Bitcoin Bears Get Boost with Swiss Short Notes Offering Limited Loss Potential

Bitcoin Bears Get Boost with Swiss Short Notes Offering Limited Loss Potential
Source: Dailysatoshi.com

Up until today, market sentiment has been all bull on the world’s most popular cryptocurrency, bitcoin. News of pending futures from Chicago by Christmas, price upticks, and all-time highs ignore bears altogether. Now from Schweiz comes the first set of bitcoin short notes designed to profit from price drops. Also read: Putin Advisor Bearish on Bitcoin: ”The Cryptoruble Must Compete With Cash” Bears Not Extinct Bloomberg’s Quint reports, “New certificates could usher in more two-way price movement in what has largely been a one-way market so far,” referring to markets’ bull preference when it comes to bitcoin futures. As has been widely reported, Chicago Merc (CME) will create a futures market for bitcoin before year’s end. However, bitcoiners are well aware that price fluctuations, though trending ever-upward, can rollercoaster to rather low-lows. And especially for the droves of newer investors…

Read More

Ripple CEO and Ethereum Co-Founder Bash ICO Industry

Ripple CEO and Ethereum Co-Founder Bash ICO Industry
Source: Dailysatoshi.com

In a recent interview, Ripple chief executive officer, Brad Garlinghouse, and Ethereum co-founder, Joseph Lubin, have criticized the current state of the ICO industry. The pair expressed concerns that although many “high-quality projects” are using ICOs as a fundraising vehicle, numerous “copycat projects” have raised money without “intend[ing] to deliver any value to the people buying the tokens.” Also Read: China’s Central Television Warns of the Risks of Cryptocurrency OTC Trade Ripple’s CEO Believes That Regulators Need to Catch up With the ICOs Industry Ripple CEO, Brad Garlinghouse, expressed his belief that “a lot of what’s happening in the ICO market is actually fraud,” also mentioning the increasing number of ICOs facing litigation. Although concerned by the actions of many token sales, Garlinghouse expects that said fraudulent activity will “stop” once regulators catch up with the industry. Garlinghouse also asserted that…

Read More

Amaury Séchet Proposes New Bitcoin Cash Address Format for January 14

Amaury Séchet Proposes New Bitcoin Cash Address Format for January 14
Source: Dailysatoshi.com

This week, the lead developer for Bitcoin ABC, Amaury Séchet, sent out a proposal via the developer’s mailing list to upgrade the address format for the Bitcoin Cash (BCH) network. Séchet says the need to change the address format is “pressing” and the developer suggests aiming for deployment around January 14, 2018. Also read: Meet the New Bitcoin Cash P2P Exchange Localbitcoincash.org Bitcoin ABC Developer Amaury Séchet Proposes New Bitcoin Cash Address Format Back in October, news.Bitcoin.com reported on BCH developers discussing a change to the network’s current address format. Right now, there have been issues with people sending BCH to BTC addresses or vice versa; making the mistakenly sent funds unspendable. Bitcoin ABC’s lead developer, Amaury Séchet, has announced proposing to fix this problem after the new year with a new address format called the “Cashaddr format.” The protocol is…

Read More

Coinbase Announce Cryptocurrency Custodianship as Institutional Money Floods In

Coinbase Announce Cryptocurrency Custodianship as Institutional Money Floods In
Source: Dailysatoshi.com

It’s hard to keep pace with the spate of stories surrounding institutional support for bitcoin right now. From futures contracts to bitcoin trading desks, big money is pouring into cryptocurrency. Coinbase have thrust their weight behind the growing movement, announcing a digital custody custodianship for institutions amidst a slew of similar global stories. See also: Wall Street Fears Bitcoin Futures Will “Destabilize the Real Economy” Big Money Gets a Big Vault One of the biggest deterrents for institutional investors eyeing an entry into the bitcoin market is risk. Aside from risks that are inherent to the digital currency’s volatility, there’s the risk associated with holding the coins themselves. With billions of dollars at stake and no recourse should unauthorized parties make off with the funds, securing crypto assets is a major headache. Enter Coinbase. In a blogpost published yesterday, CEO Brian…

