Spain to Tax its Bitcoin Miners up to 47% of Profits - CryptoCoinsNews

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Spain to Tax its Bitcoin Miners up to 47% of Profits CryptoCoinsNews A recent notice from the official taxation authority in Spain sees bitcoin mining fall under the purview of an economic activity, opening cryptocurrency mining to taxation. Bitcoin and cryptocurrency miners in Spain will see taxation of their profits …

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Spain to Tax its Bitcoin Miners up to 47% of Profits - CryptoCoinsNews

Spain to Tax its Bitcoin Miners up to 47% of Profits - CryptoCoinsNews

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Spain to Tax its Bitcoin Miners up to 47% of Profits CryptoCoinsNews A recent notice from the official taxation authority in Spain sees bitcoin mining fall under the purview of an economic activity, opening cryptocurrency mining to taxation. Bitcoin and cryptocurrency miners in Spain will see taxation of their profits …

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Spain to Tax its Bitcoin Miners up to 47% of Profits - CryptoCoinsNews

The Ether Review #39 - Zooko Wilcox, Zcash and Cryptography in the 1990s

Zooko Wilcox has more than 20 years of experience in open, decentralized systems, cryptography and information security, and startups. He is recognized for his work on DigiCash, Mojo Nation, ZRTP, ?’?œZooko?’?s Triangle?’, Tahoe-LAFS, BLAKE2, and SPHINCS. He is also the Founder and CEO of Least Authority. He sometimes blogs about health science.

In recent years, progress in the area of zero knowledge proofs has made it possible to construct a blockchain whose miners can verify transactions, or state changes, without seeing the information contained in those transactions. Many of the individuals developing these tools have joined Zooko to form the Zcash company. Zcash aims to be a truly anonymous cryptocurrency, but more than just a currency, it is the first step toward managing privacy on public blockchains. Recently, at the Cornell University blockchain hackathon, Zcash team members participated in a successful effort to include an implementation of zero knowledge proofs known as ZKsnarks into an ethereum client running on a test net a monumental achievement in blockchain anonymity. In addition to this, the Zcash team are using the BTCRelay codebase to construct ZRelay, a bridge between the Zcash, Ethereum and Bitcoin blockchains.

The final third of this episode is a casual discussion of the culture of the field of cryptography roughly between 1990 and 2000.

Zcash

Chain analysis tools:

Blockchain.info

OTX.me

live.ether.camp

Chain analysis services:

Elliptic

Chain Analysis

A very limited article on the history of cryptography but a conclusion worth skipping to.

Great Forbes article on the dismay some mathematicians feel at the dominance of the NSA in their field of employment.

The Cypherpunk FAQ

Wikipedia links:

Phil Zimmerman

David Chaum

Content: Zooko Wilcox, Arthur Falls

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The Ether Review #39 - Zooko Wilcox, Zcash and Cryptography in the 1990s

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Why Bitcoin Mining Pools Aren’t Incentivized to Broadcast Blocks Quickly

Bitcoin Barcamp

Image by Halans

It is generally accepted that latency in block propagation is one of the bottlenecks for Bitcoin scaling. This is why many of Bitcoin’s most active developers and researchers have presented a series of solutions to compress blocks and speed up propagation over the past years.

It is not as well known that these solutions may not suffice on their own. Due to a practice called “spy mining” or “pool-watcher mining,” Bitcoin mining has increasingly come to rely on the data and network infrastructure provided by mining pools.

As a result, many mining pools are not necessarily incentivized to broadcast their blocks to the network as fast as they can — regardless of latency in block propagation.

Selfish mining

To understand how this is possible, let’s first take a brief look at an older concept: “selfish mining”.

In short, selfish mining is a type of attack where miners find new blocks, but do not immediately broadcast these blocks to the network. The miners do, however, mine on top of any new found block they find themselves: they are mining “selfishly.” This gives them a head start to find the next block, while all other competitors are wasting their resources mining on top of an older block.

But hiding a new block is also risky. While a selfish miner hides a block, competitors may find a competing block. If this competing block makes its way through the network before the selfish miner’s block does, the selfish miner would have wasted its own resources by hiding the block: the block is now worthless.

For selfish mining to be profitable, therefore, the attacker requires a significant amount of hash power on the network — some 25 to 30 percent at least. And more than half of all hash power on the network is surely enough. Though, with a majority of hash power, the attack perhaps starts to resemble a 51 percent attack and not just a selfish mining attack.

A “selfish 51-percent attack,” if you will.

Luckily, no miner (or mining pool) currently controls over half of all hash power on the Bitcoin network, or even 25 percent. At least not directly…

Validationless mining

A lot of miners do engage in a type of “validationless mining” or (less accurately termed) “SPV mining”.

A Bitcoin block consists of several pieces of data: transactions, a timestamp, a nonce and more. One important piece of data is a reference to the previous block: the block header hash. The block header hash can only be generated using the block header of the previous block, which can in turn only be generated using all data in that block. The idea is that a miner cannot mine a new block before it has seen the previous block.

But there is a bit of a loophole. Using onlythe block header hash, miners can try and find the next block just as well — even without knowing the previous block header, nor any of the other data in the previous block.

This can potentially come in handy. If miners can get a block header hash before receiving an actual block, they can try and find a new block more quickly, which allows them to be more profitable.

And as it turns out, there is indeed a way for miners to often get a block header hash before receiving an actual block.

Spy mining

The mining pools that today account for most blocks mined on the network really consist of many individual miners: e.g., “hashers.” These hashers are all trying to find a new block on behalf of their pool, using a block header hash they received from their pool.

A pool, of course, wants its connected hashers to mine on top of a new block as soon as possible. So if a pool finds a new block, it immediately sends the block header hash to all its hashers for them to mine on top of. And since this block header hash consists of minimal data, and because there is a direct connection between the pool and all hashers, the block header hash typically gets to these hashers very quickly.

This is where spy mining comes in.

Competing miners (including competing mining pools) can receive this block header hash from the mining pool as well. They simply need to connect to the pool, much like all the hashers. But instead of hashing for the pool, these miners then take the block header hash and mine on top of it for themselves. They’re spy mining.

The pool that has the block header hashes may not even notice the difference between real hashers, and the spy miners. And if the pool does notice the difference, it may not even care. There’s no real disadvantage for the pool.

Perhaps unsurprisingly, therefore, over half of all miners on the network (by hash power) currently engage in spy mining.

Smaller problems

Unfortunately, spy mining — like all validationless mining — does present some problems.

Spy miners can’t check block header hashes for validity; they need all the other block data for that (the transactions, the nonce, etc). As such, spy miners have to place some trust in the mining pools they get the block header hashes from. This means that if the mining pool mines invalid blocks, it can — in a worst case scenario — lead to blockchain forks. (Much like the 2015 BIP66 blockchain fork.)

Additionally, mining pools can abuse the trust placed in them, especially if they can identify their spy mining competitors; for example, by feeding corrupt block header hashes to (some of) the spy miners. This tactic can cause spy miners to waste their resources, in turn making the Bitcoin network less secure.

And, until they receive the full block, spy miners can only mine empty blocks; that’s the only way to ensure they don’t include any double-spend transactions. This means that the total number of transactions throughput on the Bitcoin network is lower than it could be.

Luckily, however, in part thanks to several safeguards applied by spy miners, these problems are all relatively minor. While probably not ideal, risks to the Bitcoin network are limited.

Broadcasting

Widespread engagement in spy mining, however, enables a bigger problem.

Because so many miners (and pools) are spy mining, each time a mining pool finds a block and transmits the block header hash, this mining pool effectively directs a majority of all hash power to mine on top of that block — immediately. As such, there is no longer a big risk of this block being rejected and discarded for a competing block. Most of the network already accepts this block through the block header hash.

