Month: August 2018

Ethereum Core Devs Delay ‘Difficulty Bomb,’ Reduce Block Rewards to 2 ETH

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Ethereum (ETH) core developers decided on their regular YouTube meeting August 31 to delay the “Difficulty Bomb” by agreeing to include the code for such a change into the upcoming Constantinople hard fork. One of the prime objectives of the Ethereum Foundation lies in the adoption of a new consensus algorithm – Proof-of-Stake (PoS). In order to implement it, the developers came up with a solution called the “Difficulty Bomb,” which makes the production of new blocks more complex and unfavourable. Constantinople is designed to smooth the transition from a…

Litecoin Will NEVER Test $400 Predicts Sabis Group

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The crypto verse is can be dramatic and depending on your preference, Litecoin and Bitcoin enjoy wide media coverage—and sometimes from research groups as Satis. They claim Litecoin gains shall average at $255 in the next decade and despite on-chain developments and adoption levels, LTC will never rise to $400. From the News Perhaps a stand out as the week concludes is this ruffling price prediction from Satis Group. While no one can accurately predict the future value of an asset even with the help of the latest valuation software,…

PwC’s New Digital Skills Course Will Teach Employees about Blockchain

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“Big four” auditing firm PriceWaterhouseCoopers (PwC) is launching training programs to employees on blockchain and other nascent technologies. The two-year digital skills course, dubbed “Digital Accelerators” and said to begin in January, will train 1,000 employees on everything from drones, blockchain, and cleansing data to 3D printing, a news report from tech publication Digiday says. The intermediate-to-advanced skill building courses is aimed to enhance PwC employees’ digital skills as well as cut costs for clients, thus boosting internal blockchain expertise, the report added. According to Sarah McEneaney, digital talent leader at PwC…

Taiwan Hospital Launches Blockchain Platform to Improve Medical Record-Keeping

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The Taipei Medical University Hospital has rolled out a blockchain-powered platform to improve medical record-keeping, Taipei Times reported August 31. The so called “Healthcare Blockchain Platform” was reportedly developed in order to support the government’s Hierarchical Medical System policy, improve patient referral services, and integrate individual healthcare networks to enable people to access their medical records in an easier way. To make a request for their records, patients can log in to a password-protected mobile app. The project involved over 100 clinics, which deploy blockchain technology to address major issues…

Hong Kong Extends Migrant Policy to Facilitate DLT and FinTech Professionals

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A new Hong Kong government initiative seeks to attract professionals in Distributed Ledger Technology (DLT) by simplifying the immigration policy, according to a press release published August 28. On Thursday, the government of Hong Kong published its first Talent List aimed at attracting “highly skilled” experts in 11 different fields, including fintech, DLT, and cyber security, from around the world. The move designates the government’s intention to “support Hong Kong’s development as a high value-added and diversified economy.” According to the press release, Hong Kong will facilitate successful applicants under…

EOS, Litecoin, Stellar Lumens, IOTA, Tron Technical Analysis

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As altcoins prices fluctuate, out trade plans continue to hold true. While we remain bullish on most coins as EOS, Tron, Litecoin and IOTA, the latter shows promise. It all has to do with on chain development and with Roman simulation prove that it’s possible for the tangle to reach consensus within seconds and process up-to 11,500 TPS, IOTA investors should be upbeat—and they are. Just finished a basic test of ~95.000 network simulations for our consensus theory. Confirmation time from few seconds up to few minutes depending on the…

The 12th-Largest Cryptocurrency Continues to Range Trade

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On Friday Aug 31, Tron (TRX) crept higher than the day before, but the momentum was already fading out by noon. The crypto is now trading at $0.0247, which is lower than early this week, says Dmitriy Gurkovskiy, chief analyst at RoboForex. Technically, the overall long-term trend is still descending, and it will be this way until the price breaks out the major channel resistance. Meanwhile, in the short-term, a correctional trend is forming on H3, with the target precisely at the descending channel resistance. The price is now testing…

Firefox to Block Cryptojacking Malware in New Browser Releases

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Firefox will block cryptojacking malware in future versions of its web browser, according to an announcement August 30. The move comes as part of an anti-tracking initiative expected to be implemented over the next few months. In the announcement, Firefox cites a study by browser extension Ghostery, stating that 55.4 percent of the total time required to load an average website is spent loading third party trackers. Future versions of Firefox will reportedly block such practices as cryptomining scripts that “silently mine cryptocurrencies” on users’ devices by default. By blocking…

Bitfi Closes Wallet Bounty Program, Removes ‘Unhackable’ From Branding

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Cryptocurrency hardware wallet manufacturer Bitfi has officially closed its bounty program, according to an August 30 tweet, in addition to removing the “unhackable” claim from the wallet’s marketing materials. In its statement, the company admitted “vulnerabilities,” and yet avoided speaking about multiple alleged hacks of the device. Bitfi also confessed to hiring a “Security Manager who is confirming vulnerabilities that have been identified by researchers.” The company expressed appreciation for “the work and effort of the researches,” stating that the bug bounty program was officially closed. Any further comments on…

Former Ripple CTO’s Blockchain Project Coil Enters Closed Beta

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Coil, a new company founded by Ripple’s former chief technology officer Stefan Thomas, has launched a closed beta. The project – which aims to allow web content creators to better monetize their work – was announced in May, when Thomas departed Ripple. In an interview, Thomas detailed the closed beta, describing the initiative as a way to level the playing field for content creators. “If you’re big you can have a subscription service like Netflix or Spotify. If you’re big you can collect enough data about people to make a…