1 = 906.97 USD

PLAN :
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banaay banaay
2017-01-20T22:34:48-08:00
· 1 ·
AleksDubai AleksDubai
· Dubai 2017-01-20T13:48:55-08:00
· 0 ·
AleksDubai AleksDubai
· Dubai 2017-01-20T13:47:36-08:00
· 0 ·
AleksDubai AleksDubai
· Dubai 2017-01-20T13:45:09-08:00
· 0 ·
Hope the #bitconnect price goes up like dramamtically lol #Bitcoin #invest #NYC #Tek
ThepowerofD ThepowerofD
2017-01-15T18:56:10-08:00
· 0 ·
Who else invested in Ark?? #ICO #Bitcoin #Active
ThepowerofD ThepowerofD
2017-01-15T18:29:33-08:00
· 0 ·
AleksDubai AleksDubai
· Dubai 2017-01-13T12:56:40-08:00
· 0 ·
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BY bitconnect.co
Bitconnect Bitconnect
2017-01-10T23:27:56-08:00
· 2 ·
banaay banaay
2017-01-08T07:13:25-08:00
· 1 ·
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banaay banaay
2017-01-08T07:10:54-08:00
· 0 ·
How can I make a #Bitcoin a day?
dcodejava dcodejava
2017-01-05T04:48:17-08:00
· 0 ·
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Bitconnect Bitconnect
2016-12-14T04:29:48-08:00
· 0 ·
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BitConnect Coin The Cryptocurrency Revolution.
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Bitconnect Bitconnect
2016-12-08T02:25:54-08:00
· 0 ·
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BitConnect Coin The Cryptocurrency Revolution.
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BY bitconnectcoin.co
Bitconnect Bitconnect
2016-12-05T23:14:34-08:00
· 0 ·
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BitConnect Coin The Cryptocurrency Revolution.
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BY bitconnectcoin.co
Bitconnect Bitconnect
2016-12-04T23:35:09-08:00
· 0 ·
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BitConnect Coin The Cryptocurrency Revolution.
BitConnect coin is an open source, peer-to-peer, community driven decentralized cryptocurrency that allow people to store and invest their wealth in a non-government controlled currency, and even earn a substantial interest on investment.

BY bitconnectcoin.co
Bitconnect Bitconnect
2016-11-30T04:31:05-08:00
· 0 ·
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BitConnect Coin The Cryptocurrency Revolution.
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BY bitconnectcoin.co
Bitconnect Bitconnect
2016-11-29T03:36:20-08:00
· 0 ·
mirli2005 mirli2005
2016-10-29T04:40:28-07:00
· 0 ·
As the release date of Segregated Witness approaches, the support for #Bitcoin Core and its innovative scaling solutions is rapidly increasing. However David Johnston, chairman of the #Factom Foundation, believes a hard fork is necessary to accommodate more users onto the #Bitcoin #network.

#Bitcoin Core’s rivaling alternative hard fork proposal Bitcoin Unlimited recently began to obtain a serious momentum behind their growth due to the support from ViaBTC, one of the largest mining pools in bitcoin. With prominent figures including Roger Ver and the Bitcoin.com’s recent hahspower allocation, #Bitcoin Unlimited’s presence has significantly risen over the past several months.

Johnston, who actively collaborates with the #Factom team led by #CEO Peter Kirby, believes that hard forks should not be feared, and that the sooner a hard fork is executed to expand the #Bitcoin blocksize, the better.

Differentiation Between Big #Block & Core Supporters

In the beginning of his 3-part series on the importance and necessity of a hard fork execution, Johnston states that the #Bitcoin community is essentially divided into two conflicting beliefs:

“The original #whitepaper as a “Peer to Peer Electronic Cash System” should translate into Bitcoin primarily serving as a global payment network competing with the likes of Visa and WeChat by clearing tens”
“The original whitepaper as a “#peer #to #peer Electronic Cash System” should translate into Bitcoin primarily serving as a secure store of value and a #global settlement network for clearing large sums of #digital money.”

for more read click here: https://www.cryptocoinsnews.com/factom-chairman-bitcoin-the-sooner-we-fork-the-better/
factom factom
2016-10-22T05:15:15-07:00
· 0 ·
#BitShares Munich chief fixes #cryptocurrency volatility with smart contracts

Price-stable #digital #currencies have drifted in and out of the public eye since 2014 when a slew of "stablecoin" ideas attempted to merge the benefits of decentralised money with the purchasing power stability created by modern monetary policy.

On paper, the concept is simple — a protocol to autonomously adjust the supply of a #digital #currency based on some metric for demand. This is to manage the coin's value to prevent it from severe fluctuation or volatility.

More from IBTimes UK
Shipping giant Maersk tests #blockchain-powered bills of lading
EY and Paxos collaborate on gold bullion #blockchain
R3's Tim Swanson: Out of 250 start-ups, only a handful look legitimate
For digital currencies, price stability is an important obstacle to overcome, said Christoph Hering, CEO and co-founder of #BitShares Munich, an independent #blockchain development company.

"#Volatility is always good for traders," said Hering. "This is their life. Big swings is where they make their money. But regular consumers like you and me want to have stability. They want to have a medium of exchange."

#Bitcoin analyst Ramiro Burgos questions mankind's ability to create a reliably autonomous method of money supply regulation, suggesting humans consistently fail at building systems that rely on manipulation-free market mechanisms.

Burgos said: "Every time human leaders take control over economic or monetary decisions, all of those decisions go wrong eventually, even if they sound good and work at first. Human nature will always find a way to complicate every process and fail at every stage of human intervention." This includes systems that purportedly stabilise a currency's purchasing power in a decentralised fashion.

Hering's company supports and employs the use of #BitShares' Graphene blockchain, which, along with a proven 100,000 transaction-per-second capacity, allows the use of market-pegged #Smartcoins, as well as user and fee-backed assets.

The idea behind #Smartcoins was developed by Daniel Larimer, co-founder of the #BitShares and Steem #blockchains, explains Hering. They are simply a blockchain-based smart contract that works like a derivative with an objective to mimic price stability.

Smartcoins are, "crypto-assets and currencies whose value is pegged to that of real-world assets, such as the US dollar or gold," states a description at bitshares.org.

In a 2014 blog post, #Ethereum creator Vitalik Buterin pointed out that #Bitcoin the currency is a very volatile means of storing value, going on to highlight the central problem in trying to create a stable coin. Compared to the "simplicity" of central banking "the underlying question [for cryptocurrency] is more difficult: how do we target a fixed price in a way that is both decentralised and robust against attack?"

What's important for business owners and operators is use of a currency that they use themselves, for instance a price-stable digital version of the US dollar or euro, and not #Bitcoin because of its volatility and other associated issues.

When asked whether a market-pegged digital currency simply reverts the technology to traditional problems, Hering said: "I think it drives the adoption of decentralised platforms even further because at the end we have to consider what the purpose of the transaction is — a fast, secure [and convenient] method of payment."

#BitShares Munich's mainstay platform, BlockPay, provides a point of sale environment that accepts all leading digital currencies like Bitcoin, Dash, #Smartcoins or #Ethereum. BlockPay also automatically exchanges all incoming digital currencies into a price-stable digital version of a US dollar or the euro to protect businesses from volatility. Now Merchants have the option to keep their digital funds on the #blockchain or to withdraw their money to their local bank account.

For more raed click here: http://www.ibtimes.co.uk/bitshares-munich-chief-fixes-cryptocurrency-volatility-smart-contracts-1586081
bitshares bitshares
2016-10-22T05:04:43-07:00
· 0 ·
#Stellar co-founder Jed #McCaleb hit a roadblock in his mission to serve the #global underbanked when earlier this month his co-founder resigned, leaving him with her responsibilities, including more frequently engaging with the public.

For a computer programmer whose career has been largely under scrutiny since he founded defunct #Bitcoin #exchange #Mt.Gox, the idea of taking on a more public role at #Stellar was intimidating. But, he says it was a necessary step for the startup.

After years of building a payments rail system designed to make it cheaper to offer banking services to developing nations, McCaleb said it was time for him to make the case that #Stellar should be considered a leading #blockchain #platform for enterprise customers.

McCaleb told CoinDesk:

"We've spent the past two years building a product, and now we're showing it to the world."

Founded in 2014 after #McCaleb and his then-girlfriend and co-founder Kim left another startup he founded, #Ripple, the two companies have always been equated in the #blockchain #community, despite their differing business models.

Stellar has raised a little over $3m from Stripe to build a new distributed ledger payments rail similar to Ripple’s, but aimed specifically at serving clients in developing nations.

In contrast, #Ripple has raised more than $38m from investors as diverse as Andreessen Horowitz and Santander.

Barclays in South Africa

In his first public appearance, #McCaleb spoke onstage at the Exponential Finance conference with Barclays Africa's CEO of corporate and investment banking, Stephen van Coller.

In interview with #CoinDesk, van Coller described how his company is testing its prototype on the #Stellar payments rail at a high school in Johanessburg, South Africa. About 100 students aged 16-years-old to 18-years-old are currently testing a minimum viable product (MVP) designed so feature phones can be used to pay for goods.
stellar stellar
2016-10-22T04:55:45-07:00
· 0 ·
Monero Coming to Jaxx Wallets, Including iOS, With Apple's Blessing

There has been a flurry of activity for Anthony Di Iorio and his team at Decentral since the beginning of 2016.

Di Iorio, CEO and founder of #Jaxx, has long been a champion of bold endeavors around decentralized technologies. As a multi-token, #blockchain interface, the #blockchain-agnostic Jaxx wallet operates on nine #platforms and pairs across all user devices for nearly all of its supported currencies.

