Crypto Currency Investors Thread - Investment (3778)

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Re: Crypto Currency Investors Thread by AngelSlay: 3:40pm On Jul 09

What Is Shamir’s Secret Sharing?

Shamir's Secret Sharing scheme uses an algorithm in cryptography to safely distribute parts of highly sensitive data among a network or group to prevent unauthorized access to the data. The data is divided into smaller parts called shares which are then distributed into a group or network. This scheme is named after a prominent Israeli cryptographer, Adi Shamir.

Shamir's Secret Sharing helps significantly reduce the chances of failing to decrypt the sensitive information distributed on the network. It is due to a feature that allows decryption of the information without needing all the shares. Instead, a number lower than the total number of shares called the threshold is set which greatly reduces the chance of a failure if certain parties of the network are unavailable.

Example

Let’s assume a company called ABC with 12 members wanting to safeguard a vault using Shamir’s Secret Sharing. The key to the vault is encrypted and is divided into 12 parts, called shares. These shares are then distributed to the members on the network, meaning that the vault would require a certain number of these members to allow access. Now, due to the threshold feature, even if one or two members are not available at a specific time, the vault could still be accessed with the presence of the other members. This helps to mitigate the risk of failing to decrypt the passcode while keeping the vault safe and secure.

The Process of Forming Shares

Shamir’s Secret Sharing is developed through a complex algebraic algorithm that estimates unknown values in a gap between two points. It is called polynomial interpolation. What this means is that the algorithm encodes the information needed to be encrypted into a polynomial expression. This is basically the dividing phase before distributing it through the network to the members. Instead of requiring all the members, only the threshold number is needed which provides enough data points to correctly estimate the values between the gaps in the encrypted shares.

Re: Crypto Currency Investors Thread by AngelSlay: 3:40pm On Jul 09

Low cap projects i am convinced will perform well during the bull run.

$OGPU (next solana)
$HASHAI
$YAI
$FUXE
$CODEX
$SVPN
$DEFEND
$XEON
$ZKLK
$LAN
$PAAL

Re: Crypto Currency Investors Thread by AngelSlay: 3:42pm On Jul 09

AboutMarty:
I have $6 worth of Solana to sell on my Phantom wallet. I want to sell it off so I can get the naira equivalent. Who needs it?

I need it provided you willing to sell at 1250

Re: Crypto Currency Investors Thread by iLegendd(m): 5:15pm On Jul 09

All these coins with poor tokenomics that love to rise faster than others are traps. Celestia has big promises, but the tokenomics suck, so it's a sh!t coin. I shorted and will soon be out.

6 Likes 3 Shares

Re: Crypto Currency Investors Thread by GRACEGLORY: 6:37pm On Jul 09

GRACEGLORY:
Pyth coming to Binance should be taken seriously.

The chain link of Solana

11:39am On Feb 02

1 Like

Re: Crypto Currency Investors Thread by GRACEGLORY: 8:37pm On Jul 09

GRACEGLORY:

First target hit, and rejected. Another attempt.

I'm not a gambler

Attempted again!

1 Like 2 Shares

Re: Crypto Currency Investors Thread by Fastt: 9:33pm On Jul 09

LincolnOnyeabor:

My boss, that your last line in People lacking Back up money is just Gospel Truth!

See Notcoin na

If man had funds, I would have bought a very big bag and left it till early Next Year.

You will learn. Once a coin pumps out of 19000 coins, you start seeing I should have bought...can I buy and leave it a year ... Etc. if you had funds, you would have been scared to buy thinking it will dump more with btc. One yr investment for an alt? You go learn. Shit coins don't have defined time to sell. You sell when you see good profit, profit or entering down into a big hole. Run oh .

All those 2021 traders here that was carrying bags to offload after 5yrs grin

. We no see them again, coins don vanish. Delist . It's well.

7 Likes

Re: Crypto Currency Investors Thread by GRACEGLORY: 10:22pm On Jul 09

GRACEGLORY:

Attempted again!

#BTC has to cross the $58k barrier. Price will probably return to the $55.8k support range if rejection persists @$58K, but flipping the $58K, will lead to my second Target @$60K.

Good night

5 Likes 1 Share

Re: Crypto Currency Investors Thread by pafra(m): 5:45am On Jul 10

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#REVOX #binanceweb3 @ReadOnMe3 https://revox.readon.me/

You must have up to 3 bnb to participate in this air drop on .binance web 3 only.

You have to login daily for next the next 20 days or less when this token is to be lunch to get rewarded.

Compensate yourself.

Re: Crypto Currency Investors Thread by Siberia01(m): 6:51am On Jul 10

So we have the same scenario from last week
Is it a pull back from a down trend ?
Or the market is doing its recovery undecided

Who knows?...
I bought some more and a keep a larger chunk of stables for a possible crash...
If it leaves me I don't care
I want to get in at 51k

Re: Crypto Currency Investors Thread by clems88(m): 8:00am On Jul 10

You can now use your Payoneer card for binance once again cheesy

4 Likes

Re: Crypto Currency Investors Thread by pafra(m): 8:11am On Jul 10

pafra:
Join our exciting REVOX airdrop campaign with Binance Web3 Wallet! Use my invite code T0XWH3 to earn REVOX $RGT AIRDROP! Find REVOX campaign on Binance Web3 Wallet.
#REVOX #binanceweb3 @ReadOnMe3 https://revox.readon.me/

You must have up to 3 bnb to participate in this air drop on .binance web 3 only.

