Edit: TL;DR added in the comments submitted by
Hey all, I've been researching coins since 2017 and have gone through 100s of them in the last 3 years. I got introduced to blockchain via Bitcoin of course, analyzed Ethereum thereafter and from that moment I have a keen interest in smart contact platforms. I’m passionate about Ethereum but I find Zilliqa to have a better risk-reward ratio. Especially because Zilliqa has found an elegant balance between being secure, decentralized and scalable in my opinion.
Below I post my analysis of why from all the coins I went through I’m most bullish on Zilliqa (yes I went through Tezos, EOS, NEO, VeChain, Harmony, Algorand, Cardano etc.). Note that this is not investment advice and although it's a thorough analysis there is obviously some bias involved. Looking forward to what you all think!
Fun fact: the name Zilliqa is a play on ‘silica’ silicon dioxide
which means “Silicon for the high-throughput consensus computer.”
This post is divided into (i) Technology, (ii) Business & Partnerships, and (iii) Marketing & Community. I’ve tried to make the technology part readable for a broad audience. If you’ve ever tried understanding the inner workings of Bitcoin and Ethereum you should be able to grasp most parts. Otherwise, just skim through and once you are zoning out head to the next part. Technology and some more: Introduction
The technology is one of the main reasons why I’m so bullish on Zilliqa. First thing you see on their website
is: “Zilliqa is a high-performance, high-security blockchain platform for enterprises and next-generation applications.” These are some bold statements.
Before we deep dive into the technology let’s take a step back in time first as they have quite the history. The initial research paper from which Zilliqa originated dates back to August 2016: Elastico: A Secure Sharding Protocol For Open Blockchains
where Loi Luu (Kyber Network) is one of the co-authors. Other ideas that led to the development of what Zilliqa has become today are: Bitcoin-NG
, collective signing CoSi
The technical white paper
was made public in August 2017 and since then they have achieved everything stated in the white paper and also created their own open source intermediate level smart contract language called Scilla
(functional programming language similar to OCaml) too.
Mainnet is live since the end of January 2019 with daily transaction rates growing continuously. About a week ago mainnet reached 5 million transactions, 500.000+ addresses in total along with 2400 nodes keeping the network decentralized and secure. Circulating supply
is nearing 11 billion and currently only mining rewards are left. The maximum supply is 21 billion with annual inflation being 7.13%
currently and will only decrease with time.
Zilliqa realized early on that the usage of public cryptocurrencies and smart contracts were increasing but decentralized, secure, and scalable alternatives were lacking in the crypto space. They proposed to apply sharding onto a public smart contract blockchain where the transaction rate increases almost linear with the increase in the amount of nodes. More nodes = higher transaction throughput and increased decentralization. Sharding comes in many forms and Zilliqa uses network-, transaction- and computational sharding
. Network sharding opens up the possibility of using transaction- and computational sharding on top. Zilliqa does not use state sharding for now. We’ll come back to this later.
Before we continue dissecting how Zilliqa achieves such from a technological standpoint it’s good to keep in mind that a blockchain being decentralised and secure and scalable is still one of the main hurdles in allowing widespread usage of decentralised networks. In my opinion this needs to be solved first before blockchains can get to the point where they can create and add large scale value. So I invite you to read the next section to grasp the underlying fundamentals. Because after all these premises need to be true otherwise there isn’t a fundamental case to be bullish on Zilliqa, right? Down the rabbit hole
How have they achieved this? Let’s define the basics first: key players on Zilliqa are the users and the miners. A user is anybody who uses the blockchain to transfer funds or run smart contracts. Miners are the (shard) nodes in the network who run the consensus protocol and get rewarded for their service in Zillings (ZIL). The mining network is divided into several smaller networks called shards, which is also referred to as ‘network sharding’. Miners subsequently are randomly assigned to a shard by another set of miners called DS (Directory Service) nodes. The regular shards process transactions and the outputs of these shards are eventually combined by the DS shard as they reach consensus on the final state. More on how these DS shards reach consensus (via pBFT) will be explained later on.
The Zilliqa network produces two types of blocks: DS blocks and Tx blocks. One DS Block consists of 100 Tx Blocks. And as previously mentioned there are two types of nodes concerned with reaching consensus: shard nodes and DS nodes. Becoming a shard node or DS node is being defined by the result of a PoW cycle (Ethash) at the beginning of the DS Block. All candidate mining nodes compete with each other and run the PoW (Proof-of-Work) cycle for 60 seconds and the submissions achieving the highest difficulty will be allowed on the network. And to put it in perspective: the average difficulty for one DS node is ~ 2 Th/s
equaling 2.000.000 Mh/s or 55 thousand+ GeForce GTX 1070 / 8 GB GPUs
at 35.4 Mh/s. Each DS Block 10 new DS nodes are allowed. And a shard node needs to provide around 8.53 GH/s currently (around 240 GTX 1070s). Dual mining ETH/ETC and ZIL is possible and can be done via mining software such as Phoenix and Claymore. There are pools and if you have large amounts of hashing power (Ethash) available you could mine solo.
The PoW cycle of 60 seconds is a peak performance and acts as an entry ticket to the network. The entry ticket is called a sybil resistance mechanism
and makes it incredibly hard for adversaries to spawn lots of identities and manipulate the network with these identities. And after every 100 Tx Blocks which corresponds to roughly 1,5 hour this PoW process repeats. In between these 1,5 hour, no PoW needs to be done meaning Zilliqa’s energy consumption to keep the network secure is low. For more detailed information on how mining works click here
Okay, hats off to you. You have made it this far. Before we go any deeper down the rabbit hole we first must understand why Zilliqa goes through all of the above technicalities and understand a bit more what a blockchain on a more fundamental level is. Because the core of Zilliqa’s consensus protocol relies on the usage of pBFT (practical Byzantine Fault Tolerance) we need to know more about state machines and their function. Navigate to Viewblock
, a Zilliqa block explorer, and just come back to this article. We will use this site to navigate through a few concepts.
We have established that Zilliqa is a public and distributed blockchain. Meaning that everyone with an internet connection can send ZILs, trigger smart contracts, etc. and there is no central authority who fully controls the network. Zilliqa and other public and distributed blockchains (like Bitcoin and Ethereum) can also be defined as state machines.
Taking the liberty of paraphrasing examples and definitions given by Samuel Brooks’ medium article
, he describes the definition of a blockchain (like Zilliqa) as: “A peer-to-peer, append-only datastore that uses consensus to synchronize cryptographically-secure data”.
Next, he states that: "blockchains are fundamentally systems for managing valid state transitions”.
