By: Scott Cunningham
Verasity builds the infrastructure and tools for video publishers to serve rewarded video and loyalty programs to their viewers. Basically, you can earn VRA for watching what you already watch, like how Brave monetizes attention for its users.
Essentially from what I’ve gathered, it’s like Brave, but for videos. Also, it can work on Brave so you can earn BAT and VRA at the same time for anyone who is working with them. Anyone can apply if they publish on many sites like YouTube, Twitch, Vimeo, and more. I hope to see it expand to work with other alternative platforms like BitChute, Minds, BitTube, LBRY, etc. It works on top of any of these videos and just adds a simple little trophy icon that will turn green when you are done allowing you to earn VRA.
I think this is great for users and creators because you can buy a large amount and run a campaign to incentivize full play-through and encourage more viewers to watch and be rewarded for their time at a low cost to…
The Lightning Network simplified. What I learned from guest speaker Ecurrencyhodler.
It was truly a pleasure to be part of the first Litecoin (LTC) meet-up in Orange County. The event organized by the Litecoin team of west coast volunteers showcased a fantastic presentation by guest speaker, Andrew Yang also known as @Ecurrencyhodler in the crypto community. Author of the book “Understanding Litecoin” and COO of BlockFuse, Andrew focused his presentation on the Lightning Network Technology. He explained several points on how the Lightning Network can help solve the scalability problem of both Bitcoin and Litecoin. A special thank you to my husband for lending us his work space, Travertine Market, as a location for the meeting and allowing us to make this event Free for everyone.
The Lightning Network is a very promising and exciting technology for both the Bitcoin and Litecoin community. In this article I will point out the reasons why. At the same time the Lightning Network has also been criticized by the Bitcoin Cash community. Let me address this now.
The Bitcoin Cash community, last year opted to split from the original Bitcoin blockchain and adopted a block increase and a new coin named Bitcoin Cash. They stated that block increase solved the scalability problem, and it does temporarily, however this solution proves to be unsustainable. In his presentation Andrew points out that over time, a block increase can lead to a large blockchain size, which will make it unprofitable for a regular person to run a node on their computer. Consequently, jeopardizing the main roots of decentralization.
On the other hand, The Lightning Network just came out with a very smart solution for this problem, and one that does not need to change the core values that were set by Satoshi Nakamoto. It is a solution that runs in parallel aiding the network and enabling faster and more intricate types of payments. Payments thru the Lightning Network are run outside of the blockchain. A short-cut that saves us from waiting on 6 confirmations ( on average 15 mins for Litecoin and 1 hour for Bitcoin). And is enabled thru the use of channels.
What is the change ramifications that this technology can bring?
The implementation of the Lightning Network can and will bring two significant advantages. Faster processing as mentioned above and the prevention of network clogging.
With Lightning network the possibilities for Bitcoin and Litecoin use expands. One of them is of point of sale terminals. It is possible to complete a purchase without waiting for confirmation while still making the transaction secure. But how if the 6 confirmations haven’t been completed? Well thru a channel that is open, which in a sense escrows the funds for s short period of time, until the transaction is finalized. In addition, after waiting on the recommended 6 confirmations many merchants rely onto have reasonably high assurance of payment finality for on-chain transactions.
Unclogging of the Network is also a huge benefit brought by the Lightening Network technology. With the lightning network one can now send multiple payments in one transaction, eliminating fees incurred in each transaction and simplifying payment processing.
Many other advantages have been highlighted as well, as the protocol facilitates accounting processes and enables a creation of accounts and payment relationships that can be maintained over time. Well through an open payment channel that enables transactions off-chain and only settles on the blockchain once the channel is closed.
Truly fantastic applications that will certainly be build using this incredible resource. If you would like to know all the technical aspects of the Lightning Newtwork make sure to listen to E-currencyholder podcast of this event, coming out Wednesday Nov 14th. It was truly enlightening.
I am also posting below a video of Elizabeth Stark, (CEO of Lightning Labs and Lead Developer) of this project that I recorded during the Litecoin Summit. It is the day she announced the completion of this wonderful project that truly has the power to take this whole “Crypto Thing” to a new level. Watch part of her speech and feel her excitement!
There is truly no way to put into words all the experiences lived in this passed few days, but I will try my best to at least give you a sense of the revolution that is occurring in the world of today. By describing my trip to the Bitcoin Conference 2019 San Francisco.
As I stare at a bankrupted global economy on the brick of total collapse, (that is in my opinion of course) I can only be hopeful that Bitcoin and the whole crypto community exists. Hopeful that this movement is set to change the world in such a meaningful way. While there, I could not only mingle with innovators but also got a very strong feel of crypto popular culture and tendencies.
For me the trip started in LA. I joined a group of crypto enthusiasts and professionals on the first Voyage on the @CryptoBitBus for a fabulous and hip bonding experience. Will never forget my Magic Crypto friends and the fun times we had together.
Arriving at the Bitcoin Conference I already got a sense that this event was un-like any cr…
In the video below I explain what is Brave Browser and the great advantages I found when using it to surf the internet in my daily life. Brave is a new browser created with the purpose of rewarding the users for their attention. In addition to being extremely safe and faster than any other browser in the market today.
The Brave browser compensates the user with the BASIC ATTENTION TOKEN (BAT) currency. A currency crypto that can be converted for cash.
In the video I also teach how to download it and the necessary steps to use this excellent browser.
The Brave Browser also offers the Brave Creators program. In Brave creators, publishers, YouTubers and web site owners can register their sites and be paid by Brave users using a TIP feature.
In this next video I teach you how to connect your site or YouTube channel to become a Brave publisher, using Shopify as an example.
Before anything, I advise you to download the BRAVE browser using my referral link: https://brave.com/mam584. I do app…
By: Scott Cunningham
Verasity builds the infrastructure and tools for video publishers to serve rewarded video and loyalty programs to their viewers. Basically, you can earn VRA for watching what you already watch, like how Brave monetizes attention for its users.
Essentially from what I’ve gathered, it’s like Brave, but for videos. Also, it can work on Brave so you can earn BAT and VRA at the same time for anyone who is working with them. Anyone can apply if they publish on many sites like YouTube, Twitch, Vimeo, and more. I hope to see it expand to work with other alternative platforms like BitChute, Minds, BitTube, LBRY, etc. It works on top of any of these videos and just adds a simple little trophy icon that will turn green when you are done allowing you to earn VRA.
I think this is great for users and creators because you can buy a large amount and run a campaign to incentivize full play-through and encourage more viewers to watch and be rewarded for their time at a low cost to…
Ahead of Bakkt and TD Ameritrade, LedgerX now offers physical Bitcoin futures contracts in the USA for both institutional and retail investors. According to Coindesk: "Any U.S. resident with a government-issued I.D. can now trade futures contracts for real bitcoin." That is enabled by LedgerX newly released Omni platform
In light of the negative statements made about Bitcoin by US president Donald Trump and the treasury department few weeks ago. As well as the regulatory questions raised by Facebook Libra, the news of an approved Physical Bitcoin ETF is a very positive surprise for crypto supporters. Erik Voorhes CEO of Shapeshift, made an announcement on Twitter stating: "Pretty dope... Moreover, customers don’t need to put U.S. dollars in to bet on the product. Chou explained that traders can buy contracts using bitcoin." Traders now can simply deposit bitcoin instead of dollars when purchasing a contract. The CEO of LedgerX, Paul Chou explained in detail &quo…
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