Nick Szabo

Blockchain, cryptocurrency, and smart contracts pioneer Active since 2012.

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Smart-Contracts Pioneer Nick Szabo: “Secure, Permissionless Blockchains need Armour, not Fins”

Smart-Contracts Pioneer Nick Szabo Says: “Secure, Permissionless Blockchains Need Armour, Not Fins” During his appearance at this year’s iteration of the Blockchain Live conference that took place in London recently, Nick Szabo, the man responsible for providing the world with smart contract technology, said that “Bitcoin is still the Alpha of the crypto world”. Responding to a host of different queries regarding newer blockchain platforms providing customers with a better transaction per second (TPS) rate, Szabo said that the real value of Bitcoin lies not with its speed, but with something he referred to as its “social scalability”. He then went on to defend the POW (proof-of-work) consensus algorithm currently employed by Bitcoin by stating: “We’ve had some people saying we can improve the TPS or we’re going to be inspired by blockchain but not use a true blockchain. If you need trust, and global seamlessness, that’s a very penny wise and foolish approach.” However, Szabo did concede that there were other cryptocurrencies that have established blockchain ecosystems that are faster, more scalable— but added that they did not factor in an important element of ‘human nature’. Szabo: “Communism Works Well Only at a Very-Small Scale” Speaking at the event, Szabo said that, “Communism when applied from a digital perspective fails because human trust does not scale well.” What he basically meant by this statement was that in order for a large digital ecosystem to thrive, it should be able to function without relying on individual/collective trust. In regards to this matter, he noted: “If you look at the way attacks have happened in bitcoin, trusted strangers are security holes. Bitcoin is decentralized, almost hack proof. The vast majority of hacks have been on centralized exchanges that people use to trade.” He then went on to say that “Secure, permissionless blockchains need armour not fins,” thus defending the POW algorithm that was devised to help secure the Bitcoin network against human interference and manipulation.
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The Legendary Nick Szabo: Bitgold, Smart Contracts, Cryptocurrency And Blockchain Story

