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18
Bitcoin Forum / [Infographics] Miners, Blockchains, & Bitcoins
« on: July 11, 2018, 03:01:42 AM »
19
Bitcoin Forum / [Infographics] How a Bitcoin Transaction Works
« on: July 11, 2018, 02:57:06 AM »
20
Philippines (Tagalog) / [Infographics] How to explain Bitcoin to your Grandparents
« on: July 11, 2018, 02:50:09 AM »
Have you ever tried to clue in granddad on Bitcoin? Rise up to the challenge by getting the basics right. Rather than gabbling breathlessly on cryptography, use this streamlined chart to usher Grandpa into the Bitcoin universe.
21
Philippines (Tagalog) / [Infographics] History and Evolution of ICO's
« on: July 11, 2018, 02:38:23 AM »
ICOs have been a hot topic in the last year. Here is an infographic giving you a brief overview of what has happened in the recent years. ICOs have been able to attract a lot of attention from investors and startups. As always there are pros and cons surrounding Initial Coin Offerings. In the next years it will become clear if they are here to stay. There are still many unanswered legal questions surrounding the topic.
Source: https://blockchainhub.net/blog/infographics/history-and-evolution-of-icos-infographic/
Source: BTXexchange.io
Posted: Jun 21, 2018
22
Philippines (Tagalog) / [Infographics] Explanation of the different levels of smart contract complexity
« on: July 11, 2018, 02:34:57 AM »
A brief explanation of the different levels of smart contract complexity and the possible real world implementations.
Source: https://blockchainhub.net/blog/infographics/smart-contracts-simple-complex/
Source: PricewaterhouseCoopers
Source: https://blockchainhub.net/blog/infographics/smart-contracts-simple-complex/
Source: PricewaterhouseCoopers
23
Philippines (Tagalog) / [Infographics] Smart Contracts Explained
« on: July 11, 2018, 02:33:50 AM »
On blockchains like Ethereum, smart contracts are a piece of code running on top of the blockchain protocols that where the rules of a transaction are embedded into the code and automatically enforced once all parties to the smart contract meet the pre-defined rules. Smart contracts can radically reduce transaction costs of reaching an agreement, formalization, and enforcement of relationships between people, institutions and the assets they own, by standardizing transaction rules. The transaction rulesets (agreement) of the smart contract define the conditions – rights and obligations – to which parties to a smart contract consent. They are often predefined, and agreement is reached by simple opt-in actions. They are formalized in digital form, in machine-readable code (formalization). These rights and obligations established in the smart contract can now be automatically executed by a computer or a network of computers as soon as the parties have come to an agreement and met the conditions of the agreement (enforcement). This auto enforceable code of the blockchain layer, as well as the smart contract layer, radically reduces transaction costs, replacing traditional middle men with machine consensus.
Source: https://blockchainhub.net/blog/infographics/smart-contracts-explained/
24
Philippines (Tagalog) / [Infographics] What is a Blockchain?
« on: July 11, 2018, 02:32:09 AM »
Blockchain is shared, trusted, public ledger of transactions, that everyone can inspect but which no single user controls. It is a cryptographed, secure, tamper resistant distributed database. It solves a complex mathematical problem to exist. A blockchain is the perfect place to store value, identities, agreements, property rights, credentials, etc. Once you put something like a Bitcoin into it, it will stay there forever. It is decentralized, disintermediated, cheap and censorship resistant. Applications of Blockchain: Bitcoin (cryptocurrency), Namecoin (wants to replace the entire DNS system of the internet) or Ethereum (Turing complete virtual Machine where you can run any kind of smart contract); Any centralized service like Ebay, Dropbox can potentially be built in a decentralized way using blockchain technology, considerably lowering transaction costs. (Source: BlockchainHub Glossary)
The Infographic refers mostly to how public blockchains are built. It takes Bitcoin as an example. The way consensus is achieved in the Bitcoin blockchain is by a process called mining. Mining or Proof-of-Work (PoW) algorithms work by solving complex mathematical problems. This process requires computers to run at full capacity 24 hours a day consuming a lot of energy.
Source: https://blockchainhub.net/blog/infographics/what-is-a-blockchain/
25
Philippines (Tagalog) / [Infographics] 58 Facts About Bitcoin
« on: July 11, 2018, 02:31:03 AM »58 Facts About Bitcoin
Source: https://blockchainhub.net/blog/infographics/58-facts-about-bitcoin/
Source: Bitcoinplay.net
Some interesting facts included in the infographic:
1. Virgin Galactic accepts Bitcoins
2. Since April 1st, 2017 Bitcoin is legal payment method in Japan
3. The University of Nicosia was the first university to accept Bitcoin for tuition fees
26
Bitcoin Forum / [Infographics] What if Bitcoin were a Country?
« on: July 11, 2018, 01:42:34 AM »Comparing Bitcoin to a Country
Source: https://blockchainhub.net/blog/infographics/comparing-bitcoin-to-a-country/
Source: https://coinlist.me/
Posted: Mar 7, 2018
27
Blockchain Technology / Fujitsu Launches “Blockchain Asset Service”
« on: July 10, 2018, 11:26:06 PM »
Fujitsu Launches “Blockchain Asset Service”
Read more here: https://www.crypto-news.net/fujitsu-launches-blockchain-asset-service/
Posted: July 09, 2018
By: Zoran Spirkovski
Fujitsu Direct Store has introduced the “Fujitsu Intelligent Society Solution Blockchain Asset Service” on June 6th, 2018. The newly introduced system tokenizes coupons and loyalty points and makes them storable and usable by transferring the information onto a blockchain. This implementation should provide faster data transfer and storage on customer’s transactions in a decentralized register.
