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Thursday, May 17, 2018

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MEET THE EXODUS BLOCKHAIN PHONE

We're expecting a more conventional flagship phone launch from HTC in the next few weeks, but in the meantime it has announced a blockchain-based handset called Exodus. The company says the focus of the phone will be security, encryption, and cryptocurrency support.

Blockchain is one of the hottest terms in tech right now, though you'd be forgiven for getting confused about exactly what it means. In simple terms, it's a log of transactions – the transactions are the blocks, and the ledger is the chain. It can be public (available to the world at large) or private (available to a select group).

The idea is that security and transparency are increased by having a blockchain, so it's harder to commit fraud: Changing one block immediately brings up errors in the adjoining blocks, for example. Importantly, the system is also decentralized, so it's not located in any one specific place or owned by one entity.

The technology was created to underpin Bitcoin, but has since been put to all kinds of uses, from social networks to board games. The fact that it's available to everyone on a particular network doesn't mean all those people can see what you've been spending your Bitcoin on, but it does mean there's a record of money changing (virtual) hands.


So, how does all this apply to phones? Blockchain technology can be applied anywhere security and decentralization are important, from online shopping to private communications, and HTC is hoping to tap into that.

Each Exodus phone will act as an encrypted node on a blockchain network, making the phone and data stored on it as difficult to break into as it is to tamper with a Bitcoin block (very difficult, in other words).



The phone will also run what HTC is calling "DApps", decentralized applications also based on blockchain technology, with their own public ledgers. Information from these apps will be verified by users on the network, with cryptocurrency rewards in Bitcoin and Ethereum available (both cryptocurrencies will be tightly integrated into Exodus phones).

"Our vision is to expand the blockchain ecosystem by creating the world's first phone dedicated to decentralized applications and security," says HTC. "With the release of the HTC Exodus we can now make this a reality."

All we know so far is that the phone will run Android, have a touchscreen and a single rear camera, and support a SIM and a microSD card. As yet there's no news on when the phone will actually appear or how much it will cost, though you will be able to buy one with your cryptocurrency stash when the time comes.


HTC EXODUS Blockchain phone

Blockchain (and Bitcoin) are very much nascent technologies right now, full of promise and potential but still some way from mainstream adoption. Only time will tell if the HTC Exodus ends up being another step towards blockchain reaching the masses.



Wednesday, May 2, 2018

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Blokketting is NIE Kripto geld nie.

Daar is groot verdeeltheid onder baie van die nasies van die wêreld ten opsigte van blokketting tegnologie en cryptocurrency. Die opsomming van hierdie vertelling kan kortliks uitgedruk word as: "blockchain is goed, terwyl kripto's sleg is."

'n Aantal lande soos China, Indië, Frankryk en die Verenigde Koninkryk wat óf verbod het op kriptokurwes, of wat streng kripto-regulasies bekendstel, is onder die sterkste voorstanders van blockchain tegnologie. Hul negatiewe houding teenoor die kripto-mark stop hulle nie om die potensiële voordele wat inherent is aan die suksesvolle implementering van blockchain-tegnologie vir regeringsaansoeke te erken nie.



Die blokketting is die benaming van die tegnologie wat die werking van cryptocurrencies ondersteun. Dit is nie die geldeenhede self nie. Dit is net een van die vele dinge wat 'n blokketting kan doen. Die ongekende groei in Bitcoin se prys, sowel as die sukses van Ethereum, Ripple, Bitcoin Cash en ander cryptocurrencies, kan sommige oortuig dat blokketting basies net oor kripto geldeenhede gaan. Die waarheid is egter dat blokkettings meer as 'n virtuele geldeenheid is. Trouens, dit was hierdie idee wat Vitalik Buterin(Ethereum) aangespoor het om 'n nuwe blokketting protokol te ontwerp wat meer robuuste funksies bied as die Bitcoin ketting. Ethereum is in staat om 'n verskeidenheid gedesentraliseerde toepassings en outonome organisasies te ondersteun, en is ontwerp om die gebruikers in staat te stel om hulle eie aplikasies te ontwerp.

Dit is hierdie robuuste funksionaliteit van blokketting tegnologie wat die oog van regerings oor die hele wêreld aangegryp het. Met baie lande wat voortdurend teen mekaar in die innovasie- en tegnologiese vooruitgangsteater kompeteer, wil niemand agterbly nie. Baie regerings bestudeer talle moontlike blokketting-gebaseerde aansoeke vir staatsaangeleenthede of reeds in die proses om sulke aansoeke te toets, alhoewel slegs op 'n klein skaal.

