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Ethereum on ARM. New Eth2.0 Raspberry Pi 4 image for joining the Medalla multi-client testnet. Step-by-step guide for installing and activating a validator (Prysm, Teku, Lighthouse and Nimbus clients included)
TL;DR: Flash your Raspberry Pi 4, plug in an ethernet cable, connect the SSD disk and power up the device to join the Eth2.0 medalla testnet. The image takes care of all the necessary steps to join the Eth2.0 Medalla multi-client testnet , from setting up the environment and formatting the SSD disk to installing, managing and running the Eth1.0 and Eth2.0 clients. You will only need to choose an Eth2.0 client, start the beacon chain service and activate / run the validator. Note: this is an update for our previous Raspberry Pi 4 Eth2 image  so some of the instructions are directly taken from there.
Based on Ubuntu 20.04 64bit.
Automatic USB disk partitioning and formatting
Adds swap memory (ZRAM kernel module + a swap file)
Changes the hostname to something like “ethnode-e2a3e6fe” based on MAC hash
Automatically syncs Eth1 Goerli testnet (Geth)
Includes an APT repository for installing and upgrading Ethereum software
Includes 4 Eth2.0 clients
Includes EF eth2.0-deposit-cli tool
Includes 5 monitoring dashboards based on Grafana / Prometheus
Geth: 1.9.20  (official binary) configured for syncing Goerli Testnets
Eth2.0-deposit-cli: 0.2.1 (bundled) 
Prysm: 1.0.0alpha24 
Beacon Chain (official binary)
Validator binary (official binary)
Teku: 0.12.4alpha+20200821 (compiled) 
Lighthouse 0.2.8 (official binary) 
Nimbus 0.5.0 (compiled) 
Grafana 7.0.4 (official package) 
INSTALLATION GUIDE AND USAGE
RECOMMENDED HARDWARE AND SETUP
Raspberry 4 (model B) - 4GB or 8GB (8 GB RAM highly recommended)
MicroSD Card (16 GB Class 10 minimum)
SSD USB 3.0 disk (see storage section)
A case with heatsink and fan (Optional but strongly recommended)
USB keyboard, Monitor and HDMI cable (micro-HDMI) (Optional)
STORAGE You will need an SSD to run the Ethereum clients (without an SSD drive there’s absolutely no chance of syncing the Ethereum blockchain). There are 2 options: Use an USB portable SSD disk such as the Samsung T5 Portable SSD. Use an USB 3.0 External Hard Drive Case with a SSD Disk. In our case we used a Inateck 2.5 Hard Drive Enclosure FE2011. Make sure to buy a case with an UASP compliant chip, particularly, one of these: JMicron (JMS567 or JMS578) or ASMedia (ASM1153E). In both cases, avoid getting low quality SSD disks as it is a key component of your node and it can drastically affect the performance (and sync times). Keep in mind that you need to plug the disk to an USB 3.0 port (in blue). IMAGE DOWNLOAD AND INSTALLATION 1.- Download the image: http://www.ethraspbian.com/downloads/ubuntu-20.04.1-preinstalled-server-arm64+raspi-eth2-medalla.img.zip SHA256 149cb9b020d1c49fcf75c00449c74c6f38364df1700534b5e87f970080597d87 2.- Flash the image Insert the microSD in your Desktop / Laptop and download the file. Note: If you are not comfortable with command line or if you are running Windows, you can use Etcher  Open a terminal and check your MicroSD device name running: sudo fdisk -l You should see a device named mmcblk0 or sdd. Unzip and flash the image: unzip ubuntu-20.04.1-preinstalled-server-arm64+raspi-eth2-medalla.img.zip sudo dd bs=1M if=ubuntu-20.04.1-preinstalled-server-arm64+raspi.img of=/dev/mmcblk0 conv=fdatasync status=progress 3.- Insert de MicroSD into the Raspberry Pi 4. Connect an Ethernet cable and attach the USB SSD disk (make sure you are using a blue port). 4.- Power on the device The Ubuntu OS will boot up in less than one minute but you will need to wait approximately 7-8 minutes in order to allow the script to perform the necessary tasks to install the Medalla setup (it will reboot again) 5.- Log in You can log in through SSH or using the console (if you have a monitor and keyboard attached)
User: ethereum Password: ethereum
You will be prompted to change the password on first login, so you will need to log in twice. 6.- Forward 30303 port in your router (both UDP and TCP). If you don’t know how to do this, google “port forwarding” followed by your router model. You will need to open additional ports as well depending on the Eth2.0 client you’ve chosen. 7.- Getting console output You can see what’s happening in the background by typing: sudo tail -f /valog/syslog 8.- Grafana Dashboards There are 5 Grafana dashboards available to monitor the Medalla node (see section “Grafana Dashboards” below).
The Medalla Eth2.0 multi-client testnet
Medalla is the official Eth2.0 multi-client testnet according to the latest official specification for Eth2.0, the v0.12.2  release (which is aimed to be the final) . In order to run a Medalla Eth 2.0 node you will need 3 components:
An Eth1.0 node running the Goerli testnet in sync . Geth in our case.
An Eth2.0 Beacon Chain connected to the Eth1.0 node. You will need to choose a client here (Prysm, Lighthouse, Teku or Nimbus)
An Eth2.0 Validator connected to the Beacon Chain (same client as the Beacon Chain)
The image takes care of the Eth1.0 setup. So, once flashed (and after a first reboot), Geth (Eth1.0 client) starts to sync the Goerli testnet. Follow these steps to enable your Eth2.0 Ethereum node: CREATE THE VALIDATOR KEYS AND MAKE THE DEPOSIT We need to get 32 Goerli ETH (fake ETH) ir order to make the deposit in the Eth2.0 contract and run the validator. The easiest way of getting ETH is by joining Prysm Discord's channel. Open Metamask , select the Goerli Network (top of the window) and copy your ETH Address. Go to: https://discord.com/invite/YMVYzv6 And open the “request-goerli-eth” channel (on the left) Type: !send $YOUR_ETH_ADDRESS (replace it with the one copied on Metamask) You will receive enough ETH to run 1 validator. Now it is time to create your validator keys and the deposit information. For your convenience we’ve packaged the official Eth2 launchpad tool . Go to the EF Eth2.0 launchpad site: https://medalla.launchpad.ethereum.org/ And click “Get started” Read and accept all warnings. In the next screen, select 1 validator and go to your Raspberry Pi console. Under the ethereum account run: cd && deposit --num_validators 1 --chain medalla Choose your mnemonic language and type a password for keeping your keys safe. Write down your mnemonic password, press any key and type it again as requested. Now you have 2 Json files under the validator_keys directory. A deposit data file for sending the 32 ETH along with your validator public key to the Eth1 chain (goerli testnet) and a keystore file with your validator keys. Back to the Launchpad website, check "I am keeping my keys safe and have written down my mnemonic phrase" and click "Continue". It is time to send the 32 ETH deposit to the Eth1 chain. You need the deposit file (located in your Raspberry Pi). You can, either copy and paste the file content and save it as a new file in your desktop or copy the file from the Raspberry to your desktop through SSH. 1.- Copy and paste: Connected through SSH to your Raspberry Pi, type: cat validator_keys/deposit_data-$FILE-ID.json (replace $FILE-ID with yours) Copy the content (the text in square brackets), go back to your desktop, paste it into your favourite editor and save it as a json file. Or 2.- Ssh: From your desktop, copy the file: scp [email protected]$YOUR_RASPBERRYPI_IP:/home/ethereum/validator_keys/deposit_data-$FILE_ID.json /tmp Replace the variables with your data. This will copy the file to your desktop /tmp directory. Upload the deposit file Now, back to the Launchpad website, upload the deposit_data file and select Metamask, click continue and check all warnings. Continue and click “Initiate the Transaction”. Confirm the transaction in Metamask and wait for the confirmation (a notification will pop up shortly). The Beacon Chain (which is connected to the Eth1 chain) will detect this deposit (that includes the validator public key) and the Validator will be enabled. Congrats!, you just started your validator activation process. CHOOSE AN ETH2.0 CLIENT Time to choose your Eth2.0 client. We encourage you to run Lighthouse, Teku or Nimbus as Prysm is the most used client by far and diversity is key to achieve a resilient and healthy Eth2.0 network. Once you have decided which client to run (as said, try to run one with low network usage), you need to set up the clients and start both, the beacon chain and the validator. These are the instructions for enabling each client (Remember, choose just one Eth2.0 client out of 4): LIGHTHOUSE ETH2.0 CLIENT 1.- Port forwarding You need to open the 9000 port in your router (both UDP and TCP) 2.- Start the beacon chain Under the ethereum account, run: sudo systemctl enable lighthouse-beacon sudo systemctl start lighthouse-beacon 3.- Start de validator We need to import the validator keys. Run under the ethereum account: lighthouse account validator import --directory=/home/ethereum/validator_keys Then, type your previously defined password and run: sudo systemctl enable lighthouse-validator sudo systemctl start lighthouse-validator The Lighthouse beacon chain and validator are now enabled PRYSM ETH2.0 CLIENT 1.- Port forwarding You need to open the 13000 and 12000 ports in your router (both UDP and TCP) 2.- Start the beacon chain Under the ethereum account, run: sudo systemctl enable prysm-beacon sudo systemctl start prysm-beacon 3.- Start de validator We need to import the validator keys. Run under the ethereum account: validator accounts-v2 import --keys-dir=/home/ethereum/validator_keys Accept the default wallet path and enter a password for your wallet. Now enter the password previously defined. Lastly, set up your password and start the client: echo "$YOUR_PASSWORD" > /home/ethereum/validator_keys/prysm-password.txt sudo systemctl enable prysm-validator sudo systemctl start prysm-validator The Prysm beacon chain and the validator are now enabled. TEKU ETH2.0 CLIENT 1.- Port forwarding You need to open the 9151 port (both UDP and TCP) 2.- Start the Beacon Chain and the Validator Under the Ethereum account, check the name of your keystore file: ls /home/ethereum/validator_keys/keystore* Set the keystore file name in the teku config file (replace the $KEYSTORE_FILE variable with the file listed above) sudo sed -i 's/changeme/$KEYSTORE_FILE/' /etc/ethereum/teku.conf Set the password previously entered: echo "yourpassword" > validator_keys/teku-password.txt Start the beacon chain and the validator: sudo systemctl enable teku sudo systemctl start teku The Teku beacon chain and validator are now enabled. NIMBUS ETH2.0 CLIENT 1.- Port forwarding You need to open the 19000 port (both UDP and TCP) 2.- Start the Beacon Chain and the Validator We need to import the validator keys. Run under the ethereum account: beacon_node deposits import /home/ethereum/validator_keys --data-dir=/home/ethereum/.nimbus --log-file=/home/ethereum/.nimbus/nimbus.log Enter the password previously defined and run: sudo systemctl enable nimbus sudo systemctl start nimbus The Nimbus beacon chain and validator are now enabled. WHAT's NEXT Now you need to wait for the Eth1 blockchain and the beacon chain to get synced. In a few hours the validator will get enabled and put into a queue. These are the validator status that you will see until its final activation:
DEPOSITED (the beacon chain detected the 32 ETH deposit with your validator public key)
PENDING (you are in a queue for being activated)
Finally, it will get activated and the staking process will start. Congratulations!, you join the Medalla Eth2.0 multiclient testnet!
