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BIPS - Your Free Bitcoin EWallet submitted by WalletBit to BitcoinWallet [link] [comments]

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submitted by freespinsgaming to u/freespinsgaming [link] [comments]

MyBookie Review: What’s Your Experience Reddit?

I’ve been into sports betting for a good few months now and am pleased to say that I’m making a few hundred dollars off it each month. I live in Florida and I have to say that sports betting is just something that I enjoy doing. I’m not addicted, I haven’t accrued any debts (I’m actually in profit) and it’s not affecting my life. The winnings pay for little things like a few odd jobs on the house that needed doing.
Anyway, I used a few different sites when I first started out to test them all out and I’ve pretty much settled on MyBookie. From what I’ve seen on Reddit, there are a lot of people in the U.S. who aren’t sure what sports book to use, and there are also those who criticise MyBookie for being a low level site. I personally like it and decided to write this little MyBookie review to potentially help you out.
:)
Welcome bonus?
You get. It’s a 50% match bonus and you can deposit as much as $1,000 and thus get $500 free. Minimum deposit is $100 if you want to grab it though. Rollover requirements increase the bigger your deposit is
Spreads
Very good for underdogs. Perhaps not as good as Bovada (which I also use) but still good. they are square too
Sportsbook
Initial limits are a bit low, they post lines a tad slowly too but all the major events are covered and if you’re just a casual bettor and a casual fan, you can’t really go wrong here.
Live betting?
Yes, it’s available. Juice is pretty good too and gets bigger for the smaller sports.
Withdrawal fees
Steep. Wire transfer is something like $35 (can’t say what it is exactly at time of writing as I haven’t done a wire transfer for a while but it WAS really high)
Bitcoin is free (I use Bitcoin) and you can convert it to cash via a BitPay card. You barely lose anything on the market exchange
Also worth mentioning that you’ll probably have to upload a valid ID photo before you can withdraw anything. Bit of a pain in the butt but you’ll get there :)
Deposits
Instant, no fees for cards and eWallets but a bit slower for Bitcoin
Bitcoin accepted?
Yes
Is MyBookie Legal (Is MyBookie Legit?)?
100% in the U.S.
Is MyBookie safe?
Yes.
Customer service
Solid. A call back request is really cool!
submitted by Waitingforsunday3 to casualgambling [link] [comments]

Ethereum's future is bright, the DApps are coming!

The DApps are coming, the DApps are coming!

Chin up boys and girls – the DApps (Decentralized Apps) are finally coming. Utility, not speculation/manipulation/shilling etc., is what, in the end, will give/justify the value of blockchains.
 
Of the top 100 tokens, 91 of them are on the Ethereum blockchain (ERC-20). The most valuable non-Ethereum tokens by market cap are USDT (4) and GAS (25). Eventually, ICX (6), VeChain (3) and EOS (1) and several others will be migrating to their own blockchains. Still, this leaves Ethereum with an overwhelming market dominance for tokens (aka DApps) and Ethereum has been clearly recognized as the blockchain to launch ICOs/DApps.
 
We have already seen several DApps successfully launch on mainnet including CrytptoKitties, Crypto Sportz, Edgeless, Etherbots, Ethercraft, Etheremon, Etheroll, ETHLend, Forkdelta (RIP Etherdelta), 0xBitcoin and Ethlance among others. Check out a whole list on DappRadar and track the progress of some lesser known, smaller projects on StateoftheDApps (Note: I cannot vouch for all of these DApps. There have been and always will be scammers in the crypto space. Please, always do your own research!)
 
For the rest of March + Q2 (April - June) we are going see the biggest implementation of DApps on the Ethereum mainnet to date. Below I’ve laid out, in alphabetical order and in varying detail, what’s happening between now and the end of Q2 of this year. (I’ve also added some info, where especially relevant, of big stuff coming after Q2). I hope any biases I may have do not come through too much in the writing.
 
To hammer home on utility once more: One year ago today, the daily transaction count was at 57,000. Yesterday, the network confirmed over 752,000 transactions (a 13x increase) (And remember, ATH in January was 1.349 million txns!) [Source]
 

On to the DApps:

 
Airswap
Subreddit
 
Aragon
Subreddit
 
Augur
Subreddit
 
BlockCAT
Subreddit
 
Digix
Subreddit
 
Ethorse
Subreddit
 
FunFair
Subreddit
 
FundRequest
Subreddit
 
Giveth
Wiki
 
Golem
Subreddit
 
iExec
Subreddit
 
Kyber
Subreddit
 
MakerDAO
Subreddit
This project can take a little time to understand, so here's a thorough ELIM5 walkthrough.
 
