Different methods explaining how to add money to bitcoin ...

The DeFis Yearn (DSY) public chain is about to launch. Another blockchain world’s myth is about to be born!

The DeFis Yearn (DSY) public chain is about to launch. Another blockchain world’s myth is about to be born!
1. What is DeFis Yearn (DSY)?
According to the official introduction, DSY is based on the Ethereum (ETH, Ethereum) developed by Vitalik Buterin. It has improved and added DPoS master node network, side chain network, anonymous transaction, DeFi efficiency performance optimization and added POC as a block Encrypted digital currency with multiple new functions such as chain data storage.
The goal of DeFis Yearn is to build a world-type distributed computer system developed and governed spontaneously by the community. Following this vision, our platform will allow the creation of blockchain applications to be given the possibility of keeping application data private. This will be possible through a series of "zero-knowledge" encryption tools, which will become possible to be made usable. Combining revolutionary technology, DSY integrates three functions that operate independently in the traditional sense. They are: transaction, communication and competitive governance to accelerate innovation. With the help of blockchain technology and computing infrastructure technology that can be distributed across the world, this innovation process can be carried out in a safe and anonymous manner. The system integrates a number of first-class technologies and provides an open platform for innovative development that is not restricted by permissions and can flexibly adapt to user preferences.

https://preview.redd.it/j0ohsvxz5an51.png?width=553&format=png&auto=webp&s=17116221a1ce6670716d1512f48ce8fd00d8e5ee
2. What pain points does DeFis Yearn (DSY) solve?
Putting DeFis Yearn (DSY) on the mainstream public chains in the blockchain world, DeFis Yearn is undoubtedly the most avant-garde and has great explosive potential. This is embodied in that DeFis Yearn has broken through the bottleneck of the current public chain in many aspects. . From the perspective of the functional properties of currencies, the anonymous transfer technology created by DeFis Yearn has well complemented the privacy flaws of most digital currencies on the market. Secondly, from the perspective of the design of the public chain consensus mechanism, DSY adopts the POW+DPOS+POC fusion consensus mechanism. First of all, the POW mechanism is similar to the current mainstream currencies BTC, ETH, etc., which are intended to be protected and guaranteed by computing power Digital currency has a good and fair distribution mechanism, and the POW currency distribution mechanism is still the most scientific at present.
However, the POW mechanism has a huge disadvantage, that is, each transfer requires more nodes to confirm, which leads to the problem of slow transfer speed of the POW mechanism digital currency. In the long run, the number of users of digital currency is gradually increasing over time, and digital currency with a pure POW mechanism will eventually be unable to carry the increasing number of users in the later stage. Bitcoin in 2017 and Ethereum today are both encountering This kind of crisis, as a currency digital currency, the core value of its currency is gradually collapsing. When a currency transfer requires an extremely expensive fee and it takes a long time to arrive, it can no longer be called a good currency. , Let alone compete with other types of currencies, because the poor transfer experience will gradually drive away existing digital currency users.

https://preview.redd.it/hovsbj226an51.png?width=553&format=png&auto=webp&s=558b0004f606c8533d0c4bfa78b87462ce9ce17f
So, can this problem be solved? Of course, thanks to the emergence of the DPOS consensus mechanism, DPOS was born to improve the transfer speed bottleneck of POW. DPOS has a theoretical million-level TPS and is currently the only consensus mechanism that can carry large-scale commercial and massive users. This is why DeFis Yearn (DSY) introduces the DPOS consensus mechanism. In the early stage of DSY operation through POW, it provides computing power protection and a good currency distribution mechanism for DSY. After the market has a certain amount of currency in circulation, the DPOS mechanism is introduced to solve the transfer bottleneck of the pure POW mechanism and solve the POW mechanism that has been criticized. The problem. In addition, according to DSY official data, DSY will adopt the DAO decentralized governance mechanism, which is by far the most efficient governance mechanism. It can pave the way for DSY in the rapid development of the blockchain world. Turn off the highway.

