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Monthly Archives: March 2017
Top 6 Cryptocurrencies With High Block Rewards – The Merkle
Posted: March 21, 2017 at 11:28 am
With so many alternative cryptocurrencies in existence, it becomes difficult for developers to make their coin stand out. Some developers prefer to offer large block rewards, even though that will only add to coin inflation as time progresses. Below are some of the alternative cryptocurrencies with the largest block rewards in history. Not all of these projects are still operational today, though.
While the list is ranked based on the raw amount of coins that a cryptocurrencys network rewards, we alsomeasured each cryptos reward as a function of its total supply. You will be surprised to find out that while a cryptocurrency may reward users with 10,000 coins per block, when factoring in its total supply some of the coins rewards arevery close to that of Bitcoin. This is a reminder to always keep data in perspective.
Perhaps the only altcoin with a somewhat intriguing name is Bonus, listed as BNS on various cryptocurrency exchanges. Although this altcoin doesnt offer much in terms of innovation, the block reward of at least 2,300 BNS is plenty of reason for some miners to jump in. The block reward rate of 2,300 is the minimum as a random bonus will be assigned on top of the original reward.
If we were to compare Bonus reward to that of Bitcoin, since there are 2.5 billion BNS in circulation, a 2300 block reward would equate to a 23 BTCreward if the network was Bitcoin. Remember that Bitcoin would have 21 million total coins in existence which is roughly 1/1000 that of BNS. It is important to keep these values in perspective when comparing block rewards.
MazaCoin is one of those altcoins which has seemingly been around for quite some time. Despite gaining some initial momentum, there are very few use cases for this particular currency. That said, the coin made it onto Poloniex, which is considered to be the leading altcoin exchange to date. Mazacoin had an initial block reward of 5,000, which halves every 12 months.
Due to its low trading volume on exchanges, and the 50 million premine MazaCoin never amounted to much. With a total supply of around 2.4 billion and a block reward of 5,000, if MazaCoin was a Bitcoin network, the reward would be roughly 50 BTC.
At one point in time, many people thought Earthcoin could become the next Dogecoin. Rather than positioning itself as a meme, EarthCoin intended to change the world and protect out natural ecosystem Things did not work out all that well. With a variable block reward usually around 10,000 the coin is plagued by significant inflation. With no clear use cases and no one interested in using Earthcoin, that inflationary supply is doing more harm than good.
With a supply of 13.5 billion and a block reward of 10,000, Earthcoin has roughly 500 times the supply than that of Bitcoin. If it were a Bitcoin network, the reward would be around 20 BTC.
Once called the joke-coin of the internet, Dogecoin turned into something much more powerful than that. Dogecoin gained a lot of mainstream media recognition by sponsored various sports teams and even a NASCAR driver. Even though there isno limit as to how many Dogecoins can be generated in the end, many people still like this concept. The current block reward still sits around 250,000 DOGE, which is way too high. Dogecoin still generates a fair bit of trading volume across exchanges, though.
With its current supply of 108.619 billion coins, there are a lot of DOGE in the world. In fact, the number of coins is 5,172 times higher than bitcoin. If this were a bitcoin network, the block reward would be 48.34 BTC.
When it comes to finding an altcoin with a very large supply, look no further than Reddcoin. There will be 109 billion coins at the end, which will be achieved due to the currencys high block reward. After initially starting at 300,000 RDD per block, the reward is now sitting at the 100,000 mark. It is not a surprise the value of RDD has tanked significantly as more time elapsed. The lack of proper use cases is not helping matters either for this altcoin.
Reddcoin has a total supply of 28.279 billion, resulting in there being 1,346 as many coins as bitcoin. If this were a bitcoin network, the block reward would be 74.29 BTC.
When MoonCoin was first introduced, a lot of people were very skeptical about this process. The developer deliberately introduced significant block rewards, which started at two million MOON. As more time progressed, the reward dropped to 1 million, although mining was halted shortly afterward. With so many coins in circulation and no way to spend them other than selling MOON in favor of bitcoin, this project ground to a halt pretty quickly. It is still the altcoin with the highest block reward during the time it was actively mined.
The current MoonCoin supply sits at 221.64 billion MOON, making it 10,554 times as common as bitcoin. If this were a bitcoin network, the block reward would be 94.75 BTC.
