The Dow fell 632.42, or 2.25%, to 27,500.89, the Nasdaq lost 465.944, or 4.11%, to 10,847.69, and the S&P 500 declined 95.12, or 2.78%, to 3,331.84. The major averages were sharply lower in Tuesday's trading, picking up where they left off before the long holiday weekend. Tech once again was leading the charge lower, with the Nasdaq the laggard among the major averages. Today's selling was largely a continuation of last week, but unlike Friday, buyers appeared unwilling to buy the dip. Tesla's 21% decline was a drag on the Nasdaq, while Apple's 7% decline pressured the large-cap indices and the S&P 500 information technology sector (-4.6%). The energy (-3.7%) and financials (-2.6%) sectors followed suit amid weaker oil prices ($36.76/bbl, -2.94, -7.4%) and lower Treasury yields, while the utilities sector (-0.6%) declined the least. Besides concerns that the market's pullback had more room to go, investors had to contend with Democratic leadership rebuffing the Senate's $300 billion coronavirus relief bill, President Trump suggesting disincentives for U.S. companies to outsource jobs to China, and reports that China's largest semiconductor foundry could be added to a trade blacklist. Production problems at a BA 787 Dreamliner factory have prompted air-safety regulators to review quality-control lapses potentially stretching back almost a decade, The Wall Street Journal reported over the weekend. This morning, Boeing said in a statement to media outlets that inspections stemming from production problems of its 787 Dreamliners are slowing deliveries. AAPL announced an event, to be held from Apple Park on September 15, without offering details on the nature or contents of the meeting. Bloomberg is reporting the event will be focused on the iPad, not the company's new iPhone models. The prospect of potential retaliation on U.S. semiconductor companies was an additional drag on the Philadelphia Semiconductor Index (-4.7%). Separately, Boeing (BA 161.08, -9.97, -5.8%) provided a disappointing update, saying 787 Dreamliner production problems have slowed the pace of deliveries. Among the noteworthy gainers was NKLA, which surged +40.8% after GM, +7.9% formed a strategic partnership that was well-received by investors. WDIS, +1.7% was upgraded to Buy from Hold at Deutsche Bank. Among the notable losers was CRBP, which fell 74% after its RESOLVE-1 Phase 3 study did not meet its primary endpoint. Also lower was ACMR, which declined 26% after Needham analyst N. Quinn Bolton downgraded the stock to Hold from Buy, saying that the company's business outlook could weaken due to its "material exposure" to Chinese chip giant SMIC. The downgrade follows reports that the Pentagon proposed for SMIC to be added to U.S. government trade blacklist. U.S. Treasuries saw increased buying interest amid the decline in equities but closed off highs. The 2-yr yield declined two basis points to 0.14%, and the 10-yr yield declined four basis points to 0.68%. The U.S. Dollar Index rose 0.8% to 93.46. Oil prices were pressured by Saudi Aramco lowering its prices for buyers in Asia and the U.S. due to sluggish demand. Elsewhere, Stoxx 600 provisionally closed over 1% lower, with the tech sector falling another 2% as almost all sectors and major bourses fell into negative territory. Stocks in Asia-Pacific were higher on Tuesday, as Japan released revised gross domestic product figures for the second quarter.
The U.S. Dollar Index climbed 0.8% to 93.46, recording its sixth consecutive advance. In emerging markets, Turkey’s lira hit another record low and Russia’s rouble sagged to its lowest since April amid ongoing talk about fresh Western sanctions.
EUUSD: -0.3% to 1.1777
GBP/USD: -1.3% to 1.2988
USD/CNH: +0.3% to 6.8537
USD/JPY: -0.2% to 106.03
Treasuries overtook their opening levels as the stock market opened for the day, but the buying pressure faded shortly thereafter, allowing Treasuries to inch back to their starting levels as the day went on. Today's $50 bln 3-yr note auction was met with lukewarm demand but Treasuries of most tenors remained near their midday levels into the close.
2-yr: -2 bps to 0.14%
3-yr: -1 bp to 0.17%
5-yr: -3 bps to 0.27%
10-yr: -4 bps to 0.68%
30-yr: -5 bps to 1.42%
WTI crude futures settled sharply lower by 7.4%, or $2.94, to $36.76/bbl. Prices were pressured by Saudi Arabia reducing October prices for buyers in Asia and the U.S. Gold futures settled $8.90 higher (+0.5%) to $1,943.20/oz, recouping earlier declines, as pressure from equities pushed investors into the yellow metal. Gold’s gains came despite a stronger dollar, which rose 0.7% against rivals. Investors are now awaiting an ECB policy meeting due on Thursday, while the U.S. Federal Reserve’s next meeting is scheduled for next week.
WTI crude: -7.4% to $36.76/bbl
Gold: +0.5% to $1943.10/ozt
Copper: -1.3% to $3.023/lb
Bitcoin is again proving itself to be a bit too correlated with financial markets for comfort, continuing to slide right alongside stocks.
Bitcoin: $10,035.96 (24hr: -1.15%)
Ethereum: $337.05 (24hr: -2.62%)
Ripple: $0.23 (24hr: -0.06%)
FAAMG + some penny stocks +20.9% YTD
Spoos +3.1% YTD
Old man -3.6% YTD
Russy -9.7% YTD
In COVID-19 news, Florida reported 650,092 cases of the virus versus 648,269 the previous day, while California reported a 2,676 increase in cases from the prior day. The CEOs of AZN, BNTX, GSK, JNJ, MRK, MRNA, NVAX, PFE and SNY announced a pledge, outlining a "united commitment to uphold the integrity of the scientific process as they work towards potential global regulatory filings and approvals of the first COVID-19 vaccines." The statement reads in part: "We, the undersigned biopharmaceutical companies, want to make clear our on-going commitment to developing and testing potential vaccines for COVID-19 in accordance with high ethical standards and sound scientific principles. The safety and efficacy of vaccines, including any potential vaccine for COVID-19, is reviewed and determined by expert regulatory agencies around the world, such as the United States Food and Drug Administration. FDA has established clear guidance for the development of COVID-19 vaccines and clear criteria for their potential authorization or approval in the US. FDA's guidance and criteria are based on the scientific and medical principles necessary to clearly demonstrate the safety and efficacy of potential COVID-19 vaccines. More specifically, the agency requires that scientific evidence for regulatory approval must come from large, high quality clinical trials that are randomized and observer-blinded, with an expectation of appropriately designed studies with significant numbers of participants across diverse populations...We believe this pledge will help ensure public confidence in the rigorous scientific and regulatory process by which COVID-19 vaccines are evaluated and may ultimately be approved. We believe this pledge will help ensure public confidence in the rigorous scientific and regulatory process by which COVID-19 vaccines are evaluated and may ultimately be approved." The companies also pledged to "only submit for approval or emergency use authorization after demonstrating safety and efficacy through a Phase 3 clinical study that is designed and conducted to meet requirements of expert regulatory authorities such as FDA."
Slack Technologies EPS beats by $0.03, beats on revenue. Reports paying customers of 130k +30%. Shares down by 15%.
Snowflake prices $75-85 IPO with Salesforce, Berkshire Hathaway set to buy
Lululemon slips after earnings beat, execs cautiously optimistic on back half
How To End The Cryptocurrency Exchange "Wild West" Without Crippling Innovation
In case you haven't noticed the consultation paper, staff notice, and report on Quadriga, regulators are now clamping down on Canadian cryptocurrency exchanges. The OSC and other regulatory bodies are still interested in industry feedback. They have not put forward any official regulation yet. Below are some ideas/insights and a proposed framework.
Typical securities frameworks will cost Canadians millions of dollars (ie Sarbanes-Oxley estimated at $5m USD/yr per firm). Implementation costs of this proposal are significantly cheaper.
Canadians can maintain a diverse set of exchanges, multiple viable business models are still fully supported, and innovation is encouraged while keeping Canadians safe.
Many of you have limited time to read the full proposal, so here are the highlights:
Effective standards to prevent both internal and external theft. Exchange operators are trained and certified, and have a legal responsibility to users.
Regular Transparent Audits
Provides visibility to Canadians that their funds are fully backed on the exchange, while protecting privacy and sensitive platform information.
Establishment of basic insurance standards/strategy, to expand over time. Removing risk to exchange users of any hot wallet theft.
Background and Justifications
Cold Storage Custody/Management After reviewing close to 100 cases, all thefts tend to break down into more or less the same set of problems: • Funds stored online or in a smart contract, • Access controlled by one person or one system, • 51% attacks (rare), • Funds sent to the wrong address (also rare), or • Some combination of the above. For the first two cases, practical solutions exist and are widely implemented on exchanges already. Offline multi-signature solutions are already industry standard. No cases studied found an external theft or exit scam involving an offline multi-signature wallet implementation. Security can be further improved through minimum numbers of signatories, background checks, providing autonomy and legal protections to each signatory, establishing best practices, and a training/certification program. The last two transaction risks occur more rarely, and have never resulted in a loss affecting the actual users of the exchange. In all cases to date where operators made the mistake, they've been fully covered by the exchange platforms. • 51% attacks generally only occur on blockchains with less security. The most prominent cases have been Bitcoin Gold and Ethereum Classic. The simple solution is to enforce deposit limits and block delays such that a 51% attack is not cost-effective. • The risk of transactions to incorrect addresses can be eliminated by a simple test transaction policy on large transactions. By sending a small amount of funds prior to any large withdrawals/transfers as a standard practice, the accuracy of the wallet address can be validated. The proposal covers all loss cases and goes beyond, while avoiding significant additional costs, risks, and limitations which may be associated with other frameworks like SOC II. On The Subject of Third Party Custodians Many Canadian platforms are currently experimenting with third party custody. From the standpoint of the exchange operator, they can liberate themselves from some responsibility of custody, passing that off to someone else. For regulators, it puts crypto in similar categorization to oil, gold, and other commodities, with some common standards. Platform users would likely feel greater confidence if the custodian was a brand they recognized. If the custodian was knowledgeable and had a decent team that employed multi-sig, they could keep assets safe from internal theft. With the right protections in place, this could be a great solution for many exchanges, particularly those that lack the relevant experience or human resources for their own custody systems. However, this system is vulnerable to anyone able to impersonate the exchange operators. You may have a situation where different employees who don't know each other that well are interacting between different companies (both the custodian and all their customers which presumably isn't just one exchange). A case study of what can go wrong in this type of environment might be Bitpay, where the CEO was tricked out of 5000 bitcoins over 3 separate payments by a series of emails sent legitimately from a breached computer of another company CEO. It's also still vulnerable to the platform being compromised, as in the really large $70M Bitfinex hack, where the third party Bitgo held one key in a multi-sig wallet. The hacker simply authorized the withdrawal using the same credentials as Bitfinex (requesting Bitgo to sign multiple withdrawal transactions). This succeeded even with the use of multi-sig and two heavily security-focused companies, due to the lack of human oversight (basically, hot wallet). Of course, you can learn from these cases and improve the security, but so can hackers improve their deception and at the end of the day, both of these would have been stopped by the much simpler solution of a qualified team who knew each other and employed multi-sig with properly protected keys. It's pretty hard to beat a human being who knows the business and the typical customer behaviour (or even knows their customers personally) at spotting fraud, and the proposed multi-sig means any hacker has to get through the scrutiny of 3 (or more) separate people, all of whom would have proper training including historical case studies. There are strong arguments both for and against using use of third party custodians. The proposal sets mandatory minimum custody standards would apply regardless if the cold wallet signatories are exchange operators, independent custodians, or a mix of both. On The Subject Of Insurance ShakePay has taken the first steps into this new realm (congratulations). There is no question that crypto users could be better protected by the right insurance policies, and it certainly feels better to transact with insured platforms. The steps required to obtain insurance generally place attention in valuable security areas, and in this case included a review from CipherTrace. One of the key solutions in traditional finance comes from insurance from entities such as the CDIC. However, historically, there wasn't found any actual insurance payout to any cryptocurrency exchange, and there are notable cases where insurance has not paid. With Bitpay, for example, the insurance agent refused because the issue happened to the third party CEO's computer instead of anything to do with Bitpay itself. With the Youbit exchange in South Korea, their insurance claim was denied, and the exchange ultimately ended up instead going bankrupt with all user's funds lost. To quote Matt Johnson in the original Lloyd's article: “You can create an insurance policy that protects no one – you know there are so many caveats to the policy that it’s not super protective.” ShakePay's insurance was only reported to cover their cold storage, and “physical theft of the