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what outcasts hey if can teach us about Bitcoin mass adoption the members of outcasts have parlayed their hip hop careers into decades-long endeavors that extend beyond the music industry most recently big boy performed 2004 one hit the way you move that the Super Bowl alongside maroon 5’s Adam Levine and sleepy brown the latter of whom sang on the original version while reading Charles Duhigg the power of habit recently I learned the story of their smash hit hey this songs unique trajectory to success could teach us about blockchain adoption I thought people listened to top 40 because they want to hear their favorite songs or songs that sound like their favorite songs when something different comes on they’re offended they don’t want anything unfamiliar in his book the power of habit Charles do have addresses how change makes humans uncomfortable he describes how heya by Outkast was projected to be a massive success but fell short when initially aired it was later discovered that it was so radically different from what listeners were used to they changed the station upon hearing it enter the sandwich model this entailed radio stations playing say a Celine Dion song followed by hey then another hit song they sandwiched a live with well-known and popular songs of the time hey you have gained traction and won many accolades the story of hey EV is similar to the current state of the block sheen at the time of writing the Bitcoin network experienced 320 1563 transactions over the most recent 24 hours for comparison visa neck processes a daily average of 150 million transactions Dover the 1839 decentralized applications tracked by daps radar there are barely 180,000 users on a 24-hour basis Facebook a well-known centralized social media platform boasts a massive 1.5 billion daily active users people are not adopting the blockchain after all perhaps we can learn a thing or two from how a radio station introduced heya to its listeners is sandwich Inge the blockchain the answer let’s take a look at how some projects sandwich the blockchain within familiar concepts helping them to create a familiar experience for their consumers payment solutions crypto debit cards and mobile payment solutions today it is still much easier to spend fiat money than crypto despite that most our mostly digital 8% of cash is digital entering a public key remember one mistake could result in loss of funds and waiting for confirmation that funds were received is neither sustainable or ideal when considering mass adoption projects such as tanks and Cardno are exploring the realm of crypto debit cards to make payments fast and easy tanks tanks created a dynamic duo in the form of a crypto wallet and cart the tanks wallet allows users to send and receive cryptocurrencies BTC at LTC with other tanks wallet users the wallet can be paired with the tanks card which is accepted at 42 million online and offline points in nearly 200 countries users are able to easily manage their funds through their wallet app and allocate how much will be available on the tanks cart if the card is lost or stolen it can be locked via the app card on Oh Cardinal has also expanded into the crypto debit card space its partnership with met ups plus gave rise to prepaid debit cards in amounts of 100 and 1000 AD a medics plus is accepted at over 40,000 shops mobile payment solutions lob SDR lob STR the largest wallet provider in the stellar ecosystem provides an easy and secure way to store send and receive lumens and other assets on the stellar blockchain lob STR amongst other mobile crypto solutions sees itself as a competitor with centralized mobile payment options like venmo and pay solutions that offer familiar means of transacting like crypto debit cards and mobile payment apps allowed for much-needed portability and ease of use consumers learned behavior is left untouched allowing them to spend transfer and receive their crypto just like they would fiat money existing app integration the DAP ecosystem is not pulling in droves of users today’s decentralized applications commonly known as the apps face a plethora of issues among others taps generally provide a poor user interface and experience and lack large active communities the entire data ecosystem does not exceed 100 80000 users there is very little to incentivize switching from popular centralized alternatives digital bits digital bits a fork of the stellar blockchain integrates with existing user applications and is currently focused on introducing asset organization transfer and trading to the multi-billion dollar loyalty in rewards points sector the company wants to foster interaction with blockchain technology whether the user knows it or not consumer behavior must not need to change the protocol optimizes the applications back-end infrastructure to bring the benefits of blockchain to the user in a familiar way blockchain is a revolutionary technology but the DAP ecosystem has become more of a developer playground than anything else says Michael licoo digital bits VP of Operations we need to bring this technology to the masses in existing applications that people use every day the time for DAPs will come but we need to lead people there and throwing them into the dab fire is not the way to go about it cross-border payments and remittances cross-border payments and remittances amount to an excess of 20 trillion dollar dollars in value on an annual basis the infrastructure currently in place to move money globally is severely dated the current leader of cross-border payments Swift subjects users to high fees and can take up to 3 five days to settle migrant workers lose on average more than 10% in fees when sending money back home which sometimes forces them to work a second job or give up days off to make up the extra funds these fees can put a large strain on families relying on their relatives working abroad ripple ripple addresses the issues of speed and cost that currently plagued the cross-border payments if I want to move money from here San Francisco to London the fastest way is to fly there said Brad Garlin house ripple CEO we can stream video from the space station but I can’t move my own money from A to B especially for international payments but that is also true for domestic transfers Ripple neck transactions are completed in 3-5 seconds and cost mere fractions of a penny zero point oh-oh-oh-oh 1xrp or zero point ooo ooo – nine united states dollars at the time of writing ripple works directly with banks and financial institutions consumers will not have to interact directly with the technology but they will benefit from the reductions in time and cost web browsing users generate valuable information when they use the apps created by technology corporations the Amazons Facebook’s and Google’s profit from this users receive no compensation Google currently aggregates