Other Bets Props and Futures Some other fun bets that can be made on basketball include prop bets and futures. How To Bet News. Handicapping Your Basketball Bets When oddsmakers set the lines, they take many factors into consideration. If you have even one loss, you lose the entire bet. On the other hand the Magic must either win outright or lose by 3 or fewer points for a Magic spread bet to payout.
Gox was insolvent. His research, he said in an email interview, showed that these coins were among up to , moved again recently, in late December and in early February - indicating that not only were there bitcoins still somewhere in the system, but that they seemed to belong to Mt. Both declined to give their names or other identifying information. Their conclusion: the movement of coins they investigated did not square with the explanation given by Mt.
Gox that the exchange lost its coins to a malleability attack. Ken Shirriff, a software engineer at Google who runs a blog at righto. Shirriff was cautious in his conclusions, but he said in a blog post that the malleability attack he looked into could not have been responsible for Mt. Shirriff declined to be interviewed for this article. Moreover, if a bitcoin owner is not careful in detaching the keys - his PIN number - from anything that may identify him, he would effectively remove anonymity from a transaction.
But researching this is not easy, he warns. BitIodine will be demonstrated at a financial cryptography conference in Barbados this week. The danger arises when drawing links and patterns between wallets and transactions that are spurious, he says. From there to implicating unrelated people is a short and dangerous step. Its alleged founder, Ross Ulbricht, has pleaded not guilty to charges including money laundering. The paper was withdrawn after a cryptographer called Dustin Trammell said he owned the bitcoin address the researchers had uncovered.
Indeed, Reddit is still smarting from last year, when its users misidentified two young men as suspects in the Boston Marathon bombings. An Oklahoma-based soft drinks distributor called Michael Bennett dug up what he said were 29 wallets containing about , bitcoins traded heavily in the weeks leading up to Feb.
With the new updates set to make Atomic Transactions the norm for IOTA, this could reduce the transaction size from 1. To calculate the ECPT under the current algorithm though, Abbaszadeh Sori used three smartphones with different processors and versions of Android but no iPhones and sent an iota token 25 times with each device. The measure of energy used included approval of the transaction, complete proof of work, preparing inputs and outputs, validating the receive address, synching the account, and final validation.
While the results were very clearly in favor of IOTA as a much more eco-friendly cryptocurrency, Abbaszadeh Sori himself acknowledges some limits to his study. And now we have an updated IOTA 1. View EOS on Coinbase 8. The peer-to-peer platform allows creators to share applications directly on the blockchain, making the whole process more energy efficient.
Tron lends itself to decentralized gaming and this latest project leverages interest in play-to-earn apps on the Tron network. View TRX on Coinbase 9. The original Burstcoin is now essentially void due to a hard fork following a significant price decline after the crypto was delisted from Poloniex in May Burstcoin was possibly the first blockchain to use Turing-complete smart contracts which allow for the creation of non-fungible tokens NFTs and use in on-chain games. Meaning that a computer with a 1 terabyte hard drive barely uses more energy to mine SIGNA than an idling computer.
Miners can easily increase their effective storage capacity by committing a SIGNA balance stake in their account. In October , Signum introduced Smart Tokens. The idea here is a blockchain where tokens exist outside of smart contracts. The network is driven by volunteers and in founded Signum- Network Alliance SNA , a not-for-profit organization to help Signum fulfill its vision of sustainability and innovation in blockchain technology.
The crypto token price rose to nearly 53 times that of the ICO price in USD terms, as of December and the company gave its Elemental Chat platform a test run, with a public release expected shortly. Again, this makes Holo different to other cryptocurrencies in that it is backed by a tangible asset cloud-hosting services. Holo charges a fee on transactions using the P2P network, meaning that revenue is tied directly to the number of apps and hosts on the network. How it works Holochain is an open-source framework for peer-to-peer applications and its token HoloTokens HOT requires no mining.
