Posts Tagged ‘cryptocurrency’
Orange Pi Development Boards

Holo P2P Distributed Hosting is Powered by Holochain Technology, Leverages Holo Fuel Cryptocurrency (Crowdfunding)

December 14th, 2017 6 comments

The Internet is now mostly centralized, for example most people search with Google, and Facebook dominates the social media space in many countries. That also means access to content can easily be blocked by governments, and many companies will use your personal data to their benefits.

Holo network promises to “take back the Internet” thanks to a P2P distributed web hosting system, where people hosts app from developers in their HoloPort devices, and get paid for hosting crypto apps in Holo Fuel cryptocurrency that can in turn be used to pay for processing power and/or storage on the network, or converted into other cryptocurrencies like Bitcoin, or fiat money (Dollars, Euros…).

It’s like a new Internet that uses the current “pipes” (i.e. you’d still need Internet through your ISP), but all content would have to be created from the ground up. It basically aims to replace datacenters, websites, and app from larger companies. The first prototype crypto apps include

  • Clutter – a P2P Twitter clone
  • Fractal Wiki – a serverless Wiki of cards within cards within cards
  • HoloChat – a Slack-like multi-channel chat room for teams
  • DPKI – a secure, decentralized cryptographic key management too

App / website developers would pay for Holo network, just like they pay for hosting services currently, and people are incentivized to buy HoloPort hardware as they could eventually get their money back and make some if the system is popular. You’d still use your web browser to access crypto apps (just type an URL) in the Holo P2P network, and other websites in the “centralized Internet”.

Three types of HoloPort – basically Linux computers – are available with HoloPort Nano based on a quad core ARM processor with Gigabit Ethernet, and larger HoloPort & HoloPort+ powered by more powerful Intel processors, and equipped with more memory and storage.

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Holo and Holo Fuel are based on Holochain described as “a next-generation platform that is more scalable, exponentially faster, far more energy efficient, and 10,000x cheaper than blockchain”. More details can be found in this document (PDF), and you can checkout the software on Github. The project is still at the alpha stage with the first stable release expected in Q2 2018. The company is now raising funds through and Initial Community Offering (not available in the US), and an Indiegogo campaign where they offer HoloPort hardware as rewards.

The crowdfunding effort started on a roll, as Holo has already received over $220,000 in pledges from around 530 backers. HoloPort Nano requires a $99 pledges, while the Intel platforms cost $449 or $999. Currently the pledges are fairly evenly distributed among the three platforms because the idea is that you’ll be able to serve more users with a faster computer, hence earn more Holo Fuel. Altough the start of the Indiegogo campaign is impressive, the whole project is quite ambitious, so we’ll have to see how it turns out. But in the worst case, with the project failing, you’d still have a Linux computer to play with. [Update: Alternatively, if you don’t want to buy hardware for it, but still want to support the project, you could pledge $40 for the Alpha/Beta Tester rewards to get early access to Holo and Holochain app developer tools].

More details may also be available on website.

Colorful C.J1900A-BTX Plus V20 Bay Trail Motherboard Takes 8 Graphics Cards for Cryptocurrency Mining

November 13th, 2017 12 comments

Intel Bay Trail processors are mostly found in tablets, 2-in-1 hybrid laptops, and mini PCs, and they’ve often give placed to Cherry Trail processors, and in some cases Apollo Lake ones. x86 compatibility, low cost and low power are the main selling points of the Bay Trail processor family.

Colorful has found a different use case, as they designed a motherboard with 9 PCIe x16 slots, one for a card powered by an Intel Celeron J1900 processor, and 8 to add graphics card in order to mine cryptocurrencies.

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The blue PCI slot takes a PCI CPU card with an the following specifications:

  • SoC –  Intel BayTrail J1900 quad core processor @ up to 2.42 GHz with 2M Cache, integrated Intel HD graphics; 10W TDP
  • Memory – 1×DDR3L SO-DIMM, DDR3L 1333MHz/1066MHz
  • Storage – 1x mSATA slot, 1x SATA 3.0 connector, 1x 4-pin SATA connector
  • Video Output – HDMI
  • Connectivity – Dual Gigabit Ethernet via RTL8111E
  • USB – 2x USB 2.0 ports
  • PCIe connector to manage graphics cards
  • Power Supply – 4-pin header for 12V input

The main motherboard is equipped with 16x 6-pin PCIe power connectors with eight located on one side of the board, and eight placed close to each GPU PCIe slots. To complete the setup connect eight mining graphics cards, and you should be good to go.

Anandtech reports that pricing and availability information is unknown at this stage, and they expect the solution to become available to Colorful customers in the next few months. The product page only has some limited details for now.

OpenDime is a Bitcoin USB Stick based on Microchip SAMD21 MCU, and ATECC508A Security Chip

June 13th, 2017 6 comments

The first time I heard about crypto currencies, specifically Bitcoin, was probably around 2011, and later in May 2012, I noticed a “micro-payments with Bitcoin digital currency” talk at a Barcamp. I did not think much of it at the time, but with hindsights, I should definitely have started to mine some Bitcoins considering the price was $5. Nevertheless, cryptocurrencies appear to be here to stay, and while most transactions occurs over the Internet, Opendime project has made a hardware USB dongle to store Bitcoins, and earlier this year, announced version 2 of their “Verified Bitcoin Credit Stick”.

Hardware specifications of OpenDime v2.0 / v2.1 USB stick:

  • MCU – Microchip / Atmel SAMD21 Cortex M0 MCU
  • Security Chip – Microchip / Atmel ATECC508A Crypto chip with support for SHA-256, TRNG, and public key signing (ECDSA)
  • USB 2.0 interface to connect to a computer
  • Bitcoin seal

The USB stick works like a piggy bank, you can add Bitcoins to it changing the status from new to sealed, but you can not use them until you “break the seal”, that is pushing through the Bitcoin hole that will remove a resistor and change the status to un-sealed.

Once connected to a computer, you can copy some of your files in order to create a randomly generated private-key. The drive won’t save your files, and become read-only. Once this is done, you should see an index.htm file in the stick that you can use to verify the stick, and add Bitcoins from your own wallet. You can then give your OpenDime to somebody to make a payment.  More info can be found in the github repo, full instructions are also located inside the OpenDime, and the video below gives an overview of OpenDime, and shows how to use it.

I’m not sure I get the advantages of using such hardware key for Bitcoin payments, but the company explains it could be used for the following use cases in the FAQ:

  1. Gift someone a Bitcoin. Put it on an Opendime and mail it to them. Simple!
  2. Deliver the payment for a car when you go to pick it up. Just put your payment on an Opendime and hand it over when you get the keys. Private key for car keys!
  3. Load a number of Opendimes with various denominations of Bitcoin. Keep them in your pocket to pay for things through-out your day.
  4. Sell Opendimes, preloaded with value, in exchange for gold or other precious metals.
  5. Use this instead of a paper wallet. Just as “compatible” but takes care of generating the private key safely.

If you are interesting you can purchase OpenDime keys starting at $37.50 for one pack of 3 boards, and to up to 8 packs of 3 boards for $300 plus shipping. That’s over $12 per board, so while it acts like “Bitcoin cash”, the hardware price only makes it suitable for larger amounts.