Binance $200M-8 months, Nasdaq $209M-47 years : Bitcoin

What's Happening At Dash? | Continually Updated News & Announcements Thread

Welcome to dashpay!
If you are new to Dash, we encourage you to check out our wiki, where the Dash project is explained from the ground up with many links to valuable information resources. Also check out the menu bar on top and the sidebar to the right. We have very active Discord and Telegram channels where the community is happy to answer any and all newcomer questions.

Purpose of this post

This post is directed towards community members who wish to rapidly access information on current developments surrounding the Dash cryptocurrency.
Lately we've noticed how the pace of events picked up significantly within the Dash project due to many years of hard work coming together and pieces falling into place ("Evolution" is finally here. It's called Dash Platform). For the purpose of keeping these many pieces of information together, however, singular Reddit submissions are insufficient. Thus we decided to maintain a pinned thread collecting blog posts, interviews, articles, podcasts, videos & announcements. Check back regularly, as this thread will always feature the latest news around Dash, while also serving as a mid-term archive for important announcements and developments.
Journalists looking for news and contact opportunities wrt Dash, please bookmark:

Dash Press Room

"At Dash Press Room you will find the latest press releases, media materials and product updates on Dash - Digital Cash."

Dash Platform Video Series (formerly known as "Evolution") with Amanda B. Johnson

  1. Dash is Becoming a Cloud | Dash Platform #1
  2. What is Dash Drive? | Dash Platform #2
  3. What is Dash's Decentralized API? (DAPI) | Dash Platform #3
  4. Usernames & Dash Platform Name Service (DPNS) | Dash Platform #4
  5. What is Dash Platform Protocol? (DPP) | Dash Platform #5

Dash Core Group News

(last updated: Oct 30th, 2020)

Dash Newsroom with Mark Mason & Dash Talk with Amanda B. Johnson

(last updated: Oct 30th, 2020)

Development news

(last updated: Oct 30th, 2020)

Adoption, Partnership, Business Development, General News

(last updated: Oct 30th, 2020)
submitted by Basilpop to dashpay [link] [comments]

Bitcoin Gold a Shitcoin Vulnerable to Attack Despite $200 Million Market Cap

Bitcoin Gold a Shitcoin Vulnerable to Attack Despite $200 Million Market Cap

https://preview.redd.it/vddehe8qfo321.png?width=690&format=png&auto=webp&s=44a4111dddd126729769612bd27e1ebc30753e14
https://cryptoiq.co/bitcoin-gold-a-shitcoin-vulnerable-to-attack-despite-200-million-market-cap/
The War On Shitcoins Episode 1: Bitcoin Gold (BTG). The war on shitcoins is a Crypto.IQ series that targets and shoots down cryptocurrencies that are not worth investing in either due to their being scams, having serious design flaws, being centralized, or in general just being worthless copies of other cryptocurrencies. There are thousands of shitcoins that are ruining the markets, and Crypto.IQ intends to expose all of them. The crypto space needs an exorcism, and we are happy to provide it.
There are more than 2,000 cryptocurrencies listed on CoinMarketCap, and Bitcoin Gold (BTG) is near the top at number 25 with a market cap of $207 million. This would seem to indicate that Bitcoin Gold is a major cryptocurrency, but it is simply a copycat of Bitcoin with one key and debilitating difference that makes it worse than Bitcoin. Bitcoin Gold is designed to block ASIC miners, leaving only GPU miners.
The idea was that GPU miners would rally around Bitcoin Gold since GPU Bitcoin miners were disenfranchised by ASIC miners years ago. Ultimately, this decision to only allow GPUs resulted in such a low mining hash rate that Bitcoin Gold is vulnerable to 51 percent attacks, and a serious 51 percent attack has already happened once. Further, Bitcoin Gold has had centralization problems from the very beginning.
When Bitcoin Gold launched in November 2017 the developers did a massive premine of 8,000 blocks, which yielded them about 100,000 BTG. At today’s price $12 this is $1.2 million, and when BTG’s price peaked near $500, this was $50 million. This premine is unfair to other BTG miners, traders, and investors. Supposedly, the premined BTG were placed in an “endowment,” which means the developers will receive all of that money eventually, just not all at once. There is no way to verify if this is even true, however, and the excessive 97 percent BTG price crash since January 2018 might be partially due to developers dumping their coins.
A far more serious issue than the premine is BTG’s lack of network security. BTG made mining ASIC resistant by using the Equishash Proof of Work (PoW) algorithm. However, ASICs were eventually developed for Equihash since ASICs can be developed for any PoW algorithm. In May 2018 a 51 percent double spend attack occurred on the Bitcoin Gold network, and a hacker stole $18.6 million from cryptocurrency exchanges that listed BTG. This caused the developers to hard fork in order to implement a newer version of Equihash that is supposedly more ASIC resistant. Clearly, the developers did not learn their lesson that there is no ASIC-resistant PoW algorithm. If Bitcoin Gold became valuable enough, someone would produce an ASIC for it.
It is unclear if Equihash ASICs were the reason for the 51 percent attack, since an attacker could literally just rent some hash rate on a cloud mining site and successfully 51 percent attack Bitcoin Gold. Currently it only takes 1.6 MH/s of rented mining power to successfully perform a double spend attack on the Bitcoin Gold network, and this costs about $1,000 per hour if the hash rate is rented from NiceHash.
Effectively, Bitcoin Gold is not cryptographically secure. The original purpose of banning ASIC miners so that GPU miners could thrive ended up being a fatal flaw for Bitcoin Gold. It is ridiculous that major exchanges like Binance and Bitfinex still offer BTG trading. This is a true disservice to the users of these exchanges and is a risk for the exchanges themselves.
Crypto users need to educate themselves thoroughly before buying any cryptocurrency, or they could end up buying a shitcoin like Bitcoin Gold just because it has a high ranking on CoinMarketCap. BTG has already lost 97 percent of its value since January 2018, and there is strong potential for it to become completely worthless once someone decides to rent some hash power and perform a vicious 51 percent attack.
submitted by turtlecane to CryptoCurrency [link] [comments]

