Verge For Beginners: The Ultimate Guide To This AltCoin In ...

ColossusXT Q2 2020 AMA Ends!

Thank you for being a part of the ColossusXT Q2 2020 AMA! Below we will summarize the questions and answers. The team responded to 46 questions! If your question was not included, it may have been answered in a previous question or AMA. The ColossusXT team will do a Reddit AMA at the end of every quarter.
The winner of the AMA contest is: ookhimself
Congratulations. I will send you a DM on Reddit.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: Why does your blockchain exist and what makes it unique?
A: ColossusXT exists to provide an energy-efficient method of supercomputing. ColossusXT is unique in many ways. Some coins have 1 layer of privacy. ColossusXT and the Colossus Grid will utilize 2 layers of privacy through Obfuscation Zerocoin Protocol, and I2P and these will protect users of the Colossus Grid as they utilize the grid resources. There are also Masternodes and Proof of Stake which both can contribute to reducing 51% attacks, along with instant transactions and zero-fee transactions. This protection is paramount as ColossusXT evolves into the Colossus Grid. Grid Computing will have a pivotal role throughout the world, and what this means is that users will begin to experience the Internet as a seamless computational universe. Software applications, databases, sensors, video, and audio streams-all will be reborn as services that live in cyberspace, assembling, and reassembling themselves on the fly to meet the tasks at hand. Once plugged into the grid, a desktop machine will draw computational horsepower from all the other computers on the grid.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: What is the Colossus Grid?
A: ColossusXT is an anonymous blockchain through obfuscation, along with utilization of I2P (Armis). These features will protect end-user privacy as ColossusXT evolves into the Colossus Grid. The Colossus Grid will connect devices in a peer-to-peer network enabling users and applications to rent the cycles and storage of other users’ machines. This marketplace of computing power and storage will exclusively run on COLX currency. These resources will be used to complete tasks requiring any amount of computation time and capacity, or allow end-users to store data anonymously across the COLX decentralized network. Today, such resources are supplied by entities such as centralized cloud providers which are constrained by closed networks, proprietary payment systems, and hard-coded provisioning operations. Any user ranging from a single PC owner to a large data center can share resources through Colossus Grid and get paid in COLX for their contributions. Renters of computing power or storage space, on the other hand, may do so at low prices compared to the usual market prices because they are only using resources that already exist.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: Is there any estimated date for the grid? What will set you apart from the opposition?
A: We are hoping to have something released for the community in Q4 this year. The difference between other competitors is that ColossusXT is putting consumer privacy first and we’re actively in the process of working with federal and state agencies in the United States.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: How do you plan to get people to implement the technology? At your current rate of development, when do you foresee a minimum viable product being available?
A: We have been strategically networking with businesses, and we are currently undergoing the verification process in the United States to make bids on federal and state projects. We are working on an MVP and our goal is to have at least a portion of the Colossus Grid ready by Q4 2020.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: When we can expect any use-case for COLX? A company or service that uses COLX for its activities/tasks.
A: We’re aiming for Q4 of this year to have an MVP, throughout 2021 we will be strategically making bids on federal and state contracts in the United States with a goal to expand operations exponentially.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: Are there any plans to be listed on the more prominent exchanges e.g binance, kraken?
A: Yes, we have applied to some of these exchanges that are considered Tier 1 or Tier 2 exchanges. Many of them upfront will tell you there are no fees associated with the listing, that is not entirely true most of the time. Regardless, have applied and are awaiting more responses as we move forward. Listing on these exchanges often requires that we cannot announce this information until ColossusXT is live on its platform.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: Partnerships are the norm these days in crypto world. Which partnership would you consider feasible, if any, in order to grow the Colossus Grid project?
A: The Colossus Grid is a huge undertaking both in development and business partnerships. We are moving in both these directions strategically. One of the most important partnerships is not really a partnership but approval to bid on state and federal contracts. Working with the governments around the world will be a big part of the Colossus Grid use-case.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: If the ability to annonymise coins is turned off, can CLX still be marketed as a privacy coin? Do we have a date we can start using this feature again?
A: Yes and No. It’s frustrating right now having a lack of privacy for consumers as we don’t see privacy as a feature but a right. EVERY platform online should have some levels of privacy for their consumers, especially as technology continues to evolve and bad actors continue to use your personal information for their own nefarious purposes. Obfuscation will be implemented in the coming weeks, and Armis will follow suit shortly thereafter.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: When can we expect the grid to come out?
A: We are looking at releasing an MVP towards the end of the year. Stay tuned during Q3 and Q4 as we ramp on technical and business developments.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: Can you tell the current budget for development work?
A: Much of the development work budget comes from Core team member's disposable income, we also use the self-funding treasury that Masternode owners vote on each month.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: Will cold staking be implemented somedays? I like the model of Cardano. Hope you will implement kind of Cardano staking in our wallet. I would love the easiness.
A: ColossusXT staking has been enabled since 2017. We have calculators on the website that will estimate your average staking returns and you can join numerous pools to increase your staking power within the pools. Cold staking is on our radar and will make it into the roadmap when our budget allows us.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: Which part of grid technology are you planning first to go live? Storage/RAM/CPU/GPU/all at once? Separately?
A: We will be rolling the Colossus Grid out in two phases. The first phase will be storage, and then we will roll out computing power (RAM/CPU/GPU).
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: Is Armis I2P technology in development testphase I mean, I have read something like that… If Armis goes live, will there be some kind of option in deskopt wallet to transfer anonymous or will every transaction be fully anonymous like e.g. monero?
A: We recently had a testing phase with the community earlier this year, there will be another test phase with community participants who sign up. If you’re interested in this stay tuned on our socials and apply when the next testing phase happens All transactions will be fully anonymous behind Armis.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: What programming languate is being used for developing COLX? How well this programming language do you think is more suitable for developing crypto, in comparison with other programing languages?
A: C++ is what we’re using at ColossusXT. Each crypto project is different but with what we're developing at ColossusXT. We are best suited to utilize C++.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: What is the second biggest milestone other than launching the grid network for the team. What do you think of your competition like Golem network?
A: Armis will be a big milestone, and I don’t think we go back to our Polis partnership which allows users in Europe and Mexico (they do plan to expand to the US and other countries) the ability to spend their ColossusXT (COLX) wherever Mastercard is accepted. I don’t think the Golem network is taking consumer privacy far enough, in the blockchain industry I also see a lack of drive to push adoption within the United States. This is likely due to unclear regulations right now. ColossusXT is at the forefront of these issues and we intend to lead blockchain through these somewhat murky waters.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: I don’t have a lot of knowledge about crypto-technology… but are there any risks of sensitive data-hijacks through Colx infrastructure? Will the Colx-grid be available for individuals or only larger corporations, and how would one get access to the computing power?
A: There are always risks with technology. We are doing extensive testing and more testing prior to releasing anything. Consumer privacy is apart of the foundation of what we’re building at ColossusXT and we want to ensure any and all of your personal information is secure and private. As technology evolves, we will be right here evolving with it to ensure that consumer privacy protections are always in place.
The Colossus Grid will be available to anyone with a computer. You will access it through the desktop wallet.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: Do you have any new exchange listings planned in the near future?
A: Yes, but unfortunately with these things, every day it’s not something we can often say before the exchange makes their own announcements. If you have certain exchanges that you prefer, do not be shy and tag us on Twitter letting us and the exchange know. You can also reach us everyday at all hours of the day and night on Discord and Telegram.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: Given that Colx had no ICO, are we able to ramp development efforts in case we have potential partnership deal on the table?
A: It really depends. We strategically spend every dime we spend on development. We do not like even a single penny to be waisted, so we don’t move as fast as the projects that raised millions of dollars, but we continue moving none the less. Ramping up our development is something we are working on by securing additional funding and we’re currently working on securing funding. 😊
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: How is the project development advancing? What are your plans for the next 5 years and what more can we expect from ColossusXT?
A: Our development is continuing on at a steady pace, we’re looking to ramp this up over the next year as the Colossus Grid will take much of our time but we’re excited. Over the next 5 years, you can expect the Colossus Grid to be live in all forms (storage and computing power), Armis will be released and we will share many technical details on how this consumer privacy protection rivals some of the other privacy protections in the blockchain industry. We expect to be verified and approved to work with the agencies in the United States long before then as well and will be aggressively pursuing federal contracts to utilize the computing power of the Colossus Grid. In 5 years, we plan to be a key player not just in the blockchain industry, but throughout the world. If you do not know ColossusXT now, expect to in 5 years or less.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: Users often care less about technology, but rather the value of the token. How do you manage to strike a balance between developing the technology and also improving the value of COLX? There are so many privacy coins now, all of them claiming to have better features that ColossusXT. Moving forward, what do the next 10 years look like for ColossusXT in navigating the wave of privacy projects coming. How can ColossusXT continue to shine in the midst of seemingly legit projects that have come to challenge ColossusXT like mimblewimble projects and Monero, Zcoin, ect.?

