• 10 March 2016 – Valery Vavilov, CEO/Co-Founder of the BitFury Group, has commented on the importance of the blockchain today on Medium, going out of his way to debunk a lot of myths pervasive in the mainstream’s understanding of Bitcoin and the Blockchain. The piece serves as a great “Public Service Announcement” that defines Bitcoin in a more dispassionate light than traditional media would like to paint it. He goes over how Bitcoin is secure,

    BitFury’s Valery Vavilov Addresses Big BTC Issues Amidst Block Size Infighting

    | 2016/03/11 2:13 am
  • Editor’s note: At the request of the Brave team, Bitcoinist will be conducting an interview with the company’s CEO so he can make his case for Brave’s data collection practices. We will publish this interview in full on Bitcoinist.net.  Editor’s note (3/13/2016 3:39 PM EST): The Brave CEO did not agree to an interview with Bitcoinist. Instead, an interview between Bitcoinist and “someone from Brave” was discussed. We would like to apologize to our readers

    Brave Browser’s Ad Replacement System: Vulture in Lion’s Clothing?

    | 2016/03/10 2:01 pm
  • 10 March 2016 – Spanish Bitcoin startup Octopocket is enabling Bitcoin transactions in the ephemeral messaging app, Telegram. Their technology works without any additional software, and works through Telegram’s chat interface. Their English support is skeletal at best, and their service isn’t yet live in the US. If you want an early look, you can start a chat with their service by sending a message to @octopocket_bot via Telegram, though. Their interface and service methodology

    Octopocket Lets you use BTC in Telegram, Without Convenience or Security

    | 2016/03/10 10:48 am
  • There’s never been a whirlwind of politics surrounding an open source project on the scale that we see with Bitcoin. Alternative implementations are considered controversial on principle, and Core devs can’t propose a bug fix without being accused of manipulation on behalf of outside interests. However, BSD, another popular open source project, doesn’t seem to have these problems. Why not?  Also read: Ethereum Node Growth Explodes on “Homestead” Release At the same time, though, we’ve

    Bitcoin Devs Could Learn a Lot from BSD

    | 2016/03/06 6:00 am
  • There’s a recent article posted on the Cannabis Business Executive (CBE) called, “Is BitCoin an Answer to Marijuana’s Banking Needs? No Way, No How.” The opinion-editorial written by the author gave certain reasoning to why the digital currency was unfit for the marijuana industry. However, it seems the journalist also didn’t do his research like so many others before him. Also read: New UK Cybercrime Report Makes No Mention of Bitcoin Bitcoin and Cannabis Unfortunately, in

    Cannabis Executive Doesn’t Understand Bitcoin

    | 2016/02/27 6:00 am
  • A new report from Deutsche Bank points to financial technology (FinTech) organizations as being crucial towards advancing initiatives to integrate blockchain technology into Wall Street. Aptly titled ‘FinTech 2.0: Creating new opportunities through strategic alliance’, the report details the untapped potential which collaborative efforts between the largely geographically separated partners could bring, particularly to business-to-business (B2B) payments. Also read: Lisk Announces ICO With ShapeShift, Dapps Made Easy Blockchain Technology Needs Collaboration Between Silicon Valley and

    Wall Street and Silicon Valley: A Match Made in the Blockchain

    | 2016/02/22 6:00 am
  • February 18, 2016 – Kanye West Has announced that he will be pursuing legal action against the popular torrent site, The Pirate Bay. His announcement follows his newest album, Life of Pablo, attaining the status of most torrented album on the site, likely powered by the exclusive deal with subscription based music streaming service Tidal. Read Also: Apple Responds to FBI Backdoor Court Order Kanye’s Streaming DRM Backfires   Kanye West, a rapper and producer