This practice, in turn, allows mining pools to launch selfish 51 percent attacks, simply by delaying broadcasting their new blocks to the network. More specifically, it allows mining pools to launch selfish 51 percent attacks against any miner that does not engage in spy mining, and against some identified spy miners. While a mining pool and its spy miners get a headstart mining on top of the new block, all other miners waste their resources. (At least for some time, depending on the safeguards imposed by spy miners.)

Amazingly, this even means that mining pools can gain advantage by being sloppy. Mining pools can, for instance, benefit from buggy software that delays broadcasting blocks by a few seconds — or more than a few.

Although mining pools should want to broadcast their blocks to the network as fast as they can, widespread engagement in spy mining seems to have skewed these incentives for the worse — with no clear solution in sight.

The post Why Bitcoin Mining Pools Aren’t Incentivized to Broadcast Blocks Quickly appeared first on Bitcoin Magazine.

Bitcoin Magazine

Why Bitcoin Mining Pools Aren’t Incentivized to Broadcast Blocks Quickly

Stanford University to Host Blockchain Conference

Ahead of the Blockchain Protocol Analysis and Security Engineering 2017 conference slated for January 2017, the Cyber Initiative of Stanford University has announced its call for papers from interested presenters. The conference will explore the use of formal methods, empirical analysis, and risk modeling to better understand security and systemic risk in blockchain protocols. It […]

The post Stanford University to Host Blockchain Conference appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Bitcoin News www.bitcoins.am

Stanford University to Host Blockchain Conference

Why Bitcoin Mining Pools Aren’t Incentivized to Broadcast Blocks Quickly

Bitcoin Barcamp

Image by Halans

It is generally accepted that latency in block propagation is one of the bottlenecks for Bitcoin scaling. This is why many of Bitcoin’s most active developers and researchers have presented a series of solutions to compress blocks and speed up propagation over the past years.

It is not as well known that these solutions may not suffice on their own. Due to a practice called “spy mining” or “pool-watcher mining,” Bitcoin mining has increasingly come to rely on the data and network infrastructure provided by mining pools.

As a result, many mining pools are not necessarily incentivized to broadcast their blocks to the network as fast as they can — regardless of latency in block propagation.

Selfish mining

To understand how this is possible, let’s first take a brief look at an older concept: “selfish mining”.

In short, selfish mining is a type of attack where miners find new blocks, but do not immediately broadcast these blocks to the network. The miners do, however, mine on top of any new found block they find themselves: they are mining “selfishly.” This gives them a head start to find the next block, while all other competitors are wasting their resources mining on top of an older block.

But hiding a new block is also risky. While a selfish miner hides a block, competitors may find a competing block. If this competing block makes its way through the network before the selfish miner’s block does, the selfish miner would have wasted its own resources by hiding the block: the block is now worthless.

For selfish mining to be profitable, therefore, the attacker requires a significant amount of hash power on the network — some 25 to 30 percent at least. And more than half of all hash power on the network is surely enough. Though, with a majority of hash power, the attack perhaps starts to resemble a 51 percent attack and not just a selfish mining attack.

A “selfish 51-percent attack,” if you will.

Luckily, no miner (or mining pool) currently controls over half of all hash power on the Bitcoin network, or even 25 percent. At least not directly…

Validationless mining

A lot of miners do engage in a type of “validationless mining” or (less accurately termed) “SPV mining”.

A Bitcoin block consists of several pieces of data: transactions, a timestamp, a nonce and more. One important piece of data is a reference to the previous block: the block header hash. The block header hash can only be generated using the block header of the previous block, which can in turn only be generated using all data in that block. The idea is that a miner cannot mine a new block before it has seen the previous block.

But there is a bit of a loophole. Using onlythe block header hash, miners can try and find the next block just as well — even without knowing the previous block header, nor any of the other data in the previous block.

This can potentially come in handy. If miners can get a block header hash before receiving an actual block, they can try and find a new block more quickly, which allows them to be more profitable.

And as it turns out, there is indeed a way for miners to often get a block header hash before receiving an actual block.

Spy mining

The mining pools that today account for most blocks mined on the network really consist of many individual miners: e.g., “hashers.” These hashers are all trying to find a new block on behalf of their pool, using a block header hash they received from their pool.

A pool, of course, wants its connected hashers to mine on top of a new block as soon as possible. So if a pool finds a new block, it immediately sends the block header hash to all its hashers for them to mine on top of. And since this block header hash consists of minimal data, and because there is a direct connection between the pool and all hashers, the block header hash typically gets to these hashers very quickly.

This is where spy mining comes in.

Competing miners (including competing mining pools) can receive this block header hash from the mining pool as well. They simply need to connect to the pool, much like all the hashers. But instead of hashing for the pool, these miners then take the block header hash and mine on top of it for themselves. They’re spy mining.

The pool that has the block header hashes may not even notice the difference between real hashers, and the spy miners. And if the pool does notice the difference, it may not even care. There’s no real disadvantage for the pool.

Perhaps unsurprisingly, therefore, over half of all miners on the network (by hash power) currently engage in spy mining.

Smaller problems

Unfortunately, spy mining — like all validationless mining — does present some problems.

Spy miners can’t check block header hashes for validity; they need all the other block data for that (the transactions, the nonce, etc). As such, spy miners have to place some trust in the mining pools they get the block header hashes from. This means that if the mining pool mines invalid blocks, it can — in a worst case scenario — lead to blockchain forks. (Much like the 2015 BIP66 blockchain fork.)

Additionally, mining pools can abuse the trust placed in them, especially if they can identify their spy mining competitors; for example, by feeding corrupt block header hashes to (some of) the spy miners. This tactic can cause spy miners to waste their resources, in turn making the Bitcoin network less secure.

And, until they receive the full block, spy miners can only mine empty blocks; that’s the only way to ensure they don’t include any double-spend transactions. This means that the total number of transactions throughput on the Bitcoin network is lower than it could be.

Luckily, however, in part thanks to several safeguards applied by spy miners, these problems are all relatively minor. While probably not ideal, risks to the Bitcoin network are limited.

Broadcasting

Widespread engagement in spy mining, however, enables a bigger problem.

Because so many miners (and pools) are spy mining, each time a mining pool finds a block and transmits the block header hash, this mining pool effectively directs a majority of all hash power to mine on top of that block — immediately. As such, there is no longer a big risk of this block being rejected and discarded for a competing block. Most of the network already accepts this block through the block header hash.

This practice, in turn, allows mining pools to launch selfish 51 percent attacks, simply by delaying broadcasting their new blocks to the network. More specifically, it allows mining pools to launch selfish 51 percent attacks against any miner that does not engage in spy mining, and against some identified spy miners. While a mining pool and its spy miners get a headstart mining on top of the new block, all other miners waste their resources. (At least for some time, depending on the safeguards imposed by spy miners.)

Amazingly, this even means that mining pools can gain advantage by being sloppy. Mining pools can, for instance, benefit from buggy software that delays broadcasting blocks by a few seconds — or more than a few.

Although mining pools should want to broadcast their blocks to the network as fast as they can, widespread engagement in spy mining seems to have skewed these incentives for the worse — with no clear solution in sight.

The post Why Bitcoin Mining Pools Aren’t Incentivized to Broadcast Blocks Quickly appeared first on Bitcoin Magazine.

