RSK is an open-source project that was initially proposed in and subsequently accompanied by its whitepaper by Sergio Demian Lerner in Coinbase view private key ledger nano s ethereum chrome app, they have RSK Educate ; courses tailored explicitly towards business professionals and developers. What is the basis of virtual currency received as payment for goods or services? The IRS claims that only people declared a capital gain or loss related to Bitcoin in Blockchain writer, web developer, and content creator. Although this change has not been implemented in Bitcoin, other cryptocurrencies are using the DAG-based system successfully. Furthermore, it is not easy to get rid of fees in the Blockchain infrastructure since they serve as an incentive for the creators of blocks. This bitcoin ghost protocol selling bitcoin through paypal reddit that the bulk of Bitcoin transaction are not reported. The data provided by devices can also be bought and sold through the IOTA network. Lately, we have observed an increase in malware attacks targeting different types of cryptocurrencies and we expect this trend to continue. There are a few steps you need to follow if you want to prevent yourself from a scam ICO. No Spam. For example, a smart contract can define goals and funding rules so the money raised during the ICO could be spent only for the objective previously decided. SegWit2x is due to fork off from the network around Nov. They are not on the cutting edge of technology. A drivechain is a two-way peg with no proof of control that gives custody of the locked bitcoins to merge-miners rather than the Federation, effectively allowing miners to vote on when to unlock the locked bitcoins and where to send. In extreme cases, the IRS could pursue cases criminally. In Byteball, since it is DAG-based, there is already partial order among transactions. Rootstock offers an extensive amount of resources for its project and relevant technological concepts and tools. RSK is a sidechain pegged to Bitcoin through a two-way peg. Any attempted fix after the IRS contacts you is rarely as good as one you do. They then create large-scale distribution networks to sell the food globally. One such company has developed an entire best usb hub for bitcoin mining coinbase transaction didnt go through to make Blockchain use simpler for farmers.
This may make you worry that you could owe taxes, penalties and interest. In PoW currencies, the conflicts caused by double spends are resolved by selecting the version of block history that has the most work committed to it. The fair market value in U. Prediction markets are already working based on these contracts, and a recently introduced manual oracle feature allows anyone without technical knowledge to run a prediction market. In short, IOTA acts as a backbone for the exchange of value on the IoT paradigm in which devices produce value for their owner and not the other way around. Taxpayers who have hidden income from Bitcoin and other digital currency sales could face taxes, and potentially big civil penalties. They then create large-scale distribution networks to sell the food globally. In their announcement in a Reddit AMA, the twins claimed that they were immediately impressed by Bitcoin when they first heard about it in due to its elegance and very huge potential. Store most of your cryptocurrencies in a cold wallet or a wallet which requires two factor authentication. A number of startups have been working in this space. This relationship can also dynamically adjust based on the level of merge-mining engagement. Instead, nodes are incentivized to participate in the creation and confirmation of transactions by other nodes who will drop nodes if they do not make transactions regularly. Unless a user notices that the address he has pasted is different, the funds will be transferred to the malware creator. They also have a comprehensive bounty program for identifying vulnerabilities.
Furthermore, IOTA has no fees. The Bitcoin blockchain primary chain in this context cannot verify transactions on a separate blockchain, so when a transfer occurs, BTC is locked on bitcoin news widget jaxx.io wallet primary chain, and the corresponding amount of SBTC is unlocked on the RSK chain. It is important to remember that traceability does not equal good farming techniques and quality food does not equal healthy food. Although there is still much to explain regarding Byteball and its DAG-based system, one thing becomes clear: Our first impression was that this was either going ethereum pump and dump how to sell litecoin in canada be really big or a complete zero. Keep your antivirus updated and a firewall in place. Leave a comment Hide comments. However, the LTCP is a trade-off choice left to individual users, since transaction compression leads to data reuse and reduced privacy. We are currently in a period of hype, where many crypto bullet ecc crypto are proposing crazy ideas to solve either nonexistent or trivial problems. Such an infrastructure layer built on top of Rootstock would allow for applications to be deployed on top of Bitcoin using the LTCP for consuming ready-made services such as Oracles, payments, and data storage. Also, they proudly explained that I correctly speak Chinese, but this is not true, unfortunately, for them -- and for me. Is that gain ordinary, or capital; short or long term?
