Norwegian Air Offers Discount on Crypto Payments as its Owners Chalk Bigger Plans

Reportedly, Shuttle, aka as , which cheap flights worldwide is reeling under financial stress. The Airline company has been unable to generate profits in the last couple of years. The management, has hence, looked to diversify their business into cryptocurrencies. As reported earlier on Coingape, the Norweigian Founders are launching a cryptocurrency […]
: bitcoinwarrior
Norwegian Air Offers Discount on Crypto Payments as its Owners Chalk Bigger Plans

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Tron’s dAppChain Offers Unlimited dApp Capacity for Developers

Tron’s dAppChain Offers Unlimited dApp Capacity for Developers

This article was originally posted on The Merkel – with a dedicated cryptocurrency news section and also a variety of educational articles relating to , […]
: cryptonewsmonitor
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Tron’s dAppChain Offers Unlimited dApp Capacity for Developers

tron logo

Scaling cryptocurrency projects is an ongoing challenge for a growing community of developers. Even , the seemingly increasingly popular project, has a need for scaling which might require some outside-of-the-box solutions. is a sidechain dedicated specifically to dApps. It will provide these apps and their developers with numerous benefits which can lead to a competitive ecosystem. 

A Sidechain for dApps

It is rather interesting to see how different cryptocurrency projects try to tackle similar problems with completely different solutions. In the case of Tron, it seems like a very interesting project has quite to fruition in recent days. Known as the dAppChain, it is a solution which a lot of potential benefits to the Tron ecosystem as a whole.

This dedicated sidechain for Tron dApps can unlock a wide range of possibilities and improvements. In theory, it offers unlimited capacity for the TRON main chain, although it remains to be seen if this concept can live up to expectations in this regard. Its consensus mechanism is the same as the mainchain, which also relies on DPoS. Virtually all of the main Tron functionality is found on this sidechain as well, which makes it a powerful addition to the ecosystem.  

The big Improvements

Infinite scaling is a mirage in the cryptocurrency world, as it seemingly does not exist except on paper. dAppChain does provide a lot of core improvements for dApps, however, which should not be overlooked. It offers lower energy consumption, faster speeds, and enhanced safety. Although all of those aspects are already of Tron itself, it never hurts to double down on the core values of a either. 

In terms of reduced resource consumption. The bigger dApps running on Tron technology will be the first to benefit from this aspect. Anyone with large transaction volumes will be glad to see their project run smoother and potentially attract more users along the way. The project is also extremely customizable, as users can access multiple sidechains whenever needed. Every single one of these side-sidechains is different from the main dAppChain itself. 

What Comes Next for Tron?

With this most recent development, one would expect there to be a genuine interest in Tron and this new sidechain for dApps. Although the TRX price has not budged in the slightest following this release, it is still too early to draw any real conclusions. Developers will certainly take notice of what is being offered to them. However, no immediate changes are to be expected either. 

In terms of competing with other dApp ecosystems, it remains to be seen how much of a role Tron will play in the grander scheme. Although it is a very prominent network, there is still a ton of work to be done before catching up to EOS becomes even a remote possibility. With this new sidechain, the possibilities are virtually limitless, but it is still up to developers to make the most of this new offering.


Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency or digital currency.

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Binance Offers 25 Bitcoin For Info About The KYC Blackmailer

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25 in for information about the person who attempted to extort funds from the and now they are even starting an investigation in the matter so let’ find out about it in the coming altcoin news below.

One week ago, the Malta-based exchange Binance stated that there was an unsuccessful extortion attempt. The blackmailer started distributing know-your-customer images and photos of traders holding their personal IDs in a Telegram chat room. Under the name Guardian M, the blackmailer asserted that the pictures were from the Binance exchange and some other exchanges. One of those publications has been since confirmed with some of the traders that their apparent KYC photos were real. The outlet also confirmed that there was an affected individual in the process but later turned out that the information on the ID was falsified.

