Charles Hoskinson is best known today as a co-founder of both Ethereum and IOHK, where he leads the research, design and development of Cardano. But before these projects, there was Bitcoin. Back in 2013, he was the founding chairman of the Bitcoin Foundation’s education committee and established the Cryptocurrency Research Group.In an interview with Bitcoin Magazine during the recent StartEngine Summit, Hoskinson began by saying that he views Bitcoin as a series of experiments to try and realize two key concepts:“Can we achieve a decentralized form of value transfer or some sort of proto-money, and, instead of having a central entity issuing a token and securing it, can we release something decentralized with a secure ledger? And, if that happens, will it achieve real value in the marketplace?” In the early days, said Hoskinson, it wasn’t clear if this thing was going to survive or not. “It actually took several years for that to turn into the bitcoin we know and love,” he said. “It had huge volatility in price. The volume would be $1,000 a day, the hashrate would go way up and way down. Some people would say, ‘Eh, I don’t wanna mine anymore.’ They’d turn their computer off, and the network would lose 30 percent of its hashrate.” But the sea of change for Bitcoin took place in 2013. “As the market cap hit one billion, people started taking it really seriously. Many people entered the space, and, at tha...
11/19/2018 / 20:08:07
The Lightning Network continues to post steady growth.According to data from 1ML, the network is now supported by roughly 4,069 nodes, which house just over 12,500 payment channels, an average of 10.91 channels per node (at time of publication). Most of this growth has come in the later half of 2018, as the average age of each node is just 137 days old.With infrastructural growth, the network is also seeing an uptick in liquidity. The network’s collective capacity now stands at 198.32 BTC, which, at bitcoin’s current price, means the Lightning Network holds over $1 million worth of bitcoin for the first time in its less-than-one-year history. The average capacity for each node and payment channel comes in at 0.114 BTC ($633) and 0.019 BTC ($107) respectively, and with transaction fees at 1 sat (roughly $0.000056), the network’s promise to deliver low-cost microtransactions is holding up.A long-awaited development in the cryptocurrency space, the progress of the Lightning Network has been watched with great interest by the community. Heralded as a potential solution to Bitcoin’s the scalability problem, the Lightning Network operates as a secondary layer on top of Bitcoin’s base network. After its launch in early 2018, the Lightning Network saw immediate interest from developers, who began building various Lightning applications on the network. Alongside its use as a secondary layer for micropayments, ma...
11/16/2018 / 22:17:47
South Korea’s leading technology university, the Korea Advanced Institute of Science and Technology (KAIST), is working with Theta Labs, the first blockchain-based video delivery system, to introduce students to an entirely new set of coursework regarding the applications of blockchain technology. “We’re kicking things off with a seminar at the electrical engineering school this Friday [the 16th] where we’ll be providing a high-level overview of blockchain technology and current trends in development,” Theta Labs CEO Mitch Liu told Bitcoin Magazine. “We’ll also start a student club focused on the Theta project, where we’ll work with students to start building applications on the open-source Theta blockchain alongside our engineering team. In Q1 2019, our team will be teaching a one-week course at the K-School at KAIST, which is the university’s entrepreneurship-focused program. This will be a wide-ranging course on building a successful startup, from establishing a team and fundraising to go-to-market strategies.”KAIST is just the latest in a growing number of post-secondary institutions, including MIT and the University of Edinburgh, that have added blockchain-related courses to their curricula. Liu claims that South Korea is one of the most important leaders in the blockchain space, and that its biggest contribution is its ongoing investment in blockchain education and development. “The Ministry of S...
11/14/2018 / 22:26:55
Jared Polis (D-CO) and Gavin Newsom (D-CA) both won out against their respective Republican contenders last night, November 6, 2018. While their campaign points and platforms were capitalized by a progressive agenda, their favorable attitudes toward cryptocurrencies and blockchain technology have caught the crypto community’s attention. Congratulations to early Bitcoin advocate @jaredpolis on being elected Governor of Colorado! "Polis said that he will use his powers in Congress to fight against any attempts by the government to enact policies that restrict the growth of bitcoin" - 2014 pic.twitter.com/LOjTsYwiyK— Francis Pouliot (@francispouliot_) November 7, 2018For Gavin Newsom, this support comes from a simple yet pioneering decision to accept bitcoin as a campaign donation in 2014 when running as an incumbent candidate for California's Lieutenant Governor seat. One of the first politicians to do so at the time, Newsom signaled the donation option as an understated endorsement of the technology.“I should promote the technology ever so subtly by saying I'll accept bitcoin in the campaign. I'm ready for it. But how the hell do I explain it to anybody?” Congratulations to early Bitcoin adopter @GavinNewsom on being elected Governor of California! "I should promote the technology ever so subtly by saying I'll accept bitcoin in the campaign". "I'm ready for it...
11/07/2018 / 17:44:02
As Bitcoin approaches its 10th anniversary, its community, old and new, has begun taking stock of how a decade has come to alter or define the cryptocurrency — and what Bitcoin has done to alter or define the decade.Ten years has invited room for undeniable change. Bitcoin has seen roughly half a dozen market cycles, spawned a secondary market of more than 2,000 altcoins and laid the foundations for a surging blockchain industry. It has evolved from the obscure interest of cypherpunks and crypto anarchists to a viable, private currency that has provided a financial lifeline to underbanked, underprivileged populations in floundering economies. There are few voices so well equipped to reflect on the changes as Andreas Antonopoulos. One of Bitcoin’s chief evangelists and arguably its most vocal educator, Antonopoulos has spent the years following his industry entrance in 2012 traveling around the world to share his knowledge on the subject. His books, which include Mastering Bitcoin, The Internet of Money, Vol. 1 and 2 and the forthcoming Mastering Ethereum, are praised as some of the space’s most thorough and informative reads.His impact on the space is something of a widely-recognized truth, one that has made him one of the industry’s most-respected and definitive thought leaders. While others were getting rich, he was enriching the community, reminding others that bitcoin is about much more than lambos ...