In both the cryptocurrency and cryptography worlds, Nick Szabo is legendary. While he may not be a household name, Nick Szabo is highly revered among the crypto enthusiasts. He is both a computer scientist, as well as a legal scholar. It was in 1996 that he brought forth the concept of “smart contracts.” Those smart contracts became the focus of Ethereum blockchain and introduced the Internet to a whole new way of commerce. Within an enlightening blog, Unenumerated, where he pins his various ideas and thoughts there still is a particular mystery that shrouds him. If one would do a simple Google search, you will see that he is done public lectures, has worked on several projects as a consultant, and regularly uses Twitter. All of his personal information has been kept out of the public eye. Beyond the regular tweets on Twitter, and various blog entries revolving around technology and finance there is really not much to go on when looking into who Nick Szabo's really is. All we really have is Bit gold and smart contracts. Nick Szabo: His Work Bit Gold Now if you're new to the world of crypto technology, you may not know that Nick's work is extensive. However, he is best known for his proposal of Bit Gold. What makes this paper so impressive is the parallels that it draws to the cryptocurrency giant BitCoin. Within the paper outlining Bit Gold, Szabo identifies the issues of the dependence of the modern financial systems and explains his visions for an alternative. According to Mr. Szabo, TTP or third trusted parties are viewed as security holes. If and when a protocol relies too heavily on TTP, there is a necessity to patch the holes in security. By doing so, it creates centralization which can be very costly. The cost of security must be integrated with the costs of operating which of course leads to added expenses that the end-users pick up. Another problem that was addressed was the Third Trusted Parties. According to Mr.Szabo's paper, the TTP is a problem in itself that should be eliminated wherever possible. If this all sounds familiar, it should. The outline that Mr. Szabo's stated in his paper introducing Bit Gold is eerily similar to that of Bitcoin. The paper goes on to explain the overview of how to implement Bit Gold and how transactions would be processed. The underlining difference between Bit Gold and Bitcoin lie in the fact that Bitcoin's algorithm counts the hashing power while Bit Gold counts the network addresses. Nevertheless, the theory behind Bitcoin and Bit Gold hold true to the fact that TTP's need to be removed, there must be a currency in place that can be trusted, and where information can be stored and transferred securely. Smart Contracts Everyone at some point has heard about ICO's. In the news there are various bits about ICO scams, ICO tokens exploding on the market and reaching astronomical amounts. You may also have read articles about the latest ICO's and their impact on society with new breakthrough technology. The point is, ICO's wouldn't have been made possible without Nick Szabo's Smart Contracts. You may be wondering what “Smart Contracts” have to do with cryptocurrency. To better understand the reasoning behind smart contracts, you have to distinguish the four primary objectives of a smart contract. #1- Observability which is the ability of the principals to observe each other's performance of the contract. #2- Verifiability which proves to the arbitrator that a particular contract has been performed or breached. Of course, the arbitrator also can find whether the contract has been fulfilled by other means. #3 – Privity which is the principle that control over the data and the performance of the contract should be distributed among the parties only as much as needed for the fulfillment of the contract. #4 – Enforceability which is the possibility of a particular contract's ability to be regulated and enforced. With Smart Contracts, all parties involved in the transaction would be able to observe the other's performance. The parties would be able to quickly verify the agreed terms, divulge only the necessary details to complete the contract. Lastly, smart contracts would reduce the cost of enforcing the contract because smart contracts will be self-executing when all the criteria are met. The whole purpose of smart contracts is to make transactions more accessible and more efficient as long as they are designed correctly. Nick Szabo And Satoshi Nakamoto October 2008 was a pivotal moment in time. A white paper was submitted by Satoshi Nakamoto entitled, “Bitcoin: a peer-to-peer electronic Cash system.” It wasn't until January 2009 that the genesis block was brought into existence. Embedded in the code was a message for the ages. Nine years later, Bitcoin has a market value of $300 billion. With cash on the table like that it's no wonder why people want to know who Satoshi Nakamoto is. Many people speculate the identity of Satoshi Nakamoto. Some even claim to have found him. Yet, still, the mystery remains. So why does Nick have anything to do with Nakamoto? It all revolves around Bit Gold's white paper and the similarities to Bitcoin. Bitcoin Or Bit Gold? Here's where things get a little complicated. Bit Gold whitepaper proves that the technological concept and philosophy of Bitcoin was already conceived four years before the release of Bitcoin. It wasn't April 2008 when Szabo wrote on his blog about Bit Gold and how he was looking for somebody to help him code it. Seven months after Bitcoin was launched, the blog post that Szabo's wrote was suspiciously backdated to December 2008. Another interesting fact is how Satoshi never once referenced Szabo's work in the white paper for Bitcoin despite the parallels between the two. An odd thing to note is the lack of interest from Szabo when in 2010 Bitcoin broke the one cent barrier and continued to rise well over $.20 per coin. Also during the time while Satoshi was working tentatively on the Bitcoin protocol, Szabo never once mentioned Bitcoin on his blog. It wasn't until Satoshi at the end of 2010 stepped down did Szabo begin talking about cryptocurrency. Of course, you can't forget that Nick never released Bit Gold even though he was actively seeking help from readers on his blog. All these facts put together propose the question “Is Nick Szabo Satoshi Nakamoto?” Hal Finney Everyone knows that Nick Szabo and Hal Finney have known each other since 1993. It is also known that they communicated and exchanged ideas several times. Hal received the first Bitcoin transaction from none other than Satoshi Nakamoto. Why should Hal Finney be connected to Satoshi Nakamoto? After all the only acquaintance Finney new and exchanged ideas with was Nick. Of course, it didn't help that Hal lived in the same town and possibly even the same neighborhood as Dorian Satoshi Nakamoto for 10 years. Dorian Satoshi Nakamoto was accused by several reporters to be the creator of Bitcoin. Yet, one reporter writing an article for the New York Times stated how he had received an email from an acquaintance of Finney's who asked to remain anonymous. Within this email, the writer points out that while he was doing research on the identity of Satoshi Nakamoto, he'd come to the conclusion that Nick Szabo is the name behind the pseudonym, Satoshi Nakamoto. The email that was sent to the reporter goes into great detail about why the writer got the impression that Satoshi Nakamoto may very well be Nick Szabo. Let's Recap In April 2008 Nick Szabo's wrote a blog post highlighting the blueprint for his conception of Bit Gold. On that post, he asks for help to code the cryptocurrency. In October 2008 a white paper was released for Bitcoin with strikingly similar attributes to that of Bit Gold. Then Mr. Szabo's backlists his blog post to December 2008 to appear to have come up with the idea for Bit Gold only after Bitcoin's white paper was released. Then in 2010 when Bitcoin made headway by breaking the one cent mark and skyrocketing to $0.20, Nick Szabo's remained silent. Even though the technology and idealism was spot on to what he had talked about previously on his blog. You would think that a guy so in tune with digital currency would take note of a monumental achievement, even if it weren't supposedly his? Then once Satoshi steps down from Bitcoin and Nick begins writing once more on his blog about cryptocurrencies, yet never actually brought his idea of Bit Gold to life. Next, there is the Hal Finney connection that has Nick's acquaintance, whom he speaks to frequently and exchanges ideas receive the first Bitcoin transaction from none other than Satoshi Nakamoto. The coincidence continues to add up that Nick Szabo is Satoshi Nakamoto. But the last bit of information linking the two is astonishing. Aston University Forensic Linguistics Okay, so Forensic Linguistics is a mouthful and rightfully so. However, it is a branch of applied linguistics. It is the application of linguistic knowledge, insights, and methods to written material. The aim of this branch is simple, gain as much information possible by the way a person writes. A group of forensic linguistics from Aston University did a study which nicknamed “Project Bitcoin.” The purpose of this study was to look at the similarities between Nakamoto's Bitcoin white paper and the eleven people that conspiracy theorists claimed as possible creators of Bitcoin. “Project Bitcoin” was conducted by 40 students alongside Dr. Jack Grieve. The group's conclusion on the study stated that the number of similarities between Nakamoto and Szabo's writing was ‘uncanny.' They went on to explain how none of the other matches they looked at came close to matching Nakamoto the way Szabo's had done. Although there might have been other contributors to the creation of Bitcoin, Nick Szabo was the primary author who wrote the white paper for Bitcoin. Even though the evidence continues to point to Nick Szabo's as the man behind Satoshi Nakamoto, the truth is, no one knows for sure. The identity of Satoshi remains a mystery. The Reigning Titan The personal life of Nick Szabo may be an enigma. However, his work places him on the top of the blockchain technology. His blog continues to be one of the most influential sites on cryptocurrencies, ledger technology, history of law as well as commerce and cryptography. He will remain the go-to guy and continue to make people stop and listen when it comes to anything related to cryptocurrencies. As a reputable expert in computer science, Nick Szabo's legacy will live on forever.
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Crypto Legend Nick Szabo Says Bitcoin ETF Lobbying For Wall Street Money Could be Problematic

