Once these devices have been deployed into the consumer marketplace it stands to reason that Bitcoin liquidity would increase. ● Gossip update proposal: Rusty Russell made a short proposal to update the gossip protocol that LN nodes use to announce what channels they have available for routing payments and what capabilities those channels currently support. ● Encoded descriptors: Chris Belcher asked for feedback from the Bitcoin-Dev mailing list about base64 encoding output script descriptors so that they’re easier to copy and paste (and also so that regular users aren’t exposed to their code-like syntax). Users have essentially moved to a new blockchain and left the old one behind. For example, one might have a contract for a non-profit organization that contains a currency balance, with a rule that the funds can be withdrawn or spent if 67 of the organization’s members agree on the amount and destination to send. It imposes trade-offs that many users might never accept. Users that deposit coins generally surrender their coin-based network voting rights to the exchanges themselves. As shown in the above screenshot, users can simply click on "Deposit", "Withdrawal", "Credit Card" etc. to perform the respective action. According to Scaife, well-designed ransomware can be unbreakab
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Yes, a lot of people in the community falsely believe that this can be a "one-off thing." That we can just violate Ethereum's long-term value proposition "a little bit," and we’ll be fine. You can still suggest your own faucets to us but as said only the faucets that pay more than 100 satoshi will be reviewed. Bitcoin Magazine reached out to arvicco to learn more of his intentions. At this point, exchanges would simply become deputized - just as banks are today - into carrying out state policy, which could well extend to controlling public blockchains at the protocol layer. But we would argue that even though the naive analysis suggests that exchanges should, as a group, support and foster the growth of PoS while marginalizing PoW, this is unwise in the long run. Unless you are eager to be deputized into a hall monitor for the new financial system, it is best to repudiate the influence that helming a PoS network would grant you. There are already examples of exchanges being used to influence PoS networks, as occurred when Justin Sun colluded with Binance, Huobi and youtu.be Poloniex to commandeer the Steem netw
The combination of PoS and large quantities of coins held in regulated exchanges or banks is one that is very conducive to the state reasserting control over these nominally-decentralized systems. PoS networks explicitly grant control and discretion to the largest stakeholders, so at this point, the jig would be up. So, the exchange CEOs that lionize purportedly ecological PoS and dismiss the merits of PoW should be careful what they wish for. Imagine a similar movement today, except taking place on one of the larger PoS networks. It may seem appealing on a surface level to control consensus from the seat of a large custodial exchange, but it is a power that is best spurned in the first place. Public blockchains exist to eliminate centralized points of control and to remove the political constraints that are inherent in traditional finance. SWIFT, to a world of stablecoins, MetaMasks and Layer 2 protocols, the state will have to develop new ways to control financial flows. The exchange becomes a gigantic honeypot for the state - a state which will not surrender its power of sanctions eas
While Ethereum Classic to many seems to be a bit of a joke, intended to make a point, the project has been gaining some traction, with a small-but-growing user-base on Reddit and Slack, and with the decentralized exchange Bitsquare offering its token - classic ether - as a trading option. Mike Schmidt: You mentioned in your outline of the current way that closing is done that there was a tweak to make it down to one-and-a-half rounds of exchange, I believe. Nowadays most of the companies are registering to make use of Bitcoin for payment processing because there are no charges for monetary transactions. Between ourselves we have all necessary skills to make the transition from Ethereum to Ethereum Classic happen. As we transition from a world where the U.S. Already, the U.S. financial policy establishment is demanding that stablecoins obtain federal bank charters, which would bring issuers directly under the aegis of the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC) and the Federal Reserve. The exchanges, currently loosely regulated in the U.S.