News by "Bitcoin"

Deflationary cryptocurrency community acting in advance of halving slated for October 2021


PARIS, June 2nd, 2021 -- BitcoinZ, the deflationary cryptocurrency leader, today announced that as of October 2021, there would be halvings on its mining rewards. Every four years there is a halving plan for the block rewards of a digital coin. BitcoinZ improves upon the flaws in Bitcoin. A leader in cryptocurrency, BitcoinZendorses community-driven projects with fair distribution, which is more transparent than most projects and resistant to scam scenarios, which would face inflation issues.

BitcoinZ is known as the oldest and possibly the “only Bitcoin-named project” that can be mined with a normal computer using real Satoshi logic.Bitcoinz is not a Blockchain fork because it had its own “genesis block.”

“BitcoinZhas a ‘community not corporate mentality’ and was launched with the legendary ‘BITCOIN’ name because it added optional privacy with its ‘Z’ addresses and fixed the high bitcoin fees,” said a spokesperson for the BitcoinZ community. “BitcoinZ fees were reduced to almost zero, which offered scalability and protected the PC miners from the ‘ASIC elites.’ Cryptocurrency fans and newcomers can expect that there will be changes to the rewards of a mine-able digital coin.We know that legitimate projects always include these built-in changes when publically announcing digital coin.”

The spokesperson continued, “The ‘emission rate’ refers to the programmed number of coins which the project is distributing for every ‘block’ as a reward to the ‘miner.’ Through this, the programmed emissions are defining the circulating supply of the digital coins in the market, the inflation rate and the maximum supply. The consumer should know that ‘halving for the emissions rate’ happens as a hedge against inflation over time, because the price is positioned to increase, unlike the rate of fiat (dollar or Euro) currencies that very slowly inflate over time.”

BitcoinZ prides itself as it honors the bitcoin vision with a fair launch with no pre-mine or ICO sales and utilizes a proof of work model. (i.e.,It can be mined) There is neither a company structure as it is 100% community driven, nor is there a central authority issuing and distributing coins.Like Bitcoin, the mother of all cryptocurrencies, BitcoinZ is genuine cryptocurrency with genesis block Community crypto.

BitcoinZ has a halving pace for its block rewards, which is every four years. The halving process creates scarcity, which drives value increases. This process has been proven by Bitcoin’s price behavior. Bitcoin’s value has increased after its halvings. In October 2021,BitcoinZ will offer 6,250 BTCZ as a reward. Four years later, in October of 2025, this will be halved to 3,125 coins. The community-driven projects with fair coin distribution are more secure and resistant to scam scenarios because there is no governor or founding beneficiaries who technically own the majority of the coin supply.

BitcoinZ embraces the Blockchain and Bitcoin core technologies. It is anonymous and private because there are as zero knowledge proofs hiding information during private transactions. BitcoinZ are connected to a twenty-one billion-coin supply, guaranteeing purchases and transactions with full coins instead of fractions. BitcoinZ uses decentralized GPU mining and ASIC hardware resistant. Multiple wallets are available in several options on a variety of platforms for secure holdings of customer coins.

The blockchain of BitcoinZhas proven its resilience, with four years of quality transparency since the genesis block. All participants enjoy the same level of privacy and transparency. The speed of transactions is approximately 0.3 to 2 minutes, maximum. The BitcoinZ system works well because there are no “whales” involved. There is decentralized ownership, with no single investor holding more than 4.5% of the float. There is no developer tax, either. BitcoinZ features an immutable supply and maximum supply.

The BitcoinZ community is also renowned for its low energy profile. Cryptocurrencies have come under attack recently for excessive use of electricity. Mining cryptocurrencies requires prodigious amounts of electricity—to the point where the activity is actually having an impact on the environment. By enabling mining through standard computer equipment, BitcoinZ offers the advantages of crypto without the high carbon footprint. “We are trying to do our part to enable sustainable cryptocurrencies in the world,” the spokesperson added. “We feel this is an important effort to undertake, and we are proud to be leaders in this regard.”

