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Ethereum Hard Fork Cancelled

Bitcoin Segwit2x Developers Cancel Upcoming Hard Fork Due To Consensus

Bitcoin Segwit2x Developers Cancel Upcoming Hard Fork Due To Consensus

Bitcoin Segwit2x Developers Cancel Upcoming Hard Fork Due To Consensus Bitcoin Segwit2x Developers Cancel Upcoming Hard Fork Due To Consensus There was shocking news in the bitcoin community today as SegWit2x supporters suddenly canceled plans for a bitcoin hard fork later this month. The Segwit2x hard fork was scheduled to launch in mid-November. However, after receiving divisive support from the community, Segwit2x supporters have called off the proposed upgrade. The news was announced by Mike Belshe and other members of the Segwit2x development team on the Linux Foundation website . Belshe is the CEO of BitGo , Inc. The Segwit2x team has been working on the bitcoin upgrade since May. The upgrade was proposed as a way to increase blocksize on the bitcoin blockchain, leading to improved bitcoin scalability. Segwit or segregated witness was launched as a bitcoin blockchain upgrade in August. After Segwit was successfully activated, the team shifted to the second phase of the project: a 2MB blocksize increase or Segwit2x. The proposal was contentious. Some believed it was unnecessary. Others believed it exposed bitcoin to security vulnerabilities. Many people wanted to avoid the confusion over the August 1 hard fork that led to the creation of Bitcoin Cash . If Segwit2x had gone through, it may have led to the creation of four different versions of bitcoin in the last 6 months, including Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin Gold (BCG), and Bitcoin Segwit 2x (B2X). Ultimately, the Segwit2x developers wanted to avoid more disruption to the community: Our goal has always been a smooth upgrade for Bitcoin. Although we strongly believe in the need for a larger blocksize, there is something we believe is even more important: keeping the community together. Unfortunately 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 >>

2x Called Off: Bitcoin Hard Fork Suspended For Lack Of Consensus - Coindesk

2x Called Off: Bitcoin Hard Fork Suspended For Lack Of Consensus - Coindesk

2x Called Off: Bitcoin Hard Fork Suspended for Lack of Consensus The organizers of a controversial bitcoin software update are suspending their attempt to increase the block size by way of a hard fork. Known for its strong early support from bitcoin startups and mining pools, the plan, called Segwit2x , or simply '2x,' was to trigger a block size increase at block 494,784, expected to occur on or around November 16th. The goal of the project, according to those involved, was to use the measure to increase bitcoin's transaction capacity, which is today constrained by the nature of the software's rules. The suspension was announced today in an email written by Mike Belshe, CEO and co-founder of bitcoin wallet software provider BitGo. One of the leaders of the Segwit2x project, he argued that the scaling proposal is too controversial to move forward. "Unfortunately, it is clear that we have not built sufficient consensus for a clean block size upgrade at this time. Continuing on the current path could divide the community and be a setback to Bitcoins growth. This was never the goal of Segwit2x." "Until then, we are suspending our plans for the upcoming 2MB upgrade," he added. The note is also signed by companies that originally supported the plan, forged at an in-person meeting in May, including Xapo CEO Wences Casares, Bitmain co-founder Jihan Wu, Bloq CEO and co-founder Jeff Garzik, Blockchain CEO and co-founder Peter Smith and Shapeshift CEO and founder Erik Voorhees. The group said that it still hopes the block size will be increased further down the line, once there is more agreement from stakeholders. In statements to the BTC1 Slack group, developer Jeff Garzik said the alternative software would continue to be developed, and that it may support "other chains such a 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 >>

