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Messages - Magician

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16
#PROOF OF REGISTRATION
Forum Username: Magician
Forum Profile Link: https://www.altcoinstalks.com/index.php?action=profile;area=summary;u=39358
Telegram Username: @Magiskz
Participated Campaigns: Signature
ETH Wallet Address: 0xe7F231A0A61df2C0877989fcDB86673902563DD1

17
Bitcoin Forum / Re: Corona vs Bitcoin
« on: April 12, 2020, 05:52:13 AM »
I found this piece of news on the Internet: Israeli COVID-19 treatment shows 100% survival rate - preliminary data. If it's another country to announce this then I wouldn't care. But this is Israel, a brilliant country of the Jews. It's worth expecting.

18
Litecoin Forum / Re: SHOULD I BUY LITECOIN
« on: February 14, 2020, 02:44:38 PM »
Litecoin or any coin in top 20 CMC is a safe investment. You may gain less investing in them but you also loose less with them. You can also take a looks on some less known coins but have solid work, such as RVN, ALGO, THETA or ENJ.

19
Cryptocurrency discussions / Re: How would you manage this amount of money?
« on: February 11, 2020, 12:30:52 PM »
If you meant 5 altcoins then I would go for ETH, LINK, THETA, ENJ & RVN. But I think the most profitable choice is definitely bitcoin.

20
Cryptocurrency discussions / Re: Would it be okey?
« on: September 08, 2019, 10:39:22 AM »
Would it be okey?  to see all cryptocurrency that are been listed in exchanges increase to higher value without much delay so do you think that will happen any sooner or later
With the current market situation, that day is so so far to come. Similarly, people are waiting for the altcoins season like in late 2017 but no one knows when it comes.

21
Ethereum Forum / Re: Ethereum still looks good
« on: September 01, 2019, 06:16:16 AM »
Ethereum is always good and recognized for its leading in smart contract. But unlike in 2017, Ethereum in 2019 lacks of motivation to be priced up. Investors nowadays are attracted by new coins rather than old veterans like ETH, LTC, DASH... I don't think that ETH is in good condition now.

22

A poker tournament has been organized by Binance Charity Foundation to be held on 16th June 2019. The tournament will be hosted on TRONbet, which is an online Blockchain gaming platform.

The 1st Annual Binance Charity Poken tournament will include major league players, as well as leading cryptocurrency developers Charlie Lee of Litecoin [LTC], Justin Sun of Tron [TRX] and CEO of Binance Changpeng Zhao. The participants of the final table are listed on the website as well.

Are you ready for Binance Charity Poker Cup?Starting in 52 hours! Don't miss it! https://t.co/ES2oSQGhPF#TRON #TRX pic.twitter.com/z4ReAOCOZ2

— Ben_TRX (@Ben_TRX) June 12, 2019

Also Read: Binance CEO Turns Down Justin Sun’s Invite to a Lunch with Warren Buffet

An auction for a seat at the table is won with a bet 888,888 TRX tokens worth about $30,000 to play against these people. Justin Sun announced the winner this morning through a tweet,

[Tron Address of the Winner] You have won the seat to the final table + ALL-inclusive trip to tour TRON w/ @justinsuntron !

The goal of the Charity Poker game is to raise funds for children in Africa. Blockchain social gaming platform, TRONbet will be used to fundraise for the process.

“By utilizing the concept of wealth redistribution made possible with the ANTE token, we hope to extend this concept globally through the Binance Charity Foundation.”

The Charity event also includes a lucky draw under the raffle scheme of raising money. It is a method of the distribution of tickets to a lucky draw based on the donation amount. Donation is open till June 14th 10:00 PDT. The donation can be made in Binance Coin [BNB], Litecoin [LTC], and Tron [TRX].

Source

23

New research from mobile mesh networking company goTenna explores how mobile communications can be decentralized with the help of bitcoin’s lightning network.

Technologists have long explored how to use cryptocurrencies and blockchains to build programs where users are more in control of their data. GoTenna, the company behind mesh network devices for internet-less connections, is exploring a novel approach.

To that end, the GoTenna team has released a new paper describing how decentralized mesh networks for sending “mobile communications” (such as text messages) could be powered by bitcoin micropayments. What’s more, they’ve establised a new subsidiary Global Mesh Labs LLC to move forward with this goal.

