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@CasaHODL engineer and creator of https://statoshi.info Active since 2009.

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How To Protect Your Crypto From Getting Hacked: Jameson lopp

How to protect your Crypto from getting hacked: Jameson lopp Jameson Lopp is a Bitcoin engineer, who was the subject of a Swatting incident, and as of November 2018 he was the chief technology officer of the crypto startup casa. Lopp is most notable for his decision to live Off-the-grid, which has been written up in the The New York Times. https://www.lopp.net https://medium.com/@lopp/reflections-upon-a-swatting-a45c0209135f You'll receive $10 in free bitcoin by signing up with this link http://bit.ly/2oesV41 #1 wallet I use. Keep Your Bitcoin & Ethereum Safe, Cold Storage Wallet: http://bit.ly/2o7BmgW Follow me on Instagram http://www.Instagram.com/ameerrosic Blockgeeks YouTube Channel https://www.youtube.com/c/BlockGeeks My name is Ameer Rosic, and I'm a serial entrepreneur, investor, Marketing Strategist and Blockchain Evangelist Blockchain Training: http://bit.ly/2nGhdn0 Blog http://www.Ameerrosic.com Blockgeeks: http://www.blockgeeks.com Facebook http://www.Facebook.com/ameerrosic Twitter http://www.Twitter.com/ameerrosic InstaGram http://www.Instagram.com/ameerrosic
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Facebook’s Libra ‘sounds an awful lot like Proof-of-Stake’ and will ‘run into Ethereum’s problems,’ claims Jameson Lopp

Facebook’s “The Libra Blockchain” whitepaper has created quite a frenzy, not only in the cryptocurrency ecosystem, but also with U.S. government officials. Some people claim that Libra is not a blockchain, while others claim that it is going to kill Ripple, XRP and other similar blockchains. However, Jameson Lopp had a different view, claiming that […] The post Facebook’s Libra ‘sounds an awful lot like Proof-of-Stake’ and will ‘run into Ethereum’s problems,’ claims Jameson Lopp appeared first on AMBCrypto.

Bitcoin’s Erlay is one of the most ‘prevalent network improvements’ in years, claims Jameson Lopp

Some of the key aspects of crypto-assets that hold substantial importance are based on adoption, network security and overall technological developments in their respective blockchains. The competitive nature of this specific niche industry motivates top cryptos to be omnipresent in the market and maintain a higher price through the market’s inevitable volatility. Bitcoin [BTC], which has one of most cohesive and dedicated development teams, recently announced the release of Erlay. Gleb Naumenko, the man who alongside Gregory Maxwell and Pieter Wuille developed the protocol, stated that Erlay was expected to save half of the bandwidth a particular node usually consumes in the network and save up to 75% of the overall bandwidth, when compared to the currently active protocol. Jameson Lopp, CTO of CasaHODL, recently spoke about the impact of Erlay and claimed that it was one of the most “prevalent improvements” that the network had recorded over the years on the Bitcoin network. The current development will make things a little better in terms of performance and efficiency, without people noticing the change. He suggested that users will witness a “lot more positive impact,” because of the bandwidth reduction. Jameson Lopp however, mentioned that there was a minor “trade-off” which was attached to the development. He suggested that Erlay would conduct slower propagation across the network, but the gains achieved over higher efficiency and the total amount of bandwidth used shadowed the minor drawback. He stated, “The protocol was massively redundant and robust, and you are very likely to get you message out to the entire network very quickly but you would also be sending a lot of back and forth redundant information in the process.” Previously, Adam Back, Co-founder of Blockstream, had also exhibited interest towards Erlay and stated that it was an intriguing aspect of Bitcoin as the relay protocol would improve network scalability in the blockchain. The post Bitcoin’s Erlay is one of the most ‘prevalent network improvements’ in years, claims Jameson Lopp appeared first on AMBCrypto.

