Coinbase exchange broadcast it is supporting the withdrawal of bitcoin forks on its platforms. The information is contained in , a social blog, and at the same time on the .
According to the platform, the development gives room to customers to make ‘more easily withdraw assets associated with bitcoin Forks across all Coinbase products’.
“We are not announcing support for any specific assets at this time. As always, we look at technical, operational, and legal considerations when deciding which bitcoin Fork assets to support and will always state on our website which particular assets are supported,” the statement reads.
Talking on the importance of bitcoin Fork to the products of Coinbase, especially Coinbase Custody. The statement reflects that aims to build infrastructure to support future bitcoin forks, and it is possible to support more forked assets than GDAX or Coinbase for the foreseeable future.
According to the blog post, GDAX “will build infrastructure to support withdrawal of bitcoin Forks for assets stored on GDAX at the time of the fork. Adding withdrawal support for a bitcoin fork does not mean the asset will also be added for trading. Assets that are listed for trading will be independently evaluated using the .”
The bitcoin Fork is going to be supported by , since any forked assets listed on GDAX is automatically added to Coinbase Index.
When Is Coinbase Adding Ripple?
Crypto lovers are expecting the addition of Ripple on Coinbase. Last month, the rumor that Coinbase is planning to add the altcoin soared its price, until Coinbase dispelled the rumor, saying there is no .
“As of the date of this statement, we have made no decision to add additional assets to either GDAX or Coinbase. Any statement to the contrary is untrue and not authorized by the company.”
Coinbase Plans To Become An Alternative Trading System
on Friday, April 6, 2018, that Coinbase is in a discussion with the U.S. Securities and Exchange Commission to register as a legitimate broker-dealer company and electronic trading venue. The action is an aftermath of the U.S. regulators’ clarification on cryptocurrency.
The post appeared first on .
EDEN CHAIN PLATFORM
Good day,i would be writing about EDEN CHAIN.A next-generation blockchain platform for a decentralized world.I want you all to participate in this great platform which would be highly profitable.Today i would be writing about ;
WHAT IS EDEN CHAIN?PROBLEMS ENCOUNTERED AND HOW IT IS SOLVED,FEATURES OF EDEN CHAIN.
WHAT IS EDEN CHAIN?
This is a blockchain platform that allows all your values to be capitalized and traded. EdenChain is a blockchain platform technology that can capitalize and trade all types of assets with the programmable Economy Platform technology. By using the blockchain Smart Contract, you can capitalize all tangible and intangible asset value into a Token (Tokenization). They use smart contracts to integrate real and virtual economies, creating a new and enormous economic system and programmable economy. Programmable Economy:
1) It can lower transaction costs because there is no middle man.
2) It can redistribute the profits that the middle man has monopolized.
3) It creates a new market that has never existed through the capitalization of domestic and foreign materials, which potentially can enrich many peoples’ lives by returning the economic benefits back to them.
PROBLEMS ENCOUNTERED AND HOW IT IS SOLVED
Currently, there are two major technical problems in achieving programmable economics in blockchain technology. They are
Performance,No Secured Connectivity.
EdenChain solves these technical problems and has the components necessary for implementing this programmable economy. They use Merkle Tree + Namespace to solve the performance problem by executing transactions of different Namespaces in parallel, and use E-Oracle technology for external system interworkings. In addition, it provides reliability and safety, and adopts MVT (Median Voter Theorem) as a consensus algorithm, granting robust functions for selection of values that can occur in interworking with external systems. E- Protocol using ECC (Elliptic Curve Cryptography) — TC (Threshold Cryptography) acts as a powerful mechanism that can protect against attack by hackers with all network data encrypted. The settlement algorithm of ledger data, using PoET (Proof-of-Elapsed-Time), is designed to make it possible to do efficient leader emulation with fewer computing resources.
