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A new Tesla model is set to be unveiled tonight in what promises to be an Elon Musk signature event, replete with glitz and fanfare.
The Los Angeles entrepreneur is raising the curtain on the Model Y, a crossover sport utility vehicle based on the Model 3 sedan that will fill a gap in the Palo…
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New York City police officials said Tuesday they will deploy drones to assist in rescue missions, traffic-accident investigations and large-scale events, a move that raised privacy concerns among civil-liberty advocates.
The creators of the counterparty.cash protocol and Openbazaar developer Chris Pacia have announced two separate Bitcoin Cash full node clients written in the programming language Go (golang) — Gocoin-cash and Bchd (gcash).
Gocoin-cash: A Full Bitcoin Cash Solution Written in Go Language
The Bitcoin Cash network has a lot of full node clients which include Bitcoin ABC, Unlimited, Bcash, Parity Cash, XT, SV, and the Bitprim implementation. Some of the clients are written in the original C++ programming language Satoshi used when the Bitcoin network first launched. Other clients also run the entire BCH network but are written in a different codebase.
For instance, Parity Cash is written in the programming language rust, and Bcash is a full node compiled with the language node.js. These other languages allow developers to use the BCH network in a more interoperable fashion, as common programming languages allow them to create friendlier applications. This week the creators of counterparty.cash (XCPC) have announced the launch of Gocoin-cash which is a Bitcoin (Cash) full node and wallet written in Go (golang).
Gocoin-cash is a port of the BTC software originally written by Piotr Narewski. The fork announced by XCPC and BCH developer, Julian Smith, currently has its own Github repository for developers to review or participate. The Gocoin-cash full node project also has a website that explains the client launch will be in 47 days on iOS and Android operating systems.
“Gocoin-cash is a full Bitcoin Cash solution written in Go language (golang) and is based on the original work of Gocoin by Piotr Narewski,” explains the Gocoin-cash repository. The repository notes add:
The software architecture is focused on maximum performance of the node and cold storage security of the wallet.
The Go Client Provides Fast Sync Time and Dragonfly Services
The client itself is independent of the wallet which claims to add the best block processing performance on the market. Moreover, with “decent machine and a fast connection (e.g. 4 v-CPUs from Google Cloud or Amazon AWS)” the developer writes that a node could sync the entire bitcoin blockchain “in less than 4 hours.” The Gocoin-cash wallet itself is deterministic and password seeded but designed to be used offline, explain the developers.
“As long as you remember the password, you do not need any backups ever,” the repository notes detail.
The Gocoin-cash website details that the protocol is also powered by Google Dragonfly. Essentially this means Gocoin-cash users can utilize Dragonfly services to query the BCH chain and have more powerful global payment connectivity. The project says people can subscribe with an email in order to be notified about the launch date.
Chris Pacia Unveils Bchd, Another Bitcoin Cash Client Written in Golang
In addition to the Gocoin-cash implementation, another full node client called ‘Bchd’ (gcash) is currently in the works that also uses the golang programming language. Openbazaar developer Chris Pacia has revealed he is working on a fork of the Btcd implementation that’s been around since 2013. Pacia ported the code to build a BCH full node written in Go and the developer believes it is “one of the best designed and well-written Bitcoin codebases.”
The Openbazaar programmer explains that a BCH full node written in golang has many benefits like client-side block filtering, the ability to utilize QUIC, a new transport developed by Google to replace TCP, and much like Gocoin-cash the Bchd deploys extremely fast blockchain sync times.
“So one of my primary goals with the Bchd project will be to provide a high powered indexing blockchain server that will act as a fast and reliable backend for Bitcoin Cash applications with a great API,” Pacia explains in his Yours.org announcement. The developer adds that the codebase simplicity allows for new features as well stating:
The design of the codebase coupled with the ease of use of Go makes it relatively easy for us to experiment with new features that would take a long time to get into the C++ implementations.
Just like the Gocoin-cash implementation, Pacia’s Bchd project is incomplete. The Bchd developer details he still needs to create a UTXO cache, implement a pruned mode, Port the btcwallet/neutrino codebase, and switch to libsecp256k1. Pacia says if other volunteers want to help him push the open source project forward they should drop by the repository.
“If you’re interested in working on it drop by the Github repo — The more the better,” Pacia concludes.
What do you think about the BCH full node written in Go? Let us know what you think about this project in the comment section below.
Images via Shutterstock, Pixabay, Bchd, Github, and Gocoin-cash.
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The post Developers Unveil Two New Bitcoin Cash Full Node Clients Written in Go appeared first on Bitcoin News.
Apple Inc. will kick off a blitz of new products this week, ending a year of minor updates and setting the technology giant up for a potentially strong holiday quarter.
Through the rest of the year, the world’s most valuable public company will launch three new iPhones, revamped iPad Pros, Apple…
September is nearly upon us, and you know what that means: we get a glimpse of the next generation of iPhone. At least, that’s the speculation from Business Insider , which reports that Apple has sent out invitations for an event at its Cupertino HQ, adding that the company has unveiled…
Three Japanese public companies have individually made announcements regarding their cryptocurrency operations. Forside has grown its mining operation with a plan to sell 7nm bitcoin mining rigs. Farsteps is planning a Singapore exchange launch. Meanwhile, Line Corp, the operator of Japan’s most popular chat app, has added crypto price quotes to its Clova AI assistant and has launched a token fund. In addition, human consultants are now available to answer questions about bitcoin for free from within the Line chat app.
Forside Expands Mining Operation
A Tokyo Stock Exchange-listed company in the content and real estate-related businesses, Forside Co. Ltd. (TYO:2330), announced last week developments of its mining operation.
