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Tezos Foundation funds Japanese research lab to develop Plasma layer on Tezos

Tezos [XTZ], the seventeenth-largest coin by market cap, has witnessed rapid growth from the time of its launch. Recently, Tezos surpassed DASH and stood in the fifteenth position briefly, before falling again. The price of the coin, at press time, was falling by 3.48% over the last 24 hours. At the time of writing, the […] The post Tezos Foundation funds Japanese research lab to develop Plasma layer on Tezos appeared first on AMBCrypto.
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Cryptoeconomics Lab provided grant to develop a Plasma layer on Tezos

Cryptoeconomics Lab provided grant to develop a Plasma layer on Tezos 🟀 CryptoNinjas The Tezos Foundation, the overseer of the Tezos blockchain protocol, today announced that Cryptoeconomics Lab, based in Tokyo, Japan, has received a grant to develop a Plasma layer on Tezos. Plasma is a layer-2 scaling technique to increase transaction throughput on blockchains. Led by Shogo Ochiai, the Cryptoeconomics Lab team will implement Plasma according to […] Cryptoeconomics Lab provided grant to develop a Plasma layer on Tezos 🟀 CryptoNinjas
CryptoNinjas

Cere Network partners with Matic Network to drive enterprise blockchain adoption

Cere Network partners with Matic Network to drive enterprise blockchain adoption » CryptoNinjas Cere Network, announced today it has partnered with Matic Network, to create an accelerated enterprise solution for customers. By using Plasma sidechains, Cere Network can easily integrate its technology with the Matic Network to provide real-world data points and actionable insights from users in a truly decentralized manner. “Forming such a strong alignment will give […] Cere Network partners with Matic Network to drive enterprise blockchain adoption » CryptoNinjas
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The Pentagon is Working on Lasers Mimicking Human Speech

Scientific and technological development often tend to defy what seemed possible or impossible until very recently. When it comes to new forms of communication, society has evolved in many different ways. A new concept which might come to fruition soon comes in the form of “talking lasers”. This technology would be capable of beaming messages into one’s head directly, according to the Pentagon. For now, this technology is still several years from being utilized.  Laser-based Psychic Communication A lot of people are not too comfortable with the concept of psychic communication. It is something one either believes in or simply dismissed as a fad. Combined with new and somewhat disturbing technology, anything could become possible sooner than one might assume. The Pentagon is seemingly exploring a very intriguing, albeit unusual option in this regard. It involves the use of lasers capable of beaming a message into the recipient’s head directly.  To be more specific, the Pentagon is researching a lot of different things which will make most people worried and uncomfortable. Not all of these research projects will come to fruition in the real world, although no stone should be left unturned either. Their most recent “discovery” comes in the form of letting lasers talk. It is a military initiative which is part of the Joint Non-Lethal Weapons Directorate, or JNLWP. Laser weapons, while commonly used in this day and age, are seemingly capable of achieving more feats than just being used as a weapon.  Based on the initial research regarding this project, it seems the lasers will be able to transmit human speech to a recipient. This is made possible through the Laser-Induced Plasma Effect. As the name suggests, it requires one to fire a laser of incredible power to create a ball of plasma. A second laser will then oscillate the plasma to create sound waves. Assuming enough bursts can be fired at the correct and very specific frequencies, it will become possible to mimic human speech. A very disturbing thought, as it can open up Pandora’s Box, so to speak.  As dystopian as this technology may sound, it appears this concept might come to fruition a lot sooner than one would expect. In fact, sources close to the matter claim it might take a maximum of five years until talking lasers beaming human speech will become a reality. That in itself is somewhat worrisome, as that goes to show this concept is a lot more advanced than people give it credit for. An early version of this system has already gone through a field test of sorts, although it is only capable of mimicking very short messages. It is a viable approach to target specific people with messages or warnings, according to the researchers.  In a perfect world, the Pentagon hopes to further develop this system so it can reach people hundreds of miles away. That is, while intriguing, also perhaps the biggest problem when it comes to weaponizing this type of technology. While there are legitimate use cases for such a system, one also has to wonder how it can be abused to potentially create mass panic and hysteria in specific regions. Every form of technology on this scale can be both an asset and a threat, for rather obvious reasons. Speaking of threats, a  very similar system is currently in development which would be able to burn through clothing of protesters, among other things. Additionally, a separate system is, in theory , capable of creating pulses similar to flashbang grenades, which would be rather useful in terms of dealing with trespassers and aggressive crowd control. It is rather evident all of this research is a double-edged sword and should be treated with the utmost caution.  Image(s): Shutterstock.com The post The Pentagon is Working on Lasers Mimicking Human Speech appeared first on NullTX.
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1xBit: LINK, OMG and BAT Available

