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Olympic hopeful Lindsey Vonn suffered a back injury during a World Cup race in Switzerland Saturday, forcing the champion skier to withdraw from the competition. Per USA Today , Vonn collapsed at the finish line, clutching her lower back in pain. She tweeted afterward that her back seized up during the…
The United Nations brought down the hammer and that was it for the Hao Fan 6.
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Top Palestinian officials condemned US President Donald Trump’s recognition of Jerusalem as Israel’s capital, saying the decision would bolster extremists’ calls for holy wars and delegitimize the United States as an arbiter in the peace process.
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Andreas Antonopoulos announced publicly he’d paid down his debt and could finally get to the business of fully participating in the monetary movement he helped cultivate. This, in turn, caused some to remind others about the prudence of getting-in early when it comes to crypto assets. Mr. Antonopoulos further clarified his plight, detailing how the opportunity costs of keeping his bitcoin would’ve placed his family at financial risk. Rather than do that, he sold it all to stay afloat back in 2013. What happens next is a testimony to the generosity of bitcoiners, and the love our community has for the Greek citizen of the internet, with his Eddie Munster hairlines.
Love for Our Own
Andreas Antonopoulos has gone through nearly all of the hundreds percentage bitcoin price increase without enjoying its spoils. Mr. Antonopoulos isn’t just some guy who missed out on the crypto gravy train. He’s arguably the most respected and influential personality in the decentralized currency world. That he, of all people, was toiling away to get above water in terms of personal finances came as a shock to many of his fans.
Faster than a bitcoin transaction confirmation, the pan-crypto community came to a sudden realization, albeit subconsciously: How did we let this happen?! Twitter raged. Reddit posse’d up. Mr. Antonopoulos’ bitcoin address (1andreas3batLhQa2FawWjeyjCqyBzypd) and Patreon account were flung to all reaches of cyberspace.
Inevitably, shrill and less-than nuanced voices attempted to turn love into a gross political statement, the kind of tribalism many feel at least exhaustion at if not outright contempt. One-upmanships were on full display. Those less inclined toward toddlerism sat back and became philosophical: Whatever. Make this about internal bitcoin politics if you wish. Just support Andreas Antonopoulos.
In Defense of Optimism
The man of the hour took to his Patreon account and wrote in homage to the community he loves in turn, titled In Defense of Optimism. To read it in its entirety, interested folk will have to unlock the content. And it would not be right to give too much away, as that is the point of the entire exercise (and this article). But it’s worth quoting at least a little.
He recounts responses from his Twitter exchanges: “Over the next several hours, tens, dozens, then hundreds of people responded. I sat reading the responses with tears in my eyes. An outpouring of positivity washed over me. People I have never met jumped to my defense, reminding me that they started their journey after watching my videos, or reading my books. Some people attacked the original criticism and its author (which I strongly discourage). But the vast majority focused on optimism,” he clarified.
“Today,” Mr. Antonopoulos continued, “I am even more focused on my goals: educate the next 10 million users. Train the next 10,000 developers. Do it all in every medium possible. Do it in more languages. Do it with more energy, with more passion. Do it with unrelenting optimism. In the end, my engine runs on hope, it runs on optimism. And today, it’s turbocharged.”
At press time, donations to Mr. Antonopoulos were nearing 700,000 USD, with at least one generous soul slapping down 37 bitcoin, or over 500,000 USD in one donation. Now that’s love. Here is the bitcoin address, if YOU also would like to donate a few satoshis to the great Bitcoin explainer.
Tell us your Andreas Antonopoulos’ stories in the comments below.
Images via Pixabay, Twitter.
The post World Bitcoin Community Showers the Great Explainer Antonopoulos With Love and $ 700,000+ appeared first on Bitcoin News.
England lands in a favorable spot, while defending champion Germany will have a bracket including Mexico and Sweden in the first round of the tournament to begin June 14.
WSJ.com: What’s News Europe
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A new project, Rahakott, was launched. Rahakott is a cryptocurrency wallet that allows anyone to send or receive digital currencies and to monitor their balance. The surge in demand for cryptocurrencies drives demand for solutions that are more convenient and simpler to implement.
Digital currencies do not exist in physical form and are not stored in a single place. All that actually exist are transaction records in a blockchain. Therefore, when Bitcoin or other cryptocurrencies are transferred, the ownership rights to a certain amount are simply rewritten to your wallet’s address. However, to take control of that currency, the private key for your wallet has to match the public address to which the currency has been allocated. If they match, a withdrawal happens at one wallet and a deposit at the other. And all of this is just a record in the blockchain.
“The market does not currently offer that many choices of suitable, easy to use wallets that would give both security and speed in processing transactions,” comments Akke Svenson, the wallet’s founder. “We have had the audacity to address all the existing issues with the Rahakott wallet.”
The key issue is registration. It is on this step that some users simply cannot make sense of the system and go on to look elsewhere. The Rahakott service offers simple registration without email or phone, with just a mnemonic phrase.
Despite the simplicity of registration, the wallet is well-protected from hacking by two-factor authentication. In addition, users that conduct business using cryptocurrency can set up subaccounts for their clients and generate requests for payment. Rahakott has functionality that allows batch generation of a large number of addresses. Miners have the ability to set a wallet address as where they would like to receive their reward for mining.
The wallets are algoristic, meaning that a new address is generated for each transaction, which increases user anonymity. The existence of an API allows for the wallet’s functionality to be integrated into external web services and software.
“Rahakott went live on November 12,” says Akke Svenson. “We plan to keep perfecting the service’s functionality as we go. Our next step is to integrate currency exchanges, so that clients can choose the best exchange rates when converting to other cryptocurrencies and fiat currencies (P2P exchange). Our service serves to disrupt the status quo in the modern financial system, which is riddled with limitations, fees, and difficulties in processing transactions. We find ourselves at the starting point of a new, independent, and transparent financial future. And we’re building that world together!”
Akke Svenson, Rahakott.io cryptocurrency wallet founder
Entrepreneur, IT specialist, blockchain enthusiast. Graduated from the Royal Institute of Technology in Sweden and Stanford University in the US. He began his career at Ericsson, then worked on developing services for financial companies in Europe. For a few years he served as CTO at a Silicon Valley fintech startup. After that, he returned to Sweden and founded his own company, specializing in IT consulting. He became interested in blockchain in 2013, believing that modern technology will help build new economic relationships in the world.
Maksim Shreyder, Rahakott.io cryptocurrency wallet cofounder
IT expert. Graduated from the Moscow Institute of Physics and Technology and the University of London. He began his career as a programmer, developed projects in the e-commerce sector, and headed IT departments at Russian and English companies. In 2015 he became interested in cryptocurrencies and mining.
This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. 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 content, goods or services mentioned in the press release.
The post PR: New Wallet Rahakott Will Make the Cryptocurrency World More Accessible appeared first on Bitcoin News.
The guy replacing Kevin Spacey in a movie that’s supposed to be released in about a month is surprisingly at ease about pulling off a unprecedented cinematic move. We got Christopher Plummer Sunday in NYC where he was attending the premiere of one…
Heads up, armchair travelers. NASA is seeking a nickname for a tiny, icy world on the edge of the solar system that’s the next destination for New Horizons, the spacecraft that surveyed Pluto. New Horizons whipped past Pluto two years ago, and now it’s headed for 2014 MU69—gobbledygook to…
Just days after winning the World Series with the Houston Astros, ace pitcher Justin Verlander tied the knot with his longtime on-and-off girlfriend, super model Kate Upton. The couple was so eager to get married that Verlander, who pitched two games during the Astros’ 4-3 series victory over the Los…