A: The Colossus Grid and Masternodes will have a strong relationship with each other. When the Colossus Grid goes live we expect the masternode demand to continue to rise. Masternodes are a great incentive mechanism to increase network strength and will play an important role within the Colossus Grid. The more masternodes online, the less available coins in the circulating supply; which we expect will eventually reflect ColossusXT (COLX) coin value.
Over the next 10 years, ColossusXT (COLX) will solidify itself as a key player in the blockchain industry, and outside the blockchain industry. Following our strategic business plans, we intend to be one of the first, if not the first to truly bring government and other businesses into the blockchain industry through the Colossus Grid. Armis will be our defining privacy feature, which we expect in time will begin to be adopted by other projects. --------------------------------------------------------------------------------------------------------------------------------------------------
Q: How have the number of Masternodes (MNs) increased/decreased over time/in the past few years? What proportion (%) of MNs actively take part in Governance? How do you see the number of MNs increasing/decreasing in the next couple of years? Is there a trend upwards or downwards?
Is there a specific number (or range) of MNs the team would like to attain ideally? Is it better to have as many MNs as possible or is there a point at which too many MNs start to have an adverse effect on the performance of the blockchain?
Hope this wasn’t too many questions in one :), Ahmed

A: The number of masternodes in the active network is more or less the same, fluctuating around 200-220. About 40% - 50% of masternodes participate actively in governance (see https://governance.colossusxt.io). We expect a number of masternodes to grow as they will have additional benefits with Colossus Grid (see business plan: http://bit.ly/COLXBPLive).
As the team had no premines, only the dev fund can be used for masternodes which is hard to maintain due to actual budget flow. It’s better to have as many masternodes as possible for the network, there is no adverse effect.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: Of all the milestones that $COLX has achieved since your humble beginnings, which do you consider to be the best of it all? What achievements do you feel proud most?
A: It’s often not mentioned but I’m very proud of our partnership with PolisPay, which allows ColossusXT community members to purchase Amazon, Spotify, and other gift cards with ColossusXT (COLX) through the Polis platform. You are also able to spend your COLX anywhere Mastercard is accepted, the card is available only for EU citizens right now and the Polis team hopes to bring in other countries in the future.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: There are problems that can slow down the course of a project such as the emergence of globalization, given the tighter budget, shorter implementation time requirements. My question is, How does $COLX resolve the issue?

A: Given the current situations around the world the Colossus Grid has more value than it ever has, and that value will continue to grow once we have released the Colossus Grid for consumers to share and utilize resources. You can already see from the [email protected] initiative that people are eager to share their computing resources to help researchers simulate different COVID19 simulations. We’ve always worked on a very small budget at ColossusXT starting with 0$ in funding and no pre-mine or ICO/IEO. This project was built for the community by the community, and as of lately we’ve actually been ramping up our business strategies and developments. Since we have all already worked remotely before the COVID19 pandemic, it interestingly allowed us more time to focus and achieve these goals as our day jobs allowed us to spend more time on ColossusXT.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: How will you fight with regulators who are trying to stop privacy coins?

A: We have an amazing legal team at ColossusXT, and they are on top of any new law or regulation that comes out. We’re not afraid of regulators and our legal team makes sure that everything we do for ColossusXT is law-abiding. It's time the world stops looking at privacy as a feature and as a right, especially when you read about different applications and platforms using your personal DATA for their benefit. ColossusXT will continue to push this, and we're prepared to lobby this to lawmakers. --------------------------------------------------------------------------------------------------------------------------------------------------
Q: What type of utilities can $COLX give to users over its competitors like GOLM (computation) or STORJ (Data)?

