Connect with us

Bitcoin

Science Museum in Cleveland to Take Bitcoin Payments

Published

on

Cleveland

Great Lakes Science Center, an engineering and technology museum in Cleveland, Ohio, has told local media outlets that it will begin accepting cryptocurrency payments on Nov. 13. The educational center is integrating Bitpay into its payments system for ticket sales ahead of a blockchain conference that will be held at the facility in December.

“Accepting bitcoin is just a small part of the momentum to grow a blockchain ecosystem in Cleveland,” stated Kirsten Ellenbogen, president and CEO of Great Lakes Science Center. “Last year we launched our mobile app that uses augmented and virtual reality to allow guests to experiment with flames in space and test spacecraft designs re-entering Earth’s atmosphere when they visit the NASA Glenn Visitor Center, and now they’ll be able to use their phone to pay for their admission using Bitcoin.”

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Altcoins

Kepler Technologies Crypto Trading Terminal Kattana Simplifies Trading with an Access to Multiple Crypto Exchanges and Covering All Crypto Traders’ Flow in One App

Published

on

Cryptocurrency Exchanges

Kepler Technologies GmbH, a software product company launched by the founders of TaaS fund, announces the beta version of Kattana, the first desktop-based trading terminal allowing users to trade blockchain assets through one app on multiple exchanges and offers a complete range of tools for professional trading, from market analysis to measuring trading performance. Unlike existing solutions, Kattana has a fully customizable interface and offers tools that cover the whole workflow of a trader.

Currently, cryptocurrency markets are highly fragmented in terms of trading volumes and pairs availability. On the other hand, crypto traders rely on the broad range of tools for analyzing charts, executing trades and measuring their trading performance. This means inefficiency in terms of time and money spent by traders. Kattana aims to solve this problem by allowing traders to focus on actual trading and making profits instead of hassling around various exchanges and tools.

Trading

As of this writing, Kattana supports 3 major crypto exchanges: Binance, Bittrex and HitBTC.

Kattana offers some distinctive features that allow crypto-traders to:

Tailor workspace layouts to their individual trading workflow and goals for an efficient trading experience.

Evaluate their asset positions in realtime to gain better understanding of the results each of their trades yields.

Perform multiple time frame analysis easily inside market scanner to get the grasp of a broader market perspective.

Assess what results their trades bring as compared to a benchmark index (alpha) and make wiser trading decisions in the future.

Keep track of their market exposure by asset and trading venue in realtime to improve the execution of their risk management strategy.

To start trading through Kattana, a user must have an account on at least one of the abovementioned exchanges with the sufficient balance available there. In addition, a user needs to generate API keys with the permission for trading.

As regards to security, all API keys are encrypted and stored on your device only. The application does not have the access to even a part of your key and does not store it on a server. The user can permanently revoke exchange connection from Kattana at any time by just deleting their keys in the profile section.

As Bohdan Kit, a Product Lead of Kattana team has said: “Having access to one of the most successful trading teams on the market at TaaS Fund, we were able to combine the best trading practices and apply them in the process of product development. So, Kattana is made by traders for traders. Our ultimate mission is to help crypto-traders stay profitable in the long-run and improve their performance. Kattana is built to provide tools you need to achieve this”.

In the nearest future, the team plans on connecting all major cryptocurrency exchanges to Kattana and improve functionality of the existing product features.

To try Kattana’s beta go to Kattana website and download it

About Kattana:

Kattana is a professional trading terminal for blockchain assets, powered by Kepler Technologies, a software company specializing in building solutions for cryptocurrency traders and investors. Our mission is to bridge the gap between users and digital currency markets by providing state-of-the-art technologies for the financial system of tomorrow.

Continue Reading

Altcoins

3DCoin is now listed on the p2pb2b exchange

Published

on

Coin3d

With the exceptional achievement of reaching the worlds top 5 in terms of masternode count even before the market started, the highest crypto-growth rate in history. 3DCoin now joined the European exchange p2pb2b.io on x December 2018.

