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Monero team member Riccardo Spagni reaffirmed his belief that a so-called ‘layer two’ scaling solution is needed for Bitcoin — stating it is “necessary” for capacity improvements and “maximal privacy.”
Lightning Network Strikes Down Ver Claims
Spagni’s comment appeared on Twitter in response to fresh assertions from Bitcoin Cash (BCH) proponent Roger Ver that Bitcoin (BTC) users should “move on” to alternative, on-chain scaling options. Wrote Ver:
If you think BTC with its full block, high fee policy will be able to maintain market share, you are mistaken. It won’t, and it is time to move on to other things.
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The blockchain lead at Mizuho Financial Group has revealed he is leaving the firm for a new role in Singapore.
Singapore’s leading cryptocurrency based crowdfunding platform FundYourselfNow(FYN) is taking a step further and helping the promising Blockchain Projects in raising funds, through FYN’s Funding Arm – J Capital, which recently invested $ 700,000 USD in Codex Protocol this year.
Founded in 2017, J Capital is an investment firm which primarily focuses on ventures, tokens and projects that are based on blockchain & digital currencies. J Capital aims to catalyse the future and bring about widespread blockchain adoption to improve the lives of millions around the globe.
There’s a lot of talk about cryptocurrency tokens’ status in the financial world. Are they utility tokens? Are they securities? Or are they something else entirely?
Three Types of Tokens
Despite a brief lull in Initial Coin Offerings over the last few months’ bear market, the token economy in the cryptocurrency space is almost back in full swing. With that bullish momentum, of course, comes discussions over the regulatory status of tokens — and since not all tokens are created equal, the conversation can get quite complicated.
The Distributed Markets conference took place in Chicago on April 23, 2018, and featured an array of blockchain and financial experts working to shed light on opportunities and changes happening in the cryptocurrency space.
Among the main goals of the conference was to educate attendees on how they could integrate blockchain technology into their businesses, thereby increasing cost-effectiveness and overall efficiency. A Blockchain Academy workshop and a hackathon were also available to give developers and entrepreneurs a chance to study blockchain macro cases and showcase their skills.
Coinbase’s new VC arm raises thorny questions about the influence the startup wields across the crypto market and potential conflicts of interest.
A security expert says that rising cryptocurrency prices can lead to a surge in cryptojacking of people’s smart homes.
If there’s one thing that movies have educated us on, it’s that there’s always some form of unintended consequences when it comes to new technology. Usually this comes in the form of horrific doom as mankind is wiped out by killer robots or some terrible plague. Yet there are some unforeseen events that can occur as people begin to accept and embrace something that appears initially mundane, such as smart appliances in one’s home. One interesting possibility with some slightly sinister overtones is that a person’s smart home could be attacked via cryptojacking due to the exploding price in Bitcoin and other cryptocurrencies.