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

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Elrond Joins the Trusted IoT Alliance to Facilitate a Sustainable IoT Ecosystem

Coinspeaker Elrond Joins the Trusted IoT Alliance to Facilitate a Sustainable IoT EcosystemThe technology company, Elrond, has just announced that it is now an official member of the Trusted Internet of Things Alliance (TIoTA) which is a large group of at least 50 different companies who are collaborating to create multiple support systems to facilitate IoT adoption using blockchain technology and other similar methods.Generally, the TIoTA works to establish cooperation with major companies all over the world, to support IoT adoption by improving standards, creating more significant and exploitable opportunities, as well as doing their respective best to develop IoT-suitable technology.With the Elrond network, all members of the alliance will see improved efficiency in the form of cheaper transaction fees and much higher throughput. This will undoubtedly enhance customer user experience (UX) across all TIoTA members. The Elrond team is sure that the network with its speed and impressive scalability, will be a big plus for the IoT ecosystem.According to the announcement, the scalability is easily achieved through significant advancements in Secure Proof of Stake as well as Adaptive State Sharding. This makes the Elrond Network quite well-matched and prepared for the new phase of the internet, a phase where there will be a necessity for serious improvements on current technology and seamless and speedy exchange of information and value is to be guaranteed.Beniamin Mincu, the CEO and Founder of Elrond has also commented on this, iterating the company’s ability to push for the actualization of the new IoT. Mincu noted:“Our immersion with the Trusted IoT Alliance is a significant step forward for realizing the practical and real-world applications of what Elrond Network can achieve. Alongside the lines of TIoTA’s enterprise, IoT and blockchain members, Elrond’s public, sharded blockchain can provide the infrastructure that is necessary for the digital economy to blossom.”The TIoTA has spoken about Elrond’s potential input for the association. The Chairman of the TIoTA who is also Cisco’s Head of Blockchain, Anoop Nannra, has also expressed some excitement about Elrond. He said:“Elrond provides a scalable value transfer protocol for the digital economy. We are thrilled to have Elrond join our organization and contribute to our collective goals to establish best practices for the market and to commercialize trusted initiatives.”According to The McKinsey Global Institute, there will be almost 30 billion devices with a direct internet connection by the next year. The TIoTA hopes to achieve a safe, secure and highly scalable space for the IoT by 2025. By then, it is believed that achieved feats should include fast machine to machine payments, unmanned supply chain distribution and management, along with many more autonomous and interoperable activities.The TIoTA is already made up heavy hitters in the technology and finance industry. The list of its members includes Bosch, Cisco, KPMG, Siemens, Consensys and VeChain among others.Elrond Joins the Trusted IoT Alliance to Facilitate a Sustainable IoT Ecosystem
Coinspeaker

Crypto.com Lists Zilliqa's ZIL

HONG KONG, Aug. 14, 2019 /PRNewswire/ -- Crypto.com, the pioneering payments and cryptocurrency platform, announced today that it has listed Zilliqa's ZIL to its App. ZIL joins a growing list of cryptocurrencies and stablecoins on the Crypto.com platform, such as bitcoin (BTC), ether (ETH), Litecoin (LTC), XRP, TrueUSD (TUSD), PAXOS (PAX), and its own MCO and CRO Tokens.   Zilliqa is a high-performance public blockchain platform, designed for high throughput using sharding. On its testnet, Zilliqa has managed to achieve a throughput of over 2,828 transactions per second (TPS).  With ZIL added to the Crypto.com, users can now purchase it at true cost with no fees - credit card and bank transfer both supported. As Crypto.com also offers the MCO Visa Card, this adds additional utility ...Full story available on Benzinga.com
Benzinga