“80 billion mobile messages are sent each day via carriers and [Internet Service Providers (ISPs)]. Mobile mesh networks offer an anti-fragile, decentralized alternative that can extend connectivity to places centralized networks can’t,” the project website argues.

One hurdle to mesh network adoption is that people aren’t really incentivized to run the infrastructure required to relay data across the network, the paper argues. GoTenna attempts to fix that by describing a new “trust-minimized” protocol with bitcoin’s lightning at the center, called Lot49, which would pay users for relaying data.

“Any node can earn a reward for relaying data for others and by being at the right place at the right time,” the paper, written by goTenna engineer Richard Myers, explains.

The proposal is reliant on a couple of bitcoin proposals that have been widely discussed, but haven’t yet been incorporated: Schnorr and sighash_noinput. Before building and trying out the protocol, these things will need to be added, if the bitcoin community agrees that they are good changes to make.

One is Schnorr, a much-anticipated, new bitcoin signature scheme that was first proposed years ago, and has seen progress recently through the release of test code.

“To reduce incentive protocol overhead we propose using signature aggregation, simplex payment channel updates and payment channels formed between mesh nodes within direct communication range,” the paper explains.

Source

24

Precious metals streaming company Wheaton Precious Metals (WPM) will use blockchain technology to facilitate its metal accounting processes, mining.com reported on June 12.

WPM has reportedly hired software company Blockhead Technologies to deploy its blockchain-based platform STAMP to streamline metal accounting processes. Specifically, the platform purportedly enables its users to track and source certification into mining value chains. By using the platform, WPM aims to boost data management processes and conduct data analysis.

WPM is one of the world's largest precious metals streaming companies. In the fourth quarter of 2018, WPM reportedly generated nearly $110 million in operating cash flow, bringing total operating cash flow for the year to over $475 million. The company produced over 370,000 ounces of gold, 24 million ounces of silver and 14,000 ounces of palladium.

Some other major producers and consumers of metals around the world have also integrated blockchain into their internal processes. In April, Volkswagen joined a blockchain-powered scheme to ensure the cobalt used in lithium-ion batteries for its electric vehicles is responsibly sourced.

In January, IBM partnered with MineHub Technologies to deliver a blockchain solution that will improve supply chain management in the mining and metals industry. The product is set to “increase the level of automation, reduce reliance on intermediaries and increase the speed at which goods are transferred from miners to end buyers.”

As reported last September, Hong Kong-based jewelry retailer Chow Tai Fook reportedly put records of some of its diamonds on a distributed leger developed by blockchain startup Everledger and secured by the IBM Blockchain Platform. This will reportedly enable the retailer’s customers to ascertain the origin and authenticity of gems sold in its T Mark-branded stores.

Source

25

Payments company Square has hired former Google director Steve Lee as the first member of its new crypto team.

A Square Twitter account teased the news Wednesday afternoon without specifying what Lee’s role at the company would be. A spokesperson for Square declined to comment.

The maker of the bitcoin-friendly Cash app led by Twitter CEO Jack Dorsey announced it was hiring a crypto team in March. At the time, Dorsey said the new roles would be focusing not on Square’s own commercial interests, but rather “on what’s best for the crypto community.”

Lee, who left Google in 2015 after eight years at the search giant, has since become a Bitcoin Optech contributor. He’s also an angel investor who lists Lyft, Pinterest and Yardbarker as key exits.

Square generated $65.5 million in bitcoin-related revenue in the first quarter of 2019, its highest quarterly volume to date.

Source

26

Napster creator Shawn Fanning’s new company Helium has released its internet of things (IoT) wireless hotspot devices with a blockchain-based incentives program, according to an official blog post by Helium on June 12.

According to the post, a Helium Hotspot provides wireless connectivity to the Internet; one node on its own will cover about 1/50 to 1/150 of a city, according to the company’s research.

The nodes are intended to support a network of internet coverage, one which is decentralized and powered by individual contributors. Contributors are rewarded by an incentives program on the Helium blockchain, which is powered by the hotspots themselves — one hotspot is one node for the blockchain.

According to the company website, the hotspots’ mining mechanism within the blockchain is much less energy-intensive than traditional consensus algorithms used for blockchains such as proof-of-work. The mining works by verifying the legitimacy of other nodes using a “Proof-of-Coverage” protocol, which purportedly is no more energy-consuming than an LED light bulb.

