#what is digibyte blockchain

[clemsels]

Why the fuck does this come up when I search Mime Bomb in the Discord GIFS

[retrogradeyeo]

I am purchasing a bag of #ANKR and I am going to sell that bag at $1.25!

[palaceweight]

[crypto-knowledge-india]

[primorcoin]

New Post has been published on https://primorcoin.com/walmart-is-seeking-a-crypto-product-lead-the-dogecoin-foundation-is-active-again-after-a-long-break-coinbase-has-amassed-a-4-billion-cash-backed-war-chest-holders-digest-aug-15-21/

Walmart is seeking a crypto product lead, the Dogecoin Foundation is active again after a long break, Coinbase has amassed a $4 billion cash-backed war chest: Holder’s Digest, Aug. 15-21

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.

Top Stories This Week

Walmart seeks crypto product lead to drive digital currency strategy

On Aug. 16, it was reported that U.S. retail giant Walmart was seeking out an experienced crypto expert who can develop and drive a digital currency strategy and product roadmap for the firm.

According to the job listing, Walmart is looking for someone with a track record of leading and scaling businesses. They also want at least 10 years of experience in product/program management and tech-based product commercialization.

Ideally, the candidate should also know a thing or two about crypto, blockchain tech and why JPEGs of poorly drawn pet rocks are selling for absurd prices on Ethereum.

Walmart’s future digital currency and crypto product lead will be based in the company’s home office in Bentonville, Arkansas. The state has produced talents such as Billy Bob Thornton and Johnny Cash, along with Bill and Hillary Clinton.

  Team officially reestablishes Dogecoin Foundation after 6 years

There was good news for Doge fanatics this week as the Dogecoin Foundation resurfaced after several years of total media silence. 

According to an announcement on Tuesday, the foundation stated it was reestablishing itself in a bid to support the fiery-eyed Dogecoin (DOGE) community. The foundation also said it would be announcing new projects that are centered on encouraging adoption of DOGE and promoting its utility. 

The project’s website lists Ethereum co-founder Vitalik Buterin, Dogecoin co-founder Billy Markus and Dogecoin Core developer Max Keller as advisory board members. Furthermore, Tesla CEO and DOGE proponent Elon Musk’s interests may be catered to from the shadows via Neuralink CEO Jared Birchall.

It is yet to be revealed if Musk’s “toddler hodler” son has loaded up on DOGE in light of the announcement.

  Coinbase amasses a $4B war chest so it can outlast ‘crypto winter’

Coinbase, the top U.S. crypto exchange, has amassed a cash-based war chest worth $4 billion on the back of two very productive quarters for the firm. 

The company reportedly expected to use the cash to cover costs incurred by a variety of factors, including conforming to new regulations handed down by the United States legislature.

Coinbase has also announced its official launch in Japan in partnership with banking giant Mitsubishi UFJ Financial Group, while also revealing plans to add $500 million worth of crypto to its balance sheet and invest 10% of all generated profits into digital assets moving forward.

    Winners and Losers

    At the end of the week, Bitcoin is at $48,778, Ether at $3,282 and XRP at $1.28. The total market cap is at $2.09 trillion, according to CoinMarketCap. 

Among the biggest 100 cryptocurrencies, the top three altcoin gainers of the week are Avalanche (AVAX) at 105.79%, Arweave (AR) at 96.17% and Audius (AUDIO) at 93.78%. 

The top three altcoin losers of the week are DigiByte (DGB) at -5.06%, Celsius (CEL) at -4.44% and BitTorrent (BTT) at -3.81%.

For more info on crypto prices, make sure to read Cointelegraph’s market analysis.

    Most Memorable Quotations

  “Poly Network has no intention of holding Mr. White Hat legally responsible, as we are confident that Mr. White Hat will promptly return full control of the assets to Poly Network and its users. As we have stated in previous announcements and encrypted messages that have been made public, we are grateful for Mr. White Hat’s outstanding contribution to Poly Network’s security enhancements.”

Poly Network team

  “Lawmakers and regulators must work together to properly balance protecting innovation with any new regulations to ensure the digital asset marketplace flourishes in the United States.”

Glenn Thompson and Patrick McHenry, U.S. representatives

  “The most important thing that can be done today is moving away from the idea that coin voting is the only legitimate form of governance decentralization.”

Vitalik Buterin, Ethereum co-founder

  “Here at home in America, […] our payments infrastructure is arguably the worst of any developed country in the world, and increasingly falling behind, while China is moving with determination and haste to build an infrastructure that will make the digital yuan a challenger to the dollar as the world’s reserve currency.”

David Marcus, Diem co-creator

  “Ethereum is outperforming Bitcoin, and it can be expected to continue this trend for the rest of 2021.”

Nigel Green, CEO of DeVere Group

  “This is all about DeFi. […] This is the Treasury Department trying to work out how to get jurisdiction over DeFi […] and also expand its warrantless surveillance over a peer-to-peer financial system.”

Jake Chervinsky, general counsel at Compound

  “Frankly, as one of the first pilots, we have on the table the question of paying salaries to employees of the Ministry of Digital Transformation in electronic hryvnia.”

Mykhailo Fedorov, vice prime minister of Ukraine

  “It’s important to remember that when we look at the business, the long-term arc of adoption of digital assets in crypto matters far more than the businesses we are building.”

Mike Novogratz, founder and CEO of Galaxy Digital

Prediction of the Week 

  Ethereum ‘liquidity crisis’ could see new ETH all-time high before Bitcoin — Analyst

Bitcoin, the crypto industry’s largest asset by market cap, and Ethereum (ETH), the second-largest asset, have both posted notable price recoveries over the past several weeks. Although BTC has yet to be surpassed as the crypto industry’s top dog, ETH might tap its own all-time price high near $4,400 sooner than BTC reaches its record level of nearly $65,000, according to thoughts from CryptoQuant CEO Ki Young Ju. 

“$ETH might reach its all-time high earlier than $BTC in the long term,” Ju tweeted on Wednesday. “Current $ETH price is closer to ATH compared to $BTC. Higher demand, lower supply. $ETH sell-side liquidity crisis still intensifies, while $BTC exchange reserve stopped its downward trend in May.” 

On Friday, BTC fluctuated above the $48,000 mark, and ETH traded above $3,200 — which, however, are both still notably shy of their record highs.

FUD of the Week 

  JPMorgan Chase reportedly shuts down bank accounts of Bitcoin mining firm

On Aug. 19, U.S. banking behemoth JPMorgan Chase reportedly blocked all account activities of Bitcoin mining firm Compass Mining. 

Whit Gibbs, the CEO of Compass Mining, took to Twitter to share the news:

“Shoutout to @Chase for shutting down @compass_mining accounts for doing our part to replace the old guard with self-sovereign, future-focused supporters of hard money. Get behind #Bitcoin or get out of our way.”

It is unclear if the temper tantrum will be enough to sway JPMorgan Chase to change its mind, and it is also unclear how shutting down banking services to one Bitcoin mining firm represents an attack on BTC in any way. 

If anything, the banking giant has been upping its exposure to Bitcoin and the crypto sector in 2021.

