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Wednesday, 23 May

01:16

Taiwan Eyes Blockchain Growth with New Parliamentary Alliance "IndyWatch Feed Crypto"

Lawmakers at Taiwan announced today the formation of a brand new parliamentary group aimed to help foster the nations emerging blockchain sector. The creation of the group the Taiwan parliamentary coalition for Blockchain was led by legislator Jason Hsu Yu Jen from the hopes of uniting politicians from various parties to push well defined regulatory frameworks to ease blockchain development and also to safeguard investors. An active and long time supporter of both blockchain and cryptocurrency, Hsu has on several occasions expressed his belief that the technology is vital in assisting the island remain internationally competitive. In a latest tweet, he further announced ambition to make Taiwan a crypto country and blockchain island by bring worldwide venture capital funds and crypto trades by setting up a dedicated regulatory sandbox for first coin offerings.

Lin Chih chia, Secretary General of the Government legislature arm, said at the launching ceremony which the initiative will get whole assistance from Su Chia chyuan, chairman of the Legislative residence. Regardless of what the blockchain initiative wants whether it is HR, financial assets, or a revision of present law well prioritize them for it to allow blockade industry flourish so it may be helpful in Taiwan. Lin said. Additionally, based on a video recording of the event published On Hsus Facebook feed, todays announcement also revealed the institution of the Taiwan Crypto Blockchain Self Regulatory Organization .

Seeking participation from both industry players and the academic world, the SRO sets out to mandate compliance from cryptocurrency exchanges to build a transparent, fair and trustworthy market in order to defend investors. Hsu Yu Jen picture via YouTube. The leader in blockchain news, CoinDesk is a media outlet that tries for the greatest journalistic standards and complies with a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Sources:
coindesk.com
tweet
posted
Hsu Yu-Jen
strict set of editorial policies

01:09

Surviving a nuclear attack? How would you go about it? "IndyWatch Feed Survival"

I do consider myself quite a beginner prepper with a bit of food and water stockpiled, as well as an emergency kit, but I have been seeing more and more people preparing for a nuclear attack.

Obviously, the best way to prepare for this is to look at a bunker in-home or a basement but for us peasants (most of us I assume) it becomes a really interesting game of survival. I did come across this nuclear survival...

Surviving a nuclear attack? How would you go about it?

01:00

Portrait of Cyril Flower, Lord Battersea, Frederick Sandys, 1872 "IndyWatch Feed Literature"



Portrait of Cyril Flower, Lord Battersea, Frederick Sandys, 1872

00:47

EPA busted in IQ lowering scandal "IndyWatch Feed Health"

By Stuart Cooper Campaign Director, Fluoride Action Network In November 2016, the Fluoride Action Network (FAN) together with a coalition of organizations and private citizens, including Food & Water Watch, American Academy of Environmental Medicine, International Academy of Oral Medicine & Toxicology, and Moms Against Fluoridation, presented a petition to the U.S. Environmental Protection Agency (EPA) []

The post EPA busted in IQ lowering scandal appeared first on Health Nut News.

00:46

How Cops Responded to Florida Trump Hotel Shooting "IndyWatch Feed Survival"

The following video is brought to you courtesy of the Inside Edition YouTube Channel. Click the video below to watch it now.

Newly released bodycam footage shows the dramatic shootout between Florida police and a gunman inside Trump National Doral Miami resort. The intense video shows officers exchanging gunfire with the shooter outside the hotel before moving into the lobby, where they closed in on the suspect. The drama unfolded Friday when 42-year-old Jonathan Oddi allegedly began actively shooting in the lobby of the hotel while making anti-Trump statements, CBS News reported.

00:42

Defender Gives Mugger an Educational Beat Down | Active Self Protection "IndyWatch Feed Survival"

The following video is brought to you courtesy of the Active Self Protection YouTube Channel. Click the video below to watch it now.

This mugger thought he had an easy score on his hands, no doubt. But he met a defender, not a victimand our defender gives this mugger an educational beat down that he will not soon forget. And the defender got a moto and helmet for his trouble, too!

If you want to train and get better at real life self-defense, join us on the ASP Extra channel to learn how to respond to situations like this defender giving this mugger an educational beat down! http://www.youtube.com/activeselfprotectionextra

NEWS STORIES, MORE INFO:

Raw with scant information: https://get-asp.com/mqwq

ASP merch is in stock in the storego get a newly designed limited edition phone case! http://get-asp.com/store

If you value what we do at ASP, would you consider becoming an ASP Patron Member to support the work it takes to make the narrated videos like this defender giving this mugger an educational beat down? https://get-asp.com/patron or https://get-asp.com/patron-annual gives the details and benefits.

Find a good instructor in your area and get some training: https://get-asp.com/directory

Attitude. Skills. Plan.

(music in the outro courtesy of Bensound at http://www.bensound.com)

Copyright Disclaimer. Under Section 107 of the Copyright Act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.

00:40

How Bitcoin Cash Can Avoid the Same Mistakes as Bitcoin Core, Part 4 of 4 "IndyWatch Feed Crypto"

How Bitcoin Cash Can Avoid the Same Mistakes as Bitcoin Core, Part 4 of 4

The following opinion piece on Bitcoin Cash was written by Jonald Fyookball

Weve already discussed 3 reasons why the bitcoin project was subverted: lack of education, lack of clarity, and centralized development. Today I will proffer two more: censorship and propaganda were allowed to run rampant; miners didnt understand their power and responsibility. Last Friday, Coingeek.com held a fantastic conference in Hong Kong on the topic of blockchain commerce. The conference concluded with a panel discussion featuring 3 of the most well-known thought leaders in the Bitcoin Cash community: Roger Ver, Dr. Craig Wright, and Jihan Wu. Each of them said something important that pertains to these topics.

Also read: How Bitcoin Cash Can Avoid the Same Mistakes as Bitcoin Core, Part 3

Bitcoin Cash Avoiding Censorship

Censorship is an obvious barrier to an educated community and is motivated by a desire to control the narrative. Thus, it goes hand-in-hand with propaganda and the active promotion of misinformation.

...

00:28

CNN: Trouble in Big Food: Americas cereal, soda and soup companies are in turmoil "IndyWatch Feed Health"

(Note from Erin: My editor lives in a city built on the production of cereal and has heard this exact thing from the workers who are being laid off and losing their jobs, people arent buying cereal anymore. And the fact that CEOs and board members are profit hungry and historically inflexible doesnt help, either.) RELATED []

The post CNN: Trouble in Big Food: Americas cereal, soda and soup companies are in turmoil appeared first on Health Nut News.