Anyone who hosts hApps on their computer or device can receive HOT in return. Holochain is immediate and efficient, does not rely on proof-of-work or proof-of-stake, but still enables scalable crypto-accounting. Each user provides a small amount of computing and storage, allowing P2P web applications to function, in theory, at a massive scale without need for centralized data centers or infrastructure. This depends largely on how many users sign up, however.
The cool thing about Holochain is that it can operate through a regular browser, without Holo Hosts needing to install any software. This makes it much more accessible to new, curious, and perhaps hesitant users.
Holochain provides a bridge from the decentralized, P2P developer world to existing payment systems. This makes it rather unique among cryptocurrency projects which typically aim to be entirely decentralized and rely fully on blockchain technology. In essence, Holo acts as a bridge between a fully decentralized network and traditional, familiar internet browsers, helping to expand the ecosystem and marketplace for DApps.
View HOT on Coinbase The Devvio platform does appear to have gained some attention for its work in the ESG Environmental, Social, Governance space, however. The DEVVIO system can be used to authenticate green certifications, enable markets for carbon credits, and facilitate financing for sustainability projects. And it does this without creating inefficiencies and massive energy requirements as projects scale ever upward. Instead, individual nodes talk to each other, creating an energy efficient system.
How it works DEVVIO is a distributed accounting protocol based on sharding, layer 2 protocols, and an efficient consensus mechanism. It can currently execute up to 8 million transactions per second TPS. Each shard represents a blockchain ledger and thousands of these shards can be added to eventually enable tens of millions of TPS.
To create the necessary complexity for security, DEVVIO has transactions move between shards, but each wallet is only assigned one shard. Payment happens on one shard as part of Tier 1 and settlement on another the Tier 2 network. In theory, Hedera Hashgraph could process more than , TPS, which would allow it to easily rival Visa and other mainstream payment systems. Thankfully, this cryptocurrency HBAR is a proof-of-stake token, meaning it uses far less energy than proof-of-work tokens like Bitcoin.
HBAR has a current supply of around 8 billion hbars and a fixed supply of 50 billion hbars. It is a decentralized public network used for in-app payments, micropayments, and transaction fees, as well as for network protection.
Developers can use Hedera to build secure applications with near real-time consensus. Hedera Hashgraph consists of four main services, including HBAR, the cryptocurrency that allows for low-fee, highly customizable transactions. The other services include smart contracts, file service, and consensus service.
How it works Hedera Hashgraph works through a system called asynchronous byzantine fault tolerance aBFT. This allows for high-level security even if there are malicious actors on the network. It is faster than Bitcoin or Ethereum because transactions are processed in parallel, rather than having to go through the whole blockchain in a serial manner.
Hedera Hashgraph plans for more upgrades to the network in the second half of , including introducing sharding. This will split the network into multiple shards to enable an increase in transactions. One of the cool things about Hedera Hashgraph is that it is already being used to facilitate sustainability projects.
This includes through Power Transition , a software system backed by Hedera Hashgraph. This highly scalable digital energy platform allows people and companies to control energy use from micro grids to national grids. It can help to reduce costs and make the move to a zero-carbon economy by dramatically improving communication between players in networks of any size, making for greater energy efficiency. Power Transition estimates that the Hedera Hashgraph platform is , times more energy efficient than Bitcoin, using just 0.
Unlike many cryptocurrencies, Chia was created by a familiar name: Bram Cohen, the founder of BitTorrent. When the platform was launched, it reportedly led to a shortage of hard drives in China as people scrambled to acquire more storage space on which to farm XCH.
How it works The Chia Network is a blockchain and smart transaction platform that allows users to take advantage of available hard drive space to run the decentralized network. Instead of proof-of-work, the Chia Network relies on proof-of-space-time. XCH was created in in response to the excessive energy use involved in mining crypto.
Chia farming was designed to be accessible, with no specialized equipment needed, nor massive amounts of power. View XCH on Coinbase Algorand ALGO Algorand is a proof-of-stake blockchain that gets its value because it supports smart contracts. Released in late , Algorand is also relatively new to the crypto scene but was able to manage almost one million transactions per day by December One of the founders of Algorand, Silvio Micali, is a profession of computer science at the Massachusetts Institute of Technology and a recipient of the Turing Award in , in part for his contributions to cryptocurrencies and blockchain protocols, all of which inspires quite a bit of confidence when compared to other newer crytpos.
