Wednesday, September 30, 2015
Sunday, September 27, 2015
Posted by Sambiohazard
Yesterday I watched a live episode of “Chris Before Coffee” on Youtube. It turned out to be a class on social and political aspect of Bitcoin. This Hangout was broadcast from a “bitcoin squat” in London. Among other developers and bitcoin enthusiasts, there was Amir Taaki. He is the developer behind Dark Wallet. He is an Anarchist and has pretty different, or should I say, a more true perception of what bitcoin is. He shared lots of his thoughts and I recommend everyone to watch this podcast. In my opinion, it is the answer to the most important question of all “What is Bitcoin?” I asked two questions during the podcast. Amir’s answers helped me improve my understanding of how decentralization works and why this experiment in decentralization called Blockchain will fail or succeed.
My first question was about “Mining Centralization”. Pretty much anyone who cares about Bitcoin is worried about 3-4 major pools accounting for majority of mining power. I am worried that as merger & acquisition in the industry grows, we might see a lot of hashrate in the hand of people with lots of fiat money. Although, Amir’s answer showed me how a minority of miners can be manipulated/coerced for attacking the network.
The biggest takeaway for me from his answer was that Bitcoin protocol or Blockchain is only a set of rules that shows you the way, but it is you, a participant in the network, who have to apply these rules to achieve decentralization. The decentralization gives you the power to own yourself but it also comes with responsibilities which you have to take. The responsibility to secure your own money/data, responsibility to keep the network alive. So, to keep decentralization and your freedom alive, you have to leave the comfort and ease provided by centralized power structures along with the loss of liberty and own up to the responsibility that comes with power of decentralization.
My second question was about “Decentralized Decision Making”. The idea in my head was voting on features through our wallet softwares. But Amir’s answer opened my eyes. It drew me out of my comfortable assumption that if enough people want a feature then developer has to implement it or developers can decide on which features people should vote on. That is democracy, a broken system as all of us know. He said that development is a process and an iterative one. If you want to influence the development then you have to get involved in the discussion via various channels. Decentralized decision making can work only if you are ready to invest time and resources into the process.
Again, you have to take responsibility and get involved in the good, the bad and the ugly of a development decision. You cannot sit in comfort of your twitter feed and just click on a button to take decision or influence others to tag along with you. You have to reason with the community, listen to their feedback, and reason again until it is proven that what you are proposing will take everyone forward. You have to fill your place in the decentralized whole.
So, if you want to claim that you have a right to freedom that comes with decentralization, then you also have to fulfill the responsibility that keeps that freedom alive. As Uncle Ben said
“With great power, comes great responsibility.”
Saturday, September 26, 2015
Thank you for using bittrex.com.
We will be removing the following wallets on November 1st, 2015. Once removed, we will not be able to retrieve your funds. Please remove all coins ASAP. Note, that some of these coins have broken blockchains where we will not be able to send coins.
No exceptions will be made once the wallets are removed.
If you have coins in these wallets, please remove them by that date. Coin retrieval after the removal date will not be possible. Thank you for your time and for trading at bittrex.com!
Best regards,
Bittrex Team
We will be removing the following wallets on November 1st, 2015. Once removed, we will not be able to retrieve your funds. Please remove all coins ASAP. Note, that some of these coins have broken blockchains where we will not be able to send coins.
No exceptions will be made once the wallets are removed.
| Symbol | Coin Name |
|---|---|
| 16BIT | 16bitcoin |
| BOOM | BoomCoin |
| BTM | Bitmark |
| BUCKS | GorillaBucks |
| CAM | CamorraCoin |
| CHASH | CleverHash |
| CXC | CheckOutCoin |
| CYP | Cypher |
| DCC | DarkCrave |
| DOX | DoxCoin |
| EKN | Elektron |
| EPY | Empyrean |
| EQM | Equalibrium |
| EVENT | EventToken |
| GIZ | GizmoCoin |
| GPH | GraphCoin |
| GRID | GridPay |
| GSX | GlowShares |
| HAL | Halcyon |
| HAP | Hashpay |
| HUGE | BigCoin |
| LUX | BitLux |
| MNE | Munne |
| NANAS | BananaBits |
| PRE | Premium |
| QTZ | Quartz |
| RZR | Razor |
| SFR | SaffronCoin |
| SIGU | Singular |
| SMAC | SMAC |
| STV | SativaCoin |
| SYNC | SyncCoin |
| WATER | CleanWaterCoin |
| XMS | MegaStake |
| ZRC | ZiftrCoin |
If you have coins in these wallets, please remove them by that date. Coin retrieval after the removal date will not be possible. Thank you for your time and for trading at bittrex.com!
