Where To Get Bitcoin Cash?

You might assume that if you had Bitcoins before the hard fork on August 1st, 2017, you would have the same amount of tokens in Bitcoin Currency. And if you haven’t claimed your Bitcoin Cash tokens yet, they will stay secure and healthy until you do. Depending on the wallet you use, the methods for claiming the tokens can differ.

If you have a complete node wallet (one that allows you to download the whole Blockchain), such as Bitcoin Core or Bitcoin Knots, you will back up the wallet by heading to the menu and picking ‘Backup Wallet.’ A wallet would be generated as a part of this. Data file that you can import into a complete node Bitcoin Cash wallet like Bitcoin ABC to obtain access to your BCH tokens.

buy bitcoin cash

It’s essential to keep in mind that certain complete node wallets may be incompatible with one another. As a consequence, installing Bitcoin ABC could cause the data in Bitcoin Core to be overwritten. If you wouldn’t back up your secret keys, you risk losing both of your BTC and BCH coins ever. Install Bitcoin ABC, or some other complete node Bitcoin Cash wallet, on a separate machine to prevent this.

You should also be able to assert your Bitcoin Cash tokens if you’re using an SPV (Simplified Payment Verification) wallet (which doesn’t need the whole Blockchain to run). A recovery seed is a concept that applies to the holding of your Bitcoin private keys, as well as, by extension, your Bitcoin Cash secret keys, in any one of those wallets. Also, start trading with Bitcoin Revolution.

As a result, by merely placing this seed into a designated wallet, you must be enabled to enter your BCH. However, based on the form of wallet used, the procedure for using it can differ. To be secure, look for an announcement from your wallet provider that includes guidance on withdrawing your funds.

Alternatively, you should still message the help staff for your wallet. If you didn’t have some Bitcoins when the break happened, you could always buy Bitcoin Cash on any cryptocurrency exchanges or through a peer-to-peer deal.

Exchanges To Buy Bitcoin Cash

Despite the reality that Bitcoin Cash is the fourth-largest cryptocurrency by market capitalization behind Bitcoin, Ethereum, and Ripple, it is not sponsored by any big cryptocurrency exchange. A comprehensive list of BCH-supporting exchanges can be found here. Even though exchange acceptance is growing, only GDAX, Kraken, and Cex.io currently enable you to purchase Bitcoin Cash for fiat currency. You will get Bitcoin Cash in return for Bitcoin, Ether, or Tether if you use other markets, such as Bittrex.

Bear in mind that before you can start trading, the overwhelming majority of cryptocurrency exchanges would enable you to go through a lengthy and often intimidating phase of checking your identification. To deposit or withdraw money from an exchange, you’ll also need to link your bank account to the exchange’s withdrawal scheme.

It would most definitely take many business days to fully identify authentication and bank account connection. For multiple activities, separate exchanges will charge different rates. Such sites can charge a set price, while others will measure the payments dynamically for each service.

bitcoin-introduction

Most exchanges only allow money transfers through banking cash deposits, which may take up to three working days to complete security grounds. Few sites accept credit/debit card purchases, as well as PayPal in some situations, although, for the most part, this alternative is only valid for Bitcoin transactions. The period it took to finish a transaction varies based on the exchange. As previously reported, depositing and transferring fiat deposits from an exchange will take up to 3 working days in most situations. Most cryptocurrency transfers, however, are almost instantaneous make when it relates to Bitcoin Cash.

You may also use services like Shapeshift and Changelly to instantly swap between cryptocurrencies, like Bitcoin Cash, whether you already hold Bitcoins or some other big cryptocurrency. Furthermore, Changelly helps you purchase most of the cryptocurrencies it supports with USD through Visa or MasterCard. Finally, hold your assets and transactions secure at all times. Always trade on trustworthy markets, read user reviews and comments, and double-check the addresses you’re sending your capital.

Why You Must Check Tata AIG’s Reviews Before Buying Insurance?

Many of us associate our insurance needs with different risk factors. Take the increasing instances of critical illnesses in India. Various life-threatening ailments such as cancer and cardiovascular conditions have grown in prominence in the past few decades, resulting in increased healthcare costs and lower life expectancy. Similarly, the increasing number of cars on Indian roads and lenient traffic rules implies a higher risk of road accidents.

