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Five Bootstrapping Hacks Every Founder Should Know

From investigating coworking spaces to avoiding credit cards, here’s some advice on bootstrapping a startup in 2019.Have you ever heard about the old saying, “Pull yourself up by your bootstraps?” It means improving one’s situation or getting success through one’s own efforts, without outside help. Why am talking about bootstrapping here?It applies to your startup, too.Bootstrapping your startup means that keeping your business updated and on the growing stage with little or no venture capital or you can say without any external investment. In short, this word symbolizes the business owners typically relies on their own savings and revenues in order to operate and grow their business entity in the race.Image credits: Photo by Danielle MacInnes on UnsplashIt’s not easy to do, but the rewards of bootstrapping are incredibly worthwhile. Curious to know about how should you incorporate this strategy in your business goals and objectives?Let me give you one example of a successful entrepreneur who has put his business off the ground just by inculcating the strategy of bootstrapping in his startup.Nick Woodman founded GoPro by applying bootstrapping.How?Well, Nick Woodman was doing the business of entertainment and promotions website FunBug. However, it didn’t do well and went bust in 2001. In order to overcome anxiety, stress, and failure in his life, he decided to have a surfing trip to Australia and Indonesia. While enjoying the experience of surfing, he noticed that the cameras used by surfers usually wrapped around their when capturing the moments.Consequently, it ended up breaking loose. So, he decided to launch a camera that will capture not only their more active moments but also the passionate experiences. With personal savings and a $35,000 loan from his mother, Woodman launched GoPro (known initially as Woodman Labs) in 2002. Until 2012, he was continuously doing bootstrapping the San Mateo, California-based business. After that one tech manufacturer, Foxconn invested $200 million in his company. According to Bloomberg, Two years later, the company went public at a $2.96 billion valuation.That’s a bootstrapped startup!Now, you realized the importance of being able to respond quickly to change and bootstrapping the company. Great!Are you looking for the tips for bootstrapping your new startup? If so, let’s dive into these five tips.#1 Tip- Use Coworking SpacesThe first and foremost tip for bootstrapping your startup is to use coworking spaces. No matter how fancy office and ping-pong tables lures you while setting up the business, coworking spaces should be your first preference.I am saying this because we all know that in the early stages of the business, we have to focus on every expense so that it will not lead to any problem especially the financial one. It is, therefore, better to use that money for the acquisition of the customers and marketing your business.More importantly, monetary savings is not only one factor for incorporating coworking spaces for your organization, but there are many additional benefits.Let me explain the other benefits with the help of an example:Gary Vaynerchuk started Vaynermedia in 2009, but he didn’t rent an office in order to operate his business. No doubt, he was already rich at that time, but still, he bartered his time for that space so that he could eliminate that overhead in the beginning. He started his business in one of the coworking spaces of New York City, United States.Working in a coworking environment doesn’t only help him to become a better decision maker, but also stay away from the stress of renting a long-term commercial office. Hence, even if you have the funds to spring for an elaborate office, consider a coworking space.#2 Tip- Evaluate Every Expense CarefullyAnother method for building your brand from bootstrapping your startup is to evaluate every expense deliberately. I have stated this statement in the first tip also that cut the maximum expenses in the early stage of your business. Well, if you are spending freely without giving a second thought, then it can cause a problem down the line when you face a challenge.Therefore, being financially responsible is the perfect key for managing your business in the competition.I have gathered some more information about this situation so that you can get a better understanding of my perspective.Damon and his friend, Stephen has recently launched a tech startup. They are trying to get their digital marketing strategy iron out so that they can attract more customers towards their business. However, they are financially stable and have over a half-dozen tools and products worth $1,800 a month. What’s more, they are not using those products correctly and wasting approximately $21,600 a year, because of careless spending.Therefore, bootstrapping is one of the most valuable stages a founder goes through. And when you scrutinized every single expense, then you definitely find out the unconventional way to solve complex problems. Rather than spending blindly, all the business owners are required to take care of their expenses so that they can operate their business carefully.