HIBCC and Chronicled Announce HIN Data Integration Within the MediLedger Network Blockchain – PRNewswire

SAN FRANCISCO, Sept. 15, 2020 /PRNewswire/ --The Health Industry Business Communications Council (HIBCC), in partnership with Chronicled, is pleased to announce that its Health Industry Number (HIN) System is now available to registered HIN licensees via Chronicled's blockchain-enabled MediLedger Network. By using Mediledger, HIN pharma industry licensees will both be able to access and use real-time HIN data and incorporate it directly into live business processes.

Manufacturers, Distributors, and GPOs on the MediLedger Network use its Contracts & Chargebacks Solution to ensure pricing contracts are aligned. The solution guarantees that distributors always have valid pricing for customers (Hospitals, pharmacies, clinics, etc.) and that chargebacks are accurate.

HIBCC's HIN data is a crucial part of identifying which customers are eligible for which contracts. Through the solution, when HIN records are updated, all participants see the same changes in real-time. Thus, there is no confusion related to customer HIN identity when processing a chargeback. Manufacturers can also now automatically incorporate HIN data updates into business processes such as Class of Trade determination and contract eligibility. Automated integration of HIN data is a significant step towards enabling manufacturer's to proactively determine contract eligibility for all customers, so distributors don't have to guess what pricing to offer new customers, which is historically a common source of chargeback errors and disputes.

HIBCC's HINAPI Service integration with the MediLedger Network, developed and maintained through collaboration with Chronicled, will link the HIN System Database directly with network participants. Consistent and real-time HIN data is distributed through blockchain and is available to every licensed participant in the MediLedger Network. HIBCC CEO Robert Hankin, Ph.D. stated "Deployment of our HIN database within Mediledger's blockchain technology represents a significant development that promises to further streamline the use of HIN data by many of our licensees, and our collaboration with Chronicled is a milestone for the industry standards process."

With the HIN data now integrated into the MediLedger Network, all of the benefits of HIN data in the Contracts & Chargebacks Solution can be replicated across other solutions developed for many other processes between trading partners. Susanne Somerville, CEO of Chronicled, said "Incorporating HIN data into the MediLedger Network is an incredible example of the value MediLedger can offer as a platform. Future solutions can now be developed with HIN data already established as a key building block. We are very excited about the partnership with HIBCC and all the ways we can work together to bring efficiency and accuracy to the pharmaceutical supply chain."

HIBCCHIBCC is an industry-supported and internationally accredited nonprofit standards development organization. HIBCC develops electronic communication standards that meet the unique requirements of the healthcare industry, including the widely-used Health Industry Number (HIN) System, and the US FDA and EU accredited Supplier Labeling Standard.

ChronicledBased in San Francisco, Chronicled is a technology company developing solutions that bring trust, efficiency, and automation to the Pharmaceutical and Life Sciences industry. Chronicled is the custodian of MediLedger, an open and decentralized blockchain-based network that connects trading partners and enforces cross-organization business rules without revealing private or competitively sensitive data. MediLedger currently facilitates solutions in the Supply Chain and Revenue Management functions within the Pharmaceutical industry.

To learn more, contact [emailprotected].

SOURCE Chronicled

http://www.chronicled.com

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HIBCC and Chronicled Announce HIN Data Integration Within the MediLedger Network Blockchain - PRNewswire

DBLend, The First Blockchain DeFi Project In DiBi Global Ecosystem, Has Entered The Development Stage – Exchange News Direct

Global digital currency trading platform,DiBi Global exchange, today announced that DBLend (Version 1.0 ) development phase officially launched.

DBLend is a digital currency lending platform which centred around the usage of DeFi (Decentralized Financial) smart contract base on blockchain technology as a trusted intermediary in facilitating the growth of global lending marketplace.

Maggie, the Co-Founder of DBLend's Chinese Community, said: "As blockchain technology and DeFi (Decentralized Financial) applications become more and more mature, It is likely that DeFi will change the entire financial system in the near future. As early as 2019, DiBi Global has been laying out its own DeFi ecosystem. As the first and most important DeFi application of DiBi Global, DBLend project has been widely concerned as soon as it was lauched, that's because of DBLend's decentralized mining mechanism and users' multiple ways of making profits here, and all of these features are based on smart contracts on the blockchain. In the long run, code is more reliable than humanity. Through the smart contract in blockchain technology, trust and consensus can be well established. In addition, smart contract technology automates the movement of funds and tokens, amplifying the provision of liquidity to digital currency market participants. "

According to the whitepaper, Lenders and borrowers in DBLend platform are matched automatically through the smart contract (Ethereum-based protocol), eradicating the need for third parties. It's loaning feature plays it safe for borrowers by allowing only up to 70% of the collateral's worth, rather than the full 100%----minimizing risks. In additon, users have multiple investment options with high-profit on the DBLend platform, such as DBL (DBLend token) mining, providing DBL liquidity for the interest pool, mainstream token lending, mainstream token lending, etc.

"I think DeFi will change from serving the financial industry to changing the entire financial system. Today, I am so glad that DiBi Global officially launched the development of DBLend platform 1.0 which I believe will be released soon. " Maggie added.

For more details, please visithttps://www.dblend.pro

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DBLend, The First Blockchain DeFi Project In DiBi Global Ecosystem, Has Entered The Development Stage - Exchange News Direct

SMEs in Fintech Scored Highest in terms of Readiness for Blockchain or DLT Adoption and Integration: Report – Crowdfund Insider

Fintech solutions, retail focused platforms, and information communication technology or ICT software programs are expected to lead the blockchain or distributed ledger tech (DLT) revolution, according to a new report.

The findings of CIVITTAs report reveal that finance, retail, and ICT solutions are the most promising economic sectors for applying and developing blockchain or DLT based platforms. The report has been prepared after relevant research was conducted by the BlockStart initiative, a pan-European DLT focused partnership program.

The research report has been drafted with assistance from European management consulting firm CIVITTA. It has been compiled after conducting expert interviews that examined several key economic sectors, which were ranked in terms of their maturity, impact, feasibility, and level of the regulatory barriers for the implementation of the DLT solutions by SMEs.

The reports summary states:

SMEs in Fintech scored highest in terms of readiness for the blockchain application. Many financial services are data-heavy and fault-prone, thus requiring intermediaries for mediation and ensuring trust. This drives the transaction costs up. Applying DLT allows reducing costs through operational simplification, regulatory efficiency improvement, settlement time reduction, etc.

It added:

Despite strict regulation, Fintech already holds the largest share in the blockchain market due to the extremely high potential effect of the DLT-based solutions implementation. In 2019, the global blockchain finance market size exceeded EUR 2 billion and is expected to reach EUR 19.5 billion by the end of 2025. For example, a peer-to-peer payments, investing and trading company Circle focusing on blockchain is valued at $3 billion.

Vytautas erniauskas, expert at CIVITTA. notes that the blockchain or DLT solutions began in the payments sector. Its now being integrated into larger banking and insurance services, erniauskas confirmed. He believes that the main benefits of DLT come when its used in finance applications to ensure security and speed when exchanging data and money.

erniauskas explains that blockchain-powered solutions allow users to take advantage of transparent infrastructure along with relatively low operational costs.

He adds that blockchain applications in the retail sector are expected to be valued at around EUR 2 billion by 2023, driven by a growing awareness that DLT solutions can improve the tracking of product authenticity, ensure reliable delivery throughout the supply chain and accountability of suppliers.