Best regards,
Bittrex Team
Tuesday, September 22, 2015
Stampery has been chosen to participate to the main Tech event in Silicon Valley, San Francisco, the “Tech Crunch Disrupt” Battlefield.
“We are very proud to be able to launch Stampery, the XXIst century’s notary, in the US in
such a prestigious event. Stampery solves data certification problems, let them be documents
emails, contracts, creations etc.. with a technology developed on the bitcoin blockchain
protocol, one of the most advanced technology today” says Luis Ivan Cuende, startup co founder and CTO.
Stampery allows individuals and companies to certify any type of data generating accurate, reliable and immutable proofs of existence, integrity and ownership. The product is a HTML5 service, a native iOS app will be launched shortly, and an API. Anyone can access, register and use the service for free, and Premium customers have access to the PRO plan at 9,99 euro a month that enable them to certify up to 1.000 documents per month. Larger companies have tailored plans per users and certificates.
The first users teststing the service, currently over 700, principally in legal departments, creative economy, marketing and creative agencies, are able to use the platform as a certification base or use the storage service offered in each plan.
“The bitcoin/blockchain as of today is regarded like the internet was regarded in the 90’s, with
great potential. Our product is a non financial bitcoin application because it uses its
extraordinary features to generate reliable and unforgeable proof of anything that
has occurred and that has generated a digital register. The proof of existence
integrity and ownership that Stampery generates is valid globally, unchangeable, and can be
verified by any independent third party in a question of seconds. This is revolutionary because today maths and not trust in a central authority allows us to verify that something has
occurred in a certain moment in time. Because of its decentralized characteristics, the
blockchain is completely safe being protected by the most powerful network of computers in the
world” explains Daniele Levi, the company CEO.
Stampery has developed a unique technology for scalability that is in the process of
an international patent. This will permit millions of certifications per second.
“Our original scalability solution - says Luis Ivan, 19 years old, and one of the most recognised
hackers in Europe - allows us to be extremely ambitious and to integrate Stampery’s
functionality with hundreds of other services, like for example with Dropbox who already has
400 million users”
The team that created Stampery is now on their third project in the bitcoin/blockchain
field, and they have been selected amongst more than 1.000 startups to be presented in
San Francisco´s TechCrunch Disrupt Battlefield. A beta of the product was launched in May this year, and has participated in the
international intensive acceleration programme Menorca Millennials in its first edition.
“Thanks to Menorca Millennials we have had made some incredible contacts - Daniele
says - and this is bringing forward new interesting business. With Menorca Millennials a new
model, very innovative, open to the world is being created, it puts together international talent
with mentors on the highest levels and investors from all over the world.”
TechCrunch Disrupt San Francisco (http://disrupt.techcrunch.com), was celebrated from the
21st to the 23rd of September 2015. TechCrunch Disrupt brings together more than 1,500
first level innovative tech and investors, as well as 150 startups, The format envisages
conferences by top entrepreneurs and important figures that are creating the development
of emerging startups. Startup Battlefield is celebrated in the afternoons, 30 innovative
companies, one of them being Stampery, are presented for the first time, competing over --
50.000 USD, exhibiting their capabilities along with another 120 startups in the Startup Alley.
Wednesday, September 16, 2015
LakeBTC: GBP, JPY deposits and withdrawals are available!
May you know, LakeBTC had launched BTCGBP and BTCJPY trading a month ago, users can trade GBP and JPY even if they don't have the real GBP or JPY. So user also could't deposit / withdrawa GBP or JPY.But this bad experience ended today, LakeBTC has opened deposits and withdrawal for GBP and JPY. You can only use domestic banker transfer to do it for now, but more local payment methods will added in the future, like mobile pay, credit card pay etc, as long as they are popular/cheap/fast for certain groups of people, please tell us (@LakeBTC) what kind of payments are popular in place you lived.
Also, not only USD, CNY, GBP, JPY, LakeBTC would also like to support more currencies in the world. For example, a small preview of LakeBTC next step, BTCEUR trading is coming!
About LakeBTC
LakeBTC project was started in early 2013 as a virtual bitcoin exchange initially for traders and other financial professionals. Now LakeBTC is run by a private company, Lake Investments Limited, and the financial status etc is not public information. Security, liquidity, and service are three strengths that make LakeBTC stand out of the crowd.
Thank you for choosing LakeBTC.com!
THE Bitcoin Exchange
Friday, September 11, 2015
ShapeShift Completes $1.6M Funding Round
Next-Generation Digital Currency Exchange Reports 100x Growth in Volume Since Opening Last Summer; Round Led by Barry Silbert’s Digital Currency Group and Roger Ver, Participants Include World’s Largest Bitcoin Exchange and Prominent Angels
SWITZERLAND- September 9, 2015 – ShapeShift.io, a next-generation, non-custodial, instant exchange service for Bitcoin and digital assets, today announced the completion of its funding round of $1.6 million USD. The round was led by Barry Silbert’s Digital Currency Group and Roger Ver, and included participation by leading exchange Bitfinex, Bitcoin Capital (Max Keiser and Simon Dixon), Mardal Investments, and top industry angels, including Bruce Fenton, Trevor Koverko and Michael Terpin.