Blokkettings het die potensiaal om die aktiwiteite van die regering te revolusioneer. Die potensiële gebruiksgevalle van blockchain-tegnologie in die regering sluit onder andere die volgende toepassings in:

* Gesondheidssorg
* Nasionale Identiteitsbestuurstelsels
* Belasting en Interne Inkomste Monitering
* Nasionale of streeks Stemmings prosesse
* Veilige Bankdienste, ens.

Sunday, April 8, 2018

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Big Names bring Big money into Crypto!



Once again we observe how easy it is to manipulate crypto market, having a reputation in the world of business and commerce. 

George Soros, who literally 2 months ago was actively criticizing crypto, announced that he would now deal with it. After his first statement the price of bitcoin fell sharply, after the second - it grew. The most interesting thing here is that given the fact that Soros changes his attitude to the crypt like gloves, he can say at least tomorrow that he sold all the crypto-active items and again start to heat crypto.
Last Friday, Venrock forged a partnership with cryptocurrency investor group CoinFund, according to a company official blog post. Venrock represents the venture capital arm of the more famous Rockefeller Foundation. Named after the renowned John D. Rockefeller, Venrock is seemingly following Soros' footsteps by entering the cryptocurrency space. The company is set to provide the Rockefellers with a ready-made list of unique cryptocurrencies the fund already has stakes in. On a tweet Coinfund stated:

"We are excited to partner with @pakman and @Venrock for our work in #decentralization and #blockchain!"

In the meantime, bitcoin domination has stopped around 45%, which does not bode well at all: usually in such a situation (when the domination does not change), overall capitalization is slowly falling. 

Nevertheless, according to the fundamental analysis, everything is in order: in addition to the statement of Soros, the Securities and Exchange Commission (SEC) began to consider the proposals of the two exchange investment funds (ETF). Last month Chris Concannon (CBOE president) wrote a letter to the Commission asking to consider Bitcoin ETF offers as casual, and not as a class of products. In addition, he noted that CBOE has successfully completed several futures contracts and stated that bitcoin markets are developing rapidly and will soon be able to guarantee ETF.

Saturday, April 7, 2018

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Die waarheid rakende blokketting

Ooorspronklikke artikel in Engels - vertaal


HONG KONG (Reuters Breakingviews) - Deesdae word die vernuwing bekend as blokketting byna altyd in samewerking met twee dinge genoem. Eerstens, as die tegnologie wat die Bitcoin muntstuk ondersteun, en die tweedens as die breinkind van Satoshi Nakamoto, die anonieme persoon - of persone - wat die witskrif uitgereik het wat die kripto-munt vermoedelik ontwerp het.

Trouens, die konsep van 'n verspreide rekord van digitale transaksies is ouer en het baie breër
https://www.amazon.com/Truth-Machine-Blockchain-Future-Everything/dp/1250114578
toepassings. Dit is maklik om te vergeet, aangesien bitcoin se wilde pryswisselings in die eerste sewe en 'n half maande van 2017 gekenmerk word deur die uitreiking en nuwe besighede wat bykans $ 1,5 miljard ingesamel het. Die gedesentraliseerde aspek van die tegnologie is die eksistensiële vraag waar dit begin, Michael Casey en Paul Vigna argumenteer in “The Truth Machine: The Blockchain and the Future of Everything”.

Al in die 1990's het voorstanders van die blokketting-tegnologie begin met 'n alternatiewe status quo, waarin individue kriptografie kon beheer. Vir hierdie sogenaamde "Cypher-punks" het die idee revolusionêre aantrekkingskrag gehad. 'n Databasis wat iets van waarde op 'n "peer-to-peer" netwerk van rekenaars kan opneem, bied 'n onveranderlike rekord wat nie betwis of verander kan word nie. Dit was vanselfsprekend aantreklik vir libertyërs wat gretig was vir 'n wêreld wat vry was van die boeie van die regering en ander groot sentrale instansies en banke.

