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Ethereum Fork Coinbase 2018

Coinbase Bug Made It Possible To Reward Yourself With Unlimited Ethereum

Coinbase Bug Made It Possible To Reward Yourself With Unlimited Ethereum

Coinbase bug made it possible to reward yourself with unlimited Ethereum You might have missed a one-off opportunity to become a cryptocurrency multi-billionaire. It appears popular exchange desk Coinbase suffered from a flaw in its Ethereum smart contract setup, which made it possible to reward yourself with a virtually infinite sum of ETH, according to newly surfaced vulnerability report . The jarring vulnerability was discovered by Dutch fintech firm VI Company, which reported the issue to Coinbase back in late December last year. The exchange desk fixed the issue a month later in January and has since rewarded the Dutch company with a $10,000 bounty. By using a smart contract to distribute [ETH] over a set of wallets you can manipulate the account balance of your Coinbase account, the researchers wrote in a HackerOne report submitted to the exchange desk. If [one] wallets transaction in the smart contract fails all transactions before that will be reversed, VI Company explained. But on Coinbase these transactions will not be reversed, meaning a person could add as much Ethereum to their balance as they want. This practically meant that anyone could have abused this glitch to credit their wallets with infinite amounts of Ethereum. The researchers have provided screenshots proving they were able to successfully exploit the glitch. They have also linked to the faulty transaction on Etherscan . VI Company has also since detailed the steps it took to exploit the bug: Setup a smart contract with a few valid Coinbase wallets and [one] final faulty wallet Transfer appropriate funds to smart contract Execute smart contract adding the set amount of ether to the Coinbase wallets without ever actually leaving the smart contract wallet because the complete transaction fails at Continue reading >>

Upcoming Bitcoin Forks 2017 2018

Upcoming Bitcoin Forks 2017 2018

The content of this website is provided for informational purposes only and cant be used as investment advice, legal advice, tax advice, medical advice, advice on operating heavy machinery, etc. Our site is not officially associated with any brand or government entity. Any mention of a brand or other trademarked entity is for the purposes of education, entertainment, or parody. Neither CryptocurrencyFacts.com nor its parent companies accept responsibility for any loss, damage, or inconvenience caused as a result of reliance on information published on, or linked to, from CryptocurrencyFacts.com. In other words, this is a website on the internet offering free information about cryptocurrency, this is not your accountant, lawyer, or fiduciary offering you professional tax, legal, or investment advice. Your Guide to Upcoming Bitcoin Forks December 2017 January 2018 (and Beyond) The following Bitcoin forks have been announced (although not every one is confirmed as legit). They are Super Bitcoin, Bitcoin Platinum, Bitcoin Cash Plus, Bitcoin Silver, Bitcoin Uranium, and Bitcoin God. We will update the list as more occur, for now this is your guide to Bitcoin forks from December 2017 January 2018. To be clear, this is not a joke (and further that does say God and not Gold, there are no typos above). These Bitcoin forks could end up not being real, but as far as we know at this point, they are real[see notes below for specifics on each coin, so far Bitcoin Platinum is rumored to be fake]. In other words, over the next month or so (December January) there will potentially be as many as six Bitcoin forks.That means Bitcoin holders could get free coins six times (or if all turn out to be fake, zero times). Each fork occurs at a block number (AKA block height) . Thus, below we wi Continue reading >>