Nick Szabo Says Bitcoin ETF’s Might Cause More Problems Than What It Is Worth During the last months, one of the most important topics debated was related to the Bitcoin exchange traded fund (ETF) presented by VanEck and SolidX. Most of the experts were commenting very positively about it and how it could help institutional investors enter the market. In the end the U.S. Securities and Exchange Commission delayed on August the 7th, the decision to approve this Bitcoin ETF. The markets dropped since then, and investors are now clueless about how the market will be able to recover this year. But it seems that for Nick Szabo, a Bitcoin ETF would not be so important as for other analysts. On August 12, Mr. Szabo said that an ETF would cause more problems than it is worth. I for one am not lobbying for an ETF or for Wall Street-managed money in general. It might cause more problems than it's worth. The recent sell-off by dumb money has or soon will deprecate many opinionated know-nothings in this space. We don't need new ones to take their place. — Nick Szabo (@NickSzabo4) August 12, 2018   In order to explain this, Nick Szabo says that the cryptocurrency world is not Wall Street’s friend. And in some way, he is right. The virtual currency community grew trying to build a different economic system that Wall Street represents. Some other crypto figures suggested that a Bitcoin ETF would not be a magic solution for Bitcoin’s challenges and for it to start a bull run. Some days ago, the New York Stock Exchange (NYSE) owner, the Intercontinental Exchange (ICE), announced that it would open a new digital asset platform before the end of the year. About this, Brian Kelly said that he Bakkt platform would increase the chances of an ETF being approved. Before the end of the year, there will be more than 8 ETFs with a final decision on whether they will be allowed or not. Bitcoin (BTC) is really searching for something that would trigger a bull market, but until now, there is nothing able to help it.
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Nick Szabo: Bitcoin ETF ‘Might Cause More Problems Than It’s Worth’