P2pb2b.io is a very professionally ran exchange, it was a great choice for its low fees, excellent support service, and an interesting referral program that leads to even further savings on fees.

Belonging to the Districts Project ecosystem, 3DCoin represents, according to its founder, Zain, “the greatest leap forward in the adoption of the blockchain technology”, this is due to its original proof of service consensus protocol that immunizes it against most of attacks without the energy or staking requirements of older ones, and its advanced scripting that allows the 3DCoin blockchain to be the support of entire decentralized applications accessed both on the Districts 3D world or any other platform, while making all transactions instantaneous and programmable.

3DCoin

Initiated by the Blockchain Technology LLC, located in Dubai, mid 2016, the Districts Project swiftly gathered around itself many enthusiastic investors then successfully entered the ICO phase leading to the creation of 62 million 3DCoin, for a maximum supply of 85 million, the main net was launched in April 2018, followed by many updates in the track of the development roadmap.

It is the official currency of the Districts 3D VR world, which is meant to be a free space for business, education, and entertainment; contents existing as a decentralized application hosted and ran by a set of specialized nodes (Pulse, Prime), all made by the users.

Statistics show that the 3DCoin network is backed-up by more than 3100 masternodes demonstrating the solidity of the project and the trust that the community puts on the development team. Masternodes are central to the consensus protocol and will permanently replace miners in block creation.

3DCoin, and the Districts Project in general, aims at democratizing online entrepreneurship opening the opportunity for the largest numbers to create and run their DApp businesses, by offering intuitive tools that simplify the creation DApp and smart contracts.

To learn more, please visit: https://3dcoin.io/

Telegram channel: https://t.me/Project_Districts

Continue Reading

Altcoins

Kenneth Rogoff: Cryptocurrencies are Like Lottery Tickets that Might Pay off in Future

Published

on

Bitcoin Price

With the price of bitcoin down 80% from its peak a year ago, and the larger cryptocurrency market in systemic collapse, has “peak crypto” come and gone? Perhaps, but don’t expect to see true believers lining up to have their cryptocurrency tattoos removed just yet.

At a recent conference I attended, the overwhelming sentiment was that market capitalisation of cryptocurrencies could explode over the next five years, rising to $5-10tn (£4-8tn). For those who watched the price of bitcoin go from $13 in December 2012 to roughly $4,000 today, this year’s drop from $20,000 was no reason to panic.

It is tempting to say, “Of course the price is collapsing.” Regulators are gradually waking up to the fact that they cannot countenance large expensive-to-trace transaction technologies that facilitate tax evasion and criminal activity. At the same time, central banks from Sweden to China are realising that they, too, can issue digital currencies. As I emphasised in my 2016 book on the past, present, and future of currency, when it comes to new forms of money, the private sector may innovate, but in due time the government regulates and appropriates.

But as I also pointed out back then, just because the long-term value of bitcoin is more likely to be $100 than $100,000 does not necessarily mean that it definitely should be worth zero. The right way to think about cryptocurrency coins is as lottery tickets that pay off in a dystopian future where they are used in rogue and failed states, or perhaps in countries where citizens have already lost all semblance of privacy. It is no coincidence that dysfunctional Venezuela is the first issuer of a state-backed cryptocurrency (the “petro”).

The ultimate obstacle for any cryptocurrency is that eventually there has to be a way to buy a range of goods and services beyond illicit drugs and hit men. And if governments ever make it illegal to use coins in retail stores and banks, their value must ultimately collapse.

Many crypto-evangelists insist that bitcoin is “digital gold,” in part because the long-term supply is algorithmically capped at 21 million. But this is nutty. For one thing, unlike gold – which has always had other purposes and today is employed widely in new technologies from iPhones to spacecraft – bitcoin has no alternative use. And even if bitcoiners manage to find a way to lower the phenomenal energy cost of verifying transactions, the very nature of decentralised ledger systems makes them vastly less efficient than systems with a trusted central party like a central bank. Take away near-anonymity and no one will want to use it; keep it and advanced-economy governments will not tolerate it.