The company is a daughter company of Fujitsu Ltd., a Japanese ICT and business leader and blockchain-wise, which is also a participant in the Hyperledger project. Many great things are expected to come from this implementation, and it is essential that big brands keep joining the blockchain industry.
Read more here: https://www.crypto-news.net/fujitsu-launches-blockchain-asset-service/
Posted: July 09, 2018
By: Zoran Spirkovski
Fujitsu Direct Store has introduced the “Fujitsu Intelligent Society Solution Blockchain Asset Service” on June 6th, 2018. The newly introduced system tokenizes coupons and loyalty points and makes them storable and usable by transferring the information onto a blockchain. This implementation should provide faster data transfer and storage on customer’s transactions in a decentralized register.
The company is a daughter company of Fujitsu Ltd., a Japanese ICT and business leader and blockchain-wise, which is also a participant in the Hyperledger project. Many great things are expected to come from this implementation, and it is essential that big brands keep joining the blockchain industry.
28
Blockchain Technology / Vegas Attraction to Use Blockchain Ticketing System
« on: July 10, 2018, 11:18:08 PM »
Vegas Attraction to Use Blockchain Ticketing System
Source: http://www.theticketingbusiness.com/2018/05/16/kind-heaven-adopt-aventus-protocol/
Kind Heaven, an upcoming Las Vegas attraction, will offer tickets on the blockchain through a new partnership with Aventus. The attraction is set to open in 2019.
Source: http://www.theticketingbusiness.com/2018/05/16/kind-heaven-adopt-aventus-protocol/
Kind Heaven, an upcoming Las Vegas attraction, will offer tickets on the blockchain through a new partnership with Aventus. The attraction is set to open in 2019.
29
Litecoin News & Updates / Litecoin (LTC) announces strategic partnership with TokenPay to buy German bank
« on: July 10, 2018, 11:08:00 PM »
Litecoin (LTC) announces strategic partnership with TokenPay to buy German bank
Read More Here: https://cryptocoinspy.com/litecoin-ltc-announces-strategic-partnership-with-tokenpay-to-buy-german-bank/
Posted: July 10, 2018
Litecoin founder Charlie Lee has just announced that the Litecoin Foundation and crypto payment platform TokenPay have entered into a strategic partnership. As a first step they will be buying a stake in the German bank WEG Bank AG, and then will start “to work on many exciting consumer-driven crypto solutions.”
More details here in twitter:
https://twitter.com/SatoshiLite/status/1016722441018568704/photo/1
TokenPay describe the partnership as creating a “leading force in creating and delivering to the market modern consumer-driven crypto FinTech solutions.” TokenPay recently acquired 9.9% of WEG bank (the maximum ownership allowed under German law without having regulatory approval) with the option of buying the remainder when approval is achieved.
As of today, this stake “was further transacted to the benefit of Litecoin Foundation” in exchange for a “broad and comprehensive marketing and technology service agreement” which should “benefit TokenPay and its related cryptocurrency and business operations.”
According to Lee, the partnership “is a huge win-win” for both parties. TokenPay will derive benefit from Litecoin’s “high-level blockchain mechanization capabilities,” while integrating with an established bank will “make it simple for anyone to buy and use Litecoin.”
Read More Here: https://cryptocoinspy.com/litecoin-ltc-announces-strategic-partnership-with-tokenpay-to-buy-german-bank/
Posted: July 10, 2018
Litecoin founder Charlie Lee has just announced that the Litecoin Foundation and crypto payment platform TokenPay have entered into a strategic partnership. As a first step they will be buying a stake in the German bank WEG Bank AG, and then will start “to work on many exciting consumer-driven crypto solutions.”
More details here in twitter:
https://twitter.com/SatoshiLite/status/1016722441018568704/photo/1
TokenPay describe the partnership as creating a “leading force in creating and delivering to the market modern consumer-driven crypto FinTech solutions.” TokenPay recently acquired 9.9% of WEG bank (the maximum ownership allowed under German law without having regulatory approval) with the option of buying the remainder when approval is achieved.
As of today, this stake “was further transacted to the benefit of Litecoin Foundation” in exchange for a “broad and comprehensive marketing and technology service agreement” which should “benefit TokenPay and its related cryptocurrency and business operations.”
According to Lee, the partnership “is a huge win-win” for both parties. TokenPay will derive benefit from Litecoin’s “high-level blockchain mechanization capabilities,” while integrating with an established bank will “make it simple for anyone to buy and use Litecoin.”
30
한국어 (Korean) / Policy Easing, New Crypto Classification in South Korea
« on: July 10, 2018, 10:56:36 PM »
Policy Easing, New Crypto Classification in South Korea
Read more here: https://news.bitcoin.com/korean-regulations-policy-easing-crypto-classification-central-bank-report/
Posted: July 09, 2018
By: Kevin Helms
South Korea has been busy revising its cryptocurrency regulations. The regulators plan to ease the rules on crypto assets in line with G20 policies. While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks. In addition, the Bank of Korea has released a report with its view on using crypto as a means of payment.
Read more here: https://news.bitcoin.com/korean-regulations-policy-easing-crypto-classification-central-bank-report/
Posted: July 09, 2018
By: Kevin Helms
South Korea has been busy revising its cryptocurrency regulations. The regulators plan to ease the rules on crypto assets in line with G20 policies. While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks. In addition, the Bank of Korea has released a report with its view on using crypto as a means of payment.
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