Happy Birthday Bitcoin (again) – Decrypt Media

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In November of last year, we lit 10 candles for the late Bitcoin birthday. But, like the Queen of England, Bitcoin gets two birthdays. Today, ten years have passed since the genesis block was extracted for the first time (the last birthday was commemorated ten years after the release of Satoshi's white paper). The taxes are flooded.

The Guardian of the lead with a shortened history of the network, concluding that it is a miracle the thing still exists. Bitcoin Magazine gushed with superlatives on the "revolution" of the Bitcoins and on the "Promethean significance" of this sacred day. Others have focused on the Proof of keys movement, and the need for individuals to regain control of their crypt.

The cryptographic research company BitMEX went further with an announcement on the front page of The Times newspaper.

But nobody comes close to this little gem. Crypto journalists Elly Zhang and Jane Wang put together the Bitcoin pieces for a five minute song dedicated to the godfather of the blockchains.

The "song" presents Dave Chapman, CEO of the blockchain company ANXONE; Bitcoin maximalist Brian Lockhart (wearing a balaclava); The core developer Monero Riccardo Spagni and the CEO of Boxmining Michael Gu, with a ridiculous mustache (among others). Their interpretation of blood in the ear At Million Dreams, from the musical "The Greatest Showman", it is only the elevator that has been on his coin the biggest series of defeats for seven years he needs. Happy birthday Bitcoin!

Monero's money moves

Fortnite, the game loved by hundreds of millions of teenagers, and detested by all the others, is opening its doors to the crypt. In particular, players will now be able to purchase items on the Fortnite store using Monero, the currency focused on privacy.

Although GloBee, the cryptographic service that managed the operation, allows Bitcoin, Ripple and Litecoin to be accepted by merchants, Epic Games, the developer of Fortnite has chosen to accept only Monero, for now.

Many have asked Reddit to shout "Mass adoption!"But let's say, (with less force)" keep your horses. "According to a report by Malwarebytes last October, this may not be the kind of exposure that Fornite users want. In 2018, the bitcoin addresses of the players were targeted by hackers with offers of new versions of the game. When unaware players have taken a bite, instead of leveling up, their bitcoin wallets have been emptied. Even Monero has his fair share of shady frauds.

In June, the network and company security company Palo Alto Networks found five percent of all of Monero's XMR currency in circulation has been misquoted by cryptojacking. With the average player of Fornite somewhere between 18 and 24, the news seems more fresh meat for cryptographic hackers and less like the loving embrace of the gaming industry. But we are all a group of hopeless romantics here. The crossed fingers are horribly, horribly wrong.

Miners do not dig anymore

After the news of the Chinese mining giant Bitmain who has a Sour Christmas, the industry has more to complain about: the Japanese e-commerce title DMM.com has announced that it is liquidating its mining business due to falling prices. It is also decided to launch an encryption platform to compliment the existing operation, DMM Bitcoin.

This is not the first Japanese company to exit the mining biz. Internet OGM, a technological conglomerate, pulled the plug on the Bitcoin mining hardware operation in late December, after reporting losses for $ 321 million. Both companies are trying to unload their mining rigs, so if you're looking for thousands of mining rigs in a network with an ever-deprecated asset (?), We've got it right. And Bitcoin? Many happy returns!

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