FEATURES OF EDEN CHAIN
SECURE INTEROPERABILITYENSURES SECURE INTEROPERABILITY AMONG ON-CHAIN AND OFF-CHAIN SERVICES: Existing blockchain technology is not safe from hacker threats such as data forgery, corruption, hijacking, etc., when smart contracts interwork with external systems. EdenChain’s Secure Interoperability technology by E-Bridge architecture adopting E-Oracles consensus and Intel’s Software Guard Extensions (SGX) Enclave provides an environment in which smart contracts can securely interwork with external systems.HIGH PERFORMANCE & SCALABILITYPARALLEL EXECUTION — HIGH SPEED BASED ON PARALLEL PROCESSING OF TRANSACTIONS: EdenChain can process large volumes of transactions quickly. Namespace technology allows high-performance processing because it separates unrelated transactions into separate spaces and executes transactions in parallel. As transactions increase, the processing environment is organized by Namespace to maintain optimal performance at all.PRACTICAL YET LOW FEES PER TRANSACTION FEE — AFFORDABLE AND REASONABLE PROCESSING COST FOR SMART CONTRACT EXECUTION:For existing smart contracts, processing costs are charged for each function based on prices of cryptocurrencies, and thus the processing costs are high. However, EdenChain’s processing costs are inexpensive because it charges according to the number of executions regardless of the processing by function. Also, energy-efficient PoET consensus is designed flexibly to keep the processing costs at a reasonable level.
Eden Chain is a thoughtful technology company.
THANKS FOR READING.
To know more about this great platform;
visit their website:
read whitepaper link:
join telegram group:
my bitcointalk link: ;
my ETH wallet address: 0x7dd9a5ac18D72a8D697a7EAb1bfF85790Cdc40f0
The best implementations of the blockchain seems to be by the government of Estonia. When I was there, they had recently implemented a data enquiry system that recorded every instance of search. So if a police detective looked up your personal record, there would be a permanent, unalterable record of that event. You could see the time and date, and the identity of the investigator from his/her login. For a country that escaped the surveillance of the KGB, I would say that is a necessary, sufficient and quite brilliant application of the blockchain.
There are good, original uses of the blockchain. Just because you haven’t thought of them doesn’t mean it’s not possible or non-existent.
Got a question? Email me Samson@axesandeggs.com
One Year To Late — Taming of the ICO Wild West
. April 2018 update below.
98% of ICOs launched in 2017 will fail. That isn’t a prediction. That’s a fact you can quote me on and I’m taking action on. . In 2018 the success rate will improve from 2% to ~10%. How will the ICO market get this magical 5x improvement? Its going to grow the fuck up.
In 2018, stupid ICO ideas will not get funded. That brief blip of slapping on “and raising millions has passed. Sorry dreamers and scammers alike, you’re a year late. Don’t get me wrong the PTBarnum effect will still be in effect but less so. Even sheeple get wise once burnt a few times. ICO issuers (issuer = security) will discover the true cost of issuing a security:
$16k-$250k just in legal aloneInvestor burnout — Accredited investors will demand due diligence and will be tired of bullshitYour fundraising success will no longer rely on whales but on an actual crowdMarketing — ending is about to push marketing cost thru the roofTokens (utility ) will dominate the landscape as the SEC decides to earn its pay check and threaten to enforce securities law
Regulations are coming, will be tamed. So what’s next?
— — — -April 2018 Update — — — -
So its April 2018 and what has happened in the ICO space?
60%+ of ICOs from 2017 have failed. Leaving about 38% on life support or awaiting on a love note from the SECIf your project doesn’t have have a working prototype, you’re not getting any moneyMarketing cost have skyrocketed. Between net neutrality ending and Twitter, Facebook, and Google banning ICO advertisements, add a few extra zeros to your marketing budgetInvestors, retail, accredited and sheep a like, have gotten smarter. Its like grabbing a tea pot while its on the stove barehanded. You’ve only got to do it once before you get why you need a gloveRegulations. They cometh and right soon. There will be no more US based ICOs by June 2018. Henceforth they’ll be regular, boring, sorta vanilla SEC approved raised. But on a happier note, RegCF will make a come back. I know, you’re asking, “WTF is RegCF?”
What else does the future hold for the initial coin offering space? Stay tuned. Cause the real #pumpanddump hasn’t even happened yet. Hey institutional money. I see you peeking from behind the regulators skirt. Come on in. The water is just fine.
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My name is Samson. I’m a human and an anthropologist. If you like it, share it! Feel free to hit me up on Twitter or Instagram or connect with me on Finally, I would say thoughts are my own but I probably stole them from a woman.