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A Cryptocurrency Without a Blockchain Are You Kidding Me? – Live Bitcoin News
Posted: at 11:28 am
Even though bitcoin has introduced a new concept of decentralized cryptocurrencies, the inevitable consolidation of mining into mining pools, that control enormous portions of the networks hashing power, is a problem that undermines the decentralized nature of the protocol. On the other hand, scalability and the inconveniently long transactions conformation delays represent another problem that hurdles popularization of bitcoin.
A recently published paper proposed to forgo the blockchain and the blocks entirely, and formulate a truly decentralized ledger system which relies on a lean graph which is comprised of cross-verifying transactions. A fully decentralized consensus mechanism, which relies on progressive proofs-of-work (PoW) with predictable rewards, guarantees rapid convergence even throughout a huge network with unequal participants, who all get incentivized for mining using their mining equipment which possessvariable hashing power. Graph based affirmation endorses concise response via a process of automatic scaling. On the other hand, application agnostic design is compliant with all of cryptocurrencies modern features including swaps, multiple denominations, scripting, securitisation, smart contracts.etc.
The authors of the paper proved experimentally that their proposal achieves a pivotal convergence property. In other words, any valid transaction enters the system will rapidly become included in a block and linked to the proceeding blocks.
Bitcoins scalability represents an artefact that stems from the consolidation principle of the blockchain itself, which renders it very hard to distribute incentives to the large group of participants contributing, or would have been contributing, their processing power to bitcoin mining. When a linear blockchain is considered, the mining rewards are somehow few and relatively far between, and the sole secure and fair way to distribute them is literally a lottery.
Risk averse miners coalesce into bitcoin mining pools to decrease the variance, at the cost of relinquishing their individual chances to find the solution to the puzzle. This renders the network more vulnerable to a myriad of attacks; the well known 51% attack and the selfish miner, or the 33% attack, which can occasionally become a 25% attack. The problem is that mining pools have transformed into monopolies within the bitcoin system. Recent data denote that 50% of bitcoins network hashing power originates from mining pools that are located in China.
Sometimes, people had to wait for more than 24 hours to get their bitcoin transactions confirmed. A long and/or unpredictable confirmation time renders people reluctant to use bitcoin for real time payments with considerable amounts of money. Ironically enough, retailers accepting bitcoin payments now overcome confirmation delays via utilization of payment processors, or third parties which bitcoin was designed to omit!
The new proposal represents a blockchain free cryptocurrency, as confirmation of transactions no more yields a blockchain of transactions, but a lean graph that is entirely composed of transactions; a graph of cross verifying transactions.
Whenever a transaction is posted, it will refer to the actual coins paid, as well as two proceeding confirmed transactions. This will lead to a growing group of hash-graph confirmations, where each transaction confirms two parent transactions. The below figure shows how transactions are connected, or refer to each other. The arrow originates from a parent transaction and points to a child transaction.
This proposal establishes the concept of a cryptocurrency without using the traditional blockchain system, which mitigates the scalability issues associated with blockchains and avoids centralization problems that are inseparable parts of blockchain implementations. I believe that this represents a crucial improvement in this research field and will be warmly welcomed by crypto-entusiasts.
Diagrams are Courtesy ofCryptology ePrint Archive: Report 2016/871
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A Cryptocurrency Without a Blockchain Are You Kidding Me? - Live Bitcoin News
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Bitcoin Is Finally Starting to Settle Down – Fortune
Posted: at 11:27 am
Bitcoin regained its footing on Monday, having suffered its heftiest falls since early 2015 between Thursday and Saturday as investors sold the digital currency on worries about its future.
Having soared to an all-time high of $1,350 on the Bitstamp exchange on March 10, on speculation that regulators could approve the first U.S. bitcoin exchange traded fund the following day, the digital currency then slipped back.
Its falls began accelerating on Thursday and it hit a five-week low of $944.36 on Saturday. But bitcoin recovered a little on Sunday and built on those gains on Monday, climbing around 2.5% to roughly $1,050 by 18:15 GMT.
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Bitcoin experts said its steep losses were driven by a longstanding, and intensifying, row over whether - and how - to increase the capacity of the "blocks" that bitcoin transactions are processed in, so as to make sure there are no delays in transactions being finalized.
"The bitcoin scaling debate is a risk for the network and highlights core issues in terms of governance and this is where more nimble crypto competitors see advantages in fleshing out their capabilities sooner," said Charles Hayter, CEO of digital currency analysis website Crytocompare, in London.
