Platform Waves the start of the stress test of the new technology Waves-NG

Russian platform Waves announced the introduction of new technologies to process thousands of transactions a minute. Because of this, Waves will be the fastest decentralized blockchain platform in the world. The outdoor stress test the innovative technology was launched on 8 November.

Technology Waves-NG increases the capacity of the blockchain and the speed. This is especially important for businesses using the platform in Waves. Waves-NG allows a multitude of microtransactions without delays typical for traditional blockchain systems. Platform Waves will be able to withstand heavy loads such as distribution of bonus tokens or tokens after ICO. In addition, will increase the speed of transactions in the decentralized exchange DEX.

Alexander Ivanov, founder and CEO of Waves Platform:

«We are very pleased to introduce the technology NG in our network. Waves is a platform for mass use, and it is therefore important that we can maintain high throughput while maintaining a high level of security. NG lays the Foundation for our continued growth and development of ecosystems».

Successful test of new test network Waves-NG has attracted the interest of traders cryptocurrency WAVES, with the result that for the last day of its market capitalization increased by 27%.

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The US state Department intends to use the blockchain as part of its reorganization

The introduction of blockchain technology could be a key part of a massive reorganization of the U.S. Department of State. This was stated by Deputy U.S. Secretary of state John Sullivan on a block chain forum, which took place on 10 October in Washington.

Audience consisted of representatives of the state Department, other government agencies and the private sector.

Sullivan told attendees:

«This forum has implications for our ongoing work on restructuring. We are interested to know if the blockchain technology to have direct application to many of the main points of the proposed restructuring».

U.S. Secretary of state Rex Tillerson proposed restructure, which for 5 years will save about $10 million, in September. While Sullivan acknowledged that the blockchain is not a panacea for solving problems of the institution, he stressed that he intends to investigate whether the technique can be used to optimize internal processes and increase efficiency.

Sullivan also urged employees of the state Department and other forum participants to consider how technology can be used in a diplomatic context, to strengthen national security and promote economic prosperity.

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At Amsterdam airport has installed a bitcoin ATM

One of the busiest airports in the world Amsterdam Schiphol — set test crypto ATM. The device offers users two leading cryptocurrency — Ethereum and bitcoin.

Airport management explained the installation of a cryptocurrency ATM with a desire to improve service to passengers. They will be able to get an ATM cryptocurrency instead of remaining euros that will be useful to them in their country, said the representatives of Schiphol.

“With Bitcoin we hope to help travelers because they can easily exchange “euros the local” to “global” bitcoin or Ethereum,” commented the news Director for consumer products and services of the airport for Tanya dick (Tanja Dik).

Cryptocurrency ATM airport helped to establish a local provider of software solutions company ByeleX Solutions BV Data.

“We are delighted that Schiphol has decided to work with us over so that we were able to provide travelers with a new scripturalist”, — said the Director of Byelex Vissia Herman (Herman Vissia).

We will remind, earlier it was reported that the Australian Brisbane airport has implemented a system of calculating the cryptocurrency in 30 retail outlets in its territory. And the total number of the world’s bitcoin ATM exceeded 3 thousand.

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The results of the week in kriptonyte: bitcoin above $4000, fresh statement with the SEC and the new policy of the Tether

Summing up the week, remember the new statements of representatives of the SEC regarding the classification of Ethereum, tokens and tablconv, a curious change security policy token USDT, as well as appreciate in General the positive developments in the markets.

The price of bitcoin

Saturday, 16 March, the average weighted exchange rate of bitcoin for the first time since February 24, has returned to the levels above $4000, the company, according to CoinMarketCap, a maximum value of $4077. Confident the upward movement was accompanied by a surge in trading volumes – a day earlier, the figure for the first time since April last year, when the first cryptocurrency was trading around $8845, exceeded $11 billion.

Rate graph of BTC over the week 11-17 March 2019

Weekly growth of bitcoin was 2.44%, the capitalization rose to $71 billion.

As noted in the Twitter crypto expert Kevin Hands, and General, over the past five months, the trading volume of BTC has increased by around 150%, and average daily volumes today are at the highest rates from January 2018. Also, he drew that over the last 12 months only 9 days showed trading volumes above $10 billion, and five of these nine days were the lowest in March 2019.

On a positive note closing the week and the rest of the market, while in the CoinMarketCap top ten most impressive performance demonstrated Bitcoin Cash (of 18.64%), Stellar Lumens (13,36%) and Binance Coin (11.04 per cent).

Among the closest pursuers the greatest growth was Cardano and Dash – 13,30% and 11,21%, respectively.