Casey, 'n senior dosent aan die MIT Sloan Bestuurskool, en Vigna, 'n verslaggewer vir die Wall Street Journal, vertel nie net die storie van bitcoin nie. Hulle beveel aan dat die leser dieper kyk na die talle toepassings van blokketting - die digitale waarheids serum van hul titel. Die boek beskryf die maniere waarop die tegnologie die potensiaal het om die manier waarop ons oor eiendomsbediening dink, op te los, aanbodkettings te ontwrig en eiendomsregte aan die annonieme eienaarskap te gee.

Die skrywers deel 'n paar wonderlike voorbeelde. In Jordanië, die Verenigde Nasies se Wêreldvoedselprogram se Azraq blockchain-vlieënier, koördineer voedselverspreiding onder 10,000 Syriese vlugtelinge. Intussen bied MIT Media Lab se Digital Currency Initiative, tesame met die Inter-Amerikaanse Ontwikkelingsbank, aan die Latyns-Amerikaanse boere die vermoë om krediet te verkry van kommoditeitspakhuise wat deur blokke-bewese rekords ondersteun word. Meer algemene toepassings sluit dienste in om betalings oor landsgrense te betaal, sowel as aanvangskapitaal wat kriptografies veilige, anonieme geldeenhede ontwikkel.

Die deugde van blokketting staan in kontras met die groot tegnologie-titane wat beheer - en soms misbruik maak van - persoonlike data, soos die nuutste Facebook-privaatheid debakel toon. Die skrywers beweer dat 'n blokketting-oplossing vir sosiale media een sal wees waar digitale munte uitgereik word en boodskappe deur gebruikers geverifieer word, wat 'n wêreld van slegs hoëgehalte inhoud behoort op te lewer. 'n werklike gedesentraliseerde oplossing wat toegepas word oor 'n groot aantal  nywerhede sal toelaat dat selfregerende individue as hul eie ekonomiese agente optree en die regte op hul data terug kan kry.

Dit lyk egter onrealisties dat hierdie idee die nodige kritieke massa kan bereik, veral omdat gebruikers toenemend afhanklik is van bestaande platforms. Daarbenewens is 'n gevoel van onderlinge verbintenis, sentraal tot die sosiale aanslag van sosiale netwerke.

Ten spyte van al die veronderstelde deugde van desentralisasie bly die meeste blok-gebaseerde oplossings embrionies. En die ontluikende projekte (ICO's) wat tans aan die gang is, is om die minste te sê, problematies. Desentralisering van enigiets neem werk, en verbruikers se gewoontes is moeilik om te verander. Daarbenewens is daar diep gegronde redes waarom mense finansiële rekords, mediese inligting en ander sensitiewe data aan bewaarders en regeringsliggame oorlaat.

Dan is daar die vraag oor watter organisasies die tegnologie toepas. Soos die skrywers erken, is sommige van die groot eksperimente in blokketting nou - enigswyd paradoksaal - deur die oorspronklike poortwagters wie se krag dit veronderstel was om te beperk. Finansiële instellings soos JPMorgan en Accenture het die hoofrolspelers van projekte soos die Enterprise Ethereum Alliance geword, wat ondernemingsgehalte-sagteware bied. Monex, wat in Tokio gebaseer is, het Vrydag aangekondig dat hy Coincheck sal verwerf.

Intussen het China 'n blokketting-navorsingsinstituut gestig en gespog oor die uitreiking van 'n soewereine digitale geldeenheid, terselfdertyd het hulle die aanbod van private munte verbied. Dubai sê dit wil die hele regering op blokketting hê in 2020. Mees onlangs het die direkteur van die Internasionale Monetêre Fonds, Christine Lagarde, aangevoer dat owerhede "vuur met vuur kan beveg" deur gebruik te maak van blokketting-innovasies om kripto-bates te reguleer.

Dit is sekerlik nie wat die oorspronklike Cypher-punks in gedagte gehad het nie. Terwyl sommige fantaseer oor 'n wêreld waarin selfregerende individue die enigste argitekte van transaksies is, is dit meer waarskynlik dat tussengangers en tradisionele poortwagters betrokke sal bly. Miskien is ons nie gereed om met vertroude tussengangers weg te doen nie. Miskien sal ons nooit wees nie.

Tuesday, April 3, 2018

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Crypto Market update

Bitcoin is up 4.58% at $7,038.220 with a volume of Ƀ136.9k - $935.6M on the USD pairs.