    Kanye West Doesn’t Understand Digital Distribution, P2P Technology

    | 2016/02/19 3:12 am
  • The problem I am observing lately is that there are many different markets by which I can earn bitcoin, yet there aren’t many who are willing to spend their bitcoin in these markets so it’s sometimes a desert for opportunities (I can find you a developer in “X” with less than 5 minutes of effort; try doing the reverse and finding that same said developer some work involving “X” for bitcoin; good luck).  It’s a shame

    Bitcoin Liquidity: Why Are we so Stingy?

    | 2016/02/16 8:00 am
  • We’ve had a few days to see effects of Bitcoin Classic’s late beta release, and they’re surprisingly powerful. In the past week, Coinbase has adopted Classic, and Bitcoin Classic nodes on the network have jumped from around a hundred to 755 active nodes (as of the time of writing) — nearly 13% of the network, and that number is still climbing. This growth brings the total number of nodes supporting a 2MB block size to a

    Classic Fork Release Launches Consensus Hysteria

    | 2016/02/12 8:00 am
  • January 30, 2016 – Gavin Andresen, former head Bitcoin Core maintainer, posted a short treatise on the issue of consensus infighting among the Bitcoin implementations on the Svbtle writing network. The squabbling between the different dev teams has caused a deal of speculation and nervousness about the future of Bitcoin, but Andresen sees the issue a bit differently. Also Read: Bitcoin Network Reaches 1 EH/s For First Time Andresen: The Worst Case Isn’t That Bad

    Bitcoin In-Fighting Doesn’t Matter: Gavin Andresen Weighs in

    | 2016/01/30 4:24 am
  • Bitcoiners like to make a habit of fanatically praising the relatively obscure concept of peer-to-peer computing. The enthusiasm for this fledgling idea is driven by the potential of P2P technology to change the very face of market interaction. The key to this radical development is technological decentralization. Decentralization is the process of dispersing powers or functions away from a central point to a network of independent parts. Also read: Overstock Employees Kept Safe With Gold,

    Monetize All the Things: Making P2P Work in the Real World

    | 2015/11/19 12:00 pm
  • No matter how you want to look at things, the everyday consumer seems to be keen on wasting a fair bit of money month over month. Or to be more precise, state-run gambling options, such as a national lottery, are gaining in popularity. People are so eager to win that “huge lump of cash” at some point in their life. But what makes the national lottery more appealing than buying Bitcoin? Also read: The Final

    Stacking The Odds – Winning The Lottery Jackpot or Investing in Bitcoin

    | 2015/11/09 8:00 am
  • Discussions about changing the dynamic code that runs the Bitcoin blockchain should constantly be happening. Over the course of the past year, the talks of changing the block size have been an overwhelming topic of conversation. There have been some pretty stubborn people when it comes to changing the protocols code, and this is not to say that forking the code is the right step. There has been censorship and subsequently has created a rift

    Bitcoin: Discussing Code Changes Is Half The Battle

    | 2015/11/03 8:00 am
  • Bitcoin could prove to be quite attractive to the world of online gaming and eSports. Not just in terms of using BTC for micro-transactions — due to lower fees and instant transactions — but also in terms of raising funds for major tournaments. With Dota 2’s “The International” tournament just a few months away, there is still ample time for Bitcoin companies and community members to help raise additional funds. Also read: HYPER, GoldPieces Sponsor

    How eSports Tournaments Can Spread Bitcoin Awareness

    | 2015/06/16 8:00 am
  • Trust is a component in both gold currency and Bitcoin, although working in two fundamentally different ways. With gold, trust is almost always required, be it in mining, minting, or banking. On the other hand, with Bitcoin, mandatory trust only enters the equation with a centralized mining network. All other trust requirements with Bitcoin occur when an individual voluntarily gives a company or other person control over his or her coins. Also read: Is Bitcoin Better