In such circumstances, having some form of financial security is essential. And this is where buying insurance comes into play. Buying insurance, be it health insurance plans, motor insurance or travel insurance, is both necessary and overwhelming. It is because you need to think about various factors such as policy coverage, exclusions, insurance-related jargon and the choice of insurance provider.

Choosing the right insurer is perhaps the most crucial part of your insurance buying journey. Since there are many insurance companies in the market, you may feel confused unless you perform a thorough check of different insurers’ reviews. Tata AIG General Insurance Company is one of the trusted names in the Indian insurance sector and offers a wide variety of insurance products, including health insurance plans, home insurance, and car insurance. The positive reviews given by their loyal customers says a lot about the value of their policies.

Here’s how checking reviews of Tata AIG’s insurance policies can help you out:

1. You Get to Know About Customer’s Experience

Before making a significant purchase decision, you often ask about the experience of your friends or peers. You want to know if the product or service you have chosen is worth the price you will pay for it. The same approach bears fruits while buying insurance policies.

The reviews given to Tata AIG’s health insurance plans, car insurance and other policies tell you more about the experience of other policyholders. You can even find detailed reviews from the customers who have written about the benefits they have received with Tata AIG’s insurance policies. In other words, you get to know more about the real-world instances where insurance benefits from Tata AIG have helped an individual, thus, helping you make the right choice of an insurance plan.

2. You Can Find Out Which Add-ons to Choose

Different types of insurance, including health insurance plans, have add-ons that you can choose to strengthen the policy further. Whenever you buy an insurance policy, you are asked to select add-ons of your choice by paying a small premium amount additionally. You can therefore, choose add-ons that align with your requirements.

Genuine reviews from Tata AIG’s policyholders can help support your research by clearing your doubts about the right combination of add-ons that you must include in your policy. For instance, if you buy Auto Secure Private Car Package Policy from Tata AIG, you can choose the depreciation reimbursement add-on to get a full claim amount without any deduction for depreciation during claims as per policy terms.

3. You Can Verify the Claim Settlement Ratio

While buying an insurance policy, you want to know more about the process of claim settlement followed by your insurer. Along with this, it is crucial that you are aware of the insurer’s claim settlement ratio (CSR), which is essential, the number of claims settled by that insurer in a year.

Many customers write reviews online to shower praises on Tata AIG’s policies for their seamless claim settlement process and high CSR. This way, you can be sure of selecting Tata AIG as your insurance partner.

4. You Can Check the Worth of Premium

Most people include benefits such as insurance coverage, NCB, add-ons and their entire experience with their insurers while writing online reviews. Consumers also describe the premium payable for their insurance plan. The premium of insurance policy varies with the coverage and add-on options that you choose at the time of buying.

Therefore, the customer reviews can help you choose maximum insurance benefits at a nominal cost of the premium. At the same time, you can better assess your premium paying capabilities by thoroughly checking out reviews given by Tata AIG’s customers.

Bottom Line

Tata AIG General Insurance company is a trusted name amongst Indians. Whether you want to buy health insurance plans, car or travel insurance, you can validate the worth of their policies through genuine reviews from the policyholders. Doing this will prevent any hassles about your insurance coverage that may otherwise arise in the long run.

4 Reasons Why You Should Invest in Green Energy Right Now

According to a study by Ourworldindata, around 11% of global energy comes from renewable technologies, around one-quarter of our electricity comes from renewable energy, and that’s great news for the planet. From hydropower, wind and solar energy, biofuels and geothermal, there are now many alternatives for public and private use. But why should you invest in green energy? What are the benefits and why should you care?

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1. It’s actually cheaper!

According to the International Renewable Energy Agency, renewable energy is increasingly the cheapest source of new electricity, in fact the cost of photovoltaic energy has fallen by 82% in the last decade! But why is that? Well, the operating costs are much lower for renewable energy plants than fossil fuel and nuclear power plants. As long as there is sunshine there are possibilities of creating solar energy!

If you’re looking for an energy plan for your home, you’ll soon find out that energy suppliers offering renewable electricity are cheaper and more accommodating. They also tend to have environmentally friendly policies with projects such as planting trees every time you sign up for a new contract for example.