We configured 5 Grafana Dashboards to let users monitor both Eth1.0 and Eth2.0 clients. To access the dashboards just open your browser and type your Raspberry IP followed by the 3000 port:
Lots of info here. You can see for example if Geth is in sync by checking (in the Blockchain section) if Headers, Receipts and Blocks fields are aligned or find Eth2.0 chain info.
Updating the software
We will be keeping the Eth2.0 clients updated through Debian packages in order to keep up with the testnet progress. Basically, you need to update the repo and install the packages through the apt command. For instance, in order to update all packages you would run: sudo apt-get update && sudo apt-get install geth teku nimbus prysm-beacon prysm-validator lighthouse-beacon lighthouse-validator Please follow us on Twitter in order to get regular updates and install instructions. https://twitter.com/EthereumOnARM
Ethereum on ARM. New Eth2.0 Raspberry pi 4 image for automatically joining Prylabs Onyx Eth2.0 testnet. Step-by-step guide for installing and activating a validator.
TL;DR:Flash your Raspberry Pi 4, plug in an ethernet cable, connect the SSD disk and power up the device to join the Eth2.0 Onyx testnet. The image takes care of all the necessary steps to join the Eth2.0 Onyx testnet , from setting up the environment and formatting the SSD disk to installing and running the Ethereum Eth1.0 and Eth2.0 clients as well as starting the blockchains synchronization (for both Geth Eth1.0 Goerli  and Prysm  Eth2.0 Beacon Chain). You will only need to create a validator account, send the deposit of 32 Goerli ETH to the Onyx contract and start the validator systemd service. MAIN FEATURES
Based on Ubuntu 20.04 64bit. See 
Automatic USB disk partitioning and formatting
Adds swap memory (ZRAM kernel module + a swap file)
Changes the hostname to something like “ethnode-e2a3e6fe” based on MAC hash
Automatically syncs Eth1 Goerli (Geth) and Eth2 Beacon Chain (Prysm)
Includes an APT repository for installing and upgrading Ethereum software
Includes a monitoring dashboard based on Grafana / Prometheus
Geth: 1.9.15  (official binary) configured for syncing Goerli Testnets
Prysm: 1.0.0alpha13 
Beacon Chain (official binary)
Validator binary (official binary)
Grafana 7.0.4 
INSTALLATION GUIDE AND USAGE
RECOMMENDED HARDWARE AND SETUP
Raspberry 4 (model B) - 4GB or 8GB ((GB highly recommended)
MicroSD Card (16 GB Class 10 minimum)
SSD USB 3.0 disk (see storage section)
30303 Port forwarding (Eth 1.0) and 13000 port forwarding (Eth 2.0)
A case with heatsink and fan (Optional but strongly recommended)
USB keyboard, Monitor and HDMI cable (micro-HDMI) (Optional)
STORAGE You will need and SSD to run the Ethereum clients (without an SSD drive there’s absolutely no chance of syncing the Ethereum blockchain). There are 2 options:
Use an USB portable SSD disk such as the Samsung T5 Portable SSD.
Use an USB 3.0 External Hard Drive Case with a SSD Disk. In our case we used a Inateck 2.5 Hard Drive Enclosure FE2011. Make sure to buy a case with an UASP compliant chip, particularly, one of these: JMicron (JMS567 or JMS578) or ASMedia (ASM1153E).
In both cases, avoid getting low quality SSD disks as it is a key component of you node and it can drastically affect the performance (and sync times). Keep in mind that you need to plug the disk to an USB 3.0 port (in blue). IMAGE DOWNLOAD AND INSTALLATION 1.- Download the image: http://www.ethraspbian.com/downloads/ubuntu-20.04-preinstalled-server-arm64+raspi-eth2-onyx.img.zip SHA256 13bc7ac4de6e18093b99213511791b2a24b659727b22a8a8d44f583e73a507cc 2.- Flash the image Insert the microSD in your Desktop / Laptop and download the file: Note: If you are not comfortable with command line or if you are running Windows, you can use Etcher  Open a terminal and check your MicroSD device name running:
sudo fdisk -l
You should see a device named mmcblk0 or sdd. Unzip and flash the image:
3.- Insert de MicroSD into the Raspberry Pi 4. Connect an Ethernet cable and attach the USB SSD disk (make sure you are using a blue port). 4.- Power on the device The Ubuntu OS will boot up in less than one minute but you will need to wait approximately 7 minutes in order to allow the script to perform the necessary tasks to join the Onyx testnet (it will reboot again) 5.- Log in You can log in through SSH or using the console (if you have a monitor and keyboard attached)
User: ethereum Password: ethereum
You will be prompted to change the password on first login, so you will need to log in twice. 6.- Forward 30303 and 13000 ports in your router (both UDP and TCP). If you don’t know how to do this, google “port forwarding” followed by your router model. 7.- Getting console output You can see what’s happening in the background by typing:
sudo tail -f /valog/syslog
7.- Grafana Dashboards There are 2 Grafana dashboards to monitor the node (see section “Grafana Dashboards below”. See 
The Onyx Eth2.0 testnet
Onyx is an Eth2.0 testnet created by Prylabs according to the latest official specification for Eth2.0, the v0.12.1  release (which is aimed to be the final). In order to run an Onyx Eth 2.0 node you will need 3 components:
An Eth1.0 node (Goerli testnet in sync)
An Eth2.0 Beacon Chain (Prysm Beacon Chain in sync) connected to the Eth1.0 node
An Eth2.0 Validator (Prysm Validator) connected to the Beacon Chain
The image takes care of the Eth1.0 Geth and Eth2.0 Beacon Chain configurations and syncs. So, once flashed (and after a first reboot), Geth (Eth1.0 client) starts syncing the Goerli testnet and the Beacon Chain (Eth2.0 client) gets activated through the Prysm client, both as systemd services. When the Goerli testnet sync is completed, the Beacon Chain starts syncing. Both chains are necessary as the validator needs to communicate with them (as explained below). Activating the validator Once Goerli and the Beacon chain are in sync you have just one task left, configure the Validator for enabling the staking process. The image provides the Prysm validator client for running the staking process. With this validator, you will create an account with 2 keys (public and private) and get an HEX string that needs to be sent to the Eth 1.0 blockchain as data through a 32 ETH transaction. The Beacon Chain (which is connected to the Eth1 chain) will detect this deposit (which includes the validator public key) and the Validator will be activated. So, let’s get started. Geth Goerli testnet and the Beacon Chain are already syncing in the background. Goerli will sync in about 1 hour and the Beacon Chain in about 2 hours (so this will take 3 hours overall). The easiest way to enable a Prysm validator is to use the Prylabs web portal to get Goerli ETH (testnet ETH) and follow their instructions: https://prylabs.net/participate Let’s break this down: Step 1) Get Prysm Nothing to do here. Prysm is already installed. Step 2) Get GöETH — Test ETH We need 32 ETH to stake (it is fake ETH as this is a tesnet). Prylabs created a faucet with a great UI so you can easily get 32.5 Goerli ETH. You will need a web3 provider to use the faucet. Install Metamask browser extension (if you don’t have it running yet). Create an account and set the network to “Goerli test network” (on the top of the Metamask screen). Now, click once in “Metamask” and then click “Need GoETH?” button. Confirm the transaction. Once funded, you will see something like this:
You are 0x0b2eFdbFB8EcaF7F4eCF6853cbd5eaD86510d63C and you have 32.5 GöETH.
