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Crypto Tips: Here's What's Up With zDEX
- Tuesday, 06 November 2018 01:23
Find me on Steemit: www.steemit.com/@heiditravels
Twitter: @blockchainchick
Instagram: @hheidiann
Bit.tube: RealCryptoTips
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LINKS FOR ADDITIONAL READING FOR THIS VIDEO & ALL INFO IN TEXT DOWN BELOW
https://pivx.org/zdex/
zDEX exchange: https://zdex.exchange/
zDEX tutorial: https://zdex.exchange/tutorials
zPIV Protocol: https://pivx.org/zpiv/
PIVX Masternode Resources: https://pivxmasternode.org/
Roadmap and DEX: https://forum.pivx.org/t/road-map-and-dex/3538
Reddit: https://www.reddit.com/r/pivx/comments/7o4ht0/dex_and_unity/
First, let’s understand some of the aspects of zDEX that make it different.
To access this zDEX, which stands for Zerocoin Decentralized Exchange, you will need to download the zDEX app, right now it is available for Windows, Mac and Linux operating systems. Which is a lot better than using a DEX through a website as the web hosting servers can often be easily targeted by hackers, we’ve seen this already with EtherDelta and MyEtherWallet.
zDEX is run with the PIVX masternode system and zDEX nodes. This masternode network is what coordinates multisignature escrow accounts and orderbook matching.
The “z” in zDEX comes from the fact that zDEX allows trades that ultimately involve zPIV coins which is a Zerocoin protocol version of PIVX that provide off-chain anonymity of those coins. It doesn’t help to anonymize any other coins that are involved with the trade like BTC or DASH, but when you trade BTC for zPIV on this DEX you are receiving an off-chain anonymous one-to-one kind of version of PIV coins.
There’s another interesting feature to zDEX and that’s the fact that user accounts expire after 24 hours. There’s no need to freak out over this one, it doesn’t mean that your funds are taken after 24hrs. This means that after 24 hours you’re able to move your funds either to a new account or to another wallet.
This feature exists out of the effort of keeping zDEX decentralized. This feature is what prevents the devs from having or needing centralized control to perform order manipulation to remove erroneous accounts.
The income generated from the fees on this exchange will be distributed to development and to the zdex nodes. 80% of the fees will be paid to the zDEX team to ensure funding for continued improvements and new features, and 20% will be distributed to the zDEX nodes running the exchange. If you’re interested in playing a more integral part of this DEX and help it to achieve a more decentralized network of nodes, you can setup a zDEX node which will require you to own and lock up 10,000 PIVX and a computer that is able to run 24/7. When you set up a zDEX node, you can expect to receive up to 0.025 BTC a month as long as there is an average of 100 BTC trade volume per day. The share of the trade fee is determined per trade that is made by the help of your zDEX node.
For every trade, 15 nodes are randomly selected from the zDEX node network and grouped together to confirm the trade. When the trade occurs, the 15 nodes (or less if some drop off the network before it but no less than 10 online nodes) get the share of the fee of that particular trade in the type of coin that was traded. (if LTC was traded, then zDEX nodes will receive the fee in LTC)
Note that each zDEX node can be part of multiple groups and can also perform multiple transactions at the same time.
It’s worth it to note that if you set up a zDEX node, in addition to earning a percentage of the trade fees, you will also earn PIVX masternode rewards.
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One Minute Economics: The IMF's Special Drawing Rights (SDR or XDR) Defined and Explained in One Minute
- Monday, 05 November 2018 13:43
Some economists believe the Special Drawing Rights of the International Monetary Fund, commonly referred to using the abbreviation SDR although the currency code is XDR, might eventually act as the new worldwide reserve currency.
But what are Special Drawing Rights?
Also, what is the main "selling point" of the SDR/XDR compared to traditional currencies?
While wrapping your head around the IMF's Special Drawing Rights isn't the easiest thing in the world, understanding the SDR/XDR equation and its many implications is definitely possible.
Through today's animation, I'm putting Special Drawing Rights under the microscope so as to do just that!
To support the channel, give me a minute (see what I did there?) of your time by visiting OneMinuteEconomics.com and reading my message.
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Rethinking The Dollar: RTD Live Talk w/ Mike: 'How Many More Tricks In Fed Monetary Tool Kit?'
- Tuesday, 06 November 2018 04:07
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RTD Live Talk w/ Mike: "How Many More Tricks In Fed Monetary Tool Kit?" (#Detroit’s #1 Talk Show) - #GetYourWeightUp
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Rethinking The Dollar: RTD Live Talk w/ Mike: 'You Can Get Two Grams of Gold For the Price of One In Venezuela'
- Tuesday, 06 November 2018 04:31
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RTD Live Talk w/ Mike: "You Can Get Two #Grams of #Gold For the Price of One In #Venezuela" (#Detroit’s #1 Talk Show) - #GetYourWeightUp
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Get a copy of the eBook "Gold & Economic Freedom" by Alan Greenspan here:
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Get FREE educational reading & interview resources at RTD website:
1. The Simplicity of Money (4 Things You Didn’t Learn In School) -
https://www.rethinkingthedollar.com/education/
2. 5 Reasons To Hold Gold Before The Next Recession –
http://bit.ly/5ReasonsEbook
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DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar". Opinions expressed in this video should not be relied on for making investment decisions, tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education.
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Crypto Crow: WCC Recap - OTC Trading - Crypto Updates - Lets Hang Out
- Monday, 05 November 2018 20:05
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WHAT WORKS FOR ME TODAY MAY NOT WORK FOR YOU TOMORROW.
