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Second Submission to Telegram
Hello Jesus Piece Holders ,
This is to notify you of telegram login access on JesusPiece.cash!
You can comment via telegram account as well!
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First Submission to Telegram
Hello Everyone !
2021 has been an exciting year thus far. I have added some bits to the website , let me know if you spot the changes.
Send #IReadThePost in the Jesus Piece social https://t.me/JesusPieceSocial for Reward
Rating: 5 out of 5.
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MEMO.CASH (ES)
Los tokens SLP han tenido la suerte de tener un sitio como memo.cash . El sitio web permite que los "wallets" /usuarios interactúen entre sí una cadena. Memo utiliza transacciones Bitcoin Cash para enumerar la "información" de los usuarios. Los tokens se muestran en Satoshi o BCH / Bitcoin Cash .
100,000,000 Satoshi 1 Bitcoin Efectivo
Vaya a Tokens en la barra de menús superior. Los tokens se mostrarán a través de "Most tx' como la página de destino para intercambiar.
Normalmente puedes encontrar tus tokens favoritos en las primeras páginas. Asegúrese siempre de que el token que seleccione comparta el mismo identificador de token que el token que está buscando.
Fichas de compra:
Memo.cash recoge el 1,5% de las tasas de catalogación y comprada. Es decir, usted paga el 1,5% de sus ventas a memo y el 1,5% del total
Para comprar un token, seleccione el nombre del token que desea obtener. Vamos a seleccionar SPICE ,
La página de inicio de SPICE muestra la actividad reciente de la especia, también enumera los menús desplegables,
En Venta con desplegable "En Venta" y "Vender Fichas"
Saldos con "Balances" desplegables y "Mint"
Seleccione En venta para llevar a los listados actuales de especias
Actualmente el precio más bajo de SPICE es 155 por token, Esto no significa necesariamente que este es el precio total más barato disponible.
La columna de precios muestra el precio total de la cantidad de tokens enumerados.
Si seleccionamos la primera lista de venta de 100 especias a 155 por token. El importe total de la compra sería de 15.500 , se muestra a continuación.
VENTA DE FICHAS
Vender fichas es un poco más complicado. El botón descrito anteriormente en "para la venta", también tiene el botón "vender tokens".
Se recomienda conocer el precio actual en curso para enumerar su propio . Use el menú desplegable de tokens para seleccionar cualquier token
Voy a mostrar una lista de:
Ficha : SANTO
Cantidad de tokens: 20
Precio por token : 900 satoshi
Haga clic en el botón Lista , su token estará disponible para su compra en esa página de venta de tokens.
VALOR DE TOKENS
Cada token recibe su valor de los usuarios que publican el token y los usuarios que compran los tokens. También debe tener en cuenta la naturaleza del token también. Si el token tiene un suministro circulante de más de un billón. Puede ser una buena pregunta preguntarse ¿por qué?
El valor en este caso proviene de la oferta y la demanda. Siempre y cuando alguien esté dispuesto a comprar el token al precio indicado, mantendrá su valor.
Si el token no se está comprando al precio actual, es posible que los usuarios ofrezcan un precio ligeramente más bajo en comparación con lo que se muestra.
Lo mismo se aplica para el movimiento del precio más alto, alguien está dispuesto a comprar toda la oferta actual. Esto permite a los usuarios reposicionar sus ventas para producir beneficios.
Hay un montón de factores que entran en el precio. Me gusta considerar la base del uso de fichas, el suministro circulante y el estado de la batuta de la menta.
Desde mi experiencia, tener un suministro abierto no es bueno para el valor futuro, A MENOS que esta es una característica de la moneda y su caso de uso.
También considero la cantidad de la oferta también. Si hubiera una sola génesis de menta de 1.000.000.000.000 de 000, el número sigue siendo absurdamente alto. Sin ningún mecanismo para usar esta cantidad de tokens, tiendo a alejarme de la compra de estos tokens.
Si nos comparamos con tokens, MIST y HONK, podemos ver algunas diferencias claras en su creación y utilidad. HONK es un token de propina muy conocido, el suministro de circulación es de 100,000,000,000 en comparación con la distribución de acuñación de niebla a través de prueba de trabajo en 21,000,000 suministro total será recompensado.
