Uncensorable Voting Platform built by 14-Year-Old

A fourteen-year-old developer Alex Pasfield founded ‘Bitcoin Voice' platform that allows uncensorable voting  within the bitcoin cash network
10 April 2018   593

Alex Pasfield, who is also known as ‘Plain Crypto’, started a platform that lets the BCH and BTC community vote on significant subjects by ‘putting their money where their mouth is’ — in a literal meaning. Bitcoin Voice is an app that reveals public messages attached to blockchain transactions that are sourced from live data. The website declares that it “may be utilized as a verifiable voting record of blockchain users weighted by their transaction amounts.”

Pasfield claims that he coded his first programme at the age of nine. It was his dad who had sparked his interest in cryptocurrencies and bitcoin. Alex remembers riding a bicycle with his father who started to explain to him how programming languages work, and he understood the process.

My dad had been teaching me programming at the time and then gave me insight into uncensorable, distributed, peer-to-peer, permissionless, global money systems — And given he and I have somewhat of a libertarian streak, this resonated with me immediately... I was working with some of my smart friends who were building solutions in this space, and we saw the debacle that unfolded with the censorship on the /r/bitcoin subreddit that prevented the community from freely discussing how to evolve the Bitcoin protocol.

Alex Pasfield, a 14-year-old developer.
 

The Bitcoin Voice programmer underlines that there is only one client where you can vote using public label values, which is the Bitcoin Unlimited Cash reference client. Pasfield supposes what is really needed is wallet developers incorporating the public label voting system into their wallets.

Alex has been exploring different scaling problems and aims to propose decisions to figure out how scaling can best be solved for the different coins out there. The young developer also claims that the reason he created the Bitcoin Voice platform is because “coin holders don’t have any official, verifiable voice to influence the coin that they’re invested in.”

HashFlare Users to Face Withdrawal Issues

Looks like Bitcoin cloud mining is not super profitable
18 July 2018   92

Users of HashFlare mining pool can't withdraw their funds, while their contracts are threatened with a temporary ban. Even lower restrictions on withdrawal of funds in the amount of 0.03 BTC caused problems for users, but the service raised the threshold to 0.05 BTC and 0.1 ETH . This is reported by Cryptovest.

In addition, financial pyramids are often promoted under the guise of mining contracts for cloud mining. For last few months, there was a big jump in mining difficulty of many cryptocurrencies, so, old contacts had become unprofitable.

As reported, the reason for the locked funds dates back further - at the beginning of June, so much hashing power was flowing into the Bitcoin network that contracts saw all the mined coins go toward their maintenance fee.

Currently, more and more users who have purchased contracts at earlier stages are facing the fact that they can not withdraw their funds. One of them managed to return the money spent through the bank card operator after filing a corresponding complaint.

To anybody that purchased a Hashflare cloud mining contract with a credit card, it might be possible to get a refund with that credit card as one of my followers tipped me. He bought his contracts at the end of 2017.
 

bccponzi at Twitter

The hash rate of bitcoin increased from 13 EHash / s at the beginning of the year to more than 40 EHash / s in recent months. The difficulty of mining in the present conditions depends on the circumstances of the specific miner. The cost of bitcoin mining for some of them is $ 4,400, while others spend about $ 5,800. However, in 2018, cloudy mining is called an even more dubious occupation than before, especially when it comes to mining bitcoin.