My referral link for the aforementioned FREEBITCO.IN: https://freebitco.in/?r=30437643&tag=redditF
I have cross referenced this post on my site: passivecryptoguides.com
Why should you sign on with me? I'm not a one off, you can reach me personally through DM or post comments. I've done most of the leg work, alleviating the trial and error process. Just follow the steps in this guide specifically in sections 7️⃣, 8️⃣, and 9️⃣.
I share 50% commissions, get a kick back on everything you earn weekly.
I trust this site, and personally have 270$ worth of bitcoin in one account
with almost 500$ total including two other accounts.
Coming from Cointiply? Well, as a heads up, you're not actually holding any BTC
. I suggest what you earn you HODL in FREEBITCO.IN.
Just some abbreviation and terminology explanation before we start for those unfamiliar.
USD=US Dollar Satoshi Click here Bitcoin price history, past and present
4️⃣HOW DO COMMISSION REWARDS WORK?
5️⃣SOME CLAIM STATS
6️⃣MULTIPLY BITCOIN STRATS AND INFO
8️⃣OPTIMIZATION AND USE
9️⃣STRATS TO INCREASE EARNINGS
1️⃣0️⃣ADVERTISING YOUR LINK
FREEBITCO.IN can be accessed from any device with internet.
Using a VPN or a TOR is now allowed given that your account achieves certain criteria similar to a captcha free account requirements.
🛑WARNING: FREEBITCO.IN wipes inactive accounts after a certain period! If you lose interest, withdraw your BTC!
📝NOTE: iOS devices (iPad, iPhone) are restrictive. The only way to access is via website, as BitBot isn't available.📝
FREEBITCO.IN is what's called a "faucet", a site that gives a small steady stream of crypto which FREEBITCO.IN does through hourly rolls and interest accrual.
FREEBITCO.IN also hosts other means to win or earn crypto, you can gamble with Multiplier, or bet on world evens and crypto prices.
After your account reaches 30k Satoshi, you begin to collect interest. The site also offers lifetime referral commissions, explained later in this guide.
All you need to start is an email. You can add more verification options for security later on. I would highly suggest it. Use a junk email though.
2FA and MFA are strongly suggested. A password should be 15 characters long. I suggest Google Authenticator for your 2FA needs.
I know you can definitely access this site from Brave Browser with add blockers enabled. I'm sure it will work with others. Even without an ad blockers, they only advertise their site gambling and games, no 3rd party adds that I've seen. It's not too invasive or spammy either.
This post is both an advertising platform I use, and a guide I've made to help those interested to automate and optimize earnings.
For those of a cautious mindset, I've uploaded all of FREEBITCO.IN's information on interest accrual, security, and proof of mining on Imgur, in case you're worried about visiting the site.
Transparent link here: Interest accrual structure and FREEBITCO.IN security. https://imgur.com/a/wWjQtKT
My referral link: https://freebitco.in/?r=30437643&tag=redditC2
So at this point, with hourly claims and daily interest, I'm bringing in roughly 8978 Satoshi (or .70$ USD with BTC at 7804$ USD) daily at full optimization on one account, and two other self referred accounts without lifting a finger. This is before the fact that a hourly roll (claim) can reward up to a max of 200$ USD worth of BTC (percentages in section 5️⃣).
They also have a weekly lotto (tickets awarded with every roll and referral roll) with the last 1st place winner receiving .32769156 BTC (2587$ USD at current bitcoin price).
This is also not including my current commissions on accounts not owned by me. In this post I will describe some of my strategies I've incorporated, and some insight into how this website works.
To offload or withdraw bitcoin, you're going to need what is called a "wallet". I personally use Coinbase
(available on mobile or desktop) as you can sell it through here as well and easily move money to Paypal or a bank.
4️⃣HOW DO COMMISSION REWARDS WORK?4️⃣
If you are already on FREEBITCO.IN, do you have someone who referred you? Do they share commissions? If not, why not make a new account and join me, where you'll get a return on everything you earn. As you can see, large affiliate groups don't share anything, hoarding hundreds of thousands worth of BTC earned off their referrals
I share 50% of my commissions. I get 50% of your roll rewards, 25% of your interest, and 0.4% of your wagers. All of this is paid out by FREEBITCO.IN as a commission, so it's not pulled from your rewards or held BTC.
So the more you're active, the more you'll receive from me weekly (being active is doing anything that I get commissions from). IMPORTANT: Your (and all referrals) shares are based on activity, so if you are inactive for the week, you get a lower % for that week. If you're the most active of my referrals you get a higher percentage of what I share. This is to incentivize being active and to stop people from getting a cut without doing anything.
