A Beginners Guide to Claiming Your Bitcoin Gold and Selling It
This is a re-write of A Beginners Guide to Claiming Your Bitcoin Cash and Selling It. Please note Everything in this article is just advice based on our best understanding of the current situation.Bitcoin Gold also referred to as Bgold, and trading under the ticker BTG launched November 12, 2017. Since the Bitcoin blockchain technically forked on Bitcoin block 491407, anyone who held bitcoin BTC on October 24, 2017 should have an equivalent amount of BTG attributed to their Bitcoin private keSource: http://cryptscout.com/news-portal/?id=20&ref=2024&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
The Lightning Network Now Supports Transactions Across Blockchains
Although still in testing phase,thelightning network can now be used to send transactions across different blockchains. The Lightning Labs development team successfully swapped testnet bitcoin for testnet litecoin through a lightning channel this week ownership of the coins changed hands, while no transaction was recorded on either blockchain.Previous atomic swaps that I have done were on-chain, and had the on-chain limitations of slow transactions and high transaction fees, Litecoin creatorSource: http://cryptscout.com/news-portal/?id=20&ref=2023&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Bitcoin Price Analysis BTC Pushes All-time Highs and Tests Historic Resistance
Throughout the life of bitcoins two-year bull run, it has been confined within two macro trends one parabolic and one linear both on a logarithmic scaleFigure 1 BTC-USD, 1-Day Candles, Macro TrendThe parabolic envelope black curves has confined the entire bull run throughout the last two years. Over the weekend, we saw a test of the lower curve that proved to be proper support and propelled the market into a bounce that now has the market testing the upper linear trendline purple lines at thSource: http://cryptscout.com/news-portal/?id=20&ref=2022&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Russian cybercrime mastermind accused of $4bn bitcoin fraud
Greece's Supreme Court on Wednesday 15 November postponed until December an extradition hearing for Russian cybercrime suspect Alexander Vinnik.Source: http://cryptscout.com/news-portal/?id=17&ref=493&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Zen Protocol Advances Smart Contracts for Financial Services
Shunry Suzuki, the St Zen monk and teacher who helped popularize Zen Buddhism in the United States, once remarked that, In the beginner's mind there are many possibilities, but in the expert's there are few.In many ways, this aphorism captures the entrepreneurial tenor of todays emerging world of blockchain technology, as startup companies seek to address critical issues facing the distributed ledger space.Many would agree that todays financial systems are fraught with centralizatioSource: http://cryptscout.com/news-portal/?id=20&ref=2021&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
New Semi-Decentralized Cryptocurrency Exchange Navigates Murky Compliance Waters
Tetra, a new entrant in the cryptocurrency exchange sector, describes itself as a semi-decentralized, peer-to-peer exchange with an emphasis on security and usability Tetra will help create the next wave of cryptocoin adoption which will benefit all cryptocurrency users from investors to traders to businesses.The term peer-to-peer exchange tends to suggest the idea of a strong emphasis on privacy and anonymity, as well as a certain level of disdain for Know-Your-Customer KYC rules, meddling rSource: http://cryptscout.com/news-portal/?id=20&ref=2020&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
MadHives Mission to Restore Transparency and Fairness to Advertising
Digital technology should make the advertising business more efficient. But it has not at least not from the perspective of companies that place ads or the content publishers who sell ad space to them. Laden with middlemen and clouded by convoluted, proprietary ad placement platforms, the modern digital advertising industry faces serious challenges.New Yorkbased MadHive is on a mission to solve them. Using blockchain technology and smart contracts, MadHive is constructing an ad tech platformSource: http://cryptscout.com/news-portal/?id=20&ref=2019&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Cybersecurity legend John McAfee partners with Hacken to chase new cryptocurrency
Anti-virus pioneer John McAfee has signed a partnership with Hacken, an Eastern European cybersecurity start-up built upon a new form of cryptocurrency, IBTimes UK can reveal.Source: http://cryptscout.com/news-portal/?id=17&ref=492&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Kaspersky Lab and Parity Technologies Launch Blockchain-Based Voting System
Cybersecurity company Kaspersky Lab unveiled Polys, a secure online voting system based on blockchain technology and backed with transparent crypto algorithms, at the companys annual Cybersecurity Weekend event in Dublin.Online voting imposes extremely stringent requirements on the security of every aspect of voting, notes the Polys website. We believe that the blockchain technology is the missing link in the architecture of a viable online voting system.In our Kaspersky Lab Business IncubatoSource: http://cryptscout.com/news-portal/?id=20&ref=2018&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Bitcoin Gold Launches on November 12
After weeks of preparation,Bitcoin Gold Bgold BTG is finally launching tomorrow, November 12, 2017.Bitcoin Gold is the second project to fork away from the Bitcoin blockchain to create a new coin this year on August 1, Bitcoin Cash Bcash was the first. Where Bcash attempted to offer an on-chain scaling solution by increasing Bitcoins block size limit while removing the Segregated Witness code, Bgold is an attempt to counter Bitcoins mining centralization.The most important difference betweenSource: http://cryptscout.com/news-portal/?id=20&ref=2017&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Bitcoin Gold Launches Tomorrow