  Liquid exchange hacked to the tune of $80 million

Liquid, a Japanese crypto exchange, was the victim of a $80 million-plus hack this week which made the platform not so… liquid. 

Cointelegraph reported on the news quickly after the exchange announced the attack, which compromised digital assets including BTC, Tron (TRX), Ripple (XRP) and Ether.  

The exchange explained that only its hot wallets were affected and added that its assets were being moved into cold storage for security purposes. 

The platform has since provided an update and revealed the hack totaled $91.35 million. The firm has urged users to not deposit any crypto assets in Liquid wallets until further notice.

  T-Mobile looking into potential hack of data on 100 million customers

Speaking of hacks, U.S. telecom giant T-Mobile was looking into an alleged massive data breach at the start of this week that may have compromised the information of more than 100 million users. 

According to Vice’s Motherboard, T-Mobile is looking into a potential data breach claimed by an author who posted details on an underground forum. A Sunday report said the hacker claims to have obtained data on more than 100 million customers from T-Mobile servers.

Unlike the Poly Network hacker, who syphoned $600 million worth of digital assets because “cross-chain hacking is hot,” the T-Mobile hacker seems to be displaying entrepreneurial instincts, as they were asking for 6 BTC —  worth around $280,000 at current prices —  in exchange for some of the data.

  Best Cointelegraph Features

Shanghai Special: Crypto crackdown fallout and what happens next

Owning Bitcoin isn’t banned, but many fear for the future of regulations in China. Here’s a look at where we stand and where we might be headed.

Poly Network hack exposes DeFi flaws, but community comes to the rescue

The DeFi hacker’s initial intentions remain unclear, but they refused to accept a $500,000 bounty after returning all funds.

The perfect storm: DeFi hacks will advance the crypto sector moving forward

There is a silver lining from the DeFi hacks as new tech develops to protect the sector: “DeFi will be much safer in 12 months from now.”

Source link

#Blockchain #Coinbase #CoinbaseNews #Crypto #CryptoNews #DOGE #DogeCoin #ElonMusk #RippleNetwork #TraedndingCrypto #TronNetwork #TRX #XRP

[epstein59hart-blog]

DigiByte Core Wallet

What makes DigiByte More Secure? Global Decentralization Typically the DigiByte blockchain can be over a 200, 000+ web servers, computers, phones, together with systems worldwide. 5 Gold mining Algorithms DigiByte uses a few protected and advanced cryptographic exploration algorithms to avoid mining centralization when compared in order to single protocol blockchains. Superior Difficulty Steadiness Issues corrections protect the blockchain coming from several varieties of malicious strikes. By developing and utilizing DigiShield plus MultiShield, DigiByte has the most luxurious difficulty security of virtually any blockchain in the world right now. What makes DigiByte More quickly? 15 Second Obstructs DigiByte has the fastest wedge speed of any open public UTXO blockchain in the world today together with twelve second block timings. First SegWit Implementation Segregated experience enables for several inventions to occur on top of the DigiByte blockchain such as cross cycle orders and single evidence deals. Blockchain Rigidity DigiByte transactions, unlike other deals on other blockchains, can be limited in size in addition to range to increase acceleration, efficiency, and throughput. Most importantly this specific maintains protection. What makes DigiByte Front Thinking? Cybersecurity DigiByte Blockchain technologies can be leveraged in addition to applied to software, fixing 70% of the most common vulnerabilities hitting the internet today. IOT Units The future associated with DigiByte includes the debate of applying DigiByte protection to help IOT devices and even providers that require robust devices. Artificial Inteligence By combining advancements in DigiByte Blockchain technology with artificial thinking ability, we are exploring brand-new inventions in automation together with info analysis. The Background associated with DigiByte DigiByte provides been aimed at cyber safety from the start. Basically launched in DigiByte Core Wallet with January 10th, the genesis block included a new hash headline of: "USA Nowadays: 10/Jan/2014, Target: Files stolen from up to 110M buyers What makes DigiByte Different? This DigiByte Blockchain is correctly located towards building a secure and decentralized digital potential with its unique mixture of problem solving experience, landmark innovative innovations and durability through 4 full-time years of progress. Full-time President Jared Tate developed together with dedicated nearly always enhancement in the direction of DigiByte given that becoming one of the few blockchain founders who proceeded to go community in 2014. Tried and also Examined Technology The DigiByte blockchain has also been battle-hardened together with tested for around 4 several years now, based on the most verified blockchain technology. Sector Foremost Transaction Speeds With quicker confirmation times, DigiByte purchases are one of the fastest ways to deliver value using a blockchain. Not An ICO DigiByte never been recently funded by an ICO, presale as well as token purchase, nor will be there the private corporation controlling the DigiByte Blockchain in line with our vision for just a decentralized electronic future. Multi Algorithm Exploration DigiByte was initially one of the first and currently exercise blockchains to hard fork from a one mining modus operandi to five mining algorithms. Work with Instances Nominated in Public Competitive events DigiByte technology has been offered to governments, corporations and banks to highlight the benefits of a good decentralized future. DigiByte Core Wallet While limited in full number, DigiBytes are very much more offered than various other blockchains units. An overall total of 21 billion DigiByte will be created within 21 years of age years, with each DigiByte being divisible to eight decimal places. Early To Put into action Industry Critical Features DigiByte development has proven industry-leading firsts over the last four decades which includes Digishield, MultiAlgo, MultiShield together with SegWit. This attribute can remain a focus in all potential future development. Earth's Longest Important Blockchain Growing to 6 million hindrances, the DigiByte blockchain possesses encountered in addition to overcome scalability issues not observed by means of most other key blockchains. These innovations are going to go on into ongoing development. Significant Community DigiByte offers one particular of the most significant, many interested and decentralized community in the current blockchain space, adding brand-new users every day time. Successful Trials on Decentralized Exchanges DigiByte has already been successfully traded in on the subject of decentralized exchanges as a crucial step towards a decentralized electronic future. More Immune to Cracking Control DigiByte security is resilient to help a 51% harm when compared with other leading blockchains, so that it is an ideal asset intended for defending valuable information. DigiByte Core Wallet is the standard Digibyte budget, allowing for consumers to sponsor a whole node for you to achieve highest possible security. The particular Digibyte pocket will require customers in order to download and store the total blockchain. Digibyte Main can be available for Mac OS IN THIS HANDSET, Windows and Linux and are downloaded here DigiByte Pocket book is the core budget for any DigiByte cryptocurrency, produced, handled, and maintained by means of the very same core designers. The wallet works with most platforms and it's really easy to use so anybody can begin using it. If you want to get into a new cryptocurrency, DGB is worth a try. DigiByte Wallet is particularly uncomplicated to setup and get started working with. Has limited usefulness since it is just a pocket for your DGB, which it. You can encrypt the wallet and password safeguard it, other as compared to that, it does what this should, store Crypto. Company hcg diet plan firm behind the purses Jared Tate is the originator in addition to founder of DigiByte together with DigiByte Wallet, he / she will be a Cybersecurity Professional, this individual wants to fix Bitcoin's protection flaws as the blockchain. Often the blockchain may well be secured but typically the wallet is insecure as it lacks any modern security features, the idea features only encryption for often the secrets, that's it, not necessarily very good, compared to many other billfolds in existence.