Ethereum ($eth) - Etherzero Hard Fork - Coin Calendar

Ethereum ($eth) - Etherzero Hard Fork - Coin Calendar

Fork height: 4936270 - Block time: Jan 19th 2018 GMT 19:00-21:00 Fork height: 4936270 Block time: Jan 19th 2018 GMT 19:00-21:00 I have my ETH on a Nano s, so how do I collect the ETZ tokens? Amazingly there appears to be little info available on this. Hello ! if I have eth in Jaxx wllet, its ok to get ETZ. do I have to do something else or will they automatically enter? If I bought the ETZ, the ones I bought the spoils went in automatically? How much ETZ will I get for an ETH. Thanks in advance Hello ! if I have eth in Jaxx wllet, its ok to get ETZ. Do I have to do something else or will they automatically enter? If I bought the ETZ, the ones I bought the spoils went in automatically? How much ETZ will I get for an ETH. Thanks in advance You need to have the ETH on a personal wallet (Ledger Nano, Trezor, KeepKey, MyEtherWallet etc.) otherwise the exchange will receive the ETZ. You can do this temporary and then receive the ETZ on the ETZ blockchain/or wallet. Also dont keep your crypto on an exchange for a long period of time. First of all, no white paper (link says coming soon, been like that forever). Why are you buying something you have no clue. Second of all, its unclear if this is an ICO with new tokens being issued (there is a link to buy into it) or if its a fork (you get ethzero for eth 1:1) or both. If its both, then people buying in get 200 ethzero for 1 eth. People not buying in get 1:1 for their eth. 200 times more for buying it? Smells like scam. Buying in was to enforce support to integrate the ETZ to exchanges. Exchanges ask money and tokens to be placed. Therefor funds need to be collected. So far 500k has been raised. There are no new tokens since its just a copy of the ETH blockchain, so on the new blockchain the main token is ETZ instead of ETH. How Continue reading >>

Ethereum Classic (etc) At $75 By Q1, As New Excitement Coming Next Month

Ethereum Classic (etc) At $75 By Q1, As New Excitement Coming Next Month

Ethereum Classic (ETC) At $75 By Q1, As New Excitement Coming Next Month For crypto enthusiasts who have stayed a while in the crypto space, the conflict between Ethereum and its native cryptocurrency Ethereum Classic (ETC) is by no means a new phenomenon. Although the two coins are practically related, they share a couple of differences that make each of them unique. From the DAO attack that led to the hard fork that saw the advent of Ethereum (also known as the new Ethereum) those who refused to move to the new platform might have been frowned upon but not anymore as experts predict a spike in ECLs price. For the uninitiated, Ethereum Classic is actually the original Ethereum Blockchain. Although it was abandoned by a majority of the Ethereum community after the DAO attack of 2016, it still retains the original immutable Blockchain code of Ethereum. Basically, at the time of the introduction of Ethereum, the crypto space was all about enabling financial freedom and eliminating corruption. As a result, the Blockchain was made immutable in an effort to protect it against human whims. But events after the DAO attack that saw about 50 million worth of Ethereums DAO tokens get stolen put a rift in the community with some supporting a hard fork to solve the vulnerabilities in the Blockchain while others resolving to stick with the original Blockchain. The DAO tokens have since been recovered, however, the rift between the two communities has grown wider over the years. Ethereum classic (ETC) is touted as the decentralized immutable and unstoppable alternative to Ethereum. Simply put, it is a continuation of the original Ethereum Blockchain that preserves the unhampered principles of Ethereum which are run on programmed smart contracts with zero downtime fraud, third party Continue reading >>

Dogecoin Hard Forks To Dogethereum Later In 2018

Dogecoin Hard Forks To Dogethereum Later In 2018

News that Dogecoin had become a test asset for Ethereums inter-coin Rinkeby testnet has sparked a project aiming to hard fork it later this year. Dogethereum (DOGX), which shares its name with the Rinkeby project known as Dogethereum Bridge , is looking to branch off from the Dogecoin chain in fall. This would constitute Dogecoins first ever hard fork. Dogethereum is new decentralized digital currency, it will be founded on snapshot of popular Dogecoin, based on ETH algorithm with fastest speed of transactions, smart contracts, developers describe on Bitcointalk Monday. Our goal it to push Doge currencies to the brand new direction, with no ASIC mining, speed and simplicity. Dogethereum Bridge came about as part of Ethereums truebit technology a plan to help the largest altcoin scale to meet user demand. On February 5, engineers managed to send DOGE to Rinkeby, marking a major step in cryptocurrency interoperation and sparking renewed interest in the altcoin many assumed was simply a meme in cryptocurrency form. CryptoKaiser (@iz_me_alex) February 19, 2018 The hard fork project appears to want to capitalize on the truebit achievement meanwhile, with Bitcointalk suggesting smart contracts would drive price performance. There are no any ICOs, premines or other manipulations, the announcement on the forum continues. [] Project starts free for all, easy for initial GPU mining and making good profits. Price of DOGX tokens may become even higher when full power of smart contracts will be unleashed. Controversy around hard forks of popular cryptocurrencies nonetheless remains palpable in the wake of the recently-announced Litecoin Cash. Promising enhanced user experience and SegWit support from the outset, Litecoin creator Charlie Lee was quick to reiterate that any fork of t Continue reading >>

