Topic: [ANN][NOTE]DNotes - Celebrating DNotes 3rd Birthday - Forum Now Open - page 14. (Read 814539 times)

Quite convincing, but may be best to remain open minded. I trust that we all have been fooled by the media more than once. I am most interested to learn about potential implications to our industry if this claim turns out to be true.

If this is true - which it potentially is given the Gavin Adresen evidence (unless it is be an elaborate ploy to confuse in conjunction with Nakamoto), it will not come as a surprise to everybody.


Craig Wright revealed as Bitcoin creator Satoshi Nakamoto

"Australian entrepreneur Craig Wright has publicly identified himself as Bitcoin creator Satoshi Nakamoto.
His admission ends years of speculation about who came up with the original ideas underlying the digital cash system.

Mr Wright has provided technical proof to back up his claim using coins known to be owned by Bitcoin's creator.
Prominent members of the Bitcoin community and its core development team have also confirmed Mr Wright's claim."

Read more:

http://www.bbc.com/news/technology-36168863

Coindesk and other media are pointing to doubts about the evidence provided however:

http://www.coindesk.com/doubts-cast-craig-wright-bitcoin-proof/

All pretty irrelevant at the end of the day -- It seems like when you light a fire near a rabbit hole so that the rabbit will move and exit another hole where it can be caught. Interesting - but maybe we should all get back to fixing the worlds money creation problem? Exciting things ahead.

Hmm if Fareed doesn't understand how encryption works then why was he speaking in this debate? 

Pretty interesting "That changes everything when it comes to the overheads of delivering tax, benefits and welfare," he adds, suggesting that blockchains for identity could be used to ensure that a simple change of address cascades to all government departments, not just the one you're talking to. "Blockchain could be one of those legendary technologies – like the internet – that turns into a way of reinventing the world," he observes.

This debate is definitely worth watching:https://tcf.org/content/event/debates-century-nyu-wagner-government-lawful-access-encrypted-message-device/

Fareed Zakaria and Edward Snowden Debate the Limits of Encryption By Kevin Rizzo | April 27, 2016
“Government should have lawful access to any encrypted message or device.” That was the resolution at the center of a debate between CNN’s Fareed Zakaria and Edward Snowden, former NSA contractor and infamous (or famous, depending on your opinions) leaker of classified information.

Source: http://lawstreetmedia.com/blogs/technology-blog/fareed-zakaria-edward-snowden-debate-limits-encryption/

There will be a big payout for those that lead instead of follow.


From red tape to digital disruption: How governments are becoming tech-savvy

http://www.techradar.com/news/world-of-tech/from-red-tape-to-digital-disruption-how-governments-are-becoming-tech-savvy-1318044/2

The real use case value of using the blockchain here is to "fight fraud in HR credentials." If I were the employer I like some assurances that the paper credentials you are showing me are verifiable to be authentic. You still can submit your job application with your resume or CV (curriculum vitae).

This is a significant attitude change for the better. I have always taken the position that digital currency is money as to fiat currency is money. Admittedly, none of the digital currencies at this time meets the full functions well; rendering itself at this time an inferior form of money. DNotes has always recognized this fact and has been working hard to change that. We are on a mission to build DNotes as a trusted digital currency that meets the full functions of money. And it is our ultimate vision that DNotes, one day, be superior in functions to money. Those who understand and appreciate what we are working to accomplish will also understand that this is a massive undertaking but it comes with enormous value once accomplished. Accordingly, DNotes is a long term investment and not the easiest to understand if not followed closely.

New Japanese Banking Legislation Would Equate Digital Currencies to Fiat Currency

The Japanese government has recently moved on a number of legislative proposals that would alter the status of digital currency within the nation – and this time, for the better. The approved bills would grant banking interests the power to recognize cryptocurrency for what it is: an asset with real value. That acknowledgment would pave the way for Japanese financial entities to more effectively pursue FinTech benefits, try out new innovations, and identify new solutions for their customers.

Loved the DC recap this week, the Japanese legislation sounds really interesting.

A blockchain based resume verification system? Sounds cool, but I may not want everyone to know I worked at a gas station and grocery store as a kid, or times when I deviated from my career path.

Digital Currency Weekly Recap 5-1-2016

The New UK Treasury Action Plan to Regulate Exchanges
UK Treasury to Exempt Digital Currency Wallets from AML Rules
EU Vote Means Crypto Exchange AML Policy Closer to Reality
Isle of Man Seeks Rules Tweak to Facilitate Cryptocurrency Gambling
New Japanese Banking Legislation Would Equate Digital Currencies to Fiat Currency

http://dcebrief.com/digital-currency-weekly-recap-5-1-2016/

There have been all kinds of use cases for blockchain. Frankly, a lot of them are on the borderline of being silly. However, using "blockchain technology to the human resources industry to increase transparency and fight fraud in HR credentials" could have merits. I have some interesting ideas alone those line. Like any big bold ideas there are challenges must be addressed successfully.  