2. It’s better for our health

One of the most underrated benefits of renewable energy is the impact on our health. Increases in fossil fuels, road transport or open burning of waste in cities has contributed to air pollution around the globe. The particles found in this polluted air can have a devastating effect on our health. In fact, according to many studies, air pollution increases the risk of lung infections, lung cancer, premature death and asthma.

3. It’s good for the climate

One of the main benefits of renewable energy is the fact that it produces no or very low greenhouse gases. Therefore, it produces much less pollution, resulting in cleaner air and water.  Renewable energy is derived from nature so by definition the resources have the benefit of being abundant and pretty much available anywhere.

4. It’s the future

In the future, we are more than likely going to only use climate-friendly energy sources such as the sun or wind to heat and power our homes and cars. Electric cars will become the norm and more jobs will be created around environmentally friendly energy all over the globe. We’re also expected to see fossil fuel cars disappear in the long run.

Eco-friendly Upgrades to Make Your Home Attractive to Buyers

If you are looking to sell your home or are just thinking about doing some upgrades to make it more attractive when you do finally sell it, studies show that making your property more eco-friendly will make it more attractive to potential buyers. If you want to get specific, there are some eco-friendly upgrades that not only help the environment by reducing the home’s energy consumption, but at the same time provide a return on the investment of more than 100%. This is not just an empty promise as every year sees an increase in home construction that includes the latest in environmentally friendly technology.

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It is no secret that technology is helping every industry develop at supersonic speeds. With the continued threat that rapid urban development brings to the environment. it only makes sense to use new technology to create better construction methods that are less harmful to the environment and more affordable to the homeowner. Jump on the go green opportunities available today and commit to making a better tomorrow.

Be Both Ambitious and Realistic

As you might expect, some eco-friendly upgrades are going to cost more than others. Want to add solar panels on top of the roof? First you have to check with your HOA, if you have one. Then you need to check the financials of the project. The upfront cost will vary from one installer to the next, and the rebates and incentives that encourage you to change in the first place will also vary depending on your home state.

If installing solar panels on your roof is not in your budget, there are plenty of other options to choose from. Everything from changing your insulation to never buying bottled water can have an impact. Changing the number of days you water your lawn or the amount of time for each sprinkler. Try reducing the amount of time you spend in the shower by just a few minutes each day.

All of these savings can add up and help reduce your carbon footprint over time and not only do you not spend money, but you can save money when it comes to your utility bills.

Don’t Forget Tax Season

Using your home as a tax write-off is so obvious it’s a huge reason many people buy homes in the first place. The important thing to remember is that you aren’t the only one who has a vested interest in making your home eco-friendly. The IRS has entered the discussion and extends tax credits based on different upgrades made to the home for environmentally friendly purposes. And since employing a special tax attorney may not be in your budget, there are other feasible ways to examine your financial situation as it impacts your taxes, and whether or not there are any discrepancies that need to be taken care of.

Once you have your overall financial situation looking a little clearer, don’t just be content with the usual write-offs consisting of interest payments and the like; consider all of your options and make a home upgrade that pays for itself. The point is, being proactive and taking the initiative to make your home more eco-friendly is not only affordable, it is also rewarding.

Is Solar The Next Big Thing For Cryptocurrency?

With Bitcoin going big, mining has become a costly and intense exercise. It takes a lot of computing power to validate the millions of transactions that happen on a daily basis. This is why environmentalists are down on Bitcoin as a viable mainstream currency. Mining Bitcoin uses the same electrical output as the entire country of Switzerland.

If Bitcoin becomes adopted by the masses as a legitimate currency, then there will need to be even more servers working overtime to compute and complete the encryptions that are the backbone of the currency.

With climate change front and center in many concerned citizens’ minds, it stands to reason that Bitcoin and cryptocurrency in general would need to greenify if they stand a chance at growing.

bitcoin-servers

In this article, we will go over what the future could mean for Bitcoin as it attempts to go green and use solar energy to power itself.

Lines between price and profit

A few years ago Bitcoin was generally stable in its value around $2,000 per coin. This meant that for miners to make a profit they needed to find a cheap way to power the servers to do the computing. Once these companies have mined the cryptocurrency they usually sell it onto the open market to be traded by investors who are looking to convert cash to Bitcoin.

