High Low Australia Beginner Binary Option

[ANN][ANDROID MINING][AIRDROP] NewEnglandcoin: Scrypt RandomSpike

New England
New England 6 States Songs: https://www.reddit.com/newengland/comments/er8wxd/new_england_6_states_songs/
NewEnglandcoin
Symbol: NENG
NewEnglandcoin is a clone of Bitcoin using scrypt as a proof-of-work algorithm with enhanced features to protect against 51% attack and decentralize on mining to allow diversified mining rigs across CPUs, GPUs, ASICs and Android phones.
Mining Algorithm: Scrypt with RandomSpike. RandomSpike is 3rd generation of Dynamic Difficulty (DynDiff) algorithm on top of scrypt.
1 minute block targets base difficulty reset: every 1440 blocks subsidy halves in 2.1m blocks (~ 2 to 4 years) 84,000,000,000 total maximum NENG 20000 NENG per block Pre-mine: 1% - reserved for dev fund ICO: None RPCPort: 6376 Port: 6377
NewEnglandcoin has dogecoin like supply at 84 billion maximum NENG. This huge supply insures that NENG is suitable for retail transactions and daily use. The inflation schedule of NengEnglandcoin is actually identical to that of Litecoin. Bitcoin and Litecoin are already proven to be great long term store of value. The Litecoin-like NENG inflation schedule will make NewEnglandcoin ideal for long term investment appreciation as the supply is limited and capped at a fixed number
Bitcoin Fork - Suitable for Home Hobbyists
NewEnglandcoin core wallet continues to maintain version tag of "Satoshi v0.8.7.5" because NewEnglandcoin is very much an exact clone of bitcoin plus some mining feature changes with DynDiff algorithm. NewEnglandcoin is very suitable as lite version of bitcoin for educational purpose on desktop mining, full node running and bitcoin programming using bitcoin-json APIs.
The NewEnglandcoin (NENG) mining algorithm original upgrade ideas were mainly designed for decentralization of mining rigs on scrypt, which is same algo as litecoin/dogecoin. The way it is going now is that NENG is very suitable for bitcoin/litecoin/dogecoin hobbyists who can not , will not spend huge money to run noisy ASIC/GPU mining equipments, but still want to mine NENG at home with quiet simple CPU/GPU or with a cheap ASIC like FutureBit Moonlander 2 USB or Apollo pod on solo mining setup to obtain very decent profitable results. NENG allows bitcoin litecoin hobbyists to experience full node running, solo mining, CPU/GPU/ASIC for a fun experience at home at cheap cost without breaking bank on equipment or electricity.
MIT Free Course - 23 lectures about Bitcoin, Blockchain and Finance (Fall,2018)
https://www.youtube.com/playlist?list=PLUl4u3cNGP63UUkfL0onkxF6MYgVa04Fn
CPU Minable Coin Because of dynamic difficulty algorithm on top of scrypt, NewEnglandcoin is CPU Minable. Users can easily set up full node for mining at Home PC or Mac using our dedicated cheetah software.
Research on the first forked 50 blocks on v1.2.0 core confirmed that ASIC/GPU miners mined 66% of 50 blocks, CPU miners mined the remaining 34%.
NENG v1.4.0 release enabled CPU mining inside android phones.
Youtube Video Tutorial
How to CPU Mine NewEnglandcoin (NENG) in Windows 10 Part 1 https://www.youtube.com/watch?v=sdOoPvAjzlE How to CPU Mine NewEnglandcoin (NENG) in Windows 10 Part 2 https://www.youtube.com/watch?v=nHnRJvJRzZg
How to CPU Mine NewEnglandcoin (NENG) in macOS https://www.youtube.com/watch?v=Zj7NLMeNSOQ
Decentralization and Community Driven NewEnglandcoin is a decentralized coin just like bitcoin. There is no boss on NewEnglandcoin. Nobody nor the dev owns NENG.
We know a coin is worth nothing if there is no backing from community. Therefore, we as dev do not intend to make decision on this coin solely by ourselves. It is our expectation that NewEnglandcoin community will make majority of decisions on direction of this coin from now on. We as dev merely view our-self as coin creater and technical support of this coin while providing NENG a permanent home at ShorelineCrypto Exchange.
Twitter Airdrop
Follow NENG twitter and receive 100,000 NENG on Twitter Airdrop to up to 1000 winners
Graphic Redesign Bounty
Top one award: 90.9 million NENG Top 10 Winners: 500,000 NENG / person Event Timing: March 25, 2019 - Present Event Address: NewEnglandcoin DISCORD at: https://discord.gg/UPeBwgs
Please complete above Twitter Bounty requirement first. Then follow Below Steps to qualify for the Bounty: (1) Required: submit your own designed NENG logo picture in gif, png jpg or any other common graphic file format into DISCORD "bounty-submission" board (2) Optional: submit a second graphic for logo or any other marketing purposes into "bounty-submission" board. (3) Complete below form.
Please limit your submission to no more than two total. Delete any wrongly submitted or undesired graphics in the board. Contact DISCORD u/honglu69#5911 or u/krypton#6139 if you have any issues.
Twitter Airdrop/Graphic Redesign bounty sign up: https://goo.gl/forms/L0vcwmVi8c76cR7m1
Milestones
Roadmap
NENG v1.4.0 Android Mining, randomSpike Evaluation https://github.com/ShorelineCrypto/NewEnglandCoin/releases/download/NENG_2020_Q3_report/NENG_2020_Q3_report.pdf
RandomSpike - NENG core v1.3.0 Hardfork Upgrade Proposal https://github.com/ShorelineCrypto/NewEnglandCoin/releases/download/2020Q1_Report/Scrypt_RandomSpike_NENGv1.3.0_Hardfork_Proposal.pdf
NENG Security, Decentralization & Valuation
https://github.com/ShorelineCrypto/NewEnglandCoin/releases/download/2019Q2_report/NENG_Security_Decentralization_Value.pdf
Whitepaper v1.0 https://github.com/ShorelineCrypto/NewEnglandCoin/releases/download/whitepaper_v1.0/NENG_WhitePaper.pdf
DISCORD https://discord.gg/UPeBwgs
Explorer
http://www.findblocks.com/exploreNENG http://86.100.49.209/exploreNENG http://nengexplorer.mooo.com:3001/
Step by step guide on how to setup an explorer: https://github.com/ShorelineCrypto/nengexplorer
Github https://github.com/ShorelineCrypto/NewEnglandCoin
Wallet
Android with UserLand App (arm64/armhf), Chromebook (x64/arm64/armhf): https://github.com/ShorelineCrypto/NewEnglandCoin/releases/tag/v1.4.0.5
Linux Wallet (Ubuntu/Linux Mint, Debian/MX Linux, Arch/Manjaro, Fedora, openSUSE): https://github.com/ShorelineCrypto/NewEnglandCoin/releases/tag/v1.4.0.3
MacOS Wallet (10.11 El Capitan or higher): https://github.com/ShorelineCrypto/NewEnglandCoin/releases/tag/v1.4.0.2
Android with GNUroot on 32 bits old Phones (alpha release) wallet: https://github.com/ShorelineCrypto/NewEnglandCoin/releases/tag/v1.4.0
Windows wallet: https://github.com/ShorelineCrypto/NewEnglandCoin/releases/tag/v1.3.0.1
addnode ip address for the wallet to sync faster, frequently updated conf file: https://github.com/ShorelineCrypto/cheetah_cpumineblob/mastenewenglandcoin.conf-example
How to Sync Full Node Desktop Wallet https://www.reddit.com/NewEnglandCoin/comments/er6f0q/how_to_sync_full_node_desktop_wallet/
TWITTER https://twitter.com/newenglandcoin
REDDIT https://www.reddit.com/NewEnglandCoin/
Cheetah CPU Miner Software https://github.com/ShorelineCrypto/cheetah_cpuminer
Solo Mining with GPU or ASIC https://bitcointalk.org/index.php?topic=5027091.msg52187727#msg52187727
How to Run Two Full Node in Same Desktop PC https://bitcointalk.org/index.php?topic=5027091.msg53581449#msg53581449
ASIC/GPU Mining Pools Warning to Big ASIC Miners Due to DynDiff Algo on top of Scrypt, solo mining is recommended for ASIC/GPU miners. Further more, even for mining pools, small mining pool will generate better performance than big NENG mining pool because of new algo v1.2.x post hard fork.
