The number of Lightning-the nod with support for the Tor network bitcoin has updated the historical maximum

Data analytical resource 1ML indicate an increase in the number of Lightning-the node that supports onion routing Tor in the main network of bitcoin.

So, at the moment their number is 359.

Note, users encourage each other to more actively use Tor to conceal the location of the GBR.

As of April 20, the network Lightning Network there were more than 8000 of nod and more than 38 000 payment channels, and it is transmitted 1063 BTC.

It is noteworthy that the newly released browser extension from Moon cryptocurrency startup that allows you to pay with cryptocurrency in Amazon and other online stores. Simultaneously, Google Chrome is considering an application for a product update which will add support for Lightning Network.

We will remind, earlier ForkLog made a list of best Lightning wallets.


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JPMorgan will expand the possibilities of their own interbank information blockchain system

The head of the clearing division of the financial holding company JPMorgan&Chase John hunter said that the functionality of the system for cross-border payments Interbank Information Network (IIN) based on blockchain Quorum will be expanded, the Financial Times reports.

So, the launch of a pilot project in partnership with the Australian ANZ and Royal Bank of Canada was held in the fall of 2017. Then the developers focused on applications of the IIN in the area of legal compliance in cross-border transfers, but now intend to exploit the potential of the technology in the calculations.

In particular, the participating banks will be able in real time to track the path of the payment. It is expected that the new functionality will be available in the third quarter of this year.

I should add that IIN is already used by more than 220 banks, and in testing was attended by 75 institutions, including Societe Generale and Santander.

Earlier, JPMorgan presented its own stablon JPM Coin for use in the international corporate payments, transfer of securities and to replace the dollars that are in the Bank vault.

Note, many analysts believe that the financial holding company intends to compete with the Californian FINTECH startup Ripple, which is the developer of several products for cross-border payments.


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Yaroslav Lunev: We are inclined to think that in the future, cryptography will be post-quantum

Interview

The blockchain industry is not confined to one technology of distributed registry, many companies tend to use different innovations. Perhaps one of the most puzzling development is a quantum blockchain. The launch of the first network, the quantum is built on a distributed registry, in the spring of 2017 announced the team of the Russian quantum center. The community is also known for the concept of the «quantum threat» against the blockchain. It means that when you build a quantum computer of some power he can instantly decipher the algorithms, blockchain-based networks such as Bitcoin.

How realistic is this threat and how the blockchain-industry can benefit from implementation of the standards of quantum mechanics, DeCenter asked Yaroslav Lunev, General Director of the project, CellFrame aimed at developing a blockchain Protocol, with «post-quantum» encryption.

Yaroslav Lunev

General Director of the project Cellframe

— If not everyone understands what a blockchain is and how it works, a quantum computer audience at all seems a miracle, magic. Let’s try to explain to the General reader what it is and what are the benefits.

I must say that I am totally not the person to answer this question, because I’m not a physicist, and an Amateur, so I will try to make it interesting and «not wrong».

A conventional computer operates with the concept of bits in the binary system as an atomic piece of information having only two possible values — one or zero. A quantum computer is based on «qubits», which, being in a superposition can have more values and thus be more effective.

To make it more clearly, you can bring one layman’s analogy, which is not an accurate description, but allows you to experience the difference between classical computer and quantum. We have a phone book with a list of names and phone numbers, each name consists of 10 letters and each number consists of 6 digits. Thus, the database of 1 million values (rows) will require 15.26 MB (128 million bits) to store it on a PC, while on the quantum we have a total of 16 qubit.

Yes, it is technically incorrect to say «keep», «hold» operation, but this example need to understand the difference of orders of magnitude. In a nutshell, it can increase the attainable amount of computation.

For example, imagine that we have a computer model of the human body, where each cell or even each molecule behaves the same as in life. We could simulate a bunch of things: the behavior of the molecules of new drugs with individual molecules of the organism, the nuclear reaction for the construction of new generation reactors, phase transitions in gaseous media, plasma physics and so on.

