Bitcoin Journal’s 7 days in Evaluation delivers you the most critical, intriguing and preferred information stories impacting Bitcoin this 7 days.
Privateness and Security
Messaging by way of Blockstream’s Satellite: Lightning’s Killer App?
Blockstream engineer Grubles has produced a Twitter bot that will relay all textual content and picture transmissions from the Blockstream Satellite to the @satnode Twitter account.
For amounts of as little as 10 satoshis, customers can privately talk by way of satellite. However, thanks to the reduced expense and relieve of use, it is possible that spam will develop into an problem. Even now, the intentions and prospective are great, as the satellite can be made use of in conditions of censorship or network shutdowns.
Study the comprehensive short article to find out how to spend with Lightning to ship messages to the Blockstream Satellite!
Senate Wrestles With Bitcoin vs. Crypto, Gauges Require for Regulation in Most current Hearing
On July 30, 2019, the U.S. Senate Committee on Banking, Housing and City Affairs hosted a hearing relating to cryptocurrency and blockchain certification regulation, the 3rd time these subjects have been reviewed in Congress in the weeks considering the fact that Fb declared its Libra digital currency. This newest listening to integrated testimony about proper cryptocurrency regulations and the gains and obstructions that blockchain certification technology offers. They also touched on what Bitcoin is in comparison to Libra and other digital currencies.
Libra in Congress: A Chance to Outline What Bitcoin Is and What Libra Isn’t
In Senate Listening to, Facebook’s Iffy Name Looms In excess of Libra Options
Politics and Legislation
Peter Todd Responds to Sexual Misconduct Allegations
In April 2019, previous Bitcoin Core contributor Peter Todd submitted a defamation suit against Isis Agora Lovecruft in response to tweets from Lovecruft accusing Todd of sexual misconduct. Lovecruft moved to strike the go well with and garnered help from Zcash co-founder Bryce Wilcox (improved acknowledged as Zooko). Todd’s lawyers claimed this week that Lovecruft’s accusations are wrong and asked the courtroom to dismiss Lovecruft’s strike ask for.
Blockchain Launches Institutional-Grade Crypto Trading Platform
This week, Blockchain announced the start of its new, institutional quality cryptocurrency trading platform named The PIT, which will provide to fill “the void for a trusted, quick, and liquid market.” One of the critical capabilities of the new system is Blockchain Join, which will allow buyers to url and transfer their cryptocurrency to and from their PIT trading accounts so that they will not have to get worried about centralized exchanges.
Adoption and Community
Bitcoin Independence Day: How This Watershed Working day Defines Group Consensus
August 1, 2017, marked the to start with key anxiety take a look at on the Bitcoin local community soon after it was scheduled to initiate the network’s first person-activated smooth fork (UASF). The working day has been dubbed Bitcoin Independence Day, as it was supposed to reveal the ability of the local community consensus and to set an end to significant community civil wars. Finally, it demonstrated who definitely controls Bitcoin (trace: it’s the local community).
Check out out the rest of the report to come across out how the activation of SegWit led to the working day we now refer to as Bitcoin Independence Working day.
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