Related: This New Tactic Might Finally Lure Big Investors to Bitcoin
At the same time that bitcoin was plunging, a newer, rival "cryptocurrency" was soaring: ether. The digital currency behind Ethereum - a project that some experts say holds more potential than bitcoin - has almost tripled in value this month, jumping to record highs of around $45.
Some experts said traders were selling bitcoin and buying ether, which was exacerbating the falls in the original cryptocurrency.
"Traders in the space are looking for better returns in the more risky and nascent cryptos such as Dash, Monero and Ethereum (and are) looking to replicate the extraordinary returns that bitcoin saw in its early days," added Hayter.
U.S. regulators dashed Cameron and Tyler Winklevoss's bitcoin ambitions earlier in the month by rejecting their application to list an exchange-traded fund linked to the digital currency.
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Why Professional Traders Now Have More Reason To Try Bitcoin – Forbes
Posted: at 11:27 am
Forbes | Why Professional Traders Now Have More Reason To Try Bitcoin Forbes The service, available for bitcoin, Ethereum, and litecoin, gives customers access to additional funds to make trades three times the size they typically could a strategy that could compound their gains, but also their losses. It also gives these ... This New Tactic Might Finally Lure Big Investors to Bitcoin GDAX Adds Margin Trading - The GDAX Blog |
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Bitcoin Stabilizes After 3-Day Nosedive – PYMNTS.com
Posted: at 11:27 am
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Three days into what can only be termed a rout, shares of bitcoin have stabilized if we accept the skewed maxim that one days trading makes a trend.
Reutersnoted Monday that the digital currency gained at least some traction, after the previous three sessions slammed pricing to its lowest level since 2015.The peak seems far away, at $1,350.Itcame a week ago as there had been hopes among traders that the currency would be listed as part of an ETF. Conventional wisdom holds that such a listing would boost liquidity and transparency. Yet the bid for listing was denied by the Securities and Exchange Commission, which cited unregulated markets.
Thus the low came on Saturday to $944 per bitcoin.The Winklevoss twins, who had been looking to list those ETF shares, said efforts would continue.
The newswire also said that there have been disputes centering around the blocks in which bitcoin trades.That may leave the door open for inroads to be made by ether and other rival currencies.The formercurrency, ether, has tripled in value over the past month.Some observers have said that trading involved selling bitcoin, while buying ether.
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BTCC CEO Bobby Lee On Why The Chinese Probably Aren’t Using Bitcoin To Evade Capital Controls – Forbes
Posted: at 11:27 am
CoinTelegraph | BTCC CEO Bobby Lee On Why The Chinese Probably Aren't Using Bitcoin To Evade Capital Controls Forbes Bobby Lee is chief executive of BTCC, one of the world's longest-running cryptocurrency exchanges. He got into bitcoin early through his brother, Charlie Lee, the creator of Litecoin, the cryptocurrency often called digital silver, as opposed to ... Bitcoin Withdrawals Expected to Resume As Chinese Exchanges Ask Users For Funds Info |
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Challenger Learning Presents The First 5k Space Station Race – WABI
Posted: at 11:27 am
Challenger invites you to navigate thru the thrill of launching to space in the first Space Station 5K Race! Run with your family & friends to celebrate the Spring Equinox in Bangor on Saturday, March 25th. Find out if you qualify to meet an astronauts running time requirement for space! This fun event will raise funds to help the Challenger Learning Center of Maine fulfill its mission to inspire STEM learning and career aspirations for Maine students.
Race Schedule:
Saturday Morning, March 25, 2017
8:00-9:30: Race bib/packet pick-up & race-day registration accepted
10:00: 5k Race begins
11:00ish: Awards
Race Course:
The race will be held at the Challenger Learning Center of Maine.
Address: 30 Venture Way, Bangor, ME 04401
The Race will start and end at the Challenger Learning Center of Maines parking lot. Runners will proceed up a small hill on Venture way, turn onto Texas Ave and loop back after reaching the MPBN parking lot. This loop will be completed twice.
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ARISS Deadline Looms to Accept Proposals to Host Contacts with Space Station Crew – ARRL
Posted: at 11:26 am
03/21/2017
The deadline is April 15 for schools and formal or informal educational institutions and organizations individually or working in concert to submit proposals to host Amateur Radio contacts next year with ISS crew members. Amateur Radio on the International Space Station (ARISS) anticipates that contacts will take place between January 1 and June 30, 2018. Crew scheduling and ISS orbits will determine the exact contact dates. Proposal information and documents are on the ARRL website.