If you have FREEBITCO.IN automated, you don't have to worry about this. However, having a larger bankroll to earn interest, or playing Multiply BTC (I do not suggest playing unless doing so to meet auto roll requirements) will increase can your activity further. Commission Structure Here is some proof, I've actually shared about 2/3 of all commissions Commissions update 12 January 2020 Here is a proof of Payment section per individual
📝NOTE: I've noticed when I was creating the images of commission sharing that the "RECENT" blocks are showing zero. If you look at totals from the first image, you can tell I'm actively sharing with all of my referrals.📝
Join my team FREEBITCO.IN
5️⃣SOME CLAIM STATS5️⃣
You can earn AT LEAST .00000552 BTC (.048$) daily when automated (or claiming every hour on the hour) before bonuses (like using reward points to increase rewards 1000%). After some testing, it seems that this amount will always be about .048$ worth of BTC, base claim rewards no bonus active.
After .00030000 BTC, you accrue compounding interest at a rate of 4.08% APR, paid daily. As soon as your daily interest is accredited, it too starts earning interest. The daily interest rate comes out to ~0.011% of your total held BTC.
FREEBITCO.IN gives you a roll once every hour, free
📝NOTE: Roll rewards fluctuate inversely with BTC price. BTC goes down, roll rewards go up, vice versa. The BTC rewards USD value will be extremely close to the values represented below.📝
Current rewards and probability with every hourly roll.
(.002$) -> 98.85%
(.02$) -> 1.00%
(.20$) -> .08%
(2.00$) -> .04%
(20$) -> .02%
(200$) -> .01%
6️⃣MULTIPLY BTC STRATS AND INFO6️⃣
🛑!WARNING!, NO STRATEGY IS 100%, THE MULTIPLIER GAME IS GAMBLING, YOU CAN STILL LOSE YOUR WHOLE BALANCE IF YOU PUSH YOUR LUCK.🛑
UPDATE: I decided to do some research after some odd outcomes when extensively testing some of my Multiplier strats. Turns out FREEBITCO.IN does indeed have a house advantage that isn't too transparent. Longer sessions are almost always going to come out negative. If you still plan on playing, do short sessions, once daily max, with lower amounts.
There are a couple methods to play the Multiplier with a reduced risk (but still a risk) here as well. I would suggest small play sessions. STRAT #1
My preferred settings for AUTOROLL on MULTIPLY that I've had the best success rate with to date. (preferably with .00005000 in ACCT for best results)
ROLLS: (doesn't matter, 100)
BET ON: alternate
STOP BETTING PROFIT: .00000050, important as the bets will get exponentially higher with every loss. Win in small increments.
STOP BETTING LOSS: Set a loss limit if you want, I have mine set to .00001 and haven't reached it
ON WIN: select increase bet 0%
ON LOSS: select increase bet 65%
RANDOMIZE CLIENT SEED: yes
DO NOT REFRESH: yes Here is a pic of the settings
Anything else doesn't matter. Make sure the boxes are checked for the above options.
With this strat, I've won positive on one account, about .000077 BTC, and I've only played 5 or 6 times, at less than 2-3 minutes of play time a session. STRAT #2
Good for accounts with a low balance. I've had a surprising amount of luck with this method, enough so that I thought I'd post it here with an update. This could work well for accounts with less than 1k Satoshi, as a losing streak wouldn't be a huge loss. For this strat, you should have at least 189 Satoshi in your account.
BET: Minimum amount
ODDS/WIN CHANCE: 189 or %0.5
ROLLS: 189 (remains the same no matter if you bet more)
BET ON: High or Low, but not Alternate.
STOP BETTING ON PROFIT: Minimum amount, once again, you want continuous small wins
UPDATE: Conducting more tests for viability
I played these settings 10 times, I came out positive 8/10 times. In the end I was positive 433 Satoshi total with selecting "hi".
On selecting "low" I went positive 5/10 losing 525 Satoshi.
On selecting "hi" and betting 10 Satoshi, I went positive 3/10 times losing 9708 Satoshi.
On selecting "high" and betting 100 Satoshi, I never went positive, 0/10. Losing 189000 Satoshi (~15$ USD).
There does seem to be a pattern of losing more when betting more. Like anything gambling, there's probably a house advantage that's not too transparent.
Win small lose small. Pic of these settings STRAT #3
Another strategy I've tried is betting most of my balance once occasionally with a 94.06% chance of winning. This is, eh, alright to risk OCCASIONALLY, but a loss would set you back more than you ever made using this strategy, which happened to me, I lost about 40 USD worth of BTC after making maybe 5 USD.
THIS METHOD IS GREAT FOR MEETING NON-CAPTCHA ACCOUNT REQUIREMENTS!