Another example, closer to triptanov, quantum threat, that is, a quantum computer can crack the bitcoin blockchain, for example. Traditional computers may very well multiply the numbers, but do not cope with the factorization. By «bad» means that this problem is solved by brute force, but it is not very efficient. This is based on the cryptography, you can still remember about PoW mining. Thus, for a very long time, a very powerful computer could theoretically crack the signature in the blockchain.

«Very long and very powerful» — is, of course, depends on the power of the computer, but still it’s billions of trillions of years. Although I could be wrong by several million orders of magnitude, but that doesn’t matter. You have to understand that this breaking is impossible.

But a quantum computer for a few thousand qubit can do it. Moreover, he doesn’t have time for this, then there is no talk of the order «he can do it in sextillion times faster», it’s like 1 or 0 — it happened at the time or not.

In General, it is important just to understand the approximate nature of a subject, and forecasts — a thing ungrateful.

— Although scientists are actively working on the implementation of the concept of a quantum computer, the researchers argue that the massive proliferation of quantum computers will be only in 10-15 years. Do you agree with this forecast?

My opinion here is worth nothing, I don’t work on the quantum computer. 10-15 years? Probably, Yes. Although, maybe not. It doesn’t matter. Just when quantum supremacy will be a constant, quantum resistant encryption should be standard, and standards are not created in one year.

In January of this year IBM introduced the first quantum computer with the capacity of 20 cubits. In Your opinion, this is a really important stage in the development of quantum computers and whether the power of the computer to practical use?

There is a caveat, he concludes that this is the first commercial quantum computer by 20 cubits. That is, it is a stable system for 20 the qubit, which can be sold and operate.

From the point of view of the market, must be important. From the point of view of the things we talked about, to be afraid of before, such a system 20 the qubit can be emulated today on a home computer, the only question is how much you have RAM.

— In Your opinion, what important events in the field of quantum computing should happen in the next two to three years?

Here I really is better to remain silent. For comments it is better to contact the Russian Quantum Center.

— Then let me turn to the concept of quantum blockchain. How exactly to combine these two technologies? And what does it do?

At this point should finally tell you about our project. Our Protocol of post-quantum and non-quantum. This means that it can be applied after a quantum computer will be created. While quantum blockchain would use the principles of quantum computer. Although you can add that, owing to the flexibility of the system, nothing prevents in the future to add the quantum key exchange in the CellFrame and release on the same ecosystem the real quantum token.

In other words, we create the most effective Protocol using a quantum-resistant encryption. Quantum-resistant signatures themselves are more used now that imposes restrictions in terms of efficiency. So we almost everywhere use clean language «C» to be closer to the metal and make a more efficient product than all of the blockchains.

One more thing: we don’t know which labels or algorithms are in fact quantum-resistant. We can only calculate and guess.

Right now there is a project Post-Quantum Cryptography at the National Institute of Standards and Technology, where very smart people are trying to standardize algorithms and signatures, in a few rounds they check and eliminate the various options.

So we laid in the Protocol, the variability of the encryption, it is possible to change the encryption types on the fly. Now we have implemented 4 different options, but wait for the results of this project and implement all necessary.

— So can the quantum blockchain to overcome a theoretical threat, in fact, a quantum computer?

This is the difficulty: we can talk only in theory, not yet practice.

— What is the value of post-quantum blockchain if it becomes popular, will have participants blockchain industry? What will change?

We are inclined to think that all our future will be post-quantum. At least «just in case». Therefore the future needed a similar Protocol.

— Your Protocol will be open or closed blockchain network? What is the business model? Maybe plan something to offer companies?

The network is open, but with the ability to create private «shards» and networks. From the point of view of monetization, we can equally well move in the direction of corporate customers, and retail.

If we talk about specific solutions, we’re about to launch a distributed VPN our Protocol. Our solution will eliminate the boundaries in the use of the Internet anywhere on the planet, regardless of DPI, the national firewall. In addition, we use post-quantum encryption and the bandwidth limit of the Protocol — the capacity of the iron.

— Please tell us briefly about the other key team members of Your project.