more than 1 billion monthly active users spread across seven unique products brave browser brave blocks ads and website trackers while paying content publishers 55% of the replaced ad revenue brave software ad partners and browser users are to be allocated 15% of the revenue users would be able to donate their revenue share to content publishers through micro payments brave is founded by Brendan Eich a co-founder of JavaScript it’s Native basic attention token that allows users to tip websites and content creators metalife metal I a full web 3.0 when a browser is creating a portal for housing and monetizing data that its browsers collect users can leverage the ownership of their personal data life coin the native major corporations that have invested in cryptocurrencies there are many companies that trust in this economy and decide to bet on cryptocurrencies that is why sooner or later there will be the total acceptance that all users are waiting for although it is still a market that does not generate confidence in all there are at least six important companies that are already opening their schemes to cryptography thus raising adoption in development rates to their highest point these are some of the important companies that have included the cryptocurrency in their dynamics Starbucks one of the companies that accepted cryptography from the beginning last year Starbucks announced that if it partnered with the IntercontinentalExchange initiative announced by backed when this finally happens Starbucks will be the platform’s first merchant facilitating cryptographic payments for coffee and other products although the trade will not process any cryptocurrency it will instantly turn it into a fiat it is a big step Samsung this company was rumored to have entered the cryptography industry since last year when it was discovered that it had requested several trademarks such as blockchain keys door box chain key box and blockchain core all under the terms smartphone and although he denied the rumors the following month that decided to apply for the patent for a computer software to use as a cryptocurrency wallet and also presented the new S 10 with storage of private keys an oath fact that Samsung revealed the integration of decentralized application support DAPs including applications such as cryptic IDs ijen gaming platforms among others Facebook the most important social network also wants to venture into this market by creating a cryptocurrency sometime in 2019 that is very soon the intention behind this leap into the cryptography market is to offer a similar digital asset that can compete with different global currencies this currency could work as a payment solution linked to platforms such as waves up insta Graham and Facebook messenger square this was one of the first important companies that could see the benefits since the beginning of 2018 that the company enabled the purchase and sale of Bitcoin through its cash application its CEO Jack Dorsey fully supports the cryptographic market as he sees it as an ecological alternative IBM another important company that opted for cryptography and partnered with stellar in October 2018 after successfully making transactions using xlm until now there are many companies and banks that are betting on this modality there are six large notable companies that are betting on cryptocurrencies and the future seems to indicate that there will be many more thanks for watching The Ohio Bitcoin com Bitcoin news channel today we sincerely appreciate you spending some of your valuable time with us disclaimer price of articles and Markets updates are intended for informational purposes only and should not to be considered as trading advice neither Ohio Bitcoin comm nor the author is responsible for any losses or gains as the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own Bitcoin if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views and continues to spread the word about Bitcoin BTC thanks again see you with more Bitcoin headline news and analysis soon twitch silently removes Bitcoin support for channel subscriptions ensuring the mass adoption of Bitcoin and altcoins becomes a reality is an ongoing struggle while some effort has been undertaken to make something positive happen a lot of companies have dropped cryptocurrencies support as well over the past few years the latest company to do so is twitched by the look of things their bitpay payment option has been removed in the past few days without any prior warning twitch boots Bitcoin and altcoin support a lot of people were initially pleased to see popular streaming platform twitch intergrate cryptocurrency payments by allowing users to send tips through Bitcoin and altcoins an important step toward mass adoption was taken this sentiment was later reinforced when users could actively pay for twitch channel subscriptions in Bitcoin and Bitcoin cash that functionality is made possible through big pay the world’s leading major cryptocurrency payment processor as is always the case when a company integrates support for Bitcoin and altcoins there is some concern over the popularity of this option as has been seen across other industries once the initial hype calms down Bitcoin and alt coins are used far less frequently this is one of the main reasons why multiple companies removed Bitcoin payments support in recent years it now appears twitch has done the same without letting their users and customers know this change was coming when anyone tries to subscribe to a twitch streamer they can choose from many different payment options the bit pay option has been removed from this list although no one can pinpoint when this happened exactly it seems this is not a region-based change either as twitch users from different continents have confirmed this payment option is no longer available a very unfortunate turn of events especially during these bearish times for all cryptocurrencies one possible reason why the bitpay option was removed is due to a lack of overall interest although there will always be a core audience which relies on this payment method cryptocurrencies aren’t necessarily suited for subscription-based services more specifically Bitcoin and other currencies do not offer native recurring payments support which is rather annoying when dealing with subscription-based services this may be one of the reasons why the big pay integration did not work out for twitch in the end as is to be expected when such a change is introduced without warning users in advance the community feedback is not too positive by any means a lot of reddit users are cancelled all twitch subscriptions or are simply shutting down their own streams because of this unwelcome change this is a rather normal reaction although it remains to be seen if this will impact twitches profitability in any significant way it seems unlikely this will make much of a difference