Lifeboat Foundation

There is an interesting case of a blockchain engineer and a crime in the article.

A district court in China has reportedly ruled that Ethereum’s cryptocurrency is legal property with economic value. This ruling follows a couple of other verdicts on the legality of cryptocurrency, including bitcoin, by various Chinese courts. While cryptocurrency is not legal tender in China, people can hold and transfer them like property.

The Shenzhen Futian District People’s Court in Guangdong Province, China, has ruled that ether is legal property, protected by Chinese law, local media reported last week. This means that the Chinese are not barred from owning or transferring the cryptocurrency, local publication 8btc explained, adding that according to the court ruling:

Continue reading “Chinese Court Declares Ethereum Legal Property With Economic Value” »

Imagine being able to know when a stock is heading up or going down in the next week and then with the remaining cash you have, you would put all of your money to invest or short that stock. After playing the stock market with the knowledge of whether or not the stock will increase or decrease in value, you might end up a millionaire!

Unfortunately, this is impossible because no one can know the future. However, we can make estimated guesses and informed forecasts based on the information we have in the present and the past regarding any stock. An estimated guess from past movements and patterns in stock price is called Technical Analysis. We can use Technical Analysis (TA)to predict a stock’s price direction, however, this is not 100% accurate. In fact, some traders criticize TA and have said that it is just as effective in predicting the future as Astrology. But there are other traders out there who swear by it and have established long successful trading careers.

In our case, the Neural Network we will be using will utilize TA to help it make informed predictions. The specific Neural Network we will implement is called a Recurrent Neural Network — LSTM. Previously we utilized an RNN to predict Bitcoin prices (see article below):

China has consolidated more than half of the world’s Bitcoin mining operations. What threats could the situation create?

The crypto market has been able to add on over $20 billion to its total capitalization, with the upswing seen today by Bitcoin and many of its smaller counterparts marking a full erasure of the losses incurred during the mid-March meltdown.

The significance of today’s price action extends far beyond just boosting the market’s technical strength, as it has also revitalized investors – an occurrence indicated by trading volume on crypto exchange Binance hitting a fresh all-time high today.

This comes as the benchmark cryptocurrency’s fundamental undercurrent grows stronger, with the influx of new retail investors into BTC suggesting that there may be a shifting market dynamic that ultimately allows it to continue climbing higher.

Bitcoin crossed the $8,000 mark for the first time on Wednesday since March ahead of ‘bitcoin halving’ that will take place on May 12. Som…

New numbers from the digital asset management giant Grayscale show investors are collectively throwing big money into Ethereum for the first time, on top of record investment numbers for Bitcoin.

According to Grayscale’s Q1 2020 report, institutions are taking a serious interest in ETH, enough to print a record quarterly inflow into the Grayscale Ethereum Trust.

Spencer Noon, the head of crypto investments at DTC Capital, says the numbers show Ethereum has reached a turning point with high-net worth investors.

Cool read…hhh.

The emergence of Bitcoin as one of the hottest new investment assets has surprised many who once believed the blockchain-driven cryptocurrency would never have real-world value. It has also generated immense amounts of interest from those who had either never heard of Bitcoin before or who knew relatively little about it. As a result, there are now incredible opportunities for making extra money in the cryptocurrency niche.

In the following article, you’ll find out how to make money with Bitcoin and discover a few of the many different ways to capitalize on the cryptocurrency trend and earn Bitcoin in lots of different ways.

Continue reading “How to Earn Bitcoin in 2020 – Free Guide for Beginners” »

The digital court could open up commercial opportunities to those who cannot access traditional legal services. Image CC-0.

In a move to save time, money and effort, economics researchers utilized existing blockchain methodologies to create what they call a digital court. This would provide enforcement of contracts wherever a traditional legal court would currently settle disputes. Examples of areas which could make use of this would be auctions, business contracts and sales. As it is based on existing technology, it could be implemented right now.

Blockchain technology has great potential to impact many areas of life, commerce in particular. Put simply it is a way to ensure that information can be recorded in such a way that it cannot be manipulated afterwards. Blockchain is what is known as a distributed ledger, that is, there is no central authority, it is peer-to-peer, and its most famous application at this time is the online currency bitcoin. However, people find other uses for it.

Google Chrome has dominated the internet browser market for the last decade with a staggering near-60% market share and users stretching into the billions.

Rivals to Google Chrome, including Apple’s Safari, Microsoft’s Edge (formerly known as Internet Explorer), and Mozilla’s Firefox have largely failed to convince users to switch—but browser choices are becoming more complex.

Users’ desire for greater security, better privacy, and an ill-defined need to “take back control” from the likes of Google and Microsoft has opened the door for alternatives—including blockchain-based privacy browser Brave, whose chief executive thinks Google “is going to be taken apart over coming years.”