• 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
  • Amid the turmoil of today’s news regarding Russia “banning bitcoin“… again. It seems a good time to sit back and ask ourselves just what kind of threats cryptocurrencies face both internally and externally. The obvious starter to this conversation is of course, government regulation. As entrenched oligarchies feel their stranglehold of the money supply loosening we can expect a whole range of tactics to be employed by various regulatory bodies across the globe. In fact,

    What can actually kill Bitcoin?

    | 2014/09/15 3:46 am
  • I examine the dollar tracking mechanisms of both NXT and BitsharesX. If a few months ago you would have told me I’d have two digital options, existing in an extremely low fee environment, capable of shoring up value because they were pegged to the US Dollar… I probably wouldn’t have believed you. If your currency of choice is going through a chaotic, volatile phase why not simply store that value (temporarily) in an asset that

    Big Showdown: CoinoUSD vs BitUSD

    | 2014/09/14 8:58 am
  • An interesting announcement comes for SyncCoin as they have been engaged in talks with FaceFire, Inc, a Minesota corporation established in 2001 that specializes in mobile/web/desktop design and development. In 2013, FaceFire had started mining Bitcoin and other cryptocurrencies which is their link to the cryptocurrency world. This may come as a shock to many as it was not expected for this type of news to be released considering it was already known that SyncCoin

    SyncCoin backed up to $320,000

    | 2014/09/14 7:03 am
  • After a long period of offering exclusively scrypt hashpower, Genesis Mining launched its new sha256 mining contracts in the beginning of September and became the World’s first large scale multi-algorithm cloud mining service. The launch was followed by a complete restructuring of the company’s pricing mechanism: instead of yearly contracts, Genesis Mining now sells hashpower for an entire lifetime. The company goes even further by challenging the whole market with prices that are well below

    Genesis Mining now offers lifetime contracts for both altcoin and Bitcoin cloud mining services

    | 2014/09/11 3:01 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
  • I take a look at the market implications, what kind of media response we can expect, and where this whole fiasco might lead. If you’ve even so much as glanced at a cryptocurrency related media outlet this news cycle then you’ve undoubtedly heard the news that an old email address reported to have once belonged to Satoshi Nakamoto has been compromised and that information about the Bitcoin protocols mysterious inventor may soon be forthcoming. Whether

    Exposing the man, the myth, the legend… now what?

    | 2014/09/10 12:39 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
  • When it comes to cryptocurrency, one of the ways it is used for is gambling. It allows for more privacy than if you used fiat, and little fees allow companies to accept lower amounts of cryptocurrency, lowering the barrier of entry. Here I’m with Wheel of Doge, a Dogecoin exclusive gambling site. 1. What is Wheel of Doge? Wheel of Doge is the funnest dogecoin game in the world 2. Why did you develop Wheel

    Wheel of Doge: Exclusive Interview

    | 2014/09/08 11:01 pm
  • In terms of sheer volume this week BitsharesX remains the one to watch. However tor based Anonymity player Stealthcoin (XST) has made some interesting strides up an impressive 593.79% from this time last week. While numbers that high usually indicate a quick crash as token holders get out to lock in profits and fund development, Stealthcoin will be one to keep an eye on once it has settled in at it’s new equilibrium. Bitmark (BTM)

    Market Watch – Sept 7th

    | 2014/09/08 12:04 pm
  • Last week I took a look at the new BitsharesX platform and tried to make sense of their BitAsset system. Since then I’ve gone through 5 versions of the application, hurdled a number of bugs, and generally spent a lot of time staring at my screen trying to get a grasp on exactly what was happening. Despite all this I still managed to make money. While the application and the whole BitsharesX paradigm are still

    Bitshares X: I attempt to Profit from the Grand Experiment (Part 2 of 2)

    | 2014/09/06 10:43 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
  • Currently, the process of getting out of one cyrptocurrency and into another usually involves first selling that cryptocurrency for Bitcoin before you can make a bid for whichever currency you were hoping to buy in the first place. This not only adds fees by adding steps to the process, it also forces nearly all cryptocurrencies to be “pegged” to BTC. Meaning if BTC suffers, the entire market tends to suffer as well. Given the hostility

    What exactly is CoinoMat?

    | 2014/09/06 2:28 am
  • 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
  • NXT Lost, Hacker stole 8.3 million NXT! A story of how hackers stole quite a lot of NXT from the popular exchange BTER. The total amount is 8.3 million NXT, with CFA Consulting leading the manhunt. Read the full article here. Shadowcoin Developer Interview! Shadowcoin is one of more well known private centric coins. Read my article to find out why they are worth your time. World’s first Virtual Bitcoin Expo! Bitcoinist did an write

    News Summary: August 24-30

    | 2014/08/28 11:59 pm
  • 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
  • After my last article highlighting some of the anonymity players in the market was published I was asked (more than once) why in the world I neglected to mention blockchain 2.0 focused, strong anonymity player, XCurrency. My reasons for this are two fold in that 1) there is no way I could cover all the players in the anonymity market in a single article and 2) XCurrency seems to be much, much more than a simple “one

    XCurrency: a serious contender for the 2.0 crown

    | 2014/08/26 10:16 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