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RightMesh AMA Answers

Thank you for your interest in our project and for submitting questions over the past week for our first AMA!
 
Please see below for our answers. Question thread available here. If you would like further clarification on any of the below, please join our Telegram channel to speak directly with the team.
 
The RightMesh Team
 
 
 

I like you guys the most because you're a BCORP with a great purpose, but what does your organization do better than the competition? Thank you.

 
Thank you for your kind words about our B Corp status, it’s something we pride ourselves on at Left and RightMesh! For those who are not familiar, Left, the parent company of RightMesh, is a certified B-Corp and has won numerous awards for community engagement and corporate culture. B Corps are for-profit companies certified by the non-profit B Lab to meet rigorous standards of social and environmental performance, accountability, and transparency. As a certified B Corp, Left is committed to doing business “right” – for the good of all. There are over 2,400 B Corps in over 50 countries, covering 130 industries. Some notable B Corps include Ben & Jerry’s, Warby Parker, Patagonia, Etsy, Plum Organics, and of course, Left!
 
We believe there are several differentiating factors about RightMesh, spanning from our organization to our technology. These include:
 
 

Culture & Values:

 
Left’s founders, Chris Jensen and John Lyotier, had a dream to create a company built on core values and an anything-is-possible attitude that can make this planet a better place. We have been recognized as the “Best Employer in BC (British Columbia, Canada)” by Small Business BC, and we are a two-time winner of the BC Tech Community Engagement Award. All employees get to participate in our “Dream Program” in which the company supports us to fulfil our personal dreams and ambitions, and we are given unlimited work hours for volunteering in our community.
 

Team Expertise:

 
The RightMesh team consists of over 100 PhDs, Scientists, Developers, Entrepreneurs, Business Strategists and other experts who have in-depth expertise in Mesh technologies, blockchain and building successful businesses.
 
RightMesh has offices in Vancouver, Canada and Khulna, Bangladesh. We also have project contributors and partners working from Zug, Switzerland and Los Angeles, United States.
 
A key differentiating factor is the fact that our team has strong experience in scaling teams which will be extremely important to the success of RightMesh in the future following our TGE.
 

Executive Team Overview

 
John Lyotier, Co-founder and CEO  
Co-Founder & CEO, RightMesh. John is one of the co-founders and is a key contributor to the global strategy, vision, and technology roadmap for RightMesh, its parent company Left, and all its subsidiary brands. John is an entrepreneur and a successful marketer with more than 20 years of experience in promoting, launching, designing, and jumpstarting new businesses and products through innovative marketing concepts. Under his leadership, the parent company, Left, has gained a national reputation as being a “Best Workplace” award winner while being the first back-to-back recipient of the BC Tech Association’s Tech Impact Award for Community Engagement, recognizing the best company in BC for balancing “Work, Life, and Play”. With RightMesh, he is focused on bringing connectivity to the next billion.
 
Chris Jensen, Co-founder and COO  
Chris began his career in the UK working for multinationals and banks and continued in the banking and brokerage industry upon moving to Canada. He has a strong understanding of the finance markets and has lived the pain of raising capital for early stage companies during the beginning stages of growth, from 25 to 80+ employees. He has founded several start-up companies in his career. In his role as CEO for Left and COO at RightMesh, Chris thrives on understanding the big picture and on moving the levers that drive the company forward. This includes financing, strategic partnerships, and corporate development. Chris holds a BSc (Honours) in Economics and History from Queen Mary University of London.
 
Dr. Jason Ernst, CTO and Chief Networking Scientist  
Jason holds a PhD in the field of Mesh Networking and Heterogeneous Wireless Networks as well as a M.Sc. on Scheduling Techniques for Wireless Mesh Networks, both from the Applied Computing faculty at the University of Guelph. An adjunct professor at the University of Guelph, Jason has more than 30 published papers on wireless networks, cognitive agents, FPGAs, and soft-computing topics and has presented his research at international conferences around the world. Jason is the only Canadian member of the ACM Future of Computing Academy and a member of their executive committee. Prior to joining Left, Jason was the CTO of Redtree Robotics, which designed robots that made use of multiple radio technologies to ensure pervasive connectivity to each other and their operators.
 
Dr. David Wang, Applied Research Engineering Scientist  
Dr. Zehua Wang is the Chief Micropayment Scientist at RightMesh. He received Ph.D. degree from the University of British Columbia (UBC), Vancouver, Canada. He received his master and bachelor degrees in Computer Engineering and Software Engineering, respectively. He holds a research fellow position in UBC. He has published more than 30 peer-reviewed book chapters and papers in topics of mobile ad-hoc networks, blockchain technology, the Internet of Things, and the fifth-generation wireless networks. He has expertise of using optimization and game theories to solve economic problems. He was a recipient of Four-Year-Fellowship and awarded the Graduate Support Initiative Award at UBC. In industry, he has about 10 years experiences of software development. In academia, he served as the technical program committee (TPC) Co-chair of IEEE International Workshop in Smart Multimedia and TPC members in many international conferences, including IEEE ICC, IEEE Globecom, and IEEE VTC, etc. He is a member of IEEE.
 
Saju Abraham, Chief Product Officer  
Saju is a seasoned professional in the realm of mobile and wireless technologies having worked with customers, partners and teams across 19 countries in organizations such as Lucent Technologies, Movius, NEC, OnMobile and Telefónica. His passion for building great products stemmed from his multifaceted experience as a software engineer, architect and product manager, and he currently thrives in bringing multiple cross-functional and cross-cultural teams together to cohesively execute the product strategy for RightMesh. His credentials include a Bachelor’s degree in Computer Science and Engineering and a Postgraduate degree in Management from the Indian Institute of Management, Bangalore.
 
Melissa Quinn, Corporate Development Manager  
Melissa’s passion to empower people to be their best selves is why she has immersed herself in the blockchain, cryptocurrency, and mesh technology world. Heading up Corporate Development for RightMesh, Melissa works closely with the team while constantly seeking Partners, Advisors, and other game changers who are aligned with our vision. She has a BBA from SFU, a background in HR, and a strong desire to put innovative technology at the forefront of doing business as a force for good.
 
Rakib Islam, Co-Founder and CTO of Left  
In his role as CTO, Rakib sets the pace for Left’s application development initiatives, including key recruitment of engineering and mobile technologists. Rakib leads Left Technologies Pty Ltd, Left’s ISO-9000 certified subsidiary in Bangladesh. An active member of BASIS (Bangladesh Association for Software and Information Services), he frequently travels abroad to present an example of the ‘new’ Bangladesh and speak about economic empowerment. Rakib’s credentials include a Master’s Degree in Computer Science and Applications from Pune University, India, as well as being a participant in the US Department of State Professional Fellows Program for Young Entrepreneurs at the University of Oklahoma.
 
Tracy McDonald, Director, Talent & Culture  
With over 10 years working with people to grow their potential, Tracy is passionate about creating dynamic teams that facilitate business growth and positive culture. As an early Lefty, she was instrumental in scaling up the team to over 80 people, without losing the culture that makes Left special and unique. Tracy’s coaching and development work with the Lefties has been recognized with many awards including “Best Workplace in BC” and Community Engagement Winner from the BC Tech Association. Her dedication to making Left a premier workplace, was further recognized when Left became a certified B Corporation. Tracy’s belief in the potential of people allows her to lead with compassion, integrity, and trust. She earned her Bachelor of Science from Simon Fraser University.
 
Dana Harvey, Chief Communications Officer  
Dana harnesses the power of words and technology to engage audiences and compel them to action. As a communications professional with 25+ years’ experience in global markets, Dana combines strong strategic skills with out-of-the-box thinking and the unique ability to craft omnichannel content that resonates and inspires. She has helped large corporations like Nortel, Motorola and IBM develop new markets, managed an international advertising agency, and guided multiple businesses to success through her own communications consultancy. Dana is also an experienced public speaker, passionate about sharing her knowledge and motivating audiences. As an advocate for the full participation of women in all communities, she is especially interested in exploring the positive social and economic impacts RightMesh will bring to women in developing nations and around the world. Dana is co-founder of the Women’s Collaborative Hub, an organization that empowers youth and women from diverse backgrounds. Her credentials include a BA (Honours) in Communications and a Post Baccalaureate Masters (Dean’s List) in Asian Management.
 
