doc_MG_8083

doc_MG_8083
www.WorldSustainability.Org
www.RepublicOfConscience.com
www.SustainabilitySymbol.com

MEANINGFUL FUN & SOCIAL PROFIT

Caring Currency Project – a Fun and Exciting opportunity to be happier, make more friends find meaning in your life and build your reputation as being Part Of the Solution (POS) in business, society… JOIN US, and make China and the world a better place.

(How China Saved the World)

How? Help us create, develop and share the “Caring Currency” ecosystem – a much needed complimentary and alternative ecosystem to the high stress, high pressure, low satisfaction lifestyles we are living today. Become Part Of the Solution, create a Caring Currency used in a Lifestyle Of Health, Happiness And Sustainability (LOHHAS).

Ecosystem?
We live in ecosystems – Cultural, Financial and Environmental…they’re all related and interdependent. Actually, everything is dependent on our Environmental Ecosystem, because without food, water and air there is no human culture or opportunity to do business and support the human world we’ve created. Caring Currency will fill the gaps and connect the dots, making our lives meaningful.

The BLOCKCHAIN
The BLOCKCHAIN is the brilliant underlying technology of bitcoin, creating a world-wide, peer-to-peer medium of exchange, accounting system with methods to store value. Build your reputation in a trustless system – no third party, but instead a face-to-face and peer-to-peer people-oriented platform. Caring Currency has priceless, special values – human values.

What about business? Show Me the Money…
Smart people realize that money is only money. You can’t eat or drink it. You can’t have a conversation with it, and as much as we need it and want it, it distorts our perspectives and controls our lives in many negative ways. The pursuit of money alone hurts us and the planet we depend on.
Caring Currency is a financial business on the BLOCKCHAIN – the home of the Republic Of Conscience.

Caring Currency is a New, Parallel World – in the Republic Of Conscience
Hard to define in old terms, nothing comparable to the Republic Of Conscience has existed until the connectivity of the internet and accounting of the BLOCKCHAIN made it possible… Old financial terms and structures that existed prior to the BLOCKCHAIN and bitcoin – Money, Security, medium of exchange etc. will be naturally updated to freely serve people around the world in new ways.

Freedom..
Although we live different nations, with all their opportunities and restrictions, we can free ourselves from those burdens by changing our attitudes, outlook and decision-making criteria. Caring Currency expresses the Freedom of our individual State Of Mind in the Republic Of Conscience.

FUN…and Education
With a variety of fun coin names like KuaiLeBi (Happy Coin) and DUCKeCOIN, Caring Currency is (1.) first meant to bring light-hearted fun and smiles to people’s faces and make their lives and relationships happier, and (2.) secondly, exercise the practice of giving back to society, building generosity, social cohesion and harmony. (3.) Thirdly, give the masses practical, technical experience with virtualcurrency, wallets and transferring values through the BLOCKCHAIN.

INVESTMENT

What is most important to you? Money or Friends?

I have a question for you… can you buy friends?

Some people think they can, but the quality of those friendships are always very poor.

However, you can definitely “invest” in friendship by INVESTING IN YOURSELF. (To find more friends, you must invest in learning to BE a friend!)

HOW YOU CAN LEAD A HAPPIER, HEALTHIER, MORE MEANINGFUL LIFE

Take CARE of yourself,
Invest in yourself…

YOUR NETWORK – Join the leaders of the new world based on the BLOCKCHAIN…
YOUR EXPERTISE – the BLOCKCHAIN is less than 5 years old, you know more than most people!
YOUR SKILL SET – this is your opportunity to experiment, test and try new things!
YOUR RELATIONSHIPS – improve your relationships by improving yourself.
YOUR WEALTH – build a fortune to live a secure and meaningful future.
YOUR AMBITION – Helping others reach their positive goals, will provide the platform and resources for your ambitions.

HOW DOES IT WORK?

We are developing a new way to “buy friends” and gain respect – winning their hearts and minds through appreciation and “gifting” through the Caring Currency ecosystem.

Some people call it “Pay It Forward” but simply put, we’re developing a system of quantifying, distributing and recycling our goodwill. Join us and learn more.

What we need: Your skills, passion and commitment.

