BitcoinTicket.com : Bitcoin news and Domain names for sale

Providing Bitcoin-related news and Bitcoin domains for sale.

Please go to Buy This Domain to purchase these domain names:

BitcoinDeal.com, BitcoinCommerce.com, BitcoinGuns.com, BitcoinRetail.com, BitcoinRetailers.com, BitcoinSale.com, BitcoinSales.com, BitcoinTicket.com, BitcoinSellers.com, BinaryCoin.com, Bitcoin8.com, Bitcoin9.com, Bitcoinate.com, Bitcoing.com, Bitcoinize.com, Bitcoink.com, BitcoinU.com, Bitcoin4U.com, BitcoinUs.com, MegaBitcoin.com, OrBitcoin.com, Podcoin.com, CuBitcoin.com, Ramcoin.com, Pubcoin.com, Simcoin.com, TiBitcoin.com, Bitcoint.com, GigaBitcoin.com, SuperBitcoin.com, WeBitcoin.com, Bitcoin2Gold.com, Bitcoin2Silver.com, Bitcoin4Silver.com, silver2Bitcoin.com, silver4Bitcoin.com, silverBitcoin.com, BitcoinAccount.com, BitcoinAudit.com, BitcoinAuditor.com, BitcoinAudits.com, BitcoinBug.com, BitcoinBuyers.com, BitcoinCharge.com, BitcoinCheap.com, BitcoinClear.com, BitcoinCents.com, BitcoinDealers.com, BitcoinDimes.com, BitcoinHaven.com, BitcoinHedge.com, BitcoinLenders.com, BitcoinPip.com, BitcoinPledge.com, BitcoinRates.com, BitcoinSave.com, BitcoinSavers.com, BitcoinSavings.com, BitcoinSell.com, BitcoinSpread.com, BitcoinSwaps.com, BitcoinTicker.com, BitcoinTrend.com, BitcoinTrends.com, BitcoinWire.com, btcBanking.com, btcFund.com, btcTrades.com, cashBitcoin.com, CheapBitcoin.com, CheapBitcoins.com, clearBitcoin.com, deBitcoin.com, escrowBitcoin.com, escrowcoin.com, forexBitcoin.com, gold2Bitcoin.com, sendBitcoin.com, Bitcoinsure.com, Bitcoins4free.com, BitcoinBot.com, BitcoinBots.com, BitcoIntel.com, BitcoinCoder.com, BitcoinCoders.com, BitcoinDesk.com, BitcoinDev.com, BitcoinDns.com, BitcoinEmail.com, Bitcoinet.com, BitcoinHack.com, BitcoinHacks.com, BitcoinKeys.com, BitcoinLib.com, BitcoinLog.com, BitcoinLogin.com, BitcoinLogs.com, BitcoinPlugin.com, BitcoinServer.com, BitcoinSniffer.com, BitcoinTool.com, BitcoinTools.com, BitcoinAssist.com, BitcoinBackup.com, BitcoinCop.com, BitcoinCrypt.com, BitcoinConnect.com, BitcoinDonate.com, BitcoinDrop.com, BitcoinExperts.com, BitcoInform.com, BitcoinGuard.com, Bitcoinnect.com, BitcoinValet.com, BitcoinPolice.com, BitcoinCorp.com, BitcoinLaw.com, BitcoinMaker.com, BitcoinPad.com, BitcoinSearch.com, BitcoinService.com, BitcoinSpy.com, BitcoinStealth.com, BitcoinStorage.com, BitcoinStudy.com, BitcoinTest.com, remoteBitcoin.com, saferBitcoin.com, safercoin.com, fastBitcoin.com, BitcoinTrace.com, BitcoinTrack.com, quickBitcoin.com, simpleBitcoin.com, work4Bitcoin.com, Bitcointer.com, Bitcoinote.com, BitcoinLock.com, SatoshiNakamoto.com, BitcoinBlocks.com, BitcoinMill.com, Bitcoinomics.com, Bitcoinomy.com, Bitcoinism.com, Bitcoinist.com, BitcoinBetters.com, BitcoinUp.com, BingoBitcoin.com, BitcoinBidding.com, BitcoinBooker.com, BitcoinBookie.com, BitcoinBookies.com, BitcoinBookmaker.com, BitcoinCasinos.com, BitcoinGambler.com, BitcoinGamblers.com, BitcoinHall.com, BitcoinJoker.com, BitcoinLand.com, BitcoinPlace.com, BitcoinPlay.com, BitcoinPlayer.com, BitcoinPlayers.com, BitcoinPlays.com, BitcoinPrize.com, BitcoinWager.com, BitcoinWin.com, casinoBitcoin.com, BitcoinCity.com, pokerBitcoin.com, winBitcoins.com, BitcoinBrothel.com, BitcoinElite.com, BitcoinGirl.com, BitcoinGirls.com, BitcoinLadies.com, BitcoinVIP.com, BitcoinWomen.com, escortBitcoin.com, escortsBitcoin.com, MissBitcoin.com, BitcoinBook.com, BitcoinFan.com, BitcoinMag.com, BitcoinStudio.com, BitcoinMovie.com, BitcoinArmy.com, BitcoinChurch.com, BitcoinDown.com, BitcoinLight.com, BitcoinParties.com, BitcoinWars.com, BitcoinWave.com, HexCoin.com,