Playing this in auto roll, out of 20 rolls I'd always lose at least once, putting me into the negative. Even with 10 rolls, I'd more often then not lose at least once. Pic of these settings
There are other strats out there, such as the "Martingale", which is essentially doubling the bet amount every loss, then resetting your bet to minimum after a win to in theory "win back what you lost". At 47.5% odds of winning, I've had loss streaks that would drain my account.
My summary for Multiply, use sparingly. Don't use it as your primary means of earning. Use once or twice daily, limit play sessions to 5 minutes max.
📝NOTE: FREEBITCO.IN captcha requirements seem to be tiered, with requirements for Captcha free upscaling when you BTC holding passes a certain threshold.
I'm currently testing, as is another team member (Shout out to u/SrExtreme69
) , what exactly these thresholds, if holding at these thresholds increases the length of Captcha free rolls, and at what amount does FREEBITCO.IN no longer require these to be met.📝
📝NOTE: To start automating, remember to verify email and setup 2FA or the Captcha will still appear even if your account meets Captcha free requirements. Check the site occasionally as Captcha free roll requirements can change. After certain held BTC amount you don't need to renew your requirements. I haven't had to achieve new requirements in over a month.📝
📝NOTE: You may need to manually roll for a bit until the the ability to achieve a Captcha free account becomes available. It doesn't show at first.📝
📝NOTE: It's very difficult, if not impossible to automate on iOS devices.
First of all, getting to this point can be a grind, but once achieved you'll have a steady flow of BTC with options to increase earnings through rewards claims using RP. I would suggest going to your PROFILE tab on FREEBITCO.IN and disabling lottery to increase RP production when starting out. Using other apps or resources to supplement income is a good idea as well.
On the FREE BTC page, there is a blue text hyperlink with requirements that need to be met to make your account captcha free, thus allowing you to enable autoroll on extensions or apps. It has multiple ways to achieve this and they can change, so if your autoroll has stopped, check to see if these requirements have changed. Here are the requirements. (Amounts vary)
It seems only two of these requirements need to be met.
The less risky and easiest method is to buy lottery tickets and bet with jackpots on. Even better is depositing bitcoin if you have that amount.
The POSSIBLY least expensive method is to bet both regularly and with Jackpots enabled on MULTIPLY (for higher amounts required, IMO Multiplier strat #3 works best)
8️⃣OPTIMIZATION AND USE OF FREEBITCO.IN8️⃣ For computers
I would suggest using Firefox, as you can add functions and tools to your bar up top. One of the being a "auto roll" for FREEBITCO.IN, still requires a "captcha free" account. Turn it on and let go, check it occasionally to make sure its still going. Autoroll firefox add-on link My link again for ease of access
Not my preferred method, but good for a second account, as using a computer means devoting more attention to FREEBITCO.IN in an inconvenient manner if you are just starting out. After Captcha has been removed, this becomes more hands free, but not as profitable as using bitbot, as you can't autoclaim RP rewards.
I haven't tried many methods besides using Firefox addons, as I'm wary of sources or intent when it comes to 3rd party scripts or programs. If I find any trustworthy scripts or programs, I will update here. For Mobile
🛑BITBOT WARNING, IF YOU USE BITBOT TO ACCESS FREEBITCO.IN BEFORE USING MY REFERRAL, YOU WILL BE REFERRED THROUGH BITBOT, AND THEY DON'T SHARE COMMISSIONS AS FAR AS I CAN TELL🛑 My Link again
📝NOTE: iOS devices (iPhone, iPad) do not have access to BitBot, nor do they allow extensions/add-ons on their browsers. I have not personally found a way around this. You may still access the site and manually roll.📝
I use BitBot. This is the best place to start from IMO. You can set it to notify you of rolls and gives direct access to the site from the app (you can also access the site from any device with internet). Once your account is "captcha free" you can set it to auto roll AND automatically claim rewards every 24 hours (RP increase, BTC increase, Lottery ticket Increase).
📝NOTE: Bitbot allows auto roll from the app for accounts over 500 RP. This isn't permanent, as it uses your RP. You'll need to log onto the website through a browser to achieve captch free account requirements, which Bitbot does recognize, which allow completely free rolls.📝
📝NOTE: Accessing FREEBITCO.IN through BitBot doesn't allow access to the Hi-Lo or betting games.📝
9️⃣STRATS TO INCREASE EARNINGS9️⃣ Bitbot optimization
I started manual claims by setting roll notifications to "ON" for a while until I supplemented my BTC in FREEBITCO.IN with what I was collecting from my miner and CryptoTab. Once I was able to AUTOMATE and I had enough RP to claim the RP BONUS, I set it to do that automatically every 24 hours as this nets more RP than you spend (EG, 100 RP roll bonus costs 1200 RP, but can net 2400 RP if claimed every hour). Eventually you accrue enough RP to claim the %1000 BTC bonus, probably at a rate of once or twice a week.