Read More

Local Japanese Government Considers ICO to Revitalize Region

Local Japanese Government Considers ICO to Revitalize Region
Source: Dailysatoshi.com

A local Japanese government is considering a municipal initial coin offering (ICO) in order to raise funds to revitalize the region. It has partnered with private enterprises to begin research into how to launch the mooted ICO. Also read: Sberbank Apologizes for Buying Nearly All Graphics Cards on the Russian Market Japanese Government Planning an ICO Nishiawakura, a village located in Okayama Prefecture, has announced that it will “begin a joint research for the introduction of a local government ICO.” The village has a population of approximately 1,500 and forests that occupy about 95% of its total area. In 2009, its “100 Year Forest” project was initiated with the aim of creating a beautiful “high-quality countryside.” According to the announcement: We have actively worked on unique measures to revitalize the region. In order to continue investing in such sectors and realize…

Read More

Zangll, Bringing the Blockchain to Vacation Rentals

Zangll, Bringing the Blockchain to Vacation Rentals
Source: Themerkle.com

Currently, the global rental market is estimated at 500 billion dollars with a 10% growth rate annually. Airbnb has about 6% of that current market with a market cap of 30 billion and revenues of 4 billion a year.  Airbnb represents a startup that’s looking to capitalize on the market of trust between renters and owners. For their guarantees, they charge a 12% commission fee to the owners and 3% commission to the tenants. Disclosure: This is a Sponsored Article However, Airbnb’s service still cannot guarantee quality service to the customer. Owners may choose to renege on their obligations at the last moment, and quality of the owner’s property may be fabricated by fake ratings and photos. Zangll is able provide a more secure vacation renting service with a rating system that ensures genuine feedback for all involved in a…

Read More

How to Secure Your Cryptocurrency Wallet: 16 Simple Tips for Beginners

How to Secure Your Cryptocurrency Wallet: 16 Simple Tips for Beginners
Source: Bitcoinist.com

Literally millions of people have joined the world of cryptocurrencies recently. For example, Coinbase, one of the biggest cryptocurrency exchanges, has added around 2 million new clients within two months. Blockchain.com, the major electronic wallet, found its client base increase by 1.8 million during the same time frame. Most of these people are newbies, unacquainted with security issues and risks that surround complex but currently profitable cryptocurrency realm. This makes them easy targets for cybercriminals and thieves. One popular crime which is conducted on cryptocurrency traders is the phone-porting attack. Crooks monitor social media in search of cryptocurrency discussions wherein people publish their emails and phone numbers for quick connection. After that, hackers use various social engineering techniques and posing as a victim, call the telephone provider and trick the customer support rep into transferring the telephone number to a…

Read More

Black Friday Promotion: +1 Free Ticket to Blockchain & Bitcoin Conference Cyprus

Black Friday Promotion: +1 Free Ticket to Blockchain & Bitcoin Conference Cyprus
Source: Bitcoinist.com

On November 30, Blockchain & Bitcoin Conference Cyprus will hold a pitch session, allowing blockchain software manufacturers to present their new projects to investors and mass media.  [Note: This is a press release.] Blockchain & Bitcoin Conference Cyprus is dedicated to the latest trends and innovations in cryptocurrency and blockchain technology sectors. The event will involve developers and providers of various solutions based on bitcoin and blockchain technologies as well as mining and IT companies. All participants will be able to take the floor on the stage within 5 minutes and tell the audience, investors and mass media about their own projects. All exhibition attendees could talk to participating companies in the exhibition area and ask them questions. B&BC Cyprus will present 16 projects, including such crypto companies as FinTech, NAGA, Paymon (platform for fast cryptocurrency transactions), YoBit.Net online exchange,…

Read More

US$2b of capital available for FinTech start-ups through Singapore FinTech Festival 2017’s Investor Summit

