CryptoCurrency

Others: "I'm here to build wealth."
Me: "I'm here to collect funny monkey pictures and ride the meme wave."

#CryptoForFun #MemecoinAddict #NotAFinancialAdvisor #BlockchainAdventures #NFTCollector #DigitalEconomy #Web3Madness #InvestingOrJustVibing

I'm super excited to announce that cyphergoat.com is now live!

What is CypherGoat?

It is a crypto swap aggregator it automatically finds the best exchange rates from our partnered exchanges at no extra cost. You can then perform the swap on that exchange, without ever leaving our website! We currently support 12+ exchanges.

You can read a detailed announcement post on my blog

Why it stands out:

We will be the first open source crypto exchange aggregator on the market.

We offer an extremely easy to use interface for both advances and new users. CypherGoat is extremely fast since all estimates are provided in less than 5 seconds (unlike other aggregators)

We offer an open source privacy friendly cli, so that you can perform swaps without even using a web browser, GitHub repo: https://github.com/CypherGoat/cli

Giveaway:

We are giving away 50$ worth of XMR (or any crypto supported by CypherGoat) on twitter. Join the giveaway here

Head over to cyphergoat.com to see the magic for yourself ; )

cross-posted from: https://realbitcoin.cash/post/8564

The digital revolution hasn't just brought transformative innovations; it has also presented significant challenges to the cryptocurrency world. With Google's recent launch of the Willow quantum chip, a crucial question emerges: what is the true impact of quantum computing on the security of Bitcoin and other cryptocurrencies? This concern has mobilized experts and developers in search of solutions to ensure the continuity and security of the crypto ecosystem.

cross-posted from: https://lemmy.ml/post/24975827

Do you think a corporation would do anything to get an extra 1% return on their next quarterly report? Would they do things that hurt them in the long-term just so this quarter looked good? Make their products worse for a quick buck? Fuck over their long-term employees they spent years training? Skimp on quality and safety? Yes. They absolutely would. Corporations pay 3-5% on credit card fees and wait weeks for settlement. Lightning is <1% and it's instant. It's that simple. That's why Bitcoin lightning is going to win in the long run.

It's the same reason the food cart down the street takes venmo: because, at one time, venmo was free, which made it cheaper than credit cards. It's not free now though, because it couldn't be sustainably free, because nothing is free, and because venmo has every incentive to suck every dollar of profit out of those transactions it can. They have a captive audience. Lightning doesn't work that way. Liquidity providers, nodes, etc they all have to compete for your payment, so over time, fees get lower, not higher. Venmo isn't growing in adoption any more among merchants, lightning is.

The savings on fees is so significant that merchants can offer a discount to customers equivalent to the customer's normal credit card cash back and the merchant can still save money compared to credit cards. Last time Bitcoin got real hyped and lots of merchant adoption, fees and transaction confirmation times became a limiting factor. That factor is gone now. Cash App, in the US, has 25% market penetration. That's a lightning wallet. When customers realize they can get a 3% discount everywhere just by using it? Game over for credit cards.

If you haven't tried lightning, it's awesome. Instant confirmation, fees <1%, and very decentralized. There were some growing pains, but it's pretty robust now, I use it on a daily basis. It's where the majority of Bitcoin transactions occur, and nostr users alone are using it to send millions of transactions a month.

cross-posted from: https://realbitcoin.cash/post/208

Continuing the series, here’s my yearly recap article of everything important that happened in Bitcoin Cash over the last year.

cross-posted from: https://programming.dev/post/22952335

Hi Lemmy,

I'm Martin and have been working on a free and open-source, fully DIY crypto hardware wallet for a couple of months now. I' ve just published the first functional preview of the firmware, which can be built by anyone easily using Arduino IDE, and flashed to a variety of $5-off-the-shelve ESP32 boards from Aliexpress.

The first release will allow for storing up to 30 encrypted seed phrases, and Ethereum signing via Bluetooth Low Energy. Under the hood, it's powered by the cryptographic libraries written and used by Trezor.io.

Support for more interfaces and chains can be added fairly easily due to a modular structure, and there is a whole roadmap planned to extend functionality (starting with support for displays).

If you're interested to learn more, check out the README in the Colibri repository.

Please let me know what you think, and leave a 🌟 on Github if you like the project.

Also if there's anything that you've always missed in or been annoyed by a hardware wallet, your input would be greatly appreciated!

"Earlier that evening, at 7:48 pm PT, Biesk’s son had released into the wild 1 billion units of a new crypto coin, which he named Gen Z Quant."

Utah’s attorney general is joining a coalition of 17 other states pushing back on the federal government’s attempt to regulate cryptocurrencies, arguing that authority should instead be left to states.

According to court documents, Lichtenstein, 35, hacked into Bitfinex’s network in 2016, using advanced hacking tools and techniques. Once inside the network, Lichtenstein fraudulently authorized more than 2,000 transactions transferring 119,754 bitcoin from Bitfinex to a cryptocurrency wallet in Lichtenstein’s control. Lichtenstein then took steps to cover his tracks by deleting from Bitfinex’s network access credentials and other log files that could have revealed his conduct to law enforcement. Following the hack, Lichtenstein enlisted the help of his wife, Heather Morgan, in laundering the stolen funds.