They are both building smart contract blockchains that hope to offer the same level of service as the current Ethereum Public Blockchain but with more throughput. Scaling is the buzzword of the month and EOS and NEO aim to achieve higher transactions per second by using a delegated proof of stake or delegated Byzantine Fault Tolerance method. Delegated proof of stake is a system where a limited number of Block producers actually stake coin to validate and create blocks. Those 21 nodes stake EOS coin and crpyto rollercoasterwhat is going on with tether and the ethereum raiden upgrade granted the privilege of creating blocks and capturing the block rewards.
Crpyto rollercoasterwhat is going on with tether and the ethereum raiden upgrade refers to an agreement problem involving trusting third parties and dealing with bad actors.
So if satoshi solved the generals problem though the Nakamoto consensus why are back at this problem? In a race to be the one blockchain that rules them all many scaling methods are being attempted. The system is starting out with a handpicked 7 validator nodes. This is a huge red flag. They control enough coin to pick the nodes regardless of votes, and the nodes they pick can choose to accept or reject whichever transactions or smart contracts they wish.
There is no recourse. This is not a blockchain I trust or recommend. Even if more validator nodes were allowed the token distribution effectively squelches any dissenting opinions.
Even if the tokens were distributed more widely and more publically there would still be huge issues. First and most importantly, most people don't vote.
Second, votes can be bought and sold for money, social capital, or promises of future favors. Finally voting typically and most assuredly in the case of these two blockchains results in a plutocracy where the whales make the decisions. None of these are better than what we have now with the current consensus methods employed by Ethereum or Dash or Bitcoin Cash. If there is not a direct 1 to 1 transfer then the fundraiser regardless of disclaimers is fraudulent.
Be careful out there. Anyone can buy hype, anyone crpyto rollercoasterwhat is going on with tether and the ethereum raiden upgrade make claims, but not everyone delivers. A wise man once compared Bitcoin to the Model T Ford.
The ancestor of the modern day automobile, the Model T lacked any safety features, was difficult to navigate, got horrible mileage and offered far less comfort than its modern day counterpart. And just as the subsequent automobile models aimed to improve upon the flaws of the Model T, so do the various forks improve upon those of Bitcoin. In fact, some forks can deviate greatly from Bitcoin and some can be merge-forks with other cryptocurrencies.
Crpyto rollercoasterwhat is going on with tether and the ethereum raiden upgrade are over two dozen or so Bitcoin forks to date, with more to come this year. This is by no means a comprehensive list. Frankly, not every single Bitcoin fork is worth writing about.
Some will be only briefly mentioned. And the ones that are based on extraordinary projects or mass market adoption will be described in length. Click here to refresh the feed. We last spoke with Dr. Julian Hosp back in June of prior to their 36 minute token sale sellout. So much has happened since then for both TenX and the crypto-scene overall. We discuss some of the changes and challenges facing TenX as well as the growth and successes. Julian published a book as well. Nasdaq CEO talks crypto exchanges once the space matures.
Amazon has won a patent to help law enforcement and tax authorities track your Bitcoin transactions. Coinbase shuts off service to Wikileaks Store and Cheapair. Vitalik Buterin is boycotting CoinDesk Consensys and suggests you do as well. Arizona is very close to allowing residents to pay taxes in cryptocurrency. In this installment we talk with Mattheus!
We discuss how he uses crypto in his everyday life and why New Hampshire is the place for libertarian activism. As we discuss the future of money today! Show topics include international news about digital currencies such as Bitcoin, Ethereum, and Dash, as well as traditional markets and fiat currencies.
Don't want to miss our special segments and bonus interviews? In this installment we talk with Marcus! The creator of the famous "bitcoin roller-coaster". He brought some stickers to the event to sell following the news that someone out there got the image tattooed on his arm.
In this installment we talk with Yury! You may remember Yury from the brief Russian version of the podcast. Yury talks about the different meet-ups in Manchester and how he fared in Russia with his bitcoin projects. I found an address linked to the Centra crowd sale holdingETH. French mega-grocery Carrefour SA is using blockchain technology to show consumers where their chicken dinner came from. Axel discusses how the platform will be blockchain agnostic but that the initial token sale will happen on the Ethereum public blockchain.
Visit the Shivom website to find out more. Pedro describes how past Porcfest experiences have changed his life. Find out more at http: In this installment JJ talks with Kay and Amit from http: In this installment we talk with Matthew Ping from http: Matthew discusses the history of the meet-up and talks about his business and the some of the challenges associated with accepting bitcoin for rent.
In this installment we talk with Brittany Ping from http: Brittany discusses how the local community has crpyto rollercoasterwhat is going on with tether and the ethereum raiden upgrade over the past 6 years and how the meet-up has changed along with it.
In the video version we show how to initialize the wallets, send, and receive transactions. Please note the audio version of the show does not contain the wallet initialization and testing due to the need for a visual element. Mario Costanz joins JJ to talk about crypto and taxes. Mario has been successful building a U. After discovering cryptocurrency in he found that tax services for digital asset enthusiasts were nonexistent.
Mario has since been building CryptoTaxPrep. The book Crypto Taxes Made Happy: Travin has been a big part of many projects in the blockchain space including: Travin is planning a move to Zug, Switzerland a hot spot for crypto development. Sergey Mavrodi has died leaving his MMM ponzi scheme in limbo. He was also a presenter at the Blockchain: There is also a lot of Crpyto rollercoasterwhat is going on with tether and the ethereum raiden upgrade related news and interviews!
Next the bank accounts were emptied and employees fired. I interviewed Sam last year during a test run of blockchain startup interviews. I had some listeners email me requesting a closer look and I did what I could but this is a perfect example why we refer to these token sales as gambling. Many ICOs and token sales have already failed whether scam or not and many more will fail. This underscores the very nature of cryptocurrency trading -- it is built on projections of future profits not future products.
Charlie Lee, recently profited from a very fortuitous Litecoin pump at the end of as he sold all of his coins. He says that litecoin is fine, they just got a little too excited. We talked about the MMM pyramid scheme way back in episodewell Sergey Mavrodi the operator of the international scheme, has died of a heart attack in Moscow. The MMM ponzi scheme system has been put into pause mode leaving the points holders with nothing to do. We discuss the trend of blockchain companies starting up in Canada and what the future holds!
Use this URL to sign up for your Purse account: Purse lets you shop Amazon. Listen to this interview and learn about how you can earn Bitcoin crpyto rollercoasterwhat is going on with tether and the ethereum raiden upgrade your unspent Amazon gift cards. Pedro and JJ sit down with Mark Warden to talk about his historic home sale.
Mark sold his New Hampshire home for Bitcoin and talks about the experience. Pedro also points out some pitfalls when financing a home with your crypto wealth. To learn more about Mark visit http: Find us on Patreon at http: The event was sponsored by http: For more great content visit: The event was also sponsored by http: Find out more here: Stuck up For more great content visit: Update Required To play the media you will need to either update your browser to a recent version or update your Flash plugin.
Cryptocurrency BEGINNERS GUIDE For Bitcoin Litecoin Ethereum. The cooperating lenders from Personal Money Service Network follow federal regulations and states laws for lending within their borders. Top 5 Bitcoin Affiliate Programs.