Monthly Archives: July 2020

US Army Requests Information on Tools to Track Cryptocurrency Transactions | News – Bitcoin News

Posted: July 21, 2020 at 11:48 am

The U.S. Department of Defense and the U.S. Army have requested information on web-based cryptocurrency tracking tools. The tools must enable U.S. government agencies worldwide to conduct in-depth investigations into the source of crypto transactions and provide multi-currency analysis from bitcoin to other top cryptocurrencies.

The U.S. Department of Defense and the U.S. Army have posted a request for information (RFI) entitled cryptocurrency investigative web-based application. The request was published on the U.S. governments website on July 10.

All information submitted in response to this announcement is voluntary, the notice states, adding that The U.S. Army Contracting Command-New Jersey (CC-NJ) located at Fort Dix, NJ is surveying the market for potential contractors capable of providing one license for one user of a cloud, web based application capable of assisting law enforcement to identify and stop actors who are using cryptocurrencies for illicit activity such as fraud, extortion, and money laundering.

The requests accompanying Statement of Work (SOW) describes that the contractor must provide access to a reliable cryptocurrency investigation service, also referred to as a Software-as-a-Service (SaaS) solution required for use in criminal investigations and the other missions conducted by the US Army Criminal Investigation Command (USACIDC). The USACIDC is the premier Military Criminal Investigative Organization within the Department of Defense, responsible for conducting worldwide criminal investigations wherever there is a U.S. Army interest. The notice elaborates:

Application must enables users to conduct in-depth investigation into the source of cryptocurrency transactions and provides multi-currency analysis from bitcoin to other top cryptocurrencies.

The USACIDCs Major Cybercrime Unit in Quantico, VA, will administer the service but users can be located anywhere in the U.S. and overseas. Intended users include those in the Federal Bureau of Investigation (FBI), the Drug Enforcement Administration (DEA), the Securities and Exchange Commission (SEC), the Transportation Security Administration (TSA), the US Immigration and Customs Enforcement (ICE), and the Internal Revenue Service (IRS).

The service must be a tested product, without hardware or software to install. It must meet the SOW requirements, including providing real-time bitcoin and other cryptocurrency transaction tracing and be able to spot transaction patterns and interactions with other entities. The contract will be for one year with the option to extend four more years. Responses to the information request must be made by July 20.

The Department of Defenses request came after the U.S. Department of Homeland Security and the Secret Service awarded a contract for blockchain analytics software to Coinbase, as news.Bitcoin.com reported.

What do you think about the U.S. Army looking for crypto tracking tools? Let us know in the comments section below.

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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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How Coronavirus changed the perception of Poker – CalvinAyre.com

Posted: at 11:48 am

For many, the global Coronavirus lockdown has meant a huge change to work, health and life in general. The restrictions of places of work, general public freedom and even familial contact has been a huge change to the routines of millions.

Poker players, however, have always had what might be loosely termed an alternative lifestyle.

Poker players rise at the weirdest times, work long unsociable hours from home and yet only really rely on a strong WiFi signal to be able to make money.

Ideal conditions for a life in lockdown? Its hard to disagree with that when you see players like Ryan Depaulo committed to the game wherever he can find signal, even if it a Whole Foods parking lot.

Playing poker from home requires a lockdown mentality in that you cant leave the computer for more than five minutes every hour, need a relentless focus and drive and have to be comfortable working under pressure. That doesnt just sound like something that can stand up to the demands of pre-lockdown office employment, but potentially look down on it.

Playing poker from home, working from home in any way, is something for which global perception has changed. Many large companies have realized during the COVID-19 lockdown that paying out a vast proportion of their profits towards an office floor has drained money from their profit column. During the lockdown, theyve seen that the same employees can cope from home, can still work to the best of their abilities because their jobs depend on it.

In a City-based office, theres always a coffee run, a cake morning, a birthday card to sign or a meeting to be held for little reason other than to gather in all the gossip. Working from home, delivering to a timetable and organizing a schedule is something that poker players do all year round.

The perception of poker before the pandemic might have been very different for parents, too. If your son or daughter left university and told you that their money-making hobby of playing poker is something that they want to develop into a career before lockdown, you might have been worried. Post-lock down, however, with no immediate sign of a vaccine bringing a restricted lifestyle to an end, the idea has some merit now.

