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How Bitcoin Mining Works - Coindesk

How Bitcoin Mining Works - Coindesk

In traditional fiat money systems, governments simply print more money when they need to. But in bitcoin, money isn’t printed at all – it is discovered. Computers around the world ‘mine’ for coins by competing with each other. People are sending bitcoins to each other over the bitcoin network all the time, but unless someone keeps a record of all these transactions, no-one would be able to keep track of who had paid what. The bitcoin network deals with this by collecting all of the transactions made during a set period into a list, called a block. It’s the miners’ job to confirm those transactions, and write them into a general ledger. This general ledger is a long list of blocks, known as the 'blockchain'. It can be used to explore any transaction made between any bitcoin addresses, at any point on the network. Whenever a new block of transactions is created, it is added to the blockchain, creating an increasingly lengthy list of all the transactions that ever took place on the bitcoin network. A constantly updated copy of the block is given to everyone who participates, so that they know what is going on. But a general ledger has to be trusted, and all of this is held digitally. How can we be sure that the blockchain stays intact, and is never tampered with? This is where the miners come in. When a block of transactions is created, miners put it through a process. They take the information in the block, and apply a mathematical formula to it, turning it into something else. That something else is a far shorter, seemingly random sequence of letters and numbers known as a hash. This hash is stored along with the block, at the end of the blockchain at that point in time. Hashes have some interesting properties. It’s easy to produce a hash from a collection Continue reading >>

This Weeks Bitcoin Crash Was All About Fraud And Regulation

This Weeks Bitcoin Crash Was All About Fraud And Regulation

This weeks Bitcoin crash was all about fraud and regulation Cryptocurrencies have had a rough week: the value of bitcoin plunged to a mere 50 percent of its 2017 peak, and other currencies, such as Ethereum, Ripple, and Litecoin have seen double-digit losses compared to their heights from last year. Tuesday also witnessed the collapse of BitConnect, an anonymously operated crypto exchange that had been repeatedly accused of running a Ponzi scheme via its proprietary BCC currency. Taken together, these events may simply act as another reminder of the volatility of the cryptocurrency market, which saw bitcoin rise to a peak of $19,783 on December 17th. Bitcoin has gone through multiple crashes before: in spring 2011, in November 2013, and in January 2017. However, this current bubble comes against a new backdrop: a global tide of regulation against the inchoate cryptocurrency industry. On one hand, these regulations may be scaring bitcoin investors into selling their coins now before the full impact of regulation makes itself felt. On the other, it may also be threatening suspect exchanges such as BitConnect, with its own token declining in value by 46 percent between December 17th and January 15th the day before it announced its closure. The value of Bitcoin plunged to a mere 50 percent of its 2017 peak In the United States, regulation has reared its head in the form of the SEC. Last month, its newly formed Cyber Unit pressed charges for the first time against PlexCorps, which was accused of defrauding investors through a questionable initial coin offering, or ICO. Almost a week later, SEC chairman Jay Clayton issued a warning on cryptocurrencies to investors, hinting that the commission would begin monitoring the market more closely for any potential violations of secu Continue reading >>

Myetherwallet.com

Myetherwallet.com

Ledger / TREZOR / Digital Bitbox : Use your hardware wallet . Your device * is * your wallet. MetaMask Connect via your MetaMask Extension . So easy! Keys stay in MetaMask, not on a phishing site! Try it today. Jaxx / imToken Use your Mnemonic Phrase to access your account. Mist / Geth / Parity: Use your Keystore File (UTC / JSON) to access your account. **Do not lose it!** It cannot be recovered if you lose it. **Do not share it!** Your funds will be stolen if you use this file on a malicious/phishing site. **Make a backup!** Secure it like the millions of dollars it may one day be worth. **If you do not reveal your bid, you will not be refunded.** You will unlock your account, enter the Bid Amount, and the Secret Phrase. In the event that two parties bid exactly the same amount, the first bid revealed will win. Once the auction has ended (after 5 days / 120 hours), the winner needs to finalize the auction in order to claim their new name. The winner will be refunded the difference between their bid and the next-highest bid. If you are the only bidder, you will refunded all but 0.01 ETH. The auction for this registrar is a blind auction, and is described in EIP162 . Basically, no one can see *anything* during the auction. Be safe & secure: We highly recommend that you read our guide on How to Prevent Loss & Theft for some recommendations on how to be proactive about your security. Always backup your keys: MyEtherWallet.com & MyEtherWallet CX are not "web wallets". You do not create an account or give us your funds to hold onto. No data leaves your computer / your browser. We make it easy for you to create, save, and access your information and interact with the blockchain. We are not responsible for any loss: Ethereum, MyEtherWallet.com & MyEtherWallet CX, and some of Continue reading >>

