Donald Trump, California Governor Feud over $3.5 Billion Bullet Train Project – Is the President Right?

California’s bullet train project is the latest thorn that’s nagging U.S. President Donald Trump. In a tweet, Trump claimed that California had canceled the bullet train project after wasting ‘billions of dollars’. He then demanded that the Golden State refund the $ 3.5 billion that the federal government had allocated to the project. The federal funds for the 220 mph train project were awarded nine years ago. California has been forced to cancel the massive bullet train project after having spent and wasted many billions of dollars. They owe the Federal Government three and a half billion dollars. We want that

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News – CCN

Telegram’s Secretive Crypto Project is Now Just a Few ‘Minor Changes’ from Launch

Telegram’s crypto platform is now 20% further along than it was at the end of last year. According to an investor update cited in The Block, it is about 90% completed. The most important part, the Telegram Virtual Machine, is reportedly complete. “Only minor changes will be necessary,” the investor update reads. It’ll process computations in the same way the Ethereum Virtual Machine does. Telegram completed its first pre-sale round about a year ago, followed by a second round in March. Between the two rounds, $ 1.7 billion was raised. This places high expectations on the platform that is intended to

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News – CCN

Japan Megabanks Kill Joint Blockchain Money Transfer Project, Turn to Their Own Cryptocurrencies

Three of Japan’s biggest banks have canceled a joint project of a blockchain-based peer-to-peer money transfer service. The three so-called Japanese ‘megabanks’, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group, said the joint venture was a duplication of their individual efforts. They thus saw no need to continue, according to the Nikkei Asian Review. Per the Japanese publication, the joint initiative would have allowed their customers to send and receive funds using email addresses or mobile phone numbers via virtual accounts linked to their bank accounts. Japanese Megabanks Partner With Fujitsu As previously reported by CCN

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News – CCN

Breaking: Facebook Crypto Project Acquires Blockchain Startup Specializing in Smart Contracts

Facebook’s secretive crypto division has reportedly made its first acquisition, quietly onboarding most of the research team from a blockchain startup that specializes in smart contract development. Facebook Acqui-hires Chainspace Researchers Citing unnamed sources, financial news outlet Cheddar reports that Facebook acquired Chainspace, a blockchain firm founded by University College London researchers. The Chainspace website describes its project as “a planetary scale smart contracts platform” that uses a “distributed web of blockchains for scalability, speed and privacy.” A banner at the top of the website reads: “We’re excited to announce that the team is moving on to something new. Chainspace

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News – CCN

TEMCO is the first project to be powered by Bitcoin, through RSK’s smart contracts. “In the end, the benefits of Bitcoin outweigh the potential of any other network. Bitcoin’s network is the largest, most dominant, and secure network”.

TEMCO is the first project to be powered by Bitcoin, through RSK's smart contracts. "In the end, the benefits of Bitcoin outweigh the potential of any other network. Bitcoin’s network is the largest, most dominant, and secure network". submitted by /u/yurikatt
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Bitcoin – The Currency of the Internet

Bitcoin’s White Paper Is Not a Bible – Stop Worshipping It – Samson Mow attempts to remind us the original post to the cypherpunk mail-list was to seed awareness among a intellectual group of hackers who might help improve an idea, not to provide a project scope or precise roadmap

https://www.coindesk.com/bitcoins-white-paper-is-not-a-bible-stop-worshipping-it/

Many people acknowledge October 31 2008 as the “birth” of Bitcoin by way of the white paper. These individuals are not recognizing the birth of the first block itself, but simply the birth of the idea being made by way of a public announcement to gain critical opinion and possibly further developmental support. A few clever people took his bait.

Mow writes a good summary as to why Satoshi's idea as described on 9 pages is not a technical scope document of a major software project and this difference is helpful by providing clarity and understanding.

The actual source code for the pre-release version came out November 16 2008, and version 0.1.0 on January 9th, 2009, after the Genisis Block was created. Satoshi himself stated his code began development at least 1.5 years prior.

submitted by /u/kaells
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Bitcoin – The Currency of the Internet

PR: Energy Efficient Crypto Robotina and Dubai as a Smart City Project (news.bitcoin.com)

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.
by Faith Obafemi
The analog life is no longer appealing. We all now wish for the smart, digital life to make everything easier, less expensive to manage and convenient. In a time…

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