The report further notes that spending on new ICT solutions is expected to grow by 14% in the coming years and applying blockchain/DLT may be among the most transformative solutions, changing the notion of trust and bringing greater transparency.

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SMEs in Fintech Scored Highest in terms of Readiness for Blockchain or DLT Adoption and Integration: Report - Crowdfund Insider

3 Ways the Recycling Supply Chain Is Using Blockchain – EPS News

by

Shannon Flynn

A growing amount of waste in the form of plastics and electronics is putting increased pressure on the recycling industry and its supply chains. Despite big initiatives by public and private organizations, recycling rates remain low. This increases the chance that plastics accumulate in the environment.

Public information on recycling is also limited. There is little information for organizations and individuals on the effectiveness of current pushes to improve it.

New technology like the blockchain, a kind of secure and shared digital ledger may be able to help.

Companies in a variety of sectors are increasingly interested in how the tech can be used to improve data transparency and build trust between parties.Now, the recycling industry has adopted blockchain in a few different and interesting ways.

One of the most significant benefits the blockchain can offer recycling is data transparency. Multiple parties working together can access the exact same data, even if they're not actively sharing tracking systems or information with each other.

For example, there's RecycleGO, a software-as-a-service provider that offers a blockchain solution for recycling companies and the organizations they work with. In this case, the platform works by tracking recycling activity across a local recycling supply chain on the blockchain. With the solution in place, recyclers can track waste as it moves through the chain, and organizations and municipalities can compare their recycling efforts.

When the blockchain is made publicly available, consumers can also use the ledger's info to make more informed purchasing decisions. For example, they can buy from companies that make recycling a top priority.Logistics companies are also increasingly using verified data reporting to cut down on supply chain emissions. If this kind of data is included in the ledger, it could provide customers even more information on which businesses are taking environmental stewardshipseriously.

The blockchain could also be used to track individual items through the recycling supply chain which could result in more sustainable plastics.

If you can tell how long a piece of plastic has spent in circulation, you could conceivably create incentives that reward manufacturers for designing easy-to-reuse or recycle plastics.

This is the aim of a new project, called reciChain, from BASF, a multinational German chemical company and the largest such producer in the world. The project takes advantage of physical markers on plastic products to create a timeline or map of each item as it moves through the supply chain, using blockchain technology.

With the data produced by the project, it may be significantly easier for manufacturers and recyclers to know which products are most likely to be picked up by recyclers. They can also determine what's likely to fall out of the recycling supply chain. Because reuse and recycling of products is so essential to the creation of green supply chains, this data will be invaluable for businesses that make eco-friendliness a top priority.

Combined with data from other new technology in the supply chain, like the trend toward increased use of digital freight brokerage, this individual product tracking could help provide sustainability minded organizations with the best possible information on which businesses to work with.

All these solutions, however, may not help one of the most significant issues for the global recycling supply chain. That's the existence of accumulated plastic in places like the oceans and the Amazon rainforest.

Multinational tech giant IBM is working on a potential blockchain-based solution to this problem, in the form of one of the company's newest projects, the Plastic Bank. According to IBM, the majority of the ocean's plastics come from countries outside the developed world with inefficient recycling systems.

The Plastic Bank works to solve this problem by creating recycling supply chains in which members receive a premium for the material they collect, more effectively incentivizing the gathering and recycling of plastic that might otherwise escape recyclers.

How supply chain blockchain may transform recycling

The recycling industry is under immense pressure in the form of a growing production of recyclable products and limited consumer buy-in. New strategies, powered by blockchain technology, may help the industry.

These blockchain-powered projects, which provide better information and incentives across the supply chain, may soon transform how recyclersapproach their work.

Shannon Flynn

Shannon Flynn is a technology writer and the Managing Editor at ReHack.com. Shannon's written for sites like TechDayHQ, Re-Work, and Innovation & Tech Today. Follow ReHack on Twitter to read more of her work.

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3 Ways the Recycling Supply Chain Is Using Blockchain - EPS News

Germany-based gaming company releases RPG on the Litecoin blockchain – Cointelegraph

In an online event prepared by the Litecoin Foundation on Sept. 15, Litecoin (LTC) creator Charlie Lee and CipSoft CEO Stephan Vogler announced the release of LiteBringer, a role-playing fantasy game which runs on top of the Litecoin blockchain.

Its the first major game that utilizes the Litecoin blockchain for all of its interactions, Lee said.

Vogler stated the game is fully decentralized, meaning all users have to be running a Litecoin node to play. He also noted that access is completely dependent on players having at least some Litecoin on hand. The game reportedly includes a Litecoin faucet, which could allow some users to get a little Litecoin for free if they arent willing or able to transfer their own.

Every move in the game is a transaction on the Litecoin blockchain that creates value, said Vogler. If youre a good player, LiteBringer will live up to its name, and may bring you some Litecoins.

According to Vogler, all weapons, characters, and items in LiteBringer are stored on the LTC blockchain. He assured viewers that the technology was absolutely secure and decentralized, as private keys are never transmitted. CipSoft reportedly chose the LTC blockchain for its popularity and the fact it carries low transaction fees of less than a cent per transaction.

CipSofts foray into blockchain-based RPGs isnt the first time a blockchain or crypto firm has seen the potential of gamers to advance adoption. In May, Atari announced that it had partnered with the Litecoin Foundation to allow gamers to pay for its upcoming Video Computer System. Infinite Fleet, an online game which utilizes crypto, is currently under the leadership of Blockstream Chief Strategy Officer, Samson Mow.

Blockchain technology has huge potential for online gaming in general, said Vogler. I think there will be games for every popular blockchain sooner or later.

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Germany-based gaming company releases RPG on the Litecoin blockchain - Cointelegraph

Litecoin, Stellars Lumen, and Trons TRX Daily Analysis September 17th, 2020 – Yahoo Finance

Litecoin

Litecoin fell by 1.18% on Wednesday. Following a 1.59% decline on Tuesday, Litecoin ended the day at $47.74.

A bearish start to the day saw Litecoin fall to an early morning intraday low $47.00 before finding support.

Litecoin fell through the first major support level at $47.53 before rebounding to a late afternoon intraday high $48.76.

Falling short of the first major resistance level at $49.72, Litecoin fell back to end the day at sub-$48 levels.

At the time of writing, Litecoin was up by 3.44% to $49.38. A bullish start to the day saw Litecoin rally from an early morning low $47.65 to a high $49.62.

Litecoin broke through the first major resistance level at $48.67 and the second major resistance level at $49.59 early on.

Litecoin would need to avoid a fall back through to sub-$49 levels to support another run at the second major resistance level at $49.59.

Support from the broader market would be needed, however, for Litecoin to break back through to $49.50 levels.

Barring an extended crypto rally, the second major resistance level and the morning high $49.62 would likely cap any upside.

Failure to avoid a fall back through to sub-$49 levels would bring the $47.83 pivot level into play.

Barring an extended sell-off on the day, however, Litecoin should steer clear of sub-$47 levels. The first major support level sits at $46.91.

First Major Support Level: $46.91

First Major Resistance Level: $48.67

23.6% FIB Retracement Level: $

38.2% FIB Retracement Level: $71

62% FIB Retracement Level: $100

Stellars Lumen rose by 2.73% on Wednesday. Reversing a 2.93% fall from Tuesday, Stellars Lumen ended the day at $0.079945.

