Category: N-Technology
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Bitcoin Cash Node Bchd Syncs in Just Over an Hour With Fast Mode
The developers behind the Bchd project have announced the launch of version 0.13.0-beta2 alongside the client’s ‘fast sync mode.’ With the latest fast sync option, instead of downloading 140GB of data stemming from the chain’s genesis, Bchd users can download roughly 3GB and have the client running in just over an hour. Also read: Indian…
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Saxo Bank Founder Lars Christensen Is Waiting for a Cryptocurrency Panic Sell-Off
Danish Saxo Bank founder Lars Seier Christensen made millions trading BTC, but as the CEO of a bank, he had a hard time persuading his staff to offer crypto services. Now he’s waiting on the sidelines for another panic sell-off before re-entering crypto trading. Also read: Saxo Bank Offers Bitcoin Exchange Traded Notes ‘Our Current…
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Openswap Makes In-Wallet BCH and BTC Atomic Swaps Possible
Bitcoin Cash (BCH) developer Mark Lundeberg has revealed his new project, a fork of the Electron Cash wallet that performs trustless atomic swaps between BCH and BTC. On Dec. 18, Lundeberg officially launched the first iteration of his Openswap platform with a video tutorial on how to trade between two different cryptocurrencies. Also read: Only Sharks…
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How Crypto Miners Are Adapting to Survive the Bear Market
In the current crypto bear market, miners have been battered due to the depreciation of digital assets, leaving many operations struggling to generate profit. In some cases, miners have been forced to exit the business altogether. In their absence, a number of experienced miners are capturing the bulk of the market share, according to one…
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BCH Devs Publish Bi-Directional Payment Concept Based on IPFS
On Friday, Openbazaar and Bchd developer, Chris Pacia, revealed a new Bchd project feature currently in the making that would allow for Bitcoin Cash-based bi-directional payment channels. Moreover, in contrast to the Lightning Network, the Bchd developers explained that the team has created an overlay network based on the Inter-Planetary File System (IPFS). Also Read: A…
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BCH-Based Openswap Client Will Feature Trustless Atomic Swaps
On Friday, Dec. 14, Bitcoin Cash developer Mark Lundeberg announced his new project Openswap, a fork of the Electron Cash client that features atomic swap functionality. Lundeberg’s been working on the Openswap software for months and the tool can perform swaps between bitcoin cash (BCH) and BTC in a trustless fashion. Also read: Markets Update: Bears…
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Password Manager App Dashlane Mocks Cryptocurrency Owners
Having strong passwords is important for everyone in today’s world as it is full of hackers and other cyber criminals. And as cryptocurrency is value stored in code, it is no surprise that its owners are among the most paranoid about their data security. However, strong keys aren’t worth much if you can’t remember them. …
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What Grin and Mimblewimble Mean for the Future of Bitcoin Privacy
In a little over a month, one of the most eagerly anticipated cryptocurrency projects in recent times will launch. There will be no ICO or premine, and, like the transactions themselves, the project team are highly private. Grin, the first network to utilize Mimblewimble cryptography, has wide-ranging implications for privacy that could ultimately shape the…
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Chat Bot Advises Crypto Startups and Investors
Three Ukrainian companies have developed an English-language chat bot that provides consulting services to businesses and investors in the crypto industry. The AI-based platform, Ailo, offers a range of automated services but it can also deal with cases that require human intervention and professional legal advice. Also read: Russian Marketplace Allows Users to Sell Items…
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New Bitcoin Cash Opcode Shows an Onchain Game of Chess is Possible
Since the recent Bitcoin Cash (BCH) upgrade, the protocol now has some newly added features like the re-enabled opcode OP_Checkdatasig. After the implementation, a few developers have been experimenting with the opcode and have developed concepts such as “spending constraints.” Moreover, in another instance, a programmer recently used the opcode to create an onchain chess game…