Connect with us

News

What a Bitcoin ‘Reorg’ Is and What Binance Has to Do With It

Published

on

What started with a single tweet quickly turned into an escalating debate Wednesday when the CEO of one of the world’s largest cryptocurrency exchanges appeared to entertain the idea of encouraging revisions to the bitcoin blockchain.

Following Wednesday’s revelation that crypto exchange Binance was robbed of 7,000 BTC (worth about $40 million), a proposal was floated to conduct a transaction “reorg” on the bitcoin blockchain, sparking a fiery debate and community uproar.

The idea was suggested a few hours after the world’s largest crypto exchange by volume was hacked when developer Jeremy Rubin, who has worked on bitcoin and Stellar’s core code, tweeted to the founder and CEO of Binance:

“[Changpeng Zhao] if you reveal your private keys for the hacked coins… you can decentralized-ly at zero cost to you coordinate a reorg to undo the theft.”

Rubin essentially suggested that by getting a majority of miners onboard, the transaction history could be adjusted so that the funds are instead broken up and sent to them instead. This “reorganization” would come at some cost, but it would prevent the 7,000 BTC from staying in the hands of the hackers. Further, it wouldn’t have constituted a pure rollback, or a reversal of the transaction history writ-large.

The idea was subsequently raised during an ask-me-anything session held by Binance CEO Changpeng Zhao, sparking a round of speculation that ended with Zhao ultimately dismissing the idea.

As the tweet caught attention, the conversation quickly boiled over given the topic of discussion – there have been very few changes to the bitcoin blockchain’s transaction history in its 10 years of operation, as doing so has been reserved for dire emergencies in which there may be critical consensus failures.

“To clarify, the proposal by [Rubin] and [James Prestwich] is to construct a [transaction] that would keep all other transactions and just distribute the hacker coins to miners,” tweeted Zhou. “It’s not: a rollback of any transaction, nor is it reverting funds back to Binance.”

The proposal caused an uproar on social media. As developer Udi Wertheimer tweeted in response:

“The idea that this rollback of days would even be practical at all for anyone involved is insane. A day of mining costs 1800 BTC. Rolling back four days costs more than the hack itself.”

Others seemed to agree that the sheer financial incentives for such a feat would simply be infeasible.

“The losses are still at a minimum [7,250] BTC,” wrote developer Jimmy Song about rough costs for Binance to sufficiently incentivize miners to rewrite part of the transaction history of the bitcoin network.

At the same time, infeasibility and impossibility are two separate matters. When explaining why Binance would ultimately not be pursuing a chain reorganization or “reorg” as suggested by Rubin, Zhou listed four separate reasons none of which had anything to do with the monetary cost.

“1. We may damage credibility of BTC. 2. We may cause a split in both the bitcoin network and community…3. The hackers did demonstrate certain weak points in our design and user confusion that was not obvious before. 4. While it was a very expensive lesson for us, it is nevertheless a lesson,” listed Zhou on Twitter.

Zhou’s reasoning highlighted a key concern many have voiced in the past when it comes to blockchain immutability not just on bitcoin but all proof-of-work (PoW) blockchains.

A thought experiment?

“If you bribe 51 percent of the miners, they will change the ledger for you. [This] tells you just how little irreversibility there is in PoW coins,” tweeted Cornell University professor and researcher in blockchain consensus protocols Emin Gün Sirer.

A 51% attack on the blockchain network is not a new attack vector for PoW blockchains. However, as highlighted by Gün Sirer, it’s also not really an attack vector. On very special instances, the majority of self-interested miners on PoW blockchains have voluntarily agreed to alter a transaction history to undo critical situations.

While the situation isn’t entirely the same, in the past, blockchain networks have seen their histories altered in the wake of critical moments. This happened on the ethereum blockchain back in 2016 when over $60 million worth of coins were siphoned off from the now-defunct smart contract The DAO. It also happened on the vericoin blockchain back in 2014 after $8 million worth of coins were hacked.

While controversial, both decisions were supported by the primary developer community who launched system-wide upgrades or hard forks to enable otherwise infeasible amendments to the blockchain transaction history.

