cryptocurrency

cross-posted from: https://realbitcoin.cash/post/40532

Electron Cash wallet with CashFusion - https://electroncash.org/

Stealth addresses represent a significant step forward in the push for greater privacy on Ethereum. By concealing transaction details and allowing users to send and receive funds without revealing their identities, ERC-5564 and ERC-6538 enhance blockchain security and usability. However, challenges like potential centralization risks and transaction fee limitations must be addressed for widespread adoption.

• https://research.2077.xyz/erc-5564-erc-6358-unlocking-privacy-on-ethereum-with-stealth-addresses

cross-posted from: https://realbitcoin.cash/post/31779

Pump.Fun is a token launchpad which allows anyone to simply create their own token which then is issued by a smart contract to anyone who wishes to purchase. After 80% has purchased the remainder is added as liquidity on a DEX. The creator of the token also get a reward.

This concept has been ported over to Bitcoin Cash showcasing the advanced smart contract capabilities of Bitcoin.

Have a look @ https://bchpump.cash/pump

The tokens get deployed on Cauldron DEX https://app.cauldron.quest/

cross-posted from: https://realbitcoin.cash/post/16274

"To ensure full compliance with these new regulations, we needed to act immediately..... removal of the DEX and bridge features from Komodo Wallet"

🚨 Make sure to remove all your funds and stop using this platform! Let's show them this is not OK. 🚨

cross-posted from: https://realbitcoin.cash/post/8564

The digital revolution hasn't just brought transformative innovations; it has also presented significant challenges to the cryptocurrency world. With Google's recent launch of the Willow quantum chip, a crucial question emerges: what is the true impact of quantum computing on the security of Bitcoin and other cryptocurrencies? This concern has mobilized experts and developers in search of solutions to ensure the continuity and security of the crypto ecosystem.

cross-posted from: https://monero.town/post/5362939

P2P Economy

• A Peer-to-Peer Electronic Cash System.

As we all know, Bitcoin, the origin of blockchain, is widely recognized as the most decentralized blockchain and the most valuable cryptocurrency. However, few people realize that in the Bitcoin whitepaper, Satoshi Nakamoto never mentioned “blockchain” nor “decentralization.” Instead, he used the term “peer-to-peer” (P2P), even placing it directly in the title — “Bitcoin: A Peer-to-Peer Electronic Cash System.”

A P2P service is a decentralized platform whereby two individuals interact directly with each other without a third-party intermediary. When we return to first principles and rethink what blockchain truly is, one straightforward explanation comes to mind — blockchain is essentially a P2P network.

The truth is, what we refer to as “on-chain” is actually the consensus layer built on top of the P2P network. However, many business processes don’t need to be on-chain and rely on the consensus layer; they can be handled directly at the P2P network layer. For example, if Alice wants to pay Bob, the ideal way would be for Alice to send the money directly to Bob in a peer-to-peer manner rather than through unnecessary intermediaries (e.g., consensus validators or block producers). This approach is not only faster but also naturally provides privacy protection.

Moreover, building applications at the P2P network layer avoids performance bottlenecks and high transaction fees, enabling the creation of truly useful applications that can achieve mass adoption.

1. The P2P Economy addresses real-world problems with genuine user demand and practical application scenarios (e.g., P2P payment, decentralized storage). This has been thoroughly proven for years rather than being an imaginary need. It can truly create value rather than merely providing tools for speculation.

2. In the P2P Economy, most business logic does not need to be on-chain, eliminating performance bottlenecks and transaction fee issues. As a result, the user experience is greatly improved, making mass adoption more likely.

3. The P2P Economy uses stablecoin payments, making it easy for users to understand and convenient for participants to evaluate service costs and revenue. The use of stablecoins also weakens the speculative narrative of token issuance.

👍 Read the entire article: hackernoon.com - p2p economy blockchain renaissance

cross-posted from: https://realbitcoin.cash/post/208

Continuing the series, here’s my yearly recap article of everything important that happened in Bitcoin Cash over the last year.