Developing as a professional poker player has, in many ways, never been harder. The opponents are tough, there are professionals who have already made a great start to their poker careers and there are obstacles to overturn as you fight to turn a regular profit. But in other ways, its never been easier to start. There are vast amounts of information at your fingertips to call upon, with podcasts, training videos, coaches and incentives to use in your bid to be the best.

With huge online series put on during the summer and beyond by companies such as PokerStars, GGPoker and the WSOP as well as partypoker and 888poker, playing poker during the lockdown could lead to a better enjoyment of the game in a world after Coronavirus.

Its easy to leave your ambitions in poker to after this is all over, but in reality, its always better to make a start whenever you can and there might never have been a better time to get playing poker on a more regular basis.

As John Lennon once sang, Life is what happens to you while youre busy making other plans.

Perhaps he could have started that famous line with the word poker after all.

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Twitter Hack Used Bitcoin to Cash In: Here’s Why – CoinDesk – CoinDesk

Posted: at 11:48 am

Someone hacked Twitter Wednesday and used bitcoin to capitalize on it.

Bitcoin is an alternative money system based on the value of censorship resistance. In other words, Bitcoin was built from the ground up to evade third-party interference (think banks, governments and law enforcement), making it a natural tool in the hands of a world-class hacker.

Bitcoins value proposition can be broken into a few categories, all based on the technology under the hood.

Once the hacker gets it, its theirs

Bitcoin is electronic. A popular meme for bitcoin is magic internet money, which, in a sense, it is. Bitcoin operates natively online you can send bitcoin from your phone or computer to anyone else, just about anywhere in the world, in a few clicks, without anyone being able to stop you. And once youve sent it, you cant get it back.

That feature or in this case, a bother is a prime reason the Bitcoin blockchain exists. Bitcoin relies on what are called Peer-to-Peer (P2P) transactions so it cant be confiscated by middlemen such as law enforcement. Once the coins are in someone elses wallet, count them as good as gone.

Bitcoin is pseudonymous

Like many Twitter handles, Bitcoin is pseudonymous. We cant link an address to a personal identity very easily.

Stolen U.S. dollars (USD), on the other hand, would be near impossible to get into and out of a bank account without being flagged. Traditionally, money is moved from one account to another through a third party.

Legacy systems have the upside of being able to reverse transactions and attach identities to them. That is clearly a disadvantage to hackers. (Notably, reports surfaced of the hacker running a similar campaign on CashApp for USD).Bitcoin transactions, by comparison, are a lot harder to control.

Bitcoin is liquid

Bitcoin is also traded online in a lot of places. Holding bitcoins in your wallet wouldnt be worth much without people to swap dollars for bitcoins. Launched in 2009, bitcoin is the most established and most highly traded digital asset. Its also available on popular financial apps such as CashApp or PayPal.

Its common sense that the attackers would choose bitcoin. Bitcoin is the most censorship resistant and liquid asset in existence, Blockstream CSO Samson Mow said in a private message.

All this to say the Twitter hacker chose the right cryptocurrency to get U.S. dollars.

But bitcoin can be tracked and traced

Addresses can be tracked, however. And they can also be blackballed by others. By nature, the Bitcoin blockchain is 100% transparent. That means the ins and outs of transactions from one party to another are viewable for all to see with a little know-how.

For example, popular cryptocurrency exchange Coinbase would not allow users of its service to transfer funds to the Twitter hackers address.

Blockchain analytics firm Chainalysis says the 12 or so bitcoins (worth about $110,000 at the time) the hacker netted are already on the move. But we can see where they are going. Some firms are even able to match meatspace identities with blockchain ones based on small details hackers overlook.

Having said that, there are tools available to people who really want to obfuscate their transactions, and whoever perpetrated this particular heist seems to be prepared to take measures to protect their loot.

At the end of the day, its important that people be wary of promises of free money on the internet whether that comes in the form of dollars, pounds or bitcoin.

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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Orange City OKs more poker players, and Greyhound racing in Daytona is over – The West Volusia Beacon

Posted: at 11:48 am

Four years after it approved a cardroom with a sports bar in an aging shopping center, the Orange City Council has agreed to allow the business to draw bigger crowds but the coronavirus pandemic may limit the expected rush.

Since opening in 2017, the Orange City Racing & Card Club at 822-4 Saxon Blvd. has operated with a maximum 297 seats in the poker room, by agreement with the city.

