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Rihanna’s fashion show was eventful, both on and offstage, because we’ve learned one of the models went into labor. It went down Wednesday night at the Savage X Fenty show in Brooklyn, NY. Slick Woods was super pregnant as she rocked black pasties…
President Trump’s Tuesday declaration that the federal government’s response to Hurricane Maria was “incredibly successful” drew complaints, especially in light of a recent federal report that found nearly 3,000 people died as a result of the 2017 storm. The criticism didn’t deter him from doubling down on Wednesday. Trump…
Serena Williams erupted on the court during the U.S. Open final … but it didn’t help her win. Serena confronted the chair judge after receiving a coaching violation early in the second set Saturday … telling him she doesn’t cheat to win. But,…
On September 1, Bitcoin Cash proponents led a community-driven stress test by sending millions of transactions in one day. In fact, the protocol’s miners processed 2.2 million transactions in 24-hours and processed massive sized blocks all day long. But the stress testing fun didn’t end there as many BCH supporters continued to flood the network with transactions. The next day saw upwards of 1.37M transactions, and September 4 data has shown participants still were going strong with 1.67M processed yesterday.
The BCH Stress Test Went Well Over 24-Hours
The Bitcoin Cash (BCH) blockchain and network participants have celebrated a milestone this September as the peak of the BCH Stress Test Day saw 2.2M transactions processed on the first of the month. Moreover, BCH miners like Coingeek, Waterhole, BMG Pool, Viabtc and others processed many large blocks on September 1st between 4-15MB in size. Alongside this, transactions (tx) processed on the network reached about 23 tx/second for most of the day. However, even though the day was scheduled for only 24-hours, BCH stress test participants continued to send millions of transactions.
The following day on September 2nd the network processed another massive 1.37M, but on the 3rd the network only processed 448,000. Now one would think after the lull things were over for BCH stress testers but they weren’t because, on Tuesday, September 4 the Bitcoin Cash network had touched 1.6 million transactions.
What’s even more interesting is the fact that BCH fees had the lowest median average in months. Back in June, it cost roughly $ 0.003 (one-third of a US penny) per transaction, which is still low, but during the stress test with millions of transaction, the network fees were about 0.001 per tx.
The 23MB Block
In addition to the lower than usual fees on September 4, block 546423 processed by BMG pool was a whopping 23.15 MB Bitcoin Cash Block that processed a record 97,318 transactions in one fell swoop. Now, this was a unique block indeed and many observers took notice of how this block propagated. The developer Jochen Hoenicke, otherwise known as ‘Johoe,’ detailed that there seemed to be a limit that he had noticed.
“It took 85 minutes to find this block and the mempool was continuously growing at a rate that seems to be close to the limit nodes can accept transactions,” Johoe details on the subreddit r/btc. Another Redditor asks, “Is this a hardware or software problem?”
The Bitcoin miner and developer Jonathan Toomim explains, “Mostly software, but it will affect nodes that have low-GHz CPUs before it affects high-GHz CPUs.” Toomim emphasizes.
The typical variation we see in different machines in single-threaded performance is not that large, maybe 3x, and sometimes the most expensive CPUs are 16-core monstrosities that only get 2.4 GHz per core, which will perform a lot worse than a 2-core 3.8 GHz Core i3.
There’s still a lot of fine tuning that can be done, and these stress tests are giving BCH developers the chance to witness and record data concerning what happens when the network is pushed to certain limits. For a few days, the experimentation took people minds off of the fork debate and this kind of testing gave a glimpse of what the network can do on-chain. Overall BCH proponents enjoyed the stress test and remain confident that Bitcoin Cash can scale.
What do you think about the stress test results? Let us know what you think about this subject in the comment section below.
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Police in Rio de Janeiro clashed with hundreds of protesters Monday amid growing outrage over the cause of a fire that destroyed Brazil’s oldest and most important historical museum.
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A teacher who found himself hit with a $ 108,951.31 hospital bill after suffering a heart attack went to the media—and it paid off. After NPR and Kaiser Health News reported Drew Calver’s story as part of their “Bill of the Month” series, St. David’s Medical Center in…
Bow Wow just went nuts while shooting a segment for his TV show, attacking his camera crew and damaging thousands of dollars worth of equipment … TMZ has learned. Production sources tell us the rapper was shooting “Growing Up Hip…
A super slim Christian Bale and his family got their amusement park on … but nobody was more amused than the woman who finally saw her “love” in real life. Christian, his wife and kids were getting off the Storybook Land Canal Boats at Disneyland…
Revolut Metal is the latest offering from the United Kingdom-based digital bank, Revolut. It claims to return cryptocurrency cash back on purchases, higher withdrawal limits, and even a personal concierge service. Offered initially to its 10,000 strong premium clients, Revolut intends to open the card to everyone in order to meet demand.
Revolut Metal Offers Crypto Cash Back
“Wow,” Revolut’s company blog began in a post published on Thursday, “the response to the launch of Revolut Metal has been off the charts and we’re so happy that you’re as excited about it as we are.”
