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Airbitz New Release Lets Users Choose Their Node Allegiances

bitcoin wallet provider and security platform Airbitz has released an update allowing users to choose which nodes they connect to.

Airbitz: Choice Is Part Of ‘bitcoin Ethos’

In a post Monday, the company cited “choice” as part of the “bitcoin ethos” as motivation for letting wallet holders decide the nodes they want to relay transactions with.

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“We realize that part of the bitcoin ethos is choice, and while consensus eventually needs to be met, the process by which we get there involves a vote on how to move the protocol forward,” the post reads.

Airbitz hopes to enable users to exercise their vote and support their protocol implementation of choice.

Scaling-Heavy But Still Neutral?

The move appears heavily tied to the ongoing bitcoin scaling debate. Airbitz users can now select whether to use nodes supporting a specific solution, such as bitcoin Core, bitcoin Unlimited or bitcoin Classic.

The wallet provider has traditionally taken a neutral stance towards any one solution, criticizing those taking sides at the expense of progress.

Airbitz

“At Airbitz, we do not take a stance on preferring one implementation of bitcoin over another,” a previous blog post from March read.

Instead, we believe the industry needs both bigger blocks, like bitcoin Unlimited proposes, and scaling solutions, such as Segregated Witness from bitcoin Core.

It added at the time that a hard fork of the bitcoin network “is both unlikely to happen, and unlikely to result in the continued existence of the weaker chain.”

No Full User Control

The latest incarnation of the wallet meanwhile privileges connection quality over customer preferences.

6 reasons to run a bitcoin full node

“The Airbitz architecture by default connects to various Electrum based public bitcoin nodes to query and send transactions to the bitcoin network,” Monday’s post continues.

Part of that architecture, which is inherent to other mobile, light-client SPV wallets, is to choose nodes that follow the longest chain.

“You can enter as many servers as you wish, but note that Airbitz will only connect to 4 nodes and will chose those that provide the best network connectivity.

The release mimics that of bitcoin Core’s latest update, which facilitates an opt-in system whereby non-SegWit supporting miners can still be accepted.

Airbitz has also taken an increasing interest in revitalized DAOs in recent months, having in November partnered with Wings.ai to increase its Blockchain app security portfolio.

What do you think about the new Airbitz wallet? Let us know in the comments below!

Images courtesy of Airbitz.co, twitter.com, Shutterstock

The post Airbitz New Release Lets Users Choose Their Node Allegiances appeared first on Bitcoinist.com.

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Crypto-coin Promises to Boldly Go Where No Other has Gone Before: Shooting for the Moon, Landing Among the Asteroids

It is becoming increasingly apparent that the future didn’t quite go as we had thought, not yet that is. With flying cars and teleportation machines still high on the wish list of humanity, we make do by identifying and exploring new scientific frontiers – fuel for our imaginations and dreams.

[Note: This is a press release.]

It’s almost magical: knowing that out there, somewhere, is a powerful new source of energy, money and vital resource, ready to be mined.

It’s not just blockchains that are plentiful in their coveted bounties, and the internet is not the only resource-rich environment in our known universe. From our terrestrial economies, we take a giant leap towards space and look to Asteroid Coin to guide us towards the riches of outer space.

In a trailblazing effort and world-first, the people at astrcoin.io are making what seems like fiction, a reality. Powered by Ethereum, the ambitious ASTR tokens will allow users to register claims to the estimated 600,000 identified asteroids in our near celestial orbit, using smart contracts and the revolutionary BlockClaim mechanism.

According to the ASTRCOIN website:

The BlockClaim® mechanism is modeled after ICANN, a system familiar to us all, whereby individuals who desire to “claim” a website address apply for a specific website and register their domain.

There is an eye-watering approximation of $700 Quintillion dollars-worth of minerals within this asteroid belt. By using ASTR tokens, users can stake their BlockClaim to a specific asteroid within the decentralized database.

Digital magazine Brain Dump reports:

A single, 500-meter diameter asteroid contains more platinum than has ever been mined in the history of the Earth? There are over 2 million of these space rocks orbiting in the Asteroid Belt too, with an estimated billion dollars’ worth of platinum in each one. Including the gold, iron, nickel, water and other valuable elements that can be found there, NASA has estimated the mineral wealth of the entire Asteroid Belt could be as much as $700 quintillion or a seven followed by 20 zero. That’s $100 billion for every one of the 7 billion people on Earth!

A BlockClaim can only be registered with an ASTRCOIN, giving the token an integral liquidity — a crucial part of the ecosystem itself.

Presently, the ICO Pre-Sale is up and running, having started November 6th, 2017. The pre-sale will continue until the 20th of November, 2017. Pre-sale participants get a generous early adopter discount of 75%.

The ICO will then open to the public, issuing only 100,000,000 tokens out of their 200,000,000 token supply, which will scale down the discounts through week 1 – 4.

ASTRCOINS will also be available for trading on cryptocurrency exchanges once the Token Generation Event is over, while still maintaining their primary usage of being a means to register your BlockClaim.  

To find out more about the maverick project visit the company’s website.

ASTRCOIN is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Images courtesy of ASTRCOIN, iStockPhoto

The post Crypto-coin Promises to Boldly Go Where No Other has Gone Before: Shooting for the Moon, Landing Among the Asteroids appeared first on Bitcoinist.com.

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