The set up configuration of NENG for scrypt pool mining is same as a typical normal scrypt coin. In other word, DynDiff on Scrypt algo is backward compatible with Scrypt algo. Because ASIC/GPU miners rely on CPU miners for smooth blockchain movement, checkout bottom of "Latest News" section for A WARNING to All ASIC miners before you decide to dump big ASIC hash rate into NENG mining.
(1) Original DynDiff Warning: https://bitcointalk.org/index.php?topic=5027091.msg48324708#msg48324708 (2) New Warning on RandomSpike Spike difficulty (244k) introduced in RandomSpike served as roadblocks to instant mining and provide security against 51% attack risk. However, this spike difficulty like a roadblock that makes big ASIC mining less profitable. In case of spike block to be mined, the spike difficulty immediately serve as base difficulty, which will block GPU/ASIC miners effectively and leave CPU cheetah solo miners dominating mining almost 100% until next base difficulty reset.
FindBlocks http://findblocks.com/
CRpool http://crpool.xyz/
Cminors' Pool http://newenglandcoin.cminors-pool.com/
SPOOL https://spools.online/
Exchange
📷
https://shorelinecrypto.com/
Features: anonymous sign up and trading. No restriction or limit on deposit or withdraw.
The trading pairs available: NewEnglandcoin (NENG) / Dogecoin (DOGE)
Trading commission: A round trip trading will incur 0.10% trading fees in average. Fees are paid only on buyer side. buy fee: 0.2% / sell fee: 0% Deposit fees: free for all coins Withdraw fees: ZERO per withdraw. Mining fees are appointed by each coin blockchain. To cover the blockchain mining fees, there is minimum balance per coin per account: * Dogecoin 2 DOGE * NewEnglandcoin 1 NENG
Latest News Aug 30, 2020 - NENG v1.4.0.5 Released for Android/Chromebook Upgrade with armhf, better hardware support https://bitcointalk.org/index.php?topic=5027091.msg55098029#msg55098029
Aug 11, 2020 - NENG v1.4.0.4 Released for Android arm64 Upgrade / Chromebook Support https://bitcointalk.org/index.php?topic=5027091.msg54977437#msg54977437
Jul 30, 2020 - NENG v1.4.0.3 Released for Linux Wallet Upgrade with 8 Distros https://bitcointalk.org/index.php?topic=5027091.msg54898540#msg54898540
Jul 21, 2020 - NENG v1.4.0.2 Released for MacOS Upgrade with Catalina https://bitcointalk.org/index.php?topic=5027091.msg54839522#msg54839522
Jul 19, 2020 - NENG v1.4.0.1 Released for MacOS Wallet Upgrade https://bitcointalk.org/index.php?topic=5027091.msg54830333#msg54830333
Jul 15, 2020 - NENG v1.4.0 Released for Android Mining, Ubuntu 20.04 support https://bitcointalk.org/index.php?topic=5027091.msg54803639#msg54803639
Jul 11, 2020 - NENG v1.4.0 Android Mining, randomSpike Evaluation https://bitcointalk.org/index.php?topic=5027091.msg54777222#msg54777222
Jun 27, 2020 - Pre-Announce: NENG v1.4.0 Proposal for Mobile Miner Upgrade, Android Mining Start in July 2020 https://bitcointalk.org/index.php?topic=5027091.msg54694233#msg54694233
Jun 19, 2020 - Best Practice for Futurebit Moonlander2 USB ASIC on solo mining mode https://bitcointalk.org/index.php?topic=5027091.msg54645726#msg54645726
Mar 15, 2020 - Scrypt RandomSpike - NENG v1.3.0.1 Released for better wallet syncing https://bitcointalk.org/index.php?topic=5027091.msg54030923#msg54030923
Feb 23, 2020 - Scrypt RandomSpike - NENG Core v1.3.0 Relased, Hardfork on Mar 1 https://bitcointalk.org/index.php?topic=5027091.msg53900926#msg53900926
Feb 1, 2020 - Scrypt RandomSpike Proposal Published- NENG 1.3.0 Hardfork https://bitcointalk.org/index.php?topic=5027091.msg53735458#msg53735458
Jan 15, 2020 - NewEnglandcoin Dev Team Expanded with New Kickoff https://bitcointalk.org/index.php?topic=5027091.msg53617358#msg53617358
Jan 12, 2020 - Explanation of Base Diff Reset and Effect of Supply https://www.reddit.com/NewEnglandCoin/comments/envmo1/explanation_of_base_diff_reset_and_effect_of/
Dec 19, 2019 - Shoreline_tradingbot version 1.0 is released https://bitcointalk.org/index.php?topic=5121953.msg53391184#msg53391184
Sept 1, 2019 - NewEnglandcoin (NENG) is Selected as Shoreline Tradingbot First Supported Coin https://bitcointalk.org/index.php?topic=5027091.msg52331201#msg52331201
Aug 15, 2019 - Mining Update on Effect of Base Difficulty Reset, GPU vs ASIC https://bitcointalk.org/index.php?topic=5027091.msg52169572#msg52169572
Jul 7, 2019 - CPU Mining on macOS Mojave is supported under latest Cheetah_Cpuminer Release https://bitcointalk.org/index.php?topic=5027091.msg51745839#msg51745839
Jun 1, 2019 - NENG Fiat project is stopped by Square, Inc https://bitcointalk.org/index.php?topic=5027091.msg51312291#msg51312291
Apr 21, 2019 - NENG Fiat Project is Launched by ShorelineCrypto https://bitcointalk.org/index.php?topic=5027091.msg50714764#msg50714764
Apr 7, 2019 - Announcement of Fiat Project for all U.S. Residents & Mobile Miner Project Initiation https://bitcointalk.org/index.php?topic=5027091.msg50506585#msg50506585
Apr 1, 2019 - Disclosure on Large Buying on NENG at ShorelineCrypto Exchange https://bitcointalk.org/index.php?topic=5027091.msg50417196#msg50417196
Mar 27, 2019 - Disclosure on Large Buying on NENG at ShorelineCrypto Exchange https://bitcointalk.org/index.php?topic=5027091.msg50332097#msg50332097
Mar 17, 2019 - Disclosure on Large Buying on NENG at ShorelineCrypto Exchange https://bitcointalk.org/index.php?topic=5027091.msg50208194#msg50208194
Feb 26, 2019 - Community Project - NewEnglandcoin Graphic Redesign Bounty Initiated https://bitcointalk.org/index.php?topic=5027091.msg49931305#msg49931305
Feb 22, 2019 - Dev Policy on Checkpoints on NewEnglandcoin https://bitcointalk.org/index.php?topic=5027091.msg49875242#msg49875242
Feb 20, 2019 - NewEnglandCoin v1.2.1 Released to Secure the Hard Kork https://bitcointalk.org/index.php?topic=5027091.msg49831059#msg49831059
Feb 11, 2019 - NewEnglandCoin v1.2.0 Released, Anti-51% Attack, Anti-instant Mining after Hard Fork https://bitcointalk.org/index.php?topic=5027091.msg49685389#msg49685389
Jan 13, 2019 - Cheetah_CpuMiner added support for CPU Mining on Mac https://bitcointalk.org/index.php?topic=5027091.msg49218760#msg49218760
Jan 12, 2019 - NENG Core v1.1.2 Released to support MacOS OSX Wallet https://bitcointalk.org/index.php?topic=5027091.msg49202088#msg49202088
Jan 2, 2019 - Cheetah_Cpuminer v1.1.0 is released for both Linux and Windows https://bitcointalk.org/index.php?topic=5027091.msg49004345#msg49004345
Dec 31, 2018 - Technical Whitepaper is Released https://bitcointalk.org/index.php?topic=5027091.msg48990334#msg48990334
Dec 28, 2018 - Cheetah_Cpuminer v1.0.0 is released for Linux https://bitcointalk.org/index.php?topic=5027091.msg48935135#msg48935135
Update on Dec 14, 2018 - NENG Blockchain Stuck Issue https://bitcointalk.org/index.php?topic=5027091.msg48668375#msg48668375
Nov 27, 2018 - Exclusive for PC CPU Miners - How to Steal a Block from ASIC Miners https://bitcointalk.org/index.php?topic=5027091.msg48258465#msg48258465
Nov 28, 2018 - How to CPU Mine a NENG block with window/linux PC https://bitcointalk.org/index.php?topic=5027091.msg48298311#msg48298311
Nov 29, 2018 - A Warning to ASIC Miners https://bitcointalk.org/index.php?topic=5027091.msg48324708#msg48324708
Disclosure: Dev Team Came from ShorelineCrypto, a US based Informatics Service Business offering Fee for service for Coin Creation, Coin Exchange Listing, Blockchain Consulting, etc.
