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SALT Lending is expanding their jurisdiction in the south - Arkansas and North Carolina added to the list of Mississippi Alabama Georgia and South Carolina

 
February 23, 2018 - 3:02 am
 
by Nandi Bear
 
 
salt-saltlending.com-us-jurisdictions-salt-coin-cryptocurrency-february-bitcoin-2018-nandibear.com-luke

SALT Lending was welcomed with open arms in deep south

SALT now expanding jurisdiction into other southern states

Arkansas and North Carolina have recently been added to the list of states where SALT Lending is licensed to conduct business and offer loans.

SALT Lending is also licensed in Mississippi, Alabama, Georgia and South Carolina. Hopefully we'll soon see Louisiana added to the list.

They're also licensed in Kentucky, Oklahoma, Missouri and Kansas along with a few states in the north.

Maybe it's just me but it seems like the state governments in the south (especially in the deep south) have recently learned about cryptocurrency and are now quickly embracing it. Perhaps there's hopes to revitalize the local economy and for much needed tax revenue.

In somewhat related news Amazon began collecting sales tax from customers in Mississippi about a year ago (maybe January 2017?) (note: although according to recent news this was only made official earlier this month - February 2018?). In any event, the point is that the state of Mississippi (or at least the state officials) are beginning to understand that online activity = significant tax revenue boost.

Lastly, while Saltlending.com is licensed in Mississippi the said license is only applicable to commercial customers.

Salt Lending is licensed for commercial customers only in the following states:

  • Mississippi
  • Arkansas
  • Missouri
  • North Carolina
  • Oklahoma
  • Wyoming
  • New Hamshire
  • New Jersey
  • Delaware

Salt Lending is licensed for both consumer and commercial customers in the following states:

  • Alabama
  • Georgia
  • South Carolina
  • Kentucky
  • Kansas
  • Colorado
  • New Mexico
  • Alaska
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Tron has now been added to Exodus.io wallet along with 26 other Ethereum Assets

 
February 17, 2018 - 7:32 pm
 
by Nandi Bear
 
 
tron-exodus.io-wallet-trx-tronix-new-wallet-exodus-1.45.0-release-february-15-2018-bitcoin-nandibear.com-luke

Are you looking for a wallet to store your Tron - TRX - Tronix?

You may now use the Exodus.io wallet to store your Tron ERC20 tokens and 26 other new Ethereum assets.

Tron and the other ERC20 tokens (see screenshot below) were added the other night, February 15th 2018, in version 1.45.0 of the Exodus wallet.

exodus-ethereum-assets-1.45.0-exodus.io-tron-tronix-trx-february-2018-release-nandibear.com-luke.png

Up until this new release of their wallet I believe that their policy indicated that certain criteria was to be assessed in order for an asset to be considered. The criteria to be assessed included Asset availability on ShapeShift [Exchange].

However, Tron and the 26 other new assets which have been added to the Exodus wallet are not available for exchange at ShapeShift.io. As such, these new assets cannot be traded among each other, or for other coins (e.g., Bitcoin, Bitcoin Cash, Bitcoin Gold, Dash), within the Exodus wallet.

The 27 new Ethereum assets are: Aeternity, Aion, Binance, ChainLink, Dent, Dentacoin, DigixDAO, Dragon, Ethos, ICON, Kin, Kyber, Loopring, Melonport, Po.et, Polymath, Populous, Power Ledger, Qash, RChain, Request, Revain, Tron, VeChain, Veritaseum, Walton and Wax.

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NIST - CSRC - Bitcoin is a fork and Bitcoin Cash is the original blockchain

 
January 28, 2018 - 11:39 pm
 
by Nandi Bear
 
 
bitcoin-is-a-fork-and-bitcoin-cash-is-the-original-blockchain-nist-csrc-national-institute-of-standards-and-technology-computer-security-resource-center-nandibear.com-luke-2018

According to NIST National Institute of Standards and Technology - CSRC Computer Security Resource Center:

In July 2017, approximately 80 to 90 percent of the Bitcoin computing power voted to incorporate Segregated Witness (SegWit, where transactions are split into two segments: transactional data, and signature data), which made it possible to reduce the amount of data being verified in each block. Signature data can account for up to 65 percent of a transaction block, so a change in how signatures are implemented could be useful. When SegWit was activated, it caused a hard fork, and all the mining nodes and users who did not want to change started calling the original Bitcoin blockchain Bitcoin Cash (BCC). Technically, Bitcoin is a fork and Bitcoin Cash is the original blockchain. When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.

Blockchain Technology Overview - page 41 of 57:

bitcoin-is-a-fork-and-bitcoin-cash-is-the-original-blockchain-nist-csrc-national-institute-of-standards-and-technology-computer-security-resource-center-page-41-nandibear.com-luke-2018

Blockchain Technology Overview

Source: https://csrc.nist.gov/CSRC/media/Publications/nistir/8202/draft/documents/nistir8202-draft.pdf

Wayback Machine: https://web.archive.org/web/20180129042518/https://csrc.nist.gov/CSRC/media/Publications/nistir/8202/draft/documents/nistir8202-draft.pdf

Nandibear.com PDF: https://nandibear.com/docs/bitcon-is-a-fork-and-bitcoin-cash-is-the-original-blockchain-nist-csrc-national-institute-of-standards-and-technology-computer-security-resource-center-nandibear.com-luke-2018-nistir8202-draft.pdf


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Blocktivity.info - The other face of the Blockchain and perhaps the real value of Blockchains versus market capitalization

 
January 24, 2018 - 12:08 am
 
by Nandi Bear
 
 
Blocktivity.info - The other face of the Blockchain and perhaps the real value of Blockchains versus market capitalization

How should the value of a cryptocurrency be calculated?

The Nandi Bear has previously written about figuring the value of Bitcoin: The first Bitcoin exchange site and how the value of Bitcoin was determined - New Liberty Standard - 5050 Bitcoins sold for 5 Dollars. Evidently back in 2009 the price of bitcoin was calculated by the rough cost of electricity needed to generate the coin (using NewLibertyStandard's electricity bill).

Most of us are familiar with Coinmarketcap.com which, as the name of the site implies, ranks a blockchain by the total dollar market value of each cryptocurrency's respective circulating supply.

Blocktivity.info presents an alternative, and remarkable, method of determining the value of blockchains by observing the activity on the blockchain. According to their site:

We are observing which project is actually being used by people, which is in our opinion, the best predictive indicator of value you can have.
Blocktivity.info - The other face of the Blockchain and perhaps the real value of Blockchains versus market capitalization

I find the Blocktivity.info site, and their method for determining the value of a blockchain, to be objective, compelling and persuasive.

Please also note the rank order of the top ten coins:

(1) Steem

(2) ETH

(3) BTS

(4) BTC

(5) LTC

(6) ETC

(7) DOGE

(8) BCH - Bitcoin Cash!

(9) Golos

(10) Dash

Other impressive and exceptional alternatives to Coinmarketcap.com include, though are not limited, the following:

(A) BPEeindex.com - Bitcoin Price Equivalence is, according to their site, a calculation of price, if the coin had the same supply as Bitcoin. BPE normalises price by removing unit bias, coins that look "cheap" are probably not as cheap as you think.

(B) Live Coin Watch - Very similar to Coinmarketcap.com but includes South Korean markets. For readers who aren't already aware Coinmarketcap.com removed South Korea Exchanges earlier this month - Jan. 2018. (Data from numerous exchanges around the globe is used to calculate averages.)

What do you all, the readers, think? What do you reckon is the best method for reckoning the value of a blockchain!

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