The evangelists dismiss such concerns: bitcoin can still be incredibly valuable as long as enough people perceive it as digital gold. After all, they argue, money is a social convention. But economists (including me) who have worked on this kind of problem for five decades have found that price bubbles surrounding intrinsically worthless assets must eventually burst. The prices of assets that do have real underlying value cannot deviate arbitrarily far from historical benchmarks. And government-issued money is hardly a pure social convention; governments pay employees and suppliers, and demand tax payments in fiat currency.

But it is too soon to say how the new world of digital currencies will play out. Central banks will get into the game (their reserves are already a form of wholesale digital currency), but that is not the end of the story. US Treasury Direct, for example, already offers retail customers an extremely low-cost way to hold very short-term Treasury debt for amounts as little as $100, tradable to others in the system. Still, heavy security makes the system relatively cumbersome to use, and just maybe governments might adopt one of today’s private digital technologies.

For the moment, the real question is if and when global regulation will stamp out privately constructed systems that are expensive for governments to trace and monitor. Any single large advanced economy foolish enough to try to embrace cryptocurrencies, as Japan did last year, risks becoming a global destination for money-laundering. (Japan’s subsequent moves to distance itself from cryptocurrencies were perhaps one cause of this year’s gyrations.) In the end, advanced economies will surely coordinate on cryptocurrency regulation, as they have on other measures to prevent money laundering and tax evasion.

But that leaves out a lot of disgruntled players. After all, many today – including Cuba, Iran, Libya, North Korea, Somalia, Syria, and Russia – are labouring under US financial sanctions. Their governments will not necessarily care about global externalities if they encourage cryptocurrencies that might have value as long as they are used somewhere.

So, while we shouldn’t be surprised by this year’s cryptocurrency price bust, the price of these coins is not necessarily zero. Like lottery tickets, there is a high probability that they are worthless. There is also an extremely small outside chance that they will be worth a great deal someday, for reasons that currently are difficult to anticipate.

Kenneth Rogoff is professor of economics and public policy at Harvard University. He was the IMF’s chief economist from 2001-03.

Continue Reading

Bitcoin

Indian Government Panel Recommends Complete Ban on Bitcoin

Published

on

BTC

Ending the speculation on virtual currencies such as cryptocurrencies and bitcoins, a government panel has suggested that the government should consider framing a new law for regulating that space, said sources familiar with the matter.

“The panel has categorically said that all such currencies should be treated as ‘illegal,” one of the sources told CNBC-TV18, requesting anonymity.

The panel has suggested that a new legal framework within the Reserve Bank of India (RBI) guidelines should be brought in to ban cryptocurrencies and the law should clearly specify that any kind of dealing in such currencies should be treated as illegal, said the sources.

In November, the government had appointed a panel to draft the norms for virtual currencies. The panel was headed by Subhash Chandra Garg, secretary, department of economic affairs (DEA) and has submitted its report to finance minister Arun Jaitley.

The panel has also said, “The law should enlist punitive measures that the government and its investigative agencies can take in case it finds anyone or any entity trading or dealing/ holding it.”

In November, the government had appointed a panel to draft the norms for virtual currencies. The panel was headed by Subhash Chandra Garg, secretary, department of economic affairs (DEA) and has submitted its report to finance minister Arun Jaitley.
On whether India would venture in having such a currency, the panel has suggested that “a new sovereign backed virtual or cryptocurrency may be proposed considering global circumstances; probably at a later stage.”

In February 2018, finance minister Arun Jaitley in his Budget speech had said that the government does not consider cryptocurrencies as legal tender, giving a clear message on the warnings issued by RBI and the finance ministry. He also said that the government will take measures to eliminate the use of such currencies in financing illegitimate activities or as part of the payment system.

