smartBCH for DUMMIES #3 :::: Transfer BCH IN & OUT (Bridge)
Welcome everyone to **smartBCH for DUMMIES!** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-22-setting-up-a-wallet-android-bd1f88a4#welcome-everyone-to-smartbch-for-dummies
INDEX https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-22-setting-up-a-wallet-android-bd1f88a4#index
****#1 GETTING STARTED**** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-1-getting-started-a0cdb64b
****#2.1 SETTING UP A WALLET (PC)**** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-21-setting-up-a-wallet-pc-a99ae1ee
****#2.2 SETTING UP A WALLET (ANDROID)**** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-22-setting-up-a-wallet-android-bd1f88a4
**#3 TRANSFER BCH IN & OUT** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-3-transfer-bch-in-out-bridge-738ed2bb
Today I will show you how you can move your mainchain BCH into smartBCH sidechain and how we bring it back to BCH mainchain.
There are 3 different ways to bring BCH into smartBCH but for now only 1 way out. We will cover all today!
**Sending BCH to smartBCH using Coinflex** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-3-transfer-bch-in-out-bridge-738ed2bb#sending-bch-to-smartbch-using-coinflex
**Sending BCH to smartBCH using Wagon.Cash** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-3-transfer-bch-in-out-bridge-738ed2bb#sending-bch-to-smartbch-using-wagoncash
**Sending BCH to smartBCH using Prompt.Cash** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-3-transfer-bch-in-out-bridge-738ed2bb#sending-bch-to-smartbch-using-promptcash
**Sending smartBCH to BCH mainchain using Coinflex** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-3-transfer-bch-in-out-bridge-738ed2bb#sending-smartbch-to-bch-mainchain-using-coinflex
Sending BCH to smartBCH using Coinflex
Sending BCH to smartBCH using Wagon.Cash
ATTENTION! There is currently a promotion going on with Wagon.Cash. Everytime you send some BCH to smartBCH you will receive a $CATS airdrop at Checkbook.Cash. Look at my article to find out more about it! https://read.cash/@k1ll1van1ll1/new-checkbookcash-promotion-5a8301f7
Sending BCH to smartBCH using Prompt.Cash
Sending smartBCH to BCH mainchain using Coinflex
To move our smartBCH BCH back to the mainnet, we have to use Coinflex again. There is currently no other way out, but all of this will get much easier in the future.
**Please subscribe and like if you enjoy my content.**
**Leave a comment if you have any questions or suggestions**
**Helpful links:**
****Marketcap.cash**** **<<<< -- >>>> SmartBCH Charts**
****HelpMe.Cash**** **<<<< -- >>>> Everything related smartBCH in 1 place**
****Fountainhead.Cash**** **<<<< -- >>>> Graphical Charts about smartBCH**
****Smartscan.Cash**** **<<<< -- >>>> Blockchain explorer**
****Tuxpaper.nu**** **<<<< -- >>>> Token Transfer scanner** https://www.marketcap.cash/ https://helpme.cash/ https://smartbch.fountainhead.cash/grafana/d/GUnTOBGnz/smartbch?orgId=1&refresh=5s https://www.smartscan.cash/ http://smartbch.tuxpaper.nu/
****SmartBCH Homepage****
****SmartBCH Telegram****
****SmartBCH Twitter**** https://smartbch.org/ https://t.me/smartbch_community https://twitter.com/SmartBCH
A closer look into MoreScamStrategies
This is usually not the content I do neither the content I like, but I simply feel the despire need to do this. This is not about personal stuff (altough I could take it personal) or in any means relevant to my portfolio, but it is important for the BCH community as a whole. As he still don't understands he made a very big mistake and instead involve others to take the eyes of him, this article is overdue.
**I am well aware that this will bring me more problems and dislikes as likes, but I am all in for the truth, not the fame**.
**To myself. I believe in the universe, karma and doing good. This is what i teach and how I live.**
**Lets start of:**
I know this person for quite a long time. Not knowing personal - thank god - but his online identiy. The first time I saw him around was at early **Noise.Cash** days.
**Noise.Cash** used to be different. A lot. A very lot.
At early days we faced big issues with spammers, just posting "s back", "good morning", "t plz" and so on. **OGs will remember.**
To fight these people getting paid for spamming, the rules and tipping mechanics on **Noise.Cash** changed a lot. We were at a very good point where trustworthy users been able to rate other users.
At lot less spam happened and everything seemed to be fine, until a specific time. **Noise.Cash** changed the way tips are distributed once again and it happened that whoever shilled the shit out of **BCH** received the most tips. That was the time **@MoreShillStrategies** showed his real face.
He used to be a regular, yet very crypto uneducated user, still trying to do good. He shilled some shit and talked some shit now and then and I used to reply to him, letting him know what he is actually doing. He seeemed to be happy about that and claimed to change. **Spoiler alert: He did not.**
I could take it personal though since he more or less stole an article from me and published it with his own words, added some shilling and received a shitload of Tips in return. I personally knew at this point what kind of person he is and stepped away from him.
**This was also the time he revelead his real face, shilling the biggest shittalker the Bitcoin Cash community has ever seen.**
This was quite close before the market collapsed. Everyone having a bit of market knowledge knew that something is happening.
So what about maybe he made a mistake and I misjudge him? This is a very valid question, I can easily answer. **He kept shilling, never stopped, still does it till this day.**
So yes. Within days his beloved **Elon Musk** turned into **"F*** Elon"**.
**But these are all old stories, why do I come up with it now?**
As you may noticed there was a big (maybe the biggest) rug pull on the SmartBCH chain recently. Guess who have been involved? Exactly.
**-->** read more about the beachswap rug here. Thanks to **@m3i** for publishing. https://read.cash/@M3i/another-day-another-rug-pull-the-beachswap-hack-df9a0046
**Which role did he play?**
He offered the "admin" to take care of his Telegram group when he is not there.
**What did change since he shilled stuff on Noise.Cash?**
He is now involved with his own project, still shilling. There is a big difference between a regular user and someone having a business.
**But he could not know BeachSwap is a scammm!11!11**
Not 100 percent no, but at least 70 percent. And why? Lets see here
The **admin** (a guy who just started a new business (beachswap) was **active** for about **2 hours** a day, **calming to sleep** the other **22**. Makes super sense, nobody will open a business and spent his time and energy on it. This is way more than red flag enough for anybody with a clear mind.
**When a experienced dev came to the Telegram group asking serious security questions, he did not receive answers and was called a FUDDER**. At this time @**MoreScamStrategies** was **already involved as an admin** and **did nothing**.
After **presale** it took the Dev **roughly 5 hours to distribute the tokens** and start his DEX.
When the DEX finally started it was buggy, **showing delusional APRs,** not working correctly, as well as **TAKING A 5% FEE** for some farms.
It was so badly coded that with **MetaMask** you had to add **GAS fees manually** to use it at all. This also came up in the Telegram group with **him saying** **"For me everything is working fine"**. Unfortunately the Telegram group is gone already and I don't have screenshots.
I am not saying I blame anybody who invested in it. But hell yeah I blame someone having his own "little pussycats" token for this. You know better! Your community trusts you! Seeing you as a **Mod/Admin** in his Telegram will gain enough trust for your community to invest in it! **THERE ARE NO EXCUES WHATSOEVER! YOU SCREWED UP BIG TIME!** So stop crying over your looses and take responsibilty for the looses you helped creating.
**And before I forgot, do you know what he thinks about Meme-Coins yet doing his own? You just can't make that shit up.**
**UPDATE!**
As more and **more people** **doing** their **research** and understand what is going on, **@MoreShillStrategies** still **tries to defent** everything, yet **taking another community member in account**. You simply can't make this up, it is super hilarious.
**This is just the best example what happens to people if they get greedy.**
**Long story short**
Take care of yourselves and think twice about what you do. There are people around who would steal money of their own family while smiling.
**This will be my one and only post regarding this topic.** My intention is not to bully or damage the reputation of others. Everything described here can be looked after (If he does not delete stuff - like he did before btw). I also **don't want people reading this to start bully**. Just go away from this person as far as you can.
**Just one more tipp from me to everybody who wants to listen.**
If a project, a token or what so ever, is having so called "**community events**" that will reward you for writing a **GOOD** article about their project, step away from it as far as you can! I never did something like that and never will.
PS: Just have your eye on the other DEX he is dealing with....
**This is crypto.**
**This is decentralization.**
**This is freedom.**
**Getting rewarded for good reviews got nothing to do with Crypto.**
***** Mic drop *****
smartBCH for DUMMIES #2.2 :::: Setting up a wallet (Android)
Welcome everyone to **smartBCH for DUMMIES!**
INDEX
****#1 GETTING STARTED**** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-1-getting-started-a0cdb64b
****#2.1 SETTING UP A WALLET (PC)**** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-21-setting-up-a-wallet-pc-a99ae1ee
****#2.2 SETTING UP A WALLET (ANDROID)**** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-22-setting-up-a-wallet-android-bd1f88a4
****#3 TRANSFER BCH IN & OUT**** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-3-transfer-bch-in-out-bridge-738ed2bb
Today in #2.2 we will create our first SmartBCH wallet using Metamask on Android.