At a time when Apple is being cautious about what it allows into its app store, Jaxx became the first iOS wallet to transact in Ether, the native currency of #Ethereum’s smart contract platform.

On October 10, Di Iorio told #Bitcoin Magazine that Jaxx is now planning to support #Monero, an open-source #digital #currency known for robust privacy and scalability features. He was informed by an Apple representative that #Monero is now included in its list of currencies approved for the App Store.

“Monero is a very interesting technology with a unique system that involves an additional level of nuance in terms of #Wallet integration. We are working on getting #Monero connected to Jaxx as we speak,” said Di Iorio. “We’ve been in regular communication with the #Monero team and are looking at a three-week timetable, the end of October to early November, in terms of a launch.”

#Monero is chiefly known for its privacy. Its native currency, XMR, is one of the top #Altcoins by market cap, and is now accepted as payment on several sites, including some associated with dark net markets. Unlike many other #digital #currencies, Monero is not based on Bitcoin’s code-base or protocol; rather, it is based on the CryptoNote reference implementation, an #altcoin that was designed from scratch.

for more read visit here: https://bitcoinmagazine.com/articles/monero-coming-jaxx-wallets-including-ios-with-apple-s-blessing-1476224917
monero monero
2016-10-22T04:42:46-07:00
· 0 ·
Over the past few months, merged mining has become a rather hot topic of conversation. #Dogecoin can now be merge mined with #Litecoin, and merged mining is also at the core of the sidechains proposal for #Bitcoin currently under production from Adam Back and Austin Hill. #Namecoin was one of the first major #cryptocurrencies to benefit from merged mining, but many people are still confused as to what it is and how it works. Let’s take a closer look at merged mining by using #Dogecoin and #Litecoin as an example of how it all works.
What is Merged Mining?
Merged mining is the process of allowing the miners of a certain #cryptocurrency to mine other cryptocurrencies based on the same hashing algorithm without the need to generate any additional computing power. As a result of this process, the hashing power of a new, alternative #cryptocurrency can be increased rather quickly. The way it works is that a miner is basically searching for the same answer to the puzzle involved in the next block reward of more than one #cryptocurrency at a time. The miner is trying to, essentially, solve the same block on two separate blockchains at the same time. The main reason that a lesser-known cryptocurrency may want to have their coins merge mined with a more popular blockchain is that other cryptocurrency’s miners will help secure the newer and less popular #blockchain. Miners tend to do things that are in their own best interests, which is why they should be more than happy to increase their chances of gaining a reward for their work without much-added cost.

for more read visit here: https://blog.cex.io/bitcoin-talks/dogecoin-and-litecoin-as-an-example-of-merged-mining-10480
Dogecoin Dogecoin
2016-10-21T05:17:23-07:00
· 0 ·
#cryptocurrency #Wallet Jaxx has announced plans to integrate #Litecoin into its platforms and apps following “significant community demand.” #Litecoin, the fourth largest #cryptocurrency by market capitalization valued at approximately US$180 million, has already been pre-approved by Apple. The integration will come into effect in early-October.

“We received countless requests from the community to add support for #Litecoin, and we knew it was already accepted by Apple on the App Store, so for us it’s a perfect fit and makes the most sense right now,” Anthony Di Iorio, founder and CEO of Jaxx, said in a statement. “Litecoin has stood the test of time; it’s very popular at number four, and it boasts better transaction times than bitcoin.”

The news comes shortly after Jaxx integrated Dash and #Ethereum Classic. Both digital currencies were rejected by Apple’s App Store but are nevertheless supported on other platforms including the Android apps, Chrome extension, and Window desktop software.


So far, Apple has approved #Bitcoin, #Litecoin, #Dogecoin, ether, #The #DAO tokens, #Ripple, steem, #Lisk and Digicash.

Jaxx currently supports bitcoin, #ether and DAO tokens on all nine platforms; #Dash and #Ethereum #Classic on seven of them. Di Iorio said he will announce the addition of several more tokens for integration into Jaxx’s suite of wallets in the coming months.

“We have always been pro-technology and pro-choice,” Di Iorio said.

“One of our primary goals is to give people options in a constantly evolving digital age. We are proud to be the one-stop shop for people managing their digital wealth; customers can now access their portfolio of coins, trade them, and hold onto their keys without having to trust a centralized exchange”

for more read visit here: http://coinjournal.net/jaxx-integrate-apple-store-approved-litecoin/
Litecoin Litecoin
2016-10-21T04:56:54-07:00
· 0 ·
Ever since #Bitcoin made an absolutely staggering run up in value, with multiple hundreds of percent growth, the race has been on to find “the next #Bitcoin.”

Many have tried, and most have had less than stellar results. One more entrant is stepping in, called #YoCoin, but will YoCoin have the competitive edge to succeed where so many before it have failed?

YoCoin’s big edge is that it’s not only easy to come by—reports note that “anyone with a decent graphics card in their computer can start #mining #YoCoin at home with little effort” thanks to a basis in the Scrypt mining algorithm—but that there are plenty of options in terms of use.

#wallets are currently on hand not only for Windows, but also for Mac OS X and Linux, making pretty much anything that has a decent graphics card more than able to go hunting #YoCoin.

It’s even actively being traded on several different exchanges, including #CoinExchange, Bloombit, Alcurex and several others.

Plus, reports note that #YoCoin is working tirelessly to get a presence in casinos, in shops, and in just about anywhere else that coin could be spent.

That’s a measure that could be a big help, and when one throws in the upcoming mobile wallet option set to hit, along with the potential for physical YoCoin coins—which will be considered more of a collectible or curiosity than currency—this could be the start of something particularly interesting.

YoCoin seems to be avoiding many of the pitfalls of bitcoin’s original run. It’s working to have places to use the #cryptocurrency that aren’t just found on the Deep Web, it’s making it a lot more #mainstream and simpler to work with, so that users may be more likely to get involved.

for more read visit here: http://paymentweek.com/2016-7-13-another-challenger-to-bitcoin-emerges-with-yocoin-10996/
yocoin yocoin
2016-10-21T02:31:57-07:00
· 0 ·
The #digital #currency evolution started with #Bitcoin in 2009, the year when it was first introduced. Bitcoin and other #Altcoins have since then become a very important part of the world’s economy. The popularity of bitcoin has made digital currency synonymous with finance and fintech sector.

However, the use of digital currency is not confined to fintech anymore. The #blockchain #technology powering #Bitcoin is an open source technology which can be used for a wide range of applications. Scientific research is one such area which has gained a lot of attention in the recent days. There are many crypto currencies developed for scientific applications till now, #Gridcoin is one such scientific application specific #cryptocurrency.

#Gridcoin shares few similarities with FoldingCoin, a cryptocurrency that facilitates protein folding studies. Gridcoin is designed to work with University of California, Berkeley’s BOINC (Berkeley Open Infrastructure for Network Computing) protocol. #Gridcoin is a math based #digital #currency that can be used to reward individuals for their contribution of processing power towards BOINC projects.
gridcoin gridcoin
2016-10-21T02:08:23-07:00
· 0 ·
The decentralized file sharing platform, Storj, officially launched into Beta mode on Saturday, just two days after the announcement that Microsoft Azure has included Storj's server and farmer packages in the Azure #blockchain as a Service (BaaS) download manager.

The beta version of Storj still contains invite-only, testing versions of the #platform. However, this new version is functional, allowing users to both upload real files and earn funds for hosting other people's files.

Shawn Wilkinson“The long wait for our community is now over! We are delighted to release our #beta #platform to our community and see real world applications of the technology. The first apps have already been created on Storj, and we expect many more soon.”

- Shawn Wilkinson, Storj Labs CEO


Storj is a two-year-old project aimed at offering a decentralized alternative to cloud file storage services like Dropbox. Instead of hosting user files in a central location, Storj has created a system where other users, called “farmers,” can host sliced-up and encrypted chunks of data, in exchange for the native #cryptocurrency, #storjcoinX.

#storjcoinX is a Counterparty asset, which means it uses the Bitcoin blockchain for transfer and security, and does not require #mining. All 500 million Storjcoins that will ever exist were created at one time, in 2014. Today, one #storjcoinX is worth 0.00022 #Bitcoin, or around US $0.09 cents at participating exchanges.

Storj Labs was born out of the open-source Storj project, much like the relationship between OpenBazaar and their development company OB1. A large community of developers has been working together since 2014 to build Storj ever since, mostly unpaid, although there is a budget for Storj Labs members, with an office in Atlanta.

In August 2014, Storj developers raised 910 bitcoin in a crowdsale, worth almost half of a million US dollars at the time. Early access to Storj's “MetaDisk” and “DriveShare” apps, which enable users to store and test renting out their unused hard disk space, were the primary rewards received from the sale.

Both apps have gone through many revisions as “alpha version” software, and never before has the network 'closed the loop,' allowing the same files being uploaded by one side to be stored by the other. Saturday's beta version finally allowed for that level of testing to occur.

for more read visit here: http://bravenewcoin.com/news/storj-celebrates-beta-launch-as-it-joins-microsoft-azure-baas/
storjcoinx storjcoinx
2016-10-20T23:39:56-07:00
· 0 ·
European Central Bank Wants EU Lawmakers to Attack Bitcoin

​Having been a Wall Street banker myself, unless you are a member of the ruling elite, I know that the centralized global financial system is an economic control grid. The European Union is a control grid under a control grid. Great Britain discovered that and are beginning to remove themselves from this grid, but the member nations still withing throws of this regional tyranny are facing new propaganda designed to control the future of money. A new Eurozone attack on Bitcoin is in the planning stages, and here are the details.

