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    BTC RIP p2p on btc

    July 12, 2021

    BTC RIP p2p on btc

    RIP p2p on btc

    Posted: 11 Jul 2021 06:01 PM PDT

    The Tether and BTC relationship explained ♻️

    Posted: 11 Jul 2021 04:42 PM PDT

    The Potential Orwellian Horror of Central Bank Digital Currencies

    Posted: 11 Jul 2021 05:17 PM PDT

    Why is Bitcoin.com Exchange promoting Lightning? ��

    Posted: 11 Jul 2021 08:35 AM PDT

    BCH Clips about BCH Argentina

    Posted: 11 Jul 2021 06:16 PM PDT

    Circle Isn't Winning the Stablecoin Transparency Race | Koning

    Posted: 12 Jul 2021 02:04 AM PDT

    Bitcoin Cash and SmartBCH

    Posted: 11 Jul 2021 02:45 PM PDT

    Historic Power Plant Decides Mining Bitcoin Is More Profitable Than Selling Electricity

    Posted: 12 Jul 2021 12:04 AM PDT

    Noise.cash user runs a betting game on BCH and Ethereum. While Ethereum bets went unconfirmed for long periods. BCH performed flawlessly.

    Posted: 11 Jul 2021 03:12 AM PDT

    Weekly Roundup: Bitcoin is a “miracle,” Sygnum becomes first bank to support ETH 2.0 staking, Visa customers spend over $1 billion on cryptos in six months

    Posted: 12 Jul 2021 03:14 AM PDT

    Podcasting 2.0 with BCH instead of BTC/Lightning

    Posted: 11 Jul 2021 03:09 PM PDT

    Adam Curry promoted [podcastindex.org](podcastindex.org) which is the project page for what he calls Podcasting 2.0. It's basically a namespace addition for RSS feeds that allows for inclusion of a value XML tag where a lightning node can be specified so creators can receive boosts (I.e. one time payments) and streaming payments per a specific interval. It's called Value4Value and meant to give podcast creators a way to monetize the podcast without being concerned with finding ads to promote or possibly self censorship because an ad partner doesn't approve of certain content. It's a noble idea to preserve decentralized censorship free podcasting.

    To enable this one has to obviously edit the RSS feeds, which most podcasters won't be able to since they don't self host but use a 3rd party podcasting service. To mitigate this, podcastindex.org has a list of all podcast to which you can add yours through podcasterwallet.com where a lightning node id can be entered. All apps/services using podcastindex.org as their feed source will then be served the feed and the new tag with the node id. Through a growing number of podcast apps and websites one can now listen to those Value4Value enabled podcasts and fund a wallet which will then be used to "stream" payments to the podcast creator and send boost payments.

    It's a pretty involved process for the podcast creator, most aren't technically enough inclined to figure out how this all ties together. On top of that it uses lightning and you have to run a node or use a service that does that for you. So a pain in the but to develop for compared to the good old node RPC api.

    Two thoughts: I think BCH is a better candidate for this for both podcast creators (no need to mess around with lightning) and developers. The other issue I have is that enabling Value4Value has to be done by modifying the RSS feed in a way most podcasters won't be able to (hence the proxying by podcastindex.org) wouldn't it be easier if podcasters could just add their BCH address somewhere in the episode description? This also has the added benefit that podcastindex's feed API then doesn't become the single point of failure.

    Any thoughts on podcasting 2.0 in general or if it's worth developing a site/app with BCH support?

    submitted by /u/thegoodsamaritan777
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    How to obtain income by placing your cryptocurrencies in term by staking

    Posted: 12 Jul 2021 02:56 AM PDT

    Staking is the technique that allows investors and savers to obtain passive returns by depositing their cryptocurrencies. To do staking, all you have to do is deposit a cryptocurrency in an exchange that allows you to stake and wait to obtain rewards for said funds. The idea is similar to depositing your money in a savings account. The process of staking through an exchange is quite simple.

    Staking with cryptocurrencies

    To define what staking is, the first thing to do is to be clear about the differences that exist between the two main Blockchain consensus mechanisms: Proof of Work and Proof of Stake.

