Nozomi Hayase (2020) points out (1).
The government, banks and corporations collude together to encroach upon people's liberties by metamorphosing their inalienable rights into a permissioned from of legal rights. Fiat currencies function as a medium of manipulation, indulging big business to generate market monopolies. "Freedom of expression has become further stifled through economic censorship and financial blockage enacted by payment processing companies like Visa and MasterCard," to borrow Hayase's (2020) words.
Satoshi is a Modern Newton
Although most famous for discovering the law of gravity, Isaac Newton was also a practising alchemist. He never managed to turn lead into gold, but he did find a way to transmute silver into gold. In 1717, Newton announced in a report that, based on his studies, one gold guinea coin weighed 21 shillings. Just as Isaac Newton’s study of alchemy gave rise to the international gold standard, so has the desire for a “modernized gold standard” given rise to Bitcoin. "In a way, Satoshi is a modern Newton. They both believed trust is best placed in the unchangeable facets of our economy. Beneath this belief is the assumption that each individual is their own best master," as put by Jon Creasy (2019) (2).
J.S. Mill: free markets preferable to those controlled by governments
John Stuart Mill (1806-1873) the great English philosopher would be a Bitcoiner were he still around today. In On Liberty (1859), Mill concludes that free markets are preferable to those controlled by governments. He argues that economies function best when left to their own devices. Therefore, government intervention, though theoretically permissible, would be counterproductive. Bitcoin is precisely decentralized or uncontrolled by the government, unconfiscatable, permissonless, and disinflationary. Bitcoin regulates itself spontaneously via the ordinary operations of the system. "Rules are enforced without applying any external pressure," in Hayase's (2020) words.
Ludwig von Mises (1958): Liberty is always Freedom from the Government
In The Free Market and its Enemies, theoretical Austrian School economist Ludwig von Mises (1951) argues against the hazards of fiat currency, urging for a return to the gold standard. “A fiat money system cannot go on forever and must one day come to an end,” Von Mises states. The solution is a return to the gold standard, "the only standard which makes the determination of the purchasing power of money independent of the changing ideas of political parties, governments, and pressure groups" under present conditions. Interestingly, this is also one of the key structural attributes of Bitcoin, the world’s first, global, peer-to-peer, decentralized value transfer network.
Actually, Bloomberg's 2020 report on Bitcoin confirms that it is gold 2.0. (3)
Von Mises prefers the price of gold to be determined according to the contemporaneous market conditions. The bitcoin price is, of course, determined across the various global online exchanges, in real-time. There is no central authority setting a spot price for gold after the which the market value is settled on among the traders during the day.
Hayek: Monopoly on Currency should End
Austrian-British Nobel laureate Friedrich Hayek’s theory in his 1976 work, Denationalization of Money, was that not only would the currency monopoly be taken away from the government, but that the monopoly on currency itself should end with multiple alternative currencies competing for acceptance by consumers, in order "to prevent the bouts of acute inflation and deflation which have played the world for the past 60 years." He forcefully argues that if there is no free competition between different currencies within any nation, then there will be no free market. Bitcoin is, again, decentralized, and many other cryptocurrencies have tried to compete with it, though in vain.
In a recently rediscovered video clip from 1984, Hayek actually suggested people to invent a cunning way to take money out of the hands of the government:- “I don’t believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can’t take them violently out of the hands of government, all we can do is by some sly roundabout way introduce something they can’t stop” (4). Reviewing those words 36 years hence and it is difficult not to interpret them in the light of Bitcoin.
Milton Friedman Called for FED to be Replaced by an Automatic System
Nobel laureate economist Milton Friedman (1994) was critical of the Federal Reserve due to its poor performance and felt it should be abolished (5). Friedman (1999) believed that the Federal Reserve System should ultimately be replaced with a computer program, which makes us think of the computer code governing Bitcoin (6).[\](https://en.wikipedia.org/wiki/Criticism_of_the_Federal_Reserve#cite_note-:2-12) He (1970) favored a system that would automatically buy and sell securities in response to changes in the money supply. This, he argued, would put a lid on inflation, setting spending and investment decisions on a surer footing (7). Bitcoin is exactly disflationary as its maximum possible supply is 21 million and its block reward or production rate is halved every four years.