Alyse Killeen, Executive Strategist  
Alyse is Managing Partner of StillMark Co. and StillMark Capital, and is one of the very first traditional venture investors to participate as an investor and advisor in the blockchain and cryptocurrency ecosystems. In 2015, the UN Foundation named her a Top 70 Bay Area Digital Leader, and in 2016, Singapore University of Social Sciences (SUSS), a university under the ambit of Singapore’s national Ministry of Education, appointed Alyse as a Fintech Fellow. In 2017, International Business Times (IBT) recognized Alyse’s contribution to the development of the blockchain ecosystem by including her in the 4th position of IBT’s “VCs Powering the Blockchain Boom” List, following Tim Draper, Mark Cuban, and Naval Ravikant of AngelList and MetaStable. Alyse has presented internationally, been featured in many reputable publications, authored a book chapter in the award-winning Handbook of Digital Currency titled “The Confluence of Bitcoin and the Global Sharing Economy”, and in 2017 contributed to the next book in the series, Handbook of Blockchain, Digital Finance, and Inclusion (2017), co-authoring “Global Financial Institutions 2.0” with Dr. R. Chan of the World Bank. In her role as Executive Strategist, Alyse consults with the executive team, including on the development of the team’s network within the blockchain community and introduction to ecosystem leaders.
 

Our Advisors:

 
Our advisory team consists of advisors who believe in the long lasting success of the project. They have been carefully selected to help built RightMesh over multiple years of operation and are not involved solely for the token generation event.
 
Our advisors include:
 
 

Academic Research:

 
Academic research has been core to the design and development of RightMesh thus far, and will continue to be a key driver for us in the future. RightMesh works closely with Universities on academic research on mesh networks, blockchain technology, and payment channels. We are working on research with the University of British Columbia on density simulation and payment channel development. Since early 2017, we’ve been conducting research on mesh networks and connectivity in Arctic / remote regions with:
 
 
We've received grants from NSERC, MITACS and CIRA to support pilot programs thus far and are submitting a MITACS cluster grant to support over 100 graduate student units over the next 3-5 years. This research covers everything from how to design relevant mesh apps in the communities the mesh is operating in, to performance evaluation of the network protocols, to scalability of micropayment channels.
 

Technology:

 
It is also important how the mesh is designed for scalability reasons. Most mesh networking solutions are built around a store and forward and broadcast mechanism. This mechanism is not scalable and congests the network causing complete breakdown of the network. Even a small amount of devices can quickly cause exponential traffic resulting in extremely high delay and low effective throughput for apps running on broadcast protocols. In the RightMesh network, devices directly communicate with another device, and make smart routing decisions along the way.
 
RightMesh implements autonomous role topology/mesh creation layer - which means devices in the RightMesh network will autonomously detect each other and connect - user intervention in the network role is minimized .
 

Other key tech differentiators include:

 
We don't broadcast data. We compute a route between devices. Our protocol was built to use multiple paths (most use a single path and have long recovery times on a broken connection). The RightMesh network protocols can failover, or use multiple paths at the same time. RightMesh doesn't require the phone to be rooted. RightMesh doesn't require extra hardware. RightMesh can share existing Wi-Fi or Cellular Data, many others can only share Cellular Data.
 
 

Partners & Affiliations:

 
 
Answer provided by the RightMesh Team
 
 

Hello, First, congratulations on the big idea! I'm definitely a supporter. (1/2) My question is how far are you into testing your mesh network?

 
Thank you! We’ve spent the last 1.5 years or so building the protocol stack from the ground up, and so most of the testing that has been done has been around testing the functionality of the stack - including node discovery, single-hop and multi-hop communication, multi-path routing, forming mesh networks with heterogeneous wireless links, and app integration.
 
And over time, we steadily have been improving our end-to-end reliable communications protocol. The protocol originally achieved somewhere on the order of a few kbps when we first started because we did e2e acks on every packet. We have since moved to sliding window and selective ack mechanism which has allowed the performance to climb closer to the Mbps range. However, we still have more work to do in order to achieve the theoretical maximums of the individual links (and even faster if combining links).
 
In terms of testing of the scale of a RightMesh network, we've tested with up to 10 hops on a single path, but can likely support more. Right now the largest offline mesh we've had is 30 devices, limited only by the number of devices we had available at that moment in time.
 
Building a performance evaluation framework is one of our next immediate and important tasks, where we can evaluate the performance of the network under various test conditions - for example how the network behaves based on density, and how does the number of hops impact the response time and data that flows through the network.
 

(2/2) Can I assume I'll only be able to participate if I'm in the surrounding locations? For example: Someone in Indonesia is using RightMesh to try and connect to the internet. Is there a possibility for me to help them if I live in a different country? Thank you and keep up the good work.

 
To be a participant in a RightMesh network, you will have to be in close vicinity with another RightMesh powered node (smartphone) in order to be connected to a network. However, it will be possible for community members to operate devices that provide a “superpeer” layer. These would be fixed nodes with stable, reliable, and ideally fast internet connections. They would provide relaying between different geographically separate meshes - for instance between two neighbourhoods that are too far apart for one mesh to cover them both. They would be required to provide tokens in order to facilitate the channels that need to be made between the buyers and sellers. This would allow them to charge a fee for having their tokens locked up in the channels.
 
We will also open source the superpeer, so people will be able to work off our reference superpeer implementation and build their own custom superpeers. This would let them control the strategy the superpeer uses to allocate tokens into channels. We expect to have a release of the superpeer which supports payment channels by next week. At this point in time the solution is proof-of-concept stage, but some testing has been done to support two meshes communicating with each other through a superpeer where the data seller in each mesh is compensated by buyers in each mesh.
 
Answers provided by Dr. Jason Ernst, CTO and Chief Networking Scientist & Saju Abraham, Chief Product Officer
 
 

What do you see as the biggest challenge with taking your technology to market and hitting your usegrowth targets?

 
Density is the biggest challenge of mesh technologies, and one of the reasons why token economies are required to incentivize users to share their signal when it is available.
 
We are looking to bring in users into the RightMesh ecosystem through the work they do in the network, and provide them economic incentives that will encourage further action. What defines work? Being a part of a relay node in the network for instance - that reduces barriers to entry. Or incentivizing users for taking actions in the app or to consume content such as ads. The more opportunities there are for users to earn, the more people that will join, the more developers that will join the ecosystem, leading to more opportunities, and the network effects loop should grow stronger.
 
Answer provided by Saju Abraham, Chief Product Officer & Aldrin D’souza, Product Manager
 
 

(1/3) What is the theoretical maximum mesh size?

 
There isn't really a theoretical limit. We don't have any hard caps on devices in our code, however locally there may be limitations from individual phones. For instance, I've seen some phones in hotspot mode which only support 6 clients connected to it. On other phones sometimes, as few as 3-4 BT connections. So there are some constraints on the topology and the maximum number of connections one device may have, but it is limited more by the devices, the chipset and Android, rather than our software. We can also get around some of these limitations still using our switching technology, however, this will have a noticeable impact on delay.
 

(2/3) Does the transfer rate for users slow as the mesh size increases?

 
This is less a function of the number of users, or devices, and more a function of the demand on the network. A network with many devices and few users actually requesting traffic may perform better than a small network where all of the users are requesting lots of traffic. There is some overhead in the protocol to maintain the connectivity of devices, however this will be minimal in impact compared to the load of traffic from all of the devices. It also depends on where the traffic is going. If it internal to the mesh it may be possible with a dense mesh that RightMesh could support high throughput internally. The bottlenecks would likely occur in cases where there is lots of traffic which requires the Internet, and there are too few people willing to sell or donate Internet data into the network. Compared to other meshes howevever because RightMesh can support multiple paths, we can split the load across all available Internet connections rather than doing something more naiive like rely only on the closest one, for example.
 

(3/3) How do you plan to test a large scale mesh prior to launch?

 
There is lots that we can do with simulation, or combining simulations with some real devices. We also have a large team in Bangladesh that can help support field tests in some very different environment that we are used to in Vancouver.
 
Further, we are working with researchers at UBC and Guelph so that graduate students can apply some of the latest research methods in simulation and performance evaluation to RightMesh. (I myself have a PhD that relied heavily in this area, and we have several other PhDs on the team who can provide expertise to graduate students in this area. We are also working with some other top researchers in this area who will help in ensure we are straining and breaking the network as much as possible before launch).
 
