Casa, an important Bitcoin (BTC) startup, has recently started a new initiative to encourage its users to check the status of their BTC nodes more regularly. The Node Heartbreaks program can be used to see if a node is working properly and, according to the company, it does this in a quick, secure and private way.
The program works like this: Casa sends a brief connection from its main servers to the node and checks whether it is online or not. If it is, the connection will be complete and the so-called heartbeat will be sent back. This new service will only work with Casa nodes, obviously.
The Heartbeat SatsBack Reward program is being launched today as well. The program will work together with Node Heartbreaks. Each time the users check their nodes, they will receive 0.0001 BTC, which is around a dollar. They will be able to do it five times a week.
According to the company, no IP data or router details are collected, so people will be able to remain private even by checking the network.
As long as the nodes are operational, people will still be able to keep receiving the rewards. According to the CEO of Casa, Jeremy Welch, this is important in order to create a more healthy network.
The nodes are needed to validate the network, so they need to be working properly. With constant validation, any problem will be found quickly and the efficiency of the whole process will increase over time.
Author: Gabriel Machado
The crypto market is prone to manipulation. If you don’t believe it, you can just check the many examples that can be easily found. The latest one was a coordinated sell-off of Ripple’s XRP tokens on the Beaxy Exchange.
This new crypto exchange platform was just launched, but it had to suspend its activities for being targeted by manipulators. According to the reports, soon after the launch, the exchange suffering a massive XRP dump with a lot of people selling the asset at the same time.
In order to deal with this obvious market manipulation situation, Beaxy had no choice but to shut down the platform for a few days. It has been a rough start for the exchange, which was launched back in June. So far, technical issues, manipulation and the lack of infrastructure are getting in the way of the company.
Action was taken very quickly, as the abnormal volumes were pretty easy to spot. The prices tanked pretty fast and now all token wallets are frozen, so the manipulators are unable to pull their funds away from the exchange, which prevented more issues from happening.
Fortunately, the exchange will be able to identify the manipulators soon. The company had a Know Your Customer (KYC) system ready since its launch, so the people who caused the crash can be found. However, the exchange did not determine whether it will take action against the scammers or not.
Ripple, the responsible for XRP tokens, has not commented on the situation at the moment.
Author: Bitcoin Exchange Guide News Team