FINANCIAL EDUCATION & YOUR BEST INVESTMENT
<;
Want To Protect & Profit from
Debt Collapse & Cashless Society ?
Be Your Own Bank 2.0 !!
Learn How To Inside
Click Here - Accept Facebook Connection - Follow Steps
To your success,
Steven Cavan
FINANCIAL EDUCATION & YOUR BEST INVESTMENT
<;
Want To Protect & Profit from
Debt Collapse & Cashless Society ?
Be Your Own Bank 2.0 !!
Learn How To Inside
Click Here - Accept Facebook Connection - Follow Steps
To your success,
Steven Cavan
Ethereum’s price rose 7% over the past 24 hours, continuing an apparent up-trend, increasing to $14.50, up from around $10 at the beginning of the month.
“[Enterprise Ethereum] is a bunch of companies, large and small that are using and building on Ethereum, both in the public blockchain context and private permissioned contexts, who are organizing to build architectures that they need in their work, at the protocol level and application layer, and also ensuring that core public Ethereum is strong and well resourced and that the roadmap towards 2.0 and beyond has the best talent available to execute it. This group is very interested in seeing a strong Ethereum Foundation and leadership of the EF has been involved from the beginning.”
Etherium is setting it sights on catching up with bitcoin which is being hampered by latency issued and indecision.
David Ogden
Entrepreneur
Steven Cavan
FINANCIAL EDUCATION = YOUR BEST INVESTMENT
<;
Want To Protect & Profit from
Debt Collapse & Cashless Society ?
Be Your Own Bank 2.0 !!
Learn How To Inside
Click Here - Accept Facebook Connection - Follow Steps
To your success,
Steven Cavan
FINANCIAL EDUCATION = YOUR BEST INVESTMENT
<;
Want To Protect & Profit from
Debt Collapse & Cashless Society ?
Be Your Own Bank 2.0 !!
Learn How To Inside
Click Here - Accept Facebook Connection - Follow Steps
To your success,
Steven Cavan
FINANCIAL EDUCATION = YOUR BEST INVESTMENT
<>>
Want To Protect & Profit from
Debt Collapse & Cashless Society ?
Be Your Own Bank 2.0 !!
Learn How To Inside
Click Here - Accept Facebook Connection - Follow Steps
To your success,
Steven Cavan
FINANCIAL EDUCATION = YOUR BEST INVESTMENT
<>>
Want To Protect & Profit from
Debt Collapse & Cashless Society ?
Be Your Own Bank 2.0 !!
Learn How To Inside
Click Here - Accept Facebook Connection - Follow Steps
To your success,
Steven Cavan
FINANCIAL EDUCATION = YOUR BEST INVESTMENT
<>>
Want To Protect & Profit from
Debt Collapse & Cashless Society ?
Be Your Own Bank 2.0 !!
Learn How To Inside
Click Here - Accept Facebook Connection - Follow Steps
To your success,
Steven Cavan
FINANCIAL EDUCATION = YOUR BEST INVESTMENT
<>>
Want To Protect & Profit from
Debt Collapse & Cashless Society ?
Be Your Own Bank 2.0 !!
Learn How To Inside
To your success,
SUCCESS = MINDSET + LEARN + APPLY + TEACH
Steven Cavan
Cryptocoin and Blockchain Article Roundup - Feb 21, 2017
Here"s an article that ties one idea, the DAO (Decentralized Autonomous Organization) in with the more recently popular topic of Blockchain. It really does make sense. The idea of the autonomous business entity won"t die. Read some of the latest discussion about it in this article:
Rebranding The DAO: The Contentious Blockchain Concept is Back
Monero, the fifth largest digital currency by market capitalization, still struggles to build a "white hat" reputation simply because of its advanced privacy feature which hi-brows think attracts "the wrong crowd". Read the latest discussion on the issue here:
Drugs, Code and ICOs: Monero"s Long Road to Blockchain Respect
Oh goody-goody. California lawmakers want to protect charity raffles from the evils of bitcoin. It"s a good thing they"re not wasting time repairing dams. Read about it here:
California Lawmakers Consider Barring Bitcoin from Charity Raffles
New algorithm promises to make slow the trend toward centralization of Z-cash miners, thus democratizing the process. Read about it here:
How the Equihash Algorithm Could Democratize Zcash Mining
British Parliamentarians will discuss (or is it "debate"?) key issues about the status of bitcoin, digital currency, and the blockchain as it relates to money creation in English society. The UK government generally is pro-bitcoin but the banking establishment has been rather reticent to embrace it. Read about it here:
Money creation may well be the biggest economic issue of our times.
Could blockchain-related opportunities in one industry result in a talent and brain-drain from one industry to another? Probably not to any significant degree because the technology is creating opportunity almost everywhere. But it is creating some notable movement of some high achievers. Read one such example here:
Blockchain Capital Lures Bitcoin Analyst Away from Wall Street Firm
Well Buckaroos...that"s our Cryptocurrency & Blockchain Article 6 Pack for today. Thanks for dropping by. You"re also invited to join us over on Markethive where you"ll find a vibrant digital community on online entrepreneurs. Our community if free to join and if you"re promoting a business, brand, service, or cause online...Markethive has a great blogging system that will give you massive "Reach".
