Skincoin: The Next-Generation Skin Exchange Solution

Decred Journal – August 2018

Note: you can read this on GitHub (link), Medium (link) or old Reddit (link) to see all the links.

Development

dcrd: Version 1.3.0 RC1 (Release Candidate 1) is out! The main features of this release are significant performance improvements, including some that benefit SPV clients. Full release notes and downloads are on GitHub.
The default minimum transaction fee rate was reduced from 0.001 to 0.0001 DCkB. Do not try to send such small fee transactions just yet, until the majority of the network upgrades.
Release process was changed to use release branches and bump version on the master branch at the beginning of a release cycle. Discussed in this chat.
The codebase is ready for the new Go 1.11 version. Migration to vgo module system is complete and the 1.4.0 release will be built using modules. The list of versioned modules and a hierarchy diagram are available here.
The testnet was reset and bumped to version 3.
Comments are welcome for the proposal to implement smart fee estimation, which is important for Lightning Network.
@matheusd recorded a code review video for new Decred developers that explains how tickets are selected for voting.
dcrwallet: Version 1.3.0 RC1 features new SPV sync mode, new ticket buyer, new APIs for Decrediton and a host of bug fixes. On the dev side, dcrwallet also migrated to the new module system.
Decrediton: Version 1.3.0 RC1 adds the new SPV sync mode that syncs roughly 5x faster. The feature is off by default while it receives more testing from experienced users. Other notable changes include a design polish and experimental Politeia integration.
Politeia: Proposal editing is being developed and has a short demo. This will allow proposal owners to edit their proposal in response to community feedback before voting begins. The challenges associated with this feature relate to updating censorship tokens and maintaining a clear history of which version comments were made on. @fernandoabolafio produced this architecture diagram which may be of interest to developers.
@degeri joined to perform security testing of Politeia and found several issues.
dcrdata: mainnet explorer upgraded to v2.1 with several new features. For users: credit/debit tx filter on address page, showing miner fees on coinbase transaction page, estimate yearly ticket rewards on main page, cool new hamburger menu and keyboard navigation. For developers: new chain parameters page, experimental Insight API support, endpoints for coin supply and block rewards, testnet3 support. Lots of minor API changes and frontend tweaks, many bug fixes and robustness improvements.
The upcoming v3.0 entered beta and is deployed on beta.dcrdata.org. Check out the new charts page. Feedback and bug reports are appreciated. Finally, the development version v3.1.0-pre is on alpha.dcrdata.org.
Android: updated to be compatible with the latest SPV code and is syncing, several performance issues are worked on. Details were posted in chat. Alpha testing has started, to participate please join #dev and ask for the APK.
iOS: backend is mostly complete, as well as the front end. Support for devices with smaller screens was improved. What works now: creating and recovering wallets, listing of transactions, receiving DCR, displaying and scanning QR codes, browsing account information, SPV connection to peers, downloading headers. Some bugs need fixing before making testable builds.
Ticket splitting: v0.6.0 beta released with improved fee calculation and multiple bug fixes.
docs: introduced new Governance section that grouped some old articles as well as the new Politeia page.
@Richard-Red created a concept repository sandbox with policy documents, to illustrate the kind of policies that could be approved and amended by Politeia proposals.
decred.org: 8 contributors added and 4 removed, including 2 advisors (discussion here).
decredmarketcap.com is a brand new website that shows the most accurate DCR market data. Clean design, mobile friendly, no javascript required.
Dev activity stats for August: 239 active PRs, 219 commits, 25k added and 11k deleted lines spread across 8 repositories. Contributions came from 2-10 developers per repository. (chart)

Network

Hashrate: went from 54 to 76 PH/s, the low was 50 and the new all-time high is 100 PH/s. BeePool share rose to ~50% while F2Pool shrank to 30%, followed by coinmine.pl at 5% and Luxor at 3%.
Staking: 30-day average ticket price is 95.6 DCR (+3.0) as of Sep 3. During the month, ticket price fluctuated between a low of 92.2 and high of 100.5 DCR. Locked DCR represented between 3.8 and 3.9 million or 46.3-46.9% of the supply.
Nodes: there are 217 public listening and 281 normal nodes per dcred.eu. Version distribution: 2% at v1.4.0(pre) (dev builds), 5% on v1.3.0 (RC1), 62% on v1.2.0 (-5%), 22% on v1.1.2 (-2%), 6% on v1.1.0 (-1%). Almost 69% of nodes are v.1.2.0 and higher and support client filters. Data snapshot of Aug 31.