Además de niebla siendo numéricamente escaso en comparación con HONK . La niebla actualmente sólo tiene 4 millones de 21 millones en circulación. La ventaja de lanzar tokens en un estilo de prueba de recompensa de trabajo es promover la descentralización de los saldos de tokens. HONK fue acuñado por un solo usuario que tiene el poder de dictar a dónde van los tokens. La niebla permite la competencia para que cualquiera pueda obtener .
La Santa Ficha tiene una sola génesis de menta de 77.777.777 HOLY. Esto permite un aspecto diferente de 3 veces más del límite de suministro de bitcoin típico. Holy está actualmente en manos de un custodio centralizado. 72 millones de HOLY ha sido asegurado para el proceso y la planificación a largo plazo.
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MEMO.CASH (en)
SLP tokens have been fortunate enough to have a site like memo.cash . The website allows for wallets/users to interact with one another, on chain .
Memo uses Bitcoin Cash transactions to list the "information" from the users . Having a social network site integrated with the Bitcoin Cash blockchain and a token exchange is huge for the crypto community!
Tokens are either displayed in Satoshi or BCH / Bitcoin Cash .
100,000,000 Satoshi = 1 Bitcoin Cash
Navigate to Tokens in the top menu bar. Tokens will be displayed via "Most tx' as the landing page to exchange.
Typically you can find your favorite tokens in the first couple pages. Always ensure that the token you select shares the same token ID as the token you are seeking.
Purchasing Tokens:
Memo.cash collects 1.5% of listing fees and purchased .
Meaning , you pay 1.5% of your sales to memo and 1.5% of total price of purchase. This must be considered when listing a token or purchasing .
To purchase a token , select the token name that you are looking to obtain . Lets select SPICE ,
The SPICE home page shows recent activity for spice, it also lists drop downs,
For Sale with drop down "For Sale" and "Sell Tokens"
Balances with drop down "Balances" and "Mint"
Select For Sale to be brought to the current listings of spice
Currently the lowest price of SPICE is 155 per token , This does not necessarily mean this is the cheapest total price available.
The price column lists the total price for the amount of tokens listed.
If we selected the first sale listing of 100 spice at 155 per token . The total amount of the purchase would be 15,500 , Shown below.
SELLING TOKENS
Selling tokens is a little more trickier. The button described previously under "for sale" , also has the "sell tokens" button.
It is recommended to know the current ongoing price to list your own . Use the token drop down to select any token
I will show a listing of:
Token : HOLY
Token Quantity: 20
Per Token Price : 900 sats
Click the List button , your token will be available for purchase under that tokens sale page .
VALUE OF TOKENS :
Each token receives it value from users who post the token and the users that buy the tokens. You must also consider the nature of the token as well. If the token has a circulating supply of over a trillion. It may be a good question to ask why?
Value in this case comes from supply and demand. As long as someone is willing to buy the token at the listed price it will maintain it's value.
If the token is not being purchased at the current price, you may see users offer a slightly lower price compared to what is shown .
The same applies for price movement higher, someone is willing to buy all the current supply. This allows for users to reposition their sales to produce profit.
There are a lot of factors that go into price. I like to consider the basis of the tokens use, the circulating supply, and the baton status of the mint.
From my experience , having an open ended supply is not good for future value , UNLESS this is a feature of the coin and its use case.
I also consider the amount of the supply as well. If there was a single genesis mint of 1,000,000,000,000,000 the number is still absurdly high . With no mechanism to use this amount of tokens , I tend to veer far from purchasing these tokens.
If we compare to tokens, MIST and HONK, we can see some clear differences in their creation and utility. HONK is a very well known tipping token, the circulating supply is 100,000,000,000 compared to Mist minting distribution through proof of work at 21,000,000 total supply will ever be rewarded.
On top of Mist being numerically scarce compared to HONK . Mist currently only has 4 million out of 21 million in circulation . The benefit of releasing tokens on a proof of work reward style is to promote decentralization of the tokens balances. HONK was minted by a single user that has the power to dictate where the tokens go.
