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Ethereum’s gas fees remain a challenge, but eth\_simulateV2, Block-Level Warming & improved estimation are lowering costs & boosting efficiency.
[https://etherworld.co/2025/03/04/the-hidden-challenges-of-ethereum-gas-fees-and-how-devs-are-solving-it/](https://etherworld.co/2025/03/04/the-hidden-challenges-of-ethereum-gas-fees-and-how-devs-are-solving-it/) | r/cryptotechnology | post | r/CryptoTechnology | 2025-03-04 | Z0FBQUFBQm9YZWpSOUU5VlY0b29teW02RzJYbWFtTHM2TEh6cXV3Qkx1ZzhIcG5NZGx1QmMzR1o3REtpZF9VLXBtM1VUaV9BNXJZMG84WnVhMjZhMDVVd0xsZEg1V2hyM3c9PQ== | Z0FBQUFBQm9YZWpSNG15SDFMRVlyLWpMVTlaNUdNcFRRSzVOeDFxUTc3RTZMNE9YNkVfQ3BPNFZZWll1SkQwdlJXR3luNndvNXBBdFZqRXA0STlWVnVFWU9jYzJQVmYzT0JXanZ4aEgtWFZhLTFuWWNoUDdqcVpncDlIYmpqSkRWZzRQVmFjWGo4M1Z3VF83U1Bxb0Q0blcydEV5NS1UYjBBc2E3V2FpRkJITXV1OENYQ2l4R01wV2ZjM1BlbEVEbHpXVUFpMUdDNlF0bXhhRXFyVWpPa2Z4OWNpbDdpdWFlZz09 |
A digital currency system that **resists double-spending**, **ensures privacy**, and **scales** *without relying on a blockchain ledger*.
Instead of storing every transaction indefinitely, this design uses a **DAG-based spent-commitment structure**, **zero-knowledge proofs (ZKPs)**, **probabilistic finality (Avalanche-style)**, and **periodic pruning** via Merkle trees to guarantee integrity and verifiability while minimizing long-term data storage.
# Base Layer
# 1. Homomorphic Commitments (HC) for Coins
* **Coin Representation:** Each coin is represented by a **cryptographic commitment** (e.g., Pedersen Commitment) that conceals the coin’s value using homomorphic encryption.
* **Ownership:** A user “owns” a coin by holding the **secret blinding factor** (the opening) of the commitment.
* **Spending Process:** Spending a coin invalidates the old commitment and generates a new one, ensuring only unspent commitments remain valid.
# 2. Coin Issuance & Initial Distribution
* **Decentralized Launch Mechanism:** A **ZK-proof-secured launchpad** allows early participants to mint coins by proving computational work or stake via privacy-preserving methods (e.g., ZK-SNARKs).
* **Vesting Contracts:** Coins allocated to core developers/validators are locked in time-released contracts (e.g., 3-5 years) to prevent premine abuse.
* **Dynamic Supply:** A minimal inflation rate (1-2% annually) funds staking rewards, incentivizing long-term validator participation.
# 3. DAG Referencing for Spent-Commitment Accumulation
* **Transaction Nodes & Multiple Parents:** Transactions form nodes in a **Directed Acyclic Graph (DAG)**, referencing multiple parent commitments to establish lineage.
* **Conflict Resolution:** Each commitment can only be spent once; referencing the same parent in multiple transactions triggers a conflict resolved via heaviest-subtree rules.
* **Append-Only Structure:** The DAG enforces a partial ordering of spends, enabling efficient pruning after finalization.
# 4. Zero-Knowledge Proofs (ZKP) for Privacy & Integrity
* **Proof at Spend Time:** Every transaction includes a ZKP verifying:
1. Ownership of the spent commitment.
2. Valid transition to new commitments.
3. Conservation of value (inputs = outputs).
* **Batch Proofs:** Use **recursive SNARKs** to aggregate proofs for entire DAG branches, reducing verification overhead.
* **Hybrid Privacy:** Users can opt for transparent UTXO-style transactions (no ZKP) for non-sensitive transfers.
* **Hardware Acceleration:** Optimized ZKP backends (e.g., Groth16 on GPUs, Halo2 on FPGAs) accelerate proof generation/verification.
# 5. Avalanche-Style Probabilistic Finality + Minimal PoS
* **Probabilistic Sampling:**
* Transactions are repeatedly sampled by random validator subsets.
* Acceptance requires **supermajority approval** (e.g., 95% stake-weighted consensus).
* **Validator Economics & Security:**
* **Fee Market Integration:** Transactions bid fees in the native token, distributed to validators. Fees escalate during congestion.
* **Slashing Conditions:**
* **Double-Voting:** Validators endorsing conflicting transactions lose staked tokens.
* **Liveness Faults:** Persistent offline validators face partial slashing.
* **Delegated Staking:** Small token holders delegate stake to professional validators, improving decentralization.
* **Consensus Enhancements:**
* **BFT Finality Gadget:** A Tendermint-like BFT layer finalizes checkpoints after dispute periods, resolving network partitions.
* **Data Availability Sampling (DAS):** Erasure coding ensures checkpoint data remains available even if 25% of validators disappear.
# 6. MMR-Based Accumulators for Global Pruning
* **Spent-Commitment Updates:** Spent commitments are appended to a **Merkle Mountain Range (MMR)**, an append-only accumulator.
* **Global MMR Checkpoints:** Validators finalize MMR snapshots via BFT consensus every epoch (e.g., 24 hours). Pruning deletes pre-checkpoint DAG data.
* **Light Client Efficiency:**
* **P2P Attestations:** Light clients query multiple peers for MMR roots, cross-validating via majority consensus.
* **Fraud Proofs:** Compact proofs allow nodes to challenge invalid checkpoints, enabling light clients to reject bad states.
# Optional Enhancements
# A) PoH-Like Timestamps (Specialized Time-Stamping)
* **Objective:** Use a **Proof of History** mechanism to timestamp DAG transactions, simplifying conflict resolution.
* **Benefit:** Provides canonical ordering for forks and reduces reliance on network timestamps.
# B) Chain-Key Threshold Signatures
* **Mechanism:** Validators collaboratively sign MMR checkpoints using **BLS threshold signatures**, producing a single compact signature.
* **Benefit:** Light clients verify checkpoints with one signature, reducing bandwidth overhead.
# C) VDF (Verifiable Delay Function) for Spam Prevention
* **Design:** Each transaction requires a **VDF proof** (e.g., 2-second delay) to deter spam.
* **Adaptive Difficulty:** Difficulty adjusts based on network load (low during normal use, high during attacks). | r/cryptotechnology | post | r/CryptoTechnology | 2025-03-09 | Z0FBQUFBQm9YZWpSajZpUGpGZkw3aUFCeC1jOU5GdjZhOTZsZG96NTZMSlFCOEZDb2pXTW84MHhGMjhZUmNiWW1UX2pvb1Q0Q0RqWmttVWo3RGVzaEZjNlVOeGx0OGdBTGNHWEJRRkdYUWV0aEo2Q1pqRE9hbjQ9 | Z0FBQUFBQm9YZWpSb3dFalliTGxPaGtXVlo3YXRBbjhSbWw4ZEtxUndtanMyU1RLbk1qclQ3LTZudS0zNTMtNGY0VXB5RlA0aWNHcS1Ja3A1WkxZbE43eW1NLUhuYUNSSVNKcE9ZSFQtTUV2NFVyOGRhSUF4dnQ4eGRINWdHdm1fRkpPa0hCbVVKS2doUVZ6aGFCREpXZFlmLTdZVlNnOWRYMFlYdnNsNmphX2RkOG9KM245UXpub2VENlJDUWFvTlhoRlZnVkZIck5QT2FBR2d4c0lBSGwyQUxUdDFhLWNEZz09 |
The US government created a strategic bitcoin reserve. But it’s not buying bitcoin—only keeping what it confiscates from criminals. Markets weren’t thrilled. Curious to hear thoughts out there about this hands-off approach?
Dan from Money Machine Newsletter | r/ethereumclassic | post | r/EthereumClassic | 2025-03-09 | Z0FBQUFBQm9YZWpSX0dkOWJQT2x2ZHNEQllFblpVM3p5TFhhenBnTHNKaU4tVXdPZ2s4Y0dZaEVsWUUxOEhZR1BUVk1pcjJma3duMzVocVUtMEotVjg0dlRsQVNaMkVCenc9PQ== | Z0FBQUFBQm9YZWpSdFUyVDhRUmdteHloRWl2cllNSmRwLWh5N3huZ0Y1X1hidVBDQUZoY2h0VFRsMDVLVERYVi16em1CUU1WN2daTEhqWGFfUlpEV2hmWWdBNnNMOElwenlvT0t2ZmUxMUVaSm1lRVlmNnFvY0I1MEtYeVdFY28ydXF2Vzh3dVhqV196V1NoUW45VGtsS3NLd0gzMi1YUDBpNmhJbUxSaFF3R2hoUDVHaHdHUGNEZk5ZeDBWa1JDUnZFQm1XMUU1WjhReHdPdkFlOC1ET3BoRXZPeHN3bnFadz09 |
With the crypto market heating up again, crypto reddit is seeing a lot more traffic as well. If you would like to join the mod team to help run this subreddit, please let us know using the form below!
[https://forms.gle/sKriJoqnNmXrCdna8](https://forms.gle/sKriJoqnNmXrCdna8)
We strongly prefer community members as mods, and prior mod experience or technical skills are a plus | r/cryptotechnology | post | r/CryptoTechnology | 2025-03-09 | Z0FBQUFBQm9YZWpSLVBHd09BZ0lPWHNmbE1uWlFwUXYyaUxpSUZMcDNLWEx3cTc0WlhDdGlVLTR6RWlTY29UWVlsZXlQVkd2Q3lDTGpLU25RVG5VZFNaaGw4N2tZMDBNUkluRlFNTWJLcndzTzJRb3EtN1kwTGs9 | Z0FBQUFBQm9YZWpSYVFMZUpwXzBjMko1RlpCdC1GZmttRWgxVTdnOVVwcmJqZ3E0elpIYzBTMm5vQlpBVTh6U1lPR1k0Sy1lOEZfRGt6bEh4ZjJBN2kzMnJoSXFkdjlJbDhKSXNGcUF6dFR6T3dkb3BMcHNSRzdXek5PVjF1S0l2azN3SFFNS1lWdHI1enllZ01OMDZEeDR0ZXBxd0FaeHI5WnBEYzhPNDZIS1dSSTFKcUdKOGdlNVVvS3g4TVh5U3pUUVFrQmtTN1FQ |
Filecoin Sees $99M Surge as Storage Demand and Clients Rise 10%
https://cryptonews.net/30668993/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared | r/filecoin | post | r/filecoin | 2025-03-14 | Z0FBQUFBQm9YZWpSVkpwWW5RSkxqeDRSODBVQWphaFdNbFBTWlBvOEtVRXpuandJbTZSbzhqRklGcG9pUGpjd25scmRGV1hFTjZYUi1xblVXUmhfalFFNDFuWVdiYzRJQ1E9PQ== | Z0FBQUFBQm9YZWpSeDkwVm9zM3ptU2ctRlFkVElEYTM3bXpBTnRfbUFtQ3VOYTFEc1E3N1BoSE9MQnEzS1BPVmpKWGZLcEVlOHlZUUNiYmZld29sVXJuRHJvQXNoVFpFWm5sOEZEeVFPdW0xSHBIQ1VSZVFUZEVHTTZNZXhIajE5bGUzSXpiekZVSTVyODdkb3F0bzlUOUtGTUtURXZ6bzlGNHRocUhwSHE2N2pmVUNhcHNYRnZicUZfMWI5bVNVNVNTUlhyR0JNNjBjbzcwYWpGN3NlUVA0c2ZxMUlSMU40Zz09 |
####**The elephant in the room: Bitcoin's declining security budget**
Like all Proof of Work (PoW) networks, Bitcoin is mostly secure from 51% attack (majority attacks) as long as its security budget remains high relative to the total value protected. There have been plenty of PoW blockchains with smaller security budgets that have been ruined by 51% attacks, which led to large reorgs or double-spends. Historically, Bitcoin's security budget has increased between each cycle, but this increase has been decreasing from the start, and has now reached an inflection point. Transaction fees on average still only cover 1% of the block reward and are completely insufficient to cover for Bitcoin's security.
As of March 2025, Bitcoin security budget, when CPI-adjusted, has **declined over 45%** in real value compared to 4 years ago (sources: "Miners Revenue" from Blockchain.com, CPI data from St. Louis FRED).
There is a well-studied, recent research paper covering this long-term systemic risk to Bitcoin:
**"The Imminent (and Avoidable) Security Risk of Bitcoin Halving"** - https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4801113
This research paper from Apr 2024 analyzes the long-term effects of Bitcoin halvings on Bitcoin's security budget and Bitcoin's security.
Due to the halvings, Bitcoin's security relative to the amount being protected (aka the "security budget ratio") roughly halves every 4 years. Transactions fees have not been rising enough to make up for the loss in block subsidy. In fact, transaction fees on average still only cover 1% of the total block subsidy. The Cost of Attack (CoA) on Bitcoin is expected to continue declining in the long run.
####**The researchers identify many major long-term issues for Bitcoin's security model**:
* **Misaligned security incentives**: Bitcoin miners are profit-driven. Unlike with PoS, Bitcoin miners do not have strong economic incentive to protect Bitcoin when mining is no longer profitable. There is economic loss in protecting Bitcoin against a strong 51% attacker.
* **Declining security budget ratio**: The "widening divergence between the decreasing security budget and the rising total value of Bitcoin has been identified as a substantial long-term security problem".
* **Price instabilities**: "can push mining activity far below its equilibrium value" where "the hash rate required by a 51% attacker is substantially reduced"
* **Secondary markets from unprofitable mining**: "In our default scenario, the 28% of miners that become unprofitable in post-halving equilibrium may be willing to sell their hardware. Then an attacker who aims to acquire 50% of the total hash rate could buy this cheap hardware."
* **Cost of Attack**: Was previously expected to be $5-20B in mining equipment, but possibly much cheaper due to secondary markets. Ongoing cost is $100M/day cost for maintaining a 51% attack.
* **Timing attacks**: Due to difficulty adjustments around halvings, the total hash rates can be up to three times lower than before the halving, making Bitcoin 3x easier to 51% attack.
* **Insufficient Transaction Fees**: Transaction fees on average have not risen at all, and are too low to cover for the loss in block subsidy from halvings
* **Goldfinger attacks**: "Stakeholders with intentions to undermine Bitcoin or profit from short positions may actively engage in Goldfinger attacks"
Note that the researchers based their figures on S9 ASIC miners since those are readily available on secondary markets. The CoA using newer S19 and S21 miners should be even cheaper by up to 3x because they are much more efficient.
####**Possible solutions**
The authors recommend several solutions, all of which require controversial hard forks.
* Removing supply cap and having permanent block subsidy issuance
* Imposing minimum mandatory transaction fees
* Switching to other more secure consensus protocols (like PoS)
* Using a gradual inflation-reduction curve to eliminate sudden shocks in mining drops from halvings
* Implementing a smaller max difficulty-adjustment
Their primary recommendation is to remove the supply cap and allow for permanent sustainable block subsidy issuance. It is questionable whether the Bitcoin community will accept many of these proposals. | r/cryptotechnology | post | r/CryptoTechnology | 2025-03-19 | Z0FBQUFBQm9YZWpSZVRBVnYxWlZDdzlRMV9hRUJzNkNXekRzRnJkOHlyM05KS1V2VEFHLTFub2VoYkhMcWVBdU1xTUlCSVJBSEUySGt6dVhKYW9GVzQxNlNCQzM0alNDd2c9PQ== | Z0FBQUFBQm9YZWpSYkNHcGVOQ2VwQ05RYVRNVzRMbU5xbGJVSjh2UUI3RjRsZHBHMUVXZ1pvbFFzb0RuMjAzQXlidjJ2RFpicVlaeF9NVEYyMFhaUnNGdnZtQVpadTI2S1F1VlRlMmt2TGdtcHdtQ3J6TlJ2VW52dFlvZUhqeFRpaXdrNW5kMFZwdHM2SWRpTV9oQm95YXNSVHZrYWZ0TVZfTm5TSjZRczdqNzVodUNMRDAyNHVUeGU0TURWTnh2RjBaU2ZpendnOFVITkZnZTB0eGozUWhPUDhIUEZENl9lZz09 |
Filecoin has MADE IT into the 2025 Ultimate Crypto Tournament! Playing Sui in the 1st round right now. This is a real tournament I run for fun. Last year Filecoin lost in 1st round to eventual runner up Theta
-“Games” are 2-day Twitter polls. The coin with more votes advances. Single elimination.
-https://x.com/UltimateCrypto7. Only humans may vote, no bot chicanery allowed.
-Spread the word far and wide as we determine the ULTIMATE CRYPTO for 2025.
Thanks everyone | r/filecoin | post | r/filecoin | 2025-03-20 | Z0FBQUFBQm9YZWpSTVdnWlVodENWcVllZlp1Q2RNMGVIbWxVTzRxbjRTV3RiNkFXbUx0WFQ1ZWxGZWlzSnBCMlVaeHpxenN3TlVZcTQtX3k5QjltaHRlc0dmRWxVMzlfNEE9PQ== | Z0FBQUFBQm9YZWpSaVFLNXZoRnI0NkRveXBoaG5BZ0d3aUpjbmpaZVY0YmRpWHFCcUVtaG10NlhYUTFKUXlHeUdPQkZHVG1fRDM4anhiZTF0Wkx3Q3BOMGkwQU4yWWVIZ2FfbU1FbzJtZWduMHlZemdXNWt4eE90Rm1uWWl4b3kxMDFBRlVGWnRwcHpYeTQydUNrOW9JZWpZMW4wNE16RzR2dG80R1V0QVQ4ZEp5MlQ3YjVxcU9lZXVsc3hnUUNYOEQ3SWQwa2NVSTB2 |
Ethereum Classic has MADE IT into the 2025 Ultimate Crypto Tournament! Playing Uniswap in the 1st round right now. This is a real tournament I run for fun. Last year ETC narrowly lost to Cronos in the 1st round.
-“Games” are 2-day Twitter polls. The coin with more votes advances. Single elimination.
-https://x.com/UltimateCrypto7. Only humans may vote, no bot chicanery allowed.
-Spread the word far and wide as we determine the ULTIMATE CRYPTO for 2025.
Thanks everyone | r/ethereumclassic | post | r/EthereumClassic | 2025-03-20 | Z0FBQUFBQm9YZWpSUllONjVjR2N0YkpYd0pfNEJzWXhPbEtJeXZwRXNhUnhWcTgxWXg1YUFUcjNKWk1zWW54LTd0WjRCMERTem1UMkpNdEQ2QnBHTHd2a2stY19WTGc5U2c9PQ== | Z0FBQUFBQm9YZWpSZUVlQm92bm5PR19aSDdHX2FuWEpJTE9pSTA0MlgxVkQ1LVBWS1FJblBvUmp4cVIydlpkbjlLMFVBRE9ZYnVCdWw0RXpESGFpS0pqLWJCV2ZiNmNycUJWaFBUbHF6cVRkZ2xZTFJ2aEg3cHZHQ0ppUGFCRVZkM0NKTzBLYTZIZWRQZ0RFRlhRS1htM3ZVNmdqTGFzY09JdmVzVnBhNEZvTG1tMThvcVZkeGl3OFQ2MmlvTGRBS09ZREt3LXkyd0pFbURwRTdlbVNOYk5vTk9yODE4V3ZKdz09 |
There are problems within the crypto industry that no one seems to be dealing with.
Hacks
Snipers
Front Runs
Phishing
Bundles
Bots
All of these things are hurting adoption.
So far this year over 1.6 billion in crypto has been hacked. Already more than last year.
MEV bots steal more than that without the user knowing. Even though these hacks are all different, they all have one thing in common. They are all transfers. They all require a transfer to finish the scam.
A front run requires a transfer.
Phishing requires a transfer.
Bots require transfers.
So a simple solution is limiting the size of transfers or establishing a certain amount of time in between transfers. Example if you buy something on a decentralized exchange it requires an exchange from the router to your wallet. So you could set a timer that prevents any additional transfers until a certain time has passed. This would prevent any transfers and therefore prevent any phishing or slhacks during that time. Bybit for example could not have been hacked with this simple fix.
I've seen projects experiment with this with great success. One such project is called HUNDRED which has a 100 hour time lock between transfers. I'd like to get your thoughts on this new potential fix. It would solve a lot of problems in the crypto space. | r/cryptotechnology | post | r/CryptoTechnology | 2025-03-21 | Z0FBQUFBQm9YZWpSNVZBeVFLVDd3QVdfMTdzaFZrb21Ec2dJRmRzZTdtT2c2Z2tZSHZIalZhNVV6UV9IazBCZ0Y3Z0tDdmE4VGxmVXBuZE5JbGZKMjFhTmtwc1FsWXRMeEE9PQ== | Z0FBQUFBQm9YZWpSaE9FU1NmVUdvaDBKdXR0Mnc3TEVaZDFVdlJGYXJVVjRMNlFVNXJ0Mk14VDBnSWhaNEQtVkhOWEEzYk5QdjJsMEdJV3Q1TVZPTE9ZVTJtdndkTk1BaU5fZ0xMRjBBMmVmaEVQcF9lY3VIQXJ2R0tWN2t1bVJIS3JLWXhsdC1BTkpONkVnMVlfV2J2U2EtVlNqbU02TVhBeVc5aGNpd1JoMjE5eFhtZXdkUlRnZ0Q3RUhZSG9IQUxSTDczN0U2bEFvc0swUFB0MXFjbXpaU2VJbDlrLWRVQT09 |
Where does everyone find information on community events for ethereum classic these days? | r/ethereumclassic | post | r/EthereumClassic | 2025-03-22 | Z0FBQUFBQm9YZWpSVzVOZ3BuWER1Qk1ka2xnRzdteDU5S2FoUGRxVFRvbWlmMGxPbHFEMy15UkNFbFRYTHlHX05Dd19ILWtiakhOV2tsMXNBUGUyM2luZFBPUnZUdmZEeGc9PQ== | Z0FBQUFBQm9YZWpSU0o1amRrclhJQl91bXRIY3lPeXdFZ21qTnItRkRpQVVGdThKejVYTThMWGNBb0UtXzNNUWUxWTZVWW40dTk5aExHdUJDRnlRWDJuOUtqMnowY21jTXJpVHdZeEx4UVNJWms0REQwT1BtVmVVc1kwaUpEM1Nrc1EzcGhqbHR2T3pITmx1Z09xUWN0STktbGN6ek1sUTVRbDlHcGJyRWhXUnlDUlVsM0laSm40cWJVS2RnNTUzTzlzMzV1VWdtRXpF |
I recently stumbled into a project that makes staking even more rewarding, and I figured I'd share it here. YieldNest offers a way to stake your assets while passively earning multiple rewards, including potential airdrops. Instead of just parking your tokens somewhere with minimal returns, this lets you optimize your staking strategy by gaining exposure to different opportunities at the same time.
What caught my attention is that it's built for people who are already familiar with staking but want to make the most out of it. If you’re farming yield anyway, why not set yourself up for better long-term gains? It seems like a smarter approach to DeFi rather than just hoping for the next big airdrop to come along.
Curious to hear thoughts—anyone else looking into strategies like this to maximize their rewards? | r/ethereumclassic | post | r/EthereumClassic | 2025-03-23 | Z0FBQUFBQm9YZWpSZnZOaUZFMzZ6Xzl2S1d2cEdlaGlSbmxObXlFVFRxa2FWZmZoY1JfSlBNUUltYldIdmU4TUhfUWdHY0I3a2FraThZR0dOTWhVS3FNX1BLbzM4c3FSVnVScWFadTQwdE5DT0FjR0hoUnp0eWc9 | Z0FBQUFBQm9YZWpSaU5nb09BdThNYW12OFR5MEN0T1EzOFVzcmJLTFBCRzdtbG55dWFJQWFkQVNMU0tRZ3BtYm9GOUJWZkp3bHVjWEVNbWdyc0V5RkkzeC1UU0I3dVVyMDV3aU9TajJ1WGNRVGt0MUhucUpZVWlnanhMVFRjQzc3dHFJSE4tMlFQMmNqdTFDUTlYMnNOQV8xNExDTUFqd1R3eDFpSEZLX2hSMU1ONzRxUkgzcm9fdFFOYldVU2lKT1pwM2FvaXZKVVNjREsyM2o0MEJ5QjJmTVVPX09WVXRvQT09 |
Hey everyone,
I’m planning to launch a token, but I’m a bit stuck on choosing the right blockchain. There are so many options and I’m not sure what really matters for my specific project. My token will be a mix of utility, governance, and security features. It will give holders access to specific services, allow them to vote on important decisions, and represent ownership or stakes in the project.
I plan on using smart contracts with medium complexity to manage things like token distribution, voting mechanisms, and other conditional processes. Scalability is important, but I’m not sure how much that should weigh in the decision.
What other factors should I consider, like transaction fees or ease of development? Any insights or advice would be greatly appreciated!
Thanks in advance! | r/cryptotechnology | post | r/CryptoTechnology | 2025-03-25 | Z0FBQUFBQm9YZWpSLWZzZ1JVYVhtdUc4cjczbGd4SzVjQkk3UC1fZU1QbTM3WXVPYVhmRHhtTzIzeDZQMkNVXzRLaVM1VHc5amwwbVVvLTY5R3B6LXZVODdMMEhLbG1NMkE9PQ== | Z0FBQUFBQm9YZWpSRERudDB2dG1ncndDazJKRVhaVmQ0bjFtMjduYmIwQlBuUFNiOGFvLVVmSzExZFYzN2dmdUptOUtpaVB5VXZrdjhMMmFRWnVfUDFFUFFabldJRjNtc3VISElqOEVYLW80RXR1bjh4VUJhMk95dVNJRnRqV3c3UUtRQ3JzNlFrUGo4NDNaYUUwRlBPTER4NEI0cm9mTWNBeUFScFNNelRoVzFsLThjRHVPVmhRRmtfOGt2V294YXNUQ05RZjdSN3paT0N0cGN4M0dsTFNjRnJCZnpWUnhyUT09 |
Why do memes get their 100000th pump and here we are actually dumping harder than them. This makes no sense why does ETH have a historic sucky year when I invest in it. Just my luck. 1% this week for etc is trash lol and here’s DOGE pumping 20%. Anyone else fed up with this same old shit ?? | r/ethereumclassic | post | r/EthereumClassic | 2025-03-26 | Z0FBQUFBQm9YZWpSdU1NdGRnNmhaOTgwOEZPa2J4TnpZMXFoLUxhbTVSYTMxVUdxSUNtbzFsc0ZUdXZkZzlyakR2QkJLVHkyWE5rUF80bTlFUlJsVzNHX0ZzTmdNS3BSbU1mS05MeFJLTzhvbHdGbmxfYnhwSTQ9 | Z0FBQUFBQm9YZWpSTmJIRHdpTkVLMDBsbldicklQbTdKRDZValhlRWpvOExTNURaOE9VQ3k0eFlBdWt0cHdUN3N0WkFWdzVGYVBLQU9yYjZ1RUdJbTl5aXlSUTNSX0dIOHg1bHhscXdDd056czNYaXFWZl9LSktvcjh1VzRpTDR4RWRqUUx0S3E5Rk1Ca3RkSmMyb3hBcVJaY2lkZmJoMmg1RTVRNlR0dzlQaVYxOWdlUU8xdVpzPQ== |
Since every full node must store every transaction and use electricity, this makes the transaction cost proportional to the number of nodes. This really can add up.
Assuming a bitcoin transaction takes 250 bytes of data and there are 20,000 full nodes. Each transaction takes up 5MB total. That’s a lot for one transaction! 5MB on AWS S3 costs 1/100 of a cent (USD) per month. Assuming bitcoin remains for 100 years, the transaction cost could be as high as $0.12. This is ignoring the fact that the number of nodes could grow and that there are other costs as well (eg electricity). All blockchains that attempt to have full nodes (eg ethereum cardano) have this problem.
To be fair, all nodes in a server farm could all share one record of the blockchain so it’s hard to say how many copies of the blockchain there truly are.
Just one of many reasons why I don’t believe in crypto. What are your thoughts?
| r/cryptotechnology | post | r/CryptoTechnology | 2025-03-27 | Z0FBQUFBQm9YZWpSZkNGRVBaMGtXcFBJNW9IU2V6UElfQUt3a3pyVEwzTFZMRXZmYW51M2pTdV8wNmVwbWlpNDhIRjFDdGRZRVl5Y0E4SF9feWxMR3RDemN3MnNULUdKUGY2S0M0YXFpM1FIVGZXVVhaUU1zb3c9 | Z0FBQUFBQm9YZWpSUHFDNmRFV05rU2lDTHIxVFNvUS10aG1senZoMnpnRTRxYV83N2lGSU9VdGlvVDI3YmNrckdKc2dnZG5VQms2cnpqNEFxWV8wWXhYQWVpbkIyR0R1MHJtblhNemVUbnZKUDQ4NDk2UXRoQV96Q0x0THlzN25LSGlCa0pIMXFEYm5LbXNlU29RN3ZFd1BOaGFOZkYweVh2SHIxSUFpUTRwcVlDSlUtYmhWQjdzRjdEM21qUThEUnUzc2RPR3UyZjNyWUFMRVNKSnB1eUlsa1hQaGFJdEVzUT09 |
Hi all, I've only invested in BTC so far and I'm wondering how XRP differs.
Can someone explain to me what are the main differences between XRP and BTC ?
I understand that XRP is neither PoW (like BTC) nor PoS (like ETH). How are new blocks appended on the XRP blockchain?
It is customary to say that between decentralization and scalability, a secure (crypto)currency has to choose one. How does XRP achieves scalability without sacrificing decentralization ? | r/cryptotechnology | post | r/CryptoTechnology | 2025-03-27 | Z0FBQUFBQm9YZWpSdHhHaTBQblhSaFk4XzdBRTdaeUVGVV9BcTJKeU1ubkVVTVZ3eFFmYzlWckYtUHVHeThIRU1SWlVYenAyVkZnN25JVng0Y3Fnc0c5amV3NDJSOVFiaHdwMUIzMnh5bHVWV1hMZWZNbWo3ZDA9 | Z0FBQUFBQm9YZWpSUHU2NlNoYzlIMUtFR2VfS1I3OXVfc0JYbG5ZOUlUTGRkQmR3eWI4V05hSllVTHNSNXl5bTQ0Wk8zU2hlOW9kOE8zQVFXREFaUWhxTmpsZzU5akw4czRQN0o2blNiN09mSUVfdVRwSkxFSl8wYVdkVEwwVkhZbnJ1aDNXVkdCMFoxSE9RWTVfc2U2ZXhUdFFFaVNIRlhDWThxbzR5dXNSRGV6YmFFSUszYTN4OTE0UlNPaUh4NDJlZHoyYlhSRmtaOVNTQ0lMLUhRMU5ESUxiUmFUQUxkdz09 |
# " Hello World "
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💡 **What Is Solana?**
Solana is a fast, secure and censorship-resistant blockchain providing the open infrastructure required for global adoption.
Say goodbye to high fees and slow confirmations.
Solana is built for speed, without trade-offs.
🤓☝️ **The Basics On All Things Solana And Web3:**
[https://solana.com/learn/blockchain-basics](https://solana.com/learn/blockchain-basics)
🤔 **How Solana Works - An Executive Overview Of The Solana Protocol:**
[https://www.helius.dev/blog/solana-executive-overview](https://www.helius.dev/blog/solana-executive-overview)
💥 **Solana Foundation:**
The Solana Foundation Is A Non-profit Foundation Based In Zug, Switzerland, Dedicated To The Decentralization, Adoption, And Security Of The Solana Ecosystem.
💥 **Solana Labs** (https://solanalabs.com)**:**
Solana Labs Builds Products and Tools That Can Be Used On The Solana Blockchain.
💥 **Anza (https://www.anza.xyz):**
Anza is the leading Solana-focused software development firm, building resilient, elegant, and impactful protocols.
