A good explanation on the purpose of the 'data' field when you send a transaction - Medium
February 26, 2019 2:27 PM You may have noticed that when interacting with a smart contract (e.g., sending tokens), your transaction automatically contains input data. On MyCrypto, this is simply labeled ?Data? - but what does it do? In this article, you?ll find a technical explanation of transaction input data, including what it is and how it works. Let?s start off by taking a look at this token transaction. A person sent zero ETH to 0xd26114cd6ee289accf82350c8d8487fedb8a0c07 (the OmiseGO contract address), and Etherscan reveals it was a transaction for about 0.19 OMG tokens to this address. So how did the EVM (Ethereum Virtual Machine) know that this person wanted to transfer this amount of tokens to another address?
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A good response when someone tells you that Bitcoin costs too much to mine
February 26, 2019 8:48 AM Visit Twitter for Tweet content.
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It's time to upgrade the LYM token! | Token swap information
February 26, 2019 5:36 AM As you may well know, Lympo?s ultimate goal is creating a comprehensive healthy lifestyle platform powered by user-generated and user-controlled data, it all being connected to real-life use cases for the LYM utility token. To be able to continue technical work in this direction, a need has arisen to upgrade the LYM token to a newer and more robust version which will help ensure a bright future for the whole platform. And that?s exactly what we?re doing! The upgrade will consist of updating LYM?s smart contract and swapping the token to a more reliable and robust version that will feature cheaper transaction fees and a multi-signature wallet functionality, which will enable secure communication between Lympo app and the public blockchain.
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Lightning Network bank-wallet is "kind of centralized but it has to be this way if you want mass-adoption"
February 25, 2019 10:26 PM Visit Twitter for Tweet content.
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Questions and Answers About the QuadrigaCX Crash
February 23, 2019 12:31 PM Last week, nearly all leading crypto news agencies published articles about the largest Canadian exchange QuadrigaCX and unclear problems related to the exchange?s CEO Gerald Cotten and his unexpected death in India. The trading platform experienced banking problems for more than a year while users weren?t able to withdraw fiat or crypto directly. The recent death of the company?s CEO and statements that only Cotten had exclusive access to the firm?s funds caused new fears that QuadrigaCX is a fraudulent project with unfair owners. This story is full of questions, so we want to answer at least some of them. Let?s begin with things that we know for sure and then move to less clear points.
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Scammers Net Over $300,000 in Bitcoin "Sextortion" Attack
February 23, 2019 4:13 AM -Bitcoin news, price, information & analysis According to research conducted by UK cyber crime investigation firm Digital Shadows and reported in The Next Web, cyber criminals have managed to generate around $332,000 in Bitcoin from an email-based blackmail scam. These funds were sent from over 3,100 unique Bitcoin addresses. The scam was first reported in 2017. However, the popularity of the attack grew throughout 2018, with many more examples of the emails surfacing. The ?sextortion? scam, as the publication has deemed it, is rather basic in its design. Victims receive an email stating that they have been recorded viewing explicit content online through their webcam. The sender pledges to go public with the footage if a ransom is not paid in Bitcoin.
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Mark Zuckerberg Reveals His Thoughts on Blockchain-Based Authorization
February 22, 2019 2:40 PM The CEO of Facebook talked to Jonathan Zittrain and discussed the potential advantages of blockchain online logins. Mark Zuckerberg shared his opinion on decentralized authentication services in the most recent interview conducted by a Law professor from Harvard. At all, the Facebook leader remained vague about such an innovation. As it was told, on the one hand, it can be useful for software developers and users to get rid of third-party corporations which limit accesses now. On the other hand, blockchain sets a lot of challenges like more difficult recourse or high tech requirements. In details, here are key ideas from the interview.
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Tael has been integrated with @bitladon, providing the first Fiat Tael payment gateway!
February 21, 2019 8:26 PM Visit Twitter for Tweet content.
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February 21, 2019 8:03 PM Dr. Moody Alam is joining IOTA as Director of Research. In this role, Moody will focus on overseeing research at the IOTA Foundation. Dr. Moody Alam is a Chartered Scientist (CSci) with the UK Science Council, and a Fellow of the Royal Statistical Society (RSS) and British Computer Society (BCS). He has been a Visiting Professor in Pakistan and was formerly a Principal Researcher at the University of Oxford. He holds a Ph.D. in Distributed Artificial Intelligence and specializes in designing decentralized protocols for intelligent systems. He has authored over 20 peer-reviewed publications in prestigious conferences and journals. His academic services also include serving on over 15 conference and programme committees and as a journal editor (Advancement in Pattern Recognition, 2018).