The income tax department also suggested the panel that the government should ban cryptocurrencies. This was followed by a word of caution coming in from the Supreme court-appointed special investigation team (SIT) on black money saying that the centre should not legalise cryptocurrencies.

Continue Reading

Altcoins

Crypto Diehards Say Slump Is ‘Bump in the Road’ Before Growth

Published

on

Crypto

The future of cryptocurrencies will entail greater regulation, more involvement by large institutions, lower volatility and greater integration with traditional assets.

That’s according to panelists at the Bloomberg Crypto Summit held in London on Friday. The summit convened at the end of the bloodiest year yet for the nascent crypto market, in which more than $700 billion has been lost, to assess the damage and look ahead to 2019.

While no one forecast an immediate rebound in crypto prices — Bitcoin has lost about 80 percent of its value this year — they cast the current downturn as more like growing pains than rigor mortis. In fact two areas of growth for the industry will come from low-volatility tokens known as stable coins and so-called security tokens, digital contracts that represent ownership of assets such as real estate or stocks.

“I don’t regard this as an existential crisis, I just regard it as a bump in the road and institutional investors have had plenty of bumps in the road in conventional currencies and transaction systems,” James Bevan, chief investment officer at CCLA Investment Management, said on a panel.

One of the hottest crazes in the world of crypto this year, stable coins, still has plenty of room to run said Lewis Fellas, chief investment officer at crypto fund Bletchley Park Asset Management. While some estimates put the number of projects in development at as many as 120 we are only in the early innings of the proliferation, Fellas said.

“I think we’re just getting started,” Fellas said. “I can see a huge expansion.”

However the market develops, regulation will be a constant and growing feature of the digital assets world in 2019. That could be good news for entrepreneurs and business owners wanting governments to confer legitimacy on an industry rife with scams and manipulation.

Read More: Crypto Crash Is Causing Startups to Shutter Operations

It could also pose challenges if different jurisdictions adhere to lower standards than others, especially if that’s smaller countries that have been proactively promoting themselves as a destination for crypto businesses, said Ryan Radloff, chief executive officer of CoinShares.

Still, it’s a beneficial to get the wheels in motion for crypto regulations so the industry can learn from potential mistakes, said Marieke Flament, global chief marketing officer at Circle Internet Financial Ltd.

“It’s good to see some larger countries step through and show the route, but I would not discredit the work that others are doing, because if you have no one starting then everyone is waiting,” said Flament.

Continue Reading

Altcoins

Bitcoin Cash Is Now Available on Gemini

Published

on

Winklevoss

Gemini to announce support for Bitcoin Cash trading and custody on Gemini. Beginning Saturday, December 8th at 9:30am ET you will be able to deposit Bitcoin Cash into your Gemini account. Trading will begin on Monday, December 10th at 1pm ET. Bitcoin Cash (BCH) is the fifth digital asset available on the Gemini platform, joining Bitcoin, Ether, Litecoin, and Zcash. As such, Gemini will be offering the following new trading pairs and services:

Bitcoin Cash, a fork of the Bitcoin network, was recently forked into two distinct networks and blockchains: Bitcoin ABC and Bitcoin SV. At this time, Gemini will only be providing support for the Bitcoin ABC network and Gemini will be referring to it as Bitcoin Cash with ticker: BCH. Gemini have added replay protection to all BCH withdrawals from the Gemini platform to ensure transactions are only valid on the Bitcoin ABC blockchain. Any cryptocurrency sent to Gemini over a blockchain that Gemini do not support, such as Bitcoin SV (BSV), will be invalid and irrecoverable. Geminie are continuing to evaluate Bitcoin SV over the coming weeks or months, and Gemini may or may not choose to support withdrawals and/or trading of Bitcoin SV in the future.