11/07/2018 / 16:56:07
A number of cryptocurrency exchanges have reportedly cut ties with Iran after the U.S. imposed tougher economic sanctions against the Islamic Republic. Sepehr Mohammadi, head of Iran’s Blockchain Community, told local media that Binance and Bittrex are some of the platforms to have unofficially dropped Iran from the list of supported countries to receive services. […]Bitcoin News.
11/07/2018 / 03:00:28
Exchanges | Binance | Bitcoin | Bittrex | Cryptocurrency | Digital Currency | Exchange | Iran | Iran Blockchain Community | Mike Pompeo | N-Featured | Sanctions | Sepehr Mohammadi | U.S. | | Exchange|BTC|Blockchain
BTC Inc, the parent company of Bitcoin Magazine, is excited to announce the hiring of Andrew Fleming to be the new head of its media division. The addition of Fleming to BTC Inc’s management roster is the latest example of an emerging trend of big-name talent leaving institutions in order to join the crypto and blockchain industry.Before coming to BTC Inc, Fleming was the Head of Content Platforms at Dow Jones, parent company of the Wall Street Journal, MarketWatch, Barron’s and many other leading publications. Prior to Dow Jones, Fleming was the VP of Product at Business Insider, where he was instrumental in building the company from a 13-person startup to a global media powerhouse. This move comes a few months after BTC Inc’s hiring of Jarrod Dicker, former VP of Innovation at the Washington Post, to be CEO of Po.et, a media blockchain initiative seeking to recapture value for content creators.Fleming’s new role will encompass all parts of the BTC Inc media division: Bitcoin Magazine, Distributed.com, Distributed events, The Let’s Talk Bitcoin network of podcasts, and print properties.“There’s lots of excitement in crypto, of course, and it’s something I’m really interested in,” said Fleming. “At Dow Jones we look at what’s happening and report on what we see, but to really understand the space, however, you have to be in it. That’s what landed me in a crypto media company.”He added: “I come from a sc...
11/06/2018 / 14:54:57
Consumer protection lawyer Jeffrey Berns is the owner and CEO of Blockchains LLC, a company that bought more than 67,000 acres of land in northern Nevada for $170 million earlier this year. On Thursday, he revealed plans to build a crypto city in the desert, claiming to have invested $300 million to make it a […]The post Lawyer Invests $300 Million to Build Crypto City in the Nevada Desert appeared first on Bitcoin News.
11/04/2018 / 19:30:02
News | 3D Printing | Artificial Intelligence | Bitcoin Friendly Bank | Blockchains LLC | Bunker | City | community | crypto | cryptocurrency industry | eSports | Ethereum | Jeffrey Berns | N-Featured | nanotechnology | Nevada | Nuclear | Sandbox City | Town | | BTC|ETH
The alleged Bitcoin-focused company Blockstream has raised over $100 million publicly, but has yet to be forthright with the Bitcoin community. It’s time for people within the Bitcoin space to start holding them accountable. Blockstream’s dishonesty should have a bright light shined on it so everyone is aware of their manipulation and deceit. Also read: Bitcoin […]The post Blockstream: When Will the Level of Dishonesty and Manipulation End? appeared first on Bitcoin News.
11/03/2018 / 19:00:28
Op-Ed | Adam Back | Allen Piscitello | Alphonse Pace | BCH | bitcoin cash | Bitcoin Community | Bitcoin Core | Blockstream | BTC | deceit | Deception | Greg Maxwell | lies | lightning network | Liquid | N-Featured | Op/Ed | Samson Mow | | BTC|ICO
On October 31, 2018, we celebrate the 10th anniversary of Bitcoin’s white paper, the seminal literature of Satoshi Nakamoto’s creation and the new cryptographic field he introduced with the blockchain.Since its release, the white paper has become a must-read for crypto enthusiasts, be they fledglings or veterans, investors or coders. Part technical primer, economic treatise and constitution, our community has canonized the document as something of a blockchain bible, one that has done its fair share of proselytizing followers over the years. Following the white paper’s release, Bitcoin’s genesis went on to spawn a sprawling ecosystem of altcoins and other related blockchain applications that would continue Nakamoto’s work in numerous iterations.So for the white paper’s 10th anniversary, it’s only fitting that we revisit the promethean spark that allowed us to rediscover how value can be defined and money managed. You can read the document, “Bitcoin: A Peer-to-Peer Electronic Cash System,” here. If you’ve never read the white paper, there’s no time like the present, especially when the present is 10 years into the future that the document first laid out."Bitcoin: a Peer-to-Peer Electronic Cash System": Read It Here.There’s also no time like the present for looking back on how far Bitcoin and blockchain technology — and the community that has grown up around them — have come.From October 31, 2018, through...
10/31/2018 / 19:18:35
When the Tezos (XTZ) fundraiser took place in July of 2017, the original plan was for development to be completed in 3 to 4 months before a production network would be released, at which point ICO participants could collect their coins. Following the ICO, which was the largest one-time fundraiser in blockchain history at the […]The post Regulatory environment hinders Tezos (XTZ) with crypto exchanges appeared first on Crypto Insider.