Never met a central bank that liked a decentralized currency

The current central banking system, which is essentially global in nature, is great, if you like things like endless national economic debt and banker bail-outs, or bail-ins, depending on what country and bank it is that needs a mulligan. With an entire continent under regulatory capture, and a license to literally print money, the European Central Bank (ECB) still feels the need to attack “#virtual #currencies” (Bitcoin) in a new missive released on Tuesday.

Check this out. The ECB received requests from the Council and the European Parliament in both August and September for an opinion on how to prevent the financial system from money laundering and terrorism funding. In this official ECB response, the first thing out of the ECB’s response, Subsection 1.1, is “Regulation of virtual currency exchange platforms and custodian wallet providers?”

Hiding behind the guise of terrorism funding and money laundering, this is their official stance on what seems to be Public Enemy #1, usage of Bitcoin:

“The proposed directive also requires the Member States to ensure that providers of exchanging services between virtual currencies and fiat currencies and custodian wallet providers are licensed or registered…..terrorists and other criminal groups are currently able to transfer money within virtual currency networks by concealing the transfers or by benefiting from a certain degree of anonymity on such exchange platforms. The use of virtual currencies also poses greater risks than traditional means of payment in the sense that the transferability of virtual currency relies on the internet and is limited only by the capacity of the particular virtual currency’s underlying network of computers and IT infrastructure”

The number of holes in this opinion is impressive. Registering exchanges create an extension of the control grid, a power grab, that is important to see. What if Bitcoin catches on in a big way? Do you think regulations from the establishment will get easier or harder? Will licenses be impossible to come by, like in New York with “#BitLicense,” where only one major company (Circle) has secured a BitLicense? The #BitLicense was a power play to force Bitcoin and related businesses out of the state, and it did its job beautifully.

Regarding the use of Bitcoin for money laundering and/or terrorism funding, the United Kingdom’s HK Treasury did an exhaustive review, almost exactly one year ago, of the financial sources for money laundering and terrorism #funding. What did they find to be the #1 source of these funds used illicitly? Banks! By a factor of 2:1 over any other direct source of funding. What was the least-used source? #digital #currencies. Banks were found to be almost 7X more likely to fund terrorism than Bitcoin. Don’t think the ECB doesn’t know about this study.

Finally, yes, Bitcoin is limited by its underlying network. There is less than 410 Billion USD in the entire global #Bitcoin system. The #1 terrorism funding source, being “banks,” have almost infinite funds, and through wires can move more money overall than Bitcoin ever could, just based on economic value available. So either the ECB is willfully ignorant of how Bitcoin is used or endlessly corrupt and looking to game an already rigged system even further.

So this five-page opinion report covers a one-page introduction, three-and-onehalf pages of cures for the many ills Bitcoin is responsible for and exactly two paragraphs on fixing the biggest source of these issues “Central registers of bank and payment accounts”

for more read: https://bitconnect.co/bitcoin-news/300/european-central-bank-wants-eu-lawmakers-to-attack-bitcoin/
InvestBTC InvestBTC
2016-10-19T04:22:59-07:00
· 0 ·
Blockchain.info Returns to Full Service - What was the damage?

The world of #Bitcoin and its businesses can be a wild one, and Wednesday was a unique spin on an old problem, cyber attacks on #Bitcoin #Wallet providers. As we have been following for you, one of the world’s largest Bitcoin wallet providers, #blockchain.info, suffered a unique DNS attack that forces the company to shut down for over seven hours. Peter Smith, CEO of Blockchain, has revealed the finer details of what happened during a hectic morning of security maintenance.

Not how you want to start your morning

​It all started on Wednesday at 5:42 AM EST, when their DNS servers were changed and their internal systems alerted them of the situation. The attack was on the registrar directly, not Blockchain. The company contacts their #registrar and regains control. They chose to shut down operations and assess the damage.

“While we waited for the fix to propagate across the internet, we investigated the malicious site to which the attacker had redirected traffic,” Smith said in his recent blog post. “We determined that due to the attacker using a self-signed SSL certificate, users using modern browsers – which the #Wallet requires – were prevented from being exposed to the phishing site.”

The best thing to do in these situations is to have a plan and act quickly. Smith says his team acted swiftly enough to mitigate the ability of these changes to make it throughout the entire Internet. They can restore service much quicker and help isolate the problem and location of key performance vectors.

for more read click here: https://bitconnect.co/bitcoin-news/293/blockchaininfo-returns-to-full-service/
niillso12 niillso12
2016-10-17T04:05:47-07:00
· 0 ·
Blockchain.info Returns to Full Service - What was the damage?

The world of #Bitcoin and its businesses can be a wild one, and Wednesday was a unique spin on an old problem, cyber attacks on #Bitcoin #Wallet providers. As we have been following for you, one of the world’s largest Bitcoin wallet providers, #blockchain.info, suffered a unique DNS attack that forces the company to shut down for over seven hours. Peter Smith, CEO of Blockchain, has revealed the finer details of what happened during a hectic morning of security maintenance.

Not how you want to start your morning

​It all started on Wednesday at 5:42 AM EST, when their DNS servers were changed and their internal systems alerted them of the situation. The attack was on the registrar directly, not Blockchain. The company contacts their registrar and regains control. They chose to shut down operations and assess the damage.

“While we waited for the fix to propagate across the internet, we investigated the malicious site to which the attacker had redirected traffic,” Smith said in his recent blog post. “We determined that due to the attacker using a self-signed SSL certificate, users using modern browsers – which the wallet requires – were prevented from being exposed to the phishing site.”

The best thing to do in these situations is to have a plan and act quickly. Smith says his team acted swiftly enough to mitigate the ability of these changes to make it throughout the entire Internet. They can restore service much quicker and help isolate the problem and location of key performance vectors.

for more read click here : https://bitconnect.co/bitcoin-news/293/blockchaininfo-returns-to-full-service/
jayno665 jayno665
2016-10-17T03:36:57-07:00
· 0 ·
Safe and Secure #Bitcoin #investment Solution.
Successfully running worldwide for more then 8 Months
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2016-10-13T03:52:55-07:00
· 0 ·
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2016-10-13T03:48:22-07:00
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2016-10-13T03:45:36-07:00
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2016-10-13T03:30:28-07:00
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2016-10-13T03:16:46-07:00
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nobody nobody
2016-10-12T07:09:10-07:00
· 0 ·
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daan455 daan455
2016-10-12T03:24:03-07:00
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aapo1234 aapo1234
2016-10-12T03:11:44-07:00
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sunikso1 sunikso1
2016-10-12T03:09:30-07:00
· 0 ·
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adaine1 adaine1
2016-10-12T02:57:21-07:00
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jayno665 jayno665
2016-10-12T02:48:04-07:00
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jacky90 jacky90
2016-10-01T02:34:18-07:00
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amlbitco amlbitco
2016-10-01T00:38:56-07:00
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2016-10-01T00:01:11-07:00
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2016-09-30T23:47:18-07:00
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2016-09-30T23:43:54-07:00
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2016-09-30T23:37:23-07:00
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2016-09-30T23:28:07-07:00
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2016-09-30T22:53:37-07:00
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2016-09-30T22:39:35-07:00
· 0 ·
Reason behind Bitcoin Beating Every Single and Other Investment

If you ones experienced and liked the see-saws, you might like and adore in investing in Bitcoin too. The Bitcoin investing do really need a big courage and valor of conviction and passion but the rewards and freebies can be beyond compared and supreme.

A glimpse and glance at the Bitcoin rates and worth starting from the way back 2010 can tell and elaborate to us that the certain currency experienced and went through with numerous ups and downs moments. While the mountain peak was reached and recorded in years 2013 and 2014 and in year 2015 Bitcoin had fallen off and stumble again to the United States of America’s dollar at $200 echelons and has been progressively craving and inching its path towards the all time high record of $1000 stages once again.

On the other hand, in the short term and period of time Bitcoin has been unpredictable and fickle, while last May 24 same year of 2016 the Bitcoin prices reached $775 and by the June 23, with also the same year 2016 the prices was reportedly fallen and diminished into $560. One of the recent rise and escalate in the Bitcoin price was because of the uncertainties and qualms caused by the Brexit or the United Kingdom’s exiting from the European Union.

Bitcoin thrash each and every other investment. The Compound Annual Growth Rate which is the CAGR is one certain way and methods of measuring and weighing the return on the investments over a given time frame. To be able and in order to calculate and measure the CAGR we need a beginning or foundation value, an ending or result value and a given time frame or a period of time.

For an example, here is the formula of CAGR:

CAGR = (Ending Value/Beginning Value) (1/No. Of Years) – 1

The CAGR gives and enables us to puzzle and depict some ideas of how much a certain investment will grow and expand at a probable annual rate for the time frame or period of time and we are looking and figuring at. If we will compare the CAGR of various and diverse investments in the past last 3 years, we get and summed a picture that the Bitcoin has far outrage and outperformed traditional and conventional investments products.

It is crystal clear coming from this table an depiction that the Bitcoin is leaps and also bounds ahead and upgraded of most major assets at the moment when it comes to returns, and be they stocks, or the commodities or even the real estates.

