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Segregated Witness - SegWit
Last Post: admin
08-26-2019 05:25 PM
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» Views: 58
Lighting Network
Last Post: admin
08-21-2019 08:10 PM
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» Views: 36
New assets on Coinbase
Last Post: admin
08-18-2019 03:35 PM
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» Views: 51
Binance.US cryptocurrency list
Last Post: admin
08-18-2019 02:37 PM
» Replies: 0
» Views: 58
Crypto overview
Last Post: admin
08-14-2019 03:53 PM
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» Views: 91

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  Segregated Witness - SegWit
Posted by: admin - 08-26-2019, 05:25 PM - Forum: Guidebook - No Replies

[Image: SegWit_coinlibrex_01.png]

Segregated Witness, or SegWit, is the name used for the implemented soft fork in the bitcoin transaction format.

The aim of the technology is to:

  • elimination of unintentional malleability of bitcoin transactions
  • enable optional data transmission
  • bypassing certain protocol constraints such as block size limits



An important goal is to alleviate the problem of blockchain size limitation, which reduces the speed of bitcoin transactions. This is created by dividing the transaction into two segments. The unlock signature ("witness" data) is removed from the original part and attached as a separate structure at the end. In the original part, the sender's and recipient's data are still stored and the new 'witness' structure contains scripts and signatures. The original data segment would be counted normally, but the 'witness' segment would be counted as a quarter of its actual size.

[Image: SegWit_coinlibrex_02.png]


  Lighting Network
Posted by: admin - 08-21-2019, 08:10 PM - Forum: Guidebook - No Replies

Lighting Network (LN) is a payment protocol. It works in the so-called second layer (Layer 2) and is embedded at the top of the blockchain cryptovalute chain.

It enables quick transactions between participating nodes and has been announced as a solution to the Bitcoin scalability problem.
It is a peer-to-peer (P2P) micropayment system and functions through a network of two-way payment channels.

Using the Lighting Network network involves opening a payment channel by concluding financing transactions in the appropriate base chain (Layer 1) and then making any number of LN transactions (Layer 2), which update the initial distribution of the channel's financial resources without broadcasting them in the blockchain chain (Layer 1).
The payment channel is then closed by finalising the transaction for the distribution of funds in the main blockchain channel (Layer 1).

The Lightning Network requires the vulnerability to errors in the transactions of the main blockchain chain to be determined and the Segregated Witness (SegWit) system is used for this purpose.

The LN concept was presented in 2015 by Joseph Poon and Thaddeus Dryja. The beta version of the mainet network running on the bitcoin blockchain chain was launched on March 15, 2018. However, the official version fully implemented in blockchain has not been launched yet.

The project is being developed in Lighting Labs https://lightning.engineering/

Possible limitations of the Lightning Network are:

  • Unlike transactions made within the main Blokchain Bitcoin network, LN payments cannot be made if the recipient is not available (offline).
  • Network participants may have to regularly monitor their payment channels to ensure the security of their funds (this risk may be mitigated by the creation of channel monitoring services).
  • LN is not suitable for large payments. Since the network consists of many multi-sig portfolios (which are basically common portfolios), it is very likely that they will not have sufficient funds to act as intermediaries for large payments.
  • Opening and closing a payment channel involves execution of a transaction in the main blockchain network, which usually involves manual execution and generates high transaction fees.
[Image: lighting_network_01_coinlibrex.png]


[Image: lighting_network_02_coinlibrex.png]


  New assets on Coinbase
Posted by: admin - 08-18-2019, 03:35 PM - Forum: Cryptocurrencies - discussion - No Replies

[Image: new_coins_coinbase_coinlibrex.png]

A new list of probable assets has been announced at https://www.coinbase.com

ALGO, ATOM, DASH, DASH, DCR, MATIC, ONE, ONT, WAVES

Source: https://blog.coinbase.com/coinbase-conti...2ecbcbd38c


  Binance.US cryptocurrency list
Posted by: admin - 08-18-2019, 02:37 PM - Forum: Cryptocurrencies - discussion - No Replies

[Image: coins_binance_US_coinlibrex.png]

Probable coins on https://www.binance.us/
ADA, ATOM, BAT, BCHABC, BNB, BTC, DASH, EOS, ETC, ETH, HOT, IOTA, LINK, LOOM, LTC, MANA, NANO, NEO, PAX, REP, RVN, TUSD, USDC, USDT, VET, WAVES, XLM, XRP, ZIL, ZRX

The symbols in the blue circle indicate the currencies common to binance.us and the coinbase.

Source: https://www.theblockcrypto.com/2019/08/0...us-launch/


  Crypto overview
Posted by: admin - 08-14-2019, 03:53 PM - Forum: Overview - No Replies




  Bitcoin (BTC)
Posted by: admin - 08-13-2019, 11:31 AM - Forum: Coin mineable - No Replies


Start: 03 January 2009
Status: Working product
Structure: Decentralized
Open source: Yes
Type: Coin
Mineable: Yes
Proof type: Proof of work
Algorithm: SHA256
Max Supply: 21 000 000
Hardware wallet: Yes
Whitepaper: https://bitcoin.org/bitcoin.pdf
Source Code: https://github.com/bitcoin/
GitHub Contributors: 782
Message Board: https://bitcointalk.org/
Explorer:
https://www.blockchain.com/explorer
https://blockchain.coinmarketcap.com/chain/bitcoin
https://live.blockcypher.com/btc/
https://blockchair.com/bitcoin/
https://explorer.viabtc.com/btc


Only CMC here
Posted by: admin - 08-11-2019, 02:15 PM - Forum: READ IT!!!!! - Rules of Procedure and Objectives - No Replies

The Forum was created to spread the most friendly vision of the crypto world. It is necessary to develop a credible future-oriented crypto market. There is no place for lies and extortion. 100% reliable and verified information.

It is NOT TOLERNED to promote any operating programs, coins or tokens that are not in the CoinMarketCap ranking - https://coinmarketcap.com/

Any attempt to advertise anything outside of CMC means complete exclusion from the forum.

NO SCAM ALLOWED
NO NETWORKS ALLOWED
ONLY TRUE CRYPTO
[Image: bitcoin_coinlibrex.png]


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