00:19

Safflower Oil: Why This Fat Is On the Naughty List "IndyWatch Feed Health"

safflower oil, saffola oilSafflower oil is one of the most widely available and popular vegetable oils on the planet. In India, food manufacturers market it as saffola oil, which is a blend of safflower and rice bran oil. Sometimes edible oil companies blend in soy oil as well.

In North America, safflower is available in both low oleic and high oleic form.

The post Safflower Oil: Why This Fat Is On the Naughty List appeared first on The Healthy Home Economist.

00:14

Boston Stock Exchange Partners tZero to Launch Regulated Security Token Exchange "IndyWatch Feed Crypto"

The operator of the Boston Stock Exchange has announced a partnership with Overstock subsidiary tZero to launch the worlds first regulated security token exchange. The joint venture, unveiled on Tuesday, will see tZero and Boston Stock Exchange company BOX Digital Markets develop a regulated venue that facilitates the trading of blockchain tokens that are classified

The post Boston Stock Exchange Partners tZero to Launch Regulated Security Token Exchange appeared first on CCN

00:12

It's my CAKE "IndyWatch Feed Survival"

Friday, January 25, 2013
A repost

"We cannot negotiate with those who say, 'What's mine is mine, and what's yours is negotiable.'"

-- John F. Kennedy, Address to the American People, 25 JUL 1961

Most people tend to substitute the word 'compromise' for the first 'negotiate' in that quote, and it does tend to fit the current circumstances.

Once again the anti-gun people are starting to trot out the tired and hackneyed meme of "compromise" in...


It's my CAKE

00:11

Who to contact ??? "IndyWatch Feed Survival"

Question here. This Russian investigation has been going on for a year , and I believe it's a witch hunt My question is this , why are we not hearing of all these other scandals from the Demorats side. Are there any real investigations going on on that side ?? I mean some of that stuff on the Dems side seems to be blatant criminal , corruption , treasonous actions that should be easily charged and prosecuted. So , who exactly could we contact to express our distrust , and prejudice in our...

Who to contact ???

00:06

An Active Shooter Open Fires on a Crowd. What Do You Do? "IndyWatch Feed Health"

[Editors Note: A rising epidemic is growing in this country that no one seems to know how to quell. According to a recent study, there are more mass shootings in the United States than in any other country in the world. Equally as sobering is the fact that Americanstend to suffer from mental disorders more than any other country. Could this be coincidental?

While there is no universal definition of a mass shooting, one can surmise this country has a big problem and the numbers speak for themselves. Thus far, 2018 has seen close to 100 mass shootings occur across the country. The numbers are sobering to say the least and show that something is very wrong and has sprawled nationwide debates on every subject from gun control to protection.

The fact is, we have always had a false sense of security in this country and many of us are unprepared on how to handle a situation of an active shooter opening fire. The U.S. Department of Homeland Security believes in a whole community approach to preparedness and have created workshops to help others prepare. Civilian-based companies are also seeing the need for essential training in this matter and active shooter response training companies for schools, healthcare systems, houses of worship and businesses are trying to help others get prepared.

With mass shootings increasing, we should all have a plan in advance if faced with this type of devastating emergency. While the situation and location matter,...

00:06

Breaking Monsanto Lawsuit Cancer From Weedkiller "IndyWatch Feed Survival"

The following video is brought to you courtesy of the Paul Begley YouTube Channel. Click the video below to watch it now.

Roundup the weedkiller Chemical by Monsanto has been linked to cancer as a California man files lawsuit for cancer

00:00

Power Outage Leads To Extreme Zombie Alert In Florida City "IndyWatch Feed Survival"

Lake Worth, Florida falsely sent out a zombie alert during a power outage causing some concern among residents. The Lake Worth community Facebook page claims the message was unintended.

The message was sent during a power outage at about 1:45 a.m., but it contained the additional warning of a zombie alert for Lake Worth and Terminus, potentially referencing the city in the zombie TV show The Walking Dead. The notice declared: There are now far less than seven-thousand-three-hundred-eighty customers involved due to extreme zombie activity.

Lake Worths announcement was apologized for in their Facebook post.  We are looking into reports that the system mentioned zombies, said Ben Kerr, the citys public information officer, in the post. I want to reiterate that Lake Worth does not have any zombie activity currently and apologize for the system message. According to the post, Kerr said 7,880 customers were affected and that power was restored within only 27 minutes.

Zombies have increased in popularity in recent years thanks, in part, to the TV series The Walking Dead.  Although zombies are not real (unless you consider the countless Americans walking around unaware of their surroundings with their faces locked onto their phones) people seem to often have an interesting response to such alerts.

But as the above video points out, the zombie apocalypse is already here.  And it could be just as scary as humans infected with a virus which gives them an undead appearance and demeanor.

 

Power Outage Leads To Extreme Zombie Alert In Florida City "IndyWatch Feed Survival"

Lake Worth, Florida falsely sent out a zombie alert during a power outage causing some concern among residents. The Lake Worth community Facebook page claims the message was unintended.

The message was sent during a power outage at about 1:45 a.m., but it contained the additional warning of a zombie alert for Lake Worth and Terminus, potentially referencing the city in the zombie TV show The Walking Dead. The notice declared: There are now far less than seven-thousand-three-hundred-eighty customers involved due to extreme zombie activity.

Lake Worths announcement was apologized for in their Facebook post.  We are looking into reports that the system mentioned zombies, said Ben Kerr, the citys public information officer, in the post. I want to reiterate that Lake Worth does not have any zombie activity currently and apologize for the system message. According to the post, Kerr said 7,880 customers were affected and that power was restored within only 27 minutes.

Zombies have increased in popularity in recent years thanks, in part, to the TV series The Walking Dead.  Although zombies are not real (unless you consider the countless Americans walking around unaware of their surroundings with their faces locked onto their phones) people seem to often have an interesting response to such alerts.

But as the above video points out, the zombie apocalypse is already here.  And it could be just as scary as humans infected with a virus which gives them an undead appearance and demeanor.

 

00:00

Q&A: Jen Hewetts New Book, Print, Pattern, Sew + Giveaway! "IndyWatch Feed Diy"

To many in the creative community, Jen Hewetts name is synonymous with mastery of craft: shes widely revered for her prowess in printmaking, an artist with a true grasp of her talents. A print maker, surface designer, textile artist and teacher based in San Francisco, CA, Jens style is unmistakably Jen a knowingness of self that comes from years of developing her taste, skill set and confidence. But shell be the first to tell you that it wasnt always like this.