A: The Colossus Grid has some major differences between Golem and Storj. One we’re a privacy-focused project. If you take a look at many of these applications and platforms today, in some way or another you’re giving up personal information, and/or geographic information. ColossusXT is focused on protecting consumer information, we do not look at privacy as a feature, we see privacy as a right, especially in the tech world today.
The second part of this question is that we’re currently in the verification process of registering with the United States federal and state governments so that we can legally bid on federal and state projects and work with different agencies. This will ensure that as the community members are sharing their idle resources, large corporations and businesses are using it. I’m not aware of the mentioned projects being registered in the United States or taking steps to work with the United States government.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: How will computing power and storage sharing look like, for an average user (marketplace, program download)? What are you currently working on, when can we expect MVP? TY
A: The marketplace and Colossus Grid will be inside the ColossusXT desktop wallet that you currently have now. The UI/UX will change some to allow the additional settings and tabs that will become available and we’re preparing an MVP right now and we hope to share those details with you over the next few months, ask us again in the Q3 AMA if you haven’t seen anything yet :)
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: What would you say is the $COLX killer feature that sets it apart from the rest of the competition.
A: We believe that Armis is our killer feature. We recently had a beta this year with the community and will be moving forward later this year with Armis. ColossusXT consumers will have their geographic location and IP fully hidden behind the Armis layer for further security and anonymity for the transactions which will also take place in the Colossus Grid resource marketplace in the future.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: I have been a silent follower of $COLX and I must say that I'm truly impressed with how the team has been diligently working on the project. It'd be nice to have the community be part of something like a bounty or a social awareness contest. As this will not only attract more users to the platform but would also strengthen the bond within the community. When can we possibly expect a community project of this level? #spreadthegrid
A: We currently have a Gleam competition ongoing for social awareness, and we just hired a community manager to spread more community awareness and will be rolling on competitions more regularly. Every quarter we have an AMA on Reddit for the community to ask questions, or just gripe at us, and one person each quarter is awarded 100,000 COLX for participating in the AMA. As we deliver our targets and grow, we will shift more funds from development funds to marketing funds to raise further awareness.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: "Our main competitor is crypto adoption. We are all here to make it happen together.", this is quoted from a founder of a known crypto wallet. Do you see competition as something that strengthens the project as a whole or as a possible distraction due to pressure to be at the top of the crypto ecosystem?

A: This is a two scenario situation. Competition is good for ColossusXT, and we look at our main competitor in blockchain as Golem (GNT), having said that though too much competition or sometimes maximalist behavior isn’t good for crypto, many of these projects should be coming together to lobby lawmakers for laws and regulations that are good for the blockchain industry, as this is still an emerging market and the laws and regulations aren’t exactly in place at this time.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: "For people to believe in crypto, they need to understand the tangible benefits it offers to our society.", a remark made by a crypto project in the past. What exactly would be $COLX real life global benefits? And how do you plan on achieving this?
A: ColossusXT vision will be achievable when the Colossus Grid is released. We are currently in the process of registering with state and federal agencies in the United States, once we are registered to work with these agencies we will pursue contracts with the government, cybersecurity firms and colleges all around the United States, and the world to utilize the resources on the Colossus Grid. We’ve already started building business relationships for this very purpose.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: According to you how much time will it take for $COLX to get into mainstream adoption and execute all the plans set for this project?
A: It’s almost impossible to set a timeline on when the world/people will begin to adopt ColossusXT (COLX) and the Colossus Grid. We don’t believe that adoption for ColossusXT will happen before the Colossus Grid is live, and if I gave you an exact timeline for when or how long it will take you for the Colossus Grid to be adopted I would be lying to you, but we are already forming business relationships and making strategic moves to be able to bid, and work with state and federal agencies in the United States.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: Does Tokens.net plan any kind of staking ($COLX or other coins)?
A: We will reach out to the tokens.net team and see if they have any plans to allow staking.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: How will you try to boost adoption of #COLX, how do you think you will motivate programmers to join opensource project?
A: The Colossus Grid will be available for anyone to use, or share their idle resources for other consumers to use. We will be focusing on providing these resources to state and federal governments, cybersecurity firms, and researchers all across the world. Certainly, we expect some community members to use these resources to mine different PoW cryptocurrencies, but the team at ColossusXT will be focused on bringing in large colleges and universities as well as big cybersecurity businesses that may need supercomputing power at 1/10th of the current prices. Our programmers are our only paid team members, and we pay them at a competitive rate. We’re looking to bring in some more programmers later this year.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: Do you have any special development funds for programmers?
A: Sometimes we pay our programmers out of our own pocket, sometimes we pay them in ColossusXT. It really depends on what kind of agreements have been made. We have been aggressively pursuing different funding opportunities throughout 2020 so that we can expand our development team and in the future, we may have incentives to drive programmers into joining our team. Right now we just stick to a competitive pay scale within the industry.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: Why Android Wallet Revision hasn't been done? Any problems?
A: The Android wallet revision took some time to be approved in the Google Playstore, but it has been released and live since June 15, 2020.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: Whats the second biggest milestone other than the grid network for COLX team?
A: Armis is likely to be considered our second biggest milestone this year, although as I mentioned above this can easily be overshadowed by our Polis partnership which allows you to spend ColossusXT (COLX) anywhere Mastercard is accepted. Although the epay debit card ownership is currently restricted to certain countries (EU zone only), these restrictions will lift in time.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: How is COLX team going to contribute to crypto adoption, other than building a robust network?
A: We’re already in the process of verification to work with state and federal agencies. Adoption for blockchain projects isn’t going to move fast. I read a report just a few days ago about how scammers in the crypto industry stole over 2 million dollars worth of crypto just from the “Elon Musk” impersonations on Twitter.
We will continue to build our network, and seek out state and federal agencies as well as private cybersecurity firms that can utilize the Colossus Grid, we’re not just focused on making noise on social media, we intend to make noise throughout the entire world.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: Are their industry partners to COLX that are awaiting your network to go live?
A: Yes, although I hesitate to go into too much detail here. We are talking with business leaders.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: The ongoing crisis affected the market badly, making many projects far from their targets. What is $COLX strategy in order to survive and pass through this crisis?
A: I agree it affected the market badly, especially the projects that raised hundreds of millions of dollars in crypto and held it through the entire market correction. ColossusXT strategy is different from those affected, we’ve always had a smaller budget than these large projects. We spend the money we have available very wisely, and we’re not in a hurry to grab something that sounds good without doing our due diligence. We make our moves very strategically.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: I gotta ask, what made $COLX decide to get listed on Tokens.net? What beneficial advantage does $COLX get in doing so? How about Tokens.net?
A: Tokens.Net is one of the best exchanges ColossusXT is listed at the moment in comparison to others in terms of volume.
  1. Tokens.net is one of the most secure and transparent exchanges out there, registered in the UK.
  2. The team behind the exchange has deep roots in the crypto/blockchain space, it was co-founded by Damian Merlak, a crypto-pioneer and co-founder of Bitstamp.
  3. Tokens.net provides free auto-trading tool / Market Making Bot. Their Dynamic Trading Rights concept adds transparency to trading volumes.
  4. They allow the community voting option of only truly decentralized projects after a thorough screening.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: Hey everyone! What is the main purpose of the coin $COLX, does it have its own chain or is it some sort of an ERC-20 token? Thank you for the answers.
A: ColossusXT has never been an ERC-20 coin. We have been operating on our own mainnet since 2017. The purpose of ColossusXT (COLX) is to be the native currency of the Colossus Grid. This will allow users to share their idle resources on their computers, and consumers will rent/buy those resources to complete whatever they intend to use them for, from processing large DATA to running scientific simulations, to even mining PoW cryptocurrencies.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: When we can expect any usecase for COLX? A company or service that uses colx for its activities / tasks.
A: There are currently use cases now if your location allows you to utilize the Polis Pay app, or if you have a Polis Pay card you can buy things with ColossusXT (COLX). I myself have tested the card buying gas at a gas station. These are not ColossusXT’s primary focus though and much of our use case will not start until the Colossus Grid is live.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: What pairs will colx have to trade with on tokens.net // Will you connect #COLX with USDT EURS or BTC?
A: ColossusXT will be initially paired with Bitcoin (BTC). If the community would like different pairs, they can certainly request them and we will reach out to tokens.net and work to facilitate requests.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: Will you try to convince users to trade on tokens.net if so how will you do it?
A: There is currently a gleam competition for users to sign up and trade on tokens.net. We “shill” tokens.net accordingly through social media to the ColossusXT community, but can’t really convince anyone to use a certain exchange, although we will try to push as many members to tokens.net as we can. We have many masternode holders who reside in the United States and they are not yet allowed to trade on tokens.net.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: How will you try to create liquidity for your pairs?
A: We would like to increase the adoption rate with real-world partnerships such as our partnership with PolisPay for the use of gift/debit cards. As the liquidity is linked with the use cases, supply/demand mechanics, we are also preparing to provide additional use cases of COLX for the crypto world in an innovative & pioneering way; for the time being, we can hint this as a side business till we deliver fully operational Colossus Grid.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: How big is a development team of #COLX?
A: The ColossusXT team is probably bigger than some people realize, partly because many of the team members are very private. We have 9 core members, 2 in-house developers, 3 Colossus Grid architects, and 2 Colossus Grid developers.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: Do you have some security guys in the team?
A: Yes, although I’m hesitant to share too many personal details about team members. We have core team members who have been working in different fields of IT security for several years.
--------------------------------------------------------------------------------------------------------------------------------------------------
Q: Since #COLX is planning on having some sort of a marketplace where you can take advantage of computing resources and the blockchain as well, are there any plans on introducing smart contracts? Will it help the grid? Is there a place for it?
A: This has been mentioned a few times in the past so it’s something on our radar, it’s currently not in the development timeline as the Colossus Grid is a massive amount of work. There may be a place for it as the blockchain industry evolves, and I can certainly see some cases where a smart contract can add some value to the Colossus Grid.
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Important Information:
Website
Whitepaper
Roadmap
Business Plan
Wiki
Governance
Partners
GitHub
What is ColossusXT? (YouTube)
---------------------------------------------------------------------------------
Follow ColossusXT on:
Twitter
Facebook
Telegram
Discord
Forums
---------------------------------------------------------------------------------
AMA History:
2018 Q1 2018 Q2 2018 Q3 2018 Q4
2019 Q1 2019 Q2 2019 Q3 2019 Q4
2020 Q1
submitted by PioyPioyPioy to ColossuscoinX [link] [comments]