submitted by honglu69 to NewEnglandCoin [link] [comments]

Week 48; Experts in authoritarianism advise to keep a list of things subtly changing around you, so you’ll remember.

The humanitarian crisis in Puerto Rico worsened with the inadequate response by the federal government. Amid criticism, Trump threatened to pull out, but later backed off. Although the death count officially stands at 45, reporting revealed possibly hundreds more preventable deaths related to the Hurricane Maria.
Trump remains silent on both California’s deadliest wildfires and the deadliest combat incident since he took office. He continues to focus on undoing Obama’s legacy, piece-by-piece. The Mueller investigation hit Trump’s inner-circle, and social media’s role in aiding Russia continues to unfold.
  1. On Saturday night, Richard Spencer led another white supremacist torch-lit rally at University of Virginia. The rally lasted 10 minutes and 40-50 people attended. Spencer vowed, “we will keep coming back.”
  2. On Sunday, Trump attacked former ally Sen. Bob Corker in a series of incendiary tweets, saying “Corker “begged” me to endorse him for re-election” and “wanted to be Secretary of State.” Trump claimed to have said no to both.
  3. Corker responded, tweeting it’s a shame the WH has become an “adult day care center,” and that someone “missed their shift this morning.”
  4. On Sunday, Pence left a Colts game after a protest during the national anthem. Pence later issued a full statement opposing the protests. The Colts were playing the 49ers, a team known to protest.
  5. Before the game, Pence tweeted a photo of him and the Second Lady wearing Colts gear. The photo was one he originally tweeted in 2014.
  6. Shortly after, Trump tweeted he had asked Pence to leave the game “if any players kneeled,” and said he was proud of Pence and the Second Lady.
  7. The pool of journalists covering Pence were not allowed into the stadium, and were told, “there may be an early departure from the game.” ABC estimated Pence’s flight cost taxpayers nearly $250k.
  8. Bowing to pressure from Trump, the Cowboys’ Jerry Jones, after kneeling with players in week 3 of the season, changed course saying any player who “disrespects the flag” by kneeling will not be allowed to play.
  9. On Tuesday, Trump threatened the NFL over protests saying the league is “getting massive tax breaks” and the law should be changed. This claim is false: the NFL gave up its 501(c)(6) tax-exempt status in 2015.
  10. On Tuesday, bowing to pressure from Trump and fans, NFL Commissioner Roger Goodell, who previously had said players had the right to voice their opinions, sided with owners opposed to letting players demonstrate.
  11. On Monday, Pence headlined a fundraiser in CA for Republicans including controversial, Kremlin-ally Rep. Dana Rohrabacher. Rohrabacher had a previously undisclosed meeting in Russia with Veselnitskaya described in Week 47.
  12. University of Wisconsin approved a policy which calls for suspending or expelling students who disrupt campus speeches and presentations. The policy mirrors Republican legislation passed by the state Assembly.
  13. On Columbus Day, unlike Obama, Trump celebrated the “arrival of Europeans,” but did not mention of the suffering of Native Americans.
  14. On Sunday, the Trump’s DHS allowed the Jones Act waiver, which helped speed relief to Puerto Rico, to expire. No explanation was given.
  15. Trump’s EPA announced it would repeal the Clean Power Plan, Obama’s signature policy to curb greenhouse gas emissions from power plants. The statement described the regulation as the “so-called Clean Power Plan.”
  16. On Friday, Trump addressed the Value Voters Summit hosted by the Family Research Council, which has been classified by SPLC as an anti-gay hate group. Trump is the first US leader to address the group.
  17. Reuters reported the Trump regime has been quietly cutting support for halfway houses for federal prisoners, severing contracts with as many as 16 facilities, necessitating some inmates stay behind bars longer.
  18. ABC reported the Treasury Dept’s inspector general is looking into allegations reported by BuzzFeed in Week 47 that agency officials have been illegally looking at private financial records of US citizens.
  19. A report compiled by the Government Accountability Office (GAO) at House and Senate Democrats’ request, found the Trump transition team ignored ethics officials and refused to cooperate with the GAO.
  20. Trump named Kathleen Hartnett White to the WH’s Council on Environmental Quality. Hartnett White, a climate science denier, once also said, “fossil fuels dissolved the economic justification for slavery.”
  21. In response to a filing by CREW, Trump’s DOJ told a court in DC that Trump can destroy records without judicial review, including tweets.
  22. Brian Brooks became the second candidate under consideration for deputy Treasury Secretary to withdraw from consideration. Mnuchin said he has no plans to fill the number two slot in his agency.
  23. WAPO reported at the Interior Dept, when Zinke enters the building a staffer takes the elevator to the seventh floor, climbs the stairs to the roof and puts up a special flag. The flag comes down when he leaves.
  24. On Wednesday, NBC reported Tillerson calling Trump a “moron” was provoked by Trump suggesting a tenfold increase in the US nuclear arsenal during a July 20 meeting with the high-ranking national security leaders.
  25. In response to the story which he called “Fake News,” Trump tweeted a threat to revoke the broadcasting licenses of “NBC and the Networks.”
  26. Later that afternoon, at a news conference, Trump again lashed out at the independent news media saying it’s “frankly disgusting the press is able to write whatever it wants to write.”
  27. In a statement Wednesday night, Republican Sen. Ben Sasse asked Trump if he was “recanting” his oath to protect the First Amendment.
  28. Indiana Republican lawmaker Jim Lucas drafted a bill that would require professional journalists to be licensed by state police.
  29. Under pressure to confirm Trump’s judicial nominees, McConnell will no longer allow “blue slips,” used by senators to deny a nominee from their state a Senate Judiciary Committee hearing and vote on confirmation.
  30. The Trump regime withdrew from United Nations Educational, Scientific and Cultural Organization (UNESCO), citing anti-Israel bias and a being in arrears on a $550 million payment. Israel remains part of UNESCO.
  31. NYT published an interview with Corker in which he said Trump is treating his office like a “reality show” with reckless threats at other country that could put our country “on the path to World War III.”
