Crypto World Welcomes BTSE Crypto Exchange, Multi-Currency Offering Platform

The crypto world gears up to welcome its newest digital exchange, the BTSE crypto exchange, a multi-currency offering platform. This platform is primarily designed to look after OTC trading and crypto markets. The platform is unique as it offers multiple currencies through one book. Also, entities like the Euro, Yen and U.S. dollar all share the same liquidity pool.

Jack Li co-founder said that although there’s some consolidation amongst the exchanges, the crypto industry is still largely localized and fragmented. Thus BTSE intends to offer a multi-currency platform in order to address some of these issues by aggregation of liquidity.

After registering with the BTSE crypto exchange, a user is allowed to select their base currency from a list of 18 currencies. Users are then allowed to trade in their base currency for crypto or transfer any currency to the platform, while all liquidity is sourced from the same USD order book.

Li stated that other exchanges offering multiple books often struggle with liquidity in their secondary books and this innovation intends to resolve that issue. BTSE is in the process of applying for a Virtual Financial Assets Act (VFAA) class 4 crypto exchange license from the Republic of Malta. The exchange has already received the primary approval to operate within their sandbox environment, as mentioned in the Bitcoin Magazine.

The VFAA class 4 license that the BTSE crypto exchange has applied for was originally issued by the Malta Financial Services Authority (MFSA). It issued a consultation document on VFAs regulations to be issued under the Virtual Financial Services Act. This legal notice describes the license classes and divides them into four types of Virtual Financial Assets Act Class (VFAA), as stated in the WH Partners report. The legal notice provides additional information pertaining to exemptions from licensing and advertising requirements, fees applicable for license applications, annual supervision and whitepaper reviews by the MFSA, administrative penalties and appeals and control of assets.

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600 Microseconds - How CVE-2018-17144 was discovered

https://medium.com/@awemany/600-microseconds-b70f87b0b2a6

submitted by /u/awemany
[link] [comments]

source https://www.reddit.com/r/btc/comments/9huu11/600_microseconds_how_cve201817144_was_discovered/

I just want to say how happy it makes me that people on both sides are doing responsible disclosure of critical vulnerabilities. This works out better for EVERYONE.

Both sides of the camp very vehemently disagree with each other and say incredibly unkind things to each other and treat each other very poorly, but I can't even express how happy it makes me that at the end of the day people realize that it is in everyone's best interest to look out for one another. Cory Fields pointed out in his write up that no matter what he thinks about bitcoin cash it is in his and the project he has an affinity for's best interest to responsibly disclose bugs to them because in the future it may turn out to be the case that someone on the other side will have information about a critical vulnerability that he would like to have responsibly disclosed as well. Fast forward to today and here we are. A critical vulnerability was found in bitcoin core and it was indeed responsibly disclosed to them and not kept hidden or sold or exploited.

I don't think I can even express how important this is for both bitcoin cash and bitcoin core. I really hope this continues into the future or we are going to be headed in the direction of an inevitable disaster.

Thank you so much to both cory fields and awemany for setting such a precident on both sides. I hope this continues to be the case into the future.

submitted by /u/_risho_
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source https://www.reddit.com/r/btc/comments/9hvpp2/i_just_want_to_say_how_happy_it_makes_me_that/

Just finished converting my 21 BTC to almost 300 BCH! Left the 1 in a million club for the 1 in 100-grand club!

I'm no troll, just seriously, thank you Roger Ver! He alone is 100% has/is making be believe we can move this thing forward and leave the Core turds with their 7th grade science fair project behind.

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BCH really is Bitcoin, I never thought I'd touch those 21 BTC but I don't see a bright future for that shit show of a blockchain.

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submitted by /u/juicyeggroll
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source https://www.reddit.com/r/btc/comments/9hvm63/just_finished_converting_my_21_btc_to_almost_300/

Anyone else notice the subtext of patching the HUGE vulnerability - only mining nodes matter to consensus!

I haven't had time to research this fully, but it appears that Core disclosed the inflation bug after the majority of mining nodes were patched. At the time of writing this, https://coin.dance/nodes (screenshotted) reports that 75% of nodes are NOT patched. Think of all of those non-mining full nodes out there with a massive show-stopper bug, and they don't worry about this?

It's a tacit admission that non-mining nodes don't determine block validity or consensus. They just follow along with the miners' decisions.

<donning flamesuit>

submitted by /u/horsebadlydrawn
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source https://www.reddit.com/r/btc/comments/9htmza/anyone_else_notice_the_subtext_of_patching_the/

The Bitcoin Social Contract, 21 Million Coins, and the Future of Peer to Peer Cash

submitted by /u/jonald_fyookball
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source https://www.reddit.com/r/btc/comments/9hwm3f/the_bitcoin_social_contract_21_million_coins_and/

The Best Devs

submitted by /u/MemoryDealers [link] [comments]

source https://www.reddit.com/r/btc/comments/9hvlf5/the_best_devs/