Luckily for them, Bitcoin servers are rather portable in the sense that miners could set up shop anywhere in the world where the cost of energy was cheap.

Now that people are more concerned about the environmental cost of this mining it was not looking good for Bitcoin as a viable currency. At the time, renewable energy was more costly than fossil fuels so it would have cut massively into the profit margin and possibly even seen some losses.

Now, Bitcoin shattered the $20,000 mark per coin and at the same time, the cost of using solar and wind power has dropped dramatically. Suddenly, it is feasible to use solar-powered Bitcoin mining.

This could allow Bitcoin to be adopted by the masses and grow as a currency and still be the responsible thing for people concerned about the environment.

It can go anywhere

There are many places all over the world from deserts to regions around the Equator that get a lot of sunlight year round. And there isn’t much of an economy in those areas which makes it an ideal location for Bitcoin mining centers.

crytpocurrency-mining

They can use solar farms to power the servers and keep costs low since there is no shortage of sunlight. The long days and cloudless skies makes the price per kW hour in those areas very cheap and can compete with fossil fuels.

Another benefit is that bringing cryptocurrency mining centers to those areas can lift the economy. There will be a lot of jobs in construction and maintenance where there was little possibility of work previously.

*This article has been contributed on behalf of Paxful. However, the information provided herein is not and is not intended to be, investment, financial, or other advice.

5 Things to Check Before Selecting a Bitcoin Trading Platform

In the last few years, trading in Bitcoins has now become much more mainstream. With the rise of credible trading platforms and exchanges, anyone with a few dollars to invest and an appetite for success can start trading in Bitcoins or any other cryptocurrencies.

Choosing the best Crypto trading platform or Bitcoin trading platform can be difficult for new investors because several factors need to be considered. Bitcoin trading simply means buying and selling Bitcoins.

Before investing in Bitcoin, keep in mind that the price of Bitcoins is highly volatile. This factor is preventing many investors from investing in this valuable asset.

There are various benefits of investing in Bitcoins, and some of the benefits include low transaction charges, data protection, high security, no third parties, and much more.

bitcoin-trading

Selecting A Bitcoin Trading Platform

There are various Bitcoin trading platforms available on the internet but choosing the best one is crucial for every user. Thus, there are five major factors that you need to check before selecting the right Bitcoin trading platform.

1. Fee

Every Bitcoin trading platform has some amount of fees. You must proceed only on that platform that charges a genuine amount for trading.

If you are a new investor and join the Bitcoin market, this factor is crucial to consider at any cost. Trading fees differ for every platform, and if any platform is charging low fees, you need to be very careful about the security of that particular exchange platform.

2. Fiat Exchange

Fiat exchange is another factor that you need to consider before trading Cryptocurrencies such as Bitcoin. Every trader, at some point, needs a fiat exchange. This exchange can help their amount to convert into national currency.

Hence, if any trader or investor wants to get out of the Crypto world, this exchange’s procedure can help them. On the other hand, before choosing any trading platform, make sure the platform is compatible with your banks, and if it is not compatible with your account, you can proceed with the other one.

3. Security

Security is a very vital factor that every trader should consider choosing the best Bitcoin trading platform. Every trading platform has its security features.

If you choose the best Crypto trading platform, make sure the platform has two-factor authentication. It is the enhanced feature of every security system. You should not choose any platform that is not offering you good security features. Instead, opt for that platform that offers excellent security features, even if the charges are high.

4. Reputation

Reputation is a key factor that you need to check before selecting a Bitcoin trading platform. The reputation of several trading platforms can differ.

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You can research more on the internet about the reputation of that particular platform. You can also consider several traders’ reviews, which will help you choose the best one. Bitcoin is regarded as a young technology that was invented just a couple of years back. Thus, you will get information about every trading platform you are willing to select on the internet.

5. Insurance

Keep in mind; the best Bitcoin trading platform will have an insurance fund in place. Hence, opt for those Bitcoin trading platforms that provide insurance funds with good security features.

The best exchange platform will be protected to some extent. The trading platform that has several features can make your trading a successful one.