media where the private keys are held”. Physical theft has never, in the history of cryptocurrency exchange cases reviewed, been reported as the cause of loss. From the limited information of the article, ShakePay made it clear their funds are in the hands of a single US custodian, and at least part of their security strategy is to "decline to confirm the custodian’s name on the record". While this prevents scrutiny of the custodian, it's pretty silly to speculate that a reasonably competent hacking group couldn't determine who the custodian is. A far more common infiltration strategy historically would be social engineering, which has succeeded repeatedly. A hacker could trick their way into ShakePay's systems and request a fraudulent withdrawal, impersonate ShakePay and request the custodian to move funds, or socially engineer their way into the custodian to initiate the withdrawal of multiple accounts (a payout much larger than ShakePay) exploiting the standard procedures (for example, fraudulently initiating or override the wallet addresses of a real transfer). In each case, nothing was physically stolen and the loss is therefore not covered by insurance. In order for any insurance to be effective, clear policies have to be established about what needs to be covered. Anything short of that gives Canadians false confidence that they are protected when they aren't in any meaningful way. At this time, the third party insurance market does not appear to provide adequate options or coverage, and effort is necessary to standardize custody standards, which is a likely first step in ultimately setting up an insurance framework. A better solution compared to third party insurance providers might be for Canadian exchange operators to create their own collective insurance fund, or a specific federal organization similar to the CDIC. Such an organization would have a greater interest or obligation in paying out actual cases, and that would be it's purpose rather than maximizing it's own profit. This would be similar to the SAFU which Binance has launched, except it would cover multiple exchanges. There is little question whether the SAFU would pay out given a breach of Binance, and a similar argument could be made for a insurance fund managed by a collective of exchange operators or a government organization. While a third party insurance provider has the strong market incentive to provide the absolute minimum coverage and no market incentive to payout, an entity managed by exchange operators would have incentive to protect the reputation of exchange operators/the industry, and the government should have the interest of protecting Canadians. On The Subject of Fractional Reserve There is a long history of fractional reserve failures, from the first banks in ancient times, through the great depression (where hundreds of fractional reserve banks failed), right through to the 2008 banking collapse referenced in the first bitcoin block. The fractional reserve system allows banks to multiply the money supply far beyond the actual cash (or other assets) in existence, backed only by a system of debt obligations of others. Safely supporting a fractional reserve system is a topic of far greater complexity than can be addressed by a simple policy, and when it comes to cryptocurrency, there is presently no entity reasonably able to bail anyone out in the event of failure. Therefore, this framework is addressed around entities that aim to maintain 100% backing of funds. There may be some firms that desire but have failed to maintain 100% backing. In this case, there are multiple solutions, including outside investment, merging with other exchanges, or enforcing a gradual restoration plan. All of these solutions are typically far better than shutting down the exchange, and there are multiple cases where they've been used successfully in the past. Proof of Reserves/Transparency/Accountability Canadians need to have visibility into the backing on an ongoing basis. The best solution for crypto-assets is a Proof of Reserve. Such ideas go back all the way to 2013, before even Mt. Gox. However, no Canadian exchange has yet implemented such a system, and only a few international exchanges (CoinFloor in the UK being an example) have. Many firms like Kraken, BitBuy, and now ShakePay use the Proof of Reserve term to refer to lesser proofs which do not actually cryptographically prove the full backing of all user assets on the blockchain. In order for a Proof of Reserve to be effective, it must actually be a complete proof, and it needs to be understood by the public that is expected to use it. Many firms have expressed reservations about the level of transparency required in a complete Proof of Reserve (for example Kraken here). While a complete Proof of Reserves should be encouraged, and there are some solutions in the works (ie TxQuick), this is unlikely to be suitable universally for all exchange operators and users. Given the limitations, and that firms also manage fiat assets, a more traditional audit process makes more sense. Some Canadian exchanges (CoinSquare, CoinBerry) have already subjected themselves to annual audits. However, these results are not presently shared publicly, and there is no guarantee over the process including all user assets or the integrity and independence of the auditor. The auditor has been typically not known, and in some cases, the identity of the auditor is protected by a NDA. Only in one case (BitBuy) was an actual report generated and publicly shared. There has been no attempt made to validate that user accounts provided during these audits have been complete or accurate. A fraudulent fractional exchange, or one which had suffered a breach they were unwilling to publicly accept (see CoinBene), could easily maintain a second set of books for auditors or simply exclude key accounts to pass an individual audit. The proposed solution would see a reporting standard which includes at a minimum - percentage of backing for each asset relative to account balances and the nature of how those assets are stored, with ownership proven by the auditor. The auditor would also publicly provide a "hash list", which they independently generate from the accounts provided by the exchange. Every exchange user can then check their information against this public "hash list". A hash is a one-way form of encryption, which fully protects the private information, yet allows anyone who knows that information already to validate that it was included. Less experienced users can take advantage of public tools to calculate the hash from their information (provided by the exchange), and thus have certainty that the auditor received their full balance information. Easy instructions can be provided. Auditors should be impartial, their identities and process public, and they should be rotated so that the same auditor is never used twice in a row. Balancing the cost of auditing against the needs for regular updates, a 6 month cycle likely makes the most sense. Hot Wallet Management The best solution for hot wallets is not to use them. CoinBerry reportedly uses multi-sig on all withdrawals, and Bitmex is an international example known for their structure devoid of hot wallets. However, many platforms and customers desire fast withdrawal processes, and human validation has a cost of time and delay in this process. A model of self-insurance or separate funds for hot wallets may be used in these cases. Under this model, a platform still has 100% of their client balance in cold storage and holds additional funds in hot wallets for quick withdrawal. Thus, the risk of those hot wallets is 100% on exchange operators and not affecting the exchange users. Since most platforms typically only have 1%-5% in hot wallets at any given time, it shouldn't be unreasonable to build/maintain these additional reserves over time using exchange fees or additional investment. Larger withdrawals would still be handled at regular intervals from the cold storage. Hot wallet risks have historically posed a large risk and there is no established standard to guarantee secure hot wallets. When the government of South Korea dispatched security inspections to multiple exchanges, the results were still that 3 of them got hacked after the inspections. If standards develop such that an organization in the market is willing to insure the hot wallets, this could provide an acceptable alternative. Another option may be for multiple exchange operators to pool funds aside for a hot wallet insurance fund. Comprehensive coverage standards must be established and maintained for all hot wallet balances to make sure Canadians are adequately protected.
Current Draft Proposal
(1) Proper multi-signature cold wallet storage. (a) Each private key is the personal and legal responsibility of one person - the “signatory”. Signatories have special rights and responsibilities to protect user assets. Signatories are trained and certified through a course covering (1) past hacking and fraud cases, (2) proper and secure key generation, and (3) proper safekeeping of private keys. All private keys must be generated and stored 100% offline by the signatory. If even one private keys is ever breached or suspected to be breached, the wallet must be regenerated and all funds relocated to a new wallet. (b) All signatories must be separate background-checked individuals free of past criminal conviction. Canadians should have a right to know who holds their funds. All signing of transactions must take place with all signatories on Canadian soil or on the soil of a country with a solid legal system which agrees to uphold and support these rules (from an established white-list of countries which expands over time). (c) 3-5 independent signatures are required for any withdrawal. There must be 1-3 spare signatories, and a maximum of 7 total signatories. The following are all valid combinations: 3of4, 3of5, 3of6, 4of5, 4of6, 4of7, 5of6, or 5of7. (d) A security audit should be conducted to validate the cold wallet is set up correctly and provide any additional pertinent information. The primary purpose is to ensure that all signatories are acting independently and using best practices for private key storage. A report summarizing all steps taken and who did the audit will be made public. Canadians must be able to validate the right measures are in place to protect their funds. (e) There is a simple approval process if signatories wish to visit any country outside Canada, with a potential whitelist of exempt countries. At most 2 signatories can be outside of aligned jurisdiction at any given time. All exchanges would be required to keep a compliant cold wallet for Canadian funds and have a Canadian office if they wish to serve Canadian customers. (2) Regular and transparent solvency audits. (a) An audit must be conducted at founding, after 3 months of operation, and at least once every 6 months to compare customer balances against all stored cryptocurrency and fiat balances. The auditor must be known, independent, and never the same twice in a row. (b) An audit report will be published featuring the steps conducted in a readable format. This should be made available to all Canadians on the exchange website and on a government website. The report must include what percentage of each customer asset is backed on the exchange, and how those funds are stored. (c) The auditor will independently produce a hash of each customer's identifying information and balance as they perform the audit. This will be made publicly available on the exchange and government website, along with simplified instructions that each customer can use to verify that their balance was included in the audit process. (d) The audit needs to include a proof of ownership for any cryptocurrency wallets included. A satoshi test (spending a small amount) or partially signed transaction both qualify. (e) Any platform without 100% reserves should be assessed on a regular basis by a government or industry watchdog. This entity should work to prevent any further drop, support any private investor to come in, or facilitate a merger so that 100% backing can be obtained as soon as possible. (3) Protections for hot wallets and transactions. (a) A standardized list of approved coins and procedures will be established to constitute valid cold storage wallets. Where a multi-sig process is not natively available, efforts will be undertaken to establish a suitable and stable smart contract standard. This list will be expanded and improved over time. Coins and procedures not on the list are considered hot wallets. (b) Hot wallets can be backed by additional funds in cold storage or an acceptable third-party insurance provider with a comprehensive coverage policy. (c) Exchanges are required to cover the full balance of all user funds as denominated in the same currency, or double the balance as denominated in bitcoin or CAD using an established trading rate. If the balance is ever insufficient due to market movements, the firm must rectify this within 24 hours by moving assets to cold storage or increasing insurance coverage. (d) Any large transactions (above a set threshold) from cold storage to any new wallet addresses (not previously transacted with) must be tested with a smaller transaction first. Deposits of cryptocurrency must be limited to prevent economic 51% attacks. Any issues are to be covered by the exchange. (e) Exchange platforms must provide suitable authentication for users, including making available approved forms of two-factor authentication. SMS-based authentication is not to be supported. Withdrawals must be blocked for 48 hours in the event of any account password change. Disputes on the negligence of exchanges should be governed by case law.
Continued review of existing OSC feedback is still underway. More feedback and opinions on the framework and ideas as presented here are extremely valuable. The above is a draft and not finalized. The process of further developing and bringing a suitable framework to protect Canadians will require the support of exchange operators, legal experts, and many others in the community. The costs of not doing such are tremendous. A large and convoluted framework, one based on flawed ideas or implementation, or one which fails to properly safeguard Canadians is not just extremely expensive and risky for all Canadians, severely limiting to the credibility and reputation of the industry, but an existential risk to many exchanges. The responsibility falls to all of us to provide our insight and make our opinions heard on this critical matter. Please take the time to give your thoughts.