It was a bearish start to the day. Stellars Lumen fell to an early morning intraday low $0.07500 before making a move.

The reversal saw Stellars Lumen slide through the first major support level at $0.07638.

Finding support at the second major support level at $0.07493, Stellars Lumen struck a mid-day intraday high $0.081349.

Story continues

Stellars Lumen broke through the first major resistance level at $0.08040 before falling back to sub-$0.080 levels.

At the time of writing, Stellars Lumen was up by 2.39% to $0.081854. A bullish start to the day saw Stellars Lumen rise from an early morning low $0.079449 to a high $0.082205.

Stellars Lumen left the major support and resistance levels untested early on.

Stellars Lumen would need to avoid a fall through the $0.07876 pivot to support another run at the first major resistance level at $0.08253.

Support from the broader market would be needed, however, for Stellars Lumen to break out from the morning high $0.082205.

Barring a broad-based crypto rally, the first major resistance level would like cap any upside.

Failure to avoid a fall through the $0.07876 pivot level would bring the first major support level at $0.07618 into play.

Barring an extended crypto sell-off, however, Stellars Lumen should steer well clear of sub-$0.076 levels. The second major support level sits at $0.07242.

First Major Support Level: $0.07618

First Major Resistance Level: $0.08253

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Trons TRX slid by 5.15% on Wednesday. Following on from a 7.84% tumble on Tuesday, Trons TRX ended the day at $0.026393.

It was a bearish day. Trons TRX fell to an early morning low $0.02658 before making a move.

Trons TRX fell through the first major support level at $0.02674 before striking a mid-day intraday high $0.02992.

The rebound saw Trons TRX break through the 23.6% FIB of $0.0291 and the first major resistance level at $0.02982.

A bearish 2nd half of the day, however, saw Trons TRX slide to a late intraday low $0.026037.

Trons TRX fell back through the first major support level at $0.02674 to wrap up the day at $0.0263 levels.

At the time of writing, Trons TRX was up by 3.39% to $0.027288. A bullish start to the day saw Trons TRX rally from an early morning low $0.02623 to a high $0.02748.

Trons TRX left the major support and resistance levels untested early on.

Trons TRX would need to move back through the $0.02745 pivot level to support a run at the first major resistance level at $0.02886.

Support from the broader market would be needed, however, for Trons TRX to break back through to $0.028 levels.

Barring an extended crypto rally, the first major resistance level would likely cap any upside.

Failure to move back through the $0.02745 pivot level would bring the first major support level at $0.02498 into play.

Barring an extended crypto sell-off, however, Trons TRX would likely steer clear of sub-$0.024 levels. The second major support level sits at $0.02357.

First Major Support Level: $0.02498

First Major Resistance Level: $0.02886

23.6% FIB Retracement Level: $0.0291

38.2% FIB Retracement Level: $0.0428

62% FIB Retracement Level: $0.0648

Please let us know what you think in the comments below

Thanks, Bob

This article was originally posted on FX Empire

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Litecoin, Stellars Lumen, and Trons TRX Daily Analysis September 17th, 2020 - Yahoo Finance

Litecoin (LTC) Up $0.1 in Last 4 Hours, Started Today Up 2.37%; Price Base in Formation Over Past 14 Days – CFDTrading

Litecoin 4 Hour Price Update

Updated September 18, 2020 01:35 AM GMT (09:35 PM EST)

Litecoin came into the current 4 hour candle up 0.2% ($0.1) from the open of the last 4 hour candle, marking the 2nd consecutive candle it has gone up. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 2nd since the last 4 hour candle in terms of percentage price change.

48.88 (USD) was the opening price of the day for Litecoin, resulting in the day prior being one in which price moved up 2.37% ($1.13) from the day prior. This move happened on lower volume, as yesterdays volume was down 13.12% from the day before and down 22.47% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 2nd since the day prior in terms of percentage price change. Lets take a look at the daily price chart of Litecoin.

The first thing we should note is that the current price of Litecoin is sitting close to its 100 and 200 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. Volatility for Litecoin has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving down. Also of note is that on a 14 day basis price appears to be forming a base which could the stage for it being a support/resistance level going forward. For another vantage point, consider that Litecoins price has gone up 6 of the previous 10 trading days.

Over on Twitter, here were the top tweets about Litecoin:

Litecoin will succeed. Why? Because I wont let it die. The developers, HODLers, unbanked, millennials, etc wont let it die.Whats really going parabolic is the number of people willing to fight for Litecoin and all it stands for. Things like price have no choice but to follow

The following Litecoin developments are running or have recently launched.-LTC Lightning Network-Visa card-Litebringer game built on LTC blockchain-Mustard Wallet (coinjoin)Also,-Mimblewimble is almost done-LN wallet soon-CTV in planningLitecoin isnt messing around.

3/ On any given 24 hr period, #Litecoin has approximately 40k trxs.Avg. trxs per second for the past 90 days was around .45.As of the announcement, 24 hr trxs were up to +60k & avg. trx per second was as high as .70+ (raises of 33% & 36%)Cont

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Litecoin (LTC) Up $0.1 in Last 4 Hours, Started Today Up 2.37%; Price Base in Formation Over Past 14 Days - CFDTrading

‘First True Litecoin Game’ Is an RPG Knights and Wizard-fest – Cryptonews

Source: CipSoft/YouTube

A German software firm said that it has created the first game to run on the Litecoin blockchain claiming that smart gameplay on the new title will earn players litecoin (LTC) tokens.

The game is named LiteBringer, per a press release shared with Cryptonews.com by its developer CipSoft.

The firm stated that the title is a role-playing, fantasy-themed game that utilizes the Litecoin blockchain for all of its interactions, according to LTC founder Charlie Lee, speaking on a Litecoin Foundation call.

CipSoft claimed that the title would be the first true litecoin game and its co-founder Ulrich Schlott claimed that blockchain has the potential to revolutionize gaming.

Lee also opined,

One of the pioneers of online gaming taking the next step and developing the first true Litecoin game is great to see.

LiteBringer players are charged with sending knights and sorcerers on increasingly difficult quests to gather loot.

With weapons, resources and characters stored on the Litecoin blockchain, every move in the game is a transaction on the network and creates value, the firm added.

But rather than playing up the games fantasy elements, the firm attempted to appeal to gamers inner traders, stating,

At heart it is a complex trading simulation. Make smart investments and the game literally lives up to its name and brings you litecoins.

The company added that it was making unapologetic use of the blockchain and its decentralized architecture to give players a freedom and security thats unheard of in online gaming.

If unapologetically applied blockchain tech or medieval knights toting bags of silver litecoin lolly sounds like your thing, you can view the games trailer here:

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'First True Litecoin Game' Is an RPG Knights and Wizard-fest - Cryptonews

Litecoin (LTC) Creating Value out of Every Gaming Transaction on LiteBringer – The Cryptocurrency Analytics

LiteBringer is all about True Blockchain Gaming. What is exciting about LiteBringer is that it is the first true Litecoin game. It provides level up RPG characters and the potential to trade with other players and earn some real money.

Litecoin Foundation tweeted: The first ever role playing game built upon the Litecoin blockchain was just announced during our Litening Series event! Were very happy and excited for litebringergame for making this possible.

