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Cardano [ADA] climbs past a falling Bitcoin SV [BSV] to take the eleventh spot

The present-day volatility of the market is an opportunity for coins such as Cardano [ADA] that are looking to make a comeback. Cardano has now overtaken Satoshi’s Vision, Bitcoin SV [BSV] on the global coin ladder, following the latter’s decline. At press time, the nChain spearheaded project, Bitcoin SV had declined by 2.92 percent compared to Cardano’s 1.37 percent, a differential that has contributed to Cardano’s new position. The two were overtaken by Binance Coin earlier this month which is riding a massive bullish wave. Cardano has amassed a $19 million market cap lead over Bitcoin SV. Cardano is currently trading at $0.0457, which is a peg down from its 24-hour high of $0.0480. Previously, the coin was trading fairly consistently just above the $0.04 margin. This is the first time Cardano’s price has passed the $0.046 mark since the beginning of January, when the coin’s volatility had spiked to $0.054, before falling to $0.043. In terms of market cap, the recent rise saw the coin join the ‘Billion-Dollar Club’ earlier this week, and as the rise persisted, the coin posted its highest market cap for over a month. At the beginning of this past weekend, the coin’s market cap stood at $939.71 billion and rose by a whopping 32.22 percent to reach a high of $1.24 billion on 19 February. Since a market correction that followed, the coin’s market cap has fallen to $1.18 billion. Source: Trading View Bitcoin SV, on the other hand, is focusing less on the market and more on verbal brawls between feuding camps, with proponents of the coin lambasting those who support Bitcoin [BTC]. Recently, a pro-BSV editorial came out against Bitcoin Core developer Jimmy Song, following the latter’s criticism of Craig Wright, Calvin Ayre and what he sees is the lack of development in the BSV camp. All this may have affected its market position and the coin has been pegged down by two spots in the past few weeks. First, the coin was kicked out of the top 10 following a remarkable rise by Binance Coin, which has cemented its tenth position on the global coin charts. More recently, following Cardano’s rise, BSV was pushed even lower to the twelfth spot. However, its market cap remains above $1 billion. On 18 February, the coin was under $1.1 billion and rose up with the collective market to $1.24 billion. After the coin reached the mark, however, a market correction pushed down the coin’s market cap to $1.15 billion while other coins managed to hold their own. Cardano’s resilience compared to BSV’s rapid rise and fall saw the former take Satoshi’s Vision by surprise. Source: Trading View The post Cardano [ADA] climbs past a falling Bitcoin SV [BSV] to take the eleventh spot appeared first on AMBCrypto.
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Blockstream Releases Test Code for One of the Biggest Bitcoin Upgrades

CoinSpeaker Blockstream Releases Test Code for One of the Biggest Bitcoin Upgrades On Monday, February 18, blockchain tech firm Blockstream announced the release of new test code. Based on the Schnorr-based multi-signature scheme MuSig, this is supposedly one of the biggest upgrades for the Bitcoin blockchain network. Last year in May 2018, Blockstream’s Bitcoin developers released a paper showing the Schnorr multi-signature (MuSig) technology. Basically, this technology aims to make the Bitcoin network scalable. Also, the paper notes that MuSig holds the capability to reduce transaction size and “improve both performance and user privacy in Bitcoin”. Furthermore, the paper also notes that MuSig is designed as “a protocol that allows a group of signers to produce a short, joint signature on a common message”. The “MuSig” technology by Blockstream adds a cryptographic library. Thus, it allows developers to find possible bugs while tinkering with the Schnorr signature scheme. Turning MuSig Into a Usable Code Today’s announcement mentions that the Blockstream team is now pushing MuSig concept in a usable code. In the official announcement, Blockstream mathematician Andrew Poelstra wrote: “We’ve been turning MuSig from an academic paper into usable code, and this week we merged that code into