when looking at the bigger picture this is another sign of why cryptocurrencies are not ready for mainstream use by any means even though twitch saw merit in experimenting with this new form of money the collaboration didn’t last all that long although streamers can still accept Bitcoin through coinbase if they set up and link their personal account manually it seems unlikely Bitcoin and alt coins will make much of an impact on twitch in the foreseeable future a very unfortunate development for this fledgling industry but it was somewhat to be expected disclaimer price of articles and Markets updates are intended for informational purposes only and should not to be considered as trading advice neither ohayo Bitcoin dot-com nor the author is responsible for any losses or gains as the ultimate decision to conduct a trade is made by the reader dot this is not trading or investment advice this presentation is for entertainment and education purposes only please do your own research before purchasing or investing into any cryptocurrency always remember that only those in possession of their own private keys are in control of their own Bitcoin if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views and continues to spread the word about Bitcoin BTC thanks again see you with more Bitcoin headline news and analysis soon opinion editorial with Bitcoin anarchy is the point not the problem last week there was a panel at SXSW that was effectively a debate on the merits of permission blockchains versus permissionless systems like Bitcoin I listened to the entire audio of the panel discussion after programming Bitcoin author Jimmy song tweeted about the other day and I thought he did an awesome job of pointing out the key value proposition of Bitcoin and why it is not worth comparing to permission systems what was the innovation with Bitcoin as song covered in his remarks during the panel the key innovation with Bitcoin was the use of proof of work to enable anonymous actors to take care of the ordering of transactions in a digital financial system while other digital cash systems were tried in the past no one was able to come up with the perfect system that could solve issues related to centralization and civil attacks with Bitcoin Satoshi Nakamoto hit the sweet spot I recently wrote about this same topic in the context of alternative cryptocurrencies that really shouldn’t be referred to as cryptocurrencies specifically something like ripple XRP is not comparable to Bitcoin because the system does not use anonymous validators song hit on the same point while providing his definition of centralized versus decentralized systems here’s what I mean its centralized if there’s a single point of failure said song and I say that because that is exactly how governments control things bitcoins resistance to censorship shut down to regulation by governments is its key innovation this was nothing more than a sipping dream for decades but Bitcoin turned it into a reality Silk Road isn’t the troubled pasture Wild West Silk Road is the point numbered Bitcoin Kyle tour peak at Kyla Torpy October 7th 2014 IBM’s Christopher Faris who took the side of permission blockchains in the debate even asked song if he was arguing for Anarchy over a regulated financial system during the panel discussion yes that’s the whole point I keep my own keys I have my own Bitcoin that means real self sovereignty said song during one portion of the debate that means real decentralization I personally like self sovereignty and I like controlling my own keys controlling my own money being my own bank instead of somebody being able to say that’s not yours anymore because we don’t like you and we think you’re a political enemy it is the lack of centralization in Bitcoin that enables permissionless innovation on top of the base blockchain layer whether it’s dark net markets allowing for censorship resistant to commerce abroad building a permissionless banking standard crazy ideas like Bitcoin hivemind are simply enabling greater levels of financial privacy in a digital age these sorts of applications are simply not possible with the traditional banking system which includes the entire permission blockchain ecosystem this solution is not perfect but it’s the best we’ve got it should be noted that as Ferris pointed out during the debate there are still plenty of issues with Bitcoin from a usability perspective many people simply aren’t comfortable with the risks associated with this new financial system issues like bitcoins price volatility the responsibility of taking care of one’s own private keys the relatively higher costs that come with decentralization and the lack of user-friendly wallets are some of the problems that are still being worked on 10 years after the network was originally launched however it should be noted that these issues aren’t as important to those who put self sovereignty over everything else this is what many Bitcoin skeptics do not seem to understand there are plenty of people who are willing to take on the additional risks of using Bitcoin simply because they wish to be in full control of their own finances and also want to support the ability for anyone else in the world to gain this level of extreme financial freedom new solutions to the various usability issues with Bitcoin are also coming online on a regular basis comparing Bitcoin to traditional banks or permission blockchains doesn’t make any sense bitcoin is something completely different that was created for a specific purpose financial self sovereignty this is a guest post by Kyle Torpy views expressed are his own and do not necessarily reflect those of Ohio Bitcoin comm BTC incorporated or Bitcoin magazine thanks for watching The Ohio Bitcoin com Bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither Ohio Bitcoin comm nor the author is responsible for any losses or gains has the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private Keys are in control of their own money if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more Bitcoin headline news and analysis soon what does little coin founder Charlie Lee think will Drive crypto adoption after Villach beuter and stellar keynote about ethereum 2.0 news got the rare chance to sit down with Charlie Lee a coin based director of engineering turned litical and founder the crypto pioneer told us all about his thoughts on how this ecosystem is developing along with litical Owens plans for global dominance related reading exclusive Whiterun CEO expects Bitcoin crypto assets to rally in 2020 Charlie Lee’s crypto insights new speak a few months ago you told CNBC fast money that the downturn in the crypto market has allowed you and the lytic Owen Foundation to properly build out your product does that still hold true today Charlie yeah so my point there is that when prices aren’t going up like crazy there are definitely fewer distractions