What is Bitcoin?

Bitcoin is a digital crypto-currency with no single point of failure due to its decentralized peer-to-peer architecture. The source code is publicly available and changes to the reference Bitcoin client are made via concensus within the community. Advantages of Bitcoin include irreversible transactions (i.e. no possibility of chargebacks as with credit cards), pseudo-anonymous, limited and fixed inflation, near instant transactions, multi-platform, no double-spend and little to no barriers to entry and more. It was created by an anonymous person known as Satoshi Nakamoto. Find out more at WeUseCoins.com.

Bitcoin Latest News

ASX Calls for Review of Distributed Ledger Settlement Platform

The Australian Securities Exchange wants to know more about the Digital Asset DLT platform, and will commission a third party study to do so.

Posted on 16 August 2017 | 10:00 pm

How Can Users Securely Withdraw and Store Bitcoin Cash - CoinTelegraph


CoinTelegraph

How Can Users Securely Withdraw and Store Bitcoin Cash
CoinTelegraph
Only a handful of Bitcoin wallet platforms and exchanges are supporting Bitcoin Cash deposits and withdrawals. Bitcoin users who received Bitcoin Cash (BCH) after the Aug. 1 hard fork can utilize secure wallet platforms from Trezor, BTC.com and BitGo ...

Posted on 16 August 2017 | 4:19 pm

Swiss digital asset exchange buys US wallet maker in all-bitcoin deal - Reuters


Reuters

Swiss digital asset exchange buys US wallet maker in all-bitcoin deal
Reuters
NEW YORK (Reuters) - Swiss digital currency exchange ShapeShift AG said on Wednesday it has acquired Seattle-based KeepKey Holder LLC, a maker of devices known as digital wallets, in an all-bitcoin deal. Financial terms were undisclosed. KeepKey's ...
Cryptocurrency Exchange ShapeShift Acquires Bitcoin Wallet StartupCoinDesk

all 7 news articles »

Posted on 16 August 2017 | 3:32 pm

CULedger Credit Union Consortium Launches Blockchain Services Business

A blockchain initiative backed by a group of US credit unions has formed a new organization to support its efforts.

Posted on 16 August 2017 | 11:20 am

Crypto Exchange Shapeshift Acquires KeepKey Hardware Wallets

ShapeShift Acquires KeepKey

Today, Shapeshift.io announced its acquisition of hardware wallet manufacturer KeepKey. According to the cryptocurrency exchange, by pairing the KeepKey hardware wallet with ShapeShift, users will be allowed to safely store their coins on a secure physical device while trading their assets directly over the ShapeShift API, which can be reached from KeepKey’s interface.