The question that lingers to you after all was “should you be in Bitcoin?” Well, it is up and only depends upon on who you are and how much of a risk and hazard appetite you have in yours but the digital assets like the Bitcoin are the certainly something that the investors should consider and take in for their portfolios and folder files. From the way back in year 2015 month of December, the Reuters published a news story entitled with “Record highs predicted for Bitcoin as new supply halves”. Not only did the Reuters assert and emphasize that as a supply of the virtual currency reduces and lessen, the price and worth should rise and hike as in the case of the traditional and customary fiat currencies. It also varies an interesting and attention catchy comment and statement from Daniel Masters which is a co-founder of the Jersey-based Global Advisors Hedge Fund. The prediction and forecast Masters made was Bitcoin hitting and touching down at $4,400 by the year of the 2017. The claim and declaration by Masters is based on the increasing and hiking acceptances and adoptions by the big companies, the technology behind the Bitcoin and the growing and expanding demand and craving for the Bitcoin in the China as the Chinese economy slows and runs down and the Yuan weakens and wanes.




Prepared by:
The XMLGold Team
July 27, 2016
https://www.xmlgold.eu https://www.xmlgold.eu/en/news/article/188
#Bitcoin #cryptocurrency #bitconnect
SamicaMcSZ SamicaMcSZ
2016-09-19T08:08:35-07:00
· 1 ·
#Bitcoin and #digital asset exchange #Kraken has ceased #Namecoin #trading form the exchange after determining that the currency did not warrant the effort to continue support due to low trading volumes.

Kraken has revealed that it will not continue to keep or support #Namecoin, following an assessment of supported coins in its exchange prior to making certain technical upgrades.

A blog post by Kraken explains that the exchange had to “reassess which coins were worth keeping and which would be worth the additional effort to continue to maintain.” In making the assessment, it was determined that #Namecoin did not make the cut, due to low trading volumes for the currency. As a result of the lack of trading, Namecoin was delisted from Kraken on May 23.

An excerpt from the blog read:

It is no longer possible to deposit or trade #Namecoin on the exchange and clients with Namecoin balances should withdraw their funds as soon as possible.
At its peak, #Namecoin had amassed a market cap of over $97 million, a high achieved in November 2013 by the currency. Currently, the currency holds a market cap of just over $5 million, according to #CoinMarketCap.

Kraken insisted that Namecoin’s delisting does not reflect on the “merits of #Namecoin as a digital asset.”

The exchange claimed to be supporters of #Namecoin for a long time and stuck to supporting the token through merged mining and a trying time when a fundamental flaw was discovered within Namecoin. At the time, Namecoin which is the basis for a decentralized domain name system (DNS), was found to contain a flaw which potentially allowed any ‘.bit’ domain to be compromised, by anyone.

Namecoin has seen a marked decrease in #trading and market cap since its 2013 highs. Brief respite followed toward mid-2015 but the decline continued soon after, despite the near zero-trading fees offered by exchanges like #Kraken.
namecoin namecoin
2016-09-12T02:46:05-07:00
· 0 ·
#Bitcoin #mining is perhaps best viewed as a speculative endeavor.

Miners take electricity and turn it into bitcoin, hoping that they can generate a profit when the cost of producing the #digital #currency is less than the amount spent on power. When they can't, miners have two options – they can begin mining another #cryptocurrency or shut down their equipment for good.

For some miners, the recent bitcoin halving forced this very choice.

Early this summer, the amount of bitcoins the network was programmed to pay out per block was cut in half, falling from 25 to 12.5 BTC. In a matter of minutes, #Bitcoin #mining became less profitable.

But, rather than abandon their machinery and their efforts, a notable minority elected to begin mining a #cryptocurrency called #Peercoin.

While there were other options that could have been considered, there were some reasons for the specific choice. Launched in 2012, peercoin is among the more tenured #cryptocurrencies, and it uses a similar hash function as bitcoin.

After all, for miners to liquidate the cryptocurrencies that they mine, there needs to be a market, and in order to mine those coins, their equipment needs to be compatible with the network.

#Peercoin, which also uses the SHA-256 cryptographic hash function, and sees $100,000 in daily volume, fits this need.

Researcher Adam Hayes explained that the #Peercoin network hashrate surged from roughly 500 terahashes per second (TH/s) to 6,500 TH/s following the halving, and that this was the most notable of the increases he observed.

Hayes even went so far as to personally participate in this increase as a hobby miner looking to optimize his performance.

For a short time, Hayes said he was able to use his Antminer S9 to increase his leverage, telling CoinDesk:

"It was marginally more profitable by about 200%."

For more information click here: http://www.coindesk.com/how-peercoin-got-a-boost-from-bitcoins-halving/
peercoin peercoin
2016-09-09T04:34:09-07:00
· 0 ·
One of the co-founders of #digital #currency payment network #Stellar has announced her resignation.

In a statement published to her personal blog, Joyce Kim said that she would be “passing on the torch” of executive director to her co-founder, Jed McCaleb, who co-founded Ripple and was the original owner of Tokyo-based #Bitcoin exchange #MtGox.

Though resigning from the executive director post, Kim said that she would continue in her capacity as chairperson of the startup's board.

In the blog post, Kim indicated that slow-moving legal changes in the financial industry and increasingly specialized product design played a role in her decision. But she added with a hint of optimism that her work abroad in micro-finance would impact her involvement with future projects.

Kim wrote:

"I count myself lucky for this experience as there are very few times in our careers when we design products beyond the tech-included demographic. I want to take these learnings with me to other parts of our ecosystem as well."

Looking back

Kim and McCaleb founded Stellar in 2014 with the aim of helping to facilitate low-cost transactions for users that lack access to traditional payments channels. Early on, the project positioned itself as geared toward the world's underbanked in developing regions.

As its basis, Stellar used a fork of the original Ripple consensus algorithm that was later altered following network issues.

#Stellar would find itself the subject of controversy after its founding, when a lengthy report in the New York Observer offered a take on Kim's and McCaleb's exit from the #Ripple project.

#Stellar would ultimately be drawn into a legal dispute between Ripple and several other parties over roughly $1m in disputed funds. Earlier this year, the dispute was resolved when those funds were released to Stellar.

for more information click here: http://www.coindesk.com/stellar-co-founder-resigns-executive-director/
stellar stellar
2016-09-09T02:58:34-07:00
· 0 ·
#WAVES, #[243] #decentralized #platform ​which uses custom Blockchain tokens to represent value, has finished ICO, raising over $16.000.000 USD in Bitcoin.

CoinTelegraph spoke to Alexander Rugaev, Chief Business Development Officer at #WAVES, about the features of the platform, Yobit failure and the #Wavecoin soon to be available on exchanges.

CT: How much #Bitcoin was raised?

Alexander Rugaev: #WAVES finished ICO in June 2016 and raised over $16.000.000 USD in Bitcoins. It is considered to be the biggest amount in BTC even compared to Ethereum.

CT: How does the Waves platform work?

AR: Put simply it’s like combining Ripple with Next and Tether. In future the banking finance sector will have token gateways which will implement USD, EUR, GBP, CNY. This is the first priority of the team and we hope it will be done by September at the latest, but in a stable decentralized trading system on top the #Wave #platform.

The second priority is the decentralization of crowdfunding. We want to make it possible for those people without bank accounts to easily transfer money. We believe that stable coins could be crypto analog for bank accounts.

However, all the fiat operations will be AML/KYC compliant and the financial gateways will be similar to Ripple. We would also like our partners to issue #Waves-linked debit cards by 2017. This way it will be possible to trade any asset pair in future.

for more information click here: https://cointelegraph.com/news/blockchain-platform-waves-finishes-ico-raises-over-16000000-usd-in-bitcoin
wavescoin wavescoin
2016-09-09T00:21:06-07:00
· 0 ·
Welcome back to another #Bitcoin News in Review, where we feature some of the biggest stories of the week here on CryptoCoins News. This week, there was a drop in the #Bitcoin price, #Dogecoin’s price continued to decline, Ecuador banned Bitcoin in favour of its own #cryptocurrency, and more. Check out this week’s Bitcoin News in Review after the break.

[divider]CCN[/divider]

Explaining Bitcoin’s Recent Price Drop

Why The Bitcoin Price Is Going Down
The Bitcoin price fell below $600 this week.
If you’ve been monitoring the Bitcoin price this week, you’ve probably noticed that it has dropped below $600 USD (currently at $58. While it’s rarely possible to pinpoint an exact cause for a price change, there are a few good theories for the recent drop. People may be selling BTC for travel (it’s summer vacation), big Bitcoin holders (whales) may be selling, or maybe there simply isn’t any real reason for the price to go up at this time. You can read more theories as well as an in-depth analysis here.

Dogecoin’s Decline

#Dogecoin-Preis fällt, Reddcoin steigt
sad shibe
#Dogecoin isn’t really dead, but if things don’t change soon, #Dogecoin may be on its way out. This week, the #Dogecoin price continued to decline. The #Dogecoin #community is well-known for its strong community and impressive marketing (e.g. Josh Wise’s Dogecar), but that doesn’t seem to have helped the price, which has been on a downwards trend throughout 2014. At the time of this post, one #Dogecoin is worth 37 Satoshis (compare that to 111 Satoshis just four months ago).

This 90-day Dogecoin chart demonstrates how the Dogecoin price fell from 111 satoshis to 37 in less than 3 months.
So why does the price continue to fall despite the community’s efforts? It’s highly possible that the price drop is due to the way Dogecoin itself works. Unlike most cryptocurrencies, Dogecoin is inflationary, meaning that coins are not capped and can be produced infinitely. This drives the price down because the more coins are produced, the less valuable they seem.

Furthermore, #Dogecoin is seeing competition from another altcoin – Reddcoin. Reddcoin is also inflationary, but unlike Dogecoin, Reddcoin is taking steps to ensure that inflation does not drive the price down. In an attempt to save the altcoin, Dogecoin will finally merge mine with Litecoin. But whether or not this saves Dogecoin remains to be seen.
Dogecoin Dogecoin
2016-09-08T23:53:37-07:00
· 0 ·
a Japanese #cryptocurrency exchange, has announced that it has added another currency, XEM, into its trading platform. XEM, the cryptocurrency of the #NEM #blockchain #platform, has experienced a significant rise in its value in the last two weeks. Currently the XEM market cap is over 100 million USD. The #NEM #blockchain #technology has a huge following in Japan, thanks to Zaif CEO, Takao Asayama has been officially assigned as Director of #NEM Japan. He shall represent NEM’s presence in Japan.