Melonport
Subreddit
 
OmiseGO
Subreddit
 
Request
Subreddit
 
Spankchain
Subreddit
 
status.im
Subreddit
 
Streamr
Subreddit
 
The 0x Protocol
Subreddit
 
Also, an informative article about some of the differences between the various decentralized exchange protocols here.
 
Some general Ethereum news to be excited about:
 
  • Vitalik recently hinted, in a since deleted tweet, that the sharding testnet will be coming online in the near future (I think Q2 isn’t too early a guess).
    • What is sharding? Sharding is where the entire state of the network is split into a bunch of partitions called shards that contain their own independent piece of state and transaction history. In this system, certain nodes would process transactions only for certain shards, allowing the throughput of transactions processed in total across all shards to be much higher than having a single shard do all the work as the mainchain does now. [Source]
 
  • Alpha Casper FFG testnet has been successfully running since Dec. 31, 2017.
    • What is Casper? Casper FFG aka Vitalik’s Casper is a hybrid POW/POS consensus mechanism. This is the version of Casper that is going to be implemented first. In a Proof of Stake system, validators stake a portion of their Ethers and start validating blocks. Meaning, when they discover a block which they think can be added to the chain, they will validate it by placing a bet on it. [Source]
 
(To stay up-to-date on Ethereum research development, check out Ethresear.ch)
 
  • The Ethereum Community Conference (EthCC) is March 8-10 in Paris. Talks will focus around “scalability, anonymity, development tools, governance compliance” among other topics.
    • Speakers include representatives from the Ethereum Foundation, Ledger, Metamask, Shapeshift, Oraclize, Uport, Web3Foundation, Melonport, ConsenSys, JP Morgan, Coinbase – Toshi, Parity, SpankChain, FunFair, Aragon, AirSwap, EEA, IExec, Cosmos, OmiseGO, Circle, Gnosis, among others.
    • UPDATE: EthCC was a resounding success! If you missed it or want to re-watch any of the talks, check out this handy thread of videos, painstakingly culled and timestamped by u/alsomahler.
  • The Ethereum Developer Conference (EDCON) is May 3-5 in Toronto. This will be the biggest ETH dev conference since DEVCON 3 last November. The agenda is still being worked out, but speakers include representatives from the Ethereum Foundation, Polkadot, Parity, Plasma, OmiseGO, Cosmos, Tendermint, Giveth, Maker, Gnosis, and many others.
  • The Enterprise Ethereum Foundation (EEF) just keeps growing and growing and growing.
 

More, because I just can’t stop:

  • MetaMask recently passed 1 million installs!
  • 5.6 billion requests per day for Infura.io (Decentralized web3 infrastructure)
  • 280,000 downloads of TruffleSuit (ETH development framework)
    [Source]
 
  • ConsenSys has grown to over 600 employees in six major offices located around the world. I personally think ConsenSys is important (and awesome) because they are huge Ethereum evangelists and provide (in)valuable resources to help bring DApps come to life!
    • From their website: “The ConsenSys “hub” coordinates, incubates, accelerates and spawns “spoke” ventures through development, resource sharing, acquisitions, investments and the formation of joint ventures. These spokes benefit from foundational components built by ConsenSys that enable new services and business models to be built on the blockchain.”
    • Several of the projects I listed above are ConSensys formations including AirSwap and MetaMask.
 
Thanks for reading this far! Hopefully it wasn’t too exhausting of a read.
 
I am certain I have forgotten some DApps, so please feel free to comment/PM any and all suggestions/corrections to make this list more informative/inclusive/accurate and I will update it.
TL;DR
submitted by GetYourAssToPluto to ethtrader [link] [comments]

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submitted by Jackwillems to u/Jackwillems [link] [comments]

Ethereum's future is bright, the DApps are coming! (x-post from r/ethtrader)

The DApps are coming, the DApps are coming!

Chin up boys and girls – the DApps (Decentralized Apps) are finally coming. Utility, not speculation/manipulation/shilling etc., is what, in the end, will give/justify the value of blockchains.
 
