By CCN Markets: Elon Musk never said that self-driving was going to be easy. The Tesla CEO was featured in an interview at the 2019 Electronic Entertainment Expo with Geoff Keighley and video game designer Todd Howard in Los Angeles. Musk confronted everything from games inside Tesla vehicles to space travel to the speed of light. He didn’t shy away from the topic of self-driving, even though the company’s autonomous business has been the source of headaches or at least stock price pressure. Autonomous Speed Bumps Elon Musk admitted that there are speed bumps, saying the Tesla simulation team has
Ethereum core developers have discussed a list of 29 proposed code changes to be included in ethereum’s next system-wide upgrade, Istanbul.
Minnesota Congressional Representative Tom Emmer has announced plans to reintroduce a bill meant to “provide temporary safe harbor for the tax treatment of hard forks of convertible virtual currency in the absence of administrative guidance.”
Representative Emmer participated in a panel on the relationship between government and the crypto industry at Consensus 2019 on May 13, 2019, wherein he first announced an attempt to continue the fight for his hard fork bill. Joined by industry leaders and government personalities, Emmer publicly acknowledged the sort of limbo that crypto holders find themselves in when one of their cryptocurrency holdings undergoes a hard fork. When a coin forks in such a way, tax agencies currently have grounds to consider the new “forkcoin” assets as undeclared income.
TRON Foundation CEO Justin Sun took to Twitter Sunday to reveal that TRON (TRX) is planning a hard fork on February 28 that will bring a number of new features to the blockchain platform. #TRON will launch 3.5 hard fork upgrade on 2/28. New Features: 1. multi-sig and acct mng, institution ready 2. Dynamic energy adjustment […]
By CCN.com: This week in crypto saw several interesting developments as regard exchanges, exit scams, and at least one failed ICO-funded company in the form of Giga Watt. Crypto Media Clings to Story of Russian Government Buying Bitcoin, CCN Asks for Proof CCN started the week off by debunking a mythical impending “$ 10 billion Bitcoin
As CCN previously reported, the aborted Constantinople network upgrade has created several problems for Ethereum. One of these problems is a significant group of miners continuing to mine as if the hard fork had actually taken place. Another problem is how to proceed with the upgrade intended to produce lower transaction fees, among other improvements.
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On January 15, Ethereum’s developers put out a security alert that they were postponing the scheduled Constantinople upgrade. Not everyone made the appropriate changes, however, and there is a currently a parallel universe of Ethereum mining. A “chain split” has occurred, and some miners are mining the unofficial Constantinople chain without consensus from the majority
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This is the second instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him on Day 1 here.
I woke up on Christian’s couch stiff-necked and cotton-mouthed. A bit more fitting for the “living on internet money” survival vibe, yeah?
A friend of a friend of Christian’s roommates (who are starting a business and moving to LA today) was out cold on an air mattress next to a stripped Christmas tree, snoring into the streams of soon-after-sunrise light filtering through the window. Another blow-up mattress adjacent to the couch was vacant. Its former occupant, Julian Martinez, a copywriter at Quantstamp and Christian’s friend, had left early in the morning, politely folding his sheets before he left.
The core developers of Ethereum have called for a delay to the activation of Constantinople, just hours before the long-awaited hard fork was scheduled to go live on the third-largest cryptocurrency’s network. Ethereum Hard Fork Delayed In a statement, the Ethereum Core Developers and Ethereum Security Community said that they decided to postpone the hard
The post Breaking: Ethereum Developers Postpone Constantinople Hard Fork, Price Plunges appeared first on CCN
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Bitcoin Cash, the “big block” project that forked away from the Bitcoin blockchain in August 2017, “hard forked” (split) into two different coins: “Bitcoin Cash ABC” (BCH ABC) and “Bitcoin Cash SV” (BCH SV).
At the time of writing, the Bitcoin Cash ABC chain has more accumulated proof of work, and its native currency, BCH ABC, is trading higher on (futures) exchanges. Most Bitcoin Cash ABC proponents, therefore, feel victorious — though many Bitcoin Cash SV proponents have not yet conceded defeat.
Well over a day since the split, here are the main takeaways and latest developments.
Immediately after the Bitcoin Cash hard fork, the blocks on the Bitcoin ABC chain started filling up with nonsensically small transactions. At the time of writing shortly after the fork, three such blocks had been mined with a total of more than 50,000 transactions worth less than 0.5 BCH total. As seen in the video below,
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With bitcoin cash mining its first forked block, the futures prices of SV and ABC are fluctuating wildly. The BCHSV futures price jumped 10.7 percent against the US dollar, rising from $ 88.12 to $ 97.51 within just an hour — before sinking below $ 90 after the fork. Meanwhile, the BCHABC futures price rate saw a 9 percent
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Today Thursday, Nov. 15, a great majority of the cryptocurrency community is fixated on the contentious Bitcoin Cash (BCH) hard fork and watching the spectacle with great anticipation. At approximately 1:00 p.m. EST miners backing both implementations started the fork process in order to change the Bitcoin Cash protocol ruleset. Currently, at the time of publication, the chain has split and the Bitcoin ABC side of the chain is three blocks ahead of the forked SV chain.
Minutes ago, Bitcoin Cash activated a hard fork that splintered the fourth-largest cryptocurrency’s network into at least two competing versions, currently referred to by their primary software clients, Bitcoin ABC (BCHABC) and Bitcoin SV (BCHSV). The Bitcoin Cash network upgraded shortly after 18:00 UTC, when the BCHABC and BCHSV chains diverged at block 556767. Bitcoin.com
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As the actual hard fork of Bitcoin Cash approaches and users face the prospect of two versions of Bitcoin Cash, it’s important to remember what led Bitcoin Cash to this situation. As such, here is an albeit incomplete recap. The Block Size Debate Beginning around the middle of 2015, Bitcoin blocks started becoming full, and
The bitcoin cash price crashed below the $ 400 level on Thursday, less than two hours before the fourth-largest cryptocurrency’s network is expected to splinter into competing versions following a contentious hard fork. The crypto market had already been battered over the previous 48 hours, with every major cryptocurrency posting losses in excess of 10 percent
The post Newsflash: Bitcoin Cash Price Careens Below $ 390 as Hard Fork Approaches appeared first on CCN
There are less than two days left until the Bitcoin Cash (BCH) network faces a contentious hard fork and BCH markets are showing some unusual activity. They are being driven by heavy trading volumes that have doubled in the last two days, while BCH/USD short positions on Bitfinex have touched an all-time high. At the moment, bitcoin cash is trading for $ 529 per coin with more than $ 900 million worth of global swaps in the last 24 hours.
BitPay has joined the litany of industry heavyweights including Coinbase and Binance in backing the Bitcoin Cash ABC side of the upcoming Bitcoin Cash hard fork. Without delving too much into the debate surrounding the upcoming chain split, Bitpay said in a blog post: BitPay’s system uses the primary software implementation of Bitcoin Cash called
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If you’re concerned about the Bitcoin Cash hard fork that’s upcoming, you shouldn’t necessarily be, because you have plenty of time to get ready and more than one option on how to prepare. As journalists we are generally neutral on the subject of the fork — this article is intended for informational purposes only, not … Continued
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