For readers of Beyond The Chain, this page provides updated and additional resources to continue your journey into crypto and blockchain if you choose.
Domestic Violence Resources
If you have reached this page because of the domestic violence issues in the story which might be affecting you or someone you know, GET HELP – there are people and organisations who will assist you and support you, the critical thing is to get away from the source of the threat as soon as possible.
- English National Domestic Violence Helpline 0808 2000 247
- Women’s Aid Freephone 24hr National Domestic Violence Helpline 0808 2000 247
There are international networks and organisations all over the world to help survivors of abuse, and many are listed here http://www.hotpeachpages.net/a/countries.html
Cryptocurrency and blockchain resources
- Find detailed instructions for setting up your first account at a cryptocurrency exchange here: https://www.blocksparks. io/help-me-buy-some-cryptocurrency/
- The Block Explorer is a direct view of the blockchain data – for bitcoin, or any other blockchain, it can be a confusing sight, and you don’t need to refer to during everyday transactions, in fact you’d only look at it to ensure confirmation, or to troubleshoot something unexpected. If Carrie had copy-pasted the transaction ID from Samar or her public key into the search bar on this page https:// live.blockcypher.com/btc/, Then she’d have seen just those details, instead of an endless string of lines of code. She’d be able to see the public address it was sent from, and watch as the confirmations from the mining pool took place, and her transaction was fully written to the blockchain – complete with timestamp and fees.
- Monero is a cryptocoin which is focused, as Carrie had learned, on privacy and security. Unlike bitcoin, it is completely fungible and anonymous, that is every coin of monero is indistinguishable from any other – just like fiat currency coins.
- Mining is the process which generates and validates cryptocurrency, in a proof-of-work consensus algorithm (such as those used by Bitcoin or Monero). It’s what drives the network, and both creating new coins and confirming every transaction. It commits computing processing power and energy as the raw material, and while some coins can be mined on home computers it does place a lot of demand on their resources, and Bitcoin can only be mined using specialist chips now. You don’t need to understand the mining process any more than Carrie does in order to make use of cryptocurrencies, but if you want to learn more here’s an accessible guide https://blockgeeks. com/what-is-bitcoin-mining-an-easy-guide/
- Private keys and public keys both look similar, being strings of alphanumeric code not readable by humans, but they’re very different. You can think of a public key as similar to a mailbox on your front door, or an email address. You can safely share it with anyone who might want to send you something. Your private key though is the password to enter and read your email, or to open the mailbox to get your paper post – that code must remain completely secret, as anyone could use it to unlock you cryptoassets, and it must also remain utterly secure – you cannot get new keys cut at the hardware store or reset it like a password
- 6 Multi-factor Authentication is sometimes abbreviated to MFA, and 2FA – two factor authentication is also in common use. Every factor adds additional security, but also adds hassle. Setting up at least 2FA on every login is a great start.
- ICO stands for Initial Coin Offering, and it’s essentially an unregulated crowdfunding exercise. The crypto boom of 2017 brought some huge raises, and funded some excellent projects – as well as many exit scams or complete failures: caveat emptor.
- See: https://coinmarketcap.com
- Unlike most everyday users, Ritu is advanced and involved enough to actually participate actively in the network, running a local copy of the bitcoin blockchain, to support its existence for everyone else. Carrie doesn’t know or care whether he is running a full node or a lightweight node, but if you do, you can learn more here: https://en.bitcoin.it/wiki/Full_node