https://soundcloud.com/user-807100315/hostinger-best-web-hosting-review Visit at- https://webhostingservice.home.blog/2019/06/02/hostinger-free/ There's no uncertainty that with regards to web hosting, Hostinger is just the least expensive choice accessible today, with costs beginning at $0.99 every month. No other organization figures out how to try and approach. A large portion of them offer a fundamental arrangement for multiple times the cost. Believing that it's unrealistic? It isn't. Yet, let me let you in on a little mystery at this moment. To get the best costs, you'll need to focus on Hostinger for quite a while. This would be a keen activity – if the administration is really extraordinary. Since your guests couldn't think less about the amount you pay for hosting. They do think about quick stacking speeds, and about really having the option to arrive at your site when they have to. They additionally need to realize that their own information will be secure and ensured. Could Hostinger offer that? I have my assessments; however I would not like to put together my audit with respect to my supposition alone. As Website Planet is accessible in various dialects, for some odd reason we have web hosting specialists dissipated everywhere on over the world. This was my brilliant chance to play out an enormous scope test, and I chose to do precisely that. We had 30 specialists join to Hostinger and dispatch a neighborhood form of our testing website in 30 distinct nations. They messed with each accessible element, observed stacking velocities and execution, and even besieged client care with questions. They contrasted the outcomes and other mainstream has, as SiteGround and InterServer. This speedy response to every one of our inquiries is that Hostinger performed strikingly well. In certain nations, similar to Russia, it came in at #4. In others, similar to Israel, Hostinger grabbed the #1 place. Peruse on for the long answer. I've point by point my full close to home involvement in Hostinger, and I'll disclose precisely how to take advantage of what the organization offers. To perceive how Hostinger looks at to different administrations, look at our rundown of the top web has. Everything an Amateur Needs With costs being as low as they may be, my restless character quickly recognized two zones where Hostinger may be attempting to pull one over on me: highlights and execution. Indeed, I'd love to pay half of what the contenders charge, yet I would prefer not to get just 50% of what they give. Fortunately, that wasn't the situation by any means, as Hostinger's arrangements incorporate all that I expected to get moving, from abundant assets to execution boosting apparatuses. Three shared hosting plans are accessible – Single, Premium, and Business. Each of the three works on head of Hostinger's own special control board, cPanel, which incorporates simple auto establishments of WordPress and many other substances the executive’s frameworks (CMS). I pursued the essential arrangement, which accompanied 10GB of plate space, 100GB of transfer speed, 1 email record, and backing for a solitary website. It's sufficient assets to construct an entirely good website – consider hundreds pages and a huge number of HD pictures. Certainly enough to grandstand your composition, innovativeness, items, administrations, or whatever you're anticipating hosting. The two progressed plans accompany boundless data transmission, boundless email accounts, and boundless websites. Some additional advantages that you won't get with the Single arrangement incorporate SSH access for you Linux-sharp designers, boundless sub domains, and boundless information bases. Programmed every day reinforcements are the one basic component that the fundamental arrangement needs, which means you'll need to perform reinforcements physically or buy the administration as a different extra. Hostinger has an intuitive website manufacturer by the name of Zyro, however it isn't accessible as a component of the hosting plans. Before we dive further into Hostinger's best highlights, a word on the VPS and cloud plans. Hostinger is above all else a mutual hosting supplier. Try not to be that person who goes to the best pizza joint around and requests pasta. There are has that represent considerable authority in VPS and cloud administrations – Fluid Web and Kinsta, for instance – and keeping in mind that Hostinger's contributions in the field aren't the most exceedingly terrible, there's no motivation to go for them. cPanel Has All the Fundamental Highlights, yet Does not have Some Serious Ones As I said previously, Hostinger has built up its own exclusive control board, which means you won't get the chance to play with the dearest cPanel that you know and love. What's that? You don't create enthusiastic connections to hosting control boards? All things considered, you're the bizarre one. At any rate, while cPanel used to be the standard control board you'd get with most has (counting Hostinger), things change. Because of some exhausting venture show that happened some time back, has have been exchanging boards left and right. cPanel is Hostinger's endeavor into the board world, and you'll see it furnished with all the treats you need. From simple auto establishments and DNS zones setups to email accounts, a record administrator, and MySQL information bases, it's all fundamentally the same as what cPanel offers. However, a few things are unique. For instance, auto establishments in cPanel are finished with Softaculous, which additionally lets you clone your site, set up an arranging variant, and even design a reinforcement plan. cPanel's Auto Installer works admirably at auto-introducing WordPress, yet does not have these valuable additional items. Progressed email highlights, such as mailing records, channels, and routings, are additionally absent from cPanel. Did I ever really use them myself when they were accessible to me? Truly, never. I don't know who does. Yet, that is cPanel for you – it probably won't be equipped for everything, except it's certainly enough for most clients. Amazing Reserving On account of the LiteSpeed Web Worker LiteSpeed isn't the physical metal worker, however the web worker innovation that Hostinger employments. It reliably positions as one of the quickest and most dependable web workers, beating the more seasoned Apache innovation that hosts like GoDaddy despite everything use. You won't need to successfully arrange it. Simply kick back and appreciate the first class execution it conveys, particularly for WordPress websites. What you can do, and assuredly ought to do, is initiate LiteSpeed's reserving capacity, known as LSCache. Sounds excessively specialized? Indeed, turning on the Programmed Store alternative basically summarizes it. Stored duplicates of your pages will be made, fundamentally slicing conveyance times to guests. Static pages, similar to business pages and portfolios, will profit by this significantly more. A SSL Declaration that you could conceivably be getting You need a SSL testament. Regardless of what you think and regardless of what anyone might've let you know – you need a SSL. Why? Since without a SSL authentication to scramble and secure your guests' information, the numerous wrongs prowling on the web will seek it. You'll not exclusively be taking a chance with your undertaking and your guests' wellbeing; however you'll additionally endure a shot on Google's rankings. Today, Hostinger furnishes a SSL with the entirety of its arrangements. In the metaphorical yesterday, which for my situation was only two or three months back, no testament was given. What will happen tomorrow is impossible to say. Hostinger regularly messes with its arrangement highlights, and I propose that you triple-check and ensure that a SSL is to be sure included with your arrangement. Realize that if a SSL is excluded, it's conceivable to buy one as a different extra. In any case, that shouldn't be the situation. All that Is All around Structured, however you’ll be under Consistent Assault from up sell Pop-Ups. Laying it out plainly, Hostinger's client experience specialists have designed an awesome interface and client venture, from information exchange to utilizing and dealing with your hosting. Thing is, Hostinger's business methodology depends on continually pushing you to overhaul and buy additional items. It's irritating, best case scenario, and confounding at the very least. Yet at the same time, the plans are unmistakably spread out, and all Hostinger requests on information exchange is your name, an email address, and a secret word. Yahoo for getting rid of all the insignificant data that different hosts are so enthused about gathering. Interfacing a Domain and Introducing WordPress In the wake of buying my arrangement, the time had come to associate a domain and introduce WordPress. I was given the choice to consequently introduce WordPress as a major aspect of the information exchange measure, however I decided to do it the normal way, utilizing the control board itself, to check how Hostinger's apparatuses contrast with what different hosts give. Presently, my domain was really included with the expectation of complimentary when I bought the Single arrangement, which means it was at that point associated with the hosting. Today, for reasons unknown, just the serious plans accompany a free domain. In the event that you wind up getting your domain name from another supplier, interfacing it is simple. Nameserver data is promptly accessible at the head of your hosting subtleties page, and you should simply duplicate glue them into your domain board. Shouldn't something be said about WordPress? I opened the Auto Installer instrument, picked WordPress as my CMS of decision, and entered the essential website subtleties. It was much easier than how Softaculous gets things done, and my new website was ready for action inside one moment. Dealing with Your Hosting with hPanel Is Simple We've secured the way toward getting your website on the web, however starting here on you'll despite everything use cPanel to make alters and changes to your hosting. Setting up an email account, running manual reinforcements, dealing with the information bases, and the sky is the limit from there, are largely possible through cPanel. How can everything contrast with getting things done with cPanel? Indeed, as I would like to think, it's out and out simpler. hPanel symbols are greater and better sorted out, the interface isn't as jumbled with additional alternatives that you'll never utilize, and the combination with Hostinger's different administrations (uphold, buying additional items, seeing charging) is consistent. All in all, would we be able to consider it an ideal usability experience? Actually no, not so much. The explanation, as I said previously, is that periodically your work process will be harmed by up sell pop-ups. Think rolling out a basic improvement to your DNS records, just to be welcomed with this: I didn't "Increase present expectations." I didn't really do anything aside from sign in. Yet, Hostinger is enthusiastic about pushing plan redesigns, and you'll need to consistently be set up to close down these endeavors, of which there are many. Don't count on the possibility that these pop-ups imply that you've by one way or another spent your assets and need to redesign. Pass on, It's the Quickest Common Hosting Administration We Tried Speed and uptime that is what I'm searching for. Tragically, shared hosting administrations will in general vacillate in these regions, no doubt. The explanation is that as the name infers, you're offering assets to numerous different clients and their websites – in some cases up to many others. It takes an extraordinary host to adjust everything and stay away from a bottleneck circumstance where everything's moderate and no one's cheerful. I'm extremely glad to report that Hostinger exceeded expectations in the presentation tests, yet it really surpassed each other shared host that we tried, including the top-level SiteGround, FastComet, and InMotion Hosting. The main two has that improved, and just barely, were the superior Fluid Web (Nexcess) and Kinsta. Incidentally, they can cost around 20 fold the amount of as Hostinger. Just to give you a thought of Hostinger's capacities, the normal stacking season of my completely fledged greeting page was an exceptional 1.56s, and uptime over a couple of long stretches of testing was as much as 99.99%, precisely as guaranteed. I'm going to nerd out and clarify the testing technique and the outcomes in detail, yet on the off chance that you needn't bother with all the specialized data, don't hesitate to avoid ahead to my encounters with Hostinger's help. I'll simply say it again – Hostinger's presentation shook. As I do with all hosts I test, I stretched out Hostinger the chance to streamline my website and make it quicker. This is something you can (and should) do too – simply approach uphold for help. The operator prompted that I update WordPress and PHP to their most recent forms, and introduce a couple of regular enhancement modules. I actualized the exhortation, and continued with testing. The testing itself was finished utilizing three apparatuses: GTmetrix Genius, the Sucuri Burden Time Analyzer, and Uptime Robot's Professional arrangement. The Dallas, TX, GTmetrix worker was utilized to quantify speed and advancement scores in the US. Sucuri was utilized for worldwide execution experiences, and Uptime Robot – who could have imagined – for following the website's uptime and accessibility online in rates. GTmetrix I ran various GTmetrix tests over a couple of months, totaled the outcomes, and determined the best, slowest, and normal paces. Hostinger indicated a promising normal stacking season of 1.56s. The best recorded time was 1.0s, and the slowest one was 1.9s. Not exclusively is the slowest stacking time well underneath the 3s imprint (where the majority of your guests will likely escape), however the normal scores demonstrate that Hostinger is as solid as anyone might imagine. You can see that score-wise, we're getting twofold Bs. That is totally satisfactory, yet in addition probably the most noteworthy score I found in my tests. The main thing left to do so as to get full scores is to improve the pictures further. Sucuri Burden Time Analyzer As with GTmetrix, I ran Sucuri tests on numerous occasions. Sucuri gives you the stacking speed results for some worldwide areas, and I determined the midpoints of the quickest area (which was obviously in the US, near my server farm), the slowest area (Bangalore, India – the opposite side of the world), and the worldwide normal. The normal for the quickest area was an incredible 0.177s, while even in old fashioned Bangalore the normal was good – 1.11s. The worldwide normal was 0.499s, which earned my website an A worldwide position. Frankly? I was shocked by these numbers. A worldwide normal of 0.499s is unfathomable for a common host, and everything I did to "streamline" my site was introduce a couple modules. There wasn't so much as a CDN (Content Conveyance System) dynamic. That is LiteSpeed and LSCache for you, women and respectable men. Get it while it's hot. Uptime Robot What great are quick speeds if your website has low accessibility? Nothing but bad. Fortunately, Hostinger is keeping it tight with practically immaculate uptime – 99.997% in the course of recent months. I'm proceeding to track and update the outcomes; however coming barely short of 100% is actually what I request from my host. Uptime ensure shrewd, the circumstance is somewhat extraordinary. There's apparently a 99.99% uptime ensure gave, yet Hostinger has a genuine scrappy lawful clarification of when and how you can get your cash back. It generally seems like "never" to me, and regardless of whether you some way or another fit the bill for a cash back (as exclusively dictated by them), it's a measly 5% of your month to month cost. Goodness, and it's only for store credit. In any case, beside this assurance issue, Hostinger truly blows it out of the recreation center in the exhibition test. When Extraordinary, Presently… Requires Tolerance As a long-term client of Hostinger, I've had the delight of testing it over and over… and once more. One of my preferred pieces of the administration used to be the help. There wasn't (and still isn't) any telephone uphold accessible, yet stunning, was live talk a successful method of finding support. Day in and day out help, kept an eye on by experts, and supported by a broad information base of immense extents. The main issue? While the operators used to react in a flash, today they take around 40 minutes to hit you up. In some cases live talk isn't even accessible, and you're moved to some ticket/email framework which I've had next to no karma with. I'll be totally fair with you about what this implies: it will be you and the information base. You can't rely on having an hour accessible to just stick around, and in any event, when the operators do reply, that is only the start of the cycle. With 3 brief reaction times in the middle of messages, posing some straightforward inquiries can expand into a whole workday. The Least expensive Long haul Costs Available, by a wide margin Truly, people, this is the explanation you understand this. While going over the many hosting choices accessible today, Hostinger's costs stick out. That is to say, $0.99 every month? That is excessively modest. What's the trick? Straightforward. Hostinger needs you to pursue a significant stretch of time, and it will give you motivating forces to do as such. Four installment periods are accessible: month to month, yearly, bi-yearly, and quadrennial. That final word implies four years, and it's scarcely utilized in light of the fact that practically no other host approaches you to pursue that long. Fortunately pursuing four years will net you what's without a doubt the best cost in the market for shared hosting. Different hosts charge a comparable cost for a yearly arrangement. Crunch the numbers yourself. What's the circumstance when pursuing shorter periods? All things considered, bi-yearly and yearly plans aren't costly, yet they're significantly more in accordance with the market normal. Month to month plans accompany an arrangement expense and don't bode well. Worth insightful, up to a SSL is incorporated (check!), the plans are totally comparable to the business standard. There's additionally a 30-day unconditional promise, so you'll have adequate opportunity to test the administration yourself and check whether it's a solid match. One thing to see during the checkout cycle is that there are a couple of discretionary extra administrations. Fortunately, none of them come pre-checked. I suggest that you skip them all. You can generally include them later at a similar cost, or "convince" a help operator to give you a superior arrangement… dangers of leaving the administration can do something amazing here. Searching for a free domain? Now and again it's remembered for the plans; some of the time it isn't. The serious plans normally accompany one when pursuing a year or more. At the point when I joined, a domain was additionally remembered for the fundamental arrangement. Presently it isn't – go figure. Concerning making installments, notwithstanding the normal charge card and PayPal choices, you'll additionally have the option to pay with bitcoin and different cryptographic forms of money. Whatever your reasons are for needing to have a website secretly, crypto is the best approach to do as such. Hostinger's reasonable shared hosting plans merit your time, your cash, and your thought. Execution has been shockingly extraordinary, and keeping in mind that it's not the most element pressed contribution around, it has all that you truly need. Would it be advisable for you to put it all on the line? In case you're constructing a blog, a business page, an individual task, or a comparative little to-medium website, my answer is a resonating yes. In the event that it's a web based business store you're hoping to fabricate, or a mind boggling administration like an online course gateway, you'll need something more remarkable than shared hosting. It'll cost you, yet Fluid Web and Kinsta are both better prepared for such ventures.
Blockrewards! Earn Crypto by Completing Tasks! With payment proof
Kumita ng crypto sa pag gawa ng mga simple tasks! My Payment Proof! ->> https://imgur.com/a/MecWerf 8/15/2020 - ako nag register 8/18/2020 Naka ipon na 1$ after ilang days lang sa pag install nung game at nagpa level. then nag verify nang phone number. waiting na lng pumasok sa uphold as bitcoin. then rekta na coinsph. 8/19/2020 Pumasok na sa UPHOLD ko mga sir. Considered as cash na etu papuntang coins.ph - Check Pics Blockreward ($2 BONUS) -> SIGN UP HERE Ano meron kay blockreward? AvailabilityBlockreward is supported in 115 countries. More countries will be added as we continue to expand. Earning
Competitive payout rates.
