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Topics - OpenLedgerCorp

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1
The BuyBack on September 5 with the following burn of  38 706 OBITS executed. Congrats!

50% OF AMOUNT FOR BUYBACK: 8 256  bitUSD

TOTAL AMOUNT OF bitUSD USED 8 256

Total amount of OBITS burned on September, 5 2018 was 38,706 OBITS.











bitUSD in total



50% was sent to distribution



50% was used for buyback



Burn of OBITS



OBITS charts:

CoinMarketcap.com: https://coinmarketcap.com/assets/obits
CryptoFresh.com: http://cryptofresh.com/a/OBITS



Follow OpenLedger on socials!
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2
Congrats to all holders!





Token payout September 5, 2018 ICOO - 0.52 BTC of ICOO distribution in total

CCEDK/OpenLedger = 40% is 0.21 BTC

0.31 BTC for distribution to rest of ICOO ecosystem (remaining 60% distributed as below)

20% to OBITS: 0.06 BTC Allocated for OBITS distribution

10% to OBITS: 0.03 BTC allocated for marketing

70% Monthly ICOO token drop: 0.22 BTC

How to buy ICOO:

Bitcoin market - https://bitshares.openledger.info/#/market/ICOO_OPEN.BTC

BTS Market - https://bitshares.openledger.info/#/market/ICOO_BTS


3
Hello community!

Welcome to New Bitshares Blockchain Explorer, it is already up and running!

https://bitsharescan.com

Your comments and suggestions are welcome!

We will gather here your comments and suggestions, that later will be implemented on bitsharescan.com

4


This September, OpenLedger will head to the Netherlands to attend Bitfest Amsterdam, an international conference for Graphene, BitShares, and Blockchain enthusiasts.

Amsterdam will host the three-day event that will take place on September 21-23, 2018. Participants from all over the world will flock to Bitfest to learn, share, network and collaborate.

Inspiring speakers, lively panel discussions, delicious food, great networking opportunities, and engaging excursions – that’s all will deliver a truly outstanding experience to all event attendees.

Ronny Boesing, OpenLedger’s CEO and Founder, will speak at the conference and [ur=https://www.linkedin.com/in/yury-cherniawsky/l]Yury Cherniawsky[/url], OpenLedger’s VP of Business Development, will take part in panel discussions.

To book a meeting with our executives, feel free to drop us a line at [email protected]

Haven’t bought a ticket to Bitfest yet? Use the promotional code OPENLEDGERDISCOUNT and save 15% on your Saturday Conference Ticket. Note: the code is valid from August 30 to September 5, inclusive.


5
General Discussion / KYC/AML As New Regulatory Standards in ICOs
« on: August 27, 2018, 05:25:17 pm »

Know-your-customer (KYC) and anti-money-laundering (AML) can become new regulatory standards for token distribution in ICOs. Why are they important? Let’s get into the details.

What Are KYC and AML?
KYC relates to due diligence activities performed by a financial institution or regulated company on their customers’ identities. KYC is extremely important when it comes to customer integrity and probity. To facilitate KYC, financial institutions and regulated companies need to monitor any violations of their customers’ transactions.

KYC includes:
* Basic identity information, which is called the Customer Identification Program (CIP) in the US
* Checkup against the existing blacklists
* Risk evaluation in terms of fulfilling the commitments
* Monitoring of previous transactions

It’s important to know that KYC regulations can differ from country to country. For the differences, head over to the KYCMap.

AML is a set of actions designed to prevent illegal profit-making. To detect laundering techniques, countries are advised to follow the Financial Action Task Force on Money Laundering (FATF) recommendations. In terms of KYC, financial institutions and regulated companies are required to implement the local FATF procedures. Just like KYC ones, AML regulations can differ from one jurisdiction to another.


6

The BuyBack on August 2 with the following burn of  28 874 OBITS executed. Congrats!

50% OF AMOUNT FOR BUYBACK: 7 527  bitUSD

TOTAL AMOUNT OF bitUSD USED 7 527

Total amount of OBITS burned on August, 2 2018 was 28,874 OBITS.









50% was sent to distribution



50% was used for buyback



Burn of OBITS



OBITS charts:

CoinMarketcap.com: https://coinmarketcap.com/assets/obits
CryptoFresh.com: http://cryptofresh.com/a/OBITS



Follow OpenLedger on socials!
:: Twitter ::
:: Facebook::
:: LinkedIn ::
:: YouTube ::
:: Telegram ::
:: Reddit::
:: Blog::

Join OpenLedger DEX Telegram Group and receive all news!

7

Congrats to all holders!





