OpenAlias: Mastering the Fine Art of Simple Privacy

When one thinks of Monero, the first thing they may think of is privacy. XMR has the reputation of being “the privacy coin”. But one thing Monero is not known for is simplicity. Even when engaging in something as basic as sending or receiving Monero, the addresses can be as long as 95 characters. The OpenAlias Project was created to simplify the transaction process for even the least crypto savvy user while adding yet another layer of privacy for both sender as well as recipient.

The public viewability of all transactions on a most blockchains is definitely one of the technology’s most well-known features. However, this feature can negate the anonymous nature of crypto if one’s address is tied to the identity of the owner, as is the case for many websites soliciting donations or sales via crypto.

A specific crypto address can be found to be associated with a specific person or organization. A good example of this is an address from an account on a crypto exchange that follows KYC regulations. Once an address is discovered to belong to a specific person or group, it can become possible to look up that address on that particular cryptocurrency’s blockchain explorer and determine how much coin has been transferred to or from that address.The identity of the initiator of a crypto transaction may also be determined by tracking the IP address on the merchants website.

The uniqueness of OpenAlias is that it is a TXT-DNS record on a fully-qualified domain name, thus taking full advantage of an existing infrastructure as opposed to building a new one from scratch. The alias for the impossible-to-remember crypto address is a domain name, and under the Domain Name system, there can only be one domain name of its kind.

In other words, there is only one http://example.com as opposed to http://example.org or http://example.net, making the scenario in which one alias points to two different crypto addressees impossible. Other aliasing standards like having a password like “Dan123” or “givememoney” be (accidentally or intentionally) duplicated and point to more than one crypto wallet.

The average person who may be unfamiliar with cryptocurrency will have an easier time remembering the domain name of their favorite web site rather than a 95-character alphanumeric string.

While OpenAlias is the brainchild of the Monero Core Team, it can be configured to allow for the acceptance of any cryptocurrency. Although to date, the only known implementation has been for Monero and Bitcoin wallets. As time passses and the popularity of OpenAlias increases, implementations should emerge for other popular cryptocurrencies. Innovations like OpenAlias may one day make cryptocurrency as common among billions of people as email.

Yury Interview 300th Meet-up Manchester NH

JJ and Pedro set up the podcast studio in a noisy bar during the 300th Cryptocurrency Meet-up in Manchester, NH on April 8th, 2018.

In this installment we talk with Yury! You may remember Yury from the brief Russian version of the podcast.

Yury talks about the different meet-ups in Manchester and how he fared in Russia with his bitcoin projects.

The event was sponsored by http://ledgeviewcommercial.com and http://lbry.io



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Friday the 13th at LBRY Headquarters – Pedro’s Picture Tour

One of the great things about being in the Blockchain industry and living in NH is being able to connect with people who are the entrepreneurs and developers in this space. LBRY (Lbry.io) based in Manchester NH is a great example of a Blockchain project with usable code. I had the opportunity to meet and get to know the LBRY employees at their “Jason Voorhees Memorial Friday the 13th Party with LBRY”.

LBRY allows users to own and control their content vs handing it over to large corporate entities and their advertising partners.  Their code base is open source and available on Github. There are currently 6 full time employees in their Manchester NH office and well as 15 remote employees from as far away as Brazil and India. In total, LBRY has raised over 5 Million dollars.  From their website:

We think users should own their content (and their privacy) instead of handing it over to a corporate giant and their advertising buddies.

For most users, LBRY will be a place where they can find great videos, music, ebooks, and more. A vast digital library that is available on all of your devices. But LBRY is many components working together.

LBRY is first and foremost a new protocol that allows anyone to build apps that interact with digital content on the LBRY network. Apps built on the protocol allow creators to upload their work to the LBRY network of hosts (like BitTorrent), and set a price per stream or download (like iTunes) or give it away for free (like YouTube without ads).”

the beveragesGreat refreshments was the first thing I saw upon entering!

Getting back to the fun. The LBRY office had all their worldwide 21 Full Time employees working at the Manchester office for an entire week culminating in a party Friday night. Upon entering I was greeted with a large table of premium refreshments and tasty snacks from around the world. I have personally known LBRY CEO Jeremy Kauffman and some other LBRY employees from our participation in the Free State Project (fsp.org) and it was great to meet other members of the team. The air was thick with excitement and passion around what LBRY is doing.

the food The local Blockchain community came out to join in the fun.

party goers minglingInteresting discussions all night.

Brinck tending to the iceBrinck helping keep beverages cold!

As more of the local Blockchain community arrived the party only got better.  Great conversations were had and ping pong games went late into the morning hours. It’s times like these that really make me appreciate living in NH as a Blockchain enthusiast and I look forward to seeing LBRY continue to grow.