Yet those choices weren’t without their repercussions; the resulting ethereum fork resulted in two distinct chains, ethereum and ethereum classic, respectively.

A resounding no

Still, many in the bitcoin community took to social media to deride the idea as both infeasible as well against the philosophical underpinnings of the technology.

In Binance’s particular case, prominent members of the bitcoin community point out that bitcoin being the world’s largest blockchain is a particularly unique case with a reputation to uphold.

“Talk of forking or reorganizing the blockchain is close to heresy,” tweeted billionaire bitcoin investor Michael Novogratz. “When the ethereum community did it the project was like 5 months old. A baby. Bitcoin now has $100bn market cap and is a legitimate store of wealth.”

It would also be unfair according to Adam Back – CEO of bitcoin development startup Blockstream – given that the latest Binance hack is nowhere near as severe as previous hacks suffered on the bitcoin blockchain.

“A Bitcoin reorg is just not happening, and I doubt any Bitcoin industry, miners nor developers considered it either. Recall 2014 $473mil, 2016 bitfinex hack $72mil, 2019 binance $40mil etc. #NotHappening,” tweeted Back.

Binance image via Shutterstock

Continue Reading

News

Certified Closers Review

Avatar photo

Published

on

Certified Closers

I didn’t grow up in a picture-perfect home. Love, for me, was inconsistent…sometimes loud, sometimes distant, but never stable.

So I became obsessed with understanding it. Not the Hollywood version. The real stuff.

I spent years studying relationships…how they form, how they break, and what it takes to build ones that actually last.

Eventually, I became the person people called after the breakup. After the third fight in a week. Or when they were about to give up on love entirely.

That turned into coaching.

At first, just a few clients. Then more.

Then hundreds of people, all through word of mouth.

I was the coach people referred when nothing else worked. And I was good. Really good.

But here’s what no one tells you…

Being a great coach doesn’t automatically make you a great business owner.

I was still doing it all..coaching, content, sales calls, admin.

And I realized I was the bottleneck in my own business.

If I didn’t fix it, I’d burn out.

And worse…I’d limit how many people I could help.

That’s when a friend introduced me to James Sansone from Certified Closers.

She said, “If you’re serious about scaling this… he’s the best guy on the block.”

And she wasn’t lying.

The “villain” in this part of my story?

It was outdated systems, messy offers, and me trying to juggle everything without a clear path to grow.

I knew my coaching changed lives.

But I didn’t have a business model that matched the impact I was making.

James Sansone and the Certified Closers team

From day one, they brought clarity, structure, and firepower to my vision.

Here’s what they did:

Front-End Packaging:

They helped me niche down and build an offer so irresistible, my ideal clients felt like I was reading their mind. It wasn’t just a “coaching package” anymore…it was a solution they needed now.

Paid Ads Management:

They ran Facebook and Instagram campaigns that didn’t just get likes—they brought in leads who were actually ready to change their lives. Every dollar spent started working smarter, not harder.

Sales Process Optimization:

James refined my entire sales funnel. Every touchpoint, every follow-up, every conversation became intentional—and it showed in my conversion rates.

Automation & Scaling:

They automated the parts of my business that were draining my time. From lead nurturing to follow-up sequences, we set systems in place that freed me up to focus on coaching.

Removing Me from Daily Sales:

This was the biggest shift. James built a process that allowed me to step back from constant selling. Now, I’ve got a team in place and a system that converts—without me having to be on every single call.

Training & Development:

He didn’t just set it and forget it…his team trained my people, equipped them with proven sales strategies, and helped us lock in a high-performance culture.

With Certified Closers by my side, I transitioned from “coach with a gift” to “coach with a movement.”

We hit record months.

I finally had time to breathe.

And most importantly…I was impacting more lives than ever before.

My calendar isn’t chaos anymore.

I have freedom, consistent income, and scalable growth.

But most importantly, I’m living in alignment…doing what I love, while letting a world-class team handle the growth engine behind the scenes.

You can be brilliant at what you do…

But if your systems are broken, you’re capping your impact.

James Sansone and Certified Closers didn’t just help me scale.

They gave me my mission back, with more power behind it.

Now, every Friday, I pour a glass of wine, light a candle, and look at our client success board.

