Bitcoin Cash [BCH] is fully focused on adoption of cryptocurrencies in commerce, says Roger Ver

The cryptocurrency space is finally getting mainstream attention these days, following the efforts of the many thought leaders who have worked hard towards its promotion and subsequent adoption. Roger Ver is one of these thought leaders, with Ver promoting Bitcoin Cash [BCH] as the original Bitcoin. In doing so, he recently featured in an interview to discuss BCH’s new capabilities and its work against the current system of law.
Ver began by speaking about BCH’s latest innovation, “self-custodial blind escrow,” as a differentiator from the current cryptocurrency leader, Bitcoin [BTC]. He explained,
“This (blind escrow) platform allows anybody to buy and sell Bitcoin Cash [BCH] in any country and any payment method, with no AML KYC required from Bitcoin.com. The people are only required to abide by their local regulations.”
The core of this technology is powered by a special op-code that leverages a third-party’s datasig to verify and settle payment or transaction disputes. While highlighting that BTC did not support this feature yet, Ver stated that neither the chosen third party authority nor Bitcoin.com will hold any access to the transaction data, due to the system’s end to end encrypted infrastructure. He also supported BCH’s sluggish trading value recovery by saying,
“If you want the long term price to go up, you should be focusing on the adoption of cryptocurrencies and commerce. And that’s exactly what we’re doing at Bitcoin Cash.”
Global BCH trading has commenced from June 4th, in honor of the 1989 Tienanmen Square protests in Beijing, China. While the move strongly hints at Ver’s attempt to monopolize the crypto-hungry Chinese market, he stressed that people from across the world can use any payment methods to make BCH purchases, including “PayPal, wire transfer or even a suitcase full of cash at Starbucks.”
Speaking about the implications of using Bitcoin.com’s services in countries where crypto is banned, Ver compared the situation with marijuana’s legality, stating,
“If a law is a bad one or a stupid one, people should disobey it. Smoking a plant that makes you feel happy isn’t a crime.”
He also pointed out the problem of tribalism in the crypto-community, while complimenting peer blockchains including Ethereum, Dash, Monero, and Zcash. On the other hand, Ver called out the bad players that attempted a hack on the Bitcoin Cash network during the recent hard fork. As a collective response on behalf of other prominent leaders such as Peter McCormack and Vitalik Buterin (who are also sued by BSV’s Craig Wright), Ver said,
“Craig, you’re wasting everybody’s time and retarding the rate of economic growth at the entire world by wasting everybody’s time. So please stop, go and go and live your life and do something else.”
The post Bitcoin Cash [BCH] is fully focused on adoption of cryptocurrencies in commerce, says Roger Ver appeared first on AMBCrypto.
Source: AMB Crypto

Vitalik Buterin: Bitcoin SV is a Scam but Binance May Be Centralizing Its Power

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Vitalik Buterin: Bitcoin SV is a Scam but Binance May Be Centralizing Its Power
Ethereum co-founder Vitalik Buterin has publicly questioned both Binance and Bitcoin SV in an interview he gave to YouTuber Hardcore Crypto. He called Craig S Wright’s Bitcoin SV a “complete scam”.
Vitalik Buterin: Bitcoin SV is a Scam but Binance May Be Centralizing Its Power

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Source: CoinSpeaker

Binance CEO Turns Down Justin Sun’s Offer to Join $4.5M Lunch with Warren Buffett

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Binance CEO Turns Down Justin Sun’s Offer to Join $4.5M Lunch with Warren Buffett
Changpeng Zhao of Binance declined an offer to attend Justin Sun’s $4.5 million lunch date with Warren Buffet before taking a jibe on the legendary billionaire for his vehement criticism of cryptos.
Binance CEO Turns Down Justin Sun’s Offer to Join $4.5M Lunch with Warren Buffett

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Source: CoinSpeaker

Ethereum’s Vitalik Buterin says, ‘Bitcoin SV is a complete scam; Binance has a lot of power’