My current BitBot settings now that its auto claiming, I have the 24 hour auto bonus claiming 100 RP roll bonus and 100% claim bonus, spending a total of 1520 RP, but I'm making 2400 RP with the RP bonus, leaving me 780 RP in the positive each day. Every now and then I'll stop the auto bonus claim so I can buy the 1000% claim bonus (3200 RP). So on a normal day I'll make about 1344 Satoshi. Bitbot auto bonus settings
Once your accrue more referrals, or save enough RP, it's possible to claim the 1000% BTC roll bonus multiple days in a row. This is just about as optimal as you can get for auto rolling. Self Referrals
If you have two devices (phone and computer preferably) you can make two accounts as long as one uses a different wifi or internet connection, as the roll rewards tracks IP addresses for roll counts. So if you have 2 devices on the same network, it sudo links accounts, so if you roll on one, it restarts the timer on the other. This allows you to collect referral rewards from yourself. Effectively adding 25% of interest and 50% roll rewards.
I currently have a phone autorolling on BitBot with a computer autorolling on Firefox with a tool to roll automatically as long as the page remains open. My computer account is referred from my mobile account, and is currently bringing in an extra .000015+ BTC weekly (currently, total will be this Sunday and I will update).
I've also made another account on my partners phone, linked it with bitbot and got it auto-rolling. Once bitbot is going, its non-invasive and you can silence notifications, it also uses minimal data. Supplementing with CryptoTab
I'll use CryptoTab on my computer 24/7 to earn BTC from that while I have FREEBITCO.IN running. I also have it running on my phone at night when I sleep and on an iPad I have that I don't use much, its server mining, so no worries about battery on mobile devices. On computers it does actually use your processing power. You can directly deposit into you FREEBITCO.IN accounts. CryptoTab Link
I've used it for two weeks and have earned a total of .000454 BTC (3.60$ USD). Not huge, but enough to start collecting interest on FREEBITCO.IN and to get the capthca free account requirements. Supplementing with Cointiply
🛑WARNING: Cointiply's main currency is the constant, weighted against the dollar (10,000 coin/1USD). This means your actually BTC holdings will fluctuate with BTC's price.
For this reason, it's my strong opinion that DON'T HODL in Cointiply as you're not holding actual BTC.🛑 Cointiply
is a great site to earn decent amounts of COIN which translate to SAT's. Earn coin, withdraw to FREEBITCO.IN (as you actually hold BTC in cointiply).
I also use an ASIC miner (Antminer s9i, DIY liquid cooled and overclocked with BixBit firmware), and whatever I earn I'll put that into FREEBITCO.IN to collect interest. If you want, I may be willing to do a rental.
1️⃣0️⃣ADVERTISING YOUR LINK1️⃣0️⃣
📝NOTE: Since this faucet has been around a while, many people privy to sites such as this are already signed up. So getting referrals can be a slog. My tips for your ads is be genuine and don't hard sell or post "too good to be true" sensational ads.📝 COINTIPLY
This is another faucet. Its structure is a bit different from FREEBITCO.IN, as you complete offers to earn coin. Within this site (also an app) users can earn coins by doing PTC ads (and other offers), this is a good method to get exposure as you can advertise as well. Using this method my traffic for last week as about 800 people.
13000 coins buys about 1000 "clicks" on your ads. They also have options to advertise to people based on location (these options will increase or decrease cost). After your first ad, you usually get a 10% off coupon good for 7 days as well.
You can earn this amount within a day doing surveys on Theorem. I've done surveys before, and this has to be one of the best surveys sights I've ever done. Very rarely do I get kicked out mid survey, and if I do, I still get partial pay.
I will also use "Hideout" on my computer and leave it running. It has to be the open tab on your browser, with the browser open, not minimized. Let it go and check it occasionally as it has a timeout at roughly 2-3 hrs idle. As of now this is the best passive method of earning on Cointiply. PI NETWORK
Pi Network, an ICO (Initial coin offering) based on trust and social media is another good medium for advertising. I will usually see 15-20 people click on my link with 2-4 ads posted per day.
Just go to "chat", select "random" and post an ad in the chat channel. No charge.
My tip, keep your ads short to medium in length, don't spam. XYO NETWORK/COIN APP
This is another crypto earned through "geo-mining". On the "coin" app you can do a "geodrop" where you can leave a note. Just click on the box with a parachute icon, select "any" on the "Tile" selection. Leave your ad in the "note" section.