Crypto.com Lists Binance Launchpad Token - Elrond's ERD

HONG KONG, Aug. 14, 2019 /PRNewswire/ -- Crypto.com, the pioneering payments and cryptocurrency platform, announced today that it has listed Binance Launchpad token, Elrond's ERD to its App. ERD joins a growing list of cryptocurrencies and stablecoins on the Crypto.com platform, such as bitcoin (BTC), ether (ETH), Litecoin (LTC), XRP, TrueUSD (TUSD), PAXOS (PAX), and its own MCO and CRO Tokens. Elrond is a highly scalable public blockchain focused on providing security, efficiency, scalability, and interoperability. It has been built with adaptive state sharding and is based on the Secure-Proof-of-Stake consensus mechanism. With ERD added to the Crypto.com, users can now purchase it at true cost with no fees - credit card and bank transfer both supported. As Crypto.com also offers the MCO Visa Card, ...Full story available on Benzinga.com
Benzinga

Crypto by hype to maturity: Bitcoin, Libra, smart contracts, Lightning, sharding, and more

Nic Carter, a partner at Castle Island Ventures and co-founder of Coin Metrics, created a matrix chart for some of the crypto-sphere’s most talked about innovations. The chart ranked Bitcoin, protocols, Libra, and other innovations by maturity relative to hype, showing there is still unrecognized potential in many parts of the industry. Ranking crypto concepts In the crypto industry, short-lived news cycles rarely do projects justice. While some of the most innovative and ground-breaking developments often go unnoticed, a few outliers seem to get most of the attention. This dynamic emphasizes that media coverage does not reflect the potential value of an innovation. That’s why Nic Carter, partner at Castle Island Ventures and co-founder of Coin Metrics, decided to create a matrix chart showing, in his opinion, the maturity and hype of different projects. Carter shared his maturity/hype matrix on Aug. 8, which included some of the most talked-about industry themes—Bitcoin, Libra, exchange tokens, IEOs, privacy coins, smart contracts, the Lightning network, and others. Introducing Nic's maturity/hype matrix featuring a bunch of industry themes. Very arbitrary and subjective. You may yell at me now. pic.twitter.com/u0eGH893wi — nic carter (@nic__carter) August 8, 2019 Even though Carter noted that the chart was “very arbitrary and subjective,” even inviting people to challenge his opinion, he made a very interesting point with the way he presented his data. Namely, comparing crypto projects by their hype and maturity shows where there is still room to grow and improve and where different innovations didn’t (or have yet to) live up to expectations. Timestamping is the most underrated blockchain application According to Carter’s chart, exchange tokens are the most overhyped and immature concept in the crypto industry. Binance Coin (BNB) the exchange token launched by Binance, was one of the most talked-about coins in 2019, seeing a 310 percent year-to-date growth back in April this year. On-chain governance and sharding were also too immature for the hype they received, the chart showed. An interesting thing Carter brought up was the underrated value of timestamping. With dozens of Twitter users agreeing with him, Carter pointed out that being able to use public blockchains to verify the date something created lots of interesting applications. He also said that enterprise blockchains and ICOs were more mature than Bitcoin relative to their potential. The very fact that ICOs work and have been widely used for the past couple of years shows that the concept has matured. Enterprise blockchains, on the other hand, have reached their full potential. Relative to their potential. ICOs are basically… well, they work. Mechanically, that is. Enterprise blockchains probably won't amount to much (in my view), but they've amounted to all that they are going to. Kind of like congratulating the slow kid for a C on a spelling test. — nic carter (@nic__carter) August 9, 2019 However, the thing most people reacted to was Carter’s placement of Libra, which he believes to be underhyped. Dozens of people commented on the chart, saying the amount of press Libra has been getting couldn’t possibly be “underhyping.” Carter acknowledged that there has been a huge buildup to Libra, but said that the project was “underhyped” relative to the impact it could have on the market if it succeeds. I was benchmarking it relative to its potential significance. I guess I got that one slightly askew but in my view, if Libra succeeds, the currently level of hype will look warranted / sober by comparison — nic carter (@nic__carter) August 9, 2019 The post Crypto by hype to maturity: Bitcoin, Libra, smart contracts, Lightning, sharding, and more appeared first on CryptoSlate.
Cryptoslate

BitMax.io (BTMX.com) Announces Strategic Partnership with Harmony (ONE)