  32. Corker said he is concerned about Trump, and Trump’s behavior should concern “anyone who cares about our nation.” He added there is no ‘good cop, bad cop’ underway with Tillerson — Trump is undermining diplomacy.
  33. Corker said nearly all Senate Republican share his concerns: “the vast majority of our caucus understands what we’re dealing with here.”
  34. WAPO reported Trump is frustrated by his cabinet and that he is not getting enough credit for his handling of three hurricanes. Trump is lashing out and rupturing alliances with both Republicans and Democrats.
  35. One confidant said Trump is like a whistling teapot, saying when he does not blow off steam, he can turn into a pressure cooker and explode: “I think we are in pressure cooker territory.”
  36. Politico quoted 10 sources current and former WH aides who employed strategies like delays and distractions as “guardrails” in trying to manage Trump’s impulsivity.
  37. Vanity Fair reported sources say Trump is “unstable,” “losing a step,” and “unraveling.” They say the WH is in crisis as advisers struggle to contain Trump who is increasingly unfocused and consumed by dark moods.
  38. Trump allegedly told his former bodyguard Schiller, “I hate everyone in the White House!” Kelly is allegedly miserable in the job, and is staying on in a sense of duty and to keep Trump from making disastrous decisions.
  39. One former official speculated Kelly and Mattis have discussed what they would do if Trump ordered a nuclear strike — “would they tackle him?”
  40. According to sources, Bannon said the risk to Trump’s presidency wasn’t impeachment, but the 25th Amendment. Bannon thinks Trump has only a 30% chance of making it the full term.
  41. In a column “What Bob Corker Sees in Trump,” conservative columnist Peggy Noonan urged Republicans they have a duty to speak on the record about what they see happening with Trump.
  42. On Thursday, at a signing ceremony for his health care executive order, Trump nearly walked out of the room without signing the order. Pence pulled him back in.
  43. On Tuesday, Trump said in an interview with Forbes that he could beat Tillerson in an IQ test. Trump met with Tillerson later that day at the WH.
  44. On Friday, Corker called out Trump for his effort to disempower Tillerson saying: “You cannot publicly castrate your own secretary of state without giving yourself that binary choice.”
  45. CNN’s Fareed Zakaria said, “It’s very clear now that we essentially have no diplomacy going on in the United States,” adding the way Trump has treated Tillerson is “the most dramatic example of it.”
  46. On CBS’s 60 Minutes, Parscale claimed he fine-tuned ads on Facebook to directly reach voters with the exact messages they cared most about. He also claimed he handpicked Republican Facebook employees to help.
  47. Daily Beast reported the Kremlin recruited two black video bloggers, Williams and Kalvin Johnson, to produce incendiary YouTube videos calling Hillary a racist. The videos were spread on social media platforms.
  48. WAPO reported Google has uncovered evidence about $100k of ads purchased by Russian agents to spread disinformation on across the company’s many products, including YouTube, during the 2016 election.
  49. Google said the ads do not appear to be from the same Kremlin-linked troll farm that bought ads on Facebook. Some ads touted Trump, Bernie Sanders, and Jill Stein, while others aimed to fan the flames of divisive issues.
  50. Rep. Devin Nunes, who recused himself as Chair of the House Intel Committee’s Russia probe, unilaterally signed off on subpoenas to Fusion GPS, the research firm that produced the Steele dossier. Democrats were not consulted.
  51. Reuters reported Chuck Grassley, the Republican chair of the Senate Judiciary Committee, is also taking steps to discredit the dossier according to Democrats on the committee.
  52. Carter Page told the Senate Intel Committee that he will not cooperate with any requests to appear before the panel on Russia, and will plead the Fifth.
  53. Daily Beast reported the House Permanent Select Committee on Intelligence is looking at Cambridge Analytica’s work from the Trump campaign as part of its Russian probe.
  54. Cambridge Analytica, which has ownership ties to the Mercers and Bannon, was brought in to help the campaign by Kushner. The company is also under investigation in the UK watchdog for its role in Brexit.
  55. NYT reported Israel caught Kaspersky Lab working with the Russian government to search the world for US secrets, using Kaspersky software to scan for classified words. Kaspersky software is used by 400 million people.
  56. WSJ reported that Russia’s use of the Kaspersky program to spy on the US is broader and more pervasive than the operation against one individual in Week 47. Trump continues to deny Russian meddling in the US election.
  57. Politico reported as part their posture to cooperate, Trump’s attorneys may offer Mueller a meeting with Trump. If Mueller doesn’t ask by Thanksgiving, attorneys may force the issue by volunteering his time.
  58. Legal experts were surprised by Trump’s lawyers strategy noting Trump would be speaking under oath and he routinely distorts facts, and that Trump would be interviewed in connection with a criminal investigation.
  59. CNN reported Russian operatives used YouTube, Tumblr, and even Pokémon Go as part of their effort to interfere in the election, using a campaign titled “Don’t Shoot Us” to spread a divisive message.
  60. NBC reported Manafort had a previously undisclosed $26 million loan from Deripaska through a series of transactions. It is unclear if the $26 million is a loan or an indirect payment from the Russian oligarch.
  61. The loan brings the total financial relationship between Manafort and Deripaska to $60 million over the past decade, according to financial documents filed in Cyprus and the Cayman Islands.
  62. Manafort’s spokesman, Jason Maloni, initially responded to NBC with a statement including: “Mr. Manafort is not indebted to former clients today, nor was he at the time he began working for the Trump campaign.”
  63. Maloni’s statement was later revised and that sentence was removed. Both Manafort and Maloni have received subpoenas to supply documents and testimony in the Mueller probe.
  64. Yahoo reported Andrew Feinberg, former correspondent for Sputnik, provided a guide and emails to FBI investigators looking into possible violations of the law which requires agents of foreign nations to register with the DOJ.
  65. Further, the Senate Select Committee on Intelligence is investigating RT and Sputnik as possible parts of the Russian state-run propaganda machine in the broader probe into Russia’s election meddling.
  66. On Friday, Mueller’s team interviewed Trump’s former chief of staff, Priebus. Priebus’ lawyer said he voluntarily met with investigators and “was happy to answer all of their questions.”
  67. Priebus was present during Trump’s efforts to limit the Russia probe, and for discussions that led to the firing of Comey. He was also asked to leave the Oval Office before the infamous Trump-Comey conversation.
  68. Politico reported Twitter deleted tweets and other user data of potentially irreplaceable value to investigators in the Russia probe.
  69. Federal investigators believe Twitter was one of Russia’s most potent weapons. Bots and fake accounts launched recurring waves of pro-Trump, anti-Clinton story lines that were either false or greatly exaggerated.
  70. AP reported Twitter has turned over 201 accounts linked to Russian attempts at influencing the 2016 election to Senate investigators. It is unclear if the posts associated with these accounts have been deleted.
  71. CNN reported an attorney for Roger Stone said he has complied with the House Intel Committee request to provide the identity of his intermediary to WikiLeaks’ Assange.
  72. WSJ reported Congressional investigators are homing in on connections between the Trump campaign, and Facebook, and Twitter. Digital director Parscale was paid $88 million during the campaign, the highest paid vendor.
  73. Every vendor that worked with Parscale on the Trump campaign signed a nondisclosure agreement, and there are no federal disclosure requirements for online ads.
  74. Both Congress and Mueller are investigating the role activity on Facebook and Twitter played in the 2016 election, and whether the Russian social-media activity was in any connected to the Trump campaign.
  75. A Morning Consult poll found Trump’s approval has fallen in every state since he took office. The swings were as high as 30 percentage points in blue-states IL and CA, to 11 points in red-state LA.
  76. A Reuters/Ipsos poll found Trump’s popularity is eroding in small towns and rural communities: in September 47 approve/47 disapprove, down from 55/39 in his first four weeks in office.