Friedman passed away before the coming of bitcoin, but he lived long enough to see the Internet’s spectacular rise throughout the 1990s. “I think that the Internet is going to be one of the major forces for reducing the role of government," said Friedman in a 1999 interview with NTU/F. On the same occasion, he sort of predicted the emergence of Bitcoin, "The one thing that’s missing, but that will soon be developed, is a reliable e-cash, a method whereby on the Internet you can transfer funds from A to B, without A knowing B or B knowing A." (8)
“Of course, Friedman didn’t predict the block chain,” summed up American libertarian economist Jeffery Tucker (2014). “But he was hoping for a trustless system. He saw the need.” (9).
Bitcoin Computer Code as Constitution in the Buchananian Sense
American economist cum Nobel laureate James Buchanan (1988) advocates constitutional constraints on the governmental power to create money (10). Buchanan distinguishes a managed monetary system—a system “that embodies the instrumental use of price-level predictability as a norm of policy”—from an automatic monetary system, “which does not, at any stage, involve the absolute price level” (Buchanan 1962, 164–65). Leaning toward the latter, Buchanan argues that automatic systems are characterized by an organization “of the institutions of private decision-making in such a way that the desired monetary predictability will emerge spontaneously from the ordinary operations of the system” (Buchanan 1962, 164). Again, "Bitcoin regulates itself through the spontaneous force of nature, flourishing healthy price discovery and competition in the best interest of everyone" (Hayase 2020).
Shruti Rajagopalan (2018) argues that the computer code governing how the sundry nodes/computers within the Bitcoin network interact with one another is a kind of monetary constitution in the Buchananian sense. One of Buchanan's greatest inputs is to differentiate the choice of rules from the choice within rule (Buchanan 1990). One may regard the Bitcoin code as a sort of constitution and "the Bitcoin network engaging in both the choice of rules and choice within rules" (Rajagopalan 2018) (11).
Tim May: Restricting Digital Cash may Impinge on Free Speech
Cypherpunks are activists who since the 1980s have advocated global use of strong cryptography and privacy-enhancing technologies as a route to social and political liberation. Tim May (Timothy C. May [1951-2018]), one of the influential cypherpunks published The Crypto Anarchist Manifesto in September 1992, which foretold the coming of Bitcoin (12). Cypherpunks began envisioning a stateless digital form of money that cannot be censored and their collaborative pursuit created a movement akin to the 18th Enlightenment.
At The 7th Conference on Computers, Freedom, and Privacy, Burlingame, CA. in 1997, Tim May equated money with speech, and argued that restricting digital cash may impinge on free speech, for spending money is often a matter of communicating orders to others, to transfer funds, to release funds, etc. In fact, most financial instruments are contracts or orders, instead of physical specie or banknotes (13).
Montesquieu: Laws that secure inalienable rights can only be found in Nature
In his influential work The Spirit of Laws (1748), Montesquieu wrote, “Laws ... are derived from the nature of things … Law, like mathematics, has its objective structure, which no arbitrary whim can alter". Similarly, once a block is added to the end of the Bitcoin blockchain, it is almost impossible to go back and alter the contents of the block, unless every single block after it on the blockchain is altered, too.
Cypherpunks knew that whereas alienable rights that are bestowed by law can be deprived by legislation, inalienable rights are not to be created but can be discovered by reason. Thus, laws that secure inalienable rights cannot be created by humankind but can be found in nature.
The natural laws employed in Bitcoin to enshrine the inalienable monetary right of every human being include its consensus algorithm, and the three natural laws of economics (self-interest, competition, and supply and demand) as identified by Adam Smith, father of modern economics.
