Saturday, December 30, 2017

Everything You Ever Wanted to Know About Privacy Coins

Here Are the Crypto Exchanges With the Lowest Fees
Saturday, December 16, 2017

11 The intelligent investors guide to Particl (PART): Part 4 - Is there a huge unmet demand for 100% private 2-party transactions? (self.Particl)

Is there a huge unmet demand for 100% private 2-party transactions?
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Yes.
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Privacy centric markets e.g. Particl (PART) are useful for:
Privacy enthusiasts.
People who wish to live independent of fiat.
People who live in localities where crypto is not taxed or recognized as a legal unit of exchange (potentially legally bypassing local tax laws).
Grey market purchases (nootropics, pharmaceuticals, tobacco, alcohol, luxury goods, knockoff's (including unbranded device clones or items which are essentially legal but copyright may be an issue).
Embarrassing legal goods purchases or purchases you do not want appearing on a credit card statement (sex toys is an obvious one; I'm sure there are more)
People in countries with unstable economies (Venezuela, Zimbabwe) where local currency hyperinflation means purchasing various goods in native currency is pointless/expensive/cumbersome but using alternative non-private currencies to transact (e.g. Bitcoin) may result in prosecution.
Legal transaction of goods internationally but the need to keep location of buyer/sender publicly hidden due to local/regional restrictions or requirements for other bureaucracy if purchased in fiat
Extremely sensitive research and development or manufacturing projects especially product manufacture where for whatever reason the design, parts and manufacturing process must be completely unknown or obscurable.
Purist use as a store of value, anonymous secure, large OTC cryptocurrency transactions and wholeseller/sensitive R&D or confidential supply chain transactions is a massive legal use case area.
Whole seller/boutique manufacturing and R&D is probably the biggest legal use case especially where patent's or highly sensitive data is concerned and for whole sellers and large scale manufacturers who wish to keep their trade secrets intact.
Providing a safe, secure competitive edge when negociating with multiple contractors. MAD Escrow service serves as a nice deposit feature for lock on of contracts for large scale distributors where trust or quality concerns may be an issue.
Sometimes the convenience associated with trading on a fully anonymous platform (where the client node locations are anon and the buyer/seller/amount are publicly anon) in terms of keeping paperwork and records but still trading goods for a fungible currency) outweighs the risks. Anyone who has ever had to do company accounts will understand what a pain in the ass these are to keep and produce.
Any transaction where only the buyer and seller can know about the nature of the transaction. This relates back to R&D, sensitive information exchange but is facilitated by PARTICL having a trustless, automated non-human escrow (the MAD mutually assured destruction escrow) to ensure both buyer and seller are complicit in ensuring delivery of payment and delivery of goods in acceptable condition.
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I've discussed this with a friend who tinkers in making all kinds of legal useful gadgets (we're talking voice activated Iron Man suits with built in LCD screens, Thor Hammers and tonnes of custom cosplay stuff in amazing quality); he'd be reluctant to sell these on eBay due to litigation risks but he'd make a killing selling these anonymously online; these are definitely things people want and would enjoy. There's a tonne of stuff on alibaba which would be ideal to sell on the Particl network; true anonymity creates an incentive to justify many of the negatives I've outlined.
The stuff he's building would actually be legal to sell in many jurisdictions where copyright laws are more relaxed but centralised services would never tolerate due to their need to appease international corporate interests regardless of laws. Decentralized private commerce would allow him to serve those jurisdictions with confidence.
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I've also had the pleasure of discussing distributed ledger technologies with an analyst at BNY Mellon who highlighted his opinion that the two big things large investment banks look for in blockchain technology are scalability and privacy. These are banks whose transaction volumes can be in the billions of USD per trade. Discretion for their clients and representatives is paramount and freely publicly viewable records of transactions on a block chain represent a potential disadvantage to adoption. Privacy is paramount and solutions which preserve it protect security.
It is unfortunate that in recent times a need for privacy has been confused or maligned in popular culture with the desire to commit illegal activity. In day to day practice, the need for privacy of data transmission and transaction settlement manifests in the designs of all major institutions be it medical records in healthcare, government and corporate memos and communications or even transmission of social media and personal communications. Privacy is fundamentally associated with security and by extension safety.
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With that in mind, if you started this questioning the value and scope for privacy markets, I hope it is more apparent that the market and volume for true privacy centric, trustless listings, transactions, communications, escrow and marketplace settlement is probably much larger than you realized.
By: Joske

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Saturday, December 9, 2017

The intelligent investors guide to Particl (PART): Part 3 - How will Particl succeed in gaining price appreciation, adoption and network effect where centralised anonymous marketplaces fail?

