125 days ago • coindesk

FTX Disputes IRS's 'Alice in Wonderland' Tax Claim

The U.S. government's claim for $24 billion in unpaid taxes by FTX has only one source – taking recoveries away from its victims, FTX said in a court filing.

125 days ago • cryptopotato

Chromia Migrates My Neighbor Alice to Shared Appnet For Season 4 Launch

[PRESS RELEASE – Stockholm, Sweden, December 12th, 2023] Chromia’s Appnet continues to grow while the fully on-chain game My Neighbor Alice launches its Alpha Season 4 Chromia, a relational blockchain platform designed for decentralized applications, has migrated the fully on-chain game, My Neighbor Alice, to its Shared Appnet, coinciding with the My Neighbor Alice Alpha […]

126 days ago • cryptodaily

Chromia Migrates My Neighbor Alice to Shared Appnet For Season 4 Launch

256 days ago • cryptodaily

Introducing the CoinMarketCap's Crypto Fear and Greed Index: A Comprehensive Crypto Market Sentiment Tracker

London, United Kingdon, August 3rd, 2023, ChainwireCoinMarketCap, the leading platform for cryptocurrency data, announces the launch of its groundbreaking CMC Crypto Fear and Greed Index. Designed to meet a crucial market need, this innovative index provides a wide-ranging and quantifiable assessment of fear and greed for the entire cryptocurrency industry.Amid recent market turbulence, it became evident that there is no crypto equivalent of the traditional Fear and Greed Index, a well-established tool for stock market analysis. Existing alternatives in the crypto space focus solely on Bitcoin, failing to capture the overall market sentiment of 20,000+ coins listed on CoinMarketCap.The CMC Crypto Fear And Greed index leverages an array of key components, meticulously engineered to provide users with valuable insights into the overall sentiment of the crypto market:Price Momentum: The index analyzes the price performance of the top 10 crypto coins by market capitalization (excluding stablecoins) through CoinMarketCap's API. By capturing trends in assets like BTC, ETH, XRP, BNB, and DOGE, it provides a more holistic view of market sentiment, as price fluctuations mirror fear and greed levels in the market.Volatility: Recognizing volatility's significant impact on market sentiment, the CMC Crypto Fear and Greed Index integrates the Volmex Implied Volatility Indices, BVIV and EVIV, capturing fluctuations across a broad selection of digital assets and reflecting crucial market data for enhanced decision-making.Derivatives Market: Option contracts provide insights into market participants' expectations for future returns. The put-call ratio is utilized to infer the sentiment of retail participants in the option markets. A higher ratio of puts to calls signals fear in the market, indicating that retail investors anticipate a bear market or a future crash.Market Composition: The relative aggregate value of BTC in the market serves as a vital indicator of market sentiment. The Stablecoin Supply Ratio (SSR) is employed for this purpose, measuring the ratio between Bitcoin's market capitalization and the total market capitalization of major stablecoins. A low SSR indicates a relatively larger stablecoin supply compared to BTC, while a high SSR signifies stronger BTC dominance. This metric not only represents the supply/demand dynamics between BTC and USD but also reflects the composition of the market.CMC Proprietary Data: CoinMarketCap analyzes social trend keyword search data, such as phrases like "crypto moon," to gauge market sentiment. Additionally, as a major traffic platform in the crypto industry, CoinMarketCap collects valuable pageview and engagement data, providing insights into market sentiment, retail interest, and emerging trends. By examining user engagement and behavior, the index identifies which coins and projects are generating the most interest, and which themes are driving market sentiment.With its comprehensive approach, the CoinMarketCap’s Crypto Fear and Greed Index provides a uniquely valuable perspective on the cryptocurrency market, empowering users to make better-informed decisions based on a deeper understanding of market sentiment. As a global leader in cryptocurrency data and research analysis, CoinMarketCap is committed to building innovative tools and resources for participants in the crypto industry.About CoinMarketCapCoinMarketCap is the world's most-referenced price-tracking website for crypto assets in the rapidly growing cryptocurrency space. Its mission is to make crypto discoverable and efficient globally by empowering retail users with unbiased, high quality and accurate information for drawing their own informed conclusions.ContactResearch LeadAlice [email protected]