[fletcher86fletcher-blog]

DigiByte Core WalletWhat makes DigiByte More Secure?<br/>Global Decentralization<br/>Often the DigiByte blockchain can be over a 250, 000+ machines, computers, phones, and nodes worldwide.<br/><br/>5 Gold mining Algorithms<br/>DigiByte uses a few protected and advanced cryptographic gold mining algorithms to reduce mining centralization in comparison to help single criteria blockchains.<br/><br/>Innovative Difficulty Stability<br/>Difficulty changes protect a blockchain coming from several types of malicious episodes. By creating and employing DigiShield & MultiShield, DigiByte has the best issues stability of any blockchain in the world nowadays.<br/><br/>What makes DigiByte More quickly?<br/><br/>15 Second Obstructions<br/>DigiByte has the fastest block out speed of any public UTXO blockchain in typically the world today having fifteen second block timings.<br/><br/>Earlier SegWit Implementation<br/>Divided watch permits for several innovations to occur on major of the DigiByte blockchain such as cross sequence dealings and single affirmation deals.<br/><br/>Blockchain Rigidity<br/>DigiByte purchases, unlike other purchases on other blockchains, are limited in size and even range to increase speed, productivity, in addition to throughput. <a href="https://sendit.cloud/w5q9n6rqec52">DigiByte Core Wallet</a> that maintains safety.<br/><br/>What makes DigiByte In advance Thinking?<br/>Cybersecurity<br/>DigiByte Blockchain engineering can be leveraged in addition to applied to programs, fixing 70% of typically the most common vulnerabilities affecting the internet today.<br/><br/>IOT Devices<br/>The future associated with DigiByte includes major connected with applying DigiByte protection in order to IOT devices plus companies that require robust devices.<br/><br/>Artificial Inteligence<br/>By pairing advancements in DigiByte Blockchain technology with artificial intellect, we are exploring new enhancements in automation and records analysis.<br/><br/><br/>The Story connected with DigiByte<br/>DigiByte provides been centered on cyber protection from the start. Basically launched in 2014 in January 10th, the genesis block included a hash headline of:<br/>"USA Today: 10/Jan/2014, Target: Information lost from up to 110M consumers<br/><br/>What makes DigiByte Different?<br/>Often the DigiByte Blockchain is perfectly located to building a secure together with decentralized digital potential future along with its unique combination connected with problem solving experience, beginning innovative innovations and sturdiness by means of 4 full-time decades of advancement.<br/><br/>Full-time Founder<br/>Jared Tate created in addition to dedicated nearly always growth towards DigiByte due to the fact becoming a person of the few blockchain young entrepreneurs who gone people within 2014.<br/><br/>Tried as well as Analyzed Technology<br/>The DigiByte blockchain has also been battle-hardened and tested for over 4 decades now, structured on the most tested blockchain technology.<br/><br/> Business Major Transaction Speeds<br/>With more rapidly confirmation times, DigiByte orders are one of this fastest ways to send value using a good blockchain.<br/><br/>Not An ICO<br/>DigiByte has never already been funded via an ICO, presale as well as token sale made, nor is usually there a good exclusive company controlling the DigiByte Blockchain in line with the vision to get a decentralized electronic future.<br/><br/> Numerous Algorithm Gold mining<br/>DigiByte was first one of the first and at present in service blockchains to tough branch from a solitary mining criteria to your five mining algorithms.<br/><br/> Work with Circumstances Nominated in Public Tournaments<br/>DigiByte technology has also been offered to governments, businesses and banks to highlight the benefits of the decentralized future.<br/><br/> <a href="http://www.yourfilelink.com/get.php?fid=1948682">DigiByte Core Wallet</a> <br/>While limited in complete amount, DigiBytes are a lot more offered than different blockchains units. An overall total regarding 21 billion DigiByte is going to be created within 21 years of age years, with each DigiByte being divisible to almost eight decimal places.<br/><br/>Early To be able to Carry out Industry Critical Attributes<br/>DigiByte development has shown industry-leading firsts over typically the last four decades which includes Digishield, MultiAlgo, MultiShield and even SegWit. This credit may remain a focus inside of all potential future development.<br/><br/>Tour's Longest Significant Blockchain<br/>Developing to 7 million obstructs, the DigiByte blockchain possesses encountered and overcome scalability issues not as yet noticed by most other significant blockchains. These innovations can continue into ongoing progress.<br/><br/> <a href="https://www.sendspace.com/file/p1kcgm">DigiByte Core Wallet</a> provides one particular of the greatest, many employed and decentralized neighborhood in our blockchain space, including brand-new end users every working day.<br/><br/>Successful Studies on Decentralized Exchanges<br/>DigiByte has already been successfully traded in on decentralized exchanges as a major step towards a decentralized online future.<br/><br/>More Proof to Hacking Control<br/>DigiByte security is resilient to a 51% harm than other leading blockchains, making it an ideal property intended for protecting valuable records.<br/><br/>Digibyte Central is the essential Digibyte budget, enabling customers to number a total node in order to accomplish greatest security. The particular Digibyte pocket will require consumers to help download and store the whole blockchain.<br/><br/>Digibyte Primary will be available for Mac OS IN THIS HANDSET, Windows and Linux and are downloaded here<br/><br/>DigiByte Pocket book is the core pocket book for your DigiByte cryptocurrency, developed, managed, and maintained by way of the exact same core developers. The pocket works in most platforms and it's uncomplicated to use so any person can begin to use it. In the event that you want to get into the latest cryptocurrency, DGB is worth a go.<br/><br/>DigiByte Wallet is incredibly effortless to setup and start applying. Has limited operation since it is just a budget for your DGB, that is it. You can encrypt the wallet and pass word safeguard it, other than this particular, it does what that is expected to, store Crypto.<br/><br/>Company and firm powering the purses<br/><br/>Jared Tate is the author in addition to founder of DigiByte and even DigiByte Wallet, he or she can be a Cybersecurity Expert, he wants to fix Bitcoin's protection flaws as a blockchain. Often the blockchain could be secured nonetheless the particular wallet is prone since it lacks any modern day security features, it provides only encryption for typically the secrets, that's it, not necessarily very good, in contrast to help many other pouches in existence.

