Isonode, Truro (2026)

07/08/2021

🚀What’s the latest crypto news?

💂‍♀️Ethereums London hardfork event underwent with much success. Interestingly zero miners opposed to the upgrade and no forked eth was created in the process. A change of tone from many miners from the start of the year. The supply of ETH tokens is now officially a deflationary asset.

🇺🇸A huge infrastructure bill is being voted on in the USA. One side is potentially devastating to the crypto industry, the other slightly better. From our understanding, the decisions have been made by people who do not understand the industry and have tried to generalise the entire industry under the name “DEFI”.

🤖SingularityDAO (SDAO) beta launched. We will be having a play around this week.

The markets are all up in general. Don’t get too excited now 😉

04/08/2021

🚀Did you guys see our story with the bitcoin fork map today?

It relates to the most recent news in the industry: Bitcoin SV, one of the most prominent forks of the bitcoin blockchain, has suffered from an immense 51% attack. This attack is where hackers gain control of more than 51% of the network by competing with massive amounts of computational power. It is currently unclear who is behind the attack, but blocks are being reorganised and 3 versions of the chain were reported at once by other miners in the network.

A blockchain forks when miners fail to reach consensus over the next block. This has typically aligned with major upgrades to the network, and disputes regarding changes to the protocol.
As you can see from todays story, Bitcoin has been forked many times in the past. However the main chain of bitcoin is still by far the strongest blockchain network. The bitcoin forks, like BSV, do not benefit from the same network strength the original bitcoin network possesses, and each fork must build their own community to maintain the network.

The future of Bitcoin SV is unclear at the point in time. Personally, I wouldn’t touch any fork of bitcoin, besides the original chain.

03/08/2021

🚀What is a DAO?

Today we came across an awesome use-case for a DAO we wanted to share with you guys. But firstly what is a DAO?

DAO stands for Decentralised Autonomous Organisation. This is an entity with no direct centralised authority, meaning all participants have the opportunity to have a weighted vote in the decision making process of the organisation.

So why is this significant?

Well take the Croatian music festival, Circus Maximus, for example:

CM are implementing a DAO structure for their music festival. Meaning tickets will be sold as NFTs, the sale of NFTs raises the capital required for the festival, in which holders of the festivals NFT will have exclusive voting rights on the key parameters of the festival: who’s performing, where is the festival going to take place, what brands do we want to work with, how many bars should there be? The list goes on.
This gives a totally unique experience based solely on the demands of the attendees.

But this governance structuring enabled by DAOs can be implemented across a much wider variety of cohorts.

Have an idea, or work in a group where you think DAO structure might be beneficial to your work? Get in touch to learn more about DAO structuring and strategising.

31/07/2021

🚀Binance update

With the latest tensions rising between the worlds largest exchange Binance, and regulators all over the world; we wanted to give you all our advice in what to do next. Binance will be ensuring any transaction over £1000 will require KYC verification, in which Binance can provide details regarding your transactions with HMRC, making every crypto transaction above £1000 from Binance a taxable event in which case you will need to include in your self assessment.

If you want to sell for pounds? - Move to another exchange like Kraken or Coinbase (recommended in that order).

If you want to HODL? - move to a cold storage wallet, or native blockchain wallet depending on what you hold. For more advice on this get in touch with us!

Ready for DEFI? There a numerous good wallets to interface with DEFI, but be careful and do your homework on what your putting money into before taking any risks.

Either way we recommend moving money off Binance (values over £1000) for the time being, just while they iron out their issues with regulators.

Want to learn more? Get in touch about any questions you may have.

27/07/2021

🚀27th July News update

🛒Speculation around Amazon accepting crypto payments fuelled the recent market spur (The media playing Chinese whispers). Although there has been no confirmation from Amazon officially, they have posted a job ad looking for a blockchain strategist.

📲Binance is halting its GBP/ AUD/ EUR/ margin trading pairs in retaliation to the latest dispute with retail banks across the globe. To anyone with funds held in Binance, particularly here in the UK, we recommend moving your funds to a secure wallet and off the exchange if you’re HODLing. Get in touch for wallet recommendations.

🇸🇻A rising group of protestors in El Salvador are speaking out against the countries new bitcoin law, scheduled to come in to play this September. The group proclaim the move will allow for more illegal operations and tax-evading corruption, whilst the national tax is used to implement the new system. They also spoke concerns regarding the volatility of bitcoin and the manipulation its price is susceptible to.

As with any new technological frontier, there is always backlash, chancers, and opposing views on the issue. We can learn a lot from the protest groups of El Salvador, their concerns are not yet apparent in the UK economy for the average person. As with any new technology, there are plenty of ways to do it; few ways to do it correctly.

26/07/2021

🚀News roundup 26th July

📈Crypto markets all around have shown good growth over the last couple days. Shorters betting against bitcoin lost over $600m in the last 48 hours.

🇬🇧Rishi Sunak unveils his plans to build ‘britcoin’ to rival cash payments in the UK.