#3 Tip- Avoid Credit Card Debt at all ExpensesAvoid Credit cards for your business expenses? Really?Yes! All business owners are strongly advised to cease from spending money through a credit card. No doubt, credit cards help business people to save their organization in the moment of financial crisis. In fact, in difficult financial situations, it is one of the easiest ways to alleviate that stress.Only if you are paying them off every 30 days is this best option for you. Otherwise, credit card debt can quickly add up and impact you negatively, including ruining your personal finances.So, the significant advantage of bootstrapping is that you are retaining the ownership of your company without raising any capital and maintaining your business as debt-free as possible. If you want to continue to own your entire company, avoid credit card debt. In this way, you will perform much better and be able to think much more clearly with that weight off your shoulders.#4 Tip- Don’t Forget Venture Capital (VC) Money isn’t freeIt is really far from that. I have come across several numbers of startups which raises a lot of venture capital money and then fail.That’s why I am saying that no matter how much venture capital money will an excellent tool for your business, but it’s not proof the best way of setting up the company. On the contrary, Bootstrapping might result in a slower growth curve, but it often results in a much better financial outcome down the road.#5 Tip- Be a Publicity MagnetDo you know several entrepreneurs prefer to invest their money in PR firms that creates a tremendous amount of buzz and exposure for the startups?As a matter of fact, they help the business people to make their mark in the race by promoting their products and services among masses. But what’s the point of spending $10,000 or $20,000 monthly on PR retainers, if you can save them by bootstrapping your business.How?If you are willing to roll up your sleeves and ready to do the maximum work, then bootstrapping will be the best perspective for your business. Firstly, dedicate your time to replying to daily queries through free services like HARO. Secondly, make a network with as many journalists that focus on publishing content related to your industry. Thirdly, try to use social media marketing platforms for monitoring breaking news regularly.TakeAwaysTo conclude, I believe that bootstrapping a business is a complicated task, but its rewards are really gratifying. With the incorporation of coworking spaces, carefully examining the expenses of the business, and more importantly, avoiding the use of credit cards and venture capital money, bootstrapping is almost easy for the business people to reach their goals and objectives.Eventually, bootstrapping is making an investment in yourself that will pay off for your company in the long run. In the end, I would like to conclude that if you do decide to bootstrap your startup, remember that you are not so much investing in your company, but investing in yourself for the sake of your company.Five Bootstrapping Hacks Every Founder Should Know was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
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29 Tools and Resources for the Bootstrapping Entrepreneur

Starting a business is already expensive and time-consuming enough. The young internet entrepreneur can use some of the following tools and resources to help get started on their journey (while they’re still working in a basement, parents home or shared apartment) before they can afford to pay for every piece of software they need or to hire someone who knows the tricks of the trade.1. 7 Zip: http://7-zip.org (free download) An open source, free alternative to WinZip.2. Audacity: http://audacity.sourceforge.net (free download) An open source software used for recording & editing audio files.3. AVG: http://free.avg.com (free download) Anti-virus and anti-spyware protection.4. BrowserShots: http://browsershots.org (free online tool) Use this site to view how your website look in various browsers.5. CamStudio: http://camstudio.org (free download) Lets you record all screen & audio activity on your computer and create video files.6. CCleaner: http://ccleaner.com (free download) Removes unused files from your pc allowing Windows to run faster and freeing up space.7. Color Cop: http://colorcop.net (free online tool) A multi-purpose color picker — great for web designers and programmers.8. Down For Everyone: http://downforeveryoneorjustme.com (free online tool) Is your site down? Use this tool to see if your website is down for other people.9. DupeFree: http://dupefreepro.com (free download) Quickly check for duplicate content & LSI keywords.10. Evernote: http://evernote.com (free download) Scan your notes, receipts, etc … it will OCR the content, sace it, and make it searchable).11. FileZilla: http://filezilla-project.org (free download) Open source FTP program for uploading files to your host.12. Firefox: http//mozilla.com/firefox (free download) Alternate web browser.13. GIMP: http://gimp.org (free download) An open source program used to create & edit — free alternative to Photoshop.14. Give Away Of The Day: http://giveawayoftheday.com (free download) Unique site that offers you a free license digital product daily.15. Kompozer: http://kompozer.net (free download) An easy to use WYSIWYG HTML editor.16. Marketing Forum: http://resell-rights-weekly.com/forum (free online tool) Very helpful forum with lots of good info on internet marketing. Friendly members too.17. NicheBot Classic: http://nichebotclassic.com (free online tool) Online keyword research tool helps you target the correct keywords.18. Open Office: http://openoffice.org (free download) Open source office software — word processing, spreadsheets, databases, presentations …19. OSWD: http://oswd.org/ (free downloads) Open Source Web Design offers free web design templates.20. PDF995: http://pdf995.com (free download) Use this tool to easily convert files to PSD format.21. PDF to Word Converter: http://pdftoword.com (free online tool) Easily create editable Word Doc files from PDF content — for legit purposes only! :-)22. Pixie: http://nattyware.com/pixie.php (free download) Great for web designers — just point to a color and discover the code value for that color.23. Resell Rights Weekly: http://resell-rights-weekly.com (many free downloads) Free membership where you can download over 300 PLR/RR products for free.24. Roboform: http://roboform.com (free download) Easily & safely manage your passwords.25. ScreenHunter: http://wisdom-soft.com/sh/sh_free.htm (free download) Software that allows you to “capture” any part of your desktop, a window or full screen.26. Skype: http://skype.com (free download) Make free calls over the internet to other people on Skype.27. Textpad: http://textpad.com (free download) A powerful text editor. I personally like Textpad for editing HTML code.28. VLC Media Player: http://videolan.org/vlc (free download) Media player capable of reading most audio and video formats.29. WordPress Help Sheets And Resources: http://1stwebdesigner.com/wordpress 23 extremely helpful WordPress help sheets and resources.Why Should You Read ROI Overload?Ihave a passion for motivating, inspiring and educating businesses on how to leverage emerging technologies and digital marketing to stand out from the noise and reach their target consumers and clients. With over 10 years in enterprise biz dev and take to market strategy, I have helped both start-ups and enterprise organizations navigate complex markets in both traditional industries as well as bleeding edge technology fields.I’m the Head of Marketing & Business Development at Bedrock Affect, a Forbes Contributor & Biz Dev Council member, a Hackernoon Contributor, an Entrepreneur and a huge nerd.Scott Douglas Clary — Founder, ROI Overload29 Tools and Resources for the Bootstrapping Entrepreneur was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
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Bootstrapping A Career Via Developer Camp

Developer CampWhile there’s hundreds of hackathons held world-wide, there’s only one Developer Camp.Square, Getaround, Temple Run, OAuth, TestFlight, push.io, and Zūm — each of these have foundations at Developer Camp over the past twelve years. In fact, major compaines including Apple, Oracle, Google, Amazon, Disney, and Facebook have purchased companies from the winning teams at Developer Camp.What makes Developer Camp so unique and special? Three words.Inclusion, Diversity and Empowerment.Developer Camp is a concept that fused from several distinct, previously-existing event models. The first was BarCamp, a participant-driven “unconference” in which the content of presentations is decided by the attendees, presented by them, and organized entirely on the spot. Our camp incorporates this aspect by including the opportunity for attendees to hold “side sessions” or working groups that educate and inform. Our camp incorporates this aspect by including the opportunity for attendees to hold “side sessions”or working groups that educate and inform. What ties all of these concepts together is the belief that sharing ideas and code is the best way forward as a technology community. Contribution to Open Source, and a “we-can-do-it” attitude are at the heart of our Developer Camp.