Bitcoin Cash seeks to build on the goal of the original Bitcoin and become an electronic cash system, similar to other payment methods such as debit and credit cards. Their roadmap includes changes such as adjustable blocksize caps, canonical transaction ordering, and new operating codes, which lay the groundwork for further transaction throughput enhancements.

Gemini have worked closely with the New York State Department of Financial Services (NYSDFS) to obtain approval to offer Bitcoin Cash trading and custody services for our customers, and we are excited to add this cryptocurrency to the Gemini platform — the world’s most regulated cryptocurrency exchange and custodian. Gemini are proud to provide our customers with a safe, secure, and compliant method to buy, sell, and store cryptocurrency as Gemini build the future of money.

Continue Reading

Altcoins

US Law: Crypto is Money, Property, a Commodity, and a Security, all at the Same Time

Published

on

Secure Token

Although various authorities in the US have repeatedly claimed that they do not wish to over-regulate cryptoassets or to stifle innovation in the space, overlapping regulations produced by a multitude of distinct agencies with different missions and priorities have produced a confusing mix of classifications and requirements. At the federal level alone, the Internal Revenue Service (IRS), the Department of Treasury through its Financial Crimes Enforcement Network (FinCEN), the Commodity Futures Trading Commission (CFTC), and the Securities and Exchange Commission (SEC), all impose requirements on the issuance, sale, and/or exchange of cryptoassets (also referred to as ‘crypto’).

The IRS regulates crypto as property, imposing record-keeping and reporting requirements on purchasers and denying owners the benefits of treating cryptocurrencies as ‘currencies’, even though FinCEN regulates businesses involved in the exchange of crypto as ‘money’ exchangers. Although the CFTC treats all crypto as commodities, and vigorously pursues enforcement actions when it sees fraud in connection with transactions involving crypto, the SEC simultaneously regulates the issuance of new cryptoassets as securities. In this way, a single cryptoasset is often regarded simultaneously as money, property, a commodity, and a security.

The problems posed by this approach relate to the extensive regulations imposed by each agency. FinCEN, for example, requires businesses involved in the exchange of crypto to register with it, and to comply with rigorous anti-money laundering and know your customer requirements. The obligation to make suspicious activity reports can also be overwhelming, and as Ripple can attest, the penalties even for non-criminal violations of these requirements can be substantial. At the same time, when cryptoassets that are regulated by FinCEN are issued or sold, the SEC is likely to impose extensive disclosure obligations in connection either with registration as a security or complying with an exemption from registration under federal law. Many of the available exemptions limit the persons to whom crypto may be issued or resold, restrict the amounts that can be raised, and/or impose extensive disclosure and sometimes on-going reporting requirements. The expenses associated with complying with these obligations can be prohibitive. Similarly, it is likely to be both expensive and time consuming for crypto exchanges to respond to Department of Justice subpoenas seeking information at the request of the IRS, acting to enforce the federal tax laws. Add to that the risk that the CFTC may choose to investigate and enforce what it considers to be suspicious or fraudulent behaviours, and it is easy to see why the US is not regarded as being receptive to crypto.

To further complicate matters, this is only the federal layer of regulatory oversight. Every state also has its own set of laws, and many of those may apply to crypto. For example, each state has its own securities laws, and only a small minority of states have determined that crypto should generally not be regulated under state securities laws. Similarly, states also have their own tax regimes, and again, many of those jurisdictions impose tax burdens on users of crypto. States also regulate money transmitters, often choosing to classify businesses facilitating the exchange of crypto as being subject to registration and reporting as money transmitters or as virtual currency businesses. Some states have even adopted specific and unique regulatory approaches geared towards crypto.

The current reality is that regulatory agencies in the US started with the idea that all cryptoassets are alike, relying on a very broad definition of ‘virtual currency’ originally promulgated by FinCEN and quickly adopted by the IRS. Thus, once it appears that any aspect of crypto is within a particular agency’s mission, the agency generally attempts to assert jurisdiction over all crypto. My paper suggests that a more nuanced regulatory approach would be more in line with stated goals of avoiding overregulation, while still allowing each agency room to fulfil its mission.