With LiteBringer, it is possible for users to embrace the revolutionary potential of the blockchain just like few other games before. Bring a truly decentralized application, the whole game occurs in the Litecoin blockchain. The good thing is that there will be no servers involved and players will be able to exert unprecedented control over the game.

In the process of perfecting the strategy, the idea for a level up fighter, rogue or sorcerer in an imaginative fantasy world is to get promoted to an advanced class which is even more powerful. It is important for the people to choose the best equipment for each task and to eventually send the heroes on an increasingly difficult quest. To earn an epic loot the gamers should defeat mighty bosses.

Every move that is made in the game is considered a transaction in the Litecoin blockchain which will create value. And, every weapon and item is value. Also the characters can be traded safely and without limits. This is the power of cryptocurrency. It is possible to make smarter decisions than other players who are earning money while enjoying the game.

Sydney Ifergan, the crypto expert tweeted: I like the idea of playing smart and making money the Litecoin (LTC) blockchain with the LiteBringer.

For those who are new to LiteBringer, it is developed by the makers of Tibia, which is a groundbreaking multiplayer role-playing game that has been online since 1997. Players who are willing to get involved will be able to expect a complex gameplay, which is an innovative feature with lot of knowledge on keeping the game exciting for decades.

Those who are willing to know more about the game should go through the extended Instruction to know more about certain aspects of LiteBringer. The step to get started is to create an account for which a key will be generated and the key should be saved into a file. Needless to say, the password should be kept secure. Also, there is no possibility to recover a lost address or password! So the key should be kept safe.

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Litecoin (LTC) Creating Value out of Every Gaming Transaction on LiteBringer - The Cryptocurrency Analytics

Bitcoin: an Innovation or a Religion? – Cryptonews

The text below is an advertorial article that was not written by Cryptonews.com journalists.

Bitcoin is today the safest and most solid cryptocurrency on the market. This is basically because it is the original project of Satoshi Nakamoto, which best fits his vision of a decentralized person-to-person economy. Likewise, several of the most influential figures in the crypto space trust and support this project's quality, a fact that covers Bitcoin with a seal of guarantee:

When I got into Bitcoin, I realized that the most important thing is censorship resistance. It is a new currency that cannot be controlled in any way. That's what gave Bitcoin value () It was great back then, the fees were low and the transactions were very fast. But that's not why Bitcoin is valuable. - Charlie Lee, Founder of Litecoin.

"Every time someone is censored, boom ... they become fans of Bitcoin", "Bitcoin is for protecting their wealth, bitcoin (layer 2) is for coffee.- Nick Szabo, a computer scientist, legal expert, and cryptographer known for his research on digital contracts and digital currency.

"Bitcoin is the most important invention in the history of the internet. - Roger Ver, the world's first investor in Bitcoin startups.

Find out about the Bitcoin Revolution and How it Will Shape Our Future.

However, and despite this, there is one fact that cannot be omitted. Bitcoin does not measure up to several factors, specifically when we talk about its flexibility, scalability, and economy.

These are weaknesses that Bitcoin currently has. Not even the Lightning Network represents a definitive solution, because it is in a testing phase. The inventors of Lightning Network even recommend that it should be used prudently.

Check out the article on Bitcoin's Lightning Network, What Is it and How it Works.

This fact is so true that recently through research at the Hebrew University of Jerusalem, two researchers, Jona Harris and Aviv Zohar, concluded that the Lightning Network is vulnerable to attack.

The potential attack puts the funds of people using the LN at risk, taking advantage of a vulnerability in the payment channels in this network. Attackers would take advantage of the congestion of the Bitcoin network to prevent the closure of the channels and steal the compromised funds.

This investigation called "Flood and loot: a systemic attack on the Lightning Network," was published on June 15 on the servers of Cornell University, in the United States.

Moving forward, the Bitcoiners community must continue to meet and discuss the next steps to take if they want bitcoin to be scalable, the only way for it to be the digital currency of the future.

However, immersed in this controversy that dialogue should have as a premise, it is powerfully striking that when certain personalities of the crypto-cosmo make a self-criticism the Bitcoin, a large part of this community that faithfully believes in the mother cryptocurrency as the only option, is shown on the defensive and even on the offensive, a fact that leads us to think that Bitcoin is not just an Innovation like a car model, a smartphone or PayPal would be, apparently for many, Bitcoin unconsciously or consciously is really a religion.

Proof of this is that ShapeShift CEO Erik Voorhees made a fascinating reflection through his Twitter social network account on June 17 of this year:

A statement is fair and accurate. Take a look and judge for yourself. Erik Voorhees made this reflection without offending, instead to mediate between two points of view; the Bitcoin maximalists who oppose altcoins and the minimalist who embrace altcoins. However, from the responses he received from fanatic users and Bitcoin maximalist influencers, it became clear that criticism or self-criticism is not well accepted in the Bitcoiners community. Furthermore, the aggressive attitude with which the Bitcoin maximalists responded revealed that we are not talking about innovation, but about a cult, an ideology, a religion incapable of questioning its own belief.

Many people responded against Erik Voorhees tweet. Public figures such as Peter McCormack, Yan Pritzker, and Udi Wertheimer made the harshest criticisms, but most of these can be synthesized with the response of the software engineer Vijay Boyapati, who was the most forceful:

"I am sincerely saddened that the once-great maximalist has become a multicoiner, it is almost as disheartening as if you abandoned your libertarianism and became a statist.

To which Erik Voorhees replied:

I used to be absolutely a maximalist. However, as I watched the ecosystem development in many directions, and thought deeply about the issue of decentralization, and became increasingly confident in the future of Bitcoin, I was able to emerge from the dark and narrow cave of Maximalism.

If we analyze it well, until then Erik Voorhees continued to respond with ethics and composure, until the creator of the Lightning Torch, Hodlnaut, broke with the little diplomacy that Voorhees had left:

At this point, Voorhees responded with what could be a summary of how the rest of the community defines the toxic Maximalism of Bitcoin compared to other cryptocurrencies. This, for Voorhees, has generally been a brake on innovation.

"Maximalism is a tribal religion. We are good, the others are bad. A kind of simplistic mindset that allows for the worst behavior in human society. Bitcoin is part of a decentralized tapestry of experimentation and innovation. Centralizing it under a monolithic totem is for dummies."

Already in the past, antecedents of this type have been raised, which reinforce the hypothesis of Bitcoin's Maximalism compared to other alternatives, that hurtful and religious behavior to which Voorhees refers:

Arthur Hayes, the CEO of BitMex, one of the world's leading exchanges, referred to Ripple's currency XRP as "dog excrement" in disdain that it is at least worth more than zero. Although it is clear that XRP is not a good example because it is a centralized cryptocurrency. Yet, the comment was derogatory and out of place, giving it a horrible image.

Bitcoin is the original project of Satoshi Nakamoto and the number one cryptocurrency in the world. Indeed, it is the foundation for other cryptocurrencies, the most trustworthy and credible, and has the most significant market cap. But does BTC really deserve to be number one?

To catalog the leadership of technology, the first thing to do is identify and analyze the merits that scientifically tell us why this innovation is the best of all, such as the safest car in the world, the best Smartphone, etc.

However, this is not something that we can appreciate with Bitcoin, since if we delve and analyze each of the factors that should make it worthy of first place, we can see that many of these merits do not exist.