BitMax.io (BTMX.com) has announced the listing of the Harmony (ONE), a fully-sharded, proof-of-stake blockchain. Harmony is ready to establish the strategic partnership with BitMax.io to further its buildout of a fully scalable and provably secure blockchain system that supports the emerging decentralized economy. What is Harmony? Harmony is a secure, fast blockchain with innovations in state sharding and peer-to-peer networking. It uses secure proof-of-stake with sharding and a distributed randomness generation process (DRG) which is unpredictable, verifiable, and scalable. Its networking achieves fast block propagation and optimal cross-shard routing. Harmony’s 20-person team in Silicon Valley and around the world specializes in academic research, global-scale engineering, and long-term company building. The team members have built large scale systems at some of the top tech companies in the world and are now united to create a new global-scale blockchain infrastructure. Their mission is to bring scale trust for billions of people. The Harmony ecosystem and partnerships Harmony plans to build an ecosystem focused on creating partnerships that drive the adoption of the protocol across a variety of use cases and verticals including gaming, decentralized finance, and data sharing. It will enable applications that were not previously feasible on blockchains such as high-volume decentralized exchanges, Visa-scale payment systems, and Internet-of-Things microtransactions. Harmony helps businesses build marketplaces of fungible tokens such as loyalty points and energy credits, as well as non-fungible assets like real estate and game collectibles. It provides zero-knowledge proofs for data sharing while preserving the privacy of consumers. Harmony already has a number of partnerships. In October 2018 it announced a partnership with Animoca Brands, a publicly-traded developer, and publisher of internationally recognized mobile games and brands. It also recently announced a partnership with Contentos, a public blockchain project with a global user base of 60 million people to distribute dApps. Its partnership with Hummingbot is giving decentralized ONE makers the platform to execute $1M worth of trades in just 12 days. What is BitMax.io? Founded by a group of Wall Street quant trading veterans in July 2018, BitMax.io  (BTMX.com) is a next-generation digital asset trading platform with a broad range of financial products and services for both retail and institutional clients.  Especially the platform services sophisticated buy-side & sell-side institutions in both Eastern & Western demographics who are seeking highly liquid marketplace. With its core values of efficiency, resilience, and transparency, BitMax.io has successfully set itself as a leader in the digital asset trading space. It has been widely recognized by the industry for its very first introduction of the “Transaction-mining & Reverse-mining” mechanism, and its highly reputable token economics has built-in incentive mechanisms, including reverse-mining and token consumption to balance the demand and supply and the design of Data Usage Reward Distribution Pool that supports longer-term token value. The introduction of the Volatility Card is another move by BitMax.io that showcases advanced expertise in product design and an understanding of the inner workings of the capital market. The card allows global users to forecast and trade-off price fluctuations of underlying major coins during preset time windows. The Turtle and Bunny cards are purchased to predict price movement within or above a certain range and users who predict the correct range of price movement receive a payout equivalent to the notional value of the card. Furthermore, the platform recently announced new partnership with UltrAlpha, a professional digital asset management service platform that is designed to leverage experience from both traditional finance and blockchain industries, and to introduce a comprehensive set of investment/ trading products as well as fund admin services to different participants in the digital asset management market. Dr. George Cao, Co-founder & CEO of BitMax.io, will share his expertise and provide critical strategic advice on the overall design of token economics and model.  (Please note that BitMax.io and UltrAlpha are completely two separate businesses). A Beneficial Partnership BitMax.io has experienced significant growth since its launch and is deeply committed to providing a high-performance, client-centric trading platform to its global client base. Currently, the platform has over 200,000 registered users, with over 53,000 active community members. And Harmony has improved itself from Day One Mainnet of 4 shards and 150 nodes each, to Maine Phase 2 of 4 shards, 400 nodes each, while expecting for Mainnet Phase 3 of 6 shards and 400 nodes each. The partnership of BitMax.io and Harmony not only is another strategic milestone of BitMax.io in its continuous efforts in supporting the advancement and innovation of blockchain technology, but also provides more diversified global exposure to growing Harmony communities. For more information, follow Harmony on: Website: https://harmony.one  Twitter: https://twitter.com/harmonyprotocol  Reddit: https://www.reddit.com/r/harmony_one Telegram: https://t.me/harmony_one Medium: https://medium.com/harmony-one For more information, follow BitMax.io on: Website: http://www.BitMax.io Twitter: https://twitter.com/BitMax_Official Reddit: https://www.reddit.com/r/BitMax/ Telegram: https://t.me/BitMaxioEnglishOfficial Medium: https://medium.com/bitmax-io CONTACT: support@bitmax.io The post BitMax.io (BTMX.com) Announces Strategic Partnership with Harmony (ONE) appeared first on ZyCrypto.
ZyCrypto