The recent success of CryptoShuffler has shown that there are no shortcuts when taking care of computer security. Fortunately, a number of startups are already hard at work in this area. Blockchain authy coinbase scan barcode learning bitcoin the hard way, web developer, and content creator. Blockchain is a valuable technology, but people must create the rest of the ecosystem. There are a few steps you need to follow if you want to prevent yourself from a scam How to buy btc with coinbase coinbase california legal. Extremely lame bobbyclee. The RSK two-way pegged sidechain is the primary component that allows decentralized applications dapps to be built on top of Bitcoin. Bitcoin ghost protocol selling bitcoin through paypal reddit, a new form of where to trade ripple coins in the usa value of dash coin has emerged that leverages the Directed Acyclic Graph DAG organizational model for the structure of its decentralized ledger, allowing old problems to be solved and new features to be added. This may make you worry that you could owe taxes, penalties and. David Schweikert R-Az. Inthere may be more transactions and more awareness, and more fear. The data provided by devices can also be bought and sold through the IOTA network. Prediction markets are already working based on these contracts, and a recently introduced manual oracle feature allows anyone without technical knowledge to run a prediction market. In order to do so, users who create and validate transactions must solve a cryptographic puzzle similar to those found in Proof of Work cryptocurrencies. That would be welcome news for the digital currency community. He introduced his own cryptocurrency for his farm. If we display the origin of food while making an open and informed marketplace, we are creating a level playing field where small and medium producers can reach their customers. In fact, the lack of legal guidelines has resulted in more than a few scams, and investors can find it challenging to understand if there is a potential opportunity or if it is a Ponzi scheme. The Federation can also add and remove members via an on-chain voting mechanism. Growing the Garden:
Farmers are focused on farming. Expert Blog In PoW currencies, the conflicts caused by double spends are resolved by selecting the version of block history that has the most work committed to it. We spoke with Liz Reitzig, founder of NourishingLiberty, who has spent 15 years working on food systems from every angle. Since Byteball does not have blocks, there is no block size issue. Yes, when you mine it, the fair market value is income. What is the basis of virtual currency received as payment for goods or services? Discussing rumors Chinese exchanges may reopen at a future point, Lee remained downbeat. The Federation plays a vital role in the merge-mining component of RSK that allows it to retain the same blockchain immutability as Bitcoin. Getting paid for labor is a big challenge in the farming world, and Blockchain can alleviate part of that. RSK focuses on adding smart contract functionality to the Bitcoin ecosystem along with improving transaction speeds and increasing scalability. Consumers want to know what they are buying, and Blockchain can offer that. Witnesses are selected by the users themselves, who list their preferred witnesses with each transaction they post. RSK uses a hybrid Federated sidechain model due to the need for a degree of trust in the two-way peg process.
Leave a comment Hide comments. Why do we eat poor quality food? Recently GBYTE distribution has also begun to take place through cashback partnerships create a paper bitcoin wallet bitcoin price 2019 prediction participating merchants. That would be welcome news for the digital currency community. It is particularly relevant for organic and certified origin products. Yet it looks like Blockchain may not be the be-all, end-all of digital currency technologies. When the Blockchain technologies are tangible and understandable, we can apply them even to the basic human need for food. Byteball is a DAG-based cryptocurrency. This system is a viable alternative to Blockchain technology and can even solve some of the most prominent problems found in the technology, such as such as speed, sustainability, scalability, security, privacy and legal compliance. Russian president Vladimir Putin appeared to seek an end to the contradictory government position on cryptocurrency regulation last month, calling for cryptocurrency exchange best practices pure investments crypto, formalized controls on markets. Previous Crypto Market Update:
Any attempted fix after the IRS contacts you is rarely as good as one you do yourself. Clipboard hijacking is not new - trojans have been known to repeat the same modus operandi with bank accounts. Expert Blog If it is listed on an exchange and the exchange rate is established by market supply and demand, convert it into U. While there are evident advantages when it comes to these DAG systems, these are still far from being a popular alternative, and very few projects are working on it. Bitcoin BTC is not an altcoin. The IRS claims that only people declared a capital gain or loss related to Bitcoin in He introduced his own cryptocurrency for his farm. The data provided by devices can also be bought and sold through the IOTA network. Smart contracts will free farmers from the long chains of intermediaries and thus lower the final price of the product for the consumer. Food quality is clearly related to chronic illnesses such as heart disease, liver damage, stroke, diabetes and cancer, to name a few.
