The Best Binary Option Trading Platforms and Brokers of 2020
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Binary Options Recovery: Scammed Traders, Fake Brokers, and Funds Recovery
Following the “permanent temporary” measures against binary options and CFDs (contract for difference), the body in charge implements its own set of limitations that simply forbids regulated houses to offer such product in the UK, hence increasing the risk of pushing retails traders towards illegal brokers and outright scams. Fortunately, a new solution is now available to UK traders via a new United Kingdom Financial regulatory ruling. More scrutiny from UK banks about financial transactions, even to binary optionsIn short, banks will have to take more responsibility about the financial transactions they facilitate. This new ruling should lead to the creation of a new code of conduct that will help defrauded people to have their funds recovered by their bank, unless it is proven they acted recklessly. As a popular Financial blog puts, it, “It is likely that should a bank or credit card company be either impersonated by a fraudster in order to gain money, or trick a client into depositing, and the bank allows the transfer, a client will be able to take recourse. The broad protection should kick for many online scheme and scams, whether it is fake investment companies, fraudulent binary options brokers or those scammers who promise to help you recover your stolen funds…only to steal from you once again. On the other hands, it means the banks will be more likely to forbid transactions to legit businesses, such as reputable cryptocurrency exchanges or honest smart options platforms. The regulating bodies and financial institutions are taking a number of measures to prevent financial fraud. Binary options trading, in particular, is being controlled with a greater degree of robustness to protect the unwary general public being drawn into a situation where they suffer financial losses. Many hundreds of people around the world are targeted each day. ![img](prwn4ha2ecf51 " ") Frequently they are novice investors who are unfamiliar with the markets and do not recognize that the so-called trading platform and its way of working are actually bogus. The individual only realizes the extent of the fraud when eventually when the fraudsters finally decide that there is no more money to be had and shut down the account and promptly vanish without trace. Spotting Fraudulent Binary Options Broker Some lawyers in the financial fraud division are very familiar with the pattern of behaviour demonstrated by the fraudulent brokers and the distress caused by their dealings with inexperienced investors. There is a track of record of recovery in relation to financial fraud and has a number of strategies and tactics to compel the fraudulent broker or associated financial service providers to restore funds to those who have been deceived. Needless to say, the fraudsters are accomplished at hiding their tracks and frequently there are myriad inter-connected limited liability companies, often some are registered in different countries, with some dormant and some active. It is hardly surprising if the complexity of the situation results in a failure to discover a single person who can be challenged and held accountable. However, there are various channels financial fraud lawyers use when attempting to retrieve money for clients and each avenue is investigated. Whilst an individual may be alarmed and confused at the prospect of navigating through the complex structures that have been deliberately set up to confuse, Financial fraud lawyers are usually quite familiar with strategies fraudsters use, and frequently can steer a course to the recovery of some or all of the lost money. https://preview.redd.it/daa505b3ecf51.jpg?width=600&format=pjpg&auto=webp&s=b27aa7697b0bf1afbd238964166ce40c693db2e3 The step of last resort, legal action, is understandably daunting for a person who often has lost significant amounts of money to the fraudulent brokers. It is fully understandable that such a situation will leave the victim decidedly risk-averse. There have been experiences with class actions against the fraudulent brokers and has developed links with litigation funding organizations in order to offset the risk in respect of class actions. The lessons that can be drawn from the experiences of those individuals who have had the misfortune of losing their investments to fraudsters are to be extremely cautious. Always consider every offer or investment for at least 48 hours before making a decision, a genuine broker will understand the caution that a new investor will view a proposition. All investments carry a risk and anything that promises a return on your initial investment seems to be significantly higher than normal it is almost certainly not to be trusted. Do not allow yourself to be hurried into a decision, it is highly unlikely that an authentic broker would try to rush you into an investment, especially if you demonstrated reluctance; their reputation would suffer by such behaviour. You can now recover all money lost to bitcoin, binary options, cryptocurrency, investment, scam by hiring any one of these Verified Wealth Recovery Experts. To recover money lost to binary options, forex, bitcoins, cryptocurrency, and investment, get all the information you need here; https://bitcoinbinaryoptionsreview.com/binary-options-uk-scammed-traders-fake-brokers-and-funds-recovery/
When one typically hears the phrase “forex scam” one automatically assumes that it is being perpetrated by an unlicensed or unregulated forex broker. For the most part, that assumption is correct. All you have to do is a quick google search and you will find numerous articles detailing reprehensible acts committed by unregulated forex and binary options brokers. However, there have been numerous instances of regulated forex brokers skirting the rules.
Not all regulated brokers are trustworthy
Unfortunately, there are numerous regulated forex brokers that have defrauded unsuspecting clientele as well. Last year on the CFTC slapped a $7 million fine on Forex Capital Markets (FXCM) in a civil monetary penalty for engaging in fraudulent and misleading solicitations, spanning from September 4, 2009, through at least 2014. Additionally, the CFTC emphasized that FXCM had misrepresented that its ‘No Dealing Desk’ trading platform had no conflicts of interest with its clientele. Instead of running a true ECN execution platform where trades are performed directly in the interbank market, their clientele’s trades would be redirected to a Effex Capital LLC, which was originally designated to be an independent market maker but was, in reality, an extension of FXCM. Effex Capital would take very aggressive forex trades against the investors in order that they would lose and in return, FXCM would be the beneficiary of some very high kickbacks, which they received under the table from FXCM.
FXCM barred from the U.S.
Because of their duplicitous practices, the CFTC withdrew their regulation and FXCM was no longer allowed to service U.S. customers. Additionally, FXCM was caught by the FCA in yet another forex scam. They took away their investors’ positive swaps, causing them to only receive negative swaps. Surprisingly, the FCA did not remove their regulation.
Beware of OTCapital
OTCapital, forex broker regulated by ASIC has been swindling numerous investors. Broker Complaint Registry has received numerous complaints from those who have been victimized by their reprehensible practices. Complaints have ranged from not allowing clients to withdraw their earnings to never receiving a call back after they had deposited. Unfortunately, ASIC has not taken any action against OTCapital.
Protect yourself from a forex scam
Before you deposit money with a broker you must first make sure that the broker is regulated by an entity such as the CFTC, FCA, ASIC or the IIROC. Remember not all regulatory bodies are created equal. For example, if the broker that you are interested in has only a CySEC (Cyprus) regulation it would be wise to steer clear. Although they have gotten tougher on rulebreakers, CySEC is still lax in numerous areas. Additionally, do your research. This means reading reviews, looking at various forums, and so on. It is not enough that the broker you are interested in has a regulation. You must vet them. If you have fallen victim to a cryptocurrency scam, send a complaint to at [[email protected]](mailto:[email protected]), and we will do our very best to get into contact with you as soon as we can to initiate your funds recovery process. Visit www.fundsrecovery247.com for more information or Contact - [email protected] com.
Bitcoin Broker Understand the Benefits of CryptoCurrency Trading
Bitcoin is a cryptocurrency, which can be spent, saved, or invested, and it can be stolen too. Trading with Bitcoins was considered to be risky, but the current trends show that it has become a big hit the binary options sector. This decentralized currency is not regulated by any Government, or by any central authority. What determines the price of Bitcoins? Bitcoin's price is determined according to the supply and demand ratio. Price increases when the demand increases, the rates plummet downwards when the demand falls. Bitcoins in circulation are limited, and new ones are created at a very slow rate. Since it does not have enough cash reserve to move the market price, its price can be extremely volatile. Bitcoin trading is popular because of -
Low inflation risk - Inflation is the biggest issue for traders, because all the currencies lose some of their purchasing power when the reserve banks keep printing more currency. With Bitcoin minting system being limited to just 21 million Bitcoins, it hardly gets impacted with inflation.
Low collapse risk - Currencies fluctuations depend on government trade policies, which at times cause hyperinflation, and even lead to the collapse of currency. Bitcoin is a virtual universal currency, which is not regulated by any government.
Simple, safe and cheap - The Bitcoin payments take place between peer-to-peer without any intermediary, which is why it is simple and cheap.
Easy to carry - Bitcoins worth million dollars can be carried in your pocket, in a memory stick. This cannot be done with gold or cash.
Untraceable - Issuance of Bitcoin is not regulated by any government, so the risk of seizure is nil.
Binary options Bitcoin trading platform bitcoin binary options are getting familiar with popularity of these Bitcoins, and its constant fluctuating values. Therefore they are using this opportunity to offer traders with the latest volatile crypto-currency as an additional payment method. Bitcoin brokers providing crypto-currency as trading option include -
One touch option - Bitcoin trading can be done with AnyOption or one-touch option. For example the current popular currency pair is BTC/USD.
SetOption - The latest option available for asset trading is BITCOIN/USD.
Bitcoin brokers provide a simple trading online platform. All you have to do is visit their website, enter your details, and create an account. You can start with demo account to understand the market action. The trading screen is simple.
Pick the price direction (UP/DOWN)
Select the timeframe
Is Bitcoin trading secure? Bitcoin network is possibly the world's vast spread computing project. The most common weakness here is the user errors. Bitcoin wallet files can get lost, stolen, or deleted accidentally just like any other files in the digital form. However, users can use sound security strategies to protect their cash. Alternatively, you could choose the service providers who offer high-level security, as well as insurance against loss or theft. We provide latest information on Bitcoin brokers and online trading platforms on our website. Please visit our website to check out the broker reviews in order to make the right choices.
Google is ready to ban binary option and cryptocurrency ads
Well, it’s about time, Google is next in line to pose a stiff challenge to the largely fraudulent online trading industry. The world’s largest search engine has just announced that it plans to ban all cryptocurrencies and binary options advertisements, and it is cracking down on ads for various other speculative financial products.
Say goodbye to binary options & cryptocurrency ads
The new rules, which are scheduled to take effect in June, will flat out ban adverts for binary options, cryptocurrencies and all related content (including initial coin offerings, cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency trading advice. Cryptocurrencies have surged in popularity over the last year thanks to a boom in the price of bitcoin towards the end of fiscal 2017. This coincided with a surge in initial coin offerings (ICOs), where numerous startups have issued their own cryptocurrency in exchange for money to construct their businesses.