The speed of transactions on the Algorand platform and its low transaction fees, in addition to being a permissionless pure proof-of-stake blockchain protocol, all mean that the network is more accessible, scalable, and uses far less energy than Bitcoin and its ilk. How it works The pure proof-of-stake approach of Algorand means that all validating nodes are known to each other and have to agree to create a new block each time. Algorand does not involve mining, and the network is trying to lead the way in blockchain sustainability by creating a carbon-negative network.
It was designed to be energy efficient from the get-go and has committed to offsetting any emission gaps to reduce its environmental impact further. This organization is a leader in carbon emissions transparency and traceability and the partnership with Algorand allows CimateTrade to enhance its sustainability efforts with corporations worldwide.
The Algorand Foundation is a not-for-profit organization behind this development. The Foundation also envisions bringing on board a whole community of blockchain and mainstream developers including those wanting to use the platform to support sustainable endeavors. This Algorand Standard Asset ASA will then be locked into a green treasury and the protocol will continue running as carbon-negative by carefully tracing and offsetting these amounts.
The Algorand blockchain currently has 10 billion ALGO, with distribution continuing to roll out up until TraceChain is an algorithm for routing traffic over the network. MetaGate is an open source user interface for third-party developers. How it works Metahash is another proof-of-stake protocol that is far more efficient than its pure proof-of-work counterparts.
It originally operated using a delegated PoS mechanism but has transitioned to a multiple PoS mechanism to address issues that compromised decentralization of the network. In cases when the central network entities, which generate blocks, appear to be corrupted, the rest of the network may vote to rebuild the network and to re-distribute the roles, thus, neutralizing the threat.
View MHC on Coinbase Harmony primarily creates a bridge between creators and consumers of non-fungible tokens NFTs. Its main benefits are using an energy efficient proof-of-stake algorithm, very fast transaction times with contracts finalized every two seconds , and impressive scaling capabilities. How it works The Harmony platform uses sharding and FBFT consensus algorithms to increase speed and security and reduce the amount of energy required per transaction.
This makes Harmony a fairly green cryptocurrency and blockchain. Harmony works across Bitcoin, Ethereum, Polkadot, and the Binance Smart Chain and is focused on improving scalability across these networks. View ONE on Coinbase The launch of the Tezos mainnet was delayed by a series of lawsuits from unhappy investors who argued that tez was, in essence, an unregistered security.
Tezos is an energy efficient Proof of Stake PoS blockchain that is self-upgradable, scalable, and secure. It is an impressive piece of crypto tech, with a reputation for transparency and innovation. The Tezos blockchain operates using the cryptocurrency tez not capitalized and has the ticker symbol XTZ. Tezos was developed by Arthur Breitman, who published a white paper in proposing the blockchain.
It took four years to launch the mainnet, with the intention from the outset being to create a network that actively invited contributions from the developer community. How it works Unlike Bitcoin, Ethereum, and many other blockchains, Tezos has an on-chain governance mechanism that allows the network to continuously improve without the need for a hard fork. This system means participants in the network can propose, vote upon, adopt, and deploy improvements efficiently.
The result is a leading edge blockchain network that can quickly innovate. The algorithm enables transactions to be processed quickly, cheaply, and at a fraction of the energy used by Proof of Work networks like Bitcoin. It is an open-source software project, and anyone can contribute code to make the blockchain better.
The self-amendment capacity of Tezos avoids the issues with forking that have hounded other blockchains, such as Ethereum. Instead of needing to fork or split into two different blockchains when carrying out major upgrades, Tezos can amend itself without disruption to the network and without creating massive division in the community.
Another advantage to self-amendment is that the process of upgrading is more easily coordinated and executed at a lower cost. Further amendments are also easier to implement as there remains just one blockchain, not two or more that also require upgrades.