“Security is of critical importance when it comes to holding and trading digital assets. One of our priorities has always been to make the exchange experience as safe and easy for users as possible, and our pairing with KeepKey enables us to provide an unmatched customer experience. Users can hold their coins on the hardware device and exchange them on demand within the wallet, without even visiting a website. When you pair the KeepKey hardware wallet with ShapeShift’s exchange, the experience is magical,” Erik Voorhees, CEO of ShapeShift, said.

KeepKey already had integrated ShapeShift’s API a year ago, allowing it to supporting the most popular cryptocurrencies. The firm’s objective is to support all leading digital assets providing the users with the “most secure storage wallet available.”

“This partnership will not only guarantee the future success of the KeepKey brand and product line, but joining the ShapeShift team will enable us to focus on continuing to work on developing better technology and security for crypto-holders,“ said Ken Hodler, Chief Technology Officer at KeepKey.

ShapeShift confirmed that the company will preserve KeepKey’s brand and product line. Furthermore, the acquisition of KeepKey will allows ShapeShift to “provide increased capital for inventory and security expertise.”

“Amid heightened interest in the concept of digital currencies, a simple, user-friendly cold storage wallet with native exchange functionality is one key to wider adoption,” said Voorhees.

The combination of ShapeShift and KeepKey reflects both companies’ commitment to security and privacy. ShapeShift does not collect any personal information on its users. Furthermore, customer funds are not collected on the company accounts and users maintain control of their keys at all times.

The KeepKey drive is physical hardware device that protects users’ funds from “hackers and thieves.” It uses wallet software located on the user’s computer. The device takes over the management of private key generation and storage along with the signing of transactions. The hardware has a built-in random number generator for private keys, which works in combination with the “randomness” provided by the user’s computer. After the private key is generated, the user is given a twelve-word recovery sentence, which can be used to recover the device without compromising its private keys.

The post Crypto Exchange Shapeshift Acquires KeepKey Hardware Wallets appeared first on Bitcoin Magazine.

Posted on 16 August 2017 | 10:12 am

Cryptocurrency Exchange ShapeShift Acquires Bitcoin Wallet Startup

Cryptocurrency exchange ShapeShift has acquired the bitcoin hardware wallet startup KeepKey.

Posted on 16 August 2017 | 10:00 am

Block 494,784: Segwit2x Developers Set Date for Bitcoin Hard Fork

The developer team behind the Segwit2x scaling proposal is set to announce a formal date for a planned bitcoin hard fork today.

Posted on 16 August 2017 | 9:35 am

AMD Releases New Software Package for Cryptocurrency Mining

Graphics card (GPU) maker AMD is rolling out a new software driver geared specifically toward cryptocurrency mining.

Posted on 16 August 2017 | 9:00 am

Bitcoin Now Comes From Satellites in Space. Welcome to the Future. - Futurism


Futurism

Bitcoin Now Comes From Satellites in Space. Welcome to the Future.
Futurism
Bitcoin software company Blockstream announced that its Blockstream Satellite network will transmit the cryptocurrency down from space, enabling people in places with little support for the blockchain network to access bitcoin.
Bitcoin launches into space to boost trading worldwideZDNet
The Bitcoin Network is Now in Outer SpaceThe Merkle
Bitcoin hitches a ride to space as satellites set to beam crypto down to earthBizNews
CoinTelegraph -The Straits Times
all 24 news articles »

Posted on 16 August 2017 | 7:58 am

Swiss Bank to Sell Ether and Bitcoin Cash to Customers

A private Swiss bank is expanding a digital asset management service it launched earlier this summer to include new cryptocurrencies.

Posted on 16 August 2017 | 7:10 am

Bitcoin Down $100 as Price Seeks Support Above $4,000

Bitcoin prices are beginning to move sideways, just a day after setting a new all-time high.

Posted on 16 August 2017 | 6:15 am

ICO Meets VC: Blockstack Raises $25 Million for Decentralized Internet Fund

Decentralized internet startup Blockstack has raised $25 million in venture funding to grow and develop its distributed ecosystem.

Posted on 16 August 2017 | 5:59 am

IT Giant NTT Data Enlists 13 Companies for Blockchain Consortium

Japan's largest IT services firm, NTT Data, has announced a new consortium aimed to investigate use cases for blockchain technology.