💥 **Solana Ecosystem (https://www.solanaecosystem.com):**
Explore The Solana Ecosystem & Discover Powerful Tools And Integrations From Companies Around The World
🌎 **Solana Official / Relevant Links:**
\- Website: [https://solana.com](https://solana.com)
\- News: [https://solana.com/news](https://solana.com/news)
\- Newsletter: [https://solana.com/newsletter](https://solana.com/newsletter)
\- Whitepaper: [https://solana.com/solana-whitepaper.pdf](https://solana.com/solana-whitepaper.pdf)
\- X (Twitter): [https://twitter.com/solana](https://twitter.com/solana)
\- Telegram: [https://t.me/solana](https://t.me/solana)
\- Reddit: [https://www.reddit.com/r/solana](https://www.reddit.com/r/solana)
\- LinkedIn: [https://www.reddit.com/r/solana](https://www.reddit.com/r/solana)
💻 **TECHNICAL Relevant Links:**
\- Docs: [https://docs.solana.com](https://docs.solana.com)
\- Discord: [https://solana.com/discord](https://solana.com/discord)
\- GitHub: [https://github.com/solana-labs](https://github.com/solana-labs)
🔎 **Solana "Third Party" Explorers:**
\- Solana Explorer: [https://explorer.solana.com](https://explorer.solana.com)
\- SolScan: [https://solscan.io](https://solscan.io)
\- SolanaFM: [https://solana.fm](https://solana.fm)
\- HeliusLab: [https://xray.helius.dev](https://xray.helius.dev)
💰 **Grants & Funding:**
Learn More About Different Grant And Funding Opportunities Within The Solana Ecosystem
\- Solana Foundation Grants: [https://solana.org/grants-funding](https://solana.org/grants-funding)
\- SuperTeam Grants: [https://earn.superteam.fun/grants](https://earn.superteam.fun/grants)
🛠️ **Developer Resources:**
Check The Subreddit Menu / Side Bar For More Relevant Developer Resources.
\- Top 10 Must-have Resources For Developers Diving Into The Solana Ecosystem | By AmalnathSathyan (X - Twitter)
[https://new.reddit.com/r/solana/comments/1gxxyk8/top\_10\_musthave\_resources\_for\_developers\_diving](https://new.reddit.com/r/solana/comments/1gxxyk8/top_10_musthave_resources_for_developers_diving)
👨🏻🔧 You're A Developer & You Want To Hangout With Solana Developer Communities?
You May Always Join The Below Communities (Unaffiliated With Solana Foundation or Solana Labs):
\- The 76 DEVs: [https://discord.gg/7yryzdyFKx](https://discord.gg/7yryzdyFKx)
\- Solana Community: [https://discord.gg/solana-community-926762104667648000](https://discord.gg/solana-community-926762104667648000)
\- Solana Developer Community: [https://discord.gg/qcMZEgydXP](https://discord.gg/qcMZEgydXP)
\- Lamport DAO: [https://discord.gg/FDKrxC5pxj](https://discord.gg/FDKrxC5pxj)
📱 **Solana Mobile Developer Resources:**
All The Tools Necessary To Start Building Mobile Crypto Apps For The DApp Store:
[https://www.reddit.com/r/solana/comments/1kh8ch9/solana\_mobile\_developer\_resources\_all\_the\_tools/](https://www.reddit.com/r/solana/comments/1kh8ch9/solana_mobile_developer_resources_all_the_tools/)
👨👨👦👦 **Solana Collective:**
Empowering Solana Content Creators
\- Website: [https://www.solanacollective.com](https://www.solanacollective.com)
\- Discord: [https://discord.gg/solanacollective](https://discord.gg/solanacollective)
👨👨 **Solana SuperTeam:**
Join The Talent Layer Of Solana Superteam, A Community Of The Best Talent Learning, Earning And Building In Crypto
\- Website: [https://superteam.fun](https://superteam.fun)
🏚️ **Solana Events:**
Community hosted Solana events and regional summits for connecting with founders, partners, and builders in the ecosystem.
**- Events:** [https://solana.com/events](https://solana.com/events)
**- HackerHouses:** [https://x.com/hackerhouses](https://x.com/hackerhouses)
🕵 **Solana Token Sniffer (❗️USE AT YOU OW RISK❗️):**
Use The Below Tools To Read, Understand, Capitalize Blockchain On-chain Data And The Security Analysis Of Tokens And Detailed Wallet Insights
\- [https://rugcheck.xyz](https://rugcheck.xyz)
\- [https://solsniffer.com](https://solsniffer.com)
\- [https://solintel.io](https://solintel.io)
👜 **List Of Wallets Supporting Solana - Browser Extensions, Web Wallets, Hot Wallets, Cold Wallets**
[https://www.reddit.com/r/solana/comments/1jsq9qy/list\_of\_wallets\_supporting\_solana\_browser/](https://www.reddit.com/r/solana/comments/1jsq9qy/list_of_wallets_supporting_solana_browser/)
💬 **Weekly Discussion (Random Talk Goes Here ONLY❗)**
[https://new.reddit.com/r/solana/comments/1go9qh5/weekly\_discussion\_thread](https://new.reddit.com/r/solana/comments/1go9qh5/weekly_discussion_thread)
📖 **How to Avoid the Biggest Crypto Scams and Blunders, for Dummies :)**
[https://www.reddit.com/r/solana/comments/18er2c8/how\_to\_avoid\_the\_biggest\_crypto\_scams\_and](https://www.reddit.com/r/solana/comments/18er2c8/how_to_avoid_the_biggest_crypto_scams_and)
| r/solana | post | r/solana | 2025-03-29 | Z0FBQUFBQm9YZWpSMFF3YUN2eDlyT0Z2R3NFUVNCVUlKYWx1Y3VhMWJVd1I1SkZLS0JRUUtBdEJuYkxaSDdvZnVkMXdfQWlST0NjOEE3QVBjc3FhWVJ6bGl2bHYtOEJfRUE9PQ== | Z0FBQUFBQm9YZWpSV2VSa2pMSjNUSGc0MzhhMjd4cDU4SzZnSDM3ZEpMRUxscks1dkF3VVUxbXZQZUx2Vl96R2xkNjV1R1YyZl95OFcxVzJzNnNkZFZOZjhTQm9fWE9qRlVqbzFfMzBwMjd4RjJ6cTVPU2tJMjVpMEZHblA2UzFyOTJ1aTVjRHpRMzI4bDhCTU5CVEpmdlJEdFdzLXYyQ2VxVnl5TnBTTWVKVXRfa2R6dFVDQmhPRWZWa0NjbEhjdXVza0dHeHM0aU1J |
Yo, I’m on the hunt for solid projects with an **upcoming Token Generation Event (TGE)**—aside from **YieldNest**. Looking for something with good tokenomics, strong community incentives, and actual utility.
Speaking of which, **YieldNest** has been on my radar. It’s a **liquid restaking** protocol that integrates with **EigenLayer** to maximize staking rewards. They’ve got this whole **Seeds system** where you earn future airdrops, plus **MAX LRTs** that boost yields. Seems like a pretty interesting play for passive income in DeFi.
Anyway, what other projects should I be checking out? Drop your suggestions! 👇 | r/ethereumclassic | post | r/EthereumClassic | 2025-03-30 | Z0FBQUFBQm9YZWpSc3ZMZ0VUeTRDdlkyOTBoT2FJY0ZXN1pWbjVBcy0wV1BCeW5LSTNISWdtTlBiNHI4WmJXSF9WNl9CcFZhWUktb3l1NG1ETFlTbGlsNkVkMWJJY25hRHdlUU9ycGJfUWJzN2lhNkJvcW5nMDA9 | Z0FBQUFBQm9YZWpSZFdNSnZIeWZIdDlxdDFzbk5jUDRrcEx4ZGlDN0ZFdF9hQ29DSEZ6ZE9mcGlKZzBDbXZqUENoazdqRE93TnJpOXpsLWUtLUR1SHdDWnJJUU90dGN1WERBdnFlMzZIUUNJVkJSQjNVMjlJRElmNEZwRzVpV0tZWTNjTzg1LTdTaTlYSkk1azZYNTZsZDZlQ0NkS19Id0ZrMmNKa3hlT1RFejRfWFJWOHh1Z1J3bTBBZzNlZEZENXpPUGRiaGtkd0Jk |
https://youtu.be/YZdEeREdgfM?si=Tv5rvXOhLDxmaq7t
https://x.com/filliquid/status/1906859051876495473?s=46
| r/filecoin | post | r/filecoin | 2025-04-01 | Z0FBQUFBQm9YZWpSM01Hc3k2cXdNYS1yTTY3eTFlUzNibGFMOC1mbThLaFJyTUpWcG9pak5nS3BMajE3VDZvbHVfT1BCZUYybXlzZzA0WFJxcjFzRVZ4dTROVER1OVN0Qnc9PQ== | Z0FBQUFBQm9YZWpSbkM2Q05OMW0tSFJJNTNWQkNDVjd2SDlCczBfeU9GTWQ3N3RBX01ZNlRTZW90R0h1SUdfbnFuQVJRN3VxODFJb214RGRKMXg4RGItV1pqZmY2QVRjTFYxdS1xaVp0cmY1QmphZlVSbzdSMUdOdnA4aHNOMkdtNDZ3MmxoQ3pQZHNueVVENVBGVGJjSGlNMFg1Z2hVakRsRnh3TnAxYXUyRXRGb1NENVdFdUpKZjNZUDI5bkpZZ2Vndmd3VFRGdzl1QTB2YUhTRW1PcUlzeTV5Z3FOaHVidz09 |
Similar to how the proverbial paperclip-maximizer will eventually reconstruct all planetary matter into paperclips, Nakamoto Consensus/longest-chain is a highly-inefficient family of Proof of Work (PoW) consensus protocols that maximize energy-usage. They will stop only once the total cost of production equals the total block reward (i.e. when marginal profit == 0)
However, not all PoW protocols are as maximally energy-inefficient as Nakamoto Consensus. Some PoW protocols reduce waste and redundancy from uncle and orphaned blocks by reusing normally-discarded blocks.
**TL;DR**:
* **PoW Longest-chain**: Makes blocks expensive to produce with constant difficulty adjustments. All effort is discarded/wasted except for blocks produced in the longest-chain. Has weak economic security incentives. Weak to 51% attacks.
* **PoW DAG**: Makes blocks cheap to produce. Accepts all valid blocks without discarding. Has moderate economic security incentives, but weak spam-protection. Strong against safety-type 51% attacks, but weak against liveness attacks.
* **PoW GHOSTDAG**: Makes blocks cheap to produce. Accepts nearly all valid transactions. Has moderately-strong economic security incentives. Strong against safety-type 51% attacks, and moderately-strong against liveness attacks.
* **PoS DAG**: Makes blocks cheap to produce. Accepts all valid blocks without discarding. Has strong economic security for both safety and liveness.
-------------------------------
**Longest-chain is an Energy-spending maximizer**
Bitcoin's longest-chain/heaviest-weight is a family of consensus protocols that maximizes energy-spending (and e-waste production) until the marginal profit reaches zero. It will stop only when the cost of production exceeds the security budget from its block rewards.
Even as mining rigs become more efficient at producing SHA256 hashes (CPU -> GPU -> ASIC -> faster ASIC), the never-ending difficulty adjustments completely nullify that efficiency increase.
There is major miner misalignment of economic incentive under longest-chain because those providing security (miners) do not have the same goals as those receiving the security (holders).
**Is it possible to design a PoW protocol that is less wasteful?**
The main problem with longest-chain is that it wastes computations. Everyone is trying to build a block, but everyone's efforts get thrown out while only the winner's block is accepted. One way to decrease wastefulness is to not discard effort. There is a way to use discarded blocks under which is to use other consensus protocols like DAGs and GHOSTDAG.
**What is a DAG, and why is it more efficient and more secure?**
A DAG is another category of Distributed Ledger Technologies (blockchains are also DLTs), that has a mesh-like structure instead of a linear chain of blocks (e.g. blockchain). All valid blocks are accepted, and none are thrown away unless they're invalid or have bad signatures. Thus nothing gets wasted. Blocks are connected to each other like a mesh and ordered based on time-equivalents. Nano and the original IOTA (it later upgraded to PoS) are both PoW DAGs, and they're both extremely efficient.
Computations are not wasted, and there doesn't need to be a constant difficulty adjustment. Blocks are constantly being produced at low cost (sub-pennies) and high throughput (thousands of TPS).
In addition, longest-chain protocol is weak to 51% attacks, especially when block production is slow and there is a pool of transactions waiting to be added (a mempool). When block production is fast and the pool is usually empty, reorg and censorship attacks from 51% attacks become largely irrelevant. Sure, blocks can be reorged or censored, but the throughput is so high that transactions get added anyways by other miners seconds after the attack. So the attack only affects other miner's block rewards, which are mostly insignificant anyways. This nearly nullifies the effectiveness of 51% attacks.
Technically, there is no mining for adding transactions. The mining is mainly for spam-prevention, which is an issue I will cover later.
**What is the GHOSTDAG consensus protocol?**
GHOSTDAG is a portmanteau of GHOST (Greedy Heaviest Observed SubTree, Ethereum's original PoW protocol) and DAG.
Longest-chain protocol throws away blocks that are not in the longest-chain. Those discarded blocks are called uncle or orphaned blocks. GHOST uses uncle and orphaned blocks as part of the weight calculations for determining the heaviest-chain, which makes it more secure and efficient than vanilla longest-chain.
GHOSTDAG goes a step further than GHOST. There are 2 versions of this. One version includes orphaned blocks into the chain in a pseudo-DAG-like manner. The other option discards the blocks, but includes the transactions from those discarded blocks as long as they're valid. Either way, computations are not being wasted. They have the same benefits as a DAG.
Unlike with Nano's version of a DAG, GHOSTDAG (Kaspa's previous consensus protocol) has actual mining, which is mainly used for both spam-prevention and for security.
**What's the downside with DAGs?**
There's always a tradeoff. For DAGs with high throughput, it's spam.
Longest-chain's ultimate goal is to maximize energy-spending (and e-waste production) until the block reward is expended. DAG's goal is to maximize block production until transaction demand is fully-met.
DAGs are so fast and efficient at producing blocks that they can become extremely spammy and sometimes have issues with liveness.
Nano had this problem because it went to the extreme of having no fees. Everyone was a miner, and everyone was constantly producing blocks. This leads to storage bloat and increased node/RPC hardware requirements. Mining was practically costless, but full nodes were not being compensated for storing the full ledger, and ledgers can grow very quickly when throughput is high.
Thus DAGs need some kind of process to reduce spam. Nano adds a small Proof of Work mechanism to combat spam, but they probably didn't go far enough. Nodes/RPCs are still not being compensated, and they're partially responsible for security. GHOSTDAG improves on this by requiring miners and a transaction fee paid to miners. This lessens the burden for security on uncompensated nodes and shifts it to the miners.
So it's possible to produce a partially secure, safe, and efficient PoW by using DAGs or GHOSTDAGs. There is still some minor/miner misalignment of economic incentive because under PoW, those providing security do not have the same economic incentives as those receiving security.
**PoS DAGs**
Going one step further ...
A PoS DAG protocol is even more secure. On top of all the benefits of DAGs, now validators are economically-compensated for providing security, and they have economic incentive to provide security, so the interest of those providing security and those receiving security are aligned. | r/cryptotechnology | post | r/CryptoTechnology | 2025-04-01 | Z0FBQUFBQm9YZWpSMWg4RllEc1lJX1pwOU9xcmR1OHVPNVRWMnNrRHVRMDh5cmlxeHJkR0JlZDJXNl9xcXY3NDZFY1A5SURXeU1PVVAxVmxtcEI5MTFPYWRSaUJ2T0dkVHc9PQ== | Z0FBQUFBQm9YZWpSSHY3UHE5X0d0RFZEUHF1Mzh4bDVvQ3J1SFc3aTlKNWdJdUUyMjdieEZFTFY3OWdwVVpDTWV4RUFoMGJuUm9sUHB6TWdmWGZZSnltYTlFT29VbTBuMHpLLUNjLTVUTzZndUFoNWRMVXJta3poTTExbXNUWkh3eS12aEtZYm9qZTdWVmYxRjF3ZHBGYmo5UFFrSU1PQlZseEI0YUJsWFNXbGUtb2JYRllvZGljRlhmaFJuYkdPSjdtX0VvYXlYVVVvdExnUGkzS29xS29fN3kxRVVaWTNtZz09 |
MetaMask’s official reason for deprecating eth_decrypt in 2023 was straightforward: "The main reason is that it's not that safe to use the same key for signing and encrypting." On the surface, this seems reasonable—cryptographic best practices often advocate for key separation. But a closer look at how eth_decrypt functioned reveals cracks in this reasoning, suggesting the decision might mask a deeper motive.
Here’s how it worked: eth_decrypt and eth_getEncryptionPublicKey relied on asymmetric encryption. A third party could use eth_getEncryptionPublicKey to fetch a user’s public encryption key, derived from their Ethereum private key (ECDSA on secp256k1). They could then encrypt data—potentially vast amounts—using this key, e.g. via ECIES (Elliptic Curve Integrated Encryption Scheme). The wallet owner would decrypt it with eth_decrypt, using the same private key that signs transactions (e.g., via eth_signTypedData_v4). MetaMask argued that this dual use could expose the private key, risking account security
But this doesn’t hold up under scrutiny. In asymmetric encryption, the public key is meant to be shared—encrypting millions of messages with it doesn’t inherently compromise the private key, provided the scheme (like ECIES) is secure with proper nonce usage and authentication. Decryption with the private key is distinct from signing; it doesn’t generate a public output like a signature does, so the "same key" risk feels overstated. True vulnerabilities—like padding oracle attacks or side-channel leaks—would stem from implementation flaws, not the concept itself. Yet MetaMask’s 2023 blog post admitted no known exploits existed. If the risk was theoretical, why axe a feature that enabled private on-chain communication
The "same key" argument fits symmetric encryption better, where one key handles both encryption and decryption, amplifying misuse risks. But eth_decrypt was asymmetric, making the justification seem misapplied. MetaMask pledged support for a new encryption standard, like EIP-5630 (proposed in 2022 for safer key derivation via eth_performECDH), but as of April 2025, it’s still unfinished, leaving developers in the lurch. Was security the real driver, or a convenient excuse? | r/cryptotechnology | post | r/CryptoTechnology | 2025-04-02 | Z0FBQUFBQm9YZWpSUjZsRFNCdTFPYnpKSkJyZTNXZVJHcFRidXUzZFhBNnV5SjhCOWNWWEFVVXZaVmltVWxNMDR1dXBvYjBTSjFtNEU0ZFYyWHBsS05MRkpuS0VVY2lLRFE9PQ== | Z0FBQUFBQm9YZWpSQm5JT0xXOEl4dTdnY3VDTEJ3YXlobFMxcWxMcV9uTHZITVk5ZHJtcUdfZnlGVm1yMXluZFJrTzlJSExxWUpaZTZKbWxBdUU0eGl0MkdjY1QxZ0RHWmxTWnYtSHpkSnZtRFlCLXpEYWFmdnlGWWp1WldsdGRxbS16eGQ1cHc3c0ZPZHBHMGs3RVMtWTFnMFctQnBIemRvQWktb0FHVkszNm8zd1hYcXZFMDlSdlBFTHBrX256V0FLRXl0VWJkdW1iTzVsR2JvQ25aR2ZqUlJkYnUtakthdz09 |
Let me begin by saying if this post is deemed inappropriate it was not my intention to violate the rules, and although the discussed topic is inflation, it is about building mechanisms into a token, not about markets. Additionally, I am not citing the name of my project, or trying to promote it in any way, just looking for advice from fellow developers.
That said, a little context. The distributed capability of blockchain tech is what originally drew me to the crypto space 10 or so years ago. I have always loved the concept of essentially using greed as a key motivator to create a secure and trustless asset. I find it inspiring, as fundamentally, no ecosystem can exist free of avarice, and historically, the accumulation of malefactors is what inevitably degrades the integrity of the system. Although far from perfect, the opportunities created by this technology seems to offer the closest function for turning the greed of potential bad actors into a positive force, by rewarding meritorious action such as mining, staking, and auditing, to such a degree that it disincentivizes defectors.
Looking at what other issues that blockchain could potentially create merit based cooperation for universal good in, one of the biggest economic complaints that seems to constantly plague the world, regardless of nation, political affiliation, ect... is the poor management of inflation, leading to ever increasing escalation and instability of financial assets. Cryptocurrencies have already made inroads into this issue, such as with Bitcoin having a finite supply, and thus a deflationary trajectory, or in the case of dozens of cryptos that have regulated, transparent inflation rates.
It occurred to me though that although many cryptocurrencies have decentralized consensus that controls one or more aspects of the tokens inflation / deflation, I cannot think of one that has put full control of both mechanisms into the hands of the token holders. There are clear reasons for this, and in many cases I can fully understand why the developers would not want to risk bad actors having any part of their tokens minting and burning rates, nor is it appropriate most of the time.
Still, the idea is intriguing, for, if given the opportunity, would a community of token holders be capable of self regulating the use of inflationary and deflationary mechanisms, ultimately working together to build the ecosystems financial value and stability, or, would short term greed and "pump and dump" malefactors overwhelm the system and cause a total loss of stability?
Personally I find the concept to be fascinating, so out of curiosity, a little over a year ago, I started building a token model to test this socioeconomic theory, as well as my own programming ability. Since then I have gone through several revisions, with my first few concept designs falling apart almost immediately do to architecture flaws, exorbitant on-chain fees, extreme transaction latency, and issues incorporating off-chain entities. However, about a year later and I have created what I am confident is a functional and working prototype to test my thesis, building my model using the EIP-2535 standard, with independent facets for the inflationary and deflationary modules that can be activated and deactivated via a staked voting mechanism by token holders, and with certain mechanisms, once activated, relying on off-chain entities via a ZK Rollup to handle computations to cut gas fees, with off-chain "nodes" handling the off-chain computations, and incentivized through the ability to host and profit from staked tokens to their nodes. Bad actors can be penalized for trying to use a node to send corrupted information by quarantining of the effected node, and both node operators and token holders are incentivized to partake in voting by the direct impact on the total supply of the token. In order to ensure that the token is not pushed to a unsustainable supply in either direction, the supply is "rubber-banded", ensuring that the further the supply gets from the initial supply, the more difficult activating and maintaining the supporting mechanisms will become.
It was particularly challenging, as prior to this project I have never worked with either the EIP-2535 standard or ZK Rollups, and I stumbled more then I would like to admit.
All of this is to say, I am looking for input, criticism, and questions that can help me hunt down any remaining flaws that I may have been to close to the project to see, prior to its launch. Shortly after I first started this project, I posted an inquiry here about potential mechanisms to integrate into the token, and some of the responses I got were quite inspired. I am hoping that this post may evoke some similar insights.
Thank you for your time reading this, and for your responses if you are so inclined. | r/cryptotechnology | post | r/CryptoTechnology | 2025-04-03 | Z0FBQUFBQm9YZWpSbHV2aFBwNVM2N19OQk03MmRvQjJVTzgwZEtRRllZY2ZlSW1qX0JFNjV6cFZVZ01qbFdad0dzTHRVSnd3bnZrY2t4LWtwMlRtcndjdllUdks0RDBKeHc9PQ== | Z0FBQUFBQm9YZWpScnhiQUdzXzcySzNZUkR0YjhYaGlaVDc2YnFSNV9wRFhrc291VDhjWEVINnJWc3hVblBGQmV6NlV1NUduM2JYVHFJdVlURUVGY1dEejJDZ3BGOG5JX0FTdTFJTXFjd05oUi13RlhKcVp1M09wbVozWGJiV3FHazRVQWM1X2I0Z3BsYnRMTFFVakY4NVh1Mko1cndxZGJNSTJuUzNZR1l5LUpSYmhJaUFWYVY3V0lSVDNoQjg1WXozWFZvWm5ZTHBJUzJyZTdncjFIQUZucFlhNzQ1REc1Zz09 |
I just hit my goal of 2k in filecoin with an avg of 3.69. Long term targets await and looking to add more, next goal 3k and keep going to 5k) before they hit. How many do you guys have and what's your avg cost? | r/filecoin | post | r/filecoin | 2025-04-03 | Z0FBQUFBQm9YZWpSYkVfbG95clBYTFlfWGxxMWtqdVE4NVd5alR4U3lrR3JTOEU2S1huSzBmaHlqeVJwNmFnT0UwdWRtSDFtNHJoVnU1Zm1VMWtXN2c3LUdBM0s3aHUyRHc9PQ== | Z0FBQUFBQm9YZWpSU05zMmpGblNsN296amlMT1dNTFdzTlpiczlhdHJkMTJKZUMxQmVRVm9ZSTRFeXkyRHVaMDQ3c2o0YW0wbG41SzhxR2QzWWZwc1NBMlNjeEZnV2pHMlFqdjgydkpVOHl6dW9zQnY0eEY3ZTV6N3NKcXZDNDRJUkxEUXRwZTNtQmNUTzdVbTh5ampSM2drbS1BTWhUMkhtR2RhQkUyTFBDRFdEdEs3a1hYa2wxR2xwd0x0RUs1dkZkNDV2Nmgzb3dL |
Crypto is still priced in fiat currency so it is still directly exposed to the increasing supply of fiat currency which devalues the fiat currency and creates inflation. In other words crypto is susceptible to inflation. We have stable coins pegged to 1 but instead what we need are crypto coins whose supply is pegged to the M0 and by dividing the M3 by the M0 we can price the value of 1 coin. This would create a crypto currency immune to inflation and at worst equal to 1 of the fiat currency. For example, USA M0 is 5T and M3 is 20T. 20T/5T=4
So the coin price would be worth $4. Will someone create this?
Also, if you couldn't tell the currency will appreciate as long as the US continues its fractional reserve banking.
Edit
added comma
Edit 2
You would have to be able to buy it with fiat USD **ONLY** for this to work. | r/cryptotechnology | post | r/CryptoTechnology | 2025-04-06 | Z0FBQUFBQm9YZWpSNXQyUFhiN3R0WEVvNmN5VUlVd2NzZDZrVkJFMVJfaVMteWVwZjB0MzI2OVBYUk11WjktNVh0dEhnT2ZPdEUtc09CclA0b0lfbk9sbzVEbHI0eDZZdVE9PQ== | Z0FBQUFBQm9YZWpScWRxRm5uUHgxUWVWMGNOZS1CYkFVQkY1Z1JnazcxVERoalhIdXI1RmowanhHVW1teU00UTRFZmFIMkYzU1RKQ2VCMVJjWkRaVDVIUjFtV1BiazZzTlpSSjVMdHVCZ1VMS2trWmtVeGtELXFIb2NWOG5jaWFSVVcxWVVaNmo0Mzg2QkVJRy1PMW1tSnhRajdqaHlRY21aOFhLcGY0alkyQXlod0dXekZSY1JrVm9jbHZvSHJ0UklWTEVKdTVtT3Jz |
Blockchain technology has opened up new possibilities in the music industry, particularly in decentralizing ownership and the distribution of royalties. Traditionally, music royalties have been concentrated in the hands of major investors and industry gatekeepers, leaving little room for independent participation.
A recently developed model utilizes NFTs (Non-Fungible Tokens) on the Polygon network to represent fractional ownership of a song’s royalty rights. Each NFT grants its holder a proportional share of the royalties generated by the song. This is enabled through smart contracts that automate revenue distribution transparently and efficiently.
This approach brings forward several technical insights worth discussing:
* **Scalability via Polygon:** The Polygon network was chosen for its low fees and fast transaction throughput, which are crucial for managing the microtransactions that come with music royalties.
* **Smart contract automation:** Revenue distribution is fully automated through smart contracts, ensuring each NFT holder receives their share without needing intermediaries.
* **Transparency and traceability:** All royalty-related transactions are logged on a public blockchain, increasing visibility and trust among participants.
This model not only democratizes access to music investment but also provides a clear example of how blockchain can solve centralization issues across various sectors.
The project is currently under development. Upcoming stages include smart contract security audits and stress-testing to ensure long-term reliability and integrity.
We invite the community to share thoughts on potential technical challenges and explore how this model could be extended to other use cases or industries. | r/cryptotechnology | post | r/CryptoTechnology | 2025-04-06 | Z0FBQUFBQm9YZWpSYTFROEZJSEZ4d0dPUTJRRU5nbmt1RUlaeFlWZWNQY0lZNm5mUHBiYWxfTnNES2M5R25obGc2U05TZDZvMy1RVU9QRkkwNU5JeGp1Mkg5VEdGT0xJMUE9PQ== | Z0FBQUFBQm9YZWpSLXpmOEVmb1lHLXZuaFlHbk1JTkczTXFVTlJNNG1TT09jVlpReE5JRGZZT215S1RUQXZUcGlnSEY0TkcyYTNpSFhkYl9IR0hCSEwtVy1faDFuUWZibjkzT3VUMUx4QzhkM3BqSDJydnBIV1NNTDdidzVVOVJhUnhYcnhyUy1YaWRLU1p0SVlrMkc3OGNIeDc0dEFXTnk2eG1QTHpkQzBDR21Yd1dwQW1wUW1CVmZIcExIX1F5WmZBVm16dnpVcWh0RE5QN0tCSW5EbDNjUVpHWGJVN2JVZz09 |
Majority voters expect filecoin to cross $20 while weighted average of all votes suggests a price of $11.52 per filecoin. Though 28% of the voters see it below $2.5.
***Source:*** [*https://botsfolio.com/crypto/filecoin/price-prediction*](https://botsfolio.com/crypto/filecoin/price-prediction) | r/filecoin | post | r/filecoin | 2025-04-09 | Z0FBQUFBQm9YZWpSX2l6QU1qVV9UM3piTktOaTNULUpPSlJSTFpXQkhXdWF6SFBIRm80eFlPNGY3bTFGV1g5aTJQblg2QlFHRTQ0VU1qY2tjaXhkMk5Qb3RpSEhLY09NOFE9PQ== | Z0FBQUFBQm9YZWpSeVZlWjRoRno4bEJOWTdESmdUQnBJaDhaU05HZE9BOGJ5N3ZLNnZBcTZ5dGNvLXlqb3dMbEJldVBnNmp6NnJfRktnbDJ1cnZBWXZEVElxWlk2eTUzQ2VZMTVnb3hZUkpSY3FCTF9TbkctNEFyZ1VIZWoyeVRYdllPWkxrMEZnanRrZjczY3ZfQUhodFRDYU9VWUNMN3BsYXpxaHF0Nnd3UFRRdDhBRnd5UXQ4YmJ2ZkgxSVhuTmxXSW93eV96YkNWaFE0U3ZwdzZEX1RKc3lBRUpwVXV1Zz09 |
Hi everyone. Can you recommend some good and serious blockchain mailing lists that are still being used?
I'm looking for ones that are more developer & engineer focused, cypherpunk, formal methods (verification & specification), Research. Many of them are now dead or very much project specific.
What I'm not looking for: Layman mailing lists e.g. focused on the latest crypto influencer news/hype, NFT's, Memetokens, cryptopunks and things of that nature.
Please share your thoughts, it will be super useful.
Many thanks | r/cryptotechnology | post | r/CryptoTechnology | 2025-04-10 | Z0FBQUFBQm9YZWpSMUptMlhhUlBfRmh6TGM2Qlk1dkswc3FuVFdjczViOGVLZm9HYVgyU0NDTXNRZ1IxdFI0ZWdOR2lyV3loNnp0ME5aOWVmRjBGN0drT0FWUWxoZHp4OWc9PQ== | Z0FBQUFBQm9YZWpSbU1pT3hXWWdLVFVxZHVJYUdHMV9EczVmVXNuR0ZUUTdmSXljMlBQOXQwUlEtRzM4OEl4MFlncFhHcWtITGhOYU1OakY1NS1NdWNxLWtGZkl2ODBBV2VBdVRJOHVHNTBGZVctT1hVREdWcWZlSVRBaU5HTTNNNE1WelpqMGthbEx2cUxxQk1nTzFRZno1ZTA3Ri1VWm51LVdJZWxGbFR2Qmw0aFUxUGdodkpES1Y1eXBmSmcySVZIRmtzSm9XZFB2YmhhR3hNOGxqb3B1bzRfMTJoSEpyUT09 |
# Welcome to the /r/Bitcoin Newcomers FAQ
You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments.
