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The Basic Attention Token and the Brave Browser

The Brave Browser and the death of Ads

I am not someone who embraces change. I have been using Google’s Chrome browser since it became popular. It saves my passwords locally, it supports all kinds of plugins and it works good enough. Until recently, I was fine with chrome and fine with ads, I never really noticed them anyway and rarely do I pay them any mind. I heard of the Basic Attention Token and the Brave browser through coinbase. They’re doing a program where you can earn a few BAT tokens by watching some videos and taking a short quiz. The informational videos are available for all to see, whether or not you get invited to take the quiz in exchange for the BAT tokens, and after watching the videos, I have completely switched all my browsers to brave.

 

The brave browser blocks all ads by default and you can enable or disable this feature. It also stops tracking and it gives you a nice little summary of how many ads have been blocked and trackers stopped whenever you open a new tab and its easy to import your saved chrome passwords and bookmarks into brave. The brave browser is supposed to be more than just an ad blocker and this is where the BAT tokens come into play. BAT stands for Basic Attention Token and the premise is simple, pay people for their attention to ads that they agree to see instead of bombarding them with ads they will likely ignore anyway.

 

So how will creators be able to monetize their content? Each user who gets the brave browser right now will receive about 40 BAT to contribute to their favorite creators. The browser automatically sends these tips to the publishers based on how much time you spend browsing their content. This feature can also be disabled and you can manually send the creator a tip of your choosing in BAT. The Brave team also state that when the completely optional BAT ads are added into the Brave browser, the viewer and content publisher will receive a portion of the advertisers funds in the way of smart contracts.

 

By downloading and trying the brave browser at this link, you can help support cryptocrop.net and get your 40 BAT tokens to send to your favorite publishers. cryptocrop.net is a verified Brave publisher. Get the brave browser and your 40 free BAT tokens here.

What do you guys think of the Basic Attention Token and the Brave browser? Let me know in the comments below.

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Galactrum and why you should care

Galactrum is a currency employing the ASIC resistant Lyra2REv2 algorithm.

I first discovered Galactrum during the bitcoin craze last winter. I had accrued some funds in bitcoin and after reading all the speculation on the “bubble” bursting I decided to buy a GTX 1080 TI and a GTX 1060 6GB to mine with. I had helped a few friends set up nicehash accounts and after the hack happened I decided to mine altcoins instead of using nicehash. I first came across Galactrum on a Mining calculator comparison site. Since it uses an ASIC resistant algorithm, I was able to mine quite a few and eventually I had half of the requirement for a masternode. More on that later

Bitcoin was crashing, and along with many others, I decided to move my bitcoin into altcoins. I purchased the remainder of the required Galactrum to start a masternode after joining their Discord and talking to a few in the community and researching the site they have. The big thing that makes Galactrum different from its biggest competitors like Dash and Monero is the aim to be completely autonomous and decentralized with a focus on community engagement. They do this by setting aside a piece of every block for a proposal system that is voted on by masternode operators. This allows the currency to be self-funded, democratic and engaging for owners of masternodes ensuring innovations in the future funded entirely by the community. Ore, the ticker for Galactrum, also contains cloaking technology similar to Dash and Monero making it completely anonymous if so desired by the user. Thanks to the masternodes and PoW miners, transactions are fast, safe and secure with blocks being mined every two minutes.

Galactrum lets the average user take a vote with these masternodes which by no means are difficult to set up. 1000 coins are required to make a master node and at low rates of 0.04 $ each, its not a bad time to buy in. Galactrum has been added to stex since it was previously on cryptopia before the hack. Trade it on stex by making an account here

You can learn more about Galactrum including the links to the discord and how to set up a masternode on their website, galactrum.org . I also offer masternode set ups for $5 on fiverr here

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What happened to Cryptopia

Lets all press F for Cryptopia

Well, in short: they got hacked. And boy did they get it bad. With rumors swirling of an exit scam, no one is quite sure what to expect. All we do know is that a “significant” amount was stolen and the exchange has been shut into maintenance mode for the time being. Sources have come out saying that even after Cryptopia handed over the exchange to the New Zealand police, the hackers have continued to take assets from Cryptopia. Popular exchange Binance has claimed that it has frozen some of the assets the hackers stole, as they reportedly transferred it and attempting to sell it on Binance.

 

With little information being released officially, its safe to say speculation on the Cryptopia hack will continue until the CEO lets us know whats going on.

What do you think? Do you still have assets locked on the Cryptopia exchange?

Until then, I guess we are stuck with other exchanges. Take a look here at my top four.

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Bitcoin cold storage. What it is and how to get it.

What is bitcoin cold storage?

Bitcoin cold storage is a safe way to store the private keys used for sending and receiving bitcoins and other cryptocurrency. Bitcoin cold storage is a way of storing those private keys offline, preventing any access to the device that holds the keys unless the user is physically holding it. The private key is like, well, a key to the users wallet and gaining access to it allows the user to gain access to all funds, present and future, of a bitcoin wallet. By holding these keys offline, it prevents the ability of a hacker to ever be able to steal the private keys from the internet, as bitcoin cold storage devices are not connected.

Where can I find a bitcoin cold storage device?

Bitcoin cold storage comes in many different forms. You can even store your bitcoin offline for free by using a paper wallet. You can find many trustworthy websites that will help you make a paper wallet for free but remember that if you used an online service to make the private keys then someone else may be able to find them. Just remember if you lose the device or the paper, your bitcoins are gone forever. You can find the bitcoin cold storage devices on Amazon by clicking here.