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| January 22, 2019

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Sean Hannity: To obstruct Trump’s agenda, Democrats and the media have to pretend borders don’t matter

January 11, 2019 |

Speaker Pelosi, Chuck Schumer, this is not a manufactured crisis. These are real statistics, real people, real lives and many deaths. This is about life and death.
FOX News

‘Your Voices Just Don’t Matter’: Protesters Hit the US Capitol

October 6, 2018 |

Democrats and demonstrators vented their rage and resistance, but the Senate rolled toward approving Brett Kavanaugh’s Supreme Court nomination Saturday as President Donald Trump and Republicans approached an election-season triumph in the most electrifying confirmation battle in years, the AP reports. Capping a venomous struggle that transfixed Americans when it…
Newser

No Matter How You Slice It — Token Assets Are Coming to Bitcoin Cash

July 19, 2018 |

No Matter How You Slice It — Token Assets Are Coming to Bitcoin Cash

Two more types of BCH tokenization projects have been announced on July 18, giving the BCH community a wider variety of different ideas that can bring forth the concept of representative tokens into reality on the Bitcoin Cash network.

Also read: Powerful Cryptocurrency Firms on the Road Towards Becoming Banks

Bitcoin Cash Community Greeted by Two More Token Creation Systems

No Matter How You Slice It — Token Assets Are Coming to Bitcoin CashThe Bitcoin Cash (BCH) network has seen a lot of development since the last hard fork which debuted the reenabled Satoshi OP_Codes and the upgraded default data-carrier-size. The BCH community and developers have been bolstering the idea of tokenization on the BCH chain. There’s been a bunch of ideas so far with Andrew Stone’s GROUP proposal and Joannes Vermorel’s Tokeda paper. Then this week Bitmain developers revealed the Wormhole project that utilizes a fork of the Omni Layer. Then on Wednesday, two more token ideas have been introduced for the BCH chain — One concept from the Cryptonize.it developers, and another proposal written by a group of six developers including Jonald Fyookball, James Cramer, Unwriter, Mark B. Lundeberg, Calin Culianu, and Ryan X. Charles.

Colored Coins & Cryptonized Cash

No Matter How You Slice It — Token Assets Are Coming to Bitcoin CashThe creators of the platforms Cryptonize.it and the Cashpay wallet explained that they are bringing the Colored Coins protocol to the BCH network. The Colored Coins (CC) protocol debuted for the BTC back in 2013 network by adding specific metadata to the blockchain. This in turn created ‘representative tokens’ or ‘colored coins’ that can represent any physical or digital item like stocks, bonds, gold and silver backed coins. The Colored Coin protocol will allow Cryptonize.it the ability to create a currency called Cryptonized Cash (CC) that can be used with Cashpay for discounts and exclusive products.

“Further utility will be added as Cryptonize.it grows — There will be a total of 1 billion CC, without the ability to add more in the future,” the developers emphasized on the social media platform Yours.org. “The tokens are always redeemable on Cryptonize.it — One of the most important questions to answer when proposing adoption of a certain framework is what are the use-cases?

Luckily with colored coins, the answer is endless. Colored coins can represent vouchers, coupons, tokens, altcoins or other assets. You can tokenize whatever you want. The first real-world use-case is Cryptonized Cash (CC), an incentive program on Cryptonize.it which is live right now.

The Simple Ledger Protocol

Following the Colored Coins concept, another paper was revealed to the public written by Ryan X. Charles, Mark B. Lundeberg, Calin Culianu, Jonald Fyookball, James Cramer, and the developer Unwriter. The paper called, “Simple Ledger Protocol: A token system for Bitcoin Cash,” details a proposal for the BCH network that handles tradeable redeemable tokens without a consensus upgrade. Enhancement proposals such as GROUP have not been able to obtain consensus needed to change the base protocol, explains the group of developers. Simple Ledger Protocol (SLP) utilizes metadata in OP_Return transactions and the SLP creators believe consensus can be achieved by “token users and market participants adhering to a prescribed set of simple rules.”

No Matter How You Slice It — Token Assets Are Coming to Bitcoin Cash
A diagram from the SLP paper.

