Forwarded from TON
Forwarded from Minter Network
The #SCAM Coin
We created the #SCAM coin. In the upcoming week, we will distribute it among top validators who will then be able to mark malicious addresses at their own discretion. The addresses of validators themselves will not possess the mark (a lifetime whitelist); they will just act as storage for the coin. Over time, the top 100 delegators will also receive #SCAM to be further transferred to the actors engaged in wrongdoing.
The coin does not have any value, and votes flow only in two directions: Team address -> Validator/Delegator -> Scammer. This means that any address that will get #SCAM from validators and top delegators will be automatically added to the blacklist to be shared with all Liquidity Providers.
#SCAM can be sent in any amount, and its weight depends exclusively on the share of the validator or stake of the delegator. Meaning if someone flags your address but their stake is insignificant, the trust to such a reaction will be close to zero. And vice versa: 0.01 #SCAM from the BTCSecure-level validator can put operations of a particular address to an end.
We want to stress the fact that the network itself does not limit the actions of the addresses. What it does, though, is highly recommend that the community does not cooperate with a given actor.
Those who thought we had the Wild West here have certainly set their time machine for a wrong period.
If you remember, we initially had an idea to label illicit addresses with #KARMA, but we eventually decided to introduce a specific coin for straightforward scams. With it, no one will make a mistake spotting such an account.
===
Below are two use case examples:
– https://explorer.minter.network/transactions/Mte70969a0dd1ec03f3fc91060a13f67743462a8e6081f1713fa6ce5e49564e264
– https://explorer.minter.network/transactions/Mtc8e3dccb0c1e5a39e08b947a12a0573d53ae1a896dcbb67b0daac03083d887e0
We created the #SCAM coin. In the upcoming week, we will distribute it among top validators who will then be able to mark malicious addresses at their own discretion. The addresses of validators themselves will not possess the mark (a lifetime whitelist); they will just act as storage for the coin. Over time, the top 100 delegators will also receive #SCAM to be further transferred to the actors engaged in wrongdoing.
The coin does not have any value, and votes flow only in two directions: Team address -> Validator/Delegator -> Scammer. This means that any address that will get #SCAM from validators and top delegators will be automatically added to the blacklist to be shared with all Liquidity Providers.
#SCAM can be sent in any amount, and its weight depends exclusively on the share of the validator or stake of the delegator. Meaning if someone flags your address but their stake is insignificant, the trust to such a reaction will be close to zero. And vice versa: 0.01 #SCAM from the BTCSecure-level validator can put operations of a particular address to an end.
We want to stress the fact that the network itself does not limit the actions of the addresses. What it does, though, is highly recommend that the community does not cooperate with a given actor.
Those who thought we had the Wild West here have certainly set their time machine for a wrong period.
If you remember, we initially had an idea to label illicit addresses with #KARMA, but we eventually decided to introduce a specific coin for straightforward scams. With it, no one will make a mistake spotting such an account.
===
Below are two use case examples:
– https://explorer.minter.network/transactions/Mte70969a0dd1ec03f3fc91060a13f67743462a8e6081f1713fa6ce5e49564e264
– https://explorer.minter.network/transactions/Mtc8e3dccb0c1e5a39e08b947a12a0573d53ae1a896dcbb67b0daac03083d887e0
Forwarded from Minter Network
DYOR, which stands for “Do Your Own Research,” must be the only guiding principle for anyone in the blockchain space. Below is the story of one particular scam coin on the Minter network, and one particular man who suddenly decided to take responsibility for its creation. Take a read so that you don’t fall for such fraudulent schemes, ever.
https://medium.com/@MinterTeam/nikita-kolmogorov-scammer-fraudster-or-just-an-attention-seeker-af08c16aa904
https://medium.com/@MinterTeam/nikita-kolmogorov-scammer-fraudster-or-just-an-attention-seeker-af08c16aa904
📨 #DeCenterDaily
🖥 Telegram has released code for its upcoming TON blockchain platform.
via Decrypt
🇺🇸 The launch of Binance U.S. is seemingly drawing near.