Also, if you need a freelance copywriter to help you with your business, contact me...Art Williams. Email here.
Steven Cavan
FINANCIAL EDUCATION = YOUR BEST INVESTMENT
<>
Want To Protect & Profit from
Debt Collapse & Cashless Society ?
Be Your Own Bank 2.0 !!
To your success,
SUCCESS = MINDSET + LEARN + APPLY + TEACH
Steven Cavan
FINANCIAL EDUCATION = YOUR BEST INVESTMENT
>
How To Protect & Profit from
Debt Collapse & Cashless Society
Be Your Own Bank 2.0 !
To your success,
SUCCESS = MINDSET + LEARN + APPLY + TEACH
Steven Cavan
FINANCIAL EDUCATION = YOUR BEST INVESTMENT
<>
How To Protect & Profit from
Debt Collapse & Cashless Society
Be Your Own Bank 2.0 !
To your success,
SUCCESS = MINDSET + LEARN + APPLY + TEACH
Steven Cavan
FINANCIAL EDUCATION = YOUR BEST INVESTMENT
<>
How To Protect & Profit from
Debt Collapse & Cashless Society
Be Your Own Bank 2.0 !
To your success,
SUCCESS = MINDSET + LEARN + APPLY + TEACH
Steven Cavan
FINANCIAL EDUCATION = YOUR BEST INVESTMENT
<>
How To Protect & Profit from
Debt Collapse & Cashless Society
Be Your Own Bank 2.0 !
To your success,
SUCCESS = MINDSET + LEARN + APPLY + TEACH
Steven Cavan
FINANCIAL EDUCATION = YOUR BEST INVESTMENT
>
Be Your Own Bank 2.0 !
Protect & Profit from Debt Collapse & Cashless Society
Click Banner To Learn About FINANCIAL TRANSPARENCY & BLOCKCHAIN Technology
TO LEARN MORE ...
FOLLOW STEPS INSIDE
JOIN OUR GROUP
https://markethive.com/group/cryptocoin
To your success,
SUCCESS = MINDSET + LEARN + APPLY + TEACH
Steven Cavan
FINANCIAL EDUCATION = YOUR BEST INVESTMENT
>
How To Protect & Profit from
Debt Collapse & Cashless Society
Be Your Own Bank 2.0 !
Plus Join For Free
Our Group
To your success,
SUCCESS = MINDSET + LEARN + APPLY + TEACH
Steven Cavan
Ethereum appears to be making a comeback with its price considerably rising during the past week from around $10 to over $13, settling at around $12.80.
Ethereum’s Price Rose by Almost 25% Over the Past Week – image from poloniex
The second biggest digital currency returns to a market cap of above $1 billion following news that JP Morgan, Microsoft, BP and other household brands are working on launching Enterprise Ethereum, a modified fork of ethereum to be used for private blockchains.
There were suggestions the household brands will also contribute to the public ethereum blockchain, but no further details were provided.
On other ethereum related news, Melonport, a “blockchain protocol for digital asset management on the Ethereum platform” – according to the greenpaper, sold out its almost $2 million ICO in about 13 minutes with 99% of the token gone in 3 minutes.
This is probably the fastest sell out of any ICO, indicating a huge demand to fund innovative start-ups in the ethereum space specifically and the wider blockchain space more generally.
Rather than holding ETH, etherumers appear to prefer parking their currency on eth based tokens which may earn returns through price appreciation and through profit-sharing schemes depending on the ICO’s terms.
The legality of these arrangements is not very clear. It is probable that any sale under $5 million is fine, but scams should be expected.
I’ve long suggested the setting up of a non-governing body to ensure some sort of quality and accountability, but its implementation probably suffers from the commons problem – it’s in no one individual’s interest to take up the initiative, but it is in everyone’s interest for it to be established.
The Trump administration is currently very busy, but now that UK is mired in Brexit, USA may take the torch and lead the world in providing some sort of regulation for quality assurance while not hampering innovation.
Specifically, they could fund the non-governing body and initiate its establishment while inviting many leaders in this space to sit on its board or provide input.
Bitcoin has seen an incredible rise in 2016, but the digital currency has now stagnated as far as the protocol and underlying innovation is concerned. After almost two years of debate on how to increase transaction capacity, no solution appears likely. Bitcoin may therefore continue to operate for much of this year at over capacity – a first in its eight-year’s history.
Bitcoin based transaction fees are seemingly increasing exponentially. The user experience has considerably degraded to slow, unpredictable and frustrating. Businesses have long called for a solution, but no one appears to be listening.
The currency, nonetheless, leads in brand recognition and is reaping the rewards of a billion or more invested in its infrastructure in 2013. Since then, such investments have fallen considerably, potentially stocking up problems in the near future.
Its main use now appears to be that of acting as a hedge, but that seems to be solely based on its brand recognition and an easily copied limited number of coins which can no longer move conveniently or cheaply.