Recently, Vitalik Buterin, the creator of Ethereum [ETH], the leading smart contract platform and the second largest cryptocurrency, spoke about Bitcoin SV and the famous episode of the coin being delisted from Binance. Buterin also elucidated about his opinion on centralized exchanges, in an interview for The Great Ave podcast.
The creator, who previously stated that “BSV is a pure dumpster fire“, remarked that the Craig Wright backed digital currency was “obviously a complete scam”, adding the coin being delisted from one of the biggest exchange was “interesting”. He further pointed out that there were arguments that were in favor of the step taken by Binance and also the other way around, where the argument was that it was an exchange “wielding a lot of centralized power.”
This was followed by Buterin stating that Binance, in reality, does have “a lot of power” and that it was “wielding it in a lot of ways”. Under this, Vitalik highlighted the points of the exchange asking for “big listing fees” and its influence over tokens, where the exchange “influences which coins win and lose” by choosing its trading pairs.
Buterin went on to state,
“it’s weird to kind of criticize like that one decision without looking at all their others […] the more long-term thing is, […] I do really want to decentralize exchanges to succeed and at least kind of offer enough of a level of service that coins tokens can exist and do well like even regardless of what centralized exchanges do”
In October 2018, Binance released an official statement on its blog post, declaring that all its listing fee would be donated to its charity initiative, Blockchain Charity Foundation. Additionally, the exchange had stated that it would donate 100 percent of listing fee and also make the process transparent. This move was made by the leading exchange in order to “increase the use of blockchain for greater good”. The exchange had stated,
“Project teams will still propose the number they would like to provide for a ‘listing fee’, or now more appropriately called a ‘donation’. Binance will not dictate a number, nor is there a minimum required listing fee”

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Source: AMB Crypto

Ethereum is mostly a browser plug-in for Bitcointalk, says Director of Research at Tierion; Vitalik Buterin replies

Recently, Paul Sztorc, Director of Research at Tierion, commented on Ethereum [ETH], the second largest cryptocurrency by market cap and a leading smart contract platform. This comment eventually grabbed the attention of Vitalik Buterin, the creator of Ethereum, who replied to his statement.
Paul Sztorc had tweeted,

This is just what Ethereum does all day
After BTC popularized Lightning, Eth “invented” Raiden, confidentially the name (if you didn’t know) of a video game character that fights with lightning bolts https://t.co/sN9XAbRToJ
— Paul Sztorc (@Truthcoin) May 27, 2019

The Bitcoin Researcher went on to state that it was possible that Ethereum “had invented *nothing* at all,” further asking whether there was any Ethereum idea that was not previously discussed on Bitcointalk. He remarked that Ethereum was “mostly a browser plug-in for bitcointalk.”
This was however countered by Cyrus Younessi, Risk Management Lead at MakerDAO, who affirmed that execution was everything, implying that neither where it came from nor who thought of it was important. He further added that whether Ethereum invented anything or not did not really matter.
However, Vitalik Buterin disagreed with the remarks made by Cyrus Younessi, adding that ideas were indeed easily copyable, “but it’s also true that nuggets of insight can lead to epochal leaps of progress in a field.” He added,

The bitcoin whitepaper itself was arguably a major instance of that. The code quality was apparently quite bad, see thread; but the idea was powerful enough to bring in people who could fix it.https://t.co/PjzmJbjBxK
— Vitalik Non-giver of Ether (@VitalikButerin) May 27, 2019

This was followed by Buterin listing ideas invented by people working on Ethereum. This included the gas mechanism, Casper FFG, Casper CBC, several concepts in blockchain sharding, Plasma MVP, concepts in state channel design, data availability proofs, and constant product market makers.
The post Ethereum is mostly a browser plug-in for Bitcointalk, says Director of Research at Tierion; Vitalik Buterin replies appeared first on AMBCrypto.
Source: AMB Crypto

Binance CEO Collecting Charity to Fight Craig Wright

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Binance CEO Collecting Charity to Fight Craig Wright
Binance CEO Changpeng Zhao established a new Binance Charity Foundation program to help out those who struggle to pay legal fees after being sued by Craig Wright. In such a way, he wants to prevent the self-proclaimed Satoshi from bullying people.
Binance CEO Collecting Charity to Fight Craig Wright

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Source: CoinSpeaker

CFTC Ready For Ethereum Futures, Will ETH Price Rise to $200?

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CFTC Ready For Ethereum Futures, Will ETH Price Rise to $200?
The U.S. Commodity Futures Trading Commission (CFTC) said they are willing to approve Ethereum futures contract – provided it does everything right.
CFTC Ready For Ethereum Futures, Will ETH Price Rise to $200?

