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Messages - Brazio

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1
A recent announcement from the specialist cannabis publication, 'High Times', reveals that in the end it will accept bitcoins (BTC) and Ethereum (ETH) as an alternative payment in its IPO (Initial Public Offer).

Recall that, at the beginning of last month, the publication had assured that it would accept payments in Ethereum (ETH), as well as in bitcoins (BTC) in its IPO; however, it seems that he took a step back with that decision, after delivering a clarifying document to the SEC (US Securities Commission).

Despite the official document, one of the representatives of 'High Times', Jon Cappetta, said that, in fact, they are accepting payments in both cryptocurrencies and that the declarations issued to the SEC were only to "make them happy".

In this regard, Capetta stressed that:

The reason why the SEC slapped us the last time was because we were accepting cryptocurrencies. However, technically we do not own them, but they transfer their conversion in dollars.

For its part, the third-party payment processing company 'Fund America' will be processing the transactions in both digital currencies and converting them into dollars, which will then be transferred to the company's accounts.

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2
In an effort to accelerate and strengthen the sovereignty of the region of Naples, Italy, the mayor of the municipality, Luigi de Magistris, revealed that they are evaluating the possibility of launching a digital currency of the southern territory.

The announcement was made on September 2, through the mayor's Facebook account, where he did not disclose the digital currency ecosystem, nor the blockchain platform on which it will be supported, rather he affirmed that the The Naples administration has been evaluating cryptocurrencies and decentralized trade since last April.

It should be noted that Magistris initiated the evaluations of the cryptocurrencies and their backup technology, the blockchain, together with a group of "Voluntary Study", who were in charge of carrying out the pertinent investigations on the applicability of a national cryptocurrency in commercial premises. of the region, as well as its usefulness when making transactions at the international level.


According to the publication of Mayor Magistris:

‘’The time has come to accelerate, in a strong and radical way, the autonomy of the city of Naples, as befits a city that is a capital in the world, as well as in southern Italy. I am sure that in the next few years the City will always be more avant-garde, more so than the Capital. This is an example of how decentralized financial technology has reached several corners of the planet, invading not only commercial sectors, but also serving as an alternative to traditional fiat currencies.’’

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3
The evolution of the cryptocurrency market, as well as the development of blockchain technology, have been drawing the attention of people in the world of work. When prices began to rise exponentially for 2017, the demand for jobs in the industry increased in the same way.

Although since the beginning of this year the cryptoactive market suffered significant losses, blockchain technology has continued its path being adopted by companies in full enterprise, large companies and even consortiums of several firms, to be applied in their sectors and take advantage of all the advantages that can contribute.

The Asian labor market has become one of the most active and striking for the diverse professionals interested in this technology. Not only is there a demand for jobs for the industry, but also recruiters keep on finding personnel for the constant projects that arise frequently.

A report recently published by CNBC pointed out that jobs in companies that used blockchain technology and were linked to cryptocurrencies had increased by 50 percent, according to recruiting firm Robert Walters.

The most common skills sought by recruiters are those of knowledge in the Python programming language, but not only programmers have a place in this new ecosystem of companies, other professionals from different areas such as marketing, public relations and operations management, They have also been interested in jobs in the sector.

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4
According to an investigation conducted by advisors from the Central Bank of the Netherlands, changes in the value of the Bitcoin token (BTC) would be closely related to the searches that users perform on Google.

In line with other similar research developed by economists at Yale University, the Central Bank of the Netherlands concluded that an increase in Bitcoin's search volume would have a positive effect on its prices.

In this sense, the researchers conclude that the search volume of terms related to cryptocurrencies could serve as predictive indicators for trading enthusiasts.

Joost Van der Burgt, official spokesman for the De Nederslandsche Bank, said in an interview that the trend would have become even clearer at the end of last year amid the launch of Bitcoin futures.

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5
PricewaterhouseCoopers (PwC), a British consulting company, will implement a staff training program for "digital skills", in which it will train them in blockchain technology. Through an advertisement in Digiday, the company confirmed that 1,000 of its workers would be trained in various topics of revolutionary technologies, ranging from drones to the development of blockchain solutions, as part of its Digital Accelerators program.

According to the report, the selected employees would be relieved of some of their daily tasks so that they can focus more easily on these training courses. The participants of the program would dedicate around 10 hours a week to this program, working together with the clients.

