Parity supports SegWit, SegWit2x and Bitcoin Cash

Parity Bitcoin client now supports SegWit, SegWit2x and Bitcoin Cash
31 August 2017   1773

A full-node implementation of the Bitcoin protocol written in Rust, the Parity Bitcoin client, announces its recent upgrade that includes support for SegWit, SegWit2x and Bitcoin Cash.

Thus, according to the company, Parity Bitcoin does not favour any scaling approach or any chain fork rule over another. However, the company's users have to be able to decide which version of Bitcoin they wish to run. This decision received a great feedback from the community so far.

The way it should be. Thanks parity for allowing your users to decide what they want.

DeezoNutso user

However, as reported, Parity Bitcoin defaults to the Bitcoin chain with the majority of hashrate with SegWit enabled. Users supporting user activated hard-fork can use the --bitcoin-cash flag to synchronize the Bitcoin Cash chain. In addition, the client allows support for SegWit2x by passing the --segwit2x parameter.

Crypto Investor to File Lawsuit Against AT&T

Michael Terpin believes that AT&T helped scammers to still his $24M worth crypto
16 August 2018   120

In the Los Angeles District Court, a 69-page lawsuit was filed by BitAngels founder Michael Terpin against the American telecom giant AT&T. Terpin claims that the operator assisted fraudsters in "stealing digital personal data" from the account on his smartphone, which is why he lost $ 24 million in cryptocurrency, according to an official release.

According to Terpin, for seven months, there were two hacks. Initially, an attacker got access to his phone number without providing a password or correct identification data. Later, the phone number was used to steal crypto.

AT&T’s studied indifference to protecting its customers’ privacy and financial assets is a metastasizing cancer, threatening hundreds of millions of unsuspecting AT&T’s customers. Our client had no idea when he initially signed up, nor when later he was promised the highest level of security for his account, that low-level retail employees with access to AT&T records, or people posing as them, can be bribed by criminals to override every system that AT&T advertises as unassailable.

Pierce O’Donnell
Lead counsel for Terpin in this complaint

Michael Terpin requires AT & T to pay him $ 224 million - $ 200 million for moral damages and $ 24 million for actual theft.