The world’s most popular Youtuber joins blockchain streaming platform DLive!

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The worlds most popular Youtuber, PewDiePie, has more than 93 million subscribers worldwide. He just recently joined a blockchain live streaming platform DLive. He is one of the biggest earners on Youtube with a $15 million profit in 2018.

An exclusive live streaming deal

PewDiePie, real name Felix Kjellberg, signed an exclusive live streaming deal with DLive. Starting from April 14, he will start streaming weekly on DLive. Additionally, on his first live stream, he will be donating $50,000 to a maximum of 100 creators. He wants to support content producers on the platform.

“I’m excited to start live streaming again regularly! DLive is great for me because I’m treated like a real partner, just like all of the other streamers on DLive’s unique platform,” says PewDiePIe.

What is DLive?

DLive is a decentralized live streaming platform built using the Lino blockchain. It utilizes the Lino blockchain to incentivize both content creators and viewers using cryptocurrencies. The platform believes that all rewards belong to platform participants. And, most importantly, does not take cuts or charge any fees to content creators.

“DLive is a place where instead of competing against each other, it benefits creators to support one another. With no platform cuts, we incentivize everyone to create the highest quality content for viewers,” said Wilson Wei, Co-Founder of Lino Network, “PewDiePie has always been a fierce advocate for the value that creators bring with their hard work, time, and effort, and he believes in DLive’s vision. Our live streaming platform has the potential to forever change how creators are represented in this industry, and we’re proud to have PewDiePie help us lead this charge.”

Source:

https://www.prnewswire.com/news-releases/pewdiepie-forges-first-exclusive-livestreaming-partnership-with-dlive-300827823.html
https://www.businessinsider.com/highest-paid-youtube-stars-2018-12#10-logan-paul-145-million-1

Photo by Wikimedia Commons

The next morning after the BCH fork

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Yesterday, November 15, 2018, the Bitcoin Cash network had a hard fork. As a result, now the chain has split up in two different coins, as expected, BCHABC and BCHSV. The fork occurred at block 556,766. 

The fork got postponed.

The fork was expected to happen at 16:40 UTC, but it got delayed and occurred several hours later. Twitter and social media sites were blowing up because of this event. Everyone had an opinion and wanted to share it with the world.

The world was watching.

There were a series of live streams on Youtube. Tone Vays hosted one where the top BTC supporters gathered to talk about what’s happening. Giacomo Zucco, Willy Woo, David Silver, Charlie Lee, Nick Core, Francis Pouliot, Ven Zen, and many many more popular Bitcoin defendant figures were just a small part of the video.

There was another video on CoinSpice channel, where similarly, a lot of Bitcoin Cash supporters gathered along to wait for the fork to happen collectively. Vitalik Buterin and Roger Ver joined them as well. Both of those videos turned out to be longer than seven hours.

That would have been a regular fork if both leaders of both camps hadn’t engaged in a severe hash-war. It was almost like following a sports game of some sort. It was something the crypto-space had never experienced before. Such media coverage and unknown outcomes had never rustled with cryptocurrencies.

Conclusions

You can check the technicalities and specification on both forks in our previous articles about the fork itself, and one where Roger Ver comments on it.

It all got so far that the supporter behind Bitcoin Cash SV, Craig S. Wright, started vowing that he would destroy the Bitcoin Cash ABC network. Although just minutes before the fork took place, it looked like Bitcoin Cash SV had the most hash-rate support, it turned out to be in favor of Bitcoin Cash ABC. As a result, BCHABC had a significant lead over the BCHSV hash-rate. Approximately 75% of all BCH nodes were running the ABC network, while only 8% were supporting the SV network. Consequently, the Bitcoin Cash hash-rate war winner is Bitcoin Cash ABC. Some exchanges have already clarified that soon they will replace the BCH ticker with BCHABC, thus making Bitcoin Cash Bitcoin Cash ABC.

As for Bitcoin Cash SV, it looks like mining at a loss will not be an option and they will switch to a different network.

At the time of writing judging by the statistics of Coin Market Cap, BCHABC is trading at $287,41 with a +3% gain, whereas BCHSV is trading at $112.73 with a -29.85% downtrend occurring.

BCHABC chart on CoinMarketCap
BCHSV chart on CoinMarketCap

Both are being traded on Poloniex, Bitfinex and HitBTC. Available pairs are BCHABC/BTC(Poloniex, HitBTC); BAB/USD(Bitfinex); BAB/BTC(Bitfinex); BCHABC/USDC(Poloniex), and BCHSV/BTC(Poloniex, HitBTC); BCHSV/USDC(Poloniex); BSV/USD(Bitfinex); BSV/BTC (Bitfinex).

Source:

https://goo.gl/FpY5Tf
https://goo.gl/Wg4ze1

Photo by rawpixel.com from Pexels.

Lawsuit against BitConnect: Youtube added as a defendant

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The lawsuit which was initiated in July 24th states that BitConnect issued crypto tokens that were unregistered securities, and obtained additional funds through a wide ranging Ponzi-scheme. The lawsuit was filed by 6 individuals who claim to have lost around $771,000. 

BitConnect and its affiliates used Youtube to spread their fraudulent investment scheme through videos. Youtube has failed to delist and demonetize the published videos. The top ten affiliates had posted more than 70,000 hours of unedited content which generated around 58 million views.

“This case is not about YouTube being the speaker or publisher of the content on its website. Instead, liability is predicated on YouTube’s failure to act after learning from content directly published on YouTube of the readily foreseeable harm posed by its advertising partners… As the old saying goes: Sometimes when you lie down with dogs, you get fleas” said David Silver of Silver Miller, the firm which represents the 6 individuals in the lawsuit.

The plaintiffs are sure that if Youtube had developed an appropriate search of its databases, it probably would have delisted the harmful activities of BitConnect videos.

The document which has been filed in court, concludes:

“YouTube failed as a gatekeeper to protect its users from, and warn its users of, the very harm YouTube set out to prevent with its advertising protocols and proprietary algorithms.”

Source:

https://goo.gl/ZY8sqm

https://goo.gl/d3aMw2 – court documents