⚒️A hacker on liquidity protocol THORchain walked away with 4000 ETH, and left a note saying he could’ve taken more

🌶Arsenal are the latest football club to launch a fan token, coming on the Chilliz platform soon.

Have any questions about anything we’ve covered, get in touch.

14/07/2021

🚀What on earth is an NFT anyway?

🪙NFTs have made huge waves this year as being a new way for artists to engage and sell their work directly to fans.

📑NFT isn’t a new concept; they have existed since 2014. A non-fungible-token is simply a digital token which represents a unique asset in a digital form, identifiable by a unique code. By holding the NFT you hold ownership of the digital representation of that asset.

🎨NFTs could be used for all kinds of cool stuff, but primarily they have been popularised by art.

👎NFTs haven’t always been created successfully, many have written bad smart contracts, unbeknownst investors have ended up buying what they thought was a piece of art, but ended up simply buying a URL link, controlled by the artist.

🚀We’ve taken our time, watched people make mistakes, and defined a proper strategy, empowering the artist (or NFT creator) and the Buyer.
—Our first tester NFT will go live in the coming week.

👩‍🎨Artists in Cornwall, if you are interested in digitising the rights to your artwork, or utilising a channel in which you can sell your art directly to buyers without the need of an intermediary, or Shutterstock taking most of your profits, then get in touch. As always we’re happy to help!

12/07/2021

🚀Time to check in with the weeks latest blockchain/crypto news:

🏦A wave of UK banks restrict crypto outflows. Binance sees the largest backlash and sanctions of any crypto exchange. (Other exchanges available)

📢Crypto ads are no longer allowed on tiktok, after a stint of influencers shilled low cap alt coins primed for rug pulls and exit scams.

👍Ethereum’s EIP 1559 Upgrade, aimed at improving scalability has been scheduled to launch on August the 4th, following a successful deployment of the three primary test-nets.

🪨Another rocky week for price movement. The news of the week generally reflects that (specifically in the UK), however this is crypto and we all know how fast things can change. Some massive technical developments arriving in the next month or so, sure to bring big positive movements to the markets.

Any questions about anything covered? Get in touch we are happy to help!

05/07/2021

🚀5th July News Roundup!

Thankfully June is over, and hopefully the downturn in the market is over as well. Here’s what has been going on this week:

🪙Coinbase are encouraging investors to move their money out of retail banks, buy offering users 4% yields on their USDC holdings.

🌍The worlds largest crypto currrency asset management firm Grayscale have added Cardano’s ADA token to their portfolio as their third biggest holding.

🥇Ethereum overtakes Bitcoin for having the most active addresses on its network, totalling near 757,900 addresses.

💼Service Giant EY released a protocol called Nightfall 3, aimed at lowering the gas fees and improving scalability on Ethereum by utilising both ZK-proofs and Optimistic Roll-ups in the form of a sidechain.

🇺🇦 Ukraine make headlines, not for their awful football performance, but because the Ukraine parliament has passed a legislation making their (to-be-released) e-Hryvnia a payment standard. Their CBDC is expected to launch on the Stellar Lumins blockchain.

Have any questions about anything covered above? Get in touch, we’re happy to explain in greater detail.

24/06/2021

🚀24th June News Roundup

It’s been a crazy week in the industry, and the volatile markets show for it. Here’s what’s happened:

👎Two South African brothers heavily involved with Africrypt have vanished, and so has $3.6 billion worth of bitcoin. This could be the biggest exit scam the industry has seen so far!

🇵🇾Paraguay are set to follow in El Salvador’s footsteps, and release their bitcoin legislation next month.

📲In El Salvador, cell phone providers will be forced by law to provide access to a national bitcoin wallet without an internet plan, extremely inclusive for those in impoverished communities .

🐼China have further tightened restrictions on crypto currency trading, exiling the bitcoin mining community, encouraging the adoption of the digital yuan.

🍁The Canadian Men’s Basketball league will begin offering players a portion of their salary in cryptocurrency’s, through a partnership with Canadian crypto exchange bitbuy.

23/06/2021

In 20 years time, the Bank of England and the Government of England will be no more significant than the Red telephone boxes, in our daily lives. Just as the internet displaced our sole means of long distance communication; Blockchain technology will replace the way we transact and govern.

18/06/2021

🚀18th June: ISONODE update

Firstly, a big shout out to everyone who has been in contact so far. We love to see so much interest in Blockchain out there!

Secondly, our official website is now live, make sure you check it out! After receiving feedback we are going to re-word the consultations page. Any other feedback is still welcomed!

Thirdly, our relay node for the Cardano blockchain has been up 30 days with zero down time! This has given us a decent amount of time to monitor and test our bare metal and cloud systems, before we open up the Stakepool to you guys. Safety first 👌 more info on our stakepool launch coming soon.

And finally a massive shoutout to the ISONODE team for all their hard work! This is only the beginning.

Have a great weekend everyone! 🚀

Isonode

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