[macdonaldparrish14-blog]

DigiByte Core Wallet

What makes DigiByte More Secure? Global Decentralization This DigiByte blockchain is usually spread over a 2 hundred, 000+ machines, computers, phones, and nodes worldwide. 5 Gold mining Algorithms DigiByte uses a few risk-free and advanced cryptographic gold mining algorithms to stop mining centralization as opposed in order to single criteria blockchains. Innovative Difficulty Steadiness Issues adjustments protect a new blockchain via several kinds of malicious attacks. By generating and implementing DigiShield and also MultiShield, DigiByte has the best issues security of any kind of blockchain in the world these days. What makes DigiByte More quickly? 15 Second Blocks DigiByte has the fastest wedge speed of any general population UTXO blockchain in the particular world today using twelve second block timings. Earlier SegWit Implementation Segregated see permits for several enhancements to occur on leading of the DigiByte blockchain such as cross cycle purchases and single evidence deals. Blockchain Rigidity DigiByte orders, unlike other purchases on other blockchains, are limited in size in addition to range to increase acceleration, effectiveness, plus throughput. Many essentially this kind of maintains safety. What makes DigiByte Front Thinking? Cybersecurity DigiByte Blockchain technologies can be leveraged plus applied to programs, fixing 90% of the most common vulnerabilities impacting on the internet today. IOT Devices The future connected with DigiByte includes the focus connected with applying DigiByte security for you to IOT devices and even solutions that require robust devices. Artificial Inteligence By pairing advancements in DigiByte Blockchain technology with artificial cleverness, we are exploring new innovations in automation and even files analysis. The History associated with DigiByte DigiByte has been devoted to cyber protection from the start. Legally launched in DigiByte Core Wallet on January 10th, the genesis block included the hash headline of: "USA Right now: 10/Jan/2014, Target: Records lost from up to 110M clients What makes DigiByte Different? The DigiByte Blockchain is properly located in direction of building a secure and even decentralized digital prospect using its unique combo connected with problem solving experience, pioneering different innovations and durability via 4 full-time yrs of development. Full-time Creator Jared Tate made plus dedicated nearly always growth in the direction of DigiByte due to the fact becoming 1 of the few blockchain young entrepreneurs who gone open public around 2014. Tried as well as Tried Technology The DigiByte blockchain has been recently battle-hardened in addition to tested for over 4 yrs now, primarily based on the most verified blockchain technology. Field Foremost Transaction Speeds With a lot quicker confirmation times, DigiByte orders are one of the fastest ways to give value using a blockchain. Not An ICO DigiByte never already been funded by an ICO, presale as well as token selling, nor is definitely there the non-public company controlling the DigiByte Blockchain in line with the vision for just a decentralized a digital future. Adjustable Algorithm Exploration DigiByte was first one of the first and presently working blockchains to challenging pay from a one mining modus operandi to five mining algorithms. Use Circumstances Nominated in Public Contests DigiByte technology has already been shown to governments, companies in addition to banks to stress the benefits of the decentralized future. Manageable Systems Whilst limited in complete number, DigiBytes are very much more obtainable than some other blockchains units. A complete involving 21 billion DigiByte will certainly be created within twenty one years, with each DigiByte being divisible to eight quebrado places. Early To Put into action Industry Critical Functions DigiByte development has revealed industry-leading firsts over this last four decades as well as Digishield, MultiAlgo, MultiShield in addition to SegWit. This attribute is going to remain a focus inside of all prospect development. Tour's Longest Significant Blockchain Increasing to 8 million obstructs, the DigiByte blockchain provides encountered and even overcome scalability issues not viewed by way of most other main blockchains. These innovations will continue into ongoing growth. Huge Community DigiByte offers one of the most significant, many involved yourself and decentralized local community in today's blockchain space, incorporating brand-new consumers every day. Successful Tests on Decentralized Exchanges DigiByte has recently been successfully bought and sold on decentralized exchanges as a crucial step towards a decentralized online future. More Resilient to Cracking Control DigiByte security is far more resilient to be able to a 51% attack when compared with other leading blockchains, which makes it an ideal asset with regard to defending valuable records. Digibyte Central is the simple Digibyte budget, allowing consumers to number some sort of entire node to gain optimum security. The Digibyte wallet will require consumers to help download and store the total blockchain. Digibyte Main will be available for Mac OS IN THIS HANDSET, Windows and Linux and are downloaded here DigiByte Pocket is the core pocket book for your DigiByte cryptocurrency, made, succeeded, and maintained simply by the very same core developers. DigiByte Core Wallet upon most platforms and it's really effortless to use so any person can start using it. If you want to acquire into a brand new cryptocurrency, DGB is worth an attempt. DigiByte Core Wallet is particularly effortless to setup and get started making use of. Has limited efficiency as it is just a pocket book for your DGB, gowns this. You can encrypt the wallet and code secure it, other than that, it does just what it should really, store Crypto. Company and firm guiding the purses Jared Tate is the founder and even founder of DigiByte plus DigiByte Wallet, they is usually a Cybersecurity Specialist, they wants to fix Bitcoin's protection flaws as a new blockchain. Often the blockchain may possibly be secured nevertheless this wallet is insecure since it lacks any modern security features, that provides only encryption for the take some time, that's the idea, certainly not very good, in contrast in order to many other pouches around.

[garner39moore-blog]

