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The World Is Waiting For Android N!

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Android development
Come June and the entire world will be looking towards Google to come out with the next version of its mobile OS called Android N. Companies dealing with android app development services will be looking out for features to incorporate into their existing and new apps to enable compatibility with the new features that the OS will bring to its customers. Direct Reply option, better access to recent apps, detailed settings panel are some of the features that Android N will bring to you. Along with this, you can run two apps on one screen and this is turning out to be the most awaited attraction of the Android N version of Google. Quick Settings was introduced by Marshmallow and Android N will see a better version of the same called ‘dynamic’ quick settings.

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The post The World Is Waiting For Android N! appeared first on Hash Code Programmers.

Source: http://hashcodeprogrammers.com/2017/07/the-world-is-waiting-for-android-n/

Blockchain

New hardware wallet feature that prevents Bitcoin dusting attacks

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Nano S and Nano X maker Ledger recently announced an upgrade to its software suite that will offer better privacy and control over virtual currency transactions

The new feature, Coin Control, is designed to help prevent dusting attacks. Dusting attack refers to the illegal activity where an individual sends small amounts of Bitcoin to a wallet to break the user’s privacy for advanced attacks.

According to the announcement, the feature will give users the option to change transaction settings for more privacy or optimal fee usage. The wallet maker explained that Coin Control makes use of the ability to manage hierarchical deterministic wallets or multiple different Bitcoin addresses.

Users will have the option to choose the addresses they want to use for transfers. Previously the default First-in, First-out approach of automatically using the oldest address was used.

This new method is crucial as it’ll prevent any external parties tracking the transactions through dust- tiny amounts of BTC that are typically worth less than the transaction fees. The dust can be used to track a bitcoin holder since these tiny unspent transaction outputs (UTXOs) can build up. The most recent significant dusting attack happened to Litecoin users in August last year.

Ledger now gives users the option not to use this tiny UTXOs through the Coin Control feature. The company added, “As such, they cannot track any movements. In short: it can be a game-changer when it comes to your privacy.”

The new version 2.11.1 of Ledger Live, launched on September 15, comes with the Coin Control feature and a few other upgrades.

Some of the other features that will be present on the software upgrade include an optimization of the network fee structure to save money. This will be achieved by allowing users to select UTXOs that have a higher value, consequently reducing the transaction’s byte size.

Users that prefer to keep payments separated will also love the upgrade as it features the ability to designate specific addresses for certain transfers.

Source: https://coinjournal.net/news/new-hardware-wallet-feature-that-prevents-bitcoin-dusting-attacks/

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Ethereum Miner Revenues Hit 5-Year High Over 2,275 ETH

Ethereum miners have been seeing their revenues surge so far this month, with the one-day moving average hitting 2,275 ETH thanks to the recent airdrop of Uniswap’s UNI tokens to users who interacted with the protocol. As CryptoGlobe reported, pending transactions on the Ethereum network surged after Uniswap launched its UNI governance token, and airdropped […]

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Ethereum miners have been seeing their revenues surge so far this month, with the one-day moving average hitting 2,275 ETH thanks to the recent airdrop of Uniswap’s UNI tokens to users who interacted with the protocol.

As CryptoGlobe reported, pending transactions on the Ethereum network surged after Uniswap launched its UNI governance token, and airdropped 400 UNI tokens to every user who interacted with the protocol up until August 31.

Uniswap is a leading decentralized exchange that instead of using an order book uses a model called an Automated Market Maker (AMM). A total of one billion UNI tokens are set to be distributed over the next four years, but users who interact with the protocol were airdropped hundreds of tokens.

This has seen them either quickly move the funds to exchanges to sell their airdropped tokens – as the 400 UNI tokens each user received are worth over $1,000 – and move funds to Uniswap pools that let them add liquidity using UNI, to earn more governance tokens.

The result was a spike in network activity. Etherscan data shows the Ethereum network utilization is near capacity at 97% and, as such, the increase in transactions saw fees go up higher. Data from the same source shows the average transaction fee hit $5.56 as users were moving their funds.

On-chain analytics provider Glassnode reveals that these fees contributed to a rise in ETH miner revenue, helping it hit a 5-year high.

BitInfoCharts data shows that growing miner revenues seemingly attracted more miners onto the Ethereum network, as the cryptocurrency’s hashrate hit its highest level since October 2018, of 254 TH/s.

The price of ETH itself has also been going up, presumably as demand for the cryptocurrency keeps growing. CryptoCompare data shows the cryptocurrency is now testing the $400 mark, and is up over 82% in the last 12 months. Bitcoin, in comparison, went up 6.26% in the same period.

Featured image via Pixabay.

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Did Uniswap Rush UNI Token Launch In Response To Sushiswap?

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Uniswap has been creating a lot of buzz in the decentralized finance [DeFi] space. The popular lending protocol has recaptured the imagination of traders with its native token UNI which was recently launched on the Ethereum mainnet.

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Since it went live on the second-largest blockchain network, UNI’s prices climbed a high of $5.81 before retracing its steps back down to the current price level of $5.16 after putting on an impressive rally of over 50% in the last 24-hours. Additionally, UNI was the third largest among other DeFi tokens on the CoinMarketCap leaderboard, at the time of writing.

In terms of the total value locked in USD, the protocol dominated the first position as it jumped all the way to $1.40 billion. In addition to that, with respect to Ether and Bitcoin locked in, Uniswap was ranked at second and fifth position with 1.861 million ETH and 12.874K BTC respectively. Besides, DAI locked in Uniswap also surged to a fresh all-time high of 110.266 million.

The listing of the UNI token on high-profile cryptocurrency exchanges such as Coinbase Pro and Binance further catapulted the protocol’s popularity. But was this “unexpected” move, a response to the forked SushiSwap controversy?

Andre Cronje, who happens to be a longtime developer and the Founder of another important DeFi protocol called Yearn. Finance echoed a similar sentiment on Twitter. Cronje tweeted,

“Kinda meh about the UNI launch. The launch itself is perfect, surprise launch, and retrospective. Exactly how it should be done nowadays. But I can’t help but feel that the launch was simply in response to SUSHI. Never let other people set the pace for you, move at your own pace”

He further went on to point out,

“Traditionally, I have found the Uniswap team to have a much longer play. They just recently closed their funding. I wasn’t expecting a token until after the v3 launch. Why hype up v3 but launch a token with v2? My data showed UNI would come with/after v3.”

In a similar tone, Mark Jeffrey, co-founder, and CEO of Guardian Circle weighed in and stated that Uniswap “had no option but to react” and that a response to Sushi was required.

Several market commentators also speculated the unexpected launch could essentially be an outcome of the surmounting pressure on the protocol by its investors due to the popularity of its vampire protocol- Sushiswap, which, although was a fork of Uniswap, it did proffer a better trading fee distribution model.

Nevertheless, UNI was riding on the success of its protocol and well-known cryptocurrency exchanges listing the token has further acted as a catalyst and was a crucial development for the overall Uniswap ecosystem.

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Author: Ketaki Dixit




Experienced writer and editor with a demonstrated history of working in the industry. Skilled in Copywriting, Web Content Writing, Copy Editing, Writing, Cryptocurrency News Writing, and News Editing.

Source: https://coingape.com/uniswap-rush-uni-token-launch-response-sushiswap/

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