  77. WAPO reported as of October 10, Trump’s first 263 days in office, he has made 1,318 false or misleading claims.
  78. The Brookings Institute released a 108-page report which concluded Trump “likely obstructed justice” in his firing of Comey. If Mueller agrees, there are legitimate articles of impeachment that could be drawn up.
  79. In a letter to Mattis, over 100 Democrats are demanding proof that Trump did indeed consult with the Pentagon as he claimed in a tweet, prior to announcing his ban of transgender individuals from military service.
  80. A Kaiser Foundation poll found 62% of Americans say Puerto Ricans aren’t getting the help they need. 76% were aware Puerto Ricans are US citizens.
  81. On Thursday, in a series of tweets, Trump threatened to abandon Puerto Rico’s recovery effort, blaming the island for its infrastructure problems and saying and relief workers would not stay “in P.R. forever.”
  82. The tweets follow harsh criticism from Puerto Rico of the Trump regime’s response to Hurricane Maria. One Puerto Rican said, “He doesn’t think of us as Americans.”
  83. Trump also quoted a Sharyl Attkisson, a television journalist with Sinclair Broadcasting, in saying that while Puerto Rico survived Hurricane Maria, now “a financial crisis looms largely of their own making.”
  84. Later Thursday, the WH issued a statement committing “the full force of the U.S. government” for now, but adding “successful recoveries do not last forever.”
  85. At a House Energy and Commerce hearing about efforts to rebuild the island’s energy grid, Sec. Rick Perry referred to Puerto Rico as a country.
  86. Next day, Trump referred to the Virgin Islands’ governor as a president.
  87. VOX reported although the official death count in Puerto Rico is 45, they found 81 death linked to Hurricane Maria, as well as 450 more reported deaths, most of causes still unknown, and 69 still missing.
  88. Puerto Rico’s governor said four deaths are being investigated as cases of leptospirosis, a disease spread by animals’ urine through contaminated water. A total of ten people have come down with the disease.
  89. Rachel Maddow reported a doctor resigned from the disaster response team in Puerto Rico after seeing medical workers getting manicures and pedicures from residents of the island in medical triage tents.
  90. NYT reported on Puerto Rico’s health care is in dire condition, and continues to suffer from mismanagement. The US Comfort ship with 800 medical personnel which can serve 250, has seen 82 patients in six days.
  91. CNN reported Puerto Ricans are drinking water from a hazardous-waste site, having no other options for water.
  92. A Politico/Morning Consult poll found just 32% of registered voters think the federal government has done enough to help Puerto Rico.
  93. Bloomberg revealed one of its reporters was inadvertently put on the Pentagon’s internal email list which detailed how to spin Hurricane Maria to convince the public that the government response was going well.
  94. On Thursday, Trump also signed an executive order ending Obamacare subsidies for the poor. Not paying the subsidies could boost premiums for millions and send the health insurance exchanges into turmoil.
  95. NPR estimated consumers who earn 400% of the federal poverty level — $48k for individuals or $98.4k for a family of four — will see their the cost of their plans rise by, on average, 20% nationwide.
  96. Doctors, hospitals, insurers, state insurance commissioners and patient advocates denounced Trump’s move. Trump actions puts pressure on Congress to protect consumers from soaring premiums.
  97. WSJ reported if Congress doesn’t succeed, WH aides said Trump “will claim victory” for ending the Iran deal, cutting billions in payments to health insurers, and deporting hundreds of thousands of immigrants.
  98. On Friday, a coalition of attorneys general from 18 states and DC filed a lawsuit to block Trump’s halt to subsidy payments under Obamacare.
  99. NYT reported as of Friday, Trump has taken 12 actions which could weaken Obamacare and curtail enrollment, including spreading negative news releases and posting infographics criticizing the health law.
  100. On Saturday, Trump boasted on Twitter that health insurance companies’ stocks “plunged yesterday” after his steps to dismantle Obamacare.
  101. A Kaiser Health poll found 71% of Americans say the Trump regime should work to improve Obamacare, while just 21% say make it fail.
  102. On Friday, Trump slammed Iran as a “menace” and called for “decertification” of the nuclear deal, Joint Comprehensive Plan of Action (JCPoA), saying Iran is “not living up to the spirit of the deal.”
  103. Trump sent the deal back to Congress with a 60-day window to address its “many serious flaws” or see it “terminated.”
  104. Top officials on Trump’s national security team, including Mattis and Tillerson, said Iran has technically complied with its restrictions. The International Atomic Energy Association also confirmed compliance.
  105. Daily Beast reported while McMaster also wanted to save the Iran Deal, Trump consulted Fox News’ Sean Hannity and former UN Ambassador John Bolton, two neoconservatives who pushed for decertification.
  106. The leaders of Britain, Germany and France declared their commitment to stand by JCPoA. They deal was the culmination of 16 years of diplomacy.
  107. After being added to Trump’s travel ban, Chad pulled its troops from the fight against Boko Haram in Niger. US officials had warned Trump his decision would have major consequences for the fight against terrorism.
  108. California’s deadliest wildfires charred more than 221,754 acres of land in Northern CA, and left at least 35 dead and hundreds more missing. Trump has yet to publicly comment or tweet about the wildfires.
  109. Nor has Trump publicly commented on the deadliest combat incident since he took office, which took place in Niger last Saturday while Trump was golfing. The ambush by ISIS left four soldiers dead and two wounded.
  110. As the week ended, 24 days after Hurricane Maria, just 64% of Puerto Ricans had access to drinking water, and only 14.6% had electricity.
  111. Trump spent his fourth weekend since Hurricane Maria golfing. On Saturday, he visited Trump National Golf Club in VA, his 72nd day of golf since taking office.
submitted by 1000000students to TheConstitution [link] [comments]

Mining Express: Safe Cryptocurrency Cloud Mining Contracts?

If you are interested in mining cryptocurrency without the need to purchase expensive equipment, then cloud mining options are among the best option for you. With cloud mining, you get to buy hash power which allows the mining platform to rent the equipment through service fees and pay you a profit. Here’s one such platform to let you mine cryptocurrency yourself.
What Is Mining Express?
Mining Express is a cloud mining platform that lets the user choose considerable rates at which they can mine altcoins in the cloud and generate them periodically. The investment aims to give individuals and businesses an alternative to owning equipment needed for mining cryptocurrency sand diversify their investment.
How Mining Express Cryptocurrency Cloud Mining Contracts Works
Mining Express will work under the following portal that provides the foundation for its services:
Beginner
Standard
Professional
Master
Mining Express Benefits
Mining Express offers the following apparent bonuses to its subscribers:
Mining Express Possible Risks
As with most crypto mining services, there always lies the underlying issues of turning into scams and Mining Express is no stranger to this situations. Here are the possible signs it could be a scam:
Mining Express Conclusion
With the growing hunger for cryptocurrency within the business world, cloud mining operations become fast accessible, and this is quickly changing into a scam playground. Unfortunately, Mining Express is one such example judging from the claims of substantial daily payouts for their mining contracts. However, the ultimate decision lies with the investors, but it remains highly advisable to stay extremely cautious before taking the step to purchase apparent hash power from shady sites.
submitted by SwitchKanun to hashflareinfo [link] [comments]

The Least Bad Option

As a DAO token holder, when I first heard that the DAO had been hacked I thought all the money was permanently gone. That was a bad feeling I felt not just for myself, but for the entire Ethereum community and the hope and promise of The DAO.
When I heard there was a time lock, and soft and hard fork options to fix the problem, the pendulum swung the other way and I once again became overly confident in the tech, and falsely concluded there would be a painless 'fix.' However, thanks to the good work of Emin Gun Sirer, I realized just how many unexplored issues there actually were – technical, legal, social, governanace related, etc. I have posted his thoughts from his NY Meetup PPT below, and would encourage everyone to take a quick look them.