    Proof of Work (PoW): it is the mechanism used in the Bitcoin blockchain. In this system, miners compete with each other to confirm transactions and produce new blocks on the chain for rewards. The miners solve math puzzles to verify that the transactions are correct and the first miner to solve the math problem gets the reward. Once the transactions have been verified, a new block is added to the blockchain. The main problem with Proof of Work is that it requires a lot of computing power and therefore electricity, which is not good for the environment.

    Proof of Stake (PoS): it is a system based on the economic participation of users who have cryptocurrencies. The validator nodes are randomly selected from the users who have that cryptocurrency. Users with more reservations are more likely to be chosen to validate transactions. However, in order to maintain overall participation in the network, users with less money can also be chosen, although with a lower probability. It is a more ecological and sustainable mechanism than the Proof of Work.

    Staking

    The action of participating in the Proof of Stake process is known as staking. Staking participants leave their cryptocurrencies locked in deposit in order to have the option of being selected by the protocol to validate a block. Users who deposit larger amounts have a better chance of being selected. That is, to do staking, all you have to do is deposit a cryptocurrency in a wallet that allows you to stake and wait to obtain rewards for the funds deposited. It is important to note that only cryptocurrencies that follow a Proof of Stake consensus mechanism can be staked.

    The idea is very similar to depositing your fiat money in a traditional bank and earning interest on those funds. The rewards that are received in staking depend on the cryptocurrencies deposited, how long you deposit them, how many cryptocurrencies there are in total in the network, and factors such as inflation. In fact, some blockchains follow the logic of traditional economics and offer rewards with fixed percentages to compensate for inflation.

    It is common for several cryptocurrency holders to pool their resources in a group to increase their chances of validating blocks and receiving rewards. Once the rewards are received, they are distributed among the group proportionally according to the contribution of each user. This is what is known as a staking pool.

    Binance

    There are two ways to do staking, from the cryptocurrency's own blockchain network or from an exchange. Doing it from the cryptocurrency's own blockchain network is somewhat more complex, although it brings more interest. On the other hand, staking from an exchange reports less interest, but the process is much easier. In this article, I will explain how to do staking from the well-known exchange Binance. I have opted for this exchange for its simplicity, but it can also be staked in the vast majority of exchanges (Coinbase, Trust Wallet, etc).

    If you don't have a Binance account, the first thing to do is create one. The process is simple and very similar to that of any other exchange. Once the account is created, you can buy cryptocurrencies on Binance's own website, or transfer them if you already have a portfolio with cryptocurrencies.

    Trying to staking

    Once inside the website, you have to go to the finance section and select "Binance Earn".In this next step, you must decide the cryptocurrency you want to use for staking. There are more than 20 different cryptocurrencies available for staking on the Binance exchange, each with different interests. You have to take into account the possible fluctuations in the prices that the chosen cryptocurrency may suffer during the days that you are going to deposit it. It is advisable to choose cryptocurrencies with more or less stable prices.

    The second issue to consider is the time one wants to deposit the funds. Binance offers different options for staking each cryptocurrency. I have chosen Cardano (ADA) and you can see how the annual interest rate varies depending on the duration of the deposit. For a duration of 60 days, the annual interest is 7.79%. For 30 days, the annual interest is 5.09% and for a flexible duration, where one chooses the number of days, the interest is only 0.48%. It is important to emphasize that the percentage of profit received for depositing the funds is annual. That is if, in the example shown you choose to deposit ADA for 30 days, the return percentage when the 30 days end will be 0.42% (5.09% / 12) on the amount deposited.

    Operation summary

    Once the cryptocurrency has been chosen and the time we want to deposit our funds, we must click on "Stake". For staking in this example I have chosen Cardano with a duration of 60 days. When you click on stake, a window opens in which you have to enter the amount you want to deposit. I have chosen to deposit 100 ADA. On the right-hand side, it shows us a summary of the operation. In my case, the staking date is 07/02/2021, which will reimburse me for possible benefits obtained 60 days later: 09/02/2021. The benefit obtained throughout these 60 days will be 1.28 ADA. This amount has been calculated as follows:

    • 7.79% / 365 = 0.02% (daily interest)
    • 0.02% * 60 = 1.28% (60-day interest)
    • 1.28% * 100 ADA = 1.28 ADA

