Gabbard on DNC Chair Denying Banning Her From Debate: ‘That’s Just Not True’

Tuesday on MSNBC’s “Andrea Mitchell Reports,” moments after Democratic National Committee chairwomen Debbie Wasserman Schultz denied  that Rep. Tulsi Gabbard (D-HI) was disinvited from the first Democratic presidential debate in Las Vegas, Gabbard told Mitchell, “That’s just not true.” Mitchell asked, “Congresswoman, what happened here? She says that it’s not the case that you were not told you couldn’t come, that she simply wanted you to stop discussing the debate structure and discuss the issues.” Gabbard said, “I can’t say much more than to say that that’s just not true. I was on your network, MSNBC, talking on “Meet the Press Daily” about how we do need more debates. The same thing that I have been saying now for several weeks. And the very next day got a message saying that if I’m going to continue talking about that, that I shouldn’t go to the debate.” She continued, “It’s not surprising to me that she is saying things that aren’t true. About a month ago, shortly after I called for more debates, the chairwoman said publicly that she had communicated and consulted with vice chairs and officers of the DNC prior to making her decision, both about the number of
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Benghazi Victim’s Mom: Hillary ‘Anti-Mother,’ Gowdy ‘Doing a Good Job’

Patricia Smith, whose son, Sean was killed in the Benghazi attack stated Democratic presidential candidate former Secretary of State Hillary Clinton is “anti-mother” and Benghazi Select Committee Chairman Representative Trey Gowdy (R-SC) is “doing a good job” on Tuesday’s “America’s Newsroom” on the Fox News Channel. Smith said, “Benghazi was her territory. She allowed it to happen. She did not give the security over there. Everything — this was her bailiwick. She was the State Department. Now, she caused all of this to happen, why shouldn’t she have to give an answer? I want to know what happened there. She promised me when the caskets came in in Washington, DC she promised me to my face that she would call and tell me what happened, because I don’t know exactly what happened. She has never called. Her office, not only has not called, but they gave out information that I was not to know anything because I am not a member of the immediate family. As far as I’m concerned, Hillary is anti-mother. She will not give me an answer to anything. She still stands on, as far as I know, it’s still the video that caused everything, because no
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Epic Media Fail: Trump, Carson Hold Sizable Leads Over Hillary Clinton

Republican presidential hopefuls Ben Carson and Donald Trump participate in the Republican Presidential Debate at the Ronald Reagan Presidential Library in Simi Valley, California on September 16, 2015. Republican presidential frontrunner Donald Trump stepped into a campaign hornet's nest as his rivals collectively turned their sights on the billionaire in the party's second debate of the 2015. AFP PHOTO / FREDERIC J. BROWN (Photo credit should read
Despite a full-on, five-day promotional rehabilitation campaign for Hillary Clinton courtesy of NBC News; despite all of the media piling on Ben Carson The Scary Black Man Who Preaches Self-Reliance; despite the media’s ongoing hate campaign to paint Donald Trump as a racist, a new Fox News poll shows that both men are handily beating Ms. Clinton. In fact, despite the media’s ongoing campaign to tar the Republican Party as a whole as extreme and incompetent, every Republican candidate polled beats Ms. Clinton. In a head-to-head match-up Carly Fiorina beats Hillary 42% – 39%; Jeb Bush wins by 44% to 40%; and Donald Trump is up +5%, 45% to 40%. The best news is for Dr. Ben Carson, who wallops Hillary by +11%, 50% to 39%. Last month Hillary beat Trump 46% to 42%. That’s a +9 point jump for the Republican frontrunner. Bush has gained +2 points since September. Carson has gained a whopping +16 points on Clinton. Back in June he was down 46% to 41%. If you want to know why the media spent all of last week engaging in an “othering”  campaign to dehumanize and disqualify Carson, the +11 point lead over Hillary should be explanation
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Blockstream to Launch First, Instant-Settlement Sidechain for Bitcoin Exchanges

Blockstream has announced it will launch its first commercial Bitcoin sidechain by early 2016. The sidechain, codenamed “Liquid,” offers instant transactions, providing a fast settlement layer for bitcoin exchanges, brokerages and other industry members.

As its main advantage, Liquid provides instant and secure transactions among all users of the sidechain. While Bitcoin transactions can typically take up to an hour to be sufficiently secured by the blockchain, Liquid offers a similar level of security within seconds.

Blockstream, which received a $21 million funding round last year and employs several Bitcoin Core developers, intends to deploy the sidechain among different exchanges and other Bitcoin service providers. Users with accounts at several of these exchanges will then be able to move bitcoin from one account to another within an instant, instead of having to wait for the transaction to confirm on the blockchain.