Of the top 100 tokens, 91 of them are on the Ethereum blockchain (ERC-20). The most valuable non-Ethereum tokens by market cap are USDT (4) and GAS (25). Eventually, ICX (6), VeChain (3) and EOS (1) and several others will be migrating to their own blockchains. Still, this leaves Ethereum with an overwhelming market dominance for tokens (aka DApps) and Ethereum has been clearly recognized as the blockchain to launch ICOs/DApps.
 
We have already seen several DApps successfully launch on mainnet including CrytptoKitties, Crypto Sportz, Edgeless, Etherbots, Ethercraft, Etheremon, Etheroll, ETHLend, Forkdelta (RIP Etherdelta), 0xBitcoin and Ethlance among others. Check out a whole list on DappRadar and track the progress of some lesser known, smaller projects on StateoftheDApps (Note: I cannot vouch for all of these DApps. There have been and always will be scammers in the crypto space. Please, always do your own research!)
 
For the rest of March + Q2 (April - June) we are going see the biggest implementation of DApps on the Ethereum mainnet to date. Below I’ve laid out, in alphabetical order and in varying detail, what’s happening between now and the end of Q2 of this year. (I’ve also added some info, where especially relevant, of big stuff coming after Q2). I hope any biases I may have do not come through too much in the writing.
 
To hammer home on utility once more: One year ago today, the daily transaction count was at 57,000. Yesterday, the network confirmed over 752,000 transactions (a 13x increase) (And remember, ATH in January was 1.349 million txns!) [Source]
 

On to the DApps:

 
Airswap
Subreddit
 
Aragon
Subreddit
 
Augur
Subreddit
 
BlockCAT
Subreddit
 
Digix
Subreddit
 
Ethorse
Subreddit
 
FunFair
Subreddit
 
FundRequest
Subreddit
 
Giveth
Wiki
 
Golem
Subreddit
 
iExec
Subreddit
 
Kyber
Subreddit
 
MakerDAO
Subreddit
This project can take a little time to understand, so here's a thorough ELIM5 walkthrough.
 
Melonport
Subreddit
 
OmiseGO
Subreddit
 
Request
Subreddit
 
Spankchain
Subreddit
 
status.im
Subreddit
 
Streamr
Subreddit
 
The 0x Protocol
Subreddit
 
Also, an informative article about some of the differences between the various decentralized exchange protocols here.
 
Some general Ethereum news to be excited about:
 
  • Vitalik recently hinted, in a since deleted tweet, that the sharding testnet will be coming online in the near future (I think Q2 isn’t too early a guess).
    • What is sharding? Sharding is where the entire state of the network is split into a bunch of partitions called shards that contain their own independent piece of state and transaction history. In this system, certain nodes would process transactions only for certain shards, allowing the throughput of transactions processed in total across all shards to be much higher than having a single shard do all the work as the mainchain does now. [Source]
 
  • Alpha Casper FFG testnet has been successfully running since Dec. 31, 2017.
    • What is Casper? Casper FFG aka Vitalik’s Casper is a hybrid POW/POS consensus mechanism. This is the version of Casper that is going to be implemented first. In a Proof of Stake system, validators stake a portion of their Ethers and start validating blocks. Meaning, when they discover a block which they think can be added to the chain, they will validate it by placing a bet on it. [Source]
 
(To stay up-to-date on Ethereum research development, check out Ethresear.ch)
 
  • The Ethereum Community Conference (EthCC) is March 8-10 in Paris. Talks will focus around “scalability, anonymity, development tools, governance compliance” among other topics.
    • Speakers include representatives from the Ethereum Foundation, Ledger, Metamask, Shapeshift, Oraclize, Uport, Web3Foundation, Melonport, ConsenSys, JP Morgan, Coinbase – Toshi, Parity, SpankChain, FunFair, Aragon, AirSwap, EEA, IExec, Cosmos, OmiseGO, Circle, Gnosis, among others.
    • UPDATE: EthCC was a resounding success! If you missed it or want to re-watch any of the talks, check out this handy thread of videos, painstakingly culled and timestamped by u/alsomahler.
  • The Ethereum Developer Conference (EDCON) is May 3-5 in Toronto. This will be the biggest ETH dev conference since DEVCON 3 last November. The agenda is still being worked out, but speakers include representatives from the Ethereum Foundation, Polkadot, Parity, Plasma, OmiseGO, Cosmos, Tendermint, Giveth, Maker, Gnosis, and many others.
  • The Enterprise Ethereum Foundation (EEF) just keeps growing and growing and growing.
 

