“My full name is James Bilal Khalid Kaan. I was born in Pakistan but live in the UK. I’m a graduate of Al-Khair Pakistani University, I also studied remotely at Yale, Duke and the University of California, Irvine, ”- this is what the next applicant for the place of Satoshi Nakamoto said in the second chapter of his story. The new candidate claims that his condition is in […]
Author: BlockchainJournal
Bitcoin Core developer Peter Velle introduced Miniscript, a new programming language to simplify the development of smart contracts for the Bitcoin network . After publishing the corresponding message in the newsletter for Bitcoin developers, Peter Velle noted that the work on Miniscript lasted almost a year, and Andrew Poelstra and Sanket Sanyalkar also participated in it. Now, as the Belgian developer says, the project has reached the stage when it is necessary to attract more attention to it. Just announced our Miniscript project website on the bitcoin-dev mailinglist: https://t.co/vOceWbgPe0 – Pieter Wuille (@pwuille) August 19, 2019 In order to understand…
ECash creator David Chaum introduced the new Praxxis cryptocurrency, which is resistant to attacks by quantum computers. According to Chaum, it took 6 months to develop Praxxis. The Praxxis team was developed by a development team from WBM Corp., a company registered in the Cayman Islands. It is known that the new product will work closely with another Chaum development – the Elixxir project, which was introduced in September. Elixxir is a blockchain solution aimed at providing its users with a fast, secure way to exchange cryptocurrency with minimal fees, while maintaining confidentiality. The Praxxis protocol addresses scalability, privacy, and…
Kazakhstan proposes to introduce the concepts of “ blockchain ” and “ cryptocurrency ” into the Civil Code. This is reported by local media, referring to a project of the Ministry of Digital Development, Innovation and Aerospace Industry (ICROAP). The project is under discussion until September this year. According to the document “On Amendments and Additions to Some Legislative Acts on the Regulation of Digital Technologies”, the amendments are aimed at “regulating public relations in the field of digital technologies”. The document says: “The concept of“ digital asset ”(blockchain) is introduced, which can be a digital medium of exchange, a…
Glenn Vogel, the new CEO of Booking.com, shared his vision of the crypto industry on the eve. In an interview with representatives of the Skift New York edition, Vogel expressed support for cryptocurrencies and talked about the future of payment systems in tourism. The head of the popular hotel booking service believes that payment systems should be universal and at the same time guarantee a high level of security. Vogel predicts that in the future, cash will gradually go out of circulation, he sees the potential in a new form of international currency, which will provide protection. He noted that…
Banks are proposing amendments to laws that will allow cards to be blocked for up to 30 business days if they suspect that they have credited fraudulently debited funds to them, Kommersant reports. The card holder will not be warned. According to the authors of the idea, these changes will complicate the withdrawal of funds on “purchased” bank cards, and will also serve as a security measure for judicial and investigative authorities. However, experts note that even with an unconditionally good purpose, this idea can hit the bona fide customers of banks. Currently, the law “On the national system of…
Russian-based research firm ICORating has agreed to pay fines of $ 268,998 to the US Securities and Exchange Commission (SEC). SEC Charges ICO Research and Rating Provider With Failing to Disclose It Was Paid to Tout Digital Assets https://t.co/G9SMJfddvk – SEC_News (@SEC_News) August 20, 2019 So, representatives of the department accused the organization of […]
The digital currency of the People’s Bank of China can see the light earlier than the cryptocurrency Libra from Facebook , writes the Chinese political newspaper China Daily , citing experts close to the regulator. On August 11, it became known that the Chinese digital currency is almost ready for launch after several years in development. Experts argue that the announcement of Libra could affect the plans of the People's Bank of China and force it to consider new models for implementing the tool, in which non-governmental institutions will play a more important role. “Further testing is required before the…
Bitcoin Core developer Peter Velle introduced Miniscript, a new programming language to simplify the development of smart contracts for the Bitcoin network. After publishing the corresponding message in the newsletter for Bitcoin developers, Peter Velle noted that the work on Miniscript lasted almost a year, and Andrew Poelstra and Sanket Sanyalkar also participated in it. Just announced our Miniscript project website on the bitcoin-dev […]
Bank of America intends to patent a “shared” security system for cryptocurrency wallets , which provides different users with different levels of access to stored funds. The second-largest US bank, located in Charlotte, North Carolina, filed an application called “Multi-Level Digital Wallets Protection” with the US Patent and Trademark Office (USPTO) in February 2018. The USPTO published a bid last week and mentioned Manu Kurian, senior bank engineer, as an inventor. The patent application describes the processing of digital currency with a multi-level wallet interface in a decentralized peer-to-peer network. Users will be prompted to enter one of several passwords,…