BitcoinZ’scirculating supplyis 9.47B BTCZ, with a maximum supply of 21,000,000,000. The total supply is 9,470,496,864.

For more information go to www.Getbtcz.com and on Twitter #bitcoinz

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Media contact
mpierroteric@gmail.com

Hong Kong, China — [Jan, 26-2021]: Today, Ban On, a Blockchain.com user living in Hong Kong, China, has come forward about the company’s software security breach. According to Mr. On, the company has lost 9.41 of the Bitcoins he had deposited into the company’s wallet over the course of two years on January 3, 2021. Mr. On says that he sought aid from Blockchain.com’s Twitter support page, but has yet to receive any reply from them. After coming across the company’s Chinese Telegram group, Mr. On discovered that the company had abandoned the group and left behind many fellow Chinese victims, all of whom have also suffered lost assets after fraudsters hacked their online wallets.

Mr. On had reached out to blockchain.com's CEO Peter Smiths directly for assistance but were rejected by them. Mr. On therefore had to report the case to Action Fraud on 20th January 2021 and still waiting for respond from the police of U.K.

Mr. On began purchasing Bitcoin in 2017 and deposited them into Blockchain.com’s wallet on April 8, 2019. In total, Mr. On deposited 9.9 Bitcoins into the company. Mr. On’s losses amount is about $372,236.86 total, a devastating loss considering the fact that he had invested all his assets into Bitcoin.

Mr. On is not the first victim of such a widespread security breach; in 2019, MIT reported that hackers had stolen $2 billion worth of cryptocurrency stored in Blockchain.com wallets since 2017.

Blockchain.com’s position on the matter appears to be that it functions on a “trustless” basis, with the company having no knowledge of users’ passwords and private keys. Their claim is apparently that any loss of currency in their non-custodial wallet would be due to a security issue in users’ system, rather than any deficiency on their part. By keep claiming themselves as a “non-custodial” wallet, “have no right to access user funds”, they are in fact redirect all the risks to vulnerable users instead of taking social responsibility as an enterprise. As they are a non regulated digital platform, they are using a tricky way to avoid any potential unlawful responsibilities.

Mr. On has engaged in correspondence with the company’s customer support team, but has only received such pro-forma responses.

About:
Blockchain.com is a cryptocurrency exchange and cryptocurrency wallet service compatible with Bitcoin, Bitcoin Cash and Ethereum, as well as a Bitcoin block explorer service founded in Luxembourg, Luxembourg on August 30, 2011. The company reached over 63 million wallet users in December 2020.

Contacts:
Mr. On
Telegram @Banprince
ban.hope.banker@gmail.com
Phone: +852 57022479

Los Angeles, California, November 15th, 2020 -- Smart Bitcoin Investments is dedicated to teaching investors how to make smart investing decisions and is releasing a bitcoin calculator so people all over the world can easily calculate the value of their BTC to the fiat currency of their choice.

The bitcoin calculator will easily convert the price of BTC to any fiat currency on-demand including USD, EUR, GBP, AUD, BRL, CAD, CHF, CLP, CNY, DKK, HKD, INR, ISK, JPY, KRW, NZD, PLN, RUB, SEK, THB, TRY, and TWD.

Not only is the bitcoin calculator backed by real-time price data from Blockchain.com, but also it offers users rates in real-time for several major currencies. Through the calculator interface users have easy access to popular exchanges like Etoro, Coinbase, CEX.IO, Coinmama, Binance, Kraken, Paybis, Bittrex, Paxful, and many others should they decide that they would like to buy or sell bitcoin after viewing the price conversion.

“It is a good idea to have a tool that can help you convert the price of bitcoin to the fiat currency supported in your country,” says Jeffrey Ito, founder of Smart Bitcoin Investments and creator of Bitcoin Calculator, “and also provide the charts necessary for you to make smart trading and investing decisions”.