It all started with the release of **[Satoshi Nakamoto's whitepaper](https://bitcoin.org/bitcoin.pdf)** however that will probably go over the head of most readers so we recommend the following articles/books/videos as a good starting point for understanding how Bitcoin works and a little about its long term potential:
* [Article: The Bullish Case for Bitcoin](https://medium.com/@vijayboyapati/the-bullish-case-for-bitcoin-6ecc8bdecc1)
* [Book: The Bitcoin Standard](https://www.amazon.com/Bitcoin-Standard-Decentralized-Alternative-Central/dp/1119473861) - or [download a free copy here](http://cryptache.ro/wp-content/uploads/2021/04/The-Bitcoin-Standard-The-Decentralized-Alternative-to-Central-Banking-PDF-Room.pdf)
* [Video 1: An introduction to Bitcoin - Wences Casares](https://www.youtube.com/watch?v=IAFKJVLNVQA)
* [Video 2: The Stories We Tell About Money - Andreas Antonopoulos](https://www.youtube.com/watch?v=ONvg9SbauMg)
* [Video 3: The Bitcoin Standard - Saifdean Ammous](https://www.youtube.com/watch?v=Zbm772vF-5M&t=286s)
* [Video 4: Bitcoin 101 - Balaji Srinivasan](https://www.youtube.com/watch?v=JIxwTx7o_B4)
Some other great educational resources include;
* The [Satoshi Nakamoto Institute](http://nakamotoinstitute.org/mempool/) (check them out!)
* Swan [Bitcoin Canon](https://www.swanbitcoin.com/canon/)
* Michael Saylor's [Hope.com](https://hope.com/) and ["Bitcoin for Everybody"'](https://learn.saylor.org/course/view.php?id=468) course
* Jameson Lopp's [resource page](http://lopp.net/bitcoin.html)
* Gigi's [resource page](https://bitcoin-resources.com/#bitcoin-non-technical)
* James D'Angelo's [Bitcoin 101 Blackboard series](https://www.youtube.com/watch?v=Bhe61JaNFLU&list=PLzctEq7iZD-7-DgJM604zsndMapn9ff6q&index=7&t=0s)
* Parker Lewis's [Gradually Then Suddenly series](https://unchained.com/blog/category/gradually-then-suddenly/)
* Some Bitcoin statistics can be found here ([1](https://www.lookintobitcoin.com/), [2](https://data.bitcoinity.org/bitcoin/hashrate/6m?c=m&g=15&r=week&t=a), [3](https://bitcoinvisuals.com/), [4](https://bitcoin.clarkmoody.com/dashboard/), [5](https://studio.glassnode.com/workbench/btc-price-performance-since-halving), [6](https://augmentedcoin.io/btc), [7](https://nakamotoportfolio.com/nakamoto/start)).
* A Reading List of [Advanced Bitcoin Books](https://new.reddit.com/r/Bitcoin/comments/1c5fjhn/advanced_bitcoin_reading_list_curriculum_in_order/)
If you are technically or academically inclined check out;
* Developer resources ([1](https://developer.bitcoin.org/), [2](https://spiral.xyz/#projects))
* [Peer-reviewed research papers](https://docs.google.com/spreadsheets/d/1VaWhbAj7hWNdiE73P-W-wrl5a0WNgzjofmZXe0Rh5sg)
* Course lectures from both [MIT](https://ocw.mit.edu/courses/15-s12-blockchain-and-money-fall-2018/) and [Princeton](https://www.reddit.com/r/Bitcoin/comments/7qynvj/dont_panic_just_learn_sixty_free_lectures_from/)
* Future [protocol improvements](http://diyhpl.us/wiki/transcripts/2018-01-24-rusty-russell-future-bitcoin-tech-directions/) and [scaling resources](https://www.reddit.com/r/Bitcoin/comments/56nnd8/the_scaling_bitcoin_website_is_awesome_videos/).
MicroStrategy's [Bitcoin for Corporations](https://www.microstrategy.com/en/resources/events/world-2021/bitcoin-summit?CID=7014W0000014yhJQAQ) is an excellent open source series on corporate legal and financial Bitcoin integration.
You can also see the number of times Bitcoin was [declared dead by the media](https://99bitcoins.com/obituary-stats) (LOL!)
## Key properties of Bitcoin
* **Limited Supply** - There will only ever be a [maximum of 21,000,000 bitcoins created](https://www.reddit.com/r/Bitcoin/comments/10h04a6/this_is_how_we_know_theres_only_21_million_bitcoin/) and they are issued in a predictable fashion per the [inflation schedule](https://bashco.github.io/Bitcoin_Monetary_Inflation/). Once they are all issued Bitcoin will be truly deflationary. The [halving countdown](http://bitcoinblockhalf.com/) tells you approximately how much time until the next block reward halving.
* **Open source** - Bitcoin code is fully auditable. You can read and contribute to the [source code](https://github.com/bitcoin/bitcoin) yourself.
* **Accountable** - The public ledger is transparent, all transactions are [seen by everyone](https://blockstream.info/).
* **Decentralized** - Bitcoin is globally distributed across thousands of nodes with no single point of failure and as such can't be shut down similar to how [Bittorrent](https://en.wikipedia.org/wiki/BitTorrent) works. You can even [run a node on a Raspberry Pi](https://getumbrel.com/).
* **Censorship resistant** - No one can prevent you from interacting with the Bitcoin network and no one can censor, alter or block transactions that they disagree with, see [Operation Chokepoint](https://en.wikipedia.org/wiki/Operation_Choke_Point).
* **Push system** - There are [no chargebacks](https://gendal.me/2013/10/21/lessons-from-bitcoin-push-versus-pull/) in Bitcoin because only the person who owns the address where the bitcoin resides has the authority to move them.
* **Borderless** - No country can stop it from going in/out, even in areas currently unserved by traditional banking as the ledger is [globally distributed](https://bitnodes.io/nodes/live-map/).
* **Trustless** - Bitcoin solved the [Byzantine's Generals Problem](https://en.wikipedia.org/wiki/Byzantine_fault_tolerance) which means nobody needs to trust anybody for it to work.
* **Pseudonymous** - No need to [expose personal information](https://buybitcoinworldwide.com/anonymity/) when purchasing with cash or transacting.
* **Secure** - Blocks and transactions are cryptographically secured (using hashes and signatures) and can’t be [brute forced](http://i.imgur.com/fYFBsqp.jpg) or confiscated with proper key management such as hardware wallets.
* **Programmable** - Individual units of bitcoin can be [programmed to transfer](https://en.bitcoin.it/wiki/Script) based on certain criteria being met
* **Divisible** - Each bitcoin can be [divided down to 8 decimals](https://en.bitcoin.it/wiki/Satoshi_(unit\)), which means you don't have to worry about buying an entire bitcoin.
* **Nearly instant** - From a few seconds on the Lightning Network to a [few minutes](https://www.blockchain.com/charts/median-confirmation-time) on-chain depending on need for confirmations. Transactions are irreversible by normal users after one confirmation and irreversible by anyone (including miners) after 6 confirmations.
* **Peer-to-peer** - No intermediaries taking a cut, no need for [trusted third parties](https://nakamotoinstitute.org/trusted-third-parties/).
* **Designed Money** - Bitcoin was created to fit all the [fundamental properties of money](https://imgur.com/a/5w3l2A6) better than gold or fiat.
* **Portable** - Bitcoin are digital so they are easier to move than cash or gold. They can be transported by simply carrying a seed (a string of 12 to 24 words) on a device or by [memorizing it for wallet recovery](https://en.bitcoin.it/wiki/Brainwallet) (while cool, memorizing is generally not recommended due to potential for forgetting the seed and the potential for insecure key generation by inexperienced users. Hardware wallets are the preferred method for most users for their ease of use and additional security).
* **Low fee scaling** - Most wallets calculate on chain fees automatically but you can view [fee estimates](https://river.com/learn/how-bitcoin-fees-work/) and [mempool activity](https://jochen-hoenicke.de/queue/#0,2w) if you want to set your fee manually. On chain fees may rise occasionally due to network demand, however instant micropayments that do not require confirmations are happening via the [Lightning Network](https://lightning.network/), an open source second layer payment protocol built on top of the Bitcoin blockchain. The Lightning Network enables Bitcoin users to instantly send and receive bitcoin with fees so low that they are negligible.
* **Scalable** - While the protocol is still being optimized for [increased transaction capacity](https://en.bitcoin.it/wiki/Scalability), blockchains do not scale very well, so most transaction volume is expected to occur on Layer 2 networks built on top of Bitcoin.
## Where can I buy bitcoin?
[Bitcoin.org](https://bitcoin.org/en/buy) and [BuyBitcoinWorldwide.com](https://www.buybitcoinworldwide.com/) are helpful sites for beginners. You can buy or sell any amount of bitcoin (even just a few dollars worth) and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular places to buy bitcoin are listed below.
* [Strike](https://strike.me/)
* [Cash App](https://cash.app/)
* [Swan](https://www.swanbitcoin.com/)
* [River Financial](https://river.com/)
* [Bull Bitcoin](https://www.bullbitcoin.com/)
* [Bitcoin Well](https://bitcoinwell.com/)
* [Relai](https://relai.app/)
* [LibertyX](https://libertyx.com/)
* [CoinCorner](https://www.coincorner.com/)
* [Bisq](https://bisq.network/) (decentralized & P2P)
* [HodlHodl](https://hodlhodl.com/?filters%5Bcurrency_code%5D=USD) (P2P)
* [List of peer-to-peer exchanges](https://github.com/cointastical/P2P-Trading-Exchanges/)
* [Debifi](https://debifi.com/) (non-custodial lending)
You can also purchase in cash with [local ATMs](http://coinatmradar.com/). If you would like your paycheck automatically converted to bitcoin try [Bitwage](https://www.bitwage.com/).
**Note:** Bitcoin are valued at whatever [market price](https://aggr.trade/1m1h) people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year.
## Securing your bitcoin
With Bitcoin you can **"Be your own bank"** and personally secure your bitcoin **OR** you can use third party companies aka **"Bitcoin banks"** which will hold your bitcoin for you.
* If you prefer to **"Be your own bank"** and have direct control over your coins without having to use a trusted third party, then you will need to create your own wallet and keep it secure. If you want easy and secure storage without having to learn best computer security practices, then a hardware wallet such as a [BitBox02](https://bitbox.swiss/bitbox02/), [Trezor](https://www.trezor.io/), [ColdCard](https://coldcardwallet.com/), or [Blockstream Jade](https://blockstream.com/jade/) is recommended. You can even build your own open source hardware wallets called a [SeedSigner](https://seedsigner.com/) or [Krux](https://selfcustody.github.io/krux/).
* If you cannot afford a hardware wallet there are many [software wallet](https://bitcoin.org/en/choose-your-wallet) options to choose from depending on your use case. Mobile wallets like [BlueWallet](https://bluewallet.io/) are generally more secure than desktop wallets. Beware of fake mobile wallets and check reviews from reputable Bitcoin websites. Avoid paper wallets or brain wallets.
* If you prefer to work with third party **"Bitcoin banks"** to set up a collaborative custody arrangement, try [Unchained Capital](https://unchained-capital.com/) but be aware that any third party you use exposes you to third party risk. There is a saying in the community, **"Not your keys, not your coins"**.
**Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email!**
2FA requires a second confirmation code or a physical security key to access your account making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.
**Avoid using your cell number for 2FA.** Hackers have been using a technique called "SIM swapping" to impersonate users and steal bitcoin off exchanges.
Google Auth | Authy | OTP Auth
--------------|--------|------------
[Android](https://play.google.com/store/apps/details?id=com.google.android.apps.authenticator2) | [Android](https://play.google.com/store/apps/details?id=com.authy.authy&hl=en) | N/A
[iOS](https://itunes.apple.com/us/app/google-authenticator/id388497605?mt=8) | [iOS](https://itunes.apple.com/us/app/authy/id494168017) | [iOS](https://apps.apple.com/us/app/otp-auth/id659877384) |
Physical security keys (FIDO U2F) offer stronger security than Google Auth / Authy and other TOTP-based apps, because the secret code never leaves the device and it uses bi-directional authentication so it prevents phishing. If you lose the device though, you could lose access to your account, so always use 2 or more security keys with a given account so you have backups. See [Yubikey](https://yubikey.com/) or [Titan](https://cloud.google.com/titan-security-key) to purchase security keys.
## Running Bitcoin
You can run [Bitcoin node](https://bitcoin.stackexchange.com/questions/18736/what-is-a-bitcoin-node) software by downloading and installing [Bitcoin Core](https://bitcoincore.org) or other node software you have vetted.
It is a best practice to verify these Bitcoin node programs you download by [checking their hashes and signatures](https://youtu.be/U0I-ImS_r8o?si=qa_gRyGPuRZq5acM).
Don't Trust, Verify.
* https://github.com/bitcoin/bitcoin/releases
* https://bitcoincore.org
* https://bitcoin.org/en/bitcoin-core/
A verified Bitcoin node running on your own hardware is your sovereign gateway to the Bitcoin network. They can be used alongside open source software [wallets](https://en.bitcoin.it/wiki/Wallet) to send and receive Bitcoin securely. By running your own Bitcoin node, you enforce the Bitcoin ruleset, can verify transactions without trusted 3rd party middlemen, improve your Bitcoin privacy, obtain independence with local access to blockchain data, and help bolster the robustness of the Bitcoin network. By running a Bitcoin node, you are verifying that Bitcoin is Bitcoin for yourself. For more details on running a Bitcoin node see [this article](https://unchained.com/blog/why-run-bitcoin-node/).
For wallets used alongside your Bitcoin node: If your Bitcoin wallet software is fully [open source](https://bitcoin.stackexchange.com/questions/80111/is-bitcoin-completely-open-source/80115#80115) and Bitcoin-only, then it is probably a decent wallet. Some popular examples include [sparrow wallet](https://sparrowwallet.com/) and [electrum wallet](https://electrum.org/), both of which you can connect to your own locally run Bitcoin node, and use with most Bitcoin Hardware Wallets.
## Watch out for scams
As mentioned above, Bitcoin is decentralized, which by definition means there is no official website or Twitter handle or spokesperson or CEO. However, all money attracts thieves. This combination unfortunately results in scammers running official sounding names or pretending to be an authority on YouTube or social media. Many scammers throughout the years have claimed to be the inventor of Bitcoin. Websites like bitcoin(dot)com and the r / btc subreddit are active scams. Almost all altcoins are marketed heavily with big promises but are really just designed to separate you from your bitcoin. So be careful: any resource, including all linked in this document, may in the future turn evil. As they say in our community, **"Don't trust, verify"**.
* Avoid using ad-based search engines like Google or Yahoo: ads are shown based on how much the advertiser bids, and scammers can easily outbid legitimate providers for ad space, since immoral ways of earning money are far more lucrative than moral ways. Use [DuckDuckGo](https://duckduckgo.com/) instead, which has no ads, and never tracks you as well.
* Ignore private messages offering services.
* **Never enter your seed words in a website of any kind.** Hardware wallets will recover by displaying possible seed words on their own interface, never on a website.
* **Always check addresses on your hardware wallet before sending or receiving.** Some malware has been known to replace addresses in your web browser or that you copy-and-paste.
* Avoid clicking on links like that look like links, such as [https://www.google.com/](https://www.youtube.com/watch?v=8ybW48rKBME), without first hovering over it and actually checking where they go to. Just because a link is labelled with an HTTPS address does not mean it actually sends you to that address. It is trivial for someone to comment a link on Reddit that looks like it will send you to one website when it actually sends you to another, and you might not notice the difference until a scammer has gotten all your money, or you have downloaded and installed software that steals your money.
## Common Bitcoin Myths
Often the same concerns arise about Bitcoin from newcomers. Questions such as:
* Will quantum computers break Bitcoin?
* Will governments ban Bitcoin?
* Is Bitcoin a Ponzi scheme?
All of these questions have been answered many times by a variety of people. Here are some resources where you can see if your concern has been answered:
* [Common Bitcoin Myths](https://en.bitcoin.it/wiki/Myths)
* [Gradually, Then Suddenly](https://nakamotoinstitute.org/mempool/series/gradually-then-suddenly/)
* [Every Reason Bitcoin Will Not Fail](https://safehodl.github.io/failure/)
* [The Best Articles Debunking Bitcoin FUD](https://endthefud.org/)
* [Why Bitcoin is Not a Ponzi Scheme: Point by Point](https://www.swanbitcoin.com/why-bitcoin-is-not-a-ponzi-scheme-point-by-point/)
## Where can I spend bitcoin?
Check out [Spendabit](https://spendabit.co/), [Bitcoin Directory](http://bitcoin.directory/shop), or [Coinmap](http://coinmap.org/) for a plethora of merchant options. You can also spend bitcoin anywhere Visa is accepted with bitcoin debit cards such as the [CashApp card](https://cash.app/help/us/en-us/3080-cash-card-get-started), [Fold card](https://foldapp.com/) or other bitcoin debit cards. Some other useful site are listed below.
Store | Product
---|---
[Bitrefill](https://bitrefill.com), [Gyft](http://www.gyft.com/), and [Fold App](https://foldapp.com/) | Gift cards for thousands of retailers worldwide including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.
[Spendabit](https://spendabit.co/), [Overstock](http://www.overstock.com/), and [The Bitcoin Directory](http://bitcoin.directory/) | Retail shopping with millions of results
[NewEgg](http://www.newegg.com/) and [Dell](http://www.dell.com/) | For all your electronics needs
[Bitrefill](https://www.bitrefill.com/buy/worldwide/bill/), [Bylls](https://bylls.com), [LivingRoomofSatoshi](https://www.livingroomofsatoshi.com), [Swapin](https://www.swapin.com/) and [Coins.ph](https://coins.ph) | Bill payment
[Menufy](https://www.menufy.com/) and [Takeaway](http://corporate.takeaway.com/) | Takeout delivered to your door
[Expedia](http://www.expedia.com/), [Cheapair](http://www.cheapair.com/), [Destinia](http://destinia.us/), [SkyTours](http://www.sky-tours.com/), the [Travel](https://www.gyft.com/buy-gift-cards/category/travel/) category on Gyft and [9flats](http://www.9flats.com/) | For when you need to get away
[Cryptostorm](https://cryptostorm.is), [Mullvad](https://mullvad.net), and [PIA](https://www.privateinternetaccess.com/) | VPN services
[Namecheap](https://www.namecheap.com/), [Porkbun](https://porkbun.com/) | Domain name registration
[Stampnik](https://stampnik.com) | Discounted USPS Priority, Express, First-Class mail postage
There are also [lots of charities](https://www.reddit.com/r/changetip/wiki/suggestions) which accept bitcoin donations.
## Merchant Resources
There are several benefits to accepting bitcoin as a payment option if you are a merchant;
* 1-3% savings over credit cards or PayPal.
* No chargebacks (final settlement in 10 minutes as opposed to 3+ months).
* Accept business from a global customer base.
* Convert 100% of the sale to the currency of your choice for deposit to your account, or choose to keep a percentage of the sale in bitcoin if you wish to begin accumulating it.
If you are interested in accepting bitcoin as a payment method, there are several options available;
* [BTCPay Server](https://btcpayserver.org/)
* [Zaprite](https://zaprite.com/product)
* [Square cash](https://cash.me/)
* [Stripe](https://stripe.com/bitcoin)
* [Blockonomics](https://www.blockonomics.co/merchants#) (direct to your wallet)
* [CoinCorner Checkout](https://www.coincorner.com/checkout)
## Can I mine bitcoin?
Mining bitcoin can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to [folding at home](https://foldingathome.org/?lng=en). If you want to learn more about mining you can read the [mining FAQ](https://en.bitcoin.it/wiki/Faq#Mining). Still have mining questions? The crew at /r/BitcoinMining would be happy to help you out.
If you want to contribute to the Bitcoin network by hosting the blockchain and propagating transactions there are many [great resources](https://raspibolt.org/) you can use to [run a full node](https://river.com/learn/how-to-run-a-bitcoin-node/). You can view the global distribution of reachable Bitcoin nodes on [this webpage.](https://bitnodes.io/nodes/live-map/)
## Earning bitcoin
Just like any other form of money, you can also earn bitcoin by being paid to do a job.
Site | Description
---|---
[WorkingForBitcoins](https://workingforbitcoins.com), [Bitwage](https://www.bitwage.com/for-individuals/), [Coinality](https://coinality.com/), [Bitgigs](http://bitgigs.com/), [/r/Jobs4Bitcoins](http://www.reddit.com/r/Jobs4Bitcoins) | Freelancing
[Lolli](https://www.lolli.com/) | Earn bitcoin when you shop online!
You can also earn bitcoin by participating as a market maker on [JoinMarket](https://github.com/chris-belcher/joinmarket) by allowing users to perform CoinJoin transactions with your bitcoin for a small fee (requires you to already have some bitcoin).
## Bitcoin-Related Projects
The following is a **short** list of ongoing projects that might be worth taking a look at if you are interested in current development in the Bitcoin space.
Project | Description
---|---
[Lightning Network](https://lightning.engineering/index.html)| Second layer scaling
[Liquid](https://blockstream.com/liquid/) and [Rootstock](https://www.rsk.co/) | Sidechains
[Hivemind](http://bitcoinhivemind.com) | Prediction markets
[DropZone](https://github.com/17Q4MX2hmktmpuUKHFuoRmS5MfB5XPbhod/dropzone) and [Beaver](https://eprint.iacr.org/2016/464.pdf) | Decentralized markets
[JoinMarket](https://github.com/chris-belcher/joinmarket), [JAM app](https://www.youtube.com/watch?v=FbyjG2upGO8) and [Wasabi](https://docs.wasabiwallet.io/) | CoinJoin implementation
[Peer-to-Peer Exchanges](https://github.com/cointastical/P2P-Trading-Exchanges/) | Peer-to-peer exchanges
[Keybase](https://keybase.io/) | Identity & Reputation management
[Abra](https://www.goabra.com/) | Global P2P money transmitter network
[Bitcore](http://bitcore.io/) | Open source Bitcoin javascript library
[Bitcoin Knots](https://bitcoinknots.org/) | A Bitcoin Node (Within Consensus Fork of Bitcoin Core)
## Bitcoin Units
One bitcoin is worth quite a lot (thousands of £/$/€), so people often deal in smaller units. The most common subunits are listed below:
Unit | Symbol | Value | Info
---|:---:|---|---
bitcoin | BTC | 1 bitcoin | one bitcoin is equal to 100 million satoshis
millibitcoin | mBTC | 1,000 per bitcoin | used as default unit in Electrum wallet
bit | μBTC | 1,000,000 per bitcoin | colloquial "slang" term for microbitcoin
satoshi | sat | 100,000,000 per bitcoin | smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $10,000 for one bitcoin, a $10 meal would equal:
* 0.001 BTC
* 1 mBTC
* 1,000 bits
* 100,000 sats
For more information check out the [bitcoin units wiki](https://www.reddit.com/r/BitcoinWiki/wiki/bitcoin_units).
---
**Still have questions?** Feel free to ask in the comments below or stick around for our weekly [Mentor Monday](https://www.reddit.com/r/Bitcoin/search/?q=title%3A%22mentor+monday%22&sort=new&restrict_sr=on&t=all) thread. If you decide to post a question in /r/Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community, so please do not message them unless you notice problems with the functionality of the subreddit.
**Note:** This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification, you can [edit it here](https://www.reddit.com/r/BitcoinWiki/wiki/rbitcoin_sticky) and it will be included in the next revision pending approval.
**Welcome to the Bitcoin community and the new decentralized economy!**
Please note that this thread will be moderated and non-constructive comments will be removed. | r/bitcoin | post | r/Bitcoin | 2025-04-11 | Z0FBQUFBQm9YZWpSVnd6TXZCazh3c21wNTFSd1M3eEZCOU5jVEdLU0VaSGtZdTRVZ3hvT3ZSTDN4T2NQTXBXTV8waEZicHdIRFhBT3VfZl92SGlyMXZYR2t0UGlxR3k5ZlE9PQ== | Z0FBQUFBQm9YZWpSdDJtdnA3UDBrcG9aZllKV3dCRVJZdWw5RHhtaWI0dGVuLUFWUFBnNUs2Z05ZZ014MUFlT1RndlZnQ1VuNF9UcWZ2RTJIa0k0SnYzX0JRRk5ra1MzUXc2SGNjTUZ5TkVrbHlRS3JiTWZ1eFpCNHZHU2labXV1M0hmSGN5NklGdGJSb3J5c09jYU9JdHN5OUQ0MXgtaXNzaUdUOWZkY2NfUHZVbkRpT0JfZGw2WHpOc1NRVlpQLWFuMmRRVTRBUXdM |
Liquid Restaking Tokens (LRTs) have been gaining traction as a way to stay liquid while earning yield on staked ETH. YieldNest is now taking it a step further with **MAX LRTs** — designed to maximize capital efficiency by combining restaking, lending, liquidity provisioning, and yield farming into a single composable vault.
At the core is **ynETHx**, a restaking vault currently offering up to **12.5% APY**. Unlike traditional staking or simple LRTs, MAX LRTs use AI-driven strategies to dynamically allocate capital in real-time. This allows the system to:
* Automatically optimize for yield and risk across DeFi protocols
* Maintain instant liquidity buffers so users can enter or exit without slippage
* Compound restaked rewards and lending yields into a unified return stream
* Minimize manual management and reduce fragmentation of yield strategies
In short, MAX LRTs turn passive ETH staking into an actively managed, yield-optimized asset — without compromising on liquidity or decentralization.
The implications for DeFi are significant. If adopted widely, MAX LRTs could become the backbone of more efficient DeFi yield generation, especially as restaking infrastructure matures (e.g., EigenLayer).
Would love to hear what others think:
* How sustainable is double-digit APY in a restaking environment?
* Are we comfortable relying on AI-managed strategies in smart contracts?
* Could this architecture replace traditional yield farming entirely?
YieldNest is pushing a vision of DeFi 2.0 that’s more automated, capital-efficient, and accessible. But as always — curious to hear where the community stands on this.
| r/ethereumclassic | post | r/EthereumClassic | 2025-04-13 | Z0FBQUFBQm9YZWpSVmdMUEdSVmdsbWd3SThBRVFrMjZiU2hiMkZYOXNSdFgwZk5uVDlQN2gzUkRoa2djd1VlWkRZNUJxeGhnbjhuWkVpOHE0RlN6NS16bW5DeUowYko1UHZmQUdjZDlRWVFNNVVsN1BWS3VIWW89 | Z0FBQUFBQm9YZWpSYWVvSU5XeTctNkZ6T1AtaHo5VjR6YUoxUkpjSlJTdnZXWTFjSTRjVEltbWNxbllOZ3M1Y1NzdldKSjhsblJIOUgzbkZOTngxZUF6NzIxYnZHUEI5LUoxTkhBcGlhYmhENjQwRTZXUXBlV1dZRk5JUWFzaEVoWmU4bUpKcllsX0llbjZFVlhGLUR0MkxHZnlZcWVsakRXMldRNXNBdDhrQWpQN2Z0QW5EbzAzQTVQcmJ6SlpvRzFGd2xfcVppS3d2QzN1UDRIQndHZGQ0NVpKbXZwZlhLQT09 |
hey everyone,
Ive just noticed that since the end of January this year, my payout timeframe has doubled in length, by running Filestation, I used to reach a payout every 30 days, Now that has doubled too 2 months. Does anyone know why this is? is everyone else having this problem. ? | r/filecoin | post | r/filecoin | 2025-04-14 | Z0FBQUFBQm9YZWpSUWktQmxtOXV5a2llT2drM1A4N2RYNlZ0QS04NjJRNEM4N2RsYlQtTnVNaEZVWUh1MGdjWU1ieUc4aHluUlcxaFRQdVhiWG9QQWhia0NXZjlQNDdLb0E9PQ== | Z0FBQUFBQm9YZWpSSWhtZDk1d05BQk54RnJMMmdWNU5PZTl5cU1GeHI2LVh5T3ZOUDFacEhyTHlOVV82bWt6UFlMU2RJN0hiVWRIQWJvcFBxVE43UG9DSHFlckptTFotTG9hY1pXUG9LNGZxMXl3cEdiNjd6Y295dHpCbDZBRkYtbTJBUnRveGhKVVJLZjlpeFpCaXBGX1RiTEtDaWwzQlpvOC1qcTZiNl9aVnlMcUlwbk4xSWo2WExNcDZWV2NHRTV4VzhCOW5mSndw |
Glad to share some exciting momentum, Lighthouse’s year-on-year growth is on fire 🔥
😎Total Users: +48%
📈Total File Objects: +194%
💾Total Data Stored: +1770%
A. Checkout our website here https://lighthouse.storage
B. Post on X - https://x.com/lighthouseweb3/status/1912416906360897792?s=46 | r/filecoin | post | r/filecoin | 2025-04-16 | Z0FBQUFBQm9YZWpSOFdzdFZwdWl6eFM1THVDQW9zTElHTVBDdHZRN2N5RXRodDJ3RGlYTXlxNTYtWmpIS2VKMGRUd1FpM0dqNGhNSmNtWlpxdGJZdHZsdmg4aDFucVhwVlE9PQ== | Z0FBQUFBQm9YZWpSRm90MlhubEVqeGk2Qm5GY0oyMTVTakZ2VkNneUhDZ25RNjJyc0lYNkstZGJMT1o1Rk11RjJiaVpEd1BjMGNnS3I1NWV2bTl2b2hLODBJLUk2OHMtX21jVXJFZ3VZeTlzSXVyWkc5Rm9FLTFxMHJVdkRHRHJERE5Rek0wRzhtVkMwY243bkgzaVhMUDJkVU9zeWdYaDdZcE9MOFJLNXhOSHNfVGNhRjY4R1dkb3NEWTZua3dJY3BHXzBZX3c5d082 |
Hi guys! I hope you guys are all doing fine! I want to know from the forum if Ethereum Cash is still actually a valuable to crypto to hold into. I have around 1150 units of ETC at around 30 dollars. I just see the waveline trend and it seems that we will go beyond the 100 dollar mark. I truly believe it will reach 175 dollars by May 6th. Can you guys give me your most honest opinions? thank you. I hope everyone makes a lot of money for their needs. | r/ethereumclassic | post | r/EthereumClassic | 2025-04-16 | Z0FBQUFBQm9YZWpSTHNEc1piLVd2NWpBWTNhS25sVWhZb25MWTN1aVJESmwxaFBCaFY5dnIxWjVUNGh5MGtlaUNBUzRYRWUwdkl2S0R2OWoyb0FSSlZFbDBoZWQ1NWt1UTA4dV9WMXpTQXYtWDZZUEwtM2RWNWs9 | Z0FBQUFBQm9YZWpSUU5YU3dka2dTUnc3S1h0dzdiNEljVTh1Mmp4X3pjdWdMXzRwdExWSWtwbFNPZUxWWWo4Ry1xRUJQNUhpeFp6cUFHRG5JcHhoN2h0Y2ZENUNoZ0E3dzM0aFhacWpRZWFmWkJyV0hpZ1NfMkIxeWNkbFFaNmhFMXpFbUR6VkoyMTJ5VEIydy13b2czMXhTMGFrbk43RElxYWFIMTgxQl9Ed3pQMC1aM1h5NklrRHF6UEFLWmwwbjlzSXh1SEN1UmFO |
Everyone’s talking about Real World Assets (RWAs) being the next big thing, but most projects still don’t have anything live.
A few are actually putting real assets like stocks and bonds on-chain, with proper licenses and working platforms.
Do you know any solid RWA projects that are actually up and running? Would love to check them out. | r/cryptotechnology | post | r/CryptoTechnology | 2025-04-17 | Z0FBQUFBQm9YZWpSbWRqR1VQdGFyT1dRMFhyMHFkdUJOODJtVV9uVFFzanlQR0VKZkpJbXpKbzN3N2hkVXhPS0RVbFhiS0g5SlUwMTEwYXMwWXVZdU16XzAwOEVsNTlxLWROSXI0S3pmSXRyT3IyYXVZMDBESHM9 | Z0FBQUFBQm9YZWpSQWpYWFBiWVlJMFR3SXMwYjhOZXk3MGh3cmxHeWZ4VDRqTjJDd0t5NV9EYl9Hc3BZUjU4OFk2REdPNG1zcDJ4WmxOOXRhY18yZDF0aVZxNUMyUmQ5b0IzZXVaZzJPZldBUHpVZ0s0cDk5UWFwRy1IWDdHaURnc3dQV3RDWFN2dWxYSFhGdGo3OEtUSGxSWktpSEEtVG94Z1BJakVZUGR0eFhPX0d1QVVlb25leHRldjV2ZGg4eHAwRHV5ZE4xMmpTdzg0VHVCTHVCRjdHaUFOeWpwLVJqZz09 |
ETC was previously around 37/38 position and now it is outperforming some other coins. ETC has now regained more than ETH.