“Because SLP builds on the transaction chain of the existing Bitcoin framework, users can easily verify transactions with SPV/lite wallets within practical boundaries,” the paper explains.   

Full validation of a transaction back to its token genesis is possible by supplementing existing transaction-retrieval infrastructure with the integration of SLP consensus rules.

The developers say that the SLP system will be permissionless, simple, robust, non-invasive, extensible, and an implementation plan for rapid ecosystem support. The 26-page paper is extremely detailed and it observes multiple subjects that need attention such as wallet implementations, token address format, proxies, utilizing the Bitdb network, economic implications, and more. The group of six developers revealed they were motivated to present their own token solution and the key to its success will be simplicity. “But will also depend on our taking action to foster the support of the ecosystem,” the SLP programmers add.

No Matter How You Look at It, Token Assets Are Coming to the Bitcoin Cash Network

Of course, the Bitcoin Cash community was pretty thrilled about two more tokenization projects using the BCH chain. One user on the Reddit forum r/btc who enjoyed the SLP paper notes that there has been quite a lot of these proposals lately, “I believe we’re hitting some ‘tokenization proposal fatigue.” Nevertheless, enthusiasts dig the competition and the amount of development dedicated to bringing tokenized assets to the Bitcoin Cash network. The community may end up using a bunch of different color coin methods down the line or perhaps they may just use the superior tokenized system. Whatever the case may be, the race is on to get a system that creates representative tokens using the security of the BCH protocol.

What do you think about these two BCH tokenization concepts introduced? Let us know what you think about this subject in the comment section below.


Images via Pixabay, the SLP paper, and Cryptonize.it.


Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH, and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com. 

The post No Matter How You Slice It — Token Assets Are Coming to Bitcoin Cash appeared first on Bitcoin News.

Bitcoin News

Matter App Provides a Long-Form Blogger Platform Powered by BCH

June 10, 2018 |

Matter App Provides a Long-Form Blogger Platform Powered by BCH

Just recently a new on-chain social media application has entered the Bitcoin Cash ecosystem called Matter — another decentralized blogging community that’s fueled by the Bitcoin Cash (BCH) blockchain. Matter is the third social media platform that follows behind Blockpress and Memo, allowing users to store arbitrary data on the BCH chain.

Also read: Paid in Bitcoin? Learn How to Survive Off a Crypto-Income 

Matter: Bitcoin Cash Powered Long Form Blog Posts

Another blogging site called Matter has been introduced to the BCH community, and the platform’s actions are all powered by the Bitcoin Cash network. Matter claims to have no access to the user’s key and explains keys are stored only in your browser. Now Matter does have its differences compared to the Blockpress application and Memo, as Matter users can publish arbitrarily long-form posts. Essentially due to the fact the miner’s fee using bitcoin cash is so minimal Matter users can store any document in the BCH chain in an immutable fashion.

Matter App Provides a Long-Form Blogger Platform Powered by BCH

Signing up for the website is fairly intuitive for anyone already familiar with cryptocurrency wallets and social media in general. When registering for Matter the app gives you a private key and a twelve-word mnemonic phrase which is needed to log into the platform. From here the application resembles the Blockpress app and you are able to add your name and add a profile picture. One thing worth noting is when performing such actions Matter asks you to confirm that you are aware that “all of the information will be permanently stored on the Bitcoin Cash (BCH) blockchain.”

Matter App Provides a Long-Form Blogger Platform Powered by BCH

More Characters Per Satoshi

Now as we stated above the biggest difference between the other social media apps and Matter is the fact you can add long-form posts to the chain. With Blockpress you are only allowed 217 characters, and writing longer posts can get cumbersome much like Twitter’s character limit. On June 9, 2018, we were able to add Timothy May’s entire 1988 piece ‘The Crypto Anarchist Manifesto’ and all my actions were recorded on the BCH chain. Now May’s phenomenal writing isn’t too long but it is still 500 words and the entire entry cost less than ten cents. You can also title the post, add bold lettering and other format functionalities.