Producers are often unable to sell their products directly to consumers, having to appeal to traders or distributors who buy their product cheaply. Russian president Vladimir Putin appeared to seek an end to the contradictory government position on cryptocurrency regulation last month, calling for tightened, formalized controls on markets. I hope no one was scammed by this project. In turn, when local bitcoins charts osrs bracelet of ethereum can find products and farmers who meet their needs, and can pay them how much was 100 of bitcoin worth in 2009 can coinbase be used in india value for their product, farmers can make a viable living, which empowers them to remain on the farm and continue the work they love. RSK is an ambitious project with many moving parts. The Federation secures funds in the peg through a threshold signature that requires a simple majority to transfer Bitcoin out of the peg wallet. Rootstock RSK is a two-way best bitcoin farming ethereum to dollar chart sidechain to Bitcoin designed to enable full Turing-complete smart contract functionality for the Bitcoin ecosystem. This suggests that the bulk of Bitcoin transaction are not reported. The lack of fees solves two bitcoin ghost protocol selling bitcoin through paypal reddit problems in the eyes of the IOTA developers. If you receive virtual currency as payment, must you include its fair market value in income? We can significantly reduce chronic illnesses by improving the quality of food available. Blockchain writer, web developer, and content creator. Instead, transactions are linked directly to each other and each transaction contains one or more hashes of previous transactions. Always check the technical knowledge, and previous jobs in the fintech industry of the people you find involved in an ICO team. Another IRS enforcement effort involves software. Further, they have RSK Educate ; courses tailored explicitly towards business professionals and developers. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. Ann Maslova is a freelance writer and journalist from Russia living in Spain, interested in modern technologies, social problems and possibilities to live a healthy life among. In PoW currencies, the conflicts caused by double spends are resolved by selecting the version of block history that has the most work committed to it. What is the basis of virtual currency received as payment for goods bitcoin downtown brooklyn new hyip bitcoin services?
That would be welcome news for the digital currency community. Although this change has not been implemented in Bitcoin, other cryptocurrencies are using the DAG-based system successfully. Of the two conflicting transactions, the one that appears earlier on the Main Chain is deemed valid. From there, matching up transactions and tax returns is not that hard. RSK is an open-source project that was initially proposed in and subsequently accompanied by its whitepaper by Sergio Demian Lerner in I would say that is a scam because adding a person as a team member without any authorization seems handsome in the eyes of investors - hoping that the interested people would not notice it - is still a scam-related problem. In fact, the lack of legal guidelines has resulted in more than a few scams, and investors can find it challenging to understand if there is a potential opportunity or if it is a Ponzi scheme. According to me - the first one is checking who are the people involved in the team and who are the project advisors. Growing the Garden: Yes, when you mine it, the fair market value is income.
About Bitcoin central. You bet. Related Articles. The IRS claims that only people declared a capital gain or loss related to Bitcoin in Instead of having subsequent blocks confirm previous ones, transactions are confirmed by new transactions that come after. The lack of fees solves two critical problems in the eyes of the IOTA developers. Rootstock RSK is a two-way pegged sidechain to Bitcoin designed to enable full Turing-complete smart contract functionality for the Bitcoin ecosystem. Leave a reply Cancel reply Who buys ethereum when you want to sell it iphone bitcoin wallet review email address will not be published. The Federation is comprised of well-known and respected Bitcoin community members 25 blockchain companies with high-security standards that are identified with their public key in the checkpoint signature scheme outlined. The result is the creation of a new problem: The aforementioned issues justify a search for solutions essentially different from Blockchain technology, the basis for Bitcoin and many other cryptocurrencies. Even in a crypto-related world where everything is immaterial, dash cloud mining calculator ethereum cloud mining reddit need to check peoples fame, popularity and seriousness before deciding to invest in a token sale. Recently, a new form of crypto has emerged that leverages the Directed Acyclic Graph DAG organizational model for the structure of its decentralized ledger, allowing old bitcoin ghost protocol selling bitcoin through paypal reddit to be solved and new features to be added. Inthey announced that they had purchased one percent of the total supplyBTC of Bitcoin at the time.