Bitcoins New Hard Fork Bitcoin Atom (bca) Is Taking Place Today

Bitcoins New Hard Fork Bitcoin Atom (bca) Is Taking Place Today

Yet another hard fork in the Bitcoin blockchain will be giving birth to a new Bitcoin derivative named Bitcoin Atom (BCA) . The Bitcoin Atom (BCA) fork is coming up quickly, at Bitcoin block #505 888, estimated to occur on January 25, 2018. At the press time, the hard fork will probably go through in the next2-3hours as the existing data according to Block Explorer shows it to have reached the block number 505870. Bitcoin Atom (BCA) is a SegWit-enabled Bitcoin hard fork, which is expected to address several of Bitcoins scalability issues. Also it will be hosting features like atomic swaps which allows users to instantly exchange tokens at minimal cost without the need of centralized exchanges or any other intermediaries. For very instant and cheap transactions, the project also aims to integrate Lightning Swaps (LS). This means that Bitcoin Atom will be seen implementing both on-chain and off-chain mechanisms to solve the dual problems of cost and speed. The leader of the team, who prefers to remain anonymous said: Centralization is less obvious but the problem with the main transfer of value in the crypto world,is exchanges. Centralized exchanges can be hacked or disappear or shut down by the regulators, and decentralized exchanges such as Etherdelta dont trade bitcoin and only trade ERC-20 tokens. Even at that, they can get hacked. In addition to handling issues connected with speed and cost of transactions, Bitcoin Atom will also be using a hybrid consensus model by combining Proof of Stake (POS) and Proof of Work (POW). These two are different types of algorithms to arrive at a consensus, or agreement, to determine whether a transaction is valid or not before being added to the blockchain. Bringing of the hybrid model in work is expected to decrease network threat Continue reading >>

Etherzero Team Cancels Plans To Hard Fork Ethereum

Etherzero Team Cancels Plans To Hard Fork Ethereum

In the world of cryptocurrency, hard forks are seemingly the new altcoins. More specifically, a lot of developers want to hard fork existing currencies rather than build their own coins from scratch. In the case of Ethereum, one of those hard forkswas known as EtherZero. However, this fork has been canceled due to a lack of community support and big trading platforms. Its a very interesting decision, although few people will mind that the fork will not happen after all. It is evident that Bitcoinwas subject to quite a few hard fork attempts in 2017. Bitcoin Cash and Bitcoin Gold are perhaps the most notorious ones, even though Bitcoin Gold is very different from both Bitcoinand Bitcoin Cash. It is evident that this way of creating currencies will affect altcoins in the future as well. While the concept of taking existing code and turning it into anew project is not uncommon, it seems developers are far too keen on creating hard forks and airdrops right now. Thats not a favorable course of action by any means, as most of these hard forks serve no purpose whatsoever. The first altcoin to have receivedsuch hard forks/airdrops is Ethereum. Given Ethereums position in the world of cryptocurrency, that is not entirely surprising. It is evident that people like whatthis project has to offer andwish to make a quick buck from introducing so-called hard forks. Moving away from the original codebase for no apparent reason usually means the new fork is just a money grab which serves no real purpose. This is very different from how Ethereum Classic was created, as this currency exists due to ideological differences between parts of the Ethereum community regarding the bailout of The DAO. The first major Ethereum hard fork which was set to occur in 2018 is EtherZero . Although most Continue reading >>