The roots of our team are drawn from Akademgorodok of Novosibirsk. From there myself. Dima Gerasimov, our technical Director, and the author of architecture of the last 10 years of experience in network security, has launched several commercial VPN systems. Eugene Grishakov is our operating officer, he has extensive experience in building business systems.

We all have experience with bloccano, each of us participated in several projects. In addition, probably need no introduction Basil Tumanov and Dmitry Chirkin, they are also members of the team. We also have several international advisers.

— Who finances Your project? What kind of business might be interested in a promising development, which will become relevant only after the start of a real quantum computer? Or the project is implemented on non-profit grant?

We have a private investor and own funds, these funds and implement the project. It is incorrect to say that the urgency of development depends on the appearance of a quantum computer.

The prospect of our development in its architecture that most effectively uses resources of the computer system and can be used at any level — from mainframe to smart refrigerators.

When planning we thought about a system that can withstand the flow of hundreds of millions of users daily. I understand that to us it is said a dozen projects, but we can provide something that nobody showed — the system in detail and code.

In 2017, scientists from the Russian quantum center (RCC) stated that «for the first time in the world» has launched a quantum blockchain? Is that a correct statement?

I tend to believe the RCC. I can’t even reason to imagine that they do not believe.

— Why banks became the «testing ground» for quantum of the blockchain, in an interview, pointed out the RCC employee Alexei Fedorov? They are most interested in to ensure maximum data security?

Most likely. Absolute security of information, especially financial important thing priceless.

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Chinese companies rush to break up with bacchanal — #DeCenterDaily

News

The price of bitcoin fell to $11,000, altcoins declined by 15-35%.

Chinese companies rush to break up with bloccano.

In the light of new regulatory changes and the recent allegations of the company Xunlei «potentially dangerous financial models» IMO several FINTECH companies of China stated that nothing to do with the blockchain industry. January 14 mining manufacturer Shenzhen Kaifa Technology voluntarily disclose financial information, saying that only «explores the blockchain technology» and does not receive a large profit. Meanwhile, the company is recognized as the world leader mingoval technology only this January has produced 150,000 mining installations. Earlier in January it was reported that two other companies — IDG Capital and Circle — was going to invest in Sichuan Shuangma Cement Co Ltd for the development of blockchain technology, but on Sunday Sichuan Shuangma Cement declared that does not intend to develop any blockchain services and is not associated with these companies. U9 Game last Friday, has issued a statement, saying that only publishes news blockchain industry on its website, and stressed that he is not going to attract funds on the blockchain. And judging by recent news, Chinese entrepreneurs have taken the right course: according to the internal Memorandum, the Deputy Chairman of the people’s Bank of China (PBOC) pan Gunsan believes that the government should strengthen the measures against cryptocurrency trading. He calls to ban the crypto currency exchange as well as the activities of individuals and institutions associated with the cryptocurrency market (including wallets and other services). In his words, «pseudo-financial institutions, which have nothing to do with the real economy, it is not necessary to support.»

Coinbase CEO responds to accusations flooding the Bitcoin network.

One of the largest cryptofauna exchanges Coinbase has been repeatedly criticized for the lack of SegWit Protocol and transaction batching. Jameson Lopp, senior engineer at BitGo, commented: «it’s Not a discovery that a significant cause of congestion in the network Bitcoin caused by such popular services like Blockchain, Coinbase and Gemini, which are efficient use of space blocks. If you do not want to contribute to it, don’t use them.» Lopp noted that several major exchanges, including Bitstamp, HitBTC and Kraken, use batch processing IIRC, and SegWit, helping to reduce fees and facilitate the network. But overload is only getting worse: despite the fact that the daily volume of transactions has fallen from 450,000 to 225,800, according to the service Blockchain size mempool Bitcoin remains more than 121 million bytes with an average block size of 1.05 MB. That is, the blockchain shows the same level of downloading that a few weeks ago when the network was treated with twice the volume of transactions. In response to allegations of Loppa and other experts Coinbase CEO Brian Armstrong said that the company was «working on bundling transactions SegWit and a number of other strategies» to resolve the stagnation in the Bitcoin network.

