Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Latest News

CoinGeek Sponsored Satoshi Vision Miners Choice Meeting in Bangkok, Aug 30th

Published

on

CoinGeek Sponsored Satoshi Vision Miners Choice Meeting in Bangkok, Aug 30thReading Time: 3 minutes

LONDON, August 22, 2018 — 128MB is not the end for Bitcoin BCH – CoinGeek supports “miners’ choice” for block size growth

Last week, leading blockchain research and development outfit nChain introduced Bitcoin SV, a full node implementation for Bitcoin Cash (BCH).

The node, created per a special request by CoinGeek and other Bitcoin BCH miners, is designed to fulfill the original vision of Satoshi Nakamoto. Bitcoin SV seeks to restore the original Bitcoin protocol and then avoid unnecessary changes that do not enhance the network.

The announcement, as one can expect, led to a debate on how to address the maximum block size pre-coded in a BCH full node implementation, which is essentially the maximum block size that a Bitcoin BCH miner will accept from another miner.

BCH miners can already configure block size

Bitcoin SV’s initial plan was to raise the default maximum block size to 128MB-the block size increase that CoinGeek supports for the November 2018 BCH protocol upgrade. But the 128MB is just a step forward; it’s not the end destination for Bitcoin BCH. CoinGeek is firm on its stance that all artificially imposed limits in the BCH protocol should be removed, and that parameters such as block size should be determined by miners in a competitive spirit.

In fact, in the Bitcoin ABC implementation, miners already can (if they choose to) increase the maximum accepted block size-but the obscure debug setting is poorly documented and difficult to find for miners. CoinGeek supports Bitcoin SV’s plan to move that setting to a more prominent location and document its operation and implications thoroughly whilst also adding other tools to enable miners’ choice for block size growth; CoinGeek thus encourages miners to use Bitcoin SV.

CoinGeek founder Calvin Ayre is firm on restoring the Bitcoin protocol to its original design and then lock it so businesses and developers can reliably build on top of the “battle-tested” protocol. In a statement, Ayre said:

“We need to stop relying upon developer-determined default block caps. The block size is miner-configurable, allowing individual miners to set what maximum block size they wish to accept from another miner. This approach is similar to Bitcoin Unlimited’s ’emergent consensus’ mechanism for block size, and therefore has precedent. This ‘miner’s choice’ approach has two benefits: (1) it takes the block size question out of the hands of BCH developer groups, and avoids unnecessary future disagreements between developers over maximum block size; and (2) it puts the block size question in the hands of miners-key users of the BCH network-so they can direct the scaling roadmap, as driven by network usage growth and their own economic incentives.

From our communications with others, there are more miners who support this approach. We invite all BCH miners to join us in choosing block size for themselves, and let miners drive the BCH road map together. We also invite all Bitcoin miners to come to the W Hotel in Bangkok Aug 30th to hear CoinGeek present our arguments for this in person. Anyone who does not agree with Satoshi Vision is welcome to fork off to their own new path. Any forks from the Satoshi Vision path will not be Bitcoin and will have to come up with some other name for their fork. Any Satoshi Vision Miners not already invited to this event should contact us here at CoinGeek for details.”

As always, we at CoinGeek are open to discourse. In November, the CoinGeek Week conference, taking place in London on Nov. 28-30, will gather BCH Miners, App Developers, Merchants and other industry movers together to discuss the most pressing issues, opportunities, and risks facing the Bitcoin Cash ecosystem. If you are interested in taking part in that discourse, you are absolutely welcome to join the community.

Looking to help the growth of merchant adoption of Bitcoin Cash? Join the bComm Association, an industry group that intends to be the focal point for miners, merchants, exchanges, developers and members of the BCH community.


Source: Latest News on European Gaming Media Network

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Latest News

Aristocrat Leisure Completes Acquisition of Neo Group Ltd. (f/k/a NeoGames) for $29.50 per Share

Published

on

Reading Time: < 1 minute

Neo Group Ltd. (formerly known as NeoGames S.A.), announced today that Aristocrat Leisure Limited, an entertainment and content creation company delivering world-leading mobile and casino games, has completed the previously announced acquisition of all of the outstanding ordinary shares of Neo for $29.50 per share in an all-cash transaction, representing an enterprise value of approximately $1.2 billion for Neo.