Cryptocurrency regulations of the future

Will China/USA/Europe ban the use of Bitcoin and traditional cryptocurrencies (including privacy coins) after they introduce their own state-controlled Central Bank Digital Currencies? Will they use fear, fake news of crime to justify this? They want to control money, they want data.
Will they first cripple these currencies by regulating the shit out of them, assigning different value to coins people they don't like owed at some point? Regulations already started, everyone owning crypto is deanonymized, exchange is heavily controlled, centralized exchanges steal money from people they don't like by "freezing" their accounts.
If big cuntries ban real cryptocurrencies, when 25%/50%/75% of all users loose access, how will that fuck with the price?
Will people use decentralized networks -- like Tor and I2P -- to have access to crypto? China already bans Tor, and makes it almost impossible to access the network. Hardware and software spies on all of us. China banned the real internet, now Russia wants to follow. Australia tries to ban cryptography, now USA wants to follow, again. What will we do when other cuntries start banning privacy networks?
Support decentralization, support free software. Don't let propaganda influence you, don't accept regulations.
-gen_server | post signed | pgp:F778933194DC122F8AD860FE3258E0996EC21CBD |
submitted by gen_server to CryptoCurrency [link] [comments]

The Best Privacy Coins Today: A Comparison

A little-known fact about cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash, and others, is that, contrary to popular belief, they aren't anonymous. Perhaps the belief that they are anonymous persists because rather than using real names in transactions, crypto transactions such as sending bitcoin from one wallet to another only require a string of text and numbers known as public addresses.
Public addresses, however, are pseudonymous, and still provide anyone with the sophistication and resources the ability to track down the personal details of the actors within an exchange. Within the last year, several well-known and popular figures within the cryptocurrency industry have had their identities and funds compromised, with millions of dollars lost.
Pseudonymity is not Anonymity
Just because your name, birthdate, and geographic location are not apparently tied to your cryptocurrency wallet doesn't mean that they can't be found out using your public address alone. The reason for this is simple: blockchain analysis. What is blockchain analysis? There are two forms of it; one is simple, the other much more sophisticated.
The simple version of blockchain analysis is one that anyone with access to the internet can perform. On any block explorer, whether it's for Bitcoin, Qtum, Neo, Ethereum, or Icon, you will find a search field into which any wallet address can be looked up. If you input your own public address, you will see the entire history of your financial activity on the blockchain laid bare. Who you've sent to, who you've received from, and what you own on the blockchain are all part of the public domain of blockchain information that is viewable by the world. If you're thinking that it's not a problem since you've got your public address shielding your real identity, then think again.
The sophisticated method of blockchain analysis aims to make connections and uncover a logic between different entities on blockchains. Essentially, this type of blockchain analysis views blockchains as massive Sudoku puzzles -- and with enough computer power and effective enough algorithms, patterns can be easily found on blockchains that lead hackers, blockchain analysis startups working for government organizations, and others straight to your actual identity.
Consider the way you entered into the cryptocurrency market in the first place. You had to buy bitcoin using Coinbase, Kraken, Bithumb, or another exchange with a fiat to crypto gateway. Doing so required your personal and bank details owing to the fact that regulated exchanges must comply with KYC (know-your-customer) and AML (anti-money-laundering) laws. After entering all of the required personal information, the exchange set about to confirm your details by sharing them with other third-party KYC organizations.
Finally, your documents and details were verified, allowing the chance to enter the market. After your you bought bitcoin, the natural thing to do was send it away from the exchange wallet and into your own software or hardware wallet. Then, perhaps you sent some bitcoin to Binance in order to buy a cryptocurrency asset such as ethereum. After purchasing ETH, perhaps you sent it back to your wallet before using it to participate in an ICO. This entire web of financial activity may seem disconnected and hard to trace, yet to a powerful enough blockchain analysis engine tracing all the way back to your initial exchange of purchase would have no problem at all uncovering your IP address and, eventually, your identity.
Using Anonymity to Protect your Digital Assets
The above scenario is in large part why privacy tokens such as Apollo Currency, Monero, Verge, and Dash have found popularity and value within cryptocurrency markets. Essentially, users are looking for a cryptocurrency asset which gives them the private, financial autonomy blockchain seemed to promise in its early days without being exposed to the possibility of being hacked, monitored, or otherwise controlled by outside parties.
Which Are the Best Coin for Anonymity?
The top contenders in the cryptocurrency marketplace for taking best privacy coin honors are Monero, Verge, and Dash, and Apollo Currency. Despite having some similarities, they are all in fact quite different. After the comparison, we'll share the reasons why three of these coins fail to provide adequate privacy while only one of them provides true anonymity and more.
Dash
Dash is a digital currency and payment network that places its privacy feature as an option rather than as the main feature. For this alone, it is already on the backfoot. Rather than have privacy built into every transaction as a standard, the Dash development team instead opted to give users the option to make transactions private using a feature called PrivateSend.
Despite having started out as Darkcoin, Dash changed paths and began focusing on mass-adoption and placed it's anonymity features to the side. As such, there are concerns around the centralization of Dash masternodes which are largely hosted by cloud AWS services leading to legitimate worry that government agencies could one day demand, and have access to, transaction logs.
Beyond this, Dash does not feature stealth addresses, encrypted messaging, IP masking, or a secure form of coin shuffling. Dash relies on CoinJoin for its PrivateSend feature which requires users to negotiate with each other during the transaction process.
Monero