The currency, therefore, seems ripe for disruption. With the second largest market cap, a well-funded and capable development team, corporate interest, additional functionality in smart contracts, 17 seconds average times for transaction confirmations and plans for unlimited scalability, Ethereum might be best placed for such disruption if it happens.
Whether it will, remains to be seen. It may well be the case that the two currencies have their own niche with bitcoin being like tor – slow, clunky, inconvenient, prioritizing edge cases above all else – while Ethereum might turn out to be bitcoin’s version of Firefox – fast, cheap, convenient, privacy conscious, prioritizing ordinary users while being inclusive of edge cases.
Although there are many races in the blockchain space and even races within races, currently, the one between Bitcoin and Ethereum is the most interesting. How this will play, all will be watching as a general realization and awareness now rises that blockchain technology will soon transform the world. I wonder how Infinity Economics will effect the situation in the future.
David Ogden
Entrepeneur
Steven Cavan
FINANCIAL EDUCATION = YOUR BEST INVESTMENT
Be Your Own Bank 2.0 !
Protect & Profit from Debt Collapse & Cashless Society
Click Banner To Learn About FINANCIAL TRANSPARENCY & BLOCKCHAIN Technology
LEARN ABOUT HOW TO BE YOUR OWN BANK 2.0
https://markethive.com/group/cryptocoin
To your success,
SUCCESS = MINDSET + LEARN + APPLY + TEACH
Steven Cavan
Cryptocurrency is electronic money that is not of any particular country and not produced by any government-controlled bank. These electronic currencies are also known as Altcoins. They are based on cryptography. This currency is produced by a mathematical process so that it will not lose its value as a result of large circulation. There are different types of Crypto Currency such as Litecoin, Bitcoin , Peercoin and Namecoin to name a few. The transactions using the digital currency are carried out using a mechanism called mining. The currency is generated in many, many computers with the help of software developed especially for this purpose. Once the currency is created, it is recorded in the network, thereby announcing its existence.
The way Cryptocurrency works is that instead of having one central authority who secures and controls the money supply (like most governments do for their national currencies), this work is spread out all across the network.
Miners collect the transactions on the network (like "Alice pays Karim 10 bitcoins" and "Liam pays Sofia 8.3 bitcoins") into large bundles called blocks. These blocks are strung together into one continuous, authoritative record called the block chain, which doesn"t permit any conflicting transactions. This is necessary because without it people would be able to sign the same bitcoins over to two different recipients, like writing cheques for more money than you have in your account. The block chain lets you know for sure exactly which transactions count and can be trusted (so no bad cheques!). The way Cryptocurrency makes sure there is only one block chain is by making blocks really hard to produce. So instead of just being able to make blocks at will, miners have to compute a cryptographic hash of the block that meets certain criteria. Miners refer to this process as "hashing". The only way to find a cryptographic hash that"s "good enough to count" is to try computing a whole bunch of them until you get lucky and find one that works. The miners who successfully create a block are rewarded some bitcoins according to a preset schedule. The difficulty of the criteria for the hash is continually adjusted based on how frequently blocks are appearing, so more competition equals more work needed to find a block. A modern GPU can try hundreds of millions of hashes per second, so to be competitive in this race to find hashes miners need specialised hardware, otherwise they will tend to spend more on electricity than they make producing Cryptocurrency.
In addition to the hash criteria, a block needs to contain only valid, non-conflicting transactions. So the other main task for miners is to carefully validate all the transactions that go into their blocks, otherwise they won"t get any reward for their work! Because of all this work, when a cryptocurrency client signs on to the network it can trust the block chain that was most difficult to produce (since this is evidently the one that was being worked on by the most miners). If there was a "fake" blockchain competing with the real ones (say, where someone pretends but they didn"t actually give Sofia those 8.4 bitcoins and they still have them), the fraudster would have to do as much work as the whole rest of the network to make their block chain look as trustworthy. So essentially, the intense work that goes into finding blocks through hashing secures the network against fraud. There is also, of course, some nifty code that figures out how to choose between conflicting transactions; and what to do if two people find valid blocks at the same time.
One last thing: why is it called mining? In the original analogy, people who performed this essential work were compared to gold miners digging the gold out of the ground so that everyone could use it. But in reality, Cryptocurrency "miners" are just running computer programs on very specialised hardware that automates the process of securing the network.
To sum it all up, special hardware and software:
That is What Cryptocurrency is and where is comes from!
Origional article: http://bitcoin.stackexchange.com
Dennis Roeder
Markethive Member
skype: daroeder
Steven Cavan
Be Your Own Bank 2.0 !
Protect & Profit from Debt Collapse & Cashless Society
Click Banner To Learn About FINANCIAL TRANSPARENCY & BLOCKCHAIN Technology
LEARN ABOUT HOW TO BE YOUR OWN BANK 2.0
https://markethive.com/group/cryptocoin
To your success,
SUCCESS = MINDSET + LEARN + APPLY + TEACH
Steven Cavan
Steven Cavan