Posts

Showing posts from November, 2017

Coingather Exchange Has Been Offline for Days and No One Knows Why

Image
Coingather, a tiny cryptocurrency exchange, has disappeared from the web, alarming customers who fear their funds are gone. The Coingather.com domain has been offline since Wednesday November 22, and with no word on Twitter from customer support, there are fears the site's operators have pulled an exit scam. What's the Matter With Coingather? Coingather Exchange Has Been Offline for Days and No One Knows WhyFew cryptocurrency traders will have heard of Coingather; it's an obscure exchange even by the standard of obscure exchanges. It's not so small as to be able to disappear from the web unnoticed however, and the site's disgruntled users have wasted no time in voicing their concerns. Coingather might be one of the world's smallest exchanges, but it's nevertheless listed on Coinmarketcap complete with 92 trading pairs that are matched with BTC, LTC, DOGE, and HTML5. The site's admin, who goes by the name of Rapta on the Bitcointalk forum, has been offlin...

The intelligent investors guide to Particl (PART): Part 1 - What is Particl and what is the purpose of the PART token?

Image
Particl is a PoS chain using the native PART token. The purpose of a dedicated chain is for the privacy centric and optional anonymity aspects of it. The PART token can either be transferred as a public token or as a private token via use of CT and RingCT to obscure sender and amount. The PART token also confers voting rights proportional to stake of network owned for the onchain governance and voting mechanisms. There is also a MAD escrow service they are building in; a trustless escrow system which requires no third party. Using only the native PART token simplifies this mechanic.   It is for these reasons and the simple economics of incentivisation that all currencies fed into particl will be converted to native PART token via integrated shapeshift function prior to use on the particl network. Particl is a modular framework and yes smart contracts mechanisms are involved  on the bitcoin core codebase it uses. Their use of ringCT and focus on truly trustless privacy and anonymity is ...

Bitcoin Cash Price Rally Continues as Value Soars Past $1,250

Image
It would appear the Bitcoin Cash price rally is still in full effect as we speak. More specifically, we have seen a Bitcoin Cash price increase for two days in a  row now, which is pretty interesting, to say the least. Whether or not this will be another temporary trend or a sign of things to come in the future, remains to be seen, though. For now, the momentum clearly favors BCH, but that trend may change any given moment these days. It is pretty impressive to see how the Bitcoin Cash price has evolved over the past two weeks. Although the initial spike to $2,500 and beyond has been considered to be a pump-and-dump, the value of BCH has not collapsed entirely just yet. In fact, the Bitcoin Cash price has successfully remained above $1,000 for quite some time now, despite the price dip to $885 not too long ago. This seems to indicate the BCH value will remain around this level for quite some to come, although nothing has been set in stone. The past 24 hours have been pretty solid for...

Bitcoin Cash Network Completes a Successful Hard Fork

Image
At approximately 4 pm EDT at block height 504031, the Bitcoin Cash (BCH) network successfully hard forked. The fork is a change to the decentralized currency's consensus rules and aims to upgrade the network's Difficulty Adjustment Algorithm (DAA). The Bitcoin Cash Network Has Successfully Hard Forked Bitcoin Cash Network Completes a Successful Hard ForkNovember 13 is a memorable day for bitcoin cash supporters, as the network is forking in order to fix the BCH blockchain's DAA. The primary development teams who have been working on the bitcoin cash protocol consensus change include Bitcoin ABC, Unlimited, Nchain, and XT developers. The original DAA applied to the BCH network allowed the currency to thrive but also produced wild hashrate fluctuations. After several DAA proposals were researched and tested by the above-mentioned development teams, the community chose to implement a DAA proposal from Bitcoin ABC's lead developer Amaury Sechet. Bitcoin Cash Network Complet...

Bitcoin.org Owner Wants to Revise Satoshi’s White Paper

Image
Following the Segwit2x working group's announcement to cancel the hard fork scheduled for next week, many shocked bitcoin proponents revealed their opinions on the web. Additionally, one of the administrators of Bitcoin.org, Theymos, wants the web portal's recommended businesses such as wallet services and exchanges to pledge that "Bitcoin is not ruled by miners" or otherwise be removed from the site's link page. Bitcoin.org Wants Cryptocurrency Businesses to Make a Pledge or Take a "Bitcoin Basics" Course Bitcoin.org Owner Wants to Revise Satoshi's White PaperThe Segwit2x hard fork has been canceled, but the drama is still not over. On November 8, the same day the Segwit2x working group made their announcement, Theymos, one of the administrators of Bitcoin.org declared a desire for bitcoin businesses to make a pledge. Theymos details that during the Segwit2x waiting period several companies declared that miners control bitcoin, and the Bitcoin.org a...

Bitclave - Decentralized Platform

Image
If you are using Bitclave your search data is recorded by  centralized  search engines, Your IP address is logged, and tracking cookies are used to create a digital profile of yourself so they can target you with the ads. Bitclave is a decentralized search engine built on the ethereum blockchain, Who wants to decentralize the search engine.  Bitclave will permit traders and shoppers to without problems go together with each and every different to transparent up particular person inquiries for particular person select up. Data will probably be accumulated from other functions of underwriting: objective of procurement, opening of mobile phone, purchase et cetera. Probably the most time knowledge can be used for exam functions. Classification will probably be a necessity. All issues regarded as, promoter motion will probably be suspended. All issues regarded as, purchasers, weeding out a selected merchandise or management, could have the capability to get a prize to the detriment of a dec...

Blockchain: ‘Segwit2x Is a Capacity Upgrade’

Image
One of the largest bitcoin wallet providers in the world, Blockchain, has announced its plans for the upcoming Segwit2x fork. After block 494784 takes place on the network, the firm has decided it will follow the chain with the most accumulated difficulty. London Startup Blockchain Announces Service Plans for Segwit2xBlockchain is one of the oldest bitcoin wallet providers in the industry, servicing over 18 million issued wallets. This week the company has revealed its contingency plans for the Segwit2x block size increase. According to the wallet provider, Segwit2x is "essentially a software upgrade that will bring improved capacity to the Bitcoin protocol." Blockchain says the team is working 24-7 to make sure users' funds will be protected and safe throughout the fork. In order to ensure safety, the wallet service says specific features will be inoperable for a period of time.        "To keep your funds safe while the network is in transition, we will temporaril...