To be more specific, it will be a combination of stressing various components of the system one at a time, along with tests that stress all of the components at once. We are also building software that can automate various scenarios to test how the phones and the library can handle different topologies and connectivity. Before we consider it ready for launch however, we'll need some wide scale tests with real devices and real traffic. This will likely happen by working with friendly partners who believe in the benefits of what the mesh can provide in very localized applications (think a train schedule app in a crowded city for example). This will inevetiably result in parts of the protocol breaking, which will iteratively repair.
 
Once we are satisfied that the network as a whole can maintain stability, tokens properly account for the data being used (verified on the public testnets), and that users of these early partner apps are having a good user experience, we will deploy to the public network.
 
Answers provided by Dr. Jason Ernst, CTO and Chief Networking Scientist
 
 

Have you had direct interest from large enterprise clients wishing to use the mesh technology in their apps/content strategy as yet, or are you having to reach out to them to generate interest?

 
Yes, RightMesh has been receiving direct inquiries from major corporations and organizations every day. These companies are largely interested in reaching emerging markets and regions where connectivity is an issue, and has been inaccessible until now. Mesh technology, being so new, will enable new types of applications to emerge that have not previously been possible, so proof of concepts for both RightMesh and partners will be a key focus. We’re actively in discussion with companies who are interested in integrating RightMesh into mobile applications, dApps, IoT devices and other hardware products to develop pilot projects.
 
In addition to these inbound inquiries, we have an outbound strategy as well, where we’ve identified key verticals that would benefit from mesh enabled applications. In the near term, over the next year while we harden the RightMesh protocol, we plan to focus on working with partners who provide services like emergency communications, distance education, medical services, and messaging applications, to name a few.
 
We see the need to work with a variety of different types of partners from international NGOs to brand names in order to test various use cases (ex. emergency medical alerts or content distribution from content providers). Our partnership strategy will evolve over time as our protocol matures.
 
We will publish announcements as per our effective disclosure policy once anything is material.
 
If your organization is interested in discussing a partnership or collaboration with RightMesh, we'd love to hear from you! Please email us at [email protected].
 
Answer provided by Brianna MacNeil, Product Manager, Blockchain
 
 

First let me say this product is revolutionary, I know if availability is solved there is no reason not to use this. My question is regarding your choice of an erc20 token, wasn't it more suitable to choose something like IOTA for constant payment of internet access? Are you planning for the payments to be made every second per MB consumed or something like that? Thanks

 

Related question: How exactly to you intend to use microtransactions considering high Tx fees from the Ethereum network?

 
Thank you very much for your feedback!
 
First, for context, let’s explain why and how RightMesh is using blockchain technology. Firstly, the protocol is integrated with Ethereum to uniquely identify each node (smartphone/device) in the mesh network by assigning it a MeshID in a similar way that a MAC address is assigned an IP address. Secondly, participation in the network is incentivized through an ERC20 token, called RMESH, and the network uses a custom implementation of µRaiden to allow for micropayments of micro amounts of data in the network.
 
We are supporters of Ethereum and its strong development community. Scalability and reducing transaction fees are two of the biggest challenges that the Ethereum community is working on now. But, while that is happening, we have also been looking at our own protocol design to minimize the need of Ethereum transactions and tackle the problem of scalability.
 
Every microtransaction that occurs on a RightMesh network does not need to be secured on the blockchain - that is vastly inefficient. That’s why we’ve been relying on a payment channel design based on µRaiden that allow micro transactions to occur in the network between nodes without transaction fees, and not being dependant on the blockchain for every transaction. We think this has to be a joint community effort, and so we’ve published the work we’ve done in porting the µRaiden libraries to Java to be used in our Android libraries.
 
We also believe that being a part of the Ethereum community also means contributing to it and helping it to move forward.
 
We hope that the work we have been doing on µRaiden and porting the libraries to other languages - specifically Java so it could be used in Android applications - will benefit other projects who plan to use the Ethereum network for microtransactions: https://github.com/RightMesh/microraiden-java
 
Answer provided by Saju Abraham, Chief Product Officer
 
 

If Google/Alphabet succeed with Project Loon, will this damage RightMesh's market?

 
If Google’s Project Loon succeeds, it would be a win for everyone and the planet. The same goes for the SpaceX satellite initiatives, the OneWeb project, Facebook’s global internet initiatives, 5G networks, and the success of other mesh networking technologies in the blockchain space.
 
We each share the goal of bringing connectivity to the nearly 4 billion people who do not have access to internet and connectivity. At the end of the day, we, RightMesh, aim to lift millions out of poverty by providing them with access to the societal and economic benefits afforded by the internet and access to information. This is not something that can be solved by one entity. It will take the combination of different solutions and approaches to make this a reality.
 
One major strength of RightMesh is that we can solve last mile connectivity, which is incidentally complementary to many other projects in the space. There is a good opportunity for us to potentially collaborate with some forward-thinking wireless companies, MVNOs, and corporations working on global connectivity projects, to provide last mile delivery.
 
Answer provided by John Lyotier, CEO & Brianna MacNeil, Product Manager, Blockchain
submitted by BreezyZebra to RightMesh [link] [comments]

Blockchain summit report: Day 1 - "Enterprise cloud"