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Source: CoinSpeaker

Craig Wright Ordered to Provide Bitcoin Ownership Records

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Craig Wright Ordered to Provide Bitcoin Ownership Records
The order directs Wright to produce a copy of documents detailing the “formation, administration, and operation of the blind trust” to the plaintiffs.
Craig Wright Ordered to Provide Bitcoin Ownership Records

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Source: CoinSpeaker

Singapore Govt Set To Issue Graduate Digital Certificates on Ethereum Mainnet

The recent report reveals that Ngee Ann Polytechnic, a Singaporean education institution is set on blockchain technology to issue ‘tamper-resistant’ digital certificates. Accordingly, graduate students from local schools, junior colleges, and tertiary institutions will obtain digital certifications from this year.
It was first confirmed by Singapore Education Minister Ong Ye Kung on May 03, 2019 – per the announcement, a Government-led initiative ‘OpenCerts’ which is powered by Ethereum blockchain -will cover 18 educational institutions to processed digital certificates for graduate students in Singapore. The Opencert is a collective effort by the Ministry of Education (MOE), Government Technology Agency (GovTech), SkillsFuture Singapore (SSG), and National Ann Polytechnic (NP).
The update looks quite surprising to the founder of Ethereum, Vitalik Buterin who took Twitter and appreciates the initiation. He states as follows;
Source: Twitter
However, his tweet quickly gained much attention with both positive as well as criticizing comments. One such user criticized his opinion of using blockchain for certification’ – with this, he states ‘You don’t need a blockchain for this. Given a valid certificate, to check revocation status you can simply ask the issuing institution’. As a response to this comment, Vitalik posted continued tweets and justified why digital certifications based on blockchain is worth considering in Singapore.
Source: Twitter
You only need the blockchain for the *revocation* list; certificates that have been *issued* would simply be signed (and this is how this specific app actually works).
The decision to employ ETH powered Opercert blockchain platforms comes as a solution to resolve productivity issues. This process purges two key requirements – physically leveraged document and verification mechanism.
Also Read: Elon Musk Just Kidding with the ‘Ethereum’ Tweet; Crypto-Twitter Goes Hysteric Anyway
Concerning what Opencerts will do in educational institutions, Ngee Ann Polytechnic Principal Clarence Ti says that;
“We issue over 4,000 diploma certificates and other kinds of certificates every year. The process of verifying the authenticity of certificates can be very manual,” he explained. “With blockchain, we can simplify this process, make it user-driven, and boost productivity. Not only will this help students effectively kickstart their career, but employers also get them on board with minimal hassle.”
What’s your stake on Digital certifications on top of ETH mainnet.? let us know in the comment below.
The post Singapore Govt Set To Issue Graduate Digital Certificates on Ethereum Mainnet appeared first on Coingape.
Source: CoinGape

Changpeng Zhao Proposes Cryptocurrency Named SpaceXcoin to Elon Musk

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Changpeng Zhao Proposes Cryptocurrency Named SpaceXcoin to Elon Musk
Crypto community has made numerous attempts to lure SpaceX’s and Tesla creator Elon Musk into the crypto family. The latest try comes from Binance’s CEO offering Musk make his own coin called ‘SpaceXcoin’.
Changpeng Zhao Proposes Cryptocurrency Named SpaceXcoin to Elon Musk

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Source: CoinSpeaker

Musk Trolling Ethereum for Real or As a Result of SEC Decision?

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Musk Trolling Ethereum for Real or As a Result of SEC Decision?
Crypto-Twitter is known for its hysterics. Elon Musk challenged this fact when he just tweeted “Ethereum”, and it went in a frenzy as expected, being re-tweeted more than 3000 times in only 2 hours.
Musk Trolling Ethereum for Real or As a Result of SEC Decision?

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Source: CoinSpeaker

Elon Musk Just Kidding with the ‘Ethereum’ Tweet; Crypto-Twitter Goes Hysteric Anyway

Elon Musk, one of the most successful entrepreneurs and brightest minds of the 21st century is looked up to for a lot of reasons. The CEO of SpaceX and Tesla needs no introduction almost everywhere in the world. He has 26.2 million followers on Twitter and more often than not Musk indulges in light-hearted banter with the Twitter community.
Crypto-Twitter (CT), on the other hand, is known for its hysterics. Any cryptocurrency related tweet be it allegations, opinions, or news invites an avalanche of tweets and it spreads like fire.
Elon Musk once again put this fact to test on early morning 30th April 2019. He just tweeted the name of one of the most popular cryptocurrencies, and CT went in a frenzy as expected. It was re-tweeted more than 3000 times in only 2 hours.