**Installing MetaMask App** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-22-setting-up-a-wallet-android-bd1f88a4#installing-metamask-app
**Creating a new wallet** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-22-setting-up-a-wallet-android-bd1f88a4#creating-a-new-wallet
**Connecting to SmartBCH network (manually)** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-22-setting-up-a-wallet-android-bd1f88a4#connecting-to-smartbch-network-manually
Installing MetaMask App
**Creating a new wallet**
Unfortunately I wasn't able to take screenshots due to security features. I will just tell you step by step
**Choose create new wallet**
**Agree on sending information or disagree and click "No Thanks"**
**IMPORTANT!**
**GET A PEN AND A PAPER! PEN AND PAPER!**
**Choose a strong password and type it in there. Also write your password down to a paper. We will also need your pen & paper for next step. Please listen carefully to me and use a pen & paper!!!**
It will show you your secret recovery seed phrase now. Be very careful and don't skip the next tasks!
**ATTENTION! VERY IMPORTANT!**
In the black-red highlighted field your **secret backup seed** will be shown.
**PLEASE WRITE THIS SEED DOWN WITH A PEN AND PAPER! WRITE SLOW AND NICE! DO NOT TAKE SCREENSHOTS, DO NOT TAKE PICTURES AND DO NOT PRINT THIS OUT!**
Having this seed and your password, you can always restore your wallet and all your funds. If anyone else gets access to your password and seed, he can do with it whatever he wants and everything can be lost!
Click the blue-box to move forward. In the next step you will be asked to write in your seed for confirmation. **Please do this and don't skip this task!**
**Connecting to SmartBCH network (manually)**
**Disclaimer here:**
Sometimes in other tutorials the "**Chain-ID**" will be shown as **0x2710**. **0x2710** is the **HEX ID** for **10 000**. So **both** will **work**, type in whatever you like.
There are more RPCs you can choose. If your network doesn't work well, you can just switch the RPC address and see if it gets better.
**RPCs:**
https://smartbch.greyh.at
https://smartbch.fountainhead.cash/mainnet
This is it, you now created your own private Wallet and connected to the SmartBCH chain. In the next part we will move some funds to SmartBCH!
**Please subscribe and like if you like my content.**
**Leave a comment if you have any questions or suggestions**
**Helpful links:**
**Marketcap.cash** **<<<< -- >>>> SmartBCH Charts**
**HelpMe.Cash** **<<<< -- >>>> Everything related smartBCH in 1 place**
**Fountainhead.Cash** **<<<< -- >>>> Graphical Charts about smartBCH**
**Smartscan.Cash** **<<<< -- >>>> Blockchain explorer**
**Tuxpaper.nu** **<<<< -- >>>> Token Transfer scanner** https://www.marketcap.cash/ https://helpme.cash/ https://smartbch.fountainhead.cash/grafana/d/GUnTOBGnz/smartbch?orgId=1&refresh=5s https://www.smartscan.cash/ http://smartbch.tuxpaper.nu/
**SmartBCH Homepage**
**SmartBCH Telegram**
**SmartBCH Twitter** https://smartbch.org/ https://t.me/smartbch_community https://twitter.com/SmartBCH
smartBCH for DUMMIES #2.1 :::: Setting up a wallet (PC)
Welcome everyone to **smartBCH for DUMMIES!**
INDEX
****#1 GETTING STARTED**** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-1-getting-started-a0cdb64b
****#2.1 SETTING UP A WALLET (PC)**** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-21-setting-up-a-wallet-pc-a99ae1ee
****#2.2 SETTING UP A WALLET (ANDROID)**** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-22-setting-up-a-wallet-android-bd1f88a4
****#3 TRANSFER BCH IN & OUT**** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-3-transfer-bch-in-out-bridge-738ed2bb
Today in #2.1 we will create our first SmartBCH wallet using Metamask on Google Chrome Desktop. A complete guide for Android mobile users will come tomorrow!
**Installing MetaMask Chrome-Plugin** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-21-setting-up-a-wallet-pc-a99ae1ee#installing-metamask-chrome-plugin
**Creating a new wallet** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-21-setting-up-a-wallet-pc-a99ae1ee#creating-a-new-wallet
**Connecting to SmartBCH network (automated)** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-21-setting-up-a-wallet-pc-a99ae1ee#connecting-to-smartbch-network-automated
**Connecting to SmartBCH network (manually)** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-21-setting-up-a-wallet-pc-a99ae1ee#connecting-to-smartbch-network-manually
Installing MetaMask Chrome-Plugin
Now we have MetaMask installed and a new Browser-tab should pop up.
**Creating a new wallet**
**IMPORTANT!**
**GET A PEN AND A PAPER! PEN AND PAPER!**
**Choose a strong password and type it in there. Also write your password down to a paper. We will also need your pen & paper for next step. Please listen carefully to me and use a pen & paper!!!**
**ATTENTION! VERY IMPORTANT!**
In the black-red highlighted field your **secret backup seed** will be shown.
**PLEASE WRITE THIS SEED DOWN WITH A PEN AND PAPER! WRITE SLOW AND NICE! DO NOT TAKE SCREENSHOTS, DO NOT TAKE PICTURES AND DO NOT PRINT THIS OUT!**
Having this seed and your password, you can always restore your wallet and all your funds. If anyone else gets access to your password and seed, he can do with it whatever he wants and everything can be lost!
Click the blue-box to move forward. In the next step you will be asked to write in your seed for confirmation. **Please do this and don't skip this task!**
**Connecting to SmartBCH network (automated)**
https://www.marketcap.cash/
Well, thats it! You now have your own MetaMask wallet, backed up your recovery phrase and switched to the smartBCH network! In the next part we will move some BCH to the smartBCH chain together. Next chapter will show what we need to do if the automated network plugin on Marketcap.cash should not work. https://www.marketcap.cash/
**Connecting to SmartBCH network (manually)**
**Disclaimer here:**
Sometimes in other tutorials the "**Chain-ID**" will be shown as **0x2710**. **0x2710** is the **HEX ID** for **10 000**. So **both** will **work**, type in whatever you like.
There are more RPCs you can choose. If your network doesn't work well, you can just switch the RPC address and see if it gets better.
**RPCs:**
https://smartbch.greyh.at
https://smartbch.fountainhead.cash/mainnet
Tipp: When in MetaMask, click the 3 dots and go to "Expand view". This will open your wallet in a tab and is way more convenient to use.
**Please subscribe and like if you like my content.**
**Leave a comment if you have any questions or suggestions**
**Helpful links:**
**Marketcap.cash** **<<<< -- >>>> SmartBCH Charts**
**HelpMe.Cash** **<<<< -- >>>> Everything related smartBCH in 1 place**
**Fountainhead.Cash** **<<<< -- >>>> Graphical Charts about smartBCH**
**Smartscan.Cash** **<<<< -- >>>> Blockchain explorer**
**Tuxpaper.nu** **<<<< -- >>>> Token Transfer scanner** https://www.marketcap.cash/ https://helpme.cash/ https://smartbch.fountainhead.cash/grafana/d/GUnTOBGnz/smartbch?orgId=1&refresh=5s https://www.smartscan.cash/ http://smartbch.tuxpaper.nu/
**SmartBCH Homepage**
**SmartBCH Telegram**
**SmartBCH Twitter** https://smartbch.org/ https://t.me/smartbch_community https://twitter.com/SmartBCH
#LAWPUNKS giveaway!
Take your chance and participate to win 1 rare #lawpunk currently worth at least 1BCH.