An example of this is that many cryptocurrencies far exceed Bitcoin in various point of view:

Transaction speed:

Transaction cost:

Transactions / second:

Security and decentralization were almost the only two factors in which Bitcoin used to be superior. Still, this is already in question, since currently, the Proof of Work protocol begins to be questioned in various ways. It is accused of monopolizing crypto mining because pools and mining companies (farms) concentrate power.

Security is also questioned when even one of the most influential characters in the crypto-cosmo, such as Vitalik Buterin, calls such security into question.

Buterin believes that although the Proof of Work is considered safe, under this scenario, only the risk of an alleged attack is considered from the investment-reward business perspective. However, influential and notorious parties such as governments, are not being considered, or amateur hackers who are not only looking for money but a demonstration of strength and power.

"What about attackers who have a really big extra protocol incentive, or just want to watch the world burn? It could be the government. Or hackers who want to have fun. The criticism here says that we are assuming that we have these participants motivated by financial incentives. What if there are people who just want to break the thing regardless?"

Regarding the migration of Ethereum from Proof of Work to Proof of Stake, Buterin adds:

"Proof of Stake will make Ethereum much more secure and scalable."

Read the article on Smart Contracts, the Ethereum Powered Innovation That Will Change the World.

Buterin closed with a statement that answers the whole question of the conflict between the religious maximalists of Bitcoin and multi coins:

"Satoshi created a really cool, and now we can build great things on top of that."

This last reflection by Vitalik Buterin seems the most sensible of all, it recognizes how wonderful Bitcoin has been and all the history it has brought with it. It also reflects how the world of finance has changed, showing humanity a libertarian path and a philosophy decentralized, but the same time recognizing that Bitcoin cannot remain stagnant.

Solutions that could well adapt to Bitcoin, or better yet, the crypto-community, especially the maximalists, could allow the diversification of the market in decentralized cryptocurrencies. Adoption will not harm bitcoin since it encourages healthy competition between projects within the crypto-cosmo, something that can only be converted into improvements at all levels as it happens in all markets in the world.

Just as PayPal competes with Western Union and Payoneer, or Chevrolet with Toyota or Volkswagen, or Apple with Samsung or Huawei, this competition, far from harm, would result in the strengthening of a market and innovation that is optimized daily.

In contrast, a Bitcoin that is not optimized because it is blindly considered "the all-powerful", only allows for technological stagnation, a fact that can only result in Bitcoin not having sufficient scientific merits to be effectively the best cryptocurrency in the world. This fact only clarifies that the only thing that keeps it as the number one cryptocurrency in the world is: the faith of its followers.

Here are the reflections and change of vision of Erik Voorhees, from going from being a religious maximalist of Bitcoin to an altcoin advocate that values the benefits and virtues of other decentralized projects. He tried to make all members of the crypto-community see that the crypto-markets strength and future are in Bitcoin, and in the development of serious projects called Altcoins.

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Bitcoin: an Innovation or a Religion? - Cryptonews

Bitcoin and Altcoins Target Fresh Monthly Highs – Cryptonews

Bitcoin price is consolidating above the USD 10,800 level, with many supports on the downside. BTC is currently (08:30 UTC) trading above USD 10,900, and it seems like the bulls are aiming more upsides above USD 11,000 and USD 11,120 in the coming sessions.Similarly, most major altcoins are showing positive signs and might continue higher, including ethereum, XRP, litecoin, bitcoin cash, EOS, XLM, LINK, BNB, TRX, and ADA. ETH/USD is up 2% and it is facing hurdles near USD 390 and USD 400. XRP/USD is trading above USD 0.250 and it could attempt a break above USD 0.260 level.

Total market capitalization

Recently, bitcoin price traded mostly with a positive bias above the USD 10,650 and USD 10,800 levels. BTC is rising steadily above USD 10,900 and it might surpass the USD 11,000 resistance. In the stated case, the bulls might aim a fresh monthly high above USD 11,150 and USD 11,200 in the short-term.If there is a downside correction, the price might find bids near USD 10,800. The first key support is forming near USD 10,650, but the main support is still near USD 10,550.

Ethereum price extended its rise above the USD 390 level, but it failed to test the USD 400 level. It traded as high as USD 400. ETH is currently consolidating above the USD 380 and USD 375 support levels.On the upside, the bulls are facing many hurdles near USD 390, USD 395, and USD 400. A successful close above the USD 400 may perhaps start a steady increase.

Bitcoin cash price is still facing a strong resistance near USD 235 and USD 240. If BCH continues to struggle near USD 240, there is a risk of a sharp decline towards the USD 210 level. Conversely, the price could start a steady increase above the USD 240 resistance. The next stop for the bulls could be USD 255 or USD 262.Chainlink (LINK) is trading in a crucial range above the USD 10.00 and USD 10.20 support levels. A downside break below USD 10.00 may perhaps start a strong decline towards the USD 8.50 support zone. On the other hand, the price might rally above USD 11.50 and USD 12.00 resistance levels.XRP price is gaining pace above the USD 0.250 resistance zone. The price is showing positive signs above USD 0.252 and it could continue to rise above the USD 0.258 and USD 0.260 resistance levels. If there is a downside correction, the bulls might protect the USD 0.248 and USD 0.245 support levels.

In the past three sessions, many altcoins rallied over 10%, including UNI, ABBC, SOL, SUSHI, LRC, NEO, VET, THETA, TRX, and QTUM. Conversely, HYN, CELO, UMA, and XEM are down over 10%.

To sum up, bitcoin price is trading in a positive zone above USD 10,800 and USD 10,650. If BTC stays above USD 10,550 in the coming sessions, there are chances of a steady rise above USD 11,000._____

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Bitcoin and Altcoins Target Fresh Monthly Highs - Cryptonews

Cryptocurrency And Blockchain Market to Witness Huge Growth by 2028 | Intel Corporation, Microsoft Corporation, NVIDIA Corporation – The Daily…

GlobalCryptocurrency And BlockchainMarket Report is an objective and in-depth study of the current state aimed at the major drivers, market strategies, and key players growth. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses and regional growth of the leading competitors operating in the market on a universal and local scale. The structured analysis contains graphical as well as a diagrammatic representation of worldwideCryptocurrency And BlockchainMarket with its specific geographical regions.

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Cryptocurrency And Blockchain Market to Witness Huge Growth by 2028 | Intel Corporation, Microsoft Corporation, NVIDIA Corporation - The Daily...

Bitcoin Unlimited Launches Two-Option Voting App Powered by Bitcoin Cash | Technology – Bitcoin News

On September 16, the Bitcoin Unlimited development team launched a new application called Votepeer. The software is powered by the Bitcoin Cash network and allows anyone to set up a transparent two-option voting process.

This week a couple of Bitcoin Unlimited (BU) developers released a new voting protocol called Votepeer. BU software engineers, Dagur and Jrgen Svennevik Notland, revealed the initial version of Votepeer, which can be located at the website voter.cash.

Votepeer is powered by Bitcoin Cash and allows anyone to easily set up a two-option vote using the simple and transparent voting protocol, the project announcement details. Participating, verifying, and tallying can be done through the SPV (Simple Payment Verification) technology in use in most bitcoin cash wallets and therefore does not require a full node.