https://preview.redd.it/0vn62zn36an51.png?width=447&format=png&auto=webp&s=8a48ebe90bd13c54c04db3c4925e87913308989f
Since the POW+DPOS mechanism is so perfect, why should we introduce the POC mechanism to achieve the integration of the three consensus mechanisms of POW+DPOS+POC? The reason is simple. There is still a problem with the POW mechanism, which is meaningless energy consumption. POC not only solves the problem of energy consumption, but also provides users with the function of decentralized storage. POC gives miners the value of existence and contribution to human society in a true sense. In addition, the integration of the POC mechanism can effectively increase the gold content of the DSY public chain, so that in addition to the text information of the transfer, the DSY chain also carries various forms of content. At that time, DSY has an excellent privacy protection mechanism in terms of currency attributes. ——Anonymous transfer, which can carry various ecological DAPPs and provide content storage based on the properties of the blockchain. It is a decentralized encrypted storage navigation system and a decentralized program operation system, which greatly increases the gold content of the DSY public chain , Which also enables all DSY holders to enjoy the dividends brought by the ecological development of the chain.
Does DSY plan to implement currency applications in the real world?
In fact, offline payment is a pain point that all digital currencies cannot solve. After all, there is a certain gap between digital currencies and legal currencies. But fortunately, as can be seen from the project development route in the official DSY white paper, DSY will implement offline payment functions and will support payment through the world's largest legal currency payment institution-PayPal. In addition to international payment tools, DSY also supports offline payments in some local areas, such ascommonly used in IndiaPaytm Paytm, Yandex.Money in Russia, WeChat and Alipay in China, etc. Users can use DSY decentralized wallet to directly complete offline fiat currency scan code payment, DSY will automatically convert the corresponding fiat currency amount to pay to the other party. This feature will undoubtedly be a phenomenon-level innovative application in the blockchain world in 2020.

https://preview.redd.it/4ei1t3n56an51.png?width=431&format=png&auto=webp&s=0380b319ef7edadbdabf559ec08b93456d35dac2
How to get DSY?
From the official information and development progress report, DeFis Yearn will first open a small number of DSY tokens for crowdfunding, and then complete the mainnet launch, so we can get DSY from several channels, whether through early crowdfunding , Mining or future exchange purchases. From the perspective of DSY's technological breakthrough and powerful offline application functions, DSY will undoubtedly bring a new round of impact to the blockchain world, and it is expected to cast another myth. This is mainly because the popularity of DSY mainnet is too high. , Has attracted the attention of a large number of domestic and foreign capitals, and everyone is looking forward to this moment. Under the multiple favorable circumstances, how strong DSY can perform, let us wait and see.

https://preview.redd.it/dpozm2z66an51.png?width=495&format=png&auto=webp&s=ce177696502ae833e56198863924c04c9e6601f9
submitted by BitRay2077 to u/BitRay2077 [link] [comments]

DSY public chain will first launch the DEFI sector, another blockchain myth is about to be born!

DSY public chain will first launch the DEFI sector, another blockchain myth is about to be born!
1. What is DeFis Yearn (DSY)?
DSY is based on Ethereum (ETH, Ethereum) developed by Vitalik Buterin. It has improved and added DPoS master node network, side chain network, anonymous transaction, DeFi efficiency performance optimization, and added POC as blockchain data storage.
The goal of DeFis Yearn is to build a world-type distributed computer system developed and governed spontaneously by the community. Following this vision, our platform will allow the creation of blockchain applications to be given the possibility of keeping application data private. This will be possible through a series of "zero-knowledge" encryption tools, which will become possible to be made available. Combining revolutionary technology, DSY integrates three functions that operate independently in the traditional sense. They are: transaction, communication and competitive governance to accelerate innovation. With the help of blockchain technology and computing infrastructure technology that can be distributed across the world, this innovation process can be carried out in a safe and anonymous manner. The system integrates a number of first-class technologies and provides an open platform for innovative development that is not restricted by permissions and can flexibly adapt to user preferences.