Multiple ways to earn from Offerwalls, Apps, Videos, Surveys, Quests and #FreeCryptoFridays.
Daily login and activity rewards.
Level up to receive earn bonuses and more perks.
Unlimited referral program of up to $2 per referral.
Low minimum withdrawal of $1.
Withdraw for USD Coin (USDC) and Bitcoin (BTC).
Friendly and responsive support.
Clean and beautiful user interface that makes the earning experience enjoyable.
Monthly Nano News: December 2019 + Year Recap Special
This is what NANO has been up to lately. I don't think I lie if I say it has been quite an amazing year! See you soon and happy new year! Something nice is coming soon that I have been working on for a while, stay tuned..
Dear Reddit Admins: We need to talk about /r/Bitcoin
We know you are well aware of the censorship problem on /Bitcoin, because it's been brought to your attention many times. I've messaged the admins several times over the past year and a half. I even replied to a standing offer by Reddit adminsAchievementUnlockd and Chtorr offering to discuss the issues facing various communities on Reddit. Although I'm not a mod, I did make the offer to put them in touch with the moderator team of /btc. My messages have always been ignored. Coinbase CEO Brian Armstrong has even confronted Reddit CEO Steve Huffman about the issue directly, in a July 2016 conversation (video).
Steve Huffman: "Our feeling is, we want people to be able to express themselves. [...] Where we can confidently draw the line is, are you affecting other people in a negative way? First starting on Reddit, and then the world in general."
Brian Armstrong: "Have you ever thought about doing things like elections for moderators?" Huffman: "There are a lot of product decisions that we've made over the years, that we didn't consider at the time the long-term ramifications of them. The moderator hierarchy situation is one of them. We're often in these situations where we see these communities, we see moderators behaving in a way that we wouldn't behave if we were running it, and that kind of go against our inclination to let things play out and generally be open. And we've seen that on the /bitcoin community, I don't disagree with you at all. But we also try to put ourselves in a position right now, our opinion is we generally try to stay hands off unless they are breaking other site-wide rules."
spez: The silence from the Reddit admins on this major issue plaguing the Bitcoin community has been deafening. You say you want people to be able to express themselves, yet you tolerate an insane amount of censorship and discussion manipulation on a very large subreddit dedicated to a topic that is very much part of the public zeitgeist right now. The censorship goes far beyond simple curation and deep into straight-up "thoughtcrime" territory. By now, at LEAST thousands of users have been banned from the subreddit for the sole offense of questioning the moderators decisions or having a difference of opinion with them. Bannable offenses include asking why the fees on the Bitcoin network are so high right now, or stating the obvious that high fees are undesirable. You can't even type the word "censorship" in their subreddit, because that word is one of many on their "forbidden words" list (you can't make this shit up). You say you want to stay hands-off unless site-wide rules are being broken, or if the subreddit is being used to harm people. Yet you tolerate the /bitcoin moderators' blatant CSS manipulation [image], circulation of "enemies" lists (https://archive.is/er916) featuring prominent Bitcoin figures they don't like, frequent character assassination campaigns against people or companies they don't like, and actively organizing vote brigades to do things like flood the app of a company they don't like with 1-star reviews calling it a scam (1, 2, 3, 4, 5). It's pretty clear that the /Bitcoin subreddit is in violation of multiple of your stated principles, yet you continually ignore it. Does this look like a healthy community to you? How about this? When /Bitcoin right-hand censor BashCo made his hysterical (and we now know falsified) post about the attack perpetrated by /Bitcoin mods and certain members of Bitcoin Core, Reddit admin sodypop showed up in no time to apologize and communicate with the community. Have the Reddit admins ever addressed the /btc community, which has a lot of legitimate grievances about the censorship on /bitcoin? /Bitcoin head moderator theymosonce wrote:
If 90% of /Bitcoin users find these policies to be intolerable, then I want these 90% of /Bitcoin users to leave. Both /Bitcoin and these people will be happier for it. I do not want these people to make threads breaking the rules, demanding change, asking for upvotes, making personal attacks against moderators, etc. Without some real argument, you're not going to convince anyone with any brains -- you're just wasting your time and ours. The temporary rules against blocksize and moderation discussion are in part designed to encourage people who should leave /Bitcoin to actually do so so that /Bitcoin can get back to the business of discussing Bitcoin news in peace.
Theymos has previously stolen millions of dollars of donated funds and funneled them to his buddies, never delivering on the software he was supposedly paying for to be developed. We also know that at least one /Bitcoin moderator, BashCo, is involved in coordinated trolling attacks and character assassinations through his involvement in Bitcoin Core's "Dragon's Den" propaganda group. I can't imagine you haven't seen these articles by now, but the history of the censorship on /bitcoin has been well documented:
Are these the kinds of people you want representing such a large and prominent subreddit on your site? The question I'd like to ask the Reddit admins: Do you define a community by its moderators, or by its members? For all the talking about "community" you guys do, you certainly don't seem to have a problem with the massive disruption of the huge open source Bitcoin community that has been largely driven by moderation policies of /Bitcoin. While I respect Reddit’s stated position to allow communities to manage themselves as they see fit, the Bitcoin community is much larger than theymos. His actions, including blacklisting entire companies and deleting posts that speak favorably of certain software proposals, have been the leading factor in driving a wedge through the $136 billion dollar open-source digital currency project that is Bitcoin. For years /Bitcoin was the central hub of discussion for the Bitcoin community, but today this divide has created an air of toxicity and all out civil war within our industry. I understand that Reddit chooses to defend free speech, but allowing theymos and his team to remain moderators of the 430,000 member strong community /Bitcoin has the opposite effect and contributes to the stifling of free and open discussion. I propose implementing open moderation logs and replacing the /Bitcoin moderation team with a team of neutral third-party moderators who can be counted on to uphold the responsibilities of moderating such a large and important community. I'm probably talking to a brick wall here, as continuing to ignore this elephant in the room would be perfectly in line with all of your past behavior. I hope you prove me wrong, admins.
Are you a dev looking for dapp experience? Mintable is expanding
Hey new /ethfinancians. All of our support for the mod team and new subreddit, so we figured we ask here first before anywhere else... Mintable is expanding and looking for some people to join our development team.. If you have aws, nodejs, js, backend experience, or solidity experience, we are looking for you! This is a good opportunity to get real working ethereum experience, on a live dapp, without a scammy token or ico. A little bit about mintable.app: we are a freemium tool to help grow the ecosystem of non fungible tokens. We don't and never will, have an ico or token. We are live on the mainnet and have over 500 users. We let anyone deploy a smart contract and mint NFTs with no strings attached. We are working towards advanced new features that are never done before and want some manpower to help out. What you get: Experience working on a live dapp Experience exploring how to use ethereum in production ready applications Real world handling of decentralized technology while serving user needs. Training in best practices for dapps and ethereum usage. What you won't get: This isn't smart contract work. Most of our smart contracts are already done. While you can review and explore our smart contract, most of the work is connecting those smart contracts to the real world (this is great experience tbh). High pay. We don't have an ico and don't have funding. We are bootstrapping ourselves, and have been since last year. Our budget is super small and we are looking for a team member who wants to see this project grow into a multimillion dollar service. Reply here or drop me a dm, feel free to email me as well at zach @ Mintable. App (messed up on purpose for bots). Edit: Some more info that was requested the people who have messaged us. Go ahead and check us out at mintable.app. We are a freemium tool without a token or ico to help support the growing ecosystem of NFTS. We allow for anyone to create an NFT within seconds, no strings attached, You own your assets and its completely legit. No scammy token model here. Normal SaaS utilizing blockchain tech. Our upcoming full product has a lot of moving parts, we have everything outlined, wireframed, and starting work on the important foundations. We need someone who is good with AWS and Lambda, EC2 and S3. Also solidity knowledge is a plus, but we can teach along the way. We don't need smart contracts (thats what I do and most are already finished, but you can always look over and learn from them). Its a great resume building position, and great learning experience for jumping into the blockchain space. I'll be upfront, we are a small start up without an ICO, so we don't have millions in the bank. We have a small budget and all of our core team members (5 of us) are not getting paid but have equity in our singaporean company. We do pay some freelance work, and we do offer equity and other models of compensation as well. This isn't full time work, its whatever time you can spare work. The more work you do, the more you would be rewarded. We are looking for a few core team members, and if you work well and like our project (after we explain everything in detail... our future product is being built and thats what you would help build. Its cutting edge, never before done tech using Ethereum blockchain. We are community focused and my background is vast in the NFT space. I've got published in the IEEE for blockchain technology and IoT traceability solutions. Mintable has a ton of potential and once you see our full scope you will probably agree. So I'd love to chat with you and see if you can fit in our team and we can help each other grow. Of course, we want everyone in Mintable to succeed and we do not play immoral games. We strive to uphold the morality missing in most crypto projects. (I've been in crypto before it was called crypto, back when bitcoin was the only name in the game.) I'd love to chat with you, so please share your thoughts, let me know if you have questions, and if you are okay with everything so far, lets set up a time to chat.
Freelancing guide for beginners in Venezuela(Without Programming Skillls) / Guía de Freelance para principiantes en Venezuela (Sin conocimiento de programación)
Hello reddit! My name is LinkToU, and i’ve been commissioned by u/justgord to share some of my freelancing experience, living in Venezuela. It might not be much, but hopefully it'll help some people get started. I’ve seen countless numbers of posts here in this subreddit, asking for advice on how to get started, and what are the best ways to receive money, so those are topics i’ll be touching upon in this guide. As the title says, this is a guide that requires NO programming skills, this is meant to be a guide towards beginners, and people that are having a rough time, like i was, two and a half years ago, before getting into this.
Now, without further ado, let’s dive right into this.
What type of work can you expect to find? There are actually a few types of jobs that you can easily find without any specific skill, for example, translations, lead generation, data entry, transcriptions, writing articles, and even being a virtual assistant. This list could go on and on, but i’ll just give you a couple websites where you can find these types of work, and you can go figure out what’s best for you.
Where to find work? Most of the freelance work i've done it's been through two major websites, so i'll talk a little bit about them and about my experience with each.
Spare5 (https://app.spare5.com/) is the crowdworking website that got me into this, . This is basically a crowdworking website where you’ll be reviewing different images, annotating and drawing different polygons to help train AI to identify everyday objects. Getting started in this page is the hardest part, but i’d say it’s just as hard as it was back in 2017 when i started. You’ll first have to complete every tutorial, then move on to the qualifiers and onto paid tasks (be sure that you understand every task before diving into them, because if you don’t perform well on your paid tasks, they’ll be taken away from you, and you might even get permanently banned). The minimum payment is $1, and the payment method that they use is PayPal, you don’t need to have a verified Paypal account, and you WILL NOT get your account limited by just receiving money from this page. Like i said, the hardest part of this page is to get started, as tasks will be scarce, so try not to make any mistakes, and do every task as best as you can, this will guarantee that they give you even more tasks, and eventually, you’ll be assigned permanent tasks, and your dashboard will look something like this: https://imgur.com/a/TSUASME , as you notice, the payment for each task is really low but don’t get discouraged, you’ll want to find one that is easy to do, and that you can memorize the instructions, i’ve made up to $20 in just a couple of hours, out of easy tasks that paid 0.2c each. Of course, you’ll need practice, Practice makes perfect. I have NOT been working on this page lately, because the payment per tasks has been diminished, and tasks only get more and more complicated to complete.
Pros of Spare5
Your payment is 100% secure with them (unless you get banned for underperforming in too many tasks), even if your Paypal account gets limited, you can reimburse the money they’ve sent you back to your Spare5 account (I’ve never done this, but i know it can be done, and the Spare5 team even helps you in the process).
The amount of tasks available are based in your performance, which means if you do well, you’re almost guaranteed to have some work to do whenever there is some available.
Some tasks are easy to do, and pay a good amount, i’ve made up to $50 in a good night, just off of tasks that paid 0.2c each.
Your earnings in this page do not only come from doing tasks yourself, there is a referral program where you’ll get 20% out of the first $100 that EACH of your referrals earns, and they’ll get 10% more out of their first $100 too, just for being referred by you.
Once you have enough experience in the page, you may have the Spare5 team reach out to you personally to test new features that they’re planning to add to the mainpage in the future, or just to interview you and ask questions to you about different things. All of these, are paid, and i’ve been approached on multiple occasions by the Spare5 team to take part in these. There is also a moderator position in their forums, i’m not entirely sure on how it works, but i’ve heard they pay you based on the amount of people that you help, only if you have the moderator role.
Cons of Spare5
As there is a limited number of available tasks, there are bound to be times where none is available, even if you have lots of experience, there are certain times of the year where there’s just no work to do (Usually January). This is what prompted me to stop using this website, and find a more reliable income.
Lots of reading through the instructions of any given task, which is bad specially because you may finish reading the instructions to a given task, only to have to move to another one after a short while, one you run out of available tasks of the kind that you were doing.