DigiByte Core Wallet

What makes DigiByte More Secure? DigiByte Core Wallet Download will be spread over a 250, 000+ computers, computers, phones, together with nodes worldwide. 5 Gold mining Methods DigiByte uses 5 safe and advanced cryptographic mining algorithms to stop mining centralization as opposed for you to single modus operandi blockchains. Sophisticated Difficulty Stability Difficulties changes protect a new blockchain by several sorts of malicious problems. By producing and employing DigiShield and MultiShield, DigiByte has the most advanced trouble stableness of virtually any blockchain in the world nowadays. What makes DigiByte Quicker? 15 Second Prevents DigiByte has the fastest block out speed of any general public UTXO blockchain in this world today with fifteen second block timings. Earlier SegWit Implementation Divided see enables for several innovative developments to occur on top of the DigiByte blockchain such as cross chain purchases and single proof orders. Blockchain Rigidity DigiByte orders, unlike other orders on other blockchains, can be limited in size and even extent to increase speed, productivity, and throughput. Almost all importantly this specific maintains security. What makes DigiByte Forth Thinking? Cybersecurity DigiByte Blockchain technology can be leveraged in addition to applied to software, fixing ?? of typically the most common vulnerabilities impacting the internet today. IOT Products The future involving DigiByte includes primary connected with applying DigiByte stability to help IOT devices in addition to solutions that require robust devices. Artificial Inteligence By pairing advancements in DigiByte Blockchain technology with artificial intellect, we are exploring brand new improvements in automation in addition to files analysis. The Background associated with DigiByte DigiByte features been devoted to cyber safety measures from the start. Formally launched in 2014 in January 10th, the genesis block included some sort of hash headline of: "USA At present: 10/Jan/2014, Target: Info lost from up to 110M shoppers What makes DigiByte Different? This DigiByte Blockchain is correctly located to building a secure and decentralized digital prospect along with its unique combination of problem solving experience, exploratory innovative innovations and durability by 4 full-time several years of progress. Full-time Originator Jared Tate produced and dedicated full-time enhancement in direction of DigiByte given that becoming 1 of the few blockchain pioneers who travelled public inside 2014. Tried plus Tried Technology The DigiByte blockchain has been battle-hardened plus tested for more than 4 many years now, centered on the most tested blockchain technology. Sector Leading Transaction Speeds With faster confirmation times, DigiByte dealings are one of the fastest ways to mail value using some sort of blockchain. Not An ICO DigiByte has never been recently funded by way of an ICO, presale as well as token selling, nor is there the non-public corporation controlling the DigiByte Blockchain in line with all of our vision for the decentralized electronic future. Variable Algorithm Exploration DigiByte has been one connected with the first and at present in service blockchains to challenging branch from a single mining criteria to 5 mining algorithms. Work with Cases Nominated in Public Contests DigiByte technology has recently been presented to governments, companies together with banks to stress the benefits of a good decentralized future. Manageable Products Even though limited in complete variety, DigiBytes are very much more available than some other blockchains units. An overall total involving 21 billion DigiByte will certainly be created within 21 years old years, with each DigiByte being divisible to 8 quebrado places. Early To Put into action Industry Critical Functions DigiByte development has demonstrated industry-leading firsts over often the last four several years like Digishield, MultiAlgo, MultiShield plus SegWit. This feature will certainly remain a focus found in all future development. Tour's Longest Major Blockchain Expanding to 7 million obstructions, the DigiByte blockchain has encountered in addition to overcome scalability issues not as yet noticed simply by most other significant blockchains. These innovations are going to continue into ongoing advancement. Significant Community DigiByte possesses one of the most significant, nearly all engaged and decentralized neighborhood in our blockchain space, including fresh consumers every day. Successful Studies on Decentralized Exchanges DigiByte has been successfully bought and sold about decentralized exchanges as a major step towards a decentralized electronic future. More Tolerant to Hacking Control DigiByte security is far more resilient to help a 51% attack than other leading blockchains, which makes it an ideal tool intended for protecting valuable data. Digibyte Key is the fundamental Digibyte finances, allowing end users to web host the full node to help obtain highest possible security. This Digibyte budget will require end users for you to download and store the total blockchain. Digibyte Primary is definitely available for Mac COMPUTER ITSELF, Windows and Linux and is downloaded here DigiByte Wallet is the core wallet for any DigiByte cryptocurrency, produced, handled, and maintained by way of the identical core developers. The wallet works with most platforms and it is effortless to use so everyone can start using it. When you want to obtain into a new cryptocurrency, DGB is worth an attempt. DigiByte Wallet is incredibly quick to setup and begin making use of. Has limited features as it is just a pocket book for your DGB, that's that. DigiByte Core Wallet 6.14.2 can encrypt the wallet and code secure it, other when compared with this specific, it does exactly what the idea should certainly, store Crypto. DigiByte Core Wallet 6.16.2 as well as organization behind the wallets Jared Tate is the inventor plus founder of DigiByte and DigiByte Wallet, he is definitely a Cybersecurity Professional, he wants to fix Bitcoin's safety flaws as a good blockchain. The particular blockchain may be secured nonetheless the wallet is insecure like it lacks any modern security features, this features only encryption for this important factors, that's the idea, not very good, compared to be able to many other wallets and handbags around.

[andresensanchez6-blog]

DigiByte Core Wallet

What makes DigiByte More Secure? Global Decentralization The particular DigiByte blockchain can be spread over a 250, 000+ web servers, computers, phones, plus nodes worldwide. 5 Gold mining Algorithms DigiByte uses several risk-free and advanced cryptographic gold mining algorithms to reduce mining centralization when compared in order to single protocol blockchains. Sophisticated Difficulty Security Issues adjustments protect some sort of blockchain from several varieties of malicious assaults. By developing and applying DigiShield and MultiShield, DigiByte has the most advanced issues steadiness of almost any blockchain in the world nowadays. What makes DigiByte More quickly? 15 Second Obstructs DigiByte has the fastest stop speed of any general population UTXO blockchain in the particular world today having fifteen second block timings. Beginning SegWit Implementation Divided experience allows for several innovations to occur on best of the DigiByte blockchain such as cross string orders and single affirmation deals. Blockchain Rigidity DigiByte purchases, unlike other transactions on other blockchains, can be limited in size plus extent to increase speed, efficiency, and even throughput. Many importantly this particular maintains stability. What makes DigiByte Forward Thinking? Cybersecurity DigiByte Blockchain technologies can be leveraged and applied to applications, fixing ?? of often DigiByte Core Wallet Download affecting the internet today. IOT Equipment The future regarding DigiByte includes the main objective regarding applying DigiByte protection to be able to IOT devices and even providers that require robust sales and marketing communications. Artificial Inteligence By merging advancements in DigiByte Blockchain technology with artificial thinking ability, we are exploring brand-new innovative developments in automation plus records analysis. The Record associated with DigiByte DigiByte provides been devoted to cyber safety measures from the start. Officially launched in 2014 with January 10th, the genesis block included some sort of hash headline of: "USA Nowadays: 10/Jan/2014, Target: Info thieved from up to 110M customers What makes DigiByte Different? Typically the DigiByte Blockchain is properly installed toward building a protected in addition to decentralized digital future having its unique mix involving problem solving experience, pioneering brand-new innovations and strength by way of 4 full-time yrs of progress. Full-time Creator Jared Tate produced and even dedicated a lot of the time development in direction of DigiByte given that becoming a person of the few blockchain founding fathers who went people in 2014. Tried as well as Tried Technology The DigiByte blockchain has already been battle-hardened and tested for more than 4 decades now, based on the most tested blockchain technology. Market Foremost Transaction Speeds With a lot quicker confirmation times, DigiByte purchases are one of the fastest ways to mail value using a good blockchain. Not An ICO DigiByte has never been funded via an ICO, presale or even token sale, nor is usually there a new individual company controlling the DigiByte Blockchain in line with our vision for a decentralized electronic digital future. DigiByte Core Wallet Download mining DigiByte has been one connected with the first and at this time exercise blockchains to really hard branch from a one mining modus operandi to 5 mining algorithms. Use DigiByte Core Wallet 6.16.3 Nominated in Public Tournaments DigiByte technology has recently been offered to governments, businesses together with banks to highlight the benefits of some sort of decentralized future. Manageable Devices While limited in total quantity, DigiBytes are a lot more obtainable than some other blockchains units. An overall total connected with 21 billion DigiByte is going to be created within 21 years of age years, with each DigiByte being divisible to eight decimal places. Early To be able to Carry out Industry Critical Characteristics DigiByte development has revealed industry-leading firsts over this last four many years which include Digishield, MultiAlgo, MultiShield in addition to SegWit. This feature will remain a focus inside of all future development. Tallest 3g base station Longest Significant Blockchain Growing to 7 million hindrances, the DigiByte blockchain provides encountered and even overcome scalability issues not seen by way of most other key blockchains. These innovations are going to proceed into ongoing advancement. Huge Community DigiByte features one particular of the largest, nearly all involved yourself and decentralized local community in today's blockchain space, including brand new consumers every day time. Successful Studies on Decentralized Exchanges DigiByte has been successfully dealt on the subject of decentralized exchanges as a major step towards a decentralized electronic future. More Proof to Cracking Control DigiByte security is far more resilient to help a 51% encounter as compared to other leading blockchains, turning it into an ideal tool intended for guarding valuable files. Digibyte Core is the simple Digibyte wallet, allowing customers to web host a new total node for you to achieve maximum security. Often the Digibyte pocket book will require consumers to be able to download and store the entire blockchain. Digibyte Core is definitely available for Mac OPERATING-SYSTEM, Windows and Linux and are downloaded here DigiByte Pocket is the core wallet to the DigiByte cryptocurrency, developed, been able, and maintained by simply the identical core programmers. The finances works on most platforms and it is effortless to use so any person can begin to use it. In case you want to have into a brand new cryptocurrency, DGB is worth a try. DigiByte Wallet is highly easy to setup and get started applying. Has limited features as it is just a wallet for your DGB, gowns this. You can encrypt the wallet and pass word shield it, other when compared with this kind of, it does precisely what that is supposed to, store Crypto. Company as well as corporation right behind the wallets and handbags Jared Tate is the founder plus founder of DigiByte plus DigiByte Wallet, he or she is usually a Cybersecurity Expert, he or she wants to fix Bitcoin's safety flaws as a good blockchain. The blockchain could be secured nonetheless the particular wallet is prone as it lacks any modern-day security features, it provides only encryption for the particular important factors, that's the idea, not really very good, compared to help many other purses around.

