• The world of Bitcoin and digital currencies has often been described by many critics as the “new Wild West”. In fact, this year we have seen a growing number of new scam coins being introduced, many of them designed by the same scammers. The crypto currency community is tired of all this fraud schemes and is starting to demand a lot more proof from coin Devs and the number of launches and scams has been slowing down ever since.

    Another Scamcoin detected. How to identify signs of fraud

    | 2014/10/09 7:54 am
  • Last week I covered social media platform focused GEMS this week I’ll take a look at their closest competitors, Nxtty Cryptomessenger. While NXtty seems focused more on the encrypted messaging aspect of this type of platform both groups seem to be barreling down the same general development path. One difference of note is that while GEMS has the clear advantage in terms of it’s media rich website and overall presentation, Nxtty has a more practical

    Nxtty Cryptomessenger: Encrypted Messaging Matters

    | 2014/10/08 6:23 pm
  • …because it’s your data and you should be paid for it. If decentralization is the rallying cry of the blockchain movement, it’s only natural we start with the applications that we use most often. Currency is all well and good but there’s still the ugly matter of our social networks. Everyday our data is sold by the social media platforms we populate and generate content for. Everyday our privacy is given away and in return

    GEMS – the First Social Currency Network

    | 2014/09/28 1:38 am
  • CrackCoin is a new crypto currency project that has had plenty of attention from the community. The recent escapades of a Toronto’s Mayor involved in a scandal with Crack were the inspiration for the Team to choose the crypto currency name;

    Interview with the CrackCoin Team

    | 2014/09/25 10:25 pm
  • Breaking this weeks slump and a grand total of 11 world records along the way, Primecoin (XPM) spiked a respectable 47.18% today settling in comfortably at #21 in total market cap. A proof of work system that cleverly points all of it’s mining power towards aiding mathematical research. They’ve shown that a cryptocurrency’s choice of protocol can be about more than just security but can instead be put to practical use. With Bitcoin’s Hashrate currently

    Primecoin : World Records and Rising Value

    | 2014/09/25 12:24 pm
  • Leaders keep their eyes on the horizon, not just on the bottom line. – Warren Bennis It cannot be overstated that Open Source is an amazing methodology. How else would it be possible to create such overwhelming innovation with such wide spread decentralization and ever increasing transparency? Even more amazing is that it now offers us choice on a level we quite simply haven’t seen before. While some might argue that too much choice is

    Seeking out the NeXT Horizon

    | 2014/09/25 12:17 am
  • As our search narrows, leaders emerge… When we last left off, we had established that in our search for the perfect ICO platform we’ve encountered our fair share of dead ends and dubious options. While we are confident we can launch this project off of our back porch if need be it stands to reason we’d want to give our baby every possible advantage we can find. So while we are okay with most of

    The ICO platform search: Coinprism

    | 2014/09/21 12:40 pm
  • When I first contacted presstab, the developer behind hyperstake, I was first looking at some POS journals regarding people who were making quite dividends investing into high POS rate coins like TEK, HBN, as well as Hyperstake. Immediately it caught my eye with its 750% POS rate. Curiosity got the best of me and I was glad presstab was able to make this happen. 1.       Why did you decide to make Hyperstake a reality? I was doing some freelance

    Hyperstake: A coin with 750% annual POS

    | 2014/09/20 3:02 pm
  • …because you gotta kiss a lot of frogs before you find a prince? In my think tanks ever expanding search for the ideal platform from which to launch our hopes and dreams, we’ve gone through a number of stages. We’re fortunate in that our project is attracting the right kind of attention but how best to harness that attention? How best to utilize incoming resources while creating ample rewards for everyone who gets involved in

    In search of the perfect ICO platform

    | 2014/09/20 2:58 pm
  • An interesting tweet led me to reviewing this information, and I must say I am quite impressed with the work being done by the developers of Whitecoin. This was shared a couple days ago with the whitecoin community at bitcointalk. What seems to be a deal struck between Whitecoin and Shair.com’s Identity Services Platform. The entire whitepaper can be found here, but we will see some of the main points in this article. The purpose,

    Whitecoin’s DandyID

    | 2014/09/18 8:38 am
  • This week is off to another tumultuous start. With regulatory news trickling in from across the globe, causing sheepish investors to head for the hills while most of the community seems more convinced than ever that there are practical, rational reasons for investing in the Cryptocurrency and Digital Asset markets; regardless of how poorly our aging regulatory bodies have misunderstood the technology. Still making significant progress, we have #60 on the market cap list, Bitmark.

