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Telegram’s new blockchain project will be compatible with ethereum, according to a tech startup building tools for the network. The messaging company is expected to release the code to run a node on the Telegram Open Network (TON) on Sunday, allowing users to trial its project in advance of the project’s expected mainnet launch on Oct. 31. TON Labs, a tech startup helmed by investors in Telegram’s token sale, is building a number of tools for developers to help them build on the new network. One of these tools will be a Solidity compiler, which will allow decentralized applications built for ethereum to also run on TON, said TON Labs CEO and managing partner Alexander Filatov. Filatov told CoinDesk: “That was probably the most difficult thing we built. It will allow the advanced Ethereum community to pull everything they wrote for ethereum into TON.” The compiler has been in testing since July, he said. Pre-launch tests As mentioned, TON is expected to launch by Oct. 31. If ...

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. We have a couple chat rooms now! General Price Talk Please check the previous discussion thread for unanswered questions. submitted by /u/rBitcoinMod [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2ZqLhpB

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Solving the blockchain scalability challenge requires coming up with new consensus mechanisms that support different nonfinancial use cases. Blockchains and the related field of decentralized technologies represent a massive opportunity for humanity — not to mention the fact they appeared with almost perfect timing. Our largest institutions have become so powerful that they can take advantage of normal people without repercussions. Look no further than Facebook spying on its users and the surveillance state run by the Communist Party of China.  Fortunately, blockchain technology, cryptography and other distributed systems act as a counterbalance to this extreme consolidation of power. They are defensive technologies that empower the many against the few. Like BitTorrent disrupting the music industry, cryptocurrencies and decentralized applications are nearly impossible to shut down.   Challenges of blockchain scalability Fundamentally, a blockchain is a time-linked...

IEO exchange are only the trade stage where token deals are held upon. In addition, this is the significant technique for venture for new companies, where crypto market select undertakings and sell tokens. The essential distinction among ICO and IEO is the manner by which the job of trades are finished. Since during the ICO posting more often than not takes on a while after the first round of the token deals submitted by /u/crypto_currencyworld [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2zBqXST

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I bought bitcoin back in 2015 through localbitcoins. Just wondering if something has changed in the past 4 years and if there are better ways to buy now, with as little hoops to jump through as possible... submitted by /u/IJustLoveWinning [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/34awaz8

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Following up on several announcements from Flash Memory Summit earlier this month, Toshiba has shared more information about their plans for transitioning their NVMe SSDs to PCI Express 4.0. None of their PCIe Gen4 SSDs are particularly close to volume production, so rather than share preliminary performance numbers Toshiba is talking more about which product segments will be migrating first and what other design changes are coming at the same time as the interface speed boost. Toshiba’s perspective on final products and market readiness stands in contrast to the roadmaps from the SSD controller vendors that are racing to be the first ready with a full lineup of PCIe 4.0-capable controllers. Toshiba expects the server market to be the first segment to embrace PCIe 4.0. AMD has just launched their second-generation EPYC platform with a comparative wealth of PCIe 4.0 lanes, and companies like Broadcom and Microsemi are offering PCIe 4.0 switches and HBAs. The ecosystem is just about re...

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Hi, I am wondering if anyone has tried setting up 2 of 3 multisig with 3 different hardware wallets (Trezor + Ledger + Coldcard) on Electrum wallet? Would you consider this a secure setup for long-term hodling? Putting all three hardware wallets in 3 different secure locations. Any feedback is greatly appreciated! submitted by /u/Bignana [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2NHZ97u

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Automotive supplier Continental is providing a demonstration of its data monetization platform with an earning app for sharing car parking data. Automotive supplier Continental has unveiled an application called Earn As You Drive, which uses blockchain technology to monetize car user information. Parking space data for digital currency Forbes reported the news on Aug. 29. Per the report, Continental has partnered with tech firm Hewlett Packard Enterprise and open source network provider Crossbar.io to create Earn As You Drive. This application reportedly lets drivers opt in to earn digital currency for sharing information about street parking availability through vehicle sensors. The data is shared with a manufacturer, who in turn sends it to a third party parking service. The new app relies on Continental’s blockchain-based Data Monetization Platform (DMP). As previously reported by Cointelegraph Brasil, Continental partnered with Hewlett Packard for this development, which was...