10/23/2018 / 17:32:21
We have all listened to no-coiner acquaintances reasoning that, ''Bitcoin is purely virtual, so the price could crash to nothing”. But why are they wrong? Who are the heroes that stop the drop in a bear market cycle? These, my friend, are Bitcoin’s Buyers of Last Resort. What Goes Up… The rise of bitcoin has depended on increasing adoption, occurring as more people discover, then desire, then buy bitcoin. If only this discovery was purely organic,Read MoreBitcoinist.com.
10/19/2018 / 22:00:37
Glassdoor Economic Research is delivering much needed good news to the crypto community saying that despite extreme price volatility and regulatory uncertainty, the number of crypto jobs in the blockchain and cryptocurrency sector has risen by 300 percent since the same time last year.Saying that “the professionalism of the space has accelerated,” the report notes that “continued growth in job openings suggests that blockchain employers remain confident in the market opportunity and continue to make long-term investments in their teams.”Using their substantial job search site to search out blockchain and cryptocurrencies jobs, Glassdoor Research learned that, in August 2018, there were 1,775 unique blockchain-related job openings in the U.S. By comparison, in August last year, there were only 446 similar job listings, representing a 300 percent year-over-year increase.“Hiring and jobs is a much more stable metric to observe when looking at the health of an industry, compared to the stock market or currency values that can, and do, fluctuate daily,” Glassdoor economist Daniel Zhao, who worked on the study, told Bitcoin Magazine:“What the strong surge in job growth that we see on Glassdoor shows is that there is a clear interest in investing in workers with skills related to Bitcoin and other digital currencies.”"Bitcoin-Related" Skills Are in DemandOne of the report’s surprises is that more cryptocurrenc...
10/18/2018 / 18:27:42
Following a partnership between Samourai Wallet and goTenna, which now allows users to send bitcoin transactions offline, one developer in New Zealand is staying ahead of the curve.Detailing the feat in a series of tweets, Rigel Walshe used a $27 entry level, Android smartphone and four goTennas (portable devices used to create off-grid radio signals) to successfully send a bitcoin transaction without access to the internet. Over the weekend I sent a bitcoin transaction to a relay 12.6km away with no cell network or internet connection. Here's a tweetstorm about how I used @gotenna and @SamouraiWallet to do it— Coinsure (@Coinsurenz) October 16, 2018Here’s how he did it.Working in Auckland, New Zealand, Walshe used Google Maps to devise a relay route that would respect goTenna’s stated maximum relay range of 6.4 km (though he notes this region is mountainous, so it was important to find high ground so as to not have any land structures interfere with the signals).As Walshe set up each goTenna, which has a concealed relay station, he sent a transaction to see if it effectively went through. His girlfriend was waiting on the other side of each transaction, with her smartphone connected to the goTenna mesh network Walshe created. (Although an internet connection was not needed in order to receive the transaction, she was only able to confirm that the transaction was successful by checking the ...
10/17/2018 / 21:36:26
The explosion of the crypto space over the past couple of years has been massively beneficial for the industry and life changing for many of its legacy members. However, that’s not to say it was unilaterally good: veteran participants will often cite the loss of charm, wholesomeness, and support as the community grew and drifted […]NullTX.
10/17/2018 / 18:17:03
Published on CoinnounceJustin Yuchen Sun tweeted on 12th October 2018 that TRON; for the first time was partnering with a billion dollar industry giant. Finally, First time to partner with tens of billions USD valuation industry giant. Guess the name 😊#TRON #TRX $TRX — Justin Sun (@justinsuntron) October 12, 2018 The rumor giant later turned out to […]Coinnounce.
10/16/2018 / 07:16:21
#TRON | Altcoins | Cryptocurrency | Expert Take | News | Opinion | Price Analysis | Trading | TRON | Blockchain | daytrading | Justin Sun | Justin Yuchen | Justin Yuchen Sun | Tron | tron blockchain | tron chart | TRON community | tron forecast | TRON founder | TRON fraud | tron future | TRON misleading | TRON partnership | tron prediction | tron price | tron price 2018 | tron price today | TRON Scam partnership | TRON team | TRON TO USD | TRON TRADE | tron trading | TRX | TRX analysis | TRX exchange | TRX exchange rate | TRX forecast | TRX future | TRX prediction | trx price | TRX PRICE ANALYSIS | TRX TO USD | TRX trading | TRX USD Chart | TRX/USD | trxusd | | TRX|Blockchain|Trading|Altcoin|Fiat
On October 13th, Litecoin celebrates the 7th anniversary of its launch. Given this major accomplishment, we can safely say that Charlie Lee’s digital silver project is the longest-running and most time-tested altcoin of all time. Unlike Namecoin, Peercoin, Devcoin, Novacoin and Terracoin (all of which are basically abandoned and obscure by now), Litecoin continues to […]Crypto Insider.