secp256k1-zkp, a fork of secp256k1, the high-assurance cryptographic library used by Bitcoin Core.” In the announcement, the developers also explain the reason to create MuSig. They refer to MuSig as a “misuse-resistant API without sharp corners, and which doesn’t encourage dangerous usage patterns even in constrained environments”. MuSig technology also talks about developing security in the public key model by enhancing verification efficiency. Most of the Bitcoin developers have lauded this development calling it as a positive upgrade. Some developers are further thinking of new technologies that can be built on the top of MuSig. They are thinking of using MuSig to anonymize transactions on the Lightning network. “As the bitcoin community is exploring the use of Schnorr signatures in bitcoin we hope that our code will eventually be merged into the upstream library secp256k1 used by bitcoin core and many other projects,” Poelstra added. In December 2018, Blockstream added the support for lightning network transactions while allowing users to pay for its services. Blockstream also expanded its operations to the Asia-Pacific region besides already having operations in the North and South America, Europe, and Africa. Chris Cook, head of the Blockstream Satellite project, said: “While satellite communications have traditionally been cost-prohibitive, Blockstream Satellite will finally allow developers to adopt satellite communications in their applications.” Blockstream Releases Test Code for One of the Biggest Bitcoin Upgrades
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BTC.Top’s Jiang Zhuo’er Reiterates Bitcoin Supply Increase, a Stunt or a Real Question Ahead?

Jiang Zhuo’er, founder of world’s leading cryptocurrency mining pool BTC.Top, as well as a KOI in the Chinese crypto space, reiterated that Bitcoin’s rigidly set 21 million cap could be raised by Core in the future, despite too many backlash against him from bitcoiners. “On the issue of bitcoin supply cap increase, (let’s see) how many people will get slapped in the face in the future. If you’re angry or even scared that bitcoin cap might be raised by Core, you’ll thank me for what I’ve done.” Of late, the hypothetical discussion of bitcoin supply cap increase has sparked heated debate in the crypto space. The topic started with Matt Luongo’s offhand remark in response to a discussion about the anticipated adoption of the Lightning Network. For most bitcoiners, this heedless remark from an Ethereum contributor is sacrilegious. While Jiang took it seriously and claimed that Bitcoin Core’s next goal is to raise bitcoin supply cap and to halt bitcoin halvening, which soon lead to a backlash from bitcoiners in the Chinese community, and Matt himself also stood up to correct him. Can anyone in the Chinese BTC community slide in there and correct him? Both on the big issue as well as the minor character assassination – I especially love the part where folks think I'm claiming to be a BTC core dev 🤓 https://t.co/Ny6k8S9hXM — Matt Luongo (@mhluongo) February 11, 2019 Matt clarified that he’s taking the discussion out of context and pretending that it’s a widely held belief of BTC core devs, “It isn’t. No one is seriously proposing raising the supply limit. I was only speculatively discussing how the fee market might develop in the future relative to subsidies”. Even Bitcoin core maintainer Wladimir van der Laan feels angry about it, condemning it bullshit. This is bullshit. It's sad that this needs to be said but no one in their right mind proposes changing bitcoin's monetary policy.And if the software claiming to be 'bitcoin core' ever proposes this, I'd recommend you run software without this change as it's been compromised. — 74810b012346c9a6 (@orionwl) February 11, 2019 The truth of the matter seems to come to clear that bitcoin supply cap increase is simply a man-made stunt, considering that Jiang is a strong BCH proponent. While Jiang argued that he has known Core’s plan of increasing bitcoin supply long ago, but “just found they have started to test the water”. After a weeklong discussion when the community calmed down, Jiang reposted a bitcoiner’s analysis about this issue, which again triggered hot discussion. Citing Peter Todd’s saying when asked