Step 3). Generate a validator public / private key Go to your Raspberry Pi console and run the following command (make sure you are logged in with your ethereum user):
validator accounts create
Press return to confirm the default path Enter a password twice (you will need it later to run the validator so write it down and be careful). Once finished, your account will be created (under the /home/ethereum/.eth2validators directory) containing, among other info, your validator keys. Additionally you will get the deposit data as follows (this is an example):
========================Deposit Data======================= 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 =================================================================== ***Enter the above deposit data into step 3 on https://prylabs.net/participate***
Copy this data (just the hexadecimal part, from 0x to the last number), go back to step 3 of Prylabs website and paste it into the field “Your validator deposit data”. Step 4) Start your beacon chain & validator clients Beacon chain is already running in the background so let’s configure the validator. Just edit the /etc/ethereum/prysm-validator.conf file and replace “changeme” string with your password (you can use nano or vim editors). Now run:
Step 5) Send a validator deposit We are almost there. Just click the “Make deposit” button and confirm the transaction. Done! Now you need to wait for the validator to get activated. In time, the beacon chain will detect the 32 ETH deposit (which contains the validator public key) and the system will put your validator in queue. These are the validator status that you will see during the activation process:
DEPOSITED (the beacon chain detected the 32 ETH deposit with your validator public key)
PENDING (you are in a queue for being activated)
We configured 2 Grafana Dashboards to let users monitor both Eth1.0 and Eth2.0 progress. To access the dashboards just open your browser and type your Raspberry IP followed by the 3000 port:
New England New England 6 States Songs: https://www.reddit.com/newengland/comments/er8wxd/new_england_6_states_songs/ NewEnglandcoin Symbol: NENG NewEnglandcoin is a clone of Bitcoin using scrypt as a proof-of-work algorithm with enhanced features to protect against 51% attack and decentralize on mining to allow diversified mining rigs across CPUs, GPUs, ASICs and Android phones. Mining Algorithm: Scrypt with RandomSpike. RandomSpike is 3rd generation of Dynamic Difficulty (DynDiff) algorithm on top of scrypt. 1 minute block targets base difficulty reset: every 1440 blocks subsidy halves in 2.1m blocks (~ 2 to 4 years) 84,000,000,000 total maximum NENG 20000 NENG per block Pre-mine: 1% - reserved for dev fund ICO: None RPCPort: 6376 Port: 6377 NewEnglandcoin has dogecoin like supply at 84 billion maximum NENG. This huge supply insures that NENG is suitable for retail transactions and daily use. The inflation schedule of NengEnglandcoin is actually identical to that of Litecoin. Bitcoin and Litecoin are already proven to be great long term store of value. The Litecoin-like NENG inflation schedule will make NewEnglandcoin ideal for long term investment appreciation as the supply is limited and capped at a fixed number Bitcoin Fork - Suitable for Home Hobbyists NewEnglandcoin core wallet continues to maintain version tag of "Satoshi v0.8.7.5" because NewEnglandcoin is very much an exact clone of bitcoin plus some mining feature changes with DynDiff algorithm. NewEnglandcoin is very suitable as lite version of bitcoin for educational purpose on desktop mining, full node running and bitcoin programming using bitcoin-json APIs. The NewEnglandcoin (NENG) mining algorithm original upgrade ideas were mainly designed for decentralization of mining rigs on scrypt, which is same algo as litecoin/dogecoin. The way it is going now is that NENG is very suitable for bitcoin/litecoin/dogecoin hobbyists who can not , will not spend huge money to run noisy ASIC/GPU mining equipments, but still want to mine NENG at home with quiet simple CPU/GPU or with a cheap ASIC like FutureBit Moonlander 2 USB or Apollo pod on solo mining setup to obtain very decent profitable results. NENG allows bitcoin litecoin hobbyists to experience full node running, solo mining, CPU/GPU/ASIC for a fun experience at home at cheap cost without breaking bank on equipment or electricity. MIT Free Course - 23 lectures about Bitcoin, Blockchain and Finance (Fall,2018) https://www.youtube.com/playlist?list=PLUl4u3cNGP63UUkfL0onkxF6MYgVa04Fn CPU Minable Coin Because of dynamic difficulty algorithm on top of scrypt, NewEnglandcoin is CPU Minable. Users can easily set up full node for mining at Home PC or Mac using our dedicated cheetah software. Research on the first forked 50 blocks on v1.2.0 core confirmed that ASIC/GPU miners mined 66% of 50 blocks, CPU miners mined the remaining 34%. NENG v1.4.0 release enabled CPU mining inside android phones. Youtube Video Tutorial How to CPU Mine NewEnglandcoin (NENG) in Windows 10 Part 1 https://www.youtube.com/watch?v=sdOoPvAjzlE How to CPU Mine NewEnglandcoin (NENG) in Windows 10 Part 2 https://www.youtube.com/watch?v=nHnRJvJRzZg How to CPU Mine NewEnglandcoin (NENG) in macOS https://www.youtube.com/watch?v=Zj7NLMeNSOQ Decentralization and Community Driven NewEnglandcoin is a decentralized coin just like bitcoin. There is no boss on NewEnglandcoin. Nobody nor the dev owns NENG. We know a coin is worth nothing if there is no backing from community. Therefore, we as dev do not intend to make decision on this coin solely by ourselves. It is our expectation that NewEnglandcoin community will make majority of decisions on direction of this coin from now on. We as dev merely view our-self as coin creater and technical support of this coin while providing NENG a permanent home at ShorelineCrypto Exchange. Twitter Airdrop Follow NENG twitter and receive 100,000 NENG on Twitter Airdrop to up to 1000 winners Graphic Redesign Bounty Top one award: 90.9 million NENG Top 10 Winners: 500,000 NENG / person Event Timing: March 25, 2019 - Present Event Address: NewEnglandcoin DISCORD at: https://discord.gg/UPeBwgs Please complete above Twitter Bounty requirement first. Then follow Below Steps to qualify for the Bounty: (1) Required: submit your own designed NENG logo picture in gif, png jpg or any other common graphic file format into DISCORD "bounty-submission" board (2) Optional: submit a second graphic for logo or any other marketing purposes into "bounty-submission" board. (3) Complete below form. Please limit your submission to no more than two total. Delete any wrongly submitted or undesired graphics in the board. Contact DISCORD u/honglu69#5911 or u/krypton#6139 if you have any issues. Twitter Airdrop/Graphic Redesign bounty sign up: https://goo.gl/forms/L0vcwmVi8c76cR7m1 Milestones
Sep 3, 2018 - Genesis block was mined, NewEnglandcoin created
Sep 8, 2018 - github source uploaded, Window wallet development work started
Sep 11,2018 - Window Qt Graphic wallet completed
Sep 12,2018 - NewEnglandcoin Launched in both Bitcointalk forum and Marinecoin forum
Sep 14,2018 - NewEnglandcoin is listed at ShorelineCrypto Exchange
Sep 17,2018 - Block Explorer is up
Nov 23,2018 - New Source/Wallet Release v1.1.1 - Enabled Dynamic Addjustment on Mining Hashing Difficulty
Nov 28,2018 - NewEnglandcoin became CPU minable coin
Nov 30,2018 - First Retail Real Life usage for NewEnglandcoin Announced
Dec 28,2018 - Cheetah_Cpuminer under Linux is released
Dec 31,2018 - NENG Technical Whitepaper is released
Jan 2,2019 - Cheetah_Cpuminer under Windows is released
Jan 12,2019 - NENG v1.1.2 is released to support MacOS GUI CLI Wallet
Jan 13,2019 - Cheetah_CpuMiner under Mac is released
Feb 11,2019 - NewEnglandcoin v1.2.0 Released, Anti-51% Attack, Anti-instant Mining after Hard Fork
Mar 16,2019 - NewEnglandcoin v18.104.22.168 Released - Ubuntu 18.04 Wallet Binary Files
Apr 7, 2019 - NENG Report on Security, Decentralization, Valuation
Apr 21, 2019 - NENG Fiat Project is Launched by ShorelineCrypto
Sep 1, 2019 - Shoreline Tradingbot project is Launched by ShorelineCrypto
Dec 19, 2019 - Shoreline Tradingbot v1.0 is Released by ShorelineCrypto
Jan 30, 2020 - Scrypt RandomSpike - NENG v1.3.0 Hardfork Proposed
Feb 24, 2020 - Scrypt RandomSpike - NENG core v1.3.0 Released
Jun 19, 2020 - Linux scripts for Futurebit Moonlander2 USB ASIC on solo mining Released
Jul 15, 2020 - NENG v1.4.0 Released for Android Mining and Ubuntu 20.04 support
Jul 21, 2020 - NENG v22.214.171.124 Released for MacOS Wallet Upgrade with Catalina
Jul 30, 2020 - NENG v126.96.36.199 Released for Linux Wallet Upgrade with 8 Distros
Aug 11, 2020 - NENG v188.8.131.52 Released for Android arm64 Upgrade, Chromebook Support
Aug 30, 2020 - NENG v184.108.40.206 Released for Android/Chromebook with armhf, better hardware support
2018 Q3 - Birth of NewEnglandcoin, window/linux wallet - Done
2018 Q4 - Decentralization Phase I
Blockchain Upgrade - Dynamic hashing algorithm I - Done
Cheetah Version I- CPU Mining Automation Tool on Linux - Done
2019 Q1 - Decentralization Phase II
Cheetah Version II- CPU Mining Automation Tool on Window/Linux - Done
Blockchain Upgrade Dynamic hashing algorithm II - Done
2019 Q2 - Fiat Phase I
Assessment of Risk of 51% Attack on NENG - done
Launch of Fiat USD/NENG offering for U.S. residents - done
Initiation of Mobile Miner Project - Done
2019 Q3 - Shoreline Tradingbot, Mobile Project
Evaluation and planning of Mobile Miner Project - on Hold
Initiation of Trading Bot Project - Done
2019 Q4 - Shoreline Tradingbot
Shoreline tradingbot Release v1.0 - Done
2020 Q1 - Evaluate NENG core, Mobile Wallet Phase I
NENG core Decentralization Security Evaluation for v1.3.x - Done
Light Mobile Wallet Project Initiation, Evaluation
2020 Q2 - NENG Core, Mobile Wallet Phase II
NENG core Decentralization Security Hardfork on v1.3.x - Scrypt RandomSpike
Light Mobile Wallet Project Design, Coding
2020 Q3 - NENG core, NENG Mobile Wallet Phase II
Review on results of v1.3.x, NENG core Dev Decision on v1.4.x, Hardfork If needed
Light Mobile Wallet Project testing, alpha Release
2020 Q4 - Mobile Wallet Phase III
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Most f the reviews we tend to have come back across reveal that the Cryptp soft platform is easy to Their client service is very efficient. We did a live check and confirmed that they respond at intervals a moment. Moreover, they are available 24/7. The Cryptp soft app is secure. They need all the mandatory measures in place to make sure data privacy. The Cryptp soft System is considered by several among the most effective robots within the market nowadays. We have a tendency to realize this robot to perform virtually the same with Bitcoin Rush, another top bitcoin robot. Read the review of Bitcoin Rush for more data? Cryptp soft registration method is straightforward, easy, and secure. You only want but 10 minutes to form an account and begin trading. Cryptp soft is a absolutely auto bot and is so accessible to everyone. https://preview.redd.it/giu6kclgfnn51.jpg?width=1280&format=pjpg&auto=webp&s=f605d84ba2174f831ca825dbaffddf061b3a55b5 You do not want to perceive trading lingo to use Immediate Edge. The following steps can get you started with this robot. STEP ONE: Fill the Signup type Visit the Cryptp soft home page and register your name, phone number, and email in the provided kind. You will be asked to verify your phone variety via a text code and email through a link. CryptoVibes will ascertain that the Cryptp soft registration process is secure. Their web site is SSL secured to confirm that hackers cannot steal personal information submitted through it. Cryptp soft cyber safety policy states that they're GDPR adherent. This suggests that they handle your knowledge with strict privacy. STEP TWO: Get matched with a broker The Cryptp soft Software then matches you with one in every of their partner brokers. The role of the broker is to receive deposits and facilitate transactions. We have a tendency to have determined that Cryptp soft only partners with regulated brokers. With a regulated broker, they guarantee that your cash is safe. Reputable regulators such as the FCA, FSB, ASIC, and CySEC need brokers to segregate deposits and submit periodic reports on deposit usage. You wold like a deposit of a minimum of $250 to trade with Immediate Edge. Do not confuse this quantity with the value of the robot. Cryptp soft does not need any license fee. The house owners of this robot build money by charging a small commission on the profits generated through the app Deposits with Cryptp soft should be created through Wire Transfer, Visa, and MasterCard. It takes a few seconds for a deposit to reflect in an exceedingly trader’s account. Cryptp soft does not charge any deposit fees. The Cryptp soft does provide a demo account to help traders familiarize themselves with its web-trader. CryptoVibes recommends that you are doing demo trading before going to live to trade. Please note that the demo is for demonstrative purposes solely. The results you receive on the platform are primarily based on historical information and could therefore not mirror what you'll get in live trading. The Cryptp soft live trader comes with features to help you outline the amount of risk you are willing to require per trade. You wish to go through the demo account to familiarize with these features. As mentioned severally in this review, you do not want specialized skills to use this robot. Live trading with Cryptp soft involves determining the quantity of capital you plan to risk per trade and clicking the live button. Scan our review of Bitcoin Trader for one more straightforward to use the robot. *Remember all trading risks and you shouldn’t risk more then you'll be able to afford to lose. How to get the most out of Cryptp soft App We have identified the following tips as paramount in