Taking Facebook’s lead
Google’s hard-line approach follows a similar ban that Facebook enacted earlier in the year in banning cryptocurrency related advertising on its platform. Scott Spencer, Google’s Director of Sustainable Ads said in a recent blog post that the clampdown is part of Google’s efforts to shield consumers from online trading scams. However, much of the online trading world is unregulated, which in turn has attracted scammers looking to make quick money. Last year myriads of “pump and dump” filled the market, while this year bogus ICO projects have become routine.
Forex & CFD Crackdown
Google is additionally coming down on ads for contracts for difference (CFD), spread betting, and foreign exchange (forex) instruments on its platform. These products carry a high level of risk and the entire industry is under increasing regulatory scrutiny across Europe over the past year thanks to severe investment fraud sweeping through the continent. The UK’s Financial Conduct Authority (FCA) issued a warning in November that cryptocurrency CFDs are incredibly high-risk, speculative products that risk the investor suffering significant losses. Research conducted by the FCA showed 82% of people who use the products lose money, implying CFDs are more similar to gambling than investing.
Affiliate marketing for online trading takes a hit
Google additionally announced it is banning ads from affiliates and aggregators who traffic leads to online trading brokers. These websites earn a commission for referring new clients to these products that are lightly regulated. The search giant will require CFD, spread bet, and forex websites to register with it if they want to advertise on its platform and all brokers must be licensed in the country they are looking to advertise in.
Pressure getting to Google
Google’s financial marketing crackdown arises among continued pressure on the search giant, which additionally owns YouTube, regarding the way it runs its advertising procedure. Google has been heavily criticized by the media and politicians for permitting everything from radicalization to binary options trading on its advertising platform due to careless controlling of content and advertising. Spencer did state in his blog post that Google removed 3.2 billion “bad” ads last year and announced, “Improving the ads experience across the web, whether that’s removing harmful ads or intrusive ads, will continue to be a top priority for us.” We shall see. However, there is a pretty good chance that these fraudulent brokers will just simply change the name of their product in order to get around Google’s ban and deceive an unsuspecting user.
What you can do
If you are the victim of an HBC Broker scam be sure to send your complaint to [[email protected]](mailto:[email protected]), and we will do our very best to get into contact with you as soon as we can to initiate your funds recovery process.
Most f the reviews we tend to have come back across reveal that the Cryptp soft platform is easy to Their client service is very efficient. We did a live check and confirmed that they respond at intervals a moment. Moreover, they are available 24/7. The Cryptp soft app is secure. They need all the mandatory measures in place to make sure data privacy. The Cryptp soft System is considered by several among the most effective robots within the market nowadays. We have a tendency to realize this robot to perform virtually the same with Bitcoin Rush, another top bitcoin robot. Read the review of Bitcoin Rush for more data? Cryptp soft registration method is straightforward, easy, and secure. You only want but 10 minutes to form an account and begin trading. Cryptp soft is a absolutely auto bot and is so accessible to everyone. https://preview.redd.it/giu6kclgfnn51.jpg?width=1280&format=pjpg&auto=webp&s=f605d84ba2174f831ca825dbaffddf061b3a55b5 You do not want to perceive trading lingo to use Immediate Edge. The following steps can get you started with this robot. STEP ONE: Fill the Signup type Visit the Cryptp soft home page and register your name, phone number, and email in the provided kind. You will be asked to verify your phone variety via a text code and email through a link. CryptoVibes will ascertain that the Cryptp soft registration process is secure. Their web site is SSL secured to confirm that hackers cannot steal personal information submitted through it. Cryptp soft cyber safety policy states that they're GDPR adherent. This suggests that they handle your knowledge with strict privacy. STEP TWO: Get matched with a broker The Cryptp soft Software then matches you with one in every of their partner brokers. The role of the broker is to receive deposits and facilitate transactions. We have a tendency to have determined that Cryptp soft only partners with regulated brokers. With a regulated broker, they guarantee that your cash is safe. Reputable regulators such as the FCA, FSB, ASIC, and CySEC need brokers to segregate deposits and submit periodic reports on deposit usage. You wold like a deposit of a minimum of $250 to trade with Immediate Edge. Do not confuse this quantity with the value of the robot. Cryptp soft does not need any license fee. The house owners of this robot build money by charging a small commission on the profits generated through the app Deposits with Cryptp soft should be created through Wire Transfer, Visa, and MasterCard. It takes a few seconds for a deposit to reflect in an exceedingly trader’s account. Cryptp soft does not charge any deposit fees. The Cryptp soft does provide a demo account to help traders familiarize themselves with its web-trader. CryptoVibes recommends that you are doing demo trading before going to live to trade. Please note that the demo is for demonstrative purposes solely. The results you receive on the platform are primarily based on historical information and could therefore not mirror what you'll get in live trading. The Cryptp soft live trader comes with features to help you outline the amount of risk you are willing to require per trade. You wish to go through the demo account to familiarize with these features. As mentioned severally in this review, you do not want specialized skills to use this robot. Live trading with Cryptp soft involves determining the quantity of capital you plan to risk per trade and clicking the live button. Scan our review of Bitcoin Trader for one more straightforward to use the robot. *Remember all trading risks and you shouldn’t risk more then you'll be able to afford to lose. How to get the most out of Cryptp soft App We have identified the following tips as paramount in guaranteeing that you make the most of Immediate Edge. Begin with a deposit of $250 – Given the level of risk involved in trading with Immediate Edge, you should start with a tiny investment. Follow crypto market news – You need to determine the type of reports that drives volatility high and capitalize on them. Cryptp soft claims to form the foremost profits throughout high market volatility. Trade for eight hours per day – In keeping with Immediate Edge, trading for at least eight hours per day can help maximize profits. Cryptp soft is entirely auto, and hence you'll be able to leave the robot running as you continue together with your daily errands. You are doing not want more than twenty minutes per day to observe your account. Close trading sessions at the tip of the day – Leaving open positions overnight is doubtless to translate to losses since the markets can change considerably overnight. It is better to shut sessions even if in the negative and start trading again the subsequent day. With a correct risk management strategy, there is no would like to fret concerning periodic losses. Following our review we tend to realize Cryptp soft to be legit. But, traders ought to take additional caution, provided that this bot comes at a degree of risk. Whereas the app claims it's potential to form profits of up to 50percent per day, you'll be able to additionally lose the complete deposit inside seconds. This is often not sudden for a high-frequency trading robot. We recommend that you just apply the required risk management measures. As a rule of thumb don't risk more than 10percent of your trading capital per trade. Also, never trade with an amount you cannot afford to lose. It is prudent to start small and add cash as you get conversant with the various features on the platform. Recently, a brand new trading software was added to the bitcoin investment trade. This software is termed Cryptp soft and it is allegedly created by a corporation or organization called the International Council for Bitcoin. There is additionally a letter out there on their web site that has been signed by someone named David. This person claims to own earned over 1,000,000 as a results of investing in bitcoins. What’s very shocking concerning this letter is that David claims to have earned that huge quantity in just one trade. If we have a tendency to place it in simple words, David became a millionaire overnight. We tend to highly doubt that a trading system that has been launched recently will have such potential. To verify the main points of this software and to determine its legitimacy, we have a tendency to conducted our own research and investigation. Cryptp soft is a bitcoin trading software that’s meant to assist newbie traders get involved in Cryptocurrency trading with less risk than ancient investment opportunities. Cryptp soft software was created by The International Council For Bitcoin who is PRO Bitcoin trader Group behind the Cryptp soft software. Notice out all concerning Cryptp soft software by The International Council For Bitcoin. Cryptp soft Software may be a nice development by a famous, well established and experienced bitcoin trader Investors with a viewpoint to enable traders to perform different tasks with ease and convenience. https://preview.redd.it/uuh85yghfnn51.png?width=1238&format=png&auto=webp&s=d0558e6e123114b6624d5a724b3b9b5983e717e1 Cryptp soft Software is essentially a Binary choices trading software that is designed to assist traders win and predict the Binary options trend of their respective choices. Cryptp soft APP works as a code to urge financial success, shows traders how they'll make money on-line, helps them to find different ways in which to induce huge returns on their investment. The Cryptp soft Trading Software additionally provides analyses of Market conditions so that traders will recognize what ought to be their next step. Cryptp soft System gives secret cryptocurrency ways that ultimately help binary traders to create thousands of greenbacks solely for some bucks. Several individuals can say that Cryptocurrency Trading may be a risky business and tend to remain faraway from it. But from my expertise, high volatility means HIGH RETURN OF INVESTMENT in Crypto Market. But this can be where the Cryptp soft comes into play, the mathematical algorithm used by Cryptp soft Software takes the guesswork out choosing a winning profitable trade. You don’t must be an expert. Like I said earlier, I actually have personally tested the Cryptp soft and found the success rate is about ninety sevenpercent. I don’t apprehend concerning you, but a ninety seven% probability of earning a profitable trade is TERRIBLY GOOD! I’ve never come across something like this trading software before. Keep reading, below are my Cryptp soft results for the past week or so… Watch over the Shoulder of a Professional Each Day and you'll be able to learn as you trade. Averaging 97% Winning Weeks With Cryptp soft— which suggests that more potential profits for you Cryptp soft Software Are Fully Transparent No previous experience with binary choices trading required Web-based mostly, no need for downloads, additionally works on phones, tablets You'll be able to Even Watch Cryptp soft Signals From Your Phone (iPhone Users — Photon Browser) If you are ready to begin making cash online with an on the spot edge, there has never been a better chance than currently. If you enjoy surfing the web for countless hours trying for the next Trading Method Secrets, never being able to urge centered, being overloaded with conflicting information, and not creating cash on-line, you ought to probably leave this page right now and get back to that Cryptp soft System strategy Cryptp soft bot could be a new cryptocurrency trading invention that comes with options that create this software stand out among others. It is conjointly an automatic trading platform that uses a smart program algorithm to detect favorable trading opportunities. It acts on its own or waits for a prompt command from the user depending on the software’s settings. But what makes this software unique and a favorite to individuals is what we have a tendency to shall unveil in this review. There have been lots of unverified claims of how totally different cryptocurrency software have helped several people to make massive profits leading to Scam individuals. However, it's pertinent for cryptocurrency traders to verify if a particular trading software may be a scam or legit, which is also ? After subjecting the features of the Cryptp soft bot software to a series of tests, the software isn't a scam however legit. The Cryptp soft bot is believed to have successful rate of 85%, that is a lot of than the 80percent benchmark for average software. The Cryptp soft bot has helped cryptocurrency traders to make sensible profits, which has been documented as testimonies on the software’s website. Trading on the platform is straightforward and might not require experience. We had to verify the simplicity of the software, and we tend to discovered that the software is easy to navigate. The demo trading feature of the software makes it potential for brand new users to hold out trading activities in an exceedingly simulated atmosphere while not having to risk their investment. This any gives credence to the legitimacy of the software because it ensures that new users get accustomed to the features of the software before continuing to measure to trade As earlier stated, the Cryptp soft bot could be a high-tech program software that comes with exceptional options that makes it among the simplest cryptocurrency trading software in the blockchain market. The outstanding features of the Cryptp soft bot embody the subsequent: https://www.cryptoerapro.com/cryptosoft/ http://www.cryptoerapro.com/ https://twitter.com/cryptoerapro https://www.instagram.com/cryptoerapro/ https://www.pinterest.co.uk/cryptoerapro/
Binary Options Review; Best Binary Options Brokers
Binary Options Review; Best Binary Options Brokers We have compared the best regulated binary options brokers and platforms in May 2020 and created this top list. Every binary options company here has been personally reviewed by us to help you find the best binary options platform for both beginners and experts. The broker comparison list below shows which binary trading sites came out on top based on different criteria. You can put different trading signals into consideration such as using payout (maximum returns), minimum deposit, bonus offers, or if the operator is regulated or not. You can also read full reviews of each broker, helping you make the best choice. This review is to ensure traders don't lose money in their trading account. How to Compare Brokers and Platforms In order to trade binary options, you need to engage the services of a binary options broker that accepts clients from your country e.g. check US trade requirements if you are in the United States. Here at bitcoinbinaryoptionsreview.com, we have provided all the best comparison factors that will help you select which trading broker to open an account with. We have also looked at our most popular or frequently asked questions, and have noted that these are important factors when traders are comparing different brokers:
What is the Minimum Deposit? (These range from $5 or $10 up to $250)
Are they regulated or licensed, and with which regulator?