Growing up, Jen was one of four African American children at her Catholic school, so she found comfort in a uniform that allowed her to blend in. It wasnt until Jen attended the University of California at Berkeley did she discover the freedom to dress as she pleased and find her own true sense of style. While working a corporate job, Jen took a screenprinting class for fun, igniting her passion and artistry in tactile creative works. Jen moved from printing on paper to eventually printing on fabric. In 2014 she started a project called 52 Weeks o...

Tuesday, 22 May

23:38

Bitcoin Pizza Day 2018: Community Celebrates a Takeout Order Now Worth $82 mln "IndyWatch Feed Crypto"

Bitcoin Pizza Day 2018 - infamous Papa Johns order worth over $82mln

23:30

Taiwan Eyes Blockchain Growth with New Parliamentary Alliance "IndyWatch Feed Crypto"

Taiwanese lawmakers have announced the formation of a parliamentary group aimed to foster the nation's emerging blockchain sector.

23:29

While parts of North America had its coldest April for 20 years April 2018 was 3rd warmest on record for the globeNOAA "IndyWatch Feed Uncanny"


Click on image to enlarge and read credit NOAA.
The crazy weather of 2018 in the US took a turn away from the global warming trend when NOAA claimed last month the U.S. had its coldest April in more than 20 years
Below-average temperatures spanned the Rockies to the East Coast.
Many citizens were left asking the question, when will winter end after a powerful spring storm is pummeled the U.S. Midwest and Plains as summer was put on hold with a late-season storm causing chaos in mid-April.
Record cold and even snow in some areas delayed the onset of warm spring-like conditions.
According to the National Oceanic And Atmospheric Administration (NOAA), The average April temperature across the contiguous U.S. was 48.9 degrees F (2.2 degrees below average), making it the 13th coldest April of the 124-year record, according to scientists from NOAAs National Centers for Environmental Information.
This was the coldest April since 1997.

Last week NOAA released their global report for April andWhile North America had its coldest April since 2013, the rest of the world was downright balmy.


April 2018 was 3rd warmest on record for the globe
Arctic and Antarctic sea ice cover remains small.

Below is a list of NOAA highlights for the weather globally in April.

Record and near-record-warm temperatures were felt across Europe and from Argentina to Australia, making it the third hottest April on record globally.

Lets see how the Earth fared last month and for the year to date, according to NOAAs latest monthly global climate analysis: 

Climate by the numbers 
April 2018
The average global temperature for April 2018 was 1.49 degrees F above the 20th-century average of 56.7 degrees.
This was the third highest for April in the 139-year record (18802018). Nine of the 10 warmest Aprils have occurred since 2005.
April 2018 also marks the 42nd consecutive April and the 400th consecutive month with temperatures above the 20th-century average.

The year to date | January through April 2018
The year-to-date average global temperature was 1.37 degrees F above the 20th-c...

23:19

Sweden Warns Every Single Household to Prep for WAR "IndyWatch Feed Survival"

This report was originally published by Daisy Luther at The Organic Prepper

The government of Sweden has produced a 20-page pamphlet which theyll be sending to each of the 4.8 million households in the country urging them to get prepared forWAR.

Although they havent been at war for over 200 years, for some reason, right now, they want their citizens to get prepped and fast. This goes along with an article I wrote in January of 2018 when the government urged their people to be ready to cope without help for at least a week.

Shortly before Christmas, the Swedish government quietly published a paper called Resilience. Initially, the requirement had been for people to be prepared for 3 days without help, but it seems like that was a baby step. The government itself wants to be prepared for a 3-month long civil emergency and theyre urging citizens to take responsibility, too.

It really makes you wonder what is looming ahead, doesnt it? (source)

This, however, is a direct approach, with the preparedness instructions delivered to their doors.

Heres what the government of Sweden is recommending.

  • disruptions to IT systems
  • incidents occurring in the rest of the world
  • climate change
  •  increased tension in the Baltic region

The brochure warns Swedes of things that every prepper knows. In the event of a societal emergency, help will be pro...

Sweden Warns Every Single Household to Prep for WAR "IndyWatch Feed Survival"

This report was originally published by Daisy Luther at The Organic Prepper

The government of Sweden has produced a 20-page pamphlet which theyll be sending to each of the 4.8 million households in the country urging them to get prepared forWAR.

Although they havent been at war for over 200 years, for some reason, right now, they want their citizens to get prepped and fast. This goes along with an article I wrote in January of 2018 when the government urged their people to be ready to cope without help for at least a week.

Shortly before Christmas, the Swedish government quietly published a paper called Resilience. Initially, the requirement had been for people to be prepared for 3 days without help, but it seems like that was a baby step. The government itself wants to be prepared for a 3-month long civil emergency and theyre urging citizens to take responsibility, too.

It really makes you wonder what is looming ahead, doesnt it? (source)

This, however, is a direct approach, with the preparedness instructions delivered to their doors.

Heres what the government of Sweden is recommending.

  • disruptions to IT systems
  • incidents occurring in the rest of the world
  • climate change
  •  increased tension in the Baltic region

The brochure warns Swedes of things that every prepper knows. In the event of a societal emergency, help will be provided first to those who need it most. The majority must be prepared to cope on their own for some time. Heres what Swedish website The Local has to say about the warnings.

Water, food and warmth as well as an ability...

23:17

Seoul Mayor Pledges Blockchain Boost in Re-Election Push "IndyWatch Feed Crypto"

The mayor of the South Korea capital Seoul has pledged increased support for blockchain development since he pitches for election in June. Based on a report by CoinDesk Korea on Monday, Mayor Park Won soon, who has occupied the position since 2011 and is looking for a 3rd term in office, lately announced his dedication to assisting the towns Mapo district become a centre for blockchain incubation. The report said that, now, the town government is pushing for the establishment of six major new industrial complexes to foster innovation in Seoul. Parks blockchain devotion, announced on May 20, pledges to turn one of the complexes Mapo Fintech Laboratory to a committed hub for fintech and blockchain development, which makes it the first proposal from the Seoul Metropolitan Government to encourage the nascent blockchain space.