CEO of Dragonfly Fintech, core member of the NEM team, and advisor to the Blockchain Collaboration Consortium in Japan, Lon Wong said: “It is timely that we can engage someone in Japan to spearhead the development and promotion of the NEM blockchain technology. Japan seems quick to jump onto this technology ahead of the rest of the world, although this solution was mooted and developed in the USA and Europe. Given Takao Asayama’s commitment and involvement, we are confident that he will be able to take NEM to the net level in Japan.”

Zaif Exchange is one of Japan’s main exchanges. Currently, the Zaif exchange trades only #Bitcoin and #Monacoin, but will soon include the XEM/JPY currency pair. The XEM/BTC pair will follow in the next couple of weeks. Zaif additionally offers support for auto-reserve service which will be ready in about a month. Customers in Japan can buy XEM automatically using the dollar cost averaging method.

#NEM is a 2.0 blockchain platform with some features that are unique to NEM, including NEM Mosaics and the multi-signature feature. The #NEM Mosaics are unique tokens or assets that can be created by an entity to be used for its application, e.g., game points or an asset to represent a currency or another #cryptocurrency such as #Bitcoin.

Tech Bureau Corp., the parent company of the Zaif Exchange, developed Mijin, a private blockchain solution that uses the #NEM #blockchain #technology. Its next release, Catapult, a private blockchain solution, will see a substantial improvement in performance and throughput compared to Mijin. When completed, Catapult will be contributed to the NEM open source project, as well as deploying it into the NEM public blockchain. NEM’s Catapult applies a private/public chain model.

For more information click here: http://allcoinsnews.com/2016/07/04/xem-added-to-japanese-crypto-exchange-zaif-nem-names-its-ceo-a-japan-director/
nemcoin nemcoin
2016-09-08T04:52:56-07:00
· 0 ·
Described as the new #digital #currency that online drug-dealers have started to adopt because it enables them to conduct business with more anonymity, the price of two-year-old Monero skyrocketed lately, driven by the announcement of several darknet markets to accept #Monero as payment.

AlphaBay, one of the most popular sites for buying drugs like liquid LSD and hybrid cannabis, said last week it has partnered Oasis to begin accepting #Monero on September 1. This led to increased media coverage, attracting more speculators towards the currency.

Whether the factor behind the quick rise is solely due to darknet markets’ adoption is unknown. However, with the report by RAND Europe that says illegal drug transactions on #cryptomarkets have tripled since 2013, with revenues doubling, it couldn’t be far from being a major factor.

The research institute names vendors who indicated they were operating from the U.S. as having the highest market share of drugs (35.9 percent of total drug revenues) followed closely by the U.K. (16.1 percent), Australia (10.6 percent), Germany ( 8.4 percent) and The Netherlands (7.1 percent) revenue share.

Another factor that could have contributed to the rise is the growing efforts to decriminalize Bitcoin use which may have shifted attention from the top #cryptocurrency. A group of researchers two weeks ago announced the creation of an analysis tool for US law enforcement that can be used to overcome the challenges of criminals using Bitcoin for transactions. Sandia‘s work focused on law enforcement’s most immediate need to reduce the time and resources necessary to trace illicit commerce.

Trading in #Monero has also increased with exchanges such Poloniex recording more than 1,300 Bitcoin worth of its trade in 24 hours.

The growing interest has also drawn the attention of wallets. #Bitwala recently added it to the list of accepted #Altcoins and #cryptocurrencies for its users to pay bills, send out international bank transfers and use it to top up their debit card.

#Monero aims to be a secure, private and untraceable #cryptocurrency. It was created in April 2014 as an open source project and is currently maintained by seven core developers, the most prominent fabulously calling himself “Fluffy Pony”.

The main differences between #Monero and #Bitcoin are its default use of stealth addresses and ring signatures, obfuscating most transaction data like sender, recipient and payment amount. By implementing these features, the currency offers its users full transaction anonymity.

Unlike Bitcoin forks, Monero is based on the CryptoNote protocol whose transactions cannot be traced through the #blockchain to reveal its sender or receiver.

Bitcoin has its pseudonymity which enables its users not to be obliged to disclose ownership of bitcoins. However, given the transaction history and data that Bitcoin users have disclosed about themselves, it may be possible to recover information about particular bitcoins.

The market values of Bitcoin and Monero are also different. Despite its spike in price, the low rate of Monero is still affordable for interested users when compared to Bitcoin’s which has gone large scale and pierced into conventional financial system to be eyed by investors.

Monero may not be able to sustain the momentum when compared to bitcoin which has outgrown several phases. A further growth in the adoption of Monero may draw greater regulatory measures that won’t augur well for the future of cryptocurrencies in general.

For More Information click here: https://www.cryptocoinsnews.com/untraceable-cryptocurrency-monero-is-booming/
monero monero
2016-09-07T22:49:37-07:00
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2016-09-02T05:42:38-07:00
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ziezul789 ziezul789
2016-08-31T05:15:18-07:00
· 0 ·
my #Bitcoin address: 1LcKLAPRA95PoMqAdXrA4Wvs1uWKs13qsx
Donations are welcomed!! Because I need some #financial aids.
tony3579 tony3579
2016-08-27T22:22:05-07:00
· 0 ·
banaay banaay
2016-08-18T08:20:37-07:00
· 0 ·
So if most altcoins are useless, then what’s the point of developing Monero? Spagni offered three reasons for Monero’s existence:

#Monero is a place to experiment with things that #Bitcoin simply can't experiment with right now. Stuff like our fixed minimum block reward to retain long-term mining incentives, or our so-called egalitarian PoW algorithm that closes the performance gap between CPUs, GPUs, and ASICs, to the point where ASICs may never be financially viable, or at least will not be performant enough to justify a complete abandonment of GPU mining.”
#Monero is an independent fallback for #Bitcoin that is created in much the same spirit as Bitcoin: an #Anonymous creator that disappeared after the community took it over, pure PoW with no crazy nonsense like overly complex PoS schemes, an alternate EC curve to Bitcoin's secp256k1, and specific differences (like the PoW and the minimum block reward) that make #Monero more like ‘A #peer-to-Peer Electronic Cash System’ than anything else. Let me clarify that I am a huge believer in Bitcoin, and I'm not implying at all that #Bitcoin will ever fail, but it's comforting to know that in the event of a major, massively disruptive break in Bitcoin there is something else out there.

“Monero is a truly fungible, truly private #cryptocurrency, that is constantly trying to build on and improve its privacy. The way we view it is simple: one day, somewhere along the line, Monero's privacy is going to mean life or death for someone. They will be in a highly adversarial environment where an attacker's ability to track their Monero transactions means their death. It would be incredibly, incredibly irresponsible and reckless of us to treat our work on Monero's privacy as anything less critical than that, regardless of who our end users are. I do not want to be responsible for someone's death, and neither do any of the Monero contributors or the members of the #Monero Research Lab or my fellow members of the Monero Core Team.”
Although ShapeShift CEO Erik Voorhees and Bitcoin Core contributor Peter Todd have hinted that privacy-focused altcoins may be useful as appcoins for mixing Bitcoin transactions in the past, Spagni does not see things that way.

“Any rails in and out of #Bitcoin are for convenience only,” he said. “They're a potential privacy leak, no matter whether you're offloading the counterparty risk to someone like ShapeShift or xmr.to, or you're using decentralized rails that will exist in the future. Monero's privacy features are built with the view that you will stay within the system as much as possible to ensure the greatest level of privacy possible.”
monero monero
2016-07-30T03:18:11-07:00
· 0 ·
1 — #Dash was launched in January 2014 – then called Darkcoin – by developer Evan Duffield, whose ideas about privacy didn’t find much traction among Bitcoin’s core developers. Hence the coin’s distinguishing feature: a protocol-level, trustless mixing service called DarkSend, soon to be re-branded as PrivateSend.

2 — Because it has a #Bitcoin codebase, Dash is compatible with all existing merchant, exchange, and #Wallet software that’s previously been written for #Bitcoin.

3 — Since launch, #Dash has successfully implemented a function called InstantSend, which offers a confirmation within an average of 1.3 seconds to users who choose to pay the fee.

4 — The network’s block time is every 2.5 minutes and its mining difficulty is able to be adjusted up to every single block, using an algorithm called Dark Gravity Wave.

5 — The currency’s mining algorithm is called X11 and its current ASIC-driven hashrate is roughly 500 gigahashes per second.

6 — The current block reward is 3.88 #Dash and this amount decreases by 7.1 percent each year giving Dash a slow and steady emissions curve nearing zero at around 22 million coins.

7 — When measuring node count by market cap, Dash’s infrastructure robustness is more than an order of magnitude higher than the competitors of say, #Bitcoin or #Ethereum.

Dash
Graph via #DashPay Magazine
8 — The network’s block reward is paid out to three separate groups: 45 percent to miners for security; 45 percent to masternodes for InstantSend and PrivateSend functions; with the remaining 10 percent – the treasury – equaling roughly $1 million USD worth of Dash per year, paid out to developers, marketers, auditors, and anyone else who’s approved for a project.

9 — Masternodes prove a 1,000 #Dash collateral holding, which gives them proper incentives to provide governance. Their democratic votes decide both who should get funding from the treasury, and the direction that development should go.

