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How does Sensei Coin work?

A new form of Machine to machine economy. We're building the next generation of smart sensors that can speak to each other. Sensei creates a wave channel protocol that determines the usage and distribution management of machines. Through the market economies, we can create self maintained machines. Validated through decentralised nodes that ping and reflect the blockchain, microtransactions are possible to be sent through waves. The distributed ledger is light, scalable and encrypted. We seek to improve how machines sense each other.

We're giving out some tokens to improve our go to market and increase our adoption in the market. We want to expand our growth pool and we would like to concentrate on our product.

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Bitcoin Gold: What to Know About the Blockchain's Next Split

Anyone who owns bitcoin will soon be able to receive a new cryptocurrency.

As of block 491,407 on the bitcoin blockchain, another alternative version of the protocol will be launched, resulting in a variant that's being branded bitcoin gold (BTG).

The project, which seeks to improve bitcoin's technology by changing how its competition for rewards is conducted, is the second to launch since August via an increasingly common process called a "hard fork."

Readers may remember the term from the launch of bitcoin cash, the alternative version of the bitcoin protocol that spurred global headlines for unexpectedly creating billions of dollars in value, seemingly out of thin air.

Looking ahead, many industry observers are expecting the same results this time around, though there may be reasons for enthusiasm to be tempered.

What are experts saying about the fork?

There are differences of opinions within the bitcoin industry as to whether a fork is good or bad.

"These forks are very bad for bitcoin. Saturating the market with different versions of bitcoin is confusing to users, and discredits the claim that there are a limited number of bitcoins — since you can always fork it and double the supply," Sol Lederer, blockchain director at Loomia, said in an emailed statement Tuesday.

But some have said forks are a good part of any cryptocurrency ecosystem.

"If a crypto-community has irreconcilable differences, then you can go your separate ways and that is just fine," Bob Summerwill, chief blockchain developer at Sweetbridge, a company creating blockchain solutions, said in a statement Tuesday.

Still, there is bullishness around bitcoin. A survey carried out by CNBC last week asking where the bitcoin price was headed found that 49 percent of the 23,118 people who voted answered "above $10,000."

Everyone who owns bitcoin will receive bitcoin gold. This is being issued at the rate of 1 bitcoin gold to bitcoin. Since bitcoin gold was issued, its price has plunged over 66 percent, trading at just over $161 per coin, according to Coinmarketcap data.

It appears the sell-off was due to investors dumping the cryptocurrency, perhaps signaling a lack of faith in the newly-created coin.

Bitcoin also fell sharply Wednesday before recovering and other cryptocurrencies like ethereum took a hit too.

Bitcoin gold has faced teething problems in the few hours it has been around. The website for the new cryptocurrency suffered a distributed denial-of-service attack, which is when a server is overloaded with requests.

And many major cryptocurrency exchanges have not begun trading in bitcoin gold yet.

Hasn't a fork happened before?

Yes. In July, bitcoin underwent a similar fork that led to the creation of bitcoin cash.

There was an initial surge in price, and it hit an all-time high of $914.45, but has fallen steadily, according to data from Coinmarketcap.com. On Wednesday, bitcoin cash was trading just above $330.

Bitcoin cash's market capitalization — the total value of the cryptocurrency in circulation — is just over $5.5 billion, compared to more than $93 billion for bitcoin.

Cryptocurrencies, and in particular Bitcoins, have triggered attention in all walks of life very recently. With the support of blockchain technology, which is said to have ‘disruption’ on various sectors, cryptotoken is expected to replace people’s perception on what traditional currency is.
While cryptocurrency becomes increasingly popular, investors, however, are more concerned not only with the potential return, but also the stability of tokens. Gold has been regarded as one of the safe and valuable choices to back any currency, including crypto, even in tough economic times.
Even though several forerunners had started creating gold-related blockchain projects, they mainly focus on linking certain amount of physical gold to support the value of their cryptocurrencies. What they missed out in the gold industry is the ‘gold mines’, the origin of physical gold. The Quantum Gold initiative now aims at creating an infinite growing ecosystem which self derives gold. The team, formed by a group of entrepreneurs and pioneers of blockchain, IT, mining and finance sectors, focuses on the importance of backing a cryptocurrency by integrating the investable value of gold and gold mines.
‘Quantum Gold is the first to deploy the blockchain technology for the gold mines industry.’ The Chief Executive Officer of Quantum Gold, Steve Pang, having held executive posts in different multinational corporations in past two decades, said. ‘ Cost for operating gold mines keeps rising due to more stringent control on safety and environment protection. Quantum Gold provides an alternative and innovative financing approach to the industry which reduces repayment burden to mine owners in early years, and also provides blockchain technology to improve efficiency in mine production and logistic operations.’

Investment decisions are consolidated by the blockchain technology, that investments on specific gold mines will be evaluated and deliberated by Ethereum-empowered decentralized autonomous organization process, which is being developed by the Quantum Gold Foundation.
When Quantum Gold Foundation advocates the strong relationship between cryptocurrency and gold mines, in parallel, a number of gold mines are now appreciating the idea and going to sign memorandum of understanding (MOU) with the team. The first will be a mine located in Chifeng, Inner Mongolia Autonomous Region, which is forecasted to produce over 7,000kg gold in around 18 years. The foundation now targets to sign up with at least 3 gold mines before launching its first public token sales process.
‘We have confidence to bring big impact to gold industry by bridging with new blockchain technology and traditional mining, which is now costly and not environment friendly. At the end of the day, we want people see our not-yet-mined gold underground no different from surfaced one as its financial value is already realized by tokenization. We always then have the choice as to how and when to surface underground gold with the notion of environmental protection in mind.’ Steve said.

A 13-acre slice of a Caribbean island has gone on the market for £5.3million - but whoever buys it will have to pay in Bitcoin.

The tropical hideaway on Union Island in St Vincent and the Grenadines, is one of the latest multi-million pound properties where the owners will only accept the digital currency.

There is currently no house on the land being offered for sale at Bloody Beach Bay - but it does come with plans to build a villa and beach bar.
The land for sale is within a few minutes of a small airport linking Union Island with St Vincent and the other Grenadine islands.

On the neighbouring Canouan Island, more than £150million has been spent by the owners of the famous Sandy Lane resort in Barbados on developing the Pink Sands Club.

They've also added a 6,000 ft runway - the longest in the Grenadines and a multi-million dollar super yacht marina.

The land for sale follows a gold Rolls-Royce listed on Auto Trader last week for £117,995 that could also only be bought with Bitcoin

We all know the famous expression “Ethereum to the moon”. Well this time around, someone decided to do something similar. The clothing company, Pressco, will send the first ever Ethereum sweatshirt to space. It has been a great year for the Ethereum cryptocurrency and its x55 growth will be celebrated.

For this so-called “Space Mission,” there was a need to choose a piece of clothing that conveyed an idea of Ethereum. As Ethereum and other cryptocurrency-based T-Shirts are already everywhere, the sublimated, full-print sweatshirt was chosen—something exciting and unusual.