https://twitter.com/BlockngO/status/1452235999166275591
#LAWPUNK NFT rarity guide
https://blockng.money/?r=k1ll1van1ll1#/
**most rare to least rare, sorted by species**
**percentage of total supply (10 000)**
**4** **unique Specials** :::::::::::::::::::::::::::::::::::::::::: **0,4%**
**53 Vampires** ::::::::::::::::::::::::::::::::::::::::::::::::: **0,5%**
**55 Robots** ::::::::::::::::::::::::::::::::::::::::::::::::::::: **0,6%**
**65 Mummies** :::::::::::::::::::::::::::::::::::::::::::::::: **0,7%**
**108 Zombies** :::::::::::::::::::::::::::::::::::::::::::::::::: **1,1%**
**120 Demons** :::::::::::::::::::::::::::::::::::::::::::::::::: **1,2%**
**121 Skeletons** ::::::::::::::::::::::::::::::::::::::::::::::::: **1,2%**
**135 Orcs** :::::::::::::::::::::::::::::::::::::::::::::::::::::::: **1,4%**
**281 Apes** ::::::::::::::::::::::::::::::::::::::::::::::::::::::: **2,8%**
**439 Aliens** :::::::::::::::::::::::::::::::::::::::::::::::::::: **4,4%**
**8619 Humans** :::::::::::::::::::::::::::::::::::::::::::::: **86,2%**
https://blockng.money/?r=k1ll1van1ll1#/
**most rare to least rare, sorted by gender**
**percentage of total supply (10 000)**
**4 unique male Special** :::::::::::::::::::::::::::::::::::::::::::::::: **0,04%**
**22 female Robots** ::::::::::::::::::::::::::::::::::::::::::::::::::::::: **0,22%**
**24 male Vampires** :::::::::::::::::::::::::::::::::::::::::::::::::::::: **0,24%**
**25 female Mummies** ::::::::::::::::::::::::::::::::::::::::::::::::::: **0,25%**
**29 female Vampires** :::::::::::::::::::::::::::::::::::::::::::::::::::: **0,29%**
**33 male Robots** ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: **0,33%**
**40 male Mummies** :::::::::::::::::::::::::::::::::::::::::::::::::::::: **0,40%**
**49 male Demons** ::::::::::::::::::::::::::::::::::::::::::::::::::::::::: **0,49%**
**49 female Zombies** :::::::::::::::::::::::::::::::::::::::::::::::::::::: **0,49%**
**59 male Zombies** ::::::::::::::::::::::::::::::::::::::::::::::::::::::::: **0,59%**
**59 male Skeletons** ::::::::::::::::::::::::::::::::::::::::::::::::::::::: **0,59%**
**62 female Skeletons** :::::::::::::::::::::::::::::::::::::::::::::::::::: **0,62%**
**65 female Orcs** :::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: **0,65%**
**70 male Orcs** ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: **0,70%**
**71 female Demons** ::::::::::::::::::::::::::::::::::::::::::::::::::::::: **0,71%**
**138 male Apes** ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: **1,38%**
**143 female Apes** :::::::::::::::::::::::::::::::::::::::::::::::::::::::::: **1,43%**
**213 female Aliens** :::::::::::::::::::::::::::::::::::::::::::::::::::::::: **2,13%**
**226 male Aliens** :::::::::::::::::::::::::::::::::::::::::::::::::::::::::: **2,26%**
**4160 female Humans** ::::::::::::::::::::::::::::::::::::::::::::::::: **41,60%**
**4459 male Humans** ::::::::::::::::::::::::::::::::::::::::::::::::::: **44,59%**
https://blockng.money/?r=k1ll1van1ll1#/
**overview**
**Want to learn more about #Lawpunks?** **Read this**
**Want to learn more about SmartBCH?** **Read this** https://read.cash/@k1ll1van1ll1/faq-blockng-lawpunks-nft-law-token-farming-1089eba8 https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-1-getting-started-a0cdb64b
smartBCH for DUMMIES #1 :::: Getting Started
Welcome everyone to my new project **smartBCH for DUMMIES!**
INDEX
****#1 GETTING STARTED**** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-1-getting-started-a0cdb64b
****#2.1 SETTING UP A WALLET (PC)**** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-21-setting-up-a-wallet-pc-a99ae1ee
****#2.2 SETTING UP A WALLET (ANDROID)**** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-22-setting-up-a-wallet-android-bd1f88a4
****#3 TRANSFER BCH IN & OUT**** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-3-transfer-bch-in-out-bridge-738ed2bb
As I did my researches about **smartBCH** it became clear that there is still lots of confusion in our **Bitcoin Cash (BCH)** community what this is all about. I will publish **several guides** to address this issue and make sure **everybody will understand** and **be able to use smartBCH** without having any doubts or questions. At the end of this series we will **create our** **own Token** and **if you follow** this, you will **be able to create your very own Token**! Even if you are very new to Crypto
In this first part we cover following things and I will explain it as easy as possible.
**What is smartBCH?** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-1-getting-started-a0cdb64b#what-is-smartbch
**Why do we need smartBCH?** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-1-getting-started-a0cdb64b#why-do-we-need-smartbch
**What changes does it bring to BCH?** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-1-getting-started-a0cdb64b#what-changes-does-it-bring-to-bitcoin-cash
**Additional Notes** https://read.cash/@k1ll1van1ll1/smartbch-for-dummies-1-getting-started-a0cdb64b#additional-notes
What is smartBCH?
**smartBCH** is a **sidechain** to **Bitcoin Cash** (**BCH**), operating on **Layer 2** of the main **blockchain**. Due to its **Ethereum** (**ETH**) **EVM3 & WEB3** compatibility it opens doors for **DeFi**, **NFT** and many more while still having **any benefits** of the **Proof of Work** (**PoW**) **mainchain** mechanics. They help decreasing inflation with **burning** a part of all **fees**.
Did you read stuff like this before and still have no idea what is going on? Lets put it in other words.
**Mr. A** (**Bitcoin Cash, mainchain**) is a forester and he is searching for **Mr. C** (**EVM3 & WEB3, Smart contracs**) to take his wood and build some nice furniture out of it. Unfortunately **Mr. A** is only speaking **Spanish** and **Mr. C** only speaks **Russian**. They can't work together because they can't communicate... this is when **Mr. B** (**smartBCH, sidechain**) arrives. **Mr. B** speaks **Spanish as well as Russian** and is our **middle man** for everything.
Of course **Mr. B** can't do everything for free, this is why he get paid a little commision (**fee)** of **Mr. A** and **Mr. C**. Thankfully **Mr. B** is a very wealthy person and decided to always puts his **commision** in a **safe** and never touches it again. (**Token burn**)
As we keep it very simple in this #1 part, we get closer into Defi, NFT and smart contracts in general another time.
**Why do we need smartBCH?**
Since the release of **Satoshi Nakamotos** whitepaper and the birth of Cryptocurrencies many things changed . **Satoshi** was a mastermind and gave the possibilites to **grow with time** and **smartBCH** is our **time machine.**
Without **smartBCH** we are quite limited in usecases. **Bitcoin Cash** still works **perfect** as **Cash** and a **store of value**, but our ecosystem could not grow and adopt to modern worlds needs.
**Bitcoin Cash** is a **coffee shop**, but they **only serve water and coffee**. **No milk, no sugar, nothing.**
**smartBCH** is also a **coffee shop**, **they buy** their **water and coffee of Bitcoin Cash**. But **they also offer** to add **milk** and **sugar** to the coffee as well as a **slice of lemon** for your water.
What changes does it bring to Bitcoin Cash?
We already covered the **very basics** on a **technical** side, so just look at **the big whole**.
More and more people discover the **truth** that **Bitcoin Cash** actually should be called **Bitcoin**. **Satoshi** always **wanted** a **fast**, **low fee**, **peer to peer** (p2p) currency. **Unfortunately Bitcoin is none of that anymore**. It is **slow**, **expensive** and nobody wants to use a slow and expensive p2p currency. This is why there was a fork and **Bitcoin became Bitcoin Cash.**
**Bitcoin (BTC)**: slow, expensive, unflexible, **secure**.
**BitcoinCash (BCH)**: **fast**, **cheap**, unflexible, **secure**.
**BitcoinCash + smartBCH**: **fast**, **cheap**, **flexible**, **secure**.
Having that said, **BCH with smartBCH** **combines** the **benift** of currently most valued Cryptocurrencies **Bitcoin & Ethereum**.
With **smartBCH BitcoinCash** can explore more markets, gets a bigger audience and even more possibilities to make it the **P2P Cash our worlds needs and wants**! I am sure Satoshi is watching somewhere, proud of us and disappointed by the Bitcoin Maxis.
If you made it this far, I would like to **Thank you very much**! You mastered the first step in our smartBCH journey. In the **next part** we will **create** our own **smartBCH wallet** and **connect** to the **smartBCH mainnet**. (**Windows & Android**)
Additional notes:
At the **end of this series I will make a NFT giveaway** (on smartBCH of course). I don't want to create tasks to be eligable for this giveaway, but I would love to give it away to a group of people that started their smartBCH experience just right here with these guides.
**Please subscribe and like if you like my content.**
**Leave a comment if you have any questions or suggestions**
**Helpful links:**
**Marketcap.cash** **<<<< -- >>>> SmartBCH Charts**
**HelpMe.Cash** **<<<< -- >>>> Everything related smartBCH in 1 place**
**Fountainhead.Cash** **<<<< -- >>>> Graphical Charts about smartBCH**
**Smartscan.Cash** **<<<< -- >>>> Blockchain explorer**
**Tuxpaper.nu** **<<<< -- >>>> Token Transfer scanner** https://www.marketcap.cash/ https://helpme.cash/ https://smartbch.fountainhead.cash/grafana/d/GUnTOBGnz/smartbch?orgId=1&refresh=5s https://www.smartscan.cash/ http://smartbch.tuxpaper.nu/
**SmartBCH Homepage**
**SmartBCH Telegram**
**SmartBCH Twitter**
https://smartbch.org/ https://t.me/smartbch_community https://twitter.com/SmartBCH
New Checkbook.cash promotion!
As of today, there is a **new promotion** on **Checkbook.cash** ongoing!
For every BCH transfer to the **SmartBCH** chain using **wagon.cash** bridge you can receive an **$CATS** airdrop! https://wagon.cash/
As you can read **here** it is not limited. https://www.checkbook.cash/posts/get-checks-through-wagoncash-bridge/
If you already wanted to check out the awesome world of **SmartBCH**, now it is the best time to start!