[falkharper6-blog]

DigiByte Core Wallet

What makes DigiByte More Secure? Global Decentralization The DigiByte blockchain is usually spread over a 200, 000+ web servers, computers, phones, and systems worldwide. 5 Mining Methods DigiByte uses a few safe and advanced cryptographic gold mining algorithms to prevent mining centralization as opposed to help single modus operandi blockchains. Superior Difficulty Security Trouble modifications protect a new blockchain through several sorts of malicious assaults. By building and applying DigiShield & MultiShield, DigiByte has the most luxurious problems stableness of almost any blockchain in the world nowadays. What makes DigiByte Faster? 15 Second Prevents DigiByte has the fastest mass speed of any public UTXO blockchain in the particular world today having fifteen second block timings. DigiByte Core Wallet 3.0.3 Segregated experience enables for several enhancements to occur on best of the DigiByte blockchain such as cross chain transactions and single evidence deals. Blockchain Rigidity DigiByte deals, unlike other transactions on other blockchains, can be limited in size and even opportunity to increase swiftness, effectiveness, plus throughput. Almost all significantly this specific maintains safety measures. What makes DigiByte Forwards Thinking? Cybersecurity DigiByte Blockchain engineering can be leveraged together with applied to software, fixing 90% of the most common vulnerabilities influencing the internet today. IOT Units The future involving DigiByte includes major of applying DigiByte safety to IOT devices plus solutions that require robust marketing communications. Artificial Inteligence By incorporating advancements in DigiByte Blockchain technology with artificial cleverness, we are exploring fresh enhancements in automation in addition to information analysis. The Story connected with DigiByte DigiByte provides been focused on cyber safety from the start. Officially launched in 2014 on January 10th, the genesis block included the hash headline of: "USA At this time: 10/Jan/2014, Target: Information compromised from up to 110M shoppers What makes DigiByte Different? DigiByte Core Wallet Download is flawlessly installed in the direction of building a protected and decentralized digital potential using its unique blend of problem solving experience, groundbreaking innovative innovations and sturdiness by way of 4 full-time many years of advancement. Full-time President Jared Tate made and even dedicated a lot of the time progress in direction of DigiByte considering that becoming one particular of the few blockchain creators who proceeded to go people within 2014. Tried and Analyzed Technology The DigiByte blockchain has already been battle-hardened and even tested for above 4 yrs now, primarily based on the most confirmed blockchain technology. Sector Major Transaction Speeds With a lot quicker confirmation times, DigiByte transactions are one of typically the fastest ways to deliver value using a new blockchain. Not An ICO DigiByte has not already been funded through an ICO, presale or perhaps token sale, nor is definitely there the private firm controlling the DigiByte Blockchain in line with the vision for the decentralized online future. Numerous Algorithm Mining DigiByte was first one connected with the first and at present active blockchains to really hard fork from a solitary mining modus operandi to 5 various mining algorithms. Use Situations Nominated in Public Competitions DigiByte technology has already been introduced to governments, corporations and even banks to focus on the benefits of a new decentralized future. Manageable Products Whilst limited in total number, DigiBytes are a lot more readily available than different blockchains units. A total connected with 21 billion DigiByte is going to be created within 21 years, with each DigiByte being divisible to 6 decimal places. Early For you to Carry out Industry Critical Functions DigiByte development has revealed industry-leading firsts over often the last four several years which includes Digishield, MultiAlgo, MultiShield in addition to SegWit. This attribute can remain a focus inside of all potential development. Earth's Longest Significant Blockchain Developing to seven million hindrances, the DigiByte blockchain provides encountered and even overcome scalability issues not as yet noticed by means of most other significant blockchains. These innovations can carry on into ongoing development. Large Community DigiByte possesses 1 of the greatest, the majority of engaged and decentralized community in the current blockchain space, adding brand-new consumers every moment. Successful Trials on Decentralized Exchanges DigiByte has been recently successfully traded in in decentralized exchanges as a important step towards a decentralized online future. More Proof to Hacking Control DigiByte security is resilient to be able to a 51% assault compared to other leading blockchains, so that it is an ideal property regarding guarding valuable records. Digibyte Primary is the essential Digibyte wallet, allowing customers to variety a good complete node to help obtain highest possible security. Typically the Digibyte pocket book will require people to help download and store the complete blockchain. Digibyte Main will be available for Mac OS, Windows and Linux and is downloaded here DigiByte Pocket is the core pocket for that DigiByte cryptocurrency, developed, managed, and maintained by simply the exact same core developers. The pocket book works about most platforms and it's really simple to use so any individual can start using it. If you want to have into a whole new cryptocurrency, DGB is worth an attempt. DigiByte Core Wallet 6.17.2 is really simple to setup and get started applying. Has limited operation since it is just a wallet for your DGB, that's it. You can encrypt the wallet and code guard it, other as compared to this specific, it does what exactly that should really, store Crypto. Company or corporation right behind the purses Jared Tate is the creator and founder of DigiByte plus DigiByte Wallet, this individual is usually a Cybersecurity Consultant, he wants to fix Bitcoin's security flaws as some sort of blockchain. Often the blockchain could be secured although often the wallet is susceptible as it lacks any modern-day security features, the idea has only encryption for this important factors, that's this, not very good, in contrast for you to many other billfolds on the market.

[thesecrettimes]

These Are the Most Worthwhile Proof-of-Work Algorithms Since Ethereum Moved to Proof-of-Stake

Since the transition from proof-of-work (PoW) to proof-of-stake (PoS), ethereum cannot be mined and miners are now dedicating hashrate to different PoW chains. Since ethereum can no longer be mined, the most profitable PoW consensus algorithms are Kadena, Scrypt, and Cuckatoo32. Five days ago, before The Merge, the consensus algorithm Ethash was the most profitable, as the top miner raked in $79.53 per day in profits. Today’s top mining rig, with Ethereum out of the picture, accrues roughly $69.41 per day mining kadena.