Segwit2x Cancelled & Ethereums Parityblunder

Segwit2x Cancelled & Ethereums Parityblunder

Traveling everywhere the ocean is while Spreading the Crypto Knowledge. YouTube: Crypto Tips >> Steemit: @heiditravels >> Twitter: @blockchainchick Segwit2X Cancelled & Ethereums ParityBlunder Well, I cant not talk about everything thats been happening with Bitcoin AND Ethereum this pastweek. To view in video format: For those of you who have successfully maintained a state of blissful ignorance to all thats been happening, heres a quick recap: Bitcoin was due for its third hardfork this year but due to the utter lack of community support, it was called off . This caused all sorts of price movement which Ill get into later on in this video. Ethereum experienced another unfortunate event that involved the Parity wallet which resulted in the freezing of $150 million worth of ether. Lets take a better look at the affect that Segwit2X has been having with Bitcoin and BitcoinCash. You may remember that the price of Bitcoin was steadily rising thanks to the anticipation of the SegWit2X hard fork. Perhaps this was due to investors wanting to get in before the fork to gain access to the new coins. But as the rumor mill turns, it seems that the Segwit2X hard fork has been called off. News of this update was followed by a drop in the price of Bitcoin and a sharp increase in price for Bitcoin Cash. On the surface it looks like a pile of investors ran from one coin to the other, but a more likely scenario could be that those who invested in BTC just to gain access to the new coins backed out. Looking at what was happening with Bitcoin Cash the past couple days, the volume speaks volumes. Taking a look at the markets for Bitcoin Cash , South Koreas exchange, Bithumb, is on top in regards to volume. This suggests that the move to Bitcoin Cash isnt necessarily wide spread. But theres Continue reading >>

Etherzero - The Cancelled Ethereum Fork - Btcnn

Etherzero - The Cancelled Ethereum Fork - Btcnn

You may have heard the name EtherZero during the past few months if you are involved in the crypto community. People were excited to see what it would bring for Ethereum and what new features it would introduce. Sadly, it seems that we will never find out. It has been announced that the EtherZero fork will no longer be happening. A new currency will be launched in its place, one which will have all the features that people wanted from EtherZero. EtherZero was a planned hard fork of Ethereum. For those unaware, a hard fork means that the new currency created will not have a link to the previous one. It basically means a new update is branching out. EtherZero was created with some of the problems Ethereum faced, in mind. It was meant to make Ethereum better. One of the biggest such updates which it would include was instant transactions. Cryptocurrencies are valid currencies only if they can be used in transactions. If you cannot use a currency to buy something, it becomes useless .The problem was that transaction time was so high with Ehtereum that it was not affordable to use it for transactions. So while people who kept Ethers were happy that they were getting richer due to the increase in its value, Ethereum was not fulfilling its true purpose. This resulted in developers lamenting the high transaction times and costs. It was also designed to be even more scalable than Ethereum, and it promised to allow Dapps to be used in mainstream society. All these were very noble goals, but the fork has been canceled. One big reason that people didnt go through with the fork is that no major Ethereum players seemed to be involved with it. Forks in cryptocurrencies are a purely democratic system. Once a new fork is created, you have the choice to join it or stay. If you stay noth Continue reading >>

Ethereum Hard Fork Coming Soon

Ethereum Hard Fork Coming Soon

The Etherzero (ETZ) project will try to improve the future of the cryptocurrency. We have already seen many Bitcoin forks but still any fork for Ethereum. There have been announced two Ethereum fork but they had some issues with its fork height, resulting in many changes over time. This way many users lost their trust regarding the upcoming changes. However, a new Ethereum hard fork called EtherZero is trying to improve the situation. The EtherZero fork will take place on January 19, 2018, GMT 19:00 and will feature the following characteristics: Allocation: Total supply is approximately 116 million ETZ Reserve 20 million ETZ for subsequent development Newly increased: approximately 6 million ETZ per year (almost 5% inflation and declining every year) At the moment, EtherZero team includes 20 people from many different countries. Also, they are collaborating with many famous Indian and East European DAPP development workshops. The majority of the teams members are professional DAPP developers as well. What kind of Innovation does the team have to offer? The team hopes to bring a new kind of a master node system. Their idea is to stabilize and improve the market value of ETZ. They are aiming to get ETZs market value at 10% of the Ethereum in a short period. In addition, the master node will benefit more cash users. They are expecting the initial access node to be 10,000 ETZ. The distribution will be 45% to the master nodes, 45% of the rewards to the miners, and 10% to the self-governing communities. In the case EtherZero made its market price up to 10% of the Ethereum, the cryptocurrency price would reach 70 US dollars per unit, at least theoretically. The deployment of the ETZ chain is developer friendly and can be completed after a few changes. It is based on the DAPP 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's Hard Fork Etherzero Cancelled - Cryptocurrency World