Posted on 16 August 2017 | 5:00 am

'Boiler Room' Crypto Scam Targeted by London Police

British police arrested an individual last week for allegedly fleecing would-be investors via a fake cryptocurrency investment scheme.

Posted on 16 August 2017 | 4:00 am

Advertise with Anonymous Ads

Bitcoin Is Literally Soaring Into Space After Rocket-Like Surge - Bloomberg


Bloomberg

Bitcoin Is Literally Soaring Into Space After Rocket-Like Surge
Bloomberg
Blockstream Inc. plans to make the digital ledger underpinning the cryptocurrency accessible via satellite signal so people without Internet access, or in places where bandwidth is expensive, can trade and mine bitcoin. The company also touts the ...
Blockstream Is Using Satellites to Beam Bitcoin Down to EarthCoinDesk

all 9 news articles »

Posted on 16 August 2017 | 1:07 am

A Bitcoin Is Worth $4,000--Why You Probably Should Not Own One - Forbes


Forbes

A Bitcoin Is Worth $4,000--Why You Probably Should Not Own One
Forbes
Bitcoins have increased 7.5 times in value over last year, but it looks more like tulip bulb mania than good investing.

and more »

Posted on 15 August 2017 | 5:15 pm

S&P 500 or Cryptocurrency: Just How Big Is Bitcoin's Price Explosion?

Bitcoin price gains are impressive. But when compared to traditional asset investment, how big is big? And are there downsides?

Posted on 15 August 2017 | 1:01 pm

Bitcoin Price Surges After Agreement on Software Update - New York Times


New York Times

Bitcoin Price Surges After Agreement on Software Update
New York Times
The price of Bitcoin has rocketed to new highs after a long battle over the rules of the software was resolved, at least temporarily. The price of a Bitcoin has risen nearly 50 percent since the beginning of the month, raising the total value of all ...
Goldman Sachs says bitcoin may rise about $500 more, before losing half its valueCNBC
Bitcoin has doubled in value in a month. Here's whyCNNMoney
So you want to invest in bitcoin: Here's what you should knowUSA TODAY
NPR -Business Insider -Fortune -CoinDesk
all 319 news articles »

Posted on 15 August 2017 | 12:25 pm

$45 Million: Ukrainian Lawmakers Reveal Big Bitcoin Holdings

Three lawmakers in Ukraine have more than $45 million worth of bitcoin, recent disclosures reveal.

Posted on 15 August 2017 | 12:01 pm

Bitcoin 'miners' dig more than just the money - CNBC


CNBC

Bitcoin 'miners' dig more than just the money
CNBC
The best-known type, bitcoin, is how 36-year-old Samson began investing in the growing world of so-called cryptocurrencies four years ago. Intrigued by the technology used, which eliminates the need for traditional banks in transactions, he became both ...

Posted on 15 August 2017 | 10:24 am

Ripple Confirms China Expansion Plans, Shoots Down Alibaba Rumor

Rumors are flying about Ripple's China expansion. Ripple elaborated on plans for the country, and shut down speculation they're working with Alibaba.

Posted on 15 August 2017 | 9:45 am

Blockstream Satellite: Broadcasting Bitcoin from Space

Blockstream Satellite: Broadcasting Bitcoin from Space

Yesterday a video teaser from blockchain technology company Blockstream created waves of excitement among enthusiasts of both cryptocurrencies and space. Most participants speculated that Blockstream was about to implement the idea, promoted by Bitcoin developer Jeff Garzik (among others), of a satellite system that streams the Bitcoin blockchain to the whole planet from space. The speculations were, indeed, correct.

Today, the company is announcing Blockstream Satellite, a new service that broadcasts real-time Bitcoin blockchain data from satellites in space to almost everyone on the planet. Blockstream Satellite covers across two-thirds of the Earth’s land mass and, according to the company, additional coverage areas will soon come online to reach almost every person on the planet by the end of the year.