Continue Reading

Bitcoin

TravelCash Announces Digital Alternative for Mobile Payments

Published

on

TravelCash

TravelCash, a new mobile payment system, is using blockchain technology to provide a digital alternative to the credit card industry by introducing a lower cost payment processing solution, resulting in significant savings for merchants and customers. TravelCash is developing a cryptocurrency and integrated mobile payment and rewards system over the Stellar platform which is capable of processing between 1,000 and 5,000 transactions per second.

When it comes to credit cards, merchants face high processing and transaction fees that can run as high as 3.5 to 4 percent. For merchants that experience a high volume of chargebacks, this fee can run even higher. Even paying 2 percent—not counting the additional monthly and per-item fees—can dramatically alter the cash flow of a business. With brick-and-mortar retailers facing increasingly tight margins, a low-fee payment system could mean the difference between profitability and running in the red.

“With our fees at just 1 percent, we save merchants 50 percent to 70 percent over credit cards and because the app lets merchants take payments immediately, no additional equipment is needed,” says Will Gozzard, chief vision officer for TravelCash. “The process is designed to be seamless and the savings are substantial.”

For consumers, TravelCash is developing a digital wallet in the form of a mobile app, with many of the features being built to streamline the purchasing process, reduce the risk of fraud and eliminate waste. In the future, consumers will be able to pay for goods and services using a TravelCash QR code, collect merchant rewards such as airline miles or grocery store gas points, and save receipts, all through TravelCash’s recoverable wallet, stored securely on the Cloud.

“In fact, we envision TravelCash being accepted in every aspect of life: from online travel booking sites, to grocery stores, from hotels to restaurants and at gas pumps – even on sharing economy platforms such as Uber and Airbnb,” says Gozzard. “With our app, consumers can simply pay on the go with their phones and not have to worry about any of the risks of carrying cash or credit cards.”

Continue Reading

Altcoins

An Investment Company or a Bitup-Agency

Published

on

235125

New opportunities for business activity are emerging along with the development of information technology. For example, you can receive financing for your project almost directly from your couch. How should you attract investments to your business — using a traditional way, through an investment company, or by turning to a Bitup-Agency?

Investment Company

Banks and loan companies are still the main sources of financing. Getting a loan for business project implementation (even with a high interest) is almost impossible if you do not have an active business, property to serve as collateral or income that would allow paying out the loan.

You can count on a large investor only if your business offer is intended for the B2B sector and supported by good recommendations from business partners.

Where to Look for Investors?

Most startups cannot offer capital owners anything but an idea. In such cases, entrepreneurs have to look for “business angels” — private investors united into associations or clubs, which handpick promising projects and finance them as an organization or individually. Another way to attract initial capital is directly through private investors.

In order to add your startup to the investor’s portfolio, you have to present a business plan and a beta version or a prototype of the offered product with its following launch. Sometimes, creating a “selling” business plan on your own is difficult and a startupper has to turn to specialists to prepare project documentation, which leads to additional costs.

 

You can find an investor (and more than one) by publishing your business idea on specialized websites of crowdfunding platforms, where, based on the type of sponsor remuneration, a startupper chooses the crowdfunding model that fits his/her business idea from:

— Charity;
— Non-financial reward;
— Financial reward:

  • Crowdinvesting;
  • Crowdlending and P2P lending.

The first European platform for “public financing”, Ulule, was created by the French in 2010 and now estimates five thousand successful projects.

With the development of IT and the emergence of Blockchain, another way of attracting financing became possible in the form of crowdsale or ICO (Initial Coin Offering).

Crowdfunding (public financing) implies that projects are funded exclusively with fiat money. The capital owner purchases the end product of the project even before its implementation. During ICOs (crowdsales), fundraising means the acquisition of digital tokens by an investor in order to use the services of the project after its launch. The acquired crypto coins can be traded on special digital exchanges to receive profit from the exchange rate difference of coins. Or, according to the terms and conditions of the project, an investor becomes a shareholder and the number of tokens defines his/her stake.