Ethereum's Hard Fork Etherzero Cancelled - Cryptocurrency World

in News by Josh Hones January 7, 2018 Ethereums hard fork something to pay attention to Ethereums hard fork something to pay attention to. Hard forks have become a major trend in cryptocurrency with the success of Bitcoin Cash and Bitcoin Gold doing very well in spite of their big brother Bitcoins surge. However, arguably the most successful hard fork of all has to be Ethereum. During early June of 2016 3.6 million Ether was stolen in an attack on its decentralized autonomous organization(DAO). Afterwords a vote took place between the DAO and Ethereum network in which they decided to fork off the original platform. The hard fork would take the name Ethereum while the original platform took the name Ethereum Classic. The hard fork also took the main programmer and platform inventor Vitalik Buterin . Ethereum now has the third largest market cap of any cryptocurrency and is trading around $1120. While Ethereum Classic has stayed relevant possessing the seventeenth largest market cap and trading around $41. Since then, forks have been much more common in Bitcoin than Ethereum. However, EtherZero stepped up to the plate promising big new developments to the Ethereum netowrk. EtherZero developers stated major innovation points such as no transaction fees, instant transactions, a more profitable program for master nodes, and an autonomous community governance system. The fork was scheduled for Ethereum block #4,936,270 on January 19th, 2018. Unfortunately for those championing EtherZero the fork has been cancelled. Development stalled and on January 4th the project was officially scrapped. The developers stated there was a lack of community and trading platform support. Continue reading >>

What The Fork? New Segwit2x Launches With Massive Premine, Unknown Development Team

What The Fork? New Segwit2x Launches With Massive Premine, Unknown Development Team

What the Fork? New SegWit2x Launches With Massive Premine, Unknown Development Team New SegWit2x launches; involves half-finished LinkedIn accounts, brand new Github repository, and enormous premine. The new SegWit2x , a revival of the original hard fork designed to help with the scalability issues of Bitcoin, was scheduled to happen at Bitcoin block number 501451. That block was mined at around 6PM UTC , Dec. 28, and the team behind the project announced its official launch: The Long Awaited Launch of New Bitcoin SegWit2X Fork Finally Took Place! pic.twitter.com/GC46rYFoOI Segwit2X (@Segwit_2X) December 28, 2017 The SegWit2x movement has originally started in May 2017 , as a direct result of the New York Agreement (NYA). The idea behind the agreement, originally signed by more than 50 leading Bitcoin companies, was to achieve a compromise on how to scale Bitcoin for a larger audience. One of the sides, the small blockers, wanted to implement the second-layer solution called SegWit, which did indeed take place on Aug. 24, 2017 . That was the first part of the compromise. The other part of the deal was designed to appease the big blockers by increasing Bitcoins block size limit to 2 megabytes. However, this was never followed through with, directly violating the agreement. The fork was slated to happen on Nov. 16 . However, as the developers unveiled the actual code for the hard fork, a vastly negative reaction from the Bitcoin community immediately followed. The lack of replay protection , along with general concerns about the safety of a possible hard fork, gave rise to an entire movement against SegWit2x, aptly called #no2x . After several weeks of controversy, the fork was cancelled on Nov. 8 , about a week before its scheduled arrival. The team tasked with creating Continue reading >>

Is Ethereum About To Explode, Considering The Upcoming Hard Fork On The 18th Of January?

Is Ethereum About To Explode, Considering The Upcoming Hard Fork On The 18th Of January?

