Who Was First to Describe the Concept of Smart Contracts?
The idea was introduced by famous cryptographer and legal scholar Nick Szabo in 1994. The concept, however, didn’t find practical application until 14 years later when Bitcoin was invented. Back then, it was already possible to execute smart contracts on its blockchain, but they were not implemented in client software due to security concerns. The mass use of smart contracts started in 2015 when the Ethereum blockchain was launched.
#flashcards
The idea was introduced by famous cryptographer and legal scholar Nick Szabo in 1994. The concept, however, didn’t find practical application until 14 years later when Bitcoin was invented. Back then, it was already possible to execute smart contracts on its blockchain, but they were not implemented in client software due to security concerns. The mass use of smart contracts started in 2015 when the Ethereum blockchain was launched.
#flashcards
Minter Validator: The Network Is Ready for Operation
More than six months ago, the Minter test network was launched, which aims to allow for creating individual coins and integrate them into various projects. The blockchain running on the Tendermint engine and using the Delegated Proof-of-Stake (DPoS) consensus algorithm has already found its validators, who will support the network and form the blocks using masternodes. DeCenter spoke of the goals, the difficulties of working on Minter, and the remuneration for the functioning of the network with Evgeniy Taburyanskiy, creator of the StakeholderSpace project that was one of the first to launch a validator on the Minter network.
Learn More Now! >
More than six months ago, the Minter test network was launched, which aims to allow for creating individual coins and integrate them into various projects. The blockchain running on the Tendermint engine and using the Delegated Proof-of-Stake (DPoS) consensus algorithm has already found its validators, who will support the network and form the blocks using masternodes. DeCenter spoke of the goals, the difficulties of working on Minter, and the remuneration for the functioning of the network with Evgeniy Taburyanskiy, creator of the StakeholderSpace project that was one of the first to launch a validator on the Minter network.
Learn More Now! >
decenter.org
Minter Validator: The Network Is Ready for Operation
The Minter network is ready for operation and we have a firsthand look at its inner workings.
A Clever Move by the SEC and the Banal Collapse of Bitcoin
An op-ed on the past week in crypto.
Read >
An op-ed on the past week in crypto.
Read >
decenter.org
A Clever Move by the SEC and the Banal Collapse of Bitcoin
Bitcoin is spiraling down the drain amidst negative news backgrounds and a blurry end in sight.
📨 #DeCenterDaily
👥 Coinbase says it was signing up 50,000 users a day last year.
via Bloomberg
💵 According to Kaspersky Lab’s Spam and Phishing report, scammers stole $2.3 million worth of cryptocurrency in Q2.
via CoinDesk
🇻🇪 Venezuela is reportedly eyeing a central bank for cryptocurrencies.
via ccn
🇸🇽 The Caribbean central bank of Curaçao and Sint Maarten is planning to issue its own digital coin.
via Bitcoin.com
🇯🇲 The Jamaica Stock Exchange (JSE) will introduce cryptocurrency trading in partnership with Canadian fintech company Blockstation.
via Cointelegraph
👥 Coinbase says it was signing up 50,000 users a day last year.
via Bloomberg
💵 According to Kaspersky Lab’s Spam and Phishing report, scammers stole $2.3 million worth of cryptocurrency in Q2.
via CoinDesk
🇻🇪 Venezuela is reportedly eyeing a central bank for cryptocurrencies.
via ccn
🇸🇽 The Caribbean central bank of Curaçao and Sint Maarten is planning to issue its own digital coin.
via Bitcoin.com
🇯🇲 The Jamaica Stock Exchange (JSE) will introduce cryptocurrency trading in partnership with Canadian fintech company Blockstation.
via Cointelegraph
Below is the link to Bloomberg’s recent interview with Ethereum co-founder Joseph Lubin (starts 13:17):
https://t.co/Dfckh40bjw
https://t.co/Dfckh40bjw
Periscope
Bloomberg @business
LIVE: Interview with Ethereum co-founder Joseph Lubin
Japan’s largest messaging app LINE has established a new corporate token venture fund with $10 million in capital for startups in the blockchain and crypto industry.