We need to remove the existing cap, Daytona Beach Kennel Club President Fred Guzman told the Orange City Council July 14. We need to clear this hurdle.

The cardroom has been good for Orange City, Guzman said, producing more than $300,000 in revenue from the state parimutuel fund. He said that income may increase by $100,000-plus this fiscal year.

The parimutuel-fund money is in addition to city property taxes and electric-utility taxes.

The cardroom produces an economic impact of $6 million for Orange City, Guzman said, because of the scores of people employed there.

I like what you all have done, Vice Mayor Bill OConnor said, praising the cardroom and its owners. I appreciate the work you have done. ... Thank you for what you have done with that blighted community. I just wanted to give you a thumbs-up.

The cardroom and restaurant operate in what had been an empty former movie theater.

Orange City Racing & Card Club operates under the state parimutuel gambling license of the Daytona Beach Kennel Club.

A restaurant and sports bar, combined with opportunities for off-premises betting, have made the cardroom a success, and the local business and its parent firm, Delaware North, requested permission in late 2019 to lift the customer limit that was set four years ago. The Orange City Council readily agreed to do so.

Asked how social distancing to combat the spread of the coronavirus may restrict the numbers of fortune seekers, Guzman replied, I really couldnt put a number on it.

In line with what other businesses have done or are doing, he said the business has installed hand sanitizers.

The Orange City poker room covers about 6,200 square feet of the businesss total of 29,237 square feet. The cardroom now has 34 tables, with as many as eight players at each one.

Were not requesting to expand beyond the current footprint, Guzman said.

Orange City Racing & Card Club is welcoming back its clientele after the pandemic shutdown.

We reopened on Memorial Day, Guzman said.

As well as the gambling, the restaurant is also doing well, he added, noting alcoholic beverages are available with food orders.

The Kennel Club took over the former multiplex cinema in the Orange City Marketplace shopping center and redeveloped the space under a conditional-use permit granted by the City Council. A conditional use is special permission given to a developer to operate a business not specifically allowed under the zoning code.

One City Council member recalled the debate in 2016 over a gambling business.

There was some controversy about this, but we did approve it, Council Member Bill Crippen said.

Critics of the cardroom expressed concerns about possible crime, late-night noise and traffic. According to the City Council, those fears have not materialized.

The cardroom has been a positive impact in Orange City. I havent heard any complaints, Mayor Gary Blair told Guzman.

The council voted 7-0 to remove the cap on customers in the cardroom.

The Daytona Beach Kennel Club may need a new name.

Kennel Club President Fred Guzman said dog racing has ended months before the Dec. 31, 2020, deadline mandated by Florida voters.

In 2018, a majority of the states electorate about 69 percent adopted a state constitutional amendment to halt greyhound racing.

We were planning on ending dog racing on March 28. We shut down March 20, Guzman told The Beacon.

The closedown of dog racing and betting on it coincided with the lockdown on many businesses, schools and other establishments to combat the coronavirus. There was also the matter of finding homes for the racing dogs.

We made the decision to stop early so that all the greyhounds could be adopted, Guzman said. Not all the dogs would have been adoptable at once.

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Paypal Developing Cryptocurrency Capabilities, Letter to European Commission Confirms | News – Bitcoin News

Posted: at 11:48 am

Paypal has confirmed that it has been developing cryptocurrency capabilities in a letter the company sent to the European Commission regarding the EU framework for cryptocurrency markets. Recently, Paypal and Venmo were rumored to soon allow users to buy and sell cryptocurrencies directly.

In a letter to the European Commission (EC), Paypal revealed its work on developing crypto capabilities. The letter was in response to the public consultation launched in December last year on building an EU framework for markets in crypto assets. According to Ledger Insights, Paypals letter was published in June, along with a number of other responses the Commission received.

The crypto-asset industry has experienced substantial growth over the past few years, Paypal told the EC. As such, Paypal is continuously monitoring and evaluating global developments in the crypto and blockchain/distributed ledger space.

In the letter, the company explained its involvement with the Libra project, proposed by social media giant Facebook. Noting that it signed a non-binding letter of intent to participate in the Libra Association, Paypal clarified:

Since the projects inception, Paypal has taken unilateral and tangible steps to further develop its capabilities in this [crypto asset] area.

The company proceeded to explain that after leaving the Libra project, it has continued to focus on advancing our existing mission and business priorities to democratize access to financial services.