https://preview.redd.it/2vbawe6r42m51.png?width=553&format=png&auto=webp&s=470964be382c1c5636ce11cdc4559eb47764969b
2. What problems does DeFis Yearn (DSY) solve?
Putting DeFis Yearn (DSY) on the mainstream public chains in the current blockchain world, DeFis Yearn is undoubtedly the most avant-garde and has great explosive potential. This is embodied in that DeFis Yearn has broken through the bottleneck of the current public chain in many aspects. . From the perspective of the functional properties of currencies, the anonymous transfer technology created by DeFis Yearn has well complemented the privacy flaws of most digital currencies on the market. Secondly, from the perspective of the design of the public chain consensus mechanism, DSY adopts the POW+DPOS+POC fusion consensus mechanism. First of all, the POW mechanism is similar to the current mainstream currencies BTC, ETH, etc., which are intended to be protected and guaranteed by computing power Digital currency has a good and fair distribution mechanism, and the POW currency distribution mechanism is still the most scientific at present.
However, the POW mechanism has a huge disadvantage, that is, each transfer requires more nodes to confirm, which leads to the problem of slow transfer speed of the POW mechanism digital currency. In the long run, the number of users of digital currency is gradually increasing over time, and digital currency with a pure POW mechanism will eventually be unable to carry the increasing number of users in the later stage. Bitcoin in 2017 and Ethereum today are both encountering This kind of crisis, as a currency digital currency, the core value of its currency is gradually collapsing. When a currency transfer requires an extremely expensive fee and it takes a long time to arrive, it can no longer be called a good currency. , Let alone compete with other types of currencies, because the poor transfer experience will gradually drive away existing cryptocurrency users.

https://preview.redd.it/wuff86ft42m51.png?width=553&format=png&auto=webp&s=a872fbb5d335b4d42a41ac8139614d070a79022f
So, can this problem be solved? Of course, thanks to the emergence of the DPOS consensus mechanism. DPOS was born to improve the transfer speed bottleneck of POW. DPOS has a theoretical million-level TPS and is currently the only consensus mechanism that can carry large-scale commercial and massive users. This is why DeFis Yearn (DSY) introduces the DPOS consensus mechanism. In the early stage, DSY provided computing power protection and a good currency distribution mechanism for DSY through POW operation. After the market has a certain amount of currency in circulation, the DPOS mechanism is introduced to solve the transfer bottleneck of the pure POW mechanism and solve the POW mechanism that has been criticized. The problem. In addition, according to DSY official data, DSY will adopt the DAO decentralized governance mechanism, which is by far the most efficient governance mechanism.

https://preview.redd.it/77s0599w42m51.png?width=447&format=png&auto=webp&s=359565f9e5802ccf20d649d44be54c85d495451b
Since the POW+DPOS mechanism is so perfect, why should we introduce the POC mechanism to achieve the integration of the three consensus mechanisms of POW+DPOS+POC? The reason is simple. There is still a problem with the POW mechanism, which is meaningless energy consumption. POC not only solves the problem of energy consumption, but also provides users with the function of decentralized storage. POC gives miners the value of existence and contribution to human society in a true sense. In addition, the integration of the POC mechanism can effectively increase the gold content of the DSY public chain, so that in addition to the text information of the transfer, the DSY chain also carries various forms of content. At that time, DSY has an excellent privacy protection mechanism in terms of currency attributes. ——Anonymous transfer, which can carry various ecological DAPPs and provide content storage based on the properties of the blockchain. It is a decentralized encrypted storage navigation system and a decentralized program operation system, which greatly increases the gold content of the DSY public chain , Which also enables all DSY holders to enjoy the dividends brought by the ecological development of the chain.
Does DSY plan to implement currency applications in the real world?
In fact, offline payment is a pain point that all digital currencies cannot solve. After all, there is a certain gap between digital currencies and legal currencies. But fortunately, as can be seen from the project development route in the official DSY white paper, DSY will implement offline payment functions and will support payment through the world's largest legal currency payment institution-PayPal. In addition to international payment tools, DSY also supports offline payments in some local areas, such as Paytm commonly used in India, Yandex.Money in Russia, WeChat and Alipay in China, etc. Users can use DSY decentralized wallet to directly complete offline fiat currency scan code payment, DSY will automatically convert the corresponding fiat currency amount to pay to the other party. This feature will undoubtedly be a phenomenon-level innovative application in the blockchain world in 2020.