10/13/2018 / 15:40:56
The number of blockchain-related companies in Switzerland and Liechtenstein has doubled in the last year, according to a new study published by CV VC.The Zug-based firm, in partnership with Strategy& (PwC’s global consulting arm) and inacta, compiled information about the top 50 blockchain and digital asset companies between the two countries. The report also highlights blockchain activity in Zug, Switzerland’s Crypto Valley — a moniker it’s earned for its resemblance to the United States’ own Silicon Valley. While Crypto Valley originated in Zug, it has since expanded to include much of the surrounding territories, including the whole of Switzerland and neighboring Lichtenstein. And that moniker seems more relevant now than ever. The report reveals that there are over 600 blockchain-related companies in Switzerland and Liechtenstein, and that over 3,000 individuals are employed by them. The top 50 listed ventures covered by the report sport a combined market cap of roughly $44 billion, and five startups are valued at over $1 billion each. To earn a coveted spot in the report, companies were required to meet specific guidelines, the first being that blockchain technology must be part of their core business. The second was that a venture must employ at least one person either in Switzerland or Liechtenstein, while the third was that it must somehow contribute to the growth and expansion of Crypto Va...
10/10/2018 / 21:18:10
Civil, an Ethereum-based platform with a heady bid to save journalism, has partnered with Forbes to help the 100-year-old publisher keep its stories free from meddling hands.Matt Coolidge, Civil cofounder, made the announcement today, October 9, 2018, in a blog post. He called the partnership a “major milestone for blockchain-based journalism.” Salah Zalatimo, senior vice president of product and technology at Forbes, said the partnership would allow the media company to provide “unprecedented transparency” around content. Forbes plans to try out the Civil system next year. Kicking off the process, Forbes will integrate Civil’s software with its own custom-built content management system known as Bertie. Once that process is complete, journalists working under the Forbes umbrella will be able to upload metadata (information pertaining to who published a story and when) to the Civil network at the same time they upload their stories to Forbes.com. The hope is that publishing this metadata onto the blockchain will help to establish the author’s identity and credibility. For added assurance, a Civil “badge” will appear next to articles as a signal that the content’s metadata has been recorded to the blockchain. Forbes will start experimenting with a sampling of content (starting with its blockchain-related stories) in Q1 of 2019. If all goes well, the media company will begin uploading metadata from all o...
10/09/2018 / 22:59:12
The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves.But the Chinese government’s ire is not just outward-facing. As a country where ICOs are currently not allowed, exchanges have had their bank accounts frozen, and internet and mobile access to cryptocurrency trading information has been banned, China is taking an equally hard line on a wide range of crypto-centric activities within its own borders. All this despite a stark dichotomy, wherein over 50 percent of the worldwide mining population resided within its borders in 2017, and cryptocurrency adoption is outpacing most other countries. While trade war bullets may be flying thick and fast between these two mega-economies, the key to a better Chinese blockchain sector just may be unlocked by deploying cooperative forces in the United States, as seen by the recent launch of a New York City office for the China Blockchain Application Center (CBAC). The CBAC NY was founded with the hope of paving the way for rapid blockchain adoption in China, in part by picking up regulatory best practices from the United States, all while fostering blockchain and crypto collaboration between the two nations.An early-s...
10/09/2018 / 20:38:40
On Monday, Oct. 8, Jonald Fyookball, the lead developer of the bitcoin cash-centric light wallet Electron Cash, revealed he has developed a crowdfunding module for the Electron Cash wallet. The feature allows anyone to raise funds from within the Electron Cash wallet through a process that uses the Bitcoin protocol’s Sighash flag. Also Read: Rapper Soulja […]Bitcoin News.
10/08/2018 / 23:15:23
Wallets | BCH | bitcoin cash | community | coordination | crowdfunding | crowdfunding module | Electron Cash | fundraising | Jonald Fyookball | Light client | N-Featured | projects | Proof of Concept | Sighash Flag | Testing | Wallet | Yours | | BTC|ICO
Published on CoinnounceAbout fourteen days back, and on the 28th of September, the Tron team (TRX) informed the community that the activation of the Tron Virtual Machine would be done at the very latest the eighth of October. The activation was pivoted upon an agreement after voting on the stage. Affirmation of Activation of the TVM […]Coinnounce.
10/08/2018 / 12:08:58
#Tron Price Analysis | Altcoins | BLOCKCHAIN | Blockchain Uses | Cryptocurrency | Decentralization | News | Trading | TRON | trc20 | Tron | tron bull | tron coin | TRON community | TRON latest news | TRON news | TRON on the moon | tron price | TRON PRICE ANALYSIS | TRON to BTC | TRON to dollar | TRON to the moon | TRON TO USD | TRON tokens | TRON trc20 | TRON update | TRON virtual machine | TRX | TRX coin | TRX news | trx price | TRX Token | TRX updates | TRX virtual machine | | Trading|TRX|Blockchain|Altcoin
Governments in Africa simply cannot stop an idea whose time has come. In Zimbabwe, financial regulators banned cryptocurrency trading, and shut down two exchanges, thinking to have killed the ecosystem, only for Bitcoin to find a new life on Whatsapp. Kenyan authorities have sounded tough on virtual currency, warning banks and individuals against trading such, […]Bitcoin News.
10/05/2018 / 19:05:24
Emerging Markets | Africa | Bitcoin | central bank of Kenya | community | Cryptocurrency | Digital Currency | Exchange | Exchange rate | Golix | Kenya | money | N-Featured | network | Reserve Bank of Zimbabwe | South Africa | Styx24 | trading | Uganda | USD | Virtual Currency | WhatsApp | Zimbabwe | | BTC|Trading|Exchange
Charities are increasingly accepting of cryptocurrencies as donations. This potentially exposes them to the same level of risks and rewards as those investing in the space. Charities Take Cryptocurrency Risk Giving Wealthy Donors Tax Breaks Thanks to nuances in U.S. tax legislation, many individuals that have been newly enriched by cryptocurrency are favouring making donations...NewsBTC.