256 days ago • cryptodaily

Introducing the CoinMarketCap's Crypto Fear and Greed Index: A Comprehensive Crypto Market Sentiment Tracker

London, United Kingdon, August 3rd, 2023, ChainwireCoinMarketCap, the leading platform for cryptocurrency data, announces the launch of its groundbreaking CMC Crypto Fear and Greed Index. Designed to meet a crucial market need, this innovative index provides a wide-ranging and quantifiable assessment of fear and greed for the entire cryptocurrency industry.Amid recent market turbulence, it became evident that there is no crypto equivalent of the traditional Fear and Greed Index, a well-established tool for stock market analysis. Existing alternatives in the crypto space focus solely on Bitcoin, failing to capture the overall market sentiment of 20,000+ coins listed on CoinMarketCap.The CMC Crypto Fear And Greed index leverages an array of key components, meticulously engineered to provide users with valuable insights into the overall sentiment of the crypto market:Price Momentum: The index analyzes the price performance of the top 10 crypto coins by market capitalization (excluding stablecoins) through CoinMarketCap's API. By capturing trends in assets like BTC, ETH, XRP, BNB, and DOGE, it provides a more holistic view of market sentiment, as price fluctuations mirror fear and greed levels in the market.Volatility: Recognizing volatility's significant impact on market sentiment, the CMC Crypto Fear and Greed Index integrates the Volmex Implied Volatility Indices, BVIV and EVIV, capturing fluctuations across a broad selection of digital assets and reflecting crucial market data for enhanced decision-making.Derivatives Market: Option contracts provide insights into market participants' expectations for future returns. The put-call ratio is utilized to infer the sentiment of retail participants in the option markets. A higher ratio of puts to calls signals fear in the market, indicating that retail investors anticipate a bear market or a future crash.Market Composition: The relative aggregate value of BTC in the market serves as a vital indicator of market sentiment. The Stablecoin Supply Ratio (SSR) is employed for this purpose, measuring the ratio between Bitcoin's market capitalization and the total market capitalization of major stablecoins. A low SSR indicates a relatively larger stablecoin supply compared to BTC, while a high SSR signifies stronger BTC dominance. This metric not only represents the supply/demand dynamics between BTC and USD but also reflects the composition of the market.CMC Proprietary Data: CoinMarketCap analyzes social trend keyword search data, such as phrases like "crypto moon," to gauge market sentiment. Additionally, as a major traffic platform in the crypto industry, CoinMarketCap collects valuable pageview and engagement data, providing insights into market sentiment, retail interest, and emerging trends. By examining user engagement and behavior, the index identifies which coins and projects are generating the most interest, and which themes are driving market sentiment.With its comprehensive approach, the CoinMarketCap’s Crypto Fear and Greed Index provides a uniquely valuable perspective on the cryptocurrency market, empowering users to make better-informed decisions based on a deeper understanding of market sentiment. As a global leader in cryptocurrency data and research analysis, CoinMarketCap is committed to building innovative tools and resources for participants in the crypto industry.About CoinMarketCapCoinMarketCap is the world's most-referenced price-tracking website for crypto assets in the rapidly growing cryptocurrency space. Its mission is to make crypto discoverable and efficient globally by empowering retail users with unbiased, high quality and accurate information for drawing their own informed conclusions.ContactResearch LeadAlice [email protected]

299 days ago • cryptopotato

Exciting Adventure Awaits as My Neighbor Alice Unveils Alpha Season 3: ELLE, Crafting, and a Free Trial