https://preview.redd.it/86q08p5y42m51.png?width=431&format=png&auto=webp&s=fda7373f2e1ca9fc6a33d237071766a5ee0effec
How to get DSY?
From the official information and development progress report, DeFis Yearn will first open a small number of DSY tokens for crowdfunding. After the crowdfunding is over, it will be launched on the decentralized exchange of the DEFI sector, and then the mainnet will be launched. We can obtain DSY from multiple channels, whether through early crowdfunding, decentralized exchanges or future centralized exchanges. From the perspective of DSY's technological breakthrough and powerful offline application functions, DSY's first decentralized exchange in the DEFI sector will undoubtedly bring a new round of impact to DEFI, and it is expected to create another myth of DEFI. This is mainly Because the popularity of DSY’s mainnet is too high, it has attracted the attention of a large number of domestic and foreign capitals. Everyone is looking forward to this moment. With multiple good conditions, how strong DSY can perform, let us wait and see!

https://preview.redd.it/xr38t52052m51.png?width=495&format=png&auto=webp&s=914b340678a01811e20586679f8d3a0eab98a271
submitted by BitRay2077 to u/BitRay2077 [link] [comments]

Here is the development roadmap

For all the FUD-ers who want a final product 2 month after the ICO, you should have read the whitepaper before :
v.0.1 - ANGE (Current Version) Yandex. Cocaine as a platform, Docker as an isolation.
Supported languages: *C++ *Go *Java *Node.js *Python *Ruby *[In development] Racket
We have the following services: *Logging *Node-local file storage *MongoDB storage *Elliptics storage *Node-local in-memory cache *Distributed in-memory cache *URL Fetch *Jabber *[In development] Notifications *[In development] Distributed time service
Prototypes of the smart-contracts system (“Forge”), Slave protocol for communication between nodes. Anyone can create his own hub and try to collect powers from miners, or create his own cluster (from many owned machines). Anyone could run any usual docker container on it or create your own application in Cocaine framework (see sections above or github).
v.0.2 - PRINCIP (june 2017) Main Token Contract and ICO application. Payout prototype (already implemented for BOINC-platform “[email protected]”)
Optimized To>man - Yandex.Cocaine - based platform for fog computing will be implemented.
Ethereum P2P101 Whisper modified in FUSRODAH - based protocol of messaging between Sender (Node) and Watcher (worker) machines will be implemented. As a demonstration of universality of platform, QUAKE game server container will be implemented
v.0.3 - ARCH (september 2017) On this version we will focus on the most crucial parts of the system. For now the slave protocol is literally ‘protocol’ - it has no own libraries or API, it’s just an agreement inside the module system.
On the platform level it is will be PayOut dapp - a simple dapp which allow hub administrator payout tokens to miners, depending on their work - it is already done for BOINC-like platforms such as“[email protected]”. We need to simply adapt it to our newly deployed token contract and architecture of the Cocaine gateway node.
On the smart contracts level it will work with our DAO contract. *Browser for sites *Messages optimization (channels,anti-flood etc) *DAO & Dividents payout *UI and UX improvments for all sides. *General productivity improvments
Browser for sites means we will have our own browser for our services and sites (inside sonm network). Probably it would be web3 compatible (metamask in complect) - It’s also will be good test for locator services - network should spawn apps and sites nearby with browser user (cookie definition and e.t.c.).
v.0.4 - POWER (march 2018) In this version we will be adding new messaging types for new messaging systems, tuning the communication between miners and hubs. We will probably rewrite the internal DNS peer discovery service as well (it allows the searching of peers during listening of the general channel in the messaging system).
Concerning the core platform we will work towards business logic (market and AI) implementation, and tuning in messages and blockchain API.
On the platform level we will be implementing integration with DCFS like IPFS,Swarm, Storj. Application registry. On the smart-contracts level we will be finishing work on “Factory”.
v.0.5 - VIRT (june 2018) Application registry means some ‘trusted’ registry of approved applications. If miner or hub will want use applications not from this registry (e.g. using their own private registry or other sources like github or private dev repositories) - they should add new source manually etc.
Court app - is application which filter DAO proposal and parsing messages channel to structurise flow of ‘blaming’ proposal and let community better tool to look at it. And vote for it.
On this level all the newest contracts from “Factory” - Whitelist, HubFactory,HubWallet will be deployed. It will be the start of forming real new homeostasis of the system. After that we think that a few “debug” releases will be necessary with different community proposals. *General locator and end-node client
This mean that locator will be used not only for browser, but for any type of application. We think it will take all queries from localhost to the network services and look for this services in sonm network to determine nearest good point. *BTSync *Court app
v.1.0 - DOMIN (august 2018) The very first commercial version of this platform for public usage.
Global DNS and service locator improvements allow us to create a new internet browser, which would allow everyone to find and run services like https://servicename.
Graphic UI improvements for each part of the system permit us to improve the user experience and start to widely expand among ‘non-bitcoiners’.
We also believe that other companies will use our smart-contract’s organization (Forge), which would allow them to use one contract-register and fair system protection from malicious users and fraud.
v.1.1 - THRON (november 2018) UX improvement, community proposals, feedback, debug, etc.
v1.n - CHERUB (2019) Development of the new SOSNA version is started, which will be based on CoreOS (a system you could literally run everywhere - microwaves and washing machines). Seriously, read about CoreOS - it is awesome!
v.2.0 - SERA (2020) Release of SOSNA 2.0. Imagine if your smart-watches from Apple could earn you money? That’s what we are talking about - When “Time is money!” is not just words.
submitted by Nono_Crypto to SONM [link] [comments]