about whether there would be consensus for BTC monetary supply inflation – “If bitcoin mining is failing because of low fees, sure. Won’t happen for 10+ years, but maybe at some point in the future”, the article proves that Core developers have mentioned about compensating miners by changing bitcoin supply in the future after several reward halvenings, and hints that Peter is probably not the only one bearing this idea. If bitcoin mining is failing because of low fees, sure. Won't happen for 10+ years, but maybe at some point in the future. — Peter Todd (@peterktodd) February 4, 2019 “So, will the issue be solved if fees are high enough?” The article then negates it, saying if high fees are promised and it even catches up with the block reward, it would pose a great threat. Quoting a 2016 research paper by Arvind Narayanan, “A miner has numerous options to consider when mining, but let’s focus on just two possibilities. She could extend the longest chain (Option One), obtaining a reward of 5 and leaving a reward of 0 for the next miner (at least until more transactions arrive). Alternatively, she could fork it (Option Two), obtaining reward of 55 while leaving a reward of 50 Bitcoin unclaimed. The Bitcoin protocol dictates Option One, but a quick reasoning suggests that Option Two is better.” “The randomness of the block arrival time, as well as selfish mining would in effect make the situation worse.” “So the issue shall not be deemed simple as a “rumor/stunt.” writes the analysis. A hypothetical remark triggers the discussion of troubles bitcoin is facing. Such a change, if seriously proposed, would do cause quite a rift in the community. A comment read that “why to argue for a thing that might occur 10 years later”. Maybe, future generations of bitcoiners may be more receptive to raising the cap, or they’ll have better solutions.
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Everything You Should Know About Bitcoin Address Formats

A wallet address, comprising a string of 26-35 alphanumeric characters, is all it takes to send and receive bitcoin. Any bitcoin address can be used to transfer cryptocurrency to any other address on the network, provided the sender’s wallet software supports that address type. With multiple address formats to choose from, and wallet providers and exchanges only supporting certain address types, it pays to familiarize yourself with the differences. Also read: Bitcoin Cash-Focused Ifwallet Implements Cash Accounts Name System Address Formats Are the Internet Protocol of Bitcoin Just as there are multiple versions of the Internet Protocol, such as IPv4 and IPv6, there are multiple bitcoin address formats. Most of the time, these don’t come into conflict with one another, with transactions zipping seamlessly across the network between custodial and non-custodial wallets. There are three Bitcoin Core address formats to choose from, P2PKH, P2SH, and bech32, with only a handful of service providers supporting all of them. There’s a good chance your preferred wallet or exchange doesn’t support at least one of these formats, with bech32 the likeliest to be omitted. Learning the pros, cons and quirks of each address format will enable you to choose a compatible bitcoin wallet, exchange or platform. It will also furnish you with a deeper knowledge of Bitcoin’s inner workings, and reveal the trade-offs that come with each format in terms of security, flexibility and functionality. P2PKH or Legacy Address Format If your bitcoin address starts with a 1, you’re using a P2PKH or legacy address, for example 1BvBMSEYstWetqTFn5Au4m4GFg7xJaNVN2. This was Bitcoin’s original address format and it still works faithfully to this day. P2PKH, incidentally, stands for Pay-to-Pubkey Hash i.e pay to a hash of the recipient’s public key. Legacy addresses are not segwit compatible, but you can still send BTC from a P2PKH address to a segwit address without any problems. The average fee when sending from a P2PKH address is likely to be higher than when sending from a segwit address, however, because legacy address transactions are larger in size. P2SH Address Format P2SH addresses are structured similarly to P2PKH, but start with a 3 instead of a 1, for example 3J98t1WpEZ73CNmQviecrnyiWrnqRhWNLy. P2SH, which