The BCH trade on the stock exchange GDAX will be under the «limit only».

Today, January 17, at 9:00 Pacific time, the exchange GDAX re-launches the trading in the pair BCH/BTC. It will also allow you to purchase bitcoin cache for those customers who can’t buy it on other sites (for example, it is not traded in tandem with the Euro). In December, Coinbase was forced to suspend trading bitcoin cache, and in their exchange, and a subsidiary site GDAX shortly after launch due to suspicions of insider trading. Now GDAX introduces a new condition «limit-only», according to which users will be able to place orders for a limited amount. According to the company, this measure provides traders with complete control over price and was adopted taking into account such factors as the liquidity of the order book and price volatility. Mode a full trading (full trading) will be available after the stage limit-only. The team also announced the introduction of new highs and lows on the order.

Lithuania’s Central Bank has launched a regulatory sandbox for blockchain-related startups.

The initiative LBChain the Bank of Lithuania will start the blockchain-a platform on which companies can build services and test financial products under the supervision of the Central Bank. Marius Jurgilas, member of the Board of Directors of the Bank of Lithuania, said that «the technology of the blockchain has huge potential application in the clients ‘interests, both financially and in the public sector». He also noted the need for controlled development of this technology that will provide a «particularly favorable opportunities for investment and attract talent, as well as application of cutting-edge innovation.» The launch of the platform scheduled for the year 2019 and the European Union have already expressed their willingness to sponsor the initiative. Private FINTECH project with the use of the blockchain in 2016 launched the Bank of England and the Bank of Russia plans to launch a regulatory sandbox in the beginning of 2018.

The Central Bank of Germany has offered triptoreline in the world.

During his speech in Frankfurt Director of the Bundesbank’s Joachim Wuermeling stated that bitcoin should be regulated by international rules, and not separately for each country. Wuermeling believes that cryptocurrency has no boundaries, it is difficult to regulate within a particular region or country. «Effective regulation will be achieved only through extensive international cooperation, because of the regulatory power of individual States obviously limited,» he said. The joint discussion of crypto-law in December called on the Minister of Finance of Franchione Le Mayor and member of Council of the European Central Bank Ewald Nowotny.

Mixers, exchanges and gambling sites realize 97% of criminal trafficking of bitcoin.

Joint report of the Center of the sanctions and illicit Finance and company cryptocurrency examinations Elliptic notes that illegal cryptocurrency ecosystem is concentrated around a small number of small services. The authors of the report Yaya’s Fanusa and Tom Robinson examined the «dark» flows of bitcoin from 2013 to 2016, keep track of transactions with known fraudulent resources (in particular, nascoservice darknet) on potential sites of money laundering. The report shows that most of the «dirty bitcoin» is just three types of sites: «Mixers constantly treated about a quarter of incoming illegal bitcoins per year. Proportion, laundered through the exchanges and gambling together relatively unchanged and is 66-72%». Collectively, these sites pass 97% of the illegal turnover and 50% of the total bitcoins.

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Sin or grace? How world religions relate to the crypto industry?

Article

Crypto-industry is slowly but surely becoming one of those constantly causing a heated debate between ardent supporters and opponents, taking his place somewhere between the themes of politics and religion. Someone thinks that bitcoin and all cryptocurrency is a bubble that will certainly burst soon, and someone, on the contrary, believes that digital currencies financial future of mankind. This is often reminiscent of a heated argument between liberals and conservatives, atheists and religious leaders. The latter is also split in their views on the blockchain, and some even attempt to collect donations in bitcoin.

In Islam

So, the London Turkish mosque Sequell lane managed to collect cryptocurrency in the amount of 13,983 pounds during the celebration of the Islamic holiday of Ramadan. While its Fiat alms are unable to overcome the barrier and 3500 pounds. A religious organization has implemented your project using Blockchain Combo Innovation dedicated to the financing of Islam. Within a month the purse of the mosque came 24 donations from different parts of the globe.

«Many people in the mosque were initially skeptical about the fact that we took new money. However, the fact that we received four times more from donations in cryptocurrencies, shows how important it is to open these new digital money,» said Eric Guni, head of the religious community. Interestingly, becoming the first Turkish mosque to accept bitcoin as donations, Sequel lane stands in opposition to Ankara.