10 — The project’s next major development, dubbed “Evolution,” is slated for release in late 2017 and will make many of the features above automatic and obscured away from the user. This will make for a digital cash that even your mother could use.
dashcoin dashcoin
2016-07-30T00:37:31-07:00
· 0 ·
Japanese #cryptocurrency exchange Zaif has added another #digital_currency ‘XEM’ into its #trading_platform with the inclusion of the XEM/JPY currency pair. The XEM/BTC pair will follow in the next two weeks.

The value of XEM, the #cryptocurrency of the #NEM #blockchain platform, has skyrocketed in the last two weeks. It is currently the sixth largest cryptocurrency by market capitalization ($98.81 million at press time).

#NEM is a 2.0 #blockchain platform with some unique features such as the #NEM Mosaics and the multi-signature. The NEM Mosaics are unique tokens or assets that can be created by an entity to be used for its application, e.g., game points or an asset to represent a currency or even another cryptocurrency such as #Bitcoin.

The #NEM #blockchain technology has a huge following in Japan. Zaif CEO Takao Asayama has been the official spokesperson for #NEM in Japan over the last few months and has been officially assigned as Director, NEM Japan.

Tech Bureau Corp., the parent company of the Zaif Exchange, developed a private blockchain solution – Mijin – that uses the NEM blockchain technology. Its next release, Catapult, a private blockchain solution, will see a substantial improvement in performance and throughput compared to Mijin. When completed, Catapult will be contributed to the #NEM open source project, as well as deploying it into the NEM public #blockchain.

“The project to fusion Tech Bureau and NEM into one big community is a continuing challenge for us all. However, NEM has grown its market cap by 5,000% in last 6 months since Tech Bureau started working on mijin with the 3 NEM core developers. I am proud to say that number is one of the indicators which symbolizes our success”, Asayama said. “Now I am responsible for the Japan chapter as a director and excited to see that NEM has already started making a certain volume of buzz here. I am excited to launch the new common Catapult core this summer.”

Currently, the Zaif exchange trades only #Bitcoin and Monacoin. With the inclusion of XEM, it is poised to take the position as a premier exchange in Japan, especially given that the #NEM project is well received in the country. Also, Zaif will also offer support for auto-reserve service which will be ready in about a month. Customers in Japan can buy XEM automatically using the dollar cost averaging method.
nemcoin nemcoin
2016-07-29T23:59:45-07:00
· 0 ·
SAP is venturing into #blockchain technology applications. The German multinational company, a market leader in enterprise application software and a legend in the enterprise computing world, announced that it collaborated with digital fintech company #Ripple and two banks, ATB Financial in Canada and ReiseBank in Germany, to demonstrate how banks can improve the efficiency of cross-border payments by using #blockchain technology.

Working with a team at ATB Financial, SAP and #Ripple designed and built a proof-of-concept prototype based on #blockchain technology. The prototype was used to send a test CAD $1,000 payment from ATB Financial to ReiseBank. According to the SAP#press-release, the payment, which would typically have taken between two to six business days to process because of requirements such as settling with the counterparty bank and reconciling accounts, was completed in around 20 seconds.

Using #blockchain-technology for efficient, fast and cheap cross-border payments is nothing new. What is interesting here is the involvement of SAP. With 78,000 employees, 310,000 corporate customers worldwide and a 2015 annual revenue of €20.8 billion, the company is the world’s third largest independent software manufacturer based on market capitalization. SAP has long been considered the embodiment of German quality and solid, no-nonsense enterprise computing for large firms.

“ATB stepped up as a relatively early adopter of digital in the banking world,” Kris Hansen, senior principal, industry value engineering - financial services, ‎SAP Canada, told #Bitcoin Magazine. “By 2011 the bank had already moved from legacy systems to a digital core. This paved the way for a level of speed and innovation less forward-thinking banks could only dream of. The #blockchain demo is the latest example of how that early investment is paying off, and how ATB is prepared for a future led by digital forces. It’s also evidence of what digitally-ready banks and fintechs can do if they team up.”

The technology prototype connects SAP HANA Cloud, the open platform as a service from SAP, and the SAP Payment Engine application, which centralizes payment processing in one solution, with Ripple’s network. For the demonstration, SAP provided a mobile user interface through which the payment was executed.

#Ripple’s distributed financial technology allows for banks around the world to directly transact with each other without the need for a central counterparty or correspondent. Ripple’s solution is built around a decentralized network that offers a cryptographically secure end-to-end payment flow with instant transaction verification. According to the company, 12 of the top 50 banks are working with #Ripple.

ATB Financial is the largest Alberta-based financial institution, with assets of $46.8 billion. In 2011, the bank migrated its entire legacy banking system to a major new core system built using SAP solutions, making it one of the largest SAP deployments in North American banking.

“Although we are very much still in the early stages of blockchain adoption, it was highly encouraging to see in a true demonstration the potential it has in transforming cross-border payments, making them almost instantaneous and reducing potential errors,” said Curtis Stange, chief strategy and operations officer, ATB Financial. “Using SAP HANA Cloud Platform, we’re able to experiment and be nimble with emerging innovations like #blockchain. The next stage for us, working with SAP and #Ripple, will be to understand how the front-end experience should work for the benefit of our customers.”


More Reading click here: https://bitcoinmagazine.com/articles/sap-and-ripple-collaborate-on-cross-border-payments-trial-using-blockchain-technology-1468862163
Ripple Ripple
2016-07-29T22:53:41-07:00
· 0 ·
VOOTCOIN VOOT

#VootCoin is an innovative coin that will serve as a major currency in the DarkvootMarket, a fully peer-to-peer on-line marketplace with no central authority. #VootCoin and DarkvootMarket will be powered by Tor anonymity networks. The only code will be the #Bitcoin Protocol and other annoymity are developed by Voot Team which consists of 5 developers.

We vision a future that people will able to transact business on line using #VootCoin due to the 100% anonymity of the transactions and this will help the value to grow because of the DarkVootMarket where members can sell anything.

#Anonymous #Wallet and DarkvootMarket are currently in beta testing and full implementation will be performed 10-21 days after the PoW period.
vootcoin vootcoin
2016-07-11T02:44:58-07:00
· 0 ·
#Vericoin has launched an innovative and potentially game-changing approach to gaining merchant acceptance that could shake up the altcoin world should the service gain broader usage.

Launched in May, #Vericoin is a proof-of-stake altcoin that features a variable #interest rate which fluctuates depending on how many coins are staking. As more coins are used to stake and support the network, the interest rate climbs.

One of the ways in which alternative digital currencies seek a broader audience is through expanding merchant acceptance. Companies like Coinkite and #CoinPayments.net enable payments in altcoins, but it remains unclear exactly how successful these efforts have been at expanding the number of merchants that take alternative #digitalcurrencies as a payment method.

To date, roadblocks have emerged owing to the infrastructure an altcoin needs to be accepted by merchants and the varied willingness on the part of these businesses to accept a potentially #volatile digital currency.

Enter VeriBit

#Vericoin sidesteps these obstacles entirely with VeriBit, a value-added service to the network that enables people to make smaller #Bitcoin purchases with their vericoin. VeriBit acts as a go-through for vericoin spenders, facilitating purchases for consumers at any business that accepts bitcoin.

This new service opens up the tens of thousands of merchants currently accepting bitcoin to consumers who wish to use vericoin.

CoinDesk spoke with co-creator Patrick Nosker, who said that prior to a feature like VeriBit, those who wanted to use an altcoin to make a payment had to exchange a set amount for bitcoin. But, because of factors such as exchange fees and the natural #Volatility of a marketplace, consumers face the real risk of losing value prior to making their purchase.
vericoin vericoin
2016-07-09T02:49:03-07:00
· 0 ·
#Bitcoin 4 FRΞΞDOM
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2016-07-09T00:04:02-07:00
· 0 ·
Digital Currency Revolution
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BTCC introduces titanium physical bitcoins – ‘BTCC Mint’ coins

BTCC, one of the leading bitcoin exchanges in the world, has launched its new line of titanium physical bitcoins.

BTCC #Mintcoins are physical coins with digital currency inside them. They are created with pure titanium, meaning that they are lightweight, durable, and sleek, with a silvery gray finish.

The company describes ‘BTCC Mint’ as the first in the industry to offer physical coins with uncirculated #bitcoins. The inaugural issue of BTCC Mint coins is the 2016 One Bitcoin V Series – a titanium physical bitcoin with a private key worth 1BTC attached to it.

“BTCC Mint V-Series coins are an industry first, as they contain bitcoins that have never been circulated. In fact, the bitcoins in BTCC #Mintcoins come straight from the bitcoin block rewards mined by BTCC Pool”, BTCC said.

It further said that these coins have the potential to appreciate in value eventually, given the limited nature of bitcoin issuance in the coming years and the limited number of V-series coins that BTCC will mint each year.

“Mint coins are made for #Bitcoin enthusiasts and coin collectors. They can be used as a secure cold wallet to store your bitcoin #investment. #Mintcoins are also collectibles that have a unique, limited edition design, making them a shrewd choice for discerning numismatists”, the website reads.
mintcoin mintcoin
2016-07-08T04:38:38-07:00
· 0 ·
When everyone talks about anon-based #cryptocurrencies, one of the first tokens mentioned is Dash. The number 7 top #cryptocurrency market capitalization is held by the Dash community. However, another anonymous digital currency is moving steadily up the ladder without all the frills and marketing called #Monero. Without a steady influx of campaigning the Monero currency has managed to grow to be the second most popular anon coin with a market capitalization of over $17 million.

monero-1Monero isn’t new, and some may not have heard about the #cryptocurrency yet. Despite this, the token is being regularly adopted and has grown quite a bit in value. Currently, Monero is resting at $1.40 per XMR at the time of writing and people believe it has maintained integrity since its inception in April of 2014. Unlike typical coin shuffling procedures which some would say are not entirely honest about anonymous sending features, Monero uses the CryptoNote protocol which has been deemed superior in some cryptographic circles. The team explains that Monero’s modular code architecture has been praised by Wladimir J. van der Laan, the #Bitcoin Core developer.