These 1,000 employees would be selected from a sample of up to 3,500 interested applicants from the more than 45,000 employees of the company, and that program would start in January and would last for two years.
 
About this announcement, Sarah McEneany, digital talent leader and head of the Digital Accelerators program of PwC, said that the initiative arises due to the growing demand that its clients make, requesting more and more qualified advisers.

Also, McEneany said that this initiative would serve to encourage the efficiency of its employees by reducing the workload they spend working in various situations, and that this would be reflected in the satisfaction of their customers.

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6
The Mozilla Foundation through its official blog has revealed that in future updates of your browser, Firefox updates the security of users by automatically blocking the tracking scripts, even blocking the cryptojacking scripts. The company expects with these and other options more options for its users on the information it shares with the sites they visit and improve their browsing experience.

Firefox, the open source browser, the moment is conducting studies, through the beta version of Firefox Nightly, why implement the function to block the tracking of web pages, as they say, these make the user require more time when loading a site A study by which they are guided, reveals that 55.4% of the time of loading a page is spent on the "tracking tax", which are the scripts that store the information of the sites you have visited.

As for more worrying problems with the users of the web is the cryptojacking, which are scripts that undermine cryptocurrencies in the background without the victim realizing that and how he did it. For Nick Nguyen, vice president of Mozilla who also wrote the post on the blog, "practices like these make the web a more hostile place to be in. Future versions of Firefox will block these practices by default."

Mozilla recognizes that, for more experienced users, it identifies those practices, it may require users to be infected by malignant ones that deteriorate the user's experience, not only with their browser. , with their machines. These practices are becoming increasingly popular, and companies can not be left behind in terms of security.

 
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7
The Italian football team Rimini F.C. 1912 has announced that it has ceded 25% of its property that has been acquired by a company using cryptocurrencies, which makes it the first club in history to be bought in this way, as reported by Forbes. The purchase of the equipment is done by Heritage Sports Holdings (HSH) using the cryptocurrency of a platform that uses the blockchain technology called Quantocoin (QTC).

The club, which in the current season will play in Serie C (third division), is scheduled to hold a press conference next week where they will present new partners, including Pablo Victor Dana, managing partner of the Heritage Group, owner of HSH and co-founder/CEO of Quantocoin. Quantocoin proposes a new payment system using blockchain technology to register each payment instance.

Pablo Dana is not a rookie in terms of associating the cryptocurrency industry with the world of football since the HSH Company owns 80% of the Gibraltar United club that took the initiative to pay its players in cryptocurrency. Dana hopes that the purchase is the first of many in this sporting scene and believes that the cryptocurrency that she founded can help fight corruption within this sport.

Pablo believes that the ideals behind QTC are exactly the same as those that UEFA wants to put into practice, to avoid upcoming corruption situations as in which several football associations that sold their votes were involved so that Qatar will organize the next World Cup. football. Dana concludes with "this is transparency in football and we seek to reduce corruption through our Quantocoin platform".

The Quantocoin platform is a partner of Heritage Sports Holding, which in turn is a majority partner of the football teams Gibraltar United, U.D. Los Barrios and Mantova and counts among its ambassadors ex-footballers Roberto Carlos, Patrick Kluivert and Michel Salgado.

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8
After months of waiting and discussions, Polish lawmakers have published new legislation that clarifies the current tax landscape around cryptocurrencies and decentralized trade. According to the information provided by the Kryptowaluty site, the new document will enter an evaluation phase by the Council of Ministers, during the end of the third quarter.

It should also be clarified that the previous tax regulations, which had been refuted by the cryptocurrency community at the beginning of the year, will be taken into consideration, but adding certain modifications. On the other hand, the new considerations define, in the first place, cryptocurrencies as "a digital representation of money". In this sense, virtual currencies are divided into two groups or categories: "cryptocurrencies and centralized digital currencies", which, in turn, can serve as a means of exchange in exchanges, e-commerce firms and be accepted as alternatives to Payments.

As for tax measures, transactions between peers and coordinated by an exchange will be tax free; while the income resulting from the sale of services, property, goods or other commercial acts, will be subject to taxes. The measures that concern the cryptocurrency miners establish that if the act is carried out for personal benefit and individually there will be no need to pay taxes; on the contrary, those who work with or for commercial entities must abide by the new ordinances.