previous days
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Event details
Today was day 1 of the 2 day "International Blockchain summit" presentations. On every seat was a little bag that had 3 books about the Blockchain! Unfortunately they were all in Chinese.
http://imgur.com/jmkRYVj http://imgur.com/g66KeRD
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Presentations summary
Whereas DEVCON2 was all about development, and leveraging the network effects of leveraging other projects in the ecosystem, the presentations today were VERY high level talks.
There was a massive stark difference between "the old guard" in the Fintech space, and the disruptors that are shaking things up.
Take a look at the BOC (Bank of China) and ChinaLedger presentations. They talk about how Distributed computing is dangerous. ChinaLedger go on to say that they need the power to be able to go in and halt transactions, modify smart contracts on the fly, liquidate accounts when they need. While also saying that they will make sure they will do everything to help privacy and use encryption… which only the Government can unlock ("Golden keys"?). It was the most centralised "Blockchain" I have ever heard of.
On the flip side I was inspired by the forward thinking of the Consensys presentation, and their long term vision for where to drive the Ethereum platform. They are helping to create open tools and platforms that will be leveragable by a multitude of projects (as demonstrated with Ujo and BHP project "Rai stones").
http://imgur.com/AXHw1Df
After the Consensys presentation, my 2nd favourite presentation was by Wanxiang labs "10 years to build a city", talking about how they plan on taking some land and creating from scratch a smart city powered by the blockchain and electric vehicles. While the other old guard are squabbling about how it is going to impact their "business as usual" profits, there were the new projects out there envisioning and disrupting.
The BHP presentation was also pretty cool, a great implemenation of using Blockchain to improve a business process.
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Presentations
New Finance: Technical & Legal rules - BoC He is from bank of China. Entire presentation was him being scared and trying to justify why current Blockchain tech is an unregulated wasteland, and why there needs to be regulation from banks and government.
For Fintech they think Blockchain will not be successful without proper regulations Blockchain finance - it is distributed. Storing all of the transactions will take a lot of storage space. What to do once the transaction rates exceed what can be processed. Thinks that public distributed transactions will not be more than a toy like with Bitcoin. For real FinTech they need something different for a high frequency. Thinks that decentralisation should not be the core feature of Blockchains (due to transaction limit). Thinks it should be decentralised, not distributed.
Should be done with private consortiums. Needs legal rules and technical rules. They think that self rulemaking currencies (Bitcoin) can not be regulated. So need to stop them, to prevent bad things like money laundering. This is showing the loopholes brought about by Bitcoin. So when using digital currencies, they need certifications and tracking.
"We need more regulations and rules to facilitate the healthy development of this space. Only with support of regulations can new technology take off".
Me: I totally disagree… (if not already apparent)
Blockchain futures & realities - CSDC
China Securities Depository and clearinghouse
He was much more open minded and forward looking. Is a pep talk for "things are going to change", how are we going to use these new things. He said that he recorded it into English that should be able to be downloaded, would be worth watching if you are into this space.
Summary: Genie is out of the bottle, we need to embrace this and think how we are going to put the requirements of securities ("real name transactions") in a decentralised way. And the registration and tracking of assets to real names.
People have ideals because they are not happy with reality. Due to this dissatisfaction, people are passionate about trying to make that dream a reality. Need to play by the rules, or the market will be chaos. So now we have facilities law, regulations, etc. This forms the framework of China economic. This is very different from Blockchain. This is at odds to the distributed systems. Seems like we are dissatisfied with this, so trying to reconcile these differences.
All securities transactions need to follow "real name" transactions, but want to do this in a decentralised manner. Market cap is 54 trillion (of something in China). GDP is over 70 million
They are researching Blockchain, but not just in the lab. Need to find potential applications and use cases for it. If we want to implement Blockchain technologies, we need to see what the hurdles will be, so we can get closer to the ideal. As BoC speaker said, the number of transactions per seconds is HUGE. Daily may reach 10s of millions at its peak. How are we going to handle this with a theoretical framework. Need to start from the reality of China. And the reality is it is a giant country with a huge population, which depends on the capital market. If you just implement within a lab it is okay. But if it is going to be put into the industry, then we need to work with the government. We can't just get rid of the government, it is impossible (REVOLUTION!!). So need to focus on key senarios to tackle, as you can't just apply Blockchain everywhere simultaneously. Or all your efforts will fruitless. How to complement it initially, not replace it.
Ten years efforts to build a city (Wanxiang Labs)
Me: I reallly liked this presentation. I've been keeping notes for months around building this type of innovative city in Australia. I plan on rewatching this one again later.
Going to build a city in 10 years. An energy gathering city in HangZhou 10KM2. Their US company is starting to build new energy vehicle. 900m RMB? 90k people. Deploy the city into the cloud. Intelligent life, traffic & services. Everything will be connected. IoT, Internet, smart living, smart transport. Once this is successful, they plan on launching it across the world. Will publish their learnings. Launching incubators and accelerators. Their own cloud Blockchain as a Service. Many scenarios in this smart city that could utilise Blockchain. Distribution for Solar power. ID & Vehicle registration. Intelligent community services. Can promote a sharing economy throughout the community. Partnering with Microsoft, IBM, Consensys, Ethereum foundation, WeBank, AliCloud
Vitalik Buterin keynote
Talking of the progress China has made in Blockchain innovation in such a short period of time. He visited China 3 years ago and visited a number of Bitcoin companies and was impressed on the scale of what China had, much more than what was happening in USA. But all the focus was just on cryptocurrencies, not Blockchain technologies, Just mining. 2nd time, he saw some kind of experimentation happening with interesting things (like coloured coins?) 3rd time saw more interest in Blockchains. 4th? time, he did a hackathon with Wanxiang labs (event sponsor), and there were ~30 projects. The growth since then has been rapidly growing. The scale of projects we couldn't have imagined 3 years ago. Was just theoretical, now a lot of ideas are almost reality. e.g. Self-sovereign identity, instant settlement.
Hyperledger
https://www.hyperledger.org/ Goals. Build an opensource dev focused community of communities to build a hyperledger based solution. Create a family of "etnerprise grade" open source blockchain framework, platform & libraries.
Because it is an enterprise opensource project, they need to track contributions, patent details, etc. Is part of the Linux Foundation, which has 16 years of providing governance stucture support for major open source projects. 80 project partners. IBM, Intel, Accenture, JP Morgan, Airbus, ANZ bank, Cisco, etc. 20 of the 80 project partners, are based in China. Apache license v2.
A world or many chains. There will not be only one blockchain. There will be many public chians and millions of private chains. Each may use different consensus mechanisms.
Major projects are: Fabric: Developed by IBM. PBFT, moving to Raft and other pluggable consensus mechanisms. Written in Go. Sawtooth Lake: Proof of Elapsed Time. Runs on secure enclaves. Written in Python. Hyperledger explorer: GUI for navigating Fabric & swatooth lake. Fabric-py SDK. (Java proposed later).
Future: Smart contract engines. Portable identities. Will never see a "HyperCoin". It is about making Hyperledger a standard, and a governance group.
IBM keynote - IBM Blockchain & Hyperledger
Today if you want to do something in your business on Blockchain it is difficult. Hard to scale, issues with privacy. No Enterprise support. Need tools to write tests for smart contracts. Need good solution patterns. Difficult to scale up, especially around transaction rates.
Built Fabric to support "serious business" Permissioned blockchains can't scale. Every node shouldn't execute every transaction. The 2 peers that are interacting are the only ones that should execute. IBM has implemented this internally to resolve invoice disputes with their suppliers.
IBM
All the slides were in Chinese. Difficult to follow unfortuantely. The (original) Silk Road was important for trade. Blockchain may be just as important for trade in the future People are debating the need of distributed systems being an important thing of Blockchains, is it really necessiary? Blockchain should instead be focused on unblocking instead. IBM will provide an IBM certified docker container. IBM Blockchain. http://www-31.ibm.com/ibm/cn/blockchain/index.html Has a concept of a "shadow chain"?
Blockchain Platform @ Microsoft
At Devcon1 Microsoft announced Blockchain as a Service. Rolled out DevTest Labs to allow you to spin up public, private, permissioned, and consotrium blockchians quickly. Provisoin with 1 click. Mix & match from best available blockchain tech.
Bletchley: Open infrastructure, Enterprise capabilities. Microsoft is not building their own Blockchain.
Blockchain has some missing parts (identity, privacy, key management lifecycle, tools). Asked our partners what are the missing parts. A database in itself isn't an application.
(re)Announcing: Bletchley v1. 2 parts. Distributed infrastructure layer (Blockapps, R3, bitpay, parity, Eris). There isn't going to be 1 Blockchain to rule them all, so allow you to leverage any of them. Lots of customers were taking a long time trying to spin up private consortiums, and trying to secure them correctly. Used to take 3 weeks, now down to 8 questions and 5 minutes. Spins up a private Ethereum consortium. 4-100s of nodes.