guaranteeing that you make the most of Immediate Edge. Begin with a deposit of $250 – Given the level of risk involved in trading with Immediate Edge, you should start with a tiny investment. Follow crypto market news – You need to determine the type of reports that drives volatility high and capitalize on them. Cryptp soft claims to form the foremost profits throughout high market volatility. Trade for eight hours per day – In keeping with Immediate Edge, trading for at least eight hours per day can help maximize profits. Cryptp soft is entirely auto, and hence you'll be able to leave the robot running as you continue together with your daily errands. You are doing not want more than twenty minutes per day to observe your account. Close trading sessions at the tip of the day – Leaving open positions overnight is doubtless to translate to losses since the markets can change considerably overnight. It is better to shut sessions even if in the negative and start trading again the subsequent day. With a correct risk management strategy, there is no would like to fret concerning periodic losses. Following our review we tend to realize Cryptp soft to be legit. But, traders ought to take additional caution, provided that this bot comes at a degree of risk. Whereas the app claims it's potential to form profits of up to 50percent per day, you'll be able to additionally lose the complete deposit inside seconds. This is often not sudden for a high-frequency trading robot. We recommend that you just apply the required risk management measures. As a rule of thumb don't risk more than 10percent of your trading capital per trade. Also, never trade with an amount you cannot afford to lose. It is prudent to start small and add cash as you get conversant with the various features on the platform. Recently, a brand new trading software was added to the bitcoin investment trade. This software is termed Cryptp soft and it is allegedly created by a corporation or organization called the International Council for Bitcoin. There is additionally a letter out there on their web site that has been signed by someone named David. This person claims to own earned over 1,000,000 as a results of investing in bitcoins. What’s very shocking concerning this letter is that David claims to have earned that huge quantity in just one trade. If we have a tendency to place it in simple words, David became a millionaire overnight. We tend to highly doubt that a trading system that has been launched recently will have such potential. To verify the main points of this software and to determine its legitimacy, we have a tendency to conducted our own research and investigation. Cryptp soft is a bitcoin trading software that’s meant to assist newbie traders get involved in Cryptocurrency trading with less risk than ancient investment opportunities. Cryptp soft software was created by The International Council For Bitcoin who is PRO Bitcoin trader Group behind the Cryptp soft software. Notice out all concerning Cryptp soft software by The International Council For Bitcoin. Cryptp soft Software may be a nice development by a famous, well established and experienced bitcoin trader Investors with a viewpoint to enable traders to perform different tasks with ease and convenience. https://preview.redd.it/uuh85yghfnn51.png?width=1238&format=png&auto=webp&s=d0558e6e123114b6624d5a724b3b9b5983e717e1 Cryptp soft Software is essentially a Binary choices trading software that is designed to assist traders win and predict the Binary options trend of their respective choices. Cryptp soft APP works as a code to urge financial success, shows traders how they'll make money on-line, helps them to find different ways in which to induce huge returns on their investment. The Cryptp soft Trading Software additionally provides analyses of Market conditions so that traders will recognize what ought to be their next step. Cryptp soft System gives secret cryptocurrency ways that ultimately help binary traders to create thousands of greenbacks solely for some bucks. Several individuals can say that Cryptocurrency Trading may be a risky business and tend to remain faraway from it. But from my expertise, high volatility means HIGH RETURN OF INVESTMENT in Crypto Market. But this can be where the Cryptp soft comes into play, the mathematical algorithm used by Cryptp soft Software takes the guesswork out choosing a winning profitable trade. You don’t must be an expert. Like I said earlier, I actually have personally tested the Cryptp soft and found the success rate is about ninety sevenpercent. I don’t apprehend concerning you, but a ninety seven% probability of earning a profitable trade is TERRIBLY GOOD! I’ve never come across something like this trading software before. Keep reading, below are my Cryptp soft results for the past week or so… Watch over the Shoulder of a Professional Each Day and you'll be able to learn as you trade. Averaging 97% Winning Weeks With Cryptp soft— which suggests that more potential profits for you Cryptp soft Software Are Fully Transparent No previous experience with binary choices trading required Web-based mostly, no need for downloads, additionally works on phones, tablets You'll be able to Even Watch Cryptp soft Signals From Your Phone (iPhone Users — Photon Browser) If you are ready to begin making cash online with an on the spot edge, there has never been a better chance than currently. If you enjoy surfing the web for countless hours trying for the next Trading Method Secrets, never being able to urge centered, being overloaded with conflicting information, and not creating cash on-line, you ought to probably leave this page right now and get back to that Cryptp soft System strategy Cryptp soft bot could be a new cryptocurrency trading invention that comes with options that create this software stand out among others. It is conjointly an automatic trading platform that uses a smart program algorithm to detect favorable trading opportunities. It acts on its own or waits for a prompt command from the user depending on the software’s settings. But what makes this software unique and a favorite to individuals is what we have a tendency to shall unveil in this review. There have been lots of unverified claims of how totally different cryptocurrency software have helped several people to make massive profits leading to Scam individuals. However, it's pertinent for cryptocurrency traders to verify if a particular trading software may be a scam or legit, which is also ? After subjecting the features of the Cryptp soft bot software to a series of tests, the software isn't a scam however legit. The Cryptp soft bot is believed to have successful rate of 85%, that is a lot of than the 80percent benchmark for average software. The Cryptp soft bot has helped cryptocurrency traders to make sensible profits, which has been documented as testimonies on the software’s website. Trading on the platform is straightforward and might not require experience. We had to verify the simplicity of the software, and we tend to discovered that the software is easy to navigate. The demo trading feature of the software makes it potential for brand new users to hold out trading activities in an exceedingly simulated atmosphere while not having to risk their investment. This any gives credence to the legitimacy of the software because it ensures that new users get accustomed to the features of the software before continuing to measure to trade As earlier stated, the Cryptp soft bot could be a high-tech program software that comes with exceptional options that makes it among the simplest cryptocurrency trading software in the blockchain market. The outstanding features of the Cryptp soft bot embody the subsequent: https://www.cryptoerapro.com/cryptosoft/ http://www.cryptoerapro.com/ https://twitter.com/cryptoerapro https://www.instagram.com/cryptoerapro/ https://www.pinterest.co.uk/cryptoerapro/
Immediate Edge Review, Is Immediate Edge SCAM Or Legit Trading App?
Immediate Edge Review: Is This Crypto Robot Legit or Scam Immediate Edge Review and investigation 20twenty. The Immediate Edge app is a crypto, forex and choices trading robot utilized by folks to automatically obtain and sell Bitcoin and create profits. Wanting at the website, many people claim it helped them move from rags-to-riches trading Bitcoin. Further, some claims linked it to Ronaldo and Sir Alex Ferguson https://preview.redd.it/rttn3i4hohm51.jpg?width=1280&format=pjpg&auto=webp&s=8f0dc345c3ace4032d571d44fabe356f13ff1a33 Is Immediate Edge app legit or scam? Whereas the claims of its linkage to the higher than celebrities are unverifiable, we tend to can verify that the app is not a scam and permits individuals to trade Bitcoin using the Fibonacci strategy with ten minutes time frames The app, that allows people to deposit at least $250 through mastercard and Sofort, scores 88% rate and a 5 stars as a real software Since there are several scam cryptos, forex and options brokers who trick individuals to depositing money, and then they run away with the funds, we have taken time to review this software to determine if it is real or a scam. Is Immediate Edge scam or legit High success rate is reported by users with this software. The Immediate Edge web site provides truthful claims about the service though it will not mean the crypto trading risks are eliminated with its use. Customers should start with the minimum investment and increase it when satisfied with the utilization of the app. Click the link to access Immediate Edge official web site or keep reading to understand more This software will not seem to be a scam and users report that it helped them make real money trading on it.b site What is Immediate Edge App? Immediate Edgecould be a robot or auto-trading software that allows folks to trade forex, crypto and binary choices. A user deploys the algorithm-primarily based bot, which relies on a trading strategy that's automatically executed on a broker trading platform once deployed. The strategy is coded or set like to permit the user to automatically get and sell crypto, stock or choices on the broker platform at favorable prices, to form profits. It can do automatic market analysis by analyzing a vast amount of knowledge from completely different sources, at intervals seconds and with high accuracy, then use the data to predict the costs. It can then come up with a transparent buy or sell tradable signal and then execute it automatically by shopping for and/or selling on the broker platform. The software can, therefore, save a trader thousands of manual hours and labor they might have spent analyzing information to form trading choices and to follow the markets and to position and close trades. You conjointly do not want to understand anything concerning crypto, stock or option trading to use this auto trading app, although it is suggested to possess this information to keep improving on trading. Trading bots will achieve high success rates of more than 90p.c and have been tested to work. You may be searching for Immediate Edge scam but the website can tell you that you can expect to earn between $950 and $a pair of,two hundred per day using the software but that depends on your expertise. As a newbie, you'll not start making that a lot of immediately and conjointly it depends on how a lot of you invest. With an investment of $250, you'll be able to expect to form a lot of lesser although some people claim to own made $12a pair of in a very few hours using this software. That will not mean Immediate Edge is error-free. There still is a heap of unpredictable high volatility in crypto and bots will make mistakes and errors to create losses. Auto trading robots are better employed in combination with manual trading strategies. https://preview.redd.it/1zkt9v3johm51.jpg?width=1280&format=pjpg&auto=webp&s=85f7e7f5d0e9d6b60b4a8a6e37bb344dbbb8305c Immediate Edge Review How will Immediate Edge work? All a user has to try and do is join up at the Immediate Edge web site, then deposit funds to have access to the robot, when which they can begin trading by switching on the bot. It will would like no control or intervention from humans, beyond beginning and stopping it. You additionally need to stay checking, daily, to observe the performance of the software in doing its job and ensure that it is earning any returns needless to say. From there, you can confirm whether or not to extend or decrease your investment towards crypto, options or stock trading using this robot. You'll be able to also monitor performance to be ready to regulate the trading settings from your dashboard and optimize totally different features of the trading bot for instance set amount of trades or amount to invest in every trade. Founder of Immediate Edge In line with the Immediate Edge website, this trading bot was founded by Edwin James. Reportedly, he created billions with forex, crypto, and binary options trading and still shares his strategies on the way to trade the assets on the app. He founded the app to create it potential for brand spanking new traders to create cash in less than 3 minutes of signing up. How to sign up on Immediate Edge: Registration: Registering or signing up on the website is free but to start trading, you want to deposit no less than $250. You discover a registration type on the top right of the page, on that you type in your email, full names and phone numbers and country code. Create a password to be used for logging in later. Deposit funds: Depositing funds allows you to connect to a robot broker and then you'll begin the bot to start out trading. You'll deposit with Visa, Wire Transfers, Klarna or Skrill. The currencies supported are Swiss Franc, British Pound, US Greenback, and Euro and using a credit or debit card limits deposits to less than $/£/€/?10,00zero in one day and $/£/€/?40,000 in an exceedingly month. Immediate