10/04/2018 / 22:00:18
London-based ONEm Communications has announced the launch of its mCoin program across Africa. Designed to be a hybrid currency, mCoin is a digital currency that can be transferred over text or through the smartphone app. Africa is a continent with millions of people who have access to mobile phones but little to no internet connectivity. ONEm wants to bring the benefit of cryptocurrency to millions of the unbanked in Africa through the mCoin program.ONEm Communications is a tech startup that develops advanced platforms supporting an ecosystem of services. The ecosystem is a set of interactive services that seeks to transform the way people communicate and access information on mobile.In an interview with Bitcoin Magazine, ONEm Co-Founder & CEO Christopher Richardson said the reception for the mCoin in Africa has been “tremendous.” He believes the blockchain can be combined with mobile technology to connect the unbanked in Africa."We believe when combined with informational and community-based services; this can leverage their happiness by giving them simple and effective tools that extend their capabilities. Africa is just the beginning; we will be launching in many countries all over the world to allow everyone to enjoy cryptocurrency on ordinary mobiles."Crypto WalletThe ONEm Wallet is a digital wallet that allows users to send mCoin to others in the community, by means of a wallet address in the ...
09/25/2018 / 18:26:25
Stand out, use what makes you unique in the space to build a community. The first step towards achieving success in this marvelous world of decentralization is to build a community for your company, coin, or service. While spending lots of money on advertisements can get you a lot of attention, your attempts will mostly […]Crypto Insider.
09/25/2018 / 00:59:18
A new cryptocurrency exchange has launched today called Voltaire.cash, a trading platform that aims to utilize bitcoin cash (BCH) as the base pair for all trades. Initially, the exchange will start by offering bitcoin core (BTC) against BCH trading and will follow that pair with ethereum and doge markets against bitcoin cash. Also Read: Netherlands’ Largest […]Bitcoin News.
09/24/2018 / 20:30:59
Exchanges | Base Currency | BCH | BCH Pairs | bitcoin cash | Bitcoin Cash community | Bitcoin Cash Pairs | Bitcoin Core | BTC | Cryptocurrencies | Doge | ETH | Ethereum | Exchange | N-Featured | Semyon Germanovich | trading platform | Voltaire.cash | | Exchange|BTC|ETH|Trading|Market
It’s a sign of the times and the growing maturity of the crypto industry that a new industry trade association launched in Washington, D.C., on September 11, 2018, to lobby the U.S. government on a range of issues from taxation to regulations; to educate members of congress about the growing success of blockchain; and to encourage lawmakers to allow innovation to flourish and benefit the economy.Kristin Smith, director of external affairs for the new Blockchain Association (BA), told Bitcoin Magazine in an interview that the time has come to properly represent a growing number of contributing companies with a unified front in working with members of Congress and regulatory agencies.“We look forward to working with members of Congress and key regulators like the SEC and the CFTC to advocate for nimble, informed regulations that balance the need for consumer protection and market integrity with opportunities to let innovative companies thrive,” said Smith.So far, the BA’s first order of business has been to sign up as many blockchain and cryptocurrency companies as possible as members. Founding members of the BA include Coinbase, Circle, Digital Currency Group, Polychain Capital and Protocol Labs. Also signed up are Hangar, Inter/Stellar, Coinlist and Blockstack.Coinbase has been active in helping the BA get established. Mike Lempres, Coinbase’s Chief Legal and Risk Officer told Bitcoin Magazine:“The bigg...
09/21/2018 / 19:46:16
ConsenSys Social Impact — a program designed to build blockchain-based solutions for global humanitarian issues — is partnering with MakerDAO and optiMize to launch a new Blockchain for Social Impact Incubator at the University of Michigan in Ann Arbor. It is the first university-sponsored program of its kind.Students taking part in the course will receive mentorship and guidance from blockchain advisors, as well as potential funding, as they work to build blockchain-based ventures for improving social good. Finalists will be named at the end of the year and will be awarded funding to further their designs. OptiMize came to fruition in 2012 as a way of offering workshops and funding to students looking to design self-directed, social impact projects. Individuals accepted into the program work for approximately five months to create outlines of their projects, build prototypes, develop plans and engage stakeholders. OptiMize boasts over 3,000 alumni and has birthed over 400 social projects including blueprints for Pangaea, which provides unused medical supplies to underfunded hospitals. MakerDAO is a decentralized platform built to bring stability to the cryptocurrency arena. The company offers its own digital token called Dai, a stablecoin reportedly priced against the U.S. dollar. Students seeking to build payment solutions during their time in the program are being encouraged to utilize MakerDAO’s sma...
09/19/2018 / 22:55:05
An alpha version of the new Lightning desktop app has been released. The application includes a redesigned and optimized backend for light clients, as well as a simplified interface for users with little to no cryptocurrency experience.Lead application developer at Lightning Labs Tankred Hase joined the company in January 2018 and was assigned to oversee the app’s redesign. Speaking with Bitcoin Magazine, Hase explains that the application preceding the current design was very much a prototype and built before his time with the company. “The aim was to expose the core functionality of Lightning, which would have otherwise been available only via the command line,” he said. “This new redesigned version was developed with the average user in mind. We applied the design sprint methodology to prototype and test the user’s interface before writing the application code. This allowed us to validate some core assumptions about our user personas and get feedback from real users by doing research with both experienced and novice bitcoin users.” Sprint methodology refers to a five-day process in which critical business questions are resolved through designing, prototyping and testing ideas with customers. According to Hase, this is what caused the team to simplify the interface and make it easier to understand for those who are new to crypto. He says that the updated interface is “less cluttered” than other bitcoi...