How will Particl succeed in gaining price appreciation, adoption and network effect where centralised anonymous marketplaces fail?
It's real simple. Particl is not a centralised marketplace so you would need to take the majority of the nodes down to compromise the network.
Contrast this with tradtional centralised marketplaces where taking down a handful of servers can shut down the entire service leading to loss of any funds held there.
The Particl nodes can be run on the tor network for added security thus the network is inherently more resistant to tradtional hacks, takedowns and DDOS attacks.
Integration of the currency into the platform means that the value of the PART token will increase rapidly as use of the marketplace increases.
This is because although Particl can accept multiple cryptocurrencies, these will all be converted in the Particl client into PART token via integration of shapeshift exchange and other decentralized exchanges into the Particl client before being used to transact on the Particl network.
Thus there is a constant buy pressure on the PART token to raise its daily trading volume, attract speculators who will then promote the platform further (after learning about it) and thus speading the network effect and awareness about the marketplace.
Integration of the currency into the platform also makes it easier to use as it reduces the number of additional trusted third party services required to zero, thus the service is more accessible, secure, safer and convenient.
XMR and DNM's are currently the way with regards to anonymous, private commerce but the Particl network provides all their services integrated and avoids all their inherent problems.
A design which encourages convenience (integration of the currency exchange/converter, marketplace listings, escrow service, currency, communications, security features and any additional services required under one client operating on a separate chain).
Compare with centralized marketplace's which have a number of distinct disadvantages:
Have far higher fees
Are governed by centralized authorities which can delist or prevent you from listing products for any reason whatsoever without any recourse; this also prevents buyers from being able to purchase things they want
Contain your sensitive data (credit card information, purchase/sell history, personal information) on centralized servers which means your information can be sold to third-parties, governments or leaked during hacks (Equifax anyone?)
Have zero network effects -- unless you own stock in Amazon.com you couldn't give two shits about how it operates
In contrast decentralized privacy centric MP's do not require personal information, can benefit from leveraging the network effects of speculation (Bitcoin circa 2013 is a perfect example), can have low or zero transaction fee's and protect sellers from premature, unfair or even illegal delisting i.e. protect buyers and sellers from censorship where none is required or where censorship is questionable.
Furthermore the tax implications of cryptocurrency have yet to be determined. PART wouldn't qualify as just a currency as it has features that make it more in keeping with a bond and a share simultaneously (as the token confers governance rights, generates passive income if staked and is used to secure the network + act as bond in it's escrow service). Tax laws specific to an asset class like PART have yet to be clearly defined. I think a large amount of legal white market commerce could run through Particl simply because it potentially represents a more legally tax efficient solution.
Following on from this I think a large amount of wealth that has moved into cryptocurrency wants to stay there. Thus the general market for legal goods acquired tax efficiently through multiple cryptocurrencies is potentially untapped and could explode as crypto marketcap continues to grow. I think this represents a case for all decentralised marketplaces.
This argument in general is the case for decentralization of marketplace technologies and is the main use case for District0x, Openbazaar, Syscoin etc.
By: Joske

Bitcoin Cash: The Birth of Satoshi's Real Model?

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Friday, December 1, 2017

The intelligent investors guide to Particl (PART): Part 2 - Why am I bullish on the price of Particl (PART) long term?

