Despite digital currencies being often perceived as anonymous payment networks, much of them are in fact, probably the most transparent payment networks in the world. Many of the crypto currencies have a public blockchain that makes them totally transparent.
KnC Miner has announced their expansion of an additional 20 MW to their data center in what they call the Node Pole by the arctic circle. The Node Pole is their nickname for the mining operations so far north. The new data center will be called Boden 2 and bring their site to a total of 30 MW and 15000 square meters. They are to have the new mining data centers operational by the end
This week the Irish police in coordination with several other police organizations around the world, has begun a big operation codename Onymous, against the illegal market Silkroad and other organized movements acting inside the darknet sphere.
Comkort is an Estonian based exchange that opened their trading services back in February 2014, offering a series of distinct features with an incredibly fast, secure and easy-to-use real-time trading platform. Since the beginning, the quality and uniqueness of the Comkort exchange trading services has been widely appreciated and the number of the exchange users has been growing exponentially.
The Mastercoin Foundation has announced early this week that it will be supporting a great music and charity event: HOPE GOLD COIN and The Festival of Hope and the Master Protocol.
Last week some of us at Bitcoinist.net got together and did a brainstorm session. Among the many things we discussed was the topic of having a “status quaestionis” series of articles on the “pro” digital currency governments in the world. We will focus in on providing unbiased information, which is the modus operandi of every professional news site like Bitcoinist and others, and give a balanced opinion that will look at both sides of the
Bitcoinist.net has the inside scoop on the… First-Ever Virtual Expo for the Global Crypto Community Hundreds of developers, opinion leaders, bitcoiners and enthusiasts have confirmed their attendance in the Crypto Money Virtual Expo. “Virtual currencies deserve a virtual expo” said Eyal Abramovitch, co- founder of the Crypto Money Virtual Expo. What Does this Mean? Good question. This means you can avoid the expensive airfare to the next bitcoin conference and enjoy a full conference experience
Privacy has been one of the most desired features in digital currencies that bitcoin hasn’t been able to offer. Evan Duffield is a software developer that has been on a quest to create a crypto currency that he hopes will soon be the perfect internet cash: untraceable and instantaneous. Early this year he created Darkcoin – believed to be the first true anonymous, secure and untraceable crypto currency. Unlike Bitcoin and Bitcoin-based alt-coins which have transparent electronic transactions, Darkcoin can be equated with online cash due to its private/anonymous transactions that resemble the anonymity of private cash transactions.
Touting several services (which are listed below), and an angle that only helps Bitcoin and cryptocurrencies in general, Providence may be a one stop shop that you were looking for. The pictures below are some of the projects Providence is working on, and will only benefit Providence and the end user. 1. What is Providence Solutions? Providence is a next generation financial services provider. 2. What services do you offer? Providence offers multiple products. Currently we have
Monetas, the World’s most advanced Financial Platform Monetas is building the world’s first decentralized system for financial and legal transactions. It is a powerful, open, standard-based platform that will enable digital finance entrepreneurs to build amazing new products and services. It’s a new bridge between Bitcoin and virtual assets, based on bitcoin and colored coins technology. Monetas has strongly invested in the development within the Bitcoin wallet and integrated full-time software engineers. The startup mission
Exclusive Interview with Gem’s Julian Vergel de Dios from Inside Money 2020. By Alberto Mata Las Vegas, Nevada – On November 2 at Money 2020 Julian Vergel de Dios, Senior Developer at Gem, a simple and secure Bitcoin platform for developers was busy building an app that enables bitcoin transactions from within messaging applications. Along with Dan Treiman, CTO of Weave, Vergel de Dios submitted the application to the Money 2020 hackathon for a chance
Replacing Mt Gox? Kraken launches exchange in Japan A write up by Marco Pineda, Kraken in the past was an excellent exchange exclusive to the United States and Europe. With complete abidance with laws and regulations from organizations like the Financial Services Authority, they are confident with their launch in Japan as well as keeping stability in operations abroad. As Kraken did launch right after the crash of Mt. Gox, it’s only fitting that Kraken
