Here’s the ELI5—“Explain it Like I’m 5”—version. You can think of a public key as a school locker and the private key as the locker combination. Teachers, students, and even your crush can insert letters and notes through the opening in your locker. However, the only person that can retrieve the contents of the mailbox is the one that has the unique key. It should be noted, however, that while school locker combinations are kept in the principal’s office, there is no central database that keeps track of a blockchain network’s private keys. If a user misplaces their private key, they will lose access to their Bitcoin wallet, as was the case with this man who made national headlines in December of 2017.
YouTube is changing its community guidelines to ban videos promoting the superiority of any group as a justification for discrimination against others based on their age, gender, race, caste, religion, sexual orientation, or veteran status, the company said today. The move, which will result in the removal of all videos promoting Nazism and other discriminatory ideologies, is expected to result in the removal of thousands of channels across YouTube.
“The openness of YouTube’s platform has helped creativity and access to information thrive,” the company said in a blog post. “It’s our responsibility to protect that, and prevent our platform from being used to incite hatred, harassment, discrimination and violence.”
The changes announced on Wednesday attempt to improve its content moderation in three ways. First, the ban on supremacists will remove Nazis and other extremists who advocate segregation or exclusion based on age, gender, race, religion, sexual orientation, or veteran status. In addition to those categories, YouTube is adding caste, which has significant implications in India, and “well-documented violent events,” such as the Sandy Hook elementary school shooting and 9/11. Users are no longer allowed to post videos saying those events did not happen, YouTube said.
Second, YouTube said it would expand efforts announced in January to reduce the spread of what it calls “borderline content and harmful misinformation.” The policy, which applies to videos that flirt with violating the community guidelines but ultimately fall short, aims to limit the promotion of those videos through recommendations. YouTube said the policy, which affects videos including flat-earthers and peddlers of phony miracle cures, had already decreased the number of views that borderline videos receive by 50 percent. In the future, the company said, it will recommend videos from more authoritative sources, like top news channels, in its “next watch” panel.
Finally, YouTube said it woul
Just like the ones we used to know
With bitcoin booming
And sh!tcoins mooning
Wake up just to check the folio
I’m dreaming of a green Christmas
Just like the ones from times of old
So I can laugh at the boomers and their gold
And so my girl stops saying I should have sold
I’m dreaming of a green Christmas
So I can finally see the moon
And see the look on mom’s face when
I move out of her basement
I know the day is coming soon
I’m dreaming of a green Christmas
For all the ones who didn’t sell
I know rough seas have been reported
But marines will be rewarded
I’ll see you in the citadel
I’ll see you in the citadel!
#crypto #bitcoin #altcoins
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The article was originally published on Crypto Insider back on January 22nd 2019. Since the website went down, I've decided to repost it here as a public service.
While some parameters might have changed in the project's code, the basics are still there. Always do you own research and never trust in any quick enrichment schemes. Check the Bhex Github for scammy features: https://github.com/BitcoinHEX
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What if Bitcoin was an ERC20 token on the Ethereum blockchain, didn’t require its own hardware to secure the network, and had its entire supply redistributed? This must be the premises on which the veteran bitcoiner and successful YouTuber Richard Heart based his quest on to build Bitcoin Hex.
However, the project seems to me more of an attempt to print new money to attract the followers of thought leadership into a sketchy scheme which isn’t necessarily fair, transparent, or even viable as a way to attain the goals of BTC.
The idea of inventing a better version of Bitcoin, which solves some issues or adds extra features, has been around for a long time and precedes the popularization of the term “altcoin”. However, the attempt has always been faced with technical shortcomings, a questionable degree of decentralization, and poor user adoption.
People trust Satoshi’s blockchain because the code is transparent and has been reviewed by countless computer science and cryptography experts. The changes made to the Bitcoin Core software client are made conservatively and only after thorough debates which prioritize decentralization as the absolute quality. The 10-year long uninterrupted running time is a testament of reliability.
Conversely, Bitcoin Hex is advertised as the project which takes away Satoshi’s coins and redistributes them to the holders. But beyond this romantic ideal, which seems to come straight out of Robin Hood, hides a scheme whose game theory isn’t necessarily fair.