It costs 10 "COIN" at the very least to do a "geodrop". This method may not be worth it if you aren't already involved in the program. To earn a substantial amount of coin, you'll need a subscription or a "sentinel". Sentinels can actually be purchased for under 20$ nowadays (depending on site) and is the best option to earn. Without these you'll only make approx .05-.18 coin every 30 seconds if you're actively moving.
My tips if you plan on advertising on this platform, once again keep it short, and only advertise around 7-9am and 4-6pm, as this will be peak mining hours with people driving to and from work.
1️⃣1️⃣LINKS1️⃣1️⃣ My FREEBITCO.IN Referral Link What is a Satoshi? Bitcoins price through Coingecko CryptoTab Link Autoroll on Firefox Coinbase Link PI NETWORK COINTIPLY XYO NETWORK/COIN APP
hello need some advise how to mine bch I dont even know how to mine btc. What i need? What i have to do? submitted by
Txh for answers
Note: you can read this on GitHub (link), Medium (link) or old Reddit (link) to see all the links. submitted by
: Version 1.3.0 RC1 (Release Candidate 1) is out! The main features of this release are significant performance improvements, including some that benefit SPV clients. Full release notes and downloads are on GitHub
The default minimum transaction fee rate was reduced from 0.001 to 0.0001 DCkB. Do not try to send such small fee transactions just yet, until the majority of the network upgrades.
Release process was changed
to use release branches and bump version on the master branch at the beginning of a release cycle. Discussed in this chat
The codebase is ready for the new Go 1.11 version. Migration to vgo module system is complete and the 1.4.0 release will be built using modules. The list of versioned modules and a hierarchy diagram are available here
The testnet was reset and bumped to version 3.
Comments are welcome for the proposal
to implement smart fee estimation, which is important for Lightning Network.
@matheusd recorded a code review video
for new Decred developers that explains how tickets are selected for voting. dcrwallet
: Version 1.3.0 RC1
features new SPV sync mode, new ticket buyer, new APIs for Decrediton and a host of bug fixes. On the dev side, dcrwallet also migrated
to the new module system. Decrediton
: Version 1.3.0 RC1
adds the new SPV sync mode that syncs roughly 5x faster. The feature is off by default while it receives more testing from experienced users. Other notable changes include a design polish and experimental Politeia integration. Politeia
: Proposal editing is being developed
and has a short demo
. This will allow proposal owners to edit their proposal in response to community feedback before voting begins. The challenges associated with this feature relate to updating censorship tokens and maintaining a clear history of which version comments were made on. @fernandoabolafio produced this architecture diagram
which may be of interest to developers.
@degeri joined to perform security testing of Politeia and found several issues
: mainnet explorer upgraded to v2.1 with several new features. For users: credit/debit tx filter on address page, showing miner fees on coinbase transaction page, estimate yearly ticket rewards on main page
, cool new hamburger menu and keyboard navigation. For developers: new chain parameters
page, experimental Insight API support, endpoints for coin supply and block rewards, testnet3 support. Lots of minor API changes and frontend tweaks, many bug fixes and robustness improvements.
The upcoming v3.0 entered beta and is deployed on beta.dcrdata.org
. Check out the new charts
page. Feedback and bug reports are appreciated. Finally, the development version v3.1.0-pre is on alpha.dcrdata.org
: updated to be compatible with the latest SPV code and is syncing, several performance issues are worked on. Details were posted in chat
. Alpha testing has started, to participate please join #dev
and ask for the APK. iOS
: backend is mostly complete, as well as the front end. Support for devices with smaller screens was improved. What works now: creating and recovering wallets, listing of transactions, receiving DCR, displaying and scanning QR codes, browsing account information, SPV connection to peers, downloading headers. Some bugs need fixing before making testable builds. Ticket splitting
: v0.6.0 beta released
with improved fee calculation and multiple bug fixes. docs
section that grouped some old articles as well as the new Politeia
@Richard-Red created a concept repository
sandbox with policy documents, to illustrate the kind of policies that could be approved and amended by Politeia proposals. decred.org
: 8 contributors
added and 4 removed, including 2 advisors (discussion here
Dev activity stats for August: 239 active PRs, 219 commits, 25k added and 11k deleted lines spread across 8 repositories. Contributions came from 2-10 developers per repository. (chart
Hashrate: went from 54 to 76 PH/s, the low was 50 and the new all-time high is 100 PH/s. BeePool share rose to ~50% while F2Pool shrank to 30%, followed by coinmine.pl at 5% and Luxor at 3%.
