The best Bitcoin Lightning apps live today

So we continue our journey into the wonderful (and sometimes weird) world of Lightning Apps (LApps). And as a testament to how far the market has come, my quick ‘listicle’ has morphed into a two-part behemoth.

If you haven’t already, then check out Part 1, covering wallets, marketplaces, content monetization, and tip jars. If you have, then let’s get on with the ride.

Messaging via Lightning Network

International SMS messages cost a small fortune, but with Insms, the price comes down to that of a small lightning transaction. Ideal for anonymously stalking someone in another country. Or, if you need to receive an SMS, but don’t want to reveal your mobile number, Receive SMS has you covered. Temporary numbers to receive messages are currently available only in the US, with more countries coming soon.

But if you think terrestrial messaging is just a little passé, why not send a message via satellite.

I've written a tool to relay messages via the @Blockstream satellite. Data rate is charged through lightning network. https://t.co/FJnMYmpGtI pic.twitter.com/bzuERkEWFJ

Gaming and Gambling

Hammerland is a MineCraft lookalike MMORPG, using lightning for in-game payments (and rewards). Or if you prefer your MineCraft to be more… MineCraft, then BitQuest is...


Digital currency markets road to recovery has obstacles

Crypto markets witnessed a sizable pullback on Sunday, as bitcoin lurched back below $3,600 and major altcoins registered slight to moderate declines. Although 2019 is shaping up to be a pivotal year for cryptocurrencies, the path to recovery is riddled with obstacles, chief among them being damaged investor sentiment and a myriad of regulatory issues.

Market Update

With the exception of Tron, all major cryptocurrencies have registered declines in the past 24 hours. Bitcoin, the largest digital asset by market cap and trading volume, swung back below $3,600 through the early part of Sunday. The bitcoin price reached a session low of $3,567.25, according to CoinMarketCap. At last check, it was down 0.3% at $3,595.25.

XRP fell 1.8% to $0.3111, where it was approaching several bearish technical confluences. This comes despite Ripple announcing it had sold $535.6 million worth of XRP last year.

Ethereum declined 1.9% to $114.89. Bitcoin cash was nursing a loss of 2.8% to trade at $123.97. The value of EOS fell 2.1% to $2.40.

After peaking north of $0.03, Tron was back trading around $0.0290, having gained 1.2%. TRX has gained a whopping 21.4% over the past seven days. Read more: TRX Price Explodes While Tron’s Justin Sun Implodes on CNBC; BTT Token Will Be ‘Hybrid’.

Outside the top ten, Binance...


“Blockchain is a Natural Technology for Banks” - Yahoo Co-Founder Jerry Yang

Jerry Yang, Co-Founder of Yahoo!, has revealed that he believes blockchain holds significant importance if applied to traditional banking and finance.

Read more Technology pieces here.

Yahoo! Co-Founder and experienced entrepreneur, Jerry Yang, has announced that he believes blockchain has some serious potential when it comes to the world of banking and finance.

Giving his thoughts on a panel at the Nikkei Innovation Asia Forum, titled "Rising Tides of Innovation in Asia" taking place in Japan, Yang explained how the adoption of blockchain was at a "critical juncture". First reported by Finews Asia, Yang went on to explain that:

"...as the hype surrounding blockchain and cryptocurrencies is falling away, and while it remains to be seen if it survives this post-hype phase, blockchain technology has important applications to banking and...


Andreessen Horowitz and PayPal Co-Founder Backed Crypto Custodian Launches

Crypto Custodian Backed By Andreessen Horowitz and PayPal Co-Founder Launches

The Anchorage cryptocurrency custodian for institutional investors launched following a $17 million funding round led by venture fund Andreessen Horowitz, a press release states Wednesday, Jan. 23.

According to the announcement, PayPal co-founder Max Levchin’s SciFi VC, venture company Khosla Ventures, Mark McCombe of investment firm Blackrock, and others also took part in the series A funding round.

The developers claim they intended to make a custodian that would be more secure than cold storage in order to better support institutional investments, along with enabling active on-chain participation.

Anchorage claims to be based on the principles of easy access to assets, voting, auditing proof of existence, and quick transactions. Anchorage believes that large scale investments in digital assets, such as those from institutional players, will bring new growth...


Educating the Next Wave of Bitcoin & Blockchain Developers

Hyperbitcoinization enthusiast and writer

 Educating the Next Wave of Bitcoin Developers

Educating the Next Wave of Bitcoin Developers

Bitcoin is an open-source protocol that anybody can interact with. It is getting attention and attracting participation in different ways, whether it is through speculation, investing and sending money, all the way to contributing to what’s underneath the hood. The entire Bitcoin repository is on GitHub, inviting any developer to see the protocol’s code and perhaps contribute toward solving existing problems if they can.

A noteworthy fact, however, is that the pool of developers today is quite small.

“It's not an easy field to get into,” Jimmy Song, author of Programming Bitcoin and instructor at Programming Blockchain, told Bitcoin Magazine. “Interestingly enough, the thing that makes Bitcoin hard to get started on is the cryptography, and that's hard because the math is not familiar to developers. Specifically, finite fields and elliptic curves.”

