Why Ethereum 1
January 25, 2019 1:53 AM Ethereum 1.0 wouldn?t be undergoing a complete redesign unless it had major flaws. So how did we get here? And why did Bitcoin seem to fare much better? Two important factors are user experience and economics. At at minimum, for a product to succeed it needs to be a compelling alternative to an existing problem, and the transaction fee must not exceed the economic value of the actual transactions. Together these point to an upwards trajectory for Bitcoin and a downwards trajectory for Ethereum 1.0. There?s a saying that for one product to replace another with network effects, it needs to be ten times better. Specifically it must be good enough to justify the painful switching costs. Here we examine that first competitor and if those improvements could arguably be called a 10x better experience.
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Germany makes up a fifth of the world's Bitcoin nodes
January 23, 2019 8:22 PM Crypto Briefing exists to advocate for the safe and responsible integration of blockchain and cryptocurrency into mainstream life. We believe. Our goal is to grow the crypto community - to help new converts understand the basics, and to share our research with experienced enthusiasts. Our ICO reviews are independent, unpaid, and unsponsored. Contact us: editor AT cryptobriefing.com. Crypto Briefing - ICO and Cryptocurrency Analysis, News, Features, Ratings and Reviews - Cryptocurrency News, Digital Asset Analysis, & Blockchain Updates What Is Chainlink? Introduction to LINK Token What Is Monaco? Introduction to the Crypto.com MCO Token
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Bitcoin Lightning Network Payments Have Already Surpassed All Altcoins At This Retailer
January 23, 2019 7:53 PM Lightning bolt strike from a monsoon thunderstorm over Casa Grande, Arizona.Getty For many, the Lightning Network has been viewed as Bitcoin?s answer to altcoins focused low transaction fees. It has the potential to provide the best of both worlds to cryptocurrency users in terms of payment functionality and liquidity. There are solid reasons to believe the Lightning Network could completely replace the need for potentially-unsecure altcoins that allow for cheap on-chain transactions, and the first signs of this theory becoming reality have been found at online retailer Bitrefill (see this post for an explanation of the Lightning Network and how it may impact the altcoin market).
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BitFury announces tools to drive Bitcoin Lightning adoption
January 23, 2019 3:39 PM BitFury, one of the largest blockchain development and servicing firm in the world, has announced a suite of new tools for merchants and developers to push lightning network adoption. Most of the tools are currently in development, but a few them have already been released. Some of them include an open source lightning wallet, developer tools to develop payment processing app and a public lightning network known as ?Peach?. ?The product bundle is designed to make using the lightning network ?easier for vendors and consumers to use,? Bitfury said in an article by Coindesk. Lightning Peach has already received their first client, cryptocurrency exchange ? BTCBIT. BitFury is helping the exchange set up a Lightning-enabled cryptocurrency trading.
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Dutch bank ABN AMRO has unveiled cryptocurrency storage facilities which will see its clients able to deposit Bitcoin (BTC) alongside fiat currency
January 23, 2019 12:02 PM Dutch bank ABN AMRO has unveiled cryptocurrency storage facilities which will see its clients able to deposit Bitcoin (BTC) alongside fiat currency. In what appears to be a marked change of stance on the sector, officials confirmed a trial was underway with 500 account holders on social media January 22. According to marketing literature uploaded to Twitter, ABN AMRO aims to offer Bitcoin storage in the same online banking environment customers use for their day-to-day activities through a product called ?Wallie.? The move sees ABN first to provide direct Bitcoin tools out of the major Dutch banks, beating off competition from Rabobank, which had announced a similar project, ?Rabobit,? in February last year.
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January 23, 2019 5:47 AM The co-founder and former Chief Technology Officer of Blockstream Bitcoin Core , Gregory Maxwell is seeking legal relief against Bitcoin Cash proponent and the Chief Executive Officer of Bitcoin.com, Roger Ver, over a libel. The said legal relief will be sought by Maxwell on the grounds of the libelous accusation made by Roger Ver on Reddit, reported Coingeek. In the subreddit r/Bitcoin, Ver claimed that Maxwell ?may have been involved with the hacking and vote manipulation false flag ?attack??. Ver went ahead and called Maxwell ?a crook.? Maxwell did not take Ver?s statement lightly, and sent a response to Ver stating,
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Tyler Winklevoss Predicts That Bitcoin Could Exceed The $7 Trillion Market Cap
January 22, 2019 9:21 PM The owners of the US crypto exchange Gemini, the Winklevoss twins, are adamant in their bullish views of Bitcoin?s future despite the current bearish climate. Crypto guru Tyler Winklevoss, during an AMA session with Reddit, claimed that Bitcoin is well on its way to surpassing the $7 trillion market of gold. ?Our thesis around Bitcoin?s upside remains unchanged. We believe Bitcoin is better at being gold than gold. If we?re right, then over time the market cap of Bitcoin will surpass the ~$7 trillion market cap of gold.? Say this were to happen, one BTC would be worth as much $333,333 once Bitcoins total supply of 21 million tokens is in circulation.
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Bitcoin daily tx volume is greater than all other top 10 coins combined!
January 22, 2019 8:10 PM In the beginning, there was only Bitcoin. Now, there are thousands of altcoins vying for a spot on the frontpage of the crypto asset charts. However, none of these newcomers have been able to come close to Bitcoin in terms of practically any measurable data point. For example, Bitcoin still processes more US dollar-denominated transaction value per day than all of the other top ten crypto assets combined, according to Coin Metrics. Here are the 30-day averaged adjusted transaction volumes for the top ten crypto assets ranked by market cap as of January 16th: Combined, the non-Bitcoin crypto assets in the top ten process $1.19 billion worth of estimated transactions per day.