Water Abundance Xprize Finalists Compete In Gathering Water From Thin Air

Water Abundance Xprize Finalists Compete In Gathering Water From Thin Air

Despite being a necessity for life, clean, drinkable water can be extremely hard to come by in some places where war has destroyed infrastructure or climate change has dried up rivers and aquifers. The Water Abundance XPRIZE is up for grabs to teams that can suck fresh water straight out of the air, and it just announced its five finalists. The requirements for the program are steep enough to sound almost like science fiction: the device must extract a minimum of 2,000 liters of water per day from the atmosphere using 100 percent renewable energy, at a cost of no more than 2 cents per liter. Is that even possible?! For a million bucks, people will try anything. But only five teams have made it to the finals, taking equal shares of a $250,000 milestone prize to further their work. There isnt a lot of technical info on them yet, but here they are, in alphabetical order: Hydro Harvest : This Australian team based out of the University of Newcastle is going back to basics, probably smart if you want to keep costs down. The team has worked together before on an emission-free engine that turns waste heat into electricity. JMCC Wing : This Hawaiian teams leader has been working on solar and wind power for many years, so its no surprise their solution involves the marriage of a super-high-efficiency, scalable wind energy harvester with a commercial water condenser. The bigger the generator, the cheaper the energy. Skydra : Very little information is available for this Chicago team, except that they have created a hybrid solution that utilizes both natural and engineered systems. The Veragon & Thinair : Alphabetically this collaboration comes on both sides of U, but Im putting it here. U.K. collaboration has developed a material that rapidly enhances the process of water conden Continue reading >>

Ethereum Paper Wallet | Beginners Guide

Ethereum Paper Wallet | Beginners Guide

If youve got a significant amount of Ethereum (or any amount for that matter) stored online, I recommend that you transfer it to an offline wallet as soon as you can. Offline wallets, also known as cold wallets, can be as simple as a piece of paper or as complex as a pin protected USB drive . Keeping your Ethereum in a cold wallet keeps it out of the hands of hackers who prey on their victims via the Internet. This security comes at a small cost, though. You still need to transfer your Ethereum to an online wallet or exchange to use it, making your funds less liquid. However, if youre playing the long game and holding for a while, this shouldnt be an issue. In this guide, Im going to walk you through the steps on how to create and use an Ethereum paper wallet from MyEtherWallet (MEW) a trusted recommendation. First, navigate to myetherwallet.com by typing it directly into your address bar. Do not google the website name. Thieves will often buy ad space with a phishing site pretending to be MEW and attempt to steal your coins. Once on the site, enter a strong password, write it down in a safe place, and click Create New Wallet. Next, download your Keystore File to your computer. I highly advise that you make a backup of this as well. This is the most important step of the process. Your funds can be stolen if someone else acquires this file, and youll have no way to recover your account without it. Click I understand. Continue towell, you knowcontinue. Here, you receive your private key. Once again, store this in multiple, secure places and do not share it with anyone. Finally, you can print your paper wallet. Store this as you would any other document thats worth a sizeable amount of money. This wallet has every important piece of information you need: Area to write not Continue reading >>

This Gambling Platform Forked Its Own Blockchain To Beat The Competition

This Gambling Platform Forked Its Own Blockchain To Beat The Competition

This gambling platform forked its own blockchain to beat the competition If you enjoy gambling and paid attention to the blockchain betting revolution, you may soon part ways with your bookie. As the online gambling market heads towards $60 billion in revenues by 2020, the competition among blockchain gambling operators to create the most innovative experience is getting intense. For the dozens of new blockchain gambling operators, differentiation increasingly comes down to technology. Game innovation, speed, and fairness are important advantages. However, according to decentralized gambling exchange LetBet, all three of these features are limitations of the Ethereum blockchain. To solve this problem, LetBet has developed its own blockchain: Libertas Chain. It is a clever fork of the Ethereum blockchain that does away with the limitations and creates a platform that can be used not only for gambling but many other activities as well. This new blockchain is also a zero chain, meaning that it does not charge any transaction fees and is free to use for life. It is fast, extremely secure and creates the provably fair gaming system that is at the heart of LetBets gambling experience. LetBet analyzed the Ethereum blockchain and while itsexcellent for many blockchain-powered platforms, the development team believes the Libertas Chain is a better fit for their platform, for a number of reasons: Fast processing speed In a society that looks for instant gratification, a respectable but slower blockchain transaction speed could turn off quite a few gamblers. Bettors like to play fast. If they lose at the slot machine, they cannot wait to go the next round and try and improve their luck. A spin of the slot machine could take up to 20 seconds on the Ethereum blockchain, while some Continue reading >>