Regarding mathematics, bitcoin mining is performed by high-powered computers that solve complex computational math problems. When computers solve these complex math problems on the Bitcoin network, they produce new bitcoin. And by solving computational math problems, bitcoin miners make the Bitcoin payment network trustworthy and secure, by verifying its transaction information.
Regarding economic laws, in accordance with the principle of game theory to generate fairness, miners take part in an open competition. Lining up self-interests of all in a network, with a vigilant balance of risk and rewards, rules are put in force sans the application of any exterior pressure. "Bitcoin regulates itself through the spontaneous force of nature, flourishing healthy price discovery and competition in the best interest of everyone," to borrow the words of Hayase (2020).
A Non-monetary Economy as Visualized by the Tofflers
In their book, Revolutionary Wealth (2006), futurists Alvin Toffler and his wife Heidi Toffler toy with the concept of a world sans money, raising a third kind of economic transaction that is neither one-on-one barter nor monetary exchange. In the end, they settle on the idea that the newer non-monetary economy will exist shoulder-to-shoulder with the monetary sector in the short term, although the latter may eventually be eclipsed by the former in the long run. What both the Tofflers' The Third Wave (1980) and Revolutionary Wealth bring into question is the very premise of monetary exchange. The vacuum left over by cash in such a non-monetary economy may be filled up by Bitcoin as a cryptocurrency.
Satoshi Nakamoto Nominated for Nobel Prize by UCLA Finance Prof.
UCLA Anderson School Professor of Finance Bhagwan Chowdhry nominated Satoshi Nakamoto for the 2016 Nobel Prize in Economics on the following grounds:-
It is secure, relying on almost unbreakable cryptographic code, can be divided into millions of smaller sub-units, and can be transferred securely and nearly instantaneously from one person to any other person in the world with access to internet bypassing governments, central banks and financial intermediaries such as Visa, Mastercard, Paypal or commercial banks eliminating time delays and transactions costs.... Satoshi Nakamoto’s Bitcoin Protocol has spawned exciting innovations in the FinTech space by showing how many financial contracts — not just currencies — can be digitized, securely verified and stored, and transferred instantaneously from one party to another (14).
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#bitcoin #bitcoinhalving #jamesBuchanan #MiltonFriedman #AlvinToffler #FirstAmendment #LudwigVonMises #TimMay #freeMarket # SatoshiNakamoto #FriedrichHayek #Cypherpunk #Cryptocurrency #GoldStandard #IsaacNewton
submitted by tkeycoin to Tkeycoin_Official [link] [comments]
Version 1.3.0 is a powerful update to TkeySpace that our team has been carefully preparing. since version 1.2.0, we have been laying the foundation for implementing new features that are already available in the current version.
Who cares about the security and privacy of their assets is an update for you.
TkeySpace — was designed to give You full control over your digital assets while maintaining an exceptional level of security, which is why there is no personal data in the wallet: phone number, the email address that could be compromised by hackers — no identity checks and other hassles, just securely save the backup phrase consisting of 12 words.
Briefly about the TkeySpace 1.3.0 update :
Code optimization and switching to AndroidXA lot of work has been done on optimizing the code to speed up the application, improving the logic, synchronization speed, calculating the hash of cryptocurrencies, and successfully switching to AndroidX.
New section: Privacy
TORStarting with the current update, the TkeySpace wallet can communicate via the TOR network, includes new privacy algorithms, and supports 59 different currencies.
Tor is a powerful privacy feature for those who own large assets or live in places where the Internet is heavily censored.
Tor technology provides protection against traffic analysis mechanisms that compromise not only Internet privacy, but also the confidentiality of trade secrets, business contacts, and communications in General.When you enable TOR settings, all outgoing traffic from the wallet will be encrypted and routed through an anonymous network of servers, periodically forming a chain through the Tor network, which uses multi-level encryption, effectively hiding any information about the sender: location, IP address, and other data.
This means that if your provider blocks the connection, you can rest easy — after all, by running this function, you will get an encrypted connection to the network without restrictions.