To maximize these radio contact opportunities, ARISS seeks proposals from schools and organizations that can draw large numbers of participants and integrate the contact into a well-developed education plan. Each FM-voice contact lasts about 10 minutes the length of a typical overhead ISS pass from horizon to horizon.
Scheduled ham radio contacts with ISS crew members allow students to interact with an astronaut or cosmonaut through a question-and-answer format. Participants and the audiences alike can learn firsthand from the astronaut or cosmonaut what its like to live and work in space and to learn about space research on the ISS. Students will be able to observe and learn about satellite communication, wireless technology, and radio science.
Because of the nature of human spaceflight and the complexity of scheduling activities aboard the ISS, organizations must demonstrate flexibility to accommodate changes in contact dates and times.
To help organizations prepare proposals, ARISS offers 1-hour online information sessions, designed to provide more information regarding US ARISS contacts and the proposal process, as well as provide an avenue for interested organizations to ask questions. Attending an online Information Session is not required but is strongly encouraged.
In the US, ARISS is a collaborative effort between ARRL and AMSAT, in partnership with NASA and the Center for the Advancement of Science in Space (CASIS).
Contact ARISS for more information.
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Astronaut tweets dazzling picture of London’s lights from the … – The Sun
Posted: at 11:26 am
Stunning snap reveals what London looks like from 250 miles above ground
AN astronaut shared an incredible photo of London seen from hundreds of miles above in Space.
Nasas Shane Kimbrough took the snap from the International Space Station which orbits at a height of 250 miles on Sunday evening.
It shows the capital city lit up and the winding course of the Thames river from hundreds of miles above.
You can make out large attractions including the O2 arena in Greenwich,Westhams London Stadium and Hyde Park.
Its been retweeted thousands of times prompting Londoners to zoom in and try and find their homes.
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One Brit joked whether EastEnders might consider it for a new logo.
The former US Army Colonel had been busy sending a load of science samples back to Earth on a SpaceX Dragon capsule.
They used a robotic arm to send the cargo on its five-hour journey to the coast of Baja California, Mexico.
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Orbital ATK Cygnus set to deliver research to space station – Phys.org – Phys.Org
Posted: at 11:26 am
March 20, 2017 by Jenny Howard The Cygnus spacecraft reenters the Earth's atmosphere, as observed by Expedition 40 crewmembers aboard the space station. RED-Data2, a soccer-ball sized companion to a spacecraft reentering the Earth's atmosphere, will be a test-bed for the testing and demonstration of high-heat materials. Credit: NASA
Orbital ATK is targeted to launch its Cygnus spacecraft into orbit for a resupply mission to the International Space Station March 24, 2017 from Cape Canaveral Air Force Station in Florida. Cygnus will launch atop a United Launch Alliance Atlas V rocket carrying crew supplies, equipment and scientific research to crew members aboard the station. The flight will deliver investigations that study magnetic cell culturing, crystal growth and atmospheric reentry.
Here are some highlights of research scheduled to be delivered to the station:
ADCs in Microgravity could provide better drug designs for cancer patients
In microgravity, cancer cells grow in 3-D, spheroid structures that closely resemble their form in the human body, allowing to better test the efficacy of a drug. The Efficacy and Metabolism of Azonafide Antibody-Drug Conjugates in Microgravity (ADCs in Microgravity) investigation tests new antibody drug conjugates, developed by Oncolinx.
These conjugates combine an immune-activating drug with antibodies and target only cancer cells, which could potentially increase the effectiveness of chemotherapy and potentially reduce the associated side-effects. Results from this investigation could help inform drug design for cancer patients, as well as more insight into how microgravity effects a drug's performance.
3-D cell culturing in space may lead to improved drug development costs
Cells cultured in space spontaneously grow in 3-D, as opposed to cells cultured on Earth which grow in 2-D, resulting in characteristics more representative of how cells grow and function in living organisms. The Magnetic 3-D Cell Culture for Biological Research in Microgravity (Magnetic 3-D Cell Culturing) investigation will test magnetized cells and tools that may make it easier to handle cells and cell cultures. As a result, this could help investigators improving the ability to reproduce similar investigations on Earth.
This investigation will test ways to manipulate and culture cells in 2-D and 3-D in space and on the ground, which may help isolate the effects of gravity in experiments. If investigators can identify these effects on the cell's growth, data will be used to help design environments on Earth which mimic microgravity, which could reduce the cost of drug development.