“Bitcoin is a powerful and transformative internet native digital money that has blazed a trail of disruption, with its full potential yet to unfold. Because it’s permissionless, Bitcoin enables anyone to freely create new financial applications and other innovations that use the blockchain that haven’t been possible before,” said Blockstream co-founder and CEO Adam Back.

“Today’s launch of Blockstream Satellite gives even more people on the planet the choice to participate in Bitcoin. With more users accessing the Bitcoin blockchain with the free broadcast from Blockstream Satellite, we expect the global reach to drive more adoption and use cases for Bitcoin, while strengthening the overall robustness of the network.”

The Blockstream Satellite network currently consists of three geosynchronous satellites at various positions over Earth that cover four continents: Africa, Europe, South America and North America. Blockstream is leasing bandwidth on existing, commercial, geosynchronous satellites: Galaxy 18 (covering North America), Eutelsat 113 (covering South America) and two transponders on the Telstar 11N satellite (one covering Africa and one covering Europe).

Ground stations, called teleports, uplink the public Bitcoin blockchain data to the satellites in the network, which then broadcast the data to large areas across the globe. Additional satellites and teleports are being added to achieve worldwide coverage by the end of the year.

Blockstream_Satellite_Phase1+2_Coverage_Areas.jpgBlockstream_Satellite_Phase1+2_Coverage_Areas.jpg

The Blockstream service is expected to be especially useful to people in remote regions of developing world with poor internet connectivity.

"When I first heard of Blockstream Satellite, I immediately recognized its great potential to bring Bitcoin to regions of the world where internet access is either unavailable or expensive,” said Tim Akinbo, who runs the only bitcoin node in West Africa. “Not to mention providing redundant access when internet access is temporarily unavailable."

Blockstream Satellite uses GNU Radio, an open-source software development platform for Software-Defined Radio (SDR), expected to reduce costs and streamline development by eliminating the need for specialized hardware. Blockstream Satellite utilizes the Fast Internet Bitcoin Relay Engine (FIBRE), an open-source protocol backed by several years of history operating and studying the Bitcoin Relay Network. “Together, these open-source technologies power the Blockstream Satellite network enabling Blockstream to provide this free service reliably and cost effectively,” noted the Blockstream press release.

“Anyone can receive the signal with a small satellite dish (similar to a consumer satellite TV dish) and a USB SDR (software-defined radio) interface,” notes the Blockstream Satellite FAQ. “The total equipment cost for a user is only about $100. The software is free. The software interface is the open-source GNU Radio software, which is the receiver. GNU Radio will send data to the FIBRE protocol, which is the Bitcoin process and is where the blocks reside.”




The post Blockstream Satellite: Broadcasting Bitcoin from Space appeared first on Bitcoin Magazine.

Posted on 15 August 2017 | 8:52 am

Bitcoin's Price Is Down More Than $500 After Hitting a New High

Bitcoin prices have fallen below $4,000 hours after hitting a new all-time high.

Posted on 15 August 2017 | 8:43 am

Bitcoin Bill Delayed as Russian Lawmakers Seek 'Optimal Solution'

A working group within Russia's state legislature is further delaying work on a cryptocurrency legalization bill.

Posted on 15 August 2017 | 7:01 am

Josh Garza's Sentencing Could Be Pushed Back to Next Year

Convicted cryptocurrency executive Josh Garza may see his sentencing for wire fraud postponed until next year, court records show.

Posted on 15 August 2017 | 5:00 am

Bitcoin Price Analysis: Still More Room at the Top, For Now

Bitcoin Price Analysis

While many fear BTC-USD is entering bubble territory, others are calling for even higher price targets.  Politics aside, there is a clear push for higher BTC-USD prices and it’s creating market uncertainty.

Here are the facts:

  1. 30 days ago, BTC-USD was $1800.

