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The developers of the Litecoin Foundation immediately published two proposals for improving the protocol (LIP-0002 and LIP-0003), which provide for the integration of MimbleWimble technology to ensure transaction privacy. [Update on MimbleWimble & Litecoin]: @ecurrencyhodler, @ DavidBurkett38, & @satoshilite have proposed a draft of two Litecoin Improvement Proposals to implement MimbleWimble through Extension Blocks. LIP-0002 EB: https: //t.co/u2ORFy6yfD LIP-0003 MW: https: //t.co/u2ORFy6yfD – Litecoin Foundation (@LTCFoundation) October 22, […]

Blockstream c-Lightning client developer Rusty Russell suggested raising the default transaction fees on the Lightning Network from 1 satoshi to 5 satoshi, as well as charging an additional 0,0005% of the payment instead of 0.000001%. Russell’s proposal was supported by ACINQ CEO Pierre-Marie Padua and Jack Mollers, founder of Zap Solutions. However, other developers believe that a single proposal from the three largest […]

In Ukraine, draft laws on the taxation of transactions with cryptocurrencies and the fight against money laundering with the help of digital assets were introduced, as well as amendments to the document “On public electronic registries” aimed at introducing blockchain. This was announced by People's Deputy of Ukraine Oleksiy Zhmeretsky. The draft laws were prepared by the inter-factional deputy association Blockchain4Ukraine together with the Ministry of Digital Affairs, BRDO and other market participants. Recall recently […]

Economist Stephen Moore, an agent of Donald Trump, co-founded Frax, which will release the eponymous stablecoin to compete with central banks, Fortune reports. Its partners were Sam Cazemian, co-founder of Everipedia (a blockchain competitor to Wikipedia) and former adviser to the Reagan administration Ralph Benko. “Central banks will soon feel competition from private currencies like Frax. The days of state currency monopoly are numbered, ”said Moore. Is he […]

Bitcoin financial expert and critic Peter Schiff believes the technical picture of bitcoin looks “terrible.” A bear flag indicates a chance of falling to $ 6,000, according to his analysis. The Bitcoin chart looks horrible. Not only does the flag that followed the recent breakdown project a move to $ 6K, but we are close to completing the right shoulder of […]

The Federal Service for Intellectual Property (Rospatent) will summarize the results of pilot projects using blockchain technology by the end of the year, and in 2020 will fully launch them. This was stated by the head of the department Grigory Ivliev. According to RIA Novosti, at the beginning of the year, Rospatent launched several pilot blockchain projects. “By December-January there will be a clear picture of what we managed to do. Among the tasks is the creation of a system […]

Telegram representatives called on investors in the Telegram Open Network (TON) project to have a positive view of postponing litigation with the U.S. Securities and Exchange Commission (SEC), as this would provide the best possible support for their position. This is reported by the Cointelegraph. Earlier it became known that a New York court adjourned the SEC case against Telegram Group Inc. and TON […]

The G20 said that stablecoins threaten the global monetary system and financial stability, and asked the IMF to assess the risks associated with them, reports Reuters. G20 countries will develop stablecoins based on recommendations from the Financial Stability Board (SPS) and the Anti-Money Laundering Development Group (FATF), which will provide relevant conclusions in 2020. “Until […]

Craig Wright once again promised to provide evidence that he is the creator of Bitcoin Satoshi Nakamoto, but mentioned the latter in the third person. The incident happened during the London conference CC London Investment in Blockchain and AI Forum 2019, reports Cointelegraph. “Either I am Satoshi, or he coordinated me. Choose. It doesn’t bother me much, because he […]