Restoring Trust in Crypto and Government Institutions
CoinStaker | Cloud Mining Services Monitor
by Christopher Owen
4y ago
Governments and crypto institutions don’t get along most of the time. Due to the nature of both systems in a perfect world, they will never need each other. Bitfinex managed to restore trust as the US law enforcement aided in the recovery of 27.66270285 bitcoins. The bitcoins received by the government were only a piece of the stolen funds back in 2016. After the security breach was found out, Bitfinex asked many enforcement agencies for help. They launched a global investigation to track the 119 756 BTC which w ..read more
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Coinmine One: Mining Becoming a Part of Everyday Life
CoinStaker | Cloud Mining Services Monitor
by Ian Karamanov
4y ago
Many startups have tried, but an everyman device hasn’t yet been available. Smart money is a startup willing to bet that the situation will change thanks to Coinmine. The startup’s first product is the Coinmine One. The hardware device will be aimed at crypto miners, who are looking to earn rewards for mining without the requirement of a technical skill set. Coinmine has backing from investors like Coinbase Ventures and Arrington capital. The Coinmine One will be available for a starting price of $799 and will s ..read more
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Blockchain Games: Huge Potential for Drastic Changes
CoinStaker | Cloud Mining Services Monitor
by Ian Karamanov
4y ago
The same way startups try out new tech, games often can be seen testing out new innovations. When it comes to blockchain games, the first game that comes to mind is CryptoKitties. The game is essentially a digital cat-breeder game on ethereum. Blockchain games have also allowed early adopters to experiment with the benefits of open protocols. Even at the moment, the top dApps by transaction volume are games. There is of course a big amount of skepticism when it comes to the blockchain gaming space. One of the bi ..read more
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Double-Spending: Potential Risks and Integrated Solutions
CoinStaker | Cloud Mining Services Monitor
by Ian Karamanov
4y ago
Many people are unfamiliar with the term “double-spending”. That’s completely normal since it’s a term only associated with cryptocurrencies. As the name suggests, double-spending refers to the risk of a cryptocurrency being used twice. If we take a look at bitcoin’s white paper, double-spending is specifically mentioned a few times. There is also a clear way defined by the white paper to deal with the problem: “We propose a solution to the double-spending problem: The use of a peer-to-peer distributed timestamp ..read more
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Lition: One Very Small Project Shows Big Opportunity
CoinStaker | Cloud Mining Services Monitor
by Ian Karamanov
4y ago
Lition is an ethereum project, which almost no one knows exists. This project is already doing its part to help people in Germany to gain access to cheaper energy. Lition was launched earlier this year and is already a licensed energy supplier in Germany. Some of the customers come from major cities such as Berlin and Munich. Lition is built on top of the ethereum blockchain and allows people to use its decentralized energy market. With Lition, customers have a direct contact with energy producers of all sizes ..read more
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Talent Growth System by Coinbase is Already Practiced by Global Giants
CoinStaker | Cloud Mining Services Monitor
by Ian Karamanov
4y ago
Talent growth is a very unique and interesting prospect. Ever since the dawn of civilization, people in charge have looked for ways to always have the best subordinates. Of course with the way technology is advancing, we might not be far off from companies designing their own employees, literally. Coinbase has taken a bold step, which for some might be a slight step over into sci-fi territory. A few months ago, the company has started to offer its employees $5000 yearly benefits for treatments like egg-freezing ..read more
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Double-Spending: Potential Risks and Integrated Solutions
CoinStaker | Cloud Mining Services Monitor
by Ian Karamanov
4y ago
Many people are unfamiliar with the term “double-spending”. That’s completely normal since it’s a term only associated with cryptocurrencies. As the name suggests, double-spending refers to the risk of a cryptocurrency being used twice. If we take a look at bitcoin’s white paper, double-spending is specifically mentioned a few times. There is also a clear way defined by the white paper to deal with the problem: “We propose a solution to the double-spending problem: The use of a peer-to-peer distributed timestamp ..read more
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SpankChain and Blockchain Tech: Freedom of Self-Expression
CoinStaker | Cloud Mining Services Monitor
by Ian Karamanov
4y ago
SpankChain is not your typical startup. It’s actually centered around porn and it managed to raise $6 million for its ICO back in 2017. Maybe not being a typical startup or ICO is just what SpankChain needs to make it nowadays. SpankChain has managed to differentiate itself from its ICO and actually deliver a stable, usable platform for many users. Since the site launched in April to late October, it has paid over $70 000 to over 30 camgirls. Some of the camgirls are actually making more on SpankChain than on an ..read more
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CoinStaker 2020 Prediction – Is Binance Coin Rise Sustainable in the Long Run?
CoinStaker | Cloud Mining Services Monitor
by Christopher Owen
4y ago
The entire crypto community is buzzing about Binance and Binance Coin. As one of the biggest cryptocurrency platforms in the world right now, Binance is at its peak. However, not everyone would agree – some say that this is just the beginning of the Malta-based platform. When the official reports published the fact that Binance Coin toppled Bitcoin on a global scale, the entire community of cryptocurrency users was aghast. What’s the secret of the new top-performing cryptocurrency and can we expect to see this t ..read more
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Piracy Will Cost Billions to the TV and Music Industries
CoinStaker | Cloud Mining Services Monitor
by Ian Karamanov
4y ago
With the evolution of the Internet, piracy has become increasingly more sophisticated. It’s biggest victims however, are probably music artists and actors. In the last year’s forecast of Digital TV Research, it’s mentioned that the TV series and film could reach a revenue loss of over $50 billion by 2022. This is all attributed to online piracy and those rough estimations do not include sports, pay-per-view and other forms of media content. The real number would be quite higher. If we’re looking at the scale of ..read more
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