You’re subject to the revision of other users, which means, if you complete the task perfectly, but the person reviewing you makes a mistake, you’ll be punished for that. Even if you’re the one reviewing, the way to determine if a given task is good or bad, is based on what % of people reviewing the same image as you, passed it as good or bad, which means if you’re right, and the majority is wrong, again, you’ll be punished for it.
My recommendations for Spare5
Take your time, and really read through every single one of the instructions. If you get banned for underperforming, you will be permanently expelled from the website.
If you are unsure about what to do in a specific case, after reading through the instructions, ask the community for advice, they’re more than happy to help.
If, after you read through every single one of the instructions, and you’ve asked for advice from other community users, and you’re still unsure about a specific case, Skip the image.
Don’t be hesitant to Skip images, it has no negative repercussion whatsoever, i learned to see the skip button, as another tool that i used constantly.
Next, is Reddit, more specifically, the subreddit where i’ve found most of my freelancing jobs, is /slavelabour , where people post any kind of job that they need done (Seriously, any, i’ve seen many kinds of crazy stuff going on there), along with a payment offer, and usually a method. This one is pretty good, since you can find different kinds of work based on your skills, i’ve mostly done data entry types of jobs there, but there are many others easy for beginners, you just have to keep an eye out for when any potential job gets posted. Other similar subreddits that i frequent, but aren’t as active as /slavelabour are: /Jobs4Bitcoins/ , /WorkOnline//ForHire/ Follow the same advice that i will give for /slavelabour , as these work similarly.
You have to be careful and look out for possible scammers
You need a minimum of reddit activity and possibly previous job references.
Pay rates are usually low.
There is a high demand for the job offerings, so you'll have to be quick and be able to pitch yourself well.
My recommendations for these subreddits.
If something looks too good to be true, it probably is.
Ask for your payment upfront, and build trust within the community.
If you’re going to work for someone, check their profile and activity, if anything looks off, don’t risk wasting your time.
Those are the main two websites where i've worked at for the past two years, there are some others that i know of, but since i haven't used them, i don't know how they work.
Now, let's talk a little bit about payment methods, and what are some good options for receiving your money once you've got yourself some gigs.
Payment methods: Now that you know what are some good places to get started, let's talk about what's the best place to receive your payments, and keep your money safe. I’ll take about the few methods that i’ve used myself, such as PayPal, Uphold, AirTM, and most recently, Cryptos.
Where to receive your payments?
PayPal is the easiest way to receive and send money, with medium fees, it's one of the easiest to setup, as well as the most commonly used, from my experience. However your money is not 100% safe here, as your account could be limited, and your assets frozen, until you can prove that your earning aren't illicit, and you're not using PayPal for anything illegal, this latter being the hardest to prove, since, as you know, selling your PayPal money in USD, for Venezuelan currency(Bs), is illegal. If you’re thinking about using PayPal, i’d recommend you to verify your account, with a credit card under your name. Using a virtual credit card, is against PayPal ToS, but i used one anyways and haven’t had any trouble, since there are not many options here in Venezuela, since it’s near impossible to get a proper USD credit card.
Pros of using PayPal
It’s really easy to setup a PayPal account, as well as sending and receiving money.
It’s the most commonly used payment method for freelance gigs.
Exchanging money between PayPal and Venezuela’s currency, is easy, as buyers and exchangers are rather easy to find.
You can refund your money if you were to encounter a scammer whilst exchanging currencies.
There are some websites that guarantee you, and your PayPal account integrity & safety whilst exchanging currency.
It’s possible to withdraw your PayPal balance into an US Bank account, with minimum fees.
Can use your PayPal balance to buy in websites such as Ebay, Wish and many other websites.
Cons of using PayPal:
Fees are too high compared to other platforms.
Verifying your account is a must to protect your money, and some buyers will only buy money from verified accounts.
PayPal’s customer service isn’t very helpful, or understanding when it comes down to trying to recover a limited account.
Scammers might try to refund the money they’ve sent you after you confirm it, and you’d have to dispute.
There is a chance that you could get your account limited, this has never happened to me, however.
My recommendations for using PayPal:
First and foremost, verify your account, it’ll make life much easier for you, and you’ll be able to use your PayPal balance to buy in some eStores.
Don’t send, or receive small amounts of money from other persons, i avoid receiving amounts below $5, and ANYTHING below $1, is an absolutely no-go.
Exchange your currencies only with people you trust, seek for references from people you know, don’t trust strangers. I find that having a trusted buyer to sell to is the best way to go, even if you find someone who’s offering a better price.
Avoid refunds and disputes, as that will draw attention from PayPal’s staff into your account. I’d rather lose $10 to a scammer, than get my whole account frozen.
Uphold is another cloud based financial services platform, similar to PayPal, and with similar fees. The good thing about this platform, is that you can exchange your funds from USD to Crypto, and many other currencies, at the cost of a relatively small fee. I haven’t used this method too much myself, as i used this mainly for it’s Virtual Credit Card feature, which is temporarily not available.
Pros of using Uphold:
You can go from USD to crypto and vice versa easily.
You used to be able to create virtual credit cards, a feature that might come back in the future.
Doesn’t have PayPal’s limitation issue.
Not too hard to use.
Fees are nothing too crazy.
Even if not too many people use Uphold, you can receive crypto payments in all of the mayor coins here.
Cons of using Uphold:
Crypto transactions take hours to complete.
Setting up your account isn’t as easy as some other options.
AirTM is an e-wallet where you can keep your money, and exchange it to other currency, or buy USD with your local money, all in the same platform. Out of all the options i'm going to list for payment methods, this is my least favorite, as the fees are incredibly high, and in my opinion, what this website provides isn't worth it. I haven’t had much experience with AirTM, as the fees are ridiculous, but i’ve used it and i’ll share my experiences.
Pros of using AirTM:
You can receive your money, as well as find exchangers to sell it here.
Provides you with all of the tools you need to exchange your money, 100% safely.
It’s the easiest option in terms of going from receiving payments in USD, to exchanging it into other currencies.
Cons of using AirTM:
Fees are ridiculously high.
It’s not as straightforward as other options in terms of setting up your account, and using this platform will take some time to get used to it.
Asks for a lot of stuff to verify your identity.
Venezuela’s government has previously blocked this website, and claimed to have been “seeking all of the delinquents using this fraudulent website”.
AirTM's website is sometimes blocked by the government and requires the use of a VPN to access it.
Finally, Cryptocurrencies, i’ve only started using this method recently, and i can already say, this is my favorite so far, and the method i’ll mainly use from now onwards, as this has proven to be really easy to set up, and in my opinion, the best option for receiving payments, as you’ll pay minimum fees for your transactions, keep your identity safe, and the exchange rate to Venezuela’s currency is really good. I’d say there is no downside to receiving your payments here, as even if you were worried by the Crypto’s price dropping, you could easily use a third party website to exchange your Crypto, to USD in any other platform you’d like. The cryptocurrencies that i’ve used are Bitcoin Cash (BCH), Bitcoin (BTC) and Ethereum (ETH), all of the transactions that i’ve done haven’t taken longer than 30 minutes, with the exception of using SideshiftAI to exchange my BCH into BTC, which took about an hour. Setting up a wallet for these is rather easy, however here’s a quick guide for BTC and BCH. https://bitcoin.org/en/getting-started . Also, another point in Crypto’s favor, is that some stores have begun accepting cryptos as a payment method, there’s an app in the Google Play Store named “CryptoLugaresVE” With a list of places accepting crypto as a payment method.
Pros of using Cryptocurrencies:
Fees are extremely low.
Good exchange rates to other currencies.
Easy to set up, and straightforward to use.
You can potentially gain money, if the price of the crypto that you’re using increases.
Can be used as a payment method in a lot of eShops, and some stores in Venezuela.
Payments sent to you cannot be refunded
Cons of using Cryptocurrencies:
You can lose money, if the price of the crypto that you’re using drops.
Cannot refund your payments.
Transactions can sometimes take a long time to complete, although this hasn’t happened to me.
Due to the volatility of crypto’s price, it’s not good to keep your savings.
My recommendations for using Cryptocurrencies:
Don’t keep any money that you can’t afford to lose in crypto, so that if the price drops, you won’t be back at square cero.
Exchange your cryptos only with trusted buyers, or using safe third party websites, to ensure you don’t get scammed, since you can’t refund money.
Change your address after each trade.
Finally, i’ll talk a little bit about the couple websites that you can use to safely exchange money from USD, to Venezuela’s currency. Other than these, you’d have to find someone of your trust to exchange your currency.
Where to safely exchange your earnings to Venezuela’s currency?
Appbb (https://www.appbb.co/) is an eStore that will also buy funds from all kinds of platforms (Payoneer, Uphold, Paypal, Cryptos, etc.), while they might not have the best rates, they are reliable, safe, and a good option. The downside of this site, is that hey have a set amount transactions that they’re going to make per day, so you’ll have to wait for the store to open every morning, and grab your ticket. I haven’t used this shop in a while, i know that they’ve changed it, and i’m not sure how it works for exchanging your currencies anymore, but you can ask for advice in their facebook page and their support team is always really helpful.
Localbitcoins (https://localbitcoins.com/) is a trading website where you can sell/buy bitcoins from different users safely. This website works only for selling Bitcoin, but you can buy bitcoins with money from any other platform, at a fair rate, and sell the bitcoins that you’ve bought.
Foro-Ptc (https://www.foro-ptc.com/) is a whole website dedicated to making money online, there’s all kinds of useful content here, i recommend you to check it out, but more importantly, there is whole section dedicated to selling and buying USD for local currency. You’ll need a 30 days old account, and some posts before you can PM anyone you want, but there are some trusted buyers/sellers whom you’ll be able to send PMs to right away, so you can safely exchange with them.
That’s it for now, I’ll probably update the guide as i learn more and try out new stuff, as well as with your feedback. I just want to thank u/justgord for giving me the opportunity to share all of this with you guys!
Hola Reddit! Mi nombre es LinkToU, y u/justgord me comisionó para compartir con ustedes mi experiencia trabajando como freelancer en Venezuela. He visto un montón de posts de gente pidiendo consejos para comenzar, cuáles son las mejores plataformas para recibir dinero, y cosas así, así que esos serán los temas que trataré en esta guía para principiantes. Como dice el título, esta es una guía para personas que no tienen conocimiento de programación, sólo necesitarán un buen conocimiento de Inglés.
¿Qué tipo de trabajo se puede encontrar? Hay varios tipos de trabajos que puedes realizar sin tener ningún tipo de conocimiento específico, por ejemplo, “lead generation”, registro de data, transcripciones, escritor de artículos, o incluso asistente virtual. Podría seguir nombrando tipos de trabajo, pero lo mejor será que les diga algunos lugares para encontrar trabajo, y que ustedes decidan qué es lo mejor.
¿Dónde puedes encontrar trabajo? He trabajado principalmente a través de dos sitios web, así que hablaré un poco de mi experience en cada uno de ellos.
Spare5 (https://app.spare5.com/) es el sitio web de “crowdworking” con el que comencé a trabajar, hace dos años. Básicamente, estarás revisando diferentes imágenes, anotando y delineando diferentes objetos para ayudar a entrenar inteligencia artificial a identificar dichos objetos. Diría que lo más difícil, es comenzar en esta página, pero no es mucho más difícil que en el 2017, cuando yo comencé, así que aún es posible. Lo primero que tendrás que hacer, será completar los tutoriales, que te darán acceso a algunos calificadores, que determinarán si estás listo o no para tareas pagas (asegúrate de comprender bien cada una de las tareas, antes de comenzar a hacerlas, ya que si no las haces bien, te las quitarán y te podrían banear permanentemente.) El mínimo de pago es $1, pagado a través de PayPal, no hace falta tener una cuenta de PayPal verificada, y recibir fondos de esta página NO hará que tu cuenta de PayPal sea bloqueada. Como dije antes, lo más difícil de esta página es comenzar, al principio las tareas serán escasas, así que asegúrate de hacerlas bien, ya que esa es la única manera de garantizar que te seguirán enviando tareas. Eventualmente, te darán tareas fijas, y tu panel principal se verá algo así https://imgur.com/a/TSUASME . El pago por cada tarea es bajo, pero lo importante es encontrar una cuál sea fácil y memorizar las instrucciones. Yo he hecho hasta $20 en un par de horas, con tareas fáciles que pagaban 0.2c cada una. Sólo hace falta práctica. Últimamente no he trabajado en esta página, ya que la paga por las tareas ha disminuido, y sólo son más difíciles de hacer cada vez.
Ventajas de Spare5:
Tu pago está asegurado en esta página (A menos que te baneen por hacer las tareas mal), e incluso si tu cuenta de PayPal es bloqueada, puedes reembolsar el dinero que te hayan pagado a tu cuenta de Spare5 (Nunca lo he hecho, pero sé que se puede hacer, y el equipo de soporte de Spare5 también te asiste en esto.)
La cantidad de tareas que tienes disponibles se basa en tu desempeño en tareas previas del mismo tipo, así que si las haces bien, garantizas tener trabajo siempre que haya alguno disponible.
Hay algunas tareas que son fáciles de hacer, y pagan bien, he ganado hasta $50 en una noche solo con tareas que pagaban 0.2c cada una.
Tus ganancias en esta página no vienen solamente de las tareas, hay un sistema de referidos que te paga un 20% de los primeros $100 que cada uno de tus referidos gane, y ellos recibirán 10% más de sus primeros $100, sólamente por usar tu código de referido.