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Crypto Company Solidus Raises $3 Million
February 21, 2019 6:36 PM Solidus offers a surveillance platform for digital asset trade. Founded in 2017 by former Goldman Sachs engineers Asaf Meir and Praveen Kumar, Solidus stated it set out to promote institutional and mainstream adoption of cryptocurrencies by offering technologies that support transactional integrity and help ensure compliance. Solidus said in a statement it lists exchanges, broker-dealers, and hedge funds in Europe, the U.S., and Israel among its clients.
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Graham Bright (Euro Exim Bank) at Ripple Regionals: Europe 2018
February 21, 2019 6:28 PM Graham Bright is the Head of Compliance and Operations at Euro Exim Bank. Addressing an audience at Ripple Regionals: Europe, Mr. Bright shares the challenges of helping customers move and monitor the value of goods as they cross borders. Learn how Mr. Bright is harnessing the power of RippleNet to improve the "velocity, volume, veracity and value" of Euro EximBank's international payment processes.
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Alastair Constance (Mercury FX) at Ripple Regionals: Europe 2019
February 21, 2019 6:27 PM Alastair Constance (Founder and CEO of MercuryFX) discusses with Marcus Treacher (Ripple's Head of Customer Success) the impact xRapid and XRP can provide for cross-border payments at "Ripple Regionals: Europe" in London.
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Swiss Bank UBS (Not Bitcoin) Fined $5
February 21, 2019 5:33 PM A Paris court just hit Swiss Bank UBS AG with a $5.1 billion fine, after finding the investment bank guilty of money laundering. The fine included a 3.7 billion euro fine and 800 million euros in additional damages to the French state. The record penalties exceed the bank?s net profit of $4.9 billion reported in 2018. The Zurich-based bank was convicted of soliciting high-net-wealth clients to help them dodge taxes. Christine Mee, president of the court, stated, ?The court can only conclude that (UBS) consistently put its own financial interests over the sovereign rights of the French state.? UBS, one of the world?s largest wealth management banks, denies any wrongdoing and is appealing the verdict.
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10 ways blockchain and IoT can revolutionize supply chain management
February 21, 2019 6:32 AM Ineffective supply chains are costing companies around the world big money. In the United States, for example, the average business loses an average of 171,340 USD per year due to outdated supply chains. This, to be frank, isn?t a surprise. Supply chains today still run on terribly outdated technologies. Suppliers and manufacturers, for example, still use paper invoices which are processed manually. This, in turn, results in errors and delays in shipments, which in turn results in a loss for the companies involved. Is there a solution to this? The answer is yes. Two important technologies today that can help to mitigate the enormous loss that companies face due to their ineffective supply chains are:
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Deadal Nix - Bitcoin Core Dev "Luke-jr" can't answer why he is interested in Bitcoin
February 20, 2019 4:28 AM Visit Twitter for Tweet content.
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The best post from a traditional financial advisor I've ever read regarding Bitcoin: "Experiencing the suck of a massive drawdown can lead one to 'becoming a better investor' by having simply gone through it
February 20, 2019 12:14 AM While reading about Bitcoin?s most recent plunge, I stumbled across a blog post from Charlie Bilello titled ?Big Winners and Big Drawdowns?. In it, Charlie examined the massive, stomach emptying drawdowns experienced by shareholders of Apple, Amazon, Microsoft and Alphabet at various times throughout the last two decades. I heard that Amazon?s -94% dot-com bubble drawdown was so brutal it would have you begging for the S&P?s -55% drawdown from the Great Recession. Indeed, it took a lot of guts to ride either of those positions all the way down and all the back up again, but it required nerves of steel to deal with the pair of drawdowns Apple delivered investors in the 1990s and again in the early 2000s. Yikes! I am sure investors didn?t find their appetite for months. Yet, any buyer of any of the aforementioned companies still holding their original position today is absolutely crushing it!
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I'm pleasantly surprised that there is now so much activity on Lightning that my own little node is now routing more than $10,000/month
February 19, 2019 8:25 PM Visit Twitter for Tweet content.
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VeChain/DNVGL Featured On Italian National News Station RAI1 In Relation To MyStory Traceability Solution For Wines - (Video Clip of Segment Through Link)
February 19, 2019 6:09 PM Visit Twitter for Tweet content.
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Lightning Network finally kicks in!
February 19, 2019 1:17 PM Tippin is a Chrome and Firefox browser extension that enables tipping on Twitter by adding a tip button on every single tweet. All tips are made using Bitcoin through the Lightning Network: instant transactions, even of a few cents with almost zero fee. Furthermore, this is the first really interesting use case of the Lightning Network, the second layer solution implemented last year to scale Bitcoin. Not only the Twitter experience completely changes but it also open limitless future scenarios: an internet where, thanks to this extension/s, you can tip people on all socials (it can be for a tweet, for an article, for a video, for a comment, etc.), thus creating a new way to raise money by content creators without the need of a central agency and without the need of creating a new social platform and economic system from scratch!
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