BitMax.io (BTMX.com) Announces Strategic Partnership with Harmony (ONE)

Coinspeaker BitMax.io (BTMX.com) Announces Strategic Partnership with Harmony (ONE)BitMax.io (BTMX.com) has announced the listing of the Harmony (ONE), a fully-sharded, proof-of-stake blockchain. Harmony is ready to establish the strategic partnership with BitMax.io to further its buildout of a fully scalable and provably secure blockchain system that supports the emerging decentralized economy.What is Harmony?Harmony is a secure, fast blockchain with innovations in state sharding and peer-to-peer networking. It uses secure proof-of-stake with sharding and a distributed randomness generation process (DRG) which is unpredictable, verifiable, and scalable. Its networking achieves fast block propagation and optimal cross-shard routing.Harmony’s 20-person team in Silicon Valley and around the world specializes in academic research, global-scale engineering, and long-term company building. The team members have built large scale systems at some of the top tech companies in the world and are now united to create a new global-scale blockchain infrastructure. Their mission is to bring scale trust for billions of people.The Harmony Ecosystem and PartnershipsHarmony plans to build an ecosystem focused on creating partnerships that drive the adoption of the protocol across a variety of use cases and verticals including gaming, decentralized finance, and data sharing. It will enable applications that were not previously feasible on blockchain such as high-volume decentralized exchanges, Visa-scale payment systems, and Internet-of-Things micro transactions.Harmony helps businesses build marketplaces of fungible tokens such as loyalty points and energy credits, as well as non-fungible assets like real estate and game collectibles. It provides zero-knowledge proofs for data sharing while preserving the privacy of consumers.Harmony already has a number of partnerships. In October 2018 it announced a partnership with Animoca Brands, a publicly-traded developer and publisher of internationally recognized mobile games and brands. It also recently announced a partnership with Contentos, a public blockchain project with a global user base of 60 million people to distribute dApps. Its partnership with Hummingbot is giving decentralized ONE makers the platform to execute $1M worth of trades in just 12 days.What is BitMax.io?Founded by a group of Wall Street quant trading veterans in July 2018, BitMax.io (BTMX.com) is a next-generation digital asset trading platform with a broad range of financial products and services for both retail and institutional clients.  Especially the platform services sophisticated buy-side & sell-side institutions in both Eastern & Western demographics who are seeking highly liquid marketplace.With its core values of efficiency, resilience, and transparency, BitMax.io has successfully set itself as a leader in the digital asset trading space. It has been widely recognized by the industry for its very first introduction of the “Transaction-mining & Reverse-mining” mechanism, and its highly reputable token economics has built-in incentive mechanisms, including reverse-mining and token consumption to balance the demand and supply and the design of Data Usage Reward Distribution Pool that supports longer-term token value.The introduction of the Volatility Card is another move by BitMax.io that showcases an advanced expertise in product design and an understanding of the inner workings of the capital market.The card allows global users to forecast and trade-off price fluctuations of underlying major coins during preset time windows. The Turtle and Bunny cards are purchased to predict price movement within or above a certain range and users who predict the correct range of price movement receive a payout equivalent to the notional value of the card.Further more, the platform recently announced new partnership with UltrAlpha, a professional digital asset management service platform that is designed to leverage experience from both traditional finance and blockchain industries, and to introduce a comprehensive set of investment/ trading products as well as fund admin services to different participants in the digital asset management market.Dr. George Cao, Co-founder & CEO of BitMax.io, will share his expertise and provide critical strategic advice on the overall design of token economics and model. (Please note that BitMax.io and UltrAlpha are completely two separate businesses).A Beneficial PartnershipBitMax.io has experienced significant growth since its launch and is deeply committed to providing a high-performance, client-centric trading platform to its global client base. Currently, the platform has over 200,000 registered users, with over 53,000 active community members. And Harmony has improved itself from Day One Mainnet of 4 shards and 150 nodes each, to Maine Phase 2 of 4 shards, 400 nodes each, while expecting for Mainnet Phase 3 of 6 shards and 400 nodes each.The partnership of BitMax.io and Harmony not only is another strategic milestone of BitMax.io in its continuous efforts in supporting the advancement and innovation of blockchain technology, but also provides more diversified global exposure to growing Harmony communities.BitMax.io (BTMX.com) Announces Strategic Partnership with Harmony (ONE)
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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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Stand Aside Libra, Binance’s ‘Venus’ is the New Sheriff in Town