For some more context, I recommend reading the whole medium article to get a better grasp of the definitions and understanding of state machines. Nevertheless, let’s try to simplify and compile it into a single paragraph. Take traffic lights as an example: all its states (red, amber, and green) are predefined, all possible outcomes are known and it doesn’t matter if you encounter the traffic light today or tomorrow. It will still behave the same. Managing the states of a traffic light can be done by triggering a sensor on the road or pushing a button resulting in one traffic lights’ state going from green to red (via amber) and another light from red to green.
With public blockchains like Zilliqa, this isn’t so straightforward and simple. It started with block #1 almost 1,5 years ago and every 45 seconds or so a new block linked to the previous block is being added. Resulting in a chain of blocks with transactions in it that everyone can verify from block #1 to the current #647.000+ block. The state is ever changing and the states it can find itself in are infinite. And while the traffic light might work together in tandem with various other traffic lights, it’s rather insignificant comparing it to a public blockchain. Because Zilliqa consists of 2400 nodes who need to work together to achieve consensus on what the latest valid state is while some of these nodes may have latency or broadcast issues, drop offline or are deliberately trying to attack the network, etc.
Now go back to the Viewblock page take a look at the amount of transaction, addresses, block and DS height and then hit refresh. Obviously as expected you see new incremented values on one or all parameters. And how did the Zilliqa blockchain manage to transition from a previous valid state to the latest valid state? By using pBFT to reach consensus on the latest valid state.
After having obtained the entry ticket, miners execute pBFT to reach consensus on the ever-changing state of the blockchain. pBFT requires a series of network communication between nodes, and as such there is no GPU involved (but CPU). Resulting in the total energy consumed to keep the blockchain secure, decentralized and scalable being low.
pBFT stands for practical Byzantine Fault Tolerance and is an optimization on the Byzantine Fault Tolerant algorithm. To quote Blockonomi
: “In the context of distributed systems, Byzantine Fault Tolerance is the ability of a distributed computer network to function as desired and correctly reach a sufficient consensus despite malicious components (nodes) of the system failing or propagating incorrect information to other peers.”
Zilliqa is such a distributed computer network and depends on the honesty of the nodes (shard and DS) to reach consensus and to continuously update the state with the latest block. If pBFT is a new term for you I can highly recommend the Blockonomi article.
The idea of pBFT was introduced in 1999
- one of the authors even won a Turing award
for it - and it is well researched and applied in various blockchains and distributed systems nowadays. If you want more advanced information than the Blockonomi link provides click here
. And if you’re in between Blockonomi and the University of Singapore read the Zilliqa Design Story Part 2 dating from October 2017
Quoting from the Zilliqa tech whitepaper: “pBFT relies upon a correct leader (which is randomly selected) to begin each phase and proceed when the sufficient majority exists. In case the leader is byzantine it can stall the entire consensus protocol. To address this challenge, pBFT offers a view change protocol to replace the byzantine leader with another one.”
pBFT can tolerate ⅓ of the nodes being dishonest (offline counts as Byzantine = dishonest) and the consensus protocol will function without stalling or hiccups. Once there are more than ⅓ of dishonest nodes but no more than ⅔ the network will be stalled and a view change will be triggered to elect a new DS leader. Only when more than ⅔ of the nodes are dishonest (66%) double-spend attacks become possible.
If the network stalls no transactions can be processed and one has to wait until a new honest leader has been elected. When the mainnet was just launched and in its early phases, view changes happened regularly. As of today the last stalling of the network - and view change being triggered - was at the end of October 2019.
Another benefit of using pBFT for consensus besides low energy is the immediate finality it provides. Once your transaction is included in a block and the block is added to the chain it’s done. Lastly, take a look at this article
where three types of finality are being defined: probabilistic, absolute and economic finality. Zilliqa falls under the absolute finality (just like Tendermint for example). Although lengthy already we skipped through some of the inner workings from Zilliqa’s consensus: read the Zilliqa Design Story Part 3
and you will be close to having a complete picture on it. Enough about PoW, sybil resistance mechanism, pBFT, etc. Another thing we haven’t looked at yet is the amount of decentralization. Decentralisation
Currently, there are four shards, each one of them consisting of 600 nodes. 1 shard with 600 so-called DS nodes (Directory Service - they need to achieve a higher difficulty than shard nodes) and 1800 shard nodes of which 250 are shard guards (centralized nodes controlled by the team). The amount of shard guards has been steadily declining from 1200 in January 2019 to 250 as of May 2020
. On the Viewblock statistics, you can see that many of the nodes are being located in the US but those are only the (CPU parts of the) shard nodes who perform pBFT. There is no data from where the PoW sources are coming. And when the Zilliqa blockchain starts reaching its transaction capacity limit, a network upgrade needs to be executed to lift the current cap of maximum 2400 nodes to allow more nodes and formation of more shards which will allow to network to keep on scaling according to demand.
Besides shard nodes there are also seed nodes. The main role of seed nodes
is to serve as direct access points (for end-users and clients) to the core Zilliqa network that validates transactions. Seed nodes consolidate transaction requests and forward these to the lookup nodes (another type of nodes) for distribution to the shards in the network. Seed nodes also maintain the entire transaction history and the global state of the blockchain which is needed to provide services such as block explorers. Seed nodes in the Zilliqa network are comparable to Infura on Ethereum.
The seed nodes were first only operated by Zilliqa themselves, exchanges and Viewblock. Operators of seed nodes like exchanges had no incentive to open them for the greater public. They were centralised at first. Decentralisation at the seed nodes level has been steadily rolled out since March 2020 ( Zilliqa Improvement Proposal 3
). Currently the amount of seed nodes is being increased, they are public-facing and at the same time PoS is applied to incentivize seed node operators and make it possible for ZIL holders to stake and earn passive yields. Important distinction: seed nodes are not involved with consensus! That is still PoW as entry ticket and pBFT for the actual consensus.
5% of the block rewards are being assigned to seed nodes (from the beginning in 2019) and those are being used to pay out ZIL stakers. The 5% block rewards with an annual yield of 10.03% translate to roughly 610 MM ZILs in total that can be staked. Exchanges use the custodial variant of staking and wallets like Moonlet will use the non-custodial version (starting in Q3 2020). Staking is being done by sending ZILs to a smart contract created by Zilliqa and audited by Quantstamp.