Nick Szabo says he is “not lobbying” for a Bitcoin exchange-traded fund (ETF) in fresh criticism of the phenomenon which many commentators claim would significantly boost prices. ‘Not Lobbying’ In a series of tweets August 12, the veteran cryptographer appeared risk-averse about an ETF gaining regulatory approval. “I for one am not lobbying for an ETF or for Wall Street-managed money in general. It might cause more problems than it’s worth,” he wrote. The recent sell-off by dumb money has or soon will deprecate many opinionated know-nothings in this space. We don’t need new ones to take their place. I for one am not lobbying for an ETF or for Wall Street-managed money in general. It might cause more problems than it's worth. The recent sell-off by dumb money has or soon will deprecate many opinionated know-nothings in this space. We don't need new ones to take their place. — Nick Szabo (@NickSzabo4) August 12, 2018 Wall Street ‘Is Not Bitcoin’s Friend’ Szabo’s words come amid an increasingly sage climate regarding the real benefit of an ETF to Bitcoin’s march to mainstream acceptance. Having previously championed US regulators greenlighting the nine applications currently under consideration, some industry figures have since suggested an ETF would not be a magic bullet for Bitcoin. “…Hopefully [HODLers]… will realize Wall St is not [Bitcoin’s] friend,” former Morgan Stanley senior executive Caitlin Long commented about the situation Sunday, while Szabo referenced Cenacle Capital managing director Bill Ulivieri, who said he was “losing respect for the Bitcoin community” over its ETF support. “Everyone wants an ETF but without the backoffice / hard to borrow/ fail to deliver consequences,” he added. “[It’s] like they want physical stock certificates on [Bitcoin…].” The recent announcement by New York Stock Exchange owner Intercontinental Exchange (ICE) it would build and open a digital asset platform by November meanwhile led to further considerations. As Bitcoinist reported, Brian Kelly, the CNBC commentator and investment manager, claimed that the appearance of ICE’s Bakkt platform would “significantly help the chances” of an ETF, while social media commentator even suggested it would make an ETF “completely redundant.” So far, regulators have opted to delay judgment on new ETF applications after refusing Tyler and Cameron Winklevoss’ submission for a second time last month. What do you think about the benefits of a Bitcoin ETF? Let us know in the comments below! Images courtesy of Shutterstock The post Nick Szabo: Bitcoin ETF ‘Might Cause More Problems Than It’s Worth’ appeared first on

