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Olympia, WA Blockchain Bootcamp [Mar 12-April 5, 2018] | Blockchain Training | Bitcoin Training | IT | Training | Ethereum | Solidity | Hyperledger | Distributed Ledger | Smart Contracts | Cryptocurrency | ICO Offerings | Weekday Evenings

Olympia, WA Blockchain Bootcamp [Mar 12-April 5, 2018] | Blockchain Training | bitcoin Training | IT | Training | Ethereum | Solidity | Hyperledger | Distributed Ledger | Smart Contracts | Cryptocurrency | ICO Offerings | Weekday Evenings
Features & Benefits 8 sessions, each session of 2 hours spread over 4 weeks 16 hours of LIVE Instruction spread over 4 weeks Training material with lab exercises provided Each session is recorded and recordings are provided to students over Microsoft Cloud Build a real-life blockchain application Take this survey to save $50 off the published ticket price Course dates: March 12 – April 5, 2018 Weekly Schedule Monday and Wednesday, every week 6:00 PM – 8:00 PM (US Pacific Standard Time) each day Please confirm your local time Other Upcoming courses: Weekends Only: February 3 – February 25, 2018, Sat/Sun 8:30 AM – 10:30 AM (US Pacific Standard Time) each day March 3 – March 28, 2018, Sat/Sun 8:30 AM – 10:30 AM (US Pacific Standard Time) each day Weekday Evenings: February 5 – February 28, 2018, Mon/Wed 6:00 PM – 8:00 PM (US Pacific Standard Time) each day Video Conference Link Will be sent upon registration and payment Training Provider: Omni212 Omni212 IT Training https://www.omni212.com/services/training/ Course Overview This course starts as a level 100 course for beginners and builds up into a level 200 course. The course provides an overview of the Blockchain technology including its history, evolution and the future. Students learn about bitcoin, which is powered by blockchain technology, bitcoin mining, other cryptocurrencies such as Ethereum, Block, Hash, cryptography, how to develop a simple blockchain application. Why Blockchain? Blockchain is once in a lifetime revolutionary technology that was invented after the 2008 financial crisis. bitcoin is powered by the Blockchain technology. There is a lot of hype around bitcoin. However, the technology behind bitcoin, Blockchain is here to stay and is the biggest technology revolution after the internet. Blockchain transactions are secure, immutable, hacker-proof, protect privacy. Why Blockchain Training? Just as computers and internet have taken over our lives, Blockchain is going to be a part of our everyday life in the coming years and decades. Blockchain Training will help you understand the underlying mechanisms of bitcoin transaction systems, Ethereum & Hyperledger. Together with learning to setup your own public/private blockchain environment, you’ll also master the concepts like Cryptography & Cryptocurrency, Blockchain Networks, bitcoin Mining & Security, Multichain, developing smart contract on Ethereum & Hyperledger Platform. Why Blockchain training from Omni212? Our Blockchain training is very hands on. Our training material and lab exercises have been prepared by Blockchain pioneers. Since blockchain technology is continuously changing, we are constantly updating our curriculum to reflect the latest advancements in the Blockchain technology. Our students are provided with class recordings, training manuals and lab exercises on Microsoft Cloud. Who can take this course Anyone aspiring to learn new technology can take this the course. Students and professionals interested in a career in the blockchain technology should opt for the course. Other professionals who should take this course are: Banking/Finance professionals Software developers Corporate Executives looking to connect corporate strategy to technology Government Executives looking to better understand Blockchain opportunities High school & college students Supply Chain Managers CEO's, Boards, and Senior VP's Entrepreneurs looking to launch a blockchain technology startup Consultants and Professional Service Providers Prerequisites Programming knowledge is desired but not required. It would be nice if you already have knowledge of Python, JavaScript, NodeJS and ReactJS. Those who have no programming knowledge will still get a lot of value from taking this course just as a beginner would learn a lot from watching someone cooking a meal or changing a flat tire.  What will you learn in this course In this course you will learn to: Define Blockchain Technology, in your own words Understand the implications of Blockchain technology for your life, job and how it could potentially impact your business and industry. Understand blockchain use cases and industry potential of Blockchain technology. Enable you to have intelligent conversations about Blockchain Technology with your customers, co-workers, business colleagues and friends You will learn to develop a strategy to prepare your business or your clients for the emerging Decentralized Economy Join a community of economists, business leaders, entrepreneurs, and technologists that are shaping this technology as we speak. Identify which aspects of Blockchain Technology seem most important and relevant to you Walk away with a strong foundation in where blockchain is going, what it does, and how to prepare for it  Course Objectives After completing this Training, you should be able to: Understand the importance of Blockchain technology Perceive, how bitcoin transactions are validated by miners Create and use bitcoin account effectively Have a deep insight into bitcoin and its network Understand Ethereum blockchain Comprehend the cryptography and cryptocurrency concepts Learn Solidity: Prominent language to develop smart contracts Deploy your private blockchain on web where you can visually see your chains Develop private Blockchain in MultiChain Discuss the compelling use-cases of the blockchain Interpret the prospects of blockchain Assess, how blockchain can improve your business standards Course Outline Blockchain, Cryptocurrency, bitcoin and Ethereum Overview Blockchain Technology and Architecture Blockchain Data Structure, Distrubuted Ledger, Decentralization, Storage and Mininig, Security & Encryption Software Development with Blockchain and Ethereum Blockchain Use cases and applications Blockchain and Digital Wallet Blockchain and Smart Contracts Private and Public Blockchain Blockchain Disruptive Use Cases and applications Learn How to Build a Blockchain App Different types of blockchain  Hyperledger  Multichain  Openchain  Corda  IOTA Refund Policy 1. There are no refunds.2. If for any reason the course has not been taken, class is cancelled or rescheduled, the payment can be applied towards any future course by Omni212.
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Lombrozo: Bitcoin Core Developers May Never Use Miner-Focused BIP 9 Signaling Again