stands for pay to script hash, enables more elaborate functionality than legacy addresses. The P2SH script function is most commonly used for multisig addresses which can specify, for example, that multiple digital signatures are required to authorize the transaction. This address format is also used to enable non-native segwit transactions using a process known as P2WPKH-in-P2SH. The average person sending and receiving coins doesn’t need to concern themselves with the more complex functionality that the P2SH format can bestow: all that matters is that this address type is widely supported and can be used to send funds to both P2PKH and bech32 addresses. Bech32 Address Format Bech32 addresses look distinctly different from the P2-style addresses. Each one starts with “bc1” and is longer than a legacy or P2SH address on account of this prefix. Bech32 is the native segwit address format, and is supported by the majority of software and hardware wallets, but a minority of exchanges. Ledger and Keepkey wallets currently don’t support bech32, for instance, and while most exchanges enable sending funds to bech32 addresses, they don’t enable users to receive them with this format. At present, less than 1 percent of BTC is stored in bech32 addresses, although this number is increasing slowly. Bech32 adoption Bitcoin Cash Address Formats Bitcoin Cash addresses can follow either the legacy format (which starts with a 1) or more commonly the Cash Address (Cash Addr) format. It’s based on bech32 and starts with ‘q’ or ‘bitcoincash:q’. BCH wallets can support both formats, with tools enabling users to switch between Cash Addr and legacy formats. The primary reason for using the Cash Addr format is to distinguish BCH from BTC and thereby prevent funds being sent to the wrong address. Which BTC and BCH address formats do you most commonly use? Let us know in the comments section below. Images courtesy of Shutterstock and P2sh.info. Need to calculate your bitcoin holdings? Check our tools section. The post Everything You Should Know About Bitcoin Address Formats appeared first on Bitcoin News.
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After Bitcoin Developer Suggests Dropping Block Size To 300kb, Roger Ver Threatens To Sell His BTC

After Bitcoin Developer Suggests Dropping Block Size To 300KB, Roger Ver Threatens To Sell His Bitcoins If The Plans Go Through As the discussion on the halving of Bitcoin mining rewards goes on, the debate surrounding the block size of the popular token is becoming divisive. As this change has been suggested over time, it has even resulted in major hard forks, like Bitcoin Cash and Bitcoin SV. A developer for Bitcoin Core, Luke Dashjr, is responsible for bringing forth the idea of bringing down the Bitcoin (BTC) block size to 300KB. However, this idea has not been well received by the community, and there have even been major influencers in the industry to strongly fight back. Dashjr said, “There is never any guarantee. We need to reduce the block size just to have a *realistic hope* of it remaining feasible and *becoming practical again*. The blockchain is *already* bigger than most people are willing to tolerate, and the situation is getting worse and worse.” Roger Ver, the CEO of Bitcoin.com and a major supporter of BCH, spoke during a recent video, voicing his opinion on the potential for a smaller block size. He was clearly against it, and he even said that he would dump the Bitcoins he presently has if this proposal becomes real. The video continues, as Ver says, “I really really hope that Luke Jr. and all these other guys lower the BTC block size to 300 kilobytes if they do, I will sell even more of my BTC. A lot more. Maybe, I would even sell all of it at that point. Absolute Insanity.” A developer for Bitcoin Cash, Gabriel Cardona, was also in the YouTube video, and agreed with Ver’s opposition to Dashjr’s plan. However, he took a different road, adding that the change in the block size would have a negative effect on the experience of the user. Cardona added, “The crazy mistake of shrinking the blocks, the mistake of, depending on the lighting network as a scaling solution, is that it’s just a poor user experience and there are solutions that are superior. And that’s just a