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January 2018

World’s

Top Coins

Single Currency

10 Top coins to watchin 2018

Gaming and Cryptocurrencies

Is going mainstream

Revista_theBock

Revista the Block

www.theblock.io


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Will Become sWorld’s Single Currency By Molly Jane Zuckerman

making free and instantaneous BTC transactions closer to reality. Dorsey had participated in their 2.5 mln seed finance round, as did Litecoin’s (LTC) Dorsey did note to The Times creator Charlie Lee. that he does not believe that at the moment BTC has the capaDorsey believes that BITCOIN’s bilities to become an effective leading emergence will take CURRENCY, namely as a “probably over ten years, but it medium of exchange: could go faster”: “It’s slow and it’s costly, but as “The world ultimately will have more and more people have it, a single currency, the Internet those things go away. There will have a single currency. I are newer technologies that personally believe that it will build off of blockchain and make it more approachable.” be Bitcoin.” Jack Dorsey, the CEO of both Twitter and payment service Square, has said that he sees Bitcoin (BTC) as the world’s – and Internet’s – single future currency, The Times reports today, March 21.

interacting with BITCOIN via their Cash App, calling it a “transformation technology for our industry.”

At the end of February 2018, Dorsey had previously said that Square will focus on developing more options for

Last week, Lightning Labs, a Lightning Network (LN) developer, released the first Bitcoin ready LN implementation,


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Editor’s Welcome The Block News is an online magazine for the crypto-community, by the community. In a world where online news and discussions are changing every second and the new fiat are cryptocurrencies, the Block Pages has new and engaging feeds about Crypto. As you browse through the sections, perhaps pausing at New Coins, Geopolitical government, biggest winner and loser of the week, you will notice the diversity of articles and voices, all with one thing in common: Crypto, its surrounds and the communities within. The Block News content is different to what you will find in the information about fiat and cryptocurrencies, or

visitor-oriented publications, or local bloggers and social media groups. It is immediate, serious, informative, reflective and effective.

Registration is easy and only takes a moment. Just follow the link on the website, or register on our Facebook The Block News.

As our authors and photographers reflect on this unique corner of the world, they also share something of themselves and, for some of our writers, this has required a little pinch of courage. This is why The Crypto News does not have a comments facility. We encourage everyone who has something they want to write, or something they want to share about Cryptocurrencies, to do so in our pages.

The Block News sends a special thank you to Alejandro Apestegui, for coming up the with idea and letting us run with it. Enjoy our The Block New stories.

J.P. Rivas Editor in Chief

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Bans Crypto Mining Extensions

Google has dealt cryptocurrency mining extensions a blow by banning all mining programs from the Chrome Web Store. These extensions have proved controversial in recent months, with many Chrome extensions harnessing the processing power of unsuspecting internet users to mine CRYPTOCURRENCY remotely without their knowledge, an activity which slows down user devices.

of all extensions with mining scripts that developers have attempted to upload to Chrome Web Store have failed to comply” with their new mining policies, recently implemented to deter malicious mining extensions. As of yesterday, no new cryptomining extensions are being accepted, and existing extensions will all be delisted by late June. Google clarified that BLOCKCHAIN extensions with non-mining functions were still welcome and under no threat at this time.

Archive Poster, a popular Chrome extension supposedly designed for managing Tumblr posts, was discovered to be mining MONERO from hundreds of thousands of different devices in secret and without permission, a malicious activity now known as “cryptojacking”. An Android app was caught cryptojacking millions of devices in January, also mining Monero. While Google had already banned malicious cryptojacking apps, the recent ban takes things a step further with a blanket ban that removes all extensions designed for mining, even those openly designed for that purpose. Google released a statement yesterday outlining the reasons behind the ban, saying “90%