Could we see ETC take off before ETH and then propelled to the stratosphere by ETH when liquidity finally hits later this year? | r/ethereumclassic | post | r/EthereumClassic | 2025-04-19 | Z0FBQUFBQm9YZWpSMms0ZlFGc3lWYjM0NjBfMHlWQ0VaWkJVd2RibnhhTGJBeE9JWkFBY3ZpTXIyTndxTTFwRTIzbWZQUXRjYk1uRjY4TnBVeVI4QS1DRHhtS2pjMmQxdlE9PQ== | Z0FBQUFBQm9YZWpSemNCbzg2Y2xtWW1LTlhGTV95YUI4ZjA4bTFJa3NTVlAwU1l6VWdRSlAxNF9GazFtdjhqOEdBNWFpbkl6TU9hQWR2QXhFVkx5eWpPX1Y2ckt3SlBvTTRSVTVmNTJaT3VWcnV5bFphZmlGN2kzQzhwSGRLLUhsNnl4enBRX1JJMnBCX1V1T1ZuZ1NzWGdzaHQ4SU9pdEhNZHoxaEFYX2RPX2RtT3RiM0sxci1hazRlTUN2OHlGRjRRR0xmOFNYM19tUzJjRVp6WGY4clo5MHE3LTNBUkhoQT09 |
ETH gas fees at just 1 cent? That’s cheaper than most Layer 1s out there.
Ethereum just leveled up big time thanks to the Dencun upgrade.
Thinking of minting, swapping, or bridging? | r/ethereumclassic | post | r/EthereumClassic | 2025-04-21 | Z0FBQUFBQm9YZWpSYTEtbzZfWWtCQ0lob1BQTVI3c05EaEtSN1FwNjllTmM5Q0JUQVRBMnFiRFBkX2lPOW1pV2pRNmpHQVRfMTBNdlNUWjhlQ0NUbktRcW5YT1h0czJja3lSc2FfNE41X2ZDbHVacmpvU1hIWmM9 | Z0FBQUFBQm9YZWpSeWE2YUt0RnVsandKNVdqSWQ4YUFqUVF6MXZ4WHpmRWdWU0F0cTg4aEtldGp2RTlVZGlyaWhKMVZyZkRwaDJDejh2N0pZNkRrd1FTMmppdEJKYjgyTWswVzV4ajFiWlM2TVVVOGVwaWQwckk3QWx1VklZU2R6V2lTNmluWktRSXQxRmpRVHh4SXJpZ09vMTlBQlVKMDBTejNFa3lPZlFGS2FhM0JtN0tOOThNMjc2TEtGdDY3bEZtako3aEZ5Tm5CRnRmU2JQRjEtREtncDdVczZ3ZzBQQT09 |
TL;DR: The market for BADGERS is getting exciting.
Here's how to interact with the markets:
- Divide current the price of BADGERS (in sats) by 20.
- The above number is the effective annualized staking yield (APY).
- If the yield seems high, stake BCH for BADGERS to sell them.
- If the yield seems low, LP stake BADGERS on cauldron, until it's higher.
- Active users of BADGERS markets can reliably get more Bitcoin Cash.
Example:
Today, BADGERS [are trading for 70.4 sats per token](https://app.cauldron.quest/swap/242f6ecedb404c743477e35b09733a56cacae34f3109d5cee1cbc1d5630affd7). So staking BCH to sell BADGER would yield a roughly 3.5% annualized return, with minimal risk exposure for the underlying Bitcoin Cash principal.
The yield for Badgers is **higher** than the current rate for FBCH of 2.1%, and higher is generally better for yields with comparable risks.
This is hard L1, fully-collateralized, always-auditable, time-deposit, low-tech staking with NO LOANS an no funny business with the underlying capital.
## Intro to Badgernomics
Over the last six months, the market for BADGER tokens on [cauldron DEX](https://app.cauldron.quest/swap/242f6ecedb404c743477e35b09733a56cacae34f3109d5cee1cbc1d5630affd7) has crashed from upwards of 2000+ sats per token to roughly 70 sats per token now.
Typical pump and dump... right? Well, nope, not so fast.
The market for HoneyBadger tokens (BADGER) is about to get interesting, because it might be the **ONLY** active open intrinsically-priced decentralized token market on Bitcoin Cash. This is a fair market that users can affect, individually and collectively. And the token price and staking APY are closer to where they may be long term.
Another interesting, or boring, thing is that: a million people could lock a coin in the badgers app for a week, and they should **ALL** get their whole coin back plus 1000 BADGER tokens. (This isn't a Bankman-scheme). And since the BADGER tokens will always have some non-zero monetary value, there could be a million winners. And they can all know how and what they'll win from the outset.
Like bitcoin's issuance, the "Badgers Test" is a simple checklist:
- [ ] Total token issuance was contractually controlled.
- [ ] It has a fair distribution with issuance not directly benefiting the project owner.
- [ ] Token price is allowed to float based on intrinsic open market forces (not pegged to an extrinsic oracle or BCH itself)
Very few CashToken projects check all these boxes. Badgers does with Fungible tokens. The [Emerald DAO](https://emerald-dao.cash/) was an NFT project that passed the "Badger Test". But to date, I'm not aware of any other token on Bitcoin Cash that meet the above three features as cleanly as Badger.
WBCH and FBCH obviously peg to BCH, which is less interesting because we know 1 XBCH is (or will be) 1 BCH.
While there are certainly meme coins or NFTs that have contractually controlled issuance, and lots of token derivatives tied to other assets, BADGER is interesting because supply is NOT controlled by a single actor, and it's NOT pegged to something outside. It's firewalled. It's a realer market than a derivative. People in BCH can actually impact the price in a decentralized way. And it's not like the issuer kept a bunch of tokens to cash out later, meaning a single party could dictate the price.
## What is the Badgers Dapp?
[Badgers.cash](https://badgers.cash) is a decentralized finance app to get token rewards for staking Bitcoin Cash.
What do the tokens do? Well, for one thing, the token price indicates the prevailing rate of yield for people to stake BCH without impairment losses. So not only can users get a *yield* on locked principal value, which is huge, but everyone can also see the *market rate* for that yield, which is bigger.
Badgers uses the [BadgersStake](https://github.com/SayoshiNakamario/BadgersStake) contract, which anyone can view, interact with, or audit. And the total initial supply of Badgers was held by that contract. Anyone can stake permissionlessly. There is no way to withdraw that BADGER token supply except through staking. There was no developer reserve or Badgers Foundation.
[Badgers.cash](https://badgers.cash) has been around for a year, it was released around May 2024. The contract address can be viewed [here](https://3xpl.com/bitcoin-cash/address/pvgcl3xk6nwqlngkk09e7g67x5vxs57jv6v2q4qm4ct5yv4d3ppfgl3tq982v). And the tokens can be [swapped on cauldron](https://app.cauldron.quest/swap/242f6ecedb404c743477e35b09733a56cacae34f3109d5cee1cbc1d5630affd7).
Badgers was the second dapp on Bitcoin Cash to pay a "safe" yield. Along with the first app (EmeraldDao) & FBCH, it's "safe"er because staked coins aren't loaned out for interest, principal is simply held on the contract and released later with some bonus. In contrast to protocols where coins are loaned out to a succession or riskier parties, badger staking has less risk in practice, because it's always fully backed and easily audited at all times―like bitcoin.
It's very easy with BadgerStake to see that all the coins are on one contract, and that everyone who staked in the past year got all their coins back, with token interest. There's been about 1500 transactions, with 75 active stakes at the time of writing.
## But we had open defi markets already.
Ehhh.
There are protocols on Bitcoin Cash to engage in *currency swaps* tied to an extrinsic oracle, which risks the principal of an investment and doesn't directly impact price.
A swap is not a timed deposit, the risks are very different.
It's simply not a market if there is no price discovery. It's an unplugged controller if orders never really go to the lit market.
Additionally, there's a risk of loss of principal. If someone hedges 1 Bitcoin Cash in a swap at the rate of $350 for a pre-rebate or coupon, they're risking a fraction of their principal in coin denominated terms. As an extreme example, if it was revealed tomorrow that the President of the United States promised all national stockpiles of gold and weapons to another country, and the price of Bitcoin Cash shot up to $350,000, a hedge position might only get 0.001 BCH back in principal, for a couple percentage prebate.
It's not really a straight yield on principal, if the principal can be lost.
On the other side of a currency swap, someone can take a leveraged long position, but they aren't really participating in a market if the strike price for the swap can be determined by a single party with a lot of dollar tokens and advanced market making capabilities. So someone bullish on Bitcoin Cash can risk all their principal and not be participating in a decentralized market, if they enter into a leveraged currency swap settled by an extrinsic oracle.
Places to speculate on asset prices in ways that don't impact the markets have existed for hundreds of years.
## But there are lots of token markets...
It's also possible to "stake" assets (BCH+tokens), but again, there are risks.
Automated market making on BCH involves placing both Bitcoin Cash and some token in the same output or vault.
If someone mints 21M scamcoin tokens and creates a market where each one of those tokens starts trading at 1 BCH, it's not really a decentralized market if one party starts with the entire token supply and can dictate the initial prices.
To provide liquidity for a token that a single-party issued is risky, because the LP staker must hold the token on their books. In practice, the issuer of liquidity creates considerable downside risk for any party that didn't control the entire initial supply of tokens, unless all the tokens are provably issued to a permissionless contract.
It's trivial for someone to begin an AMM market high, and harvest value from parties trying to state liquidity at inflated rates. When someone stakes a token at a high price, they're essentially offering to buy more at that high price.
## Moving Onward.
Badgers.cash has grown over the last year from an app with 10 BCH TLV, to an app with over 150 TLV (at times). If Badger Staking offers the best yields in Bitcoin Cash (better than FBCH), than liquidity should go to Badgers. Some kind of positive yield, no matter how small, is higher than staking in an app with no yield (like the HODL-EC plugin for example).
With the way Badger works, the user chooses a predefined future locktime to hodl to in advance. One of the nice features of this setup is that locks can "auto-complete", anyone can execute the code to repay the staker their original funds and BADGER tokens. Which is great for getting everyone paid back.
A competing app could be more responsive. Markets could be more responsive, and users might stake more liquidity, if a dapp offered the flexibility to unlock at any time. So someone might choose to keep the bulk of their reserves staked and simply wait for the price of a token moved slightly higher, then they could unlock and sell dynamically in response to the market. Or if the positions were tokenized and could be released for liquidation as NFT keycards in response to the market.
There will soon be new dexes, new auctions and new uses for BADGERS in vox.cash. It will be possible to create transactions arbitraging orders across transactions. It will be possible to subscribe to apps using BADGERS tokens.
But for right now, anyone in Bitcoin Cash can collect some free BADGERS by staking. Anyone can put in a little money, see that it's locked, and see that they get it back with some positive reward. There is no outside lever to rug or liquidate everyone's claims.
Right now there are 75 locks on badgers.cash. There could be a thousands locks, or ten thousand, and all the money can be seen and accounted for at all times. And everyone should win something, individually and as a group. | r/bitcoincash | post | r/Bitcoincash | 2025-04-22 | Z0FBQUFBQm9YZWpSUDBwYnFfcWZCVmFzb2JpbU5qbmlkT1NUTVpyQW9NSllsTTItYnBJRDNhUXphWWNDbm00OEtuMDhfX1pCNC0wVnk5bTM5ZzVhVzdMX3B3dHlYdnlESUE9PQ== | Z0FBQUFBQm9YZWpSOFA1aGhKRWl2MXdrMXV1RXhUVjEtNDFZS2x0X2RDdzVlcTcyRzJ5MzJfaFRoUi1Gak03dHdhTjRPMmcxMGZ3MktYYXdWbGFNUFJsQzJvM21YMmkxcHloNUpzdFN4TVp3dUZRVUdhYmprQzI5OXh1Q2E1QmxSVllvdlV1VHFuNk5NZUZ6bWFfX3FoNDhzeTlDT1I0S1g3ZWk5UTRVeFlqS1JNX2lwdjhTZnNnVk9DRlVrSE9ZWEtJd3NZYUhUZXZTTFZPRUtVN0xoY2drWFkxVmt3NC1QUT09 |
Getting set up to sell BCH Global Lotto tickets to get paid BCH instantly is super easy! Selling tickets is even easier when you break it down to the simplest concept that anyone will understand - it’s only $1!
Let me know if you want to get set up selling or you can head over to the “Ticket Seller Rewards Program” in the menu on the site: https://bitcoincashgloballotto.com | r/bitcoincash | post | r/Bitcoincash | 2025-04-22 | Z0FBQUFBQm9YZWpSV2xWZmdKUEhIU3F5c1hSMzlpTHJDbTB6aTU4Mk1NVjk3dFNwUzN1MFZ2clJnZHZlZEVZZl9zemE1YzB0bTNsSFMyUWQwd3U5T3g4cGVxNVlIcGU5dUE9PQ== | Z0FBQUFBQm9YZWpSbkM1NUU1V1hqVF9zWVQyMnV2MC01LTNLYVN0aE5lN1V3a3NIQW5EN3FDeU9SOFA2VzFPN3o3cTB3QnBnQVdUN21RZ09NTTFxbDRGSGNCa0hPNGZCVEFWT0ZJc19vSHpsX3JYSF8xZlc1YmNaZ3lKMGQzYXI2QjFocktiWDE2SmdMY2JPYkR0RVdjS29IUGFfMjBMS0xHaVBhQktuWnRRLVc4Wm5Mblg1MjFBQTFJMHdfc09zZFU4dmhPOXJocjhFWUNnWkdGX2U3MzcxTGFWMUxIYlpjQT09 |
We’ve been digging into how crypto payments are handled outside of exchanges - specifically peer-to-peer, freelancer gigs, client work, digital product sales, etc.
There’s a lot of infrastructure for sending tokens, but **the actual user experience** still seems rough:
* Wallet addresses shared manually
* Unclear chain support
* Payment amount conversions done off-platform
* No trust mechanism for completion
If you’ve ever received or sent crypto for a service, we’d love to hear:
* What’s your current setup? (Wallets, steps, tools?)
* Do you use fixed tokens like USDC, or just go with what the client has?
* Have you had issues with chains, confirmations, or wrong tokens?
* What’s the one pain you wish someone solved?
We’re trying to better understand where the real friction is.
Not promoting - just trying to learn from folks actually dealing with this stuff day-to-day. | r/cryptotechnology | post | r/CryptoTechnology | 2025-04-23 | Z0FBQUFBQm9YZWpSdEdRSVVCazBYaEhiY0MzUG9VTVYtc1B5LTNzWVppQVNfd2t6YkM5QzNIWVU0Y3hERTJXd3Bsckp3X2xGajhObVZSbXhJODhvTEpBY25QaFIycl80OFE9PQ== | Z0FBQUFBQm9YZWpSa1hrS25LSERiejBGczk1MWxJRmhxdnAxdzgzZEJ0MVFURC1CTDNMUEJ5V3czRnJ4MlREUVhUV3VMcldFbkxMc25aeWkwQXp2RWNYeGFGdUs3c0gtcE9RZHF4SEc1Y2dqc1JFeGlma2JUeGJyLU9sd3ZGb1ZwMlR1aWI0bXNyb05scnRqdlVmX2Z2X1hWRldpdjRDc2txTVNyanRkbXRKbFBnTFpQZHJOZHBHVTI2R1VmTHZud19WMThGcUhSRWZFLTRKbi1SVVFhd3NsSUxYOG5JR3MwUT09 |
An auction is a set of rules or procedures to accomplish three things simultaneously. Those things are:
1. Price discovery: determining the fair market price.
2. Transfer the title of ownership.
3. Determine the buyer, or who will be paying the seller.
There's a group of people, the bidders, who know the auction rules to participate to fulfill their economic needs. There can be different rules for different types of things.
There are FOUR common problems that can result from a typical auction:
- Buyers not paying,
- Buyers not picking up,
- Seller not getting paid because buyers didn't pay,
- And finally, sellers not collecting unsold property.
But since Bitcoin Cash has a very capable scripting system, we could have a perfect auction that accomplished the three functions needed and prevented the four property/payment problems perfectly.
With CashTokens, what we need is one transaction that remits payment to the seller, and releases the token for the buyer, while allowing anyone to bid at any price.
Auctions take time. Bidders need to know that something will be sold, & about when. Bidders need to research authenticity, the current market and plan their overall strategy.
In a Dutch Auction, a successively lower ASK is called until someone bids. The first and only bidder wins the lot.
A Dutch auction may sometimes transition into an English auction. In an English auction, the ASK goes up in regular increments with successive bids from different parties until no one wants to bid higher and an auctioneer says "sold".
So to do an English auction in bitcoin, we'd need to keep track the current high bidder, their bid and (since we can't put that info on the NFT being sold), we'd need some way to link or refer a bid to the token utxo.
In a bitcoin virtual machine, there is no global state like with an Ethereum virtual machine (EVM). While it's possible to write an [English-like auction system](https://github.com/BitCANN/contracts/blob/main/README.md) with CashTokens, a Dutch auction is much more straight-forward because it can be done in one transaction with no need to keep track of the bid, bidder, or link to the lot being sold.
Again, the rules for a Dutch Auction are:
- Start at some very high price.
- Go down in regular increments.
- The first bid wins.
Dutch auctions are great at getting things sold―they're great for throughput.
If we use the same ridiculous price (maybe 50 BCH) for every lot, then the only state we need to keep track of is time, which is already available on every bitcoin output since 2017.
So what do we need to say in bitcoin to make this auction happen? What does the auction contract need to check?
- An output MUST be a version 2 transaction (for timelocks).
- The output value MUST must be higher than the ASK.
- An output MUST pay the seller the current ASK.
- If using block height as time, we need some checks for that.
We don't care where the buyer sends their new token, that's unrestricted, or restricted by consensus rules already.
To list tokens for sale, a seller could send their tokens to a contract where the ASK is always 50 BCH divided by the age of the unspent output in blocks, and anyone would be able to create a transaction spending their tokens and paying the seller the fair market price for their token.
The above logic in CashScript (// BitcoinScript):
contract DutchAuction(
// Opening ASK
int open,
// LockingBytecode of the consigner, the address receiving payout
bytes recipientLockingBytecode
) {
//
function buy() {
// Require version 2 for BIP68 support
// OP_TXVERSION OP_2 OP_NUMEQUALVERIFY
require(tx.version == 2, "must use v2 transaction");
// The minimum relative age is the opening bid divided by the ask.
// OP_INPUTINDEX OP_OUTPUTVALUE OP_DIV
int requiredAge = open/tx.outputs[this.activeInputIndex].value;
// The age in blocks must be in a valid BIP68 range
// ffff00 OP_OVER OP_GREATERTHAN OP_VERIFY
require(65535 > requiredAge, "open over value (required age) must be less than 65535");
// Enforce the minimum age.
// OP_CHECKSEQUENCEVERIFY OP_DROP
require(this.age >= requiredAge, "bid too low");
// Check that each output sends to the consignor
// OP_INPUTINDEX OP_OUTPUTBYTECODE OP_EQUAL
require(tx.outputs[this.activeInputIndex].lockingBytecode == recipientLockingBytecode, "must payout consigner");
}
}
The above code works out to 26 bytes for the auction logic on the blockchain.
It looks like this:
c2529c69007ac0cc9603ffff005179a069007ab275c0cd517a87
With the balance of the auction contract, showing the age of the lots, no special service is needed to calculate the ASK. It's decentralized, use your own computer.
After 1 block the ASK is 50 BCH. After 10 blocks the ASK would be 5 BCH. After a week (~1000 blocks) the price would be 0.05. After a month the price would be 1.25M sats. After a year the price would be 76k sats, which would be about as low as it goes.
There's a lot of stuff left out:
- no commission
- no premiums
- no auctioneers
- no volley of bidders
- no cancellations
- no welching
- no unsold property (of value above 76k sats)
Bidders would have to pay standard transaction fees to miners.
But sellers don't get a free ride. Sellers that no longer wished to auction their property could cancel by buying their lots back. They pay by expressing what price they believe is too low, just like everyone else. They'd have to pay themselves the current ASK, and pay miners a fee for doing so.
It would be easy for a seller to list 10 NFTs (or 1000) using a single contract address. The seller's auction contract is just a token-aware bitcoin cash address. They could send tokens to it from any wallet with support for sending to such a CashToken aware address.
The auction contract is designed for arbitrage. A transaction could be built simultaneously buying purchasing a fungible token at auction while swapping the same token out for Bitcoin Cash on a compatible dex like cauldron.
The parameters to find an auction contract on-chain are just the start price and the seller's address. That data would fit in an the size of NFT commitment. So sellers could announce that they were having an auction, [if/when we had a CashToken powered social dapp for that.](https://fundme.cash/campaign/28) | r/bitcoincash | post | r/Bitcoincash | 2025-04-24 | Z0FBQUFBQm9YZWpSd3Y5ZGtDbFZwdTVDdW1WMUpuTW9xd3h3NUo2dmFOUld4aHZ2X1ozYWltT0VmMDZyNml5U3BZckFXbzE5S0ZCYnB6NlhHcjJ1R0hJNFR3V1NvSnZvaFE9PQ== | Z0FBQUFBQm9YZWpSdm1sRy1hUjdyTTBxQWFJaWgtbXgzSTB1cTNtRXljZWhEbTB5VGRrZWlmRzdpbmhQS01RR3hockE5VVhtS0V2OVY1WkgxajM1VE5xQ01qRXlfUjRYYnYzQjg2OWlqTnd3SHZBVzJ3TFpoZUhiTWhrZlkwZ2ZZUjlMcG16cEdNSXF5ZjRNeUx5SVFEalZTWDFQMlRtVzZFaHhydXhCdlgtWW51UWJpc3d0Ykwta0xCNTBFWjA0SXU3WHl0VUhCZDJ0 |
Something | r/bitcoincash | post | r/Bitcoincash | 2025-04-24 | Z0FBQUFBQm9YZWpSY2F6NzNDLVVmbVJxeFdQNXpQUkdiajdNOTZIQXpSb2FGR1ZhRTdqVk9wc0hDa1RVeE8tTk81VWJkck1ZVGwxSHI4RjE0Z2RVZFRHZnpaMlV0d3ZLeUE9PQ== | Z0FBQUFBQm9YZWpSamJYUXZuY0dxOFBFTkNzUExfME40M1ZnMTZBcTR5N2lRelFTWWMycHdSanVmSmgyTmF2eWYtdWwyc0lOZTB3QVI4TWZLN2s5dl9DRGNNa3gwNXg3MkpTRDI1U2ZlVHFiTnkwbkowVVh4UGZLQXlRS2hKWTZyNFlyRUZDQ0ltcmRBOTI5WjROR3VtUXVCUnVNR2xuUFJTaXhRVEhWc3RMVG45MExDTUpMWTNibzhSQWk1R0diU3VkQk95M3dEdVJhcURaU011bjZ6aE9LZnNRNUpYODQ3dz09 |
Oligarchs have deleted all copies of the graphic novel "First Woman: NASA's Promise for Humanity" from US Government websites.
[https://nasawatch.com/education/you-can-still-read-nasas-deleted-first-woman-graphic-novels/](https://nasawatch.com/education/you-can-still-read-nasas-deleted-first-woman-graphic-novels/)
If you understand why we have go to moon, some bitcoin in an irrevocable trust may help you get there. Save the world then we'll balance the books.
https://unspent.cash/moonshot | r/bitcoincash | post | r/Bitcoincash | 2025-04-25 | Z0FBQUFBQm9YZWpSSGVSRnU1MVNfZF9EQnFoRk40UGV1T21WSGdsam0yeklMdEItNk5JeF9jWXNQeXBYNjdGUXpXQmZxT0ZITVVRM0cyb3g0TWVDa1E5RUpHSHJtSHB0dXc9PQ== | Z0FBQUFBQm9YZWpSYTNpSmUtcHl0TGlQVUlOWmR3U1pvOWxJb1hnb3BLQWFNY1N4M2dlVUZTUG1PN1BwY1pyRVBTOFEtLW81NzJvMXFGVWNnMkRjNVphblhtQUpRYnFUVGZ3MS0wUDlKNno4c29MT0lYLXA5NXAwWmhYam5IYTZvZzlyaWhQX09OZXFLNjZpRFZaV0lpTzY0MEswSTJ4ZGRHRjZkQXFaVklMU3BwM2Q4UURxVWZfaXZvMGFQVmV0VTJDV21hb3pDS0kxUXRyMjEzb1NDcFZ4dnNMU1diWDVmZz09 |
Treasury proposal to fund ETC development.
What I don't understand is where the funding will come from. | r/ethereumclassic | post | r/EthereumClassic | 2025-04-25 | Z0FBQUFBQm9YZWpSeWJWNEx5OXg5T0NqaGJQWGJEbEhwSXJneHhyWHN3MHQxYnktUmEtNDBQQmZPYURXUmRlc3dNaGFrX19Ha1FEVGNrdHdwMVA4OEtESWt0SEhFcnBiV2c9PQ== | Z0FBQUFBQm9YZWpSMkdwLWV3dUM2T2tfT19ialVvaHpFSmhyUFB5SzQxNjJ5enNFbW5NcjlWZzBFY0xXbnhjSi1jR0VHdFNfaFhWLXV5ZkV6Y3p6WFJjTGRoM29uUGZGQVBnLWVEVmpPQUFEME84LThfazVWRFljaVBLOXBERFdZamUzNWtGWTROcm83WEY1Wk5ZR2xRLWMxNkM0SGUtaEtfVFEyS3VpV1ZpLVNvZUZ3eU1pbnNsN1JkelZmbG9sQjFZdHN2Ty0tcjU1 |
We are building an L1 that tries to combine default privacy with regulator-friendly opt-ins. Most of the algos are post-quantum. Before we go too far down the rabbit hole, we’d like the collective brain here to poke holes in our design. Below is the short tech rundown, please shred it, point out attack surfaces, or call out anything that smells off.
|Layer|What we use|Why|
|:-|:-|:-|
|Confidential TXs|**Bulletproof range proofs** on Pedersen commitments|No trusted setup|
|Stealth outputs & leftover change|**Kyber512 KEM** \+ HMAC| Post-quantum KEM wraps per-output shared secret; hides recipient and leftover metadata|
|Signatures|**Dilithium2** |NIST-selected PQ signature|
|Consensus|VRF-based Proof-of-Stake|Fair leader selection, partial-reveal stake|
|Partial stake reveal|Reveal minimum stake only|Validators prove ≥ X tokens while keeping full balance hidden|
|Optional disclosure|Planning “view keys” and multi-sig audit scripts|Let regulated entities open data selectively without backdoors|
|Node language|Rust|Because|
|Wallet|Rust|Handles Kyber/Dilithium, stealth scan, auto-roll key rotation|
Thoughts?
| r/cryptotechnology | post | r/CryptoTechnology | 2025-04-27 | Z0FBQUFBQm9YZWpSNC16U0VxQVRVVUZueWFzNUxIZTdNeGRHNnFGM3JQY0tya2F4WTh3WHI2MENoVXNUUGFIN0N5d2NmNkxHM1NsbzZWc0ZuQUxabFdXVTY2cm1OdEFpZnBMT3FudkV0cTJxN2UtbmZ5WXlXNjA9 | Z0FBQUFBQm9YZWpSMUdmWmcwUUF6dnlKZlk3Y25wWlpabUlLZE1uNl9idTk4eTBRZjdMVUNTX2hnQWdOTUVyM2tBQ2ZtXzhoa3RORmtzUEhIa3VFSlNtWUtkeEtqVFhxcTdXSjlpYnRONEk4ZUJPNHlXVloyREF5azdMeDlpN2ptcmdFR2k3eThydVQ3bm5jeExfUEtfNlR0djFBRGVka0VwZ3JMaEVvWE8tQWZOM1dwTEJhMGNnPQ== |
Hi,
Few days ago I launched new feature in my crypto mining pool called "Ticket mining" available here
[https://minemine.online/party](https://minemine.online/party)
It's feature directed to those who would like to mine some crypto but dont have any miner.
Idea is very simple - buy ticket and use it in any mining party you want. At this moment you can mine BCH, XEC and BTC.
Any feedback is very welcome!
| r/bitcoincash | post | r/Bitcoincash | 2025-04-28 | Z0FBQUFBQm9YZWpSWDlWeEJsOWc5cS1DV0dxNUJ6aHJrVVBaTnROSHlyYmQ1bmEwb01OS1ZtRnFnTUtHY2o3RTRlYlRXYVNEQnFvUGtwNlZHNkZycThXSnpNeThMUk1fS0E9PQ== | Z0FBQUFBQm9YZWpSc3VvV3hWQ2wtMGI5TUtORG4tYjdaNXJHcE1JU1FQX0FUUG1GNnFrbS1CWUd6a0JFMG9LWUJOSkJyMWpwTUJZNk9iQ3dxOFR1eV95eFBvZEJETGRUZE05RkJZT1E3SGU5NWlmZHVUeGVuNzVsV0FnYklvc2F0SHZQQTA4RUkwR1FfZXNYd1hZbF84V1U5YXYxOTdxVERMSk5LbUp4NzVhNzdCd2pSTk1TYkdYS0xfVFQ1M0EwX2F3eGRfZmxvaXo4 |
Grab your tickets at: https://bitcoincashgloballotto.com and sit back and relax. If you scoop the jackpot, it will be deposited automatically in your wallet! | r/bitcoincash | post | r/Bitcoincash | 2025-04-28 | Z0FBQUFBQm9YZWpSdlpGR241ak05VnB5RlRqazRJQ3kyc29RQTFQbWFZNWZ1YUxJcG14ZEo2Q0RveUM4N0Z2YVhwZ2J2UHBJSVh5a0l1MmQybko1NE5vUWlLcGRpNlMyaUE9PQ== | Z0FBQUFBQm9YZWpSRUt6YTYwd2ZCLWpxSzY2X1hvTFZ3X1pNM2o5QU5CVUZ1ZVB0dThaQlpERlBzMXFhelRibW1OQl95YzA2ejJENzJwRkxKanNzeHhRLVdneDluek1RWTV5bXNwUUFWVHhlU2lfazBPMlF1WWlYZU5XVWtlaWlvd2tMYV81aEM4NkxhZXBUNDdPNzhfcmhtU0ZEbnllWGZYbDBoeTRPanB0U2tIZ0p6S2kxclBKVU1ZSlhLWjFwUmNyYlRmbWNtY2FNOGhmTUNudGRYOFBveHJFZ1dWSWM2dz09 |
Hey everyone, I hope you will find this helpful. Please chime in to refine this. So, my project is using zero-knowledge proofs and I am finding out that people who are not familiar with the concept (and even those who think they are) are struggling to understand it. I came up with a story below to help non-technical and technical people understand how this would work on a blockchain.
So, here goes:
John has $1,000 and needs to send $100 to Bill. Nobody can know the amounts that are being sent or how much money John or Bill has.
Let's break this down.
1. John owns $1,000.
Instead of waving cash around, he seals the money inside a thick, light-proof envelope. Before he seals it, he presses a special wax stamp that embeds a cryptographic code tied to "$1,000 + some random noise." That stamp is tamper-evident: anyone can scan it later and be certain nothing inside has been swapped, yet the scan reveals zero about the real amount.
The stamp fixes the value without exposing it.
2. Splitting the funds - still in the dark.
John now prepares two new opaque envelopes:
\- Envelope A (for Bill)
\- Envelope B (change back to John)
He secretly puts $100 in A and $900 in B, adds fresh random noise to each, and presses a new wax stamp on both. Again, the stamps hide the figures but lock them in place.
3. The referee's balance test.
A neutral blockchain referee (software, not a person) receives only the three stamp codes, never the cash. With some clever math the referee checks two rules:
\- Conservation: "Stamp(original) = Stamp(A) + Stamp(B)"
\- Range proof: each new envelope holds a non-negative amount (no hidden debt).
Because the math is homomorphic (computations can be performed without decryption), the referee can confirm both rules without peeling open any envelope.
If the equations hold, the referee signs a one-line certificate: "John's transfer verified - no amounts disclosed."
That certificate (the zero-knowledge proof) is what gets written to the next block.
4. What the world sees.
\- Everyone can audit the certificate and know the transaction is sound.
\- Nobody learns that Envelope A contains $100, or even that Bill is receiving $100 instead of $5,000 or $42.
\- The original and change amounts stay private, yet the ledger's arithmetic stays perfect.