2018 Recent And Upcoming Bitcoin Hard Forks: What You Need To Know

2018 Recent And Upcoming Bitcoin Hard Forks: What You Need To Know

2018 Recent and Upcoming Bitcoin Hard Forks: What You Need to Know If you thought Bitcoin Cash , Bitcoin Gold , and Bitcoin Diamond were excessive, weve got a surprise for you: Bitcoin has 7 forks lined up going into the new year. Thats rightsix shiny new mints bearing Bitcoins name. Super Bitcoin, Lightning Bitcoin, Bitcoin God (no joke) Bitcoin Uranium, Bitcoin Cash Plus, Bitcoin Silver, and Bitcoin Atom are slated to launch throughout the holidays and going into the New Year. This will double the number of forked currencies within the a couple of months, leaving the market with 8 total Bitcoin derivatives to choose from. For those that dont know, a hard fork is a method for developers to update and alter Bitcoins software. Once Bitcoin reaches a certain block height, miners switch from Bitcoins core software to the forks version. After this split, miners begin mining the new currencys blocks, creating a new chain entirely and a currency to go with it. Bitcoin Cash was the first hard fork to occur on Bitcoins blockchain, followed by Bitcoin Gold and Bitcoin Diamond. As you can probably imagine, hard forks have become a hot topic within the crypto community. Many believe that they are necessary for improving the network and solving Bitcoins scalability issue, as with Bitcoin Cash. Others have criticized them as money making schemes, as anyone holding Bitcoin at the time of a fork receives an equal share of the new currency. Whether you love em or hate em, its important to understand what each fork is and what it wants to accomplish, and given the number coming up, theres a lot of information to digest. Thats why we compiled info on each fork into these manageable chunks, to make that research a bit easier to swallow. Time to dig in. The first of our new forks, Super B Continue reading >>

Should You Leave Coinbase? Some Bitcoiners Say Yes

Should You Leave Coinbase? Some Bitcoiners Say Yes

Should You Leave Coinbase? Some Bitcoiners Say Yes By Joe Liebkind | Updated February 16, 2018 10:20 AM EST Bitcoin was originally conceived as a decentralized form of currency and a way to reduce the need for trust in transactions.However, as Haseeb Qureshi eloquentlysaid, The key innovation of cryptocurrencies is that they decentralize trust.They do not eliminate it. Trust extends well past the coin itself, and the young cryptocurrency environment is fraught with many challenges that complicate the issue. Foremost amongthese thorny issues is the role that exchanges play in the process.For thosewho are actively buying, selling, and speculating in cryptocurrency, trust is paramount.However, high-profile hacks and frequent exchange outages make thisa difficult task, so much so that some of the biggest names in crypto face a huge credibility problem. Coinbase, one of the largest wallet and exchange platforms for cryptocurrency, currently finds itself in the eye of storm. On February 15, 2018, Coinbase confirmed in a statement on their Medium blog that it had massively overcharged the accounts of some users after complaints began to pour in on Reddit, Twitter, and other online forums. The platform said the issue was related to a recent change in the way credit cards code purchases of digital currency andthat all accidental charges would be refunded. Coinbase faced the same issue in May of 2016. Recent events like these,combined with the relative infancy of this new trading paradigm,have quickly soured sentiment amongmany bitcoin loyalists. Although a popular destination for newer entrants and investors, the more tightly knit community of active traders is spurning the brand after several more notable debacles. Apart from a recently opened investigation into insider tradin Continue reading >>

Etherzero - A Revolutionary Ethereum Hard Fork, Forking On 19th Jan 2018 - The Bitcoin News

Etherzero - A Revolutionary Ethereum Hard Fork, Forking On 19th Jan 2018 - The Bitcoin News

EtherZero is coming back, dont miss the chance to join us this time! The new Ethereum hard forkEtherZero was cancelled for a short time. However we are coming back with the support and favor by lots of EtherZero fans! EtherZero wish to become the most successful Ethereum hard fork that the history has ever had. So now lets find out together what the EtherZero really is and what on earth outstanding charateristics they have: Allocation: Total supply is about 116 million ETZ Reserve 20 million ETZ for subsequent development Newly increased: about 6 million ETZ per year (about 5% inflation and declining year by year) Currently EtherZero team is made up by 20 people, these people are from different country, also we are cooperating with many famous DAPP development workshops from India and East Europe, most of our team member are professional DAPP developers, although we are not famous for now, the techniques are no questioning here. high scalability, Allow DAPP to be used by mainstream people You may be curious about the masternode sytem, here is a more specific explanation of it: Our idea is to improve and stabilize the market value of ETZ, and we are trying to get ETZs market value at 10% of the Ethereum in the short term. The masternode can benefit more cash users. We expect the initial access node to be 10 thousand ETZ, 45% of the rewards to the miners, 45% to the masternodes, and 10% to the self-governing communities. If EtherZero made its market value up to 10% of the Ethereum, the unit price would reach 70 US dollars theoretically. We welcome those who are interested to join EtherZero node system. Based on the DAPP in the Ethereum, the deployment of the ETZ chain can be completed after a few changes. The ETZ team will give a detailed technical change plan in the fut Continue reading >>