02/02/2018~ V4o Ethereum Faucet 5 Minutes ~ Cara Mining Ethereum Di Eobot

02/02/2018~ V4o Ethereum Faucet 5 Minutes ~ Cara Mining Ethereum Di Eobot

Admin. 3/11/2017. Trusted. Games. Android. Games. Earn. Free. Ethereum.. EthereumBandit. Game. Review:. The. Tournament. Game. That. Allows. You. to. Earn. Ethereums! Jan. 14,. 2017. . VIPSpel. has. bonuses. for. both. new. and. existing. players.. To. start. with,. they. offer. a. welcome. package,. which. consists. of. a. match. bonus. and. free Each. piece. has. its. own. Ethereum. address. and. a. redeemable. private. key. on. the. . However,. you. may. be. able. to. buy. Casascius. Coins. from. others. on. eBay. for Get. a. small. bank. loan. (to. provide. legit. capital),. set. up. a. business. (Id. get. . of. ways. to. transfer. the. cash,. then. transfer. to. Ethereum,. get. a. debit. card, Youll. find. your. Peso. Wallet. balance. on. the. lefthand. side. of. the. screen:. Ethereum. . When. converting. from. Ethereum. to. PHP. and. vice. versa,. please. be. mindful. of. the Trading. tips. by. experienced. Ethereum. and. Litecoin. investors. to. help. them. make. money. through. better. trading. on. the. Cryptocurrency. exchanges. 1.. Mai. 2017. . Immer. wieder. bekommen. wir. die. Anfrage. ob. die. Gratis. Ethereum. Anbieter. die. wir. in. unserem. Bericht. Geld. verdienen. durch. gratis. Ethereums Faucet. is. a. website. or. an. app,. which. asks. you. to. type. a. captcha,. play. a. game,. or. watch. the. video.. Doing. these. actions,. you. earn. Satoshi. . a. 0.0000001. of. Ethereum 10.. Juni. 2014. . . bis. zu. 17.900. Euro. brutto. gibt. es. die. Arbeitnehmersparzulage,. bei. der. Arbeitnehmer. bis. zu. 43. Euro. im. Jahr. vom. Staat. geschenkt. bekommen. From. the. Civil. War. to. Vietnam. and. beyond,. Americans. have. struggled. to. reconcile. the. duty. to. honor. the. war. .. Behind. Ethereums. Wild. Ride:. The. Japan. Factor Can. I. do. it. directl Continue reading >>

Ethereum Adder 2018 ~ Cryptocurrency Money Adder 2018

Ethereum Adder 2018 ~ Cryptocurrency Money Adder 2018

Ethereum is Second currency that provide by Cryptocurrency Money Adder 2018 and it called Ethereum Adder 2018 . We are created CryptoCurrency Money Adder 2018 with 2 type Licensed : 1. One Year Licensed : CryptoCurrency Money Adder 2018 can be used everyday with expired date 1 year from purchased date after that it need to renew purchased again. 2. FullLicensed : CryptoCurrency Money Adder 2018 can be used everyday with no expired date. it work for forever and will got free update software every year. We have been put High Security Protection Systeminside the software : ( Ddos Protection, Hide IP with VPN, Anonymous Transaction, Encypt Mode )to make CryptoCurrency Money Adder 2018 is more safe and secure. All transaction using CryptoCurrency Money Adder 2018 is made anonymously and all money you got from this software is can be used for anything you want. All activity CryptoCurrency Money Adder 2018 is monitoring by our server system so if there are problem about using this software we will do fix it as fast as we can. We give you 24/7 Fullsupport anytime we ready to help you. Ethereum Adder 2018 can add money maximum 5 ETH / days and you can make multiple account to get 5 ETH / days for each account. Ethereum Adder 2018 can work with all this wallet : Continue reading >>