**Read my previous article to find out how Checkbook.Cash works****!** https://read.cash/@k1ll1van1ll1/howto-redeem-cheques-on-checkbookcash-2d5f4738
To learn more about **wagon.cash** don't miss out **@Pantera** **article** about it! https://wagon.cash/ https://read.cash/@Pantera https://read.cash/@Pantera/transfer-your-bch-to-smartbch-easily-with-wagoncash-promptcash-936f88a7
**Have fun!**
Anybody interested in SmartBCH, check out @Pantera article!
Good read and lots of information!
https://read.cash/@Pantera/the-genesis-of-the-smartbch-nft-universe-7cef1a9c
BIG MISTswap Update (Tenthening, new Farms, Algorithm)
Today **smartBCH** **DEX** **https://app.mistswap.fi/** had their **Tenthening** featured with a big **update**!
https://app.mistswap.fi/de/swap
So what does **tenthening** mean?
The **MIST** emission used to be ***1000*** per **block**.
Now with the **tenthening** happen, Emission decreased to ***100*** per **block**.
This **prevents hyperinflation** on one side, drastically decreasing Farming rewards on the other side.
After all this was a very smart move of **Kasumi** (Head of **MISTswap**). There was no Pre-Sale at all for **MIST**, but everyone had the opportunity to farm lots of **MIST** with just adding liquidity.
**Smart move. Smart guy. Magnificent idea.** https://twitter.com/mistswapdex
Besides the **tenthening** lots of updates have been done to the **DEX**.
**MISTswap** is now the **first DEX** on **sBCH** with a mathematical weigthing **algorithm** for **farm** allocations. https://app.mistswap.fi/
Also **MISTswap** is the only **sBCH DEX** that pays fees to their token holders!
https://app.mistswap.fi/
On top of this, they have now **30 farms** waiting for you to bring you some juicy rewards! I am sure everyone will find a LP pair that fits his needs.
*Be prepared, in the next days I will release fully beginner guides about* ***SmartBCH*** *and* ***MISTswap*** *in general!*
Also there will be some fun token as a reward to my followers coming very soon.
****Links****:
***Homepage***: https://app.mistswap.fi/
***Twitter*****:** https://twitter.com/mistswapdex
***Telegram***: https://t.me/MistSwapOfficial
***Discord***: https://discord.com/invite/xFTnQEzu9T
***GitHub***: https://github.com/mistswapdex
NFT wallet on SmartBCH
We do now have a NFT wallet where we can find all our NFTs minted on SmartBCH in just 1 place!
Just go to https://ba.net/nft/wallet/ and connect it with your MetaMask wallet.
Now you can check all your different NFTs here! Isnt't that awesome?
[FAQ] BLOCKNG: #LAWPUNKS NFT, #LAW Token, #farming
https://blockng.money/?r=k1ll1van1ll1
Today I will introduce you to **blockng.money** and their whole Eco-System. https://blockng.money/?r=k1ll1van1ll1
**NFT minting (#lawpunks SOLD OUT)** https://read.cash/@k1ll1van1ll1/faq-blockng-lawpunks-nft-law-token-farming-1089eba8#get-started
**NFT marketplace** https://read.cash/@k1ll1van1ll1/faq-blockng-lawpunks-nft-law-token-farming-1089eba8#12-nft-marketplace
**NFT details** https://read.cash/@k1ll1van1ll1/faq-blockng-lawpunks-nft-law-token-farming-1089eba8#13-nft-details-selling
**BEAM BCH staking** https://read.cash/@k1ll1van1ll1/faq-blockng-lawpunks-nft-law-token-farming-1089eba8#21-beam-earn-law-staking-bch
**REBASE BCH/LAW farming** https://read.cash/@k1ll1van1ll1/faq-blockng-lawpunks-nft-law-token-farming-1089eba8#22-rebase-add-bchlaw-liquidity-and-gain-law
**Whitepaper** https://read.cash/@k1ll1van1ll1/faq-blockng-lawpunks-nft-law-token-farming-1089eba8#3-whitepaper
GET STARTED
Go to **blockng.money** and connect your **METAMASK** wallet. To do so, just click the button shown on following picture. https://blockng.money/?r=k1ll1van1ll1
Now you are ready to go and we can explore their page!
**1.1 NFT #LAWPUNK drop**
Go on and click the "**MINT**" button to check out their awesome **#LAWPUNK NFT** drop.
As you can see here **5111 #LAWPUNKS** out of **10.000** are still available.
You can mint **1 NFT** for **0.01 $BCH** or **1.000 $LAW.**
All your owned NFTs will be shown on this page as well, just scroll down.
**1.2 NFT marketplace**
To visit the **NFT marketplace** (where you can **sell** or **buy** already minted NFTs) just click the "**GALLERY**" button
Here you can explore every single **#LAWPUNK NFT** as well as check the current market. To see available NFTs go to
**MARKET** and select **ON SALE** and **SORT** to **Low to High**
Now you can see every NFT currently for sale and sort it as you want to . **$LAW** and/or **$BCH** and sort it **Low to High** or **High to low**.
Now we can see all kind of **#LAWPUNKS** for sale
To buy one, just click "**BUY**" and the NFT will be moved to your wallet.
**1.3 NFT details + selling**
If you want to get more details about a **NFT**, just go on and click "**DETAIL**".
As I also want to show you how you can sell your **NFT**, in this example we go back to "**MINT**" page and check our owned **NFTs**.
Now we click on "**DETAIL**" on one of our owned NFTs and something like this will be shown.
Here we can see how **rare** our **#LAWPUNK** is and we can also **sell** it!
**If you like to sell it, just put in the amount and set the currency.**
**For example here I would like to sell my NFT for 0.1 BCH.**
Now that we know everything about their NFTs, lets move over to the DEFI section.
**2.1 BEAM: Earn LAW staking BCH**
If we go to the "**BEAM"** page, we can stake our **BCH** to receive **LAW** as a **reward**.
The APY changes daily, so it is worth to have an eye on that! If you have some spare **$BCH** just laying around doing nothing, think about staking it to receive additional **$LAW** rewards!
**2.2 REBASE: Add BCH/LAW liquidity and gain LAW**
Another way to generate some passive income is by providing **BCH / LAW liquidity**! To do so, go to the "**REBASE**" page.
As you can see we currently have an **HUGE APY** of more than ****660%!****
If you want to add some liquidity, just go to **BENSWAP** and add some **BCH / LAW** liquidity there! After that, you can go back to **BLOCK.NG** and add your pair to the pool! https://blockng.money/?r=k1ll1van1ll1
**3. WHITEPAPER**
**Go and check out their whitepaper** **here** https://about.blockng.money/WHITEPAPER.pdf
**4. LINKS**
Rarity overview: https://read.cash/@k1ll1van1ll1/lawpunk-nft-rarity-guide-b141e258
Telegram: https://t.me/BlockNGGlobal
Twitter: https://twitter.com/BlockngO
Homepage: https://blockng.money/ https://blockng.money/?r=k1ll1van1ll1#/
**ALL #LAWPUNKS**
[HOWto] Redeem Cheques on Checkbook.cash
Here is a simple step by step tutorial for receiving checks on Checkbook.cash
**UPDATE1**:
Your account must be created before **Block 1,159,881** to be able to receive the current airdrop!
To get an idea which block height your account got, just tip in your wallet adress at https://www.smartscan.cash/
If you go all the way back to your first transaction, you will see a block height. In this example here, this account is **TO NEW** and **NOT ELIGABLE** to get the airdrop!
**UPDATE2:**
According to **SmartBCH (see commentary section)** it is not necessary to "accept memos" for this airdrop. **Metamask** should **automatically** connect your wallet with **Checkbook.cash** when you enter the page.
So if you are eligable, just connect your Wallet and follow this instruction at "**receive**"
**UPDATE3:**
This guide is made for people using a desktop PC. If you are on mobile and still struggle, check out this guide here!
https://read.cash/@Khing14/how-to-redeem-cheque-from-checkbookcash-using-metamask-browser-a7440dc8
Go to https://app.checkbook.cash/about
If you don't have METAMASK on your desktop or mobile, please install it now and add the SmartBCH network to it. To do so, check this link https://www.publish0x.com/caris-crypto-experiences/how-to-setup-smartbch-network-on-metamask-and-smartbch-coinf-xrnpkej
Now that we have METAMASK installed and we are in the SmartBCH network, we can go on!
Now Checkbook finds our Wallet adress and we are ready to **CLICK** the "**ALLOW**" button!
Now a METAMASK pop up will show asking us to give permission. We will click "**Provide**"
Again, we have to click the blue button giving Checkbook the permission to communicate with our wallet, for a very small fee!
Now we are fully connected!
**-->** Now we go to "**RECEIVE**" on the top
Click on **"LIST CHECKS SENT TO ME"** and the airdrops will be shown! As I already CLAIMED those, I can not claim them again. For you there should be some option to claim them!
**Hope this helps and have fun with your airdrops!**
alienfarm smartBCH NFT drop
10mins ago minting of NFT aliens started.
You can mint 1 NFT for 0.0069BCH for the first 1000 pieces, after that price will increase.
Get your alien **here** https://alienfarm.org/nft/automint.html
Edit:
Since someone in the comments wasn't able to connect their wallet, attached a picture of proof it works and I even bought some NFTs.
