Localbitcoins supports SegWit addresses

Popular p2p bitcoin buy\sell platform has become the third large platform in recent weeks, which supports SegWit
04 January 2018   242

The popular p2p platform for buying and selling bitcoins Localbitcoins announced the support for SegWit addresses.

Thus, LocalBitcoins has become the third large platform in recent weeks, which supports SegWit. In December, Bitwala and WikiLeaks announced similar steps.

Activated in August 2017, the Segregated Witness protocol due to more rational use of the blockchain space allows to reduce the amount of commissions in the network of bitcoin. Also with its help, the block size was slightly enlarged and the foundation for implementation of various second-level solutions, for example, the Lightning Network, was laid.

Note that December 2017 was for LocalBitcoins record for the volume of concluded deals. The greatest activity occurred in the week from December 16 to December 23, when this figure was almost $ 134 million.

Arizona to Protect Crypto Nodes Legally

According to the public records, proposed protections for cryptocurrency node operators are moving ahead in Arizona's legislature
21 February 2018   43

On February 6 House Bill 2602 was filed by Representative Jeff Weninger (R.-17). It passed the Arizona House of Representatives on February 20 with 55 out of 60 votes. Now it will be sent to the State Senate.

The bill will prevent governments in the state from imposing restrictions on people who run nodes in their residences.

The bill does not specify whether it is restricted to cryptocurrency miners. However, the bill states that individuals using computing power to either validate or encrypt a transaction on a blockchain are protected.

This is just one out several bills making their way through the Arizona legislature. Another bill by Weninger would formally define the terms "coin", "blockchain," and "initial coin offering" within the state's legal framework.

Another bill recently passed by the Arizona Senate which would empower the state government to accept taxes in bitcoin and other cryptocurrencies.