[Press Release – Stockholm, Sweden, June 21st, 2023] My Neighbor Alice unveils crafting features, Elle Collaboration, and free trials in the upcoming ALPHA Season 3. My Neighbor Alice, the innovative fully-decentralized open-world game, is thrilled to announce its latest crafting features in its immersive gameplay in Alpha Season 3, launching on June 27, 2023. The […]

2348 days ago • cryptodaily

Here's Why Bitcoin Privacy Sucks and How It Can Be Drastically Improved

One of the first things people think they learn about Bitcoin is that it is some sort of system for completely anonymous payments on the Internet; however, the reality is that all transactions are logged on a public ledger for the whole world to see. Having said that, researchers have made strides in improving Bitcoin privacy. One of the most widely-known Bitcoin privacy tools is CoinJoin, which is a way of mixing transactions together with other users on the network. But this method of achieving better privacy doesn’t actually work that well. As Saarland University’s Tim Ruffing put it at the recent Scaling Bitcoin workshop at Stanford, “I can tell you why mixing actually sucks.” During one part of his presentation, Ruffing covered the three key reasons as to why current mixing techniques are problematic, in addition to a workable solution to these issues. All Participants Don’t Have the Same Amount of Bitcoin According to Ruffing, the first major problem with bitcoin mixing is that current solutions assume all participants in the mix have the same amount of bitcoins. Ruffing provided an example where one user, Bob, is attempting to mix 1.2 bitcoins with two other users who both have 1 bitcoin each to mix. Since Bob has a different amount of coins than the other two users (Alice and Carol) it’s extremely easy to figure out where his bitcoins ended up by taking a quick glance at the blockchain. His 1.2 bitcoin input is obviously attached to the 1.2 bitcoin output. Ruffing pointed out that change addresses are sometimes used in an attempt to get around this issue. For example, Bob could mix 1 bitcoin and then send 0.2 bitcoins back to himself as change. Unfortunately, this setup also doesn’t really work. “The problem with that is now Bob has 0.2 bitcoins that are not anonymized, and he doesn’t know what to do with it because he can’t spend it because it’s still linked to his identity,” explained Ruffing. “Maybe he could do a new CoinJoin, but then probably he would be left with another change address, so it doesn’t really solve the problem.” Issues with Spending While Mixing According to Ruffing, more problems pop up if Bob attempts to pay someone else and mix his coins in the same transaction. “In the end, you don’t only want to get privacy for your money; you want to spend it,” said Ruffing. Due to the way in which P2P CoinJoins are coordinated, Bob is effectively forced to do two transactions — first a mix and then a send — if he wants to spend his bitcoins in a manner that won’t leak sensitive transaction data via a potential attack vector. This increases Bob’s transaction costs. “Even that is not great because now Bob has two weird change addresses,” added Ruffing. Lost Privacy Via Combined Change Addresses One final issue pointed out by Ruffing during his talk is that privacy can be broken if Bob spends two outputs from separate change addresses that came from the same original mix together. “If he now, for some reason, has the idea to use these two change addresses together, it actually breaks privacy again,” said Ruffing. “It even breaks the privacy of the past transactions.” What is the Solution? Near the end of his talk, Ruffing explained that the root of all evil in these issues with bitcoin mixing is the fact that the values involved in the transactions are public. If the transaction values were not public, an observer would learn much less from blockchain analysis. A solution to this problem has been proposed in the past, and it’s known as Confidential Transactions. Ruffing uses Confidential Transactions in his and Purdue University’s Pedro Moreno-Sanchez’s solution for better on-chain privacy in Bitcoin, which is known as ValueShuffle (PDF). With this proposal, Confidential Transactions is combined with a P2P mixing protocol to mask the amounts and participants involved in on-chain Bitcoin transactions.

