VovaLacoste

UYLIEC at this very moment yobit timer shows 4 hours remaining to start of airdrop and i'm really exited for what happens next.

One of the US users of the Lightning Network bitcoin network reported that it had lost 4 MTCs after the forced closure of the payment channel. Such incidents cast doubt on the viability of technology designed to increase the scale and speed up the operation of blockchain networks, experts say. The affected user said that he decided to stop the transaction by forcibly closing the channel using a multi-day node backup. This method is used by many experienced PTS holders, however, it requires the exact performance of certain actions in order not to lose money. It can be argued that the user himself is to blame for using technology that is far from ready for mass deployment and intended for micropayments to transfer a large amount of cryptocurrency. On the other hand, the situation raises many pressing issues regarding the effectiveness and security of the Lightning Network in its current form. Some participants in the discussion of the problem in Reddit believe that backing up "in minutes can lead to channel disruption." Since the network has a dynamic structure, the operation of the channel may be unstable. Similar situations are also a reminder that new technologies are imperfect. Many operations in blockchain networks do not have a return function. In this case, another owner of the site can send money back or pretend that nothing happened. However, when it comes to more than $ 30,000, you should not experiment with untested solutions.

Since launching in 2012, Coinbase has earned about $ 2 billion in user transaction fees. This was told at the Vanity Fair summit in Los Angeles by CEO Brian Armstrong. Also, according to him, Coinbase has been profitable since 2017. “Most of this profit we reinvest in business to create new products. I want Coinbase to become a company that constantly innovates, ”said Armstrong. The head of the American company added that cryptocurrencies are creating a new economy that will occupy a significant share in the GDP of various countries. The digital asset market itself will stabilize and grow as speculation diminishes. Coinbase was able to obtain a license for operations with electronic money (E-money) from the central bank of Ireland. Coinbase is also in talks to buy the startup Omni Rentals, which in the past received investment from fintech company Ripple. Omni Rentals provides services for the temporary use of various goods and has recently carried out massive layoffs. Customers of the US stock exchange in the UK can again return to the fast transfer of payments on the stock exchange. Coinbase customers can make deposits or withdraw funds in less than 60 seconds.

The Bitcoin network worked 99.984% of the time without interruptions, starting on January 3, 2009. In 10 years, only two incidents happened, when the blockchain was close to a complete halt, Bitcoinnews reports. The first crash occurred on August 15, 2010, when a hacker created 184.4 billion bitcoins from the air. This was called a “cost overrun incident”, resulting in 8 hours and 27 minutes of network downtime. The second incident occurred in March 2013. There was a conflict between the old and new versions of the network, which led to an accidental split in the blockchain. Correction of the problem took 6 hours and 20 minutes. Over the 10-year history, Bitcoin has not functioned for 14 hours and 47 minutes. Now the percentage of network operability is growing steadily, and may soon reach 99.99%

The founder of Qiwi, Sergey Solonin, has invested $ 17 million in the cryptocurrency of the Telegram messenger, he told Izvestia. He also added that he agreed to postpone the transfer of tokens due to a claim by the US Securities and Exchange Commission (SEC). Solonin does not know about the plans of other cryptocurrency investors. Of the 171 Gram investors, besides him, only the founder of Wimm-Bill-Dann, David Yakobashvili, is known. The latter declined to comment. October 23 is the deadline for Gram investors to announce whether they are ready to postpone the launch of TON. The extension of the deadline requires the consent of the majority, recalled an analyst at the Alpari Analytical Center, Vladislav Antonov. If more than 50% are against it, the Durovs will return 77% of the investments. The rest of the money could be spent on the development of the project, follows from the suit of the SEC. Lawyers interviewed by Izvestia believe that other investors will most likely not mind waiting for the dispute to be resolved, however, the Durov brothers are very likely to have agreements with banks and brokers that it is long and expensive to play back. If the tokens are not transferred to investors, Pavel Durov will have to pay fines and bear other expenses. On October 11, the American regulator filed a lawsuit against Telegram Group and TON Issuer and suspended the ICO of the TON blockchain platform, on which the Gram cryptocurrency will operate. According to the commission, in January – March 2018, the Durov brothers sold 2.9 billion coins and raised $ 1.7 billion. The SEC is unhappy that the financial information of the companies was not disclosed, as required by the laws on US securities.

I think that ETH has more prospects, because 1. High capitalization. 2. New ideas for new companies