Edgeisn’t licensed to handle your funds, it works with brokers to handle the cash once it's deposited. Demo trading: Relying on the broker you're connected to, you can begin to practice trading with the Immediate Edge software. Some brokers do not have this feature on their platforms. Still, with the latter, you can test their options before you deposit cash to try and do live trading. With the demo options, you'll be able to familiarize yourself with the trading house before beginning to use real money to trade. Trading: Before and when you've got switched on auto-trading, you would like to check the trading settings daily. You'll regulate some things including stop-loss orders and when to try to to them, amount to speculate per trade and how several trades to try to to per day. You'll be able to also choose that cryptocurrencies to trade, and you'll be able to select all the most in style ones together with Bitcoin and Ethereum. You also get to observe the profits/losses and decide if to continue and/or when to prevent. https://preview.redd.it/c9scw5fkohm51.jpg?width=1280&format=pjpg&auto=webp&s=3d127be2887c4c8960023a8cf1b1f55297dbf250 Withdrawals, user verification, cost of using the app and alternative options The payouts or withdrawals are made by filling letter of invitation type on the funds’ management page and it can take two operating days to replicate in your checking account. No fee is charged on withdrawals. You'll withdraw your cash including the capital while not a lot of problem on this app, that is better than several that don't enable withdrawals at any time While some bots need verifications by asking for your ID and statements, this one will not. You are done once uploading your payment details. The bot charges a commission on profit. Besides, you get twenty fouseven client support on Immediate Edge Immediate Edge may be a legit, secure, user-friendly trading application for crypto, stocks, and choices. It has a zealous customer service and reports a high success rate. Another smart robot we have recently reviewed is Bitcoin Professional We tend to hope that this review helped you to make a decision concerning this trading app. Additionally, subscribe to our web site to be invariably notified concerning new software from this industry. For live reviews subscribe to our Youtube Channel or FB Page. https://www.immediateedge.org/ https://www.facebook.com/immediateedge/ https://www.pinterest.co.uk/immediateedge/ https://twitter.com/EdgeImmediate https://www.instagram.com/immediateedge/
The globe's leading trade system is accredited to run according to European criteria, dedicated the safety and additionally visibility for investors. Having a large improvement network worldwide. Variety trading residential or commercial properties team containing money collections, products, index in addition to assets. The most ideal trading problem among binary alternatives brokers on the today market. Fundamental as well as easy trading with binary options with simply 2 choices Phone conversation/ Put (High/ Lowered). Trading markets on ThisOption ThisOption constantly consist of and likewise update the portfolio of basic assets on their system. Capitalists can sell 4 main building teams: Foreign exchange, commodities, supplies, index, cryptocurrencies. Money pairs: Currency sets are a special endurance of ThisOption, as well as they also allow trading of some new currencies such as NOK, SEK as well as SHOT. No alt text provided for this image Index: Index like FTSE100 or Dax can be traded at ThisOption. Resources: Possession trading is in addition popular on ThisOption. Supply: You can select from 7,500 stock types on ThisOption. Cryptocurrencies: Bitcoin, Dash, Ethereum, Litecoin, Ripple, Zcash, Monero. Testimonial ThisOption flooring, should we purchase ThisOption? ThisOption is a very ranked binary alternatives trading system. Among a number of binary options trading web sites, you will certainly find that ThisOption is the leading alternative amongst them. They supply a safe in addition to reliable service with economic investments and also minimum deposits. ThisOption has actually similarly gotten great deals of favorable testimonies from people thanks to its excellent support solution, varied training in addition to trading devices, competitions that bring a number of attractive incentives ... Every one of these points aid ThisOption happen a reliable binary options trading platform with a multitude of website visitors. Control the dangers when buying from ThisOption: Making money is a benefit. But saving your making money is even much better. Here are some vital principles: Constantly comply with the concepts of resources monitoring: The quantity of a purchase should certainly not go beyond 3%-- 5% of the readily available sources; The amount of money in open trades require to be less than 10% of the down payment quantity; The loss amount for one month requirement to not go beyond 12% of the down payment. The balance you have in your account is sources at risk, as well as additionally is the amount you can handle to spend for losses. Never ever trade with funds for vital objectives or money obtained. Select an appropriate loss for every as well as daily. For some people, it may be 5 not successful purchases in succession, others can endure 10 or 20. Put your feelings apart and follow your trading plan. This is likewise a part of danger control. No alt text provided for this image Special Advantages ThisOption determines all options career system around the world ThisOption is the very first system worldwide for binary options to use social trading network (Replicate Trading), making it much easier for consumers to make earnings than ever before, just choose professionals along with set up Replicate Trading. The purchase will certainly be dealt with by an expert, income approximated to be from 5% -20% monthly ThisOption has an advancement policy for companions as well as customers that wish to share ThisOption info extensively to many other consumers, with an associate advertising plan that pays a high payment to IB aid you make a huge amount and easy revenues completely, accompany ThisOption to elevate profits and also limitless income at ThisOption · Liquidity Obtain in 1 hr. to your regional checking account as well as likewise promptly to your e-wallet · Recharge Every method is immediate · For the really first time, significant innovation firms such as Facebook, Apple, Google, as well as Amazon have actually entered the Binary Different market. No alt text provided for this image Final idea ThisOption is a friendly trading system, intuitive interface, trustworthy trading evaluation and also measurement devices. Diverse types of trading accounts optimal for both specialists as well as likewise newbies. Practical settlement, numerous down payments as well as withdrawal methods. Specialist client service. Official links for more details, Website Link : https://www.extons.io Thisoption binary exchange : https://thisoption.com Whitepaper Link : https://www.extons.io/whitepaper Twitter Link : https://twitter.com/thisoption Telegram Link : https://t.me/thisoption ANN Threads Link : https://bitcointalk.org/index.php?topic=5263768 Facebook Link: https://www.facebook.com/thisoptionexchange Youtube Link: https://www.youtube.com/channel/UCb6ufyQv-hs5BcUx6j0q70Q Medium Link: https://firstname.lastname@example.org Bitcointalk Username : priyapolypro My Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=2355878
Mainly asked inquiries worrying ThisOption account as well as also just how to start
ThisOption is not popular by lots of people. People only have an approximation of what it is. Below are numerous of the typical worries asked concerning Thisoption account as well as precisely how to start. My account Exactly how can I fund my trading account? You can fund your account by charge card (VISA/MasterCard), Financial institution cable transfer, Bitcoin, Ethereum, Litecoin, Altcoins, Neteller, Skrill, Perfect Money. Precisely how swiftly the funds will be contributed to my trading account? The funds will definitely be readily available for trading as soon as possible, once we obtain a confirmation from settlement system. What are the problems for withdrawals? For safety reasons, recognition of the person is needed for all withdrawals, regardless of the withdrawal quantity. https://preview.redd.it/q1yf63bmytf51.jpg?width=650&format=pjpg&auto=webp&s=9d315f9e9916fd16483fde5b21a837542e457906 For account without perk: financier needs to get to a 100% turnover from transferred quantity, to insist for withdrawal. For account with bonus: investor requires to reach 300% turn over from deposited quantity, to declare for transferred quantity in addition to incomes withdrawal. A lot more information in "Consumer agreement". The extremely little amount allowed for withdrawal is $50. Just how swiftly my withdrawal demand is processed? ThisOption refines all withdrawal demands within 1 hour. Nevertheless, verification might take longer time, if client really did not send all requested for records in time. Does ThisOption keep a tax obligation from repayments? ThisOption does not hold back any kind of taxes. Nevertheless, as a consumer, it is your duty to adhere to the tax responsibilities needs in your jurisdiction. How can I close my ThisOption account? Please email at [email protected]on.com to ask for closing of your account. You will absolutely obtain a confirmation when this request will certainly be completed. https://preview.redd.it/iqfaprynytf51.jpg?width=700&format=pjpg&auto=webp&s=9011f355a76456f93374a991aae9fcc2f03ccaad What is CFD? CFD - Contract for Difference. What is binary alternative? Binary choices are an easy and potentially exceptionally successful approach to make money from short-term tasks on the market. By correctly anticipating whether the price of a property will increase or down, you can obtain a substantial profit in a consistent method. What is cryptocurrency? Cryptocurrency is a digital money; which working is based upon blockchain modern technology. Actually, currency doesn't exist, it exists just basically. What is the minimum as well as maximum deposit amount? The minimum deposit quantity is 250$ (or EUR), as well as likewise the optimum - 50000$ (or EUR). Do I need to download and install and also mount any type of software for trading? There is no need to download and mount something before you can start patronizing ThisOption. All you require to do is register and also consist of funds into your account and likewise you'll be ready to start trading. Exists any kind of kind of maintenance or enrollment cost? No, it is free to open up an account with ThisOption. https://preview.redd.it/1wewm2zoytf51.jpg?width=1500&format=pjpg&auto=webp&s=8c1d72756ba7a763228df3dd2d146d7bce482aad Exactly just how can I subscribe? To join most likely to 'Open up an Account' in addition to get in the called for details. Please make sure the data you send appertains along with around day. In the future it will definitely enhance withdrawal treatment. Thisoption account opening as well as beginning is very basic. For more information please visit Website Extons:https://www.extons.io Thisoption:https://thisoption.com Ann Thread:https://bitcointalk.org/index.php?topic=5263768 Whitepaper:https://www.extons.io/whitepaper Facebook:https://www.facebook.com/thisoptionexchange Medium:https://email@example.com Article Written By: Bitcointalk Username:emmamegan Bitcointalk profile link:https://bitcointalk.org/index.php?action=profile;u=2382281
Vertextrades.com Review: 2%-3.5% each working day for 50-75 working days
Vertextrades.com is a high yield investment program which provides long term deposit plans. It started on 26th May 2020. You can get 2%-3.5% each working day for 50–75 working days, this program provides profitable rewards for promoters. I listed it into Standard listing. My first withdrawal request was already processed successfully into my PerfectMoney wallet yesterday. Now let me introduce it to you. Started: 2020–05–26 My Deposit: $200
The amount of 200 USD has been withdrawn from your account. Accounts: U3869878->U21524869. Memo: Shopping Cart Payment. . Date: 13:10 19.06.20. Batch: 319883157.
Invest $30–5000, earn 2% each working day for 75 working days and principal included Invest $5001–10000, earn 2.25% each working day for 70 working days and principal included Invest $10001–20000, earn 2.5% each working day for 65 working days and principal included Invest $20001–100000, earn 3.5% each working day for 50 working days and principal included
These are all the plans Vertextrades.com provides. Since trading takes place only 5 days a week, you will receive return on investment from Monday to Friday. I think the most suitable plan is the first one for all investors, because you only need $30 to start your investment journey. Let me take an example: if you deposit $100, then you can earn 2% daily from Monday to Friday, and you can withdrawal or reinvest the money at any time as your willings. After 75 working days, you will earn $150 totally and initial deposit included. That is to say, your net profit will be $50. Promotional Rewards
Referral Bonus Existing clients can earn referral bonus by introducing new clients. Vertextrades.com pays 10% referral bonus if the person whom you have referred makes a deposit. Referral bonus is paid instantly. Even the accounts that are not having active deposit are eligible to get referral bonus. The referral bonus will be credited directly to the E-wallet upon the completion of the registration and investment process of the members present down the line. Binary Matching Bonus Binary matching bonus will be credited only to the accounts with active deposits. Binary matching income is calculated every 24 hours. Please refer the binary chart for different binary matching slabs.