Bitcoin Magazine

Why Bitcoin Mining Pools Aren’t Incentivized to Broadcast Blocks Quickly

Blockchain Network Synereo Partners Silicon Valley’s NFX Guild to Accelerate dApp Dev Teams

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Satoshi Square LA

The NFX Guild, a mentorship-driven startup accelerator, has partnered with Synereo, a blockchain-based, decentralized social network, to develop an ecosystem of decentralized applications (dApps) on top of Synereo’s Blockchain 2.0 platform. The organizations share the vision of a freer and fairer Internet. Synereo’s technology for the next class of the NFX Guild accelerator program. The […]

The post Blockchain Network Synereo Partners Silicon Valley’s NFX Guild to Accelerate dApp Dev Teams appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

“IndyWatch Feed Crypto”

Blockchain Network Synereo Partners Silicon Valley’s NFX Guild to Accelerate dApp Dev Teams

Blockchain Network Synereo Partners Silicon Valley’s NFX Guild to Accelerate dApp Dev Teams

Trading bitcoin

Image by pinguino

Satoshi Square LA

The NFX Guild, a mentorship-driven startup accelerator, has partnered with Synereo, a blockchain-based, decentralized social network, to develop an ecosystem of decentralized applications (dApps) on top of Synereo’s Blockchain 2.0 platform. The organizations share the vision of a freer and fairer Internet. Synereo’s technology for the next class of the NFX Guild accelerator program. The […]

The post Blockchain Network Synereo Partners Silicon Valley’s NFX Guild to Accelerate dApp Dev Teams appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

“IndyWatch Feed Crypto”

Blockchain Network Synereo Partners Silicon Valley’s NFX Guild to Accelerate dApp Dev Teams

Would a Deutsche Bank Collapse Impact Bitcoin Prices?

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coindesk.com / Charles Bovaird / September 30, 2016

The pressure is building for Deutsche Bank.

Germany’s largest and most financially leveraged bank continues to see its stock price languish as other firms distance themselves from the beleaguered financial institution.

Indications that the bank may pay billions of dollars to the US government in order […]

The post Would a Deutsche Bank Collapse Impact Bitcoin Prices? appeared first on The Bitcoin Channel.

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Would a Deutsche Bank Collapse Impact Bitcoin Prices?

Industry Report: Authorities Warn Against OneCoin, Likely Scam

Dash partners with Coinfirm, the U.S. forms a caucus to create digital currency policies, and users are warned against OneCoin. Want to catch up on your latest digital currency and tech news? Read the stories below.

Also read: Industry Report: Yahoo Gets Hacked, 500 Million Accounts At Risk

DASH

Digital currency Dash is partnering with blockchain compliance platform Coinfirm. The company is set to provide Dash with an easy route into the “hearts” of businesses and corporations looking to allow digital currencies as potential methods of payments for the purchases of goods and services. The best news is that the partnership is not slated to interfere with Dash users’ present levels of privacy.

Dash’s director of finance Ryan Taylor explains:

“Coinfirm offers its customers truly world-class tools to meet regulatory requirements in an easy and effective manner. Dash benefits greatly from Coinfirm’s integration by accelerating the onboarding process for regulated businesses. By integrating Dash, Coinfirm also joins a growing list of businesses that recognize Dash’s up-and-coming status, and we’re excited about the opportunities this integration opens for our ecosystem and our users.”

U.S. CAUCUS

Congressmen Mick Mulvaney of South Carolina and Jared Polis of Colorado are creating the Congressional Blockchain Caucus, designed to teach both businesses and policy-makers alike about the benefits and technology behind bitcoin and digital currencies. The two legislators have teamed with the non-profit Coin Center in an attempt to persuade additional members of Congress to join them at the helm.

A longtime advocate of bitcoin, Polis said in a statement:

“The blockchain has boundless potential. From cryptocurrencies to supply chains to banking to property titling, blockchain-based solutions have the ability to decentralize cyber-security and revolutionize many industries.”

ONECOIN

London police are investigating a cryptocurrency called OneCoin, and the Financial Conduct Authority is warning against its usage. In the past, OneCoin has exhibited many of the classic qualities of a Ponzi scheme. The FCA’s warnings are now being reiterated by additional organizations in Europe, including the Swedish Bitcoin Foundation and the Belgian Financial Services and Market Authority.

An analysis behind multi-level marketing and OneCoin released a statement in September 2014 explaining:

“[OneCoin] is a simple recruitment-driven pyramid scheme, backed with a residual binary compensation structure. Masquerading as a cryptocurrency, OneCoin’s OneTokens are nothing more than Ponzi points. The more people join the OneCoin concept, the higher the popularity and value of the currency.”

Know of any stories that belong in our regular industry reports? Post your comments below!

---

Images courtesy of Bitcoinist, OneCoin.

The post Industry Report: Authorities Warn Against OneCoin, Likely Scam appeared first on Bitcoinist.net.

Bitcoinist.net

Industry Report: Authorities Warn Against OneCoin, Likely Scam

Industry Report: Authorities Warn Against OneCoin, Likely Scam

Dash partners with Coinfirm, the U.S. forms a caucus to create digital currency policies, and users are warned against OneCoin. Want to catch up on your latest digital currency and tech news? Read the stories below.

Also read: Industry Report: Yahoo Gets Hacked, 500 Million Accounts At Risk

DASH

Digital currency Dash is partnering with blockchain compliance platform Coinfirm. The company is set to provide Dash with an easy route into the “hearts” of businesses and corporations looking to allow digital currencies as potential methods of payments for the purchases of goods and services. The best news is that the partnership is not slated to interfere with Dash users’ present levels of privacy.

Dash’s director of finance Ryan Taylor explains:

“Coinfirm offers its customers truly world-class tools to meet regulatory requirements in an easy and effective manner. Dash benefits greatly from Coinfirm’s integration by accelerating the onboarding process for regulated businesses. By integrating Dash, Coinfirm also joins a growing list of businesses that recognize Dash’s up-and-coming status, and we’re excited about the opportunities this integration opens for our ecosystem and our users.”

U.S. CAUCUS

Congressmen Mick Mulvaney of South Carolina and Jared Polis of Colorado are creating the Congressional Blockchain Caucus, designed to teach both businesses and policy-makers alike about the benefits and technology behind bitcoin and digital currencies. The two legislators have teamed with the non-profit Coin Center in an attempt to persuade additional members of Congress to join them at the helm.

A longtime advocate of bitcoin, Polis said in a statement:

“The blockchain has boundless potential. From cryptocurrencies to supply chains to banking to property titling, blockchain-based solutions have the ability to decentralize cyber-security and revolutionize many industries.”

ONECOIN

London police are investigating a cryptocurrency called OneCoin, and the Financial Conduct Authority is warning against its usage. In the past, OneCoin has exhibited many of the classic qualities of a Ponzi scheme. The FCA’s warnings are now being reiterated by additional organizations in Europe, including the Swedish Bitcoin Foundation and the Belgian Financial Services and Market Authority.

An analysis behind multi-level marketing and OneCoin released a statement in September 2014 explaining:

“[OneCoin] is a simple recruitment-driven pyramid scheme, backed with a residual binary compensation structure. Masquerading as a cryptocurrency, OneCoin’s OneTokens are nothing more than Ponzi points. The more people join the OneCoin concept, the higher the popularity and value of the currency.”

Know of any stories that belong in our regular industry reports? Post your comments below!

---

Images courtesy of Bitcoinist, OneCoin.

The post Industry Report: Authorities Warn Against OneCoin, Likely Scam appeared first on Bitcoinist.net.

Bitcoinist.net

Bitcoins – Past, Present, Future

Have you ever thought about the current crypto currency trend? Think no more, with all you need to know about Bitcoins!

Price: $ 20.00
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Industry Report: Authorities Warn Against OneCoin, Likely Scam

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Industry Report: Authorities Warn Against OneCoin, Likely Scam

Dash partners with Coinfirm, the U.S. forms a caucus to create digital currency policies, and users are warned against OneCoin. Want to catch up on your latest digital currency and tech news? Read the stories below.

Also read: Industry Report: Yahoo Gets Hacked, 500 Million Accounts At Risk

DASH

Digital currency Dash is partnering with blockchain compliance platform Coinfirm. The company is set to provide Dash with an easy route into the “hearts” of businesses and corporations looking to allow digital currencies as potential methods of payments for the purchases of goods and services. The best news is that the partnership is not slated to interfere with Dash users’ present levels of privacy.