fundamental misunderstanding on a deep level.” That does not mean that everyone is against reducing the block size. John Carvalho, who is known as Bitcoin Error Log, tweeted that the reduction would make sense for the Lightning Network. He even said he would run the soft fork. In his tweet, he said, “I agree with @LukeDashjr that the block size should be smaller. I feel more confident to say it now that we have LN making strides. I’ll run the soft fork.” Not long after, co-owner of Bitcoin.org and Bitcointalk.org, Cobra, said that he was against the shrinkage, adding that soft forks like this one are “contentious.” Responding to Carvalho, he tweeted, “Stop this madness! Last thing Bitcoin needs is yet more contentious forks in this key year for adoption! A soft fork to “reduce the block size” is a hard fork in all but name. This will split off from the established consensus, cause massive drama, and damage trust in Bitcoin.” Bitcoin (BTC), Ethereum (ETH), XRP (Ripple), and BCH Price Analysis Watch (Feb 18th)
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Bitcoin Cash [BCH]: Roger Ver promises to sell his Bitcoins if the block size drops to 300KB

The debate around the block size of Bitcoin has long been a contentious topic for the Bitcoin community and has even led to divisive hardforks, with Bitcoin Cash [BCH] and Bitcoin [SV] being prominent examples. Luke Dashjr, a Bitcoin Core Developer who recently fronted the idea of a decrease in Bitcoin [BTC] block size to 300KB, has sparked a heated debate in the community, leading to several influencers vehemently voicing their opinion. He tweeted, “There is never any guarantee. We need to reduce the block size just to have a *realistic hope* of it remaining feasible and *becoming practical again*. The blockchain is *already* bigger than most people are willing to tolerate, and the situation is getting worse and worse.” Bitcoin Jesus, Roger Ver, CEO of Bitcoin.com and major BCH proponent recently stated his opposition to Dashjr’s proposal on the latest episode of Bitcoin.com on YouTube. Ver was noticeably opposed to Dashjr’s 300 KB idea and even stated that he would go as far as dumping his held Bitcoins if this proposal was implemented. In the video, Roger Ver went on to say, “I really really hope that Luke Jr. and all these other guys lower the BTC block size to 300 kilobytes if they do I will sell even more of my BTC. A lot more. Maybe, I would even sell all of it at that point. Absolute Insanity.” Gabriel Cardona, a Bitcoin Cash developer and the man behind Badger Wallet and Bitbox, also featured in the aforementioned video and opposed Dashjr’s idea. Cardona’s argument against the reduction of the block size was that it would have a detrimental effect on user experience. In his own words, “The crazy mistake of shrinking the blocks, the mistake of, depending on the lighting network as a scaling solution, is that it’s just a poor user experience and there are solutions that are superior. And that’s just a fundamental misunderstanding on a deep level.” On the other side, a firm advocate of the shrinkage solution is John Carvalho, better known in the cryptocurrency community as Bitcoin Error Log. Via a tweet, he said that the shrinkage would make sense because of the Lightning Network, and added that he will run the soft fork. His tweet read, “I agree with @LukeDashjr that the block size should be smaller. I feel more confidence to say it now that we have LN making strides. I’ll run the soft fork. However, Cobra, the co-owner of Bitcoin.org and Bitcointalk.org also came out in vehement opposition to the idea of shrinkage, calling such soft forks ‘contentious.’ In response to the above tweet by Bitcoin Error Log, Cobra tweeted, “Stop this madness! Last thing Bitcoin needs is yet more contentious forks in this key year for adoption! A soft fork to “reduce the block size” is a hard fork in all but name. This will split off from the established consensus, cause massive drama, and damage trust in Bitcoin.” The post Bitcoin Cash [BCH]: Roger Ver promises to sell his Bitcoins if the block size drops to 300KB appeared first on AMBCrypto.
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Billionaire Elon Musk Lauds Bitcoin As “Quite Brilliant,” Why Isn’t Tesla Going Crypto?