    Is Bitcoin Better Than Gold? Part Two: Trust

    | 2015/06/04 3:00 pm
  • Bitcoin is often advertised as an anonymous digital currency that offers a high level of user privacy. People can hide their identities behind a wallet address, and generate additional addresses if needed. But is Bitcoin as anonymous and privacy-centric as uneducated people assume? The answers might surprise you. Also Read: All About: The Blockchain Part Six Anonymity vs. Pseudonymity Right now, there is a decent level of customer privacy in business. But it only exists

    Bitcoin is Not Anonymous and Lacks Privacy

    | 2015/06/04 8:00 am
  • Earlier today, I had the chance to speak with several merchants accepting Bitcoin payments for a while now. My main concern was whether or Bitcoin is being used by customers on a regular basis, and if so, whether or not there were any noticeable trends occurring. I did learn one thing though, Bitcoin is fine in terms of supporting merchants but needs to convince everyday users to work with digital currency. Also read: Ghent Bitcoincity:

    Bitcoin Usage Low Due To Disinterest From Consumers (Op-Ed)

    | 2015/05/29 7:00 pm
  • Over the past several days, the debate over increasing the Bitcoin block size limit has been rekindled. Gavin Andresen, the most prominent Core developer, restarted the debate in a blog post announcing his intention to respond to each substantial argument that opposed raising the limit. Staying true to his word, Andresen proceeded to publish a slew of posts addressing several different arguments against raising the limit. This series of articles sparked yet another community-wide discussion

    Should We Raise the Bitcoin Block Size Limit?

    | 2015/05/13 7:00 pm
  • Blockchain.info. Surely you’ve heard of it. It’s one of the more original and long-standing organizations in the Bitcoin space; one that has had its share of negative, and positive press — an issue faced by many others in the space, too. Also read: The Future of Blockchain.info Trusting companies in the Bitcoin industry can be difficult. The constant fear of over-regulation, exchanges going belly up, internal employee theft risk, the external risk of hacks/exploits — who

    BitcoinSF: Interview with Kristov Atlas of Blockchain.info

    | 2015/05/08 4:42 am
  • Off Chain Bitcoin transactions are a highly useful innovation for Bitcoin. In such a transaction, a claim on an amount of bitcoin is sent from one person to another. No actual bitcoin gets exchanged, and the transaction is not recorded on the blockchain These kinds of transactions are beneficial because they can be made instantly, without waiting for miner confirmations, and without paying miner fees. Because of these characteristics, off chain transactions can make for

    OP-ED: Beware of Off Chain Bitcoin Transactions

    | 2015/04/29 3:00 pm
  • A micropayment is a type of payment that uses relatively small amounts of money to purchase every day items, such as food and drink. Now that bitcoin’s user base is growing, it may end up being the “missing link” that makes micropayments a viable option for everyone. Also Read: Thoughts on Bitcoin Blocksize Economics. The micro-payment idea originated with banks in the early 90’s. It was a pretty solid idea; load around 150 dollars on a card to

    Is Bitcoin The Future of Micropayments?

    | 2015/04/10 7:00 pm
  • There has been a lot of controversy surrounding the Bitcoin Foundation over the past few days, and all the facts are slowly coming into perspective. From the information I have gathered, it has become quite clear the Bitcoin Foundation has lost track of its original purpose and as a result of mismanagement, was forced to fire most of the people making up the Bitcoin Foundation. Also Read: Patrick Murck Executive Director, Bitcoin Foundation on CNN Talks About

    Oliver Janssens and the Bitcoin Foundation’s Woes

    | 2015/04/07 8:00 am
  • This author’s views do not necessarily reflect those of Bitcoinist.net. In early February, the New York Department of Financial Services (NYDFS) released their revised BitLicense proposal to the public. This revision took place following a 90 day public commenting period for the first BitLicense draft held by the department during the latter part of 2014. Recently, the Department has opened up an additional 30-day commenting period for the revised draft, in which anyone can submit

    Bitcoinist Assistant Editor’s Formal BitLicense Comment

    | 2015/03/09 3:00 pm