Monthly Archives: September 2020

Dash adjusts block reward percentage to improve the economics of its network

This and other changes come as part of the protocol’s recent mainnet upgrade. Dash Core Group, the entity responsible for developing the privacy-focused coin DASH, publicized fresh changes to the asset’s proof-of-stake network on Sept. 30.  “Dash Core v0.16.0.1 binaries are released and ready for deployment on mainnet by node operators,” said an announcement on Medium from Pasta, one of Dash Core Group’s Developers. “This is a major release and is a mandatory upgrade for all miners and masternodes.” The network update improves the DASH ecosystem in […]

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As A Privacy Pioneer, Edward Snowden Left A Trail For Bitcoin

This article originally appeared in our Down The Rabbit Hole newsletter. If you want our news and analysis straight to your inbox, make sure you subscribe now! “Do not go where the path may lead. Go instead where there is no path and leave a trail.” — Ralph Waldo Emerson The key feature of Bitcoin is that it is free from control by any single entity or third-party authority. I think that one of its most important qualities is the fact that it was introduced and originally […]

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Japanese esports company to pay its players in XRP

Will this ultimately prove to be a significant step for mainstream adoption, or a publicity stunt? SBI esports, a subsidiary of Japanese financial services conglomerate SBI Group, announced that its esports players would receive salaries in Ripple (XRP) going forward as part of a sponsorship deal with venture capital firm, VC Trade. According to the official announcement, player salaries will be paid via crypto instead of fiat in order to strengthen the company’s presence among esports players who also use digital currencies. SBI esports, which is a […]

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Four Lies About The Bitcoin Circular Economy

A Bitcoin circular economy is a closed-loop system that designs out all of the corruption and headache of dealing with central bank-issued money. As savings technology is still the largely dominant story for Bitcoin, it’s helpful to take a closer look at a few lies about a topic that’s growing in popularity: the Bitcoin circular economy. A Bitcoin circular economy requires ways to earn, save and spend bitcoin. Oftentimes, when anyone is making progress on talking about earning or spending bitcoin, discussions will get derailed by fabrications […]

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Dfinity poised to launch straight into Top 5 crypto tokens by market cap

“Feature complete” final milestone before public launch unveils governance system for the first time. On Sep 30, DFINITY announced its final milestone release before the network’s public launch later this year. This release, called Sodium, represents a “feature complete” version of the network. The company also disclosed details about their governance system, called Network Nervous System, or NNS. NNS will use a proprietary token called ICP to facilitate operations on its “Internet Computer.” At launch, there will be 469,213,710 ICP tokens in existence — a number determined […]

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Hackers Congress Paralelní Polis Is Ready to Deliver Fifty-Eight Hours Of Freedom Content

To crypto anarchists, Bitcoin is seen as one of the most important tools to help promote self sovereignty and liberation. Yes, there’s fantastic technology involved and “number go up” is fantastic, but the freedom that Bitcoin gives HODLers is the primary benefit. This weekend, the seventh annual Hackers Congress Paralelní Polis will be convening in Prague, along with a massive, 58-hour long live stream. We sent over a few questions to the conference’s team to help make the case for why this conference is important to Bitcoiners. […]

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MyEtherWallet’s founder used to pay his rent by mining Bitcoin

His big takeaway? Mining rigs give off a lot of heat. Kosala Hemachandra, founder and CEO of crypto asset storage platform, MyEtherWallet, mined Bitcoin as a way to pay his Los Angeles rent between 2014-2015. When it came time to pay his bills, he would convert his coins into cash to facilitate the actual transaction. In conversation with Cointelegraph, Hemachandra reminisced about purchasing Bitcoin mining equipment in college while renting a room at his friend’s home. “I bought a Bitcoin miner and then I had it in […]

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American Economist Stephen Roach: ‘U.S. Dollar in the Early Stages of Sharp Decent’

American economist and former chairman of Morgan Stanley Asia, Stephen Roach said on Sunday that he believes the U.S. dollar will “crash faster and harder.” Roach said similar statements during an interview back in June, and his latest commentary stresses that people should “expect the dollar to plunge by as much as 35 percent next year.” Stephen Roach is a well known American economist as he worked as chairman of Morgan Stanley Asia and he also advised as the company’s chief economist as well. Roach currently serves […]

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Merchants accepting Bitcoin laud ‘zero chargeback risks’, says BitPay report

Bitcoin integration led to positive results for the merchants in this study. BitPay recently released a study highlighting four merchants from different businesses that have implemented Bitcoin as a payment method. The parties selected to participate included a gold broker, an online gift card marketplace, a domain registrar that also serves as a hosting service, and an electronics retailer. In the report, the unnamed merchants praised crypto’s lack of fraud-related chargebacks, noting the immensity of this issue when dealing with traditional institutions. They also reported that while […]

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Price analysis 9/30: BTC, ETH, XRP, BCH, BNB, DOT, LINK, BSV, CRO, ADA

Bitcoin and a few altcoins continue to push against resistance at higher levels, suggesting that the uptrend may resume soon. According to data from CryptoQuant, the total amount of Bitcoin (BTC) held in exchange reserves dropped from 2.8 million BTC in October 2019 to 2.4 million. Analysts believe that this steady decline in reserves means retail traders and whales may be accumulating Bitcoin as they expect prices to rise in the future. Even though Bitcoin is still far below its lifetime highs, if it manages to close […]

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