In the letter, Paypal claims to have more than 300 million active accounts across the globe, with millions of new users being added every year. The company serves customers and businesses in 31 European jurisdictions and has a license to provide banking and payments services in Luxembourg.

Regarding the EU framework for crypto assets, Paypal told the EC that The regulatory framework should allow for innovative products and services to be brought to market without undue regulatory burden while simultaneously providing regulatory clarity, guidance, and safeguards.

Three key points were mentioned. Firstly, Paypal suggested the EUs crypto framework should have a clear set of definitions on various crypto activities to ensure that companies engaged in such activities are properly licensed and regulated. Secondly, the company called for a proper application of a risk-based approach, in line with the principles underpinning existing EU AML regulation and global standards, and lastly any regulatory framework in Europe should strive to be technology-neutral to support innovation and competition in this fast-evolving space, the company described. The Financial Action Task Force (FATF) also recommends a risk-based approach to regulating cryptocurrencies and related service providers.

Last month, Paypal and Venmo, a mobile payment service owned by Paypal, were rumored to soon offer direct crypto buying and selling. News.Bitcoin.com reached out to Paypal but the companys representative neither confirmed nor denied the rumor. Paypal, however, is not new to the crypto space. In 2018, the company filed a patent for an expedited cryptocurrency transaction system. Its CEO, Daniel Schulman, also said in November that he owned bitcoin.

What do you think about Paypal developing crypto capabilities? Let us know in the comments section below.

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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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Advt: 5 reasons why everyone is hooked to online poker! Have you joined the party yet? – Times of India

Posted: at 11:48 am

For a lot of us, the last few months have been quite monotonous as we mostly stayed at home and binge-watched shows to stay entertained. Our social interactions have also been limited and weve been terribly missing the fun Friday nights when we could catch up with our friends and have an amazing time. But guess what, a new form of socializing has taken over the internet and everyones excited. We are talking about online poker parties that have become a rage and are the favourite hangout spots during this time! And the most happening parties of the lot are being held on Adda52, one of Indias most popular multiplayer gaming apps. It is giving us all a chance to experience the thrill of playing poker with real people and winning real cash- right from the comfort of our home!If you havent joined the gang yet, you are certainly missing out on a lot of action. We list out five reasons how with Adda52 #SabAddepeMilenge and why you should give this skills-based game a shot and beat away the stay-at-home blues!Play with friends on private tables'; var randomNumber = Math.random(); var isIndia = (window.geoinfo && window.geoinfo.CountryCode === 'IN') && (window.location.href.indexOf('outsideindia') === -1 ); //console.log(isIndia && randomNumber Unlike most other online games, online poker is more personalized and is all about connecting with your friends and family for unlimited thrill and excitement. This is why Adda52 gives you the option to host a poker party by creating private poker tables and of course, win big! It also lets you choose between the most popular variants of this exciting game, which are Texas Holdem and Omaha. Setting up your own poker table and hosting a game at Adda52 is also fairly simple as it only requires you to sign up, open the Game Lobby, click on the Play Instantly button, select the Private Table tab and then create your personalized table. Each table carries a unique PIN number which you can share with your friends and invite them to play with you at your table. Now, doesnt this feel like actually being around with your buddies and having a fun time? Bonus point: You get to win some real cash too!Play for free

Another reason why online poker has widespread appeal is that it gives you an opportunity to join the poker room for free. If you havent played poker before, you might not want to risk it by paying a hefty subscription fee and free games offer you an opportunity to test things out and get a feel of the game. At Adda52s free tables, all that is at stake is play money and it is the best way to refine your game. The platform also rewards users with Rs. 500 as a sign-up bonus and it can be conveniently used to strategize the first moves. So, join the game and bid goodbye to the FOMO!

Win real money

As Indias largest online poker site that hosts all popular variants of poker around the clock, in a wide variety of formats, Adda52 gives you the opportunity to play according to your knowledge and skill set. It also lets you win real cash. To ensure that the game works out to your best interests, the platform allows first-timers to participate in freeroll games without investing any real money to earn the real-time experience of playing in the competitive environment of a poker table. After you become better you can choose to play cash games, where you automatically become a member of Adda52 Advantage - a one-of-a-kind loyalty program where you can get amazing exclusive benefits and rewards by unlocking each level.