Ever since Facebook unveiled its Libra cryptocurrency, the project has encountered regulators’ wrath across the world. However, governments, crypto exchanges, and institutions think that Libra is a great idea and they are now developing their local tokens to rival Libra. The People’s Bank of China is reported to be developing a token that will encroach the market that Facebook targets. The latest entrant into this race is Binance. This top crypto exchange announced that it will launch an open blockchain project dubbed ‘Venus’. The project aims to develop localized stablecoins throughout the world. In an official announcement published on August 19, the exchange said that it is perfectly positioned to launch such a currency ecosystem. The move comes in the wake of its existing public chain technology, Binance Chain. The public chain comprises of a wide user base and an already existing global compliance measures infrastructure. Leveraging Already Active Know-how Binance announced that it is looking for partnerships with corporations, governments, technology firms, and other blockchain and crypto projects. It aims to develop a new currency ecosystem that will empower the developed and developing nations. Furthermore, the exchange’s vision for its Venus project is to create a new open alliance and sustainable community. The community is meant to accept and enlist all partners who have influence globally. According to the announcement, Binance Chain already supports multiple native asset-pegged stablecoins. Some of the stablecoins that it runs include the Binance BGBP Stable Coin (BGBP) that is pegged to the British Pound and the Bitcoin (BTC)-pegged stablecoin (BTCB). Additionally, Binance says that it will leverage the existing infrastructure and experience with different regulatory regimes. That will enable it to set up a compliance risk control system and create a multi-dimensional cooperation network for the Venus project. Contending with Libra The new ambitious venture by Binance seems to compete directly with Facebook’s fiat-pegged stablecoin, Libra. Facebook’s wants to launch a system that will power a global cryptocurrency payments network integrated into the company’s wholly-owned apps that include Messenger, WhatsApp, and Instagram. The choice of this name ‘Venus’ seems to show that Binance is also entering the astrological waters. These waters feature the Winklevoss Twins’ Gemini dollar and Gemini exchange together with Facebook’s Libra project. Whether Venus will outmuscle Libra in the new global stablecoin space or not, only time will tell. Like what you're reading? Subscribe to our top stories The post Stand Aside Libra, Binance’s ‘Venus’ is the New Sheriff in Town appeared first on FXTimes.com - Daily Cryptocurrency and FX News.
Cryptovibes

Binance Announces New Stablecoin Initiative Venus – the “One-belt-one-road Version of Libra”