Cryptomining extensions were arguably popularised by torrent site The Pirate Bay, which began harnessing user’s CPU power last year in an attempt to monetize the site. Since then, bad actors have attempted to capitalize on the trend through malicious apps and extensions that are now making it difficult for legitimate versions to survive. Casual users weren’t the only ones to fall prey to covert cryptomining

operations recently – a Russian nuclear facility was allegedly compromised by its own staff when one of Russia’s most powerful supercomputers was discovered to have covert cryptomining software installed and operating. The nuclear supercomputer is supposed to remain offline at all times for security purposes, and the breach was apparently discovered when the scientists allegedly attempted to connect the computer to the Internet, Tesla fell prey to a cryptojacking incident recently along with government websites throughout the US, UK and Australia – even Google’s own DoubleClick Ad service was used to illegally distribute mining software to unsuspecting users. While many casual internet users would reportedly be glad to sacrifice some CPU power in exchange for ad-free browsing, the ban will force at least 200 million Chrome users to look elsewhere. The decision comes in quick succession after Google’s decision to ban ICO advertisements starting from June, with Twitter and Snapchat following suit.


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Artificial Intelligence andBLOCKCHAIN technology The project is new distributed ecosystem for Machine Learning and AI, based on new consensus Algorithm; It’s an augmented BLOCKCHAIN technology. It provides a decentralized artificial intelligence (AI) and machine learning (ML) mechanism for any real life and business purpose. The validation mechanism is based on Bots (robots animated by AI algorithms) installed on a decentralized network. They are elected on a scientific protocol called Proof of Involvement and Integrity (PII) so as to validate transactions on NeuroChain network.

Who is the team behind NeuroChain? The project is a complex initiative composed of scientists, technicians, business and lawyers experts. Fundamentally, the kernel is composed of two people: Billal CHOULI: a Ph.D. in Nuclear Fusion physics who strive at applying his knowledge on unchar-

ted fields. Billal is the author of the BLOCKCHAINS, a reference book on BLOCKCHAIN in France. Frederic GOUJON: an entrepreneur, expert in IT architecture with strong knowledge how to run a business and an IT project. He is also an expert on blockchain and the co-author of Blockchains. The team is then composed of a well-balanced group of professionals both in skills and characters. Their key characteristics: -Expert in decentralized technologies and ETHEREUM -Expert in Machine Learning and AI Experts in Big Data and parallel programming -Expert in IT security -Expert in systems administration -Experts in communication and business partnership -Experts in law

What are the key differences between NeuroChain and ETHEREUM? ETHEREUMis a blockchain where Turing completeness was intro-

duced (Smart contracts). NeuroChain is a blockchain project where Artificial Intelligence was introduced and play a central role (collective artificial intelligence). In other words, except the ledger, inspired from Bitcoin everything else is different: A new protocol which greatly improved speed and number of transactions, while reducing dramatically energy requirements (Proof of Involvement and Integrity) A new set of communication protocols A real ‘Intelligent’ application systems thanks to automatic learning algorithms (in opposition to simple smart contracts) An ecosystem of Collective Artificial Intelligence A better use of infrastructure : all is based on CPU An ecosystem rather than a flock of standalone programs


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Crypto against

DISCRIMINATION

A non-profit organization in India has announced a new cryptocurrency-mining program aimed at the rural youth. More specifically, the initiative is aiming to empower the country’s most impoverished, a demographic that mostly consists of a particular caste known as ‘Dalits’.