The Bottom Line

Every Bitcoin trading platform has its way of dealing with traders. You can also look at the leading Bitcoin trading app 1g ProfitSystem and earn high returns on investment. Trading in Cryptocurrencies such as Bitcoin can be a very profitable asset for you in the end.

The benefits of trading in Bitcoin can be very effective for you. You just need to gain some expert marketing skills to deal with all kinds of trading or investments. Thus, before choosing any Bitcoin trading platform, read the above instructions carefully. The above data will help you, to some extent, while selecting a suitable exchange platform to trade your digital currencies.

How Green Financing is Changing the Renewable Energy Market?

Growing interest in renewables is rapidly changing how energy projects are financed in America and around the world.

One of the biggest shifts has been an influx in outside money into the industry in the form of “green financing” — bonds, loans and other assets earmarked for renewable energy projects around the world.

The rise of the green financing market shows how investors are starting to take renewables more seriously — and it could signal a major transformation of the renewable energy market over the next few years.

Green Finance

Green Financing May Accelerate Renewable Energy Projects

Green financing is a catch-all term for investment in financial vehicles related to renewables and other green industries. Assets, bonds and funds related to renewable energy and other green investments make up the green financing market. In recent years, a robust green financing market has become widely viewed as essential to accelerating the development of new renewable energy technology projects.

Green finance is growing fast. In 2012, the sustainable debt market — including “green” and sustainable bonds and loans — was worth only around $10 billion, according to data from BloombergNEF. In 2018, just six years later, the market was worth nearly $250 billion.

Most of these gains came in the form of new green bonds (sometimes also called “climate bonds”), which are fixed-income investments designed to raise money for new renewable energy projects.

The growth of green financing represents a slow but noticeable divestment away from fossil fuels.

The pivot may also represent a change in how businesses are structured. The growing popularity of bonds as an investment vehicle may enable community co-ops rather than corporations to become a more viable business model for renewable energy providers. For example, the Westmill Solar Cooperative in the United Kingdom has raised more than £6 million ($7.94 million) through bonds offered to investors.

While coil, oil and natural gas are likely to remain a good investment in the short-term, the strength of the green financing market does seem like a signal that, over the next 10 to 20 years, non-renewables will become less and less tempting for investors compared to renewable and sustainable investments.

How Green Financing May Change Energy Around the World?

As the green finance market grows, regulators are beginning to codify what counts as a green investment.

In the EU, for example, regulators recently debated whether plastics manufactured from entirely recycled materials could count as a “sustainable” investment under European finance laws.

These new definitions and regulations may determine which industries receive major funding and which are left out of the green financing boom.

Nuclear energy, for example, is generally not regarded as renewable energy, but is sometimes considered sustainable. Nuclear power plants generate waste, but they also produce zero emissions, unlike fossil fuel-fired power plants.

Natural gas is also not considered renewable or sustainable, as it is a fossil fuel and produces significant carbon emissions when burned for power. However, some proponents of the energy source argue that it should be considered sustainable, as it produces significantly less carbon dioxide than similar fossil fuels.

green-financing

In 2019, EU regulators reached a deadlock over whether or not nuclear and natural gas power plants should count as sustainable investments. In a final compromise, EU lawmakers ruled that both nuclear and natural gas projects were neither included nor excluded in the definition of sustainable by default. Instead, projects would need to prove that they “do no harm” on a case-by-case basis.

Similar rulings and legal challenges could shape the future of energy as governments around the world grapple with the challenge of shifting away from fossil fuels.

A Coming Sustainable Energy Revolution

The rise of the green finance market may change what alternative energy looks like around the world. Legal debates over what should count as “renewable” or “sustainable” may affect which projects receive funding, while bonds and loans may make community cooperatives that provide renewable energy more practical.

As fossil fuels become less attractive to investors and the renewable energy market grows, green financing is likely to have major impacts on the future of renewables.

How Do You Get a Solar Rebate?

The U.S. government understands the importance of reducing our reliance on non-renewable energy sources so the IRS began offering federal tax incentives for citizens and business owners who install solar electric equipment at their home or business.

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Frequently Asked Questions About Solar Rebates

Below you’ll find some of the most common questions about getting a solar rebate and how using solar energy can be beneficial in multiple ways:

How do tax credits work?