Ether is down 1.93% against Bitcoin at Ƀ0.05534 per Ether and up 2.66% against the dollar to $389.14 with average volume Ƀ26.7k on the ETH/BTC pair.


Bitcoin Cash is up 0.33% to Ƀ0.09534 with volumes of Ƀ14.3k and up 5.17% against the dollar at $671.98.




Ripple is down 2.73% to Ƀ0.00006942 with volumes of Ƀ6.6k and up 2.03% against the dollar at $0.4879.



Zcash is up 3.93% for the day to Ƀ0.02802 per ZEC and up 8.64% against the dollar to $200.09 with an average volume of Ƀ2.0k for the 24 hour period.

Litecoin is up 5.52% against the dollar for the day at $119.37 and up 0.89% to Ƀ0.01696 on volumes of Ƀ8.3k.

Dash is down 0.86% at Ƀ0.04263 with Ƀ5.6k volume and up 3.35% against the dollar at $303.48.

Iota is down 4.41% to Ƀ0.0001475 on Ƀ2.0k volume.

Ether Classic is down 3.02% to Ƀ0.00199 with volumes of Ƀ4.1k and up 1.52% against the dollar at $14.

Monero is up 3.08% against the dollar at $178.59 and down 1.76% against Bitcoin at Ƀ0.02511 on volumes of Ƀ2.3k.

Neo is down 1.5% for the day to Ƀ0.006967 per NEO and up 2.86% against the dollar to $48.94 with an average volume of Ƀ3.7k for the 24 hour period.

Waves is down 1.56% to Ƀ0.0005124 on Ƀ2.2k volume.

Stratis is down 2.67% to Ƀ0.0005066 on Ƀ683.053 volume.

Cardano is down 1.99% to Ƀ0.00002113 on Ƀ2.6k volume.

Tuesday, March 20, 2018

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IBM Blockchain - the Process of Digitization

“Blockchain is the answer to the 2008 financial and mortgage crisis." IBM Blockchain General Manager Marie Wieck

IBM Blockchain General Manager Marie Wieck
On the long-term potential of blockchain technology, IBM’s Marie Wieck has heard it all. The solution to net neutrality. The foundation of Internet 3.0. The basis for an over-hyped cryptocurrency destined to crash.During her more than 25 years with IBM, Marie Wieck has had a different technical and executive roles within IBM’s hardware, software, and services units. In January 2017, IBM named Wieck to her current position as general manager of blockchain. She is responsible for IBM’s participation in the Hyperledger project: an open blockchain ecosystem for developers and service providers.

“IBM got into blockchain believing that it would herald the next generation of transaction solutions,” said Wieck, general manager of IBM Blockchain. “In reality, blockchain is the answer to the process of digitization.”


IBM started working on a blockchain project about 3 or 4 years ago by forming a unit solely dedicated to the technology with more than 1,500 employees. Wieck noted that “We can’t get enough people with skills in Blockchain” to fill all positions. She indicated that the industry is hot and needs talent. “Despite all the benefits,” she continued, “blockchain is very hyped and still very misunderstood.”

However, despite being hyped and misunderstood, Wieck went on to say that “on a lighter note, my view is you know you have arrived in a technology when there are Dilbert cartoons about [blockchain]. You have now passed the point of the hype cycle and [blockchain] is now in the common lexicon.” A rather interesting note is that most people focus on blockchain’s initial entry point and use case, Bitcoin. They associate anything blockchain with Bitcoin and that is not right. There is so much more to blockchain than Bitcoin and cryptocurrencies.

In Development: IBM’s Hyperledger

IBM entered into the blockchain world with the question: Is blockchain the next generation of transactions systems?

“What we have concluded from that,” Wieck explained, “is that, no, it’s really an answer to digitization and the process of digitization.” She continued that, “It’s important to understand the history of what blockchain is and what it isn’t.” She indicated that Blockchain has its origins in digital transformation and disruption. Wieck emphasized that “Blockchain is the answer to the 2008 financial and mortgage crisis. It gets at how you would create the same kind of model that you have in anonymous real-world trading but in a digital world.”

In other words, how can you have “cash” transactions on the internet? How can you reconstruct the market experience?