Bitcoin calculator is complete with an interactive historical chart. For this release the available charts include market price, total circulating bitcoin, market capitalization, and daily trade volume. Within each chart visitors can customize the time frame they would like to view or select between the last 7 days, 15 days, 30 days, 60 days, 180 days, 1 year, 3 years and all-time. The company has plans to include more charts and tools for future updates so users can enjoy advanced features without having to sign in to an exchange first.

If you have any questions about how bitcoin calculator works or if you would like to get in touch with the owner you can reach out to him using the contact information provided below.

Company Information:

Contact: Jeffrey Ito
Address: Lithium Gold Ventures, LLC
1901 Avenue of the Stars, 2nd Floor
Los Angeles, CA 90067
Email: info@smartbitcoininvestments.com
Website: https://bitcoincalculator.org/

Cheap Explainer Video- http://cheapexplainervideo.com - now accepts Bitcoin and offers a huge 20% discount to customers who pay with Bitcoin. Cheap Explainer Video specializes in creating short, highly engaging animations which succinctly present the features and benefits of a product. These animations, also known as Explainer Videos, can increase conversion rates for online businesses by 50% or more. A well made Explainer Video leverages the power of storytelling to create an emotional connection between businesses and customers, or between the product and customers. It also quickly grabs a website visitor’s attention and educates them about the product before they have a chance to lose interest. Explainer Videos are quickly becoming standard fare for web based businesses. If a website does not have a good Explainer Video, it is probably losing customers.

http://cheapexplainervideo.com founder Oladapo Ajayi is a decentralized currency enthusiast, serial entrepreneur and software developer—his innovative peer to peer Bitcoin trading software is scheduled to be released in early 2014. He is also very active in the Bitcoin community - being the sole developer and founder of the Bitcoin Coinsigner project.

Bitcoin businesses have an added challenge in that they also need to be able to quickly, easily and engagingly explain what Bitcoins are to potential customers; who may have not heard of them. They have to accomplish this in addition to showcasing the features and benefits of their particular product. Cheap Explainer Video works with each client to distill the product down to its most useful or exciting features and benefits, then create an engaging short animation which clearly shows potential customers how the product will better their lives.

According to Cheap Explainer Video founder Oladapo Ajayi, all online businesses need Explainer Videos that make customer understanding as painless as possible. No matter how complicated the product or service might be, Cheap Explainer Video will create a video designed to grab customer attention within the first five to ten seconds using animation, sound, sound effects and emotion-based voice over acting.

In an effort to support businesses and startups in the Bitcoin ecosystem, Cheap Explainer Video is offering a massive 20 percent discount to all clients who pay in Bitcoin. Oladapo Ajayi's vision for Cheap Explainer Video is simple: to produce high quality, affordable Explainer Videos which engage and educate online visitors, turning them into customers at a dramatically improved rate. As more and more online businesses enter the exploding Bitcoin space, Cheap Explainer Video's innovative and one-of-a-kind media service is perfect for Bitcoin startups worldwide to increase profits and conversions. Through Oladapo's solid Bitcoin background, and by offering a generous 20% discount on all orders paid with Bitcoin, Cheap Explainer Video is a true benefactor of Bitcoin startups across the globe.

Cheap Explainer Video also supports the long-term interest of Bitcoin by taking a stance to support efforts to preserve the fungibility of Bitcoin as a currency by supporting doctrines such as net neutrality. As that, Cheap Explainer Video will not participate in initiatives to validate, whitelist, greenlist or blacklist Bitcoin addresses.

To get in touch with Cheap Explainer Video please go to: http://cheapexplainervideo.com

Donations are welcome: 1C4vYv8mqxnZqc6ryTHj37JHDXp2GT6u2i

Media Contact:
Email: ola@cheapexplainervideo.com
Phone: +1 (646) 502-4690

Bitcoin alternative SXC was launched in May; giving individuals the most discreet payment option for transactions between merchants who offer adult fare, and discerning consumers who demand discretion. SXC, which is available for Windows, Mac and Linux users, has partnered with coinpayments.net, a merchant payment gateway that supports automatic invoicing, making it is easy for anyone worldwide to accept SXC on their sites.

