Cryptocurrency

[Hobosapien]

Is there yet a trustworthy independent verification service that checks out all these new projects to ensure they are telling the truth, such as checking they exist at the physical location of their premises, and spends some time with them making sure they're not just a front to a scam?

If not, then a nice plan B for someone with suitable private detective skills and an initial budget to travel a bit. Can then sell proof of the evidence to interested parties with the aim of becoming the industry standard for accredited blockchain related services.

Just one necessary satellite service that will provide work for those not involved with the actual blockchain/crypto projects themselves.

[northernladuk]

Is there yet a trustworthy independent verification service that checks out all these new projects to ensure they are telling the truth, such as checking they exist at the physical location of their premises, and spends some time with them making sure they're not just a front to a scam?

Yeah. Scooter will do that for you.. Oh wait....

[scooterscot]

Is there yet a trustworthy independent verification service that checks out all these new projects to ensure they are telling the truth, such as checking they exist at the physical location of their premises, and spends some time with them making sure they're not just a front to a scam?

Yes - it's called 'do your own research' ;-)

Not wishing to be blunt, but there's truth in the saying. If want to believe it, study it. Otherwise hand over cash to PBC and the like.

Another tell tell sign of a good project, which could save you time, are those projects that are made up of just developers. People actually interested in developing something that solves a real problem. I've got two projects like that right now, it's like discovering BTC in 2010.

Why are they important?

1) The offer true fungibility

2) They do not require nodes like other blockchains storing gigabytes of data. They are designed in such as way to loose intermediary data.

[Jog On]

Strewth!

Austria will use Ethereum to track up to $1.3B in government bonds

[VirtualMonkey]

I've recently learnt of two new projects that are like discovering Bitcoin in 2010.

Very exciting.

do tell

[Jog On]

Crunch time again:

[scooterscot]

First time this year Bitcin appears to has broken through the 21 day MA and and bounced off it. If it stays that way for the next day or so then I think it's safe to say the bear market is over.

[AtW]

"More than $300,000 was allegedly shifted to digital currency, and “distributed into cryptocurrency accounts offshore,” police say."

Sydney couple allegedly used cryptocurrency to launder fraud proceeds - Computerworld

That means some cretins sold their tulipcoins to get criminal money that they've helped launder.

[Jog On]

"More than $300,000 was allegedly shifted to digital currency, and “distributed into cryptocurrency accounts offshore,” police say."

Sydney couple allegedly used cryptocurrency to launder fraud proceeds - Computerworld

That means some cretins sold their tulipcoins to get criminal money that they've helped launder.

Well I suppose that's it then. Time to sell... Been a good run folks, see you on the next get rich quick scam.

[SunnyInHades]

Berners-Lee comin' in for a slice with 'elastos (ELA) like' tech:

"Sir Tim Berners-Lee .. invented the World Wide Web in 1989"
“The blockchain and the web will connect together in lots of interesting ways” Oct 2017
"Tim Berners-Lee .. believes that the blockchain is the next step for the future of the internet" July 2018
“At the Decentralized Web Summit 2018, Berners-Lee will present Solid, (“social linked data”), a modular and extensible protocol and toolbox under development at MIT. The Solid project wants to build decentralized social applications while preserving, as much as possible, compatibility with existing W3C standards and protocols.” July 2018
"Through the production of Solid, Berners-Lee is proving that his new and future interests do lie within blockchain technology." July 2018
"startup 'inrupt' tech labelled 'Solid'" Sep 2018
"Solid: Tim Berners Lee announces his Elastos competitor" Sep 2018