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This is episode 237 of You, Me, and BTC – your liberty and Bitcoin podcast.
If you thought all the Bitcoin forks were bad, get a load of what happened to Monero this week. The privacy-oriented crypto’s devs planned a hard fork to reduce the effectiveness of ASICs (something worth discussing in itself). But when all was said and done, four different projects claimed to reject the upgrade and proceed as the original Monero. This created a total of five different Monero forks and no one really knows how legit they all are.
How could this happen and what does it mean for Monero? Will it crumble due to failed central planning? How do we feel about hard forks like this in the first place? Tune in tonight for our thoughts on all that and tons more.
Also in this episode, we’ll cover the most interesting and friendly ransomware that’s ever existed. Apparently some hacker loves this shooter called PlayerUnknown’s Battlegrounds (PUBG) so much that he released a virus that forces people to play it. Unlike most ransomware, which demands crypto in exchange for unlocking the victim’s files, this worm unlocks the files after a few rounds of PUBG.
It’s gonna be a crazy evening so don’t miss it! Check the list below for some of the stories we’ll cover and catch the livestream tonight at 9PM Eastern.
Monero Just Hard Forked — and It Resulted in Four New Projects
PUBG Ransomware Decrypts Your Files If You Play PlayerUnknown’s Battlegrounds
Your hosts this week are Daniel Brown, Tim Baker, and Zack Voell. Don’t forget to visit ymb.tc/e237 so you can vote in this week’s Bitcoin poll and share your thoughts in the comments!
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  • Silsal, as the venture is titled, utilizes an electronic blockchain record framework to give full load perceivability and streamline exchange streams and supply chains. Whenever tried effectively, the Silsal blockchain task hopes to mechanize the trade, ID, and affirmation of load reports between Abu Dhabi ports and Belgium’s Port of Antwerp. Every partner demonstrations like a hub of a blockchain organize who gets the chance to get to and recognize the ongoing store network of the transported things. Abu Dhabi Ports has collaborated with its Belgian partner to start a blockchain-fueled production network pilot venture. News Source: TheCoinRepublic

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  • Trevon James has reported that to the reporter that, notwithstanding, the maker had as of late observed a portion of his accounts for their entertainment regard. To the degree YouTube characters go, James is doubtlessly not the most exceedingly terrible, and his 120,000 supporters on that stage show it. Here he is in January, not a long time before the drapery truly began to close on the BitConnect scheme, talking about it. By then he was at the same time defending BCC and its executives, saying that “in case they expected to deceive” they could have as of late left with everything starting at now. Note this is actually what BitConnect did sometime in the future………… News Source: TheCoinRepublic