2348 days ago • cryptodaily

Here's Why Bitcoin Privacy Sucks and How It Can Be Drastically Improved

One of the first things people think they learn about Bitcoin is that it is some sort of system for completely anonymous payments on the Internet; however, the reality is that all transactions are logged on a public ledger for the whole world to see. Having said that, researchers have made strides in improving Bitcoin privacy. One of the most widely-known Bitcoin privacy tools is CoinJoin, which is a way of mixing transactions together with other users on the network. But this method of achieving better privacy doesn’t actually work that well. As Saarland University’s Tim Ruffing put it at the recent Scaling Bitcoin workshop at Stanford, “I can tell you why mixing actually sucks.” During one part of his presentation, Ruffing covered the three key reasons as to why current mixing techniques are problematic, in addition to a workable solution to these issues. All Participants Don’t Have the Same Amount of Bitcoin According to Ruffing, the first major problem with bitcoin mixing is that current solutions assume all participants in the mix have the same amount of bitcoins. Ruffing provided an example where one user, Bob, is attempting to mix 1.2 bitcoins with two other users who both have 1 bitcoin each to mix. Since Bob has a different amount of coins than the other two users (Alice and Carol) it’s extremely easy to figure out where his bitcoins ended up by taking a quick glance at the blockchain. His 1.2 bitcoin input is obviously attached to the 1.2 bitcoin output. Ruffing pointed out that change addresses are sometimes used in an attempt to get around this issue. For example, Bob could mix 1 bitcoin and then send 0.2 bitcoins back to himself as change. Unfortunately, this setup also doesn’t really work. “The problem with that is now Bob has 0.2 bitcoins that are not anonymized, and he doesn’t know what to do with it because he can’t spend it because it’s still linked to his identity,” explained Ruffing. “Maybe he could do a new CoinJoin, but then probably he would be left with another change address, so it doesn’t really solve the problem.” Issues with Spending While Mixing According to Ruffing, more problems pop up if Bob attempts to pay someone else and mix his coins in the same transaction. “In the end, you don’t only want to get privacy for your money; you want to spend it,” said Ruffing. Due to the way in which P2P CoinJoins are coordinated, Bob is effectively forced to do two transactions — first a mix and then a send — if he wants to spend his bitcoins in a manner that won’t leak sensitive transaction data via a potential attack vector. This increases Bob’s transaction costs. “Even that is not great because now Bob has two weird change addresses,” added Ruffing. Lost Privacy Via Combined Change Addresses One final issue pointed out by Ruffing during his talk is that privacy can be broken if Bob spends two outputs from separate change addresses that came from the same original mix together. “If he now, for some reason, has the idea to use these two change addresses together, it actually breaks privacy again,” said Ruffing. “It even breaks the privacy of the past transactions.” What is the Solution? Near the end of his talk, Ruffing explained that the root of all evil in these issues with bitcoin mixing is the fact that the values involved in the transactions are public. If the transaction values were not public, an observer would learn much less from blockchain analysis. A solution to this problem has been proposed in the past, and it’s known as Confidential Transactions. Ruffing uses Confidential Transactions in his and Purdue University’s Pedro Moreno-Sanchez’s solution for better on-chain privacy in Bitcoin, which is known as ValueShuffle (PDF). With this proposal, Confidential Transactions is combined with a P2P mixing protocol to mask the amounts and participants involved in on-chain Bitcoin transactions.

2358 days ago • cryptodaily

Stash Wallet Makes Bitcoin User Friendly While Retaining Its Core Value Proposition