The assured initiative, in accordance with the report, follows the mayors opinions in Apr that the town would seek to employ blockchain technology across different public services, including municipal administration subsidy administration, in bid to increase the convenience for the government and public transparency. Early last month, in an interview with CoinDesk Korea, Park additionally revealed his plan to develop the citys own cryptocurrency dubbed S Coin which could be utilized in town financed social benefits applications. The mayor also indicated at that time that Seoul can launch a dedicated fund to encourage the rise of blockchain startups. Park Won soon the image courtesy of Hankyoreh. The leader in blockchain news, CoinDesk is a media outlet that tries for the greatest journalistic standards and complies with a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Sources:
coindesk.com
report
revealed
strict set of editorial policies

23:16

He Paid How Much? CoinDesk Releases Bitcoin Pizza Day Price Tracker "IndyWatch Feed Crypto"

8 years ago today, the earliest reported trade of bitcoin to get a consumer product a set of Papa Johns pizza took place. At the total cost of 10, 000 bitcoins, it was a landmark for the adoption of cryptocurrency and one which has since been commemorated although the celebration of May 22 as Bitcoin Pizza Day. . However even the most cursory observation of Bitcoin Pizza Day is not complete with no calculation of exactly how much, in dollar terms, these 2 pizzas cost. With that, CoinDesk is today releasing a brand new widget that delivers real time calculation which you could add to any site.

As of press time, that is about $83.7 million for the 2 pies, or simply shy of $42 million apiece. But does this matter? . To understand, one ought to wind the clock back to 2010. In mid May of the year, a developer named Laszlo Hanyecz hunted to swap some of his hard earned bitcoins for supper many days afterwards, he was competent help of a fellow user of the Bitcoin Talk on-line forum, then a central hub for discussion around cryptocurrency. A deal was struck: 10, 000 BTC for 2 Papa Johns pizzas. A deal was struck: 10, 000 BTC for that time, or a fraction of a penny apiece.

Nevertheless, in time, or a fraction of a cent apiece merchandise included the time, it wasnt so much the number of bitcoins spent or the since the event was a landmark simply. Though limited to 16 pieces the transaction had taken place let alone the quiet of pizza, the era of bitcoin powered commerce had started 2 pizzas. It wasnt like bitcoins had any value back then, so the idea of trading them to get a pizza was unbelievably wasnt like bitcoins had any value back then, so the idea of trading them The New York Times, adding: no one knew it was going to become so big. .

Nonetheless, one knew it was going to get so large noteworthy bitcoin milestones. Truly, it was Hanyecz himself whod later participate in what could one day be known as Lightning Pizza Day after he used the next generation technology, now in development, to buy a pie in February. Pizza image via Shutterstock. One day be known as Lightning Pizza Day after he used the next generation technologies, now in development, to. The leader in blockchain news, CoinDesk is a media outlet which strives for the highest journalistic standards and adheres to a strict set of editorial policies.

Sources:
coindesk.com
Bitcoin Pizza Day
add to any website

The New York Times
...

23:00

Who Speaks Freely?: Art, Race, and Protest "IndyWatch Feed Literature"

One year after protests and counterprotests erupted around the exhibition of Dana Schutzs Open Casket at the Whitney Biennial, Aruna DSouza investigates the fraught history of artists, curators, and institutions invoking free-speech discourse in the interest of entrenching whiteness.

 

Parker Bright, Confronting My Own Possible Death, 2018, mixed media on paper, 19 in. x 24 in. Courtesy the artist.

 

To say that I watched the protests around Dana Schutzs Open Casket with interest would be an understatement. The decision by the curators of the 2017 Whitney Biennial to include a painting by a white artist depicting the brutally beaten body of the young Emmett Till in his coffin set off debates on social media and in real life, and I watched my Facebook feed fill with both angry condemnations and passionate defenses of Schutz, as well as thoughtful analysis, hilarious and problematic memes, and knee-jerk get off my lawn you whippersnappersstyle screeds. It was messy, loud, and at times hugely illuminating. What to many seemed a cut-and-dried argument over artistic freedom and free speech was anything but; in fact, if anything, the controversy revealed quite starkly that such values, far from universal, are doled out unequally and provisionally. Especially when the free speech in question comes in the form of protest.

For many of the (largely, but not exclusively) young African American artists, writers, and art historians who first raised the alarm around the painting, the issue was whether it was appropriate for a white artist who had never before grappled with issues of racism in her work to suddenly take up an image that loomed so large in black American experience, and which was also a signal event in the civil rights struggle. What did it mean for Schutz to paint Emmett Till and for the curators to include her work in one of the most-watched exhibitions in the U.S.especially at a moment when black people are still subject to extrajudicial violence, meted out not only by vigilante mobs operating with the tacit approval of law enforcement, as they did in Tills day, but also and...

23:00

Japans Largest Bank to Run Blockchain Payments Network by Early 2020 "IndyWatch Feed Crypto"

Blockchain technology is making inroads in the financial sector. Banks are experimenting with this technology for various purposes. Japans biggest bank is ready to take things to the next level. Mitsubishi UFJ Financial Group or MUFG is partnering with Akamai to handle up to 1 million transactions per second.

MUFG has a Bold Plan of Action

For several years now, banks have been experimenting with blockchain technology. After multiple trials, tests, and proofs of concept, the first real-world implementation is coming to market soon. Japans MUFG is working on this feature as of right now. Together with US-based Akamai, the bank will commence the commercialization of blockchain payments.

The new blockchain being developed will mainly focus on a high throughput. Up to 1 million transactions per second will be supported. Additionally, the platform will confirm such transfers within 2 seconds or less. Even batches of transactions will adhere to this same schedule, which will introduce a lot of exciting opportunities.

Further scaling of the MUFG blockchain network is on the agenda. In future iterations, the solution will scale to 10 million transactions per second. Compared to Bitcoins infrastructure, that is a vast and radical improvement. This ledger system is built on Akamais cloud service, known as Akamai Intelligent Platform.

Disrupting the Financial Industry

It is important to note MUFG is not looking to use a public blockchain like Bitcoins. Instead, the collaboration with Akamai focuses on a permissioned infrastructure. Only verified members can join the network which orders and confirms payments. It is not the decentralized approach per se, but it can make a big impact moving forward. MUFG President and group CEO Nobuyuki Hirano comments:

For years, the financial industry has sought to utilize blockchain to secure and hasten transaction processing, and lower associated costs, This ne...

23:00

Video: Antifa Versus Faith "IndyWatch Feed Health"

This video documents a harrowing event in which Antifa thugs attacked a conservative woman (Faith Goldy), and the on-scene media neither helped nor reported it. It bemoans the hypocrisy of the left, the dishonesty of the media, and the death of chivalry.