Energy concerns have been an issue voiced by critics of blockchain tech in the past, as a recent study suggested that carbon emissions from bitcoin (BTC) mining are comparable to the whole of Kansas City.

There are also a number of potential use cases mentioned, on the post and the website, that go beyond typical internet services via Helium’s sensors, such as using smoke or heat sensors to prevent wildfires, tracking pets, or even preventing bike theft via location-detecting sensors.

Helium Hotspots are only available for purchase in Austin, Texas upon release, but national coverage is reportedly planned for the fourth quarter of 2019. The company also intends to sell the hotspots globally in the future.

As reported by Tech Crunch, Helium has raised at least $51 million in funding for its IoT network. One issue noted in the report is that there needs to be a large number of hotspots, sufficiently spread out, in order for there to be a functioning network at all.

Last month, engineering and electronics manufacturer Bosch said that it would aid the development of the IoT space by defending it from censorship. Board member Dr. Michael Bolle said:

“We cannot accept a situation in which the overwhelming reaction to digital innovations is mistrust and fear.”

Source

27

Eos (EOS) parent company Block.one has disclosed that it is a client of a lobbying firm in a disclosure form registered in May.

In the document, Block.one is cited as the client of international law firm Holland & Knight LLP, whose offices globally work on over 200 different practice areas including regulatory and government affairs, blockchain technology and e-commerce.

In the Specific lobbying issues (current and anticipated) field Block.one indicated “policy related to blockchain.” Block.one has apparently contributed $30,000 for lobbying activities.

The document also reveals that Scott Mason and Norma Krayem will act as lobbyists for Block.one. Before joining Holland & Knight, Mason served for sitting United States president Donald Trump’s administration as the director of congressional relations, where he specifically was responsible for leading efforts to secure congressional endorsements for Trump and assisting members of Congress with policy outreach to the Transition Team.

The number of lobbies working on blockchain technology issues in Washington D.C. tripled in 2018, reaching 33 projects in the fourth quarter of 2018 compared to 12 in the same period of 2017.

According to lobbyist Dina Ellis Rochkind, blockchain firms were still in the early stages of winning allies in Congress as of mid-March. Izzy Klein from Ripple-backed Klein/Johnson Group, which lobbies for the Securing America’s Internet of Value Coalition, said at the time:

“I think that when you have a new technology and new platforms in older and heavily regulated spaces, you need as many legitimate voices and boots on the ground that you can get.”

As for Coinbase’s political action committee (PAC) founded in July of last year, the company filed to close the organization in late April. Per a filing with the Federal Election Commission, the PAC received no funds nor made any disbursements, and was seeking to terminate.

Source

28
A blockchain startup named Helium raised $15 million from Google and others, and one VC says it's the "most ambitious" crypto project since Ethereum. | Source: Shutterstock. Image Edited by CCN.

By CCN Markets: A blockchain project called Helium has raised $15 million in a round led by enthusiastic technology investors like Multicoin Capital and Google (via venture fund GV). Multicoin wrote a passionate blog post, praising the project as one of the most ambitious crypto ventures since Ethereum itself.

Helium reportedly will bring reduced costs to deploying wireless networks, as Multicoin partner Tushar Jain explains:

“The Helium vision is the most ambitious we have seen in the blockchain space since the advent of smart contracts on Ethereum: Helium represents a fundamentally new approach—one with a radically reduced cost structure—to deploying and managing wireless networks at scale.”

The Biggest Thing in Blockchain Since Ethereum?

Helium uses blockchain to allow users to earn rewards for providing internet coverage to others in their area. | Source: Helium

Helium is slated to carve out a niche by offering a low-cost deployment for wireless networks. Companies will no longer need to invest in a complex infrastructure. They can purchase the hubs they want and turn them on, and then poof – they’re online. To the investors, this is the main value point. This means that the nodes can be deployed anywhere in the world, which gives companies a great deal of flexibility.

“Costs on the Helium network are expected to be 90-99% lower for the vast majority of IoT use cases, dramatically reducing the barrier to connectivity and unlocking many new IoT use cases that depend on global, inexpensive internet access.”

The big bet seems to be that people will willingly switch service providers. The reality is that deciding to switch to another internet service provider is a big decision, and most people won’t make it on a whim. Just promising lower cost doesn’t mean the customer can’t expect sudden new headaches. That’s precisely why many people are willing to pay for business packages in the first place.