ASICs

Obelisk posted 3 email updates in August. DCR1 units are reportedly shipping with 1 TH/s hashrate and will be upgraded with firmware to 1.5 TH/s. Batch 1 customers will receive compensation for missed shipment dates, but only after Batch 5 ships. Batch 2-5 customers will be receiving the updated slim design.
Innosilicon announced the new D9+ DecredMaster: 2.8 TH/s at 1,230 W priced $1,499. Specified shipping date was Aug 10-15.
FFMiner DS19 claims 3.1 TH/s for Blake256R14 at 680 W and simultaneously 1.55 TH/s for Blake2B at 410 W, the price is $1,299. Shipping Aug 20-25.
Another newly noticed miner offer is this unit that does 46 TH/s at 2,150 W at the price of $4,720. It is shipping Nov 2018 and the stats look very close to Pangolin Whatsminer DCR (which has now a page on asicminervalue).

Integrations

www.d1pool.com joined the list of stakepools for a total of 16.
Australian CoinTree added DCR trading. The platform supports fiat, there are some limitations during the upgrade to a new system but also no fees in the "Early access mode". On a related note, CoinTree is working on a feature to pay household bills with cryptocurrencies it supports.
Three new OTC desks were added to exchanges page at decred.org.
Two mobile wallets integrated Decred:
Reminder: do your best to understand the security and privacy model before using any wallet software. Points to consider: who controls the seed, does the wallet talk to the nodes directly or via middlemen, is it open source or not?

Adoption

Merchants:

Marketing

Targeted advertising report for August was posted by @timhebel. Facebook appeal is pending, some Google and Twitter campaigns were paused and some updated. Read more here.
Contribution to the @decredproject Twitter account has evolved over the past few months. A #twitter_ops channel is being used on Matrix to collaboratively draft and execute project account tweets (including retweets). Anyone with an interest in contributing to the Twitter account can ask for an invitation to the channel and can start contributing content and ideas there for evaluation by the Twitter group. As a result, no minority or unilateral veto over tweets is possible. (from GitHub)

Events

Attended:
For those willing to help with the events:
BAB: Hey all, we are gearing up for conference season. I have a list of places we hope to attend but need to know who besides @joshuam and @Haon are willing to do public speaking, willing to work booths, or help out at them? You will need to be well versed on not just what is Decred, but the history of Decred etc... DM me if you are interested. (#event_planning)
The Decred project is looking for ambassadors. If you are looking for a fun cryptocurrency to get involved in send me a DM or come talk to me on Decred slack. (@marco_peereboom, longer version here)

Media

Decred Assembly episode 21 is available. @jy-p and lead dcrwallet developer @jrick discussed SPV from Satoshi's whitepaper, how it can be improved upon and what's coming in Decred.
Decred Assembly episodes 1-21 are available in audio only format here.
New instructional articles on stakey.club: Decrediton setup, Deleting the wallet, Installing Go, Installing dcrd, dcrd as a Linux service. Available in both English and Portuguese.
Decred scored #32 in the August issue of Chinese CCID ratings. The evaluation model was explained in this interview.
Satis Group rated Decred highly in their cryptoasset valuation research report (PDF). This was featured by several large media outlets, but some did not link to or omitted Decred entirely, citing low market cap.
Featured articles:
Articles:
Videos:

Community Discussions

Community stats:
Comm systems news:
After another debate about chat systems more people began testing and using Matrix, leading to some gardening on that platform:
Highlights:
Reddit: substantive discussion about Decred cons; ecosystem fund; a thread about voter engagement, Politeia UX and trolling; idea of a social media system for Decred by @michae2xl; how profitable is the Obelisk DCR1.
Chats: cross-chain trading via LN; plans for contractor management system, lower-level decision making and contractor privacy vs transparency for stakeholders; measuring dev activity; what if the network stalls, multiple implementations of Decred for more resilience, long term vision behind those extensive tests and accurate comments in the codebase; ideas for process for policy documents, hosting them in Pi and approving with ticket voting; about SPV wallet disk size, how compact filters work; odds of a wallet fetching a wrong block in SPV; new module system in Go; security of allowing Android app backups; why PoW algo change proposal must be specified in great detail; thoughts about NIPoPoWs and SPV; prerequisites for shipping SPV by default (continued); Decred vs Dash treasury and marketing expenses, spending other people's money; why Decred should not invade a country, DAO and nation states, entangling with nation state is poor resource allocation; how winning tickets are determined and attack vectors; Politeia proposal moderation, contractor clearance, the scale of proposals and decision delegation, initial Politeia vote to approve Politeia itself; chat systems, Matrix/Slack/Discord/RocketChat/Keybase (continued); overview of Korean exchanges; no breaking changes in vgo; why project fund burn rate must keep low; asymptotic behavior of Decred and other ccs, tail emission; count of full nodes and incentives to run them; Politeia proposal translations and multilingual environment.
An unusual event was the chat about double negatives and other oddities in languages in #trading.