You may watch this on YouTube if there are any problems watching the video at this site. Bit Chute or DTube. -->

22:57

Battlefield America Part 1 with Reality Check on PBN "IndyWatch Feed Survival"

Battlefield America Part 1
Allen Getz Behind The Headlines Audio player below!

On this broadcast of Behind the Lines, we will identify the combatants participating for control within the United States of America. Using the concepts and ideologies examined in the previous episodes, we will identify the participants in this conflict. In conjunction with this review, the parameters of the battlefield will receive scrutiny and the parameters of the conflict will be established.

Continue reading Battlefield America Part 1 with Reality Check on PBN at Prepper Broadcasting Network.

22:54

Australian PM Turnbull Tells Government Agency to Study Blockchain "IndyWatch Feed Crypto"

Australian prime minister Malcolm Turnbull, the countrys most powerful political official, has directed the governments Digital Transformation Agency (DTA) to study potential applications of blockchain technology across government. Addressing a Senate Estimates committee on Monday night, DTA chief digital officer Peter Alexander revealed that PM Turnbull directly told the agency to explore blockchain applications after

The post Australian PM Turnbull Tells Government Agency to Study Blockchain appeared first on CCN

22:53

Little Girl Cries When She Learns She Wasnt Invited to Royal Wedding "IndyWatch Feed Survival"

The following video is brought to you courtesy of the Inside Edition YouTube Channel. Click the video below to watch it now.

Lola, a 5-year-old from Ireland, bursts into tears when she finds out she hasnt been invited to the royal wedding. I was so looking forward to it and you said Im going, she tearfully said to her mother. When mom explained that the party was she going to was a tea party at school to honor the event. That wasnt what Lola wanted to hear as she sobbed at the thought of missing the highly anticipated wedding.

22:50

How do I bake bread without an oven? "IndyWatch Feed Survival"

I get this question from time to time. Post-disaster, folks may not have a working oven - most are electric or gas, so it can be an issue. Many folks don't have a stove top oven - the most common is the Coleman folding oven. Another choice is a reflector oven - I cover these in a bit.

An answer for the how do a make bread is to steam the bread and not bake it. This is a classic for Asian buns and dumplings. Here is a video I found that walks you thru (with recipe) for...

How do I bake bread without an oven?

22:45

The Auto Industry Is Gearing Up for a Blockchain-Powered Future "IndyWatch Feed Crypto"

Automotive executives are starting to wake up to the use cases of blockchain in the industry, but there's a way to go.

22:39

Kp Message 5-22-18 Important to Connect with The Energies at this time "IndyWatch Feed Uncanny"

This is short. All I know at this moment is that it is very important, for the planet and all who are journeying on it, to connect with the Energies and follow the Guidance we each receive.

Right now thats why Im having challenge to post much of anything.

Sometimes I feel I should post this or that or this or that, and when that idea comes in, I know Im off the base path.

Im here to work with and in alignment with The Energies of the moment.

And thats why Im here.

Aloha Kp

22:39

ELECTROSMOG CAUSES DIABETES HOW TO PROTECT YOURSELF "IndyWatch Feed Health"

We all know that Diabetes is one of the most prevalent conditions of our era, with millions of people affected by it. What is less known however is that, apart from lifestyle choices and obesity, there is a third factor that can affect our blood sugar and cause or aggravate the diabetic condition. This factor

22:35

Johannesburg Gets a New Crypto ATM, Ban Threatened Harare May Lose One "IndyWatch Feed Crypto"

Johannesburg Gets a New Crypto ATM, Ban Threatened Harare May Lose One

A new crypto teller machine is now operational in South Africas largest city, Johannesburg. The ATM, which supports several digital coins, has been installed at a supermarket in the north-western part of the citys metro area. It is the latest addition to a growing number of terminals offering automated crypto-fiat exchange services in the country and across the continent. Not all is rosy in the region, however. A crypto ban in neighboring Zimbabwe may deprive Harare of its bitcoin ATM. Nevertheless, crypto teller services are spreading in Africa.   

Also read: Coinsource Installs 20 Bitcoin ATM Machines Around Washington DC

Multicurrency ATM Installed in a South African Supermarket

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22:33

Ribeyrolles 1918 Frances First Assault Rifle or a Failed Prototype? "IndyWatch Feed Survival"

The following video is brought to you courtesy of the Forgotten Weapons YouTube Channel. Click the video below to watch it now.

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Paul Ribeyrolles was the manager of the Gladiator bicycle factory, and by 1918 he had significant experience in small arms design, having been a core member of the team that designed and built the 1915 CSRG Chauchat automatic rifle and the RSC-1917 semiautomatic rifle. These were forward-looking weapons, the first of their types ever to be successfully used in combat. Ribeyrolles continued to pursue the next generation of infantry small arms, and in the summer of 1918 he presented his 1918 automatic rifle for military testing at Versailles.

The model 1918 met most of the requirements to be considered an assault rifle by todays standards it used an intermediate cartridge, it could fire in both semiautomatic and fully automatic modes, and it was fed by detachable box magazines (with a capacity of 25 rounds). The cartridge it used was a modification of the .351 Winchester WSL cartridge, modified to be semi-rimmed and to use an 8mm Lebel armor-piercing bullet. Unlike modern weapons of this type, however, Ribeyrolles rifle used a simple blowback action and this required a quite heavy bolt to work properly. Unloaded, the weapon weighed 11.25 pounds (5.1kg), and the long receiver necessary for the bolt to effectively decelerate gave it an overall length of 1.09m (43 inches) this was long and heavy for its capabilities. Still, it was conceptually pretty advanced for 1918.

The biggest problem which prevented the gun from seeing any military interest was reliability. At the 1918 trials, it was very unreliable the one source I sound said that 53 malfunctions were had in 75 rounds of semiautomatic fire. That is definitely a sign of a design not ready for adoption!

Ribeyrolle brough the gun back for more testing in the summer of 1921 at Camp de Chalons, but it does not appear that he had fully cured the reliability problems. In addition, the guns futuristic concept left it out of place in the arms lineup envisioned by the French military. It was too heavy and bulky to fill the role of a personal weapon like a submachine gun (note that the SMG ult...

22:33

Hawaii becomes first state in the U.S. to ban the toxic pesticide chlorpyrifos "IndyWatch Feed Health"

At the beginning of the month, Hawaii made history by becoming the first state in the U.S. to ban the pesticide chlorpyrifos. The highly toxic neurotoxin causes significant damage to brain development in children and under the Obama administration the EPA had pledged to ban its use in agriculture ( the Pruitt-led EPA under the current []

The post Hawaii becomes first state in the U.S. to ban the toxic pesticide chlorpyrifos appeared first on Health Nut News.