It is still unclear how much of the data is authentic and where it comes from. The images could derive from a third-party provider or a phishing campaign that could have ensnared the identities of many individuals. The KYC data dump is not a result of an attempted exchange hack according to the Binance platform. In a announcement, the exchange issued a ‘’Statement on False KYC Leak’’ where it reveals that an anonymous person was demanding 300 in BTC for withholding 10,000 photos. This is why now Binance offers to pay up to 25 bitcoins in order to find the attacker. The exchange noticed that the data dump didn’t appear to come from binance itself and even had photos that the exchange didn’t put their in-house watermarks in.

What is also very important is that the exchange stated that the KYC images appeared to be from the ‘’same data set’’ which was reported in the cryptocurrency ecosystem earlier this year. The data was reportedly coming from top exchanges such as Binance and Kraken. The Kraken CEO at that time noted that the images lacked the internal watermarks as we read in some of the best cryptocurrency news sites reports:

 “This could easily be a ton of phished iCloud/GSuite accounts where people were auto syncing photos from their phones. There are just way too many possible sources of these images if you are looking back eight years.”

The post Binance Offers 25 Bitcoin For Info About The KYC Blackmailer appeared first on DC Forecasts – Leading Digital Currencies.


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Binance Offers 25 Bitcoin For Info About The KYC Blackmailer

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Binance offers more than $250,000 for any information regarding KYC data leak

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Tracker Offers One-Stop Shop for Easy Crypto Market Analysis

A price says it a visually compelling to text in tables for enthusiasts who want to monitor price movements #SPONSORED


: cointelegraph
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Saurel Offers Convincing Reasons Why Bitcoin is Better than Cash

bitcoin

People are becoming increasingly aware of the advantages of using . Now, developer Sylvain identifies several compelling reasons for preferring Bitcoin over conventional currencies.


“Bitcoin is Better than Cash”

The combination of an obsolete banking system and a three-thousand-year-old fiat monetary system is becoming incompatible with the borderless, decentralized, and fast-moving digital economic model.

As a result, a growing number of industry experts agree that BTC is better than cash. For example, in December 2017, Microsoft co-founder Bill Gates explicitly said, “Bitcoin is better than currency.”

Saurel now puts forward several reasons why Bitcoin is better than cash. These reasons are summarized below.

BTC helps users to satisfy their desire for hiding their wealth. According to Saurel, BTC could play the role of Swiss banks. Until January 2017, Swiss bank secrecy allowed rich people from all over the world to hide wealth. But now Swiss banks must share data in compliance with global standards on taxation.

The leading cryptocurrency can also help millions of adults who do not have access to bank services around the world. Indeed, over two billion people remain without bank accounts, according to a World Bank report published in April 2015.

In the U.., an FDCIC national survey revealed that in 2017, 6.5% of American households were unbanked. An additional 18.7 percent of the households were underbanked. In this regard, Saurel points out,

Bitcoin is, therefore, a blessing for unbanked people as it can provide them with access to equivalent services

Bitcoin’s Greatest Advantage: No Authority Controls Bitcoin

Central banks control fiat money. In contrast, Bitcoin is decentralized and under the control of no authority. Saurel remarks,

Again, this is a major advantage because no authority will be able to arbitrarily prohibit you from carrying out a transaction in Bitcoin.

Another plus is its ability to perform easy and anonymous online transactions. Although these transactions are registered on the blockchain, Saurel argues, only your wallet address is listed.

If you do not tell anyone that these addresses belong to you, no one will know what you have done with your .

Conversely, online cash payments are not private. Banks control online payments and know about all your purchases.

BTC is an Investment

Unlike with conventional cash, once a BTC payment is made, it is irreversible. Therefore, merchants can reduce their risks by avoiding customers who cancel their purchases.

Moreover, BTC is an investment because traders can exploit Bitcoin’s volatility to make capital gains.

Lastly, Saurel considers Bitcoin to represent a great revolution. Thus, he advises,

“Without going as far as the Bitcoin Maximalists, you could choose to buy and use Bitcoins to be at the beginning of a revolution that will have huge impacts on the future of money.”

What other reasons can you think of to explain why Bitcoin is better than cash? Let us know your thoughts in the comments below!

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The post Saurel Offers Convincing Reasons Why Bitcoin is Better than Cash appeared first on Bitcoinist.com.


: bitcoinist
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