Jameson Lopp offers to testify against Craig Wright in McCormack’s libel case

Peter McCormack, the host of the “What Bitcoin Did” podcast, has seen increased support from the crypto community in his fight against Craig Wright’s libel lawsuit. The podcaster received immense support on social media, with industry heavyweights such as Bitcoin developer Jameson Lopp, TechCrunch founder Michael Arrington, and cryptoanalyst Josh Rager. Peter gets support from industry heavy-weights Peter McCormack, a prominent figure in the crypto industry and host of the “What Bitcoin Did” podcast, has become the face of the crypto industry’s fight against Craig Wright, the controversial creator of Bitcoin SV. Related: Craig Wright’s libel lawsuit could cost Peter McCormack up to £750,000 McCormack, who has been on the receiving end of Wrights’ many libel lawsuits, has had his hands full with deciding on how to proceed with the case. If the libel case goes to full trial, it could cost him up to £750,000. However, McCormack has seen immense support from the crypto community, with hundreds of people offering to help with legal costs. The help he was offered quickly surpassed money—dozens of lawyers, cryptographers, and developers offered their professional help to McCormack. One of them is Jameson Lopp, a veteran Bitcoin developer and the CTO of Casa. A previous guest of McCormack’s podcast, Lopp offered to fly to the UK and offer his testimony to a judge. He explained that McCormack’s willingness to fly to the US and interview him a couple of years ago is a favor he’d be more than willing to return. You flew to the US to allow me to explain my perspective of Bitcoin; I just realized that we chatted about Craig for a few minutes during that 2017 interview. I'll happily return the favor and fly to the UK to explain to a judge that Craig is a pathological liar. — Jameson Lopp (@lopp) May 31, 2019 Lopp’s detailed research into Wright could help McCormack’s case A well-known figure in the crypto industry, Lopp has been an avid critic of Craig Wright on his Twitter profile. He is also the author of one of the best deep-dives into Wright’s life—an op-ed piece titled “How Many Wrongs Make a Wright?” Related: Bitcoin podcaster Peter McCormack offers Craig Wright £100,000 to prove he’s Satoshi Published earlier in May, the article was a result of months of research and dozens of revisions by fellow researchers and legal teams. The lengthy post, apart from providing a history of Wright’s claims on Bitcoin, also focuses on his background. With many seeing his article as the ultimate proof of Wright’s lies, Lopp could be an important asset in McCormack’s defense. His detailed research could be used to prove McCormack’s case that Wright is a pathological liar whose claims to be Satoshi Nakamoto are no different from the other lies he was caught in. Many prominent industry figures followed Lopp’s lead and offered support to McCormack — Michael Arrington, the founder of TechCrunch and CrunchBase, told McCormack that he was protecting the entire crypto community by standing up to Wright. Josh McGruff, the former CEO of Dogecoin, also voiced his support. The post Jameson Lopp offers to testify against Craig Wright in McCormack’s libel case appeared first on CryptoSlate.
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High ETH Prices Are (Finally) Good For Ethereum

Things are looking pretty bullish for Ethereum (ETH). The Ether price has surged by over ten percent in the past couple of days, and crossed above the psychological $200 barrier earlier this afternoon. That could be a strong buy signal for technical traders, as Crypto Briefing analysts reported yesterday.   Source: CoinMarketCap How High ETH Prices Harm Ethereum But what does a high Ether price mean for the smart contract network? There’s an obvious benefit for speculators and miners. But past experience has shown that anyone seeking to build dApps or just use the network could be severely hampered when markets turn bullish. That’s because the higher ETH prices get, the more expensive it is to use the platform. Users have to pay for everything they do on the network, from smart contract computations to token transfers. Rising gas fees could push end-users onto cheaper alternatives, like EOS or TRON, which offer similar functionality with lower fees. At least, that’s the received wisdom, which so far seems to be supported by experience. And it’s still technically true today: when it comes to using the ETH network, the downsides of a high Ether price tend to outweigh the advantages. Does Expensive ETH Mean A Stronger Network? However, Ethereum is (eventually) transitioning towards a Proof-of-Stake consensus model, which will require a financial commitment in order to participate. Instead of mining blocks through proof-of-work, block-producing nodes will have to stake ETH tokens as collateral in order to validate the network. That could have a significant impact on Ether’s market dynamics. Stakeholders will risk losing their hodlings if they fail to maintain connected and up-to-date node software. An expensive ETH would provide a strong disincentive to malicious or careless actors on the network. “If the chain is going to be secure, then there are inherent benefits from having high-valued Ethereum,” explained Nic Carter, Partner at Castle Island Ventures, in an interview with Laura Shin. A high Ether price, he added, would also provide “high-powered collateral, for DeFi applications for instance.”  Carter also pointed out that most networks have become too preoccupied with one or two “glamour metrics,” which may burnish their credentials but do not represent credible advantages. EOS, for example, has focused solely on scalability at the expense of decentralization. One tradeoff of those high speeds is that EOS relies on a small group of validators, which could present a systemic risk if they decided to collude or otherwise abuse their privileged positions. Ethereum’s key advantage is that it is the only platform with a vibrant community, Carter added, which comes with an “organic groundswell of usage and development.” Because of that organic usage, investors may be attracted to hold ETH for the long-term. “I think we noticed a little bit of a recalibration where initially [Ether] was computational gas,” Carter went on to say. “More recently, certain high-profile Ethereans have been saying, ‘well actually Ethereum itself is money.'” A strong Ether price could still push people off the network, but the community has been exceptionally resilient to market volatility and rival platforms over the past two years. The burgeoning DeFi space, and the added security after transitioning to Proof-of-Stake, could make high prices a net positive for the Ethereum network. The post High ETH Prices Are (Finally) Good For Ethereum appeared first on Crypto Briefing.
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