Token payout August 2, 2018 ICOO - 0.82 BTC of ICOO distribution in total

CCEDK/OpenLedger = 40% is 0.33 BTC

0.49 BTC for distribution to rest of ICOO ecosystem (remaining 60% distributed as below)

20% to OBITS: 0.10 BTC Allocated for OBITS distribution

10% to OBITS: 0.05 BTC allocated for marketing

70% Monthly ICOO token drop: 0.34 BTC

How to buy ICOO:

Bitcoin market - https://bitshares.openledger.info/#/market/ICOO_OPEN.BTC

BTS Market - https://bitshares.openledger.info/#/market/ICOO_BTS


8
Beyond Bitcoin / [ANN] AgentMile ICO: Second Airdrop Starts Today
« on: July 26, 2018, 06:03:46 pm »

Second Airdrop Starts Today
Today, AgentMile opens up the second airdrop.

AgentMile’s first airdrop was a huge success with 88,961 people signing up in just over 24 hours. So hurry up and jump in today to save your spot as it this one will be over in just a day or two!

To get started, please go to the Telegram bot @AgentMileAirdropBot and follow the on-screen instructions. There, you can find the detailed information about the airdrop and the participation rules as well.

AgentMile Referral Bonus
Use the OpenLedger referral link to sign up, buy the AgentMile ESTATE tokens and get an immediate 5% bonus for your purchase. Read more about the AgentMile Referral Program here.

About AgentMile
AgentMile helps independent brokers, global brokerages, and landlords to list their commercial properties on the blockchain-powered MLS. The game-changing product offers enhanced leasing capabilities, management, and reporting to resolve the major industry’s challenges with the help of blockchain tech. OpenLedger partners with AgentMile and serves as the advisor and the escrow provider on its initial coin offering.








9
Executive summary

After a recent phishing attack, the OpenLedger team has gone through a series of massive brainstorm sessions, aiming to come up with a solution, which makes further attacks impossible, much harder  or at least, that minimizes the impact of a potential attack. It has became obvious that these types of attacks will continue as more and more new businesses join the BitShares ecosystem and new faucets are launched. User security becomes a paramount focus for the community. Below is a list of the changes we would like to introduce to allow BitShares users to protect themselves and mitigate the risk and impact of phishing attacks or any other attacks that can cause private key loss.

Briefly, we propose the following changes:


  • To minimize risk of both keys being stolen at the same time: Separate Active and Owner private keys, encourage their storage in different wallets (preferably on different devices).
  • To minimize the impact of Active private key theft: Severely limit permissions for Active private key, while allowing to more fine-grained permissions control with Owner private key.
  • To minimize the risk of transactions coming from unknown sources signed with your private key: Introduce new Device-Tagged transaction allowing users to identify and block transactions sent from an unauthorized device and implement multi-signature accounts, essentially moving to 2FA.
  • To make keys and account management more secure and user-friendly: Create simple desktop and mobile applications that allow users to easily manage their accounts and private keys, create multi-signature accounts, sign transactions, enable auto-sign feature, and receive notifications for specific transactions.

Given the complexity, importance and potential impact of security for BitShares and for the community, it is difficult to have a complete solution for the features mentioned above without thorough brainstorming, research, analysis and design.

This worker is for funding the Analysis and Architecture phase to elaborate on the features mentioned above, and to describe and estimate specific and feasible security solutions that can be implemented later.

Total duration: 2 months, Aug 6 2018 - Oct 5, 2018.

Total cost: 49 080 bitUSD.


The Solution

Here is how we envisage the changes mentioned above at the high functional level.

Active vs Owner private keys: Separation of Duties

At this time, each account in BitShares is separated into:


  • Owner Permission: This permission has administrative powers over the whole account and should be considered for ‘backup’ strategies.
  • Active Permission: Allows to access funds and some account settings, but cannot change the owner or Active permission and is thus considered the ‘online’ permissions.

This is a great approach, but if both Owner and Active private keys are stored in the same pocket the user loses both keys if a successful phishing attack was done or the wallet was compromised.

We do believe that Owner and Active private keys must be stored in different wallets, preferably on different devices.

A User uses only the Active key for day-to-day operations, but when they need to manage their account, the Owner key should be used.

Hence, to minimize the impact of a successful phishing attack on a User’s regular account (if a user suspects that Active key is compromised), we suggest to limit the Active key permissions in the following way:


  • Owner is able to suspend the account activity. This means that if a user suspects that Active key is compromised, they can suspend the account Active key and then any transaction signed with the compromised Active key will be blocked.
  • Daily transfer limits can be set for each asset. So that a hacker who steals the Active key is not able to drain the account immediately.
  • Limit the markets where Active key can place orders. So that a hacker can't sell the assets he got illegal access to for their fake assets (Markets whitelist)
  • Specify accounts the user can transfer to. So that a hacker is not able to move funds to their own account (Accounts whitelist).

Each of these settings can be modified only with the Owner private key.

