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Why Generating Random Numbers On A Blockchain Is Harder Than You Think

To the layperson, randomness may not be as obviously useful as predictability. After all, the human tendency is to create order from chaos. However, in some contexts, randomness is not just desirable, it’s essential. There are plenty of everyday situations where random selection is a factor for success. Examples include medical trials, jury selection, or market research surveys, to name a few. Gambling is another case in point. Whether physical gaming or online, gambling depends on a roll of the dice or a shuffled card deck to introduce the element of randomness. If there is any bias in favor of...

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Betting Big With Crypto Playing Cards

By Marcus Henry June 11th, 2019 Crypto adoption is coming along, but is the pace fast enough to reach a critical mass anytime soon? Could the community be doing more to help everyday people to learn about and embrace cryptocurrencies? There are still many struggles ahead for Bitcoin and other altcoins in the years ahead. Scaling, overcoming centralized monetary systems, cutting red tape, and taxation are just a few overarching concerns for the community. Believers all try to do their part; whether it is just water cooler conversation at work amongst colleagues, asking local businesses to accept cryptocurrency, making content...

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NEO Global Development Invests And Partners With Liquefy To Develop A Security Token Ecosystem

NEO Global Development (NGD) announced today that it will invest in and partner with Liquefy, to develop a NEO based security token ecosystem and allow asset owners to issue security tokens based on NEO. NEO is a leading protocol that utilizes blockchain technology and digital identities to tokenize assets and automate the management of tokenize assets using smart contracts. The recent update to NEO 3.0 allows it scale and build a fully-integrated tokenized economy. “It is important to develop a security token standard while the industry is still in its infancy. What separates NEO apart from other public blockchain protocols...

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Ethereum Classic’s Atlantis Upgrade To Start Testing This Month

The Ethereum Classic network is getting ready for another upgrade with its developers rounding up their ideas to smoothly bring in the Atlantis upgrade. The development team held a developer call last week on June 6th, where they talked about their plan to pull the testnet activation of the upgrade forward. Although, the upgrade could be accelerated to as early as next week, rather than the initial release date of early August. So as it seems that Atlantis is getting a test run this month instead, a developer on the Ethereum Classic network, Soc1c has said: “The July 1st target...

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Sally Ho's Technical Analysis 11 June 2019

Bitcoin Bitcoin (BTC/USD) moved back above the psychologically-important 8,000 figure early in today’s Asian session as traders lifted the pair to the 8057.19 area after it had traded as low as the 7895.96 area during yesterday’s North American session. Yesterday’s daily high was actually reached during the European session when BTC/USD gained ground and climbed to the 8097.35 area after again Bullishly moving above the 50-bar MA (4-hourly).  Some Stops were elected above the 8062.27 area during the move higher, representing the 38.2% retracement of the move from 9090.00 to 7427.00. This most recent resurgence in BTC/USD over the past...

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