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This Bitcoin Mining Program Bids to Abolish Caste Discrimination in India Individuals belonging the Dalit community are often subjected to extreme discrimination from the moment they are born, leaving them with no choice but to lead a life of poverty. The Dalit Indian Chamber of Commerce and Industry (DICCI) is spearheading the program with the help of a cryptocurrency-related platform, Mahabfic, and social entrepreneur, Dr. Tausif Malik. According to DICCI and Mahabfic, the collaboration will result in the ‘world’s first and largest Bitcoin Mining Training Program (BMTP) for self-employment.’ DICCI founder, Shri Milind Kamble, stated that the main objective of the program is to “empower the rural population especially the youth from the farming community to earn income from their hometown or villages, this would create new economic development in these areas.’ Cryptocurrencies have been a saving grace for several such communities, including some African countries where the trend of crypto mining and entrepreneurship is emerging rapidly. Increased adoption rates in these regions have also driven up the viability of such occupations. Kamble added, “The new blockchain technology is the future of technology development and taking the world by storm and bitcoin-cryptocurrency mining is a must for blockchain platform to operate. Hence, we felt the need to offer bitcoin-cryptocurrency mining training program (BMTP) to our youth on a nationwide scale for self-employment.” While the problem of caste disparity is on the decline, especially in the more affluent regions of India, there is no doubt that a sizeable segment of the population continues to be affected by the practice. A Dalit farmer

in the state of Gujarat, for instance, was reportedly beaten to death by extremists as recently as last week. The local police not only confirmed that the attack was caste-motivated, but also said that it was in retaliation to the individual owning livestock, a symbol of prestige for the farming folk. The issue of untouchability is a major problem for India, a country that has boldly announced its plans to be a superpower within the next few decades. Several Bollywood films have also touched on the topic in some way or another in a bid to encourage social reform among the masses. For a country with a population of well over one billion though, changing public perception about the Dalit class and giving them equal opportunities might as well partially happen through the cryptocurrency asset class.


Cryptocurrency usage in

GAMING is going mainstream

AUTHOR :Tom Clancy info from ccn.com

In the past 12 months, the promise of the gaming industry has continued to materialise while some challenges have appeared on the horizon. In 2017, the value of the industry was up 10.7% to $116 bln and is expected to reach $150 bln by 2020. However, there has been a lot of controversy surrounding the way game platforms have been monetising their business models, particularly regarding EA’s extensive use of pay-for-progress rewards.


This is where CRYPTOCURRENCY and the Tap Project come in. Crypto is perfect for managing digital value across different ecosystems, and the Tap Project is aiming to make rewards and currency garnered in one game exchangeable for value in another game. This has the potential to increase user interest in gaming and reward the most dedicated gamers by allowing them to leverage their time spent in one game when they move onto the next. Tap have started ramping up their platform in recent months and have a very precisely planned roadmap to get to full adoption by the end of the year. In recent

weeks they have revamped their website offering, been preparing for an MVP launch, and have established crucial patent rights to their offering. It is an exciting time for Tap, and it will be interesting to see how the coming months pan out for the company.

Refining their vision Tap’s presentation and messaging have gone into overdrive in the past few weeks, which has netted them significant publicity in the crypto world. Their pitch has been refined and the accompanying website reflects this: “Imagine being able to transfer CURRENCY locked into games you no longer play into a wallet that is connected to your universal dashboard on the Tap Platform. With Tap Coin, your money belongs to you, not the game, and you choose which game you use it in… we are using one of the most versatile blockchain platforms, Ethereum, which when combined with the Tap Project enables gamers to achieve what was only a dream.”

Tap are making it possible to easily cash out your in-game rewards, or cash them over to other games. They are also enthusiastic about their upcoming releases:

As indicated above, Q2 will see the release of our MVP, Unity and Unreal Plugins, POS Drip Bonus, Platform API, Smart contract Core, and Exclusive Platform Game releases, and of course high level backend fixes and developments.

Many gamers have become increasingly dissatisfied with the ripoff nature of the industry, with endless cash-grabs used to making the hobby deceptively expensive. Gamers are also spending longer and longer in-game these days, in many cases leading to a vast store of in-game rewards being amassed. This all leads to a situation where many impatient fans have a lot of value locked up in each game.

In an industry which has seen a lot of ICOs based nothing but promises, the Tap Project’s release of an MVP should please investors in the platform by showing tangible proof of product. While for gamers and non-investors it seems like a project worth keeping an eye on. The project team also provide further announcement, airdrop and referral program details on their telegram channel.


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