Matter App Provides a Long-Form Blogger Platform Powered by BCH

In essence, Matter allows a decentralized way to bypass centralized clouds and corporations who sell and censor data. The new app had caused a discussion about whether or not adding large amounts of arbitrary data into the blockchain was a good idea. A few bitcoin cash proponents didn’t like the idea of all this data being applied to the chain, however many other BCH fans have favored these new on-chain publishing concepts.

What do you think about the Matter application? What do you think about individuals storing much longer forms of data using the Bitcoin Cash protocol? Let us know your thoughts in the comment section below.

Disclaimer: Bitcoin.com 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 information in this social media platform. Readers should do their own due diligence before taking any actions related to the content.


Images via Shutterstock, and the Matter platform. 


Now live, Satoshi Pulse. A comprehensive, real-time listing of the cryptocurrency market. View prices, charts, transaction volumes, and more for the top 500 cryptocurrencies trading today.

The post Matter App Provides a Long-Form Blogger Platform Powered by BCH appeared first on Bitcoin News.

Bitcoin News

TMZ

Morgan Freeman Could Lose Life Achievement Award, SAG Reviewing Matter

May 24, 2018 |

Morgan Freeman’s huge honor from his peers in the Screen Actor’s Guild is now on the line … in the wake of sexual harassment allegations … TMZ has learned. A rep for SAG tells us, “These are compelling and devastating allegations which are…

TMZ.com

Trump’s CIA pick attacked over Bush-era program; do gender politics matter?

May 8, 2018 |

Gina Haspel doesn’t want to be “the next Ronny Jackson.”
FOX News

Giuliani Has New Statement on Stormy Daniels Matter

May 4, 2018 |

Just a few hours after President Trump said Rudy Giuliani would “get his facts straight,” Giuliani issued a statement “intended to clarify” the comments he’s made about the Stormy Daniels controversy in recent days. In the statement, Giuliani said the $ 130,000 that Trump paid to Daniels in 2016 to…
Newser

Bitcoin in Brief Friday: Truths, T-Shirts, Things That Matter

April 20, 2018 |

Bitcoin in Brief Friday: Truths, T-Shirts, Things That Matter

In today’s Bitcoin in Brief we are focusing on some truths that have been uttered recently in regards to the latest attempt by authorities in New York to cross borders, when it comes to crypto controls and regulations. Also, crypto T-shirts, inspired by digital aesthetics, have been put on sale. Do you want to know why their design is a bit old-fashioned? Crypto markets are to blame…

Also read: Bitcoin in Brief Thursday: ICO Scares Investors with Ghost Prank

Speaking from Crypto Perspective

Bitcoin in Brief Friday: Truths, T-Shirts, Things That MatterKraken CEO, Jesse Powell, has been praised for saying what many in the crypto community have been thinking about the latest actions by authorities in New York. The state’s Attorney General, Eric Schneiderman, has sent letters to 13 crypto exchanges as part of his inquiry into policies and practices employed by the trading platforms. “Consumers have the right to transparency and accountability when they invest,” Schneiderman said, adding that many cryptocurrency traders do not have access to the “basic facts” needed to assess the integrity and security of these platforms.

Bitcoin in Brief Friday: Truths, T-Shirts, Things That Matter
Eric Schneiderman

Not complying with Schneiderman’s probe, Jesse Powell has refused to send complete the questionnaire, opt instead to respond with strong-worded language. “Kraken’s BitLicense prompted exit from New York in 2015 pays another dividend today. When I saw this 34-point demand, I immediately thought ‘The audacity of these guys – the entitlement, the disrespect for our business, our time! […] I realized that we made the right decision to get the hell out of New York,” he said in a Twitter post. Kraken’s chief executive was referring to the controversial licensing regime for crypto companies in the state.

Thanks for the Ethical Stance!

In his post, Powell also said that his company would be happy to help government understand the business, but “this is not the way to go about it.” “When is it going to be enough for New York? We did all this once already, and then you gave us the BitLicense […] This ‘questionnaire’ we received today proves that New York is not only hostile to crypto, it is hostile to business,” he stated. “Somebody has to say what everybody’s actually thinking about the NYAG’s inquiry. The placative kowtowing toward this kind of abuse sends the message that it’s ok. It’s not ok. It’s insulting,” Kraken CEO tweeted.