With a high amount of DS; shard nodes and seed nodes becoming more decentralized too, Zilliqa qualifies for the label of decentralized in my opinion. Smart contracts
to get a good initial grasp of how Zilliqa’s smart contract language Scilla works and if you ask yourself “why another programming language?” check this
article. And if you want to play around with some sample contracts in an IDE click here
. The faucet can be found here
. And more information on architecture, dapp development and API can be found on the Developer Portal
If you are more into listening and watching: check this
recent webinar explaining Zilliqa and Scilla. Link is time-stamped so you’ll start right away with a platform introduction, roadmap 2020 and afterwards a proper Scilla introduction.
Generalized: programming languages can be divided into being ‘object-oriented’ or ‘functional’. Here is an ELI5 given by software development academy
: * “all programs have two basic components, data – what the program knows – and behavior – what the program can do with that data. So object-oriented programming states that combining data and related behaviors in one place, is called “object”, which makes it easier to understand how a particular program works. On the other hand, functional programming argues that data and behavior are different things and should be separated to ensure their clarity.” *
Scilla is on the functional side and shares similarities with OCaml
: OCaml is a general-purpose programming language with an emphasis on expressiveness and safety. It has an advanced type system that helps catch your mistakes without getting in your way. It's used in environments where a single mistake can cost millions and speed matters,
is supported by an active community, and has a rich set of libraries and development tools. For all its power, OCaml is also pretty simple, which is one reason it's often used as a teaching language. Scilla
is blockchain agnostic, can be implemented onto other blockchains as well, is recognized by academics and won a so-called Distinguished Artifact Award
award at the end of last year.
One of the reasons why the Zilliqa team decided to create their own programming language focused on preventing smart contract vulnerabilities is that adding logic on a blockchain, programming, means that you cannot afford to make mistakes
. Otherwise, it could cost you. It’s all great and fun blockchains being immutable but updating your code because you found a bug isn’t the same as with a regular web application for example. And with smart contracts, it inherently involves cryptocurrencies in some form thus value.
Another difference with programming languages on a blockchain is gas. Every transaction you do on a smart contract platform like Zilliqa or Ethereum costs gas. With gas you basically pay for computational costs. Sending a ZIL from address A to address B costs 0.001 ZIL currently. Smart contracts are more complex, often involve various functions and require more gas (if gas is a new concept click here
So with Scilla, similar to Solidity, you need to make sure that “every function in your smart contract will run as expected without hitting gas limits. An improper resource analysis may lead to situations where funds may get stuck simply because a part of the smart contract code cannot be executed due to gas limits. Such constraints are not present in traditional software systems”. Scilla design story part 1
Some examples of smart contract issues you’d want to avoid are: leaking funds, ‘unexpected changes to critical state variables’ (example: someone other than you setting his or her address as the owner of the smart contract after creation) or simply killing a contract.
Scilla also allows for formal verification. Wikipedia
to the rescue: In the context of hardware and software systems, formal verification is the act of proving or disproving the correctness of intended algorithms underlying a system with respect to a certain formal specification or property, using formal methods of mathematics.
Formal verification can be helpful in proving the correctness of systems such as: cryptographic protocols, combinational circuits, digital circuits with internal memory, and software expressed as source code.
is being developed hand-in-hand with formalization of its semantics and its embedding into the Coq proof assistant
— a state-of-the art tool for mechanized proofs about properties of programs.”
Simply put, with Scilla and accompanying tooling developers can be mathematically sure and proof that the smart contract they’ve written does what he or she intends it to do. Smart contract on a sharded environment and state sharding
There is one more topic I’d like to touch on: smart contract execution in a sharded environment (and what is the effect of state sharding). This is a complex topic. I’m not able to explain it any easier than what is posted here
. But I will try to compress the post into something easy to digest.
Earlier on we have established that Zilliqa can process transactions in parallel due to network sharding. This is where the linear scalability comes from. We can define simple transactions: a transaction from address A to B (Category 1), a transaction where a user interacts with one smart contract (Category 2) and the most complex ones where triggering a transaction results in multiple smart contracts being involved (Category 3). The shards are able to process transactions on their own without interference of the other shards. With Category 1 transactions that is doable, with Category 2 transactions sometimes if that address is in the same shard as the smart contract but with Category 3 you definitely need communication between the shards. Solving that requires to make a set of communication rules the protocol needs to follow in order to process all transactions in a generalised fashion.
And this is where the downsides of state sharding comes in currently. All shards in Zilliqa have access to the complete state
. Yes the state size (0.1 GB at the moment) grows and all of the nodes need to store it but it also means that they don’t need to shop around for information available on other shards. Requiring more communication
and adding more complexity. Computer science knowledge and/or developer knowledge required links if you want to dig further: Scilla - language grammar Scilla - Foundations for Verifiable Decentralised Computations on a Blockchain Gas Accounting NUS x Zilliqa: Smart contract language workshop
Easier to follow links on programming Scilla https://learnscilla.com/home Ivan on Tech Roadmap / Zilliqa 2.0
There is no strict defined roadmap but here
are topics being worked on. And via the Zilliqa website
there is also more information on the projects they are working on. Business & Partnerships
It’s not only technology in which Zilliqa seems to be excelling as their ecosystem has been expanding and starting to grow rapidly
. The project is on a mission to provide OpenFinance (OpFi) to the world and Singapore is the right place to be
due to its progressive regulations and futuristic thinking. Singapore has taken a proactive approach towards cryptocurrencies by introducing the Payment Services Act 2019 (PS Act)
. Among other things, the PS Act will regulate intermediaries dealing with certain cryptocurrencies, with a particular focus on consumer protection and anti-money laundering. It will also provide a stable regulatory licensing and operating framework for cryptocurrency entities, effectively covering all crypto businesses and exchanges based in Singapore. According to PWC 82% of the surveyed executives
in Singapore reported blockchain initiatives underway and 13% of them have already brought the initiatives live to the market. There is also an increasing list of organizations
that are starting to provide digital payment services. Moreover, Singaporean blockchain developers Building Cities Beyond has recently created an innovation $15 million grant
to encourage development on its ecosystem. This all suggests that Singapore tries to position itself as (one of) the leading blockchain hubs in the world.
Zilliqa seems to already take advantage of this and recently helped launch Hg Exchange
on their platform, together with financial institutions PhillipCapital
. Hg Exchange, which is now approved by the Monetary Authority of Singapore (MAS), uses smart contracts to represent digital assets. Through Hg Exchange financial institutions worldwide can use Zilliqa's safe-by-design smart contracts
to enable the trading of private equities. For example, think of companies such as Grab, Airbnb, SpaceX that are not available for public trading right now. Hg Exchange will allow investors to buy shares of private companies & unicorns and capture their value before an IPO. Anquan, the main company behind Zilliqa, has also recently announced that they became a partner and shareholder
in TEN31 Bank, which is a fully regulated bank allowing for tokenization of assets and is aiming to bridge the gap between conventional banking and the blockchain world. If STOs, the tokenization of assets, and equity trading will continue to increase, then Zilliqa’s public blockchain would be the ideal candidate due to its strategic positioning, partnerships, regulatory compliance and the technology that is being built on top of it.