Late last week, Stash made their bitcoin wallet available for download on the Google Play Store. This is a wallet that is many years in the making, with its roots based in the Open Transactions project, which has been discussed as an extension to Bitcoin since 2010. Stash Wallet has support for both Bitcoin and Bitcoin Cash, in addition to the testnets for the two cryptocurrencies. During a presentation at the recent Texas Bitcoin Conference, Stash CTO and co-founder Chris Odom indicated other cryptocurrencies will eventually be added to the wallet. The goal of Stash is to offer financial autonomy to those who desire it in a user friendly manner. The company’s first product was the Stash Node Pro, which is a Bitcoin full node combined with an Open Transactions server that can run in one’s home. With the Stash Wallet, users can connect directly to their Stash Node Pro from their mobile phone to bring that financial autonomy with them on the go. “Making software devices ‘just work’ in crypto is more critical than in a typical software application,” said Odom at the Texas Bitcoin Conference. A More User Friendly Payment Experience So how does Stash intend to bring a more user-friendly experience to Bitcoin without giving up on the technology’s core principle of financial autonomy? One way is through the use of reusable payment codes. These payment codes can be used as static identities for users, which then create new addresses for each Bitcoin payment. While the payment code can be made public, outside observers will not know which Bitcoin addresses are attached to that payment code. Reusuable payment codes come with two key benefits: privacy and convenience. Users can essentially store an address book of payment codes, which means a payment can be received from “Bob” or “Alice” rather than a long string of random numbers and letters. In this way, the platform will look more like a traditional payments app where users can see real names attached to their payments history. Additionally, payments can be sent back and forth once payment codes are shared, which means Bob doesn’t have to ask Alice for a new Bitcoin address every time he wants to make a payment (and visa versa). During his presentation at the Texas Bitcoin Conference, Odom noted that the same payment code can be used across chains and even for Bitmessage. The current version of Stash Wallet also includes an encrypted messaging component, which works through Open Transactions. Decentralizing Traditional Bitcoin Services with Open Transactions The most anticipated aspect of the Stash project is likely the Open Transactions component. Through the system of federated servers, cryptocurrencies can become more useful while also avoiding the pitfalls of today’s cryptocurrency exchanges and banks (namely loss of funds through hacking, incompetence, or theft). Open Transactions allows anyone to launch their own server, which can be used to create any kind of financial instrument. For example, a user could issue traditional forms of digital cash provably backed by bitcoin. This digital cash can then be used in a variety of smart contracts and other financial applications. The federated model of Open Transactions means that there’s no central point of failure for the ecash server, but trust is still required in terms of the bitcoin backing the digital cash tokens. This is where voting pools come into play. Voting pools allow multiple, competing entities to pool their bitcoin together in a single multisignature wallet and issue financial instruments based on that pool of funds. When multiple parties are pooled together in this manner, the threat of lost funds is potentially lowered because multiple parties would need to be hacked, corrupt, or incompetent for something to go wrong. One way to think about it is that a user is effectively storing their money in a pot where Bitstamp, Coinbase, Kraken, and a couple of other exchanges would have to get hacked rather than just one of them. Much More to Come The current version of the Stash Wallet was described as a minimum viable product during a recent appearance on The Crypto Show with Daniel Krawisz and Justus Ranvier, who are also members of the Stash team. Having said that, there are many other features on the horizon. Shufflepuff (a version of CoinJoin), which was originally developed by Krawisz for Mycelium, is said to be the mixing option of choice that will eventually be implemented into the Stash Wallet. While Odom is a fan of the OpenBazaar project, Open Transactions contains its own bazaar application that will be made available in the Stash Wallet. Other than that, there are indications that various features that have become popular with Ethereum, such as issuing colored coins and creating decentralized autonomous organizations, will also come to the Stash Wallet by way of Open Transactions.

2358 days ago • cryptodaily

Stash Wallet Makes Bitcoin User Friendly While Retaining Its Core Value Proposition