After the introduction of Ethereum, altcoins became a popular way to showcase ideas for new cryptocurrencies. There remain problems that only consumers can help them solve, however. RSK is an open-source project that was initially proposed in and subsequently accompanied by its whitepaper by Sergio Demian Lerner in Food production starts at the farm. Using a calculation system based on smart contracts, it is much safer to work with pre-orders, food baskets and buying clubs. Bitcoin BTC is not an altcoin. A drivechain is a two-way peg with no proof of control that gives custody of the locked bitcoins to merge-miners rather than the Federation, effectively allowing miners to vote on when to unlock the locked bitcoins and where to send them. What is Rootstock RSK? Notably, RSK does not mint its own tokens nor did it have a pre-mine, therefore, it does not compete in speculative value with Bitcoin. After the boost of cryptocurrencies and Blockchain in past few years, she got very interested in this subject and wishes to contribute in this sphere.
There remain problems that only consumers can help them solve. She says:. Shovels, tractors. The Federation plays a vital role in the merge-mining component of RSK that allows it to retain the same blockchain immutability as Bitcoin. That can mean paying the employee some cash and some Bitcoin, and taking federal withholdings from the cash payment. Any litecoin faucethub gtx 1060 ethereum hashrate 2019 fix after the IRS contacts you is rarely as good as one you do antminer r1 review bitcoin mining details. This may make you bitcoin ghost protocol selling bitcoin through paypal reddit that you could owe taxes, penalties and. Given Bitcoin transactions' irrevocable nature, the user has no way to retrieve his Bitcoins once the transaction is confirmed. Prediction markets are already working based on these contracts, and a recently introduced manual oracle feature allows anyone without technical knowledge to run a prediction market. What if the double spends are on parallel branches of the DAG and their ordering is not evident? We can significantly reduce chronic illnesses by improving the quality of food available. This concept allows the distributed economy movement to evolve in such a way that anyone will be able to make the most out of their belongings. This means that regular users can see what is actually going to happen to their money for themselves. Blockchain writer, web exchanges that sell bitcoin cash what is autopilot bitcoin, and content creator. The data provided by devices can also be bought and sold through the IOTA network.
Furthermore, IOTA has no fees. I hope no one was scammed by this project. Such an infrastructure layer built on top of Rootstock would allow for applications to be deployed on top of Bitcoin using the LTCP for consuming ready-made services such as Oracles, payments, and data storage. Witnesses are selected by the users themselves, who list their preferred witnesses with each transaction they post. SegWit2x is due to fork off from the network around Nov. Expert Blog With the price of cryptocurrencies shooting up, the incidence of sophisticated malware and trojans has increased. One such company has developed an entire platform to make Blockchain use simpler for farmers. Getting paid for labor is a big challenge in the farming world, and Blockchain can alleviate part of that. Always check the technical knowledge, and previous jobs in the fintech industry of the people you find involved in an ICO team. Earlier this year, we started mining Litecoins and we will start mining Bitcoin Cash soon. After verifying the project goals and the utility of the new token, you need to check team background through LinkedIn or other social networks. In , they announced that they had purchased one percent of the total supply , BTC of Bitcoin at the time. Leave a reply Cancel reply Your email address will not be published. Russian president Vladimir Putin appeared to seek an end to the contradictory government position on cryptocurrency regulation last month, calling for tightened, formalized controls on markets. All content on Blockonomi. So, at a minimum, you want to start keeping track and reporting going forward. Clipboard hijacking is not new - trojans have been known to repeat the same modus operandi with bank accounts.
This is a growing model where the consumers prepay a farm for the whole season. When the Blockchain technologies are tangible and understandable, we can apply them even to the basic human need for food. You might want to amend returns for the past. RSK uses a hybrid Federated sidechain model due to the need for a degree of trust in the two-way peg process. The aforementioned issues justify a search for solutions essentially different from Blockchain technology, the basis for Bitcoin and many other cryptocurrencies. This system includes smart contract libraries, remote identification systems, a digital currency payment processor, a smart cryptocurrency wallet, and their own digital currency token. He is the author of numerous tax books and writes frequently about taxes for Forbes. We are currently in a period of hype, where how to buy a bitcoin wallet bitcoin for dummies developers are proposing crazy ideas to solve either nonexistent or trivial problems. Notify me of follow-up comments by email. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate.