US$2b of capital available for FinTech start-ups through Singapore FinTech Festival 2017’s Investor Summit
Source: Bit-media.org

SINGAPORE, Nov. 18, 2017 /PRNewswire/ — Over 1,000 attendees, comprising investors and FinTech start-ups, turned up at the Singapore FinTech Festival’s Investor Summit or “Deal Day” today, and up to US$2 billion of capital was made available for the start-ups. The Investor Summit was the finale of the four-month long matchmaking programme to provide opportunities for FinTech start-ups to access funding from local and global investors. More than 1,000 FinTech start-ups and 400 investors indicated interest to participate in the process and 525 connections were made among interested parties.     The Investor Summit, powered by Ernst & Young (EY), is organised by the Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore, as part of the 2017 Singapore FinTech Festival. The Investor Summit wraps up the week-long Singapore FinTech Festival which saw more than 30,000 participants from over 100 countries.     Mr Sopnendu Mohanty,…

Read More

Dashing Forward – BANKEX Develops World’s First Working Plasma-like Protocol Bringing Vitalik Buterin’s Idea to Life

Dashing Forward – BANKEX Develops World’s First Working Plasma-like Protocol Bringing Vitalik Buterin’s Idea to Life
Source: Bitcoinist.com

The BANKEX technical team has recently announced they have developed the world’s first private blockchain that supports the Plasma Protocol for public audit which will allow users to transfer different assets directly to each other leaving intermediaries behind and solving one of the most pressing problems of the current crypto world – high gas consumption. The Plasma-like protocol open source code is already available here. [Note: This is a sponsored article.] Inspired by the Plasma project’s working draft written by Vitalik Buterin and Joseph Poon, the BANKEX team has successfully completed the development of the first working version of the protocol after successfully developing its demo during a 36-hour hackathon. The protocol can sufficiently reduce the load of the main Ethereum blockchain by redirecting transactions into a subsidiary blockchain, thus creating faster and cheaper transactions. Low transaction speed is not…

Read More

Four Altcoins That May Boast Immense Potential

Source: Coinspeaker.com

Bitcoin’s historic surges may not prompt wider adoption, as there are still major doubts about its security. In 2014, hundreds of thousands of Bitcoins, costing the users of exchange MtGox $460 million, were “lost”. Although a hefty chunk of these lost coins was recovered, faith in the currency has hardly fully rebounded. Thankfully, blockchain, the technology behind Bitcoin, is completely open source, and lots of digital currencies aimed at improving the distributed ledger model have already been created. These promising alternatives have attracted more users, who seek improved or additional features. Some new tokens are even beginning to impinge on Bitcoin’s authority, and may prove to be wise forward-looking investments. Let’s check out 4 altcoins, which may boast immense potential: Ethereum currency and same-named blockchain platform allow developers create decentralized applications. Users work to garner Ether, which powers the platform itself. Its smart…

Read More

HydroMiner: Crypto Mining Pioneer Or Fools Gold?

Source: Btcmanager.com

An arpeggio acoustic guitar line drips over a flowing blue background as the video opens. We cut to a young woman poking at a laptop, exhaust from cooling fans making her hair dance, as she talks about how she only heard of mining just recently. A four people beat thumps in the background, and several other young people appear, speaking in thick accents and extolling the virtues of mining using renewable energy. Bitcoin’s Energy Problem The scene above is the intro video for HydroMiner, a startup founded by a media studies graduate, and an East Asian art history degree holder. They claim they have a solution for the Bitcoin power problem. In a recent study, Citi Analyst Christopher Chapman suggested that the price of a single bitcoin will need to meet or exceed $1.5 million in to remain profitable. The analyst claims…

Read More

Gox ICO? CEO Karpeles Floats Token Sale to Revive Bitcoin Exchange

Gox ICO? CEO Karpeles Floats Token Sale to Revive Bitcoin Exchange
Source: Coindesk.com