The new blockchain based crypto currency has been developed specifically for the adult industry. The coin’s website looks into the mirror and boasts that SXC is, “Super Sexy and Delicious,” and promises to “provide adult content consumers, performers and producers a fast, stable and secure method of accepting microtransactions, protecting their customers privacy and progressing adult retail services into the crypto age.”

The crypto’s developers generated a buzz when they announced SXC’s debut on the bitcointalk.org forums back in May. Emerefer declared, “I can’t believe it took this long,” iGotSpots urged, “Just release it now and let's do this,” triggering this caution from Rannasha, “Can’t have a premature release, of course.”

But as much fun as SXC is, it’s serious business, and the development team takes its business very seriously:

“While the industry has struggled with a subscription based business model - or tried to mimic a microtransactional business model that has been so successful in reviving other entertainment industries online, by using ‘inhouse’ tokens on various sites - we aim to provide the first cohesive payment system that allows adoption of microtransactional business models across the entire industry, while eliminating chargebacks and allowing greater flexibility in marketing including the ability to increase points of sale for a particular item.”

“Follow the money,” Deep Throat advised a wise man in 1974. Forty years later, another wise man, no less a luminary than the brilliant and bombastic bitcoin billionaire Max Keiser, said that SXC is the crypto moneyshot and gave it two thumbs up when he tweeted that it is, “the first industry specific crypto that has billion dollar blockbuster encrypted all over it."

The prescient Kaiser proved to be positively Pavlovian when his prediction sent SXC soaring, but speculators and miners should rest assured that this unique coin has staying power, should continue to perform, and peak again and again. With its industry specific focus, fast transaction speeds, and support from the likes of Keiser; SXC is an emerging digital currency to keep and eye on in the exploding cryptocurrency space.

To learn more please go to: http://sexcoin.info

Media contact:
Name: Jim Stover
Email: Jim.stover@sexcoin.info

SXC Specs:

BlockTime: 60sec

Confirmations: 6

Difficulty: Retargets about 8 hours

Coins: 250,000,000

Reward: 100 coins per block, halved every 600,000 block

Lucky chance to have x3 or x50 sxc block.

Port: 9560

This press release is for informational purposes only and should not be taken as investment advice. Please consult with your financial adviser before deciding to invest in SXC or any other digital currency.

Cheap Explainer Video- http://cheapexplainervideo.com - now accepts Bitcoin and offers a huge 20% discount to customers who pay with Bitcoin. Cheap Explainer Video specializes in creating short, highly engaging animations which succinctly present the features and benefits of a product. These animations, also known as Explainer Videos, can increase conversion rates for online businesses by 50% or more. A well made Explainer Video leverages the power of storytelling to create an emotional connection between businesses and customers, or between the product and customers. It also quickly grabs a website visitor’s attention and educates them about the product before they have a chance to lose interest. Explainer Videos are quickly becoming standard fare for web based businesses. If a website does not have a good Explainer Video, it is probably losing customers.

http://cheapexplainervideo.com founder Oladapo Ajayi is a decentralized currency enthusiast, serial entrepreneur and software developer—his innovative peer to peer Bitcoin trading software is scheduled to be released in early 2014. He is also very active in the Bitcoin community - being the sole developer and founder of the Bitcoin Coinsigner project.

Bitcoin businesses have an added challenge in that they also need to be able to quickly, easily and engagingly explain what Bitcoins are to potential customers; who may have not heard of them. They have to accomplish this in addition to showcasing the features and benefits of their particular product. Cheap Explainer Video works with each client to distill the product down to its most useful or exciting features and benefits, then create an engaging short animation which clearly shows potential customers how the product will better their lives.

According to Cheap Explainer Video founder Oladapo Ajayi, all online businesses need Explainer Videos that make customer understanding as painless as possible. No matter how complicated the product or service might be, Cheap Explainer Video will create a video designed to grab customer attention within the first five to ten seconds using animation, sound, sound effects and emotion-based voice over acting.