Not many people know this but playing poker can actually amp up your thinking ability. Poker is a demanding game that tests your strategy, memory and attentiveness and can even assist you in better decision making. This means, while you are bonding with your friends and family at an Adda52 table, you are not just staying entertained but are also working on your mental skills. Whether you are an amateur or a professional, you can polish your poker playing skills at an online table by putting into use your cognitive skills. The game involves you to understand your opponents psychology, encourages you to make a planned move, teaches you to stay calm under pressure situations, and enhances concentration. And all this rewiring happens while you are having a great time with your friends and winning real cash! What more could you ask for?!The excitement and thrill of 24-hour live-action of online poker

Theres no denying that working from home has completely changed your schedule and there are times when you are completely bored because of the extra time at hand. This is where 24/7 online poker comes in to help you stay entertained at whatever time you fancy. Apart from the thrill and excitement of engaging in a live poker session with your friends and winning real money, online poker adds to the accessibility and convenience. So, book a private table and hold a party with your friends!

Sign up at Adda52 right away and get Rs 500 free to flag off your poker journey!

Disclaimer: The views expressed in this article are those of ADDA 52 and do not represent the views of TIL. The brand is solely responsible for the correctness, reliability of the content, and/or compliance of applicable laws. TIL disclaims all liabilities, claims, and warranties regarding the service, the code, and the data.

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News.Bitcoin.com Lead Writer Jamie Redman Named One of the Best Crypto Bloggers | Featured – Bitcoin News

Posted: at 11:48 am

Lead Writer at News.Bitcoin.com, Jamie Redman has made Redeeem.coms list of twelve influential go-to crypto bloggers. Redeeem says the list comprises names behind some of the most informative crypto news articles.

In its citation, Redeeem says Jamie Redman, who is also a crypto meme designer, is one to follow for crypto enthusiasts. Redeeem also lists some of Redmans best works to date.

A decentralized crypto fan, Redman has been in the crypto space since 2011 and has written over 3,300 articles since 2015 with just News.Bitcoin.com alone.

Redman believes the community should be focused on moving forward instead of squabbling endlessly.

Commenting on this recognition, Redman said:

Its an honor to be named by Redeem.com as one of the top twelve crypto bloggers among some of the writers I respect and read regularly. Blockchain and cryptocurrency solutions are hard to understand and its up to writers to break it down for people and make comprehension easier.

Redman adds that crypto writers have played an extremely important role when it comes to the adoption of crypto assets, as our words describe the myriad of benefits this technology has to offer.

Meanwhile, also making Redeeems 12 Best Crypto Bloggers list is Pete Rizzo, a former editor with Coindesk and Roger Huang, cryptocurrency writer with Forbes. Also, two female crypto bloggers, Portia Burton from the blog Blockchain Explainer, and Angeline Mbogo from the news outlets Bitcoin Africa, Afritechnews.

Crypto bloggers remain instrumental in pushing back against some misrepresentations and mistruths often peddled by ignorant but influential individuals.

Bloggers have also called out the mainstream media when it publishes misleading stories about bitcoin or the general crypto space.

The recent hacking of verified Twitter accounts and the associated donation scam gave fresh ammunition to cryptocurrency critics. Bloggers like Redman and many others have been on hand to set the record straight.

What do you think of Redmans recognition? Tell us what you think in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons, blog.redeeem.com, Mike Townsend

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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What is the difference between Bitcoin and Bitcoin Cash? – Decrypt

Posted: at 11:48 am

Just over ten years ago, Bitcoin (BTC), the world's first cryptocurrency, was invented and launched by the mysterious Satoshi Nakamoto.

Since then, Bitcoin has undergone several upgrades and been forked well over 100 times. Most of these efforts fell flat within months of launching, but Bitcoin Cash (BCH) has managed to buck the trend, becoming by far the most successful Bitcoin fork.

Though similar in many ways, there are several ideological and technical differences between Bitcoin and Bitcoin Cash which you'll want to be aware of. Here are the main ones:

From the early days of Bitcoin's existence, it quickly became apparent that the network isn't capable of handling enough transactions per second to make it a true competitor to centralized payment systems like Visa. This issue came to a head in 2017 when the number of transactions dramatically increased, causing Bitcoin's average transaction fee to climb to as high as $55 by the end of the year.

