A proposed scaling solution to Ethereum by fragmenting the blockchain into smaller more manageable units.

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Video: Zilliqa Review And Technical Analysis

Today Kiana talks about Zilliqa (ZIL), a much-anticipated blockchain platform for decentralized applications. On paper, Zilliqa’s sharding solution shows a lot of promise, with a potential throughput of thousands of transactions per second that is already attracting smart contract developers. But is that enough  to unseat Ethereum? Then Kiana takes to the charts to see how Zilliqa is faring, with prices currently at an all-time low against the USD and BTC. That doesn’t necessarily mean a bright future for ZIL, especially if the market continues to decline. Is this a chance to buy ZIL at a bargain, or is it a dead coin walking? Let us know what you think in the comments, and don’t forget to subscribe.   The post Video: Zilliqa Review And Technical Analysis appeared first on Crypto Briefing.

Zilliqa (ZIL) Blockchain Testnet Version 3 ‘Mao Shan Wang’ Releases, Mining Details Coming Soon

Zilliqa’s Testnet Version 3 Released –Mining Information To Be Released On December 3rd Last week, Zilliqa (ZIL) announced the release of its Testnet’s third version. Named Mao Shan Wang, this new Testnet upgrade boasts of new features that will help smoothen the process involved in the eventual launch of its mainnet. This launch is going to play a significant role in the future of the crypt project. According to Xinshu Dong, Zilliqa’s CEO, “This is a major technical milestone — as far as we know, this is the first fully-fledged testnet in the world to implement network, transaction, and smart contract sharding. This specific testnet has addressed some of the security issues discovered by our security auditors, and added required safety checks and extra enforcement mechanisms to improve the stability of the system.” Testnet Version 3’s Similarity To Mainnet This new launch shares a strong resemblance to what the mainnet will look like upon its launching on the 31st of January, 2019. The testnet currently has the following features: The complete propagation of Scilla programming across the network. With this in place, all new nodes will be able to execute smart contracts. Smart contract, transaction and network sharding executed on the network Ecofriendly public mining of the testnet Incentivized reward framework for all participating nodes based on their efforts and contributions to the consensus protocol Increased efficiency in protocol upgrade Mining On Testnet V3 Miners who intend to participate in the mining of ZIL on the testnet will have the full information and documentation on the 3rd of December. The documentation will provide all the necessary information and details necessary to help miners successfully mine the tier tokens. According to Zilliqa, users who are interested in running a node on the network will need equipments with the following specs: Ubuntu 16.04.5 64-bit OS Intel i5 processor or later 8GB DRR3 RAM or higher Optional: GPU cards (e.g 1 x GTX 1060 with 3GB vRAM) NAT environment with UPnP feature supported on your router or a public IP address
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Technical Analysis: Is the Blockchain Ready for Content-Oriented Platforms? some of you probably already know, we recently celebrated the tenth anniversary of Bitcoin. During the time that has passed since Nakamoto’s historic white paper publication, the number of blockchain-based projects has grown to the thousands. All of them, much like their ancestor, face the challenge of creating a secure, fast, and scalable decentralized system. This is, without a doubt, a challenging task and for blockchain-architecture systems today, it is far from being solved. The problem is that all such networks inevitably face the “blockchain trilemma”, a phrased was first formulated by Vitalik Buterin. That’s why engineers today are developing alternative solutions in order to reach consensus faster on the network. article will give an overview of how network sharding is able to secure explosive scalability and how these technological advances can be implemented in decentralized, content-oriented platforms like BOLT.“Software is simply the encoding of human thought, and as such has an almost unbounded design space.”Chris DixonFighting the blockchain trilemmaIt’s easy to create a centralized system where all participants share one “right” view on reality, i.e. achieve consensus. However, this view will be dictated from some single center that governs the network, thus the nodes have to trust it. In a decentralized system, however, reaching consensus is a much more tricky task.The first and main problem that was solved by the creator (or possibly creators) of Bitcoin is not directly related to its function as a digital currency. This problem is fundamental and arises in many areas of social life: how to organize interaction in the system of elements, assuming that each of them is potentially unreliable, so that the system comes to a single solution? Speaking even more generally, we need to invent a way to ensure the whole system attack and failure tolerance, taking into account the fact that its elements may be egoistic or unreliable.To imagine a secure, scalable, and fast decentralized system of interacting agents from scratch is not an easy task. So let us first take a look at the well-known technological postulates underlying the architecture of Bitcoin.First of all, all transactions on the network are combined into blocks and processed together to save time.These blocks are time-stamped and linked in a series (or a chain) via cryptographically protected hash-functions, so that no one can change the history recorded in the blockchain.In order to ensure the passage of transactions on the network, miners perform the massive computations needed to calculate new block hashes.A copy of the distributed registry is stored on each full node of the network and to rewrite the history the attacher would have to take control of over more than half of the network power.Such a “51% attack” is extremely difficult to perform because of Bitcoin’s global prevalence and the associated high network hashrate. a result, the network is controlled by open-source Bitcoin code only, which is absolutely transparent for everyone, bringing decentralization to the world of centralized institutions and third-party intermediates.Sounds good, right? Well, by following these principles we inevitably fall into the Bermuda Triangle of the blockchain trilemma. It states that a distributed system based on the blockchain can have a maximum of two of the three most important properties: scalability, security, and decentralization. For example, Bitcoin being a secure system with quite good decentralization suffers from the slowness of transactions — because all of the full nodes on the network must come to a consensus. Recall that in December 2017, when the network was significantly overloaded, transactions were pending for many hours and the fee reached $40. problems are fundamental and are an inevitable part of blockchain architecture. In the recent years, several scientists and software engineers have claimed that the architecture described above is not the only one possible.Look at the birds in a large flock, creating fascinating 3D figures in the sky. How do they agree with each other to act in a coordinated way? The answer is: each bird remembers the location of several of its nearest neighbors in