I used Google Chrome with Metamask. Hope this helps
BCHPAD Presale started (Defi Launchpad on smartBCH) today!
The Presale of all new BCHPAD just started today. They aim to be the best Defi Launchpad on the smartBCH ecosystem.
You can get into the sale with as little as 0.1BCH (WBCH).
I did no research on this project at all and advise you to do your own research, just wanted to share it!
Link to presale: https://app.bchpad.cash/
Link to Mainpage: https://www.bchpad.cash/
Link to Twitter: https://twitter.com/bchpad
Link to Telegram: https://t.me/bchpad
first NFT drop on smartBCH
**Don't miss out on the first ever NFT drop on the smartBCH sidechain!** https://blockng.money/?r=k1ll1van1ll1
BlockNG is currently minting 10 000 unique #LAWPUNKS and we still have 5500 #LAWPUNKS available! https://blockng.money/?r=k1ll1van1ll1
You can mint 1 NFT for only 0.01BCH!
So happy I found this early. Spread the word and tell the world that **NFTs** on **BITCOIN CASH** are **HERE**!
**https://blockng.money/** https://blockng.money/?r=k1ll1van1ll1
Click **here** if you are new to smartBCH and get an easy way to join smartBCH using Metamask. https://build.cash/smartbchstart/
Crypto Revolution? First token on CARDANO (ADA) explained
So in 2 days, May 18th, the pre-sale for **REVUTO** - the first ever project on the **CARDANO** blockchain - starts!
So, what is **REVUTO** and what are they doing? Today we will have closer look at that!
**But before that, don't miss to claim your 10 FREE Revuto tokens! To do so, simply go on and** ****sign up to it******!** https://revuto.com/invite/steffe56ba
To start simple, what is Revuto and what are they going to do?
**While stealing money from its users with the free-trial traps, hidden and over-complicated unsubscribe procedures, the subscription economy is growing 100% YoY. Revuto's goal is to save people’s money by allowing them to take control over what, when, and how they pay for their subscriptions.**
**By leveraging Cardano native tokens and DeFi to pay for the subscriptions, Revuto's ecosystem is designed to save people's money regardless of the crypto market conditions.**
So there will be an APP, where you can manage all kind of your subscriptions, so you will never miss to cancle a subscription you don't want anymore! I don't know about you, but this happened to me a thousand times already.
**Lets take a look at their Roadmap and highlight the most important things**
**Q1 - Q3 2021**
Mobile APP
Own Crypto to Fiat licence
ADA/REVU Swap
**Q4 2021**
Listing on DEX and CEX exchanges
**CREATING AN EURO STABLECOIN (!!!!)**
Etheruem converter for swapping tokens
Cardano converter for swapping tokens
DeFI staking + lending
**Q1 - Q2 2022**
Loans for subscriptions
Buy directly in app with FIAT
App supports other ADA tokens
**Q3- Q4 2022**
OWN Revuto Debit Card with DeFi services
If all of this didn't show you how great this project is you should check out their Whitepaper. It is very informal and easy to understand and you all know **DYOR**! For me this is an absolute no-brainer and I will also invest into it myself! https://crypto.revuto.com/Revuto_Whitepaper_v1.6.pdf
***TLDR: Get your 10 FREE Revuto Tokens and get white lised for their Token sale on Tuesday, all you need to do is*** ***sign up at their homepage******!*** https://revuto.com/invite/steffe56ba
Weekly CHIA Update #6
Ok, today we're going to talk a little bit about how the CHIA community has changed and what happened this week.
**1.** Pools shift. What can I say? Best of all, nothing. Last week I noticed that pools are CLEARLY too late and should have been implemented from the start, but it is what it is. Definitely borderline that a fixed date was first mentioned and this has now been postponed to "end of May", but we cannot change it. The couple of days no longer make the buck fat either.
**2.** Several weeks ago I pointed out the things that were going wrong with Chia. Nobody really cared and if they did, it was downplayed. Now I notice, even though I only look very sporadically on Reddit, that the sound is getting a bit rougher. What did you expect? Nothing has changed, if at all for the better! Classic case from DYOR!
**3.** Increasingly, one reads articles like “It's too late to plot, don't invest any money!” Or “Invest all your money in plotting PCs!”. What now? And is that a new problem?
Definitely no! Even when I started I was faced with this decision.
**- Should I just use my existing hardware and be good? (approx 3TB free Space)**
**- Should I upgrade my PC a bit (faster plotting) and just buy hard drives as needed?**
**- Should I go ALL-IN and build myself a real plotting server?**
I decided on variant 2. In retrospect, of course, that was a VERY bad decision. With almost $ 1000 I could easily have doubled my plots per day and 12TB hard drives were also cheap at this time. Still, I decided against taking the risk. If I had known where it was going, I would have acted differently. I didn't know, however.
At this point in time, I don't think it's worth plotting at all before pools are available. But if Chia is worth $ 25,000 a year from now, I would see it differently again.
Do you notice what I am saying? It is an eternal cycle! You will make right decisions and make mistakes all your life. That will never change.
Perhaps my thoughts will help you to find the right answer FOR YOU. Because there is no right answer for everyone.
**My personal opinion** TODAY is, you better buy XCH instead of putting the money into a plotter. But that's just my own Humble opinion and it could change tomorrow.
Before we start of into our Chia week I would like to show you one more thing! The first ever project on the **Cardano (ADA)** blockchain gets released soon and they currently give away 10 Tokens to everyone who signs up! **Check my last article** for more information or simply go on and **sign up to it**! https://read.cash/@k1ll1van1ll1/revuto-cardano-airdrop-10-tokens-for-free-d69a7af2 https://revuto.com/invite/steffe56ba
**FULL NODE COUNT**
not available
**TOP FARMER**
**11.5.21 = 49.673 blocks = 99.346 = 18,8 %**
**16.5.21 = 58.679 blocks = 117.358 XCH / 578.624 XCH Total = 20,3 %**
So Hpool gained roughly 1.5% in the last 5 days, which I would consider OK. Doesn't change the fact that they own still way to much of the total Netspace as well as Supply!
**HPOOL.COM GROWTH**
**11.5.21 = 1353,89PB / 3385.84PB Total = 39,97% total Netspace**
**16.5.21 = 2219,74 PB / 5544.94PB Total = 40,02% total Netspace**
Unfortunatelly we weren't able to keep up the downward trend from last report and Hpool managed to gain a little bit of Netspace. I still hope with Pools available we will see Hpool fall down to 10%, which still is a lot and, to be honest, too much. But I still have faith we can get rid of Hpool one day.
*PS: What I do here is, I believe the values Hpool shows on their Homepage. Still could be faked by Hpool though!*
**NETWORK DECENTRALISATION**
Just looks fine, nothing bad to see here!
**NETSPACE**
**11.5.21 = up to 3386PB = + 112%**
**16.5.21 = up to 5545PB = + 64%**
So within only 5 days (my last report came pretty late) we gained about 64% of total Netspace. Considering that we are at freakin 5545PB already, this is HUGE!
**UNIQUE ADRESS COUNT**
**this chart is discontinued!**
**CHIA (XCH) PRICE NEW**
**11.5.21 bottom 567$ - top 1607$**
**16.5.21 bottom 955$ - top 1646$**
Well it is much more stable than it was last week, but we still need some time to get a straight curve here!
**As always big shoutout to** ****www.chiaexplorer.com**** **for giving us all those nice data to talk about!** http://www.chiaexplorer.com/
**Have a good time and see you next week!**
Also we have 2 new CHIA Faucets where you can get some XCH for free, to start pooling!
Go and check out my article about that! https://read.cash/@k1ll1van1ll1/free-chia-xch-faucets-838e2e94
**PS**: If there are any Stats you would like to see I don't track yet or you think there is anything I could do better, please let me know in the commencts
FREE CHIA! (XCH) Faucets
Recently there have been 2 new (and confirmed!) CHIA Faucets online. With pooling getting active on May 17th you will need a small amount of XCH to create smart contracts, so you can entry Pools...
**... and this is why you can get some XCH completly for free!! ..**
Just go to https://faucet.chia.net/ put in your wallet adress and get some treats!
Same works for https://chia.togatech.org/ , don't miss it!
To receive your CHIA wallet adress, just install the Windows GUI and copy your wallet adress out of it. Super simple, super easy! Don't miss that. https://github.com/Chia-Network/chia-blockchain/wiki/INSTALL
****Please always remember, don't tell anyone your Seedphrase!****
*And don't forget I would like to show you one more thing! The first ever project on the* ***Cardano (ADA)*** *blockchain gets released soon and they currently give away 10 Tokens to everyone who signs up!* ***Check my last article*** *for more information or simply go on and* ***sign up to it****!* https://read.cash/@k1ll1van1ll1/revuto-cardano-airdrop-10-tokens-for-free-d69a7af2 https://revuto.com/invite/steffe56ba
Weekly CHIA Update #5
**Allright.. what a week!**
So this week transactions with CHIA went online and for me it was a big success! I can't believe **1 XCH** is still worth about **1000$,** I thought we will be in a 20$ region!
