Lightning has two time locks that both channel parties must agree to if a channel is opened between them. These are (in BOLT5) to_self_delay (CSV Relative Time Lock) This is relevant when your channel counterpart is trying to trick you. cltv_expiry (CLTV Absolute Time Lock) This is suitable if you have not received a pre-image of the HTLC you agreed to route to. First, do the various Lightning implementations all converge on similar defaults for these time locks? What are they and how do they differ? Second, what is the negotiation process for these time locks? tell me you like…
Author: Crypto Flexs
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Sherman Oaks, USA, January 30, 2024, Chainwire Pioneering author and founder of Xsolla, Shurick Agapitov, today released his groundbreaking new book, “Once Upon Tomorrow.” This pioneering work offers a transformative and ambitious vision of the metaverse that stands in striking contrast to the mainstream narrative. Agapitov’s book is a thought-provoking journey into the possibilities and potential of the metaverse, offering a unique perspective different from those often presented at industry conferences and technology CEOs. “In ‘Once Upon Tomorrow,’ I present a vision of the metaverse: a vast, inclusive, and transformative space. This is not just a digital frontier, but a…
Friend.Tech, a decentralized social media protocol, gained attention last year but has noticeably fallen off the radar recently.CryptoSlateused Dune Analytics data compiled by 21.co and discovered a worrying trend: the platform’s failure to attract new users and apathy towards its existing user base. On January 28, the platform had just 19 new users who had engaged in at least one transaction, a stark contrast to its peak of over 70,000 users in September.Cryptokoryo’s separate dashboard highlights the extent of the recession. On the same day, Friend.Tech recorded only 5,544 transactions, representing a stunning 99% decline from its peak volume of…
Posted 1 minute ago In ~ Ethereum co-founder Vitalik Buterin analyzed four ways cryptocurrencies and artificial intelligence can overlap, identifying potential use cases and pointing out the risks involved.In a blog post published Tuesday, Buterin examined the use of AI as an actor, interface, rules themselves and the end goal. He pointed out that using AI as an actor within a protocol has the highest viability, while using AI as an interface to a protocol has high potential but carries some risks.“Generally, the basic mechanics will continue to be designed roughly as before, but use cases where individual players become…
Xsolla, a global video game commerce company, has launched Story3, a new platform designed to help creators receive more equitable compensation. Video game commerce company Xsolla has launched Story3. This presents an opportunity for Web3 creators to claim fair compensation. Considered ideal for creative thinkers, Story3 targets the journalist, storyteller and writer sectors. Overall, the goal is to provide more equitable compensation to those who create content on the platform. Web3 has often been defined as an area with a high concentration of marketplaces. This hinders the way creators seek fairness and pay for their projects. It also crowded creator…
HyperFund founders Lee and Chunga have been sued for alleged $1.7 billion cryptocurrency fraud. Cheong-ah agreed to a settlement pending court approval, and Lee plans to take legal action. The U.S. Attorney’s Office filed additional charges. The US Securities and Exchange Commission (SEC) has taken decisive legal action against individuals allegedly involved in a $1.7 billion cryptocurrency ‘Ponzi’ scheme involving HyperFund, HyperVerse and HyperTech. The defendants are Xue Lee, also known as Sam Lee, and Brenda Chunga, known as Bitcoin Beautee. They are accused of orchestrating a fraud scheme to defraud investors and violate federal securities laws. Fake Membership Scheme…
join us telegram A channel to stay up to date on breaking news coverage great price sudden drop It is up more than 14% in the last 24 hours, trading at $0.01399 as of 11:45 PM ET. Honk price has formed a bearish channel. HONK/USDT 4-hour chart (Source: TradingView) that much make cry Prices have been trading in the integrated channel since January 27th. However, over the past 24 hours, the altcoin has printed a series of lower lows and lower highs. This created a downward price channel. If this selling pressure continues, HONK could soon retest the $0.012040 support…
This whale behavior may add to the negative perception of MKR. As FUD started to grow, sentiment towards MKR decreased. MakerDAO (MKR) recently made headlines when its co-founder sold a large amount of MKR. Data shows this was not an isolated incident and other whales were following suit. The whale is swimming away Data from Lookonchain shows that over the past four days, significant transactions have occurred with whales offloading 2,658 MKR at an average price of $2,022. Afterwards, the price of MKR fell 7.6% due to massive selling. Despite this, the whale still holds 2,007 MKR worth $3.9 million.…
join us telegram A channel to stay up to date on breaking news coverage The price of Bitcoin has risen 3% over the past 24 hours, trading at $43,380 as of 1:05 a.m. ET, with trading volume surging 45%. This is part of an ongoing recovery rally after Bitcoin prices fell in the aftermath of the Grayscale Bitcoin Trust (GBTC) buyback. Bitcoin prices have fallen nearly 12% since the local high of $48,969 on January 11 as investors sold BTC to cash out GBTC shares. Meanwhile, Raoul Pal, a former executive at US investment bank Goldman Sachs, said the Bitcoin…
Cryptocurrency has revolutionized the way we think about money and financial transactions. With the emergence of Bitcoin and Ethereum, interest in and investment in digital currencies has surged around the world. SterlingCoin is poised to become the next leader in the cryptocurrency market by offering innovative features and unparalleled security. In this ultimate guide, we will explore the future of cryptocurrency with SterlingCoin and why it could be the next big thing in the world of digital currencies. What is SterlingCoin? SterlingCoin is a new cryptocurrency created to meet the growing demand for a secure and decentralized digital currency. Launched…