— Dom Sagolla Developer CampI recently chatted with Samerial Johns, a recent grad and Developer Camp Alumni. Samerial’s recent video post about her journey on LinkedIn skyrocketed to over 398,172 views!Samerial embodies the spirit of a true entrepreneur and her award winning social travel app, Aaireal was realized at Developer Camp.IOS Developers Camp was an amazing experience for me. It was my very first hackathon so now I hold all future hackathons to a high standard! I learned so much about coding languages, various softwares, and individual’s unique backgrounds while fostering relationships with my hackathon peers. It was such a creative environment filled with positive energy and people who desire to create an impactful software.My experience was unique where I had to pitch my idea and convince people to work on my team even though my idea had holes in it. I ended up working with a designer to bring my business idea to life which is a travel web app known as Aaireal! It was exciting to solve problems and work side by side with the designer to construct the app.After 60+ hours of constructing the app we finally created a solution for the travel and tourism industry. We pitched the app mockups and won coolest mobile award. I felt empowered, motivated and grateful. This experience was a gateway to more hackathons and more development of the travel web app.I am building upon what I started at iOS developers camp to eventually launch the product to the public. Here is some advice for newcomers who are planning on joining Developers Camp — be confident, share your business idea to everyone, work in a team and build the product that you desire!It’s that bootstrapping hackathon experience that has inspired Samerial and thousands of others to build truly amazing apps.Developer Camp returns this weekend at Draper University’s Hero City, 55 East 3rd Street, San Mateo, CALimited number of tickets are still available. Get your ticket today.To encourage diversity and inclusion for my readers, here’s a 50% off for women and girls use the discount code — 2019LADIES and 50% off for and students code — 2019STUDENTAbout the AuthorDan Zeitman is a software developer and advocate. Dan has worked with Cloudinary, PubNub, Vinli and Stanford University, as well as co-organizing Developer Camp, Dan has three decades of real-world experience as an indy developer. Dan’s strong devotion to civil rights, social action, and human rights have inspired him to work and organize a number of projects, including two disaster relief applications, as well as the Developer Camp Counselor program.Bootstrapping A Career Via Developer Camp was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
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Addressing Nano's weaknesses (bandwidth usage and disk IO). Nano voting traffic to be reduced by 99.9% by implementing vote by hash, lazy bootstrapping, and reduced vote rebroadcasting (x-post r/CryptoCurrency)

Voting traffic currently dominates the Nano network (vs actual transactions), because of the size of the votes, the number of times nodes vote, and the number of nodes those votes get rebroadcasted to. This reduces node throughput, makes it harder for low-end nodes to survive increases in transaction traffic, and reduces overall network scalability. The Nano devs are now implementing a number of interesting solutions that should drastically reduce the voting bandwidth (99.9%) and required disk IO of the Nano protocol, which are the network's two biggest bottlenecks. Vote by hash - Initial reduction from 40 kilobytes of voting traffic per block to 600 bytes per block (98.5% reduction) by not including the full block in each vote and only using the block's hash. Lazy bootstrapping - Right now a block may get voted on thousands of times during it’s lifetime by nodes that don’t actually care about the block or chain it’s on — AND they’ll vote on other blocks which reference that block indirectly, leading to thousands of unnecessary votes. Passively listening for blocks and only pulling down chains that a node cares about solves this, and drastically reduces overall voting traffic. Vote stapling - Votes by reps are signed and distributed with blocks, so that when a node gets a new block that has already been voted on, it will no longer request voting confirmation once more from the representatives. The votes will be sent in a bundle with minimal vote traffic. Vote rebroadcasting - Since v13, the redundancy of nodes voting 4 times on each block (which in turn are rebroadcast) is no longer needed. This is because nodes now automatically seek them out if they're missing. This leads to lower votes, fewer relays, and will decrease network traffic by 75%. TL;DR: Nano is about to get a lot more scalable (99.9% less voting traffic). Stress tests will follow. Sources: https://np.reddit.com/r/nanocurrency/comments/910kyk/nano_network_status_update/ https://youtu.be/i5d7ZZZ99b8 https://medium.com/nanocurrency/developer-update-7-23-2018-e7941346bd0f Correction from one of the devs on vote stapling: While vote stapling can definitely be used for this (and presumably will be in the future), that's not what it'll be first used for. With vote stapling, when a node publishes a block, it will first communicate directly with representatives to make an aggregate signature. Then, the node will publish the block along with the aggregate signature in the same message. The aggregate signature is the same size as a normal signature, because it uses a multisignature protocol called MuSig: https://blockstream.com/2018/01/23/musig-key-aggregation-schnorr-signatures.html This means that we can package up the entire voting process into the size of one vote. So, what do y'all think? Do these sound like viable solutions to improving Nano's scaling? What other concerns do you have with Nano and its ability to scale?