Staking: 30-day average ticket price is 95.6 DCR (+3.0) as of Sep 3. During the month, ticket price fluctuated between a low of 92.2 and high of 100.5 DCR. Locked DCR represented between 3.8 and 3.9 million or 46.3-46.9% of the supply.
Nodes: there are 217 public listening and 281 normal nodes per dcred.eu
. Version distribution: 2% at v1.4.0(pre) (dev builds), 5% on v1.3.0 (RC1), 62% on v1.2.0 (-5%), 22% on v1.1.2 (-2%), 6% on v1.1.0 (-1%). Almost 69% of nodes are v.1.2.0 and higher and support client filters. Data snapshot of Aug 31.
Obelisk posted 3 email updates
in August. DCR1 units are reportedly
shipping with 1 TH/s hashrate and will be upgraded with firmware to 1.5 TH/s. Batch 1 customers will receive compensation
for missed shipment dates, but only after Batch 5 ships. Batch 2-5 customers will be receiving the updated slim design
the new D9+ DecredMaster
: 2.8 TH/s at 1,230 W priced $1,499. Specified shipping date was Aug 10-15. FFMiner DS19
claims 3.1 TH/s for Blake256R14 at 680 W and simultaneously 1.55 TH/s for Blake2B at 410 W, the price is $1,299
. Shipping Aug 20-25.
Another newly noticed miner offer is this
unit that does 46 TH/s at 2,150 W at the price of $4,720. It is shipping Nov 2018 and the stats look very close to Pangolin Whatsminer DCR
(which has now a page on asicminervalue
joined the list of stakepools
for a total of 16.
Australian CoinTree added
DCR trading. The platform supports fiat, there are some limitations
during the upgrade to a new system but also no fees
in the "Early access mode". On a related note, CoinTree is working
on a feature to pay household bills with cryptocurrencies it supports.
Three new OTC desks were added to exchanges
page at decred.org.
Two mobile wallets integrated Decred:
- Coinomi added Decred to their Android and iOS wallets. In addition to the Apple App Store and Google Play you can download the APK directly. Coinomi features an integrated cryptocurrency exchange and is the first company to offer a mobile Decred wallet.
- BitBill Android and iOS wallet also added Decred.
Reminder: do your best to understand the security and privacy model before using any wallet software. Points to consider: who controls the seed, does the wallet talk to the nodes directly or via middlemen, is it open source or not?
- Bit Dials announced DCR support via GloBee at their bitdials.eu luxury boutique. Their separate supercar and classic car shop bitcars.eu also accepts DCR, either via GloBee or with manual invoicing in case of privacy concerns.
- Sheldon Store re-enabled DCR payments. The shop sells gift cards for Amazon, iTunes, Netflix and many more.
Targeted advertising report for August was posted by @timhebel. Facebook appeal is pending, some Google and Twitter campaigns were paused and some updated. Read more here
Contribution to the @decredproject
Twitter account has evolved over the past few months. A #twitter_ops channel is being used on Matrix to collaboratively draft and execute project account tweets (including retweets). Anyone with an interest in contributing to the Twitter account can ask for an invitation to the channel and can start contributing content and ideas there for evaluation by the Twitter group. As a result, no minority or unilateral veto over tweets is possible. (from GitHub
- Meetup in Puebla City, Mexico, organized by @elian. (photo, slides, missed in July issue)
- @joshuam discussed Decred and decentralized organizations with Craig Laundy, Federal Minister for Small Business, the Workplace, and Deregulation with the Australian Government, at @YBFVentures. (photos)
- Meetup at @TheBlockCafe in Lisbon, Portugal. @mm presented "Decred 101 - Governance with Skin in the Game" and @moo31337 talked about Decred's 2018 roadmap. (photos: 1 2 3)
- Meetup in Taipei, Taiwan. @morphymore made a short intro of Decred and noted: "After the talk, many have approached to tell me that they literally don’t hear of Decred until today, and are interested in finding out more about the merit of a hybrid consensus system.". Longer report here, some photos and a video are here.