Revolut Metal is the UK digital bank’s premium service offering, rolled out initially to its existing premium clientele. They “only had 10,000 cards up for grabs yesterday, and while we reserved this first batch for our existing Premium customers, the rest of you will get the chance to bag a Metal Card soon,” the company explained.
Exclusivity comes with a cost, however: £12.99 or £120 annually. The card, literally metallic in color and texture, will kick back cryptocurrency on purchases, offer concierge service, higher ATM withdrawal limits around the world, and even travel insurance.
Soon, Commission-Less Trading
The notoriously ambitious financial technology company is largely European centric, with more than 2 million users. It has the distinction of being among the UK’s first digital banks, and one of the only startups in the industry to actually turn a profit. Until its Metal card offering, premium services were £6.99 per month, and very popular. In April, Revolut gobbled up a quarter of a billion dollars in venture capital ahead of its plan to enter markets in Asia and the United States as a commission-less trading platform to compete with the likes of Robinhood.
CEO Nikolay Storonsky assured, “We are absolutely convinced that Revolut Metal will be the exclusive card of the future, and an absolute must for travelers worldwide. The launch of Revolut Metal is also an important step towards the company generating additional revenue, especially as we prepare to launch a commission-free trading platform and expand the business into North America and Asia later this year.”
Cash back for its Metal card begins at 0.1% for European transactions, at 1% outside Europe, and can be paid in one of 25 fiat currencies or 5 cryptocurrencies offered by Revolut. Company N26 was earlier to the metal/premium niche market, and its N26 Metal is slightly more expensive per month while offering exclusive discounts and the requisite concierge service.
The Revolut Metal card is contactless, and weighs about three times that of a standard card. It reportedly is indeed made from steel, complete with paint chips layering, and the user’s card information precision laser etched.
Are premium service bitcoin ATM cards important to you? Share your thoughts in the comments section below.
Images via Pixabay, Revolut.
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Everything Ronaldinho does helps inspire others. If it’s in the playing field or off of it, he is sure to bring magic and joy to his fans. This is exactly what he did on February 2018 as he hinted to his Twitter followers that he would become a partner on a big project. On August 16, Ronaldinho Soccer Coin (RSC) has ended their exciting private sale stage and started their next phase for the offering of their token based on the NEO blockchain.
“I have a big announcement to share with you, today.” – read the tweet. Ronaldinho hinted about joining a new project and that more details would be revealed later.
Little fans expect the word “big” may have even been an understatement. Now, RSC project is a highly ambitious and highly anticipated blockchain and cryptocurrency project that aims to build an innovative fan experience for soccer lovers using services such as Digital Stadiums – where fans can buy tickets for games, betting platforms for users to place bets on real match results and including eSports too. Augmented Reality (AR) and Virtual Reality (VR) applications will also be a big part of what the RSC ecosystem offers audiences. Any fan will be able to view their favorite games and experience the action just as if they are playing alongside their favorite soccer heroes using such technologies and services.
A great way to summarize what RSC envisions about the future of soccer is looking at the phases of the project. On the first Quarter of 2019 the team plans to have the first working Ronaldinho Academy that will work to empower children who want to learn soccer and develop new talents as well as give back to children of low resources by donating via Smile Project which is using part of the revenue from their operations to give soccer balls to these children and help them pursue their sports dreams.
Next is the actual Ronaldinho Stadium Pilot project which intends to function as a fully operating stadium in which any fan can pay using the RSC Token saving costs in paying for intermediary fees and when making international payments to buy tickets for games.
The Ronaldinho Stadium will be fully equipped with AR and VR technologies for all spectators to experience the game action more closely than in traditional stadiums. Behind all of this a strong e-Commerce/ Marketplace will work using RSC as the preferred currency of payment adding to the demand for the token amongst soccer fans, a sport that has 3.5 billion followers making it the most popular sport in the world. And as soon as 2020 the RSC ecosystem will have its own eSports and betting exchange system where fans can earn cryptocurrency for winning on results for virtual teams like The Super League and real-life soccer leagues.
Ronaldinho also thanked all of his 17.8M followers on Twitter for the tremendous support received towards RSC project.
“When you play soccer, you are free. You are happy. “Alegria” to all soccer lovers in the world. Thank you for all your support! RONALDINHO SOCCER COIN PROJECT.” – read the tweet by the football superstar.
The RSC team has concluded their highly anticipated Private Sale and is inviting soccer fans who believe in a better soccer experience for all and a future where anyone can play and smile with Ronaldinho to join and become a part of this new era of services.
“The presale will soon start from 16th August!” – Ronaldinho Gaucho urged his Twitter followers one more time to not miss out on this exciting new venture.
Hurry and sign up to join! The RSC Presale began on 16 August 2018 at 12:00:00 AM (UTC time) and offered its token price at 0.22 USD but will only last until 26 August 2018 so you have 10 days to take advantage of a lower price.
Make sure you join Telegram to chat with us and get the latest updates about Ronaldinho Soccer Coin.
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