More, because I just can’t stop:

  • MetaMask recently passed 1 million installs!
  • 5.6 billion requests per day for Infura.io (Decentralized web3 infrastructure)
  • 280,000 downloads of TruffleSuit (ETH development framework)
    [Source]
 
  • ConsenSys has grown to over 600 employees in six major offices located around the world. I personally think ConsenSys is important (and awesome) because they are huge Ethereum evangelists and provide (in)valuable resources to help bring DApps come to life!
    • From their website: “The ConsenSys “hub” coordinates, incubates, accelerates and spawns “spoke” ventures through development, resource sharing, acquisitions, investments and the formation of joint ventures. These spokes benefit from foundational components built by ConsenSys that enable new services and business models to be built on the blockchain.”
    • Several of the projects I listed above are ConSensys formations including AirSwap and MetaMask.
 
Thanks for reading this far! Hopefully it wasn’t too exhausting of a read.
 
I am certain I have forgotten some DApps, so please feel free to comment/PM any and all suggestions/corrections to make this list more informative/inclusive/accurate and I will update it.
TL;DR
submitted by GetYourAssToPluto to ethereum [link] [comments]

Some questions, concerns and excitements

I have been around this sub since July and I am always so happy to see quality discussions going on here. Usually I don’t have an urge to write a post because I find all my questions and curiosities are answered on the posts, but I have some new questions, concerns and excitements so here I am. I am excited for you to share your thoughts and I hope this post adds to the community.
Some questions (with my attempts to answer them)
Q1) Ethereum and OmiseGo: Is Ethereum dependent on OmiseGo’s success as much as OmiseGo is on the success of Ethereum?
Critics of Ethereum often bring up two arguments 1) Ethereum won’t be able to handle increasing network traffic 2) Ethereum’s gas fee structure will make it fail
OmiseGo(+Plasma) can come solve both of these problems. 1) Plasma will enable off-chain transactions, reducing network traffic dramatically 2) Users and developers of dapps on the mainnet will be able to pay for the transactions that need the utmost security possible when the Plasma is active, and in any currency they want to pay when the OmiseGo network is alive.
What do you think? Will it be possible for people to pay USD for the Gas on Ethereum network?
Q2) Liquidity: How will OmiseGo provide enough liquidity as it becomes the most universally used DEX in the world?
When I read OmiseGo white paper and interviews of their advisors and team members, their goal is clear and bold: To become the DEX of the planet. But to achieve this, you will need a lot of liquidity. In the previous TownHall, Jeremy mentioned that they are working with banks, and actively looking for more partners to provide this liquidity.
But why will a bank with a lot of liquidity put it on the OmiseGo network? In my opinion, banks will only do so to yield more profit than putting the money into something else. Then, the liquidity providers might take a bigger portion of the fees than we might expect. Or is there another reason why they will provide liquidity?
Note: On the white paper, it writes “By bonding Ethereum into a smart contract [5] (or Bitcoin-like tokens into bonded clearinghouses), it is possible to lock up Ether onto the activity of the OMG chain to allow for eWallet pairs to occur over Ether or other cryptocurrencies, creating a liquid market (if every pair crosses with ETH, spreads would be much smaller provided low currency volatility).” But who would provide enough Ethereum to provide liquidity for the network?
I have no domain knowledge or experience in this. Could anyone with such knowledge oand experience shed some light on this? Current crypto exchanges are centralized and OmiseGo is a completely different animal, actually transmitting the value for each transaction, real-time. Right now, I can’t wrap my head around this, and I hope we can help each other :)
Q3) Won’t users of less available/popular currency suffer?
Here is a scenario I have in my mind: Let’s say you live in Kenya and receive Kenyan shillings for your salary. You go online and try to buy some stuff with KSH, and the online store you use often just started using OmiseGo network. But the KSH demand on the network is so low that you see you pay almost double of what you used to pay.
What flaws does my scenario have? How can this be solved?
With questions on the board, let me share 2 concerns I have for OmiseGo
C1) No activity on GitHub
I go on their GitHub, and there is near zero activity. I know they have recently released Plasma MVP, and that they are going through closed beta for the SDK. Is that why they don’t share any of their software development on GitHub? Will February open beta release come with lots of open source codes?
I am not familiar with how software open source/ open beta work, so this might be a dumb question. If you have some background in software development, please shed some light on this!
(I actually wrote a semi-long answer to someone else’s post on same concern (“Where is the development update from omisego team”). It’s kinda ironic that I am bringing up this concern now, but I want to hear your thoughts and broaden my perspective anyway.
