• 3 March 2016 — Ethereum Nodes have shot up about 22% in the past 24 Hours with the .5 “Homestead” beta release of the official wallet, to a total of 4,611. That’s 72% the number of Bitcoin nodes currently running, or roughly equal to the amount of active Bitcoin Core nodes at the time of writing. The announcement was made in a tweet from Ethereum today. Ethereum has been taking the cryptocurrency world by storm

    Ethereum Nodes Skyrocket on Homestead Wallet Release

    | 2016/03/04 12:15 am
  • The recent issues plaguing the Bitcoin blockchain and delayed transaction confirmations has made its way to mainstream media outlets all over the world once again. Some are even calling this recent issue a sign of how Bitcoin payments are failing. While it is certainly true the delays caused a fair amount of frustration; there is no need to despair just yet, as services seem to have returned to normal. Also read: Core Dev Dashjr Anticipates

    Bitcoin Transaction Delays: Growing Pains Or Sign of Things To Come?

    | 2016/03/03 1:25 pm
  • 03 March 2016 – Dashjr, Bitcoin Core Developer, has made a novel proposal to solve the risk associated with the upcoming Bitcoin halving in July on development mailing lists. Instead of implementing a scaling solution, he suggests making adjustments to the code that governs difficulty of mining blocks. Bitcoin development has slowed significantly amidst controversy generated in the community over exactly how Bitcoin should scale, and the hard fork Dashjr proposes acts as a contingency

    Core Dev Dashjr Anticipates Mass Miner Exodus

    | 2016/03/03 12:39 pm
  • Arlington, VA – (Marketwired – March 3, 2016) – BTCS Inc. (OTCQB: BTCS) (“BTCS” or the “Company”), a blockchain technology focused company which secures the blockchain through its transaction verification services business, announced its CEO and COO have donated shares of BTCS common stock from their personal holdings, currently valued at $170,000 to Consumers’ Research (www.consumersresearch.org). Charles Allen, chief executive officer of BTCS, stated “The support Consumers’ Research provides to our industry is invaluable, and

    BTCS Executives Donate Personal Shares to Benefit Consumers’ Research

    | 2016/03/03 10:58 am
  • A representative from the Bank of England gave a speech at the London School of Economics concerning blockchain technology and cryptocurrency. Ben Broadbent, deputy governor for monetary policy, said these digital protocols can allow anyone an easier method to hold savings in a bank account worldwide.  Also read: London Bitcoin Forum – The Conference for Bitcoin & Blockchain Innovations – Kicks Off March 23rd Bank of England Representative: Centralized Blockchains May be Useful Broadbent stated in

    Bank of England’s Deputy Governor Sees Potential in Distributed Ledgers

    | 2016/03/03 6:00 am
  • Various proposals are floating around on the Internet to raise more support for Bitcoin Classic in these days of block size debates and transaction backlogs. Some people proposed the idea of setting up a crowdfunding effort for those miners who generate Bitcoin Classic blocks on the network. This new idea would see one exchange owner implement a voluntary fee – on top of normal fees – to support the mining of Bitcoin Classic blocks. An

    Boosting Bitcoin Classic Mining With Voluntary Fees on A Bitcoin Exchange

    | 2016/03/03 3:40 am
  • NEW YORK and SAN FRANCISCO – March 1, 2016 – A new partnership announced today between HYPR Corp. and BitGo, Inc. extends biometric authentication to the blockchain space to secure digital assets, cryptocurrency, identities and private keys. Disclaimer: This is a press release. Bitcoinist is not affiliated with these firms and is not responsible for their products and/or services. BitGo and HYPR Announce New Partnership  This alliance of key players brings together biometric security with

    Blockchain Meets Biometrics: HYPR Corp. and BitGo Announce Partnership

    | 2016/03/02 11:56 am
  • Various companies are looking for people with knowledge and expertise in the world of blockchain and distributed ledgers these days. Thomson Reuters, a company well-known for the intelligent information and solutions regarding global markets, is hiring an Ethereum blockchain developer for one of their mobile web projects. The blockchain industry keeps creating jobs all over the world by the look of things. Also read: Wall of Coins Review: Good for Bitcoin Beginners, So-So for Veterans