«Buying and selling of virtual currencies is currently incompatible with religion due to the fact that their assessment is open to speculation, they can easily be used in illegal activities such as money laundering. They are not under government control and supervision,» said Turkish Directorate for religious Affairs.

Other Islamic leaders believe that «flirting with the cryptocurrency» to fall. For example, the mufti of Egypt has spoken out against it, saying that their anonymity gives scope for actions of drug dealers and other illegal operations with goods in the Internet.

In Christianity

However, more and more religious organizations have a genuine interest in the cryptocurrency. So, in January, Evangelical Church in Zurich began to take bitcoin as tithing.

The representative of the Church, Nicolas Legler, said that bitcoin and other digital currencies will soon be inseparable from the daily life of each person. Therefore, they need to keep up with the times.

New communities want to use the Ethereum blockchain as a revolutionary potential to serve the gospel.

«I believe that the technology of the blockchain is one of the most important advances over the past decade, said South Korean co-founder of Brantley Millegan. And the Catholic Church as the largest global organization in the world, has a unique opportunity to obtain the benefits from its use».

What is the benefit, according to the Catholic crypto-Evangelist, it can bring to the Church?

In his opinion, it is, first and foremost, the empowerment of the poor in developing countries. Secondly, fast, cheap, secure international payments, providing long-term storage of important information. These properties of the payments required for the various sacraments and rites. The group also wants to introduce Catholic values in a growing community of the blockchain. «In the cryptocurrency industry is full of smart people, they are absolute fanatics of their ideas, which could radically change the world — said Millegan. — We want the Catholic tradition had a place at the table during discussions about it.»

«A large part of the Catholic community continues to be wary of websites, smartphones and social media, concluded the religious leader. — We need to do everything possible to seriously deal with new modern technology, before we find ourselves behind. And we believe that the blockchain should be at the top of the list.»

At the end of 2017, the organization «Christian traders» presented koin CT Global as a cryptocurrency for the global Christian community. The company claims the role of eliminator giant gap between wall street and Main street. CT Global Coin is based on the Ethereum blockchain. ICO ended in December 2017.

According to the creators, because many people in the world no Bank account, but most of them, even in the poorest regions of the world, have a cheap phone with Internet connection, with the Christian trading system Traders Global Coin they can use alternative financial assets.

In Buddhism

The Buddhists also did not remain aloof from the blockchain. Last summer a group of programmers-the Buddhists said that they are going to create the world’s first cryptocurrency spiritual community «Lotos Network».

The main objective of the project is the creation of a «global monastery» that uses its own cryptocurrency, «Signs of karma.» To earn it can be via training and meditation.

In the Foundation community should form their own economy based on «Pocket coins», which, according to the authors, are the first concept of «Buddhist Economics» — this definition belongs to philosopher and Professor at the University of Berkeley, Claire brown. In Lotos are confident that we can create an economy free of the materialistic shackles of conventional currencies.

Creating a transparent spiritual community based on the block chain, the developers hope to largely eliminate corruption and quackery. «Decentralization solves the problems of religion — corruption, incentives, efficiency and accessibility. Due to the transparent transaction corruption becomes impossible. Karmic stimulation becomes noticeable. Efficiency is carried out empirically using the protocols with open-source. Global access is achieved by cloud Dating service», — stated in the white paper of the project.

Community members will pay monthly dues for access to exclusive content. Members can also earn karma coin through teaching Buddhist practices. Coin can be spent on courses, donations and monthly fees.

The relationship between religion and new technologies throughout history have been quite difficult, but over time they can dramatically change. And today it is show as a separate religious figures and entire institutions. Who knows, maybe soon for alms in any Church can be done only with your smartphone.

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Financial regulators: the USA and Canada are more than 200 investigations of cryptoprocta

The North American Association of securities administrators (NASAA) reported that at the moment financial regulators: US and Canada working on different levels of securities markets, in ongoing operations in may CryptoSweep are more than 200 investigations in relation to the ICO and cryptocurrency investproektov. During this time in operation in this area recorded 47 cases of use of coercive measures.

