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Cryptocurrency & Blockchain

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r/Cryptocurrency testing

For testing out CSS changes to CryptoCurrency.
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Bitcoin-Core and Blockstream have been developing Asics to sell for profits. They removed Asicboost since it competed with their Asic miner hardware. This is ridiculous and a HUGE conflict of interest.

https://bitcoinmagazine.com/articles/bitcoin-developer-about-take-mining-hardware-industry/
BtcDrak, the most active pseudonymous Bitcoin Core contributor to date, is making a move into the mining hardware industry. The developer, who besides having contributed to the Bitcoin Core repository also maintains bitcoincore.org and the Bitcoin Core Community Slack, told Bitcoin Magazine he helped set up ASIC chip manufacturing company Halong Mining over the past year, and produced an initial batch of mining hardware, with plans to ship to consumers in early 2018.
its name references the Dragons' Den, an (in)famous private chat channel on the Bitcoin Core Community Slack
Vitalik Buterin predicted that this type of conflict of interest, would happen and therefore decided not to use Bitcoin to build his software protocol (now ethereum), since he was concerned that the devs would fork the code in order to destroy his (and others') project. He has now been proven to be correct regarding his concerns.
https://twitter.com/VitalikButerin/status/929805462052229120
The very earliest versions of ETH protocol were a counterparty-style metacoin on top of primecoin. Not Bitcoin because the OP_RETURN wars were happening at the time and...
...given what certain core devs were saying at the time, I was scared that protocol rules would change under me (eg. by banning certain ways to encode data in txs) to make it harder, and I did not want to build on a base protocol whose dev team would be at war with me.
Bitcoin-Core/Blockstream soft forked AsicBoost potential usage off Bitcoin and ran a scare campaign against Asic manufacturers. It turns out they themselves are an Asic manufacturer and it was all a ploy to sell their own products. Instead of marketing themselves, they attacked others, and changed the actual Bitcoin code so their products would have an advantage (Segwit code removes Asicboost , amongst other changes).
submitted by localbitecoins to BitcoinMarkets [link] [comments]

Free Bonus $ 5 - New Hashing Trade - Bitcoin Mining - Earn Unlimited Bitcoins - Without Investment Bitcoin Mining 2019 - Should We Mine Bitcoin? - YouTube Who Pays the Bitcoin Mining Reward? - George Levy How to pool mine Primecoin XPM Bitcoin Magazine - YouTube

Bitcoin MagazineOriginal author: Vitalik ButerinOne of the disadvantages of Bitcoin that its proponents often gloss over is the fact that its mining algorithm has little real-world value. The underlying issue is this: in order to add a new block to t . Wednesday, July 22, 2020. Home Blog Categories News Bitcoin Minute Austin Bitcoin Primecoin: The Cryptocurrency Whose Mining is Actually Useful ... Bitcoin Magazine's articles are written by a paid staff of full-time, part-time and freelance journalists with a passion for Bitcoin. Our writers adhere to a strict code of journalistic standards and ethics, and do not accept payment from third-party sources for coverage. Bitcoin Magazine also accepts articles from guest contributors from the Bitcoin community with particular insights to share. Read the exclusive interview with Primecoin’s creator Sunny King in the issue 13 of Bitcoin Magazine. One of the disadvantages of Bitcoin that its proponents often gloss over is the fact that its mining algorithm has little real-world value. The underlying issue is this: in order to add a new block to the Bitcoin blockchain, a Bitcoin miner ... Primecoin (Symbol: Ψ (Psi); Kode: XPM) ist eine Bitcoin-basierte Kryptowährung, die eine Primzahlsuche als Algorithmus für den Proof-of-work einsetzt.. Primecoin wurde vom Softwareentwickler Sunny King (Autor von Peercoin) im Juli 2013 veröffentlicht.Primecoin basiert auf den technischen Prinzipien und dem Quellcode von Bitcoin.Der Quellcode von Primecoin steht ebenfalls unter der MIT-Lizenz. Primecoin: the cryptocurrency that can make mining useful By Maria Santos Last updated on January 2, 2018 at 00:00 No Comments One of the problems that Bitcoin miners often point out is that solving the complex and random algorithms that generate digital coins is a difficult process that spends a lot of energy and doesn’t have any other practical benefit.

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Free Bonus $ 5 - New Hashing Trade - Bitcoin Mining - Earn Unlimited Bitcoins - Without Investment

What it really takes to mine a Bitcoin in 10 Minutes. Firstly I'll show you a special free method to mine Bitcoin and send funds directly to your wallet in 1... How to solo mine Primecoin XPM - Duration: 4:58. Graham Lewis 7,772 views. 4:58. Coins vs Bars ... Bitcoin Trading for Beginners (A Guide in Plain English) - Duration: 18:48. 99Bitcoins ... I show you how to quickly set up solo mining with Primecoin XPM. For more indepth instructions visit - http://www.letslearnthis.com/cryptocurrency/how-to-sol... Bitcoin Magazine is the oldest and most established source of news, information and expert commentary on Bitcoin, its underlying blockchain technology and th... NEW BITCOIN CLOUD MINING SITE JOIN HERE - https://btconline.io/860342 TOP PAYING ONLINE EARNING SITES BTCONLINE - https://btconline.io/860342 ADBTC - https://ref.adbtc.top/997263 Disclaimer ...

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