Bprivate has released its white paper and there is one interesting tidbit about unclaimed coins that sticks out. Cryptopia is having a hard time releasing Zclassic and they say if it is still stuck leading up to the Bprivate snapshot that ONLY then they will credit people with Bprivate. People are actually buying Lcash- this is a good sign for Brhodium. Look up the marshmallow experiment- if you understand how it pertains to Bitcoin and being elite then you are in good shape. Gabriel says the Petro is coming out soon.
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Private white paper is out- ~~~ embed:965744452978597889 twitter metadata:Yml0Y29pbnByaXZhdGV8fGh0dHBzOi8vdHdpdHRlci5jb20vYml0Y29pbnByaXZhdGUvc3RhdHVzLzk2NTc0NDQ1Mjk3ODU5Nzg4OXw= ~~~
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Thank you for sharing this information. It will certainly be interesting to see how the release of the petro plays out.
Petro might as well be another fiat IMO, afaik it isn't decentralized at all...
I know what you mean, and agree with you regarding the Petro being as good as centralized. However, considering the current US sanctions on Venezuela along with the continuous human abuses happening within Venezuela, I wonder what effects (if any) the Petro will have on the situation.
Actually I just found something on wikipedia:
In the United States, the Department of the Treasury warned that participating in Venezuela's proposed initial coin offering for the petro cryptocurrency could violate U.S. sanctions against Venezuela, because it "would appear to be an extension of credit to the Venezuelan government"
That's exactly what I anticipated, thank you for confirming this;0)
Its hard to know for sure, I guess we will find out in time. I do think there is SOME chance the US government (along with other western governments) will ban their citizens holding it because it may be considered "financing terrorism". I HOPE they use their heads and allow others to mine it and limit supply, but, I don't like the chances.
Nice Information, thanks !
Make sure to check out my airdrops posts too!
learning to fast and exerciseis a great teacherGood
Was there any motivation for Lcash fork other than pumping on an exchange?
Very good question