You have to login daily for next the next 20 days or less when this token is to be lunch to get rewarded.

Compensate yourself.

The 3 BNB should be deposited in web 3 open BNB

Re: Crypto Currency Investors Thread by sweetveek(m): 8:28am On Jul 10

clems88:
You can now use your Payoneer card for binance once again

any arb opportunity there?

Re: Crypto Currency Investors Thread by SINisSIN(m): 8:30am On Jul 10

This $5 guy must be soaking garri now while hunting for another $5 to continue his million-dollar quest.

If it doesn’t go down, it will go up😒😒 yeye

Hold up!

1 Like

Re: Crypto Currency Investors Thread by clems88(m): 11:35am On Jul 10

sweetveek:
any arb opportunity there?

I don't think so

Re: Crypto Currency Investors Thread by Robnectar(m): 11:56am On Jul 10

Re: Crypto Currency Investors Thread by GRACEGLORY: 11:59am On Jul 10

GRACEGLORY:

First target, $58K, if it's able to flip this over for a bounce or support, then, second Target $60K which is now resistance.

BTC eventually flipped the $58K and hit $59K+, now retesting the 58K area for support.

We're not gambling we're investing.

3 Likes

Re: Crypto Currency Investors Thread by GRACEGLORY: 12:05pm On Jul 10

Siberia01:

Don't get too excited about various ETFs
Big players coming into the game will make it more difficult for retails
Who knows if this cycle is different
What if they dump and we back to bear markets in 4 Months who knows.
Risk management is very important here..bet what you can afford to loose, don't keep your hopes too high, do your best, DCA in your projects and remember most importantly to take profits
Your trading against some of the most intelligent people in finance..
They need 3X of their investment
While you keep chasing life changing 100X gains..

All the same it's better to be in crypto than to watch from the sidelines

There's only one way to beat these smart money, HODL most, trade the little youre certain of. Most all, HODL. As long as they're not able to shake you out, you win.

More so, this cycle is going to be more explosive, they say I've been hyping, that's another hyping.... The best is yet to come

4 Likes 1 Share

Re: Crypto Currency Investors Thread by Windblown2much: 12:38pm On Jul 10

If u check bull records right from time, u'd notice it has always been a year after the US elections so I'm optimistic next bull run will likely b next year🙏

2 Likes

Re: Crypto Currency Investors Thread by Siberia01(m): 12:51pm On Jul 10

Robnectar:

kilode?

Re: Crypto Currency Investors Thread by Robnectar(m): 12:53pm On Jul 10

Siberia01:
kilode?

Just dey on low cry

Re: Crypto Currency Investors Thread by Siberia01(m): 1:13pm On Jul 10

Robnectar:

Just dey on low

Oya let me invite deflover to entertain you

1 Like 1 Share

Re: Crypto Currency Investors Thread by Realmrsean: 1:14pm On Jul 10

check out this link if you have used telegram for long

Might cook like notcoin

https ://t. me/dogshouse_bot/join?startapp=6uAjp-GBTrClFI4cIhpM5A

Close the space

Re: Crypto Currency Investors Thread by GRACEGLORY: 1:59pm On Jul 10

GRACEGLORY:

BTC eventually flipped the $58K and hit $59K+, now retesting the 58K area for support.

We're not gambling we're investing.

The support being tested.

Do you call these speculation, or certainty?

This isn't gambling, is it?

Every move named absolutely correctly right from the 55K

10 Likes 2 Shares

Re: Crypto Currency Investors Thread by GorillaApp(m): 2:14pm On Jul 10

legacystore:
Crypto currency is known to have high volatility which means anything is possible u can make 80% loss or gain in just 24 hours depending on how the pendulum swings.

Just yesterday xrp was 220 and everyone was dumping and this morning it's has moved to 270 for those that stayed on. Massive profit in 24 hrs.

Let's discuss crypto picks, strategies and tips

My strategy is hodl or swing trading

I buy and hold to make at least 50% minimum before I dump and move to the next one.

My max wait period is 3 months, sometimes I hit target much earlier the other time I cut my loss.

Day trading is a no no for me, don't even have such time

new to this. i just started researching crypto

Re: Crypto Currency Investors Thread by Robnectar(m): 3:46pm On Jul 10

Siberia01:

Oya let me invite deflover to entertain you

Re: Crypto Currency Investors Thread by Smithwilliams826: 6:04pm On Jul 10

Chikacha:

It is always the same set of people.. They will open several accounts to bother us here.... Same behavior.

Hope you are not holding trias

Re: Crypto Currency Investors Thread by OgogoroFreak(m): 7:02pm On Jul 10

GRACEGLORY:

The support being tested.

Do you call these speculation, or certainty?

This isn't gambling, is it?

Every move named absolutely correctly right from the 55K

You dey try small.

Re: Crypto Currency Investors Thread by Robnectar(m): 8:09pm On Jul 10

OgogoroFreak:
You dey try small.

Hey jigga, drink some lord with me grin

Re: Crypto Currency Investors Thread by Chikacha: 8:13pm On Jul 10

Smithwilliams826:
Hope you are not holding trias

I hold it. I hold most coins less than 100,000,000 maximum supply at this point. sad

Thank you bro.

Re: Crypto Currency Investors Thread by Ediffizy: 8:26pm On Jul 10

No idea..newbie here

Re: Crypto Currency Investors Thread by OgogoroFreak(m): 9:21pm On Jul 10

Robnectar:

Hey jigga, drink some lord with me

Call me when you have raw Ogogoro

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