Una vez tengas suficiente experiencia en esta página, puede que el equipo de Spare5 se comunique contigo personalmente para que pruebes nuevas características que piensan añadir a la página principal, o simplemente para entrevistarte y pedirte tu opinión sobre ciertas cosas. En cualquiera de estos casos, te pagarían por tu tiempo, mucho más de lo que ganarías normalmente haciendo tareas. También existe una posición de moderador de los foros, en la cuál he escuchado que te pagan basado en la cantidad de personas que has ayudado, una vez tienes el rol de moderador.
Desventajas de Spare5:
Ya que hay un número limitado de tareas, habrá tiempos donde no habrá ninguna disponible, incluso si tienes una gran cantidad de experiencia en la página, hay ciertas épocas del año en las que simplemente no hay tareas disponibles (Usualmente, en Enero). Esto es lo que hizo que dejara esta página, y buscara una manera más consistente de generar ingresos.
Hay que leer un montón de instrucciones para completar cualquier tarea, y una vez termines de leerlas, puede que tengas que elegir otra diferente, debido a que la tarea que ibas a hacer ya no está disponible.
Estás sujeto a la revisión de otros usuarios, lo que significa que aunque completes la tarea perfectamente, si la persona que te revisa comete un error, serás castigado por eso. Incluso si tú revisas la tarea, la manera que ellos utilizan para determinar si una tarea está bien o mal, se basa en la media de los usuarios que la marcaron como correcta o incorrecta, así que si tu estás en la minoría, serás castigado por eso nuevamente.
Mis recomendaciones para Spare5
Tómate tu tiempo y lee cada una de las instrucciones. Si te banean por hacer las tareas mal, serás vetado permanentemente de este sitio web.
Si estás inseguro sobre qué hacer en un caso específico, pregúntale a la comunidad.
Si luego de leer las instrucciones, y pedirle consejo a la comunidad, sigues inseguro, omite la imagen.
No dudes en omitir las imágenes, no tiene ninguna consecuencia negativa, debes ver el botón de “Omitir”, como una herramienta cualquiera.
Lo siguiente, es Reddit, más específicamente, el subreddit donde encuentro usualmente trabajo de freelance es /slavelabour , dónde las personas publican cualquier tipo de trabajo que necesiten sea completado, junto con un método de pago, y una oferta, para encontrar a alguna persona dispuesta a hacerlo. Esta opción es especialmente buena, ya que puedes encontrar muchos tipos de trabajo, dependiendo de tus cualificaciones. Yo he hecho mayormente trabajos de registro de data, pero hay muchas otras opciones fáciles para comenzar, sólo hay que estar pendiente de cuando puedan ser publicadas nuevas oportunidades. Otros subreddits similares que frecuento pero no son tan activos como /slavelabour son: /Jobs4Bitcoins/ , /WorkOnline/ , /ForHire/ Sigan los mismos consejos que daré para /slavelabour , ya que estos funcionan de manera similar.
Se necesita un mínimo de actividad en tu cuenta de reddit para participar en estos subreddits.
Las pagas son bajas, por lo general.
Hay una gran demanda para cada oferta de trabajo, así que hay que ser rápido, y saber la mejor manera de venderse a sí mismo como candidato.
Mis recomendaciones para estos subreddits.
Si algo se ve demasiado bueno para ser verdad, probablemente lo sea.
Pide tu pago por adelantado, y construye una buena reputación en la comunidad.
Si piensas trabajar para alguien, revisa su perfil, y si algo se ve fuera de lugar, no arriesges perder tu tiempo y ser estafado.
Métodos de pago: Ahora que saben cuáles son algunos buenos lugares para empezar a conseguir trabajo, les hablaré sobre cuáles son las mejores plataformas de pago para recibir dinero, y mantenerlo seguro. Hablaré sólo de los que he usado, como PayPal, Uphold, AirTM, y recientemente, Criptomonedas. ¿Dónde recibir tus pagos?
PayPal es la manera más fácil de recibir y enviar dinero, con comisiones aceptables, y también es la más fácil de comenzar a usar. Igualmente, tu dinero no está 100% seguro en PayPal, ya que tu cuenta podría ser limitada y tu saldo retenido hasta que puedas probar que no estás recibiendo fondos de ninguna actividad ilícita, o invirtiendo en alguna. Esto último es difícil de probar, ya que vender fondos de PayPal en Dólares(USD), a cambio de la moneda Venezolana (Bs), es ilegal. Si planeas usar PayPal, recomiendo que verifiques tu cuenta con una tarjeta de crédito bajo tu nombre. Usar una tarjeta de crédito virtual, va contra los TDS de PayPal, yo igualmente usé una (Y no he tenido ningún problema), ya que no hay muchas opciones en Venezuela, debido a que es prácticamente imposible conseguir una tarjeta de crédito
Ventajas de usar PayPal
Es fácil de comenzar a usar, y enviarecibir dinero también es fácil. Es el método de pago más usado para trabajos de freelance.
Cambiar dinero de tu cuenta de PayPal a la moneda de Venezuela es fácil, ya que los compradores son fáciles de encontrar.
Puedes reembolsar tu dinero en caso de que seas estafado al intentar vender tu saldo PayPal.
Hay ciertas páginas web, y métodos que garantizan tu seguridad y la de tu cuenta PayPal al realizar ventas de tu saldo PayPal.
Puedes retirar tu dinero de PayPal, a una cuenta bancaria en dólares (o dependiendo de la moneda) de algún país extranjero, con comisiones mínimas.
Puedes usar tu balance de PayPal para comprar en ciertos sitios web, como Wish, Ebay, u otros.
Desventajas de usar PayPal
Las comisiones son altas comparadas a otras plataformas de pago.
Debes verificar tu cuenta para proteger tu dinero, y algunos compradores sólo adquieren saldo de cuentas verificadas.
El servicio al cliente de PayPal no es muy útil, o comprensivo cuando intentas recuperar una cuenta limitada.
Puede que algunos estafadores intenten reembolsar el dinero que te enviaron luego de que terminas el trabajo, y tendrás que disputar su reembolso.
Existe la posibilidad de que tu cuenta sea límitada (aunque nunca me ha sucedido).
Mis recomendaciones para usar PayPal
Primero que nada, verifica tu cuenta, esto hará las cosas mucho más fáciles para tí, y podrás usar tu balance de PayPal para comprar en eStores.
No envíes ni recibas pequeñas cantidades de dinero de otras personas, yo personalmente evito recibir cantidades menores a $5, y no acepto ninguna cantidad menor a $1.
Realiza tus cambios sólo con personas en las que confíes, busca referencias de personas que conozcas, y no confíes en extraños. Tener un comprador fijo es la mejor manera de mantener tu dinero seguro, aunque no siempre ofrecen el mejor precio.
Evita los reembolsos y las disputas, ya que eso atraerá atención no deseada a tu cuenta de PayPal. Es mejor perder $10 por un estafador, que todo el saldo de tu cuenta por un bloqueo.
Uphold es otra plataforma similar a paypal, con comisiones similares. El punto a favor de esta plataforma, es que puedes intercambiar tus fondos de USD, a muchas otras criptomonedas, u otra moneda extranjera, al costo de una comisión relativamente pequeña. No he usado mucho este método, lo utilizaba principalmente por la función de crear una tarjeta de crédito virtual, pero esta está temporalmente desactivada.
Ventajas de usar Uphold
Puedes intercambiar tu saldo de USD a otra moneda, o incluso criptomonedas, fácilmente.
En el futuro, es posible que vuelva la función de crear una tarjeta de crédito virtual.
No tiene el problema de limitación de PayPal.
No es difícil de usar.
Las comisiones no son muy altas.
Aunque no muchas personas usen Uphold, puedes recibir pagos en criptomonedas aquí.
Desventajas de usar Uphold
En mi experiencia, las transacciones con criptomonedas tardan horas en ser confirmadas.
Configurar tu cuenta para comenzar a utilizar Uphold no es tan fácil como en otras opciones.
AirTM es una billetera electrónica donde puedes guardar tu dinero, e intercambiarlo a otras monedas, o incluso comprar monedas extranjeras con tu moneda local, todo en la misma plataforma. No he utilizado mucho esta plataforma, debido a que las comisiones son ridículamente altas, pero siempre la he visto como una especie de plan de contingencia, en caso de que necesite dinero, y no haya ninguna otra opción disponible.
Ventajas de usar AirTM
Puedes recibir dinero, y encontrar compradores en una misma plataforma.
Tiene todas las herramientas necesarias para cambiar tu dinero 100% seguro.
Es la opción más fácil en términos de pasar de recibir dinero a cambiarlo a otras monedas.
Desventajas de usar AirTM:
Las comisione son extremadamente altas.
No es tan fácil configurar tu cuenta, y tomará algo de tiempo acostumbrarte a usar esta plataforma.
Pide un montón de cosas para verificar tu identidad.
El gobierno de Venezuela ha bloqueado previamente esta plataforma, y dijo estar “buscando a todos los delincuentes vinculados a esta página criminal”.
Finalmente, Criptomonedas, empecé a usar este método de pago recientemente, pero hasta ahora, es mi favorito, y probablemente sea el que utilice de ahora en adelante para recibir mis pagos, ya que es fácil de configurar, y en mi opinión, la mejor forma de recibir pagos, ya que cuenta con las comisiones más bajas por transacción, mantiene tu identidad segura, y el ratio de intercambio de criptomoneda a moneda venezolana es bueno. Diría que no hay ninguna desventaja a recibir tus pagos en criptomonedas, ya que incluso si te preocupa que el precio de la criptomoneda baje, puedes usar un sitio web de algún tercero para cambiar tus criptomonedas a cualquier otra plataforma de tu preferencia, a un buen precio. Las criptomonedas que he utilizado son Bitcoin Cash (BCH), Bitcoin (BTC) y Ethereum (ETH), todas las transacciones que he realizado no han tardado más de 30 minutos en completarse, con la excepción de cuando usé SideshiftAI para cambiar mi saldo BCH a BTC, y aún en ese caso, tardó cerca de una hora. Crear una billetera es fácil, igualmente, aquí hay una guía para comenzar en BTC y BCH. https://bitcoin.org/es/como-empezar Otro punto en el favor de las criptomonedas, es que algunas tiendas en Venezuela han comenzado a aceptar estas como método de pago, hay una app en la Google Play Store llamada “CryptoLugaresVE” Con una lista de lugares que aceptan criptomonedas como forma de pago.
Ventajas de Usar Criptomonedas:
Las comisiones son extremadamente bajas
Buen ratio de cambio a otras monedas.
Fácil de usar
Puedes ganar dinero potencialmente, si la criptomoneda que usas aumenta en precio.
Puedes usarla como método de pago en muchas tiendas virtuales, y algunas tiendas de Venezuela.
No es posible reembolsar pagos que te hayan enviado.
Desventajas de usar Criptomonedas
Puedes perder dinero si la criptomoneda que usas pierde valor.
No puedes reembolsar tus pagos.
Las transacciones pueden tardar un montón de tiempo en completarse.
Debido a la volatilidad del precio de las criptomonedas, no es buena opción para guardar tus ahorros.
Mis recomendaciones para usar Criptomonedas
No guardes dinero que no puedes perder en criptomonedas, así, si el precio baja, no perderás mucho.
Intercambia tus criptomonedas sólo con compradores confiables, o utiliza algún sitio web de terceros que asegure tu dinero.
Cambia la dirección de tu billetera luego de cada transacción.
Por último, hablaré sobre un par de sitios web donde pueden intercambiar dinero de dólares, a la moneda local venezolana. Aparte de estos, existen otros sitios webs de confianza, y siempre está la posibilidad de encontrar una persona de confianza para realizar todos sus cambios de USD - Bs.
¿Dónde puedo cambiar mis ganancias de forma segura a la moneda local de Venezuela?
Appbb (https://www.appbb.co/) es una tienda virtual que también compra saldo de diferentes plataformas (Payoneer, Uphold, Paypal, Criptos, etc.), y aunque no tienen las mejores tasas, son una opción confiable, segura y buena. Lo malo de esta página es que tienen una cantidad limitada de cupos por día, así que tendrán que esperar a que la tienda abra cada día, y agarrar su cupo rápidamente. No he usado esta tienda en algún tiempo, sé que han cambiado un par de cosas y ya no estoy tan seguro de cómo funciona, pero pueden escribir directamente a su página de facebook y su equipo de soporte siempre está atento allí.
Localbitcoins (https://localbitcoins.com/) es un sitio web de intercambios donde puedes vender o comprar bitcoins de diferentes usuarios de forma segura. Este sitio web solo funciona para vender Bitcoins, pero es posible comprar bitcoins con dinero de cualquier otra plataforma, con una buena tasa, para luego venderlos.
Foro-Ptc (https://www.foro-ptc.com/) es un foro dedicado a generar ganancias online, hay muchos recursos interesantes aquí que les recomiendo lean, pero más importante, hay una sección completa dedicada a la venta y compra de dólares por la moneda local. Hace falta una cuenta con 30 días de antigüedad, y algunos posts antes de poder enviar mensajes privados a cualquier persona, pero hay algunos vendedores designados a quienes podrás enviar mensajes sin importar la antigüedad de tu cuenta, con quienes podrás hacer intercambios sin tener que esperar.