In TOR mode, the wallet may work noticeably slower and in some cases, there may be problems with the network, due to encryption, some blockchain browsers may temporarily not work. However, TOR encryption is very important when Internet providers completely block traffic and switching to this mode, you get complete freedom and no blocks for transactions.
Confidentiality of transactions (the Blockchain transaction)The wallet can change the model of a standard transaction, mixing inputs and outputs, making it difficult to identify certain cryptocurrencies. In the current update, you can select one of several modes for the transaction privacy level: deterministic lexicographic sorting or shuffle mode.
Mode: Lexicographic indexingImplemented deterministic lexicographic sorting using hashes of previous transactions and output indexes for sorting transaction input data, as well as values and scriptPubKeys for sorting transaction output data;
We understand that information must remain confidential not only in the interests of consumers but also in higher orders, financial systems must be kept secret to prevent fraud. One way to address these privacy shortcomings is to randomize the order of inputs and outputs.
Lexicographic ordering is a comparison algorithm used to sort two sets based on their Cartesian order within their common superset. Lexicographic order is also often referred to as alphabetical order or dictionary order. The hashes of previous transactions (in reverse byte order) are sorted in ascending order, lexicographically.In the case of two matching transaction hashes, the corresponding previous output indexes will be compared by their integer value in ascending order. If the previous output indexes match, the input data is considered equal.
Shuffle Mode: mixing (random indexing)To learn more about how “shuffle mode” works, we will first analyze the mechanisms using the example of a classic transaction. Current balance Of your wallet: 100 TKEY, coins are stored at different addresses:
x1. Address-contains 10 TKEY. x2. Address-contains 20 TKEY. x3. Address-contains 30 TKEY. x4. Address-contains 15 TKEY. x5. Address-contains 25 TKEY.
Addresses in the blockchain are identifiers that you use to send cryptocurrency to another person or to receive digital currency.In a classic transaction, if you need to send, for example, 19 TKEY — 100 TKEY will be sent to the network for “melting” coins, 19 TKEY will be sent to the Recipient, and ~80.9 TKEY will return to the newly generated address for “change” in your wallet.
In the blockchain explorer, you will see the transaction amount in the amount of 100 TKEY, where 80.99999679 TKEY is your change, 19 TKEY is the amount you sent and 0.00000321 is the transaction fee. Thus, in the blockchain search engine, most of your balance is shown in the transaction.
How does the shuffle mode work?Let’s look at a similar example: you have 100 TKEY on your balance, and you need to send 19 TKEY.
x1. Address-contains 10 TKEY. x2. Address-contains 20 TKEY. x3. Address-contains 30 TKEY. x4. Address-contains 15 TKEY. x5. Address-contains 25 TKEY.
You send 19 TKEY, the system analyzes all your addresses and balances on them and selects the most suitable ones for the transaction. To send 19 TKEY, the miners will be given coins with x2. Addresses, for a total of 20 TKEY. Of these, 19 TKEY will be sent to the recipient, and 0.99999679 TKEY will be returned to Your new address as change minus the transaction fee.
In the blockchain explorer, you will see the transaction amount in the amount of 20 TKEY, where 0.99999679 TKEY is Your change, 19 TKEY is the amount you sent and 0.00000321 is the transaction fee.
The shuffle mode has a cumulative effect. with each new transaction, delivery Addresses will be created and the selection of debit addresses/s that are most suitable for the transaction will change. Thus, if you store 1,000,000 TKEY in your wallet and want to send 1 TKEY to the recipient, the transaction amount will not display most of your balance but will select 1 or more addresses for the transaction.
Selecting the recovery method for each digital currency (Blockchain restore)Now you can choose the recovery method for each currency: API + Blockchain or blockchain.
Note: This is not a syncing process, but rather the choice of a recovery method for your wallet. Syncing takes place with the blockchain — regardless of the method you choose.https://preview.redd.it/gxsssuxrttx41.png?width=1080&format=png&auto=webp&s=cd9fe383618dda0e990e86485652ff95652a8481
What are the differences between recovery methods?
