Author: dfmines

Cryptocurrency News and Public Mining Pools

Blockchain has the potential of making public spending totally transparent.

Blockchain technology is superb and should be applied everywhere we can. A good centralized blockchain would be a state based blockchain tracking every penny of public money. Public spending recently has been very fishy when people see 100 Billions being stolen from Covid Relief they wonder if it is a bug or a feature. ​…
Read more

Is there any talk about client-side validation / single-use seals in ethereum?

Other projects are working on single-use seals where only commitments to transactions are added to the blockchain while all the data is kept off chain. As far as I know Ethereum, the plan is to have everything 100% on chain. Is that still the case? The reason why I'm asking is because with all the…
Read more

Iran halts authorized crypto mining to save energy for winter

Iran previously put a temporary blanket ban on crypto mining amid historically peak periods for power demand in summer.

What was the thing that got you into crypto?

Cryptocurrencies have been here for many years but only about 5% of the people on this planet own crypto. Before 2020 it was much less. I'm sure many of us heard about crypto in some way or another, but a lot of people only knew about Bitcoin and it's usage on the darknet to buy…
Read more

How to NOT get scammed out of you hard-earned investment in 2022

There's been a lot of reported scamming/hacking this year.~~ I refuse to use the term hacking here, since I feel like it is being used wrongly a lot in this sub and in the crypto scene in general. It's giving a bad rep for actual hackers. This year billions if not millions worth of crypto…
Read more

I would have no problem with paying taxes on my crypto assets only if it means paying in crypto, because it would add transparency and therefore reduce the incetives to cheat with public money.

Hi everybody I wanted to discuss with the crypto community about taxes. My take on the subject being that I would prefer paying my taxes in to crypto (except monero or privacy oriented coins) because I feel that the tracability would reduce the possibility of fraud, on account of having a public ledger à la…
Read more

Metaswap Gas incommunicado as experts link MGAS price drop to rug pull

Following the unexpected MGAS price drop, Metaswap Gas’ social media accounts were deleted, supporting PeckShield’s claim of a rug pull.

Decentralisation is the ONLY point of crypto

There has been a bit of a debate on this subreddit about the role of decentralisation in crypto. I believe that decentralisation is the ONLY point of crypto. Crypto has so many comparable non-crypto centralised alternatives, which can provide the same features. Here is a small list of features that crypto can offer, and a…
Read more

Mexican billionaire says ‘buy Bitcoin’ in new year message

submitted by /u/I_STEAL_TESTICLES [link] [comments]

Mexican billionaire says ‘buy Bitcoin’ in New Year message

Life advice from Mexico’s third-richest person: “Don’t be jealous, believe in yourself and buy Bitcoin.”