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Showing posts with the label fork

Warning! Fake Monero called Monero Rings

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A project called Monero Rings advertises itself on the sites monero-rings.org and myxrmwallet.com. Monero Rings is positioning itself as an “improved version” of Monero, promising fast transactions, scalability, improved mining and even non-interchangeable tokens. It all sounds great, but the fact that the options that have been promised have emerged from nowhere is suspicious. The fake project was recently revealed by the Guarda wallet company, whose specialists saw that the project code is simply a clone of the Monero code. They also found that one web form sends phrases for recovery to their own site servers, allowing fraudsters to access private keys and steal funds. Four days after the exposure, Monero Rings resources ar ... Read more about " Warning! Fake Monero called Monero Rings " on coinatory.com

Hypochondriacs in a Coal Mine

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Paper-cuts are not as serious as snake-bites. We know that. Speaking of security, forks are not as scary as knives. That. We don’t know yet. It was not supposed to happen this way; but then, when does life (and technology) work on suppositions! Humans - genius-clever-brave-rebellious humans - had gathered around the capsule. Some shuffled their feet as the first cut was made. Some cringed and shut their eyes as the needle made its way in and out for a stitch. Some smiled as the body whirred back to life with a new sound. The inimitable and iron-clad creature had just been operated upon. As the surgeons moved out of the room, a few eyes stayed peeled on the creature. Timid and worried, they mumbled to each other. “But wasn’t this sp ... Read more about " Hypochondriacs in a Coal Mine " on coinatory.com

Co-founder of Bitcoin.org: Bitcoin Cash is dead

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Once upon a time Bitcoin Cash, Bitcoin hardfork, was considered a "new word" in the world of cryptocurrency and a "revision" of Bitcoin itself, but 18 months after the birth, the coin replenished the ranks of cryptocurrency-losers. According to the co-founder of Bitcoin.org and Bitcointalk.org, acting under the Cobra pseudonym, BCH is “worthless”. On January 18, Cobra said in its Twitter account that Bitcoin Cash is not just dying, but already dead, and, due to the lack of vision and purpose, the value of the coin will drop to zero in a matter of years. In particular, he stated: “Bitcoin Cash is dead. This cryptocurrency needs new leaders and a direction / goal - otherwise, in a few years it will cost $0. ” In response to questio ... Read more about " Co-founder of Bitcoin.org: Bitcoin Cash is dead " on coinatory.com

Bitcoin Gold to be delisted by Bittrex

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The altcoin team did not reimburse the trading platform for the losses it incurred because of the attack on the network of this bitcoin fork. The BTG markets (BTC-BTG, ETH-BTG and USDT-BTG) will be delisted and removed on September 14th, 2018 The Bittrex Exchange will remove the opportunity to trade with the Bitcoin Gold coin on September 14. The company explained this by saying that the developers of the altcoin refused to compensate for the loss of the trading platform that it suffered as a result of the attack on the coin ... Read more about " Bitcoin Gold to be delisted by Bittrex " on coinatory.com

The Blockchain - a Technology that Powers Cryptocurrencies

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Hearing the word "Blockchain" one who is not familiar with cryptocurrencies may liken it to physical blocks or chains while some of those with very little knowledge about cryptos may feel it"s the same as Bitcoin. According to the Blockchain Research Institute, blockchain is the second internet. It has been said that the first internet, which is what we have now, is the "internet of information" while blockchain, the second internet, is the "internet of value." Interestingly, nobody knows the person or people who created the blockchain. ... Read more about " The Blockchain - a Technology that Powers Cryptocurrencies " on coinatory.com

Lithium Luna - a fork in the Monero code

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On April 6th, there will be a fork in the Monero code, referred to as V0.12.0 "Lithium Luna". As background, due to developments in mining hardware, the Monero developers have announced that they will be changing the hashing algorithm. There are several reasons why the Monero developer team is making the change, including combatting ASICs, introducing support for multi-signature wallets, and creating initial hardware wallet support. At block 1546000 a new version of the Monero code will enter into use. Note that this is a scheduled ... Read more about " Lithium Luna - a fork in the Monero code " on coinatory.com