API + BlockchainIn order not to load the entire history of the blockchain, i.e. block and transaction headers, the API helps you quickly get point information about previous transactions. For example, If your transactions are located in block 67325 and block 71775, the API will indicate to the node the necessary points for restoring Your balance, which will speed up the “recovery” process.
As soon as the information is received, communication with the peers takes place and synchronization begins from the control point, then from this moment, all subsequent block loading is carried out through the blockchain. This method allows you to quickly restore Your existing wallet.
‘’-’’ The API server may fail.
BlockchainThis method loads all block headers (block headers + Merkle) starting from the BIP44 checkpoint and manually validates transactions.
‘’+’’ It always works and is decentralized. ‘’-’’ Loading the entire blockchain may take a long time.
Why do I need to switch the recovery method?If when creating a wallet or restoring it, a notification (!) lights up in red near the selected cryptocurrency, then most likely the API has failed, so go to Settings — Security Center — Privacy — Blockchain Restore — switch to Blockchain. Syncing will be successful.
Selecting the address formatYou can choose the address format not only for Bitcoin but also for Litecoin. Legacy, SegWit, Native SegWit. Go to Settings — Manage Wallets — Address Format.
Working at the code level
Enhanced validation of transactions and blocks in the networkDue to the increased complexity in the Tkeycoin network, we have implemented enhanced validation of the tkeycoin consensus algorithm, and this algorithm is also available for other cryptocurrencies.
What is the advantage of the enhanced validation algorithm for the userFirst, the name itself speaks for itself — it increases the security of the network, and second, by implementing the function — we have accelerated the work of the TkeySpace blockchain node, the application consumes even fewer resources than before.
High complexity is converted to 3 bytes, which ensures fast code processing and the least resource consumption on your device.
SynchronizationThe synchronization process has been upgraded. Node addresses are added to the local storage, and instant synchronization with nodes occurs when you log in again.
Checking for double-spendingTkeySpace eliminates “double-spending” in blockchains, which is very valuable in the Bitcoin and Litecoin networks.
For example, using another application, you may be sent a fake transaction, and the funds will eventually disappear from the network and your wallet because this feature is almost absent in most applications.Using TkeySpace — you are 100% sure that your funds are safe and protected from fraudulent transactions in the form of “fake” transactions.
The bloom filter to check for nodesAll nodes are checked through the bloom filter. This allows you to exclude fraudulent nodes that try to connect to the network as real nodes of a particular blockchain.
In practice, this verification is not available in applications, Tkeycoin — decided to follow a new trend and change the stereotypes, so new features such as node verification using the bloom filter and double-spending verification are a kind of innovation in applications that work with cryptocurrencies.
Updating the Binance and Ethereum librariesUpdated Binance and Ethereum libraries for interaction with the TOR network.
Function — to hide the balanceThis function allows you to hide the entire balance from the main screen.
Advanced currency charts and charts without authenticationDetailed market statistics are available, including volumes, both for 1 day and several years. Select the period of interest: 1 day, 7 days, 1 month, 3 months, 6 months, 1 year, 2 years.
In version 1.3.0, you can access charts without authentication. You can monitor the cryptocurrency exchange rate without even logging in to the app. If you have a pin code for logging in, when you open the app, swipe to the left and you will see a list of currencies.
NewsIn the market data section — in the tkeyspace added a section with current news of the cryptocurrency market.
Blockchain Explorer for TkeycoinTransaction verification for Tkeycoin is now available directly in the app.
Independent Commission entry for BitcoinTaking into account the large volume of the Bitcoin network, we have implemented independent Commission entry — you can specify any Commission amount.
For other currencies, smart Commission calculation is enabled based on data from the network. The network independently regulates the most profitable Commission for the sender.
New digital currenciesThe TkeySpace wallet supports +59 cryptocurrencies and tokens.