Bitcoin in Brief Friday: Truths, T-Shirts, Things That MatterPowell’s comments received support from colleagues and members of the whole community. “Jesse – thank you for taking the ethical stance and speaking up for what’s right”, Shapeshift CEO Erik Voorhees wrote on Twitter. “Crypto has brought more transparency to finance and protection to consumers than the last 100 years of bureaucratic nonsense that has spilled from the sewers of New York,” he said.

From Crypto Truths to Crypto T-shirts

A “Crypto T-shirt” is now available from The Hundreds. As they say, it’s “inspired by digital aesthetics and iconography, featuring graphic flips on cryptocurrency logos, services, and sites”. The T-shirts can be ordered online. They take cryptos for the limited edition. You can buy yours with any of the following digital coins: Bitcoin, Bitcoin Cash, Litecoin, and Ethereum. However, keep in mind that it’s available for purchase only through a Coinbase account.

Bitcoin in Brief Friday: Truths, T-Shirts, Things That MatterAccording to the product’s description, the back print is a Bitcoin flip, rendered in wire frame, and with the RGB color spectrum used in the representation of images in electronic systems. The graphs refer to the rise and fall of the mentioned cryptocurrencies. The currently available designs on the T-shirt, however, depict a drastic drop. The message is a bit outdated, as it doesn’t represent what we are currently witnessing in the markets. Bitcoin is now trading well over $ 8,000 USD, while Bitcoin Cash just crossed the $ 1,000 dollar mark.

Exciting Things Happening With  Brave Browser

Privacy web browser Brave Software and Dow Jones Media Group have just announced a partnership through which the companies aim to test blockchain technology in digital publishing, among other exciting plans. Under the agreement, Brave will provide access to premium content from Dow Jones to a limited number of users who download the Brave browser. The available content set features full access to Barrons.com or a premium MarketWatch newsletter.

Bitcoin in Brief Friday: Truths, T-Shirts, Things That MatterThe companies intend to experiment with blockchain-based technologies in media and advertising. A number of innovative solutions in the news and information space will be tested. Content will be delivered via Brave’s blockchain-based digital advertising and services platform. Under the agreement, Barron’s and MarketWatch, both Dow Jones Media brands, will become verified publishers on the Basic Attention Token (BAT) platform, developed by Brave.

Do you think Kraken CEO Jesse Powell did the right thing refusing to comply with NYAG’s inquiry? Share your thoughts on the subject in the comments section below.


Images courtesy of Shutterstock, Brookings.


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The post Bitcoin in Brief Friday: Truths, T-Shirts, Things That Matter appeared first on Bitcoin News.

Bitcoin News

Greedy Facebook Versus Ideological Telegram: Why Principles Matter

April 16, 2018 |

Facebook Versus Telegram: Why Principles Matter

Something happened this week that rarely occurs, history offered up a side-by-side comparison with a control. Heads of respective social network and messaging platforms Facebook and Telegram were each brought before their home governments, the United States for Mark Zuckerberg, Russia for Pavel Durov. How the two men responded is telling, and should inform everyone concerned with privacy, especially cryptocurrency enthusiasts.

Also read: CBS’s NCIS Los Angeles Weaves Stolen Bitcoin Into Script, LL Cool J Is on the Case

Facebook Versus Telegram: Why Principles Matter

Facebook and Telegram Have Very Different Principles

Mike Butcher at Tech Crunch’s Disrupt back in 2015, put it to Pavel Durov of Telegram fame directly, “Does it concern you ISIS uses Telegram?” Mr. Durov looks away from his interviewer, Mr. Butcher, as if the answer is somewhere at the back of the room. “That’s a good question,” he says, considerately. Mr. Butcher asks pointedly, interrupting, “You sleep well at night knowing terrorists use your platform?” Mr. Durov again congratulates the line of questioning, and answers, “I think that privacy, ultimately, and our right for privacy, is more important than our fear of bad things happening like terrorism.”

Facebook Versus Telegram: Why Principles Matter
Mr. Durov’s post after a Russian court ruled Telegram be banned.