09/14/2018 / 18:22:37
Crypto, charity and cycling. It’s an unlikely triad, but two fitness enthusiasts-turned-crypto philanthropists believe that, taken in combination, the three can drive positive change.Taking a cross-country cycling trip around the U.S., Tour de Crypto riders Jason Berlin and Jovel Velasquez want to raise $1 million in cryptocurrencies and USD for the Houston Area Women’s Center (HAWC), a non-profit organization with the mandate to “[end] domestic and sexual violence for all.” Through its advocacy, counselling, education, shelters and support services, HAWC works to help survivors build safe and healthy lives.If Berlin and Velasquez meet their goal, the money will be enough to fund half a year of services to HAWC’s 120-bed secure shelter. To ensure transparency, donors can verify that the wallet addresses listed on Tour de Crypto’s website and HAWC’s own are the same, and “100% of the donations will go directly to HAWC via wallets maintained and controlled by HAWC,” Tour de Crypto’s donation page states.The tour will kick off on Friday, September 14, 2018, in the Hamptons, New York, ending on Friday, November 9, 2018, in Huntington Beach, California, and the entire trip will also be recorded with videographers and an audio crew along the way. Along the route, Berlin and Velasquez will be stopping in Houston to visit the headquarters of HAWC.At the time of publication, the project is accepting donations in...
09/12/2018 / 18:42:14
MSX PLC, the digital asset arm of the Malta Stock Exchange, has signed a Memorandum of Understanding (MoU) with Binance to launch a digital exchange for trading security tokens, per its press release. The MoU follows Binance's decision to continue its operations on the island in recognition of the country's favorable crypto climate.Earlier in July 2018, the Malta Stock Exchange (MSE) launched the MSX PLC as an investment vehicle that seeks partnership with leading crypto exchanges to create joint ventures in the country. At the time of the launch, an MoU was signed with OKEx to launch an institutional grade security-tokens trading platform dubbed OKMSX.Speaking with Bitcoin Magazine, Chairman of the Malta Stock Exchange Joe Portelli said the exchange is thrilled about the MoU signed with Binance. “Both parties believe Malta offers a well-regulated and pragmatic framework for the listing and trading of security tokens. We anticipate security token offerings will have a major positive impact on the global capital markets.” The new security tokens platform will leverage the MSE's track record and extensive experience in "regulatory compliance and client due diligence" in collaboration with Binance's substantial international reach.Changpeng Zhao, CEO of Binance, said his company was thrilled to be part of the builders of the "blockchain ecosystem in Malta" which has become a global hub for blockchain-based...
09/11/2018 / 21:01:42
The overall cryptocurrency market momentum remains rather bearish for the time being. Bitcoin is still on the decline, which usually doesn’t bode well for alternative currencies on the market. The Dogecoin price is also feeling a bit of pressure, which is only normal after several small bull runs over the past two weeks. Dogecoin Price […]NullTX.
09/11/2018 / 10:36:07
Blockchain research institute and accelerator Cryptic Labs is adding two Nobel Laureates to its team of advisors. The additions, economists Dr. Eric S. Maskin and Sir Christopher Pissarides, are professors at Harvard University and the London School of Economics, respectively. They join Cryptic Labs’ Chief Scientist Dr. Whitfield Diffie, who won the 2015 Turing Prize for his contributions to cryptography.Awarded the Nobel Prize for Economics in 2007 for his seminal work in mechanism design theory, Dr. Maskin will bring extensive knowledge of this theory to puzzle out how projects can devise more effective token economics. To Dr. Maskin, unlocking the potential of blockchain technology means finding the proper incentives to drive a business model, and this means looking past the utility of the coins themselves.“As with any technology, it will take time to parse how economic theories will adapt. I believe that the missing element in the blockchain space is an academic focus on applications of the technology beyond cryptocurrencies. This will allow experts to truly understand and demonstrate the potential for the technology to transform various industries,” he told Bitcoin Magazine.Sir Christopher Pissarides, on the other hand, who was awarded the Nobel Prize for Economics in 2010, will provide insight on macroeconomic trends. With their combined expertise, these two authorities will work to fill in the in...
09/10/2018 / 21:18:16
Ethereum co-founder Vitalik Buterin is of the opinion that the cryptocurrency market is unlikely to experience an explosive bullish rally similar to the one seen in late 2017 ever again. The ‘gold rush’ is in the past and now the average person is aware of blockchain and digital currencies, thus erasing the surprise element of...NewsBTC.
09/08/2018 / 22:00:50
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As the birthplace of the Chaos Computer Club, the hometown of the mother of all hackerspaces, and what many of the world’s leading privacy activists consider to be a bit of a safe haven, Berlin may be the the strongest center in the world for hacker culture.Maybe that’s what makes the German capital a fertile breeding ground for the ongoing series of Lightning Hackdays (stylized as #LightningHackday). Introduced earlier this year, the series continues to grow, with the third event taking place last weekend.“The first edition in April was really just a large meetup with about 70 participants,” Fulmo founder and event organizer Jeff Gallas recalls, speaking with Bitcoin Magazine on the hackday itself. The second edition followed shortly after, in June, with the newest edition hosted last Saturday, September 1, 2018, this time accompanied by a hackathon on the day before. “There are probably 160 people attending this third and biggest event so far,” Gallas estimates.Lightning Labs developer Johan Halseth presenting in the main room at #LightningHackday.HackingOn Saturday, the second floor of the Ahoy coworking space, home of the event, is entirely dedicated to the hackday. Partly improvised talks, demos and brainstorm sessions are ongoing throughout three different rooms of varying size. Only the largest of the three is akin to a typical conference room, with space for about a hundred people and a livestre...