CryptocurrenciesTkeycoin (TKEY), Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Bitcoin Cash (BCH), DASH, Binance (BNB), EOS.
StablecoinsTrueUSD (TUSD), Tether USD (USDT), USD Coin (USDC), Gemini Dollar (GUSD), STASIS EURO (EURS), Digix Gold Token (DGX), Paxos Standard (PAX), PAX Gold (PAXG), Binance USD (BUSD), EOSDT, Prospectors Gold (PGL).
ERC-20, BEP2, and EOS tokensNewdex (NDX), DigixDAO ERC-20 (DGD), Chainlink ERC-20 (LINK), Decentraland ERC-20 (MANA), EnjinCoin ERC-20 (ENJ), the Native Utility (NUT), 0x Protocol ERC-20 (ZRX), Aelf ERC-20 (ELF), Dawn DAO ERC-20 (AURA), Cashaaa BEP2 (CAS), Bancor ERC-20 (BNT), the Basic Attention Token ERC-20 (BAT), Golem ERC-20 (GNT), Mithril ERC-20 (MITH), MEETONE, NEXO ERC-20, Holo ERC-20 (HOT), Huobi Token ERC-20 (HT), IDEX ERC-20, IDEX Membership ERC-20 (IDXM), Bitcoin BEP2 (BTCB), Waltonchain ERC-20 (WTC), KuCoin Shares ERC-20 (KCS), Kyber Network Crystal ERC-20 (KNC), Loom Network ERC-20 (LOOM), Ripple (XRP), Everipedia (IQ), Loopring ERC-20 (LRC), Maker ERC-20 (MKR), the Status of the ERC-20 (SNT), Ankr Network BEP2 (ANKR), OmiseGO ERC-20 (OMG), ^ american English ERC-20 (^american English), Polymath ERC-20 (POLY), Populous ERC-20 (PPT), Pundi X ERC-20 (NPXS), Parser ERC-20 (REP), Revain ERC-20 (R), Binance ERC20 (BNB-ERC20), Gifto BEP2 (GTO).
Exchange of cryptocurrencyThe “Limitless Crypto Exchange” tab is available for a quick transition to an unlimited exchange in 200 digital currencies — 10,000 currency pairs.
How do I update TkeySpace to version 1.3.0?
submitted by tkeycoin to Tkeycoin_Official [link] [comments]
Meet a major update in TKEYSPACE. We were debugging the engine, so to speak-modified the Tkeycoin Engine. This is a really powerful update — large scale code-level improvements and new features.
Someone may think that an application is just ten lines of code, but an expert who thinks this is wrong.
TkeySpace is a combination of many libraries, support for C++, Java), Kotlin), Swift), Objective-C, cryptography and blockchain, and a combination of best practices with new technologies. To ensure the operation of many supported blockchains, the team has done a great job to ensure that you already use the most secure multi-currency wallet TkeySpace.
For iOS development, we use the stack: C++, Swift, Objective-C. For Android development: C++, Java, Kotlin. Cryptography and blockchain parameters are applied on both platforms.When creating TkeySpace, we primarily looked at security, decentralization, and convenience. TkeySpace is a strong programming code inside and a light intuitive interface outside.
TkeySpace eliminates hacker attacks, hacks, and sanctions from third parties, ensuring the comfortable use of your assets.
Remember that using the so-called “blockchain wallets”, of which there are a lot on the market — you risk losing funds. There are only a few truly working applications on the blockchain, which distinguishes the technical uniqueness of TkeySpace from other wallets. How TkeySpace works, we told you in the review: TKEYSPACE is a blockchain on your mobile.
What updates are available in TkeySpace 1.2.1 on iOS
Localization in the AppStore in 8 languagesNow the TkeySpace page in the AppStore is available in 8 languages: Russian, German, English, Spanish, French, Korean, Turkish, and Chinese.
Update on the code levelA large-scale work was done at the code level-optimization, interaction with libraries, new functions, and fixed errors that occurred during the wallet operation.