To address this scaling issue, a number of off-chain scaling solutions entered development, including the Lightning Network and various side-chain scaling options. But Bitcoin ABC (led by blockchain developer Amaury Schet) sought to keep scaling on-chain (that is without relying on offline processing or side-chains) initiated a fork of the Bitcoin protocol in August 2017. The fork occurred just after the launch of the Segregated Witness (SegWit) update, which slightly improved Bitcoin's scalability by reducing the size of transactions, allowing more to fit into a block.

This fork produced a new cryptocurrency known as Bitcoin Cash, which keeps the original Bitcoin codebase but without the SegWit upgrade, and with the maximum block size increased to 8MB.

Arguably the main technical difference between Bitcoin and Bitcoin Cash is the maximum block size allowed by each network.

For Bitcoin, the size of each block is limited to roughly 1MB, but there have been examples of blocks successfully mined that are larger than this due to the benefits of the aforementioned SegWit upgrade. Bitcoin Cash, on the other hand, has a maximum block size of 32MB (increased from 8MB in May 2018). This change significantly increased the number of transactions that can be included in each block and the overall speed of the Bitcoin Cash network.

Bitcoin Cash keeps the 10-minute average block discovery time first implemented by Bitcoin. This means that transactions are confirmed approximately equally quickly between the two chains, but because more transactions can be squeezed into each Bitcoin Cash block, the overall throughput of the Bitcoin Cash network is around 100 transactions per second (tps)compared to just 7 tps for Bitcoin (14 tps with SegWit).

Since Bitcoin Cash has larger blocks, but far fewer actual transactions compared to Bitcoin, it also benefits from lower fees. Currently, the average Bitcoin Cash transaction fee is around 0.5 cents, versus $2.07 for Bitcoin.

Besides an increased maximum block size and lack of SegWit support, Bitcoin Cash differs from Bitcoin in a variety of other ways. For one, it has several additional commands/functions enabled, known as opcodes. Back in 2018, several opcodes that are disabled in Bitcoin were re-enabled on the Bitcoin Cash chain, while some entirely new ones were also added. This difference gives Bitcoin Cash enhanced smart contract functionality over Bitcoin.

Bitcoin Cash can also be considered more centralized than Bitcoin. Right now, a single pool controls more than a quarter of the Bitcoin Cash hash rate, whereas the top three pools combined make up over 55% of the hash rate. Comparatively, the largest Bitcoin pool controls around 17.7% of the hash rate, whereas the top three contribute under 47%.

Overall, Bitcoin and Bitcoin Cash are similar in ambition and purpose, but Bitcoin has been far more successful in garnering adoptiondespite the arguable technical improvements offered by Bitcoin Cash.

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Michael Caselli impressed by innovation of Bitcoin SV platform – CalvinAyre.com

Posted: at 11:48 am

Bitcoin was always designed to be a perfect match for the gambling industry, with its ability to conduct cost efficient and fast payments, while also providing an immutable audit trail that regulators love, and data networking opportunities for enterprising developers. CG London was a great exhibition of this, and it brought out non-executive chairman ofClarion Events Michael Caselli, who reflected on gamblings history with Bitcoin.

Our very own Rebecca Liggero Fontana bumped into Caselli at the event and asked what brought him out. Its right down the road, its the ideal location for me, he said. Gaming industrys here, its a huge global hub and I thought I better come down because I know a lot of other guys from the industry wanted to come down, and are coming down. And whats interesting, anything blockchain is exciting, theres got to be an application that were looking for now. A lot of companies are innovating and trying to find their applications for anything blockchain, and Bitcoin SV is just a really great platform with good throughput, good transaction volumes, the ability to do quite a lot of stuff on the application layers that you cant do on some of the coins, and it just makes a lot of sense that the gaming industry is coming down and Im here to support.

Bitcoin SV, having finally unleashed the power of unlimited scaling on the blockchain, was impressing plenty of visitors at the conference, and Liggero Fontana asked what potential Caselli saw in it. Decentralized solutions are good for a number of different things like exchanges, he said. Trust is an issue, so where theres ever a trust issue for any application, then theres a good solution for that. Trust issues may exist in countries which are yet to regulate, which dont have a regulator thats overseeing whats going on, and then players could really self-regulate whats happening by using an immutable blockchain.

