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Non-custodial crypto exchange Leverj launches to mainnet

Today, the team behind Leverj, a high-speed non-custodial crypto exchange, announced the successful launch to the Ethereum mainnet. The Leverj application features the Gluon Plasma sidechain designed especially for trading. Blockchain Labs has completed the audit of Gluon Plasma contracts and all issues... Source
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Ethereum’s Vitalik Buterin Releases Report on His Own Crypto Investments in AMA Reddit Thread

Vitalik Buterin is known as the co-founder of Ethereum, and one of the many topics that founders tend to be asked about is their own crypto holdings. Investors want to know that the individuals that create their favorite platforms are just as willing to invest. In an “Ask me Anything” (AMA) thread on Reddit, Buterin chose to disclose the destination of his crypto investments, and they are almost exclusively tied in with the Ethereum network. The whole point of the AMA post is to focus on leadership and accountability in the Ethereum network. Many questions discuss potential conflicts of interest for those in leadership positions within the community. According to the statements made by Vitalik Buterin, less than 10% of his holdings are in tokens without Ethereum as their basis, including Bitcoin Cash (BCH), Bitcoin (BTC), Dogecoin (DOGE) and Zcash (ZEC). Another group of non-ETH tokens account for less than 10% as well, including Kyber (KNC), OmiseGo (OMG), Maker (MKR), (OMG) and Augur (REP). During the AMA, Buterin said that he holds “significant corporate shareholdings” that are tied to Clearmatics, which focuses on blockchain research and development. He has similar shares in Starkware, which is a blockchain startup that prioritizes both scalability and privacy. Buterin’s continued support for zero-knowledge proofs makes him an excellent investor in the latter firm. In his non-financial involvement in various blockchain projects, he participated in several organizations, which included L4, Plasma Group, EthGlobal, and EDCON. However, all his external revenue in the last year, apart from the profits he made in the Ethereum Foundation, was included with his token holding disclosures. Though unspecified, Buterin expressed that he was involved in several organizations, which were “mainly professional cryptography and economics circles.” Buterin has been one of the vocal contributors in an Ethereum developers’ discussion that was in regard to the Constantinople hard fork, which will release a new smart contract feature. While some members of the community have been worried about the security issues that could arise from the new upgrade, Buterin has expressed the need for faster evolution if the group plans to meet further milestones on their roadmap up ahead. Bitcoin (BTC), Ethereum (ETH), XRP (Ripple), and EOS Price Analysis Watch (Feb 19th)
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Constantinople Countdown: Ten Days for the Next Ethereum Hard Fork and Why Is It Important?

The second largest digital asset in the market, Ethereum (ETH), is going to experience a network upgrade as soon as in ten days. After delaying the so-called Constantinople upgrade several times, the network upgrade is going to take place at block number 7080000. This upgrade is very important for Ethereum’s development. Indeed, the digital currency will have a reduced issuance of ETH as a reward for miners. Each block will be giving miners 2 ETH rather than the 3 ETH that they were receiving a few weeks ago. This is very bullish because there will be less ETH for users in the market. If there is a constant or growing demand in the asset, this could be very positive for the price of ETH. This hard fork is the second phase of Metropolis. The first two stages of Ethereum were Frontier and Homestead. After implementing the Metropolis stage, the network will move towards Serenity, introducing Proof-of-Work (PoW) and Plasma on Ethereum. The Constantinople hard fork was going to be launched during 2018, but as the network experienced some issues, it was not possible to launch it on time. ChainSecurity discovered that one of the Ethereum Improvement Proposals (EIP) would make some smart contracts vulnerable to Reentrancy attacks. However, Ethereum developers decided to solve this with two hard forks taking place on the same block. That means that the first hard fork will be implementing the five EIP proposed, while the second will disable the protocol that could enable Reentrancy attacks. The hard fork is expected to take place on February 28, 2019. We are currently more than 43,900 forks away from the hard fork to take place. At the time of writing this article, Ethereum is the second virtual currency in terms of market capitalization with $15.28 billion. Each ETH coin can be purchased for $145 and in the last 24 hours, it grew more than 12%. One of the reasons behind this price increase is the fact that the hard fork is bullish for the Ethereum network.
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Ethereum [ETH] Constantinople hard fork scheduled to take place in ten days

Ethereum [ETH], the second largest cryptocurrency by market cap and leading smart contract platform, rose to claim the throne of the biggest gainer earlier today. Additionally, most of the coins in the market seem to have gained their momentum from the second largest cryptocurrency in the market. According to CoinMarketCap, at press time, ETH was trading at $139.24 with a market cap of $14.6 billion. The coin showed a trading volume of $4.84 billion and recorded a rise of over 14% in the past seven days. More so, ETH is also making strides in terms of development. The project is currently focused on its upcoming upgrade, Constantinople, which is also one of the most awaited hard forks of the year. This hard fork is the second phase of Metropolis – The upcoming phase, the third stage of Ethereum. The first two stages of Ethereum were Frontier and Homestead, and the next stage after Metropolis is Serenity, the stage that introduces Proof-of-Stake [Beacon and Casper] and Plasma on Ethereum. Constantinople hard fork was initially set to take place towards the end of 2018. However, due to issues that were discovered in the Rinkeby Testnet, the hard fork was pushed ahead to take place in the month of January 2019. The block that was supposed to upgrade the entire network was #7080000, but this was cancelled on the eve of the scheduled date. This time, one of the bug bounty teams of Ethereum, ChainSecurity discovered that one of the Ethereum Improvement Protocols’ [EIP] would make some smart contracts vulnerable to Reentrancy attacks after the hard fork occurs, resulting in the key stakeholders of Ethereum deciding that the best solution would be to delay the fork again. In order to solve this problem, Ethereum developers came to a consensus that there would be two forks that would be taking place on the same block, Constantinople and Petersburg. The first fork would implement all the five Ethereum Improvement Protocols and the second fork would disable the protocol that enables Reentrancy attacks or allows them to downgrade. According to the recent announcement, the hard fork is estimated to take place on 28 February, 2019, ten days from now. The fork will occur on block #7,280,000 around 6:07:41 PM UTC. The data presented by Amerdata shows that at press time, there are around 43,950 blocks remaining before the fork takes place. The post Ethereum [ETH] Constantinople hard fork scheduled to take place in ten days appeared first on AMBCrypto.
AMBCrypto