Eso es todo por ahora, probablemente siga actualizando la guía mediante vaya aprendiendo nuevas cosas, o con sus recomendaciones. Sólo quiero agradecerle a u/Justgord por darme la oportunidad para compartir todo esto con ustedes!
Helllo, I am Oleg, and I am running Nexchange.io. At Nexchange we aim at making things better than they currently are. Yesterday we had a trade of 165 BTC on our platform (around $1m). https://nexchange.io/ordeOSMQ6L Our algorithm decided to use uphold as a liquidity provider for this tx, as they had a good market rate with only 2% fee including the slippage. Once the money was deposited to Uphold, they immediately froze the account, asking for 'source of wealth' 'due diligence' and 'KYC'. The exact quote from the email would be: "When you initially created your account you have indicated an estimated volume of 100 000 USD per day, today you have exceeded this estimation, thus your account is frozen until you provide further documentation" (all trades were crypto to crypto) To this email I have responded with the link to trade which is above, as well as full audit-able list of orders on our platform via our API https://api.nexchange.io/en/api/v1/orders/ I have a verified business account with this firm for 2 years. Naturally when I was starting Bitcoin was much cheaper, the volumes were lower, and my business grew since then. In fact their claim that I've exceeded my stated volume is incorrect, since none of my transactions were in fiat, and quoting by the BTC price at the time of signing the forms, $100k are actually 250 BTC! By reviewing their terms and conditions there are no limits to neither crypto funding and crypto volumes. I even had a face to face meeting with the technical team in Braga demonstrating my product earlier this year, followed by a Skype call with the business executive to try and negotiate better fees for my high volumes. On neither of those instances any problem with my way of operation was brought to my knowledge by the team. I wrote their support, explaining the situation, but there is no response. So far there is more than $1.5m hanging funds on their exchange and no-one to talk to. On the accumulated position size (200 BTC) my customers are losing thousands of USD every hour, but nobody in uphold seems to care, despite the fact they made 50 000 USD on fees from my company this week alone. Stay away from those guys, They are thieves!
Join the Reward program;
Create and confirm an account on Uphold;
How to withdraw BAT from Brave;
Convert BAT to BitBay and convert it to your local currency.
Start the Brave browser and enable "Brave Rewards". You can do this by typing " brave: // rewards / " in a browser window
Click the BAT cryptocurrency icon (triangle). If any tokens are available, a message will be shown, otherwise repeat this action in 30 days.
Click on "Rewards Settings", then click on the "Get" button. The number of tokens is limited, so if you don't see a "Claim" button, it means you don't have any funds available. They will be available soon if you are using Brave.
20 BAT tokens you received can be donated as a "tip".
Now you have to register as a" publisher " to get your referral link. To do this, select the "Publishers" option. For each recommended user you can get $ 5 in equivalent of BAT currency.
In the URL input field, type: "brave://rewards/" and start watching ads for BAT tokens (option will be available soon).
Browsing the Internet with Brave, you can earn free BAT tokens.
Create and verify an account on Uphold Creating and verifying an account with Uphold is a very important step. If you've completed all the steps above, you should already be a verified Brave publisher. What is Uphold? Uphold is a cloud-based financial services platform that allows its users to convert, store and execute transactions anywhere in any form of currency or goods immediately and securely. Website contributed more than 1 billion dollars for transactions made by participants from 181 countries. The platform maintains companies, programmers, non-governmental organizations, non-profit organizations, and private citizens. For companies and programmers, Uphold is a platform where cloud benefits can be extended to their own company or customers. For individuals, Uphold serves as a wallet for simple, fast, secure and affordable financial services. Your Brave Rewards wallets will be transferred to your Uphold wallet. Payments are made once a month; you will be notified by email about the transfer from Brave to Uphold. The mail looks like on the picture below: https://preview.redd.it/wu95q11oqkp31.jpg?width=560&format=pjpg&auto=webp&s=168c9ae0c7fcecb2059118dcdb44f6c084058585 How to create an Uphold account? To create an Uphold account, go to "uphold.com/signup" and follow the three-step registration process:
Enter your email address, password, account type, and country of residence.
Enter your name, status (if applicable), date of birth, set a username for your account, and phone number.
Enable two-step verification.
Uphold account verification To become a verified platform member and gain access to the full range of Uphold services, you must complete the verification process. This process includes the provision of confidential information. To become a verified member:
Take a photo of your valid ID, every detail should be clear, without glare. To do this, take a photo of one of the following documents:
Make a live photo (selfie) / photo of your face.
Tips for successful verification:
Take a photo of your valid ID where every detail is legible without glare or particles.
Take all photos in a brightly lit place.
Turn off the flash to avoid glare on the document.
Make sure the credentials match those in your Uphold account (official name, no pseudonyms).
Make sure your legal document is valid for at least 3 months more.
No photos. When taking a picture, it should be a "live selfie".
Verification is usually completed within a few minutes, and after confirmation, you get instant access to all resources. Here is an example of verifying your identity using the Uphold web app: https://i.redd.it/9wx912rwqkp31.gif How do I link my Brave Rewards account to Uphold? If you already have a verified Uphold account, it's time to link it to your Brave Rewards account. For this:
Find the "Your Uphold wallet" field on the left side of the publisher's panel
To connect your account with Uphold, click corresponding button.
If everything was fine, you will see a green sign "Connected".
https://preview.redd.it/ibysmap1rkp31.jpg?width=600&format=pjpg&auto=webp&s=c1a144c51ceffd93173e8dad8ac39bc7fb735371 From now on, your funds in the form of BAT cryptocurrency, Brave browser will send directly to your Uphold wallet. This will happen 08th of every month. If you have received a verified publisher status, you can transfer BAT cryptocurrency from Uphold wallet to any Bitcoin wallet, such as Exodus, or directly to exchange cryptocurrencies, for example, Binance. ATTENTION! The steps in the guide above don't guarantee 100% free BAT (Basic Attention Token) from brave.com. The pool of tokens intended for the campaign is limited in number. When registering on all sites described in the manual, you must provide confidential personal information, you do so at your own risk. I also recommend you to read all the terms of the contract. Cryptocurrencies and their trading are complex instruments and involve a high risk of rapid money loss. The vast majority of retail investor accounts record losses as a result of cryptocurrency trading. Consider whether you understand how cryptocurrency works, and whether you can afford the high risk of losing money. When making investment decisions, you should be guided by your own opinion.
The History, The Current State And The Future Of NavCoin
The History, The Current State And The Future Of NavCoin
This is it. If you're interested to see what NAV is all about, this is the ultimate guide for you. You will learn about the history of NavCoin and how it evolved. You will learn about the current state and features of NavCoin and you will learn about the exciting new features that are planned and coming up in the (near) future. So buckle up, this is going to be a long ride!
Table Of Content
What is NavCoin?
Rebranding to SummerCoinV2 /NavajoCoin
Rebranding to NavCoin
The Current State
Tutorials And Guidelines
Where can you use NAV?
Introduction - What is NavCoin?
NavCoin is a cryptocurrency that has been publicly traded since mid 2014. It's a fork of the latest version of Bitcoin Core with many additional features and functionalities which differentiate NAV from other cryptos.
NavCoin has been one of the first projects to switch to Proof of Stake and is still using PoS to validate and generate blocks. NavCoin didn't have an ICO or a premine. It is self-funded from the beginning and primarily, but not solely maintained by developers of Encrypt-S - the NavCoin Core team (see below for more info about the team).
NAV is trying to simplify cryptocurrencies for the masses. It does this by providing features which make it easy to use like the implementation of OpenAlias, which allows people to send NAV to an email-like address (for example [[email protected]](mailto:[email protected])). It also provides very easy to use desktop and mobile wallets.
NAV also provides optional privacy. You can send transactions publicly or private, as you prefer.
It's block speed is really fast with about 30 seconds per block. Transactions are confirmed as spendable within only 30 second which makes it ideal for retail and e-commerce.
High levels of scalability (260+ transactions per second)
It currently has a market cap of 11.6kk (as of writing) and trades for about $0.18 / 4'872 Sats per NAV. The circulating supply is 64kk with no max supply (with an inflation of about 4%).
Staking NavCoin currently yields about 8–10% of your holdings per year. This number depends on how many NAV are currently staking. The minimum return is about 4% (if every single NAV would be staking).
NAV is available on many different exchanges with the biggest ones being Binance, Bittrex and Poloniex.
Introduction The following chapter will summarize and break down the history of NavCoin in a few sentences. NAV started a long time ago, went through rebrandings and changes of the core team before it became what it is today. SummerCoin NavCoin was initially first introduced under the name SummerCoin on April 23 in 2014. SummerCoin was a fork of the Bitcoin blockchain. It used to have a PoW/PoS hybrid algorithm with a block time of 45 seconds. SummerCoinV2 /NavajoCoin Soon after the initial launch of SummerCoin, the original developer left and SoopY (soopy452000 on bitcointalk) took over as the main developer and rebranded the project to SummerCoinV2 respectively NavajoCoin and introduced new features. The name NavajoCoin was chosen in honor of the Navajo Code Talker. The unbreakable Navajo code was used to encrypt highly classified military information and commands and decrypt the same in WW II. SoopY introduced a technology which allowed sending transactions anonymously and private. This technology was called "Navajo Anonymous Technology". SoopY also released a new wallet and set the Proof of Stake rewards at 10% for the first year, 5% for the second year and 2% for every year after. NavCoin On August 12, 2014, Craig (current lead core developer, pakage on bitcointalk) started to get involved with NAV by helping to set up a website . It was officially announced that Craig joined the core team as a "Wallet & Web Developer" on November 06, 2014. The last tokenswap and restart of the blockchain of NAV happened on May 12, 2016. Soon later, SoopY stopped showing up and Craig stepped into the role of the lead core developer. Since then, Craig has assembled a strong team with which he built NavCoin into what it is today. Currently, Craig and the NavCoin Core team is located in New Zealand and they are actively developing many ground-braking features which differentiate NAV from other cryptocurrencies. You will read more about that later in this article.