Monero has the largest reputation when it comes to anonymous cryptocurrency. Apart from enjoying wide adoption and a stellar market capitalization, Monero is open-source and uses a proof-of-work algorithm for consensus along with RingCT signatures for privacy.
In sharp contrast to Dash, Monero is not a privacy-optional coin. Every transaction uses RingCT (confidential-transactions) to hide the sources of transactions in a given set. In theory, this should shield every transaction with anonymity, yet in practice, quite the opposite has been found. Researchers from MIT published a report titled "An Empirical Analysis of Traceability in the Monero Blockchain" wherein they revealed that they were able to trace 80% of Monero transactions prior to the integration of RingCT and 45% of transactions after its integration.
Beyond this, Monero lacks an encrypted messaging platform, does not mask IP addresses, does not function as a bitcoin mixer, and its proof-of-work consensus algorithm has significant negative effects on the environment.
Verge
Verge deserves a mention if only because of its bold claims. Prior to their Wraith update, Verge developers claimed that they would use Tor and I2P networks to anonymize user IP addresses. Unfortunately, not long after the Wraith update was announced, it appeared that Tor had not been integrated at all and several cryptocurrency whistleblower websites were able to track IP addresses involved in Verge transactions.
Initially called DogeCoinDark, Verge also uses two ledgers -- a private and a public ledger. This is to allow users the option of switching between ledgers depending on the type of transaction made and the level of disclosure the user prefers for that transaction. Like Monero, Verge lacks a coin shuffling function, claims to mask IP addresses but fails in practice, does not offer an alias system (meaning users can not encrypt text), and relies on a slow proof-of-work algorithm for consensus.
Apollo Currency
Apollo Currency picks up where privacy coins prior to it have left off and then goes several leaps further. Rather than offer a cut-rate privacy coin, Apollo has taken the strengths of other privacy coins and made them stronger, while also containing what they lack -- namely, real anonymity and financial freedom on the blockchain.
Apollo's Olympus Protocol ushers forth a new paradigm of anonymous transactions using a host of innovations. IP masking via Tor will allow for untraceable transactions directly from the Apollo wallet without the risk of having a compromised IP address somewhere down the line. Apollo also features coin-shuffling which, like bitcoin mixing, is a process for coin anonymization that makes shuffled coins resistant to tracing and blockchain analysis.
The way this works is simple - Apollo users simply send their coins through the shuffling mechanism which then pools user coins together, mixes them, then sends each user their specified amount of coins back from different sources than they started with. The result is complete anonymity and a break in the connection between sending and receiving addresses.
Apollo's encrypted messaging platform furthers the total anonymity offered by the currency. Users can communicate and transfer files without a trace, all the while having their IP addresses masked by Olympus Protocol.
Conclusion
Until Monero and Verge clear up the allegations made by researchers from MIT and other institutions that users are vulnerable to having their IP addresses exposed, I would steer clear of them. Dash and Apollo Currency are proven and both offer coin shuffling which is a real, proven coin anonymization technique that offers the best of privacy.
As always, it's best to DYOR (do your own research).
submitted by stardawg777 to CryptoCurrency [link] [comments]

ColossusXT Q1 2019 AMA Ends!

Thank you for being a part of the ColossusXT Reddit AMA! Below we will summarize the questions and answers. The team responded to 22 questions! If your question was not included, it may have been answered in a previous question or AMA. The ColossusXT team will do a Reddit AMA at the end of every quarter.
We do have a question. Should we change the two examples that we have used for the past year, or should we continue to use those?
----------------------------------------------------------------------------------------------------------
The winner of the Q4 AMA Contest is: Gettyspurgu
You will receive a message from me shortly for a deposit address.
Thank you to everyone who participated.
----------------------------------------------------------------------------------------------------------
Q: Why does your blockchain exist and what makes it unique?
----------------------------------------------------------------------------------------------------------
A: ColossusXT exists to provide an energy efficient method of supercomputing. ColossusXT is unique in many ways. Some coins have 1 layer of privacy. ColossusXT and the Colossus Grid will utilize 2 layers of privacy through Obfuscation Zerocoin Protocol, and I2P and these will protect users of the Colossus Grid as they utilize grid resources. There are also Masternodes and Proof of Stake which both can contribute to reducing 51% attacks, along with instant transactions and zero-fee transactions. This protection is paramount as ColossusXT evolves into the Colossus Grid. Grid Computing will have a pivotal role throughout the world, and what this means is that users will begin to experience the Internet as a seamless computational universe. Software applications, databases, sensors, video and audio streams-all will be reborn as services that live in cyberspace, assembling and reassembling themselves on the fly to meet the tasks at hand. Once plugged into the grid, a desktop machine will draw computational horsepower from all the other computers on the grid.
------------------------------------------------------
Q: What is the Colossus Grid?
------------------------------------------------------
A: ColossusXT is an anonymous blockchain through obfuscation. Zerocoin Protocol, along with utilization of Armis (I2P). These features will protect end user privacy as ColossusXT evolves into the Colossus Grid. The Colossus Grid will connect devices in a peer-to-peer network enabling users and applications to rent the cycles and storage of other users’ machines. This marketplace of computing power and storage will exclusively run on COLX currency. These resources will be used to complete tasks requiring any amount of computation time and capacity, or allow end users to store data anonymously across the COLX decentralized network. Today, such resources are supplied by entities such as centralized cloud providers which are constrained by closed networks, proprietary payment systems, and hard-coded provisioning operations. Any user ranging from a single PC owner to a large data center can share resources through Colossus Grid and get paid in COLX for their contributions. Renters of computing power or storage space, on the other hand, may do so at low prices compared to the usual market prices because they are only using resources that already exist.