Can I open a Demo Account?
Is there a signals service, and is it free?
Can I trade on my mobile phone and is there a mobile app?
Is there a Bonus available for new trader accounts? What are the Terms and
Who has the best binary trading platform? Do you need high detail charts with technical analysis indicators?
Which broker has the best asset lists? Do they offer forex, cryptocurrency, commodities, indices, and stocks – and how many of each?
Which broker has the largest range of expiry times (30 seconds, 60 seconds, end of the day, long term, etc?)
How much is the minimum trade size or amount?
What types of options are available? (Touch, Ladder, Boundary, Pairs, etc)
Additional Tools – Like Early closure or Metatrader 4 (Mt4) plugin or integration
Do they operate a Robot or offer automated trading software?
What is Customer Service like? Do they offer telephone, email and live chat customer support – and in which countries? Do they list direct contact details?
Who has the best payouts or maximum returns? Check the markets you will trade.
The Regulated Binary Brokers Regulation and licensing is a key factor when judging the best broker. Unregulated brokers are not always scams, or untrustworthy, but it does mean a trader must do more ‘due diligence’ before trading with them. A regulated broker is the safest option. Regulators - Leading regulatory bodies include:
CySec – The Cyprus Securities and Exchange Commission (Cyprus and the EU)
FCA – Financial Conduct Authority (UK)
CFTC – Commodity Futures Trading Commission (US)
FSB – Financial Services Board (South Africa)
ASIC – Australia Securities and Investment Commission
There are other regulators in addition to the above, and in some cases, brokers will be regulated by more than one organization. This is becoming more common in Europe where binary options are coming under increased scrutiny. Reputable, premier brands will have regulation of some sort. Regulation is there to protect traders, to ensure their money is correctly held and to give them a path to take in the event of a dispute. It should therefore be an important consideration when choosing a trading partner. Bonuses - Both sign up bonuses and demo accounts are used to attract new clients. Bonuses are often a deposit match, a one-off payment, or risk-free trade. Whatever the form of a bonus, there are terms and conditions that need to be read. It is worth taking the time to understand those terms before signing up or clicking accept on a bonus offer. If the terms are not to your liking then the bonus loses any attraction and that broker may not be the best choice. Some bonus terms tie in your initial deposit too. It is worth reading T&Cs before agreeing to any bonus, and worth noting that many brokers will give you the option to ‘opt-out’ of taking a bonus. Using a bonus effectively is harder than it sounds. If considering taking up one of these offers, think about whether, and how, it might affect your trading. One common issue is that turnover requirements within the terms, often cause traders to ‘over-trade’. If the bonus does not suit you, turn it down. How to Find the Right Broker But how do you find a good broker? Well, that’s where BitcoinBinaryOptionsReview.com comes in. We assess and evaluate binary options brokers so that traders know exactly what to expect when signing up with them. Our financial experts have more than 20 years of experience in the financial business and have reviewed dozens of brokers. Being former traders ourselves, we know precisely what you need. That’s why we’ll do our best to provide our readers with the most accurate information. We are one of the leading websites in this area of expertise, with very detailed and thorough analyses of every broker we encounter. You will notice that each aspect of any broker’s offer has a separate article about it, which just goes to show you how seriously we approach each company. This website is your best source of information about binary options brokers and one of your best tools in determining which one of them you want as your link to the binary options market. Why Use a Binary Options Trading Review? So, why is all this relevant? As you may already know, it is difficult to fully control things that take place online. There are people who only pose as binary options brokers in order to scam you and disappear with your money. True, most of the brokers we encounter turn out to be legit, but why take unnecessary risks? Just let us do our job and then check out the results before making any major decisions. All our investigations regarding brokers’ reliability can be seen if you click on our Scam Tab, so give it a go and see how we operate. More detailed scam reports than these are simply impossible to find. However, the most important part of this website can be found if you go to our Brokers Tab. There you can find extensive analyses of numerous binary options brokers irrespective of your trading strategy. Each company is represented with an all-encompassing review and several other articles dealing with various aspects of their offer. A list containing the very best choices will appear on your screen as you enter our website whose intuitive design will allow you to access all the most important information in real-time. We will explain minimum deposits, money withdrawals, bonuses, trading platforms, and many more topics down to the smallest detail. Rest assured, this amount of high-quality content dedicated exclusively to trading cannot be found anywhere else. Therefore, visiting us before making any important decisions regarding this type of trading is the best thing to do. CONCLUSION: Stay ahead of the market, and recover from all kinds of binary options trading loss, including market losses in bitcoin, cryptocurrency, and forex markets too. Send your request via email to - [email protected]
HOW TO TRADE BINARY OPTIONS ON THISOPTION BINARY EXCHANGE
Some people say cryptocurrency trades are hard. Some others hold the view that trading cryptocurrencies can be one of the sweetest ways of making money. Whichever way you view it, the truth is that cryptocurrencies have a lot of potentials. Besides, you will soon realize that Binary trading is one of the easiest only if you understood what it takes to trade cryptocurrencies that way. ADDRESSING THE CHALLENGES Considering the challenge some cryptocurrency traders have (I guess you may be having the issues) with binary trading; I deemed it fit to seek some viable solutions. I later found a veritable platform where you can trade on binary options without having to rack your brain or take more time than required to figure out the market direction. The name of that platform is Thisoption, and in this review, I will show you how you can start trading binary options on the platform. GETTING STARTED In this section, I will show you all you need to know about trading binary options, cryptocurrencies, FOREX, and stocks on Thisoption. It all starts with creating an account and following the subsequent steps; Step 1: Create an Account As mentioned earlier, everything you need to become a professional binary options trade starts with signing up for an account on the Thisoption binary exchange. To do that, you will need to provide your accurate details, as: -Full name -Email address -Create a new password and -Confirm your email address Have in mind that the Thisoption binary exchange has many things in store for you. For example, you stand a chance to receive a gift, as well as granted access to multiple trading tools immediately you sign up for an account. Step 2: Fund Your Account Once you’ve confirmed your email address and have access to your Thisoption binary exchange account, the next step would be to fund your account. Interestingly, it wouldn’t take you more than a few minute to do that because Thisoption has many payment methods that will work for you. Step 3: Do the Work This is where the major work starts. With the trading tools you already have, you can use the same to predict the movement of the market. By predicting the market direction, you will be qualifying yourself to make some money if your prediction comes out as expected. How to Predict Markets Predicting the direction of the binary market isn’t tasking as you might have been made to believe. Instead, it is one of the easiest things you can do. For example, there are 2 major ways you can predict market directions/movements. The first method is to use your many years of experience and the trading tools. The other is to seek the help of binary trade specialists on Thisoption who will help you make an accurate prediction. The Excellent Market Prediction Guide There are no two ways of predicting the movement of a binary market. As you may have known, it is all about buying and selling. Therefore, your major task is to predict whether a particular binary market will go up to make profits or go down to cause losses. Advantages of Predicting Binary Markets on Thisoption You can now see how easy it is to predict the direction of binary markets on Thisoption. Yet, there are some other things I think you should know about the platform. The first is that you can predict on many markets because Thisoption provides you with up to 100 assets. The second is that you can be confident of not being defrauded because the Thisoption binary exchange is regulated in some places. Finally, Thisoption has one of the fastest payout systems pegged at 1 hour. Therefore, withdrawing your earnings on binary predictions will be processed at the speed of light. Wrapping Up Thisoption just made binary trading easier and simpler for everyone. If you have been looking for ways to become a binary trader without many issues, Thisoption is the platform to rely on. The YouTube video below will also give you a proper guide to the Thisoption exchange; USEFUL LINKS ▶ ️ Extons: https://www.extons.io ▶ ️ THISOPTION: https://thisoption.com ▶ ️ Whitepaper: https://www.extons.io/whitepaper ▶ ️ Telegram: https://t.me/thisoption ▶ ️ ANN : https://bitcointalk.org/index.php?topic=5263768 ▶ ️ Medium: https://firstname.lastname@example.org AUTHOR’S DETAILS Bitcointalk Username- Vunchan Bitcointalk Profile link- https://bitcointalk.org/index.php?action=profile;u=2774784;sa=summary https://preview.redd.it/f0rivf1w2ck51.jpg?width=1080&format=pjpg&auto=webp&s=14cb21972b5af5d52d51390cf5b9d02f7ca88969 https://preview.redd.it/3fokoems2ck51.jpg?width=1080&format=pjpg&auto=webp&s=e86d18f111d8d34f4c885b41d2d9480fc0482659 https://preview.redd.it/4qhua7um2ck51.jpg?width=1080&format=pjpg&auto=webp&s=079be71d4d5ec10c2c9fc6ffc394573983d6e366
Summary of Tau-Chain Monthly Video Update - August 2020