In binary plan, the new clients are placed below the introducer (referrer) to the left or right side (left or right sub-tree). The tree of a Binary Network Plan will have two legs-left and right; but if a member recruits more than two, then the additional member will be added to the next member down-line. This concept allows the additional member to be shared with down-line member (power leg) and the one who recruited them. This is referred to as spillover. With respect to profit leg, there won’t be a spillover as the profit leg will be expanded with individually sponsored downlines. The binary plan is mostly quantity oriented and not based on the levels. If you register through my personal link, then 10% of your deposit amount will be transferred back to your personal wallet. So don’t forget to submit your RCB request from top menu section on my website, I will transfer the money to you once admin processes my withdrawal request. Payment Options Vertextrades.com accepts PerfectMoney, Payeer, Bitcoin, Litecoin, Ethereum, BitcoinCash. Please remember that Bitcoin Payment takes 6 Confirmation in Blockchain. After Bitcoin deposit, it might take anywhere from 1 minute to 3 hours for the funds to be credited in your Vertex Trades account. Withdrawal Type The withdrawal processing time after withdrawal request is 48 hours, and the minimum withdrawal amount is 10 USD. Vertextrades.com charges a total of 10% withdrawal fee while transferring the funds from Vertex Trades E- wallet to your e-currency account. However, no fee is charged for internal transfer, i.e., transfer of funds from one Vertex Trades Account Balance to another Vertex Trades Account Balance, so you can use the internal transfer instead of withdrawal function to save the 10% fee. But remember that only use this function with your trusted friends to keep your money safe. Whois Information
Domain Registration: 2020/01/23–2023/01/23 IP Address: 220.127.116.11–1,541 other sites hosted on this server IP Location: California — Menifee — Sucuri ASN: AS30148 SUCURI-SEC, US (registered Feb 13, 2015)
Summary Vertextrades.com runs its website on an original template, and it now supportes 20 languages. Like most projects, admin also registered a UK company called “VERTEX TRADES LTD”, and you can check its certificate clicking here. From its investment plan, we can know that its profit is not too high, but from its promotional rewards, we can see profitable rewards for promoters. From the picture below, we can see that there is only 8 monitors although it has already operated for 92 days, maybe admin has his own promotional methods. If you have more questions, you can contact admin through its online chat box or the contact info I wrote below. Contact Info
IQ Option is one of the most popular binary trading platforms for many traders . IQ Option offers binary options traders a regulated environment in order to trade binaries within very flexible trading conditions. The minimum deposit is $10 and the minimum investment amount is $1. This means that IQ option demands the lowest requirements among all the binary brokers in the whole industry; therefore, traders at IQ Option are assured of a fulfilling trading experience, thanks to their no frills proprietary trading platform and coverage of many different types of underlying assets. https://preview.redd.it/crczhi6h2b551.png?width=400&format=png&auto=webp&s=32c309e26ec9319feef4e5a35adefabe66e166d4
The offshore FX and CFDs broker KONTOFX has its focus on binary trading options. It offers a number of binary assets for trading on an oversimplified trading platform. It also offers maximum leverage of a 1:200. Before considering this broker for trading please follow our scam broker KONTOFX review.
About the KONTOFX:
The broker offers binary options of more than 20 cryptocurrencies from popular Bitcoin to Ethereum and many more. The minimum investment of $250 is needed to start trading with KONTOFX. This minimum deposit is in accordance with the current market situation but several regulated brokers provide the same services at the cost of $ 5. The Estonian firm NTMT Transformatic Markets OU is the owner of KONTORFX and the operations are handled by Northside Business Centres located in Hungary. It has also another office located in Moscow, Russia that manages clients outside of the EU. To offer its services in the EU any Estonian firm required to be regulated by Finantsinspektsioon the local Financial Supervision Authority. When checked with Finantsinspektsioon there is no evidence of this broker’s registration. The terms and conditions section of this brokers mentions that the broker is not bound to process withdrawal requests made by the traders. Meaning that the profits gained by the traders can not be withdrawn. This condition is utter nonsense as traders do trading to earn profit and use them as per their convenience. The available spread at KONTOFX on bitcoin-us dollar pair is around $170 that is higher. On the contrary, the information on the website talks about low spreads at 0.6 pips. The offered leverage is up to the ratio of 1:200. When tried to test the provided trading platform we came across very few CFDs offered on binary options and not at all on other commodities. This means the broker is advertising itself falsely as the leader in binary and other commodities CFDs providers. The payments are entertained only with cards and all other means of payments are unavailable. As mentioned earlier this broker does not provide world-leading MetaTrader platform. Instead offers to trade on some unproven web-based terminal. The fact of worry about this broker is, there is warning issued against it by the Financial Conduct Authority, UK.
Is KONTOFX legit or scam?
The offshore broker KONTOFX makes false claims every now and then. The terms and conditions of this broker are very strange. The broker KONTOFX is unregulated and unlicensed and has a high risk of fund loss. All in all this broker can be a potential Forex scam broker. Avoid it for the safety of your investments.
In order to create an account on BitMEX, users first have to register with the website. Registration only requires an email address, the email address must be a genuine address as users will receive an email to confirm registration in order to verify the account. Once users are registered, there are no trading limits. Traders must be at least 18 years of age to sign up. https://preview.redd.it/0v13qoil3cc41.jpg?width=808&format=pjpg&auto=webp&s=e6134bc089c4e352dce10d754dc84ff11a4c7994 However, it should be noted that BitMEX does not accept any US-based traders and will use IP checks to verify that users are not in the US. While some US users have bypassed this with the use of a VPN, it is not recommended that US individuals sign up to the BitMEX service, especially given the fact that alternative exchanges are available to service US customers that function within the US legal framework. How to Use BitMEX BitMEX allows users to trade cryptocurrencies against a number of fiat currencies, namely the US Dollar, the Japanese Yen and the Chinese Yuan. BitMEX allows users to trade a number of different cryptocurrencies, namely Bitcoin, Bitcoin Cash, Dash, Ethereum, Ethereum Classic, Litecoin, Monero, Ripple, Tezos and Zcash. The trading platform on BitMEX is very intuitive and easy to use for those familiar with similar markets. However, it is not for the beginner. The interface does look a little dated when compared to newer exchanges like Binance and Kucoin’s. Once users have signed up to the platform, they should click on Trade, and all the trading instruments will be displayed beneath. Clicking on the particular instrument opens the orderbook, recent trades, and the order slip on the left. The order book shows three columns – the bid value for the underlying asset, the quantity of the order, and the total USD value of all orders, both short and long. The widgets on the trading platform can be changed according to the user’s viewing preferences, allowing users to have full control on what is displayed. It also has a built in feature that provides for TradingView charting. This offers a wide range of charting tool and is considered to be an improvement on many of the offering available from many of its competitors. https://preview.redd.it/fabg1nxo3cc41.jpg?width=808&format=pjpg&auto=webp&s=6d939889c3eac15ab1e78ec37a8ccd13fc5e0573 Once trades are made, all orders can be easily viewed in the trading platform interface. There are tabs where users can select their Active Orders, see the Stops that are in place, check the Orders Filled (total or partially) and the trade history. On the Active Orders and Stops tabs, traders can cancel any order, by clicking the “Cancel” button. Users also see all currently open positions, with an analysis if it is in the black or red. BitMEX uses a method called auto-deleveraging which BitMEX uses to ensure that liquidated positions are able to be closed even in a volatile market. Auto-deleveraging means that if a position bankrupts without available liquidity, the positive side of the position deleverages, in order of profitability and leverage, the highest leveraged position first in queue. Traders are always shown where they sit in the auto-deleveraging queue, if such is needed. Although the BitMEX platform is optimized for mobile, it only has an Android app (which is not official). There is no iOS app available at present. However, it is recommended that users use it on the desktop if possible. BitMEX offers a variety of order types for users:
Limit Order (the order is fulfilled if the given price is achieved);
Market Order (the order is executed at current market price);
Stop Limit Order (like a stop order, but allows users to set the price of the Order once the Stop Price is triggered);
Stop Market Order (this is a stop order that does not enter the order book, remain unseen until the market reaches the trigger);
Trailing Stop Order (it is similar to a Stop Market order, but here users set a trailing value that is used to place the market order);
Take Profit Limit Order (this can be used, similarly to a Stop Order, to set a target price on a position. In this case, it is in respect of making gains, rather than cutting losses);
Take Profit Market Order (same as the previous type, but in this case, the order triggered will be a market order, and not a limit one)
The exchange offers margin trading in all of the cryptocurrencies displayed on the website. It also offers to trade with futures and derivatives – swaps.
Futures and Swaps
A futures contract is an agreement to buy or sell a given asset in the future at a predetermined price. On BitMEX, users can leverage up to 100x on certain contracts. Perpetual swaps are similar to futures, except that there is no expiry date for them and no settlement. Additionally, they trade close to the underlying reference Index Price, unlike futures, which may diverge substantially from the Index Price. BitMEX also offers Binary series contracts, which are prediction-based contracts which can only settle at either 0 or 100. In essence, the Binary series contracts are a more complicated way of making a bet on a given event. The only Binary series betting instrument currently available is related to the next 1mb block on the Bitcoin blockchain. Binary series contracts are traded with no leverage, a 0% maker fee, a 0.25% taker fee and 0.25% settlement fee.
BitMEX allows its traders to leverage their position on the platform. Leverage is the ability to place orders that are bigger than the users’ existing balance. This could lead to a higher profit in comparison when placing an order with only the wallet balance. Trading in such conditions is called “Margin Trading.” There are two types of Margin Trading: Isolated and Cross-Margin. The former allows the user to select the amount of money in their wallet that should be used to hold their position after an order is placed. However, the latter provides that all of the money in the users’ wallet can be used to hold their position, and therefore should be treated with extreme caution. https://preview.redd.it/eg4qk9qr3cc41.jpg?width=808&format=pjpg&auto=webp&s=c3ca8cdf654330ce53e8138d774e72155acf0e7e The BitMEX platform allows users to set their leverage level by using the leverage slider. A maximum leverage of 1:100 is available (on Bitcoin and Bitcoin Cash). This is quite a high level of leverage for cryptocurrencies, with the average offered by other exchanges rarely exceeding 1:20.
BitMEX does not charge fees on deposits or withdrawals. However, when withdrawing Bitcoin, the minimum Network fee is based on blockchain load. The only costs therefore are those of the banks or the cryptocurrency networks. As noted previously, BitMEX only accepts deposits in Bitcoin and therefore Bitcoin serves as collateral on trading contracts, regardless of whether or not the trade involves Bitcoin. The minimum deposit is 0.001 BTC. There are no limits on withdrawals, but withdrawals can also be in Bitcoin only. To make a withdrawal, all that users need to do is insert the amount to withdraw and the wallet address to complete the transfer. https://preview.redd.it/xj1kbuew3cc41.jpg?width=808&format=pjpg&auto=webp&s=68056f2247001c63e89c880cfbb75b2f3616e8fe Deposits can be made 24/7 but withdrawals are processed by hand at a recurring time once per day. The hand processed withdrawals are intended to increase the security levels of users’ funds by providing extra time (and email notice) to cancel any fraudulent withdrawal requests, as well as bypassing the use of automated systems & hot wallets which may be more prone to compromise.