Markets

DCR started the month at USD 56 / BTC 0.0073 and had a two week decline. On Aug 14 the whole market took a huge drop and briefly went below USD 200 billion. Bitcoin went below USD 6,000 and top 100 cryptos lost 5-30%. The lowest point coincided with Bitcoin dominance peak at 54.5%. On that day Decred dived -17% and reached the bottom of USD 32 / BTC 0.00537. Since then it went sideways in the USD 35-45 / BTC 0.0054-0.0064 range. Around Aug 24, Huobi showed DCR trading volume above USD 5M and this coincided with a minor recovery.
@ImacallyouJawdy posted some creative analysis based on ticket data.

Relevant External

StopAndDecrypt published an extensive article "ASIC Resistance is Nothing but a Blockchain Buzzword" that is much in line with Decred's stance on ASICs.
The ongoing debates about the possible Sia fork yet again demonstrate the importance of a robust dispute resolution mechanism. Also, we are lucky to have the treasury.
Mark B Lundeberg, who found a vulnerability in atomicswap earlier, published a concept of more private peer-to-peer atomic swaps. (missed in July issue)
Medium took a cautious stance on cryptocurrencies and triggered at least one project to migrate to Ghost (that same project previously migrated away from Slack).
Regulation: Vietnam bans mining equipment imports, China halts crypto events and tightens control of crypto chat groups.
Reddit was hacked by intercepting 2FA codes sent via SMS. The announcement explains the impact. Yet another data breach suggests to think twice before sharing any data with any company and shift to more secure authentication systems.
Intel and x86 dumpsterfire keeps burning brighter. Seek more secure hardware and operating systems for your coins.
Finally, unrelated to Decred but good for a laugh: yetanotherico.com.

About This Issue

This is the 5th issue of Decred Journal. It is mirrored on GitHub, Medium and Reddit. Past issues are available here.
Most information from third parties is relayed directly from source after a minimal sanity check. The authors of Decred Journal have no ability to verify all claims. Please beware of scams and do your own research.
Feedback is appreciated: please comment on Reddit, GitHub or #writers_room on Matrix or Slack.
Contributions are welcome too. Some areas are collecting content, pre-release review or translations to other languages. Check out @Richard-Red's guide how to contribute to Decred using GitHub without writing code.
Credits (Slack names, alphabetical order): bee, Haon, jazzah, Richard-Red and thedecreddigest.
submitted by jet_user to decred [link] [comments]

4 Sub-$10 Million Market Cap Coins Worth Keeping An Eye On

1. Spectrecoin ($XSPEC) – $8.6 Million

What is Spectrecoin?

Utilizing a “range of proven cryptographic techniques” to achieve anonymous, untraceable, and un-linkable transactions, Spectrecoin is a secure Proof-of-Stake cryptocurrency enabling rapid P2P transactions and network privacy. Specifically, Spectrecoin is pulling out all the stops in order to protect user identity through their integration of:
At its core, Spectre’s dual coin system sanctions four fundamental types of privacy and anonymity transactions, XSPEC > XSPEC, XSPEC > SPECTRE, SPECTRE > SPECTRE, and SPECTRE > XSPEC, providing a plethora of transaction options for every type of user.
And finally, if you’re looking for the TLDR (too long, didn’t read), Spectrecoin notes the best way to understand SPECTRE is to think of Bitcoin + Proof-of-Stake.v3 + anonymous transactions (similar to Monero) + Tor (for IP obfuscation).