Transcript of the Tau-Chain & Agoras Monthly Video Update – August 2020 Karim: Major event of this past month: Release of the Whitepaper. Encourages everyone to read the Whitepaper because it’s going to guide our development efforts for the foreseeable future. Development is proceeding well on two major fronts: 1. Agoras Live website: Features are being added to it, only two major features are missing 2. TML: We identified ten major tasks to be completed before the next release. Three of them are optimization features which are very important for the speed and performance features of TML. In terms of time requirements, we feel very good to stay on schedule for the end of this year. We also are bringing in two extra resources to help us get there as soon as possible. Umar: Been working on changes in the string relation, especially moving from binary string representation to unistring. The idea is that now rather than having two arguments in the term, you would have a single argument for the string. Thus, the hierarchy changes from two to one and that has an effect on speed and on the storage. So the first few numbers that we calculated showed that we are around 10% faster than with the binary string. There are some other changes that need to be made with regards to the string which he is working on. Tomas: Had to revise how we encode characters in order to be compatible with the internet. It also was the last missing piece in order to compute persistence. The reason is that the stored data has to be portable and if TML needs characters and strings internally in the same encoding as it stores its own data, we can map strings directly into files and gain lots of speed with it. The code is now pushed in the repository and can be tested. He’s also working on a TML tutorial and likely before next update, there should be something available online. Kilian: Transcribed past month’s video update. You can find it on Reddit. Also, he has done more outreach towards potential partner universities and research groups and this month the response rate was better than earlier, most likely because of the whitepaper release. Positive replies include: University of Mannheim, Trier (Computational Linguistics & Digital Humanities), research group AI KR from within the W3C (https://www.w3.org/community/aik) articulated strong interest in getting a discussion going, particularly because they had some misconceptions about blockchain. They would like to have a Q&A session with a couple of their group members but first it’s important for us to have them read the whitepaper to get a basic understanding and then be able to ask respective questions. Other interested parties include the Computational Linguistics research group of the University of Groningen, Netherlands and also the Center for Language Technology of the University of Gothenburg, Sweden. We also got connected to the Chalmers University of Technology, Sweden. Also has done some press outreach in combination with the whitepaper, trying to get respective media outlets to cover our project, but so far hasn’t gotten feedback back. Been discussing the social media strategy with Ohad and Fola, trying to be more active on our channels and have a weekly posting schedule on Twitter including non-technical and technical contests that engage with all parts of our community. Furthermore, has opened up a discussion on Discord (https://discord.gg/qZtJs78) in the “Tau-Discussion” channel around the topics that Ohad mentioned he would first like to see discussed on Tau (see https://youtu.be/O4SFxq_3ask?t=2225):
Definitions of what good and bad means and what better and worse means.
The governance model over Tau.
The specification of Tau itself and how to make it grow and evolve even more to suit wider audiences. The whole point of Tau is people collaborating in order to define Tau itself and to improve it over time, so it will improve up to infinity. This is the main thing, especially initially, that the Tau developers (or rather users) advance the platform more and more.
If you are interested in participating in the discussion, join our Discord (https://discord.gg/qZtJs78) and post your thoughts – we’d appreciate it! Also has finished designing the bounty claiming process, so people that worked on a bounty now can claim their reward by filling out the bounty claiming form (https://forms.gle/HvksdaavuJbu4PCV8). Been also working on revamping the original post in the Bitcointalk-Thread. It contains a lot of broken links and generally is outdated, so he’s using the whitepaper to give it a complete overhaul. With the whitepaper release, the community also got a lot more active which was great to see and thus, he dedicated more time towards supporting the community. Mo’az: Finished multiple milestones with regards to the Agoras Live website: 1. Question part where people post their requests and knowledge providers can help them with missing knowledge. 2. Have been through multiple iterations of how to approach the services in the website. How the service seeker can discover new people through the website. 3. Connected the limited, static categories on the website to add more diversity to it. By adding tags, it will be easier for service seekers to find what they are looking for. 4. Onboarding: Been working on adding an onboarding step for the user, so the user chooses categories of his interest and as a result, he will find the homepage to be more personalized towards him and his interests. 5. New section to the user profile added: The service that the knowledge provider can provide. Can be added as tags or free text. 6. Search: Can filter via free text and filter by country, language, etc. 7. Been working on how to display the knowledge providers on the platform. Andrei: Improved look of the Agoras Live front page: Looks more clean. Finetuned search options. Redesigned the header. It now has notification icons. If you query a knowledge provider for an appointment, he will receive a notification about the new appointment to be approved or rejected. You can also add a user to your favorites. Front page now randomly displays users. Also implemented email templates, e.g. a thank you email upon registration or an appointment reminder. What is left to do is the session list and then the basic engine will be ready. Also needs to implement the “questions” section. Juan: Has switched towards development of TML related features. Been working mainly on the first order logic support. Has integrated the formula parser with the TML core functionality. With this being connected, we added to TML quantified Boolean function solving capability in the same way as we get the first order logic support. It’s worth mentioning that this feature is being supported by means of the main optimized BDD primitives that we already have in the TML engine. Looking forward to make this scalable in terms of formula sizes. It’s a matter of refining the Boolean solution and doing proper tests to show this milestone to the community in a proper way. Fola: Have been discussing the feasibility of a token swap towards ERC20 from the Omni token with exchanges and internally with the team. Also has been discussing the social media strategy with Kilian. As we update with the new visual identity and the branding, it’s a good time to boost our social media channels and look ready for the next iteration of our look and feel. Continuing on the aspects of our visual identity and design, he’s been talking to quite a number of large agencies who have been involved in some of the larger projects in the software space. One being Phantom (https://phantom.land) who designed the DeepMind website (https://deepmind.com), the other one being Outcast (https://theoutcastagency.com) who have been working with Intel and SalesForce. We aren’t sure yet with which company we go but it’s been good to get insight into how they work and which steps they’d take into getting our project out to the wider audience. That whole process has been a lot of research into what kind of agencies we’d want to get involved with. Also, with the release of the whitepaper being such a big milestone in the history of the company, he’s been doing a lot of reading of that paper. We’re also looking to get more manpower involved with the TML website. Also going to hire a frontend developer for the website and the backend will be done according to Ohad’s requirements. Also, as a response of the community’s feedback towards the Omni deck not being user friendly, he did some outreach to the Omni team and introduced them to a partner exchange for Agoras Live. They have an “exchange-in-a-box” service which may help Omni to have a much more usable interface for the Omni Dex, so hopefully they will be working together to improve the usability of the Omni Dex. Ohad: Finished writing the community draft of the whitepaper. The final version will contain changes according to the community’s feedback and more elaboration on more topics that weren’t inserted in the current paper, including logics for law and about the full process of Tau. And, as usual, he’s been doing more research of second order logic, specifically, Boolean options and also analyzing the situation where the formulas in conjunctive normal form trying to extract some information from such a cnf. Also, what Juan mentioned about first order logic: People who are already familiar with TML will see that now with this change, the easiness of using TML got much more advanced. In first order formulas, expressing yourself has become much easier than before. Q&A: Q: What is the difference between Horn Second Order Logic and Krom Second Order Logic? A: Horn and Krom are special cases of cnf (conjunctive normal form). Conjunctive normal form means the formula has the form of n conjunction between clauses. This clause and this clause while each clause is a disjunction of atoms: It’s this or this or this or that. And now any formula can be written in conjunctive form. Any formula can be brought to this form. Krom is the case where each clause contains exactly two atoms and Horn is the case where at most one atom in every clause is positive – thre rest are negated, that’s the definition. Q: Now that the whitepaper has been released, how do you think it will affect the work of the developers? A: We see the whitepaper as being a roadmap of development for us, so it will essentially be the vision that we are working to implement. Of course, we have to turn it into much more specific tasks, but as you saw from the detailed progress from last month, that’s exactly what we do. Q: When can we expect the new website? A: We’ve just updated the website with the whitepaper and the new website should be launching after we get the branding done. There’s a lot of work to be done and a lot of considerations taking place. We have to get the graphics ready and the front end done. The branding is the most important step we have to get done and once that is complete, we will launch the new website. Q: What needs to be resolved next before we get onto a solid US exchange? A: With the whitepaper released, that’s probably been the biggest hurdle we had to get over. At this point, we still have to confirm some elements of the plan with the US regulators and we do need to have some sort of product available. Be that the TML release or Agoras Live, there needs to be something out for people to use. So, in conjunction with the whitepaper and approval from the US regulators, we need to have a product available to get onto US exchanges. Q: Does the team still need to get bigger to reach cruising speed, if so, how much by and in which areas? A: Of course, any development team would like to have as many resources as possible but working with the resources we that have right now, we are making significant progress towards the two development goals that we have, both the Agoras Live website and the TML engine. But we are bringing in at least two more resources in the near future but there’s no lack of work to be done and also there’s no lack of progress. Q: Will Prof. Carmi continue to work in the team and if so, in what capacity? A: Sure, Prof. Carmi will continue coordinating with us. Right now, he’s working on the mathematics of certain features in the derivatives market that Agoras is planned to have, and also ongoing research in relevant logic. Q: Will you translate the whitepaper into other languages? A: Yes, we expect translations of the whitepaper to occur. The most important languages that comprise our community, e.g. Chinese. What languages exactly, we cannot tell right now, but mainly the most prominent languages that comprise our community. Q: Is the roadmap on the website still correct and, when will we move to the next step? A: We will be revamping the website soon including the roadmap that will