C2) Amazon and other big stores coming together to create their own coin
I am not worried about other cryptos that advertise as ‘the coin’ to be used as the medium for value transmission, such as stellar, miners, bitcoin cash or ripple, etc. If OmiseGo builds highways, these are just ‘better vehicles’ to transport people.
But what if a large portion of value that will be transmitted through OmiseGo network, online payment transactions, makes their own coin and just frees themselves from 3rd payment processing logistics? Would it be hard for Amazon to create their own coin that can be only used for the products they offer, and use that reduced 3~4% tx cost to offer better price for people? Why wouldn’t Amazon do this?
If you have some retail, online payment experience or knowledge, please help!
C3) Why traditional exchanges will not convert to OmiseGo, and why it doesn’t matter I had this concern, but jv2222 provided a great insight onto this matter, and cured me of my fear. I just wanted to share his post for those who missed it. It is a great read.
Okay, now concerns are also on the board…
Reading this far, you must be an OmiseBro/OmiseSister (although I have not met many female crypto investors, I know you are out there, OmiseSistas!), cuz this post is quite long, and you are still here.
So let me share why I am very excited about OmiseGo.
E1) If OmiseGo delivers, not only early investors will secure a juicy source for ‘semi-passive income’, but also contribute to transforming how we humans transmit values.
You probably understand why you, an early investor, will be very happy when OmiseGo delivers. For the second part of my excitement, let me digress a bit and tell you some of my abroad stories.
In 2015, I went to Kenya to live and run with Kenyans, the best runners on Earth (I was in love with the art of running, and wanted to see how they do it). It’s been almost 2.5 years, but I still cherish the memories and what I’ve learnt there (If you are a runner, take a moment to appreciate graceful and beautiful running in this video which I filmed in Kenya here).
After the trip, I still keep in touch with athletes and coaches I interviewed, and I regularly help out some of them through PayPal or Wave. But working in Korea makes it very hard for me to share financial value with them. PayPal doesn’t support KRW (currency of Korea) nor Wave. Every time I want to send some money, I ask my girlfriend if she needs some KRW, and asks her to send me equivalent USD to my PayPal or directly send to my friends in Kenya through Wave. This is very time-consuming and frustrating. It really doesn’t have to be this way.
When OmiseGo network is alive, in theory, I can just put in my KRW on the network, and they can cash out Kenyan shillings. No 3rd party that takes +1% fees. No need to wait +10 minutes. Done.
Furthermore, I have some Starbuck’s points and airline mileage that I don’t really need. So I want to also send that over to a high school that I support in Kenya. With a few clicks on my phone, the transaction is done, and these points will help some of the students to get their first running shoes.
How amazing is this? Providing a network/pool where all the ‘values’ on Earth, across borders of countries and cultures, can be shared and transmitted instantly.
E2) The tokenization of any assets
In November, 2017, Gramatik, a famous DJ in the international club and festival scene, raised $9M in his GRMTK Token ICO.The owners of GRMTK tokens receive portions of the revenue Gramatik produces through his music, films, and concerts.
Singular DTV was behind this, but with OmiseGo network, anyone can tokenize their asset, talent, and creativity, and secure much more sustainable way to maintain their practice.
This can be great for athletes, musicians, fine/performance artists, racing drivers, chess prodigies, and so on. I am very excited for this part of OmiseGo network because many of my close friends are musicians and I see a lot of money being taken away from them by Music Rights Protection Organizations, Distribution companies and Entertainment companies. You will be super surprised, or even appalled, by how much Korean idols actually make through their music. Middlemen take a great bite out of every creativity and work. It’s brutal.
Tokenization will also help other businesses that could only rely on traditional source of funds. Restaurants, museums… any small to medium sized businesses can now focus more on their work, than securing funds. What’s also cool is that, OmiseGo releasing their White-label wallet SDK, will enable developers around the world to create apps to enable all of these… put them into many niche markets that we don’t even imagine OmiseGo can be applied to.
E3) Please share your excitements!
Above two excitements are very personal ones for me, being a lover of running and having friends who are suffering in the very centralized structure.
I want to ask, what are you most excited about the project? Why?
Thank you for reading this far, and I hope this was entertaining and stimulating at the same time.
Edit: some typos
submitted by artofrunningslow to omise_go [link] [comments]

Send bitcoin by sound waves (Point of Sale; Mobile Checkout, bitcoin eWallet to bitcoin eWallet)