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Adam Meister: Bitcoin over politics! The glamour trap, Trading does not solve your fiat problems, Gwyneth Paltrow
- Tuesday, 06 November 2018 02:21
Santiago, Chile- Welcome to the 1 Bitcoin Show! I am actually talking about Gwyneth Paltrow in one of my Bitcoiin videos! What happened to this world? Don't get caught in the crypto-glamour trap! Are you down in terms of fiat? Trading won't fix that. Value your wealth in Bitcoin and you will see things differently. Some much voting distractions, if only these people had paid attention to Bitcoin instead....
Bitcoin over politics! https://twitter.com/CantHardyWait/status/1056987514291003392 Gwyneth Paltrow tweet- https://twitter.com/GwynethPaltrow/status/1059491821292679168
Gwyneth Paltrow https://www.ccn.com/mainstream-gwyneth-paltrow-promotes-bitcoin-investing-guide-on-twitter/
TechBalt.com has every This Week In Bitcoin show!
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Altcoin Buzz: Altcoin Surge - What's Next For Ethereum, Cardano, AION, & BAT?
- Tuesday, 06 November 2018 02:49
Visit our website: https://altcoinbuzz.io
We have had a nice rally over the weekend, for instance, Ethereum was up 9% at its peak this Sunday and Bitcoin Cash went up 38% from Friday to Sunday. In this video, Marten will focus on Ethereum, Cardano, Aion, and BAT.
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Crypto Zombie: DUSK Network | Decentralized Infrastructure For Anonymous Bi-Directional Data Transmission $DUSK
- Tuesday, 06 November 2018 00:51
The DUSK Network is a decentralized infrastructure that enables fast, anonymous and secure bi-directional transmission of data among equipotent peers, paid for by a privacy-oriented cryptocurrency: DUSK. The DUSK Network was conceived to be the first unrestricted and fully distributed communication network that does not compromise high data-rate transmission capabilities with the security and anonymity of its peers.
The system features a new consensus algorithm vastly more efficient than proof-of-work or proof-of-stake called Segregated Byzantine Agreement, and built on top of a low-latency gossip network which utilizes non-repliable datagram and garlic routing in order to prevent IP Address propagation. Finally, the DUSK Network is complemented with an off-online file transfer mechanism and with realtime Dusk payment channel to enable undetectable and fast peer-to-peer data communication through a technique we call Secure Tunnel Switching.
DUSK Network in a nutshell (TL;DR): https://medium.com/dusk-network/dusk-in-a-nutshell-50b6e8a17c00
Featured in this interview: Emanuele Francioni (Project & Tech Lead) and Jelle Pol (Business & Product Dev).
DUSK Website: https://dusk.network/
DUSK Telegram: https://t.me/DuskNetwork
DUSK Twitter: https://twitter.com/duskfoundation
DUSK Medium: https://medium.com/dusk-network
1:14 What is DUSK Network?
2:00 How can you be both private and compliant?
3:30 What is the main focus of dusk?
6:58 What is your opinion of STOs?
11:20 So.. it doesn’t matter how many tokens you own?
15:19 Do you see any issues with regulation globally?
16:38 Is it up to the individual to adhere to their local requirements?
17:25 What is the role of the DUSK Foundation?
21:33 What is Segregated Byzantine Agreement?
27:06 How decentralized is DUSK Network REALLY?
29:46 How would you address a critical bug in the future?
32:46 What are some real world uses cases for DUSK Network?
38:02 What can we expect short term and long term?
40:30 Any last thoughts?
DISCLAIMER: This is a sponsored interview designed to educate and inform only. In no way does this video condone or suggest you should purchase DUSK tokens now or in the future. I am not a financial advisor. This is not financial advice. The views expressed in this interview are just my opinion. Investing in ICOs is inherently risky. Always do your own research before investing. I am not responsible for your investments or trades.
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DISCLAIMER: I am not a financial advisor. This is not financial advice. This is just my opinion. Always do your own research before investing. I am not responsible for your trades…
Why $10 Million BTC is Possible: Declining Mining Difficulty Could Trigger the Next Bull Run
https://youtu.be/Ps-lRb1QLR4
Watch this video again because it's awesome:
https://youtu.be/6gAuXM0JeOM
#dusknetwork #dusk #emanuelefrancioni #jellepol #cryptozombie #cryptocurrency #blockchain #crypto #bitcoin #btc #ethereum #eth #ripple #xrp $BTC $ETH $XRP $DUSK
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Arcane Bear: Paying Bills With Bitcoin?! Blind Date W/ Crypto Creators- (NuggetsNews & Arcane Bear)
- Tuesday, 06 November 2018 02:06
Apprently you can pay all your bills with Bitcoin in Australia, WE dive in for a user curated content creation this time as some of our family members connected us with Alex Suanders of Nuggets news. We go from Bitcoin and blockchain to the change of progressive thinking in the world accepting the use case of MDMA - Join us for this wonderful podcast.
Be sure to check them out at www.nuggetsnews.com.au
#bitcoin #blockchain #crypto
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Naomi Brockwell: CEO of Overstock thinks the Govt Should do this for Bitcoin
- Tuesday, 06 November 2018 02:42
CEO of Overstock, Patrick Byrne, talks with me at Porcfest about the financial system, and what he believes should be the government's role in bitcoin.
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BTC:
37xcH3CgPUZNHDnhsihcZprHDdSD2ST8m1
BCH:
bitcoincash:qrvq77guzjajf549g727dastmxrf2jsgjsl34rjfg8
Dash:
XwdzPHwqVnCpJAnqJHEzxrJyPcBTCGLA2T
Litecoin:
MQLTCXmcswso2zP8FVXdUwKbByriaKjA4c
Zcash (ZEC):
t1efmA8uL5AZtrA1C4EBet8kE65zPPnj9eV
ETH:
0x7603d2c5C00266D5d155a651840eaa22aef590dA
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