While Elon Musk has yet to formally delve into the Bitcoin space, he has long been a fabled member of the crypto community. Since finding his way to the headlines of the world’s media, the Tesla chief executive’s pro-innovation mindset has struck a chord with many enamored with cryptocurrencies. In fact, some say that Musk’s unsaid raison d’etre of bettering society at large, especially by amending the world’s most harrowing issues (climate change, confinement on Earth, financial inequality), lines up with the goals held by many cryptocurrency insiders. Thus, some have even argued that Musk could be Satoshi Nakamoto. Sahil Gupta, a former intern at Musk’s second multi-billion dollar enterprise SpaceX, once infamously claimed that Musk’s brief mentionings of cryptography, economics, the C++ computing language, along with the entrepreneur overarching vision scream Satoshi. The South African-Canadian entrepreneur has done his best to keep his mouth zipped regarding his candidacy for the Satoshi title, but that hasn’t stopped him from talking about cryptocurrencies. We had @elonmusk on the latest episode of @ARKInvest's podcast! He had a few things to say about Bitcoin. "Paper money is going away and cryptocurrency is a far better way to transfer value than pieces of paper." – Elon Muskhttps://t.co/U5qOnM7nBo — Yassine Elmandjra (@yassineARK) February 19, 2019 Bitcoin Is “Quite Brilliant” While the crypto market has remained in a depressed state, save for Monday’s jaw-dropping rally, stars have begun to descend on this industry. Weeks ago, NewsBTC reported that a mass of celebrities, including the Spice Girl’s Mel B, Johnny Depp, Madonna, and Lionel Messi, had some involvement in cryptocurrency. More recently, Jack Dorsey of both Twitter and Square took to Joe Rogan to claim that the native currency of the Internet is likely to be Bitcoin. Related Reading: Twitter CEO Loves Lightning on Bitcoin: is it the Future of Fast, Instant Payments? And just on Tuesday, Elon Musk, the most well-known Silicon Valley guru, took to the New York-based ARK Invest’s “FYI” Podcast to touch on Tesla’s plans, autonomy, other innovations, such as crypto. Per The Block, who compiled his comments regarding cryptocurrencies, Musk made his comments with explicitly bullish tones. After discussing Tesla’s most recent advancements, the hosts of the podcast, the CEO and an analyst at ARK, a disruptive innovation-centric investment group, took a brief aside. They asked Musk if he agrees with Dorsey’s recent comments on Bitcoin and cryptocurrencies at large. Interestingly, Musk responded with an answer, albeit somewhat cursory. He tacitly agreed, noting that the “Bitcoin structure was (is) quite brilliant,” adding that Ethereum and “maybe some of the others” have merit too. Musk did admit that he isn’t too enamored with Bitcoin’s Proof of Work (PoW) consensus mechanism, noting that it is energy intensive. Yet, he explained that fundamentally, crypto assets are great as they bypass currency controls, especially in nations embroiled in financial and political turmoil, like Venezuela. He added that cryptocurrencies are also a “far better way to transfer value than pieces of paper,” subsequently quipping that he’s sure of this “without a doubt.” In spite of all this, he made it clear that Tesla isn’t going to foray into the crypto space in any capacity, noting that it would be a good use of his firm’s resources to prop up an offering. Musk’s abrash comments quickly elicited responses from each and every corner of the crypto space. Matt Odell, a long-time pro-Bitcoin coder and industry personality, joked that the comments “confirmed” his bias that cryptocurrencies could oust banknotes. Changpeng “CZ” Zhao of Binance noted that eventually, “[Musk] will join the brotherhood,” adding that he is unequivocally sure that the businessman will take up a crypto mantle. CZ notably called on the Tesla founder to take up the Lightning Network Trust Chain torch last week, just days after Twitter’s Dorsey openly lauded Bitcoin in dozens of tweets. Crypto Is Better Than Banknotes? While Musk made notable acknowledgments in his brief appearance on ARK’s “FYI,” what stood out to many crypto investors was his thoughts on the dichotomy between banknotes & physical cash, and crypto assets, not centralized e-money. For a brief recap, Musk simply stated that he is unequivocally sure that crypto, whether it be Bitcoin, Ethereum, or otherwise, is a “far better” medium of exchange than pieces of paper. Shocking, right? This may be deemed hearsay by pundits of the legacy world, but the world is already adopting digital mediums of exchange. Per previous reports from this outlet, Arthur Hayes of BitMEX took to his company blog to claim that platforms like WeChat Pay and AliPay have already begun to take over China’s financial system. Who’s to say that cryptocurrencies, a decentralized counterpart to these systems that tout their own currencies, cannot have a similar impact on society at large. The fact of the matter is that these digital payments systems, whether decentralized or centralized, offer benefits that cash/plastic cannot. Case in point, payments on both Bitcoin and WeChat Pay are cheap, rapid, and relatively secure. But arguably, decentralized payment ecosystems, which are non-sovereign, private, immutable, and non-censorable, are even better than their centralized peers, which is likely what Musk was touching on. Featured Image from Shutterstock Billionaire Elon Musk Lauds Bitcoin As “Quite Brilliant,” Why Isn’t Tesla Going Crypto? was last modified: February 20th, 2019 by Nick ChongThe post Billionaire Elon Musk Lauds Bitcoin As “Quite Brilliant,” Why Isn’t Tesla Going Crypto? appeared first on NewsBTC.