Mark Johnson , Cryptocurrency blogger, investor and enthusiast Answered 11w ago Author has 668 answers and 2.7m answer views It is possible that Ethereums price will increase after the EtherZero (ETZ) hard fork on the 19th of January, possible reasons include: Investors buying Ethereum/Ether (ETH) to increase the amount of free EtherZero they receive (ETH holders will recieve one ETZ for every ETH they own) Investors could sell the EtherZero after the hard fork and use it to buy more Ether. Due to the above reasons, Ethereums price could rise rapidly (similar to what happened with Bitcoin) and this would attract new investors who want to take advantage of the price increase. We can look at how hard forks have effected the value of Bitcoin in 2017 to help give us an idea. Bitcoin doubled in price after the Bitcoin Cash (BCH) hard fork and continued its bull run throughout the year and increased again after the Bitcoin Gold (BTG) hard fork and only slowed down after the Bitcoin SegWit2x (B2X/Bitcoin2x) hard fork was cancelled. Before the Bitcoin Cash hard fork one Bitcoin was worth about $1,600 and after the Bitcoin Cash hard fork the price for one BTC was $4000, then shortly after the Bitcoin Gold hard fork one Bitcoin was worth over $10,000. The hard fork could set off a chain of events leading to a rapid rise in Ethereums price: Investors might want to get their hands on free EtherZero Tokens, investors might then sell their EtherZero, other investors might jump in during the price rise and on top of all of that cryptocurrency is becoming more and more mainstream so a lot of newcomers might jump on the bandwagon as well. Or all of this might not happen, we can only wait and see, in my opinion Ethereum is a great investment regardless of any hard forks. 211.6k Views Vi Continue reading >>

Ether Zero: The Hard Fork May Lead To Scams

Ether Zero: The Hard Fork May Lead To Scams

Ether Zero: The Hard Fork May Lead to Scams EtherZero has been causing trouble, advertising as an existing fork, but causing dismay in asking for private keys. So far, Ethereum has been spared from too many hard forks. But the Ether Zero hard fork has caused confusion. At one point, it was reported the fork was canceled. But there are still instructions making the rounds on claiming Ether Zero coins. How to get ETZ?? pic.twitter.com/SlmZS0WxqK EtherZero (@EtherZero_org) 17 2018 . The promise of the Ether Zero hard fork should be viewed with much skepticism, especially given the risk of losing funds due to exposing private keys. Currently, there is an ETZ/BTC pair being traded on YoBit. The coin even experienced a minor pump-and-dump, with volumes ranging from 1.5 BTC to 50 BTC. But this is not the most worrisome thing. Right now, MetaMask recognizes one related Ether Zero domain as a phishing danger, although it is unknown whether the threat is legitimate or is due to reporting by users. This may be a case of interested third parties pushing dubious services: OMG, THE "BEST" SCAMMER EVER!!!!!!!!!!!! watch out, everyone! pic.twitter.com/nmPhe9C8CN EtherZero (@EtherZero_org) 18 2018 . It is not unusual to have phishing attempts around the time of hard forks, as it has happened with Bitcoin Gold and other Bitcoin forks. The team itself has released a roadmap, stating that in the next week, they would be improving the code. A final release of the public code is expected at the end of the month. Ether Zero offers an almost impossible feat: thousands of transactions per second with zero fees. It is unknown how this could materialize outside of test conditions, as the reality of internet infrastructure severely hampers the real transaction rate. Ether Zero promises a supply o Continue reading >>

Is It True Hard-fork Going To Happen On Eth (ethereum) Called Etherzero On Jan

Is It True Hard-fork Going To Happen On Eth (ethereum) Called Etherzero On Jan

Is It True Hard-FORK Going to Happen on ETH (Ethereum) called EtherZero on Jan Hi Guys I read on the news that there is Hard-FORK Going to Happen on ETH (Ethereum) called EtherZero Happening Approx on 19th Jan 2018 Between 19:00-21:00 at Block Height 4936270 Yes, you are absolutely right. You can see it in the coincalendar or the thread - Allocation: Total supply is about 116 million ETZ First time hearing fork on ethereum can you provide links for the fork to see and read some information about it but im not expecting that this going to happen "Important notice:Owing to the lack of sufficient support from the community and the big trading platforms, we decided to cancel the hard fork. The EtherZero will be converted into a new brand, and the new currency is issued in accordance with the private -ICO model. Thanks to everyone's support, a certain amount of new coin will be obtained for the users joining our telegraph group as compensation." DeepOnion Anonymous & Untraceable Cryptocurrency The fork of ETH is obviously not worth a lot of value, and most of the forks are deceiving, but the ETH itself is valuable, and may go up very fast in January, Calls powered by cryptocurrencies They should just do a regular bitcoin fork like everyone else. I just came to know about ETH zero. I guess the reason people didn't support Eth-zero is because miners won't have any incentive due to zero transaction fees and EOS is already trying to achieve the same thing on a much bigger level. So it will be hard fork of ETH or not? I see different answers in this thread) No, this is not hard fork, there will not be any free coins. I hope the transaction price will decrease and the system will recover. Thinking Eterium is not very comfortable in third place. I hope it will soon return his posi Continue reading >>