Late last week, Stash made their bitcoin wallet available for download on the Google Play Store. This is a wallet that is many years in the making, with its roots based in the Open Transactions project, which has been discussed as an extension to Bitcoin since 2010. Stash Wallet has support for both Bitcoin and Bitcoin Cash, in addition to the testnets for the two cryptocurrencies. During a presentation at the recent Texas Bitcoin Conference, Stash CTO and co-founder Chris Odom indicated other cryptocurrencies will eventually be added to the wallet. The goal of Stash is to offer financial autonomy to those who desire it in a user friendly manner. The company’s first product was the Stash Node Pro, which is a Bitcoin full node combined with an Open Transactions server that can run in one’s home. With the Stash Wallet, users can connect directly to their Stash Node Pro from their mobile phone to bring that financial autonomy with them on the go. “Making software devices ‘just work’ in crypto is more critical than in a typical software application,” said Odom at the Texas Bitcoin Conference. A More User Friendly Payment Experience So how does Stash intend to bring a more user-friendly experience to Bitcoin without giving up on the technology’s core principle of financial autonomy? One way is through the use of reusable payment codes. These payment codes can be used as static identities for users, which then create new addresses for each Bitcoin payment. While the payment code can be made public, outside observers will not know which Bitcoin addresses are attached to that payment code. Reusuable payment codes come with two key benefits: privacy and convenience. Users can essentially store an address book of payment codes, which means a payment can be received from “Bob” or “Alice” rather than a long string of random numbers and letters. In this way, the platform will look more like a traditional payments app where users can see real names attached to their payments history. Additionally, payments can be sent back and forth once payment codes are shared, which means Bob doesn’t have to ask Alice for a new Bitcoin address every time he wants to make a payment (and visa versa). During his presentation at the Texas Bitcoin Conference, Odom noted that the same payment code can be used across chains and even for Bitmessage. The current version of Stash Wallet also includes an encrypted messaging component, which works through Open Transactions. Decentralizing Traditional Bitcoin Services with Open Transactions The most anticipated aspect of the Stash project is likely the Open Transactions component. Through the system of federated servers, cryptocurrencies can become more useful while also avoiding the pitfalls of today’s cryptocurrency exchanges and banks (namely loss of funds through hacking, incompetence, or theft). Open Transactions allows anyone to launch their own server, which can be used to create any kind of financial instrument. For example, a user could issue traditional forms of digital cash provably backed by bitcoin. This digital cash can then be used in a variety of smart contracts and other financial applications. The federated model of Open Transactions means that there’s no central point of failure for the ecash server, but trust is still required in terms of the bitcoin backing the digital cash tokens. This is where voting pools come into play. Voting pools allow multiple, competing entities to pool their bitcoin together in a single multisignature wallet and issue financial instruments based on that pool of funds. When multiple parties are pooled together in this manner, the threat of lost funds is potentially lowered because multiple parties would need to be hacked, corrupt, or incompetent for something to go wrong. One way to think about it is that a user is effectively storing their money in a pot where Bitstamp, Coinbase, Kraken, and a couple of other exchanges would have to get hacked rather than just one of them. Much More to Come The current version of the Stash Wallet was described as a minimum viable product during a recent appearance on The Crypto Show with Daniel Krawisz and Justus Ranvier, who are also members of the Stash team. Having said that, there are many other features on the horizon. Shufflepuff (a version of CoinJoin), which was originally developed by Krawisz for Mycelium, is said to be the mixing option of choice that will eventually be implemented into the Stash Wallet. While Odom is a fan of the OpenBazaar project, Open Transactions contains its own bazaar application that will be made available in the Stash Wallet. Other than that, there are indications that various features that have become popular with Ethereum, such as issuing colored coins and creating decentralized autonomous organizations, will also come to the Stash Wallet by way of Open Transactions.

MyNeighborAlice Price	1.2032 USD
Market Rank	#447
Market Cap	81,715,851 USD
24h Volume	5,816,314 USD
Circulating Supply	67,913,333 ALICE
Max Supply	100,000,000 ALICE

Yesterday's Market Cap	81,183,888 USD
Yesterday's Open / Close	1.2697 USD / 1.1954 USD
Yesterday's High / Low	1.3261 USD / 1.1641 USD
Yesterday's Change	-0.06% ( 0.0743 USD )
Yesterday's Volume	5,274,811 USD

MyNeighborAlice(ALICE)

About MyNeighborAlice?

Introduction

Technology & Mechanism

Consensus Mechanism

Blockchain Technology

Key Features

Scalability

Security

Privacy

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Development Team & Governance

Use Cases & Potential Impact

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How to Buy

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Community

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