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  • The importance of digital marketing has increased significantly in the last few years. E-commerce and the web are used more than they have ever been before. Online stores and services have proven true that it is on the web and at our fingertips. The main problem which is encountering for cryptocurrency users is choosing a reliable cryptocurrency wallet. What is BitcoinGenX? BitcoinGenX (BGX) is truly a 2-in-1 innovative cryptocurrency aiming to change the way cryptocurrencies are perceived and how they can be beneficial to the future for financial institutions. BitcoinGenX is POS+ zPoS Hybrid cryptocurrency forked wallet and it also includes customized Zerocoin Protocol. BitcoinGenX aims to provide innovation and positive change to the world by promoting both eco-friendly and privacy solutions in the blockchain industry. For the BtcGenX holder, it will be extremely beneficial to hold BGX as the algorithm is Proof-of-stake/Masternode. That means that the only way to mine/mint BGX coins is by holding and staking coins. Once the coin holder has enough coins for a masternode, they will profit from higher rewards. BitcoinGenX cannot be mined by GPU (Graphics Cards) or CPU (Central Processing Unit) as we believe it would be unfair for user’s wealthy in equipment to benefit more than those who don’t have such tools available. The BGX reward, directly flows back into the value of BGX coin holders, in proportion with their current stake. This means coin holders make the money. BitcoinGenX is having a fantastic marketing team which will plan a customized beneficial package to the small and large businesses. It will be designed to have to drop down boxes whereby the users can select their target markets, even targeted media platforms, with easy advertising package solutions to meet their goals. BitcoinGenX Management Team The BitcoinGenX management team is committed to expanding the blockchain platform to be at the forefront of changing the world to a more efficient and safe place using these technologies. We monitor the industry and comply with regulations while being transparent with the community at large. With our products being made, we aim to dominate our niche markets by creating easy to adopt, functional products to ensure the industry’s success. We are creating a hub (all-in-one) digital marketing platform, whereby large corporations, small businesses, and individuals alike can all bring about big savings and promote their products or services with our easy marketing process. We will also be creating a website that links together our centralized and decentralized exchanges, with offering a choice between the two, as we feel it should be the users choice. All fees are payable with BitcoinGenX coin for both platforms. BitcoinGenX was interviewed by our team prior to this publication. Here are their responses to questions we posed: Question: How and when did you get the idea? BitcoinGenX: When we saw the need for decentralization in digital marketing to help fuel e-commerce, we knew there was a need for an all in one marketing platform to make it easier for companies/projects or people to spread their word. Question: Why do you think investing in Crypto is profitable? BitcoinGenX: Because it is largely unknown and highly volatile. Soon we will see stability in the market but then mass adoption will make sure the value will continue to go up for the strong projects. Question: What makes it stand out from the other ICO’s? BitcoinGenX: Our digital marketing platforms that are being built on decentralization, our clients can integrate into their business model and leverage the powerful network effect of the blockchain. This allows companies to build their own unique economic ecosystems and incentivized early community contribution and adoption in an unparalleled fashion. Question: What suggestions would you like to share for others who are looking forward to starting a company? BitcoinGenX: Follow your dreams and passions, no one else is going to have the same as you! Question: How can World readers get involved in what you are doing? BitcoinGenX: If you would like to know more about how you can take part in the community, please check our discord forums and let us get to know you and your skill set. We’re open for extending our team with great personalities. Question: What are the next steps in the project? BitcoinGenX: We are working hard on the web wallet development, so it can be released as soon as possible. Also, we are planning to get listed on CoinMarketCap and masternodes.online. CONCLUSION BitcoinGenX (BGX) is creating a hub (all-in-one) digital marketing platform whereby large corporations, small businesses, and people alike can all bring about big savings and promote their products or services with the easy marketing process. BitcoinGenX has a fast blockchain and the wallet including green protocol and zerocoin protocol is safe and secure. Finally, a fair distribution which means those daily rewards are split equally amongst all node holders. Click here to know more about BitcoinGenX.

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  • Monero (XMR) developers have fixed a bug involving cryptocurrency hardware wallet Ledger that created user funds seem like they’d disappeared, they confirmed on social media on 8th April. Reported in early March, the bug, that Ledger originally thought to be a synchronization problem, first came to light when a user’s balance failed to react to an incoming transaction. The problem solely affected those using Ledger Nano S devices to access their XMR wallet. As of in the week, the problem has formally been resolved through the issuing of a patch from Monero developers luigi1111 and stoffu. The amount thought to be lost within the initial red flag dealings totaled 1,680 XMR (around $115,00), leading to concerns of a major flaw. In the end, Monero says, the number of wallets involved was minimal. “A few weeks ago some Ledger Monero users got affected by a bug in the Ledger Monero code. Due to the bug, a handful of transactions were erroneously constructed and the wallet was not able to spot (and subsequently credit) the change, thereby letting the user believe their funds were lost,” a summary of the fix on Reddit now reads. The summary continues: “Fortunately, we were, in collaboration with the Ledger team, able to resolve this bug and recover the ‘lost’ funds of the affected users.” The summary adds “This, hopefully, will ensure no such bugs will be present in the future.” Monero may be a privacy-focused altcoin that presently occupies 13th place in the high twenty cryptocurrencies by market cap. Its anonymity options have created it a favorite for those involved regarding privacy, however, have additionally endeared it to cybercriminals, who developed malware to mine it covertly on user devices. Last week, XMR.to, a service that allowed Bitcoin (BTC) users to extend the privacy of their own transactions using XMR, removed support for U.S. residents due to regulatory compliance difficulties.

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