Blockchain
Maxthon Announces World’s First Bitcoin SV (BSV) Powered Internet & Blockchain Browser
Maxthon, the global Internet browser company, announces it is building the world’s first Bitcoin-powered browser for the Bitcoin SV (BSV) blockchain. Maxthon 6 will be the next version of the award-winning browser – with an alpha release expected in late February, and a beta version targeted for March 2020.
Since 2003, Maxthon has provided a state-of-the-art, multi-platform web browser that is one of the world’s most popular – serving as the default browser for over 670 million users. Since its inception, Maxthon has won many top honors in About.com’s Readers’ Choice Awards; has been nominated for PCWorld’s 100 Best Products; and received a 5-star award from CNET and named “Best Free Software.”
Bitcoin SV Will Power a Better Internet
Always at the forefront of web technology, Maxthon believes the BSV blockchain will power the next-generation Internet – known as the “Metanet.” The Metanet is the Internet operating through the Bitcoin blockchain, by combining Bitcoin’s dual capabilities to send financial payments and transmit data simultaneously. It is a better online world that gives consumers easy ways to use and earn micropayments from their online activity, content and data. The Metanet is conceived by Dr. Craig S. Wright – creator of Bitcoin (Satoshi Nakamoto) and now Chief Scientist of nChain, the leading blockchain technology firm.
The Metanet is only possible with Bitcoin Satoshi Vision because BSV follows Satoshi Nakamoto’s original protocol and design to massively scale the blockchain. This allows BSV to handle much greater data capacity and process high volumes of fast microtransactions at incredibly low cost. Currently, it costs less than 1/20 of a U.S. cent to send a BSV payment; those fees will become even lower as BSV scales even bigger.
With tiny transaction fees, the BSV blockchain enables online applications for users to quickly send, spend and earn back small amounts of money – pennies or even fractions of a penny – with their data and online activity. As a result, the BSV ecosystem has been exploding with new ventures that give consumers creative ways to use and earn BSV in microtransactions – such as for consumer reviews, social media posts, online games, and even to monetize your identity and consumer data.
Maxthon’s Browser for a Bitcoin-Powered Internet
BSV seeks to enable a world where data, transactions and digital activity of all types can be “on-chain” on a single blockchain, just like the world operates online on a single Internet. This new on-chain world needs a Bitcoin-powered browser, and that is what Maxthon will provide. Among other features, the new Maxthon 6 browser will:
- enable easy wallet integration with BSV-powered applications. To use BSV apps, a user typically needs to have a BSV wallet and some coins. Maxthon will explore various ways for its browser to integrate Bitcoin SV wallets through which users acquire, spend and earn coins. This will make it easier for users to quickly begin enjoying the wide range of BSV applications while they surf the Internet;
- make it easy to upload data, content and other files to the BSV blockchain, even without first needing to hold any BSV coins;
- act as a “blockchain browser” – providing fast and easy ways to search and view “on-chain” data and content that will become increasingly stored on, and accessed from, the BSV blockchain;
- support threshold key technology which will make Bitcoin SV wallets more secure to manage; and
- provide open APIs that allow developers and businesses to easily integrate their blockchain applications to the Maxthon browser.
Maxthon’s founder and CEO Jeff Chen explains: “We want the Maxthon browser to be the online application platform and user’s window to the exciting world of Bitcoin SV combined with the Internet. Our goal is to make it so easy and seamless to use BSV applications that users do not even need to know BSV is involved in the background. Consumers will just know they are using and earning electronic cash from their online content, data, interactions and activity. This is the future of the Internet, and why we believe in Bitcoin SV.”
Jimmy Nguyen, Founding President of Bitcoin Association (the global industry organization that backs Bitcoin SV) comments: “Jeff Chen and Maxthon see early what the rest of the world will come to understand: the Internet’s future will be powered by the Bitcoin SV blockchain. We believe their Maxthon 6 browser will advance a future Internet that truly rewards users for their data, creates monetary value from user online activity, and incentivizes higher web content – all only possible on BSV.”