What is also very encouraging is their focus on banking the un(der)banked. They are launching a stablecoin basket starting with XSGD
. As many of you know, stablecoins are currently mostly used for trading. However, Zilliqa is actively trying to broaden the use case of stablecoins. I recommend everybody to read this text
that Amrit Kumar wrote (one of the co-founders). These stablecoins will be integrated in the traditional markets and bridge the gap between the crypto world and the traditional world. This could potentially revolutionize and legitimise the crypto space if retailers and companies will for example start to use stablecoins for payments or remittances, instead of it solely being used for trading.
Zilliqa also released their DeFi strategic roadmap
(dating November 2019) which seems to be aligning well with their OpFi strategy. A non-custodial DEX is coming to Zilliqa made by Switcheo
which allows cross-chain trading (atomic swaps) between ETH, EOS and ZIL based tokens. They also signed a Memorandum of Understanding for a (soon to be announced) USD stablecoin. And as Zilliqa is all about regulations and being compliant, I’m speculating on it to be a regulated USD stablecoin. Furthermore, XSGD is already created and visible on block explorer and XIDR (Indonesian Stablecoin) is also coming soon via StraitsX
. Here also an overview of the Tech Stack for Financial Applications
from September 2019. Further quoting Amrit Kumar on this:
There are two basic building blocks in DeFi/OpFi though: 1) stablecoins as you need a non-volatile currency to get access to this market and 2) a dex to be able to trade all these financial assets. The rest are built on top of these blocks.
So far, together with our partners and community, we have worked on developing these building blocks with XSGD as a stablecoin. We are working on bringing a USD-backed stablecoin as well. We will soon have a decentralised exchange developed by Switcheo. And with HGX going live, we are also venturing into the tokenization space. More to come in the future.”
Additionally, they also have this ZILHive initiative that injects capital into projects. There have been already 6 waves of various teams working on infrastructure, innovation and research, and they are not from ASEAN or Singapore only but global: see Grantees breakdown by country
. Over 60 project teams from over 20 countries have contributed to Zilliqa's ecosystem. This includes individuals and teams developing wallets, explorers, developer toolkits, smart contract testing frameworks, dapps, etc. As some of you may know, Unstoppable Domains (UD) blew up when they launched on Zilliqa. UD aims to replace cryptocurrency addresses with a human-readable name and allows for uncensorable websites. Zilliqa will probably be the only one able to handle all these transactions onchain due to ability to scale and its resulting low fees which is why the UD team launched this on Zilliqa in the first place. Furthermore, Zilliqa also has a strong emphasis on security, compliance, and privacy, which is why they partnered with companies like Elliptic
(part of PwC Switzerland), and Incognito
. Their sister company Aqilliz
(Zilliqa spelled backwards) focuses on revolutionizing the digital advertising space and is doing interesting things like using Zilliqa to track outdoor digital ads
with companies like Foodpanda.
Zilliqa is listed on nearly all major exchanges, having several different fiat-gateways and recently have been added to Binance’s margin trading
and futures trading
with really good volume
. They also have a very impressive team with good credentials and experience. They don't just have “tech people”. They have a mix of tech people, business people, marketeers, scientists, and more. Naturally, it's good to have a mix of people with different skill sets if you work in the crypto space. Marketing & Community
Zilliqa has a very strong community. If you just follow their Twitter their engagement is much higher for a coin that has approximately 80k followers. They also have been ‘coin of the day’
by LunarCrush many times. LunarCrush tracks real-time cryptocurrency value and social data. According to their data, it seems Zilliqa has a more fundamental and deeper understanding of marketing and community engagement than almost all other coins. While almost all coins have been a bit frozen in the last months, Zilliqa seems to be on its own bull run. It was somewhere in the 100s a few months ago and is currently ranked #46 on CoinGecko. Their official Telegram also has over 20k people and is very active, and their community channel which is over 7k now is more active and larger than many other official channels. Their local communities
also seem to be growing.
Moreover, their community started ‘Zillacracy’ together with the Zilliqa core team ( see www.zillacracy.com
). It’s a community-run initiative where people from all over the world are now helping with marketing and development on Zilliqa. Since its launch in February 2020 they have been doing a lot
and will also run their own non-custodial seed node for staking. This seed node will also allow them to start generating revenue for them to become a self sustaining entity that could potentially scale up to become a decentralized company working in parallel with the Zilliqa core team. Comparing it to all the other smart contract platforms (e.g. Cardano, EOS, Tezos etc.) they don't seem to have started a similar initiative (correct me if I’m wrong though). This suggests in my opinion that these other smart contract platforms do not fully understand how to utilize the ‘power of the community’. This is something you cannot ‘buy with money’ and gives many projects in the space a disadvantage.
Zilliqa also released two social products called SocialPay and Zeeves. SocialPay allows users to earn ZILs while tweeting with a specific hashtag. They have recently used it in partnership with the Singapore Red Cross for a marketing campaign
after their initial pilot
program. It seems like a very valuable social product with a good use case. I can see a lot of traditional companies entering the space through this product, which they seem to suggest will happen. Tokenizing hashtags with smart contracts to get network effect is a very smart and innovative idea.
Regarding Zeeves, this is a tipping bot for Telegram. They already have 1000s of signups and they plan to keep upgrading it for more and more people to use it (e.g. they recently have added a quiz features). They also use it during AMAs to reward people in real-time. It’s a very smart approach to grow their communities and get familiar with ZIL. I can see this becoming very big on Telegram. This tool suggests, again, that the Zilliqa team has a deeper understanding of what the crypto space and community needs and is good at finding the right innovative tools to grow and scale.
To be honest, I haven’t covered everything (i’m also reaching the character limited haha). So many updates happening lately that it's hard to keep up, such as the International Monetary Fund mentioning Zilliqa
in their report, custodial and non-custodial Staking
, Binance Margin
, entering the Indian market
, and more. The Head of Marketing Colin Miles has also released this
as an overview of what is coming next. And last but not least, Vitalik Buterin has been mentioning Zilliqa lately acknowledging Zilliqa
and mentioning that both projects have a lot of room to grow
. There is much more info of course and a good part of it has been served to you on a silver platter. I invite you to continue researching by yourself :-) And if you have any comments or questions please post here!