LBRY CEO plays ping pongLBRY CEO Jeremy Kauffman (right) gets some ping pong in.

They play more ping pongDid I mention there was a lot of ping pong fun?

LBRY crew having funIt was clear the LBRY team was having a great time.

LBRY confessional booth

The LBRY confessional booth was available to give feedback to the team.

All pictures were captured by Pedro Aguiar and are published as Creative Commons – Attribution.

Ep249 Telegram ICO, Verge Hack, Centra Update, and Chicken on Blockchain

Centra Update: I found an address linked to the Centra crowd sale holding 100,000 ETH. Cryptocurrency exchanges charge as much as $3 Million to list tokens and coins. Verge XVG has suffered a 51% attack due to a mining bug. French mega-grocery Carrefour SA is using blockchain technology to show consumers where their chicken dinner came from. Telegram messaging app has already raised more than $1.7 Billion in an ICO but not handing over encryption keys has brought out the Russian Banhammer! News Flash: apparently there is still some sort of debate regarding bitcoin scaling going on — someone needs to tell them the war is over. Darren throws his support behind a DASH proposal for AnyPay. JJ and Pedro visited the 300th consecutive cryptocurrency meet-up in Manchester, NH.



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or Direct Download this episode as an MP3 – Neocash Radio cryptocurrency podcast ep249


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Bumper music by: Lamprey
Song: Stuck up
http://freemusicarchive.org/music/Lamprey/The_Greener_Grass/Stuck_Up


Traditional Financial Markets Cryptocurrency Markets
Gold $1,346 Bitcoin Cash (BCH) $764
Silver $16.75 Bitcoin SegWit (SW) $7,991
Oil $66.49 Ethereum (ETH) $507
Dow Jones 24,814 points DASH $368
30Y UST Yield 2.998%

Continue reading

Shivom Interview with CEO Dr Axel Schumacher

In this special episode of NeoCash Radio JJ interviews Dr. Axel Schumacher the CEO and Co-Founder of Shivom. Shivom aims to start out as “23 and me” on a blockchain but has goals to add more healthcare services. Dr. Axel discusses how the platform will be blockchain agnostic but that the initial token sale will happen on the Ethereum public blockchain. The token sale has a goal of 75,000 ETH or about $37.7 Million as of this writing and starts today!



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or Direct Download this episode as an MP3 – Neocash Interview with Dr. Axel Schumacher of Shivom


Tune in to Neocash Radio every WEEK and
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Music: “Searching” by Eric Skiff


Visit the Shivom website to find out more.

Shivom Genetics on Blockchain Logo Continue reading

How-To Setup and Use Hardware Wallets

How-to Setup your Trezor One. How-to send and receive bitcoin, ethereum, and more!


How-to Setup your Ledger Nano S One. How-to send and receive bitcoin, ethereum, and more!


How-to Setup your KeepKey. How-to send and receive bitcoin, ethereum, and more!



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Support NeoCash Radio!

Do you shop on Amazon.com? Want to spend bitcoin and support NeoCash Radio? Then sign up for purse using our affiliate link here: https://purse.io/?_r=neo

After your first transaction is complete you will earn 10$ from Purse! And anytime you set a discount above 5% you will be helping donate a small amount to NeoCash Radio!


Rachel Goldsmith Interview 300th Meet-up Manchester NH

JJ and Pedro set up the podcast studio in a noisy bar during the 300th Cryptocurrency Meet-up in Manchester, NH on April 8th, 2018.

In this installment we talk with Rachel Goldsmith the Executive Director of the Free State Project.

We discuss the upcoming camping event, the Porcupine Freedom Festival held at Roger’s Campground here in New Hampshire. Pedro describes how past PorcFest experiences have changed his life. Find out more at http://freestateproject.org

Buy your PorcFest tickets at: http://porcfest.com/

The event was sponsored by http://ledgeviewcommercial.com and http://lbry.io



Stream this podcast episode:
or Direct Download this episode as an MP3 – Rachel Goldsmith Interview 300th Meet-up Manchester NH


Tune in to Neocash Radio every WEEK and
RETWEET ALL THE THINGS @NeocashRadio!

Subscribe to the Neocash Radio podcast
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We’re also on Tunein, Player.FM, Overcast.FM, Podcast Addict, Blubrry, LBRY and more!


Support NeoCash Radio!

Do you shop on Amazon.com? Want to spend bitcoin and support NeoCash Radio? Then sign up for purse using our affiliate link here: https://purse.io/?_r=neo

After your first transaction is complete you will earn 10$ from Purse! And anytime you set a discount above 5% you will be helping donate a small amount to NeoCash Radio!