Summary:
Zero-knowledge proofs are like tamper-proof stamps on opaque envelopes: they let the blockchain confirm that John's $1,000 was correctly split into a payment and change without ever revealing how much cash sits inside each envelope. | r/cryptotechnology | post | r/CryptoTechnology | 2025-04-28 | Z0FBQUFBQm9YZWpSYXVFM2RmUlZEejZMdnpOSlRyRl84RUFEWFhGSGJ5TUphakhhdVI4LVJUaEdhV3FxTXNuS0pidGZtME5lalU1ZVRJcTlCek5hSnBOMVcyZ1h4dFpPUllCLVA1NDFwNG1Ja25DTU1WbFk1Rzg9 | Z0FBQUFBQm9YZWpSdm9mMXlib2dScEZvREtKVlMwdDhnY1dqZXBoZnJDbGFzMEVRTElIbkpHLVo0OUw1dVdyTFFwMGVhZW1mT1F1Yy1vZ3dsbG9aRW9LR2ZPek1JQWExS1dOUjN0OE4wOEJSNXdlNllSUFNQRGo0QndWYm5ZZWxUaHRGZzJpZUtZcWtkeW56SUJVemlPT1NhdTM4MXRrSlFaUktUWjM2X0xxTkxwOFdRZ2tRMnpEY3dqZ2xHQjgwYmVfLWZWT0FwdWpK |
**Major update:** general Bug fixes, improved Stage & GFX, new BG GFX: Infinite Cosmic Space String v2, new GFX: Nebula, new GFX:procedurally generated floating platforms (pathways), 1x new weapon, faster rendering, Shader GFX.
[Read.Cash](https://read.cash/@Gigamegs/spaceship-major-update-9fd266c9)
I’ve really enjoyed creating it so far and have plans to add more features soon.
Thanks so much for your support! | r/bitcoincash | post | r/Bitcoincash | 2025-04-29 | Z0FBQUFBQm9YZWpSMlJnejJLcXI3bFY4RkJXNzF4WkYwTjRMNGg0S1FjME9iVGo4YkN0aDFKNF9oYndPN3J4cTMtY1BFdXZmZEZEME9pUmwzZ0VOUnhab0tKeS1IaXBZNGc9PQ== | Z0FBQUFBQm9YZWpSVTlDNFh2cVlncFpUQnBQcE91dVg5eXhwOUxSdnRPV1ZQN0FFUHMzdmVsNWtjSFpjVFpyTFlsMThlbTBsN0UzbldaUnZFSkpNblJ1eklSSmE0ZjcxM3hCZU1WNUhsaU8tMWtRM0w5eHhJU1YydHExc1ZqZEtNQk9RYjdNWDYwVDBIRVp3b2pSNEFLZUZGQ2x4cEZxOF82aFlnR3VlU25oYXNIOHNNQVplQ2s2NWtfTlRuR1FMeVNQZmY5RjhBZWRoblhOU3dBLTdnNURtSlJadWoxNGJWUT09 |
Get your Bitcoin Cash Global Lotto ticket for just $1 in BCH and be part of the future of lotteries! 🌍💥
Secure, decentralised, provably fair and transparent. How many National Lotteries around the world can claim the same? 🤔
There’s much more to come with new, exciting features around the corner to make your lotto experience even more fun! 🤩
| r/bitcoincash | post | r/Bitcoincash | 2025-04-29 | Z0FBQUFBQm9YZWpSdEoydG1FOVktaFN1SmZNeTl6S2hRLVQ0cW5MSjFfUHl0Ri0td01wbUxqUEdlREk3VUhNQWRIRFlHNmxLaWs1U0RIYXJTVlVJNEJleFJTV2xnZy1IU2c9PQ== | Z0FBQUFBQm9YZWpSd3FTbmh2OTNjMGFISTJxeklMTW5QNm1MS2RqWkVUSmZ3anlUVmZ6MWoyMWx6QkdOOVRjMVp2d3dpRHhsYjFoZDJUUkVabHRQbGxyb3RaQS1CeWNWa2hKMjdHXzRUSlVnZktiaVVnSXAxaHM3VXlIdi1yWGxEOUtSRU5JcEVpZjl2bjliVzJ0WW5xWHhyajQ2RXU0TU9JOVdrMTRPQnN3S2drM1pnU2pmUHg5VUFyZ3RCM3NUQXR0N2FSUEFfV2Q0 |
I recently came across an intriguing article that explores how peer-to-peer (P2P) technology forms the foundation of Bitcoin's decentralized architecture, significantly boosting its resilience, security, and accessibility.
In this article, they examine several critical aspects:
* **Decentralization and Resilience:** P2P networks effectively eliminate single points of failure, guaranteeing continuous operation even in the face of attacks or outages.
* **Enhanced Security and Trust:** Consensus mechanisms play a pivotal role in validating transactions without depending on central authorities, thereby enhancing security and trust.
* **Financial Inclusion and Global Access:** Individuals in regions with limited banking infrastructure are empowered through the ability to conduct direct transactions.
* **Lower Transaction Costs:** By removing intermediaries, transaction fees are significantly reduced, particularly benefiting cross-border transactions.
* **Privacy and Autonomy:** Users can transact directly without the need to disclose personal information to third parties, ensuring privacy and autonomy.
* **Scalability and Efficiency**: The distribution of transaction processing across multiple nodes contributes to the scalability of the Bitcoin ecosystem.
Additionally, the KIP-31 proposal from the Koii Network, presents a framework for integrating Bitcoin-backed rollups into the K2 network via a drivechain architecture. This proposal introduces the innovative concept of permissioning incremental subnets using Bitcoin ordinals.
You can read the full article here: [https://medium.com/@bobnymous/unlocking-bitcoins-potential-how-peer-to-peer-innovation-and-kip-31-could-transform-the-ecosystem-cde8d879fc09](https://medium.com/@bobnymous/unlocking-bitcoins-potential-how-peer-to-peer-innovation-and-kip-31-could-transform-the-ecosystem-cde8d879fc09)
And the KIP-31 proposal here: [https://github.com/koii-network/koii-improvement-proposals/issues/31](https://github.com/koii-network/koii-improvement-proposals/issues/31)
What are your thoughts on the current state of P2P technology within the Bitcoin ecosystem.
What is your perspective on the potential implications of proposals like KIP-31 for Bitcoin's scalability and functionality?
Can't wait to hear your thoughts and dive into these interesting topics! | r/cryptotechnology | post | r/CryptoTechnology | 2025-05-02 | Z0FBQUFBQm9YZWpSYkN1bFBiMGxVSG5vWGF3MU1SUHU0Sjc5UUJTSUNpV092Z0VyN01BMXdDSkU0ZXBSYU1lSDhVODliUVQydTJ3Z3lTUjUzYmZpY0JtOGVKWWZNUEJjVGU4Mi1VdXhaZVk2N3lLc3pQeXcyck09 | Z0FBQUFBQm9YZWpScHVIMVBaWkxIb08wTFR5czBTcnU0bzVhTGJVZ0t6TmZCbWNLcWZmLWlVQVFiVFc5Ui1qaHN1REN4bEpYY0M1WE5HcFZMaWhqVV9VbWJWdDh4NGhadWJweS1SMC1BcEdaMkZhTmNVa3o0N2VEeEpXM0dlVVB2R1lGbzZtRHo2S0ozb3NSWk1pWkw4N1dBa1o5RmdMWDJXZ0xGSzZvT1pOY2tXUWNkbWJFcGdneHhxUXlodnJNT1ZJMnJQYkRHUlhHdUdwbnhpbmZjSVNXZGJ4OHBiSFdMZz09 |
qzu9mypqts9fk4rdfslsfs3ff22enrs09uwuc09523 is one of the sending addresses, maybe someone is able to idetify whom and why
every sending as receivingg address onf mine got those 0.00001 BCH, even swept paperwallets
I added those 0.00001 to an exchange transfer - ***now those BCH are Locked and I shall prove the origin*** (what a madness) ! | r/bitcoincash | post | r/Bitcoincash | 2025-05-02 | Z0FBQUFBQm9YZWpSc3Vka05mdGpjQlVBNmkyNkk2OFpIRU5lQjVoZmJ3NW5pb1dXUS1sZDVhQTBCaFJMVDRaUDFqX1ZldEEwZzhmWmUzVWRJa3FDUmhXZl9zeFp6YkFfUXc9PQ== | Z0FBQUFBQm9YZWpSaFoza3kteDdfbWxLeHVTNHY2cW1QcGJhcXlVZFFMeVdVd1JyLXJrMWpYWGRxLTFqWUlsd1ZqQWJfbFJPazhfbDN1WVlWLUhfY0xlWWpMVUVjNkJhc09WbVpiSEZlWm5yZU53ZVlYR0tFMGloUkxwTGdxRzJOTnVmakppYl9yOVRTcDJfQ2J3RDdkakphaVJfR1VwNHI0NGV5YjFaX3RHZ2wtbWtsNTFiRkJ1RWRKMU16VlhTd1p4ek5sczYwYU9Bb192ZDJ3c0lVLU1Oam1VdzZQOGFBUT09 |
I was playing around with Slingshot trading wallet, and I am particularly impressed how close the experience is to a centralised exchange.
Does anyone have any idea on how the app abstracts away gas and the chains? The flow is the following; you onramp with some USDC and then you can use that USDC to buy any asset on any chain. I don't have to hold any native chain gas fee token as it pays with my USDC. I wonder how they've done gas abstraction here and what technology they use for bridging. | r/cryptotechnology | post | r/CryptoTechnology | 2025-05-02 | Z0FBQUFBQm9YZWpSN01xdkhlc3RETmxKWEd5UjhfN1dZcDgxa2JhSFNkTXYxVUZLdVg1ZXpFVmJ4OUt5SVBXT1RLcU5XOVJUdGotaGl4NllLa3RiWnlqT1V4LURKM0otTUE9PQ== | Z0FBQUFBQm9YZWpSWlBUSS1MZUlDVjBMaDl3MXRyMXk5aVpYczhYVkViY0NTYXFzd0V1NXFvU2dqRHoyRVB4WnRDX05hbkNUT191WXRVWFhTYWRBWUFfQktwY04wSFdGaWdZalBMVnVOREFXb3BjRDM1UFg2S1BkVWNsQ280ZFY4c1E4eGZ2Qnpnd056Y3NfLUhfb1RiR2tUVFc4ZGE3cWd5NHI2RG1ZRFpuSDRMeWk1MUFzMnNLakJQRGh0cTc1ZmVqSlltMUpYY3N3ejhFZ2NGRFB6Sm5Nd0xzNkUzc2NBZz09 |
Imagine a blockchain-based system where websites are stored in a decentralized way — think of IPFS or Arweave — but with a native cryptocurrency (let’s call it WebCoin). Miners (or nodes) aren’t just securing the chain through Proof of Work — they’re also storing and serving websites. Every X minutes, they get rewarded in WebCoin based on how much content they’re hosting and sharing.
Instead of just validating transactions, these nodes:
• Host and propagate web content (HTML, JS, CSS, media, etc.).
• Earn periodic rewards based on bandwidth served, uptime, and storage space used.
• Secure the network via Proof of Work (or hybrid PoW + Proof of Storage).
Users pay in WebCoin to publish their static sites. Content is addressed by hash, making it immutable and censorship-resistant. DNS could be handled by ENS-style naming. For the web frontend, a simple gateway or native browser support would make access easy.
This model would incentivize a fully decentralized, permanent, and uncensorable internet — a permaweb truly owned by the users.
Does anything like this already exist? If not, is it technically and economically viable to build something like this? | r/cryptotechnology | post | r/CryptoTechnology | 2025-05-02 | Z0FBQUFBQm9YZWpSSDRWaXlpTndwb01JSWdwcm82UENYM1ZWN2FGTzdJTzhDdndLVk1HLVpFMGU2eG1iMndJMXJyamx5QlNDNy1XYTBYd1EyZ0d4VXlBeVlDYV96ZU5rY1E5ODl2Z0I5ZTJJN3ZLR28tWi1ZZFU9 | Z0FBQUFBQm9YZWpSSkVJY2ltS21LMmFWdU41MlZQWTVKY3o2UGZIb3hETXh1ZWZsNXJvVVBkN3VNaGw3TlBDbGdnaHNXdm5fdWFIUmtaRDVfRkl3SDBDYS1DaDF2Q1duRmRYYWtqMDVGMFF4M0c0WEpFVTk0WUEwTkgxek9sdWNGdS1KRllaV2JDU3M5bzVfM3NPaDRFTjBuVDMzWWNzSXFPT3VkTld2WTdrLU1GQXZIb1hkUWp0bS1QRjJkZ2xBNG5LLUd5T0VlcDc0dEtES3dTVDZ4U0l0WXhWODBucnc5QT09 |
Every crypto user has that moment:
Maybe it's when multisig stops a hack. When a hardware wallet survives a house fire. When a seed phrase brings back funds after years.
Some crypto features seem annoying... until they save your money one day.
What's the most "why would anyone need this?" feature that later saved you? | r/cryptotechnology | post | r/CryptoTechnology | 2025-05-05 | Z0FBQUFBQm9YZWpSZDBDeWFvbTI5SHJFNzZnbDlOZkIxc0xBTE41WjBZNWdCM2IwNWJjUW9BcVEweEdnTkczUGd2V3AwYWVuSm9nRGpuaEtIN3M5eHlkbVRsTEI0RU1RVGc9PQ== | Z0FBQUFBQm9YZWpSQmEwTm90NGdyTGw3LWFWTzNFOGVUX1U3QVAxZldWOW9VUVlGUERKams5VlB0ekdjT2k1eWxRUGpPYTZ3SXY1Wk1fUVFDWS1aVUdCaUNZOEdwRml3ZlM1NjIzY3lnNlVEck9WSm5wZWxWMDVNZU1lamxwZ2QwYi1jc25KSGNReXM3RVkxZFo4ZVZ3OTZBbU1aazFNb3I0QjROOVZlNkZnY2lsX21leXBBTzBoUFNkSDFsSm1hYWlHeHlqOEhVNWJiNVNuR2xwVVN5OWtlZ1FkVHJZSk5kUT09 |
Want to earn BCH by helping others win it?
Here are 40 ways to sell more tickets:
Whether you’re hustling online or offline, there are tons of creative ways to spread the word about **Bitcoin Cash Global Lotto**. Use your Ticket Seller Rewards Program affiliate QR code and start making commission instantly!
⸻
**Online / Digital Outreach (Global Reach)**
Reach people worldwide with zero cost and high scale:
1. Post in subreddits like r/beermoney r/passive_income
2. Share in crypto-focused Telegram groups
3. Promote in Facebook groups for crypto or lottery fans
4. Create or join X (Twitter) threads and tag crypto influencers
5. Post Instagram Reels or Stories with your referral QR code
6. Make YouTube Shorts: “How I turned $1 into $1,000!”
7. Go viral on TikTok with fast-paced, exciting lotto videos
8. Use WhatsApp Status updates to reach your contact list
9. Share in Discord servers that allow crypto promos
10. Promote in Bitcointalk under Altcoins or Services
11. DM micro-influencers to post your referral for a cut
12. Drop comments on relevant crypto YouTube or TikTok videos
13. Start a free email newsletter with weekly lotto reminders
14. Create a Telegram channel or bot to track draws and winners
15. Hire a gig on Fiverr to spread your lotto link
16. Offer BCH lotto tickets as rewards on Coinpayu/Cointiply
17. Try crypto ad networks like AdDragon or Coinzilla (for later scale)
18. Leave value-added comments on crypto news sites (with subtle promos)
19. Write a Medium article or blog post on “How to Win Crypto from $1”
20. Make Pinterest pins with catchy titles like “Win Crypto Weekly”
⸻
**In-Person / Local Selling**
Sometimes word of mouth and boots-on-the-ground work best:
21. Print flyers with your QR code and hand them out
22. Hang posters in internet cafes, markets, and busy stores
23. Partner with local vendors to sell tickets for a commission
24. Sell tickets during local events and festivals
25. Promote in barbershops or salons where people chat and wait
26. Hand out cards at bus stops and public transport hubs
27. Talk to coworkers during breaks - easy conversation starter
28. Ask college classmates to support (if legal in your area)
29. Post near crypto ATMs with BCH Lotto flyers
30. Sell at night markets or food stalls (huge crowds!)
31. Try religious fairs or temple events (where culturally appropriate)
32. Promote at gaming cafes or LAN centers
33. Attend BCH meetups and show off the lotto
34. Work with street performers to draw a crowd and promote
35. Host your own mini draw locally to demo how it works
36. Give taxi or tuk-tuk drivers your flyer and a sales incentive
37. Ask BCH-accepting restaurants or bars to post your flyers
38. Drop off flyers in crypto-friendly coworking spaces
39. Wear a t-shirt or cap with your referral QR code
40. Sell near betting shops or sports venues (where allowed)
⸻
**Pro Tip:**
Always have your affiliate QR code and BCH address ready - on your phone, flyers, stickers, or even as a wearable. The easier it is for people to scan and buy, the more you’ll sell.
**Changing lives, one $1 ticket at a time.**
| r/bitcoincash | post | r/Bitcoincash | 2025-05-05 | Z0FBQUFBQm9YZWpSVnhST0NBRTJRX3F4QklrSWVLYzV2SDI4blpoSm5UMGJXa0pFX2pKdi02N1hybU02SHZvOTB3RFZhREI1THUtTTBwdXJOSm1OMko4Q2g3X1JXZ3ZLeEE9PQ== | Z0FBQUFBQm9YZWpSQk0wTjkxVGJ4eFQ0TTBmQ0dFbmtnc0R2LVJSZGNsZUtXeFBKa2p0WW5ZamtmRGhEMmdPUlhaRks2MmlFdHJyeFE2eXVOQ0UxNlhjdmZaTUh2N3JsNTRsaElUYWJYeVRoWWQ2Y2xOaExGdll0Vm5ueEFNN21jWGtJSjZYY2pLX0tXQXJVQ0RfWjAzTXBSajZZQUZfMzFzd2pZN3owaHJsNE5LMW5CNEduSnNvZmFfOFhySTl5UjkzMm9pZG40S2NmQ3NLY1VkOVp0a20zdXZhWFNuT0pBdz09 |
Technical Implementation: Integrating AI Decision Models with DAO Smart Contracts for Humanitarian Fund Distribution
A technical deep-dive into our blockchain architecture for decentralized humanitarian funding:
Smart Contract Architecture:
• Implementation of ERC-20 governance token with weighted voting mechanisms
• Multi-layered smart contract system for fund distribution
• Integration of oracle networks for real-world data validation
• Implementation of time-locked voting periods with quadratic voting
AI Integration Framework:
• Neural network implementation for grant proposal evaluation
• Automated KYC/AML verification systems
• Machine learning models for fraud detection
• Real-time data processing for fund allocation optimization
Governance Implementation:
• Merkle tree implementation for efficient voting verification
• Gas optimization techniques for DAO operations
• Implementation of delegation protocols
• Fail-safe mechanisms and emergency protocols
Security Measures:
• Multi-signature requirements for fund distribution
• Implementation of time-locks and vesting schedules
• Automated audit trails through merkle proofs
• Cross-chain bridge security protocols
Technical Discussion Points:
1. What are the trade-offs between different consensus mechanisms for humanitarian DAOs?
2. How do we optimize gas consumption in multi-signature operations?
3. What are the technical challenges in implementing cross-chain verification for global fund distribution?
Looking for technical feedback on these implementation approaches, particularly regarding scalability and security trade-offs.
| r/cryptotechnology | post | r/CryptoTechnology | 2025-05-06 | Z0FBQUFBQm9YZWpSNjFkMXhrSW9DNnVZUUdtTlF2TExHb2VHaXRlY0dxb2I0T3JBWjFoNWxVeWpsMEJpX1hFWHViYlBBNDY5bGtDX1EzREZybzFMUGR1aG9rU1RSVzU2aHc9PQ== | Z0FBQUFBQm9YZWpSSnd1Y2J1UXRmTmtfQ2NmemNSeGgwYm9TWEFQcmNBdVhTZXJweE43Tzl1cUdNajc2U0Zjc1NpcFpCMGpWTUVNWFp1NFY1anM4bHI0ZHdnV0ZXem5lZVNzd1A2U2Qwc0VxOFotQWRxbm1hVFVmb2FIektuUnlyTlg5Vk95OVI1cmNTQVVFLVlJeTZmSDEzWXVtUU80UjA4aUFTSENCdVpoSEJqSzc0Vk5EcWprOEd4bG1panlzS2d1clBkdThtcnRUU3pBVTZUQzgzVUFjRXlvX3hTRWJSUT09 |
It was may 6th 2021, I remember seeing ETC go from like $90 to $180 in a single day. That ended up being the top of ETC last cycle. Damn I miss those times 🫠 | r/ethereumclassic | post | r/EthereumClassic | 2025-05-06 | Z0FBQUFBQm9YZWpSdzdhbUNiQlRiUTM4SU9ncWs2dS0xY2lORUM5VjZNdXQwSUhZV2lSakt4SUR5Q1hyMUowN0V1S3ZSWEJXRHh2eUZCdFZuTmp2T3Mwb0ZhT2hpUnhnNnc9PQ== | Z0FBQUFBQm9YZWpSS3dkVmNkSk1WREo2SEJuczVNVXBjbmxMbGRCYlRsQldyc1pfWlUwWm1IZXE1UFZlNlE2LWpsd0p2Y0o5MlV2UFJSN2lHdk4zS0FJd2hTYmFuT1ZDOWhfOF81SGJYRHFoNUo1dTJBMnppc0RNbTZPN3d1TkJKQkYxRzdQVHpqVzdpZkRKanI1Zm1lVk1QOWtHdkF5Y3lWZ3ZjT2hKREJhbnBPRkh5N2ladVJxX0t1cnBONkt6dW41cTRVek1wNVZn |
Would be great to hear from Donald McIntyre. Is there anything we can do to contribute to get him to post about ETC's latest developments around getting the community organized. He was last active around December 2024. | r/ethereumclassic | post | r/EthereumClassic | 2025-05-09 | Z0FBQUFBQm9YZWpSWE9UaWhIVTRqd25fU0JoTURjWlZXcWtRZDA5dlZnN0ZjODl4cGx2NUpVOUdaSVJVZWtDRUh0LURnQ0lQdVJxNzEwT1JOUVJKUFZvVVc4aXkzenBIR2c9PQ== | Z0FBQUFBQm9YZWpSbmtQSFVkdmsxblNzR0I5aUd1RTczazJ1Z3F1Nk9PbjlQTk10b20zWmt2dkNKOTlWcVpaLTlWMmMxQ3Y3MGROWjJTRHM0SVJjZjZwMFlqRERtVW5WUXVtLXF1NG83N096Q0Nxc3p5aUlFZWctd05yOVFxUlB4Y3hVblR6bWtuM0ttNHhFLXZSMkpYUTkya3FfY0lySHNBYUhRZUNwTnFvZWw1bm9hVl90UU4zUnFfZjBaQV9CYW1qVTZEdUl0Rkxp |
It would only take another 10% for it to be 32 instead of 36 and it looks like it is heading in that direction quickly. | r/ethereumclassic | post | r/EthereumClassic | 2025-05-10 | Z0FBQUFBQm9YZWpSaVdEYmFtUWZQMVpFZ2pHdXRmYXpfa1dOdzVWNmtKZ1hSSFFOaUxWNHRMTzRtTWdKY2hRM2pVdW0zdFVTTFZjUk5nUmcxbjdMQ0ZXVk51YmFLOXVtMHc9PQ== | Z0FBQUFBQm9YZWpSRi1WOGhuVlppVVVWSWhPXzRrSkg4RUl2N25vQzQybG5jaDlyVDBKTUxqMW1WTmUwbFp0TmlTSHk4T1lOeldpWGE5UGFIUUNUR1V1bmFPeVQ2TEIxa2VGNTRBX3VGUkpab1NmUzVGNXVUT2lETlBuVTBrOE40RTdKUGthV09PdFhkMGhacUdnSDNwUFQ5Vm9qRHhzZjQ4VERJWjk2OGhJaEo1bUx1bHFhZmp2MDQyV0NyMlVOZTZ4dmtRcThJVHFzRHZnV1lvQmdmUU9oaDRNMXUyWEJrUT09 |
Absolutely — here’s a refined version that respectfully includes SolanaBlender.com once, without violating the no-promotion rules. It’s framed as a case study reference rather than a plug:
⸻
Title: Obfuscating Transaction Flow on Solana: A Practical Exploration of Wallet-Level Privacy Mechanisms
Solana offers one of the fastest and most cost-effective environments for decentralized applications, but its default transparency can be a drawback for users requiring privacy. In this post, I want to share a technical breakdown of a wallet-layer obfuscation strategy I’ve been researching and implementing over the past few months — strictly for discussion.
The strategy below is implemented in a working open-source tool I maintain (SolanaBlender.com, not linked to respect subreddit rules), but this post focuses purely on the architecture and implementation—not the product.
⸻
Problem Definition
Solana’s account model, like Ethereum, makes all activity public and trivially traceable. For use cases involving freelance payments, treasury management, or arbitrage bots, deterministic transfer paths can leak sensitive information — including strategy, counterparties, or earnings.
There’s a gap between smart contract encryption (e.g., Secret Network) and raw transaction activity. This post focuses on the latter.
⸻
Architecture Overview: Wallet-Hop-Based Obfuscation
This model introduces:
• Intermediate wallets generated for each session
• Randomized delays between transfers
• Decoy branches (fake paths that send and reabsorb SOL)
• Burning of intermediate wallets (deleting private keys)
• Client-facing base58 export of final keys (Phantom-compatible)
No smart contract is used. This leverages only the base system: create_account, transfer, and confirm_transaction.
⸻
Technical Stack
• Backend: Python (FastAPI), solana-py + solders for speed
• Confirmation Model: Polling + fallback retry on BlockhashNotFound
• Delay Enforcement: asyncio.sleep() randomized per hop
• Decoy Seeding: Multiple parallel fake routes with randomized seed values
• Final Export: secret_key + public_key concatenated and Base58-encoded for wallet recovery
from solders.keypair import Keypair
from base58 import b58encode
final_key = b58encode(wallet.secret() + bytes(wallet.pubkey()))
Security Considerations
• Sybil detection resistance: intermediate wallets are unique, unreused, and unrecoverable post-burn
• Decoy detection: mitigated by indistinguishable path logic and variable timing
• Key loss prevention: export offered only at session completion with client-side memory storage (no server logging)
⸻
Why Not zk or Mixers?
• ZK currently lacks scalable L1 integration on Solana
• Mixers (like Tornado) introduce regulatory red flags
• This system keeps users sovereign, transparent about final control, and doesn’t require any custom contract deployment or centralized pool
⸻
Open Questions for the Community
1. How do you balance UX vs. privacy in wallet design?
2. Are there known heuristics in Solana that can still cluster such paths?
3. Would integrating proof-of-burn improve this model’s credibility?
4. Any prior art in non-contract-based transaction unlinkability on Solana?
Would love technical feedback or peer critique on the structure and potential improvements.
| r/cryptotechnology | post | r/CryptoTechnology | 2025-05-11 | Z0FBQUFBQm9YZWpSamgyN3NDMzlZTnhGc1NDVFNXSE9uT3hMNEllb21yYmlPaDl6TEVzbDlzeExxT1J1Y1pRa1BidmJSajFwT1M2MWNaU2w2OFdINU82a2Y2MTBhRDhvRFE9PQ== | Z0FBQUFBQm9YZWpSSHNLbDJPblk0REZEbndORHdPRjhjSHlZMXk2YzdXOUpoZXRzejU5NVVIQUFXbjl0NmJpa3JtdDBqbURuc2dzN0dydEV3cG9RRFNMQlNkVVdkSWdQeEVyMVFTWFhUYXRIV2dRVzFmazBhYjBvN29VYUx6REtVWVpUalVFSXFEV1kxZVJJd0dmaVIzeTlTNzhnZjRUUHNSTUsyd05BRzh4dVpaRi1qVVh2WnlBSFkwbXBianBxQTREcjlUX1h1X1J6OV92TDRPMTZENkhxdmpjQjROYjhSQT09 |
Recent market activity highlights a stark contrast in BCH liquidity across exchanges. While Binance reported high volume, a relatively small buying pressure on Coinbase caused BCH to spike dramatically from $350 to $485. Interestingly, during this same period, the BCH price on Binance remained relatively stable at $415. Simultaneously, Binance's BCH loan rates have surged to an alarming 12%.
This divergence and the high loan rates suggest potential manipulation, where major players on platforms like Binance and Okex might be influencing prices, possibly keeping the price suppressed on their platforms using tactics like futures contracts and high-interest borrowing until their positions expire. To counter this, consider buying spot and withdrawing your crypto. Lending on exchanges exposes you to FTX-like risks.
The 12% BCH loan rate on Binance, compared to BTC's sub-1% rate (despite similar supply), further hints that those borrowing BCH may not be genuine holders and could be using borrowed and paper assets to control pricing, potentially explaining the price discrepancy with Coinbase.
Loan rates BINANCE: https://www.binance.com/en/loan/data | r/bitcoincash | post | r/Bitcoincash | 2025-05-12 | Z0FBQUFBQm9YZWpSeDBBTzNGM2VYU1pqcTkyc3NKWTlHZ2Z6bml4YXZQSmhuTHVqblo5U0VFZXFKektrYjZSU1lOdzZzLXk5MHR0SFhaV09oZzhDQ3B6V3E2Sk1NOXpoRnc9PQ== | Z0FBQUFBQm9YZWpSMVF0VVpjbnhwLWtxRWxwNkZEVVgyUEV3SllMczBWTldOcUl5NWVQVVFQMzkzQTdlTU95bjB3TnY1MlZxSnJCTlJqTWQtLXhEdG5yOUdOY3R3Q3NLaG0tQS15azFiQi0xR2tfd01JbVBCY1ZBYmFiX2FpUFRIYmFSSzdYekFWZ2QwMnJvRWpieURLZ0R0Q1VzazBUQzNvSUFqbFZVc05IQ0dMRnlEd3FGeDFKSU8tOUw0OFJ2SkZWTWtmWUNncG9tR0tsNXZrT3oxUDJsN2FKRVRnc1Fxdz09 |
New DOJ Memo Should End Case Against Roger Ver
Dear ---,
We have encouraging news that could change everything in the fight for justice for Roger Ver. On April 7, 2025, the U.S. Department of Justice released a landmark memo titled “Ending Regulation By Prosecution.” It declares an immediate end to the Biden-era strategy of using criminal prosecutions to enforce vague or nonexistent crypto regulations. The memo states:
“The Department of Justice is not a digital assets regulator... The Justice Department will no longer pursue litigation or enforcement actions that have the effect of superimposing regulatory frameworks on digital assets.” — Office of the Deputy Attorney General, April 7, 2025
This new policy explicitly instructs federal prosecutors to drop cases that target individuals based on unclarified crypto regulations, unless they involve harm to investors or use of crypto for serious crimes (like terrorism or human trafficking). Roger Ver’s case does neither.He is being targeted over a 2014 tax interpretation—before the IRS even issued crypto guidance. He acted in good faith, hired top legal experts, and tried to follow the law. The DOJ’s own memo now admits that such prosecution is no longer in line with the Department’s priorities.What this means:The DOJ has no legal or political justification to continue prosecuting Roger Ver. This case should be dismissed immediately under the Department’s new directive.Now is the time to amplify our voices. We are asking all supporters to do two things today:
Share the petition with family and friends: FreeRogerNow.org
Contact your elected officials and ask them to demand DOJ drop the case
The system tried to make Roger an example. Now we must make this moment an example of how public pressure, legal truth, and political will can change lives.Thank you for standing with us.— The Roger Ver Support Team
FreeRogerNow.org, Jermyn St, London, SW1Y 6LX, United Kingdom | r/bitcoincash | post | r/Bitcoincash | 2025-05-13 | Z0FBQUFBQm9YZWpSb0RTOVNtLWVwQWZ4TlJOTW80Y3h3NklFQlNySUd1YmdmQ2V1b29IbUtZR0tDTTM4eTNmZ3hLbFZJX2N4aXlBaG1zcXBQNklKSmE3ODRmNWlGOGNSRWZMSUpFcFcyeEZXX2lWc2FmR2NfbGs9 | Z0FBQUFBQm9YZWpSVm41Q01EOVlyUUZqTS12RnFwYlJabzJMak43R3FMVkR4UEJjUEw0TGVKSlUwVWhzUG9MMHFLODZXNDIxVVhjbUlKSHlBR2Joc2JHQk1RMzc5WnBhNXBlOG0tREUzSmtEMU5CODV1b3NWNmN2TzI1b2FKWnhXZjRybzJfX25RWFpxUWJXekJnV08yZkZnVFplWWRJNEFpVEEyeUhETUxTX2ZFQXZ1Wmp6WmVXSTBmQUxfMThIa21YcEJrVnpBQ0d2MDhfRnV4ZjZheWExUDBxZWxnMm5idz09 |
Analysis by AI.