Ethereum
— Elon Musk (@elonmusk) April 30, 2019

However, he had also followed the Tweet with a reply saying:

jk
— Elon Musk (@elonmusk) April 30, 2019

Vitalik Buterin, the co-founder and lead figurehead of Ethereum was delighted by the joke, invited Elon to the Ethereum DevCon.
You should come to our Devcon in October 🙂
The Twitter thread grew longer with each passing minute, as Justin Sun came to shilling Tron and Bittorrent. A similar tweet was sent by Gabor Gurbacs, the CEO and Digital Asset Director at VanEck also sent a two-word reply shilling his favorite coin.

No. #Bitcoin
— Gabor Gurbacs (@gaborgurbacs) April 30, 2019

It is sort of building up as an inside joke between Elon and the Crypto-community because this isn’t the first time for Elon. Earlier Elon this year Elon had mentioned that Dogecoin was his favorite cryptocurrency. In the turn of events that followed, rather not surprisingly, the price of Dogecoin started gaining extreme momentum in the following days. Elon Musk, due to his entrepreneurial brilliance and being the founder of Paypal has also been occasionally dubbed as ‘Satoshi Nakamoto.’
Nevertheless, the strong conviction and optimism of the Crypto-Twitter community have been unshaken in the face of negative market sentiments and criticism. Elon Musk has also been drawn towards it with a positive outlook.
Also read: Elon Musk Believe Bitcoin is Better Than a Paper Money, Calls it ‘Quite Brilliant Structure’
Furthermore, the cryptocurrency fanatics are always wary of big movements in the market. Any positive or negative piece of news has a considerable impact on the price of the cryptocurrency almost instantly. This highlights the vulnerability of the markets, currently. However, it wasn’t witnessed on this occasion as the price of Ethereum is still below $160. Hence, no resistances have been tested yet.
Do you think that the markets are becoming stronger and stabler with time or vulnerability still exists? Please share your views with us. 
The post Elon Musk Just Kidding with the ‘Ethereum’ Tweet; Crypto-Twitter Goes Hysteric Anyway appeared first on Coingape.
Source: CoinGape

Craig Wright takes potshots at Hodlonaut, Binance’s CZ and John McAfee in latest interview

The spat between Craig Wright and Hodlonaut is far from over. In a recent interview with Crypto Finder, nChain’s Chief Scientist took a jibe at the #LNTrustChain initiator. Wright stated that Bitcoin SV [BSV] had a massive number of data centers to help send “cat photos really fast”. He went on to say that these cat photos were all over social media, be it Twitter or Facebook.
The Australian computer scientist also mentioned “grumpy cats” and “happy cats” in light of Hodlonaut having a Cartoon Bitcoin Astronaut Cat in his profile picture. Following the defamation suit filed by Craig Wright and Calvin Ayre against Hodlonaut, several BTC enthusiasts changed their profile pictures to an astronomical cat, in solidarity with Hodlonaut. He said,
“We don’t really care, but cat photos [are] everywhere.”
Ethereum’s creator Vitalik Buterin also received a similar legal notice, asking him to issue an apology to the fork coin creator.
During the interview, the self-proclaimed Satoshi Nakamoto said that he created Bitcoin in the 1990s with the help of “some really good coders”. Talking about building a completely decentralized distributed system, he further claimed,
“I have actually tried what is like the wet dream of things like Ethereum.”
Going further, he took a potshot at Binance’s CZ, stating that his work is centralized and that there is no such thing as DEX or decentralized exchange. He added,
“That’s a fraud to try and get people to invest their money, Exchange requires regulation and liquidity to work.”
Further, Wright went on to call John McAfee a “conman” stating that he wants the software pioneer in court. The fork coin creator also claimed that McAfee had “charges for conning people” and facilitates “token scams”. He added,
“Please sue me Mr. McAfee. I actually got some evidence on you.”
The post Craig Wright takes potshots at Hodlonaut, Binance’s CZ and John McAfee in latest interview appeared first on AMBCrypto.
Source: AMB Crypto

Ethereum [ETH]: Vitalik Buterin pays no heed to Wright’s legal notice, labelled “unlawful” by BSV’s Ayre

