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⭐ Features
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Little Big Data: Past-ICO Review

  • Eric Eissler
    ⭐ Features

    Big data is important in the information age to advertisers, however with little news about itself Data is just noise in the background of a massive crypto sea

Little Big Data: Past-ICO Review
Cover image via u.today

Data is a rather vague name for a company that is working in online advertising; it could be anything. Data wants to fix problems in online advertising by reducing untraceable ad fraud, reduce the overly complex middle layers of advertising, and improve monetization and the user experience. This Chinese-US company has already more than 50 partners working together to develop this product. Since Internet advertising is so centralized, the middleman companies keep growing and growing, taking more and more of a cut of what advertising is making.

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Past-ICO Review: Mobius

Past-ICO Review: Mobius

Finance

While the token sale raised some $38 mln by Jan. 21 during a one-day sale, the token price has taken a nosedive. The token entered the market at $0.02 on Jan. 22 and within two days spiked to an all-time high of $0.06 before falling, like a rock, down to $0.0022. Total market cap has been reduced to $10 mln and daily trade volume is $747,000. While the concept behind the token is not unique, there are many other tokens out there like it, Data does have a large and strong team developing it.

Team

Josh Burns- Co-founder

Burns is an experienced consumer Internet business leader focused on helping reach and engagement for early to mid-stage consumer internet companies developing compelling products for both mobile and desktop, with a focus on gaming. However, it is a bit strange that he does not list Data on his LinkedIn resume.

Shirley Lin- Co-founder

Lin founded InstaCreek.co in March 2016, with a purpose of creating a passage to connect people and make an impact. She is a serial entrepreneur, a seasoned executive in Business Development with deep relations in Silicon Valley, Europe and China, and specialized in globalization for cross-border operations. She has the technical background in the hard-core programming in O.S. and aerospace Space Shuttle program at NASA. Data is again missing from her bio…

Ze Li- CTO

Li is a computer scientist and engineer who is heading up the developer team for Data. His main specialty is working with big data and has much experience in that field. As a side note, he does have Data listed on his LinkedIn resume.

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Past-ICO Review: Olympus Labs

Past-ICO Review: Olympus Labs

Not much in the news, not much online

Trying to find out more information about what this company is doing has been difficult. Furthermore, no responses were given to our media inquiries and on top of that many of the reviews out there are old, written when this company was fresh out of the gate earlier this year when launching its ICO. A blog on Medium praised it for its new technology and price performance  but died off once the price fell. There are many fancy graphics which depict what the company wants to do and which problems they want to solve, however, not much more information is provided on how they will go about doing this.

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Envion the Enron of the Cryptosphere: Past-ICO Review

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About the author

Eric Eissler is based in Chicago and works in higher-education administration and finance. He is a freelance writer covering blockchain technology, fintech, cryptocurrency, the oil and gas industry, and international politics.

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0
📰 News
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Top Bitcoin Miner Warns – Bitcoin’s Privacy Features Are ‘Quite Poor’

  • Yuri Molchan
    📰 News

    The head of a major Bitcoin mining pool says that Bitcoin privacy is weak and must be improved to prevent BTC from avoiding governments’ clampdown

Top Bitcoin Miner Warns – Bitcoin’s Privacy Features Are ‘Quite Poor’
Cover image via www.123rf.com

The CEO of one of the largest BTC mining pools, Poolin, has recently stated in an interview that Bitcoin privacy has to be improved. The current privacy features make BTC vulnerable to potential regulatory bolt tightening, says he, as reported by Forbes.

The Poolin mining company was set up by several former employees of BTC.com – a world’s major mining pool, a subsidiary of Bitmain. Among them was the Poolin’s current CEO Kevin Pan.

“Bitcoin’s privacy features are quite poor”

Over the past years, developers have suggested several ways to improve Bitcoin’s privacy. However, those were rejected by the community, since they would hard such major things as security, scalability, etc.

A good example here is Confidential Transactions that were among those suggestions. They disguise the amount of BTC sent in transactions. However, the integration of it was rejected, since it could have had a negative impact on the public verifiability of the present BTC supply.

Kevin Pan says that privacy is much more vital for a crypto asset development than scalability. Pan says:

“There is no other big question if the privacy issue is solved.”

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Governments may start controlling BTC miners

The company CEO believes that in theory, authorities or law-enforcement agencies may start telling miners to block certain address from receiving funds or sending them. However, in that case that would have to be 51 percent of the BTC network.

Pan believes that unless a solution to this problem is found soon, governments will get a chance to prevent transactions to certain addresses from happenning.

“What is more troublesome now is if government or law enforcement departments begin to create a blacklist of transaction addresses, it will make certain transactions unable to be packaged.”

“In fact, these can be done. But if there is privacy, you can't know who the address belongs to, and you can't determine how much the amount is, and there is no way to control the currency system. So for me, Bitcoin is basically no problem if the issue of privacy can be solved.”

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Bitcoin Block Number 600,000 Was Mined — What Does It Mean for the Crypto Industry?

Bitcoin Block Number 600,000 Was Mined — What Does It Mean for the Crypto Industry?

China plans to clamp down on BTC miners

Previously, U.Today reported that Inner Mongolia, an autonomous region of China, plans to ban all the numerous mining pools located there soon.

Since this region is one of the biggest local crypto mining areas, some believe that China is about to ban mining of all cryptocurrencies ahead of the so-called ‘China Coin’ launch.

Do you think that poor Bitcoin’s privacy features could indeed bring down regulatory control over BTC one day? Feel free to share your view in the comments section!

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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