The announcement published on the bitcoin cash (BCH) powered blogging platform read.cash, explains that the new release concludes the initial phase of BUIP129. During the second phase, BU developers will study more in order to make anonymous voting possible.

The third phase of the project is to build the technology into an easy-to-use app and release it publicly for general use, the announcement notes.

Hopefully, we can make online elections safer, Jrgen Svennevik Notland said. We are currently in research and development mode, open-sourcing our tools and apps as they mature, and a paper. Our current research item is to figure out how to make the election process in the two-option Voterpeer smart-contract anonymous.

The developer also detailed that individuals who are interested in contributing to Votepeer can reach out via Keybase.io. The engineers also said that the team released voter.cash now so the project can locate partners who will benefit from this type of voting technology.

We look forward to all the interesting ways the cryptocurrency community can use this technology to supercharge their governance processes, the BU devs concluded.

On social media and crypto oriented forums, BCH proponents seemed to like the Voterpeer project and the blockchain voting concept. The release comes 47 days prior to the U.S. Presidential election between Donald Trump and Joe Biden on November 3. Already, thanks to the vast number of mail-in ballots this year due to Covid-19, many Americans think the vote will be an utter calamity.

A few members of the BCH community discussed governments leveraging a platform that utilizes blockchain technology. Meanwhile, a few other crypto supporters recommended ideas to the BU team that could allow the protocol to execute building out a multi-choice voting process.

What do you think about the Votepeer project released by BU software developers? Let us know what you think about this subject in the comments below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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Bitcoin Unlimited Launches Two-Option Voting App Powered by Bitcoin Cash | Technology - Bitcoin News

Bitcoin Cash (BCH) Up $0.33 On 4 Hour Chart, Started Today Up 2.12%; in a Downtrend Over Past 30 Days – CFDTrading

Bitcoin Cash 4 Hour Price Update

Updated September 13, 2020 11:17 PM GMT (07:17 PM EST)

The end of a 4 four-hour candle negative run has come for Bitcoin Cash, which finished the last 4 hour candle up 0.15% ($0.33). Relative to other instruments in the Top Cryptos asset class, Bitcoin Cash ranked 3rd since the last 4 hour candle in terms of percentage price change.

The choppiness in the recent daily price action of Bitcoin Cash continues; to start today, it came in at a price of 230.17 US dollars, up 2.12% ($4.77) since the day prior. This move happened on lower volume, as yesterdays volume was down 46.05% from the day before and down 82.69% from the same day the week before. Out of the 5 instruments in the Top Cryptos asset class, Bitcoin Cash ended up ranking 3rd for the day in terms of price change relative to the day prior. Below is a daily price chart of Bitcoin Cash.

Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving down. For another vantage point, consider that Bitcoin Cashs price has gone up 8 of the previous 14 trading days.

Over on Twitter, here were the top tweets about Bitcoin Cash:

The best possible outcome: ABC has 100% of the hash, the price of the coin goes up due to less market uncertainty, and ABC uses the funds to1) Find talented devs that build a career scaling Bitcoin Cash and turning it into world money2) Invest in profit-seeking BCH businesses

@1MightBePenguin @reardencode @psyburr @dogo86992335 @jeffreyatucker @YouTube BTC miner policy makes it easier to double spend than on BCH. In addition to this, theres also the possibility of txs being dropped on BTC if the fee isnt high enough, requiring us to wait until its in a block.Bitcoin Cash doesnt have these issues.

@BitcoinCashNws @rogerkver90 @blockblanc @YokooAkane @ppinternational Thanks for sharing your thoughts!>Thank God in the Bitcoin Cash Community we do not censor anyone like they do in r/BTCYou mean r/bitcoin here I suspect

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Bitcoin Cash (BCH) Up $0.33 On 4 Hour Chart, Started Today Up 2.12%; in a Downtrend Over Past 30 Days - CFDTrading

The Crypto Daily Movers and Shakers September 18th, 2020 – Yahoo Finance

Bitcoin, BTC to USD, slipped by 0.11% on Thursday. Following a 1.60% gain on Wednesday, Bitcoin ended the day at $10,959.0.

It was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,069.2 before hitting reverse.

Falling short of the first major resistance level at $11,157, Bitcoin slid to an early afternoon intraday low $10,765.9.

Steering clear of the first major support level at $10,734, Bitcoin recovered to a high $10,985.3 before falling back into the red.

The near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.

Across the rest of the majors, it was another mixed day on Thursday.

Binance Coin and Bitcoin Cash ABC bucked the trend, falling by 2.69% and by 0.77% respectively.

It was a bullish day for the rest of the majors, however.

Ethereum (+6.63%), Moneros XMR (+4.98%), and Trons TRX (+6.96%) led the way.

Cardanos ADA (+2.78%), Litecoin (+2.41%), and Ripples XRP (+2.07%) also found strong support.

Bitcoin Cash SV (+1.19%), EOS (+0.96%), Stellars Lumen (+0.49%), and Tezos (+0.13%) trailed the front runners, however.

In the current week, the crypto total market fell to a Monday low $314.21bn before rising to a Thursday high $339.95bn. At the time of writing, the total market cap stood at $332.77bn.

Bitcoins dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoins dominance stood at 60.54%.

At the time of writing, Bitcoin was down by 0.40% to $10,915.0. A mixed start to the day saw Bitcoin rise to an early morning high $10,971.0 before falling to a low $10,912.0.

Bitcoin left the major support and resistance levels untested early on.

Elsewhere, it was a mixed start to the day.

Binance Coin ABC was up by 0.26% to buck the trend early on.

It was a bearish start to the day for the rest of the majors, however.

At the time of writing, Trons TRX was down by 1.17% to lead the way down.

Bitcoin would need to move back through the $10,931 pivot level to support a run at the first major resistance level at $11,097.

Support from the broader market would be needed, however, for Bitcoin to breakout from Thursdays high $11,069.2.

Barring an extended crypto rally, the first major resistance level and current week high $11,105 would likely cap any upside.

In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,235 before any pullback.

Failure to move back through the $10,931 pivot would bring the first major support level at $10,794 into play.

Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,700 levels. The second major support level sits at $10,628.

This article was originally posted on FX Empire

Original post:

The Crypto Daily Movers and Shakers September 18th, 2020 - Yahoo Finance

The Crypto Daily Movers and Shakers September 17th, 2020 – FX Empire

It was a bearish start to the day. Bitcoin fell to an early morning intraday low $10,682.0 before making a move.

Steering clear of the first major support level at $10,647, Bitcoin rallied to a late afternoon intraday high $11,105.0.

Bitcoin broke through the first major resistance level at $10,946 and the second major resistance level at $11,094.

A late pullback, however, saw Bitcoin fall back through the second major resistance level to wrap up the day at sub-$11,000 levels.

The near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.

Across the rest of the majors, it was another mixed day on Wednesday.

Binance Coin (+2.73%), EOS (+0.30%), Ethereum (+0.32%), Ripples XRP (+1.66%), and Stellars Lumen (+2.71%) joined Bitcoin in the green.

It was a bearish day for the rest of the majors, however.

Trons TRX and Moneros XMR led the way down, with losses of 3.19% and 5.15% respectively.

Bitcoin Cash ABC (-0.55%), Bitcoin Cash SV (-2.93%), Cardanos ADA (-1.63%), Litecoin (-1.20%), and Tezos (-1.21%) also struggled.