The curious case of Craig S Wright, the self-proclaimed Satoshi Nakamoto, and his dishing out of legal notices to the cryptocurrency community has not died down yet. The latest fury arose when Vitalik Buterin, the co-founder of Ethereum had irked the BSV camp by paying no heed to the “Letter of Claim” addressed to him.
Calvin Ayre, the spearhead of the Satoshi’s Vision project alongside Wright, labeled Buterin’s dismissal of the legal notice “unlawful”. He further delved into the mindset of the Ethereum co-founder, stating that Buterin was aware that Wright is, in fact, Satoshi Nakamoto.
His April 25 tweet attacking Vitalik Buterin read,
“Vitalik is loud, annoying, immature and just play unlawful, but is ignoring his opportunity to prove his case. I would say Vitalik already knows #CraigisSatoshi and has been attacking only as a way to unlawfully attempt to stop superior technology.”
In the aforementioned tweet, Ayre referenced an article by his cryptocurrency-specific media house Coingeek, detailing the episode. According to the article, on April 12, Buterin was served a “Letter of Claim” by Craig Wright’s lawyers, owing to the “defamatory comments” made by the former against the latter.
Buterin has previously referred to proponents of the camp as “BSV shills” and had questioned panel discussions hosting them. Notably, he expressed deep anguish at these “shills” being given airtime at the recently held Deconomy Forum.
The mentioned “Letter of Claim” necessiated a response from Buterin on April 23, according to the Coingeek article. Because of this, the article suggested that Wright’s lawyers would serve a formal “Claim Form, or Writ, against Buterin which has been issued by the High Court of Justice, Queen’s Bench Division in London, England”.
During the delisting dilemma that saw BSV being booted out by several top exchanges like Binance, Kraken and Shapeshift, Buterin published an article surrounding free speech. His article read:
“Delisting BSV is more like reallocation of a scarce resource (attention/legitimacy) than it is censorship.”
Peter McCormack, another target of the legal campaign by the BSV camp, responded to the notices, unlike Buterin. Far from apologizing for his comments, McCormack doubled down, stating Wright’s “attempts to silence and bully people to protect his fraud and lies is an attack on Bitcoin”.
The hue and cry from the BSV camp regarding the identity of Nakamoto could be settled once and for all, with a set of charts showing the public activity of Nakamoto and Wright, in the 2009-2010 period. Charted based on time of day, the data indicates that the “creator” of Bitcoin’s location was eastern North America, based on sleeping patterns and activity, while Wright’s location and activity correspond to him being in Australia, at the time.
The post Ethereum [ETH]: Vitalik Buterin pays no heed to Wright’s legal notice, labelled “unlawful” by BSV’s Ayre appeared first on AMBCrypto.
Source: AMB Crypto

Binance CZ Reveals How ETH Better Perform BNB Citing What Lacks ETH On the Other Side

Changpeng Zhao or CZ, CEO of Binance exchange is often known as a leader with more transparent thinking in cryptocurrency space. Once again, the man appears in the limelight while commenting on Vitalik Buterin’s Ethereum and its development community.
CZ: ETH Can Do Much More Than BNB
Nevertheless, Ethereum is the world’s second largest cryptocurrency wherein BNB is presently stood on the 7th largest spot on the graph of Coinmarketcap (in terms of market capitalization). Ethereum has been in the industry since 2015 wherein BNB emerged as Binance’s native token in the year 2017.
However, the token was initially built on ETH network and it has recently in migrating process on Binance chain, a newly launched Binance’s own blockchain network. After the long-awaited launch of Binance chain, a Twitter user posted a tweet that says ‘BNB to have a devastating effect on ETH’ – he further added that there’s no benefit of choosing ETH over Binance Chian.
Source: Twitter
CZ while responding to the above tweet decline the whole context and admired ETH over BNB in terms of features. While commenting, CZ says;
Source: Twitter
But ETH Development Community Lacks Focus
In a continuous conversation with Crypto Twitterati, CZ reveals ETH lacks on focus. A Twitter user ‘DLT_Oracle’ indicates ETH has an advantage over BNB in terms of huge development community and diversity among these community. He replied to CZ’s tweet and further adds to his post,
Binance’s Dex will have to compete with multiple Dex’s on ETH is unlikely ever to have as robust a network as ETH due to a lower diversity of
As a response, CZ points – unlike the BNB development community which is focused on only one thing despite being smaller, ETH development community does many different things. Binance CEO quietly challenges a quick race between the ETH development community and BNB development community. In his response, he says;
The eth dev community is unmatched. But they do many different things. Our #BNB dev community is much smaller but focused on one thing. Let’s see how it plays out.
Moreover to answer another query that asks ‘when delisting ETH’ CZ bets absolutely not and added. In a controversial BSV delisting debate, CZ says ‘ETH will be around for a long long time’.
Source: Twitter
Moreover, CZ and Vitalik met in a Deconomy Conference in Seoul held for two days on the 4th and 5th of April at the Jang Chung Arena. CZ shared his picture which was captured with Vitalik Buterin and two others on Twitter. Here it goes;
Source: Twitter
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Source: CoinGape