10/28 DAILY WATCHLIST
[P.S. Only enter positions you feel the most comfortable with. Your money is your soldier only send him into the battle you think you'll win. Some of these I have taken positions. Some I am looking to take positions. I've posted how many shares I own of what multiple times ]
⭐BIG weeks for earnings coming up +Election news! Be prepared for crazy volatility!⭐
[💎-Long time gold][⁉️-Could go both ways][🚀-I think this is gonna shoot up][🔥-This is gonna be a fire stock to make money off of just dont get dumped on][⚠️-Already ran a bit be careful][👀-Watching this one closely][⭐- Huge Catalyst or info]
PRIMARY FOCUSES: $MGM⭐ $LLNW $CLSK $CZR⭐⭐ $SPAQ⭐⭐
Notable Earnings I would like to watch are marked below with a ⭐
$VOCC - Fatty Dividend coming on the 29th. 5% yield which is MASSIVE!🔥🚀👀
$LLNW - Massively OVERSOLD from earnings. Approaching 52wk low. 4hr GRAVESTONE DOJI⚰. Huge gap back up to $6.40 to fill! Looks to have bottomed around $3.82👀🔥🚀💎
$HMHC - ⭐Earnings Oct 28th.👀🔥🚀
$UEC - Barcoding Uranium mine. Its only a matter of time until Algo's pick up on this and it runs heavily. Daily MACD🐻 4hDaily RSI oversold! 👀🔥🚀
$ADMP - ⭐FDA Nov 15th.FDA Likey Approved. MACD cant make up its mind. This is an easy swing into FDA week. Buy in around $0.74-$0.79 and sell for $0.83-.86 Support: $0.70/$0.74 Gap up to $0.86/ $1.02/$1.14 after that the world may never know🔥🚀👀💎
$SESN - ⭐New news should be coming anyday now.This didnt get the pump it deserves based on the news. Gonna try and play the PAYient game here. Support $1.01/$1.10 Resistances $1.38/ $1.44/$1.50🔥🚀👀💎
$PRTY - So OVERSOLD I saw it at the local Thriftshop. Imagine being a clown and thinking Halloween is canceled! This will get the Halloween pump and dump Bananza! Support $1.85 Resistance $2.62/$2.82🔥🚀👀
$SOLO - Quarterly MACD ⭐4hr GOLDEN CROSS⭐4hr MACD BREACHING🐮 Support: $2.44 Resistances: $2.64/$2.74/ $3.20/$3.34⭐US Manufacturing Location PR by November⭐🔥👀💎
$GRIL - I'm still long here. Just finished an offering like a month ago so money is fine as well. This will see $5 by next summer and $2.50 by EoY. You heard it here first! This is a steal! ⭐4hr GOLDEN CROSS coming⭐. Daily MACD 🐮 4hr MACD🐻 Support $1.40/$1.73 Resistance ??? [LONG]🔥🚀👀⚠️💎
$IDEX - Some PR dropping. I suspect earnings is gonna make this run up heavily [Nov 6th] ⭐Earning Nov 9th. Looking at $1/$2 Lotto calls for this. Could payout 50-300%
$RIOT/$MARA -⭐ ONLY if Bitcoin continues to run up.⭐
$CZR - The Diamond hand special. This is a come back KING! Anything under $50 is long term gold. Vegas as a whole took a harsh sell off today. This SHOULD and WILL gap back above $50. ⭐Earnings Nov 5th. 4h Daily RSI MASSIVELY OVERSOLD. Hasnt been this low since beginning of Sept. In 3-5years this will be $80-100👀🔥🚀💎
$VVPR - ⭐$8.50 Offering closed. 4hr RSI OVERSOLD! PT Updated to $40.4hr MACD turning 🐮Support $6.50 Should gap up to $9-$11 when the offering closes sometime in the next week.97% of Shareholders at a loss!💎🔥🚀👀
$JMIA - ⭐HUGE $BABA rumor coming with this ⭐4hdaily SUPER OVERBOUGHT. Huge cup and handle [were at the top of the cup expect pullback]Earnings Nov 12th⭐ Amazon of Europe and Africa! Support $10.20/$12.13/$16/ $17.45 Resistance ??? Huge gap to $18/$20/$22 to fill👀🔥🚀⚠️⚠️⚠️💎
$KIRK - Essentially WayfaiOverstock. Dec 3rd Earnings should be a blowout. MACD 🐻/🐮 Looks like a cup and handle. Handle should be almost finished. Support $9.70/$10.15. Resistance $11.95👀🔥🚀⚠️💎
$MGM -Earnings Oct 29th ⭐.⭐GOLDEN CROSS on 4hr⭐4hr RSI OVERSOLD! 4hDaily MACD🐻 VERY strong support $18.08/ $20.54. Resistance $23.50. I suspect this will be the last earning to have worry about. This should EASILY be $30-40 in the next 3-5years with the expanding to Japan + BETMGM👀🔥💎
$PLUG - Alt energy is a thing of the future. 4hr MACD 🐮 Daily MACD undecided. Support $14.33 Resistance $15.55 [LONG]🔥🚀👀💎
$CLSK- ⭐Acquisition Rumor ⭐ MASSIVELY OVERSOLD Support $7.50ish MACD turning 🐮 This should gap back to $10.91+ when the offering closes. ☠SABBY IS IN THIS STOCK☠👀🔥🚀
$SPAQ - [SPAC]4hDaily RSI is MASSIVELY OVERSOLD I saw it at the WELFARE OFFICE⭐ ⭐MERGER VOTE TODAY! If you own shares VOTE! ⭐ Resistances $14.70/$15/ $15.55/ $16.05. 99.98% of Shareholders at a LOSS currently! I cant see this falling much more quite frankly. Fisker is a PR machine.🔥🚀👀💎
$SAVE - 28th ??
$DIN - 28th PM [Straddles or Calls]
$SNE - 28th PM [Condors or Calls]
$BA - 28th PM [Calls]
$UPS - 28th PM [Straddles or Puts]
$GE - 28th PM [Calls]
$FVRR - 28th PM [Puts]
$NDLS - 28th AH [Calls]
$F - 28th AH [Calls]⭐
$PINS - 28th AH [Straddles]
$TDOC - 28th AH[Condors]⭐
$ETSY - 28th AH [Condors]
$GRUB - 28th AH [Puts]
$GILD - 28th AH [Calls]
$V - $28th AH [Calls]
$GPOR - 29th ??⭐
$SUNW - 29th ??⭐
$HJLI - 29th ??⭐
$SHOP - 29th PM [Straddles?]
