Name Service Developed for Bitcoin Cash (BCH) Addresses
Recently, the Portal Network, a company focused on making the blockchain space more user-friendly, has announced a new service to simplify wallet addresses for Bitcoin Cash (BCH). The service, called the Bitcoin Cash Name Service (BCNS), will allow users to turn their wallet address into an easy-to-read name, instead of the long alphanumeric code that most cryptocurrency wallets use. According to a report from Jamie Redman of Bitcoin.com, the BCNS will utilize smart contracts with a version of Omni Layer that’s also tethered to an IPFS hash and BCH wallet address, because smart contracts are not a feature of the BCH blockchain. The Portal Network developers stated:
“As for BCNS’s use case, developers can write different information to the UTXO-based blockchain at JSON-RPC interface, and get related information stored in the Bitcoin Cash script. Omni Layer plays a crucial role for BCNS because the Op-Return script is where all the BCNS information is stored.”
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Mining Giant Bitmain Acquires Bitcoin Cash Wallet Startup
Last Monday, crypto mining company Bitmain announced that it has acquired the startup behind an open-source Bitcoin cash wallet called Telescope. The browser-wallet was launched earlier this year in an effort to enable instant Bitcoin cash transactions. At present, Telescope can operate on Google Chrome or Mozilla Firefox, according to a press release, though the team plans to expand to other platforms following the acquisition. Nishant Sharma, head of international press relations and communications at Bitmain, said that Telescope brings a "simple but key innovation" to the Bitcoin cash ecosystem. He added:
"Browser-embedded cryptocurrency wallets are a promising technology. The Telescope development team is doing some very interesting work and we look forward to working together with them on the Telescope project and future bitcoin cash projects."
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Chrome Extensions Will Soon Protect Against Miners and Hackers
Recently, Google has announced a number of upcoming changes concerning the development of new extensions for Chrome. Users of the web browser will soon benefit from improved security and better protection against malware including hidden miners and tools used to steal cryptocurrency. According to a blog post, users will have the option to restrict the access of different extensions to a custom list of sites. In addition, they will be able to configure extensions to ask for confirmation when they attempt to gain access to a certain page. Host permissions allow extensions to automatically read and change data on websites, which has led to malicious misuse in many cases, the company stated:
"Our aim is to improve user transparency and control over when extensions are able to access site data. In subsequent milestones, we’ll continue to optimize the user experience toward this goal while improving usability."
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MJAC Conference
Dear users, it’s with great pleasure that we invite you to attend the MJAC blockchain conference.
Hosting the biggest and brightest blockchain leaders, the MJAC conference will be the perfect place to learn, network and discuss the future of the crypto industry.
The event counts with a long list of sponsors and media partners. You can count on a great variety of exhibitions booths and many prominent speakers. The list of speakers includes the founder of Atlas Neue and former CCO of Ethereum Stephan Tual, Circle’s European Legal & Business Director Claire Wells, Global CMO and EMEA Managing Director at Circle Marieke Flament, Ripple’s Head of European Regulatory Relations Dan Morgan, founder of Atlas Neue Cassius Kiani, Head of ICO Advisory at NKB Group Marina Titova, CEO and Co-founder of Coinfloor Ltd Obi Nwosu, and European Marketing Lead at Coinbase Joseph-Daniel Millwood, among many others.
The event will take place November 30th on Old Billingsgate, a historical event venue located in the heart of London.
Get your tickets here (use the CC30 discount code to get 30% off)