Mist allows competition for anyone to obtain .
Holy Token has single genesis mint of 77,777,777 HOLY. This allows for a different aspect of 3x more of the typical bitcoin supply limit. Holy is currently held by a centralized custodian . 72 million HOLY has been secured for long term process and planning.
These are some aspects to consider when purchasing or selling a token . HONK has a great market affect and use case in the SLP world. The facts mentioned above do not make HONK inferior compared to Mist. It just serves a different purpose and that is what we must understand.
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Mining SLP
Mining SLP arrived to the Bitcoin Cash Community on 6/13/2020 with the introduction of MIST token.
Token Id : d6876f0fce603be43f15d34348bb1de1a8d688e1152596543da033a060cff798
The whitepaper made available @ Mistcoin.org. The concept brings light to the early days of Bitcoin and the ease of entry into the mining realm. The website hosts available miners that are used 24/7 to obtain these coins. If you have a decent computer and internet connection you can obtain Mist via mining as well.
SLP mining was further progressed with MAZE . Maze token is the second mineable token minting baton initiated 7/22/2020.
Token Id : bb553ac2ac7af0fcd4f24f9dfacc7f925bfb1446c6e18c7966db95a8d50fb378
Maze was offered as an alternative to the very competitive nature of Mist. Maze was created by a Mist miner that wanted to use the mining platform for the basis of his project.
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Downloading A Wallet
You have reached the point you are ready for a wallet to store your tokens, which one do you choose?
There are many mobile application wallets available for download .
My personal favorites are:
Zapit wallet available @ zapit.io (Android only )
Bitcoin.com wallet @ bitcoin.com , Play store, Apple store
Badger wallet on Play store and Apple store
Downloading Wallet and Overview
I will show an example of install bitcoin.com wallet available on Android and Apple
- Head to app store and search "bitcoin.com"
2. Download and Open your wallet
No KYC (Personal Questions) is required to use the app .
The wallet will prompt for backing up the recovery phrase.
With Bitcoin Cash , you hold the keys.
The recovery phrase is a SECRET, this is what is used to restore your wallet . Without this seed phrase secure , you could risk losing funds. Always keep this phrase in a safe location and ensure their are multiple secure copies of this phrase .
Take the time to write down this phrase, you will have to input on the next screen.
3. On all SLP wallets you are given a Bitcoin Cash/BCH address that begins with Bitcoincash:
This is to receive Bitcoin cash relatively instantly with less than a penny transaction fee
SimpleLedger:
You also have an SLP (Simple Ledger Protocol) address that begins with Simpleledger:
This wallet is used to store and send SLP tokens such as HOLY, Spice, HONK , etc.
Move the slider to select which address you would like to view, BCH or SLP
4. The send screen offers options for moving your tokens out of your wallet.
The camera is use for QR scanning such as the QR codes found jesuspiece.cash home screen .
You can also select to send to your other wallets within app or contacts you have previously saved.
5. Now you know how to protect your wallet, receive BCH/SLP , and send BCH/SLP
How do you see your tokens?
Select your Bitcoin Cash wallet. Select the option "assets" . This will display all BCH and SLP balances. There is an additional toggle for verified and unverified tokens.
ALWAYS ENSURE TO CHECK THE TOKEN ID WHEN MAKING A TRANSACTION
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Moving HOLY from Telegram to Wallet
The faucet and trading via the MINT bot on Telegram is great for sharing and tipping your friends or colleagues . What do you do when you need them in person ready to share? Send the tokens from your MINT bot to your SLP supported wallet of choice.
Message @MintSLPBot Type "Balance" to see the Tokens you own and their Token ID The bot makes it easy to copy the token ID for withdrawal
The message required to start the withdraw process is : withdraw [token id] [amount] [slp address]
4. The withdrawal has begun , your tokens should arrive momentarily.
You are able to perform a withdrawal twice per day .
Depositing Tokens :
This process is much easier. Simply message @MintSLPBot "deposit"
A simple ledger address will be provided, send any SLP token to that address to use within Telegram