    Thomson Reuters Announces Ethereum Blockchain Plans

    | 2016/03/02 9:20 am
  • Wall of Coins is a peer to peer exchange for Bitcoin that advertises security and privacy as their primary features. Their service features zero transaction fees, a web API, and they boast 100% cold storage reserves. While their infrastructure for exchange is an interesting departure from both centralized and P2P exchanges, how practical and convenient is it compared to more sophisticated options like Circle and Mycelium? With a service that operates as uniquely as Wall

    Wall of Coins Review: Good for Bitcoin Beginners, So-So for Veterans

    | 2016/03/02 6:00 am
  • March 2, 2016 – OpenBazaar released it’s open beta officially on the bitcoin testnet today, marking the launch of the first truly decentralized Bitcoin marketplace. The OpenBazaar team is encouraging potential merchants and users to try out the 1.0 release to get familiar with its workings and interface. The software is fully functional for the first time, and whether you plan on selling or buying on the OpenBazaar network, the release is worth a look.

    OpenBazaar Launches Officially on the BTC Testnet

    | 2016/03/02 3:55 am
  • Double-spending in the Bitcoin world is becoming a very rare occurrence, but that doesn’t mean it is impossible to pull off this type of attack. BitBet, an online gambling platform, fell victim to such an attack earlier today as a result of several of their transactions not being included in the Bitcoin Node mempool. This entire situation is sparking a lot of debate and conspiracy theories as to why one particular transaction was broadcasted twice

    BitBet Falls Victim To Strange Bitcoin Double-Spend Behavior

    | 2016/03/02 3:38 am
  • March 1, 2016 — Zero Knowledge Contingent Payments are have been made a reality for Bitcoin users everywhere. Core dev Gregory Maxwell and Sean Bowe, a member of the Zcash team,  completed the first payment of this type on the bitcoin network a few days back, using a simple script to transfer the answer to a sudoku puzzle over the internet for bitcoin in a secure, non-reversible manner. Read Also: Electrum Update Brings Tons of

    Bitcoin Gains Smart Contract Functionality With Zero Knowledge Contingent Payments

    | 2016/03/01 1:00 pm
  • The Microsoft Azure blockchain-as-a-service offering just got a bit longer, as AlphaPoint joined the fray. Or to be more precise, the first certified offering by Blockapps is making its way to the Microsoft Azure BaaS service, in the form of STRATO. This single-blockchain instance will let developers tinker around the Ethereum blockchain and provide an API for application purposes. Additionally, AlphaPoint and IOTA are now available on the BaaS platform as well. Also read: KeepKey: A

    Microsoft Azure Blockchain-as-a-service Adds STRATO, Alphapoint And IOTA

    | 2016/03/01 12:06 pm
  • How do you regain your mantle as champion of a genre you pioneered? Everdreamsoft’s answer is Spells of Genesis (SoG), an innovative new mobile trading card experience combining arcade ease and its own, innovative currency for iOS and Android devices. Also read: The Vanbex Report: The Future of Fintech This article was provided by The Vanbex Group A Look Into Spells of Genesis Everdreamsoft’s first foray into trading card gaming (TCG) was with 2009’s Moonga,

    Spells of Genesis: An Overview

    | 2016/03/01 12:00 pm
  • Simple design, sleek look and security measures any hardware wallet user could want to store Bitcoin or any digital asset. Disclaimer: This article was provided by The Vanbex Group. Bitcoinist is not affiliated with the firms represented by the Vanbex group and is not responsible for their products and/or services. Meet the KeepKey, a device that offers a clean 3.12” OLED screen with a polycarbonate front encased in anodized aluminum. The device comes packaged with