After weeks of preparation,Bitcoin Gold Bgold BTG is finally launching tomorrow, November 12, 2017.Bitcoin Gold is the second project to fork away from the Bitcoin blockchain to create a new coin this year on August 1, Bitcoin Cash Bcash was the first. Where Bcash attempted to offer an on-chain scaling solution by increasing Bitcoins block size limit while removing the Segregated Witness code, Bgold is an attempt to counter Bitcoins mining centralization.The most important difference betweenSource: http://cryptscout.com/news-portal/?id=20&ref=2016&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
NO2X Hard Fork Suspended Due to Lack of Consensus
The post NO2X Hard Fork Suspended Due to Lack of Consensus appeared first on Bitcoin Magazine.Source: http://cryptscout.com/news-portal/?id=20&ref=2015&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Bitcoin Price Analysis Market Correction Could See Lows of $5,800
In our last discussion of the bitcoin market, an emphasis was placed on the $7,000 support level because it represented a historic point of interest and it showed strong signs of support a break of which would ultimately prove to have a strong downward move following afterward.Bitcoin has since broken the $7,000 support level. It then took an immediate $500$600 move downward and has, thus far, shown little interest in bouncing upward. Taking the whole move into view, we can see quite clearlySource: http://cryptscout.com/news-portal/?id=20&ref=2014&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
De-briefing Ethereums Parity Predicament Whats Next
After an unidentified actor accidentally triggered a series of bugs that destroyed approximately $150 million worth of digital currency, the world waits for a substantive answer is this vulnerability an anomaly An I told you so Or a humbling opportunity to secure the Ethereum networkWhat HappenedOn November 6, Devops199, an alleged amateur programmer, set off a chain of bugs on Parity, a popular digital wallet for Ethereum. These bugs affected multisignature, or multisig, accounts wallets tSource: http://cryptscout.com/news-portal/?id=20&ref=2013&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Giga Watt Partnership Boosts Crowd-Gaming Ecosystem
Located in the State of Washington northeast of Grand Coulee Dam, the nations largest producer of hydroelectric power, Giga Watt is continuing its steady ascent into one of the top crypto mining operations in the world.Recently, Giga Watt announced a partnership with the decentralized cloud gaming platform, Playkey. The partnership will employ Giga Watts powerful computing infrastructure to expand Playkeys cloud gaming ecosystem.The Playkey model uses both individual miners, including gamersSource: http://cryptscout.com/news-portal/?id=20&ref=2012&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Guest Post Understanding the Limits and Potential of Blockchain Technology
The promise of blockchain technology is coming to the forefront and capturing the imaginations of investors, entrepreneurs and innovators alike. But what many people do not know is how perilous the blockchain journey ahead still is. We live in a world of smoke and mirrors enterprise investors must do their due diligence in navigating these choppy waters making the right investments in the right blockchain technologies to unlock that promised potential. To make the correct investments, we neeSource: http://cryptscout.com/news-portal/?id=20&ref=2011&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
NO2X Next Weeks Hard Fork Has Been Suspended Due to a Lack of Consensus
There will almost certainly be no Bitcoin hard fork next week the main organizers behind the SegWit2x project have suspended their efforts.In an email to the SegWit2x mailing list, one of the main organizers behind the project, BitGo CEO Mike Belshe, explained that the proposed hard fork has not been able to gain sufficient consensus to proceedAlthough we strongly believe in the need for a larger blocksize, there is something we believe is even more important keeping the community together. USource: http://cryptscout.com/news-portal/?id=20&ref=2010&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
What's going on with Ethereum $280m in cryptocurrency 'lost' amid security scare
Approximately $280m worth of the cryptocurrency Ethereum has been frozen in time and potentially lost forever after a critical bug was accidentally triggered.Source: http://cryptscout.com/news-portal/?id=17&ref=491&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Scaling Bitcoin 2017 Science Is Central in Stanford and the Politics Ignored
Stanford University hosted the fourth edition of the Scaling Bitcoin conference over the weekend of November 45 Scaling Bitcoin 2017 Scaling the Edge.The annual conference, sometimes referred to as a workshop, has in its short history grown into somewhat of an institute within the Bitcoin space. It aims to be the main stage for Bitcoins technical and academic communities, with little room for commercial interests and perhaps even less for the scaling drama that has grown to be the norm onlinSource: http://cryptscout.com/news-portal/?id=20&ref=2009&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Bitcoin Price Analysis Bitcoins All-Time High Tests a Historic Reversal Point
For months on end, BTC-USD had a strong bullish rally that has been well confined between both a linear ascending channel and on a macro scale a parabolic curveFigure 1 BTC-USD, 1-Day Candles, Linear and Parabolic TrendlinesAfter a very strong, bullish rally, bitcoin managed to settle on a new all-time high in the $7,500s. This price peak bounced right off the upper linear ascending trendline shown in Figure 1. Historically, every time bitcoin has touched the upper ascending trendline, the maSource: http://cryptscout.com/news-portal/?id=20&ref=2008&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
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