In an effort to support businesses and startups in the Bitcoin ecosystem, Cheap Explainer Video is offering a massive 20 percent discount to all clients who pay in Bitcoin. Oladapo Ajayi's vision for Cheap Explainer Video is simple: to produce high quality, affordable Explainer Videos which engage and educate online visitors, turning them into customers at a dramatically improved rate. As more and more online businesses enter the exploding Bitcoin space, Cheap Explainer Video's innovative and one-of-a-kind media service is perfect for Bitcoin startups worldwide to increase profits and conversions. Through Oladapo's solid Bitcoin background, and by offering a generous 20% discount on all orders paid with Bitcoin, Cheap Explainer Video is a true benefactor of Bitcoin startups across the globe.

Cheap Explainer Video also supports the long-term interest of Bitcoin by taking a stance to support efforts to preserve the fungibility of Bitcoin as a currency by supporting doctrines such as net neutrality. As that, Cheap Explainer Video will not participate in initiatives to validate, whitelist, greenlist or blacklist Bitcoin addresses.

To get in touch with Cheap Explainer Video please go to: http://cheapexplainervideo.com

Donations are welcome: 1C4vYv8mqxnZqc6ryTHj37JHDXp2GT6u2i

Media Contact:
Name: Oladapo Ajayi
Email: ola@cheapexplainervideo.com
Phone: +1 (646) 502-4690

In October, 2013 innovative free Bitcoin portfolio management tool myBitWorth was launched: allowing Bitcoin investors to easily track the value of their total Bitcoin investment over multiple Bitcoin addresses, Bitcoin exchanges and Bitcoin Securities platforms such as BitFunder, Havelock, CryptoStocks and Direct Shares. The free tool has exploded in popularity: with traffic having risen over 300% in the last two weeks alone. The myBitWorth platform is the first in the Bitcoin space to enable astute investors to see what their Bitcoin is worth, in total, across all of the different locations their Bitcoin may currently be stored. Investors can also see their total Bitcoin net worth in multiple fiat currencies, and manage services they have invested in, with ease. The myBitWorth Bitcoin portfolio management tool is also entirely free to use!

Abe, who conceived and runs the site has been listening to users and making many requested improvements: myBitWorth is a crowd driven project which users can engage with, and play an active role in its development. Many new features will be rolled out in the coming weeks; the ability to sync settings across multiple devices, support for Bitcoin trading portfolios, and support for many alternative digital currencies to Bitcoin. Abe is also constantly adding new Bitcoin exchange feeds and Bitcoin securities porfolios to the platform.

myBitWorth is designed to be as simple to use as possible. Users can easily select the fiat currency to display their Bitcoins total value in, and choose which Bitcoin exchange service to pull the latest Bitcoin exchange rate from. The Bitcoin exchange rate is updated live every 30 seconds and appears at the top right of the page.

To import Bitcoin addresses and investments to their balance, myBitWorth users simply add a new entry by clicking on the “New” tab and selecting the type of entry. It is a simple process to then watch a Bitcoin address, import an investment portfolio from one of the Bitcoin Securities Exchanges, or follow the value of some Direct Shares. General entries allow Bitcoin holdings, and the purchase price of these coins, to be manually typed in by the user and added to the total Bitcoin portfolio’s balance.

As Bitcoin investors recognize the value of being able to track all of their Bitcoin investments easily in one place, the traffic to myBitWorth has grown over 300% in the last two weeks alone – currently receiving approximately 500 unique visitors a day. Abe from myBitWorth is currently seeking sponsors who wish to advertise on the unprecedented Bitcoin value tracking platform – reaching a dedicated user base of educated and astute Bitcoin investors who take Bitcoin portfolio management seriously.

With the recent astronomical rise of the Bitcoin to USD exchange rate, myBitWorth is leading the way in enabling Bitcoin investors to keep track of their total Bitcoin holdings, and their total net worth in Bitcoin, with ease. Being first to market in providing such a valuable, free service to Bitcoin investors bodes well for the platform’s future; especially in the current bull market which characterizes Bitcoin today.