Speaking to Bitcoin Magazine, Blockstream CEO and co-founder Austin Hill explained the added advantages of using Liquid:

“Liquid is mostly targeted at exchanges, and through them at institutional traders. These traders are the market makers that continually move funds back and forth from one exchange to the other, making use of arbitrage opportunities, as such minimizing spreads and increasing liquidity. These more sophisticated traders look at bitcoin’s confirmation times as a negative, and really do need the type of speed of markets that Liquid can offer.”

But it’s not just exchanges and their users that can benefit from Liquid, Hill continued:

“We also have customers that are end users themselves. They buy and sell bitcoin on multiple exchanges for their own customers’ needs. A good example of that would be wallet provider Xapo; it is a huge benefit for them to have instant access to all the other markets. Another example could be companies that use bitcoin for remittances. Right now they need to adopt sophisticated hedging strategies to counteract the volatility of bitcoin; instant transactions can obviously even that out.”

Sidechains are basically alternative blockchains that use bitcoin as a currency unit. First conceived a year ago , they allow for bitcoin to move in and out of different “pegged” blockchains. As such, users of a sidechain can transfer bitcoin using varying rule-sets – not just those imposed by the original Bitcoin blockchain (such as the 10-minute confirmation time).

Much like Blockstream’s open-source testnet sidechain “Elements,” Liquid uses a “federated consensus” security model to confirm transactions. This holds that bitcoin sent to the sidechain are locked into a typical multisig address on the Bitcoin blockchain, requiring several private keys to unlock. The keys needed to unlock these bitcoin are effectively transferred to Liquid, where they can be used to transfer the pegged value within the sidechain.

As opposed to the Bitcoin blockchain, transactions on Liquid are not processed by miners. Instead, some of the companies using Liquid will act as as functionaries that validate transactions for each other using tamper-resistant hardware boxes with a special software stack embedded. Transactions confirm if a supermajority of these functionaries sign them. While this introduces a minimal level of trust in the system, it’s exceedingly difficult for functionaries to cheat the system, as no one entity is in charge. A supermajority of functionaries would need to be compromised at the same time in order to block transactions or steal funds.

“There have previously been a number of attempts by different exchanges to try and realize something like this,” Hill said. “Customers were asking for it, and these companies wanted to test the benefits. But previously, all attempts to do this included some form of counterparty credit agreements, or agreements to accept transactions with no confirmations. Because of the required trust involved in these kinds of solutions, they were never actually launched. By using a federated consensus sidechain, we can give exchanges the control of their own funds, but with the added functionality of instant transactions.”

Exchanges and other industry members that wish to join the Liquid sidechain must subscribe through Blockstream, which charges a monthly fee. So far, some of the world’s biggest bitcoin exchanges and other prominent industry leaders have joined the project. This includes Bitfinex, the world’s top U.S. dollar exchange by volume, Kraken, the world’s top euro exchange by volume, BTCC (formerly BTCChina), one of the leading Chinese yuan exchanges, Unocoin, a leading Indian ruble exchange and wallet service, and Xapo, one of the top funded wallet services in the space.

The post Blockstream to Launch First, Instant-Settlement Sidechain for Bitcoin Exchanges appeared first on Bitcoin Magazine.

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DNC Chair Denies Banning Rep. Gabbard From Debate

Tuesday on MSNBC’s “Andrea Mitchell Reports,” Democratic National Committee chairwomen Debbie Wasserman Schultz denied reports that Rep. Tulsi Gabbard (D-HI), a vice chairwoman of the Democratic National Committee, was disinvited from the first Democratic presidential debate in Las Vegas by a message from the chief of staff of Wasserman Schultz because Gabbard appeared on MSNBC calling for more than six debates. Host Andrea Mitchell asked, “What about your vice chair, Tulsi Gabbard, the congresswoman from Hawaii, who says you told her she could not come here today. That doesn’t sound inclusive.” Wasserman Schultz said, “That’s simply not the case. The congresswoman was asked to focus on our candidates on the issues that are important to Americans to draw a contrast with the Republicans.” She continued, “We are a big tent party and welcome those opinions. This debate and every debate going forward is about the issues. she is continuing to focus on process which she’s entitled to do. We asked if she could focus on those issues and she chose not to come because I guess she can’t.” Mitchell shot back, “She says that you said she can’t come.” Wasserman Schultz replied, “That is simply not the case. What we said
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