/r/CryptoTechnology

Reducing Nano voting traffic by 99.9% by implementing vote by hash, lazy bootstrapping, and reduced vote rebroadcasting

Voting traffic currently dominates the Nano network (vs actual transactions), because of the size of the votes, the number of times nodes vote, and the number of nodes those votes get rebroadcasted to. This reduces node throughput, makes it harder for low-end nodes to survive increases in transaction traffic, and reduces overall network scalability. The Nano devs are now implementing a number of interesting solutions that should drastically reduce the voting bandwidth (99.9%) and required disk IO of the Nano protocol, which are the network's two biggest bottlenecks. Vote by hash - Initial reduction from 40 kilobytes of voting traffic per block to 600 bytes per block (98.5% reduction) by not including the full block in each vote and only using the block's hash. Lazy bootstrapping - Right now a block may get voted on thousands of times during it’s lifetime by nodes that don’t actually care about the block or chain it’s on — AND they’ll vote on other blocks which reference that block indirectly, leading to thousands of unnecessary votes. Passively listening for blocks and only pulling down chains that a node cares about solves this, and drastically reduces overall voting traffic. Vote stapling - Votes by reps are signed and distributed with blocks, so that when a node gets a new block that has already been voted on, it will no longer request voting confirmation once more from the representatives. The votes will be sent in a bundle with minimal vote traffic. Vote rebroadcasting - Since v13, the redundancy of nodes voting 4 times on each block (which in turn are rebroadcast) is no longer needed. This is because nodes now automatically seek them out if they're missing. This leads to lower votes, fewer relays, and will decrease network traffic by 75%. Sources: https://np.reddit.com/r/nanocurrency/comments/910kyk/nano_network_status_update/ https://youtu.be/i5d7ZZZ99b8 https://medium.com/nanocurrency/developer-update-7-23-2018-e7941346bd0f
/r/CryptoTechnology

Satoshi Nakamoto Revealed: Stylometry & Bootstrapping Proof, Claims UK Nonprofit

Self-described informative and interactive crypto website, Zy Crypto, a nonprofit based in England, believes it has struck ecosystem gold by discovering Satoshi Nakamoto’s real identity. It’s the second attempt by the outfit, and both times they’ve relied upon stylometry before concluding that Bitcoin Cash developer Gavin Andresen is Satoshi hiding in plain sight. This go-round analysis involves not only statistical analysis of prose, but also Maciej Eder’s bootstrapping method in an attempt to eliminate natural bias in such conclusions. Also read: Apple Sides with Russian Govt, Restricts Telegram, Claims Pavel Durov Bitcoin Cash Developer Gavin Andresen Is the Real Satoshi Nakamoto Two upfront admittances, if readers indulge. The first is, I am a Troy Watson fan. I enjoy his work, and count myself as someone who approves of his earnest dive into such subjects. Second, I have probably read more about the present pseudonym under examination than is healthy, and not just because I make my living in the space. Flatly, I am obsessed. No clickbait here, or not intentionally. No hype. This is a fun pursuit, and one worth some effort as it involves cryptocurrency’s origin story. Zy Crypto is a curious little outfit based in a lesser-known part of the United Kingdom. They’ve the site proper, a news aggregation service, and what appear to be variations on the public relations themes of initial coin offerings and blockchains. To publish one, let alone two articles asserting both times how Bitcoin Cash developer Gavin Andresen is Satoshi, for once and for all, speaks volumes about either the confidence Zy has in its writer or the fact they’re sporting for clicks.   