The Current State
Introduction The year 2018 has been a thriving year for the NavCoin ecosystem. Despite the USD price of NAV not reflecting it, in 2018 the core team has developed a whole bunch of new features. Also the core content creators published the first official guidelines that function as an orientation guide for community content creators. This chapter will give you an overview of the current team, the features, the prior mentioned guidelines and the community of NavCoin. Core Team  Last year, the core team has grown alot. It contains of developers, content creators and interns. The core team are employees of Encrypt S, the New Zealand's leading blockchain R&D lab. Encrypt S is developing blockchain solutions since 2014 and values building open-source software highly. Craig MacGregor - Chief Executive Officer Craig is the CEO of Encrypt S and the founder of NavCoin. He is one of the world's most experienced blockchain developers. Craig founded NavCoin in 2014 and is developing software for it since then. He has assembled a strong team of like-minded people. Craig also speaks at seminars and conferenced. Some of the companies and conferences he did blockchain education sessions at are Oracle, Xero, Air New Zealand, Blok Tex and trademe. Together with the team, he is also doing a education series on YouTube where he explains upcoming features in-depth for the community. Alex Vazquez - Chief Technical Officer Alex is the CTO of Encrypt S and the most active contributor to the NavCoin core Github. He has incredible knowledge of blockchains and proposes and implements solutions for challenges and features. He supports community developers frequently and answers any questions of the community thoroughly. Like Craig, Alex is developing software for the NavCoin ecosystem for a very long time. Alex speaks at universities at times and educates students about the blockchain technology. Paul Sanderson - Lead Software Engineer Paul is the Lead Software Engineer at Encrypt S. He has a flair for technology. His technical and management skills are perfectly suited for consultancy and investment advising. He also frequently contributes to the NavCoin core source code. Rowan Savage - Senior Software Engineer Rowan is a full stack software engineer with more than a decade experience in developing complex front-end web applications. He joined Encrypt S in February 2018 and has since been involved in the Valence Plattform, the Kauri Wallet and NavCoin Core. You will read more about these feature/projects later. Carter Xiao - Lead UX/UI Designer Carter specializes in user-centric design and is also very talented with 3D animation, motion graphics and programming. One of NavCoins core principle is "Simplifying Crypto" and UX/UI is a very important part of that. Matt Paul - Software Engineer Like Rowan, Matt is a full stack Software Engineer. He joined the core team in Mai 2017 and has since worked on NavPay, NavPi, the Kauri Wallet and NavCoin Core. Kieren Hyland - Chief Strategy Officer Kieren is one of the employees that are working for Encrypt S for a very long time. He is the CSO and is a digital strategist and growth hacker with a passion for new technology and has a lot of experience in online marketing. Laura Harris - Creative Director Laura has a combination of commercial and creative flair. She manages the social media accounts for NavCoin and ensures, that NavCoins' message is always powerful, relevant and distinctive. John Darby - Content Creator John is an internationally awarded Technology and Financial sector marketing communications specialist. He is one of the Core Content Creators for NavCoin. Features of NavCoin  The following features are currently available and have been developed in the last months and years. It is sorted from newest to oldest. Static Block Reward The soft-fork for the enabling of static block rewards have been accepted and became active recently at 5th January 2019. This means, that the block reward was changed from a percentage based reward to a static reward. This will incentivize the stakers to have their node online 24/7 which increased the security of the network. It also aligns NavCoin with the PoSv3 specification. With this implementation, the yearly inflation will be 3.6% currently and will exponentionally decrease because of the static value of the rewards. Every staked block will now give the staker 2 NAV. Depending on how many people are staking, the yearly percentage varies. With the network weight currently being around 20'000'000 NAV, stakers earn around 10% rewards from staking 24/7. Cold staking To provide extra security to participants in the staking process in the NavCoin network, the core team decided to implement cold staking. This allows to store NAV offline and still be able to sign staking inputs. Looking forward, a possible integration into the Ledger Nano S would mean, that one can stake NAV securely from a offline hardware wallet. How cool is that? OpenAlias One of the core principle of NAV is to simplify cryptocurrencies. Many non-technical people are deterred from the long, cryptic addresses used in wallets. When sending funds, you have to make sure that every single letter and digit is correct which is nerve-wracking for the average person. NavCoin has implemented OpenAlias, which allows to transform the wallet address into a email-like form. Everyone can register a name like "[[email protected]](mailto:[email protected])". Funds can then be sent to this name, which makes sending crypto much easier and less error-prone. Community Fund This is the one big feature I was most excited about. NavCoin core has implemented the first fully decentralized community fund. Acceptance of proposals and release of funds is all approved by the decentralized network. No central authority has access to the fund. The community fund enables everyone to propose their ideas to the NavCoin community and to get paid to implement these ideas. Everyone can propose whatever they like (of course there is a higher rate of success if the proposal contributes to the NavCoin ecosystem ;-)). In fact, this article was sponsored by the NAV-Community by voting "yes" for my proposal. The fund works like this: For a fee of 50 NAV, everyone can create and present his idea/proposal to the entire NavCoin network. The fee is here to help prevent spam attacks. Proposals can literally be anything - be it development, marketing or anything else you can some up with. After creating the proposal, everyone contributing to the NavCoin network can then decide if they like the proposal of not. They vote with "Yes" or "No" for the acceptance of the proposal. Voting happens via staking. Every transaction that gets validated by you gives you one vote. This means that the more NAV you are staking, the higher your voting weight is. The proposal stays in the state "Pending" until it is accepted or rejected. To be accepted, a proposal has to have a participation of at least 50% of all staked blocks and at least 75% of these votes have to be "Yes"-votes. Like-wise to be rejected a proposal need 50% participation of the network and 75% of these votes have to be "No"-votes. Additionally, if a proposal didn't pass after 6 voting cycles (about 6 weeks) it is also rejected. After a proposal has been accepted, the creator of the proposal can start his work. When the work is finished, or at in the proposal defined checkpoints, the proposal creator can create a payment request for the full or part of the requested funds. The NavCoin network can then again decide, if the work is what the creator promised to do and vote for the funds or reject the payment request because it was not what he promised. This mechanism ensures, that the funds are only release if the creator of the proposal did what he promised. The NavCoin network decides everything, there is no central authority which makes the community fund 100% decentralized. The community fund is quite new but there have already been some proposals that were accepted like paying for the development & hosting of NAV block explorer, the creation and distribution of NAV car stickers to the community for free (or paid by the community fund), the funding of interns for NavCoin Core, translation of the website into other languages and YouTube videos. What ideas could you come up with? By the way: this article was also sponsored by the community fund :-) Proof of Stake Like said before, NavCoin uses the Proof of Stake algorithm to create and validate blocks. Participants of the NavCoin network can earn rewards by putting their coins to stake and thus validating blocks and securing the network. The reward used to be 4% fixed but recently changed with the implementation of PoSv3. Currently, rewards for stakers that are staking 24/7 is about 10% but it is dependent on how many people are staking. If more nodes come online, this reward will go down. If 90% of all NAVs would be at stake, stakers would still earn 4%. Tutorials And Guidelines  The NavCoin Core team pushes the community to contribute to the NavCoin ecosystem constantly. They emphasize that NavCoin is an open source project and everyone can contribute. The team tries to make it as easy as possible for the average person to contribute and thus created different tutorials and guidelines. Tutorials To Contribute To The Website The whole website is open source. Everyone can contribute to the website. The team created different guides for people to follow . The NavCoin Developer Manifesto The content creator core team has build a developer manifesto. It defines the values that should be uphold like for example that they will always operate in the best interest of the network. If defines the principles, purposes, scope of involvement and operational requirements . The NavCoin Content Creation Manifesto Similar to the developer manifesto, there is also a content creation manifesto. Again it defines the principles for creating content, the purpose, the scope of involvement and the operational requirements . NavCoin Brand Guidelines In addition to the content creation manifesto, there is also a brand guideline booklet. This should help content creators to create images, videos, articles etc. in the same style as the core team. It defines the NAV brand. The brand guidelines contain definitions, the language to use (words to use, words not to use), the tone of voice, what the community aspires to be and what we discourage to be. It also contains the logo pack which can be used in graphics etc. It describes correct logo spacing, logo placement, the colors of NAV and different web assets. It gives tips about gradients and overlays, the typefaces (with a font pack) and many more. Check it out yourself . NavCoin Educational Series The core team has decided to actively involve the community in the creation of new features. For this reason and to allow users to ask questions, they created the NavCoin Educational Series. The core team schedules an online live meetup which can be joined by everyone. On YouTube they do live-streams and explain upcoming features. Examples of these series are explanations for cold staking, static rewards (PoSv3) and the community fund. The community can ask questions live and the core team will answer them immediately. Community During the last year there have been an influx of software developers from the community starting to create features for NAV. navexplorer.com An examples is navexplorer.com which is programmed by community developer prodpeak and is a block explorer for NavCoin. Additionally, it functions as a interface to see what is going on in the community fund. It shows pending proposals and payment requests. NEXT Wallet The NEXT Wallet is an alternative wallet for NAV and other cryptocurrencies. It has a beautiful user interface and is additionally the easiest interface to interact with the community fund (create proposals, create payment requests and vote for proposals and payment requests). It is programmed by community developer sakdeniz who put hundreds of hours into it during last year. There were also some marketing activities starting to emerge with the release of the community fund. Some of these were for example free stickers for everyone in the NAV community to stick to their car / shop / window etc. or YouTube videos of CryptoCandor and Cryptomoonie that explained the details of NAV. I am sure, that with the 500'000 NAV available in the community fund per year there will be an influx of gread ideas - development as well as marketing activities - that will be funded.
Introduction These features are planned for the future. Many of the following features are part of the 2019 roadmap. Some will not be described in great detail because not much is known about them yet. I've still listed them as they are part of what is yet to come. Features Rimu - Improved Privacy Solution NavCoin used to be a optional privacy coin. That means, that you could choose to send a transaction in private. NavCoin was criticized for the way it handles private payments because it relied on a few servers which didn't make it that decentralized. The technology was called "NavTech" and was a secondary blockchain that obscured the transaction and the amount that was sent. NavCoin Core is currently developing a new improved privacy solution that will make the private payment system completely trustless and districuted and runs at a protocol level. Alex of the NavCoin Core team has published a paper that describes this new privacy solution. It's called Zero Confidential Transactions and can be found here: https://www.researchgate.net/publication/330366788_ZeroCT_Improving_Zerocoin_with_Confidential_Transactions_and_more. What I want to highlight is the collaboration between Alex as the proposer of the solution and the Veil team, a Bitcoin Core developer and Moneros main cryptographer as reviewers. When the best work together, it will be interesting to see what the outcome is! Valence Plattform  Valence is an applied Blockchain platform that can help businesses realise the tangible benefits of blockchain. You can think of Valence as a platform with which you can build Anonymous Distributed Applications (aDapps) with. But Valence is a different kind of platform that enables developers to create new types of blockchain applications. The problem with current (turing complete) dApp platforms are their complexity and rigid nature. Security holes in smart contracts and scaling issues happen frequently . Valence provides transitional pathways that let businesses migrate only part of their activities to the blockchain without having to restructure their entire business model .
Valence will provide a spectrum of blockchain application solutions which sit along the decentralized spectrum, offering businesses simple ways to dip their toes into the blockchain at minimal risk or complexity .
Thanks to the proof of stake nature of the Valence blockchain, more of a node's resources can be used for processing and routing application data which makes the platform faster and scalable.
Valence aims to make building blockchain applications as accessible to the general public as WordPress or Squarespace has made building websites.
The developers NavCoin and Valence aim to make Valence extremely easy to work with:
A Valence application could be an open source mobile or web application that submits unencrypted or encrypted data directly to the blockchain. The only configuration necessary for the app developer would be setting up the data structure. Once they've done that they can start writing to the blockchain immediately. The Valence blockchain interface is language agnostic, meaning developers are free to build applications in whichever language they're familiar with, which greatly reduces the barrier to entry. As the platform progresses, Valence will introduce more and more smart contract templates in collaboration with the development community. These will be like plugins that users can simply select and configure for their application, without having to reinvent the wheel and risk contract errors or spend countless hours of research to program them.
NavShopper The following information is taken from the latest weekly news: NavShopper is a new project which will allow people to spend NavCoin on a growing list of retailers and service providers. NavShopper sits between traditional retailers accepting fiat and NavCoin users and purchases products on behalf of the user by managing the crypt-fiat conversion, payment and shipping. This project will unlock many more ways for people to spend NAV on existing websites/marketplaces without requiring each site to individually accept cryptocurrencies. Some of the prototypes we are working on include crediting your Uber account, buying products on Amazon and donating to charities. Kauri Wallet The Kauri Wallet aims to be an open-source, multi-currency wallet which functions as a foundation for other features. Kauri Enhanced Enhancements to the Kauri Wallet will allow multiple accounts, pin numbers, recurring payments and more. Kauri DAEx The Kauri DAEx is a Decentralised Atomic Exchange that utilises the features of the Kauri Wallet and enables users to create safe peer to peer atomic exchanges for any currency supported by the Kauri Wallet. NavDelta NavDelta will be a payment gateway that allows users to spend NAV at any business which accepts currencies supported by the Kauri Wallet. NavMorph NavMorph is a fusion of Rimu and Kauri DAEx and will allow to privately send every cryptocurrency supported by the Kauri Wallet.
If you have made it this far: Congratulations! You have learned about how NAV evolved, what its current state is and what the future will bring. To sum all up: NavCoin has made incredible progress during last year and released many long awaited features despite the bear market. Many more exciting features are yet to come and it's going to be very interesting to see where we will stand on this day next year.
Unfortunately, the giveaway was not possible in the cryptocurrency-subreddit because of their rules, so I'm doing it here :-) As a surprise, in the next 2 hours I am going to send some NAV to everyone who wants to try out the awesome features and NavPay you read about above. To get your NAVs, all you have to do is the following:
Download the app NavPay from the Android Play Store or as a iOS user, use the NavPay website
Follow the steps to set up your mobile wallet
Backup your private key (the random words) so you could restore your wallet if your phone breaks or something like that!
Post your public address, so I can send you some NAVs
If you liked the experience, I'd be happy to hear back from you :)
I chose the uphold for bitcoin purchase. I transferred money from my bank account and now uphold is holding my money, unable to proceed with transaction. Wish I red the reviews. Reply. Submit. Hulagirlhands 28 August, 7:17 PM 1.0. I know too many people that have had the money in their uphold accounts locked up. There is too much evidence to ignore. Beware that there is no legitimate way to ... Mobile App. Uphold offers a mobile app that’s available on both Android and iOS. Out of over 2,700 reviews on the Apple App Store, Uphold has a rating of 4.8 stars.According to one review on the App Store, there are sometimes a few issues with being able to access accounts.. On Google Play, the Uphold app has a rating of 4.2 stars with 2,260 reviews. Uphold Wallet Review 2020: Fees, Pros, Cons and Features Created in 2015, Uphold is a digital money transaction platform used by users from more than 180 countries. Author: Nica San Juan I but a bitcoin from my usd account and I was debited after days! Saying to @uphold. A massage saying refund to uphold. I still don’t know what is going on over 17days after have been debt from my usd account. Am yet to understand what is going on, no bitcoin. Was are they saying refund to uphold? I hope I get a quick response about this ... Uphold reported this review for breaching of Trustpilot guidelines. We are currently assessing the review in accordance with our ... Nice amount of investments you can make, have been buying Bitcoin & XRP each month now and using their digital wallet. No complaints! Useful. Share. Reply. You've already flagged this Shannon 2 reviews ...
Uphold Crypto Wallet & Exchange Full Tutorial 2020 - YouTube
Uphold is a reputable service that allows you to purchase bitcoin as well as other assets using your credit card, bank account or cryptocurrency. It's an exc... Hedged Bitcoin review from Uphold and Ternary Intelligence. Full article: https://headlock.io/hedged-bitcoin-review-uphold/ A safer investment account for re... Video explains process of purchasing Bitcoin via Uphold. Please interact and Comment below with questions! 👇 SUBSCRIBE TO CASHFLOW QUEEN'S YOUTUBE CHANNEL NO... In this Uphold Crypto Wallet & Exchange Full Tutorial, I take you through securing your account all the way through to transferring funds and exchanging asse... Join the CryptoDad as he demonstrates a quick, easy, and secure way to purchase bitcoin (and other alt coins) using the Uphold Wallet. You can find the uphol...