    KeepKey: A Deeper Look into Luxury

    | 2016/03/01 8:00 am
  • On February 29, BitGo engineer Jameson Lopp tweeted a screenshot of the /r/bitcoin front page, capturing ironic frustration coming from redditors posting on a board controlled by Theymos, notorious for censoring any anti-Core discussions about the Bitcoin block size. Also read: Bitcoin Classic Drama Hits New High, Debate Continues The top post on the screenshot was titled, “Is there a stress test going on right now?”, the user wondering if testing could be the cause

    Block Size Blues: Confirmation Times Rising as 1 MB Limit Looms

    | 2016/03/01 6:00 am
  • Bitcoin exchange platforms around the world keep evolving as more time progresses. Consumers want quick and convenient access to digital currency, as well as an option to exchange back to fiat currency when needed. 247Exchange.com Has been working hard to provide both of these services, and they have now expanded their business to Canada. Purchasing digital currency with CAD becomes easier than it has ever been before. Also read: Lisk Raises $500,000 in First Week

    247Exchange.com Expands Bitcoin Buying and Selling Services To Canada

    | 2016/03/01 3:40 am
  • One week into their Initial Coin Offering (ICO) upcoming decentralized application platform Lisk reports that it has already raised over 1200 bitcoins, totaling around $500,000 USD. Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not responsible for the firms represented by Bitcoin PR Buzz and is not responsible for their products and/or services. Lisk Funding Shows Very Promising Start The ICO began a week ago on February 22, 2016. Getting massive start by raising

    Lisk Raises $500,000 in First Week of ICO

    | 2016/02/29 4:00 pm
  • The Vanbex Report is a periodic summary of the blockchain industry’s top news stories from the biggest companies, as well as the most promising newcomers. Feb. 29, 2016 — Fintech, fintech, fintech. The portmanteau spanned headlines around the world this past week, as it has the past couple of years or so. Also Read: J.P. Morgan Lays Out Its Technology Plans Fintech Future Bright Fintech refers to financial technology and applies to a segment of

    The Vanbex Report: The Future of Fintech

    | 2016/02/29 1:00 pm
  • Bitcoin Classic has been a point of controversy since its announcement. Taking on Bitcoin Core head-to-head, Classic proposes an immediate block size increase to 2 MB, with provisions for future increases. The block size debate has always been contentious, apt to erupt into name-calling and mudslinging. But now, with Core facing serious competition from Classic, this scalability issue may soon be forced to come to a head. Also read: Bitcoinist Weekly News Re-Hash: Bitcoin Classic

    Bitcoin Classic Drama Hits New Highs, Debate Continues

    | 2016/02/29 12:15 pm
  • BitFury is a well-respected company in the Bitcoin community, as they are a hardware manufacturer as well as a company helping with validating transactions. In one of their recent announcements, the company mentioned how they made a strategic investment in BitPesa. This investment will help grow the Bitcoin trading platform and universal payment solution offered by BitPesa. Also read: Bitcoinist Weekly News Re-Hash: Bitcoin Classic Gaining Steam BitFury Investment in BitPesa It may sound strange

    BitFury Makes Investment In BitPesa

    | 2016/02/29 10:47 am
  • This past week saw a lot of hot news stories coming from the Bitcoin community and the organizations powering the growth of the ecosystem. Bitcoin Classic appeared in the news a few times throughout the week, reminding us that the block size debate is far from over. In terms of price, not much happened at the macro level. Hardly any change took place between the open and close of the week, with the price falling less

    Bitcoinist Weekly News Re-Hash: Bitcoin Classic Gaining Steam

    | 2016/02/29 6:00 am
  • The concept of Bitcoin has been attracting attention from all over the world in recent years. Digital currency provides a way to achieve financial freedom regardless of one’s location or access to existing services and platforms. South Africa seems to be taking a serious liking to Bitcoin in recent weeks, as the LocalBitcoins trading volume keeps spiking week over week. Also read: London Bitcoin Forum – The Conference for Bitcoin & Blockchain Innovations – Kicks

    LocalBitcoins Volume In South Africa Shows 50-fold Growth In One Year

    | 2016/02/29 5:01 am