Consider this sentence, hitting readers right between the eyes: “We identified Bitcoin Cash developer Gavin Andresen as being the real Satoshi Nakamoto,” Mr. Watson boldly asserts before an immediate pivot towards technique. The primary methodology used in both examinations is what’s known as stylometry. It’s the study of prose put up against other writers as a way of determining patterns and is an actual predictive of authorship when done well. Stylometry has picked up in recent years as an investigative tool when faced with the spectre of Satoshi Nakamoto. The pseudo anonymous creator of Bitcoin holds more than five percent of bitcoin in circulation, making him the first crypto billionaire. Should Mr. Nakamoto decide for shits and giggles to dump a significant amount of coin onto the market, not only would the price drop by virtue of economic law, confidence would probably crash as well, bringing down a giant chunk of whatever value bitcoin has. It’s a big goddamn deal who Satoshi is. Zy Crypto neato graph. Stylometry’s False Positives or Conclusive Hits The technology to out a writer wishing to remain in has proven its worth. In the mid 1960s, Frederick Mosteller used stylometry to establish authorship of the hotly contested Federalist Papers, determining James Madison as their probable main author (instead of Alexander Hamilton). It took him almost half a decade, whereas today software exists to run such analysis pretty fast. More famously, and recently, no less an author than zillion-selling Harry Potter creator JK Rowling was found to be the actual author of The Cuckoo’s Calling. A few years ago she wished to have her writing evaluated on its own merits, and so Ms. Rowling took a pen name. Stylometry outed her.    Satoshi? And Zy Crypto isn’t the first to attempt applying the statistical method to Satoshi’s true identity. As bitcoin’s price began to skyrocket, so did interest in who its creator might’ve been. During Craig Wright’s supremely odd public display, outed by supposed hackers, claiming to be Satoshi and then suggesting it was a hoax, a couple of once well-regarded tech journals believed Mr. Wright to be Satoshi. International Business Times employed the very firm used to blow Ms. Rowling’s cover, Juola & Associates. They soon determined what most in the know suspected: Mr. Wright wasn’t bitcoin’s father (he’d respond that he and partner David Kleiman collaborated on the project, but even that has been posthumously tainted). He managed to fool or convince or onboard original Bitcoin dev Gavin Andresen, who went so far as to record video testimony (Vitalik Buterin, Ethereum genius, weighed in on the noise of the matter, and later just outright spat fraud in Mr. Wright’s direction).      Late 2017, price fever pitch reached maximum overdrive, and Michael Chon took his own swing at discovery. The Georgetown University and Booz Allen Hamilton alum concluded Satoshi was a group of devs, with some authoring the whitepaper while others engaged in email exchanges. He narrowed it down to four: “Nick Szabo, Ian Grigg, Wei Dai, and Timothy C. May.” Gavin Andresen wasn’t considered, a subject to which we return. Mr. Watson details how “using Eder’s bootstrapped stylometry method…this finding supports our previous article on the topic that also identified Gavin as Satoshi using Principal Component Analysis and Burrows’ delta.” Knowing full well the history I’ve outlined above, he concludes, “A big part of this failure can be attributed to the lack of convergence validity in the stylometry field.” And a pitfall within the field itself is how “stylometrics often cherry pick results due to their algorithms producing vastly different results when slightly tweaked,” he acknowledged. This led to suggesting Wei Dai as Satoshi, at least for a time. Using Stylometry Analysis I Have Discovered I May Be Satoshi Nakamoto This time, Mr. Watson’s confidence in Mr. Andresen as Satoshi extends from Maciej Eder, who “created a bootstrapping method specifically designed to overcome the problem of cherry picking elements like Most Frequent Words (MFW). The approach uses Burrows’ delta to find a difference between two texts, but also uses random sampling of MFW ranges so as to output more robust results. Burrows’ delta is basically a manhattan distance of z-scores which is sourced from a list of top words used in an entire corpus.” The rest of the article reads similarly, and the interested would do well with frequent searches of Wikipedia. Nevertheless, he’s “found that the first nearest neighbour was Satoshi’s email texts followed by 3 of Gavin Andresen’s Github documents and then followed by Satoshi’s forum texts. These findings are quite reasonable because not only do they validate the links between the Satoshi whitepaper-emails-forums but they also cluster Gavin as the likely author. It’s also of interest that Gavin’s style was so much like Satoshi’s whitepaper that he beat Satoshi himself with the forum texts!” Crypto Cornelius for the win. Still more discussion of limitations and technical methodology follows, and those without a statistical or mathematical background are cautioned. It’s somewhat like reading French if you don’t speak French. Yeah, there’s the standard