    Once we confirm the purchase, a summary of the operation will be displayed in our account. The example shows the accumulated days of the deposit, the accumulated interest, and the estimated amount of the next distribution. The staking process through an exchange is quite simple. Most exchanges offer very intuitive platforms and have greatly simplified the process. Despite the fact that the interests in many cases are not very high, staking is a good option for cryptocurrencies to continuously generate small amounts of money.

    submitted by /u/yokesh351
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    https://www.asiantechpress.com/s-koreas-woori-bank-to-form-crypto-custody-joint-venture-with-coinplug.html

    Posted: 12 Jul 2021 02:43 AM PDT

    South Korea's Woori bank establishes a custody joint venture called D-Custody with Coinplug, one of the country's first bitcoin exchanges and a provider of blockchain financial services.

    https://www.asiantechpress.com/s-koreas-woori-bank-to-form-crypto-custody-joint-venture-with-coinplug.html

    submitted by /u/Bubbly_Technician_17
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    Binance Australia users consider class action over cryptocurrency exchange meltdowns (June 2021)

    Posted: 11 Jul 2021 04:47 PM PDT

    "You can save 94.6 % energy per transaction by using Bitcoin Cash (BCH) instead of Bitcoin (BTC) If the Bitcoin Cash (BCH) blocks is fully used for payments, the energy cost per transaction gets as low² as $0.01" ��

    Posted: 11 Jul 2021 05:46 AM PDT

    Most coins are just defacto stock tickers for the founders

    Posted: 11 Jul 2021 03:31 AM PDT

    Altcoins like Ethereum launched as a VC funded tech-startup company with a defined roadmap to show investors how the founders plan on growing the project with their funds. When the founders print themselves 10-50% of the supply and slowly cash out to "fund the growth of the project", what makes the project any different than a stock ticker like TSLA or WMT?

    The Ethereum Foundation sold $115,000,000.00 of ETH on Kraken at the literal top on May 17th. Jed McCaleb, founder of XRP, also sold about $275,000,000.00 dollars worth of XRP at the top in the month of May. Worst of all, most token holders don't own anything or have any rights to the company, unlike shareholders. ICOs are not cryptocurrencies any more than TSLA stock is a cryptocurrency.

    Founders are too greedy not to take advantage of the opportunity of printing themselves all the money to benefit from the speculation wave. A truly decentralized project doesn't need a roadmap, a roadmap is just justification/excuse for the founders controlling the money printer. Bitcoin developers are privately funded and most do it for free as a hobby. They don't need to print themselves money.

    submitted by /u/ShotBot
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    Darknet Update: Hydra Reigns, Monero Acceptance Climbs, Russian State Collusion Questioned

    Posted: 11 Jul 2021 01:45 PM PDT

    Criminals steal $45,000 in BTC during police money-laundering operation

    Posted: 11 Jul 2021 08:38 AM PDT

    SEC files insider trading charges years after iced tea company's 2017 blockchain 'pivot'

    Posted: 11 Jul 2021 08:44 AM PDT

    Crypto for the homeless - 4th of july week - gave out a huge amount of pizza - need more manpower/volunteers

    Posted: 11 Jul 2021 09:54 AM PDT

    “Tether hasn't printed anything in over 40 days, making it the longest stoppage since late 2019-early 2020.”

    Posted: 11 Jul 2021 04:41 PM PDT

    Razer's CEO Is Thinking About Accepting Cryptocurrencies as Payment

    Posted: 12 Jul 2021 12:02 AM PDT

    Bloomberg made a startling Instagram post today, mocking Binance, the world's most popular cryptocurrency exchange, and its founder Changpeng Zhao or CZ. The strangest thing on the bitcoin platform, according to the post, is Binance.

    Posted: 12 Jul 2021 12:01 AM PDT

    Bitcoin cash animal rescue - We are achieving amazing things.

    Posted: 11 Jul 2021 11:29 AM PDT

    Here's Why I Save My Money Into BCH

    Posted: 11 Jul 2021 12:48 PM PDT

    Vinny: "Because Doge developers are willing to experiment and take some risk on scaling L1. Doge is fundamentally forked Bitcoin code and Bitcoin Cash has proven that larger blocks can technically scale. No reason not to try and replicate it. Doge is a social currency."

    Posted: 11 Jul 2021 05:47 AM PDT
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