SynchronizationFixed a local error displaying incorrect synchronization status, which affected the sending of transactions and interaction with blockchains.
The synchronization process has been completely fixed, and now the connection to the nodes is running correctly.
Node addresses are added to the local storage, and instant synchronization with nodes occurs when you log in again.
TransactionsDue to the correction of the synchronization process, errors that could occur when sending transactions have been fixed.
Added a synchronization check before sending transactions, now the wallet checks for synchronization with the network before performing any operation with digital currencies. If syncing isn’t set to 100% yet, then TkeySpace won’t let you send the transaction.
Enhanced validation of transactions and blocks in the networkEnhanced validation of the algorithm for consensus of Tkeycoin and other cryptocurrencies is enabled. This increases the security of the network, as well as speeds up the work of the TkeySpace blockchain node, the application consumes even fewer resources than before. High complexity is converted to 3 bytes, which ensures fast code processing and the least resource consumption on your device.
Checking “ Double spending”TkeySpace now eliminates “double spending” in blockchains, which is very valuable in the Bitcoin and Litecoin networks. Your funds are safe and protected from fraudulent transactions in the form of “fake” transactions.
The bloom filter to check for nodesAll nodes are checked through the bloom filter. This allows you to exclude fraudulent nodes that try to connect to the network as real nodes of a particular blockchain.
MiningFixed a zero-byte decoding error that could cause the “mining reward” to not display in TkeySpace. Now all miners can extract currencies Tkeycoin, DASH, Litecoin, Bitcoin Cash, Bitcoin, Ethereum directly to Addresses from the TkeySpace app, which is very convenient, and most importantly, safe and always at hand.
The increased privacy of transactionImplemented deterministic lexicographic sorting using hashes of previous transactions and output indexes for sorting transaction input data, as well as values and scriptPubKeys for sorting transaction output data.
The new transaction model makes it harder to identify certain wallets and increases privacy by using smart contracts.
Improvements at the TkeySpace interface level:
Upgraded currency ratesNow you can get detailed market statistics, both for 1 day and for several years. Statistics are available for periods: 1 day, 7 days, 1 month, 3 months, 6 months, 1 year, 2 years. Statistics on volumes are available for both 1 hour and 24 hours.
NewsIn the market data section, there is a section with current news of the cryptocurrency market.
Function — to hide the balanceOn the main screen of the TkeySpace app, you can completely hide your balance. Tap on the Balance, it will be automatically hidden from the main screen. This feature allows you to further enhance your privacy.
To upgrade to the TkeySpace version-1.2.1 — we recommend completely reinstalling the TkeySpace app:Delete the app — Install the app — Launch the wallet — click Restore Wallet — enter Backup phrases separated by a space — wait for syncing — now your TkeySpace wallet is fully ready to work.
App store: https://apps.apple.com/app/tkeyspace-future-focused/id1500778512 The official website of the keyspace: https://wallet.tkeycoin.com/
Suggestions for improving the app, errors that occur in the wallet, please send to our support service — [[email protected]](mailto:[email protected]).
The first church primers paralleled the introduction of school textbooks known as “the ABC”The Alphabet is a vessel for messages:
What's in a name?Indeed:
And the Lord God said, Behold, the man is become as one of us, to know good and evil: and now, lest he put forth his hand, and take also of the tree of life, and eat, and live for ever:
Obstetrics is the field of study concentrated on pregnancy, childbirth, and the postpartum period. As a medical specialty, obstetrics is combined with gynaecology under the discipline known as obstetrics and gynecology (OB/GYN) which is a surgical field.
And they had a king  over them, which is the angel of the bottomless pit, whose name in the Hebrew tongue is Abaddon  , but in the Greek tongue hath his name Apollyon.This is perhaps a dual - the Abaddon is both Father Beast (and Lord of the Harem, perhaps, given the plural 'them') and the Beastly Progeny (ie. King and Prince):
... He that ne'er learns his ABC,
... For ever will a Blockhead be.