Why You Should Keep an Eye On XSPEC

Unlike several other privacy coins which merely provide a Tor proxy—availing users to potential malicious exit nodes—Spectrecoin is fully integrated with Tor, a reliable and tested network providing one of the largest pools of IP addresses for confidentiality and untraceability.
Coupled with staking, set at a 5% minimum per year, Spectrecoin offers a unique proposition (the only one in blockchain) for users looking to earn rewards while remaining anonymous by staking anonymous coins while generating more, fresh anonymous ones.
Furthermore, for those looking for affirmation of Spectrecoin’s commitment to anonymity, not even the developers know each other’s real names—something that would have made walking away from a lacklustre ICO (which only raised 16 BTC at $600/700 per BTC) all too easy.
Spectre has emphasized organic growth without an excessive and aggressive marketing push, opting instead for a working product and timely improvements to meet the ever-changing privacy arms race. And, with their funding gap set around £19,000, users can take solace in knowing the project isn’t an outright cash grab asking for millions to further tenuous goodwill—like far too many projects in the cryptosphere.
At time of writing, XSPEC is listed on CoinMarketcap at US$0.41 or 5,970 Satoshis.
Finally, if you’re wondering how Spectrecoin stacks up to other privacy coins, such as Monero, PIVX, and Zcash, check out this comparison chart.

2. FundRequest ($FND) – $1 Million

What is FundRequest?

In an age where open source software is an integral component for institutional, government, and nonprofit function and growth, there unfortunately remains a hindering factor—a cohesive, transparent, and styled request and transaction flow.
Cue FundRequest, a decentralized marketplace for open source collaboration and catalyst for global open source sharing and circulation, empowering organizations, government, and other entities to:
Need to brush up on what exactly ‘open source’ means? The Open Source Initiative describes the concept of ‘open source’ as a tool which “enables a development method for software that harnesses the power of distributed peer review and transparency of process.”
For example, a requesting organization (referred to as the funder) will allot set funds—stored in a smart contract (i.e., escrow)—in order to tackle an open source issue, which is then picked up and solved by a developer (the solver). In order to eliminate malicious behavior, FundRequest requires solvers to “have skin in the game,” by staking proportional valued funds, all released and claimed once the issue is solved.
Simply put, FundRequest is the go-to facilitating and incentivization platform (similar to Airbnb and Uber) for funding, claiming, and rewarding open source commits and contributions, leading to an enriched and more collaborative open source ecosystem.

Why You Should Keep an Eye On FND

With an estimated US$60 billion-plus in savings per year for organizations and institutions, thanks to open-source software and technology adoption, FundRequest is set to act as the glue which connects all dispersed and integral parts and actors. Traditional software, prohibitive costs, and predatory vendor practices are proving not to be conducive towards maximal technological growth and development, as most people and organizations just simply can’t afford or maintain it.
Plus, with a clear push by both private and public sectors to leverage community-based software for development and distribution over the last decade, it’s expanding at rapid pace. In 2018, it’s approximated over 50% of European and North American companies utilize open source software for “crucial applications,” along with over 50% of American government organizations.
This is no small industry.
GitHub alone boasts over 24 million users (more than 8 times their user base five years ago), and it’s estimated that in the EU and United States combined, there’s over 160 million persons working as freelancers and independent contractors in what’s known as the “gig economy.” And that’s just the tip of the iceberg, with over 60% of online gig economy workers accounted for in Asia.
As of August 1st, FND’s price sits at right around US$0.03 or 472 Satoshis.
Finally, for open source projects and ERC-20 token projects looking to increase development capacity, consider checking out FundRequest for potential partnerships. Already in their short tenure, FundRequest has partnered with:

3. COSS ($COSS) – $7.7 Million

What is COSS?

Redefining convenience, simplicity, and compatibility, and short for the “Crypto One-Stop Solution’ exchange and platform, COSS is the native token and liquidity attraction tool of the Singapore-based exchange, boasting some of the most popular altcoins on the market while enabling users to receive weekly payouts in “dust” for all traded tokens.
Specifically, COSS is looking to provide more than just a simple, fast, and secure cryptocurrency trading exchange—they’re building a borderless, digital economical system to bring cryptocurrencies to the masses via:
Ultimately, COSS is looking to shake up the cryptocurrency exchange ecosystem through improved user experience, heightened product and feature functions, and a comprehensive foundation for employers, startups, companies, and traders to build towards a more accessible and mainstream cooperative blockchain community.