  2. Today the price of BTC-USD has risen 130% and has managed to establish an all time high at $4300.

  3. In 5 days alone, the price of BTC-USD has increased its market value by 30%.

Taking a look at the macro trend since the rise post-$1800s, we see clear lines of support along the Fibonacci Retracements:

Figure_1.JPG
Figure 1:  BTC-USD, 6-Hour Candles, Bitfinex, Macro Fib. Lines

Across the length of the bullish push from the $2700s (the 61% line) there are signs of sustained momentum in the RSI and MACD.  Looking at the volume profile, there is no clear decline in volume and it appears to show market interest in higher values as the volume’s moving average has remained mostly flat.  However, since the bullish push from the $3200s (the 38% line) we can see signs of bullish exhaustion in the form MACD and RSI divergence.  

Zooming in on a smaller timescale, we see evidence of a higher push to new all time highs:

Figure_2.jpgFigure 2:  BTC-USD, 1-Hour Candles, Bitfinex, Potential Bull Pennant Breakout

At the top of BTC-USD’s strong run from the $3200s stands a classic bullish continuation pattern called a “Bull Pennant.”  The pennant is characterized by price consolidation within a convergent pattern and has decreasing volume throughout the length of the pennant body.  To accompany this pattern is a 1-hour RSI and MACD that began to consolidate toward its centerline.

At the time of this article, BTC-USD appears to have broken out of this pennant with a sharp increase in volume.  Currently, based on typical price projections for Bull Pennant breakouts, this pennant breakout has a price target of $5000.

Although this is a rather aggressive price target for this bull pennant, there are some considerations on a macro scale that should be addressed and discussed.

Figure_3.JPGFigure 3:  BTC-USD, 1 Day Candles, Bitfinex, Bollinger Bands

For the fourth day in a row, BTC-USD continues to push outside the Bollinger Bands.  Historically, this sort of push has led to market pullback or consolidation.  Even on high timescales, the current 3-day candle (not shown above) is fully formed outside the Bollinger Bands and shows, on a macro scale, that the market is overbought.  To accompany this push of the Bollinger Bands, a clear decrease in volume is seen on the moving average that shows, since the rise from $1800s, there has been waning bullish sentiment.  

While there is a lot of hype surrounding BTC’s recent rise, it is paramount to remain objective and skeptical of market activity and to view the market soberly.  The price target of $5000, on a micro level seems plausible.  However, on a macro level the bullish market appears to have slightly bearish divergence.  To remain a reliable price target, the market needs to see a push to newer all time highs accompanied by increase in volume to sustain the next $800 of price movement.

Summary:

  1. BTC-USD has broken out of a bullish continuation pattern called a “Bull Pennant” with a price target of $5,000.

  2. On a macro scale, there are signs of bullish momentum loss in the form of bearish divergence and overbought signals on the Bollinger Bands.  

  3. While the market can remain overbought for days and weeks, it’s important to keep in mind that the higher the market pushes into overbought zones, the more necessary market consolidation becomes in order to prevent a market pullback.  So far, there has yet to be any considerable market consolidation during this 130% rise.

Trading and investing in digital assets like bitcoin, bitcoin cash and ether is highly speculative and comes with many risks. This analysis is for informational purposes and should not be considered investment advice. Statements and financial information on Bitcoin Magazine and BTC Media related sites do not necessarily reflect the opinion of BTC Media and should not be construed as an endorsement or recommendation to buy, sell or hold. Past performance is not necessarily indicative of future results.


The post Bitcoin Price Analysis: Still More Room at the Top, For Now appeared first on Bitcoin Magazine.

Posted on 14 August 2017 | 3:35 pm

Op Ed: Cryptocurrencies, ICOs and the Untapped "Family Office" Group

gpfamily.jpg

With cryptocurrency investing becoming increasingly mainstream, it’s important to understand the types of potential investors waiting on the sidelines. One largely untapped investment group would be a “family office” (FO), which is a private wealth manager of investments and trusts for ultra-high net worth individuals (UHNWIs). In 2015, UHNWIs included almost 173,000 individuals whose wealth accounted for $20.8 trillion. FOs can represent a single-family office (SFO) or multi-family office (MFO), with the former being the largest group that represents one extremely wealthy single family.

The Family Office Databases reports that most FOs reside in the United States.