----------------------------------------------------------------------------------------------------------
Q: Could you give me 3 points where COLX exceeds other crypto and 1/2 point where you think COLX lacks behind or could do better. (Pardon me if my English is not perfect)
----------------------------------------------------------------------------------------------------------
A: Sure.
Exceeds:
  1. Community Service and Support – ColossusXT provides 24/7 support in our Discord Server
  2. Dedication – The ColossusXT team holds quarterly AMA’s and look forward to community questions and feedback. We are active daily in Discord to address ANY concerns or questions.
  3. ColossusXT is building a product, rather than hyping up a nonexistent product.
Lacks:
  1. Marketing – As above, we are well aware that our marketing presence is not as active or strong as many of these other projects. I believe that many of these projects will die off, and the only thing keeping them alive is their marketing. They have stopped building, ColossusXT is very goal and task oriented. Marketing is intended to pick up as we get closer to the Colossus Grid going live.

----------------------------------------------------------------------------------------------------------
Q: Hi
My question to the ColossusXT team :
Can you tell us more clearly about the environmentally conscious cryptocurrency. In what way is it environmentally conscious
----------------------------------------------------------------------------------------------------------
A: You use less energy to mine Proof of Stake blockchains than you do with Proof of Work blockchains. As the Colossus Grid comes online, the computing power that you can rent cycles from, and the decentralized storage will also be at competitive pricing with current systems.

----------------------------------------------------------------------------------------------------------
Q: What is colx doing different from the hundreds of other low market cap coins to rise up and be a player in this saturated market?
----------------------------------------------------------------------------------------------------------
A: ColossusXT’s greater purpose is the Colossus Grid. Please take some time to check out our whitepaper, there is also some sample descriptions of ColossusXT and the Colossus Grid in the first post of this AMA.

----------------------------------------------------------------------------------------------------------
Q: What projects are the COLX team working on in order to promote/achieve mass adoption and usage?
----------------------------------------------------------------------------------------------------------
A: It's difficult to announce anything before the processes are finalized. We have some strategic marketing plans in place for the Colossus Grid that will bring a significant amount more visibility to the Colossus Grid and ColossusXT. I really don't like answering questions by saying I cannot share this information, but in this case; I do apologize.

----------------------------------------------------------------------------------------------------------
Q: How does COLX in its current state and development lend itself to grid computing? For example, why fork from PIVX to make a grid computing coin?
----------------------------------------------------------------------------------------------------------
A: We forked from PIVX because each team member values privacy as a right, and our community is built around thousands of individuals who believe in your right to privacy, and want to make the world a better place by reducing energy consumption and allow access to supercomputing power to any researching, business, or person in the world.

----------------------------------------------------------------------------------------------------------
Q: Hey team! Just wondering COLX initially intended to make their own payment method if I recall correctly. Is the plan to just use these third party cards or are we eventually going to implement our own. I feel like this may bring great value to the project for us being less dependent on other companies. Cheers!
----------------------------------------------------------------------------------------------------------
A: We are currently focusing much of our development funding and time towards the Colossus Grid, we may have more time to focus on this in the future. Currently we have integrated with Polis and Plaak cards in the meantime. We also intend to make fiat purchases available in wallet and will be available on an exchange in the coming weeks.

----------------------------------------------------------------------------------------------------------
Q: As a ColX investor I would like to ask the critical question, why would any online or real store accept colX over many other crypto currencies, that are either more established or more well known.
Can you answer me this as reflective and honest as possible?
----------------------------------------------------------------------------------------------------------
A: Many of these larger projects have also completed large ICO’s. What will make ColossusXT stand out is the level of development we will continue to push and the continued relationships and partnerships we form that will have a meaningful impact on the Colossus Grid; Having no ICO and no premine ColossusXT may seem like a small marketcap coin to many investors, and in a statistical standpoint it certainly is, but at one point those competing projects were not established, and they were not well known. We are here to build the Colossus Grid network, and continue to improve on that network for years to come.

----------------------------------------------------------------------------------------------------------
Q: Do you think there’s any merit in considering a name change, perhaps coupled with a brand re-launch? “ColussusXT” is rather a mouthful!
----------------------------------------------------------------------------------------------------------
A: We have this question come up every AMA I think, and we have given it some serious discussion. It is certainly possible, about a year ago we rebranded from ColossusCoinXT to ColossusXT.

----------------------------------------------------------------------------------------------------------
Q: COLX is quite far in its development now. With that in mind, can the team give us any details as to the architecture for the Colossus Grid? What are its specifications, for example?
----------------------------------------------------------------------------------------------------------
A: A detailed business plan for the Colossus Grid will be revealed soon. The technical details are being worked in a private repo until Beta. Prior to Beta launch when we have all of our ducks in a row. We will release technical details and create a branch in GitHub.

----------------------------------------------------------------------------------------------------------
Q: the daily volume is sometimes below 1k usd, that really is pretty much nothing. how soon can we expect a listing at a "bigger" exchange like for example kucoin?
----------------------------------------------------------------------------------------------------------
A: Listing with some of the larger exchanges requested by the community requires some legal documents that we needed to procure and compliance regulations within the United States. We have acquired them this week thanks to our amazing legal team, and we hope to offer some more exciting exchange opportunities to the ColossusXT community very soon.

----------------------------------------------------------------------------------------------------------
Q: Also are you guys planning to decrease roi on the masternodes and stakingas it is still quite high to seem realistic
----------------------------------------------------------------------------------------------------------
A: We have one of the lowest of the crypto projects. About the time you wrote this question there was a bug in the masternode tracker, and it has since been fixed. Please let me know if this was your concern when you have some time. Thank you

----------------------------------------------------------------------------------------------------------
Q: If you have no money, where will you get it to develop the project? Public recognition will not push the token up if the team has no money for its development. Society recognizes that cryptocurrency, which in a short time achieves great results. And with the help of one enthusiasm, you will not achieve much in any economic sector.
----------------------------------------------------------------------------------------------------------
A: I think there may be some confusion here. We don’t have 0$ funding. We use our own income, the dev fund, and the community crowdfunds for certain opportunities. We have limited funding, which basically means we thoroughly double check everything before spending a dime, we use much of our funding for development of the Colossus Grid.