    Today’s Top Dog – Sept 16th – Project Bitmark

    | 2014/09/17 5:25 am
  • If you’re not already following the markets, you may be at first confused of what I mean by “reawakening”. Essentially two of the biggest market movers this week were two coins that seemed to be slipping in market position, then made some serious numbers all of a sudden. These two coins of course are Dogecoin and Blackcoin. Dogecoins sudden increase of price most people chalk up to Dogecoin finally being able to merge mine with

    Market Analysis: Reawakening

    | 2014/09/16 1:10 am
  • When Edgar from Archcoin first reached out to me, I thought it was just another altcoin. When he told me more about the coin, I was fascinated. ARCH main goals can be summed up into two words: Designing Profit, which is taken from their motto. ARCHCoin also has a very attractive and professional look about it, which you can see from the pictures provided and their website. Their wallet is also quite unique, reminding me

    ARCHCoin: Designing Profit

    | 2014/09/15 11:31 pm
  • Today is an interesting day for two coins which hold household names among altcoins. Both of which have become well respected due to their developers and communities. Through this post, we would like to introduce you, officially, to the partnership between SyncCoin and Pinkcoin. The official document regarding this partnership can be found here which will give you some extra information on what the partnership consists of. However, the main aspect linked to this partnership is that

    Introducing the SyncCoin and Pinkcoin Partnership

    | 2014/09/10 11:12 pm
  • Coingateway is a nifty project created by three partners: Jay, Simon, and Nuno. The basic idea behind coingateway is to enable the purchase of merchandise from retailers that accept bitcoin through the use of an altcoin. Currently, there are a few altcoins available through which you can purchase products in bitcoin. These coins are Dogecoin, XCurrency, Litecoin, LibreXCoin, Syscoin, and Potcoin. Recently, we conducted an interview with Jay and Simon who are responsible for Sales,

    Interview with Jay and Simon from Coingateway

    | 2014/09/10 5:53 am
  • Today, we have a very special interview to share with our viewers, exclusive to Bitcoinist. An interview regarding UROSE and that hopefully answers some questions you’ve been having or issues regarding attendance to the event in Hong Kong. The event is being funded by the Nation Import/Export Representative members, but emerged as an idea by the URO foundation. For those unaware of what URO is, here is an interview hosted by bitcoinist regarding the coin

    Exclusive Interview with the URO Foundation: UROSE

    | 2014/09/06 5:39 am
  • MerchantCoin.net is trying to facilitate global adoption of bitcoin. MerchantCoin announced early this week, its incorporation in Crypto Valley Zug, Switzerland. MerchantCoin is a marketing centric digital currency (XMC) working to globally present and commercialize the use of bitcoin. MerchantCoin is the first self sustaining, marketing centric crypto-currency that incentivizes consumers, advocates and businesses to acquire and use Bitcoin. Despite its rise in stature since inception in 2008, Bitcoin has faced significant challenges in garnering

    MerchantCoin.net set to launch new digital currency (XMC)

    | 2014/09/04 7:12 pm
  • Coming off a rather slump week at the markets, with most of the top crypto-currencies simply holding or losing ground, I thought I’d take the time to cover one of the few that has actually managed to gain in value over the past 7 days. Up an impressive 58.29% this week, Viacoin ranks 22nd in overall market cap with 4,282 BTC (or 2,048,981 USD). While at first glance there are mostly superficial differences between Viacoin

    Viacoin climbs in a slump week

    | 2014/09/03 6:54 am
  • SyncCoin has definitely become an altcoin to watch in the past months due to the many things being done to bring real world use to the coin. Now, a problem has risen towards the lead developer of sync. Most people should be aware of the conflict in Gaza, and unfortunately, the lead developer, Iyad Elkfarna happens to be living there. Iyad has worked in other coin project, but as of right now, he is the

    Raising 15 BTC to help SyncCoin’s lead developer exit Gaza

    | 2014/09/03 4:35 am
  • A rising coin with a becoming more popular centric of privacy, is Shadowcoin. I was able to talk to the main developer over at Shadowcoin, and here’s is what he had to say. 1. What is Shadow’s end goal? To establish Shadow as the ultimate P2P privacy solution for anything web-related – the anti-Google if you will. Anonymity is our primary focus, so we want people to be able to talk, shop, browse and publish

    Shadow Coin Developer Interview

    | 2014/08/28 11:46 pm
  • For those unfamiliar with Darkcoin, you better start researching on it as it had begun a new era of anonymous coins in cryptocurrency which is arguably the reason for which we see many anonymous coins these days. Coin Specifications 22 Million total coins X11 Algorithm 2.5 Minute Block Generation Decentralized Masternode Network Anonymous sending with DarkSend+ Difficulty Retarget through Dark Gravity Wave Darkcoin was launched at the beginning of the year, and the constant updates

    Darkcoin: Improving on all Stages

    | 2014/08/27 5:19 am
  • Following the hack of the BTer exchange a deal was negotiated with the hacker for him to return all the stolen NXT to BTer against some Bitcoins. Sure enough, the hacker didn’t keep his work and kept 8.3 million NXT by himself. I was the lead negotiator of this deal, but I am now ready to lead the hunt for this hacker. I had lengthy talk with him, and got a chance to understand him

    The hunt for the missing Nxt has begun

    | 2014/08/23 8:47 pm
  • Officially jumping into the coveted 3rd slot and  declaring itself “King of 2.0”. BitSharesX (BTSX) with 106,424 BTC  (53,755,292 USD) has used the most recent alt-coin push to propel itself past some serious competition. Signalling to the market that there is plenty of room for fresh innovation at the top. A series of Distributed Autonomous Companies, BitsharesX is the logical economic culmination of open source. If open source development allowed a small upstart from Helsinki to take on IBM, what

    A New Star Rises

    | 2014/08/22 10:57 am