22:21

Our 10 Favorite Surprises in Deadpool 2, Ranked "IndyWatch Feed Uncanny"


Cuddle up with your best roomie and read this spoilery Deadpool 2 article.Photo: Fox

Deadpool 2 is so packed with references and jokes about every single genre and property imaginable (and some unimaginable, too), trying to cover them all comprehensively is basically impossible. So were going with quality over quantity instead: These are our favorite surprisesthe characters, references, one-liners, and morein a film chock full of truly wonderful batshit insanity.

22:10

Sweden Warns Every Single Household to Prep for WAR "IndyWatch Feed Survival"

by Daisy Luther

The government of Sweden has produced a 20-page pamphlet which theyll be sending to each of the 4.8 million households in the country urging them to get Read the rest

The post Sweden Warns Every Single Household to Prep for WAR appeared first on The Organic Prepper.

22:00

A Small Victory "IndyWatch Feed Literature"

Anthologia Palatina 11.95 = Lucillius (fl. 60s CE)

During the summer, as little Macron lay
Asleep, a little mouse stumbled upon him
And dragged him by the foot into his hole.
Macron, in the hole, despite his lack
Of weapons managed to strangle the mouse, and said
O Father Zeus, you have a second Heracles!

 
   

    , , .

Banquet Still-Life with a Mouse, Abraham van Beijeren, 1667

22:00

The Jin Dynasty: The Sima Clan Fights to Hold China Together "IndyWatch Feed Uncanny"


The Jin () Dynasty was an imperial dynasty that ruled China between the 3rd and 5th centuries AD. It was established following the Three Kingdoms period, during which China was fragmented into three powerful states. The Jin Dynasty succeeded in conquering these three kingdoms, thus reuniting China. However, it soon fell into disorder once again.

When the Jin Dynasty lost its northern territories, it marked the beginning of the Sixteen Kingdoms period. The loss of northern China also serves as a division between the Western and Eastern Jin. This dynasty ended when its last emperor was forced to abdicate by one of his generals.

A painted tomb brick from the Western Jin Dynasty. ( Public Domain )

The End of Three Kingdoms

Prior to the Jin Dynasty, China was divided between three warring kingdoms Shu, Wei, and Wu. This era, known as the Three Kingdoms period, came to an end when all three kingdoms were conquered by the Sima clan, who founded the Jin Dynasty.

Although Sima Yan (also known as Emperor Wu of Jin) established the Jin Dynasty, its foundations were laid by his predecessors. His grandfather, Sima Yi, was appointed as regent when Cao Fang ascended the throne of Wei as a minor. The Sima clans rise to power continued under Sima Yis children, Sima Shi and Sima Zhao. It was during Sima Zhaos regency that Shu was conquered by Wei.

In 266 AD, Sima Zhaos son, Sima Yan, forced Cao Huan to abdicate in his favor, thus bringing an end to Wei. Cao Huan was granted the title Prince of Chenliu and was treated well by Sima Yan and his successor. Although the Jin Dynasty was thus established, it did not have control over all of China. This was only attained in in 280 AD, when the Three Kingdoms period came to an end. During that year, the Jin Dynasty succeeded in conquering Wu, the last of the Three Kingdoms.

Although Sima Yan was a capable ruler, his successor, Sima Zhong was much less so. The second Jin emperor, who is known also as Emperor Hui of Jin, suffered from a developmental disability which made him unfit to rule. Because of this, there was much infighting amongst the members of the Jin royal family for control over the emperor. This conflict is known as the War of the Eight Princes and it lasted until the emperors death in 306 AD.

Sima Yan, Emperor Wu of Jin. (Public Domain)

Sima Yan, Emperor......

The Jin Dynasty: The Sima Clan Fights to Hold China Together "IndyWatch Feed Uncanny"


The Jin () Dynasty was an imperial dynasty that ruled China between the 3rd and 5th centuries AD. It was established following the Three Kingdoms period, during which China was fragmented into three powerful states. The Jin Dynasty succeeded in conquering these three kingdoms, thus reuniting China. However, it soon fell into disorder once again.

When the Jin Dynasty lost its northern territories, it marked the beginning of the Sixteen Kingdoms period. The loss of northern China also serves as a division between the Western and Eastern Jin. This dynasty ended when its last emperor was forced to abdicate by one of his generals.

A painted tomb brick from the Western Jin Dynasty. ( Public Domain )

The End of Three Kingdoms

Prior to the Jin Dynasty, China was divided between three warring kingdoms Shu, Wei, and Wu. This era, known as the Three Kingdoms period, came to an end when all three kingdoms were conquered by the Sima clan, who founded the Jin Dynasty.

Although Sima Yan (also known as Emperor Wu of Jin) established the Jin Dynasty, its foundations were laid by his predecessors. His grandfather, Sima Yi, was appointed as regent when Cao Fang ascended the throne of Wei as a minor. The Sima clans rise to power continued under Sima Yis children, Sima Shi and Sima Zhao. It was during Sima Zhaos regency that Shu was conquered by Wei.

In 266 AD, Sima Zhaos son, Sima Yan, forced Cao Huan to abdicate in his favor, thus bringing an end to Wei. Cao Huan was granted the title Prince of Chenliu and was treated well by Sima Yan and his successor. Although the Jin Dynasty was thus established, it did not have control over all of China. This was only attained in in 280 AD, when the Three Kingdoms period came to an end. During that year, the Jin Dynasty succeeded in conquering Wu, the last of the Three Kingdoms.

Although Sima Yan was a capable ruler, his successor, Sima Zhong was much less so. The second Jin emperor, who is known also as Emperor Hui of Jin, suffered from a developmental disability which made him unfit to rule. Because of this, there was much infighting amongst the members of the Jin royal family for control over the emperor. This conflict is known as the War of the Eight Princes and it lasted until the emperors death in 306 AD.

Sima Yan, Emperor Wu of Jin. (Public Domain)

Sima Yan, Emperor......

