crypto Scrooge – Telegram
crypto Scrooge
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The life and adventures of 0,1 BTC.

Russian version https://news.1rj.ru/str/cryptoScryaga

Contact @Scryagabot
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Before Minter launched my channel had about 20 subscribers, and since then that subcount has increased by a hundred times.
Now if that doesn't show the power of Minter i don't know what does.
The last few months of my life are easily described by the hashtag #industrialporn.
Some news on the project with the working noscript "Minter Poker". In quick Spin&Go tournaments the prize multiplier is chosen via transaction hash, which contains the players' names in the denoscription. If you ask me this is a breakthrough in assuring the game's transparency - all the info is stored in the blockchain, it can't be tampered with or deleted. We're planning to make it so pulling cards works the same way. Quality control and transparency on Minter might become the reference model for game RNG.
https://poker.cr-games.club
During the holidays there was an interesting scenario - i won about 50 bucks in our poker game, sent it to a virtual Qiwi card and basically paid for a family dinner at a café.

Caught myself thinking how perfect the psychological connection between the 2 events is - the rewarding feeling of winning , and then a delicious dinner to go along with it.
Can be used as a catalyst for IoM to reach out to the masses.
Forwarded from Coinfeed
IMOLA, 10%, 10k BIP
🦀 Mx8115...7026 🔍

imola.io - a crowdfunding platform. Don't buy before 20.02.20

CRR: 10%
Резерв: 10000 BIP
Выпущено: 2 IMOLA
Цена: 50002.2 BIP 📊

Блок: 4208807
Minter Mainnet launches on 15.05. at 15:05 UTC.

Minter 1.1 is said to launch on 20.02.2020

A mysterious crowdfunding platform called imola.io took the ticker IMOLA, and it seems it also launches on 20.02.2020.

Coincidence? I think not.
If you remember, i have a kink for pretty numbers, so i think they should go all in and launch at 20:02.
Here's a summary of where i've been. The past couple months have been.. let's just say overwhelming. Constant pressure during the holidays gave a few unexpected twists. January wasn't any better, a ton of calls on the third day of this year turned my "holidays" which haven't even started properly yet turned into workdays. Those of you who have had experiences with mass production will understand me. Everything that could go wrong did.
And the online world had a series of deadlines for a project i've been waiting a long time for. Two worlds collided and started fighting over my brain. To meet all these requirements i had to lose sleep to the point where i had 4 hours of sleep a day. Thank god i'm already at the finish line and i see the ribbon ready to be cut.
Just a bit more and i'll be happy to finally cut it.
Everything started a few years ago, back when i stopped being satisfied with my job. Not to say the results were unsatisfying - going from an employee to a top position in a multibillion entity, because for many it's considered to be the peak. I thought so too while rising up to that position.

But when i got there, i couldn't help but think - "Is this really the peak? If you caught yourself thinking about it too, i'll save you some time - all these limitations only exist in your head. We build castles of doubt and fear around our true self, and we can only get out of it by ourselves. So i quickly came to the conclusion that i'm really good at selling my time, but my current position leaves me far far away from solving actually interesting questions.

Understanding and accepting the problem, i started consuming tons of information. Slowly everything started filling itself in - IT, crypto, monetization schemes, investments, businesses and controlling them using the newest technology. Right around that time Minter launched, and i started researching every nook and cranny about it, posting my findings on my channel.

And then i realized what would be the perfect time investment for me that appealed to all my interests - a crowdfunding platform that runs on Minter and utilizes all of its unique features. So, i know what to do, now how do you make a system that will process a ton of cash with max security? Here's where i got lucky - i got the famous team in the network known for making the 1001btc.com trading system interested in the project. I've been friends with their leader, Sergey for a while and we had a lot of similarities in the ways we go about business, which helped us quickly get the project off the ground. A lot of people had to get involved and work for it for months, and today i'm pleased to announce imola.io, a revolutionary crowfinding platform that runs on Minter. Its key features are - reliability, transparency and protection from speculation for investors. There'll be a post soon that goes into more detail on how it works.
To demonstrate the capabilities of the platform, and our confidence on the reliability of it, we made the decision to do IMO from the 1001 project right on this fresh platform. You can learn any details right now at an investor profile at imola.io, which will be available right after registration.
To show how confident i am about it i accepted the team's offer to become the lead of the project, and i'll take all the responsibility for future campaigns. For IMO commission requests DM me right here at @Scryaga.
I was testing some solutions made by programmers during the Minter push hackathon. I liked 3 of them:

minterpush.com

tap.mn

yyy.cash

They all deal perfectly with one issue - instant transferring of goods worldwide using throwaway wallets without any sort of verification or registration. If you still haven't tried them, i highly recommend you do so to feel the potential of a tool like this.