Some would argue, though, that the small number of developers in Bitcoin today is not too small. In fact, it’s perfectly fine at the size it is for such a new industry.

“Bitcoin has only been around for 10 years, and it only started getting a lot of mainstream attention in 2017, so it hasn't been a long time to build up an ecosystem of developers,” said John Newbery, a Bitcoin Core developer and Bitcoin engineer at Chaincode Labs.

“It’s something that we hear a lot, that it is difficult to find experienced Bitcoin engineers … [Bitcoin] really only started getting mainstream attention two or three years ago, so it’s as expected. We’re doing everything we can at Chaincode to widen and deepen that pool.”

Even outside of developer knowledge, there are many aspects of various fields of expertise that require a significant level of understanding in order to grasp Bitcoin all around. Since there are so many paths that need to be explored, the question is: Where do you start?

It is important to be realistic and realize that a complete understanding of the digital currency will always be unreachable.

“I don't think it's possible to understand all aspects of Bitcoin,” Newbery said. “The frontiers...


Cardano ADA jumps 5% as crypto attention grows

Cardano’s recent run of good fortune continued on Friday, as the multi-asset chain protocol emerged as one of the market’s top performers. The public blockchain project has been riding a wave of positive momentum thanks to an active developer community and optimism concerning the evolution of Internet 3.0.

ADA Approaches Two-Week High

The value of ADA rose 5.3% on Sunday to reach $0.0473, its highest since Christmas Eve. The coin that powers the decentralized platform has returned 9.3% over the past seven days, placing it among the top performers for the week. by comparison, bitcoin traded flat for the week while XRP lost nearly 3%.

At current values, the Cardano blockchain is worth $1.2 billion, placing it 11th among active projects. Six months ago, the cryptocurrency was worth nearly $5 billion and was ranked eighth by market cap. Over that stretch, ADA has dropped more than 70%.

The latest run of good fortune has been accompanied by a notable rise in trading volume. Since last Tuesday, ADA trades have increased by 200%, according to CoinMarketCap. Nearly $44 million worth of ADA was transacted on virtual currency exchanges in the last 24 hours. ZBG and Binance each...


Bitcoin Оver $3,850 as top Cryptocurrencies see mixed trading signals

Bitcoin Hovers Оver $3,850 as Top Cryptos See Mixed Signals

Sunday, Jan. 6 — most of the top 20 cryptocurrencies are seeing a mix of moderate gains and losses on the day to press time. Bitcoin’s (BTC) price is currently hovering over $3,850 again, according to Coin360 data.

Market visualization from Coin360
Market visualization from Coin360

At press time, Bitcoin is up just a fraction of a percent on the day, trading at around $3,870. Looking at its weekly chart, the current price has come full circle from $3,867 on Dec. 30. The current price is lower than the intra-week high of $3,946 on Jan. 2, and notably higher than the low of $3,710 reported on Jan. 1.

Bitcoin 7-day price chart
Bitcoin 7-day price chart. Source: CoinMarketCap

Ethereum (ETH) remains the second-largest cryptocurrency by market cap. The divide between ETH and Ripple (XRP) — the third-largest crypto by market cap — is increasing. Ethereum’s market cap is currently $15.9 billion, while Ripple’s market cap is $14.5 billion.

Ethereum has seen its value decrease by nearly 3 percent...


A guide to understanding cryptography in blockchain technology

The creation of Bitcoin in 2009 marked the birth of the first digital currency to achieve widespread adoption across the globe. However, the concept of a secure digital currency has been around since the 1980s and there have been many previous attempts that directly inspired Satoshi Nakamoto’s creation of Bitcoin.

  • Encryption: Encoding text into an unreadable format.
  • Decryption: Reserving encryption – converting a jumbled message into its original form.
  • Cipher: An algorithm for performing encryption or decryption, usually a well-defined set of steps that can be followed.

Cryptography before the modern age was synonymous to encryption – the process of converting information from a readable format to something that makes no sense. Encryption techniques date back as far as the ancient Egyptians, and have roots spanning all throughout history.

For example, the Caesar Cipher is a famous cipher used by Julius Caesar to securely communicate with his generals. The cipher “shifts” each letter in a message by a certain amount – with a shift of 2, A would become C, B would become D, and so on.

Blockchain technology makes use of cryptography in multiple different ways – for wallets, transactions, security, and privacy-preserving protocols. This article will cover some important cryptography topics that relate to blockchain technology including public-key cryptography, hashing, and Merkle trees.

Public-key cryptography (also called asymmetric cryptography) is a cryptographic system that uses a pair of keys – a public key and a private key. The public key may be widely distributed, but the private key is meant to be known only by its owner. Keys are always created in a pair – every public key must have a corresponding private key.

Public-key cryptography is most often used for encrypting messages between two people or two computers in a secure way. Anyone can use someone’s public key to encrypt a message, but once encrypted, the only way to decrypt that message is by using the corresponding private key.

