Tag Archives: mcafee

Markethive Update

Thank God for Bitcoin!

This message is multi purpose. 

1. First what has transpired in the last year and how Bitcoin saved my life

2. How Bitcoin (the entire industry) can save your life as well.

One year ago on February 23rd, I suffered heart failure and literally died at the Mayo clinic. Prior to that, I had earned a sizable amount of Bitcoin from a successful marketing campaign launching an ICO near the end of 2016. That money was going to be used to reengineer Markethive to relaunch as a 3 level affiliate program.

2017 was a year of change, struggle and overcoming, adversity. I should write a blog about it (actually this has turned into a blog), but in this summary some back story is required. Last year, new visions, new directions and new partners, I moved to a new home, got a new car,  spent 6 months of intense physical therapy and diet to reverse the heart failure, the diabetes and the Lord and I persevered together.

My Health Insurance Company had also gone out of business (Thanks Obama and Pelosi) so I also got saddled with huge medical bills. During this time of challenge and adversity, I persevered and thanks to Bitcoin was able to pay the way through this adversity, keep the engineer at Markethive paid, keep the datacentre paid and come out of it, in good health, overcoming the diabetes and totally restoring the heart (A miracle) and impressed the doctors. Yaaaaaay!

I was praying for a vacation, so was this the vacation?

Because I was not able to do business, I was focused on restoring my health from ground zero. Thanks to my first ICO (A crypto thing) I made a fair amount of Bitcoin. And selling some every month against its meteoric price increases gave me the time and income to save my life.

When I was given the excellent diagnostics in June that I had overcome diabetes and heart failure, it was time for me to get back to business where as all my previous income had come to a halt.

My entry back to working was dogged with Bitcoin opportunities called Lending coin deals. “USI Tech”, “Bitconnect”, “The Trade Coin Club”, “Jetcoin”, “Gladiacoin”, “Laser Online”, etc. I am sure you have heard of at least one of these. With the losses these represented and the continued research I discovered mining options and got caught up in yet another scam (every one so far was a scam) called Mining Max and that is when I backed off and I took a new focus on what exactly I was doing and what was going on.

To be honest, I had been sidelined for over 6 months with this Heart Failure illness, and those I had entrusted to keep my businesses moving, webinars, 3 ways, support, etc. failed me. This left me coming back to a ship that was dead in the water.

Therefore I was a little too quick to jump and get the income rolling back in. I was guilty of the very thing I mentor others not to do. GUILTY! So I regrouped and repented and restabilised my faith back to the Lord (Jehovah, Yeshua, The Almighty) and trusted Him.

In my deeper research into Bitcoin production options  I was tutored in mining by Joe Able (A founder in a mining DAO called Bitclub) and also began my own research into Day Trading, Arbitrage (Lending Coin Ponzis), Mining (both home, cloud and datacentre options), and a greater understanding of ICO (Initial Coin Offers).

My education of the blockchain technology began over 2 years ago including my education about wallets (I now have over 20 types of crypto wallets), coin exchanges (I have active high security accounts with all the top exchanges) and a solid understanding how to trade, how they work, the various interfaces etc.

But it was my discovery of faucets that caught my curiosity, and as I started down that path, it dawned on me; there is a vast resource for the disciplined, determined and clever to produce wealth if one could figure out the faucets that work, and pay. I was inspired to pursue this to build a semi-automated system so people who are flat broke, dirt poor, homeless, unemployed, under retired, etc. have a path to the promised land of the Bitcoin revolution and subsequent wealth.

Someone had to do it and apparently this project fell on my desk and I took it on. (In reality, which I visit often, I am sure others have put similar guides together for the same reason)

Some 500 hours later, and 6 months, I have emerged with a top ranked selection of Faucets and a 3 part 20 minute cycle which done consistently has the potential of producing upwards of 2 million dollars in a year of dedicated work and at least produce $300 – $500 per month with limited daily production.

The system is part video, part blog and part web based automation. Since this initial writing was to be an email, it has now become a blog, so now I can extrapolate a bit more, yes?

You need to stop fearing, you need to break out of the main stream mantra, you have an opportunity in front of you that has never occurred in the history of man and will not wait long for your action.

If you have money, invest in Bitcoin, if you do not, then learn about this new technology and put the time in to earn the free Bitcoin I have shown you how to do on my next blog.