$FLWS - 29th PM [Calls] ⭐
$RL - 29th PM [Straddles or Calls]⭐
$PENN - 29th PM [Calls]⭐
$OSTK - 29th PM [Straddles]
$SPOT - 29th PM [Straddles]
$BE - 29th AH [Straddle or Puts]
$WWE - 29th AH [Straddles or Puts]
$ATVI - 29th AH [Puts] ⭐
$TWTR - 29th AH [Puts] ⭐
$AAPL - 29th AH [Calls] ⭐
$AMZN - 29th AH [Calls]
$GOOG - 29th AH [Condors]
$GOOGL - 29th AH [Condors]
$FB - 29th AH [Straddles or Puts]
$SPAQ - 30th ??
$ABBV - 30th PM [Straddles or Calls]
$XOM - 30th PM [Puts]
$HON - 30th PM [Calls?]
$UA - 30th PM [Straddles]
$MGI - 30th PM [Condors]
$AGC - 2x silver. Aka silver -1% AGC -2%. This is a day or swing trade. Depreciates
$SLV - Long term silver hold
$JNUG - 2x Gold. Same as AGC but for gold
$NUGT/$GLD - Long term gold holds
🔮BET AGAINST THE MARKET🔮
$SPXS - 3X Inverse of SPY [The overall market] Spy +1% SPXS -3%. Spy -3% SPXS +9% [top 500 companies]🐻🐻
$SQQQ - Same as SPXS except top 100 companies🐻🐻
$VXX - Fear index/Volatility Index. This goes up with market feaunsurity. USUALLY inverses $SPY
⚖UPCOMING FDA INFO⚖
$SPPI - DELAYED
$KALA - Oct 30th
$MRK - Oct 30th
$SUPN - Nov 8th ⭐
$ADMP - Nov 15th⭐
$ALKS - Nov 15th
$MYL - Nov 16th
$EIGR - Nov 20th
$LQDA - Nov 24th
$BCRX - Dec 3rd
🙏 I would like to just thank all the supporters once again. Between your constant generosity and the overall communities kind words none of this would be possible. If you decide to donate please shoot me a PM so I can thank you! I dont care if its $1 or $1000 I'd still like to give you a thanks!🙏
⭐Venmo: $JDH3703 ⭐
Again! Thank you all for being apart of this great journey!
New England submitted by
New England 6 States Songs: https://www.reddit.com/newengland/comments/er8wxd/new_england_6_states_songs/ NewEnglandcoin
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 v188.8.131.52 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 v184.108.40.206 Released for MacOS Wallet Upgrade with Catalina
- Jul 30, 2020 - NENG v220.127.116.11 Released for Linux Wallet Upgrade with 8 Distros
- Aug 11, 2020 - NENG v18.104.22.168 Released for Android arm64 Upgrade, Chromebook Support
- Aug 30, 2020 - NENG v22.214.171.124 Released for Android/Chromebook with armhf, better hardware support
NENG v1.4.0 Android Mining, randomSpike Evaluation https://github.com/ShorelineCrypto/NewEnglandCoin/releases/download/NENG_2020_Q3_report/NENG_2020_Q3_report.pdf
- 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
- Light Mobile Wallet Project Beta Release
- Light Mobile Wallet Server Deployment Evaluation and Decision
- 2021 Q1 - NENG to the Moon?
RandomSpike - NENG core v1.3.0 Hardfork Upgrade Proposal https://github.com/ShorelineCrypto/NewEnglandCoin/releases/download/2020Q1_Report/Scrypt_RandomSpike_NENGv1.3.0_Hardfork_Proposal.pdf
- Major Success - v1.3.x Scrypt randomSpike Release
- randomSpike Overview, Observation, Conclusion
- Ubuntu 20.04 LTS Support on v1.4.0
- NENG core v1.4.0 Upgrade Proposal – Mobile Mining Start on Android Phones
- Table 1 – Mobile Mining Comparison of Electroneum (ETN) and NewEnglandcoin (NENG)
- Linux, Cloud, DockeQEMU virtualization Tech Advancement
- Userland for arm64 android – Easy to Setup or Use
- Alpha Release - GNUroot for 32 bits arm android
NENG Security, Decentralization & Valuation https://github.com/ShorelineCrypto/NewEnglandCoin/releases/download/2019Q2_report/NENG_Security_Decentralization_Value.pdf
- NENG Algorithm Change History
- NENG 1.2.x is subject to Timestamp Attack
- Explanation of Jan 29,2020 Timestamp Attack
- Why Scrypt RandomSpike is Proposed
- Technical Detail - How Scrypt RandomSpike Works
Whitepaper v1.0 https://github.com/ShorelineCrypto/NewEnglandCoin/releases/download/whitepaper_v1.0/NENG_WhitePaper.pdf
- No Hard Fork in 2019 Q2 or in Near Future
- NENG v1.2.x Hard Fork Evaluation
- Post Hard Fork: GPU vs ASIC, Solo vs Pool Mining
- NENG 51% Attack Cost - $10,000 USD
- Decentralization - Solo Mining Up, Mining Pool Down
- What if 51% Attackers Utilize GPU fleet?
- NENG Valuation is Dirt Cheap
- Announcement of NENG Fiat Project for all U.S. Residents
- Announcement for Mobile Miner Project Initiation
DISCORD https://discord.gg/UPeBwgs Explorer http://www.findblocks.com/exploreNENG http://126.96.36.199/exploreNENG http://nengexplorer.mooo.com:3001/
- NENG – CPU Minable, fun, easy full node set up at Home PC
- NENG – Security Against 51% Attack by Design
- Security - Dynamic Diff Short Term, Higher Network Hashrate Long Term
- Decentralization Phase 1- CPU Mining is Key Feature of NENG
- Why Block Time is Gaussian Shaped Random Event
- ASIC is Like Lion, CPU is Like Cheetah
- Decentralization Phase II – Security Against 51% Attack
- Why the Proposed Phase II Hardfork Upgrade will Prevent 51% Attacks?
- What if 51% Attacker re-engineer the software to attack NENG?