Bitcoin introduces incentives that encourage people to save, be frugal, and take personal responsibility over their finances. Our planet is suffocating under the weight of human civilization. We have to make our economy more eco-friendly. Bitcoin offers people an alternative path. This is what our government, businesses, bosses, friends, and family all need to understand, otherwise the next 100 years will not be pretty. submitted by /u/the420chronicler [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2ZGeFXU

Cielo, the largest credit card processing company in Brazil, recently announced support for cryptocurrency payments on its point-of-sale devices. Cielo, the largest payment processing provider in Brazil, has unveiled support for Bitcoin ( BTC ) and cryptocurrency purchases on its point-of-sale (PoS) devices. Crypto payments via QR codes Cointelegraph Brazil reported the news on Aug. 30. According to the report, users can make crypto payments through Cielo PoS devices via QR codes. The PoS machines generate QR codes for payment, and the customer can then use a smartphone in order to scan a code and make a payment. The customer also reportedly needs to hold either an account with Uzzo or Criptohub — Cielo’s network partners — in order to complete payment.  Cielo president Paulo Caffarelli remarked that its partner banks, including Bradesco, are backing the new crypto payments offering. Additionally, Cielo may begin supporting crypto payments that don’t require a PoS machine i...

The total crypto market cap extended its decline below the $240.0B support area. Bitcoin price is under a lot of pressure and it even broke the $9,500 support area. EOS price is slowly moving lower towards the $3.100 and $3.000 support levels. BCH price broke the $280 support and it seems to be moving lower towards the $270 level. Tron (TRX) price is still holding the key $0.0150 support area and is consolidating losses. Cardano (ADA) price is facing an uphill task and it may decline further to $0.0420. Bitcoin and the crypto market cap are eyeing further downsides. Ethereum (ETH), EOS, Tron (TRX), BCH, ripple , ADA and BNB are trading in a major downtrend. Bitcoin Cash Price Analysis Recently, there was a major downside break below the $300 support level in BCH price against the US Dollar. The price even broke the $280 support level recently to move further into a bearish zone. The next key support is near the $270 level, below which the price could extend its decline towar...

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Ripple price recovered recently, but it failed to break the $0.2600 resistance area against the US dollar. The price is currently moving lower and remains at a risk of more downsides below $0.2500. Yesterday’s highlighted major bearish trend line is active with resistance near $0.2580 on the hourly chart of the XRP/USD pair (data source from Kraken). The current technical structure suggests more downsides as long as the price is below $0.2620. Ripple price is gaining bearish momentum against the US Dollar and bitcoin . XRP price could trade to a new monthly low if it continues to struggle below $0.2600. Ripple Price Analysis Yesterday, there was a sharp decline in ripple below the $0.2600 and $0.2580 supports against the US Dollar. The bears took control and pushed the price below the $0.2500 support level. Moreover, the price settled below the 100 hourly simple moving average and traded to a new monthly low at $0.2460 . Recently, there was an upside correction above the $0.250...

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One of the world's largest crypto exchanges has launched an initiative to boost open-source blockchain development. from CoinDesk https://ift.tt/2ZqaTCP

ETH price is under a lot of pressure below the $170 and $175 resistances against the US Dollar. The price is likely to decline sharply if it settles below the $165 support area in the near term. There is a declining channel forming with resistance near $169 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent recovery if the bulls manage to push the price above the $175 resistance. Ethereum price is trading in a bearish zone versus the US Dollar and bitcoin . ETH price could continue to move down if it breaks the key $165 and $162 supports. Ethereum Price Analysis Yesterday, there was a sharp decline in ETH price below the $182 and $180 supports against the US Dollar. The price even closed below the $180 support and the 100 hourly simple moving average. Finally, there was a break below the $170 support and the price traded to a new monthly low near the $164 level. Similarly, there were heavy downsides in bitcoin, ripple , EOS, and binance coin. ...