It’s covered in wins.

And I smile, because I know:

This isn’t just a business anymore.

It’s a legacy.

If you’re a coach, expert, or visionary trying to scale your brand I would suggest to stop doing it alone.

Get in touch with James Sansone and the Certified Closers team.

They don’t just close leads.

They open doors you didn’t even know were possible. That’s all I am going to say! 

Continue Reading

News

Final Drive Motors: An Essential Guide for Optimal Performance

Published

on

Final Drive Motors

Final drive motors are pivotal components in the machinery world, powering a wide array of equipment from excavators and bulldozers to heavy-duty vehicles. These motors are the backbone of any machine, providing the necessary torque and speed control to execute tasks efficiently. Understanding their operation, maintenance, and troubleshooting is crucial for maximizing performance and extending the lifespan of your machinery.

Understanding the Mechanics of Final Drive Motors

Final drive motors are designed to convert hydraulic power into mechanical energy, which in turn drives the wheels or tracks of heavy machinery. They are composed of a hydraulic motor and a reduction gearbox, working in tandem to reduce high-speed, low-torque hydraulic flow into low-speed, high-torque mechanical power. This process is essential for the heavy lifting, digging, and pushing operations that such machinery is tasked with.

Key Components and Their Functions

  • Hydraulic Motor: Acts as the initial receiver of hydraulic energy, converting it into rotational force.
  • Reduction Gearbox: Decreases the rotational speed while simultaneously increasing the torque.
  • Sprocket: Transfers the mechanical energy to the tracks or wheels, propelling the machine forward or backward.

Selecting the Right Final Drive Motor for Your Machinery

Choosing the correct final drive motor involves understanding your machinery’s requirements, including weight, load capacity, and the specific tasks it will perform. Factors such as the motor’s torque output, speed specifications, and compatibility with your machinery’s hydraulic system are critical in making an informed decision.

Compatibility and Installation

Ensuring your final drive motor is compatible with your machine’s make and model is paramount. Incorrect installation or incompatible parts can lead to inefficient operation, increased wear, and potential failure. Professional installation and calibration are recommended to achieve optimal performance and longevity.

Maintenance Tips for Long-Lasting Performance

Regular maintenance is key to extending the life of your final drive motor. This includes:

  • Routine Inspections: Regular checks for leaks, wear, and damage can prevent minor issues from becoming major problems.
  • Oil Changes: Changing the hydraulic fluid and filter as recommended by the manufacturer helps maintain hydraulic integrity and performance.
  • Cleaning: Keeping the motor and its components clean from dirt and debris prevents overheating and wear.

Troubleshooting Common Issues

Even with meticulous maintenance, final drive motors can encounter problems. Recognizing and addressing common issues promptly can save time and resources.

Leaks

Hydraulic fluid leaks are a frequent issue, often indicating worn seals or gaskets. Immediate attention is required to prevent further damage.

Noise

Unusual noises may signify internal wear or damage. A thorough inspection can identify the cause, whether it’s bearing failure or gear wear.

Reduced Performance

A drop in performance could be due to various factors, including hydraulic system issues, motor damage, or mechanical wear. Professional diagnostics are necessary to pinpoint and resolve the underlying cause.

The Future of Final Drive Motors

Advancements in technology are continuously shaping the development of final drive motors. Innovations in materials, design, and hydraulic systems are improving their efficiency, durability, and environmental impact. Staying informed about these advancements can help you make better decisions for your machinery and operations.

Conclusion

Final drive motors are indispensable components of heavy machinery, offering the power and control needed for various operations. Understanding their mechanics, ensuring proper selection and installation, and committing to regular maintenance can significantly enhance their performance and lifespan. By addressing any issues promptly and keeping abreast of technological advancements, machinery owners can ensure their equipment remains reliable and efficient for years to come.