Distributed middleware "fabric" layer. Tools that can work across many blockchain technologies. Cryptlets are a way of doing offchain processing. Receive market data based on an event (market price daily closing, CRM event). Need to have trusted execution of the logic, to attest that it was not tampered with. Secure IP protected algorithms. Scale an algorithm for max performance by running it off blockchain in a secure & attested way in the cloud. Oracles may be malicious, or they may be intercepted during transmission. Cryptlets run on a secure host with a secure communication channel in a trust envelope. Marketplace for publishing the cryptlets into a market for others to consume. Azure cloud is twice the size of Amazon & Google COMBINED.
Bletchley Cryptlet Fabric. Supports Ethereum, will support more Blockchains. It is middleware that will support many. Secure execution on demand. Standard way of publishing and accessing external resources.
BaaS roadmap. DevTest labs, will continue to onboard more. Bletchley v1. Kinakuta to help improve security. Bletchley SDK
Longer range implications of Ethereum & other decentralising technologies (Consensys) LOVED this presentation.
Simplest view: Next gen database. Blockchain based, maximal replication, Prevents rogue actors Force for universal disintermediation, will distrupt every industry. Previously it was mostly just Bitcoin. Future projects were "BitCoin 2.0", instead of "Blockchain 2.0". So Ethereum project built the most powerful and capable Blockchain platform, both public (permisionless) and private (permissioned) Deeply secure, non-repudiable shared source of truth. Dapp is a set of smart contracts. And a user interface to interact with it. Was important to get an initial version of Ethereum out into the hands of devs, to start thinking how to start building decentralised applications. Ethereum has a vision for scalability, which includes sharding and state channels. Privacy, state channels is one option. Zcash/zk-Snarks is another way.
Currently building out an ecosystem of decentralised applications. Building core components: Identity/persona (uPort, metamask). Wallet (uPort wallet). Registries (Regis, ENS). Token Factory. Do private enterprise Blockchains make sense? Yes, large entities can have a complex internal mix of business units, having a shared source of truth can help. If enterprises have their own private consortium Blockchains, will be a harder target to infiltrate and modify databases. Business processes emboided as state transition graphs.
If you plan on building your own tools or technology on top of Blockchain tech (public or private), build it on Ethereum so it can be reused in many different places by other entities running their private chains Developed "Balance" for real time compliance, accounting auditing and monitoring. Real time dashboard for companies & regulators. Organisations using certified software wil not be able to break or bend any financial accounting rules.
The Blockchain will last for years or decades giving a persistent database. Gives a chance to do persistent portable identity. uPort self-sovereign identity.
Blockapps Announcement
Is Ethereum for Enterprise. Partnered with Microsoft to announce Blockchain as a Service (BaaS). Over 1k projects have used it, over 300 customers. Being released in Azure China datacentre (mooncake), and other Chinese clouds : Alibaba cloud, tencent cloud, Wancloud. Initial China projects: Minsheng insurance, Wanxiang smart city, Qianhai smart city, Shanghai smart city. China is going to be the country leading the world in Blockchain projects.
The Rise of Blockchain Consortia: Uniting the Banking World
One of the largest banks in Spain. Banks are just a ledger (a very large ledger). Each bank has its own ledger. They don't trust each others. Which is why you need clearing houses and things like this. What if there was a shared ledger trusted by all banks. "It's not about the coin, its about the ledger.
`
New development of ChinaLedger: Forging a powerful tool for Chinese capital market in the FinTech era
Was literally the most centralised blockchain I have ever heard of. Please excuse me as I rant inline.
ChinaLedger is a consortium. 11 founders established it. Chinese financial institutions and Wanxiang labs. "we created our own Blockchain and tools". Will come up with their own custom software and implementation. Will create a whitepaper and create reference architecture. Partners will use the network to do transactions. Need facilities to be able to freeze or take over acounts, and get access to all data. A need to be able to halt or freeze a transaction or smart contract. A need to be able to halt or freeze a transaction or smart contract. and the facility to liquidate an account or smart conract or manually change the state of a smart contract We need to be able to stop the trading of certain stocks. Let regulators control things. Will be fully in control of the gas. Wants to support 100k/s and 1 ms latency.
Then ironically says tries to say they are going to put privacy into this. "Everything will be encrypted and private. Except that CCP & regulators who will have ability to read everything". I'm SURE that won't be abused…
http://imgur.com/Qt4qh3O You keep using that word... Blockchain, distributed ledger, privacy, encryption
Re-imagining Global Payments (For business)
Banks make a LOT of money from bank wires. So they have no incentive to come up with anything better. The person sending the money needs to give 26 pieces of information. Don't know when you'll get the money, what the rate will be. About $20 to send, $20 to receive, plus lose a few percentage through the conversion.
Their solution (for business payments). Register for an account, can use online. No fees. Transparent FX rate. Can track the payment. Uses Bitcoin in the middle. Before international calls used to call many $s per minute. Now with VoIP (Skype) you can do it for cents. Same thing will happen to international money transfers.
Enabling Global P2P Cash Transfers with Abra (For consumer)
https://www.goabra.com/ http://www.coindesk.com/abra-remittance-app-us-launch/
Nowadays you can send an IM to anyone else in the world instantly for free. Why can't you do the same thing with money? Can do it locally in some domestic markets, like paytm (india, WeChat pay (China), mpesa (Africa). But not for cross border transactions. iOS & Android. Real digital cash wallet. Send & receive globally. No FX risk. Add cash via bank or in person. As private as paper cash. Abra tellers earn $$ (as a percentage fee). The wallet is stored locally on the phone. So you "physically" control it. (need to back up your private key). Use an Abra teller (someone else using the app) to exchange buy/sell cash for digital cash. Anyone can be a teller. Tellers charge a fee. Teller & user rate each other. When 2 people send money each other via Abra, happens instantly, . No FX volatility.
Awaking the Sleeping Giant: The Natural Resource Industry and the Blockchain
Note: Hispresentation was in English, but I thought it was extremely considerate that he had his slides translated into Chinese as well. Every slide had simultaneous English & Chinese descriptions so that the attendees using the live translation headsets could follow along easier. If I ever present in another country again, I'll try and plan ahead like he did. Was very thoughtful.
Why is BHP interested in the Blockchain? They are the largest mining company in the world (natural resources mining, not Bitcoin mining. Hehe) They are a global distributed organisation. So a distributed Blockchain
Project Rai Stones. Sample tracking of geological samples. They are highly valuable resources. Some of the wells cost $100M, and you only get 1 chance to take the sample. They currently only track the samples manually through emails & spreadsheets. They are working with Consensys & Blockapps. Runs on Ethereum & IPFS, on top of Microsoft Azure. 1 node at BHP, 1 at their collaborator, 1 at their regulator. 3 roles in the business flow, BHP out in the field, the analysis team, and BHP corp. They create/register a smart contract on the network for each sample. When the person collects the sample, they go to the dashboard, click the checkboxes to say they acquired, that updates the smart contract. They ship it off, so they put in the details of which analysis office it is being sent to, updates state from collected to shipped. Analysis team can log in, see what samples are in transit to them to be analysed. They receive it, give it a unique Id based on their internal process. They get trusted tracking of samples, and real time updates.
What if they could automatically operate machines, they could help avoid bad combinations of machines operating at the same time. Like a crane operating on an oil rig, when a helicopter is coming in. Disable a piece of machinery if it is past its allowed usage before routine preventative maintenance. Disabled until it is tested, and certified as okay on the Blockchain. Stop unqualified people from using a tool or vehicle.
Ore gets mined and put onto shipping freighters. Need to track Provenance, custodians, entire supply chain.
Need to give regulatory data to the regulators in each country the operate in. All the mines in the industry need to submit this public data to gov, it all gets aggregated, and disseminated. But it costs HEAPS to do this. What if they built a consortium chain. They can all publish the public data, ready to be analysed instantly by peers. Could make the entire industry more effienct and transparent by making the consortium not just for the 1 country, but a public one. Give a global transparent view of the entire industry. Would help drop costs of compliance.
They started on Ethereum Mainnet & Testnet. Now they are seeing the emergence of many private chains. They will see the bridging between chains. Seen that Ethereum plans on sharding (many chains). Forsees that there will be a global mesh of these Public & Private chains all supporting each other.
Cotricity – “a prosumer to business”- virtual energy market on the Ethereum blockchain (Consensys)
https://co-tricity.com Energy meets Blockchain Joint venture between Consensys & an energy company in Germany. Energy sector is changing rapidly. Prosumer is someone with generative capacity (eg. Solar panels & battery storage). Normal smart meter collects usage about production & consumption. Tracked on Ethereum. Matches up Prosumers to local community things like Schools. The local environmental and economic benefits of keeping it in the local community.
Mechanism design, "reverse game theory". Goal is to effectiveise the energy market and reduce costs. Means creating incentives such that the optimal strategy for every participant results in the realisation of this goal. e.g. Help to smooth out the peak in the morning, give a small reward for not using energy in the morning
submitted by DavidBurela to ethereum [link] [comments]