I remember getting some downvotes and bad words when I posted this here
**And it happened exactly what I said.** When transactions went online Chia was traded for about **1500$** and soon dropped down to 3 digits, after there have been some bigger sales. This doesn't bother me at all, because I knew this was going to happen.
So there was a big Zoom Meeting when transactions went live and for the first time I decided to watch it. There are 2 major points for me I would like to sort out.
**1.** Bram Cohen said that you are a **smaller farmer** if you have at least **1 / 10 000** of the Netspace, which with current Netspace would be about 340TB. This is quite a lot for a small farmer. Now you have to understand, Bram is a technological genius (At least he was, but I am pretty sure he still is) but his social skills are... not the best. So don't get to picky with this, this is Bram!
**2.** Pooling will be available at May 17th! Now something that makes me sad.
If you want to use Pools, you need to replot! So we have basically 3 kind of people within Chia.
**Whales** - they don't care about pooling because they have enough netspace. **Fish** - everything lets say between 10TB and 100TB, we need pools, but replotting will take a very long time AND is not economy friendly at all! We need lots of CPU power and we wear off our SSD. **Shrimps** - they only use their free HDD space and don't mind to do new plots for pooling.
So again, this shows us that it was a very bad idea to start the Mainnet without pooling, but it is what it is.
Also I had some big issues with the Windows GUI again, couldn't get my Node connected for hours! But just yesterday a new Fix came out, Chia 1.1.5, and it really looks like they finally fixed the awful Node connections! For me the GUI is still in an early BETA stage and I think you should communicate this, but its good to see they finally start fixing it!
Before we start of into our Chia week I would like to show you one more thing! The first ever project on the **Cardano (ADA)** blockchain gets released soon and they currently give away 10 Tokens to everyone who signs up! Check my last article for more information or simply go on and sign up to it! https://read.cash/@k1ll1van1ll1/revuto-cardano-airdrop-10-tokens-for-free-d69a7af2 https://revuto.com/invite/steffe56ba
**FULL NODE COUNT**
Data currently not available!
**TOP FARMER**
**2.5.21 = 35164 blocks = 70.328 = 16 %**
**11.5.21 = 49673 blocks = 99.346 = 18,8 %**
So Hpool gained about 2,8% this week, which is still quite a lot but overall growth ain't as bad as it used to be.
**HPOOL.COM GROWTH**
**2.5.21 = 674.02PB / 1583.68PB Total =** ***42% total Netspace***
**11.5.21 = 1353,89PB / 3385.84PB Ttal = 39,97% total Netspace**
FINALLY! Downward trend with Hpool. Yes it is only about 2% but this is the first time in a while that Hpool lost overall Netspace! **WIN WIN WIN!**
*PS: What I do here is, I believe the values Hpool shows on their Homepage. Still could be faked by Hpool though!*
**NETWORK DECENTRALISATION**
Not much to say here, still lots of room for improvement but ain't looking to bad!
**NETSPACE**
**2.5.21 = up to 1594PB = + 64%**
**11.5.21 = up to 3386PB = + 112%**
Netspace growth is still super crazy! More than doubled in 1 week.
**UNIQUE ADRESS COUNT**
**2.5.21 = 13960 unique / 219.900 blocks**
**11.5.21 = 88822 unique / 263.805 blocks**
Still wasn't able to figure out how to properly calculate this, so I just leave this numbers here. If anyone can help me with that, please hit me up!
**CHIA (XCH) PRICE NEW**
So pricing for 1 XCH went from up to **1607$** to **567€**! Lets hope this curve flattens down next week.
**As always big shoutout to** **www.chiaexplorer.com** **for giving us all those nice data to talk about!** http://www.chiaexplorer.com
**Have a good time and see you next week!**
**PS: If you missed out on CHIA and don't want to miss the next BIG project, go check out REVUTO! First ever Project on the Cardano (ADA) blockchain, realising soon!** *****Get 10 Tokens for FREE if you sign up here!***** ******* https://revuto.com/invite/steffe56ba
*****The goal of their project is to create a APP where you can manage all your subscriptions! No more automatic renewal because you forget about it, everything managed in 1 single application! Of course this is no trap! Just get your 10 free token without falling for any subscription or other scam!**
Revuto (CARDANO) Airdrop, 10 Tokens for free!
If you missed my call on **Chia** a couple weeks ago (1XCH = 1000$), you don't want to miss my call an Revuto! https://revuto.com/invite/steffe56ba
Revuto is the **first ever project on the Cardano (ADA) blockchain** of all time! Their goal is to create an APP where you have full control over all your subscriptions. Every time one of your subscriptions end you will get notified and can decide on your own if you want to keep it or not.
On top of that, Revuto is currently creating a brand new **EURO stablecoin**! Their Roadmap is packed with good stuff and I am pretty sure this project will get huge!
***If you register now with my link, you will get 10 Token complete for free AND you get whitelisted for the first ever token sale on 18.5.2021.*** https://revuto.com/invite/steffe56ba
***You really don't want to miss that, at least get your*** ***10 free Token!*** https://revuto.com/invite/steffe56ba
It's ALLcoin Season
Today - by my standards - I did something pretty crazy. I base this on the following thesis:
In contrast to all phases that we have experienced in the crypto market so far, we are now in a new phase. The **ALLCOIN** phase!
*Altcoins will pump endlessly and our King Bitcoin is completely unimpressed and pumping happily with it. Later this year we will see a market cap of 2-3 trillion for Bitcoin and all the Altcoins that are already pumping, pumping even more!*
As I said, I just take this thesis as a basis. I don't know if I really believe in it myself.
So what did I do now? I bought altcoins. Since I was able to assess the market correctly for once and invested money in Safemoon very early on and then converted a large part of it into CAKE just below the ATH, I earned some play money and invested some of it today.
All of these coins were available on **UNISWAP** and are located in the **Ethereum** network. This was also my first point of reference to Ethereum. As an exception, I will document everything exactly today, including all sums. There will definitely be a follow-up to this article, but I don't know whether it will appear in a week or a month.
**Then let's start with the fees HELL!**
I bought **1000 Tether (USDT)** at Crypto.com because I was there at the moment. I then transferred this to another wallet to use it to make my purchases at UNISWAP.
**$ 20** fee for this transfer, that would add up to **$ 980.**
Smart contract approved with UNISWAP, **$ 6.95** aka **0.0022 ETH**. Of course I didn't think of that and don't own Ethereum. The thought was already firmly anchored in my head, and I had already paid $ 20 in fees, so there was no turning back.
With wise foresight, I bought ETH for **$ 150**, plus fees of **$ 9.16**, i.e. **$ 159.16** for **0.04765 ETH.**
1st position: SENTIVATE (SNTVT)
1**0,069.21** pieces for **220** USDT with fees of **$ 22.94** aka 0.0072 ETH. **CRAZY**!
2nd position: Revolution Pupuli (RVP)
**2,253.05** pieces for **200** USDT with fees of **$ 23.22** aka 0.0073 ETH. **CRAZY**!
3rd position: Terra Virtua Kolect (TVK)
**314.47** pieces for **200** USDT with fees of **$ 22.75** aka 0.0071 ETH. **CRAZY**!
4th position: JIGSTACK (STAK)
**3,270.98** pieces for **360** USDT with fees of **$ 20.97** aka 0.0066 ETH. **WTF**!
**Somebody should tell me again Ethereum would be so great, what the hell are those fees? This is absolute Bitcoin level.**
Had I been so aware of this beforehand, I would probably not have started this action, but ... yesterday's news.
I will not go into more detail about the coins. In any case, these are not complete scam shitcoins (have I heard *Safemoon*?), But these still have to be proven and what I have done here is more than highly speculative and not recommended for imitation.
The future will tell whether that was one of my better or worse ideas. Anyway, I'll keep you posted!
Weekly CHIA Update #4
Allright, allright. Tomorrow transactions within the Chia blockchain will be activated and I guess we are all very excited. Besides the curiousity on which Exchanges Chia will be listed and tradable, my main question still is
Will the prefarm be used to supply Exchanges?
For my understanding, the prefarm will not be used for any supply so every XCH available tomorrow will be because a farmer decides to sell it. If I am correct, I am pretty sure the Chia devs reached out to some of the top farmers and asked them if they are willing to provide some of their XCH. This is definitly the thing I am most excited to find out about. I think it would be a good thing for any of us if the prefarm keeps locked.
So that beeing said, lets take a look at the previous week and start with my most appreciated Chia community member, Hadamcik. He is always critical with my reports, but still he is fair and always gives me a scource if we don't agree on something. I always post a Link to this on the Chia Reddit and usually I get downvoted a lot, because (at least this is what I think) the Chia community can't handle sceptical views. I am neither bullish or bearish, just realistic and don't fall for any hypes or something. So he told me this:
I have no doubt he isn't telling the truth, so I just believe everything he says. I can't confirm or deny what he says about Hpool, I just don't know it. So we keep this information in our mind. I am pretty sure Hpool will be no big thing anymore when Pools are supporte by Chia itself, but till we reach this point, Hpool will remain a bad thing for me and I still think the Chia devs could have handled this better before, but it is what it is.