Ethereum Usd Coinbase - Bitcoin Classic Fork, Bitcoin 2018 Price Chart, Bitcoin Hyip Sites

Ethereum Usd Coinbase - Bitcoin Classic Fork, Bitcoin 2018 Price Chart, Bitcoin Hyip Sites

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Bitcoin Bubble Meaning - Ethereum Cash Coinmarketcap, Bitcoin Qr Code Generator Api, Bitcoin Billionaire Glitch Ios 9

Bitcoin Bubble Meaning - Ethereum Cash Coinmarketcap, Bitcoin Qr Code Generator Api, Bitcoin Billionaire Glitch Ios 9

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Crypto | Wealth Generators

Crypto | Wealth Generators

Lease contracts for cryptocurrency mining equipment are now available to customers of CRYPTO. These unique contracts provide 1,200 days of cryptocurrency mining, hardware maintenance, and energy costs. Because Wealth Generators owns its own mining equipment, and the equipment is top quality, the CRYPTO lease contracts provide some of the most competitive hashing rates in the industry. In other words, the equipment performs extremely efficiently and provides a high level of daily output. The equipment mining specs for CRYPTO are AMD RX GPUs or Nvidia P106/1060 GPUs. CRYPTO is that it uses a proprietary algorithm to determine the most profitable cryptocurrencies to mine at any given time. This algorithm diversifies what is being mined reducing some of the risks inherent with mining cryptocurrency. CRYPTO provides its customers daily mining returns. The current cryptocurrencies being mined through the CRYPTO platform are Ethereum, Dash, Monero, Ethereum Classic, but others may be added at any time. Past Performance is NOT a guarantee of future results and Crypto investments involves risk, include the risk of losing all of the money invested. There are 4 different lease contracts available for CRYPTO After the lease contracts are executed, mining will begin within 10 business days. Once mining begins, CRYPTO provides its customers daily mining returns. The mining returns will be paid in Ethereum directly to your digital wallet (wallet must accept Ethereum). Those that elect to share CRYPTO with others, can earn CRYPTO points for each lease contract that they sell. The points per lease contract are listed in the table above. For every 18 CRYPTO points earned, Wealth Generators will award 1 free Generator lease contract! The CRYPTO points flow up 2 levels in the enrollment t Continue reading >>

Eos Website

Eos Website

Here are some common questions about EOSTM and EOS.IOTM EOS.IO is software that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications (the EOS.IO Software). This is achieved through an operating system-like construct upon which applications can be built. The software provides accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores and/or clusters. The resulting technology is a blockchain architecture that has the potential to scale to millions of transactions per second, eliminates user fees and allows for quick and easy deployment of decentralized applications. For more information, please read the EOS.IO Technical White Paper . block.one, a Cayman Islands exempted company, is building the EOS.IO Software. With employees and advisors based around the world, the company focuses on business-grade technology solutions, including blockchain software development. For more information about block.one, please visit block.one . 3. Will the EOS.IO Software be released under open source software license? Yes, at the end of its development stage, block.one will be releasing the EOS.IO Software it has developed under an open source software license. EOS tokens are ERC-20 compatible tokens distributed on the Ethereum blockchain pursuant to a related ERC-20 smart contract (the EOS Tokens). 5. What features, uses or attributes do EOS Tokens have? Can the EOS Tokens be used on a blockchain adopting the EOS.IO Software? block.one is building the EOS.IO Software but it will not configure and/or launch any public blockchain platform adopting the open source EOS.IO Software (the EOS Platform). Any launch of an EOS Platform will occur by members of the commu Continue reading >>

Cryptocurrency News And Discussions.

Cryptocurrency News And Discussions.