We were talking about this in our Portland Ethereum meetup, and let's face it, mistakes were made by Slock.it, AND Solidity was not tested enough and ready for roll out, and we all made a mistake rushing ahead. We are all responsible for this mess. We all need to realize there are no good options here. But, if we can work together to find a distributed solution where we all share some of the pain, and come to an agreement collectively, that would be the least bad option.
I first was attracted to the soft fork, but the more I learned about it, I realized it was temporary, would take extraordinary measures and cooperation from miners, which is not their original agreement and not what they signed up to do, and then it would only lock up the tokens, not recover them. Then the hacker joined the white hat draining of the DAO, which suddenly seemed like an endless loop, until we would further have to select white hats who would be allowed to transfer the tokens but nobody else would. It seemed to be a rabbit hole that became more temporary, and more convoluted, requiring an increasing number of actions that violated our core principles the further we pursued it. All of this is bad for the Ethereum Foundation and the future of the Ethereum. The idea of the soft fork quickly appeared a good temporary but bad intermediate and horrible long run option.
I then felt that a hard fork was the only solution, but honestly that was strongly influenced by the idea that a hacker stealing $50m is bad short run, and it's bad long run, so the worst option.
I have been involved with Ethereum for about a year, and must admit I did not come from the Bitcoin community, but from the currency mechanics and payments community, and was originally intrigued only by what might be possible using smart contracts, so that’s what I want to protect, and the real long run value for me. When I spoke with my technical friends who had come from the Bitcoin community, they really, really did not like the hard fork, and felt it would be better to let the hacker walk. I listened to them carefully, and changed my mind.
I also realized that for most people in our community, either hard forking or letting the hacker walk was the worst option, with the other being the second worst option, and soft fork being the third worst option.
From game theory and life, I have learned the longer this goes on, and the closer it gets to the time lock expiring, the higher probability for additional unexpected bad outcomes, unforeseen forks in the road, which I am sure the hacker is working furiously on. The quicker this is resolved, the better for everyone, maybe even the hacker. The soft fork should not lull us into complacency, but be a temporary measure of days and weeks, not longer.
Ultimately, I realized the least bad option is to setup a binary outcome, where we agree to either pay a bounty to the hacker by a specific date, or if he is unreasonable, then go ahead and implement a hard fork. If it doesn't work, at least we tried, and I think the effort will count for something in the long run.
As long as this decision happens before the time lock expires, the hacker knows a hard fork has been agreed to and is definitely coming, and the decision date is firm, the hacker's best outcome is to accept the bounty in exchange for releasing the rest of the ETH. Maybe the hacker would prefer to force the community into a hard fork due to antisocial or anti-Ethereum motives, but money is a powerful motivator. I know, people will not like negotiating or appeasing a hacker, but if we take responsibility collectively for this problem, our problem, that we all created, then this is the least bad solution, for the following reasons:
  1. It avoids the worst (or second worst) option of a hard fork.
  2. It avoids the second worst (or worst) option of the hacker walking away with $50m ETH.
  3. It makes everyone pay a price, so avoids in some measure the moral dilemma problem.
  4. It's the only negotiated solution, which can’t be understated how valuable and important that could be for our leaderless community.
  5. It protects the Ethereum foundation and the miners from having to violate core principles to save slock.it's bad coding, or from being tempted to collude with the hacker.
  6. Paying for bounties is part of the software ecosystem, and although the number is big in real terms, it's still just a number.
  7. It solves the problem quickly, and as cleanly as possible. Again, there are no good options.
The key to negotiating is not focusing on what the hacker gets, which in this case will just make you frustrated and angry, but rather focus on what the community gets, the least bad option that maybe prevents the community from splitting into two camps. That alone is maybe the most important thing to me personally, and to others I know. Ethereum is still young, and as a community we have important challenges ahead; let’s put this behind us with minimal damage ASAP. That’s what taking responsibility collectively in practice really means.
If you agree, then we simply need to set a price. I think I read someone else had proposed 5%, which is a relatively painless learning lesson for each of us individually, but a sizable and potentially life changing bounty for the hacker(s). Remember, it won't work unless the incentive to play nice is substantial.
We have all had time to think about this and mull over the options, but now we need to find the will to come together and create a solution, the least bad solution. I say pay the bounty in exchange for returning the DAO tokens, kill the DAO 1.0, and be done with it.
What say you?
Gaming the DAO Emin Gün Sirer Department of Computer Science Cornell University Posted with permission. Thx Emin!
DACs • Decentralized Autonomous Corporations/Orgs are incredibly powerful and promising • A computer program, with its own code and state, that can programmatically manage money flows • The entire behavior of the program is pre-ordained • Brand new era, with brand new functionality
DAO Promise • Automate and eliminate the middlemen • Achieve far higher efficiencies o A hedge fund with 0% overhead? • Self-policing and/or self-arbitrating o Can’t eliminate the legal system, but can handle simple cases • Bring complete transparency to the operation of a company or trust o Insurance o Finance • Killer apps are yet to come...
DAO Unknowns Is it actually possible to build secure, functional smart-contracts? • What about the fine print you see on regular contracts? • What’s in the fine print? • How to form the contract covenant The spirit of the agreement How to resolve disputes • How to modify the contract • How to terminate The DAO, as we will see, messed up almost all of these
Enter The DAO • Usurped the phrase “The DAO” for a specific investment fund • Part kickstarter, part Andreesen-Horowitz o Built by Slock.It, a company originally intended to kickstart an IoT bike lock, but built a kickstarter instead • How it is supposed to work o We all buy into The DAO with ether o The DAO amasses a fund o Contractors come before The DAO with proposals o We all vote on the proposals o If we achieve a quorum, and there is support, proposals get funded o Proposals then return rewards, distributed back out
The DAO Complications • Buying in • Voting • Exiting • Modifying the Contract • Payouts
The DAO Buy-In • 27-day creation phase • Buy in with ether o 1.00 ether for 100 DAO Tokens for 14 days o +0.05 ether every day for 10 days o 1.50 ether for the last 3 days • Additional gains accumulate in “extraBalance” • Why is there a rising scale? • Do “viral features” have any place in sound investments?
The DAO Proposals • Anyone can submit a proposal • Curators pick proposals o Requires a 5 out of 11 signature o 11 members of the Ethereum community, unrelated to SlockIt • The curators’ job description is unclear o Is it to just check identity? o Is it to “protect the DAO”? o The curators are not paid, but they are under substantial legal risk The Voting • Any DAO token holder can vote on a proposal • A proposal is funded if o There is a quorum (sufficient votes) o The majority of the quorum is in favor (voted YES) • Required quorum sizes vary by size of contract o Largest required quorum is 53% • Votes are weighted by a voter’s holdings • But a voter commits The DAO funds (i.e other people’s money) to proposals • Someone who voted cannot exit The DAO
The Exit • Cannot just take money out of The DAO o Why? Because of viral/social reasons • To exit, you need to follow a 62-step process: o Initiate a proposal to make yourself a curator o Anyone can vote YES or NO on this proposal o It will likely fail o You can call splitDAO on a failed proposal o A new child-DAO will be created where you are the curator o You can now propose to withdraw funds, approve it as curator, vote on it, and then take the ether back out • Takes 27+7 days • Takes 27 + 7 days
Upgrades and Rewards • There is no provision to modify The DAO in place o o No kill switch o No security upgrades o Cannot preserve the full state and change code • The extraBalances can only be spent after The DAO has spent an equivalent amount on proposals • Unclear about the intended behavior with regard to • rewards o Inherited into childDAO’s, but not into grandchildren
The DAO Token Markets • DAO tokens can be bought and sold on open markets • Their price will reflect the expected value of future ether flows • Until The DAO funds a proposal, 1 token = 0.01 eth • But in USD terms, the price will fluctuate • The price difference will reflect the uncertainty in the • value of 1 eth, 34 days from now o o E.g. 1 eth = $15 o But 1 dao = $13 • This is a normal consequence of decisions in DAO design
Taking Stock • Why was The DAO designed the way it was? o To avoid legal meddling? o To help fund illegal operations? o To create Ponzis? o “Sunny-day thinking” • Aspirational system design • Does The DAO idea even make sense?