Currently, the ICO platforms that are in the highest demand include: Ethereum, Omni, Waves, Bitbon System, Nxt and so on. Each of the mentioned platforms strives to find its place in the global Blockchain-based economy. According to ICObench, as of the third quarter of 2018, 518 successfully implemented ICO projects have attracted $2.4 billion. Private financing has increased by about 90%, which indicates the interest of hedge funds in ICOs. According to the studies of Crypto Fund Research, by the end of 2018 – the beginning of 2019, approximately 220 new funds intended for investing in crypto currencies will emerge. Experts believe that venture funds will also be among the ones interested in acquiring crypto assets.

Bitup-Agency

Despite a certain fall in crypto currency prices, ICO is still the most accessible resource to attract initial capital for startup or business idea implementation.

Among the platforms we had already mentioned, the one that deserves special attention, in our opinion, is a progressive digital investment platform — the Bitbon System. Contributing is its main difference from similar platforms in the way it approaches digital investments. Bitbon, as a System’s internal currency, contains a part of property rights to material values. The developers define fundraising in the Bitbon System as IBO (Initial Business Offering), and it includes three parties: Contractat (initiator of the business idea), Contributor (investor) and a Bitup-Agency, which makes the decision on the admission of the project to the IBO and supervises the project at all stages until its commercial launch.

The Bitup-Agency as a System participant evaluates the project and assigns it a corresponding category, depending on whether or not the offered business idea is backed by assets, which also determines the price of Projectbons (tokens of a specific project) in the IBO process. All rights and obligations of participants involved in Contributing are regulated by a digital document — Projectbon Public Contract of a specific project.

When turning to the Bitup-Agency, the initiator of the business idea (Contractat) receives a certain space in the Bitbon System, which contains all the information about the project, and his/her rights are protected by the Projectbon Public Contract. Most business idea creators are cautious about sharing any information on the project because of their distrust of the resources. If you present your business idea via the Bitbon System, you do not need to worry about someone else using it. The Bitup-Agency ensures that the rights of the Contractat (creator of the business idea) are not being violated, and that the obligations to the Contributor (investor) are fulfilled in accordance with the signed Public Contract.

Technologies will continue to develop while crypto currency and Blockchain will become more attractive as investment instruments to both investors and entrepreneurs. In order to keep up with global trends, you should already start embracing digital platforms as an instrument for the development of your business.

Continue Reading

Altcoins

Bitcoin Cash Chain Upgrades

Published

on

Blockchain Consortium

The Bitcoin Cash (BCH) blockchain has split and many supporters are ready to move on, as the hash war is said to be over because the Bitcoin SV developers have revealed that they will add replay protection. But with all the focus on the emergence of a new chain, many people haven’t even noticed that the BCH software has been upgraded.

For instance, new protocol changes have been applied to the blockchain, including a clean stack for more efficient script evaluation, canonical transaction ordering (CTOR), an enforced minimum transaction size, push-only for scriptsig, and the addition of the opcode OP_Checkdatasig.

The two recent fork additions, OP_Checkdatasig and CTOR, have been the topic of intense discussion over the past few weeks. With CTOR, transactions within a block are sorted differently, while removing the limits of topological transaction ordering (TTOR). Developers believe CTOR removes a lot of the complexity of block template creation time. When coupled with the Graphene protocol, the chain could see a more efficient method of broadcasting blocks as well.

BCH developer and cryptocurrency miner Jonathan Toomin has published a comprehensive description of CTOR, while blockchain researcher Joannes Vermorel has also written about the protocol in great detail. And Bitcoincash.org explains that Bitcoin ABC developers believe CTOR “will have huge payoffs for the future of Bitcoin Cash.”

Continue Reading

Trending