In the current week, the crypto total market fell to a Monday low $314.21bn before rising to a Tuesday high $337.85bn. At the time of writing, the total market cap stood at $335.17bn.

Bitcoins dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoins dominance stood at 60.87%.

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The Crypto Daily Movers and Shakers September 17th, 2020 - FX Empire

Miny.CC Innovation in the Cryptocurrency Mining Sphere | Press release Bitcoin News – Bitcoin News

Aberdeen, Hong Kong, September 16, 2020. More than 10 years after the first cryptocurrency was successfully mined, the mining space is more controversial than ever. The process was created to be democratic; to allow any PC with spare computing resources to contribute the surplus to help maintain the cryptocurrency network and earn rewards in return.

The prospects of the mining prize mentioned here led entrepreneurs to innovate ways to make mining more profitable. In the process, they have fabricated specialized mining devices that do not only do the activity faster, but also improves the profitability of the exercise while at it. The said changes now mean that anyone who wants to earn from Bitcoin and cryptocurrency mining must put in a colossal amount of capital to afford the expensive devices. Besides, the cost of electricity required to sustain the process is extortionate.

The incredible pace of change in the industry, notwithstanding, an innovative entrepreneur and his unique startup are prepping the industry for major changes. The individual, Thomas Norberg, is a Russian-born businessman with a vision to make Bitcoin and cryptocurrency mining more user-friendly and less costly to join.

Thomas was born in Russia. After attaining elementary education in his native country, he set sail for oversees, landing in Sweden where he enrolled for a Masters degree in International Business Management, which he completed successfully.

Upon completing his graduate studies, Thomas joined the corporate world earnestly. It was while here that he stumbled upon the novel blockchain technology. Having been in the industry for more than 8 years, he can now talk authoritatively about the successes of the space as well as the issues and challenges ailing the industry.

Thomas has seen it all, or at least most of it. He started as a crypto trader back when not many people knew about virtual currencies. Between 2016 and 2018, when initial coin offerings (ICOs) were all the rage, Thomas dived in and backed several projects with the proceeds from his trading days.

However, technology is dynamic and there is no space where this statement is truer than the blockchain industry. Watching the comings and goings of the space, it did not take Thomas long to see the folly and lopsided aspect of the industry that crypto mining had become. Baffled by the cost of hardware and the runaway power tariffs, Thomas joined hands with some entrepreneurs he came to know in the industry. Together, they came up with the idea of a cloud mining platform that has a unique yet friendly approach to the undertaking. And, the process gave forth to Miny.cc.

Miny is primarily a cryptocurrency wallet infrastructure. If a user creates an account on the platform, he or she also gets a secure cryptocurrency wallet by default. The multi-coin wallet can store Bitcoin, Ethereum, Litecoin, and MINY tokens.

However, the platforms shining star is its cloud mining plan. The plan is simple and easy to use. All a user needs to do is create an account, deposit crypto into the wallet provided and convert the virtual currency into MINY tokens. Once the platform verifies the deposit, the user will be included in the mining pool where he or she will begin getting a share of the platforms mining proceeds. Overall, the platform pays out between 10% and 19% of the amount a user invests, per month.

Aside from cloud mining, users can make money on the platform through several means. The platforms native token, MINY, for instance, is a revenue earner. The cryptocurrency is made such that for every successful transaction completed on the platform, a portion of it burns. In doing so, the platform ensures that the number of MINY tokens in circulation reduces over time.

Since the demand for the coins is set to increase over time while the amount in circulation reduces, the value of the coin, as such, will appreciate. Users who hold the coins for an extended period can exchange them for other cryptocurrencies or cash them as fiat and enjoy their profits.

Still, users who have extensive following online can cash in on this resource. The platform has an elaborate affiliate program that pays commissions for the referrals a user brings up to the 20th downline.

The above narrative shows that Thomas Norberg is in the game for more than just profits. The Russian entrepreneur and his band of associates want to make Bitcoin mining worth considering again. Besides, they want to see it become an undertaking that is environment friendly and Sustainable. This reason is why Minys mining farm is located in Hong Kong. The regions endeavor to go green makes its power cheap and attractive.

More information about Thomas Norberg and his unique project is available here.

Press Contact Email Addressinfo@miny.cc

Supporting Linkhttps://www.youtube.com/watch?v=zlocB2BEKNg

This is a 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. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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Miny.CC Innovation in the Cryptocurrency Mining Sphere | Press release Bitcoin News - Bitcoin News

Mad Money’s Jim Cramer ‘Fixated’ on Buying Bitcoin, Fears Massive Inflation | News – Bitcoin News

Jim Cramer, the Mad Money host and The Street co-founder, said he is fixated on needing to own bitcoin because he fears a massive amount of inflation. While he owns so much gold, he is adamant about leaving a bitcoin inheritance to his children.

Jim Cramer is the host of Mad Money on CNBC, a former hedge fund manager, and a co-founder of Thestreet.com, a financial news and literacy website. During a podcast interview with Morgan Creek Digital partner Anthony Pompliano (Pomp), published Monday, Cramer asked many questions about cryptocurrency, particularly bitcoin. The Mad Money host said he has been following stock trader Dave Portnoy very closely. Portnoy recently bought bitcoin but exited the crypto market within a week after the price of chainlink, another of his crypto investments, fell.

Cramer calls himself a gold bug because he has so much gold, he revealed. He is concerned about hedging against inflation and leaving the right assets to his kids. The former hedge fund manager explained that to hedge against inflation, he currently goes to his inflation handbook, and what it says is buy gold, buy masterpieces and buy mansions. Those are the three things. He emphasized that what we didnt have in that menu was crypto and I think that you have to have [it]. He further opined: I feel very strongly that I have missed crypto.

Pomp clarified to Cramer that it is important to distinguish between bitcoin and cryptocurrencies. When you talk to your kids about it, you got to make sure its bitcoin not just crypto in general because bitcoin specifically has the inflation hedge things that were talking about here.

Cramer believes:

My kids, when they get my inheritance, wont feel comfortable with gold and will feel comfortable with crypto.

I just need something that my kids will understand and they will never understand gold and the reason why theyll never understand gold is they think golds dangerous. Its dangerous because it can be stolen. Its dangerous because they dont want to take it out of the bank, Cramer shared. As for cryptocurrency, the Mad Money host is also concerned about the security side, such as getting hacked. However, Pomp explained several ways to keep his bitcoin more secure.

Cramer admitted that when people asked him about bitcoin in the past, he said to them that he does not trade coffee, cotton, and bitcoin. That sufficed for a very long time. It worked until the three trillion dollar [Fed] package because we dont have that. We dont have three trillion in this country. You can raise them you make the rich pay as much as you want. This is the first time in my life, and Ive said it publicly, that I know we dont have the money and thats one of the reasons why I like gold so much. However, he agrees with Pomp that the upside of bitcoin beats gold.

Recently, the Federal Reserve has made a major policy shift to push up inflation. This has prompted some companies to move cash reserves into bitcoin, such as the Nasdaq-listed Microstrategy which recently bought a total of $425 million in bitcoin in order to hedge against inflation. Meanwhile, some people strongly believe that bitcoin beats gold in every way.

The co-founder of The Street exclaimed:

I am fixated on needing to own crypto because I fear massive amount of inflation.