Kay and Amit Interview 300th Meet-up Manchester NH

JJ and Pedro set up the podcast studio in a noisy bar during the 300th Cryptocurrency Meet-up in Manchester, NH on April 8th, 2018.

In this installment JJ talks with Kay and Amit from http://lbry.io one of the sponsors of the event and a local blockchain based service provider.

Kay and Amit discuss working at LBRY and the challenges of blockchain development.

The event was also sponsored by http://ledgeviewcommercial.comhttp://lbry.io



Stream this podcast episode:
or Direct Download this episode as an MP3 – Kay and Amit Interview 300th Meet-up Manchester NH


Tune in to Neocash Radio every WEEK and
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Subscribe to the Neocash Radio podcast
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Support NeoCash Radio!

Do you shop on Amazon.com? Want to spend bitcoin and support NeoCash Radio? Then sign up for purse using our affiliate link here: https://purse.io/?_r=neo

After your first transaction is complete you will earn 10$ from Purse! And anytime you set a discount above 5% you will be helping donate a small amount to NeoCash Radio!


Matthew Ping Interview 300th Meet-up Manchester

JJ and Pedro set up the podcast studio in a noisy bar during the 300th Cryptocurrency Meet-up in Manchester, NH on April 8th, 2018.

In this installment we talk with Matthew Ping from http://ledgeviewcommercial.com one of the sponsors of the event and a local property management company who accepts crypto for rent.

Matthew discusses the history of the meet-up and talks about his business and the some of the challenges associated with accepting bitcoin for rent.

The event was also sponsored by http://lbry.io



Stream this podcast episode:
or Direct Download this episode as an MP3 – Matthew Ping Interview 300th Meet-up Manchester NH


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Subscribe to the Neocash Radio podcast
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We’re also on Tunein, Player.FM, Overcast.FM, Podcast Addict, Blubrry, LBRY and more!


Support NeoCash Radio!

Do you shop on Amazon.com? Want to spend bitcoin and support NeoCash Radio? Then sign up for purse using our affiliate link here: https://purse.io/?_r=neo

After your first transaction is complete you will earn 10$ from Purse! And anytime you set a discount above 5% you will be helping donate a small amount to NeoCash Radio!


Accessing the Money of the Future with Technology of the Past

While most of us in the cryptosphere have a pretty good handle on the mechanics of cryptocurrency, the rest of the world is still scratching their heads over it. The widespread ignorance of cryptocurrency poses a huge impediment to its global adoption, especially in parts of the world where reliable access to the Internet and the availability of smartphones is not consistent. However, CoinText, a new crypto wallet service whose user interface runs on the SMS network may be the key to bridging that gap.

The functionality of Cointext is similar to many other automated SMS-based platforms one might use such as online banking and promotional campaigns. Anyone can generate a seed for a Cointext wallet by texting a valid command to one of the service’s access numbers. The user can then enter additional commands to check their balance, send and receive digital assets, and so on. Currently, the platform only supports Bitcoin Cash and all transactions are immediately settled on the BCH blockchain via Cointext’s proprietary algorithm to translate the SMS commands to post to the blockchain.. .

The US-based fintech company launched the beta version of its platform last month and currently only offers access numbers for six countries (the US,.Canada, Australia, South Africa, the UK, Switzerland, Sweden and the Netherlands). Users outside of these six countries are still able to use the service by texting one of those countries’ access numbers.

Cointext’s unique wallet differs from traditional mobile crypto wallets mainly because Its SMS-based platform makes the service accessible to users of older, more basic mobile phones regardless of whether the devices are connected to the Internet. Users can view their BCH address by texting RECEIVE to an access number and can send funds either in the amount of BCH or in the amount of five different fiat currencies.

Users’ BCH addresses are linked to their phone numbers which allows for users to send BCH to other Cointext users using only the recipient’s cell phone number without ever having to see the recipient’s public key. Users can also delete their text chat history as a means of hiding evidence of a crypto wallet from law enforcement who may search their phone. Doing this does not affect their wallet at all.

As is the case with any developing technology, the platform is not without some security flaws. Users’ BCH addresses and by extension, their private keys, are linked to their phone numbers. This poses a serious problem as Cointext currently offers no resolution for the loss of funds if a user changes their phone number or loses their phone.

This revolutionary crypto service is particularly beneficial to billions of people in developing countries where neither smartphones, traditional bank accounts or consistent Internet access are common

Cointext plans to launch a wave of access numbers for additional countries next month and is looking for feedback from the 2,000 people experimenting with the beta version. The development team also plans to implement support for non-English speakers in the next version of the platform. From there, Cointext may become the first of many such services to introduce various digital currencies to the rest of the world.