Speak our language.

Everytime I raised the topics about Qiwi/Yandex.Money/Sberbank.Online/WebMoney - you supported this.
But I still don't get, why there's no Bitcoin companies who cares about International market?
And I raise this question, not because I dumb and think that Russia is the only country on our planet. But because this community has 0 intentions on speaking real user language.
80% of you located in U.S. And I know that you know that there's other countries exist. But it doesn't means that other countries payments work the same way like U.S. payments.
Here in Russia only tiny % of Internet users use Visa/Mastercard. We already got our own "Bitcoin". You want Russian audience to learn to speak "Bitcoin" language? That's a very selfish. Russia has no problem speaking Qiwi/Yandex.Money/Sberbank.Online/WebMoney language for already decade now, almost since the beginning of the Internet in Russia.
I've read recent article on why remittance services in Bitcoin aren't cheapest yet. That guy said that there's an important concept of last mile (term comes from telecommunication business and existed for describing role of intermediaries who communicate with customer)
So let me give you example. I'm sitting here in Russia with my friends, and trying to show them new features on how to use these services: Purse.IO, Lawnmower, Leet, Provistor, soon I will show them OpenBazaar, WatchMyBit, ShapeShift, FoldApp, etc and many other awesome services. But most of them use Qiwi/Y.M./SbeWM - they would be glad to try some new financial apps, but all they got is these 4 systems. And instead of enjoying user experience, I have to explain them how to sign up on LocalBitcoins, how to wait 3 confirmations to do what? To use some service? Come on. This is not worths it. It gives bad impression to people, because process gets complicated.
Payments systems are like language. Okay, I know you want to show everybody importance of using Bitcoin. But its the same like importance of teaching everybody of speaking Chinese and explaining benefits of such ancient language.
So at the end of 2015 (almost 2 months before 2016) I don't know even 1 bitcoin company that works with Russian systems.
Lets consider reconsider money properties again with http://moneyandstate.com/role-bitcoin-money/ article based on famous Erik Voorhees Bitcoin scarcity introduction video:
~Erik Voorhees: So how does this relate to Bitcoin? Bitcoin’s value as money needs to be understood like gold, which comes not from legal force, but from its specific attributes. Bitcoin’s attributes make it an amazing form of money and it was engineered for just that purpose:
Also I can add from myself, that Qiwi/SbeWM/YM is Instant, without fees, irreversible, almost anonymous and currently have way better UX than Bitcoin (sorry, but that's a sad truth, we still got plenty space to grow). But most important is that those systems are recognizable by 90% of Russian population. Seriously, I can pick 5 random our-local-craigslist ads with people selling an iPhone or computer or whatever, and 4 of them is going to accept Qiwi/SbeWM/YM as a payment! It works just like Cash!
Yes I understand that inflation will eat my rubles at the rate of 15% or more per year.
Yes I understand that Bitcoin can be sent globally, I love it.
I am myself perfectly fine with Bitcoin. But 99% of users in Russia don't have the same opinion as me. They don't get Bitcoin most of all, because Bitcoin companies doesn't speak our language. And because Qiwi/SbeWM/YM is still more superior than Bitcoin because it has 90% user adoption.
And by our language I mean exactly taking as payment those 4 providers.
I'm not sure if this applies to other countries, but I tried to research that and found out that Malaysia also have internal online banking apps which works better than Bitcoin for them.
I don't know what to do exactly. But maybe we need some sort of payment gateways for Bitcoin, which would specifically work with third-party payments systems to give user smoother user experience. This doesn't betrays Bitcoin idea, because in this case we serve people - otherwise they wouldn't get such services.
submitted by xbsm to Bitcoin [link] [comments]