Dash’s director of finance Ryan Taylor explains:

“Coinfirm offers its customers truly world-class tools to meet regulatory requirements in an easy and effective manner. Dash benefits greatly from Coinfirm’s integration by accelerating the onboarding process for regulated businesses. By integrating Dash, Coinfirm also joins a growing list of businesses that recognize Dash’s up-and-coming status, and we’re excited about the opportunities this integration opens for our ecosystem and our users.”

U.S. CAUCUS

Congressmen Mick Mulvaney of South Carolina and Jared Polis of Colorado are creating the Congressional Blockchain Caucus, designed to teach both businesses and policy-makers alike about the benefits and technology behind bitcoin and digital currencies. The two legislators have teamed with the non-profit Coin Center in an attempt to persuade additional members of Congress to join them at the helm.

A longtime advocate of bitcoin, Polis said in a statement:

“The blockchain has boundless potential. From cryptocurrencies to supply chains to banking to property titling, blockchain-based solutions have the ability to decentralize cyber-security and revolutionize many industries.”

ONECOIN

London police are investigating a cryptocurrency called OneCoin, and the Financial Conduct Authority is warning against its usage. In the past, OneCoin has exhibited many of the classic qualities of a Ponzi scheme. The FCA’s warnings are now being reiterated by additional organizations in Europe, including the Swedish Bitcoin Foundation and the Belgian Financial Services and Market Authority.

An analysis behind multi-level marketing and OneCoin released a statement in September 2014 explaining:

“[OneCoin] is a simple recruitment-driven pyramid scheme, backed with a residual binary compensation structure. Masquerading as a cryptocurrency, OneCoin’s OneTokens are nothing more than Ponzi points. The more people join the OneCoin concept, the higher the popularity and value of the currency.”

Know of any stories that belong in our regular industry reports? Post your comments below!

---

Images courtesy of Bitcoinist, OneCoin.

The post Industry Report: Authorities Warn Against OneCoin, Likely Scam appeared first on Bitcoinist.net.

Bitcoinist.net

Bitcoins – Past, Present, Future

Have you ever thought about the current crypto currency trend? Think no more, with all you need to know about Bitcoins!

Price: $ 20.00
Sold by Udemy

Industry Report: Authorities Warn Against OneCoin, Likely Scam

Blockchain Network Synereo Partners Silicon Valley’s NFX Guild to Accelerate dApp Dev Teams

The NFX Guild, a mentorship-driven startup accelerator, has partnered with Synereo, a blockchain-based, decentralized social network, to develop an ecosystem of decentralized applications (dApps) on top of Synereo’s Blockchain 2.0 platform. The organizations share the vision of a freer and fairer Internet. Synereo’s technology for the next class of the NFX Guild accelerator program. The […]

The post Blockchain Network Synereo Partners Silicon Valley’s NFX Guild to Accelerate dApp Dev Teams appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

“IndyWatch Feed Crypto”

Blockchain Network Synereo Partners Silicon Valley’s NFX Guild to Accelerate dApp Dev Teams

Chinese Open-Source Blockchain Startup Antshares raises $4.5 Million

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The Peace Plus One – World Sustainability Project www.WorldSustainability.Org is interested in the opportunities afforded to young people in the new economy of Caring Currency. The currency of the 99%.

The concept of Caring Currency www.CaringCurrency.com is to move from the selfish GREED IS GOOD model of the 1% to a more equitable, distributed wealth model based on the GOOD we individually do for Society, the Environment and the Economy.

Bitcoin is one of the early contenders for alternative currency, and an excellent experiment in "alternative worlds" like the www.RepublicOfConscience.com , where we ask visitors and new citizens to essentially stay where we are physically, and simply change our perspective to see the beauty and opportunity in the world.

The Be, Buy Boost Bitcoin program is a complimentary program in the physical world… to develop the acceptance, adoption, infrastructure and economic ecosystem.. An Alternative Currencies development program to increase the adoption of Bitcoin and other cryptocurrencies in everyday transactions.

The PPO-WSP believes this is a critical effort that must be ramped up immediately to avoid alternative currencies just becoming a speculative bubble like tulilps.

Please join us every Wednesday for "3 Finger Wednesday" www.WeChat3.com

 Shanghai-based blockchain startup Antshares has raised over $ 4.5 million a crowdsale, enabling it to complete the first ever open-source blockchain project in China. Antshares Blockchain, an open-source blockchain project has raised over $ 4.5 million in a crowd sale. The funds will see the startup complete the development of its blockchain platform under what it deems as […]

The post Chinese Open-Source Blockchain Startup Antshares raises $ 4.5 Million appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Bitcoin News www.bitcoins.am

Chinese Open-Source Blockchain Startup Antshares raises $4.5 Million

Bitcoin Price Watch; Here’s What’s On This Morning

That’s another week gone in the bitcoin markets, and to be honest, it’s been a pretty dull turnout. We’ve had the odd scalp breakout, and in turn, the odd profit, and we are heading into the close net up on the markets (which can only be a good thing), but it hasn’t been anything to … Continue reading Bitcoin Price Watch; Here’s What’s On This Morning

The post Bitcoin Price Watch; Here’s What’s On This Morning appeared first on NEWSBTC.

NEWSBTC

Bitcoin Price Watch; Here’s What’s On This Morning

DNB, Norway’s Largest Bank Shuns Bitcoin, Boots Bitcoin Association

Bitcoin – Web Wednesday V83 – 046

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Bitcoin at Web Wednesday HK – 19th March 2014

83rd social mixer event – networking for the Hong Kong’s internet entrepreneurs and digital media executives.

An interview with two crypto-currency entrepreneurs:

Dave Shin, Founder of Cryptomex, an ambitious alternative for raising company funds via IPOs (initial public offerings) traded in Bitcoins.

Ken Lo, CEO of Anxbtc Bitcoin Exchange, a new marketplace for trading Bitcoins, recently launched in Hong Kong.

More on our blog: bit.ly/wwbv83blog

Photos by bronney.com/

cryptocoinsnews.com / Elliot Maras / 28/09/2016

DNB, Norway’s largest bank, has dismissed Norges Bitcoinforening, a recently-formed, non-profit bitcoin association, over concerns about terrorist financing and money laundering, according to e24.no, a Norwegian news site. Norges Bitcoinforening has since decided to take its business elsewhere.

The association opened a bank account in August to receive dues […]

The post DNB, Norway’s Largest Bank Shuns Bitcoin, Boots Bitcoin Association appeared first on The Bitcoin Channel.

Bitcoin News www.bitcoins.am

DNB, Norway’s Largest Bank Shuns Bitcoin, Boots Bitcoin Association

Re: If Bitcoin had a stable price, would it still be as popular?

I suppose that Bitcoin is popular because of two things: anonymity (+independence of government) and price unstability. Why does price unstability make Bitcoin popular? Because people believe they can win on these changes. Bitcoin will still be popular…
Bitcoin Forum

Re: If Bitcoin had a stable price, would it still be as popular?

Ethereum To Surpass Bitcoin? Gavin Andresen Tweet Foretells Growing Sentiment

Odile Szabo, PriceMinister

Image by Pierre Metivier

Colloque "Moyens de paiement", Bercy

1er décembre 2014
www.rencontres-competitivite-numerique.com/moyens-de-paie…

Gavin Andresen raised eyebrows recently when he tweeted that Ethereum has more nodes now than bitcoin and that it will grow its lead as its block size exceeds bitcoin’s.  Ethereum has more nodes today than Bitcoin. Prediction: it’s lead will grow even as its blockchain size exceeds bitcoin’s. — Gavin Andresen (@gavinandresen) September 25, 2016 […]

The post Ethereum To Surpass Bitcoin? Gavin Andresen Tweet Foretells Growing Sentiment appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

“IndyWatch Feed Crypto”

Ethereum To Surpass Bitcoin? Gavin Andresen Tweet Foretells Growing Sentiment

Now Live: Episode 7 of the Bitcoinist Podcast

Have a listen to Episode 7 of the Bitcoinist podcast, featuring special guest Kevin McKernan, founder of the Cannabis Genome Project. The podcast is now available on iTunes as well as Stitcher,  and gPodder. If you like what you hear, please leave a comment or review on iTunes or in the comments:

Join us as we discuss alternate uses of the BTC blockchain as a pedigree, IP managment, and marijuana strain verification platform, and future (non database) applications in the field of medicine. We also riff on gene patenting, tech buzzwords, deadly fungal infections from vaping, and just how hard it is to do cannabis research in the states.