Latin alphabet and all, but that’s about as far as most will get. Again, Wikipedia is a friend. I don’t buy it in the end, and have instead relied upon resident ecosystem muckraker, Crypto Cornelius, as my prime response. “I have identified Myself,” he typed in the patois of most these studies, “an amateur crypto enthusiast as being the real Satoshi Nakamoto using Yeder’s bootstrapped Coronary Angiogram stylometry method. This finding supports a previous thought when I woke up one night and thought ‘Could I be Nakamoto?’” Sides splitting, tears dropping on the laptop as I type to you Dear Reader, he continues, “Nano Stylometry was invented by Elon Musk and is a set of methods that aim to identify an unknown author by statistically deciphering their style using statistics, hard to understand graphics and random information.” For geeks like me, good old Cornelius is necessary to bring us back to reality. Happy reading.  Is Gavin the real Satoshi? Let us know in the comments.  Images via the Pixabay, Twitter, giuatt07. Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com. The post Satoshi Nakamoto Revealed: Stylometry & Bootstrapping Proof, Claims UK Nonprofit appeared first on Bitcoin News.
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Ways of Raising Capital for Startup

There are many ways of raising capital for your startup. You must consider all options and choose the one that best suits your particular venture. Here we provide an overview of seven common ways of funding to help you weigh the pros and cons of each source and make an informed decision.

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Coin Source Will Bring Dai to Its ATM Users

Stable currencies are all the rage as of late, primarily because they aren’t prone to the price swings and volatility one often witnesses with mainstream digital assets such as Ethereum and Litecoin. If you want to invest in crypto but are nervous about the prospects, stable currencies could be the answer. Now, they’re earning an even larger boost through companies like Coin Source, a Texas-based operator of cryptocurrency ATMs. Coin Source Brings Stability to Crypto The venture recently announced that it would be adding the stable asset Dai to its many ATMs located throughout the southern United States this summer. The addition of the coin is “in preparation” for what the company calls a widespread remittance program, in which workers will be able to send money home to their families in the form of Dai or other cryptocurrencies that they can trade or sell. Travis Gough, chief product officer at Coin Source, comments: In remittances, people want to save as much value and they don’t want to be subjected to the high volatility that you’re seeing in bitcoin and other cryptocurrencies that can be very speculative. Price swings are a persistent worry in the crypto space, and likely never to leave enthusiasts’ minds fully. At the same time, it’s easy to suggest that currencies like bitcoin are suddenly easier to accept given these swings are now traveling north. Since April of this year, bitcoin has been enjoying a serious bull run, having jumped by nearly 200 percent in just the last three months alone. After a lengthy period of traveling through the doldrums at the mid-$3,000 range, the currency began its new string of price spikes last April with a sudden (and unexpected) jump to $5,000. The good news this time around is that bitcoin’s sudden behavior is likely being sparked more by market trends, which will make this bull run more stable than the one that occurred in 2017, reportedly the subject of manipulation by users of the stable currency tether. Along with bitcoin, currencies like Litecoin have also surged in price, heightening the crypto space’s present levels of legitimacy. A New and Improved Way to Send Money The Coin Source remittance service – which will at first be available to customers only in the United States – will allow ATMs to transfer Dai and other digital assets between wallets. Once a customer receives funds, they can forward them to the wallets of selected parties granted those parties have satisfied all of Coin Source’s know-your-customer (KYC) requirements. Receiving individuals can then confirm the funds and trade or sell them accordingly. All transactions occurring by way of Coin Source are recorded onto the Ethereum blockchain. At press time, the company operates more than 230 ATMs in nearly 30 states and in Washington D.C. The post Coin Source Will Bring Dai to Its ATM Users appeared first on Live Bitcoin News.