Ethereum ends the week, trading around $141 (+3,38%), above $61 rose Litecoin (+8 and 18%).

Tether quietly updated its policy to ensure token USDT

Pegged to the U.S. dollar, the token USDT, as it was assumed until recently, fully backed by hard currency. However, the latest revision on the website of the Issuer stablon company Tether says that the situation now is different.

We are talking about the responsibility of ensuring USDT, and now the company claims, each coin is provided «reserves, which include traditional currency and cash equivalents, as well as, from time to time… other assets and future earnings from loans that Tether provided to third parties.» The company insists that each token remains pegged to the USD at a ratio of 1×1.

Tether previously stated that all the coins USDT 100% backed by US dollar. Partly these statements at the end of last year has confirmed Bloomberg.

New SEC statement on the classification of cryptocurrency and token

This week the Chairman of the Commission on securities and exchange Commission (SEC) Jay Clayton expressed the opinion that the second capitalization cryptocurrency Ethereum, most likely, may not qualify as securities. Thus Clayton agreed with the statement that last year was made head of the SEC Department of corporate Finance William Hinman.

«I agree with the explanation of Hinman tangent that deal with digital asset may cease to be an investment contract. For example, if buyers have no reason to expect that a person or group of persons will exercise managerial efforts and business ability. In such circumstances, the digital asset may not constitute an investment contract in the context of the Howie test», — said the head of the SEC.

Later senior consultant for the digital assets of the Commission Valerie Sepanik, however, said that norms of the law on securities may affect some types tablconv.

According to her, one stablon can be tied to real assets like gold or real estate, the other to Fiat currency, and the third is to use various «financial mechanisms that support the stability of prices». It is the third category, in her opinion, can become the object of attention of the regulator.

Great week for Stellar

One of the main newsmakers of the week was a Stellar project. So, on Tuesday, March 12, Stellar Development Foundation introduced a new logo, abandoning the «spaceship», which has long been associated with this cryptocurrency.

The next day about supporting Stellar Lumens (XLM) has announced a leading cryptocurrency exchange in USA Coinbase Pro. Soon we can expect an XLM on the main platform Coinbase.com and in mobile applications.

And on Friday it became known that the Stellar Development Foundation headed by the former chief operating officer of Mozilla’s Denelle Dixon. In this position, she changed the project’s Creator jed McCaleb. The latter has served as the chief architect and will be responsible for the further development of the Protocol and build a strategy for mass adoption of cryptocurrency.

Against the background of these developments, the average rate of the coins, starting to rise last week, up at some point Thursday to $0.111709. Taking into account a small correction at the weekend, over the past seven days XLM grew by more than 13%, and the cryptocurrency that significantly strengthen against the BTC, came out on eighth place by market capitalization.

The graph of price movements XLM for the last month

The launch of the network Cosmos from Tendermint

Wednesday, March 13, Tendermint Inc. officially announced the launch of Cosmos Hub – the first of a series of the block chain Proof-of-Stake, which in the future will become part of the ecosystem Cosmos. Work on the project, which sought to ensure the compatibility of different blockchains – first Ethereum and bitcoin, was conducted over the last three years. The production of blocks Cosmos Hub was launched on Wednesday, 13 March at 23:00 UTC.

The transaction with private token ATOM Cosmos network users is not yet available. These tokens will serve as collateral for validators, and currently they are used as a mechanism of choice of membership in Cosmos Network.

And already on Friday about the listing of token ATOM announced exchange Poloniex, although the state trading still unavailable: users can only view the balances, which is necessary to enter a seed phrase from the appropriate wallet in the interface of the exchange.

Auction ATOM in pairs with bitcoin and USDC will be opened after the vote, members of the network Cosmos for the activation of the translation feature.

At the same time the company Tendermint Inc. reported raising $9 million for the development of the ecosystem Cosmos. Round of financing Series A was led by hedge Fund Paradigm that is managed by Coinbase co-founder Fred Ersama.

The first IEO on Bittrex International has been frustrated

Tuesday Bittrex International announced the launch of its own platform for an initial exchange of proposals (IEO). The first such campaign focused on the gaming industry of the draft RAID was scheduled for Friday, March 15, but at the last moment was cancelled.

The official reason was called the gap of the strategic partnership project RAID and the company OP.GG. Representatives of the trading platforms felt that in such a situation the holding of licensee contrary to the interests of investors.

Another reason for the decision Bittrex could be an investigation in the publication of Coinspeaker, put into further question the integrity of the creators of the project.

