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| September 17, 2019

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Auction Archives -

In Beverly Hills, the Mountain’s fate looms as foreclosure auction gets delayed

August 15, 2019 |

A foreclosure auction was delayed at the last minute for the Mountain, a 157-property in Beverly Hills that broke records when it listed for $ 1 billion last year.

L.A. Times – Business

Married actors Robbie Amell and Italia Ricci auction off their North Hollywood Tudor

August 5, 2019 |

In North Hollywood, actors Robbie Amell and Italia Ricci have sold their 1920s Tudor-style home at auction for $ 1.535 million.

L.A. Times – Business

99% of Sneakers Auction at Sotheby’s Goes to 1 Buyer

July 19, 2019 |

On Thursday, 100 pairs of the rarest sneakers—labeled Nike, Adidas, and Air Jordan, for starters—went up for auction. By Friday, they were all sold to a single bidder, except for one lone, expensive pair: the 1972 Nike Waffle Racing Flat Moon Shoe. Bill Bowerman, a cofounder of Nike,…


Madonna’s Love Letter From Tupac Finally Hitting Auction Block

July 11, 2019 |

Madonna’s infamous love letter from Tupac Shakur has been in limbo for years — an auction wants to sell it and she wants to block it — but it’s finally hitting the block, and all the conflict and legal threats that made headlines have inflated…

His auctioneering career began with wrangling pigs. Now he runs an auction house

June 30, 2019 |

Andrew Jones, 56, has converted his 40 years of experience at premium auction houses in the U.S. and abroad into his own business just south of downtown Los Angeles. Jones is president and chief executive of Andrew Jones Auctions, a full-service fine art and antiques auction operation, which recently…

L.A. Times – Business

Auto Auction Worker Opens Trunk, Finds Man

May 31, 2019 |

A Dodge Challenger Hellcat that arrived at a Pennsylvania auto auction Thursday came with an unwanted extra—a dazed felon from the Bronx. The man was found in the trunk of the vehicle by a worker at Manheim Auto Auction, around 90 miles west of Philadelphia, CBS Philadelphia reports. “I…

Big Money for Monet at Record-Shattering Auction

May 15, 2019 |

Like a fine wine, this Claude Monet piece just got better with age. Or more valuable, at any rate: An 1890 oil painting from the French artist’s “Haystacks” (or “Meules”) series sold Tuesday at Sotheby’s for $ 110.7 million—the first time an impressionist painting ever surpassed a $ 100 million…

BCH Developer Builds Onchain Token Auction Console — SLP Agora

April 27, 2019 |

BCH Developer Builds Onchain Token Auction Console — SLP Agora

On April 26, software developer Tobias Ruck revealed a new platform he’s been working on called SLP Agora, an onchain trading console written in Rust that allows users to auction SLP tokens for bitcoin cash. The application’s decision-based transactions are secured by a smart contract technique enabled by the newly implemented opcode OP_Checkdatasig.

Also read: Meet ‘Spedn’ — A Smart Contract Programming Language for Bitcoin Cash

SLP Agora Enables Token Auctions Onchain

The Simple Ledger Protocol (SLP), a system that allows token creation on the Bitcoin Cash (BCH) network, has become extremely popular. Lots of people have been creating tokens and some of them are being sold on exchanges and even used by the micronation of Liberland. Now the software engineer Tobias Ruck has released a new SLP application called SLP Agora, a platform that allows for onchain token auctions. The open source platform uses smart contracts to perform the actions using the OP_Checkdatasig opcode that was added to the BCH network last November. According to Ruck, the application is built with the programming language Rust and uses a “nifty trick” outlined by the software developer Tendo Pein.

“SLP Agora is a simple trading platform written in Rust where you can put your favourite tokens up for auction — all on the BCH blockchain,” Ruck explained on Friday.

BCH Developer Builds Onchain Token Auction Console — SLP Agora

In addition to the release of the early version of SLP Agora, Ruck also hosted a live stream in order to show other BCH developers and the community how the market works. People can also try SLP Agora out by downloading the EXE files for Windows or build the application on another operating system using the source code. “So far, it’s only an interactive console application (not pretty but easy to use), however, I hope there will be enough interest and support in the community that we’re able to build a nice intuitive web interface and create an extensible protocol,” Ruck remarked.

BCH Developer Builds Onchain Token Auction Console — SLP Agora
Tobias Ruck hosting a live stream in order to show the BCH community how SLP Agora works.

Revolutionizing Smart Contracts With OP_Checkdatasig

Ruck also warned that there may be a couple of bugs because the application is so new and noted that people should only use small fractions of funds at the moment. The developer also emphasized that even though the project is experimental, in operation it’s proven to be “surprisingly flawless.” Ruck also noted that because of the underlying nature of the Simple Ledger Protocol, users can only place sell orders, but not buy orders. The project’s creator also placed a few sell orders for the “incredibly useful Tobi’s Terrific Trading Token (TTTT)” on the platform so people can test the platform.