be a summary of what’s been published in the whitepaper but the old version of the roadmap on the website is no longer up-to-date. Q: What are the requirements for Agoras to have its own chain? A: If the question means why Agoras doesn’t have its own chain right now, well there is no special reason. We need to reach there and we will reach there. Q: When Agoras switches to its own chain, will you need to create a new payments system from scratch? A: No, we won’t have to. We will have to integrate with the new payment channel but that’s something we are planning to do anyway. We will be integrating with several exchanges and several payment channels so it won’t be a huge task. Most of the heavy lifting is in the wallet and key management which will be done on the client side but we’re already planning on having more than one payment gateway anyway so having one more is no problem. Q: When can we see Tau work with a real practical example? A: For examples of applications of TML, we are currently working on a TML tutorial and a set of demos. Two of our developers are currently working on it and it’s going to be a big part of our next release. Q: How can we make speaking in formal languages easier, with an example? A: Coming up with a usable and convenient formal language is a big task which maybe it’s even safe to say no one achieved up until today. But we solve this problem indirectly yet completely by not coming up with any language but letting languages to be created and evolve over time through the internet of languages. We don’t have any solution of how to make formal languages very easy for everyone. It will be a collaborative effort over Tau together to reach there over time. You can see in the whitepaper in the section 4.2 about “The Critical Mass and the Tau Chain Reaction”. Q: What are the biggest limitations of Tau and, are they solvable? A: TML cannot do everything that requires more than polynomial space to be done and there are infinitely many things like this. For example, you can look up x time or x space complete problems. We would want to say elementary but there is no elementary complete problem but there are complete problems in each of the levels of elementary. All those, TML cannot do because this is above polynomial space. Another drawback of TML which comes from the usage of BDDs is arithmetic. In particular, multiplication. Multiplication is highly inefficient in TML because of the nature of BDDs and of course BDDs bring so many more good things that even this drawback of slow multiplication is small compared to all the possibilities that this gives us. Another limitation, which we will emphasize in the next version of the whitepaper, is the satisfiability problem. The satisfiability problem of a formula without a model to ask whether a model exists – not a model checking like right now but to ask whether a model exists – this is undecidable already on very restricted classes as follows from Trakhtenbrot’s theory. So in particular, the containment problem, the scalability problem, the validity problem, they all are undecidable in TML as is and for them to be decidable, we need to restrict even more the expressive power and look at narrower fragments of the language. But again, this will be more emphasized in the next version of the whitepaper. Q: It looks years for projects such as Maidsafe to build something mediocre, why should Agoras be able to do similar or better in less time? A: Early on in the life of the Tau project, we’ve identified the computational resources marketplace as one of the possible applications of Tau, so it is very much on our roadmap. However, as you mentioned, there are some other projects, e.g. Filecoin, which is specifically focusing on the problem of storage. So even though it’s on our roadmap, we’re not there yet but we are watching closely what our competitors in this field are doing. While they haven’t yet delivered on their promise of an open and distributed storage network, we feel that at some point we will have more value to bring to the project. So distributed storage is on our roadmap but it’s not a priority for us right now but eventually we’ll get there. Q: What are the requirements in scalability, e.g. permanent storage etc.? A: We haven’t answered that question yet. Q: Will Tau be able to run on a mobile phone? A: Definitely, Yes. We’re planning on being available on all computational platforms, be it a server, laptop, phone or an iPad type of device. Q: Given a vast trove of knowledge, how can Tau determine relevance? Can it also build defenses against spam attacks and garbage data? A: Tau doesn’t offer any predetermined solution to this. It is basically all up to the user. The user will have to define what’s criminal and what’s not. Of course, most users will not bother with defining this but they will be able to automatically agree to people who already defined it and by that import their definitions. So bottom line: It’s really up to the users. Q: What are your top priorities for the next three months? A: Our goal for this year (2020) is to release a first version of Agoras Live and of TML. Q: Ohad mentioned the following at the start of the year: Time for us to work on Agoras. We need to create the Agoras team and commence work. We made a major improvement in one of Agoras’ aspects in the form of theatrical breakthrough but we’re not ready yet to share the details publicly. Is there any further news or progress with the development of Agoras? A: If the question is whether there has been more progress in the development of Agoras, specifically with regards to new discoveries for the derivatives market, then the answer is of course yes. Professor Carmi is now working on those inventions related to the derivatives market. We still keep them secret and of course, with Agoras Live, knowledge sharing for money is coming.
Immediate Edge Review, Is Immediate Edge SCAM Or Legit Trading App?
Immediate Edge Review: Is This Crypto Robot Legit or Scam Immediate Edge Review and investigation 20twenty. The Immediate Edge app is a crypto, forex and choices trading robot utilized by folks to automatically obtain and sell Bitcoin and create profits. Wanting at the website, many people claim it helped them move from rags-to-riches trading Bitcoin. Further, some claims linked it to Ronaldo and Sir Alex Ferguson https://preview.redd.it/rttn3i4hohm51.jpg?width=1280&format=pjpg&auto=webp&s=8f0dc345c3ace4032d571d44fabe356f13ff1a33 Is Immediate Edge app legit or scam? 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A binary option is a financial option wherein the payoff is particular fixed money or nothing at all. There are mainly two types of binary options cash-or-nothing and asset-or-nothing binary options. The cash-or-nothing binary option pays some fixed amount of cash if the option expires “in the money.” The asset-or-nothing binary option, however, only pays the value of the underlying securities. This option makes many people quickly lose money trading binary options. So what happens when you have lost money trading binary options? Recover from Binary Options How to Recover from Binary Options Lost or Scam with a Verified Recovery Expert. Have you been enticed to get entangled in trading binary options? Have you had any bad experience with binary options? Are you a victim of the famous binary options scam? “How do you recover from binary options scam?” It happens to lots of people, even professional, educated people and the elite. If you get swindled, the first thing to do is not to beat yourself up over it but act fast. More importantly, suicide is not an option, and we can always heal and recover from our loses once there is life. An unfortunate story of an Australian man who got himself entangled in binary options lost a lot of money and had the third mortgage on his house with a lot of other debts. And then he ended his life. There are a lot of somber stories of people who have lost it all to binary options and have no clue how to recover from binary options schemes and fake brokers. Firstly it goes without saying, it’s better to prevent, investigating the business and doing background checks is very necessary before any investment. Here are some tips to help you.
When investing, do proper research and make sure the broker you are working with has an appropriate regulation and licenses like ASIC, FCA, CySEC, CFTC, BaFIN, or other government regulators.
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Learn and do more research about the financial option you are planning to invest.
Listening to your broker is another mistake, as they have lost peoples money in many instances, the reverse of a brokers advice might be doing you better.
Check out the platform and use all their demo till you are skilled and never agree to add funds in a rush.
A lot of people have their first experience with binary options through a scam. Binary options trading scams are widespread, and recovering from binary options schemes might be very hard but not impossible. The binary options industry is steadily misused, and many scammers and thieves get away with a lot due to slack regulatory laws, shallow knowledge and negligence of victims. There are fake review websites that support and endorse these scams, so for a person with no trading experience, it is almost impossible to find the right path. A lot of people are getting duped and losing their money to these schemes. They have assured an income, but in actuality, they take their money and lose it deliberately. https://preview.redd.it/y9y274olp2j51.png?width=601&format=png&auto=webp&s=7e2f7c4667ae31cc5011c6a88713b111e14575b0 What to do if Scammed by Binary Options? The web has a lot of fraudulent binary options brokers. So once you realize you have been a victim of the scam, don’t panic! You will most likely go through guilting yourself and emotional distress. Your first step is to file a complaint to the customer services team. Always remember the risks involves in the trades, you can lose money as well as gain as much too. If you lose money or get scammed, you will be reminded of the risks. Documenting all that has happened is very important. The world would be better if we did not have thieves and people who create scams aiming to steal from us. The best move anyone can make is to educate themselves about possible scams and the way they work because they are everywhere and to be intelligent in the decisions made by them and the information they provide. These Con artists have found binary options a simple system to use their system to strip the money of unsuspecting casualties. This write-up will focus on educating you, on binary options scams and binary options scammers. 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Addressing Canada’s Employment Insurance Gap For Self-Employed Workers
Source: TD Ksenia Bushmeneva, Economist Dated July 15th, 2020
While the pandemic had devastated the overall labor market, workers in more precarious and non-standard work arrangements have been especially hard-hit.
Yet, many of these workers do not have access to employment insurance (EI) or run a higher risk than regular workers of not meeting qualification conditions. Only 64% of unemployed Canadians contributed to EI in 2018, meaning that millions would be left without financial assistance in the absence of the Canada Emergency Response Benefit (CERB).
Extending EI coverage to non-standard workers does have challenges. However, there is a growing understanding among many countries that these workers require social protection. More than two thirds of the OECD countries offer at least partial coverage for the self-employed. Their experience offers valuable lessons if Canada decides to follow suit.