To learn more please go to: http://mybitworth.com

Media Contact:
Name: Abe Connally
Email: info@mybitworth.com

In May 2013 DigitalCoin (DGC) was launched: a decentralized, peer 2 peer, blockchain based digital currency inspired by the Bitcoin protocol. The DigitalCoin project is geared for success and has key infrastructure in place; there is a paper wallet generator, android wallet, and applications for Mac, Windows, Linux. Over 15 online merchants and services currently accept DGC and this number is ever-increasing. The digital currency is currently traded on Cryptsy, Vircurex and CryptoTrade. DigitalCoin was designed to be a digital currency for the masses that retains value, and does not experience as much price volatility as some other crypto currencies. This regard for stability is inherent in the DGC design. It is optimized for performance and with transaction speeds five times faster than Bitcoin it is one of the fastest ways to send and receive transactions in the world. In the last 24 hours, as of the 22nd of November 2013, the DGC market capitalization rose more than 40% in the last 24 hours alone. In other words, in the last 24 hours DigitalCoin has risen in value by 40%.

The health of a digital currency can often be measured by the extent and growth of its ecosystem. Beyond the faster transaction speeds DigitalCoin has a robust ecosystem; with an increasing number of DigitalCoin exchanges and services opening their doors. The CryptoAve.com exchange is launching shortly; a new digital currency exchange developed by the DigitalCoin dev team which will have shares tradable in DigitalCoin, Bitcoin, Litecoin, Argentum, SecureCoin and traditional fiat currencies. Currently DigitalCoin can be traded for Bitcoin at Cryptsy, Vircurex and CryptoTrade. A full list of the diverse and growing DigitalCoin services and exchanges available can be seen at http://digitalcoin.co/spend/

Unlike the developers of most digital currencies; team DGC is ceaselessly working on improving the options available to DGC users. Anyone worldwide can earn and spend DGC for advertising atDigiClick.co; an online advertising platform designed by the DGC dev team with DGC at its core. The DigitalCoin team has also developed a paper wallet generator, android wallet, and applications for Mac, Windows, Linux. DigitalCoin’s dev team is highly active; ensuring the ongoing smooth operation of the DGC protocol and ready to get their hands dirty with coding if any problems should arise.

From a technical standpoint, the DigitalCoin protocol has been designed with speed, ease of use and value retention in mind. The digital currency has a block target of just 40 seconds – over five times faster than Bitcoin’s transaction speed. Similar to Bitcoin the block reward of 15 DigitalCoin will halve approximately every 3 years; ensuring DGC possesses the properties inherent to rare currencies/commodities such as Gold, Bitcoin and silver. There will be 200 000 000 DigitalCoin minted in total. With DigitalCoin market capitalization rising more than 40% in the last 24 hours alone, and possessing a blockchain that is only 200 days old – it appears the future is bright for this fast transacting Bitcoin alternative.

With the Bitcoin to USD exchange rate rise of over 1000% over the past year, many individuals worldwide are exploring the emerging opportunities provided by digital currencies. DigitalCoin is a contender for the strongest Bitcoin alternative; with its active dev team, fast transaction speeds, growing number of merchants, and its ever expanding infrastructure available to both investors and users.

Official DigitalCoin website: http://digitalcoin.co

DigitalCoin services and exchanges:

DGC on Twitter: https://twitter.com/DigitalcoinDGC

Media Contact:
Name: DigitalCoin Foundation
Email: admin@digitalcoin.co

For the technically minded here are the DigitalCoin (DGC) protocol details:

  • Similar to Litecoin, DigitalCoin utilizes a Scrypt based cryptographic algorithm for proof of work.
  • 40 second block target.
  • 15 DGC per block reward, halves approximately every 3 years. Halving the block reward gives DGC the increasing rarity properties that currencies/commodities such as gold, silver and Bitcoin possess.
  • 200 000 000 DigitalCoin will be minted in total.

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