- Conclusion - Sound Money, Take Back Monetary Independence, Relive Crypto Dreams with Full Node
Step by step guide on how to setup an explorer: https://github.com/ShorelineCrypto/nengexplorer Github https://github.com/ShorelineCrypto/NewEnglandCoin Wallet
Android with UserLand App (arm64/armhf), Chromebook (x64/arm64/armhf): https://github.com/ShorelineCrypto/NewEnglandCoin/releases/tag/v188.8.131.52
Linux Wallet (Ubuntu/Linux Mint, Debian/MX Linux, Arch/Manjaro, Fedora, openSUSE): https://github.com/ShorelineCrypto/NewEnglandCoin/releases/tag/v184.108.40.206
MacOS Wallet (10.11 El Capitan or higher): https://github.com/ShorelineCrypto/NewEnglandCoin/releases/tag/v220.127.116.11
Android with GNUroot on 32 bits old Phones (alpha release) wallet: https://github.com/ShorelineCrypto/NewEnglandCoin/releases/tag/v1.4.0
Windows wallet: https://github.com/ShorelineCrypto/NewEnglandCoin/releases/tag/v18.104.22.168
addnode ip address for the wallet to sync faster, frequently updated conf file: https://github.com/ShorelineCrypto/cheetah_cpumineblob/mastenewenglandcoin.conf-example
How to Sync Full Node Desktop Wallet https://www.reddit.com/NewEnglandCoin/comments/er6f0q/how_to_sync_full_node_desktop_wallet/ TWITTER https://twitter.com/newenglandcoin REDDIT https://www.reddit.com/NewEnglandCoin/ Cheetah CPU Miner Software https://github.com/ShorelineCrypto/cheetah_cpuminer Solo Mining with GPU or ASIC https://bitcointalk.org/index.php?topic=5027091.msg52187727#msg52187727 How to Run Two Full Node in Same Desktop PC https://bitcointalk.org/index.php?topic=5027091.msg53581449#msg53581449 ASIC/GPU Mining Pools Warning to Big ASIC Miners
Due to DynDiff Algo on top of Scrypt, solo mining is recommended for ASIC/GPU miners. Further more, even for mining pools, small mining pool will generate better performance than big NENG mining pool because of new algo v1.2.x post hard fork.
The set up configuration of NENG for scrypt pool mining is same as a typical normal scrypt coin. In other word, DynDiff on Scrypt algo is backward compatible with Scrypt algo. Because ASIC/GPU miners rely on CPU miners for smooth blockchain movement, checkout bottom of "Latest News" section for A WARNING to All ASIC miners before you decide to dump big ASIC hash rate into NENG mining.
(1) Original DynDiff Warning: https://bitcointalk.org/index.php?topic=5027091.msg48324708#msg48324708
(2) New Warning on RandomSpike Spike difficulty (244k) introduced in RandomSpike served as roadblocks to instant mining and provide security against 51% attack risk. However, this spike difficulty like a roadblock that makes big ASIC mining less profitable. In case of spike block to be mined, the spike difficulty immediately serve as base difficulty, which will block GPU/ASIC miners effectively and leave CPU cheetah solo miners dominating mining almost 100% until next base difficulty reset.
Cminors' Pool http://newenglandcoin.cminors-pool.com/
SPOOL https://spools.online/ Exchange
Features: anonymous sign up and trading. No restriction or limit on deposit or withdraw.
The trading pairs available: NewEnglandcoin (NENG) / Dogecoin (DOGE)
Trading commission: A round trip trading will incur 0.10% trading fees in average. Fees are paid only on buyer side. buy fee: 0.2% / sell fee: 0% Deposit fees: free for all coins Withdraw fees: ZERO per withdraw. Mining fees are appointed by each coin blockchain. To cover the blockchain mining fees, there is minimum balance per coin per account: * Dogecoin 2 DOGE * NewEnglandcoin 1 NENG Latest News Aug 30, 2020 - NENG v22.214.171.124 Released for Android/Chromebook Upgrade with armhf, better hardware support https://bitcointalk.org/index.php?topic=5027091.msg55098029#msg55098029 Aug 11, 2020 - NENG v126.96.36.199 Released for Android arm64 Upgrade / Chromebook Support https://bitcointalk.org/index.php?topic=5027091.msg54977437#msg54977437 Jul 30, 2020 - NENG v188.8.131.52 Released for Linux Wallet Upgrade with 8 Distros https://bitcointalk.org/index.php?topic=5027091.msg54898540#msg54898540 Jul 21, 2020 - NENG v184.108.40.206 Released for MacOS Upgrade with Catalina https://bitcointalk.org/index.php?topic=5027091.msg54839522#msg54839522 Jul 19, 2020 - NENG v220.127.116.11 Released for MacOS Wallet Upgrade https://bitcointalk.org/index.php?topic=5027091.msg54830333#msg54830333 Jul 15, 2020 - NENG v1.4.0 Released for Android Mining, Ubuntu 20.04 support https://bitcointalk.org/index.php?topic=5027091.msg54803639#msg54803639 Jul 11, 2020 - NENG v1.4.0 Android Mining, randomSpike Evaluation https://bitcointalk.org/index.php?topic=5027091.msg54777222#msg54777222 Jun 27, 2020 - Pre-Announce: NENG v1.4.0 Proposal for Mobile Miner Upgrade, Android Mining Start in July 2020 https://bitcointalk.org/index.php?topic=5027091.msg54694233#msg54694233 Jun 19, 2020 - Best Practice for Futurebit Moonlander2 USB ASIC on solo mining mode https://bitcointalk.org/index.php?topic=5027091.msg54645726#msg54645726 Mar 15, 2020 - Scrypt RandomSpike - NENG v18.104.22.168 Released for better wallet syncing https://bitcointalk.org/index.php?topic=5027091.msg54030923#msg54030923 Feb 23, 2020 - Scrypt RandomSpike - NENG Core v1.3.0 Relased, Hardfork on Mar 1 https://bitcointalk.org/index.php?topic=5027091.msg53900926#msg53900926 Feb 1, 2020 - Scrypt RandomSpike Proposal Published- NENG 1.3.0 Hardfork https://bitcointalk.org/index.php?topic=5027091.msg53735458#msg53735458 Jan 15, 2020 - NewEnglandcoin Dev Team Expanded with New Kickoff https://bitcointalk.org/index.php?topic=5027091.msg53617358#msg53617358 Jan 12, 2020 - Explanation of Base Diff Reset and Effect of Supply https://www.reddit.com/NewEnglandCoin/comments/envmo1/explanation_of_base_diff_reset_and_effect_of/ Dec 19, 2019 - Shoreline_tradingbot version 1.0 is released https://bitcointalk.org/index.php?topic=5121953.msg53391184#msg53391184 Sept 1, 2019 - NewEnglandcoin (NENG) is Selected as Shoreline Tradingbot First Supported Coin