Streamr Blockchain Platform Releases Ethereum Scaling Technology Monoplasma For Open-Sourcing DApps

Streamr Blockchain Data Platform Releases Ethereum Scaling Technology For Open-Sourcing DApps Streamr is known for its services as a blockchain data platform. After a scaling solution that was already embedded in the platform called plasma, the developers chose to advance their technology even further with another change, which is called Monoplasma this time. Though it was inspired by the former solution, this technology will be improving scalability via Ethereum. Unlike the plasma solution, Monoplasma zones in on “one-to-many payments.” This type of service requires the user to “repeatedly distribute value to a large and dynamic set of Ethereum addresses,” according to CEO Henri Pihkala of Streamer. During an interview with CoinDesk, Pihkala spoke on the use cases that this type of technology would apply to. Though it helps with revenue sharing, the CEO sees the technology working more towards open-source decentralized applications, as they seek to add “dividend distributions, staking rewards, repeated airdrops,” and other opportunities for users. In a test version, Pihkala went to the ETHDenver event for a demo to show the ease of using the tool for small airdrops of fake “unicorn” tokens, applying it to 100,000 addresses. Shiv Malik, the head of communications for Streamr, sees the technology as an off-chain scaling solution that would be implemented in special circumstances. He compared the process and to “broadcasting money.” Explaining further, he said, “You can receive money, but you can’t send back the other way. That would be like trying to send a message to your TV.” The design of this payment channel makes it impossible for double spending to take place. Pihkala was clear about this lack of vulnerability, explaining, “On the side channel, you can only earn money.” Ultimately, the technology will help with the crowd sell of user data on the blockchain. Essentially, as the bidding company purchases the user data, the payment goes directly into the user’s Ethereum wallets. Streamr has spent the year establishing new partnerships with various tech corporations to support the creation of the technology. Some of those partners include Hewlett Packard Enterprise and Nokia. Now, any developer has an opportunity to download the public code for Monoplasma from GitHub to see how it works for them. Pihkala ended the conversation with CoinDesk, adding, “If someone else finds use in [Monoplasma] that’s awesome, that’s what makes us happy. But at the very least, we’re going to build on top of it – meaning [Monoplasma] is going to be well maintained. It’s not about to be abandoned anytime soon.” Bitcoin (BTC), Ethereum (ETH), XRP (Ripple), and BCH Price Analysis Watch (Feb 18th)
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Ethereum-based OmiseGo (OMG) Resurfaces with Plasma Blockchain Scaling Solution

Many a time projects with a solid basis get waylaid due to mismanagement and other factors. The biggest casualty in such a scenario is the trust that people place in the work. Once the hype dies off and the lack of credible communication comes to the fore, the crypto community has little hesitation in putting the developers to the sword. This has been the story of OmiseGo [OMG] as well. OMG had been a community darling due to their efforts focused on finding a blockchain scaling solution called Plasma. The fact that top names associated with the project were that of Lightning Network co-creator Joseph Poon and Vitalik Buterin, the co-founder of Ethereum, didn't hurt their credibility. In an earlier communication the team had discussed the possibilities offered by Plasma. They had noted that this would be a: “framework for incentivised and enforced execution of smart contracts which is scalable to a significant amount of state updates per second (potentially billions) enabling the blockchain to be able to represent a significant amount of decentralised financial applications worldwide.” At the time the devs had added that the smart contracts would conduct automated operations with low fees, using Ethereum. Yet all those words seemed just that, words. For a very long time the project had been plagued by numerous delays, missed deadlines and above all startlingly poor communication. Unsurprisingly, many backers were left disheartened and many more bemoaned the missed opportunity of what could have been a big technological breakthrough for the industry. Recently, things seem to have changed, or at least that is the impression the OmiseGo team is giving. OmiseGO has been working with renewed vigour towards the plasma-mvp repo. Their goal is to build it to enable a DEX to exchange tokens in their future payment network. And the general vibes have been mostly positive towards that end. A recent update they explained how their testnet, running on Rinkeby, since late last year, is a release candidate of the OMG Network. Expanding on this it was further noted that the team was “happy with the network’s performance over the last couple of weeks. We’ve merged the initial updates to omg-js and have been testing these to ensure that things are going smoothly.” A focus on testing and debugging suggests that the project is indeed in its final phases. A recent Reddit post from the devs also excited the community with the possibility of Plasma seeing the light of day, in the very near future. The post read “The 2019 year started off strong with a new iteration of the internal testnet. The improvements were based on the data and feedback received from the initial iteration. OmiseGo goal is to create a production environment that is resilient and can handle real-world continuous usage.” The post then goes on to suggest that test cases are in an advanced stage and “the team is prepared to open up to the real world -with multiple users, interactions, and connections.” No doubt, so as to develop and loop feedback for quick fixes. All this has renewed the excitement for this project and it is hoped that this time the project does indeed reach its potential. However, OMG team should also be wary of ensuring that the promises and delivery expectations are met. The cryptosphere is one that forgives yet rarely forgets. If the project does get get off the ground it will be good news all around; for the community, the industry and the valuation of the token itself.
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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.
NewsBTC

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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