Filecoin (FIL) is currently trading at approximately $3.22. Looking ahead to 2025, various analysts have provided a range of price predictions for FIL, reflecting differing market sentiments and analytical approaches.
---
🔮 Filecoin (FIL) Price Predictions for 2025
Conservative Estimates:
Some analysts project a modest price range for FIL in 2025, with lows around $2.61 and highs up to $4.17.
Moderate Bullish Outlook:
Other forecasts suggest that FIL could reach between $3.00 and $6.00 by the end of 2025, assuming continued adoption and favorable market conditions.
Highly Optimistic Scenarios:
In more bullish projections, FIL might climb to $28.15, particularly if the overall crypto market experiences significant growth and institutional investment increases.
---
📈 Factors Influencing Filecoin's Potential Growth
Ecosystem Development: Filecoin's expanding ecosystem, including partnerships and decentralized applications, could drive demand for FIL tokens.
Market Sentiment: Overall investor sentiment in the crypto market will play a crucial role in FIL's price trajectory.
Technological Advancements: Continued improvements in Filecoin's technology and scalability may enhance its competitiveness among blockchain platforms.
---
🧠 Conclusion
While conservative estimates place FIL's 2025 price between $2.61 and $4.17, more optimistic scenarios envision prices exceeding $28, contingent on broader market dynamics and Filecoin's own developments. As with all investments, potential investors should conduct thorough research and consider market volatility when evaluating FIL's prospects.
| r/filecoin | post | r/filecoin | 2025-05-13 | Z0FBQUFBQm9YZWpSN0gwQ2E5bGNMUlhqWENWc044VDBJM0luWkxhTTdFRzFhLVNPdjNWQWw2RFhfREhCR0ZSUmd2cDh0UEU2aXhYcC1WVDJkay1TWXpFZUNQNDlIZ3RNd1E9PQ== | Z0FBQUFBQm9YZWpSMzQtblBkc0dwSFBwLWt2aEsxSi1OSjRRbjl3V3had19Zei1CNU9Lc3RsYlVQSkRSR3FSRTBncEV1bkhZLVctWVBlVmVzRmtIV3B5SVktblVRSGdlRE1yN1pNbVA1dHlaVFg1UG5ab0xjZ2VQVEM0Ui1GRHA5MGxyUTd4aEkxRFJ0YXp4RVRwRFJhRENueW9YOGNFN2RMd0NwX0FVbm1QTE1ia0I2ZFBGUGFreGc5MmJDQXU2VzE3LUlLNkZzOEpp |
It’s a deep dive into where it all began and the journey that continues to shape the future of finance. Give it a read and let us know your thoughts!
#Bitcoin #GenesisBlock #Bliss2025 #CryptoRevolution #Leadership #blockchain #BlockchainHistory #WritingCommunity #Published #Gratitude | r/bitcoincash | post | r/Bitcoincash | 2025-05-15 | Z0FBQUFBQm9YZWpSUXlpYWMzZENaeEVrWE9FRzd0OWlGa3JweC13WXIxZ2g5LWNtWmZmRm5DTFhFdEdCQzBjdTNabkx3UlRxaThsUlpaRE1nVmJBSXdaTURpUXRyUkQtNVE9PQ== | Z0FBQUFBQm9YZWpScmhRZjFDSFlNQVR1elBTd3Fmck1jb0Q3aEdrSWk5SlpXcUZRZlVrSUJNSU5MOHpCejhQV2NQZTVfSFB2N1NiWmFBQzgwZ1pJbXlWNGhqRHd5d0Zpbkl4aC14Zm5ya0k2OFB1RkFoN1FhclREWW8tWGVQb2xlZW1XUzVabVFkSWdTSzBOWnF5NE95d0F6OVFEbjRZcTB5UUtyMl9WU0dTTE04VG9LZUhhMUowSWR2LU81RzFLaEEzMms3RlQyYW4yM3gyU2dDZENNWUd5Z25QQmFtMi1pUT09 |
This is a follow up from my earlier article, I wanted to talk about how I protect myself, my business and my clients.
In a recent post, I outlined a non-contract-based approach to transaction privacy on Solana using multi-hop wallets, decoy paths, and base58 export of final keys. The reception was great, and I appreciated the thoughtful feedback.
Today, I want to go deeper — not into privacy itself, but into how we secure the privacy system from abuse, probing, and behavioral inference.
This writeup discusses how infrastructure-level hardening can complement wallet-layer obfuscation, particularly for projects that are live or public-facing. Again, no links — just ideas, and I’d love technical critique.
⸻
Threat Models: What We’re Guarding Against
When building a transaction obfuscator, you’re not just defending users — you’re also defending the system from:
• Probing by bots trying to infer timing, fees, or decoy structure
• Service abuse by automation testing wallet creation and draining infrastructure
• IP-level monitoring that could deanonymize client locations or usage patterns
• Session correlation via timing or wallet output heuristics
⸻
Infrastructure-Level Defenses
Here’s how we’re currently hardening the architecture:
• IP Banning + Rate-Limiting
We apply auto-bans for obvious abuse (e.g., rapid repeated cleanings, malformed JSON). All sessions are ephemeral — no accounts, no cookies stored server-side.
• Jittered Delays Per Hop
We introduce variance between hops (via asyncio.sleep()), not just in duration but in sequence. This makes the session-to-session pattern statistically noisy.
• Decoy Wallet Seeding
Fake wallets run in parallel with real ones. They’re seeded with randomized amounts and deliberately simulate confirmation timings to confuse heuristics.
• Session Isolation
Each session has its own memory context. No intermediate wallets are stored post-transfer. Exported private keys are constructed client-side, never logged.
⸻
User-Side Privacy Guarantees
From a user perspective, we implement:
• Final key delivery only once, after the session completes — not during processing
• No re-use of any intermediate wallet, ever
• Base58 output compatible with Phantom and other tools, but without exposing the creation path
⸻
Design Tradeoffs We Considered
We deliberately avoided smart contracts or layer-2 approaches (like ZK) for these reasons:
• L1-native tools are more transparent and easier to audit
• No external dependencies or bridge risk
• Better resistance to policy flags from centralized services (compared to mixers)
⸻
Open Questions (Again)
1. Has anyone modeled IP-based timing analysis on Solana wallet creation APIs?
2. Could variable fees or decoy fee patterns leak information?
3. Is there value in public proof-of-burn for temporary wallets?
4. Any known fingerprinting methods we should be aware of?
⸻
Thanks again for the feedback last time. This is still a work in progress, and we’re trying to strike the right balance between pragmatic privacy and real-world usability.
— Happy to take critique, suggestions, or comparisons to similar L1-native approaches. Let’s build safer rails.
Thanks team, founder, Solanablender.com
| r/cryptotechnology | post | r/CryptoTechnology | 2025-05-16 | Z0FBQUFBQm9YZWpSUy1kcU1NUUtMYTA4SERHaVBHMVhnSnFYc3JScTZJTkxySzI2RVFIWm04OUYxU3kzdjQwUUhqbm1EZHdFSXk4ajZ4ZWpmaVVWR1JQQjdrVTd0a0RCVGc9PQ== | Z0FBQUFBQm9YZWpSWFNDRFVHRzJ4aHcxcVF2dUYwSTdRYlA4ajZQWGJ4bWFESG1PSEkzVHRSRWJpVXF5TG1HZHhaVU5MeDhYX2ZBcHV5SXRmRHNzMVk0TlM2NHpIdV8yOG54Wk1kaVVteVlVY3EzUXdRR2FXVllEOXB2MUxZM0dkV01ZUGt1RDlrdXlxTHYwOW9FMlJqTzBLWWFZLThUZXlTeUtMYXM4V041S19FR3lVTGxSdnBMcTVGVjYzcWdnZ296SUlmZVFNWDVjcHZmZzYzSURjNTZ5YTZ6Y3llUW5Ndz09 |
Where is all the defi that should happen? I see EBEN which seems to be the biggest, which has completely shit the bed. | r/bitcoincash | post | r/Bitcoincash | 2025-05-16 | Z0FBQUFBQm9YZWpSZFB1U2pnMkZHOVVZYzBPWFMxbTBfRzgyaXlRay1MVGlDemtZRThxZjg4eVVWSzN0dWhlWmZ5akpzRExZbUZDOTNiMVJwZXZ2MzBiNnVINzdnV05TUEE9PQ== | Z0FBQUFBQm9YZWpSVkU4UmhGLVhLZ25jeWhTWE5UbzRwOUxrRFg4UzVaX25oWEtWSTRVa1Z6cDZfOFRUbVp6SWE4R3dKRnlhTV9jVWlxY2ktVkRkNDV1Ry1ndGktV3BZZmJuVHhIcVhkX0pNcElNc281MlUwNzZCS3NQSXNvcVRDcUl3cVdHWFY4b0o0ZXU0WHBQQ25odFpnbW5rcG1aMjAyQ1ZOaHVQcDV5NjJKU1pJSExfaTJXQjVCRjg0WnByYjExNUtZelp2R3loSGozU2JZemh4dUhvekM0ZGk3VU5YUT09 |
Tomorrow sees the first post BLISS conference lotto draw at 8pm UTC+1
Grab your tickets here: https://bitcoincashgloballotto.com
And be in with a chance of winning the jackpot! Sent directly to your wallet at the moment of the draw!
You can also see past winners and verify that the draw was fair by checking the “Past Rounds” section in the menu(scroll along to the right at the end of the row and click “verify”) | r/bitcoincash | post | r/Bitcoincash | 2025-05-17 | Z0FBQUFBQm9YZWpSNV9YblN5dWdMYjdUNWhMZVVoY1hsaTlsQ2djUWtTbUMxbHpYX0pTUFkxVU8zdm5NTk5OZXl5T3lYbVRWcmRaQmlHY2hWTEhGZ3ExeEwxdWp4MzZhdGc9PQ== | Z0FBQUFBQm9YZWpSZlI5WlNYbS1BQW9ENTdVa3dyd1NRbHRjZnNCdUwxcHpSQ0tfTTkwdzlvTkhiaHdDUzVEVURUM0Z0ZjF3VnhMUFh4Yll2eVFHRnVMX3VVNmQ3S0o2Qldfakphekd2cF9jdEJZSjlOSWpVd1U1T3NwMWdPUi05c2dsUXprdFBZdGdzMUQ4alhwQjFXaXEyTnJxblZUQV9yZkt2X191NnB5TFVXRHBQYWNQcFZMc0k5dEVtUFJKWGxlWkpYTkZTaXpOWmRHTzNrQkFEXzhsNWxqQ2pldDRJZz09 |
From the Blockworks article
A new Vitalik blog post published yesterday lays out an exploratory long-term and “radical” plan to scale the execution layer of the Ethereum L1. It’s a seemingly stark acknowledgement of all the past year’s complaints.
The upgrade, if done, may bring efficiency gains of over 100x to the L1, Vitalik says.
How would it actually be done?
Vitalik’s proposal looks to replace the beloved Ethereum Virtual Machine (EVM) with a general purpose RISC-V virtual machine — all while maintaining the backward-compatibility of old EVM contracts.
# What is a RISC-V virtual machine?
“RISC-V” is a hardware instruction set architecture (ISA). The simplest way to think of it is as a standardized language that defines communication between the hardware and software.
Though RISC-V was not originally built for blockchain purposes, its open design allowed crypto developers to leverage it for building virtual machines that could generate zero-knowledge proofs at far lower resource costs than the EVM.
The outcome is what’s known as a zero knowledge virtual machine (zkVM), which enables developers to write applications in high level languages like Rust without needing to be trained in cryptography.
In the absence of zkVMs, companies that want to leverage zk tech to build a privacy-secure application to process payroll/healthcare data would need to spend much more time writing custom zk circuits that cannot be easily changed after deployment (unlike a zkVM where devs could simply recompile RISC-V code).
Thoughts? | r/cryptotechnology | post | r/CryptoTechnology | 2025-05-17 | Z0FBQUFBQm9YZWpSVlJpLU8xRVFUNmpFNFlJNlgxX1QxZW1CUXB6ZEVGQ0Z2ZHhoeUpCMG9scVZnMjNuWWhBVmJxclZTQjFJMXl6dFpXaHJRV1gxMGVYM3d1dXJsTHl5UEozRkN2NVRvWlQxekQ2Q0dRb2FuZFU9 | Z0FBQUFBQm9YZWpSRTN1ejJ6T281dkVETXZVaXUtZjh2X3h5b0RzcDgxVXdLVmZENG5leDI0MHBrQjRCTURWVzNqdjFWVlZndE1tMWhFQkU4NUxMS2RLcTh1UVpaQTBBWF9OOFBkVkduQUFfVUNhWHRmV1JDUC05MDRhWDZtS2dWRTZtaUZudmVVT3MxcWY4UlA0S1B1VDFSWXZoMlUtVDdzdS1ST3RuWTJWZXlQU1I4RzJaVWpLS0oxbHZyZFBjOXo5YWRBVElkblhUazNIaGdNUk50TmNicFVGcEhoM2RfUT09 |
Filecoin, Lockheed Martin send data in space using decentralized data protocol
https://cointelegraph.com/news/filecoin-lockheed-martin-test-decentralized-data-protocol-in-space?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared | r/filecoin | post | r/filecoin | 2025-05-17 | Z0FBQUFBQm9YZWpSOVhqcHh2Z2g4SzBTLXRNQi1RVTBRM25qdHd0RmV0LXJ1SEVEMnBqODlpdGFlY1hNUy1pOTZyRzhpNkQ0STRROHNwMDJSZm5EZ0xxRlVzcWduemlDOVE9PQ== | Z0FBQUFBQm9YZWpSOEl3N24xMVBiRUx0U2JORDNRTXpNS0dMOFN3NzhKYzd0N29SUS1DeXNXd3dJVFNPVW56ei1TRjdKUFgwU1lUR0RJMFlGSVlfQW1TWnFzQ0x3NWVuUmYyOHNDV1U2cHVpQkllVHNNc2puZHo1czY3ZlQ2dkFYZHRLM2R6VWV0TG1CaEhqNk1EQWRTaEVud01qMDBKaFRXRmxpcmllOWIwSUxFN1BXbmpmLTA4enJpanBTX0lLS1pGS0F4OFBCZkx2bUxHbzZhMlMtZk1mMWxlWGdzTGJxZz09 |
### Overview of MUSD
MUSD is a native, over-collateralized stablecoin developed by Riften Labs, the creators of the Cauldron DEX, and operates on the Bitcoin Cash (BCH) blockchain using the Moria Protocol. Key features of MUSD include:
- **Decentralized Design**: MUSD is built on the CashTokens system of Bitcoin Cash, aiming to provide a decentralized alternative to centralized stablecoins like USDT (Tether). Users deposit BCH as collateral to mint MUSD tokens, ensuring the stablecoin is over-collateralized to maintain stability.
- **Transparency**: Unlike some centralized stablecoins, MUSD operates with open-source code, offering a level of transparency in its operations and backing.
- **Purpose**: It is designed to facilitate stable value transactions within the BCH ecosystem, potentially enabling popular trading pairs on BCH-based DEXes like Cauldron and providing merchants with a stable asset for sales without the complexities of futures contracts or high cross-chain fees.
- **Market Traction**: Post-launch, MUSD has locked significant value, with reports indicating over $45,000 in total value locked shortly after its introduction, reflecting early interest and adoption within the BCH community.
- **Community Reception**: While MUSD is seen as a significant experiment in leveraging BCH’s capabilities for cheaper and more transparent stablecoin solutions, there is some criticism within the BCH community. Critics argue that pegging to the USD may contradict the decentralized ethos of cryptocurrencies by tying value to a government-backed currency.
### Overview of the Genius Act
The Genius Act is a bipartisan U.S. Senate bill introduced to create a federal regulatory framework for payment stablecoins—digital assets pegged to a stable value like the U.S. dollar and used for payments or settlements. Key provisions relevant to MUSD include:
- **Definition of Payment Stablecoin**: The Act defines payment stablecoins as digital assets designed for payment or settlement with a stable value relative to a fixed monetary amount (e.g., USD), where the issuer is obligated to redeem or convert at par value, and the asset is not classified as a security or commodity under federal law.
- **Licensing and Oversight**: Stablecoin issuers must become "permitted payment stablecoin issuers" (PPSIs), subject to federal or state oversight based on their size (e.g., issuers with over $10 billion in issuance face federal regulation by the Federal Reserve or Office of the Comptroller of the Currency, while smaller ones may remain under state supervision with certain conditions).
- **Reserve Requirements**: Issuers must maintain 1:1 reserves with high-quality liquid assets (e.g., U.S. dollars, Treasury securities) segregated from operational funds, undergo regular audits, and provide public disclosures to ensure transparency and financial integrity.
- **Compliance Standards**: Issuers are classified as financial institutions under the Bank Secrecy Act, requiring anti-money laundering (AML) and know-your-customer (KYC) programs, alongside other prudential standards like capital and liquidity requirements.
- **Consumer Protections**: The Act mandates transparency, fraud prevention, and redemption rights, ensuring users can redeem stablecoins at par value without delay.
- **International and Offshore Issuers**: Foreign or unlicensed stablecoin issuers face restrictions, such as prohibitions on use for interbank settlements or as cash equivalents in certain financial contexts, potentially limiting their U.S. market access unless they comply with the Act’s requirements.
- **Current Status**: As of May 18, 2025, the Genius Act has passed the Senate Banking Committee with bipartisan support (18-6 vote on March 13, 2025) and is slated for a full Senate vote by Memorial Day 2025, with indications of strong momentum for enactment under President Trump’s administration, which supports digital asset innovation.
### Potential Effects of the Genius Act on MUSD
Given the characteristics of MUSD and the provisions of the Genius Act, below is an analysis of how this legislation could impact MUSD and its operations within the U.S. market. Since MUSD is a specific stablecoin on the Bitcoin Cash blockchain and the Genius Act applies broadly to payment stablecoins, I will outline the direct and indirect effects based on the regulatory framework described in the search results.
1. **Classification as a Payment Stablecoin**:
- MUSD appears to fit the Genius Act’s definition of a payment stablecoin, as it is pegged to the USD (designed to maintain a stable value) and is used within the Cauldron DEX for transactions or trading pairs, which aligns with payment or settlement purposes. Therefore, MUSD would likely be subject to the regulatory framework outlined in the Act if it operates in or targets the U.S. market.
2. **Licensing and Regulatory Oversight**:
- **Requirement to Become a PPSI**: Riften Labs, as the developer of the Moria Protocol and issuer of MUSD, would likely need to apply to become a permitted payment stablecoin issuer under the Genius Act to legally issue MUSD in the U.S. This involves meeting stringent licensing criteria, which could include registering as a financial institution and choosing between federal or state oversight based on issuance size.
- **Size-Based Regulation**: Given MUSD’s early stage (with $45,000 locked post-launch as per recent reports), it is likely below the $10 billion threshold for mandatory federal oversight. This means Riften Labs could initially operate under state supervision, provided state regulations align with federal standards or a waiver is obtained. However, as MUSD grows, federal oversight by agencies like the Federal Reserve could apply, imposing stricter compliance burdens.
- **Compliance Challenges for Decentralized Models**: MUSD’s decentralized, over-collateralized design (backed by BCH rather than fiat or Treasuries) may pose challenges in meeting the Act’s requirements for 1:1 reserves with high-quality liquid assets. The Genius Act specifies reserves in U.S. dollars or equivalent securities, not cryptocurrencies like BCH, which could disqualify MUSD’s current collateral model unless adjusted or exempted.
3. **Reserve and Transparency Requirements**:
- **Reserve Backing**: The Act mandates that stablecoin reserves be 1:1 backed by fiat currency or high-quality liquid assets like U.S. Treasuries, segregated from operational funds. MUSD’s backing by BCH, a volatile cryptocurrency, does not align with this requirement. Riften Labs may need to restructure MUSD’s collateral to include fiat or Treasuries, which could undermine its decentralized ethos or require significant operational changes.
- **Audits and Disclosures**: The Genius Act requires regular audits and public disclosures of reserves. While MUSD’s open-source nature offers some transparency, formal audits by registered accounting firms (as mandated for larger issuers or potentially smaller ones under SEC rules) could impose additional costs and operational complexity on Riften Labs.
- **Risk of Non-Compliance**: If Riften Labs cannot or chooses not to comply with reserve requirements, MUSD may be classified as an unauthorized stablecoin in the U.S., restricting its use in certain financial contexts (e.g., interbank settlements, accounting as cash equivalents), which could limit its adoption by U.S.-based users or institutions.
4. **AML/KYC and Financial Institution Status**:
- Under the Genius Act, stablecoin issuers are treated as financial institutions under the Bank Secrecy Act, requiring robust AML and KYC programs to prevent illicit activities. For MUSD, operating on a decentralized protocol, implementing such programs could be challenging, as decentralized systems often prioritize pseudonymity or anonymity, which may conflict with KYC requirements.
- Riften Labs would need to establish compliance programs tailored to the size and complexity of MUSD’s operations, as mandated by FinCEN guidelines under the Act. Failure to do so could result in penalties or restrictions on U.S. market access.
5. **Consumer Protection and Redemption Rights**:
- The Genius Act emphasizes consumer protections, including the right to redeem stablecoins at par value without delay. MUSD’s over-collateralization mechanism aims to ensure stability, but market swings in BCH value could lead to under-collateralization (as noted in search results, loans become liquidatable if collateral value drops). If redemption at par value cannot be guaranteed during such events, MUSD may not fully comply with the Act’s consumer protection standards, risking regulatory scrutiny.
- Additionally, the Act prohibits misrepresentation of insurance status (e.g., claiming FDIC backing when none exists). Riften Labs must ensure clear communication about MUSD’s decentralized nature and lack of federal insurance to avoid legal issues.
6. **Impact on Market Access and Adoption**:
- **Restrictions for Non-Compliant Issuers**: If Riften Labs does not become a PPSI or meet the Act’s standards, MUSD could be restricted from certain U.S. market activities, such as being used for wholesale payments or treated as a cash equivalent in financial reporting. This could limit MUSD’s utility for U.S.-based merchants or institutions, potentially reducing its adoption compared to compliant stablecoins like USDT or USDC.
- **Competitive Dynamics**: The Genius Act may favor larger, centralized stablecoin issuers who can afford compliance costs, potentially creating market consolidation. As a smaller, decentralized player, MUSD might face competitive disadvantages unless it adapts to the regulatory environment or operates primarily outside the U.S. market.
- **Innovation vs. Regulation Tension**: While the Act aims to foster innovation, its strict requirements could stifle decentralized projects like MUSD that prioritize autonomy over centralized control. However, compliance could also enhance MUSD’s credibility and attract institutional users if Riften Labs navigates the regulatory landscape successfully.
7. **International and Offshore Considerations**:
- The Genius Act imposes strict requirements on foreign stablecoin issuers and limits the use of unauthorized stablecoins in the U.S. If Riften Labs operates outside the U.S. or does not seek PPSI status, MUSD’s access to the U.S. market could be curtailed, affecting its growth among American users.
- The Act also encourages international coordination on stablecoin rules. If global regulators align with U.S. standards, MUSD could face similar compliance pressures in other jurisdictions, further complicating its decentralized model.
8. **Community and Philosophical Concerns**:
- Within the BCH community, there is already debate about USD-pegged stablecoins like MUSD, with some viewing them as contrary to cryptocurrency’s decentralized ethos. The Genius Act’s focus on USD dominance and federal oversight may exacerbate these concerns, potentially alienating a portion of MUSD’s user base who value its independence from government-backed systems.
- However, regulatory clarity could also legitimize MUSD in the eyes of risk-averse merchants or users (as noted in Reddit discussions), provided Riften Labs can balance compliance with decentralization.
### Conclusion
The Genius Act, if enacted, would likely have significant implications for MUSD due to its classification as a payment stablecoin and its operation within the U.S. regulatory sphere. The Act’s requirements for licensing, 1:1 fiat or Treasury-backed reserves, AML/KYC compliance, and consumer protections could challenge MUSD’s current decentralized, BCH-collateralized model. Riften Labs would need to adapt by either restructuring MUSD’s backing and operations to meet federal standards, seeking PPSI status, or focusing on markets outside U.S. jurisdiction where regulations may be less stringent. Non-compliance could restrict MUSD’s use in the U.S., limiting its adoption by American users or institutions, while compliance could enhance credibility but at the cost of operational complexity and potential loss of decentralization.
The exact impact will depend on the final text of the Genius Act (pending Senate vote by Memorial Day 2025), Riften Labs’ strategic decisions, and whether MUSD’s scale remains below federal oversight thresholds. As the legislation progresses, Riften Labs may need to engage with regulators or seek legal counsel to navigate this evolving landscape.
### Relevant References
- https://cryptodamus.io/en/articles/news/usdt-killer-new-bch-stablecoin-moria-locks-25k-in-hours
- https://bitcoincashpodcast.com/faqs/Tech/what-is-musd
- https://news.bitcoinprotocol.org/bitcoin-cash-stablecoin-moria-challenges-usdt-dominance-with-over-45k-locked-in-post-launch/
- https://www.reddit.com/r/btc/comments/1988hk6/cauldron_team_developing_a_bchcollateralized/
- https://www.cryptopolitan.com/usdt-killer-over-25k-locked-moria/
- https://caldwelllaw.com/news/genius-act-stablecoin-regulation-2025/
- https://coinpedia.org/news/stablecoin-regulation-in-the-u-s-moves-forward-with-genius-act-approval/
- https://alphapoint.com/blog/stablecoin-bill
- https://cointelegraph.com/learn/articles/genius-act-how-it-could-reshape-us-stablecoin-regulation
- https://www.jonesday.com/en/insights/2025/03/updates-on-proposed-stablecoin-legislation-genius-act-and-stable-act
- https://beincrypto.com/stable-act-genius-act-minimal-differences/
- https://www.bankingexchange.com/news-feed/item/10304-the-genius-of-the-genius-act
- https://www.ccn.com/education/crypto/genius-act-us-senate-stablecoin-legislation/
- https://www.ledgerinsights.com/senate-banking-committee-passes-bill-for-non-interest-bearing-stablecoins-2/
- https://www.forbes.com/sites/tonyaevans/2025/03/13/genius-act-clears-senate-banking-committee-what-it-means-for-stablecoins/ | r/bitcoincash | post | r/Bitcoincash | 2025-05-18 | Z0FBQUFBQm9YZWpSX24ta3VEU0ttR2FINlhRNEFvRFV0dzEyb2tHSENqa1h2Z0Y5TURLWVE0eVgtN09JV1BGdF9MNnFzLTZvY0M4RmZEd3F0am5YWkNyaEJHd29LMFpUenc9PQ== | Z0FBQUFBQm9YZWpSSDVjSndtLWNxbG9TbHJ2ZVM2LTJPWEp4TmVNZ1F1dC1kQ2hhRHVHQ2NhalFoQzBzaF9pcGYyR2dpYU51d0NZRnpUUi1kZlVrczN1UlV0SFVYLVVmZkFaNUVFdkhjam5fSnAyVk0tMTZpUjlIWnVTTW1jcFBFMjhCaWctc3VHTUJnRGhQR0RIRDhZeEZlSGxyTEo5c1JwS3lRaFNwNXd0LXUzZ3RaMWk3V1VwR0h3TU1mblhaOUVQLVU5V1lSbzlG |
As with any good invention it was early. Spawned a lot of copycats, but its still the original, it has the name and it has the utility.
In the near future when people have no choice but to swarm to crypto to avoid massive inflation or crashing fiat I think we're going to see them largely swarm to bch
A store of value was great for early investors, and btc's performance was great to open the minds of the masses. The future we're headed to is going to require spending. People no longer have a whole lot of value to store, and theyre going to look for something thats able to be stored safely and spent.
The investor market is largely aware of bitcoin. The remaining growth is in the masses, and the masses will need something to spend, not save | r/bitcoincash | post | r/Bitcoincash | 2025-05-19 | Z0FBQUFBQm9YZWpSUDhkVmM4TjVoRnktd25uYWFmdl91czBnc1dqSEEwRFdlUFl4ZWU1UjNxdmhiOUhKeFdVQVJIVU5UUWVyU2g3ZHhPTFlfUnUxMGx3MURFcGNPSGw1b3c9PQ== | Z0FBQUFBQm9YZWpSeE5UTzRqcTZ2N3lVa3VIb0RvaVVqNFVhNVREaC1zZm40eFFXQ3FlM1E2R04zQW0zQU1oWXJ1bjc2U04wNFNyQkRlbkMwN1hrMlptOE1wTE14R1lwNmVVY3oyV193ZEtHa2NZUktqazJVUVdmM2xRamVGYnExX0hhbFFVeXIzb2JZVzNjd2dXLU02dUFqZGJOTlpfZWgzbWFIVmpxNXdHbl92S21GY3JHRnFZeUZRNkdxZ0lBeG8wTERhZjRpR0I4 |
https://x.com/kzKallisti/status/1924900968883278109
One of our whales has pledged that they will match any contribution to the Selene Wallet FundMe campaign made within the next 48 hours!
If you were thinking of sending us some sats, please do it now!!
https://fundme.cash/campaign/31
If you would prefer to donate to an address instead, use:
bitcoincash:qqy5j7dc70yun80cjjdryq2709uxtgj2ecznnqyny6
All sats sent to this address will go to the FundMe!
Thank you 🙏🙏 | r/bitcoincash | post | r/Bitcoincash | 2025-05-20 | Z0FBQUFBQm9YZWpSeUdIZko1eVl1VmZNVFJLQWR3TzlST1Jfd2wzSy1UWXo2bWhhRzBXcjR3bzFTZFd2bHAwZHBEZG5PcTkwUW1fajhBUHRZUHVWclVxMTNJekNfeTgyN3c9PQ== | Z0FBQUFBQm9YZWpSLTNmdlF2VzQzYktnVFZDSEtUWmNiR2VhOEo3N0ZyczR3akJJTFp3ZWZTWFJBQm5BOVJHemJMTTE1YU9nd0JFc3J4OHc5OXZDTVlOSlJiNFNmVE4tMzF1Qk9COWh0N2puMXFZRU1wSi1PVE92c1JpOHh6a2JWVkd0dnBMQVlVaFpxMEFBeGlIWW9IVngydGhJU1I1LVJjYW5jcHU3SEVpb09teDY1LVNCa0JJYWVfZ1dKcktZUU0wTjVnOVdwcndU |
Just a thought after the 100/90 day tariff pause by trump, nothing happened to this coin, any thoughts why does this one doesn’t move at all? | r/filecoin | post | r/filecoin | 2025-05-21 | Z0FBQUFBQm9YZWpScFJUSUI0TEpqYWQyTU9CUUY3X0djS3psQ0dmbjgtY19JRWpuVjJYNkREREVydVJtNkhWUVBCQktlTVVCZXh2c0RYUDVMdlBNUFNtSjFkUmU5ZlVRMUk4bV9oMDlld3J4Zk5VVHp2dF9VSkE9 | Z0FBQUFBQm9YZWpSM3F5VDdZY0RNanB5d3k5Y0taWFRpMzBCY1BKd3VLa0YwZ2pUSHhPS3l2aTZZYjZLSHhBR0NVaWFnUmtnNzJhWUY3YW9yV1VBeDVHNmNBZVpjeWt6MjVfUVNMcFFCU280R0MtaVFtRHZaU00ycVpGMjVDS0E0MnpfNWRDRHBsUXZtdGt2dkRfSDZ1TGJia181S2FFSE45cU5ndlVzV3gxMWFmQ3JaTDFDMVN3PQ== |
Hi guys!
I'm hosting BCH community only freeroll poker tournament at [Basepoker](https://basepoker.com).
Guaranteed prize is $100 (0.25 BCH). Max limit is 200 players.