BitMEX operates as a crypto to crypto exchange and makes use of a Bitcoin-in/Bitcoin-out structure. Therefore, platform users are currently unable to use fiat currencies for any payments or transfers, however, a plus side of this is that there are no limits for trading and the exchange incorporates trading pairs linked to the US Dollar (XBT), Japanese Yen (XBJ), and Chinese Yuan (XBC). BitMEX supports the following cryptocurrencies:
Bitcoin Cash (BCH)
Ethereum Classic (ETC)
Ripple Token (XRP)
EOS Token (EOS)
BitMEX also offers leverage options on the following coins:
5x: Zcash (ZEC)
20x : Ripple (XRP),Bitcoin Cash (BCH), Cardano (ADA), EOS Token (EOS), Tron (TRX)
HDR Global Trading, the company which owns BitMEX, has recently announced a partnership with Trading Technologies International, Inc. (TT), a leading international high-performance trading software provider. The TT platform is designed specifically for professional traders, brokers, and market-access providers, and incorporates a wide variety of trading tools and analytical indicators that allow even the most advanced traders to customize the software to suit their unique trading styles. The TT platform also provides traders with global market access and trade execution through its privately managed infrastructure and the partnership will see BitMEX users gaining access to the trading tools on all BitMEX products, including the popular XBT/USD Perpetual Swap pairing. https://preview.redd.it/qcqunaby3cc41.png?width=672&format=png&auto=webp&s=b77b45ac2b44a9af30a4985e3d9dbafc9bbdb77c
The BitMEX Insurance Fund
The ability to trade on leverage is one of the exchange’s main selling points and offering leverage and providing the opportunity for traders to trade against each other may result in a situation where the winners do not receive all of their expected profits. As a result of the amounts of leverage involved, it’s possible that the losers may not have enough margin in their positions to pay the winners. Traditional exchanges like the Chicago Mercantile Exchange (CME) offset this problem by utilizing multiple layers of protection and cryptocurrency trading platforms offering leverage cannot currently match the levels of protection provided to winning traders. In addition, cryptocurrency exchanges offering leveraged trades propose a capped downside and unlimited upside on a highly volatile asset with the caveat being that on occasion, there may not be enough funds in the system to pay out the winners. To help solve this problem, BitMEX has developed an insurance fund system, and when a trader has an open leveraged position, their position is forcefully closed or liquidated when their maintenance margin is too low. Here, a trader’s profit and loss does not reflect the actual price their position was closed on the market, and with BitMEX when a trader is liquidated, their equity associated with the position drops down to zero. In the following example, the trader has taken a 100x long position. In the event that the mark price of Bitcoin falls to $3,980 (by 0.5%), then the position gets liquidated with the 100 Bitcoin position needing to be sold on the market. This means that it does not matter what price this trade executes at, namely if it’s $3,995 or $3,000, as from the view of the liquidated trader, regardless of the price, they lose all the equity they had in their position, and lose the entire one Bitcoin. https://preview.redd.it/wel3rka04cc41.png?width=669&format=png&auto=webp&s=3f93dac2d3b40aa842d281384113d2e26f25947e Assuming there is a fully liquid market, the bid/ask spread should be tighter than the maintenance margin. Here, liquidations manifest as contributions to the insurance fund (e.g. if the maintenance margin is 50bps, but the market is 1bp wide), and the insurance fund should rise by close to the same amount as the maintenance margin when a position is liquidated. In this scenario, as long as healthy liquid markets persist, the insurance fund should continue its steady growth. The following graphs further illustrate the example, and in the first chart, market conditions are healthy with a narrow bid/ask spread (just $2) at the time of liquidation. Here, the closing trade occurs at a higher price than the bankruptcy price (the price where the margin balance is zero) and the insurance fund benefits. Illustrative example of an insurance contribution – Long 100x with 1 BTC collateral https://preview.redd.it/is89ep924cc41.png?width=699&format=png&auto=webp&s=f0419c68fe88703e594c121b5b742c963c7e2229 (Note: The above illustration is based on opening a 100x long position at $4,000 per BTC and 1 Bitcoin of collateral. The illustration is an oversimplification and ignores factors such as fees and other adjustments. The bid and offer prices represent the state of the order book at the time of liquidation. The closing trade price is $3,978, representing $1 of slippage compared to the $3,979 bid price at the time of liquidation.) The second chart shows a wide bid/ask spread at the time of liquidation, here, the closing trade takes place at a lower price than the bankruptcy price, and the insurance fund is used to make sure that winning traders receive their expected profits. This works to stabilize the potential for returns as there is no guarantee that healthy market conditions can continue, especially during periods of heightened price volatility. During these periods, it’s actually possible that the insurance fund can be used up than it is built up. Illustrative example of an insurance depletion – Long 100x with 1 BTC collateral https://preview.redd.it/vb4mj3n54cc41.png?width=707&format=png&auto=webp&s=0c63b7c99ae1c114d8e3b947fb490e9144dfe61b (Notes: The above illustration is based on opening a 100x long position at $4,000 per BTC and 1 Bitcoin of collateral. The illustration is an oversimplification and ignores factors such as fees and other adjustments. The bid and offer prices represent the state of the order book at the time of liquidation. The closing trade price is $3,800, representing $20 of slippage compared to the $3,820 bid price at the time of liquidation.) The exchange declared in February 2019, that the BitMEX insurance fund retained close to 21,000 Bitcoin (around $70 million based on Bitcoin spot prices at the time). This figure represents just 0.007% of BitMEX’s notional annual trading volume, which has been quoted as being approximately $1 trillion. This is higher than the insurance funds as a proportion of trading volume of the CME, and therefore, winning traders on BitMEX are exposed to much larger risks than CME traders as:
BitMEX does not have clearing members with large balance sheets and traders are directly exposed to each other.
BitMEX does not demand payments from traders with negative account balances.
The underlying instruments on BitMEX are more volatile than the more traditional instruments available on CME.
Therefore, with the insurance fund remaining capitalized, the system effectively with participants who get liquidated paying for liquidations, or a losers pay for losers mechanism. This system may appear controversial as first, though some may argue that there is a degree of uniformity to it. It’s also worth noting that the exchange also makes use of Auto Deleveraging which means that on occasion, leveraged positions in profit can still be reduced during certain time periods if a liquidated order cannot be executed in the market. More adventurous traders should note that while the insurance fund holds 21,000 Bitcoin, worth approximately 0.1% of the total Bitcoin supply, BitMEX still doesn’t offer the same level of guarantees to winning traders that are provided by more traditional leveraged trading platforms. Given the inherent volatility of the cryptocurrency market, there remains some possibility that the fund gets drained down to zero despite its current size. This may result in more successful traders lacking confidence in the platform and choosing to limit their exposure in the event of BitMEX being unable to compensate winning traders.
How suitable is BitMEX for Beginners?
BitMEX generates high Bitcoin trading levels, and also attracts good levels of volume across other crypto-to-crypto transfers. This helps to maintain a buzz around the exchange, and BitMEX also employs relatively low trading fees, and is available round the world (except to US inhabitants). This helps to attract the attention of people new to the process of trading on leverage and when getting started on the platform there are 5 main navigation Tabs to get used to:
**Trade:**The trading dashboard of BitMEX. This tab allows you to select your preferred trading instrument, and choose leverage, as well as place and cancel orders. You can also see your position information and view key information in the contract details.
**Account:**Here, all your account information is displayed including available Bitcoin margin balances, deposits and withdrawals, and trade history.
**Contracts:**This tab covers further instrument information including funding history, contract sizes; leverage offered expiry, underlying reference Price Index data, and other key features.
**References:**This resource centre allows you to learn about futures, perpetual contracts, position marking, and liquidation.
**API:**From here you can set up an API connection with BitMEX, and utilize the REST API and WebSocket API.
BitMEX also employs 24/7 customer support and the team can also be contacted on their Twitter and Reddit accounts. In addition, BitMEX provides a variety of educational resources including an FAQ section, Futures guides, Perpetual Contracts guides, and further resources in the “References” account tab. For users looking for more in depth analysis, the BitMEX blog produces high level descriptions of a number of subjects and has garnered a good reputation among the cryptocurrency community. Most importantly, the exchange also maintains a testnet platform, built on top of testnet Bitcoin, which allows anyone to try out programs and strategies before moving on to the live exchange. This is crucial as despite the wealth of resources available, BitMEX is not really suitable for beginners, and margin trading, futures contracts and swaps are best left to experienced, professional or institutional traders. Margin trading and choosing to engage in leveraged activity are risky processes and even more advanced traders can describe the process as a high risk and high reward “game”. New entrants to the sector should spend a considerable amount of time learning about margin trading and testing out strategies before considering whether to open a live account.
Is BitMEX Safe?
BitMEX is widely considered to have strong levels of security. The platform uses multi-signature deposits and withdrawal schemes which can only be used by BitMEX partners. BitMEX also utilises Amazon Web Services to protect the servers with text messages and two-factor authentication, as well as hardware tokens. BitMEX also has a system for risk checks, which requires that the sum of all account holdings on the website must be zero. If it’s not, all trading is immediately halted. As noted previously, withdrawals are all individually hand-checked by employees, and private keys are never stored in the cloud. Deposit addresses are externally verified to make sure that they contain matching keys. If they do not, there is an immediate system shutdown. https://preview.redd.it/t04qs3484cc41.jpg?width=808&format=pjpg&auto=webp&s=a3b106cbc9116713dcdd5e908c00b555fd704ee6 In addition, the BitMEX trading platform is written in kdb+, a database and toolset popular amongst major banks in high frequency trading applications. The BitMEX engine appears to be faster and more reliable than some of its competitors, such as Poloniex and Bittrex. They have email notifications, and PGP encryption is used for all communication. The exchange hasn’t been hacked in the past.
How Secure is the platform?
As previously mentioned, BitMEX is considered to be a safe exchange and incorporates a number of security protocols that are becoming standard among the sector’s leading exchanges. In addition to making use of Amazon Web Services’ cloud security, all the exchange’s systems can only be accessed after passing through multiple forms of authentication, and individual systems are only able to communicate with each other across approved and monitored channels. Communication is also further secured as the exchange provides optional PGP encryption for all automated emails, and users can insert their PGP public key into the form inside their accounts. Once set up, BitMEX will encrypt and sign all the automated emails sent by you or to your account by the [[email protected]](mailto:[email protected]) email address. Users can also initiate secure conversations with the support team by using the email address and public key on the Technical Contact, and the team have made their automated system’s PGP key available for verification in their Security Section. The platform’s trading engine is written in kdb+, a database and toolset used by leading financial institutions in high-frequency trading applications, and the speed and reliability of the engine is also used to perform a full risk check after every order placement, trade, settlement, deposit, and withdrawal. All accounts in the system must consistently sum to zero, and if this does not happen then trading on the platform is immediately halted for all users. With regards to wallet security, BitMEX makes use of a multisignature deposit and withdrawal scheme, and all exchange addresses are multisignature by default with all storage being kept offline. Private keys are not stored on any cloud servers and deep cold storage is used for the majority of funds. Furthermore, all deposit addresses sent by the BitMEX system are verified by an external service that works to ensure that they contain the keys controlled by the founders, and in the event that the public keys differ, the system is immediately shut down and trading halted. The exchange’s security practices also see that every withdrawal is audited by hand by a minimum of two employees before being sent out.
