20000 tips worth $71k of bitcoin cash sent across reddit
At the moment a lot of users are using the program to tip people. Out of 9, Reddit users sending BCH with Tippr over, 20, tips have been sent to users on the popular forum. In the paper, researchers from IOHK, IC3 and the University of Athens describe a mechanism for proving that data exists in the bitcoin blockchain in a more efficient way. Instead of adding new features directly to the bitcoin blockchain, sidechains allow developers to attach new features to a separate chain.
Because of this, sidechains were met with excitement initially, but has faced contention since many have concerns about the security of the technology. They rely on a technology called SPV simplified payment verification proofs, which work like this: Without these proofs, when users or miners move their money back to the main chain, under certain conditions, they could take more money than they really have.
These proofs need to do two things before the technology can be added to bitcoin: Friedenbach described the change in more technical terms: This is a recurring theme in the cryptocurrency world, where developers are careful about making changes to the still young and novel code. And while sidechains look to make the process of trying out new features easier and less nerve-wracking, implementing even that will take further deliberation.
For one, to make sidechains more secure, many developers believe merge-mining — when miners mine multiple coins at the same time — would be essential. That said, this piece of the puzzle is exciting to Friedenbach, even though buzz around the paper has been subdued. View all posts by SVK Crypto. You are commenting using your WordPress. You are commenting using your Twitter account. You are commenting using your Facebook account. Notify me of new comments via email.
The basic rights of the people in the Constitution can be restricted only by laws set by the National Assembly. If the court makes an unconstitutional judgment, all the existing [cryptocurrency] regulations of the government can be nullified. Therefore, the case is expected to conclude by the end of June. Do you think the court will rule that the cryptocurrency regulations are unconstitutional? This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material.
We can not stay away and remain silent about the current situation on the market. Certainly, we are closely following the evolution of the crisis of confidence in the crypto industry as a whole, and we want to express to you our point of view, give comments on the state of things in our project on the latest developments.
Our team, in what is now happening on the crypto market, sees more positive moments and new prospects for development. Of course, it is selfish of us to think like this, we come to such conclusions and consider the situation as applied to the OKOIN project.
Let us remind you that the OKOIN crypto currency relies on perhaps the most stable market in the world — the porn industry. The demand for adult products has never experienced a state of stagnation in its entire history of development, and the consumption growth every new year breakers the previous records.
We focus on introducing advanced technologies to the market — blockchain, virtual and augmented reality. It is their harmonious combination that will soon lead us to success and we will achieve serious heights. Our project, as all successful businesses, deals with many important and constraining rapid growth, problems and tasks. Stability and honesty of mutual settlements between the parties to the transaction.
Virtual reality technology in the OKOIN project satisfies the basic human need — a constant search for new and previously unknown sensations.
The desire to get these feelings makes us tick, regardless of gender, age and nationality. All these facts allow us to draw a conclusion about the serious stability and prospects of OKOIN in times of sharp exchange rate fluctuations of the main cryptocurrencies. Relying on fundamental values — constantly growing demand, satisfaction of market needs and stability, we understand that OKOIN can become an instrument of preservation and augmentation of capital for many crypto investors.
The choice is yours! Convert crypto assets into fiat and absorb losses, keep observing the global market decline and do nothing or look for growth options. This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services.
Ogling the fortunes of the filthy rich is a popular pastime with the poorer segments of society. It would be nice to pretend that decentralization and the separation of money and state are the primary motivators for people flocking to crypto. The truth is often more vulgar though. Human curiosity is a powerful urge, and money — in all its forms — is a natural magnet for the envious and the curious. But this was equally true when we launched the first Forbes list of the wealthiest Americans in We did so anyway, firm in the belief that we made the world a better place by shining a light on the invisible rich.
Controversially, it then adds: Of course, blockchains are public and fully auditable, and thus concealing huge amounts of cryptocurrency wealth is extremely difficult. Both men are undoubtedly billionaire rich, though in reality would be incapable of cashing out their vast XRP fortune in a hurry. Both lists are still populated by white men, but in crypto those men have a lot less wrinkles.
While fleetingly fun, the Crypto Rich List does nothing to advance understanding of cryptocurrencies or appreciation for their transformative power.
The men who made the list had the conviction to see the potential in cryptocurrencies when their peers dismissed them out of hand, and have been handsomely rewarded for their endeavors. For all its crassness, the Forbes Crypto Rich List is sure to become an annual staple that gives mainstream media a cryptocurrency angle the public can comprehend, and gives the crypto community something to debate, not only on account of who made the grade, but on account of the crypto whales who are noticeably absent.
The matter was eventually settled out of court. The statements come weeks after reports surfaced detailing an apparent banking embargo on the part of Australian banks targeting cryptocurrency businesses. Critics have taken aim at XRP for years, claiming that Ripple exerts an unprecedented degree of control over transactions, something the company has always denied.
A new report from Bitmex Research, whose cryptocurrency analysis carries great weight, suggests that ripple may be even more centralized than previously thought.
When a new blog post is published, the community takes notice. Written more like an academic paper than a blog, it delves into the origins and backstory to Ripple in forensic detail. While the entire report will be of interest to anyone trying to gauge what to make of Ripple, it is the section regarding centralization that has provoked the most interest.
The Bitmex blog post explores this allegation at length, explaining: In , Ripple took advantage of the Ripple freeze feature instituted in August The Bitstamp gateway froze funds belonging to a family member of Jed McCaleb. Some consider this ironic: Ripple originally stated that the freeze feature was implemented to enable gateways to comply with orders from law enforcement yet the first actual usage of the feature appears to have been an order to comply with an instruction from the Ripple company itself, against one of the founders.
This information was already in the public domain thanks to to court documents, as was the news that the first 32, block headers from the Ripple ledger are missing, making it impossible to fully audit the company all the way back to when billion XRP were created.
Bitmex does a meticulous job of tracking the ups, downs and labyrinthine goings on at Ripple HQ — or Ripple Labs as the company was known at one stage in its history. The node operated by downloading a list of five public keys from the server v1. The software indicates that four of the five keys are required to support a proposal in order for it to be accepted.
Since the keys were all downloaded from the Ripple. Indeed, our node indicates that the keys expire on 1 February just a few days after the screenshot , implying the software will need to visit Ripple. It may be more accurate to conclude that bitcoiners are well aware of Ripple and have elected to give the company and its coin a wide berth for the reasons outlined above. Has the Bitmex report changed your views of Ripple and do you think decentralization matters?
Skip to content This past week bitcoin cash BCH markets have been suffering from the bearish sentiment plaguing cryptocurrencies across the board. Openbazaar integrates bitcoin cash, and zcash this past week. Images via Shutterstock, Cointext, Openbazaar, and Acceptbitcoincash. Images via Shutterstock, Twitter, and Grayscale. Images courtesy of Shutterstock Need to calculate your bitcoin holdings? Images courtesy of Cryptograffiti.