A tax credit is a dollar for dollar reduction in the total amount of income tax you owe. That means if you claim a 500$ federal tax credit, then your taxes will be reduced by 500$.

How do I get a federal solar tax credit?

You may be eligible for a solar tax credit in the following instances:

  • Your solar PV system was installed between January 1, 2006, and December 21, 2021
  • The solar PV system is located at your primary, or secondary residence, or apart of a community solar project
  • You own the solar PV system and it does not have a lease
  • The solar PV system is new or being used by you for the first time

Check brooklynsolarworks.com for more information about solar incentives, and using solar energy in your home.

What is the current federal solar tax credit?

The solar PV cell needs to have been installed by December 31, 2019, to receive a 30% credit. PV systems installed in 2020 will see a decrease in the credit to 26%.

When will the solar tax credit change?

The future of solar energy is influx over the next few years.  For those systems installed in 2021, the credit will be decreased to 22% and the current solar tax rebate expires in 2022 unless the government decides to renew it.

What expenses does the solar tax credit cover?

The solar tax credit covers the following expenses:

  • Solar PV panels and cells used to provide power for an attic fan, but not the fan
  • Contractor fees for system installation including the preparation, assembly, permits, inspections, and developer costs
  • System accessories including the wiring, inverters, and mounting equipment
  • Sales taxes on eligible solar equipment and accessories
  • Energy storage devices charged exclusively by the solar PV panels

Can you claim a solar tax credit more than once?

The solar tax credit only applies to new equipment being installed. If the equipment has been claimed before, then it cannot be claimed again.

Are federal solar tax credits refunds?

The solar income tax credit does not issue a refund check and instead is applied as a credit against the amount of taxes that you owe.

Do federal solar tax credits rollover?

Normally you’ll receive your federal tax credit in the following year after installation of your system, however, if you are unable to use the entire tax credit, then the rebate can be rolled over for up to five years.

How do I file the solar tax rebate?

You must complete IRS Form 5695 and attach it to your federal tax return to take advantage of the solar tax rebate and it will be applied the following year.

Do I have to be a homeowner to claim the solar rebate?

You don’t have to be a homeowner to apply for the tax credit. Tenants that contribute to the costs of an eligible solar system could apply for the tax credit. The tenant must be the owner or part-owner of the solar PV system.

Financing of Solid Waste Management Projects

Financing of solid waste management projects can be pretty overwhelming for the city government, especially if the government see it as a critical part of the service they should render to the citizen and if the citizen also hold it as a basis for measuring the performance of the government and using it as one of the conditions for re-election.

The increasing cost of waste disposal is a cause of major concern in developing nations

Solid waste management entails different aspects. Generally speaking, waste management consists of pre-collection, collection, transportation, storage, treatment, and disposal. The modern hierarchy of waste management includes prevention, minimization, reuse, recycling, energy recovery, and disposal.

All these aspects require proper funding in rendering a good waste management service to the society. As citizens, we hardly give any thought to the different aspects and what it takes to ensure it is carried out efficiently and effectively.

Financing Options for Solid Waste Management

There are four different options for financing of solid waste management projects. The option chosen will be dependent on various factors. The chief factor will be “what is the end goal of providing waste management service to citizen” and this is to be determined by the city government. Therefore, we say finance option is directly related to waste management goal of a city or State.

Public Financing

This primarily involves funding of waste management service entirely by the government through budgetary allocation. The government determines how it will generate the cash for service and this can be through taxation or redistribution of funds generated from other sources like sales of city natural resources or combination of various sources of funds.

In developing countries, this is generally inefficient due to the corruption within the government and lack of proper waste management capabilities in most instances. The government might decide to charge a service fee or not.

Private Financing

This involves infusing funds from the private sector into waste management service and also overseeing day-to-day running of the service. However, the hired company will charge a service fee which will be determined by calculating the amount of invested funds, operating cost, and profit envisaged. This will be spread over a period of time.

This financing option can deliver optimal result in providing waste management service but the private sector needs to be checked in order not to set a high fee that will end up scaring citizens which might lead to citizen abhorring the service.

Public-Private Partnership (PPP)

This is a special type of arrangement which brings together the government and private sector in providing funds and management capabilities for the delivery of waste management service.