Currently Particl trades in the $5-10 range on Bittrex with a relatively low market cap. Present valuations are determined solely by market speculators (mostly accumulators aware about the project potential).
However on release of their decentralised marketplace module in Q1 2018, provided its released with full atomic swaps and shapeshift/exchange integration, it's buy side dynamics will change significantly.
This will be driven by the fact that whilst multiple cryptocurrencies will be accepted on the Particl network to automatically convert to the native PART token via in-client integration of shapeshift, decentralized exchanges and widget implementation of atomic swaps (direct conversion of other cryptocurrencies to the native PART token without intermediary if they possess atomic swap functionality), all buying and selling transactions on the marketplace and other Particl modules will be conducted solely via the native PART token.
At this stage I estimate a 5x to 20x (conservative is 5x) rise in price purely on a hype cycle alone. Longer term however I view it very differently to other assets due to it's liquidity characteristics which resemble DASH but with actual utility to self perpetuate it. This is because:
- People decide to use the Particl marketplace.
- People sent their crypto to the Particl client.
- This converts to PART: Buy pressure on PART.
- People buy PART in the Particl client to transact.
- People use PART escrow: PARTs get locked into escrow contract.
- Circulating supply of PART gets further restricted.
- Successful buying/selling of goods = repeat custom exclusively in PART token.
- Repeat custom = regular repeat buy pressure on PART per individual.
- Repeat custom = word of mouth = more new customers on Particl marketplace. This perpetuates first step.
- Buy pressure increases. More escrows. Further liquidity lockup.
More dApps (beyond market place) release as PART hype & awareness increases = more buy pressure on PART.
Staking locks away PART also restricting circulating supply.
As value of PART increases incentive to stake increases (as stakers earn tx fees). As PART value increases and tx frequency increases, stakers earn more rewards perpetuating further staking.
More PART gets locked in staking. Lower circulating supply.
Rapidly escalating PART price.
So provided it is released as described and people use it as a marketplace non-speculatively, with time it's price should rise exponentially independent of traditional exchange dependent model.
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I hope this makes it super clear why I rank Particl on par with Ethereum and Bitcoin in terms of price growth potential.
By: Joske

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Sunday, November 26, 2017

Bitcoin Touches a Milestone Price of $9K Across Global Exchanges
Saturday, November 18, 2017

NEO Price Surpasses $39 as Rumor Mill Hits its Stride

Monday, November 13, 2017

Bitcoin Cash Network Completes a Successful Hard Fork
Saturday, November 11, 2017

Bitcoin Cash Surges as Businesses Abandon Legacy BTC
Friday, November 10, 2017

What is Flixxo ?

Flixxo is a decentralized video distribution network. All the videos you are watching are stored safely. Flixxo is free from structural costs, and producers can share the earnings from their content with the network that supports them. Flixxo is also based on blockchain technology that is the first attached to a social video platform.
What makes Flixxo alluring to purchasers?
Because of the super bills of capability and information transmission, simply a few actual levels are sharing this very productive trade. In spite of everything, this will likely trade quickly on account of the development and utilization of Flixxo. The video stream level that is determined by the dedication of the vast majority of its purchasers. Benefit from your maximum beloved roughly recordings, at the larger a part of your units To find the crisp financial system in view of staff conveyed video - Flixxo. Flixx can be used to observe the substance that you just really like, do buying groceries on the internet and even trade over it to cryptographic cash.Features of flixxo
- Easy to make use of via non cryptographic cash purchasers- Fast and easy to discover via or paintings
- Ready to paintings from any roughly information superhighway related system, comprehensively
- Every other and imaginative gaming background, on account of its prizes and the social collaborations it makes
- Alluring to content material makers on account of its motivating power framework
Query
With out query, it's extra interesting and all of the extra easy to simply take a gander at some account than learn a web page or two. It does not depend on a solitary server alternatively lets in these kind of disseminated units crosswise over to community to percentage the recordings it stated.Flixxo Team

Remunerating the purchasers
For serving to the machine paintings, all purchasers are remunerated with Flixxo credit referred to as Flixx. Thusly, you permit other folks from the level to come back and get bits of that video from you - at that time, they are able to likewise growth towards changing into traders. How can it serve as? You'll mortgage your system stockpiling prohibit, to video makers over the Flixxo.How to use
- Level 1 - watch a video that you just really like and want to put one thing apart for another time, too.- Level 2 - spare it into your gadgets.
- Level 3 - change into right into a Flixxo video wholesaler. The framework is on this approach like Bittorrent (the shared conference you maximum unquestionably applied as of just lately).
Alongside those strains, kind of, that is the way in which Flixxo works. At this time, gauges reveal that over 70% of the information superhighway servers are applied for video placing away. The global marketplace of web-based social networking levels reveal that an enormous choice of buck are coordinated towards manufacturing of video content material. Within the match that you just ask the overall inhabitants round you what would possibly they slightly do - watch a brief video introducing one thing or learn a piece of writing that portrays exactly the similar - the majority of them would pick out the foremost selection. This is why recordings are probably the most distinguished and absolutely the most efficient types of on-line substance. As well as, those types of fabrics are simple to percentage. That is completed throughout the Bitcoin innovation that makes an unusual automatic token - utterly safe and transferable. Moreover, it may be gotten from other folks from the level.
It may be earned via demonstrating recordings or looking at supported substance.
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