#Monero has other attributes people dig as well, being one of the only cryptocurrencies paired in market #trading on the popular exchange Poloniex. Just as Litecoin was paired with its own markets on Poloniex offers XMR trading directly with most of its other altcoin selections. The cryptocurrency has a long ways to go to catch up to Dash, but the team seems to be modestly moving forward without caring what others think or speculate. It will have to stay competitive with Dash and the upcoming Zcash release. The founder of the untraceable digital currency Zcash, Zooko Wilcox, launched the public alpha of the project back in January 2016. Zcash was also recently praised by Edward Snowden.

The world of Anon-based cryptocurrencies are not as big as they once were a couple of years ago when Altcoins proposing anonymity features seemed to be everywhere. Currently, there are only a few strong communities left, and this includes #Monero and Dash. There isn’t a big marketing campaign surrounding the Monero protocol, but it is definitely one to watch as its technology is intriguing to many and some consider it underrated.
monero monero
2016-07-06T04:58:16-07:00
· 0 ·
The #Syscoin development team is pleased to announce that it has added Bitcoin as a payment option to its decentralized marketplace.
“By enabling direct #Bitcoin payments within the Syscoin decentralized marketplace, we’ve exposed key functionality to a much larger demographic. This also greatly simplifies the process for anyone looking to use Syscoin’s Decentralized Marketplace functionality while insulating users from possible #Syscoin price volatility.”
says Dan Wasyluk, Syscoin’s team manager and co-developer. Bitcoin payments will begin being accepted along with Syscoin’s “Shade” #Wallet release, tentatively targeted to be launched in March of 2016.
ABOUT SYSCOIN

#Syscoin is a revolutionary #cryptocurrency that allows low-cost financial transactions like Bitcoin, and provides the infrastructure to trade goods, assets, digital certificates and data securely in its wallet and web based decentralized marketplace. “Unlike other cryptocurrencies, Syscoin’s value is intrinsic due to its value being directly related to the services it provides.” said Syscoin development team manager Dan Wasyluk. Syscoin trades under trade symbol SYS on virtual currency exchanges.
ABOUT SYSCOIN’S DECENTRALIZED MARKETPLACE

Syscoin’s Decentralized Marketplace has been a work-in-progress since its launch of August 16th, 2014. Its launch showcased a console-based service, allowing more than simple transfers of funds; a fully Decentralized Marketplace as well as many other innovative features. Since this launch, the Syscoin Development team has been working at giving its marketplace a graphical interface and fine-tuning its many features that will make using Syscoin’s services a user-friendly experience for both clients and merchants.
ABOUT THE SYSCOIN DEVELOPMENT TEAM

An open-source development team of 5, the Syscoin team has been developing innovation in #cryptocurrency for the last two years; they are experienced in various software languages in order to ensure its current and future usability via the compatibility and ease-of-use of its services.
syscoin syscoin
2016-07-04T02:58:34-07:00
· 0 ·
What is Nautiluscoin?

#Nautiluscoin was first heralded in a CNBC article (we’ll call this article “the 2014 article”) published more than a year ago. In the 2014 article, Brian Kelly documents his experience creating an altcoin using the now defunct coingen.io. In that article, Kelly admits his new altcoin has some flaws, and “I decided that the best use of #Nautiluscoin was education.”

I have to assume that the Nautiluscoin Brain Kelly described creating in the 2014 article is not the same Nautiluscoin he is pimping pumping today. My assumption is based on one simple reason: Matt Corallo’s coingen.io was a snazzy one-stop shop for altcoin creation, but it didn’t have a proof-of-stake option.

So what’s the deal with this new and improved Nautiluscoin? Kelly designed a proof-of-stake coin that uses a large pre-mine reserve as a central bank, which Kelly calls the “Nautiluscoin Stability Fund.” It will employ counter-cyclical monetary policy to keep growth relatively steady. When growth occurs rapidly, the central bank reserve will pay low interest rates to Nautiluscoin owners. When growth is lagging, it will pay higher interest rates.

Additionally, Kelly says Nautiluscoin will be backed by gold. He says he has designed the system so that the gold backing will remain consistent as more Nautiluscoin is released:

The fees generated will be used by the Nautiluscoin Stability Fund to purchase gold – in this way, as the monetary ecosystem grows the amount of gold backing Nautiluscoin will also grow. Our goal by recycling the fees is to grow the amount of gold backing Nautiluscoin.
This isn’t an exhaustive description of Nautiluscoin, but it’s the basic points. You can read the whole #Nautiluscoin White Paper here.

Read more: Litecoin Overtakes #Bitcoin #trading Volume

How Greece Fits into the picture

The main thrust of Kelly’s announcement this week is that his Nautiluscoin will debut on the main stage in Greece later this month. He cites the ongoing debt crisis as the perfect backdrop to unveil his new coin. Kelly has struck a deal with the Mayor of Agistri to use the small island as a “pilot program” for Nautiluscoin. What isn’t clear is what this means- how will he possibly convince merchants to accept Nautiluscoin?

Kelly specifically cites the tourism industry as the vector for promoting Nautiluscoin. This is where I get really, really confused. Perhaps I’m daft, but I don’t understand how an altcoin will promote tourism. My research indicates the island is already a tourist destination, so let’s assume that’s true. I have to imagine in times of crisis (like the present), merchants want what tourists already have: cold, hard cash. This was Andreas #Antonopoulos’ take:

Antonopoulos Tweet
Image from twiiter.com
The Greeks on the island of Agistri have access to cash that most other Greeks can only dream of at the moment. I harbor serious reservations they would entertain the idea of giving up that advantage.

Of course, the situation in Greece does seem to be encouraging interest in bitcoin, but that is not necessarily true in Agistri.
Nautiluscoin Nautiluscoin
2016-07-04T02:27:16-07:00
· 0 ·
#Bitcoin and digital asset exchange Kraken has ceased #Namecoin #trading form the exchange after determining that the currency did not warrant the effort to continue support due to low trading volumes.

Kraken has revealed that it will not continue to keep or support #Namecoin, following an assessment of supported coins in its exchange prior to making certain technical upgrades.

A blog post by Kraken explains that the exchange had to “reassess which coins were worth keeping and which would be worth the additional effort to continue to maintain.” In making the assessment, it was determined that #Namecoin did not make the cut, due to low trading volumes for the currency. As a result of the lack of trading, Namecoin was delisted from Kraken on May 23.

An excerpt from the blog read:

It is no longer possible to deposit or trade Namecoin on the exchange and clients with Namecoin balances should withdraw their funds as soon as possible.
At its peak, Namecoin had amassed a market cap of over $97 million, a high achieved in November 2013 by the currency. Currently, the currency holds a market cap of just over $5 million, according to Coinmarketcap.

Kraken insisted that Namecoin’s delisting does not reflect on the “merits of Namecoin as a digital asset.”
namecoin namecoin
2016-07-04T00:28:06-07:00
· 0 ·
#Peercoin is often called the third #cryptocurrency after |#Bitcoin and Litecoin. It even reaches $7 per coin sometimes. But along with that it has also fallen to $0.40 and below often, but has always found power to rise again.

The PoS technology forever changed the cryptocurrency market, though #Peercoin (PPC) has already quitted the stage. It is the fifth year of existence of this cryptocurrency which originates since the August, 2012.

History of Peercoin price fluctuation

At the beginning of April, 2014 this coin appeared on the exchanges with an initial price of $0.38 - $0.42. Then Peercoin began falling and many were happy to get rid of it at the price of $0.12 - $0.16 in the summer and fall of 2013.

In November #Peercoin made a sharp rise and by the November 30th traders received $7.3 for one Peercoin. It gave the general capitalization of the coin of $153 266 894. Those who bought Peercoin until its entry into the exchange at the price of 10 000 Peercoin for one Bitcoin were especially glad — it allowed them to gain about $70 000 for one Bitcoin. Having drawn a double top on the price chart, Peercoin began falling continuously throughout all of 2014, and in January, 2015 Peercoin again reached the price of $0.42.

Peercoin in 2016

In 2016 the Peercoin developers will prepare many technological novelties. Sunny King brings news every week and the program code is constantly updated. Interest of miners in this #cryptocurrency doesn't weaken. It gives us hope that the price will make a start from $0.42 and to new tops more than once now

Url link : http://cointelegraph.com/news/peercoin-rise-and-fall-is-it-rising-again
peercoin peercoin
· Thailand 2016-07-04T00:09:09-07:00
· 0 ·
While the #Factom digital currency was #trading in a volume-less grind for most of October and November of last year – December ushered in a massive rally that catapulted #Factom to an all-time high of 0.0020399. The market has cooled quite a bit since hitting that high on the 21st of December, and some very clear pivot zones have emerged on the chart. The 0.00137 area provided a lot of support since the start of the year. Price plunged underneath this pivot area today, so 0.00137 has a very high chance of now turning into resistance. If price fails to break above 0.00137 in the next few days, another sell-off is very likely to take place!

Disclaimer: This is not trading/investment advice!