----------------------------------------------------------------------------------------------------------
Q: Where do you see ColossusXT 10 years from now?
----------------------------------------------------------------------------------------------------------
A: In 10 years I see ColossusXT as a leader in supercomputing and distributed storage industries. ColossusXT will bring cheaper, and more efficient methods of storing and computing, drastically reducing cost and energy consumption to process and store big DATA. "Why our blockchain exists?" takes this further for you; As the Colossus Grid network grows, the strength of it's computing power will grow. Hopefully in 10 years we have cheaper supercomputing power that has helped colleges and researches further their dream of solving problems, answering the difficult question; Skynet does creep into the back of my head from time to time though. ;)

----------------------------------------------------------------------------------------------------------
Q: Will to be possible to bridge a Enterprise Resource Planning (ERP) or SAP like system to provide corporate solution not only for recording business transaction but also to protect Corporations data using COLX protocal?
----------------------------------------------------------------------------------------------------------
A: Colossus Grid will be able to be used either in individual or in corporate level. Depending on the need, corporations can utilize Colx coins to buy storage and make their data protected over Grid instead of depending on servers if relevant.

----------------------------------------------------------------------------------------------------------
Q: After the incident of fake stake attack how do you guarantee the security of chain-based Pos? I mean how you improve the security to prevent or not to happen it again? As you mention that colx is alternative to bitcoin. Is there a possible of mass adoption to colx like bitcoin(btc past 10 years)? If yes. How could it be?
----------------------------------------------------------------------------------------------------------
A: Yes. The Fake Staking bug did not affect your coins, it would cause your wallet to crash for the most part. We are currently doing a massive codebase upgrade, to fine tune and continue to scale our technology and security with technology as it changes.
Certainly mass adoption is possible, but as Bitcoin is not building a network for distributed computing power and storage, we still have some work to do for mass adoption.

----------------------------------------------------------------------------------------------------------
Q: Remote activation is possible for masternodes and it is much safer. Is there already a blockchain technology to do that for staking? If not, is it possible to invent it and apply it in COLX?
----------------------------------------------------------------------------------------------------------
A: There is currently no roadmap item to enable remote activation or offline storage for staking wallets. As a community-based project COLX does honor feature requests when the community demand justifies the cost of implementation or when the community is able to directly fund the change, however, we have not seen any demand for remote staking activation thus far. If this becomes a more common request, we could definitely consider using our monetary resources to add that to the COLX featureset.

----------------------------------------------------------------------------------------------------------
Q: How many Funds do you have left to keep the project running if the bear stays a year longer?
In other words: How safe is my money in colx Tokens?
I dont have a problem to hold them for many years. But I have a problem if you're going to quit the project before the bull returns :-P
----------------------------------------------------------------------------------------------------------
A: ColossusXT was initially built with team funding, to us; it is very important that we complete the Colossus Grid not only for the ColossusXT community, but to show the entire blockchain industry that you do not need an ICO, or a premine to create something great. The Colossus Grid will allow any user to rent or share computing power or storage across the ColossusXT decentralized network. Now we continue to work with funding contributions directly from core team members, we are also utilizing masternode governance that has also increased our funding since ColossusXT was initially launched and several community crowdfunds have been successfully completed. The bear market could continue, and ColossusXT will continue building and optimising the ColossusXT network and the Colossus Grid. We have set out with a mission, and we fully intend to complete our mission of bringing cheap and efficient computing power to anyone in the world.

----------------------------------------------------------------------------------------------------------
Q: How many active developers does COLX have?
----------------------------------------------------------------------------------------------------------
A: 5 active developers are currently apart of the ColossusXT team. We do intend to grow our team with more developers who are passionate about grid computing, creative and willing to break boundaries.

----------------------------------------------------------------------------------------------------------
Q: What are the prerequisites for a system to join Colossus Grid for sharing computing power and storage space?
----------------------------------------------------------------------------------------------------------
A: These details will be released prior to Beta invitations being sent out. There is much that will change between Alpha and Beta.

----------------------------------------------------------------------------------------------------------
Q: Are there any plans to actively promote growth of open source contributions towards ColossusXT core or peripherals?
----------------------------------------------------------------------------------------------------------
A: All COLX development is open source and available on GitHUB. COLX is a community-based project and we encourage talented developers who wish to contribute to contact to the team to see how they can best contribute. The COLX development team is currently focusing on delivering our core applications in a timely manner as outlined in the roadmap. As that work nears completion, we will be looking to expand the team and the COLX product into a variety of peripheral use cases.

----------------------------------------------------------------------------------------------------------
Q: What are your thoughts as to why trade satoshi is delisting COLX?
----------------------------------------------------------------------------------------------------------
A: Tradesatoshi is delisting COLX, along with several other coins, due to their new volume policy. After being listed on Cryptopia last year, most of the COLX volume had departed Tradesatoshi. While it would be nice to have COLX still listed on Tradesatoshi, it likely would lose any potential volume once Cryptopia fully reopens with deposits/withdrawals. The team is committed to applying for larger and better exchanges to help increase volume and the availability to larger numbers of investors. Please keep in mind that the current deadline to transfer any remaining coins from Tradesatoshi is April 15th.

----------------------------------------------------------------------------------------------------------
Q: Hey guys, first of all, great job on the recent addition to Binance Info's transparency initiative. Keep up the great work!
In thinking about potential markets for grid computing, one area that I and many other crypto enthusiasts and miners are already familiar with is hashrate clearing houses like Nicehash. Nicehash is a great service but, just like a centralized crypto exchange, requires trusting a centralized point of failure in order to function. As we've seen in the past, this can lead to issues.
With all that said, it would be great if, in the future, mining hashpower could be bought and sold through a grid computing marketplace in a way that is decentralized, private and trustless. I was wondering if the team had given any thought to a pilot test of the upcoming grid by integrating well known open source mining software as a working platform for compute power buyers and sellers.
I think doing this would have two key advantages:
1. Crypto miners are generally familiar with the process of holding and moving around smaller cap altcoins with their native wallets and may not have an issue buying or selling COLX to complete grid transactions, so in a lot of ways these kinds of folks are ideal candidates to be the first users of the COLX Grid; and
2. If miners come on board in a meaningful way, it may help establish some buying and selling volume for COLX as contracts are bought and sold. This is obviously important for future price stability.
I know that's a lot, but I figured this was a good place to ask and I'd love to know the team's thoughts on this. Thanks for your time and once again, keep it up!
----------------------------------------------------------------------------------------------------------
A: Yes, we have discussed this previously as a team. It is possible that some of the computing power being rented on the decentralized marketplace is being used to mine other cryptocurrencies. While this is not initially the intended purpose for using computing power on the Colossus Grid. It certainly is thinking outside the box, and I’m eager to read some of the future results from community members who do use it for this purpose.