The Questions • Are the crowds even able to pick winning strategies? o Do fund managers really bring 0 value to the world? • Will we ever reach the quorums required? o Most token holders are passive o The risks of “going with the crowd” without voting • Are the mechanisms in The DAO suited for the tasks that need to be carried out?
The Questions • Are the crowds even able to pick winning strategies? o Do fund managers really bring 0 value to the world? • Will we ever reach the quorums required? o Most token holders are passive o The risks of “going with the crowd” without voting • Are the mechanisms in The DAO suited for the tasks that need to be carried out? NO!
The Call for a Moratorium • My colleagues and I were alarmed that The DAO managed to collect 11M eth, $220M USD • The internal mechanisms were broken • We rushed a manuscript that detailed the failures, called for a moratorium • The DAO community was convinced and wanted to upgrade The DAO
The Hack • While we were in a holding pattern, someone emptied out a substantial fraction of The DAO • The hacker took $50+M worth of ether into a child-DAO called the Dark-DAO • Hacker took advantage of multiple attack vectors o A reentrancy bug in the DAO code o Additional tricks to avoid getting his balance reset o He also voted YES on every other split proposal, to reserve the right to pursue everyone who wanted to split • Hide your kids, hide your pets, there is no safe place
The Hack Technicalities
What If The DAO Had Not Been Hacked • It still would have been hacked • It was and is deeply broken • The design of voting mechanisms that capture the will of the crowds is a difficult nuanced task • Everybody on the Internet is an expert at three things: o Economics o Game theory o Distributed Systems • The DAO team, and others like it, full of hubris and the Dunning-Kruger effect, are easy targets
Guiding Principle • DAO-1.0 is irredeemably broken, but let’s examine how one might build DAO-2.0 in light of what we have learned • The DAO voting mechanisms have to be truthful and strategy-proof o Truthful: token holders vote their true opinion o Strategy-proof: token holders fare best by voting their true opinion • The current mechanisms are broken in multiple ways
Affirmative Bias • Every voter has a unique valuation for every proposal o o “Prop #37 will bring in 3% yearly over 3 years” o “Prop #37 will be a net loss, that team can’t pull it off” o “Prop #37 will take us to the moon!” • Ideally, you want everyone to vote their conscience o Positive Expected Value: +EV o Negative Expected Value: -EV • +EV folks are incentivized to vote early • Not so for -EV!!! o Negative votes lock people in • Early votes will be positive, feedback loops work against -EV folks
Stalking • A stalker can vote YES on a split proposal and follow a splitter into the child-DAO • Stalker is not going to be the curator, but he can be the dominant (53%) shareholder in the child • Stalker can keep the splitter from taking out his funds • Stalker can then blackmail the splitter • If the splitter splits again, he loses his rewards from the original DAO • SlockIt claimed that the splitter could counterattack, but do you want to play corewars?
Ambush • A -EV voter has a disincentive to vote, especially if his vote is not needed • So a big bloc of YES votes can come in at the last possible minute to pass a proposal that initially looked unpassable • This commits other people’s funds to a proposal, even though large fraction is against that proposal • Possible remedy: add time to the clock when the vote outcome changes
Token Raid • An attacker can move the price of DAO tokens by o Incentivize people not to split but to sell their tokens o Keep the public from snapping up tokens • She can do this by o Creating social media panic, via stalker attack o Passing a -EV proposal, via ambush attack • The price of tokens will drop, she can short on the way down, and snap up when the attack is over • This is a legitimate manipulation strategy, often seen with penny stocks, except the mechanisms make it easy
extraBalance Raid • Attacker forces people to split from The DAO, which leaves behind the extraBalance amount • Currently at 275,000 ether • DAO tokens should trade at 1.02 • If the attacker scares away 95% of investors, DAO will trade at 2.00
Majority Takeover • SlockIt identified and worried about a majority takeover • A voting bloc of 53+% can fund 100% to a 1 proposal • Curators are expected to guard against this o This scenario is specifically cited • But a voting bloc of 53+% can fund 10 proposals of 10% • No principled way to even define the attack, let alone defend against it o DAO defenseless against Soros-style attacks
Reward Dilution • The DAO issues reward tokens as proposals pay back into the DAO • Akin to dividends • But the reward token math does not follow any accounting principle • In particular, reward tokens can be diluted even after someone has split off from the DAO
Risk-Free Voting • One of the many “race conditions” • Investor votes YES on a proposal, committing funds • Then invokes “unblockMe” before the proposal is executed, and splits off • This allows her to commit the DAO to a proposal without committing her own funds • An attack amplification vector
Concurrent Proposal Trap • Voting on any proposal commits the voter until the end of the voting period • Attacker poses a proposal o We have seen “do you believe in God?” for 0 ether • Everyone who votes is banned from splitting until the end of the voting period • Attack amplification vector: push an incendiary proposal with a long voting period, then launch short-fuse attack
Independence Assumption • All of the discussion until now assumes that all proposals are independent • Yet in real life, proposals are linked o Funding a cluster of proposals might yield much higher returns than funding them individually • Not an attack, but undesirable • This can yield strategic behavior (i.e. people voting down worthy proposals) even when everyone means well
What Have We Learned • The DAO is a fantastic experiment • The experiment has been a huge success • Enormous demand for smart contracts • The Ethereum core has some (well-contained) issues that need to be fixed o The design of a secure smart-contract language is very different from the design of a web-programming language • The DAO is a hot mess
Methodological Issues • Why was The DAO designed the way it was? o To avoid legal meddling? o To help fund illegal operations? o To create Ponzis? • Carefully thought-out viral features • Common behaviors were purposefully made difficult • “Sunny-day thinking,” aspirational ideas about best case behaviors • Irresponsible design, no safety mechanisms • Flawed methodology
Takeaways • Can we build a $1.2B ecosystem, while spending $0 on basic research and science of smart contracts? • How do we build and vet trustworthy smart contracts?
IC3, Initiative on Cryptocurrencies and Smart Contracts http://initc3.org
submitted by wunderwood11 to ethereum [link] [comments]

Toroption Scam - Do Not Invest!

My name is Omar and I have made an “investment” With TorOption.com in the hope to better my life and I have been scammed, here is my story:
I came across TorOption through social media (Facebook to be exact) and was interested in making some extra cash on the side, I did not know much about Binary Options nor Trading for that matter, but I was interested in finding out more.
Shortly after creating an account with TorOption Scott from Toroption contacted me and began telling me stories about the benefits of working with them and how it has helped so many people better their lives from a financial perspective. He pushed me to deposit money into my account in order for me to be able to “trade”. The minimum investment was 250.00 USD which I went ahead and put through to see what could possibly happen.
In order to protect themselves, they asked me for copies of the card I used to deposit the money with, they took a copy of my ID and proof of address in order for them to cover themselves and make it seem “Justified”, they even made me sign a declaration form of deposit, everything that they can use against me moving forward.
My account was created one the Toroption website which you can search for and find, This is when the scam began and must I say, what professional scammers they are…
We began trading with the small amount of 250.00 USD and they showed me a few winning trades which made me feel as if this actually might be the real deal, please note that this was all through their website and this information might be portrayed and adjusted as they see fit as it is a proxy. Website.