The benefit to you… Participating with passionate people, where you will find inspiration to create your own state of mind, money-making businesses and spinoffs.

What you need to do – no experience necessary!
Show your courage, commitment and support – Send us a 3 Finger Photo of yourself, and a brief explanation of your skills and how you want to use your skills to create a Caring Currency for a better world. Don’t forget to smile_!/
By Philip McMaster PeacePlusOne_!/ on 2014-06-19 18:49:25
[wpr5_ebay kw=”bitcoin” num=”1″ ebcat=”” cid=”5338043562″ lang=”en-US” country=”0″ sort=”bestmatch”]

July 21, 2017

BIP 91 Has Activated. Here’s What That Means (and What It Does Not)

It looks as if bitcoin is getting Segregated Witness.

Bitcoin Improvement Proposal 91 (BIP 91) just locked in. Up to 90 percent of all hash power signaled support for this soft fork, which implies miners intend, in turn, to trigger Segregated Witness (SegWit) activation. By extension, this should make BIP 148 obsolete and August 1 a non-event.

But SegWit is not certain. In fact, on a technical level, SegWit is not any closer to activation at all.

BIP 91

Segregated Witness, defined by BIP 141, locks in if at least 95 percent of miners (by hash power) signal support for the upgrade within a two-week difficulty period. To do so, miners need to embed a piece of data called “bit 1” in the blocks they mine.

Importantly, this is technically the only way for SegWit to activate right now. And this threshold has not yet been met.

But there are alternative strategies to try and reach this threshold “indirectly” — like BIP 91.

BIP 91 is a bitcoin Improvement Proposal proposed by Bitmain Warranty engineer James Hilliard. It is compatible with the New York Agreement and backed by a number of bitcoin companies and mining pools. It is also compatible with BIP 148, another strategy to meet the BIP 141 threshold indirectly.

Miners have been signaling support for BIP 91 over the past couple of days through another piece of data, “bit 4.” Once 269 blocks within a 336-block window include bit 4, this BIP 91 soft fork gets locked in. This threshold was just met.

This means that after another 336 blocks, a little over two days from now, all BIP 91–compatible nodes will reject any block that doesn’t include bit 1.

As long as a majority of hash power enforces BIP 91, this majority should eventually control the longest valid chain according to all bitcoin nodes. And as this chain consists of bit 1 SegWit-signaling blocks only, it would in turn activate SegWit on all SegWit-ready nodes.

In that case, BIP 141 should lock in by mid-August, and SegWit should be live on the bitcoin network after a two-week “grace period” by the end of that month.

If all goes well …

What Could Go Wrong?

Although well over 80 percent of hash power has signaled bit 4 for BIP 91 activation, this doesn’t actually guarantee anything. Most importantly, it doesn’t in itself mean that these miners will signal bit 1 for SegWit.

Indeed, so far, most miners don’t. Currently, the proportion of miners signaling bit 1 is still far lower than BIP 91 activation would suggest. It is even lower than 50 percent.

Moreover, BIP 91 is probably being enforced by hardly any economically relevant nodes; that is, nodes operated by users that accept bitcoins as payment. Almost no bitcoin users on the network recognize BIP 91 or its bit 4 signaling at all, and will therefore continue to accept blocks with or without bit 1.

BIP 91 is, instead, enforced by hash power alone. This in turn means that a majority of miners (by hash power) could back out of BIP 91 with little more than reputational damage. They could continue to mine blocks that do not signal bit 1, even after BIP 91 activates in a few days. As long as these miners are in a majority, they will still control the longest valid chain: valid according to most miners, and valid to most users.

Furthermore, any minority of miners and the few nodes that do enforce the BIP 91 soft fork would then be forked off the bitcoin network. In a few days from now, these miners would mine (on top of) blocks that almost only they themselves would consider valid, while most of the rest of the entire bitcoin network would completely ignore them. These miners would be wasting their own resources.

With this week’s bit 4 signaling, a majority of miners have effectively made a statement that they intend to start to activate the SegWit soft fork within a couple of days. But for now, that’s really all it is: a very public, blockchain-based statement of intent.

Actual SegWit activation should start next week, if miners stick to their stated intent.

The post BIP 91 Has Activated. Here’s What That Means (and What It Does Not) appeared first on Bitcoin Magazine.

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