Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Unfriendly Reminder: if you want to take charge of being your own bank and taking care of your crypto assets, it’s completely your fault if you get scammed due to negligence and greed.

I know this is going to come across as hyper critical but every time I see someone post about how they got "scammed" out of their crypto because they were chasing greed and some impossible "pay me first and get back 5x your return!" I start fuming. The crypto space has been around far long…
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ETH merge Timeline?

I’ve been seeing posts floating around the last month that the merge isn’t occurring Q1 2022 but has now been delayed until Q3 2022. However I haven’t been able to find anything “official” from devs or the Ethereum foundation. Does anybody have any information to help clarify when the merge timeline is expected to occur?…
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Why are my funds not Available? I’m trying to send to coinbase wallet to pay a transfer fee.

submitted by /u/HumansAreVariables [link] [comments]

Blockchain Domains and Wallet Advice Please!

Hi All, I've been following the crypto space and Ethereum in particular for a number of years now, however all of my activity has been limited to centralized exchanges. I'm interested in purchasing a decentralized domain (.ENS, .Crypto, etc) and have a few quick questions, Why should I chose say an ENS domain over something…
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The Taliban will never understand crypto, according to founder of LEARN Afghanistan

Pashtana Durrani described the Taliban as “people who were fighting in rural and very mountainous regions” who don’t have the proper background for modern financial literacy.

7 Days Rewards, 2miners vs Flypool

I made this test in the last 7 days. GPUS: 8x RX6800 Driver: 21.4.1 Clocks/Undervolt: 1350 core, 2150 mem. fast timmings, 690mv Hashrate: All between 34-35mh/s @ 118w I setup 4 GPUS to mine on 2miners and 4 on flypool simultaneous, to match the same difficult. Here are the results(rounded): ​ https://preview.redd.it/nylekkqgy5381.png?width=266&format=png&auto=webp&s=35c63e96983a161df487b4bc22d03d54cdec88b7 Thoughts? submitted…
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RedFOX Labs taps AIKON’s cross-blockchain ID solution for play-to-earn game ecosystem

AIKON, a cross-chain platform built on the ORE Network for user accounts, announced its newest partner, RedFOX Labs, a provider of metaverse experiences focused on retail, media, gaming, and rewards. Now, AIKON’s ORE ID will be RedFOX Labs’ single sign-on tool for universal user accounts on the entire RFOX ecosystem including RFOX Games, under the…
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XinFin XDC Network has Successfully Launched a Futuristic Andromeda Upgrade

XinFin is one of the most popular networks with millions of users connected all over the world. Its native major upgrade has gone live. XDC token ranks as the fastest-growing cryptocurrencies in the marketplace till today. With such popularity in the market, XinFin XDC Network was proudly released on 2nd December 2021. The XDC network successfully launched its delegated XDPoS consensus protocol at block number 38383838. The network thanked community members for their support to update to the current version. Congratulations @XinFin_Official community.🎉 “Andromeda” XDPoS upgrade successfully updated at block 38383838. We thank the community for all the support. The upgrade is the result of years of study & development by protocol scientists & Ph.D. professors. pic.twitter.com/RH3M5KZtV6 — XinFin (@XinFin_Official) December 2, 2021 Interestingly, this special update is marked as Andromeda, named after the galaxy by the community. Through this upgrade XDC network brings in unique features supportive to its users and to the community. In addition, the activation of this  incompatible protocol requests the users to agree for the Andromeda update to be a part of the XinFin XDC network. Undoubtedly, there are few energetic and brilliant minds supporting this special upgrade to the network. The upgrade is the result of years of study & development by protocol scientists & Ph.D. professors. Including Pramod Viswanath, Gerui Wang, Fisher Yu, Jerome Wang. Significantly, Andromeda update is planned and brought in to develop and expand the XDC network in the competitive market. Thus, let us revise all of its innovative features added to XinFin XDC Network’s Mainnet. The special benefit of the Andromeda update is, it will support the move of Ethereum’s EVM -compatible projects to XinFin network. Through this, XinFin developers will be powered to use the code from any EVM chains without any external transformations. In addition, it includes nearly zero gas fees, 99% low consumption of energy compared to PoW networks. Another fact is as the innovative upgrade is built upon the advanced BFT consensus protocol, it ensures the XDC network with a super power of military-grade security. Also the active performances in the network consumes low resources through the fully backward incompatible feature in terms of APIs. Thus, leading the XDC network to wave its flag high in its future evolution. Moreover, this important  Eth_chainId feature guards the system with 100% security protecting the repetitive transaction processes. As a notable function, the military-grade security is associated with forensic monitoring which removes the detected bad nodes in the network. Thus, this increases the master node owner benefits which results in these nodes joining the Mainnet system of XDC Network. Recently many projects started to position with XinFin XDC Network. As it gains a benefit in competing the XDC network over Ethereum network. On XDC Network, two new DEXes are about to be released, listing all the XRC20 Tokens. Currently the XinFin network holds 500+ contracts and 1 million active wallets as per the Block Explorer. Further, after the upgrade the XinFin XDC network will continue to render its support extending the present public ledger from the XDPoS1.0 version. Along with APIs to default browsers, exchanges and wallets will be modified into a fully backward compatible network. As an additional benefit, the transaction fees will be transferred to the owner’s address instead of the coinbase or miner’s address. Hence, this Andromeda upgrade is more transparent, increasing the trust and safety for both the network and the token. Thus, it creates a hype to choose XDC as a long term asset grabbing the entire investors community. As the crypto market is unpredictable, price fluctuations remain the same. But, through this massive update, XDC network will be empowered to be a strong competitor for Ethereum overcoming all major challenges in the industry. XDC coin which powers the xinfin network trading at $ 0.9 with various exchanges like kucoin, bitfinex, gate.io and bittrex as per coinmarketcap data.