Why You Should Keep an Eye on COSS

With the rapid and gargantuan successes enjoyed by both Kucoin and Binance in 2018, crypto exchanges employing user-friendly token incentivization models are becoming a go-to for users looking to generate passive income while diversifying their crypto portfolio.
However, unlike other cryptocurrency exchanges which have lowered their daily fee splits to nominal amounts, COSS has stayed true towards user rewards, keeping their daily percentage at 50%—paying out the respective dividends via a decentralized autonomous organization, ultimately guaranteeing an immutable percentage.
In order to stay competitive in the present-day blockchain ecosystem, COSS’s whitepaper notes a minimum of 3-5 new features implemented per quarter. In the past several months, below are just several of their most notable achievements:
And, if you’re looking to know what COSS’s endgame here is, their goal is to shift completely towards a decentralized autonomous organization (DAO) in the future, where governance and decision making is outlined in code and run by a peer-to-peer network.
Currently, COSS’s price is listed at US$0.06 or 935 Satoshis on Coinmarketcap.
Finally, if you’re curious about COSS’s fee sharing, check out the COSS fee share calculator, which provides an accurate picture of your monthly exchange fee earnings relative to the amount of COSS owned. One Reddit user recently posted, and provided a screenshot, showing the COSS annual dividends to be at nearly 10% per year.

4. Lamden ($TAU) – $6.9 Million

What is Lamden?

Named after the Sherpa language word meaning “to guide,” Lamden is staying true to its name by easing the creation and deployment of dapps and custom blockchains.
At its core, Lamden is providing a suite of developer tools mimicking “modern development processes in such tech stacks as Node.js or Python.” Simply put, Lamden is supplying the building blocks for experienced and amateur blockchain developers alike, enabling organizations and enterprise to skirt the energy and time costs of hiring and training expensive blockchain developers—ultimately speeding up efficiency and reducing overhead costs.
Lamden is broken up into three fundamental sections, which all are in furtherance of project depth and the deployment of hyperfast blockchains for developers to not only experiment with, but test and deploy across other blockchain systems and platforms:
Furthermore, Lamden supports the Ethereum network and Bitcoin-based blockchains at present, and boasts zero transaction fees and free chain-to-chain payments in exchange for chain allocation a specific amount of bandwidth for confirming payment channel transactions—meaning that its users are able to transact for free as a result of corporate entities bearing the network load and processing.

Why You Should Keep an Eye On TAU

Having released their ‘Cilantro’ testnet alpha in February 2018, Lamden has since hit the ground running, rolling out their first version of Clove soon after and tackling the necessary tune-ups and improvements in preparation of their mainnet launch in Q4 2018. Lamden’s mainnet is set to utilize a unique combination of Delegated Proof-of-Stake (DPoS) and the BFT Protocol, and will scale to process nearly 10,000 transactions per second.
Moreover, in April 2018, Lamden announced the creation of LamDEX, their own decentralized cryptocurrency exchange and platform, where users will be able to stake their TAU—the native token of the Lamden platform—to act as a market maker, allowing for a cohesive back and forth across the TAU pair at prices faintly above and below market cost, ultimately generating rewards.
With a rather daunting and tedious task ahead for anyone looking to utilize and incorporate existing smart contracts—which involves the manual searching for such on GitHub (a general repository website)—Lamden is truly adding value to blockchain and application development through their smart contract repository. Unlike GitHub, Lamden supports dependencies, versioning, and security, all essential elements for a quality package manager.
Doing so adds not only convenience, but practicality to smart contract packages and implementation, and stands to save enterprise and organizations both exorbitant developer costs and time.
If you’d like to learn more about Lamden’s developer tool suite, check out this complete overview from their blog.
At the time of writing, Lamden’s price according to Coinmarketcap is US$0.04 or 699 Satoshis.
To get a better picture of Lamden and their blockchain development tools ecosystem, check out this explanatory YouTube video from their channel.
Final Thoughts
Risk is inevitable when investing in crypto and blockchain projects. However, as long as you are cognizantly defining parameters for absorbing such risk, then diversifying your portfolio with smaller capped projects can be an effective way to realize value.
Whether you’re looking for a user-friendly exchange to purchase crypto directly with fiat from (and earn dividends for loyalty) or wanting to execute anonymous and secure transactions with a P2P coin, the aforementioned projects are all bringing value to the crypto sphere through their overhaul of ineffective traditional mechanisms and institutions.
Make sure to stay calm and collected during this bear market, associate yourself with quality projects that you think are bringing actual value to severely flawed industries, and remember, having a little gamble in you never hurts (as long as it’s properly accounted for).
Source: https://www.investinblockchain.com/sub-10-million-coins/
B0x: Gustafio
submitted by Marlie3 to altcoinforum [link] [comments]

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