The former head of Mt.Gox found guilty of forgery, but the prison is avoided

This week the Tokyo District court found former exchange CEO Mt. Gox Mark Karpeles guilty of forgery and sentenced to two years and six months imprisonment. Nevertheless, ahead of Karpeles probation in four years to prove their trustworthiness and to avoid real prison.

Note that the Prosecutor’s office demanded Karpeles to 10 years in prison, but on charges of embezzlement and breach of corporate law, he was acquitted.

«I am grateful to the court and I am glad that I was found innocent of embezzlement and breach of obligations», — said the Frenchman.

Karpeles and his lawyers are going to assess the situation and develop a strategy of action in relation to the issued charges.

Meanwhile in Russia…

On March 12, the state Duma finally adopted the law on digital rights. About what it will mean for kriptonyte in Russia, we have prepared a separate material, reviewing the document.

In addition, this week the Central Bank proposed to limit the annual amount of scriptaction available for purchase non-qualified investors. Later, the head of the Duma Committee on financial market Anatoly Aksakov explained that the proposal concerns only the participation of qualified investors in ICO.

Note that this week all the beloved Roskomnadzor, guided by the decision of Kuibyshev district court of Omsk on July 24, 2018, made in the register of banned sites and blocked access to four crypto-currency exchangers: Bestchange.ru, Fastobmen.net, Pushpayer.com and Xchange.cash. In its ruling, the court refers to Federal laws «About Central Bank of the Russian Federation» dated 10 July 2002 «On information, information technologies and protection of information» dated 27 July 2006 and on the informational letter of Rosfinmonitoring and the Central Bank from 2014.

Because of this, bitcoin is recognized a «money surrogate, which promotes the growth of the shadow economy and can not be used by citizens and legal entities on the territory of the Russian Federation».

ForkLog YouTube

Earlier in the week we went out the next issue of «Metconazole», which together with the analyst Maxim Onegin we talked about anonymous cryptocurrency Protocol MimbleWimble.

Also on our channel went live, «Explained the crypt». Guest of the issue was Evgeny Marchenko of SmartDec. With him we discussed everything to do with hardforum Ethereum.

Also, the channel published an interview with Sergei Garden, in which he talks about the evolution of the Internet and the prospects of Web 3.0.


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Overstock.com invested in the blockchain-a platform to fight against fake wine

Medici Ventures, the venture capital division Overstock.com invested in Israeli tech company VinX, which is developing blockchain platform for trading in wine futures. The exact investment amount is not named.

Futures allow wine connoisseurs and collectors to buy high-end wine for 1-2 years before its bottling. It can also be a profitable form of investment, since the price of these wines sold through auctions, is growing with time.

But, as noted in the press release, 20% of the wine in the world has fake markings. VinX plans to develop blockchain-based platform for trading licenzirovanie futures model futures on Bordeaux. The solution must ensure transparent and reliable supply chain of wine, directly link consumers with wineries and reduce the risk of fraud in the industry.

“VinX steps for tokenization wine futures, allowing wine enthusiasts no doubt know that the bottles they buy is filled with authentic product, will make the entire industry a model of the new global economy that will replace the “network pals” trust, based on the technology,” said CEO and founder Overstock.com Patrick Byrne (Patrick Byrne).

The use of solutions based on blockchain technology to track the origin of products is becoming more common. Recently, the Dutch supermarket chain Albert Heijn has announced plans to monitor the blockchain of the supply chain of oranges from which the juice under the brand name. And the shopping network, Sam’s Club, operated by Walmart, has decided to transfer to the blockchain, the control origin supply leafy greens.

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Cameron Winklevoss commented on the advertising campaign Gemini «Bitcoin needs regulation»

Co-founder and President of the bitcoin exchange Gemini, Cameron Winklevoss commented on the recent advertising campaign platform, held under the slogan «Bitcoin needs regulation». In particular, he explained that the rules need not the bitcoin, and the companies participating in this industry, especially in light of recent events around the exchange QuadrigaCX. This writes Bitcoinist.

It is no secret that the brothers Winklevoss for a long time expressed the need «rehabilitation» of the cryptocurrency industry, which throughout history pursued the hacks and scams, with the help of Gemini want to help her to get rid of the comparisons with the «Wild West.»

At the same time launched in January advertising campaign Gemini was subjected to considerable criticism from the bitcoin community is convinced that the only possible rules are rules of the Protocol itself, the fulfillment of which ensures your own full node.

His belief that the activities of cryptocurrency companies should be regulated by the state and that investors can’t get enough protection on the unregulated market brothers Winklevoss reiterated shortly after the start of the January campaign.