“We are excited to have successfully closed this transaction and joined forces with the Aristocrat team to further drive our success across iLottery, iGaming, and online sports betting,” said Moti Malul, Chief Executive Officer of Neo. “We firmly believe that this Transaction represents a great outcome for all of Neo’s shareholders, customers and employees. We are very grateful to all our stakeholders who have supported us since our inception. I would also like to thank all our employees for their commitment in making Neo the great company it is today.”

The transaction was announced on May 15, 2023.

The post Aristocrat Leisure Completes Acquisition of Neo Group Ltd. (f/k/a NeoGames) for $29.50 per Share appeared first on European Gaming Industry News.

Continue Reading

Latest News

Wazdan pounces for bigger wins in new sequel Mighty Wild™: Panther Grand Gold Edition

Published

on

Reading Time: < 1 minute

Wazdan, the gain-focused developer behind some of the world’s most rewarding casino game experiences, is multiplying jackpots in the follow-up to its top-performing game Mighty Wild™: Panther Grand Gold Edition.

Venturing to the depths of the jungle where a black panther rules the reels on a 5×3 gameboard, the new edition provides even larger win potential. With the increased value of the Cash symbols and Cash Infinity™ symbols, there is also a more lucrative Grand Jackpot of 1500x the base bet.

Players can trigger either the Hold the Jackpot™ or Wild Rampage™ bonus rounds after landing at least six bonus symbols. Furthermore, Chance Level™ has been amplified to improve players’ chances of hitting the bonus round.

Bolstering the ferocious Wild Rampage™ bonus game, Mystery Symbols transformed into jackpots are multiplied by a value between 1x to 10x, providing the opportunity for even bigger rewards.

Wazdan’s Online gaining™ philosophy empowers players to tailor gameplay to their preferred style through customisable features like Volatility Levels™, Buy Feature, and Ultra Fast Mode which has delivered proven results for its partners.

Andrzej Hyla, Chief Commercial Officer at Wazdan, said: “Mighty Wild™: Panther Grand Gold Edition features an exciting new lair through the inclusion of transforming mystery symbols, adding multiplier prizes to jackpots.

“Enhancing the gameplay of a pre-established hit allowed us to expand upon the engagement and entertainment on offer and we anticipate a great reception to this release.”

The post Wazdan pounces for bigger wins in new sequel Mighty Wild™: Panther Grand Gold Edition appeared first on European Gaming Industry News.

Continue Reading

Latest News

PRAGMATIC PLAY DELIVERS BRAND NEW DEDICATED LIVE STUDIO FOR BETSSON

Published

on

Reading Time: < 1 minute

 

Pragmatic Play, a leading content supplier to the iGaming industry, has expanded its partnership with Betsson Group to deliver an exclusive dedicated Live Casino studio featuring a mix of premium Blackjack and Roulette tables.

Incorporating all the fan-favourite features of Pragmatic Play’s Live Casino games, including multiplayer mode, chat functionality, and bet behind, the nine custom-built tables have been uniquely crafted to immerse players in the Betsson Group brands.

In total, eight new dedicated Blackjack tables and one new Roulette table will be broadcast from the custom-built live studio, every detail of which has been designed to Betsson’s precise requirements.

It is the latest dedicated studio to be delivered by Pragmatic Play, whose operator partners can also use Smart Studio to customise elements of the Live Casino titles to produce bespoke environments that showcase their brands.

Irina Cornides, Chief Operating Officer at Pragmatic Play, said: “Delivering a dedicated studio for Betsson marks another milestone for Pragmatic Play’s award-winning Live Casino offering. Betsson is a much-valued partner, and we are delighted to provide them with an immersive live environment that is fully dedicated to their brand.”

Chellyanne Cassar, Live Casino Manager at Betsson Group, added: “We are delighted to collaborate with Pragmatic Play to ensure delivery of a bespoke dedicated studio, where we can showcase our brand-new Blackjack and Roulette tables.

“The partnership highlights our shared commitment to delivering unparalleled gaming experiences, and we’re thrilled with the final results of the studio.”

The post PRAGMATIC PLAY DELIVERS BRAND NEW DEDICATED LIVE STUDIO FOR BETSSON appeared first on European Gaming Industry News.

Continue Reading

Trending

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.