Bitcoin Cash (BCH) Technical Analysis: Nick Szabo’s Price Forecast in Progress

For some reason, fundamentals and technical chart formations are diverging. Here, Bitcoin Cash (BCH) sellers continue to wreck havoc even with announcement of key developments within the platform. That’s on top of  adoption drives rivaling those of Bitcoin. All in all, BCH is down 24 percent in the last week and we expect sellers to drive prices to $300 now that there is a resumption of bears as our Bitcoin Cash trade plan dictates. Volatility in Bitcoin from temporary uncertainty about its future (vs. both political opposition & crypto competitors), not from its supply limit. As these uncertainties decline its volatility will decline until it reflects more the uncertainty in fiat than its own. — Nick Szabo (@NickSzabo4) June 21, 2018 From the News  Roger Ver now says you can buy Coffee from Starbucks using BCH via the iPayYou wallet. His tweet was definitely  timely and seem to counter International Exchange announcement that they shall be working with Starbucks in coming days. The wallet first launched in 2016 and through it, users can buy Gift Cards either with BCH or BTC. Depending on their needs, they can later redeem them should they want to make purchases at different online retailers as Amazon or even pay for rides at Uber. Fun Fact: You can buy @Starbucks Coffee today with #BitcoinCash by using the @iPayYouWallet. Try it today at because Bitcoin was meant to be Cash. — Roger Ver (@rogerkver) August 6, 2018 Most social media and collaboration platform often restrict free speech and Amaury is experiencing this first hand. For some  reasons, he was banned from Slack and being one of Bitcoin Cash lead developers, the community couldn’t take it lying. There were speculations that Slack barred as he was too loud and attacking “Pre-consensus”. Nevertheless, that  doesn’t make sense for Slack to censor individuals simply because of opposing views. Innosilicon is introducing their new low energy ASICs that make use of Samsung’s FinFET chips. The ASIC miner is reportedly 30 percent more efficient than competitors mining equipment. Their first version, a 17.2 TH/s ASIC miner-the Terminator2, this latest edition the T2-Turbo miner consumes 75W/TH. Besides, it prints record breaking hash rates at 24TH/s in normal mode. The most powerful #BTC miner, Innosilicon T2 Turbo(T2T) is fully tested and open for order now! Delivery starts from 15th August to 25th August. T2T running Demo is as below, please enjoy! — Innosilicon Miner (@Inno_Miner) August 1, 2018 Bitcoin Cash (BCH) Technical Analysis Weekly Chart Bitcoin Cash Weekly Chart by Trading View As mentioned in our previous Bitcoin Cash (BCH) technical analysis, our BCH trade plan is pretty straight forward. First, we realize that Bitcoin and BCH have a direct price relationship and both are struggling to stay afloat. A dip in BTC causes a magnifying slide in other altcoins as BCH. Simple metrics back this: BTC is down 18 percent on a weekly basis but BCH on the other hand is down 24 percent. That’s roughly a 1:1.5 correlation and is massive by any standard. Secondly, we note that at current prices, BCH is still trending below the $250 trade range the main support at $600. With yesterday’s double digit losses, we expect further declines now that not only are there multi-level break below key supports—BCH prices are below the 12 month support trend line and one month support trend line—but bears are pressing higher keen on confirming May-June sell trend. Daily Chart Bitcoin Cash Daily Chart by Trading View So far, Bitcoin Cash is down 20 percent in the last day. After that wide trade range breaking below main support at $600, we can begin unloading BCH in lower time frames. In that case, safe stops will be at Aug 8 highs at $670. First targets as mentioned in past Bitcoin Cash (BCH) trade plans remain constant at $300. Disclaimer: Views and opinions expressed are those of the author and aren’t investment advice. Trading of any form involves risk and so do your due diligence before making a trading decision. Bitcoin Cash (BCH) Technical Analysis: Nick Szabo’s Price Forecast in Progress was last modified: August 8th, 2018 by Dalmas NgetichThe post Bitcoin Cash (BCH) Technical Analysis: Nick Szabo’s Price Forecast in Progress appeared first on NewsBTC.
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Ethereum HARD FORK 2019? Biggest Challenge in Crypto...