Read More >
Read More >
Cointelegraph
Japan’s Messaging Giant LINE Sets Up $10 Million Hong Kong Blockchain Venture Fund
Major Japanese messaging app LINE has announced its move into blockchain startup funding with a Hong Kong-based venture fund run through a subsidiary.
The Securities and Exchange Commission yesterday obtained permanent officer-and-director and penny stock bars against the founder of a company who perpetrated a fraudulent initial coin offering (ICO) to fund oil exploration and drilling in California.
Learn More >
Learn More >
Cointelegraph
US Regulator Fines and Halts Activities of Fraudulent Tomahawkcoin Issuer
The creator of Tomahawkcoin has agreed to a permanent officer-and-director ban and a $30,000 fine from the U.S. SEC after the ICO was found to be fraudulent.
To Fork or Not to Fork: How Crypto Exchanges Are Related to Hard Forks
What is the difference between "soft" forks and "hard" forks? What will happen to your cryptocurrency if it is stored in a hot wallet and will soon be faced with a hard fork? Why did the opinions of the crypto exchange teams about the hard forks divide so diametrically, and what could Themis offer to the holders who are left with no access to their assets? Let us examine these questions in our material.
Learn More >
What is the difference between "soft" forks and "hard" forks? What will happen to your cryptocurrency if it is stored in a hot wallet and will soon be faced with a hard fork? Why did the opinions of the crypto exchange teams about the hard forks divide so diametrically, and what could Themis offer to the holders who are left with no access to their assets? Let us examine these questions in our material.
Learn More >
decenter.org
To Fork or Not to Fork: How Crypto Exchanges Are Related to Hard Forks
The essence of a hard fork is the divide of a digital world, but many of them spill out into the real world with dire consequences.
Axoni, an enterprise blockchain startup founded in 2013, has concluded a $32 million Series B funding round headlined by a group of Wall Street’s largest financial institutions.
Read More >
Read More >
MarketWatch
Axoni Announces $32 Million Series B Funding Led By Goldman Sachs And Nyca Partners To Expand Blockchain Offerings
📨 #DeCenterDaily
📈 Bitcoin rallies as “the crypto market appears to be in its final stretch of its bearish state.”
via Bloomberg
🇨🇳 Ripple wants to target the Chinese market with its distributed ledger technology designed to speed up cross-border payments, an executive at the firm said.
via Cointelegraph
💵 Pantera Capital has already raised as much as $71 million for its recently launched third crypto fund.
via CoinDesk
🇲🇹 Malta’s financial watchdog has published a Virtual Financial Assets (VFA) Rulebook.
via ccn
🗝 The Coinhive miner generated 1,271 XMR, or approximately $250,000 worth of Monero, during the observation period of four weeks this spring.
via Bitcoin.com
📈 Bitcoin rallies as “the crypto market appears to be in its final stretch of its bearish state.”
via Bloomberg
🇨🇳 Ripple wants to target the Chinese market with its distributed ledger technology designed to speed up cross-border payments, an executive at the firm said.
via Cointelegraph
💵 Pantera Capital has already raised as much as $71 million for its recently launched third crypto fund.
via CoinDesk
🇲🇹 Malta’s financial watchdog has published a Virtual Financial Assets (VFA) Rulebook.
via ccn
🗝 The Coinhive miner generated 1,271 XMR, or approximately $250,000 worth of Monero, during the observation period of four weeks this spring.
via Bitcoin.com
Overstock loses 21% of market value as crypto craze fades.
Read More >
Read More >
Coinbase has acquired San Francisco-based startup Distributed Systems Inc., which works on decentralized identity solutions.
Read More >
Read More >
TechCrunch
Coinbase acquires Distributed Systems to build ‘Login with Coinbase’
Coinbase wants to be Facebook Connect for crypto. The blockchain giant plans to develop “Login with Coinbase” or a similar identity platform for decentralized app developers to make it much easier for users to sign up and connect their crypto wallets. To…
A Bitcoin investor is suing AT&T for $224 million as he believes a telecommunications giant is responsible for his loss of millions of dollars worth of cryptocurrency in a theft.