This episode also marks the first time the Bitcoinist Podcast has been available on iTunes, so if you’re a long time listener or just like our content, please rate us on apple’s platform. every bit of feedback helps, and we appreciate any feedback you can offer.

Next episode: we talk with Sinclair Skinner of Bitmari.com, about the state of finance and Bitcoin in Zimbabwe and the developing world, internet memes as hate symbols, encrypted chat platforms as data collection tools, the recent trend of trading photo-shopped digital playing cards among bitcoin pundits, heuristics for identifying crypto scams, neural network snobbery, and a wealth of other interesting trivia.

Subscribe for interesting interviews, the latest news, and unique perspectives from creators and authorities in the crypto ecosystem.  The Bitcoinist Podcast is recorded, edited and finished with an open source workflow. Our editorial content and opinions are those of the hosts and not Bitcoinist.net. Feedback, questions, and comments, and business inquiries can be sent to bitcoinistpodcast@gmail.com. As always we thrive on interaction with our listeners, so don’t hesitate to reach out.

---

 

Links

Cannabis Genome Project

Medicinal Genomics Related Links

/>

CannMed2016

Project CBD

 

The post Now Live: Episode 7 of the Bitcoinist Podcast appeared first on Bitcoinist.net.

Bitcoinist.net

Now Live: Episode 7 of the Bitcoinist Podcast

Ethereum To Surpass Bitcoin? Gavin Andresen Tweet Foretells Growing Sentiment

Odile Szabo, PriceMinister

Image by Pierre Metivier

Colloque "Moyens de paiement", Bercy

1er décembre 2014
www.rencontres-competitivite-numerique.com/moyens-de-paie…

Gavin Andresen raised eyebrows recently when he tweeted that Ethereum has more nodes now than bitcoin and that it will grow its lead as its block size exceeds bitcoin’s.  Ethereum has more nodes today than Bitcoin. Prediction: it’s lead will grow even as its blockchain size exceeds bitcoin’s. — Gavin Andresen (@gavinandresen) September 25, 2016 […]

The post Ethereum To Surpass Bitcoin? Gavin Andresen Tweet Foretells Growing Sentiment appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

“IndyWatch Feed Crypto”

Ethereum To Surpass Bitcoin? Gavin Andresen Tweet Foretells Growing Sentiment

Re: Does bitcoin help your life in daily needs?

Very much so. I have no access to credit cards so buying stuff online has to be done either with bitcoin or gift cards, which I buy using bitcoin. Also, using prepaid virtual cards. it's all possible only because of bitcoin for me.
Bitcoin Forum

Re: Does bitcoin help your life in daily needs?

Ethereum-Based Investment Fund ICONOMI Raises Over $8.9 Million In ICO

St. Petersburg Bitcoin Bowl

Image by CityofStPete

The 2014 St. Petersburg Bitcoin Bowl game located at Tropicana Field between the University of Central Florida and North Carolina State University.

Called a fund management platform for the decentralized economy, ICONOMI, an Ethereum-based investment fund for cryptocurrencies and blockchains, has raised over $ 8.9 million in operational capital and equity through an Initial Coin Offering (ICO).  ICONOMI raised $ 3 million in the last three days alone of its ICO, which closes at 4 p.m. EST today. Developed by […]

The post Ethereum-Based Investment Fund ICONOMI Raises Over $ 8.9 Million In ICO appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

“IndyWatch Feed Crypto”

Ethereum-Based Investment Fund ICONOMI Raises Over $8.9 Million In ICO

Re: Why do people use so many Bitcoin wallets?

Business corners you into having more wallets than you need.  New coins end up on only one or two exchanges and that means having a freaking wallet there.  The TX fees for moving funds in and out of those solitary exchanges is not worth it, so, for the…
Bitcoin Forum

Re: Why do people use so many Bitcoin wallets?

Lightning Test Moves Bitcoin Scaling Into Striking Distance

A lesser-known startup has successfully tested an important piece of bitcoin’s scaling puzzle.

Source

CoinDesk

Lightning Test Moves Bitcoin Scaling Into Striking Distance

Decentralized Sports Platform FirstBlood Raises 465,312.00 ETH, Set To Improve eSports

FirstBlood, an Ethereum-based, decentralized sports platform based on smart contracts, has raised 465,312.999 ETH in a crowdsale. The FirstBlood app allows eSports fans to compete in games through an automated, decentralized platform. The proceeds from the crowdsale, which lasts through October 24, 2016, will cover the development, release and operation of the decentralized sports platform. […]

The post Decentralized Sports Platform FirstBlood Raises 465,312.00 ETH, Set To Improve eSports appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Bitcoin News www.bitcoins.am

Decentralized Sports Platform FirstBlood Raises 465,312.00 ETH, Set To Improve eSports

Re: Can Bitcoin be used for Good?

Quote from: Carlton Banks on April 08, 2016, 05:39:55 PM

Quote from: AtheistAKASaneBrain on April 08, 2016, 05:29:30 PM

[quote author=Carlton Banks link=topic=1430460.msg14469756#msg14469756…

Bitcoin Forum

Re: Can Bitcoin be used for Good?

Indian Bitcoin Exchange Unocoin Raises $1.5 Million

bitcoin_nocashday-120

Image by CashlessWay – Global Hub for ePayment Culture

Indian bitcoin exchange startup Uncoin has raised $ 1.5m in a new funding round.

Source

Bitcoin News www.bitcoins.am

Indian Bitcoin Exchange Unocoin Raises $1.5 Million

Re: Bitcoin worth to you or not...

Quote from: mistanama on Today at 06:22:03 PM

Quote from: Zaun on September 27, 2016, 09:06:28 PM

Quote from: livinglegend on September 23, 2016, 06:48:37 PM

Ye…

Bitcoin Forum

Re: Bitcoin worth to you or not...

Re: Could Ethereum takeover Bitcoin?

Quote from: mummybtc on September 27, 2016, 08:43:32 PM

The integration of SW into Bitcoin when successful will finally change the game for Bitcoin and even widen the gap between Bitcoin and Altcoins, If you want to write sma…

Bitcoin Forum

Re: Could Ethereum takeover Bitcoin?

Regulators Block Sale of Bitcoin Miner Avalon

A planned acquisition deal between Chinese manufacturer Shandong Luyitong and bitcoin mining hardware company Canaan is no more.

Source

CoinDesk

Regulators Block Sale of Bitcoin Miner Avalon

Re: Would you like to receive your salary in BTC?

Maybe just 40% of my salary as bitcoin would be great. We all need cash that's why I'd still prefer cash than bitcoin because you know in case that some urgent matter comes up we have cash in our pocket to use. But I'm not saying that I hate using bitc…
Bitcoin Forum

Re: Would you like to receive your salary in BTC?

