Bitcoin God hardfork implemented

Another hardfork of Bitcoin launched with 2 days delay
27 December 2017   2049

Bitcoin God successfully "forked" from the original Bitcoin at block 501 225.

It is worth noting that initially Bitcoin God was planned to be "born" on 25th 2017. According to official website, Bitcoin God is a borderless non- profit peer-to-peer organization.

Bitcoin God is a completely self monitored decentralized community. The community will decide on the quantity and receivers of its tokens. The tokens mined each day will be used for charitable purposes, out of which, 17 million will be airdropped to the current holders of Bitcoins (close to the outstanding amount of BTC). The remaining 4 million will be airdropped for charitable donation. The process will be via users sharing their wallet address to our social network, and the community will vote to decide on the ratio and amount of airdrops. Bitcoin God will become the first charity platform built on a blockchain. Our goal is to fill the world with love and make the world a better place!
 

Bitcoin God Team

Developers state next advantages:

  • Smart contract
    • With smart contract technology, developers can issue assets and build applications on the blockchain, which makes GOD a token of value and utility
  • Large block size
    • Implemented to solve the notorious network congestion problem and to increase practical value, the Bitcoin God network will be the most efficient and smooth digital currency network
  • POS mining
    • POS makes professional mining machine unnecessary for users and reduces the power consumption. POS is more of true decentralization than POW mining
  • Lightning Network
    • Real-time and mass trading networks can be realized without trust issues of third parties
  • Zero- knowledge proof
    • Implemented to provide confidentiality of payment,while enabling the public blockchain to maintain a decentralized network

At official website there is a big list of exchages that "have expressed their support".

But we were able to find a proof only from HitBTC and YoBit. 

Our exchange is going to support both Bitcoin forks, [Bitcoin God and another Segwit2x] should they happen. We will be updating this post with further information on how we are going to proceed in each case, kindly check back on the news.
 

HitBTC Team

Yobit reported on Bitcoin God (ticker - GOD) balances charge. 

The road map of the project says that the main network will be launched roughly in the first quarter of 2018. The implementation of smart contracts and Zero-knowledge proof protocols is scheduled for the II and III quarters, respectively.

First real-life cryptocurrency robbery reported in Taiwan

Four men stole 5 million Taiwanese dollar worth of Bitcoin, the police has already arrested the suspects
22 February 2018   55

Bitcoin has attracted lots of unwanted attention from hackers and scammers alike. Recently not a week passes without news of an exchange or user being hacked or some company's computers being hijacked to mine cryptocurrency. And now Taiwanese news outlets report first real-life robbery of Bitcoin in their country.

The robbery took place in Taichung, Taiwan's central city. The police reports three men being involved in the robbery itself and one as a planner. Criminals persuaded the victim to meet with them face-to-face under the guise of being interested in buying Bitcoin from him. After the victim showed the robbers the proof of his bitcoins on his phone, the men attacked him and his friend and transferred 18 bitcoins worth 5 million Taiwanese dollar via the phone wallet.

The suspects then forced the unfortunate seller to drink strong local liquor to make everything look like a drunken fight had taken place. The police arrived at the scene after receiving the reports of a fight and found two victims. Two of the offenders had fled, but the third has been arrested at the scene of the crime. He later provided investigation with information about his accomplices. They were arrested soon after.

The police later apprehended the man believed to be the mastermind behind the plan. All this was released in the yesterday's report by the Taiwanese law enforcement and the case is already viewed as “the first domestic case of bitcoin robbery”. The report doesn't mention if the crypto was returned to the rightful owner.

Similar cases has been rumored to happen in the US, but no records are released as of yet. So the unofficial governmental advice is to be more cautious of the buyers requesting face to face meetings in the light of this event.