this means that it’s a good time for people to keep their heads down and start to work on getting other products live just recently we’ve been working hard on trying to add more fungibility into the lytic öand protocol so what we’re looking at now is doing a minimal Wimble extension block upgrade for little coin so we’re doing a lot of research into that about how we could make such an implementation in a safe way we want more fungibility and privacy in the little coin ecosystem noose how has this crypto bear market compared to ones in the past Charlie well it’s been pretty similar one thing about this bear market even though it’s been over a year now is that it hasn’t been as bad for people the drop is similar percentage but during the last bear market I remember it got to a point where people just didn’t think that it was going to come back people just weren’t optimistic about the price at the time now I think we haven’t gotten to that point yet and maybe we might not go there this time which will be great but I wouldn’t be surprised if there are more sell offs or if it takes a lot longer to climb out of it it could be another year or so but who knows it’s hard to predict these things new spook so you made crypto history when you purchased a stake in Wegg Bank a few months back how has that been playing out so far charlie it was actually like almost a year ago that that deal happened we have a nine point nine percent stake in the bank meaning we have some influence the bank is kin to creating crypto products so they’re kind of approaching it from a different direction of starting with a regulated bank then pivoting to give us merchant processing and stuff like that so the first step has been great next is supporting crypto companies with bank accounts then lastly you want to add crypto wallets along with storing fiat and normal accounts for crypto companies what would be cool is allowing people to store US dollars at a bank in cryptocurrencies too but eventually there will be merchant processing and other crypto solutions it’s going slowly because banks move slowly due to regulations that was to be expected but it’s going well I don’t have anything really to announce right now but I’m excited about what is to come in the future new speaker so you guys joined hands with Venice creme from the UFC did you see values aligned between the UFC and cryptocurrencies Charlie it wasn’t quite a partnership with Ben he’s a huge proponent of cryptocurrency and he also understood lit a coin very well Ben understands the need for sound money he also said he supports lit a coin so members of our community actually donated to him over 100 ltc4 his previous fight and he was very thankful for that and he wore a little Cohen t-shirt for a few of his interviews we also had a little Cohen logo on the UFC mat there which brought us a lot of exposure and drew a lot of new people into this space I think there’s an intersection between the cryptocurrencies immunity and calm that sports fanned it’s a unique opportunity for us to expand the adoption of lytic going through that pumped for adult foundation to sponsor me for UFC 235 at Satoshi light at Joh and ki m77 number of quest kiss number elastic twitter.com OV e 0b zy to za baños grin at Ben Askren January 15th 2019 news what is one thing holding back crypto adoption as it stands Charlie I’ll tell you two things one thing is volatility because crypto prices are so volatile it’s hard for people to actually use it meaning adoption is hampered volatility is kind of a chicken and the egg type scenario once there is adoption volatility will decrease meaning more adoption so it’s a slow process for that to work for us to overcome that the second thing that’s kind of preventing us from getting a lot of adoption is user experience of storing your own money securing your own money is hard there’s always a trade-off between security and usability so people are using exchanges to store their coins because they can’t do it themselves it’s easy but then you hear all the stories about exchanges getting hacked and that really hurts adoption so probably we just need to work on having better easier solutions that allow people to store their own money that’s the whole problem really so I think usability and user experience is really important albeit it’s something that is hard to solve thanks for watching the Ohio Bitcoin calm Bitcoin news channel today we sincerely appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither Ohio Bitcoin comm nor the author is responsible for any losses or gains has the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own Bitcoin if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views and continues to spread the word about Bitcoin BTC thanks again with more bitcoin headline news and analysis soon you electro Liam etn launches $80 smartphone that mines crypto blocked Shane’s startup electro loom has just launched a dirt cheap Android smartphone that mines cryptocurrency announcing the news on Monday the firm said it’s new m1 is a Google mobile services GMs – certified smartphone that comes with a cloud mining technology integration enabling users to earn crypto through an app the $80 smartphone however will at launch mine only electro looms native token etn with a claimed monthly return of up to three dollars once setup mining can be carried out offline the firm said the ETM toe concerned by users can be utilized to pay for services such as mobile top-ups online services and shopping it’s also tradable exchanges with 1 et:n worth around 0.007 $3.00 a time of writing according to data from kin market cap it has a market capitalization of around 65 million dollars currently the m1 offers 4G 8 GB 32 GB of storage and 2 SIM slots and is powered by a quad-core 1.3 GHz processor cameras are less than overwhelming 5 megapixels rare and 2 megapixels front the device is apparently being offered at the price of reconditioned handset because electro loom is looking to target developing countries and grow the adoption of blocked shame and cryptocurrencies in some countries the firm may price the phone even lower at around $60 to start with we will be selling the m1 in South Africa as this is our first launch market Nick cook head of operations at electro noodle told poin esque the m1 will be sold through local vendors cook further said that the device will also be sold over at Amazon in South Africa in the coming me electra looms founder and CEO richard else said in a separate statement shared with coin desk south africa was an obvious choice for us we carried out a large survey in the country and found that 97% of those who responded said they would like to use ET n to pay for mobile airtime and data electro new has partnered with cybersecurity firm hacker one which is also used by the US department of defense to secure its network cooked old coin desk m one image courtesy of electro new