The real-world experience is that you go to a market and find a book, you know its value and you know the value of your money. You talk to the seller and come to terms, agree on the fair price, establish a value proposition, and then make the exchange. You did not need to divulge your identity, nor did the seller to make the transaction happen. The question is: How do you do that in the digital world? Today, you cannot do that anonymously because there is a mechanism that identifies you, your credit card, your wallet, etc. This is very true if there are cross-border transactions as there are more actors and agencies that will need to take part in your transaction. This is where blockchain comes in and eliminates the middleman.


Food Chain Supply Safety

Food safety is just one of the many ways blockchain will benefit society. The technology is now being used to transform processes and streamline transactions for everything from flowers, real estate and trade finance, to education, insurance and medical services. Walmart has partnered with IBM to build a map of the food supply chain to be able to track produce to promote safety in case of food-borne illness outbreaks. When outbreaks happen, it takes weeks to trace it back to the source. By using blockchain in completely connected supply system, it took only two seconds to trace the origin of the outbreak. For it to happen this fast, competitors will need to cooperate and share logistics information. Despite this need for industry-wide collaboration, IBM has been able to decrease the amount of time it takes to trace back the origin of outbreaks down to days rather than weeks without the blockchain technology in place.



Digital ID – How do you know it’s you in the blockchain?

Wieck posed the question: “How can you replicate going into a bank and producing an ID to transact digitally?” She pointed out, “If you think about it, by showing a driver’s license you are providing more information than you want to: address, date of birth, etc.”

IBM is working with Canadian SecureKey, which has a network of all of the major banks, the Government of Canada, and Rogers Communications to be able to verify digital identity. SecureKey is a triple-blind system that gives you ownership of your identity. If someone needs access to your identity to confirm a transaction, they will request only this specific information from you to transact. For example, you go to a bar, the bouncer will need to verify your age and showing a driver’s license gives away more information than needed. By using this blockchain, without providing more information than needed, your age would be confirmed. So, for other transactions, you would be able to provide only the information needed to transact and not more. Essentially, you take control of your own identity. Wieck drew a bigger picture by saying, “Imagine that you can control your own credit report and remove a third-party credit reporter that is vulnerable to hacks? It’s a much, much better system to keep your identity safe.”


Monday, March 19, 2018

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Sometimes we kill the bear!


Sometimes we kill the bear, and sometimes, well, the bear kills us!


Ons is nou in 'n beermark en baie beleggers, veral diegene wat slegs vanaf Januarie 18 in die crypto ingegaan het, sou hul portefeulje aansienlik verminder het. Ek dink dit is kritieke tye en inderwaarheid voordelig vir die digitale markte, aangesien dit help om te onderskei tussen die goeie projekte, die middelmatige en bedrogspulprojekte. Ignoreer die mark en kyk na jou portefeulje oor 6 maande.


Vir diegene wat nie meer kapitaal in crypto wil plaas nie,  sal ek sterk aanbeveel om eerder as om teen 'n verlies te verkoop, die portefeulje oor 'n 6 maande termein te evalueer. As jy 'n aanhanger van blockchain tegnologie en sy vooruitsigte is, bly kalm en wees 'n langtermynbelegger.


Vir diegene wat meer wil belê, sal ek sterk aanbeveel om die aankope te skaal. Kyk na die afgelope maand hoe Bitcoin verskeie ondersteuningsvlakke gebreek het. Die volgende ondersteuning is USD6k en as dit gebreek word, sal ons waarskynlik USD4k sien.

Oor die afgelope paar maande was daar 'n spul beleggers wat ICO's in die mark bekendgestel het en die baie gesogte ICO's is in minder as 'n uur uitverkoop wanneer dit vir die algemene publiek oopgemaak is. Koop nou daardie ICO-munte wat jy op misgeloop het stelselmatig op.

Laaste maar nie die minste nie, as jy vir lang termyn in crypto gaan belê. Hierdie beermark bied 'n goeie tyd om die byl skerp te maak. As jy nou tyd gaan spandeer op crypto, spandeer dit dan op die verbetering van jou programmeringskennis, deur te netwerk en meer interaksie met kripto-mense te hê. Met minder tyd en aandag aan die daaglikse prysskommelinge, reddit kommentaar, telegram etc. kan jou tyd nou bietjie spandeer word op die besteding van meer kwaliteit tyd op jouself en buite die cryptoworld met jou geliefdes. Dit is altyd die moeite werd om in jouself te belê en 'n beermark in kripto gee ons eintlik die nodige rustigheid om dit te doen.


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