09/05/2018 / 21:16:00
The team behind Lightning Ramp, a system that provides customers with faster bitcoin payments, has joined forces with Casa, a “be-your-own-bank” product that provides users with a multi-signature, multi-hardware device and multi-location wallet designed, to offer top-notch security against attacks and theft. Together, both ventures are working to create the Casa Lightning Node, a platform designed to solve many problems associated with Lightning Ramp. Debuting in February 2018, the Lightning Ramp was built to help exchanges connect with the Lightning Network, thereby giving millions of customers access to speedy Bitcoin and Litecoin payment options. During the project’s development, several issues, such as those involving key management, were uncovered that got in the way of mainstream Lightning adoption but adding a Lightning node to the mix is expected to resolve many of these problems. In a Medium post, co-founder and CEO of Lightning Ramp Michael Borglin states, “When we met the Casa team, we were surprised to find that they previously built (but did not release) a multi-chain personal device in Q3 of 2017. They learned that without better key management software, personal node devices are at risk of being attacked. That’s why they focused 100 percent on building the best personal key manager on the planet first. By joining Casa, we combined our expertise in Lightning with their deep key management...
09/05/2018 / 21:14:40
Forbes contributor Naeem Aslam caught up with renowned Turkish-American economist Nouriel Roubini at the Blockchain Conference in Las Vegas last month. Notoriously pessimistic about all things crypto, Roubini didn’t mince any words. Nouriel Roubini is a world-renowned economist and author of more than 70 papers on international macroeconomic issues. He is a professor of economics...Live Bitcoin News.
09/05/2018 / 04:30:46
Singapore-based MOO Store is proud to announce that their native token, XMOO, has been listed on the Coinsuper exchange.CoinSpeaker.
09/03/2018 / 11:58:26
The Satoshi Revolution: A Revolution of Rising Expectations Section 4: State Versus Society Chapter 10, Part 2 The Crypto Revolution Will Not Be Centralized You say you want a revolution. Well, you know, We all want to change the world. You tell me that it’s evolution. Well, you know, We all want to change the […]Bitcoin News.
09/01/2018 / 15:00:06
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For decades the freight industry has failed to keep pace with technology – often falling miles behind. It’s a shocking truth considering freight transportation is arguably the backbone of the world economy, generating over $800 billion in annual revenue in the US alone, with the global logistics sector expected to generate over $15 trillion by 2023. Freight management is a complex juggling act involving lots of moving parts comprised of ledgers, contracts, multiple third parties,Read MoreBitcoinist.com.
08/30/2018 / 23:30:04
The Venezuelan government is cracking down on remittance payments with a new banking mandate, one that could put the country’s Bitcoin users on an even tighter leash.In a letter “addressed to all banking institutions,” the government has ordered all domestic banks to disclose the IP addresses, financial details, transaction amounts and locations of all citizens who access their banking services from outside the country. Per the measure, Venezuelans are expected to “notify [their] banking institution of [travel] instances prior to [departing], explicitly indicating their destination place(s)” and how long they’ll be out of country, the letter reads.If a citizen fails to comply with the above stipulations, banks may “enact a special condition that restricts the ability of the client to make online transactions,” effectively locking them out of their bank accounts if they are caught accessing services outside of the county. The bank is then required to “report the policy holder’s name; identification of the resource/asset; date and place of provenance; date of imposed restriction and the IP address from which access was attempted” to the National Entity of Financial Intelligence.“Lack of compliance with the above stated,” the letter concludes, “will result in the imposing of sanctions in accordance with the terms outlined by the legislative decree.”An Attempt to Monopolize Money TransfersThe measure, self-...
08/30/2018 / 23:05:09
A moderator of the popular Bitcoin sub-reddit has revealed that traffic has once again picked up after dropping every month since December 2017. r/Bitcoin Sub-reddit Nears 1 Million Subscribers Ranked number 14 in the world and number 5 in the United States, according to Alexa Rankings, Reddit is one of the most visited websites in the world. People from all over the globe visit it daily to discuss virtually anything, including Bitcoin. The r/Bitcoin subredditRead MoreThe post Bullish Sign? Bitcoin Reddit Traffic Rises For the First Time Since 2017 appeared first on Bitcoinist.com.
08/29/2018 / 22:00:45
The Italian football club Rimini, which plays in the Italian Serie C division, has sold a portion of the team’s shares in exchange for cryptocurrency.The first-of-its-kind acquisition was made by Heritage Sports Holdings (HSH), a sports investment company based in the United Arab Emirates. Contrary to initial reporting by various outlets, the club’s shares were not purchased with bitcoin. Instead, representatives used Quantocoin (QTC), a Gibraltar-based cryptocurrency, to buy out roughly 25 percent of the team’s shares. One of the project’s partners, Pablo V. Dana, is a partner and shareholder at HSH, as well.The announcement came by way of Rimini’s president Giorgio Grassi. In a press release, he states: “Negotiations with this group have been ongoing for a couple of months. Heritage Sports Holdings, with its partner Quantocoin, will try to bring to the team and to the city new ideas and synergies from the sporting, brand image and technological point of views. Heritage Sports Holdings’ participation is innovative in view of its crypto payment system and its use of blockchain technology.” HSH was founded in 2013. The company operates as both a facilitator in football teams’ acquisitions and as a direct investor in ventures related to football in both Asian and European countries. Other clubs owned by HSH include Union Deportiva Los Barrios, a Spanish football sixth division team, and Mantova football i...