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Less than a decade ago, 10,000 bitcoin bought you a pizza
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VeChain (VET) Collaborates with Mlily, Official Global Partner for Manchester United
January 21, 2019 4:28 PM VeChain (VET) has announced a partnership deal with Healthcare Co. Ltd. (Mlily), an official global partner for Manchester United since 2016. Mlily is a China A-Shares listed Public Company and a Shanghai Stock Exchange Mainboard listed Company, DBA Mlily. It is the largest memory foam mattress and smart bedding product research, development and manufacturer in the whole of China. Aside that, Mlily is the maiden among its peers to go into healthcare-related industries utilizing its proprietary Smart Bedding products. The healthcare bedding firm has global recognition, operating in Canada, Japan, Ireland, UK, US and China.
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Academic Minds At Stanford Are Creating A Cryptocurrency With Better Speeds Than Bitcoin
January 21, 2019 12:29 PM The smartest academic minds in the USA are collectively joining forces and brain power in an effort to create a new cryptocurrency which will essentially do what Bitcoin has failed to do so far and that is process thousands of transactions per second. Professors from seven USA-based universities including Stanford, University of California, Berkeley and the Massachusetts Institute of Technology have teamed up to build a digital asset in hopes of achieving new speeds that Bitcoin and other crypto token users can have always dreamed of. Dubbed the Unit-e, it will be the first project of Distributed Technology Research, which is a non-profit foundation formed by the academics from the seven universities which is backed by Pantera Capital Management LP, a hedge fund.
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Bitcoin Shows the Sustained Growth for a Decade
January 21, 2019 11:26 AM Ethereum Constantinople Fork May Leave Chinese ASIC Producer Out of Business Bitmain Scales Down Operations in Netherlands Ethereum Constantinople Fork: How It Affects ETH Miners Jihan Wu?s Double Game. From Bitcoin Evangelist to Dictator The Reason Why Bitmain Lays Off 80% of Its Staff What Determines Bitcoin?s Value? How To Accept Bitcoin For Your Business? Being A New User On Lit: Mithril?s App How To Select Bitcoin Mining Hardware ? What Are The Differences Between Bitcoin And Fiat Currencies? Latest Features: the Addition to VeChainThor Mainnet How the ?Incentive Token? Could Change the Face of Crypto
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Curious what old TCPIP connection payments look like the 1st #bitcoin transaction (from Satoshi to Hal Finney) was a uncompressed pub key, for which no address format exists, sent using a deprecated direct p2p payment method
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Korean Crypto Exchange Execs Sentenced to Jail Time Over Faked Trading Volume
January 21, 2019 12:49 AM Two top executives from the South Korean cryptocurrency exchange Komid will be serving jail time for faking artificially high trade volumes, according to reports. On January 17th, Komid CEO Hyunsuk Choi and in-house director Mo Park were sentenced to jail terms for their roles in ?orchestrating fraudulent trading volume? on the exchange. Prosecutors assigned to the proceedings described how Choi and Park faked 5 million transactions on the exchange, artificially inflating trade volumes to deceive investors and attract new users to the platform. It is estimated that the scheme netted the pair close to 50 billion won ($44.3 million).
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United Nations Calls Bitcoin and Crypto 'New Frontier' in Finance, Explores Ripple and IOTA Technologies
January 21, 2019 12:35 AM In a year-end report on the global economy, the United Nations calls cryptocurrency a ?new frontier? in digital finance. According to the UN, crypto and blockchain technology at large have the potential to create new and revolutionary business models that cut red tape and dramatically increase efficiency. This is not the first time the UN has expressed its interest in digital assets. In May, the United Nations Office for Project Services (UNOPS) revealed its collaboration with IOTA to ?explore how IOTA?s innovative technology ? which provides an open-source distributed ledger for data management ? can increase the efficiency of UNOPS operations.? UNOPS is also exploring Ripple?s suite of cross-border payment solutions, according to a report from the Association for Financial Professionals from late 2017.
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Beer can now be bought using Lightning at our Leipzig Bitcoin Meetup
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Tron's BitTorrent (BTT) Issues Airdrop Timeline For TRX Users, Begins With 10,890,000,000 BTT
January 20, 2019 9:21 PM Tron (TRX) blockchain technology successfully conducted the much lauded niTron Summit 2019 which hosted a number of who is who like CEO of Kiip, NWay?s CEO, CEO of BitGuild and director of Bancor, amongst other. There, the team behind the cryptographic project made series of claims including the achievement of over 2000 DApps milestone before the end of the year. Subsequent to the summit which added to the value of the cryptocurrency, BitTorrent, a family of Tron blockchain technology, unveiled an airdrop timeline where it would be rewarding Tron (TRX) holders bountifully. BitTorrent, in a release where the update was disclosed mentioned that it would kick start the bounty on February 11th, 2019. The first airdrop would take place when TRON?s block height reaches 6.6 million.
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AML Bitcoin ICO (ATK) ICO Rating, Reviews and Details | ICOholder Select widget Notification icon
January 17, 2019 6:12 PM NAC Foundation, LLC (?NAC?) a U.S. organization registered in Las Vegas, Nevada, focuses on development and application of blockchain technology and digital currencies. NAC?s primary mission is to strengthen the social sector by advancing knowledge about the use of regulated digital currencies and blockchain technology in the U.S. and globally, facilitating and contributing to economic development through positive experiences and opportunities generated through online commerce, and creating an environment that inspires trust, credibility and confidence among organizations, financial institutions, individuals, partners and stakeholders in order to be recognized as the pre-eminent company in digital financial products and digital financial business in the world. NAC's mission on AML-KYC compliance was first publicly reported in September 2014. After two years of engagement and inquiry, NAC?s dedication to its mission was recognized and NAC became a service member of the American Bank Association (ABA).
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