Tag Archive: fractional reserve banking

  • Tech evolution Altcoin News, Altcoins

    Perfectly Decentralized: Dash Alternative to Fractional Reserves

    The last three months have been a period of organization, according to Evan Duffield, creator and lead developer of the cryptographic currency Dash. Now, with the question of scalability from an organizational perspective answered, Duffield says, “it’s time to execute.” 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. Dash Evolution “We are trying

    · August 29, 2016 · 2:53 pm
  • Bitcoin, Bitcoin Education, Bitcoin Technology, Bitcoin Wallet, News, News teaser, Op-Ed

    OP-ED: Beware of Off Chain Bitcoin Transactions

    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

    · April 29, 2015 · 3:00 pm