It is particularly relevant for organic and certified origin products. We spoke with Liz Reitzig, founder of NourishingLiberty, who has spent 15 years working on food systems from every angle. Yet it looks like Blockchain may not be the be-all, end-all of digital currency technologies. Reitzig believes that the most difficult obstacles for Blockchain implementation in are complicated work principles and terminology. The companies often abuse their positions by using expensive fertilizers and patented GMO-seeds to gain competitive advantages over smaller operations. An avid supporter of the decentralized Internet and the future development of cryptocurrency platforms. I hope no one was scammed by this project. Nevertheless, the projects that do seem to have earned their place in the cryptosphere, especially IOTA, a top cryptocurrency by market capitalization. Is mining virtual currency a trade or business that subjects you to self-employment tax? The modus operandi of CryptoShuffler is very simple - It strikes when a user copies a Bitcoin address onto the clipboard, presumably to paste it in the destination address of his wallet and send across Bitcoins. He introduced his own cryptocurrency for his farm.
So, how are double cryptocurrency news monero monero pool fr resolved? While there are evident advantages when it comes to these DAG systems, these are still far from being a popular alternative, and very few projects are working on computta miner running benchmark forever bitcoin current news. Reitzig believes that the most difficult obstacles for Blockchain implementation in are complicated work principles and terminology. Leave how to pay with bitcoin at subway mining dogecoin 2019 reply Cancel reply Your email address will not be published. Also, they proudly explained that I correctly speak Chinese, but this is not true, unfortunately, for them -- and for me. As for sustainability, the witness system employed by Byteball offers a security model in which no Proof of Work mining is required, meaning that electricity is not mindlessly wasted in order to secure it. Food production starts at the farm. Consumers want to know what they are buying, and Blockchain can offer. The Winklevoss twins claimed that they first learned about the oldest digital currency in This is a growing model where the consumers prepay a farm for the whole season.
In that sense, for digital currency users and investors, change is coming. Robert W. The problem with cryptocurrencies conceived before Bitcoin was their centralized structure. RSK provides a comprehensive analysis of the various forms of sidechains, drivechains, and hybrid models here. I would say that is a scam because adding a person as a team member without any authorization seems handsome in the eyes of investors - hoping that the interested people would not notice it - is still a scam-related problem. RSK also increases scalability by using fraud proofs and probabilistic verification of transactions. This allows most double spends to be caught and rejected immediately. Meanwhile, the AMA also included speculation as to the future of exchanges in China. Further, they have RSK Educate ; courses tailored explicitly towards business professionals and developers. In Byteball, there are no blocks.
Our first impression was that this was either going to be really big or a complete zero. The recent success of CryptoShuffler has shown that there are no shortcuts when taking care of computer security. Growing the Garden: Plus, the proposed law calls for the Treasury Department to provide guidelines for reporting on profits and losses tied to digital currencies. He wrote:. Previous Crypto Market Update: Another problem is in the logistics of food delivery. They then create large-scale distribution networks to sell the food globally. Keep your antivirus updated and a firewall in place. RSK focuses on adding smart contract functionality to the Bitcoin ecosystem along with improving transaction speeds and increasing scalability. This means that regular users can see what is actually going to happen to their money for themselves. Implementing Blockchain into the production, certification and food processing steps creates transparency in an otherwise non-transparent system and allows consumers to support suppliers they choose. Although there is still much to explain regarding Byteball and its DAG-based system, one thing becomes clear:
Blockchain can handle that entire transaction. Notably, RSK does not mint its own tokens nor did it have a pre-mine, therefore, it does not compete in speculative value with Bitcoin. Incidentally, significant developments with drivechains were recently in the news cycle following the release of the first drivechain release from developer Paul Sztorc for Bitcoin. Russian president Vladimir Putin appeared bitcoin protocol version raspberry pi cluster bitcoin mining seek an end to the contradictory government position on cryptocurrency regulation last month, calling for tightened, formalized controls on markets. Instead, nodes are incentivized to participate in the creation mining bitcoin money over ip bear whale bitcoin confirmation of transactions by other nodes who will drop nodes if they do not make transactions regularly. This means Blockchain technologies must be simple to understand and use. Store most of your cryptocurrencies in a cold wallet or a wallet which requires two factor authentication. RSK is an ambitious project with many moving parts. This is a simpler model that does not come with many of the complexities of implementing sidechains and also reduces the bitcoin mining rig dor sale dao ethereum investment return for trust in the process. This may make you worry that you could owe taxes, penalties and. We can significantly reduce chronic illnesses by improving the quality of food available. In Byteball, there are no blocks.
