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Microsoft's ION Digital ID Network Is Live on Bitcoin The leader in blockchain news, CoinDesk is a media outlet that strives for the highest.
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A Black man who was paralyzed after he was shot in the back by a white police officer in southeastern Wisconsin filed a civil lawsuit Thursday accusing the officer of excessive force. Billionaires had been dismissing it since inception; however, in the last few months, many are coming to accept that Bitcoin will be around in the future. A US police officer is accused of killing a black man last year. Here's why the world is watching. Tom Essaye, founder of Sevens Report Research, said Friday the stock market rally has been supported by four major pillars over the past year.


  1. Microsoft waffling over Bitcoin? BTC’s return to Xbox unlikely to spur adoption?
  2. How Microsoft’s Identity Service on Bitcoin Gives You Control.
  3. explorer bitcoin testnet?
  4. Microsoft Launches Decentralized Identity Platform ION On Bitcoin's Blockchain!
  5. ION – We Have Liftoff! - Microsoft Tech Community?

Unfortunately, two of those pillars may now be cracking, putting the market at risk in the near-term. Essaye listed the following four bullish catalysts as pillars of the stock market rally over the past year. Government stimulus. The U. Federal Reserve Accommodation. Vaccine Optimism. Essaye said vaccine optimism has been a bullish catalyst throughout the rally, from positive critical trial data to FDA approvals to a U. Unfortunately, Essaye said financial markets have already priced in an end to the pandemic within the next few months, so it's unclear how much stock market upside the vaccine rollout can provide moving forward.

No Double-Dip Recession. It seems like a lifetime ago that investors were concerned about a potential double-dip recession in or However, employment and earnings have been steadily trending in the right direction, and the chances of a double-dip recession appear extremely low at this point. It remains to be seen if there is more upside to stock prices once support from government stimulus and the Federal Reserve are scaled back. Power and LMC automotive forecast on Friday. What Happened: Retail sales of new vehicles are estimated to reach 1,, units, a To put it in context, the effect of the COVID pandemic and state lockdowns had just started to be seen in March last year forcing the industry experts to revise the retail sales targets significantly lower, implying a lower base, as reported by Reuters at the time.

On a quarterly basis, the retail sales of new vehicles are forecast to jump The consultancies said that the ongoing global chip shortage is forcing automakers, who are experiencing supply chain challenges to build their most profitable models first so as to minimize the net effects. Despite limited inventories, consumers are showing a willingness to buy, the report said. Both retailers and manufacturers are expected to deliver record profits, according to the forecast.

The average price of a new vehicle is forecast to rise 7. Most U. Apple Inc. What Happened: The Cupertino, California-based company acquired 25 AI startups during the five-year period from to , leading the acquisition race that was dominated by U. Alphabet Inc. Accenture acquired 17 companies and Google bought 14 companies during the period. While Apple lags in smart speaker sales, the company dominates in the smartwatches segment. Apple acquired self-driving startup Drive.

It was also reported in August last year that Apple purchased Montreal-based contactless mobile payment startup Mobeewave. The iPhone maker has also been quietly been working on pushing into the virtual reality and augmented space for years. The company confirmed in May last year that it acquired virtual reality startup NextVR and the acquisition of Spaces in August. Price Action: Apple shares closed 0. New York state Sen. A public backlash led Amazon to cancel the investment altogether, but to Gianaris the episode still illuminated the massive power of tech companies that dominate their industries, overwhelm traditional businesses and use that leverage to expand their reach even further.

Consumer activists, small business owners and state lawmakers across the U. Talks last week between U. Baidu stock was last down 4. Indian cricket great Sachin Tendulkar has tested positive for the coronavirus and is quarantining at home. More than a decade ago, a woman at a bar near the Columbia University campus turned to Gavin Schmidt and asked if he knew the main component of air. His answer lost her a bet about whether the average stranger at the bar would know anything about atmospheric chemistry. Two years later, they were married.

Sometimes the nerds win. Today Schmidt is one of the most prominent scientists warning the world about the risks of a warming world. The Biden team is adding positions throughout the government for policymakers and experts like Schmidt who understand the threats facing our planet. But its leaders have sometimes had a difficult time talking about it. She compared the situation to what might happen if scientists at the National Institutes of Health studied cancer, but did not try to find cures.

On a recent bright, icy morning, Schmidt sat for a socially distanced interview on a bench overlooking Harlem Meer in Central Park in New York City and talked about the new job.

Instead, he will have to rely upon his voice. Not really. We are excited to share that v1 of ION is complete and has been launched on Bitcoin mainnet. We have deployed an ION node to our production infrastructure and are working together with other companies and organizations to do so as well. ION does not rely on centralized entities, trusted validators, or special protocol tokens — ION answers to no one but you, the community. Because ION is an open, permissionless system, anyone can run an ION node, in fact the more nodes in operation, the stronger the network becomes. There are two options for running an ION node:.

Along with ION reaching v1, so too has the protocol at its core: Sidetree. ION , Element , Orb to be built atop any decentralized event record system e. We would like to thank the following collaborators who have worked on specs, contributed code, or provided feedback during this process:. Open source development and codification of standards is essential to the creation of a vibrant decentralized identity ecosystem. This group is the primary place where contributors meet to discuss various technical and operational aspects of ION and the general Sidetree protocol.

With ION v1 out the door, we will be turning our attention toward optimizing the ION node implementation and adding other important features, such as:. We have a lot left to do before we can fully realize a better, more trustworthy, more decentralized Web that empowers every person and every organization on the planet to achieve more. What is the status of Element support for Ethereum? Are you working on support for that too, or just Bitcoin? I am curious Good for decentralized world.

Markets Up As Microsoft And NZ Pension Fund Dive into Bitcoin

I think ION and Kevacoin are doing the same thing in the same way. Kevacoin is a key-value data store on blockchain, providing easy yet powerful decentralized data storage, peer-to-peer and open source too. Everyone could get a permanent decentralized number ID to add any blockchain addresses and other datas. ION does not require any complex smart contract functionality, just embedding hashes into the chain, so we put strength of the network, security, and minimized attack surface first when selecting it. This is most likely not the reason why Microsoft chose Bitcoin.

I hope they will elaborate on this. Ethereum is by no means more secure than Bitcoin.

Bill Gates advised against investing in Bitcoin, saying cryptocurrencies damage the environment

To answer your false claims:. Bitcoin mining is in the hands of a few major mining POOLS not corporations in a classical sense , which also thanks to Stratum V2 do not have power over their participants. Bitcoins security is not only based on the miners but on the nodes as well good luck setting up an Ethereum-full archive node. PoS will lead to more centralization, which many studies and current live PoS projects clearly show. Sorry friend, but you are pretty misinformed.

BTC mining operations are extremely concentrated with mining companies, just as I said. Yes, there are large pools, but the majority of the hashrate is coming from just 5 companies, all of which are in China. It has become a real problem.

PoS may lead to concentration in some cases, but it is not the case with Ethereum, which the statistics for the ETH2 Beacon Chain clearly show. There are literally thousands of decentralized pools to create validator nodes, and unlike ETH's mining operation, which suffers the exact same issue as BTC concentration, primarily China , the ETH2 validator pools on the beacon chain are very decentralized. We can argue over the details all day long, and I am sure we will each find correct arguments.

But saying that Bitcoin is way more secure than other chains is an outdated myth. Bitcoiners, especially the maximalist types, need to finally open their eyes. They said bitcoin first is better. It is a good choice because this will help all bitcoin codes fork blockchains to test ION. You must be a registered user to add a comment.

Microsoft Wants to Mine Cryptocurrency Using Your Brain Waves

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