Pomp proceeded to explain how Cramer could buy and hold bitcoin. For example, to get some exposure, he could buy Grayscale Investments GBTC, but there are premiums. Alternatively, he could buy bitcoin itself and either use the custody service of a reputable company or store it himself. He asked about JPMorgan, which Pomp believes will one day offer the same crypto service Fidelity does. Cramer says he has some funds at Fidelity so it is likely the place he will go and buy bitcoin, mentioning that he could be doing dollar-cost averaging. Cramer says that he is not worried about the price fluctuation of bitcoin since it will be part of his portfolio as an alternative asset for hedging purposes.

What do you think about Jim Cramer wanting to buy bitcoin? Let us know in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Mad Money's Jim Cramer 'Fixated' on Buying Bitcoin, Fears Massive Inflation | News - Bitcoin News

Ray Fisher Reportedly Furious At WBs Low Offer To Return As Cyborg In The Flash – We Got This Covered

With his entire filmography since Justice League wrapped consisting of eight episodes of True Detective and nothing else, you might think that Ray Fisher would jump at the opportunity to play Cyborg in The Flash in an attempt to reignite his career. However, despite the actor still being in talks over a return as Victor Stone, his involvement has become overshadowed by a very public battle against his paymasters.

The back and forth between star and studio has been getting increasingly messy in recent weeks, and the public have very much sided with the 32 year-old in his repeated attempts to have Warner Bros. accept responsibility and show accountability for the way he and his Justice League co-stars were treated during reshoots by Joss Whedon, claims that have since been backed up by Jason Momoa.

Of course, WB denied his misconduct allegations after launching their own investigation before saying that Fisher failed to cooperate, something hes strongly denied. He even went as far to reveal his belief that Ben Afflecks return for The Flash being announced on the very same day he fired back against the studio was far from a coincidence.

During The Flashs six years stuck in development hell, Cyborg has always been part of the story, and Fisher remains in negotiations despite the storm of controversy continuing to swirl around his last appearance in the DCEU. However, a new report claims that hes not happy about the financial terms being offered, not to mention a drastic reduction in screentime that would amount to little more than a cameo.

While the story has yet to be officially verified, it isnt outside the realm of possibility that Warner Bros. are deliberately low balling Fisher in the hopes that hell turn them down and thus wont be brought back for The Flash. Regardless, based on recent developments, the actor looks set to keep sticking to his guns and fighting the good fight for while yet.

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Ray Fisher Reportedly Furious At WBs Low Offer To Return As Cyborg In The Flash - We Got This Covered

‘I choose to be a cyborg’: Why I implanted computer chips in my hands – The Conversation CA

I have computer chips in my hands.

The tiny (two millimetre by 12 millimetre) glass ampules are nestled just under the skin on the back of each of my hands and were implanted by a local body piercer several years ago.

The chip in my right hand is a near-field communication device that I scan with an app on my smart phone to access and rewrite the information I have stored on it. It can contain a minuscule 888 kilobytes of data storage and only communicates with devices less than four centimetres away. In my left hand is a chip designed as a digital verification device that uses a proprietary app from the developer Vivokey.

The implant procedure is neither difficult nor extremely painful. I can feel the bump of the chips under my skin and often invite others to feel it. The bump does not protrude from the back of my hand if I didnt tell someone it was there, they would not be able to tell by sight that I had an implant. But they are not undetectable.

An implanted chip can be a secure storage location for emergency contact information, used as an electronic business card, or as an electronic key to unlock your door. I give public presentations and interviews about my research and, as a result, do not store private data on my chip.

There are thousands of people all over the world with chip implants; people I call voluntary cyborgs.

Voluntary cyborgs are people involved in the community and practice of implanting technology beneath their skin for enhancement or augmentation purposes and Ive counted myself as a member of this subculture for several years. My research in the community has focused on the formation of a distinct subculture and its representations in popular media.

Read more: Meet the biohackers letting technology get under their skin

I coined the term voluntary cyborgs to make a distinction from medical cyborgs, who have had technology like pacemakers, insulin pumps, IUDs and more implanted by medical professionals for rehabilitative or therapeutic purposes. I intentionally emphasize the voluntary aspect of the implant practice to stave off inferences of coerced microchipping theories popular with a vocal groups of implant critics and detractors.

Conspiracy theories about microchips in humans have been around for years; some of these theories originate from an interpretation of a Bible passage.

Clickbait headlines and social media hashtags have been making the rounds with increasing frequency in the last few months, describing the fears and conspiracy theories about the involuntary microchipping of people. The latest incarnation of these doomsday prophecies suggests that tech billionaire Bill Gates will employ microchips to fight COVID-19.

The article was inspired by a Reddit Ask me Anything thread with Gates on March 18 that focused on a single phrase: digital certificates. Conspiracy theorists started to make sensational predictions about microchips as a feasible solution to identification verification issues and authenticating vaccination status.

The proliferation of online media articles and posts debunking the claim that Gates plans to surreptitiously implant microchip tracking devices into people as part of a COVID-19 vaccine reinforced the conspiracy theorists.

These recent conspiracy theories of enforced and involuntary chip implants led me to consider why some people are worried about having computer chips embedded in their bodies against their will.

The answer lies in perceived body autonomy.

Research in 2017 showed a quarter of the American population believed in conspiracy theories and are these beliefs are driven by feelings of anxiety, alienation and disenfranchisement.

The right to govern ones body and what is done to it by others, is not a privilege held by everyone. This realization can come as a surprise to those who want to modify their bodies with technological implants for convenience, fun or experimentation.

Members of historically marginalized groups women, racialized people, queer people, disabled people and children are not shocked at this lack of body autonomy. The state, organizations and medical communities have restricted, regulated and governed their bodies for hundreds of years.

One goal of my work is to highlight the struggle for body autonomy through the experience of the cyborg. The right to morphological freedom to modify ones body as one desires is one aspect of body autonomy that cyborgs routinely face.

If cyborgs can win the right to alter their bodies by redefining the boundaries of acceptable body modification, then these rights can extend to other groups fighting for bodily integrity and autonomy. Collaboration with scholars and advocates in disability studies, queer and feminist studies, medical and legal scholars as well as human rights activists is an approach to take.

Recent news of involuntary and forced sterilizations happening in detention camps run by U.S. Immigration and Customs Enforcement (ICE) is horrific and illustrates just one of the abuses of body autonomy that a government can inflict on people citizens or otherwise.

Implanted chips are not useful for covert surveillance or monitoring. Current available microchip technology is not capable of tracking peoples locations. There are no batteries or GPS transmitters both powerful and small enough to be safely and unobtrusively embedded in our bodies without our knowledge.

There is no need for governments or other shadowy organizations popular with conspiracy theorists to embed tracking devices inside human bodies as our smartphones already perform this function. Most smartphone users signed away any expectation to privacy with various apps and location services long ago.

People say they can always leave their phones at home, but do they really? It feels as though youre missing a part of yourself when you dont know where your phone is. The feeling in the pit of your stomach, you pat your pockets, reaffirming your loss through contact with your body. It is already a part of body construct.

I do not worry that I will be implanted with a chip without my knowledge but I am very concerned that people may one day be implanted without their consent.

I worry chips may be used for overt, unethical suppression of movement by governments. It is why the right to body autonomy must be a legally declared, international human right upheld by courts and governments around the world.

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'I choose to be a cyborg': Why I implanted computer chips in my hands - The Conversation CA