Also check these: Best Final Drive Motor Suppliers

Continue Reading

News

Rejuvenate CBD Gummies: Unlocking Natural Healing for Optimal Wellness

Published

on

Rejuvenate CBD Gummies: Natural Solution for Health and Wellness

In a society where stress, pain, and a variety of health conditions are common, the search for a remedy that is both natural and effective becomes of the utmost importance. The Rejuvenate CBD Gummies have established themselves as a game-changing product by providing a novel strategy for maximizing one’s state of wellness. In this piece, we will go deeper into the extraordinary benefits and possibilities of Rejuvenate CBD Gummies, putting light on how they can alter your health and well-being. Rejuvenate CBD Gummies are a delicious way to get your daily dose of cannabidiol (CBD). Get ready to discover the hidden potential of natural remedies!

The Science Behind Rejuvenate CBD Gummies

Cannabidiol (CBD), a naturally occurring chemical that is present in the hemp plant, was used in the formulation of Rejuvenate CBD Gummies. CBD has been shown to have an effect on the endocannabinoid system, also known as the ECS. The ECS is a complex network of receptors that regulates a variety of human functions, including sleep, mood, the perception of pain, and immunological response. CBD has been shown to interact with the ECS. Rejuvenate CBD Gummies work to restore balance and harmony throughout the body by focusing on the endocannabinoid system (ECS).

A Holistic Approach to Wellness

In contrast to conventional pharmaceuticals, which frequently focus on treating a single problem at a time, the comprehensive approach to wellbeing offered by Rejuvenate CBD Gummies. These gummies address numerous facets of health at the same time, so improving total health rather than merely relieving specific symptoms. These gummies act in concert to bring relief from a wide range of symptoms, from bodily aches and pains to mental strain and anxiety.

Natural Ingredients, Powerful Results

The natural components used in the production of Rejuvenate CBD Gummies are chosen with great care to ensure the product’s high level of purity and efficacy. The following are some of the major components:

  1. Full-Spectrum Hemp Extract: This extract comes from hemp that was cultivated organically and is abundant in CBD as well as other cannabinoids that are good to the body. It is associated with a wide variety of health advantages, such as the alleviation of pain, the decrease of stress, and the promotion of general wellness.
  2. Terpenes and Flavonoids: These naturally occurring chemicals are important contributors to the entourage effect, which boosts the efficacy of CBD. They complement one another to increase the therapeutic capacity of the Rejuvenate CBD Gummies, which in turn results in a greater number of benefits.
  3. Natural Fruit Extracts: Natural fruit extracts are used in the production of Rejuvenate CBD Gummies, which allows for an explosion of scrumptious flavor. This assures that every bite will be a lovely and pleasurable experience for the consumer.

The Benefits of Rejuvenate CBD Gummies

  1. Pain Relief and Inflammation Reduction: CBD has been shown to have analgesic and anti-inflammatory properties, making Rejuvenate CBD Gummies an excellent choice for managing chronic pain, arthritis, and other inflammatory conditions.
  2. Stress and Anxiety Management: By interacting with receptors in the brain linked to mood regulation, CBD helps alleviate stress and anxiety. Rejuvenate CBD Gummies can promote a sense of calmness and relaxation, supporting mental well-being.
  3. Improved Sleep Quality: Many individuals struggle with sleep issues, whether it’s difficulty falling asleep or staying asleep throughout the night. Rejuvenate CBD Gummies can help regulate sleep patterns, promoting restful and rejuvenating sleep.
  4. Enhanced Focus and Clarity: CBD’s ability to interact with neurotransmitters can improve cognitive function, focus, and mental clarity. Rejuvenate CBD Gummies can support optimal brain performance, aiding in concentration and productivity.
  5. Immune System Support: CBD has demonstrated promise as an immune system booster, one that can assist the body in protecting itself against infectious agents and in preserving overall health. You may find that including Rejuvenate CBD Gummies into your existing wellness routine is beneficial.

Choosing Rejuvenate CBD Gummies for Your Wellness Journey

It is absolutely necessary to place a high level of importance on quality and openness while selecting Rejuvenate CBD Gummies. Look for goods that come from trustworthy producers, have been tested in an independent lab to ensure their potency and purity, and include information that is understandable regarding the amount of CBD they contain. In addition, take into consideration your unique requirements and discuss the matter with a qualified medical practitioner in order to establish the proper dosage and use.

Continue Reading

Trending

Copyright © 2020 StarkJournal
Maintained & Operated by Marketing 180