via The Block
🙅🏻♂️ U.S. investment giant Charles Schwab is steering clear of cryptocurrencies—at least for now.
via Cointelegraph
👁 The government of Catalonia has announced the development of a blockchain-based identity platform.
via CoinDesk
📖 A blockchain and cryptocurrency accelerator has announced a partnership with UCLA and two other University of California campuses.
via Modern Consensus
🖥 Telegram has released code for its upcoming TON blockchain platform.
via Decrypt
🇺🇸 The launch of Binance U.S. is seemingly drawing near.
via The Block
🙅🏻♂️ U.S. investment giant Charles Schwab is steering clear of cryptocurrencies—at least for now.
via Cointelegraph
👁 The government of Catalonia has announced the development of a blockchain-based identity platform.
via CoinDesk
📖 A blockchain and cryptocurrency accelerator has announced a partnership with UCLA and two other University of California campuses.
via Modern Consensus
Institutional digital asset trading platform Bakkt has stated that all Bitcoin deposited at the Bakkt Warehouse is protected by a USD 125 million insurance policy.
Learn More »
Learn More »
Cointelegraph
Bitcoin Deposited in Bakkt Warehouse Protected by $125M Insurance
Bakkt Warehouse deposits are covered by $125 million insurance policy, the company has announced.
📨 #DeCenterDaily
🔒 Regulated U.S.-based digital asset trading platform Gemini has launched an insured storage offering.
via Decrypt
➕ VanEck has issued four Bitcoin through its new institutional investors-focused trust.
via Cointelegraph
💵 Vlad Zamfir-led blockchain startup CasperLabs has raised a USD 14.5 million Series A.
via The Block
🇸🇨 The first-ever blockchain-based initial public offering has launched on the national stock exchange of Seychelles.
via CoinDesk
🇺🇸 Bitcoin ETFs are making progress, according to the SEC chairman Jay Clayton.
via Modern Consensus
🔒 Regulated U.S.-based digital asset trading platform Gemini has launched an insured storage offering.
via Decrypt
➕ VanEck has issued four Bitcoin through its new institutional investors-focused trust.
via Cointelegraph
💵 Vlad Zamfir-led blockchain startup CasperLabs has raised a USD 14.5 million Series A.
via The Block
🇸🇨 The first-ever blockchain-based initial public offering has launched on the national stock exchange of Seychelles.
via CoinDesk
🇺🇸 Bitcoin ETFs are making progress, according to the SEC chairman Jay Clayton.
via Modern Consensus
“IBM has doubled the number of its employees on the technical steering committee (TSC) of Hyperledger.”
https://www.coindesk.com/ibm-now-holds-6-of-11-seats-on-hyperledgers-steering-board
https://www.coindesk.com/ibm-now-holds-6-of-11-seats-on-hyperledgers-steering-board
CoinDesk
IBM Employees Now Hold 6 of 11 Seats on Hyperledger Steering Committee
IBM employees now make up the majority of Hyperledger's technical steering committee, stoking concerns about the tech giant’s power in the consortium.
Major U.S. stock exchange Nasdaq has listed a decentralized finance index for digital assets (DEFX).
Learn More »
Learn More »
Cointelegraph
Nasdaq Lists Decentralized Finance Index for Digital Assets
Nasdaq has launched a decentralized finance index including crypto assets of projects like 0x, MakerDAO and Augur
Forwarded from Minter Network
Initial Minter Offering
Many of us have felt FOMO, or “fear of missing out,” after the launch of a new coin. Sometimes, what a new asset brings is not positive emotions but rather a disappointment: whales stock up while speculators dump in their pursuit of quick money.
Organized by validators—the acknowledged pillars of our community—IMOs will solve a problem for all of those people who would like to take part in the start of a new project in a quick and safe way.
IMOs will have three stages:
1. A project releases the documentation and reveals all details;
2. A validator publishes terms of participation and the address to which prospective users of the project will send their coins. Fundraising begins;
3. A validator issues a coin, later distributing it among all participants—including founders. Next step: trades are executed as usual, through the simple conversion via Wallet.