Croatia’s Largest Supermarket Chain Rolls Out Bitcoin Payments

Bitcoin has spread its wings far and wide and no nation has been left out. All around the globe, there is bitcoin adoption going on, both as a payment method as well as an investment option. The latest company to implement bitcoin as a method is Croatian supermarket giant, Konzum. The move was announced on Wednesday as part of the chain’s mission to drive crypto payment adoption across its stores. Pay For Groceries With Bitcoin In the announcement, Konzum states that customers are now able to pay across its stores with bitcoin. Purchases for things like groceries, hygiene and household supplies, among other products can be checked out from the Konzum online stores that currently carry more than 12,000 items. Related Reading | MicroStrategy Follows El Salvador’s Lead As It Buys Bitcoin Dip The retail chain is the largest by far in Croatia. There are over 700 Konzum stores in the nation with over 10,000 employees across the chain. Konzum is basically the Walmart of Croatia as its retail outlets are located throughout the country. The chain also expands to Serbia and Bosnia and Herzegovina, serving over 650,000 customers each day. For now, Konzum customers can only pay with Bitcoin and other cryptocurrencies in its online stores. However, the supermarket chain plans to roll out crypto payments across all of its stores. This move is the first of its kind in Croatia, making Konzum the first and only retail chain in the country to accept crypto payments. “The introduction of cryptocurrency payments is another indicator that Konzum is constantly monitoring global trends, introducing innovations and setting the standard in the retail sector.” – Uros Kalinic, member of Konzum’s Management Board for Finance and IT BTC falls to $56K | Source: BTCUSD on TradingView.com A Faster And Easier Way To Pay Konzum which plans to implement crypto payments in its physical stores said that crypto payments are a simple way to pay. It likened the payment process to card payments which are a fast and efficient way to pay for everyday items. Customers will be able to choose Bitcoin and other cryptocurrencies as a payment method when they proceed to checkout on the online store. Related Reading | Canada Marks Launch Of First Bitcoin, Ethereum ETFs With Monthly Payouts Konzum will use the PayCek system to account for the highly volatile nature of cryptocurrencies. Although exchange rates may change in a short time, PayCek will place a fixed exchange rate at the time of checkout with adequate time to carry out the transaction at the rate displayed. Currently, Konzum’s online store will accept nine cryptocurrencies. These include Bitcoin, Ethereum, Bitcoin Cash, USDC, USDT, EOS DAI, Ripple, and Stellar Lumen. Kalinic also added that Konzum plans to continue its commitment towards the development of innovative technology. Featured image from CloudSavvy IT, chart from TradingView.com