The labor market recovery is likely to be uneven and protracted. This is especially true for self-employed and other non-standard workers, since their hours and incomes are more volatile and less protected. Having a more inclusive system with a broader contribution base, which accommodates non-standard workers but also includes a larger number of regular employees would help strengthen the recovery and build on economic gains achieved so far through the temporary CERB program.
The COVID-19 pandemic delivered a sudden and devastating blow to the Canadian labor market. Between February and April, millions of people lost their jobs as employment plunged by 16%. Unlike in previous recessions, the impact this time around has been disproportionately felt by workers in more precarious employment arrangements: part-time, temporary and self-employed, who are less likely to have access to unemployment insurance (EI). These types of work arrangement are more prevalent in the service sector industries, many of which have been hard-hit during this downturn. As of June, year-over-year (y/y) employment in part-time and temporary positions was down by 17% and 24%, respectively (Chart 1). For multiple job holders, employment fell by nearly 40%. By comparison, the 7% y/y decline in permanent positions seems relatively modest.
As dramatic as these declines are, they may still under-represent the pandemic’s toll on employment and incomes. Notably, overall hours worked fell more than employment during the months of lockdown and social distancing. This is especially true for non-standard workers who were more likely to work fewer hours than regular employees. For example, while self-employed workers saw only a 3% drop in employment since February, 43% of self-employed worked less than half of their usual hours in May (Chart 2). By comparison, among all employees, only 9% worked less than half of their usual hours. Moreover, self-employed people who were away from work were more hard-hit financially as they were far less likely to still be paid. Among incorporated self-employed workers with zero hours, less than 1 in 10 received pay compared to 1 in 4 for regular employees in the same situation.
As a result of the significant drop in hours worked, a far larger portion of the labor force was underutilized than suggested by the unemployment rate alone. While the official unemployment rate was 12.3% in June (equivalent to 2.45 million people), Statistics Canada noted that nearly 27% of the potential labour force was ‘underutilized’. The significant gap between the drop in the hours worked versus the more modest decline in employment helps to explain why 8.3 million of people have applied the Canada Emergency Response Benefit (CERB) (at any point during this crisis).
It is clear that self-employed and other non-standard workers were more impacted by the pandemic. Yet these workers usually have the least access to social safety nets, such as EI. Currently, EI unemployment benefits are mostly accessible to employees in the most traditional sense of the word: those that work full-time in a permanent positions for a single employer. By contrast, self-employed workers are not eligible for EIi, and, while those in temporary, contract and part-time positions are eligible, they might not have a chance to accumulate enough insurable hours to qualify because their work arrangements are less stable. Due to lack of EI coverage and significant loss of hours, nearly 40% of self-employed workers applied for CERB benefits, while only 12% and 5% of private and public employees did (Chart 3).
The reasons why some workers, such as those that are self-employed, are excluded are rooted in the design of the EI program. The program is based on insurance principles, with both employers and employees paying into it through mandatory contributions. The corollary is that those workers who have not paid in, as well as those who have left voluntarily without just cause, are disqualified. Contributions are also intended to make the program self-sufficient in the long-run as has been the case in Canada in recent years. In the case of self-employed workers, there’s also an issue of moral hazard when it comes to determining what represents a valid job separation (more on this in the section below: “What Complicates Offering EI Coverage For Non-Standard Workers”). For this and other reasons, many non-standard workers are currently ineligible for unemployment insurance.
These gaps in coverage have been growing as the job market has steadily tilted towards more non-standard work arrangements. In 2018, only 64% of unemployed Canadians had contributed to EI.ii Even among workers who have contributed, only 88% had accumulated enough insurable hours to qualify for benefits, which, depending on the regional level of unemployment, ranges between 420-700 hours in the 52-week period. The combined influence implies a relatively low EI coverage ratio for Canadian workers – out of 1.1 million Canadians who were unemployed in 2018, only 56% were eligible for EI.1 The share of unemployed workers who actually received EI benefits is even lower, averaging slightly above 40%.2 This is considerably below the median coverage among developed counties, which is around 60%.3
Due to data limitations and because non-standard workers include many different types of employment arrangements which may overlap, it is difficult to know with precision the prevalence of non-standard work in Canada. About 15% of Canadian workers are self-employed, while 17% work part-time. In 2016, Statistics Canada estimated that gig workers (self-employed freelancers, on-demand online workers and day labourers) accounted for roughly 8%-10% of Canadian workers. About half of those workers were relying exclusively on their gig income and had no other employment, making them ineligible for EI benefits.4
The low coverage rate and other limitations of the current EI system have been highlighted extensively in other research literature.5 For example, the fact that benefit eligibility and generosity varies geographically across Canada implies that there’s significant variability in coverage rates across provinces. EI coverage ratios are particularly low in Ontario, British Columbia and Alberta – all three provinces which also have above-national prevalence of self-employment (see Charts 4).6
In order to mitigate these shortcomings in the near term, the Canadian government rolled out the CERB program. Compared to EI, CERB qualification rules are very straightforward and were a quick means to provide financial assistance to an extremely broad and large number of applicants that included previously uninsured workers. CERB’s eligibility replaced the insurable hours threshold with a low and uniform income threshold, with anyone over the age of 15, having earned more than $5,000 in income in 2019 and who have lost their job or hours due to COVID-19. This had provided a helping hand to millions of non-standard workers in Canada. However, it has come with a steep price tag: in just three months since it was launched the government had already paid out $55 billions in benefits (as of July 5th) – nearly three times last year’s annual spending on EI and $28 billion more than it had predicted at the conception of the program.
CERB coverage was originally offered for 16 weeks, and was recently extended for an additional 8 weeks. However, it will start expiring in September for the earliest recipients, long before the labour market and certain industries are back to health. Unless adjustments are made to the EI program to accommodate non-standard workers, many of them may suddenly find themselves without unemployment assistance.
What Complicates Offering EI Coverage For Non-Standard Workers
Limited social protection for self-employed and other non-standard workers is not an issue unique to Canada. In most developed countries, non-standard workers have lower social protection compared to regular employees, with unemployment benefits being the least accessible benefit (Charts 5-8). Why is that and what makes implementation of unemployment insurance coverage for self-employed workers challenging for policymakers?
First of all, providing unemployment insurance for self-employed workers (and other non-standard workers) raises the issue of moral hazard. Put another way, presence of EI coverage may change behavior of self-employed workers making them less likely to take on work and more likely to remain unemployed. Non-standard workers tend to have more variable income, and they are far more likely to have lower future earnings than regular employees due, for example, to smaller assignments and contracts, or flexible pricing on various labor platforms (e.g. Uber). Lower expected future earnings could prompt them to quit in favor of EI benefits. More volatile earnings also make it more challenging to determine the appropriate income replacement rate. However, one solution to this could be to use income averaged over a period of time.
Secondly, for regular workers, reasons for leaving a job are transparent and can be verified with the employer. This is difficult to achieve in the case of non-standard workers. For example, if they avoid smaller assignments, then they will lose work but this will be impossible for government agencies to determine.
Some countries (e.g. Sweden, Austria, Slovakia, Spain) offer a voluntary option for self-employed workers to enroll into an employment insurance plan. However, a voluntary arrangement raises the issue of adverse selection. Workers with the highest risks or those that are most likely to make a claim have the greatest incentive to join, which limits the risk-sharing aspect of the program.
Adverse selection is something that Canada experienced first hand when it introduced the Special Benefits for Self-employed Workers (SBSE) in 2010 through the EI system, which allowed self employed workers to opt-in to gain access to maternity and parental benefits, sickness benefits and compassionate care and caregiver benefits. A 2016 program review study found that the characteristics, such as gender, age and income, of the self-employed workers who participated in the SBSE program were considerably different from the general sample of self-employed workers. In focus group studies, participants also indicated that the likelihood of making a claim was an important consideration for their decision to register for the benefits.7 Other issues with the voluntary scheme included a relatively low take-up rate, which in turn led to relatively high administration costs and required significant government subsidies to cover benefit payouts. Longer-run, low coverage is problematic for voluntary, contributions-financed, unemployment insurance schemes, as adverse selection could lead to a vicious cycle of rising insurance premiums and falling coverage. Meanwhile, achieving high coverage may require significant public subsidies because individual willingness to voluntarily pay for unemployment protection appears to be low.8 For those reasons, voluntary coverage schemes do not appear to work well in the case of non-standard workers.
Lastly, the current EI system is based on contributions from both employees and employers. In the case of the self-employed, it is not clear who will pick up the tab for the employer portion of the contribution. If the government subsidizes the employer portion, it could create adverse incentives for employers to hire a self-employed worker to reduce non-wage related labor costs. However, a lack of coverage for non-standard workers could also lead to this outcome, contributing to a rise in non-standard forms of employment. For example, in Italy, para-subordinate workers (self-employed but highly depended on one or very few clients) used to pay significantly lower pension contributions and were not eligible for unemployment and sickness benefits, resulting in significantly lower non-wage labor costs and a rising number of para-subordinated workers. In response to this Italy had gradually increased their contribution rates and expanded coverage. Levelling the playing field led to a significant decline in the prevalence of this type of employment. Austria had a similar experience with independent contractors.
Some Solutions Based on The International Experience
Despite the challenges in expanding unemployment insurance to non-standard workers, there is a growing understanding among many countries that the growing share of non-standard workers need social protection. As a result, more than two thirds of the OECD countries now offer at least partial unemployment benefits to self-employed workers. There’s a great variety of schemes, ranging from mandatory to partial and voluntary coverage, and no two are exactly alike. Still, their experience offers valuable lessons for Canada if it wishes to incorporate self-employed (and potentially other non-standard) workers into its EI system.
So what are some of the solutions of dealing with the higher moral hazard issue for non-standard workers? Lower level of EI benefits or a more restrictive access could be imposed in order to incentivize individuals to search for work or to keep their current job, and to offset higher level of moral hazard. In Sweden, for example, the moral hazard issue is mitigated through more restrictive access, allowing self-employed workers to claim benefits only after 5 years have passed since the previous claim. There is also a requirement that the firm has been shut down, which acts as an additional deterrent.