SUBSA Furnace and Inserts provide for improved crystal growth in microgravity
The Solidification Using a Baffle in Sealed Ampoules (SUBSA) investigation was originally operated successfully aboard the space station in 2002. Although it has been updated with modernized software, data acquisition, high definition video and communication interfaces, its objective remains the same: advance our understanding of the processes involved in semiconductor crystal growth.
Many crystal growth investigations, such as CLYC Crystal Growth and Detached Melt and Vapor Growth of InI, will occur within SUBSA Furnace and Inserts. Samples can be observed with high-definition video in real-time, along with remote commanding of thermal control parameters by investigation teams.
Understanding how space debris reenters the atmosphere can lead to improved spacecraft materials
Out-of-function satellites, spent rocket stages and other debris frequently reenter Earth's atmosphere, where most of it breaks up and disintegrates before hitting the ground. However, some larger objects can survive atmospheric reentry. The ability to predict how an object will break apart is valuable in the protection of people and property. The Thermal Protection Material Flight Test and Reentry Data Collection (RED-Data2) investigation studies a new type of recording device that rides alongside of a spacecraft reentering the Earth's atmosphere, recording data about the extreme conditions it encounters during reentry, something scientists have been unable to test on a large scale thus far.
Understanding what happens to a spacecraft as it reenters the atmosphere could lead to increased accuracy of spacecraft breakup predictions, an improved design of future spacecraft and the development of materials that can resist the extreme heat and pressure of returning to Earth.
IceCube CubeSat seeks to improve understanding of weather and climate models
IceCube, a small satellite known as a CubeSat, will measure cloud ice using an 883-Gigahertz radiometer. Used to predict weather and climate models, IceCube will collect the first global map of cloud-induced radiances. The key objective for this investigation is to raise the technology readiness level, a NASA assessment that measures a technology's maturity level.
Advanced Plant Habitat supports plant research
Joining the space station's growing list of facilities is the Advanced Plant Habitat, a fully enclosed, environmentally controlled plant habitat used to conduct plant bioscience research. The habitat integrates proven microgravity plant growth processes with newly-developed technologies to increase overall efficiency and reliability. The ability to cultivate plants for food and oxygen generation aboard the space station is a key step in the planning of longer-duration, deep space missions where frequent resupply missions may not be a possibility.
Explore further: Stem cells seem speedier in space
Growing significant numbers of human stem cells in a short time could lead to new treatments for stroke and other diseases. Scientists are sending stem cells to the International Space Station to test whether these cells ...
The tenth SpaceX cargo resupply launch to the International Space Station, targeted for launch Feb. 18, will deliver investigations that study human health, Earth science and weather patterns. Here are some highlights of ...
Orbital ATK's unmanned Cygnus space capsule departed from the International Space Station on schedule Tuesday, three months after delivering 7,500 pounds (3,400 kilos) of supplies, material for scientific experiments and ...
Newly 3-D printed wrenches, data to improve cooling systems, protein crystals and seedling samples returned Feb. 10 aboard SpaceX's fifth contracted resupply mission to the International Space Station. Researchers will use ...
The crew of the International Space Station soon will be equipped to perform dozens of new scientific investigations with cargo launched Monday aboard NASA's latest commercial resupply services mission from the agency's Wallops ...
There will be more Dragons in space! The SpaceX Dragon's next launch to the International Space Station has been scheduled for Sunday, October 7, 2012, NASA and SpaceX announced today. This will be the first of 12 contracted ...
A new computer simulation helps explain the existence of puzzling supermassive black holes observed in the early universe. The simulation is based on a computer code used to understand the coupling of radiation and certain ...
What sounds like a stomach-turning ride at an amusement park might hold the key to unravelling the mysterious mechanism that causes beams of radio waves to shoot out from pulsarssuper-magnetic rotating stars in our Galaxy.
(Phys.org)A large international team of researchers has found that a hot Jupiter called KELT-16b is likely to offer a unique opportunity for research for many years to come. In their paper published in The Astronomical ...
The next rovers to explore another planet might bring along a scout.
As children, we learned about our solar system's planets by certain characteristicsJupiter is the largest, Saturn has rings, Mercury is closest to the sun. Mars is red, but it's possible that one of our closest neighbors ...
(Phys.org)Astronomers have inspected a mysterious isolated star cluster complex designated SH2 in the galaxy NGC 1316 (also known as Fornax A). The results of their study, which were published Mar. 1 in a paper on arXiv.org, ...
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