Let's discuss the Constantinople hard fork that is now scheduled for January. Also, I want to discuss the biggest issue the crypto ecosystem faces in the coming years. GET FULL ACCESS TO THE ACADEMY: LET’S MEET IN NEW YORK: 💰 GET $10 TO BUY YOUR FIRST CRYPTO: 🏆 BUY PHYSICAL BULLION GOLD: 📈 BEST ALTCOIN EXCHANGE: 🔐 BEST WALLET: Good Morning Crypto 🎓 LEARN SMART CONTRACT PROGRAMMING 🎓 Join my online academy 👬 Join the crypto discussion forum - 📣 Join Telegram channel 🎤 If you would like me to speak at your conference, book me here: #bitcoin #blockchain #ivanontech 👫👭👬Social: LinkedIn: Instagram: Steemit: Facebook: Exclusive email list: DISCLAIMER: This is NOT financial advice. This is just my opinions. I am not responsible for any investment decisions that you choose to make. Ivan on Tech is all about cryptocurrencies and the technology behind Bitcoin, Ethereum, Litecoin, Ripple, IOTA. We also cover Bitcoin price, altcoin price, investing, analytics, different altcoins. Ivan on Tech by Ivan Liljeqvist
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Brave Browser Confirmed as HTC Exodus’ Default Web Browsing App

HTC is resolved to win the race for the best blockchain phone on the market. Its commitment to the community seems to be genuine and not only have they bet on accepting payment exclusively in cryptocurrencies to promote their use but also decided to include third-party software that makes use of these technologies. In a tweet published a few hours ago by Mr. Brendan Eich, CEO of Brave Software, he expressed his satisfaction after confirming HTC’s decision to include Brave as the Exodus’ default web browser. We are very happy to have @Brave as default browser & to be working with HTC on their Exodus phone: — BrendanEich (@BrendanEich) December 8, 2018 Brave Browser: Using Basic Attention Token (BAT) To Create a Better Internet Brave Browser uses blockchain technologies to improve the user experience and change the way content providers relate to consumers. The idea is to make browsing faster and more convenient by rewarding not only users for consuming content but also giving them the ability to benefit content creators. “Once you enable Brave Rewards, the Brave browser automatically and anonymously keeps track of sites each user visits. The more times that a user visits a site, the larger the proportion of the user’s monthly contribution is “ear-marked” for that content creator. When contributions for a content creator exceed $100.00 USD, an email is sent to both the webmaster of the site and the registered domain owner from your WHOIS information. The email explains how to verify the ownership of your website with Brave Software.” The token used by Brave Browser is the Basic Attention Token (BAT), a cryptocurrency that has recently gained considerable popularity, especially after the announcement that it has been supported by Coinbase to be traded on its platform. #brave the new browser from @BrendanEich @brave wants to reward users with #cryptocurrencies to see ads and make browsing cleaner and safer #DMT18 — ralfscharnhorst (@RalfScharnhorst) December 6, 2018 Blockchain-Phones: The New Trend For its part, the HTC Exodus 1 Phone is a phone created by HTC with blockchain technology focused on those users who want to manage their crypto coins from their mobile phone without additional hardware. To do this, HTC developed its own hardware wallet with multi-asset support. The wallet is named Zion and runs on independent hardware embedded into the phone. The main competition of the HTC Exodus, is the Sirin Labs’ Finney Phone, a device that has similar features but runs under a proprietary Operating System developed as an Android fork. The post Brave Browser Confirmed as HTC Exodus’ Default Web Browsing App appeared first on Ethereum World News.
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Bitcoin Cash on Gemini, Robinhood Hints at TRON - Today's Crypto News

