Canaan Creative, the world's second largest maker of Bitcoin mining software (BTC), has launched what it claims is the "first" BTC mining television, according to the South China Morning Post (SCMP) on August 2. .

Dubbed "AvalonMiner Inside," the device has a processing power of 2.8 billion hashes per second and is reportedly powered by artificial intelligence (AI), in addition to being able to receive voice commands. In contrast, the most powerful mining platform in Canaan can process 11 trillion hashes per second, says SCMP.

The device also calculates Bitcoin's fluctuating rate of mining profitability in real time, writes SCMP, and allows users to purchase entertainment content or other products on the Canaan platform using the crypto they have mined.

While the new device is reportedly the first in a series of household appliances related to blockchain that the company plans to launch, some viewers of the cryptosphere have expressed skepticism about the new product.

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The Ministry of Information Technologies and Communications (MINTIC) of Colombia in conjunction with ViveLab Bogotá, the National Land Agency and the National University of Colombia

In the respective Twitter accounts of the different institutions involved in the project, it is shown with a live video, a prototype of the block chain technology can be used in the future in the New Granada country. According to the speakers themselves, they decided to use the Ethereum blockchain for its ductility, compared to others such as Hyperledger Fabric.

The project consists of a pilot program that helps the National Land Agency to reduce the time in the land restitution process. The demonstration, also sponsored by the National University of Colombia, served as a small contribution to provide knowledge about this technology and the benefits of the application in cases like these.

In the test, the records of the owner and the officials who took part in this process, and the full time, all the fields, the computer's camera, the real time, the real record for the profile and the profile. Everything registered was un-modifiable, a way to increase the transparency and security of the process while the photos help to minimize identity theft.

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The three largest telecommunications companies in Hong Kong; China Unicom, China Telecom and China Mobile plan to join together to use blockchain technology to improve operations and security in the industry, according to the Asia Times.

In a statement, the Academy of Information and Communications Technology (CAICT), a research department under the jurisdiction of the Ministry of Industry, Information and Technology, said that the 3 companies would have joined the Trusted Blockchain Iniaitive (G2).

Chinese telecommunication companies are considered the driving force behind the most important mobile telephony market in the world, and their medium and long-term plan will focus on the development and implementation of blockchain-based applications related to data sharing, the Internet of Things ( IoT) and identity verification. The idea is aimed at reducing operating costs and increasing the efficiency of the respective organizations.

According to the report, Huawei Technologies, the world's largest telecommunications equipment provider, would be in charge of the coalition formed by the companies.

Every day there are more companies that are joining the world of block chain, the growth of the world of cryptocurrencies has no ceiling, that is why we recommend you consider Brazio Coin, a project that will give much to talk about in the future.

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After banning cryptocurrency mining extensions from Chrome Store earlier this year, Google now banned Play Store applications that perform similar activities.

In a new update of its developer policies, the technology giant has indicated that the applications that are used to extract cryptocurrencies will be banned from now on.

However, the technology company based in Mountain View, California made an exception regarding the applications that are used in the remote management of the mining cryptocurrency, as they will be allowed. "We do not allow applications that extract cryptocurrencies on devices. We allow applications that manage remotely the extraction of cryptocurrencies, "reads the updated guidelines.

The ban comes as a result of growing cases of crypto-devices that are increasingly considered more lucrative than ransomware by malicious actors. In April of this year, for example, the world's cybersecurity company Kaspersky revealed that the cryptocurrency mining applications containing the Coinhive miner are offered on the Google Play Store disguised as harmless entertainment applications.

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Samsung Electronics, a giant of the Smartphone manufacturing industry, recently commented through its official blog that cryptocurrency wallets based on mobile phones are the safest option for the short and medium term storage of cryptocurrencies.

The post explains that smartphone-based cryptocurrency wallets are a very safe place to store digital money, at least the equivalent of the amount we could store in our physical wallet. To save long-term cryptocurrencies, Samsung recommends creating multiple backups of the private key associated with the wallets.

The Smartphones producer commented that private keys should be stored offline to maximize their security, which means that they should not reside on a mobile phone or any device that connects to the internet regularly.

The blog post comments that mobile phone cryptocurrency wallets are the best place to store "spendable" money due to the phone feature called Trusted Execution Environment (TEE).

The TEE runs its own execution independently, which means that the RAM and storage of the phone are separated from the main operating system of smartphones.

Because of this, the Android operating system can not directly access the TEE, even if the operating system is hacked. In this sense, you can only access the TEE through an application programming interface (API).

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A study developed by Bank of Canada staff determined that Bitcoin is sufficiently protected against 51% attacks or double spending. The 19-page document highlights that the Work Test (PoW) and the incentives of the network are considered as its main strengths.

The report, called as "[Suspicious link removed]patibility incentive", which has been written by Jonathan Chiu and Thorsten Koeppl, highlights the benefits offered by the protocol that uses Bitcoin, whose objective is to choose who mines the next block in a random and safe way through the Work Test that protects the network. The study suggests that the current system is even better than other proposed systems.

On the work of the miners and the processing capacity of the equipment used in mining, the report explains the following:

The bank also takes a tour of the confirmation of transactions as an additional step that makes it difficult for anyone to alter the history of receiving and sending cryptocurrencies, or trying to complete a double expense.

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In November 2013, the price of Bitcoin has exceeded for the first time the price of gold.
Soon enough will be Brazio's turn!

A transfer of funds between two digital wallets is called a transaction. That transaction gets submitted to a public ledger and awaits confirmation. Wallets use an encrypted electronic signature when a transaction is made.

Cryptocurrency mining power is rated on a scale of hashes per seconds. A rig with a computing power of 1kH/s is mining at a rate of 1,000 hashes a second, 1MH/s is a million hashes per second and a GH/s is one billion hashes per second.

You don‘t have to ask anybody to use cryptocurrency. It‘s just a software that everybody can download for free. After you installed it, you can receive and send cryptocurrency. No one can prevent you. There is no gatekeeper.

Cryptocurrency funds are locked in a public key cryptography system. Only the owner of the private key can send cryptocurrency. Strong cryptography and the magic of big numbers makes it impossible to break this scheme.

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Mining guide - https://braz.io/BrazioMiningGuide.pdf
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There's more to like about blockchain technology than just its decentralization. Because miners are working 24 hours a day and seven days a week to verify transactions, they can be settled much quicker than through traditional banking, which sticks to normal businesses hours, closes for the weekends, and often holds funds for a few days. Plus, without a middleman, transaction costs can actually go down with blockchain.

Part of why the blockchain is such an interesting idea is the fact that it is decentralized. This means that there is no point of failure for where information is stored, and no data center where criminals can attack and gain control of the network.

Did you know?
The combined value of all cryptocurrencies in existence right now is about 324.6 billion dollars!
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More info - https://bitcointalk.org/index.php?topic=3741009.0

The recording of cryptocurrency transactions and making sure each is accounted for is sustained by cryptocurrency miners who solve complex equations with computers. They are rewarded with tokens for logging each transactions which makes the space competitive.
How to mine Brazio - https://braz.io/BrazioMiningGuide.pdf

Cryptocurrencies are virtual or digital currencies that have no centralized regulating authority. It means that money is created and transferred without the intermediation of banks. Cryptography is used a means of ensuring transaction security.
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First Exchange 25th July!

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Hey!
Here's a sneak peak at the mobile Wallet:

https://i.imgur.com/rfGG3C7.png


Do not miss the beta launch this August!