The world’s largest cryptocurrency exchange Binance has announced the plan of launching an open blockchain project “Venus”, an initiative to develop localized stablecoins and digital assets pegged to fiat currencies across the globe. As per the announcement published today Aug.19, the localized stablecoin initiative will leverage the exchange’s existing infrastructure such as its public chain Binance Chain and cross-border payment systems, wider user base and already established global compliance measures. Bearing a similar vision with social media giant Facebook’s Libra, “Venus”, defined as a “regional version of Libra”, aims to break down the financial hegemony and reshape the world’s financial system, which enables latecomers to have more initiative and stability in finance, as well as enhance the economic efficiency of countries. The exchange says it is seeking “partnerships with governments, corporations, technology companies, and other cryptocurrency companies and projects involved in the larger blockchain ecosystem, to empower developed and developing countries to spur new currencies.” “We believe that in the near and long term, stablecoins will progressively replace traditional fiat currencies in countries around the world, and bring a new and balanced standard of the digital economy.” said He Yi, Binance co-founder and CMO. In its Chinese version of the announcement, the exchange believes that “Libras are growing at an exponential rate and will reshape the world financial system, bringing changes more than the Internet. Instead of resisting change and losing the opportunity, it is better to embrace the change. Under the planned economy system, the successful experience of Shenzhen’s bold exploration of market economy is a good case. At the same time, Libras need to be developed in an orderly manner under the regulatory framework.” In conclusion, it added three suggestions for the Chinese regulators – The central government should establish the core strategic position of blockchain industry and digital stablecoin in the future financial system; Establish a regulatory sandbox within a certain scope and pilot payment and settlement services based on digital stablecoin; Allow private enterprises to issue digital stablecoins and develop cross-border payment and settlement systems. Prior to it, Zhou Xiaochuan, the former governor of PBOC (People’s Bank of China), stated that Libra represents the trend of digital currencies, China should take precautions and undertake policy research. Following that, Huawei founder Ren Zhengfei  said that China can issue a Libra-like currency to take the lead in the blockchain sector. With these positive signals, the exchange is responsive and acting fast. Its cofounder He Yi said “Venus” is the “One-belt-one-road version of Libra”. Cofounder of Binance .@heyibinance said “Venus” is the “One-belt-one-road version of Libra” Totally nailed it pic.twitter.com/RqfaPH8zE1 — Dovey Wan 🦖 (@DoveyWan) August 19, 2019
8BTC

HyperCash, Metal, WePower and Bread Top All Cryptos; Coins as a Whole Up 1.66% Overall, 18 Coins Have Contracting Volatility

Yesterday’s Movers and Shakers Since yesterday, the coin that fared the best out of the 133 coins in our index was HyperCash, whose price is up 51.55%. Rounding out the top four currencies for the day were Metal, WePower, and Bread, which provided holders with returns of 17.75%, 13.98%, and 12.04% for the day. These moves were notable not only for their magnitude relative to other coins, but also because they were large and surprising relative to the volatility of each of these currencies over the past two weeks. Interested in trading these currencies? Some brokers to try: Gate, Yobit, Stex, Binance, DDEX, ETHfinex A Macro View of the Crypto Market Overall, the average change in coin price for the coins we’re tracking was up 1.6592%. On a more granular level, 65% of the coins we’re tracking were up while 35% of the coins were down. Below we can see the average daily change for the coins we are tracking our index over time. Since yesterday, 3 have crossed their 20 day moving average; these coins may be of interest to traders who believe the 20 day moving average may be a key level that draws traders in. Interested in trading these currencies? Some brokers to try: Gate, Yobit, Stex, Binance, DDEX, ETHfinex Currencies With Significant Price Moves The coins that crossed their moving average are: Chainlink, Verge, HyperCash. Likewise, volatility has continued to trend lower and contract for 18 of the 133 coins in our index; contracting volatility often precedes a breakout, so these coins may be gearing up for a larger move. The chart below drills down a bit more, featuring 4 currencies with contracting volatility that are trading below their moving average. Are these coins forming a bottom? Interested in trading these currencies? Some brokers to try: Gate, Yobit, Stex, Binance, DDEX, ETHfinex Article by SixJupiter The post HyperCash, Metal, WePower and Bread Top All Cryptos; Coins as a Whole Up 1.66% Overall, 18 Coins Have Contracting Volatility appeared first on DecentralPost.
DecentralPost