22:00

Sturgeon researcher nets 13 retractions for fake peer review "IndyWatch Feed Health"

A fish scientist in Iran has now lost 13 papers about the properties of Sturgeon sperm try saying that five times fast and other ichthyological topics over concerns about faked peer review. The three most recent retractions come from the Journal of Animal Physiology and Animal Nutrition. According to the notice: The below Continue reading Sturgeon researcher nets 13 retractions for fake peer review

22:00

Asian Crypto Exchange Rivalry Heats Up as OKEx Chief Moves to Huobi "IndyWatch Feed Crypto"

According to reports Chris Lee, the former CEO of the worlds largest crypto currency exchange, OKEx, has joined arch rivals Huobi. He takes the position of vice president of global development, responsible for heading the groups global mergers and acquisitions strategy in addition to supervising international development.

High Turnover, Internal Differences

Lee will be taking the Singapore headquartered exchange towards its global expansion goals. Huobi has already made moves towards a base in London following departure from a restrictive environment in China. The company made the official announcement on Monday which was confirmed by Lee on his twitter account;

Citing internal differences and a notable turnover in executives, Lee had been with OKExs parent company OKCoin since 2015;

For my former employer, I have done all I could The first generation of OKCoins international and management teams have left. How many of the second generation are still there? And how many CTOs have left in the last three to four years?

When co-founder Xu Mingxing stepped down from the CEO position in February, Lee took on the role but soon realized it was not for him;

Xu is a tech guy who lacks communication skills, a problem many geniuses have to face. He heads the team alone and is not used to handing over some work to and trusting others. He works really hard, but is not easy to get along with. But Im only responsible for OKExs overseas business and Im an idealist.

...

22:00

He Paid How Much?! CoinDesk Releases 'Bitcoin Pizza Day' Price Tracker "IndyWatch Feed Crypto"

How much did developer Laszlo Hanyecz pay in the first-ever retail bitcoin transaction? With CoinDesk's new tool, you never have to guess.

21:40

Bitcoin in Brief Tuesday: Crypto Revolution Starts Reshaping Global Politics "IndyWatch Feed Crypto"

Bitcoin in Brief Tuesday: Crypto Revolution Starts Reshaping Global Politics

Before all the Lambo memes, shady no-product ICOs, and get-rich-quick schemes invaded the scene, Bitcoin was meant to disrupt the current economic system. Todays edition of Bitcoin in Brief showcases how that promise is starting to materialize in different fields, including the future of elections and geopolitics.

Also Read: Bitcoin in Brief Monday: New EU Rules Kill Another Crypto Venture

Iran and Russia Consider Bitcoin to Skirt Sanctions

Bitcoin in Brief Tuesday: Crypto Revolution Starts Reshaping Global PoliticsIranian and Russian lawmakers are jointly examining the idea of using cryptocurrency to bypass international and American sanctions. Mohammad-Reza Pourebrahimi, who chairs the Iranian Parliamentary Commission for Economic Affairs, raised the idea during a recent meeting in Moscow with Dmitry Mezentsev, the Chair of the Federation Council Committee on Economic Policy. He explained that the Russians sha...

21:38

Bitcoin, Ethereum Prices Drop 3% in Sluggish Crypto Market: Factors and Trends "IndyWatch Feed Crypto"

Over the past 24 hours, the valuation of the cryptocurrency market has dropped from $390 to $373 billion, by more than $17 billion. The bitcoin price dipped below $8,300 and the value of Ether, the native cryptocurrency of the Ethereum network, dropped to $690. Main Factors Behind the Cryptocurrency Market Slump The recent correction of

The post Bitcoin, Ethereum Prices Drop 3% in Sluggish Crypto Market: Factors and Trends appeared first on CCN

21:31

Satoshi Nakamoto is a Female: Women in the Cryptocurrency Industry "IndyWatch Feed Crypto"

Is Satoshi Nakamoto, the mysterious, anonymous creator of Bitcoin the original cryptocurrency, actually a woman?

In 2008 Nakamoto authored a white paper describing the most famous crypto, from which all other cryptos have spawned. In a community and industry dominated by men, the statement Satoshi is a female a theory promoted by Carolyn Maloney, a New York Congresswoman, at the Women on the Block event in Brooklyn on May 13 is extremely provocative. For many of them, it is akin to suggesting that Jesus was a girl.

Ms. Maloney may have had her tongue in her cheek, but her comment highlights a serious point: are the contributions of women in the cryptocurrency world being diluted?

In a male-heavy tech industry, this is an all-too-familiar theme. Most of us believe that men invented computers and the internet, and almost everything else, in fact.

However, the reality is a little more nuanced; pioneers such as Ada Lovelace and Grace Hopper the worlds first computer programmer, and the person to coin the term debugging, respectively should play a more prominent role in the telling of the history of tech. Indeed, without the input of them and countless other women we may not have made the breakthroughs that have paved the current digital landscape.

This is a particularly tender subject at the moment, hence the need for the Women on the Block meeting, which attracted 300 people to discuss cryptos and blockchain tech. In February, Elizabeth Stark, the chief executive officer of Lightning Labs, and a blockchain whiz tweeted her frustration at being repeatedly quizzed about what it is like to be a woman in the crypto space. Stop marginalizing [sic] and write about the awesome work that women are doing, she wrote on the micro-blogging channel.

For those women trying to strive ahead in crypto, their gender should be neither trigger a funding issue nor be a point of sneering curiosity. Regardless, the facts about the underrepresentation of women in positions of privilege and power in the crypto sector as with numerous other industries cannot be sugarcoated.

An international Quartz survey of almost 400 venture-backed crypto and blockchain organisations conducted between January 2012 and January 2018 showed that just over 8 percent of the founding teams were female. That figure swells to 17.7 per cent in the wider tech industry.

The lack of acknowledgement, gender equality, and respect for women could halt the progress of cry...

21:28

Exec of $5.1 Trln Investment Firm Makes Tired Comparison of Crypto to Tulips "IndyWatch Feed Crypto"

Bitcoins price could go to zero, but blockchain tech is alright, says exec of investment firm that manages $5.1 trln

21:16

China State TV: Token Sales Still Rampant After Central Bank Ban "IndyWatch Feed Crypto"

China Central Television, the countrys highest level authorities mouthpiece, has hit out in domestic preliminary coin offerings that it states are still uncontrolled, despite a 2017 ban. During its financial news program aired on Monday night, the state media outlet said that the ICO ban issued by the Peoples Bank of China last Sept hadnt discouraged local investors. Instead, a get rich quick attitude is driving a hurry into the cryptocurrency area. CCTV went on to blast the development of what the Chinese crypto community calls air coins a reference to token projects which arent backed by legally registered businesses asserting that the number of air coins has increased by 30 times since the ICO crackdown.