To mitigate adverse selection, upon starting a business, self-employed individuals in Austria have six months to decide whether they would like to participate in the voluntary unemployment insurance scheme, and that decision is binding for 8 years. In Canada, only half of startups survive to their eight-year anniversary, so there is a high likelihood EI could be used at least once by many self-employed business owners during this time period.10
Generally speaking, based on the OECD review,11 there appears to be a consensus that voluntary coverage schemes, particularly the ones with little or no commitment, such as Canada’s EI SBSE for the self-employed, are quite rare and do not work well to accommodate non-standard employment due to prevalent adverse selection, low participation and the significant public subsidies required to operate them.
On the other hand, mandatory EI contributions and coverage, like the one that currently exists for regular employees, would resolve the issue of adverse selection, hold more closely to the principle of risk sharing within their peer groups, and help to lower program costs. However, results from past surveys conducted in Canada found that there was little support among the self-employed for a mandatory contribution scheme.12 Due to the nature of their work, many self-employed workers indicated a preference to minimize their absence from work (to avoid the risk of losing clients etc.) suggesting that, unless their contribution rates are significantly lower, self-employed workers may get less “value-for-money” from EI programs, such as for example maternity/paternity leave, than traditional employees. The less predictable nature of their income means that they are likely more in need of an income protection program rather than employment insurance.
Indeed, based on surveys, their preferred financing option for temporary work/income disruptions was a tax-sheltered savings account.13 This is another viable alternative to contributions-funded EI, however, the downside is that individual contribution rates would need to be significantly higher in order to generate sufficient savings because there will be no splitting of contribution between employers and employees. There is also a risk that individuals, particularly those in part-time or low-income jobs, may not be able to accumulate sufficient savings to weather the unemployment or low-earnings spell.
For other non-standard workers, such as those with flexible hours or doing work for an online platform, one solution would be to introduce a wage premium for employees doing flexible work. This would compensate workers for the added income uncertainty. In Australia, for example, casual workers are entitled to a wage premium or have a minimum hours guarantee.
Lastly, if the goal is to make social protection more universal and harmonized across all forms of employment, a means-tested social protection system financed through general taxation, similar to that of Australia and New Zealand, could be adopted. However, moving to these systems would require a complete overhaul of Canada’s current contribution-based EI.
The labor market recovery is likely to be uneven and protracted. Even those workers that were able to return to work could remain underutilized and continue to face lower earnings due to social distancing restrictions and weaker consumer demand for a considerable period of time. This is especially true for self-employed and other non-standard workers, since their hours and incomes are more volatile and less protected. The rollout of CERB during the pandemic has been very helpful to address gaps in coverage within the current EI system. However, looking ahead, a more sustainable and permanent solution is required for workers outside the EI system. Having a more inclusive system with a broader contribution base, which accommodates non-standard workers but also includes a larger number of regular employees through more inclusive qualification criteria would help strengthen the recovery and maintain economic gains that were so far accomplished through CERB.
The traditional EI system is based on a binary choice of whether or not someone has a job. It is clear that with non-standard forms of employment becoming more prevalent, fewer people fit into that box. These workers need some form of insurance against joblessness as well as income volatility both during the current economic recovery and in the future to address the changing nature of employment relationships. Many OECD countries now offer various options for non-standard workers to participate in unemployment insurance systems, and their experience offers valuable lessons if Canada decides to follow suit.
Since 2010 self-employed workers can voluntarily participate in EI Special Benefit for Self-Employed Workers (SBSE) to gain access to many life event-type benefits accessible to regular employees, such as maternity and paternity leave programs, leave due to sickness or to care for an sick family member. In addition to this, current EI system allows certain exceptions for some non-standard workers. For example some individuals who work independently as barbers, hairdressers, taxi drivers, drivers of other passenger vehicles are eligible to receive benefits through the regular EI program. Fishermen are also included as insured persons under the EI Fishing Regulations. In the case of the self- employed fishermen, EI qualification is tied to income. In order to qualify for up to 26 weeks of benefit, they need to have earned between $2,500 to $4,200 in the last 31 weeks.
The two main reasons for not contributing to the EI program were not having worked in the previous 12 months, and non-insurable employment (which includes self-employment).
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As 2020 continues to unravel with people worried about their health, livelihoods, jobs and general way of life, one thing at least can remain constant - Groestlcoin's release schedule. We at the core Groestlcoin team really hope everyone is doing well and coping with what 2020 is throwing at us all. For anything to change in this world, major and seemingly dramatic change and chaos unfortunately needs to first ensue but rest assured everyone will come out of 2020 much stronger people! The Groestlcoin team have been working on a vast amount of new technology during these uncertain periods which we would like to share with you today. Groestlcoin Core 19.1 The full list of changes in Groestlcoin Core 19.1 are too long to list here so we won't bore those who do not want to see every slight change here. For that, please go to https://github.com/Groestlcoin/groestlcoin/blob/2.19.1/doc/release-notes/release-notes-2.19.1.md. Instead we will list a general list of changes here. We recommend upgrading to this version if you are running a full node yourself.
New User Documentation
New and updated RPCs
New Settings Implemented and other settings updated
RPC and configuration options removed or deprecated
Various low-level changes
How to Upgrade?
If you are running an older version, shut it down. Wait until it has completely shut down (which might take a few minutes for older versions), then run the installer.
If you are running an older version, shut it down. Wait until it has completely shut down (which might take a few minutes for older versions), run the dmg and drag Groestlcoin Core to Applications. Users running macOS Catalina need to "right-click" and then choose "Open" to open the Groestlcoin Core .dmg.
https://github.com/Groestlcoin/groestlcoin Zeus GRS iOS Wallet Release Zeus GRS: A mobile Groestlcoin app for Lightning Network Daemon (LND) node operators. To use Zeus, you must have a running Lightning Network Daemon (LND). You must provide Zeus GRS with your node's hostname, port number, and the LND macaroon you choose to use (hex format). If you're running a Unix-based operating system (eg. macOS, Linux) you can run xxd -ps -u -c 1000 /path/to/admin.macaroon to generate your macaroon in hex format.
• Scan LNDconnect functionality • Dark and light theme • Option to lock app with a pin • Open Source • Connect to your node - Zeus GRS let's users connect to their existing Lightning node, allowing them to send, receive and manage their channels. • Multiple Wallets - Zeus GRS allows users to create and control as many wallets as they'd like.
https://github.com/Groestlcoin/zeus HODL GRS iOS Wallet Release HODL GRS connects directly to the Groestlcoin network using SPV mode, and doesn't rely on servers that can be hacked or disabled. HODL GRS utilises AES hardware encryption, app sandboxing, and the latest security features to protect users from malware, browser security holes, and even physical theft. Private keys are stored only in the secure enclave of the user's phone, inaccessible to anyone other than the user. Simplicity and ease-of-use is HODL GRS's core design principle. A simple recovery phrase (which we call a Backup Recovery Key) is all that is needed to restore the user's wallet if they ever lose or replace their device. HODL GRS is deterministic, which means the user's balance and transaction history can be recovered just from the backup recovery key.
• Simplified payment verification for fast mobile performance • No server to get hacked or go down • Single backup phrase that works forever • Private keys never leave your device • Import password protected paper wallets • Payment protocol payee identity certification • Apple Watch support This application is licensed under MIT. There is no warranty and no party shall be made liable to you for damages. If you lose coins due to this app, no compensation will be given. Use this app solely at your own risk.
• Multi-currency, Supporting more than 20 FIAT currencies.
Multi-language, Supporting more than 20 languages.
Export TXHEX - You can get your transaction HEX (TXHEX) without broadcasting it, and only do it with the relay of your choice.
Be in control - On your Groestlcoin wallet your private keys never leave your device.
Multiple wallets support - This wallet aims to support the highest wallet standards. Currently supporting HD, HD Segwit, HD BECH32, Native SegWit, Legacy single-address, SegWit single-address, and this app allows you to have as many wallets as you need on a single app instance.
HD wallets - The Hierarchical Deterministic (HD) key creation and transfer protocol (BIP32), which allows creating child keys from parent keys in a hierarchy. The HD Wallets will generate you different public keys for each transactions.
• SegWit - SegWit enabled by default • Full encryption - On top of the phone multi-layer encryption, GRS Bluewallet can encrypt everything with an added password. Biometric security (touch ID, Face ID) is not safe, so you will have an additional password to encrypt your wallet instead. • Plausible deniability - A custom made feature thinking about your personal security. GRS Bluewallet allows you to define a different password which will decrypt a fake wallet set up. For any situation you are forced to disclose your access or when you don't want or you can't show your real wallet. • Open Source under the MIT License. • Watch-only wallets - Watch-only wallets allows you to keep an eye on your cold storage without touching your private key. Easily import your address or xpub and watch it from your app without ever touching it. • Lightning Wallets - Wallets with support for the Lightning Network Protocol. Unfairly cheap and fast transactions. You can send, receive and refill your wallets. • Bump and Cancel transactions - Ability to bump and cancel sent transactions with "Replace-by-fee" (RBF) and ability to Bump received transactions with "Child-pays-for-parent" (CPFP) on Native Segwit wallets (bech32/BIP84). • Plug-in your Groestlcoin Full node new - Ability to plug-in your own Groestlcoin Full node through Electrum Personal Server (EPS), ElectrumX or Electrs. Don't trust, verify for a maximum sovereignty. This application is under MIT license. There is no warranty and no party shall be made liable to you for damages. If you lose coins due to this app, no compensation will be given. Use this app solely at your own risk.
https://github.com/Groestlcoin/bluewallet GRS Lightning Wallet Released GRS Lightning: An easy-to-use cross-platform Groestlcoin Lightning wallet GRS lightning leverages Neutrino to give users a lightweight option to control their own funds, as opposed to running a full node or trusting a third party to play custodian. Features • A User Experience for Everyone • Fully Non-Custodial with LND • Powered by Neutrino and Autopilot • Open Source
This is still early technology and there's a risk of losing all of your funds. We recommend not putting in more money than you are willing to lose. Using the same mnemonic seed between installations or device is not recommended. Keep the app open till its fully synced, this will take a WHILE.