These changes will provide BitShares users with a set of powerful tools, allowing them to configure security settings of the account so that users' assets stay safe even after a successful hacker attack or a security breach.

Device-Tagged Transactions

Security and privacy are key requirements of any BitShares user. However, they often contradict each other. Being anonymous is good, but anonymity is something that gives bad guys more power. If your key has been stolen, the blockchain will accept transactions signed with this key. It does not matter if they were sent by you or by the hacker. You can configure your account so that two or more signatures are required for each transaction, but if you are an active trader and submit hundreds of transactions daily, this is not a realistic option. To help active traders to keep their funds safe we suggest implementing a new transaction type - device-tagged transaction.

Let's imagine that a user has a trading BitShares account with two Active keys. If a user submits a signed device-tagged transaction, then a witness node adds DeviceID to the transaction and records it in the blockchain. DeviceID is a hash of particular data that belongs to a particular device (e.g. hash of IP address, MAC or any other device-specific information). The key requirement here is that the DeviceID is unique for each device, but the device cannot be uncovered by this ID to protect privacy of the user. Now that the user has sent their device-tagged transaction to the blockchain, they can confirm this transaction on another device.  Moreover, once a user recognizes transaction or device, they can enable auto-sign, so that future transactions from this device are automatically signed and fulfilled.

This gives the user the ability to filter out any transactions coming from an unauthorized device, even if one of the Active private keys has been stolen. It’s a method that  allows a two-factor  authorization approach even if hundreds or thousands transactions are submitted by the account daily.

User-Friendly Accounts and Keys Management

As a typical non-technical BitShares user, you need a web, mobile or desktop application to interact with the blockchain. And the problem is that you have to trust the application provider. Besides, the current new user registration and account management approach is extremely non-user-friendly. This leads to users leaving BitShares for other exchanges.

We  suggest that a new open source application should be implemented, allowing users to:


  • View and manage their wallets, accounts and private key in a very transparent and user-friendly manner: e.g. view wallets stored on this device, accounts and private keys in the wallets, their relationships and interdependence (e.g. accounts hierarchy or multi-signature accounts), generate and replace private keys, and set limits for Active keys.
  • Sign or auto-sign transactions, with the ability to see and filter Device ID, if a device-tagged transaction has been generated.
  • Notify users by listening to the blockchain, searching for specific transaction types (e.g. transactions signed by specific key) and sending out emails and displaying notifications.

The applications can be created as a browser plugin, desktop and mobile app, and users can use a particular application type depending on their needs and habits.

To register and trade, users will still need to use a proprietary or BitShares standard application, but they now will have the ability to use a trusted open source locally executed application to configure their account security and manage keys.

Even if a user registered and traded on a phishing site, they can still protect their funds  by replacing private keys or configuring multi-signature account in a separate trusted application. We hope that dealing with private keys in a stand-alone open-source application only will become a standard way for most users.


The Worker Proposal

Worker Scope

OpenLedger believes in a transparent and steady, step-by step development approach. Before we jump into major implementation project, we would like to perform detailed technical investigation, which will deliver clear and straightforward specifications and estimation of the new features and components to be implemented.  This worker is to fund this Analysis and Architecture phase only. As soon as the investigation for a particular feature is completed and specifications along with estimations are delivered to the community, new implementation workers will be submitted for public approval.

Work Approach and Costs

Immediately upon the approval of the worker, OpenLedger will allocate the resources listed below to perform the investigation and provide the deliverables. Reports outlining time spent and current progress to be published on bi-weekly basis. At this point, we estimate the Analysis and Research to take 2 months. Below is the resources and costs breakdown.



Worker daily pay: 3 885 BTS

Payment

We strongly believe in a bright future for BitShares, and this worker will make a great contribution to that. Therefore, we would like to be paid in BTS, BitShares core asset. Accepting BTS instead of bitUSD also allows us to not over-utilize daily workers budget by claiming more BTS than is needed to cover the current costs, leaving room for more workers to be executed simultaneously. In order to avoid over- and under-payment, we will settle the payment at the end of the worker using the current price of BTS in bitUSD. If, due to BTS rate fluctuations, more funds will be needed to complete the job, an additional worker will be created. If we need less effort or BTS rate increases, unspent BTS will be sent back to the reserve pool.

All payments will be vested for 1 month.

Openness for suggestions

Security is a complex but vital topic for BitShares and for blockchain technology. There has to be a way between tightening up security and staying anonymous, while keeping everything decentralized. We would like to open discussion and we particularly welcome suggestions and ideas about new security features and the best way to design a specific feature.
 

10
General Discussion / OpenLedger Supports BitShares Bug Bounty Program
« on: July 20, 2018, 08:45:40 am »

OpenLedger has recently voted for the ‘Hack The Dex’ worker that allocates funds to support the Bitshares Bug Bounty program.