⏰ Date/time : May 23 / 14:30 (UTC)
🏆 Prize : 0.25 BCH ($100)
🎫 Ticket : Free
🔑 Password: 4280
🔗 Link : [Tournament lobby](https://basepoker.com/tournament/nSHxDiuHqupirKsMjZVqWm4EhjtB9S81O20LaWSvNwirf1LI1Z84YulkyFkzR0iS)
Looking forward to see you on the table!
https://preview.redd.it/gr8lbgta542f1.png?width=1080&format=png&auto=webp&s=621649e847491eed0719f2611f5e751c62962127
| r/bitcoincash | post | r/Bitcoincash | 2025-05-21 | Z0FBQUFBQm9YZWpSSmZwYTB3eWdxazdzaGJ6QnVjYVZEVUMwLXB1VjJxV3ZSSVh2dW1RaG9uRGZpeFFLNnc4YUNaNjliMHFvNVNOeWF0N2RpNmNDRGhwVkFWZ29lVE1BaF94R1RGRnVJcnM1bW1WTG1rdTk5ZkE9 | Z0FBQUFBQm9YZWpSc2lnRFAxaG9tcVVhOENsYXJEV1ljM0ExRTdzTFR4bTNGNVczbm9KZ2ZOTmRTc3dwczFOcm5PWEZaeGVDOWJvWkdRT1BjeVdVRHk4a3VvWTdpVUtqU2VOVzF0dGpaeEp5NnNialNqMnRYSTd6UVpIaF9WcVYxUTQ0aXRkU01RQTVScHNHaXFNa3kxWG9sVlNaQ200RVJpVGZFZjNGYTh4eHowb29oUWpBOElKbzFPdGtLdFhsWXdSU3dIRnV4eWRCR2lpOEQ2SHd2dkpHTlhZVjR0Y1liUT09 |
ERROR: type should be string, got "\nhttps://www.meetup.com/bch_global_meetups/events/304723465/?eventOrigin=group_upcoming_events" | r/bitcoincash | post | r/Bitcoincash | 2025-05-22 | Z0FBQUFBQm9YZWpSMzVRZC1UalJoTlRkeW84M09NRVBrdTdxT25FMjZfRDNjREJDRXhndnNxVDlFZDRnbk13WTNObGJaUGZKQ3NqUTBWWnozQ0lIeDF3RXM3RW5NOUhTSnc9PQ== | Z0FBQUFBQm9YZWpSenZPZUUtWDhCQnBjTEVLaGIzQjZaaFpGQk5IQWlfdm1ra3F6dUd2MnZkVXpYTFlOanlrZW15dlpQTDJWZ1pEcm9ySnhlX19fSEVpT293MnEtRWZTcWZxY3N2TkNYZlV3NlBMQjlMY2lIR3JQLTA1R0FyOXpKTEF1V0ZUQlU0ejBUamw3cFhBYXM0TGl0dDk2RmdicW5RNWN0UlpaeHVkUDhlN1NTRFF0ZUdORHdfdXdjVlRvVVhJM3ZKVzhNb05aT1pLTVF0MVlaQkpUVy1lOG90bWhhdz09 |
Looking to get beyond hype and into fundamentals. Which of these chains—ADA, ALGO, SUI, NEAR, KASPA, or HBAR—has the best long-term tech stack for quantum resilience, scalability, and efficiency? Curious what devs and researchers think. Which has the real innovation under the hood, not just marketing hype? Post-quantum cryptography, TPS, energy use—drop your insight. | r/cryptotechnology | post | r/CryptoTechnology | 2025-05-22 | Z0FBQUFBQm9YZWpSVDI2LTB5X2FOYU55QVZYcHMtaHBzZmljdFByMUVFTGdFNXNHSGV6OS1mNFBZdTFTeVNBWFk1Q0VUbUJReXpjdXYwcFJHMEkwNE1FS1RhZ01vVU5mVm9qUHhsV2RJS0xJWUF1aTJEaVVmODg9 | Z0FBQUFBQm9YZWpSLWhPcTBlcUtYcW5kY2UyN2NFMmRvbkhDSzZZc2ZVZG5TWXpjN0MzeTdoME9vRm0tVWVFMVJyUkpsMVJ0OEd0RGl1amJSckFTdEhTM2g2UE5Da1JWVlcwbGUwa2ppckNkLXZPUnY4Y0VVVzZWV0tiMTdlR053bTMzV2RFU1l2WFJiVTF5UFZmUnE1enc0Y2hoTmpIMk81elpaOTIycjNscll2WTdvNV81WW4zNTBWUEVKcDJHV3dIdVh1NDNnX2Voc2xBeGxQN1gxR2VMNmY4RzE5bG4wZz09 |
I've been brainstorming ways to reduce the power usage of PoW, and this is what I came up with. I would appreciate any thoughts/ideas here, as I'm still not sure if it would actually work in practice. Thanks!
**Delayed Proof-of-Work (DPoW)**
A theoretical consensus mechanism for energy-efficient, time-regulated mining.
**How it Works:**
1. A new block is added to the chain.
2. All miners start computing a VDF (Verifiable Delay Function) with the latest block's hash as the input.
3. The VDF is designed to take 4 minutes to complete, enforcing a mandatory idle period.
4. The \~1 minute mining period begins when miners complete the VDF.
5. Miners compete to find a valid PoW for a new block, which includes the VDF output in the header.
6. The first miner to find a valid hash broadcasts the new block to the network.
7. The block is verified by nodes by checking the VDF's output is correct for the previous block hash, and that the PoW is valid.
This cycle of a 4 minute idle period and a brief mining period continues.
**Key Advantages**:
* The idle-mine cycle allows the network to operate with \~1/5 of the hash power of a standard PoW blockchain while still taking advantage of the security properties of PoW.
* During the 4 minute idle period, the blockchain is guaranteed to be static. The predictable delay means blocks are propagated and confirmed in a more synchronized fashion, which could reduce synchronization issues and orphaned blocks.
**Potential Issues:**
* VDFs can be computed slightly faster on hardware with higher clock speeds or specialized circuits, resulting in some miners having a longer mining period.
* The short mining-window means that miners on faster connections will have a significant advantage over slower connections, as they will be able to propagate a mined block faster.
* The VDF also uses energy, although negligible compared to the amount that algorithms use.
* Miners might redirect their hash power to other cryptocurrencies during the delay period, which would undermine the goal of reducing energy consumption.
* A malicious miner who obtains or predicts the next block could start precomputing the VDF early, gaining an unfair advantage. | r/cryptotechnology | post | r/CryptoTechnology | 2025-05-22 | Z0FBQUFBQm9YZWpSc19aZGxuMDUtOHFIVjhUQUtNTGtSTGYtdmszVWNSTlVtUWNsRmlEZGhpN3pFTjhMbEZlRkpVekhHaEMzV1FIN1RkT2lLRHpubHZIVEZvTnBubXdIX0E9PQ== | Z0FBQUFBQm9YZWpSbHd2bVNFZE5KSVc2T1lfX2JXYWVPcU1FVVBiRnFhQ1J5blQ0T2NpbVpNd203VTdQQThqSDFmU3IwNC1IWE5kWE9qYlNyaExtUVpXMGd2aFFFSTBBbGNTU2h1MXBtcUlLOENLRFRlVTZJMDRRRnhYNFd3Z1k2TkdyYW1tOHN6a0k5eVhITHRzb3ZnNDBTQVBodHQydkdkWmd1UDByYmJRUkUxczN0OFlucEM3dVJzMUlocmtLaEtsMkRicTMwaUUtNno5el82dHZJamI5M29aeHotRllmdz09 |
If you want profit,invest in some other shit coin. This is the shittist coin I have ever seen. | r/filecoin | post | r/filecoin | 2025-05-23 | Z0FBQUFBQm9YZWpSbTZNczBSQXJIQlFYUVdpVmpqbE1lMUUtRmFDNmtTXzJPYk9GYzNneXBlcUlhN1Mxd19NX0dfSGlRRFlWaUMwUzVyeld3M012RzJueW53OWJnRFRGMWc9PQ== | Z0FBQUFBQm9YZWpSemxqanhsNWQtZXNpcU9RWWtzcWRRZm5tWHlidF9DdWRLbVFzdTNINmxxekFPSWpnY1dlWlhKUW9wNG9Cd1RidjZ1VTd4dmpIdkoyUTdCb0lFOXVFQ1pFbE9DZnFsSm1Xam5OMGpXVUNXaVFKcFNMdnUzSWlBcDF5WS1hRUhXUXFZdFY1TkJ5QmZnZGdFRDZKMk9kUEJKNkRjbWFZWHl0TlQ2eXJWbXRqbmpnPQ== |
So I updated my C compiler (it was 12 years old) and with around half a million lines of code in my home brew MMODC (Massive Multiplayer Online Dungeon Crawler), I had to spend half a day changing stuff to make it happy. One of the most critical sections is crypto deposits and withdrawals.
I checked with Dogecoin, Ravencoin, Litecoin, and Myriadcoin fairly quickly. Last is BCH, I know it's slow. I make the transaction test, then go to an hour long lunch. Come back and check. Oh no, the crypto manager failed to detect it.
Start debugging. At some point, I open a DOS window and type "bitcoin-cli getbalance". Wow, didn't even show up in the wallet output. This is strange. But then I see it when I dig deeper.
Ah, I forgot to check to see if it had confirmed earlier. Just assumed it from going to lunch. Checking block history, I see that 899,513 took about an hour. Next block was only 8 minutes, but then we wait over an hour again for block 899,515.
This is not acceptable for an online game. People shouldn't have to wait an hour for a deposit. It isn't a problem with other popular coins like Dogecoin, Litecoin, or even Ravencoin. All proof of work chains with a daemon core for easy communication.
Seriously, we need faster blocks. Avalanche is always several years away. I see post about it going back for eight years. Longer than BCH. Almost as bad as lightning.
I totally understand the need for Avalanche for point of sale, but in the meantime, we need faster blocks for online services.
CHIP-2025-03 Faster Blocks for Bitcoin Cash
[https://www.myriadmaze.com/](https://www.myriadmaze.com/)
Note that I wanted to link BCH to the inline commodity (which is called Glitter and can be used for trade). As in one BCH bit = 1 Glitter. It was originally coded that way. But the block times were a huge problem. I eventually settled on Myriadcoin instead. As in one Myriadcoin = one Glitter. Dogecoin or Ravencoin would have been totally acceptable options too, although the ratios would have been different.
TL;DR; Just Ranting about slow blocks. It really makes no difference now.
| r/bitcoincash | post | r/Bitcoincash | 2025-05-23 | Z0FBQUFBQm9YZWpSSnFoUnZFbkNrUVZNS3pkb3FRcHFsQVpnTUlxX19Nd2YxODB3NWFfWTc4NHpMWGstZ0NJeWtzekNBT1ZmTkFWb3dJZWY0ZUdiTjYydnVaek4wSGFIaHc9PQ== | Z0FBQUFBQm9YZWpSelA4Tmhkb2wzanBFUlRYYXdhMngzdElqYVBSUXk2SlZSY1Q0N2ZER0MxNWJTYXlhYm9LNVkwQnVqdXBmZ2pTU1NYelNlN0ViS0UwNHhfcVNDZklkcDRlaXNSclpEd2taUnlfSnhMc19vcklTSTI2VGUzclBqcnZmQjNMQWx2SXpMQl95Zm1MLXBoMTN1dU1TQjJCeWZfN0NCUGJUUk55ZmpUdzFxWndCLVM0PQ== |
$100 BCH freeroll game is running in 2 hours.
[https://basepoker.com/tournament/nSHxDiuHqupirKsMjZVqWm4EhjtB9S81O20LaWSvNwirf1LI1Z84YulkyFkzR0iS](https://basepoker.com/tournament/nSHxDiuHqupirKsMjZVqWm4EhjtB9S81O20LaWSvNwirf1LI1Z84YulkyFkzR0iS)
Password: 4280 | r/bitcoincash | post | r/Bitcoincash | 2025-05-23 | Z0FBQUFBQm9YZWpSOTVSMm5ickM0eEhaM2FoNzF4eVgzRTFLeW9mV1JBME9iZTVqUjNZNExkX0c0ZW9FUWRSTVh6S3VzdlJ6Tjlpb0Nwa2w0S3B0cFFYZkFudjNXQmFVdkRFMUxVN0hJTG9LUVBDTjM0M0gzVW89 | Z0FBQUFBQm9YZWpSNUt1S2pPY1F3emNZR180MWFuTWQ0Vmp5cW1nQTdhMmJBUndVV1k2TE5NYUxiSkZsWkdRTWh3ckxNRE5CWUJBR242SEtseFZ4MFk4eWN1TWEyRUpXUVVtNWtNWVZYeVdpTFRoVnJjU1V3RWI4ZnZ1d3VZMVJRSHc4UWlVNTRFZjktYXMwSXhPNGhubEhuMVJuUW4yZHNrZjdrcW1sNlBlYVpIV0ZMTk1hYkZ1T3J2ekRGOUZkckZfak9rLVo3Xy1s |
Hey, I am working on an idea that allows you to transact privately. Privacy and accessibility over blockchain have always been problems for any business to adopt crypto as a payment option. Even users try to avoid crypto payments to unknown platforms as they don’t want to give out their identity and financial history. Just transacting between friends is also hard due to the lack of privacy in blockchains. You mostly don’t want anyone to know how much crypto you hold. The idea is simple, have someone keeps history of your transactions, everything remain encrypted, just that guy have your data in unencrypted form. If govt asks, they comply, but not for general public. This makes it able to provide privacy, while not being treated as a mixer.
I would love your feedback on this. Would you use such a tool?
| r/cryptotechnology | post | r/CryptoTechnology | 2025-05-23 | Z0FBQUFBQm9YZWpSNGRSZEFGMDFTdDF1dWZsWVkzdUgyNUV2YmozdUFyR2k1N0hZOFJKVDlGRFRjZlAwdEpNbWg5Y1ZUZmM1RXBRakRvaHJ3M3dpTy13MmdiM2tCZFlaUXc9PQ== | Z0FBQUFBQm9YZWpSbkQ3RWRxRFJ4cE9LTm80N0t6YWNFTlAtbXU2dFdXc0VKQU5jdDF2WGptUEEzdnNCTjRaNDRkcHVlanM5UElXVWFGZFNQZTNKZFZVOUo1Wk5kT1pVSjduNVctM09EQUxjVExoQTJ3a1plcjFvQ2d1QUJ6WDRaenhzVDlWaS1paVhGUWxObnQwa2d2MGpkc2lWNXpuZUFEMEw3cElfNGdYYV9PY1RpdHpTeDRCUlN2cUdWaUMtdUhqZE42MFNHVHJF |
Ok so I know the title sounds kinda clickbaity lol, but hear me out. This question has been bugging me for a while and actually motivated me to start building an open source alternative to current blockchain tech. I've been trying to make something stronger, faster, more private and decentralized than what we have now.
Yeah I know there's like a million projects claiming to do the same thing, but I wanted to share what I think crypto actually needs to be. Would love to hear your thoughts, suggestions, or ideas on this.
So my project (I'm calling it Volt) basically introduces what I'd call a post-blockchain architecture for moving digital value around. The big difference? It doesn't need those massive globally replicated ledgers while still keeping the security guarantees.
Each node only stores one 32-byte global state root of a Sparse Merkle Tree. Account data and proofs get fetched on-demand from a DHT network and cached locally. Transactions carry the Merkle proofs for sender and recipient, so every peer can verify and update the root super fast. No miners = no fees = instant transfers that are private and scalable.
Not gonna lie, there are some tradeoffs that feel strange at first. The weirdest thing for me was not having tx history or a block explorer. It's kinda like being lost in the matrix lol. But maybe that's actually good for privacy? What do you guys think?
Do you care about having a public ledger, or is the privacy worth it?
The code's on GitHub if anyone wants to check it out or contribute. I'm just one dev so any help is appreciated.
You can take a look at:
[https://github.com/e7172/voltnetwork](https://github.com/e7172/voltnetwork)
Let me know what you think! | r/cryptotechnology | post | r/CryptoTechnology | 2025-05-23 | Z0FBQUFBQm9YZWpSRzdvUnR2UTFPSjNEMmRueEtjdWx5RThZR0hMX0hwb0JGckhwVkZXLWI1UXhkdVNGUS14Y3lMdUZ5ZGFSY1laS3V4N20wRlAtTnVvd2pkVTRnb04wRnc9PQ== | Z0FBQUFBQm9YZWpSTTRSMFpSamZMUjBUZ2F2TFR6TE95RWhXN0dCNVhRNE1qUWwtbzFkdmVKRTYta0hCcWFwdnU5b3V6U19LNmg4aHdueDY4NjJpUElLa0tzc3VlRUxkV0lYQ0FYWk9oNGpVcUhSUFJHTm4xNGRYdkoxY3JtcElPNmJOLWF6d3RwX25GX1NPd3RpWFZpendybGFEbnRpTk0wWUxtdkxxVGNqamFpVG95c3VDZlJvbm9seHV2aE0zN1l0YndiRUZEMnlJ |
Bitcoin would be nothing without Wall Street pigs & slimy regulator hands all over it.
XMR is true crypto. | r/monero | post | r/Monero | 2025-05-23 | Z0FBQUFBQm9YZWpSZFY0cWVGUlpSS3MzRUdxYUhTRG1mMUxGVHNBc3lnUklqYWlSN01YaWRpT3hhQ0RsZ3pzanlLQUtSUG1Ibm1BUV90ZFFGaEpzcld2bUg2a0xINUNfQ1lpSVZDTXlDeXg1UE9lS0x2UUxMQms9 | Z0FBQUFBQm9YZWpSdk1JZ3U3NnlFUW1QbG9fUkkyTVBnUV9uQ2MzTHNXVGkyZWItbnBsRzJRWTU1Z2ptZk55cmhyUHJEWWhjNlZZcjh4Z1Z5TXhFUUZ1UXB5RktXY1ktcU1qSUZpTUxOWVBYazAxcFpxaUw5UTREUFEtVmJmejhaYmZfYVJ5UmVvUS1YZTRRRklPdFZvYmFzTzAtSWo3Umw1ekhVOU5YQjR1UmJYTVUwVjNDdktYdFZzR1hsWUhLSllRNVNjcXRhSlF4 |
**The issue**: Many tokens explode in price early or at some arbitrary date only to later collapse and never reclaim their all-time high. This applies not just to memecoins or purposeless tokens, but even to legitimate projects with real innovation and flawed tokenomics.
**My proposed solution:** A design that converts chaotic momentum into stable, gradual growth using math and a touch of community coordination.
**Feasibility rationale:** Tokens like DAI prove that the power of math and community can stabilize the price of a coin and peg it to a value. We can apply the same principle power with a different design but **instead of a stabilized peg, a stabilized growth.**
I have in mind a complete technical design and the ability to implement it, primarily in solidity (for eth or an eth based chain). It is completely trustless with no centralized control and includes a semi-DAO mechanism where users can collaborate and direct the assets backing their tokens into permissioned smart contracts so they can capitalize on the assets they control but can't force use the assets of others.
**Key Features/Properties:**
* Tokens acquired directly from the protocol can have a "forever break-even liquidity" while the price is algorithmically designed to grow at a stable pace.
* (For a CEX to utilize this feature they would have to integrate the smart contract interaction. People who spot trade it are exposed to financial loses).
* Token-backing assets are not trapped and can be funneled for utilization .
* Protocol users can vote/vouch.
* Protocol fees for yield.
* Growth parameters (within pre-limits).
* Prevent the release of team tokens.
* Don't like the team? Vote that they'd get nothing.
* Funnel funds to an external contract using a minimum threshold at deadline logic.
* Verify onchain a statement they made. An immutable proof that they said what they said.
* A complete fair launch with a given grace period to join at the base price before growth logic initiates.
* A genuinely benevolent trustless design. "A token Coffeezilla would be proud of".
**Reasons for me not to do it:**
* I lack marketing skills.
* I lack visual design skills (I can do a practical UI but not a conventionally beautiful/attractive design).
* UX may be complex.
* Team disincentivized. My intent for a fair financial design may discourage potential collaborators.
* Regulatory gray zone due big brother progress proroguing governments.
* Hard work and effort that requires motivation I don't currently have.
* "Too Ethical for Degens" In this market, many people want to gamble and see 100x returns within a few days, they don't appreciate steady appreciation and those who do lean toward Bitcoin and large blue chip coin.
**Reason why it should be done:**
* Addresses a Real Problem. Offers an innovative low risk financial opportunity that is brave enough to see beyond short term greed.
* Innovative Tokenomics
* Built-in Integrity. Potential collaboration with Tegridy Farms.
* Realistic semi-DAO features. Community-driven, but without the overly complex systems that open the door to protocol-killing exploits.
* A fair, trustless, ethical undertaking.
* Could be fun
* Could be profitable
* Within my capabilities if I find the right support
**Thoughts?** | r/cryptotechnology | post | r/CryptoTechnology | 2025-05-24 | Z0FBQUFBQm9YZWpSN2x1aF91ZTh5YWtkMmRfdlBlc1hHOGROazdLOGNpRERtU1I3UFVpdTZVcDMtTFNDUHo5ZWxnZjNQd1J1d240aTQ0eTNUZlBCUzZtbDlQUUFTOVNhQnc9PQ== | Z0FBQUFBQm9YZWpSb0owcUpDZ3kzeHVzTXl4dkJCdlhqYVZVTGJuc0dwU3RDYUU4TGdKVkczNHREc0R4N1h6NnJ2cXdtTERXakhPZGNJSEIxaHJwRlpMMXczX2ZOYkVHQnFLNVRSdUFfTGJ3SjlQZkcwWmx6dzRRbVJGbGYtUmtPNVZEVGRYTW5FQnJpWVFUTDBRcWpMZVY5RGk5Uk9vS0RsUzhfSlg3WUVZM1dPUVlGM3pfNTdERGlQZXlJSUF2SmRTT1d2dlEyY1ZpR2lmUU02N2tWb3Z0YzJKSkx2a3BSdz09 |
Roger Ver alias Bitcoin Jesus risk 109 years of jail
My bet is they want lock him up for telling truth about BTC and steal his crypto (surly billionaire)
He was and is a fervent defender of BCH and Zano and so is a threat for bankgsters
My question why does he doesn't appear on tv to talk?
Why there is no actions to defend him
Exemple using drones in a concert with 10.000 person
Buy a 5 min discussion in a crypto channel talking pro BCH (pay them. After all bankgsters promotes BTC with owning medias and corruption so...🤷)
Etc
I could maybe make him interview by the Isriss Aberkane more 1 millions youtubeur
3 phd
Known for taking position against the rotten elite
Is he allowed to talk??
Maybe allowed but preferring staying mute during for now...
I am not sure it will help
Banksters want see him muted🤬💔😩
DO NOT FORGET TO SIGN AND ADK TO RELATIVES TO SIGN
https://www.freerogernow.org/
Apologies for my English
https://whybitcoincash.com/fr | r/bitcoincash | post | r/Bitcoincash | 2025-05-24 | Z0FBQUFBQm9YZWpSZVo3NUV2OXN1SlNSM1FQeGlSWHRIRHo0WDBPMG5EOXNTejlPZVU0N2oyVlpZQlhSTG4xOXVsVTdxbkp1dXlRWVJWNDBIM3RSZllNeVBDdHBGZUpzcFE9PQ== | Z0FBQUFBQm9YZWpSNE5KZ29MR3c1ZFpsaDIzbEdlSFUtQ0theFhkYzI3VDB3SXlJVkdweHlOd2hUSzRNR2pyemVra0h4QndLMmEyaDVOOTg5Z3JwMjVIUDN0LTJWc1RteThfSi1NWk9WV1V2RHA4V09xMXZYUVJZUkZRdkVWWFNWSUlQdFVtQzR4d3dsWXc4V3Q3SHVhbUNyU2duRzh3UmhleTlsMlpSOWxKekY1Z2RuRXpoOV9nPQ== |
Hi guys!
Good morning/afternoon/evening!
Here I'd like to give you my idea for making Monero (XMR) as scalable and decentralized as possible (and even shut up the r/bitcoin people).
First of all, the idea would be to make those excuses about the blockchain being too big be completely destroyed, it would be to make all users own a part of the blockchain (probably a few kb, by my calculations if ~200gb are divided between 5 million users it would give 40kb to each one).
Well, the idea that each user owns a part of the blockchain would make the blockchain have no single points of failure, and would also make it even smaller since each user owns that part, but you have to ask yourself "what if one day the blockchain gets so big that each user has problems owning that part of the blockchain? ", until that happens we probably won't be alive or the storage space will become something bigger for users (just as in the past a few MBs were a lot, nowadays they're practically nothing and can fit on any Pen-drive with spaces of up to TBs).
This idea seemed good to me and I wanted to share it with you, what do you think?
and many people on r/bitcoin say that Monero is more centralized because it has fewer nodes (around 5,000), and that this would also make remote nodes useless (i.e. without Chainanalysis and cyphertrace infiltrating the blockchain)? | r/monero | post | r/Monero | 2025-05-25 | Z0FBQUFBQm9YZWpSTnNNOW9IbHIyNm1xdDdhLUI0dTZqYWVqLVd6czJWTzV2VENNSGxLTkRnMFNQSnR5M1g3R0xyOGxkYmgyaXVsalpTdFdyTlJwbWVnOTkzR3dEODhUWVE9PQ== | Z0FBQUFBQm9YZWpSMkpadElsay10QXVnaHZZMWQzb1hBd0FtalRsckdTdFU3Uy03c1NlSTdWUzViMHZRZDFsM1hydzR2d2xQRjFITXg2MFRuZFRuX0V2TEM3Tk5UVXRjOFpmdE5pazQ2ZnBhMVYxXzJNTVVZTE1HVG9PSmQ2Rk45dkZQRmNqM3F6STBlN0V2TDhmQ2k2V3ExbllaYlZsRlkzUmZRV09Kd0dJSmotNEhtWm00VFFid0s1b2x0dFVDNWxVTWQ5Wml0VVhR |
Please stay on topic: this post is only for comments discussing the uncertainties, shortcomings, and concerns some may have about Monero.
**NOT the positive aspects of it.**
Discussion can relate to the technology itself or economics.
Talk about community and price is not wanted, but some discussion about it maybe allowed if it relates well.
Be as respectful and nice as possible. This discussion has potential to be more emotionally charged as it may bring up issues that are extremely upsetting: many people are not only financially but emotionally invested in the ideas and tools around Monero.
It's better to keep it calm then to stir the pot, so don't talk down to people, insult them for spelling/grammar, personal insults, etc. This should only be calm rational discussion about the technical and economic aspects of Monero.
"Do unto others 20% better than you'd expect them to do unto you to correct subjective error." - Linus Pauling
**How it works:**
Post your concerns about Monero in reply to this main post.
If you can address these concerns, or add further details to them - reply to that comment. This will make it easily sortable
Upvote the comments that are the most valid criticisms of it that have few or no real honest solutions/answers to them.
The comment that mentions the biggest problems of Monero should have the most karma.
As a community, as developers, we need to know about them. Even if they make us feel bad, we got to upvote them.
https://youtu.be/vKA4w2O61Xo
To learn more about the idea behind Monero Skepticism Sunday, check out the first post about it:
https://np.reddit.com/r/Monero/comments/75w7wt/can_we_make_skepticism_sunday_a_part_of_the/ | r/monero | post | r/Monero | 2025-05-25 | Z0FBQUFBQm9YZWpSSVhqV1Q0R1hIZTJsOFpqb2s1V0c2Y0RReERsNWc5TXg0bTFPajBGMXBoVjhiQzNya1BsU1NpRXVfcG0teFBkYTRXVjlHLTF2M01zYkdkaVN0UGNzdEE9PQ== | Z0FBQUFBQm9YZWpSbFRuMlhVckRHcGZ0dnI3eFlPelB6RUlTOXBQY0pOelVLZmMxbXdPNmJqakFBUFA1LTB3dUpSZkQzN0d6UzBnZG43OTM2LVRwTXVqd1hmeEJpQXFyNDJrb3IyTkRIRkdaYUZRR1JxWGJDcGVpWWV4VGtUalBaREQ2UFl0U3dZdFB1dHZhQzRZa3VRaVpTYngyQ2hhNEpKRUFITlhvdGNjRzRJMUJ5R2xuRzNRPQ== |
SupportXMR having 42% of the hashrate, that's when my "spidey sense" kicks in lol.
Source: [Miningpoolstats](https://miningpoolstats.stream/monero) | r/monero | post | r/Monero | 2025-05-25 | Z0FBQUFBQm9YZWpSb050ckFsME90dWU3bE5MMFJHdHBuQXFaMXRIXzUwWWpMQ1NkNkxNckh0Q0R6Um9tNGN6OXlUTE00SEN4bkhMN2Vxc2d0ZVN4QjVGSGlxZnowR2pfT0E9PQ== | Z0FBQUFBQm9YZWpSSTd5U05QM2JQLVUwdURpamw2VmlxeFRWN0x6QjU0NzMtcGtYVzdEeVJScjEyY3RuWWFScEpHUXVsbE5YMWdhSUlvVHctRTlnTmRFSlkzVXc3QTM0NGVUU0RhcmJxWXBoYUJfdU5BbEN5eUVwZko3TGxhM0VHLXh5dS1SdU1aSGI5eS1TT2M1R1FKMF9KMWFXSFVyWjhTSGpUMGc1RWVyR3JCLVRDMHlQenVuVjh2N1owUmNDTVp2X2dyTXVBdWFM |
I'm new to this sub. I understand that Monero has great features that other coins don't have but there are 4 things that stop me from investing in it. So I would like to know your view on that.
1. Uncapped supply.
Correct me if I'm wrong, I saw that the current supply is 18,44M and the emission is 0,6 XMR per block since 2022, with a block every ~2min.
So that means the supply expansion is currently +0,85%/year and will logically decline over time.
2. Monero's performance compared to BTC.
Most crypto assets underperform compared to BTC in the long term, and unfortunately Monero is one of them.
https://www.coingecko.com/fr/coins/monero/btc
So this opportunity cost also stops me from buying it, as well as for gold for example. Do you think the future will be different ?
3. Balance between privacy features and mainstream availability.
If most exchanges remove XMR from their platform, companies and people will less invest it. For me, the reality is that most people and companies seek return on investment and anti-inflation assets, more than total privacy at the moment.
4. What are the hard wallets that allow you to receive XMR ?
I read that I have to download Monero GUI Wallet or Monero CLI Wallet.
Is there a risk given that it's not natively supported by ledger, trezor,... ? | r/monero | post | r/Monero | 2025-05-25 | Z0FBQUFBQm9YZWpSdjhSYXA0N211eTJfQTR6ZzdLNnhXRV9MT21LSTdMU3BIMGh3eEdnOWpvanRYNTBkSTBTMGw1YlZaRVdmbHlDbTYycGl3UFdNMnhOdmVPOVUtVU1aaC1oMTNtQjRSSmZRMFNET1BjSGtqSjA9 | Z0FBQUFBQm9YZWpSXzR3cjV3cXVFSktUOGwzdXBmSE9XVWk2RTM2TWZINDBOSGtNRHVWbnRYM280dDZiakpRN2lJTmJLQmJ3dXFwcHB5VndRVlJ5emd3Qm05YVZNVjNVVHNwQ1o4SVUxVGpqOGlTckVtMFZCYUVZQzdScHpKblZOR1ppb2VmTFRfZTlDQ3dqNnBnenlUZ0tBMV9WV3lZOGZoTW40Z19zeGpsTjlDU24xOEhJNVhzPQ== |
From someone who has been an avid XMR maxi since the economic crisis in Lebanon, circa 2019, to now, let me give you more hope brothers
banks are scared
keynesians fear Monero
central banks are trying to revert and force people to pay back loans they closed to banks at the new black market USD rate here which is around 90,000 LBP for 1$ as opposed to the old "pegged" price of 1,500 LBP
this is unironically insane, fucking retroactively fucking us over again and again
Monero truly has saved me in many ways some people here will understand
I promise you the world will see more and more XMR adoption especially in war-torn countries like mine
keep preaching the truth, keep your freedom and Godspeed my friends
| r/monero | post | r/Monero | 2025-05-26 | Z0FBQUFBQm9YZWpSYVFTNUhKN21FbWJGN085bVBqdjk5WW10ZDNiVEdSMkphN1N2bTB2eDRfUnNyRHQ3VFlZa2JtNjhFblNYRFBseXQ5ejVkbkdWMHdHdndnZzF6dE8yZnc9PQ== | Z0FBQUFBQm9YZWpSVU4zZk5hYllvU3N5SzdNaDZRc3ZMeHJqUGlNa2sxeEtYZG5kNGFQbjViOUJ6aU4xMzlYMk5wVUk4M1RVTWR0ejNVTWFZSjBZZi1GTTFVdnRJMzRaV3RaQmdKZERrRVU2b2l6N0xCX1hYc0JJYUg1Rjg4WXZkc3ljbFhZeF9SQ1FqVjYxMTBDT2NnTWZJYUlpc2MyNlo3NWlQU2xrWUtseFo3SjdFNnA1UzhjPQ== |
**Welcome to the Daily General Discussion on** r/ethereum
[https://imgur.com/3y7vezP](https://imgur.com/3y7vezP)
Bookmarking this link will always bring you to the current daily: [https://old.reddit.com/r/ethereum/about/sticky/?num=2](https://old.reddit.com/r/ethereum/about/sticky/?num=2)
Please use this thread to discuss Ethereum topics, news, events, and even *price*!