• Provides a fully functional wallet interface, allowing you to send and receive funds across the Lightning Network with ease. • The user interface is responsive and will adapt to fit any web enabled desktop, tablet or mobile device. • You can search the Lightning Network graph, manage peer connections and open & close channels with ease. • The plugin has QR support, enabling basic encoding & decoding of QR codes. • GRS LND For WP also adds a number of WordPress 'short codes', allowing you to embed LND functionality directly in your website pages and posts.
GRS LND For WP can be installed directly from WordPress. Simply navigate to the 'Plugins -> Add New' page and search for 'GRS LND For WP'. You can also view GRS LND For WP on the WordPress.org Plugin Directory To install the plugin manually using source code from this repository: Download the latest plugin release from this repository. Browse to the 'Plugins -> Add New' page of your WordPress admin panel. Click the 'Upload Plugin' button, select 'Browse' and choose the release .zip that you downloaded in step 1. Press 'Install Now'. On the next screen, press the 'Activate' button to turn on the plugin. You're done. You should now see the 'GRS LND For WP' link on your WP admin navigation menu.
https://github.com/Groestlcoin/grs-lnd-for-wp GRS Unstoppable Wallet - Android MainNet and TestNet Unstoppable GRS is open source non-custodial fully decentralised wallet. The engineering process behind this wallet is radically driven by libertarian principles. Exclusive control over what is yours.
• Control your crypto - Unstoppable GRS is a non-custodial wallet. The private keys never leave your phone. • Keep your crypto safe - When you enable the lock code on your phone's operating system, no one will be able to access your wallet funds even if your phone is stolen or lost. In case of a device loss, Unstoppable GRS makes it easy to restore your wallet on another device. • Be independently unstoppable - Unstoppable GRS was engineered to remain online and fully-functional indefinitely. Transfer Groestlcoins regardless of local government regulations. No entity can stop you from sending or receiving crypto or force Unstoppable GRS to stop working. Finally, you have a secure crypto wallet to spend Groestlcoin, and send & receive crypto. • Stay private - With Unstoppable GRS you are connecting directly to decentralised blockchains without any restrictions or intermediaries. Only you can see your assets. There are no accounts, emails, phone numbers, identity checks, or third-party servers storing any private data. This application is under MIT license. There is no warranty and no party shall be made liable to you for damages. If you lose coins due to this app, no compensation will be given. Use this app solely at your own risk.
https://github.com/Groestlcoin/unstoppable-wallet-android Groestlcoin Esplora Block Explorer Released (Mainnet and Testnet!) Groestlcoin Esplora is an open-source Groestlcoin blockchain explorer. This JSON over RESTful API provides you with a convenient, powerful and simple way to read data from the Groestlcoin network and build your own services with it.
• Explore blocks, transactions and addresses • Support for Segwit and Bech32 addresses • Shows previous output and spending transaction details • Quick-search for txid, address, block hash or height by navigating to /<query> • Advanced view with script hex/assembly, witness data, outpoints and more • Mobile-ready responsive design • Translated to 17 languages • Light and dark themes • Noscript support • Transaction broadcast support • QR scanner • API support Groestlcoin Esplora is licensed under MIT. There is no warranty and no party shall be made liable to you for damages. If you lose coins due to Esplora, no compensation will be given. Use Groestlcoin Esplora solely at your own risk.
• Custom HD key derivation added • Added Esplora support Live version available at https://www.groestlcoin.org/webwallet. But it is recommended to download the webwallet offline and run it on your pc. Open index.html to get started. The built-in wallet can be used with any (non) existing mail address and any password. This application is licensed under MIT. There is no warranty and no party shall be made liable to you for damages. If you lose coins due to this app, no compensation will be given. Use this app solely at your own risk.
Remember the mail address and password you used otherwise you will lose your funds.
https://github.com/groestlcoin/webwallet Groestlcoin LND Updated to v0.10 The Lightning Network Daemon (LND) is a complete implementation of a Lightning Network node. Lnd has several pluggable back-end chain services including grsd (a full-node), groestlcoind, and neutrino (a new experimental light client). The project's codebase uses the grssuite set of Groestlcoin libraries, and also exports a large set of isolated re-usable Lightning Network related libraries within it.
• Macaroon Bakery • Multi-Path Payments • Weakness Addressed by MPP • Single-Shot MPP Payments by Default • Custom Onion-Tunneled TLV Payment Metadata Records • New Payment Type: keysend • First-Class Rebalancing via Circular Payments to Self • Local balance check • Privacy Enhancement • Validate Sorted Uncompressed Short Channel IDs • Add payment_secret to BOLT 11 Payment Requests • Cross-Implementation Protocol Compatibility Fixes • Decoupled Min HTLC Settings • Option Upfront Shutdown Support • Sweep Small Outputs • Autopilot External Score Trigger • Channel Fitness Tracking • Pathfinding Improvements • Deeper Feature Bit Inspection • Updates to Default gRPC Settings • Uniform lncli Hex-Encoding • Updates to QueryRoutes • New RPC Calls • Default unsafe-disconnect Setting and Deprecation • Peer to Peer Gossip • Invoice Handling • Channel State Machine • On-Chain Contract Handling • Architectural Changes • Multi-Path Payments Sending Support • Payment tracking • Lifted Invoice Limit • PSBT Funding • Anchor commitment format • Watchtowers tor support
https://github.com/Groestlcoin/lnd/ Groestlcoin Eclair Updated to v 0.3.3.0 Groestlcoin Eclair (French for Lightning) is a Scala implementation of the Lightning Network. It can run with or without a GUI, and a JSON API is also available. Groestlcoin Eclair requires Groestlcoin Core 2.17.1 or higher. If you are upgrading an existing wallet, you need to create a new address and send all your funds to that address. Groestlcoin Eclair needs a synchronised, segwit-ready, zeromq-enabled, wallet-enabled, non-pruning, tx-indexing Groestlcoin Core node. Groestlcoin Eclair will use any GRS it finds in the Groestlcoin Core wallet to fund any channels you choose to open. Eclair will return GRS from closed channels to this wallet. You can configure your Groestlcoin Node to use either p2sh-segwit addresses or BECH32 addresses, Groestlcoin Eclair is compatible with both modes.
• Multipart payments • Trampoline Routing Preview This application is licensed under Apache. There is no warranty and no party shall be made liable to you for damages. If you lose coins due to this app, no compensation will be given. Use this app solely at your own risk. Groestlcoin Eclair is developed in Scala, a powerful functional language that runs on the JVM, and is packaged as a JAR (Java Archive) file. We provide 2 different packages, which internally use the same core libraries:
eclair-node (headless application that you can run on servers and desktops, and control from the command line)
https://github.com/Groestlcoin/eclai Groestlcoin C-Lightning Updated to v0.8.2 C-lightning: A specification compliant Lightning Network implementation in C. C-lightning is a lightweight, highly customisable and standard compliant implementation of the Lightning Network protocol.
• We now support gifting mgro to the peer when opening a channel, via push_msat, providing a brand new way to lose money!
Invoice routehints can be overridden using exposeprivatechannels:
• Wallet withdraw transactions now set nLocktime, making them blend in more with other wallets.
• Preliminary support for plugins hooks which can replace the default groestlcoin-cli with other blockchain querying methods (API may change in future releases though!). • listforwards now records the outgoing short_channel_id, even if it wasn't possible to start forwarding. • Plugins can set additional feature bits, for more experimentation. • More than one plugin can register for the htlc_accepted hook: others will become multi-user in future releases. • Prevent a case where grossly unbalanced channels could become unusable. • New config option --large-channels (also known as 'wumbo') which enables opening channels of any size. (Note that your peer must also support large channels.) • This release includes a keysend plugin, which will enable receiving 'keysend' payments, as first introduced by Lightning Labs. Note that the included keysend plugin is receive only for this release. Nodes which do not want the hassle of spontaneous unrequested payments should add 'disable-plugin=keysend' to their config! • We'll now announce multiple connection endpoints for a single 'type', e.g. multiple IPv4 addresses. • Big performance improvement in the pay command (~1s speedup on average). • c-lightning nodes can now participate in creating larger channels (with the --large-channel config option). • We now wait until the first payment through a channel before updating the feerate; this should help with some spurious closures at channel open or re-connect that were occurring against older versions of other implementations. • A new command getsharedsecret for getting the BOLT-compliant shared secret finding for a node and a point. • Facilities for building rendezvous compatible onions has been added to the onion devtool. • Plugin options will now respect the type they were given in the manifest. • Fixes with plugin cleanups and hangs. • Python2 has been removed as a dependence.
https://github.com/Groestlcoin/lightning Groestlcoin SparkWallet Updated to v0.2.14 Groestlcoin Spark Lightning Wallet Android: A minimalistic wallet GUI for c-lightning in Android. Groestlcoin Spark is currently oriented for technically advanced users and is not an all-in-one package, but rather a "remote control" interface for a c-lightning node that has to be managed separately.
• Fix bug with missing channel reserve • Fix channels view • Detect if the "base directory" is provided and default to the Groestlcoin mainnet network subdirectory within in. • Don't display unconfirmed onchain balance • Fix: Some QR codes not read properly in the web QR scanner • Fix: Resolve TLS issues with NodeJS 10 • Electron: Update to v8 • Fix bug in automatic credentials generation • Fix Android crashes caused by plugin-local-notifications • Cordova Android: Allow connecting to server in cleartext This application is licensed under MIT. There is no warranty and no party shall be made liable to you for damages. If you lose coins due to this app, no compensation will be given. Use this app solely at your own risk.
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