Chart source: https://poloniex.com/exchange#btc_fct If you liked this article follow us on twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest #Bitcoin and altcoin price analysis and the latest #cryptocurrency news.
factom factom
· Malaysia 2016-07-03T23:47:00-07:00
· 0 ·
RUSSIA’S CENTRAL SECURITIES DEPOSITORY USES #NXT FOR BLOCKCHAIN VOTING

The National Settlement Depository (NSD), #Russia’s central securities depository, has developed and successfully tested an e-proxy voting system running on a distributed ledger built with #NXT blockchain.

The NSD, a member of the Moscow Exchange, is a Russian nonbanking credit organization, Russia’s central depository and a professional securities market player. The organization provides depository, banking settlement and relevant services to market players.

Russia’s National Settlement Depository Successfully Tests Blockchain-Based E-Voting System

Mike Rymanov, founder and CEO of DSX Technologies, said the NSD choses Nxt above #Bitcoin and Ethereum after careful consideration. Here’s the reason why Bitcoin and Ethereum weren’t a good solution.

WHY THEY CHOSE NXT INSTEAD OF #Bitcoin OR ETHEREUM

“Using the proof-of-work (PoW) Bitcoin blockchain would have potentially created a situation where a particular node with a superior computing power could gain an unfair advantage over its peers, thus jeopardizing the security of the network and, if being a malicious actor, could rig the results of the vote,” said Rymanov. “Furthermore, we see PoW systems as an unnecessary drain on resources in private permissioned blockchains.”
“With regards to Ethereum, our team has been in touch with the Ethereum core developers and has been informed that the current limit on processing is around 60 transactions per second,” added Rymanov. “However, even though Ethereum offered a huge improvement both in functionality and processing speed over Bitcoin blockchain, it did not match the NSD requirements.”
Nxt is much ahead of the competition because it has a fully functional decentralized platform running for a few years now. It’s build with Java which is often used by banks and businesses. Also it’s much easier to build anything on Nxt than on other blockchains. Here the response of Mike Rymanov about why the Russia’s National Settlement Depository did go for Nxt:

“After a careful consideration we have selected #NXT,” Rymanov said. “The proof-of-stake (PoS) blockchain has provided us with enough flexibility to architect a solution that is scalable, stable and with processing capabilities well in the range of NSD expectations. In the lab environment we have pushed DSX fork of NXT to process up to 800 transactions per second. With the custom developed e-proxy voting module running on top of the #NXT fork we have stabilized the system at 80 votes per second, which is 160 transactions per second reaching a notable result in line with NSD expectations.”
nxtcoin nxtcoin
· Bangladesh 2016-06-30T03:53:06-07:00
· 0 ·
Like all #blockchain based networks, #Dash has been a Decentralized Autonomous Organization (DAO) from the start. But unlike almost all networks that are forked from or similar to #Bitcoin, Dash’s ecosystem has been massively remodeled since its birth.
In August 2015, 10% of Dash’s block reward became available for funding whatever the network deemed necessary above and beyond its miner and masternode infrastructure. The following month in September, the first payouts were voted upon by Dash’s then ~3100 masternodes.
Contractors
The first proposals to receive requisite “yes” votes from Dash’s masternodes were to hire various contractors. A “Core Team” salary was voted in, supporting both full and part-time contractors under an umbrella fund created by lead developer Evan Duffield.
Andy Freer has been hired to develop Dash’s forthcoming Evolution, and Ira Miller of Git Guild has been hired to integrate Dash into a series of Lamassu ATMs.
Projects & Events
In addition to ongoing contractor payments, many standalone projects have been funded:
In a category that might be called “basics,” there’s been the creation of a Dash foundation, the web design of Dash’s homepage, the purchase of domain Dash.org, and the acquisition of DashTalk forum.
For general usability, there’s been the funding of “liquidity providers” to decrease PrivateSend mixing times, coding of Electrum wallet for Dash support, a Dash debit card via SpectroCoin, integration with hardware wallets such as Trezor and KeepKey, a vendor-geared Wi-Fi portal, a WooCommerce “Pay with Dash” plugin, and an integration with the ROKOS operating system.
And in the promotional category, there’s been material distribution at a Brazilian tennis match, sponsorship of The Daily Decrypt, promotional graphics by Alex-ru, the DashnDrink vending machine with InstantSend support, a four month marketing campaign from The Vanbex Group, and a three month video campaign of #Dash: Detailed.
Speeches and presentations have also been funded, given at the Latin American Bitcoin Conference, Miami’s TNABC, Amsterdam’s Bitcoin Wednesday, Satoshi RoundTable, and Anarchapulco.
Policies & ‘No’ Votes
Several proposals have received “no” votes, from hiring a specific marketing agency to “catch-all” proposals for sending un-allocated coins to a “core” fund; from changing Dash’s mining algorithm away from X11 to funding research for “proof-of-labour” security alternatives.
Policy matters have also been decided, such as increasing Dash’s block size cap from 1MB to 2MB should it become necessary (“yes”) to de-activating Dash’s YouTube channel mirror (“no”).
Effects on Capitalization & Network
When the new DAO was adopted by the network in August 2015, Dash’s market capitalization was roughly $18 million USD. Now, ten months later, that number has tripled to $58 million USD. This puts Dash near its post-release all time high capitalization of $60 million USD — a feat many, and perhaps most, blockchain networks have not accomplished.
The network’s voterbase and infrastructure has also grown, as masternode count has increased 20% from an initial ~3100 to today’s ~3900.
http://dashpaymagazine.com/index.php/2016/06/23/dash-dao-10-months-progress-report/
dashcoin dashcoin
· china 2016-06-29T04:05:30-07:00
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2016-06-25T04:38:36-07:00
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2016-06-25T04:37:03-07:00
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2016-06-25T04:35:10-07:00
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2016-06-25T04:27:43-07:00
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· united kingdom 2016-06-24T04:09:05-07:00
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· poland 2016-06-24T04:04:42-07:00
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· austria 2016-06-24T04:01:16-07:00
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· poland 2016-06-24T03:56:05-07:00
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BYOBANK BYOBANK
2016-06-13T02:46:13-07:00
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2016-05-25T07:54:08-07:00
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kamvreto kamvreto
2016-05-24T12:26:27-07:00
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2016-05-09T14:49:27-07:00
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elnaver767 elnaver767
2016-05-01T22:42:38-07:00
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maxxiBTC maxxiBTC
2016-05-01T22:19:07-07:00
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BitcoinSX BitcoinSX
2016-04-25T20:22:03-07:00
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"Trade was meant to be free,” says project head Brian Hoffman. “This idea inspired us to spend the last two years building OpenBazaar. Starting today, anyone in the world with access to an Internet connection can use Bitcoin and OpenBazaar to exchange goods and services freely. We can’t wait to see how people will use this tool." #bitconnect #Bitcoin #Bitcoinnews #BitConnectnews
jigarj5 jigarj5
2016-04-08T22:23:49-07:00
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benkimmi benkimmi
2016-03-29T09:25:47-07:00
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2016-03-29T09:23:04-07:00
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2016-03-24T20:57:14-07:00
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Australia Moves to Support Bitcoin Community; Removes GST Tax

The world of Bitcoin has been a hectic one in The Land Down Under over the last couple of years. As I reported back at the end of 2014, Australia is one of the world’s most fervent and eager Bitcoin markets, controlling approximately 7% of the world supply. MasterCard has attacked Bitcoin’s growth in Australia to protect their market share. And the nation’s banks have made life particularly difficult for Bitcoin startups to conduct business.

Now, Bitcoin’s nascent technology has finally found some relief from the attacks of the status quo. The Australian government is removing GST taxes and will move to help build a “competitive environment” for Bitcoin and the burgeoning finch industry.

Australia is officially stepping forward for Bitcoin

In December of 2014, Australia made the use of Bitcoin itself subject to GST taxes, creating a “double taxation” effect, given the fact that most purchases already are subject to GST taxes in the country. This update will right that wrong, according to an official statement by the Australian government’s Treasury.

"The Government recognizes that that the current treatment of digital currency under GST law means that consumers are ‘double taxed’ when using digital currency to buy anything already subject to GST. The Government is committed to addressing the ‘double taxation’ of digital currencies and will work with the industry on legislative options to reform the law relating to GST as it is applied to digital currencies” , the release said.

Of course, nations will look to attach AML/KYC regulations to the use of the currency to protect them against terrorism. Their new release on the matter even speaks of creating a “regulatory sandbox” to help Bitcoin and finch startups reduce risks, lower costs and gain traction.

"Removing the ‘double taxation’ treatment for GST on digital currencies and applying adequate anti - money laundering and counter - terrorism financing rules may facilitate further developments or use in the future” , they added.

As Andreas Antonopoulos and others have said directly to the government of Australia, taking a pro-Bitcoin leadership position can be huge for the country. the citizens have already taken a liking to the financial option, and with China and Japan in the region and familiar with the digital currency, there is a lot of upside to creating a friendly Bitcoin business environment. The treasurer seems to have taken this to heart, after due consideration.

"As Treasurer, I want to help create an environment for Australia’s FinTech sector where it can be both internationally competitive and play a central role in aiding the positive transformation of our economy”, said Australia’s Treasurer Scott Morrison.

This splash of good news in the region dovetails nicely with the ruling in Japan to treat Bitcoin as a standard currency , not an economic scourge. With broader government support, this should help Bitcoin adoption grow, along with business innovation and investment. The market seems ready to invest in a growing market segment over the next 10-15 years rather than fear a short-term market adjustment towards a new global technology. Score another one for Bitcoin. #Australia #GST #Tax #Bitcoin elnaver767
elnaver767 elnaver767
2016-03-22T07:40:54-07:00
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