SOURCE Maxthon
Blockchain
Mysterious Trader Makes $150,000 Profit in 3 Hours From Just $2,956: Blockchain Analysis
A new Ethereum meme coin, Pochita ($POCHITA), has made headlines after skyrocketing in value shortly after its launch. According to on-chain data, one trader turned an initial investment of $3,000 into $150,000 in under three hours, reflecting a near-5000% profit. This rapid surge has drawn comparisons to other meme coins like Bonk ($BONK), which gained significant attention in the Solana ecosystem.
Pochita launched on October 2, 2024, quickly reaching a $20 million market cap within 9 hours, despite the broader crypto market contracting by 2.9% over the past 24 hours. The meme coin sector also dipped 3.2%, now valued at $47.5 billion. Despite the falling prices, Pochita’s rapid rise suggests strong investor sentiment around meme coins remains, especially following recent Federal Reserve interest rate cuts.
Though meme coins are known for their volatility and lack of clear fundamentals, they can provide quick gains for traders. Pochita is being discussed as a potential successor to Bonk, and if it continues its growth, it could join the ranks of other top meme coins like Dogecoin, Shiba Inu, and Pepe Coin.
At the same time, other projects such as Crypto All-Stars ($STARS) are providing new avenues for meme coin holders by offering a unified staking platform where users can stake various meme coins and earn rewards. Crypto All-Stars has already raised over $1.9 million in its presale, indicating strong interest in platforms that provide utility and passive income opportunities for meme coin enthusiasts.
Source: cryptonews.com
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Blockchain
Binance warns of crypto market risks from overvaluation, centralization
A recent Binance report highlights critical risks in the cryptocurrency market, warning of the dangers posed by inflated valuations and centralized token ownership. The report cautions that if these issues remain unaddressed, they could destabilize the long-term stability and growth of the crypto industry.
Valuation Concerns: The report emphasizes that overvaluation, particularly in newly launched tokens with low circulating supply, could lead to market bubbles and poor performance. Venture capital funds, which once aggressively invested in crypto, are now scaling back and shifting focus to sectors with more sustainable valuations. As the market becomes saturated with new tokens, the circulating supply could increase exponentially, further straining performance.
Centralization of Token Ownership: Binance also flags the risks of centralization, where large tokenholders dominate ownership. This concentration of power can result in governance issues, market manipulation, and potential crashes caused by sudden sell-offs. The report stresses the need for decentralized control and broad participation to maintain the integrity and resilience of crypto projects.
Transparency and Trust: To mitigate these risks, the report underscores the importance of transparency in fund management. A lack of clear disclosures can erode stakeholder trust and harm project sustainability. Binance notes that greater transparency, like the adoption of proof-of-reserves by platforms such as Coinbase, is crucial for fostering responsible financial management and building long-term trust in the market.
In conclusion, the report urges the crypto industry to prioritize decentralized governance and transparency to ensure sustainable growth and maintain market confidence.
Source: cointelegraph.com
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Blockchain
COPA, Unified Patents Partner to Fight Crypto Patent Trolls
The Cryptocurrency Open Patent Alliance (COPA) has teamed up with Unified Patents to launch the Blockchain Zone initiative, aimed at combating “patent trolls” in the crypto industry. Patent trolls, or non-practicing entities (NPEs), are known for exploiting patent rights through litigation rather than developing new technologies. COPA and Unified Patents aim to prevent such entities from hindering blockchain innovation by making costly and baseless patent assertions.
The initiative is designed to safeguard blockchain and related technologies from these unwarranted patent claims, fostering an environment where developers and companies can innovate freely without fear of legal threats. Key figures in the partnership, such as Paul Grewal from Coinbase and Steve Lee from Spiral, emphasize that patent trolls create significant barriers to technological progress, especially in the fast-evolving crypto space.
By aligning with over 300 companies through Unified Patents, COPA’s effort strengthens its mission to protect the blockchain community and the broader crypto-economy from the disruptive impact of NPEs, ensuring that blockchain innovation remains open and accessible.
Source: news.bitcoin.com
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