A Mt Gox initial coin offering (ICO)? It’s not unthinkable, according to the defunct bitcoin exchange’s controversial CEO. In a blog post published yesterday, Mark Karpeles detailed possible avenues for reviving Mt Gox, the once-dominant Japanese bitcoin exchange that collapsed amid allegations of fraud and mismanagement in early 2014. Hundreds of millions of dollars worth of bitcoin – at then-current prices – were feared lost, though ultimately 202,000 BTC were retained as assets, under the custody of a trustee. In the aftermath, Mt Gox entered bankruptcy, and has since been at the center of an acrimonious, years-long claims process, including a $75 million claim from CoinLab. Prosecutors in Japan later charged Karpeles with embezzlement, with that trial beginning earlier this summer. The blog post also addressed a recent bone of contention: while the value of the remaining Gox BTC has swelled…

Read More

Scalability is Now Top Priority for Crypto Development Teams

Source: Crypto-news.net

As thousands of new users enter the crypto space daily, the scaling issue has become the top concern among development teams. Although Bitcoin’s value has reached record highs, the network is struggling to keep up with the increasing transaction volume. Other cryptos are also seeing substantial growth, and teams are taking proactive steps to ensure that their networks can scale to meet demand. As cryptocurrency marches toward the mainstream, meeting this challenge will be the most significant factor in a crypto’s survival. As the flagship cryptocurrency, Bitcoin’s ability to scale represents the most significant challenge in the crypto space. Although miners and developers have been unable to reach a clear consensus on a scaling solution, the adoption of Segregated Witness in August will enable implementation of the Lightning Network. Currently in alpha, the Lightning Network will allow transactions to be…

Read More

Now the SegWit2x Hard Fork Has Really Failed to Activate

Now the SegWit2x Hard Fork Has Really Failed to Activate
Source: Bitocoinmagazine.com

In case there were any remaining doubts, it now seems clear that the SegWit2x hard fork will not happen.The SegWit2x project, a product of the New York Agreement signed onto by a long list of companies and miners in May, had scheduled a hard fork to double Bitcoin’s block weight limit today. And while the controversial effort was suspended by leaders of the project last week, this would not have stopped anyone else from proceeding with it. Companies like Coinbase were indeed taking into account that the SegWit2x hard fork could still happen.The Fork That Wasn’tSegWit2x nodes — most notably btc1 — were programmed to fork away from the Bitcoin blockchain this afternoon (UTC) to create the SegWit2x blockchain and a new currency, often referred to as B2X. However, not a single SegWit2x block has been mined since fork point,…

Read More

Experty To Disrupt $470 billion Consulting Industry Through Decentralized Platform

Source: Btcmanager.com

The consulting industry is a $470 billion industry and quickly growing, but despite its move into the digital world, consultations are still stuck in the prehistoric age. Why is it that every time there is a problem with your computer, you have to drive down to the computer store just to know what’s wrong with it? Why do plumbers have to drive to your residence just to tell you that you need a new PVC pipe for your kitchen sink? There has got to be a better way. Experty: Blockchain-Based Consulting Imagine being able to pick up your smartphone at any hour and talk face-to-face with an expert about that grinding sound your car is making. How much easier would it be for your phone to settle the payment for you, without having to give out your credit card number to…

Read More

Smart Contract Security Startup Announces Token Sale

Smart Contract Security Startup Announces Token Sale
Source: Bitcoinist.com

SAN FRANCISCO, NOVEMBER 16, 2017 — Since June 2017, the number of Ethereum smart contracts has quadrupled from 500,000 to over 2 million. [Note: This is a press release.] Quantstamp Momentum Confirms Demand to Secure Smart Contracts on Ethereum For cryptocurrencies and blockchain changemakers, it seems like a good thing. That is until there’s a hack. And few companies are equipped to maintain scale with the exponential growth and unyielding complexity of smart contracts. For this reason, Quantstamp is being considered one of the most promising blockchain companies of 2017. Now the fastest growing channel on Telegram, the crypto community following has skyrocketed to 230 times its audience in September. Launching the first automated security-audit protocol designed to find vulnerabilities in Ethereum smart contracts, co-founders Richard Ma and Steven Stewart recognize the value of building a foundation of blockchain community…