- @eSizeDave introduced Decred to the SILC Undergraduate Program students at @YBFVentures. (photo)
- OKEx Global Meetup Tour in Ho Chi Minh City, Vietnam. @joshuam gave a brief presentation covering the history of Decred, how the project functions, and the importance of governance. Afterwards he joined a panel discussion and spoke about Decred's incentives for long term viability. (video, video, photo)
- Blockchain & Decentralised Governance Panel at @YBFVentures in Melbourne, Australia. @eSizeDave presented Decred, mini-report here. (photos: 1 2)
- Blockchain Futurist Conference in Toronto, Canada. @zubairzia0 noted: "Devs and the community were held in high regard for the people who knew about decred ... one positive thing I remember was someone defending us saying 'Decred does not need a booth', I believe that comment was reflective of the quality of projects being showcased at the conference.". (photo)
- Meetup at @YBFVentures in Melbourne, Australia. @joshuam discussed Decred with Graham Stuart, U.K. Minister for International Trade. (news, photos)
- Small meetup with Jackson Palmer in Melbourne, Australia. (photo)
- Voice of Blockchain in Chicago, USA. @moo31337 talked on Protocol Governance panel, Solving Scalability panel (video) and gave an interview, while @ay-p spoke on Decentralized Exchanges panel. Stakey made an appearance on the slides. (photos: 1 2 3 4 5)
- Hawthorne Street Fair in Portland, USA. Raedah Group was out answering questions about crypto and Decred. (photos)
- Blockchain APAC in Melbourne, Australia. @joshuam joined a panel discussion with reps from banking, university and ISO/TC 307. @eSizeDave reports: "This enterprise conference was indeed a whole lot better than I expected. The presentations were actually full of very worthwhile information from credible people, articulated aptly to a very government, academic, and corporate crowd, who genuinely took on board valuable insights. Good to know some of these key people are Decred holders and stakers as well. I got to use the entire day to speak directly with some of the most pivotal personalities in this particular populace. Ongoing relationships have been built and strengthened.". (photos: 1 2 3)
For those willing to help with the events:
BAB: Hey all, we are gearing up for conference season. I have a list of places we hope to attend but need to know who besides @joshuam and @Haon are willing to do public speaking, willing to work booths, or help out at them? You will need to be well versed on not just what is Decred, but the history of Decred etc... DM me if you are interested. (#event_planning)
The Decred project is looking for ambassadors. If you are looking for a fun cryptocurrency to get involved in send me a DM or come talk to me on Decred slack. (@marco_peereboom, longer version here)
Decred Assembly episode 21 is available
. @jy-p and lead dcrwallet developer @jrick discussed SPV from Satoshi's whitepaper, how it can be improved upon and what's coming in Decred.
Decred Assembly episodes 1-21 are available in audio only format here
New instructional articles on stakey.club
: Decrediton setup
, Deleting the wallet
, Installing Go
, Installing dcrd
, dcrd as a Linux service
. Available in both English and Portuguese
Decred scored #32 in the August issue
of Chinese CCID ratings. The evaluation model was explained in this interview
Satis Group rated Decred highly in their cryptoasset valuation research report
). This was featured by several large media outlets, but some did not link to or omitted
Decred entirely, citing
low market cap.
- Decred Investor Interviews: Ciarán O’Leary, General Partner, BlueYard Capital (medium)
- Decred Update Research Report by Node Blockchain (medium), and the corresponding full 11-page report (Google Drive)
- Is Decred worth my time and money? by Fabien Pelissier (medium), and the full 13-page Decred Analysis (PDF)
- Decred for Custody Providers by @bee (medium)
- The 3 Best-Performing Cryptocurrencies in 2018 (nulltx.com, missed in July issue)
- Decred Review (vivecrypto.com, missed in July issue)
- What is Decred? Everything about Decred, the wallet and the hybrid consensus (Dutch, currentcrypto.nl)
- Decred overview (Japanese, cryptocoinportal.jp, note: Decred's Coco is Amazing, according to Google Translate)
- What is Dark Red (Decred)? (Japanese, billion-coin.jp)
- Decred is the neglected gem among altcoins (captainaltcoin.com)
- What are the characteristics of Decred and where to buy? (Japanese, motto-money.com)
- What is hybrid virtual currency Decred? Explanation of features and future potential (Japanese, investor-a.com)
- What is DCR? Introduction to Decred (cryptobriefing.com)
- Cryptocurrencies in the Top 100 With Working Products That Are In-Use (investinblockchain)
- Top 3 Coins Crushing it in 2018 so Far! - Decred, VeChain, Binance Coin! by Decentralized TV (youtube)
- Decred review by Ultimate Money (youtube, missed in July issue)
- Interview with Marco Peereboom by BitBoy Crypto (youtube)
- Twitter followers 39,592 (+174)
- Reddit subscribers 8,631 (+119)
- Matrix users 163
- Slack users 6,067 (+103)
- YouTube subscribers 3,667
- Facebook 3,048 followers and 2,814 likes
- GitHub 417 (+14) stars and 1,021 (+44) forks of dcrd repository
Comm systems news:
- Interruptions in the chat bridge led to some Slack messages not reaching other platforms, and consequently not being archived in Matrix.
- Several impersonators were detected and banned.
- Inactive Slack channels were archived. If you miss them, let it be known.
- Mastodon was mentioned by several people as a possible alternative for Twitter.
- Two new Reddit rules were added to prevent CAPS flood and duplicate submissions.
