Social Giant Reddit Launches New Cryptocurrency on
Social Giant Reddit Launches New Cryptocurrency on
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Bitcoin mining is analogous to the mining of gold, but its digital form. The process involves specialized computers solving algorithmic equations or hash functions. These problems help miners to confirm blocks of transactions held within the network. Bitcoin mining provides a reward for miners by paying out in Bitcoin in turn the miners confirm transactions on the blockchain. Miners introduce new Bitcoin into the network and also secure the system with transaction confirmation.
We’re looking to make someone a millionaire. Could it be you? Quarantine may have placed some things at a halt, but we’re still operating as usual, so comment to enter! [Drawing Thread #54]
Depending on who you are, finals are either happening now or you’re done with them. With that being said, we’re still ending our year strong!
Introduction: Welcome to anyone and everyone coming from /popular. Quarantine has been making this subreddit more popular by the day, so thank you to everyone for supporting this. For those who aren't familiar:
Every month, we ask for comments for entry, and we pick one who represents our winner.
This process is completely random and verifiable, using the Bitcoin blockchain as a sophisticated die.
Following this, people then donate to the winner using a variety of mediums, and the winner would go on to be a "millionaire" (arguably, our definition of that term is pretty loose).
Also, I want to clarify on the situation with comments: you need to make only one top-level comment. You can reply as many times as you like. However! If you haven’t made a comment DIRECTLY to this post, you will not be counted. I’ve attached a helpful graphic visually clarifying the difference between a top-level comment and a reply right here: https://imgur.com/Si1VLX4 So once again, thank you for your support. The post lasts for 24 hours before getting locked, so make sure you place your comment before 7 PM ET. In addition, I will make a [Part 2] if we reach the limit, and changing some past precedent, I will extend comment collection by a full day. Let's make a millionaire! In Case You Missed It:
Our last winner, Ultima98, is currently accepting donations! Things have gone a bit rough for him, but that hasn’t stopped him from persevering, as he describes in his post. Donations will go to himself, to his local dog shelter, and among other recipients. If you would like to donate, click on the link here!
REQUIRED: Leave only one (1) top level comment in reply to this thread! (Replying to other comments will not qualify. You must be thirty days old or older to comment.)
A random user who commented will be chosen, and everyone donates a dollar to make a millionaire.
April 15 at 7:00 PM ET (epoch timestamp: 1586991600) is the cutoff for accounts. If you have created your account after this point, you are not eligible to enter and your submission will be disqualified automatically.
May 17 at 12:00 PM ET (epoch timestamp: 1589731200) will begin the process of selecting the winner. At this time, the [Draw] post will be online and start the process of waiting for the blockchain, in order to select the winner randomly and verifiably.
Changing how duplicates are handled: Starting this month, I’ll be changing how duplicates are handled. The TL;DR version is this: make absolute certain that you only left one top-level comment! Prior to this, I have set the comments to “FirstOnly”, meaning that if you have accidentally made more than one comment, you will be forgiven, and your first comment will count. This will not be the case anymore. Make sure that you checked your account and haven’t left any more comments than you should. From now on, if you have left more than one top-level comment on this post, your entry will be automatically removed! Other than that, if you do accidentally leave one and forget to remove it, make sure you enter next month!
May 17 at 12 PM ET (16 UTC), we will be picking our winner, and you won’t want to miss it. The post will be labeled [Draw], and one comment will be selected out of the many made here to make a winner! Remember, this is about generosity, making an impact, and uniting to make someone's life better. It takes three minutes to donate a bit to the winner, whether you're well off and want to donate a couple bucks, or going through tough times and can only donate a few coins. Every cent makes cents, and counts! If a lone $1 can get you an affordable utensil, then imagine the possibilities with $1,000,000. You can get a backpack, a farewell worth remembering, and pay for those pesky classes! A million dollars can make someone’s stay away from school. Spread the word: have your friends and family comment, post the link to your friendly-neighborhood social media network, and share it to anyone interested.
Let’s educate a millionaire!
All rise for this class. Take a stand, pencil in hand. How we’ve come so far.
Anybody think it’s a bit weird that u/maxwellhill ‘s last post is about a “Large Star Disappearing Without a Trace” when the user has seemingly done the same thing from Reddit? With 14m+ karma and being named Gizmodo’s person of the year, maxwellhill really was a star on this website and we have zero idea where he/she went. Tin foil hat time, Ghislaine Maxwell knew she was going away for a long time and posted that article as an allegory / goodbye to reddit.
Reddit is launching a new cryptocurrency called Moon that can be used to reward contributions in the r/CryptoCurrency subreddit.. Moons are ERC-20 tokens issued on the Ethereum blockchain. They can be transferred, tipped and spent in the subreddit through Reddit’s iOS or Android app. Individuals, businesses, developers: learn from our simple Bitcoin guides. How Bitcoin works, what is Bitcoin, what is blockchain, how to buy Bitcoin, what is Bitcoin mining and more. Block Explorer-Our first and original app is still the world’s most popular bitcoin website of all time. The explorer allows anyone in the world a quick and reliable way to check the status of any transaction. The site data is regularly used by Reuters, Bloomberg, and many others to report on the status of the digital currency ecosystem. In 2014, the IRS issued Notice 2014-21, 2014-16 I.R.B. 938 (PDF), explaining that virtual currency is treated as property for Federal income tax purposes and providing examples of how longstanding tax principles applicable to transactions involving property apply to virtual currency. The frequently asked questions (“FAQs”) below expand upon the examples provided in Notice 2014-21 and apply Bitcoin Lifestyle is a viral trading robot that claims to make users money from participating in the cryptocurrency market. The robot allegedly uses artificial intelligence and machine learning to
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