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Bitcoin (BTC) Price Spikes after the Chain Swap. It has just been noticed that the price of Bitcoin (BTC) has reacted perfectly well to the recent chain swap of 200 million USDT performed by Tether, in conjunction with Binance exchange. Before the chain swap took place, BTC was changing hands below $9,000 resistance level. r/Bitcoin: A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money … Press J to jump to the feed. Press question mark to learn the rest of the keyboard shortcuts. Log in sign up. User account menu. 806. The CEO of Binance, a company with $200M yearly revenue, at a press conference. Close. 806. Posted by 2 years ago ... Find out if it's profitable to mine Bitcoin, Ethereum, Litecoin, DASH or Monero. Do you think you've got what it takes to join the tough world of cryptocurrency mining? CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC. To the right of the address bar, click the icon with 3 stacked horizontal lines. From the drop ... Bitcoin is a distributed, worldwide, decentralized digital money … Press J to jump to the feed. Press question mark to learn the rest of the keyboard shortcuts. log in sign up. User account menu. 1.2k. Binance $200M-8 months, Nasdaq $209M-47 years. Close. 1.2k. Posted by 1 year ago. Archived. Binance $200M-8 months, Nasdaq $209M-47 years. 195 comments. share. save hide report. 85% Upvoted ... BINANCE:XLMBTC Stellar / Bitcoin. Trend Analysis Chart Patterns STELLAR stellarlumens stellarbtc stellarusd STELLARLUMEN stellarbitcoin stellardollar stellarlumensanalysis STELLARS. 219 views. 15. 0. trendanalysis chartpattern stellar stellarlumens stellarbtc stellarusd stellarlumen stellarbitcoin stellardollar stellarlumensanalysis stellars. Stellar projection using fibonacci spirals. Another ... i actually did this, over the course of a month. and since nicehash's pay is directly based on what someone has bid for your hashing power for that day - you cannot look at the pools, then nicehash and decide what pays more. you have to go to the nicehash market place for EVERY COIN, and see what the top bid is for each, then determine what speed those coins your PC can run at (nicehash client ... Ethereum miner 10,000 mH/s 320 GPU rig Crypto forex ETH mining farm. Bitcoin. MORE DETAILS HERE … Tags. Ethereum. Show More . Facebook Twitter LinkedIn Pinterest Reddit Share via Email. Patricia Bakely . Earn Free Bitcoin Online with BTCpeek.com. Website; Income Investing Secrets Systems. Number Of Bitcoin Cash Whales Drop Following 39% Price Surge. Related Articles. TRON Will Partner With ... Binance reportedly saw its profits rise by nearly 2,800% from its first to second quarter of operation. Changpeng Zhao, the founder and CEO of the cryptocurrency exchange Binance, revealed in a LinkedIn blog post that profits stood at $200m in its second quarter; an increase of 2,757% when compared to the $7.5m profit it had made in the previous quarter. Binance platform can be used for trading Bitcoin, Bitcoin Cash, and Ethereum and also QTUM Coin, Iconomi or NEO Coin. A key feature of the platform is that only crypto currencies from Asia are traded here. That’s because the platform is focused on China and operates primarily in the Chinese markets. ICOs can be initiated and can be displayed on the platform even if they are not publicly ... Bitcoin community removes 23,450 BTC from exchanges. In the two months since the ‘Black Thursday,’ the total number of BTC i n exchange wallets dropped from 2.63 million BTC to 2.33 million BTC. The move away from exchanges has long been advocated by many Bitcoin experts and enthusiasts.

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✅Criptomoneda BNB coin +200% - Mejor rendimiento que el Bitcoin

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