Read More >
Read More >
CNBC
Cryptocurrency investor robbed via his cellphone account sues AT&T for $224 million over loss
A U.S. investor files a $224 million lawsuit against AT&T accusing the telecommunications giant of negligence that allegedly caused the California resident to lose roughly $24 million in cryptocurrency.
Dependent Independence, and What Is the Crypto Economy?
The rates of Bitcoin and many other cryptocurrencies, even relatively stable coins, such as Ripple, have fallen by seven percent or more after the overall recovery and uptrend of last week. In the meantime, no less interesting events are taking place in the classical economy and fiat exchanges as the financial systems of many countries are reacting to external political actions. Because of American sanctions in connection with the Skripal case and the growing Turkish crisis, the Russian ruble began to fall as of August 8, the dollar rate exceeded 68 rubles for the first time in two years, and the Central Bank of Turkey, in turn, introduced extreme measures to save the national currency, the lira, and will spend $11 billion on the endeavor. At first glance, a similar downward trend may manifest a direct link between the digital and the classical economy. But are the two systems that are developing according to their own scenarios at different rates so similar and subject to the same moods?
Learn More! >
The rates of Bitcoin and many other cryptocurrencies, even relatively stable coins, such as Ripple, have fallen by seven percent or more after the overall recovery and uptrend of last week. In the meantime, no less interesting events are taking place in the classical economy and fiat exchanges as the financial systems of many countries are reacting to external political actions. Because of American sanctions in connection with the Skripal case and the growing Turkish crisis, the Russian ruble began to fall as of August 8, the dollar rate exceeded 68 rubles for the first time in two years, and the Central Bank of Turkey, in turn, introduced extreme measures to save the national currency, the lira, and will spend $11 billion on the endeavor. At first glance, a similar downward trend may manifest a direct link between the digital and the classical economy. But are the two systems that are developing according to their own scenarios at different rates so similar and subject to the same moods?
Learn More! >
decenter.org
Dependent Independence, and What Is the Crypto Economy?
Is the crypto economy a mirror image of classical economics in the digital world?
Will Tron Become the "Chinese Answer" to the Dominance of Ethereum?
Everyone started speaking seriously about the TRON startup after its successful ICO in September 2017, when it managed to raise $70 million in just a few days. Today, the project's token, the TRX, is traded on almost all major exchanges and is reaching for the top ten in terms of capitalization, and TRON founder Justin Sun does not stop calling his project a soon-to-be substitute for Ethereum.
Read More >
Everyone started speaking seriously about the TRON startup after its successful ICO in September 2017, when it managed to raise $70 million in just a few days. Today, the project's token, the TRX, is traded on almost all major exchanges and is reaching for the top ten in terms of capitalization, and TRON founder Justin Sun does not stop calling his project a soon-to-be substitute for Ethereum.
Read More >
decenter.org
Will Tron Become the "Chinese Answer" to the Dominance of Ethereum?
TRON has ambitious goals of supplanting Ethereum, but serious allegations are hampering its ambitions.
📨 #DeCenterDaily
📊 A Bitcoin (BTC)-based exchange-traded note (ETN) listed on the Nasdaq Stockholm exchange is now being targeted toward U.S. investors.
via Bloomberg
🇱🇮 Binance LCX has announced the launch of a fiat-to-crypto exchange.
via Cointelegraph
🇨🇳 There has been a growing number of crypto-related legal disputes in China lately.
via Bitcoin.com
🇬🇧 According to a new study, approximately 30 percent of businesses in the U.K. fell victim to cryptojacking attacks in July alone.
via ccn
📉 Nvidia has reported a substantial decline in the sale of cryptocurrency GPUs.
via CoinDesk
📊 A Bitcoin (BTC)-based exchange-traded note (ETN) listed on the Nasdaq Stockholm exchange is now being targeted toward U.S. investors.
via Bloomberg
🇱🇮 Binance LCX has announced the launch of a fiat-to-crypto exchange.
via Cointelegraph
🇨🇳 There has been a growing number of crypto-related legal disputes in China lately.
via Bitcoin.com
🇬🇧 According to a new study, approximately 30 percent of businesses in the U.K. fell victim to cryptojacking attacks in July alone.
via ccn
📉 Nvidia has reported a substantial decline in the sale of cryptocurrency GPUs.
via CoinDesk
Vitalik Buterin speaks on the state of Ethereum, the future of blockchain, and Google trying to hire him.
