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And this little piggy went hashing!
#39
http://3.bp.blogspot.com/-fCTiFvv3Dmk/Tybll_VsoPI/AAAAAAAACfc/IUoiUKlj_1U/s1600/forg+and+penguin+masks+006.jpg
#39
http://3.bp.blogspot.com/-fCTiFvv3Dmk/Tybll_VsoPI/AAAAAAAACfc/IUoiUKlj_1U/s1600/forg+and+penguin+masks+006.jpg
Austin Hill, CEO of Blockstream, will soon have a monopoly on Bitcoin developmen
Austin Hill, CEO of Blockstream, will soon have a monopoly on Bitcoin development.
Open-source projects have something called 'maintainers'. These are people who decide what goes into the code. If everyone pegs their BTC to the sidechain, it will have a network effect. Bitcoin will die and the sidechain will become Bitcoin2?
Open-source projects have something called 'maintainers'. These are people who decide what goes into the code. If everyone pegs their BTC to the sidechain, it will have a network effect. Bitcoin will die and the sidechain will become Bitcoin2?
https://www.cryptocoinsnews.com/bitcoin-price-advance-rearing-go/
Centralised systems have one inevitable trajectory that has been validated throughout history, which is that as the people in the centre accumulate power and control they eventually corrupt the system entirely to serve their own needs, whether thats a currency, a corporation, a nation.
Representative democracy was a solution to a scaling problem. The fact that you couldnt get a message across Europe in anything less than a couple of weeks.
Centralised systems have one inevitable trajectory that has been validated throughout history, which is that as the people in the centre accumulate power and control they eventually corrupt the system entirely to serve their own needs, whether thats a currency, a corporation, a nation.
Representative democracy was a solution to a scaling problem. The fact that you couldnt get a message across Europe in anything less than a couple of weeks.
Twitter: https://twitter.com/windy1
BTC: 1CTcg8SPdZkQtJic3yFsxMTdAMnEgy5KQJ
BTC: 1CTcg8SPdZkQtJic3yFsxMTdAMnEgy5KQJ
[2014-10-23] BitBeat: Bitcoin Coding Allstars Launch Sidechains Project to Boost
http://blogs.wsj.com/moneybeat/2014/10/22/bitbeat-bitcoin-coding-allstars-launch-sidechains-project-to-boost-innovation/
The proposal, which could pose a major challenge to various altcoin competitors to bitcoin, aims to ramp up the development of Bitcoin 2.0 technologies to decentralize commercial and financial activity.
The proposal also carries weight because of the names behind it. The papers lead author is Adam Back. In 1990s, he developed a program known as hashcash whose core features were incorporate into the basic design of bitcoins core mining system for processing transactions. Among the whitepapers eight other authors are two of the five-person core development team charged with managing bitcoins underlying software Gregory Maxwell and Pieter Wuille. Gavin Andresen, leader of that core team, is listed in the acknowledgements as having offered reviewer comments.
The proposal, which could pose a major challenge to various altcoin competitors to bitcoin, aims to ramp up the development of Bitcoin 2.0 technologies to decentralize commercial and financial activity.
The proposal also carries weight because of the names behind it. The papers lead author is Adam Back. In 1990s, he developed a program known as hashcash whose core features were incorporate into the basic design of bitcoins core mining system for processing transactions. Among the whitepapers eight other authors are two of the five-person core development team charged with managing bitcoins underlying software Gregory Maxwell and Pieter Wuille. Gavin Andresen, leader of that core team, is listed in the acknowledgements as having offered reviewer comments.
[2014-10-23] CNET Founder Readies Bitreserve Launch in Bid to Quell Bitcoin Vola
http://blogs.wsj.com/moneybeat/2014/10/22/cnet-founder-readies-bitreserve-launch-in-bid-to-quell-bitcoin-volatility/
Bitreserve has a few features differentiating it from other digital-currency wallet services. It taps the efficiency and low-transaction costs of bitcoin, but also promises to lock in users bitcoin deposits at fixed exchange rates. The service does not allow actual exchanges of bitcoin against fiat currencies but rather promises to absorb and manage the risk of bitcoin losing value against them by maintaining and publicly displaying an asset reserve covering 100% of its clients dollar- and other currency-denominated deposits. The goal is to overcome the extreme price volatility that has been the digital currencys primary deterrent for mainstream users and thus provide them with a service for cheap, reliable money transfers.
Bitreserve has a few features differentiating it from other digital-currency wallet services. It taps the efficiency and low-transaction costs of bitcoin, but also promises to lock in users bitcoin deposits at fixed exchange rates. The service does not allow actual exchanges of bitcoin against fiat currencies but rather promises to absorb and manage the risk of bitcoin losing value against them by maintaining and publicly displaying an asset reserve covering 100% of its clients dollar- and other currency-denominated deposits. The goal is to overcome the extreme price volatility that has been the digital currencys primary deterrent for mainstream users and thus provide them with a service for cheap, reliable money transfers.
[2014-10-23] Bitcoin 'Ransomware' Freezes Council Offices Across Italy
The attackers' fee is currently set at 400 worth of bitcoin, though this amount is said to double after three days.
After launching from a location in St Petersburg, Russia last Wednesday, the virus spread rapidly through the council's computer network through phishing emails. While some machines have been updated with antivirus software to block it successfully, many are still at risk.
http://www.coindesk.com/bitcoin-ransomware-freezes-council-offices-across-italy/
After launching from a location in St Petersburg, Russia last Wednesday, the virus spread rapidly through the council's computer network through phishing emails. While some machines have been updated with antivirus software to block it successfully, many are still at risk.
http://www.coindesk.com/bitcoin-ransomware-freezes-council-offices-across-italy/
Reminder... less than half a Bitcoin still feeds 150 people a meal.
Blockchain technology is perfect for charities btw. Honest charities. They can publish all the addresses they use, label them, and anybody can look at them and evaluate if they want to donate or not. Blockchain tech is perfect for transparency. Charities would be wise to use this feature.
Uh oh, Apple Pay is double charging customers by mistake! Oops
Apple Pay is actually a push system. What happened is BoA screwing up on their end, where they have the power to accidentally bill twice. But the interaction between the phone and merchant is a push interaction.
And this little piggy went hashing!
#39
http://t0.gstatic.com/images?q=tbn:ANd9GcSFaV34V96lW-T7pTCmjvZ6DhmH6JyxwDUplTi_0Ktmox1AbnQZ
#39
http://t0.gstatic.com/images?q=tbn:ANd9GcSFaV34V96lW-T7pTCmjvZ6DhmH6JyxwDUplTi_0Ktmox1AbnQZ
Re: PBmining.com 5GH/s Giveaway! Ends on Saint Patrick's Day (March 17).