After another debate about chat systems more people began testing and using Matrix, leading to some gardening on that platform:
- Decred Matrix community was created: +decred:decred.org, it helps to see all Decred-related rooms and people.
- #privacy and #design are now bridged.
- One private work channel was successfully migrated to Matrix.
- Stylish room avatars were set.
- @Haon has prepared a short guide to help new Matrix users get started and join the Decred rooms.
- A thread was started to discuss changes to Decred jargon with the intent to make it more consistent and accessible to newcomers. The question whether changing "official" terminology requires stakeholder approval was touched in this thread and in #documentation.
- Project fund transparency and constitution were extensively discussed on Reddit and in #general.
- Pre-proposal to use Politeia to approve Politeia as a legitimate decision-making tool for Decred.
Reddit: substantive discussion about Decred cons
; ecosystem fund
; a thread
about voter engagement, Politeia UX and trolling; idea
of a social media system for Decred by @michae2xl; how profitable
is the Obelisk DCR1.
Chats: cross-chain trading
via LN; plans
for contractor management system, lower-level decision making and contractor privacy vs transparency for stakeholders; measuring
dev activity; what if
the network stalls, multiple implementations of Decred for more resilience, long term vision behind those extensive tests and accurate comments in the codebase; ideas
for process for policy documents, hosting them in Pi and approving with ticket voting; about
SPV wallet disk size, how compact filters work; odds
of a wallet fetching a wrong block in SPV; new module system
in Go; security
of allowing Android app backups; why
PoW algo change proposal must be specified in great detail; thoughts
and SPV; prerequisites
for shipping SPV by default (continued
); Decred vs Dash treasury and marketing expenses
, spending other people's money; why
Decred should not invade a country, DAO and nation states, entangling with nation state is poor resource allocation; how
winning tickets are determined and attack vectors; Politeia
proposal moderation, contractor clearance, the scale of proposals and decision delegation, initial Politeia vote to approve Politeia itself; chat systems
, Matrix/Slack/Discord/RocketChat/Keybase (continued
of Korean exchanges; no breaking changes
in vgo; why
project fund burn rate must keep low; asymptotic
behavior of Decred and other ccs, tail emission; count of full nodes
and incentives to run them; Politeia proposal translations
and multilingual environment.
An unusual event was the chat about double negatives and other oddities in languages in #trading
DCR started the month at USD 56 / BTC 0.0073 and had a two week decline. On Aug 14 the whole market took a huge drop
and briefly went below USD 200 billion. Bitcoin went below USD 6,000 and top 100 cryptos lost 5-30%. The lowest point coincided with Bitcoin dominance peak at 54.5%. On that day Decred dived -17% and reached the bottom of USD 32 / BTC 0.00537. Since then it went sideways in the USD 35-45 / BTC 0.0054-0.0064 range. Around Aug 24, Huobi showed DCR trading volume above USD 5M and this coincided with a minor recovery. @ImacallyouJawdy
posted some creative analysis based on ticket data.
an extensive article "ASIC Resistance is Nothing but a Blockchain Buzzword" that is much in line with Decred's stance on ASICs.
The ongoing debates
about the possible Sia fork
yet again demonstrate the importance of a robust dispute resolution mechanism. Also, we are lucky
to have the treasury.
Mark B Lundeberg, who found
a vulnerability in atomicswap earlier, published
a concept of more private peer-to-peer atomic swaps. (missed in July issue)
Medium took a cautious stance
on cryptocurrencies and triggered at least one project to migrate
to Ghost (that same project previously migrated
away from Slack).
Regulation: Vietnam bans
mining equipment imports, China halts
crypto events and tightens control of crypto chat groups.
Reddit was hacked
by intercepting 2FA codes sent via SMS. The announcement
explains the impact. Yet another data breach
suggests to think twice before sharing any data with any company and shift to more secure authentication systems.
Intel and x86 dumpsterfire keeps burning brighter
. Seek more secure hardware and operating systems for your coins.
Finally, unrelated to Decred but good for a laugh: yetanotherico.com
About This Issue
This is the 5th issue of Decred Journal. It is mirrored on GitHub
. Past issues are available here
Most information from third parties is relayed directly from source after a minimal sanity check. The authors of Decred Journal have no ability to verify all claims. Please beware of scams and do your own research.
Feedback is appreciated: please comment on Reddit
or #writers_room on Matrix
Contributions are welcome too. Some areas are collecting content, pre-release review or translations to other languages. Check out @Richard-Red's guide
how to contribute to Decred using GitHub without writing code.
Credits (Slack names, alphabetical order): bee, Haon, jazzah, Richard-Red and thedecreddigest.