Since its inception in August 2014, the cryptocurrency exchange led by CEO and Bitcoin industry pioneer Erik Voorhees has registered 100x growth, achieving over $2m USD-equivalent volume in July alone.
“ShapeShift demonstrated an entirely new way to think about asset exchange,” said Zane Tackett, Director of Community and Product Development at Bitfinex, “It's like Google Translate for digital currencies. We've known Erik for a while now and he's knocked it out of the park with this one. We're very excited about the partnership.”
ShapeShift has positioned itself as the fastest way for humans and machines to exchange digital assets, and the company pioneered “consumer protection by design,” building the first exchange that didn’t require the deposit of user funds. Unlike every other exchange, ShapeShift is “non-custodial,” meaning it doesn’t hold customer money, a feature that is impossible in traditional finance.
Living up to its strict “No Fiat” policy, the company operates on cryptocurrency, paying all salaries, server costs, marketing, and legal expenses with Bitcoin.
At the moment, over 40 leading digital currencies and assets are available, including Bitcoin, Counterparty, Ripple, Monero, and the highly anticipated Ethereum. Over 940 direct trading pairs are supported, more than any other exchange.
The round includes convertible note contributions announced earlier this year.
About ShapeShift.io
ShapeShift is how digital asset exchange should work. From start to finish, users can convert in seconds, with no account required. No emails or passwords. No lengthy signup process. No accounts. No friction. ShapeShift's goal is to be the fastest, safest, and most convenient way to trade digital assets. See more at: https://shapeshift.io/new.html
About Digital Currency Group:
Digital Currency Group (DCG) is accelerating the development of a better financial system. We build and support bitcoin and blockchain technology companies by leveraging our insights, network, and access to capital. DCG has been an active seed investor in the digital currency industry with over 50 investments in 15 countries. Learn more at http://dcg.co
All product and company names herein may be trademarks of their registered owners.
Media contact: Shapeshift@transform.pr, ShapeShift company contact: emily@shapeshift.io
Sunday, September 6, 2015
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Join PICISI community
Crowdfunding from Aug 31 to Sept 15 to fund construction of our innovative crowdfunding site. Buy Pi (NUMUS) with any currency.
1) we are currently in the process of doing a crowdfunding (CF) campaign to raise funds to construct our crowdfunding site. You can learn more about the campaign here: nxtforum.org/monetary-syste…
2) PICISI started as a direct result of problems experienced by a cryptocurrency (CC) community conducting a CF campaign at indiegogo. Indiegogo didn't accept CC, didn't provide adequate exposure of the campaign, and was less than hospitable overall.
3) PICISI is a crowdfunding plan, and a project, that will be a site in about 15 days. Depending on the amount of funds we raise for site construction it will either be what we designed or some generic CF site until we are able to afford the custom site. The PICISI plan calls for the following:
a) crowdfunding site that accepts fiat and cryptocurrency
b) lots of sponsors, mainly cryptocurrency communities however could be other entities as well. There are essentially 10 different sponsorship opportunities: host currency sponsors, perk sponsors, video sponsor, ...
c) promotion contractors, these are self-employed people from all over the world that do PICISI assignments satisfactorily and are paid with Pi (NUMUS).
d) campaign contractors, these are self-employed people who work for individual campaign organizers while PICISI escrows funds, work could be from create, develop, or promote campaign.
e) PICISI issued currency, Pi (currency code NUMUS) is what PICISI used to pay Admins, promotion contractors, and and anyone else. Fiat earnings are used to "rebuy" Pi on the open market, when this is done funds are usually purchased at a higher rate than they were issued. The currency is expected to be really strong because the rebuy plan removes currency from the commodity market and uses it primarily as a currency.
We hope to attach a debit card to it at some time.
Every campaign that is approved to run a campaign at PICISI is guaranteed to receive some funding, some sponsorship, and some publicity -- no one walks away with nothing.
It's a very complex plan that requires a strong community as well as a strong admin.
Once PICISI is up and running contractors from all over the world would be able to raise funds for inventions, startups, and ideas, and Promotion Contractors from all over the world would be able to promote PICISI, PiCISI sponsors, and PICISI campaigns to earn Pi. Fiat earnings from PICISI will buy PI and so on. The only time PICISI sells Pi is for major expenditures eg: startup costs, and international operational licenses.
Twitter: https://twitter.com/PICISIproject
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