BitMEX Customer Support
The trading platform has a 24/7 support on multiple channels, including email, ticket systems and social media. The typical response time from the customer support team is about one hour, and feedback on the customer support generally suggest that the customer service responses are helpful and are not restricted to automated responses. https://preview.redd.it/8k81zl0a4cc41.jpg?width=808&format=pjpg&auto=webp&s=e30e5b7ca93d2931f49e2dc84025f2fda386eab1 The BitMEX also offers a knowledge base and FAQs which, although they are not necessarily always helpful, may assist and direct users towards the necessary channels to obtain assistance. BitMEX also offers trading guides which can be accessed here
There would appear to be few complaints online about BitMEX, with most issues relating to technical matters or about the complexities of using the website. Older complaints also appeared to include issues relating to low liquidity, but this no longer appears to be an issue. BitMEX is clearly not a platform that is not intended for the amateur investor. The interface is complex and therefore it can be very difficult for users to get used to the platform and to even navigate the website. However, the platform does provide a wide range of tools and once users have experience of the platform they will appreciate the wide range of information that the platform provides. Visit BitMEX
It's busted garbage.It's terribly designed. It's got issues.Third time's the charm. Alright. This is a volatile subject, and for good reason, but let's try to pull it apart a bit. For those that just rolled out from under a rock, the Naval Training Center (henceforth NTC) allows you to sell a line of ships and reset your research on them, and in exchange going back through them acquires tokens you can use to upgrade T6+ ships with statistical buffs permanently. You can upgrade a single ship three times, and you can only reset 3 lines every 3 months. That's the bones of it. Apparently, it costs 10 for the first upgrade, 30 for the second, and 60 for the third. You get 10 national tokens for one line and 2 bonus "universal" ones. This means it takes a minimum of ~7 months and 8 lines being replayed to fully upgrade asingleship. Grimacing yet? You're not alone. The worst part of this is buried in here there's some stuff most players will probably like-- a reason to play ships again that they've otherwise abandoned for a change of pace, and the ability to spiff up their favourite boats. Unfortunately, it is buried in a mountain of negative implications for game health. Let's break down some of the pros and cons specifically, along with clarifying the overall design goals, and see if there is a way for us to get the intended benefits without all of the unyielding sorrow those negative implications. Try not to pop a blood vessel before you get through the rest of this post; I will be listing some things that have both positive and negative impacts and trying to address both. Additionally, some details might be somewhat off-- the information is pretty hot off the presses and there are some conflicting accounts, so try not to get too hung up on any one thing and stay focused on the big picture. With that out of the way... Pros:
Play old ships you never had a reason to touch again, and make it worthwhile!
Something to do when you've already got the lines done that you care about while you wait for new stuff!
Get some neat buffs for your favourite ships!
Deflate the credit and free XP economies a bit!
Lose access to ships you enjoy and worked hard for until you go through the tremendous hassle of reacquiring them.
Lose access to ships you want to use for ranked or clan battles until reacquiring them, limiting the lines you can use.
A tremendous amount of effort stacked on top of an already near constant chain of other events.
Many of the ships you will grind through again are not applicable for most of those events, further dividing your time.
Buffs will become near-mandatory at upper tiers of any competitive environment.
Costs a tremendous amount of credits and free XP-- the only practical way to accomplish this for most players is converting regular XP. This creates a distinctly pay-2-win environment.
It is functionally impossible for a player to fully upgrade a ship in a tree that lacks tech lines. Fully upgrading the Blyskawica, for example, would require 100 "universal" tokens-- you acquire 2 per line and are slated to get 10 for free at the start. This means re-grinding 45 lines.
Based on this, it doesn't take a science rocket to conclude that the net negatives clearly outweigh the positives for most players, and if the options are scrap the systemorimplement it as described,scrapping the entire system is the only sensible choice. Thankfully, we're not limited to such a binary option, so we can explore it a bit further. I think most players realise that the nature of a F2P game is that there will be some impediments to progress by design, and we're all okay with that as long as they aren't unreasonable or punitive. If it took 5 times the XP it currently does to go from T9 to T10, it would be functionally pay-2-win, even if all else was equal. In conclusion, and comparing this system to commander skills/levels, upgrade slots, signal flags, unique upgrades... Gameplay buffs for effort and time invested aren't out of line. The issue here is that the buffs are not insignificant and they require such an incredible commitment that the only reasonable way to acquire them for the vast majority of players will be to dump a tremendous amount of free XP into them, and even that doesn't negate the other negatives like not having those ships necessarily available when you want them. It's a mess. So, ultimately, the question becomes "can we remove or mitigate those issues enough that the system feels fair and viable for the average player, even if they don't pay a cent?" And if so, how do we do that? To WG's credit, they already are aware that some extra consideration will be required for clan battles at least, and have stated these bonuses would be limited or excluded in some way. That leaves a lot of other problems, and I'd like to propose a few solutions keeping in line with the intended benefits of the NTC, while removing the bulk of the frustrating, daunting issues. Potential fixes:
When selecting a line, you acquire a camo-locked rental of the T1 and a personal mission for that vessel. It is provided with a port slot that is removed when the ship is removed. You do not lose any of your ships or sell them.
The personal mission for this rental is to earn XP equal to the amount it would take to research the following ship directly. Completion of all such missions for a given rental grants 1 token for that nation per mission, with even tiers granting a "universal token" instead, and then grants the following ship as a rental, similarly, with a corresponding personal mission foritsfollowing ship.
Completion of the Tier 5 and final stagesgrants a bonus "universal token".
Additionally, if in a clan, completion of the entire chain deposits an additional "universal token" into the clan treasury for distribution by clan officers.
Improvement of ships other than tier 10 require a value scaled to their tier. While a tier 10 requires 10/30/60, a tier 6 would require 6/18/36.
At the beginning of each "3 month season", any player that has at least 2 researchable tier 10s unlocked receives a number of "universal tokens" equal to their total researched ships (even if not currently in port) divided by 10, rounded up, plus 10. A player with five lines fully researched receives 15 free universal tokens every "season", while a player who has just unlocked the NTC with only 2 lines fully researched and nothing else would receive 12.
Finally, every player with at least a single tier 10 researchedcan select a single applicable ship in their port: this ship counts as being of the second upgrade level, minimum, irrespective of any other factors. This ship selection can be changed once per month.
Read over those again if you need to, as it's a bit to take in. Once you're done, let's get into the pros and cons of these changes relative to the base systems being proposed by WG, and see how they align with the goals of these features and mitigate the myriad issues. Pros:
You don't lose your ships. Because selecting a line simply commits you to a mission chain in rentals through that line, you won't ever be in a situation where you can't play a higher tier ship that you like because you committed to redoing its line.
The ship you're working with is a rental, and this means you can swap your commanders to it for free. This also means no fussing around with tons of commanders getting dumped off your line ships and everything getting shuffled around. It's a much neater, more obvious system.
Getting to T5 in a line is a fraction of the work compared to getting to the T10, but gives half the rewards-- players aren't signing up for a totally absurd triple re-tread of three lines in three months. Just getting to T5 or T6 in a few lines of their choice is enough to rack up a decent collection of tokens, allowing players with less time to play the game to realistically participate in the NTC while not punishing those who want to or can put in more effort.
Because the progress is tracked through personal missions, you can't just dump in free XP-- this removes any realistic way to whale through the NTC bonuses, limiting players to more traditional flags/premium/skill/time. While not 100% level for a free player, this ensures that players willing to flash their card aren't simply on a level completely unattainable for those that can't or won't.
Just over half of the tokens you earn will be "universal", meaning you can upgrade ships in trees without tech lines or more freely upgrade the ships of your choice in general, while still rewarding you greatly for working through the missions of trees the ships of which you specifically want to upgrade with the extra national tokens.
A small bump of tokens each season allows players to realistically upgrade some ships they like even if they can't commit obscene hours to the game.
Reduced prices for lower tier ships means a player isn't by default encouraged to only upgrade T10s to "get the most bang for their buck"-- you can nearly upgrade two tier 6 ships completely for the price of one tier 10.
A guaranteed level 2 upgrade means even the absolute most casual of players will always have at least one ship in their port ready to go out in peak performance, while limiting it to level 2 doesn't invalidate reaching level 3, and limiting changing of that selection to a monthly basis does not invalidate working on several different ships for upgrades.
For clans, dedicated players can fuel their clan treasury with upgrade tokens that will invariably be valuable to every player in a way coal/steel/doubloons aren't necessarily, and presuming clan battles limit upgrades to no more than (ideally) the first level as WG has hinted at, clans can reasonably help their members "prep" for CBs by doling out an allowance to help some members ready up ships or run events and internal contests with prizes virtually any player would be happy to receive.
This doesn't deflate the free XP or credit economies at all, meaning there will likely be other sinks for those later. Hopefully those will be cosmetic, or simply an increased selection of ships.
Your ship can be statistically worse than its red counterpart just because theirs is upgraded.
Rationally speaking, however, that's already the case in terms of commander levels and stock grinds and so on as previously mentioned. It's my belief that the nature of a few buffs (and it bears mentioning another user has calculated the buffs for many ships, and at least several of the stats calculated therein are wildly wrong-- the buffs are notable but not absurd) for some dedication is fair, but if it means locking people out of ships they enjoy and have worked to acquire or that it requires such an incredible amount of work that only those willing to pay to blow through the process (or even that that is an option) are the things that will raise the most ire. If the system is fair, accessible, but holds extra room for more dedicated players, then it's a reasonable, interesting addition to the game that doesn't impede gameplay or notably harm game health. I don't suppose my suggestions have covered everything here, but it's my hope I've echoed most major concerns and shown that the NTC doesn't necessarily have be so problematic. It is concerning these things weren't more closely scrutinized by WG-- I've been thinking about these issues for a few hours and they've had presumably months and I'd wager good money just about everybody would take my changes over their proposed system in a heartbeat-- but they're still deep in work-in-progress territory. Now isn't the time to start lighting things on fire. Now's the time to make sure the work goes in to fix the issues we can already see. In summary, the current system as proposed by WG isawfuland will almost certainly, without hyperbole, result in an exodus of veteran players and a huge wall for new players. It doesn't have to be that way, though. Let's not forget that alongside the NTC WG also announced a bunch of great stuff, like free premium consumables and vastly improved matchmaking.
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