Subreddit Stats: ethtrader top posts from 2016-12-11 to 2018-03-28 14:09 PDT

Period: 472.46 days
Submissions Comments
Total 995 184897
Rate (per day) 2.11 391.02
Unique Redditors 592 22569
Combined Score 787834 1865594

Top Submitters' Top Submissions

  1. 44976 points, 68 submissions: AutoModerator
    1. [ETH Daily Discussion] - 14/Jun/2017 (2926 points, 8485 comments)
    2. [ETH Daily Discussion] - 15/Jun/2017 (1960 points, 8597 comments)
    3. [ETH Daily Discussion] - 13/Jun/2017 (1764 points, 5212 comments)
    4. [ETH Daily Discussion] - 12/Jun/2017 (1358 points, 12903 comments)
    5. [ETH Daily Discussion] - 24/May/2017 (1345 points, 9454 comments)
    6. [ETH Daily Discussion] - 23/May/2017 (1241 points, 6398 comments)
    7. [ETH Daily Discussion] - 30/May/2017 (1141 points, 9056 comments)
    8. [ETH Daily Discussion] - 25/May/2017 (1019 points, 8164 comments)
    9. [ETH Daily Discussion] - 10/Jun/2017 (1001 points, 7984 comments)
    10. Daily Discussion [Serious] - 17/Jun/2017 (910 points, 2930 comments)
  2. 16379 points, 1 submission: Pracy_
    1. Everytime Bitcoin drops (16379 points, 358 comments)
  3. 11940 points, 4 submissions: Justjoshmygosh
    1. Welcome to ethtrader new people, let me save you some time (7350 points, 369 comments)
    2. This is NOT the end (2076 points, 197 comments)
    3. Welcome BACK to ethtrader (1969 points, 112 comments)
    4. Hello again, ethtrader... looks like I have some work to do (545 points, 10 comments)
  4. 11915 points, 2 submissions: _Mido
    1. Here you go (9778 points, 318 comments)
    2. How I felt this week (2137 points, 232 comments)
  5. 8919 points, 5 submissions: leafac1
    1. Would You Like to See Reddit Accept ETH as a Means to Pay for Gold? (3187 points, 196 comments)
    2. Most Popular Story on CNBC Tech: 'Bitcoin’s main rival Ethereum hits a fresh record high' (2476 points, 181 comments)
    3. Tweeted today: Casper (Proof of Stake) testnet is coming. (2106 points, 232 comments)
    4. Ethereum just processed 0.46% of Visa's total tx per day. And it did so without Ethereum Dapps using scaling solutions. (625 points, 78 comments)
    5. Perspective: It seems many are currently unaware that ETH will have a lower inflation rate than BTC (and BTC-Forks) come Proof of Stake & beyond. (525 points, 136 comments)
  6. 8899 points, 6 submissions: sopun
    1. Stocks VS Crypto (2259 points, 53 comments)
    2. Bitconnect, Davorcoin and other scams continue being advertised on Coinmarketcap. We should take a stand as a community and push out these people who made a career out of scamming innocents (2228 points, 149 comments)
    3. A shitcoin ICO called Prodeum just exitscammed millions of dollars from investors and left them only this message on their ICO website (1543 points, 200 comments)
    4. Trevon James erased 39 of his YouTube videos promoting BitConnect yesterday. Looks like he starts getting worried about the class action lawsuit against him (1364 points, 223 comments)
    5. Tron's TRX whitepaper raises more red flags than a workers parade in Soviet Union (1124 points, 235 comments)
    6. Charlie Lee retweet: "Wow! How absurd! Tron whitepaper is mostly stolen copy & paste!" (381 points, 109 comments)
  7. 8699 points, 7 submissions: econoar
    1. Ethereum is now processing more transactions a day than all other cryptos combined. (4027 points, 476 comments)
    2. Today, Ethereum has processed 50% more txs than BTC. Ethereum currently has 17 pending TX and BTC has 45k. It takes $0.006 to move Ether in less than 20 seconds. (1411 points, 282 comments)
    3. Visa, IBM, Microsoft and USAA have all posted jobs in the past week looking for Ethereum developers (865 points, 47 comments)
    4. Goldman-Backed Startup Circle Launches No-Fee Foreign Payments Service. Built on Ethereum. (852 points, 86 comments)
    5. Etheremon is completely centralized and the owners can withdrawal all the funds from the contract. (665 points, 387 comments)
    6. On average, it's 59x cheaper to send an Ethereum transaction than a Bitcoin transaction. (484 points, 31 comments)
    7. Ethereum dapps expected to launch very soon. (395 points, 131 comments)
  8. 7472 points, 12 submissions: DCinvestor
    1. Personal Finance Rules for Being an Effective Holder (1303 points, 238 comments)
    2. Will Proof of Stake turn ETH into the best Store of Value coin? (1074 points, 142 comments)
    3. What can the earlier days of Bitcoin teach us about holding Ethereum? (626 points, 152 comments)
    4. How to Survive Crypto Investing (in this market, or in any market) (614 points, 121 comments)
    5. The Most Important Crypto Theses for 2018 (and my current feelings on this market) (604 points, 323 comments)
    6. A Re-evaluation of Ethereum as Long Term Investment (versus new market entrants) (593 points, 136 comments)
    7. It's time for investors to pursue quality, and to stop chasing shit (505 points, 89 comments)
    8. Coinbase is trending #1 on the Apple App Store (504 points, 39 comments)
    9. Switching from BTC to ETH (445 points, 219 comments)
    10. Is Ethereum Dead? Ask the Developers, not the Traders (424 points, 120 comments)
  9. 7445 points, 6 submissions: ScienceGuy9489
    1. New price target $1,000 (2996 points, 504 comments)
    2. I heard you guys miss me, looks like we're only going up from here (2102 points, 652 comments)
    3. Technical Analysis, Liftoff Due June 16th (755 points, 1034 comments)
    4. I predicted the last two liftoffs, the next one is by May 24th. (727 points, 534 comments)
    5. I predicted the last 3 liftoffs, this is a situation update (504 points, 460 comments)
    6. I predicted the last 3 lifts offs, the next one is by May 29th (361 points, 470 comments)
  10. 7410 points, 11 submissions: BeerBellyFatAss
    1. Bitfinex now trades all pairs against ETH. It’s time for Binance and the rest of the exchanges to do so as well. (2257 points, 220 comments)
    2. Number of Users on Coinbase Surpasses Number of Brokerage Accounts at Charles Schwab (822 points, 63 comments)
    3. Omise signed an agreement on the development of a national ID utilizing the ETDA and block chains of Thailand government agencies! We will continue to work on a number of projects that utilize block chains! (789 points, 113 comments)
    4. Catalonia Considering Cryptocurrency Post-Independence, Advised By Ethereum Creator (507 points, 74 comments)
    5. Germany’s Largest Bitcoin Trading Platform Will Soon Add Etheruem (499 points, 46 comments)
    6. Olaf Carlson - On Bloomberg Technology (12/01) - Ethereum to Surpass Bitcoin Market Cap by YE 2018 - Great Interview! (483 points, 150 comments)
    7. Casper is Pretty Close, Sharding Number One Priority Says Vitalik Buterin (467 points, 79 comments)
    8. "Ethereum, which I think just touched $500 or is getting close, could be triple where it is as well" - Michael Novogratz (446 points, 106 comments)
    9. Ethereum was a safe haven from yesterday's cryptocurrency sell-off — and not for the first time (416 points, 45 comments)
    10. GOLDMAN: 'It's getting harder for institutional investors to ignore cryptocurrencies' (372 points, 35 comments)
  11. 7378 points, 5 submissions: EthTrader_Mod
    1. [ETH Daily Discussion] - 22/May/2017 (4029 points, 10547 comments)
    2. Daily Discussion [Serious] - 16/Jun/2017 (1359 points, 4550 comments)
    3. [ETH Daily Discussion] - 28/May/2017 (684 points, 3361 comments)
    4. [ETH Daily Discussion] - 04/Jun/2017 (654 points, 3894 comments)
    5. [ETH Daily Discussion] - 29/May/2017 (652 points, 4675 comments)
  12. 7075 points, 13 submissions: Mr_Yukon_C
    1. This is what leadership looks like -- I present to you, CFTC Chairman Giancarlo (831 points, 45 comments)
    2. Millennials are afraid stocks are too risky, so they're investing in crypto (787 points, 240 comments)
    3. OmiseGo Becomes the First Ethereum Unicorn With a Market Cap of $1 Billion (760 points, 157 comments)
    4. AMERICANS: Kill bill 1241 • ethereum (697 points, 66 comments)
    5. Microsoft – Decentralized Digital Identities and Blockchain – The Future as We See It. [Building on Ethereum] (643 points, 87 comments)
    6. Scaling Ethereum to hundreds to thousands of transactions per second - TODAY! (513 points, 47 comments)
    7. Brian Armstrong (Coinbase CEO): "Bitcoin still has a black mark against it if you look at what big banks or more traditional folks in law enforcement think. Ethereum has a blank slate, and that is a chance to reach a mainstream audience." (471 points, 121 comments)
    8. Joseph Lubin: 5.6bil requests a day for @infura_io, >280k downloads for @trufflesuite, and a jaw-dropping 1 million installs for @metamask_io (455 points, 83 comments)
    9. Alpha Casper FFG Testnet Instructions - HUGE! (420 points, 54 comments)
    10. The 0x team donated ~$12,000 to Etherscan and ~$22,000 to MyEtherWallet (399 points, 28 comments)
  13. 6809 points, 8 submissions: thepipebomb
    1. CNBC: Why buy Ethereum? (1519 points, 146 comments)
    2. CNBC - "I love Ethereum, I think Ethereum is the one to own here." (1240 points, 158 comments)
    3. CNBC: This is an incredible buying opportunity for Ethereum (989 points, 181 comments)