thanks for watching the ohio but coin Kampf bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither at ohio bitcoin calm nor the author is responsible for any losses or gains as the ultimate decision to conduct to trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoyed this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more bitcoin headline news and analysis soon you blockchain to be integrated into facebook login Facebook CEO Mark Zuckerberg reveals in an interview with Jonathan Zittrain a professor at Harvard that he’s willing to put the login on the blockchain Zuckerberg revealed that the technology could give the social media users cell powers when using and giving information access to third-party apps in May 20 18 the media giant formed a blockchain team headed by David Markus ex vice president of messenger the primary objective of the team was to explore the best techniques to leverage blockchain technology with social network dot like many other companies Facebook is exploring ways to leverage the power of blockchain technology a spokesman revealed dot Facebook to create its own cryptocurrency last year the meteor giant was also delving into the possibility of creating its own digital currency for payments but this is the first signal that the company could incorporate blockchain as part of its login and data sharing system dot an and I interview Zuckerberg revealed confirmation was her use of the technology that is greatly interested in even though he hasn’t discovered the best way for this to operate the suggested system would substitute Facebook Connect with distributed ledger technology dot the system will enable users to select which apps to give access to and also set the limit of data shared various third party services are already designing similar systems to safeguard individuals personal information but Facebook joining the bandwagon would be a substantial change in the field dot Zuckerberg further explained dot you basically take your information you store it on some decentralized system and you have the choice of whether to log in in different places and you’re not going through an intermediary there’s a lot of things that I think would be quite attractive about that dot in December Facebook begun a struggle of hunting blockchain technology specialists to work on its new project as reported by Kona toll there has been much hype on the growing of startups and initial coin offerings established monthly and this triggers the media giant to join the trend if you enjoy this type of content please click the like and subscribe buttons below it helps us to get more views thanks again see you with more Bitcoin headline news and analysis soon [Music] [Applause] [Music] [Applause] [Music] [Applause] [Music] [Applause] [Music] [Applause] [Music] [Applause] [Music] [Applause] [Music] [Applause] the N blue uses the VAT chain public blockchain for Daffy verify car in automata V magazine which among other things reports on it trends in the automotive industry a very interesting article was published in the latest issue for all fans of blockchain technology and especially for the community of the cryptocurrency of F chain according to the report which is based on forecasts by Simon cutter and partners the market volume for the blockchain in the auto industry is expected to reach 104 billion euros by 2030 part of this will fall on the category of gaps so-called distributed applications not only smart phones and computers collect data but also cars store more and more information and process its further but on the used car market there is a big problem manipulated mileage with the help of the VAT chain public blockchain and adapt verify car from BMW this problem should be solved vehicle owners can use the collaboration of BMW and Vette chain to transfer important information such as mileage or service and repair history verified and validated via the blockchain manipulated mileage should cause an annual damage of six billion euros mileage manipulation is an enormous problem according to an attack study every third used vehicle sold in Germany drives with a manipulated speedometer and the annual damage amounts to more than six billion euros says Sihon Alba head of the BMW group at tech office in Singapore opposite automotive it in the long run this leads to a loss of customer confidence which is to be maintained using blockchain technology the verify cars app would record not only the mileage but also all other activities of the vehicle and store it on the VAT chain public blockchain batching Thor in the future customers if the BMW group should be able to assign an individual QR code for each car this is linked to the respective car and can be scanned to obtain necessary information such as the mileage even though everything has already been technically tested it is not yet clear when the application will be ready for production tell us what you think about BMW using the VAT chain public blockchain for DAP verificar and he and section below thanks for watching the Ohio Bitcoin calm Bitcoin news channel disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither Ohio Bitcoin calm nor the author is responsible for any losses or gains as the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoy this type of content please click the like and subscribe buttons below it helps us to get more views thanks again see you with more Bitcoin headline news and analysis soon Facebook’s tablet coin wants to replace US dollar not Bitcoin kick founder Facebook could be on the path to replace the US dollar with its own crypto asset as a global currency claims Ted Livingston the founder and chief executive of the kik messaging app projected the upcoming stab lakorn project as a wedge of aspirant the 32 years old Canadian entrepreneur wrote that like the Chinese messenger app Facebook was attempting to move the US dollar into a private online payment system such a system would not only make it easier for people to transfer money cheaply but it would give them reasons to keep their money inside the messenger system he wrote what should allowed people to take their money out at any time but they also added more and more reasons for people to keep their money inside paying hydro bills buying food booking vacations and more soon no one was taking their money out remittance and payments livingston derived three possible steps that Facebook could execute in the coming days first the company could expand into a 689 billion dollar remittance market by creating an interoperable payment interface between messenger Instagram and waves app second it could integrate blockchain to roll out a global financial system such as that of Bitcoin without needing to hire costly banking service and third it could enable users to keep and spend their money inside the platform for making day-to-day payments embedded content Facebook earlier shared its plans