FO_breakdown.png

According to UBS and Global Wealth, the top three investments of an average FO portfolio are in the developed market, real estate, or venture capital and private equities.

UBS_investment_breakdown.png

Cryptocurrencies would be classified as a commodity, whereas initial coin offerings (ICOs) would represent venture capital. Furthermore, most ICOs are deemed securities based on the parameters of the Howey test. Cryptocurrencies themselves are still very new and highly complex, and innovation is happening every day. Few people understand them deeply due to the intense learning curve.

Being decentralized and transparent on a blockchain with low transaction fees means cryptocurrencies have attractive properties for UHNWIs. Cryptocurrencies provide FOs with diversification from traditional assets usually in an average portfolio. However, the risk of investing remains high, especially if there is a lack of understanding around how cryptocurrencies work or how to secure them properly.

The recent explosion of ICOs and ICO funding represents a growing percentage of investors backing the creation of software or companies that are building the technology and infrastructure. David Drake, managing partner of LDJ capital, whose focus is on compliance and underwriting for ICOs, said to Bitcoin Magazine, “These ICOs need to have a real team and business structure behind them before anyone is willing to invest.”

Drake added that many investors he speaks with “are afraid that they will not understand what is happening with cryptocurrencies, but this is changing very quickly as they become curious about the subject.”

Projects that will be able to cut through the noise and hype with a clear message and identifiable use cases will likely acquire more investors through an ICO. Two such examples of successful ICOs with straightforward use cases include Civic, a project focused on providing proof of identity, which raised $33 million; and Filecoin, a decentralized storage network, which raised $252 million.

Generally, ICOs accept funds through cryptocurrencies only, although this may change to bring in more investors. Kamil Przeorski, co-founder of Experty.io and ReactPoland, told Bitcoin Magazine that “many people I talk with are very interested in my project, but don’t always understand the process and would rather use USD.”

Ultimately, the better the cryptocurrency community can communicate and explain the complexities, intricacies and possibilities, the more potential investors will flock to this space.

This guest post is by Josh Olszewicz, an advisor to Experty.io. The views in this piece are his own and do not necessarily reflect those of Bitcoin Magazine or BTC Media.




The post Op Ed: Cryptocurrencies, ICOs and the Untapped "Family Office" Group appeared first on Bitcoin Magazine.

Posted on 14 August 2017 | 12:46 pm

Bitcoin price climbs over $4,000

Posted on 14 August 2017 | 1:16 am

Ethereum Classic Forges Its Own Identity With New Mantis Client

Ethereum Classic Mantis

A group of Ethereum Classic developers wants Ethereum Classic to be known as more than a “cut-and-paste” version of the Ethereum blockchain. So they spent seven months building Mantis, a unique Ethereum Classic client, from scratch.

And it is not hard to understand their motivation.

Since Ethereum Classic split away from Ethereum as a result of the DAO hard fork last summer, the two smart contract platforms have shared the same codebase, the same smart contract development tools and more.

In fact, aside from a few protocol changes, like defusing the difficulty bomb and capping the monetary policy on the Ethereum Classic chain, for all intents and purposes, the two networks have been nearly identical.

But now Ethereum Classic is striking out on its own in a move developers behind the effort hope will position the platform as a viable alternative to Ethereum. Earlier this week, Alan McSherry, Ethereum Classic developer and Mantis project lead, announced the beta version of the new Ethereum Classic client in a blog post.

Built in the functional programming language Scala, Mantis represents a serious effort by the Ethereum Classic community to gain recognition for having its own team of developers on par with those of Ethereum. Mantis also sets the foundation for future innovations in Ethereum Classic.

“This is a good starting point for our influence in the Ethereum Classic community,” said McSherry, in speaking with Bitcoin Magazine. “We are able to say we have built from the ground up a client in Scala. And, when it comes to the future direction of Ethereum Classic, we have a pretty good handle on what we are talking about.”

But before getting into why the developers of the project chose to build a client in Scala, first, what is a client?