More Forking Forks In 2018?! (btcp, Btc, And Zcl Analysis)

More Forking Forks In 2018?! (btcp, Btc, And Zcl Analysis)

More Forking Forks in 2018?! (BTCP, BTC, and ZCL Analysis) Forked coins dominated the atmosphere in 2017, with the Ethereum we are all familiar with being a Fork of ETH Classic. Bitcoin had many forks in 2017; Bitcoin Cash , Bitcoin Gold , and Bitcoin God to name a few. The question persists is there any value to these forked coins? Yes. The most valuable fork of them all, in the authors opinion, is coming within thirty days; Bitcoin Private. To keep it simple there are two types of forks; a hard fork and a soft fork. A hard fork occurs when a blockchain splits into two new chains (incompatible with each other). These hard forks often result in a software upgrade or an expansion of the rules governing the blockchain. A soft fork occurs when there is a change of rules that creates blocks recognized as valid that would not have been previously. A user-activated soft (USAF) fork is controversial as it explores how to perform blockchain upgrades that are not supported by the networks original hashing power. The differences between a soft and hard fork enters into the technical side of the blockchain. The important part to understand is some forks result in new coins and other forks solely result in a change to the original structure of the coins blockchain. The upcoming fork occurring with Bitcoin (BTC) and ZClassic (ZCL) will result in Bitcoin Private (BTCP). A hard fork is when a single cryptocurrency splits in two (in some instances). It occurs when a cryptocurrencys existing code is changed, resulting in both old an old and new version. In some instances the old version becomes obsolete, so solely one coin remains. The case between BTC and ZCL is unique because they will be co-forked into BTCP . BTCP has been in discussion since early December when ZCL had a run from u Continue reading >>

Etherzero Hard Fork Coming January 19, 2018 What You Need To Know

Etherzero Hard Fork Coming January 19, 2018 What You Need To Know

A new fork of Ethereum, called Ether Zero , is on its way. It claims the potential to be the most successful Ethereum hard fork that history has ever had. Currently, the Ether Zero (ETZ) team consists of 20 people from India and East Europe. They claim to be unknown at the moment, but their techniques are no questioning here. On its webpage , ETZ is stated to be built daily using DAPPs with EtheZero Platform. EtheZero have all the deam features of all Dapp developers needed: 0 TX fee,instant pay and high scaling of thousands of TPS. Made by Dapp developers, for Dapp developers. Its main features include Instant payment, Zero Tx, High scalability and a Two layer network system. Its developers expect ETZ to have an initial capitalization of 10% of Ethereums current. This should give an Ether Zero the price of $70. Allocation: Total supply is about 116 million ETZ Reserve 20 million ETZ for subsequent development Newly increased: about 6 million ETZ per year (about 5% inflation and declining year by year) You can contact the ETZ team via these addresses: Continue reading >>

Five Predictions For Digital Currencies In 2018 Including Stomach-churning Drops, Bitcoin-related Ipo

Five Predictions For Digital Currencies In 2018 Including Stomach-churning Drops, Bitcoin-related Ipo