As I already mentioned in my last article, Full Nodes looked sketchy to me and I didn't really believe the stats about it. As it is broken again now, we will just call it a unreliable source. I don't mean this any bad, Chiaexplorer is doing the best they can to give us stats, but I think they should sort this issues out before they show a Full Node count again.
Talking about unreliable scources, I need to mention Chiadecentrals Twitter account. As most of you know I am not a big fan of them, but I really think they should lay low a bit. They already had a tweet showing a totally outdated and wrong Bitcoin Node count claiming that Chia already outplayed the Bitcoin nodes. Couple days ago they tweeted again, now with a realiable Bitcoin Node count, but as we know the Chia Node count isn't reliable this is nothing else than propaganda and nobody needs that. 👎
Chia is a great project with lots of potential, we don't need stuff like this!
Kind of the same thing happened to Chiaexplorer, which is kind of sad because I have nothing but love for these guys. I really appreciate their effort to bring us a place where we can check every stats going on with Chia, but I think this is what you call a "owner".
As we just look today, Hpool still keeps gaining Netspace, beeing very close to 31% based on that calculation.
So this should be it with the last week and we can move on to some stats. But there is one more thing I have to say.
People have been reporting that HDDs are getting sold out and more expensive in some countrys. I could not confirm this for Germany at all. But now I can confirm, HDDs are getting a little bit more expensive. A WD 12TB external HDD was always between 180€ and 220€ on Amazon. Somedays it was cheaper, the other day a bit more expensive. But trend shows that price increased to about 240€ now through the last couple of days. So yes, I would confirm that pricing increased in Germany.
**FULL NODE COUNT**
As said before, this counter is broken. So I will just leave it here for future references.
**TOP FARMER**
**27.4.21 = 27109 blocks = 54.218 =** ***14 %***
**2.5.21 = 35164 blocks = 70.328 = 16 %**
So our friends from Hpool gained 2% this week and do now own a total of 16% of all Chia farmed, not including prefarm. Last week it increased by 4%, this week only by 2%. It see this as a win!
**HPOOL.COM GROWTH**
**27.4.21 = 322.04PB / 891.25PB Total =** ***36.1% total Netspace***
**2.5.21 = 674.02PB / 1583.68PB Total =** ***42% total Netspace***
This is not good at all! 42% is way way to much Netspace for one single company. This really is a nightmare.
PS: What I do here is, I believe the values Hpool shows on their Homepage. You could now go on and say, but Chiaexplorer only gives them a Netspace of ~31%, calculated by the earned XCH their pool gets. Well yes, this is correct, but how can we know they don't have more than 1 pool? We can't. So I just stick with the values given by them. Still could be faked by Hpool though!
**NETWORK DECENTRALISATION**
Looks good!
**NETSPACE**
**27.4.21 = up to 972PB = + 149%**
**2.5.21 = up to 1594PB = + 64%**
Slowed down a little bit compared to the week before, but still insanse how fast it grows!
**UNIQUE ADRESS COUNT**
**27.4.21 = 9723 unique / 193.645 blocks**
**2.5.21 = 13960 unique / 219.900 blocks**
Still wasn't able to figure out how to properly calculate this, so I just leave this numbers here.
***See you all next week and good luck trading!***
Weekly CHIA Update #3
We had a crazy week with Chia. There haven been 2 IOUs for XCH (basically future trading) and the prices couldn't differ more. On Hotbit it was traded for about 1000$ and at EXX it is still trading for about 9000$ (https://www.exx.com/tradeCoding/xch_usdt). For me 1k as well as 9k is more than unrealistic and I don't know what I should think about it at all. In about 1 week transactions with Chia will be enabled and we will see where it goes. I personally see it in a 20$ region.
These news resulted in a huge increase of Netspace and rumors say HDDs are out of stock and very expensive in China and the USA. All I can say about that is, nothing changed in Germany. Not at all!
On the other side the Chia GUI is still buggy AF! I can't run it for more than 4 days without a crash. I am not alone with this, you can find topics on Reddit telling the same, but you will not find anything about that on Twitter.
Everybody knows BTC maximalists and their behavior. Get prepared for XCH maximalists, they are even worse. I had a huge amount of respect for Bram Cohen, the inventor of BitTorrent and CEO of Chia, but my respect slowly goes away. In my opinion they made huge mistakes with Chia and still do. But lets move on to statistics.
**FULL NODE COUNT**
As we know they had some "issues" with it last week and again they changed the way to display some stats. We used to see the FN count from the beginning, now they only show the last 6 days. Why are the old stats lost? You decide.
**17.4.21 lowest level: 4590**
**27.4.21 lowest level: 113636 +** ***2375 %***
Our ATH before this week was 12910, new alltime high is 132749. This is more than crazy and I'll leave it up to everyone if you believe this or not.
**TOP FARMER**
**19.4.21 = 16161 blocks = 32.322 =** ***10.64%***
**27.4.21 = 27109 blocks = 54.218 =** ***14 %***
So our friends from Hpool gained almost 4% this week and do now own a total of 14% of all Chia farmed, not including prefarm.
**HPOOL.COM GROWTH**
**18.4.21 = 96.03PB / 369.35PB Total =** ***26% total Netspace***
**27.4.21 = 322.04PB / 891.25P Total =** ***36.1% total Netspace***
I remember XCH Maximalists telling me Hpool will be no problem, Netspace growth will be much faster than Hpool grwoth. Here it is, black on white, this my friends is called centralisation. The Chia devs not implementing pools at the beginning and don't care at all about Hpool is a nightmare.
**NETWORK DECENTRALISATION**
Finally we see a trend going up and finally something I have no need to complain.
**NETSPACE**
**18.4.21 = up to 390PB =** ***+ 39%***
**27.4.21 = up to 972PB = + 149%**
Netspace growth this week was just insane.
**UNIQUE ADRESS COUNT**
**18.4.21 = 4893 unique / 152.000 blocks**
**27.4.21 = 9723 unique / 193.645 blocks**
To be honest my math skills are limited here and I am not sure how to calculate this. Goal would be to display how many percent of new adresses were able to win a block. But we can see the trend is going up which is a good thing, but if we remember that we gained 2375% of new nodes, it is not looking to good!
Weekly CHIA Update #2
Since I didn't like my last article myself in retrospect, I'll try not to make it so static in the future and to explain the following dates in my own words, as well as to compare the dates of the previous week with the current ones. Then let's start
**FULL NODE COUNT**
It was already noticed last week that the information on "decentralization" had been changed. The full nodes are now simply no longer available. Fortunately, I was able to get the statistics from the archive. Since the values fluctuate a lot there, we remain fair and consider it possible that the API will bring wrong values. Nevertheless, we draw a weekly comparison:
**11.4.21 lowest level: 6710**
**17.4.21 lowest level: 4590 -** ***32%***
I just took the lowest level from April 16th, 21st, because on April 17th, the fluctuations were just too violent.
**TOP FARMER**
**11.4.21 = 8878 blocks = 17.756 Chia =** ***7.8%***
**19.4.21 = 16161 blocks = 32.322 =** ***10.64%***
So our Chinese friends from Hpoolcom gained roughly 2 percent this week and now own a total of 10.6% of all XCH farmed so far. 21mil XCH are prefarmed and owned by CHIA itself, so we will not count them.
**HPOOL.COM Growth**
**11.4.21 = 47,97PB Hpool / 252.05PB Total =** ***19% total Netspace***
**18.4.21 = 96.03PB / 369.35PB Total =** ***26% total Netspace***
So **Hpool** now owns **1/4** of the **total CHIA Netspace**. This sounds like anything but Decentralisation. Also they almost doubled their Netspace within 1 week. You still think this is no problem and I am just a hater?
**NETWORK DECENTRALISATION**
As you can see there is no significant movement. Just imagine how it would look if they stil scale it to date, instead of blocks. Spoiler Alert: It wouldn't look good.
**NETSPACE**
**11.4.21 = up to 280PB**
**18.4.21 = up to 390PB =** ***+ 39%***
**UNIQUE ADRESS COUNT**
We will start tracking this from now on. The way they display it, it is impossible to decrease. What would be much more interesting is how many % of new adresses will be added. Display as Blocks / Date this makes no sense at all. 19.4.21 we are at block 152.000
** Roger Ver: Bitcoin Cash WILL WIN! Converting EVEN Bitcoin Maximalists **
Today Dr. Julian Hopp (Formally known as CakeDEFI CEO, Bitcoin millionaire as well as quite famous German Youtuber) will release a video featuring Roger Ver.
This is a MUST WATCH for every BCH follower! Video will be in english with german subtitles. You better not miss that!
Please renoise and don't tip! Let everybody know, this is about future, not tips!
www.youtube.com/watch?v=r6-yBOC9...
How to easily Import your Bitcoin.com wallet to Electron Cash
1. **Download Electron Cash** for Windows/Linux/Mac/Android/iOS
Offical homepage --> **electroncash.org/** https://electroncash.org/
**Be aware of scammers, never use another link.!**
2. Give your wallet any name
3. Create "**standard wallet**"
4. "**I already have a Seed**"
5. Put in your Seed and go to Options and make sure **BIP39** is selected
6. Put the following in there: **m/44'/0'/0'**
Now choose a PW to protect your wallet and wait till everything is in sync.