During my tests i realized that we all can already utilize this technology IRL. All you need to do is leave tips to waiters, taxi drivers and whoever else using Minter push. I'm a bit annoyed how i always pay for meals at restaurants using Apple pay, and for tips i always have to pull out physical money out of my pocket. You can do it with that same credit card, but not everywhere, and there's never a guarantee that this money won't just go to the owner's pocket.

In my tests it took just about a minute from creating a push to transferring the money to my mobile phone through BipToPhone. You can give someone a push through an sms message, a messenger or a QR code.

The simple rule of "tips only through push" will give the network more exposure and new loyal users and will increase the sales of push wallets.

More about how the growth of the userbase is tied to the growth of BIP exchange rates in the next post.
On the topic of tips.

Yesterday i tipped a waiter via Minter push. It went fantastically, he was surprised by the idea of a disposable wallet for crypto that can be instantly converted to BTC, ETH, USDT or straight to your mobile phone (which is what we decided on in the end). 1 more person interested in Minter right there.

The verdict is - it works.

Advice - don't be stingy, tip a bit more money.

An idea i have - a site or an app specifically for tips with the technology of Minter push with the working noscript "Chai pay". With API trading services we can utilize a bitcoin tip service. Like Pope predicted - Minter is niche, while the person gets their bitcoin, giftcards and whatnot.

Go wild.
After the 5 millionth block, the price will...
Anonymous Poll
42%
Rise
42%
Stay the same
17%
Fall
Fake product protection tokens

So recently (thanks to Tolya from U-node for the MNT) the main premise of the upcoming update - coins with a limited emission and i felt a lot of lightbulbs light up above my head. I'll tell you about one of them right now.

Limited emission can be set when creating a coin and when it's reached you can't buy any more - the system gives you an error. After playing around with this feature on a few coins i thought of something - what if you set a minimum reserve to 10K MNT and make the maximum emission equal to its initial value? You get a coin that's impossible to sell or buy, you can only send it. This is the concept for the best fake product protection in the world.

How does it work? A corporation releases a protection token for, fuck it, Gucci with a 10K BIP reserve with a few trillion coins in the emission (just to make sure it's enough) with the aforementioned scheme. There you go - this coin can only be gotten from the creator, and is impossible to counterfeit. That is what we'll use in our solution.

Going forward, a Minter wallet is made for every unit of a product, a private key is printed on the product in the form of a QR code and is covered by a scratch off layer, and to that address 1 GUCCI and 0.01 BIP is sent, and the private key is removed from the system.

Now let's fantasize about how it'll work in real life. Let's say some influencer goes to a GUCCI store, buys a shirt for $500 and then they subconsciously questions themselves if they were scammed with a high quality fake shirt. But with our system they would rest assured that they bought a legit shirt after scanning the code from the official Gucci app and seeing "Approved, genuine product" pop up on the screen. And the smart Minter algorithms work in the background, sending the 1 GUCCI back and removing the code from the system never to be used again.

In the end it's simple, cheap, reliable and secure. And it's definitely not the only way to use Minter's quick cheap transactions.
So the network just updated. Let's go over the details.

Limited emissions. We already talked about this in the previous post, it has tons of potential. Once the maximum emission is reached the coin cannot be bought by standard means.

Multisignatures. Can't wait for this one, amazing for crowdfunding platforms. To send a transaction, multiple trusted members have to sign it first (security and a new level of transparency).

Coins cannot be deleted and the minimal reserve for them (including existing coins) will be 10K BIP. If the reserve is less than 10K the transaction is automatically cancelled.

This update is said to make the network more accessible, safer and more reliable. This combined with the fact that more than 10M BIP will be frozen in the minimal reserve for every coin might make the price go up.

We'll see.
Do you like insider info? Here's a fresh one for ya straight from 1001 - a new validator by the name of VOTE which is developing a feature that allows collecting of everyday users' opinions on the blockchain when delegating, like the recent poll to update the network to 1.1.

Delegate and thrive, fuck yeah.

P.S. Vote has a 0% fee, FOREVER, no fine print. Go wild.
With the now commonplace seed phrase leaks, which rid members of the community of all their money, i'll share some tips on how you can protect your wallet.
You don't have to be an advanced user to understand this.

For the OS you should lean toward IOS.

The app you use should only be the official Minter wallet app.

As for the seed phrase, physically write it down somewhere safe or just memorize it.

Once again - ONLY enter the seed phrase in the app. Store it somewhere digitally and you might as well put the keys to your apartment under the rug and put a neon sign that says "money" on it.

This is mf crypto we're talking here, where laziness and carelessness are not tolerated.
What i'd do to combat the impending economical crisis is fully legalize cryptocurrency and make it so that any business can use crypto with no taxes whatsoever for 3-5 years with no cancellations.
I made about 2k (~$50) BIP in MinterPoker in one night. So nice to see that the project is always advancing and not standing still. We have a demo mode, USDT matches, and most important for me - the ability to play through an app in bed on my phone.