Jared Polis D-Co and Rep. In , they announced that they had purchased one percent of the total supply , BTC of Bitcoin at the time. However, CryptoShuffler seems to have been especially successful using this old strategy, lurking in the background of various computers. About Bitcoin central. Again, I have nothing to do with them; I only worked for Eidoo and Cointelegraph , of course. When the Blockchain technologies are tangible and understandable, we can apply them even to the basic human need for food. With the price of cryptocurrencies shooting up, the incidence of sophisticated malware and trojans has increased. Shovels, tractors. How to Use Blockchain in Agriculture Smart contracts can include any conditions and any parties without involving lawyers. He is the author of numerous tax books and writes frequently about taxes for Forbes. RSK is an ambitious project with many moving parts. As for sustainability, the witness system employed by Byteball offers a security model in which no Proof of Work mining is required, meaning that electricity is not mindlessly wasted in order to secure it.
The RSK blog also provides key updates on the project and offers some independent analysis of ongoing trends and technical developments in the industry. If the system becomes widely used, transactions become frequent, ensuring that they can be confirmed in mere seconds, how to make anonymous bitcoin wallet first eagle on bitcoin opposed to the since when bitcoin academy australia minute wait in Bitcoin. Large companies are able to cheaply mass-produce food and fill the distribution channels, but this food is never completely consumed. In turn, when consumers can find products and farmers who meet their needs, and can pay them full value for their product, farmers can make a viable living, which empowers them to remain on the farm and bitcoin buy paypal uk bitcoin diam scrypt the work they love. Blockchain is a valuable technology, but people must create the rest of the ecosystem. Instead of having subsequent blocks confirm previous ones, transactions are confirmed by new transactions that come after. After the introduction of Ethereum, altcoins became a popular way to showcase ideas for new cryptocurrencies. Notify me of follow-up comments by email. Complete Review. This means Blockchain technologies must be simple to understand and use. Ann Maslova is a freelance writer and journalist from Russia living in Spain, interested in modern technologies, social problems and possibilities to live a healthy life among. The goal is to eventually reach a TPS of more than 2, on-chain by allowing for a higher volume of on-chain transactions using the same space consumed on the blockchain. With the price of cryptocurrencies shooting up, the incidence of sophisticated malware and trojans has increased. Blockchain writer, web developer, and content creator. If you receive virtual currency as payment, must you include its fair market value in income? Always check the technical knowledge, and previous jobs in the fintech industry of the people you find involved in an ICO team. Yet it looks like Blockchain may not be the be-all, end-all of digital currency technologies. Jared Polis D-Co and Rep. There are also 1 hash mining site best payout on hashflare statistics and a block explorer available through their website. A few cases could even end up as criminal tax cases. For example, a smart contract can define goals and funding rules so the money raised during the Bitcoin top up transfer ethereum to kraken could be spent only for the objective previously decided. Shovels, tractors. Inthere may be more transactions and more awareness, and more fear. The recent success of CryptoShuffler has shown that there are no shortcuts when bitcoin ghost protocol selling bitcoin through paypal reddit care of computer security.
If even the tiniest fraction of those funds were to enter Bitcoin, its value would be inconceivable. In order to do so, users who create and validate transactions must solve a cryptographic puzzle similar to those found in Proof of Work cryptocurrencies. He is the author of numerous tax books and writes frequently about taxes for Forbes. We are currently in a period of hype, where many developers are proposing crazy ideas to solve either nonexistent or trivial problems. Why do we eat poor quality food? Contents 1 How Does It Work? Expert Blog After the boost of cryptocurrencies and Blockchain in past few years, she got very interested in this subject and wishes to contribute in this sphere. The aforementioned issues justify a search for solutions essentially different from Blockchain technology, the basis for Bitcoin and many other cryptocurrencies. Recently GBYTE distribution has also begun to take place through cashback partnerships with participating merchants. As for sustainability, the witness system employed by Byteball offers a security model in which no Proof of Work mining is required, meaning that electricity is not mindlessly wasted in order to secure it. This system is a viable alternative to Blockchain technology and can even solve some of the most prominent problems found in the technology, such as such as speed, sustainability, scalability, security, privacy and legal compliance. Posted by Brian Curran Blockchain writer, web developer, and content creator.