Ethereum To Surpass Bitcoin? Gavin Andresen Tweet Foretells Growing Sentiment

27-14_53_58-01-7D1_0152

Image by O’Reilly Conferences

Gavin Andresen raised eyebrows recently when he tweeted that Ethereum has more nodes now than bitcoin and that it will grow its lead as its block size exceeds bitcoin’s.  Ethereum has more nodes today than Bitcoin. Prediction: it's lead will grow even as its blockchain size exceeds bitcoin's. — Gavin Andresen (@gavinandresen) September 25, 2016 […]

The post Ethereum To Surpass Bitcoin? Gavin Andresen Tweet Foretells Growing Sentiment appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Bitcoin News www.bitcoins.am

Ethereum To Surpass Bitcoin? Gavin Andresen Tweet Foretells Growing Sentiment

Standard Chartered Completes Cross-Border Blockchain Payment in 10 Seconds

Momi Toby’s Revolution Cafe where Ross Ulbricht may have worked from

Image by Steve Rhodes

The FBI statement said he worked from an Internet cafe on Laguna less than 500 feet from his home on Hickory

17 of these photos are available at

www.demotix.com/news/2857114/dread-pirate-robert-arrested…

And 6 at Corbis including

www.corbisimages.com/stock-photo/rights-managed/42-519452…

He was arrested October 1, 2013

www.theverge.com/2013/10/2/4794780/fbi-seizes-underground…

(has links to the criminal complaints which I used to find most of the places to photograph and a video interview of Ross Ulbricht )

www.theverge.com/2013/10/3/4798336/silk-road-owner-charge…

www.latimes.com/business/la-fi-silk-road-bitcoin-20131003…

Apparently one of his roommates on 15th st

www.theverge.com/2013/10/3/4798666/purported-roommate-of-…

www.npr.org/blogs/alltechconsidered/2013/10/03/228579712/…

www.eff.org/deeplinks/2013/10/silk-road-case-dont-blame-t…

www.washingtonpost.com/blogs/the-switch/wp/2013/10/02/how…

www.washingtonpost.com/blogs/the-switch/wp/2013/10/03/eve…

#RossUlbricht #DreadPirateRobert #MomiTobis #sanfrancisco #cybercrime #DarkWeb #darkinternet #SilkRoadwebsite #Cafe #Hayesvalley

Tapping blockchain technology, London-based multinational banking and financial institution Standard Chartered has announced the completion of its first cross-border real-time payment. Standard Chartered is the latest bank to successfully implement a blockchain solution for the payments. As with many banks pulling off the feat for business transactions, Standard Chartered used Fintech startup Ripple’s enterprise blockchain […]

The post Standard Chartered Completes Cross-Border Blockchain Payment in 10 Seconds appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Bitcoin News www.bitcoins.am

Standard Chartered Completes Cross-Border Blockchain Payment in 10 Seconds

Banks Fall Over Themselves in Race to Integrate Blockchain Technology

Blockchain adoption by traditional financial institutions will not happen anytime soon. At least, that is the message their official spokespeople are converting to the world. But according to IBM, there has been a rush to embrace distributed ledgers and integrate them into core systems. Things are looking positive for Bitcoin technology, even though banks will … Continue reading Banks Fall Over Themselves in Race to Integrate Blockchain Technology

The post Banks Fall Over Themselves in Race to Integrate Blockchain Technology appeared first on NEWSBTC.

NEWSBTC

Banks Fall Over Themselves in Race to Integrate Blockchain Technology

The Crypto Show with Brian Sovryn Decentralization and Altcoin vs Bitcoin

Tonight we talk with Brian Sovryn about multiple topics including the history of decentralization and Bitcoin vs Altcoins. A great talk very happy to have Brian on.This is an unedited version with all of the conversation between commercials left in.FB live video:https://www.facebook.com/thecryptoshow/videos/1841389949417710/

Original air date 9/28/16 on LogosRadioNetwork

Sponsored by: Anarchapulco.com & CryptoCompare.com

Links:

http://Anarchapulco.com coupon code: Crypto

http://CryptoCompare.com

http://Zog.Ninja

http://TheCryptoShow.com

http://FreeRoss.org

http://Facebook.com/thecryptoshow

@TheCryptoShow

@The_Crypto_Show

Tips:

BTC 139R6K7fxTYaFf2aXTid84Le1ayqMVvSCq

Dash XqDeHnokQocBpvffsa2dWz8mX7oTKpoKzc

LTC LUTJtk4QqXLiDkK8pDKK3jM73VVwbp7oSr

Doge DQBJ7PSpFzUTwpBrny46Kug4BW8AGtq1YQ

LTBC 1CevFxMT6srBtTkWx2qrNaJmjtgxbo7pBA

ETH 0x10cfd6916832566e82b3ab38cc6741dfd7e6164f

The Let’s Talk Bitcoin Network

The Crypto Show with Brian Sovryn Decentralization and Altcoin vs Bitcoin

The Crypto Show with Brian Sovryn Decentralization and Altcoin vs Bitcoin

Tonight we talk with Brian Sovryn about multiple topics including the history of decentralization and Bitcoin vs Altcoins. A great talk very happy to have Brian on.This is an unedited version with all of the conversation between commercials left in.FB live video:https://www.facebook.com/thecryptoshow/videos/1841389949417710/

Original air date 9/28/16 on LogosRadioNetwork

Sponsored by: Anarchapulco.com & CryptoCompare.com

Links:

http://Anarchapulco.com coupon code: Crypto

http://CryptoCompare.com

http://Zog.Ninja

http://TheCryptoShow.com

http://FreeRoss.org

http://Facebook.com/thecryptoshow

@TheCryptoShow

@The_Crypto_Show

Tips:

BTC 139R6K7fxTYaFf2aXTid84Le1ayqMVvSCq

Dash XqDeHnokQocBpvffsa2dWz8mX7oTKpoKzc

LTC LUTJtk4QqXLiDkK8pDKK3jM73VVwbp7oSr

Doge DQBJ7PSpFzUTwpBrny46Kug4BW8AGtq1YQ

LTBC 1CevFxMT6srBtTkWx2qrNaJmjtgxbo7pBA

ETH 0x10cfd6916832566e82b3ab38cc6741dfd7e6164f

The Let’s Talk Bitcoin Network

The Crypto Show with Brian Sovryn Decentralization and Altcoin vs Bitcoin

New Survey Shows Trust In The Bitcoin Foundation Has Reached New Lows

_MG_4385

Image by Philip McMaster PeacePlusOne_\!/

Global Bitcoin Summit

www.WorldSustainability.Org
www.SustainabilitySymbol.com
www.

themerkle.com / JP Buntinx / September 27, 2016

Surveys revolving around Bitcoin and cryptocurrency can often provide some interesting insights. A questionnaire sent out by the Bitcoin Foundation earlier this year contains some interesting results, which are well beyond the traditional information one sees in these surveys. As it turns out, the difference between technical […]

The post New Survey Shows Trust In The Bitcoin Foundation Has Reached New Lows appeared first on The Bitcoin Channel.

Bitcoin News www.bitcoins.am

New Survey Shows Trust In The Bitcoin Foundation Has Reached New Lows

Re: where the bitcoin address with the letter 3 in front?

I got my bitcoin wallet address starting with 3 when I was depositing my bitcoins in my unocoin account. I haven’t seen such bitcoin address in my blockchain wallets (where you can change the address after each transaction). I am not sure you will get …
Bitcoin Forum

Re: where the bitcoin address with the letter 3 in front?

New Survey Shows Trust In The Bitcoin Foundation Has Reached New Lows

bitcoin_nocashday-26

Image by CashlessWay – Global Hub for ePayment Culture

themerkle.com / JP Buntinx / September 27, 2016

Surveys revolving around Bitcoin and cryptocurrency can often provide some interesting insights. A questionnaire sent out by the Bitcoin Foundation earlier this year contains some interesting results, which are well beyond the traditional information one sees in these surveys. As it turns out, the difference between technical […]

The post New Survey Shows Trust In The Bitcoin Foundation Has Reached New Lows appeared first on The Bitcoin Channel.