A worker is an elected position that is paid to fund the new blockchain infrastructure. Thanks to the funds stored in the reserve pool, BitShares can pay for its own development and protocol improvement and to support and encourage the ecosystem growth.

BitShares Bug Bounty Program initiative

Right now the users do not have any external incentive to disclose the critical bugs, their exploits and techniques, and to avoid using them for personal gain.

The bug bounty program is proposed to endorse anyone who found a BitShares vulnerability accidentally or intentionally and disclosed it so that the vulnerability can be eliminated. The proposal will employ the allocated funds to reward the users relative to the overall risk assessment of the exploit they found.

The higher the payout for critical bugs, the more incentive there will be to attract higher quality researchers, and ultimately providing better security coverage for the DEX.

Funds will also be used to build and maintain a basic public website for reporting vulnerabilities. … It will also lay the groundwork for future HackTheDEX worker proposals to improve the security and safety of BitShares as a whole.

‘Hack The DEX’ worker proposal


Supporting security initiatives

Being one of the key players in the Bitshares ecosystem, OpenLedger is highly concerned about users security and welcomes any reasonable initiatives to make BitShares safer. That’s why we’re supporting the Bitshares Bug Bounty Program and spreading the word about this proposal.

Our team also welcomes any feedback regarding the security of OpenLedger resources and products – feel free to drop all the related messages here. Thanks in advance!

11
genEOS – Blockchain 4.0 for Business Announced – Crowdsale Is Launched



genEOS is a blockchain 4.0-driven ecosystem that enables building and running decentralized applications (Dapps) the enterprise-grade performance in an operating system-like environment.

The crowdsale has already begun!

More details about the project in the official press release at https://news.bitcoin.com/pr-geneos-blockchain-4-0-for-business-announced-crowdsale-is-launched/

12

Congrats to all holders!





Token payout July 4, 2018 ICOO - 0.78 BTC of ICOO distribution in total

CCEDK/OpenLedger = 40% is 0.31 BTC

0.47 BTC for distribution to rest of ICOO ecosystem (remaining 60% distributed as below)

20% to OBITS: 0.09 BTC Allocated for OBITS distribution

10% to OBITS: 0.05 BTC allocated for marketing

70% Monthly ICOO token drop: 0.33 BTC

How to buy ICOO:

Bitcoin market - https://bitshares.openledger.info/#/market/ICOO_OPEN.BTC

BTS Market - https://bitshares.openledger.info/#/market/ICOO_BTS


13

The BuyBack on July 5 with the following burn of  16 667 OBITS executed. Congrats!

50% OF AMOUNT FOR BUYBACK: 4574  bitUSD

TOTAL AMOUNT OF bitUSD USED 9 149

Total amount of OBITS burned on July, 5 2018 was 16,667 OBITS.











bitUSD in total



50% was sent to distribution



50% was used for buyback



Burn of OBITS



OBITS charts:

CoinMarketcap.com: https://coinmarketcap.com/assets/obits
CryptoFresh.com: http://cryptofresh.com/a/OBITS



Follow OpenLedger on socials!
:: Twitter ::
:: Facebook::
:: LinkedIn ::
:: YouTube ::
:: Telegram ::
:: Reddit::
:: Blog::

Join OpenLedger DEX Telegram Group and receive all news!

14

Congrats to all holders!





Token payout June 2018 ICOO - 1.20 BTC of ICOO distribution in total

CCEDK/OpenLedger = 40% is 0.48 BTC

0.72 BTC for distribution to rest of ICOO ecosystem (remaining 60% distributed as below)

20% to OBITS: 0.14 BTC Allocated for OBITS distribution

10% to OBITS: 0.07 BTC allocated for marketing

70% Monthly ICOO token drop: 0.5 BTC

How to buy ICOO:

Bitcoin market - https://bitshares.openledger.info/#/market/ICOO_OPEN.BTC

BTS Market - https://bitshares.openledger.info/#/market/ICOO_BTS


15

The BuyBack on June 8 with the following burn of  32458 OBITS executed. Congrats!

50% OF AMOUNT FOR BUYBACK: 15252  bitUSD

TOTAL AMOUNT OF bitUSD USED 30 504

Total amount of OBITS burned on June, 8 2018 was 32,458 OBITS.











bitUSD in total



50% was sent to distribution



50% was used for buyback



Burn of OBITS



OBITS charts:

CoinMarketcap.com: https://coinmarketcap.com/assets/obits
CryptoFresh.com: http://cryptofresh.com/a/OBITS



Follow OpenLedger on socials!
:: Twitter ::
:: Facebook::
:: LinkedIn ::
:: YouTube ::
:: Telegram ::
:: Reddit::
:: Blog::

Join OpenLedger DEX Telegram Group and receive all news!

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