All things being equal, this arrangement is best because the government will be able to regulate and have a say in how the service should be delivered especially as it relates to the setting of service fees which might be difficult in the solely private financing option. The PPP can equally be extended to be a Joint Venture (usually termed as Institutional PPP).

Donors and Grants

This funding mechanism is dependent on the interest of the donor organization. While it is a good way to develop a city’s waste management infrastructure, attracting and utilizing grants is solely reliant on what the donor considers as important. Hence, it might be difficult for a city government to dictate how the funds should be distributed among the various aspect of waste management.

Waste management projects based on public-private partnership (PPP) model has more chances of success in developing countries

However, this type of financing can be combined with a PPP arrangement to cater for a specific waste management aspect that is in tandem with the interest of the donor and can be part of the city government contribution to the PPP.

Conclusion

In conclusion, waste management financing is quite dynamic just like many other services and infrastructure provided by a city government and the best option for financing the provision of waste management service can only be made after appropriate due diligence and consultation with relevant stakeholders has been made and observed.

Scalability of Bitcoins: Everything You Need to Know

Have you got bitcoins in your pocket? Having bitcoin is not enough; you also need to know about the scalability option of bitcoins. In this world full of numerous currencies and cards, how scalable are bitcoins? In this article, we will discuss the scalability of bitcoins.

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How competitive are bitcoins?

The competitiveness aspect of bitcoin has been in the debate in the crypto community for a long duration now. Satoshi Nakamoto has programmed the block of size up to 1MB to prevent the network spam, but he also created bitcoin liquidity.

Each bitcoin block takes up to an average of 10 minutes to process, and only a small proportion of transactions can go through. For a system that claims to replace fiat payment, this is a significant barrier related to bitcoins. Let’s look at this scalability aspect of bitcoins with an example. While the visa payment system can process up to 1700 transactions in a second, bitcoins handles up to 7 trades in a second. Thus, an increase in demand for bitcoins will cost more transaction fees, and therefore, the utility of bitcoins will get affected.

The scalability aspect of bitcoins has led to numerous technological advancements and innovations in this field. Undoubtedly, much design has been made over a decade, but a sustainable solution is still unclear.

A few years back, few researchers claimed that increasing the block size could be a significant solution to solve the scalability option, but the process and the idea were not as simple as it seemed. This innovative approach just remained on paper as it could not be finalized how much the block size could be increased. While some proposals climbed to increase the block size by two MB, others climbed that eight MB could be useful.

The core team who focussed on the development of blocks argued that the increase in block size would weaken the process of decentralization, and it will also give more powers to the bitcoin miners who have more giant blocks. In addition to this, miners would look for bigger and faster machines, which may influence the bitcoins’ profitability aspect.

One of the most significant issues faced by bitcoins was that everyone did not agree with the changes needed. People claimed that how can a system-wide change be made if the participation is decentralized.

In addition to this, few strategists and scholars claimed no need to mess with bitcoins. If you don’t like it, you can easily modify the open-source code, and you can quickly launch your coin.

Pieter Wille developed one of the most significant solutions to this issue, and the process was called SegWit. As per this new process, bitcoins’ capacity could be easily increased without changing the size limit. The SegWit system was initially started by the Bitcoin system in the year 2017 by a soft fork to make it compatible with nodes that could not be upgraded. While different types of bitcoin wallets are adjusting their software, others do not agree to this, as they think about the risk and additional cost associated with it.

types-of-bitcoin-wallets

In the year 2017, another significant change came up in the field of bitcoin. A new approach was revealed, which was called Segwit 2X. This idea was backed by different bitcoin exchanges. As per the changes, it was decided to increase the block size up to 2 MB. This change was expected to increase the capacity of the transaction up to 8 times.

Over the past few years, different technological advancements have taken place to increase block capacity. One of the most significant advancements associated with bitcoins is the Schnorr signatures. This approach will help in consolidating signature data, and it will also reduce the space taken by bitcoin blocks. Thus, the process would lead to a more significant number of transactions without changing the limit or the size of blocks.

The need for a more significant number of transactions is still the need of the hour. The development of new features will increase the functionality, and it will unlock the vast potential of bitcoins.