Validators can also act as a trusted third party, i.e., hold the founders’ coins until the latter have fulfilled some specific terms of participation.
In the first-ever IMO, the CAT validator (supported by Minter One) plans to launch its own coin under the ticker symbol CAT. Announcements will follow in the coming days.
If projects such as TIME and ZERO were to lead their own IMOs, more users would gain access to the coins on favorable terms. Besides, the scam issue is also almost resolved as validators would never risk their reputation.
By the way, CAT will be the first validator to operate in both Minter and Telegram Open Network.
#IMO
Many of us have felt FOMO, or “fear of missing out,” after the launch of a new coin. Sometimes, what a new asset brings is not positive emotions but rather a disappointment: whales stock up while speculators dump in their pursuit of quick money.
Organized by validators—the acknowledged pillars of our community—IMOs will solve a problem for all of those people who would like to take part in the start of a new project in a quick and safe way.
IMOs will have three stages:
1. A project releases the documentation and reveals all details;
2. A validator publishes terms of participation and the address to which prospective users of the project will send their coins. Fundraising begins;
3. A validator issues a coin, later distributing it among all participants—including founders. Next step: trades are executed as usual, through the simple conversion via Wallet.
Validators can also act as a trusted third party, i.e., hold the founders’ coins until the latter have fulfilled some specific terms of participation.
In the first-ever IMO, the CAT validator (supported by Minter One) plans to launch its own coin under the ticker symbol CAT. Announcements will follow in the coming days.
If projects such as TIME and ZERO were to lead their own IMOs, more users would gain access to the coins on favorable terms. Besides, the scam issue is also almost resolved as validators would never risk their reputation.
By the way, CAT will be the first validator to operate in both Minter and Telegram Open Network.
#IMO
📨 #DeCenterDaily
🇨🇭 The Swiss Financial Market Supervisory Authority (FINMA) has issued new guidelines for stablecoins.
via The Block
📄 Libra is seeking to apply for a payment system license in Switzerland.
via CoinDesk
💵 Coinbase is considering the launch of an initial exchange offering (IEO) platform.
via Cointelegraph
🇭🇰 BitPay has reportedly blocked payments to the Hong Kong Free Press (Hong Kong FP).
via ccn
✅ Blockstack has raised USD 23 million across two SEC-approved sales.
via Decrypt
🇨🇭 The Swiss Financial Market Supervisory Authority (FINMA) has issued new guidelines for stablecoins.
via The Block
📄 Libra is seeking to apply for a payment system license in Switzerland.
via CoinDesk
💵 Coinbase is considering the launch of an initial exchange offering (IEO) platform.
via Cointelegraph
🇭🇰 BitPay has reportedly blocked payments to the Hong Kong Free Press (Hong Kong FP).
via ccn
✅ Blockstack has raised USD 23 million across two SEC-approved sales.
via Decrypt
The French arm of Domino’s Pizza chain is offering EUR 100,000 worth of Bitcoin in a giveaway.
Find Out More »
Find Out More »
The Block
Domino's Pizza France giving away €100K in bitcoin - The Block
France unit of restaurant chain Domino’s Pizza is giving away €100,000 (~$110,000) in bitcoin or cash to lucky buyers. Domino’s France has launched the giveaway on the occasion of its 30th anniversary. Buyers need to participate in some games, and the campaign…
📨 #DeCenterDaily
🗓 Binance Futures is set to go live tomorrow, with all users getting a 50% discount on trading fees for the first 90 days.
via The Block
🏦 Spain-based banking behemoth Santander has issued a USD 20 million bond on a public Ethereum blockchain.
via CoinDesk
🇫🇷 France intends to impose a ban on the development of Facebook’s Libra project in Europe.
via Cointelegraph
⚡️ Bitcoin’s Lightning Network has resumed growth in terms of the number of network nodes and payments channels.
via Decrypt
🔝 The interest in tokenized assets is on the rise, according to a recent survey by eToro.
via Modern Consensus
🗓 Binance Futures is set to go live tomorrow, with all users getting a 50% discount on trading fees for the first 90 days.
