Gigablock Testnet Initiative Under Way – How Large Can Blocks Be?

Bitcoin Unlimited, nChain, and the University of British Columbia (UBC) have teamed up to bootstrap the Gigablock Testnet Initiative. The goal of the initiative is to determine how large blocks bitcoin can handle, and to analyze the bottlenecks that may impede bitcoin’s scalability.  According to a Bitcoin Forum post, the team has 4 main objectives with this project. They want to “setup and maintain a testnet network capable of supporting blocks up to 1 GB in size and sustained Visa-level transaction throughput (3,000 TPS).” They want to be able to experiment deeply with on-chain scaling to test its feasibility. They also hope to discover bottlenecks that affect scaling and then disseminate what they learn to the ecosystem. Why Need a Gigablock Testnet? The group is undertaking this project to finally determine how well large blocks can perform under a heavy load of transaction throughput. They mentioned that currently — as a result of small block sizes — transaction times and fees have become too burdensome. This makes micro-transactions impractical. The Bitcoin Forum article elaborated: The Bitcoin... View All ...."Gigablock Testnet Initiative Under Way – How Large Can Blocks Be?"

Israeli Securities Authority Establish Committee to Consider ICO Regulations

The head of the Israeli Securities Authority (ISA) has announced the establishment of a committee tasked with assessing the need for ICO regulations in Israel. The committee has been assigned to determine whether or not initial coin offerings fall under the purview of securities legislation.   The New ISA Committee Has Been Tasked With Assessing If ICOs Should Fall Under the Legislative Apparatus Governing Securities Trading in Israel The new ISA committee is expected to submit its assessments regarding ICO regulations by December 31st, 2017. The committee is to be headed by the head of the ISA’s Corporate Department, Moti Yamin, and ISA chief economist, Dr. Gitit Gur-Gershgoren. The committee is reported to have been tasked with five specific directives – “1. Evaluate the financial essence of ICOs and whether it overlaps with other financial activity under Israeli law; 2. Make a comparative analysis of cryptocurrency regulations in various countries to evaluate the legitimacy of Bitcoin; 3. Examine if cryptocurrency trading and ICOs should be watched by the ISA; 4. Devise a... View All ...."Israeli Securities Authority Establish Committee to Consider ICO Regulations"

Fork Wars: Segwit Lock-In and Communication Breakdown

Segregated Witness has officially locked-in and bitcoin’s price is currently coasting along at $3430. Even though Bitcoin market prices have rallied to new all time highs after the August 1 hard fork, both Bitcoin and the newly formed network, Bitcoin Cash still have some uncertain futures ahead.   Bitcoin Cash Pushes Forward as Network Strengthens The hard fork happened, and the Bitcoin network split into two different blockchains that share a previous history. The Bitcoin Cash (BCH) network has survived an entire week, with five mining pools dedicating hashpower towards this alternative chain. Currently, the Bitcoin blockchain is still 899 blocks ahead of the new BCH chain, and it’s also 54 percent more profitable to mine BTC than BCH. However, this will change on August 8 as Bitcoin’s difficulty is going to increase approx. 7 percent while the BCH chain has been lowered to 17 percent of BTC’s current difficulty. At the moment there have been 240 BCH blocks mined since the blockchain split and an ‘unknown miner’ has processed more than... View All ...."Fork Wars: Segwit Lock-In and Communication Breakdown"

Best or High Paying Online Jobs 2018

Here, is the list of best paying online jobs in 2018 suitable for College students, housewives, and part-time job seekers. This article has been written after a long research over the internet and we have shared some of our real-time experience here. All these methods will help you to make at least some decent second income at the end of every month by working part-time. Table of Contents 1. Get Paid to Click Ads 2. Get Paid for Surveys 3. Make money from blogging 4. Start Making money from SFI Affiliate marketing 5. Earn by visiting websites in Easyhits4U 6. Get Paid in Swagbucks 7. Get Paid to read articles 8. Work and earn from Bitcoins 9. Work as a Freelancer 10. Affiliate Marketing 11. Online Captcha Solving 12. Doing Micro jobs 13. Become a content writer 14.Earn money from YouTube 15. Online Tutoring 16. Get paid to play Games 17. Become a Part-time Seller 18. Online Consultant 19. Event planner 20. Complete Gigs on Fiverr   1.) Get Paid to Click… View All ….“Best or High Paying Online Jobs 2018”

A to Z Affiliate Marketing Tips and Techniques for Beginners – Especially Nepali Affiliate Marketers or Bloggers

While talking with many Nepali bloggers, I discover that must of them are still unknown about an Affiliate marketing. Blogger in Nepal is only familiar with the Google AdSense and its alternatives. They think google Adsense is only a way to earn money online from their blog. But according to me, it is totally wrong. You can earn very high revenue from affiliate marketing than the google Adsense only if you have detailed information about affiliate marketing. In this tutorial, you will learn A – Z information about affiliate marketing, how it works, how to increase affiliate revenue and so on. A to Z Affiliate Marketing Tips and Techniques for Beginners – Especially Nepali Affiliate Marketers or Bloggers 1. What Is Affiliate Marketing? For me, Affiliate marketing is a source for making money online without any investment. Many bloggers in the world are now paying more attention towards an affiliate marketing. You know? You don’t need websites or blog to join some affiliate networks. Isn’t it very interesting? 2. How Does It Work? After joining an affiliate network, login into… View All ….“A to Z Affiliate Marketing Tips and Techniques for Beginners – Especially Nepali Affiliate Marketers or Bloggers”

CME Group Announces Launch of Bitcoin Futures

CME Group, the world’s leading and most diverse derivatives marketplace, today announced it intends to launch bitcoin futures in the fourth quarter of 2017, pending all relevant regulatory review periods. The new contract will be cash-settled, based on the CME CF Bitcoin Reference Rate (BRR) which serves as a once-a-day reference rate of the U.S. dollar price of bitcoin.  Bitcoin futures will be listed on and subject to the rules of CME. “Given increasing client interest in the evolving cryptocurrency markets, we have decided to introduce a bitcoin futures contract,” said Terry Duffy, CME Group Chairman and Chief Executive Officer.  “As the world’s largest regulated FX marketplace, CME Group is the natural home for this new vehicle that will provide investors with transparency, price discovery and risk transfer capabilities.” Since November 2016, CME Group and Crypto Facilities Ltd. have calculated and published the BRR, which aggregates the trade flow of major bitcoin spot exchanges during a calculation window into the U.S. Dollar price of one bitcoin as of 4:00 p.m. London time. The BRR is designed around the IOSCO… View All ….“CME Group Announces Launch of Bitcoin Futures”