Everyone, including you, should withdraw their XMR Monero to their own wallet. Providers like Kraken can switch off the support of XMR Monero, as they have already done in many regions of the world, e.g. the entire European Union!

• Create Your Monero Wallet
• Verify your Kraken account: Make certain that your Kraken account is fully checked out. This includes sending proof of identity and proof of where you live.
• Go to the section that says “Withdrawal”. Find the “Funding” tab at the top of the page after you’ve logged in. Then click on it and choose “Withdraw.”
• Choose XMR as the currency you want to withdraw.
• Add Your Withdrawal Address: Copy&Paste the address of your wallet
• Confirm Your Withdrawal Address by email or with your authenticator app
• Choose how much to withdraw
• Submit your withdrawal request
• it could take a while for the transaction to be confirmed

inspired by How to withdraw XMR from Kraken?-

Hijacking Bitcoin is an eye-opening book by one of the most prominent Bitcoin entrepreneurs and evangelists, Roger Ver.

Roger gave me permission to use excerpts from the book, and while I originally planned to create a shorter version, the content of the book is so well-structured that as I worked, I kept adding more.

Roger Ver presents a compelling case for how Bitcoin was captured, with its original vision distorted and its disruptive potential diminished.

Hijacking Bitcoin is undoubtetly a valuable read for anyone interested in cryptocurrencies and the underlying technology.

You can find Roger Ver's book on: www.hijackingbitcoin.com/

Petition (important): https://www.change.org/p/roger-ver-a-cryptocurrency-pioneer-deserving-justice-and-freedom

Please share this with anyone who still thinks the LN is a workable solution. This video will elegantly dismantle any idea that LN is somehow a good solution.

The real Bitcoin is gaining ground on the impostor in usage.

https://coin.dance/

They already confirmed in X they are not interested in their words "shitcoins"

https://x.com/ProtonWallet/status/1816108710386647344

The validation for Idena is tomorrow. Participating in the validation will earn you the right mine iDNA which doesn't require any specialized hardware or purchasing any token.

Idena is a proof-of-personhood blockchain enabling digital democracies (one human = one vote) in a privacy preserving way (no biometrics and no KYC required).

You can create an account at https://app.idena.io/ and join a network of 1,800+ participants.

The FIT21 bill (H.R. 4763) was just passed by the House. I still have to do more research on it but my current sentiment is that it’s a win for crypto.

My understanding of the bill:

• It will prevent FTX-style robberies by regulating CEXs as brokers.
• It sets a definition for what a decentralized digital asset is.
• It makes DeFi, validators/miners out of reach of the SEC or CFTC.
• It guarantees the right to self-custody.
• It introduces the concept of investment contracts for digital assets.

I think the biggest changes we can expect from this bill is that some less decentralized blockchains are going to either get rid of some of their tokens supply either by selling or burning them so they aren’t considered a security.

I’m not sure what the implications of the investment contract provision will be. The dems are claiming that it will lead to the collapse of the financial system.

IMO, this bill is the win for:

• Digital assets that meet the decentralization test
• The DeFi ecosystem
• Validators/Miners
• Self-custody
• Keeping devs and innovation in the US 🇺🇸

It is a loss for:

• SBF-style fraudsters
• Potentially TradeFi although I’m unclear on that one

The bill doesn't mention anything about privacy or mixing technology but it's probably good for those since the right to self-custody is made clear.

The bill: https://rules.house.gov/sites/republicans.rules118.house.gov/files/RCP_H4763_xml%20%28003%29.pdf

Insightful interview of Steven Nerayoff (one of the Ethereum founder) by Aaron Day. Some information are so insane that I had to double check their veracity and while I still have to do more in-depth research, I wasn’t able to poke holes in Nerayoff’s story. Definitely worth a listen.

https://www.youtube.com/live/DJ4tw6XNJVs

cross-posted from: https://monero.town/post/3145550

Tari XTM is the new PoW asics-resistant Privacy coin by Fluffypony. This is the link for the Airdrop game. Live since May 14, 2024.

Merge-Mining XMR has already been implemented. All you have to do is enter your Monero address with the miner.