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Showing posts from July, 2017

How Bitcoin Works...

Bitcoin is the future of money. It's the first decentralized digital currency that works person-to-person without needing a bank of central repository. What is Mining? Mining is the backbone that allows Bitcoin to function. New Bitcoins are created as a reward for miners who secure & verify payments in the blockchain. BitClub Opportunity With BitClub Network you earn daily profits from our shared mining pools. We also have a referral program so you can get paid for anyone you refer to Bitclub. Our Members Love us... I've never seen anything like this. Bitcoin is the money of the future and BitClub Network is the easiest way to get Bitcoin. I'm excited to be part of this! DATO KL, Malaysia When I joined BitClub I knew nothing about Bitcoin or Digital Currencies but now I am making money everyday and telling everyone I know about this. AMY ALBESCU Timisoara, Romania BitClub Network is helping to teach people about Bitcoin and t...

Could SPV Support a Billion Bitcoin Users? Sizing up a Scaling Claim

Jameson Lopp is a software engineer at BitGo, creator of statoshi.info and founder of bitcoinsig.com. In this opinion piece, Lopp takes a deep dive into claims that it's safe to remove bitcoin's block size limit and instead rely on existing "simplified payment verification" (SPV) methods. A new claim is being perpetuated in the bitcoin scaling debate. We're hearing that it is safe to remove the block size limit because bitcoin can easily scale to huge block sizes that would support billions of users via existing "simplified payment verification" (SPV) methods. Supposedly, SPV is very scalable due to the small amount of data it requires an SPV client to store, send and receive. Let's dig into this claim and examine it from multiple perspectives. How SPV works Satoshi  described the high-level design for SPV in the  bitcoin white paper , though it wasn't implemented until two years later when Mike Hearn created  BitcoinJ . Early SPV...

Curable: Pastor healed of the AIDS virus

January 4, 2017 0 Despite decades of research leading to a vast improvement in our knowledge of the virus and the diseases it causes, there is still no cure for HIV/AIDS – at least for scientists. For the Church at Miracle Center Cathedral, there is no such thing as incurable HIV. The Church testifies to the miraculous healing of an HIV/AIDS patient from Butambala District, Central Uganda. Also said to be a pastor, this lady’s HIV status was confirmed negative on attending the ongoing deliverance services labelled 77 days of Glory. “When she came to the platform to testify, she danced so much rejoicing over what the Lord had done for them.” Miracle Center says, adding that her associate was also healed from cancer. “I started preaching the gospel at a tender age, walking barefoot and putting on one cloth day after day. They used to call me mad, seeing that my head had grown short of hair. (This was because of the adverse effects of AIDS). Aids hurts, ” the ...

'First' Ethereum Decompiler Launches With JP Morgan Quorum Integration

The ethereum virtual machine (EVM) now has what appears to be its first ever decompiler designed to revert smart contracts into source code. Announced onstage today by the founder of cybersecurity startup Comae Technologies at the DefCon hacker conference in Las Vegas, the open-source EVM decompiler was designed to make it easier to identify bugs in ethereum  smart contracts . Coming at a time when a string of ethereum hacks have exposed the difficulty of writing secure smart contract code, the decompiler, called  Porosity , promises to let developers revert difficult to understand EVM bytecode back to its original state. Porosity developer and Comae founder, Matt Suiche, told CoinDesk: "The initial problem I was trying to solve by writing a decompiler is to be able to have the actual source code, without having access to the actual source code by reverse engineering." Also announced today, Porosity is now integrated with JP Morgan's open-source Quorum blockc...