Ethereum wallet help reddit

Having sounded the alarm bells, a group of benevolent white-hat hackers from the Ethereum community rapidly organized. They analyzed the attack and realized that there was no way to reverse the thefts, yet many more wallets were vulnerable. Time was of the essence, so they saw only one available option: hack the remaining wallets before the attacker did. To prevent the hacker from robbing any more banks, the white-hats wrote software to rob all of the remaining banks in the world.



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WATCH RELATED VIDEO: Torus Encourages Users To Test Their Wallet By Sending Ethereum Via Reddit

Clever Ethereum honeypot lets coins come in but won’t let them back out


Devs of the Reddit Moons project recently announced that Moons are going to be moved to a new scaling network. This is part of the overall plan to bring Reddit Moons to the Ethereum Mainnet. Scaling continues to be a big bottleneck in the blockchain industry and developers behind Reddit Moons are working to scale the Moons network. The scaling to the new network was announced on July 22nd and pinned to the CryptoCurrency subreddit. The benefits of the scaling would mean faster and more efficient transactions.

Users will no longer have to claim their Moons each month. Once scaling is complete, users will have Moons automatically deposited in their Vault.

The upgrade took a couple of hours and is now live. Reddit Moons is a cryptocurrency native to the CryptoCurrency subreddit. Users receive moons in exchange for their contributions to the community. Reddit introduced Vaults on the platform about a year ago. Reddit users get their community-based tokens in their Vaults. Moons were the first subreddit-based cryptocurrency produced on the Reddit platform, and Vaults are based on Ethereum network.

Moons give community members a chance to own a piece of their favorite communities. The endgame is to successfully migrate Moons to Ethereum Mainnet. The devs are first launching a new scaling network that is built on Arbitrum technology. Arbitrum is a Layer 2 crypto platform that provides fast and private scalability services for smart contracts on the Ethereum blockchain.

The team chose Arbitrum due to the decentralization which it offers. Also, Arbitrum is developer-friendly and has broad ecosystem support, according to the team. The project had announced the Scaling Bake-Off back in February.

Because this was the most promising scalability technique for Community Points. The new network will be tested on the Rinkeby Testnet before the migration to the Ethereum Mainnet. This upgrade introduces millions of users to the Ethereum network. The community responded positively to this news as the price of Moons rose swiftly after the announcement.

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Warning: Electrum versions older than 3. Do not download Electrum from another source than electrum. Electrum Wallet verifies all the transactions in your history using SPV. Electrum was created by Thomas Voegtlin in November Since then, various developers have contributed to its source code. Developers do not have direct unilateral write access to this website.

Have you participated in an airdrop? Use our Ethereum wallet guide on myetherwallet, to find out how to receive the tokens and transfer them.

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Control your private keys to all cryptocurrencies from the hardware wallet of your choice, and enjoy a perfect peace of mind! Ethereum is currently the cryptocurrency with the second highest market cap and second highest trade volume. Facing limited resources, we are happy we can cooperate with MyEtherWallet to provide an easy and intuitive interface for you, when interacting with ethers. We believe that you, Ethereum users, will greatly benefit from this new integration! Your ethers are stored and protected by the same recovery seed , which you have been using for bitcoins and other crypto. Just update to Firmware version 1. If you are using FW from 1. For your convenience, we have prepared a short guide to introduce you to the main steps. Make sure you are using the correct currency. The selector is in the top-right part of MyEtherWallet.


Reddit Cofounder Sees Ethereum at $1,500 by Jan. 1

ethereum wallet help reddit

Devs of the Reddit Moons project recently announced that Moons are going to be moved to a new scaling network. This is part of the overall plan to bring Reddit Moons to the Ethereum Mainnet. Scaling continues to be a big bottleneck in the blockchain industry and developers behind Reddit Moons are working to scale the Moons network. The scaling to the new network was announced on July 22nd and pinned to the CryptoCurrency subreddit. The benefits of the scaling would mean faster and more efficient transactions.

Those points are rewards for posting interesting content, and they take the form of ERC tokens.

Five myths about cryptocurrency

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At the time of writing, the Reddit app shows 29,, tokens in circulation, with new tokens being distributed every four weeks. Once users earn them, they are in charge of choosing what to do with the tokens, either to use them in Reddit to boost their post visibility or unlock other exclusive features. But what if someone decided to sell their MOON tokens , and there was someone else interested to buy them? That is what has happened, and thus holders can now sell MOON tokens from Reddit for cash or other cryptocurrencies. Reddit launched the tokens on R inkeby a testnet version of Ethereum saying it eventually planned to migrate these community Points to the Ethereum mainnet, and carry over point balances. To sell Reddit tokens for crypto or cash , one needs to be able to move these tokens off the Rinkeby testnet blockchain to another blockchain that supports it. It is now possible to move Moon tokens to the Ethereum sidechain, xDai where users can swap them for DAI, and then sell back into another cryptocurrency or cash via an exchange like Binance or Coinbase.

“It's not just that people have the wallets, it's that having wallets becomes a Those points live on Ethereum layer-2, Arbitrum, now.

Reddit's big cryptocurrency move is an exciting test

An interesting new Ethereum-based honeypot has been discovered that essentially allows hackers to steal from hackers. The honeypot is detailed on Reddit. The contracts are visible on the network and are easy to find. He expected to be able to pull out multiple Ethereum thanks to the reentrancy attack.


Tencent-backed Reddit using Ethereum blockchain for rewards. A Libra-scale unveiling?

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Reddit is expanding a trial program designed to let users reward each other for their contributions, using the Ethereum blockchain. The program, called "Community Points," was detailed in a slide presentation published Wednesday evening in which Reddit revealed its plans to utilize the Ethereum network to incentivize the creation of "quality posts and comments.

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Last night community website Reddit unveiled a new blockchain-powered rewards system. In order to use the Reddit reward points which are Ethereum tokens, users have to create a Reddit Vault, or a wallet. In terms of scale, Reddit has million registered users , is a top 20 site in the world, and in the U. The Chinese wallet processes one billion payment transactions per day and has million monthly users. The Reddit offering is using open source Ethereum, and that might surprise you given the Tencent link.

Reddit, which is an American social news aggregation, web content rating and discussion website, made a plan to utilize the Ethereum network to encourage the production of quality posts and comments. This is an incentive to users like based on the contribution of users to their favorite channels, they will be rewarded. Users will receive points depending on their contribution.


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