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9
After learning that the cryptocurrency and blockchain regulations that were scheduled for this fall in Canada have been postponed, the Bitcoin Magazine portal contacted several leaders within the industry of that country to register their impressions regarding the postponement and the consequences that they believe, will bring the situation. The new regulations will be discussed at the end of next year and then implemented in 2020.

In a little more than a year the federal elections of Canada will be celebrated, reason why the government has the vision put in other interests very moved away of the regulations that it had thought to emit in autumn. After several people expressed concern to see a draft in June, which contained stricter regulations, consider postponement is something positive.

However, there are people who believe otherwise because the delay can damage the country's competitiveness within the cryptocurrency market and see, for example, Switzerland and Malta are taking the lead by having fewer regulations and a fiscal environment than favors the activity.

The Blockchain Association of Canada (BAC) appreciates the caution with which the government acts and think that the comments and recommendations made regarding the deletion were positive and that contributed to the government deciding to delay the new legislations.

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10
A recent statement reveals that Randi Zuckerberg - who seems to be quite involved with blockchain technology - will be part of the Huobi exchange's new advisory team.

Recall that Huobi is the third largest exchange house, for its volume of transactions in the international market, and even more than Binance and OKEx. Approximately, at the end of May, he announced that he would be developing his own blockchain ecosystem, the 'Huobi Chain'.

The project will provide both individuals and organizations:

A reliable financial protocol for the exchange of securities, fundraising, securitization and more. While private and public channels are decentralized networks of peer-to-peer transactions, the network within public chains is completely open, so anyone can join and participate.

The new team will be focused on the development of Huobi's new public blockchain. According to the directors:

The team of professional advisors will provide expert opinions [about] the Huobi public chain, from the basic blockchain technology to its industrial applications, commercial models, etc. It will also help during the Huobi Public Chain Leadership Competition.

Some rumors that have emerged after the recent announcement indicate that one of Randi's reasons joining the advisory team is to attract more audience to the Huobi platform, especially considering that Facebook has been a constant target of some in the cryptocurrency sector; however, everything remains in speculation.

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11
Cryptocurrency discussions / What are the DApps?
« on: August 27, 2018, 06:37:35 PM »
We will start with a bit of etymology. Such as e-mail (electronic mail), for the case of electronic mail, DApps is an acronym that refers to the English term Descentralized applications, or, decentralized applications. So starting from that, we can define DApps as applications whose operation does not depend on a central system, but on all the members of the community.

However, this is to fall short of everything we can say about them. The Dapps are decentralized applications, open source, which works according to a protocol based on incentives for the members of it. So to be considered as such, they must meet these four requirements, which, as we shall see, are closely related to each other.

Open Source
In order to be considered as a Dapp, one of the main requirements is that it is programmed under a public source code, in order to guarantee that the data contained in it is available to all users of the same. In the same way, this will allow them to make modifications and improvements through a consensus mechanism, which we will discuss next.

As we have said, the world of cryptocurrencies and any change that you want to make in the network structure of one of them, must be previously approved by all the members of it.

Take for example, the blockchain. We know that this exercises the useful bookkeeping function in which all transactions of bitcoins that have been previously verified are recorded. To do this, the miners must solve a complex mathematical problem, with which a new register block can be added to the chain.

The entire Bitcoin community is aware of this, and once the process is completed, whoever has resolved it first will receive a reward. For those who wish to learn a little more, all this has been explained in great detail in our article Cryptocurrencies for Beginners: Mining, Mining and Hashes, what are they?

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12
In the contemporary market every day is different, with new advances and technologies that invade the industries with incredible speed; However, not all get to benefit, because they do not obtain the required information or are left behind the most relevant ads.

In view of this panorama, the firm B21 arrives with an important launch: its new mobile application "B21 Life", for iOS and Android, whose objective is to educate and inform interested parties about the most important topics of decentralized technology.

This is the first application that launches the firm and with it they aim to guide the most novice among a set of options that range from training courses, fundamental terminology, to a special section of daily news.

According to the co-founder of B21, Nitin Agarwal:

As we build the largest global community of investors in cryptocurrency assets, we recognize that there is a large education and information gap in the market. The inexperienced investors need educational information to be comfortable with the cryptocurrencies and have postponed the investment due to its complicated process and the lack of quality information. The B21 Life application aims to educate a broad community of potential digital coin investors who are eager to get started.