08/29/2018 / 18:01:21
Crypto is making its entrance into the world’s academic scene, and students are lining up to learn.A recent Coinbase study reveals that University students want to learn more about cryptocurrency and blockchain technology. Commissioned by Coinbase in partnership with Qriously, the nationwide survey sampled 675 students, and it found that students across all majors have an interest in blockchain technology. Some have literal vested interest in the cryptocurrency market itself, while others are looking to leverage blockchain courses to break into the space’s developing job market. Of those surveyed, 18 percent reported holding some value in cryptocurrency. Another 26 percent indicated that they’re interested in taking a blockchain-related course in the future, with the most immediate interest coming from social science (47 percent) and computer science (34 percent) majors.Benedikt Bunz, a doctoral student at Stanford, said the "tremendous excitement" around the blockchain and cryptocurrency courses is due to the ease of getting a job after graduation due to the high demand for blockchain experts. “If you’re an expert in cryptocurrencies and cryptography you’ll have a difficult time not finding a job,” he noted.The survey also studied the top 50 universities in the world as ranked by the U.S. News and World Report, and it found that 42 percent offer at least one class on relating to the blockchain industry...
08/28/2018 / 19:40:54
Reddit Co-founder Alexis Ohanian has revealed his optimism about the future success of bitcoin despite the daily slump in price in an interview with Yahoo Finance. He believes bitcoin has the potential to be used as a store of value especially in countries where fiat currencies are being devalued.Ohanian is no stranger to the cryptocurrency scene, having co-founded Initialized Capital with his partner, Gary Tan. in 2011. Initialized Capital started out as a company investing in Y Combinator startups before it delved into cryptocurrencies, as one of the earliest investors of digital asset platform Coinbase. As a Coinbase investor, Ohanian strongly believes that the instability of fiat currencies in economically crippled countries might pave the way for cryptocurrencies such as Dash and Bitcoin.Ohanian points to the socio-political relevance of cryptocurrencies in countries like Turkey where the citizens are “losing faith” in the Turkish lira, which opens an opportunity for widespread adoption of bitcoin.“As a store of value, there is some real traction (with Bitcoin) and actually as we’re seeing in countries like Turkey that are having significant economic crisis — where people are losing faith in the Turkish lira — we’re going to see money move over to bitcoin because, as unstable as it is, it is actually a lot more stable for a lot of people than their own (currency).”Turkey’s economic fortunes nose-di...
08/27/2018 / 15:22:34
Global investment platform eToro has partnered with British Premier League clubs in a sponsorship deal that could see future transfers of players in the English Premier League (EPL) settled in cryptocurrency.The seven clubs involved in the trial are Tottenham Hotspur, Leicester City, Southampton, Cardiff City, Brighton, Newcastle United and Crystal Palace.Speaking with Bitcoin Magazine, eToro U.K.’s Managing Director Iqbal Gandham said that one of the reasons why they partnered with the clubs was to increase awareness of bitcoin and the potential of the blockchain."The blockchain technology that underpins cryptocurrencies such as bitcoin brings transparency and efficiency. There are many industries already experimenting with using blockchain technologies for contracts and football transfers would be a logical area to consider embracing this new technology."The clubs have agreed to set up a digital wallet on the platform in a trial that could see the British Pound Sterling (GBP) replaced with cryptocurrency as the currency of choice for player transfers in the Premier League."We've done a sponsorship deal, but rather than pay them in traditional pound notes we've paid them in bitcoin," Gandham told the Telegraph.In turn, eToro expects to gain global exposure through an extensive range of "marketing opportunities" including player access and LED boards in the stadiums. For Gandham, there are so many use c...
08/22/2018 / 19:55:16
In today’s edition of Bitcoin in Brief we cover a couple of stories that show how the cryptocurrency industry is trying to police itself. One group of companies has begun working on the formation of a self-regulatory organization and another has created a 100 BTC whistleblower reward pool. Also Read: 44% of American Executives Think […]Bitcoin News.
08/21/2018 / 13:05:13
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The Lightning Network, the second-layer solution designed to make quick, cheap and easy Bitcoin payments, is maturing. But widespread adoption — still a long way off — will require plenty more participants; an ecosystem of new apps is one way to get there.“Lightning is a promising technology, but right now, very few people are fluent with it,” Chaincode Labs engineer James O’Beirne told Bitcoin Magazine. To that end, O’Beirne and fellow Chaincode Labs and Bitcoin Core developers John Newbery and Marco Falke are organizing a Lightning applications development course — a “Bitcoin Residency” program — to encourage more developers to build on the network. The weeklong class, designed for a dozen students, kicks off on October 22, 2018, in the Flatiron district of New York City near the Chaincode Labs office.“We would like to familiarize more engineers with how Lightning works and see more Lightning applications,” O’Beirne said. “And we would like to get a better understanding for what Lightning is capable of doing.” This is the third Bitcoin residency program Chaincode has hosted; the first two in 2016 in early 2018 were focused on the Bitcoin protocol and contributing to Bitcoin Core. As with previous Chaincode residencies, students will learn from a handful of experienced mentors. The Lightning residency is slightly different in that it is project-based, however. Students will spend the week building the...
08/20/2018 / 13:40:30
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