Read More

UBS CIO: We Aren't Getting Involved With Bitcoin

UBS CIO: We Aren't Getting Involved With Bitcoin
Source: Coindesk.com

Financial services giant UBS has no plans to get involved with bitcoin or other cryptocurrencies, according to one of its senior executives. In an interview with Bloomberg, UBS chief investment officer Mark Haefele said that a lack of government oversight and “critical mass” around cryptocurrencies is keeping the company – Switzerland’s largest bank – out of the market. Haefele also said that the idea the government could crack down on bitcoin, citing its possible use for terrorism financing, has also dampened any prospects of UBS getting involved. He told Bloomberg: “All it would take would be one terrorist incident in the U.S. funded by bitcoin for the U.S. regulator to much more seriously step in and take action. That’s a risk, an unquantifiable risk, bitcoin has that another currency doesn’t.” Because bitcoin isn’t sponsored or backed by any government, it…

Read More

Banking Mogul Calls Bitcoin A Ponzi Scheme

Source: Btcmanager.com

While the value of bitcoin is again at it’s peak, the banking sector has its reason to doubt and malign the reputation of the cryptocurrency. Recent claims made by one of the most important banks in Southeast Asia pour more doubt on the inefficacy of digital currency.  DBS Criticizes Bitcoin On 14 November, The Development Bank of Singapore (DBS) group Chief Information Officer, David Gledhill, told CNBC that they, “see bitcoin as a bit of a Ponzi scheme.”  Bitcoin transactions are incredibly expensive and, “all the fees are hidden through the crypto-mechanisms,” explained Gledhill. “We don’t think DBS being in that game right now is going to create a competitive advantage for us.” But if you ask a bank to move $100,000 from one country to another, the fees offered by bitcoin would be much lower than the bank. For…

Read More

Crypto Trading and Traditional Assets: New Options for Investors

Crypto Trading and Traditional Assets: New Options for Investors
Source: Bitocoinmagazine.com

While trading of crypto-assets is booming, some investors are looking for options to trade traditional assets like stocks via cryptocurrencies. Three new operators are among those developing trading platforms to meet this need, with blockchain-based tokens pegged to the underlying assets.AnkorusAnkorus is establishing a platform that will permit trading traditional assets, including stocks, bonds, futures, options, gold, silver, commodities, ETFs, FX and bitcoin futures with cryptocurrency. “Ankorus will establish an online exchange populated by any financial asset currently available worldwide,” reads the Ankorus white paper. “Various auditing measures will be taken to establish transparency, and customers will be able to validate that tokenised assets are fully backed and held by Ankorus.”To enable cryptocurrency holders to buy real-world financial assets, Ankorus will create and allocate tokens that are exactly value-pegged to the underlying assets in exchange for cryptocurrency. Ankorus will hold…

Read More

Blockchain Coalition Seeks to Make Bitcoin Welcome in Wyoming

Blockchain Coalition Seeks to Make Bitcoin Welcome in Wyoming
Source: Bitocoinmagazine.com

A group of people are on a mission to bring Bitcoin back to the state of Wyoming after unfriendly laws made it impossible to transact with cryptocurrencies there more than two years ago.The Wyoming Blockchain Coalition announced its formation this week. Its volunteer members aim to create a legal and regulatory environment in the state that welcomes cryptocurrencies and blockchain technology companies with open arms.Among the group’s advisors are Patrick Byrne, CEO of Overstock — Byrne lives in Utah but has been a Bitcoin advocate for years — a former Wyoming governor, and two deans and a computer science department head from the University of Wyoming.Outdated LawsBitcoin used to be welcome in Wyoming. But a 2015 interpretation of the Wyoming Money Transmitters Act (which the state passed in 2003, years before Bitcoin even existed) by the Wyoming Division of Banking…

Read More

Galaxy eSolutions Launches The First Ever ICO For Refurbished Consumer Electronics