Today’s Top 7 Mineable PoW Algorithms Include Kadena, Scrypt, Cuckatoo32, Blake2B-Sia, X11, Equihash, and SHA256

According to the latest data from asicminervalue.com, the PoW consensus algorithm is no longer the most profitable consensus scheme to mine since the Paris upgrade triggered Ethereum’s Merge. Since September 15, Kadena has become the most profitable consensus algorithm this year. Bitmain’s application-specific integrated circuit (ASIC) mining rig, the Antminer KA3, gets an estimated $69.41 per day with electricity costs at $0.12 per kilowatt hour (kWh). Miners mine the PoW blockchain Kadena (KDA) and the Antminer KA3 produces an estimated 166 TH/s. Kadena’s network hashrate is around 0.21 exahash per second (EH/s) or 212.8632 petahash per second (PH/s). The second most profitable consensus algorithm using an ASIC mining rig is Scrypt, the consensus scheme associated with litecoin (LTC) and dogecoin (DOGE). Besides DOGE and LTC, a handful of other digital asset networks like verge (XVG) and digibyte (DGB) leverage Scrypt as well. Today’s top miner, Bitmain’s Antminer L7, can get an estimated $13.09 in daily profits. The top three miners below the Antminer KA3 are all Scrypt miners produced by Bitmain. Below Kadena and Scrypt, the third most profitable PoW consensus algorithm is Grin’s Cuckatoo32. The top Cuckatoo32 ASIC mining device can get an estimated $7.48 per day in profits. Below Cuckatoo32 includes consensus algorithms such as Blake2B-Sia, X11, Equihash, and SHA256. The consensus mechanism SHA256 is leveraged by crypto networks such as bitcoin (BTC), bitcoin cash (BCH), bitcoinsv (BSV), and namecoin (NMC). SHA256 is the seventh most profitable consensus algorithm and a BTC miner leveraging an Antminer S19 XP with 140 TH/s gets around $2.60 per day. With Ethereum removed from the equations, people can still mine Ethash coins like ethereum classic (ETC), but the top Ethash mining devices produce little profit in comparison to when people could mine ether. At the time of writing, Bitmain’s Antminer E9 with 2.4 gigahash per second of Ethash hashpower makes an estimated $0.45 per day. On September 12, the same machine mining ethereum (ETH) produced $53.45 per day, according to stats recorded by asicminervalue.com. Innosilicon’s A11 Pro ETH miner, with 1,500 megahash per second (MH/s), is not profitable and daily use leads to a loss of $3.03 per day. Five days ago, on September 12, the same machine produced $30.09 per day in profits. What do you think about the top seven mineable consensus algorithms since Ethereum dropped PoW? Let us know what you think about this subject in the comments section below. Read the full article

[virtualrebelcoffee]

What is DigiByte : How much will DigiByte be worth in 2022?

What is DigiByte : How much will DigiByte be worth in 2022?

DigiByte claims to be more secure than Bitcoin, Because its blockchain supports several mining algorithms. Because new DigiByte blocks are created more frequently than new Bitcoin blocks, the DigiByte blockchain can process transactions faster. So, what are your plans for investing in cryptocurrencies in 2022? “Should I invest in DigiByte Coin?” you might question. or “Should I Invest in Meme…

[btcmanager]

Will DigiByte (DGB) Launch an NFT Metaverse for Enterprises?

Will DigiByte (DGB) Launch an NFT Metaverse for Enterprises?

DigiByte, one of the oldest, most trusted, and high-performance blockchain projects around may, after all, have solid plans to accelerate blockchain developments to even include a metaverse with NFTs promoting the self-sovereignty benefit of decentralized blockchains if Rudy Bouwman’s tweet on Sep 2 leads. We have many “Digi’ with #DigiByte. What do you think willRead More

https://btcmanager.com/digibyte-dgb-nft-metaverse-enterprises/?utm_source=Tumblr&utm_medium=socialpush&utm_campaign=SNAP

[blockpaths]

ALERT: CRITICAL MOMENT FOR CRYPTOCURRENCY INVESTORS IN JUNE 2021! ETHEREUM, ZIL, BITCOIN UPDATE!

ALERT: Bitcoin about to RETEST the 200-day moving average!! Let’s discuss BTC as well as the latest Ethereum, Injective Protocol, Solana, Zilliqa, Fear, Algorand, and other altcoin news! HIT LIKE!!

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[cladeymoore]

Introducing rosetta-bitcoin: Coinbase’s Bitcoin implementation of the Rosetta API

By Patrick O’Grady

In June, we launched Rosetta as an open-source specification that makes integrating with blockchains simpler, faster, and more reliable. There are now 20+ blockchain projects working on a Rosetta implementation (Near, Cardano, Celo, Coda, Neo, Tron, Handshake, Oasis, Cosmos, Decred, Filecoin, Ontology, Sia, Zilliqa, Digibyte, Harmony, Kadena, Nervos, and Blockstack), five in-progress SDKs (Golang, JavaScript, TypeScript, Java, and Rust), and eight teams have made contributions to at least one of the Rosetta repositories on GitHub (rosetta-specifications, rosetta-sdk-go, and rosetta-cli).

Today, we are sharing a key contribution to this growing collection of implementations: rosetta-bitcoin.

Why Bitcoin?

Bitcoin is the bellwether for all of crypto, is the most popular blockchain, has the largest market capitalization, and most blockchain developers know how it works (so it is easier to understand how Rosetta can be implemented for other blockchains).

On another note, the reference implementation for Bitcoin (known as Bitcoin Core) doesn’t provide native support for many of the features integrators want. It is not possible to query account balances and/or UTXOs for all accounts, serve preprocessed blocks to callers so they don’t need to fetch all inputs to parse a transaction, nor to construct transactions without importing private keys onto the node (which isn’t practical for users that never bring private keys online). Often, these missing features drive integrators to run some sort of additional “indexing” software and implement their own libraries to handle transaction construction.

rosetta-bitcoin provides access to all these features, requires no configuration by default, and can be started with a single command. Furthermore, rosetta-bitcoin enables these features exclusively through RPC interaction with Bitcoin Core so we don’t need to maintain a fork of Bitcoin Core to enable this new functionality and easy configuration!

Rosetta API Refresher

rosetta-bitcoin implements both of the Rosetta API core components: the Data API and the Construction API. Together, these components provide universal read and write access to Bitcoin. We’ve included several diagrams below that outline the specific endpoints that any Rosetta API implementation supports. If you are interested in building on top of an implementation, we recommend using rosetta-sdk-go (which abstracts away these flows behind Golang functions).

The Data API consists of all the endpoints used to “get information” about a blockchain. We can get the networks supported by an implementation (which may be > 1 if a blockchain supports sharding or if it is a gateway to multiple networks), the supported operation types on each network, and the status of each network.

The Data API also allows for getting the contents of any block, getting a particular transaction in a block, and fetching the balance of any account present in a block. Rosetta validation tooling ensures that the balance computed for any account from operations in blocks is equal to the balance returned by the node (often called “reconciliation”).

Lastly, the Data API allows for fetching all mempool transactions and for fetching any particular mempool transaction. This is useful for integrators that want to monitor the status of their broadcasts and to inspect any incoming deposits before they are confirmed on-chain.