One of the oldest UK charities accepts Bitcoin donations. By Alberto Mata On July 31, The Royal National Lifeboat Institution (RNLI) began accepting Bitcoin. The RNLI was founded in 1824, and is a major charity based in the UK and Ireland. RNLI considers taking bitcoin donations a pilot scheme, and does not have expectations as to how many bitcoins will be donated. The ability to accept bitcoin does not replace but rather it complements existing
MerchantCoin to capture 5% of Visa-accepting merchants. By Alberto Mata According to their whitepaper published earlier this month, MerchantCoin estimates that it’s efforts will garner 5% of Visa accepting merchants to also accept bitcoin. “Merchant coin envisions a world where “Bitcoin is routinely accepted in payment for goods and services; Bitcoin lending, borrowing and investing is routine; Bitcoin’s standing and liquidity is equal to any other currency; Bitcoin is a household word. The XMC token
MerchantCoin Vision by Example Earlier this month MerchantCoin published their whitepaper. The following scenario is included in the paper and illustrates the MerchantCoin vision for a consumer and seller in the commercial sector who use the MerchantCoin ecosystem. “A Consumer is browsing the internet, seeking to buy a new sports watch. Finding a great deal and placing it in the shopping cart, he discovers that the Merchant accepts PayPal, Visa, Amex, XMC and BTC. Opening
Gavin Andresen proposes a roadmap for scaling Bitcoin By Alberto Mata On October 6, Gavin Andresen, Chief Scientist at Bitcoin Foundation proposed a roadmap for overcoming challenges to scaling Bitcoin. Andresen suggests rolling out a hard fork that increases the maximum block size limit to enable Visa scale transaction volumes of about 3,000 transactions per second. The maximum block size is currently hardcoded at 1MB enabling 7 transactions per second, and if increased would have
New Japanese Bitcoin Exchange Launches New bitcoin exchange Kraken has finally launched in Japan. Kraken aims to replaces the notorious Mt.Gox as the leader in bitcoin financial exchange industry, doing so in the very place Mt. Gox was based in. During the team’s recent announcement, security and complete trade compliance were mentioned several times. USA & European Frontier Kraken has had exceptional history in the past operating within the United States and European markets. With
Yet again, Bitcoin and cryptocurrencies as a whole are on the decline. While this is a 2 month chart, the outlook has been a steady decline with spikes of volume (particularly around October 5th as shown in the chart). To the current average of $347.25 according to CMC at time of writing. This was after a brief dip to the $330 range, but for now Bitcoin seems to be going on a positive market trend.
KROIN, is the result of a new and innovative credit based economic and financial system. Kroin aims to be an alternative and democratic economic system to the traditional financial system. It's a system that creates and distributes a digital financial asset generated directly by users. Kroin developers designed it to be an open, verifiable, transparent and user friendly platform using the blockchain technology.
We were in the Crazy Sin City at one of the most exciting bitcoin conference of this year. Hashers United Bitcoin Mining Conference. We had a chance to talk to Marshall Long, executive director of Hashers. Bitcoinist -This is the first ever mining conference in the industry so congratulations guys for putting it together! This is the second day of the two days conference here in Las Vegas. Amazing speakers, lot of audience. Excited to
Belgian Bitcoin Association is growing steadily. The popularity of Bitcoin is growing steadily. Some claim that reason of the Bitcoin popularity increase is because of the big companies like overstock that are accepting Bitcoin payments for their goods. However history and statistical data has shown us that it is largely due to the fact of an active Bitcoin community that is open to all that is the main reason that Bitcoin is growing strong in
Monetas is building the world’s first decentralized system for financial and legal transactions. It is a powerful, open, standards-based platform that will enable digital finance entrepreneurs to build amazing new products and services. By introducing breakthrough technological innovations and dramatically lowering the cost of doing business, it will enable a whole new class of businesses. The startup mission is to empower people to live and do business with greater freedom than ever before, creating a world of unprecedented prosperity.