Bitcoin News www.bitcoins.am

New Survey Shows Trust In The Bitcoin Foundation Has Reached New Lows

Introducing BCoin, Purse’s Bitcoin Javascript Library

coinjournal.net / Ian Demartino / September 27, 2016

I’m no programmer, but even I know BitcoinQt (Core) is difficult to work with. Every programmer says so. Core is tried and tested but cumbersome and its development is byzantine. Enter BCoin, the Javascript bitcoin library that includes all the latest enhancement. Made by Purse specifically for […]

The post Introducing BCoin, Purse’s Bitcoin Javascript Library appeared first on The Bitcoin Channel.

Bitcoin News www.bitcoins.am

Introducing BCoin, Purse’s Bitcoin Javascript Library

Re: I will not Die Untill Bitcoin will reach at Least 50K

Quote from: newcoins1978 on September 22, 2016, 08:48:08 AM

Quote from: gamybtc on December 25, 2013, 10:02:37 PM

I am sure they can never be $ 50k per 1 bitcoin. It is unbelievable.

I hope tha…

Bitcoin Forum

Re: I will not Die Untill Bitcoin will reach at Least 50K

Bitcoin Price Technical Analysis for 09/28/2016 – Bulls Waiting at Channel Support

newsbtc.com / Sarah Jenn / 4:43 am September 28, 2016

Bitcoin price is starting an uptrend on its 1-hour time frame and bulls could keep this rally going after a test of support.

Bitcoin Price Key Highlights

Bitcoin price is slowly starting to trend higher on the short-term time frames once more, creating an […]

The post Bitcoin Price Technical Analysis for 09/28/2016 – Bulls Waiting at Channel Support appeared first on The Bitcoin Channel.

Bitcoin News www.bitcoins.am

Bitcoin Price Technical Analysis for 09/28/2016 – Bulls Waiting at Channel Support

Bitcoin Price Technical Analysis for 09/28/2016 – Bulls Waiting at Channel Support

BitRocket at Black Star Pastry

Image by Halans

newsbtc.com / Sarah Jenn / 4:43 am September 28, 2016

Bitcoin price is starting an uptrend on its 1-hour time frame and bulls could keep this rally going after a test of support.

Bitcoin Price Key Highlights

Bitcoin price is slowly starting to trend higher on the short-term time frames once more, creating an […]

The post Bitcoin Price Technical Analysis for 09/28/2016 – Bulls Waiting at Channel Support appeared first on The Bitcoin Channel.

Bitcoin News www.bitcoins.am

Bitcoin Price Technical Analysis for 09/28/2016 – Bulls Waiting at Channel Support

Bitcoin-Like Features To Show Up in TNG’s Global Wallet Solution

The perogy food truck accepts #bitcoin #carfreeday

Image by John Biehler

thedashtimes.com / JP Buntinx / September 28, 2016

Slowly but surely, global wallet services are becoming the new norm. In the traditional financial sector, that is much easier said than done, though. It is rather interesting to see how many companies are trying to offer Bitcoin-like traits through their global wallet service. Hong Kong-based TNG […]

The post Bitcoin-Like Features To Show Up in TNG’s Global Wallet Solution appeared first on The Bitcoin Channel.

Bitcoin News www.bitcoins.am

Bitcoin-Like Features To Show Up in TNG’s Global Wallet Solution

Bitcoin-Like Features To Show Up in TNG’s Global Wallet Solution

thedashtimes.com / JP Buntinx / September 28, 2016

Slowly but surely, global wallet services are becoming the new norm. In the traditional financial sector, that is much easier said than done, though. It is rather interesting to see how many companies are trying to offer Bitcoin-like traits through their global wallet service. Hong Kong-based TNG […]

The post Bitcoin-Like Features To Show Up in TNG’s Global Wallet Solution appeared first on The Bitcoin Channel.

Bitcoin News www.bitcoins.am

Bitcoin-Like Features To Show Up in TNG’s Global Wallet Solution

DNB, Norway's Largest Bank Shuns Bitcoin, Boots Bitcoin Association - CryptoCoinsNews

CryptoCoinsNews

DNB, Norway's Largest Bank Shuns Bitcoin, Boots Bitcoin Association CryptoCoinsNews DNB, Norway's largest bank, has dismissed Norges Bitcoinforening, a recently-formed, non-profit bitcoin association, over concerns about terrorist financing and money laundering, according to e24.no, a Norwegian news site. Norges Bitcoinforening has …

Bitcoin News www.bitcoins.am

DNB, Norway's Largest Bank Shuns Bitcoin, Boots Bitcoin Association - CryptoCoinsNews

Bitcoin Returns to Its Cypherpunk Roots: An Interview With Lupták and Sip of Hackers Congress Paralelní Polis

Bitcoin – Web Wednesday V83 – 019

Image by YB Hong Kong

Bitcoin at Web Wednesday HK – 19th March 2014

83rd social mixer event – networking for the Hong Kong’s internet entrepreneurs and digital media executives.

An interview with two crypto-currency entrepreneurs:

Dave Shin, Founder of Cryptomex, an ambitious alternative for raising company funds via IPOs (initial public offerings) traded in Bitcoins.

Ken Lo, CEO of Anxbtc Bitcoin Exchange, a new marketplace for trading Bitcoins, recently launched in Hong Kong.

More on our blog: bit.ly/wwbv83blog

Photos by bronney.com/

First announced on the cryptography mailing list in 2008, Bitcoin was the embodiment of a decade-old cypherpunk vision. A digital currency not controlled by any government, bank, or company existed in the hearts and minds of hackers and cryptographers long before most even considered the concept viable.

Since its launch in 2009, Bitcoin ignited a new industry, with interest reaching far beyond the small group of ideologues. Its blockchain technology today even serves as an inspiration for the very governments, banks, and companies the pioneering cryptocurrency was designed to subvert.

The third annual edition of the Hackers Congress Paralelní Polis (HCPP16), set to start this Friday, September 30, in Prague, will remember Bitcoin’s roots. The three-day gathering in the markedly black Paralelní Polis building will bring together cypherpunks and crypto-anarchists from around the Czech Republic, Europe and the rest of the world.

To learn more about the event, Bitcoin Magazine spoke with Martin Sip, project coordinator for Paralelní Polis and HCPP16 organizer, and Pavol Lupták, Paralelní Polis co-founder.

HCPP16 is very much a product of its hosting location, Paralelní Polis. What kind of place is this?

Martin: Paralelni Polis is a state-free NGO started by local guerrilla artist group Ztohoven and the Slovak hacker-space ProgressBar. It’s a space for the promotion of ideas and technologies that give people more freedom online — mainly the tools of cryptography and cryptocurrencies.

Pavol: Paralelní Polis is named after the original ideas of Czech Cold War era political thinker and dissident, Václav Benda, about parallel, underground societies. We are mostly voluntaryists or anarchists who believe that Benda’s vision can be achieved on the internet with crypto-anarchist technologies.

What exactly is crypto-anarchy?

Martin: Simply put, crypto-anarchy is the idea that people can govern and organize themselves without governments, by using the tools of cryptography, cryptocurrencies and other means of decentralization.

Pavol: With these tools, we can build a more effective, a more free and a more voluntary society. We can, for example, have access to fully decentralized anonymous cryptomarkets with stronger reputation and escrow services, where everything is 30 to 50 percent cheaper than in the markets regulated and taxed by governments.

And we don’t even need the acceptance of a majority of people or politicians. Human nature — the fact that people primarily prefer to suit their individual needs — can ensure that no one will be willing to pay government tax in the virtual internet world. Crypto-anarchists can demonstrate how the current political systems based on coercion — taxes — could collapse.

And you believe that would be a good thing?

Pavol: Our current society is just too complex and global to be hierarchical with authoritative governments. Too complex to follow and enforce monolithic laws and regulations for so many heterogeneous people.

If we want to keep our complex society free, we believe this can be achieved only in a fully decentralized, peer-to-peer and mutually voluntary way. All other solutions will probably end up in some kind of totalitarian world.