A Blockchain Client

In a distributed ledger, a client refers to the software that runs on a computer, or “node,” connected to the network. A blockchain client is responsible for downloading and keeping up to date an entire copy of the blockchain. In a sense, it also acts like a server in that it also serves the other nodes in the network by doing things like verifying blocks, checking that transactions include signatures and so on.  

In that respect, Mantis essentially represents a full end-to-end copy of Ethereum. It contains the mining verification algorithm, the consensus algorithm, all the network logic, the cryptography that allows users to spend their coins and the logic to verify smart contracts.

As a client, Mantis also provides interfaces for creating transactions. Still in beta, Mantis supports a command-line interface version of a wallet for making transactions. Users can also access the client from the Mist browser over HTTP.  

To be clear, Mantis is not the only client available to Ethereum Classic users. Other groups may be working on other clients, said McSherry. And the Ethereum Classic community maintains two other Ethereum clients: Geth, written in Go, and Parity, written in Rust. But McSherry explained that the hope is that Mantis will eventually become the flagship client for Ethereum Classic.

Functional Language

Mantis is different from existing Ethereum clients in that it was written in Scala, a functional programming language.

Scala is touted for benefits that include ease of testing and predictability, characteristics that allow developers to audit the code for bugs and security flaws more easily than other languages. “If you have more predictable code, that will leverage itself up to the overall quality of the product,” McSherry said.   

But there are levels of functional languages. Scala is more of a hybrid language that sits between heavyweight functional languages, like Haskell and OCaml, that draw the academic and science crowd and the user-friendly world of Java.

And this means that while Scala allows developers to write in a functional style, it still has a fairly easy learning curve, making it accessible to a broad community of developers who may want to contribute to the open-source code.

McSherry explained that because Scala is a functional language, it is also open to applying frameworks, such as Stainless, that use rigorous mathematical proofs to check that the code performs as intended. It is a theme that plays well in the Ethereum Classic community’s stance on immutability and the idea that if “code is law” then smart contracts need to run in a more secure environment.

“The ultimate goal is a much higher-quality code, and obviously, that means much higher security for the funds that are controlled,” McSherry said.

Moving Forward

In terms of a road map for Ethereum Classic, Mantis is a stepping stone to bigger things and perhaps a greater technical divergence from Ethereum.

For instance, plans are to eventually connect Mantis to IOHK’s cryptocurrency wallet platform Daedalus, giving Mantis a graphical interface. “That’s the next focus,” McSherry said.

But for now, Mantis is being made available to other developers who are willing to try out the code in a testnet environment and provide their feedback.

“We are delighted to have gotten to this stage where we have the functionality out the door,” says McSherry. “The next phase is to polish the functionality, look at the performance of it, go back and clean up, and make it a top, top client.”

He said he expects the next release of Mantis as soon as September.

The post Ethereum Classic Forges Its Own Identity With New Mantis Client appeared first on Bitcoin Magazine.

Posted on 11 August 2017 | 11:26 am

CRYENGINE now accepts Bitcoin

Posted on 29 March 2017 | 1:24 am

Consulting firm EY Switzerland accepts Bitcoin

Posted on 26 November 2016 | 12:47 am

Bitcoin Trading Bots

There have been a wide variety of situations in which algorithmic trading programs have proven to be beneficial for investors. However, investors who only trade a cryptocurrency can also take advantage of bitcoin trading bots. Through bitcoin bot trading, traders can become more flexible and prompt, minimize errors and process information more rapidly. At this… Read More »

Posted on 8 November 2016 | 6:20 pm

Steam accepts Bitcoin

Posted on 29 April 2016 | 1:09 am

Major Magazine Publisher to Accept Bitcoin Payments

Posted on 18 December 2014 | 12:43 pm

Mozilla accepting Bitcoin

Posted on 20 November 2014 | 1:55 pm

Wikimedia Foundation Now Accepts Bitcoin

Posted on 30 July 2014 | 3:14 pm

airBaltic - World’s First Airline To Accept Bitcoin

Posted on 22 July 2014 | 11:03 am

Expedia to accept Bitcoin payments for hotel bookings

Posted on 12 June 2014 | 12:41 pm

August 16, 2017 -
Real Time Analytics