Now Cameron Winklevoss has continued this theme, explaining that the cryptocurrency in the rules does not require, however, these rules required companies. In an argument, he attached to his tweet the screenshot with the excerpt from the third report submitted by the Supreme court of Nova Scotia auditor QuadrigaCX Ernst & Young. In it, in particular, it refers to the 14 identified accounts that were created inside exchange outside of normal process and they had made «artificial» deposits, the funds from which were then used for trading.

The situation with the QuadrigaCX Cameron Winklevoss also raised in the joint with brother Tyler’s speech at the SXSW conference in Austin, Texas, this week.

«On the way cryptocurrencies we’ve seen a lot of corpses, and it was a good lesson. In the end, we are talking about the issue of trust. To achieve positive results needs some adjustment,» he said.

Additionally my thoughts on this question the head of the Gemini outlined in a recent blog post, saying the story caused the QuadrigaCX bitcoin industry’s reputation.

«You’re not going to keep their money in an unregulated Bank, and the same should be true for tripolarity,» said Cameron Winklevoss.

He did not ignore a party and «Protocol rules», which, as we have often said already have enough rules.

«We agree, but the protocols control the flow of funds within systems. They do not allow to monitor companies that build solutions on top of the protocols. All incidents in kriptonyte to date was a human problem, not a problem of crypto-currencies,» added Cameron Winklevoss.

For this reason, he concluded, Gemini will continue to do everything possible to work within a regulated field, offering maximum protection to investors and will continue to play an important role in the efforts of associations of virtual commodities (VCA).



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Deloitte: 92% blockchain projects on GitHub actively maintained

Only 8% of the blockchain projects hosted on GitHub, and actively supported by the developers. With 92% of the projects are practically «dead». This is indicated by the results of the research of the analytical company Deloitte.

According to the data of October 12, 2017, on the platform was published 86 thousand blockchain projects. In an average year is 8603 project, but in 2016 this figure amounted to 26 885.

Deloitte also found that projects organizations survive five times more often than those created by individual users.

Of all copied projects («forking» – copy of the project to the production environment) survives only 5%, and the average life expectancy blockchain project is 1.22 years.

With all the data of the Delloite report can be found here.

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Cameron Winklevoss: cryptocurrencies don’t need rules, the rules need companies

Co-founder and President of the bitcoin exchange Gemini, Cameron Winklevoss commented on the recent advertising campaign platform, held under the slogan «Bitcoin needs regulation». In particular, he explained that the rules need not the bitcoin, and the companies participating in this industry, especially in light of recent events around the exchange QuadrigaCX. This writes Bitcoinist.

It is no secret that the brothers Winklevoss for a long time expressed the need «rehabilitation» of the cryptocurrency industry, which throughout history pursued the hacks and scams, with the help of Gemini want to help her to get rid of the comparisons with the «Wild West.»

At the same time launched in January advertising campaign Gemini was subjected to considerable criticism from the bitcoin community is convinced that the only possible rules are rules of the Protocol itself, the fulfillment of which ensures your own full node.

His belief that the activities of cryptocurrency companies should be regulated by the state and that investors can’t get enough protection on the unregulated market brothers Winklevoss reiterated shortly after the start of the January campaign.

Now Cameron Winklevoss has continued this theme, explaining that the cryptocurrency in the rules does not require, however, these rules required companies. In an argument, he attached to his tweet the screenshot with the excerpt from the third report submitted by the Supreme court of Nova Scotia auditor QuadrigaCX Ernst & Young. In it, in particular, it refers to the 14 identified accounts that were created inside exchange outside of normal process and they had made «artificial» deposits, the funds from which were then used for trading.

The situation with the QuadrigaCX Cameron Winklevoss also raised in the joint with brother Tyler’s speech at the SXSW conference in Austin, Texas, this week.

«On the way cryptocurrencies we’ve seen a lot of corpses, and it was a good lesson. In the end, we are talking about the issue of trust. To achieve positive results needs some adjustment,» he said.

Additionally my thoughts on this question the head of the Gemini outlined in a recent blog post, saying the story caused the QuadrigaCX bitcoin industry’s reputation.

«You’re not going to keep their money in an unregulated Bank, and the same should be true for tripolarity», — said Cameron Winklevoss.

He did not ignore a party and «Protocol rules», which, as we have often said already have enough rules.

«We agree, but the protocols control the flow of funds within systems. They do not allow to monitor companies that build solutions on top of the protocols. All incidents in kriptonyte to date was a human problem, not a problem of crypto-currencies», — said Cameron Winklevoss.