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“The new strategic partnership leverages the expertise and market reach of three highly successful companies – Yankee Global Enterprises, one of the world’s leading sports brands; Sinclair Broadcast Group, a diversified media company and leading provider of local sports and news; and Amazon, the innovative, multinational technology company,” stated the press release. The three companies will work together to enhance the position of the YES Network. Sinclair earlier this month purchased 21 regional sports networks from Disney, which it originally acquired when it bought the bulk of 21rst Century Fox’s entertainment assets back in March. The corporation was ordered by the Department of Justice’s antitrust division to sell the regional sports networks. The government’s argument was that if Disney didn’t divest its regional sports networks, it would lead to higher prices for cable sports due to lack of competition between Disney and Fox. Disney’s sale of YES Network, which focused on re...

I asked my girlfriend to ask me anything about bitcoin that she wanted to understand better and what she asked stumped me. She asked, if a small child wanted to open a lemonade stand and sell cups of lemonade, but was not allowed to use any technology (could basically only accept cash), how could they get paid bitcoin. Assuming they can’t create a wallet, etc. Similarly, if there was no power at all in a city for days (like after a hurricane) and people didn’t have their phones or access to the internet, how difficult would it be to use bitcoin? Isn’t cash much easier? I couldn’t think of any good answers to her questions. Any help? submitted by /u/awertheim [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2PqWfXi

Cryptocurrencies provide a "new layer of secrecy that favors the criminals," said a top-ranking staffer of the UN's Office on Drugs and Crime. from CoinDesk https://ift.tt/349sTQD

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The dollar-pegged stablecoin tether (USDT) has become a virtual bridge between Chinese traders and global markets. from CoinDesk https://ift.tt/2PnRCxk

Samsung has started sales of one of the industry’s first curved monitors featuring a 240 Hz maximum refresh rate. Aimed at gamers and esports professionals ‘looking for maximum performance’, the CRG5 supports NVIDIA’s G-Sync variable refresh rate technology as well as multiple features designed specifically for this target audience. The Samsung 27-inch CRG5 display is based on a curved VA panel featuring a 1920×1080 resolution, 300 nits brightness, a 3000:1 contrast ratio, a 4 ms response time, a 240 Hz maximum refresh rate, and a 1500R curvature. The LCD can display 16.7 million of colors and can reproduce 72% of the NTSC 1976 color gamut, which is in line with monitors developed primarily for hardcore gamers and esports enthusiasts. Three key selling features of the CRG5 are curvature, support for NVIDIA’s G-Sync variable refresh rate technology, and a 240 Hz maximum refresh rate, a combination not available previosly. Meanwhile, since the monitor is designed for a very special t...

The People’s Bank of China’s much-anticipated digital currency may allow fund transfers without needing a bank account, according to Binance Research. Binance Research, the research arm of the major crypto platform Binance, has reported that no bank account will be necessary to use China’s Central Bank Digital Currency (CBDC). Loose coupling and anonymity Binance Research shared its findings on Aug 28. According to the report, China’s CBDC will be transferable without a bank due to its loosely coupled design. As explained by the researchers, a loosely coupled design refers to a system of components that do not all depend on each other. The upshot is that users will reportedly be able to transfer the CBDC to one another without needing a bank account. The goals of this design are to provide a degree of user anonymity, promote a CBDC turnover rate equivalent to that of cash and to boost the circulation and internationalization of the renminbi. Smart contracts? The report also put...

McAfee Labs has observed increases of 29% in crypto jacking and 118% in ransomware attacks in the first quarter of 2019. Cybersecurity company McAfee Labs has released its August 2019 threat report, which notes an increase in cryptojacking campaigns and ransomware attacks in Q1 2019. Cryptojacking on the rise McAfee Labs posted their report on the company’s website on Aug. 28. According to the report, crypto jacking — installing and running a cryptocurrency miner without user permission — has been on the rise, with a 29% increase in crypto jacking campaigns in Q1 2019. Additionally, the company discovered new malware families for both Microsoft Windows and Apple users. One crypto jacking campaign they discovered was PsMiner — a crypto jacker for mining Monero ( XMR ) on Windows machines. McAfee Labs reportedly found that PsMiner used a PowerShell command to deploy its payload, which they further found is the crypto jacking norm for targeting Windows computers. Additionally, the ...