Let’s say Alice wants to send an encrypted message to Bob. It would work like this:

  • Alice uses Bob’s public key to encrypt the message.
  • Alice sends the encrypted message to Bob – if a third party intercepted it, all they would see is random numbers and letters.
  • Bob uses his private key to decrypt and read the message.

A diagram illustrating this process is shown below:

cryptography 01

Public-key cryptography is a fundamental element of blockchain technology – it is the underlying technology for wallets and transactions. When a user creates a wallet on a blockchain, they are generating a public-private key pair.

The address of that wallet, or how it’s represented on the blockchain, is a string of numbers and letters generated from the public key. Due to the nature of blockchain technology, this address is public to everyone and can be used to check the balance in that wallet or send coins to it.

The private key associated with a wallet is how to prove ownership and control the wallet. It is the only way to send coins out of it, and a lost private key means the coins inside will be stuck there forever.

A transaction on the blockchain is nothing more than a broadcasted message that essentially says, “Take X coins from my wallet and credit X coins into another wallet”. Once confirmed, the transaction is immutably written into the ledger, and the balances are updated.

However, this transaction message requires a signature from the private key of the sending wallet to be valid. After broadcasting, anyone can use that wallet’s public key to ensure the digital signature coming from the private key is authentic. This is one role of block validators before they add any transaction (i.e. message) to the blockchain.

Cryptographic hashing is another fundamental piece of blockchain technology and is directly responsible for producing immutability – one of blockchain’s most...

 


TRON Showing Bullish Trading Signs

TRON Symbol TRX | Decentralize The Web

The TRON Protocol, one of the largest blockchain based operating systems in the world, offers ... TRX consistently handles 2,000 transactions per second, 24x7.

Twitter | Facebook | RedditLinkedIn

TRON (TRX/USD) closed 2018 with strength relative to the last couple of months. It is currently trading around $0.0208. At this price level, the market is up more than 90% from its 2018 low of $0.0111 on November 25.

This huge surge in less than one month is more than enough reason for many traders to be bullish on TRON. However, one must also consider that when the market bottomed out, it lost close to 90% of its value from the 2018 peak of $0.10041. Thus, it would also make sense to say that the recent bounce is nothing more than a relief rally.

That is why it is important to examine the market closely to see whether TRON has more upside potential. We did that for you and what we saw was promising. In this article, we reveal how TRON is showing bullish signs.

Structure Resembles Market Leader

In any asset class, whether it be equities or cryptocurrencies, there are some instances when a market leader emerges and then everyone else follows its direction. For example, Apple Inc. was down big yesterday, January 3. Notice how many tech stocks followed suit.

As for cryptocurrencies, the clear market leader right now is Ethereum (ETH/USD). It is currently trading around $160 to put the market up by over 95% from its 2018 low of $83. More importantly, Ethereum has taken out firm resistance of $145. This triggered the breakout from the cup and handle pattern.

ETH/USD daily chart

TRON appears to be following the same pattern. It established...

 


Top 8 Women Entrepreneurs In Cryptocurrency

Nowadays, cryptocurrency and the blockchain is on the minds of many entrepreneurs and investors across the globe.

Cryptocurrencies came into existence in the year 2009 with the creation of the blockchain as a secure decentralized distributed ledger to serve as the public transaction ledger of the world's first cryptocurrency Bitcoin, that was conceived and presented by a pseudonymous individual or organization called Satoshi Nakamoto.

The blockchain that enables the building of digital assets is a growing list of records, called blocks, which are linked using cryptographyEach block contains a cryptographic hash of the previous block, timestamp, and transaction data.

Cryptocurrency can be described as digital money that people can use as a medium of exchange without the restriction of borders or any central control.

This digital currency system is decentralized, yet highly secure as it uses the state of the art blockchain cryptography. The term decentralized implies that cryptocurrencies don’t rely on any centralized bank or monetary system to exist.

Furthermore, its digital nature enables users to buy things or to exchange it to and from anywhere across the globe without the worry of any kind of interruption from the banks.

The currency is operated and maintained by the network of users [cryptocurrency miners] instead of any central body.

The mining process is complex but it’s essential to understand that there is a limit to how much cryptocurrency can be created and there is currently no way to exceed that limit. Making it impossible to devalue cryptocurrency as it’s possible to do for paper dollars by banks or governments printing more paper currency.

There are 1500 plus different cryptocurrencies in the crypto market like Bitcoin, Ethereum and Litecoin which all have their own distinct properties and characteristics but they all follow some of the most basic cryptocurrency principle.

The bitcoin design has inspired a new significant global digital transformation layer, and opportunity for female entrepreneurs to develop applications, and blockchains which are readable by the public, and widely used by cryptocurrencies. Here is a list of the top women who are leading the cryptocurrency startup economy including Joyce Kim, Perianne Boring, Amber Baldet, Jinglan Wang, Jen Greyson, Fahima Anwar, Meltom Demirors, Raine Revere.

 

crypto women
Courtesy of: MrBTC.org MrBTC Bitcoin Guide