The President of NASAA and Director of securities Commission of Alabama’s Joseph Borg (Joseph P. Borg) said that regulators at the state and local levels use significant resources to protect investors from fraudulent schemes. However, in addition to fraud, the regulators are also faced with a large number of violations of the laws in this area, including the incorrect registration of products before they are offered to users.

However, NASAA emphasize that even past the registration procedure for products can be fraudulent, and therefore investors should study them carefully before investing.

We will remind that since may of this year Management of financial services and markets Belgium (FSMA) made the list under the heading “Cryptocurrency trading platform: beware of fraud!” more than 50 projects.

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Kadyrov announced the intention to introduce in Chechnya blockchain technology and buy bitcoins

The head of Chechnya , Ramzan Kadyrov wrote in his Telegram-the channel that supports the implementation of blockchain technology in the region and decided to invest in bitcoins-to follow the development of cryptocurrencies:

I already said that in the Chechen Republic will implement a blockchain. I am also interested in innovative payment network.

I decided to purchase a share of bitcoin to follow the development of cryptocurrency. An investment in bitcoins, of course, thing questionable, you can lose all the money, insurance no.

However, Kadyrov has expressed concern about a possible fraud with cryptocurrencies and supported the idea of regulation in this sphere.

We will remind that the state Duma is going to adopt a law on regulation of the cryptocurrency in may.

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The Federation Council approved the law on isolation of Runet

The Federation Council adopted the law about the isolation of the Russian segment of the Internet. This is stated in a press release.

The law was adopted almost unanimously for its approval, made 151 Senator, four voted against and only one abstained. Now the document will go to the signing by President Vladimir Putin.

We will remind, the state Duma finally adopted the law about the isolation of the Russian segment of the Internet in the third reading last week.

It is expected to come into force from November 1, 2019, and individual provisions (cryptographic information protection about national domain name system) from 1 January 2021.

The implementation of the law from the state budget will be allocated at least 30 billion rubles.

ForkLog previously discussed with the experts the risks associated with sovereign Runet, and their potential impact on the cryptocurrency industry.

Download the app ForkLog for Android!

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The people of South Korea began to actively invest in cryptocurrency

The average amount of investments of investors from South Korea to cryptocurrencies is $6100, which is 64% more than last year, reports Cointelegraph.

According to a survey conducted by the Korean Foundation for the protection of portfolio investors, in addition to sums increased, and the percentage interested in investments in digital assets. Thus, 7.4 per cent of the 2,500 respondents have already purchased the cryptocurrency (last year the figure was 6.4 percent). It is noteworthy that this figure has increased, despite some major hacking of the South Korean cripture, and tighter regulation of the industry.

The revival of the market analysts attribute the recent jump in bitcoin prices and the hope of a new bullish rally.

We will remind, recently it became known that 94% of the funds the management of the trust capital to invest in cryptocurrencies.


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The cryptocurrency market has sagged amid heightened attention to SEC ICO

The Commission on securities and stock exchanges of the USA (SEC) began a study of the cryptocurrency market and calls for giving the relevant evidence technology companies and consultants working on the cryptocurrency market.

According to sources, The Wall Street Journal, the SEC became interested in the “sales and pre-sales within the framework of a public offering of tokens (ICO)”, and we are talking about tens of subpoenas. However, the Commission refused to comment on the issue.

Against this background, the message loop of the main cryptocurrency showed a slight decline. Bitcoin, according to CoinMarketCap, temporarily fell by almost 2%, Ethereum and Bitcoin Cash fell by almost 3%, and Ripple — 4.3%. At the moment, the market capitalization of crypto-currencies is $448,64 billion, while the share of bitcoins accounts for about 40% of the market.

Recall that the SEC brought fraud on the market of cryptocurrencies and ICO to the priorities of 2018, and in the middle of February has suspended the stock trading of three companies after checking their statements about the acquisition of cryptocurrency and assets associated with the technology of the blockchain.

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