Recently, I am spending a lot of time working on the proof-of-stake and sharding protocols. This is what the Ethereum research community is focusing on more than anything else at this point. We think that proof-of-stake and scaling are both really important and there has been a lot of progress on improving the algorithms and the development of multiple limitations over the last couple of months.
Read More >
Recently, I am spending a lot of time working on the proof-of-stake and sharding protocols. This is what the Ethereum research community is focusing on more than anything else at this point. We think that proof-of-stake and scaling are both really important and there has been a lot of progress on improving the algorithms and the development of multiple limitations over the last couple of months.
Read More >
Silicon Valley-based cryptocurrency trading platform Sfox has raised $23 million in new investment, led by venture firms Tribe Capital and Social Capital, to help investors make large trades by routing their orders to multiple places, enabling faster execution and better prices.
Read More >
Read More >
Business Insider
SFOX Raises $22.7 Million for Its Institutional Crypto Asset Management Platform
PALO ALTO, Calif., Aug. 16, 2018 /PRNewswire/ -- SFOX, a cryptocurrency prime dealer for high-volume traders and institutional investors, announced today th...
How Much Can You Earn with the Lightning Network?
One of the developers of Lightning Alex Bosworth is considered to be the sender of the first real transaction on the Lightning main network. On December 27, shortly after the successful testing of the protocol, he reported on topping up his mobile balance with the help of a Lightning payment through the Bitrefill service. And on January 20, a reddit user described the "first physical purchase" via Lightning, as he purchased a VPN router from the TorGuard provider, which had earlier announced the support of Lightning payments. In February, the most famous pizza buyer Laszlo Heinitz joined the ranks of the first users. In 2010 he paid 10,000 BTC for a pizza, and this year he bought two pizzas via the Lightning Network.
Learn More Now! >
One of the developers of Lightning Alex Bosworth is considered to be the sender of the first real transaction on the Lightning main network. On December 27, shortly after the successful testing of the protocol, he reported on topping up his mobile balance with the help of a Lightning payment through the Bitrefill service. And on January 20, a reddit user described the "first physical purchase" via Lightning, as he purchased a VPN router from the TorGuard provider, which had earlier announced the support of Lightning payments. In February, the most famous pizza buyer Laszlo Heinitz joined the ranks of the first users. In 2010 he paid 10,000 BTC for a pizza, and this year he bought two pizzas via the Lightning Network.
Learn More Now! >
decenter.org
How Much Can You Earn with the Lightning Network?
The Lightning Network offers some earning opportunities, but are they worth it?
What Affects the Cost of Bitcoin?
The capitalization of the cryptocurrencies market fell to $190 billion this week. Bitcoin and almost all altcoins have fallen in price, but the cryptocurrency with the nine-year history decreased more slowly, as a result of which its market dominance increased to the next high of the year at 54 percent. Compared with the record value of $20,052, reached on December 17 last year, Bitcoin found itself at $6,000, losing about 70 percent of its price from the peak. As Tom Lee, the head of Fundstrat Global Advisors, said on August 12, his organization tracks the movement dynamics of 50 cryptocurrencies, and "they are moving in the same direction." He admitted that Fundstrat had just started "dividing the market into sectors."
Learn More Now! >
The capitalization of the cryptocurrencies market fell to $190 billion this week. Bitcoin and almost all altcoins have fallen in price, but the cryptocurrency with the nine-year history decreased more slowly, as a result of which its market dominance increased to the next high of the year at 54 percent. Compared with the record value of $20,052, reached on December 17 last year, Bitcoin found itself at $6,000, losing about 70 percent of its price from the peak. As Tom Lee, the head of Fundstrat Global Advisors, said on August 12, his organization tracks the movement dynamics of 50 cryptocurrencies, and "they are moving in the same direction." He admitted that Fundstrat had just started "dividing the market into sectors."
Learn More Now! >
decenter.org
What Affects the Cost of Bitcoin?
The price dynamics of Bitcoin may seem erratic, but they are quite predictable.