After the bitcoin craze rose to a near-fever pitch in the last several weeks of 2017, several investors and analysts in the space see more growing pains for cryptocurrencies this year. Here are five predictions for digital currencies, based on those interviews: 1. More institutions will get into cryptocurrencies. "Our institutional investor base is very interested in learning more and getting exposure," said Michael Graham, a Canaccord Genuity analyst who has published several reports on digital currencies. "One of our major themes is that as we roll out through 2018, it's the year of institutions getting exposure to the space." The number of institutional-level investment products related to bitcoin is increasing. In addition to the CME and Cboe bitcoin futures that launched in December, Cantor Fitzgerald and Nasdaq are planning their own derivatives products. Analysts also expect regulators will approve a bitcoin exchange-traded fund in the second half of this year, or in early 2019. "With the regulated futures markets going live in 2017, the stage is set for ETFs to gain approval in 2018," Nolan Bauerle, director of research at CoinDesk, said in an email. "In fact, the Cboe filed for 6 cryptocurrency ETFs at the end of 2017 which could go live in 2018. This would dramatically increase how institutional investors can get exposure." The U.S. Securities and Exchange Commission declined to comment. 2. There will be more regulation and bitcoin's price will drop. However, in the meantime, regulators will likely try to limit speculation in cryptocurrencies. In the last several months, the SEC has become increasingly vocal in warning investors about the risks of cryptocurrencies. The commission also has suspended trading in some companies due to concerns about their claims Continue reading >>

With The Fork Happening Soon, Is Coinbase An Ethereum Compatible Wallet To Hold Etherzero?

With The Fork Happening Soon, Is Coinbase An Ethereum Compatible Wallet To Hold Etherzero?

Answered Jan 21, 2018 Author has 460 answers and 2.6m answer views No I do not see this. However something could change to accommodate this. But it does not look good. While I think Bitcoin could rally to $24,000 in 2018, as I posted my thoughts [note : this is not financial advice Just my thoughts] There are risks that a major all out crash could come in BTC at any time. While I see ridiculous predictions on BTC and many other coins, lets not forget that Ethereum is going to be one to watch this year. As I am a blockchain consultant, and have studied this crypto for many years, here are my thoughts on ETH in 2018. 2018 might be a year other rival digital coins [alt coins] like ethereum could outperform. The CME and Cboe both launched bitcoin futures trading contracts last year. The move was seen as a way to get more institutional investors involved in the cryptocurrency market and legitimize it. But trading got off to a light start. So they are not trading it right now, just looking! ETH might soon see a listing on the CME exchange if all goes well with BTC futures! I am sure institutions will get on board over time, but it won't happen very quickly. My opinion is that in 2018, we could see more problems in BITCOIN, and coins like ethereum / ripple / litecoin might make a dash, and might outperform bitcoin this year. REMEMBER : Ethereum came after bitcoin, it has a more unified leadership than bitcoin, they seem to be a bit further along the way in regards to forming the solution to scaling issues. And you can see transactions on their side eclipses transactions across other cryptos. So this is what other people are not looking at right now, its an important aspect of what is going on in the crypto space right now. Ethereum, unlike bitcoin, has a core group of develop Continue reading >>

2018 To Have More Hard Forks Than Ever Before What To Expect

2018 To Have More Hard Forks Than Ever Before What To Expect

Depending on where you stand when it comes to potentially contentious hard forks, and also what currencies you hold, hard forks can be either a blessing or a curse. Anyone who held bitcoin in early 2017 ended up with an equal amount of bitcoin cash which has proven to be quite valuable. They would have also become holders of bitcoin gold , bitcoin diamond , bitcoin clashic, and several other bitcoin forks that occurred in 2017. While this may seem like free money, it can also potentially create an unwanted tax liability. With 2018 now upon us, there are already dozens of forks that are set to occur and create additional blockchain assets. Whether we want them or not. Some forks dont intend to create new currency, but instead are intended to resolve issues or to implement updates.One such update is the impending Ethereum Casper , which will transition Ethereum from purely proof of work to proof of stake. Another point of difficulty with hard forks is how are the newly created assets claimed by someone who owned equivalent assets on the original chain? This has caused a large amount of confusion, and has even resulted in the loss of assets due to people not understanding how to get their forked assets. For example, a not insignificant number of people were scammed for theirprivate keys when visiting a phishing site that claimed to allow them to check on the balance of, or get access to, their bitcoin gold. Therefore it is highly recommended that those wishing to access their forked assets do so in a manner that is in accordance with a well respected and recommended guide. They should also know that under no circumstances should they give out their private keys. Contentious Bitcoin Cash Fork. Image via Fotolia The superstar fork of 2017 was undoubtedly bitcoin cash . Prom Continue reading >>

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