1xBit, a unique platform combining a sportsbook with a casino, announced that 3 altcoins as LINK (Chainlink), OMG (OmiseGO) and BAT (Basic Attention Token) were added. Crypto betting with 1xBit The number of the supported coins on the platform for deposits and withdrawals is steadily enlarging and over 20 cryptocurrencies are now available. 1xBit’s assortment of assets is broadening with LINK, OmiseGO, and BAT to the joy of all crypto-lovers. These crypto coins along with such solid cryptocurrencies as Bitcoin, Ethereum, Ripple, LiteCoin, and Stablecoins can be perfectly used for betting on sports or for playing in online casino.  LINK, OMG and BAT intros LINK LINK, one of the newly added currencies, is a general-purpose base coin with its own LINK ecosystem and LINE Token Economy, developed under the auspices of the Japanese smart contracts company Chainlink. Starting as a mobile messaging service, LINE transformed into a global smart portal and ecosystem where LINK coins are circulated. LINK can be used to purchase tangible or intangible goods and gain numerous benefits in the LINK ecosystem and being obtained on various digital token exchanges. For now, LINK is №17 rated with a total market cap of $991 million according to coinmarketcap.com data. OMG Another token in the focus is OmiseGO, a coin of OmiseGO Ethereum-based network. OmiseGO cryptocurrency is represented by staking tokens, based on a decentralized network with Proof-of-Stake model and Plasma architecture, which enable low-cost security and scalability and maintain instant currency-to-currency transfers with off-chain counterparties. Due to coinmarketcap.com info, OMG’s value per token, for now, is $2,01 with $281 million. BAT The last but not the least digital asset added to 1xBit is BAT or Basic Attention Token. This Ethereum blockchain token can be exchanged between advertisers, publishers and users with the help of specially created open-source and privacy-focused browser Brave, which advocate for privacy and users’ attention cost estimation in an equitable way. BAT is positioned on 30th place with $365 million market cap and has all chances to become one of the most recognizable cryptocurrency according to experts. 1xBit: a forward in iGaming Following the latest trends of the crypto world, 1xBit broadening the supported digital coins to bring betting and casino experience to a new level has successfully carved out its niche on the iGaming market since 2016. The post 1xBit: LINK, OMG and BAT Available appeared first on ZyCrypto.
ZyCrypto

Alt Season: Will Ethereum Lead Altcoins To New All-Time Highs?