The Latest Satoshi Nakamoto ‘Reveal’ Is Actually Quite Compelling

The origin story of Bitcoin’s pseudonymous creator, Satoshi Nakamoto, has seen outright lies, conjecture, and its fair share of ‘reveals’. By now, for many, it has become irrelevant, and any new ‘revelation’ gains a healthy dose of cynicism. But here we are again, with a promise of an unveiling in little under 36 hours. Could it be different this time? I’m Satoshi Nakamoto, And So Is My Wife You could be forgiven for having a touch of Satoshi Nakamoto fatigue. In the past few months alone, we’ve endured multiple theories regarding an Estonian connection, a drug lord who invented Bitcoin purely to launder money, and a failed attempt at viral marketing (anybody actually use PAI news?). Not forgetting, of course, Craig Wright’s ongoing delusion in the face of mounting evidence of his serial forgery. So when a new website appears claiming that ‘all will be revealed’ in a three part series of posts… well you’ve got to expect it to be taken with a(n un)healthy pinch of salt. But that’s exactly what happened over the weekend. We even got to read the first part of the three-part reveal, and… it’s strangely compelling. Satoshi Nakamoto Renaissance Holdings The website bears the name ‘ Satoshi Nakamoto Renaissance Holdings’, and the ‘Truth’ is as told to Ivy McLemore, a PR and marketing consultant… and apparently a man. So far, so readily dismissible as another waste of time marketing ploy. The site even admits that part three of ‘My Reveal’, along with the Nakamoto’s true identity, will provide details about Tabula Rasa, Satoshi’s vision (sorry Craig) for the future of Bitcoin. But if this is just another attempt to cash-in on the Bitcoin bandwagon, then whoever is involved has done a better job than most of the others. Names, Numbers, And A Chip On His Shoulder The fact that ‘Satoshi Nakamoto’ has a beef against the banking industry will come as a shock to no-one. The fact that this beef harks back to the 1991 closure of the ‘World’s Sleaziest Bank’, BBCI might. Allegedly, part of his motivation was to redeem BCCI, even going so far as basing the name of Bitcoin on it; Bank of CredIT and COmmerce INternational. He also had trouble opening a bank account when visiting the UK. According to this latest ‘testimony’, Satoshi came from Satoshi Sumita, a Japanese Central Banker, who presided during a period when the country became the world’s largest creditor nation. Satoshi was also an exact match in Chaldean numerology (which also features greatly) for Nakamoto’s childhood nickname of ‘Shaikho’. Nakamoto came from Hal Finney, who helped him to create Bitcoin. Dorian Satoshi Nakamoto lived in the same California neighbourhood as Finney. He was later mistakenly identified as the Bitcoin creator by Newsweek. Satoshi Nakamoto is the number 55 in Chaldean numerology, representing the total and complete man. Finney also provided remote computers to work on, leading some to speculate that Nakamoto had been based in California. He had actually started his work in Pakistan, later travelling between Pakistan and the UK. ‘Nakamoto’ describes Finney as his Steve Wozniak, the technical genius who partnered Steve Jobs at Apple. The Best Is Yet To Come So part one of ‘My Reveal’ is detailed, fits some of what we already know about Nakamoto, and explains some of the things that we didn’t know. And the best bit is that we don’t have to wait too long for parts two and three. Part two, available at 4pm EST today, will reveal more about how Nakamoto’s belief in Chaldean numerology influenced many of his decisions regarding the development of Bitcoin. It will also give all the facts about his 980,000 BTC personal stash. Then part three will be published just 24 hours later. Will we finally learn Satoshi Nakamoto’s real-life identity, and his vision for the future of Bitcoin? Craig Wright must be quaking in his loafers… or sitting smug in the knowledge that this is just a ploy, and he is the real… nah, just kidding, quaking in his loafers. Do you think this time Satoshi Nakamoto will finally reveal his/herself? Let us know your thoughts in the comment section below! Images via Shutterstock The post The Latest Satoshi Nakamoto ‘Reveal’ Is Actually Quite Compelling appeared first on Bitcoinist.com.
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