to start its messenger payment services in India via whatsapp the densely populated country like China is host to large remittance and payment operations in terms of remittance only India received eighty billion dollars in 2018 surpassing China’s 67 billion dollars in Mexico and the Philippines 34 billion dollars each as India gains momentum Facebook could look to expand first into other countries where remittances are popular perhaps the Philippines and Egypt followed by Mexico and Vietnam Livingstone predicted everyone should read this at Ted Livingston has been ahead of many trends in social media and messaging over the last decade bold thoughts here HTTP colon slash slash to KO / or c ji 3mh a o f pump a tap on plea on o March 20th 2019 no Bitcoin Facebook competition Facebook’s entry into remittance would come at a time when Bitcoin would have lost its Sheen as a remittance asset though the leading cryptocurrency was a flag bearer of decentralized payment solutions it didn’t turn up a good use case for remittance due to price volatility for instance if point a sends $100 then point B should receive $100 Bitcoin cannot guarantee such stability which is why it would be less popular as a remittance asset Bitcoin volatility time series chart source by Bitcoin worldwide so far media reports have pitted Facebook’s tablet coin project in Bitcoin against each other for the very same reason remittance however Bitcoin remained of multi-faceted technology which could function as money and commodity all at the same time Livingston said that Facebook’s tablet coin was more threatening to the dollar than it was for a decentralized asset like Bitcoin adding not that long ago the world’s reserve currency was gold where the value of a dollar was pegged to the value of gold but then one day the US decided to unpack the dollar from gold paving the way for the dollar to replace gold as the world’s reserve currency so here is my question what will stop Facebook from doing the same thanks for watching the Ohio Bitcoin calm Bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither Ohio Bitcoin comm nor the author is responsible for any losses or gains as the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more Bitcoin headline news and analysis soon open node analysis plugin for Shopify merchants Spurs Lightning Network adoption according to latest reports Bitcoin lightning networks payment platform open node announced a plugin for Shopify merchants in a blog post open node mentioned a processing fee of 1% for every Bitcoin transaction instantly leveraging the Lightning Network for Shopify merchants additionally the post also confirmed that all Bitcoin transactions settlements were irreversible this eliminated the chances of charged back frauds touted as the leading Bitcoin lightning Network solution available open node is a payment platform funded by the american venture capitalist Tim Draper according to the post thousands of Shopify merchants are already accepting Bitcoin payments however no confirmation on the integration has been provided by the official social media handles of both open load and Shopify in a bid to help developers monetize on the amps created and to further distribute them in the market open note recently announced a collaboration with block stack a forum for blockchain applic Haitian hosting service following the partnership intrested developers would be provided with free virtual workshops open node posted on its official twitter handle join us as we partner with that block stack for our first vert he will workshop and learn new ways to monetize your decentralized application through the number Learning Network the open node Shopify plugin has contributed to the cryptocurrencies Dopson spree in recent months additionally the integration would potentially facilitate mass adoption of lightning network payments in the e-commerce sector Bitcoin lightning network or the layer 2 solution seeks to improve efficiency and lower the fees associated with Bitcoin transactions father the blockchain tech firm but fury group partnered with business payments processor hate pay to bolster Lightning Network payments earlier this month this integration will enable businesses to accept payments over the Lightning Network another firm to join the bandwagon is the Singapore based crypto exchange zeb pay the platform announced the integration of lightning network functionality and offered wallet options to its users on its platform to send payments via the lightning network thanks for watching the ohio bitcoin comp bitcoin news channel today we sincerely appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither ohio bitcoin calm nor the author is responsible for any losses or gains as the ultimate decision to conduct a trade is made by the reader dot this is not trading or investment advice this presentation is for entertainment and education purposes only please do your own research before purchasing or investing into any cryptocurrency always remember that only those in possession of their own private keys are in control of their own Bitcoin if you enjoyed this type of content please smash the like and subscribe buttons below it helps us to get more views and continues to spread the word about Bitcoin BTC thanks again see you with more Bitcoin headline news and analysis soon lightning loop lets users empty lightning channels without closing them lightning labs the development team working to grow the Lightning Network just released the alpha version of a new protocol called lightning loop lightning loop is designed to give users the ability to deposit and withdraw Bitcoin from their payment channels the two-way payment gateways that allow users to send and receive funds to and from each other without closing these channels entirely lightning channels are like tubes of money the more you send the more you can receive and the other way around according to a blog post written by lightning lab developers Alex Bosworth and Brian vo money moves around in the tube but the total amount of funds remains constant so unlike other payment systems lightning requires inbound capacity in order to receive funds when setting up payment channels users have to fund their accounts with Bitcoin to begin sending and receiving inbound capacity refers to a receivers ability to claim a certain number of Bitcoin from a sender if for example Molly has a payment channel setup with Angela and Molly funded her side of the channel with two BTC while Angela funded her channel with one BTC then Molly’s inbound capacity is 1 BTC and Angela’s is 2 BTC if Molly wants to receive 2 BTC from Angela then they’d have to open up a new channel and fund it with the appropriate amount if a sender does not have enough Bitcoin for a given transaction the recipient won’t be able to receive an invoice to mount through the channel but if a channel is at capacity then the recipient