Monthly Archives: June 2018

Chainbet Protocol Proposes a Trustless Bitcoin Cash Betting Mechanism

On Saturday June 9, the founder of the bitcoin cash-centric wallet Electron Cash, Jonald Fyookball, revealed that he had created an on-chain betting protocol called Chainbet. The 255 lines of code form a proposal that allows a simple coin flip type of bet, but the software could be designed to handle more complex on-chain betting methods. Also read: Paid in Bitcoin? Learn How to Survive Off a Crypto-Income Chainbet: A Trustless Gaming Mechanism Built on the Bitcoin Cash Network This weekend the creator of Electron Cash, Jonald Fyookball, […]

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Bitcoin.Org’s New Look to Entice: Purges Bitpay, Coinbase, Blockchain References

A foundational crypto ecosystem website, Bitcoin.org, promoted its new look this week. Designed to be more enticing and up-to-date, the site’s changes involve more than just cosmetics and graphics. For example, it has removed references to incredibly popular resources such as Coinbase, Blockchain.com, and Bitpay.   Also read: Russian Farming Village: Local Crypto, Bitcoin Reserves, No Govt Money Bitcoin.org Gets a New Look, and More The mysterious avatar Cobra, apparently a key figure behind the important educational resource Bitcoin.org, tweeted this week, “We’ve finally updated http://Bitcoin.org to […]

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Crypto Valley’s Zug to Run Switzerland’s First Blockchain-Based Municipal Vote

Crypto Valley’s Zug will conduct Switzerland’s first blockchain-powered trial vote this summer. The Swiss city of Zug will conduct a blockchain-powered trial municipal vote this summer, local media outlet Swissinfo.ch reported June 8. The event, which is scheduled to take place between June 25 and July 1, will reportedly be Switzerland’s first municipal vote using blockchain. According to the report, the upcoming trial vote will implement the city’s digital ID (eID) system that was launched in November 2017. The system will allow citizens to vote via their […]

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Colombian Banks Close All Accounts of S. American Crypto Exchange Buda

South American crypto exchange Buda faces difficulties in Colombia as local banks close all the company’s accounts. Colombian banks closed all the accounts of South American crypto exchange Buda.com, local news outlet Diario Bitcoin reported June 8, citing an email the company sent to its clients. According to the email, the move was spontaneous, the banks confirming that the accounts had been closed without providing further explanation. The crypto exchange reported soon after the news that it was experiencing technical difficulties, but would fully resume services June […]

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South Korea Mulls Over How to Cash Out State-Owned Cryptocurrency

The South Korean government is mulling over how to cash out the cryptocurrency it recently confiscated. While the most likely option is to auction the coins off using the government-owned auction platform, various concerns have been raised. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Cashing Out BTC The South Korean government is contemplating how to best cash out its recently-acquired cryptocurrency. As part of a criminal case, the government has seized 191.32333418 BTC belonging to “Ahn,” the convicted operator of a porn site. The country’s […]

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Paid in Bitcoin? Learn How to Survive Off a Crypto-Income

Cryptocurrencies have become very popular, and over the past few years, and due to new applications and infrastructure they’ve become easier to spend compared to the early days. Nowadays, individuals are starting to be paid for their services in cryptocurrencies like bitcoin cash or other digital assets, and living off of cryptocurrencies is the next step towards having a stress free crypto-based income. Also read: Ledger Nano S Review: Can This $65 Device Top Trezor? Living Off a Crypto-Income Today we’re going to talk about people being paid […]

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Wendy McElroy: A Dazzling Explosion of Spontaneous Order

The Satoshi Revolution: A Revolution of Rising Expectations Section 3: Decentralization Chapter 8, Part 5 Crypto: A Dazzling Explosion of Spontaneous Order “Our civilization depends, not only for its origin but also for its preservation, on what can be precisely described only as the extended order of human cooperation, an order more commonly, if somewhat misleadingly, known as Capitalism.” —Friedrich Hayek, The Fatal Conceit Cryptocurrency brings order to the monetary realm. It may seem like chaos because the word “order” is often used as a synonym for […]

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Bitcoin Magazine’s Week in Review: Looking to the Past and the Future

South Korea just ruled that bitcoin is a legally recognizable asset, which is good news for investors, but not such good news for convicted criminals that had managed to hold onto their cryptocurrency in the past. While 5,300 miles away in Slovenia, we see BTC City adopting full cryptocurrency support via blockchain by all vendors in the shopping center. Meanwhile, The Woz continues to have a sunny outlook on Bitcoin and predicts that, within 10 years, bitcoin will become a unifying currency around the world. Looking back […]

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New SRBMiner 1.6.0 Cryptonight AMD GPU Miner Ready for Haven and Masari Forks

SRBMiner is turning out to be the first choice for a CryptoNight AMG GPU miner thanks to the good and fast support and especially the reaction time to changes and new CryptoNight variations getting supported. The latest version 1.6.0 of SRBMiner adds support for the new Haven (HVN) algorithm to go after the fork at block 89200 as well as for the new Masari (MSR) algorithm to go after the fork at block 204000. The latest version also comes with some new features and improvements to make […]

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Fifth Largest Cryptocurrency EOS’ Blockchain Set to Launch

The EOS blockchain is set to launch after a live-streamed vote among “Block Producers” yesterday unanimously voted “GO”. The EOS blockchain is set to launch today, June 9, according to the results of a live-streamed vote that took place yesterday, June 8. Candidates to become the EOS blockchain’s so-called “Block Producers” – the equivalent of miners on the Bitcoin blockchain – voted “Go” in their latest voting session to make the EOS mainnet go live at 1:00pm UTC today. The community has yet to confirm that a […]

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