the flock and moves with them, contributing to the overall whole. A single bird does not broadcast where it will fly to everyone in the flock, and in such a distributed system there is no consensus in the usual meaning of the word. However, a flock demonstrates perfect synchronization that reacts to external stimuli and dangers (i.e. predators) rapidly and effectively.What if we started creating our “artificial” distributed systems based on natural principles? Let’s ask ourselves: does each network node really need to communicate with all the others and also keep the full history of the network? We may, for example, divide the network into several smaller ones, so that each node communicates mainly with the participants of its “own” subnet, just like a separate bird in a large flock. The information flow between different subnets will be much less intensive than in a single networks, and this will open the road to scalability. is one strong idea that is set to potentially overcome the blockchain trilemma — sharding.Sharding: divide & conquerThe concept of sharding as the idea of dividing a large amount of data into parts is not new. It has been successfully used in “traditional” centralized systems as a method of horizontal partitioning of data within a database. Despite the fact that database sharding is not a simple matter, in general, it is relatively easy to divide the data into several parts if the system has a single control center.Another thing is to implement sharding in a decentralized network in which nodes can appear and disappear continuously and the load on the blockchain is constantly changing. Vitalik Buterin described the future of sharding in the Ethereum ecosystem, he said, “Imagine that Ethereum has been split into thousands of islands. Each island can do its own thing. Each of the islands has its own unique features and everyone belonging on that island i.e., the accounts, can interact with each other AND they can freely indulge in all its features. If they want to contact other islands, they will have to use some sort of protocol.”Sounds like a simple and easy way to increase network scalability, doesn’t it? Unfortunately, it’s not that simple. While each full node on the network is forced to store a full record of the blockchain of its distributed system, scalability will be limited and its bottleneck will be the contacts between the different shards.Imagine an apartment building where all residents have the strange task of maintaining strict accounting records, tracking all transactions made amongst each other. In this analogy:The people in the apartments are separate shards of the network, i.e. close communities that communicate with the rest of the inhabitants.Lending and borrowing money stands for performing transactions.The house and its inhabitants is the whole community using the network.Imagine that each resident is forced to keep a full log of all transactions, walking through other people’s apartments and asking who and how much was borrowed today. Additionally, every hour all residents are required to gather together and check their registers, coming to a consensus on the history of the network and writing it to a single “main” register (the blockchain).Is there any sense in such kind of “sharding”? Will such a decentralized system be effective? Of course not. In order for the scalability effect of sharding to be fully manifested, it is necessary to radically reduce the number of contacts of nodes from the different shards. For example, to allow each family to record transactions only inside their apartment and to provide the accumulated information to the rest at a monthly meeting.This direction is taken, for example, by the Zilliqa project. The key feature is that although each node is still cognizant about the current network state, the full history of transactions doesn’t need to be stored. Instead, it’s split into pieces and stored separately throughout different parts of the network. achievement became possible due to Zilliqa’s special consesus algorithm that is based on the Bysantine Fault Tolerance. As the team states, “We choose BFT to design our consensus protocol to ensure that the resulting blocks are definitive, without the need of long confirmation times as required in the popular ‘longest-chain’ rule in existing cryptocurrencies.” The main feature of this consensus protocol is its finality: once the block is broadcasted to the blockchain, no other block can claim to have the same parent block. So there is no need for confirmations and for any Proof of Work to achieve agreement on the transaction (speaking figurally, PoW is a mechanism designed to prune wrong chains, which are absent here).Because of the finality feature, the entire transaction history does not have to be saved every time, it is instead sufficient enough to store only the latest state of the network in each node. This direction seems to be very promising and can really help solve the urgent problem of scalability.If this approach is successful, distributed systems based on sharding can be widely used in areas where a large number of microtransactions are required, such as content-oriented platforms.Handling a decentralized media content system requires incredible transaction speeds and it also imposes strict requirements for network scalability. Indeed, if the content-sharing platform is successful, the number of its users will grow, and what worked for a 1,000-person network will likely not work for one with a million nodes. That’s why BOLT decided to build their ecosystem on Zilliqa — enabling a decentralized mobile-first platform to enhance the digital entertainment experience for their three million plus existing users in the emerging markets across East Africa and Southeast Asia.BOLT’s mission is to give underbanked/unbanked users access to truthful, curated digital content and entertainment. Its network will be designed to bridge the gaps that exist amongst digital services and their potential users in developing markets. As the BOLT white paper says,“… users can choose how the platform operates for them — they can be contributors or consumers, but the super-profits currently earned by centralised social media platforms will not exist.”The BOLT token services allow content producers to be able to monetize their efforts without the need for distributors and third-party intermediaries. This goal requires a huge number of micro-transactions, therefore the BOLT network was an ideal candidate to be powered by Zilliqa’s blockchain sharding solution. Because Zilliqa has successfully implemented sharding on its network, transactions in the BOLT ecosystem will be lightning fast and the BFT consensus algorithm will make them safe for both users and content creators.All existing blockchain architectures suffer from the blockchain trilemma, which limits their most important properties. One of the most serious attempts to get around these problems today is sharding and applications such as content-oriented platforms are in dire need of its benefits. There are already platforms that have effectively implemented this technology in reality, achieving an exponential increase in network bandwidth. We’ll see much more in the future when such systems can be used to build ecosystems with a large number of small transactions. In this case, decentralization of the user-facing applications is much closer than we think!Technical Analysis: Is the Blockchain Ready for Content-Oriented Platforms? was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.

