Ethereum Protocol dXdY Causes Controversy Over Face Scan Feature
The Ethereum-based trading protocol dYdX implemented a new feature called Liveness Check. According to an official post, the feature enables users to scan their “image” with a webcam and verified if it has been used to open a different account on the platform. Related Reading: Bitcoin Data: Long-Term Holders Are Currently Putting More Selling Pressure […]
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The well known software developer Luke Dashjr is in the midst of controversy over how to upgrade the Bitcoin network in order to add the Taproot protocol. Bitcoin Core developers want to upgrade with “Speedy trial,” which will allow miners to push the feature through. However, Luke Dashjr wants to upgrade in a different manner, and considers the proposal an “attack on Bitcoin” as it’s “not a good thing” from his perspective. Bitcoin Developers Find Controversy Over Taproot Activation Bitcoin developers have revealed “Speedy trial support for....
Since Ethereum decided to hard fork because of the DAO incident, the network has been in limbo, the community finding itself the center of continuous controversy. The fork caused a split in the blockchain, creating a new cryptocurrency called Ethereum Classic — in turn spawning opposing community factions. Recently, Microsoft executives have met with....
“No matter the cause, this is an absolutely horrible idea and you should walk this back immediately,” said Adam Cochran, a general partner at Cinneamhain Ventures. Many users on social media have been lambasting decentralized exchange dYdX over the identification verification process to receive a sign up and deposit bonus of $25.In a Wednesday blog post, dYdX announced that new users who deposited 500 USD Coin (USDC) for their first transactions could receive a bonus promotion of 25 USDC, provided they were willing to do a “liveness check.” According to the exchange, the verification....
Scan Computers has started accepting bitcoin payments, making it the first major PC retailer to accept the cryptocurrency in the UK. Scan is a bit more than your average PC retailer. It is a big player in the channel, it is one of the biggest sellers of high-end computers in the UK and it builds a range of pre-overlocked rigs for enthusiasts. A crypto love affair. Since it caters to a geeky user base, Scan quickly recognized that digital currency was an interesting trend to cash in on. As a result, the retailer decided to start selling mining rigs under its own 3XS brand. So far, the....
Atlanta, Georgia-based BitPay announced support for the bitcoin payment protocol on Friday, which aims to remove a bulk of human error upon making a payment in bitcoin. This will allow users to click on a payment link (or scan a QR code) and the user's wallet software will provide two options: pay or don't pay. This effectively eliminates the need to copy an address and amount into a wallet software, preventing silly mishaps. Streamlined refunds. The Payment Protocol aims to make refunds easy, too. When a user sends their payment, a refund address is included with it (which will fund the....