Because so much concentration has been given to Bitcoin as the first of the cryptos, many people haven’t paid much attention to Ethereum. Ethereum is one of the most interesting cryptocurrencies. Basing its existence on creating an ecosystem for the creation of decentralized applications, the cryptocurrency holds a certain kind of promise. If the current transaction time is increased and scalability problems tackled effectively, Ethereum could outshine Bitcoin and lead Altcoins into the ‘Altseason’. Ethereum 2.0 Is Taking Too Long To Arrive One of the major issues facing the developers of the Ethereum blockchain is the lengthened time of deployment of Ethereum 2.0 The updates to the blockchain with technologies such as Plasma, Raiden, Sharding and so on seem to be having slight hitches here and there. Speeding up the development and deployment comes with its risks as the blockchain could be hacked if bugs exist on the new version of the blockchain. The Proof Of Work Problem We all know how proof of work consumes so much energy and the increase in mathematical difficulty. The deployment of proof of stake via consensus will greatly improve confirmation of transactions and hence the confirmation time of transactions to the main blockchain. As such, this should be the first of the changes that the developers should deploy. ERC 20 Has Become Too Old Due to the fast-paced nature of innovations within the blockchain space, a new standard needs to be developed when it comes to tokens based on the ERC 20 standard. This is because the rules governing smart contracts and the tokens deployed using such smart contracts might be obsolete in a few months. This creates a big problem for those already developing groundbreaking solutions off the Ethereum blockchain. One thing is certain though. The developers of the Ethereum ecosystem are going places! The innovations on the blockchain, once they come on stream, could indeed set ETH for a rapid growth hence leading altcoins into the much-awaited alt season. The post Alt Season: Will Ethereum Lead Altcoins To New All-Time Highs? appeared first on ZyCrypto.
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FBI Investigation Prompts Patrick Byrne to Exit Overstock

Patrick Byrne, the CEO and primary board member of Overstock.com, has resigned from his position with the company.  Who Will Replace Byrne? Many enthusiasts will likely remember that Overstock.com, a massive online retailer, was one of the first selling platforms to accept bitcoin as a means of payment from its customers. Byrne, himself, has been a major bitcoin advocate over the years. In a letter to shareholders, Byrne explained that while he is sad to leave the company he has worked with and respected for so long, he believes this is the right move for the “country.” Byrne says that his involvement in an FBI investigation regarding Russian interference in the 2016 presidential election is what led to his decision. The letter reads:  In July, I came forward to a small set of journalists regarding my involvement in certain government matters. Doing so was not my first choice, but I was reminded of the damage done to our nation for three years and felt my duty as a citizen precluded me from staying silent any longer, so I came forward in as carefully and well-managed fashion as I could. The news that I shared is bubbling (however haphazardly) into the public. Though patriotic Americans are writing me in support, my presence may affect and complicate all manner of business relationships, from insurability to strategic discussions regarding our retail business. Thus, while I believe that I did what was necessary for the good of the country, for the good of the firm, I am in the sad position of having to sever ties with Overstock, both as CEO and board member, effective Thursday August 22. It appears Byrne had been in a relationship with a Russian agent named Maria Butina since 2015. He’s confident that the company will remain strong without him, and that blockchain will ultimately carve out a future in which financial freedom is available to every citizen. He states:  I think the blockchain revolution will reshape key social institutions. We have designed and breathed life into perhaps the most significant blockchain keiretsu in the world, a network of blockchain firms seeking to revolutionize identity, land governance (=rule of law=potential=capital), central banking, capital markets, supply chains and voting. In three of those fields (land governance, central banking and capital markets), the word ‘trillions’ comes up when calculating the disruptive opportunity of blockchain. In closing, Byrne tells the company’s shareholders what an honor it has been to serve them. He comments that it was initially his Rabbi that convinced him to come forward, and that after seeing his country “tear itself apart” over the past three years, he felt he could not remain uninvolved.  The End of an Era… He finishes his letter with:  I wish all shareholders a smooth and level road, and don’t forget to shop Overstock.com. The post FBI Investigation Prompts Patrick Byrne to Exit Overstock appeared first on Live Bitcoin News.
Live Bitcoin News