BCH Developer Builds Onchain Token Auction Console — SLP Agora
Bitcoin cash fans were thrilled to hear about the onchain token auction system.

The opcode OP_Checkdatasig has been heralded by many developers for being able to make the BCH protocol’s Script language more robust. So far the BCH community has witnessed some incredible achievements by developers using OP_Checkdatasig. Just recently, the engineer Karol Trzeszczkowski launched a platform called the Last Will, a smart contract program for the inheritance of bitcoin cash using the opcode. SLP developers recently published the Cashy toolbox which makes use of OP_Checkdatasig.

BCH Developer Builds Onchain Token Auction Console — SLP Agora
According to Ruck, the SLP Agora platform saw a lot of users over the last 24 hours.

The upcoming service Oracle will be using the benefits of the opcode in order to provide verifiable multi-sourced facts. Last November, Ruck also showcased how the new Bitcoin Cash opcode makes an onchain game of Chess possible. Ruck has continued to build with the OP_Checkdatasig opcode and the BCH community seems pleased with the results.

What do you think about Ruck’s platform SLP Agora? Let us know what you think about this subject in the comments section below.

Image credits: Shutterstock, Tobias Ruck, and Pixabay.

Disclaimer: This editorial is intended for informational purposes only. This release is an early version of this particular software and early versions can often be buggy. Readers should do their own due diligence before taking any actions related to the mentioned company or any of its affiliates or services. or the author is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

The post BCH Developer Builds Onchain Token Auction Console — SLP Agora appeared first on Bitcoin News.

Bitcoin News

Bird That Killed Its Owner Now Up for Auction

April 24, 2019 |

A Florida wildlife breeder was killed by one of his birds almost two weeks ago—and now that bird is going up for auction. More than 100 exotic animals from the estate of Marvin Hajos are being sold off after the 75-year-old man was fatally attacked by a 6-foot-tall cassowary…

Real Estate Giant Holding Live Luxury Home Auction for Bitcoin

March 19, 2019 |

Real Estate Giant Holding Live Luxury Home Auction for Bitcoin

A major Australian real estate group is holding a luxury home auction that can be paid for with two cryptocurrencies. There will be a live auctioneer who will call out bids in BTC. The property owner says he wants to keep as many coins as possible.

Also read: Crypto Enthusiasts Unite in 4 Indian Cities to Voice Regulatory Suggestions

Live Auction for Cryptocurrencies

One of Australia’s largest real estate groups, LJ Hooker, is preparing a live luxury real estate auction for cryptocurrencies with a live auctioneer. The company is working with James Pratt Auctions and blockchain company Nuyen, which will facilitate online bidding for the five-bedroom house in New South Wales, Australia. Micky media outlet reported Monday:

The auctioneer will call bids in cryptocurrency, with the price to be converted and displayed in AUD and USD on a live screen. Payments can be made in both bitcoin (BTC) and binance coin (BNB).

The owner of the property and president of Nuyen, Greg Costello, told that, in addition to the two cryptocurrencies, AUD will also be accepted.

Real Estate Giant Holding Live Luxury Home Auction for Bitcoin

According to Nuyen, the auction has attracted interested buyers from the U.S., Canada, China, and Australia, the publication detailed. Costello was quoted as saying: “We have already had parties register for the auction in less than 5 days of it being released … There has been a lot of international interest and publicity and I expect to see this grow and grow as the auction gets closer.”

Furthermore, he told the news outlet that he believes there will be more live auctions for cryptocurrencies in the future because international bidders can easily participate, elaborating:

All signs point to a borderless system where digital assets are traded for real assets.

Established in 1928, LJ Hooker claims to be “Australia’s best-known and most trusted real estate brand.” With offices in Australia, New Zealand, China, Indonesia, Papua New Guinea and Vanuatu, the group claims to manage the largest property portfolio in the region of approximately 160,000 properties worth $ 100 billion Australian dollars (~$ 71 billion).

Real Estate Giant Holding Live Luxury Home Auction for Bitcoin

The Auction

The auction will take place on April 8. There will be a live auctioneer on the property, which is located on the coast about 60 miles south of Brisbane. Nuyen Vice President Ryan Lee described the post-auction process:

Once the sale has been completed, Nuyen’s internal and secure exchange will then be responsible for facilitating the liquidation of the coins themselves and of course releasing them back to the market.

Costello, being a firm crypto believer, intends to keep as much of the BTC and BNB as he can, Micky conveyed. Nonetheless, he explained that “Some of the coins will have to be liquidated to release the mortgage but the rest will be held tight for future gains.”

What do you think of this live auction for BTC and BNB? Let us know in the comments section below.

Images courtesy of Shutterstock, LJ Hooker, and Greg Costello.

Need to calculate your bitcoin holdings? Check our tools section.

The post Real Estate Giant Holding Live Luxury Home Auction for Bitcoin appeared first on Bitcoin News.

Bitcoin News