Accepting Bitcoin at Point of Sale; Mobile Checkout or splitting a dinner bill with a friend in bitcoin has never been easier. No more messing around with trying to take a photo or scanning a QR code, or writing in the Bitcoin address manually on your smartphone.
Now by simply allowing your handset to listen to a “Chirp”, all the required information for making the payment to the cashier or bitcoin ewallet is provided in mere second.
We here at BIPS are working hard to provide people in all of the world with ever easier methods of accepting Bitcoin as payment. The “proof of concept” of this new system has already been integrated in your Mobile Checkout web application, so if you have a BIPS account try it for yourself today!
You will want to use Chrome on desktop and any mobile browser on your smartphone. For receiving the information of the “Chirp” you can try http://chirp.io/ until BIPS official app is ready.
For people wanting to see this without having a BIPS account, use Kris Henriksen’s link, https://bips.me/checkout/mobile/cb
Just type in the description and amount + currency, and click Checkout. A short “bird song” will be heard, and this is what we use to send the information.
The information that is being transferred over sound waves is based on the official Bitcoin URI Scheme, so any existing app out there will be able to implement this and automatically fill out the required fields for making the payment.
If you have any questions, or ideas for improvement, feel free to reply here or get in touch with us by https://helpdesk.bips.me
Regards BIPS
submitted by BIPSBitcoin to Bitcoin [link] [comments]

Bitventory: A simple, secure, auditable e-wallet service

Hey all,
Bitventory is a new online wallet service I've developed to help solve many of the problems with other e-wallets. The challenge I set out to solve is this: is it possible to design a wallet service where the operator has no control of the funds? Essentially, can you run a bank without holding any money?
Bitventory never solicits the user for private keys. Instead, all wallet operations requiring a private key are performed in-browser using a Java applet. When the site needs to expand the user's pool of public keys stored server-side, it asks the user to unlock their wallet and queries the applet for keys. Likewise, when the user wishes to send coins from the site, the transaction is built by the server-side transaction processor and is passed to the applet for signing.
The applet actually displays the payment recipient, the coins sent, fees, etc to the user after extracting them from the transaction itself. Thus, I as an evil service operator can't ask the user to sign a malicious transaction. The applet also verifies that the change address is owned by the user.
The applet source code is all free software, licensed under the GPLv3, and is available on Github. Beyond downloading the code, users can pull it, sign their own jar file, and then actually use their own audited code on the site. There are instructions for building and signing applets and configuring Java to use your own certificates. This way, I can't swap in malicious code. With other deterministic wallets, you're left to hope that the operator isn't changing the Javascript that you're being sent.
Speaking of deterministic wallets: Bitventory uses a hybrid approach to key generation. It's not entirely random, but it's also not derived from a simple password. A full description is on the site, but the gist is that a key is derived from an email, password, and a token derived from an initial randomly generated secret shared between us and the user. This seriously hampers any sort of dictionary attack on the chain, but still allows one serious advantage:
Your wallet can be generated at any time, given those three components: email, password, and the shared secret. We provide a free software wallet generator which can restore a user's wallet entirely in the official Bitcoin client. If we disappear tomorrow, or you simply wish to leave, there's an immediate exit strategy. No backups or anything are required. Simply remember your password, and store your secret in a secure location (preferably offline, on paper).
This is a project I've been working out in my head for a while, but which I've only recently allocated the time to build. I have the codebase stable, but there are misc quirks that I'm working out. For now, I'm only running a version of the wallet on the Bitcoin test network for users to try out and give feedback on. If you encounter any issues, please send me a bug report via email or reddit. I won't feel comfortable opening it for use on the production network until I start getting real feedback.
I've also slapped my personal identity all over this thing. The whois data, SSL certificate, etc. My name is Ken, and I'm a student in Albany, NY, and you can call me if you want. You might think the student label would be a reason not to use the service, but I designed it for that to be less important. I'm not a bank, and I don't have the massive team of developers and technical expertise of one. I've developed Bitventory so that I don't need to be trusted with your coins. Even assuming the site was compromised, your wallets would be safe.
Feel free to fire away with any questions. Also, I've created this account specifically because my main reddit account isn't attached to my real identity and I'd like to keep it that way. But if a mod would like, I can verify anything, including that I'm an active redditor.
Check out our testnet client here: https://bitventory.com/testnet/
Send yourself some coins: Testnet Faucet
Thanks!
EDIT: As ripper2345 pointed out, the default jar has really awful permissions (it wants to be granted local file access). Unless you roll your own, you may want to avoid creating an account until I fix this. I should have it fixed shortly.
EDIT2: The applet should be sandboxed now. You may need to clear your Java applet cache, if you tried to use the previous version. Let me know if there are anymore concerns. I'll be here all day keeping an eye on things. :)
EDIT3: I've signed up for User Voice, so if you'd like to leave bug reports and feature requests:
http://bitventory.uservoice.com/
Bugs and feedback here are fine, but anything involving future features and such should be sent to User Voice so I can have a record of what people most want. Thanks!
EDIT4: As requested, you can follow us for updates as we add new things, and for details on our upcoming launch on the production chain. I get annoyed with over-tweeting, so expect it to be really low traffic. http://twitter.com/#!/bitventory
EDIT5: As requested, here's a Bitcoin address if you'd like to help fund development of the site (PM for a unique address):
15ZB6k6ZJMUf6wCLZ1UFrbWoR7uH4PYSqb
EDIT6: After some helpful feedback today, I've made an update about upcoming changes and improvements. They're detailed in this post.
The particularly big change I'm looking at is a fix to eliminate server-side token generation in favor of a pure in-browser solution. Any thoughts would be appreciated.
EDIT7: I apparently pushed a broken update last night because of a small difference between my dev environment and this AMI which I've fixed. I saw that a few user accounts last night weren't able to try out the site, and should be good to go now.
submitted by bitventory to Bitcoin [link] [comments]