Galaxy eSolutions Launches The First Ever ICO For Refurbished Consumer Electronics
Source: Coinidol.com

Nov 17, 2017 at 20:20 // News With Pre-Sale of Galaxy eSolutions’ GES token to start on 17th November at 12:00 UTC, it is the first ICO to launch for refurbished consumer electronics. Founded 2016 in Hong Kong, the international trading hub, Galaxy eSolutions (GES) is a global e-commerce marketplace and distribution in refurbished, pre-owned, consumer electronics specifically smartphones. By repairing and renewing the smartphones for extended product life to help save up resources GES is positions itself as a Green company in the refurbished smartphones market.  GES plans to ultimately change the smartphone industry, by capturing large global markets such as India that are quick at adopting pre-owned smartphones. As the whole process from sourcing, to refurbishing and distributing is managed by Galaxy eSolutions it gives more quality control and fast distribution services.  The vision of becoming the global…

Read More

University of Cambridge Prints Circuits on Clothing

University of Cambridge Prints Circuits on Clothing
Source: Themerkle.com

Wearable electronics have been hailed as the future of personal technology. Many have tried, but often these devices end up being bulky, heavy, or potentially dangerous. However, there may be a breakthrough yet. Researchers at the University of Cambridge may have pushed the industry in the right direction with their latest creation. Printing Fully Integrated circuits onto fabric Being able to wear circuits will change the way we live, the way we interact with one another, and the way we see the world. It could dramatically change the nature of what we expect from our clothing. No longer will they just be style statements, garments to cover our bodies, or tools to help us stay warm; no, now we’ll expect them to help us find Wi-Fi, to listen to our music… who knows, maybe even to help us transact with one another in Bitcoin. The University of Cambridge,…

Read More

Launch of SegWit2x Turns Into one big Joke

Launch of SegWit2x Turns Into one big Joke
Source: Livebitcoinnews.com

As was to be expected, SegWit2x eventually launched. Without much of the fanfare originally associated with it, mind you. A small group of developers and miners decided to go ahead with this fork anyway. Whether or not this was a smart decision or not, remains to be determined. The launch itself has not gone off without a hitch. In fact, the nodes are struggling and the network has come to a standstill. It was evident this hard fork would not go ahead without issues. More specifically, there seems to be a very little mining support for this network. Not surprising, as it has virtually no backing whatsoever. There is also some controversy over the code itself, which seems to be largely untested.In the end, it’s not surprising to see the network stuck on block 494.782. The Bitcoin network is 16…

Read More

Blockchain’s Future As The Future Of Democracy

Source: Btcmanager.com

Blockchain technology can revolutionize and optimize democracies in ways that will change the fabric of our societies for the better. It seems only a matter of time until democracies move on-chain.    Blockchain Offers Fixes When Democracy Needs Them Most Over the past several thousand years, one of the most rousing trends in human civilization has been our collective and steady democratization.   There were early blips, like the rising of the free peoples of Athens in ancient Greece. And things have moved much more rapidly in recent centuries, as the age of tyrants and kings were dealt a death blow by the age of constitutions and freedom. Now, blockchain technologies are being hailed as the next major milestone in the democratization of humanity. And these cutting-edge technologies have the potential to perfect contemporary democracies in ways that previously were…

Read More

First Ever Cross Chain Atomic Swap Between Bitcoin and Litecoin a Success

First Ever Cross Chain Atomic Swap Between Bitcoin and Litecoin a Success
Source: Bitcoinist.com

The Lightning Network brought to Bitcoin with Segwit enables users to instantly exchange Bitcoin for Litecoin and vice versa. The first ever transaction between the two coins has now happened. Segwit (short for Segmented Witness) brought with it many new exciting features for Bitcoin when it was implemented in August this year, not least of them atomic swaps and the Lightning Network. The Lightning Network is an off chain network, that can, among other things, help reduce the load on the main Bitcoin blockchain. Billions of transactions can theoretically be made instantly through the application of smart contracts. Transfers are made with other parties with a 10-day lock-in period, allowing the exchange to either occur between the two parties or have them cancel and be refunded. The first swap can be seen taking place on the YouTube video below. it was…