The new app also provides the benefit of simplifying explanations or complicated tutorials, in order to make information more accessible to everyone. Likewise, it puts at the disposal of the users a team of experts, with whom it is possible to interact in case of any doubt or specific queries.

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13
According to documents of the United States Patent and Trademark Office (USPTO), Bank Of America has requested another patent related to blockchain technology that allows it to develop an encrypted storage system that links data elements within of the blocks of a chain of blocks. The US bank owns about 50 patents related to this technology, surpassing even the multinational computer, IBM.

The bank, which is the second largest banking institution in the United States, introduced the document on April 18, 2018 entitled "BLOCK CHAIN ENCRYPTION TAGS" (block chain encryption labels) where they describe a registration and storage system of transactions related to cryptocurrencies. The patent describes a device with a processor that receives data, and then acquires an encryption key before encrypting the elements within the first block in a chain.

In a generalized way, the proposal establishes a data security system for blockchain networks, implementing encryption and linking data units to the blocks of a certain chain of blocks. In this way Bank of America, continues to take measures to strengthen its position as one of the leading companies that promotes the use and adoption of blockchain technology.

Despite the great interest shown by the bank for blockchain technology, the same can not be said about cryptocurrency and still has doubts about them despite having acquired in December of last year, a patent for the development of a system digital currency exchange. Even in May, as CoinCrispy reported, they expressed that the widespread adoption of cryptocurrencies could require substantial costs to adapt products and services.

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14
The Independent Electoral and Boundary Commission of Kenya (IEBC), published on Monday an agenda of possible reforms to the current electoral laws where they consider implementing the blockchain technology to increase transparency in the process and thus be able to avoid the waves of violence that they unleash after the elections. Since the beginning of the 21st century, every time elections are held, violence in the streets overflows.

The IEBC is an independent regulatory agency that was established by the Constitution of Kenya in 2011. The Commission is responsible for conducting and supervising the referendum and elections to any elective body or office established by the Constitution. In their report on "Update of the Commission on Activities and Electoral Reform Agenda", they chose 14 priority areas for electoral reform.

One of the reforms considered in the report establishes the "adoption of blockchain technology / distributed ledger to allow presidential candidates to securely access the results in real time, improving transparency and alleviating suspicions / perceptions of opacity." The idea was proposed after holding a workshop in July, but the commission notes that, for now, the reforms are in a "preliminary stage".

The history of violence after the elections is common and widespread in Kenya, with multiple cases of election manipulation that lead citizens to vent their frustration in a chaotic manner. In the last elections, held last year, the Supreme Court of the country annulled the results of the presidential elections as the losing candidate claimed, there were irregularities in the count.

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15
The BitMEX platform conducted an investigation into the theory of the "dominant miner" attributed to Sergio Demian Lerner and that CoinCrispy had already covered, where they show more evidence that corroborates the possibility that Satoshi Nakamoto has mined a million of Bitcoins (BTC). Lerner, who conducted his analysis in 2013, concluded that the hashrate information in that year is consistent with a dominant miner.

In 2013, Lerner hypothesized that Satoshi Nakamoto in 2009 would have mined a million tokens and I endorse it by analyzing the hashrate of the Bitcoin blockchain during that year that constantly remained around 7 MH / Sec. Sergio assumes that in that period of time, Satoshi Nakamoto was the only miner but the community has taken this information with skepticism.

The community says that this evidence is not sustainable since the assumptions of the hardware used by Nakamoto were not correct; the estimate of 7 MH / Seg was from a small sample where the time stamps of the blocks are not reliable. The hypothesis also does not take into account the possibility that Satoshi was not mining alone.

Then, Lerner showed the most sustainable evidence of the "dominant miner" that is the tracking of the ExtraNonce, which was enough for the community to take the hypothesis of Nakamoto's mining work seriously. Although BitMEX also considered that Sergio's initial evidence was weak, the new data was the starting point for his own research.

Bitcoin could reverse the trend depending on its next support
BitMEX decided to replicate Lerner's analysis but with the difference that they would count the extracted blocks and assign the blocks of what they consider would be the Satoshi Nakamoto miner. Despite using a variety of methods to assign the blocks, this was not necessarily accurate, so they say that the research is far from perfect but considers that this is the first attempt to assign these blocks.

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