A n00b vents: barrier to entry of bitcoin, the implications for general uptake, and the future

Being mindful of the general truism whereby you forget how hard something was to begin with once you get setup into the pattern of efficient minimal usage, it felt like a good time to vent, slash get the opinions of the community.
The problem: once someone has been titillated enough by the prospects of bitcoin, they'll then try to get into it. How many will fail? Let's be honest, on a quite-nerdy website, we're probably relatively a lot nerdier, so should arguably be finding these things very easy if we hope that the general populace will be adopting, no?
My experiences:
MY OVERALL POINT
There's loads of evangelism going on in bitcoin, which is great (not sarcasm), but I wonder to what extent part A (getting people interested) is being undermined by part B (people being able to get onboard)?
Is there a step by step guide, or flow diagram, for how people should get onboard once they've decided they want to? This and this is good, but maybe should be expanded to include the security one should have and a stepwise guide to get there, plus what to expect/prepare when signing up to the wallet sites?
TLDR: technical papercuts barrier uptake to bitcoin, thus working against the promotional work of the community. How can these be reduced? Have they been improving with time?
submitted by Sharky-PI to Bitcoin [link] [comments]

Inspired-By-Cryptocurrencies

I'll start by saying that I have been fascinated by bitcoin since the first time I heard about it four or so years ago. Although I knew about it I was young and poor and wasn't aware about how to purchase it. Just basically wasn't on the level yet. When I first learned about Ethereum is when I became very interested in crypto that was a little over a year ago. Since then it's a progression. I have been in and out of almost every coin in the top 50 plus some. I love it. Really love decentralization. I love the idea of people taking their financial freedom back. Fuck yeah to huge green dildos the market gains are staggering. The losses are fantastically huge and terrifyingly hilarious. The tech is brilliant, genius, useful, innovative, hard to understand, open source, I mean it's really just a wonderful place right now. It's a fertile ground for entrepreneurs. It's a new market for a new generation. It's risky business.
Please then can anyone tell me what trail blazers were not confronted with new obstacles? What great place for the free is not attacked by cretans? Where there is money is there not always a desire to hide it? As far as I can tell, an uncharted, dreamers, territory, is a dangerous place and it always has been. From Magellan's circumnavigation, to Louis and Clark's Corps of Discovery, doing something new and great is full of hazards that have to be overcome.
As crypto currency is moving growing out of its toddling stages we are continuing to face attacks on its credibility from the outside. I think that many crypto enthusiasts will agree that there are many "coins/tokens" that aren't going to be good long term investments. But I also believe and can see and read that some of these technological mutations are going to do great things for finance and I believe you believe that too.
Although "Crypto" is in its own way a boycott of convention, it is now a vibrant community of millions of people. We are a minority who only wish to develop and support new products that have been withheld from us by groups too powerful to combat until "open source" became more available throughout the world. Now that we have one foot out the door the old guard is noticing. They, as well as our governments are struggling to catch up in an industry begun by hobbyists. In garages and spare bedrooms, with gear that had to be sourced and pieced together, we built our miners. In chat rooms not classrooms, through support within the communities of crypto we learned things like POS, LN, hard fork, soft fork, block time, ewallet, and so much more. We are now becoming great. There are technologies on the horizon that are daring to change the world. We are creating a united front to be citizens of the world without their NWO.
I started writing this as a critical thing about the Dimon thing but instead I just became lost in the inspiration I see everyday here on Reddit, Twitter, the exchanges, (the immense load they have mostly handled) so I guess I'm just saying thanks to all the people out there who built this. Thanks for all the community support. Hodl or seldl, you are all here reading, hungry motherfuckers, who want something better! Keep up the hard work! If you are like me there is hardly a place for you to talk openly about crypto without sounding like a nut but I am super fuckin pumped about Cryptocurrencies and happy to be a part of this with all of you.
submitted by jsquirtlesquirtle to CryptoCurrency [link] [comments]