Read More

Britznbeatz Music Team Announces Date For The Hottest Music Pre-ICO

Britznbeatz Music Team Announces Date For The Hottest Music Pre-ICO
Source: Coinidol.com

Nov 17, 2017 at 19:20 // News Have you ever wished there was a social media platform purely focused on your musical needs; where you could connect with everyone in the music industry, from engineers to singer-songwriters? Well, we’re here to tell you that your wishes have been fulfilled in the form of new music social network called Potentiam. Have you ever wished there was a social media platform purely focused on your musical needs; where you could connect with everyone in the music industry, from engineers to singer-songwriters? Well, we’re here to tell you that your wishes have been fulfilled in the form of new music social network called  Potentiam. So, what is Potentiam? It is a decentralized and incentivized collaborative music ecosystem. In a nutshell, it is a new way for emerging music talents to establish themselves. It…

Read More

Some Facts About The Project DateCoin

Source: Coinidol.com

Nov 17, 2017 at 19:17 // PR DateCoin – represents the world’s first Dating service that uses intelligent algorithms and the technologies of neural network on the basis of already operating successful business model (MVP – app Denim) and has a program of a buy-back on the blockchain. The aim of the project is to create a unique intelligent dating service that will give an opportunity to quickly search and succesfully meet the perfectly matched partners. What problems will the project DateCoin be solving? Nowadays, existing online dating services in most cases turn out to be ineffective in finding partners – users are regularly confronted with an abundance of low-quality or even non-existent profiles, useless filtering algorithms, hidden payments and fraud. The IT-project DateCoin will provide its users with a fast and high-quality selection of partners based on a face…

Read More

The Fashion Industry May Soon Get Help From Artificial Intelligence

The Fashion Industry May Soon Get Help From Artificial Intelligence
Source: Themerkle.com

Not every development in the world of artificial intelligence needs to be feared. In most cases, these new technological tools will improve many aspects of our daily lives. Researchers at the University of California at San Diego have partnered with Adobe to create a new fashion-oriented AI. Not only will it learn about your personal fashion style, but it can also make suggestions based on your preferences. It’s an interesting development, to say the very least. AI Continues to Evolve in Different Directions There are many potential use cases for artificial intelligence; that much is evident. While there is plenty of focus on AI disrupting automation and even finance, Adobe has a very different plan. More specifically, it wants to help people upgrade their fashion sense by offering visual improvements to their clothing style. This will be done by teaching the AI about the end user and making suggestions…

Read More

How Bitcoin Has Breathed New Life Into Bitcoin Casino Betbit.com

Source: Coinspeaker.com

According to the platform’s operator, the virtual currency has brought important advantages that will allow the casino to compete with other live gaming providers. The bond between bitcoin and the online gaming sector is obvious. The cryptocurrency seems to be perfect for the industry given the benefits it offers live casino operators. Still, it may not be clear what impact the digital currency has on the live gaming providers and why. In a recent conversation with the operator of bitcoin casino Betbit.com, Dan Michaels, we found out how the digital currency has influenced their business. Betbit.com is the Malta-based live casino platform specializing in the live dealer games and accepting digital currency as the means of payments. When asked about the positive impact of bitcoin integration, Dan commented: “That’s easy, the biggest advantage of using bitcoin is the cost savings…

Read More

Ethereum Could Soon Launch Its First Casper Testnet

Ethereum Could Soon Launch Its First Casper Testnet
Source: Coindesk.com

Ethereum developers are looking to use code for their experimental Casper proof-of-stake protocol as the basis for a new test network. During a core developer meeting today, ethereum founder Vitalik Buterin said that not only is Casper ready to be tested, but that it could provide a security boost when testing code across clients. It’s a prospect that could come as a relief to developers, particularly those working on projects that must interface with the network’s varied client offerings. This is because the only cross-client test environment, Ropsten, is currency built using proof-of-work (like the main ethereum network), and because there are so few miners supporting that particular chain, it’s a frequent target for attack. The remaining testnets, Rinkeby and Coven, use a proof-of-authority protocol to help remove these threats, but the lack of interoperability is far from ideal for…