Zilliqa Inches Towards its Mainnet Launch on January 30 2019 with the Release of Testnet v3.0

Currently, trading at $0.017 in red in the USD market by 2 percent, Zilliqa is in the green in BTC and ETH market. Meanwhile, Zilliqa has released its Testnet v3.0, codename “Mao Shan Wang” that has the same set of features as its upcoming mainnet launch on January 30, next year. Testnet v3.0, codename “Mao Shan Wang” is Here The world’s 37th largest cryptocurrency Zilliqa (ZIL) by market cap of about $138 million has yet to launch its mainnet after about one and a half year of its release. According to it roadmap, the mainnet is scheduled for release between December 2018 and January 2019. For now, the team has already launched Testnet version 1 and 2. Now, two months before its mainnet launch, Testnet version v3.0 has been released. Zilliqa Testnet v3.0 Mao Shan Wang is now live. This is a major technical milestone — as far as we know, this is the first fully-fledged testnet in the world to implement network, transaction, and smart contract #sharding. — Zilliqa (No airdrops or ETH giveaways) (@zilliqa) November 30, 2018 Testnet v3, codenamed “Mao Shan Wang” is the “first fully-fledged testnet in the world to implement network, transaction, and smart contract sharding.” Addressing the security issues and adding safety checks along with enforcement mechanisms, this testnet version contains the same set of features as the upcoming mainnet as per the official announcement that further states it is launching on schedule. As stated by Zilliqa CEO, Xinshu Dong, “(Testnet v3.0) has the full-scale implementation of Scilla (our safe-by-design smart contract language) across the network, the implementation of our solution to smart contract sharding, and the public mining of testnet ZILs. It enables larger-scale public testing of the key features of our upcoming mainnet and is a key step for us towards launching mainnet on Jan 31, 2019.” Dong further shares the significance of Mao Shan Wang which has a full-scale implementation of Scilla across the network, is far more eco-friendly and cost-effective mining up to the public for testing, and involves new incentive mechanism that rewards nodes (miners) by taking into account their contributions to the consensus protocol. There has been a number of key new features added by the developers’ in the scilla language, development tools, and core protocol. With Ziliqa’s new testnet version release and mainnet launch coming up, it can be further expected to affect the prices positively. However, it’s to be seen just how much prices will move as the crypto market is in extreme red since mid-November. At the time of writing, Zilliqa has been trading at $0.017 with 24 hours losses of 4.68 percent while in the BTC market, it is in the green by 1.74 percent and up by 0.44 percent in the ETH market. Zilliqa 1-month price chart, Source: Coinmarketcap The post Zilliqa Inches Towards its Mainnet Launch on January 30 2019 with the Release of Testnet v3.0 appeared first on Coingape.
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Ethereum Sharding Explained

Sharding is a proposed solution to Ethereum’s scalability problem. Sharding breaks a blockchain into several smaller chains called shards. When necessary, shards communicate with one another through the main chain.

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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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