May 2020

Satoshi Invented GPU Mining to Defend the Network Says Early Dev

May 30, 2020 boss

Satoshi Nakamoto had pre-invented Bitcoin (BTC) GPU mining in order to defend the network, says early Bitcoin developer who worked with the Bitcoin creator in 2010. Laszlo Hanyecz, who is known for making the first real-world Bitcoin transaction, has also been credited with inventing Bitcoin GPU mining. However, in a Cointelegraph interview, he said that not only Satoshi had invented it before him, but he also had several versions of the algorithm. Hanyecz’ Bitcointalk Post Describing GPU Mining. Source: Bitcointalk.org. “Hey, go slow with this” According to Hanyecz, one of…

The PS5 Reveal Event Won’t Answer Your Biggest Questions

May 30, 2020 boss

After announcing its June 4 PS5 reveal event, Sony teases that it will have many more announcements to make. This suggests that fans are unlikely to get all of the answers to their biggest PS5 questions the first time around. Fans have been asking Sony to confirm the PS5’s release date and price. On Friday, Sony finally confirmed that it would be holding a PS5 reveal event on June 4, 2020. The event will give fans a look at several PS5 games, with launch titles and PS5 exclusives being expected.…

This Eerily Accurate Fractal Predicts Bitcoin Will Rocket to $20,000 in 2020

May 30, 2020 boss

While Bitcoin is up 5% over the past two days, the crypto-asset market remains in consolidation. After hitting $10,100 in late April, the cryptocurrency has stagnated under that key level. It has since traded in a relatively tight consolidation pattern from $8,500 to $9,500, failing to move decisively out of this range. Though a popular trader says that Bitcoin is currently showing signs it will soon rocket higher. The sign cited is a fractal the asset has tracked for the past three years. Related Reading: Crypto Tidbits: Satoshi Isn’t Dumping…

Ai-Blockchain Issued Groundbreaking Patent for Cryptographic Digital Asset Ledger Solutions

May 30, 2020 boss

Also Read: Bitcoin Prices Face $10000 Resistance Without Strength to Cross It While Indicators Started to Go Down U.S. Patent No. 10,579,974, entitled “SYSTEMS, METHODS, AND PROGRAM PRODUCTS FOR A DISTRIBUTED DIGITAL ASSET NETWORK WITH RAPID TRANSACTION SETTLEMENTS,” was issued on March 3, 2020. The patent is directed to AiB’s core technology which enables private blockchains to transact digital assets quickly between parties such as digital rights management for media companies, financial exchanges and customers, healthcare institutions and physicians, and supply chains and retailers. AiB’s combination of leading software technology…

Alibaba Signs Blockchain-Related Deal With Chinese Port Operator

May 30, 2020 boss

China’s biggest port operator, China Merchants Port, reached a deal on May 28 with the e-commerce giant, Alibaba Group, and its affiliate, Ant Financial. This deal will allow for the development of a blockchain-based platform, which will target a number of different use cases. According to local media, the platform will allow buyers, sellers, logistic companies, banks, customs, and tax officials to conduct contactless digital export and import transactions. The companies will promote an in-depth integration of blockchain technology in the port industry. Their goal is to become the world’s…