For this reason, he concluded, Gemini will continue to do everything possible to work within a regulated field, offering maximum protection to investors and will continue to play an important role in the efforts of associations of virtual commodities (VCA).


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The head of BlackRock: «the Growth of bitcoin shows how much money is laundered in the world»

The growth of bitcoin and other cryptocurrencies can be judged on the extent of money laundering worldwide. This opinion was expressed by the head of investment company BlackRock Larry Fink in an interview with Bloomberg at the ETF conference, which was held in new York.

The belief that bitcoin and other scriptactive such as Ethereum and Litecoin are used for money laundering, tax evasion and gambling that cause most active criticism of cryptocurrency, considered as the shadow, for the most part unregulated sector.

Despite this, Fink is a supporter of cryptocurrencies and believes in their potential. He said he sees them as huge opportunities, but currently, the bitcoin surrounds «speculative.»

These comments reflect the critical comments made by other representatives of the industry.

So, last month the head of the us financial conglomerate J. P. Morgan Chase Jamie Dimon said that bitcoin is «false,» and worse tulpenmanie buttonmania of the 17th century and will not end well.

While Fink is more optimistic about technologies of the distributed registry, the so-called blockchain, which is based on cryptocurrencies.

According to Coinmarketcap, as of 14:55 (Kyiv/Moscow) the average rate of Bitcoin stood at $4264,76 per unit.

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Former Bitcoin Core developer, will testify in the case against Craig Wright about the theft of 1 million BTC and talk about Satoshi Nakamoto

Former Bitcoin Core developer, founder of Bloq and the Creator of the cryptocurrency Metronome Jeff garzik’s got a court summons to testify in the controversial case of Kleiman vs Wright about the alleged theft of 1.1 million BTC.

Requires the court to provide any documents that may relate to the case and to present evidence in favor of the fact that a mathematician Dave Kleiman, who died in 2013, was the Creator of bitcoin, Satoshi Nakamoto, if any. Also garzik’s bound to provide the court with information about the bitcoin mining in the period from 1 January 2009 until April 2013.

Renowned developer and CTO of a startup, Casa Jameson Lopp commented on the requirement mining with sarcasm:

«I hope not to have to talk a lot about mining. The task is quite difficult! All documents, agreements and communications regarding mining from 1 January 2009 until April 2013.»

It is noteworthy that the garzik’s obliged to provide information about these organizations, such as Silk Road, Liberty Reserve, Mt.Gox and the Prometheus Project. Simultaneously, the court wants to know about the communications with garzik’s cryptographer Ian Brigham, head of Center for strategic cyber security Richard Zaluski and Roger Ver.

Note that in the last year garzik’s suggested that Dave Kleiman is really hiding under the pseudonym Satoshi Nakamoto.

«Code of bitcoin written by someone very smart, but this man was not the classic approach. I personally think that Dave Kleiman is Satoshi Nakamoto. It’s his style, he was self-taught».

We will remind, in February of 2018 Ira Kleiman, brother of the mathematics, has filed a lawsuit against senior researcher nChain Craig Wright, accusing the latter in the appropriation of the order of 1.1 million BTC, which allegedly belonged to Kleiman.

«Part of this [assignment] was the creation of a series of contracts that involves the transfer of assets Dave [Kleiman] Craig [Wright] and/or companies under his control. Craig [Wright] made contracts backdated and forged the signature of Dave [Kleiman] on them» — say the advocates of the plaintiff.

Information on the possible involvement of mathematics to the creation of bitcoin first appeared in the 2015 edition of Gizmodo and Wired called Australian businessman and academician, Craig Wright possible the founder of the cryptocurrency, hiding under the pseudonym Satoshi Nakamoto.

Specialists of the company WizSec then analyzed the claims of Kleiman and came to the conclusion that neither Wright nor a mathematician with more likely never had such a number of bitcoins.

The history of the involvement of both to create a bitcoin at most was extended by Craig Wright. So, in the lawsuit she retold as true, although in fact the source simultaneously, is accused of numerous frauds.

In WizSec found that most bitcoin addresses, which are somehow prisovokupleniem to a scandal, never belonged and did not belong in an Australian entrepreneur and computer forensic analysis.

We will add that one of the addresses mentioned in the lawsuit, putting it back at the end of August 2018, when the network began moving thousands of bitcoins. In 2014 he was made the transfer to 111 to 114, 61515989 BTC, which were subsequently distributed in small portions at other addresses.

It is noteworthy that in December last year, the U.S. court declined to dismiss the suit against Wright.


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