won’t be able to receive funds either this new protocols loop out feature mitigates the latter problem with loop out a lightning network user will be able to empty a channel once it has reached its full capacity instead of having to close this channel entirely and set up a new one they can send a portion of these funds to an on chain wallet instead the blog post also noted that this protocol will also make it easier for first-time users to fund their lightning wallets to begin receiving payments further when of user join the Lightning Network they can use loop out to get initial receiving capacity as well as a result new recipients on the network no longer need to rely on others to open channels with them before they’re able to start receiving payments Bosworth and Lou wrote lightning labs is also working on a feature to work in the inverse rightly dubbed lupine this would allow users to refund their payment channels when they become low on Bitcoin capacity the vision for lightning loop is to allow users to securely move funds in and out of the Lightning Network using non-custodial Bitcoin contracts per the blog post with loop users businesses and routing node operators are able to keep lightning channels open indefinitely making the network more efficient more stable and cheaper to use to try lightning loops alpha release check out Lightning labs github while still in the testing phase lighting labs blog post emphasized that loop out transactions are limited to a maximum of 0.01 BTC and will require no additional fees beyond on chain transaction fees thanks for watching the Ohio Bitcoin calm Bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither ohio bitcoin calm nor the author is responsible for any losses or gains has the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more bitcoin headline news and analysis soon you Google spell check used a hack Konami wallet when storing your cryptocurrency you need to know your assets are safe especially when using wallets on exchanges or via software that means your assets are online the benefits to these sorts of wallets are that you can access your assets across a range of platforms mobile PC etc and also means that if you forget your login details you might not always totally lose access to your crypto drawbacks however to having your assets online can often mean your storage is not decentralized and is managed by someone else like an exchange and indeed your assets are connected to a network which means they can be accessed via hackers who are able to exploit bugs such a bug has recently been located within the Konami wallet the bug seems to have stemmed from a vulnerability that has has been exploited via Google’s spell check after Alma Wally the victim of the bug revealed that his wallet has been accessed and could have stolen up to sixty thousand dollars according to one hashed Alma wali claims that a text box built into the Konami wallet sent his seed phrase to Google’s online spellcheck service since of seed phrase can be used to gain access to a wallet handling data in this way is a major risk Elna wali claims that the bug was used to steal 60,000 dollars of cryptocurrency from his wallet he also says that Konami has refused to take responsibility which has forced him to reveal the problem publicly Konami itself has now responded admitting that Google spell checks did occur due to a bad configuration in one of the wallets plugins however Konami also says that this function sent text securely and that Google actually rejected the data what’s happened so according to the reports no assets have been lost as a result of this though Mawali has felt that this bug could have been exploited more successfully in the future thankfully in this instance everything seems to be okay and indeed Konami seemed to believe that the bug was never really an issue in the first place thanks for watching the Ohio Bitcoin calm Bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither Ohio Bitcoin calm nor the author is responsible for any losses or gains has the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more Bitcoin headline news and analysis soon you you how belorus focused on Bitcoin and crypto to grow its tech industry the belorus government used the growing popularity of Bitcoin as a tool to boost its technology sector reported Smet the media agency collected quotes from people who were working closely with Belarus and president Alexander Lukashenko in drafting tech friendly laws one of them was a lawyer named Dennis oleynikov who helped the government draft a bill that would make foreign companies to receive tax benefits in Belarus he told net that president Lukashenko wanted to boost Belarus as a global technology hub but their Island the gasp dependent economy didn’t have a budget to run a viral campaign so they came up with a plan and to Bitcoin boom the entrepreneurs close to president Lukashenko suggested using Bitcoin and bitcoins popularity to promote Belarus’s tech sector in December 2017 at the height of the crypto boom president Lukashenko signed a decree that gave foreign tech companies unlimited access to belorus tax-free climate the order enforced 36 types of tax exempt activities for tech companies until 2049 there’s 0% v80 0% corporate profit tax customs duty offshore Duty income tax for foreign entities tax on sales of shares of high-tech Park residents and zero tax on revenues of foreign companies mid tree ticked off the press secretary if the Belarusians high tech part holds net helped by the decree the ICO industry also gained legal status in the region they could now issue tokens facilitate bit coin and crypto trading and run mining enterprises under a tax-free structure which would expire in 2023 cutting-edge technology is a very nice marketing instrument for a little country explained Elaina cough we decided that it would be good for belorus to be the first country to make smart contracts legal shady companies approved by lacks regulations global regulators had and continue to have severe concerns about how the ico industry operates at status crypto startups would go on and raise millions of dollars via tokenized public funding but in the end a majority of them failed to turn up with a working project as a result over 85% of ICO projects failed and their investors underwent massive losses reported Bloomberg these losses further pushed the cryptocurrency industry and one of its most extended bearish phases so there is a possibility that belorus despite its noble intentions unknowingly allowed shady companies to operate smoothly a recent example somewhat points in the same direction relaxed development a cryptocurrency enabled real estate startup recently received an operational license from the belorus authorities at the same time the firm was facing allegations of insider trading by its community a redditor alleged their CMO was caught in manipulating the