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Amun AG Launches New Exchange-Traded Product With Data Provided By Bitwise Crypto Index

The fintech firm based in Switzerland, Amun AG, released its new plans to launch an exchange-traded product (ETP) using Bitwise 10 Select Large Cap Crypto Index as a benchmark. The Swiss SIX Exchange has already allowed several other ETPs to operate in the country. Amun AG Works On New ETP Bitwise Index Services has just […]
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Chainlink (LINK) is launching on Coinbase Pro

Transfer LINK immediately into your Coinbase Pro account ahead of trading. Support for LINK will be available in all Coinbase’s supported jurisdictions, with the exception of New York State. Additional regions may be added at a later date.After 10am PT on June 26, 2019, we will begin accepting inbound transfers of LINK to Coinbase Pro. We will accept deposits for at least 12 hours prior to enabling full trading.Once sufficient supply of LINK is established on the platform, trading on the LINK/USD, and LINK/ETH order books will start in phases, beginning with post-only mode and proceeding to full trading should our metrics for a healthy market be met. Support for LINK will be immediately available in all Coinbase’s supported jurisdictions, with the exception of New York State. Additional jurisdictions may be added at a later date.Chainlink (LINK) is an Ethereum token that powers the Chainlink decentralized oracle network. This network allows smart contracts on Ethereum to securely connect to external data sources, APIs, and payment systems.Please note that LINK is not yet available on Coinbase.com or via our consumer mobile apps. We will make a separate announcement if and when this functionality is added.The stages of this launchThere will be four stages to the launch as outlined below. We will follow each of these stages independently for each new order book. If at any point one of the new order books does not meet our assessment for a healthy and orderly market, we may keep the book in one state for a longer period of time or suspend trading as per our Trading Rules.We will send tweets from our Coinbase Pro Twitter account as each order book moves through the following phases:Transfer-only. Starting at 10am PT on June 26, customers will be able to transfer LINK into their Coinbase Pro account. Customers will not yet be able to place orders and no orders will be filled on these order books. Order books will be in transfer-only mode for at least 12 hours.Post-only. In the second stage, customers can post limit orders but there will be no matches (completed orders). Order books will be in post-only mode for a minimum of one minute.Limit-only. In the third stage, limit orders will start matching but customers are unable to submit market orders. Order books will be in limit-only mode for a minimum of ten minutes.Full trading. In the final stage, full trading services will be available, including limit, market, and stop orders.One of the most common requests we receive from customers is to be able to trade more assets on our platform. Per the terms of our listing process, we anticipate supporting more assets that meet our standards over time.You can sign up for a Coinbase Pro account here to start trading. For more information on trading LINK on Coinbase Pro, visit our support page.Chainlink (LINK) is launching on Coinbase Pro was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
The Coinbase Blog
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