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+40 +1
Government urged to use Bitcoin-style digital ledgers
The UK's chief scientific adviser has urged the government to adopt the technology that powers crypto-currency Bitcoin to run various public services. Bitcoins are powered by blockchains - digital ledgers that record information from Bitcoin transactions to DNA. Sir Mark Walport has argued that they could be used by government departments as a more secure way of managing data. They could be used to help with tax collection, benefits or the issuing of passports, he has said.
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+51 +1
Zcash, an Untraceable Bitcoin Alternative, Launches in Alpha
The cryptocurrency, still in testing, could be the closest thing yet to truly anonymous digital money.
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+28 +1
Ten arrested in Netherlands over bitcoin money-laundering allegations
Luxury cars, cash and ingredients to make ecstasy seized as part of international investigation after banks had seen ‘large sums of money’ being deposited...
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+33 +1
R.I.P. Bitcoin, it’s time to move on
Not long ago, venture capitalists were talking about how Bitcoin was going to transform the global currency system and render governments powerless to police monetary transactions. Now the cryptocurrency is fighting for survival. The reality came to light on January 14, when its influential developer, Mike Hearn, declared Bitcoin a failure and disclosed that he had sold all of his Bitcoins. The price of Bitcoin fell 10% in a single day on the news, a sad result for those who...
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+38 +1
The Schism Over Bitcoin Is How Bitcoin Is Supposed to Work
The bitcoin community can’t even agree on whether it’s breaking up. Last month, Mike Hearn—an ex-Googler and one of the biggest names working on the software underpinning bitcoin—made more than a few headlines when he called the digital currency “a failed experiment.” He not only parted ways with the bitcoin community. He sold all his bitcoin. He said he was fed up because the bitcoin system—software that runs across a vast network...
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What Happened At The Satoshi Roundtable
Last weekend I attended the Satoshi Roundtable conference along with Charlie Lee and about 70 other members of the bitcoin community. I wanted to share my personal opinion about what happened at the conference (without disclosing the names or content of any private conversations). A number of meetings took place between core developers, miners, and CEOs of Bitcoin companies. As you’re aware, there is a large...
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The Bitcoin busts
Its anonymity made Bitcoin popular among criminals. But even with cryptocurrency, researchers can follow the money.
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+12 +1
On Scaling Decentralized Blockchains (A Position Paper) [PDF] [2016]
Initiative for CryptoCurrencies and Contracts (IC3) The increasing popularity of blockchain-based cryptocurrencies has made scalability a primary and urgent concern. We analyze how fundamental and circumstantial bottlenecks in Bitcoin limit the ability of its current peer-to-peer overlay network to support substantially higher throughputs and lower latencies. ...
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+46 +1
Ethereum, a Virtual Currency, Enables Transactions That Rival Bitcoin’s
In addition to virtual currency, Ethereum also provides a way to create online markets and programmable transactions known as smart contracts.
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+32 +1
The "halving" sounds like a horror story and may well turn out to be one for Bitcoin
Around July 18th however, Bitcoin will go through a process whereby the reward allocated to Bitcoin miners is halved. This happens every 4 years and was added into the design of Bitcoin as a way of slowly reaching the limit of the total number of Bitcoins to 21 million
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Bitcoin Wallets Comparison
Compare all bitcoin ethereum and litecoin wallets online, hardware and mobile crypto and BTC wallets. Compare, rank and list Bitcoin debit cards and bitcoin prepaid top up cards. Sort digital currency wallet app's, filter and compare by operating system, reviews, and crypto currencies they hold. Find out the best one for you based on our user reviews and check out our list of bitcoin cards, hardware wallets and compare their costs.
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0 +1
Will PinIdea unseat iBeLink in the X11 ASIC Battle?
Weeks back the iBeLink DM384M Dash Miner surfaced ahead of release and is now in stock going for a whooping $2,098. The iBeLink DM384M crossed the impossible hurdle and made the first ASIC capable of mining a cryptocurrency based on the X11 algorithm. But as the iBeLink become the king of the jungle, Pinidea.io had a different plan
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0 +1
Dash Prioritizes Fiat Gateways
Evan Duffield, lead developer of Dash, recently announced an initiative to prioritize the development of fiat gateways. Evan referred to the need to pass through Bitcoin in order to move between fiat and Dash, saying that without good fiat gateways, it is “harder for an asset to be independent and find a proper valuation.”
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Load Your Steam Wallet Using Bitcoin
Today we're announcing a new payment integration with software and gaming giant Valve which will bring bitcoin payments to Steam gamers worldwide. Founded in 1996, Valve's Steam platform is used by more than 89 million gamers. Steam reaches 237 countries, and its more than 9,000 different games include popular titles like Counter-Strike: Global Offensive, Civilization V, XCOM 2, and Fallout 4. Many of the award-winning titles were produced...
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Craig Steven Wright claims to be Satoshi Nakamoto. Is he?
From the start bitcoin has rested on a mystery: the identity of Satoshi Nakamoto, the pseudonym of the author of the academic “white paper” published in October 2008 which first outlined the technology behind the digital money.
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Beyond the Blockchain - The BitX blog
Why Bitcoin 3.0 really is Bitcoin 1.0 Over the past few months we’ve been bombarded with calls and visits from many leading financial institutions and other large global businesses, typically with the same questions: “Can you please explain to us what blockchains are?”, “What can blockchains do for our business?” or “How can we use …
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Hacking Yourself Out of the Banking System and Live Only on BitCoins
I’ve been interested in BitCoin since the very beginning but, until now, I considered BTC some very nice cryptographic experiment with high potential but almost no effects on real life. A few years ago, buying BTC or selling them in order to get fiat ( “real” currency such as USD, EUR, etc ) wasn’t easy at all, but now things changed, everything is way much easier.
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The Blockchain is the new Google
At its core, the blockchain is a technology that permanently records transactions in a way that cannot be later erased but can only be sequentially updated, in essence keeping a never-ending historical trail. This seemingly simple functional description has gargantuan implications. It is making us rethink the old ways of creating transactions, storing data, and moving assets, and that’s only the beginning.
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Bitcoin price jumps 21 percent over 4 days, reaching a 21-month high
Bitcoin is back! Or at least, there are positive signs indicating that bitcoin might not be as dead as everybody thought. Bitcoins are now trading at $547.40 on Bitfinex (the largest USD/bitcoin exchange according to Bitcoinity). And it represents a big 21.4 percent price jump over just four days. Today’s price represents a 21-month high. Surprisingly, bitcoin prices had been relatively stable for the last two months before this weekend’s jump.
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+38 +2
A $79 million cryptocurrency heist just happened, and it’s threatening the future of blockchains
Miners of cryptocurrency ether could collectively agree to erase the heist from its permanent record.
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