Lead by example and treat others as you would wish yourself to be treated. No Trolling. Do not make random unsolicited and/or controversial comments with the intent of baiting or provoking unsuspecting readers to engage in hostile arguments. Trolling, in all its forms, will lead to a suspension or permanent ban. Do not waste people's time. It's the most valuable resource we have. See our Expanded Rules wiki page for more details about this rule. To mitigate abuse from throwaway accounts, a minimum of 20 comment karma & 10-days account age is required for participation. Referral links/codes, URL shorteners, or ads for commercial offerings. No low-effort content typically characterized by low character count, all caps, & banal wording. Example: "SELL SELL SELL!!!", "BUY!!", or "MOON!" No more than 2 promotional posts per coin on the top page. See our Expanded Rules page for more details about this rule. No pumping, shilling, or FUD (fear, uncertainty, doubt). Do not use multiple sockpuppet accounts to manipulate votes to achieve a narrative. Do not solicit, complain about, or predict downvotes. Do not post addresses or seek donations without pre-approval from the moderators. Do not incite or encourage illegal activities. Content promoting leaks, buying/selling drugs, tax evasion, etc will be removed. No malware, spyware, phishing, or pharming links. Do not reveal personally identifying information(PII), otherwise known as doxxing yourself. Divulging how many coins you own can make you a target of hackers and identity thieves. By the same token, do not doxx other redditors even if they engaged in an illicit activity. Report them to the mods or admins instead. Do not steal content, also known as scraping or plagiarizing. Submitting links to blogs or news sites which are no Continue reading >>

2017s Best Bitcoin And Crypto Wallets | 20+ Compared | Finder.com

2017s Best Bitcoin And Crypto Wallets | 20+ Compared | Finder.com

The most popular wallets are often a good choice, and tend to be popular for a reason. Desktop, iOS and Android wallets can simply be downloaded to the device of your choice, ready to use. Looking for a wallet you can use on your PC? You might consider: Exodus . One of few multi-currency desktop wallets. Exodus is customizable, artfully designed and lets you run the ShapeShift exchange , so you can exchange coins in the wallet itself. Jaxx . A multi-platform multi-currency wallet. Jaxx aims to be the one-stop wallet for anything crypto, on phone or PC. Armory . A popular bitcoin-only desktop wallet. Armory is best known for its high security and offline functionality. Looking for a multi-currency wallet to use on iPhone or iPad? You might consider: Jaxx . Best known for supporting an enormous range of different cryptocurrencies within a user-friendly design. Bread . A bitcoin-only wallet that aims to make holding and using bitcoin as easy as it possibly can. Mycelium . A feature-filled bitcoin-only wallet thats designed to work with your hardware wallet. Coinomi . Simple design plus an extraordinarily wide range of supported currencies makes Coinomi one of the most popular Android wallets around. Bread . An extremely beginner-friendly bitcoin-only wallet that anyone can use with ease. Mycelium . Specially designed to integrate with your hard wallet, Myceliums security and features make this bitcoin-only wallet a popular choice. Sending and receiving coins with your wallet Wallets are not only the gateway to checking your available balance, they also allow you to send and receive cryptocurrency. Wallets vary from one to another in how they handle the sending and receiving of currency, but the general process remains the same. First, you will need a wallet address (the r Continue reading >>

Neotogas - Neogas Calculator, Check Neo Balance & More!

Neotogas - Neogas Calculator, Check Neo Balance & More!

NEO is China's first ever original and open source public chain project. NEO serves as a smart assets platform. Smart assets are the combination of smart contracts of blockchain technology and digital assets. NEO allows for smarter registration, issuance, and circulation of digital assets. NEO via technologies including P2P, dBFT, digital certificate, smart contract, superconductive trade, cross-chain operation protocol, enables people to manage smart contracts effectively, safely and legally. NEO Smart Economy is a next generation economy and trade where trade agreements are written in almost any programming language using a Smart Contract. NEO is often called "China's Ethereum" because of it's similiarities to the Etherum blockchain. GAS is a Cryptocurrency which is distributed by holding NEO in your wallet. GAS is used to fuel transactions on the NEO blockchain. With each NEO Block getting generated, GAS will be distributed to all NEO holders. NEOtoGAS has been brought to life by N1njaWTF . The aim of this NEO Community website is to provide an easy & simple to use NEO GAS Calculator, the actual NEO & GAS Market Price & other useful things. You can also check your NEO Balance, your NEOGAS balance & the unclaimed NEOGAS you currently got. I think the site is also great for new people that are interested in the NEO Blockchain, Cryptocurrency and its Community. With every new block being generated, it will distribute 8 GAS for all 100,000,000 NEO. These 8 GAS will then get divided and sent out to the NEO holders with every new block. That means, the GAS generation per day depends on the actual block generation rate, because GAS is being distributed when a new block gets generated. As you may have noticed, the GAS reward calculator shows 2 values. Below you can see what Continue reading >>

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