For those that come to my webinars, I also have free incentives for you as well, free T-Shirts, Hoodies, and Gold and Silver coins. Just take action. Or you are going to miss the greatest opportunity to lift yourself out of your financial challenges.

The “how to do it” blog…


Chris Greens Bitcoin Academy (I belong)

Sincerely and blessed to still be alive

Thomas Prendergast

Thomas Prendergast

The Blockchain Explained

Blockchain explained in plain English


Understanding how blockchain works and identifying myths about its powers are the first steps to developing blockchain technologies

Video: Blockchain in 60 seconds

After spending two years researching blockchain and the evolution of advanced ledger technologies, I still find a great spectrum of understanding across my clients and business at large about blockchain. While ledger superpowers like Hyperledger, IBM, Microsoft and R3 are emerging, there remains a long tail of startups trying to innovate on the first generation public blockchains. Most of the best-selling blockchain books confine themselves to Bitcoin, and extrapolate its apparent magic into a dizzying array of imagined use cases. And I'm continuously surprised to find people who are only just hearing about blockchain now.

It can seem that everyone is talking about blockchain and ledger technologies, but the truth is most people are not yet up to speed. No one should be shy to ask what blockchain is really all about.

Many blockchain primers and infographics dive into the cryptography, trying to explain to lay people how "consensus algorithms", "hash functions" and digital signatures all work. In their enthusiasm, they can speed past the fundamental question of what blockchain was really designed to do. I've long been worried about a lack of critical thinking around blockchain and the activity it's inspired. If you want to develop blockchain applications you only need to know what blockchain does, and not how it does it.

So I've written a report that explains how the blockchain works. It examines the founding principles of blockchain, describes its properties, and dispels common myths about its powers. The explanation below is an abridged excerpt from the report.


Blockchain is an algorithm and distributed data structure for managing electronic cash without a central administrator among people who know nothing about one another. Originally designed for the crypto-currency Bitcoin, the blockchain architecture was driven by a radical rejection of at (government-guaranteed) money and bank-controlled payments.

Blockchain is a special instance of Distributed Ledger Technologies (DLTs), almost all of which have emerged in Bitcoin's wake.


Blockchain is a Distributed Ledger Technology (DLT) that was invented to support the Bitcoin cryptocurrency. Bitcoin was motivated by an extreme rejection of government-guaranteed money and bank-controlled payments. The developer of Bitcoin, Satoshi Nakamoto envisioned people spending money without friction, intermediaries, regulation or the need to know or trust other parties.

Technically, the original blockchain is separable from Bitcoin, but this report will show that the blockchain design is so specific to Bitcoin that it's not a good fit for much else.

The central problem in electronic cash is Double Spend. Because pure electronic money is just data, nothing stops a currency holder from trying to spend it twice. Blockchain solves the Double Spend problem without a digital reserve fund or similar form of umpire.

Blockchain monitors and verifies Bitcoin transactions by calling upon a decentralized network of volunteer-run nodes to, in effect, vote on the order in which transactions occur. The network's algorithm ensures that each transaction is unique.

Several thousand nodes make up the Bitcoin network. Once a majority of nodes reaches consensus that all transactions in the recent past are unique (that is, not double spent), they are cryptographically sealed into a block. Each new block is linked to previously sealed blocks to create a chain of accepted history, thereby preserving a verified record of every spend.

The Bitcoin blockchain's functionality and security results from the network of thousands of nodes agreeing on the order of transactions. The diffuse nature of the network ensures transactions and balances are recorded without bias and are resistant to attack by even a relatively large number of bad actors. In fact, the record of transactions and balances remains secure as long as a simple majority (51 percent) of nodes remains independent. Thus, the integrity of the blockchain requires a great many participants.

One of the Bitcoin blockchain's most innovative aspects is how it incentivizes nodes to participate in the intensive consensus-building process by randomly rewarding one node with a fixed bounty (currently 12.5 BTC) every time a new block is settled and committed to the chain. This accumulation of Bitcoin in exchange for participation is called "mining" and is how new currency is added to the total system afloat.

Posted by

Thomas Prendergast

Original article is here: http://www.zdnet.com/article/blockchain-explained-in-plain-english/


Thomas Prendergast