Since many businesses have moved their projects abroad after the ICO ban, many those air coins carried on fundraising in China without migration since theyre loosely arranged as a temporary group, not even a formal business entity, in accordance with the program. To be able to seem to be authentic, the report stated, a typical technique utilized by such projects is to promote their associations with notable cryptocurrency investors, like Li Xiaolai, an ancient bitcoin investor and evangelist at China. 99.99 percent of the time, I am being associate with these projects without knowing it. There is always this fear of falling among investors.

And once they cannot make judgments on their own, they have a tendency to refer to any influential person is associated with the project, Li was quoted as saying in the program. The report summarizes the most recent effort by the Chinese state media to educate the general public about what it considers cryptocurrency marketplace chaos. Additionally, it comes at a time when law enforcement agencies in China are beefing up efforts to crack down on schemes which Use symbolic sales to raise capital from the general public. As reported by CoinDesk previously, organizers of two cryptocurrency related projects in Chinas XiAn and Shenzhen have lately was arrested by city police force for alleged fundraising fraud. Building image via Shutterstock. The leader in blockchain information, CoinDesk is a media outlet that tries for the greatest journalistic standards and complies with a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Sources:
coindesk.com
said
ICO crackdown
XiAn
...

21:15

Failed Bull Breakout Leaves Bitcoin Eyeing Drop to $8K "IndyWatch Feed Crypto"

Bitcoins failed bull move on Sunday has left the doors open for the bears to make a comeback.
The inverse head-and-shoulders breakout on May 20 indicated a short-term reversal which may have seen bitcoin increase to $9,000 (target as per the measured height method).
Nevertheless, the bulls ran out of steam at a high of $8,644 yesterday and costs had fallen back to $8,240 at time of writing a fall of 2.8 percent over the last twenty four hours, according to Bitfinex.
The decrease did not come as a surprise, though, given the breakout lacked volume support, and a fall to $8,000 could currently be on the cards.
1-hour chart

As seen from the chart above, BTC dropped back beneath the inverse head-and-shoulders neckline yesterday, weakening the bulls and has generated a lower-high and lower-low pattern (bearish setup).
Assuming a failed breakout usually suggests a bigger-picture bearish reversal, in this case it means the corrective rally from the low of $7,925 has finished as well as the sell-off from the May 5 high $9,990 has declared. Therefore, prices could fall beneath the immediate aid of $8,207 (50 percent Fibonacci retracement) seen from the daily chart below.
Daily chart

A break below $8,207 (50 percent Fibonacci retracement) would reinforce the bearish setup seen from the hourly chart and would allow a fall to $8,000.
Note, though, the 5-day and 10-day moving averages are starting to curl upward, so if the price moves above $8,408 (daily high), the bulls may make a comeback.
View

BTC looks set to take out service at $8,207 and fall to $8,000 in the next twenty five hours.
A daily close (as per UTC) below $8,000 will indicate a revival of the sell-off from the May 5 large of $9,990. In this case, bitcoin could endure a deeper sell-off towards $7,500.
On the higher side, a move above $8,408 would open the doors to $8,858 (100-day moving average).
A daily close above that level would indicate a bullish trend reversal and may yield rally to $10,000.

Bitcoins and USD picture via Shutterstock

The leader in blockchain information, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Sources:
coindesk.com
breakout
ran out of steam
l...

21:01

After John Brennan Warns Congress To Stop Trump, POTUS Takes Him Out! "IndyWatch Feed Survival"

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21:00

The Islamic State and Taliban are Fighting Over Afghan Talc Riches "IndyWatch Feed Literature"

London, UK The Islamic State in Afghanistan (ISKP) controls major mining sites in eastern Afghanistan and has a strategic interest in the countrys rich mineral resources, new Global Witness research shows a powerful example of the wider threat posed by armed groups and corrupt actors in Afghan mining.

The Islamic State in Afghanistan (ISKP) controls large talc, marble and chromite mines in the Islamic State (IS) stronghold of Achin district in the Nangarhar province of eastern Afghanistan the same area where in April 2017 the US military dropped the Mother of All Bombs against ISKP-held caves. Nangarhar was the deadliest Afghan province for US troops in 2017.

The evidence on how much ISKP have been able to mine and profit from the minerals is mixed, but there has been at least some activity and the group has fought major battles with the Taliban over neighboring districts containing even richer deposits. A Taliban commander explicitly linked the ferocity of the conflict to competition over resources, saying: The fight is over the mines.

A talc processing factory near Nangahar, mid 2017 | Photo: Courtesy of Global Witness

Nick Donovan, Campaign Director at Global Witness, said: The Islamic State appears to have a significant strategic interest in Afghanistans minerals and controls some major mining areas. Given its track-record of exploiting natural resou...

21:00

Monacoin Network Still Suffering From Selfless Mining Attack "IndyWatch Feed Crypto"

Cryptocurrency networks are under multiple threats on a near-constant basis One of the biggest concerns is the so-called 51% attack. During such an attack, a nefarious individual or group of users can control the network. It appears the Monacoin network has recently gone through such an attack. There is still no solution to the ongoing problem.

The Monacoin Attack Problem

A few days ago, a new topic was opened on the Monacoin subreddit. In this post, it was explained how there was an ongoing issue with the network. One of the mining pools is withholding blocks. As such, network transactions are not processed properly, which causes all kinds of trouble. With one pool controlling the network, a lot of issues can be created in quick succession.

The reason why this is taking place is due to Monacoins mining difficulty re-targeting system. There is a weakness in this system which allows the next network block to be mined very quickly. Additionally, newer blocks can be issued at a rapid pace. While that sounds positive on paper, the reality is very different. No mining entity should effectively control the Monacoin network by any means.

Additional issues include faulty confirmed payments, and double spends. This latter part is a big problem, as it effectively causes the same value to be spent twice or more. Exchanges often detect the correct number of transaction confirmations, but that doesnt mean the value is effectively being transferred. This can be exploited to achieve fake balances on trading platforms and use those to buy other currencies.

Solving the Problem Isnt Easy

There are ways to temporarily deal with these issues. Increasing the number of network confirmations to 100 or more will avoid a lot of issues. Whether or not exchanges and online services will do so, is a different matter altogether. Even so, it is a temporary countermeasure and not a solution to the actual problem.

For the ...

21:00

Seoul Mayor Pledges Blockchain Boost in Re-Election Push "IndyWatch Feed Crypto"

Seoul mayor Park Won-soon is pledging to focus on blockchain innovation as part of his campaign pitch for potential re-election this year.

20:57

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