Anyone who stakes 8, tez is known as a Baker and can vote on proposed amendments and upgrades put forward by Tezos developers. The four-step procedure takes around 23 days, and proposals that receive majority support are then tested on a testnet for 48 hours. Those that gain support from a super majority are then fully implemented on the mainnet.
Using programming languages 0Caml and Michelson, which facilitate formal verification, Tezos is a super secure blockchain that can be used safely in the aerospace, nuclear, and semiconductor industries. All of this makes Tezos very attractive to a variety of users. Who uses the Tezos platform? Tezos allows users to build powerful decentralized finance DeFi apps, other tools, games, and NFTs on its network. The French banking giant Societe Generale also signed on to use Tezos for a central bank digital currency.
You can buy tez on most major coin exchanges, including Binance and Coinbase. View XTZ on Coinbase It is designed for building games, apps, NFTs and other internet-scale protocols and applications that need low-latency i. How it works Flow is the brainchild of the team behind CryptoKitties and offers the unique approach of separating mining or validating roles into four distinct processes.
In most blockchains, a single miner or validator performs all or most of the tasks of validation. This slows things down and means some of the work is carried out by multiple parties unnecessarily. With Flow, the pipelined architecture reduces this redundancy and improves efficiency and security by separating out the tasks.
Even those with a small amount of computer power available can participate by performing some of the less energy intensive parts of a transaction. The four validation roles comprise Collection, Execution, Verification, and Consensus, with no sharding needed. With Flow, every application on the network can also function as a platform on which to build. It has an architecture that allows for custom private or public blockchains to be deployed as subnets, and these subnets can facilitate around 4, transactions per second, at a lower cost than networks such as Ethereum.
The Avalanche network consists of three component blockchains: the Platform Chain P-Chain which coordinates validators and the creation of subnets; the C-Chain for smart contract creation; and the X-Chain for managing and exchanging assets. A stake can also be delegated to another validator, allowing them to earn a portion of the validator reward.
It is also possible to specify validation of a particular subnet blockchain. The platform was launched in and uses a Proof-of-Stake algorithm. The open source platform uses the native coin GRC and current projects include protein folding through Rosetta Home, mapping the Milky Way galaxy Milkyway home , and figuring out solutions to public health and clean energy problems World Community Grid. Unlike other scientific cryptocurrencies, Gridcoin can support a wide variety of different projects, limited only by what users of BOINC broadcast.
The original Gridcoin Classic used a hybrid PoW algorithm, allowing participants to hash half the time and donate half time to science. The Gridcoin-Research algorithm made the PoW component obsolete as this PoS algorithm allows nearly all the computational power go to science while a tiny amount maintains and secures the blockchain.
Researchers can create their own projects on BOINC for free, and Gridcoin rewards people for granting access to unused computer power otherwise unavailable to these researchers. BOINC has been running since and is a well-regarded and secure system. View GRC on Coinbase It is powered by participants, who quickly synchronize and verify the network.
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Quoting from the Blender manual: We have created an official list of trusted. If you want to get. What gave him away? The trail of his own decade-old digital transactions. US authorities on Tuesday arrested Roman Sterlingov in Los Angeles, according to court records, and charged him with laundering more than 1. According to the IRS criminal investigations division, Sterlingov, a citizen of Russia and Sweden, allowed users to blend their transactions with those of others to prevent anyone examining the Bitcoin blockchain from tracing any individual's payments.
He took commissions on those transactions of 2 to 2. That's before factoring in Bitcoin's massive appreciation over the past decade. Ironically, it appears that the transactions Sterlingov allegedly used to set up Bitcoin Fog's server hosting are what put the IRS on his trail. As of Tuesday afternoon, Bitcoin Fog remained online, though it's unclear who, if anyone, now operates it. The story told in the criminal complaint against Sterlingov begins with his allegedly founding the site in late , while promoting it under the pseudonym Akemashite Omedetou, a Japanese phrase that means "Happy New Year.