Price discussion posted elsewhere in the subreddit will **continue to be removed.**
As always, be constructive. - [Subreddit Rules](https://www.reddit.com/r/ethereum/about/rules/)
Want to stake? Learn more at r/ethstaker
**Community Links**
* [Ethereum Jobs](https://ethereum.org/en/community/get-involved/#ethereum-jobs), [Twitter](https://x.com/ethereum)
* [EVMavericks YouTube](https://www.youtube.com/@evmavericks), [Discord](https://discord.gg/evmavericks), [Doots Podcast](https://evmavericks.libsyn.com/)
* [Doots Website](https://dailydoots.com/), Old Reddit [Doots Extension](https://github.com/etheralpha/ethfinance-extension) by u/hanniabu
Calendar: [https://dailydoots.com/events/](https://dailydoots.com/events/) | r/ethereum | post | r/ethereum | 2025-05-26 | Z0FBQUFBQm9YZWpSWi1LU1Yxc0VfNXVhYjNHQkZoSjNvVXFkbl9vRGFPS1BCdjktTFJON1VJYldBUmQ1dFV4T2ZfQTNpUDB6dVRFTXo0blVCcWhCWFJEWVhrSFRBZmFtRk80LVd4OVRDeHlEQU9LeTlndTJDbFE9 | Z0FBQUFBQm9YZWpSWXNUS1E4b1R3dWdpSTFXMHQ4bFhXVldNUS04bGxRamNtLWpqOHlNd09NLUJBNHh4am40STh4aER0U21VVzAwZ1VsM09aNzZNMGVBZ202aW1xdDZ4X1F4anBtUkRUWjA4MTFrU29vbmZLXzEwVFM5WnBjczVwNmtKdGJJYkFTQ3QwRWhMcFJnbDM4X2tQUUFMOVFOSWxMRXE1ekNDLVhZdVh6eFg5TjlmWjBmT2ZoS2dxTDRPQTBrdHhZdXNTZmFM |
Given the success of the previous MAAMs ([see here](https://www.reddit.com/r/Monero/search?q=maam&sort=new&restrict_sr=on)), let's keep this rolling.
The principle is simple: ask anything you'd like to know about Monero, especially the dumb questions that you've been keeping for you every other days, may the community clarify it all!
Finally, credits to binaryFate for starting the concept! | r/monero | post | r/Monero | 2025-05-26 | Z0FBQUFBQm9YZWpSZ2ZOUElDUGFJXzk2aS1PczhOOXQzR0lfcFA1V0NZMjBRZWZ0T2lFYjg3LTZfcUFpUmxHVldEZVV2MUpjZS1FVU9WQmZMaXg2QUhnOEpfYnJlaEptQ0E9PQ== | Z0FBQUFBQm9YZWpSTXJaLW1IN0VPajVyanNFLWhTMmlwWVFveHlkNWZ6dHp4cFNaa0tySDVrdkI4UmtXLUloVHBITHVTTm9HVk9YR0RDa2NLZmxuaDVmVk5ZMVVJTXVfMHM0eVhWYlJyRWMtT1FnWWEzdDFkQ3VJd3dkZVV5U0g5M0xBMGt3UmVOVlg1SlROS2hUQUZxYzdGWF84OE5rRUNFTWdENTl5d0t1aDVRQ0V5UFdLZjZ5ZHNVZkcyR3dmYnJ4ZXpjMmJqTjhI |
[ECB blog](https://www.ecb.europa.eu/press/blog/date/2024/html/ecb.blog240613~47c255bdd4.en.html)
> Privacy will be guaranteed by *the regulation for the digital euro*, to be adopted by the European Union legislator via the usual democratic process. Ultimately, it will be up to European legislators to decide on the appropriate balance between privacy and other public policy objectives, like countering money laundering and other illicit activities. The digital euro will be implemented in line with this regulation.
[Regulation for the digital euro](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:52023PC0369)
> Protecting privacy while ensuring *traceability*
> ..
> Personal data processing should build on the use of *state-of-the-art security and privacy-preserving measures, such as pseudonymisation* or encryption, to ensure that data is not directly attributed to an identified digital euro user by the ECB and national central banks
> ..
> While offline digital euro payment transactions have similarities with transactions in cash and should be treated in a similar way in terms of privacy *specific holding and transaction limits for offline proximity payments are essential to mitigate AML/CFT risks*
> ..
I find many of bits from the regulation highly questionable and unspecific.
Is there any discourse over ramifications of the regulation (proposal)? | r/monero | post | r/Monero | 2025-05-26 | Z0FBQUFBQm9YZWpSLTE4YllLT3JsMGlrZGwzai1VTVlJUjlvUzl5ZlhTa1hSOEF3RVpFNF9vd3U2S19mSVU0TjdVWWdiekl2Z2JmbnRkRC1SY2V6T2VVakxOSWZRMGFLMFE9PQ== | Z0FBQUFBQm9YZWpSelJhWnhuSFV1SmhfRDhOS0ZYLTZtTGRxTUpDdGpUZEY5OWpVZ0ZSZVFLVXBVcVVyWXlYLVRuZEw5VmxVWnd4cnhnS1Z0S1RvbVdCV2Y5YzhIQ1lNUlo3RzUxTDBobUhsOU9NbzFVcEZ6ZjRfb3VQUV83Vl9RS2xhSy1mem90bGZPNENnOW1scTZ1UlFUOEdNY1hOSGlwejFZSGhmb1FNamoyNGhoVGg1WHdNWk04V082eG5fbDB0Z2Z3LVF0OU1u |
Been in crypto since 2018, and honestly, not much has changed when it comes to how CEXs operate. You’ve got solid projects with real dev teams barely getting attention, while low-effort meme coins get instant listings and banner promos
It’s frustrating watching legit tokens get ignored or even delisted, while something with “Shiba” in the name and a 1% burn tax trends for weeks.
If CEXs want to shape this space, they should start backing builders - not just whatever’s trending that week | r/cryptotechnology | post | r/CryptoTechnology | 2025-05-26 | Z0FBQUFBQm9YZWpSZDBPVVlxT3Z5TC1PMnJDdHlKMU9VaTRvN0hiVlh5blR3eUhfWGlDdWFWTGdCYUdTQmVYS2VmVFE0anYzVG5uenhmQ1c0M3FOb0puX2wwaDluM1NhZmc9PQ== | Z0FBQUFBQm9YZWpSWXE0RDBaV3NneFJiZVFXYmotN2pLVmhtNVB0LW16MGdhUy1BQVBtUjl5QTB0Q0NqMEY4OGJwbHpRTWdaZ1RvZmZTZXBOc2hkTGlQV1NDcmtTWEFNbXVzcjdFNUlEblVBR21xTXdoSlVIV0pYcmlKR1RwSktoT3ZvRFR3eS1FOUJzdFNKZ1BCVVpRU3pLVi1xXzVWVHFWcFR0ZFZnZWxXLTZLUklUTGM4NGN5Z3RMU05QVFYtd0JvaHJkaUlIRkhWT1pqT1dwdTZRQUZEcGRSSWpoR2RLdz09 |
Perhaps the git and website's instructions telling you to set up a local node intimidated you? Well, you can use a remote node!
p2pool even has a smaller, potentially more often payout than the minimum payouts of most pools
Need a GUI for it? Try Gupax/Gupaxx
Otherwise, if you know how to setup xmrig, you can also setup p2pool
1. Download p2pool
2. Find a remote node that's fast
3. Set up p2pool with the remote node, and your wallet's primary address
4. Wait for p2pool to sync
5. Start xmrig and tell it to use 127.0.0.1:3333 as the pool. No need to put your address into xmrig, just `xmrig -o 127.0.0.1:3333` | r/monero | post | r/Monero | 2025-05-26 | Z0FBQUFBQm9YZWpSUmctU2tBN1RVd0xHMTdCcUxsVXJYTHZoMGplaktFakJaeFpxbG9HY3d1dDN4NWZjWDFvSFRPaXhPUFVXWnNCcExCVXgwTWhkVDhJbjR1endCLXNLNHc9PQ== | Z0FBQUFBQm9YZWpSVk0wX0p2NGYzcXA1MHVjMUtlYjBIc09jam5Vdm42aFJCRDN1NnlfZXFqMFBER1daVXZBdUdLNHBYdWxIdXFwbHlBTkdpcE9VNzZFN0V0MXVQeVR5YkEtcUJUdjNzTVpxeWNJMXRGUVFMTFpGNjh3X1B2R1lPVkNfS21KSnRkSFAxck02Y1lfT3VPN015bVc3cDhUVXdSY2hRVm91cVlISnhfalN5STdjcGJoTWRUeFAwalpyZ2xKa2h3UHhyMUNxTFZjWnZOaWxkdGl5ZDQ2eW1ZM1Vldz09 |
I’m currently building a project on Ethereum for synthetic assets, but i was searching for a decentralized chain (L2 or EVM) to avoid censorship, there are very few chains with Proof of Work foundations that allow smart contracts. In my opinion, Monero has the best proof of work model and its the best store of value for the future. Aztec is building something on Ethereum that allows for private smart contracts, but if we have a bridge between the Monero chain and the EVM, Transparency is fine. Do you guys think there would be such a market for this chain? | r/monero | post | r/Monero | 2025-05-26 | Z0FBQUFBQm9YZWpSeDFNbXBYNDBlbjR2Y3UwZzFDMjNfdVBDY1VEN2c1TEdja3JLeEw2U0JBdTAtZGxqczBvbjNrNEFwWTUxeEFoOVZncmJ3WTMyeUVQV3V0enBxYnVFTHc9PQ== | Z0FBQUFBQm9YZWpSbF9TWHBSa3dURzRjQ1ZmNVZXOURWVEpkZ2xXYS1uNWV1aTRNTGlpU0pCUnUwUTMyREU3elk0Wkw4VVJGaTRoZFBFQXNvQWlteVk2Z3k2TEt4S3RuSDFadHpBclYyemVHWnQ1Rmhfblg1SHFaa3liUzdHQlJ6eG5LWkVSVVo2OHpjWk9KOGdzZFdvbkhYUG1LbnFIYnVSN0VsSTVDRUZSMUNxdjdSSVRTbkpIOS10TG9mXzB5aURwelM4MjlVbHJ3ZFh5VVV5WUt2WFlLOEF2dE9LLXJ5dz09 |
If governments, big banks, and hedge funds are embracing and actively pushing people to purchase a product...
chances are it's a shitty product.
Bitcoin's price may go up, but the embracing of Bitcoin by large institutions should tell everyone that it is now in the institutions' best interest to do so - not that they have capitulated to a force they can no longer control.
They now embrace Bitcoin, directly purchase or facilitate the purchasing of Bitcoin, and promote Bitcoin because it is something that they **do** control - co-opted long ago by the very institutions and special interests that it was created to circumvent.
The establishment has flip-flopped on Bitcoin because they have secured enough wealth and influence to ensure that they will benefit the most from it, same as how during the Great Recession ratings agencies were de-facto forbidden to downgrade mortgage bonds until the banks themselves secured net positive positions by knowingly offloading sub-prime garbage and stocking up on credit default swaps.
Governments and large institutions embracing Bitcoin should not be welcomed by celebration, but alarm. Bitcoin has made people and will probably continue to make people exceptionally wealthy, but we can no longer pretend it is the tool of financial sovereignty Satoshi envisioned it to be.
As Bitcoin adoption - not as a currency, but as a store-of-value - increases, so to will the regulations surrounding it. It's inherent non-fungibility makes and will increasingly make transaction activity on the network easier to track and, more importantly, easier to enforce regulation on. To quote Bitcoin power player and Blockstream CEO, Adam Back:
> "Bitcoin's fungibility worse than PayPal"^[\[1\]](https://www.youtube.com/watch?v=2eWMwj8AnA0)
Satoshi understood that any attention on Bitcoin at its early stages was potentially poisonous. It is no secret that Bitcoin was initially created to subvert the existing financial system and corrupt institutions that upheld it. So when talk of WikiLeaks accepting Bitcoin as a reaction to being sanctioned from traditional finance rose within the community, Satoshi spoke his mind Dec 4, 2010:
> I make this appeal to WikiLeaks not to try to use Bitcoin... the heat you would bring would like destroy us at this stage.^[\[2\]](https://satoshi.nakamotoinstitute.org/posts/bitcointalk/523/#selection-35.0-24.9)
The conversation reached an entirely new audience when on Dec 10, 2010, PC World authored an article titled, ["Could the Wikileaks Scandal Lead to New Virtual Currency?"](https://web.archive.org/web/20250512214958/https://www.pcworld.com/article/499375/could_wikileaks_scandal_lead_to_new_virtual_currency.html) With PC World being an extremely popular outlet at the time, this article brought Bitcoin the attention that Satoshi seemed so keen to avoid. On that same day - less than 24 hours before his final post on the BitcoinTalk forums - Satoshi would lament this development poetically:
> It would have been nice to get this attention in any other context. WikiLeaks has kicked the hornet's nest, and the swarm is headed towards us.^[\[3\]](https://bitcointalk.org/index.php?topic=2216.msg29281#msg29281)
It would be naive to think that Bitcoin hasn't been on the establishment's radar from an early stage. The smart ones within would immediately have recognized it as a threat, or as something to control. The swarm has been working in the shadows, and we are slowly beginning to see the fruits of its labor in the form of "sanctioned adoption".
When Monero is delisted from exchanges, or made illegal by the government, or smeared by institutions, **that** is a cause to celebrate, not despair.
Celebrate because Monero is working as intended.
If you've made it this far, thanks for indulging me. | r/monero | post | r/Monero | 2025-05-26 | Z0FBQUFBQm9YZWpScXhPa0s2eVM5a1ZRajloTElmWmpCdHl2dndsTmp2QU9iWVNqTEhJSmN0Y1ZYSmhsVUF3SlZVZHQ2Mk5jRTRDQ1lEN1NxX04takZocC1VMUlQRjVrOGc9PQ== | Z0FBQUFBQm9YZWpSakEwR3MxTlJZY0dSVnZiYUVQYS1oZm1QcWVPSC1EWU1aanU2dFlINHlfM0NmVG42Wi11LTR3aEFIOUJtMWRVOFhWWl9HTVI2VjM5d1BWeUtnbkVybExKOVhKazNnWTQtN1liVzlNczFzU1RDaVMzM2NwUm13RGtad3BRZ3llUmRCR01CckQtdkRMY1oyUzU5OWFTdVctd2twbGpXZ192ZDBDM2prU1RvOXdXcGRiZEFoaXM5ZUhIdUVfaFpQQnBBX0lLU2xxM2s1TEQxQi15QklwRjB1Zz09 |
How to as fast as possible update and retreive a HelloWorld.txt with that coin? | r/filecoin | post | r/filecoin | 2025-05-26 | Z0FBQUFBQm9YZWpSMVI5OEg2Ujl1Y0RqUVBYRzR2amVHaU14ZEtKTkY2TU5tZDM3eEQ4T1hyWHp4OEhiV216MGo1YlhzaE51V2l3Y3liOXJoNTgzZHpuQVhKTnJ4X2VRSnc9PQ== | Z0FBQUFBQm9YZWpSY003eHBGQnIwTWF5TDhoTEFNaFpNRjNvaTJZWDR0VHhLN0ZiRnhuWGxISHlaS1NnUEc0VEsxVURQV21LamR2QTRfbXlXOUR1TTFydzlZT3RwR2k4Qk1xb1NtU3BaNlhyS21VRi1xWWtHanZEYlV6MUYwcWRLNXZpN0tJTllNZHlvd2RDX25BUWloSGp4cXl2SUp4X0Z3PT0= |
Let's calculate how it would work out if you put 10 BCH into Cauldron DEX, swap 5 BCH for MUSD, and then provide liquidity to a pool with the resulting MUSD and the remaining 5 BCH. I’ll provide a comprehensive breakdown of the process, including the initial setup, swapping mechanics, liquidity provision, expected returns based on current pool data (e.g., 34.27% APY as the most recent specific figure for an MUSD/BCH pool, unless otherwise noted), and the risks involved. All calculations and assumptions will be based on the data provided as of May 25, 2025, and prior context from discussions. Since you’ve specified a price of $400 per BCH in the most recent query, I’ll use that value.
### Step 1: Define the Initial Setup
- **Initial Holding:** 10 BCH.
- **Price per BCH:** $400 (as provided in your latest query).
- **Total Initial Value:** 10 BCH * $400/BCH = $4,000.
- **Platform:** Cauldron DEX (https://app.cauldron.quest), a decentralized exchange on Bitcoin Cash (BCH) for swapping tokens and providing liquidity.
### Step 2: Swap 5 BCH for MUSD on Cauldron DEX
- **Amount to Swap:** 5 BCH.
- **Value of BCH to Swap:** 5 BCH * $400/BCH = $2,000.
- **Expected MUSD Received:** Assuming MUSD is a stablecoin pegged to USD at a 1:1 ratio (as per prior context from https://docs.riftenlabs.com/moria/), and ignoring slippage or fees for a baseline calculation, you would receive approximately 2,000 MUSD for $2,000 worth of BCH. However, real-world swapping on an AMM (Automated Market Maker) like Cauldron involves fees and potential slippage, especially in pools with low liquidity.
- **Fees and Slippage (Estimated):** Cauldron DEX typically charges a 0.3% fee per swap (based on prior data from https://docs.riftenlabs.com/cauldron/ and search results). For a $2,000 swap:
- Fee = 0.3% of $2,000 = $6 (or 0.015 BCH at $400/BCH, though fees are often paid in BCH separately).
- Assuming minimal slippage (small trade relative to pool size, e.g., ~$8,417 pool from recent data), you might receive slightly less MUSD. For simplicity, let’s estimate a total cost of 0.5% (fee + minor slippage), so you receive ~1,990 MUSD (instead of 2,000 MUSD).
- **Remaining BCH:** 10 BCH - 5 BCH = 5 BCH.
- **Value of Remaining BCH:** 5 BCH * $400/BCH = $2,000.
- **After Swap Holdings:** 5 BCH ($2,000) + 1,990 MUSD (~$1,990, assuming 1:1 peg).
### Step 3: Provide Liquidity to an MUSD/BCH Pool on Cauldron DEX
- **Liquidity Provision Mechanics:** On Cauldron DEX, providing liquidity to a micro-pool requires equal value of both tokens in the pair (e.g., MUSD and BCH). With 5 BCH worth $2,000 and 1,990 MUSD worth ~$1,990, you have nearly equal values, which is ideal for adding liquidity without significant arbitrage loss.
- **Total Liquidity Position:** $2,000 (BCH) + $1,990 (MUSD) = $3,990 total value added to the pool.
- **Pool Share:** Your share of the pool depends on the total liquidity in the pool you join or create. For simplicity, assume you join an existing pool or create a micro-pool, and your returns are based on the APY proportional to your contribution. Recent data showed a pool with 10.626 BCH and 4,653.52 MUSD (~$8,417 total), so a $3,990 position would be a significant portion if added to a similar small pool, but APY applies regardless of pool size.
- **APY Assumption:** Recent data indicated a 34.27% APY for an MUSD/BCH pool (from prior pool specifics provided, based on 48 trades/day). However, in your immediately prior query, you referenced a 20% APY. Since this query doesn’t specify a new APY and builds on the detailed pool context, I’ll provide calculations for both 20% APY (as in your last question) and 34.27% APY (from the most recent pool data) to cover both scenarios and ensure clarity.
### Step 4: Calculate Expected Returns
#### Scenario 1: 20% APY (Based on Your Last Query)
- **Annual Yield:** 20% APY on a $3,990 liquidity position = $3,990 * 0.20 = $798 per year.
- **Daily Yield:** $798 / 365 ≈ $2.19 per day (or more precisely with daily compounding, using daily rate of ~0.05%, $3,990 * 0.00050138 ≈ $2.00/day initially, increasing slightly with compounding).
- **Monthly Yield:** $798 / 12 ≈ $66.50 per month.
- **Time to Double Total Position (from $3,990 to $7,980):**
- Using daily compounding: $7,980 = $3,990 * (1.00050138)^d
- 2 = (1.00050138)^d
- d = ln(2) / ln(1.00050138) ≈ 1,382.8 days ≈ 3.79 years (as calculated in prior response).
- **Summary at 20% APY:** You earn ~$2.19/day initially, or $798/year, and it takes ~3.79 years to double your $3,990 position to $7,980.
#### Scenario 2: 34.27% APY (Based on Recent Pool Data Provided)
- **Annual Yield:** 34.27% APY on a $3,990 liquidity position = $3,990 * 0.3427 = $1,367.37 per year.
- **Daily Yield:** $1,367.37 / 365 ≈ $3.75 per day (or with daily compounding, using daily rate of ~0.0817% [(1.3427)^(1/365) - 1], $3,990 * 0.000817 ≈ $3.26/day initially, increasing with compounding).
- **Monthly Yield:** $1,367.37 / 12 ≈ $113.95 per month.
- **Time to Double Total Position (from $3,990 to $7,980):**
- Using daily compounding: $7,980 = $3,990 * (1.000817)^d
- 2 = (1.000817)^d
- d = ln(2) / ln(1.000817) ≈ 849.3 days ≈ 2.33 years.
- **Summary at 34.27% APY:** You earn ~$3.75/day initially, or $1,367.37/year, and it takes ~2.33 years to double your $3,990 position to $7,980.
### Step 5: Breakdown of Outcome
- **Initial Action:** Start with 10 BCH ($4,000), swap 5 BCH ($2,000) for ~1,990 MUSD (accounting for 0.5% fee/slippage), retain 5 BCH ($2,000).
- **Liquidity Position:** Provide 5 BCH + 1,990 MUSD = $3,990 total value to an MUSD/BCH pool on Cauldron DEX.
- **Earnings Potential:**
- At 20% APY: ~$2.19/day, $66.50/month, $798/year; doubles to $7,980 in ~3.79 years.
- At 34.27% APY: ~$3.75/day, $113.95/month, $1,367.37/year; doubles to $7,980 in ~2.33 years.
- **Net Position Over Time:** Your position grows through trading fees accrued to liquidity providers (0.3% per swap, as per Cauldron standard). The value is split between BCH and MUSD in the pool, and you can withdraw liquidity at any time (subject to current pool ratio and potential slippage).
### Step 6: Risks and Considerations
While providing liquidity with 10 BCH (split as 5 BCH swapped to MUSD, 5 BCH retained) can generate passive income, several risks could impact returns or lead to losses:
1. **Impermanent Loss:**
- If BCH price changes relative to MUSD (e.g., BCH drops from $400 to $350 while MUSD holds at $1), the value of your liquidity position decreases compared to holding the assets separately. Recent pool data (net BCH outflow of -0.43275294 BCH over 118 trades) suggests potential BCH selling pressure, increasing this risk.
- **Impact:** Could reduce effective returns below the 20% or 34.27% APY, or cause a net loss in value.
- **Mitigation:** Monitor BCH/MUSD price trends, exit if divergence widens.
2. **Yield Sustainability:**
- APY (20% or 34.27%) depends on trading volume. If trades drop (below 48/day as in sample pool), APY could fall, reducing earnings.
- **Impact:** Daily yield could drop (e.g., to $1/day at lower APY), extending doubling time.
- **Mitigation:** Track trade activity on https://app.cauldron.quest, switch pools if volume declines.
3. **Slippage and Fees on Swap:**
- Swapping 5 BCH ($2,000) for MUSD incurs a 0.3% fee plus potential slippage, especially in small pools (~$8,417 in sample). Estimated loss of ~0.5% ($10) may be higher for larger trades or lower liquidity.
- **Impact:** Reduces initial MUSD received, slightly lowering position value.
- **Mitigation:** Check pool depth on Cauldron, swap in smaller increments if needed.
4. **MUSD Peg Stability:**
- If MUSD depegs (e.g., falls to $0.80), your position value drops (1,990 MUSD to $1,592), negating yield gains.
- **Impact:** Potential loss despite APY.
- **Mitigation:** Research MUSD stability, limit exposure.
5. **Platform Risks:**
- Cauldron DEX is non-custodial; losing your secret phrase means losing funds. Smart contract bugs or hacks are risks in DeFi.
- **Impact:** Total loss possible.
- **Mitigation:** Use official site (https://app.cauldron.quest), secure secret phrase.
### Step 7: Summary of How It Works Out
By putting 10 BCH ($4,000 at $400/BCH) into Cauldron DEX, swapping 5 BCH ($2,000) for ~1,990 MUSD, and providing liquidity with the remaining 5 BCH ($2,000) and 1,990 MUSD ($1,990) to form a $3,990 position in an MUSD/BCH pool, you can earn passive income from trading fees:
- **At 20% APY (from your prior query):** Earn ~$2.19/day, $66.50/month, $798/year; doubles to $7,980 in ~3.79 years.
- **At 34.27% APY (from recent pool data):** Earn ~$3.75/day, $113.95/month, $1,367.37/year; doubles to $7,980 in ~2.33 years.
- **Position Growth:** Your liquidity position grows over time via fees, split between BCH and MUSD based on pool ratio at withdrawal. Returns are passive but require monitoring for risks like impermanent loss.
### Step 8: Recommendations for Proceeding
- **Start Small if Unsure:** Test with a smaller portion (e.g., 2 BCH total, swapping 1 BCH) to understand mechanics and risks.
- **Choose High-APY Pool:** Target pools with higher APYs (e.g., 34.27% if available) to maximize returns, checking https://app.cauldron.quest/tokens.
- **Monitor Risks:** Regularly check BCH/MUSD price ratio, trade volume, and pool APY to avoid losses from impermanent loss or declining yields.
- **Secure Funds:** Ensure wallet security on Cauldron DEX, use only official interfaces.
- **Exit Strategy:** Plan to withdraw liquidity if risks (price divergence, low volume) outweigh returns.
### Conclusion
Swapping 5 of your 10 BCH for MUSD and providing liquidity with the resulting 5 BCH and ~1,990 MUSD creates a $3,990 position on Cauldron DEX, earning passive income from trading fees. At 20% APY, you earn ~$2.19/day, doubling in ~3.79 years; at 34.27% APY, you earn ~$3.75/day, doubling in ~2.33 years. While promising, risks like impermanent loss, yield volatility, and platform issues require active management. Invest only what you can afford to lose and monitor conditions closely.
### Relevant References
- https://docs.riftenlabs.com/cauldron/ (for Cauldron DEX mechanics, swapping, and liquidity provision)
- https://app.cauldron.quest/tokens (for pool data and APY figures like 34.27% or 20%) | r/bitcoincash | post | r/Bitcoincash | 2025-05-26 | Z0FBQUFBQm9YZWpSNGlJOWhQbmd3SWQ5VUw5My1fN3g3cXJWemJiS1N5eXdEUW5LSy1ub0lma09qQVZ0ZDY2czU0MFgxNWFsWXE2T3Z4WjlDeGtuNDdwY05JaTNWdEMxT3c9PQ== | Z0FBQUFBQm9YZWpSSDZGM0ZDakM3d3pUT3BTaDRrS2FIcXFYdmw0bEc0aDR3MHdQbGl0aVRSRUVzRFVkckdyZ09UMXpoa1psakhHMmR3WjlTY0dZNWxMNDByMzc2Q1VKWTdQOGQ2aVFTVzhUcUdLWVdWcTRxbm4wcFFqR2lTSFBnSDlUQzRwWHZiYWd2ZW1vX0VVNm00R3FJdFpGSkQtbmRaRl9hdE13OER6YmlNbkkzWWZJT1ZfYU9jRUtwc2ZkRlJJUHFyQ1owSmkwcE0wd1BPNllLbHZTTDBrZmJiX3JHZz09 |
More exposure | r/monero | post | r/Monero | 2025-05-26 | Z0FBQUFBQm9YZWpSenF2cGVxWDJpZjd2Y3BYeUtaU2s1Z0FUNkMwbEF2ejhEd3h3WDVsV19kT1lUaDgxQlhRa1ZKVTRmSTRUQzFEZV8wUFptWEJFUkRabUwtUGdBVHNiMGc9PQ== | Z0FBQUFBQm9YZWpSY2swbEdTS2NjRFZrOU05YXpYT3VRcVJONVJ1Z0JSUFR1Q185NEFqUmdWNlZaR3hBZjBOb1BFWDBlWjQ3eGZOaXU0Y1FKcjVfZFRPSXRCaV90d0V2THBxWGZKQ0tFbHBFQmkwZmJEZGxnMXFYYnpEdzllRWszUWswS0dWVUVhSkZLMEp5Y1dIMlVjWURLcWtXV0w4WHFQTUVYalJsZWVWMW4xYmJsUnFULTJYX3hNSUd1b2NKVWtONm1iZ0ZYTUpjWW54WE9INkFodXpNOWZEWVlONGN6dz09 |
Hello,
I am new to Monero and during the wallet setup process I would like to setup an own node.
Is it ok to have the blockchain downloaded to an sftp automounted drive (e.g. something like /mnt/nas/)
or does this cause issues, possibly corrupt important files if the connection breaks off?
Does anyone have experience with this?
Main reason is to download the blockchain to a NAS instead where I have more storage available.
Thank you! | r/monero | post | r/Monero | 2025-05-26 | Z0FBQUFBQm9YZWpSWXlKVlZ4RUJPbXBzZURDV1hpOUJKck5Ib01DcmxnTUxaTnJrVElzcTFsVDd0TnEwVm9vLV9MelVqbHV4dkxoOE1iN1dMRUZDeTFVQ3E1ejdORTVTU0E9PQ== | Z0FBQUFBQm9YZWpSdmVUOXQwWmozVjRUV2JoQmExNWE3ZWFqUWFjSnljTmo1SU9fbWlkd2F2bVdGdHk3dGo4ZFBlTExmWl9CNXRKMy1ReDNONGlKQXZvdlJfUWY3aU1wT1JUUzdtVGdyQTdQdzdjR0VGY2xLNEFVaUJUUDBOTHVUU2drSThidnJvRjBtNnZXM05sUE1VM3hrREZTd2FfcElVcDBGdFlSTFV6Y1pCUE54OWR6WGdValVGYjdjUThsSDZBdG9aZ0NHZEQ2 |
Previous Post: [https://www.reddit.com/r/Monero/comments/1kh922d/haveno\_cross\_platform\_app/](https://www.reddit.com/r/Monero/comments/1kh922d/haveno_cross_platform_app/)
The project was cancelled Saturday by CCS coordinator Plowsof: [https://libera.monerologs.net/monero-community/20250524#c528155](https://libera.monerologs.net/monero-community/20250524#c528155)
The reason given is essentially, "We demand you give us your work before approving your project."
Honestly, I'm heart broken. I didn't see this coming at all. I worked for months on [this](https://libera.monerologs.net/monero-community/20250426#c521074) and Plowsof is trying to extort it out of me. I've watched CCS for years and I've never seen anything like this before. I honestly thought CCS was an honest organization. To try to extort the work from a developer... it doesn't seem real. | r/monero | post | r/Monero | 2025-05-26 | Z0FBQUFBQm9YZWpSbWFLMjBrY25vVGlKeEFiMFlQa3l2SXZxVFZlcGEwMklnbkg3Y1NSZHdjZmNxTjBBU3V5SnF1ZnNEYWFnNGp6VGxRQmI4Y1RLQVJBTER1NGttWmowb2lvdlprS3R2ekNONldUaGJoSGpRSlE9 | Z0FBQUFBQm9YZWpSeElCUmxaUnhlMDJSaEQtU1lRZ0RLQnRNb1JTcGxNRkJqNVZKQUdDZXFnZEpQQzM2XzNBVVRGU1AxV1hPLUlLamlCa2w5UkNPTV84ZlRaOXVNWTVpNWtrTVpoNGxPYnZxbTlSRTEtc0plakVVN2JBWXpnYXhEMTRpcVlQVzVLYmxUVjRoVnZfV2UzMnRXdU10aEJ6TlpENjc0NkY3Z2hsa0VkUDQzOGYwZTBtUWN1XzJDcU1jb1NZdFB2djd2Um5SZUhHelVBZnM5aGVXaXdwQ244ME1RQT09 |
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