The IPv6 Killer App and All About Scaling
Bitcoin blockchain integrated with IPv6 at TCP/IP to support on-chain automated micropayment, payment streaming and payment channels is the killer app for IPv6. Micropayments are becoming all the rage in online gambling these days.
The newest version of the Internet Protocol IPv6 is just like the original Bitcoin—now in the form of the BSV blockchain—in that it’s all about scaling and delivering on the promise of true P2P transactions, Bitcoin creator Dr. Craig Wright tells the GBC22 audience in Dubai.
Dr. Craig Wright's direct goal has been delivering IP-to-IP micropayment over the Internet embedded at the TCP/IP level.
Below he discusses his vision.
Crypto Crime Hits New Highs in 2023
A team at Chainplay notes that crypto investors worldwide have had over $30 billion stolen over the last decade. In 2022, there were 436 separate crypto crime incidents, more than four times the number reported in 2021 (94). Meanwhile, the amounts stolen during these crimes continues to rise, increasing by 46 percent between 2021 and 2022. - StudyFinds
Paxful Collapses
Another one bites the dust, this time the popular peer-to-peer exchange with 1.5 million Nigerian users Paxful.
It announced the suspension of operations and would not commit to resuming them.
"This will probably come as a big shock to many," said CEO Ray Youssef. "While I cannot share the full story now, I can say that we unfortunately have had some key staff departures."
Youssef made it a point to tweet out that he won’t withdraw his Bitcoin until all users on Paxful do.
We'll believe it when we see it. Whether all customers are able to retrieve their crypto remains to be seen.
Paxful suspended the trading of ether on the marketplace.
- Aaron Goldstein, Gambling911.com