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In the Daily: Elon Musk Talks Bitcoin, Shanghai’s Fudan University, Xdat Exchange

In this edition of The Daily we cover some largely supportive remarks the famous entrepreneur Elon Musk has made about Bitcoin, the latest academic institution to launch a blockchain R&D center, and a new offering from Malta-based exchange Xdat. Also Read: Bank of Spain Report: Bitcoin Is a Solution for a System Without Censorship Elon Musk Talks Bitcoin The founder of Tesla and Spacex, Elon Musk, is once again making headlines about crypto. He recently went on the Ark Invest podcast to discuss the future of autonomous driving technologies. Most of the half-hour interview focused on the strategy behind his electric car company but the topic of cryptocurrency eventually popped up in the last four minutes. Musk commented: “I think the Bitcoin structure is quite brilliant. There seems like there is some merit to Ethereum as well, and obviously others. But I’m not sure if it’s a good use of Tesla resources to get involved in cryptos … We’re really just trying to accelerate the advances of sustainable energy. One downside of Bitcoin is … computationally it’s quite energy intensive. There has to be some kind of constraint on the creation of crypto. It’s very energy intensive to create the incremental bitcoin at this point … It bypasses currency controls. Paper money is going away, and crypto is a far better way to transfer value than pieces of paper. That’s for sure.” Shanghai’s Fudan University Launches Research Center Shanghai’s Fudan University has become the latest academic institution to launch a blockchain R&D center. Founded in 1905, Fudan is one of the most prestigious and selective schools for higher learning in China. The Shanghai Blockchain Engineering Technology Research Center is tasked with carrying out basic research in the field, developing demo applications in collaboration with the broader industry, and training talent to serve Shanghai’s economic development. Last month the University of California, Berkeley announced the formation of its own blockchain-focused startup accelerator program, the Berkeley Blockchain Xcelerator. This program is meant to help aspiring entrepreneurs create high-value ventures in the blockchain space with industry guidance from Silicon Valley. Xdat Exchange Lists 18 Trading Pairs Xdat, a new Malta-based cryptocurrency trading exchange, has announced the listing of 18 trading pairs. These comprise ETH/BTC, BCH/BTC, EOS/BTC, ETC/BTC, XRP/BTC, DASH/BTC, LTC/BTC, BTC/ETH, BCH/ETH, EOS/ETH, ETC/ETH, XRP/ETH, DASH/ETH, LTC/ETH, BTC/TUSD, ETH/TUSD, BTC/EURO, and ETH/EURO. The company has further plans to add other pairs over time. The exchange is compliant with Maltese regulations for KYC and AML procedures and caters to both retail and institutional investors. Its fiat gateway allows users to deposit funds in 12 major currencies: USD, GBP, JPY, HKD, CHF, AUD, NOK, SEK, DKK, CZK, PLN, and HUF. This selection is meant to eliminate the need for involvement of a foreign bank for the supported options and allows users to work solely with Xdat’s bank. “Xdat is on a mission to address the key problems of existing exchanges … including lack of flow of new capital, lack of trust, no approach for mass adoption, and high fragmentation,” said CEO Prashanth Swaminathan. “Our aim is to bring crypto to all. To that end, we will be working closely with our community and using their support and feedback to make our interface more user-friendly and trading as streamlined as possible.” What do you think about today’s news tidbits? Share your thoughts in the comments section below. Images courtesy of Shutterstock. Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com. The post In the Daily: Elon Musk Talks Bitcoin, Shanghai’s Fudan University, Xdat Exchange appeared first on Bitcoin News.