“Forside Financial Services Co. Ltd., a consolidated subsidiary of Forside Co. Ltd., received OEM from LC Mining (GPU mining machines) developed by Lucky Cue Co. Ltd.,” the Zaikei Shimbun described, adding that the company will start selling these mining rigs under its brand name, FFSM.
Forside Financial Services has already started a mining operation in Canada. Its parent company says that the mining rig sale is “one of the efforts aimed at realizing the growth strategy development of the virtual currency mining business” at the subsidiary.
Furthermore, Forside announced:
In the future, our subsidiary will use semiconductor chips (mining chips) utilizing state-of-the-art 7nm process technology on its own mining [operation]…[and] selling ‘Next Generation Mining Board’ equipped with the chips.
While Forside did not reveal the supplier of its 7nm mining chips, in Japan, GMO Internet recently started selling 7nm mining rigs with a plan to sell its “Next Generation Mining Board.”
Fasteps Plans Exchange Launch in Singapore
Another Tokyo Stock Exchange-listed company, Fasteps Co. Ltd. (TYO:2338), recently announced that its Singaporean subsidiary plans to launch a crypto exchange in Singapore. The company mainly engages in system solution, media solution, and cost management businesses.
In June, Fasteps opened an exchange in Hong Kong called Bitone. It currently offers trading in three markets, with 11 BTC trading pairs, 10 ETH trading pairs, and 5 USDT trading pairs.
Line Launches Token Fund, Adds Prices to Clova
Line Corporation (TYO:3938), the operator of Japan’s most popular chat app, has added crypto price quotes to its Clova AI assistant for Android and iOS operating systems. Crypto prices are provided by Kraken exchange.
The company also announced last week that its subsidiary, unblock corporation, has established a corporate token venture fund in Hong Kong called “unblock ventures ltd.”
With LVC Corporation, the subsidiary that operates the group’s cryptocurrency and blockchain businesses, as its sole investor, “unblock ventures focuses on token investments and has a capital commitment of USD10 million,” Line explained, adding:
By launching this new corporate token fund, Line is aiming to boost the development and adoption of cryptocurrencies and blockchain technology.
Meanwhile, Tokyo-based consulting center Bitcoin no Madoguchi is offering free consultation via the Line chat app. Users can add the company as a friend inside Line and start asking questions. According to Coinchoice publication, once a question is submitted, an answer will be delivered from a person working at the Bitcoin no Madoguchi office between 30 minutes and 7 hours.
What do you think of these Japanese public companies’ crypto operations? Let us know in the comments section below.
Images courtesy of Shutterstock, Forside, Farsteps, Line Corp.
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News on the fertility front may offer hope in the future for women who have to undergo chemotherapy or radiation during cancer treatment. Per the Guardian , scientists have created an artificial ovary out of human tissue and eggs, and that ovary’s performance on tests is encouraging. Susanne Pors, a co-author…
Welcome to California Inc., the weekly newsletter of the L.A. Times Business Section.
I’m Business columnist David Lazarus, and here’s a rundown of upcoming stories this week and the highlights of last week.
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The new Japanese cryptocurrency association comprising of sixteen government-approved exchanges debuted on Monday. The group has unveiled its plans to spearhead self-regulation in order to rebuild the public’s trust in the crypto industry.
New Japanese Association Debuts
Sixteen fully-licensed cryptocurrency exchanges in Japan have formally launched a new crypto association. The group held a press conference on Monday to detail its plans for self-regulation “in order to rebuild public trust battered by a high-profile theft,” Nikkei reported.
“The organization is expected to release trading and disclosure rules this summer,” the news outlet elaborated, adding that the group “plans to open its doors to those operating provisionally while the government watchdog reviews their applications.”
The founding exchange members are Money Partners, Quoine, Bitflyer, Bitbank, SBI Virtual Currencies, GMO Coin, Bittrade, Btcbox, Bitpoint Japan, DMM Bitcoin, Bitarg Exchange Tokyo, FTT Corporation, Bitocean, Fisco Virtual Currency, Tech Bureau, and Xtheta.
The group also held its first board of directors meeting and chose its key executives. President of foreign exchange platform provider Money Partners Group, Taizen Okuyama, was appointed the chief of the new organization. The publication quoted him declaring:
We’ll pursue self-regulation to further the market’s healthy development and allay uncertainty among cryptocurrency users.
Three Priorities Named
The group will focus on three priorities, the news outlet detailed. The first, as expressed by Okuyama, is the protection of customers. While the Japanese law “requires exchanges to manage customer assets separately from their own,” he admitted that “such a standard is a matter of course for securities firms and foreign exchange brokerages. Compliance has been patchier among cryptocurrency exchanges.”
Another priority is to ensure “an orderly rule-making process,” he described, citing as an example the issue of “leverage limits for margin trading and management of insider information, including what currencies a given exchange plans to start supporting.”
The third priority is “improving disclosure.” The CEO of Money Partners Group explained, as conveyed by Nikkei:
[Cryptocurrency] exchanges rarely provide statistics such as total accounts and assets, leaving consumers with too little information to choose one over another. Online brokerages, by contrast, release this data monthly.
The group aims to establish a system for timely disclosure, the news outlet detailed, noting that the country’s financial regulator, the Financial Services Agency (FSA), “applauded the group’s creation as a welcome, if overdue, move toward reform.”
Furthermore, Okuyama said that the association will leave the regulation of initial coin offerings (ICOs) to the judgment of an FSA study group.
What do you think of this new Japanese association and its self-regulatory priorities? Let us know in the comments section below.
Images courtesy of Shutterstock and the new Japanese Association.
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