But while Bitcoin SV has only recently started unleashing the true potential of blockchain technology, the concept itself has been around a number of years, and Caselli reflected on how the gambling industry has approached it. We were at fever pitch maybe six, seven years ago whenever things started to kick off, when Bitcoin got to its, you know, $100 value and then climbed to a thousand dollars, he said. And that was exciting and everyones looking at, saying Where does this work, where does this work? And I think there was a lot of adaptation at that time to kind of move the systems over on the payment side of things. And then when smart contracts came out, there was a whole bunch of people launching tokens and launching projects so they can go and they could fund themselves, create some applications in gaming.

Caselli still feels that excitement, and with the ability to store both value and data, he sees big things coming. With the ability to create applications, who knows where were going to go in the future.

Weve interviewed Caselli recently about how the pandemic has affected the gambling industry. You can catch that chat, and all of our future videos, by subscribing to our CalvinAyre.com YouTube channel.

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Finally: Diamond and Silk are releasing a book – The Spectator USA

Posted: at 11:47 am

Whenever Cockburn has watched Diamond and Silk, whether theyre getting a heroes welcome at CPAC or sassing a left-wing celebrity in one of their viral videos, the same thought has always crossed his mind: when will this dynamic duo claim their rightful mantle in the literary pantheon? When can he sit down and peruse 256 pages of their incisive political commentary, as they follow in the footsteps of William F. Buckley Jr. and Ayn Rand and advance American conservative thought?

Mercifully, the wait is over.

The African American Trump-loving duo, real names Lynnette Hardaway and Rochelle Richardson, who sailed to notoriety throughout the 2016 campaign, release their debut book Uprising: Who the Hell Said You Cant Ditch and Switch? The Awakening of Diamond and Silk on August 18.

The description for the book reads:

Coming on the threshold of what promises to be the most acrimonious presidential election in American history, Diamond and Silks book will be a rallying cry for tens of millions of Americans who are tired of being told what to think and whom to vote for. Diamond and Silks story is one of overcoming poverty and shame and choosing victory over victimhood. Theirs is a story that defies the lefts narrative and that the mainstream media refuses to acknowledge, accept, and respect.

A press release from Regnery, which Cockburn has elected to publish in full below, offers further insight:

Uprising: Who the Hell Says You Cant Ditch and Switch The Awakening of Diamond and Silk depicts the against-all-odds rise of two virtually invisible black sisters from North Carolina sharecropping roots to become the spark and emblem of one of the greatest political revolutions in American history. Epochal and cinematic, intensely personal and revealing, Uprising is a clarion call for Americans of every star, stripe and heart. It reveals the never before told story of the resilient Hardaway family (we knew all we had was each other), their army veteran patriarch and pious mother, the sisters turbulent coming of age and struggle for economic security, their unlikely political awakening and unplanned journey into the world of bare knuckles politics and dirty media. Given over in the same gospel duet for which theyre famous, Diamond and Silks memoir is a Frank Capra-esque little guy against the bosses Cinderella story for the ages, with a starring role for the American working class.

At this fateful moment in history, when the political party of the protected is using violence and censorship to maintain its grip on the culture and keep people of color on the Democrat plantation, the story of authentic black women factory laborers who lost faith in the shibboleths of their corrupt Democrat bosses cries out to be told, including:

Diamond and Silks love for a revolutionary president, their biblical beliefs, authenticity and dominance of the 21st century alleyways of political dissent make them as dangerous to the establishment as Dick Gregory and Lenny Bruce were a few generations ago. Carried to the ramparts by the People, Lynette [sic] Hardaway and Rochelle Richardson have risen to become two of the most powerful women in America. And so once again, the establishment is using opprobrium, censorship and death threats to silence dissent. The arrogance and violence of the Harvard & Hamptons crowd has made Diamond and Silk all the more determined to give witness to the truth. The permanent elite will do anything to stop Uprising but there are too many of us now.

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Diamond and Silk built a following thanks to their unfiltered, saucy approach to politics. This also proved their source of hamartia: the pairhave been sadly absent from Fox News in recent months, after suggesting COVID-19 was a plandemic, speculating that deep state snakes were using 5G to disperse the virus in certain locations and declaring that theyd refuse to take any vaccine involving Bill Gates.

As Cockburn has previously mentioned, Trumps acolytes will often earn a book plug on the Presidents Twitter feed. Perhaps the same treatment would help see Diamond and Silk back onto the road to the intellectual immortality for which theyve long seemed destined.

The rest is here:

Finally: Diamond and Silk are releasing a book - The Spectator USA

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