Important Information:

Website
Whitepaper
Roadmap
GitHub
Wiki
Governance
Partners

Follow ColossusXT on:

Twitter
Facebook
Telegram
Discord
Forums
Interested in joining the ColossusXT team?
Contribute an Idea!

AMA History:

2018 Q1
2018 Q2
2018 Q3
2018 Q4
submitted by PioyPioyPioy to ColossuscoinX [link] [comments]

Build Bitcoin Bot with Gekko and Research Coins on Binance - How To BITCOIN REVERSAL OR RETRACEMENT ? BINANCE BLOCKS WITHDRAWAL  PRIVACY IMPORTANT ? $2000 Profit In 3 Days Trading Crypto On Binance [URGENT] Top 3 BEST Binance US Alternatives For US Citizens Binance VISA Worldwide Card; TOP Crypto Cities in the US; Bitcoin Miners Selling Snapshot of What is Bitcoin by Binance.US #KBC #BINANCE #ETHERSCAN #COINMARKETCAP Top 20 coin How to SHORT or LONG Bitcoin with Leverage  BINANCE FUTURES TUTORIAL  EXPLAINED for Beginners Coinbase eine Bitcoin-Auszahlung Ted Lin - Binance:

Bitcoin has rebounded this week, climbing along with gold and other safe-havens as major markets struggle. However, one major cryptocurrency has outpaced bitcoin's gains over the last week and is ... Verge is a multi-algorithm Proof of Work-based cryptocurrency, with a focus on privacy and ASIC resistance. It supports five different hashing algorithms (Scrypt, X17, Lyra2rev2, myr-groestl, and blake2s). To ensure full privacy in the system, Verge relies on dual-key stealth addresses: an unlimited number of one-time destination addresses that can be created by senders on behalf of the ... On April 2, 2020, Binance posted on its blog that it acquired CoinMarketCap.com (CMC), the best known crypto data site. It’s been reported that the size of the deal was $400 million in a cash and equity and that Brandon Chez, the founder of CMC was stepping down. He was replaced by Carylyne Chan, CMC’s […] Go back to your coinbase account and find your Bitcoin wallet. Click send and paste in the exact address provided to you by Binance. Click send and wait 40-60 minutes depending on the amount of activity on Bitcoin. Once your funds are verified then your Binance wallet will be automatically updated. Now you can finally trade your Bitcoin for Verge. Up Next. Curaleaf Q1 Shows Company May Have to Test Market’s Tolerance for More Borrowing Anonymous mobile transactions over the I2P network. Tor Integration & Optional Stealth. Summer-Fall 2018. They are in testnet for Bitcoin now. Date revolves around this timeline. Anonymous mobile transactions. Fall-Winter 2018. New look, guides, updated roadmap, list of official core members, blog with official news, mobile friendly. More of Our News. Pricing Plans. Telegram Channel Free ... Bitcoin goes Retail; Binance invests in MobileCoin; Vitalik vs. CoinDesk The Blockchain Bitcoin & Crypto Weekly CXO Briefing is all you need to know, each week, jargon free for CXO level business leaders and investors who will use this technology to change the world. Each week we select the 3 news items that matter and explain why and link to one expert opinion . For the intro to this weekly ... Bitcoin ABC and Bitcoin Core use an average delay of 5 seconds between broadcasts, which makes batching start at around 0.2 tx/sec. Bitcoin Unlimited uses a delay of about 10 ms, so BU's batching begins at around 100 tx/sec. BCHN will now default to using a delay of about 500 ms, or batching starting at about 2 tx/sec. We at exchanged.i2p are happy to announce the grand opening of exchanged.i2p(beta) the worlds first fully anonymous crypto currency exchange. We hope you enjoy it as much as we enjoyed developing it. The site can be access directly via I2P, simply download I2P from 2017 was a massive year for cryptocurrency, with Bitcoin— the most valuable and widely-used cryptocurrency— experiencing a historic price run from just $900 to over $20,000 in value. While it may be the king of the crypto ecosystem, there are a number of issues with the network that has many investors asking: what is the next Bitcoin?

[index] [6550] [14673] [6012] [7387] [11025] [8153] [15944] [6237] [6855] [11369]

Build Bitcoin Bot with Gekko and Research Coins on Binance - How To

Binance (BTC-ALTCOINS) Get 10% OFF ... Take everything I say as pure entertainment value only. Do not take any financial advice from me at all. I am not a financial advisor, I am only documenting ... 🟩 BITCOIN BLUEPRINT 🟩 🚀 Over 1000 Members 🚀 🎓 Learn To Trade Profitably Today! https://www.btcblueprint.com 💰 Learn How I Made $8,000 Profit In 1 Trade (Free Training) 💰 https ... ripple, bitcoin bottom, bull run, should I buy bitcoin, digibyte, binance, basic attention token, btc, fomo, b1, what is eos, eos vs cardano, eos on coinbase, xphone, cardano shelley, brave ... #KBC has over $355,000,000.00 according to etherscan & over 6,500,000,000 in circulating supply according to binance info. with those figures #KBC is a top 2... Welcome back to the no BS blockchain channel covering bitcoin, cryptocurrency and everything around FinTech. Episode 9 is with the Ted Lin, CGO of Binance, the most popular and innovating crypto ... #Coinbase In max 3 min Bitcoin versenden von deinem Coinbase Konto, so gehts. Eine Auszahlung hat bei mir ca 20 min gedauert. Nach der Eingabe des Codes den ... Cardano Reboot & ADA Future Value; ... Binance Acquisition, Giving Up On Bitcoin & Crypto Will Make Millionaires - Duration: 36:02. The Modern Investor 19,270 views. 36:02. Binance Reveals Visa ... In this video i describe the set up of a live crypto trading bot on Binance with Gekko, including how I research new coins and the threshold values I use. Results video will be shown in 12-24 ... Subscribe for daily crypto videos : https://goo.gl/zm1G9x Bitcoin will be the new store of value and crypto will be the new technology evolution and I want to be a part of that trough this channel. Binance.US brings you the trusted technology from the world's leading crypto exchange, Binance. Trade your USD for bitcoin, ethereum, and other cryptocurrencies. Trade your USD for bitcoin ...

#