    4. Please boycott Vinny Lingham's Civic ICO (896 points, 200 comments)
    5. Pantera Capital Quantitative Researcher: By 2020 Ethereum's market cap will be 10x higher than Bitcoin's (745 points, 155 comments)
    6. When is $10,000 per ETH realistic? (504 points, 491 comments)
    7. Brian Kelly of CNBC on investing in Ethereum (496 points, 131 comments)
    8. Kevin O'Leary: NYC hotel wants to use a $400 million cryptocoin offering to sell ownership like a stock (420 points, 135 comments)
  14. 6621 points, 11 submissions: jtnichol
    1. Joseph Lubin on Twitter: "#Bitcoin = A single app. #Ethereum = An entire app store. Thanks for having me on @BloombergTV, always a pleasure. https://t.co/LXKX8cF8BR" (1209 points, 89 comments)
    2. Microsoft helps launch world’s first blockchain-based investment product: settled on the public Ethereum chain. (923 points, 84 comments)
    3. This room feels like Q4 2016 all over again (768 points, 264 comments)
    4. Massive heap of rhetoric. But it needs to be said. (544 points, 239 comments)
    5. Friday Donut Day. (535 points, 53 comments)
    6. We're rocketing up in subscribers. Wow! (+1,160 subscribers today; 164% trend score) • TrendingReddits (519 points, 58 comments)
    7. Vitalik Buterin on Twitter: Plasma implementations are already happening (490 points, 77 comments)
    8. Unlisted Video Message just for Ethtrader - Thanks for helping someone on Reddit yesterday struggling with life. (475 points, 80 comments)
    9. For all the drama lately I've made you some comfort food. I love you Ethtrader. Whale sized BLT's with a quart of Bloody Mary. (390 points, 87 comments)
    10. Vitalik Buterin on Twitter: "Scalability research and development subsidy programs: https://t.co/PwbkdUHbZS" (387 points, 40 comments)
  15. 6224 points, 7 submissions: Butta_TRiBot
    1. Vitalik Buterin: If all that we accomplish is lambo memes and immature puns about "sharting", then I WILL leave. (2170 points, 434 comments)
    2. Vitalik Buterin: In my opinion, the current sharding spec as described is already good enough to get us to thousands of transactions per second (1549 points, 191 comments)
    3. Inflation rate will go down by ~90% with Casper and Sharding (3 ETH block reward -> 0.22ETH) (694 points, 217 comments)
    4. "Casper Testnet up right now and Sharding will come sooner than you think" - Karl Floersch [41:02] (507 points, 45 comments)
    5. Vitalik on Wechat: We have started developing a test version of Ethereum with sharding using python (447 points, 79 comments)
    6. The reason I invested in Ethereum - motivated developers who even spend their free time explaining the tech (433 points, 79 comments)
    7. Congrats to @naterush1997 and @dannyryan for releasing v0.2 of the cbc Casper prototypes, last night! (424 points, 43 comments)
  16. 6206 points, 1 submission: PaulieVideos
    1. Dips are just happy little accidents (6206 points, 214 comments)
  17. 6106 points, 2 submissions: moneyfink
    1. It's one of the biggest moments of your life... what to wear? (5607 points, 487 comments)
    2. Reminder: HODL and don't be like this guy (499 points, 84 comments)
  18. 5355 points, 4 submissions: shouldbdan
    1. Every day I check the price when I wake up (3047 points, 105 comments)
    2. Me reading the daily during downtrends (810 points, 78 comments)
    3. A thank you, to everyone working countless hours to solve the scaling problem (758 points, 112 comments)
    4. HODLing Bitcoin vs HODLing Ether (740 points, 70 comments)
  19. 5075 points, 4 submissions: antiprosynthesis
    1. ETH price has just entered the bottom of a new channel. Next level of resistance well over $2,000. (2055 points, 493 comments)
    2. The Ethereum blockchain now processes about as much USD value as all other blockchains combined, including Bitcoin. (1296 points, 135 comments)
    3. ETH price in one year: between $700 and $14,000, averaging around $3,500. (1056 points, 543 comments)
    4. Legally Binding Smart Contracts? 9 Law Firms Join Enterprise Ethereum Alliance (668 points, 122 comments)
  20. 4617 points, 1 submission: shadow_op
    1. I'm a longterm hodler, but even i hate this sub sometimes. (4617 points, 292 comments)
  21. 4602 points, 6 submissions: brantlymillegan
    1. Seinfeld gives trading advice in a bear market (1142 points, 94 comments)
    2. Let's be honest, this is most of us here on /ethtrader... (1106 points, 63 comments)
    3. The Flippening is back on: 51.9% ETH/BTC mk ratio and climbing! (1024 points, 141 comments)
    4. The most popular trade on ShapeShift right now is BCH to ETH (519 points, 52 comments)
    5. Jerry & George give /ethtrader advice to traditional traders (434 points, 58 comments)
    6. The most popular trade on ShapeShift right now is BTC -> ETH (377 points, 43 comments)
  22. 4558 points, 5 submissions: CallMeGWei
    1. Ethereum's µRaiden - Bitcoin is Falling Behind (1206 points, 191 comments)
    2. Crypto: The Wrong Bubble? (1162 points, 484 comments)
    3. ICOs: Avoid The Lemons (849 points, 69 comments)
    4. Vitalik Buterin: To be clear, the operative word here is "all". No, I won't stop or slow working on crypto just because price memes and stupid jokes exist... (751 points, 88 comments)
    5. CryptoKitties slows Ethereum down... temporarily... (590 points, 75 comments)
  23. 4395 points, 5 submissions: jonesyjonesy
    1. Upvote if you think ethtrader should create a community rating service for ICOs (1931 points, 173 comments)
    2. Only a matter of time before people wake up and realize the gravity of Circle acquisition. Leaked photo reveals Poloniex is now 1) ATS certified and 2) the first ever US regulated crypto exchange. Amazing milestone for crypto's quest towards regulatory acceptance (819 points, 164 comments)
    3. Hey guess what? Gox caused the 2018 crash. Here's how. (693 points, 240 comments)
    4. EthTrader's reaction when they see ScienceGuy is back posting liftoff predictions (529 points, 48 comments)
    5. To anyone who is doubting EOS is offloading their ETH for fiat (423 points, 297 comments)
  24. 4321 points, 3 submissions: c0mm0ns3ns3
    1. UPVOTE if you're sick of KRAKEN's performance! (3011 points, 369 comments)
    2. How about we get Vitalik NOT on Joe Rogan etc. and leave him alone (762 points, 74 comments)
    3. Dear Exchanges, it's time to unpair everything from Bitcoin! (548 points, 138 comments)
  25. 4102 points, 1 submission: DAXEEY
    1. Literally.. (4102 points, 164 comments)
  26. 4027 points, 1 submission: saintmax
    1. Ethereum is UP since last month! Can we get this post to all to show everyone the tides are turning quickly (4027 points, 194 comments)
  27. 3903 points, 3 submissions: PhiStr90
    1. Enterprise Ethereum Alliance Becomes World’s Largest Open-source Blockchain Initiative (2690 points, 312 comments)
    2. Hewlett Packard Enterprise and 47 Organizations Join 200-Member Strong Enterprise Ethereum Alliance (846 points, 113 comments)
    3. Ethereum is now for the first time the blockchain with highest mining incentive or simply put 'the most secured' (367 points, 52 comments)
  28. 3811 points, 3 submissions: onenessup
    1. "If you are new to #blockchain (s) and you wonder which of the top 100 from coinmarketcap will win - you should realize that 43 of those 'coins' are ON the Ethereum blockchain." (2557 points, 167 comments)
    2. Casper (Proof of Stake) Code was Published Today by Vlad Zamfir (899 points, 249 comments)
    3. Germany's Largest Crypto Exchange To Begin ETH/EUR Trading (355 points, 36 comments)
  29. 3772 points, 3 submissions: Jimmyl101
    1. TWICE IN THE SAME DAY??? (2179 points, 151 comments)
    2. HE'S BACK (1102 points, 71 comments)
    3. Please consider posting more memes. (491 points, 68 comments)
  30. 3743 points, 3 submissions: Hiphopsince1988
    1. Ethereum & the Hodlors that love them (2420 points, 282 comments)
    2. Metcalfs Law has 97% Correlation to ETHUSD Since 2015. Puts ETH value at $8,000 (960 points, 213 comments)
    3. Tweet: Bank of America Demo using its Ethereum app at Microsoft (363 points, 48 comments)
  31. 3677 points, 6 submissions: barthib
    1. Updated fact list: why Ethereum will be the most successful blockchain network (1028 points, 229 comments)
    2. The Ethereum Foundation just released an impressive list of 2017 achievements and work to flourish in 2018 (802 points, 30 comments)
    3. Overstock lets customers pay with more than 40 cryptocurrencies, including ETH (672 points, 111 comments)
    4. At the end of the year, the first official European investment fund in cryptocurrencies launches (ETH, BTC, LTC, ...) (423 points, 49 comments)
    5. Today is important in the History of cryptocurrencies. Miners earn now more money by securing Ethereum than Bitcoin. (378 points, 42 comments)
    6. Chairman of Fair Trade Commission of South Korea: Whether cryptocurrency investment is excessive speculation or not, the risk is on the investor, and thus the government should not outright ban economic activity because it is risky. That's for the individual investors to decide. (374 points, 20 comments)
  32. 3600 points, 1 submission: GHOSThit
    1. It happened! $1234.56! (3600 points, 147 comments)