... But he that learns these Letters fair,
... Shall have a Coach to take the Air.
Enregisterment is often partially, rather than completely, true, sort of like an accent viewed through a funhouse mirror.
Chinese researcher accused of trying to smuggle vials of ‘biological material’ out of US hidden in a sock
Sweeping ban on semiautomatic weapons takes effect in New Zealand
Does anyone know what this symbol represents, it's familiar to me and puts of a very unique energy and I cannot place it
These are things we can imagine Alphabet Sages might desire to encode and honour - as much for a mnemonic purpose, as for teaching purposes, or for archiving [...] knowledge [...] or purely for the sake of esoterica itself (ie. wizard just likes math, or architecture, and thus honours math and arches, secretely in words using basic algebra and references to certain idioms and golden numbers. Wizard works for King, shows him tricks. King decrees new Bible edition, and new Dictionary version).Today:
China orders Christians to rewrite the Bible for the era of President Xi
China orders Christians to rewrite the Bible for the era of President Xi
How Do Bullets Work in Video Games?
Q&A(stronony) —from The Comte De Gabalis, discourse 1: https://www.sacred-texts.com/eso/cdg/cdg04.htm
Lessons from scorching hot weirdo-planets
The first kind of exoplanet found, Hot Jupiters still perplex and captivate
He found me to be of a tractable, inquiring, and fearless disposition. A dash of melancholy is lacking in me, else I would make all, who are inclined to blame the Comte de GABALIS for having concealed nothing from me, confess that I was a not unfit subject for the Occult Sciences. One cannot make great progress in them, it is true, without melancholy; but the little that I possess in no wise disheartened him. You have, he told me a hundred times, Saturn in an angle, in his own house, and retrograde; some day you cannot. fail to be as melancholy as a Sage ought to be; for the wisest of all men, as we learn in the Cabala, had like you Jupiter in the Ascendant, nevertheless so powerful was the influence of his Saturn, though far weaker than yours, that one cannot find proof of his having laughed a single time in all his life. The Amateurs must, therefore, find fault with my Saturn and not with the Comte de GABALIS, if I prefer to divulge their secrets rather than to practise them.
Photons are (almost) supreme —
Why I dislike what “quantum supremacy” is doing to computing research
Bitcoin is a decentralized digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority: transaction management and money issuance are carried out collectively by the network. The original Bitcoin software by Satoshi Nakamoto was released under the MIT license. . Most client software, derived or "from ... Unlike Wikipedia, the Bitcoin Wiki is not an encyclopedia, and includes things like non-encyclopedia details (e.g., exact specifications on service fees, product performance, etc), how-to manuals, protocol specifications, original research, etc. There are also no notability requirements beyond the requirement that the material be of general interest to some segment of the Bitcoin community or ... Quelle: Wikipedia. Bitcoin (inoffizielle Abkürzung BTC) ist ein Open-Source-Softwareprojekt für die gleichnamige digitale Währung auf Peer-to-Peer (P2P) Basis, das 2009 von Satoshi Nakamoto ins Leben gerufen wurde. Über sogenannte Bitcoin-Adressen kann Geld anonym von einer Wallet-Datei (engl. Geldbörse) bzw. einem speziellen Service über das Netzwerk an andere Adressen überwiesen werden. Bitcoin.org is a community funded project, donations are appreciated and used to improve the website. Make a donation ... In the event of any conflict between the English language version and the translated version, the English language version shall take precedence. If you notice any inconsistency, please report them on GitHub. 3. Risks related to the use of Bitcoin. The Website will not be ... History of Bitcoin cryptocurrency.Bitcoin is a decentralized cryptocurrency created in 2008 by the pseudonymous Satoshi Nakamoto.This account resumes the whole history of Bitcoin since 2008 to 2017 and 2018.. On 18 August 2008, the domain name bitcoin.org was registered.. Later that year on October 31st, a link to a paper authored by Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic ...
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