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Blockwart “To the moon!” While this cryptocurrency rallying cry is typically used as the price of a coin starts a climb, this time the slogan’s being used to demonstrate excitement over the progress that’s being made on a long-anticipated bitcoin code optimization. Called Schnorr signatures, the technology looks to replace bitcoin’s existing signature scheme with…
Blockwart Police have apprehended a Russian citizen believed to be the number two in an international cybercrime organization, the Bangkok Post reported. Sergey Sergeyevich Medvedev was arrested in Bangkok last Friday, Feb. 2, by the Thai Crime Suppression Division (CSD) on a request from the US Federal Bureau of Investigation. A laptop and documents…
Blockwart Several engineers at the Russian Federal Nuclear Center have been arrested for attempting to use one of Russia’s largest supercomputers for Bitcoin (BTC) mining, Interfax reports Friday, Feb. 9. The Federal Nuclear Center employs around 20,000 people and is located in the Sarov, a secret, previously unmarked city where the first nuclear bomb was…
Blockwart Published time: 13 Jan, 2018 Two electric power stations in Russia have been sold for the purpose of cryptocurrency mining, the Kommersant newspaper reported, citing sources. It is the first such deal in the country. The two power stations are in Perm Region, on the western slopes of the Middle Ural Mountains, and in…
Blockwart Blockchain regulation in Germany will get a “comprehensive strategy” and “legal framework advocacy” from government in a new push for legitimacy, according to a press release published by Blockchain Bundesverband on Wednesday, Feb. 7. A report from a consultation involving lawmakers and the lobby group Blockchain Bundesverband highlights a positive future for the technology,…
Blockwart Note: long-term we will have an abundance of power through Fusion Technology Blockchain and Energy – Two Peas In a Pod Blockchain technology is the underlying framework upon which most cryptocurrencies operate and it has become one of the most important technological advances in the 21st century. Simply put, a Blockchain is a…
Blockwart Note: this only applies to self-identified cryptocurrency holders; and those who store value in single wallets (and not spread them across many) Forbes, known for its “World’s Billionaires List”, published a list of the richest people in cryptocurrency for the first time, Tuesday Feb. 6. The goal of publishing such a list, according…
Blockwart There is little doubting why, in the run up to Bitcoin all time high of $20,000, people were entering the cryptocurrency market. There was a promise of massive growth, potentially huge returns on investment, and a story already told of missing out as an early adopter. People thus flooded the market, entering for…
Blockwart “My crystal ball is as good as yours.” Following a volatile few days in the crypto markets this week, with Bitcoin (BTC) dipping below $7000 for the first time since November, 2017, several crypto experts have predicted an overall bull run. Experts told CNBC today, Feb. 7, that the total market cap of…
Blockwart Note: interesting idea – but based on Ethereum, i.e. not Blockchain It might have started simple, printing small objects, but in the last couple of years, 3D printing technology has really outgrown itself. Now, it is both possible to 3D print tiny structures using living cells or print a whole house in 24…
Blockwart The man who helped invent the financial embargoes that cut off terrorist funding after 9/11 is concerned that cryptocurrencies could be used to undermine his creations. A former deputy assistant to U.S. President George W. Bush, and a former deputy national security advisor for combating terrorism, Juan Zarate is widely credited with helping create…
Blockwart Remember, there is only one real Blockchain: the Proof-of-Work (Bitcoin) Blockchain This illustrates (again) the difference of PoW to the rest: Feb 7, 2018 at 09:00 UTC Ethereum is once again at a familiar crossroads. As the price of its cryptocurrency ether has soared (and then corrected) in 2018, one thing has remained…
Blockwart This could be a good idea: something to be built into any browser – with the “BAT” token, or another (we would not want anything proprietary on the Blockchain, would we?). Users get rewarded for looking at the ads – and the advertisers benefit. And (!) no more middleman: this would kill the business…
Tesla Is Hooking Up 50,000 Australian Homes to Become World’s Biggest Virtual Power Plant Solar panels for e’rrrybody! 250 MW of Solar Energy 650 MW of Battery Storage MICHELLE STARR 5 FEB 2018 Elon Musk’s company, Tesla, is working with the South Australian government to turn 50,000 homes into what they’re calling a “virtual power…
Blockwart Token sales from Jan 2014 to Nov 2017 This graphic shows every token sale that successfully raised at least $100k, from the beginning of 2014 through the end of November 2017. The bar chart at the bottom displays the total dollar amount raised in each month (details below). Watch the animated visualization: https://www.bgp4.com/wp-content/uploads/2018/02/This-is-what-4-years-of-ICO-activity-looks-like.mp4…
Blockwart Note: fails to say which form factor (in nm) this hardware is based on … Samsung announced a deal on Monday, Jan. 29 to manufacture ASIC mining hardware with Taiwanese manufacturer TSMC. “Mass production” of the ASIC chip has already begun in January, according to Korean news outlet The Bell. An ASIC chip,…
Blockwart Please keep in mind Tezos (as an example) has been hit with multiple class-action lawsuits alleging fraud. Around $6 bln has been raised via ICOs in 2017. Almost 37 percent of that amount was made by only 20 ICOs. Names like Filecoin, Tezos or Bancor created lots of buzz, but what happened to…
Blockwart One week ago Belarus President Alexander Lukashenko signed the Decree “On Digital Economy Development” that legalizes ICO, cryptocurrencies and smart contracts. Two months ago the Republic of Abkhazia announced its plans to raise $1 bln in an ICO. Abkhazia followed Venezuela, the first country to consider crypto as a funding mechanism, with its…
Blockwart In the golden era of advertising, finding an audience was as easy as publishing an ad in a widely circulated newspaper, running a radio or TV spot, or putting up billboards in relevant areas. With the advent of the Internet and the proliferation of new media types, however, casting such a broad net…
“One misconception in the industry in 2017 was that permissioned blockchain infrastructure would solve the problem of data privacy. This is not the case.” The following is a pitch for “zk-snarks” by startup “Chronicled” – thus not an independent review, but has some interesting points. Obviously (!) the true Blockchain technology (PoW) is permissionless,…
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