While the Data API provides the ability to read data from a blockchain in a standard format, the Construction API enables developers to write to a blockchain (i.e. construct transactions) in a standard format. To meet strict security standards, implementations are expected to be stateless, operate entirely offline, and support detached key generation and signing. We can derive an address from a public key (on blockchains that don’t require on-chain origination).

When constructing a transaction generically, it is often not possible to fully specify the result or what may appear on-chain (ex: constructing a transaction that attempts to use a “flash loan”). We call the collection of operations we can specify the transaction “intent” (which is usually a subset of all operations in the on-chain transaction). At a high-level, constructing a transaction with the Construction API entails creating an “intent”, gathering the metadata required to create a transaction with the “intent”, signing payloads from accounts responsible for the “intent”, and broadcasting the transaction created. Before attempting to sign or broadcast a transaction, we confirm that the transaction we constructed has the same “intent” we originally provided when kicking off the construction flow. You can see this entire construction flow in the diagram below:

Once we have a signed transaction (that performs the “intent” of our choosing), we can calculate its network-specific hash and broadcast it.

How it Works

We optimized for package re-use when developing rosetta-bitcoin. If it could be done with an existing package from rosetta-sdk-go, we used it. This has led to upstreaming a few significant performance improvements as we benchmarked and optimized rosetta-bitcoin.

We use Bitcoin Core to sync blocks/broadcast transactions, ingest those blocks using the syncer package, store processed blocks using the storage package, and serve Rosetta API requests using the server package from data cached using the storage package. You can find a high-level view of this architecture below:

To implement the Rosetta API /account/balance endpoint, we had to build a UTXO indexer that provides atomic balance lookups. “Atomic” in this sense means that we can get the balance of an account with the block index and block hash where it was valid in a single RPC call. With our Rosetta Bitcoin implementation, you don’t need to run a separate indexer anymore!

We implemented concurrent block ingestion to speed up block syncing and automatic pruning to remove blocks from Bitcoin Core after we ingest a block to save on space. Concurrent block ingestion allows us to populate multiple blocks ahead of the currently processing block while we wait for the most recently populated block to save (keeping our storage resources busy). Because we store all ingested blocks in our own storage cache, we don’t need to keep duplicate data around in Bitcoin Core’s database.

Last but not least, we implemented stateless, offline, curve-based transaction construction for sending from any SegWit-Bech32 Address. We opted to only support sending from SegWit-Bech32 addresses to minimize complexity in the first release (there are a lot of new moving pieces here). We look forward to reviewing community contributions that add MultiSig, Lightning, and other address support.

Try it Out

Enough with the talk, show me the code! This section will walk you through building rosetta-bitcoin, starting rosetta-bitcoin, interacting with rosetta-bitcoin, and testing rosetta-bitcoin. To complete the following steps, you need to be on a computer that meets the rosetta-bitcoin system requirements and you must install Docker.

First, we need to download the pre-built rosetta-bitcoin Docker image (saved with the tag rosetta-bitcoin:latest):

curl -sSfL https://raw.githubusercontent.com/coinbase/rosetta-bitcoin/master/install.sh | sh -s

Next, we need to start a container using our downloaded image (the container is started in detached mode):

docker run -d --rm --ulimit "nofile=100000:100000" -v "$(pwd)/bitcoin-data:/data" -e "MODE=ONLINE" -e "NETWORK=TESTNET" -e "PORT=8080" -p 8080:8080 -p 18333:18333 rosetta-bitcoin:latest

After starting the container, you will see an identifier printed in your terminal (that’s the Docker container ID). To view logs from this running container, you should run:

docker logs --tail 100 -f <container_id>

To make sure things are working, let’s make a cURL request for the current network status (you may need to wait a few minutes for the node to start syncing):

curl --request POST 'http://localhost:8080/network/status' \

--header 'Accept: application/json' \

--header 'Content-Type: application/json' \

--data-raw '{

"network_identifier": {

"blockchain": "Bitcoin",

"network": "Testnet3"

}

}' | jq

Now that rosetta-bitcoin is running, the fun can really begin! Next, we install rosetta-cli, our CLI tool for interacting with and testing Rosetta API implementations (this will be installed at ./bin/rosetta-cli):

curl -sSfL https://raw.githubusercontent.com/coinbase/rosetta-cli/master/scripts/install.sh | sh -s

We recommend moving this downloaded rosetta-cli binary into your bin folder so that it can be run by calling rosetta-cli instead of ./bin/rosetta-cli). The rest of this walkthrough assumes that you’ve done this.

We also need to download the configuration file for interacting with rosetta-bitcoin:

curl -sSfL https://raw.githubusercontent.com/coinbase/rosetta-bitcoin/master/rosetta-cli-conf/bitcoin_testnet.json -o bitcoin_testnet.json

We can lookup the current sync status:

rosetta-cli view:networks --configuration-file bitcoin_testnet.json

We can lookup the contents of any synced block (make sure the index you lookup is less than the index returned by the current index returned in sync status):

rosetta-cli view:block <block index> --configuration-file bitcoin_testnet.json

We can validate the Data API endpoints using the the `check:data` command:

rosetta-cli check:data --configuration-file bitcoin_testnet.json

This test will sync all blocks and confirm that the balance for each account returned by the `/account/balance` endpoint matches the computed balance using Rosetta operations.

Lastly, we can validate the Construction API endpoints using the `check:construction` command:

rosetta-cli check:construction --configuration-file bitcoin_testnet.json

This test will create, broadcast, and confirm testnet transactions until we reach our specified exit conditions (# of successful transactions of each type). This test automatically adjusts fees based on the estimated size of the transactions it creates and returns all funds to a faucet address at the end of the test.

When you are done playing around with rosetta-bitcoin, run the following command to shut it down:

docker kill --signal=2 <container_id>

Future Work

Publish benchmarks for sync speed, storage usage, and load testing on both testnet and mainnet

Implement Rosetta API /mempool/transaction endpoint

Add CI test to repository using rosetta-cli (likely on a regtest network)

Support Multi-Sig transactions and multi-phase transaction construction

Write a wallet package (using rosetta-sdk-go primitives) to orchestrate transaction construction for any Rosetta implementation (you can find some early work on this effort here)

If you are interested in any of these items, reach out on the community site.

Work at Coinbase

We are actively hiring passionate developers to join the Crypto team and a developer relations lead to work on the Rosetta project. If you are interested in helping to build this common language for interacting with blockchains, Coinbase is hiring.

This website contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of Coinbase, Inc., and its affiliates (“Coinbase”), and Coinbase is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. Coinbase is not responsible for webcasting or any other form of transmission received from any Third-Party Site. Coinbase is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by Coinbase of the site or any association with its operators.

All images provided herein are by Coinbase.

Introducing rosetta-bitcoin: Coinbase’s Bitcoin implementation of the Rosetta API was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

from Money 101 https://blog.coinbase.com/introducing-rosetta-bitcoin-coinbases-bitcoin-implementation-of-the-rosetta-api-71323052b32c?source=rss----c114225aeaf7---4 via http://www.rssmix.com/