BITCOIN GENERATOR FREE BITCOIN MINER 2020 100% LEGIT ... Bitcoin adder 🧨 Bitcoin MINER 🧨 Money generator free ... Best Free Bitcoin mining  earn up to 0.025 BTC every day ... Bitcoin miner Easyminer Video Setup - YouTube I Built a Bitcoin Miner and the Profits Have Been HUGE ...

A GUI frontend for Windows. Developed in cooperation with bitcoin pool 50BTC. Screenshots: 50Miner advantages. Only username and password to start mining on 50BTC pool. Miner automatically detects video cards and other OpenCL platforms installed on your computer. If there is no necessary OpenCL platform, you will get a download link. bitcoin miner free download - Bitcoin Miner for Windows 10, Bitcoin Miner - Cpu Miner, Bitcoin Miner for Windows 8, and many more programs 🔥Join us and download bitcoin miner right now! Best wishes, Money Miner Team Recent changes: Dear users! Thank you for your interest in the project and for using Money Miner! We have fixed few bugs in this update! Show full description Hide full description billionaire bitcash bitcoin blockchain boosters btc check complete cryptocurrency currencies dear etn freebitcoin increase miner mining ... BTC, Bitcoin cashout, Ethereum ETH, Litecoin LTC, Monero XMR, Bitcoin Cash BCH, to Bank Account, PayPal, Payoneer, Skrill, Nettler, Okpay. No Verification, No ID Required. Instant Payment Process! BTC to USD. Bitc in-Cashout.com Toggle navigation. HOME ; CRYPTOCURRENCY EXCHANGE ; ABOUT; CONTACT; 1 BTC = $ 13104.4 - 26/10/2020 11:08:29 am . Start Exchange. Send. Exchange rate: Receive Exchange ... Replenishment of the Bitcoin-wallet through Yandex.Money. To date, people are more confident in Bitcoin as a cryptocurrency. To use it at your own discretion, you need to be able to credit funds to a virtual purse. For such purposes, there are several options for replenishing of a wallet. At the same time, there is a lack of a single way to replenish the wallet directly. A user needs to find ...

[index] [14326] [40677] [17287] [33663] [24997] [18537] [48814] [26953] [12856] [10432]

BITCOIN GENERATOR FREE BITCOIN MINER 2020 100% LEGIT ...

Tutorial Asi se crea una Billetera Yandex.money Actualizada A.G Dinero4all ... You are being LIED TO about BITCOIN 🚨DON'T BE FOOLED! Cuban Gates O'Leary conspire against crypto - Duration: 13 ... Learn how to use and setup a bitcoin miner to earn bitcoins , litecoins , dogeecoins etc. Download miner from https://easyminer.net/Downloads/ Updated tool here: http://bit.ly/faucetool Today New Bitcoin Giveaway: https://bit.ly/BPSGiveaway ----- About Bitcoin Mi... BITCOIN GENERATOR Bitcoin adder Money generator free Working for MAC WIN Crypto BTC / ETH generator. Free to use. .Get your first free cryptocurrency on wall... *💎MINER MONEY💎* 🗓️Data lançamento 26/02/20 *Visualizar/investir 👉* https://miner-money.biz/ref/aforcadobitcoin *👉10 rublos no saldo de compras após ...

#