Read More

Neuromation Is One Of The Novelties Of The Blockchain Industry

Neuromation Is One Of The Novelties Of The Blockchain Industry
Source: Coinidol.com

Nov 17, 2017 at 18:34 // News Neuromation is a decentralized network built on smart contracts and a blockchain. It is created to organize the trade of the components of AI models. The Platform uses distributed computing along with blockchain proof of work tokens to revolutionize AI model development. Neuromation can also do retraining and maintenance as required. Neuromation can also help if you need to improve the existing model with additional data points (synthetically generated).  Supposedly, you need to create an application that will predict something or recommend it, recognize images or voices. You need to be an expert in the machine learning and its complex and advanced sections such as Deep learning, large training samples and complex algorithms, servers for receiving and processing data from users, facilities of the storage and the processing of large data. If you…

Read More

South Africans Now Have a Cost-efficient Way of Accessing Ethereum

Source: Btcmanager.com

A South African exchange called Luno is now enabling users to buy Ethereum’s cryptocurrency, ether, at the lowest price in the market. Unlike what many people may think, Luno is one of the oldest Bitcoin exchanges in the World. Formerly known as BitX, Luno was established in 2013 in the UK and maintains operations in over 40 countries. With time, Luno has built a reputation and is now well-known for being one of the most affordable Bitcoin exchanges in the world. Luno recently made investing in cryptocurrency a whole lot cheaper in South Africa, thanks to its support for Ethereum. Before the company began its support for Ethereum, South Africans wanted to buy ether, or other altcoins, would need to go through a cumbersome process to have access to these cryptocurrencies. South Africans had to purchase bitcoin from Luno, send…

Read More

Blockchain and Identity Verification (IDV) THEKEY will Start a Revolution on Internet IDV Solution

Blockchain and Identity Verification (IDV) THEKEY will Start a Revolution on Internet IDV Solution
Source: Themerkle.com

Recently, THEKEY project team has made an official announcement about establishing an Identity Verification (IDV) ecosystem based NEO blockchain. The results generated from the IDV system are undeniable and unalterable. The team embraces more than 20 years’ experience on processing and developing individual Big Data. Currently, THEKEY has connected personal identity data of 210 million people in 66 cities authenticated by the relevant government authorities, on a real-time basis. The team has already obtained 23 relevant copyrights, and 15 patents have been accepted by SIPO (State Intellectual Property office of the P.R.C) and start attestation process. The combination of blockchain technology and IDV will pave the way to migrate people from the real world to the online world. The history of IDV The earliest documented identity proof in China is the “Fish Tally” from Sui and Tang dynasty, which was…

Read More

Bitcoin Hits $8,000 as the Segwit2x Hard-Fork Fails

Bitcoin Hits $8,000 as the Segwit2x Hard-Fork Fails
Source: Bitcoinist.com

Bitcoin renewed its unrelenting trajectory into the stratosphere and reached a fresh all-time high of $8,040 USD during intraday trading on November 17, 2017. On the same date, a group of developers unsuccessfully attempted to implement the Segwit2x hard-fork. Segwit2x Revisited Bitcoin punctured the $8,000 USD resistance price level. The Bitcoin surge occurred as a group of developers attempted to implement the Segwit2x hard-fork of Bitcoin’s blockchain. However, as of this writing, the Segwit2x team has not yet been able to succeed with the implementation of the hard-fork. Because of the Segwit2x hard-fork, as a precautionary measure, Bitcoin exchanges and Bitcoin wallet service providers, such as Coinbase, GDAX, and CoinHako, temporarily disabled the Bitcoin send/receive functions on November 17, 2017. For some reason all btc1/B2X nodes seem stuck at block height 494782 instead of 494783. (The fork was supposed to…

Read More