Coindcx Launches Indian Crypto-to-Crypto Exchange Amid Regulations News

Coindcx Launches Indian Crypto-to-Crypto Exchange Amid Regulations

This week the Reserve Bank of India (RBI), the country’s central bank, has banned banks from dealing with cryptocurrency businesses. Indian financial institutions have three months to cease doing business with digital asset operations but some of them may stop facilitating INR settlements. News.Bitcoin.com spoke with Sumit Gupta the founder and CEO of a new Indian digital currency exchange called Coindcx. Gupta told us about his team launching a cryptocurrency trading platform in the midst of regulatory uncertainty. Also read: Help Wanted! Japan Needs Crypto Engineers Launching an Indian Cryptocurrency Exchange During Regulatory Uncertainty Sumit Gupta is launching a cryptocurrency...
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Hyperblock to Acquire Cryptoglobal for $106m and Create Mining Behemoth News

Hyperblock to Acquire Cryptoglobal for $106m and Create Mining Behemoth

The cryptocurrency mining market in North America is facing a major consolidation as one of the biggest players is taking over another. The resulting combined company will be publicly traded and control over 21,000 rigs, consuming 28 MW of power and with an ability to grow to over 90 MW.    Also Read: Bitcoin Mules Flood China as OTC Cryptocurrency Trading Flourishes Global Consolidator Canadian cryptocurrency mining firm Cryptoglobal (TSXV: CPTO) and the owners of the largest US-based mining farm Hyperblock have announced that they have reached an agreement that the latter will acquire the former. Under the terms of the deal, Hyperblock...
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Your bank will not allow you to buy bitcoins anymore News

Your bank will not allow you to buy bitcoins anymore

You will not be able to buy cryptocurrency via banks or e-wallets etc. in India anymore as the Reserve Bank of India (RBI) has banned them with immediate effect from "dealing with or providing services to any individuals or business entities dealing with or settling virtual currencies". RBI, while announcing its first bi-monthly monetary policy for the FY 2018-19, has announced that any entity regulated by them such as banks, wallets etc. shall not deal with or provide services to any i ..
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A Safe Hard Fork is the same as a Soft Fork:Ending the Soft/Hard Fork Debate News

A Safe Hard Fork is the same as a Soft Fork:Ending the Soft/Hard Fork Debate

Original By: Jiang Zhuo’er This post was translated from the Chinese version originally posted on hiswift. The scaling debate has turned into a big ugly hairball in which the technical ideas, politics, and profit motives of all the players have become tightly entangled together, making it difficult for the casual observer to make heads or tails of the issues at the heart of this debate. The goal of this text is to perform a thoughtful and thorough analysis of both sides, to put an end to the fighting, and to cut to the main technological issues that are in contention....
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How A Mysterious Miner Could Decide Bitcoin’s Future News

How A Mysterious Miner Could Decide Bitcoin’s Future

Bitcoin’s “most professional mining pool” has become its most controversial. Following months of debate over how to scale bitcoin’s transaction capacity, the conversation has become newly contentious as progress on much-hyped solutions continue to face the kinds of delays that perhaps should be expected when working with novel technologies. This lack of progress (real or perceived) has so far most affected bitcoin’s business community, many of which are dependent on technical improvements in the network for additional growth. Indeed, while bitcoin’s primary development group has its share of detractors, the majority of startups and service providers continue to support Bitcoin...
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WINGS picks Chandler Guo to access Chinese exchanges, Ethereum Classic community News

WINGS picks Chandler Guo to access Chinese exchanges, Ethereum Classic community

Drafting Chinese angel investor in Bitcoin and Ethereum startups, Chandler Guo, onto the WINGS Foundation’s Board of Advisors will widen the platform’s access network across the East-West crypto market including to connect some of the world’s top digital currency exchanges.   Guo with WINGS’ Stupurac   China in particular has been gearing up to the potentials of the blockchain technology of late with recent moves showing keen interest that could contribute to bridging the gap between the two sides of the dichotomy. According to WINGS’ Project & Product Advisor Sebastian Stupurac, bringing Guo on board as a known crypto entrepreneur worldwide –...
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CTO’s Read: Mainstream Blockchain Architectures’ Analysis by Antshares’ Erik Zhang News

CTO’s Read: Mainstream Blockchain Architectures’ Analysis by Antshares’ Erik Zhang

The original text is written by Erick Zhang in Chinese on Chinese site of hiswift. (see article). Erik Zhang, the brain behind Antshares. Contact him: erik@antshares.org      Antshares Whitepaper. I.A General-knowledge lesson on Blockchain Since the inception of Bitcoin in 2009, we have seen the fast development of Blockchain systems or Blockchain-based applications that have been built in various scenarios, which is the epitome of the continuing changes and improvement of Blockchain technology. Blockchain is a distributed ledger. Unlike centralized ledger like a bank, it ensures ledger’s safety by storing the data on each node of the network. Simply put, Blockchain...
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China company to build world’s first “Blockchain Farm”  with IOT data News

China company to build world’s first “Blockchain Farm” with IOT data

Zhongnan Construction (SZ:000961) announced that the company plans to contribute 297 million yuan(~43 million USD) to set up Zhongnan Constrcution Blockchain Agricultural Company in Shenzhen. Along with Beidahuang(SH:600598), the new branch company will set up a joint company to build a agricultural product trading platform and financial platform on the basis of the agricultural data, and establishes a supply and certification traceability system based on blockchain technology for agricultural products. The Zhongnan Company invest 299.99 million yuan, holding 80% stake in the joint company, while Beidahuang invest 1 yuan to hold 20% shares. Beidahuang partners with Zhongnan to build a...
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Deciphering of Bytom’s Data Structure News

Deciphering of Bytom’s Data Structure

Author: Guo Guanghua, developer of Bytom, worked at ARRIS Group for years, former Java developer at Crypape Inc. One of the developers of CITA-Inter-Enterprise Trust Automation and smart digital draft system ZhongChao Smart Card Research Institute. Contributed code to Parity (Ethereum client), Blog: Gguoss.github.com Many technical features have been introduced when designing the data structure of Bytom, like patricia tree,utxo, bvm, account model,protobuf,sql,memcache etc. The article explains why and how these features are implemented in Bytom. PAT Tree Why use PAT Tree? 1. PAT tree allows fast lookup, a feature of Radix Tree(https://en.wikipedia.org/wiki/Radix_tree) 2. PAT tree allows fast data verification,...
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Bitmain To Release Antminer X3 CryptoNight ASIC miner with 220 KH/s Hashrate News

Bitmain To Release Antminer X3 CryptoNight ASIC miner with 220 KH/s Hashrate

The Chinese cryptocurrency mining hardware manufacturer Bitmain has just launched the all-new Antminer X3 CryptoNight ASIC miner which is much more powerful than what Baikal miner is offering. The Bitmain Antminer X3 promises 220 KH/s hashrate for Cryptonight at 550 Watts of power usage. The new X3 miner can be used to mine Monero (XMR) and other cryptocurrencies based on the CryptoNight hashing algorithm. An Antminer X3 miner is 11 times more powerful than the Baikal Giant-N Cryptonight ASIC miner at roughly 2 times higher price. The official Twitter account of Bitmain dropped a tweet yesterday, announced that there are...
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