No one seems to expect this with Helium. If it’s not the case, mass adoption still won’t be immediate. Offering a cost-effective alternative that is globally deployable does offer the advantage of an essentially guaranteed market growth.

The Hidden Networking Goldmine?

Without a doubt, there could be a lot of money in this. But if Bitcoin reaches an all-time high of $100,000, as many predict it will, then at any point around then Ethereum itself could be worth in the trillions. Will this project stand up to that?

Ethereum is necessary for hundreds of projects that have funded and are still working on their minimum viable products. The markets have shifted in the meantime, and people can’t just go and get anything funded, but nevertheless, Ethereum retains value as people need the network to use numerous projects that will soon deploy.

This is, of course, in addition to projects that are already active on the Ethereum blockchain.

Such is the original use case for blockchain projects: they represent a “platform” for others to operate on, and that gives them a perceived value based on the demand for space on their blockchain. Ethereum has the most desire, while Tron and EOS each have a significant amount of users.

Source

29

If you’re selling Bitcoin, the U.S. Treasury would like a word from you. New guidelines from the Financial Crimes Enforcement Network (FinCEN) have labelled all Bitcoin ATMs as money transmitters, meaning that if you want to buy crypto from a machine, you’ll need to show some ID.

But one company is making it easier for ATM operators to comply with the new FinCEN rules. In collaboration with leading ATM providers,  CipherTrace has announced the Clean Crypto Kiosks Initiative, which seeks to make it easier for vendors and ATM entrepreneurs to comply with Anti-Money Laundering (AML) regulations.

“Currently, most Bitcoin ATM manufacturers include software that streamlines the steps toward compliance,” CipherTrace said. However, “those systems will not meet the newer stricter crypto AML requirements.”

The new CipherTrace solution makes it relatively painless to verify customer transactions, by putting FinCEN-approved AML procedures on a simple web interface.

It “takes less than 5 minutes to set the necessary parameters to start AML risk scoring,” explained CipherTrace COO Steve Ryan. The company hopes to see several thousand ATM’s enable CipherTrace’s AML services.

Marketing documents revealed to Crypto Briefing reveal some of the features which CipherTrace will provide to ATM operators.

Vendors will be able to choose their own risk settings, and decide which transactions to allow and which ones to flag for manual review.  For example, vendors could decide to accept transactions from Exchanges and Enterprises, but to flag transactions from High-Risk Exchanges, or Ransomware.

There are similar options for Faucets, Gambling Sites, Miners, and Mixers, allowing vendors to determine which risks they’re willing to accept. According to the integration instructions, CipherTrace recommends most ATM operators to start with a “less aggressive” risk posture.

A more aggressive risk posture is also available, which checks transaction addresses two hops out from the subject transaction.


The new FinCEN guidelines are part of a long string of efforts by financial regulators to limit the flow of cryptocurrencies to trusted actors and transactions. Although these rules are unlikely to get any friendlier to frequent users, the latest service from CipherTrace could make things easier for ATM vendors.

Source

30

2019 has been a good year for the cryptocurrency space, with several digital assets posting significant gains after the troubles of the crypto-winter towards late-2018. Parallelly, crypto-exchanges have been making waves in the industry as well, with Binance launching Binance DEX and the GBP-backed stablecoin in the works. Binance’s native token, Binance Coin, surged by more than 450 percent in 2019, at press time.

According to a recent report, EXANTE, a financial investment company, has announced the launch of a new investment fund that will be directly pegged with Binance Coin [BNB]. Speculators believe that the announcement may have a positive impact on BNB’s price valuation, as the decision serves as a new gateway into the crypto-ecosystem for new investors. EXANTE customers already have the option to trade with over 20 other investment funds, pegged to other virtual assets.

EXANTE also shares headquarters with Binance in Malta, and was one of the first investment companies to start a Bitcoin fund back in 2013, when the concept of Bitcoin was not widely understood.

Additionally, the BNB coin has surprisingly gathered tremendous attention in terms of mass adoption, with the latest development allowing it to be traded using Visa and MasterCard. This association is thus considered a major landmark in terms of mainstream adoption and involvement of non-crypto players.

The future seems bright for Binance as it currently stands as the largest cryptocurrency exchange in the world, while BNB maintains an upward growth trajectory in terms of value and popularity. Given BNB’s stellar performance in 2019, industry expert speculate the company will soon peg Binance next to their investment funds.

Source

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