When I asked to withdraw my winnings, they would always ask me why? And “Are you in this for a couple hundred dollars? Or are you here to make real money?” Which pushed me to invest another 1,350.00 USD. They started making me feel as if I was special using the “Bonus” Scheme which basically provides me with extra money provided by TorOption to trade further and open further positions.
As time went by and we began trading they continued to push me to invest further and further. The broker that goes by the name of Dina, l continued to push me to invest further by claiming that she operates on a commission basis and that should I wish to continue to get her advice on what positions to place, I need to invest further, I recall her saying “Why would I trade with a thousand dollars or 2 thousand dollars, the commission won’t even buy my lunch!”. Given the fact I had no experience with trading and what positions to put, I felt pressured into investing more to keep her advising me on what positions to place. So I went on to invest an additional 6,200.00 USD.
After putting through some positions and making a few trades, we had lost some of those trades and I became frustrated with her “advice”, I started to request for my money back which she never approved for me.
This is when the second part of the scam began and this went even further, she told me that I should speak to her “Boss” and that he has an offer for me. This is when I met Reda, Reda was telling me “why you want to pull out your money when you haven’t made any real profit yet?”, he continued to play on my emotional vulnerability of asking about my family and what I desire in life.
When he found out that I lost my father last year and that I was struggling to make ends meet, on top of this I have a younger brother who just graduated high school and I am still trying to figure out how I will pay for his university education or the rent and the constant bills, he capitalized on this matter and pushed me to invest even further! I simply told him I do not have the money.
He went on by saying get it from your mother or your friends… I told him that simply is not an option, This is when he played me by offering me what they call an “Insurance Contract” He said I am willing to provide you with 3 insurance contracts, each one worth 10,000.00 USD, He claimed that this is the best way to trade with us and that should you fail with the positions, at least your initial investment is safe, on top of this he said that if you invest another 15,000.00 USD I will become an “Executive” Member and that I will have Dina assistance on a weekly basis for market hints and advise on what positions to place.
Hearing this, like a fool I actually went to my mother and got from her 15,000.00 USD and invested with them the full amount in hope to make more money. We began trading on Long Term Binary Trades and actually lost all the major big positions, which meant I had to use my “Insurance Contracts” So they went ahead and “Reimbursed” me the money, or at least as it would show on the account. To leverage our losses from those positions we went on to trade on Gold – Long Term, and we had a strong position put forth with 10,000.00 USD, Dina called and said that this is a 100% in the money and that if I invest another 10,000.00 USD dollars right now, I can leverage all the money we lost previously by “Doubling up” on that position. Again, like a fool, I went ahead and invested another 4,907.00 USD (because it was all the money I had) and she gave me a “bonus” of 5,500.00 USD to double up on the position… which was shortly lost.
Overall, I ended up investing with them a total of 26,707.00 USD and I have gotten back from them a total of 2,918.00 USD… They really scammed me big time.
After all this, I screamed and shouted at Dina and told her I want out, I want my money back, she disappeared for a few days to come back to me and say “I am leaving for a seminar on wall street and Reda (my boss) will take your account from here” The guy I supposedly trusted… and was the major reason why I invested the 15,000.00 USD.
When I spoke to Reda, he told me that I am unable to withdraw any of my money due to the fact that I did not reach the “Minimum turnover required” In order for me to qualify for a withdrawal. He kept saying “I am on your side, I want to help you.” Rather than actually giving me my money, he told me that due to the fact that I took the insurance money, I needed to make enough trades to reach my turnover, which has reached to 1,200,000.00 USD! Which is literally impossible to reach when you have only 15k in your account to trade with.
Now he is asking me to invest even more!! He is claiming that if I invest another 24,000.00 USD I will become a “VIP Member” And will have access to VIP Trades which I currently do not have access to and that my turnover will decrease by 40% which will allow me to make a withdrawal sooner.
After all this happened I started researching online and realized that I am not the only one who got fooled by this scam, many others in my positions have made a similar mistake and these scammers make ridiculous amounts of money off of peoples hard earned money. Toroption is not even licensed no Certified! Finding this out shocked me to my very core.
Reda was asking me to take a loan, borrow from family, friends, he was willing to throw me deeper in debt as long as he keeps getting more money across.
Toroption is a legit scam, they have taken from me a lot of money and the sad part is, it isn’t even about the money, it really cuts you deep, they make you feel like a fool even though I would like to consider myself sharper than others. Your pride takes a hit, you feel embarrassed, and talking about it or even writing about it pains me.
We need to bring them to justice, I am not the only one, many others have made the same mistake I have and I would appreciate your help in getting my money back and stopping them before they scam innocent hard working people moving forward. This company you are supporting is a SCAM! And if you have any business ethics, you will help me fight this off. I have all emails, documents, contracts, etc… everything is available, and I just want this to stop.
I am deep in debt now because of this, my mother does not know of my mistake and she still expects to get her money back which I will get back to her on my own, from my hard earned money, she cannot know that I have been scammed it will break her heart.
At 24 I lost my father and had to become a responsible man I don’t think I was ready for and take care of everything and it is a struggle. For someone to come and take advantage of my situation to make money off of it is sick and disheartening.
This is my story.
Thank you for reading it all the way through.
Are you willing to help me and many others stop this scam from going even further?
Best,
Omar
submitted by Sharif1212 to Scams [link] [comments]

Ayrex Binary Options Withdraw Proof Instant 100$ Nadex Binary Options $24,000 Withdrawal Proof - YouTube Pocket option is a SCAM?!  Withdraw $25 000 from binary ... binary.com withdraw proof !!! How to submit withdraw request binary.com $50,000+ Withdrawal Proof From IQ Option  Best Binary ... IQOPTION REAL Withdrawal Proof 💵 - Binary Options strategy ... $30 to $266? Binary Options Trading. WITHDRAWAL PROOF! PT. 1 IQOPTION REAL Withdrawal Proof 💵 - Binary Options - YouTube CloseOption US Binary Options Broker Proof Of Withdrawals ... How to withdraw money from IQ Option.Withdrawal Proof Of ...

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Ayrex Binary Options Withdraw Proof Instant 100$

Pocket option is a SCAM?! Withdraw money from binary options 😱 Hi there! I'm Lady Trader and in this video I'll show you how I withdraw money from pocket o... Open an account with $ 10,000 Free https://bit.ly/iqoptionns #iqoption, #binaryoption,binary options,how to earn in #iqoptions,iq option payment,iq option ... options, binary options, binary options trading, binary options strategies, binary option strategy, iqoption, iq option strategy, trading forex, forex strategy, forex,Online Trading Strategy # ... This video briefly depicts how I made a couple hundred dollars from one of my binary trading accounts, and proof that I made a withdrawal. Update will be done when the funds hit my Paypal account. http://pipsociety.com Nadex is the North American Derivatives Exchange. It’s in Chicago and the good thing is they are actually registered with the CFTC, so ... In this video i will show you a iqoption withdrawal an the best method... FREE IQOPTION DEMO ACCOUNT https://goo.gl/4gbGUF Binary options strategy binary options instant withdraw proof. Loading... Autoplay When autoplay is enabled, a suggested video will automatically play next. Up next Welcome To Adnan Trading Tips. In this video i will show you how to withdraw money from IQ Option real account. REGISTER WITH BEST BINARY BROKER Iqop... Hello guys, the most awaited video like you asked for.! My IQ Option Withdrawal Proof. I have made around $50,000 from IQ Option in the trading period of Jun... Close Option: https://tinyurl.com/closeoption Strategy In Detail Part 1: https://youtu.be/rhoYUOzAmbU Minimum deposit of $5 to start real trading. Free Demo ...

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