Archive for the ‘Crypto News’ Category

Ravencoin (RVN) Has Successfully Hardforked and Switched to KAWPOW

6, May 2020

Ravencoin (RVN) has officially hardforked and has switched the PoW mining algorithm from X16Rv2 to KAWPOW. If you are running a local Ravencoin wallet you need to make sure that you have the latest Ravencoin v4.1.0 release installed. Most mining pools and services supporting RVN have already updated and support the fork, though as usual you should be careful moving coins for a while after the fork just to be on the safe side.

The Mining Rig Rentals service for leasing and renting mining rigs has recently added support for KAWPOW rigs, and so just did the NiceHash hashrate selling/buying service right in time for the fork. It will be interesting to see what will happen and if NiceHash could end up being more profitable than directly mining for Ravencoin with the user attention that the fork is generating already. And although the fork should drive away ASIC miners from the Ravencoin network the NiceHaash support could bring a lot of mining hashrate from GPU users that are not interested in RVN itself, but are in it just for the sake of better profit. AMD GPU miners can mine RVN with the new KAWPOW algorithm only using NBMiner for now at least. Nvidia GPU miners have much more choice for mining software such as kawpowminer, TT-Miner, GMiner, T-Rex, Z-enemy and Bminer. The latest kawpowminer and TT-Miner do not have dev fees, others do have 1% or 2% fee, so while performance is very similar with all of them the difference in terms of development fee can influence the decision you make.

The Monero Means Money Movie is Now Available for Free

2, May 2020

Monero Means Money: Cryptocurrency 101, Live from Leipzig is a Documentary Feature Film that explains the origins and purpose of Monero, a fungible cryptocurrency. The movie has concluded its theatrical run, so now it premieres for free on YouTube for everyone interested in checking it out. Monero Means Money is the #1 Cryptocurrency Documentary according to IMDB.

In Monero Means Money Dr. Daniel Kim gives a deep-dive summary of the technical, economic, and social aspects of fiat, Bitcoin, and Monero from 2008 to the present day. In keeping with 36C3 CDC’s theme of “Respect My Privacy,” this talk emphasizes features of cryptocurrencies and asset protection structures that are important to those early adopters who value their privacy.

Monero is cash for a connected world. It’s fast, private, and secure. With Monero, you are your own bank. You can spend safely, knowing that others cannot see your balances or track your activity. Monero is a decentralized cryptocurrency, meaning it is secure digital cash operated by a network of users. Transactions are confirmed by distributed consensus and then immutably recorded on the blockchain. Third-parties do not need to be trusted to keep your Monero safe. Monero uses ring signatures, ring confidential transactions, and stealth addresses to obfuscate the origins, amounts, and destinations of all transactions. Monero provides all the benefits of a decentralized cryptocurrency, without any of the typical privacy concessions. Transactions on the Monero blockchain cannot be linked to a particular user or real-world identity.

– For more information about the documentary movie Monero Means Money: Cryptocurrency 101…

Binance Widget Available to All Brave Desktop Browser Users

30, Apr 2020

The privacy oriented and crypto token powered Brave Browser just announced that in their latest desktop browser update (version 1.8) there is a built-in Binance widget available to all users (no need to install anything extra). The partnership between Brave and Binance has been announced last month and up until today the Binance widget was only available to the beta releases of the browser, but the latest official update brings the feature to all users. The integration of a widget that can be connected directly to a Binance user’s account makes it easier for anyone to access some basic and useful features of the crypto exchange directly from his browser without having to open the exchange every time.

The Binance widget is easily accessible from the New Tab page in the Brave desktop browser. The integration offers several functions for managing, buying, and trading cryptocurrency:

– Summary: Viewing Binance account asset balances.
– Deposit: Listing supported assets in the account, searching for specific assets, and viewing fiat value (Selecting an asset from this list will also reveal the deposit address in text and QRCode form).
– Convert: Converting from one asset to another (A conversion quote is displayed for 30 seconds; the Binance widget reflects the new balance in the “summary” tab soon after the conversion has completed).
– Buy: Buying and selling crypto assets (Purchases are reflected in the Binance widget shortly after they have concluded).

In order to interact with their Binance account, a user must first connect the Binance widget to Binance, which is done by clicking the “Connect” button on the widget itself. Once this button has been clicked, a window appears, and the user is prompted to authenticate with Binance. Once successfully authenticated, the Binance widget is fully operable. Any assets held by Binance are enumerated at this time. Because the Binance widget is built into the Brave desktop browser and is not a loaded iframe (remotely embedded document), it is designed to preserve the user’s privacy. API calls will only be made into Binance if the user authenticates via OAuth and interacts with the widget.

Users can easily disconnect their Binance widget by clicking “disconnect” from the dropdown menu in the widget. Disconnecting the Binance widget does not impact the user’s Binance account, and the Brave browser is not able to interact with a user’s account again until the user reconnects the widget. The Binance widget is enabled by default on the New Tab page, but users can hide it by clicking the menu at the top right corner of the widget, and choosing “hide Binance” from that menu.

The Binance widget should also be available on Brave’s mobile platforms sometime later this year.

– To download and try the latest Brave Browser if you haven’t done so already…


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