https://bitcointalk.org/index.php?topic=5027091.msg52331201#msg52331201 Aug 15, 2019 - Mining Update on Effect of Base Difficulty Reset, GPU vs ASIC https://bitcointalk.org/index.php?topic=5027091.msg52169572#msg52169572 Jul 7, 2019 - CPU Mining on macOS Mojave is supported under latest Cheetah_Cpuminer Release https://bitcointalk.org/index.php?topic=5027091.msg51745839#msg51745839 Jun 1, 2019 - NENG Fiat project is stopped by Square, Inc https://bitcointalk.org/index.php?topic=5027091.msg51312291#msg51312291 Apr 21, 2019 - NENG Fiat Project is Launched by ShorelineCrypto https://bitcointalk.org/index.php?topic=5027091.msg50714764#msg50714764 Apr 7, 2019 - Announcement of Fiat Project for all U.S. Residents & Mobile Miner Project Initiation https://bitcointalk.org/index.php?topic=5027091.msg50506585#msg50506585 Apr 1, 2019 - Disclosure on Large Buying on NENG at ShorelineCrypto Exchange https://bitcointalk.org/index.php?topic=5027091.msg50417196#msg50417196 Mar 27, 2019 - Disclosure on Large Buying on NENG at ShorelineCrypto Exchange https://bitcointalk.org/index.php?topic=5027091.msg50332097#msg50332097 Mar 17, 2019 - Disclosure on Large Buying on NENG at ShorelineCrypto Exchange https://bitcointalk.org/index.php?topic=5027091.msg50208194#msg50208194 Feb 26, 2019 - Community Project - NewEnglandcoin Graphic Redesign Bounty Initiated https://bitcointalk.org/index.php?topic=5027091.msg49931305#msg49931305 Feb 22, 2019 - Dev Policy on Checkpoints on NewEnglandcoin https://bitcointalk.org/index.php?topic=5027091.msg49875242#msg49875242 Feb 20, 2019 - NewEnglandCoin v1.2.1 Released to Secure the Hard Kork https://bitcointalk.org/index.php?topic=5027091.msg49831059#msg49831059 Feb 11, 2019 - NewEnglandCoin v1.2.0 Released, Anti-51% Attack, Anti-instant Mining after Hard Fork https://bitcointalk.org/index.php?topic=5027091.msg49685389#msg49685389 Jan 13, 2019 - Cheetah_CpuMiner added support for CPU Mining on Mac https://bitcointalk.org/index.php?topic=5027091.msg49218760#msg49218760 Jan 12, 2019 - NENG Core v1.1.2 Released to support MacOS OSX Wallet https://bitcointalk.org/index.php?topic=5027091.msg49202088#msg49202088 Jan 2, 2019 - Cheetah_Cpuminer v1.1.0 is released for both Linux and Windows https://bitcointalk.org/index.php?topic=5027091.msg49004345#msg49004345 Dec 31, 2018 - Technical Whitepaper is Released https://bitcointalk.org/index.php?topic=5027091.msg48990334#msg48990334 Dec 28, 2018 - Cheetah_Cpuminer v1.0.0 is released for Linux https://bitcointalk.org/index.php?topic=5027091.msg48935135#msg48935135 Update on Dec 14, 2018 - NENG Blockchain Stuck Issue https://bitcointalk.org/index.php?topic=5027091.msg48668375#msg48668375 Nov 27, 2018 - Exclusive for PC CPU Miners - How to Steal a Block from ASIC Miners https://bitcointalk.org/index.php?topic=5027091.msg48258465#msg48258465 Nov 28, 2018 - How to CPU Mine a NENG block with window/linux PC https://bitcointalk.org/index.php?topic=5027091.msg48298311#msg48298311 Nov 29, 2018 - A Warning to ASIC Miners https://bitcointalk.org/index.php?topic=5027091.msg48324708#msg48324708
Disclosure: Dev Team Came from ShorelineCrypto, a US based Informatics Service Business offering Fee for service for Coin Creation, Coin Exchange Listing, Blockchain Consulting, etc.
How the SOLO Mining Pool Works. SOLO mining is a type of cryptocurrency mining while using your own (or leased) hardware but without any help from other miners. If you find a solution for a block — you get the coins if you don’t — you get nothing. “The winner takes it all” as the ABBA song says. You can mine SOLO on your own or via ... I'm solo mining AmericanCoin on a US$6/month VPS generating about 7 scrypt kilohashes per second, and just won block 55311 about an hour ago, after about 8 weeks of trying with the random-nonce scrypt-mining script linked to from my blog. so it can be done, if the difficulty is low enough. it might have worked just as well or better with the built-in linear-nonce mining code, but I figured ... Cloud mining. Mine Bitcoin in the cloud without buying any mining hardware. Simply choose the amount of computing power you want to mine with on our global datacenters and leave the rest to us. Calculate how much Bitcoin you could earn. Bitcoin Cash Daily Profit. $0.00 * 0.000 000 00. Bitcoin Daily Profit. $0.00 ** 0.000 000 00. Hashrate. Hashrate Unit. TH/s. Type. Hardware (zero fees) * Based ... So to solo mine any other Altcoin all you have to do is apply the same procedure. We’ll show you how to GPU solo mine but the same applies to CPU as well as ASICs. Also in this guide there are two methods involved 1. Solo mining using same computer where the wallet runs 2. Solo mining using mining rig where you don’t have your wallet setup. Bitcoin Mining verbraucht viel Strom. Bei hohen Stromkosten lohnt sich das Mining oftmals nicht. Um Bitcoin Mining zu betreiben, müssen Sie einem Miningpool beitreten, was zusätzliche Kosten verursacht. Für das Mining benötigen Sie entsprechende Hardware. Auch hier kommen Kosten auf Sie zu. Je nachdem, wie leistungsfähig Ihr Bitcoin Miner sein soll, zahlen Sie bis zu 2.000 Euro. Es ist ...
In this video I show you how to start mining Bitcoins with CGMiner and an account at your favorite miningpool. Get CGMiner at: https://bitcointalk.org/index.... mining expanse mining expanse solo mining ethereum mining eth mining etc mining zcash mining zcash bitcoin btc-~-~~-~~~-~~-~-Please watch: "How to start mining ANONymous (ANON) on pool with nVidia ... How to solo mining bitcoin with your Bitcoin wallet CPU mining on PC Run your wallet - Help - Debug Window - Console for start mining writte: setgenerate true -1 for controle mining: getmininginfo ... Learn how to use and setup a bitcoin miner to earn bitcoins , litecoins , dogeecoins etc. Download miner from https://easyminer.net/Downloads/ This video features a screen grab of CGMiner solo mining Bitcoin using a single GekkoScience 2PAC-2 Bitcoin USB Mining Stick -- Sold on Amazon: http://amzn.t...