Bitcoin Struggles As BAT And ETC Lead The Charge

The cryptocurrency market has somewhat stabilized, presenting a predominantly green landscape as Bitcoin struggles to stay above the psychological $10,000 marker.   Cryptocurrency Market Situation. Source: Coin360   Sentiment for Bitcoin has seen a moderate improvement towards a strongly neutral outlook.   Bitcoin Sentiment Chart by theTIE.io   Despite this overall lukewarm performance, proponents of Bitcoin’s store of value potential have reason to rejoice today. According to a report by Digital Asset Data, BTC is increasingly gaining correlation with the broader asset markets – positively with gold, and negatively with the stock market. With a recession looming on the global economy, Bitcoin could fulfill the role of a “safe haven asset,” to which investors flock during uncertain economic times. Altcoins see recovery with ETC and BAT leading The rest of the cryptocurrency market is seeing strong corrections from yesterday’s fall, with two strong outliers making significant gains. Basic Attention Token is strongly reacting to its new listing on Kraken, a popular exchange part of Weiss Ratings’ Real 10 index of platforms reporting true volume. BAT has gained more than 15% on yesterday’s price, while curiously its partner-in-listing WAVES has registered a much more modest 4%. The stark difference can be explained by the contribution of other fundamental drivers, with BAT recently launching the much-anticipated online tipping feature in its browser.   BAT Recent Price Trend. Source: CoinMarketCap   The other outlier is none other than Ethereum Classic, which after an against-the-grain rally on Tuesday has continued today with a 14.6% gain. The total 7-day performance is a solid +21%, by far the highest in the top-50. As before, it’s difficult to give a meaningful explanation of the rally. The upcoming ETC Atlantis hard fork is scheduled in about 22 days, too far ahead to justify any price action, though the final confirmation was released on Monday. The run is likely to be due to a combination of factors, including possible whales entering ETC positions. The rest of the altcoin market is seeing moderate recoveries, with IOTA, TRON and Cardano gaining 8%, 6.32% and 6.42% respectively as the rest average on 3-4%.   The post Bitcoin Struggles As BAT And ETC Lead The Charge appeared first on Crypto Briefing.
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Casa Unveiled Node Monitor Service to Leapfrog Bitcoin Network Health

Coinspeaker Casa Unveiled Node Monitor Service to Leapfrog Bitcoin Network HealthA famous crypto startup firm recognized as Casa that offers primary management service, and Bitcoin node machine has launched a node monitor as well as accompanying reward program to develop Bitcoin network health.The firm revealed the latest innovation in an official website article on Aug. 21. Per the announcement, the node monitor known as Node Heartbeats depends on creating a brief relationship between the server of Casa plus, an internet synced and Tor-activated node owned by a user. The rewards program enables Casa node subscribers to earn 10,000 SatsBack weekly in exchange for operating 5 Node Heartbeat checks weekly, on separate days.SetBack can reportedly be converted for Bitcoin (BTC) just once per day on Keymaster app for Casa, as long as a consumer has garnered a minimum of 50,000 SatBack points. According to the report, Casa is firmly convinced that it`s hectic for consumers to keep up with the trend on their node`s uptime as well as security. By offering an inducement program to leapfrog node health, the firm reportedly expects to enhance the overall health of the Bitcoin network.How the Node Heartbeat OperatesTo verify that node is online, the company makes a concise link from their server to the users Casa Node. For this to be manageable, the user`s node must be synced, online, and with Tor activated. But with Tor, that indicates the node Heartbeat secures user`s privacy.Speaking of privacy, the Node Heartbeat only utilises the connection code of the consumer-the same code that is already existing in explorers and that which the consumer release to others who are willing to launch a channel with them. Sats App automatically submits the code for the users when they send a Heatbeat to saves them from the agony of looking it up.Guess Who Is The Latest Casa Investor?Charlie Lee, Litecoin (LTC) founder revealed just three days ago that he has heavily invested in Casa. He went ahead to praise Casa for spearheading BTC acceptance, indicating:“I have the same feeling about Casa today as I had about Coinbase when I joined in 2013 as the 3rd hire. Casa is making Bitcoin easy to use, and that is extremely important for this space. Looking forward to great things!”New Node Monitor by Lightning LabsAs initially reported by Cointelegraph that the designer of the high-speed transaction protocol Lightning Network, Lightning Labs recently unveiled an alpha version of a node monitor. The invented device, called Indmon, allegedly enables nodes operators to supervise node functions in real-time. Network cases this year reportedly influenced the developers to design a tool for preemptively detecting network and node issues.Casa Unveiled Node Monitor Service to Leapfrog Bitcoin Network Health
Coinspeaker
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