Bitcoin News

Elon Musk Praises 'Brilliance' Of Bitcoin And Ethereum, But Clash With Tesla's Energy Stance

Main Street seems to be giving cryptocurrency a second look. Last week, Jamie Dimon and JPMorgan Chase & Co. (NYSE: JPM) announced an investment in JPM Coin, which will become the first digital token provided by a U.S. bank. This week, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk lent cryptocurrency additional validation. “Paper money is going away, and crypto is a far better way to transfer value than pieces ...Full story available on Benzinga.com
Benzinga

Elon Musk Calls Bitcoin "Brilliant" | Here's Why He's Optimistic

What are your thoughts on this news? Are you optimistic or bearish? Feel free to leave a comment below! Thank you all so much for watching the video. If you enjoyed the video, please consider dropping a like and subscribing. Running into some trouble or questions? Feel free to leave them down in the comments below! ---------------------------------------------------------------------------------------------------------- Check out Yellow: https://www.youtube.com/channel/UC2u2FXKKyIFsNBr_MlpCMfA Interested in signing up for our newsletter? Click the link below! Link: https://www.nicholasmerten.com/newsletter-dash-report-1/ Looking to file your crypto taxes? Check out TaxBit! https://app.taxbit.com/invite/DataDash/ ---------------------------------------------------------------------------------------------------------- What are your thoughts on current markets? Are you optimistic or bearish? Feel free to leave a comment below! Thank you all so much for watching the video. If you enjoyed the video, please consider dropping a like and subscribing. Running into some trouble or questions? Feel free to leave them down in the comments below! *I WILL NEVER PURSUE PROJECTS THROUGH TELEGRAM OR OTHER SOCIAL MEDIA OUTLETS. CONTACT MY EMAIL LISTED BELOW FIRST AND THEN VERIFY MY IDENTITY THROUGH A VIDEO CALL BEFORE MOVING FORWARD. THERE ARE MANY SCAMMERS IN CRYPTO. EMAIL SPOOFING IS RAMPANT, SO VERIFY MY IDENTITY THROUGH VIDEO* For consulting, speaking, or other business inquiries, please feel free to reach me at contactdatadash@gmail.com Patreon: http://patreon.com/data_dash Telegram: Alerts | https://t.me/Data_Dash Discussion | https://t.me/datadash Discord: https://discord.gg/S7MtTcB Donate NANO: xrb_3y7qi1z5kcpgi9cnk4bctus155qntiy1cszfmeh9zg7eqqqjb9imebsqf33t BTC: 14DHXJa9CgeBPf6m7UeMKE9yzAYFKPW2nV ETH: 0xa34d3461ae04953489e9aa464689c022836751d0 Want to start trading cryptocurrencies? Sign up through this link to get $10 of free bitcoin with your first purchase of over $100 ↓↓↓ https://goo.gl/woCYL6 Want to start trading coins? My top choice is Binance. ↓↓↓ https://goo.gl/DZVYPn Want to trade OTC? Caleb & Brown is my personal favorite to get started. https://partners.calebandbrown.com/datadash Looking to buy physical gold or silver? Check out the link below: https://goldsilver.com/?aff=DD Disclaimer: Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities.
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