Visit our website: In this video, Mattie talks about Bitcoin Cash being listed on the Gemini exchange and rumours about Robinhood listing Tron. He also gives you the latest from our Community Speaks segment and the eos hackathon winner. This is a daily segment! ----------------------------------------------------------------------------------- CHECK OUT OUR PODCAST: New episode every Monday and Friday! ----------------------------------------------------------------------------------- Check out Altcoin Buzz Ladies! ---------------------------------------------------------------------------------- Connect with us on Social Media: Twitter: Facebook: Telegram: ---------------------------------------------------------------------------------- Looking for the best cryptocurrency wallets? Check these out: BitLox: CoolWallet S: Trezor: Ledger Nano S: KeepKey: Read about them here: --------------------------------------------------------------------------------- References: Crypto Exchange Gemini Adds Support for Bitcoin Cash (BCH) Trading and Custody Bitcoin Cash Is Now Available on Gemini! Robinhood Hints That It might List TRON Robinhood Tweet DERO Introduction – Community Speaks DERO EOS Global Hackathon Winner Announced EOS VC Rewards GeneOS with 500,000$ Genomic Project GeneOS Wins Grand Prize of US$500,000 at EOS Global Hackathon Grand Finale in Cape Town -------------------------------------------------------------------------------- DISCLAIMER The information discussed on the Altcoin Buzz YouTube, Altcoin Buzz Ladies YouTube, Altcoin Buzz Podcast or other social media channels including but not limited to Twitter, Telegram chats, Instagram, facebook, website etc is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the writer, reviewer or narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
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Mining Company Sues Roger Ver & Group for BCH Hard Fork Price Manipulation

The American company Unitedcorp has filed a lawsuit against "bitcoin cash ABC" supporters. The company accuses the supporters of hiring mining power in order to control the bitcoin cash network. The Bitcoin Cash hard fork that took place several weeks ago resulted in two version of Bitcoin Cash, supported by two opposing parties: the Bitcoin ABC version, which uses the ‘BCH’ ticker symbol; and Bitcoin Cash Satoshi’s Version, which uses the ticker symbol ‘BCHSV.’ The lawsuit claimed that Roger Ver,, Bitmain, and co-founder Jihan Wu, crypto exchange Kraken and founder Jesse Powell, and Bitcoin ABC developers Amaury Sechet, Shammah Chancellor and Jason Cox centralized bitcoin cash and manipulated the price during its contentious hard fork. Especially by dedicating mining power in theory assigned to mining the bitcoin blockchain to mining what was then referred to as the Bitcoin ABC chain.  After the split, supporters of both sides of bitcoin cash have been “fighting” against each other in order to become the biggest “bitcoin cash”.

Basic Attention Token [BAT]: Brave is now available as the default browser on HTC Exodus phone

In a recent tweet by Brendan Eich, the CEO and Co-Founder of Basic Attention Token [BAT] and Brave, announced that Brave has been made as the default browser on HTC Exodus phones. Tweet by Brendan Eich: “We are very happy to have @Brave as default browser & to be working with HTC on their Exodus phone” In October 2018, Brave introduced the newer version of the browser which is compatible with all Chrome extensions. This version was named as Brave 1.0, which is a desktop browser with 22% faster browsing speed compared to older versions of Brave. During this announcement, the team also mentioned that they were working on multi-core capacity on the browser speed, the performance of the browser on mobile devices etc. Recently, HTC announced Exodus 1 as their first cryptocurrency enabled smartphone. The phone provides a storage solution for cryptocurrencies and gives accessibility to blockchain-based applications. An Android application named Zion, which is separated from the operating system of the phone has the ability to store all the private keys of the users. A Redditor named jajarz says: “HTC is a dying company, but they are going all in on hardware the incorporates future developments like VR, and Crypto. If they pull this off theyll be the next Apple.” Another Redditor named Gromerando says: “HTC phones run on Android, having Brave as default browser will only prevent Google from getting ur browsing habits, only if Google is not the default search engine on the browser So don’t really see the excitement as Google will still be able to track your every move” Brendan Eich, who is also the Founder of JavaScript and the Co-Founder of Mozilla project created both the Brave browser and Basic Attention Token [BAT]. The cryptocurrency BAT is an ERC-20 utility token which is used for all the advertising purchases and revenue on the browser. The post Basic Attention Token [BAT]: Brave is now available as the default browser on HTC Exodus phone appeared first on AMBCrypto.
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