community which allowed him to accumulate till there 4% of the total supply of owner Alex when confronted the team deflected and pushed this situation off to the site months went by and as more investigating was done more light was brought to the table by seeing the damage that CM Oded by using alt accounts on telegram the issue was brought up again and at the beginning of December the CM o stepped down more info available on this and this link boom is boom a few bad examples do not necessarily make Belarus a hotbed for poor projects just recently Belarus approved currency calm a tokenized securities exchange which raised eight million dollars investment from loanable ventures and vp capital the trading platform allows crypto investors – but tokens that are linked with stocks on NASDAQ exchange at the same time there are blockchain Solutions firm like intellect surfed and smarten Pro working as third-party developers for innumerable crypto projects around the globe independent and popular blockchain projects like open legend ex-cop pay deepens quorum also hail from Belarus as high-tech park with its friendly regulations the park has also attracted companies sectors other than crypto there include firms from machine learning telecommunications space robotics and Information Security over 260 companies entered belorus in 2018 leading to an increase in software exports bring the sector one point four billion dollars in FY 2018 that earnings were 38 percent more than the previous year thanks for watching the Ohio Bitcoin comp Bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither Ohio Bitcoin comm nor the author is responsible for any losses or gains as the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more Bitcoin headline news and analysis soon [Music] [Applause] [Music] [Music] [Music] [Music] [Music] [Music] [Music] you you man game over man game ethereum earth heart Fork goodbye Constantinople hello Istanbul ethereum F the cryptocurrencies second only to Bitcoin and a leading smart contract platform has always been one of the most talked-about projects in the crypto space since it was introduced by Vitalik Putin over the past few years the project has marked several milestones both in terms of development and adoption the potential of the project was also recognized by several key players within the cryptocurrency space notably among them was rotifer founder of Bitcoin comm formerly nicknamed Bitcoin Jesus according to reports ver had stated that ethereum could overtake Bitcoin by the end of 2018 in the meantime however the bear market took control of the cryptocurrency market which led to the world’s second largest cryptocurrency closing the year with a loss of around 90% of its value nonetheless the project always stood out for its technical advancements especially with all the buzz surrounding the platform’s shift to proof of stake pose consensus mechanism the upgrade was in the spotlight during the recent ethereum Devgan with photonic giving a brief introduction to ethereum 2.0 based on the roadmap to get to the final phase aetherium would have to first complete the first three phases frontier homestead and metropolis the first two phases were checked out by the ethereum foundation a long time ago metropolis unlike the first two phases of ethereum frontier and homestead metropolis was divided into two Byzantium Hart fork and Constantinople Hart fork according to the official blog post this phase is when we have finally release a relatively full-featured user interface for non-technical users of ethereum Byzantium hard fork was one of the smoother upgrades and introduced a tothere IAM improvement protocols IPS all of these protocols went live in October 2017 on block number four million 370,000 the key feature of the upgrade was the delay of the difficulty bomb reducing the block reward from five ETH to 3f however Constantinople the second half of Metropolis faced several hurdles with the fork being pushed to a further date twice this upgrade was also one of the most awaited in the ethereum community the initial proposal for the upgrade consisted of five ethereum improvement protocols with the main spotlight again on the delay of the difficulty bomb and the third inning reduction of the block rewards further from three ETH to two F the first time the upgrade was delayed it was due to issues faced during the obstinate estimate Constantinople heart Fork the second was when it was discovered that one of the proposed improvement protocols made way for a reenter on C attack this heart fork was pushed to February 2019 and shred shield to occur on block number seven million two hundred and eighty thousand in order to solve the vulnerability issue the team decided to have two hard Forks Constantinople and st. Petersburg both of which would occur on the same block this first upgrade would implement all five proposed protocols and the second upgrade would either disable the Ike paving way for the vulnerability or downgrade the update this was later declared successful by the members of the foundation with the hard fork taking place on February the 28th 2019 hello Istanbul the team is currently getting ready for the next heart fork which will take place in about eight months from now according to reports this hard fork could also include the proposal made for Constantinople hard fork and the estimated deadline to submit all the proposals for an Istanbul is slated to be May 20 19 however july 2019 will see the soft implementation of istanbul compatibility on all ethereum clients and august 2019 is the estimated timeline for the test net upgrade finally the hard fork is expected to go live in the month of October 20 nineteen other upgrades in pipeline apart from Istanbul other upgrades the team is focusing on our ethereum 2.0 aqua serenity the final phase and proper implementation proc power arc a pro chromatic proof-of-work is the upgrade that is much awaited by the mining community of ethereum due to rising concerns over centralization this implementation will reportedly bring down the control of a sick miners and support the GPU mining part of the community serenity as the final phase of ethereum the main highlight of the upgrade is the shift from proof-of-work consensus algorithm to proof of stake consensus algorithm and the introduction of beacon and casper on ethereum this phase would also make way for the you Azzam upgrade thanks for watching the Ohio Bitcoin comp Bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither at Ohio Bitcoin calm nor the author is responsible for any losses or gains as the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more Bitcoin headline news and analysis soon you [Music] [Music] [Music] [Applause] [Music] [Music] [Music] [Music] [Music] [Music] [Music] [Applause] [Music] [Music] [Applause] [Music] [Music] you [Music] [Music]

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