Weekly CHIA Update #1
Hello everyone! This article will be a follow up with following article (https://read.cash/@k1ll1van1ll1/easter-special-is-chia-moving-in-the-wrong-direction-b8955ca1) and from now on we will take look at the current Chia statistics once a week.
**FULL NODE COUNT**
The downward trend cannot be denied.
**TOP FARMER**
As I already suspected, the triumphant advance of our # 1 farmer here continues unchallenged. In the meantime it has also become known who it is. A Chinese service provider called Hpool.com and as everbody knows China is well known for their green energy (as well as human rights).
**HPOOL.COM GROWTH**
**NETWORK DECENTRALISATION**
After I published my article, mentioned before, they changed the way this statistic is shown. They switched from Date to farmed blocks.
**NETSPACE**
I will just leave this statistics here without any personal note, so everyone can decide on their own what they think about it.
All data based on www.chiaexplorer.com and www.hpool.com
My way to be a farmer of magical internet money #8 [The END]
And again I broke my word and didn't publish a new article yesterday. This time, however, not without a reason and you will also find out why. This will also be the last part of this story.
After my recent successes, I was both desperate and angry at myself. I had blindly relied on guides on the Internet and threw money out the window. Now, however, I'm an ambitious person by heart and still have a thing for destiny. So giving up was not an option.
After a lot of tests, really a lot, I realized. Either I bought the worst NVME hard drive on the planet or it is simply defective. I can't say for sure what is true, this hard drive definitely went down. It was a **Crucial P2 CT2000P2SSD8 with 2TB**.
In my tests it turned out that my old Crucial MX500 SSD is simply faster than the NVME. Good job!
I now own a **Sabrent Rocket Q with 2TB** and it does exactly what it's supposed to do. Now I've found the perfect settings for myself.
The CPU runs on all 6 cores with 3.9 GHZ and it is absolutely stable. I have a total of 6 plots running (5 on the new Sabrent, 1 on the old MX500) with the following settings
4 threads, 4.6 GiB working memory and with activated bitfield plotting.
I started these with a one-hour break. Since the Windows GUI does not support time-shifted starting, I had to start a new plot for a total of 6 hours, but with several repetitions. So I don't have to worry about anything anymore and the PC just plots.
So I get about 12 plots per day, one plot takes about 12 hours. Still a long way from the values given in the NUC Guide, but good enough for me ... and I just don't feel like it anymore!
As already mentioned, a new version of the GUI has been published in the meantime. To what extent this is actually faster, I cannot say, because I did not have a constant and functioning workflow before the update.
Meanwhile my external 12TB hard drive is almost full and I own 10 Chia. Another 12TB hard drive will arrive tomorrow, I will also fill this with plots and then it's over for me. Over 20TB of plots and an investment of over 600 € should be enough.
At the beginning of May, transactions and trading in chia will be released, maybe I'll publish another post then. We will see.
But now to the main reasons why I will no longer continue this blog. I just don't want to pay any more attention to Chia. Yes, this blog didn't get a lot of attention, but it's just about the principle. Nevertheless, I of course leave everything online, both for myself as a memory and for everyone who will discover Chia at a later point in time. I am curious where the journey will go.
**Why do I not want to pay any more attention to Chia?**
Quite simply, it is absolutely not appreciated. When I published the first article back then, I signed up for Keybase. Keybase is something like Discord for "the cool Kids" and their platform of choice for “support”. That's where I posted the link to my article. One of the "great" Chia personalities wrote a post above and below me. He didn't appreciate my contribution. I wasn't even worth this “Chia Smiley” to him. I have to admit, that was my first setback. You'd think that putting in some time would be respected. Thought wrong.
It was yesterday that I discovered a big bug in the software. Suddenly the GUI lost its connection to the mainnet. My PC has been running for several days without any problems, my internet connection was absolutely stable and nothing else has changed for me.
I couldn't restart my PC because plots were still active and I would have lost so much time. Strictly speaking, I was no longer connected to the network for over 9 hours, so I couldn't generate any chia, so I lost “money”.
As an exemplary Internet user, I described my problem in detail and even attached the software's log file. No reaction.
For me it was in the middle of the day, but due to the time difference it was somewhere else in the middle of the night. All right, I am waiting. No reaction.
When I was able to restart my PC and the software in the evening, I wrote another post, again attached a current log file and have not received a useful answer to this day. On the contrary, I got the "suggestion" to restart my PC. So it wasn't even read what I wrote because I mentioned that I had already done so.
Anyone who thinks that they will help you there and that you are thanked to have found a bug and properly documented it, is far from it.
Already when I published my post at Easter, in which I critically observe the development of Chia, I was faced with clear headwinds. But more on that elsewhere.
The good thing is, after another restart, the software started to sync again at some point and the journey continued for me. However, I don't know why it was, whether it will happen again and whether anything will ever change.
**I would like to thank everyone who accompanied and followed my trip. I hope you enjoyed it.** This blog is considered closed, but I have decided to publish a Chia Report once a week and look at the current statistics of the week with you. Maybe we will see each other there again, I would be happy!
**PS:** Raspberry Pi. There was something. Basically, it is possible to use an RPI to farm chia without any problems, since hardly any computing power is required for this. However, it is already (well more or less) known that conflicts arise when several Chia instances are running in the same network. You can't find a word about it in Chia's Twitter feed, but you often read something about it on Reddit and in the weird Keybase thing.
In any case, I will only tackle this when both of my hard drives are completely plotted and I can use my PC for other things again.
Noise.Cash aka How people sell their souls for pennies
Noise.Cash is a wonderful social media platform, best described as a hybrid of Twitter and Instagram. Text messages as well as pictures can be posted there and the icing on the cake; You will be rewarded with Bitcoin Cash for this.
A new rating system has been introduced over the Easter holidays and has from now on divided users into different categories:
- Eligible to receive Free Tips
- Not eligible to receive Free Tips
This triggered a small earthquake. Due to the enormous amount of posts it was not possible to apply this manually but was chosen by an algorithm. As is so often the case, this did not do everyone justice, but it certainly did for the absolute majority.
Even among the people I follow there were some who were no longer authorized to receive and give free tips from now on. The outcry was great among many, others looked at it reflectedly.
I came across Noise.Cash because I wanted to see if it really is that easy to be rewarded for things that I enjoy doing anyway. In the meantime, however, it has become a place for me where I have met great people and have not been there for a long time only for the reason of the reward. Accordingly, I was not particularly happy to learn that a lot of people were only represented on the platform because they were rewarded for it.
This got me thinking and I decided to start a little experiment.
From now on I changed the way I use Noise.Cash, in fact I did the following things.
**I looked again exactly at who I am following and what they were doing**
Many now tended to post even more things, but the quality largely fell by the wayside. In the original post of the Noise.Cash profile it was mentioned that the distribution of "Bitcoin Cash" would be rewarded. Some call this so literally that from then on some quotes were posted every minute and sold as a world first.
**Instead of rewarding contributions that I liked with a donation, I tried to interact with them.**
How could it be otherwise, a not inconsiderable part of it didn't matter at all. I discovered the following grid: Although good content is produced and is largely the property of the creator, interaction does not play a role. You simply log in several times a day, write a posting and then browse the donations. Everything else is of no interest.
**I started using Google Images' reverse search and the number of images stolen was terrifying. It should be mentioned that I only looked at people I followed.**
How I would like to name a few names, but I don't want to let myself down to this level. I can only advise everyone to move around the platform with their eyes open.
**I also took a closer look at the frequency and type of postings by individual users.**
It should also be said that I just followed people who seemed interesting to me and then looked at where the journey was going. I lost many of them very quickly, but I gave others a chance and was (unfortunately quite often) bitterly disappointed.
I will save myself mentioning names here, but there are tons of users who can sell stolen content pretty well as their own. We are actually at a point where more time is spent on packing stolen content well than simply using the energy and creating something of our own.
I don't even want to mention the umpteen second accounts, the beggars and a new phenomenon: the copiers. It has now become fashionable to copy other people's contributions 1: 1 and sell them as your own.
Unfortunately the new system still has a small bug. Said users do not receive any more free donations to spend, but you can still forward your donations to them. Of course, this is also rigorously exploited. You look at which contributions have been generously rewarded and simply copy them.
Playing with emotions is as old as humanity itself. Whether you assume the identity of a pretty woman and sell yourself as such, or try to generate pity, you will always find someone who falls for it.
With the new changes in the system, I am very confident that the quality of the platform will continue to improve very soon. The effects can already be felt and it is getting better every day.
**This should by no means be an attack against the Noise.Cash team, on the contrary. From their side everything is done to steer the platform in the right direction.**
This post should only show that people are selling your soul if you can benefit from it in any way. I was always aware that it made such dramatic exceptions, even me a little shocked.
PS: I would have liked to have taken the game a little further and tried 24 hours a day with a fake account to produce as much reach as possible through stolen content and above all I would have been interested in which group of people I would have reached with it. However, after consultation with the admin, this would have permanently damaged my account - and it was not worth it to me.
@k1ll1van1ll1