via The Block
🏦 Spain-based banking behemoth Santander has issued a USD 20 million bond on a public Ethereum blockchain.
via CoinDesk
🇫🇷 France intends to impose a ban on the development of Facebook’s Libra project in Europe.
via Cointelegraph
⚡️ Bitcoin’s Lightning Network has resumed growth in terms of the number of network nodes and payments channels.
via Decrypt
🔝 The interest in tokenized assets is on the rise, according to a recent survey by eToro.
via Modern Consensus
Forwarded from Minter Network
Minter → USA
On Monday, September 16, 2019, we will publish the roadmap of the start of our operations in the U.S. Until then, we are going into silence mode as we are still consulting with our legal team.
#MUSA
On Monday, September 16, 2019, we will publish the roadmap of the start of our operations in the U.S. Until then, we are going into silence mode as we are still consulting with our legal team.
#MUSA
Cryptocurrency-to-cryptocurrency trades will be tax-exempt in France, according to the country’s economy minister.
Learn More »
Learn More »
The Block
France will not tax crypto-to-crypto trades; will tax gains converted into 'traditional' currency
French economy minister Bruno Le Maire has stated that crypto-to-crypto trades will be tax-exempt, according to a report by Bloomberg. Instead, France
📨 #DeCenterDaily
🗓 According to an executive from the Libra Association, Facebook’s stablecoin project is scheduled to go live no later than the end of 2020.
via The Block
📈 The Chicago Mercantile Exchange (CME Group) is looking to double Bitcoin futures contract monthly open positions limit.
via CoinDesk
🇨🇺 “We are using cryptocurrencies to top up our cellphones, to make purchases online, and there are even people reserving hotel rooms.”
via Cointelegraph
🌀 The Ethereum Classic (ETC) blockchain network has undergone a hard fork.
via Decrypt
⚽️ Watford FC has presented a new kit, placing the Bitcoin logo on sleeves.
via ccn
🗓 According to an executive from the Libra Association, Facebook’s stablecoin project is scheduled to go live no later than the end of 2020.
via The Block
📈 The Chicago Mercantile Exchange (CME Group) is looking to double Bitcoin futures contract monthly open positions limit.
via CoinDesk
🇨🇺 “We are using cryptocurrencies to top up our cellphones, to make purchases online, and there are even people reserving hotel rooms.”
via Cointelegraph
🌀 The Ethereum Classic (ETC) blockchain network has undergone a hard fork.
via Decrypt
⚽️ Watford FC has presented a new kit, placing the Bitcoin logo on sleeves.
via ccn
Bitcoin dot com is holding negotiations regarding the listing of Bitcoin Cash (BCH) futures contract on a regulated trading platform.
Find Out More »
Find Out More »
CoinDesk
Bitcoin.com Looks to List BCH Futures on CFTC-Approved Exchange
Bitcoin.com is in talks to list a bitcoin cash futures contract on a regulated exchange, a company representative told Bloomberg.
📨 #DeCenterDaily
🏦 Today, central banks from all over the world will quiz Facebook over its upcoming Libra stablecoin.
via The Block
🇩🇪 Deutsche Bank has joined J.P. Morgan’s blockchain-based network.
via Cointelegraph
🖥 Bitcoin exchange Hodl Hodl has open-sourced the code for its smart contracts.
via CoinDesk
🇪🇺 French Finance Minister and ECB board member have called for the EU to establish its own digital currency.
via Modern Consensus
🇺🇸 The U.S. has sanctioned North Korea for cryptocurrency hacks, among other reasons.
via Decrypt
🏦 Today, central banks from all over the world will quiz Facebook over its upcoming Libra stablecoin.
via The Block
🇩🇪 Deutsche Bank has joined J.P. Morgan’s blockchain-based network.
via Cointelegraph
🖥 Bitcoin exchange Hodl Hodl has open-sourced the code for its smart contracts.
via CoinDesk
🇪🇺 French Finance Minister and ECB board member have called for the EU to establish its own digital currency.
via Modern Consensus
🇺🇸 The U.S. has sanctioned North Korea for cryptocurrency hacks, among other reasons.
via Decrypt