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If you don't want to read, just go here and star this repo: https://github.com/lastmjs/enable-cryptocurrency-in-funding-yml Hey everyone, GitHub Sponsors just recently released, allowing GitHub repositories to show the official means of donating to them. They do this through a special file called `FUNDING.yml`. It supports official fields such as `patreon`, `open_collective`, and `tidelift`. I think it would be amazing if they added as officially supported fields `bitcoin` and `ethereum` (if you hate Ethereum, just be excited about Bitcoin :) Please star this repo and suggest improvements to the proposal. I have reason to believe that if enough of us ask for this feature, GitHub will implement it: https://github.com/lastmjs/enable-cryptocurrency-in-funding-yml submitted by /u/lastmjs [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2ZDa3Oi

“Dharma is the easiest place to save your money from anywhere in the world.” That’s the new mission statement for decentralized finance (DeFi) platform Dharma as described by Brendan Forster, co-founder and COO of Dharma Labs, which built the Dharma protocol. On Thursday, Dharma Labs announced it would be relaunching its services in closed beta beginning with a new savings product. “We let people save in stablecoins,” Forster told CoinDesk. “What the new product enables is the instant depositing of stablecoins and the instant earning of interest on those stablecoins.” Having raised $7 million in February 2019, Dharma Labs launched its first product on the ethereum blockchain in April. At the time, Dharma was meant to facilitate peer-to-peer lending and borrowing of cryptocurrencies at fixed interest rates and for fixed durations. Now, by using existing liquidity pools of crypto on the lending platform Compound, Dharma V2 moves away from fixed interest rates and loan ter...

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Earlier this year during its CES press conference, LG made the case for using AI-linked devices to change our lives. While not everyone was sold on the vision, it has continued with the ThinQ-branded push to connect and control everything, and ahead of the IFA 2019 event, LG has announced that the Proactive Customer Care service mentioned during CES will be available across several European countries this year, before extending to North America and Asia in 2020. Exactly how “AI” is present in the service is unclear, but to start, appliances like front-loading washing machines and refrigerators will feed into the service, which generates tips on how to use them better, and can apparently inform owners of potential problems before they occur. One specific instance cited is monitoring any fluctuations in temperature in a freezer with alerts that go out if it shifts beyond three degrees. We’ll have to see it in action to know if the hints are worth anything, but the ThinQ AI experience ...

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The total crypto market cap extended its decline below the $245.0B support area. Bitcoin price dived more than 5% and broke the key $9,800 support area. Binance coin (BNB) price is down around 12% and it traded close to the $22.00 support area. Litecoin (LTC) price is also down around 10% and it broke the $70.00 and $68.00 supports. BCH price declined below the $300 support and tested the $285 support area. Tron (TRX) price is down nearly 12% and traded close to the $0.0150 level. The crypto market cap and bitcoin (BTC) are extending their decline. Ethereum (ETH), litecoin, ripple , BCH, TRX, XLM, BNB and EOS are trading with a strong bearish bias. Bitcoin Cash Price Analysis BCH price failed to stay above the main $305 and $300 support levels against the US Dollar. The BCH/USD pair started a fresh decline and broke the $300 support. The price gained bearish momentum and tested the $280 support area. The current price action is bearish, suggesting more losses below the $275 ...

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Ripple price is trading in a bearish zone and recently broke the $0.2500 support against the US dollar. Bitcoin price is down around 5% and Ethereum price declined close to 10%. There is a key bearish trend line forming with resistance near $0.2610 on the hourly chart of the XRP/USD pair (data source from Kraken). It seems like yesterday’s discussed bearish scenario is active and the price could soon test $0.2400. Ripple price is under a lot of pressure below $0.2650 against the US Dollar, similar to bitcoin . XRP price is likely to extend its decline below $0.2450 and $0.2420. Ripple Price Analysis Yesterday, we discussed possible scenarios and bigger picture for ripple against the US Dollar. XRP price failed to climb above the main $0.2750 and $0.2800 resistance levels. Moreover, it settled below the $0.2750 level and the 100 hourly simple moving average. As a result, the bears took control and pushed the price further lower below the $0.2650 and $0.2600 support. The bearis...