Top Commenters

  1. csasker (9957 points, 970 comments)
  2. OperationNine (9563 points, 506 comments)
  3. cyoreligion (9218 points, 516 comments)
  4. thepipebomb (9182 points, 494 comments)
  5. jtnichol (8874 points, 741 comments)
  6. econoar (8732 points, 669 comments)
  7. Nooku (8475 points, 442 comments)
  8. DCinvestor (8394 points, 425 comments)
  9. cutsnek (7614 points, 521 comments)
  10. antiprosynthesis (7103 points, 843 comments)
  11. Mr_Yukon_C (5748 points, 473 comments)
  12. dillllllzzzzz (5707 points, 426 comments)
  13. oldskool47 (5688 points, 414 comments)
  14. IRefuseToGiveAName (5461 points, 427 comments)
  15. loveYouEth (5369 points, 288 comments)
  16. subdep (5231 points, 326 comments)
  17. laughncow (5071 points, 372 comments)
  18. ruvalm (4955 points, 290 comments)
  19. ethacct (4937 points, 340 comments)
  20. skYY7 (4929 points, 297 comments)
  21. Libertymark (4810 points, 954 comments)
  22. shouldbdan (4809 points, 291 comments)
  23. blog_ofsite (4609 points, 408 comments)
  24. OM3N1R (4549 points, 314 comments)
  25. Enigma735 (4504 points, 478 comments)
  26. pinastri (4457 points, 305 comments)
  27. myownman (4334 points, 402 comments)
  28. WeLiveInaBubble (4201 points, 342 comments)
  29. aItalianStallion (4162 points, 307 comments)
  30. jezzaccc (4116 points, 310 comments)
  31. ninethirtyone (4075 points, 346 comments)
  32. leafac1 (3826 points, 206 comments)

Top Submissions

  1. Everytime Bitcoin drops by Pracy_ (16379 points, 358 comments)
  2. Here you go by _Mido (9778 points, 318 comments)
  3. Welcome to ethtrader new people, let me save you some time by Justjoshmygosh (7350 points, 369 comments)
  4. Dips are just happy little accidents by PaulieVideos (6206 points, 214 comments)
  5. It's one of the biggest moments of your life... what to wear? by moneyfink (5607 points, 487 comments)
  6. I'm a longterm hodler, but even i hate this sub sometimes. by shadow_op (4617 points, 292 comments)
  7. Literally.. by DAXEEY (4102 points, 164 comments)
  8. [ETH Daily Discussion] - 22/May/2017 by EthTrader_Mod (4029 points, 10547 comments)
  9. Ethereum is now processing more transactions a day than all other cryptos combined. by econoar (4027 points, 476 comments)
  10. Ethereum is UP since last month! Can we get this post to all to show everyone the tides are turning quickly by saintmax (4027 points, 194 comments)

Top Comments

  1. 1709 points: Blactory's comment in Everytime Bitcoin drops
  2. 1351 points: deleted's comment in It's one of the biggest moments of your life... what to wear?
  3. 1298 points: dwy0818's comment in Been in a coma for 23 days, about to check my portfolio
  4. 1170 points: Butterfly_Lags's comment in New price target $1,000
  5. 1110 points: mikewirkijowski's comment in Here you go
  6. 1053 points: phigo50's comment in My wife just talked me out of selling $10,000 eth
  7. 953 points: PcChip's comment in Vitalik Buterin: If all that we accomplish is lambo memes and immature puns about "sharting", then I WILL leave.
  8. 869 points: deleted's comment in Ethereum is UP since last month! Can we get this post to all to show everyone the tides are turning quickly
  9. 832 points: BroKing's comment in It's one of the biggest moments of your life... what to wear?
  10. 829 points: khalo_'s comment in Welcome to ethtrader new people, let me save you some time
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How to get TestNet Bitcoins for BitMEX Demo Account Daily Bitcoins/Testnet Coins Buying Tip - How To Buy Bitcoin Testnet Coins Online - Day 1 Creating a Local Bitcoin Testnet / Regtest - Programming ... A beer payed with testnet coins on Lightning Networks at ROOM 77 IN berlin Dock Coin (DOCK) Price Prediction  Testnet Sooon  By Crypto Asia

MultiVAC testnet’s average block generating time is approximately 8 to 10 seconds. In comparison, Ethereum takes 15 seconds and Bitcoin, 10 minutes. In last year’s lab testing, MultiVAC reached at a peak of 30,784 TPS in a network comprised of 64 shards and 12,800 nodes, which was an outstanding performance. The whole network also achieved ... Along with this, the users had to redeem all the burnt coins in one go. If a user burnt 20 coins, he would have to redeem all 20 coins. The Lelantus testnet has fixed both problems in its burn-and-redeem model. The users can now burn any amount of coins and can choose to partially redeem the burnt coins. Additionally, the transaction ... The Different Types of Bitcoin Wallets. Before we get started, let’s go over the different types of Bitcoin wallets. There some new terms coming up but don’t freak out! We’ve made this guide simple and easy so that even the cryptocurrency newbies will walk away experts. There are three types of Bitcoin wallets: hardware, software, and paper. Hardware wallets are physical wallets with ... Supported Cryptocurrencies– It supports more than 1000+ coins and tokens including Bitcoin, Bitcoin Cash, Bitcoin Gold, Ehtereum, Ethereum Classic, Litecoin, Dogecoin, Zcash, Dash, Expanse, Ubiq, NEM, ERC-20 Tokens, Namecoin, Bitcoin Testnet and the like. Get complete Trezor supported coins list here. Trezor next generation wallets Trezor Model T – Next generation hardware wallet. The ... One of the known and dependable faucets can be found at Bitcoin TestNet Sandbox. Electrum works in a similar way just like Testnet, in order to run it put Electrum in a Testnet mode. back to menu ↑ Testnet mode. Electrum has a Testnet mode and using Testnet mode is quite easy, some features are different depending on the operating system. You need to make an operating system-specific ...

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How to get TestNet Bitcoins for BitMEX Demo Account

@Roastbeef payed it. Luke Jr, Anton Yemelianov, Matt Corallo, Eric Lombroso, Giacomo Zucco, ThomasV and Andrea Schildbach were there too. This begins a 5 part series on buying Testnet Coins, Bitcoins in general and more! Site referred to is http://testnetcoins.com. Dock Coin (DOCK) Price Prediction Testnet Sooon By Crypto Asia Join Telegram Group: https://bit.ly/2BRobx8 Support Us Bitcoin Address 18wBRxmYspWZGfWXjkU... Bitcoin für Anfänger einfach erklärt! [auf Deutsch] Bitcoin-Börse (erhalte 10€ in BTC) https://finanzfluss.de/go/bitcoin-boerse *📱 Sicheres Bitcoin-Wallet... Here is how to deposit free bitcoins to your BITMEX Testnet account to play out some trade strategies. See more at http://zentrade.online/bitmex-trading-stra...

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