Such answers would be instant business suicide in the US, England, etc. Mr. Durov would be publicly attacked in the press, vilified by government minders. And yet here he is, in San Francisco, among the tech literati, talking the fundamental principle of cryptographic currency, privacy. Terrorism to the average person in the United States is a Pavlovian word, it rallies all manner of folks from varying backgrounds to support expansion of state power with few exceptions.   

Facebook Versus Telegram: Why Principles Matter
Zuck has beef with Apple’s Cook, according to notes photographed at the hearings.

Contrast that answer, and the ethos behind it, with Mark Zuckerberg, founder of Facebook, and his testimony over two days this week to both houses of the US federal legislature. The nuanced evasions. The weird punts to his “team” and their “getting back” to lawmakers. The strange repetitive salutation, “Senator” and “Congressman” for every answer.

During his first day of testimony, Mr. Zuckerberg was asked by Senator John Thune of South Dakota of the Joint Commerce and Judiciary Committee about Facebook’s decade-long line of apologies and promises to do better on the issue of privacy. The caesar haircut, suited, and sitting on a four inch booster cushioned Mr. Zuckerberg when he again acknowledged “mistakes.” He then took the opportunity to wax nostalgic about his Harvard dorm room days, adding the company was in the process of an “overall, broader philosophical shift.”

The Shift to Good and Healthy

He continues, noting that Facebook’s main goal over its lifetime has been building tools to connect people, and this has come at the expense of the company’s “responsibility.” Facebook has chased the bucks, aiming for world dominance without really caring about how its platform changes people’s minds, while charging for every scammy ad. They’ve obviously not spent enough of their massive profits on hiring people to monitor and select what messages they put out.

It’s not enough to build tools, Mr. Zuckerberg insisted, “we need to make sure they’re used for good. We need to now take a more active role in policing the ecosystem […] making sure all the members of our community are using these tools in a way that’s going to be good and healthy.”

Facebook Versus Telegram: Why Principles Matter
Facebook and US law enforcement, 2017

Mr. Zuckerberg and his assembled 27,000 or so employees are to review content, pushing users toward what they consider good and healthy. Good and healthy, it turns out, seems to correspond, increasingly, to governments’ whims. According to Facebook’s own metrics, it does indeed acquiesce to a staggering 85% of US law enforcement requests. In the United Kingdom, that number rises to 90% regularly.

Ironically, in Mr. Durov’s native Russia, Facebook has “restricted access to content reported by the Federal Service for Supervision of Communications, Information Technology, and Mass Media for allegedly violating local laws related to extremism, illegal gambling, and the promotion of self-harm and suicide,” a marked difference from Telegram’s defiance this week.

Facebook Versus Telegram: Why Principles Matter

Orders of magnitude might point to a completely different business when attempting to compare Facebook to Telegram. And that’s probably a fair criticism. 200 million users (Telegram) versus 2 billion (Facebook) is a literal world of difference. But Telegram holds fast to parts of the cypherpunk ideal: censorship resistance, relative anonymity, a badass tech that can be accessed by anyone.

Using Facebook, even if readers are not dastardly criminals, carries a risk the hoi polloi should consider carefully. Most aren’t special enough to warrant activity on the level discussed here, of course, but that could very well change, and one needn’t be paranoid to understand the trending pipeline from Facebook to government law enforcement agencies the world over. The two are getting more difficult to distinguish.  

Which messaging app do you prefer? Share your thoughts in the comments section below.


Images courtesy of Shutterstock, Andrew Harnik/AP/REX/Shutterstock.


Do you agree with us that Bitcoin is the best invention since sliced bread? Thought so. That’s why we are building this online universe revolving around anything and everything Bitcoin. We have a store. And a forum. And a casino, a pool and real-time price statistics.

The post Greedy Facebook Versus Ideological Telegram: Why Principles Matter appeared first on Bitcoin News.

Bitcoin News

Galaxy With No Dark Matter Baffles Astronomers

March 29, 2018 |

It’s a double cosmic conundrum: Lots of stuff that was already invisible has gone missing. Astronomers have found a distant galaxy where there is no dark matter. Dark matter is called “dark” because it can’t be seen. It is the mysterious and invisible skeleton of the universe that scientists figure…
Newser