Crypto-anarchists also spoke of assassination markets and other quite dark concepts…

Pavol: Yes, Jim Bell’s Assassination Politics is probably the best known of these. Though, despite the fact this is technically feasible, there is no evidence this concept has been ever been applied.

I think and believe that the benefits of crypto-anarchy will overcome their negative impact. Like the internet, which also offers a huge playground for pedophiles, Satanists, Nazis and terrorists… No one wants to ban the internet just because of this.

And if you don’t do evil, don’t intervene to the other people’s lives, other people shouldn’t be motivated to contribute to your death. Some dark crypto-anarchists even argue that, if there was crypto-anarchy 100 hundred years ago, we would never have people like Hitler, Stalin and other crazy dictators rise to power… We wouldn’t have had world wars… and maybe in some way they are right.

But what’s most important to realize — despite all negative consequences of crypto-anarchy — it cannot be stopped now. It’s here and people have to cope with that.

How will the Hackers Congress Paralelní Polis bring forth crypto-anarchist ideas?

Pavol: One of the speakers is Timothy C. May, the technical and political writer who probably coined the term “crypto-anarchy” inThe Crypto Anarchist Manifesto, as well as the phrase The Four Horsemen of the Infocalypse. As May’s crazy predictions and visions are now coming true, he will be reflecting on 30 years of crypto-anarchy.

Martin: Another very notable speaker is Paul Rosenberg, author of the crypto-anarchist bible:A Lodging of Wayfaring Men, and more recently the book,The Breaking Dawn. He is also founder ofCryptohippie which provides online privacy services, and he is author of the Freeman’s Perspective blog that invites readers “to see the world as it really is.” During the Hackers Congress, Paul will give a talk on “How To Evolve and Hack Your Soul.”

Pavol: And then there’s Smuggler, the author of the Second Realm Manifesto. And of course people like Sam Patterson, the father of OpenBazaar… Really, I personally consider all our speakers to be extraordinary in some way, with a strong respect for their work, and past or current activities.

Where does Bitcoin fit in all this?

Martin: Bitcoin enables the unregulated exchange of value on a global scale, which is something we didn’t have before and will have profound impact on a society. People will start doing things that they couldn’t do before, and organize themselves in novel communities and structures. I think there will a big restructuring of society. Governments, banks, and even other corporations as we know them will dissolve or change in a profound way.

Pavol: Bitcoin is not just about changing business and creating new commercial opportunities. We really do perceive Bitcoin as liberational tool that can change the whole society. And I think its inventor, Satoshi, perceived Bitcoin in a similar way.

While the Bitcoin-community was once perhaps dominated by this kind of revolutionary sentiment, you may be of a dying breed…

Pavol: I don’t think so at all. At least our HCPP conference is more and more popular every year, with still new crypto-anarchists joining and related projects starting.

Martin: I would agree that the crypto-anarchist sentiment is not as prevalent in the Bitcoin community these days as it used to be. But these strong ideas matter very much, even if they are lived by a only small part of the community. Because that is where the strongest innovators come from.

Is that what you’re seeing in Prague as well?

Martin: Bitcoin is doing great in the Czech Republic, and I am proud that most Czech Bitcoin companies are part of the community around Paralelní Polis. We have several Bitcoin companies with global impact like SatoshiLabs, the creator of the first hardware wallet — Trezor — and the first ever mining pool: Slush’s Pool. There’s also General Bytes, a major Bitcoin ATM producer that’s also responsible for the Bitcoin payment system at the congress. And Prague itself is very active in bitcoin acceptance on the ground — according to Coinmap.org there are over 80 physical shops accepting bitcoin. That’s a lot for a city with just over 1 million citizens.

Reason enough to head over to Prague this weekend…

Pavol: There are a lot of Bitcoin conferences around the world, focused on blockchain, business, new technologies and that sort of stuff. But none of these reflect the radical political and technological ideas of how crypto and anonymization tools could significantly change our world. That’s what we are trying to do. It’s an underground Bitcoin conference, and probably the only one true crypto-anarchist conference on the planet.

Martin: And the reason the Congress is relatively long, is that it is also an informal yearly gathering of the world community around Paralelní Polis. We want to give old members as well as new members the chance to interact, inspire, network or just spend more time with each other and be friends.

Pavol: If you sympathize or believe in crypto-anarchist ideas, there is no better conference to visit than HCPP 2016.

The post Bitcoin Returns to Its Cypherpunk Roots: An Interview With Lupták and Sip of Hackers Congress Paralelní Polis appeared first on Bitcoin Magazine.

Bitcoin News www.bitcoins.am

Bitcoin Returns to Its Cypherpunk Roots: An Interview With Lupták and Sip of Hackers Congress Paralelní Polis

New Bipartisan Blockchain Caucus Will Promote the Use of Bitcoin and Blockchain Technology

Bitcoin, bitcoin coin, physical bitcoin, bitcoin photo

Image by antanacoins

Bitcoin coins photo.

Physical bitcoin statistic coin Antana.

http://ift.tt/2d6OfZl

A year ago, Bitcoin Magazine highlighted the work of U.S. Congress Representative Jared Polis and noted his work meeting with politicians and businesses, promoting the many economy-building possibilities of Bitcoin and, by extension, blockchain technology.

A year later, Rep. Polis, a Democrat from Colorado, along with Rep. Mick Mulvaney, a Republican from South Carolina, announced the formation of the first congressional caucus to promote and educate members of Congress, and the general public, about the potential of digital currencies and other blockchain-based technologies.

To increase its influence and effectiveness, the new caucus is bipartisan, welcoming members from both political parties.

“Congressional caucuses are very important for like-minded members of Congress to work together toward common policy goals,” said Jerry Brito, Executive Director of the Coin Center advocacy group. “We are very excited by the formation of the Congressional Blockchain Caucus and look forward to continuing working with its members to chart a path forward with the same type of light touch regulation that the early internet benefited from just a few decades ago.”

Recently Brito was named to the Politico Top 50 influencers in Washington D.C., along with Coin Center board members Marc Andreessen and Fred Wilson.

Rep. Polis is also an acknowledged “thought leader” in the digital currency movement due to his long-term support. He was the first politician on the Hill to accept donations in bitcoin.

“The blockchain has boundless potential,” Rep. Jared Polis said in a news release.

“From cryptocurrencies to supply chains to banking to property titling, blockchain-based solutions have the ability to decentralize cybersecurity and revolutionize many industries. It’s vital for Americans, businesses, and members of Congress to learn about blockchain technology so the U.S. can continue to secure its stance as the global leader of ingenuity.”

“The Blockchain Caucus will focus on raising awareness, advancing ideas that foster growth, and safeguarding consumers. I’m excited to work alongside Rep. Mulvaney, and I look forward to all that we’ll accomplish.”

Republican Representative Mick Mulvaney from South Carolina has been active in meeting with groups like Coin Center that promote the use of bitcoin.

“I’m excited to partner with Congressman Polis to found the Congressional Blockchain Caucus,” said Rep. Mulvaney. “Blockchain technology has the potential to revolutionize the financial services industry, the U.S. economy, and the delivery of government services and I am proud to be involved with this initiative on the ground floor.”

Coin Center Works on Capitol Hill

The Washington, D.C.-based advocacy and education nonprofit think tank, Coin Center, welcomed the new caucus.

“For the past two years we have worked with Representatives Mulvaney and Polis to educate their colleagues through briefings and other events,” said Brito, “and the new Congressional Blockchain Caucus will be a wonderful new platform to continue these efforts.”

“Their forward thinking leadership on blockchain technology in Congress is unmatched,” he added.

The Coin Center will work with the new caucus through the fall elections and will be well positioned to recruit new representatives as they are elected.

Brito is looking forward to the challenge. “With a new Congress coming starting in January, the caucus will be a great platform from which to educate new members about the techn…

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New Bipartisan Blockchain Caucus Will Promote the Use of Bitcoin and Blockchain Technology