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One of the key points of contention in the politicization of bitcoin protocol development over the past couple of years has been the concept of miner signaling. While not intended to be a vote among miners to decide the future of the bitcoin network, Ciphrex CEO and Bitcoin Core contributor Eric Lombrozo pointed out that miners are now using the signaling process as leverage in the discussion over bitcoin scaling.

Lombrozo made the comments during a discussion with host Thomas Hunt and bitcoin developer Jimmy Song on Hunt’s Mad Bitcoins YouTube channel.

“This whole signaling thing is a huge problem that I think created a very terrible narrative,” said Lombrozo.

What Is BIP 9?

BIP 9 is a method of rolling out soft-fork upgrades to bitcoin. The short description of this process is that soft-forked changes will be enabled once 95 percent of miners have signaled to the network that they are ready for activation, using a trick called “version bits.”

“It was an arbitrary system created by developers in order to coordinate smooth soft-fork transitions,” said Lombrozo. “It was not designed to be a political system for voting on controversial issues ever — that was never the intention.”

Lombrozo also noted that, in the past, soft forks have been deployed on bitcoin without any special treatment for miners, and BIP 9 was supposed to solve some of the issues miners could face during the deployment of a soft fork.

“It was introduced for the courtesy of miners to be able to reduce their orphan rates and reduce the probability that they’re going to end up mining blocks that are actually invalid — that was the real motivation behind it,” said Lombrozo.

According to Lombrozo, the goal is still to get nodes upgraded and enforce the rules of the soft fork; BIP 9 was simply a technique to coordinate with miners.

The Ciphrex CEO added that there was nothing like miner signaling in the original version of bitcoin, and Satoshi Nakamoto never used miner signaling for the soft forks that he deployed on the network.

“It was a mechanism that was created way later,” said Lombrozo. “And once this mechanism was created, it was abused and turned against the developers to try to extort stuff. And now it’s being used against businesses to extort stuff from them.”

BIP 9 Does Not Work With Uncooperative Miners

According to Lombrozo, BIP 9 would not have been used for Segregated Witness (SegWit) if the contributors to bitcoin Core knew then what they know now.

“If we considered that there had been this kind of, like, contentious or adversarial situation, then BIP 9 would not have been used,” said Lombrozo. “We would not have used the signaling mechanism because it obviously does not work under those kinds of circumstances.”

In Lombrozo’s view, miners are now using the effective veto power that comes with the miner signaling process outlined in BIP 9 as leverage in the discussions around scaling bitcoin. He also believes bitcoin Core developers may deserve some of the blame for using BIP 9 in the first place.

“But at the same time, we only had the best of intentions at the moment,” added Lombrozo. “We thought we’d gotten through all these disagreements and it seemed like the miners were for it and going to support it … Obviously, the adversarial case needs to be considered because it’s just the nature of this network and the way that it works.”

Lombrozo suggested that miners also used miner signaling as a sort of “propaganda” tool with bitcoin Unlimited, even though there was no activation mechanism included in the code.

Never Use BIP 9 Again?

According to Lombrozo, miners now think they have some control over the protocol due to the use of the miner signaling process outlined in BIP 9.

“Miners started thinking, ‘Hey, maybe we have control over the protocol because of this whole signaling thing,’” said Lombrozo during his discussion with Hunt and Song.

Lombrozo claimed that “we’re never going to use BIP 9 to deploy anything almost for sure” if SegWit is not activated via the current BIP 9 deployment.

As an alternative, bitcoin Core could turn to BIP 8, which is a variation of BIP 9 from pseudonymous developer Shaolin Fry that eventually activates a soft-forking change whether miners have signaled for it or not. Miners can still activate the change before it is automatically locked-in on the network, but approval from miners is not required before that lock-in takes place.

Watch the full episode here:

[youtube https://www.youtube.com/watch?v=JTCB5bRGQj0?feature=oembed&w=480&h=270]

The post Lombrozo: Bitcoin Core Developers May Never Use Miner-Focused BIP 9 Signaling Again appeared first on Bitcoin Magazine.

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