[update] Hodl That! #5 Ethereum Hard Fork Free Etherzero (20th Of January)

[update] Hodl That! #5 Ethereum Hard Fork Free Etherzero (20th Of January)

Update: The hard fork happened at the evening at the 19th of January around 8 PM GMT @ block number 4.936.270. The current block number can be found here: Every Ethereum token will create an EtherZero token. You just have to keep Ethereum in one of the following wallets: The following exchanges have been approached for a listing (Source: EtherZero, none of these exchanges confirmed a listing yet): At this time, we cant say if EtherZero is a scam or not. The Team itself seems not united, the domain is registered with WhoIs protection, which is uncommon for a project of this size. Metamask warns from phishing if you visit the website. However, if they could keep up with the promises of the white paper, EtherZero would have a very high potential but as so often: if something that seems to be too good to be true, it probably is. The scam rumors are maybe FUD, please read this post . After looking into EthZero, we have no clarity as to (1) what the code is (2) who created it (3) if it is properly licensed. Coupled w/ multiple .exes that are malicious, we recommend NOT INSTALLING NOR USING ANYTHING RELATED TO ETHZERO AS IT PUTS YOUR SYSTEM & ETH AT RISK MyEtherWallet.com (@myetherwallet) 20. Januar 2018 EtherZerowill be a legend, that is sure: Whether as the better Ethereum, the biggest airdrop scam ever, or as the hard fork with the worst communication cryptosphere has seen yet. Lets sit it out. Please stay safe there are so many fake websites out there right now, do not submit your private key / seed anywhere just dont do it. There was one doubtable option to submit your private key / seedon the etherzero website, which has aMyEtherWallet-alike wallet. This can be considered as very risky if you do this from your main wallet. If you dont need the wallet further and moved a Continue reading >>

The Secret To Claiming Your Free Ether Zero

The Secret To Claiming Your Free Ether Zero

The secret to claiming your FREE Ether Zero The secret to claiming your FREE Ether Zero Looks to me like a complete SCAM but this is the info i have been able to dig up. EtherZero (ETZ) is a new generation of smart contract development platform launched by a group of professional DAPP developers to meet DAPP development. It is a hard forked project based on Ethereum framework. The Ethereums traditional gas fee system is abandoned by the EtherZero, which makes the transaction of each transaction, including those in the smart contract, costs 0 transaction fee. We think that only 0 transaction fee of DAPP can truly fall to the ground and meet peoples daily use needs. As we approach this hard fork (Jan 19th 2018 GMT 19:00-21:00) we can see the kind of effect it is having on the price of Ethereum. Investors fighting to keep as much ETH so they can snap up ETZ in their wallets. As many of the other top cryptos struggle to maintain momentum post South Korea FUD, Ethereum is on a trajectory to the moon. As we have seen in many other hard-forks, in particular those involving bitcoin. Investors are seeing forks as an opportunity to snap up Free money. I found it very difficult to find reliable information on this new crypto currency. Read on to get a summary of what it is and what it promises to bring to the market. What is this mysterious Ether Zero? What are its features and what problem is it trying to solve? How does it compare to ETH and some other well known Cryptos? At block height #4936270 (Greenwich time 19:00-21:00 January 19, 2018). Each ETH holder receives ETZ in the ratio of 1:1 for free. Find out more and visit the ether zero website: Continue reading >>

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