Introducing BIPS – The Free EWallet and Merchant Solutions Provider

Bitcoin Internet Payment System (BIPS), the free Bitcoin service, has just launched. BIPS unleashes the full power of Bitcoin - making merchant processing fees a thing of the past and giving traditional payment processors a run for their money. Created for merchants and end users alike, the Bitcoin world will never be the same. Based out of Denmark, BIPS is brought to you by the same team as WalletBit - a name you can trust. Visit https://bips.me and get started today.
Users have the option of signing up using an existing Facebook, Twitter or Google account. This means you won't have to remember another password unless you want to. For those of you who like to do things the old fashioned way, we have a traditional sign up method.
Our free eWallet service is the most secure in existence today. When you sign up for a BIPS account your password is stored as a heavily salted SHA-512 hash. This means your BIPS password is more secure than most banking sites. BIPS also enables you to add up to three factors of authentication to prevent unauthorized access to your account. This includes Secure Card technology pioneered by WalletBit and Google Authenticator.
BIPS is the first major Bitcoin gateway to offer merchant tools completely for free. As long as you keep your balance as Bitcoins then you pay zero processing fees. You only have to pay if you want to cash out to your local currency.
BIPS gives you the option to automatically convert some of or all the Bitcoins coming into your account to your local currency. Any automatic conversion to local currency at the time of purchase is guaranteed at the rate it was processed for. This means you can accept Bitcoins without worrying about exchange rates.
Transfers between BIPS accounts are instant and free. The only thing you will ever be asked to pay for are our premium services such as buying, selling and cold storage. BIPS offers the most affordable Bitcoin selling rates ever offered globally. With 42 different local currency options (https://bips.me/pricing) BIPS offers the most cash out options anywhere. This includes daily domestic transfers to both Canada and Denmark.
BIPS combines years of Bitcoin processing experience to create the ultimate Bitcoin website. Best of all BIPS is free. Simply put, BIPS is the last Bitcoin website you will ever need.
Free Bitcoin Services
eWallet services (only pay network fees!) - Receive Bitcoin - Send Bitcoin - Transfer between BIPS accounts - Import wallet.dat
Bitcoin Merchant Tools - Instant Payment Notifications (IPN) - REST API - Shopping Cart Plug-ins (coming soon) - Mobile Checkout
Premium Bitcoin Services - Sell Bitcoin (2.5%) - Buy Bitcoin (9%) - MTGox Instant Ask (0.89%) - SMS Bitcoin (0.89%) - Cold Storage (0.89%/0.89%)
https://bips.me
submitted by WalletBit to Bitcoin [link] [comments]

My first two grant proposals for the Bitcoin Foundation (requires BF membership)

So I have made two grant proposals to the Bitcoin Foundation. As encouraged, I posted them on the BF forums for any member to read (requires BF membership):
https://bitcoinfoundation.org/forum/index.php?/topic/59-grant-proposal-bitcoin-review/
https://bitcoinfoundation.org/forum/index.php?/topic/60-grant-proposal-testnet-faucet-ewallet-and-node/
The first one is for some funds to set up a blog for reviews of various Bitcoin books, papers and the like. I hope to get a few other people on board to present varied opinion on those pieces from different perspectives.
The second one is for upkeep of the TestNet Faucet website I made not so long ago.
Feel free to comment on those proposals on the forum, and if you are not a member of the Bitcoin Foundation yet, there is no day like today to change that ;).
submitted by ThePiachu to Bitcoin [link] [comments]

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