Ascribe Forms Alliance with Japan HR Firm Recruit Tech to Test Blockchain for HR

Hans Lombardo
April 27, 2016

German blockchain startup Ascribe and Japan-based human resources tech firm Recruit Technologies have formed a strategic alliance to bring blockchain technology to the human resources industry to increase transparency and fight fraud in HR credentials.

Recruit Tech, a subsidiary of Recruit Holdings Co. – a major information services and human resources company in Japan, will leverage Ascribe’s web service to develop blockchain-backed cryptographic Certificates of Authenticity. To overcome scalability issues with traditional blockchains, Recruit Tech will also be using BigchainDB, a scalable blockchain database developed by the Ascribe team.

The goal of these tests is to examine the possibilities and practical uses of how blockchain technology can be applied to the human resources sector and develop a prototype resume authentication database for job hunters.

Osamu Yonetani, CTO of Recruit Technologies, stated:

“With a resume authentication database, the verification of official certificates and contracts, which have until now been typically done on paper, could be carried out using the blockchain database. As a result, the effort of collecting multiple official certificates would be reduced for those searching for jobs. The companies being applied to could also handle confidential official certificates safely and without worry of misrepresentation.”

The two partners hope the result of these efforts will encourage data-sharing among different institutions and allow for data-mining based fraud detection. Record credentials will be stored on the blockchain and tamper-proof Certificates of Authenticity will be generated via digital signatures. While HR is being used a pilot use case, the intention is for Recruit Tech to leverage this technology across the many different industries Recruit Holdings Co. works with.

HR is one industry where fraud manifests in forged or altered documentation including completely fabricated documents like school credentials or previous employment records. Another common example is foreign documents that are mistranslated, improperly representing the original or completely changing their context.

Bruce Pon, CEO of ascribe, noted:

“This type of fraud is common worldwide. With blockchain technology, an institution can issue a degree to a student in a cryptographically secure, immutable, public fashion. By leveraging this technology, Recruit Technologies will find a way to address a variety of fraud issues, greatly reducing fraud on a large scale and in turn benefiting their customers.”

Source: http://allcoinsnews.com/2016/04/27/ascribe-forms-alliance-with-japan-hr-firm-recruit-tech-to-test-blockchain-for-hr/

I noticed that one as well, cart abandonment is a big issue, and it will be nice when we can develop a solution using digital currency where the user can feel comfortable and secure checking out. Especially if it is standardized.

This caught my attention... "build an API that focused on eliminating shopping cart abandonment by standardizing the online checkout experience" in this article Bitcoin's Messy Push for Innovation is Winning Over Payments Innovators http://www.coindesk.com/bitcoin-messy-innovation-payments-innovators/. Abandonment is a huge issue, you don't have to read the whole article, they are just making a case for crypto forcing new innovation in the field of payment processing, which very cool.

Blockchain Weekly Recap 4-30-2016

EdgeVerve Introduces Developer Suite for Banks
Credits Partners with Skyscape to Bring BaaS to UK Public Sector
UK Government Paying Tramonex to Develop Blockchain Foreign Exchange Platform
Computershare Unveils New Blockchain-based Register Platform
Libertarians Choose Blockchain Election System for NY State Convention

http://dcebrief.com/blockchain-weekly-recap-4-30-2016-2/

Thanks cryptofarmer! I will add it to our pool list.

At least people are able to get their coins out while they are trying to resolve the issue.

"We are interrupting our operations for some time.

We are having issues with our server provider. Servers are constantly crashing and we spent the last two weeks rebooting and fixing wallets. So we'll take some time (a few weeks maybe) to find a new host and redeploy.

In the meantime, you can withdraw your coins. Your withdraws may take up to 24 hours to process but they will all be processed. We havent lost any coin, we just cant run all wallets at once. If you dont withdraw, your coins will still be available when we reopen."

DNotes Now Live
on www.mining-dutch.nl

Diff: 8192       | stratum+tcp://mining-dutch.nl:3339
Vardiff           | stratum+tcp://mining-dutch.nl:3439
Diff: 16382     | stratum+tcp://mining-dutch.nl:3539

Also on the Multiport
Diff: 8192       | stratum+tcp://mining-dutch.nl:6666       
Vardiff           | stratum+tcp://mining-dutch.nl:7777       
Diff: 16382     | stratum+tcp://mining-dutch.nl:8888

Happy mining.

Safecex down for two weeks and one day at this point. No sign of admin. Mood in troll box negative.

I'll continue monitoring.

[Magnificent autumn day here.]

Mark (IndiaMikeZulu), Australia

Deutsche Bank is responding to serious challenges for its survival. But they are certainly not alone. Massive layoffs can be expected across the banking industry.